ttp group limited
ttp group limited Company Information
Company Number
02170755
Next Accounts
Dec 2025
Shareholders
ttp employee trustee limited
Group Structure
View All
Industry
Other research and experimental development on natural sciences and engineering
+2Registered Address
ttp campus cambridge road, melbourn, SG8 6HQ
Website
www.ttpmeteor.comttp group limited Estimated Valuation
Pomanda estimates the enterprise value of TTP GROUP LIMITED at £101.4m based on a Turnover of £61.8m and 1.64x industry multiple (adjusted for size and gross margin).
ttp group limited Estimated Valuation
Pomanda estimates the enterprise value of TTP GROUP LIMITED at £0 based on an EBITDA of £-2.5m and a 10.23x industry multiple (adjusted for size and gross margin).
ttp group limited Estimated Valuation
Pomanda estimates the enterprise value of TTP GROUP LIMITED at £131.4m based on Net Assets of £59m and 2.23x industry multiple (adjusted for liquidity).
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Ttp Group Limited Overview
Ttp Group Limited is a live company located in melbourn, SG8 6HQ with a Companies House number of 02170755. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in September 1987, it's largest shareholder is ttp employee trustee limited with a 100% stake. Ttp Group Limited is a mature, large sized company, Pomanda has estimated its turnover at £61.8m with low growth in recent years.
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Ttp Group Limited Health Check
Pomanda's financial health check has awarded Ttp Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £61.8m, make it larger than the average company (£2.8m)
£61.8m - Ttp Group Limited
£2.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8.6%)
2% - Ttp Group Limited
8.6% - Industry AVG
Production
with a gross margin of 48.6%, this company has a comparable cost of product (48.6%)
48.6% - Ttp Group Limited
48.6% - Industry AVG
Profitability
an operating margin of -9.2% make it less profitable than the average company (5.9%)
-9.2% - Ttp Group Limited
5.9% - Industry AVG
Employees
with 445 employees, this is above the industry average (23)
445 - Ttp Group Limited
23 - Industry AVG
Pay Structure
on an average salary of £85k, the company has a higher pay structure (£52.1k)
£85k - Ttp Group Limited
£52.1k - Industry AVG
Efficiency
resulting in sales per employee of £138.8k, this is equally as efficient (£127.5k)
£138.8k - Ttp Group Limited
£127.5k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (51 days)
88 days - Ttp Group Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (33 days)
21 days - Ttp Group Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is less than average (55 days)
12 days - Ttp Group Limited
55 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is average cash available to meet short term requirements (31 weeks)
34 weeks - Ttp Group Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.4%, this is a similar level of debt than the average (50%)
54.4% - Ttp Group Limited
50% - Industry AVG
TTP GROUP LIMITED financials
