tower demolition (holdings) limited
tower demolition (holdings) limited Company Information
Company Number
07747685
Next Accounts
486 days late
Industry
Demolition
Directors
Shareholders
tower group of companies ltd
Group Structure
View All
Contact
Registered Address
c/o quantuma advisory ltd, 40a station road, upminster, essex, RM14 2TR
Website
www.towerdemolition.co.uktower demolition (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of TOWER DEMOLITION (HOLDINGS) LIMITED at £701k based on a Turnover of £2.4m and 0.29x industry multiple (adjusted for size and gross margin).
tower demolition (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of TOWER DEMOLITION (HOLDINGS) LIMITED at £0 based on an EBITDA of £-37.9k and a 3.51x industry multiple (adjusted for size and gross margin).
tower demolition (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of TOWER DEMOLITION (HOLDINGS) LIMITED at £1m based on Net Assets of £323.1k and 3.2x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tower Demolition (holdings) Limited Overview
Tower Demolition (holdings) Limited is a live company located in upminster, RM14 2TR with a Companies House number of 07747685. It operates in the demolition sector, SIC Code 43110. Founded in August 2011, it's largest shareholder is tower group of companies ltd with a 100% stake. Tower Demolition (holdings) Limited is a established, small sized company, Pomanda has estimated its turnover at £2.4m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Tower Demolition (holdings) Limited Health Check
Pomanda's financial health check has awarded Tower Demolition (Holdings) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
4 Weak
Size
annual sales of £2.4m, make it smaller than the average company (£9.9m)
- Tower Demolition (holdings) Limited
£9.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a similar rate (-2.6%)
- Tower Demolition (holdings) Limited
-2.6% - Industry AVG
Production
with a gross margin of 22.4%, this company has a comparable cost of product (22.4%)
- Tower Demolition (holdings) Limited
22.4% - Industry AVG
Profitability
an operating margin of -2% make it less profitable than the average company (4.7%)
- Tower Demolition (holdings) Limited
4.7% - Industry AVG
Employees
with 7 employees, this is below the industry average (49)
7 - Tower Demolition (holdings) Limited
49 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
- Tower Demolition (holdings) Limited
£40k - Industry AVG
Efficiency
resulting in sales per employee of £345.7k, this is more efficient (£175.2k)
- Tower Demolition (holdings) Limited
£175.2k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is near the average (57 days)
- Tower Demolition (holdings) Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 109 days, this is slower than average (52 days)
- Tower Demolition (holdings) Limited
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tower Demolition (holdings) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (20 weeks)
19 weeks - Tower Demolition (holdings) Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.6%, this is a higher level of debt than the average (60.4%)
77.6% - Tower Demolition (holdings) Limited
60.4% - Industry AVG
TOWER DEMOLITION (HOLDINGS) LIMITED financials
Tower Demolition (Holdings) Limited's latest turnover from December 2021 is estimated at £2.4 million and the company has net assets of £323.1 thousand. According to their latest financial statements, Tower Demolition (Holdings) Limited has 7 employees and maintains cash reserves of £340 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Feb 2015 | Aug 2013 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 7 | 12 | 16 | 12 | 12 | 11 | 9 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Feb 2015 | Aug 2013 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 51,793 | 61,774 | 70,068 | 78,385 | 12,621 | 143,773 | 9,896 | 7,461 | 13,032 | 16,720 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 51,793 | 61,774 | 70,068 | 78,385 | 12,621 | 143,773 | 9,896 | 7,461 | 13,032 | 16,720 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 460,351 | 498,685 | 323,414 | 271,883 | 571,635 | 338,851 | 361,608 | 766,185 | 158,204 | 107,747 |
| Group Debtors | 201,572 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 389,692 | 1,065,246 | 808,030 | 1,134,878 | 1,098,079 | 393,840 | 165,279 | 0 | 21,250 | 0 |
| Cash | 339,978 | 331,995 | 232,968 | 660,726 | 404,103 | 234,323 | 494,824 | 116,642 | 9,942 | 32,284 |
| misc current assets | 0 | 0 | 0 | 3,489 | 478,844 | 371,173 | 76,879 | 0 | 0 | 0 |
| total current assets | 1,391,593 | 1,895,926 | 1,364,412 | 2,070,976 | 2,552,661 | 1,338,187 | 1,098,590 | 882,827 | 189,396 | 140,031 |
| total assets | 1,443,386 | 1,957,700 | 1,434,480 | 2,149,361 | 2,565,282 | 1,481,960 | 1,108,486 | 890,288 | 202,428 | 156,751 |
