hogg blasting & finishing equipment limited Company Information
Company Number
06348827
Website
http://sfeg.co.ukRegistered Address
4 kelbrook road, openshaw, manchester, M11 2QA
Industry
Casting of iron
Telephone
01914153030
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
surface finishing equipment group ltd 100%
hogg blasting & finishing equipment limited Estimated Valuation
Pomanda estimates the enterprise value of HOGG BLASTING & FINISHING EQUIPMENT LIMITED at £1.1m based on a Turnover of £3.2m and 0.35x industry multiple (adjusted for size and gross margin).
hogg blasting & finishing equipment limited Estimated Valuation
Pomanda estimates the enterprise value of HOGG BLASTING & FINISHING EQUIPMENT LIMITED at £1.9m based on an EBITDA of £634k and a 2.93x industry multiple (adjusted for size and gross margin).
hogg blasting & finishing equipment limited Estimated Valuation
Pomanda estimates the enterprise value of HOGG BLASTING & FINISHING EQUIPMENT LIMITED at £2.7m based on Net Assets of £1.9m and 1.4x industry multiple (adjusted for liquidity).
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Hogg Blasting & Finishing Equipment Limited Overview
Hogg Blasting & Finishing Equipment Limited is a live company located in manchester, M11 2QA with a Companies House number of 06348827. It operates in the casting of iron sector, SIC Code 24510. Founded in August 2007, it's largest shareholder is surface finishing equipment group ltd with a 100% stake. Hogg Blasting & Finishing Equipment Limited is a established, small sized company, Pomanda has estimated its turnover at £3.2m with declining growth in recent years.
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Hogg Blasting & Finishing Equipment Limited Health Check
Pomanda's financial health check has awarded Hogg Blasting & Finishing Equipment Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£32.8m)
- Hogg Blasting & Finishing Equipment Limited
£32.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (11.4%)
- Hogg Blasting & Finishing Equipment Limited
11.4% - Industry AVG
Production
with a gross margin of 13.5%, this company has a comparable cost of product (13.5%)
- Hogg Blasting & Finishing Equipment Limited
13.5% - Industry AVG
Profitability
an operating margin of 16.9% make it more profitable than the average company (3.7%)
- Hogg Blasting & Finishing Equipment Limited
3.7% - Industry AVG
Employees
with 17 employees, this is below the industry average (198)
17 - Hogg Blasting & Finishing Equipment Limited
198 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
- Hogg Blasting & Finishing Equipment Limited
£40k - Industry AVG
Efficiency
resulting in sales per employee of £187.3k, this is more efficient (£153.8k)
- Hogg Blasting & Finishing Equipment Limited
£153.8k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (65 days)
- Hogg Blasting & Finishing Equipment Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 67 days, this is slower than average (55 days)
- Hogg Blasting & Finishing Equipment Limited
55 days - Industry AVG
Stock Days
it holds stock equivalent to 64 days, this is more than average (49 days)
- Hogg Blasting & Finishing Equipment Limited
49 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (9 weeks)
51 weeks - Hogg Blasting & Finishing Equipment Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.5%, this is a lower level of debt than the average (70.2%)
29.5% - Hogg Blasting & Finishing Equipment Limited
70.2% - Industry AVG
HOGG BLASTING & FINISHING EQUIPMENT LIMITED financials
Hogg Blasting & Finishing Equipment Limited's latest turnover from December 2023 is estimated at £3.2 million and the company has net assets of £1.9 million. According to their latest financial statements, Hogg Blasting & Finishing Equipment Limited has 17 employees and maintains cash reserves of £724.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 4,559,363 | 4,154,840 | |||||||||||||
Other Income Or Grants | 0 | 0 | |||||||||||||
Cost Of Sales | 2,865,286 | 2,611,862 | |||||||||||||
Gross Profit | 1,694,077 | 1,542,978 | |||||||||||||
Admin Expenses | 1,243,846 | 1,018,255 | |||||||||||||
Operating Profit | 450,231 | 524,723 | |||||||||||||
Interest Payable | 44,984 | 42,479 | |||||||||||||
Interest Receivable | 0 | 0 | |||||||||||||
Pre-Tax Profit | 405,247 | 482,244 | |||||||||||||
Tax | -90,008 | -94,186 | |||||||||||||
Profit After Tax | 315,239 | 388,058 | |||||||||||||
Dividends Paid | 202,606 | 301,150 | |||||||||||||
