trimline limited
trimline limited Company Information
Company Number
00837766
Next Accounts
Jun 2025
Shareholders
trimline holdings limited
Group Structure
View All
Industry
Repair and maintenance of ships and boats
Registered Address
unit 2 fulcrum 6, solent way, whiteley, PO15 7QQ
Website
www.trimline.co.uktrimline limited Estimated Valuation
Pomanda estimates the enterprise value of TRIMLINE LIMITED at £4.6m based on a Turnover of £8.9m and 0.51x industry multiple (adjusted for size and gross margin).
trimline limited Estimated Valuation
Pomanda estimates the enterprise value of TRIMLINE LIMITED at £4.3m based on an EBITDA of £865.9k and a 5.02x industry multiple (adjusted for size and gross margin).
trimline limited Estimated Valuation
Pomanda estimates the enterprise value of TRIMLINE LIMITED at £14.4m based on Net Assets of £6.2m and 2.34x industry multiple (adjusted for liquidity).
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Trimline Limited Overview
Trimline Limited is a live company located in whiteley, PO15 7QQ with a Companies House number of 00837766. It operates in the repair and maintenance of ships and boats sector, SIC Code 33150. Founded in February 1965, it's largest shareholder is trimline holdings limited with a 100% stake. Trimline Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.9m with declining growth in recent years.
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Trimline Limited Health Check
Pomanda's financial health check has awarded Trimline Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £8.9m, make it larger than the average company (£5.1m)
- Trimline Limited
£5.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (7.3%)
- Trimline Limited
7.3% - Industry AVG
Production
with a gross margin of 30%, this company has a comparable cost of product (30%)
- Trimline Limited
30% - Industry AVG
Profitability
an operating margin of 8.1% make it as profitable than the average company (7%)
- Trimline Limited
7% - Industry AVG
Employees
with 33 employees, this is below the industry average (43)
33 - Trimline Limited
43 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Trimline Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £269.9k, this is more efficient (£136.4k)
- Trimline Limited
£136.4k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (43 days)
- Trimline Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (32 days)
- Trimline Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is more than average (15 days)
- Trimline Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is average cash available to meet short term requirements (26 weeks)
28 weeks - Trimline Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33%, this is a lower level of debt than the average (58.7%)
33% - Trimline Limited
58.7% - Industry AVG
TRIMLINE LIMITED financials
Trimline Limited's latest turnover from September 2023 is estimated at £8.9 million and the company has net assets of £6.2 million. According to their latest financial statements, Trimline Limited has 33 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,947,885 | 11,586,117 | 23,526,534 | 21,380,866 | 19,297,934 | 38,255,483 | 30,466,991 | 21,082,245 | 18,518,701 | 18,586,746 | 7,993,785 | 8,048,927 | 18,750,029 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 3,124,789 | 7,930,841 | 17,949,139 | 17,028,177 | 13,772,190 | 31,050,482 | 24,567,007 | 16,808,829 | 13,224,047 | 12,924,457 | 5,763,097 | 5,981,561 | 13,950,941 | ||
