hgst europe, ltd.
hgst europe, ltd. Company Information
Company Number
04567486
Next Accounts
Feb 2025
Shareholders
sandisk 3d ip holdings ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
+1Registered Address
link company matters limited, 6th floor, london, EC2V 7NQ
Website
www.hgst.comhgst europe, ltd. Estimated Valuation
Pomanda estimates the enterprise value of HGST EUROPE, LTD. at £4.2m based on a Turnover of £7m and 0.61x industry multiple (adjusted for size and gross margin).
hgst europe, ltd. Estimated Valuation
Pomanda estimates the enterprise value of HGST EUROPE, LTD. at £1.8m based on an EBITDA of £420k and a 4.39x industry multiple (adjusted for size and gross margin).
hgst europe, ltd. Estimated Valuation
Pomanda estimates the enterprise value of HGST EUROPE, LTD. at £11.3b based on Net Assets of £5b and 2.28x industry multiple (adjusted for liquidity).
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Hgst Europe, Ltd. Overview
Hgst Europe, Ltd. is a dissolved company that was located in london, EC2V 7NQ with a Companies House number of 04567486. It operated in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in October 2002, it's largest shareholder was sandisk 3d ip holdings ltd with a 100% stake. The last turnover for Hgst Europe, Ltd. was estimated at £7m.
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Hgst Europe, Ltd. Health Check
Pomanda's financial health check has awarded Hgst Europe, Ltd. a 4.5 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 £7m, make it larger than the average company (£2.9m)
£7m - Hgst Europe, Ltd.
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (1.4%)
-24% - Hgst Europe, Ltd.
1.4% - Industry AVG
Production
with a gross margin of 34.4%, this company has a comparable cost of product (40%)
34.4% - Hgst Europe, Ltd.
40% - Industry AVG
Profitability
an operating margin of 5.5% make it as profitable than the average company (5.1%)
5.5% - Hgst Europe, Ltd.
5.1% - Industry AVG
Employees
with 17 employees, this is below the industry average (23)
17 - Hgst Europe, Ltd.
23 - Industry AVG
Pay Structure
on an average salary of £256.5k, the company has a higher pay structure (£48.8k)
£256.5k - Hgst Europe, Ltd.
£48.8k - Industry AVG
Efficiency
resulting in sales per employee of £411.6k, this is more efficient (£131.2k)
£411.6k - Hgst Europe, Ltd.
£131.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hgst Europe, Ltd.
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
0 days - Hgst Europe, Ltd.
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hgst Europe, Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 453 weeks, this is more cash available to meet short term requirements (27 weeks)
453 weeks - Hgst Europe, Ltd.
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0%, this is a lower level of debt than the average (60.1%)
0% - Hgst Europe, Ltd.
60.1% - Industry AVG
HGST EUROPE, LTD. financials
Hgst Europe, Ltd.'s latest turnover from December 2021 is £7 million and the company has net assets of £5 billion. According to their latest financial statements, Hgst Europe, Ltd. has 17 employees and maintains cash reserves of £3.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Jul 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,997,000 | 9,125,000 | 16,366,000 | 16,071,000 | 13,013,000 | 13,599,000 | 13,791,000 | 12,545,000 | 17,909,000 | 12,003,000 | 10,727,000 | 9,052,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,589,000 | 5,606,000 | 9,887,000 | 9,722,000 | 8,595,000 | 9,939,000 | 9,044,000 | 7,716,000 | 10,518,000 | 7,862,000 | 7,367,000 | 6,591,000 |
| Gross Profit | 2,408,000 | 3,519,000 | 6,479,000 | 6,349,000 | 4,418,000 | 3,660,000 | 4,747,000 | 4,829,000 | 7,391,000 | 4,141,000 | 3,360,000 | 2,461,000 |
| Admin Expenses | 2,022,000 | 2,730,000 | 5,375,000 | 5,398,000 | 3,580,000 | 2,155,000 | 4,140,000 | 4,643,000 | 6,567,000 | 3,029,000 | 3,091,000 | 2,972,000 |
