Pomanda estimates the enterprise value of TRUST TEES LIMITED at £29.8m based on a Turnover of £30m and 0.99x industry multiple (adjusted for size and gross margin).
trust tees limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TRUST TEES LIMITED at £0 based on an EBITDA of £-2m and a 6.05x industry multiple (adjusted for size and gross margin).
trust tees limitedEstimated Valuation
£9.5m
Pomanda estimates the enterprise value of TRUST TEES LIMITED at £9.5m based on Net Assets of £5.5m and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Trust Tees LimitedOverview
Trust Tees Limited is a live company located in hertfordshire, CM23 3GW with a Companies House number of 07497167. It operates in the solicitors sector, SIC Code 69102. Founded in January 2011, it's largest shareholder is
david perry
with a 5.6% stake. Trust Tees Limited is a established,
large sized company, Pomanda has estimated its turnover at
£30m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Trust Tees Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £30m, make it larger than the average company (£1.1m)
£30m - Trust Tees Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (7%)
7% - Trust Tees Limited
7% - Industry AVG
Production
with a gross margin of 68%, this company has a comparable cost of product (68%)
68% - Trust Tees Limited
68% - Industry AVG
Profitability
an operating margin of -7.1% make it less profitable than the average company (9.4%)
-7.1% - Trust Tees Limited
9.4% - Industry AVG
Employees
with 416 employees, this is above the industry average (16)
416 - Trust Tees Limited
16 - Industry AVG
Pay Structure
on an average salary of £53.1k, the company has a higher pay structure (£38.4k)
£53.1k - Trust Tees Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £72.2k, this is equally as efficient (£68.5k)
£72.2k - Trust Tees Limited
£68.5k - Industry AVG
Debtor Days
it gets paid by customers after 129 days, this is later than average (62 days)
129 days - Trust Tees Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (26 days)
38 days - Trust Tees Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Trust Tees Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 14 weeks, this is less cash available to meet short term requirements (32 weeks)
14 weeks - Trust Tees Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.1%, this is a higher level of debt than the average (45.7%)
71.1% - Trust Tees Limited
45.7% - Industry AVG
TRUST TEES LIMITED financials
EXPORT
Trust Tees Limited's latest turnover from March 2024 is £30 million and the company has net assets of £5.5 million. According to their latest financial statements, Trust Tees Limited has 416 employees and maintains cash reserves of £3 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
Turnover
30,038,407
28,888,137
26,714,344
24,517,435
23,499,221
19,521,867
18,191,377
16,106,755
14,315,159
13,661,415
13,767,212
13,183,989
10,104,542
Other Income Or Grants
Cost Of Sales
9,608,436
7,953,123
8,834,110
10,313,039
8,965,445
7,109,513
5,468,916
5,076,339
5,691,817
5,670,795
6,002,476
2,928
99,259
Gross Profit
20,429,971
20,935,014
17,880,234
14,204,396
14,533,776
12,412,354
12,722,461
11,030,416
8,623,342
7,990,620
7,764,736
13,181,061
10,005,283
Admin Expenses
22,578,950
21,228,523
17,606,862
14,221,187
14,587,382
12,383,988
12,181,862
10,355,439
7,858,490
7,930,625
6,772,791
12,841,643
10,318,011
Operating Profit
-2,148,979
-293,509
273,372
-16,791
-53,606
28,366
540,599
674,977
764,852
59,995
991,945
339,418
-312,728
Interest Payable
136,330
62,127
65,243
74,657
104,740
101,857
117,008
128,035
190,651
88,908
178,436
117,632
105,974
Interest Receivable
2,295,813
959,058
34,919
203,998
304,632
224,942
187,066
165,232
145,157
167,357
286,034
276,305
40,152
Pre-Tax Profit
10,504
603,422
320,400
210,329
5,118,961
94,719
610,657
712,174
719,358
