tower services (seaton) ltd. Company Information
Company Number
03658142
Website
https://www.esso.co.ukRegistered Address
3 crescent court, western road, billericay, essex, CM12 9AQ
Industry
Dormant Company
Telephone
0129722026
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
plaistow broadway filling stations limited 100%
tower services (seaton) ltd. Estimated Valuation
Pomanda estimates the enterprise value of TOWER SERVICES (SEATON) LTD. at £0 based on a Turnover of £1.1m and 0x industry multiple (adjusted for size and gross margin).
tower services (seaton) ltd. Estimated Valuation
Pomanda estimates the enterprise value of TOWER SERVICES (SEATON) LTD. at £0 based on an EBITDA of £343.3k and a 0x industry multiple (adjusted for size and gross margin).
tower services (seaton) ltd. Estimated Valuation
Pomanda estimates the enterprise value of TOWER SERVICES (SEATON) LTD. at £0 based on Net Assets of £279.6k and 0x industry multiple (adjusted for liquidity).
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Tower Services (seaton) Ltd. Overview
Tower Services (seaton) Ltd. is a live company located in billericay, CM12 9AQ with a Companies House number of 03658142. It operates in the dormant company sector, SIC Code 99999. Founded in October 1998, it's largest shareholder is plaistow broadway filling stations limited with a 100% stake. Tower Services (seaton) Ltd. is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.
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Tower Services (seaton) Ltd. Health Check
Pomanda's financial health check has awarded Tower Services (Seaton) Ltd. a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£5.5m)
- Tower Services (seaton) Ltd.
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (4.6%)
- Tower Services (seaton) Ltd.
4.6% - Industry AVG
Production
with a gross margin of 18.3%, this company has a higher cost of product (33.7%)
- Tower Services (seaton) Ltd.
33.7% - Industry AVG
Profitability
an operating margin of 30.2% make it more profitable than the average company (4.5%)
- Tower Services (seaton) Ltd.
4.5% - Industry AVG
Employees
with 14 employees, this is below the industry average (55)
14 - Tower Services (seaton) Ltd.
55 - Industry AVG
Pay Structure
on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)
- Tower Services (seaton) Ltd.
£39.1k - Industry AVG
Efficiency
resulting in sales per employee of £79.3k, this is less efficient (£166.1k)
- Tower Services (seaton) Ltd.
£166.1k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is near the average (37 days)
- Tower Services (seaton) Ltd.
37 days - Industry AVG
Creditor Days
its suppliers are paid after 289 days, this is slower than average (39 days)
- Tower Services (seaton) Ltd.
39 days - Industry AVG
Stock Days
it holds stock equivalent to 54 days, this is more than average (45 days)
- Tower Services (seaton) Ltd.
45 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (17 weeks)
34 weeks - Tower Services (seaton) Ltd.
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.4%, this is a similar level of debt than the average (71.6%)
72.4% - Tower Services (seaton) Ltd.
71.6% - Industry AVG
TOWER SERVICES (SEATON) LTD. financials
Tower Services (Seaton) Ltd.'s latest turnover from March 2023 is estimated at £1.1 million and the company has net assets of £279.6 thousand. According to their latest financial statements, Tower Services (Seaton) Ltd. has 14 employees and maintains cash reserves of £470.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 14 | 11 | 10 | 6 | 10 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 55,194 | 56,284 | 69,359 | 76,508 | 74,942 | 84,665 | 83,060 | 8,791 | 9,801 | 10,450 | 12,294 | 14,464 | 17,016 | 12,812 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,000 | 24,000 | 36,000 | 48,000 | 60,000 | 72,000 |
Investments & Other | 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 |
Total Fixed Assets | 55,194 | 0 | 69,359 | 76,508 | 74,942 | 84,665 | 83,060 | 8,791 | 21,801 | 34,450 | 48,294 | 62,464 | 77,016 | 84,812 |
Stock & work in progress | 136,420 | 0 | 77,245 | 76,197 | 100,363 | 0 | 0 | 77,258 | 63,209 | 115,637 | 117,424 | 116,270 | 109,035 | 112,464 |
Trade Debtors | 110,778 | 0 | 0 | 0 | 0 | 226,279 | 155,075 | 15,027 | 10,458 | 17,642 | 11,327 | 11,983 | 18,271 | 18,711 |
Group Debtors | 226,611 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 11,781 | 1,316 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 470,896 | 3,605 | 200,922 | 257,117 | 187,254 | 0 | 0 | 231,924 | 159,462 | 107,905 | 90,336 | 129,547 | 103,754 | 76,743 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 956,486 | 6,694 | 278,167 | 333,314 | 287,617 | 226,279 | 155,075 | 324,209 | 233,129 | 241,184 | 219,087 | 257,800 | 231,060 | 207,918 |
total assets | 1,011,680 | 6,694 | 347,526 | 409,822 | 362,559 | 310,944 | 238,135 | 333,000 | 254,930 | 275,634 | 267,381 | 320,264 | 308,076 | 292,730 |
