HITEK POWER LIMITED

Company TypePrivate Limited
Company Number00908344
Incorporated1967-06-13
IndustryManufacture of electric motors, generators and transformers
Phone Number01903 712400

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Summary

HITEK POWER LIMITED was formed on the 13th June 1967 (filed on the 28th September 2017) , and are based in West Sussex, Unit 10 Hawthorn Road. They are currently rated F and are considered to represent a below average risk score. Their credit score was last updated on 31st October 2017. Companies house classifies them as Full Accounts. This information was last updated on the 14th December 2017.

In 2016, they made a post-tax profit of £-1,456,485 on a turnover of £13,392,918 (down 302% from 2015) .

There are 2 major shareholders listed for HITEK POWER LIMITED with Ascent Investments Limited owning the most shares by value.

Addresses

Registered address

Hitek Power Building, Hawthorn
Road, Littlehampton
West Sussex
BN17 7LT

Trading address

Unit 10 Hawthorn Road
Littlehampton
West Sussex
BN17 7LT

Financials

31st December 2016 31st December 2015 31st December 2014 31st May 2014 31st May 2013
Cash £1,787,172 £3,790,346 £2,496,953 £3,030,295 £3,425,447
Tangible net worth £-11,224,755 £-7,359,828 £1,640,053 £1,599,145 £1,480,017
Current liabilities £15,185,715 £14,341,336 £12,781,693 £12,824,475 £12,938,741
Current assets £18,538,983 £18,374,533 £13,658,786 £13,679,192 £13,794,810
31st December 2016 31st December 2015 31st December 2014 31st May 2014 31st May 2013
Solvency ratios
Current ratio 1.22 1.28 1.07 1.07 1.07
Efficiency ratios
Return on assets -0.07 0.03 -0.01 -0.02 -0.02
Return on capital employed -0.30 0.12 -0.06 -0.08 -0.07
Gearing ratios
Debt to equity ratio 12.15 10.54 5.10 5.12 5.16
Equity ratio 0.12 0.12 0.15 0.15 0.14
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover -5.15 - - -0.98 -

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