Manchester Hydraulics Limited

POWER SEARCH PRICING

SOLUTIONS

manchester hydraulics limited Company Information

Live

MatureSmallHealthy

Company Number

04205243

Next Accounts

64 days late

Industry

Repair of machinery

Directors

Mark Barnes

Mark Brown

Shareholders

ajb hydraulics limited

Group Structure

View All

Contact

Registered Address

unit 33 westbrook road, trafford park, manchester, M17 1AY

Website

http://pirtek.co.uk

manchester hydraulics limited Estimated Valuation

£507.6k

Pomanda estimates the enterprise value of MANCHESTER HYDRAULICS LIMITED at £507.6k based on a Turnover of £1.3m and 0.38x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Manchester Hydraulics Limited is a live company located in manchester, M17 1AY with a Companies House number of 04205243. It operates in the repair of machinery sector, SIC Code 33120. Founded in April 2001, it's largest shareholder is ajb hydraulics limited with a 100% stake. Manchester Hydraulics Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Manchester Hydraulics Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

3 Strong

1 Regular

8 Weak

Size

annual sales of £1.3m, make it smaller than the average company (£5.8m)

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (3.6%)

EXPORT

Manchester Hydraulics Limited's latest turnover from December 2022 is estimated at £1.3 million and the company has net assets of -£31.7 thousand. According to their latest financial statements, Manchester Hydraulics Limited has 11 employees and maintains cash reserves of £17.2 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	1,329,699	1,206,096	1,109,381	1,083,027	1,106,336	1,054,438	944,052	922,113	1,039,714	978,382	930,107	837,539	758,358	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,098,203	991,070	927,114	880,225	898,822	855,503	752,450	755,442	864,955	798,082	747,752	667,790	584,169	0
Gross Profit	231,496	215,026	182,268	202,802	207,513	198,935	191,602	166,671	174,758	180,301	182,355	169,749	174,189	0
Admin Expenses	272,497	205,928	197,820	222,087	236,781	215,166	289,669	-8,790	167,909	178,688	193,093	171,533	174,961	-20,761
Operating Profit	-41,001	9,098	-15,552	-19,285	-29,268	-16,231	-98,067	175,461	6,849	1,613	-10,738	-1,784	-772	20,761
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	847	75	22	111	119	153	122	137	13	12	27	39	22	9
Pre-Tax Profit	-40,154	9,173	-15,530	-19,174	-29,149	-16,078	-97,945	175,598	6,862	1,625	-10,711	-1,745	-750	20,769
Tax	0	-1,743	0	0	0	0	0	-35,119	-1,441	-374	0	0	0	-5,815
Profit After Tax	-40,154	7,430	-15,530	-19,174	-29,149	-16,078	-97,945	140,478	5,421	1,251	-10,711	-1,745	-750	14,954
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-40,154	7,430	-15,530	-19,174	-29,149	-16,078	-97,945	140,478	5,421	1,251	-10,711	-1,745	-750	14,954
Employee Costs	480,293	459,360	456,939	484,458	475,201	458,270	423,141	114,381	113,962	112,500	110,988	108,105	102,314	0
Number Of Employees	11	11	11	11	11	11	11	3	3	3	3	3	3	0
EBITDA*	-24,664	22,811	8,580	21,645	7,145	32,259	-47,607	211,824	26,592	28,363	13,868	20,373	36,434	57,207

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	60,471	76,203	74,174	36,488	69,520	105,933	137,591	154,096	32,168	44,911	64,959	40,902	56,737	75,683
Intangible Assets	0	0	0	5,351	12,551	19,751	26,951	37,917	44,917	51,917	58,917	65,917	72,917	79,917
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	60,471	76,203	74,174	41,839	82,071	125,684	164,542	192,013	77,085	96,828	123,876	106,819	129,654	155,600
Stock & work in progress	90,990	93,990	77,644	80,340	107,701	99,822	92,637	86,338	93,515	95,255	85,867	86,043	79,025	82,704
Trade Debtors	387,916	373,137	334,835	342,903	367,699	314,861	268,113	254,527	268,544	237,120	221,472	213,032	199,399	163,344
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	17,205	31,195	29,072	14,596	15,024	16,730	44,320	53,428	1,252	4,102	565	10,389	5,173	3,446
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	496,111	498,322	441,551	437,839	490,424	431,413	405,070	394,293	363,311	336,477	307,904	309,464	283,597	249,494
total assets	556,582	574,525	515,725	479,678	572,495	557,097	569,612	586,306	440,396	433,305	431,780	416,283	413,251	405,094
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	492,792	425,838	389,239	373,064	395,979	410,125	363,633	343,751	381,515	363,383	347,344	359,476	335,833	293,183
Group/Directors Accounts	0	0	0	0	0	0	26,331	26,331	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	492,792	425,838	389,239	373,064	395,979	410,125	389,964	370,082	381,515	363,383	347,344	359,476	335,833	293,183
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	84,003	124,265	119,454	83,129	0	61,705	71,177	10,165	18,488	33,381	47,371	12,132	28,074	60,477
provisions	11,489	15,970	6,010	6,933	0	20,392	27,518	27,161	1,973	3,542	5,317	2,216	5,140	6,480
total long term liabilities	95,492	140,235	125,464	90,062	140,790	82,097	98,695	37,326	20,461	36,923	52,688	14,348	33,214	66,957
total liabilities	588,284	566,073	514,703	463,126	536,769	492,222	488,659	407,408	401,976	400,306	400,032	373,824	369,047	360,140
net assets	-31,702	8,452	1,022	16,552	35,726	64,875	80,953	178,898	38,420	32,999	31,748	42,459	44,204	44,954
total shareholders funds	-31,702	8,452	1,022	16,552	35,726	64,875	80,953	178,898	38,420	32,999	31,748	42,459	44,204	44,954

