timber development uk limited
timber development uk limited Company Information
Company Number
02515034
Website
ttf.co.ukRegistered Address
the building centre, 26 store street, london, WC1E 7BT
Industry
Activities of business and employers membership organisations
Telephone
02032050032
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
timber development uk limited Estimated Valuation
Pomanda estimates the enterprise value of TIMBER DEVELOPMENT UK LIMITED at £1.4m based on a Turnover of £1.9m and 0.74x industry multiple (adjusted for size and gross margin).
timber development uk limited Estimated Valuation
Pomanda estimates the enterprise value of TIMBER DEVELOPMENT UK LIMITED at £0 based on an EBITDA of £-294.6k and a 3.72x industry multiple (adjusted for size and gross margin).
timber development uk limited Estimated Valuation
Pomanda estimates the enterprise value of TIMBER DEVELOPMENT UK LIMITED at £4.3m based on Net Assets of £1.5m and 2.89x industry multiple (adjusted for liquidity).
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Timber Development Uk Limited Overview
Timber Development Uk Limited is a live company located in london, WC1E 7BT with a Companies House number of 02515034. It operates in the activities of business and employers membership organizations sector, SIC Code 94110. Founded in June 1990, it's largest shareholder is unknown. Timber Development Uk Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with healthy growth in recent years.
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Timber Development Uk Limited Health Check
Pomanda's financial health check has awarded Timber Development Uk Limited a 4.5 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
3 Regular
3 Weak
Size
annual sales of £1.9m, make it larger than the average company (£1.5m)
£1.9m - Timber Development Uk Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.4%)
6% - Timber Development Uk Limited
4.4% - Industry AVG
Production
with a gross margin of 88.1%, this company has a comparable cost of product (74.6%)
88.1% - Timber Development Uk Limited
74.6% - Industry AVG
Profitability
an operating margin of -17.3% make it less profitable than the average company (1.1%)
-17.3% - Timber Development Uk Limited
1.1% - Industry AVG
Employees
with 14 employees, this is similar to the industry average (15)
14 - Timber Development Uk Limited
15 - Industry AVG
Pay Structure
on an average salary of £53.3k, the company has an equivalent pay structure (£53.3k)
- Timber Development Uk Limited
£53.3k - Industry AVG
Efficiency
resulting in sales per employee of £135.4k, this is more efficient (£116.4k)
£135.4k - Timber Development Uk Limited
£116.4k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (39 days)
71 days - Timber Development Uk Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 214 days, this is slower than average (47 days)
214 days - Timber Development Uk Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Timber Development Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is less cash available to meet short term requirements (66 weeks)
36 weeks - Timber Development Uk Limited
66 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.2%, this is a lower level of debt than the average (43.9%)
38.2% - Timber Development Uk Limited
43.9% - Industry AVG
TIMBER DEVELOPMENT UK LIMITED financials
Timber Development Uk Limited's latest turnover from December 2023 is £1.9 million and the company has net assets of £1.5 million. According to their latest financial statements, Timber Development Uk Limited has 14 employees and maintains cash reserves of £639.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 1,895,247 | 1,991,678 | 2,239,350 | 1,601,369 | 1,468,259 | 1,435,972 | 1,562,963 | 1,243,879 | 1,189,412 | 1,121,692 | 1,152,578 | 977,368 | 1,006,945 | 893,844 | 991,146 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 225,647 | 240,158 | 685,308 | 211,320 | 157,523 | 148,209 | 109,476 | 45,878 | 41,517 | 43,482 | 128,587 | 38,227 | 38,368 | 44,073 | 42,154 |
| Gross Profit | 1,669,600 | 1,751,520 | 1,554,042 | 1,390,049 | 1,310,736 | 1,287,763 | 1,453,487 | 1,198,001 | 1,147,895 | 1,078,210 | 1,023,991 | 939,141 | 968,577 | 849,771 | 948,992 |
| Admin Expenses | 1,998,349 | 1,854,577 | 1,637,645 | 1,384,741 | 1,302,361 | 1,115,008 | 1,112,881 | 904,234 | 988,910 | 758,051 | 809,984 | 842,301 | 873,097 | 816,091 | 892,665 |
| Operating Profit | -328,749 | -103,057 | -83,603 | 5,308 | 8,375 | 172,755 | 340,606 | 293,767 | 158,985 | 320,159 | 214,007 | 96,840 | 95,480 | 33,680 | 56,327 |
