thanet ofto holdco limited
thanet ofto holdco limited Company Information
Company Number
07331890
Next Accounts
Dec 2025
Shareholders
equitix infrastructure 3 limited
balfour beatty of to holdings ltd
Group Structure
View All
Industry
Activities of head offices
Registered Address
q14 quorum business park, benton lane, newcastle upon tyne, england, NE12 8BU
Website
balfourbeatty.comthanet ofto holdco limited Estimated Valuation
Pomanda estimates the enterprise value of THANET OFTO HOLDCO LIMITED at £3.6m based on a Turnover of £6.3m and 0.57x industry multiple (adjusted for size and gross margin).
thanet ofto holdco limited Estimated Valuation
Pomanda estimates the enterprise value of THANET OFTO HOLDCO LIMITED at £8.8m based on an EBITDA of £1.9m and a 4.54x industry multiple (adjusted for size and gross margin).
thanet ofto holdco limited Estimated Valuation
Pomanda estimates the enterprise value of THANET OFTO HOLDCO LIMITED at £0 based on Net Assets of £-2m and 2.11x industry multiple (adjusted for liquidity).
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Thanet Ofto Holdco Limited Overview
Thanet Ofto Holdco Limited is a live company located in newcastle upon tyne, NE12 8BU with a Companies House number of 07331890. It operates in the activities of head offices sector, SIC Code 70100. Founded in July 2010, it's largest shareholder is equitix infrastructure 3 limited with a 80% stake. Thanet Ofto Holdco Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.3m with healthy growth in recent years.
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Thanet Ofto Holdco Limited Health Check
Pomanda's financial health check has awarded Thanet Ofto Holdco Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £6.3m, make it smaller than the average company (£20.2m)
£6.3m - Thanet Ofto Holdco Limited
£20.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (8.9%)
15% - Thanet Ofto Holdco Limited
8.9% - Industry AVG
Production
with a gross margin of 33.2%, this company has a comparable cost of product (33.2%)
33.2% - Thanet Ofto Holdco Limited
33.2% - Industry AVG
Profitability
an operating margin of 31% make it more profitable than the average company (5.8%)
31% - Thanet Ofto Holdco Limited
5.8% - Industry AVG
Employees
with 33 employees, this is below the industry average (114)
- Thanet Ofto Holdco Limited
114 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Thanet Ofto Holdco Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £190.5k, this is equally as efficient (£196.2k)
- Thanet Ofto Holdco Limited
£196.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Thanet Ofto Holdco Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is quicker than average (42 days)
37 days - Thanet Ofto Holdco Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Thanet Ofto Holdco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (16 weeks)
49 weeks - Thanet Ofto Holdco Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.1%, this is a higher level of debt than the average (54.8%)
101.1% - Thanet Ofto Holdco Limited
54.8% - Industry AVG
THANET OFTO HOLDCO LIMITED financials
Thanet Ofto Holdco Limited's latest turnover from March 2024 is £6.3 million and the company has net assets of -£2 million. According to their latest financial statements, we estimate that Thanet Ofto Holdco Limited has 33 employees and maintains cash reserves of £16.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,285,000 | 5,405,000 | 4,820,000 | 4,177,000 | 4,620,000 | 3,541,000 | 4,213,000 | 4,370,000 | 4,357,000 | |||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 1,945,000 | 1,288,000 | -1,436,000 | 337,000 | 296,000 | 2,047,000 | -1,924,000 | -89,000 | -2,712,000 | 59,000 | ||||
| Interest Payable | 10,302,000 | 9,482,000 | 7,828,000 | 8,487,000 | 8,633,000 | 9,073,000 | 9,233,000 | 9,030,000 | 9,151,000 | 2,501,000 | ||||
| Interest Receivable | 11,237,000 | 11,039,000 | 11,141,000 | 11,543,000 | 11,815,000 | 12,023,000 | 12,257,000 | 12,335,000 | 11,722,000 | 3,142,000 | ||||
