hammersmith works limited

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hammersmith works limited Company Information

Share HAMMERSMITH WORKS LIMITED

Company Number

05719189

Shareholders

christopher turner

david levitan

Group Structure

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Industry

Other personal service activities n.e.c.

 

Registered Address

107 bell street, london, NW1 6TL

hammersmith works limited Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of HAMMERSMITH WORKS LIMITED at £2.2m based on a Turnover of £2.9m and 0.75x industry multiple (adjusted for size and gross margin).

hammersmith works limited Estimated Valuation

£909.9k

Pomanda estimates the enterprise value of HAMMERSMITH WORKS LIMITED at £909.9k based on an EBITDA of £205.7k and a 4.42x industry multiple (adjusted for size and gross margin).

hammersmith works limited Estimated Valuation

£319.1k

Pomanda estimates the enterprise value of HAMMERSMITH WORKS LIMITED at £319.1k based on Net Assets of £140.7k and 2.27x industry multiple (adjusted for liquidity).

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Hammersmith Works Limited Overview

Hammersmith Works Limited is a live company located in london, NW1 6TL with a Companies House number of 05719189. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in February 2006, it's largest shareholder is christopher turner with a 79.1% stake. Hammersmith Works Limited is a established, small sized company, Pomanda has estimated its turnover at £2.9m with high growth in recent years.

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Hammersmith Works Limited Health Check

Pomanda's financial health check has awarded Hammersmith Works Limited a 3.5 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

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £2.9m, make it larger than the average company (£849.3k)

£2.9m - Hammersmith Works Limited

£849.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (8.3%)

19% - Hammersmith Works Limited

8.3% - Industry AVG

production

Production

with a gross margin of 39.5%, this company has a comparable cost of product (39.5%)

39.5% - Hammersmith Works Limited

39.5% - Industry AVG

profitability

Profitability

an operating margin of 6.5% make it as profitable than the average company (5.8%)

6.5% - Hammersmith Works Limited

5.8% - Industry AVG

employees

Employees

with 36 employees, this is above the industry average (14)

36 - Hammersmith Works Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.2k, the company has an equivalent pay structure (£29.2k)

£29.2k - Hammersmith Works Limited

£29.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £80.2k, this is equally as efficient (£73.5k)

£80.2k - Hammersmith Works Limited

£73.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is later than average (27 days)

48 days - Hammersmith Works Limited

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 16 days, this is quicker than average (36 days)

16 days - Hammersmith Works Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 11 days, this is less than average (32 days)

11 days - Hammersmith Works Limited

32 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (59 weeks)

7 weeks - Hammersmith Works Limited

59 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 82.6%, this is a higher level of debt than the average (37.2%)

82.6% - Hammersmith Works Limited

37.2% - Industry AVG

HAMMERSMITH WORKS LIMITED financials

EXPORTms excel logo

Hammersmith Works Limited's latest turnover from March 2024 is estimated at £2.9 million and the company has net assets of £140.7 thousand. According to their latest financial statements, Hammersmith Works Limited has 36 employees and maintains cash reserves of £87.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,886,2151,978,3402,599,8371,716,1661,359,4223,315,4281,342,6421,756,4981,467,5511,008,333249,153162,050102,394103,799143,851
Other Income Or Grants000000000000000
Cost Of Sales1,745,9291,175,0321,572,6221,054,887817,1781,986,361815,0721,036,523857,140597,496147,53992,51159,36257,33580,839
Gross Profit1,140,286803,3091,027,216661,280542,2441,329,067527,570719,976610,411410,837101,61469,53943,03246,46563,012
Admin Expenses952,292757,4951,056,344655,574673,3411,279,079494,443710,276577,753447,750120,64435,8346,66114,701118,334
Operating Profit187,99445,814-29,1285,706-131,09749,98833,1279,70032,658-36,913-19,03033,70536,37131,764-55,322
Interest Payable18,11312,6763,2341,525822106262179000000
Interest Receivable2,9762,572713926316220110442331427158
Pre-Tax Profit172,85735,710-31,6494,273-131,04150,12833,2229,54332,521-36,880-19,01633,70736,37831,779-55,314
Tax-43,214-6,7850-8120-9,524-6,312-1,908-6,50400-8,090-9,458-8,8980
Profit After Tax129,64328,925-31,6493,461-131,04140,60426,9107,63426,017-36,880-19,01625,61726,92022,881-55,314
Dividends Paid000000000000000
Retained Profit129,64328,925-31,6493,461-131,04140,60426,9107,63426,017-36,880-19,01625,61726,92022,881-55,314
Employee Costs1,050,846649,111486,693406,384447,451421,859359,828287,297600,326421,656123,52774,14349,14948,49573,730
Number Of Employees3623181618171512241753223
EBITDA*205,74255,103-12,74220,561-120,44957,34444,91915,26740,8628,079-10,11642,40842,04034,444-42,759