| Operating Profit | 386,000 | 789,000 | 1,104,000 | 951,000 | 838,000 | 1,505,000 | 607,000 | 186,000 | 824,000 | 1,112,000 | 269,000 | -511,000 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 21,000 | 4,000 | 24,000 | 17,000 | 18,000 | 22,000 |
| Interest Receivable | 0 | 1,639,405,000 | 979,225,000 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 1,000 | |
| Pre-Tax Profit | 1,451,933,000 | 1,640,194,000 | 980,329,000 | 926,317,000 | 838,000 | 1,507,000 | 586,000 | 182,000 | 800,000 | 1,054,000 | 196,000 | -590,000 |
| Tax | 698,000 | -472,000 | -168,000 | -206,000 | -185,000 | -504,000 | -199,000 | -125,000 | -221,000 | 682,000 | -48,000 | 108,000 |
| Profit After Tax | 1,452,631,000 | 1,639,722,000 | 980,161,000 | 926,111,000 | 653,000 | 1,003,000 | 387,000 | 57,000 | 579,000 | 1,736,000 | 148,000 | -482,000 |
| Dividends Paid | 1,451,834,000 | 1,643,474,000 | 979,225,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 797,000 | -3,752,000 | 936,000 | 926,111,000 | 653,000 | 1,003,000 | 387,000 | 57,000 | 579,000 | 1,736,000 | 148,000 | -482,000 |
| Employee Costs | 4,361,000 | 5,660,000 | 9,938,000 | 8,578,000 | 6,855,000 | 7,434,000 | 8,020,000 | 7,457,000 | 10,215,000 | 7,181,000 | 6,044,000 | 5,568,000 |
| Number Of Employees | 17 | 39 | 70 | 66 | 62 | 72 | 75 | 77 | 65 | 66 | 64 | 61 |
| EBITDA* | 420,000 | 813,000 | 1,123,000 | 958,000 | 856,000 | 1,526,000 | 630,000 | 224,000 | 933,000 | 1,191,000 | 340,000 | -425,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Jul 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 35,000 | 59,000 | 617,662,000 | 13,000 | 31,000 | 52,000 | 31,000 | 49,000 | 153,000 | 169,000 | 148,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,965,088,000 | 4,038,389,000 | 3,347,513,000 | 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 |
| Total Fixed Assets | 4,965,088,000 | 4,038,424,000 | 3,347,572,000 | 617,662,000 | 13,000 | 31,000 | 52,000 | 31,000 | 49,000 | 153,000 | 169,000 | 148,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 830,000 | 954,000 | 4,414,000 | 0 | 2,907,000 | 4,237,000 | 3,611,000 | 3,729,000 | 4,307,000 | 375,000 | 2,525,000 | 3,687,000 |
| Misc Debtors | 994,000 | 346,000 | 482,000 | 0 | 417,000 | 583,000 | 924,000 | 946,000 | 1,107,000 | 1,087,000 | 564,000 | 459,000 |
| Cash | 3,596,000 | 3,741,000 | 5,646,000 | 4,511,000 | 4,894,000 | 2,751,000 | 1,712,000 | 1,577,000 | 677,000 | 261,000 | 625,000 | 37,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,420,000 | 5,041,000 | 10,542,000 | 9,188,000 | 8,218,000 | 7,571,000 | 6,247,000 | 6,252,000 | 6,091,000 | 1,723,000 | 3,714,000 | 4,183,000 |
| total assets | 4,970,508,000 | 4,043,465,000 | 3,358,114,000 | 626,850,000 | 8,231,000 | 7,602,000 | 6,299,000 | 6,283,000 | 6,140,000 | 1,876,000 | 3,883,000 | 4,331,000 |
| Bank overdraft | 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 |
| Trade Creditors | 1,000 | 5,000 | 86,000 | 276,000 | 164,000 | 269,000 | 257,000 | 354,000 | 380,000 | 268,000 | 466,000 | 346,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 411,000 | 954,000 | 2,646,000 | 0 | 1,880,000 | 1,799,000 | 1,509,000 | 1,785,000 | 1,673,000 | 1,527,000 | 916,000 | 1,632,000 |
| total current liabilities | 412,000 | 959,000 | 2,732,000 | 2,262,000 | 2,044,000 | 2,068,000 | 1,768,000 | 2,139,000 | 2,053,000 | 1,795,000 | 1,382,000 | 1,978,000 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 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 | 1,517,000 | 1,494,000 |
| total liabilities | 412,000 | 959,000 | 2,732,000 | 2,262,000 | 2,044,000 | 2,068,000 | 1,768,000 | 2,139,000 | 2,053,000 | 1,795,000 | 2,899,000 | 3,472,000 |
| net assets | 4,970,096,000 | 4,042,506,000 | 3,355,382,000 | 624,588,000 | 6,187,000 | 5,534,000 | 4,531,000 | 4,144,000 | 4,087,000 | 81,000 | 984,000 | 859,000 |
| total shareholders funds | 4,970,096,000 | 4,042,506,000 | 3,355,382,000 | 624,588,000 | 6,187,000 | 5,534,000 | 4,531,000 | 4,144,000 | 4,087,000 | 81,000 | 984,000 | 859,000 |