Ttp Group Limited's latest turnover from March 2024 is £61.8 million and the company has net assets of £59 million. According to their latest financial statements, Ttp Group Limited has 445 employees and maintains cash reserves of £35.9 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 | 61,754,000 | 62,973,000 | 60,376,000 | 58,628,000 | 54,766,000 | 55,450,000 | 71,745,000 | 68,416,000 | 64,781,000 | 55,564,000 | 43,700,000 | 38,950,000 | 39,000,000 | 41,000,000 | 42,770,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -5,666,000 | -1,336,000 | 11,109,000 | 9,405,000 | 12,594,000 | 2,987,000 | 7,165,000 | 10,790,000 | 8,338,000 | 7,615,000 | 1,447,000 | 324,000 | 2,217,000 | 15,557,000 | 6,288,000 |
| Interest Payable | 1,233,000 | 947,000 | 190,000 | 26,000 | 21,000 | 42,000 | 64,000 | 76,000 | 93,000 | 110,000 | 126,000 | 144,000 | |||
| Interest Receivable | 523,000 | 495,000 | 136,000 | 107,000 | 314,000 | 534,000 | 372,000 | 324,000 | 370,000 | 387,000 | 414,000 | 638,000 | 563,000 | 416,000 | 281,000 |
| Pre-Tax Profit | -9,202,000 | 7,532,000 | 10,451,000 | 29,003,000 | 13,133,000 | 17,418,000 | 10,605,000 | 16,144,000 | 9,504,000 | 8,578,000 | 1,753,000 | 757,000 | 2,670,000 | 15,998,000 | 6,454,000 |
| Tax | 937,000 | -299,000 | -1,127,000 | 30,000 | -1,460,000 | -881,000 | -232,000 | -1,844,000 | -785,000 | -187,000 | 467,000 | 1,020,000 | 76,000 | 146,000 | -700,000 |
| Profit After Tax | -8,265,000 | 7,233,000 | 9,324,000 | 29,033,000 | 11,673,000 | 16,537,000 | 10,373,000 | 14,300,000 | 8,719,000 | 8,391,000 | 2,220,000 | 1,777,000 | 2,746,000 | 16,144,000 | 5,754,000 |
| Dividends Paid | 2,201,000 | 28,060,000 | 4,651,000 | 7,404,000 | 3,144,000 | 895,000 | 1,988,000 | 1,290,000 | 1,692,000 | 1,872,000 | 1,790,000 | ||||
| Retained Profit | -8,265,000 | 7,233,000 | 9,324,000 | 29,033,000 | 9,472,000 | -11,523,000 | 5,722,000 | 6,896,000 | 5,575,000 | 7,496,000 | 232,000 | 487,000 | 1,054,000 | 14,272,000 | 3,964,000 |
| Employee Costs | 37,845,000 | 36,465,000 | 32,714,000 | 30,406,000 | 26,843,000 | 31,772,000 | 35,886,000 | 33,881,000 | 31,896,000 | 27,313,000 | 24,175,000 | 23,337,000 | 22,624,000 | 22,138,000 | 21,664,000 |
| Number Of Employees | 445 | 413 | 399 | 348 | 310 | 378 | 437 | 413 | 373 | 340 | 317 | 312 | 315 | 307 | 298 |
| EBITDA* | -2,538,000 | -66,000 | 12,713,000 | 11,971,000 | 14,898,000 | 6,022,000 | 10,261,000 | 12,551,000 | 10,012,000 | 9,240,000 | 3,096,000 | 1,796,000 | 3,760,000 | 16,839,000 | 7,268,000 |
* 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 | 65,571,000 | 66,375,000 | 38,835,000 | 12,157,000 | 36,560,000 | 34,446,000 | 29,553,000 | 26,496,000 | 23,475,000 | 23,783,000 | 23,255,000 | 18,974,000 | 20,452,000 | 21,733,000 | 27,374,000 |
| Intangible Assets | 57,000 | 78,000 | 99,000 | 119,000 | 140,000 | 75,000 | 108,000 | 74,000 | 116,000 | 158,000 | 200,000 | 98,000 | 275,000 | 452,000 | |
| Investments & Other | 961,000 | 1,712,000 | 1,700,000 | 2,304,000 | 2,239,000 | 1,295,000 | 2,650,000 | 1,651,000 | 3,667,000 | 3,653,000 | 3,893,000 | 2,861,000 | 2,972,000 | 2,890,000 | 281,000 |
| Debtors (Due After 1 year) | 82,000 | 119,000 | 199,000 | ||||||||||||
| Total Fixed Assets | 66,589,000 | 68,165,000 | 40,634,000 | 14,580,000 | 38,939,000 | 35,741,000 | 32,278,000 | 28,255,000 | 27,216,000 | 27,552,000 | 27,306,000 | 22,117,000 | 23,641,000 | 25,097,000 | 28,107,000 |
