Pomanda estimates the enterprise value of THAMES REINFORCEMENTS LIMITED at £64.1m based on a Turnover of £83.7m and 0.77x industry multiple (adjusted for size and gross margin).
thames reinforcements limitedEstimated Valuation
£92.3m
Pomanda estimates the enterprise value of THAMES REINFORCEMENTS LIMITED at £92.3m based on an EBITDA of £12.6m and a 7.36x industry multiple (adjusted for size and gross margin).
thames reinforcements limitedEstimated Valuation
£56.4m
Pomanda estimates the enterprise value of THAMES REINFORCEMENTS LIMITED at £56.4m based on Net Assets of £29m and 1.94x industry multiple (adjusted for liquidity).
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Thames Reinforcements LimitedOverview
Thames Reinforcements Limited is a live company located in hertfordshire, WD6 1RN with a Companies House number of 05709010. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in February 2006, it's largest shareholder is
jrl group ltd
with a 84% stake. Thames Reinforcements Limited is a established,
large sized company, Pomanda has estimated its turnover at
£83.7m with
high
growth in recent years.
Pomanda's financial health check has awarded Thames Reinforcements Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
3 Regular
1 Weak
Size
annual sales of £83.7m, make it larger than the average company (£8.5m)
£83.7m - Thames Reinforcements Limited
£8.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (9.4%)
25% - Thames Reinforcements Limited
9.4% - Industry AVG
Production
with a gross margin of 21.8%, this company has a comparable cost of product (24.7%)
21.8% - Thames Reinforcements Limited
24.7% - Industry AVG
Profitability
an operating margin of 14.9% make it more profitable than the average company (6%)
14.9% - Thames Reinforcements Limited
6% - Industry AVG
Employees
with 154 employees, this is above the industry average (36)
154 - Thames Reinforcements Limited
36 - Industry AVG
Pay Structure
on an average salary of £40.3k, the company has an equivalent pay structure (£50.1k)
£40.3k - Thames Reinforcements Limited
£50.1k - Industry AVG
Efficiency
resulting in sales per employee of £543.7k, this is more efficient (£202.4k)
£543.7k - Thames Reinforcements Limited
£202.4k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (56 days)
26 days - Thames Reinforcements Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 94 days, this is slower than average (37 days)
94 days - Thames Reinforcements Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is in line with average (16 days)
17 days - Thames Reinforcements Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 15 weeks, this is less cash available to meet short term requirements (20 weeks)
15 weeks - Thames Reinforcements Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.2%, this is a lower level of debt than the average (61.1%)
49.2% - Thames Reinforcements Limited
61.1% - Industry AVG
THAMES REINFORCEMENTS LIMITED financials
EXPORT
Thames Reinforcements Limited's latest turnover from December 2023 is £83.7 million and the company has net assets of £29 million. According to their latest financial statements, Thames Reinforcements Limited has 154 employees and maintains cash reserves of £8.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
83,722,708
98,663,530
62,677,262
43,235,698
51,474,206
53,994,188
48,425,996
41,115,629
37,088,165
36,283,459
29,951,945
30,916,786
31,630,353
21,901,823
15,272,818
Other Income Or Grants
Cost Of Sales
65,478,610
84,947,942
54,579,786
37,737,345
46,019,204
47,881,651
43,260,541
33,242,087
32,667,104
33,256,731
27,617,338
29,052,495
29,724,650
20,652,423
13,507,760
Gross Profit
18,244,098
13,715,588
8,097,476
5,498,353
5,455,002
6,112,537
5,165,455
7,873,542
4,421,061
3,026,728
2,334,607
1,864,291
1,905,703
1,249,400
1,765,058
Admin Expenses
5,778,750
4,983,513
4,404,401
4,114,863
4,218,397
4,129,271
3,774,401
2,902,289
2,714,519
2,536,337
2,026,705
1,758,306
1,712,790
1,348,812
1,911,297
Operating Profit
12,465,348
8,732,075
3,693,075
1,383,490
1,236,605
