advance trs ltd.
advance trs ltd. Company Information
Company Number
07653252
Website
www.advance-trs.comRegistered Address
wonersh house the guildway, old portsmouth road, guildford, GU3 1LR
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
01483361061
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
andrew tremlett ridout 68.7%
victoria ridout 27.7%
View Alladvance trs ltd. Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE TRS LTD. at £8.8m based on a Turnover of £36.3m and 0.24x industry multiple (adjusted for size and gross margin).
advance trs ltd. Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE TRS LTD. at £4m based on an EBITDA of £972.6k and a 4.08x industry multiple (adjusted for size and gross margin).
advance trs ltd. Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE TRS LTD. at £386.5k based on Net Assets of £740.5k and 0.52x industry multiple (adjusted for liquidity).
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Advance Trs Ltd. Overview
Advance Trs Ltd. is a live company located in guildford, GU3 1LR with a Companies House number of 07653252. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in June 2011, it's largest shareholder is andrew tremlett ridout with a 68.7% stake. Advance Trs Ltd. is a established, large sized company, Pomanda has estimated its turnover at £36.3m with high growth in recent years.
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Advance Trs Ltd. Health Check
Pomanda's financial health check has awarded Advance Trs Ltd. a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £36.3m, make it larger than the average company (£5.6m)
£36.3m - Advance Trs Ltd.
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (3.8%)
- Advance Trs Ltd.
3.8% - Industry AVG
Production
with a gross margin of 12.2%, this company has a higher cost of product (25.2%)
12.2% - Advance Trs Ltd.
25.2% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (4.6%)
2.7% - Advance Trs Ltd.
4.6% - Industry AVG
Employees
with 41 employees, this is above the industry average (31)
41 - Advance Trs Ltd.
31 - Industry AVG
Pay Structure
on an average salary of £63.3k, the company has a higher pay structure (£47.6k)
£63.3k - Advance Trs Ltd.
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £885.2k, this is more efficient (£147.1k)
£885.2k - Advance Trs Ltd.
£147.1k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (47 days)
48 days - Advance Trs Ltd.
47 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (9 days)
4 days - Advance Trs Ltd.
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Advance Trs Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Advance Trs Ltd.
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.6%, this is a higher level of debt than the average (65.7%)
85.6% - Advance Trs Ltd.
65.7% - Industry AVG
ADVANCE TRS LTD. financials
Advance Trs Ltd.'s latest turnover from March 2023 is £36.3 million and the company has net assets of £740.5 thousand. According to their latest financial statements, Advance Trs Ltd. has 41 employees and maintains cash reserves of £18.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 36,294,491 | 28,542,844 | ||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||
| Cost Of Sales | 31,881,744 | 24,946,516 | ||||||||||
| Gross Profit | 4,412,747 | 3,596,328 | ||||||||||
| Admin Expenses | 3,447,535 | 2,591,864 | ||||||||||
| Operating Profit | 965,212 | 1,004,464 | ||||||||||
| Interest Payable | 98,562 | 133,657 | ||||||||||
| Interest Receivable | 0 | 401 | ||||||||||
| Pre-Tax Profit | 866,650 | 871,208 | ||||||||||
| Tax | -178,219 | -169,540 | ||||||||||
| Profit After Tax | 688,431 | 701,668 | ||||||||||
| Dividends Paid | 488,824 | 527,061 | ||||||||||
| Retained Profit | 199,607 | 174,607 | ||||||||||
| Employee Costs | 2,596,401 | 2,081,403 | ||||||||||
| Number Of Employees | 41 | 35 | 33 | 33 | 36 | 33 | 27 | 18 | ||||
| EBITDA* | 972,635 | 1,008,738 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 23,334 | 11,413 | 4,610 | 8,308 | 12,388 | 15,184 | 19,001 | 11,502 | 5,473 | 1,852 | 1,365 | 1,619 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 23,334 | 11,413 | 4,610 | 8,308 | 12,388 | 15,184 | 19,001 | 11,502 | 5,473 | 1,852 | 1,365 | 1,619 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,835,843 | 4,943,122 | 4,228,206 | 4,005,869 | 3,548,658 | 2,976,857 | 3,137,275 | 2,031,255 | 1,095,887 | 661,674 | 485,288 | 83,654 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 274,260 | 99,577 | 104,646 | 91,121 | 129,860 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 18,849 | 736,647 | 632,670 | 48,469 | 15,742 | 14,793 | 13,590 | 333,434 | 11,180 | 66,473 | 35,490 | 46,266 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,128,952 | 5,779,346 | 4,965,522 | 4,145,459 | 3,694,260 | 2,991,650 | 3,150,865 | 2,364,689 | 1,107,067 | 728,147 | 520,778 | 129,920 |