| Pre-Tax Profit | 2,880,000 | 2,845,000 | 1,877,000 | 3,393,000 | 3,478,000 | 4,997,000 | 1,100,000 | 3,216,000 | -141,000 | 700,000 | ||||
| Tax | -1,262,000 | -1,154,000 | -2,296,000 | -831,000 | -1,222,000 | -1,070,000 | -542,000 | -521,000 | 15,000 | -95,000 | ||||
| Profit After Tax | 1,618,000 | 1,691,000 | -419,000 | 2,562,000 | 2,256,000 | 3,927,000 | 558,000 | 2,695,000 | -126,000 | 605,000 | ||||
| Dividends Paid | 623,000 | 4,101,000 | 262,000 | |||||||||||
| Retained Profit | 1,618,000 | 1,691,000 | -419,000 | 1,939,000 | 2,256,000 | -174,000 | 558,000 | 2,433,000 | -126,000 | 605,000 | ||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 1,945,000 | 1,288,000 | -1,436,000 | 337,000 | 296,000 | 2,047,000 | -1,924,000 | -89,000 | -2,712,000 | 59,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 147,528,000 | 153,763,000 | 150,045,000 | 310,224,000 | 161,703,000 | 170,387,000 | 174,120,000 | 178,295,000 | 179,395,000 | 180,524,000 | ||||
| Intangible Assets | ||||||||||||||
| Investments & Other | 8,671,000 | 9,310,000 | 159,745,000 | 2 | ||||||||||
| Debtors (Due After 1 year) | 138,857,000 | 144,453,000 | 150,045,000 | 155,112,000 | 979,000 | |||||||||
| Total Fixed Assets | 147,528,000 | 153,763,000 | 150,045,000 | 155,112,000 | 160,724,000 | 170,387,000 | 174,120,000 | 178,295,000 | 179,395,000 | 180,524,000 | 2 | |||
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 270,000 | 250,000 | 119,000 | 343,000 | 731,000 | |||||||||
| Group Debtors | ||||||||||||||
| Misc Debtors | 688,000 | 456,000 | 524,000 | 503,000 | 337,000 | |||||||||
| Cash | 16,540,000 | 16,150,000 | 13,104,000 | 11,481,000 | 10,781,000 | 9,845,000 | 12,406,000 | 8,572,000 | 11,388,000 | 16,563,000 | ||||
| misc current assets | 9,452,000 | 9,982,000 | 9,974,000 | 10,038,000 | 9,600,000 | 3,362,000 | 3,413,000 | 9,797,000 | 5,549,000 | 3,320,000 | ||||
| total current assets | 26,680,000 | 26,588,000 | 23,872,000 | 22,272,000 | 20,837,000 | 13,550,000 | 16,550,000 | 18,369,000 | 16,937,000 | 19,883,000 | ||||
| total assets | 174,208,000 | 180,351,000 | 173,917,000 | 177,384,000 | 181,561,000 | 183,937,000 | 190,670,000 | 196,664,000 | 196,332,000 | 200,407,000 | 2 | |||
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 427,000 | 455,000 | 461,000 | 374,000 | 152,000 | 75,000 | 716,000 | 1,460,000 | 1,097,000 | 622,000 | ||||
| Group/Directors Accounts | ||||||||||||||
| other short term finances | 14,354,000 | 13,524,000 | 9,863,000 | 8,713,000 | 8,569,000 | 7,113,000 | 7,366,000 | 7,204,000 | ||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 2,481,000 | 2,625,000 | 2,675,000 | 2,133,000 | 1,268,000 | 1,418,000 | 2,219,000 | 2,739,000 | 9,344,000 | 9,600,000 | ||||
| total current liabilities | 17,262,000 | 16,604,000 | 12,999,000 | 11,220,000 | 9,989,000 | 8,606,000 | 10,301,000 | 11,403,000 | 10,441,000 | 10,222,000 | ||||
| loans | 283,447,000 | 301,900,000 | 319,094,000 | 327,187,000 | 346,437,000 | 358,180,000 | 365,345,000 | 203,099,000 | 196,061,000 | 200,368,000 | ||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 9,252,000 | 7,004,000 | 858,000 | 1,548,000 | ||||||||||
| total long term liabilities | 158,926,000 | 167,356,000 | 172,240,000 | 173,555,000 | 184,832,000 | 189,783,000 | 191,424,000 | 203,099,000 | 196,061,000 | 200,368,000 | ||||
| total liabilities | 176,188,000 | 183,960,000 | 185,239,000 | 184,775,000 | 194,821,000 | 198,389,000 | 201,725,000 | 214,502,000 | 206,502,000 | 210,590,000 | ||||
| net assets | -1,980,000 | -3,609,000 | -11,322,000 | -7,391,000 | -13,260,000 | -14,452,000 | -11,055,000 | -17,838,000 | -10,170,000 | -10,183,000 | 2 | |||
| total shareholders funds | -1,980,000 | -3,609,000 | -11,322,000 | -7,391,000 | -13,260,000 | -14,452,000 | -11,055,000 | -17,838,000 | -10,170,000 | -10,183,000 | 2 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,945,000 | 1,288,000 | -1,436,000 | 337,000 | 296,000 | 2,047,000 | -1,924,000 | -89,000 | -2,712,000 | 59,000 | ||||
