Pomanda estimates the enterprise value of TORRENT TRACKSIDE LIMITED at £30m based on a Turnover of £35.5m and 0.84x industry multiple (adjusted for size and gross margin).
torrent trackside limitedEstimated Valuation
£31.7m
Pomanda estimates the enterprise value of TORRENT TRACKSIDE LIMITED at £31.7m based on an EBITDA of £8m and a 3.95x industry multiple (adjusted for size and gross margin).
torrent trackside limitedEstimated Valuation
£44.8m
Pomanda estimates the enterprise value of TORRENT TRACKSIDE LIMITED at £44.8m based on Net Assets of £22m and 2.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Torrent Trackside LimitedOverview
Torrent Trackside Limited is a live company located in otley road harrogate, HG3 1UD with a Companies House number of 01132882. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in September 1973, it's largest shareholder is
vp plc
with a 100% stake. Torrent Trackside Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£35.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Torrent Trackside Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
4 Regular
2 Weak
Size
annual sales of £35.5m, make it larger than the average company (£10.4m)
£35.5m - Torrent Trackside Limited
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (7%)
8% - Torrent Trackside Limited
7% - Industry AVG
Production
with a gross margin of 24.9%, this company has a higher cost of product (48.4%)
24.9% - Torrent Trackside Limited
48.4% - Industry AVG
Profitability
an operating margin of 12.2% make it as profitable than the average company (11.6%)
12.2% - Torrent Trackside Limited
11.6% - Industry AVG
Employees
with 207 employees, this is above the industry average (64)
207 - Torrent Trackside Limited
64 - Industry AVG
Pay Structure
on an average salary of £43.1k, the company has an equivalent pay structure (£46.4k)
£43.1k - Torrent Trackside Limited
£46.4k - Industry AVG
Efficiency
resulting in sales per employee of £171.7k, this is less efficient (£215.6k)
£171.7k - Torrent Trackside Limited
£215.6k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (50 days)
28 days - Torrent Trackside Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 107 days, this is slower than average (51 days)
107 days - Torrent Trackside Limited
51 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is in line with average (23 days)
23 days - Torrent Trackside Limited
23 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 21 weeks, this is more cash available to meet short term requirements (8 weeks)
21 weeks - Torrent Trackside Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.4%, this is a lower level of debt than the average (63.7%)
40.4% - Torrent Trackside Limited
63.7% - Industry AVG
TORRENT TRACKSIDE LIMITED financials
EXPORT
Torrent Trackside Limited's latest turnover from March 2024 is £35.5 million and the company has net assets of £22 million. According to their latest financial statements, Torrent Trackside Limited has 207 employees and maintains cash reserves of £5.1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
35,546,000
32,450,000
30,819,000
27,894,000
32,840,000
34,361,000
27,703,000
30,724,000
32,518,000
30,273,000
22,979,000
21,444,000
22,104,000
14,988,000
10,655,000
Other Income Or Grants
Cost Of Sales
26,705,000
25,564,000
24,959,000
22,944,000
25,542,000
27,100,000
22,079,000
24,505,000
25,928,000
23,254,000
16,417,000
15,255,000
15,975,000
11,763,000
8,799,000
Gross Profit
8,841,000
6,886,000
5,860,000
4,950,000
7,298,000
7,261,000
5,624,000
6,219,000
6,590,000
7,019,000
6,562,000
6,189,000
6,129,000
3,225,000
1,856,000
Admin Expenses
4,494,000
4,388,000
3,858,000
3,406,000
2,958,000
4,225,000
3,543,000
3,866,094
3,916,905
4,108,221
3,742,000
3,990,785
3,906,000
2,091,000
1,832,000
Operating Profit
4,347,000
2,498,000
2,002,000
1,544,000
4,340,000
3,036,000
2,081,000
2,352,906
2,673,095
2,910,779
2,820,000
2,198,215
2,223,000
1,134,000
24,000
Interest Payable
187,000
203,000
187,000
180,000
90,000
Interest Receivable
224,000
195,000
168,000
196,000
47,000
Pre-Tax Profit
4,384,000
2,490,000
1,983,000
1,560,000
4,250,000
3,083,000
2,081,000
2,238,000
2,624,000
2,932,000
2,820,000
2,235,000
2,223,000
1,134,000
24,000
Tax
-1,104,000
-494,000
-309,000
-287,000
-723,000
-645,000
-375,000
-349,000
-473,000
-624,000
-690,000
-557,000
-600,000
