tatton horseboxes limited

tatton horseboxes limited Company Information

Share TATTON HORSEBOXES LIMITED
Live 
EstablishedSmallDeclining

Company Number

08216972

Industry

Sale of used cars and light motor vehicles

 

Manufacture of other transport equipment n.e.c.

 

Shareholders

anthony norton & howard bilton

Group Structure

View All

Contact

Registered Address

thorney fen rosslyn lane, cuddington, northwich, cheshire, CW8 2JZ

tatton horseboxes limited Estimated Valuation

£261.2k

Pomanda estimates the enterprise value of TATTON HORSEBOXES LIMITED at £261.2k based on a Turnover of £757.8k and 0.34x industry multiple (adjusted for size and gross margin).

tatton horseboxes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TATTON HORSEBOXES LIMITED at £0 based on an EBITDA of £-21.3k and a 3.67x industry multiple (adjusted for size and gross margin).

tatton horseboxes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TATTON HORSEBOXES LIMITED at £0 based on Net Assets of £-961.3k and 2.65x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Tatton Horseboxes Limited Overview

Tatton Horseboxes Limited is a live company located in northwich, CW8 2JZ with a Companies House number of 08216972. It operates in the manufacture of other transport equipment n.e.c. sector, SIC Code 30990. Founded in September 2012, it's largest shareholder is anthony norton & howard bilton with a 100% stake. Tatton Horseboxes Limited is a established, small sized company, Pomanda has estimated its turnover at £757.8k with declining growth in recent years.

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Tatton Horseboxes Limited Health Check

Pomanda's financial health check has awarded Tatton Horseboxes Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

8 Weak

size

Size

annual sales of £757.8k, make it smaller than the average company (£10.9m)

£757.8k - Tatton Horseboxes Limited

£10.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (9.4%)

-12% - Tatton Horseboxes Limited

9.4% - Industry AVG

production

Production

with a gross margin of 17.8%, this company has a comparable cost of product (17.8%)

17.8% - Tatton Horseboxes Limited

17.8% - Industry AVG

profitability

Profitability

an operating margin of -2.8% make it less profitable than the average company (4.1%)

-2.8% - Tatton Horseboxes Limited

4.1% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (44)

3 - Tatton Horseboxes Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.5k, the company has an equivalent pay structure (£37.5k)

£37.5k - Tatton Horseboxes Limited

£37.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £252.6k, this is less efficient (£345.2k)

£252.6k - Tatton Horseboxes Limited

£345.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 36 days, this is near the average (36 days)

36 days - Tatton Horseboxes Limited

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 42 days, this is slower than average (28 days)

42 days - Tatton Horseboxes Limited

28 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 120 days, this is more than average (74 days)

120 days - Tatton Horseboxes Limited

74 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)

0 weeks - Tatton Horseboxes Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 277.6%, this is a higher level of debt than the average (60.2%)

277.6% - Tatton Horseboxes Limited

60.2% - Industry AVG

TATTON HORSEBOXES LIMITED financials

EXPORTms excel logo

Tatton Horseboxes Limited's latest turnover from December 2023 is estimated at £757.8 thousand and the company has net assets of -£961.3 thousand. According to their latest financial statements, we estimate that Tatton Horseboxes Limited has 3 employees and maintains cash reserves of £5.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover757,763706,452861,4861,129,9192,358,8552,292,7903,529,4102,446,8572,602,9394,021,4382,172,414
Other Income Or Grants00000000000
Cost Of Sales622,913579,129711,401929,6501,928,0631,838,9952,832,9681,956,9792,069,8413,229,0491,777,057
Gross Profit134,849127,323150,085200,268430,792453,795696,442489,878533,098792,390395,357
Admin Expenses156,118184,630329,063325,297561,550599,505840,323516,918520,140718,415443,806
Operating Profit-21,269-57,307-178,978-125,029-130,758-145,710-143,881-27,04012,95873,975-48,449
Interest Payable32,59327,52318,10717,68119,6919,9059,46418,5429,81900
Interest Receivable2,7052,522165457679806155451,040520108
Pre-Tax Profit-51,157-82,308-196,920-142,665-149,683-154,635-152,730-45,0374,17974,495-48,341
Tax00000000-836-15,6440
Profit After Tax-51,157-82,308-196,920-142,665-149,683-154,635-152,730-45,0373,34358,851-48,341
Dividends Paid00000000000
Retained Profit-51,157-82,308-196,920-142,665-149,683-154,635-152,730-45,0373,34358,851-48,341
Employee Costs112,612109,729101,456136,096169,368163,911155,677154,649384,479585,508320,894
Number Of Employees33345555132011
EBITDA*-21,269-57,307-176,791-117,236-120,272-136,300-136,727-22,08715,22374,726-48,449

