torus measurement systems limitedEstimated Valuation
£10.1m
Pomanda estimates the enterprise value of TORUS MEASUREMENT SYSTEMS LIMITED at £10.1m based on a Turnover of £12.9m and 0.78x industry multiple (adjusted for size and gross margin).
torus measurement systems limitedEstimated Valuation
£9.8m
Pomanda estimates the enterprise value of TORUS MEASUREMENT SYSTEMS LIMITED at £9.8m based on an EBITDA of £1.7m and a 5.83x industry multiple (adjusted for size and gross margin).
torus measurement systems limitedEstimated Valuation
£25m
Pomanda estimates the enterprise value of TORUS MEASUREMENT SYSTEMS LIMITED at £25m based on Net Assets of £11.3m and 2.21x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Torus Measurement Systems LimitedOverview
Torus Measurement Systems Limited is a live company located in telford, TF3 3AJ with a Companies House number of 03761292. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in April 1999, it's largest shareholder is
torus technology group ltd
with a 100% stake. Torus Measurement Systems Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£12.9m with
low
growth in recent years.
Pomanda's financial health check has awarded Torus Measurement Systems Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
3 Weak
Size
annual sales of £12.9m, make it in line with the average company (£13.3m)
£12.9m - Torus Measurement Systems Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (9.8%)
3% - Torus Measurement Systems Limited
9.8% - Industry AVG
Production
with a gross margin of 39.3%, this company has a lower cost of product (32.3%)
39.3% - Torus Measurement Systems Limited
32.3% - Industry AVG
Profitability
an operating margin of 10.5% make it more profitable than the average company (7%)
10.5% - Torus Measurement Systems Limited
7% - Industry AVG
Employees
with 108 employees, this is above the industry average (71)
108 - Torus Measurement Systems Limited
71 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has an equivalent pay structure (£52k)
£44.8k - Torus Measurement Systems Limited
£52k - Industry AVG
Efficiency
resulting in sales per employee of £119.6k, this is less efficient (£189.7k)
£119.6k - Torus Measurement Systems Limited
£189.7k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is earlier than average (57 days)
39 days - Torus Measurement Systems Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (41 days)
46 days - Torus Measurement Systems Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 245 days, this is more than average (88 days)
245 days - Torus Measurement Systems Limited
88 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 51 weeks, this is more cash available to meet short term requirements (15 weeks)
51 weeks - Torus Measurement Systems Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.7%, this is a lower level of debt than the average (46.6%)
25.7% - Torus Measurement Systems Limited
46.6% - Industry AVG
TORUS MEASUREMENT SYSTEMS LIMITED financials
EXPORT
Torus Measurement Systems Limited's latest turnover from June 2024 is £12.9 million and the company has net assets of £11.3 million. According to their latest financial statements, Torus Measurement Systems Limited has 108 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
12,911,854
17,046,254
13,985,168
11,662,424
10,080,377
9,492,531
9,972,428
8,555,497
10,117,194
9,210,847
7,008,573
9,164,030
7,186,725
6,043,128
6,067,888
Other Income Or Grants
