
Group Structure
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Industry
Support activities for petroleum and natural gas extraction
Registered Address
the perch halton lane, wendover, HP22 6AZ
Pomanda estimates the enterprise value of HOH OILFIELD SERVICES LIMITED at £644.3k based on a Turnover of £1.2m and 0.53x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HOH OILFIELD SERVICES LIMITED at £11.1k based on an EBITDA of £6.3k and a 1.76x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HOH OILFIELD SERVICES LIMITED at £3.2m based on Net Assets of £2.3m and 1.4x industry multiple (adjusted for liquidity).
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Hoh Oilfield Services Limited is a live company located in wendover, HP22 6AZ with a Companies House number of 03552352. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in April 1998, it's largest shareholder is darren allport with a 100% stake. Hoh Oilfield Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.
Pomanda's financial health check has awarded Hoh Oilfield Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£16.6m)
- Hoh Oilfield Services Limited
£16.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (3.4%)
- Hoh Oilfield Services Limited
3.4% - Industry AVG
Production
with a gross margin of 24.6%, this company has a comparable cost of product (24.6%)
- Hoh Oilfield Services Limited
24.6% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (6.7%)
- Hoh Oilfield Services Limited
6.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (40)
3 - Hoh Oilfield Services Limited
40 - Industry AVG
Pay Structure
on an average salary of £71.6k, the company has an equivalent pay structure (£71.6k)
- Hoh Oilfield Services Limited
£71.6k - Industry AVG
Efficiency
resulting in sales per employee of £403.9k, this is more efficient (£220.2k)
- Hoh Oilfield Services Limited
£220.2k - Industry AVG
Debtor Days
it gets paid by customers after 112 days, this is later than average (54 days)
- Hoh Oilfield Services Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (27 days)
- Hoh Oilfield Services Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 37 days, this is more than average (28 days)
- Hoh Oilfield Services Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 95 weeks, this is more cash available to meet short term requirements (6 weeks)
95 weeks - Hoh Oilfield Services Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.4%, this is a lower level of debt than the average (55.2%)
2.4% - Hoh Oilfield Services Limited
55.2% - Industry AVG
Hoh Oilfield Services Limited's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of £2.3 million. According to their latest financial statements, Hoh Oilfield Services Limited has 3 employees and maintains cash reserves of £101.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 4,782,406 | 8,505,560 | 19,084,238 | 56,061,139 | 49,763,396 | 29,318,276 | 21,710,614 | ||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 3,696,699 | 7,873,462 | 16,143,265 | 51,043,751 | 46,050,729 | 24,457,807 | 18,707,710 | ||||||||
Gross Profit | 1,085,707 | 632,098 | 2,940,973 | 5,017,388 | 3,712,667 | 4,860,469 | 3,002,904 | ||||||||
Admin Expenses | 1,075,190 | 1,076,501 | 1,106,674 | 185,451 | 2,502,562 | 972,675 | 846,822 | ||||||||
Operating Profit | 10,517 | -444,403 | 1,834,299 | 4,831,937 | 1,210,105 | 3,887,794 | 2,156,082 | ||||||||
Interest Payable | 2,505 | 4,310 | |||||||||||||
Interest Receivable | 3,915 | 8,430 | 10,504 | 26,898 | 36,270 | 18,399 | 65,587 | ||||||||
Pre-Tax Profit | 11,927 | -440,283 | 1,844,803 | 4,858,835 | 1,246,375 | 3,906,193 | 2,493,984 | ||||||||
