trullo limited
trullo limited Company Information
Company Number
06662679
Next Accounts
May 2025
Shareholders
conor john gadd
timothy joseph siadatan
View AllGroup Structure
View All
Industry
Licensed restaurants
Registered Address
conor gadd trullo limited, 300-302 st paul's road, london, N1 2LH
Website
www.trullorestaurant.comtrullo limited Estimated Valuation
Pomanda estimates the enterprise value of TRULLO LIMITED at £1.3m based on a Turnover of £1.9m and 0.69x industry multiple (adjusted for size and gross margin).
trullo limited Estimated Valuation
Pomanda estimates the enterprise value of TRULLO LIMITED at £993.2k based on an EBITDA of £223.9k and a 4.44x industry multiple (adjusted for size and gross margin).
trullo limited Estimated Valuation
Pomanda estimates the enterprise value of TRULLO LIMITED at £0 based on Net Assets of £-40.6k and 2.5x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Trullo Limited Overview
Trullo Limited is a live company located in london, N1 2LH with a Companies House number of 06662679. It operates in the licenced restaurants sector, SIC Code 56101. Founded in August 2008, it's largest shareholder is conor john gadd with a 50.5% stake. Trullo Limited is a established, small sized company, Pomanda has estimated its turnover at £1.9m with healthy growth in recent years.
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Trullo Limited Health Check
Pomanda's financial health check has awarded Trullo Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £1.9m, make it in line with the average company (£2.1m)
- Trullo Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (5.8%)
- Trullo Limited
5.8% - Industry AVG
Production
with a gross margin of 57.7%, this company has a comparable cost of product (57.7%)
- Trullo Limited
57.7% - Industry AVG
Profitability
an operating margin of 7.9% make it more profitable than the average company (2.7%)
- Trullo Limited
2.7% - Industry AVG
Employees
with 53 employees, this is above the industry average (42)
53 - Trullo Limited
42 - Industry AVG
Pay Structure
on an average salary of £19.9k, the company has an equivalent pay structure (£19.9k)
- Trullo Limited
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £35.5k, this is less efficient (£54.6k)
- Trullo Limited
£54.6k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (6 days)
- Trullo Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is close to average (49 days)
- Trullo Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is more than average (12 days)
- Trullo Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (14 weeks)
18 weeks - Trullo Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.9%, this is a higher level of debt than the average (82.6%)
106.9% - Trullo Limited
82.6% - Industry AVG
TRULLO LIMITED financials
Trullo Limited's latest turnover from August 2023 is estimated at £1.9 million and the company has net assets of -£40.6 thousand. According to their latest financial statements, Trullo Limited has 53 employees and maintains cash reserves of £175.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,253,422 | 1,110,618 | 825,795 | 102,398 | 1,780 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 891,498 | 822,240 | 677,783 | 80,742 | 1,124 | ||||||||||
| Gross Profit | 361,924 | 288,378 | 148,012 | 21,656 | 656 | ||||||||||
| Admin Expenses | 273,565 | 244,761 | 166,731 | 61,976 | 2,105 | ||||||||||
| Operating Profit | 88,359 | 43,617 | -18,719 | -40,320 | -1,449 | ||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 88,359 | 43,617 | -18,719 | -40,320 | -1,449 | ||||||||||
| Tax | |||||||||||||||
| Profit After Tax | 88,359 | 43,617 | -18,719 | -40,320 | -1,449 | ||||||||||
| Dividends Paid | 50,000 | ||||||||||||||
| Retained Profit | 38,359 | 43,617 | -18,719 | -40,320 | -1,449 | ||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 53 | 53 | 51 | 45 | 36 | 36 | 34 | 32 | |||||||
| EBITDA* | 142,089 | 91,736 | 13,611 | -35,073 | -1,449 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 331,593 | 349,062 | 391,524 | 383,381 | 365,185 | 291,607 | 340,427 | 405,714 | 453,635 | 475,515 | 344,356 | 333,142 | 347,415 | 174,752 | |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 331,593 | 349,062 | 391,524 | 383,381 | 365,185 | 291,607 | 340,427 | 405,714 | 453,635 | 475,515 | 344,356 | 333,142 | 347,415 | 174,752 | |
| Stock & work in progress | 43,931 | 32,528 | 25,524 | 19,855 | 20,528 | 17,796 | 14,436 | 16,322 | 10,553 | 8,447 | 8,299 | 6,930 | 7,878 | 3,524 | |
| Trade Debtors | 15,401 | 2,363 | 2,289 | 4,686 | 2,661 | 83,601 | 52,210 | ||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 20,031 | 21,037 | 17,357 | 34,937 | 44,192 | 41,844 | 37,514 | 48,719 | 92,833 | 90,271 | 75,706 | 37,157 | 500 | ||
| Cash | 175,234 | 141,014 | 230,361 | 330,317 | 157,219 | 81,928 | 40,377 | 72,454 | 62,667 | 52,456 | 69,482 | 122,089 | 7,931 | 55,123 | 5,377 |
| misc current assets | 7,424 | ||||||||||||||
| total current assets | 254,597 | 196,942 | 275,531 | 389,795 | 224,600 | 141,568 | 92,327 | 137,495 | 156,821 | 113,113 | 170,614 | 219,290 | 91,515 | 103,228 | 5,877 |
| total assets | 586,190 | 546,004 | 667,055 | 773,176 | 589,785 | 433,175 | 432,754 | 543,209 | 610,456 | 588,628 | 514,970 | 552,432 | 438,930 | 277,980 | 5,877 |
