trico limited
trico limited Company Information
Company Number
00234268
Website
www.trico.eu.comRegistered Address
dyke yaxley limited, 1 brassey road, shrewsbury, shropshire, SY3 7FA
Industry
Manufacture of other transport equipment n.e.c.
Telephone
-
Next Accounts Due
34 days late
Group Structure
View All
Shareholders
trico investments corporation 100%
trico limited Estimated Valuation
Pomanda estimates the enterprise value of TRICO LIMITED at £4.3m based on a Turnover of £8m and 0.53x industry multiple (adjusted for size and gross margin).
trico limited Estimated Valuation
Pomanda estimates the enterprise value of TRICO LIMITED at £12.4m based on an EBITDA of £2.8m and a 4.46x industry multiple (adjusted for size and gross margin).
trico limited Estimated Valuation
Pomanda estimates the enterprise value of TRICO LIMITED at £21.2m based on Net Assets of £8.5m and 2.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Trico Limited Overview
Trico Limited is a live company located in shrewsbury, SY3 7FA with a Companies House number of 00234268. It operates in the manufacture of other transport equipment n.e.c. sector, SIC Code 30990. Founded in October 1928, it's largest shareholder is trico investments corporation with a 100% stake. Trico Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8m with declining growth in recent years.
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Trico Limited Health Check
Pomanda's financial health check has awarded Trico Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £8m, make it smaller than the average company (£14.8m)
- Trico Limited
£14.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (3.2%)
- Trico Limited
3.2% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Trico Limited
26.4% - Industry AVG
Profitability
an operating margin of 34.9% make it more profitable than the average company (6.4%)
- Trico Limited
6.4% - Industry AVG
Employees
with 6 employees, this is below the industry average (67)
6 - Trico Limited
67 - Industry AVG
Pay Structure
on an average salary of £40.4k, the company has an equivalent pay structure (£40.4k)
- Trico Limited
£40.4k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£177.6k)
- Trico Limited
£177.6k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (64 days)
- Trico Limited
64 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (42 days)
- Trico Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 248 days, this is more than average (73 days)
- Trico Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Trico Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.9%, this is a higher level of debt than the average (55.4%)
64.9% - Trico Limited
55.4% - Industry AVG
TRICO LIMITED financials
Trico Limited's latest turnover from December 2022 is estimated at £8 million and the company has net assets of £8.5 million. According to their latest financial statements, Trico Limited has 6 employees and maintains cash reserves of £22.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,942,000 | 21,433,000 | 15,870,000 | 11,233,000 | 9,747,000 | 11,589,000 | 11,393,000 | 11,716,000 | 11,739,000 | 12,713,000 | 13,206,000 | 11,330,000 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 5,755,000 | 15,877,000 | 10,750,000 | 8,100,000 | 6,918,000 | 8,681,000 | 8,737,000 | 9,263,000 | 9,600,000 | 9,885,000 | 10,161,000 | 8,068,000 | ||
| Gross Profit | 2,187,000 | 5,556,000 | 5,120,000 | 3,133,000 | 2,829,000 | 2,908,000 | 2,656,000 | 2,453,000 | 2,139,000 | 2,828,000 | 3,045,000 | 3,262,000 | ||
| Admin Expenses | 2,909,000 | 7,341,000 | 2,168,000 | 1,785,000 | 2,242,000 | 2,491,000 | 2,812,000 | 2,143,000 | 2,413,000 | 2,454,000 | 2,750,000 | 2,626,000 | ||
| Operating Profit | -722,000 | -1,785,000 | 2,952,000 | 1,348,000 | 587,000 | 417,000 | -156,000 | 310,000 | -274,000 | 374,000 | 295,000 | 636,000 | ||
| Interest Payable | 58,000 | 192,000 | 59,000 | 81,000 | 28,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 208,000 | 232,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 0 | ||
| Pre-Tax Profit | -572,000 | -1,745,000 | 2,893,000 | 1,267,000 | 559,000 | 417,000 | -156,000 | 310,000 | -274,000 | 375,000 | 296,000 | 636,000 | ||
| Tax | 0 | -1,005,000 | 305,000 | 700,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Profit After Tax | -572,000 | -2,750,000 | 3,198,000 | 1,967,000 | 559,000 | 417,000 | -156,000 | 310,000 | -274,000 | 375,000 | 296,000 | 636,000 | ||
