thurston group estates limited
thurston group estates limited Company Information
Company Number
03591730
Website
www.thurstongroup.co.ukRegistered Address
quarry hill industrial estate, hawking croft road horbury, wakefield, west yorkshire, WF4 6AJ
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
03335770883
Next Accounts Due
July 2024
Group Structure
View All
Shareholders
thurston holdings limited 100%
thurston group estates limited Estimated Valuation
Pomanda estimates the enterprise value of THURSTON GROUP ESTATES LIMITED at £553.8k based on a Turnover of £250k and 2.22x industry multiple (adjusted for size and gross margin).
thurston group estates limited Estimated Valuation
Pomanda estimates the enterprise value of THURSTON GROUP ESTATES LIMITED at £1.2m based on an EBITDA of £207.9k and a 5.82x industry multiple (adjusted for size and gross margin).
thurston group estates limited Estimated Valuation
Pomanda estimates the enterprise value of THURSTON GROUP ESTATES LIMITED at £9.2m based on Net Assets of £5.6m and 1.66x industry multiple (adjusted for liquidity).
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Thurston Group Estates Limited Overview
Thurston Group Estates Limited is a live company located in wakefield, WF4 6AJ with a Companies House number of 03591730. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 1998, it's largest shareholder is thurston holdings limited with a 100% stake. Thurston Group Estates Limited is a mature, micro sized company, Pomanda has estimated its turnover at £250k with declining growth in recent years.
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Thurston Group Estates Limited Health Check
Pomanda's financial health check has awarded Thurston Group Estates Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £250k, make it smaller than the average company (£9.1m)
£250k - Thurston Group Estates Limited
£9.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -80%, show it is growing at a slower rate (3.3%)
-80% - Thurston Group Estates Limited
3.3% - Industry AVG
Production
with a gross margin of 53.4%, this company has a comparable cost of product (53.4%)
53.4% - Thurston Group Estates Limited
53.4% - Industry AVG
Profitability
an operating margin of 83.1% make it more profitable than the average company (24.8%)
83.1% - Thurston Group Estates Limited
24.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (54)
- Thurston Group Estates Limited
54 - Industry AVG
Pay Structure
on an average salary of £35.1k, the company has an equivalent pay structure (£35.1k)
- Thurston Group Estates Limited
£35.1k - Industry AVG
Efficiency
resulting in sales per employee of £125k, this is less efficient (£164.3k)
- Thurston Group Estates Limited
£164.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Thurston Group Estates Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (43 days)
3 days - Thurston Group Estates Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Thurston Group Estates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Thurston Group Estates Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.7%, this is a lower level of debt than the average (67.8%)
37.7% - Thurston Group Estates Limited
67.8% - Industry AVG
thurston group estates limited Credit Report and Business Information
Thurston Group Estates Limited Competitor Analysis
Perform a competitor analysis for thurston group estates limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
thurston group estates limited Ownership
THURSTON GROUP ESTATES LIMITED group structure
Thurston Group Estates Limited has no subsidiary companies.
Ultimate parent company
1 parent
THURSTON GROUP ESTATES LIMITED
03591730
thurston group estates limited directors
