threshing limited
threshing limited Company Information
Company Number
02541381
Website
www.jcnetworks.co.ukRegistered Address
7th floor, portman house, 2 portman street, london, W1H 6DU
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01392340169
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
lakenorth ltd 100%
threshing limited Estimated Valuation
Pomanda estimates the enterprise value of THRESHING LIMITED at £2.5m based on a Turnover of £886.1k and 2.88x industry multiple (adjusted for size and gross margin).
threshing limited Estimated Valuation
Pomanda estimates the enterprise value of THRESHING LIMITED at £2.9m based on an EBITDA of £478.3k and a 6.08x industry multiple (adjusted for size and gross margin).
threshing limited Estimated Valuation
Pomanda estimates the enterprise value of THRESHING LIMITED at £61.9m based on Net Assets of £62.6m and 0.99x industry multiple (adjusted for liquidity).
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Threshing Limited Overview
Threshing Limited is a live company located in london, W1H 6DU with a Companies House number of 02541381. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 1990, it's largest shareholder is lakenorth ltd with a 100% stake. Threshing Limited is a mature, small sized company, Pomanda has estimated its turnover at £886.1k with healthy growth in recent years.
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Threshing Limited Health Check
Pomanda's financial health check has awarded Threshing Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
2 Weak
Size
annual sales of £886.1k, make it in line with the average company (£862.5k)
£886.1k - Threshing Limited
£862.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (1.3%)
11% - Threshing Limited
1.3% - Industry AVG
Production
with a gross margin of 54.9%, this company has a higher cost of product (70.5%)
54.9% - Threshing Limited
70.5% - Industry AVG
Profitability
an operating margin of 54% make it more profitable than the average company (34.3%)
54% - Threshing Limited
34.3% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
- Threshing Limited
4 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Threshing Limited
£31k - Industry AVG
Efficiency
resulting in sales per employee of £177.2k, this is equally as efficient (£187.4k)
- Threshing Limited
£187.4k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is near the average (34 days)
28 days - Threshing Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is close to average (33 days)
34 days - Threshing Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Threshing Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Threshing Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.6%, this is a lower level of debt than the average (69.9%)
21.6% - Threshing Limited
69.9% - Industry AVG
THRESHING LIMITED financials
Threshing Limited's latest turnover from December 2022 is £886.1 thousand and the company has net assets of £62.6 million. According to their latest financial statements, we estimate that Threshing Limited has 5 employees and maintains cash reserves of £8 thousand 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 | 886,097 | 855,767 | 830,435 | 654,145 | 441,081 | 443,437 | 486,529 | 604,200 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 399,364 | 435,370 | 491,475 | 538,917 | 324,326 | 419,561 | 156,462 | 321,225 | ||||||
| Gross Profit | 486,733 | 420,397 | 338,960 | 115,228 | 116,755 | 23,876 | 330,067 | 282,975 | ||||||
| Admin Expenses | 8,403 | 6,063 | 7,883 | 117,039 | 22,985 | 21,498 | 265,280 | 214,806 | ||||||
| Operating Profit | 478,330 | 414,334 | 331,077 | -1,811 | 93,770 | 2,378 | 64,787 | 68,169 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 255 | 261 | 214 | 121 | 35 | 313 | 18 | 40 | ||||||
| Pre-Tax Profit | 28,585 | 5,604,595 | -608,709 | -3,335,446 | -531,195 | -777,309 | -235,195 | 711,442 | ||||||
| Tax | 112,500 | -1,932,381 | -51,826 | -667,052 | 106,206 | 129,947 | 181,551 | 1,782,085 | ||||||
