Hermeq Steel Limited

POWER SEARCH PRICING

SOLUTIONS

hermeq steel limited Company Information

Company Number

04072433

Next Accounts

Jan 2026

Directors

Stephen Melhuish

Kitty Kinsella

Shareholders

hawthorn holdings limited

Group Structure

View All

Industry

Wholesale of metals and metal ores

Registered Address

10-11, oldbury road industrial estate, west bromwich, west midlands, B70 9DD

Website

www.hawthorntrading.com

hermeq steel limited Estimated Valuation

£11.6m

Pomanda estimates the enterprise value of HERMEQ STEEL LIMITED at £11.6m based on Net Assets of £7.3m and 1.59x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Hermeq Steel Limited is a live company located in west bromwich, B70 9DD with a Companies House number of 04072433. It operates in the wholesale of metals and metal ores sector, SIC Code 46720. Founded in September 2000, it's largest shareholder is hawthorn holdings limited with a 100% stake. Hermeq Steel Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.8m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Hermeq Steel Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

5 Strong

0 Regular

7 Weak

Size

annual sales of £8.8m, make it smaller than the average company (£24.8m)

Growth

3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (14.1%)

EXPORT

Hermeq Steel Limited's latest turnover from April 2024 is £8.8 million and the company has net assets of £7.3 million. According to their latest financial statements, Hermeq Steel Limited has 88 employees and maintains cash reserves of £294 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Turnover	8,846,710	18,996,698	22,381,760	20,910,435	12,426,482	13,144,666	11,380,505	9,791,117	12,489,795	7,098,040	7,607,431	9,258,589	7,922,525	5,819,774	6,267,004	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	6,832,329	14,814,183	17,905,701	16,606,600	9,659,950	10,514,027	8,850,639	7,413,543	10,685,152	6,115,226	6,599,348	8,044,912	6,860,459	4,941,983	5,305,659	0
Gross Profit	2,014,381	4,182,515	4,476,059	4,303,835	2,766,532	2,630,639	2,529,866	2,377,574	1,804,643	982,815	1,008,083	1,213,677	1,062,065	877,790	961,345	0
Admin Expenses	1,986,317	2,705,088	2,664,865	2,078,071	1,902,236	2,123,876	2,073,974	1,623,172	1,045,104	696,225	606,808	883,820	868,058	727,294	783,398	-1,058,739
Operating Profit	28,064	1,477,427	1,811,194	2,225,764	864,296	506,763	455,892	754,402	759,539	286,590	401,275	329,857	194,007	150,496	177,947	1,058,739
Interest Payable	61,099	112,751	68,745	46,790	54,723	75,273	75,154	49,239	1,379	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	0	183	324	253	299	194	0	1	1
Pre-Tax Profit	-33,035	1,364,676	1,742,449	2,178,974	809,573	431,490	380,738	705,163	758,343	286,914	401,528	330,156	194,201	150,496	177,949	1,058,740
Tax	3,200	-272,237	-347,319	-391,990	-97,092	-30,705	-114,332	55,227	-151,668	-57,383	-84,321	-75,936	-46,608	-39,129	-49,826	-296,447
Profit After Tax	-29,835	1,092,439	1,395,130	1,786,984	712,481	400,785	266,406	760,390	606,674	229,531	317,207	254,220	147,593	111,367	128,123	762,293
Dividends Paid	41,699	808,825	276,061	143,480	137,273	132,750	95,000	0	0	0	0	0	0	0	0	0
Retained Profit	-71,534	283,614	1,119,069	1,643,504	575,208	268,035	171,406	760,390	606,674	229,531	317,207	254,220	147,593	111,367	128,123	762,293
Employee Costs	1,691,729	2,886,688	2,729,259	2,344,658	2,119,014	2,174,221	2,046,168	1,775,376	2,679,211	464,440	484,855	571,442	401,223	343,778	437,986	0
Number Of Employees	88	87	88	78	79	85	90	82	72	13	14	17	12	10	14	0
EBITDA*	305,933	1,945,094	2,196,840	2,586,140	1,237,210	895,092	793,926	958,696	951,036	440,275	540,050	466,919	255,721	189,805	222,389	1,101,364