| Bank overdraft | 83,560 | ||||||||||||||
| Bank loan | 91,923 | 87,500 | 75,000 | ||||||||||||
| Trade Creditors | 99,278 | 206,709 | 199,825 | 157,371 | 220,768 | 83,672 | 87,525 | 69,557 | 263,656 | 255,172 | 63,284 | 103,223 | 53,226 | 26,099 | |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 298,662 | 303,492 | 326,906 | 370,195 | 184,456 | 186,076 | 169,399 | 195,812 | 99,113 | 100,178 | 58,551 | 43,612 | 2,306 | ||
| total current liabilities | 489,863 | 597,701 | 601,731 | 527,566 | 405,224 | 269,748 | 256,924 | 265,369 | 263,656 | 255,172 | 245,957 | 203,401 | 111,777 | 69,711 | 2,306 |
| loans | 136,923 | 233,269 | 305,000 | 230,000 | 247,487 | 365,864 | 387,603 | 250,000 | 5,000 | ||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 17,654 | 70,762 | 116,704 | 175,940 | 247,488 | 289,267 | |||||||||
| provisions | |||||||||||||||
| total long term liabilities | 136,923 | 233,269 | 305,000 | 230,000 | 17,654 | 70,762 | 116,704 | 175,940 | 247,488 | 289,267 | 247,487 | 365,864 | 387,603 | 250,000 | 5,000 |
| total liabilities | 626,786 | 830,970 | 906,731 | 757,566 | 422,878 | 340,510 | 373,628 | 441,309 | 511,144 | 544,439 | 493,444 | 569,265 | 499,380 | 319,711 | 7,306 |
| net assets | -40,596 | -284,966 | -239,676 | 15,610 | 166,907 | 92,665 | 59,126 | 101,900 | 99,312 | 44,189 | 21,526 | -16,833 | -60,450 | -41,731 | -1,429 |
| total shareholders funds | -40,596 | -284,966 | -239,676 | 15,610 | 166,907 | 92,665 | 59,126 | 101,900 | 99,312 | 44,189 | 21,526 | -16,833 | -60,450 | -41,731 | -1,429 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 88,359 | 43,617 | -18,719 | -40,320 | -1,449 | ||||||||||
| Depreciation | 75,458 | 79,402 | 84,900 | 93,243 | 80,340 | 79,345 | 80,514 | 75,325 | 72,557 | 67,004 | 53,730 | 48,119 | 32,330 | 5,247 | |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 11,403 | 7,004 | 5,669 | -673 | 2,732 | 3,360 | -1,886 | 5,769 | 2,106 | 148 | 1,369 | -948 | 4,354 | 3,524 | |
| Debtors | 12,032 | 3,754 | -19,977 | -7,230 | 5,009 | 4,330 | -11,205 | -34,882 | 31,391 | -40,623 | 2,562 | 14,565 | 38,549 | 36,657 | 500 |
| Creditors | -107,431 | 6,884 | 42,454 | -63,397 | 137,096 | -3,853 | 17,968 | -194,099 | 8,484 | 191,888 | -39,939 | 49,997 | 27,127 | 26,099 | |
| Accruals and Deferred Income | -4,830 | -23,414 | -43,289 | 185,739 | -1,620 | 16,677 | -26,413 | 195,812 | -99,113 | -1,065 | 41,627 | 14,939 | 41,306 | 2,306 | |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 97,154 | 169,743 | 12,774 | -7,849 | 357 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 4,423 | 12,500 | 75,000 | ||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -96,346 | -71,731 | 75,000 | 230,000 | -247,487 | -118,377 | -21,739 | 137,603 | 245,000 | 5,000 | |||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -17,654 | -53,108 | -45,942 | -59,236 | -71,548 | -41,779 | 289,267 | ||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 137,603 | 245,018 | 5,020 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 34,220 | -89,347 | -99,956 | 173,098 | 75,291 | 41,551 | -32,077 | 9,787 | 10,211 | -17,026 | -52,607 | 114,158 | -47,192 | 49,746 | 5,377 |
| overdraft | -83,560 | 83,560 | |||||||||||||
| change in cash | 34,220 | -89,347 | -99,956 | 173,098 | 75,291 | 41,551 | -32,077 | 9,787 | 10,211 | 66,534 | -136,167 | 114,158 | -47,192 | 49,746 | 5,377 |
trullo limited Credit Report and Business Information
Trullo Limited Competitor Analysis
Perform a competitor analysis for trullo limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in N 1 area or any other competitors across 12 key performance metrics.
trullo limited Ownership
TRULLO LIMITED group structure
Trullo Limited has no subsidiary companies.
Ultimate parent company
TRULLO LIMITED
06662679
trullo limited directors
Trullo Limited currently has 4 directors. The longest serving directors include Mr Jordan Frieda (Aug 2008) and Mr Timothy Siadatan (Oct 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jordan Frieda | United Kingdom | 47 years | Aug 2008 | - | Director |
| Mr Timothy Siadatan | England | 41 years | Oct 2009 | - | Director |
| Mr Conor Gadd | England | 41 years | Oct 2017 | - | Director |
| Ms Gillian Gadd | 40 years | May 2023 | - | Director |
P&L
August 2023turnover
1.9m
+33%
operating profit
148.4k
0%
gross margin
57.7%
+1.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-40.6k
-0.86%
total assets
586.2k
+0.07%
cash
175.2k
+0.24%
net assets
Total assets minus all liabilities
Similar Companies
trullo limited company details
company number
06662679
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
August 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
conor gadd trullo limited, 300-302 st paul's road, london, N1 2LH
Bank
-
Legal Advisor
-
trullo 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 3 charges/mortgages relating to trullo limited. Currently there are 1 open charges and 2 have been satisfied in the past.
trullo 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 TRULLO LIMITED. This can take several minutes, an email will notify you when this has completed.
trullo limited Companies House Filings - See Documents
| date | description | view/download |
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