Washing and (dry-)cleaning of textile and fur products
Registered Address
174 bounces road, london, N9 8LA
Website
-
turn'em clean ltdEstimated Valuation
£28.6k
Pomanda estimates the enterprise value of TURN'EM CLEAN LTD at £28.6k based on a Turnover of £74.5k and 0.38x industry multiple (adjusted for size and gross margin).
turn'em clean ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of TURN'EM CLEAN LTD at £0 based on an EBITDA of £-4.4k and a 2.19x industry multiple (adjusted for size and gross margin).
turn'em clean ltdEstimated Valuation
£40.1k
Pomanda estimates the enterprise value of TURN'EM CLEAN LTD at £40.1k based on Net Assets of £17.2k and 2.33x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Turn'em Clean LtdOverview
Turn'em Clean Ltd is a dissolved company that was located in london, N9 8LA with a Companies House number of 08034723. It operated in the washing and (dry-)cleaning of textile and fur products sector, SIC Code 96010. Founded in April 2012, it's largest shareholder was
seniha cambaz
with a 50% stake. The last turnover for Turn'em Clean Ltd was estimated at £74.5k.
Pomanda's financial health check has awarded Turn'Em Clean Ltd 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 Rating1.5out of 5
1 Strong
2 Regular
7 Weak
Size
annual sales of £74.5k, make it smaller than the average company (£1.5m)
£74.5k - Turn'em Clean Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (-2.7%)
-9% - Turn'em Clean Ltd
-2.7% - Industry AVG
Production
with a gross margin of 21.2%, this company has a higher cost of product (36.3%)
21.2% - Turn'em Clean Ltd
36.3% - Industry AVG
Profitability
an operating margin of -5.9% make it less profitable than the average company (3.5%)
-5.9% - Turn'em Clean Ltd
3.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (56)
4 - Turn'em Clean Ltd
56 - Industry AVG
Pay Structure
on an average salary of £21.3k, the company has an equivalent pay structure (£21.3k)
£21.3k - Turn'em Clean Ltd
£21.3k - Industry AVG
Efficiency
resulting in sales per employee of £18.6k, this is less efficient (£39.4k)
£18.6k - Turn'em Clean Ltd
£39.4k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (56 days)
62 days - Turn'em Clean Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (37 days)
18 days - Turn'em Clean Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Turn'em Clean Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Turn'em Clean Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.9%, this is a lower level of debt than the average (60.5%)
14.9% - Turn'em Clean Ltd
60.5% - Industry AVG
TURN'EM CLEAN LTD financials
EXPORT
Turn'Em Clean Ltd's latest turnover from September 2022 is estimated at £74.5 thousand and the company has net assets of £17.2 thousand. According to their latest financial statements, Turn'Em Clean Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Turnover
74,477
76,887
101,054
97,239
76,950
42,457
36,589
1,077
1,279
974
Other Income Or Grants
Cost Of Sales
58,656
74,301
76,385
70,034
52,066
29,593
23,501
707
845
586
Gross Profit
15,821
2,586
24,670
27,205
24,884
12,864
13,088
370
434
387
Admin Expenses
20,186
10,007
15,440
21,828
23,904
13,691
14,157
-3,521
-4,469
-14,134
Operating Profit
-4,365
-7,421
9,230
5,377
980
-827
-1,069
3,891
4,903
14,521
Interest Payable
Interest Receivable
12
47
51
28
Pre-Tax Profit
-4,365
-7,421
9,230
5,377
980
-827
-1,057
3,938
4,954
14,549
Tax
-1,754
-1,022
-186
-787
-1,040
-3,346
Profit After Tax
-4,365
-7,421
7,476
4,355
794
-827
-1,057
3,150
3,914
11,203
Dividends Paid
Retained Profit
-4,365
-7,421
7,476
4,355
794
-827
-1,057
3,150
3,914
11,203
Employee Costs
85,155
86,940
56,412
83,808
80,046
19,309
19,309
19,580
18,494
18,494
