Halo Photonics Limited

POWER SEARCH PRICING

SOLUTIONS

halo photonics limited Company Information

Live (In Liquidation)

EstablishedSmallDeclining

Company Number

05485368

Website

www.halo-photonics.com

Registered Address

1 bridgewater place water lane, leeds, LS11 5QR

Industry

Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment

Telephone

01886833489

Next Accounts Due

37 days late

Group Structure

View All

Directors

Marc Le Flohic4 Years

Sonia Rutnam2 Years

Shareholders

lumibird sa 100%

halo photonics limited Estimated Valuation

£5.8m

Pomanda estimates the enterprise value of HALO PHOTONICS LIMITED at £5.8m based on Net Assets of £2.3m and 2.53x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Halo Photonics Limited is a live company located in leeds, LS11 5QR with a Companies House number of 05485368. It operates in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26511. Founded in June 2005, it's largest shareholder is lumibird sa with a 100% stake. Halo Photonics Limited is a established, small sized company, Pomanda has estimated its turnover at £564k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Halo Photonics Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

2 Strong

3 Regular

6 Weak

Size

annual sales of £564k, make it smaller than the average company (£11m)

Growth

3 year (CAGR) sales growth of -37%, show it is growing at a slower rate (3.7%)

EXPORT

Halo Photonics Limited's latest turnover from December 2022 is estimated at £564 thousand and the company has net assets of £2.3 million. According to their latest financial statements, Halo Photonics Limited has 3 employees and maintains cash reserves of £239 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	Dec 2020	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	564,018	351,637	4,159,064	3,412,821	2,220,450	1,685,497	2,200,154	937,496	1,536,217	2,031,271	1,932,122	1,205,896	3,720,449	445,204
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	332,124	207,572	2,505,617	1,930,382	1,272,863	944,054	1,256,781	536,050	869,175	1,198,331	1,140,554	720,455	2,192,311	269,499
Gross Profit	231,895	144,066	1,653,448	1,482,439	947,587	741,443	943,373	401,446	667,043	832,940	791,568	485,441	1,528,137	175,704
Admin Expenses	296,611	470,020	1,998,232	2,582,628	-996,770	882,847	1,235,878	-134,319	555,039	657,481	629,455	526,907	356,395	-98,617
Operating Profit	-64,716	-325,954	-344,784	-1,100,189	1,944,357	-141,404	-292,505	535,765	112,004	175,459	162,113	-41,466	1,171,742	274,321
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	21,069	3,238	1,976	1,301	11,971	4,810	3,666	6,418	4,559	5,460	5,354	5,050	2,708	379
Pre-Tax Profit	-43,647	-322,716	-342,808	-1,098,888	1,956,328	-136,594	-288,839	542,183	116,563	180,919	167,466	-36,416	1,174,450	274,700
Tax	0	0	0	0	-371,702	0	0	-108,436	-23,312	-37,993	-38,517	0	-305,357	-76,916
Profit After Tax	-43,647	-322,716	-342,808	-1,098,888	1,584,626	-136,594	-288,839	433,746	93,250	142,926	128,949	-36,416	869,093	197,784
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-43,647	-322,716	-342,808	-1,098,888	1,584,626	-136,594	-288,839	433,746	93,250	142,926	128,949	-36,416	869,093	197,784
Employee Costs	156,900	149,225	144,243	338,397	332,508	321,964	312,261	209,750	471,393	581,746	530,075	316,899	1,015,883	146,435
Number Of Employees	3	3	3	7	7	7	7	5	11	14	13	8	27	4
EBITDA*	-64,716	-325,954	-344,784	-1,100,189	1,944,357	-141,404	-292,505	577,155	142,145	189,592	176,247	-38,236	1,174,972	279,794

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	0	0	0	0	0	0	0	68,750	65,140	25,281	39,414	995	4,225	7,455
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	0	0	0	0	0	0	0	68,750	65,140	25,281	39,414	995	4,225	7,455
Stock & work in progress	495,971	109,133	202,409	288,651	321,590	317,366	432,719	443,328	584,288	388,306	365,471	298,979	339,201	68,265
Trade Debtors	0	23,583	1,437,407	1,113,971	707,665	424,248	520,900	41,627	255,656	311,392	318,404	134,393	709,898	78,777
Group Debtors	1,763,901	1,204,401	33,511	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	20,749	131,585	100,657	324,130	93,207	0	0	0	0	0	0	0	0	0
Cash	239,021	964,899	1,625,589	275,029	2,327,088	865,190	1,058,669	1,874,468	692,547	1,130,973	1,053,102	1,088,317	931,709	151,453
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,519,642	2,433,601	3,399,573	2,001,781	3,449,550	1,606,804	2,012,288	2,359,423	1,532,491	1,830,671	1,736,977	1,521,689	1,980,808	298,495
total assets	2,519,642	2,433,601	3,399,573	2,001,781	3,449,550	1,606,804	2,012,288	2,428,173	1,597,631	1,855,952	1,776,391	1,522,684	1,985,033	305,950
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	5,933	93,502	25,714	92,427	78,525	202,805	471,695	598,741	201,945	553,516	616,881	492,123	918,056	108,066
Group/Directors Accounts	221,060	0	713,714	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	13,195	16,998	14,328	19,617	382,400	0	0	0	0	0	0	0	0	0
total current liabilities	240,188	110,500	753,756	112,044	460,925	202,805	471,695	598,741	201,945	553,516	616,881	492,123	918,056	108,066
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	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total liabilities	240,188	110,500	753,756	112,044	460,925	202,805	471,695	598,741	201,945	553,516	616,881	492,123	918,056	108,066
net assets	2,279,454	2,323,101	2,645,817	1,889,737	2,988,625	1,403,999	1,540,593	1,829,432	1,395,686	1,302,436	1,159,510	1,030,561	1,066,977	197,884
total shareholders funds	2,279,454	2,323,101	2,645,817	1,889,737	2,988,625	1,403,999	1,540,593	1,829,432	1,395,686	1,302,436	1,159,510	1,030,561	1,066,977	197,884