| Gross Profit | 1,823,096 | 3,655,276 | 5,577,395 | 4,352,689 | 5,525,744 | 7,205,001 | 5,899,984 | 4,273,416 | 5,294,654 | 5,662,289 | 2,230,688 | 2,067,366 | 4,799,088 | ||
| Admin Expenses | 1,661,917 | 3,441,653 | 4,785,108 | 4,336,889 | 5,101,811 | 6,354,486 | 5,161,169 | 3,621,409 | 3,433,212 | 5,358,768 | 2,122,636 | 2,106,618 | 4,409,236 | ||
| Operating Profit | 161,179 | 213,623 | 792,287 | 15,800 | 423,933 | 850,515 | 738,815 | 652,007 | 1,861,442 | 303,521 | 108,052 | -39,252 | 389,852 | ||
| Interest Payable | 21,750 | 417 | 874 | 2,289 | 763 | 318 | 9,126 | 8,918 | 5,513 | 5,660 | 6,457 | 4,868 | 5,760 | ||
| Interest Receivable | 10 | 455 | 4,913 | 38,663 | 17,130 | 1,849 | 5,736 | 5,402 | 1,124 | 1,328 | 13,631 | ||||
| Pre-Tax Profit | 139,429 | 213,216 | 791,413 | 13,966 | 428,083 | 888,860 | 746,819 | 644,938 | 1,861,665 | 303,263 | 102,719 | -42,792 | 397,723 | ||
| Tax | 144,705 | -34,696 | -181,887 | 9,714 | -74,846 | -197,554 | -174,384 | -142,077 | -440,489 | -69,809 | -17,811 | 3,565 | -97,694 | ||
| Profit After Tax | 284,134 | 178,520 | 609,526 | 23,680 | 353,237 | 691,306 | 572,435 | 502,861 | 1,421,176 | 233,454 | 84,908 | -39,227 | 300,029 | ||
| Dividends Paid | 10,000 | 200,000 | 200,000 | 200,000 | 200,000 | 299,000 | 208,000 | 317,200 | |||||||
| Retained Profit | 284,134 | 168,520 | 409,526 | 23,680 | 153,237 | 491,306 | 372,435 | 502,861 | 1,122,176 | 25,454 | 84,908 | -39,227 | -17,171 | ||
| Employee Costs | 1,172,513 | 3,156,365 | 3,640,970 | 3,837,987 | 4,478,379 | 4,995,481 | 4,886,783 | 3,825,904 | 3,466,008 | 5,478,380 | 2,209,550 | 2,173,668 | 4,890,004 | ||
| Number Of Employees | 33 | 28 | 26 | 72 | 81 | 87 | 99 | 115 | 106 | 98 | 82 | 77 | 61 | 64 | 94 |
| EBITDA* | 270,255 | 390,918 | 1,043,325 | 178,646 | 582,721 | 994,284 | 864,422 | 737,252 | 1,927,379 | 349,163 | 164,780 | 29,822 | 457,759 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 728,794 | 140,257 | 94,460 | 216,888 | 343,881 | 467,722 | 412,304 | 451,823 | 454,013 | 396,987 | 275,624 | 218,974 | 134,920 | 185,821 | 187,816 |
| Intangible Assets | 147,324 | 95,103 | 31,220 | 27,844 | 255,553 | 196,497 | 177,569 | 30,990 | 39,371 | ||||||
| Investments & Other | 1 | ||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 876,118 | 235,360 | 125,680 | 244,732 | 599,434 | 664,220 | 589,873 | 482,813 | 493,384 | 396,987 | 275,624 | 218,974 | 134,920 | 185,821 | 187,816 |
| Stock & work in progress | 569,496 | 313,767 | 235,532 | 411,179 | 536,630 | 492,031 | 527,243 | 697,314 | 535,665 | 273,389 | 158,219 | 226,950 | 149,701 | 162,621 | 108,500 |
| Trade Debtors | 1,704,679 | 1,351,703 | 759,260 | 809,984 | 2,638,899 | 2,184,366 | 2,862,077 | 3,563,383 | 2,649,841 | 4,390,382 | 2,731,436 | 1,871,020 | 1,558,259 | 1,120,855 | 2,196,073 |
| Group Debtors | 3,978,652 | 3,466,151 | 3,211,103 | ||||||||||||
| Misc Debtors | 570,786 | 472,510 | 784,571 | 657,855 | 1,683,056 | 592,300 | 651,653 | 556,659 | 254,916 | 407,095 | 235,606 | 163,573 | 142,623 | 125,732 | 143,335 |
| Cash | 1,516,623 | 1,898,387 | 2,044,410 | 3,978,707 | 2,978,535 | 2,361,945 | 2,369,445 | 1,092,513 | 3,838,101 | 1,964,369 | 3,220,481 | 7,394,002 | 1,409,420 | 1,216,600 | 2,255,192 |
| misc current assets | |||||||||||||||
| total current assets | 8,340,236 | 7,502,518 | 7,034,876 | 5,857,725 | 7,837,120 | 5,630,642 | 6,410,418 | 5,909,869 | 7,278,523 | 7,035,235 | 6,345,742 | 9,655,545 | 3,260,003 | 2,625,808 | 4,703,100 |
