turnack limited
turnack limited Company Information
Company Number
01304073
Next Accounts
Dec 2025
Shareholders
elliot paul hann
clive richard dicey
Group Structure
View All
Industry
Construction of commercial buildings
Registered Address
nursery cottage beckley, hinton, christchurch, dorset, BH23 7ED
Website
-turnack limited Estimated Valuation
Pomanda estimates the enterprise value of TURNACK LIMITED at £162.5k based on a Turnover of £507.9k and 0.32x industry multiple (adjusted for size and gross margin).
turnack limited Estimated Valuation
Pomanda estimates the enterprise value of TURNACK LIMITED at £331.8k based on an EBITDA of £105.9k and a 3.13x industry multiple (adjusted for size and gross margin).
turnack limited Estimated Valuation
Pomanda estimates the enterprise value of TURNACK LIMITED at £14.4m based on Net Assets of £9.3m and 1.55x industry multiple (adjusted for liquidity).
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Turnack Limited Overview
Turnack Limited is a live company located in christchurch, BH23 7ED with a Companies House number of 01304073. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in March 1977, it's largest shareholder is elliot paul hann with a 88.2% stake. Turnack Limited is a mature, small sized company, Pomanda has estimated its turnover at £507.9k with healthy growth in recent years.
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Turnack Limited Health Check
Pomanda's financial health check has awarded Turnack Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £507.9k, make it smaller than the average company (£11.3m)
- Turnack Limited
£11.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (9.1%)
- Turnack Limited
9.1% - Industry AVG
Production
with a gross margin of 16%, this company has a comparable cost of product (16%)
- Turnack Limited
16% - Industry AVG
Profitability
an operating margin of 20.2% make it more profitable than the average company (4.5%)
- Turnack Limited
4.5% - Industry AVG
Employees
with 5 employees, this is below the industry average (32)
5 - Turnack Limited
32 - Industry AVG
Pay Structure
on an average salary of £54.8k, the company has an equivalent pay structure (£54.8k)
- Turnack Limited
£54.8k - Industry AVG
Efficiency
resulting in sales per employee of £101.6k, this is less efficient (£338.7k)
- Turnack Limited
£338.7k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (46 days)
- Turnack Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (39 days)
- Turnack Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Turnack Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 603 weeks, this is more cash available to meet short term requirements (22 weeks)
603 weeks - Turnack Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.4%, this is a lower level of debt than the average (68.1%)
4.4% - Turnack Limited
68.1% - Industry AVG
TURNACK LIMITED financials
Turnack Limited's latest turnover from March 2024 is estimated at £507.9 thousand and the company has net assets of £9.3 million. According to their latest financial statements, Turnack Limited has 5 employees and maintains cash reserves of £4.2 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 | 6,650,032 | 1,081,563 | |||||||||||||
| Other Income Or Grants | 0 | 0 | |||||||||||||
| Cost Of Sales | 3,451,494 | 167,222 | |||||||||||||
| Gross Profit | 3,198,538 | 914,341 | |||||||||||||
| Admin Expenses | 368,924 | 378,946 | |||||||||||||
| Operating Profit | 2,829,614 | 535,395 | |||||||||||||
| Interest Payable | 2,931 | 3,008 | |||||||||||||
| Interest Receivable | 1,310 | 971 | |||||||||||||
| Pre-Tax Profit | 2,827,993 | 533,358 | |||||||||||||
| Tax | -565,891 | -108,356 | |||||||||||||
| Profit After Tax | 2,262,102 | 425,002 | |||||||||||||
