hart engineering limited
hart engineering limited Company Information
Company Number
03768706
Website
www.hartengineering.co.ukRegistered Address
1 stags holt farm cottages, coldham bank, march, PE15 0BS
Industry
Plumbing, heat and air-conditioning installation
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Antonio Falco25 Years
Shareholders
antonio falco 100%
hart engineering limited Estimated Valuation
Pomanda estimates the enterprise value of HART ENGINEERING LIMITED at £217.8k based on a Turnover of £513.9k and 0.42x industry multiple (adjusted for size and gross margin).
hart engineering limited Estimated Valuation
Pomanda estimates the enterprise value of HART ENGINEERING LIMITED at £31.7k based on an EBITDA of £7.1k and a 4.49x industry multiple (adjusted for size and gross margin).
hart engineering limited Estimated Valuation
Pomanda estimates the enterprise value of HART ENGINEERING LIMITED at £416.2k based on Net Assets of £132.9k and 3.13x industry multiple (adjusted for liquidity).
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Hart Engineering Limited Overview
Hart Engineering Limited is a live company located in march, PE15 0BS with a Companies House number of 03768706. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in May 1999, it's largest shareholder is antonio falco with a 100% stake. Hart Engineering Limited is a mature, small sized company, Pomanda has estimated its turnover at £513.9k with healthy growth in recent years.
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Hart Engineering Limited Health Check
Pomanda's financial health check has awarded Hart Engineering Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £513.9k, make it larger than the average company (£323.1k)
- Hart Engineering Limited
£323.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.8%)
- Hart Engineering Limited
4.8% - Industry AVG
Production
with a gross margin of 18.4%, this company has a higher cost of product (28%)
- Hart Engineering Limited
28% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (6.5%)
- Hart Engineering Limited
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Hart Engineering Limited
3 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)
- Hart Engineering Limited
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £513.9k, this is more efficient (£110.1k)
- Hart Engineering Limited
£110.1k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (55 days)
- Hart Engineering Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 185 days, this is slower than average (46 days)
- Hart Engineering Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hart Engineering Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hart Engineering Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.5%, this is a similar level of debt than the average (60.8%)
61.5% - Hart Engineering Limited
60.8% - Industry AVG
HART ENGINEERING LIMITED financials
Hart Engineering Limited's latest turnover from May 2023 is estimated at £513.9 thousand and the company has net assets of £132.9 thousand. According to their latest financial statements, Hart Engineering Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 75,741 | 67,442 | ||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 48,294 | 35,993 | ||||||||||||
| Gross Profit | 27,447 | 31,449 | ||||||||||||
| Admin Expenses | 11,677 | 10,516 | ||||||||||||
| Operating Profit | 15,770 | 20,933 | ||||||||||||
| Interest Payable | 0 | 0 | ||||||||||||
| Interest Receivable | 0 | 0 | ||||||||||||
| Pre-Tax Profit | 15,770 | 20,933 | ||||||||||||
| Tax | -3,496 | -4,594 | ||||||||||||
| Profit After Tax | 12,274 | 16,339 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | 12,274 | 16,339 | ||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | ||||||||||
| EBITDA* | 17,329 | 22,924 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 224,814 | 225,437 | 226,086 | 375,126 | 375,646 | 376,268 | 154,610 | 155,854 | 157,602 | 135,280 | 140,054 | 129,867 | 130,950 | 132,348 |
