tullo marshall warren limited
tullo marshall warren limited Company Information
Company Number
01332638
Next Accounts
Dec 2025
Industry
Advertising agencies
Public relations and communication activities
Shareholders
digital unlimited group ltd
Group Structure
View All
Contact
Registered Address
7-11 lexington street, london, W1F 9AF
Website
http://tmwunlimited.comtullo marshall warren limited Estimated Valuation
Pomanda estimates the enterprise value of TULLO MARSHALL WARREN LIMITED at £54.7m based on a Turnover of £45.9m and 1.19x industry multiple (adjusted for size and gross margin).
tullo marshall warren limited Estimated Valuation
Pomanda estimates the enterprise value of TULLO MARSHALL WARREN LIMITED at £17.1m based on an EBITDA of £2.2m and a 7.68x industry multiple (adjusted for size and gross margin).
tullo marshall warren limited Estimated Valuation
Pomanda estimates the enterprise value of TULLO MARSHALL WARREN LIMITED at £0 based on Net Assets of £-1.2m and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tullo Marshall Warren Limited Overview
Tullo Marshall Warren Limited is a live company located in london, W1F 9AF with a Companies House number of 01332638. It operates in the video production activities sector, SIC Code 59112. Founded in October 1977, it's largest shareholder is digital unlimited group ltd with a 100% stake. Tullo Marshall Warren Limited is a mature, large sized company, Pomanda has estimated its turnover at £45.9m with rapid growth in recent years.
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Tullo Marshall Warren Limited Health Check
Pomanda's financial health check has awarded Tullo Marshall Warren Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £45.9m, make it larger than the average company (£4.3m)
£45.9m - Tullo Marshall Warren Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (11.9%)
47% - Tullo Marshall Warren Limited
11.9% - Industry AVG
Production
with a gross margin of 59.2%, this company has a comparable cost of product (51.6%)
59.2% - Tullo Marshall Warren Limited
51.6% - Industry AVG
Profitability
an operating margin of 4.9% make it less profitable than the average company (6.1%)
4.9% - Tullo Marshall Warren Limited
6.1% - Industry AVG
Employees
with 281 employees, this is above the industry average (23)
281 - Tullo Marshall Warren Limited
23 - Industry AVG
Pay Structure
on an average salary of £64.5k, the company has an equivalent pay structure (£54.8k)
£64.5k - Tullo Marshall Warren Limited
£54.8k - Industry AVG
Efficiency
resulting in sales per employee of £163.3k, this is more efficient (£136.1k)
£163.3k - Tullo Marshall Warren Limited
£136.1k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (54 days)
52 days - Tullo Marshall Warren Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is close to average (38 days)
38 days - Tullo Marshall Warren Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (11 days)
4 days - Tullo Marshall Warren Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (20 weeks)
6 weeks - Tullo Marshall Warren Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.5%, this is a higher level of debt than the average (62.6%)
103.5% - Tullo Marshall Warren Limited
62.6% - Industry AVG
TULLO MARSHALL WARREN LIMITED financials
Tullo Marshall Warren Limited's latest turnover from March 2024 is £45.9 million and the company has net assets of -£1.2 million. According to their latest financial statements, Tullo Marshall Warren Limited has 281 employees and maintains cash reserves of £4.3 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 | 45,894,112 | 36,159,033 | 16,789,220 | 14,487,390 | 16,176,953 | 19,629,000 | 16,784,000 | 19,521,000 | 26,964,000 | 21,736,000 | 20,251,000 | 20,014,000 | 20,373,000 | 20,354,000 | 19,142,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 18,708,135 | 11,972,804 | 4,125,920 | 4,769,753 | 4,228,832 | 4,061,000 | 0 | 5,118,000 | |||||||