Cost Of Sales
7,834,622
10,416,383
8,892,293
7,403,905
6,443,968
6,078,279
5,606,452
5,098,193
5,527,317
5,410,787
4,320,384
5,050,338
4,140,958
3,564,895
3,532,070
Gross Profit
5,077,232
6,629,871
5,092,875
4,258,519
3,636,409
3,414,252
4,365,976
3,457,304
4,589,877
3,800,060
2,688,189
4,113,692
3,045,767
2,478,233
2,535,818
Admin Expenses
3,728,127
3,539,961
2,999,073
3,358,562
2,541,543
2,258,056
2,857,183
2,305,532
1,972,965
2,018,950
2,335,207
1,993,942
1,997,032
1,635,757
1,765,835
Operating Profit
1,349,105
3,089,910
2,093,802
899,957
1,094,866
1,156,196
1,508,793
1,151,772
2,616,912
1,781,110
352,982
2,119,750
1,048,735
842,476
769,983
Interest Payable
28,694
44,315
45,801
5,037
2,755
23,976
87,100
139,390
165,246
142,826
45,524
19,001
20,502
20,401
19,526
Interest Receivable
147,110
44,938
2,028
10,798
4,401
6,917
Pre-Tax Profit
1,467,521
3,090,533
2,050,029
905,718
1,096,512
1,139,137
1,421,693
1,012,382
2,451,666
1,638,284
307,458
2,100,749
1,028,233
822,075
750,457
Tax
-154,701
-353,200
-359,703
-145,432
-170,963
-169,084
-200,714
-4,099
-422,299
-194,385
-81,353
-505,286
-230,457
233,362
107,437
Profit After Tax
1,312,820
2,737,333
1,690,326
760,286
925,549
970,053
1,220,979
1,008,283
2,029,367
1,443,899
226,105
1,595,463
797,776
1,055,437
857,894
Dividends Paid
600,000
1,700,000
750,000
655,000
745,000
250,000
650,000
4,586,573
Retained Profit
1,312,820
2,137,333
-9,674
10,286
270,549
225,053
970,979
358,283
2,029,367
1,443,899
-4,360,468
1,595,463
797,776
1,055,437
857,894
Employee Costs
4,836,980
4,913,365
4,401,004
3,888,233
3,723,372
3,432,381
3,399,748
2,906,971
2,963,292
2,804,303
3,038,354
2,332,883
2,127,712
1,934,632
1,744,755
Number Of Employees
108
101
93
90
84
81
80
69
63
65
64
59
54
51
49
EBITDA*
1,681,140
3,384,486
2,453,281
1,277,476
1,393,732
1,303,346
1,667,282
1,324,648
2,761,291
1,882,639
424,248
2,187,056
1,112,252
902,151
839,552
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
3,536,387
3,501,547
3,479,805
2,166,275
2,218,546
2,271,430
2,450,682
2,485,078
2,611,877
1,862,835
1,184,703
1,172,328
1,145,696
1,105,464
1,126,756
Intangible Assets
1,237,800
1,116,201
1,097,835
1,001,242
1,074,060
894,113
Investments & Other
599,775
695
695
695
695
695
695
695
695
695
695
695
695
695
695
Debtors (Due After 1 year)
Total Fixed Assets
5,373,962
4,618,443
4,578,335
3,168,212
3,293,301
3,166,238
2,451,377
2,485,773
2,612,572
1,863,530
1,185,398
1,173,023
1,146,391
1,106,159
1,127,451
Stock & work in progress
5,276,042
4,982,618
3,464,219
3,466,775
2,888,229
2,426,975
2,935,661
1,990,042
1,838,979
1,924,587
1,610,571
1,030,639
1,260,652
1,094,453
728,880
Trade Debtors
1,380,972
3,591,410
1,899,916
2,038,641
790,500
716,581
1,752,826
1,592,941
1,517,594
1,695,033
996,431
1,264,881
994,396
1,096,279
1,317,088
Group Debtors
12,743
1,135,298
1,771,301
1,177,770
863,455
1,792,837
744,792
989,670
633,231
573,398
214,647
525,608
428,643
192,614
310,677
Misc Debtors
282,820
243,439
510,901
309,356
410,136
263,887
131,925
198,774
135,980
160,385
192,845
108,160
132,573
107,929
64,655
Cash
2,858,492
292,189
2,970,424
2,009,002
2,315,480
1,448,093
2,333,524
2,462,551
3,682,430
2,564,789
2,107,549
4,899,016
3,739,284
2,921,762
1,914,932
misc current assets
total current assets
9,811,069
10,244,954
10,616,761
9,001,544
7,267,800
6,648,373
7,898,728
7,233,978
7,808,214
6,918,192
5,122,043
7,828,304
6,555,548
5,413,037
4,336,232
total assets
