Pomanda estimates the enterprise value of H2GOGO INDUSTRIES LIMITED at £106.8k based on a Turnover of £228k and 0.47x industry multiple (adjusted for size and gross margin).
h2gogo industries limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of H2GOGO INDUSTRIES LIMITED at £0 based on an EBITDA of £-11.6k and a 3.48x industry multiple (adjusted for size and gross margin).
h2gogo industries limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of H2GOGO INDUSTRIES LIMITED at £0 based on Net Assets of £-377.5k and 1.81x industry multiple (adjusted for liquidity).
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H2gogo Industries LimitedOverview
H2gogo Industries Limited is a live company located in maidstone, ME18 5LW with a Companies House number of 07942887. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in February 2012, it's largest shareholder is
advanced hydrogen technologies group limited
with a 100% stake. H2gogo Industries Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£228k with
declining
growth in recent years.
Pomanda's financial health check has awarded H2Gogo Industries Limited 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
3 Regular
8 Weak
Size
annual sales of £228k, make it smaller than the average company (£14.3m)
£228k - H2gogo Industries Limited
£14.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (8%)
-23% - H2gogo Industries Limited
8% - Industry AVG
Production
with a gross margin of 29.3%, this company has a comparable cost of product (29.3%)
29.3% - H2gogo Industries Limited
29.3% - Industry AVG
Profitability
an operating margin of -6.3% make it less profitable than the average company (6.1%)
-6.3% - H2gogo Industries Limited
6.1% - Industry AVG
Employees
with 5 employees, this is below the industry average (79)
5 - H2gogo Industries Limited
79 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
£41.2k - H2gogo Industries Limited
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £45.6k, this is less efficient (£167.6k)
£45.6k - H2gogo Industries Limited
£167.6k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (59 days)
2 days - H2gogo Industries Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (45 days)
3 days - H2gogo Industries Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 67 days, this is in line with average (72 days)
67 days - H2gogo Industries Limited
72 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - H2gogo Industries Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 621%, this is a higher level of debt than the average (45.1%)
621% - H2gogo Industries Limited
45.1% - Industry AVG
H2GOGO INDUSTRIES LIMITED financials
EXPORT
H2Gogo Industries Limited's latest turnover from December 2023 is estimated at £228 thousand and the company has net assets of -£377.5 thousand. According to their latest financial statements, H2Gogo Industries Limited has 5 employees and maintains cash reserves of £3.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Turnover
227,974
207,622
218,679
146,634
491,620
629,162
563,828
166,933
126,727
81,865
27,022
83,166
Other Income Or Grants
Cost Of Sales
161,212
146,475
154,120
103,301
345,306
442,158
389,316
114,594
87,096
56,649
18,732
57,944
Gross Profit
66,762
61,147
64,560
43,333
146,313
187,004
174,512
52,338
39,631
25,216
8,290
25,222
Admin Expenses
81,049
386,525
268,443
-32,294
263,039
234,922
189,357
-9,134
67,398
51,640
46,103
164,305
Operating Profit
-14,287
-325,378
-203,883
75,627
-116,726
-47,918
-14,845
61,472
-27,767
-26,424
-37,813
-139,083
Interest Payable
3,434
1,555
1,183
320
480
460
312
Interest Receivable
1,886
1,432
48
7
Pre-Tax Profit
-15,835
-325,500
-205,018
75,633
-116,726
-47,918
-14,845
61,153
-28,247
-26,884
-38,125
-139,083
Tax
-14,370
-12,230
Profit After Tax
-15,835
-325,500
-205,018
61,263
-116,726
-47,918
-14,845
48,922
-28,247
-26,884
-38,125
-139,083
Dividends Paid
Retained Profit
-15,835
-325,500
-205,018
61,263
-116,726
-47,918
-14,845
48,922
-28,247
-26,884
-38,125
-139,083
Employee Costs
206,219
195,591
220,110
71,682
144,760
103,411
101,722
66,427
65,230
31,839
31,425
30,650
Number Of Employees
5
5
6
2
4
3
3
2
2
1
1
1
EBITDA*
-11,607
-323,144
-203,338
76,460
-116,705
-47,680
-14,607
61,690
-27,767
-26,424
-37,813
-139,083
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Tangible Assets
5,108
7,788
2,022
1,667
21
259
497
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