Retained Profit | 112,633 | 86,908 | |||||||||||||
Employee Costs | 708,474 | 646,358 | |||||||||||||
Number Of Employees | 17 | 17 | 19 | 20 | 20 | 18 | 18 | 23 | 21 | 20 | |||||
EBITDA* | 564,676 | 685,768 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 203,565 | 202,228 | 199,853 | 107,693 | 144,386 | 190,780 | 252,538 | 201,553 | 238,568 | 252,870 | 198,213 | 209,403 | 154,374 | 100,944 | 126,741 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63,472 | 126,945 | 153,429 | 179,913 | 206,397 |
Investments & Other | 0 | 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 | 0 |
Total Fixed Assets | 203,565 | 202,228 | 199,853 | 107,693 | 144,386 | 190,780 | 252,538 | 201,553 | 238,568 | 252,870 | 261,685 | 336,348 | 307,803 | 280,857 | 333,138 |
Stock & work in progress | 484,521 | 566,797 | 429,219 | 447,049 | 386,045 | 264,128 | 320,909 | 324,586 | 396,240 | 323,774 | 355,658 | 359,732 | 247,743 | 268,684 | 211,075 |
Trade Debtors | 731,384 | 801,661 | 577,564 | 573,567 | 629,782 | 659,085 | 841,751 | 684,102 | 919,312 | 732,028 | 1,073,075 | 974,398 | 820,532 | 819,057 | 504,154 |
Group Debtors | 494,352 | 299,106 | 318,727 | 469,278 | 480,660 | 353,759 | 353,934 | 342,508 | 362,986 | 290,372 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 47,013 | 140,785 | 148,942 | 229,424 | 168,368 | 275,060 | 145,104 | 131,928 | 77,231 | 33,631 | 0 | 0 | 0 | 0 | 0 |
Cash | 724,474 | 571,572 | 177,904 | 847,679 | 11,815 | 19,254 | 31,762 | 11,162 | 1,794 | 5,893 | 6,587 | 35,620 | 0 | 24,371 | 992 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,481,744 | 2,379,921 | 1,652,356 | 2,566,997 | 1,676,670 | 1,571,286 | 1,693,460 | 1,494,286 | 1,757,563 | 1,385,698 | 1,435,320 | 1,369,750 | 1,068,275 | 1,112,112 | 716,221 |
total assets | 2,685,309 | 2,582,149 | 1,852,209 | 2,674,690 | 1,821,056 | 1,762,066 | 1,945,998 | 1,695,839 | 1,996,131 | 1,638,568 | 1,697,005 | 1,706,098 | 1,376,078 | 1,392,969 | 1,049,359 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,030 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 40,562 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 506,044 | 553,465 | 382,209 | 661,692 | 486,560 | 382,396 | 402,940 | 329,920 | 494,468 | 384,072 | 1,279,763 | 1,270,040 | 1,076,533 | 1,054,081 | 768,637 |
Group/Directors Accounts | 42,156 | 44,820 | 13,797 | 0 | 0 | 0 | 0 | 0 | 424 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 249,354 | 502,443 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 14,074 | 16,653 | 22,563 | 17,910 | 22,020 | 28,964 | 36,213 | 41,101 | 32,765 | 26,161 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 175,941 | 427,153 | 310,125 | 552,227 | 468,378 | 481,751 | 724,445 | 337,717 | 356,558 | 737,372 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 738,215 | 1,042,091 | 728,694 | 1,272,391 | 976,958 | 893,111 | 1,163,598 | 958,092 | 1,386,658 | 1,180,635 | 1,279,763 | 1,270,040 | 1,076,533 | 1,054,081 | 768,637 |
loans | 0 | 0 | 0 | 339,438 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 25,711 | 40,391 | 56,845 | 11,378 | 24,113 | 45,569 | 26,847 | 32,565 | 39,586 | 276 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 2,098 | 26,049 | 0 | 0 | 63,853 | 141,674 | 127,400 | 202,934 | 179,676 |
provisions | 27,867 | 34,838 | 25,017 | 9,486 | 11,360 | 23,359 | 36,809 | 25,725 | 29,671 | 30,074 | 12,714 | 15,638 | 7,318 | 9,310 | 10,706 |
total long term liabilities | 53,578 | 75,229 | 81,862 | 360,302 | 35,473 | 68,928 | 65,754 | 84,339 | 69,257 | 30,350 | 76,567 | 157,312 | 134,718 | 212,244 | 190,382 |
total liabilities | 791,793 | 1,117,320 | 810,556 | 1,632,693 | 1,012,431 | 962,039 | 1,229,352 | 1,042,431 | 1,455,915 | 1,210,985 | 1,356,330 | 1,427,352 | 1,211,251 | 1,266,325 | 959,019 |
net assets | 1,893,516 | 1,464,829 | 1,041,653 | 1,041,997 | 808,625 | 800,027 | 716,646 | 653,408 | 540,216 | 427,583 | 340,675 | 278,746 | 164,827 | 126,644 | 90,340 |
total shareholders funds | 1,893,516 | 1,464,829 | 1,041,653 | 1,041,997 | 808,625 | 800,027 | 716,646 | 653,408 | 540,216 | 427,583 | 340,675 | 278,746 | 164,827 | 126,644 | 90,340 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 450,231 | 524,723 | |||||||||||||
Depreciation | 94,782 | 77,470 | 63,682 | 42,871 | 83,316 | 106,717 | 91,555 | 126,580 | 114,445 | 97,573 | 96,805 | 74,008 | 68,446 | 50,060 | 39,321 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63,472 | 63,423 | 26,484 | 26,484 | 26,484 | 26,490 |
Tax | -90,008 | -94,186 | |||||||||||||