138,444
1,099,543
498,091
-378,550
Tax
-32,249
-106,764
-68,996
-98,068
-162,946
-126,736
-243,935
-257,596
-281,057
-108,209
-378,554
-171,614
-8,850
Profit After Tax
-21,745
496,658
251,404
112,261
4,956,015
-32,017
366,722
454,578
438,301
30,235
720,989
326,477
-387,400
Dividends Paid
162,198
189,231
180,220
1,853,304
106,610
101,764
175,106
Retained Profit
-183,943
307,427
71,184
-1,741,043
4,956,015
-138,627
264,958
279,472
438,301
30,235
720,989
326,477
-387,400
Employee Costs
22,088,252
20,043,690
18,077,527
17,544,722
15,628,952
12,138,507
11,264,276
9,791,039
8,323,773
8,198,314
7,872,524
7,811,461
6,457,015
Number Of Employees
416
339
317
317
331
301
250
234
219
218
226
221
231
EBITDA*
-1,952,008
-3,676
586,455
299,294
300,510
670,674
1,233,179
1,311,756
1,394,827
600,658
1,468,463
829,929
32,979
* 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
Tangible Assets
1,428,029
953,236
1,243,681
1,427,315
1,673,191
1,682,432
1,833,595
1,498,669
1,471,431
1,658,114
770,431
1,091,273
1,225,822
Intangible Assets
52,875
74,076
95,277
116,478
137,679
151,956
370,999
802,346
1,233,693
1,668,165
1,345,320
1,633,603
1,921,886
Investments & Other
Debtors (Due After 1 year)
679,000
Total Fixed Assets
1,480,904
1,027,312
1,338,958
1,543,793
2,489,870
1,834,388
2,204,594
2,301,015
2,705,124
3,326,279
2,115,751
2,724,876
3,147,708
Stock & work in progress
Trade Debtors
10,631,959
10,232,196
9,260,786
9,178,367
8,285,710
7,400,908
2,153,861
1,859,999
2,171,253
2,137,677
5,476,035
4,630,563
4,569,442
Group Debtors
Misc Debtors
3,794,942
2,589,893
2,083,846
2,454,811
2,344,413
2,196,678
5,386,562
4,661,976
4,538,560
5,106,220
883,834
753,638
705,092
Cash
2,993,911
3,102,767
2,741,279
2,477,785
3,320,083
83,669
420,114
304,394
161,025
116,372
589,038
677,229
312,253
misc current assets
total current assets
17,420,812
15,924,856
14,085,911
14,110,963
13,950,206
9,681,255
7,960,537
6,826,369
6,870,838
7,360,269
6,948,907
6,061,430
5,586,787
total assets
18,901,716
16,952,168
15,424,869
15,654,756
16,440,076
11,515,643
10,165,131
9,127,384
9,575,962
10,686,548
9,064,658
8,786,306
8,734,495
Bank overdraft
2,951,083
2,009,194
1,181,505
1,244,468
1,115,114
186,864
957,545
1,383,243
1,263,255
1,031,629
1,449,239
Bank loan
539,655
137,378
885,829
714,636
567,043
548,494
683,127
651,500
626,500
549,024
231,655
825,793
Trade Creditors
1,021,934
918,261
671,291
553,971
805,073
823,537
591,338
397,141
481,946
736,425
524,882
372,040
43,085
Group/Directors Accounts
other short term finances
259,480
246,163
290,245
231,307
205,071
730,714
418,514
249,025
1,255,839
2,078,007
1,202,950
1,709,365
1,865,750
hp & lease commitments
6,819
28,987
50,044
159,712
190,663
other current liabilities
6,000,125
6,278,727
5,659,159
6,630,849
3,801,351
3,225,594
3,610,246
2,971,173
1,316,731
1,538,538
1,369,199
1,324,091
979,072
total current liabilities
10,772,277
9,589,723
8,688,029
8,130,763
6,623,006
6,443,453
5,303,225
4,455,703
4,645,380
6,314,224
4,641,985
5,422,630
4,527,809
loans
731,802
171,367
93,479
979,714
1,359,941
1,355,603
1,779,277
1,302,313
1,963,592
2,024,568
1,910,761
1,598,664
2,631,888
hp & lease commitments
7,247
36,233
202,517
369,345
Accruals and Deferred Income
191,812
259,074
326,335
387,461
417,188
443,322
469,456
496,653
397,923
108,500
129,500
150,500
173,250
other liabilities
50,000
100,000
130,000
provisions
1,740,482
772,092
634,741
205,306
197,602
237,157
337,140
206,015
131,090
152,333
367,362
97,918
44,603
total long term liabilities
2,664,096
1,202,533
1,054,555
1,572,481
1,974,731
2,036,082
2,585,873
2,054,981
2,592,605
2,422,648
2,443,856
2,049,599
3,219,086
total liabilities
13,436,373
10,792,256
9,742,584
9,703,244
8,597,737
8,479,535
7,889,098
6,510,684
7,237,985
8,736,872
7,085,841
7,472,229
7,746,895
net assets
5,465,343
6,159,912
5,682,285
5,951,512
7,842,339
3,036,108
2,276,033
