heartware (uk) limited
heartware (uk) limited Company Information
Group Structure
View All
Industry
Other human health activities
Registered Address
building 9 croxley park, hatters lane, watford, herts, WD18 8WW
Website
-heartware (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of HEARTWARE (UK) LIMITED at £1.4m based on a Turnover of £4.3m and 0.31x industry multiple (adjusted for size and gross margin).
heartware (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of HEARTWARE (UK) LIMITED at £230k based on an EBITDA of £95.5k and a 2.41x industry multiple (adjusted for size and gross margin).
heartware (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of HEARTWARE (UK) LIMITED at £0 based on Net Assets of £-1.6m and 2.35x industry multiple (adjusted for liquidity).
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Heartware (uk) Limited Overview
Heartware (uk) Limited is a dissolved company that was located in watford, WD18 8WW with a Companies House number of 07162873. It operated in the other human health activities sector, SIC Code 86900. Founded in February 2010, it's largest shareholder was heartware, inc with a 100% stake. The last turnover for Heartware (uk) Limited was estimated at £4.3m.
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Heartware (uk) Limited Health Check
Pomanda's financial health check has awarded Heartware (Uk) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
9 Weak
Size
annual sales of £4.3m, make it larger than the average company (£659.6k)
£4.3m - Heartware (uk) Limited
£659.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.8%)
2% - Heartware (uk) Limited
4.8% - Industry AVG
Production
with a gross margin of 2.7%, this company has a higher cost of product (35.9%)
2.7% - Heartware (uk) Limited
35.9% - Industry AVG
Profitability
an operating margin of 2.2% make it less profitable than the average company (7.8%)
2.2% - Heartware (uk) Limited
7.8% - Industry AVG
Employees
with 9 employees, this is below the industry average (25)
9 - Heartware (uk) Limited
25 - Industry AVG
Pay Structure
on an average salary of £172.3k, the company has a higher pay structure (£21.2k)
£172.3k - Heartware (uk) Limited
£21.2k - Industry AVG
Efficiency
resulting in sales per employee of £480.2k, this is more efficient (£40.6k)
£480.2k - Heartware (uk) Limited
£40.6k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (20 days)
80 days - Heartware (uk) Limited
20 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Heartware (uk) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 62 days, this is more than average (19 days)
62 days - Heartware (uk) Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (81 weeks)
5 weeks - Heartware (uk) Limited
81 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 174.8%, this is a higher level of debt than the average (30.6%)
174.8% - Heartware (uk) Limited
30.6% - Industry AVG
HEARTWARE (UK) LIMITED financials
Heartware (Uk) Limited's latest turnover from December 2016 is £4.3 million and the company has net assets of -£1.6 million. According to their latest financial statements, Heartware (Uk) Limited has 9 employees and maintains cash reserves of £434.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Feb 2011 | |
|---|---|---|---|---|---|---|---|
| Turnover | 4,321,772 | 6,243,163 | 5,559,947 | 4,049,313 | 3,734,850 | 400,560 | |
| Other Income Or Grants | |||||||
| Cost Of Sales | 4,206,591 | 5,676,471 | 5,175,519 | 3,734,878 | 3,362,350 | 337,739 | |
| Gross Profit | 115,181 | 566,692 | 384,428 | 314,435 | 372,500 | 62,821 | |
| Admin Expenses | 19,638 | 423,100 | 186,830 | ||||
| Operating Profit | 95,543 | 143,592 | 197,598 | ||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | 95,543 | 143,592 | 197,598 | 23,415 | -1,932,437 | -996,267 | |
| Tax | -129,232 | 129,233 | |||||
| Profit After Tax | -33,689 | 272,825 | 197,598 | 23,415 | -1,932,437 | -996,267 | |
| Dividends Paid | |||||||
| Retained Profit | -33,689 | 272,825 | 197,598 | 23,415 | -1,932,437 | -996,267 | |
| Employee Costs | 1,550,308 | 854,847 | 877,990 | 804,630 | 805,473 | 652,200 | |
| Number Of Employees | 9 | 10 | 9 | 5 | 6 | 5 | |
