Pomanda estimates the enterprise value of TURNER TOOLING LIMITED at £1.2m based on a Turnover of £2.7m and 0.43x industry multiple (adjusted for size and gross margin).
turner tooling limitedEstimated Valuation
£297.5k
Pomanda estimates the enterprise value of TURNER TOOLING LIMITED at £297.5k based on an EBITDA of £63.4k and a 4.69x industry multiple (adjusted for size and gross margin).
turner tooling limitedEstimated Valuation
£228.8k
Pomanda estimates the enterprise value of TURNER TOOLING LIMITED at £228.8k based on Net Assets of £82.6k and 2.77x industry multiple (adjusted for liquidity).
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Turner Tooling LimitedOverview
Turner Tooling Limited is a live company located in london, N12 8LY with a Companies House number of 06616587. It operates in the wholesale of machine tools sector, SIC Code 46620. Founded in June 2008, it's largest shareholder is
jason pither
with a 50% stake. Turner Tooling Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.7m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Turner Tooling Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£11.7m)
£2.7m - Turner Tooling Limited
£11.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.8%)
7% - Turner Tooling Limited
4.8% - Industry AVG
Production
with a gross margin of 29.2%, this company has a comparable cost of product (29.2%)
29.2% - Turner Tooling Limited
29.2% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (4.9%)
1.1% - Turner Tooling Limited
4.9% - Industry AVG
Employees
with 11 employees, this is below the industry average (48)
11 - Turner Tooling Limited
48 - Industry AVG
Pay Structure
on an average salary of £40.8k, the company has an equivalent pay structure (£40.8k)
£40.8k - Turner Tooling Limited
£40.8k - Industry AVG
Efficiency
resulting in sales per employee of £246.5k, this is less efficient (£297k)
£246.5k - Turner Tooling Limited
£297k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (71 days)
95 days - Turner Tooling Limited
71 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (48 days)
81 days - Turner Tooling Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 41 days, this is less than average (90 days)
41 days - Turner Tooling Limited
90 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Turner Tooling Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.4%, this is a higher level of debt than the average (55.2%)
93.4% - Turner Tooling Limited
55.2% - Industry AVG
TURNER TOOLING LIMITED financials
EXPORT
Turner Tooling Limited's latest turnover from December 2018 is estimated at £2.7 million and the company has net assets of £82.6 thousand. According to their latest financial statements, Turner Tooling Limited has 11 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
2,711,905
2,641,742
2,598,165
2,226,682
2,748,127
2,340,250
2,453,496
2,181,684
2,058,530
836,133
Other Income Or Grants
Cost Of Sales
1,921,386
1,861,574
1,844,338
1,548,180
2,086,855
1,761,107
1,708,247
1,535,555
1,394,385
527,441
Gross Profit
790,519
780,168
753,827
678,502
661,272
579,143
745,249
646,129
664,145
308,692
Admin Expenses
760,770
725,848
703,964
623,826
490,566
525,207
736,470
640,594
627,554
326,985
Operating Profit
29,749
54,320
49,863
54,676
170,706
53,936
8,779
5,535
36,591
-18,293
Interest Payable
43,341
39,836
33,421
30,546
15,411
6,210
9,228
2,407
1,096
Interest Receivable
90
Pre-Tax Profit
-13,592
14,484
16,443
24,130
170,706
38,525
2,568
-3,693
34,183
-19,299
Tax
-2,752
-3,288
-4,826
-33,101
-7,876
-616
-9,571
Profit After Tax
-13,592
11,732
13,154
19,304
137,605
30,649
1,952
-3,693
24,612
-19,299
Dividends Paid
120,000
Retained Profit
-13,592
11,732
13,154
19,304
17,605
30,649
1,952
-3,693
24,612
-19,299
Employee Costs
449,062
435,205
506,495
482,454
452,550
392,459
411,115
293,778
436,454
Number Of Employees
11
11
13
12
11
10
10
10
12
EBITDA*
63,403
84,672
71,324
88,456
200,212
74,070
8,779
37,660
51,622
-18,193
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
95,549
93,491
109,806
75,811
46,919
13,599
21,871
43,268
29,581
35,538
Intangible Assets
103,443
114,537
125,631
136,725
147,819
158,913
170,007
191,101
202,195
154,695
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
198,992
208,028
235,437
212,536
194,738
172,512
191,878
234,369
231,776
190,233
Stock & work in progress
219,760
299,370
276,034
267,962
239,077
236,903
228,908
255,811
219,236
120,611
Trade Debtors
710,319
659,359
588,987
502,585
491,752
