harland and wolff (arnish) limited
harland and wolff (arnish) limited Company Information
Company Number
13444660
Next Accounts
116 days late
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Manufacture of other fabricated metal products n.e.c.
Shareholders
harland & wolff holdings limited
Group Structure
View All
Contact
Registered Address
fieldfisher riverbank house, 2 swan lane, london, EC4R 3TT
Website
-harland and wolff (arnish) limited Estimated Valuation
Pomanda estimates the enterprise value of HARLAND AND WOLFF (ARNISH) LIMITED at £1.3m based on a Turnover of £2.7m and 0.48x industry multiple (adjusted for size and gross margin).
harland and wolff (arnish) limited Estimated Valuation
Pomanda estimates the enterprise value of HARLAND AND WOLFF (ARNISH) LIMITED at £0 based on an EBITDA of £-2.8m and a 3.79x industry multiple (adjusted for size and gross margin).
harland and wolff (arnish) limited Estimated Valuation
Pomanda estimates the enterprise value of HARLAND AND WOLFF (ARNISH) LIMITED at £0 based on Net Assets of £-3.7m and 2.28x industry multiple (adjusted for liquidity).
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Harland And Wolff (arnish) Limited Overview
Harland And Wolff (arnish) Limited is a live company located in london, EC4R 3TT with a Companies House number of 13444660. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in June 2021, it's largest shareholder is harland & wolff holdings limited with a 100% stake. Harland And Wolff (arnish) Limited is a startup, small sized company, Pomanda has estimated its turnover at £2.7m with unknown growth in recent years.
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Harland And Wolff (arnish) Limited Health Check
Pomanda's financial health check has awarded Harland And Wolff (Arnish) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
6 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£8.6m)
£2.7m - Harland And Wolff (arnish) Limited
£8.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Harland And Wolff (arnish) Limited
- - Industry AVG
Production
with a gross margin of 24.5%, this company has a higher cost of product (31.2%)
24.5% - Harland And Wolff (arnish) Limited
31.2% - Industry AVG
Profitability
an operating margin of -109% make it less profitable than the average company (5.9%)
-109% - Harland And Wolff (arnish) Limited
5.9% - Industry AVG
Employees
with 67 employees, this is above the industry average (53)
67 - Harland And Wolff (arnish) Limited
53 - Industry AVG
Pay Structure
on an average salary of £28.5k, the company has a lower pay structure (£47.8k)
£28.5k - Harland And Wolff (arnish) Limited
£47.8k - Industry AVG
Efficiency
resulting in sales per employee of £39.9k, this is less efficient (£141.7k)
£39.9k - Harland And Wolff (arnish) Limited
£141.7k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (65 days)
12 days - Harland And Wolff (arnish) Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (39 days)
86 days - Harland And Wolff (arnish) Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 30 days, this is less than average (57 days)
30 days - Harland And Wolff (arnish) Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Harland And Wolff (arnish) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 245.5%, this is a higher level of debt than the average (52.9%)
245.5% - Harland And Wolff (arnish) Limited
52.9% - Industry AVG
HARLAND AND WOLFF (ARNISH) LIMITED financials
Harland And Wolff (Arnish) Limited's latest turnover from December 2022 is £2.7 million and the company has net assets of -£3.7 million. According to their latest financial statements, Harland And Wolff (Arnish) Limited has 67 employees and maintains cash reserves of £41.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Turnover | 2,676,566 | 133,527 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 2,020,770 | 0 |
| Gross Profit | 655,796 | 133,527 |
| Admin Expenses | 3,574,049 | 756,304 |
| Operating Profit | -2,918,253 | -622,777 |
| Interest Payable | 124,530 | 1,491 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | -3,042,783 | -624,268 |
| Tax | 0 | 0 |
