Pomanda estimates the enterprise value of TURNERS PALLETS & RECYCLING SERVICES LIMITED at £689.7k based on a Turnover of £2m and 0.34x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of TURNERS PALLETS & RECYCLING SERVICES LIMITED at £119.2k based on an EBITDA of £50.5k and a 2.36x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of TURNERS PALLETS & RECYCLING SERVICES LIMITED at £171.7k based on Net Assets of £85.9k and 2x industry multiple (adjusted for liquidity).
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Turners Pallets & Recycling Services Limited is a live company located in droitwich spa, WR9 9AJ with a Companies House number of 08259170. It operates in the other transportation support activities sector, SIC Code 52290. Founded in October 2012, it's largest shareholder is
mr darren russell turner
with a 50% stake. Turners Pallets & Recycling Services Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2m with
high
growth in recent years.
Turners Pallets & Recycling Services Limited Health Check
Pomanda's financial health check has awarded Turners Pallets & Recycling Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
9 Weak
Size
annual sales of £2m, make it smaller than the average company (£10.6m)
Turners Pallets & Recycling Services Limited's latest turnover from March 2023 is estimated at £2 million and the company has net assets of £85.9 thousand. According to their latest financial statements, Turners Pallets & Recycling Services Limited has 18 employees and maintains cash reserves of £2.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Turnover
2,001,731
1,520,559
1,682,332
1,267,270
1,324,323
1,034,842
1,326,075
1,403,071
2,110,823
2,004,294
1,949,786
Other Income Or Grants
Cost Of Sales
1,742,334
1,325,050
1,440,178
1,088,464
1,129,396
885,369
1,121,358
1,205,203
1,802,094
1,714,432
1,685,298
Gross Profit
259,397
195,509
242,154
178,806
194,928
149,473
204,717
197,868
308,729
289,861
264,488
Admin Expenses
225,034
123,794
259,364
205,724
176,272
181,572
194,710
210,646
292,421
287,034
261,529
Operating Profit
34,363
71,715
-17,210
-26,918
18,656
-32,099
10,007
-12,778
16,308
2,827
2,959
Interest Payable
522
1,036
556
Interest Receivable
138
34
4
2
75
52
7
10
44
136
96
Pre-Tax Profit
34,501
71,749
-17,206
-26,916
18,731
-32,569
8,978
-13,323
16,352
2,964
3,055
Tax
-6,555
-13,632
-3,559
-1,795
-3,434
-682
-733
Profit After Tax
27,946
58,117
-17,206
-26,916
15,172
-32,569
7,182
-13,323
12,918
2,282
2,322
Dividends Paid
Retained Profit
27,946
58,117
-17,206
-26,916
15,172
-32,569
7,182
-13,323
12,918
2,282
2,322
Employee Costs
788,969
656,971
626,631
611,413
648,910
801,611
919,417
906,789
173,984
176,850
175,562
Number Of Employees
18
16
16
16
17
21
24
26
5
5
5
EBITDA*
50,451
90,384
27,067
8,247
61,238
21,145
64,329
30,942
77,002
63,008
7,959
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Tangible Assets
18,634
34,722
86,508
55,156
90,305
102,455
122,609
78,185
103,815
125,424
Intangible Assets
15,000
35,000
55,000
75,000
95,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
18,634
34,722
86,508
55,156
90,305
102,455
137,609
113,185
158,815
200,424
95,000
Stock & work in progress
155,000
105,000
35,000
65,000
67,500
105,000
140,000
160,000
100,000
15,000
21,000
Trade Debtors
382,729
329,166
369,391
226,967
236,401
240,380
324,283
282,838
381,547
417,093
397,489
Group Debtors
Misc Debtors
Cash
2,794
3,688
5,386
1,636
2,084
17,914
2,966
2,479
1,581
16,038
38,442
misc current assets
total current assets
540,523
437,854
409,777
293,603
305,985
363,294
467,249
445,317
483,128
448,131
456,931
total assets
559,157
472,576
496,285
348,759
396,290
465,749
604,858
