hilltop engineering and tool ltd
hilltop engineering and tool ltd Company Information
Company Number
14241233
Next Accounts
Dec 2025
Shareholders
ee spv 1 limited
Group Structure
View All
Industry
Manufacture of other fabricated metal products n.e.c.
Registered Address
hilltop engineering and tool ltd, coombs road, halesowen, B62 8AF
Website
hilltop-engineering.co.ukhilltop engineering and tool ltd Estimated Valuation
Pomanda estimates the enterprise value of HILLTOP ENGINEERING AND TOOL LTD at £599.6k based on a Turnover of £1.2m and 0.5x industry multiple (adjusted for size and gross margin).
hilltop engineering and tool ltd Estimated Valuation
Pomanda estimates the enterprise value of HILLTOP ENGINEERING AND TOOL LTD at £538.6k based on an EBITDA of £138.5k and a 3.89x industry multiple (adjusted for size and gross margin).
hilltop engineering and tool ltd Estimated Valuation
Pomanda estimates the enterprise value of HILLTOP ENGINEERING AND TOOL LTD at £425k based on Net Assets of £216.6k and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hilltop Engineering And Tool Ltd Overview
Hilltop Engineering And Tool Ltd is a live company located in halesowen, B62 8AF with a Companies House number of 14241233. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in July 2022, it's largest shareholder is ee spv 1 limited with a 100% stake. Hilltop Engineering And Tool Ltd is a startup, small sized company, Pomanda has estimated its turnover at £1.2m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Hilltop Engineering And Tool Ltd Health Check
Pomanda's financial health check has awarded Hilltop Engineering And Tool Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£13.9m)
- Hilltop Engineering And Tool Ltd
£13.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hilltop Engineering And Tool Ltd
- - Industry AVG
Production
with a gross margin of 29.2%, this company has a comparable cost of product (29.2%)
- Hilltop Engineering And Tool Ltd
29.2% - Industry AVG
Profitability
an operating margin of 10.9% make it more profitable than the average company (6.5%)
- Hilltop Engineering And Tool Ltd
6.5% - Industry AVG
Employees
with 14 employees, this is below the industry average (81)
14 - Hilltop Engineering And Tool Ltd
81 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
- Hilltop Engineering And Tool Ltd
£41k - Industry AVG
Efficiency
resulting in sales per employee of £86.3k, this is less efficient (£154.8k)
- Hilltop Engineering And Tool Ltd
£154.8k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is near the average (59 days)
- Hilltop Engineering And Tool Ltd
59 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is quicker than average (44 days)
- Hilltop Engineering And Tool Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 29 days, this is less than average (68 days)
- Hilltop Engineering And Tool Ltd
68 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (15 weeks)
7 weeks - Hilltop Engineering And Tool Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.8%, this is a similar level of debt than the average (46.3%)
46.8% - Hilltop Engineering And Tool Ltd
46.3% - Industry AVG
HILLTOP ENGINEERING AND TOOL LTD financials
Hilltop Engineering And Tool Ltd's latest turnover from March 2024 is estimated at £1.2 million and the company has net assets of £216.6 thousand. According to their latest financial statements, Hilltop Engineering And Tool Ltd has 14 employees and maintains cash reserves of £26.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | |
|---|---|---|
| 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 | 14 | 9 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Tangible Assets | 47,835 | 44,759 |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 47,835 | 44,759 |
| Stock & work in progress | 69,635 | 29,415 |
| Trade Debtors | 234,965 | 268,115 |
| Group Debtors | ||
| Misc Debtors | 28,440 | 24,485 |
| Cash | 26,133 | 36,839 |
| misc current assets | ||
| total current assets | 359,173 | 358,854 |
| total assets | 407,008 | 403,613 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 93,516 | 81,838 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | 328 | 3,935 |
| other current liabilities | 84,612 | 192,140 |
| total current liabilities | 178,456 | 277,913 |
| loans | ||
| hp & lease commitments | 328 | |
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | 11,959 | 8,504 |
| total long term liabilities | 11,959 | 8,832 |
| total liabilities | 190,415 | 286,745 |
| net assets | 216,593 | 116,868 |
| total shareholders funds | 216,593 | 116,868 |
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 7,143 | 4,109 |
| Amortisation | ||
| Tax | ||
| Stock | 40,220 | 29,415 |
| Debtors | -29,195 | 292,600 |
| Creditors | 11,678 | 81,838 |
| Accruals and Deferred Income | -107,528 | 192,140 |
| Deferred Taxes & Provisions | 3,455 | 8,504 |
| 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 | -3,935 | 4,263 |
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -10,706 | 36,839 |
| overdraft | ||
| change in cash | -10,706 | 36,839 |
hilltop engineering and tool ltd Credit Report and Business Information
Hilltop Engineering And Tool Ltd Competitor Analysis
Perform a competitor analysis for hilltop engineering and tool ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in B62 area or any other competitors across 12 key performance metrics.
hilltop engineering and tool ltd Ownership
HILLTOP ENGINEERING AND TOOL LTD group structure
Hilltop Engineering And Tool Ltd has no subsidiary companies.
Ultimate parent company
HILLTOP ENGINEERING AND TOOL LTD
14241233
hilltop engineering and tool ltd directors
Hilltop Engineering And Tool Ltd currently has 2 directors. The longest serving directors include Mr Nicholas Bortone (Jun 2024) and Mr Richard Olsen (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Bortone | United Kingdom | 51 years | Jun 2024 | - | Director |
| Mr Richard Olsen | United Kingdom | 57 years | Jun 2024 | - | Director |
P&L
March 2024turnover
1.2m
+22%
operating profit
131.3k
0%
gross margin
29.3%
+1.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
216.6k
+0.85%
total assets
407k
+0.01%
cash
26.1k
-0.29%
net assets
Total assets minus all liabilities
Similar Companies
hilltop engineering and tool ltd company details
company number
14241233
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
July 2022
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
UHY HACKER YOUNG (BHAM) LLP
auditor
-
address
hilltop engineering and tool ltd, coombs road, halesowen, B62 8AF
Bank
-
Legal Advisor
-
hilltop engineering and tool 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 found 4 charges/mortgages relating to hilltop engineering and tool ltd. Currently there are 3 open charges and 1 have been satisfied in the past.
hilltop engineering and tool ltd 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 HILLTOP ENGINEERING AND TOOL LTD. This can take several minutes, an email will notify you when this has completed.
hilltop engineering and tool ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
