Company Identification Details
|
Subject Reported on
|
E.L.G. HANIEL METALS LIMITED
|
|
Registration Number
|
01517971
|
|
VAT Number
|
GB438924616
|
|
Address
|
TEMPLEBOROUGH WORKS, SHEFFIELD
ROAD, SHEFFIELD, SOUTH YORKSHIRE, S9 1RT.
|
|
Telephone
|
0114 244 3333
|
|
Facsimile
|
0114 256 1742
|
|
Email
|
info@elg.co.uk
|
|
Web Address
|
www.elg.co.uk
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 466,000
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
01517971
|
|
VAT Number
|
GB438924616
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
18/09/1980
|
|
Registered Office
|
TEMPLEBOROUGH WORKS, SHEFFIELD
ROAD, TINSLEY SHEFFIELD, SOUTH YORKSHIRE, S9
1RT.
|
|
History
|
7/12/2006 : The
Registered Office address changed from 291 CLARE
STREET, LONDON, E2
9HA, E2 9HA.
|
|
|
27/09/2006 : The
Registered Office address changed from TEMPLEBOROUGH WORKS, SHEFFIELD ROAD,
SHEFFIEL.
|
|
|
12/01/1987 : Change
of name from E.L.G. METALS LIMITED.
|
|
|
31/12/1981 : Change
of name from CLOISTERS ENGINEERING LIMITED.
|
|
|
11/02/1981 : Change
of name from CLOISTERS ENGINEERING LIMITED.
|
|
Date of Last Annual Return to Registry
|
26/07/2010
|
|
Accounts
|
The last filed accounts at Companies House are those to 31/12/2009
|
|
Accounting Reference Date
|
31/12
|
Operations
|
Activities
|
Manufacturers Metal traders. T/O = Revenue.
|
|
Nace Code
|
5152
|
|
Premises
|
Leased,Offices,Factory
|
|
Staff Employed
|
208
|
|
Trading Divisions
|
CARRS SPECIAL STEELS
|
|
Import Countries
|
FAR EAST
|
|
Export Countries
|
EUROPE
|
|
Bankers
|
BARCLAYS BANK PLC
|
|
Address
|
SHEFFIELD CITY.
|
|
Sort Code
|
207689
|
|
Auditors
|
Hawsons
|
|
Branches
|
HEATH ROAD, DARLASTON, WEDNESBURY, WEST
MIDLANDS.
|
|
|
12-14 RIVER RD, BARKING, ESSEX, IG11 0DG.
|
|
|
FACTORY RD,
BLAYDON-ON-TYNE, TYNE AND WEAR,
NE21 5RZ.
|
|
|
THE DOCKS, SHARPNESS
BERKELEY, GLOUCESTERSHIRE, GL13 9UX.
|
|
|
22 KYLE RD, IRVINE IND EST IRVINE, AYRSHIRE, KA12
8LD.
|
|
|
DITTON RD, WIDNES, CHESHIRE,
WA8 0PP.
|
|
|
RAGLAN ST, HYDE, CHESHIRE, SK14
2DX.
|
|
|
WEDSLEY BRIDGE, PENISTONE
ROAD NORTH, SHEFFIELD, SOUTH YORKSHIRE, S6 1LL.
|
|
Associated Companies
|
E L G METALS (NORTH
WEST) LTD
|
|
|
NI-CHRO ALLOYS
BARKING (HOLDINGS) LTD
|
|
Subsidiaries
|
DONAT CONSULTANTS
LIMITED
|
|
|
EUROPEAN TRADE SALES
LIMITED
|
|
|
FLOWSTREAM LIMITED
|
|
|
NATIONAL SCRAP
METALS LIMITED
|
|
|
PRIMECHANCE LIMITED
|
|
|
SHEARER MORMET
LIMITED
|
|
|
S2B2 LIMITED
|
Historical Rating
|
Date
|
Monthly Credit Guide
|
|
27/09/2010
|
466,000
|
|
27/06/2010
|
134,000
|
|
27/03/2010
|
143,000
|
|
27/12/2009
|
150,000
|
|
27/09/2009
|
150,000
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish Decrees are recorded in
our file.
