hv engineers ltd

hv engineers ltd Company Information

Share HV ENGINEERS LTD
Live 
EstablishedMicroDeclining

Company Number

08333448

Industry

Manufacture of electronic industrial process control equipment

 

Shareholders

andrew simon paley-strange

Group Structure

View All

Contact

Registered Address

monreith village street, norwood green, halifax, west yorkshire, HX3 8QG

hv engineers ltd Estimated Valuation

£172.6k

Pomanda estimates the enterprise value of HV ENGINEERS LTD at £172.6k based on a Turnover of £200.2k and 0.86x industry multiple (adjusted for size and gross margin).

hv engineers ltd Estimated Valuation

£91k

Pomanda estimates the enterprise value of HV ENGINEERS LTD at £91k based on an EBITDA of £18.5k and a 4.92x industry multiple (adjusted for size and gross margin).

hv engineers ltd Estimated Valuation

£864.9k

Pomanda estimates the enterprise value of HV ENGINEERS LTD at £864.9k based on Net Assets of £345.7k and 2.5x industry multiple (adjusted for liquidity).

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Hv Engineers Ltd Overview

Hv Engineers Ltd is a live company located in halifax, HX3 8QG with a Companies House number of 08333448. It operates in the manufacture of electronic industrial process control equipment sector, SIC Code 26512. Founded in December 2012, it's largest shareholder is andrew simon paley-strange with a 100% stake. Hv Engineers Ltd is a established, micro sized company, Pomanda has estimated its turnover at £200.2k with declining growth in recent years.

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Hv Engineers Ltd Health Check

Pomanda's financial health check has awarded Hv Engineers 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

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £200.2k, make it smaller than the average company (£12.3m)

£200.2k - Hv Engineers Ltd

£12.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (5.8%)

-23% - Hv Engineers Ltd

5.8% - Industry AVG

production

Production

with a gross margin of 31.7%, this company has a comparable cost of product (37.9%)

31.7% - Hv Engineers Ltd

37.9% - Industry AVG

profitability

Profitability

an operating margin of 9.2% make it as profitable than the average company (8%)

9.2% - Hv Engineers Ltd

8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (63)

1 - Hv Engineers Ltd

63 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.5k, the company has an equivalent pay structure (£53.5k)

£53.5k - Hv Engineers Ltd

£53.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £200.2k, this is equally as efficient (£177.9k)

£200.2k - Hv Engineers Ltd

£177.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 143 days, this is later than average (65 days)

143 days - Hv Engineers Ltd

65 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 55 days, this is slower than average (34 days)

55 days - Hv Engineers Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hv Engineers Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hv Engineers Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 5.9%, this is a lower level of debt than the average (34.2%)

5.9% - Hv Engineers Ltd

34.2% - Industry AVG

HV ENGINEERS LTD financials

EXPORTms excel logo

Hv Engineers Ltd's latest turnover from December 2023 is estimated at £200.2 thousand and the company has net assets of £345.7 thousand. According to their latest financial statements, Hv Engineers Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover200,159179,473483,557434,970422,146350,404288,102331,653139,27788,38766,438
Other Income Or Grants00000000000
Cost Of Sales136,638124,755342,018316,780318,955269,714219,237250,214104,66666,14849,396
Gross Profit63,52154,717141,539118,190103,19180,69168,86581,43934,61122,23817,042
Admin Expenses45,02858,803124,28260,25275,02448,65420,21214,859-26,784-39,850-27,517
Operating Profit18,493-4,08617,25757,93828,16732,03748,65366,58061,39562,08844,559
Interest Payable00000000000
Interest Receivable000000021569836698
Pre-Tax Profit18,493-4,08617,25757,93828,16732,03748,65366,79562,09362,45444,657
Tax-4,6230-3,279-11,008-5,352-6,087-9,244-13,359-12,418-13,115-10,271
Profit After Tax13,870-4,08613,97846,93022,81525,95039,40953,43649,67449,33934,386
Dividends Paid00000000000
Retained Profit13,870-4,08613,97846,93022,81525,95039,40953,43649,67449,33934,386
Employee Costs53,50649,18848,17348,03647,07847,24546,95444,53146,14545,91345,057
Number Of Employees11111111111
EBITDA*18,493-4,08617,25757,93828,16732,03748,65366,58065,09866,79444,559