| Dec 2021 | Jul 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 386,000 | 789,000 | 1,104,000 | 951,000 | 838,000 | 1,505,000 | 607,000 | 186,000 | 824,000 | 1,112,000 | 269,000 | -511,000 |
| Depreciation | 34,000 | 24,000 | 19,000 | 7,000 | 18,000 | 21,000 | 23,000 | 38,000 | 109,000 | 79,000 | 71,000 | 86,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 698,000 | -472,000 | -168,000 | -206,000 | -185,000 | -504,000 | -199,000 | -125,000 | -221,000 | 682,000 | -48,000 | 108,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 524,000 | -3,596,000 | 4,896,000 | -3,324,000 | -1,496,000 | 285,000 | -140,000 | -739,000 | 5,414,000 | -1,627,000 | -1,057,000 | 4,146,000 |
| Creditors | -4,000 | -81,000 | -190,000 | 112,000 | -105,000 | 12,000 | -97,000 | -26,000 | 380,000 | -198,000 | 120,000 | 346,000 |
| Accruals and Deferred Income | -543,000 | -1,692,000 | 2,646,000 | -1,880,000 | 81,000 | 290,000 | -276,000 | 112,000 | 1,673,000 | 611,000 | -716,000 | 1,632,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 47,000 | 2,164,000 | -1,485,000 | 2,143,000 | 1,039,000 | 198,000 | 924,000 | -2,649,000 | 3,913,000 | 753,000 | -2,485,000 | |
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 926,699,000 | 690,876,000 | 3,347,513,000 | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -2,000 | 2,000 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||
| interest | 0 | 1,639,405,000 | 979,225,000 | 0 | 2,000 | -21,000 | -4,000 | -24,000 | -17,000 | -18,000 | -21,000 | |
| cash flow from financing | 926,793,000 | 2,330,281,000 | 3,709,083,000 | 0 | 0 | -19,000 | -4,000 | 3,484,000 | -2,656,000 | -41,000 | 1,320,000 | |
| cash and cash equivalents | ||||||||||||
| cash | -145,000 | -1,905,000 | 1,135,000 | -383,000 | 2,143,000 | 1,039,000 | 135,000 | 900,000 | 677,000 | -364,000 | 588,000 | 37,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -145,000 | -1,905,000 | 1,135,000 | -383,000 | 2,143,000 | 1,039,000 | 135,000 | 900,000 | 677,000 | -364,000 | 588,000 | 37,000 |
hgst europe, ltd. Credit Report and Business Information
Hgst Europe, Ltd. Competitor Analysis
Perform a competitor analysis for hgst europe, ltd. by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in EC2V area or any other competitors across 12 key performance metrics.
hgst europe, ltd. Ownership
HGST EUROPE, LTD. group structure
Hgst Europe, Ltd. has no subsidiary companies.
Ultimate parent company
SANDISK 3D IP HOLDINGS LTD
#0161819
1 parent
HGST EUROPE, LTD.
04567486
hgst europe, ltd. directors
Hgst Europe, Ltd. currently has 2 directors. The longest serving directors include Mr Nigel Edwards (Mar 2013) and Mr Graham Holmes (May 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Edwards | United Kingdom | 54 years | Mar 2013 | - | Director |
| Mr Graham Holmes | United Kingdom | 57 years | May 2016 | - | Director |
P&L
December 2021turnover
7m
-23%
operating profit
386k
-51%
gross margin
34.5%
-10.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
5b
+0.23%
total assets
5b
+0.23%
cash
3.6m
-0.04%
net assets
Total assets minus all liabilities
hgst europe, ltd. company details
company number
04567486
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
October 2002
age
23
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2021
previous names
hitachi global storage technologies europe limited (April 2012)
mariana global storage technologies europe limited (January 2003)
accountant
-
auditor
KPMG
address
link company matters limited, 6th floor, london, EC2V 7NQ
Bank
HSBC BANK PLC
Legal Advisor
-
hgst europe, ltd. 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 3 charges/mortgages relating to hgst europe, ltd.. Currently there are 0 open charges and 3 have been satisfied in the past.
hgst europe, ltd. 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 HGST EUROPE, LTD.. This can take several minutes, an email will notify you when this has completed.
hgst europe, ltd. Companies House Filings - See Documents
| date | description | view/download |
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