Bank overdraft | 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 |
Trade Creditors | 719,756 | 100 | 93,754 | 77,966 | 78,479 | 172,451 | 121,368 | 295,872 | 251,315 | 262,819 | 107,533 | 122,787 | 177,679 | 157,407 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 89,802 | 65,860 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 133,718 | 126,098 | 207,941 | 142,230 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 719,756 | 6,693 | 219,852 | 285,907 | 220,709 | 172,451 | 121,368 | 295,872 | 251,315 | 262,819 | 197,335 | 188,647 | 177,679 | 157,407 |
loans | 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 |
Accruals and Deferred Income | 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 |
provisions | 12,318 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 12,318 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 732,074 | 6,693 | 219,852 | 285,907 | 220,709 | 172,451 | 121,368 | 295,872 | 251,315 | 262,819 | 197,335 | 188,647 | 177,679 | 157,407 |
net assets | 279,606 | 1 | 127,674 | 123,915 | 141,850 | 138,493 | 116,767 | 37,128 | 3,615 | 12,815 | 70,046 | 131,617 | 130,397 | 135,323 |
total shareholders funds | 279,606 | 1 | 127,674 | 123,915 | 141,850 | 138,493 | 116,767 | 37,128 | 3,615 | 12,815 | 70,046 | 131,617 | 130,397 | 135,323 |
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 | ||||||||||||||
Depreciation | 8,345 | 0 | 12,242 | 13,502 | 1,552 | 1,745 | 1,844 | 2,170 | 2,552 | 3,003 | 2,261 | |||
Amortisation | 0 | 0 | 0 | 0 | 12,000 | 0 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | |||
Tax | ||||||||||||||
Stock | 136,420 | -77,245 | 1,048 | -24,166 | 100,363 | 0 | -77,258 | 14,049 | -52,428 | -1,787 | 1,154 | 7,235 | -3,429 | 112,464 |
Debtors | 347,854 | 1,316 | 0 | 0 | -226,279 | 71,204 | 140,048 | 4,569 | -7,184 | 6,315 | -656 | -6,288 | -440 | 18,711 |
Creditors | 719,656 | -93,654 | 15,788 | -513 | -93,972 | 51,083 | -174,504 | 44,557 | -11,504 | 155,286 | -15,254 | -54,892 | 20,272 | 157,407 |
Accruals and Deferred Income | -133,718 | 7,620 | -81,843 | 65,711 | 142,230 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 12,318 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 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 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -89,802 | 23,942 | 65,860 | 0 | 0 |
Other Short Term Loans | 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 |
Hire Purchase and Lease Commitments | 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 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 467,291 | -197,317 | -56,195 | 69,863 | 187,254 | 0 | -231,924 | 72,462 | 51,557 | 17,569 | -39,211 | 25,793 | 27,011 | 76,743 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 467,291 | -197,317 | -56,195 | 69,863 | 187,254 | 0 | -231,924 | 72,462 | 51,557 | 17,569 | -39,211 | 25,793 | 27,011 | 76,743 |
tower services (seaton) ltd. Credit Report and Business Information
Tower Services (seaton) Ltd. Competitor Analysis
Perform a competitor analysis for tower services (seaton) ltd. by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other small companies, companies in CM12 area or any other competitors across 12 key performance metrics.
tower services (seaton) ltd. Ownership
TOWER SERVICES (SEATON) LTD. group structure
Tower Services (Seaton) Ltd. has no subsidiary companies.
Ultimate parent company
1 parent
TOWER SERVICES (SEATON) LTD.
03658142
tower services (seaton) ltd. directors
Tower Services (Seaton) Ltd. currently has 2 directors. The longest serving directors include Mr Daniel Panormo (Dec 2022) and Mr Liam Panormo (Dec 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Daniel Panormo | United Kingdom | 49 years | Dec 2022 | - | Director |
Mr Liam Panormo | United Kingdom | 44 years | Dec 2022 | - | Director |
P&L
March 2023turnover
1.1m
+374560%
operating profit
335k
0%
gross margin
18.3%
-3.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
279.6k
+279605%
total assets
1m
+150.13%
cash
470.9k
+129.62%
net assets
Total assets minus all liabilities
tower services (seaton) ltd. company details
company number
03658142
Type
Private limited with Share Capital
industry
99999 - Dormant Company
incorporation date
October 1998
age
26
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2023
previous names
N/A
accountant
MENZIES LLP
auditor
-
address
3 crescent court, western road, billericay, essex, CM12 9AQ
Bank
-
Legal Advisor
-
tower services (seaton) ltd. 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 2 charges/mortgages relating to tower services (seaton) ltd.. Currently there are 0 open charges and 2 have been satisfied in the past.
tower services (seaton) ltd. Companies House Filings - See Documents
date | description | view/download |
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