	Dec 2022	Dec 2021	Dec 2020	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	-64,716	-325,954	-344,784	-1,100,189	1,944,357	-141,404	-292,505	535,765	112,004	175,459	162,113	-41,466	1,171,742	274,321
Depreciation	0	0	0	0	0	0	0	41,390	30,141	14,133	14,134	3,230	3,230	5,473
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	0	0	-371,702	0	0	-108,436	-23,312	-37,993	-38,517	0	-305,357	-76,916
Stock	386,838	-93,276	-119,181	-32,939	4,224	-115,353	-10,609	-140,960	195,982	22,835	66,492	-40,222	270,936	68,265
Debtors	425,081	-212,006	770,703	637,229	376,624	-96,652	479,273	-214,029	-55,736	-7,012	184,011	-575,505	631,121	78,777
Creditors	-87,569	67,788	-52,811	13,902	-124,280	-268,890	-127,046	396,796	-351,571	-63,365	124,758	-425,933	809,990	108,066
Accruals and Deferred Income	-3,803	2,670	-368,072	-362,783	382,400	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-968,007	49,786	-1,417,189	-2,053,360	1,449,927	-198,289	-888,215	1,220,504	-372,984	72,411	11,985	151,558	777,548	163,902
Investing Activities
capital expenditure	0	0	0	0	0	0	68,750	-45,000	-70,000	0	-52,553	0	0	-12,928
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	0	68,750	-45,000	-70,000	0	-52,553	0	0	-12,928
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	221,060	-713,714	713,714	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	0	0	0	0	0	0	0	0	0	0	0	0	0	100
interest	21,069	3,238	1,976	1,301	11,971	4,810	3,666	6,418	4,559	5,460	5,354	5,050	2,708	379
cash flow from financing	242,129	-710,476	715,690	1,301	11,971	4,810	3,666	6,418	4,559	5,460	5,354	5,050	2,708	479
cash and cash equivalents
cash	-725,878	-660,690	-701,499	-2,052,059	1,461,898	-193,479	-815,799	1,181,921	-438,426	77,871	-35,215	156,608	780,256	151,453
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-725,878	-660,690	-701,499	-2,052,059	1,461,898	-193,479	-815,799	1,181,921	-438,426	77,871	-35,215	156,608	780,256	151,453

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for halo photonics limited. Get real-time insights into halo photonics 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 halo photonics limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in LS11 area or any other competitors across 12 key performance metrics.

HALO PHOTONICS LIMITED group structure

Halo Photonics Limited has no subsidiary companies.

Ultimate parent company

HALO PHOTONICS LIMITED

05485368

HALO PHOTONICS LIMITED Shareholders

lumibird sa

100%

Halo Photonics Limited currently has 2 directors. The longest serving directors include Mr Marc Le Flohic (Dec 2019) and Ms Sonia Rutnam (Dec 2021).

officer	country	age	start	end	role
Mr Marc Le Flohic	France	61 years	Dec 2019	-	Director
Ms Sonia Rutnam	England	54 years	Dec 2021	-	Director

P&L

December 2022

turnover

564k

+60%

operating profit

-64.7k

gross margin

41.2%

+0.35%

turnover

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

Balance Sheet

December 2022

net assets

2.3m

-0.02%

total assets

2.5m

+0.04%

cash

239k

-0.75%

net assets

Total assets minus all liabilities

Similar Companies

nanometrics uk ltd

4.5

k d optics design & engineering limited

brownell limited

tecton limited

ag instruments limited

4.5

company number

05485368

Type

Private limited with Share Capital

industry

26511 - Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment

incorporation date

June 2005

ultimate parent company

None

previous names

N/A

address

1 bridgewater place water lane, leeds, LS11 5QR

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 halo photonics limited. Currently there are 0 open charges and 1 have been satisfied in the past.

halo photonics limited Company Information

halo photonics limited Estimated Valuation

halo photonics limited Estimated Valuation

halo photonics limited Estimated Valuation

Halo Photonics Limited Overview

Halo Photonics Limited Health Check

HALO PHOTONICS LIMITED financials

halo photonics limited Credit Report and Business Information

Halo Photonics Limited Competitor Analysis

halo photonics limited Ownership

halo photonics limited directors

halo photonics limited company details

halo photonics limited Charges & Mortgages

halo photonics limited Companies House Filings - See Documents