|
Summary of Mortgages, Charges and
Satisfactions
|
Total Number of Mortgages/Charges Registered
|
1
|
|
Number Outstanding
|
0
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
1
|
|
|
|
|
Date of Latest Mortgage Created
|
23/09/1999
|
|
Date of Latest Satisfaction
|
08/09/2010
|
Details of most recent Mortgages, Charges
and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
08/09/2010
|
30/09/1999
|
23/09/1999
|
Legal Charge
|
395
|
David John Stokes And Michael Joseph Moore
|
|
It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
25/06/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
14/11/2002
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
20/06/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
08/01/2001
|
Companies House Gazette
|
Change among directors of a company
|
|
16/02/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
01/10/1996
|
Companies House Gazette
|
Change among directors of a company
|
|
08/11/1991
|
Companies House Gazette
|
Rights of shares
|
|
07/11/1991
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
07/02/1991
|
Companies House Gazette
|
Rights of shares
|
|
15/01/1991
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
03/02/1989
|
Companies House Gazette
|
Change among directors of a company
|
|
16/01/1989
|
Companies House Gazette
|
Change among directors of a company
|
|
08/12/1988
|
Companies House Gazette
|
Documents delivered by a company under section 241 (annual accounts)
|
|
29/03/1988
|
Companies House Gazette
|
Change in the situation of a company's registered office
|
Company Secretary
|
Secretary
|
MR JON PAUL GREENWOOD
|
|
Service Address
|
TEMPLEBOROUGH WORKS, SHEFFIELD
ROAD, TINSLEY SHEFFIELD, SOUTH YORKSHIRE, S9
1RT.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
28/05/1966
|
|
Appointment Date
|
27/01/2000
|
Directors
|
Director
|
MR MICHAEL GEORGE WRIGHT
|
|
Service Address
|
WHITE HOUSE FARM, WHITE
HOUSE FARM SHEFFIELD ROAD, HATHERSAGE,
S32 1DA.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
06/07/1947
|
|
Appointment Date
|
20/07/1991
|
|
Other Directorships
|
THE GENTECH PARTNERSHIP 1 LLP, TAXI TECHNOLOGY LIMITED
LIABILITY PARTNERSHIP, SHEARER MORMET LIMITED, NAFED SCRAP
LIMITED, CONSOLIDATED STAINLESS RECYCLING LIMITED, S2B2
LIMITED, T. W. WARD (STEEL & ALLOYS) LIMITED, THE BRITISH
METALS RECYCLING ASSOCIATION, PEARSE COMPLEX ALLOYS
LIMITED, KENTWRIGHT LIMITED
|
|
Financial Controller
|
DETLEF DRAFZ
|
|
Service Address
|
TEMPLEBOROUGH WORKS, SHEFFIELD
ROAD, TINSLEY SHEFFIELD, SOUTH YORKSHIRE, S9
1RT.
|
|
Country of Origin
|
GERMANY
|
|
Date of Birth
|
27/06/1962
|
|
Appointment Date
|
31/05/2007
|
|
Director
|
NORBERT SPAKER
|
|
Service Address
|
TEMPLEBOROUGH WORKS, SHEFFIELD
ROAD, TINSLEY SHEFFIELD, SOUTH YORKSHIRE, S9
1RT.
