Pomanda estimates the enterprise value of THORNTON PROPERTIES LIMITED at £2.5m based on a Turnover of £765.2k and 3.2x industry multiple (adjusted for size and gross margin).
thornton properties limitedEstimated Valuation
£3.9m
Pomanda estimates the enterprise value of THORNTON PROPERTIES LIMITED at £3.9m based on an EBITDA of £627.3k and a 6.24x industry multiple (adjusted for size and gross margin).
thornton properties limitedEstimated Valuation
£33.2m
Pomanda estimates the enterprise value of THORNTON PROPERTIES LIMITED at £33.2m based on Net Assets of £19.7m and 1.68x industry multiple (adjusted for liquidity).
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Thornton Properties LimitedOverview
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,
small sized company, Pomanda has estimated its turnover at
£765.2k with
high
growth in recent years.
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 6 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
3 Regular
2 Weak
Size
annual sales of £765.2k, make it in line with the average company (£952.8k)
£765.2k - Thornton Properties Limited
£952.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (4.8%)
26% - Thornton Properties Limited
4.8% - Industry AVG
Production
with a gross margin of 72.5%, this company has a comparable cost of product (72.5%)
72.5% - Thornton Properties Limited
72.5% - Industry AVG
Profitability
an operating margin of 81.9% make it more profitable than the average company (25%)
81.9% - Thornton Properties Limited
25% - 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 £32.6k, the company has an equivalent pay structure (£32.6k)
£32.6k - Thornton Properties Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £382.6k, this is more efficient (£186k)
£382.6k - Thornton Properties Limited
£186k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (32 days)
52 days - Thornton Properties Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 99 days, this is slower than average (37 days)
99 days - Thornton Properties Limited
37 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 13 weeks, this is more cash available to meet short term requirements (10 weeks)
13 weeks - Thornton Properties Limited
10 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 (68.7%)
24.3% - Thornton Properties Limited
68.7% - Industry AVG
THORNTON PROPERTIES LIMITED financials
EXPORT
Thornton Properties Limited's latest turnover from February 2024 is estimated at £765.2 thousand and the company has net assets of £19.7 million. According to their latest financial statements, Thornton Properties Limited has 2 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
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
765,224
431,368
108,693
385,338
281,956
46,838
4,472
3,583
4,279
159,144,352
126,657,136
130,562,671
24,607
Other Income Or Grants
Cost Of Sales
210,305
119,246
30,988
105,330
84,196
13,629
1,244
958
1,301
55,676,245
43,821,511
44,333,474
8,215
Gross Profit
554,919
312,123
77,706
280,007
197,760
33,209
3,228
2,626
2,978
103,468,107
82,835,625
86,229,197
16,392
Admin Expenses
-72,104
-449,551
565,613
414,268
482,568
-5,324,976
46,002
-661,995
-2,494,878
101,730,363
81,034,179
74,037,598
-1,321,760
Operating Profit
627,023
761,674
-487,907
-134,261
-284,808
5,358,185
-42,774
664,621
2,497,856
1,737,744
1,801,446
12,191,599
1,338,152
Interest Payable
98,326
89,169
77,394
96,256
56,849
210
223
2,865
2,953
59,323
163,679
104,355
Interest Receivable
95,384
183,539
34,235
3,964
19,844
19,392
3,399
196
6,314
8,929
3,011
73
32
Pre-Tax Profit
624,081
856,044
-531,066
-226,553
-321,813
5,377,367
-39,598
661,953
2,501,216
1,687,349
1,640,778
12,087,317
1,338,184
Tax
-156,020
-162,648
-1,021,700
-132,390
-500,243
-354,343
-377,379
-2,900,956
-347,928
Profit After Tax
468,061
693,396
-531,066
-226,553
-321,813
4,355,667
-39,598
529,562
2,000,973
1,333,006
1,263,399
9,186,361
990,256
Dividends Paid
Retained Profit
468,061
693,396
-531,066
-226,553
-321,813
4,355,667
-39,598
529,562
2,000,973
1,333,006
1,263,399
9,186,361
990,256
Employee Costs
65,260
62,000
29,908
27,033
28,304
27,388
26,486
25,887
26,610
24,931,671
18,661,500
19,632,000
23,916
Number Of Employees
2
2
1
1
1
1
1
1
1
958
754
818
1
EBITDA*
627,299
762,077
-487,737
-134,043
-284,532
5,358,537
-42,320
665,547
2,499,046
1,739,273
1,803,418
12,194,153
1,338,152
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
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
648
924
671
841
1,059
1,335
1,687
2,141
4,444
5,634
7,163
9,135
Intangible Assets
Investments & Other
24,118,893