Thurston Group Estates Limited currently has 2 directors. The longest serving directors include Mr Matthew Goff (Sep 2021) and Mr Nicholas Petrovic (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Goff | 41 years | Sep 2021 | - | Director | |
| Mr Nicholas Petrovic | England | 41 years | Jun 2023 | - | Director |
THURSTON GROUP ESTATES LIMITED financials
Thurston Group Estates Limited's latest turnover from October 2022 is £250 thousand and the company has net assets of £5.6 million. According to their latest financial statements, we estimate that Thurston Group Estates Limited has 2 employees and maintains cash reserves of £27 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 250,000 | 216,667 | 130,000 | 32,958,632 | 24,209,334 | 25,739,534 | 24,760,373 | 21,145,714 | 17,764,965 | 21,232,670 | 29,034,353 | 18,623,566 | 17,943,357 | 21,124,967 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 27,428,147 | 20,247,416 | 19,267,562 | 19,128,331 | 16,611,462 | 13,816,277 | 16,927,955 | 25,008,842 | 15,547,980 | 13,839,627 | 16,870,643 | |||
| Gross Profit | 5,530,485 | 3,961,918 | 6,471,972 | 5,632,042 | 4,534,252 | 3,948,688 | 4,304,715 | 4,025,511 | 3,075,586 | 4,103,730 | 4,254,324 | |||
| Admin Expenses | 3,647,478 | 2,932,141 | 3,749,328 | 3,534,462 | 3,772,762 | 3,548,846 | 3,724,893 | 3,895,939 | 3,064,261 | 3,235,148 | 3,671,010 | |||
| Operating Profit | 207,851 | 222,635 | 129,953 | 1,883,007 | 1,029,777 | 2,722,644 | 2,097,580 | 761,490 | 399,842 | 579,822 | 129,572 | 11,325 | 868,582 | 583,314 |
| Interest Payable | 79,063 | 0 | 11,886 | 11,899 | 12,089 | 195 | 1,536 | 9,145 | 9,062 | 48,905 | 79,453 | 38,408 | 5,353 | 6,015 |
| Interest Receivable | 0 | 1,587 | 1,137,250 | 2,458 | 2 | 1,733 | 605 | 1,773 | 16,991 | 45,646 | 67,072 | 65,369 | 5,743 | 17,739 |
| Pre-Tax Profit | 130,368 | 37,222 | 1,255,317 | 1,873,566 | 1,017,690 | 2,724,182 | 2,096,649 | 754,118 | 407,771 | 576,563 | 117,191 | 38,286 | 15,277 | 595,038 |
| Tax | -3,964 | -7,071 | -28,601 | -87,430 | -54,168 | -339,086 | -487,098 | -125,732 | -62,884 | -117,137 | -21,861 | -8,769 | -62,568 | -157,505 |
| Profit After Tax | 126,404 | 30,151 | 1,226,716 | 1,786,136 | 963,522 | 2,385,096 | 1,609,551 | 628,386 | 344,887 | 459,426 | 95,330 | 29,517 | -47,291 | 437,533 |
| Dividends Paid | 0 | 0 | 455,500 | 200,420 | 200,420 | 220,462 | 320,672 | 39,956 | 0 | 0 | 0 | 0 | 683,250 | 227,750 |
| Retained Profit | 126,404 | 30,151 | 771,216 | 1,585,716 | 763,102 | 2,164,634 | 1,288,879 | 588,430 | 344,887 | 459,426 | 95,330 | 29,517 | -730,541 | 209,783 |
| Employee Costs | 9,429,871 | 7,808,985 | 7,764,834 | 7,805,513 | 6,944,062 | 6,257,616 | 6,309,822 | 8,513,270 | 6,346,119 | 6,344,997 | 6,515,662 | |||
| Number Of Employees | 242 | 220 | 221 | 226 | 211 | 197 | 209 | 229 | 183 | 194 | 204 | |||
| EBITDA* | 207,851 | 222,635 | 439,918 | 2,145,454 | 1,198,821 | 2,853,858 | 2,246,785 | 902,956 | 544,479 | 719,442 | 148,904 | 162,441 | 1,074,556 | 834,351 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 3,533,023 | 3,392,951 | 2,172,593 | 2,180,901 | 1,761,585 | 1,807,635 | 1,890,660 | 1,994,378 | 2,128,031 | 1,944,907 | 2,131,996 |
| Intangible Assets | 0 | 0 | 0 | 15,786 | 25,414 | 33,231 | 24,460 | 23,286 | 0 | -10,523 | -21,048 | -21,573 | 20,000 | 30,000 |
| Investments & Other | 5,605,400 | 4,855,400 | 4,868,205 | 0 | 0 | 0 | 0 | 0 | -174,194 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,605,400 | 4,855,400 | 4,868,205 | 3,548,809 | 3,418,365 | 2,205,824 | 2,205,361 | 1,784,871 | 1,633,441 | 1,880,137 | 1,973,330 | 2,106,458 | 1,964,907 | 2,161,996 |
| Stock & work in progress | 0 | 0 | 0 | 2,653,107 | 3,029,658 | 1,551,439 | 2,229,275 | 1,804,602 | 916,276 | 1,465,973 | 1,163,161 | 2,286,584 | 493,830 | 445,751 |
