tipping resources (midlands) limited
tipping resources (midlands) limited Company Information
Company Number
05903816
Website
-Registered Address
bamfords trust house, 85-89 colmore row, birmingham, B3 2BB
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
-
Next Accounts Due
May 2024
Group Structure
View All
Directors
Paul Woolley9 Years
Shareholders
mr colin thompson mckeith 100%
tipping resources (midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of TIPPING RESOURCES (MIDLANDS) LIMITED at £625.4k based on a Turnover of £2.4m and 0.26x industry multiple (adjusted for size and gross margin).
tipping resources (midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of TIPPING RESOURCES (MIDLANDS) LIMITED at £0 based on an EBITDA of £-67.8k and a 3.22x industry multiple (adjusted for size and gross margin).
tipping resources (midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of TIPPING RESOURCES (MIDLANDS) LIMITED at £0 based on Net Assets of £-141.6k and 1.94x industry multiple (adjusted for liquidity).
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Tipping Resources (midlands) Limited Overview
Tipping Resources (midlands) Limited is a dissolved company that was located in birmingham, B3 2BB with a Companies House number of 05903816. It operated in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in August 2006, it's largest shareholder was mr colin thompson mckeith with a 100% stake. The last turnover for Tipping Resources (midlands) Limited was estimated at £2.4m.
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Tipping Resources (midlands) Limited Health Check
Pomanda's financial health check has awarded Tipping Resources (Midlands) Limited a 3 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
1 Regular
5 Weak
Size
annual sales of £2.4m, make it larger than the average company (£1.9m)
- Tipping Resources (midlands) Limited
£1.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Tipping Resources (midlands) Limited
- - Industry AVG
Production
with a gross margin of 16.1%, this company has a higher cost of product (26.8%)
- Tipping Resources (midlands) Limited
26.8% - Industry AVG
Profitability
an operating margin of -6.7% make it less profitable than the average company (4.6%)
- Tipping Resources (midlands) Limited
4.6% - Industry AVG
Employees
with 9 employees, this is below the industry average (60)
- Tipping Resources (midlands) Limited
60 - Industry AVG
Pay Structure
on an average salary of £37.2k, the company has an equivalent pay structure (£37.2k)
- Tipping Resources (midlands) Limited
£37.2k - Industry AVG
Efficiency
resulting in sales per employee of £263k, this is more efficient (£140.6k)
- Tipping Resources (midlands) Limited
£140.6k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is earlier than average (57 days)
- Tipping Resources (midlands) Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 193 days, this is slower than average (43 days)
- Tipping Resources (midlands) Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tipping Resources (midlands) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Tipping Resources (midlands) Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.5%, this is a higher level of debt than the average (69.9%)
115.5% - Tipping Resources (midlands) Limited
69.9% - Industry AVG
tipping resources (midlands) limited Credit Report and Business Information
Tipping Resources (midlands) Limited Competitor Analysis
Perform a competitor analysis for tipping resources (midlands) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
tipping resources (midlands) limited Ownership
TIPPING RESOURCES (MIDLANDS) LIMITED group structure
Tipping Resources (Midlands) Limited has no subsidiary companies.
Ultimate parent company
TIPPING RESOURCES (MIDLANDS) LIMITED
05903816
tipping resources (midlands) limited directors
Tipping Resources (Midlands) Limited currently has 1 director, Mr Paul Woolley serving since Apr 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Woolley | England | 55 years | Apr 2015 | - | Director |
TIPPING RESOURCES (MIDLANDS) LIMITED financials
Tipping Resources (Midlands) Limited's latest turnover from December 2011 is estimated at £2.4 million and the company has net assets of -£141.6 thousand. According to their latest financial statements, we estimate that Tipping Resources (Midlands) Limited has 9 employees and maintains cash reserves of £12.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|
| Tangible Assets | 624,394 | 115,975 | 316,597 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 624,394 | 115,975 | 316,597 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 278,343 | 380,695 | 131,394 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 12,077 | 174,696 | 173,808 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 290,420 | 555,391 | 305,202 |
| total assets | 914,814 | 671,366 | 621,799 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 1,055,573 | 640,165 | 465,048 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 1,055,573 | 640,165 | 465,048 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 800 | 13,800 | 21,000 |
| total long term liabilities | 800 | 13,800 | 21,000 |
| total liabilities | 1,056,373 | 653,965 | 486,048 |
| net assets | -141,559 | 17,401 | 135,751 |
| total shareholders funds | -141,559 | 17,401 | 135,751 |
| Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 91,581 | 67,992 | 100,090 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -102,352 | 249,301 | 131,394 |
| Creditors | 415,408 | 175,117 | 465,048 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -13,000 | -7,200 | 21,000 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -162,619 | 888 | 173,808 |
| overdraft | 0 | 0 | 0 |
| change in cash | -162,619 | 888 | 173,808 |
P&L
December 2011turnover
2.4m
+23%
operating profit
-159.4k
0%
gross margin
16.1%
-9.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2011net assets
-141.6k
-9.14%
total assets
914.8k
+0.36%
cash
12.1k
-0.93%
net assets
Total assets minus all liabilities
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tipping resources (midlands) limited company details
company number
05903816
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
August 2006
age
18
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
incorporated
UK
address
bamfords trust house, 85-89 colmore row, birmingham, B3 2BB
last accounts submitted
December 2011
tipping resources (midlands) 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 tipping resources (midlands) limited.
tipping resources (midlands) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
