tiverton and district model engineering society limited
tiverton and district model engineering society limited Company Information
Company Number
03184234
Registered Address
1 stone close, taunton, TA1 4YG
Industry
Activities of other membership organisations n.e.c.
Telephone
01626362488
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
tiverton and district model engineering society limited Estimated Valuation
Pomanda estimates the enterprise value of TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED at £50.6k based on a Turnover of £101k and 0.5x industry multiple (adjusted for size and gross margin).
tiverton and district model engineering society limited Estimated Valuation
Pomanda estimates the enterprise value of TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED at £0 based on an EBITDA of £-2.3k and a 3.95x industry multiple (adjusted for size and gross margin).
tiverton and district model engineering society limited Estimated Valuation
Pomanda estimates the enterprise value of TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED at £50.8k based on Net Assets of £16.8k and 3.02x industry multiple (adjusted for liquidity).
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Tiverton And District Model Engineering Society Limited Overview
Tiverton And District Model Engineering Society Limited is a live company located in taunton, TA1 4YG with a Companies House number of 03184234. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in April 1996, it's largest shareholder is unknown. Tiverton And District Model Engineering Society Limited is a mature, micro sized company, Pomanda has estimated its turnover at £101k with rapid growth in recent years.
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Tiverton And District Model Engineering Society Limited Health Check
Pomanda's financial health check has awarded Tiverton And District Model Engineering Society Limited a 3 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
1 Regular
5 Weak
Size
annual sales of £101k, make it smaller than the average company (£422k)
- Tiverton And District Model Engineering Society Limited
£422k - Industry AVG
Growth
3 year (CAGR) sales growth of 232%, show it is growing at a faster rate (6.5%)
- Tiverton And District Model Engineering Society Limited
6.5% - Industry AVG
Production
with a gross margin of 32.1%, this company has a higher cost of product (52.8%)
- Tiverton And District Model Engineering Society Limited
52.8% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (1.3%)
- Tiverton And District Model Engineering Society Limited
1.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
- Tiverton And District Model Engineering Society Limited
9 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£27.5k)
- Tiverton And District Model Engineering Society Limited
£27.5k - Industry AVG
Efficiency
resulting in sales per employee of £101k, this is more efficient (£62.2k)
- Tiverton And District Model Engineering Society Limited
£62.2k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (13 days)
- Tiverton And District Model Engineering Society Limited
13 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Tiverton And District Model Engineering Society Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tiverton And District Model Engineering Society Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tiverton And District Model Engineering Society Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.1%, this is a lower level of debt than the average (12%)
4.1% - Tiverton And District Model Engineering Society Limited
12% - Industry AVG
TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED financials
Tiverton And District Model Engineering Society Limited's latest turnover from December 2023 is estimated at £101 thousand and the company has net assets of £16.8 thousand. According to their latest financial statements, we estimate that Tiverton And District Model Engineering Society Limited has 1 employee and maintains cash reserves of 0 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 | 1,983 | 215 | 2,763 | 1,296 | 1,175 | 1,292 | 923 | 805 | 828 | 1,373 | 860 | 798 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Gross Profit | 1,983 | 215 | 2,763 | 1,296 | 1,175 | 1,292 | 923 | 805 | 828 | 1,373 | 860 | 798 | |||
| Admin Expenses | 4,576 | 2,759 | 2,768 | 927 | 988 | 1,002 | 981 | 981 | 907 | 966 | |||||
| Operating Profit | -2,593 | -2,544 | -5 | 365 | -65 | -197 | -153 | 392 | -47 | -168 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 4 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | |||
| Pre-Tax Profit | -2,589 | -2,543 | -3 | -990 | 185 | 367 | -64 | -196 | -152 | 393 | -46 | -166 | |||
| Tax | 1,892 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Profit After Tax | -697 | -2,543 | -3 | -990 | 185 | 367 | -64 | -196 | -152 | 393 | -46 | -166 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | -697 | -2,543 | -3 | -990 | 185 | 367 | -64 | -196 | -152 | 393 | -46 | -166 | |||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 253 | -1,616 | -5 | 601 | 177 | 66 | 121 | 643 | 204 | 92 |
