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HITEK POWER LIMITED

Company TypePrivate Limited
Company Number00908344
Incorporated1967-06-13
IndustryManufacture of electric motors, generators and transformers
Websitewww.hitekpower.com
Phone Number01903 712400
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

HITEK POWER LIMITED was formed on the 13th June 1967 (filed on the 26th September 2016) , and are based in West Sussex, 10 Hawthorn Road. They are currently rated D and are considered to represent a below average risk score. Their credit score was last updated on 10th October 2016 when it was changed to the current I from D. Companies house classifies them as Full Accounts. This information was last updated on the 12th October 2016.

In 2015, they made a post-tax profit of £721,413 on a turnover of £14,350,965 (down 433% from 2014) .

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

10 Hawthorn Road
Littlehampton
West Sussex
BN17 7LT

Financials

31st December 2015 31st December 2014 31st May 2014 31st May 2013 31st May 2012
Cash £3,790,346 £2,496,953 £3,030,295 £3,425,447 £3,159,579
Tangible net worth £-7,359,828 £1,640,053 £1,599,145 £1,480,017 £1,347,857
Current liabilities £14,341,336 £12,781,693 £12,824,475 £12,938,741 £12,194,281
Current assets £18,374,533 £13,658,786 £13,679,192 £13,794,810 £12,776,036
31st December 2015 31st December 2014 31st May 2014 31st May 2013 31st May 2012
Solvency ratios
Current ratio 1.28 1.07 1.07 1.07 1.05
Efficiency ratios
Return on assets 0.03 -0.01 -0.02 -0.02 -0.01
Return on capital employed 0.12 -0.06 -0.08 -0.07 -0.05
Gearing ratios
Debt to equity ratio 10.54 5.10 5.12 5.16 4.86
Equity ratio 0.12 0.15 0.15 0.14 0.15
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover - - -0.98 - -

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