trident structural limited

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trident structural limited Company Information

Share TRIDENT STRUCTURAL LIMITED

Company Number

03101318

Shareholders

phillip edward john keates

carl billingham

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Group Structure

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Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 

Registered Address

unit 1&2 trident business park, chichester road, selsey, chichester, west sussex, PO20 9DY

trident structural limited Estimated Valuation

£917.6k

Pomanda estimates the enterprise value of TRIDENT STRUCTURAL LIMITED at £917.6k based on a Turnover of £2.1m and 0.43x industry multiple (adjusted for size and gross margin).

trident structural limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of TRIDENT STRUCTURAL LIMITED at £1.5m based on an EBITDA of £363.6k and a 4.01x industry multiple (adjusted for size and gross margin).

trident structural limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of TRIDENT STRUCTURAL LIMITED at £1.5m based on Net Assets of £677.2k and 2.27x industry multiple (adjusted for liquidity).

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Trident Structural Limited Overview

Trident Structural Limited is a live company located in selsey, chichester, PO20 9DY with a Companies House number of 03101318. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in September 1995, it's largest shareholder is phillip edward john keates with a 34.2% stake. Trident Structural Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.1m with healthy growth in recent years.

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Trident Structural Limited Health Check

Pomanda's financial health check has awarded Trident Structural Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £2.1m, make it smaller than the average company (£7.2m)

£2.1m - Trident Structural Limited

£7.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (11.2%)

15% - Trident Structural Limited

11.2% - Industry AVG

production

Production

with a gross margin of 25.1%, this company has a comparable cost of product (25.1%)

25.1% - Trident Structural Limited

25.1% - Industry AVG

profitability

Profitability

an operating margin of 16.3% make it more profitable than the average company (6.5%)

16.3% - Trident Structural Limited

6.5% - Industry AVG

employees

Employees

with 17 employees, this is below the industry average (31)

17 - Trident Structural Limited

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.9k, the company has an equivalent pay structure (£48.9k)

£48.9k - Trident Structural Limited

£48.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £124.2k, this is less efficient (£194.6k)

£124.2k - Trident Structural Limited

£194.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 59 days, this is near the average (54 days)

59 days - Trident Structural Limited

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is quicker than average (36 days)

30 days - Trident Structural Limited

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Trident Structural Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 76 weeks, this is more cash available to meet short term requirements (21 weeks)

76 weeks - Trident Structural Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 32.6%, this is a lower level of debt than the average (60.1%)

32.6% - Trident Structural Limited

60.1% - Industry AVG

TRIDENT STRUCTURAL LIMITED financials

EXPORTms excel logo

Trident Structural Limited's latest turnover from March 2024 is estimated at £2.1 million and the company has net assets of £677.2 thousand. According to their latest financial statements, Trident Structural Limited has 17 employees and maintains cash reserves of £448.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,111,3131,027,3861,226,4531,399,0961,124,5752,302,1181,833,4132,175,5432,028,2541,231,566984,018852,441969,7881,122,1701,224,164
Other Income Or Grants000000000000000
Cost Of Sales1,582,187770,477925,7701,067,762847,7211,720,8161,361,5961,607,4901,505,874927,853732,126627,426703,582792,422867,750
Gross Profit529,126256,908300,682331,334276,854581,302471,817568,054522,380303,713251,892225,015266,207329,747356,414
Admin Expenses185,333179,031261,410585,040172,537636,674526,675240,391549,255151,857279,308199,715254,442329,95954,659
Operating Profit343,79377,87739,272-253,706104,317-55,372-54,858327,663-26,875151,856-27,41625,30011,765-212301,755
Interest Payable2672,5073,1781,52500000000000
Interest Receivable19,65812,6051,5832403482,7752,2309601,129877862842799790395
Pre-Tax Profit363,18487,97537,677-254,991104,665-52,597-52,628328,623-25,746152,733-26,55426,14212,564578302,150
Tax-90,796-16,715-7,1590-19,88600-65,7240-32,0740-6,274-3,267-162-84,602
Profit After Tax272,38871,26030,518-254,99184,779-52,597-52,628262,898-25,746120,659-26,55419,8689,297416217,548
Dividends Paid000000000000000
Retained Profit272,38871,26030,518-254,99184,779-52,597-52,628262,898-25,746120,659-26,55419,8689,297416217,548
Employee Costs830,796725,349646,550543,161681,564714,586774,804841,520466,127302,625258,430217,448250,435307,757350,650
Number Of Employees1716151316171921128767910
EBITDA*363,59089,36341,270-251,043107,423-51,231-49,499334,558-17,888163,447-12,24245,70917,0226,519309,664

