Pomanda estimates the enterprise value of HARMONIC LIMITED at £13.6m based on a Turnover of £20.9m and 0.65x industry multiple (adjusted for size and gross margin).
harmonic limitedEstimated Valuation
£2.8m
Pomanda estimates the enterprise value of HARMONIC LIMITED at £2.8m based on an EBITDA of £582.2k and a 4.78x industry multiple (adjusted for size and gross margin).
harmonic limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HARMONIC LIMITED at £0 based on Net Assets of £-74.9k and 2.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Harmonic LimitedOverview
Harmonic Limited is a live company located in leatherhead, KT22 7NL with a Companies House number of 04740221. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in April 2003, it's largest shareholder is
kellogg brown & root limited
with a 100% stake. Harmonic Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£20.9m with
high
growth in recent years.
Pomanda's financial health check has awarded Harmonic Limited a 3 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
Health Rating3out of 5
4 Strong
1 Regular
4 Weak
Size
annual sales of £20.9m, make it larger than the average company (£3.9m)
£20.9m - Harmonic Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (6.7%)
18% - Harmonic Limited
6.7% - Industry AVG
Production
with a gross margin of 17.6%, this company has a higher cost of product (40%)
17.6% - Harmonic Limited
40% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (7%)
2.7% - Harmonic Limited
7% - Industry AVG
Employees
with 144 employees, this is above the industry average (19)
144 - Harmonic Limited
19 - Industry AVG
Pay Structure
on an average salary of £72.7k, the company has a higher pay structure (£56.2k)
£72.7k - Harmonic Limited
£56.2k - Industry AVG
Efficiency
resulting in sales per employee of £145.2k, this is equally as efficient (£156.8k)
£145.2k - Harmonic Limited
£156.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Harmonic Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Harmonic Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Harmonic Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 48 weeks, this is more cash available to meet short term requirements (22 weeks)
48 weeks - Harmonic Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 108.2%, this is a higher level of debt than the average (59.6%)
108.2% - Harmonic Limited
59.6% - Industry AVG
HARMONIC LIMITED financials
EXPORT
Harmonic Limited's latest turnover from December 2023 is £20.9 million and the company has net assets of -£74.9 thousand. According to their latest financial statements, Harmonic Limited has 144 employees and maintains cash reserves of £917.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
20,905,748
29,904,626
13,353,508
16,752,478
12,594,332
10,199,469
13,247,029
12,908,590
11,521,397
12,803,840
12,849,142
13,850,325
11,735,204
14,368,838
9,462,165
Other Income Or Grants
Cost Of Sales
17,223,761
25,628,302
8,915,115
10,611,051
7,916,963
6,511,713
8,362,785
8,449,871
7,443,232
8,886,279
9,086,503
7,068,487
6,021,487
6,931,070
4,687,567
Gross Profit
3,681,987
4,276,324
4,438,393
6,141,427
4,677,369
3,687,756
4,884,244
4,458,719
4,078,165
3,917,561
3,762,639
6,781,838
5,713,717
7,437,768
4,774,598
Admin Expenses
3,122,309
4,443,645
3,541,679
4,632,540
4,544,745
3,738,803
5,424,135
4,151,225
3,900,816
3,833,983
3,359,634
6,757,874
5,765,387
7,462,953
3,033,269
Operating Profit
559,678
-167,321
896,714
1,508,887
132,624
-51,047
-539,891
