industratech limited

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industratech limited Company Information

Share INDUSTRATECH LIMITED

Company Number

06709757

Shareholders

anna hackett

richard john hackett

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Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

unit 6 forge trading estate,, mucklow hill, halesowen, west midlands, B62 8TP

industratech limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of INDUSTRATECH LIMITED at £1.2m based on a Turnover of £2.5m and 0.49x industry multiple (adjusted for size and gross margin).

industratech limited Estimated Valuation

£39.6k

Pomanda estimates the enterprise value of INDUSTRATECH LIMITED at £39.6k based on an EBITDA of £11.1k and a 3.58x industry multiple (adjusted for size and gross margin).

industratech limited Estimated Valuation

£217.7k

Pomanda estimates the enterprise value of INDUSTRATECH LIMITED at £217.7k based on Net Assets of £99.1k and 2.2x industry multiple (adjusted for liquidity).

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Industratech Limited Overview

Industratech Limited is a live company located in halesowen, B62 8TP with a Companies House number of 06709757. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in September 2008, it's largest shareholder is anna hackett with a 25% stake. Industratech Limited is a established, small sized company, Pomanda has estimated its turnover at £2.5m with healthy growth in recent years.

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Industratech Limited Health Check

Pomanda's financial health check has awarded Industratech Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £2.5m, make it larger than the average company (£1.8m)

£2.5m - Industratech Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.2%)

8% - Industratech Limited

6.2% - Industry AVG

production

Production

with a gross margin of 24.4%, this company has a higher cost of product (45%)

24.4% - Industratech Limited

45% - Industry AVG

profitability

Profitability

an operating margin of 0.4% make it less profitable than the average company (5.9%)

0.4% - Industratech Limited

5.9% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (18)

7 - Industratech Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.6k, the company has an equivalent pay structure (£49.6k)

£49.6k - Industratech Limited

£49.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £358k, this is more efficient (£117.3k)

£358k - Industratech Limited

£117.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 158 days, this is later than average (56 days)

158 days - Industratech Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 142 days, this is slower than average (32 days)

142 days - Industratech Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Industratech Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Industratech Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91%, this is a higher level of debt than the average (52.7%)

91% - Industratech Limited

52.7% - Industry AVG

INDUSTRATECH LIMITED financials

EXPORTms excel logo

Industratech Limited's latest turnover from September 2023 is estimated at £2.5 million and the company has net assets of £99.1 thousand. According to their latest financial statements, Industratech Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover2,506,059681,255860,7402,009,209562,077629,606906,330601,914537,664633,640655,980494,47179,74626,8240
Other Income Or Grants000000000000000
Cost Of Sales1,895,510520,387662,4741,486,324413,546465,372660,913437,253390,717464,139476,063349,53057,02218,8110
Gross Profit610,549160,868198,266522,884148,531164,234245,417164,661146,946169,501179,917144,94222,7258,0130
Admin Expenses599,484162,573243,864448,248132,237164,424177,136182,584166,610170,506187,06386,54317,396-1,537270
Operating Profit11,065-1,705-45,59874,63616,294-19068,281-17,923-19,664-1,005-7,14658,3995,3299,550-270
Interest Payable000000000000000
Interest Receivable00000000464602861330
Pre-Tax Profit11,065-1,705-45,59874,63616,294-19068,281-17,923-19,618-959-7,14658,4265,3899,583-270
Tax-2,76600-14,181-3,0960-12,9730000-14,022-1,401-2,6830
Profit After Tax8,299-1,705-45,59860,45513,198-19055,308-17,923-19,618-959-7,14644,4043,9886,900-270
Dividends Paid000000000000000
Retained Profit8,299-1,705-45,59860,45513,198-19055,308-17,923-19,618-959-7,14644,4043,9886,900-270
Employee Costs347,305328,336319,125218,918178,230175,274212,536170,806130,685168,628165,404120,16838,67938,1210
Number Of Employees777544543443110
EBITDA*11,065-1,705-45,59874,63616,294-19068,281-17,923-16,4582,289-4,27161,2435,3299,550-270

