hardie associates ltd. Company Information
Company Number
SC312896
Next Accounts
Sep 2025
Shareholders
colin hardie
myra hardie
Group Structure
View All
Industry
Architectural activities
Registered Address
78 hopetoun street, bathgate, EH48 4PD
Website
www.hardie-associates.comhardie associates ltd. Estimated Valuation
Pomanda estimates the enterprise value of HARDIE ASSOCIATES LTD. at £122.4k based on a Turnover of £245.4k and 0.5x industry multiple (adjusted for size and gross margin).
hardie associates ltd. Estimated Valuation
Pomanda estimates the enterprise value of HARDIE ASSOCIATES LTD. at £138.2k based on an EBITDA of £28.4k and a 4.86x industry multiple (adjusted for size and gross margin).
hardie associates ltd. Estimated Valuation
Pomanda estimates the enterprise value of HARDIE ASSOCIATES LTD. at £240k based on Net Assets of £64.1k and 3.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hardie Associates Ltd. Overview
Hardie Associates Ltd. is a live company located in bathgate, EH48 4PD with a Companies House number of SC312896. It operates in the architectural activities sector, SIC Code 71111. Founded in December 2006, it's largest shareholder is colin hardie with a 50% stake. Hardie Associates Ltd. is a established, micro sized company, Pomanda has estimated its turnover at £245.4k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Hardie Associates Ltd. Health Check
Pomanda's financial health check has awarded Hardie Associates Ltd. a 3.5 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 £245.4k, make it smaller than the average company (£1.2m)
- Hardie Associates Ltd.
£1.2m - Industry AVG

Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (4.5%)
- Hardie Associates Ltd.
4.5% - Industry AVG

Production
with a gross margin of 35.6%, this company has a higher cost of product (45.3%)
- Hardie Associates Ltd.
45.3% - Industry AVG

Profitability
an operating margin of 11.6% make it more profitable than the average company (6.7%)
- Hardie Associates Ltd.
6.7% - Industry AVG

Employees
with 4 employees, this is below the industry average (18)
4 - Hardie Associates Ltd.
18 - Industry AVG

Pay Structure
on an average salary of £51.6k, the company has an equivalent pay structure (£51.6k)
- Hardie Associates Ltd.
£51.6k - Industry AVG

Efficiency
resulting in sales per employee of £61.4k, this is less efficient (£92.1k)
- Hardie Associates Ltd.
£92.1k - Industry AVG

Debtor Days
it gets paid by customers after 142 days, this is later than average (83 days)
- Hardie Associates Ltd.
83 days - Industry AVG

Creditor Days
its suppliers are paid after 76 days, this is slower than average (27 days)
- Hardie Associates Ltd.
27 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hardie Associates Ltd.
- - Industry AVG

Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hardie Associates Ltd.
- - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 35.3%, this is a lower level of debt than the average (53.1%)
35.3% - Hardie Associates Ltd.
53.1% - Industry AVG
HARDIE ASSOCIATES LTD. financials