Stock | -82,276 | 137,578 | -17,830 | 61,004 | 121,917 | -56,781 | -3,677 | -71,654 | 72,466 | -31,884 | -4,074 | 111,989 | -20,941 | 57,609 | 211,075 |
Debtors | 31,197 | 196,319 | -227,036 | -6,541 | -9,094 | -52,885 | 182,251 | -200,991 | 303,498 | -17,044 | 98,677 | 153,866 | 1,475 | 314,903 | 504,154 |
Creditors | -47,421 | 171,256 | -279,483 | 175,132 | 104,164 | -20,544 | 73,020 | -164,548 | 110,396 | -895,691 | 9,723 | 193,507 | 22,452 | 285,444 | 768,637 |
Accruals and Deferred Income | -251,212 | 117,028 | -242,102 | 83,849 | -13,373 | -242,694 | 386,728 | -18,841 | -380,814 | 737,372 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -6,971 | 9,821 | 15,531 | -1,874 | -11,999 | -13,450 | 11,084 | -3,946 | -403 | 17,360 | -2,924 | 8,320 | -1,992 | -1,396 | 10,706 |
Cash flow from operations | -172,117 | 499,551 | |||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | -40,562 | 40,562 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -2,664 | 31,023 | 13,797 | 0 | 0 | 0 | 0 | -424 | 424 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -249,354 | -253,089 | 502,443 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | -339,438 | 339,438 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -17,259 | -22,364 | 50,120 | -16,845 | -28,400 | 11,473 | -10,606 | 1,315 | 45,914 | 26,437 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | -2,098 | -23,951 | 26,049 | 0 | -63,853 | -77,821 | 14,274 | -75,534 | 23,258 | 179,676 |
share issue | |||||||||||||||
interest | -44,984 | -42,479 | |||||||||||||
cash flow from financing | 503,797 | -79,895 | |||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 152,902 | 393,668 | -669,775 | 835,864 | -7,439 | -12,508 | 20,600 | 9,368 | -4,099 | -694 | -29,033 | 35,620 | -24,371 | 23,379 | 992 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -33,030 | 33,030 | 0 | 0 | 0 | 0 | 0 |
change in cash | 152,902 | 393,668 | -669,775 | 835,864 | -7,439 | -12,508 | 20,600 | 9,368 | 28,931 | -33,724 | -29,033 | 35,620 | -24,371 | 23,379 | 992 |
hogg blasting & finishing equipment limited Credit Report and Business Information
Hogg Blasting & Finishing Equipment Limited Competitor Analysis
Perform a competitor analysis for hogg blasting & finishing equipment limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in M11 area or any other competitors across 12 key performance metrics.
hogg blasting & finishing equipment limited Ownership
HOGG BLASTING & FINISHING EQUIPMENT LIMITED group structure
Hogg Blasting & Finishing Equipment Limited has no subsidiary companies.
Ultimate parent company
COP GRAND RAPIDS INVESTMENT LLC
#0157972
2 parents
HOGG BLASTING & FINISHING EQUIPMENT LIMITED
06348827
hogg blasting & finishing equipment limited directors
Hogg Blasting & Finishing Equipment Limited currently has 7 directors. The longest serving directors include Mr Michael Currie (Oct 2021) and Ms Katherine Yang (Oct 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Currie | United States | 51 years | Oct 2021 | - | Director |
Ms Katherine Yang | United States | 40 years | Oct 2021 | - | Director |
Ms Katherine Yang | United States | 40 years | Oct 2021 | - | Director |
Mr John Dodge | England | 49 years | Sep 2022 | - | Director |
Mrs Claire Twibell | England | 52 years | Dec 2023 | - | Director |
Mr Sean Wieland | United States | 39 years | Feb 2024 | - | Director |
Mr Christopher Pierce | United States | 46 years | Feb 2024 | - | Director |
P&L
December 2023turnover
3.2m
-2%
operating profit
539.2k
0%
gross margin
13.5%
+3.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.9m
+0.29%
total assets
2.7m
+0.04%
cash
724.5k
+0.27%
net assets
Total assets minus all liabilities
hogg blasting & finishing equipment limited company details
company number
06348827
Type
Private limited with Share Capital
industry
24510 - Casting of iron
incorporation date
August 2007
age
17
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
fhs21 limited (November 2007)
accountant
SUMER AUDITCO LTD
auditor
-
address
4 kelbrook road, openshaw, manchester, M11 2QA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
hogg blasting & finishing equipment 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 hogg blasting & finishing equipment limited. Currently there are 0 open charges and 3 have been satisfied in the past.
hogg blasting & finishing equipment limited Companies House Filings - See Documents
date | description | view/download |
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