Tax | -15,892 | 94,071 | -391,922 | -1,193,264 | -370,705 | -1,097,102 | -701,220 | ||||||||
Profit After Tax | -3,965 | -346,212 | 1,452,881 | 3,665,571 | 875,670 | 2,809,091 | 1,792,764 | ||||||||
Dividends Paid | 134,953 | 3,006,795 | 6,100,000 | ||||||||||||
Retained Profit | -138,918 | -3,353,007 | 1,452,881 | 3,665,571 | -5,224,330 | 2,809,091 | 1,792,764 | ||||||||
Employee Costs | 672,777 | 741,940 | 972,622 | 764,422 | 593,081 | 559,089 | |||||||||
Number Of Employees | 3 | 3 | 3 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 15 | 14 | 13 | 11 | 11 |
EBITDA* | 47,409 | -411,136 | 1,853,614 | 4,869,684 | 1,231,986 | 3,900,018 | 2,161,560 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 14,234 | 51,126 | 84,393 | 61,429 | 99,177 | 24,449 | 1,000 | ||||||||
Intangible Assets | |||||||||||||||
Investments & Other | 1,757,364 | 1,721,546 | 1,292,093 | 1,025,526 | 236,039 | 56,655 | |||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 1,757,364 | 1,721,546 | 1,292,093 | 1,025,526 | 236,039 | 56,655 | 14,234 | 51,126 | 84,393 | 61,429 | 99,177 | 24,449 | 1,000 | ||
Stock & work in progress | 92,854 | 180,668 | 259,624 | 293,818 | 387,186 | 276,737 | 56,727 | 102,896 | 815,592 | 1,091,121 | 2,028,346 | 5,437,911 | 10,657,765 | 5,139,858 | 3,049,108 |
Trade Debtors | 373,476 | 101,316 | 207,485 | 876,937 | 1,176,692 | 1,345,549 | 707,512 | 437,823 | 748,602 | 865,365 | 3,027,442 | 2,214,017 | 391,865 | 2,720,245 | 4,826,421 |
Group Debtors | |||||||||||||||
Misc Debtors | 12,663 | 92,711 | 3,983 | 21,599 | 459,167 | 58,973 | 75,936 | 30,633 | 163,335 | 64,652 | 572,657 | 538,609 | 173,693 | 255,354 | |
Cash | 101,232 | 540,735 | 415,763 | 575,157 | 1,190,192 | 1,881,020 | 2,278,240 | 3,217,573 | 4,437,448 | 5,066,201 | 6,998,151 | 6,603,979 | 9,713,178 | 11,886,466 | 6,808,245 |
misc current assets | |||||||||||||||
total current assets | 580,225 | 915,430 | 886,855 | 1,767,511 | 3,213,237 | 3,562,279 | 3,118,415 | 3,788,925 | 6,164,977 | 7,022,687 | 12,118,591 | 14,828,564 | 21,301,417 | 19,920,262 | 14,939,128 |
total assets | 2,337,589 | 2,636,976 | 2,178,948 | 2,793,037 | 3,449,276 | 3,618,934 | 3,118,415 | 3,788,925 | 6,179,211 | 7,073,813 | 12,202,984 | 14,889,993 | 21,400,594 | 19,944,711 | 14,940,128 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 1,292 | 122,186 | 19,791 | 172,458 | 604,674 | 537,525 | 41,374 | 62,768 | 263,834 | 733,024 | 623,044 | 2,617,773 | 5,304,906 | 3,272,511 | 2,397,576 |
Group/Directors Accounts | 52 | ||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 54,000 | 249,873 | 32,462 | 44,531 | 119,499 | 41,813 | 65,309 | 165,062 | 1,164,381 | 1,450,875 | 3,337,018 | 5,482,176 | 12,971,214 | 8,323,396 | 7,002,839 |
total current liabilities | 55,292 | 372,059 | 52,253 | 216,989 | 724,173 | 579,390 | 106,683 | 227,830 | 1,428,215 | 2,183,899 | 3,960,062 | 8,099,949 | 18,276,120 | 11,595,907 | 9,400,415 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | |||||||||||||||
total long term liabilities | |||||||||||||||
total liabilities | 55,292 | 372,059 | 52,253 | 216,989 | 724,173 | 579,390 | 106,683 | 227,830 | 1,428,215 | 2,183,899 | 3,960,062 | 8,099,949 | 18,276,120 | 11,595,907 | 9,400,415 |
net assets | 2,282,297 | 2,264,917 | 2,126,695 | 2,576,048 | 2,725,103 | 3,039,544 | 3,011,732 | 3,561,095 | 4,750,996 | 4,889,914 | 8,242,922 | 6,790,044 | 3,124,474 | 8,348,804 | 5,539,713 |
total shareholders funds | 2,282,297 | 2,264,917 | 2,126,695 | 2,576,048 | 2,725,103 | 3,039,544 | 3,011,732 | 3,561,095 | 4,750,996 | 4,889,914 | 8,242,922 | 6,790,044 | 3,124,474 | 8,348,804 | 5,539,713 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 10,517 | -444,403 | 1,834,299 | 4,831,937 | 1,210,105 | 3,887,794 | 2,156,082 | ||||||||