15,185,031
14,863,397
15,195,096
12,169,756
10,561,101
9,814,611
10,350,105
9,719,751
10,420,786
8,781,722
6,307,441
9,001,327
7,701,939
6,519,196
5,463,683
Bank overdraft
Bank loan
100,000
193,008
1,433,804
416,667
4,195
98,178
95,682
95,682
95,682
83,624
81,156
79,021
76,728
Trade Creditors
1,004,657
824,453
1,457,221
964,328
720,561
803,614
467,952
683,511
406,950
628,863
727,716
431,585
549,548
411,445
512,272
Group/Directors Accounts
1,001
12,983
57,410
41,732
295,607
226,245
12,410
28,478
other short term finances
116,042
93,920
93,920
hp & lease commitments
18,146
13,286
19,928
27,681
29,513
14,141
14,141
50,207
59,767
59,767
9,560
7,200
7,200
9,700
12,200
other current liabilities
1,749,010
2,822,019
4,073,973
2,075,211
1,740,377
1,279,667
1,929,607
1,185,576
1,773,477
1,737,568
1,039,725
1,132,428
1,009,549
874,029
657,869
total current liabilities
2,872,814
3,865,749
6,984,926
3,541,297
2,532,183
2,101,617
2,805,485
2,014,976
2,451,918
2,615,800
1,954,545
1,652,369
1,871,563
1,384,312
1,210,819
loans
691,540
791,540
125,000
583,333
843,965
1,383,088
1,585,093
1,772,207
448,014
520,320
607,656
765,000
hp & lease commitments
73,329
1,257
14,150
33,003
57,776
35,352
49,493
341,632
403,790
463,557
31,070
7,200
14,400
24,100
Accruals and Deferred Income
other liabilities
provisions
263,465
233,788
237,290
168,719
138,024
115,073
157,611
152,641
173,736
138,385
14,630
5,487
2,862
10,610
16,983
total long term liabilities
1,028,334
1,026,585
376,440
785,055
195,800
150,425
207,104
1,338,238
1,960,614
2,187,035
1,817,907
453,501
530,382
632,666
806,083
total liabilities
3,901,148
4,892,334
7,361,366
4,326,352
2,727,983
2,252,042
3,012,589
3,353,214
4,412,532
4,802,835
3,772,452
2,105,870
2,401,945
2,016,978
2,016,902
net assets
11,283,883
9,971,063
7,833,730
7,843,404
7,833,118
7,562,569
7,337,516
6,366,537
6,008,254
3,978,887
2,534,989
6,895,457
5,299,994
4,502,218
3,446,781
total shareholders funds
11,283,883
9,971,063
7,833,730
7,843,404
7,833,118
7,562,569
7,337,516
6,366,537
6,008,254
3,978,887
2,534,989
6,895,457
5,299,994
4,502,218
3,446,781
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
1,349,105
3,089,910
2,093,802
899,957
1,094,866
1,156,196
1,508,793
1,151,772
2,616,912
1,781,110
352,982
2,119,750
1,048,735
842,476
769,983
Depreciation
122,019
116,825
91,869
113,624
120,774
84,707
158,489
172,876
144,379
101,529
71,266
67,306
63,517
59,675
69,569
Amortisation
210,016
177,751
267,610
263,895
178,092
62,443
Tax
-154,701
-353,200
-359,703
-145,432
-170,963
-169,084
-200,714
-4,099
-422,299
-194,385
-81,353
-505,286
-230,457
233,362
107,437
Stock
293,424
1,518,399
-2,556
578,546
461,254
-508,686
945,619
151,063
-85,608
314,016
579,932
-230,013
166,199
365,573
728,880
Debtors
-3,293,612
788,029
656,351
1,461,676
-709,214
143,762
-151,842
494,580
-142,011
1,024,893
-494,726
343,037
158,790
-295,598
1,692,420
Creditors
180,204
-632,768
492,893
243,767
-83,053
335,662
-215,559
276,561
-221,913
-98,853
296,131
-117,963
138,103
-100,827
512,272
Accruals and Deferred Income
-1,073,009
-1,251,954
1,998,762
334,834
460,710
-649,940
744,031
-587,901
35,909
697,843
-92,703
122,879
135,520
216,160
657,869
Deferred Taxes & Provisions
29,677
-3,502
68,571
30,695
22,951
-42,538
4,970
-21,095
35,351
123,755
9,143
2,625
-7,748
-6,373
16,983
Cash flow from operations
3,663,499
-1,163,366
4,000,009
-298,882
1,871,337
1,142,370
1,206,233
342,471
2,415,958
1,072,090
470,260
