aitch demolition co. ltd
aitch demolition co. ltd Company Information
Company Number
04290794
Website
-Registered Address
first floor radius house, 51 clarendon road, watford, hertfordshire, WD17 1HP
Industry
Site preparation
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Harold Allen22 Years
Shareholders
aitch plant & equipment ltd 100%
aitch demolition co. ltd Estimated Valuation
Pomanda estimates the enterprise value of AITCH DEMOLITION CO. LTD at £2.3m based on a Turnover of £8.4m and 0.28x industry multiple (adjusted for size and gross margin).
aitch demolition co. ltd Estimated Valuation
Pomanda estimates the enterprise value of AITCH DEMOLITION CO. LTD at £10m based on an EBITDA of £2.9m and a 3.4x industry multiple (adjusted for size and gross margin).
aitch demolition co. ltd Estimated Valuation
Pomanda estimates the enterprise value of AITCH DEMOLITION CO. LTD at £16.2m based on Net Assets of £8.4m and 1.94x industry multiple (adjusted for liquidity).
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Aitch Demolition Co. Ltd Overview
Aitch Demolition Co. Ltd is a live company located in watford, WD17 1HP with a Companies House number of 04290794. It operates in the site preparation sector, SIC Code 43120. Founded in September 2001, it's largest shareholder is aitch plant & equipment ltd with a 100% stake. Aitch Demolition Co. Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £8.4m with high growth in recent years.
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Aitch Demolition Co. Ltd Health Check
Pomanda's financial health check has awarded Aitch Demolition Co. Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £8.4m, make it smaller than the average company (£12.7m)
- Aitch Demolition Co. Ltd
£12.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (7.1%)
- Aitch Demolition Co. Ltd
7.1% - Industry AVG
Production
with a gross margin of 22.2%, this company has a comparable cost of product (22.2%)
- Aitch Demolition Co. Ltd
22.2% - Industry AVG
Profitability
an operating margin of 26.6% make it more profitable than the average company (7.1%)
- Aitch Demolition Co. Ltd
7.1% - Industry AVG
Employees
with 4 employees, this is below the industry average (35)
4 - Aitch Demolition Co. Ltd
35 - Industry AVG
Pay Structure
on an average salary of £45.3k, the company has an equivalent pay structure (£45.3k)
- Aitch Demolition Co. Ltd
£45.3k - Industry AVG
Efficiency
resulting in sales per employee of £2.1m, this is more efficient (£230.7k)
- Aitch Demolition Co. Ltd
£230.7k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (46 days)
- Aitch Demolition Co. Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is quicker than average (52 days)
- Aitch Demolition Co. Ltd
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Aitch Demolition Co. Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (16 weeks)
16 weeks - Aitch Demolition Co. Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.6%, this is a lower level of debt than the average (63.9%)
22.6% - Aitch Demolition Co. Ltd
63.9% - Industry AVG
aitch demolition co. ltd Credit Report and Business Information
Aitch Demolition Co. Ltd Competitor Analysis
Perform a competitor analysis for aitch demolition co. ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
aitch demolition co. ltd Ownership
AITCH DEMOLITION CO. LTD group structure
Aitch Demolition Co. Ltd has no subsidiary companies.
Ultimate parent company
1 parent
AITCH DEMOLITION CO. LTD
04290794
aitch demolition co. ltd directors
Aitch Demolition Co. Ltd currently has 1 director, Mr Harold Allen serving since Sep 2001.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harold Allen | 62 years | Sep 2001 | - | Director |
AITCH DEMOLITION CO. LTD financials
Aitch Demolition Co. Ltd's latest turnover from December 2022 is estimated at £8.4 million and the company has net assets of £8.4 million. According to their latest financial statements, Aitch Demolition Co. Ltd has 4 employees and maintains cash reserves of £661.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 4 | 4 | 4 | 5 | 8 | 8 | 8 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 5,721,955 | 4,869,913 | 5,021,984 | 4,463,353 | 4,751,090 | 4,752,202 | 2,824,445 | 1,826,279 | 1,032,960 | 812,852 | 587,173 | 858,460 | 999,479 | 721,499 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 40,000 | 60,000 | 80,000 | 100,000 | 120,000 |
| Investments & Other | 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 |
