Pomanda estimates the enterprise value of THIRD MAN TECHNOLOGIES LIMITED at £417.5k based on a Turnover of £1.4m and 0.29x industry multiple (adjusted for size and gross margin).
third man technologies limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of THIRD MAN TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-256.2k and a 2.69x industry multiple (adjusted for size and gross margin).
third man technologies limitedEstimated Valuation
£3.4m
Pomanda estimates the enterprise value of THIRD MAN TECHNOLOGIES LIMITED at £3.4m based on Net Assets of £2.2m and 1.58x industry multiple (adjusted for liquidity).
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Third Man Technologies LimitedOverview
Third Man Technologies Limited is a live company located in weybridge, KT13 9LZ with a Companies House number of 07706745. It operates in the manufacture of other parts and accessories for motor vehicles sector, SIC Code 29320. Founded in July 2011, it's largest shareholder is
target venture nominees limited
with a 14.1% stake. Third Man Technologies Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.4m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Third Man Technologies Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
3 Regular
3 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£17.7m)
£1.4m - Third Man Technologies Limited
£17.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (-0.3%)
6% - Third Man Technologies Limited
-0.3% - Industry AVG
Production
with a gross margin of 21%, this company has a comparable cost of product (21%)
21% - Third Man Technologies Limited
21% - Industry AVG
Profitability
an operating margin of -17.7% make it less profitable than the average company (3.3%)
-17.7% - Third Man Technologies Limited
3.3% - Industry AVG
Employees
with 8 employees, this is below the industry average (116)
8 - Third Man Technologies Limited
116 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
£40k - Third Man Technologies Limited
£40k - Industry AVG
Efficiency
resulting in sales per employee of £180.5k, this is equally as efficient (£180.5k)
£180.5k - Third Man Technologies Limited
£180.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Third Man Technologies Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Third Man Technologies Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Third Man Technologies Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 338 weeks, this is more cash available to meet short term requirements (7 weeks)
338 weeks - Third Man Technologies Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.8%, this is a lower level of debt than the average (58.2%)
1.8% - Third Man Technologies Limited
58.2% - Industry AVG
THIRD MAN TECHNOLOGIES LIMITED financials
EXPORT
Third Man Technologies Limited's latest turnover from September 2023 is estimated at £1.4 million and the company has net assets of £2.2 million. According to their latest financial statements, Third Man Technologies Limited has 8 employees and maintains cash reserves of £263 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Turnover
1,444,209
1,314,338
852,346
1,198,400
1,130,917
202,826
130,247
237,374
215,291
325,724
154,933
Other Income Or Grants
Cost Of Sales
1,140,756
1,043,632
691,786
964,986
911,768
70,239
85,070
68,805
79,160
150,529
93,068
Gross Profit
303,453
270,706
160,560
233,415
219,149
132,587
45,177
168,569
136,131
175,195
61,865
Admin Expenses
559,621
-277,485
2,286,150
871,048
13,985,171
-17,217,006
4,884,329
2,506,977
2,460,599
2,435,133
2,045,516
1,610,588
Operating Profit
-256,168
548,191
-2,125,590
-637,633
-13,766,022
17,217,006
-4,751,742
-2,461,800
-2,292,030
-2,299,002
-1,870,321
-1,548,723
Interest Payable
172,155
1,248,640
538,410
Interest Receivable
9,460
2,582
133
137
525
1,406
58
3,783
6,892
9,083
20,572
21,647
Pre-Tax Profit
-246,708
550,773
-2,125,457
-637,496
-13,765,497
17,046,257
-6,000,324
-2,996,427
-2,285,138
-2,289,919
-1,849,749
-1,527,076
Tax
-104,647
-3,238,789
220,062
871,388
673,899
519,078
351,386
315,000
Profit After Tax
-246,708
446,126
-2,125,457
-637,496
-13,765,497
13,807,468
-5,780,262
-2,125,039
-1,611,239
-1,770,841
-1,498,363
-1,212,076
Dividends Paid
Retained Profit
-246,708
446,126
-2,125,457
-637,496
-13,765,497
13,807,468
-5,780,262
-2,125,039
-1,611,239
-1,770,841
-1,498,363
-1,212,076
Employee Costs
320,076
301,702
246,080
255,569
240,756
1,770,644
2,475,213
1,613,265
64,025
63,814
30,930
Number Of Employees
8
8
7
7
7
53
51
49
2
2
1
EBITDA*
-256,168
548,191
-2,125,590
-637,633
-13,766,022
17,217,006
-1,270,226
-2,189,380
-2,166,276
-2,185,346
-1,799,257
-1,503,024
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Tangible Assets
420,642
523,531
656,242
373,454
343,380
259,490
Intangible Assets
10,492,637
11,950,345
9,600,150
7,228,611
5,252,252
3,456,300
Investments & Other
21,233
21,233
21,233
21,233
21,223
21,223
Debtors (Due After 1 year)
317,802
190,352
Total Fixed Assets
10,934,512
12,812,911
10,467,977
7,623,298
5,616,855
3,737,013
Stock & work in progress
Trade Debtors
89,116
17,384
77,227
73,900
57,458
35,270
Group Debtors
33,131
33,131
32,711
19,537
17,206
Misc Debtors
1,942,786
2,969,926
2,490,136