| Trade Debtors | 0 | 0 | 0 | 5,833,616 | 5,199,951 | 5,252,362 | 5,594,458 | 4,585,185 | 4,273,533 | 4,885,561 | 6,341,727 | 6,467,848 | 4,508,216 | 2,149,946 |
| Group Debtors | 1,361,253 | 1,354,445 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,954,597 | 0 | 0 | 3,399,490 | 965,041 | 80,189 | 336,874 | 404,417 | 640,708 | 567,509 | 1,147,782 | 873,453 | 468,081 | 1,259,570 |
| Cash | 26,995 | 0 | 1,161,031 | 5,631,270 | 3,619,736 | 5,011,242 | 2,209,900 | 1,292,902 | 562,659 | 252,887 | 81,981 | 80,609 | 630,264 | 3,743,529 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,342,845 | 1,354,445 | 1,161,031 | 17,517,483 | 12,814,386 | 11,895,232 | 10,370,507 | 8,087,106 | 6,393,176 | 7,171,930 | 8,734,651 | 9,708,494 | 6,100,391 | 7,598,796 |
| total assets | 8,948,245 | 6,209,845 | 6,029,236 | 21,066,292 | 16,232,751 | 14,101,056 | 12,575,868 | 9,871,977 | 8,026,617 | 9,052,067 | 10,707,981 | 11,814,952 | 8,065,298 | 9,760,792 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45,870 | 609,790 | 940,128 | 0 | 19,240 |
| Bank loan | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,020 | 0 | 0 | 7,414,736 | 5,172,005 | 3,571,358 | 3,889,425 | 4,009,399 | 3,419,979 | 3,648,108 | 4,816,813 | 5,807,518 | 2,875,907 | 4,072,588 |
| Group/Directors Accounts | 1,464,281 | 708,931 | 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 |
| hp & lease commitments | 0 | 0 | 0 | 22,537 | 0 | 0 | 0 | 4,534 | 4,534 | 165,693 | 393,343 | 790,783 | 7,000 | 42,000 |
| other current liabilities | 43,843 | 51,182 | 60,462 | 3,366,161 | 2,493,150 | 2,731,833 | 2,867,417 | 1,868,789 | 1,358,243 | 2,114,695 | 2,189,012 | 1,762,643 | 2,698,029 | 2,555,253 |
| total current liabilities | 1,529,144 | 760,113 | 60,462 | 10,803,434 | 7,665,155 | 6,303,191 | 6,756,842 | 5,882,722 | 4,782,756 | 5,974,366 | 8,008,958 | 9,301,072 | 5,580,936 | 6,689,081 |
| loans | 1,843,665 | 0 | 237,711 | 237,711 | 237,711 | 0 | 0 | 0 | 415,500 | 415,500 | 415,500 | 415,500 | 415,500 | 439,500 |
| hp & lease commitments | 0 | 0 | 0 | 80,282 | 0 | 0 | 0 | 0 | 4,534 | 9,067 | 89,813 | 0 | 0 | 7,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 174,194 | 174,194 | 174,194 | 174,194 | 174,194 | 0 | 174,194 | 174,194 | 174,194 | 174,194 | 0 |
| provisions | 3,250 | 3,950 | 36,062 | 83,266 | 54,003 | 47,374 | 233,169 | 169,861 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,846,915 | 3,950 | 273,773 | 575,453 | 465,908 | 221,568 | 407,363 | 344,055 | 420,034 | 598,761 | 679,507 | 589,694 | 589,694 | 446,500 |
| total liabilities | 3,376,059 | 764,063 | 334,235 | 11,378,887 | 8,131,063 | 6,524,759 | 7,164,205 | 6,226,777 | 5,202,790 | 6,573,127 | 8,688,465 | 9,890,766 | 6,170,630 | 7,135,581 |
| net assets | 5,572,186 | 5,445,782 | 5,695,001 | 9,687,405 | 8,101,688 | 7,576,297 | 5,411,663 | 3,645,200 | 2,823,827 | 2,478,940 | 2,019,516 | 1,924,186 | 1,894,668 | 2,625,211 |
| total shareholders funds | 5,572,186 | 5,445,782 | 5,695,001 | 9,687,405 | 8,101,688 | 7,576,297 | 5,411,663 | 3,645,200 | 2,823,827 | 2,478,940 | 2,019,516 | 1,924,186 | 1,894,668 | 2,625,211 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 207,851 | 222,635 | 129,953 | 1,883,007 | 1,029,777 | 2,722,644 | 2,097,580 | 761,490 | 399,842 | 579,822 | 129,572 | 11,325 | 868,582 | 583,314 |
| Depreciation | 0 | 0 | 303,072 | 251,819 | 158,377 | 123,985 | 142,247 | 141,466 | 134,114 | 129,095 | 18,807 | 150,591 | 195,974 | 241,037 |
| Amortisation | 0 | 0 | 6,893 | 10,628 | 10,667 | 7,229 | 6,958 | 0 | 10,523 | 10,525 | 525 | 525 | 10,000 | 10,000 |
| Tax | -3,964 | -7,071 | -28,601 | -87,430 | -54,168 | -339,086 | -487,098 | -125,732 | -62,884 | -117,137 | -21,861 | -8,769 | -62,568 | -157,505 |
