tangent.energy hybrid hire limited
tangent.energy hybrid hire limited Company Information
Company Number
10709407
Next Accounts
78 days late
Directors
Shareholders
tangent energy group limited
Group Structure
View All
Industry
Manufacture of electric motors, generators and transformers
+1Registered Address
albion wharf albion street, southwick, west sussex, BN42 4ED
Website
-tangent.energy hybrid hire limited Estimated Valuation
Pomanda estimates the enterprise value of TANGENT.ENERGY HYBRID HIRE LIMITED at £155.4k based on a Turnover of £279.2k and 0.56x industry multiple (adjusted for size and gross margin).
tangent.energy hybrid hire limited Estimated Valuation
Pomanda estimates the enterprise value of TANGENT.ENERGY HYBRID HIRE LIMITED at £0 based on an EBITDA of £-20k and a 3.49x industry multiple (adjusted for size and gross margin).
tangent.energy hybrid hire limited Estimated Valuation
Pomanda estimates the enterprise value of TANGENT.ENERGY HYBRID HIRE LIMITED at £0 based on Net Assets of £-123.3k and 2.05x industry multiple (adjusted for liquidity).
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Tangent.energy Hybrid Hire Limited Overview
Tangent.energy Hybrid Hire Limited is a live company located in west sussex, BN42 4ED with a Companies House number of 10709407. It operates in the manufacture of electric motors, generators and transformers sector, SIC Code 27110. Founded in April 2017, it's largest shareholder is tangent energy group limited with a 100% stake. Tangent.energy Hybrid Hire Limited is a young, micro sized company, Pomanda has estimated its turnover at £279.2k with healthy growth in recent years.
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Tangent.energy Hybrid Hire Limited Health Check
Pomanda's financial health check has awarded Tangent.Energy Hybrid Hire Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £279.2k, make it smaller than the average company (£15m)
- Tangent.energy Hybrid Hire Limited
£15m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.6%)
- Tangent.energy Hybrid Hire Limited
4.6% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (30.2%)
- Tangent.energy Hybrid Hire Limited
30.2% - Industry AVG
Profitability
an operating margin of -7.1% make it less profitable than the average company (5.1%)
- Tangent.energy Hybrid Hire Limited
5.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (91)
- Tangent.energy Hybrid Hire Limited
91 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
- Tangent.energy Hybrid Hire Limited
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £279.2k, this is more efficient (£164k)
- Tangent.energy Hybrid Hire Limited
£164k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (67 days)
- Tangent.energy Hybrid Hire Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 295 days, this is slower than average (50 days)
- Tangent.energy Hybrid Hire Limited
50 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tangent.energy Hybrid Hire Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tangent.energy Hybrid Hire Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 253.4%, this is a higher level of debt than the average (53%)
253.4% - Tangent.energy Hybrid Hire Limited
53% - Industry AVG
TANGENT.ENERGY HYBRID HIRE LIMITED financials
Tangent.Energy Hybrid Hire Limited's latest turnover from April 2023 is estimated at £279.2 thousand and the company has net assets of -£123.3 thousand. According to their latest financial statements, we estimate that Tangent.Energy Hybrid Hire Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 69,059 | 86,324 | 107,906 | 134,883 | 168,604 | 104,250 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 69,059 | 86,324 | 107,906 | 134,883 | 168,604 | 104,250 |
| Stock & work in progress | ||||||
| Trade Debtors | 11,298 | 9,181 | 13,893 | 9,045 | 13,136 | 20,850 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | ||||||
| misc current assets | ||||||
| total current assets | 11,298 | 9,181 | 13,893 | 9,045 | 13,136 | 20,850 |
| total assets | 80,357 | 95,505 | 121,799 | 143,928 | 181,740 | 125,100 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 182,754 | 146,760 | 119,315 | 126,952 | 86,930 | 125,210 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 182,754 | 146,760 | 119,315 | 126,952 | 86,930 | 125,210 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 20,878 | 52,056 | 72,563 | 52,781 | 99,949 | |
| provisions | ||||||
| total long term liabilities | 20,878 | 52,056 | 72,563 | 52,781 | 99,949 | |
| total liabilities | 203,632 | 198,816 | 191,878 | 179,733 | 186,879 | 125,210 |
| net assets | -123,275 | -103,311 | -70,079 | -35,805 | -5,139 | -110 |
| total shareholders funds | -123,275 | -103,311 | -70,079 | -35,805 | -5,139 | -110 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 2,117 | -4,712 | 4,848 | -4,091 | -7,714 | 20,850 |
| Creditors | 35,994 | 27,445 | -7,637 | 40,022 | -38,280 | 125,210 |
| Accruals and Deferred Income | ||||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| 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 | -31,178 | -20,507 | 19,782 | -47,168 | 99,949 | |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | ||||||
| overdraft | ||||||
| change in cash |
tangent.energy hybrid hire limited Credit Report and Business Information
Tangent.energy Hybrid Hire Limited Competitor Analysis
Perform a competitor analysis for tangent.energy hybrid hire limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in BN42 area or any other competitors across 12 key performance metrics.
tangent.energy hybrid hire limited Ownership
TANGENT.ENERGY HYBRID HIRE LIMITED group structure
Tangent.Energy Hybrid Hire Limited has no subsidiary companies.
Ultimate parent company
1 parent
TANGENT.ENERGY HYBRID HIRE LIMITED
10709407
tangent.energy hybrid hire limited directors
Tangent.Energy Hybrid Hire Limited currently has 1 director, Mr Stephen Dudman serving since Apr 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Dudman | United Kingdom | 65 years | Apr 2017 | - | Director |
P&L
April 2023turnover
279.2k
+18%
operating profit
-20k
0%
gross margin
19.2%
-6.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-123.3k
+0.19%
total assets
80.4k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
tangent.energy hybrid hire limited company details
company number
10709407
Type
Private limited with Share Capital
industry
27110 - Manufacture of electric motors, generators and transformers
27900 - Manufacture of other electrical equipment
incorporation date
April 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
CARPENTER BOX
auditor
-
address
albion wharf albion street, southwick, west sussex, BN42 4ED
Bank
-
Legal Advisor
-
tangent.energy hybrid hire 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 tangent.energy hybrid hire limited.
tangent.energy hybrid hire 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 TANGENT.ENERGY HYBRID HIRE LIMITED. This can take several minutes, an email will notify you when this has completed.
tangent.energy hybrid hire limited Companies House Filings - See Documents
| date | description | view/download |
|---|
