trio motion technology limited
trio motion technology limited Company Information
Company Number
02169624
Website
www.triomotion.comRegistered Address
shannon way, ashchurch, tewkesbury, gloucestershire, GL20 8ND
Industry
Manufacture of electronic industrial process control equipment
Telephone
01684292333
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
dynacon industrial limited 100%
trio motion technology limited Estimated Valuation
Pomanda estimates the enterprise value of TRIO MOTION TECHNOLOGY LIMITED at £11.6m based on a Turnover of £9.7m and 1.2x industry multiple (adjusted for size and gross margin).
trio motion technology limited Estimated Valuation
Pomanda estimates the enterprise value of TRIO MOTION TECHNOLOGY LIMITED at £15.2m based on an EBITDA of £2.2m and a 7.02x industry multiple (adjusted for size and gross margin).
trio motion technology limited Estimated Valuation
Pomanda estimates the enterprise value of TRIO MOTION TECHNOLOGY LIMITED at £19.4m based on Net Assets of £7.1m and 2.72x industry multiple (adjusted for liquidity).
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Trio Motion Technology Limited Overview
Trio Motion Technology Limited is a live company located in tewkesbury, GL20 8ND with a Companies House number of 02169624. It operates in the manufacture of electronic industrial process control equipment sector, SIC Code 26512. Founded in September 1987, it's largest shareholder is dynacon industrial limited with a 100% stake. Trio Motion Technology Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.7m with high growth in recent years.
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Trio Motion Technology Limited Health Check
Pomanda's financial health check has awarded Trio Motion Technology Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £9.7m, make it in line with the average company (£9.5m)
£9.7m - Trio Motion Technology Limited
£9.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (1.7%)
- Trio Motion Technology Limited
1.7% - Industry AVG
Production
with a gross margin of 49%, this company has a lower cost of product (37.7%)
49% - Trio Motion Technology Limited
37.7% - Industry AVG
Profitability
an operating margin of 21.8% make it more profitable than the average company (6.5%)
21.8% - Trio Motion Technology Limited
6.5% - Industry AVG
Employees
with 38 employees, this is below the industry average (62)
38 - Trio Motion Technology Limited
62 - Industry AVG
Pay Structure
on an average salary of £62.1k, the company has a higher pay structure (£49.1k)
£62.1k - Trio Motion Technology Limited
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £256.4k, this is more efficient (£159.5k)
£256.4k - Trio Motion Technology Limited
£159.5k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (66 days)
21 days - Trio Motion Technology Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (34 days)
70 days - Trio Motion Technology Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 244 days, this is more than average (96 days)
244 days - Trio Motion Technology Limited
96 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is average cash available to meet short term requirements (21 weeks)
23 weeks - Trio Motion Technology Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.6%, this is a lower level of debt than the average (35.7%)
25.6% - Trio Motion Technology Limited
35.7% - Industry AVG
trio motion technology limited Credit Report and Business Information
Trio Motion Technology Limited Competitor Analysis
Perform a competitor analysis for trio motion technology limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
trio motion technology limited Ownership
TRIO MOTION TECHNOLOGY LIMITED group structure
Trio Motion Technology Limited has no subsidiary companies.
