tower radio group limited
tower radio group limited Company Information
Company Number
01322461
Next Accounts
Dec 2025
Directors
Shareholders
mr bernard peter litman
mrs stephanie litman-lanceron
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
unit 2, kingsgate court, rayleigh road, leigh-on-sea, SS9 5PS
Website
www.towerdirect.co.uktower radio group limited Estimated Valuation
Pomanda estimates the enterprise value of TOWER RADIO GROUP LIMITED at £126k based on a Turnover of £265k and 0.48x industry multiple (adjusted for size and gross margin).
tower radio group limited Estimated Valuation
Pomanda estimates the enterprise value of TOWER RADIO GROUP LIMITED at £32.7k based on an EBITDA of £8.7k and a 3.76x industry multiple (adjusted for size and gross margin).
tower radio group limited Estimated Valuation
Pomanda estimates the enterprise value of TOWER RADIO GROUP LIMITED at £8.3m based on Net Assets of £5.9m and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tower Radio Group Limited Overview
Tower Radio Group Limited is a live company located in leigh-on-sea, SS9 5PS with a Companies House number of 01322461. It operates in the development of building projects sector, SIC Code 41100. Founded in July 1977, it's largest shareholder is mr bernard peter litman with a 71% stake. Tower Radio Group Limited is a mature, micro sized company, Pomanda has estimated its turnover at £265k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Tower Radio Group Limited Health Check
Pomanda's financial health check has awarded Tower Radio Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £265k, make it smaller than the average company (£2.3m)
- Tower Radio Group Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (6.1%)
- Tower Radio Group Limited
6.1% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Tower Radio Group Limited
26.4% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (7.6%)
- Tower Radio Group Limited
7.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Tower Radio Group Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Tower Radio Group Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £265k, this is equally as efficient (£277.7k)
- Tower Radio Group Limited
£277.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tower Radio Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (31 days)
- Tower Radio Group Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tower Radio Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Tower Radio Group Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.7%, this is a lower level of debt than the average (73.6%)
31.7% - Tower Radio Group Limited
73.6% - Industry AVG
TOWER RADIO GROUP LIMITED financials
Tower Radio Group Limited's latest turnover from March 2024 is estimated at £265 thousand and the company has net assets of £5.9 million. According to their latest financial statements, Tower Radio Group Limited has 1 employee and maintains cash reserves of £994 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,867,687 | 7,436,568 | 9,401,010 | 9,517,909 | |||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 5,088,970 | 5,925,318 | 7,576,963 | 7,611,463 | |||||||||||
| Gross Profit | 1,778,717 | 1,511,250 | 1,824,047 | 1,906,446 | |||||||||||
| Admin Expenses | 2,022,054 | 1,565,463 | 1,648,883 | 1,611,511 | |||||||||||
| Operating Profit | -243,337 | -54,213 | 175,164 | 294,935 | |||||||||||
| Interest Payable | 14,331 | 12,341 | 10,035 | 2,470 | |||||||||||
| Interest Receivable | 20,424 | 542 | |||||||||||||
| Pre-Tax Profit | -254,668 | -61,503 | 210,155 | 293,007 | |||||||||||
| Tax | -6,985 | -2,620 | -38,096 | -53,708 | |||||||||||
| Profit After Tax | -261,653 | -64,123 | 172,059 | 239,299 | |||||||||||
| Dividends Paid | 24,602 | ||||||||||||||
