tip top sail laundry limited

tip top sail laundry limited Company Information

Share TIP TOP SAIL LAUNDRY LIMITED
Live 
EstablishedSmallHigh

Company Number

07526333

Industry

Other personal service activities n.e.c.

 

Shareholders

trevor paul leppard

luke weller

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Group Structure

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Contact

Registered Address

unit 13 ordnance court, ackworth road, hilsea, portsmouth, PO3 5RY

tip top sail laundry limited Estimated Valuation

£393.5k

Pomanda estimates the enterprise value of TIP TOP SAIL LAUNDRY LIMITED at £393.5k based on a Turnover of £580.8k and 0.68x industry multiple (adjusted for size and gross margin).

tip top sail laundry limited Estimated Valuation

£174.3k

Pomanda estimates the enterprise value of TIP TOP SAIL LAUNDRY LIMITED at £174.3k based on an EBITDA of £43.1k and a 4.04x industry multiple (adjusted for size and gross margin).

tip top sail laundry limited Estimated Valuation

£162.7k

Pomanda estimates the enterprise value of TIP TOP SAIL LAUNDRY LIMITED at £162.7k based on Net Assets of £82.6k and 1.97x industry multiple (adjusted for liquidity).

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Tip Top Sail Laundry Limited Overview

Tip Top Sail Laundry Limited is a live company located in hilsea, PO3 5RY with a Companies House number of 07526333. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in February 2011, it's largest shareholder is trevor paul leppard with a 96.2% stake. Tip Top Sail Laundry Limited is a established, small sized company, Pomanda has estimated its turnover at £580.8k with high growth in recent years.

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Tip Top Sail Laundry Limited Health Check

Pomanda's financial health check has awarded Tip Top Sail Laundry Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £580.8k, make it smaller than the average company (£853.2k)

£580.8k - Tip Top Sail Laundry Limited

£853.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (8.3%)

16% - Tip Top Sail Laundry Limited

8.3% - Industry AVG

production

Production

with a gross margin of 39.8%, this company has a comparable cost of product (39.8%)

39.8% - Tip Top Sail Laundry Limited

39.8% - Industry AVG

profitability

Profitability

an operating margin of 1.2% make it less profitable than the average company (6%)

1.2% - Tip Top Sail Laundry Limited

6% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (14)

8 - Tip Top Sail Laundry Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.4k, the company has an equivalent pay structure (£29.4k)

£29.4k - Tip Top Sail Laundry Limited

£29.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £72.6k, this is equally as efficient (£77.3k)

£72.6k - Tip Top Sail Laundry Limited

£77.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 40 days, this is later than average (27 days)

40 days - Tip Top Sail Laundry Limited

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (38 days)

18 days - Tip Top Sail Laundry Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tip Top Sail Laundry Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 27 weeks, this is less cash available to meet short term requirements (56 weeks)

27 weeks - Tip Top Sail Laundry Limited

56 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 73.2%, this is a higher level of debt than the average (38.2%)