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	-41,001	9,098	-15,552	-19,285	-29,268	-16,231	-98,067	175,461	6,849	1,613	-10,738	-1,784	-772	20,761
Depreciation	16,337	13,713	18,781	33,730	36,413	41,290	41,477	29,363	12,743	19,750	17,606	15,157	30,206	29,446
Amortisation	0	0	5,351	7,200	0	7,200	8,983	7,000	7,000	7,000	7,000	7,000	7,000	7,000
Tax	0	-1,743	0	0	0	0	0	-35,119	-1,441	-374	0	0	0	-5,815
Stock	-3,000	16,346	-2,696	-27,361	7,879	7,185	6,299	-7,177	-1,740	9,388	-176	7,018	-3,679	82,704
Debtors	14,779	38,302	-8,068	-24,796	52,838	46,748	13,586	-14,017	31,424	15,648	8,440	13,633	36,055	163,344
Creditors	66,954	36,599	16,175	-22,915	-14,146	46,492	19,882	-37,764	18,132	16,039	-12,132	23,643	42,650	293,183
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	-4,481	9,960	-923	6,933	-20,392	-7,126	357	25,188	-1,569	-1,775	3,101	-2,924	-1,340	6,480
Cash flow from operations	26,030	12,979	34,596	57,820	-88,110	17,692	-47,253	185,323	12,030	17,217	-3,427	20,441	45,368	105,007
Investing Activities
capital expenditure	-605	-15,742	-56,467	-698	7,200	-9,632	-22,989	-151,291	0	298	-41,663	678	-11,260	-192,046
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-605	-15,742	-56,467	-698	7,200	-9,632	-22,989	-151,291	0	298	-41,663	678	-11,260	-192,046
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	-26,331	0	26,331	0	0	0	0	0	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	-40,262	4,811	36,325	83,129	-61,705	-9,472	61,012	-8,323	-14,893	-13,990	35,239	-15,942	-32,403	60,477
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	30,000
interest	847	75	22	111	119	153	122	137	13	12	27	39	22	9
cash flow from financing	-39,415	4,886	36,347	83,240	-61,586	-35,650	61,134	18,145	-14,880	-13,978	35,266	-15,903	-32,381	90,486
cash and cash equivalents
cash	-13,990	2,123	14,476	-428	-1,706	-27,590	-9,108	52,176	-2,850	3,537	-9,824	5,216	1,727	3,446
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-13,990	2,123	14,476	-428	-1,706	-27,590	-9,108	52,176	-2,850	3,537	-9,824	5,216	1,727	3,446

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for manchester hydraulics limited. Get real-time insights into manchester hydraulics 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 manchester hydraulics limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in M17 area or any other competitors across 12 key performance metrics.

MANCHESTER HYDRAULICS LIMITED group structure

Manchester Hydraulics Limited has no subsidiary companies.

Ultimate parent company

MANCHESTER HYDRAULICS LIMITED

04205243

MANCHESTER HYDRAULICS LIMITED Shareholders

ajb hydraulics limited

100%

Manchester Hydraulics Limited currently has 2 directors. The longest serving directors include Mr Mark Barnes (Apr 2001) and Mr Mark Brown (Nov 2021).

officer	country	age	start	end	role
Mr Mark Barnes	United Kingdom	59 years	Apr 2001	-	Director
Mr Mark Brown		41 years	Nov 2021	-	Director

P&L

December 2022

turnover

1.3m

+10%

operating profit

-41k

gross margin

17.5%

-2.35%

turnover

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

Balance Sheet

December 2022

net assets

-31.7k

-4.75%

total assets

556.6k

-0.03%

cash

17.2k

-0.45%

net assets

Total assets minus all liabilities

Similar Companies

electric melting services company limited

4.5

boundary plant hire limited

dragon hydraulics (north wales) limited

toffs sliding doors ltd

cheshire commercials limited

company number

04205243

Type

Private limited with Share Capital

industry

33120 - Repair of machinery

incorporation date

April 2001

ultimate parent company

None

previous names

N/A

address

unit 33 westbrook road, trafford park, manchester, M17 1AY

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 3 charges/mortgages relating to manchester hydraulics limited. Currently there are 3 open charges and 0 have been satisfied in the past.

manchester hydraulics limited Company Information

manchester hydraulics limited Estimated Valuation

manchester hydraulics limited Estimated Valuation

manchester hydraulics limited Estimated Valuation

Manchester Hydraulics Limited Overview

Manchester Hydraulics Limited Health Check

MANCHESTER HYDRAULICS LIMITED financials

manchester hydraulics limited Credit Report and Business Information

Manchester Hydraulics Limited Competitor Analysis

manchester hydraulics limited Ownership

manchester hydraulics limited directors

manchester hydraulics limited company details

manchester hydraulics limited Charges & Mortgages

manchester hydraulics limited Companies House Filings - See Documents