| Gross Profit | 27,185,977 | 24,186,229 | 12,663,300 | 9,717,637 | 11,948,121 | 15,568,000 | 16,784,000 | 21,846,000 | |||||||
| Admin Expenses | 24,960,775 | 21,845,943 | 14,553,151 | 10,865,345 | 12,936,416 | ||||||||||
| Operating Profit | 2,225,202 | 2,340,286 | -1,889,851 | -1,147,708 | -988,295 | -18,302,000 | |||||||||
| Interest Payable | 0 | 0 | 36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 2,225,202 | 2,340,286 | -1,889,887 | -1,147,708 | -988,295 | -81,000 | 627,000 | 1,219,000 | 2,286,000 | 2,120,000 | 2,053,000 | 2,545,000 | 2,504,000 | 2,016,000 | 1,744,000 |
| Tax | -664,666 | 98,798 | -198,964 | 219,732 | -45,334 | -3,000 | -85,000 | -21,000 | -276,000 | -394,000 | -497,000 | -350,000 | -665,000 | -588,000 | -475,000 |
| Profit After Tax | 1,560,536 | 2,439,084 | -2,088,851 | -927,976 | -1,033,629 | -84,000 | 542,000 | 1,198,000 | 2,010,000 | 1,726,000 | 1,556,000 | 2,195,000 | 1,839,000 | 1,428,000 | 1,269,000 |
| Dividends Paid | 17,012,337 | 0 | 0 | 0 | 0 | 0 | 0 | 2,545,000 | 1,200,000 | 0 | 0 | 1,810,000 | 2,129,000 | 1,550,000 | 499,000 |
| Retained Profit | -15,451,801 | 2,439,084 | -2,088,851 | -927,976 | -1,033,629 | -84,000 | 542,000 | -1,347,000 | 810,000 | 1,726,000 | 1,556,000 | 385,000 | -290,000 | -122,000 | 770,000 |
| Employee Costs | 18,132,752 | 16,095,885 | 9,719,393 | 7,224,099 | 8,759,708 | 11,503,000 | 12,045,000 | 14,060,000 | 15,486,000 | 15,379,000 | 14,487,000 | 13,575,000 | 13,871,000 | 14,566,000 | 13,814,000 |
| Number Of Employees | 281 | 279 | 152 | 109 | 132 | 167 | 192 | 228 | 244 | 236 | 222 | 219 | 226 | 283 | 284 |
| EBITDA* | 2,228,181 | 2,405,700 | -1,834,398 | -1,067,201 | -790,037 | -17,832,000 |
* 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 | 1,588 | 2,802 | 12,751 | 51,531 | 128,972 | 373,000 | 532,000 | 829,000 | 1,030,000 | 1,298,000 | 1,423,000 | 450,000 | 501,000 | 533,000 | 609,000 |
| Intangible Assets | 177,381 | 37,035 | 48,247 | 0 | 0 | 39,000 | 72,000 | 69,000 | 98,000 | 88,000 | 136,000 | 182,000 | 229,000 | 262,000 | 319,000 |
| Investments & Other | 144,043 | 239,639 | 141,226 | 321,225 | 101,493 | 0 | 0 | 0 | 72,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 11,290,283 | 4,638,970 | 2,285,267 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 323,012 | 279,476 | 11,492,507 | 5,011,726 | 2,515,732 | 412,000 | 604,000 | 898,000 | 1,128,000 | 1,386,000 | 1,559,000 | 632,000 | 730,000 | 795,000 | 928,000 |
| Stock & work in progress | 250,152 | 1,443,627 | 659,574 | 267,016 | 191,041 | 426,000 | 286,000 | 178,000 | 149,000 | 55,000 | 61,000 | 92,000 | 169,000 | 268,000 | 450,000 |
| Trade Debtors | 6,571,037 | 4,172,437 | 2,942,404 | 2,109,070 | 2,031,726 | 2,409,000 | 4,578,000 | 5,182,000 | 7,298,000 | 6,857,000 | 6,139,000 | 5,232,000 | 5,579,000 | 6,962,000 | 5,508,000 |
| Group Debtors | 15,855,144 | 27,689,384 | 681,412 | 989,045 | 516,400 | 1,964,000 | 2,513,000 | 58,000 | 157,000 | 102,000 | 311,000 | 13,000 | 34,000 | 29,000 | 0 |
| Misc Debtors | 8,050,564 | 3,328,668 | 3,218,608 | 1,064,342 | 1,418,789 | 1,310,000 | 1,741,000 | 1,724,000 | 1,250,000 | 1,479,000 | 1,033,000 | 1,085,000 | 1,255,000 | 1,161,000 | 1,712,000 |
| Cash | 4,278,686 | 2,480,018 | 639,655 | 768,888 | 841,238 | 2,866,000 | 2,706,000 | 1,863,000 | 1,718,000 | 2,030,000 | 1,348,000 | 442,000 | 2,017,000 | 474,000 | 988,000 |
