torrent trackside limited
torrent trackside limited Company Information
Company Number
01132882
Registered Address
c/o vp plc, central house beckwith knowle, otley road harrogate, north yorkshire, HG3 1UD
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Telephone
08457697168
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
vp plc 100%
torrent trackside limited Estimated Valuation
Pomanda estimates the enterprise value of TORRENT TRACKSIDE LIMITED at £31.1m based on a Turnover of £32.5m and 0.96x industry multiple (adjusted for size and gross margin).
torrent trackside limited Estimated Valuation
Pomanda estimates the enterprise value of TORRENT TRACKSIDE LIMITED at £24.3m based on an EBITDA of £6.3m and a 3.86x industry multiple (adjusted for size and gross margin).
torrent trackside limited Estimated Valuation
Pomanda estimates the enterprise value of TORRENT TRACKSIDE LIMITED at £37.4m based on Net Assets of £18.8m and 1.99x industry multiple (adjusted for liquidity).
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Torrent Trackside Limited Overview
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 £32.5m with declining growth in recent years.
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Torrent Trackside Limited Health Check
Pomanda's financial health check has awarded Torrent Trackside Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £32.5m, make it larger than the average company (£10.9m)
£32.5m - Torrent Trackside Limited
£10.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5.7%)
- Torrent Trackside Limited
5.7% - Industry AVG
Production
with a gross margin of 21.2%, this company has a higher cost of product (45.8%)
21.2% - Torrent Trackside Limited
45.8% - Industry AVG
Profitability
an operating margin of 7.7% make it less profitable than the average company (12.1%)
7.7% - Torrent Trackside Limited
12.1% - Industry AVG
Employees
with 199 employees, this is above the industry average (53)
199 - Torrent Trackside Limited
53 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has an equivalent pay structure (£43.3k)
£42.6k - Torrent Trackside Limited
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £163.1k, this is equally as efficient (£186.4k)
£163.1k - Torrent Trackside Limited
£186.4k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (58 days)
34 days - Torrent Trackside Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 101 days, this is slower than average (51 days)
101 days - Torrent Trackside Limited
51 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is in line with average (22 days)
19 days - Torrent Trackside Limited
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (8 weeks)
5 weeks - Torrent Trackside Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.5%, this is a lower level of debt than the average (58.5%)
43.5% - Torrent Trackside Limited
58.5% - Industry AVG
torrent trackside limited Credit Report and Business Information
Torrent Trackside Limited Competitor Analysis
Perform a competitor analysis for torrent trackside limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
torrent trackside limited Ownership
TORRENT TRACKSIDE LIMITED group structure
Torrent Trackside Limited has no subsidiary companies.
Ultimate parent company
SAGITTAS INVESTORS LTD
#0086892
2 parents
TORRENT TRACKSIDE LIMITED
01132882
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).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeremy Pilkington | 73 years | Jun 1997 | - | Director | |
| Ms Anna Bielby | 45 years | Jan 2023 | - | Director | |
| Mr Keith Winstanley | 41 years | Jan 2024 | - | Director |
TORRENT TRACKSIDE LIMITED financials
Torrent Trackside Limited's latest turnover from March 2023 is £32.5 million and the company has net assets of £18.8 million. According to their latest financial statements, Torrent Trackside Limited has 199 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 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 | 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 | 4,388,000 | 3,858,000 | 3,406,000 | 2,958,000 | 4,225,000 | 3,543,000 | 3,742,000 | 3,906,000 | 2,091,000 | 1,832,000 | ||||
| Operating Profit | 2,498,000 | 2,002,000 | 1,544,000 | 4,340,000 | 3,036,000 | 2,081,000 | 2,820,000 | 2,223,000 | 1,134,000 | 24,000 | ||||
| Interest Payable | 203,000 | 187,000 | 180,000 | 90,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 195,000 | 168,000 | 196,000 | 0 | 47,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 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 | -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 | 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 | 0 | 2,000,000 | 2,000,000 | 3,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -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 | 8,472,000 | 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 | 199 | 195 | 206 | 218 | 221 | 221 | 235 | 250 | 233 | 182 | 176 | 170 | 129 | 112 |