307,494
177,349
83,578
403,005
23,964
-51,670
-25,185
1,741,329
Interest Payable
235
Interest Receivable
15
1,607
2,676
343
3
4
79
2,271
828
2,608
2,192
Pre-Tax Profit
559,678
-167,321
896,729
1,510,494
135,300
-50,704
-540,126
307,494
177,352
83,582
403,084
26,236
-50,842
-22,577
1,743,521
Tax
-311,743
-436,232
312,124
476,395
-71,413
-36,526
49,687
-83,549
-51,583
-28,419
-100,341
-6,297
-488,186
Profit After Tax
247,935
-603,553
1,208,853
1,986,889
63,887
-87,230
-490,439
223,945
125,769
55,163
302,743
19,939
-50,842
-22,577
1,255,335
Dividends Paid
242,142
65,468
50,484
50,484
50,484
Retained Profit
247,935
-603,553
966,711
1,921,421
63,887
-87,230
-490,439
223,945
75,285
4,679
252,259
19,939
-50,842
-22,577
1,255,335
Employee Costs
10,462,835
16,039,930
5,408,939
6,151,631
4,957,501
4,996,672
6,554,818
5,043,808
3,873,473
3,495,613
3,336,869
5,183,474
4,355,337
5,559,971
3,764,253
Number Of Employees
144
163
83
64
57
59
60
59
49
45
40
104
88
114
77
EBITDA*
582,182
-88,888
927,948
1,532,378
157,520
-9,978
-484,564
363,461
246,871
158,245
467,813
64,395
-20,990
-1,222
1,764,435
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
73,597
95,714
81,899
38,022
27,967
66,408
72,444
69,825
94,173
103,597
59,143
39,389
35,253
30,762
Intangible Assets
Investments & Other
2
2
2
2
2
2
2
2
2
2
2
2
2
52
Debtors (Due After 1 year)
Total Fixed Assets
73,599
95,716
81,901
38,024
27,969
66,410
72,446
69,827
94,175
103,599
59,145
39,391
35,255
30,814
Stock & work in progress
Trade Debtors
6,071,839
4,611,064
4,927,311
2,558,191
2,375,059
1,246,822
1,555,533
1,825,668
2,124,541
2,343,183
2,295,616
2,217,204
2,374,307
1,503,793
Group Debtors
142,117
143,213
Misc Debtors
360,098
1,364,555
1,026,163
140,086
105,275
571,275
1,165,520
508,531
57,898
54,577
Cash
917,327
2,623,929
1,278,060
1,634,921
848,568
318,292
853,380
539,427
715,267
1,413,705
1,194,338
743,902
164,611
166,402
876,701
misc current assets
total current assets
917,327
9,197,983
7,396,892
7,588,395
3,546,845
2,801,021
2,671,477
3,260,480
3,049,466
3,596,144
3,592,098
3,039,518
2,381,815
2,540,709
2,380,494
total assets
917,327
9,271,582
7,492,608
7,670,296
3,584,869
2,828,990
2,737,887
3,332,926
3,119,293
3,690,319
3,695,697
3,098,663
2,421,206
2,575,964
2,411,308
Bank overdraft
Bank loan
Trade Creditors
1,030,836
756,619
1,231,570
888,503
581,295
462,042
699,844
667,992
804,551
967,457
1,890,803
1,239,270
1,341,230
1,153,825
Group/Directors Accounts
992,269
2,491,988
other short term finances
hp & lease commitments
other current liabilities
1,438,114
1,842,270
2,513,487
1,123,263
836,042
957,454
1,031,526
845,305
1,402,241
1,254,587
total current liabilities
992,269
4,960,938
2,598,889
3,745,057
2,011,766
1,417,337
1,419,496
1,731,370
1,513,297
2,206,792
2,222,044
1,890,803
1,239,270
1,341,230
1,153,825
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
25,626
5,148
10,900
1,483
5,295
8,021
3,906
14,709
9,514
5,985
1,956
2,128
total long term liabilities
25,626
5,148
10,900
1,483
5,295
8,021
3,906
14,709
9,514
5,985
1,956
2,128
total liabilities
992,269
4,986,564
2,604,037
3,755,957
2,013,249
1,417,337
1,424,791
1,739,391
1,517,203
2,221,501
2,231,558
1,896,788
1,239,270
1,343,186
1,155,953
net assets
-74,942
4,285,018
4,888,571
3,914,339
1,571,620
1,411,653
1,313,096
1,593,535
1,602,090
1,468,818
1,464,139
1,201,875
1,181,936
1,232,778
1,255,355
total shareholders funds
-74,942
4,285,018
4,888,571
3,914,339
1,571,620
1,411,653
1,313,096
1,593,535
1,602,090
