thurston estates limited
thurston estates limited Company Information
Company Number
05708167
Next Accounts
Jan 2025
Industry
Hotels and similar accommodation
Shareholders
kim thurston
john anthony william thurston
Group Structure
View All
Contact
Registered Address
900, cornwallis house, howard chase, basildon, essex, SS14 3BB
Website
-thurston estates limited Estimated Valuation
Pomanda estimates the enterprise value of THURSTON ESTATES LIMITED at £237.6k based on a Turnover of £252.3k and 0.94x industry multiple (adjusted for size and gross margin).
thurston estates limited Estimated Valuation
Pomanda estimates the enterprise value of THURSTON ESTATES LIMITED at £0 based on an EBITDA of £-6.8k and a 3.9x industry multiple (adjusted for size and gross margin).
thurston estates limited Estimated Valuation
Pomanda estimates the enterprise value of THURSTON ESTATES LIMITED at £0 based on Net Assets of £-34.3k and 2.26x industry multiple (adjusted for liquidity).
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Thurston Estates Limited Overview
Thurston Estates Limited is a live company located in basildon, SS14 3BB with a Companies House number of 05708167. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in February 2006, it's largest shareholder is kim thurston with a 50% stake. Thurston Estates Limited is a established, micro sized company, Pomanda has estimated its turnover at £252.3k with declining growth in recent years.
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Thurston Estates Limited Health Check
Pomanda's financial health check has awarded Thurston Estates Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £252.3k, make it smaller than the average company (£4.8m)
- Thurston Estates Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (2.1%)
- Thurston Estates Limited
2.1% - Industry AVG
Production
with a gross margin of 44.4%, this company has a higher cost of product (62.5%)
- Thurston Estates Limited
62.5% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (8.8%)
- Thurston Estates Limited
8.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (76)
2 - Thurston Estates Limited
76 - Industry AVG
Pay Structure
on an average salary of £22.2k, the company has an equivalent pay structure (£22.2k)
- Thurston Estates Limited
£22.2k - Industry AVG
Efficiency
resulting in sales per employee of £126.1k, this is more efficient (£66.6k)
- Thurston Estates Limited
£66.6k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is later than average (8 days)
- Thurston Estates Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 87 days, this is slower than average (48 days)
- Thurston Estates Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Thurston Estates Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Thurston Estates Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 111.5%, this is a higher level of debt than the average (76.4%)
111.5% - Thurston Estates Limited
76.4% - Industry AVG
THURSTON ESTATES LIMITED financials
Thurston Estates Limited's latest turnover from April 2023 is estimated at £252.3 thousand and the company has net assets of -£34.3 thousand. According to their latest financial statements, Thurston Estates Limited has 2 employees 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 | ||||||||||||||
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| 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 | 274,402 | 274,402 | 274,402 | 274,037 | 268,615 | 256,255 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 274,402 | 274,402 | 274,402 | 274,037 | 268,615 | 256,255 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 24,944 | 26,842 | 31,728 | 34,866 | 38,258 | 46,964 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 24,944 | 26,842 | 31,728 | 34,866 | 38,258 | 46,964 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 299,346 | 301,244 | 306,130 | 308,903 | 306,873 | 303,219 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 33,609 | 28,664 | 51,084 | 49,373 | 52,869 | 44,742 | 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 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 | 33,609 | 28,664 | 51,084 | 49,373 | 52,869 | 44,742 | 0 | 0 | 0 | 0 | 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 | 300,000 | 300,000 | 275,000 | 275,000 | 265,000 | 265,000 | 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 | 300,000 | 300,000 | 275,000 | 275,000 | 265,000 | 265,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 333,609 | 328,664 | 326,084 | 324,373 | 317,869 | 309,742 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | -34,263 | -27,420 | -19,954 | -15,470 | -10,996 | -6,523 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | -34,263 | -27,420 | -19,954 | -15,470 | -10,996 | -6,523 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | ||||||||||
| Amortisation | 0 | 0 | 0 | 0 | ||||||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,898 | -4,886 | -3,138 | -3,392 | -8,706 | 46,864 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 4,945 | -22,420 | 1,711 | -3,496 | 8,127 | 44,742 | 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 |
| 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 | 25,000 | 0 | 10,000 | 0 | 265,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
thurston estates limited Credit Report and Business Information
Thurston Estates Limited Competitor Analysis
Perform a competitor analysis for thurston estates limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in SS14 area or any other competitors across 12 key performance metrics.
thurston estates limited Ownership
THURSTON ESTATES LIMITED group structure
Thurston Estates Limited has no subsidiary companies.
Ultimate parent company
THURSTON ESTATES LIMITED
05708167
thurston estates limited directors
Thurston Estates Limited currently has 2 directors. The longest serving directors include Mrs Kim Thurston (Feb 2006) and Mr John Thurston (Feb 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Kim Thurston | 65 years | Feb 2006 | - | Director | |
| Mr John Thurston | England | 66 years | Feb 2006 | - | Director |
P&L
April 2023turnover
252.3k
+22%
operating profit
-6.8k
0%
gross margin
44.5%
+14.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-34.3k
+0.25%
total assets
299.3k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
thurston estates limited company details
company number
05708167
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
February 2006
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
900, cornwallis house, howard chase, basildon, essex, SS14 3BB
Bank
-
Legal Advisor
-
thurston 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 did not find charges/mortgages relating to thurston estates limited.
thurston estates 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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thurston estates limited Companies House Filings - See Documents
| date | description | view/download |
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