| total assets | 5,152,286 | 5,790,759 | 4,970,132 | 4,153,767 | 3,706,648 | 3,006,834 | 3,169,866 | 2,376,191 | 1,112,540 | 729,999 | 522,143 | 131,539 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 70,000 | 70,000 | 52,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 350,287 | 977,437 | 749,210 | 543,702 | 611,684 | 2,553,039 | 2,758,738 | 1,982,329 | 908,098 | 606,404 | 489,790 | 89,802 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,830,920 | 3,974,914 | 3,504,621 | 3,295,066 | 2,752,710 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,251,207 | 5,022,351 | 4,306,331 | 3,838,768 | 3,364,394 | 2,553,039 | 2,758,738 | 1,982,329 | 908,098 | 606,404 | 489,790 | 89,802 |
| loans | 157,500 | 227,500 | 297,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 3,062 | 0 | 0 | 1,578 | 1,499 | 2,885 | 3,610 | 2,300 | 1,112 | 370 | 273 | 324 |
| total long term liabilities | 160,562 | 227,500 | 297,500 | 1,578 | 1,499 | 2,885 | 3,610 | 2,300 | 1,112 | 370 | 273 | 324 |
| total liabilities | 4,411,769 | 5,249,851 | 4,603,831 | 3,840,346 | 3,365,893 | 2,555,924 | 2,762,348 | 1,984,629 | 909,210 | 606,774 | 490,063 | 90,126 |
| net assets | 740,517 | 540,908 | 366,301 | 313,421 | 340,755 | 450,910 | 407,518 | 391,562 | 203,330 | 123,225 | 32,080 | 41,413 |
| total shareholders funds | 740,517 | 540,908 | 366,301 | 313,421 | 340,755 | 450,910 | 407,518 | 391,562 | 203,330 | 123,225 | 32,080 | 41,413 |
| 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 | 965,212 | 1,004,464 | ||||||||||
| Depreciation | 7,423 | 4,274 | 4,808 | 6,870 | 10,752 | 8,333 | 7,891 | 3,959 | 2,792 | 817 | 484 | 248 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -178,219 | -169,540 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 67,404 | 709,847 | 235,862 | 418,472 | 701,661 | -160,418 | 1,106,020 | 935,368 | 434,213 | 176,386 | 401,634 | 83,654 |
| Creditors | -627,150 | 228,227 | 205,508 | -67,982 | -1,941,355 | -205,699 | 776,409 | 1,074,231 | 301,694 | 116,614 | 399,988 | 89,802 |
| Accruals and Deferred Income | -143,994 | 470,293 | 209,555 | 542,356 | 2,752,710 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 3,062 | 0 | -1,578 | 79 | -1,386 | -725 | 1,310 | 1,188 | 742 | 97 | -51 | 324 |
| Cash flow from operations | -41,070 | 827,871 | ||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | ||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 17,500 | 52,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -70,000 | -70,000 | 297,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | -98,562 | -133,256 | ||||||||||
| cash flow from financing | -168,560 | -185,756 | ||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -717,798 | 103,977 | 584,201 | 32,727 | 949 | 1,203 | -319,844 | 322,254 | -55,293 | 30,983 | -10,776 | 46,266 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -717,798 | 103,977 | 584,201 | 32,727 | 949 | 1,203 | -319,844 | 322,254 | -55,293 | 30,983 | -10,776 | 46,266 |
advance trs ltd. Credit Report and Business Information
Advance Trs Ltd. Competitor Analysis
Perform a competitor analysis for advance trs ltd. by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in GU3 area or any other competitors across 12 key performance metrics.
advance trs ltd. Ownership
ADVANCE TRS LTD. group structure
Advance Trs Ltd. has no subsidiary companies.
Ultimate parent company
ADVANCE TRS LTD.
07653252
advance trs ltd. directors
Advance Trs Ltd. currently has 2 directors. The longest serving directors include Mr Andrew Ridout (Jun 2011) and Ms Carolyn Kaye (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Ridout | United Kingdom | 52 years | Jun 2011 | - | Director |
| Ms Carolyn Kaye | United Kingdom | 62 years | Jul 2019 | - | Director |
P&L
March 2023turnover
36.3m
+27%
operating profit
965.2k
-4%
gross margin
12.2%
-3.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
740.5k
+0.37%
total assets
5.2m
-0.11%
cash
18.8k
-0.97%
net assets
Total assets minus all liabilities
Similar Companies
advance trs ltd. company details
company number
07653252
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
June 2011
age
13
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
advance training & recruitment (services) ltd (November 2017)
last accounts submitted
March 2023
address
wonersh house the guildway, old portsmouth road, guildford, GU3 1LR
accountant
-
auditor
BISHOP FLEMING LLP
advance trs ltd. 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 advance trs ltd.. Currently there are 2 open charges and 1 have been satisfied in the past.
advance trs ltd. Companies House Filings - See Documents
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