4,662,359
5,295,733
742,878
991,450
1,015,648
777,540
730,773
564,556
Cash
263,029
97,346
132,143
134,634
140,006
375,027
1,899,718
1,779,163
865,077
1,772,246
1,385,890
misc current assets
total current assets
2,205,815
3,067,272
2,622,279
4,796,993
5,435,739
1,207,021
2,941,683
2,905,169
1,749,228
2,580,014
2,002,922
total assets
2,205,815
3,067,272
2,622,279
4,796,993
5,435,739
12,141,533
15,754,594
13,373,146
9,372,526
8,196,869
5,739,935
Bank overdraft
Bank loan
Trade Creditors
185,536
363,125
288,015
225,108
245,308
291,759
Group/Directors Accounts
137,106
2
2
2
other short term finances
5,100,902
4,100,902
hp & lease commitments
other current liabilities
40,361
655,110
656,243
705,500
706,750
2,030,971
823,285
601,511
187,026
166,739
109,660
total current liabilities
40,361
655,110
656,243
705,500
706,750
7,454,515
5,287,314
889,528
412,136
412,047
401,419
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
40,361
655,110
656,243
705,500
706,750
7,454,515
5,287,314
889,528
412,136
412,047
401,419
net assets
2,165,454
2,412,162
1,966,036
4,091,493
4,728,989
4,687,018
10,467,280
12,483,618
8,960,390
7,784,822
5,338,516
total shareholders funds
2,165,454
2,412,162
1,966,036
4,091,493
4,728,989
4,687,018
10,467,280
12,483,618
8,960,390
7,784,822
5,338,516
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Operating Activities
Operating Profit
-256,168
548,191
-2,125,590
-637,633
-13,766,022
17,217,006
-4,751,742
-2,461,800
-2,292,030
-2,299,002
-1,870,321
-1,548,723
Depreciation
131,389
214,454
125,754
113,656
71,064
45,699
Amortisation
3,350,127
57,966
Tax
-104,647
-3,238,789
220,062
871,388
673,899
519,078
351,386
315,000
Stock
Debtors
-1,027,140
479,790
-2,172,223
-633,374
5,295,733
-831,994
-527,773
43,409
432,207
76,383
190,736
617,032
Creditors
-185,536
-177,589
75,110
62,907
-20,200
-46,451
291,759
Accruals and Deferred Income
-614,749
-1,133
-49,257
-1,250
706,750
-2,030,971
1,207,686
221,774
414,485
20,287
57,079
109,660
Deferred Taxes & Provisions
Cash flow from operations
156,223
-37,379
-2,624
-5,509
-18,355,005
12,593,704
507,706
-1,064,517
-1,447,192
-1,742,564
-1,627,979
-1,403,637
Investing Activities
capital expenditure
10,913,279
-1,920,920
-2,489,854
-2,780,081
-2,120,089
-1,950,906
-3,761,489
Change in Investments
-21,233
10
21,223
cash flow from investments
10,934,512
-1,920,920
-2,489,854
-2,780,081
-2,120,099
-1,950,906
-3,782,712
Financing Activities
Bank loans
Group/Directors Accounts
-137,106
137,104
2
Other Short Term Loans
-5,100,902
1,000,000
4,100,902
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
18,494,486
-18,494,486
108,701
5,134,467
2,946,409
3,944,669
6,550,592
interest
9,460
2,582
133
137
525
-170,749
-1,248,582
-534,627
6,892
9,083
20,572
21,647
cash flow from financing
9,460
2,582
133
137
18,495,011
-23,903,243
-111,478
3,674,976
5,141,359
2,955,494
3,965,241
6,572,239
cash and cash equivalents
cash
165,683
-34,797
-2,491
-5,372
140,006
-375,027
-1,524,691
120,555
914,086
-907,169
386,356
1,385,890
overdraft
change in cash
165,683
-34,797
-2,491
-5,372
140,006
-375,027
-1,524,691
120,555
914,086
-907,169
386,356
1,385,890
third man technologies 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 third man technologies limited. Get real-time insights into third man technologies limited's credit score, group structure and payment trends.
Third Man Technologies Limited Competitor Analysis
Perform a competitor analysis for third man technologies limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in KT13 area or any other competitors across 12 key performance metrics.
third man technologies limited Ownership
THIRD MAN TECHNOLOGIES LIMITED group structure
Third Man Technologies Limited has no subsidiary companies.
Ultimate parent company
THIRD MAN TECHNOLOGIES LIMITED
07706745
THIRD MAN TECHNOLOGIES LIMITED Shareholders
The largest shareholders in Third Man Technologies Limited include Target Venture Nominees Limited and Low Carbon Innovation Fund Limited.
target venture nominees limited
14.07%
low carbon innovation fund limited
13.31%
turquoise international ltd
12.61%
conduit ventures fund ii a
7.33%
national technology enterprises company ksc
6.73%
turquoise capital llp
6.34%
entrepreneurs fund lp
5.91%
gwd enterprises ltd
3.54%
cheyanna ltd
3.38%
mowinckel management as
2.74%
third man technologies limited directors
Third Man Technologies Limited currently has 8 directors.
The longest serving directors include
Mr Ali Naini (Jul 2011) and
Mr John Butt (Dec 2011).
29320 - Manufacture of other parts and accessories for motor vehicles
incorporation date
July 2011
age
14
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
controlled power technologies limited (November 2017)
cpt-innovations limited (December 2011)
accountant
-
auditor
-
address
springfield house, c/o holden granat llp chartered, weybridge, KT13 9LZ
Bank
-
Legal Advisor
-
third man technologies 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 third man technologies limited.
third man technologies 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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third man technologies limitedCompanies House Filings - See Documents