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Tangible Assets	2,699,396	2,510,475	2,259,744	2,214,230	2,031,863	1,943,408	2,058,349	1,771,271	769,053	711,789	441,270	563,474	517,416	213,094	211,797	231,861
Intangible Assets	0	0	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	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	2,699,396	2,510,475	2,259,744	2,214,230	2,031,863	1,943,408	2,058,349	1,771,271	769,053	711,789	441,270	563,474	517,416	213,094	211,797	231,861
Stock & work in progress	3,605,197	3,236,169	3,508,016	3,011,828	1,244,006	1,459,660	1,176,182	1,323,197	702,052	593,938	509,752	771,501	892,815	559,985	567,034	470,736
Trade Debtors	4,859,541	5,404,435	4,938,952	4,610,022	3,629,576	3,318,317	3,309,163	2,814,525	2,677,363	2,103,125	2,358,077	2,297,852	1,696,402	1,623,159	1,646,883	980,938
Group Debtors	653,551	1,288,756	421,716	388,423	410,945	489,344	513,694	582,777	635,624	0	0	0	0	0	0	0
Misc Debtors	302,936	67,320	24,243	63,152	30,792	27,657	22,701	165,615	12,179	639,000	0	0	0	0	0	0
Cash	294,006	42,721	568,428	331,986	197,748	4,954	106,246	106,269	76,002	70,273	59,374	41,943	77,697	0	0	485
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	9,715,231	10,039,401	9,461,355	8,405,411	5,513,067	5,299,932	5,127,986	4,992,383	4,103,220	3,406,336	2,927,203	3,111,296	2,666,914	2,183,144	2,213,917	1,452,159
total assets	12,414,627	12,549,876	11,721,099	10,619,641	7,544,930	7,243,340	7,186,335	6,763,654	4,872,273	4,118,125	3,368,473	3,674,770	3,184,330	2,396,238	2,425,714	1,684,020
Bank overdraft	0	0	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	0	0
Trade Creditors	2,032,758	2,029,196	1,054,257	1,444,154	1,592,240	1,478,802	1,179,741	1,678,427	1,408,729	1,145,419	1,542,362	2,069,587	1,870,775	1,343,263	1,443,172	828,334
Group/Directors Accounts	170,340	158,191	300,000	0	0	0	99,400	0	0	0	0	0	0	0	0	0
other short term finances	1,599,046	1,703,141	2,180,619	2,162,935	637,832	1,227,665	1,604,043	1,140,744	44,127	0	0	0	0	0	0	0
hp & lease commitments	138,810	140,810	56,324	51,605	133,962	132,601	117,738	146,671	145,745	138,909	0	0	0	0	0	0
other current liabilities	368,546	322,814	437,043	670,995	555,488	293,235	306,184	130,915	503,846	707,114	0	0	0	0	0	0
total current liabilities	4,309,500	4,354,152	4,028,243	4,329,689	2,919,522	3,132,303	3,307,106	3,096,757	2,102,447	1,991,442	1,542,362	2,069,587	1,870,775	1,343,263	1,443,172	828,334
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	238,551	319,523	181,535	8,384	52,489	156,822	213,884	236,801	101,982	122,547	0	0	0	0	0	0
Accruals and Deferred Income	0	0	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	61,954	144,257	118,261	28,125	59,100	69,573
provisions	559,776	497,867	416,601	305,917	240,772	197,276	176,441	112,598	110,736	53,702	43,254	57,230	45,818	22,967	32,926	23,720
total long term liabilities	798,327	817,390	598,136	314,301	293,261	354,098	390,325	349,399	212,718	176,249	105,208	201,487	164,079	51,092	92,026	93,293
total liabilities	5,107,827	5,171,542	4,626,379	4,643,990	3,212,783	3,486,401	3,697,431	3,446,156	2,315,165	2,167,691	1,647,570	2,271,074	2,034,854	1,394,355	1,535,198	921,627
net assets	7,306,800	7,378,334	7,094,720	5,975,651	4,332,147	3,756,939	3,488,904	3,317,498	2,557,108	1,950,434	1,720,903	1,403,696	1,149,476	1,001,883	890,516	762,393
total shareholders funds	7,306,800	7,378,334	7,094,720	5,975,651	4,332,147	3,756,939	3,488,904	3,317,498	2,557,108	1,950,434	1,720,903	1,403,696	1,149,476	1,001,883	890,516	762,393

