heat plumb drain ltd
heat plumb drain ltd Company Information
Company Number
06962889
Next Accounts
Apr 2025
Shareholders
tawanda mudavanhu
marvin sylvester
Group Structure
View All
Industry
Electrical installation
+3Registered Address
innovation centre, maidstone road, chatham, ME5 9FD
Website
nit-softwash.co.ukheat plumb drain ltd Estimated Valuation
Pomanda estimates the enterprise value of HEAT PLUMB DRAIN LTD at £29.5k based on a Turnover of £78.4k and 0.38x industry multiple (adjusted for size and gross margin).
heat plumb drain ltd Estimated Valuation
Pomanda estimates the enterprise value of HEAT PLUMB DRAIN LTD at £228.1k based on an EBITDA of £60.8k and a 3.75x industry multiple (adjusted for size and gross margin).
heat plumb drain ltd Estimated Valuation
Pomanda estimates the enterprise value of HEAT PLUMB DRAIN LTD at £81.8k based on Net Assets of £33.9k and 2.41x industry multiple (adjusted for liquidity).
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Heat Plumb Drain Ltd Overview
Heat Plumb Drain Ltd is a live company located in chatham, ME5 9FD with a Companies House number of 06962889. It operates in the electrical installation sector, SIC Code 43210. Founded in July 2009, it's largest shareholder is tawanda mudavanhu with a 60% stake. Heat Plumb Drain Ltd is a established, micro sized company, Pomanda has estimated its turnover at £78.4k with declining growth in recent years.
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Heat Plumb Drain Ltd Health Check
Pomanda's financial health check has awarded Heat Plumb Drain Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
4 Weak
Size
annual sales of £78.4k, make it smaller than the average company (£2m)
- Heat Plumb Drain Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -40%, show it is growing at a slower rate (7.6%)
- Heat Plumb Drain Ltd
7.6% - Industry AVG
Production
with a gross margin of 27%, this company has a comparable cost of product (27%)
- Heat Plumb Drain Ltd
27% - Industry AVG
Profitability
an operating margin of 77.6% make it more profitable than the average company (6.2%)
- Heat Plumb Drain Ltd
6.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
- Heat Plumb Drain Ltd
12 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Heat Plumb Drain Ltd
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £78.4k, this is less efficient (£141k)
- Heat Plumb Drain Ltd
£141k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is near the average (56 days)
- Heat Plumb Drain Ltd
56 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Heat Plumb Drain Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Heat Plumb Drain Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 80 weeks, this is more cash available to meet short term requirements (23 weeks)
80 weeks - Heat Plumb Drain Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.2%, this is a similar level of debt than the average (60%)
54.2% - Heat Plumb Drain Ltd
60% - Industry AVG
HEAT PLUMB DRAIN LTD financials
Heat Plumb Drain Ltd's latest turnover from July 2023 is estimated at £78.4 thousand and the company has net assets of £33.9 thousand. According to their latest financial statements, we estimate that Heat Plumb Drain Ltd has 1 employee and maintains cash reserves of £62 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 3 | 4 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 55,285 | 58,814 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 510 | 510 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 55,795 | 59,324 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 12,164 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 28,517 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 61,978 | 10,854 | 10,582 | 39,177 | 50,000 | 0 | 0 | 100 | 100 | 14,251 | 51,644 | 9,863 | 100 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 74,142 | 10,854 | 39,099 | 39,177 | 50,000 | 0 | 0 | 100 | 100 | 14,251 | 51,644 | 9,863 | 100 | 0 |
| total assets | 74,142 | 10,854 | 94,894 | 98,501 | 50,000 | 0 | 0 | 100 | 100 | 14,251 | 51,644 | 9,863 | 100 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,511 | 9,946 | 7,953 | 0 | 0 |
| Group/Directors Accounts | 19,327 | 23,887 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 20,877 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 40,204 | 23,887 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,511 | 9,946 | 7,953 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 52,503 | 52,503 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 52,503 | 52,503 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 40,204 | 23,887 | 52,503 | 52,503 | 0 | 0 | 0 | 0 | 0 | 5,511 | 9,946 | 7,953 | 0 | 0 |
| net assets | 33,938 | -13,033 | 42,391 | 45,998 | 50,000 | 0 | 0 | 100 | 100 | 8,740 | 41,698 | 1,910 | 100 | 0 |
| total shareholders funds | 33,938 | -13,033 | 42,391 | 45,998 | 50,000 | 0 | 0 | 100 | 100 | 8,740 | 41,698 | 1,910 | 100 | 0 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 2,785 | 3,529 | 3,754 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 12,164 | -28,517 | 28,517 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,511 | -4,435 | 1,993 | 7,953 | 0 | 0 |
| Accruals and Deferred Income | 20,877 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -4,560 | 23,887 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -52,503 | 0 | 52,503 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 51,124 | 272 | -28,595 | -10,823 | 50,000 | 0 | -100 | 0 | -14,151 | -37,393 | 41,781 | 9,763 | 100 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 51,124 | 272 | -28,595 | -10,823 | 50,000 | 0 | -100 | 0 | -14,151 | -37,393 | 41,781 | 9,763 | 100 | 0 |
heat plumb drain ltd Credit Report and Business Information
Heat Plumb Drain Ltd Competitor Analysis
Perform a competitor analysis for heat plumb drain ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in ME5 area or any other competitors across 12 key performance metrics.
heat plumb drain ltd Ownership
HEAT PLUMB DRAIN LTD group structure
Heat Plumb Drain Ltd has no subsidiary companies.
Ultimate parent company
HEAT PLUMB DRAIN LTD
06962889
heat plumb drain ltd directors
Heat Plumb Drain Ltd currently has 2 directors. The longest serving directors include Mr Tawanda Mudavanhu (Jul 2009) and Mr Marvin Sylvester (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tawanda Mudavanhu | England | 51 years | Jul 2009 | - | Director |
| Mr Marvin Sylvester | England | 46 years | Mar 2023 | - | Director |
P&L
July 2023turnover
78.4k
0%
operating profit
60.8k
0%
gross margin
27%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
33.9k
-3.6%
total assets
74.1k
+5.83%
cash
62k
+4.71%
net assets
Total assets minus all liabilities
Similar Companies
heat plumb drain ltd company details
company number
06962889
Type
Private limited with Share Capital
industry
43210 - Electrical installation
43220 - Plumbing, heat and air-conditioning installation
43320 - Joinery installation
incorporation date
July 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
nit softwash ltd (March 2023)
act68 limited (May 2020)
accountant
TAWANDA GROUP LTD
auditor
-
address
innovation centre, maidstone road, chatham, ME5 9FD
Bank
-
Legal Advisor
-
heat plumb drain 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 heat plumb drain ltd.
heat plumb drain 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.
Click to start generating capital raising & share issue transactions for HEAT PLUMB DRAIN LTD. This can take several minutes, an email will notify you when this has completed.
heat plumb drain ltd Companies House Filings - See Documents
| date | description | view/download |
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