Pomanda estimates the enterprise value of TRIPLECHANGE LIMITED at £569.3k based on a Turnover of £177k and 3.22x industry multiple (adjusted for size and gross margin).
triplechange limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TRIPLECHANGE LIMITED at £0 based on an EBITDA of £-9.2k and a 6.26x industry multiple (adjusted for size and gross margin).
triplechange limitedEstimated Valuation
£138.8k
Pomanda estimates the enterprise value of TRIPLECHANGE LIMITED at £138.8k based on Net Assets of £82.5k and 1.68x industry multiple (adjusted for liquidity).
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Triplechange LimitedOverview
Triplechange Limited is a live company located in halesowen, B62 0LY with a Companies House number of 03534893. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 1998, it's largest shareholder is
p.j. read
with a 100% stake. Triplechange Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£177k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Triplechange Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
4 Weak
Size
annual sales of £177k, make it smaller than the average company (£922k)
£177k - Triplechange Limited
£922k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Triplechange Limited
- - Industry AVG
Production
with a gross margin of 75.4%, this company has a comparable cost of product (75.4%)
75.4% - Triplechange Limited
75.4% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (29.3%)
-5.2% - Triplechange Limited
29.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Triplechange Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)
£32.4k - Triplechange Limited
£32.4k - Industry AVG
Efficiency
resulting in sales per employee of £177k, this is equally as efficient (£177k)
£177k - Triplechange Limited
£177k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Triplechange Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Triplechange Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Triplechange Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (11 weeks)
3 weeks - Triplechange Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.8%, this is a lower level of debt than the average (64.6%)
10.8% - Triplechange Limited
64.6% - Industry AVG
TRIPLECHANGE LIMITED financials
EXPORT
Triplechange Limited's latest turnover from March 2024 is estimated at £177 thousand and the company has net assets of £82.5 thousand. According to their latest financial statements, Triplechange Limited has 1 employee and maintains cash reserves of £692 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
177,013
168,594
145,596
23,237
22,950
15,701
19,133
16,373
57,273
Other Income Or Grants
Cost Of Sales
43,528
42,356
36,289
7,844
7,482
4,802
5,813
5,235
17,787
Gross Profit
133,486
126,238
109,307
15,393
15,469
10,899
13,320
11,139
39,486
Admin Expenses
142,717
122,987
105,480
-4,634
-5,689
-5,346
-4,334
-1,944
-3,160
9,548
8,397
5,213
7,463
1,415
-15,515
Operating Profit
-9,231
3,251
3,827
4,634
5,689
5,346
4,334
1,944
3,160
5,845
7,072
5,686
5,857
9,724
55,001
Interest Payable
Interest Receivable
35
312
60
2
2
9
10
6
8
6
6
7
5
1
Pre-Tax Profit
-9,196
3,563
3,886
4,636
5,690
5,356
4,344
1,950
3,168
5,851
7,078
5,692
5,862
9,725
55,001
Tax
-677
-738
-881
-1,081
-1,018
-825
-390
-633
-1,229
-1,628
-1,366
-1,524
-2,723
-15,400
Profit After Tax
-9,196
2,886
3,148
3,755
4,609
4,338
3,519
1,560
2,534
4,622
5,450
4,326
4,338
7,002
39,601
Dividends Paid
Retained Profit
-9,196
2,886
3,148
3,755
4,609
4,338
3,519
1,560
2,534
4,622
5,450
4,326
4,338
7,002
39,601
Employee Costs
32,393
30,378
29,726
26,060
24,787
23,980
23,982
23,381
24,760
Number Of Employees
1
1
1
1
1
1
1
1
1
EBITDA*
-9,231
3,251
3,827
4,634
5,689
5,346
4,334
