true telecom limited
true telecom limited Company Information
Company Number
08225783
Next Accounts
2819 days late
Shareholders
stuart john griffiths
Group Structure
View All
Industry
Other telecommunications activities
Registered Address
90 victoria street, bristol, BS1 6DP
Website
http://truetelecom.comtrue telecom limited Estimated Valuation
Pomanda estimates the enterprise value of TRUE TELECOM LIMITED at £14m based on a Turnover of £16.1m and 0.87x industry multiple (adjusted for size and gross margin).
true telecom limited Estimated Valuation
Pomanda estimates the enterprise value of TRUE TELECOM LIMITED at £0 based on an EBITDA of £-235.3k and a 3.66x industry multiple (adjusted for size and gross margin).
true telecom limited Estimated Valuation
Pomanda estimates the enterprise value of TRUE TELECOM LIMITED at £0 based on Net Assets of £-2.3m and 2.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
True Telecom Limited Overview
True Telecom Limited is a live company located in bristol, BS1 6DP with a Companies House number of 08225783. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in September 2012, it's largest shareholder is stuart john griffiths with a 100% stake. True Telecom Limited is a established, mid sized company, Pomanda has estimated its turnover at £16.1m with unknown growth in recent years.
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True Telecom Limited Health Check
Pomanda's financial health check has awarded True Telecom Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £16.1m, make it larger than the average company (£7.9m)
- True Telecom Limited
£7.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- True Telecom Limited
- - Industry AVG
Production
with a gross margin of 22%, this company has a higher cost of product (38.3%)
- True Telecom Limited
38.3% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (5.2%)
- True Telecom Limited
5.2% - Industry AVG
Employees
with 39 employees, this is below the industry average (62)
- True Telecom Limited
62 - Industry AVG
Pay Structure
on an average salary of £51.7k, the company has an equivalent pay structure (£51.7k)
- True Telecom Limited
£51.7k - Industry AVG
Efficiency
resulting in sales per employee of £413.5k, this is more efficient (£223.3k)
- True Telecom Limited
£223.3k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (45 days)
- True Telecom Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 168 days, this is slower than average (47 days)
- True Telecom Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- True Telecom Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (10 weeks)
1 weeks - True Telecom Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 164%, this is a higher level of debt than the average (70%)
164% - True Telecom Limited
70% - Industry AVG
TRUE TELECOM LIMITED financials
True Telecom Limited's latest turnover from September 2015 is estimated at £16.1 million and the company has net assets of -£2.3 million. According to their latest financial statements, we estimate that True Telecom Limited has 39 employees and maintains cash reserves of £134.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|
| 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
| Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|
| Tangible Assets | 120,816 | 141,079 | 1,095 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 120,816 | 141,079 | 1,095 |
| Stock & work in progress | |||
| Trade Debtors | 3,279,131 | 1,346,161 | 87,677 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | 134,575 | 113,926 | 23,238 |
| misc current assets | |||
| total current assets | 3,413,706 | 1,460,087 | 110,915 |
| total assets | 3,534,522 | 1,601,166 | 112,010 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 5,795,384 | 3,586,525 | 594,968 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 5,795,384 | 3,586,525 | 594,968 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 5,795,384 | 3,586,525 | 594,968 |
| net assets | -2,260,862 | -1,985,359 | -482,958 |
| total shareholders funds | -2,260,862 | -1,985,359 | -482,958 |
| Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 40,786 | 36,959 | 122 |
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 1,932,970 | 1,258,484 | 87,677 |
| Creditors | 2,208,859 | 2,991,557 | 594,968 |
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 20,649 | 90,688 | 23,238 |
| overdraft | |||
| change in cash | 20,649 | 90,688 | 23,238 |
true telecom limited Credit Report and Business Information
True Telecom Limited Competitor Analysis
Perform a competitor analysis for true telecom limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in BS1 area or any other competitors across 12 key performance metrics.
true telecom limited Ownership
TRUE TELECOM LIMITED group structure
True Telecom Limited has no subsidiary companies.
Ultimate parent company
TRUE TELECOM LIMITED
08225783
true telecom limited directors
True Telecom Limited currently has 2 directors. The longest serving directors include Mr Stuart Griffiths (Sep 2012) and Mr Mark Baines (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Griffiths | 42 years | Sep 2012 | - | Director | |
| Mr Mark Baines | 40 years | Feb 2016 | - | Director |
P&L
September 2015turnover
16.1m
+112%
operating profit
-276.1k
0%
gross margin
22%
+5.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2015net assets
-2.3m
+0.14%
total assets
3.5m
+1.21%
cash
134.6k
+0.18%
net assets
Total assets minus all liabilities
Similar Companies
true telecom limited company details
company number
08225783
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
September 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
September 2015
previous names
pure telecom uk ltd (September 2012)
accountant
-
auditor
-
address
90 victoria street, bristol, BS1 6DP
Bank
-
Legal Advisor
-
true telecom 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 true telecom limited.
true telecom 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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true telecom limited Companies House Filings - See Documents
| date | description | view/download |
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