twp (newco) 151 limited
twp (newco) 151 limited Company Information
Company Number
03404297
Next Accounts
Feb 2025
Shareholders
terberg rosroca group limited
Group Structure
View All
Industry
Manufacture of lifting and handling equipment
Registered Address
leacroft road, birchwood, warrington, cheshire, WA3 6PJ
Website
terbergmatec.comtwp (newco) 151 limited Estimated Valuation
Pomanda estimates the enterprise value of TWP (NEWCO) 151 LIMITED at £19.1m based on a Turnover of £26.5m and 0.72x industry multiple (adjusted for size and gross margin).
twp (newco) 151 limited Estimated Valuation
Pomanda estimates the enterprise value of TWP (NEWCO) 151 LIMITED at £20m based on an EBITDA of £3.5m and a 5.75x industry multiple (adjusted for size and gross margin).
twp (newco) 151 limited Estimated Valuation
Pomanda estimates the enterprise value of TWP (NEWCO) 151 LIMITED at £14.3m based on Net Assets of £6.7m and 2.12x industry multiple (adjusted for liquidity).
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Twp (newco) 151 Limited Overview
Twp (newco) 151 Limited is a dissolved company that was located in warrington, WA3 6PJ with a Companies House number of 03404297. It operated in the manufacture of lifting and handling equipment sector, SIC Code 28220. Founded in July 1997, it's largest shareholder was terberg rosroca group limited with a 100% stake. The last turnover for Twp (newco) 151 Limited was estimated at £26.5m.
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Twp (newco) 151 Limited Health Check
Pomanda's financial health check has awarded Twp (Newco) 151 Limited a 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
4 Regular
3 Weak
Size
annual sales of £26.5m, make it larger than the average company (£9.8m)
£26.5m - Twp (newco) 151 Limited
£9.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (3.6%)
-6% - Twp (newco) 151 Limited
3.6% - Industry AVG
Production
with a gross margin of 23.3%, this company has a higher cost of product (30.1%)
23.3% - Twp (newco) 151 Limited
30.1% - Industry AVG
Profitability
an operating margin of 12.5% make it more profitable than the average company (4.6%)
12.5% - Twp (newco) 151 Limited
4.6% - Industry AVG
Employees
with 113 employees, this is above the industry average (68)
113 - Twp (newco) 151 Limited
68 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£39.6k)
£40.9k - Twp (newco) 151 Limited
£39.6k - Industry AVG
Efficiency
resulting in sales per employee of £234.9k, this is more efficient (£142.4k)
£234.9k - Twp (newco) 151 Limited
£142.4k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is earlier than average (64 days)
35 days - Twp (newco) 151 Limited
64 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (39 days)
13 days - Twp (newco) 151 Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 66 days, this is in line with average (57 days)
66 days - Twp (newco) 151 Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (14 weeks)
13 weeks - Twp (newco) 151 Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.2%, this is a similar level of debt than the average (53.6%)
49.2% - Twp (newco) 151 Limited
53.6% - Industry AVG
TWP (NEWCO) 151 LIMITED financials
Twp (Newco) 151 Limited's latest turnover from December 2016 is £26.5 million and the company has net assets of £6.7 million. According to their latest financial statements, Twp (Newco) 151 Limited has 113 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 26,540,493 | 25,024,098 | 27,150,552 | 31,741,896 | 29,173,843 | 22,453,580 | 24,140,535 | 26,278,995 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 20,345,857 | 19,415,187 | 22,811,064 | 27,130,151 | 25,575,658 | 18,854,372 | 20,430,241 | 22,813,912 |
| Gross Profit | 6,194,636 | 5,608,911 | 4,339,488 | 4,611,745 | 3,598,185 | 3,599,208 | 3,710,294 | 3,465,083 |
