Pomanda estimates the enterprise value of THE HEAT DEPOT LIMITED at £772.3k based on a Turnover of £1.3m and 0.6x industry multiple (adjusted for size and gross margin).
the heat depot limitedEstimated Valuation
£422.2k
Pomanda estimates the enterprise value of THE HEAT DEPOT LIMITED at £422.2k based on an EBITDA of £67.5k and a 6.25x industry multiple (adjusted for size and gross margin).
the heat depot limitedEstimated Valuation
£563.6k
Pomanda estimates the enterprise value of THE HEAT DEPOT LIMITED at £563.6k based on Net Assets of £269.9k and 2.09x industry multiple (adjusted for liquidity).
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The Heat Depot LimitedOverview
The Heat Depot Limited is a live company located in manchester, M25 1PY with a Companies House number of 05957749. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in October 2006, it's largest shareholder is
j. lyons
with a 20.8% stake. The Heat Depot Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.3m with
declining
growth in recent years.
Pomanda's financial health check has awarded The Heat Depot Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £1.3m, make it in line with the average company (£1.3m)
£1.3m - The Heat Depot Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (7.6%)
-8% - The Heat Depot Limited
7.6% - Industry AVG
Production
with a gross margin of 69.9%, this company has a lower cost of product (31.8%)
69.9% - The Heat Depot Limited
31.8% - Industry AVG
Profitability
an operating margin of 4.6% make it as profitable than the average company (4.6%)
4.6% - The Heat Depot Limited
4.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (11)
3 - The Heat Depot Limited
11 - Industry AVG
Pay Structure
on an average salary of £35.8k, the company has an equivalent pay structure (£35.8k)
£35.8k - The Heat Depot Limited
£35.8k - Industry AVG
Efficiency
resulting in sales per employee of £429.3k, this is more efficient (£208.4k)
£429.3k - The Heat Depot Limited
£208.4k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (32 days)
54 days - The Heat Depot Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 240 days, this is slower than average (39 days)
240 days - The Heat Depot Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (73 days)
5 days - The Heat Depot Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 53 weeks, this is more cash available to meet short term requirements (22 weeks)
53 weeks - The Heat Depot Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.1%, this is a higher level of debt than the average (63.9%)
72.1% - The Heat Depot Limited
63.9% - Industry AVG
THE HEAT DEPOT LIMITED financials
EXPORT
The Heat Depot Limited's latest turnover from September 2023 is estimated at £1.3 million and the company has net assets of £269.9 thousand. According to their latest financial statements, we estimate that The Heat Depot Limited has 3 employees and maintains cash reserves of £723.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
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
1,287,970
1,444,270
1,450,190
1,631,116
1,132,641
701,728
1,522,048
417,445
482,590
393,738
433,779
472,837
456,187
Other Income Or Grants
783,888
Cost Of Sales
1,059,363
1,188,043
1,210,592
1,339,583
904,590
560,311
1,194,110
331,657
375,790
308,799
335,581
373,104
349,560
Gross Profit
899,623
1,281,771
1,548,482
1,256,475
783,888
888,830
574,757
327,939
85,788
106,800
84,939
98,198
99,733
106,628
Admin Expenses
840,223
994,497
790,882
614,280
575,744
563,557
466,136
332,011
101,329
123,669
36,808
61,704
80,589
100,857
-16,705
Operating Profit
59,400
287,274
757,600
642,195
208,144
325,273
108,621
-4,072
-15,541
-16,869
48,131
36,494
19,144
5,771
16,705
Interest Payable
12,278
6,533
5,676
4,787
6,689
6,265
6,293
Interest Receivable
1,039
390
394
1,576
1,401
1,201
1,223
1,197
1,087
524
Pre-Tax Profit
47,122
281,780
751,924
637,798
201,455
319,008
102,328
-3,678
-13,965
-15,468
49,332
37,717
20,341
6,858
17,229
Tax
-10,533
-55,423
-144,749
-124,387
-39,595
-62,379
-22,519
-11,346
-9,052
-5,289
-1,920
-4,824
Profit After Tax
36,589
226,357
607,175
513,411
161,860
256,629
79,809
-3,678
-13,965
-15,468
37,986
28,665
15,052
4,938
12,405
Dividends Paid
Retained Profit
36,589
226,357
607,175
513,411
161,860
256,629
79,809
-3,678
-13,965
-15,468
37,986
28,665
15,052
4,938
12,405
Employee Costs
107,405
134,471
132,388
152,959
32,403
130,804
87,534
126,522
33,671
31,044
31,998
30,511
59,369
57,119
Number Of Employees
3
4
4
5
1
4
3
4
1
1
1
1
2
2
EBITDA*
67,534
299,123
773,583
658,543
226,705
343,105
124,232
-4,072
-362
-202
62,558
51,199
31,399
16,609
18,608
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
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
36,407
43,728
43,251
49,362
64,947
72,389
72,588
86,955
82,878
96,164
90,871
97,486
74,526
57,925
8,283
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
36,407
43,728
43,251
49,362
64,947
72,389
72,588
86,955
82,878
96,164
90,871
97,486
74,526
57,925
8,283
