Pomanda estimates the enterprise value of HARRISONS ENERGY SERVICES LTD at £48.7k based on a Turnover of £123k and 0.4x industry multiple (adjusted for size and gross margin).
harrisons energy services ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of HARRISONS ENERGY SERVICES LTD at £0 based on an EBITDA of £-18.1k and a 2.9x industry multiple (adjusted for size and gross margin).
harrisons energy services ltdEstimated Valuation
£78.5k
Pomanda estimates the enterprise value of HARRISONS ENERGY SERVICES LTD at £78.5k based on Net Assets of £36.8k and 2.13x industry multiple (adjusted for liquidity).
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Harrisons Energy Services LtdOverview
Harrisons Energy Services Ltd is a live company located in billingham, TS23 1LW with a Companies House number of 06582892. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2008, it's largest shareholder is
raymod william harrison
with a 100% stake. Harrisons Energy Services Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£123k with
declining
growth in recent years.
Pomanda's financial health check has awarded Harrisons Energy Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £123k, make it smaller than the average company (£4.2m)
£123k - Harrisons Energy Services Ltd
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (9%)
-24% - Harrisons Energy Services Ltd
9% - Industry AVG
Production
with a gross margin of 17.1%, this company has a higher cost of product (37.9%)
17.1% - Harrisons Energy Services Ltd
37.9% - Industry AVG
Profitability
an operating margin of -14.7% make it less profitable than the average company (5.6%)
-14.7% - Harrisons Energy Services Ltd
5.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (25)
2 - Harrisons Energy Services Ltd
25 - Industry AVG
Pay Structure
on an average salary of £50.7k, the company has an equivalent pay structure (£50.7k)
£50.7k - Harrisons Energy Services Ltd
£50.7k - Industry AVG
Efficiency
resulting in sales per employee of £61.5k, this is less efficient (£156k)
£61.5k - Harrisons Energy Services Ltd
£156k - Industry AVG
Debtor Days
it gets paid by customers after 116 days, this is later than average (38 days)
116 days - Harrisons Energy Services Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (31 days)
9 days - Harrisons Energy Services Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Harrisons Energy Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Harrisons Energy Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.9%, this is a lower level of debt than the average (60.2%)
6.9% - Harrisons Energy Services Ltd
60.2% - Industry AVG
HARRISONS ENERGY SERVICES LTD financials
EXPORT
Harrisons Energy Services Ltd's latest turnover from April 2024 is estimated at £123 thousand and the company has net assets of £36.8 thousand. According to their latest financial statements, Harrisons Energy Services Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
123,044
146,152
164,926
274,994
402,539
471,357
440,207
399,492
99,676
7,883
4,769
13,954
15,457
20,214
16,579
Other Income Or Grants
Cost Of Sales
101,949
120,422
137,648
232,315
333,749
391,912
366,326
329,373
82,392
6,585
3,988
11,618
12,755
16,500
13,326
Gross Profit
21,095
25,731
27,278
42,678
68,790
79,445
73,881
70,119
17,284
1,298
781
2,336
2,702
3,714
3,253
Admin Expenses
39,206
41,344
86,916
92,121
47,081
56,994
44,995
-9,078
-50,906
4,190
5,659
4,122
6,480
-1,069
-11,838
Operating Profit
-18,111
-15,613
-59,638
-49,443
21,709
22,451
28,886
79,197
68,190
-2,892
-4,878
-1,786
-3,778
4,783
15,091
Interest Payable
Interest Receivable
109
227
24
54
88
115
121
55
Pre-Tax Profit
-18,111
-15,613
-59,638
-49,443
21,709
22,451
28,886
79,306
68,418
-2,868
-4,824
-1,698
-3,663
4,904
15,146
Tax
-4,125
-4,266
-5,488
-15,068
-13,683
-1,275
-4,241
Profit After Tax
-18,111
-15,613
-59,638
-49,443
17,584
18,185
23,398
64,238
54,734
-2,868
-4,824
-1,698
-3,663
3,629
10,905
Dividends Paid
Retained Profit
-18,111
-15,613
-59,638
-49,443
17,584
18,185
23,398
64,238
54,734
-2,868
-4,824
-1,698
-3,663
3,629
10,905
Employee Costs
101,330
96,629
91,607
85,756
84,970
83,198
78,400
76,677
38,365
38,128