| Dividends Paid | 0 | 350,000 | |||||||||||||
| Retained Profit | 2,262,102 | 75,002 | |||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 5 | 5 | 6 | 5 | 5 | 5 | 5 | 5 | 5 | ||||||
| EBITDA* | 2,839,019 | 546,949 |
* 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 | 4,661,626 | 4,661,469 | 191,681 | 191,881 | 189,573 | 191,826 | 193,564 | 195,684 | 132,796 | 140,717 | 154,670 | 166,705 | 150,262 | 157,400 | 168,185 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 528,537 | 472,181 | 4,958,004 | 5,615,730 | 6,239,700 | 8,004,415 | 8,867,172 | 7,304,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,190,163 | 5,133,650 | 5,149,685 | 5,807,611 | 6,429,273 | 8,196,241 | 9,060,736 | 7,500,084 | 132,796 | 140,717 | 154,670 | 166,705 | 150,262 | 157,400 | 168,185 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,743,305 | 4,903,295 | 4,714,031 | 4,896,723 | 4,825,730 | 4,809,934 | 4,499,866 |
| Trade Debtors | 12,590 | 7,150 | 5,075 | 9,155 | 59,518 | 30,324 | 67,456 | 13,028 | 34,835 | 165,493 | 313,774 | 60,656 | 150,854 | 104,908 | 185,355 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 380,613 | 381,835 | 381,017 | 297,503 | 21,568 | 23,859 | 508,300 | 32,300 | 221,944 | 0 | 0 | 300,000 | 0 | 0 | 0 |
| Cash | 4,163,046 | 3,920,500 | 3,676,824 | 3,072,413 | 3,244,480 | 1,426,875 | 253,069 | 916,979 | 483,665 | 261,950 | 341,573 | 71 | 140,469 | 39,970 | 27,825 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,556,249 | 4,309,485 | 4,062,916 | 3,379,071 | 3,325,566 | 1,481,058 | 828,825 | 962,307 | 5,483,749 | 5,330,738 | 5,369,378 | 5,257,450 | 5,117,053 | 4,954,812 | 4,713,046 |
| total assets | 9,746,412 | 9,443,135 | 9,212,601 | 9,186,682 | 9,754,839 | 9,677,299 | 9,889,561 | 8,462,391 | 5,616,545 | 5,471,455 | 5,524,048 | 5,424,155 | 5,267,315 | 5,112,212 | 4,881,231 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 24 | 291 | 0 | 32,263 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,704 | 7,118 | 6,950 | 11,066 | 73,889 | 17,760 | 31,641 | 37,413 | 40,537 | 574,226 | 764,837 | 659,730 | 600,105 | 901,147 | 784,951 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 820,000 | 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 | 0 |
| other current liabilities | 343,815 | 284,284 | 299,467 | 386,265 | 386,589 | 480,913 | 420,110 | 416,231 | 570,822 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 358,519 | 291,402 | 306,417 | 397,331 | 460,478 | 498,697 | 1,272,042 | 453,644 | 643,622 | 574,226 | 764,837 | 659,730 | 600,105 | 901,147 | 784,951 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 | 100,000 | 468,555 | 570,957 | 287,884 | 402,359 |
| provisions | 74,233 | 74,058 | 28,306 | 112,437 | 230,323 | 193,977 | 55,475 | 18,955 | 1,054 | 362 | 1,800 | 1,843 | 1,739 | 1,721 | 2,444 |
| total long term liabilities | 74,233 | 74,058 | 28,306 | 112,437 | 230,323 | 193,977 | 55,475 | 118,955 | 101,054 | 100,362 | 101,800 | 470,398 | 572,696 | 289,605 | 404,803 |
| total liabilities | 432,752 | 365,460 | 334,723 | 509,768 | 690,801 | 692,674 | 1,327,517 | 572,599 | 744,676 | 674,588 | 866,637 | 1,130,128 | 1,172,801 | 1,190,752 | 1,189,754 |
| net assets | 9,313,660 | 9,077,675 | 8,877,878 | 8,676,914 | 9,064,038 | 8,984,625 | 8,562,044 | 7,889,792 | 4,871,869 | 4,796,867 | 4,657,411 | 4,294,027 | 4,094,514 | 3,921,460 | 3,691,477 |
| total shareholders funds | 9,313,660 | 9,077,675 | 8,877,878 | 8,676,914 | 9,064,038 | 8,984,625 | 8,562,044 | 7,889,792 | 4,871,869 | 4,796,867 | 4,657,411 | 4,294,027 | 4,094,514 | 3,921,460 | 3,691,477 |
| 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 | 2,829,614 | 535,395 | |||||||||||||