| Stock & work in progress | 1,084,000 | 1,510,000 | 5,081,000 | 3,454,000 | 3,412,000 | 1,909,000 | 8,445,000 | 7,604,000 | 5,822,000 | 5,270,000 | 4,297,000 | 3,448,000 | 2,943,000 | 2,905,000 | 2,476,000 |
| Trade Debtors | 14,896,000 | 14,410,000 | 12,677,000 | 20,591,000 | 14,915,000 | 7,327,000 | 15,154,000 | 13,369,000 | 13,868,000 | 11,992,000 | 8,285,000 | 7,065,000 | 8,261,000 | 6,509,000 | 4,858,000 |
| Group Debtors | 399,000 | 1,098,000 | 740,000 | 720,000 | 676,000 | 206,000 | 415,000 | 53,000 | 143,000 | ||||||
| Misc Debtors | 11,002,000 | 9,316,000 | 8,472,000 | 7,487,000 | 5,417,000 | 9,086,000 | 8,511,000 | 7,032,000 | 3,849,000 | 3,640,000 | 4,289,000 | 3,578,000 | 2,704,000 | 2,849,000 | 1,884,000 |
| Cash | 35,856,000 | 13,887,000 | 54,451,000 | 97,795,000 | 32,992,000 | 16,449,000 | 10,111,000 | 10,967,000 | 11,957,000 | 25,364,000 | 19,495,000 | 24,571,000 | 24,951,000 | 26,360,000 | 19,746,000 |
| misc current assets | 14,769,000 | 24,690,000 | 25,934,000 | 19,916,000 | |||||||||||
| total current assets | 62,838,000 | 39,123,000 | 80,681,000 | 129,327,000 | 56,736,000 | 49,540,000 | 67,310,000 | 66,004,000 | 56,152,000 | 46,986,000 | 37,042,000 | 38,868,000 | 39,274,000 | 38,676,000 | 29,107,000 |
| total assets | 129,427,000 | 107,288,000 | 121,315,000 | 143,907,000 | 95,675,000 | 85,281,000 | 99,588,000 | 94,259,000 | 83,368,000 | 74,538,000 | 64,348,000 | 60,985,000 | 62,915,000 | 63,773,000 | 57,214,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | 1,147,000 | ||||||||||||||
| Trade Creditors | 1,878,000 | 1,004,000 | 1,696,000 | 1,476,000 | 1,742,000 | 795,000 | 1,914,000 | 2,638,000 | 2,879,000 | 1,604,000 | 1,232,000 | 1,068,000 | 905,000 | 1,163,000 | 1,220,000 |
| Group/Directors Accounts | 2,000 | ||||||||||||||
| other short term finances | 19,774,000 | 16,000,000 | 4,000,000 | 858,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | |||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 32,199,000 | 18,530,000 | 24,019,000 | 32,133,000 | 12,282,000 | 11,010,000 | 16,743,000 | 16,312,000 | 12,757,000 | 13,266,000 | 8,633,000 | 8,000,000 | 8,190,000 | 7,453,000 | 8,008,000 |
| total current liabilities | 53,851,000 | 35,534,000 | 29,715,000 | 33,609,000 | 14,024,000 | 11,805,000 | 18,657,000 | 19,808,000 | 16,783,000 | 16,017,000 | 11,012,000 | 10,215,000 | 10,244,000 | 9,763,000 | 10,375,000 |
| loans | 16,575,000 | 16,000,000 | 567,000 | 1,996,000 | 3,139,000 | 4,281,000 | 5,424,000 | 6,279,000 | 7,422,000 | ||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 109,000 | 726,000 | 39,000 | 331,000 | 356,000 | 265,000 | 127,000 | 422,000 | 629,000 | 510,000 | 979,000 | 1,254,000 | |||
| total long term liabilities | 16,575,000 | 16,000,000 | 109,000 | 726,000 | 39,000 | 331,000 | 356,000 | 832,000 | 2,123,000 | 3,561,000 | 4,910,000 | 5,934,000 | 7,258,000 | 8,676,000 | |
| total liabilities | 70,426,000 | 35,534,000 | 45,715,000 | 33,718,000 | 14,750,000 | 11,844,000 | 18,988,000 | 20,164,000 | 17,615,000 | 18,140,000 | 14,573,000 | 15,125,000 | 16,178,000 | 17,021,000 | 19,051,000 |
| net assets | 59,001,000 | 71,754,000 | 75,600,000 | 110,189,000 | 80,925,000 | 73,437,000 | 80,600,000 | 74,095,000 | 65,753,000 | 56,398,000 | 49,775,000 | 45,860,000 | 46,737,000 | 46,752,000 | 38,163,000 |