| total assets | 9,216,354 | 7,737,878 | 7,160,556 | 6,102,457 | 8,436,554 | 6,294,862 | 7,000,291 | 6,392,682 | 7,771,907 | 7,432,222 | 6,621,366 | 9,874,519 | 3,394,923 | 2,811,629 | 4,890,916 |
| Bank overdraft | 112,099 | 122,595 | 42,595 | 2,176 | |||||||||||
| Bank loan | 25,000 | ||||||||||||||
| Trade Creditors | 813,158 | 374,526 | 165,090 | 142,306 | 361,121 | 187,986 | 868,157 | 617,027 | 1,774,572 | 1,586,042 | 672,854 | 724,867 | 550,212 | 958,106 | 1,068,273 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 9,535 | ||||||||||||||
| hp & lease commitments | 1,396 | 6,825 | |||||||||||||
| other current liabilities | 1,800,091 | 1,273,319 | 1,666,406 | 1,413,947 | 3,651,188 | 2,087,853 | 2,158,844 | 1,943,949 | 2,669,729 | 2,729,244 | 3,357,627 | 7,683,799 | 1,421,897 | 500,861 | 2,422,521 |
| total current liabilities | 2,725,348 | 1,770,440 | 1,899,091 | 1,556,253 | 4,012,309 | 2,275,839 | 3,029,177 | 2,570,511 | 4,444,301 | 4,315,286 | 4,030,481 | 8,408,666 | 1,972,109 | 1,460,363 | 3,497,619 |
| loans | 234,982 | 347,081 | 225,000 | ||||||||||||
| hp & lease commitments | 1,035 | ||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 224,015 | ||||||||||||||
| provisions | 82,823 | 17,816 | 10,876 | 28,764 | 75,325 | 79,629 | 55,352 | 60,919 | 72,206 | 52,547 | 29,357 | 26,501 | 8,916 | 22,276 | 24,045 |
| total long term liabilities | 317,805 | 364,897 | 459,891 | 28,764 | 75,325 | 79,629 | 55,352 | 60,919 | 72,206 | 52,547 | 29,357 | 26,501 | 8,916 | 22,276 | 25,080 |
| total liabilities | 3,043,153 | 2,135,337 | 2,358,982 | 1,585,017 | 4,087,634 | 2,355,468 | 3,084,529 | 2,631,430 | 4,516,507 | 4,367,833 | 4,059,838 | 8,435,167 | 1,981,025 | 1,482,639 | 3,522,699 |
| net assets | 6,173,201 | 5,602,541 | 4,801,574 | 4,517,440 | 4,348,920 | 3,939,394 | 3,915,762 | 3,761,252 | 3,255,400 | 3,064,389 | 2,561,528 | 1,439,352 | 1,413,898 | 1,328,990 | 1,368,217 |
| total shareholders funds | 6,173,201 | 5,602,541 | 4,801,574 | 4,517,440 | 4,348,920 | 3,939,394 | 3,915,762 | 3,761,252 | 3,255,400 | 3,064,389 | 2,561,528 | 1,439,352 | 1,413,898 | 1,328,990 | 1,368,217 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 161,179 | 213,623 | 792,287 | 15,800 | 423,933 | 850,515 | 738,815 | 652,007 | 1,861,442 | 303,521 | 108,052 | -39,252 | 389,852 | ||
| Depreciation | 122,428 | 75,564 | 84,812 | 154,836 | 233,698 | 141,353 | 149,620 | 134,696 | 125,284 | 85,245 | 65,937 | 45,642 | 56,728 | 69,074 | 67,907 |
| Amortisation | 26,249 | 11,715 | 24,264 | 22,459 | 17,340 | 21,493 | 9,168 | 9,073 | 323 | ||||||
| Tax | 144,705 | -34,696 | -181,887 | 9,714 | -74,846 | -197,554 | -174,384 | -142,077 | -440,489 | -69,809 | -17,811 | 3,565 | -97,694 | ||
| Stock | 255,729 | 78,235 | -175,647 | -125,451 | 44,599 | -35,212 | -170,071 | 161,649 | 262,276 | 115,170 | -68,731 | 77,249 | -12,920 | 54,121 | 108,500 |
| Debtors | 963,753 | 535,430 | 3,287,095 | -2,854,116 | 1,545,289 | -737,064 | -606,312 | 1,215,285 | -1,892,720 | 1,830,435 | 932,449 | 333,711 | 454,295 | -1,092,821 | 2,339,408 |
| Creditors | 438,632 | 209,436 | 22,784 | -218,815 | 173,135 | -680,171 | 251,130 | -1,157,545 | 188,530 | 913,188 | -52,013 | 174,655 | -407,894 | -110,167 | 1,068,273 |
| Accruals and Deferred Income | 526,772 | -393,087 | 252,459 | -2,237,241 | 1,563,335 | -70,991 | 214,895 | -725,780 | -59,515 | -628,383 | -4,326,172 | 6,261,902 | 921,036 | -1,921,660 | 2,422,521 |
| Deferred Taxes & Provisions | 65,007 | 6,940 | -17,888 | -46,561 | -4,304 | 24,277 | -5,567 | -11,287 | 19,659 | 23,190 | 2,856 | 17,585 | -13,360 | -1,769 | 24,045 |