1,983,266
1,391,054
4,971,253
1,706,542
490,391
307,902
105,985
192,913
-99,412
-146,239
Interest Payable
491,041
201,831
120,539
81,557
40,499
61,605
69,537
81,203
108,124
198,514
205,271
118,382
190,057
Interest Receivable
28,587
64,774
606
66
8,278
6,177
1,250
3,392
596
410
Pre-Tax Profit
12,002,894
8,595,018
3,573,142
1,301,999
1,204,384
1,927,838
1,322,767
4,893,442
1,599,014
292,287
104,703
-12,397
2,856
-99,412
-142,613
Tax
-2,869,785
-1,647,320
-687,355
-252,701
-230,401
-321,805
507,952
-977,065
-320,831
-71,205
-24,162
-2,294
773
-2,178
Profit After Tax
9,133,109
6,947,698
2,885,787
1,049,298
973,983
1,606,033
1,830,719
3,916,377
1,278,183
221,082
80,541
-12,397
562
-98,639
-144,791
Dividends Paid
420,000
840,000
420,000
420,000
50,000
Retained Profit
9,133,109
6,947,698
2,885,787
1,049,298
553,983
766,033
1,410,719
3,496,377
1,228,183
221,082
80,541
-12,397
562
-98,639
-144,791
Employee Costs
6,210,505
6,030,188
4,946,473
4,275,220
4,474,724
4,413,858
4,366,726
3,936,303
3,178,317
2,234,472
1,788,849
1,585,508
1,355,819
1,223,584
1,214,016
Number Of Employees
154
151
134
132
134
142
140
128
104
72
59
53
44
40
34
EBITDA*
12,552,996
8,795,848
3,698,041
1,383,490
1,236,605
1,983,266
1,391,054
4,971,253
1,706,542
518,760
326,921
120,293
208,737
-84,772
-142,311
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
688,915
653,156
42,616
86,396
45,521
52,043
47,930
31,315
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
688,915
653,156
42,616
86,396
45,521
52,043
47,930
31,315
Stock & work in progress
3,128,830
7,847,315
8,986,076
6,714,967
6,696,250
7,692,966
7,926,721
4,162,146
2,114,508
3,007,078
909,718
526,089
1,579,735
206,947
925,675
Trade Debtors
6,131,250
10,631,138
8,375,951
5,129,916
5,427,013
5,104,935
3,822,609
5,393,691
5,520,848
5,428,318
4,657,525
4,315,318
4,785,068
2,714,321
1,842,001
Group Debtors
37,962,149
23,446,482
4,473,847
5,900,296
9,408,822
4,760,297
3,335,340
2,970,300
2,220,223
7,466,956
3,719,627
4,069,121
5,176,341
1,315,640
Misc Debtors
747,610
448,320
309,360
229,091
21,883
99,233
144,825
120,369
147,257
151,775
84,709
43,081
117,646
72,814
52,556
Cash
8,457,340
10,582,609
7,885,753
8,149,897
2,886,187
7,193,162
5,024,542
3,881,241
1,288,912
1,477,960
694,786
94,963
332,727
382,690
579,203
misc current assets
total current assets
56,427,179
52,955,864
30,030,987
26,124,167
24,440,155
24,850,593
20,254,037
16,527,747
11,291,748
10,065,131
13,813,694
8,699,078
10,884,297
8,553,113
4,715,075
total assets
57,116,094
53,609,020
30,073,603
26,124,167
24,440,155
24,850,593
20,254,037
16,527,747
11,291,748
10,065,131
13,900,090
8,744,599
10,936,340
8,601,043
4,746,390
Bank overdraft
4,748,078
7,795,784
5,792,594
4,215,474
4,515,052
4,209,373
2,950,651
1,237,903
2,354,512
4,109,259
3,443,175
3,322,019
3,852,326
1,892,513
Bank loan
Trade Creditors
16,881,488
22,195,965
8,770,591
8,731,736
6,434,282
8,668,238
6,975,992
3,834,049
1,129,596
944,089
1,348,703
3,338,046
5,392,175
4,989,427
2,541,882
Group/Directors Accounts
1,373,647
1,535,539
1,376,300
2,626,821
3,381,026
2,847,317
1,441,767
2,661,815
3,806,579
1,348,890
7,243,936
213
4,250
other short term finances
hp & lease commitments
106,321
38,728
other current liabilities
4,600,473
1,867,478
1,209,571
521,649
1,130,606
700,459
1,226,454
2,545,526
1,248,984
2,138,999
649,411
949,997
545,118
568,694
958,937
total current liabilities
27,710,007
33,433,494
17,149,056
16,095,680
15,460,966
16,425,387
12,594,864
10,279,293
8,539,671
8,541,237
12,685,225
7,610,275
9,789,619
7,454,884
3,500,819
loans
hp & lease commitments
354,390
151,687
Accruals and Deferred Income
other liabilities
provisions
56,616
161,867
10,273
773
total long term liabilities
411,006
313,554
10,273
773
total liabilities
28,121,013
33,747,048
17,159,329
16,095,680
15,460,966
16,425,387
12,594,864
10,279,293
8,539,671
8,541,237
12,685,225
7,610,275
9,789,619
7,454,884
3,501,592
net assets
28,995,081
19,861,972
12,914,274
10,028,487
8,979,189
8,425,206
7,659,173
6,248,454
2,752,077
1,523,894
1,214,865
1,134,324
1,146,721