| total shareholders funds | 59,001,000 | 71,754,000 | 75,600,000 | 110,189,000 | 80,925,000 | 73,437,000 | 80,600,000 | 74,095,000 | 65,753,000 | 56,398,000 | 49,775,000 | 45,860,000 | 46,737,000 | 46,752,000 | 38,163,000 |
| 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 | -5,666,000 | -1,336,000 | 11,109,000 | 9,405,000 | 12,594,000 | 2,987,000 | 7,165,000 | 10,790,000 | 8,338,000 | 7,615,000 | 1,447,000 | 324,000 | 2,217,000 | 15,557,000 | 6,288,000 |
| Depreciation | 3,107,000 | 1,249,000 | 1,584,000 | 2,545,000 | 2,287,000 | 3,027,000 | 3,048,000 | 1,719,000 | 1,632,000 | 1,583,000 | 1,607,000 | 1,348,000 | 1,366,000 | 1,105,000 | 803,000 |
| Amortisation | 21,000 | 21,000 | 20,000 | 21,000 | 17,000 | 8,000 | 48,000 | 42,000 | 42,000 | 42,000 | 42,000 | 124,000 | 177,000 | 177,000 | 177,000 |
| Tax | 937,000 | -299,000 | -1,127,000 | 30,000 | -1,460,000 | -881,000 | -232,000 | -1,844,000 | -785,000 | -187,000 | 467,000 | 1,020,000 | 76,000 | 146,000 | -700,000 |
| Stock | -426,000 | -3,571,000 | 1,627,000 | 42,000 | 1,503,000 | -6,536,000 | 841,000 | 1,782,000 | 552,000 | 973,000 | 849,000 | 505,000 | 38,000 | 429,000 | 2,476,000 |
| Debtors | 2,172,000 | 2,577,000 | -6,929,000 | 7,746,000 | 3,919,000 | -7,651,000 | 2,565,000 | 3,042,000 | 2,105,000 | 3,102,000 | 2,319,000 | -568,000 | 1,889,000 | 2,725,000 | 6,885,000 |
| Creditors | 874,000 | -692,000 | 220,000 | -266,000 | 947,000 | -1,119,000 | -724,000 | -241,000 | 1,275,000 | 372,000 | 164,000 | 163,000 | -258,000 | -57,000 | 1,220,000 |
| Accruals and Deferred Income | 13,669,000 | -5,489,000 | -8,114,000 | 19,851,000 | 1,272,000 | -5,733,000 | 431,000 | 3,555,000 | -509,000 | 4,633,000 | 633,000 | -190,000 | 737,000 | -555,000 | 8,008,000 |
| Deferred Taxes & Provisions | -109,000 | -617,000 | 687,000 | -292,000 | -25,000 | 91,000 | 138,000 | -295,000 | -207,000 | 119,000 | -469,000 | -275,000 | 1,254,000 | ||
| Cash flow from operations | 11,196,000 | -5,552,000 | 8,885,000 | 23,181,000 | 10,922,000 | 12,184,000 | 6,305,000 | 9,288,000 | 7,474,000 | 9,688,000 | 985,000 | 2,971,000 | 1,919,000 | 12,944,000 | 7,689,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | 25,519,000 | -163,000 | -5,388,000 | -1,251,000 | -2,739,000 | -687,000 | -1,085,000 | -3,853,000 | -651,000 | ||||||
| Change in Investments | -751,000 | 12,000 | -604,000 | 65,000 | 944,000 | -1,355,000 | 999,000 | -2,016,000 | 14,000 | -240,000 | 1,032,000 | -111,000 | 82,000 | 2,609,000 | 281,000 |
| cash flow from investments | 751,000 | -12,000 | 604,000 | -65,000 | -944,000 | 26,874,000 | -1,162,000 | -3,372,000 | -1,265,000 | 240,000 | -3,771,000 | -576,000 | -1,167,000 | -6,462,000 | -932,000 |
| Financing Activities | |||||||||||||||
| Bank loans | -1,147,000 | 1,147,000 | |||||||||||||
| Group/Directors Accounts | -2,000 | 2,000 | |||||||||||||
| Other Short Term Loans | 3,774,000 | 12,000,000 | 4,000,000 | -858,000 | -289,000 | 1,147,000 | -1,147,000 | 1,147,000 | |||||||