Ultimate parent company
ESTUN AUTOMATION CO LTD
#0112585
DYNACON INDUSTRIAL LTD
#0102605
2 parents
TRIO MOTION TECHNOLOGY LIMITED
02169624
trio motion technology limited directors
Trio Motion Technology Limited currently has 3 directors. The longest serving directors include Mr Roy Bamforth (Aug 1991) and Mr Kan Wu (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roy Bamforth | 65 years | Aug 1991 | - | Director | |
| Mr Kan Wu | China | 40 years | Mar 2017 | - | Director |
| Mr Thomas Alexander | 61 years | May 2020 | - | Director |
TRIO MOTION TECHNOLOGY LIMITED financials
Trio Motion Technology Limited's latest turnover from December 2022 is £9.7 million and the company has net assets of £7.1 million. According to their latest financial statements, Trio Motion Technology Limited has 38 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,743,268 | 7,403,798 | 5,788,874 | |||||||||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 4,972,448 | 3,456,768 | 2,415,078 | |||||||||||
| Gross Profit | 4,770,820 | 3,947,030 | 3,373,796 | |||||||||||
| Admin Expenses | 2,649,683 | 2,790,160 | 3,243,386 | |||||||||||
| Operating Profit | 2,121,137 | 1,156,870 | 130,410 | |||||||||||
| Interest Payable | 0 | 0 | 0 | |||||||||||
| Interest Receivable | 49,353 | 0 | 102 | |||||||||||
| Pre-Tax Profit | 2,170,490 | 1,156,870 | 130,512 | |||||||||||
| Tax | -338,000 | -17,993 | 38,769 | |||||||||||
| Profit After Tax | 1,832,490 | 1,138,877 | 169,281 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | |||||||||||
| Retained Profit | 1,832,490 | 1,138,877 | 169,281 | |||||||||||
| Employee Costs | 2,360,198 | 2,590,063 | 2,999,685 | |||||||||||
| Number Of Employees | 38 | 46 | 47 | 39 | 25 | 24 | 22 | |||||||
| EBITDA* | 2,162,911 | 1,204,666 | 175,925 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,059,830 | 1,089,740 | 1,119,898 | 1,137,251 | 1,121,083 | 510,060 | 535,002 | 516,842 | 524,460 | 543,239 | 544,506 | 567,213 | 561,450 | 568,180 |
| Intangible Assets | 0 | 0 | 1,998 | 3,998 | 5,998 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 991,640 | 991,640 | 181,640 | 182,263 | 176,073 | 176,073 | 176,073 | 176,073 | 136,658 | 67,943 | 67,943 | 67,943 | 67,943 | 84,823 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,051,470 | 2,081,380 | 1,303,536 | 1,323,512 | 1,303,154 | 686,133 | 711,075 | 692,915 | 661,118 | 611,182 | 612,449 | 635,156 | 629,393 | 653,003 |
| Stock & work in progress | 3,330,927 | 2,087,051 | 1,661,309 | 2,087,171 | 1,774,522 | 1,156,381 | 1,046,374 | 869,925 | 1,221,471 | 1,021,569 | 810,179 | 1,107,688 | 917,104 | 612,065 |
| Trade Debtors | 581,757 | 434,910 | 469,310 | 320,178 | 242,778 | 294,166 | 429,289 | 411,532 | 652,210 | 398,208 | 387,030 | 593,845 | 685,132 | 290,653 |
| Group Debtors | 1,990,392 | 361,652 | 297,821 | 251,495 | 207,790 | 914,705 | 213,458 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 575,765 | 571,059 | 266,088 | 186,583 | 429,680 | 314,137 | 114,253 | 105,749 | 0 | 0 | 0 | 6,736 | 0 | 5,099 |
| Cash | 1,053,558 | 1,323,389 | 557,239 | 343,580 | 181,689 | 81,603 | 989,860 | 955,457 | 894,834 | 704,311 | 618,100 | 144,175 | 224,164 | 587,173 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,532,399 | 4,778,061 | 3,251,767 | 3,189,007 | 2,836,459 | 2,760,992 | 2,793,234 | 2,342,663 | 2,768,515 | 2,124,088 | 1,815,309 | 1,852,444 | 1,826,400 | 1,494,990 |
| total assets | 9,583,869 | 6,859,441 | 4,555,303 | 4,512,519 | 4,139,613 | 3,447,125 | 3,504,309 | 3,035,578 | 3,429,633 | 2,735,270 | 2,427,758 | 2,487,600 | 2,455,793 | 2,147,993 |
| 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 | 964,192 | 614,998 | 372,813 | 387,335 | 506,646 | 432,293 | 331,405 | 192,441 | 628,351 | 494,469 | 389,173 | 444,638 | 751,060 | 553,391 |
| Group/Directors Accounts | 424,427 | 183,246 | 186,829 | 11,003 | 16,168 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 992,987 | 680,530 | 394,980 | 795,014 | 535,431 | 405,028 | 294,933 | 130,135 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,381,606 | 1,478,774 | 954,622 | 1,193,352 | 1,058,245 | 837,321 | 626,338 | 322,576 | 628,351 | 494,469 | 389,173 | 444,638 | 751,060 | 553,391 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 121,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 69,413 | 80,307 | 93,307 | 102,574 | 99,943 | 50,734 | 79,003 | 88,286 | 87,594 | 89,798 | 76,104 | 95,000 | 84,963 | 84,222 |
