tip trailer services uk limitedEstimated Valuation
£316.4m
Pomanda estimates the enterprise value of TIP TRAILER SERVICES UK LIMITED at £316.4m based on a Turnover of £216.2m and 1.46x industry multiple (adjusted for size and gross margin).
tip trailer services uk limitedEstimated Valuation
£555.7m
Pomanda estimates the enterprise value of TIP TRAILER SERVICES UK LIMITED at £555.7m based on an EBITDA of £77.6m and a 7.16x industry multiple (adjusted for size and gross margin).
tip trailer services uk limitedEstimated Valuation
£133.2m
Pomanda estimates the enterprise value of TIP TRAILER SERVICES UK LIMITED at £133.2m based on Net Assets of £65.8m and 2.03x industry multiple (adjusted for liquidity).
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Tip Trailer Services Uk LimitedOverview
Tip Trailer Services Uk Limited is a live company located in altrincham, WA14 2DT with a Companies House number of 08570225. It operates in the renting and leasing of trucks and other heavy vehicles sector, SIC Code 77120. Founded in June 2013, it's largest shareholder is
global tip holdings two b.v.
with a 100% stake. Tip Trailer Services Uk Limited is a established,
mega sized company, Pomanda has estimated its turnover at
£216.2m with
high
growth in recent years.
Pomanda's financial health check has awarded Tip Trailer Services Uk Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £216.2m, make it larger than the average company (£13.3m)
£216.2m - Tip Trailer Services Uk Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (6.9%)
26% - Tip Trailer Services Uk Limited
6.9% - Industry AVG
Production
with a gross margin of 35.6%, this company has a comparable cost of product (31.3%)
35.6% - Tip Trailer Services Uk Limited
31.3% - Industry AVG
Profitability
an operating margin of 7.9% make it less profitable than the average company (15.2%)
7.9% - Tip Trailer Services Uk Limited
15.2% - Industry AVG
Employees
with 673 employees, this is above the industry average (35)
673 - Tip Trailer Services Uk Limited
35 - Industry AVG
Pay Structure
on an average salary of £42.5k, the company has an equivalent pay structure (£44.3k)
£42.5k - Tip Trailer Services Uk Limited
£44.3k - Industry AVG
Efficiency
resulting in sales per employee of £321.2k, this is less efficient (£392.8k)
£321.2k - Tip Trailer Services Uk Limited
£392.8k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (47 days)
78 days - Tip Trailer Services Uk Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (37 days)
25 days - Tip Trailer Services Uk Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is more than average (5 days)
8 days - Tip Trailer Services Uk Limited
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Tip Trailer Services Uk Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.9%, this is a higher level of debt than the average (68%)
88.9% - Tip Trailer Services Uk Limited
68% - Industry AVG
TIP TRAILER SERVICES UK LIMITED financials
EXPORT
Tip Trailer Services Uk Limited's latest turnover from December 2023 is £216.2 million and the company has net assets of £65.8 million. According to their latest financial statements, Tip Trailer Services Uk Limited has 673 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Turnover
