Pomanda estimates the enterprise value of TURNER & PRICE LIMITED at £56.3m based on a Turnover of £97.2m and 0.58x industry multiple (adjusted for size and gross margin).
turner & price limitedEstimated Valuation
£76.1m
Pomanda estimates the enterprise value of TURNER & PRICE LIMITED at £76.1m based on an EBITDA of £9.9m and a 7.71x industry multiple (adjusted for size and gross margin).
turner & price limitedEstimated Valuation
£52.8m
Pomanda estimates the enterprise value of TURNER & PRICE LIMITED at £52.8m based on Net Assets of £23.7m and 2.23x industry multiple (adjusted for liquidity).
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Turner & Price LimitedOverview
Turner & Price Limited is a live company located in slough, SL1 4BD with a Companies House number of 02732141. It operates in the non-specialised wholesale of food, beverages and tobacco sector, SIC Code 46390. Founded in July 1992, it's largest shareholder is
caterfood holdings limited
with a 100% stake. Turner & Price Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£97.2m with
high
growth in recent years.
Pomanda's financial health check has awarded Turner & Price Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
3 Regular
1 Weak
Size
annual sales of £97.2m, make it larger than the average company (£29.7m)
£97.2m - Turner & Price Limited
£29.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (9.1%)
29% - Turner & Price Limited
9.1% - Industry AVG
Production
with a gross margin of 20.5%, this company has a comparable cost of product (20.4%)
20.5% - Turner & Price Limited
20.4% - Industry AVG
Profitability
an operating margin of 9.4% make it more profitable than the average company (3.1%)
9.4% - Turner & Price Limited
3.1% - Industry AVG
Employees
with 290 employees, this is above the industry average (67)
290 - Turner & Price Limited
67 - Industry AVG
Pay Structure
on an average salary of £43.4k, the company has an equivalent pay structure (£37.6k)
£43.4k - Turner & Price Limited
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £335.3k, this is less efficient (£409.9k)
£335.3k - Turner & Price Limited
£409.9k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is near the average (35 days)
38 days - Turner & Price Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (37 days)
46 days - Turner & Price Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is less than average (35 days)
23 days - Turner & Price Limited
35 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 46 weeks, this is more cash available to meet short term requirements (9 weeks)
46 weeks - Turner & Price Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38%, this is a lower level of debt than the average (60.2%)
38% - Turner & Price Limited
60.2% - Industry AVG
TURNER & PRICE LIMITED financials
EXPORT
Turner & Price Limited's latest turnover from March 2024 is £97.2 million and the company has net assets of £23.7 million. According to their latest financial statements, Turner & Price Limited has 290 employees and maintains cash reserves of £12.3 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
97,222,607
87,977,170
73,117,652
45,036,154
64,286,731
62,971,298
60,752,827
55,315,860
49,111,673
48,458,951
46,295,261
38,526,373
33,939,951
26,971,544
24,539,418
Other Income Or Grants
Cost Of Sales
77,333,650
69,067,358
59,560,534
38,034,079
53,477,146
52,234,809
50,572,645
46,252,280
40,882,096
40,488,769
38,166,553
31,946,779
28,594,205
22,622,363
20,541,682
Gross Profit
19,888,957
18,909,812
13,557,118
7,002,075
10,809,585
10,736,489
10,180,182
9,063,580
8,229,577
7,970,182
8,128,708
6,579,594
5,345,746
4,349,181
3,997,736
Admin Expenses
10,752,273
10,948,293
9,987,514
5,952,266
9,198,117
8,336,329
7,602,887
7,158,360
6,733,288
6,225,816
5,923,195
5,065,626
4,513,535
3,678,754
3,394,401
Operating Profit
9,136,684
7,961,519
3,569,604
1,049,809
1,611,468
2,400,160
2,577,295
1,905,220
1,496,289
1,744,366
2,205,513
1,513,968
832,211
670,427
603,335
Interest Payable
9,451
10,260
42,506
25,813
27,000
62,904
66,618
88,987
119,216
124,489
95,252
109,152
114,190
97,972
111,071
Interest Receivable
380,980
96,096
314
3,827
5,075
2
Pre-Tax Profit
9,508,213
8,047,355
3,527,098
1,024,310
1,631,663
2,406,416
2,510,677
1,816,235
1,377,073
1,619,877
2,110,261
1,404,816
718,021
572,455
492,264
Tax
-2,384,410
-1,534,308
-662,977
-237,835
-347,487