| Cash flow from operations | -2,439,133 | 833,172 | 1,003,716 | 233,751 | 1,744,716 | -2,474,816 | 2,469,156 | -1,042,435 | -3,752,157 | 6,322,536 | 205,376 | -961,509 | 1,426,996 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | -250,082 | -167,926 | -135,400 | -221,681 | -207,399 | -124,370 | -124,696 | -5,827 | -66,099 | -80,785 | |||||
| Change in Investments | -1 | 1 | |||||||||||||
| cash flow from investments | 1 | -250,083 | -167,926 | -135,400 | -221,681 | -207,399 | -124,370 | -124,696 | -5,827 | -66,099 | -80,785 | ||||
| Financing Activities | |||||||||||||||
| Bank loans | -25,000 | 25,000 | |||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -9,535 | 9,535 | |||||||||||||
| Long term loans | -112,099 | 122,081 | 225,000 | ||||||||||||
| Hire Purchase and Lease Commitments | -1,396 | -6,464 | 7,860 | ||||||||||||
| other long term liabilities | -224,015 | 224,015 | |||||||||||||
| share issue | |||||||||||||||
| interest | -21,750 | -407 | -874 | -1,834 | 4,150 | 38,345 | 8,004 | -7,069 | 223 | -258 | -5,333 | -3,540 | 7,871 | ||
| cash flow from financing | 452,265 | -407 | -874 | -1,882 | -4,112 | 62,426 | -173,420 | -7,069 | 223 | -258 | -6,729 | -10,004 | 1,401,119 | ||
| cash and cash equivalents | |||||||||||||||
| cash | -381,764 | -146,023 | -1,934,297 | 1,000,172 | 616,590 | -7,500 | 1,276,932 | -2,745,588 | 1,873,732 | -1,256,112 | -4,173,521 | 5,984,582 | 192,820 | -1,038,592 | 2,255,192 |
| overdraft | -10,496 | 80,000 | 42,595 | -2,176 | 2,176 | ||||||||||
| change in cash | -371,268 | -226,023 | -1,976,892 | 1,000,172 | 616,590 | -5,324 | 1,274,756 | -2,745,588 | 1,873,732 | -1,256,112 | -4,173,521 | 5,984,582 | 192,820 | -1,038,592 | 2,255,192 |
trimline limited Credit Report and Business Information
Trimline Limited Competitor Analysis
Perform a competitor analysis for trimline limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in PO15 area or any other competitors across 12 key performance metrics.
trimline limited Ownership
TRIMLINE LIMITED group structure
Trimline Limited has no subsidiary companies.
Ultimate parent company
TRIMLINE LIMITED
00837766
trimline limited directors
Trimline Limited currently has 2 directors. The longest serving directors include Mr Nicholas Farrell (Mar 2021) and Mr Ross Welham (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Farrell | United Kingdom | 44 years | Mar 2021 | - | Director |
| Mr Ross Welham | United Kingdom | 41 years | Mar 2021 | - | Director |
P&L
September 2023turnover
8.9m
+85%
operating profit
717.2k
0%
gross margin
30.1%
-3.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
6.2m
+0.1%
total assets
9.2m
+0.19%
cash
1.5m
-0.2%
net assets
Total assets minus all liabilities
trimline limited company details
company number
00837766
Type
Private limited with Share Capital
industry
33150 - Repair and maintenance of ships and boats
incorporation date
February 1965
age
60
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
TILE & CO
auditor
-
address
unit 2 fulcrum 6, solent way, whiteley, PO15 7QQ
Bank
-
Legal Advisor
-
trimline 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 7 charges/mortgages relating to trimline limited. Currently there are 1 open charges and 6 have been satisfied in the past.
trimline limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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trimline limited Companies House Filings - See Documents
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