59 wittering way kingsway, quedgeley, gloucester, GL2 2DP
Website
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hm tech engineering ltdEstimated Valuation
£233.3k
Pomanda estimates the enterprise value of HM TECH ENGINEERING LTD at £233.3k based on a Turnover of £355.8k and 0.66x industry multiple (adjusted for size and gross margin).
hm tech engineering ltdEstimated Valuation
£36.8k
Pomanda estimates the enterprise value of HM TECH ENGINEERING LTD at £36.8k based on an EBITDA of £8.4k and a 4.39x industry multiple (adjusted for size and gross margin).
hm tech engineering ltdEstimated Valuation
£36
Pomanda estimates the enterprise value of HM TECH ENGINEERING LTD at £36 based on Net Assets of £17 and 2.14x industry multiple (adjusted for liquidity).
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Hm Tech Engineering LtdOverview
Hm Tech Engineering Ltd is a live company located in gloucester, GL2 2DP with a Companies House number of 10184424. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in May 2016, it's largest shareholder is
ivvone mugabe
with a 100% stake. Hm Tech Engineering Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£355.8k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Hm Tech Engineering Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
3 Regular
5 Weak
Size
annual sales of £355.8k, make it smaller than the average company (£13.9m)
£355.8k - Hm Tech Engineering Ltd
£13.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (9.2%)
82% - Hm Tech Engineering Ltd
9.2% - Industry AVG
Production
with a gross margin of 30.2%, this company has a comparable cost of product (30.2%)
30.2% - Hm Tech Engineering Ltd
30.2% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (6.5%)
2.4% - Hm Tech Engineering Ltd
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (71)
2 - Hm Tech Engineering Ltd
71 - Industry AVG
Pay Structure
on an average salary of £42.4k, the company has an equivalent pay structure (£42.4k)
£42.4k - Hm Tech Engineering Ltd
£42.4k - Industry AVG
Efficiency
resulting in sales per employee of £177.9k, this is equally as efficient (£177.9k)
£177.9k - Hm Tech Engineering Ltd
£177.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hm Tech Engineering Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Hm Tech Engineering Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hm Tech Engineering Ltd
- - 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 - Hm Tech Engineering Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (47.3%)
100% - Hm Tech Engineering Ltd
47.3% - Industry AVG
HM TECH ENGINEERING LTD financials
EXPORT
Hm Tech Engineering Ltd's latest turnover from May 2024 is estimated at £355.8 thousand and the company has net assets of £17. According to their latest financial statements, Hm Tech Engineering Ltd has 2 employees and maintains cash reserves of £10 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
Turnover
355,832
202,818
328,489
58,646
243,061
361,079
19,924
32,916
Other Income Or Grants
Cost Of Sales
248,249
142,467
229,181
42,038
171,064
251,391
13,837
22,164
Gross Profit
107,582
60,351
99,307
16,608
71,997
109,687
6,087
10,752
Admin Expenses
99,209
66,756
99,322
16,609
71,999
109,889
5,871
10,760
Operating Profit
8,373
-6,405
-15
-1
-2
-202
216
-8
Interest Payable
Interest Receivable
3
40
15
1
2
14
16
8
Pre-Tax Profit
8,376
-6,365
-188
232
Tax
-2,094
-44
Profit After Tax
6,282
-6,365
-188
188
Dividends Paid
Retained Profit
6,282
-6,365
-188
188
Employee Costs
84,863
80,927
77,838
36,935
110,152
144,772
35,295
33,952
Number Of Employees
2
2
2
1
3
4
1
1
EBITDA*
8,373
-6,405
-15
-1
-2
-202
216
-8
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
2,829
3,399
Group Debtors
Misc Debtors
6,695
676
11,145
Cash
10
113
1,677
1,252
7
3,637
6,283
misc current assets
35,695
6,695
total current assets
35,705
6,808
8,372
4,081
683
14,782
3,399
6,283
total assets
35,705
6,808
8,372
4,081
683
14,782
3,399
6,283
Bank overdraft
Bank loan
Trade Creditors
4,801
3,981
583
14,682
3,211
6,183
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,857
8,272
total current liabilities
1,857
4,801
8,272
3,981
583
14,682
3,211
6,183
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
33,831
8,272
provisions
total long term liabilities
33,831
8,272
total liabilities
35,688
13,073
8,272
3,981
583
14,682
3,211
6,183
net assets
17
-6,265
100
100
100
100
188
100
total shareholders funds
17
-6,265
100
100
100
100
188
100
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
Operating Activities
Operating Profit
8,373
-6,405
-15
-1
-2
-202
216
-8
Depreciation
Amortisation
Tax
-2,094
-44
Stock
Debtors
-6,695
6,695
-2,829
2,153
-10,469
7,746
3,399
Creditors
-4,801
4,801
-3,981
3,398
-14,099
11,471
-2,972
6,183
Accruals and Deferred Income
1,857
-8,272
8,272
Deferred Taxes & Provisions
Cash flow from operations
10,030
-16,571
7,105
1,244
-3,632
3,523
-6,199
6,175
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
25,559
8,272
share issue
100
-100
100
interest
3
40
15
1
2
14
16
8
cash flow from financing
25,562
8,312
15
1
2
114
-84
108
cash and cash equivalents
cash
-103
-1,564
425
1,245
-3,630
3,637
-6,283
6,283
overdraft
change in cash
-103
-1,564
425
1,245
-3,630
3,637
-6,283
6,283
hm tech engineering ltd 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 hm tech engineering ltd. Get real-time insights into hm tech engineering ltd's credit score, group structure and payment trends.
Perform a competitor analysis for hm tech engineering ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in GL2 area or any other competitors across 12 key performance metrics.
hm tech engineering ltd Ownership
HM TECH ENGINEERING LTD group structure
Hm Tech Engineering Ltd has no subsidiary companies.
Ultimate parent company
HM TECH ENGINEERING LTD
10184424
HM TECH ENGINEERING LTD Shareholders
The sole shareholder of Hm Tech Engineering Ltd is Ivvone Mugabe.
ivvone mugabe
100%
hm tech engineering ltd directors
Hm Tech Engineering Ltd currently has 2 directors.
The longest serving directors include
Mr Herbert Mandidewa (May 2016) and
Mrs Ivvone Mandidewa (Mar 2018).
59 wittering way kingsway, quedgeley, gloucester, GL2 2DP
Bank
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Legal Advisor
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hm tech engineering 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 hm tech engineering ltd.
hm tech engineering ltd 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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hm tech engineering ltdCompanies House Filings - See Documents