| Profit After Tax | -3,042,783 | -624,268 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -3,042,783 | -624,268 |
| Employee Costs | 1,906,234 | 350,129 |
| Number Of Employees | 67 | 13 |
| EBITDA* | -2,813,812 | -622,777 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Tangible Assets | 1,297,069 | 16,865 |
| Intangible Assets | 21,596 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 1,318,665 | 16,865 |
| Stock & work in progress | 170,429 | 129,868 |
| Trade Debtors | 93,973 | 109,381 |
| Group Debtors | 501 | 100 |
| Misc Debtors | 894,340 | 417,309 |
| Cash | 41,611 | 19,517 |
| misc current assets | 0 | 0 |
| total current assets | 1,200,854 | 676,175 |
| total assets | 2,519,519 | 693,040 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 476,788 | 255,843 |
| Group/Directors Accounts | 3,521,070 | 893,411 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 211,712 | 0 |
| other current liabilities | 884,612 | 167,954 |
| total current liabilities | 5,094,182 | 1,317,208 |
| loans | 0 | 0 |
| hp & lease commitments | 1,092,288 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 1,092,288 | 0 |
| total liabilities | 6,186,470 | 1,317,208 |
| net assets | -3,666,951 | -624,168 |
| total shareholders funds | -3,666,951 | -624,168 |
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -2,918,253 | -622,777 |
| Depreciation | 101,119 | 0 |
| Amortisation | 3,322 | 0 |
| Tax | 0 | 0 |
| Stock | 40,561 | 129,868 |
| Debtors | 462,024 | 526,790 |
| Creditors | 220,945 | 255,843 |
| Accruals and Deferred Income | 716,658 | 167,954 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | -2,378,794 | -855,638 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 2,627,659 | 893,411 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 1,304,000 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -124,530 | -1,491 |
| cash flow from financing | 3,807,129 | 892,020 |
| cash and cash equivalents | ||
| cash | 22,094 | 19,517 |
| overdraft | 0 | 0 |
| change in cash | 22,094 | 19,517 |
harland and wolff (arnish) limited Credit Report and Business Information
Harland And Wolff (arnish) Limited Competitor Analysis
Perform a competitor analysis for harland and wolff (arnish) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in EC4R area or any other competitors across 12 key performance metrics.
harland and wolff (arnish) limited Ownership
HARLAND AND WOLFF (ARNISH) LIMITED group structure
Harland And Wolff (Arnish) Limited has no subsidiary companies.
Ultimate parent company
2 parents
HARLAND AND WOLFF (ARNISH) LIMITED
13444660
harland and wolff (arnish) limited directors
Harland And Wolff (Arnish) Limited currently has 3 directors. The longest serving directors include Mr John Wood (Jun 2021) and Mr Russell Downs (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Wood | England | 51 years | Jun 2021 | - | Director |
| Mr Russell Downs | United Kingdom | 57 years | Jul 2024 | - | Director |
| Mr Alan Fort | 68 years | Sep 2024 | - | Director |
P&L
December 2022turnover
2.7m
+1905%
operating profit
-2.9m
+369%
gross margin
24.6%
-75.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-3.7m
+4.87%
total assets
2.5m
+2.64%
cash
41.6k
+1.13%
net assets
Total assets minus all liabilities
Similar Companies
harland and wolff (arnish) limited company details
company number
13444660
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
June 2021
age
4
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
N/A
accountant
AVENTUS PARTNERS LIMITED
auditor
PKF LITTLEJOHN LLP
address
fieldfisher riverbank house, 2 swan lane, london, EC4R 3TT
Bank
-
Legal Advisor
-
harland and wolff (arnish) 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 4 charges/mortgages relating to harland and wolff (arnish) limited. Currently there are 4 open charges and 0 have been satisfied in the past.
harland and wolff (arnish) 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 HARLAND AND WOLFF (ARNISH) LIMITED. This can take several minutes, an email will notify you when this has completed.
harland and wolff (arnish) limited Companies House Filings - See Documents
| date | description | view/download |
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