Depreciation | 14,234 | 36,892 | 33,267 | 19,315 | 37,747 | 21,881 | 12,224 | 5,478 | |||||||
Amortisation | |||||||||||||||
Tax | -15,892 | 94,071 | -391,922 | -1,193,264 | -370,705 | -1,097,102 | -701,220 | ||||||||
Stock | -87,814 | -78,956 | -34,194 | -93,368 | 110,449 | 220,010 | -46,169 | -712,696 | -275,529 | -937,225 | -3,409,565 | -5,219,854 | 5,517,907 | 2,090,750 | 3,049,108 |
Debtors | 192,112 | -17,441 | -687,068 | -737,323 | 231,337 | 621,074 | 314,992 | -443,481 | 46,572 | -2,226,729 | 305,420 | 1,856,200 | -1,963,464 | -2,187,837 | 5,081,775 |
Creditors | -120,894 | 102,395 | -152,667 | -432,216 | 67,149 | 496,151 | -21,394 | -201,066 | -469,190 | 109,980 | -1,994,729 | -2,687,133 | 2,032,395 | 874,935 | 2,397,576 |
Accruals and Deferred Income | -195,873 | 217,411 | -12,069 | -74,968 | 77,686 | -23,496 | -99,753 | -999,319 | -286,494 | -1,886,143 | -2,145,158 | -7,489,038 | 4,647,818 | 1,320,557 | 7,002,839 |
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | -495,210 | 1,070,726 | 425,950 | -3,136,097 | 3,987,051 | 5,095,495 | 2,729,872 | ||||||||
Investing Activities | |||||||||||||||
capital expenditure | -42,279 | -96,607 | -31,868 | -1,000 | |||||||||||
Change in Investments | 35,818 | 429,453 | 266,567 | 789,487 | 179,384 | 56,655 | |||||||||
cash flow from investments | -42,279 | -96,607 | -31,868 | -1,000 | |||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -52 | 52 | |||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | 1,410 | 4,120 | 10,504 | 26,898 | 36,270 | 18,399 | 65,587 | ||||||||
cash flow from financing | 1,410 | 4,119 | 10,501 | 26,897 | 36,270 | 18,399 | 3,812,536 | ||||||||
cash and cash equivalents | |||||||||||||||
cash | -439,503 | 124,972 | -159,394 | -615,035 | -690,828 | -397,220 | -939,333 | -1,219,875 | -628,753 | -1,931,950 | 394,172 | -3,109,199 | -2,173,288 | 5,078,221 | 6,808,245 |
overdraft | |||||||||||||||
change in cash | -439,503 | 124,972 | -159,394 | -615,035 | -690,828 | -397,220 | -939,333 | -1,219,875 | -628,753 | -1,931,950 | 394,172 | -3,109,199 | -2,173,288 | 5,078,221 | 6,808,245 |
Perform a competitor analysis for hoh oilfield services limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other small companies, companies in HP22 area or any other competitors across 12 key performance metrics.
HOH OILFIELD SERVICES LIMITED group structure
Hoh Oilfield Services Limited has no subsidiary companies.
Ultimate parent company
HOH OILFIELD SERVICES LIMITED
03552352
Hoh Oilfield Services Limited currently has 1 director, Mr Michael Coe serving since Sep 2013.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Coe | England | 51 years | Sep 2013 | - | Director |
P&L
December 2023turnover
1.2m
+26%
operating profit
6.3k
0%
gross margin
24.6%
+19.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.3m
+0.01%
total assets
2.3m
-0.11%
cash
101.2k
-0.81%
net assets
Total assets minus all liabilities
company number
03552352
Type
Private limited with Share Capital
industry
09100 - Support activities for petroleum and natural gas extraction
incorporation date
April 1998
age
27
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
the perch halton lane, wendover, HP22 6AZ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 4 charges/mortgages relating to hoh oilfield services limited. Currently there are 4 open charges and 0 have been satisfied in the past.
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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