thermal spray services limited
thermal spray services limited Company Information
Company Number
06652059
Next Accounts
Apr 2025
Shareholders
joanne hargreaves
russell cook
Group Structure
View All
Industry
Manufacture of other special-purpose machinery n.e.c.
Registered Address
1 sandringham gardens, bournemouth, dorset, BH9 3QW
Website
www.thermalsprayservices.comthermal spray services limited Estimated Valuation
Pomanda estimates the enterprise value of THERMAL SPRAY SERVICES LIMITED at £56.8k based on a Turnover of £108.3k and 0.52x industry multiple (adjusted for size and gross margin).
thermal spray services limited Estimated Valuation
Pomanda estimates the enterprise value of THERMAL SPRAY SERVICES LIMITED at £0 based on an EBITDA of £-23.1k and a 3.91x industry multiple (adjusted for size and gross margin).
thermal spray services limited Estimated Valuation
Pomanda estimates the enterprise value of THERMAL SPRAY SERVICES LIMITED at £19.9k based on Net Assets of £9k and 2.21x industry multiple (adjusted for liquidity).
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Thermal Spray Services Limited Overview
Thermal Spray Services Limited is a live company located in dorset, BH9 3QW with a Companies House number of 06652059. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in July 2008, it's largest shareholder is joanne hargreaves with a 50% stake. Thermal Spray Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £108.3k with low growth in recent years.
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Thermal Spray Services Limited Health Check
Pomanda's financial health check has awarded Thermal Spray Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £108.3k, make it smaller than the average company (£11.5m)
- Thermal Spray Services Limited
£11.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (2.8%)
- Thermal Spray Services Limited
2.8% - Industry AVG
Production
with a gross margin of 30.5%, this company has a comparable cost of product (30.5%)
- Thermal Spray Services Limited
30.5% - Industry AVG
Profitability
an operating margin of -21.7% make it less profitable than the average company (6%)
- Thermal Spray Services Limited
6% - Industry AVG
Employees
with 1 employees, this is below the industry average (65)
1 - Thermal Spray Services Limited
65 - Industry AVG
Pay Structure
on an average salary of £49.2k, the company has an equivalent pay structure (£49.2k)
- Thermal Spray Services Limited
£49.2k - Industry AVG
Efficiency
resulting in sales per employee of £108.3k, this is less efficient (£180.7k)
- Thermal Spray Services Limited
£180.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Thermal Spray Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (46 days)
- Thermal Spray Services Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Thermal Spray Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 76 weeks, this is more cash available to meet short term requirements (13 weeks)
76 weeks - Thermal Spray Services Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62%, this is a higher level of debt than the average (48.6%)
62% - Thermal Spray Services Limited
48.6% - Industry AVG
THERMAL SPRAY SERVICES LIMITED financials
Thermal Spray Services Limited's latest turnover from July 2023 is estimated at £108.3 thousand and the company has net assets of £9 thousand. According to their latest financial statements, Thermal Spray Services Limited has 1 employee and maintains cash reserves of £21.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 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 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 864 | 1,200 | 556 | 314 | 435 | 612 | 870 | 1,255 | 900 | 1,349 | 367 | 1 | 1 | 131 | 274 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 1 | 1 | 1 | ||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 864 | 1,200 | 556 | 314 | 435 | 612 | 871 | 1,256 | 901 | 1,349 | 367 | 1 | 1 | 131 | 274 |
| Stock & work in progress | 18,819 | 99 | |||||||||||||
| Trade Debtors | 4,318 | 2,569 | 20,893 | 7,197 | 8,958 | 74,486 | 106,796 | 185,649 | 27,354 | 29,379 | 25,169 | 30,284 | 13,207 | ||
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,210 | 1,331 | 359 | 143 | 13,661 | 1,515 | 1,848 | 2,183 | |||||||
| Cash | 21,585 | 49,029 | 42,939 | 75,636 | 81,140 | 77,026 | 99,335 | 94,529 | 95,038 | 204,425 | 265,799 | 202,911 | 166,889 | 104,212 | 239,289 |
| misc current assets | |||||||||||||||
| total current assets | 22,795 | 54,678 | 45,867 | 75,779 | 115,694 | 85,738 | 110,141 | 171,198 | 201,834 | 390,074 | 311,972 | 232,389 | 192,058 | 134,496 | 252,496 |
