Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
laurence walter house, addison road, sudbury, suffolk, CO10 2YW
Pomanda estimates the enterprise value of HBS ELECTRONICS (HOLDINGS) LIMITED at £30.8m based on a Turnover of £18.8m and 1.64x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HBS ELECTRONICS (HOLDINGS) LIMITED at £18.8m based on an EBITDA of £2.7m and a 6.92x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HBS ELECTRONICS (HOLDINGS) LIMITED at £14m based on Net Assets of £11m and 1.27x industry multiple (adjusted for liquidity).
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Hbs Electronics (holdings) LimitedOverview
Hbs Electronics (holdings) Limited is a live company located in sudbury, CO10 2YW with a Companies House number of 08780150. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 2013, it's largest shareholder is
gary walter harvey
with a 50% stake. Hbs Electronics (holdings) Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£18.8m with
declining
growth in recent years.
Pomanda's financial health check has awarded Hbs Electronics (Holdings) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £18.8m, make it in line with the average company (£18.7m)
£18.8m - Hbs Electronics (holdings) Limited
£18.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (9.1%)
-9% - Hbs Electronics (holdings) Limited
9.1% - Industry AVG
Production
with a gross margin of 44%, this company has a lower cost of product (34.7%)
44% - Hbs Electronics (holdings) Limited
34.7% - Industry AVG
Profitability
an operating margin of 9.2% make it more profitable than the average company (4.7%)
9.2% - Hbs Electronics (holdings) Limited
4.7% - Industry AVG
Employees
with 179 employees, this is above the industry average (102)
179 - Hbs Electronics (holdings) Limited
102 - Industry AVG
Pay Structure
on an average salary of £43k, the company has an equivalent pay structure (£43k)
£43k - Hbs Electronics (holdings) Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £104.9k, this is less efficient (£186.2k)
£104.9k - Hbs Electronics (holdings) Limited
£186.2k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (45 days)
80 days - Hbs Electronics (holdings) Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (45 days)
64 days - Hbs Electronics (holdings) Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 266 days, this is more than average (37 days)
266 days - Hbs Electronics (holdings) Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is average cash available to meet short term requirements (14 weeks)
17 weeks - Hbs Electronics (holdings) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.8%, this is a lower level of debt than the average (68.8%)
43.8% - Hbs Electronics (holdings) Limited
68.8% - Industry AVG
HBS ELECTRONICS (HOLDINGS) LIMITED financials
EXPORT
Hbs Electronics (Holdings) Limited's latest turnover from October 2023 is £18.8 million and the company has net assets of £11 million. According to their latest financial statements, Hbs Electronics (Holdings) Limited has 179 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Turnover
18,778,389
21,626,887
19,576,296
24,522,279
23,502,677
21,429,859
13,489,198
6,727,054
1,761,934
Other Income Or Grants
Cost Of Sales
10,511,911
10,464,718
10,826,487
13,884,289
13,335,368
10,432,782
6,325,531
3,492,075
677,759
Gross Profit
8,266,478
11,162,169
8,749,809
10,637,990
10,167,309
10,997,077
7,163,667
3,234,979
1,084,175
Admin Expenses
6,531,240
7,309,485
7,591,017
8,059,443
8,123,138
7,982,272
4,163,348
2,464,848
827,238
Operating Profit
1,735,238
3,852,684
1,158,792
2,578,547
2,044,171
3,014,805
3,000,319
770,131
256,937
Interest Payable
317,019
511,971
435,124
405,269
586,018
192,261
41,877
45,062
34,732
Interest Receivable
55,699
288
201,622
773
575
54
87
316
Pre-Tax Profit
14,608,754
611,001
925,290
2,377,992
1,458,728
3,841,114
2,958,529
725,385
222,205
Tax
-438,182
-117,177
31,647
-381,452
-230,838
-472,244
-631,616
-130,065
-90,951
Profit After Tax
14,170,572
493,824
956,937
1,996,540
1,227,890
3,368,870
2,326,913
595,320
131,254
Dividends Paid
Retained Profit
14,170,572
493,824
956,937
1,996,540
1,227,890
3,368,870
2,326,913
595,320
131,254
Employee Costs
7,698,178
6,956,012
4,932,563
7,551,617
8,010,483
7,089,783
5,448,546
2,199,638
2,269,438
Number Of Employees
179
174
129
205
219
205
164
67
69
EBITDA*
2,722,606
5,619,266
2,940,379
4,402,916
3,834,229
4,744,566
4,223,417
1,457,281
681,247
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Tangible Assets
1,523,655
2,155,525
2,648,476
2,483,990
3,233,746
1,593,233
1,583,596
248,485
235,904
Intangible Assets
1,623,096
4,245,542
4,818,920
5,925,630
7,095,044
8,166,246
8,459,940
8,617,762
2,117,471
Investments & Other
1,428,130
2,495
2,495
Debtors (Due After 1 year)
Total Fixed Assets
3,146,751
6,401,067
7,467,396
8,409,620
10,328,790
11,187,609
10,046,031
8,868,742
2,353,375
Stock & work in progress
7,668,980
7,289,703
6,450,687
6,169,166
5,965,938
5,393,815
4,171,813
2,146,200
1,200,650
Trade Debtors
4,164,814
6,953,366
6,050,990
7,107,728
6,291,886
5,877,981
3,492,400
2,348,058
479,010
Group Debtors
1,409,428
Misc Debtors
1,979,253
5,569,179
5,953,657
5,762,121
2,673,131
311,886
230,577
89,357
92,077
Cash
2,646,258