| Depreciation | 3,421 | 3,272 | 2,742 | 2,580 | 2,253 | 3,188 | 3,628 | 9,405 | 11,554 | 14,908 | 16,531 | 10,790 | 10,895 | 10,786 | 9,754 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -565,891 | -108,356 | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,743,305 | -159,990 | 189,264 | -182,692 | 70,993 | 15,796 | 310,068 | 4,499,866 |
| Debtors | 4,218 | 2,893 | 79,434 | 225,572 | 26,903 | -521,573 | 530,428 | -211,451 | 91,286 | -148,281 | -46,882 | 209,802 | 45,946 | -80,447 | 185,355 |
| Creditors | 7,586 | 168 | -4,116 | -62,823 | 56,129 | -13,881 | -5,772 | -3,124 | -533,689 | -190,611 | 105,107 | 59,625 | -301,042 | 116,196 | 784,951 |
| Accruals and Deferred Income | 59,531 | -15,183 | -86,798 | -324 | -94,324 | 60,803 | 3,879 | -154,591 | 570,822 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 175 | 45,752 | -84,131 | -117,886 | 36,346 | 138,502 | 36,520 | 17,901 | 692 | -1,438 | -43 | 104 | 18 | -723 | 2,444 |
| Cash flow from operations | 7,088,070 | 545,122 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 56,356 | -4,485,823 | -657,726 | -623,970 | -1,764,715 | -862,757 | 1,562,772 | 7,304,400 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -820,000 | 820,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -100,000 | 0 | 100,000 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100,000 | 0 | -368,555 | -102,402 | 283,073 | -114,475 | 402,359 |
| share issue | |||||||||||||||
| interest | -1,621 | -2,037 | |||||||||||||
| cash flow from financing | 754,200 | -2,037 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 242,546 | 243,676 | 604,411 | -172,067 | 1,817,605 | 1,173,806 | -663,910 | 433,314 | 221,715 | -79,623 | 341,502 | -140,398 | 100,499 | 12,145 | 27,825 |
| overdraft | 0 | 0 | 0 | 0 | -24 | -267 | 291 | -32,263 | 32,263 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 242,546 | 243,676 | 604,411 | -172,067 | 1,817,629 | 1,174,073 | -664,201 | 465,577 | 189,452 | -79,623 | 341,502 | -140,398 | 100,499 | 12,145 | 27,825 |
turnack limited Credit Report and Business Information
Turnack Limited Competitor Analysis
Perform a competitor analysis for turnack limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BH23 area or any other competitors across 12 key performance metrics.
turnack limited Ownership
TURNACK LIMITED group structure
Turnack Limited has no subsidiary companies.
Ultimate parent company
TURNACK LIMITED
01304073
turnack limited directors
Turnack Limited currently has 3 directors. The longest serving directors include Mrs Anne Hann (Sep 1991) and Mr Geoffrey Walker (May 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Anne Hann | England | 81 years | Sep 1991 | - | Director |
| Mr Geoffrey Walker | 68 years | May 2006 | - | Director | |
| Mr Elliott Hann | England | 49 years | Jun 2018 | - | Director |
P&L
March 2024turnover
507.9k
+6%
operating profit
102.5k
0%
gross margin
16%
+3.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
9.3m
+0.03%
total assets
9.7m
+0.03%
cash
4.2m
+0.06%
net assets
Total assets minus all liabilities
turnack limited company details
company number
01304073
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
incorporation date
March 1977
age
48
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
nursery cottage beckley, hinton, christchurch, dorset, BH23 7ED
Bank
BARCLAYS BANK PLC
Legal Advisor
-
turnack 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 19 charges/mortgages relating to turnack limited. Currently there are 0 open charges and 19 have been satisfied in the past.
turnack 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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turnack limited Companies House Filings - See Documents
| date | description | view/download |
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