| Retained Profit | -261,653 | -64,123 | 147,457 | 239,299 | |||||||||||
| Employee Costs | 1,332,211 | 800,981 | 768,697 | 835,013 | |||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 43 | 45 | 47 | 49 | ||
| EBITDA* | -170,720 | 4,701 | 216,022 | 329,990 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 187,252 | 2,854 | 3,357 | 782,928 | 804,923 | 823,847 | 1,368,021 | 1,500,395 | 1,264,222 | 1,253,089 | 501,102 | 772,710 | 838,331 | 607,674 | 619,122 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 1,520,004 | 1,520,004 | 1,520,004 | 4 | 46,664 | 46,664 | 46,662 | 46,662 | 46,662 | 46,662 | 46,662 | 2,501,458 | 2,651,458 | 1,056,458 | 1,056,458 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,707,256 | 1,522,858 | 1,523,361 | 782,932 | 851,587 | 870,511 | 1,414,683 | 1,547,057 | 1,310,884 | 1,299,751 | 547,764 | 3,274,168 | 3,489,789 | 1,664,132 | 1,675,580 |
| Stock & work in progress | 272,118 | 257,444 | 3,171,107 | 3,568,000 | 2,148,076 | 1,340,738 | |||||||||
| Trade Debtors | 387 | 44,510 | 7,063 | 2,321,036 | 3,581,503 | 86,057 | 138,884 | 158,104 | 463,511 | ||||||
| Group Debtors | 6,902,154 | 6,555,988 | 6,093,773 | 4,319,318 | 6,494,381 | 5,777,674 | 4,710,292 | 3,134,685 | 1,978,326 | 110,000 | 40,000 | ||||
| Misc Debtors | 3,471 | 2,623 | 1,616 | 1,099,393 | 2,846 | 2,428 | 2,479 | 73,397 | 364,902 | 1,007,267 | 456,450 | 262,281 | 283,281 | ||
| Cash | 994 | 810 | 337 | 286 | 3,704 | 208 | 16,417 | 1,046,743 | 1,417,715 | 1,627,319 | 544,054 | 162,175 | 1,406,506 | 605,198 | |
| misc current assets | |||||||||||||||
| total current assets | 6,906,619 | 6,559,808 | 6,095,726 | 5,418,997 | 6,500,931 | 5,780,310 | 4,729,188 | 4,571,453 | 4,025,450 | 3,948,355 | 3,581,503 | 4,808,485 | 4,435,509 | 4,014,967 | 2,692,728 |
| total assets | 8,613,875 | 8,082,666 | 7,619,087 | 6,201,929 | 7,352,518 | 6,650,821 | 6,143,871 | 6,118,510 | 5,336,334 | 5,248,106 | 4,129,267 | 8,082,653 | 7,925,298 | 5,679,099 | 4,368,308 |
| Bank overdraft | 368,400 | 40,859 | 226 | ||||||||||||
| Bank loan | 26,078 | ||||||||||||||
| Trade Creditors | 29,938 | 29,387 | 6,055 | 9,517 | 9,321 | 10,424 | 10,759 | 161,009 | 116,641 | 2,056,758 | 1,193,579 | 204,812 | 274,552 | 390,752 | 243,064 |
| Group/Directors Accounts | 261,403 | 188,716 | 72,918 | 553,787 | 416,155 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,564,232 | 2,039,637 | 1,603,366 | 1,639,540 | 2,190,162 | 2,159,257 | 1,963,969 | 2,303,279 | 1,951,149 | 4,235,870 | 4,074,663 | 1,690,663 | 674,940 | ||
| total current liabilities | 2,594,170 | 2,069,024 | 1,609,421 | 1,910,460 | 2,414,277 | 2,242,599 | 2,528,515 | 2,880,443 | 2,067,790 | 2,056,758 | 1,193,579 | 4,809,082 | 4,390,074 | 2,081,641 | 918,004 |
| loans | 570,779 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 137,014 | 137,014 | 137,014 | 20,040 | 20,040 | 18,150 | 18,351 | ||||||||
| total long term liabilities | 137,014 | 137,014 | 137,014 | 570,779 | 20,040 | 20,040 | 18,150 | 18,351 | |||||||
| total liabilities | 2,731,184 | 2,206,038 | 1,746,435 | 1,910,460 | 2,985,056 | 2,242,599 | 2,528,515 | 2,880,443 | 2,067,790 | 2,056,758 | 1,193,579 | 4,829,122 | 4,410,114 | 2,099,791 | 936,355 |
| net assets | 5,882,691 | 5,876,628 | 5,872,652 | 4,291,469 | 4,367,462 | 4,408,222 | 3,615,356 | 3,238,067 | 3,268,544 | 3,191,348 | 2,935,688 | 3,253,431 | 3,515,084 | 3,579,207 | 3,431,752 |
| total shareholders funds | 5,882,691 | 5,876,628 | 5,872,652 | 4,291,469 | 4,367,462 | 4,408,222 | 3,615,356 | 3,238,067 | 3,268,544 | 3,191,348 | 2,935,688 | 3,253,431 | 3,515,084 | 3,579,207 | 3,431,752 |
| Mar 2024 | Mar 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -243,337 | -54,213 | 175,164 | 294,935 | |||||||||||
| Depreciation | 653 | 503 | 18,626 | 20,033 | 21,035 | 21,802 | 35,194 | 41,680 | 39,685 | 28,480 | 13,557 | 72,617 | 58,914 | 40,858 | 35,055 |