6,024,063
6,396,365
4,470,317
3,903,019
3,004,388
3,361,503
1,547,873
508,268
misc current assets
total current assets
16,459,305
25,836,311
24,851,699
23,509,332
18,833,974
15,997,498
11,256,293
6,131,488
2,280,005
total assets
19,606,056
32,237,378
32,319,095
31,918,952
29,162,764
27,185,107
21,302,324
15,000,230
4,633,380
Bank overdraft
Bank loan
Trade Creditors
1,863,162
2,179,532
2,282,080
2,438,549
2,869,590
1,605,921
1,137,358
704,624
307,175
Group/Directors Accounts
7,440,636
other short term finances
2,099,790
2,266,899
2,514,944
2,772,572
7,183,008
64,428
7,703,220
7,274,223
hp & lease commitments
256,248
340,431
457,327
351,306
371,554
296,168
207,602
28,325
20,390
other current liabilities
3,717,270
3,388,445
3,184,372
3,458,349
2,668,476
3,369,215
3,647,798
810,193
594,393
total current liabilities
7,936,470
8,175,307
8,438,723
9,020,776
13,092,628
12,776,368
12,695,978
8,817,365
921,958
loans
12,000,000
12,000,000
12,000,000
7,250,000
7,250,000
5,250,000
5,250,000
3,418,511
hp & lease commitments
218,289
456,816
830,621
856,891
798,788
441,569
86,044
69,747
97,731
Accruals and Deferred Income
other liabilities
provisions
422,291
480,821
419,141
367,612
344,215
267,927
189,929
108,138
71,775
total long term liabilities
640,580
12,937,637
13,249,762
13,224,503
8,393,003
7,959,496
5,525,973
5,427,885
3,588,017
total liabilities
8,577,050
21,112,944
21,688,485
22,245,279
21,485,631
20,735,864
18,221,951
14,245,250
4,509,975
net assets
11,029,006
11,124,434
10,630,610
9,673,673
7,677,133
6,449,243
3,080,373
754,980
123,405
total shareholders funds
11,029,006
11,124,434
10,630,610
9,673,673
7,677,133
6,449,243
3,080,373
754,980
123,405
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Operating Activities
Operating Profit
1,735,238
3,852,684
1,158,792
2,578,547
2,044,171
3,014,805
3,000,319
770,131
256,937
Depreciation
552,003
657,727
672,732
715,514
610,010
488,824
124,954
84,421
79,856
Amortisation
435,365
1,108,855
1,108,855
1,108,855
1,180,048
1,240,937
1,098,144
602,729
344,454
Tax
-438,182
-117,177
31,647
-381,452
-230,838
-472,244
-631,616
-130,065
-90,951
Stock
379,277
839,016
281,521
203,228
572,123
1,222,002
2,025,613
945,550
1,200,650
Debtors
-6,378,478
517,898
-865,202
3,904,832
1,365,722
3,876,318
1,285,562
1,866,328
571,087
Creditors
-316,370
-102,548
-156,469
-431,041
1,263,669
468,563
432,734
397,449
307,175
Accruals and Deferred Income
328,825
204,073
-273,977
789,873
-700,739
-278,583
2,837,605
215,800
594,393
Deferred Taxes & Provisions
-58,530
61,680
51,529
23,397
76,288
77,998
81,791
36,363
71,775
Cash flow from operations
8,237,550
4,308,380
3,176,790
295,633
2,304,764
-558,020
3,632,756
-835,050
-208,098
Investing Activities
capital expenditure
-1,313,567
-4,505,192
-8,586,369
-2,777,685
Change in Investments
-1,428,130
1,425,635
2,495
cash flow from investments
1,428,130
-2,739,202
-4,505,192
-8,588,864
-2,777,685
Financing Activities
Bank loans
Group/Directors Accounts
-7,440,636
7,440,636
Other Short Term Loans
-167,109
-248,045
-257,628
-4,410,436
7,118,580
-7,638,792
428,997
7,274,223
Long term loans
-12,000,000
4,750,000
2,000,000
1,831,489
3,418,511
Hire Purchase and Lease Commitments
-322,710
-490,701
79,751
37,855
432,605
444,091
195,574
-20,049
118,121
other long term liabilities
share issue
-14,266,000
-1,520
36,255
-7,849
interest
-261,320
-511,683
-233,502
-404,496
-585,443
-192,207
-41,790
-44,746
-34,732
cash flow from financing
-27,017,139
-1,250,429
-411,379
-27,077
-474,894
2,053,728
581,261
9,077,172
3,494,051
cash and cash equivalents
cash
-3,377,805
-372,302
1,926,048
567,298
898,631
-357,115
1,813,630
1,039,605
508,268
overdraft
change in cash
-3,377,805
-372,302
1,926,048
567,298
898,631
-357,115
1,813,630
1,039,605
508,268
hbs electronics (holdings) 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 hbs electronics (holdings) limited. Get real-time insights into hbs electronics (holdings) limited's credit score, group structure and payment trends.
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hbs electronics (holdings) limited Ownership
HBS ELECTRONICS (HOLDINGS) LIMITED group structure
Hbs Electronics (Holdings) Limited has 11 subsidiary companies.
The largest shareholders in Hbs Electronics (Holdings) Limited include Gary Walter Harvey and Nicholas Francis Smith.
gary walter harvey
50%
nicholas francis smith
50%
hbs electronics (holdings) limited directors
Hbs Electronics (Holdings) Limited currently has 2 directors.
The longest serving directors include
Mr Gary Harvey (Nov 2013) and
Mr Gary Watson (May 2023).
hbs electronics (holdings) limited company details
company number
08780150
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
November 2013
age
12
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
RAFFINGERS LLP
address
laurence walter house, addison road, sudbury, suffolk, CO10 2YW
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 hbs electronics (holdings) limited. Currently there are 0 open charges and 2 have been satisfied in the past.
hbs electronics (holdings) 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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hbs electronics (holdings) limitedCompanies House Filings - See Documents
