ian hatton motorcycles limited
ian hatton motorcycles limited Company Information
Company Number
05200822
Website
www.verralls.comRegistered Address
the old forge, quick's yard high street handcro, haywards heath, west sussex, RH17 6BJ
Industry
Sale, maintenance and repair of motorcycles and related parts and accessories
Telephone
01444400678
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
ian hatton 100%
ian hatton motorcycles limited Estimated Valuation
Pomanda estimates the enterprise value of IAN HATTON MOTORCYCLES LIMITED at £406.6k based on a Turnover of £664.8k and 0.61x industry multiple (adjusted for size and gross margin).
ian hatton motorcycles limited Estimated Valuation
Pomanda estimates the enterprise value of IAN HATTON MOTORCYCLES LIMITED at £65.2k based on an EBITDA of £14.1k and a 4.62x industry multiple (adjusted for size and gross margin).
ian hatton motorcycles limited Estimated Valuation
Pomanda estimates the enterprise value of IAN HATTON MOTORCYCLES LIMITED at £151.6k based on Net Assets of £81k and 1.87x industry multiple (adjusted for liquidity).
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Ian Hatton Motorcycles Limited Overview
Ian Hatton Motorcycles Limited is a live company located in haywards heath, RH17 6BJ with a Companies House number of 05200822. It operates in the sale, maintenance and repair of motorcycles and related parts and accessories sector, SIC Code 45400. Founded in August 2004, it's largest shareholder is ian hatton with a 100% stake. Ian Hatton Motorcycles Limited is a mature, small sized company, Pomanda has estimated its turnover at £664.8k with declining growth in recent years.
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Ian Hatton Motorcycles Limited Health Check
Pomanda's financial health check has awarded Ian Hatton Motorcycles Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £664.8k, make it smaller than the average company (£15m)
- Ian Hatton Motorcycles Limited
£15m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.3%)
- Ian Hatton Motorcycles Limited
2.3% - Industry AVG
Production
with a gross margin of 11.2%, this company has a higher cost of product (16.4%)
- Ian Hatton Motorcycles Limited
16.4% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (3.9%)
- Ian Hatton Motorcycles Limited
3.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (44)
2 - Ian Hatton Motorcycles Limited
44 - Industry AVG
Pay Structure
on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)
- Ian Hatton Motorcycles Limited
£31.5k - Industry AVG
Efficiency
resulting in sales per employee of £332.4k, this is equally as efficient (£296.4k)
- Ian Hatton Motorcycles Limited
£296.4k - Industry AVG
Debtor Days
it gets paid by customers after 112 days, this is later than average (7 days)
- Ian Hatton Motorcycles Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (43 days)
- Ian Hatton Motorcycles Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ian Hatton Motorcycles Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ian Hatton Motorcycles Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.4%, this is a similar level of debt than the average (60%)
60.4% - Ian Hatton Motorcycles Limited
60% - Industry AVG
IAN HATTON MOTORCYCLES LIMITED financials
Ian Hatton Motorcycles Limited's latest turnover from September 2022 is estimated at £664.8 thousand and the company has net assets of £81 thousand. According to their latest financial statements, Ian Hatton Motorcycles Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 442,966 | 487,690 | 644,137 | 480,246 | 565,190 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 390,287 | 429,486 | 584,385 | 391,234 | 459,927 | |||||||||
| Gross Profit | 52,679 | 58,204 | 59,752 | 89,012 | 105,263 | |||||||||
| Admin Expenses | 92,680 | 99,032 | ||||||||||||
| Operating Profit | -3,668 | 6,231 | ||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | |||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 362 | |||||||||
| Pre-Tax Profit | -3,415 | -14,643 | -33,696 | -3,668 | 6,593 | |||||||||
| Tax | 0 | 0 | 1,389 | 3 | -1,379 | |||||||||
| Profit After Tax | -3,415 | -14,643 | -32,307 | -3,665 | 5,214 | |||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | |||||||||
| Retained Profit | -3,415 | -14,643 | -32,307 | -3,665 | 5,214 | |||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* | -3,668 | 6,231 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 73 | 146 | 219 | 0 | 0 | 0 | 0 | 0 | 0 | 328 | 3,606 | 6,884 | 9,834 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 73 | 146 | 219 | 0 | 0 | 0 | 0 | 0 | 0 | 328 | 3,606 | 6,884 | 9,834 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,000 | 0 | 10,000 | 24,000 | 63,900 | 134,000 |
| Trade Debtors | 204,485 | 198,669 | 183,219 | 149,606 | 204,128 | 274,888 | 99,395 | 21,700 | 0 | 0 | 0 | 1,000 | 4,500 | 1,000 |