216,189,000
161,033,000
122,180,000
108,783,000
110,554,000
102,051,000
91,872,000
83,140,000
64,653,000
55,533,000
10,023,000
Other Income Or Grants
Cost Of Sales
139,295,000
94,658,000
72,264,000
65,483,000
65,796,000
59,864,000
54,263,000
50,066,000
39,824,000
33,448,000
6,129,000
Gross Profit
76,894,000
66,375,000
49,916,000
43,300,000
44,758,000
42,187,000
37,609,000
33,074,000
24,829,000
22,085,000
3,894,000
Admin Expenses
59,800,000
46,462,000
33,041,000
30,564,000
34,529,000
31,291,000
30,442,000
23,389,000
16,270,000
9,963,000
2,019,000
Operating Profit
17,094,000
19,913,000
16,875,000
12,736,000
10,229,000
10,896,000
7,167,000
9,685,000
8,559,000
12,122,000
1,875,000
Interest Payable
20,445,000
8,343,000
5,421,000
5,028,000
5,469,000
5,340,000
6,613,000
6,312,000
3,512,000
2,457,000
517,000
Interest Receivable
517,000
Pre-Tax Profit
-4,229,000
3,072,000
15,454,000
7,708,000
4,760,000
6,172,000
938,000
3,761,000
5,037,000
9,614,000
1,346,000
Tax
831,000
-2,097,000
-2,814,000
-1,715,000
-926,000
-1,392,000
32,000
-851,000
-957,000
-2,049,000
-376,000
Profit After Tax
-3,398,000
975,000
12,640,000
5,993,000
3,834,000
4,780,000
970,000
2,910,000
4,080,000
7,565,000
970,000
Dividends Paid
9,700,000
22,000,000
11,000,000
Retained Profit
-13,098,000
-21,025,000
1,640,000
5,993,000
3,834,000
4,780,000
970,000
2,910,000
4,080,000
7,565,000
970,000
Employee Costs
28,625,000
23,425,000
18,807,000
17,161,000
17,070,000
15,478,000
14,734,000
14,615,000
12,581,000
12,060,000
1,716,000
Number Of Employees
673
530
425
429
405
405
379
359
305
284
218
EBITDA*
77,635,000
60,492,000
49,177,000
41,922,000
37,353,000
36,699,000
27,052,000
24,218,000
28,488,000
26,817,000
4,661,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Tangible Assets
511,960,000
309,393,000
225,028,000
217,654,000
191,242,000
170,059,000
160,964,000
158,339,000
125,745,000
78,578,000
54,604,000
Intangible Assets
3,969,000
2,593,000
109,000
200,000
441,000
313,000
-1,790,000
-3,227,000
-10,508,000
-16,303,000
-22,417,000
Investments & Other
16,919,000
29,400,000
24,135,000
24,135,000
24,135,000
24,135,000
5,561,000
6,841,000
1,041,000
Debtors (Due After 1 year)
462,000
Total Fixed Assets
533,310,000
341,386,000
249,272,000
241,989,000
215,818,000
194,507,000
164,735,000
161,953,000
116,278,000
62,275,000
32,187,000
Stock & work in progress
3,084,000
290,000
14,000
242,000
663,000
366,000
579,000
406,000
886,000
819,000
89,000
Trade Debtors
46,729,000
29,206,000
21,084,000
18,745,000
17,794,000
15,473,000
15,046,000
14,910,000
12,507,000
9,075,000
8,544,000
Group Debtors
2,355,000
5,704,000
1,934,000
Misc Debtors
6,967,000
2,568,000
5,966,000
2,802,000
2,410,000
1,112,000
5,541,000
7,492,000
5,954,000
1,520,000
1,948,000
Cash
2,212,000
172,000
486,000
7,000
531,000
949,000
783,000
1,214,000
595,000
3,574,000
misc current assets
70,000
total current assets
61,347,000
32,236,000
27,550,000
21,796,000
21,398,000
16,951,000
27,819,000
23,661,000
20,561,000
13,943,000
14,155,000
total assets
594,657,000
373,622,000
276,822,000
263,785,000
237,216,000
211,458,000
192,554,000
185,614,000
136,839,000
76,218,000
46,342,000
Bank overdraft
85,000
Bank loan
Trade Creditors
9,604,000
10,833,000
2,596,000
2,202,000
2,451,000