1,146,159
1,244,798
total shareholders funds
28,995,081
19,861,972
12,914,274
10,028,487
8,979,189
8,425,206
7,659,173
6,248,454
2,752,077
1,523,894
1,214,865
1,134,324
1,146,721
1,146,159
1,244,798
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
12,465,348
8,732,075
3,693,075
1,383,490
1,236,605
1,983,266
1,391,054
4,971,253
1,706,542
490,391
307,902
105,985
192,913
-99,412
-146,239
Depreciation
87,648
63,773
4,966
28,369
19,019
14,308
15,824
14,640
3,928
Amortisation
Tax
-2,869,785
-1,647,320
-687,355
-252,701
-230,401
-321,805
507,952
-977,065
-320,831
-71,205
-24,162
-2,294
773
-2,178
Stock
-4,718,485
-1,138,761
2,271,109
18,717
-996,716
-233,755
3,764,575
2,047,638
-892,570
2,097,360
383,629
-1,053,646
1,372,788
-718,728
925,675
Debtors
10,315,069
21,366,782
1,899,855
-3,598,415
4,893,253
2,661,691
-1,181,586
596,032
2,308,235
-6,629,097
4,131,164
-893,809
1,008,359
4,753,279
3,210,197
Creditors
-5,314,477
13,425,374
38,855
2,297,454
-2,233,956
1,692,246
3,141,943
2,704,453
185,507
-404,614
-1,989,343
-2,054,129
402,748
2,447,545
2,541,882
Accruals and Deferred Income
2,732,995
657,907
687,922
-608,957
430,147
-525,995
-1,319,072
1,296,542
-890,015
1,489,588
-300,586
404,879
-23,576
-390,243
958,937
Deferred Taxes & Provisions
-105,251
151,594
10,273
-773
773
Cash flow from operations
1,399,894
1,155,382
-423,228
6,398,984
-4,694,142
399,776
1,138,888
5,351,513
-734,462
6,064,266
-6,501,963
418,498
-1,795,532
-2,062,021
-778,769
Investing Activities
capital expenditure
-123,407
-674,313
-47,582
58,027
-59,894
-7,786
-19,937
-31,255
-35,243
Change in Investments
cash flow from investments
-123,407
-674,313
-47,582
58,027
-59,894
-7,786
-19,937
-31,255
-35,243
Financing Activities
Bank loans
Group/Directors Accounts
-161,892
159,239
-1,250,521
-754,205
533,709
1,405,550
-1,220,048
-1,144,764
2,457,689
-5,895,046
7,243,723
213
-4,250
4,250
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
270,296
190,415
other long term liabilities
share issue
87,947
1,389,589
interest
-462,454
-137,057
-119,933
-81,491
-32,221
-55,428
-68,287
-77,811
-107,528
-198,104
-205,271
-118,382
-190,057
cash flow from financing
-354,050
212,597
-1,370,454
-835,696
501,488
1,350,122
-1,288,335
-1,222,575
2,350,161
-6,005,203
7,038,452
-118,169
-194,307
4,250
1,389,589
cash and cash equivalents
cash
-2,125,269
2,696,856
-264,144
5,263,710
-4,306,975
2,168,620
1,143,301
2,592,329
-189,048
783,174
599,823
-237,764
-49,963
-196,513
579,203
overdraft
-3,047,706
2,003,190
1,577,120
-299,578
305,679
1,258,722
1,712,748
-1,116,609
-1,754,747
666,084
121,156
-530,307
1,959,813
1,892,513
change in cash
922,437
693,666
-1,841,264
5,563,288
-4,612,654
909,898
-569,447
3,708,938
1,565,699
117,090
478,667
292,543
-2,009,776
-2,089,026
579,203
thames reinforcements 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 thames reinforcements limited. Get real-time insights into thames reinforcements limited's credit score, group structure and payment trends.
Perform a competitor analysis for thames reinforcements limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in WD6 area or any other competitors across 12 key performance metrics.
thames reinforcements limited Ownership
THAMES REINFORCEMENTS LIMITED group structure
Thames Reinforcements Limited has no subsidiary companies.
The largest shareholders in Thames Reinforcements Limited include Jrl Group Ltd and Rebecca Wehrle.
jrl group ltd
84.03%
rebecca wehrle
5.97%
des conaty
5.97%
craig ridley
4.03%
thames reinforcements limited directors
Thames Reinforcements Limited currently has 3 directors.
The longest serving directors include
Mr John Reddington (Feb 2006) and
Mr Ronan Gleeson (May 2009).
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 thames reinforcements limited. Currently there are 1 open charges and 5 have been satisfied in the past.
thames reinforcements 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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thames reinforcements limitedCompanies House Filings - See Documents