| EBITDA* | 6,292,000 | 5,751,000 | 5,151,000 | 8,373,000 | 8,066,000 | 5,746,000 | 4,354,000 | 3,943,000 | 4,522,000 | 1,909,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 16,965,000 | 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 | 0 | 0 | 0 | 0 | 248,000 | 994,000 | 1,740,000 | 2,485,000 | 3,230,000 | 0 | 0 | 0 | 0 | 51,000 |
| Investments & Other | 720,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 9,035,000 | 10,326,000 | 8,793,000 | 8,071,000 | 1,366,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 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 | 1,398,000 | 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 | 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 | 210,000 | 147,000 | 85,000 | 70,000 | 105,000 | 64,000 | 0 | 2,786,000 | 2,044,000 | 11,994,000 | 9,490,000 | 6,090,000 | 4,290,000 | 4,476,000 |
| Misc Debtors | 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 257,000 | 313,000 | 302,000 | 314,000 | 330,000 |
| total current assets | 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 980,000 | 911,000 | 699,000 | 731,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 6,000 | 6,000 |
| other current liabilities | 3,852,000 | 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 | 11,948,000 | 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 | 0 | 6,254,000 | 5,114,000 | 4,666,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 14,000 |
| hp & lease commitments | 2,551,000 | 3,127,000 | 2,557,000 | 2,333,000 | 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 | 330,000 | 482,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 670,000 | 868,000 | 782,000 | 946,000 | 538,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,551,000 | 3,457,000 | 3,039,000 | 2,668,000 | 434,000 | 391,000 | 473,000 | 269,000 | 0 | 0 | 0 | 0 | 1,000 | 7,000 |
| total liabilities | 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 | 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 | 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 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 | 2,498,000 | 2,002,000 | 1,544,000 | 4,340,000 | 3,036,000 | 2,081,000 | 2,820,000 | 2,223,000 | 1,134,000 | 24,000 | ||||
| Depreciation | 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 | 0 | 0 | 0 | 248,000 | 746,000 | 0 | 0 | 745,000 | 497,000 | 0 | 0 | 0 | 1,796,000 | 89,000 |
| Tax | -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 | 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 | -2,180,000 | 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 | -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 | -35,000 | -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 | 0 | 0 | -670,000 | -198,000 | 86,000 | -164,000 | 408,000 | 538,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 5,637,000 | 5,904,000 | 2,989,000 | 670,000 | 10,169,000 | 3,552,000 | 2,360,000 | 3,494,000 | 5,462,000 | -3,056,000 | ||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 720,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -6,254,000 | 1,140,000 | 448,000 | 4,666,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,000 | -12,000 | 14,000 |
| Hire Purchase and Lease Commitments | -507,000 | 782,000 | 192,000 | 3,064,000 | 0 | 0 | 0 | 0 | 0 | 0 | -1,000 | -5,000 | 0 | 6,000 |
| other long term liabilities | -330,000 | -152,000 | 482,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -8,000 | -19,000 | 16,000 | -90,000 | 47,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -6,692,000 | 1,911,000 | 1,045,000 | 7,592,000 | 39,000 | 90,000 | -3,096,000 | -269,000 | -4,000,000 | 0 | -1,000 | -7,000 | -12,000 | 9,544,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -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 |
P&L
March 2023turnover
32.5m
+5%
operating profit
2.5m
+25%
gross margin
21.3%
+11.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
18.8m
+0.02%
total assets
33.3m
-0.07%
cash
1.3m
-0.16%
net assets
Total assets minus all liabilities
torrent trackside limited company details
company number
01132882
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
September 1973
age
51
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
torrent (rugeley) limited (March 1998)
incorporated
UK
address
c/o vp plc, central house beckwith knowle, otley road harrogate, north yorkshire, HG3 1UD
last accounts submitted
March 2023
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 Companies House Filings - See Documents
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