2,616,700
2,337,977
1,949,676
1,978,817
1,314,077
987,600
total shareholders funds
5,465,343
6,159,912
5,682,285
5,951,512
7,842,339
3,036,108
2,276,033
2,616,700
2,337,977
1,949,676
1,978,817
1,314,077
987,600
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
Operating Activities
Operating Profit
-2,148,979
-293,509
273,372
-16,791
-53,606
28,366
540,599
674,977
764,852
59,995
991,945
339,418
-312,728
Depreciation
175,870
268,632
291,882
294,884
301,047
303,049
261,233
205,532
198,634
139,211
188,235
202,228
105,472
Amortisation
21,101
21,201
21,201
21,201
53,069
339,259
431,347
431,247
431,341
401,452
288,283
288,283
240,235
Tax
-32,249
-106,764
-68,996
-98,068
-162,946
-126,736
-243,935
-257,596
-281,057
-108,209
-378,554
-171,614
-8,850
Stock
Debtors
1,604,812
1,477,457
-288,546
324,055
1,711,537
2,057,163
1,018,448
-187,838
-534,084
884,028
975,668
109,667
5,274,534
Creditors
103,673
246,970
117,320
-251,102
-18,464
232,199
194,197
-84,805
-254,479
211,543
152,842
328,955
43,085
Accruals and Deferred Income
-345,864
552,307
-1,032,816
2,799,771
549,623
-410,786
611,876
1,753,172
67,616
148,339
24,108
322,269
1,152,322
Deferred Taxes & Provisions
968,390
137,351
429,435
7,704
-39,555
-99,983
131,125
74,925
-21,243
-215,029
269,444
53,315
44,603
Cash flow from operations
-2,862,870
-651,269
319,944
2,433,544
-1,082,369
-1,791,795
907,994
2,985,290
1,439,748
-246,726
560,635
1,253,187
-4,010,395
Investing Activities
capital expenditure
-272,102
-596,152
-232,770
-10,897
-1,801,564
-42,570
-71,322
-10,269
Change in Investments
cash flow from investments
-272,102
-596,152
-232,770
-10,897
-1,801,564
-42,570
-71,322
-10,269
Financing Activities
Bank loans
402,277
-748,451
171,193
147,593
18,549
-134,633
31,627
25,000
77,476
317,369
-594,138
825,793
Group/Directors Accounts
Other Short Term Loans
13,317
-44,082
58,938
26,236
-525,643
312,200
169,489
-1,006,814
-822,168
875,057
-506,415
-156,385
1,865,750
Long term loans
560,435
77,888
-886,235
-380,227
4,338
-423,674
476,964
-661,279
-60,976
113,807
312,097
-1,033,224
2,631,888
Hire Purchase and Lease Commitments
-6,819
-29,415
-50,043
-275,952
-197,779
560,008
other long term liabilities
-50,000
-50,000
-30,000
130,000
share issue
-510,626
170,200
-340,411
-149,784
-149,784
898,702
-605,625
-749
-50,000
-59,376
-56,249
1,375,000
interest
2,159,483
896,931
-30,324
129,341
199,892
123,085
70,058
37,197
-45,494
78,449
107,598
158,673
-65,822
cash flow from financing
2,624,886
352,486
-1,026,839
-226,841
-452,648
775,680
92,513
-1,663,464
-960,577
1,405,263
-1,013,059
-402,922
6,366,824
cash and cash equivalents
cash
-108,856
361,488
263,494
-842,298
3,236,414
-336,445
115,720
143,369
44,653
-472,666
-88,191
364,976
312,253
overdraft
941,889
827,689
1,181,505
-1,244,468
129,354
1,115,114
-186,864
-770,681
-425,698
119,988
231,626
-417,610
1,449,239
change in cash
-1,050,745
-466,201
-918,011
402,170
3,107,060
-1,451,559
302,584
914,050
470,351
-592,654
-319,817
782,586
-1,136,986
trust tees 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 trust tees limited. Get real-time insights into trust tees limited's credit score, group structure and payment trends.
Perform a competitor analysis for trust tees limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in CM23 area or any other competitors across 12 key performance metrics.
tees house 95 london road, bishops stortford, hertfordshire, CM23 3GW
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trust tees 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 trust tees limited. Currently there are 2 open charges and 1 have been satisfied in the past.
trust tees 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 TRUST TEES LIMITED. This can take several minutes, an email will notify you when this has completed.
trust tees limitedCompanies House Filings - See Documents
