heatex quality insulation limited
heatex quality insulation limited Company Information
Company Number
03983471
Website
heatex.co.ukRegistered Address
scope house weston road, crewe, cheshire, CW1 6DD
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Other building completion and finishing
Telephone
-
Next Accounts Due
May 2024
Group Structure
View All
Shareholders
heatex group ltd 100%
heatex quality insulation limited Estimated Valuation
Pomanda estimates the enterprise value of HEATEX QUALITY INSULATION LIMITED at £385.5k based on a Turnover of £1.3m and 0.29x industry multiple (adjusted for size and gross margin).
heatex quality insulation limited Estimated Valuation
Pomanda estimates the enterprise value of HEATEX QUALITY INSULATION LIMITED at £0 based on an EBITDA of £-91.3k and a 3.39x industry multiple (adjusted for size and gross margin).
heatex quality insulation limited Estimated Valuation
Pomanda estimates the enterprise value of HEATEX QUALITY INSULATION LIMITED at £857.4k based on Net Assets of £317k and 2.7x industry multiple (adjusted for liquidity).
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Heatex Quality Insulation Limited Overview
Heatex Quality Insulation Limited is a dissolved company that was located in cheshire, CW1 6DD with a Companies House number of 03983471. It operated in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in April 2000, it's largest shareholder was heatex group ltd with a 100% stake. The last turnover for Heatex Quality Insulation Limited was estimated at £1.3m.
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Heatex Quality Insulation Limited Health Check
Pomanda's financial health check has awarded Heatex Quality Insulation Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£1.9m)
- Heatex Quality Insulation Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (5.6%)
- Heatex Quality Insulation Limited
5.6% - Industry AVG
Production
with a gross margin of 17.7%, this company has a higher cost of product (29.2%)
- Heatex Quality Insulation Limited
29.2% - Industry AVG
Profitability
an operating margin of -8.5% make it less profitable than the average company (6.5%)
- Heatex Quality Insulation Limited
6.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (57)
- Heatex Quality Insulation Limited
57 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)
- Heatex Quality Insulation Limited
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £335.4k, this is more efficient (£184k)
- Heatex Quality Insulation Limited
£184k - Industry AVG
Debtor Days
it gets paid by customers after 124 days, this is later than average (52 days)
- Heatex Quality Insulation Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (42 days)
- Heatex Quality Insulation Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (13 days)
- Heatex Quality Insulation Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (18 weeks)
4 weeks - Heatex Quality Insulation Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.3%, this is a lower level of debt than the average (72.5%)
44.3% - Heatex Quality Insulation Limited
72.5% - Industry AVG
heatex quality insulation limited Credit Report and Business Information
Heatex Quality Insulation Limited Competitor Analysis
Perform a competitor analysis for heatex quality insulation limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
heatex quality insulation limited Ownership
HEATEX QUALITY INSULATION LIMITED group structure
Heatex Quality Insulation Limited has no subsidiary companies.
Ultimate parent company
1 parent
HEATEX QUALITY INSULATION LIMITED
03983471
heatex quality insulation limited directors
Heatex Quality Insulation Limited currently has 2 directors. The longest serving directors include Mr David Brough (Apr 2000) and Mrs Tracy Brough (Jul 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Brough | 57 years | Apr 2000 | - | Director | |
| Mrs Tracy Brough | United Kingdom | 58 years | Jul 2007 | - | Director |
HEATEX QUALITY INSULATION LIMITED financials
Heatex Quality Insulation Limited's latest turnover from December 2014 is estimated at £1.3 million and the company has net assets of £317 thousand. According to their latest financial statements, we estimate that Heatex Quality Insulation Limited has 4 employees and maintains cash reserves of £20.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2014 | Dec 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|
| Tangible Assets | 17,427 | 34,326 | 59,595 | 59,856 | 128,912 |
| Intangible Assets | 56,882 | 67,232 | 82,800 | 93,150 | 103,500 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 74,309 | 101,558 | 142,395 | 153,006 | 232,412 |
| Stock & work in progress | 15,000 | 17,629 | 60,883 | 26,519 | 26,519 |
| Trade Debtors | 459,270 | 462,807 | 541,892 | 808,485 | 568,443 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 259,451 | 0 | 0 |
| Cash | 20,587 | 2,308 | 16,202 | 445 | 137,853 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 494,857 | 482,744 | 878,428 | 835,449 | 732,815 |
| total assets | 569,166 | 584,302 | 1,020,823 | 988,455 | 965,227 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 222,865 | 152,914 | 572,842 | 383,511 | 246,500 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 222,865 | 152,914 | 572,842 | 383,511 | 246,500 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 29,283 | 0 | 11,109 | 7,363 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 29,283 | 0 | 11,109 | 7,363 | 0 |
| total liabilities | 252,148 | 152,914 | 583,951 | 390,874 | 246,500 |
| net assets | 317,018 | 431,388 | 436,872 | 597,581 | 718,727 |
| total shareholders funds | 317,018 | 431,388 | 436,872 | 597,581 | 718,727 |
| Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 12,785 | 28,705 | 46,303 | 63,226 | 83,676 |
| Amortisation | 10,350 | 15,568 | 10,350 | 10,350 | 10,350 |
| Tax | |||||
| Stock | -2,629 | -43,254 | 34,364 | 0 | 26,519 |
| Debtors | -3,537 | -338,536 | -7,142 | 240,042 | 568,443 |
| Creditors | 69,951 | -419,928 | 189,331 | 137,011 | 246,500 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 29,283 | -11,109 | 3,746 | 7,363 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 18,279 | -13,894 | 15,757 | -137,408 | 137,853 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 18,279 | -13,894 | 15,757 | -137,408 | 137,853 |
P&L
December 2014turnover
1.3m
+5%
operating profit
-114.4k
0%
gross margin
17.8%
+0.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2014net assets
317k
-0.27%
total assets
569.2k
-0.03%
cash
20.6k
+7.92%
net assets
Total assets minus all liabilities
heatex quality insulation limited company details
company number
03983471
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
43390 - Other building completion and finishing
43220 - Plumbing, heat and air-conditioning installation
incorporation date
April 2000
age
24
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
incorporated
UK
address
scope house weston road, crewe, cheshire, CW1 6DD
last accounts submitted
December 2014
heatex quality insulation 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 1 charges/mortgages relating to heatex quality insulation limited. Currently there are 1 open charges and 0 have been satisfied in the past.
heatex quality insulation limited Companies House Filings - See Documents
| date | description | view/download |
|---|