|
|
Country of Origin
|
GERMANY
|
|
Date of Birth
|
24/02/1957
|
|
Appointment Date
|
31/05/2007
|
|
Director
|
JEREMY GORDON EDMISTON
|
|
Service Address
|
RIVERDALE
RIDDINGS LANE, CURBAR, CALVER, DERBYSHIRE, S32 3YN.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
30/03/1960
|
|
Appointment Date
|
01/07/2002
|
|
Other Directorships
|
SHEARER MORMET LIMITED, CONSOLIDATED STAINLESS RECYCLING
LIMITED, S2B2 LIMITED, PEARSE COMPLEX ALLOYS LIMITED
|
Share Capital
|
Shares
|
Ordinary A GBP 1.00
|
|
Issued Number
|
2,700,000
|
|
Shares
|
Ordinary B GBP 1.00
|
|
Issued Number
|
300,000
|
|
Principal Shareholder
|
2,700,000 ELG Hamiel GMBH
|
|
|
300,000 ELG Hamiel GMBH
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
|
Holding Company
|
ELG Hamiel GMBH, a company incorporated in GERMANY
|
|
Ultimate Parent
|
FRANZ HANIEL & CIE GMBH, a company incorporated in GERMANY
|
Financial Data– Statutory Accounts
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
181606
|
276487
|
337843
|
238486
|
|
UK sales
|
112287
|
189826
|
218816
|
152250
|
|
Export
|
69319
|
86661
|
119027
|
86236
|
|
Cost of goods sold
|
165683
|
245458
|
295866
|
207835
|
|
GROSS PROFIT
|
15923
|
31029
|
41977
|
30651
|
|
Wages and Salaries
|
6563
|
11577
|
8666
|
7834
|
|
Directors Emoluments
|
525
|
2147
|
595
|
1479
|
|
Auditors Fees
|
42
|
43
|
33
|
33
|
|
Non-Audit Fees
|
20
|
88
|
21
|
30
|
|
Trading Profit
|
9495
|
21757
|
34146
|
22460
|
|
Depreciation
|
1240
|
1122
|
988
|
714
|
|
OPERATING PROFIT
|
8255
|
20635
|
33158
|
21746
|
|
Non Trading Income
|
1568
|
17
|
(1)
|
18
|
|
Interest Payable
|
892
|
2641
|
2887
|
2030
|
|
PRE TAX PROFIT
|
8931
|
18011
|
30270
|
19734
|
|
Taxation
|
2119
|
5424
|
9164
|
5985
|
|
PROFIT AFTER TAX
|
6812
|
12587
|
21106
|
13749
|
|
Dividends Payable
|
5000
|
15000
|
22500
|
|
|
RETAINED PROFITS
|
1812
|
(2413)
|
(1394)
|
13749
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
26414
|
32277
|
10813
|
8393
|
|
Tangible Assets
|
14623
|
32271
|
10798
|
8323
|
|
Fixed Assets
|
10903
|
10563
|
9593
|
8323
|
|
Intermediate assets
|
3720
|
21708
|
1205
|
|
|
Intangible Assets
|
11791
|
6
|
15
|
70
|
|
TOTAL CURRENT ASSETS
|
57886
|
39644
|
64632
|
61818
|
|
Trade debtors
|
18463
|
18667
|
16999
|
29614
|
|
Stocks
|
36969
|
19365
|
41582
|
30661
|
|
Other Current Assets
|
2454
|
1612
|
6051
|
1543
|
|
Misc Current Assets
|
2137
|
1468
|
3549
|
1522
|
|
Due From Group
|
317
|
143
|
2501
|
|
|
Cash
|
|
1
|
1
|
21
|
|
TOTAL ASSETS
|
84300
|
71921
|
75445
|
70211
|
|
TOTAL CURRENT LIABILITIES
|
57618
|
47452
|
49153
|
42695
|
|
Trade creditors
|
13862
|
10215
|
21495
|
21136
|
|
Short Term Loans
|
42664
|
34694
|
22446
|
18077
|
|
Bank Overdraft
|
530
|
598
|
4838
|
2216
|
|
Other Finance
|
524
|
|
|
25
|
|
Due To Group
|
41610
|
34096
|
17608
|
15836
|
|
Other Liabilities
|
1092
|
2543
|
5212
|
3482
|
|
WORKING CAPITAL
|
268
|
(7808)
|
15479
|
19123
|
|
TOTAL LONG TERM LIABS
|
1761
|
1360
|
770
|
600
|
|
Other Liabilities
|
1761
|
1360
|
770
|
600
|
|
NET ASSETS/(LIABILITIES)
|
24921
|
23109
|
25522
|
26916
|
|
SHARE CAPITAL + RESERVES
|
24921
|
23109
|
25522
|
26916
|
|
Share Cap + Sundry Res
|
3000
|
3000
|
3000
|
3000
|
|
Issued Share Capital
|
3000
|
3000
|
3000
|
3000
|
|
Profit and Loss account
|
21921
|
20109
|
22522
|
23916
|
|
SHAREHOLDERS FUNDS
|
24921
|
23109
|
25522
|
26916
|
|
CAPITAL EMPLOYED
|
