hiflux limited
hiflux limited Company Information
Company Number
04092198
Next Accounts
Jul 2025
Shareholders
peak ventures llc
niko elmaleh
View AllGroup Structure
View All
Industry
Manufacture of other fabricated metal products n.e.c.
Registered Address
suite b, blackdown house, blackbrook park avenue, taunton, somerset, TA1 2PX
Website
www.hiflux.co.ukhiflux limited Estimated Valuation
Pomanda estimates the enterprise value of HIFLUX LIMITED at £136.5k based on a Turnover of £332.3k and 0.41x industry multiple (adjusted for size and gross margin).
hiflux limited Estimated Valuation
Pomanda estimates the enterprise value of HIFLUX LIMITED at £301.6k based on an EBITDA of £93.7k and a 3.22x industry multiple (adjusted for size and gross margin).
hiflux limited Estimated Valuation
Pomanda estimates the enterprise value of HIFLUX LIMITED at £0 based on Net Assets of £-811.4k and 1.96x industry multiple (adjusted for liquidity).
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Hiflux Limited Overview
Hiflux Limited is a live company located in taunton, TA1 2PX with a Companies House number of 04092198. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in October 2000, it's largest shareholder is peak ventures llc with a 40.9% stake. Hiflux Limited is a mature, micro sized company, Pomanda has estimated its turnover at £332.3k with high growth in recent years.
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Hiflux Limited Health Check
Pomanda's financial health check has awarded Hiflux Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £332.3k, make it smaller than the average company (£13.2m)
- Hiflux Limited
£13.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (5.8%)
- Hiflux Limited
5.8% - Industry AVG
Production
with a gross margin of 20.3%, this company has a higher cost of product (28.8%)
- Hiflux Limited
28.8% - Industry AVG
Profitability
an operating margin of 25.2% make it more profitable than the average company (5.8%)
- Hiflux Limited
5.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (78)
5 - Hiflux Limited
78 - Industry AVG
Pay Structure
on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)
- Hiflux Limited
£39.6k - Industry AVG
Efficiency
resulting in sales per employee of £66.5k, this is less efficient (£151.9k)
- Hiflux Limited
£151.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hiflux Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Hiflux Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 34 days, this is less than average (71 days)
- Hiflux Limited
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1298 weeks, this is more cash available to meet short term requirements (14 weeks)
1298 weeks - Hiflux Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 276.7%, this is a higher level of debt than the average (47.7%)
276.7% - Hiflux Limited
47.7% - Industry AVG
HIFLUX LIMITED financials
Hiflux Limited's latest turnover from October 2023 is estimated at £332.3 thousand and the company has net assets of -£811.4 thousand. According to their latest financial statements, Hiflux Limited has 5 employees and maintains cash reserves of £255 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 39,200 | 49,452 | 46,640 | 59,450 | 38,741 | 82,665 | 27,773 | 35,348 | 12,062 | 5,459 | |||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -292,957 | -216,211 | -494,931 | -421,131 | -582,533 | -579,646 | -616,122 | -721,138 | -621,621 | -623,937 | |||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 1 | 1 | 23 | 11 | 12 | 157 | 587 | 182 | 2,002 | ||||||
| Pre-Tax Profit | -292,956 | -216,210 | -494,908 | -421,120 | -582,533 | -579,634 | -615,965 | -720,551 | -621,439 | -621,935 | |||||
| Tax | 30,860 | 30,758 | 37,206 | 41,190 | 56,989 | 42,481 | 55,512 | 86,822 | 73,506 | 84,429 | |||||