Hardie Associates Ltd.'s latest turnover from December 2023 is estimated at £245.4 thousand and the company has net assets of £64.1 thousand. According to their latest financial statements, Hardie Associates Ltd. has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 4 | 2 | 2 | 2 | 2 | 2 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,217 | 1,516 | 2,006 | 2,433 | 3,876 | 4,892 | 3,961 | 2,177 | 2,560 | 3,079 | 3,958 | 5,158 | 6,623 | 17,157 | 21,441 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,217 | 1,516 | 2,006 | 2,433 | 3,876 | 4,892 | 3,961 | 2,177 | 2,560 | 3,079 | 3,958 | 5,158 | 6,623 | 17,157 | 21,441 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 95,897 | 89,592 | 54,978 | 27,092 | 42,154 | 21,087 | 18,174 | 25,351 | 22,172 | 23,471 | 14,637 | 19,254 | 22,547 | 65,996 | 64,377 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,900 | 2,300 | 1,900 | 2,341 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,103 | 3,586 | 0 | 8,614 | 1,302 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 4,525 | 3,800 | 4,630 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 97,797 | 91,892 | 56,878 | 29,433 | 44,154 | 25,612 | 21,974 | 29,981 | 22,172 | 35,574 | 18,223 | 19,254 | 31,161 | 67,298 | 64,377 |
total assets | 99,014 | 93,408 | 58,884 | 31,866 | 48,030 | 30,504 | 25,935 | 32,158 | 24,732 | 38,653 | 22,181 | 24,412 | 37,784 | 84,455 | 85,818 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 33,277 | 47,768 | 40,196 | 23,036 | 33,967 | 22,023 | 17,628 | 15,790 | 23,574 | 35,132 | 18,938 | 23,324 | 35,796 | 63,203 | 58,735 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,387 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 33,277 | 47,768 | 40,196 | 23,036 | 33,967 | 22,023 | 17,628 | 20,177 | 23,574 | 35,132 | 18,938 | 23,324 | 35,796 | 63,203 | 58,735 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 1,627 | 2,867 | 1,558 | 1,557 | 4,724 | 3,878 | 2,677 | 2,924 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 512 | 616 | 792 | 849 | 1,117 | 527 | 728 |
total long term liabilities | 1,627 | 2,867 | 1,558 | 1,557 | 4,724 | 3,878 | 2,677 | 2,924 | 512 | 616 | 792 | 849 | 1,117 | 527 | 728 |
total liabilities | 34,904 | 50,635 | 41,754 | 24,593 | 38,691 | 25,901 | 20,305 | 23,101 | 24,086 | 35,748 | 19,730 | 24,173 | 36,913 | 63,730 | 59,463 |
net assets | 64,110 | 42,773 | 17,130 | 7,273 | 9,339 | 4,603 | 5,630 | 9,057 | 646 | 2,905 | 2,451 | 239 | 871 | 20,725 | 26,355 |
total shareholders funds | 64,110 | 42,773 | 17,130 | 7,273 | 9,339 | 4,603 | 5,630 | 9,057 | 646 | 2,905 | 2,451 | 239 | 871 | 20,725 | 26,355 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 518 | 880 | 1,200 | 1,465 | 2,256 | 5,272 | 6,284 | ||||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 5,905 | 35,014 | 27,445 | -14,721 | 23,067 | 2,913 | -7,177 | 3,179 | -1,299 | 8,834 | -4,617 | -3,293 | -43,449 | 1,619 | 64,377 |
Creditors | -14,491 | 7,572 | 17,160 | -10,931 | 11,944 | 4,395 | 1,838 | -7,784 | -11,558 | 16,194 | -4,386 | -12,472 | -27,407 | 4,468 | 58,735 |
Accruals and Deferred Income | -1,240 | 1,309 | 1 | -3,167 | 846 | 1,201 | -247 | 2,924 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -512 | -104 | -176 | -57 | -268 | 590 | -201 | 728 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -4,387 | 4,387 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,103 | 8,517 | 3,586 | -8,614 | 7,312 | 1,302 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,103 | 8,517 | 3,586 | -8,614 | 7,312 | 1,302 | 0 |
hardie associates ltd. Credit Report and Business Information
Hardie Associates Ltd. Competitor Analysis

Perform a competitor analysis for hardie associates ltd. by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EH48 area or any other competitors across 12 key performance metrics.
hardie associates ltd. Ownership
HARDIE ASSOCIATES LTD. group structure
Hardie Associates Ltd. has no subsidiary companies.
Ultimate parent company
HARDIE ASSOCIATES LTD.
SC312896
hardie associates ltd. directors
Hardie Associates Ltd. currently has 2 directors. The longest serving directors include Mrs Myra Hardie (Dec 2006) and Mr Colin Hardie (Dec 2006).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Myra Hardie | Scotland | 51 years | Dec 2006 | - | Director |
Mr Colin Hardie | Scotland | 52 years | Dec 2006 | - | Director |
P&L
December 2023turnover
245.4k
+27%
operating profit
28.4k
0%
gross margin
35.6%
+0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
64.1k
+0.5%
total assets
99k
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
hardie associates ltd. company details
company number
SC312896
Type
Private limited with Share Capital
industry
71111 - Architectural activities
incorporation date
December 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
BARRIE SCOTT & CO.
auditor
-
address
78 hopetoun street, bathgate, EH48 4PD
Bank
BANK OF SCOTLAND
Legal Advisor
-
hardie associates 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 hardie associates ltd..
hardie associates 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 HARDIE ASSOCIATES LTD.. This can take several minutes, an email will notify you when this has completed.
hardie associates ltd. Companies House Filings - See Documents
date | description | view/download |
---|