turtle finance limited
turtle finance limited Company Information
Company Number
04739754
Website
https://tre.financeRegistered Address
88 laundry road, southampton, hampshire, SO16 6AN
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
02380343935
Next Accounts Due
January 2025
Group Structure
View All
Directors
Januscz Schrank17 Years
Shareholders
januscz schrank 100%
turtle finance limited Estimated Valuation
Pomanda estimates the enterprise value of TURTLE FINANCE LIMITED at £98.2k based on a Turnover of £107.6k and 0.91x industry multiple (adjusted for size and gross margin).
turtle finance limited Estimated Valuation
Pomanda estimates the enterprise value of TURTLE FINANCE LIMITED at £0 based on an EBITDA of £0 and a 3.67x industry multiple (adjusted for size and gross margin).
turtle finance limited Estimated Valuation
Pomanda estimates the enterprise value of TURTLE FINANCE LIMITED at £13.5k based on Net Assets of £6.7k and 2.01x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Turtle Finance Limited Overview
Turtle Finance Limited is a live company located in hampshire, SO16 6AN with a Companies House number of 04739754. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2003, it's largest shareholder is januscz schrank with a 100% stake. Turtle Finance Limited is a mature, micro sized company, Pomanda has estimated its turnover at £107.6k with rapid growth in recent years.
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Turtle Finance Limited Health Check
Pomanda's financial health check has awarded Turtle Finance Limited a 1.5 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
1 Regular
6 Weak
Size
annual sales of £107.6k, make it smaller than the average company (£4.2m)
- Turtle Finance Limited
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (4%)
- Turtle Finance Limited
4% - Industry AVG
Production
with a gross margin of 21%, this company has a higher cost of product (60.7%)
- Turtle Finance Limited
60.7% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Turtle Finance Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
- Turtle Finance Limited
13 - Industry AVG
Pay Structure
on an average salary of £72.9k, the company has an equivalent pay structure (£72.9k)
- Turtle Finance Limited
£72.9k - Industry AVG
Efficiency
resulting in sales per employee of £107.6k, this is less efficient (£205.8k)
- Turtle Finance Limited
£205.8k - Industry AVG
Debtor Days
it gets paid by customers after 116 days, this is later than average (31 days)
- Turtle Finance Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 123 days, this is slower than average (37 days)
- Turtle Finance Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Turtle Finance Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Turtle Finance Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81%, this is a higher level of debt than the average (57.3%)
81% - Turtle Finance Limited
57.3% - Industry AVG
TURTLE FINANCE LIMITED financials
Turtle Finance Limited's latest turnover from April 2023 is estimated at £107.6 thousand and the company has net assets of £6.7 thousand. According to their latest financial statements, we estimate that Turtle Finance Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 117,428 | 108,830 | 108,215 | 107,460 | 102,313 | 53,980 | 46,345 | 24,616 | 41,467 | |||||
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 54,714 | |||||||||||||
| Gross Profit | 62,714 | |||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | 33,117 | 31,552 | 28,334 | 24,802 | 18,192 | 9,416 | 8,526 | 3,199 | 7,661 | |||||
| Tax | -6,292 | -6,310 | -5,667 | -4,960 | -3,638 | -1,883 | -1,705 | 0 | 0 | |||||
| Profit After Tax | 26,825 | 25,242 | 22,667 | 19,842 | 14,554 | 7,533 | 6,821 | 3,199 | 7,661 | |||||
| Dividends Paid | 26,825 | 25,242 | 22,667 | 19,842 | 14,554 | 7,533 | 6,821 | 0 | 0 | |||||
| Retained Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,199 | 7,661 | |||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,056 | 1,320 | 1,450 | 1,973 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,200 | 1,056 | 1,320 | 1,450 | 1,973 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 34,245 | 54,434 | 17,842 | 10,237 | 15,606 | 0 | 420 | 1,643 | 2,477 | 1,426 | 4,506 | 2,480 | 1,332 | 2,470 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 15,389 | 10,243 | 7,835 | 7,414 | 18,284 | 1,171 | 2,933 | 3,956 | 4,416 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 34,245 | 54,434 | 17,842 | 10,237 | 15,606 | 15,389 | 10,663 | 9,478 | 9,891 | 19,710 | 5,677 | 5,413 | 5,288 | 6,886 |
| total assets | 35,445 | 55,634 | 19,042 | 11,437 | 16,806 | 16,589 | 11,863 | 10,678 | 11,091 | 20,910 | 6,733 | 6,733 | 6,738 | 8,859 |
| 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 | 28,710 | 48,899 | 12,307 | 4,702 | 10,071 | 9,854 | 5,128 | 3,943 | 4,356 | 14,175 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 28,710 | 48,899 | 12,307 | 4,702 | 10,071 | 9,854 | 5,128 | 3,943 | 4,356 | 14,175 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 28,710 | 48,899 | 12,307 | 4,702 | 10,071 | 9,854 | 5,128 | 3,943 | 4,356 | 14,175 | 0 | 0 | 0 | 0 |
| net assets | 6,735 | 6,735 | 6,735 | 6,735 | 6,735 | 6,735 | 6,735 | 6,735 | 6,735 | 6,735 | 6,733 | 6,733 | 6,738 | 8,859 |
| total shareholders funds | 6,735 | 6,735 | 6,735 | 6,735 | 6,735 | 6,735 | 6,735 | 6,735 | 6,735 | 6,735 | 6,733 | 6,733 | 6,738 | 8,859 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -6,292 | -6,310 | -5,667 | -4,960 | -3,638 | -1,883 | -1,705 | 0 | 0 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -20,189 | 36,592 | 7,605 | -5,369 | 15,606 | -420 | -1,223 | -834 | 1,051 | -3,080 | 2,026 | 1,148 | -1,138 | 2,470 |
| Creditors | -20,189 | 36,592 | 7,605 | -5,369 | 217 | 4,726 | 1,185 | -413 | -9,819 | 14,175 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| cash flow from financing | 0 | 0 | 0 | 0 | 2 | 0 | -5 | -5,320 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | -15,389 | 5,146 | 2,408 | 421 | -10,870 | 17,113 | -1,762 | -1,023 | -460 | 4,416 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -15,389 | 5,146 | 2,408 | 421 | -10,870 | 17,113 | -1,762 | -1,023 | -460 | 4,416 |
turtle finance limited Credit Report and Business Information
Turtle Finance Limited Competitor Analysis
Perform a competitor analysis for turtle finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SO16 area or any other competitors across 12 key performance metrics.
turtle finance limited Ownership
TURTLE FINANCE LIMITED group structure
Turtle Finance Limited has no subsidiary companies.
Ultimate parent company
TURTLE FINANCE LIMITED
04739754
turtle finance limited directors
Turtle Finance Limited currently has 1 director, Januscz Schrank serving since Nov 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Januscz Schrank | 48 years | Nov 2006 | - | Director |
P&L
April 2023turnover
107.6k
-35%
operating profit
0
0%
gross margin
21%
-14.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
6.7k
0%
total assets
35.4k
-0.36%
cash
0
0%
net assets
Total assets minus all liabilities
turtle finance limited company details
company number
04739754
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 2003
age
21
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
ashpope three limited (July 2003)
accountant
-
auditor
-
address
88 laundry road, southampton, hampshire, SO16 6AN
Bank
-
Legal Advisor
-
turtle finance 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 turtle finance limited.
turtle finance limited Companies House Filings - See Documents
| date | description | view/download |
|---|