| Admin Expenses | 2,887,022 | 2,874,664 | 3,075,159 | 3,010,849 | 2,271,838 | 2,066,548 | 2,126,364 | 2,107,169 |
| Operating Profit | 3,307,614 | 2,734,247 | 1,264,329 | 1,600,896 | 1,326,347 | 1,532,660 | 1,583,930 | 1,357,914 |
| Interest Payable | 14,015 | 16,256 | 44,431 | 62,826 | 53,668 | 42,740 | 50,496 | 83,474 |
| Interest Receivable | 509 | 1,206 | 731 | 575 | 802 | 3,308 | 30 | 134 |
| Pre-Tax Profit | 3,294,108 | 2,719,197 | 1,220,629 | 1,538,645 | 1,273,481 | 1,493,228 | 1,533,464 | 1,274,574 |
| Tax | -677,628 | -564,416 | -278,900 | -379,162 | -326,640 | -400,122 | -449,723 | -377,658 |
| Profit After Tax | 2,616,480 | 2,154,781 | 941,729 | 1,159,483 | 946,841 | 1,093,106 | 1,083,741 | 896,916 |
| Dividends Paid | 2,687,000 | 1,150,000 | 1,083,000 | 515,000 | 900,000 | 1,500,000 | 333,000 | 0 |
| Retained Profit | -70,520 | 1,004,781 | -141,271 | 644,483 | 46,841 | -406,894 | 750,741 | 896,916 |
| Employee Costs | 4,621,101 | 4,371,402 | 5,372,706 | 5,983,586 | 6,153,879 | 5,176,535 | 4,842,176 | 5,506,110 |
| Number Of Employees | 113 | 108 | 138 | 161 | 173 | 157 | 156 | 172 |
| EBITDA* | 3,471,604 | 2,957,054 | 1,617,878 | 1,823,743 | 1,544,055 | 1,754,308 | 1,871,317 | 1,758,010 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,867,348 | 1,970,357 | 2,097,660 | 2,365,804 | 2,015,202 | 1,940,201 | 2,042,738 | 2,209,888 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,867,348 | 1,970,357 | 2,097,660 | 2,365,804 | 2,015,202 | 1,940,201 | 2,042,738 | 2,209,888 |
| Stock & work in progress | 3,730,694 | 2,535,144 | 3,318,367 | 3,928,630 | 3,711,962 | 4,025,819 | 3,293,773 | 3,974,630 |
| Trade Debtors | 2,588,178 | 6,343,719 | 5,021,278 | 5,555,443 | 5,215,950 | 2,576,490 | 5,041,543 | 4,708,410 |
| Group Debtors | 3,425,806 | 44,521 | 133,099 | 70,866 | 32,409 | 31,787 | 27,517 | 105,083 |
| Misc Debtors | 180,479 | 210,466 | 213,895 | 208,685 | 223,903 | 236,297 | 251,929 | 305,487 |
| Cash | 1,450,616 | 3,163,000 | 2,041,567 | 2,938,210 | 749,685 | 1,971,860 | 439,646 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,375,773 | 12,296,850 | 10,728,206 | 12,701,834 | 9,933,909 | 8,842,253 | 9,054,408 | 9,093,610 |
| total assets | 13,243,121 | 14,267,207 | 12,825,866 | 15,067,638 | 11,949,111 | 10,782,454 | 11,097,146 | 11,303,498 |
| Bank overdraft | 0 | 0 | 1,249,916 | 2,132,620 | 1,007,160 | 1,963,156 | 137,038 | 1,592,362 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 729,281 | 3,145,368 | 1,324,675 | 814,199 | 1,373,410 | 817,995 | 1,114,911 | 1,351,773 |
| Group/Directors Accounts | 2,894,196 | 1,806,826 | 1,755,425 | 2,630,802 | 1,909,218 | 1,175,795 | 1,764,631 | 1,389,905 |
| other short term finances | 157,850 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,774,653 | 1,501,854 | 1,524,244 | 2,283,389 | 1,357,364 | 847,031 | 1,458,625 | 1,034,229 |
| total current liabilities | 5,555,980 | 6,454,048 | 5,854,260 | 7,861,010 | 5,647,152 | 4,803,977 | 4,475,205 | 5,368,269 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 630,145 | 700,203 | 838,896 | 888,972 | 719,135 | 502,123 | 491,919 | 435,439 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 334,683 | 320,123 | 344,658 | 388,333 | 297,984 | 238,355 | 485,129 | 605,638 |
| total long term liabilities | 964,828 | 1,020,326 | 1,183,554 | 1,277,305 | 1,017,119 | 740,478 | 977,048 | 1,041,077 |
| total liabilities | 6,520,808 | 7,474,374 | 7,037,814 | 9,138,315 | 6,664,271 | 5,544,455 | 5,452,253 | 6,409,346 |
| net assets | 6,722,313 | 6,792,833 | 5,788,052 | 5,929,323 | 5,284,840 | 5,237,999 | 5,644,893 | 4,894,152 |
| total shareholders funds | 6,722,313 | 6,792,833 | 5,788,052 | 5,929,323 | 5,284,840 | 5,237,999 | 5,644,893 | 4,894,152 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 3,307,614 | 2,734,247 | 1,264,329 | 1,600,896 | 1,326,347 | 1,532,660 | 1,583,930 | 1,357,914 |