1,944
3,160
5,845
7,072
5,686
5,857
9,724
55,001
* 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
89,195
85,257
67,397
67,397
67,397
67,397
67,397
67,397
67,397
67,397
63,397
63,397
63,397
63,397
63,397
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
89,195
85,257
67,397
67,397
67,397
67,397
67,397
67,397
67,397
67,397
63,397
63,397
63,397
63,397
63,397
Stock & work in progress
Trade Debtors
1,904
1,900
900
900
400
Group Debtors
7,295
20,260
20,260
29,308
19,135
11,737
5,654
Misc Debtors
2,578
141
229
8
37
829
2,663
Cash
692
623
14,072
1,823
1,785
1,315
1,138
2,894
2,115
923
1,388
886
1,735
322
79
misc current assets
total current assets
3,270
8,059
34,561
22,091
31,130
20,450
12,875
9,377
4,778
2,827
3,288
1,786
2,635
722
79
total assets
92,465
93,316
101,958
89,488
98,527
87,847
80,272
76,774
72,175
70,224
66,685
65,183
66,032
64,119
63,476
Bank overdraft
Bank loan
Trade Creditors
4,883
5,966
9,914
15,089
17,514
23,873
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
9,971
1,626
13,154
3,832
16,626
10,555
7,318
7,339
4,300
total current liabilities
9,971
1,626
13,154
3,832
16,626
10,555
7,318
7,339
4,300
4,883
5,966
9,914
15,089
17,514
23,873
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
9,971
1,626
13,154
3,832
16,626
10,555
7,318
7,339
4,300
4,883
5,966
9,914
15,089
17,514
23,873
net assets
82,494
91,690
88,804
85,656
81,901
77,292
72,954
69,435
67,875
65,341
60,719
55,269
50,943
46,605
39,603
total shareholders funds
82,494
91,690
88,804
85,656
81,901
77,292
72,954
69,435
67,875
65,341
60,719
55,269
50,943
46,605
39,603
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
-9,231
3,251
3,827
4,634
5,689
5,346
4,334
1,944
3,160
5,845
7,072
5,686
5,857
9,724
55,001
Depreciation
Amortisation
Tax
-677
-738
-881
-1,081
-1,018
-825
-390
-633
-1,229
-1,628
-1,366
-1,524
-2,723
-15,400
Stock
Debtors
-4,858
-13,053
221
-9,077
10,210
7,398
5,254
3,820
759
4
1,000
500
400
Creditors
-4,883
-1,083
-3,948
-5,175
-2,425
-6,359
23,873
Accruals and Deferred Income
8,345
-11,528
9,322
-12,794
6,071
3,237
-21
3,039
4,300
Deferred Taxes & Provisions
Cash flow from operations
3,972
4,099
12,190
36
469
167
-1,766
773
1,185
3,529
496
-855
1,408
242
63,474
Investing Activities
capital expenditure
-3,938
-17,860
-4,000
-63,397
Change in Investments
cash flow from investments
-3,938
-17,860
-4,000
-63,397
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
interest
35
312
60
2
2
9
10
6
8
6
6
7
5
1
cash flow from financing
35
312
60
2
2
9
10
6
8
6
6
7
5
1
2
cash and cash equivalents
cash
69
-13,449
12,249
38
470
177
-1,756
779
1,192
-465
502
-849
1,413
243
79
overdraft
change in cash
69
-13,449
12,249
38
470
177
-1,756
779
1,192
-465
502
-849
1,413
243
79
triplechange 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 triplechange limited. Get real-time insights into triplechange limited's credit score, group structure and payment trends.
Perform a competitor analysis for triplechange limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in B62 area or any other competitors across 12 key performance metrics.
triplechange limited Ownership
TRIPLECHANGE LIMITED group structure
Triplechange Limited has no subsidiary companies.
Ultimate parent company
TRIPLECHANGE LIMITED
03534893
TRIPLECHANGE LIMITED Shareholders
The sole shareholder of Triplechange Limited is P.J. Read.
p.j. read
100%
triplechange limited directors
Triplechange Limited currently has 1 director, Mr Philip Read serving since Apr 1998.
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 triplechange limited.
triplechange 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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triplechange limitedCompanies House Filings - See Documents