| Profit After Tax | -262,096 | -185,452 | -457,702 | -379,930 | -525,544 | -537,153 | -560,453 | -633,729 | -547,933 | -537,506 | |||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -262,096 | -185,452 | -457,702 | -379,930 | -525,544 | -537,153 | -560,453 | -633,729 | -547,933 | -537,506 | |||||
| Employee Costs | 269,415 | 264,568 | 263,957 | 285,887 | 373,774 | 392,294 | 401,121 | 331,797 | 276,944 | 338,699 | |||||
| Number Of Employees | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 7 | 9 | 9 | 9 | 8 | 7 | 9 |
| EBITDA* | -282,842 | -205,778 | -481,055 | -403,409 | -559,735 | -545,432 | -569,801 | -600,898 | -506,713 | -520,274 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,362 | 2,070 | 4,717 | 7,855 | 89,802 | 969 | 1,137 | 738 | 5,261 | 12,717 | 14,315 | 28,398 | 58,103 | 79,354 | 82,017 |
| Intangible Assets | 51,894 | 60,502 | 69,584 | 80,114 | 98,794 | 106,671 | 112,090 | 120,714 | 121,313 | 112,503 | 102,014 | 79,692 | 112,749 | 170,916 | |
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 53,256 | 62,572 | 74,301 | 87,969 | 89,802 | 99,763 | 107,808 | 112,828 | 125,975 | 134,030 | 126,818 | 130,412 | 137,795 | 192,103 | 252,933 |
| Stock & work in progress | 25,391 | 86,255 | 17,942 | 57,625 | 19,119 | 23,386 | 25,277 | 34,377 | 38,731 | 38,126 | 28,698 | ||||
| Trade Debtors | 181,239 | 147 | 126 | 4,893 | 10,741 | 246 | 4,402 | 7,345 | |||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 125,176 | 20,924 | 50,018 | 51,578 | 75,230 | 78,960 | 85,580 | 87,761 | 115,975 | 107,708 | 99,004 | 139,639 | 129,657 | 157,474 | |
| Cash | 254,972 | 124,451 | 109,361 | 353,556 | 100,887 | 159,632 | 68,632 | 291,206 | 96,336 | 128,625 | 178,207 | 477,564 | 75,898 | 281,507 | |
| misc current assets | 308 | ||||||||||||||
| total current assets | 405,847 | 231,630 | 177,321 | 462,759 | 181,239 | 195,236 | 261,978 | 179,636 | 413,470 | 251,042 | 279,352 | 316,650 | 617,449 | 209,957 | 446,326 |
| total assets | 459,103 | 294,202 | 251,622 | 550,728 | 271,041 | 294,999 | 369,786 | 292,464 | 539,445 | 385,072 | 406,170 | 447,062 | 755,244 | 402,060 | 699,259 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 174 | 5,839 | 1,268 | 872,465 | 4,661 | 12,092 | 10,726 | 2,135 | 24,345 | 33,286 | 42,013 | 53,032 | 73,419 | 156,756 | |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 1,010,300 | 660,300 | 365,300 | 205,300 | 1,525,347 | 758,597 | |||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 10,213 | 61,067 | 17,230 | 18,427 | 11,425 | 11,685 | 10,277 | 13,447 | 12,448 | 16,011 | 14,398 | 14,483 | 25,026 | 26,961 | |
| total current liabilities | 10,213 | 61,241 | 23,069 | 1,029,995 | 872,465 | 676,386 | 389,077 | 226,303 | 15,582 | 36,793 | 1,574,644 | 56,411 | 826,112 | 98,445 | 183,717 |
| loans | 1,260,300 | 1,010,300 | 1,010,300 | 100,000 | 1,021,972 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 1,260,300 | 1,010,300 | 1,010,300 | 100,000 | 1,021,972 | ||||||||||
| total liabilities | 1,270,513 | 1,071,541 | 1,033,369 | 1,029,995 | 872,465 | 676,386 | 489,077 | 226,303 | 15,582 | 36,793 | 1,574,644 | 1,078,383 | 826,112 | 98,445 | 183,717 |
| net assets | -811,410 | -777,339 | -781,747 | -479,267 | -601,424 | -381,387 | -119,291 | 66,161 | 523,863 | 348,279 | -1,168,474 | -631,321 | -70,868 | 303,615 | 515,542 |
| total shareholders funds | -811,410 | -777,339 | -781,747 | -479,267 | -601,424 | -381,387 | -119,291 | 66,161 | 523,863 | 348,279 | -1,168,474 | -631,321 | -70,868 | 303,615 | 515,542 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -292,957 | -216,211 | -494,931 | -421,131 | -582,533 | -579,646 | -616,122 | -721,138 | -621,621 | -623,937 | |||||
| Depreciation | 1,400 | 4,572 | 4,098 | 775 | 10,433 | 13,876 | 17,722 | 14,155 | 26,384 | 39,407 | 114,788 | 109,376 | 103,663 | ||
| Amortisation | 8,608 | 9,082 | 10,530 | 9,340 | 8,643 | 7,830 | 6,914 | 5,452 | 5,532 | ||||||