| Profit After Tax | 141,085 | 3,672,214 | -660,535 | -4,002,498 | -424,989 | -647,362 | -53,644 | 2,493,527 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | 141,085 | 3,672,214 | -660,535 | -4,002,498 | -424,989 | -647,362 | -53,644 | 2,493,527 | ||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 478,330 | 414,334 | 331,077 | -1,811 | 93,770 | 2,378 | 64,787 | 68,169 |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,560,000 | 24,040,000 | 21,247,500 | 17,777,750 | 15,580,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 75,783,807 | 59,685,660 | 54,231,046 | 54,444,483 | 43,686,462 | 43,762,316 | 44,733,275 | 43,998,542 | 53,801,457 | 29,287,666 | 26,813,389 | 22,202,115 | 15,819,614 | 17,302,204 |
| Debtors (Due After 1 year) | 18,607 | 30,698 | 46,070 | 44,100 | 11,100 | 0 | 4,650 | 9,000 | 4,650 | 4,324,548 | 8,085,090 | 7,392,906 | 5,028,005 | 439,615 |
| Total Fixed Assets | 75,802,414 | 59,716,358 | 54,277,116 | 54,488,583 | 43,697,562 | 43,762,316 | 44,737,925 | 44,007,542 | 53,806,107 | 61,172,214 | 58,938,479 | 50,842,521 | 38,625,369 | 33,321,819 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 68,856 | 86,419 | 93,526 | 72,317 | 55,154 | 15,135 | 53,846 | 14,805 | 0 | 246,686 | 171,008 | 300,289 | 267,065 | 727,883 |
| Group Debtors | 3,479,120 | 3,479,120 | 3,479,120 | 3,479,120 | 14,417,115 | 14,218,387 | 14,177,176 | 10,954,575 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 476,268 | 324,927 | 329,064 | 337,129 | 181,025 | 268,937 | 282,447 | 371,474 | 539,841 | 0 | 0 | 0 | 0 | 0 |
| Cash | 8,027 | 7,474 | 13,935 | 69,169 | 144,755 | 45,822 | 40,634 | 12,111 | 41,879 | 49,788 | 114,439 | 134,644 | 477,328 | 32,153 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,032,271 | 3,897,940 | 3,915,645 | 3,957,735 | 14,798,049 | 14,548,281 | 14,554,103 | 11,352,965 | 581,720 | 296,474 | 285,447 | 434,933 | 744,393 | 760,036 |
| total assets | 79,834,685 | 63,614,298 | 58,192,761 | 58,446,318 | 58,495,611 | 58,310,597 | 59,292,028 | 55,360,507 | 54,387,827 | 61,468,688 | 59,223,926 | 51,277,454 | 39,369,762 | 34,081,855 |
| 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 | 38,042 | 5,055 | 8,105 | 101,916 | 16,032 | 81,963 | 19,921 | 27,155 | 19,367 | 153,115 | 132,319 | 1,335,272 | 146,245 | 165,008 |
| Group/Directors Accounts | 13,099,179 | 13,516,999 | 13,992,607 | 14,299,229 | 11,328,247 | 11,147,383 | 11,139,074 | 8,038,333 | 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 | 277,030 | 236,451 | 190,093 | 163,041 | 99,781 | 58,751 | 137,615 | 94,783 | 133,912 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 13,414,251 | 13,758,505 | 14,190,805 | 14,564,186 | 11,444,060 | 11,288,097 | 11,296,610 | 8,160,271 | 153,279 | 153,115 | 132,319 | 1,335,272 | 146,245 | 165,008 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,350,360 | 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 | 18,607 | 30,698 | 46,070 | 44,100 | 11,100 | 0 | 4,650 | 9,000 | 4,650 | 8,376,919 | 12,290,828 | 9,468,948 | 8,703,694 | 15,714 |
| provisions | 3,830,335 | 3,942,835 | 2,010,454 | 1,958,628 | 1,291,576 | 1,397,782 | 1,527,729 | 1,709,280 | 3,491,365 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,848,942 | 3,973,533 | 2,056,524 | 2,002,728 | 1,302,676 | 1,397,782 | 1,532,379 | 1,718,280 | 11,846,375 | 8,376,919 | 12,290,828 | 9,468,948 | 8,703,694 | 15,714 |
| total liabilities | 17,263,193 | 17,732,038 | 16,247,329 | 16,566,914 | 12,746,736 | 12,685,879 | 12,828,989 | 9,878,551 | 11,999,654 | 8,530,034 | 12,423,147 | 10,804,220 | 8,849,939 | 180,722 |
| net assets | 62,571,492 | 45,882,260 | 41,945,432 | 41,879,404 | 45,748,875 | 45,624,718 | 46,463,039 | 45,481,956 | 42,388,173 | 52,938,654 | 46,800,779 | 40,473,234 | 30,519,823 | 33,901,133 |
| total shareholders funds | 62,571,492 | 45,882,260 | 41,945,432 | 41,879,404 | 45,748,875 | 45,624,718 | 46,463,039 | 45,481,956 | 42,388,173 | 52,938,654 | 46,800,779 | 40,473,234 | 30,519,823 | 33,901,133 |
