Hivac Engineering Ltd in Hastings, TN35 4NN

Description

Data updated on: 01-11-2023

Hivac Engineering Ltd with the registration number 03630574 has been in this business field for twenty six years. This Private Limited Company is officially located at 14-16 Ivyhouse Lane Industrial Estate, in Hastings and its area code is TN35 4NN. This firm's principal business activity number is 25990 and has the NACE code: Manufacture of other fabricated metal products n.e.c.. 2022/09/30 is the last time when account status updates were filed.

With three recruitment advertisements since 2014-07-23, the enterprise has been a relatively active employer on the job market. On 2017-08-08, it started employing new employees for a full time Mechanical Engineer30 position in Hastings, and on 2014-07-23, for the vacant position of a full time Office Administrator in Hastings. As of yet, they have looked for workers for the Graduate Mechanical Design Engineer posts.

Paul L. is the enterprise's solitary director, that was appointed in 1998. The business had been directed by Lisa L. till 2020.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	17 806	58 566	183 325	190 838	190 362	248 780

Balance Sheet
Cash Bank In Hand						31 146
Cash Bank On Hand						31 146			2 743	2 845		20 020	16
Current Assets	154 997	163 008	216 377	270 034	328 397	381 097	390 831	630 727	669 625	744 136	554 666	480 356	618 830
Debtors	62 497	118 608	91 097	142 435	156 897	148 451	129 331	195 727	378 882	464 006	274 395	128 667	97 734
Net Assets Liabilities						248 780	259 032	361 825	480 664	419 715	202 448	353 208	373 715
Net Assets Liabilities Including Pension Asset Liability	17 806	58 566	183 325	190 838	190 362	248 780
Other Debtors						50 803	25 162	131 154	250 802	300 456	91 961		7 588
Property Plant Equipment						807 733	727 148	649 826	609 572	567 813	527 505
Stocks Inventory	92 500	44 400	125 280	127 599	171 500	201 500
Tangible Fixed Assets	776 498	714 389	662 819	614 601	645 137	807 733
Total Inventories						201 500	261 500	435 000	288 000	277 285	280 271	331 669	521 080

Capital & Reserves
Called Up Share Capital	50	50	50	50	65	65
Profit Loss Account Reserve	17 756	58 516	183 275	190 788	190 297	248 715
Shareholder Funds	17 806	58 566	183 325	190 838	190 362	248 780

Other Financial Data
Amount Specific Advance Or Credit Directors					381	964	972
Amount Specific Advance Or Credit Made In Period Directors						67 917	65 992
Amount Specific Advance Or Credit Repaid In Period Directors						68 500	66 000
Accumulated Depreciation Impairment Property Plant Equipment						627 782	708 367	787 520	830 606	872 365	912 673	347 241	2 745
Average Number Employees During Period							14	14	14	11	10	12	12
Bank Borrowings						307 562	291 050	256 738	223 340	259 917	226 615	180 645	141 405
Bank Borrowings Overdrafts						276 624	260 397	226 085	192 687	166 268	176 993	42 865	112 127
Bank Overdrafts							17 077	22 863			24 226		24 858
Creditors						562 030	451 519	322 933	380 485	181 937	371 815	357 376	586 491
Creditors Due After One Year	437 832	391 689	359 881	332 303	387 977	562 030
Creditors Due Within One Year	451 799	409 623	318 855	350 210	374 400	378 020
Disposals Decrease In Depreciation Impairment Property Plant Equipment													55 284
Disposals Property Plant Equipment													30 370
Finance Lease Liabilities Present Value Total						259 056	169 019	78 982	169 921	222 871	179 660	133 204	121 062
Increase Decrease In Property Plant Equipment													503 500
Increase From Depreciation Charge For Year Property Plant Equipment							80 585	79 153	43 086	41 759	40 308		7 397
Net Current Assets Liabilities	-296 802	-246 615	-102 478	-80 176	-46 003	3 077	-16 597	34 932	251 577	-39 210	46 758	122 980	32 339
Number Shares Allotted		50	50	50	15	15
Number Shares Issued Fully Paid							15	15	15	15	15		50
Other Creditors						26 350	22 103	17 866	17 877	15 669	15 162	14 656	14 150
Other Taxation Social Security Payable						67 163	74 877	97 713	88 849	170 227	155 854	145 900	171 836
Par Value Share		1	1	1	1	1	1	1	1	1	1		1
Property Plant Equipment Gross Cost						1 435 515	1 435 515	1 437 346	1 440 178	1 440 178		1 468 272	1 884 302
Provisions For Liabilities Charges	24 058	17 519	17 135	11 284	20 795
Secured Debts	492 233	419 109	368 255	336 720	424 692	657 305
Share Capital Allotted Called Up Paid	50	50	50	50	15	15
Tangible Fixed Assets Additions		125			86 252	323 330
Tangible Fixed Assets Cost Or Valuation	1 112 060	1 112 185	1 112 185	1 112 185	1 198 437	1 435 515
Tangible Fixed Assets Depreciation	335 562	397 796	449 366	497 584	553 300	627 782
Tangible Fixed Assets Depreciation Charged In Period		62 234	51 570	48 218	55 716	83 107
Tangible Fixed Assets Depreciation Decrease Increase On Disposals						8 625
Tangible Fixed Assets Disposals						86 252
Total Additions Including From Business Combinations Property Plant Equipment								1 831	2 832				512 833
Total Assets Less Current Liabilities	479 696	467 774	560 341	534 425	599 134	810 810	710 551	684 758	861 149	528 603	574 263	638 848	970 029
Total Borrowings						657 305	567 683	449 120	445 697	482 788	471 484	360 305	757 362
Trade Creditors Trade Payables						79 994	86 482	171 816	134 242	98 497	94 912	106 783	84 401
Trade Debtors Trade Receivables						97 648	104 169	64 573	128 080	163 550	182 434	128 667	90 146
Advances Credits Directors	7 885	24 819	9 847	1 109	381	964
Advances Credits Made In Period Directors	79 360	50 423	45 028	57 219	60 268
Advances Credits Repaid In Period Directors	18 309	33 489	60 000	68 175	59 540