558,502
641,943
648,555
551,931
Bank overdraft
16,060
17,094
Bank loan
Trade Creditors
468,573
407,539
479,265
314,533
335,148
1,857
15,506
38,960
552,141
535,641
548,409
Group/Directors Accounts
other short term finances
hp & lease commitments
37,152
27,234
14,850
other current liabilities
376,312
482,565
439,337
total current liabilities
468,573
407,539
479,265
314,533
335,148
415,321
541,365
510,241
552,141
535,641
548,409
loans
hp & lease commitments
4,727
26,390
27,225
Accruals and Deferred Income
other liabilities
42,075
56,925
provisions
4,659
7,058
17,158
17,158
17,158
16,889
24,522
15,637
18,702
18,810
total long term liabilities
4,659
7,058
17,158
17,158
17,158
21,616
50,912
42,862
60,777
75,735
total liabilities
473,232
414,597
496,423
331,691
352,306
436,937
592,277
553,103
612,918
611,376
548,409
net assets
85,925
57,979
-138
17,068
43,984
28,812
12,581
5,399
29,025
37,179
3,522
total shareholders funds
85,925
57,979
-138
17,068
43,984
28,812
12,581
5,399
29,025
37,179
3,522
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Operating Activities
Operating Profit
34,363
71,715
-17,210
-26,918
18,656
-32,099
10,007
-12,778
16,308
2,827
2,959
Depreciation
16,088
18,669
44,277
35,165
42,582
38,244
34,322
23,720
40,694
40,181
Amortisation
15,000
20,000
20,000
20,000
20,000
5,000
Tax
-6,555
-13,632
-3,559
-1,795
-3,434
-682
-733
Stock
50,000
70,000
-30,000
-2,500
-37,500
-35,000
-20,000
60,000
85,000
-6,000
21,000
Debtors
53,563
-40,225
142,424
-9,434
-3,979
-83,903
41,445
-98,709
-35,546
19,604
397,489
Creditors
61,034
-71,726
164,732
-20,615
333,291
-13,649
-23,454
-513,181
16,500
-12,768
548,409
Accruals and Deferred Income
-376,312
-106,253
43,228
439,337
Deferred Taxes & Provisions
-2,399
-10,100
269
-7,633
8,885
-3,065
-108
18,810
Cash flow from operations
-1,032
-34,849
79,375
-434
56,406
12,513
69,748
-7,258
40,506
54,764
137,146
Investing Activities
capital expenditure
33,117
-75,629
-16
-30,432
-18,090
-78,746
1,910
-19,085
-165,605
-100,000
Change in Investments
cash flow from investments
33,117
-75,629
-16
-30,432
-18,090
-78,746
1,910
-19,085
-165,605
-100,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-41,879
-11,745
11,549
42,075
other long term liabilities
-42,075
-14,850
56,925
share issue
48,800
-10,303
-21,072
31,375
1,200
interest
138
34
4
2
75
-470
-1,029
-546
44
136
96
cash flow from financing
138
34
4
2
-41,804
36,585
10,520
-10,849
-35,878
88,436
1,296
cash and cash equivalents
cash
-894
-1,698
3,750
-448
-15,830
14,948
487
898
-14,457
-22,404
38,442
overdraft
-16,060
-1,034
17,094
change in cash
-894
-1,698
3,750
-448
-15,830
31,008
1,521
-16,196
-14,457
-22,404
38,442
turners pallets & recycling services limited 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 turners pallets & recycling services limited. Get real-time insights into turners pallets & recycling services limited's credit score, group structure and payment trends.
Perform a competitor analysis for turners pallets & recycling services limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in WR9 area or any other competitors across 12 key performance metrics.
Turners Pallets & Recycling Services Limited currently has 2 directors.
The longest serving directors include
Mr Russell Turner (Oct 2012) and
Mr Darren Turner (Oct 2012).
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 turners pallets & recycling services limited. Currently there are 1 open charges and 0 have been satisfied in the past.
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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turners pallets & recycling services limitedCompanies House Filings - See Documents