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
Debtors (Due After 1 year)
Total Fixed Assets
24,119,541
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
Stock & work in progress
Trade Debtors
109,271
58,779
13,287
64,536
39,000
600
15,582,993
13,535,857
14,344,724
1,221
Group Debtors
3,926,574
3,973,574
5,847,474
11,782,103
11,732,103
11,811,790
Misc Debtors
100,105
117,486
2,672,533
1,522,009
3,168,320
5,022,563
4,711,063
6,175,838
5,260,380
Cash
1,688,027
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
misc current assets
total current assets
1,897,403
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
total assets
26,016,944
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
Bank overdraft
90,865
Bank loan
Trade Creditors
57,177
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
Group/Directors Accounts
158,942
other short term finances
874,314
873,702
909,680
1,471,668
1,684,256
160
6,050
800
hp & lease commitments
other current liabilities
5,382,702
5,277,592
5,328,185
5,902,001
5,144,019
4,933,253
4,728,089
4,739,664
3,578,108
total current liabilities
6,314,193
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
loans
1,825,338
3,210,924
hp & lease commitments
Accruals and Deferred Income
other liabilities
683,662
546,141
provisions
914,711
900,925
898,912
937,800
total long term liabilities
914,711
900,925
898,912
937,800
2,509,000
3,757,065
total liabilities
6,314,193
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
net assets
19,702,751
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
total shareholders funds
19,702,751
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
Feb 2024
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
627,023
761,674
-487,907
-134,261
-284,808
5,358,185
-42,774
664,621
2,497,856
1,737,744
1,801,446
12,191,599
1,338,152
Depreciation
276
403
170
218
276
352
454
926
1,190
1,529
1,972
2,554
Amortisation
Tax
-156,020
-162,648
-1,021,700
-132,390
-500,243
-354,343
-377,379
-2,900,956
-347,928
Stock
Debtors
33,111
-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
Creditors
50,388
1,589
-1,925
4,663
-665
1,587
-7,153,830
3,141,084
-1,966,081
5,963,598
16,769
Accruals and Deferred Income
105,110
-50,593
-573,816
757,982
210,766
205,164
-11,575
1,161,556
3,578,108
Deferred Taxes & Provisions
-914,711
13,786
2,013
-38,888
937,800
Cash flow from operations
593,666
3,059,980
1,763,821
1,381,666
3,629,098
10,168,130
1,321,992
1,796,742
-3,066,096
2,478,878
268,825
913,292
1,005,772
Investing Activities
capital expenditure
-656
1,377
-11,689
Change in Investments
848,976
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
cash flow from investments
-848,976
-8,403,996
-389,954
3,920,887
-7,638,085
-3,344,926
-40,347
-5,664,195
1,855,000
2,073,000
2,704,440
-7,269,765
-1,082,944
Financing Activities
Bank loans
Group/Directors Accounts
-158,942
158,942
Other Short Term Loans
612
-35,978
-561,988
-212,588
1,684,096
-5,890
5,250
800
Long term loans
-1,825,338
-1,385,586
3,210,924
Hire Purchase and Lease Commitments
other long term liabilities
-683,662
137,521
546,141
share issue
-4,353,999
38,888
3,992,788
-1,284,229
-796,538
-393,016
2,707,364
89,842
interest
-2,942
94,370
-43,159
-92,292
-37,005
19,182
3,176
-2,669
3,361
-50,394
-160,668
-104,282
32
cash flow from financing
-2,330
58,392
-605,147
-304,880
1,647,091
-4,340,707
47,314
3,831,977
-1,121,926
-3,355,932
-1,801,749
6,360,147
89,874
cash and cash equivalents
cash
-257,640
-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
overdraft
-90,865
90,865
change in cash
-257,640
-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
thornton properties 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 thornton properties limited. Get real-time insights into thornton properties limited's credit score, group structure and payment trends.
Perform a competitor analysis for thornton properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small 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 Shareholders
The sole shareholder of Thornton Properties Limited is Michael Holland.
michael holland
100%
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).
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
16
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
LUCRAFT HODGSON & DAWES LLP
auditor
-
address
2/4 ash lane, rustington, littlehampton, west sussex, BN16 3BZ
Bank
-
Legal Advisor
-
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 Capital Raised & Share Issues BETA
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thornton properties limitedCompanies House Filings - See Documents