| Interest Payable | 2,373 | 5 | 0 | 89 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 167 | 134 | 0 | 475 |
| Interest Receivable | 19,741 | 2,233 | 877 | 1,436 | 2,232 | 0 | 48 | 0 | 9 | 2 | 0 | 0 | 0 | 441 | |
| Pre-Tax Profit | -278,001 | -100,829 | 717,155 | 6,655 | 10,607 | 173,217 | 340,606 | 202,901 | 44,713 | 323,041 | 226,641 | 110,740 | 106,537 | 43,861 | 68,164 |
| Tax | 0 | 0 | 13,262 | -3,139 | -2,785 | -33,433 | -66,143 | -59,042 | -34,948 | -62,494 | -39,225 | -22,992 | 46,265 | -1,356 | -933 |
| Profit After Tax | -278,001 | -100,829 | 730,417 | 3,516 | 7,822 | 139,784 | 274,463 | 143,859 | 9,765 | 260,547 | 187,416 | 87,748 | 152,802 | 42,505 | 67,231 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -278,001 | -100,829 | 730,417 | 3,516 | 7,822 | 139,784 | 274,463 | 143,859 | 9,765 | 260,547 | 187,416 | 87,748 | 152,802 | 42,505 | 67,231 |
| Employee Costs | 284,064 | 378,780 | 485,389 | 449,128 | |||||||||||
| Number Of Employees | 14 | 11 | 10 | 10 | 9 | 8 | 8 | 8 | 8 | ||||||
| EBITDA* | -294,616 | -89,770 | -78,046 | 13,426 | 16,313 | 177,120 | 347,631 | 301,659 | 163,801 | 320,159 | 214,007 | 96,840 | 95,480 | 36,233 | 65,091 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 13,791 | 20,812 | 5,316 | 3,414 | 3,927 | 3,240 | 4,977 | 10,175 | 16,878 | 4,832 | 0 | 0 | 0 | 0 | 2,553 |
| Intangible Assets | 181,856 | 130,784 | 0 | 3,001 | 9,001 | 15,000 | 18,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,009,388 | 0 | 0 | 0 | 440 | 0 | 667 | 0 | 36 | 7,149 | 383,731 | 649,019 | 627,999 | 612,744 | 606,160 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,205,035 | 151,596 | 5,316 | 6,415 | 13,368 | 18,240 | 23,644 | 10,175 | 16,914 | 11,981 | 383,731 | 649,019 | 627,999 | 612,744 | 608,713 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 370,155 | 88,459 | 193,155 | 230,869 | 128,974 | 107,063 | 99,806 | 144,934 | 148,591 | 104,956 | 80,573 | 86,875 | 85,987 | 81,641 | 123,810 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,384 | 6,556 | 0 |
| Misc Debtors | 194,303 | 311,861 | 162,290 | 91,119 | 124,794 | 0 | 218,137 | 129,361 | 106,368 | 37,073 | 96,186 | 81,941 | 103,414 | 70,664 | 55,153 |
| Cash | 639,520 | 1,749,890 | 2,354,328 | 1,261,827 | 1,127,079 | 1,170,329 | 887,433 | 683,222 | 544,894 | 718,506 | 112,360 | 66,415 | 29,397 | 12,921 | 17,209 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,203,978 | 2,150,210 | 2,709,773 | 1,583,815 | 1,380,847 | 1,365,129 | 1,205,376 | 957,517 | 799,853 | 860,535 | 289,119 | 235,231 | 246,182 | 171,782 | 196,172 |
| total assets | 2,409,013 | 2,301,806 | 2,715,089 | 1,590,230 | 1,394,215 | 1,383,369 | 1,229,020 | 967,692 | 816,767 | 872,516 | 672,850 | 884,250 | 874,181 | 784,526 | 804,885 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,416 | 19,507 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 132,509 | 249,225 | 455,022 | 46,627 | 79,827 | 7,359 | 10,739 | 55,658 | 51,469 | 68,668 | 75,821 | 44,594 | 36,329 | 32,721 | 7,486 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,435 | 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 | 786,744 | 284,820 | 391,477 | 405,430 | 179,731 | 0 | 231,230 | 199,074 | 196,539 | 203,217 | 156,945 | 181,553 | 165,516 | 120,180 | 136,120 |
| total current liabilities | 919,253 | 534,045 | 846,499 | 452,057 | 259,558 | 256,534 | 241,969 | 254,732 | 248,008 | 271,885 | 232,766 | 231,582 | 209,261 | 172,408 | 143,606 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 372 | 10,030 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 372 | 10,030 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| total liabilities | 919,253 | 534,045 | 846,499 | 452,057 | 259,558 | 256,534 | 241,969 | 255,104 | 258,038 | 281,885 | 242,766 | 241,582 | 219,261 | 182,408 | 153,606 |
| net assets | 1,489,760 | 1,767,761 | 1,868,590 | 1,138,173 | 1,134,657 | 1,126,835 | 987,051 | 712,588 | 558,729 | 590,631 | 430,084 | 642,668 | 654,920 | 602,118 | 651,279 |
| total shareholders funds | 1,489,760 | 1,767,761 | 1,868,590 | 1,138,173 | 1,134,657 | 1,126,835 | 987,051 | 712,588 | 558,729 | 590,631 | 430,084 | 642,668 | 654,920 | 602,118 | 651,279 |
| Dec 2023 | 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 | -328,749 | -103,057 | -83,603 | 5,308 | 8,375 | 172,755 | 340,606 | 293,767 | 158,985 | 320,159 | 214,007 | 96,840 | 95,480 | 33,680 | 56,327 |
| Depreciation | 9,944 | 6,925 | 2,556 | 2,118 | 1,939 | 4,365 | 7,025 | 7,892 | 4,816 | 0 | 0 | 0 | 0 | 2,553 | 8,764 |