-126,600
-700,775
-425,062
-360,466
-351,015
-501,400
-315,856
-201,614
-162,472
-146,319
Profit After Tax
7,123,803
6,513,047
2,864,121
786,475
1,284,176
2,279,816
1,809,902
1,391,173
1,016,607
1,268,862
1,608,861
1,088,960
516,407
409,983
345,945
Dividends Paid
1,009,250
11,650
11,650
11,650
469,150
469,150
469,150
103,150
743,650
435,050
411,750
377,650
377,650
316,150
287,150
Retained Profit
6,114,553
6,501,397
2,852,471
774,825
815,026
1,810,666
1,340,752
1,288,023
272,957
833,812
1,197,111
711,310
138,757
93,833
58,795
Employee Costs
12,591,663
11,485,690
10,100,580
8,570,093
9,886,707
9,054,202
8,150,805
7,578,848
6,808,430
6,930,642
5,867,347
4,922,661
4,258,138
3,600,879
3,339,506
Number Of Employees
290
271
259
204
292
286
264
246
225
216
181
160
150
130
124
EBITDA*
9,870,483
9,169,220
4,648,094
2,025,952
2,538,238
3,274,810
3,337,593
2,600,707
2,152,806
2,307,678
2,686,616
1,911,086
1,173,813
963,834
894,788
* 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
9,164,440
6,973,245
7,169,758
8,000,845
6,568,772
6,730,762
6,632,118
5,434,064
5,604,939
4,078,102
4,166,611
3,650,009
3,312,532
3,077,610
2,754,167
Intangible Assets
3,977
7,947
11,917
15,887
19,857
23,827
27,797
31,767
35,737
Investments & Other
50
50
50
50
50
50
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
2,550
Debtors (Due After 1 year)
Total Fixed Assets
9,164,490
6,973,295
7,169,808
8,000,895
6,572,799
6,738,759
6,646,585
5,452,501
5,627,346
4,104,479
4,196,958
3,684,326
3,350,819
3,080,160
2,756,717
Stock & work in progress
4,882,998
4,508,550
3,430,770
2,538,281
2,860,719
3,084,359
2,857,147
2,775,930
2,293,405
2,058,719
2,151,675
1,659,476
1,641,461
1,394,388
1,123,655
Trade Debtors
10,312,420
9,895,854
8,469,951
4,792,224
6,503,297
6,566,104
6,237,331
6,164,938
5,160,407
4,978,227
5,304,618
4,061,606
2,826,613
2,709,790
2,304,581
Group Debtors
450
450
450
450
450
450
19,784
49,235
Misc Debtors
1,486,010
1,523,776
965,739
1,188,229
1,061,110
909,819
983,124
829,764
951,866
663,615
620,434
505,003
434,504
363,634
322,525
Cash
12,342,236
9,900,594
7,349,555
3,619,420
4,443,044
2,878,919
2,603,699
1,340,056
297,236
926,632
558,018
548,176
80,985
8,653
11,164
misc current assets
total current assets
29,024,114
25,829,224
20,216,465
12,138,604
14,868,620
13,439,651
12,701,085
11,159,923
8,702,914
8,627,193
8,634,745
6,774,261
4,983,563
4,476,465
3,761,925
total assets
38,188,604
32,802,519
27,386,273
20,139,499
21,441,419
20,178,410
19,347,670
16,612,424
14,330,260
12,731,672
12,831,703
10,458,587
8,334,382
7,556,625
6,518,642
Bank overdraft
518,650
263,186
499,533
Bank loan
75,324
450,000
285,324
365,732
323,034
326,385
95,230
93,216
78,593
149,013
107,995
43,866
Trade Creditors
9,845,431
8,956,915
7,507,543
3,996,734
6,436,239
5,926,946
5,590,685
5,666,373
4,382,207
3,646,187
4,208,801
3,675,486
2,764,314
2,708,738
2,191,394
Group/Directors Accounts
573,848
232,630
634,056
324,944
854,047
910,282
870,814
496,854
710,176
716,848
455,116
249,480
167,776
205,853
154,416
other short term finances
hp & lease commitments
14,114
169,358
124,907
294,141
413,487
323,900
143,244
85,856
126,678
other current liabilities
3,261,734
3,494,850
2,661,374
1,980,194
2,605,431
1,966,069
1,850,254
1,473,348
1,174,956
1,268,401
1,395,718
1,397,378
925,381
753,290
616,808
total current liabilities
13,681,013
12,684,395
10,878,297
6,751,872
9,895,717
9,102,735
8,846,843
7,959,609
6,718,631
6,020,807
6,566,338
5,724,837
4,668,378
4,124,918
3,632,695
loans
1,199,352
900,000
380,979
1,221,562
1,591,260
1,915,117
1,257,949
1,364,911
1,110,116
965,895
1,113,768
659,901
hp & lease commitments
14,125
124,469
418,488
360,401
125,961
28,619
114,324
Accruals and Deferred Income
other liabilities
provisions
840,518
452,815
383,714
415,188
364,452
328,472
709,582
250,028
173,008
77,900
65,231
43,609
65,834
59,287
65,522
total long term liabilities
840,518
452,815
1,583,066
1,315,188
364,452
709,451
1,945,269
1,841,288
2,088,125
1,460,318
1,848,630
1,514,126
1,157,690
1,201,674
839,747
total liabilities
14,521,531
13,137,210
12,461,363
8,067,060
10,260,169
9,812,186
10,792,112
9,800,897
8,806,756
7,481,125
8,414,968
7,238,963
5,826,068
5,326,592
4,472,442
net assets
23,667,073
19,665,309
14,924,910
12,072,439
11,181,250
10,366,224
8,555,558
6,811,527
5,523,504
5,250,547
4,416,735
3,219,624
2,508,314
2,230,033
2,046,200
total shareholders funds
