hick systems engineering services limited
hick systems engineering services limited Company Information
Company Number
03555023
Next Accounts
Mar 2025
Industry
Engineering related scientific and technical consulting activities
Directors
Shareholders
adrian paul hick
Group Structure
View All
Contact
Registered Address
northfield house, shurdington road, cheltenham, gloucestershire, GL51 4UA
Website
-hick systems engineering services limited Estimated Valuation
Pomanda estimates the enterprise value of HICK SYSTEMS ENGINEERING SERVICES LIMITED at £54.9k based on a Turnover of £94.5k and 0.58x industry multiple (adjusted for size and gross margin).
hick systems engineering services limited Estimated Valuation
Pomanda estimates the enterprise value of HICK SYSTEMS ENGINEERING SERVICES LIMITED at £0 based on an EBITDA of £-18.6k and a 4.78x industry multiple (adjusted for size and gross margin).
hick systems engineering services limited Estimated Valuation
Pomanda estimates the enterprise value of HICK SYSTEMS ENGINEERING SERVICES LIMITED at £0 based on Net Assets of £-3.4k and 2.45x industry multiple (adjusted for liquidity).
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Hick Systems Engineering Services Limited Overview
Hick Systems Engineering Services Limited is a live company located in cheltenham, GL51 4UA with a Companies House number of 03555023. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in April 1998, it's largest shareholder is adrian paul hick with a 100% stake. Hick Systems Engineering Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £94.5k with low growth in recent years.
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Hick Systems Engineering Services Limited Health Check
Pomanda's financial health check has awarded Hick Systems Engineering Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £94.5k, make it smaller than the average company (£684.8k)
- Hick Systems Engineering Services Limited
£684.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.7%)
- Hick Systems Engineering Services Limited
4.7% - Industry AVG
Production
with a gross margin of 35.8%, this company has a comparable cost of product (35.8%)
- Hick Systems Engineering Services Limited
35.8% - Industry AVG
Profitability
an operating margin of -20.2% make it less profitable than the average company (6.7%)
- Hick Systems Engineering Services Limited
6.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
1 - Hick Systems Engineering Services Limited
9 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
- Hick Systems Engineering Services Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £94.5k, this is equally as efficient (£94.5k)
- Hick Systems Engineering Services Limited
£94.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hick Systems Engineering Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Hick Systems Engineering Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hick Systems Engineering Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (16 weeks)
48 weeks - Hick Systems Engineering Services Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.1%, this is a higher level of debt than the average (55.6%)
103.1% - Hick Systems Engineering Services Limited
55.6% - Industry AVG
HICK SYSTEMS ENGINEERING SERVICES LIMITED financials
Hick Systems Engineering Services Limited's latest turnover from June 2023 is estimated at £94.5 thousand and the company has net assets of -£3.4 thousand. According to their latest financial statements, Hick Systems Engineering Services Limited has 1 employee and maintains cash reserves of £103.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,087 | 980 | 2,417 | 673 | 452 | 653 | 307 | 420 | 732 | 1,211 | 964 | 739 | 354 | 528 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,087 | 980 | 2,417 | 673 | 452 | 653 | 307 | 420 | 732 | 1,211 | 964 | 739 | 354 | 528 |
| Stock & work in progress | 0 | 0 | 0 | 8,831 | 7,930 | 1,510 | 1,627 | 9,756 | 2,540 | 5,000 | 6,360 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 1,996 | 0 | 9,446 | 8,251 | 169 | 0 | 1,709 | 5,193 | 181 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,361 | 3,361 | 192 | 169 | 169 | 169 | 169 | 169 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 103,831 | 107,288 | 155,033 | 125,777 | 77,980 | 96,922 | 82,851 | 87,260 | 59,899 | 73,171 | 61,904 | 69,478 | 73,125 | 57,525 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 107,192 | 110,649 | 155,225 | 134,777 | 86,079 | 100,597 | 84,647 | 106,631 | 70,690 | 78,340 | 68,264 | 71,187 | 78,318 | 57,706 |