| Long term loans | 16,575,000 | -16,000,000 | 16,000,000 | -567,000 | -1,429,000 | -1,143,000 | -1,142,000 | -1,143,000 | -855,000 | -1,143,000 | 7,422,000 | ||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -710,000 | -452,000 | -54,000 | 107,000 | 314,000 | 534,000 | 346,000 | 303,000 | 328,000 | 323,000 | 338,000 | 545,000 | 453,000 | 290,000 | 137,000 |
| cash flow from financing | 15,151,000 | -15,531,000 | -23,967,000 | 338,000 | -1,670,000 | 4,894,000 | 271,000 | 893,000 | 2,679,000 | -1,693,000 | 2,879,000 | -1,964,000 | -1,469,000 | -6,536,000 | 42,905,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 21,969,000 | -40,564,000 | -43,344,000 | 64,803,000 | 16,543,000 | 6,338,000 | -856,000 | -990,000 | -13,407,000 | 5,869,000 | -5,076,000 | -380,000 | -1,409,000 | 6,614,000 | 19,746,000 |
| overdraft | |||||||||||||||
| change in cash | 21,969,000 | -40,564,000 | -43,344,000 | 64,803,000 | 16,543,000 | 6,338,000 | -856,000 | -990,000 | -13,407,000 | 5,869,000 | -5,076,000 | -380,000 | -1,409,000 | 6,614,000 | 19,746,000 |
ttp group limited Credit Report and Business Information
Ttp Group Limited Competitor Analysis
Perform a competitor analysis for ttp group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in SG8 area or any other competitors across 12 key performance metrics.
ttp group limited Ownership
TTP GROUP LIMITED group structure
Ttp Group Limited has 18 subsidiary companies.
Ultimate parent company
TTP GROUP LIMITED
02170755
18 subsidiaries
ttp group limited directors
Ttp Group Limited currently has 5 directors. The longest serving directors include Dr James Fox (Jun 1991) and Mr Peter Taylor (Dec 2000).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr James Fox | Australia | 73 years | Jun 1991 | - | Director |
| Mr Peter Taylor | United Kingdom | 71 years | Dec 2000 | - | Director |
| Dr Samuel Hyde | United Kingdom | 52 years | May 2015 | - | Director |
| Dr Jaspal Sanghera | 70 years | Jul 2017 | - | Director | |
| Mr Simon Day | England | 40 years | Dec 2023 | - | Director |
P&L
March 2024turnover
61.8m
-2%
operating profit
-5.7m
+324%
gross margin
48.6%
+0.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
59m
-0.18%
total assets
129.4m
+0.21%
cash
35.9m
+1.58%
net assets
Total assets minus all liabilities
Similar Companies
ttp group limited company details
company number
02170755
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
72190 - Other research and experimental development on natural sciences and engineering
82990 - Other business support service activities n.e.c.
incorporation date
September 1987
age
38
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
the technology partnership public limited company (April 1997)
prestrack limited (October 1987)
accountant
-
auditor
ERNST & YOUNG LLP
address
ttp campus cambridge road, melbourn, SG8 6HQ
Bank
LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC
Legal Advisor
BIRKETTS LLP
ttp 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 14 charges/mortgages relating to ttp group limited. Currently there are 1 open charges and 13 have been satisfied in the past.
ttp 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 TTP GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
ttp group limited Companies House Filings - See Documents
| date | description | view/download |
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