alco hi-tek limited
alco hi-tek limited Company Information
Company Number
12872909
Next Accounts
Nov 2025
Shareholders
alco valves holdings limited
Group Structure
View All
Industry
Manufacture of other taps and valves
Registered Address
unit ar2, armytage road industrial estate, brighouse, west yorkshire, HD6 1PT
Website
-alco hi-tek limited Estimated Valuation
Pomanda estimates the enterprise value of ALCO HI-TEK LIMITED at £2.2m based on a Turnover of £3m and 0.73x industry multiple (adjusted for size and gross margin).
alco hi-tek limited Estimated Valuation
Pomanda estimates the enterprise value of ALCO HI-TEK LIMITED at £614.6k based on an EBITDA of £131.2k and a 4.68x industry multiple (adjusted for size and gross margin).
alco hi-tek limited Estimated Valuation
Pomanda estimates the enterprise value of ALCO HI-TEK LIMITED at £2.2m based on Net Assets of £847.3k and 2.55x industry multiple (adjusted for liquidity).
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Alco Hi-tek Limited Overview
Alco Hi-tek Limited is a live company located in brighouse, HD6 1PT with a Companies House number of 12872909. It operates in the manufacture of taps and valves sector, SIC Code 28140. Founded in September 2020, it's largest shareholder is alco valves holdings limited with a 100% stake. Alco Hi-tek Limited is a young, small sized company, Pomanda has estimated its turnover at £3m with unknown growth in recent years.
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Alco Hi-tek Limited Health Check
Pomanda's financial health check has awarded Alco Hi-Tek Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £3m, make it smaller than the average company (£16.8m)
£3m - Alco Hi-tek Limited
£16.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Alco Hi-tek Limited
- - Industry AVG
Production
with a gross margin of 28.2%, this company has a higher cost of product (35.4%)
28.2% - Alco Hi-tek Limited
35.4% - Industry AVG
Profitability
an operating margin of 4.3% make it less profitable than the average company (6.8%)
4.3% - Alco Hi-tek Limited
6.8% - Industry AVG
Employees
with 23 employees, this is below the industry average (92)
23 - Alco Hi-tek Limited
92 - Industry AVG
Pay Structure
on an average salary of £50.7k, the company has an equivalent pay structure (£50.7k)
- Alco Hi-tek Limited
£50.7k - Industry AVG
Efficiency
resulting in sales per employee of £131.5k, this is less efficient (£206.4k)
£131.5k - Alco Hi-tek Limited
£206.4k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (61 days)
96 days - Alco Hi-tek Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (55 days)
74 days - Alco Hi-tek Limited
55 days - Industry AVG
Stock Days
it holds stock equivalent to 94 days, this is in line with average (105 days)
94 days - Alco Hi-tek Limited
105 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (8 weeks)
6 weeks - Alco Hi-tek Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.5%, this is a similar level of debt than the average (55.2%)
54.5% - Alco Hi-tek Limited
55.2% - Industry AVG
ALCO HI-TEK LIMITED financials
Alco Hi-Tek Limited's latest turnover from February 2024 is £3 million and the company has net assets of £847.3 thousand. According to their latest financial statements, Alco Hi-Tek Limited has 23 employees and maintains cash reserves of £125.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | |
|---|---|---|---|
| Turnover | 3,024,240 | 3,522,321 | |
| Other Income Or Grants | |||
| Cost Of Sales | 2,172,097 | 2,387,019 | |
| Gross Profit | 852,143 | 1,135,302 | |
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | 105,910 | 368,715 | |
| Tax | |||
| Profit After Tax | 105,910 | 368,715 | |
| Dividends Paid | |||
| Retained Profit | 105,910 | 368,715 | |
| Employee Costs | |||
| Number Of Employees | 23 | 15 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | 562,266 | 388,836 | 65,985 |
| Trade Debtors | 801,286 | 424,572 | 132 |
| Group Debtors | 2,416 | 496,667 | 938,162 |
| Misc Debtors | 372,416 | 183,338 | 158 |
| Cash | 125,499 | 254,914 | 17,614 |
| misc current assets | |||
| total current assets | 1,863,883 | 1,748,327 | 1,022,051 |
| total assets | 1,863,883 | 1,748,327 | 1,022,051 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 441,633 | 340,713 | 30,132 |
| Group/Directors Accounts | 38,944 | 571,714 | 393,410 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 535,961 | 94,465 | 225,789 |
| total current liabilities | 1,016,538 | 1,006,892 | 649,331 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 1,016,538 | 1,006,892 | 649,331 |
| net assets | 847,345 | 741,435 | 372,720 |
| total shareholders funds | 847,345 | 741,435 | 372,720 |
| Feb 2024 | Feb 2023 | Feb 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 173,430 | 322,851 | 65,985 |
| Debtors | 71,541 | 166,125 | 938,452 |
| Creditors | 100,920 | 310,581 | 30,132 |
| Accruals and Deferred Income | 441,496 | -131,324 | 225,789 |
| 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 | -532,770 | 178,304 | 393,410 |
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | -532,770 | 178,304 | |
| cash and cash equivalents | |||
| cash | -129,415 | 237,300 | 17,614 |
| overdraft | |||
| change in cash | -129,415 | 237,300 | 17,614 |
alco hi-tek limited Credit Report and Business Information
Alco Hi-tek Limited Competitor Analysis
Perform a competitor analysis for alco hi-tek limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in HD6 area or any other competitors across 12 key performance metrics.
alco hi-tek limited Ownership
ALCO HI-TEK LIMITED group structure
Alco Hi-Tek Limited has no subsidiary companies.
alco hi-tek limited directors
Alco Hi-Tek Limited currently has 2 directors. The longest serving directors include Mr Mark Sargent (Sep 2020) and Mr Richard Bedford (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Sargent | 51 years | Sep 2020 | - | Director | |
| Mr Richard Bedford | England | 50 years | Jul 2023 | - | Director |
P&L
February 2024turnover
3m
-14%
operating profit
131.2k
0%
gross margin
28.2%
-12.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
847.3k
+0.14%
total assets
1.9m
+0.07%
cash
125.5k
-0.51%
net assets
Total assets minus all liabilities
Similar Companies
alco hi-tek limited company details
company number
12872909
Type
Private limited with Share Capital
industry
28140 - Manufacture of other taps and valves
incorporation date
September 2020
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
BACHE BROWN & CO LTD
address
unit ar2, armytage road industrial estate, brighouse, west yorkshire, HD6 1PT
Bank
-
Legal Advisor
-
alco hi-tek 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 found 1 charges/mortgages relating to alco hi-tek limited. Currently there are 1 open charges and 0 have been satisfied in the past.
alco hi-tek 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 ALCO HI-TEK LIMITED. This can take several minutes, an email will notify you when this has completed.
alco hi-tek limited Companies House Filings - See Documents
| date | description | view/download |
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