harrogate steel trading ltd
harrogate steel trading ltd Company Information
Company Number
10720707
Website
www.harrogatesteel.comRegistered Address
c/o bridgewood financial solutio, cumberland house, nottingham, NG1 6EE
Industry
Wholesale of metals and metal ores
Telephone
441423222600
Next Accounts Due
947 days late
Group Structure
View All
Directors
- Years
Shareholders
harrogate steel holdings ltd 100%
harrogate steel trading ltd Estimated Valuation
Pomanda estimates the enterprise value of HARROGATE STEEL TRADING LTD at £1m based on a Turnover of £4.9m and 0.21x industry multiple (adjusted for size and gross margin).
harrogate steel trading ltd Estimated Valuation
Pomanda estimates the enterprise value of HARROGATE STEEL TRADING LTD at £0 based on an EBITDA of £-314.3k and a 2.28x industry multiple (adjusted for size and gross margin).
harrogate steel trading ltd Estimated Valuation
Pomanda estimates the enterprise value of HARROGATE STEEL TRADING LTD at £0 based on Net Assets of £-408k and 1.48x industry multiple (adjusted for liquidity).
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Harrogate Steel Trading Ltd Overview
Harrogate Steel Trading Ltd is a live company located in nottingham, NG1 6EE with a Companies House number of 10720707. It operates in the wholesale of metals and metal ores sector, SIC Code 46720. Founded in April 2017, it's largest shareholder is harrogate steel holdings ltd with a 100% stake. Harrogate Steel Trading Ltd is a young, small sized company, Pomanda has estimated its turnover at £4.9m with unknown growth in recent years.
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Harrogate Steel Trading Ltd Health Check
Pomanda's financial health check has awarded Harrogate Steel Trading Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
4 Weak
Size
annual sales of £4.9m, make it smaller than the average company (£23.2m)
- Harrogate Steel Trading Ltd
£23.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Harrogate Steel Trading Ltd
- - Industry AVG
Production
with a gross margin of 12.5%, this company has a comparable cost of product (12.5%)
- Harrogate Steel Trading Ltd
12.5% - Industry AVG
Profitability
an operating margin of -6.4% make it less profitable than the average company (2.8%)
- Harrogate Steel Trading Ltd
2.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (32)
5 - Harrogate Steel Trading Ltd
32 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Harrogate Steel Trading Ltd
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £989.2k, this is more efficient (£594k)
- Harrogate Steel Trading Ltd
£594k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is near the average (69 days)
- Harrogate Steel Trading Ltd
69 days - Industry AVG
Creditor Days
its suppliers are paid after 124 days, this is slower than average (50 days)
- Harrogate Steel Trading Ltd
50 days - Industry AVG
Stock Days
it holds stock equivalent to 59 days, this is in line with average (73 days)
- Harrogate Steel Trading Ltd
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is average cash available to meet short term requirements (3 weeks)
3 weeks - Harrogate Steel Trading Ltd
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 123.4%, this is a higher level of debt than the average (68.1%)
123.4% - Harrogate Steel Trading Ltd
68.1% - Industry AVG
harrogate steel trading ltd Credit Report and Business Information
Harrogate Steel Trading Ltd Competitor Analysis
Perform a competitor analysis for harrogate steel trading ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
harrogate steel trading ltd Ownership
HARROGATE STEEL TRADING LTD group structure
Harrogate Steel Trading Ltd has no subsidiary companies.
Ultimate parent company
1 parent
HARROGATE STEEL TRADING LTD
10720707
harrogate steel trading ltd directors
Harrogate Steel Trading Ltd currently has 1 director, undefined undefined serving since - .
| officer | country | age | start | end | role |
|---|
HARROGATE STEEL TRADING LTD financials
Harrogate Steel Trading Ltd's latest turnover from December 2019 is estimated at £4.9 million and the company has net assets of -£408 thousand. According to their latest financial statements, Harrogate Steel Trading Ltd has 5 employees and maintains cash reserves of £134.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 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 | 5 | 5 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|
| Tangible Assets | 0 | 324 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 324 | 0 |
| Stock & work in progress | 705,169 | 512,181 | 713,397 |
| Trade Debtors | 759,024 | 1,875,689 | 1,534,320 |
| Group Debtors | 3,693 | 2,277 | 100 |
| Misc Debtors | 143,020 | 202,703 | 1,808,164 |
| Cash | 134,891 | 19,251 | 76,002 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 1,745,797 | 2,612,101 | 4,131,983 |
| total assets | 1,745,797 | 2,612,425 | 4,131,983 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 1,471,670 | 1,177,361 | 2,827,273 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 682,092 | 1,528,987 | 1,252,376 |
| total current liabilities | 2,153,762 | 2,706,348 | 4,079,649 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 2,153,762 | 2,706,348 | 4,079,649 |
| net assets | -407,965 | -93,923 | 52,334 |
| total shareholders funds | -407,965 | -93,923 | 52,334 |
| Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 324 | 324 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 192,988 | -201,216 | 713,397 |
| Debtors | -1,174,932 | -1,261,915 | 3,342,584 |
| Creditors | 294,309 | -1,649,912 | 2,827,273 |
| Accruals and Deferred Income | -846,895 | 276,611 | 1,252,376 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 115,640 | -56,751 | 76,002 |
| overdraft | 0 | 0 | 0 |
| change in cash | 115,640 | -56,751 | 76,002 |
P&L
December 2019turnover
4.9m
-14%
operating profit
-314.6k
0%
gross margin
12.6%
-9.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
-408k
+3.34%
total assets
1.7m
-0.33%
cash
134.9k
+6.01%
net assets
Total assets minus all liabilities
harrogate steel trading ltd company details
company number
10720707
Type
Private limited with Share Capital
industry
46720 - Wholesale of metals and metal ores
incorporation date
April 2017
age
7
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
c/o bridgewood financial solutio, cumberland house, nottingham, NG1 6EE
last accounts submitted
December 2019
harrogate steel trading 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 harrogate steel trading ltd.
harrogate steel trading ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