| total assets | 23,659 | 55,878 | 46,423 | 76,093 | 116,129 | 86,350 | 111,012 | 172,454 | 202,735 | 391,423 | 312,339 | 232,390 | 192,059 | 134,627 | 252,770 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,157 | 5,480 | 3,910 | 1,390 | 14,865 | 2,194 | 10,020 | 8,210 | 42,350 | 111,747 | 84,186 | 130,229 | 74,811 | 57,053 | 210,231 |
| Group/Directors Accounts | 3,119 | 2,624 | 1,228 | 614 | 844 | 990 | 495 | ||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 10,392 | 17,067 | 11,492 | 10,467 | 25,276 | 11,710 | 4,451 | 1,497 | |||||||
| total current liabilities | 14,668 | 25,171 | 16,630 | 12,471 | 40,141 | 14,748 | 15,461 | 10,202 | 42,350 | 111,747 | 84,186 | 130,229 | 74,811 | 57,053 | 210,231 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 58 | 58 | 58 | ||||||||||||
| total long term liabilities | 58 | 58 | 58 | ||||||||||||
| total liabilities | 14,668 | 25,171 | 16,630 | 12,471 | 40,141 | 14,748 | 15,461 | 10,202 | 42,350 | 111,747 | 84,186 | 130,229 | 74,869 | 57,111 | 210,289 |
| net assets | 8,991 | 30,707 | 29,793 | 63,622 | 75,988 | 71,602 | 95,551 | 162,252 | 160,385 | 279,676 | 228,153 | 102,161 | 117,190 | 77,516 | 42,481 |
| total shareholders funds | 8,991 | 30,707 | 29,793 | 63,622 | 75,988 | 71,602 | 95,551 | 162,252 | 160,385 | 279,676 | 228,153 | 102,161 | 117,190 | 77,516 | 42,481 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 336 | 484 | 171 | 121 | 177 | 258 | 385 | 570 | 449 | 673 | 179 | 143 | 143 | 121 | |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -18,819 | 18,720 | 99 | ||||||||||||
| Debtors | -4,439 | 2,721 | 2,785 | -34,411 | 25,842 | -2,094 | -65,863 | -30,127 | -78,853 | 158,295 | -2,025 | 4,210 | -5,115 | 17,077 | 13,207 |
| Creditors | -4,323 | 1,570 | 2,520 | -13,475 | 12,671 | -7,826 | 1,810 | -34,140 | -69,397 | 27,561 | -46,043 | 55,418 | 17,758 | -153,178 | 210,231 |
| Accruals and Deferred Income | -6,675 | 5,575 | 1,025 | -14,809 | 13,566 | 7,259 | 2,954 | 1,497 | |||||||
| Deferred Taxes & Provisions | -58 | 58 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1 | 1 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 495 | 1,396 | 614 | 614 | -844 | -146 | 495 | 495 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -27,444 | 6,090 | -32,697 | -5,504 | 4,114 | -22,309 | 4,806 | -509 | -109,387 | -61,374 | 62,888 | 36,022 | 62,677 | -135,077 | 239,289 |
| overdraft | |||||||||||||||
| change in cash | -27,444 | 6,090 | -32,697 | -5,504 | 4,114 | -22,309 | 4,806 | -509 | -109,387 | -61,374 | 62,888 | 36,022 | 62,677 | -135,077 | 239,289 |
thermal spray services limited Credit Report and Business Information
Thermal Spray Services Limited Competitor Analysis
Perform a competitor analysis for thermal spray services limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in BH9 area or any other competitors across 12 key performance metrics.
thermal spray services limited Ownership
THERMAL SPRAY SERVICES LIMITED group structure
Thermal Spray Services Limited has no subsidiary companies.
Ultimate parent company
THERMAL SPRAY SERVICES LIMITED
06652059
thermal spray services limited directors
Thermal Spray Services Limited currently has 2 directors. The longest serving directors include Mr Russell Cook (Jul 2008) and Mrs Joanne Hargreaves (Nov 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Russell Cook | England | 62 years | Jul 2008 | - | Director |
| Mrs Joanne Hargreaves | England | 56 years | Nov 2010 | - | Director |
P&L
July 2023turnover
108.3k
+43%
operating profit
-23.5k
0%
gross margin
30.5%
-4.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
9k
-0.71%
total assets
23.7k
-0.58%
cash
21.6k
-0.56%
net assets
Total assets minus all liabilities
Similar Companies
thermal spray services limited company details
company number
06652059
Type
Private limited with Share Capital
industry
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
July 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
TAXSMART ACCOUNTING
auditor
-
address
1 sandringham gardens, bournemouth, dorset, BH9 3QW
Bank
-
Legal Advisor
-
thermal spray services 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 thermal spray services limited.
thermal spray services 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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thermal spray services limited Companies House Filings - See Documents
| date | description | view/download |
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