-359,000
-41,000
Profit After Tax
3,280,000
1,996,000
1,674,000
1,273,000
3,527,000
2,438,000
1,706,000
1,889,000
2,151,000
2,308,000
2,130,000
1,678,000
1,623,000
775,000
-17,000
Dividends Paid
2,000,000
2,000,000
2,000,000
3,000,000
Retained Profit
3,280,000
-4,000
1,674,000
-727,000
1,527,000
-562,000
1,706,000
1,889,000
2,151,000
2,308,000
2,130,000
1,678,000
1,623,000
775,000
-17,000
Employee Costs
8,927,000
8,472,000
8,183,000
8,946,000
8,762,000
9,215,000
8,606,000
9,799,000
10,502,000
9,516,000
8,547,000
8,316,000
7,877,000
4,649,000
4,420,000
Number Of Employees
207
199
195
206
218
221
221
235
250
233
182
176
170
129
112
EBITDA*
8,015,000
6,292,000
5,751,000
5,151,000
8,373,000
8,066,000
5,746,000
5,522,906
6,588,095
5,730,779
4,354,000
3,853,215
3,943,000
4,522,000
1,909,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
13,678,000
13,652,000
29,086,000
24,854,000
25,208,000
16,133,000
15,634,000
13,355,000
11,252,000
9,669,000
6,137,000
4,915,000
5,938,000
4,662,000
3,466,000
Intangible Assets
3,060,000
3,313,000
248,000
994,000
1,740,000
2,485,000
3,230,000
51,000
Investments & Other
Debtors (Due After 1 year)
9,765,000
9,755,000
10,326,000
8,793,000
8,071,000
1,366,000
Total Fixed Assets
26,503,000
26,720,000
28,350,000
24,180,000
24,588,000
16,381,000
16,628,000
15,095,000
13,737,000
12,899,000
6,137,000
4,915,000
5,938,000
4,662,000
3,517,000
Stock & work in progress
1,686,000
1,398,000
1,292,000
640,000
542,000
439,000
668,000
657,000
618,000
224,000
183,000
86,000
75,000
59,000
60,000
Trade Debtors
2,790,000
3,099,000
3,739,000
2,374,000
3,831,000
5,141,000
2,727,000
2,561,000
3,048,000
4,207,000
2,665,000
1,878,000
3,835,000
3,453,000
2,467,000
Group Debtors
138,000
210,000
147,000
85,000
70,000
105,000
64,000
2,786,000
2,044,000
11,994,000
9,490,000
6,090,000
4,290,000
4,476,000
Misc Debtors
636,000
610,000
922,000
746,000
737,000
1,032,000
707,000
739,000
518,000
391,000
579,000
391,000
803,000
938,000
228,000
Cash
5,134,000
1,280,000
1,519,000
1,238,000
1,803,000
5,643,000
1,895,000
3,369,000
3,306,000
2,956,000
1,340,000
1,680,000
2,192,000
1,688,000
749,000
misc current assets
257,000
313,000
302,000
314,000
330,000
total current assets
10,384,000
6,597,000
7,636,000
5,092,000
6,983,000
12,360,000
6,061,000
7,326,000
10,276,000
9,822,000
17,018,000
13,838,000
13,297,000
10,742,000
8,310,000
total assets
36,887,000
33,317,000
35,986,000
29,272,000
31,571,000
28,741,000
22,689,000
22,421,000
24,013,000
22,721,000
23,155,000
18,753,000
19,235,000
15,404,000
11,827,000
Bank overdraft
Bank loan
Trade Creditors
7,834,000
7,116,000
9,316,000
3,639,000
6,788,000
7,300,000
2,465,000
2,635,000
3,877,000
2,747,000
3,084,000
1,614,000
2,644,000
2,550,000
1,149,000
Group/Directors Accounts
290,000
other short term finances
hp & lease commitments
922,000
980,000
911,000
699,000
731,000
1,000
6,000
6,000
other current liabilities
3,488,000
3,779,000
3,887,000
5,314,000
3,983,000
5,085,000
3,341,000
4,617,000
3,964,000
5,953,000
4,358,000
3,556,000
4,685,000
2,565,000
1,158,000
total current liabilities
12,534,000
11,875,000
14,114,000
9,652,000
11,502,000
12,385,000
5,806,000
7,252,000
7,841,000
8,700,000
7,442,000
5,170,000
7,330,000
5,121,000
2,313,000
loans
6,254,000
5,114,000
4,666,000
2,000
14,000
hp & lease commitments
2,292,000
2,551,000
3,127,000
2,557,000
2,333,000
Accruals and Deferred Income
other liabilities
330,000
482,000
provisions
58,000
73,000
670,000
868,000
782,000
946,000
538,000
total long term liabilities
2,350,000
2,624,000
3,457,000
3,039,000
2,668,000
434,000
391,000
473,000
269,000
1,000
7,000
total liabilities
14,884,000
14,499,000
17,571,000
12,691,000
14,170,000
12,819,000
6,197,000
7,725,000
8,110,000
8,700,000
7,442,000
5,170,000
7,330,000
5,122,000
2,320,000
net assets
22,003,000
18,818,000
18,415,000
16,581,000
17,401,000
15,922,000
16,492,000
14,696,000
15,903,000
14,021,000
15,713,000
13,583,000
11,905,000
10,282,000
9,507,000
total shareholders funds
22,003,000
18,818,000
18,415,000
16,581,000
17,401,000
15,922,000
16,492,000
14,696,000
15,903,000
14,021,000
15,713,000
13,583,000
11,905,000
10,282,000
9,507,000
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
4,347,000
2,498,000
2,002,000
1,544,000
4,340,000
3,036,000
2,081,000
2,352,906
2,673,095
2,910,779
2,820,000
2,198,215
2,223,000
1,134,000
24,000