| total assets | 108,279 | 111,629 | 157,642 | 135,450 | 86,531 | 101,250 | 84,954 | 107,051 | 71,422 | 79,551 | 69,228 | 71,926 | 78,672 | 58,234 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 59,257 | 11,221 | 43,946 | 6,903 | 7,702 | 18,766 |
| Group/Directors Accounts | 111,441 | 101,140 | 90,576 | 76,100 | 63,295 | 67,936 | 49,530 | 64,532 | 0 | 40,356 | 0 | 37,108 | 28,202 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 200 | 0 | 12,626 | 17,640 | 6,654 | 11,037 | 11,047 | 14,109 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 111,641 | 101,140 | 103,202 | 93,740 | 69,949 | 78,973 | 60,577 | 78,641 | 59,257 | 51,577 | 43,946 | 44,011 | 35,904 | 18,766 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 146 | 242 | 193 | 148 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 146 | 242 | 193 | 148 | 0 | 0 |
| total liabilities | 111,641 | 101,140 | 103,202 | 93,740 | 69,949 | 78,973 | 60,577 | 78,641 | 59,403 | 51,819 | 44,139 | 44,159 | 35,904 | 18,766 |
| net assets | -3,362 | 10,489 | 54,440 | 41,710 | 16,582 | 22,277 | 24,377 | 28,410 | 12,019 | 27,732 | 25,089 | 27,767 | 42,768 | 39,468 |
| total shareholders funds | -3,362 | 10,489 | 54,440 | 41,710 | 16,582 | 22,277 | 24,377 | 28,410 | 12,019 | 27,732 | 25,089 | 27,767 | 42,768 | 39,468 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 529 | 1,437 | 214 | 316 | 201 | 293 | 113 | 312 | 372 | 332 | 400 | 233 | 174 | 127 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | -8,831 | 901 | 6,420 | -117 | -8,129 | 7,216 | -2,460 | -1,360 | 6,360 | 0 | 0 | 0 |
| Debtors | 0 | 3,169 | 23 | 0 | -1,996 | 1,996 | -9,446 | 1,364 | 8,082 | 169 | -1,709 | -3,484 | 5,012 | 181 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -59,257 | 48,036 | -32,725 | 37,043 | -799 | -11,064 | 18,766 |
| Accruals and Deferred Income | 200 | -12,626 | -5,014 | 10,986 | -4,383 | -10 | -3,062 | 14,109 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -146 | -96 | 49 | 45 | 148 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 10,301 | 10,564 | 14,476 | 12,805 | -4,641 | 18,406 | -15,002 | 64,532 | -40,356 | 40,356 | -37,108 | 8,906 | 28,202 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -3,457 | -47,745 | 29,256 | 47,797 | -18,942 | 14,071 | -4,409 | 27,361 | -13,272 | 11,267 | -7,574 | -3,647 | 15,600 | 57,525 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,457 | -47,745 | 29,256 | 47,797 | -18,942 | 14,071 | -4,409 | 27,361 | -13,272 | 11,267 | -7,574 | -3,647 | 15,600 | 57,525 |
hick systems engineering services limited Credit Report and Business Information
Hick Systems Engineering Services Limited Competitor Analysis
Perform a competitor analysis for hick systems engineering services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in GL51 area or any other competitors across 12 key performance metrics.
hick systems engineering services limited Ownership
HICK SYSTEMS ENGINEERING SERVICES LIMITED group structure
Hick Systems Engineering Services Limited has no subsidiary companies.
Ultimate parent company
HICK SYSTEMS ENGINEERING SERVICES LIMITED
03555023
hick systems engineering services limited directors
Hick Systems Engineering Services Limited currently has 1 director, Mr Adrian Hick serving since Apr 1998.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Hick | United Kingdom | 61 years | Apr 1998 | - | Director |
P&L
June 2023turnover
94.5k
+4%
operating profit
-19.1k
0%
gross margin
35.8%
-1.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-3.4k
-1.32%
total assets
108.3k
-0.03%
cash
103.8k
-0.03%
net assets
Total assets minus all liabilities
hick systems engineering services limited company details
company number
03555023
Type
Private limited with Share Capital
industry
71122 - Engineering related scientific and technical consulting activities
incorporation date
April 1998
age
27
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
ARC & CO ACCOUNTANTS LIMITED
auditor
-
address
northfield house, shurdington road, cheltenham, gloucestershire, GL51 4UA
Bank
-
Legal Advisor
-
hick systems engineering services limited Charges & Mortgages
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 did not find charges/mortgages relating to hick systems engineering services limited.
hick systems engineering services limited Capital Raised & Share Issues BETA
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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hick systems engineering services limited Companies House Filings - See Documents
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