Number Of Employees
4
4
3
4
4
1
1
1
1
1
EBITDA*
-4,365
-7,421
9,230
5,377
980
-827
-1,069
5,391
6,383
17,331
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Tangible Assets
7,500
8,000
10,000
10,500
12,000
10,500
11,500
11,500
13,000
14,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
7,500
8,000
10,000
10,500
12,000
10,500
11,500
11,500
13,000
14,000
Stock & work in progress
950
900
900
Trade Debtors
12,729
14,840
26,600
17,312
8,775
9,694
8,145
Group Debtors
Misc Debtors
506
454
502
Cash
9,486
9,132
11,389
misc current assets
total current assets
12,729
14,840
26,600
17,312
8,775
9,694
8,145
10,942
10,486
12,791
total assets
20,229
22,840
36,600
27,812
20,775
20,194
19,645
22,442
23,486
26,791
Bank overdraft
Bank loan
Trade Creditors
3,007
1,253
7,592
6,280
3,598
3,811
2,435
436
472
486
Group/Directors Accounts
4,815
13,815
other short term finances
hp & lease commitments
other current liabilities
3,639
2,982
1,187
total current liabilities
3,007
1,253
7,592
6,280
3,598
3,811
2,435
4,075
8,269
15,488
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
3,007
1,253
7,592
6,280
3,598
3,811
2,435
4,075
8,269
15,488
net assets
17,222
21,587
29,008
21,532
17,177
16,383
17,210
18,367
15,217
11,303
total shareholders funds
17,222
21,587
29,008
21,532
17,177
16,383
17,210
18,367
15,217
11,303
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Operating Activities
Operating Profit
-4,365
-7,421
9,230
5,377
980
-827
-1,069
3,891
4,903
14,521
Depreciation
1,500
1,480
2,810
Amortisation
Tax
-1,754
-1,022
-186
-787
-1,040
-3,346
Stock
-950
50
900
Debtors
-2,111
-11,760
9,288
8,537
-919
1,549
7,639
52
-48
502
Creditors
1,754
-6,339
1,312
2,682
-213
1,376
1,999
-36
-14
486
Accruals and Deferred Income
-3,639
657
1,795
1,187
Deferred Taxes & Provisions
Cash flow from operations
-500
-2,000
-500
-1,500
1,500
-1,000
-9,398
5,123
7,172
14,256
Investing Activities
capital expenditure
500
2,000
500
1,500
-1,500
1,000
-480
-16,810
Change in Investments
cash flow from investments
500
2,000
500
1,500
-1,500
1,000
-480
-16,810
Financing Activities
Bank loans
Group/Directors Accounts
-4,815
-9,000
13,815
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-100
100
interest
12
47
51
28
cash flow from financing
-88
-4,768
-8,949
13,943
cash and cash equivalents
cash
-9,486
354
-2,257
11,389
overdraft
change in cash
-9,486
354
-2,257
11,389
turn'em clean ltd 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 turn'em clean ltd. Get real-time insights into turn'em clean ltd's credit score, group structure and payment trends.
Perform a competitor analysis for turn'em clean ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in N 9 area or any other competitors across 12 key performance metrics.
turn'em clean ltd Ownership
TURN'EM CLEAN LTD group structure
Turn'Em Clean Ltd has no subsidiary companies.
Ultimate parent company
TURN'EM CLEAN LTD
08034723
TURN'EM CLEAN LTD Shareholders
The largest shareholders in Turn'Em Clean Ltd include Seniha Cambaz and Songur Cambaz.
seniha cambaz
50%
songur cambaz
50%
turn'em clean ltd directors
Turn'Em Clean Ltd currently has 1 director, Mrs Seniha Cambaz serving since Apr 2012.
96010 - Washing and (dry-)cleaning of textile and fur products
incorporation date
April 2012
age
13
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
September 2022
previous names
N/A
accountant
-
auditor
-
address
174 bounces road, london, N9 8LA
Bank
-
Legal Advisor
-
turn'em clean 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 turn'em clean ltd.
turn'em clean ltd 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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turn'em clean ltdCompanies House Filings - See Documents