| total long term liabilities | 69,413 | 80,307 | 214,807 | 102,574 | 99,943 | 50,734 | 79,003 | 88,286 | 87,594 | 89,798 | 76,104 | 95,000 | 84,963 | 84,222 |
| total liabilities | 2,451,019 | 1,559,081 | 1,169,429 | 1,295,926 | 1,158,188 | 888,055 | 705,341 | 410,862 | 715,945 | 584,267 | 465,277 | 539,638 | 836,023 | 637,613 |
| net assets | 7,132,850 | 5,300,360 | 3,385,874 | 3,216,593 | 2,981,425 | 2,559,070 | 2,798,968 | 2,624,716 | 2,713,688 | 2,151,003 | 1,962,481 | 1,947,962 | 1,619,770 | 1,510,380 |
| total shareholders funds | 7,132,850 | 5,300,360 | 3,385,874 | 3,216,593 | 2,981,425 | 2,559,070 | 2,798,968 | 2,624,716 | 2,713,688 | 2,151,003 | 1,962,481 | 1,947,962 | 1,619,770 | 1,510,380 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,121,137 | 1,156,870 | 130,410 | |||||||||||
| Depreciation | 41,774 | 45,798 | 43,515 | 48,853 | 32,413 | 38,138 | 31,877 | 38,253 | 33,923 | 38,763 | 32,292 | 30,558 | 33,589 | 38,145 |
| Amortisation | 0 | 1,998 | 2,000 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -338,000 | -17,993 | 38,769 | |||||||||||
| Stock | 1,243,876 | 425,742 | -425,862 | 312,649 | 618,141 | 110,007 | 176,449 | -351,546 | 199,902 | 211,390 | -297,509 | 190,584 | 305,039 | 612,065 |
| Debtors | 1,780,293 | 334,402 | 274,963 | -121,992 | -642,760 | 766,008 | 239,719 | -134,929 | 254,002 | 11,178 | -213,551 | -84,551 | 389,380 | 295,752 |
| Creditors | 349,194 | 242,185 | -14,522 | -119,311 | 74,353 | 100,888 | 138,964 | -435,910 | 133,882 | 105,296 | -55,465 | -306,422 | 197,669 | 553,391 |
| Accruals and Deferred Income | 312,457 | 285,550 | -400,034 | 259,583 | 130,403 | 110,095 | 164,798 | 130,135 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -10,894 | -13,000 | -9,267 | 2,631 | 49,209 | -28,269 | -9,283 | 692 | -2,204 | 13,694 | -18,896 | 10,037 | 741 | 84,222 |
| Cash flow from operations | -548,501 | 941,264 | -58,230 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | ||||||||||||
| Change in Investments | 0 | 810,000 | -623 | 6,190 | 0 | 0 | 0 | 39,415 | 68,715 | 0 | 0 | 0 | -16,880 | 84,823 |
| cash flow from investments | 0 | -810,000 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 241,181 | -3,583 | 175,826 | -5,165 | 16,168 | 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 | 0 | 0 | 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 |
| other long term liabilities | 0 | -121,500 | 121,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 49,353 | 0 | 102 | |||||||||||
| cash flow from financing | 290,534 | 650,526 | 297,428 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -269,831 | 766,150 | 213,659 | 161,891 | 100,086 | -908,257 | 34,403 | 60,623 | 190,523 | 86,211 | 473,925 | -79,989 | -363,009 | 587,173 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -269,831 | 766,150 | 213,659 | 161,891 | 100,086 | -908,257 | 34,403 | 60,623 | 190,523 | 86,211 | 473,925 | -79,989 | -363,009 | 587,173 |
P&L
December 2022turnover
9.7m
+32%
operating profit
2.1m
+83%
gross margin
49%
-8.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
7.1m
+0.35%
total assets
9.6m
+0.4%
cash
1.1m
-0.2%
net assets
Total assets minus all liabilities
trio motion technology limited company details
company number
02169624
Type
Private limited with Share Capital
industry
26512 - Manufacture of electronic industrial process control equipment
incorporation date
September 1987
age
37
accounts
Full Accounts
ultimate parent company
previous names
trenthirst limited (November 1987)
incorporated
UK
address
shannon way, ashchurch, tewkesbury, gloucestershire, GL20 8ND
last accounts submitted
December 2022
trio motion technology 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 3 charges/mortgages relating to trio motion technology limited. Currently there are 1 open charges and 2 have been satisfied in the past.
trio motion technology limited Companies House Filings - See Documents
| date | description | view/download |
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