Depreciation
3,662,000
3,794,000
3,749,000
3,607,000
3,785,000
4,284,000
3,665,000
3,170,000
3,170,000
2,323,000
1,534,000
1,655,000
1,720,000
1,592,000
1,796,000
Amortisation
6,000
248,000
746,000
745,000
497,000
1,796,000
89,000
Tax
-1,104,000
-494,000
-309,000
-287,000
-723,000
-645,000
-375,000
-349,000
-473,000
-624,000
-690,000
-557,000
-600,000
-359,000
-41,000
Stock
288,000
106,000
652,000
98,000
103,000
-229,000
11,000
39,000
394,000
41,000
97,000
11,000
16,000
-1,000
60,000
Debtors
-345,000
-1,460,000
3,136,000
-711,000
5,065,000
4,146,000
198,000
-3,052,000
-290,000
-8,596,000
3,479,000
1,031,000
2,047,000
1,510,000
7,171,000
Creditors
718,000
-2,200,000
5,677,000
-3,149,000
-512,000
4,835,000
-170,000
-1,242,000
1,130,000
-337,000
1,470,000
-1,030,000
94,000
1,401,000
1,149,000
Accruals and Deferred Income
-291,000
-108,000
-1,427,000
1,331,000
-1,102,000
1,744,000
-1,276,000
653,000
-1,989,000
1,595,000
802,000
-1,129,000
2,120,000
1,407,000
1,158,000
Deferred Taxes & Provisions
-15,000
73,000
-670,000
-198,000
86,000
-164,000
408,000
538,000
Cash flow from operations
7,380,000
4,917,000
5,904,000
2,989,000
670,000
10,169,000
3,552,000
8,005,906
5,690,095
14,919,779
2,360,000
95,215
3,494,000
5,462,000
-3,056,000
Investing Activities
capital expenditure
-3,441,000
8,327,000
-7,981,000
-3,253,000
-12,860,000
-4,783,000
-5,198,000
-4,528,000
-4,753,000
-9,582,000
-2,756,000
-632,000
-2,996,000
-4,533,000
-5,402,000
Change in Investments
cash flow from investments
-3,441,000
8,327,000
-7,981,000
-3,253,000
-12,860,000
-4,783,000
-5,198,000
-4,528,000
-4,753,000
-9,582,000
-2,756,000
-632,000
-2,996,000
-4,533,000
-5,402,000
Financing Activities
Bank loans
Group/Directors Accounts
290,000
Other Short Term Loans
Long term loans
-6,254,000
1,140,000
448,000
4,666,000
-2,000
-12,000
14,000
Hire Purchase and Lease Commitments
-317,000
-507,000
782,000
192,000
3,064,000
-1,000
-5,000
6,000
other long term liabilities
-330,000
-152,000
482,000
share issue
-95,000
407,000
160,000
-93,000
-48,000
-8,000
90,000
-3,096,000
-269,000
-4,000,000
9,524,000
interest
37,000
-8,000
-19,000
16,000
-90,000
47,000
cash flow from financing
-85,000
-6,692,000
1,911,000
1,045,000
7,592,000
39,000
90,000
-3,096,000
-269,000
-4,000,000
-1,000
-7,000
-12,000
9,544,000
cash and cash equivalents
cash
3,854,000
-239,000
281,000
-565,000
-3,840,000
3,748,000
-1,474,000
63,000
350,000
1,616,000
-340,000
-512,000
504,000
939,000
749,000
overdraft
change in cash
3,854,000
-239,000
281,000
-565,000
-3,840,000
3,748,000
-1,474,000
63,000
350,000
1,616,000
-340,000
-512,000
504,000
939,000
749,000
torrent trackside limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for torrent trackside limited. Get real-time insights into torrent trackside limited's credit score, group structure and payment trends.
Perform a competitor analysis for torrent trackside limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in HG3 area or any other competitors across 12 key performance metrics.
torrent trackside limited Ownership
TORRENT TRACKSIDE LIMITED group structure
Torrent Trackside Limited has no subsidiary companies.
The sole shareholder of Torrent Trackside Limited is Vp Plc.
vp plc
100%
torrent trackside limited directors
Torrent Trackside Limited currently has 3 directors.
The longest serving directors include
Mr Jeremy Pilkington (Jun 1997) and
Ms Anna Bielby (Jan 2023).
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
September 1973
age
52
incorporated
UK
ultimate parent company
SAGITTAS INVESTORS LTD
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2024
previous names
torrent (rugeley) limited (March 1998)
accountant
-
auditor
-
address
c/o vp plc, central house beckwith knowle, otley road harrogate, north yorkshire, HG3 1UD
Bank
HSBC BANK PLC
Legal Advisor
-
torrent trackside 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 13 charges/mortgages relating to torrent trackside limited. Currently there are 2 open charges and 11 have been satisfied in the past.
torrent trackside 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.
Click to start generating capital raising & share issue transactions for TORRENT TRACKSIDE LIMITED. This can take several minutes, an email will notify you when this has completed.
torrent trackside limitedCompanies House Filings - See Documents