Stock & work in progress
15,500
15,500
15,500
15,500
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
25,000
Trade Debtors
192,015
178,648
187,975
154,726
151,700
146,409
31,829
329,391
28,595
27,968
27,968
28,132
45,253
42,891
40,319
Group Debtors
Misc Debtors
Cash
723,349
1,332,326
1,552,449
1,458,429
539,747
642,232
461,938
315,050
315,545
244,839
235,635
253,612
225,056
209,751
misc current assets
total current assets
930,864
1,526,474
1,755,924
1,628,655
701,447
798,641
503,767
329,391
353,645
353,513
282,807
273,767
308,865
277,947
275,070
total assets
967,271
1,570,202
1,799,175
1,678,017
766,394
871,030
576,355
416,346
436,523
449,677
373,678
371,253
383,391
335,872
283,353
Bank overdraft
Bank loan
Trade Creditors
697,369
921,838
914,200
1,068,951
514,704
643,067
489,111
336,461
366,907
366,096
274,629
310,190
350,993
318,526
270,945
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
697,369
921,838
914,200
1,068,951
514,704
643,067
489,111
336,461
366,907
366,096
274,629
310,190
350,993
318,526
270,945
loans
hp & lease commitments
Accruals and Deferred Income
13,950
other liabilities
provisions
total long term liabilities
13,950
total liabilities
697,369
921,838
914,200
1,068,951
514,704
643,067
489,111
350,411
366,907
366,096
274,629
310,190
350,993
318,526
270,945
net assets
269,902
648,364
884,975
609,066
251,690
227,963
87,244
65,935
69,616
83,581
99,049
61,063
32,398
17,346
12,408
total shareholders funds
269,902
648,364
884,975
609,066
251,690
227,963
87,244
65,935
69,616
83,581
99,049
61,063
32,398
17,346
12,408
Sep 2023
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
59,400
287,274
757,600
642,195
208,144
325,273
108,621
-4,072
-15,541
-16,869
48,131
36,494
19,144
5,771
16,705
Depreciation
8,134
11,849
15,983
16,348
18,561
17,832
15,611
15,179
16,667
14,427
14,705
12,255
10,838
1,903
Amortisation
Tax
-10,533
-55,423
-144,749
-124,387
-39,595
-62,379
-22,519
-11,346
-9,052
-5,289
-1,920
-4,824
Stock
5,500
10,000
-10,000
-15,000
25,000
Debtors
13,367
-9,327
33,249
3,026
5,291
114,580
-297,562
300,796
627
-164
-17,121
2,362
2,572
40,319
Creditors
-224,469
7,638
-154,751
554,247
-128,363
153,956
152,650
-30,446
811
91,467
-35,561
-40,803
32,467
47,581
270,945
Accruals and Deferred Income
-13,950
13,950
Deferred Taxes & Provisions
Cash flow from operations
-180,835
260,665
440,834
1,079,877
53,456
320,102
527,975
-311,364
-178
91,265
15,815
18,465
56,215
74,698
219,410
Investing Activities
capital expenditure
-813
-12,326
-9,872
-763
-11,119
-17,633
-1,244
-4,077
-1,893
-21,960
-7,812
-37,665
-28,856
-60,480
-10,186
Change in Investments
cash flow from investments
-813
-12,326
-9,872
-763
-11,119
-17,633
-1,244
-4,077
-1,893
-21,960
-7,812
-37,665
-28,856
-60,480
-10,186
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-415,051
-462,968
-331,266
-156,035
-138,133
-115,910
-58,500
-3
3
interest
-12,278
-5,494
-5,676
-4,397
-6,689
-6,265
-6,293
394
1,576
1,401
1,201
1,223
1,197
1,087
524
cash flow from financing
-427,329
-468,462
-336,942
-160,432
-144,822
-122,175
-64,793
391
1,576
1,401
1,201
1,223
1,197
1,087
527
cash and cash equivalents
cash
-608,977
-220,123
94,020
918,682
-102,485
180,294
461,938
-315,050
-495
70,706
9,204
-17,977
28,556
15,305
209,751
overdraft
change in cash
-608,977
-220,123
94,020
918,682
-102,485
180,294
461,938
-315,050
-495
70,706
9,204
-17,977
28,556
15,305
209,751
the heat depot 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 the heat depot limited. Get real-time insights into the heat depot limited's credit score, group structure and payment trends.
Perform a competitor analysis for the heat depot limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in M25 area or any other competitors across 12 key performance metrics.
the heat depot limited Ownership
THE HEAT DEPOT LIMITED group structure
The Heat Depot Limited has no subsidiary companies.
Ultimate parent company
THE HEAT DEPOT LIMITED
05957749
THE HEAT DEPOT LIMITED Shareholders
The largest shareholders in The Heat Depot Limited include J. Lyons and A.J.R. Lyons.
j. lyons
20.83%
a.j.r. lyons
20.83%
j.a. emsley
20.83%
s.f. emsley
20.83%
palmetto investments limited
16.67%
the heat depot limited directors
The Heat Depot Limited currently has 3 directors.
The longest serving directors include
Mr Justin Emsley (Oct 2006) and
Mr Adam Lyons (Oct 2006).
47990 - Other retail sale not in stores, stalls or markets
incorporation date
October 2006
age
19
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
September 2023
previous names
fireplace republic limited (March 2010)
hotprice.co.uk limited (August 2008)
accountant
WARENTS FEINGOLD & CO
auditor
-
address
349 bury old rd, prestwich, manchester, M25 1PY
Bank
-
Legal Advisor
-
the heat depot 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 the heat depot limited.
the heat depot 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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the heat depot limitedCompanies House Filings - See Documents
