terrapens limited
terrapens limited Company Information
Company Number
08446069
Next Accounts
Sep 2026
Directors
Shareholders
william francis philip cheevers
richard alexander cheevers
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
2 new bailey 6 stanley street, salford, greater manchester, M3 5GS
Website
-terrapens limited Estimated Valuation
Pomanda estimates the enterprise value of TERRAPENS LIMITED at £274.4k based on a Turnover of £136.6k and 2.01x industry multiple (adjusted for size and gross margin).
terrapens limited Estimated Valuation
Pomanda estimates the enterprise value of TERRAPENS LIMITED at £52.9k based on an EBITDA of £12.9k and a 4.11x industry multiple (adjusted for size and gross margin).
terrapens limited Estimated Valuation
Pomanda estimates the enterprise value of TERRAPENS LIMITED at £180.9k based on Net Assets of £78.8k and 2.3x industry multiple (adjusted for liquidity).
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Terrapens Limited Overview
Terrapens Limited is a live company located in greater manchester, M3 5GS with a Companies House number of 08446069. It operates in the letting and operating of conference and exhibition centres sector, SIC Code 68202. Founded in March 2013, it's largest shareholder is william francis philip cheevers with a 33.3% stake. Terrapens Limited is a established, micro sized company, Pomanda has estimated its turnover at £136.6k with declining growth in recent years.
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Terrapens Limited Health Check
Pomanda's financial health check has awarded Terrapens Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £136.6k, make it smaller than the average company (£903.4k)
- Terrapens Limited
£903.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (14.9%)
- Terrapens Limited
14.9% - Industry AVG
Production
with a gross margin of 29.6%, this company has a higher cost of product (66%)
- Terrapens Limited
66% - Industry AVG
Profitability
an operating margin of 9.4% make it less profitable than the average company (19.7%)
- Terrapens Limited
19.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
1 - Terrapens Limited
10 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)
- Terrapens Limited
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £136.6k, this is equally as efficient (£147.3k)
- Terrapens Limited
£147.3k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (29 days)
- Terrapens Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 1569 days, this is slower than average (35 days)
- Terrapens Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Terrapens Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (28 weeks)
2 weeks - Terrapens Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84%, this is a higher level of debt than the average (56.7%)
84% - Terrapens Limited
56.7% - Industry AVG
TERRAPENS LIMITED financials
Terrapens Limited's latest turnover from December 2024 is estimated at £136.6 thousand and the company has net assets of £78.8 thousand. According to their latest financial statements, Terrapens Limited has 1 employee and maintains cash reserves of £20 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 36,060 | 34,200 | 34,200 | 34,200 | 34,200 | 34,684 | ||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | 36,060 | 34,200 | 34,200 | 34,200 | 34,200 | 34,684 | ||||||
| Admin Expenses | 8,489 | 8,009 | 7,598 | 7,152 | 8,582 | 7,454 | ||||||
| Operating Profit | 27,571 | 26,191 | 26,602 | 27,048 | 25,618 | 27,230 | ||||||
| Interest Payable | 18,090 | 18,090 | 18,090 | 18,090 | 18,090 | 14,274 | ||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | 9,481 | 8,101 | 8,512 | 8,958 | 7,528 | 12,956 | ||||||
| Tax | -1,801 | -1,505 | -1,702 | -1,792 | -1,506 | -2,647 | ||||||
| Profit After Tax | 7,680 | 6,596 | 6,810 | 7,166 | 6,022 | 10,309 | ||||||
| Dividends Paid | ||||||||||||
| Retained Profit | 7,680 | 6,596 | 6,810 | 7,166 | 6,022 | 10,309 | ||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| EBITDA* | 27,571 | 26,191 | 26,602 | 27,048 | 25,618 | 27,230 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 | 466,016 |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 6,643 | 7,466 | 14,266 | 18,770 | 12,420 | 6,671 | 3,579 | 10,687 | 6,423 | 14,427 | 8,550 | |
| Group Debtors | ||||||||||||
| Misc Debtors | ||||||||||||
| Cash | 19,950 | 22,861 | 97,431 | 89,363 | 80,592 | 90,299 | 62,658 | 121,608 | 99,864 | 72,015 | 41,934 | 23,841 |
