alliance heat ltd
alliance heat ltd Company Information
Company Number
10602407
Website
www.allianceheat.co.ukRegistered Address
155 wellingborough road, rushden, northamptonshire, NN10 9TB
Industry
Plumbing, heat and air-conditioning installation
Telephone
01933717024
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
glenn jacob harrison 80%
katie ellen may harrison 20%
alliance heat ltd Estimated Valuation
Pomanda estimates the enterprise value of ALLIANCE HEAT LTD at £137.1k based on a Turnover of £325.5k and 0.42x industry multiple (adjusted for size and gross margin).
alliance heat ltd Estimated Valuation
Pomanda estimates the enterprise value of ALLIANCE HEAT LTD at £174.7k based on an EBITDA of £39.2k and a 4.46x industry multiple (adjusted for size and gross margin).
alliance heat ltd Estimated Valuation
Pomanda estimates the enterprise value of ALLIANCE HEAT LTD at £165.8k based on Net Assets of £52.9k and 3.13x industry multiple (adjusted for liquidity).
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Alliance Heat Ltd Overview
Alliance Heat Ltd is a live company located in northamptonshire, NN10 9TB with a Companies House number of 10602407. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in February 2017, it's largest shareholder is glenn jacob harrison with a 80% stake. Alliance Heat Ltd is a young, micro sized company, Pomanda has estimated its turnover at £325.5k with declining growth in recent years.
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Alliance Heat Ltd Health Check
Pomanda's financial health check has awarded Alliance Heat Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £325.5k, make it in line with the average company (£397.9k)
- Alliance Heat Ltd
£397.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.3%)
- Alliance Heat Ltd
4.3% - Industry AVG
Production
with a gross margin of 18.3%, this company has a higher cost of product (27.7%)
- Alliance Heat Ltd
27.7% - Industry AVG
Profitability
an operating margin of 12% make it more profitable than the average company (6.6%)
- Alliance Heat Ltd
6.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Alliance Heat Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.5k, the company has an equivalent pay structure (£33.5k)
- Alliance Heat Ltd
£33.5k - Industry AVG
Efficiency
resulting in sales per employee of £162.7k, this is more efficient (£110.5k)
- Alliance Heat Ltd
£110.5k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (56 days)
- Alliance Heat Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (46 days)
- Alliance Heat Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Alliance Heat Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Alliance Heat Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.5%, this is a lower level of debt than the average (61.8%)
49.5% - Alliance Heat Ltd
61.8% - Industry AVG
ALLIANCE HEAT LTD financials
Alliance Heat Ltd's latest turnover from March 2023 is estimated at £325.5 thousand and the company has net assets of £52.9 thousand. According to their latest financial statements, we estimate that Alliance Heat Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 7,070 | 9,634 | 10,047 | 13,513 | 15,666 | 17,403 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,070 | 9,634 | 10,047 | 13,513 | 15,666 | 17,403 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 650 |
| Trade Debtors | 97,739 | 69,080 | 153,483 | 153,200 | 158,780 | 8,760 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 1,436 |
| Cash | 0 | 0 | 0 | 0 | 0 | 91,516 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 97,739 | 69,080 | 153,483 | 153,200 | 158,780 | 102,362 |
| total assets | 104,809 | 78,714 | 163,530 | 166,713 | 174,446 | 119,765 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 51,871 | 57,532 | 139,739 | 99,322 | 99,163 | 12,803 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 1,678 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 72,093 |
| total current liabilities | 51,871 | 57,532 | 139,739 | 99,322 | 99,163 | 86,574 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 5,104 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 3,083 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 8,187 |
| total liabilities | 51,871 | 57,532 | 139,739 | 99,322 | 99,163 | 94,761 |
| net assets | 52,938 | 21,182 | 23,791 | 67,391 | 75,283 | 25,004 |
| total shareholders funds | 52,938 | 21,182 | 23,791 | 67,391 | 75,283 | 25,004 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 5,802 | |||||
| Amortisation | 0 | |||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | -650 | 650 |
| Debtors | 28,659 | -84,403 | 283 | -5,580 | 148,584 | 10,196 |
| Creditors | -5,661 | -82,207 | 40,417 | 159 | 86,360 | 12,803 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -72,093 | 72,093 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -3,083 | 3,083 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | -6,782 | 6,782 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | -91,516 | 91,516 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -91,516 | 91,516 |
alliance heat ltd Credit Report and Business Information
Alliance Heat Ltd Competitor Analysis
Perform a competitor analysis for alliance heat ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NN10 area or any other competitors across 12 key performance metrics.
alliance heat ltd Ownership
ALLIANCE HEAT LTD group structure
Alliance Heat Ltd has no subsidiary companies.
Ultimate parent company
ALLIANCE HEAT LTD
10602407
alliance heat ltd directors
Alliance Heat Ltd currently has 2 directors. The longest serving directors include Mr Glenn Harrison (Feb 2017) and Mrs Katie Harrison (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Glenn Harrison | England | 44 years | Feb 2017 | - | Director |
| Mrs Katie Harrison | 43 years | Apr 2017 | - | Director |
P&L
March 2023turnover
325.5k
+52%
operating profit
39.2k
0%
gross margin
18.4%
+0.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
52.9k
+1.5%
total assets
104.8k
+0.33%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
alliance heat ltd company details
company number
10602407
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
February 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
155 wellingborough road, rushden, northamptonshire, NN10 9TB
Bank
-
Legal Advisor
-
alliance heat 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 alliance heat ltd.
alliance heat ltd Companies House Filings - See Documents
| date | description | view/download |
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