hg m & e limited
hg m & e limited Company Information
Company Number
10642370
Next Accounts
Sep 2025
Shareholders
hg contruction limited
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
4 hunting gate, hitchin, SG4 0TJ
hg m & e limited Estimated Valuation
Pomanda estimates the enterprise value of HG M & E LIMITED at £14.7m based on a Turnover of £37.8m and 0.39x industry multiple (adjusted for size and gross margin).
hg m & e limited Estimated Valuation
Pomanda estimates the enterprise value of HG M & E LIMITED at £0 based on an EBITDA of £-213k and a 3.65x industry multiple (adjusted for size and gross margin).
hg m & e limited Estimated Valuation
Pomanda estimates the enterprise value of HG M & E LIMITED at £7.1m based on Net Assets of £3.2m and 2.21x industry multiple (adjusted for liquidity).
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Hg M & E Limited Overview
Hg M & E Limited is a live company located in hitchin, SG4 0TJ with a Companies House number of 10642370. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in February 2017, it's largest shareholder is hg contruction limited with a 100% stake. Hg M & E Limited is a young, large sized company, Pomanda has estimated its turnover at £37.8m with high growth in recent years.
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Hg M & E Limited Health Check
Pomanda's financial health check has awarded Hg M & E Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £37.8m, make it larger than the average company (£8.4m)
£37.8m - Hg M & E Limited
£8.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (9.3%)
26% - Hg M & E Limited
9.3% - Industry AVG
Production
with a gross margin of -0.5%, this company has a higher cost of product (24.5%)
-0.5% - Hg M & E Limited
24.5% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (6.1%)
-0.6% - Hg M & E Limited
6.1% - Industry AVG
Employees
with 6 employees, this is below the industry average (36)
6 - Hg M & E Limited
36 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Hg M & E Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £6.3m, this is more efficient (£203.3k)
£6.3m - Hg M & E Limited
£203.3k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is near the average (56 days)
67 days - Hg M & E Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (37 days)
22 days - Hg M & E Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hg M & E Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is average cash available to meet short term requirements (20 weeks)
20 weeks - Hg M & E Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.8%, this is a higher level of debt than the average (60.9%)
71.8% - Hg M & E Limited
60.9% - Industry AVG
HG M & E LIMITED financials
Hg M & E Limited's latest turnover from December 2023 is £37.8 million and the company has net assets of £3.2 million. According to their latest financial statements, Hg M & E Limited has 6 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 37,825,000 | 19,573,000 | 18,846,000 | 18,825,000 | |||
| Other Income Or Grants | |||||||
| Cost Of Sales | 38,027,000 | 19,573,000 | 17,848,000 | 17,444,000 | |||
| Gross Profit | -202,000 | 998,000 | 1,381,000 | ||||
| Admin Expenses | 11,000 | 13,000 | 41,000 | 11,000 | |||
| Operating Profit | -213,000 | -13,000 | 957,000 | 1,370,000 | |||
| Interest Payable | |||||||
| Interest Receivable | 21,000 | 14,000 | 1,000 | ||||
| Pre-Tax Profit | -192,000 | 1,000 | 957,000 | 1,371,000 | |||
| Tax | 61,000 | 75,000 | 5,000 | -260,000 | |||
| Profit After Tax | -131,000 | 76,000 | 962,000 | 1,111,000 | |||
| Dividends Paid | |||||||
| Retained Profit | -131,000 | 76,000 | 962,000 | 1,111,000 | |||
| Employee Costs | |||||||
| Number Of Employees | 6 | 6 | 6 | 6 | 6 | 6 | 5 |
| EBITDA* | -213,000 | -13,000 | 957,000 | 1,370,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | |||||||
| Stock & work in progress | 2,000 | ||||||
| Trade Debtors | 6,956,000 | 6,480,000 | 4,828,000 | 3,870,000 | 1,748,000 | 1,884,000 | |
| Group Debtors | 1,214,000 | 291,000 | 843,000 | 130,000 | |||
| Misc Debtors | 136,000 | 269,000 | 70,000 | 84,000 | 96,000 | 229,000 | 33,000 |
| Cash | 3,186,000 | 3,043,000 | 3,822,000 | 2,820,000 | 875,000 | 2,276,000 | 184,000 |