38,211
37,277
37,221
36,363
35,797
Number Of Employees
2
2
2
2
2
2
2
2
1
1
1
1
1
1
1
EBITDA*
-18,111
-15,613
-59,638
-49,443
21,709
22,451
28,886
79,197
68,390
-2,777
-4,734
-1,606
-3,553
5,064
15,091
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
428
504
593
698
821
966
1,136
1,336
802
459
574
718
898
1,123
654
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
428
504
593
698
821
966
1,136
1,336
802
459
574
718
898
1,123
654
Stock & work in progress
Trade Debtors
39,124
55,586
70,732
130,691
193,461
177,864
167,150
144,805
420
990
1,032
1,412
1,220
Group Debtors
Misc Debtors
Cash
87,289
3,552
6,027
15,762
19,265
26,724
21,801
misc current assets
total current assets
39,124
55,586
70,732
130,691
193,461
177,864
167,150
144,805
87,289
3,552
6,447
16,752
20,297
28,136
23,021
total assets
39,552
56,090
71,325
131,389
194,282
178,830
168,286
146,141
88,091
4,011
7,021
17,470
21,195
29,259
23,675
Bank overdraft
Bank loan
Trade Creditors
2,737
1,164
786
1,212
14,662
16,794
24,435
25,688
31,875
2,529
2,671
8,296
10,323
14,724
12,769
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
2,737
1,164
786
1,212
14,662
16,794
24,435
25,688
31,875
2,529
2,671
8,296
10,323
14,724
12,769
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
2,737
1,164
786
1,212
14,662
16,794
24,435
25,688
31,875
2,529
2,671
8,296
10,323
14,724
12,769
net assets
36,815
54,926
70,539
130,177
179,620
162,036
143,851
120,453
56,216
1,482
4,350
9,174
10,872
14,535
10,906
total shareholders funds
36,815
54,926
70,539
130,177
179,620
162,036
143,851
120,453
56,216
1,482
4,350
9,174
10,872
14,535
10,906
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
-18,111
-15,613
-59,638
-49,443
21,709
22,451
28,886
79,197
68,190
-2,892
-4,878
-1,786
-3,778
4,783
15,091
Depreciation
200
115
144
180
225
281
Amortisation
Tax
-4,125
-4,266
-5,488
-15,068
-13,683
-1,275
-4,241
Stock
Debtors
-16,462
-15,146
-59,959
-62,770
15,597
10,714
22,345
144,805
-420
-570
-42
-380
192
1,220
Creditors
1,573
378
-426
-13,450
-2,132
-7,641
-1,253
-6,187
29,346
-142
-5,625
-2,027
-4,401
1,955
12,769
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-76
-89
-105
-123
-145
-170
-200
-86,863
84,053
-2,499
-9,789
-3,591
-7,574
5,552
22,399
Investing Activities
capital expenditure
76
89
105
123
145
170
200
-534
-543
-750
-654
Change in Investments
cash flow from investments
76
89
105
123
145
170
200
-534
-543
-750
-654
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
-1
1
interest
109
227
24
54
88
115
121
55
cash flow from financing
108
227
24
54
88
115
121
56
cash and cash equivalents
cash
-87,289
83,737
-2,475
-9,735
-3,503
-7,459
4,923
21,801
overdraft
change in cash
-87,289
83,737
-2,475
-9,735
-3,503
-7,459
4,923
21,801
harrisons energy services ltd 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 harrisons energy services ltd. Get real-time insights into harrisons energy services ltd's credit score, group structure and payment trends.
Perform a competitor analysis for harrisons energy services ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in TS23 area or any other competitors across 12 key performance metrics.
harrisons energy services ltd Ownership
HARRISONS ENERGY SERVICES LTD group structure
Harrisons Energy Services Ltd has no subsidiary companies.
Ultimate parent company
HARRISONS ENERGY SERVICES LTD
06582892
HARRISONS ENERGY SERVICES LTD Shareholders
The sole shareholder of Harrisons Energy Services Ltd is Raymod William Harrison.
raymod william harrison
100%
harrisons energy services ltd directors
Harrisons Energy Services Ltd currently has 1 director, Mr Raymond Harrison serving since May 2008.
82990 - Other business support service activities n.e.c.
incorporation date
May 2008
age
17
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
82 central avenue, billingham, TS23 1LW
Bank
-
Legal Advisor
-
harrisons energy services ltd 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 harrisons energy services ltd.
harrisons energy services ltd 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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harrisons energy services ltdCompanies House Filings - See Documents
