Herve Engineering Limited in Essex, SS3 9QE

Websites

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www.herveengineering.com

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www.herveengineering.co.uk

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www.herveengineering.uk.com

Description

Data updated on: 01-11-2023

Herve Engineering started its operations in 1919 as a Private Limited Company registered with number: 00162031. This firm has been prospering for one hundred and five years and it's currently active. This company's headquarters is based in Essex at 9 Towerfield Road. Anyone could also locate the firm by its zip code, SS3 9QE. Created as L.herve', the company used the name until 1998, when it got changed to Herve Engineering Limited. The enterprise's SIC and NACE codes are 25930 - Manufacture of wire products, chain and springs. 31st December 2022 is the last time the accounts were filed.

With three job offers since 2014-06-02, the enterprise has been relatively active on the labour market. On 2016-04-21, it was recruiting job candidates for a full time Experienced Quality Inspector/Chief Inspector post in Southend on Sea, and on 2014-06-02, for the vacant post of a full time Machine Minder/Operator in Southend on Sea. So far, they have hired employees for the Cnc Turner - Programmer/Setter positions.

Taking into consideration this particular firm's register, for 8 years there have been two directors: John W. and Michael L..

Previous company's names
Herve Engineering Limited 1998-12-30
L.herve' Limited 1919-12-23

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	300 750	259 484	367 034

Balance Sheet
Cash Bank On Hand						15 978	28 735	50 938	25 884	148 458	68 023
Current Assets	326 365	260 498	423 107	445 205	636 241	1 469 183	1 586 023	1 507 283	1 559 837	1 744 658	1 785 752
Debtors	212 855	207 171	277 566	243 104	248 912	1 364 044	1 473 621	1 408 064	1 477 703	1 494 836	1 584 458
Net Assets Liabilities						636 857	724 887	682 353	760 118	962 040	1 167 031
Other Debtors						41 048	21 415	10 802	12 375	11 471	1 712
Property Plant Equipment						535 204	667 979	886 202	800 869	1 161 451	1 515 499
Total Inventories						89 161	83 667	48 281	56 250	101 364	133 271
Cash Bank In Hand	87 873	32 640	110 794	149 032	316 838
Net Assets Liabilities Including Pension Asset Liability	300 750	259 484	367 034	462 574	579 937
Stocks Inventory	25 637	20 687	34 747	53 069	70 491
Tangible Fixed Assets	480 179	506 734	550 529	636 430	546 941

Capital & Reserves
Called Up Share Capital	45 059	45 059	45 059	45 059	45 059
Profit Loss Account Reserve	243 093	201 827	309 377	404 917	522 280
Shareholder Funds	300 750	259 484	367 034

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						1 827 648	1 919 519	1 762 074	1 868 005	1 958 574	1 914 283
Amounts Owed By Related Parties							1 167 979	1 167 979	1 167 979	1 167 979	1 164 711
Amounts Owed To Group Undertakings						3 268	3 268	3 268	3 268	3 268
Average Number Employees During Period						18	22	21	17	18	19
Bank Borrowings							320 776	278 093
Bank Borrowings Overdrafts						220 128	107 445	60 312	50 000	28 321	20 548
Corporation Tax Payable							3 743
Corporation Tax Recoverable							11 268	35 937
Creditors						509 329	599 347	794 986	632 030	815 551	998 737
Dividends Paid							72 000	80 500
Finance Lease Payments Owing Minimum Gross							670 375	936 263
Fixed Assets	488 484	510 818	554 712	640 263	548 273	537 713	670 247	886 202
Future Minimum Lease Payments Under Non-cancellable Operating Leases						33 000	33 000	228 250	195 250	162 250	129 250
Increase From Depreciation Charge For Year Property Plant Equipment							91 871	103 163	105 931	90 569	193 384
Investments Fixed Assets	8 305	4 084	4 183	3 833	1 332	2 509	2 268
Net Current Assets Liabilities	11 818	-21 958	139 230	205 953	291 467	713 355	782 375	706 563	740 160	836 816	988 745
Other Creditors						230 583	212 311	734 674	582 030	787 230	978 189
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment								260 609			237 675
Other Disposals Property Plant Equipment								281 463			253 075
Other Taxation Social Security Payable						63 688	60 165	58 391	84 600	78 570	31 670
Profit Loss							160 030	37 966
Property Plant Equipment Gross Cost						2 362 852	2 587 498	2 648 276	2 668 874	3 120 025	3 429 782
Provisions For Liabilities Balance Sheet Subtotal						104 882	128 388	115 426	148 881	220 676	338 476
Total Additions Including From Business Combinations Property Plant Equipment							224 646	342 240	20 598	451 151	562 832
Total Assets Less Current Liabilities	500 302	488 860	693 942	846 216	839 740	1 251 068	1 452 622	1 592 765	1 541 029	1 998 267	2 504 244
Total Borrowings							107 445	60 312
Trade Creditors Trade Payables						106 983	136 100	120 039	167 353	195 497	265 776
Trade Debtors Trade Receivables						293 026	284 227	193 346	297 349	315 386	418 035
Amounts Owed By Group Undertakings						1 029 970	1 167 979
Capital Redemption Reserve	12 598	12 598	12 598	12 598	12 598
Creditors Due After One Year	150 001	185 364	256 267	288 657	176 902
Creditors Due Within One Year	314 547	282 456	283 877	239 252	344 774
Finance Lease Liabilities Present Value Total						509 329	491 902
Number Shares Allotted		45 059	45 059	45 059	45 059
Par Value Share		1	1	1	1
Provisions For Liabilities Charges	49 551	44 012	70 641	94 985	82 901
Secured Debts	246 321	268 127	393 892
Share Capital Allotted Called Up Paid	45 059	45 059	45 059	45 059	45 059
Tangible Fixed Assets Additions		138 877	186 418	204 520	34 840
Tangible Fixed Assets Cost Or Valuation	1 808 045	1 946 922	1 977 700	2 182 220	2 216 335
Tangible Fixed Assets Depreciation	1 327 866	1 440 188	1 427 171	1 545 790	1 669 394
Tangible Fixed Assets Depreciation Charged In Period		112 322	111 495	118 619	123 676
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			124 512		72
Tangible Fixed Assets Disposals			155 640		725
Borrowings			8 981	8 981
Capital Employed			367 034	462 574	579 937