thornton properties limited
thornton properties limited Company Information
Company Number
06810524
Website
www.thornton-properties.comRegistered Address
2/4 ash lane, rustington, littlehampton, west sussex, BN16 3BZ
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
michael holland 100%
thornton properties limited Estimated Valuation
Pomanda estimates the enterprise value of THORNTON PROPERTIES LIMITED at £1.4m based on a Turnover of £430.9k and 3.23x industry multiple (adjusted for size and gross margin).
thornton properties limited Estimated Valuation
Pomanda estimates the enterprise value of THORNTON PROPERTIES LIMITED at £5.2m based on an EBITDA of £762.1k and a 6.83x industry multiple (adjusted for size and gross margin).
thornton properties limited Estimated Valuation
Pomanda estimates the enterprise value of THORNTON PROPERTIES LIMITED at £19m based on Net Assets of £19.2m and 0.99x industry multiple (adjusted for liquidity).
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Thornton Properties Limited Overview
Thornton Properties Limited is a live company located in littlehampton, BN16 3BZ with a Companies House number of 06810524. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2009, it's largest shareholder is michael holland with a 100% stake. Thornton Properties Limited is a established, micro sized company, Pomanda has estimated its turnover at £430.9k with high growth in recent years.
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Thornton Properties Limited Health Check
Pomanda's financial health check has awarded Thornton Properties Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £430.9k, make it smaller than the average company (£815.1k)
- Thornton Properties Limited
£815.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (1.5%)
- Thornton Properties Limited
1.5% - Industry AVG
Production
with a gross margin of 72.2%, this company has a comparable cost of product (72.2%)
- Thornton Properties Limited
72.2% - Industry AVG
Profitability
an operating margin of 176.8% make it more profitable than the average company (34.5%)
- Thornton Properties Limited
34.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Thornton Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.6k, the company has an equivalent pay structure (£30.6k)
- Thornton Properties Limited
£30.6k - Industry AVG
Efficiency
resulting in sales per employee of £215.5k, this is more efficient (£178.1k)
- Thornton Properties Limited
£178.1k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (33 days)
- Thornton Properties Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (35 days)
- Thornton Properties Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Thornton Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (14 weeks)
16 weeks - Thornton Properties Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.3%, this is a lower level of debt than the average (66.9%)
24.3% - Thornton Properties Limited
66.9% - Industry AVG
THORNTON PROPERTIES LIMITED financials
Thornton Properties Limited's latest turnover from February 2023 is estimated at £430.9 thousand and the company has net assets of £19.2 million. According to their latest financial statements, Thornton Properties Limited has 2 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | 0 | |||||||||||||
| Profit After Tax | 0 | |||||||||||||
| Dividends Paid | 0 | |||||||||||||
| Retained Profit | 0 | |||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 1 | 1 | 1 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 924 | 671 | 841 | 1,059 | 1,335 | 1,687 | 2,141 | 4,444 | 5,634 | 7,163 | 9,135 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 23,269,917 | 14,866,577 | 14,476,623 | 18,397,510 | 10,759,425 | 7,414,499 | 7,374,152 | 1,708,580 | 3,563,580 | 5,636,580 | 8,341,020 | 1,082,944 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 23,270,841 | 14,867,248 | 14,477,464 | 18,398,569 | 10,760,760 | 7,416,186 | 7,376,293 | 1,713,024 | 3,569,214 | 5,643,743 | 8,350,155 | 1,082,944 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 58,779 | 13,287 | 64,536 | 39,000 | 600 | 0 | 0 | 0 | 15,582,993 | 13,535,857 | 14,344,724 | 1,221 | 0 | 0 |
| Group Debtors | 0 | 0 | 3,926,574 | 3,973,574 | 5,847,474 | 11,782,103 | 11,732,103 | 11,811,790 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 117,486 | 2,672,533 | 1,522,009 | 3,168,320 | 5,022,563 | 4,711,063 | 6,175,838 | 5,260,380 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,945,667 | 7,231,291 | 6,462,571 | 1,464,898 | 3,826,794 | 1,344,297 | 15,338 | 141,679 | 2,383,837 | 1,187,892 | 16,376 | 12,702 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,121,932 | 9,917,111 | 11,975,690 | 8,645,792 | 14,697,431 | 17,837,463 | 17,923,279 | 17,213,849 | 17,966,830 | 14,723,749 | 14,361,100 | 13,923 | 0 | 0 |