2,243
4,485
Total Fixed Assets
5,108
7,788
2,022
1,667
2,264
4,744
497
Stock & work in progress
30,000
20,000
20,000
20,000
20,000
153,000
153,000
11,200
4,512
6,530
1,500
Trade Debtors
1,464
1,896
1,764
10,787
18,528
24,386
22,057
23,142
15,550
4,550
7,569
Group Debtors
Misc Debtors
32,635
10,682
21,965
11,068
Cash
3,246
68,592
5,907
13,256
misc current assets
total current assets
67,345
101,170
49,636
44,043
38,528
177,386
175,057
34,342
20,062
11,080
12,568
7,569
total assets
72,453
108,958
51,658
45,710
38,528
179,650
179,801
34,839
20,062
11,080
12,568
7,569
Bank overdraft
10,224
4,555
9,600
Bank loan
4,407
4,407
4,455
Trade Creditors
1,385
5,044
6,725
44,340
268,312
338,141
290,374
67,067
54,513
41,754
8,843
28,963
Group/Directors Accounts
414,451
421,424
other short term finances
hp & lease commitments
37,500
45,433
other current liabilities
5,761
11,392
89,683
6,475
2,674
5,145
total current liabilities
426,004
442,267
100,863
81,840
313,745
338,141
290,374
67,067
71,212
48,983
23,588
28,963
loans
23,914
28,321
31,943
hp & lease commitments
Accruals and Deferred Income
other liabilities
160,000
87,589
87,589
87,589
151,089
181,089
166,089
166,088
117,589
provisions
total long term liabilities
23,914
28,321
191,943
87,589
87,589
87,589
151,089
181,089
166,089
166,088
117,589
total liabilities
449,918
470,588
292,806
81,840
401,334
425,730
377,963
218,156
252,301
215,072
189,676
146,552
net assets
-377,465
-361,630
-241,148
-36,130
-362,806
-246,080
-198,162
-183,317
-232,239
-203,992
-177,108
-138,983
total shareholders funds
-377,465
-361,630
-241,148
-36,130
-362,806
-246,080
-198,162
-183,317
-232,239
-203,992
-177,108
-138,983
Dec 2023
Dec 2022
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Operating Activities
Operating Profit
-14,287
-325,378
-203,883
75,627
-116,726
-47,918
-14,845
61,472
-27,767
-26,424
-37,813
-139,083
Depreciation
2,680
2,234
545
833
21
238
238
218
Amortisation
Tax
-14,370
-12,230
Stock
10,000
-133,000
141,800
6,688
-2,018
5,030
1,500
Debtors
21,521
1,791
12,942
-7,741
-8,101
87
3,400
7,592
11,000
-6,518
3,499
7,569
Creditors
-3,659
-39,296
-37,615
-223,972
-69,829
47,767
223,307
12,554
12,759
32,911
-20,120
28,963
Accruals and Deferred Income
-5,631
11,392
89,683
-6,475
3,801
-2,471
5,145
Deferred Taxes & Provisions
Cash flow from operations
-52,418
-352,839
-164,212
-154,141
-45,433
63,500
41,259
-20,189
5,504
-57,787
-117,689
Investing Activities
capital expenditure
-8,355
-900
-2,500
-715
Change in Investments
cash flow from investments
-8,355
-900
-2,500
-715
Financing Activities
Bank loans
4,407
4,455
Group/Directors Accounts
-6,973
421,424
Other Short Term Loans
Long term loans
-4,407
28,321
31,943
Hire Purchase and Lease Commitments
-37,500
-37,500
-7,933
45,433
other long term liabilities
160,000
-87,589
-63,500
-30,000
15,000
1
48,499
117,589
share issue
265,413
100
interest
-1,548
-123
-1,135
7
-320
-480
-460
-312
cash flow from financing
-12,928
416,529
157,763
169,898
45,433
-63,500
-30,320
14,520
-459
48,187
117,689
cash and cash equivalents
cash
-65,346
55,336
-7,349
13,256
overdraft
-10,224
5,669
-5,045
9,600
change in cash
-65,346
55,336
-7,349
13,256
10,224
-5,669
5,045
-9,600
h2gogo industries limited 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 h2gogo industries limited. Get real-time insights into h2gogo industries limited's credit score, group structure and payment trends.
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h2gogo industries limited Ownership
H2GOGO INDUSTRIES LIMITED group structure
H2Gogo Industries Limited has 1 subsidiary company.
The sole shareholder of H2Gogo Industries Limited is Advanced Hydrogen Technologies Group Limited.
advanced hydrogen technologies group limited
100%
h2gogo industries limited directors
H2Gogo Industries Limited currently has 7 directors.
The longest serving directors include
Mr Denys Kamal (Feb 2012) and
Mr Benjamin Kattenhorn (Apr 2021).
unit 1h, mereworth business cent, danns lane, maidstone, kent, ME18 5LW
Bank
-
Legal Advisor
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h2gogo industries 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 h2gogo industries limited.
h2gogo industries 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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h2gogo industries limitedCompanies House Filings - See Documents