| Depreciation | ||||||||||||||
| Amortisation | ||||||||||||||
| Tax | -1,262,000 | -1,154,000 | -2,296,000 | -831,000 | -1,222,000 | -1,070,000 | -542,000 | -521,000 | 15,000 | -95,000 | ||||
| Stock | ||||||||||||||
| Debtors | -5,364,000 | -5,930,000 | -5,026,000 | 154,430,000 | 1,092,000 | -388,000 | 731,000 | |||||||
| Creditors | -28,000 | -6,000 | 87,000 | 222,000 | 77,000 | -641,000 | -744,000 | 363,000 | 475,000 | 622,000 | ||||
| Accruals and Deferred Income | -144,000 | -50,000 | 542,000 | 865,000 | -150,000 | -801,000 | -520,000 | -6,605,000 | -256,000 | 9,600,000 | ||||
| Deferred Taxes & Provisions | 2,248,000 | 6,146,000 | -690,000 | 1,548,000 | ||||||||||
| Cash flow from operations | 8,123,000 | 12,154,000 | 1,233,000 | -152,289,000 | -2,091,000 | -77,000 | -4,461,000 | -6,852,000 | -2,478,000 | 10,186,000 | ||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -639,000 | 9,310,000 | -159,745,000 | 159,745,000 | -2 | 2 | ||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | 830,000 | 3,661,000 | 1,150,000 | 144,000 | 1,456,000 | -253,000 | 162,000 | 7,204,000 | ||||||
| Long term loans | -18,453,000 | -17,194,000 | -8,093,000 | -19,250,000 | -11,743,000 | -7,165,000 | 162,246,000 | 7,038,000 | -4,307,000 | 200,368,000 | ||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | 935,000 | 1,557,000 | 3,313,000 | 3,056,000 | 3,182,000 | 2,950,000 | 3,024,000 | 3,305,000 | 2,571,000 | 641,000 | ||||
| cash flow from financing | -16,677,000 | -5,954,000 | -7,142,000 | -12,120,000 | -8,169,000 | -7,691,000 | 171,657,000 | 7,446,000 | -1,597,000 | 190,221,000 | 2 | |||
| cash and cash equivalents | ||||||||||||||
| cash | 390,000 | 3,046,000 | 1,623,000 | 700,000 | 936,000 | -2,561,000 | 3,834,000 | -2,816,000 | -5,175,000 | 16,563,000 | ||||
| overdraft | ||||||||||||||
| change in cash | 390,000 | 3,046,000 | 1,623,000 | 700,000 | 936,000 | -2,561,000 | 3,834,000 | -2,816,000 | -5,175,000 | 16,563,000 |
thanet ofto holdco limited Credit Report and Business Information
Thanet Ofto Holdco Limited Competitor Analysis
Perform a competitor analysis for thanet ofto holdco limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in NE12 area or any other competitors across 12 key performance metrics.
thanet ofto holdco limited Ownership
THANET OFTO HOLDCO LIMITED group structure
Thanet Ofto Holdco Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
THANET OFTO HOLDCO LIMITED
07331890
2 subsidiaries
thanet ofto holdco limited directors
Thanet Ofto Holdco Limited currently has 5 directors. The longest serving directors include Mr Brian Walker (Dec 2010) and Mr Paul Gill (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian Walker | 69 years | Dec 2010 | - | Director | |
| Mr Paul Gill | United Kingdom | 50 years | May 2020 | - | Director |
| Mr Robert Edwards | United Kingdom | 53 years | May 2024 | - | Director |
| Jonathan Ball | England | 44 years | Dec 2024 | - | Director |
| Mr Tarkan Pulur | United Kingdom | 48 years | Jan 2025 | - | Director |
P&L
March 2024turnover
6.3m
+16%
operating profit
1.9m
+51%
gross margin
33.2%
+0.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-2m
-0.45%
total assets
174.2m
-0.03%
cash
16.5m
+0.02%
net assets
Total assets minus all liabilities
thanet ofto holdco limited company details
company number
07331890
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
July 2010
age
15
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
alnery no. 2932 limited (December 2010)
accountant
-
auditor
KPMG LLP
address
q14 quorum business park, benton lane, newcastle upon tyne, england, NE12 8BU
Bank
SMBC
Legal Advisor
-
thanet ofto holdco 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 thanet ofto holdco limited.
thanet ofto holdco 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 THANET OFTO HOLDCO LIMITED. This can take several minutes, an email will notify you when this has completed.
thanet ofto holdco limited Companies House Filings - See Documents
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