Hsm Aero Limited in Letchworth, SG6 2TS

Description

Data updated on: 01-11-2023

2003 is the date that marks the founding of Hsm Aero Limited, a firm that is situated at Aerospace Logistic Centre, Fifth Avenue in Letchworth. This means it's been twenty one years Hsm Aero has prospered on the local market, as it was registered on Wednesday 11th June 2003. Its Companies House Reg No. is 04794306 and the postal code is SG6 2TS. The business name of this business was changed in the year 2015 to Hsm Aero Limited. This firm previous registered name was Hermitage Sheet Metal. This business's SIC and NACE codes are 25620 and has the NACE code: Machining. Hsm Aero Ltd reported its latest accounts for the period up to 2022-08-31. Its latest annual confirmation statement was filed on 2023-06-11.

Having three recruitment announcements since 31st August 2017, the company has been relatively active on the labour market. On 31st August 2017, it started seeking candidates for a full time 3/5 Axis Program/Setter/Operator post in Letchworth Garden City, and on 31st August 2017, for the vacant post of a full time Production Team Leader in Letchworth Garden City. As of yet, they have sought candidates for the Quality Inspector positions.

At the moment, the company is directed by 1 director: Duncan H., who was selected to lead the company in 2013. Since June 2003 David S., had performed the duties for the following company up to the moment of the resignation in 2019. As a follow-up a different director, namely Marie S. quit in 2013.

Previous company's names
Hsm Aero Limited 2015-11-11
Hermitage Sheet Metal Limited 2003-06-11

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31
Currency
Net Worth	234 035	317 428	337 144	278 932	272 906	354 120

Balance Sheet
Cash Bank In Hand	11 689	36 967	22 455	5 035	43	85 824
Cash Bank On Hand						85 825	20 270	34 774	16 962	10 909	20 431	7 122
Current Assets	624 475	745 221	779 234	786 479	864 666	1 744 673	1 659 878	2 127 078	3 102 192	3 074 060	2 533 321	2 161 239
Debtors	413 290	501 233	509 352	504 475	558 559	1 124 152	1 041 384	1 429 904	1 891 661	1 797 379	1 584 264	906 188
Net Assets Liabilities						354 120	361 686	461 718	671 567	1 023 984	1 197 418	1 192 361
Net Assets Liabilities Including Pension Asset Liability	234 035	317 428	337 144	278 932	272 906	354 120
Other Debtors						74 558	72 627	65 522	94 568	232 450	71 714	81 898
Property Plant Equipment						1 204 473	1 231 853	1 878 388	1 638 499	1 161 612	1 001 922	842 252
Stocks Inventory	193 393	200 630	233 848	262 857	291 672	460 139
Tangible Fixed Assets	104 699	122 537	108 931	86 548	75 200	1 204 473
Total Inventories						460 139	598 224	662 400	1 193 569	1 265 772	928 626	1 247 929

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	233 935	317 328	337 044	278 832	272 806	354 020
Shareholder Funds	234 035	317 428	337 144	278 932	272 906	354 120

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						681 663	958 260	1 223 115	1 504 632	1 702 075	1 827 450	1 957 346
Amounts Owed By Group Undertakings						93 871	67 379	199 932	532 702	463 338	637 955	51 224
Amounts Owed To Group Undertakings						133 775	227 102	82 166	344 036	417 611	356 822
Average Number Employees During Period						48	65	55	102	85	61	57
Bank Borrowings Overdrafts						6 263
Creditors						570 465	471 016	744 805	582 689	306 880	153 395	43 580
Creditors Due After One Year	60 173	71 434	57 185	35 549	13 587	570 465
Creditors Due Within One Year	418 878	461 575	478 374	547 096	643 138	1 873 810
Debtors Due After One Year			-152 856	-107 960	-84 463
Finance Lease Liabilities Present Value Total						570 465	471 016	744 805	582 689	306 880	134 218	109 095
Future Minimum Lease Payments Under Non-cancellable Operating Leases							683 850	683 850	118 842	99 384	164 218	170 445
Increase Decrease In Property Plant Equipment							125 000	566 696
Increase From Depreciation Charge For Year Property Plant Equipment							204 869	264 855	281 517	261 181	175 709	183 812
Net Current Assets Liabilities	205 597	283 646	300 860	239 383	221 528	-129 137	-240 279	-499 742	-225 084	295 629	458 142	525 796
Number Shares Allotted		100	100	100	100	100
Other Creditors						518 070	630 041	1 025 238	1 010 012	612 518	832 926	641 080
Other Taxation Social Security Payable						162 447	135 046	168 616	224 282	539 520	281 808	111 113
Par Value Share		1	1	1	1	1
Prepayments Accrued Income Current Asset	6 103	6 391	13 579	14 112	14 392	74 558
Property Plant Equipment Gross Cost						1 886 136	2 190 113	3 101 503	3 143 131	2 863 687	2 829 372	2 799 598
Provisions For Liabilities Balance Sheet Subtotal						150 751	158 872	172 123	159 159	126 377	109 251	132 107
Provisions For Liabilities Charges	16 088	17 321	15 462	11 450	10 235	150 751
Share Capital Allotted Called Up Paid	100	100	100	100	100	100
Tangible Fixed Assets Additions		44 830	7 067	5 604	10 844	1 225 220
Tangible Fixed Assets Cost Or Valuation	605 561	650 391	657 458	650 072	660 916	1 886 136
Tangible Fixed Assets Depreciation	500 862	527 854	548 527	563 524	585 716	681 663
Tangible Fixed Assets Depreciation Charged In Period		26 992	20 673	24 370	22 192	95 947
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				9 373
Tangible Fixed Assets Disposals				12 990
Total Additions Including From Business Combinations Property Plant Equipment							303 977	911 390	41 628	26 414	34 830	24 158
Total Assets Less Current Liabilities	310 296	406 183	409 791	325 931	296 728	1 075 336	991 574	1 378 646	1 413 415	1 457 241	1 460 064	1 368 048
Total Borrowings						1 259 366	1 279 600	1 788 928	1 663 216	940 828	907 314	691 677
Trade Creditors Trade Payables						849 020	689 190	983 079	1 423 210	962 274	469 405	774 155
Trade Debtors Trade Receivables						1 030 281	901 378	1 164 450	1 264 391	1 101 591	874 595	773 066
Advances Credits Directors	726	726
Disposals Decrease In Depreciation Impairment Property Plant Equipment										63 738	50 334	53 916
Disposals Property Plant Equipment										305 858	69 145	53 932