* 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 | 7,911 | 11,645 | 12,950 | 9,921 | 10,242 | 7,976 | 13,664 | 13,514 | 13,741 | 13,985 | 14,444 | 14,297 | 15,362 | 14,448 | 14,622 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,911 | 11,645 | 12,950 | 9,921 | 10,242 | 7,976 | 13,664 | 13,514 | 13,741 | 13,985 | 14,444 | 14,297 | 15,362 | 14,448 | 14,622 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,656 | 7,966 | 7,157 | 0 | 4,289 | 3,370 | 3,116 | 4,256 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 12,417 | 0 | 0 | 0 | 0 | 3,844 | 3,233 | 2,838 | 3,181 | 2,268 | 2,799 | 2,671 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,656 | 7,966 | 7,157 | 12,417 | 4,289 | 3,370 | 3,116 | 4,256 | 3,844 | 3,233 | 2,838 | 3,181 | 2,268 | 2,799 | 2,671 |
| total assets | 17,567 | 19,611 | 20,107 | 22,338 | 14,531 | 11,346 | 16,780 | 17,770 | 17,585 | 17,218 | 17,282 | 17,478 | 17,630 | 17,247 | 17,293 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 0 | 1 | 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 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 726 | 512 | 312 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 726 | 512 | 312 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 726 | 513 | 312 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 16,841 | 19,098 | 19,795 | 22,338 | 14,531 | 11,346 | 16,780 | 17,770 | 17,585 | 17,218 | 17,282 | 17,478 | 17,630 | 17,247 | 17,293 |
| total shareholders funds | 16,841 | 19,098 | 19,795 | 22,338 | 14,531 | 11,346 | 16,780 | 17,770 | 17,585 | 17,218 | 17,282 | 17,478 | 17,630 | 17,247 | 17,293 |
| 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 | -2,593 | -2,544 | -5 | 365 | -65 | -197 | -153 | 392 | -47 | -168 | |||||
| Depreciation | 2,846 | 928 | 408 | 227 | 236 | 242 | 263 | 274 | 251 | 251 | 260 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | 1,892 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,690 | 809 | 7,157 | -4,289 | 919 | 254 | -1,140 | 4,256 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -1 | 1 | 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 |
| Deferred Taxes & Provisions | 214 | 200 | 312 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,537 | -8,461 | 601 | 177 | 66 | 121 | 643 | 204 | 92 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 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 | 4 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | |||
| cash flow from financing | 4 | 1 | 7,812 | 2 | 2 | 2 | 1 | 1 | 1 | -9 | 1 | 17,461 | |||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | -12,417 | 12,417 | 0 | 0 | 0 | -3,844 | 611 | 395 | -343 | 913 | -531 | 128 | 2,671 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -12,417 | 12,417 | 0 | 0 | 0 | -3,844 | 611 | 395 | -343 | 913 | -531 | 128 | 2,671 |
tiverton and district model engineering society limited Credit Report and Business Information
Tiverton And District Model Engineering Society Limited Competitor Analysis
Perform a competitor analysis for tiverton and district model engineering society limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in TA1 area or any other competitors across 12 key performance metrics.
tiverton and district model engineering society limited Ownership
TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED group structure
Tiverton And District Model Engineering Society Limited has no subsidiary companies.
Ultimate parent company
TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED
03184234
tiverton and district model engineering society limited directors
Tiverton And District Model Engineering Society Limited currently has 9 directors. The longest serving directors include Mr Roger Williams (Apr 2023) and Mr Graham Bristow (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roger Williams | England | 71 years | Apr 2023 | - | Director |
| Mr Graham Bristow | England | 75 years | Apr 2023 | - | Director |
| Mr Geoff Goodchild | England | 81 years | Apr 2023 | - | Director |
| Mr Tony Huxtable | England | 77 years | Apr 2023 | - | Director |
| Mr Adrian Newson | England | 73 years | Sep 2023 | - | Director |
| Mr Timothy Clarke | England | 80 years | Oct 2023 | - | Director |
| Mr John Hilton | England | 67 years | Oct 2023 | - | Director |
| Mr Nigel Geddes | England | 66 years | Jun 2024 | - | Director |
| Mr Andrew Dower | England | 67 years | Jun 2024 | - | Director |
P&L
December 2023turnover
101k
+4995%
operating profit
-2.3k
0%
gross margin
32.1%
-67.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
16.8k
-0.12%
total assets
17.6k
-0.1%
cash
0
0%
net assets
Total assets minus all liabilities
tiverton and district model engineering society limited company details
company number
03184234
Type
Private Ltd By Guarantee w/o Share Cap
industry
94990 - Activities of other membership organisations n.e.c.
incorporation date
April 1996
age
28
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
1 stone close, taunton, TA1 4YG
accountant
-
auditor
-
tiverton and district model engineering society 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 did not find charges/mortgages relating to tiverton and district model engineering society limited.
tiverton and district model engineering society limited Companies House Filings - See Documents
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