492,255
400,825
436,105
390,547
161,069
Group Debtors
Misc Debtors
125,298
105,386
77,182
76,589
79,616
29,859
1,024
12,666
2,799
Cash
misc current assets
1,643
total current assets
1,055,377
1,064,115
942,203
847,136
810,445
760,660
630,757
704,582
609,783
284,479
total assets
1,254,369
1,272,143
1,177,640
1,059,672
1,005,183
933,172
822,635
938,951
841,559
474,712
Bank overdraft
642,082
642,083
583,648
485,816
454,064
420,138
156,000
74,071
Bank loan
Trade Creditors
430,367
408,913
417,121
397,471
418,271
427,772
818,963
337,037
761,885
150,000
Group/Directors Accounts
19,125
other short term finances
30,000
hp & lease commitments
8,890
other current liabilities
99,370
125,005
92,461
105,129
80,896
50,941
391,870
250,715
total current liabilities
1,171,819
1,176,001
1,093,230
988,416
953,231
898,851
818,963
923,797
761,885
493,911
loans
5,092
hp & lease commitments
8,342
Accruals and Deferred Income
other liabilities
74,261
provisions
total long term liabilities
13,434
74,261
total liabilities
1,171,819
1,176,001
1,093,230
988,416
953,231
898,851
818,963
937,231
836,146
493,911
net assets
82,550
96,142
84,410
71,256
51,952
34,321
3,672
1,720
5,413
-19,199
total shareholders funds
82,550
96,142
84,410
71,256
51,952
34,321
3,672
1,720
5,413
-19,199
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
29,749
54,320
49,863
54,676
170,706
53,936
8,779
5,535
36,591
-18,293
Depreciation
22,560
19,258
10,367
22,686
18,412
9,040
21,031
12,531
100
Amortisation
11,094
11,094
11,094
11,094
11,094
11,094
11,094
2,500
Tax
-2,752
-3,288
-4,826
-33,101
-7,876
-616
-9,571
Stock
-79,610
23,336
8,072
28,885
2,174
7,995
-26,903
36,575
98,625
120,611
Debtors
70,872
98,576
86,995
7,806
49,254
120,265
-46,922
58,224
226,679
163,868
Creditors
21,454
-8,208
19,650
-20,800
-9,501
-391,191
481,926
-424,848
611,885
150,000
Accruals and Deferred Income
-25,635
32,544
-12,668
24,233
29,955
50,941
-391,870
391,870
-250,715
250,715
Deferred Taxes & Provisions
Cash flow from operations
67,960
-15,656
-20,049
50,372
136,137
-402,316
172,044
-90,117
77,917
98,043
Investing Activities
capital expenditure
-24,618
-2,943
-44,362
-51,578
-51,732
-768
42,491
-34,718
-56,574
-190,333
Change in Investments
cash flow from investments
-24,618
-2,943
-44,362
-51,578
-51,732
-768
42,491
-34,718
-56,574
-190,333
Financing Activities
Bank loans
Group/Directors Accounts
-19,125
19,125
Other Short Term Loans
-30,000
30,000
Long term loans
-5,092
5,092
Hire Purchase and Lease Commitments
-17,232
17,232
other long term liabilities
-74,261
74,261
share issue
26
100
interest
-43,341
-39,836
-33,421
-30,546
-15,411
-6,210
-9,228
-2,407
-1,006
cash flow from financing
-43,341
-39,836
-33,421
-30,546
26
-15,411
-58,534
-31,165
52,729
18,219
cash and cash equivalents
cash
overdraft
-1
58,435
97,832
31,752
33,926
420,138
-156,000
156,000
-74,071
74,071
change in cash
1
-58,435
-97,832
-31,752
-33,926
-420,138
156,000
-156,000
74,071
-74,071
turner tooling 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 turner tooling limited. Get real-time insights into turner tooling limited's credit score, group structure and payment trends.
Perform a competitor analysis for turner tooling limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in N12 area or any other competitors across 12 key performance metrics.
turner tooling limited Ownership
TURNER TOOLING LIMITED group structure
Turner Tooling Limited has no subsidiary companies.
Ultimate parent company
TURNER TOOLING LIMITED
06616587
TURNER TOOLING LIMITED Shareholders
The largest shareholders in Turner Tooling Limited include Jason Pither and Murray Hodgson.
jason pither
50%
murray hodgson
39.68%
murray john property ltd
10.32%
turner tooling limited directors
Turner Tooling Limited currently has 2 directors.
The longest serving directors include
Mr Murray Hodgson (Jun 2008) and
Mr Jason Pither (Dec 2013).
pearl assurance house, 319, ballards lane, london, N12 8LY
Bank
-
Legal Advisor
-
turner tooling 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 4 charges/mortgages relating to turner tooling limited. Currently there are 1 open charges and 3 have been satisfied in the past.
turner tooling 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.
Click to start generating capital raising & share issue transactions for TURNER TOOLING LIMITED. This can take several minutes, an email will notify you when this has completed.
turner tooling limitedCompanies House Filings - See Documents