| EBITDA* | 95,543 | 143,592 | 197,598 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Feb 2011 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | |||||||
| Stock & work in progress | 722,477 | 816,294 | 786,735 | 502,905 | 366,386 | ||
| Trade Debtors | 959,033 | 966,758 | 1,144,075 | 663,142 | 1,271,023 | 480,672 | |
| Group Debtors | 40,389 | ||||||
| Misc Debtors | 735 | 129,597 | 3,375 | 7,237 | 4,910 | 99 | |
| Cash | 434,686 | 632,506 | 310,220 | 440,185 | 2,522,517 | 74,274 | |
| misc current assets | |||||||
| total current assets | 2,157,320 | 2,545,155 | 2,244,405 | 1,613,469 | 4,164,836 | 555,045 | |
| total assets | 2,157,320 | 2,545,155 | 2,244,405 | 1,613,469 | 4,164,836 | 555,045 | |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 2,272 | 3,822 | 24,026 | 4,181 | 15,935 | ||
| Group/Directors Accounts | 3,253,147 | 4,126,685 | 4,234,145 | 4,167,867 | 6,802,549 | 1,362,469 | |
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 517,808 | 369,504 | 424,507 | 326,864 | 286,809 | 172,907 | |
| total current liabilities | 3,770,955 | 4,498,461 | 4,662,474 | 4,518,757 | 7,093,539 | 1,551,311 | |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 3,770,955 | 4,498,461 | 4,662,474 | 4,518,757 | 7,093,539 | 1,551,311 | |
| net assets | -1,613,635 | -1,953,306 | -2,418,069 | -2,905,288 | -2,928,703 | -996,266 | |
| total shareholders funds | -1,613,635 | -1,953,306 | -2,418,069 | -2,905,288 | -2,928,703 | -996,266 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Feb 2011 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 95,543 | 143,592 | 197,598 | ||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | -129,232 | 129,233 | |||||
| Stock | -93,817 | 29,559 | 283,830 | 136,519 | 366,386 | ||
| Debtors | -96,198 | -51,095 | 477,071 | -605,554 | 795,162 | 480,771 | |
| Creditors | -2,272 | -1,550 | -20,204 | 19,845 | -11,754 | 15,935 | |
| Accruals and Deferred Income | 148,304 | -55,003 | 97,643 | 40,055 | 113,902 | 172,907 | |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | 302,358 | 237,808 | -485,864 | ||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -873,538 | -107,460 | 66,278 | -2,634,682 | 5,440,080 | 1,362,469 | |
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | -500,178 | 84,478 | 355,899 | -2,634,682 | 5,440,080 | 1,362,470 | |
| cash and cash equivalents | |||||||
| cash | -197,820 | 322,286 | -129,965 | -2,082,332 | 2,448,243 | 74,274 | |
| overdraft | |||||||
| change in cash | -197,820 | 322,286 | -129,965 | -2,082,332 | 2,448,243 | 74,274 |
heartware (uk) limited Credit Report and Business Information
Heartware (uk) Limited Competitor Analysis
Perform a competitor analysis for heartware (uk) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in WD18 area or any other competitors across 12 key performance metrics.
heartware (uk) limited Ownership
HEARTWARE (UK) LIMITED group structure
Heartware (Uk) Limited has no subsidiary companies.
Ultimate parent company
HEARTWARE INTERNATIONAL INC
#0078540
HEARTWARE INC
#0078539
2 parents
HEARTWARE (UK) LIMITED
07162873
heartware (uk) limited directors
Heartware (Uk) Limited currently has 1 director, Mrs Jacqueline Fielding serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jacqueline Fielding | England | 61 years | Feb 2017 | - | Director |
P&L
December 2016turnover
4.3m
-31%
operating profit
95.5k
-33%
gross margin
2.7%
-70.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
-1.6m
-0.17%
total assets
2.2m
-0.15%
cash
434.7k
-0.31%
net assets
Total assets minus all liabilities
heartware (uk) limited company details
company number
07162873
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
February 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2016
previous names
heartware limited (June 2010)
accountant
-
auditor
-
address
building 9 croxley park, hatters lane, watford, herts, WD18 8WW
Bank
-
Legal Advisor
-
heartware (uk) 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 heartware (uk) limited.
heartware (uk) 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.
Click to start generating capital raising & share issue transactions for HEARTWARE (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.
heartware (uk) limited Companies House Filings - See Documents
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