26682
|
24469
|
26292
|
27516
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
9662
|
51990
|
22053
|
(845)
|
|
Increase in Cash
|
67
|
4240
|
(2642)
|
(1956)
|
|
Directors Remuneration
|
525
|
2147
|
595
|
1479
|
|
Auditors Remuneration
|
42
|
43
|
33
|
33
|
|
Liquid Assets
|
18463
|
18668
|
17000
|
29635
|
|
Net Working Capital
|
268
|
(7808)
|
15479
|
19123
|
|
Other Deferred Liabs
|
1761
|
1360
|
770
|
600
|
|
Tangible Net Worth(T.N.W)
|
13130
|
23103
|
25507
|
26846
|
|
Equity
|
24921
|
23109
|
25522
|
26916
|
|
Number of Years Trading
|
29
|
28
|
27
|
26
|
|
Number of Employees
|
208
|
199
|
194
|
185
|
|
Profit per Employee
|
42937.5
|
90507.5
|
156030.9
|
106670.3
|
|
Sales per Employee
|
873105.8
|
1389381.9
|
1741458.8
|
1289113.5
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Current Ratio
|
1
|
0.8
|
1.3
|
1.4
|
|
Pre Tax Profit Margin%
|
4.9
|
6.5
|
9
|
8.3
|
|
Gross Profit%
|
8.8
|
11.2
|
12.4
|
12.9
|
|
Debtors Days (D.S.O)
|
37
|
25
|
18
|
45
|
|
Creditors Days (D.P.O)
|
28
|
13
|
23
|
32
|
|
Quick Ratio
|
0.4
|
0.4
|
0.5
|
0.7
|
|
W.I.P/Inventory Days
|
81.4
|
28.8
|
51.3
|
53.8
|
|
Return on Investment%
|
14.2
|
34.9
|
68
|
47.7
|
|
Return on Assets%
|
10.6
|
25
|
40.1
|
28.1
|
|
T.N.W/Total Assets%
|
15.6
|
32.1
|
33.8
|
38.2
|
|
Return on Capital%
|
33.5
|
73.6
|
115.1
|
71.7
|
|
Rtn on Shareholders Funds%
|
35.8
|
77.9
|
118.6
|
73.3
|
|
Working Capital/Sales%
|
0.1
|
(2.8)
|
4.6
|
8
|
|
Borrowing Ratio%
|
324.9
|
150.2
|
88
|
67.3
|
|
Equity Gearing%
|
42
|
47.3
|
51.1
|
62.2
|
|
Stock Turnover
|
4.9
|
14.3
|
8.1
|
7.8
|
|
Days Purchases Outstanding
|
30.5
|
15.2
|
26.5
|
37.1
|
|
Sales/Fixed Assets
|
16.7
|
26.2
|
35.2
|
28.7
|
Key Industry Sector Trends
|
Year
|
2010
|
2009
|
2008
|
2007
|
|
Sample Size
|
611
|
5577
|
6639
|
6734
|
|
Pre-Tax Profit Margin
|
4.1
|
2.9
|
3.6
|
4.5
|
|
Current Ratio
|
1.6
|
1.6
|
1.5
|
1.5
|
|
Borrowing Ratio
|
93.6
|
94.5
|
102.2
|
108.8
|
|
Return on Capital
|
23.8
|
21.8
|
25.9
|
30.8
|
|
Creditors Days
|
48
|
53
|
55
|
73
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Wholesale of non-agricultural intermediate
products, waste and scrap
|
Financial Summary
|
Auditors Qualification
|
|
The Auditors have expressed a clean
opinion (i.e. unqualified with no referrals) on the accounts for the period
ended 31/12/2009.
|
|
Turnover
|
|
Turnover decreased by 34 % and reduced
by 94,881,000 to GBP 181,606,000.
|
|
Operating Profit
|
|
Totalled GBP 8,255,000. In the year
prior a Profit of GBP 20,635,000 was achieved.
|
|
Pre Tax Profit
|
|
The subject's profit decreased by 50 %
over the previous year.
|
|
Working Capital
|
|
The subject has turned a deficient
working capital of GBP 7,808,000 to surplus of GBP 268,000.
|
|
Net Worth
|
|
Net worth has increased by 8 % and now
stands at GBP 24,921,000.
|
|
Fixed Assets
|
|
The subject's fixed assets reduced
during the year by GBP 5,863,000 to GBP 26,414,000 and are now 31 % of
total assets compared with 44 % in the previous year.
|
|
Long Term Liabilities
|
|
The company's long term liabilities
increased during the period by 29% and are now 7 % of net worth compared
with 6 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are now 2 % of
total liabilities compared with 2 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are 7 % of capital
employed, an increase of 1 % over the previous period.
|
|