| Depreciation | 163,990 | 222,807 | 353,549 | 222,847 | 217,708 | 221,648 | 287,387 | 400,096 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -677,628 | -564,416 | -278,900 | -379,162 | -326,640 | -400,122 | -449,723 | -377,658 |
| Stock | 1,195,550 | -783,223 | -610,263 | 216,668 | -313,857 | 732,046 | -680,857 | 3,974,630 |
| Debtors | -404,243 | 1,230,434 | -466,722 | 362,732 | 2,627,688 | -2,476,415 | 202,009 | 5,118,980 |
| Creditors | -2,416,087 | 1,820,693 | 510,476 | -559,211 | 555,415 | -296,916 | -236,862 | 1,351,773 |
| Accruals and Deferred Income | 202,741 | -161,083 | -809,221 | 1,095,862 | 727,345 | -601,390 | 480,876 | 1,469,668 |
| Deferred Taxes & Provisions | 14,560 | -24,535 | -43,675 | 90,349 | 59,629 | -246,774 | -120,509 | 605,638 |
| Cash flow from operations | -196,117 | 3,580,502 | 2,073,543 | 1,492,181 | 245,973 | 1,953,475 | 2,023,947 | -4,286,179 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,087,370 | 51,401 | -875,377 | 721,584 | 733,423 | -588,836 | 374,726 | 1,389,905 |
| Other Short Term Loans | 157,850 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -13,506 | -15,050 | -43,700 | -62,251 | -52,866 | -39,432 | -50,466 | -83,340 |
| cash flow from financing | 1,231,714 | 36,351 | -919,077 | 659,333 | 680,557 | -628,268 | 324,260 | 5,303,801 |
| cash and cash equivalents | ||||||||
| cash | -1,712,384 | 1,121,433 | -896,643 | 2,188,525 | -1,222,175 | 1,532,214 | 439,646 | 0 |
| overdraft | 0 | -1,249,916 | -882,704 | 1,125,460 | -955,996 | 1,826,118 | -1,455,324 | 1,592,362 |
| change in cash | -1,712,384 | 2,371,349 | -13,939 | 1,063,065 | -266,179 | -293,904 | 1,894,970 | -1,592,362 |
twp (newco) 151 limited Credit Report and Business Information
Twp (newco) 151 Limited Competitor Analysis
Perform a competitor analysis for twp (newco) 151 limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in WA3 area or any other competitors across 12 key performance metrics.
twp (newco) 151 limited Ownership
TWP (NEWCO) 151 LIMITED group structure
Twp (Newco) 151 Limited has no subsidiary companies.
Ultimate parent company
TWP (NEWCO) 151 LIMITED
03404297
twp (newco) 151 limited directors
Twp (Newco) 151 Limited currently has 4 directors. The longest serving directors include Mr Godefridus Terberg (Dec 1997) and Mr Timothy Conlon (Dec 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Godefridus Terberg | 61 years | Dec 1997 | - | Director | |
| Mr Timothy Conlon | 58 years | Dec 1997 | - | Director | |
| Mr William Marzano | 59 years | Aug 2004 | - | Director | |
| Mr Robert Colby | 55 years | Mar 2014 | - | Director |
P&L
December 2016turnover
26.5m
+6%
operating profit
3.3m
+21%
gross margin
23.4%
+4.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
6.7m
-0.01%
total assets
13.2m
-0.07%
cash
1.5m
-0.54%
net assets
Total assets minus all liabilities
twp (newco) 151 limited company details
company number
03404297
Type
Private limited with Share Capital
industry
28220 - Manufacture of lifting and handling equipment
incorporation date
July 1997
age
28
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2016
previous names
terberg matec uk limited (July 2018)
cobco (217) limited (January 1998)
accountant
-
auditor
-
address
leacroft road, birchwood, warrington, cheshire, WA3 6PJ
Bank
HSBC BANK PLC
Legal Advisor
-
twp (newco) 151 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 twp (newco) 151 limited.
twp (newco) 151 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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twp (newco) 151 limited Companies House Filings - See Documents
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