hardie associates ltd.

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hardie associates ltd. Company Information

Share HARDIE ASSOCIATES LTD.

Company Number

SC312896

Shareholders

colin hardie

myra hardie

Group Structure

View All

Industry

Architectural activities

 

Registered Address

78 hopetoun street, bathgate, EH48 4PD

hardie associates ltd. Estimated Valuation

£122.4k

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

£138.2k

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

£240k

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).

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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.

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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

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £245.4k, make it smaller than the average company (£1.2m)

£245.4k - Hardie Associates Ltd.

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (4.5%)

37% - Hardie Associates Ltd.

4.5% - Industry AVG

production

Production

with a gross margin of 35.6%, this company has a higher cost of product (45.3%)

35.6% - Hardie Associates Ltd.

45.3% - Industry AVG

profitability

Profitability

an operating margin of 11.6% make it more profitable than the average company (6.7%)

11.6% - Hardie Associates Ltd.

6.7% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (18)

4 - Hardie Associates Ltd.

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.6k, the company has an equivalent pay structure (£51.6k)

£51.6k - Hardie Associates Ltd.

£51.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £61.4k, this is less efficient (£92.1k)

£61.4k - Hardie Associates Ltd.

£92.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 142 days, this is later than average (83 days)

142 days - Hardie Associates Ltd.

83 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 76 days, this is slower than average (27 days)

76 days - Hardie Associates Ltd.

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hardie Associates Ltd.

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hardie Associates Ltd.

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover245,403192,948138,99695,138121,33783,25855,72375,07267,04279,62848,56165,07676,000186,1490
Other Income Or Grants000000000000000
Cost Of Sales158,115124,40397,52965,99783,67754,99636,80647,76642,73351,18530,80741,95047,795116,3310
Gross Profit87,28868,54541,46729,14037,66128,26218,91727,30624,30928,44317,75423,12628,20569,8180
Admin Expenses58,83936,88729,29831,20631,81429,28922,34416,79026,59827,90814,89023,78048,08475,451-36,601
Operating Profit28,44931,65812,169-2,0665,847-1,027-3,42710,516-2,2895352,864-654-19,879-5,63336,601
Interest Payable000000000000000
Interest Receivable0000000030399222530
Pre-Tax Profit28,44931,65812,169-2,0665,847-1,027-3,42710,516-2,2595752,873-632-19,854-5,63036,601
Tax-7,112-6,015-2,3120-1,11100-2,1030-121-661000-10,248
Profit After Tax21,33725,6439,857-2,0664,736-1,027-3,4278,413-2,2594542,212-632-19,854-5,63026,353
Dividends Paid000000000000000
Retained Profit21,33725,6439,857-2,0664,736-1,027-3,4278,413-2,2594542,212-632-19,854-5,63026,353
Employee Costs206,26396,50191,76092,11292,35992,03343,52147,01045,20445,73545,35643,42444,12686,0090
Number Of Employees422222111111120
EBITDA*28,44931,65812,169-2,0665,847-1,027-3,42710,516-1,7711,4154,064811-17,623-36142,885

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,2171,5162,0062,4333,8764,8923,9612,1772,5603,0793,9585,1586,62317,15721,441
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,2171,5162,0062,4333,8764,8923,9612,1772,5603,0793,9585,1586,62317,15721,441
Stock & work in progress000000000000000
Trade Debtors95,89789,59254,97827,09242,15421,08718,17425,35122,17223,47114,63719,25422,54765,99664,377
Group Debtors000000000000000
Misc Debtors1,9002,3001,9002,3412,0000000000000
Cash00000000012,1033,58608,6141,3020
misc current assets000004,5253,8004,6300000000
total current assets97,79791,89256,87829,43344,15425,61221,97429,98122,17235,57418,22319,25431,16167,29864,377
total assets99,01493,40858,88431,86648,03030,50425,93532,15824,73238,65322,18124,41237,78484,45585,818
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 33,27747,76840,19623,03633,96722,02317,62815,79023,57435,13218,93823,32435,79663,20358,735
Group/Directors Accounts00000004,3870000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities33,27747,76840,19623,03633,96722,02317,62820,17723,57435,13218,93823,32435,79663,20358,735
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income1,6272,8671,5581,5574,7243,8782,6772,9240000000
other liabilities000000000000000
provisions000000005126167928491,117527728
total long term liabilities1,6272,8671,5581,5574,7243,8782,6772,9245126167928491,117527728
total liabilities34,90450,63541,75424,59338,69125,90120,30523,10124,08635,74819,73024,17336,91363,73059,463
net assets64,11042,77317,1307,2739,3394,6035,6309,0576462,9052,45123987120,72526,355
total shareholders funds64,11042,77317,1307,2739,3394,6035,6309,0576462,9052,45123987120,72526,355
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit28,44931,65812,169-2,0665,847-1,027-3,42710,516-2,2895352,864-654-19,879-5,63336,601
Depreciation000000005188801,2001,4652,2565,2726,284
Amortisation000000000000000
Tax-7,112-6,015-2,3120-1,11100-2,1030-121-661000-10,248
Stock000000000000000
Debtors5,90535,01427,445-14,72123,0672,913-7,1773,179-1,2998,834-4,617-3,293-43,4491,61964,377
Creditors-14,4917,57217,160-10,93111,9444,3951,838-7,784-11,55816,194-4,386-12,472-27,4074,46858,735
Accruals and Deferred Income-1,2401,3091-3,1678461,201-2472,9240000000
Deferred Taxes & Provisions0000000-512-104-176-57-268590-201728
Cash flow from operations-299-490-427-1,443-5,5411,6565,341-138-12,1348,4783,577-8,636-9912,28727,723
Investing Activities
capital expenditure2994904271,4431,016-931-1,7843831-1008,278-988-27,725
Change in Investments000000000000000
cash flow from investments2994904271,4431,016-931-1,7843831-1008,278-988-27,725
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000-4,3874,3870000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000-20000002
interest0000000030399222530
cash flow from financing000000-4,3874,38530399222532
cash and cash equivalents
cash00000000-12,1038,5173,586-8,6147,3121,3020
overdraft000000000000000
change in cash00000000-12,1038,5173,586-8,6147,3121,3020

hardie associates ltd. Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hardie Associates Ltd. Competitor Analysis

competitor_analysis_table_img

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. Shareholders

colin hardie 50%
myra hardie 50%

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).

officercountryagestartendrole
Mrs Myra HardieScotland51 years Dec 2006- Director
Mr Colin HardieScotland52 years Dec 2006- Director

P&L

December 2023

turnover

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 2023

net 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

None

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.

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hardie associates ltd. Companies House Filings - See Documents

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