| misc current assets | 1,000 | ||||||
| total current assets | 11,492,000 | 10,083,000 | 9,564,000 | 6,904,000 | 2,719,000 | 4,389,000 | 219,000 |
| total assets | 11,492,000 | 10,083,000 | 9,564,000 | 6,904,000 | 2,719,000 | 4,389,000 | 219,000 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 2,295,000 | 4,582,000 | 2,934,000 | 1,785,000 | 553,000 | 3,701,000 | 182,000 |
| Group/Directors Accounts | 9,000 | 9,000 | 224,000 | 1,000 | |||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 5,960,000 | 2,133,000 | 3,329,000 | 2,780,000 | 723,000 | 44,000 | 7,000 |
| total current liabilities | 8,255,000 | 6,715,000 | 6,272,000 | 4,574,000 | 1,500,000 | 3,745,000 | 190,000 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 8,255,000 | 6,715,000 | 6,272,000 | 4,574,000 | 1,500,000 | 3,745,000 | 190,000 |
| net assets | 3,237,000 | 3,368,000 | 3,292,000 | 2,330,000 | 1,219,000 | 644,000 | 29,000 |
| total shareholders funds | 3,237,000 | 3,368,000 | 3,292,000 | 2,330,000 | 1,219,000 | 644,000 | 29,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -213,000 | -13,000 | 957,000 | 1,370,000 | |||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | 61,000 | 75,000 | 5,000 | -260,000 | |||
| Stock | -2,000 | 2,000 | |||||
| Debtors | 1,266,000 | 1,299,000 | 1,657,000 | 2,240,000 | -269,000 | 2,080,000 | 33,000 |
| Creditors | -2,287,000 | 1,648,000 | 1,149,000 | 1,232,000 | -3,148,000 | 3,519,000 | 182,000 |
| Accruals and Deferred Income | 3,827,000 | -1,196,000 | 549,000 | 2,057,000 | 679,000 | 37,000 | 7,000 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | 122,000 | -785,000 | 1,003,000 | 2,159,000 | |||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -9,000 | -215,000 | 224,000 | -1,000 | 1,000 | ||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | 21,000 | 14,000 | 1,000 | ||||
| cash flow from financing | 21,000 | 5,000 | -214,000 | ||||
| cash and cash equivalents | |||||||
| cash | 143,000 | -779,000 | 1,002,000 | 1,945,000 | -1,401,000 | 2,092,000 | 184,000 |
| overdraft | |||||||
| change in cash | 143,000 | -779,000 | 1,002,000 | 1,945,000 | -1,401,000 | 2,092,000 | 184,000 |
hg m & e limited Credit Report and Business Information
Hg M & E Limited Competitor Analysis
Perform a competitor analysis for hg m & e limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in SG4 area or any other competitors across 12 key performance metrics.
hg m & e limited Ownership
HG M & E LIMITED group structure
Hg M & E Limited has no subsidiary companies.
Ultimate parent company
2 parents
HG M & E LIMITED
10642370
hg m & e limited directors
Hg M & E Limited currently has 6 directors. The longest serving directors include Mr Christopher Benham (Feb 2017) and Mr Christopher Benham (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Benham | United Kingdom | 67 years | Feb 2017 | - | Director |
| Mr Christopher Benham | United Kingdom | 67 years | Feb 2017 | - | Director |
| Mr Adam Quinn | United Kingdom | 42 years | Feb 2017 | - | Director |
| Mr Kevin Quinn | England | 71 years | Feb 2017 | - | Director |
| Mr Greg Purkiss | United Kingdom | 43 years | Apr 2018 | - | Director |
| Mr John Rock | England | 36 years | Oct 2019 | - | Director |
P&L
December 2023turnover
37.8m
+93%
operating profit
-213k
+1538%
gross margin
-0.5%
%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.2m
-0.04%
total assets
11.5m
+0.14%
cash
3.2m
+0.05%
net assets
Total assets minus all liabilities
hg m & e limited company details
company number
10642370
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
MHA
auditor
-
address
4 hunting gate, hitchin, SG4 0TJ
Bank
-
Legal Advisor
-
hg m & e 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 did not find charges/mortgages relating to hg m & e limited.
hg m & e 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.
Click to start generating capital raising & share issue transactions for HG M & E LIMITED. This can take several minutes, an email will notify you when this has completed.
hg m & e limited Companies House Filings - See Documents
| date | description | view/download |
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