| Stock | 0 | 0 | -2,653,107 | -376,551 | 1,478,219 | -677,836 | 424,673 | 888,326 | -549,697 | 302,812 | -1,123,423 | 1,792,754 | 48,079 | 445,751 |
| Debtors | 1,961,405 | 1,354,445 | -9,233,106 | 3,068,114 | 832,441 | -598,781 | 941,730 | 75,361 | -538,829 | -2,036,439 | 148,208 | 2,365,004 | 1,566,781 | 3,409,516 |
| Creditors | 1,020 | 0 | -7,414,736 | 2,242,731 | 1,600,647 | -318,067 | -119,974 | 589,420 | -228,129 | -1,168,705 | -990,705 | 2,931,611 | -1,196,681 | 4,072,588 |
| Accruals and Deferred Income | -7,339 | -9,280 | -3,305,699 | 873,011 | -238,683 | -135,584 | 998,628 | 510,546 | -756,452 | -74,317 | 426,369 | -935,386 | 142,776 | 2,555,253 |
| Deferred Taxes & Provisions | -700 | -32,112 | -47,204 | 29,263 | 6,629 | -185,795 | 63,308 | 169,861 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,764,537 | -1,180,273 | 1,529,891 | 2,511,466 | 202,586 | 3,151,943 | 1,335,246 | 1,083,364 | 585,540 | 1,092,910 | 537,922 | -2,007,861 | -1,656,777 | 3,449,420 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | -1,372,902 | -132,574 | -92,111 | -116,619 | -50,714 | -20,609 | -14,296 | -238,836 | -5,605 | -67,502 | |||
| Change in Investments | 750,000 | -12,805 | 4,868,205 | 0 | 0 | 0 | 0 | 174,194 | -174,194 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | -1,372,902 | -132,574 | -92,111 | -290,813 | 123,480 | -20,609 | -14,296 | -238,836 | -5,605 | -67,502 | |||
| Financing Activities | ||||||||||||||
| Bank loans | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 755,350 | 708,931 | 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 |
| Long term loans | 1,843,665 | -237,711 | 0 | 0 | 237,711 | 0 | 0 | -415,500 | 0 | 0 | 0 | 0 | -24,000 | 439,500 |
| Hire Purchase and Lease Commitments | 0 | 0 | -102,819 | 102,819 | 0 | 0 | -4,534 | -4,534 | -165,692 | -308,396 | -307,627 | 783,783 | -42,000 | 49,000 |
| other long term liabilities | 0 | 0 | -174,194 | 0 | 0 | 0 | 0 | 174,194 | -174,194 | 0 | 0 | 0 | 174,194 | 0 |
| share issue | ||||||||||||||
| interest | -79,063 | 1,587 | 1,125,364 | -9,441 | -12,087 | 1,538 | -931 | -7,372 | 7,929 | -3,259 | -12,381 | 26,961 | 390 | 11,724 |
| cash flow from financing | 2,539,952 | 193,437 | -3,915,269 | 93,379 | -12,087 | 1,538 | 472,119 | -20,269 | -331,957 | -311,657 | -320,008 | 810,745 | 108,582 | 2,915,652 |
| cash and cash equivalents | ||||||||||||||
| cash | 26,995 | -1,161,031 | -4,470,239 | 2,011,534 | -1,391,506 | 2,801,342 | 916,998 | 730,243 | 309,772 | 170,906 | 1,372 | -549,655 | -3,113,265 | 3,743,529 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -45,870 | -563,920 | -330,338 | 940,128 | -19,240 | 19,240 |
| change in cash | 26,995 | -1,161,031 | -4,470,239 | 2,011,534 | -1,391,506 | 2,801,342 | 916,998 | 730,243 | 355,642 | 734,826 | 331,710 | -1,489,783 | -3,094,025 | 3,724,289 |
P&L
October 2022turnover
250k
+15%
operating profit
207.9k
-7%
gross margin
53.5%
+3.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
5.6m
+0.02%
total assets
8.9m
+0.44%
cash
27k
0%
net assets
Total assets minus all liabilities
thurston group estates limited company details
company number
03591730
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
July 1998
age
26
accounts
Full Accounts
ultimate parent company
previous names
thurston holdings limited (October 2021)
vibrant search limited (September 1998)
incorporated
UK
address
quarry hill industrial estate, hawking croft road horbury, wakefield, west yorkshire, WF4 6AJ
last accounts submitted
October 2022
thurston group estates 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 8 charges/mortgages relating to thurston group estates limited. Currently there are 4 open charges and 4 have been satisfied in the past.
thurston group estates limited Companies House Filings - See Documents
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