| Dividends Paid | 0 | 0 | 0 | 906,000 | 878,000 | 0 | 631,000 | 0 | 1,298,000 | 1,091,000 | 0 | 0 | ||
| Retained Profit | -572,000 | -2,750,000 | 3,198,000 | 1,061,000 | -319,000 | 417,000 | -787,000 | 310,000 | -1,572,000 | -716,000 | 296,000 | 636,000 | ||
| Employee Costs | 948,000 | 1,585,000 | 1,491,000 | 1,294,000 | 1,348,000 | 1,258,000 | 1,213,000 | 1,171,000 | 1,387,000 | 1,309,000 | 1,235,000 | 1,206,000 | ||
| Number Of Employees | 6 | 8 | 11 | 34 | 28 | 27 | 32 | 32 | 37 | 33 | 40 | 40 | 41 | 39 |
| EBITDA* | -719,000 | -1,759,000 | 2,980,000 | 1,371,000 | 596,000 | 418,000 | -129,000 | 476,000 | -70,000 | 625,000 | 493,000 | 749,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 744 | 0 | 0 | 40,000 | 66,000 | 44,000 | 49,000 | 26,000 | 0 | 27,000 | 193,000 | 397,000 | 648,000 | 714,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 18,015,995 | 14,278,953 | 10,421,000 | 3,561,000 | 3,881,000 | 350,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 18,016,739 | 14,278,953 | 10,421,000 | 3,601,000 | 3,947,000 | 394,000 | 49,000 | 26,000 | 0 | 27,000 | 193,000 | 397,000 | 648,000 | 714,000 |
| Stock & work in progress | 3,987,407 | 2,679,626 | 2,060,000 | 2,395,000 | 3,605,000 | 2,738,000 | 2,860,000 | 2,784,000 | 2,305,000 | 2,286,000 | 2,314,000 | 2,439,000 | 2,484,000 | 2,154,000 |
| Trade Debtors | 1,760,716 | 2,050,580 | 1,813,000 | 3,355,000 | 2,957,000 | 2,404,000 | 2,104,000 | 2,473,000 | 2,350,000 | 2,555,000 | 2,626,000 | 2,880,000 | 2,765,000 | 2,599,000 |
| Group Debtors | 0 | 0 | 1,000 | 1,591,000 | 484,000 | 1,610,000 | 936,000 | 58,000 | 74,000 | 144,000 | 179,000 | 23,000 | 288,000 | 484,000 |
| Misc Debtors | 298,950 | 240,343 | 266,000 | 375,000 | 916,000 | 685,000 | 233,000 | 195,000 | 244,000 | 170,000 | 190,000 | 322,000 | 255,000 | 170,000 |
| Cash | 22,165 | 221,283 | 320,000 | 818,000 | 621,000 | 309,000 | 99,000 | 424,000 | 874,000 | 967,000 | 815,000 | 1,754,000 | 1,653,000 | 1,405,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,069,238 | 5,191,832 | 4,460,000 | 8,534,000 | 8,583,000 | 7,746,000 | 6,232,000 | 5,934,000 | 5,847,000 | 6,122,000 | 6,124,000 | 7,418,000 | 7,445,000 | 6,812,000 |
| total assets | 24,085,977 | 19,470,785 | 14,881,000 | 12,135,000 | 12,530,000 | 8,140,000 | 6,281,000 | 5,960,000 | 5,847,000 | 6,149,000 | 6,317,000 | 7,815,000 | 8,093,000 | 7,526,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 2,056,000 | 2,146,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,149,552 | 1,204,085 | 973,000 | 953,000 | 895,000 | 626,000 | 568,000 | 652,000 | 986,000 | 915,000 | 1,550,000 | 1,565,000 | 1,441,000 | 1,165,000 |
| Group/Directors Accounts | 3,021,195 | 1,242,735 | 848,000 | 1,025,000 | 32,000 | 78,000 | 860,000 | 873,000 | 1,152,000 | 732,000 | 574,000 | 485,000 | 165,000 | 165,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 813,471 | 675,205 | 612,000 | 642,000 | 556,000 | 521,000 | 1,145,000 | 408,000 | 99,000 | 105,000 | 106,000 | 106,000 | 112,000 | 117,000 |
| total current liabilities | 4,984,218 | 3,122,025 | 2,433,000 | 2,620,000 | 3,539,000 | 3,371,000 | 2,573,000 | 1,933,000 | 2,237,000 | 1,752,000 | 2,230,000 | 2,156,000 | 1,718,000 | 1,447,000 |
| loans | 9,268,201 | 7,693,437 | 4,571,000 | 554,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,377,908 | 1,803,585 | 2,208,000 | 2,720,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 10,646,109 | 9,497,022 | 6,779,000 | 3,274,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 15,630,327 | 12,619,047 | 9,212,000 | 5,894,000 | 3,539,000 | 3,371,000 | 2,573,000 | 1,933,000 | 2,237,000 | 1,752,000 | 2,230,000 | 2,156,000 | 1,718,000 | 1,447,000 |
| net assets | 8,455,650 | 6,851,738 | 5,669,000 | 6,241,000 | 8,991,000 | 4,769,000 | 3,708,000 | 4,027,000 | 3,610,000 | 4,397,000 | 4,087,000 | 5,659,000 | 6,375,000 | 6,079,000 |
| total shareholders funds | 8,455,650 | 6,851,738 | 5,669,000 | 6,241,000 | 8,991,000 | 4,769,000 | 3,708,000 | 4,027,000 | 3,610,000 | 4,397,000 | 4,087,000 | 5,659,000 | 6,375,000 | 6,079,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -722,000 | -1,785,000 | 2,952,000 | 1,348,000 | 587,000 | 417,000 | -156,000 | 310,000 | -274,000 | 374,000 | 295,000 | 636,000 | ||