| 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 | 1,198 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60,456 | 51,112 | 27,320 | 21,314 | 28,050 | 49,680 | 49,491 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,415 | 118 | 249 | 588 |
| total current assets | 204,485 | 198,669 | 183,219 | 149,606 | 204,128 | 274,888 | 99,395 | 82,156 | 61,310 | 27,320 | 33,729 | 53,168 | 118,329 | 185,079 |
| total assets | 204,558 | 198,815 | 183,438 | 149,606 | 204,128 | 274,888 | 99,395 | 82,156 | 61,310 | 27,648 | 37,335 | 60,052 | 128,163 | 185,079 |
| 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 | 121,177 | 126,264 | 116,566 | 109,894 | 103,714 | 103,033 | 98,785 | 107,195 | 82,567 | 17,428 | 15,000 | 12,060 | 8,258 | 281 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 25,902 | 34,602 | 45,616 | 85,222 | 146,450 |
| total current liabilities | 121,177 | 126,264 | 116,566 | 109,894 | 103,714 | 103,033 | 98,785 | 107,195 | 82,567 | 43,330 | 49,602 | 57,676 | 93,480 | 146,731 |
| 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 | 2,400 | 3,000 | 2,771 | 1,083 | 74,770 | 177,261 | 31,310 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 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 | 0 | 0 |
| total long term liabilities | 2,400 | 3,000 | 2,771 | 1,083 | 74,770 | 177,261 | 31,310 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 123,577 | 129,264 | 119,337 | 110,977 | 178,484 | 280,294 | 130,095 | 107,195 | 82,567 | 43,330 | 49,602 | 57,676 | 93,480 | 146,731 |
| net assets | 80,981 | 69,551 | 64,101 | 38,629 | 25,644 | -5,406 | -30,700 | -25,039 | -21,257 | -15,682 | -12,267 | 2,376 | 34,683 | 38,348 |
| total shareholders funds | 80,981 | 69,551 | 64,101 | 38,629 | 25,644 | -5,406 | -30,700 | -25,039 | -21,257 | -15,682 | -12,267 | 2,376 | 34,683 | 38,348 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -3,668 | 6,231 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 328 | 3,278 | 3,278 | 2,950 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | 0 | 0 | 1,389 | 3 | -1,379 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,000 | 9,000 | -10,000 | -14,000 | -39,900 | -70,100 | 134,000 |
| Debtors | 5,816 | 15,450 | 33,613 | -54,522 | -70,760 | 175,493 | 77,695 | 20,502 | 1,198 | 0 | -1,000 | -3,500 | 3,500 | 1,000 |
| Creditors | -5,087 | 9,698 | 6,672 | 6,180 | 681 | 4,248 | -8,410 | 24,628 | 65,139 | 2,428 | 2,940 | 3,802 | 7,977 | 281 |
| Accruals and Deferred Income | -600 | 229 | 1,688 | -73,687 | -102,491 | 145,951 | 31,310 | 0 | -25,902 | -8,700 | -11,014 | -39,606 | -61,228 | 146,450 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 9,684 | 16,583 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 362 | |||||||||
| cash flow from financing | 0 | 0 | 0 | 0 | 33,496 | |||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -60,456 | 9,344 | 23,792 | 6,006 | -6,736 | -21,630 | 189 | 49,491 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -60,456 | 9,344 | 23,792 | 6,006 | -6,736 | -21,630 | 189 | 49,491 |
ian hatton motorcycles limited Credit Report and Business Information
Ian Hatton Motorcycles Limited Competitor Analysis
Perform a competitor analysis for ian hatton motorcycles limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ian hatton motorcycles limited Ownership
IAN HATTON MOTORCYCLES LIMITED group structure
Ian Hatton Motorcycles Limited has no subsidiary companies.
Ultimate parent company
IAN HATTON MOTORCYCLES LIMITED
05200822
ian hatton motorcycles limited directors
Ian Hatton Motorcycles Limited currently has 2 directors. The longest serving directors include Ms Katherine Hatton (Aug 2004) and Mr Ian Hatton (Aug 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Katherine Hatton | 61 years | Aug 2004 | - | Director | |
| Mr Ian Hatton | 62 years | Aug 2004 | - | Director |
P&L
September 2022turnover
664.8k
-15%
operating profit
14.1k
0%
gross margin
11.2%
-0.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
81k
+0.16%
total assets
204.6k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
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ian hatton motorcycles limited company details
company number
05200822
Type
Private limited with Share Capital
industry
45400 - Sale, maintenance and repair of motorcycles and related parts and accessories
incorporation date
August 2004
age
20
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
the old forge, quick's yard high street handcro, haywards heath, west sussex, RH17 6BJ
last accounts submitted
September 2022
ian hatton motorcycles 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 did not find charges/mortgages relating to ian hatton motorcycles limited.
ian hatton motorcycles limited Companies House Filings - See Documents
| date | description | view/download |
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