force hydraulics limited
force hydraulics limited Company Information
Company Number
04615546
Website
forcehydraulics.co.ukRegistered Address
inducta house fryers road, bloxwich, walsall, west midlands, WS2 7LZ
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
craig richard moore 99.8%
elizabeth marie kenny 0.2%
force hydraulics limited Estimated Valuation
Pomanda estimates the enterprise value of FORCE HYDRAULICS LIMITED at £128.9k based on a Turnover of £316.3k and 0.41x industry multiple (adjusted for size and gross margin).
force hydraulics limited Estimated Valuation
Pomanda estimates the enterprise value of FORCE HYDRAULICS LIMITED at £0 based on an EBITDA of £-92.1k and a 3.12x industry multiple (adjusted for size and gross margin).
force hydraulics limited Estimated Valuation
Pomanda estimates the enterprise value of FORCE HYDRAULICS LIMITED at £32.8k based on Net Assets of £12.8k and 2.57x industry multiple (adjusted for liquidity).
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Force Hydraulics Limited Overview
Force Hydraulics Limited is a dissolved company that was located in walsall, WS2 7LZ with a Companies House number of 04615546. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2002, it's largest shareholder was craig richard moore with a 99.8% stake. The last turnover for Force Hydraulics Limited was estimated at £316.3k.
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Force Hydraulics Limited Health Check
Pomanda's financial health check has awarded Force Hydraulics Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
9 Weak
Size
annual sales of £316.3k, make it smaller than the average company (£2m)
- Force Hydraulics Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (4.1%)
- Force Hydraulics Limited
4.1% - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (38.1%)
- Force Hydraulics Limited
38.1% - Industry AVG
Profitability
an operating margin of -31.7% make it less profitable than the average company (6.4%)
- Force Hydraulics Limited
6.4% - Industry AVG
Employees
with 9 employees, this is below the industry average (22)
9 - Force Hydraulics Limited
22 - Industry AVG
Pay Structure
on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)
- Force Hydraulics Limited
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £35.1k, this is less efficient (£142.1k)
- Force Hydraulics Limited
£142.1k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (44 days)
- Force Hydraulics Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (33 days)
- Force Hydraulics Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (29 days)
- Force Hydraulics Limited
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - Force Hydraulics Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.4%, this is a higher level of debt than the average (68.7%)
81.4% - Force Hydraulics Limited
68.7% - Industry AVG
FORCE HYDRAULICS LIMITED financials
Force Hydraulics Limited's latest turnover from December 2016 is estimated at £316.3 thousand and the company has net assets of £12.8 thousand. According to their latest financial statements, Force Hydraulics Limited has 9 employees and maintains cash reserves of £332 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 9 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,540 | 13,739 | 22,115 | 20,737 | 23,246 | 15,531 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,540 | 13,739 | 22,115 | 20,737 | 23,246 | 15,531 | 0 | 0 |
| Stock & work in progress | 1,841 | 1,969 | 2,508 | 2,966 | 3,050 | 5,900 | 0 | 0 |
| Trade Debtors | 56,761 | 108,050 | 97,864 | 89,934 | 81,185 | 65,155 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,184 | 26,906 | 17,083 | 0 | 0 | 0 | 0 | 0 |
| Cash | 332 | 53,821 | 56,376 | 58,086 | 38,551 | 380 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 63,118 | 190,746 | 173,831 | 150,986 | 122,786 | 71,435 | 0 | 0 |
| total assets | 68,658 | 204,485 | 195,946 | 171,723 | 146,032 | 86,966 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 54,987 | 89,470 | 86,413 | 74,632 | 70,019 | 50,247 | 0 | 0 |
| Group/Directors Accounts | 370 | 0 | 0 | 7,778 | 9,601 | 18,479 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 55,357 | 89,470 | 86,413 | 82,410 | 79,620 | 68,726 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 506 | 2,014 | 3,528 | 3,056 | 3,118 | 800 | 0 | 0 |
| total long term liabilities | 506 | 2,014 | 3,528 | 3,056 | 3,118 | 800 | 0 | 0 |
| total liabilities | 55,863 | 91,484 | 89,941 | 85,466 | 82,738 | 69,526 | 0 | 0 |
| net assets | 12,795 | 113,001 | 106,005 | 86,257 | 63,294 | 17,440 | 0 | 0 |
| total shareholders funds | 12,795 | 113,001 | 106,005 | 86,257 | 63,294 | 17,440 | 0 | 0 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 8,199 | 8,376 | 9,722 | 8,870 | 6,779 | 3,881 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||
| Stock | -128 | -539 | -458 | -84 | -2,850 | 5,900 | 0 | 0 |
| Debtors | -74,011 | 20,009 | 25,013 | 8,749 | 16,030 | 65,155 | 0 | 0 |
| Creditors | -34,483 | 3,057 | 11,781 | 4,613 | 19,772 | 50,247 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -1,508 | -1,514 | 472 | -62 | 2,318 | 800 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 370 | 0 | -7,778 | -1,823 | -8,878 | 18,479 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -53,489 | -2,555 | -1,710 | 19,535 | 38,171 | 380 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -53,489 | -2,555 | -1,710 | 19,535 | 38,171 | 380 | 0 | 0 |
force hydraulics limited Credit Report and Business Information
Force Hydraulics Limited Competitor Analysis
Perform a competitor analysis for force hydraulics limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in WS2 area or any other competitors across 12 key performance metrics.
force hydraulics limited Ownership
FORCE HYDRAULICS LIMITED group structure
Force Hydraulics Limited has no subsidiary companies.
Ultimate parent company
FORCE HYDRAULICS LIMITED
04615546
force hydraulics limited directors
Force Hydraulics Limited currently has 2 directors. The longest serving directors include Ms Elizabeth Kenny (Dec 2002) and Mr Christopher Kenny (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Elizabeth Kenny | United Kingdom | 68 years | Dec 2002 | - | Director |
| Mr Christopher Kenny | 41 years | Oct 2016 | - | Director |
P&L
December 2016turnover
316.3k
-13%
operating profit
-100.3k
0%
gross margin
17.4%
+6.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
12.8k
-0.89%
total assets
68.7k
-0.66%
cash
332
-0.99%
net assets
Total assets minus all liabilities
force hydraulics limited company details
company number
04615546
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2002
age
22
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2016
previous names
N/A
accountant
-
auditor
-
address
inducta house fryers road, bloxwich, walsall, west midlands, WS2 7LZ
Bank
-
Legal Advisor
-
force hydraulics 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 force hydraulics limited. Currently there are 1 open charges and 0 have been satisfied in the past.
force hydraulics limited Companies House Filings - See Documents
| date | description | view/download |
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