heatsave europe limited
heatsave europe limited Company Information
Company Number
09047626
Next Accounts
Jun 2025
Shareholders
logicor (group) limited
Group Structure
View All
Industry
Manufacture of other electrical equipment
Registered Address
unit 124 avenue b, thorp arch estate, wetherby, LS23 7BJ
Website
https://www.logicor.co.ukheatsave europe limited Estimated Valuation
Pomanda estimates the enterprise value of HEATSAVE EUROPE LIMITED at £105.3k based on a Turnover of £224.3k and 0.47x industry multiple (adjusted for size and gross margin).
heatsave europe limited Estimated Valuation
Pomanda estimates the enterprise value of HEATSAVE EUROPE LIMITED at £0 based on an EBITDA of £-96 and a 3.64x industry multiple (adjusted for size and gross margin).
heatsave europe limited Estimated Valuation
Pomanda estimates the enterprise value of HEATSAVE EUROPE LIMITED at £23.4k based on Net Assets of £11.3k and 2.06x industry multiple (adjusted for liquidity).
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Heatsave Europe Limited Overview
Heatsave Europe Limited is a live company located in wetherby, LS23 7BJ with a Companies House number of 09047626. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in May 2014, it's largest shareholder is logicor (group) limited with a 100% stake. Heatsave Europe Limited is a established, micro sized company, Pomanda has estimated its turnover at £224.3k with declining growth in recent years.
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Heatsave Europe Limited Health Check
Pomanda's financial health check has awarded Heatsave Europe Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £224.3k, make it smaller than the average company (£12.8m)
- Heatsave Europe Limited
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (4.6%)
- Heatsave Europe Limited
4.6% - Industry AVG
Production
with a gross margin of 22%, this company has a higher cost of product (34.6%)
- Heatsave Europe Limited
34.6% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (6.5%)
- Heatsave Europe Limited
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (76)
- Heatsave Europe Limited
76 - Industry AVG
Pay Structure
on an average salary of £48.6k, the company has an equivalent pay structure (£48.6k)
- Heatsave Europe Limited
£48.6k - Industry AVG
Efficiency
resulting in sales per employee of £224.3k, this is more efficient (£170.1k)
- Heatsave Europe Limited
£170.1k - Industry AVG
Debtor Days
it gets paid by customers after 100 days, this is later than average (66 days)
- Heatsave Europe Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 104 days, this is slower than average (48 days)
- Heatsave Europe Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Heatsave Europe Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Heatsave Europe Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.6%, this is a higher level of debt than the average (42.3%)
81.6% - Heatsave Europe Limited
42.3% - Industry AVG
HEATSAVE EUROPE LIMITED financials
Heatsave Europe Limited's latest turnover from September 2023 is estimated at £224.3 thousand and the company has net assets of £11.3 thousand. According to their latest financial statements, we estimate that Heatsave Europe Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 210,777 | 1,294,316 | |||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 0 | 0 | |||||||
| Interest Receivable | 0 | 0 | |||||||
| Pre-Tax Profit | -10,847 | 0 | |||||||
| Tax | 0 | 0 | |||||||
| Profit After Tax | -10,847 | 0 | |||||||
| Dividends Paid | 0 | 0 | |||||||
| Retained Profit | -10,847 | 0 | |||||||
| Employee Costs | |||||||||
| Number Of Employees | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 61,647 | 61,743 | 62,584 | 62,775 | 12,827 | 17,951 | 319,037 | 53,036 | 99,723 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 61,647 | 61,743 | 62,584 | 62,775 | 12,827 | 17,951 | 319,037 | 53,036 | 99,734 |
| total assets | 61,647 | 61,743 | 62,584 | 62,775 | 12,827 | 17,951 | 319,037 | 53,036 | 99,734 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 50,307 | 50,307 | 50,306 | 50,006 | 6 | 30,680 | 331,697 | 67,083 | 99,733 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 50,307 | 50,307 | 50,306 | 50,006 | 6 | 30,680 | 331,697 | 67,083 | 99,733 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 50,307 | 50,307 | 50,306 | 50,006 | 6 | 30,680 | 331,697 | 67,083 | 99,733 |
| net assets | 11,340 | 11,436 | 12,278 | 12,769 | 12,821 | -12,729 | -12,660 | -14,047 | 1 |
| total shareholders funds | 11,340 | 11,436 | 12,278 | 12,769 | 12,821 | -12,729 | -12,660 | -14,047 | 1 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -96 | -841 | -191 | 49,948 | -5,124 | -301,086 | 266,001 | -46,687 | 99,723 |
| Creditors | 0 | 1 | 300 | 50,000 | -30,674 | -301,017 | 264,614 | -32,650 | 99,733 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | |||||||
| cash flow from financing | -3,201 | 1 | |||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11 | 11 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11 | 11 |
heatsave europe limited Credit Report and Business Information
Heatsave Europe Limited Competitor Analysis
Perform a competitor analysis for heatsave europe limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in LS23 area or any other competitors across 12 key performance metrics.
heatsave europe limited Ownership
HEATSAVE EUROPE LIMITED group structure
Heatsave Europe Limited has no subsidiary companies.
heatsave europe limited directors
Heatsave Europe Limited currently has 3 directors. The longest serving directors include Mr Neal Whitehall (Oct 2015) and Mr David Bowen (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neal Whitehall | England | 68 years | Oct 2015 | - | Director |
| Mr David Bowen | England | 61 years | Oct 2015 | - | Director |
| Ms Vivien Wishart | 62 years | Oct 2015 | - | Director |
P&L
September 2023turnover
224.3k
-2%
operating profit
-96
0%
gross margin
22%
-9.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
11.3k
-0.01%
total assets
61.6k
0%
cash
0
0%
net assets
Total assets minus all liabilities
heatsave europe limited company details
company number
09047626
Type
Private limited with Share Capital
industry
27900 - Manufacture of other electrical equipment
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
unit 124 avenue b, thorp arch estate, wetherby, LS23 7BJ
Bank
-
Legal Advisor
-
heatsave europe 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 found 1 charges/mortgages relating to heatsave europe limited. Currently there are 0 open charges and 1 have been satisfied in the past.
heatsave europe 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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heatsave europe limited Companies House Filings - See Documents
| date | description | view/download |
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