23,667,073
19,665,309
14,924,910
12,072,439
11,181,250
10,366,224
8,555,558
6,811,527
5,523,504
5,250,547
4,416,735
3,219,624
2,508,314
2,230,033
2,046,200
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
9,136,684
7,961,519
3,569,604
1,049,809
1,611,468
2,400,160
2,577,295
1,905,220
1,496,289
1,744,366
2,205,513
1,513,968
832,211
670,427
603,335
Depreciation
733,799
1,207,701
1,078,490
972,166
922,800
870,680
756,328
691,517
652,547
559,342
477,133
393,148
337,632
293,407
291,453
Amortisation
3,977
3,970
3,970
3,970
3,970
3,970
3,970
3,970
3,970
3,970
Tax
-2,384,410
-1,534,308
-662,977
-237,835
-347,487
-126,600
-700,775
-425,062
-360,466
-351,015
-501,400
-315,856
-201,614
-162,472
-146,319
Stock
374,448
1,077,780
892,489
-322,438
-223,640
227,212
81,217
482,525
234,686
-92,956
492,199
18,015
247,073
270,733
1,123,655
Debtors
378,800
1,983,940
3,455,237
-1,583,954
88,484
236,134
196,302
931,664
470,431
-283,210
1,358,443
1,305,492
187,693
446,318
2,627,106
Creditors
888,516
1,449,372
3,510,809
-2,439,505
509,293
336,261
-75,688
1,284,166
736,020
-562,614
533,315
911,172
55,576
517,344
2,191,394
Accruals and Deferred Income
-233,116
833,476
681,180
-625,237
639,362
115,815
376,906
298,392
-93,445
-127,317
-1,660
471,997
172,091
136,482
616,808
Deferred Taxes & Provisions
387,703
69,101
-31,474
50,736
35,980
-381,110
459,554
77,020
95,108
12,669
21,622
-22,225
6,547
-6,235
65,522
Cash flow from operations
7,775,928
6,925,141
3,797,906
680,503
3,510,542
2,755,830
3,120,071
2,421,034
1,824,906
1,655,567
887,851
1,632,667
771,647
731,902
-128,568
Investing Activities
capital expenditure
-948,798
-520,642
-2,180,774
-471,274
-470,854
-72,664
-70,625
-615,047
-20,680
Change in Investments
-2,500
2,550
cash flow from investments
2,500
-948,798
-520,642
-2,180,774
-471,274
-470,854
-72,664
-70,625
-615,047
-23,230
Financing Activities
Bank loans
-75,324
-374,676
450,000
-285,324
-80,408
42,698
-3,351
231,155
2,014
14,623
-70,420
41,018
64,129
43,866
Group/Directors Accounts
341,218
-401,426
309,112
-529,103
-56,235
39,468
373,960
-213,322
-6,672
261,732
205,636
81,704
-38,077
51,437
154,416
Other Short Term Loans
Long term loans
-1,199,352
299,352
900,000
-380,979
-840,583
-369,698
-323,857
657,168
-106,962
254,795
144,221
-147,873
453,867
659,901
Hire Purchase and Lease Commitments
-14,114
-169,369
183,483
-124,907
-293,703
-413,365
147,674
415,096
154,730
-126,527
241,002
other long term liabilities
share issue
-2,112,789
-1,760,998
116,364
403,279
139,524
90,000
1,987,405
interest
371,529
85,836
-42,506
-25,499
-23,173
-57,829
-66,618
-88,985
-119,216
-124,489
-95,252
-109,152
-114,190
-97,972
-111,071
cash flow from financing
-1,400,042
-3,351,264
191,282
911,762
-759,825
-1,108,721
567,104
-754,422
468,732
-381,070
527,476
461,449
35,132
434,934
2,975,519
cash and cash equivalents
cash
2,441,642
2,551,039
3,730,135
-823,624
1,564,125
275,220
1,263,643
1,042,820
-629,396
368,614
9,842
467,191
72,332
-2,511
11,164
overdraft
-518,650
255,464
-236,347
499,533
change in cash
2,441,642
2,551,039
3,730,135
-823,624
1,564,125
275,220
1,263,643
1,042,820
-629,396
368,614
9,842
985,841
-183,132
233,836
-488,369
turner & price limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for turner & price limited. Get real-time insights into turner & price limited's credit score, group structure and payment trends.
Perform a competitor analysis for turner & price limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in SL1 area or any other competitors across 12 key performance metrics.
turner & price limited Ownership
TURNER & PRICE LIMITED group structure
Turner & Price Limited has 2 subsidiary companies.
46390 - Non-specialised wholesale of food, beverages and tobacco
incorporation date
July 1992
age
33
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
March 2024
previous names
lanestyle limited (October 1992)
accountant
-
auditor
SOWERBY
address
814 leigh road, slough, SL1 4BD
Bank
-
Legal Advisor
-
turner & price 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 13 charges/mortgages relating to turner & price limited. Currently there are 1 open charges and 12 have been satisfied in the past.
turner & price 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.
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turner & price limitedCompanies House Filings - See Documents