| misc current assets | ||||||||||||
| total current assets | 26,593 | 30,327 | 111,697 | 108,133 | 93,012 | 96,970 | 62,658 | 125,187 | 110,551 | 78,438 | 56,361 | 32,391 |
| total assets | 492,609 | 496,343 | 577,713 | 574,149 | 559,028 | 562,986 | 528,674 | 591,203 | 576,567 | 544,454 | 522,377 | 498,407 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 413,764 | 427,946 | 498,493 | 503,687 | 496,451 | 509,843 | ||||||
| Group/Directors Accounts | 451,947 | |||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 31,844 | 102,053 | 94,013 | 68,710 | 53,799 | 35,851 | ||||||
| total current liabilities | 413,764 | 427,946 | 498,493 | 503,687 | 496,451 | 509,843 | 483,791 | 102,053 | 94,013 | 68,710 | 53,799 | 35,851 |
| loans | 451,947 | 451,947 | 451,947 | 451,947 | 451,947 | |||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | ||||||||||||
| total long term liabilities | 451,947 | 451,947 | 451,947 | 451,947 | 451,947 | |||||||
| total liabilities | 413,764 | 427,946 | 498,493 | 503,687 | 496,451 | 509,843 | 483,791 | 554,000 | 545,960 | 520,657 | 505,746 | 487,798 |
| net assets | 78,845 | 68,397 | 79,220 | 70,462 | 62,577 | 53,143 | 44,883 | 37,203 | 30,607 | 23,797 | 16,631 | 10,609 |
| total shareholders funds | 78,845 | 68,397 | 79,220 | 70,462 | 62,577 | 53,143 | 44,883 | 37,203 | 30,607 | 23,797 | 16,631 | 10,609 |
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 27,571 | 26,191 | 26,602 | 27,048 | 25,618 | 27,230 | ||||||
| Depreciation | ||||||||||||
| Amortisation | ||||||||||||
| Tax | -1,801 | -1,505 | -1,702 | -1,792 | -1,506 | -2,647 | ||||||
| Stock | ||||||||||||
| Debtors | -823 | -6,800 | -4,504 | 6,350 | 5,749 | 6,671 | -3,579 | -7,108 | 4,264 | -8,004 | 5,877 | 8,550 |
| Creditors | -14,182 | -70,547 | -5,194 | 7,236 | -13,392 | 509,843 | ||||||
| Accruals and Deferred Income | -31,844 | -70,209 | 8,040 | 25,303 | 14,911 | 17,948 | 35,851 | |||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | -40,860 | 39,834 | 45,939 | 48,171 | 36,183 | 51,884 | ||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -451,947 | 451,947 | ||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | -451,947 | 451,947 | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | -18,090 | -18,090 | -18,090 | -18,090 | -18,090 | -14,274 | ||||||
| cash flow from financing | -18,090 | -18,090 | -18,090 | -18,090 | -18,090 | 437,973 | ||||||
| cash and cash equivalents | ||||||||||||
| cash | -2,911 | -74,570 | 8,068 | 8,771 | -9,707 | 27,641 | -58,950 | 21,744 | 27,849 | 30,081 | 18,093 | 23,841 |
| overdraft | ||||||||||||
| change in cash | -2,911 | -74,570 | 8,068 | 8,771 | -9,707 | 27,641 | -58,950 | 21,744 | 27,849 | 30,081 | 18,093 | 23,841 |
terrapens limited Credit Report and Business Information
Terrapens Limited Competitor Analysis
Perform a competitor analysis for terrapens limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M 3 area or any other competitors across 12 key performance metrics.
terrapens limited Ownership
TERRAPENS LIMITED group structure
Terrapens Limited has no subsidiary companies.
Ultimate parent company
TERRAPENS LIMITED
08446069
terrapens limited directors
Terrapens Limited currently has 1 director, Mr William Cheevers serving since Jan 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Cheevers | 63 years | Jan 2023 | - | Director |
P&L
December 2024turnover
136.6k
-2%
operating profit
12.9k
0%
gross margin
29.6%
+51.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2024net assets
78.8k
+0.15%
total assets
492.6k
-0.01%
cash
20k
-0.13%
net assets
Total assets minus all liabilities
Similar Companies
terrapens limited company details
company number
08446069
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68202 - Letting and operating of conference and exhibition centres
incorporation date
March 2013
age
12
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2024
previous names
N/A
accountant
ROBB FERGUSON CHARTERED ACCOUNTANTS
auditor
-
address
2 new bailey 6 stanley street, salford, greater manchester, M3 5GS
Bank
-
Legal Advisor
-
terrapens 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 terrapens limited.
terrapens 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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terrapens limited Companies House Filings - See Documents
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