| Amortisation | 24,189 | 6,362 | 3,001 | 6,000 | 5,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 13,262 | -3,139 | -2,785 | -33,433 | -66,143 | -59,042 | -34,948 | -62,494 | -39,225 | -22,992 | 46,265 | -1,356 | -933 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 164,138 | 44,875 | 33,457 | 68,220 | 146,705 | -210,880 | 43,648 | 19,336 | 112,930 | -34,730 | 7,943 | -47,969 | 57,924 | -20,102 | 178,963 |
| Creditors | -116,716 | -205,797 | 408,395 | -33,200 | 72,468 | -3,380 | -44,919 | 4,189 | -17,199 | -7,153 | 31,227 | 8,265 | 3,608 | 25,235 | 7,486 |
| Accruals and Deferred Income | 501,924 | -106,657 | -13,953 | 225,699 | 179,731 | -231,230 | 32,156 | 2,535 | -6,678 | 46,272 | -24,608 | 16,037 | 45,336 | -15,940 | 136,120 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -372 | -9,658 | 30 | 0 | 0 | 0 | 0 | 0 | 10,000 |
| Cash flow from operations | -73,546 | -447,099 | 296,201 | 134,566 | 119,022 | 224,705 | 220,347 | -7,924 | 331,514 | 173,458 | 146,119 | 132,765 | 64,274 | 38,801 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 1,009,388 | 0 | 0 | -440 | 440 | -667 | 667 | -36 | -7,113 | -376,582 | -265,288 | 21,020 | 15,255 | 6,584 | 606,160 |
| 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 | -5,435 | 5,435 | 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 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 17,368 | 2,228 | 877 | 1,347 | 2,232 | 0 | 48 | 0 | 9 | 2 | -167 | -134 | 0 | -34 | |
| cash flow from financing | 17,368 | 2,228 | 877 | 1,347 | 2,232 | 0 | 10,048 | -41,667 | -99,991 | -405,433 | -94,732 | -100,134 | -91,666 | 584,014 | |
| cash and cash equivalents | |||||||||||||||
| cash | -1,110,370 | -604,438 | 1,092,501 | 134,748 | -43,250 | 282,896 | 204,211 | 138,328 | -173,612 | 606,146 | 45,945 | 37,018 | 16,476 | -4,288 | 17,209 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,416 | -12,091 | 19,507 | 0 |
| change in cash | -1,110,370 | -604,438 | 1,092,501 | 134,748 | -43,250 | 282,896 | 204,211 | 138,328 | -173,612 | 606,146 | 45,945 | 44,434 | 28,567 | -23,795 | 17,209 |
timber development uk limited Credit Report and Business Information
Timber Development Uk Limited Competitor Analysis
Perform a competitor analysis for timber development uk limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in WC1E area or any other competitors across 12 key performance metrics.
timber development uk limited Ownership
TIMBER DEVELOPMENT UK LIMITED group structure
Timber Development Uk Limited has no subsidiary companies.
Ultimate parent company
TIMBER DEVELOPMENT UK LIMITED
02515034
timber development uk limited directors
Timber Development Uk Limited currently has 14 directors. The longest serving directors include Mr Jonathan Grant (Dec 2015) and Mr Patrick Guest (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Grant | 59 years | Dec 2015 | - | Director | |
| Mr Patrick Guest | England | 56 years | Jun 2016 | - | Director |
| Mr Michael Donaldson | Scotland | 44 years | Jun 2016 | - | Director |
| Mr Kenneth Walsh | England | 64 years | Nov 2019 | - | Director |
| Ms Kelly Harrison | England | 39 years | Mar 2021 | - | Director |
| Mr Anthony Thistleton-Smith | England | 57 years | Mar 2021 | - | Director |
| Mr Charles Law | England | 53 years | Mar 2021 | - | Director |
| Mr Christopher Sutton | United Kingdom | 66 years | Mar 2021 | - | Director |
| Mr Nicholas Latham | England | 56 years | Mar 2021 | - | Director |
| Mr James Davenport | England | 42 years | Jun 2024 | - | Director |
P&L
December 2023turnover
1.9m
-5%
operating profit
-328.7k
+219%
gross margin
88.1%
+0.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.5m
-0.16%
total assets
2.4m
+0.05%
cash
639.5k
-0.63%
net assets
Total assets minus all liabilities
timber development uk limited company details
company number
02515034
Type
Private Ltd By Guarantee w/o Share Cap
industry
94110 - Activities of business and employers membership organisations
incorporation date
June 1990
age
34
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
timber trade federation limited (March 2021)
accountant
-
auditor
WILDER COE LTD
address
the building centre, 26 store street, london, WC1E 7BT
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
timber development uk 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 timber development uk limited. Currently there are 1 open charges and 1 have been satisfied in the past.
timber development uk limited Companies House Filings - See Documents
| date | description | view/download |
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