| 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 | 478,330 | 414,334 | 331,077 | -1,811 | 93,770 | 2,378 | 64,787 | 68,169 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 112,500 | -1,932,381 | -51,826 | -667,052 | 106,206 | 129,947 | 181,551 | 1,782,085 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 121,687 | -26,616 | 15,114 | -10,731,728 | 161,935 | -15,660 | 3,168,265 | 10,805,363 | -4,026,743 | -3,684,864 | 562,903 | 2,398,125 | 4,127,572 | 1,167,498 |
| Creditors | 32,987 | -3,050 | -93,811 | 85,884 | -65,931 | 62,042 | -7,234 | 7,788 | -133,748 | 20,796 | -1,202,953 | 1,189,027 | -18,763 | 165,008 |
| Accruals and Deferred Income | 40,579 | 46,358 | 27,052 | 63,260 | 41,030 | -78,864 | 42,832 | -39,129 | 133,912 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -112,500 | 1,932,381 | 51,826 | 667,052 | -106,206 | -129,947 | -181,551 | -1,782,085 | 3,491,365 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 430,209 | 484,258 | 249,204 | 10,879,061 | -93,066 | 1,216 | -3,067,880 | -10,768,535 | ||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 16,098,147 | 5,454,614 | -213,437 | 10,758,021 | -75,854 | -970,959 | 734,733 | -9,802,915 | 24,513,791 | 2,474,277 | 4,611,274 | 6,382,501 | -1,482,590 | 17,302,204 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -417,820 | -475,608 | -306,622 | 2,970,982 | 180,864 | 8,309 | 3,100,741 | 8,038,333 | 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 | -8,350,360 | 8,350,360 | 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 | -12,091 | -15,372 | 1,970 | 33,000 | 11,100 | -4,650 | -4,350 | 4,350 | -8,372,269 | -3,913,909 | 2,821,880 | 765,254 | 8,687,980 | 15,714 |
| share issue | ||||||||||||||
| interest | 255 | 261 | 214 | 121 | 35 | 313 | 18 | 40 | ||||||
| cash flow from financing | 16,118,491 | -226,105 | 422,125 | 3,137,130 | 741,145 | -186,987 | 4,131,136 | 292,619 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | 553 | -6,461 | -55,234 | -75,586 | 98,933 | 5,188 | 28,523 | -29,768 | -7,909 | -64,651 | -20,205 | -342,684 | 445,175 | 32,153 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 553 | -6,461 | -55,234 | -75,586 | 98,933 | 5,188 | 28,523 | -29,768 | -7,909 | -64,651 | -20,205 | -342,684 | 445,175 | 32,153 |
threshing limited Credit Report and Business Information
Threshing Limited Competitor Analysis
Perform a competitor analysis for threshing limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in W1H area or any other competitors across 12 key performance metrics.
threshing limited Ownership
THRESHING LIMITED group structure
Threshing Limited has 4 subsidiary companies.
Ultimate parent company
BEX INTERNATIONAL LTD
#0048624
2 parents
THRESHING LIMITED
02541381
4 subsidiaries
threshing limited directors
Threshing Limited currently has 4 directors. The longest serving directors include Mr John Page (Mar 2010) and Mr Richard Cotton (Jan 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Page | United Kingdom | 60 years | Mar 2010 | - | Director |
| Mr Richard Cotton | 53 years | Jan 2016 | - | Director | |
| Mr Stuart Berkoff | United Kingdom | 52 years | Apr 2020 | - | Director |
| Mr Stuart Berkoff | United Kingdom | 52 years | Apr 2020 | - | Director |
P&L
December 2022turnover
886.1k
+4%
operating profit
478.3k
+15%
gross margin
55%
+11.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
62.6m
+0.36%
total assets
79.8m
+0.25%
cash
8k
+0.07%
net assets
Total assets minus all liabilities
Similar Companies
threshing limited company details
company number
02541381
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
September 1990
age
34
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
7th floor, portman house, 2 portman street, london, W1H 6DU
accountant
-
auditor
BRIGHT GRAHAME MURRAY & CO
threshing 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 37 charges/mortgages relating to threshing limited. Currently there are 1 open charges and 36 have been satisfied in the past.
threshing limited Companies House Filings - See Documents
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