torquing group ltd
torquing group ltd Company Information
Company Number
07783507
Next Accounts
Dec 2024
Industry
Activities of head offices
Shareholders
bluestone industries ltd
rockford lane ltd
View AllGroup Structure
View All
Contact
Registered Address
63 walter road, swansea, SA1 4PT
Website
torquinggroup.comtorquing group ltd Estimated Valuation
Pomanda estimates the enterprise value of TORQUING GROUP LTD at £308k based on a Turnover of £596.4k and 0.52x industry multiple (adjusted for size and gross margin).
torquing group ltd Estimated Valuation
Pomanda estimates the enterprise value of TORQUING GROUP LTD at £0 based on an EBITDA of £-21.2k and a 3.46x industry multiple (adjusted for size and gross margin).
torquing group ltd Estimated Valuation
Pomanda estimates the enterprise value of TORQUING GROUP LTD at £423k based on Net Assets of £163.8k and 2.58x industry multiple (adjusted for liquidity).
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Torquing Group Ltd Overview
Torquing Group Ltd is a dissolved company that was located in swansea, SA1 4PT with a Companies House number of 07783507. It operated in the activities of head offices sector, SIC Code 70100. Founded in September 2011, it's largest shareholder was bluestone industries ltd with a 25% stake. The last turnover for Torquing Group Ltd was estimated at £596.4k.
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Torquing Group Ltd Health Check
Pomanda's financial health check has awarded Torquing Group Ltd a 4 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £596.4k, make it smaller than the average company (£15.8m)
- Torquing Group Ltd
£15.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Torquing Group Ltd
- - Industry AVG
Production
with a gross margin of 17.6%, this company has a higher cost of product (30.3%)
- Torquing Group Ltd
30.3% - Industry AVG
Profitability
an operating margin of -5% make it less profitable than the average company (4.8%)
- Torquing Group Ltd
4.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (119)
- Torquing Group Ltd
119 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Torquing Group Ltd
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £298.2k, this is more efficient (£153.9k)
- Torquing Group Ltd
£153.9k - Industry AVG
Debtor Days
it gets paid by customers after 110 days, this is later than average (50 days)
- Torquing Group Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is close to average (48 days)
- Torquing Group Ltd
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Torquing Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (11 weeks)
27 weeks - Torquing Group Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.9%, this is a lower level of debt than the average (63%)
26.9% - Torquing Group Ltd
63% - Industry AVG
TORQUING GROUP LTD financials
Torquing Group Ltd's latest turnover from November 2014 is estimated at £596.4 thousand and the company has net assets of £163.8 thousand. According to their latest financial statements, we estimate that Torquing Group Ltd has 2 employees and maintains cash reserves of £31.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2014 | Nov 2013 | Nov 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2014 | Nov 2013 | Nov 2012 | |
|---|---|---|---|
| Tangible Assets | 7,540 | 5,040 | 5,303 |
| Intangible Assets | 4,000 | 12,000 | 8,000 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 11,540 | 17,040 | 13,303 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 180,662 | 30,768 | 37,425 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 31,823 | 1,221 | 5,274 |
| misc current assets | 101 | 101 | 0 |
| total current assets | 212,586 | 32,090 | 42,699 |
| total assets | 224,126 | 49,130 | 56,002 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 60,349 | 5,788 | 1,644 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 60,349 | 5,788 | 1,644 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 60,349 | 5,788 | 1,644 |
| net assets | 163,777 | 43,342 | 54,358 |
| total shareholders funds | 163,777 | 43,342 | 54,358 |
| Nov 2014 | Nov 2013 | Nov 2012 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 433 | 365 | 365 |
| Amortisation | 8,000 | 8,000 | 2,000 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 149,894 | -6,657 | 37,425 |
| Creditors | 54,561 | 4,144 | 1,644 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 30,602 | -4,053 | 5,274 |
| overdraft | 0 | 0 | 0 |
| change in cash | 30,602 | -4,053 | 5,274 |
torquing group ltd Credit Report and Business Information
Torquing Group Ltd Competitor Analysis
Perform a competitor analysis for torquing group ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in SA1 area or any other competitors across 12 key performance metrics.
torquing group ltd Ownership
TORQUING GROUP LTD group structure
Torquing Group Ltd has 2 subsidiary companies.
Ultimate parent company
TORQUING GROUP LTD
07783507
2 subsidiaries
torquing group ltd directors
Torquing Group Ltd currently has 5 directors. The longest serving directors include Mrs Anna Reedman (Sep 2011) and Mr Philip Busby (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Anna Reedman | 45 years | Sep 2011 | - | Director | |
| Mr Philip Busby | United Kingdom | 74 years | Mar 2014 | - | Director |
| Mr Philip Busby | Wales | 52 years | Mar 2014 | - | Director |
| Mr Alfred Dietrich | Wales | 44 years | Jan 2015 | - | Director |
| Mr Reece Crowther | United Kingdom | 36 years | Jan 2015 | - | Director |
P&L
November 2014turnover
596.4k
+517%
operating profit
-29.6k
0%
gross margin
17.7%
+2.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2014net assets
163.8k
+2.78%
total assets
224.1k
+3.56%
cash
31.8k
+25.06%
net assets
Total assets minus all liabilities
Similar Companies
torquing group ltd company details
company number
07783507
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
September 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
November 2014
previous names
N/A
accountant
-
auditor
-
address
63 walter road, swansea, SA1 4PT
Bank
-
Legal Advisor
-
torquing group 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 did not find charges/mortgages relating to torquing group ltd.
torquing group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