| Depreciation | 71 | 0 | 3,000 | 26,000 | 28,000 | 23,000 | 9,000 | 1,000 | 27,000 | 166,000 | 204,000 | 251,000 | 198,000 | 113,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -1,005,000 | 305,000 | 700,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Stock | 1,307,781 | 619,626 | -335,000 | -1,210,000 | 867,000 | -122,000 | 555,000 | 479,000 | 2,305,000 | -28,000 | -125,000 | 285,000 | 330,000 | 2,154,000 |
| Debtors | 3,505,785 | 4,068,876 | 3,619,000 | 644,000 | 3,189,000 | 1,776,000 | 605,000 | 58,000 | 2,668,000 | -126,000 | -230,000 | -28,000 | 55,000 | 3,253,000 |
| Creditors | -54,533 | 231,085 | 20,000 | 58,000 | 269,000 | 58,000 | -418,000 | -334,000 | 986,000 | -635,000 | -15,000 | 400,000 | 276,000 | 1,165,000 |
| Accruals and Deferred Income | 138,266 | 63,205 | -30,000 | 86,000 | 35,000 | -624,000 | 1,046,000 | 309,000 | 99,000 | -1,000 | 0 | -11,000 | -5,000 | 117,000 |
| Deferred Taxes & Provisions | -425,677 | -404,415 | -512,000 | 2,720,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -4,525,000 | 666,000 | -467,000 | -149,000 | 64,000 | -144,000 | -4,017,000 | -6,000 | 270,000 | 757,000 | 379,000 | -3,376,000 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | -50,000 | -19,000 | -32,000 | -27,000 | 0 | 0 | 0 | 0 | -132,000 | -626,000 | ||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | -50,000 | -19,000 | -32,000 | -27,000 | 0 | 0 | 0 | 0 | -132,000 | -626,000 | ||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | -2,056,000 | -90,000 | 2,146,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,778,460 | 394,735 | -177,000 | 993,000 | -46,000 | -782,000 | -292,000 | -279,000 | 1,152,000 | 158,000 | 89,000 | 320,000 | 0 | 165,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,574,764 | 3,122,437 | 4,017,000 | 554,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 150,000 | 40,000 | -59,000 | -81,000 | -28,000 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 0 | ||
| cash flow from financing | 3,990,000 | -469,000 | 829,000 | 1,283,000 | 97,000 | -279,000 | 5,549,000 | 158,000 | 89,000 | 617,000 | 1,000 | 5,608,000 | ||
| cash and cash equivalents | ||||||||||||||
| cash | -199,118 | -98,717 | -498,000 | 197,000 | 312,000 | 210,000 | -775,000 | -450,000 | 874,000 | 152,000 | -939,000 | 349,000 | 248,000 | 1,405,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -199,118 | -98,717 | -498,000 | 197,000 | 312,000 | 210,000 | -775,000 | -450,000 | 874,000 | 152,000 | -939,000 | 349,000 | 248,000 | 1,405,000 |
trico limited Credit Report and Business Information
Trico Limited Competitor Analysis
Perform a competitor analysis for trico limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in SY3 area or any other competitors across 12 key performance metrics.
trico limited Ownership
TRICO LIMITED group structure
Trico Limited has no subsidiary companies.
Ultimate parent company
TRICO GROUP HOLDINGS LLC
#0113783
TRICO INVESTMENTS CORP
#0069134
2 parents
TRICO LIMITED
00234268
trico limited directors
Trico Limited currently has 6 directors. The longest serving directors include Mr Stephen Graham (Dec 2016) and Mr David Parker (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Graham | United Kingdom | 66 years | Dec 2016 | - | Director |
| Mr David Parker | United Kingdom | 55 years | Oct 2018 | - | Director |
| Mr Jay MacHado | United Kingdom | 51 years | Oct 2020 | - | Director |
| Mr Brian Troyer | United States | 63 years | Oct 2020 | - | Director |
| Mr Michael Baker | United Kingdom | 52 years | Jan 2022 | - | Director |
| Mr Shekhar Kumar | United Kingdom | 40 years | Jan 2022 | - | Director |
P&L
December 2022turnover
8m
+2%
operating profit
2.8m
0%
gross margin
26.4%
+3.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
8.5m
+0.23%
total assets
24.1m
+0.24%
cash
22.2k
-0.9%
net assets
Total assets minus all liabilities
trico limited company details
company number
00234268
Type
Private limited with Share Capital
industry
30990 - Manufacture of other transport equipment n.e.c.
incorporation date
October 1928
age
96
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
trico-folberth limited (September 1992)
accountant
DYKE YAXLEY LIMITED
auditor
-
address
dyke yaxley limited, 1 brassey road, shrewsbury, shropshire, SY3 7FA
Bank
HSBC BANK PLC
Legal Advisor
-
trico limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 16 charges/mortgages relating to trico limited. Currently there are 3 open charges and 13 have been satisfied in the past.
trico limited Companies House Filings - See Documents
| date | description | view/download |
|---|