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets11,57414,16312,39113,12515,0897,3919,3838,96411,46011,3599,08411,376000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets11,57414,16312,39113,12515,0897,3919,3838,96411,46011,3599,08411,376000
Stock & work in progress000000000000000
Trade Debtors1,090,782281,382374,086887,996225,046252,432287,055167,933148,322172,968178,727135,64221,5576,3980
Group Debtors000000000000000
Misc Debtors000000000000000
Cash00000000018,4660011,00613,2225
misc current assets000000000000000
total current assets1,090,782281,382374,086887,996225,046252,432287,055167,933148,322191,434178,727135,64232,56319,6205
total assets1,102,356295,545386,477901,121240,135259,823296,438176,897159,782202,793187,811147,01832,56319,6205
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 738,766109,452163,418532,963150,759193,925229,971165,526127,564148,555130,64679,82721,94312,988274
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities738,766109,452163,418532,963150,759193,925229,971165,526127,564148,555130,64679,82721,94312,988274
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities261,55492,558128,156227,5178,817002022,6255,0477,4709,892000
provisions2,8932,6912,3542,4942,8671,4041,7831,7932,2922,2721,8172,275000
total long term liabilities264,44795,249130,510230,01111,6841,4041,7831,9954,9177,3199,28712,167000
total liabilities1,003,213204,701293,928762,974162,443195,329231,754167,521132,481155,874139,93391,99421,94312,988274
net assets99,14390,84492,549138,14777,69264,49464,6849,37627,30146,91947,87855,02410,6206,632-269
total shareholders funds99,14390,84492,549138,14777,69264,49464,6849,37627,30146,91947,87855,02410,6206,632-269
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit11,065-1,705-45,59874,63616,294-19068,281-17,923-19,664-1,005-7,14658,3995,3299,550-270
Depreciation000000003,2063,2942,8752,844000
Amortisation000000000000000
Tax-2,76600-14,181-3,0960-12,9730000-14,022-1,401-2,6830
Stock000000000000000
Debtors809,400-92,704-513,910662,950-27,386-34,623119,12219,611-24,646-5,75943,085114,08515,1596,3980
Creditors629,314-53,966-369,545382,204-43,166-36,04664,44537,962-20,99117,90950,81957,8848,95512,714274
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions202337-140-3731,463-379-10-49920455-4582,275000
Cash flow from operations-171,58537,37098,627-220,664-1,119-1,992621-71-12,78326,4123,005-6,705-2,27613,1834
Investing Activities
capital expenditure2,589-1,7727341,964-7,6981,992-4192,496-3,307-5,569-583-14,220000
Change in Investments000000000000000
cash flow from investments2,589-1,7727341,964-7,6981,992-4192,496-3,307-5,569-583-14,220000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities168,996-35,598-99,361218,7008,8170-202-2,423-2,422-2,423-2,4229,892000
share issue0000000-20000011
interest00000000464602861330
cash flow from financing168,996-35,598-99,361218,7008,8170-202-2,425-2,376-2,377-2,4229,92061341
cash and cash equivalents
cash00000000-18,46618,4660-11,006-2,21613,2175
overdraft000000000000000
change in cash00000000-18,46618,4660-11,006-2,21613,2175

industratech 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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Industratech Limited Competitor Analysis

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Perform a competitor analysis for industratech limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in B62 area or any other competitors across 12 key performance metrics.

industratech limited Ownership

INDUSTRATECH LIMITED group structure

Industratech Limited has no subsidiary companies.

Ultimate parent company

INDUSTRATECH LIMITED

06709757

INDUSTRATECH LIMITED Shareholders

anna hackett 25%
richard john hackett 25%
katy hackett 25%
michael hackett 25%

industratech limited directors

Industratech Limited currently has 2 directors. The longest serving directors include Mr Richard Hackett (Sep 2008) and Mr Michael Hackett (Sep 2010).

officercountryagestartendrole
Mr Richard HackettUnited Kingdom43 years Sep 2008- Director
Mr Michael HackettEngland40 years Sep 2010- Director

P&L

September 2023

turnover

2.5m

+268%

operating profit

11.1k

0%

gross margin

24.4%

+3.17%

turnover

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

Balance Sheet

September 2023

net assets

99.1k

+0.09%

total assets

1.1m

+2.73%

cash

0

0%

net assets

Total assets minus all liabilities

industratech limited company details

company number

06709757

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

September 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

unit 6 forge trading estate,, mucklow hill, halesowen, west midlands, B62 8TP

Bank

-

Legal Advisor

-

industratech 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 2 charges/mortgages relating to industratech limited. Currently there are 2 open charges and 0 have been satisfied in the past.

industratech 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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industratech limited Companies House Filings - See Documents

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