hire steam ltd
hire steam ltd Company Information
Company Number
09992162
Website
www.bradleeboilers.comRegistered Address
33 alvis way, royal oak industrial estate, daventry, northamptonshire, NN11 8PG
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Directors
Dean Rogers8 Years
Shareholders
dean rogers 100%
hire steam ltd Estimated Valuation
Pomanda estimates the enterprise value of HIRE STEAM LTD at £29k based on a Turnover of £51.1k and 0.57x industry multiple (adjusted for size and gross margin).
hire steam ltd Estimated Valuation
Pomanda estimates the enterprise value of HIRE STEAM LTD at £2.4k based on an EBITDA of £1k and a 2.26x industry multiple (adjusted for size and gross margin).
hire steam ltd Estimated Valuation
Pomanda estimates the enterprise value of HIRE STEAM LTD at £66k based on Net Assets of £30.8k and 2.14x industry multiple (adjusted for liquidity).
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Hire Steam Ltd Overview
Hire Steam Ltd is a live company located in daventry, NN11 8PG with a Companies House number of 09992162. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in February 2016, it's largest shareholder is dean rogers with a 100% stake. Hire Steam Ltd is a young, micro sized company, Pomanda has estimated its turnover at £51.1k with healthy growth in recent years.
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Hire Steam Ltd Health Check
Pomanda's financial health check has awarded Hire Steam Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £51.1k, make it smaller than the average company (£9.6m)
- Hire Steam Ltd
£9.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6%)
- Hire Steam Ltd
6% - Industry AVG
Production
with a gross margin of 28.9%, this company has a higher cost of product (46.4%)
- Hire Steam Ltd
46.4% - Industry AVG
Profitability
an operating margin of -7.9% make it less profitable than the average company (12.5%)
- Hire Steam Ltd
12.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (39)
1 - Hire Steam Ltd
39 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Hire Steam Ltd
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £51.1k, this is less efficient (£202.9k)
- Hire Steam Ltd
£202.9k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (60 days)
- Hire Steam Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is quicker than average (52 days)
- Hire Steam Ltd
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hire Steam Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 121 weeks, this is more cash available to meet short term requirements (7 weeks)
121 weeks - Hire Steam Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12%, this is a lower level of debt than the average (62.1%)
12% - Hire Steam Ltd
62.1% - Industry AVG
HIRE STEAM LTD financials
Hire Steam Ltd's latest turnover from February 2023 is estimated at £51.1 thousand and the company has net assets of £30.8 thousand. According to their latest financial statements, Hire Steam Ltd has 1 employee and maintains cash reserves of £9.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | |||||||
| Tax | |||||||
| Profit After Tax | |||||||
| Dividends Paid | |||||||
| Retained Profit | |||||||
| Employee Costs | |||||||
| Number Of Employees | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 20,339 | 25,424 | 31,779 | 8,724 | 10,365 | 12,956 | 16,195 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 20,339 | 25,424 | 31,779 | 8,724 | 10,365 | 12,956 | 16,195 |
| Stock & work in progress | 0 | 12,500 | 0 | 15,000 | 0 | 0 | 0 |
| Trade Debtors | 4,832 | 2,889 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 9,863 | 917 | 14,483 | 1,692 | 1,801 | 2,299 | 3,339 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,695 | 16,306 | 14,483 | 16,692 | 1,801 | 2,299 | 3,339 |
| total assets | 35,034 | 41,730 | 46,262 | 25,416 | 12,166 | 15,255 | 19,534 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,210 | 3,929 | 22,328 | 15,759 | 1,567 | 859 | 5,682 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,210 | 3,929 | 22,328 | 15,759 | 1,567 | 859 | 5,682 |
| loans | 0 | 3,000 | 3,000 | 8,000 | 8,000 | 9,000 | 14,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 3,000 | 3,000 | 8,000 | 8,000 | 9,000 | 14,000 |
| total liabilities | 4,210 | 6,929 | 25,328 | 23,759 | 9,567 | 9,859 | 19,682 |
| net assets | 30,824 | 34,801 | 20,934 | 1,657 | 2,599 | 5,396 | -148 |
| total shareholders funds | 30,824 | 34,801 | 20,934 | 1,657 | 2,599 | 5,396 | -148 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 5,085 | 6,355 | 7,945 | 2,181 | 2,591 | 3,239 | 4,045 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | -12,500 | 12,500 | -15,000 | 15,000 | 0 | 0 | 0 |
| Debtors | 1,943 | 2,889 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 281 | -18,399 | 6,569 | 14,192 | 708 | -4,823 | 5,682 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -3,000 | 0 | -5,000 | 0 | -1,000 | -5,000 | 14,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 8,946 | -13,566 | 12,791 | -109 | -498 | -1,040 | 3,339 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 8,946 | -13,566 | 12,791 | -109 | -498 | -1,040 | 3,339 |
hire steam ltd Credit Report and Business Information
Hire Steam Ltd Competitor Analysis
Perform a competitor analysis for hire steam ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in NN11 area or any other competitors across 12 key performance metrics.
hire steam ltd Ownership
HIRE STEAM LTD group structure
Hire Steam Ltd has no subsidiary companies.
Ultimate parent company
HIRE STEAM LTD
09992162
hire steam ltd directors
Hire Steam Ltd currently has 1 director, Mr Dean Rogers serving since Feb 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dean Rogers | England | 54 years | Feb 2016 | - | Director |
P&L
February 2023turnover
51.1k
+216%
operating profit
-4k
0%
gross margin
28.9%
+8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
30.8k
-0.11%
total assets
35k
-0.16%
cash
9.9k
+9.76%
net assets
Total assets minus all liabilities
hire steam ltd company details
company number
09992162
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
February 2016
age
8
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
February 2023
previous names
N/A
accountant
VANMALI & CO LTD
auditor
-
address
33 alvis way, royal oak industrial estate, daventry, northamptonshire, NN11 8PG
Bank
-
Legal Advisor
-
hire steam 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 hire steam ltd.
hire steam ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