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets18,002002,18721,62532,11120,13926,09213,1429,6750
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets18,002002,18721,62532,11120,13926,09213,1429,6750
Stock & work in progress206,391187,542202,762452,355874,657705,3171,247,7441,257,3841,040,093614,144364,597
Trade Debtors75,16878,35399,03886,820188,321222,242362,527156,045175,059181,07175,932
Group Debtors00000000000
Misc Debtors235,759214,670332,032299,610243,377243,67655,94856,01048,93900
Cash5,92597,12646,97385,1524,867199,65861,723184,267251,334164,57143,353
misc current assets88000000000
total current assets523,251577,699680,805923,9371,311,2221,370,8931,727,9421,653,7061,515,425959,786483,882
total assets541,253577,699680,805926,1241,332,8471,403,0041,748,0811,679,7981,528,567969,461483,882
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 72,17254,68264,62863,801210,600195,993426,263222,030172,173957,925532,222
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00004,3384,33800000
other current liabilities1,140,6441,143,4231,154,2751,203,5011,305,3231,232,5591,206,9651,197,7371,038,49100
total current liabilities1,212,8161,198,1051,218,9031,267,3021,520,2611,432,8901,633,2281,419,7671,210,664957,925532,222
loans289,717289,717289,717289,717289,972293,4790291,213302,12600
hp & lease commitments000010,84415,18200000
Accruals and Deferred Income00000000000
other liabilities000000298,7650000
provisions000000001,9221,0240
total long term liabilities289,717289,717289,717289,717300,816308,661298,765291,213304,0481,0240
total liabilities1,502,5331,487,8221,508,6201,557,0191,821,0771,741,5511,931,9931,710,9801,514,712958,949532,222
net assets-961,280-910,123-827,815-630,895-488,230-338,547-183,912-31,18213,85510,512-48,340
total shareholders funds-961,280-910,123-827,815-630,895-488,230-338,547-183,912-31,18213,85510,512-48,340
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit-21,269-57,307-178,978-125,029-130,758-145,710-143,881-27,04012,95873,975-48,449
Depreciation002,1877,79310,4869,4107,1544,9532,2657510
Amortisation00000000000
Tax00000000-836-15,6440
Stock18,849-15,220-249,593-422,302169,340-542,427-9,640217,291425,949249,547364,597
Debtors17,904-138,04744,640-45,268-34,22047,443206,420-11,94342,927105,13975,932
Creditors17,490-9,946827-146,79914,607-230,270204,23349,857-785,752425,703532,222
Accruals and Deferred Income-2,779-10,852-49,226-101,82272,76425,5949,228159,2461,038,49100
Deferred Taxes & Provisions0000000-1,9228981,0240
Cash flow from operations-43,31175,162-20,237101,713-168,021154,008-120,046-20,254-200,852131,12343,244
Investing Activities
capital expenditure-18,0020011,6450-21,382-1,201-17,903-5,732-10,4260
Change in Investments00000000000
cash flow from investments-18,0020011,6450-21,382-1,201-17,903-5,732-10,4260
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans000-255-3,507293,479-291,213-10,913302,12600
Hire Purchase and Lease Commitments000-15,182-4,33819,52000000
other long term liabilities00000-298,765298,7650000
share issue00000000011
interest-29,888-25,001-17,942-17,636-18,924-8,925-8,849-17,997-8,779520108
cash flow from financing-29,888-25,001-17,942-33,073-26,7695,309-1,297-28,910293,347521109
cash and cash equivalents
cash-91,20150,153-38,17980,285-194,791137,935-122,544-67,06786,763121,21843,353
overdraft00000000000
change in cash-91,20150,153-38,17980,285-194,791137,935-122,544-67,06786,763121,21843,353

tatton horseboxes limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Tatton Horseboxes Limited Competitor Analysis

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Perform a competitor analysis for tatton horseboxes limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in CW8 area or any other competitors across 12 key performance metrics.

tatton horseboxes limited Ownership

TATTON HORSEBOXES LIMITED group structure

Tatton Horseboxes Limited has no subsidiary companies.

Ultimate parent company

TATTON HORSEBOXES LIMITED

08216972

TATTON HORSEBOXES LIMITED Shareholders

anthony norton & howard bilton 100%

tatton horseboxes limited directors

Tatton Horseboxes Limited currently has 2 directors. The longest serving directors include Mr Howard Bilton (Feb 2014) and Mr Anthony Norton (Feb 2014).

officercountryagestartendrole
Mr Howard Bilton69 years Feb 2014- Director
Mr Anthony NortonEngland66 years Feb 2014- Director

P&L

December 2023

turnover

757.8k

+7%

operating profit

-21.3k

0%

gross margin

17.8%

-1.26%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-961.3k

+0.06%

total assets

541.3k

-0.06%

cash

5.9k

-0.94%

net assets

Total assets minus all liabilities

tatton horseboxes limited company details

company number

08216972

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

30990 - Manufacture of other transport equipment n.e.c.

incorporation date

September 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

mereside motors ltd (September 2020)

accountant

WALLWORK NELSON & JOHNSON

auditor

-

address

thorney fen rosslyn lane, cuddington, northwich, cheshire, CW8 2JZ

Bank

-

Legal Advisor

-

tatton horseboxes 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 tatton horseboxes limited.

tatton horseboxes 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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tatton horseboxes limited Companies House Filings - See Documents

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