| misc current assets | 0 | 1,353 | 0 | 0 | 0 | 40,000 | 41,000 | 79,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 35,005,583 | 39,115,487 | 8,141,653 | 5,198,361 | 4,999,194 | 9,015,000 | 11,865,000 | 9,084,000 | 10,572,000 | 10,523,000 | 8,892,000 | 6,864,000 | 9,054,000 | 8,894,000 | 8,658,000 |
| total assets | 35,328,595 | 39,394,963 | 19,634,160 | 10,210,087 | 7,514,926 | 9,427,000 | 12,469,000 | 9,982,000 | 11,700,000 | 11,909,000 | 10,451,000 | 7,496,000 | 9,784,000 | 9,689,000 | 9,586,000 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 1,988,680 | 722,488 | 122,509 | 131,985 | 189,206 | 822,000 | 417,000 | 366,000 | 106,000 | 322,000 | 459,000 | 585,000 | 482,000 | 686,000 | 458,000 |
| Group/Directors Accounts | 12,897,126 | 23,324,092 | 1,768,417 | 1,749,640 | 2,524,154 | 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 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 21,675,873 | 11,849,011 | 9,100,376 | 5,338,045 | 883,175 | 3,653,000 | 6,760,000 | 4,866,000 | 5,496,000 | 6,300,000 | 6,461,000 | 5,162,000 | 7,939,000 | 7,350,000 | 7,353,000 |
| total current liabilities | 36,561,679 | 35,895,591 | 10,991,302 | 7,219,670 | 3,596,535 | 4,475,000 | 7,177,000 | 5,232,000 | 5,602,000 | 6,622,000 | 6,920,000 | 5,747,000 | 8,421,000 | 8,036,000 | 7,811,000 |
| loans | 0 | 0 | 7,738,317 | 0 | 0 | 0 | 0 | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 158,960 | 2,974 | 0 | 0 | 0 | 514,000 | 514,000 | 514,000 | 514,000 | 452,000 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 158,960 | 7,741,291 | 0 | 0 | 0 | 257,000 | 257,000 | 257,000 | 257,000 | 226,000 | 0 | 0 | 0 | 0 |
| total liabilities | 36,561,679 | 36,054,551 | 18,732,593 | 7,219,670 | 3,596,535 | 4,475,000 | 7,434,000 | 5,489,000 | 5,859,000 | 6,879,000 | 7,146,000 | 5,747,000 | 8,421,000 | 8,036,000 | 7,811,000 |
| net assets | -1,233,084 | 3,340,412 | 901,567 | 2,990,417 | 3,918,391 | 4,952,000 | 5,035,000 | 4,493,000 | 5,841,000 | 5,030,000 | 3,305,000 | 1,749,000 | 1,363,000 | 1,653,000 | 1,775,000 |
| total shareholders funds | -1,233,084 | 3,340,412 | 901,567 | 2,990,417 | 3,918,391 | 4,952,000 | 5,035,000 | 4,493,000 | 5,841,000 | 5,030,000 | 3,305,000 | 1,749,000 | 1,363,000 | 1,653,000 | 1,775,000 |
| 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 | 2,225,202 | 2,340,286 | -1,889,851 | -1,147,708 | -988,295 | -18,302,000 | |||||||||
| Depreciation | 2,979 | 65,414 | 55,453 | 80,507 | 198,258 | 255,000 | 374,000 | 413,000 | 408,000 | 397,000 | 317,000 | 274,000 | 224,000 | 259,000 | 256,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 36,000 | 60,000 | 57,000 | 58,000 | 82,000 | 97,000 | 108,000 | 101,000 | 51,000 | 0 |
| Tax | -664,666 | 98,798 | -198,964 | 219,732 | -45,334 | -3,000 | -85,000 | -21,000 | -276,000 | -394,000 | -497,000 | -350,000 | -665,000 | -588,000 | -475,000 |
| Stock | -1,193,475 | 784,053 | 392,558 | 75,975 | -234,959 | 140,000 | 108,000 | 29,000 | 94,000 | -6,000 | -31,000 | -77,000 | -99,000 | -182,000 | 450,000 |
| Debtors | -4,713,744 | 17,057,782 | 9,331,280 | 2,549,245 | 569,182 | -3,149,000 | 1,868,000 | -1,741,000 | 267,000 | 955,000 | 1,153,000 | -538,000 | -1,284,000 | 932,000 | 7,220,000 |
| Creditors | 1,266,192 | 599,979 | -9,476 | -57,221 | -632,794 | 405,000 | 51,000 | 260,000 | -216,000 | -137,000 | -126,000 | 103,000 | -204,000 | 228,000 | 458,000 |
| Accruals and Deferred Income | 9,826,862 | 2,748,635 | 3,762,331 | 4,454,870 | -2,769,825 | -3,107,000 | 1,894,000 | -630,000 | -804,000 | -161,000 | 1,299,000 | -2,777,000 | 589,000 | -3,000 | 7,353,000 |