	Apr 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Operating Activities
Operating Profit	28,064	1,477,427	1,811,194	2,225,764	864,296	506,763	455,892	754,402	759,539	286,590	401,275	329,857	194,007	150,496	177,947	1,058,739
Depreciation	277,869	467,667	385,646	360,376	372,914	388,329	338,034	204,294	191,497	153,685	138,775	137,062	61,714	39,309	44,442	42,625
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	3,200	-272,237	-347,319	-391,990	-97,092	-30,705	-114,332	55,227	-151,668	-57,383	-84,321	-75,936	-46,608	-39,129	-49,826	-296,447
Stock	369,028	-271,847	496,188	1,767,822	-215,654	283,478	-147,015	621,145	108,114	84,186	-261,749	-121,314	332,830	-7,049	96,298	470,736
Debtors	-944,483	1,375,600	323,314	990,284	235,995	-10,240	282,641	237,751	583,041	384,048	60,225	601,450	73,243	-23,724	665,945	980,938
Creditors	3,562	974,939	-389,897	-148,086	113,438	299,061	-498,686	269,698	263,310	-396,943	-527,225	198,812	527,512	-99,909	614,838	828,334
Accruals and Deferred Income	45,732	-114,229	-233,952	115,507	262,253	-12,949	175,269	-372,931	-203,268	707,114	0	0	0	0	0	0
Deferred Taxes & Provisions	61,909	81,266	110,684	65,145	43,496	20,835	63,843	1,862	57,034	10,448	-13,976	11,412	22,851	-9,959	9,206	23,720
Cash flow from operations	995,791	1,511,080	516,854	-531,390	1,538,964	898,096	284,394	53,656	225,289	235,277	116,052	121,071	353,403	71,581	34,364	205,297
Investing Activities
capital expenditure	-466,790	-718,398	-431,160	-542,743	-461,369	-273,388	-625,112	-1,206,512	-248,761	-424,204	-16,571	-183,120	-366,036	-40,606	-24,378	-274,486
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-466,790	-718,398	-431,160	-542,743	-461,369	-273,388	-625,112	-1,206,512	-248,761	-424,204	-16,571	-183,120	-366,036	-40,606	-24,378	-274,486
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	12,149	-141,809	300,000	0	0	-99,400	99,400	0	0	0	0	0	0	0	0	0
Other Short Term Loans	-104,095	-477,478	17,684	1,525,103	-589,833	-376,378	463,299	1,096,617	44,127	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	-82,972	222,474	177,870	-126,462	-102,972	-42,199	-51,850	135,745	-13,729	261,456	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	-61,954	-82,303	25,996	90,136	-30,975	-10,473	69,573
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	100
interest	-61,099	-112,751	-68,745	-46,790	-54,723	-75,273	-75,154	-49,239	-1,196	324	253	299	194	0	1	1
cash flow from financing	-236,017	-509,564	426,809	1,351,851	-747,528	-593,250	435,695	1,183,123	29,202	199,826	-82,050	26,295	90,330	-30,975	-10,472	69,674
cash and cash equivalents
cash	251,285	-525,707	236,442	134,238	192,794	-101,292	-23	30,267	5,729	10,899	17,431	-35,754	77,697	0	-485	485
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	251,285	-525,707	236,442	134,238	192,794	-101,292	-23	30,267	5,729	10,899	17,431	-35,754	77,697	0	-485	485

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for hermeq steel limited. Get real-time insights into hermeq steel limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for hermeq steel limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in B70 area or any other competitors across 12 key performance metrics.

HERMEQ STEEL LIMITED group structure

Hermeq Steel Limited has no subsidiary companies.

Ultimate parent company

HAWTHORN HOLDINGS LIMITED

05742309

1 parent

HERMEQ STEEL LIMITED

04072433

HERMEQ STEEL LIMITED Shareholders

hawthorn holdings limited

100%

Hermeq Steel Limited currently has 2 directors. The longest serving directors include Mr Stephen Melhuish (Sep 2000) and Mrs Kitty Kinsella (Feb 2018).

officer	country	age	start	end	role
Mr Stephen Melhuish	England	61 years	Sep 2000	-	Director
Mrs Kitty Kinsella	England	38 years	Feb 2018	-	Director

P&L

April 2024

turnover

8.8m

-53%

operating profit

28.1k

-98%

gross margin

22.8%

+3.42%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

7.3m

-0.01%

total assets

12.4m

-0.01%

cash

294k

+5.88%

net assets

Total assets minus all liabilities

Similar Companies

midland steel sections limited

1.5

spi (materials) limited

2.5

d.n.t. company limited

2.5

blyth metals limited

european tubes limited

company number

04072433

Type

Private limited with Share Capital

industry

46720 - Wholesale of metals and metal ores

incorporation date

September 2000

ultimate parent company

HAWTHORN HOLDINGS LIMITED

previous names

hawthorn trading company limited (December 2023)

address

10-11, oldbury road industrial estate, west bromwich, west midlands, B70 9DD

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 5 charges/mortgages relating to hermeq steel limited. Currently there are 3 open charges and 2 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.

Click to start generating capital raising & share issue transactions for HERMEQ STEEL LIMITED. This can take several minutes, an email will notify you when this has completed.

hermeq steel limited Company Information

hermeq steel limited Estimated Valuation

hermeq steel limited Estimated Valuation

hermeq steel limited Estimated Valuation

Hermeq Steel Limited Overview

Hermeq Steel Limited Health Check

HERMEQ STEEL LIMITED financials

hermeq steel limited Credit Report and Business Information

Hermeq Steel Limited Competitor Analysis

hermeq steel limited Ownership

hermeq steel limited directors

hermeq steel limited company details

hermeq steel limited Charges & Mortgages

hermeq steel limited Capital Raised & Share Issues BETA

hermeq steel limited Companies House Filings - See Documents