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets59,39034,4545,9887,9869,31712,42316,07920,68326,96234,77445,51754,82415,77120,18923,726
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets59,39034,4545,9887,9869,31712,42316,07920,68326,96234,77445,51754,82415,77120,18923,726
Stock & work in progress000000000000000
Trade Debtors342,94450,48598,909218,117163,026386,258275,300300,267352,747259,205171,345158,670178,579202,804205,613
Group Debtors000000000000000
Misc Debtors153,882133,468175,224165,207150,6900000000000
Cash448,156300,716292,481129,611351,114345,870394,025497,953270,037181,429169,373175,584161,361158,095158,005
misc current assets000000000000000
total current assets944,982484,669566,614512,935664,830732,128669,325798,220622,784440,634340,718334,254339,940360,899363,618
total assets1,004,372519,123572,602520,921674,147744,551685,404818,903649,746475,408386,235389,078355,711381,088387,344
Bank overdraft000000000000000
Bank loan04,75110,00050,00000000000000
Trade Creditors 133,84770,183153,241152,72225,406269,366158,555238,996257,086124,749144,767110,071125,749160,276166,578
Group/Directors Accounts0000000075,000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities170,40433,01240,72913,92589,2880000000000
total current liabilities304,251107,946203,970216,647114,694269,366158,555238,996332,086124,749144,767110,071125,749160,276166,578
loans0034,167000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities10,972000000006,41016,61626,822000
provisions11,9336,3498971,2241,4121,9239901,4202,0712,9144,1764,9552,6002,7473,117
total long term liabilities22,9056,34935,0641,2241,4121,9239901,4202,0719,32420,79231,7772,6002,7473,117
total liabilities327,156114,295239,034217,871116,106271,289159,545240,416334,157134,073165,559141,848128,349163,023169,695
net assets677,216404,828333,568303,050558,041473,262525,859578,487315,589341,335220,676247,230227,362218,065217,649
total shareholders funds677,216404,828333,568303,050558,041473,262525,859578,487315,589341,335220,676247,230227,362218,065217,649
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit343,79377,87739,272-253,706104,317-55,372-54,858327,663-26,875151,856-27,41625,30011,765-212301,755
Depreciation19,79711,4861,9982,6633,1064,1415,3596,8958,98711,59115,17420,4095,2576,7317,909
Amortisation000000000000000
Tax-90,796-16,715-7,1590-19,88600-65,7240-32,0740-6,274-3,267-162-84,602
Stock000000000000000
Debtors312,873-90,180-109,19169,608-72,542110,958-24,967-52,48093,54287,86012,675-19,909-24,225-2,809205,613
Creditors63,664-83,058519127,316-243,960110,811-80,441-18,090132,337-20,01834,696-15,678-34,527-6,302166,578
Accruals and Deferred Income137,392-7,71726,804-75,36389,2880000000000
Deferred Taxes & Provisions5,5845,452-327-188-511933-430-651-843-1,262-7792,355-147-3703,117
Cash flow from operations166,56177,505170,298-268,8864,896-50,445-105,403302,57320,06422,2339,00046,0213,3062,494189,144
Investing Activities
capital expenditure-44,733-39,9520-1,3320-485-755-616-1,175-848-5,867-59,462-839-3,194-31,635
Change in Investments000000000000000
cash flow from investments-44,733-39,9520-1,3320-485-755-616-1,175-848-5,867-59,462-839-3,194-31,635
Financing Activities
Bank loans-4,751-5,249-40,00050,00000000000000
Group/Directors Accounts0000000-75,00075,000000000
Other Short Term Loans 000000000000000
Long term loans0-34,16734,167000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities10,9720000000-6,410-10,206-10,20626,822000
share issue00000000000000101
interest19,39110,098-1,595-1,2853482,7752,2309601,129877862842799790395
cash flow from financing25,612-29,318-7,42848,7153482,7752,230-74,04069,719-9,329-9,34427,664799790496
cash and cash equivalents
cash147,4408,235162,870-221,5035,244-48,155-103,928227,91688,60812,056-6,21114,2233,26690158,005
overdraft000000000000000
change in cash147,4408,235162,870-221,5035,244-48,155-103,928227,91688,60812,056-6,21114,2233,26690158,005

trident structural limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Trident Structural Limited Competitor Analysis

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Perform a competitor analysis for trident structural limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PO20 area or any other competitors across 12 key performance metrics.

trident structural limited Ownership

TRIDENT STRUCTURAL LIMITED group structure

Trident Structural Limited has no subsidiary companies.

Ultimate parent company

TRIDENT STRUCTURAL LIMITED

03101318

TRIDENT STRUCTURAL LIMITED Shareholders

phillip edward john keates 34.21%
carl billingham 32.89%
angela keates 32.89%

trident structural limited directors

Trident Structural Limited currently has 3 directors. The longest serving directors include Mr Carl Billingham (Sep 1995) and Mr Phillip Keates (Sep 1995).

officercountryagestartendrole
Mr Carl Billingham61 years Sep 1995- Director
Mr Phillip Keates72 years Sep 1995- Director
Mr Nathan SmithEngland43 years Sep 2024- Director

P&L

March 2024

turnover

2.1m

+106%

operating profit

343.8k

0%

gross margin

25.1%

+0.22%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

677.2k

+0.67%

total assets

1m

+0.93%

cash

448.2k

+0.49%

net assets

Total assets minus all liabilities

trident structural limited company details

company number

03101318

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

September 1995

age

30

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

unit 1&2 trident business park, chichester road, selsey, chichester, west sussex, PO20 9DY

Bank

-

Legal Advisor

-

trident structural 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 1 charges/mortgages relating to trident structural limited. Currently there are 1 open charges and 0 have been satisfied in the past.

trident structural 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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trident structural limited Companies House Filings - See Documents

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