HIVAC ENGINEERING LTD Financials
- Company number
- 03630574CopyCopy
- Registered office
- 14-16 Ivyhouse Lane Industrial Estate, Hastings TN35 4NN
- Incorporated
- 11/09/1998
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
14.06%vs 20232023: £373.72K
Total Assets
2.91%vs 20232023: £1.56M
Cash in Bank
-99.92%vs 20222022: £20.02K
Total Liabilities
-0.62%vs 20232023: £1.18M
Employees
0vs 20232023: 12
In 2024, HIVAC ENGINEERING LTD reported net assets of £426.28K. The same filing shows total assets of £1.60M, cash in bank of £16.00 and total liabilities of £1.18M. Reported headcount was 12 in 2024. Net Assets rose from £373.72K in 2023 to £426.28K in 2024 (14.06%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
14.06%from £373.72K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures HIVAC ENGINEERING LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+20.7%vs 2022+9.9% a year compound (CAGR)
Total Assets
+60.8%vs 2022+26.8% a year compound (CAGR)
Total Liabilities
+82.8%vs 2022+35.2% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+82.8%
£643.02K in 2022 to £1.18M in 2024
Every measure that changed in HIVAC ENGINEERING LTD's filings between 2022 and 2024 rose. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets and total assets climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HIVAC ENGINEERING LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 26.61%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 73.39%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for HIVAC ENGINEERING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 202.45K | 353.21K | 373.72K | 426.28K |
| Total Assets£ | 1.08M | 996.22K | 1.56M | 1.60M |
| Cash in Bank£ | – | 20.02K | 16.00 | – |
| Total Liabilities£ | 879.72K | 643.02K | 1.18M | 1.18M |
| Employees | 10 | 12 | 12 | 12 |
HIVAC ENGINEERING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HIVAC ENGINEERING LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
HIVAC ENGINEERING LTD reported net assets of £426.28K for 2024. That compares with £373.72K in 2023, a change of 14.06%.
HIVAC ENGINEERING LTD reported total assets of £1.60M for 2024. That compares with £1.56M in 2023, a change of 2.91%.
HIVAC ENGINEERING LTD reported cash in bank of £16.00 for 2023. That compares with £20.02K in 2022, a change of -99.92%.
HIVAC ENGINEERING LTD reported 12 employees in 2024, compared with 12 in 2023.
Between 2022 and 2024, HIVAC ENGINEERING LTD's net assets rose by 20.7%, total assets rose by 60.8%, total liabilities rose by 82.8% and employee numbers was unchanged. Net assets compounded at 9.9% a year across the two years to 2024, from £353.21K to £426.28K. Reported headcount went from 12 in 2022 to 12 in 2024.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.