1,576,287
822,681
1,174,498
-287,187
Investing Activities
capital expenditure
-488,474
-334,684
-1,769,602
-252,430
-425,929
-862,011
-124,093
-46,077
-893,421
-779,661
-83,641
-93,938
-103,749
-38,383
-1,196,325
Change in Investments
599,080
695
cash flow from investments
-1,087,554
-334,684
-1,769,602
-252,430
-425,929
-862,011
-124,093
-46,077
-893,421
-779,661
-83,641
-93,938
-103,749
-38,383
-1,197,020
Financing Activities
Bank loans
-93,008
-1,240,796
1,017,137
416,667
-4,195
-93,983
2,496
12,058
2,468
2,135
2,293
76,728
Group/Directors Accounts
-11,982
12,983
-57,410
15,678
41,732
-295,607
295,607
-226,245
213,835
-16,068
28,478
Other Short Term Loans
-116,042
22,122
93,920
Long term loans
-100,000
666,540
-458,333
583,333
-843,965
-539,123
-202,005
-187,114
1,324,193
-72,306
-87,336
-157,344
765,000
Hire Purchase and Lease Commitments
76,932
-19,535
-26,606
-26,605
37,796
-14,141
-328,205
-71,718
-59,767
482,694
33,430
-7,200
-9,700
-12,200
36,300
other long term liabilities
share issue
-1
2,588,887
interest
118,416
623
-43,773
5,761
1,646
-17,059
-87,100
-139,390
-165,246
-142,826
-45,524
-19,001
-20,502
-20,401
-19,526
cash flow from financing
-9,642
-580,185
431,015
994,834
76,979
-420,790
-961,167
-866,273
-404,896
164,811
1,408,487
-322,617
98,590
-129,285
3,399,139
cash and cash equivalents
cash
2,566,303
-2,678,235
961,422
-306,478
867,387
-885,431
-129,027
-1,219,879
1,117,641
457,240
-2,791,467
1,159,732
817,522
1,006,830
1,914,932
overdraft
change in cash
2,566,303
-2,678,235
961,422
-306,478
867,387
-885,431
-129,027
-1,219,879
1,117,641
457,240
-2,791,467
1,159,732
817,522
1,006,830
1,914,932
torus measurement systems 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 torus measurement systems limited. Get real-time insights into torus measurement systems limited's credit score, group structure and payment trends.
Torus Measurement Systems Limited Competitor Analysis
Perform a competitor analysis for torus measurement systems limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in TF3 area or any other competitors across 12 key performance metrics.
torus measurement systems limited Ownership
TORUS MEASUREMENT SYSTEMS LIMITED group structure
Torus Measurement Systems Limited has 1 subsidiary company.
The sole shareholder of Torus Measurement Systems Limited is Torus Technology Group Ltd.
torus technology group ltd
100%
torus measurement systems limited directors
Torus Measurement Systems Limited currently has 2 directors.
The longest serving directors include
Mr John Weyers (Jun 2024) and
Mr Barry Lyon (Jun 2024).
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
April 1999
age
26
incorporated
UK
ultimate parent company
INDUSTRIAL PHYSICS LLC
accounts
Full Accounts
last accounts submitted
June 2024
previous names
trac measurement systems limited (March 2014)
tms technology limited (February 2003)
accountant
-
auditor
MAZARS LLP
address
torus house, nedge hill science park, telford, shropshire, TF3 3AJ
Bank
HSBC BANK PLC
Legal Advisor
-
torus measurement systems 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 6 charges/mortgages relating to torus measurement systems limited. Currently there are 1 open charges and 5 have been satisfied in the past.
torus measurement systems limited Capital Raised & Share Issues BETA
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torus measurement systems limitedCompanies House Filings - See Documents