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets286,601289,429148,698153,473144,714147,534152,17297,07011,10914,1150
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets286,601289,429148,698153,473144,714147,534152,17297,07011,10914,1150
Stock & work in progress00000000000
Trade Debtors78,43869,764212,744204,594185,136155,169123,766143,29018,03810,70116,624
Group Debtors00000000000
Misc Debtors2,5000000000000
Cash00000000171,910107,28339,109
misc current assets00000000000
total current assets80,93869,764212,744204,594185,136155,169123,766143,290189,948117,98455,733
total assets367,539359,193361,442358,067329,850302,703275,938240,360201,057132,09955,733
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 20,75026,36124,54535,18553,93149,65048,89052,74167,55848,27421,247
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000000000
total current liabilities20,75026,36124,54535,18553,93149,65048,89052,74167,55848,27421,247
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income1,0881,001980943910859804784000
other liabilities00000000000
provisions00000000000
total long term liabilities1,0881,001980943910859804784000
total liabilities21,83827,36225,52536,12854,84150,50949,69453,52567,55848,27421,247
net assets345,701331,831335,917321,939275,009252,194226,244186,835133,49983,82534,486
total shareholders funds345,701331,831335,917321,939275,009252,194226,244186,835133,49983,82534,486
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit18,493-4,08617,25757,93828,16732,03748,65366,58061,39562,08844,559
Depreciation000000003,7034,7060
Amortisation00000000000
Tax-4,6230-3,279-11,008-5,352-6,087-9,244-13,359-12,418-13,115-10,271
Stock00000000000
Debtors11,174-142,9808,15019,45829,96731,403-19,524125,2527,337-5,92316,624
Creditors-5,6111,816-10,640-18,7464,281760-3,851-14,81719,28427,02721,247
Accruals and Deferred Income87213733515520784000
Deferred Taxes & Provisions00000000000
Cash flow from operations-2,828140,731-4,7758,759-2,820-4,63855,102-86,06464,62786,62938,911
Investing Activities
capital expenditure2,828-140,7314,775-8,7592,8204,638-55,102-85,961-697-18,8210
Change in Investments00000000000
cash flow from investments2,828-140,7314,775-8,7592,8204,638-55,102-85,961-697-18,8210
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue0000000-10000100
interest000000021569836698
cash flow from financing0000000115698366198
cash and cash equivalents
cash0000000-171,91064,62768,17439,109
overdraft00000000000
change in cash0000000-171,91064,62768,17439,109

hv engineers ltd 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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Hv Engineers Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hv engineers ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in HX3 area or any other competitors across 12 key performance metrics.

hv engineers ltd Ownership

HV ENGINEERS LTD group structure

Hv Engineers Ltd has no subsidiary companies.

Ultimate parent company

HV ENGINEERS LTD

08333448

HV ENGINEERS LTD Shareholders

andrew simon paley-strange 100%

hv engineers ltd directors

Hv Engineers Ltd currently has 1 director, Mr Andrew Paley-Strange serving since Dec 2012.

officercountryagestartendrole
Mr Andrew Paley-StrangeUnited Kingdom61 years Dec 2012- Director

P&L

December 2023

turnover

200.2k

+12%

operating profit

18.5k

0%

gross margin

31.8%

+4.09%

turnover

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

Balance Sheet

December 2023

net assets

345.7k

+0.04%

total assets

367.5k

+0.02%

cash

0

0%

net assets

Total assets minus all liabilities

hv engineers ltd company details

company number

08333448

Type

Private limited with Share Capital

industry

26512 - Manufacture of electronic industrial process control equipment

incorporation date

December 2012

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

QUALITY BUSINESS SERVICES (YORKSHIRE) LIMITED

auditor

-

address

monreith village street, norwood green, halifax, west yorkshire, HX3 8QG

Bank

-

Legal Advisor

-

hv engineers 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 hv engineers ltd.

charges

hv engineers ltd Companies House Filings - See Documents

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