target timber tech ltd
target timber tech ltd Company Information
Company Number
08557646
Next Accounts
Mar 2025
Industry
Development of building projects
Directors
Shareholders
target timber holdings limited
Group Structure
View All
Contact
Registered Address
old marton hall old marton, ellesmere, SY12 9HZ
Website
targettimber.comtarget timber tech ltd Estimated Valuation
Pomanda estimates the enterprise value of TARGET TIMBER TECH LTD at £534k based on a Turnover of £1m and 0.51x industry multiple (adjusted for size and gross margin).
target timber tech ltd Estimated Valuation
Pomanda estimates the enterprise value of TARGET TIMBER TECH LTD at £456k based on an EBITDA of £122.5k and a 3.72x industry multiple (adjusted for size and gross margin).
target timber tech ltd Estimated Valuation
Pomanda estimates the enterprise value of TARGET TIMBER TECH LTD at £392k based on Net Assets of £284.7k and 1.38x industry multiple (adjusted for liquidity).
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Target Timber Tech Ltd Overview
Target Timber Tech Ltd is a live company located in ellesmere, SY12 9HZ with a Companies House number of 08557646. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2013, it's largest shareholder is target timber holdings limited with a 100% stake. Target Timber Tech Ltd is a established, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.
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Target Timber Tech Ltd Health Check
Pomanda's financial health check has awarded Target Timber Tech Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £1m, make it smaller than the average company (£2.2m)
- Target Timber Tech Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (3.1%)
- Target Timber Tech Ltd
3.1% - Industry AVG
Production
with a gross margin of 26.2%, this company has a comparable cost of product (26.2%)
- Target Timber Tech Ltd
26.2% - Industry AVG
Profitability
an operating margin of 6.5% make it as profitable than the average company (7.2%)
- Target Timber Tech Ltd
7.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Target Timber Tech Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)
- Target Timber Tech Ltd
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£282.5k)
- Target Timber Tech Ltd
£282.5k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (28 days)
- Target Timber Tech Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (30 days)
- Target Timber Tech Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Target Timber Tech Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 63 weeks, this is more cash available to meet short term requirements (13 weeks)
63 weeks - Target Timber Tech Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.3%, this is a lower level of debt than the average (73.1%)
53.3% - Target Timber Tech Ltd
73.1% - Industry AVG
TARGET TIMBER TECH LTD financials
Target Timber Tech Ltd's latest turnover from June 2023 is estimated at £1 million and the company has net assets of £284.7 thousand. According to their latest financial statements, Target Timber Tech Ltd has 1 employee and maintains cash reserves of £189.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 43,453 | 32,171 | 42,896 | 35,893 | 34,871 | 46,495 | 43,438 | 25,638 | 16,898 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 43,453 | 32,171 | 42,896 | 35,893 | 34,871 | 46,495 | 43,438 | 25,638 | 16,898 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 192,632 | 385,087 | 311,403 | 289,526 | 129,005 | 177,344 | 138,868 | 87,695 | 71,015 | 65,606 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 184,407 | 0 | 0 | 0 | 180,935 | 135,627 | 103,787 | 62,720 | 0 | 0 |
| Cash | 189,678 | 42,089 | 155,946 | 243,674 | 61,091 | 131,773 | 72,702 | 57,587 | 78,330 | 12,351 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 566,717 | 427,176 | 467,349 | 533,200 | 371,031 | 444,744 | 315,357 | 208,002 | 149,345 | 77,957 |
| total assets | 610,170 | 459,347 | 510,245 | 569,093 | 405,902 | 491,239 | 358,795 | 233,640 | 166,243 | 77,957 |
| Bank overdraft | 5,300 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,368 | 41,682 | 44,975 | 83,522 | 0 | 4,800 | 1,531 | 2,148 | 45,142 | 31,687 |
| Group/Directors Accounts | 82 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 136,833 | 0 | 0 | 0 | 80,307 | 103,893 | 91,327 | 67,449 | 0 | 0 |
| total current liabilities | 154,583 | 41,682 | 44,975 | 83,522 | 80,307 | 108,693 | 92,858 | 69,597 | 45,142 | 31,687 |
| loans | 170,884 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 180,398 | 200,540 | 190,205 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 170,884 | 180,398 | 200,540 | 190,205 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 325,467 | 222,080 | 245,515 | 273,727 | 80,307 | 108,693 | 92,858 | 69,597 | 45,142 | 31,687 |
| net assets | 284,703 | 237,267 | 264,730 | 295,366 | 325,595 | 382,546 | 265,937 | 164,043 | 121,101 | 46,270 |
| total shareholders funds | 284,703 | 237,267 | 264,730 | 295,366 | 325,595 | 382,546 | 265,937 | 164,043 | 121,101 | 46,270 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 55,335 | 10,724 | 14,298 | 10,447 | 11,624 | 15,498 | 14,480 | 1,127 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -8,048 | 73,684 | 21,877 | -20,414 | -3,031 | 70,316 | 92,240 | 79,400 | 5,409 | 65,606 |
| Creditors | -29,314 | -3,293 | -38,547 | 83,522 | -4,800 | 3,269 | -617 | -42,994 | 13,455 | 31,687 |
| Accruals and Deferred Income | 136,833 | 0 | 0 | -80,307 | -23,586 | 12,566 | 23,878 | 67,449 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 82 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 170,884 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -180,398 | -20,142 | 10,335 | 190,205 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 147,589 | -113,857 | -87,728 | 182,583 | -70,682 | 59,071 | 15,115 | -20,743 | 65,979 | 12,351 |
| overdraft | 5,300 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 142,289 | -113,857 | -87,728 | 182,583 | -70,682 | 59,071 | 15,115 | -20,743 | 65,979 | 12,351 |
target timber tech ltd Credit Report and Business Information
Target Timber Tech Ltd Competitor Analysis
Perform a competitor analysis for target timber tech ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SY12 area or any other competitors across 12 key performance metrics.
target timber tech ltd Ownership
TARGET TIMBER TECH LTD group structure
Target Timber Tech Ltd has no subsidiary companies.
Ultimate parent company
1 parent
TARGET TIMBER TECH LTD
08557646
target timber tech ltd directors
Target Timber Tech Ltd currently has 1 director, Mr Peter Wilson serving since Jun 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Wilson | United Kingdom | 42 years | Jun 2013 | - | Director |
P&L
June 2023turnover
1m
-43%
operating profit
67.1k
0%
gross margin
26.2%
+6.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
284.7k
+0.2%
total assets
610.2k
+0.33%
cash
189.7k
+3.51%
net assets
Total assets minus all liabilities
target timber tech ltd company details
company number
08557646
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
June 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
CLEAR ACCOUNTANCY SERVICES LIMITED
auditor
-
address
old marton hall old marton, ellesmere, SY12 9HZ
Bank
-
Legal Advisor
-
target timber tech 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 target timber tech ltd.
target timber tech 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.
Click to start generating capital raising & share issue transactions for TARGET TIMBER TECH LTD. This can take several minutes, an email will notify you when this has completed.
target timber tech ltd Companies House Filings - See Documents
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