| Tax | 30,860 | 30,758 | 37,206 | 41,190 | 56,989 | 42,481 | 55,512 | 86,822 | 73,506 | 84,429 | |||||
| Stock | -60,864 | 68,313 | -39,683 | 57,625 | -19,119 | -4,267 | -1,891 | -9,100 | -4,354 | 605 | 9,428 | 28,698 | |||
| Debtors | 104,252 | -29,094 | -1,560 | -129,661 | 106,009 | -3,730 | -6,767 | -2,160 | -28,088 | 3,374 | 2,856 | -30,140 | 5,826 | -30,760 | 164,819 |
| Creditors | -174 | -5,665 | 4,571 | -871,197 | 867,804 | -7,431 | 1,366 | 8,591 | -22,210 | -8,941 | -8,727 | -11,019 | -20,387 | -83,337 | 156,756 |
| Accruals and Deferred Income | -50,854 | 43,837 | -1,197 | 18,427 | -11,425 | -260 | 1,408 | -3,170 | 999 | -3,563 | 1,613 | -85 | -10,543 | -1,935 | 26,961 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -251,676 | -163,588 | -427,168 | -350,988 | -519,229 | -522,349 | -523,951 | -550,832 | -487,719 | -416,947 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -1,010,300 | 1,010,300 | -660,300 | 295,000 | 160,000 | 205,300 | -1,525,347 | 1,525,347 | -758,597 | 758,597 | |||||
| Long term loans | 250,000 | 1,010,300 | -100,000 | 100,000 | -1,021,972 | 1,021,972 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 1 | 1 | 23 | 11 | 12 | 157 | 587 | 182 | 2,002 | ||||||
| cash flow from financing | 195,001 | 260,001 | 205,323 | 555,525 | 516,950 | 503,387 | 263,532 | 1,018,430 | 336,188 | 1,055,050 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | 130,521 | 15,090 | -244,195 | 353,556 | -100,887 | -58,745 | 91,000 | -222,574 | 194,870 | -32,289 | -49,582 | -299,357 | 401,666 | -205,609 | 281,507 |
| overdraft | |||||||||||||||
| change in cash | 130,521 | 15,090 | -244,195 | 353,556 | -100,887 | -58,745 | 91,000 | -222,574 | 194,870 | -32,289 | -49,582 | -299,357 | 401,666 | -205,609 | 281,507 |
hiflux limited Credit Report and Business Information
Hiflux Limited Competitor Analysis
Perform a competitor analysis for hiflux limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in TA1 area or any other competitors across 12 key performance metrics.
hiflux limited Ownership
HIFLUX LIMITED group structure
Hiflux Limited has no subsidiary companies.
Ultimate parent company
HIFLUX LIMITED
04092198
hiflux limited directors
Hiflux Limited currently has 4 directors. The longest serving directors include Ms Christine Besant-Tempest (Dec 2000) and Dr David Barnes (Feb 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Christine Besant-Tempest | 62 years | Dec 2000 | - | Director | |
| Dr David Barnes | United Kingdom | 49 years | Feb 2011 | - | Director |
| Dr Brian Count | 74 years | Apr 2014 | - | Director | |
| Mr Andrew Vnukov | 36 years | Sep 2020 | - | Director |
P&L
October 2023turnover
332.3k
+43%
operating profit
83.7k
0%
gross margin
20.3%
-2.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-811.4k
+0.04%
total assets
459.1k
+0.56%
cash
255k
+1.05%
net assets
Total assets minus all liabilities
hiflux limited company details
company number
04092198
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
October 2000
age
25
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
October 2023
previous names
hiflux plc (December 2002)
hiflux he-tex limited (February 2001)
accountant
-
auditor
-
address
suite b, blackdown house, blackbrook park avenue, taunton, somerset, TA1 2PX
Bank
-
Legal Advisor
-
hiflux 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 9 charges/mortgages relating to hiflux limited. Currently there are 8 open charges and 1 have been satisfied in the past.
hiflux 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.
Click to start generating capital raising & share issue transactions for HIFLUX LIMITED. This can take several minutes, an email will notify you when this has completed.
hiflux limited Companies House Filings - See Documents
| date | description | view/download |
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