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets54,51416,06625,35536,09031,28322,06631,31312,10521,44822,77326,13923,70215,4016,9036,783
Intangible Assets000000000000000
Investments & Other201,838200,0000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets256,352216,06625,35536,09031,28322,06631,31312,10521,44822,77326,13923,70215,4016,9036,783
Stock & work in progress53,75943,62727,901000000000000
Trade Debtors381,175274,068416,819238,863176,123578,181203,146217,029113,785110,08714,4486,4929069088
Group Debtors000000000000000
Misc Debtors29,40033,12743,68817,95537,9551,50081,73046,63059,764000000
Cash87,92525,45595,56094,63389,59737,1985,97374,5808,6518,1045,00375492,7713,129
misc current assets0000000000105,79654,80230,95920,16615,034
total current assets552,259376,277583,968351,451303,675616,879290,849338,239182,200118,191125,24762,04831,87423,02718,251
total assets808,611592,343609,323387,541334,958638,945322,162350,344203,648140,964151,38685,75047,27529,93025,034
Bank overdraft81,00081,00010,0024,16602573862,8815,500000000
Bank loan000000000000000
Trade Creditors 77,90175,096210,12389,31833,64576,111340074,25365,08155,74551,78861,36379,348
Group/Directors Accounts335335010,00000000000000
other short term finances000000000000000
hp & lease commitments20,5052,3002,3002,30000001,503000000
other current liabilities417,725297,634362,213213,122290,981396,204195,973248,604105,420000000
total current liabilities597,466456,365584,638318,906324,626472,572196,393251,485112,42374,25365,08155,74551,78861,36379,348
loans39,500120,50135,83345,83400000000000
hp & lease commitments30,9334,4086,7089,00800000000000
Accruals and Deferred Income000000000000000
other liabilities0000000001,5039,2178,901000
provisions000000000000000
total long term liabilities70,433124,90942,54154,842000001,5039,2178,901000
total liabilities667,899581,274627,179373,748324,626472,572196,393251,485112,42375,75674,29864,64651,78861,36379,348
net assets140,71211,069-17,85613,79310,332166,373125,76998,85991,22565,20877,08821,104-4,513-31,433-54,314
total shareholders funds140,71211,069-17,85613,79310,332166,373125,76998,85991,22565,20877,08821,104-4,513-31,433-54,314
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit187,99445,814-29,1285,706-131,09749,98833,1279,70032,658-36,913-19,03033,70536,37131,764-55,322
Depreciation17,7489,28916,38614,85510,6487,35611,7925,5678,2047,9928,9148,7035,6692,6804,342
Amortisation00000000037,00000008,221
Tax-43,214-6,7850-8120-9,524-6,312-1,908-6,50400-8,090-9,458-8,8980
Stock10,13215,72627,901000000000000
Debtors103,380-153,312203,68942,740-365,603294,80521,21790,11063,46295,6397,9565,586816288
Creditors2,805-135,027120,80555,673-42,46676,077340-74,2539,1729,3363,957-9,575-17,98579,348
Accruals and Deferred Income120,091-64,579149,091-77,859-105,223200,231-52,631143,184105,420000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations171,912-13,70225,564-45,17797,46529,323-35,20766,4332,063-78,388-8,73632,68922,1917,55936,501
Investing Activities
capital expenditure-56,1960-5,651-19,662-19,8651,891-31,0003,776-6,879-41,626-11,351-17,004-14,167-2,800-19,346
Change in Investments1,838200,0000000000000000
cash flow from investments-58,034-200,000-5,651-19,662-19,8651,891-31,0003,776-6,879-41,626-11,351-17,004-14,167-2,800-19,346
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0335-10,00010,00000000000000
Other Short Term Loans 000000000000000
Long term loans-81,00184,668-10,00145,83400000000000
Hire Purchase and Lease Commitments44,730-2,300-2,30011,308000-1,5031,503000000
other long term liabilities00000000-1,503-7,7143168,901000
share issue0000-25,000000025,00075,0000001,000
interest-15,137-10,104-2,521-1,4335514095-158-137331427158
cash flow from financing-51,40872,599-24,82265,709-24,94514095-1,661-13717,31975,3308,9037151,008
cash and cash equivalents
cash62,470-70,1059275,03652,39931,225-68,60765,9295473,1014,249745-2,762-3583,129
overdraft070,9985,8364,166-257-129-2,495-2,6195,500000000
change in cash62,470-141,103-4,90987052,65631,354-66,11268,548-4,9533,1014,249745-2,762-3583,129

hammersmith works limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hammersmith Works Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hammersmith works limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in NW1 area or any other competitors across 12 key performance metrics.

hammersmith works limited Ownership

HAMMERSMITH WORKS LIMITED group structure

Hammersmith Works Limited has no subsidiary companies.

Ultimate parent company

HAMMERSMITH WORKS LIMITED

05719189

HAMMERSMITH WORKS LIMITED Shareholders

christopher turner 79.05%
david levitan 20.95%

hammersmith works limited directors

Hammersmith Works Limited currently has 2 directors. The longest serving directors include Mr Christopher Turner (Mar 2006) and Mr Killian Negros (Feb 2024).

officercountryagestartendrole
Mr Christopher Turner49 years Mar 2006- Director
Mr Killian Negros34 years Feb 2024- Director

P&L

March 2024

turnover

2.9m

+46%

operating profit

188k

0%

gross margin

39.6%

-2.7%

turnover

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

Balance Sheet

March 2024

net assets

140.7k

+11.71%

total assets

808.6k

+0.37%

cash

87.9k

+2.45%

net assets

Total assets minus all liabilities

hammersmith works limited company details

company number

05719189

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

February 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

the london window cleaner ltd (August 2019)

accountant

AEL MARKHAMS

auditor

-

address

107 bell street, london, NW1 6TL

Bank

HSBC BANK PLC

Legal Advisor

-

hammersmith works 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 hammersmith works limited. Currently there are 1 open charges and 2 have been satisfied in the past.

hammersmith works 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.

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hammersmith works limited Companies House Filings - See Documents

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