| total assets | 25,392,773 | 24,784,359 | 26,453,154 | 27,044,361 | 25,458,191 | 25,253,649 | 25,299,572 | 18,926,873 | 21,536,044 | 20,367,492 | 22,711,255 | 1,096,867 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 90,865 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,789 | 5,200 | 7,125 | 2,462 | 3,127 | 1,540 | 1,540 | 1,540 | 7,155,370 | 4,014,286 | 5,980,367 | 16,769 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 158,942 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 873,702 | 909,680 | 1,471,668 | 1,684,256 | 160 | 6,050 | 800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,277,592 | 5,328,185 | 5,902,001 | 5,144,019 | 4,933,253 | 4,728,089 | 4,739,664 | 3,578,108 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 6,158,083 | 6,243,065 | 7,380,794 | 6,830,737 | 4,936,540 | 4,735,679 | 4,742,004 | 3,829,455 | 7,155,370 | 4,014,286 | 5,980,367 | 16,769 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,825,338 | 3,210,924 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 683,662 | 546,141 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 914,711 | 900,925 | 898,912 | 937,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 914,711 | 900,925 | 898,912 | 937,800 | 0 | 0 | 2,509,000 | 3,757,065 | 0 | 0 | 0 |
| total liabilities | 6,158,083 | 6,243,065 | 7,380,794 | 7,745,448 | 5,837,465 | 5,634,591 | 5,679,804 | 3,829,455 | 7,155,370 | 6,523,286 | 9,737,432 | 16,769 | 0 | 0 |
| net assets | 19,234,690 | 18,541,294 | 19,072,360 | 19,298,913 | 19,620,726 | 19,619,058 | 19,619,768 | 15,097,418 | 14,380,674 | 13,844,206 | 12,973,823 | 1,080,098 | 0 | 0 |
| total shareholders funds | 19,234,690 | 18,541,294 | 19,072,360 | 19,298,913 | 19,620,726 | 19,619,058 | 19,619,768 | 15,097,418 | 14,380,674 | 13,844,206 | 12,973,823 | 1,080,098 | 0 | 0 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 403 | 170 | 218 | 276 | 352 | 454 | 926 | 1,190 | 1,529 | 1,972 | 2,554 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,509,555 | -2,827,299 | -1,667,775 | -3,689,743 | -5,622,529 | -1,414,775 | 835,771 | 1,489,177 | 2,047,136 | -808,867 | 14,343,503 | 1,221 | 0 | 0 |
| Creditors | 1,589 | -1,925 | 4,663 | -665 | 1,587 | 0 | 0 | -7,153,830 | 3,141,084 | -1,966,081 | 5,963,598 | 16,769 | 0 | 0 |
| Accruals and Deferred Income | -50,593 | -573,816 | 757,982 | 210,766 | 205,164 | -11,575 | 1,161,556 | 3,578,108 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -914,711 | 13,786 | 2,013 | -38,888 | 937,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 8,403,340 | 389,954 | -3,920,887 | 7,638,085 | 3,344,926 | 40,347 | 5,665,572 | -1,855,000 | -2,073,000 | -2,704,440 | 7,258,076 | 1,082,944 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -158,942 | 158,942 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -35,978 | -561,988 | -212,588 | 1,684,096 | -5,890 | 5,250 | 800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,825,338 | -1,385,586 | 3,210,924 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -683,662 | 137,521 | 546,141 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -5,285,624 | 768,720 | 4,997,673 | -2,361,896 | 2,482,497 | 1,328,959 | -126,341 | -2,242,158 | 1,195,945 | 1,171,516 | 3,674 | 12,702 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -90,865 | 90,865 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -5,285,624 | 768,720 | 4,997,673 | -2,361,896 | 2,482,497 | 1,328,959 | -35,476 | -2,333,023 | 1,195,945 | 1,171,516 | 3,674 | 12,702 | 0 | 0 |
thornton properties limited Credit Report and Business Information
Thornton Properties Limited Competitor Analysis
Perform a competitor analysis for thornton properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BN16 area or any other competitors across 12 key performance metrics.
thornton properties limited Ownership
THORNTON PROPERTIES LIMITED group structure
Thornton Properties Limited has no subsidiary companies.
Ultimate parent company
THORNTON PROPERTIES LIMITED
06810524
thornton properties limited directors
Thornton Properties Limited currently has 3 directors. The longest serving directors include Mr Michael Holland (Jun 2009) and Ms Samantha Bradbury (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Holland | 77 years | Jun 2009 | - | Director | |
| Ms Samantha Bradbury | 42 years | Apr 2023 | - | Director | |
| Mr Stefan Holland | 33 years | Aug 2024 | - | Director |
P&L
February 2023turnover
430.9k
+299%
operating profit
761.7k
0%
gross margin
72.2%
+1.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
19.2m
+0.04%
total assets
25.4m
+0.02%
cash
1.9m
-0.73%
net assets
Total assets minus all liabilities
thornton properties limited company details
company number
06810524
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
February 2009
age
15
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
February 2023
address
2/4 ash lane, rustington, littlehampton, west sussex, BN16 3BZ
accountant
LUCRAFT HODGSON & DAWES LLP
auditor
-
thornton properties 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 thornton properties limited.
thornton properties limited Companies House Filings - See Documents
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