| Amortisation | |||||||||||||||
| Tax | -6,985 | -2,620 | -38,096 | -53,708 | |||||||||||
| Stock | -272,118 | 14,674 | 257,444 | -3,171,107 | -396,893 | 1,419,924 | 807,338 | 1,340,738 | |||||||
| Debtors | 346,627 | 463,609 | 676,678 | -1,078,516 | 717,125 | 1,067,331 | 1,460,179 | 902,301 | 29,255 | -1,260,467 | 2,488,179 | 387,990 | 244,949 | -286,407 | 746,792 |
| Creditors | 551 | 23,332 | -3,462 | 196 | -1,103 | -335 | -150,250 | 44,368 | -1,940,117 | 863,179 | 988,767 | -69,740 | -116,200 | 147,688 | 243,064 |
| Accruals and Deferred Income | 524,595 | 436,271 | -36,174 | -550,622 | 30,905 | 195,288 | -339,310 | 352,130 | 1,951,149 | -4,235,870 | 161,207 | 2,384,000 | 1,015,723 | 674,940 | |
| Deferred Taxes & Provisions | 137,014 | -20,040 | 1,890 | -201 | 18,351 | ||||||||||
| Cash flow from operations | -77,335 | 606,898 | 820,205 | -874,893 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 144,414 | -1,884,667 | -29,513 | -596,583 | |||||||||||
| Change in Investments | 1,520,000 | -46,660 | 2 | -2,454,796 | -150,000 | 1,595,000 | 1,056,458 | ||||||||
| cash flow from investments | 294,414 | -3,479,667 | -29,513 | -1,653,041 | |||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -26,078 | 26,078 | |||||||||||||
| Group/Directors Accounts | -261,403 | 72,687 | 115,798 | -480,869 | 137,632 | 416,155 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -570,779 | 570,779 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -14,331 | -12,341 | 10,389 | -1,928 | |||||||||||
| cash flow from financing | -14,331 | -12,341 | 10,387 | 3,190,525 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 184 | 473 | 51 | -3,418 | 3,496 | -16,209 | -1,030,326 | -370,972 | -209,604 | 1,627,319 | -544,054 | 381,879 | -1,244,331 | 801,308 | 605,198 |
| overdraft | -368,400 | 327,541 | 40,633 | 226 | |||||||||||
| change in cash | 184 | 473 | 51 | -3,418 | 3,496 | -16,209 | -1,030,326 | -370,972 | -209,604 | 1,627,319 | -175,654 | 54,338 | -1,284,964 | 801,082 | 605,198 |
tower radio group limited Credit Report and Business Information
Tower Radio Group Limited Competitor Analysis
Perform a competitor analysis for tower radio group limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SS9 area or any other competitors across 12 key performance metrics.
tower radio group limited Ownership
TOWER RADIO GROUP LIMITED group structure
Tower Radio Group Limited has 3 subsidiary companies.
Ultimate parent company
TOWER RADIO GROUP LIMITED
01322461
3 subsidiaries
tower radio group limited directors
Tower Radio Group Limited currently has 1 director, Mr Bernard Litman serving since Feb 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bernard Litman | England | 69 years | Feb 1991 | - | Director |
P&L
March 2024turnover
265k
+59%
operating profit
8k
0%
gross margin
26.5%
+1.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
5.9m
0%
total assets
8.6m
+0.07%
cash
994
+0.23%
net assets
Total assets minus all liabilities
tower radio group limited company details
company number
01322461
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 1977
age
48
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
tower radio (basildon) limited (March 2016)
accountant
-
auditor
-
address
unit 2, kingsgate court, rayleigh road, leigh-on-sea, SS9 5PS
Bank
BARCLAYS BANK PLC
Legal Advisor
-
tower radio group 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 2 charges/mortgages relating to tower radio group limited. Currently there are 0 open charges and 2 have been satisfied in the past.
tower radio group 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 TOWER RADIO GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
tower radio group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