1,468,818
1,464,139
1,201,875
1,181,936
1,232,778
1,255,355
Dec 2023
Dec 2022
Dec 2021
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
559,678
-167,321
896,714
1,508,887
132,624
-51,047
-539,891
307,494
177,349
83,578
403,005
23,964
-51,670
-25,185
1,741,329
Depreciation
22,504
78,433
31,234
23,491
24,896
41,069
55,327
55,967
69,522
74,667
64,808
40,431
30,680
23,963
23,106
Amortisation
Tax
-311,743
-436,232
312,124
476,395
-71,413
-36,526
49,687
-83,549
-51,583
-28,419
-100,341
-6,297
-488,186
Stock
Debtors
-6,574,054
455,222
3,420,555
3,255,197
217,943
662,237
-902,956
386,854
151,760
-215,321
102,144
78,412
-157,103
870,514
1,503,793
Creditors
-1,030,836
274,217
-131,884
343,067
307,208
119,253
-237,802
31,852
-136,559
-162,906
-923,346
651,533
-101,960
187,405
1,153,825
Accruals and Deferred Income
-1,438,114
-404,156
719,007
1,390,224
287,221
-121,412
-74,072
186,221
-556,936
147,654
1,254,587
Deferred Taxes & Provisions
-25,626
20,478
3,665
9,417
1,483
-5,295
-2,726
4,115
-10,803
5,195
3,529
5,985
-1,956
-172
2,128
Cash flow from operations
4,349,917
-1,089,803
-1,589,695
496,284
464,076
-716,195
153,479
115,246
-660,770
335,090
600,098
637,204
32,197
-684,503
928,409
Investing Activities
capital expenditure
51,093
-56,316
-88,926
-67,368
1,541
100
-66,775
-109,262
-60,185
-34,816
-28,454
-53,868
Change in Investments
-2
-50
52
cash flow from investments
51,095
-56,316
-88,926
-67,368
1,541
100
-66,775
-109,262
-60,185
-34,816
-28,404
-53,920
Financing Activities
Bank loans
Group/Directors Accounts
-1,499,719
2,491,988
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-4,607,895
2,350,240
421,298
96,080
185,787
210,000
-232,500
57,987
10,005
20
interest
15
1,607
2,676
343
-235
3
4
79
2,271
828
2,608
2,192
cash flow from financing
-6,107,614
2,491,988
2,350,255
422,905
98,756
186,130
209,765
-232,500
57,990
4
10,084
2,271
828
2,608
2,212
cash and cash equivalents
cash
-1,706,602
1,345,869
429,492
786,353
530,276
-535,088
313,953
-175,840
-698,438
219,367
450,436
579,291
-1,791
-710,299
876,701
overdraft
change in cash
-1,706,602
1,345,869
429,492
786,353
530,276
-535,088
313,953
-175,840
-698,438
219,367
450,436
579,291
-1,791
-710,299
876,701
harmonic limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for harmonic limited. Get real-time insights into harmonic limited's credit score, group structure and payment trends.
Perform a competitor analysis for harmonic limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in KT22 area or any other competitors across 12 key performance metrics.
71122 - Engineering related scientific and technical consulting activities
62020 - Computer consultancy activities
70229 - Management consultancy activities (other than financial management)
incorporation date
April 2003
age
22
incorporated
UK
ultimate parent company
KBR INC
accounts
Full Accounts
last accounts submitted
December 2023
previous names
harmonic consulting limited (January 2005)
accountant
-
auditor
GRANT THORNTON
address
hill park court, springfield drive, leatherhead, surrey, KT22 7NL
Bank
-
Legal Advisor
-
harmonic 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 3 charges/mortgages relating to harmonic limited. Currently there are 1 open charges and 2 have been satisfied in the past.
harmonic 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 HARMONIC LIMITED. This can take several minutes, an email will notify you when this has completed.
harmonic limitedCompanies House Filings - See Documents