73.2% - Tip Top Sail Laundry Limited

38.2% - Industry AVG

TIP TOP SAIL LAUNDRY LIMITED financials

EXPORTms excel logo

Tip Top Sail Laundry Limited's latest turnover from March 2024 is estimated at £580.8 thousand and the company has net assets of £82.6 thousand. According to their latest financial statements, Tip Top Sail Laundry Limited has 8 employees and maintains cash reserves of £97.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012
Turnover580,834528,918538,896371,343652,454659,877638,05172,86100000
Other Income Or Grants0000000000000
Cost Of Sales349,690313,356322,926227,988391,601394,845386,10742,57900000
Gross Profit231,144215,562215,970143,356260,853265,032251,94430,28200000
Admin Expenses224,400213,601152,035145,582252,272257,939233,99430,28200000
Operating Profit6,7441,96163,935-2,2268,5817,09317,950000000
Interest Payable3,2003,9403,1541,525000000000
Interest Receivable5,0714,3577368481570181000000
Pre-Tax Profit8,6152,37861,517-3,6678,6627,66318,131000000
Tax-2,154-452-11,6880-1,646-1,456-3,445000000
Profit After Tax6,4611,92649,829-3,6677,0166,20714,686000000
Dividends Paid0000000000000
Retained Profit6,4611,92649,829-3,6677,0166,20714,686000000
Employee Costs235,547248,191185,576175,934196,768196,571191,39725,38900000
Number Of Employees8977888100000
EBITDA*43,13432,51295,44228,82340,98044,22230,233000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012
Tangible Assets40,48223,55827,10920,93624,98530,38416,599000000
Intangible Assets101,250128,250155,250182,250209,250236,250263,250000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets141,732151,808182,359203,186234,235266,634279,849000000
Stock & work in progress0000000000000
Trade Debtors63,67153,83370,56039,33061,46265,85562,325000000
Group Debtors0000000000000
Misc Debtors4,7743,9559,1524,8012,7921021,20210000000
Cash97,36495,809109,20787,02181,29779,72772,334000000
misc current assets0000000000000
total current assets165,809153,597188,919131,152145,551145,684135,86110000000
total assets307,541305,405371,278334,338379,786412,318415,71010000000
Bank overdraft0000000000000
Bank loan10,00010,00010,0000000000000
Trade Creditors 17,38414,69412,7114,562000000000
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities159,056180,492233,513244,585335,578370,389398,255000000
total current liabilities186,440205,186256,224249,147335,578370,389398,255000000
loans13,44423,44333,44150,000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities14,97402,2906,87011,45015,1610000000
provisions10,1216755,1513,9784,7475,7732,667000000
total long term liabilities38,53924,11840,88260,84816,19720,9342,667000000
total liabilities224,979229,304297,106309,995351,775391,323400,922000000
net assets82,56276,10174,17224,34328,01120,99514,78810000000
total shareholders funds82,56276,10174,17224,34328,01120,99514,78810000000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012
Operating Activities
Operating Profit6,7441,96163,935-2,2268,5817,09317,950000000
Depreciation9,3903,5514,5074,0495,39910,1295,533000000
Amortisation27,00027,00027,00027,00027,00027,0006,750000000
Tax-2,154-452-11,6880-1,646-1,456-3,445000000
Stock0000000000000
Debtors10,657-21,92435,581-20,123-1,7032,43063,42710000000
Creditors2,6901,9838,1494,562000000000
Accruals and Deferred Income-21,436-53,021-11,072-90,993-34,811-27,866398,255000000
Deferred Taxes & Provisions9,446-4,4761,173-769-1,0263,1062,667000000
Cash flow from operations21,023-1,53046,423-38,2545,20015,576364,283-10000000
Investing Activities
capital expenditure-26,3140-10,68000-23,914-292,132000000
Change in Investments0000000000000
cash flow from investments-26,3140-10,68000-23,914-292,132000000
Financing Activities
Bank loans0010,0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000000000000
Long term loans-9,999-9,998-16,55950,000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities14,974-2,290-4,580-4,580-3,71115,1610000000
share issue030-100210000000
interest1,871417-2,418-1,44181570181000000
cash flow from financing6,846-11,868-13,55743,978-3,63015,73118310000000
cash and cash equivalents
cash1,555-13,39822,1865,7241,5707,39372,334000000
overdraft0000000000000
change in cash1,555-13,39822,1865,7241,5707,39372,334000000

tip top sail laundry limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Tip Top Sail Laundry Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for tip top sail laundry limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in PO3 area or any other competitors across 12 key performance metrics.

tip top sail laundry limited Ownership

TIP TOP SAIL LAUNDRY LIMITED group structure

Tip Top Sail Laundry Limited has no subsidiary companies.

Ultimate parent company

TIP TOP SAIL LAUNDRY LIMITED

07526333

TIP TOP SAIL LAUNDRY LIMITED Shareholders

trevor paul leppard 96.15%
luke weller 0.96%
jose ivan moreno garcia 0.96%
james ian langridge 0.96%
gareth evans 0.96%

tip top sail laundry limited directors

Tip Top Sail Laundry Limited currently has 1 director, Mr Trevor Leppard serving since Feb 2011.

officercountryagestartendrole
Mr Trevor LeppardEngland66 years Feb 2011- Director

P&L

March 2024

turnover

580.8k

+10%

operating profit

6.7k

0%

gross margin

39.8%

-2.36%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

82.6k

+0.08%

total assets

307.5k

+0.01%

cash

97.4k

+0.02%

net assets

Total assets minus all liabilities

tip top sail laundry limited company details

company number

07526333

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

February 2011

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

unit 13 ordnance court, ackworth road, hilsea, portsmouth, PO3 5RY

Bank

-

Legal Advisor

-

tip top sail laundry 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 tip top sail laundry limited.

tip top sail laundry 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.

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tip top sail laundry limited Companies House Filings - See Documents

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