| Total Fixed Assets | 5,721,955 | 4,869,913 | 5,021,984 | 4,463,353 | 4,751,090 | 4,752,202 | 2,824,445 | 1,826,279 | 1,052,960 | 852,852 | 647,173 | 938,460 | 1,099,479 | 841,499 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,165,659 | 1,231,892 | 966,118 | 1,091,567 | 1,504,341 | 1,051,279 | 726,507 | 781,561 | 1,229,698 | 1,176,210 | 571,029 | 377,239 | 444,286 | 147,898 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,247,248 | 2,066,512 | 1,564,371 | 1,521,112 | 629,971 | 1,083,762 | 164,582 | 15,240 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 661,177 | 837,972 | 1,070,126 | 193,311 | 632,581 | 1,298,979 | 1,761,163 | 1,779,547 | 1,844,576 | 1,615,257 | 974,946 | 1,008,296 | 434,524 | 224,675 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,074,084 | 4,136,376 | 3,600,615 | 2,805,990 | 2,766,893 | 3,434,020 | 2,652,252 | 2,576,348 | 3,074,274 | 2,791,467 | 1,545,975 | 1,385,535 | 878,810 | 372,573 |
| total assets | 10,796,039 | 9,006,289 | 8,622,599 | 7,269,343 | 7,517,983 | 8,186,222 | 5,476,697 | 4,402,627 | 4,127,234 | 3,644,319 | 2,193,148 | 2,323,995 | 1,978,289 | 1,214,072 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 406,477 | 545,085 | 600,000 | 249,788 | 72,354 | 137,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 578,290 | 298,894 | 294,992 | 112,321 | 208,164 | 408,438 | 190,261 | 188,673 | 799,986 | 1,180,519 | 757,177 | 684,666 | 693,844 | 386,419 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| hp & lease commitments | 554,989 | 956,021 | 490,492 | 147,607 | 245,919 | 98,677 | 80,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 552,038 | 554,046 | 553,830 | 539,495 | 620,699 | 530,893 | 328,378 | 319,521 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,091,794 | 2,354,046 | 1,939,314 | 1,049,211 | 1,147,136 | 1,175,508 | 598,639 | 558,194 | 799,986 | 1,180,519 | 757,177 | 684,666 | 693,844 | 386,419 |
| loans | 0 | 0 | 0 | 662,500 | 1,158,385 | 1,731,962 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 351,323 | 89,891 | 867,014 | 0 | 0 | 40,464 | 17,750 | 8,333 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,342 | 7,752 | 118,027 | 83,333 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 351,323 | 89,891 | 867,014 | 662,500 | 1,158,385 | 1,772,426 | 17,750 | 8,333 | 0 | 29,342 | 7,752 | 118,027 | 83,333 | 0 |
| total liabilities | 2,443,117 | 2,443,937 | 2,806,328 | 1,711,711 | 2,305,521 | 2,947,934 | 616,389 | 566,527 | 799,986 | 1,209,861 | 764,929 | 802,693 | 777,177 | 386,419 |
| net assets | 8,352,922 | 6,562,352 | 5,816,271 | 5,557,632 | 5,212,462 | 5,238,288 | 4,860,308 | 3,836,100 | 3,327,248 | 2,434,458 | 1,428,219 | 1,521,302 | 1,201,112 | 827,653 |
| total shareholders funds | 8,352,922 | 6,562,352 | 5,816,271 | 5,557,632 | 5,212,462 | 5,238,288 | 4,860,308 | 3,836,100 | 3,327,248 | 2,434,458 | 1,428,219 | 1,521,302 | 1,201,112 | 827,653 |
| 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 | 707,499 | 731,394 | 758,862 | 604,340 | 685,742 | 686,206 | 716,317 | 460,675 | 264,785 | 216,978 | 153,394 | 222,380 | 252,161 | 183,048 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,114,503 | 767,915 | -82,190 | 478,367 | -729 | 1,243,952 | 94,288 | -432,897 | 53,488 | 605,181 | 193,790 | -67,047 | 296,388 | 147,898 |
| Creditors | 279,396 | 3,902 | 182,671 | -95,843 | -200,274 | 218,177 | 1,588 | -611,313 | -380,533 | 423,342 | 72,511 | -9,178 | 307,425 | 386,419 |
| Accruals and Deferred Income | -2,008 | 216 | 14,335 | -81,204 | 89,806 | 202,515 | 8,857 | 319,521 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -138,608 | -54,915 | 350,212 | 177,434 | -65,146 | 137,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| Long term loans | 0 | 0 | -662,500 | -495,885 | -573,577 | 1,731,962 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -139,600 | -311,594 | 1,209,899 | -98,312 | 106,778 | 41,391 | 39,417 | 58,333 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29,342 | 21,590 | -110,275 | 34,694 | 83,333 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -176,795 | -232,154 | 876,815 | -439,270 | -666,398 | -462,184 | -18,384 | -65,029 | 229,319 | 640,311 | -33,350 | 573,772 | 209,849 | 224,675 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -176,795 | -232,154 | 876,815 | -439,270 | -666,398 | -462,184 | -18,384 | -65,029 | 229,319 | 640,311 | -33,350 | 573,772 | 209,849 | 224,675 |
P&L
December 2022turnover
8.4m
+99%
operating profit
2.2m
0%
gross margin
22.2%
-2.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
8.4m
+0.27%
total assets
10.8m
+0.2%
cash
661.2k
-0.21%
net assets
Total assets minus all liabilities
Similar Companies
aitch demolition co. ltd company details
company number
04290794
Type
Private limited with Share Capital
industry
43120 - Site preparation
incorporation date
September 2001
age
23
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
first floor radius house, 51 clarendon road, watford, hertfordshire, WD17 1HP
last accounts submitted
December 2022
aitch demolition co. 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 2 charges/mortgages relating to aitch demolition co. ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
aitch demolition co. ltd Companies House Filings - See Documents
| date | description | view/download |
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