| 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 | 224,814 | 225,437 | 226,086 | 375,126 | 375,646 | 376,268 | 154,610 | 155,854 | 157,602 | 135,280 | 140,054 | 129,867 | 130,950 | 132,348 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 120,591 | 128,812 | 145,338 | 16,586 | 22,737 | 11,110 | 8,094 | 3,629 | 6,574 | 10,923 | 12,021 | 8,692 | 8,657 | 16,479 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,522 | 15,609 | 26,892 | 19,371 | 12,109 | 32,548 | 36,484 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 120,591 | 128,812 | 145,338 | 16,586 | 22,737 | 11,110 | 8,094 | 26,151 | 22,183 | 37,815 | 31,392 | 20,801 | 41,205 | 52,963 |
| total assets | 345,405 | 354,249 | 371,424 | 391,712 | 398,383 | 387,378 | 162,704 | 182,005 | 179,785 | 173,095 | 171,446 | 150,668 | 172,155 | 185,311 |
| 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 | 212,521 | 226,667 | 242,888 | 323,956 | 335,481 | 309,725 | 84,556 | 100,879 | 98,550 | 5,609 | 14,271 | 979 | 11,363 | 8,993 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 126,577 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83,912 | 84,328 | 90,594 | 103,521 | 4,744 |
| total current liabilities | 212,521 | 226,667 | 242,888 | 323,956 | 335,481 | 309,725 | 84,556 | 100,879 | 98,550 | 89,521 | 98,599 | 91,573 | 114,884 | 140,314 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 212,521 | 226,667 | 242,888 | 323,956 | 335,481 | 309,725 | 84,556 | 100,879 | 98,550 | 89,521 | 98,599 | 91,573 | 114,884 | 140,314 |
| net assets | 132,884 | 127,582 | 128,536 | 67,756 | 62,902 | 77,653 | 78,148 | 81,126 | 81,235 | 83,574 | 72,847 | 59,095 | 57,271 | 44,997 |
| total shareholders funds | 132,884 | 127,582 | 128,536 | 67,756 | 62,902 | 77,653 | 78,148 | 81,126 | 81,235 | 83,574 | 72,847 | 59,095 | 57,271 | 44,997 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 15,770 | 20,933 | ||||||||||||
| Depreciation | 2,313 | 3,058 | 4,618 | 1,224 | 1,559 | 1,991 | ||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | -3,496 | -4,594 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -8,221 | -16,526 | 128,752 | -6,151 | 11,627 | 3,016 | 4,465 | -2,945 | -4,349 | -1,098 | 3,329 | 35 | -7,822 | 16,479 |
| Creditors | -14,146 | -16,221 | -81,068 | -11,525 | 25,756 | 225,169 | -16,323 | 2,329 | 92,941 | -8,662 | 13,292 | -10,384 | 2,370 | 8,993 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -83,912 | -416 | -6,266 | -12,927 | 98,777 | 4,744 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 122,802 | 15,588 | ||||||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -126,577 | 126,577 |
| 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 | 0 | 0 | ||||||||||||
| cash flow from financing | -126,577 | 155,235 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -22,522 | 6,913 | -11,283 | 7,521 | 7,262 | -20,439 | -3,936 | 36,484 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -22,522 | 6,913 | -11,283 | 7,521 | 7,262 | -20,439 | -3,936 | 36,484 |
hart engineering limited Credit Report and Business Information
Hart Engineering Limited Competitor Analysis
Perform a competitor analysis for hart engineering limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PE15 area or any other competitors across 12 key performance metrics.
hart engineering limited Ownership
HART ENGINEERING LIMITED group structure
Hart Engineering Limited has no subsidiary companies.
Ultimate parent company
HART ENGINEERING LIMITED
03768706
hart engineering limited directors
Hart Engineering Limited currently has 1 director, Mr Antonio Falco serving since May 1999.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Antonio Falco | 69 years | May 1999 | - | Director |
P&L
May 2023turnover
513.9k
+2%
operating profit
7.1k
0%
gross margin
18.5%
-1.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
132.9k
+0.04%
total assets
345.4k
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
hart engineering limited company details
company number
03768706
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
May 1999
age
25
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
1 stags holt farm cottages, coldham bank, march, PE15 0BS
Bank
-
Legal Advisor
-
hart engineering 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 found 2 charges/mortgages relating to hart engineering limited. Currently there are 2 open charges and 0 have been satisfied in the past.
hart engineering limited Companies House Filings - See Documents
| date | description | view/download |
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