| Bank overdraft | 0 | 0 | 60,078 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 45,642 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 564,742 | 810,940 | 328,978 | 698,990 | 1,009,641 | 301,052 | 332,212 | 836,866 | 225,488 | 164,255 |
| Group/Directors Accounts | 24,122 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 909 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 305,128 | 510,518 | 634,419 | 953,310 | 972,861 | 657,244 | 545,456 | 0 | 0 | 0 |
| total current liabilities | 893,992 | 1,321,458 | 1,024,384 | 1,697,942 | 1,982,502 | 958,296 | 877,668 | 836,866 | 225,488 | 164,255 |
| loans | 225,000 | 250,000 | 28,667 | 90,597 | 0 | 73,038 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 33,490 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,266 | 1,266 | 1,286 | 1,083 | 2,203 | 2,740 | 2,359 | 849 | 0 | 0 |
| total long term liabilities | 226,266 | 251,266 | 29,953 | 91,680 | 35,693 | 75,778 | 2,359 | 849 | 0 | 0 |
| total liabilities | 1,120,258 | 1,572,724 | 1,054,337 | 1,789,622 | 2,018,195 | 1,034,074 | 880,027 | 837,715 | 225,488 | 164,255 |
| net assets | 323,128 | 384,976 | 380,143 | 359,739 | 547,087 | 447,886 | 228,459 | 52,573 | -23,060 | -7,504 |
| total shareholders funds | 323,128 | 384,976 | 380,143 | 359,739 | 547,087 | 447,886 | 228,459 | 52,573 | -23,060 | -7,504 |
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Feb 2015 | Aug 2013 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 9,981 | 10,834 | 11,041 | 11,211 | 20,528 | 67,648 | 2,805 | 3,908 | 4,345 | 5,574 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -512,316 | 432,487 | -275,317 | -262,953 | 937,023 | 205,804 | 526,887 | 766,185 | 71,707 | 107,747 |
| Creditors | -246,198 | 481,962 | -370,012 | -310,651 | 708,589 | -31,160 | 332,212 | 836,866 | 61,233 | 164,255 |
| Accruals and Deferred Income | -205,390 | -123,901 | -318,891 | -19,551 | 315,617 | 111,788 | 545,456 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -20 | 203 | -1,120 | -537 | 381 | 2,359 | 849 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | -45,642 | 45,642 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 24,122 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -25,000 | 221,333 | -61,930 | 90,597 | -73,038 | 73,038 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -909 | 909 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -33,490 | 33,490 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 7,983 | 99,027 | -427,758 | 256,623 | 169,780 | -260,501 | 494,824 | 116,642 | -22,342 | 32,284 |
| overdraft | 0 | -60,078 | 60,078 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 7,983 | 159,105 | -487,836 | 256,623 | 169,780 | -260,501 | 494,824 | 116,642 | -22,342 | 32,284 |
tower demolition (holdings) limited Credit Report and Business Information
Tower Demolition (holdings) Limited Competitor Analysis
Perform a competitor analysis for tower demolition (holdings) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in RM14 area or any other competitors across 12 key performance metrics.
tower demolition (holdings) limited Ownership
TOWER DEMOLITION (HOLDINGS) LIMITED group structure
Tower Demolition (Holdings) Limited has 1 subsidiary company.
Ultimate parent company
1 parent
TOWER DEMOLITION (HOLDINGS) LIMITED
07747685
1 subsidiary
tower demolition (holdings) limited directors
Tower Demolition (Holdings) Limited currently has 1 director, Mr James Bibbey serving since Aug 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Bibbey | United Kingdom | 56 years | Aug 2016 | - | Director |
P&L
December 2021turnover
2.4m
-32%
operating profit
-47.8k
0%
gross margin
22.4%
+23.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
323.1k
-0.16%
total assets
1.4m
-0.26%
cash
340k
+0.02%
net assets
Total assets minus all liabilities
tower demolition (holdings) limited company details
company number
07747685
Type
Private limited with Share Capital
industry
43110 - Demolition
incorporation date
August 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2021
previous names
tower demolition and enabling ltd (March 2023)
tower demolition (holdings) limited (January 2022)
accountant
WILLIAMS & CO EPSOM LLP
auditor
-
address
c/o quantuma advisory ltd, 40a station road, upminster, essex, RM14 2TR
Bank
-
Legal Advisor
-
tower demolition (holdings) 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 1 charges/mortgages relating to tower demolition (holdings) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
tower demolition (holdings) 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 TOWER DEMOLITION (HOLDINGS) LIMITED. This can take several minutes, an email will notify you when this has completed.
tower demolition (holdings) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