| Deferred Taxes & Provisions | -158,960 | 155,986 | 2,974 | 0 | 0 | -514,000 | 0 | 0 | 0 | 62,000 | 452,000 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 18,404,828 | -11,832,737 | -8,001,371 | 924,960 | -4,572,213 | -16,511,000 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -95,596 | 98,413 | -179,999 | 219,732 | 101,493 | 0 | 0 | -72,000 | 72,000 | 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 | -10,426,966 | 21,555,675 | 18,777 | -774,514 | 2,524,154 | 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 | 0 |
| Long term loans | 0 | -7,738,317 | 7,738,317 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | -36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 451,339 | 13,817,119 | 7,757,059 | -774,512 | 2,524,174 | 1,000 | 0 | -1,000 | 1,000 | -1,000 | 0 | 1,000 | 0 | 0 | 1,005,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 1,798,668 | 1,840,363 | -129,233 | -72,350 | -2,024,762 | 160,000 | 843,000 | 145,000 | -312,000 | 682,000 | 906,000 | -1,575,000 | 1,543,000 | -514,000 | 988,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,798,668 | 1,840,363 | -129,233 | -72,350 | -2,024,762 | 160,000 | 843,000 | 145,000 | -312,000 | 682,000 | 906,000 | -1,575,000 | 1,543,000 | -514,000 | 988,000 |
tullo marshall warren limited Credit Report and Business Information
Tullo Marshall Warren Limited Competitor Analysis
Perform a competitor analysis for tullo marshall warren limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in W1F area or any other competitors across 12 key performance metrics.
tullo marshall warren limited Ownership
TULLO MARSHALL WARREN LIMITED group structure
Tullo Marshall Warren Limited has no subsidiary companies.
Ultimate parent company
REDWHITEBLUE CAYMAN II
#0112094
2 parents
TULLO MARSHALL WARREN LIMITED
01332638
tullo marshall warren limited directors
Tullo Marshall Warren Limited currently has 3 directors. The longest serving directors include Mr Gareth Newton (Apr 2024) and Mr Malcolm Fernandes (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Newton | 55 years | Apr 2024 | - | Director | |
| Mr Malcolm Fernandes | 51 years | Apr 2024 | - | Director | |
| Mr Derek Simpson | 63 years | Apr 2024 | - | Director |
P&L
March 2024turnover
45.9m
+27%
operating profit
2.2m
-5%
gross margin
59.3%
-11.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-1.2m
-1.37%
total assets
35.3m
-0.1%
cash
4.3m
+0.73%
net assets
Total assets minus all liabilities
tullo marshall warren limited company details
company number
01332638
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
70210 - Public relations and communication activities
59112 - Video production activities
incorporation date
October 1977
age
48
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2024
previous names
b.d.l. limited (January 1990)
butcher developments limited (November 1987)
accountant
-
auditor
-
address
7-11 lexington street, london, W1F 9AF
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
-
tullo marshall warren 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 5 charges/mortgages relating to tullo marshall warren limited. Currently there are 0 open charges and 5 have been satisfied in the past.
tullo marshall warren 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 TULLO MARSHALL WARREN LIMITED. This can take several minutes, an email will notify you when this has completed.
tullo marshall warren limited Companies House Filings - See Documents
| date | description | view/download |
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