7,105,000
19,101,000
4,034,000
6,830,000
1,823,000
Group/Directors Accounts
81,131,000
34,653,000
33,632,000
40,553,000
4,162,000
137,046,000
6,670,000
2,523,000
other short term finances
75,000
150,000
250,000
hp & lease commitments
6,063,000
2,136,000
2,464,000
4,343,000
1,916,000
1,063,000
520,000
467,000
1,492,000
other current liabilities
33,747,000
27,076,000
17,782,000
14,070,000
13,553,000
17,008,000
11,851,000
7,770,000
6,351,000
6,380,000
5,705,000
total current liabilities
130,545,000
63,865,000
64,711,000
61,562,000
21,833,000
157,653,000
19,476,000
34,083,000
14,550,000
13,460,000
7,528,000
loans
388,235,000
219,772,000
136,833,000
126,624,000
151,903,000
142,254,000
120,939,000
94,661,000
40,220,000
24,802,000
hp & lease commitments
10,096,000
8,964,000
11,347,000
12,585,000
8,174,000
3,339,000
597,000
786,000
1,583,000
Accruals and Deferred Income
other liabilities
provisions
2,316,000
2,490,000
3,213,000
1,498,000
492,000
2,702,000
3,251,000
2,400,000
961,000
total long term liabilities
398,331,000
231,052,000
150,670,000
142,422,000
161,575,000
3,831,000
145,553,000
124,976,000
98,644,000
41,181,000
24,802,000
total liabilities
528,876,000
294,917,000
215,381,000
203,984,000
183,408,000
161,484,000
165,029,000
159,059,000
113,194,000
54,641,000
32,330,000
net assets
65,781,000
78,705,000
61,441,000
59,801,000
53,808,000
49,974,000
27,525,000
26,555,000
23,645,000
21,577,000
14,012,000
total shareholders funds
65,781,000
78,705,000
61,441,000
59,801,000
53,808,000
49,974,000
27,525,000
26,555,000
23,645,000
21,577,000
14,012,000
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
17,094,000
19,913,000
16,875,000
12,736,000
10,229,000
10,896,000
7,167,000
9,685,000
8,559,000
12,122,000
1,875,000
Depreciation
59,896,000
40,422,000
32,211,000
29,428,000
26,872,000
23,577,000
22,729,000
19,508,000
14,022,000
8,896,000
1,880,000
Amortisation
645,000
157,000
91,000
-242,000
252,000
2,226,000
-2,844,000
-4,975,000
5,907,000
5,799,000
906,000
Tax
831,000
-2,097,000
-2,814,000
-1,715,000
-926,000
-1,392,000
32,000
-851,000
-957,000
-2,049,000
-376,000
Stock
2,794,000
276,000
-228,000
-421,000
297,000
-213,000
173,000
-480,000
67,000
730,000
89,000
Debtors
24,739,000
4,724,000
5,503,000
1,343,000
3,619,000
-9,706,000
3,889,000
3,941,000
5,932,000
2,037,000
10,492,000
Creditors
9,604,000
-10,833,000
8,237,000
394,000
-249,000
-4,654,000
-11,996,000
15,067,000
-2,796,000
5,007,000
1,823,000
Accruals and Deferred Income
6,671,000
9,294,000
3,712,000
517,000
-3,455,000
5,157,000
4,081,000
1,419,000
-29,000
675,000
5,705,000
Deferred Taxes & Provisions
-2,316,000
-174,000
-723,000
1,715,000
1,006,000
-2,210,000
-549,000
851,000
1,439,000
961,000
Cash flow from operations
64,892,000
51,682,000
52,314,000
41,911,000
29,813,000
43,519,000
14,558,000
37,243,000
20,146,000
28,644,000
1,232,000
Investing Activities
capital expenditure
-264,484,000
-127,428,000
-39,585,000
-55,357,000
-48,435,000
-37,001,000
-23,947,000
-54,408,000
-72,891,000
-44,783,000
-34,973,000
Change in Investments
-12,481,000
5,265,000
18,574,000
-1,280,000
5,800,000
1,041,000
cash flow from investments
-252,003,000
-132,693,000
-39,585,000
-55,357,000
-48,435,000
-55,575,000
-22,667,000
-60,208,000
-73,932,000
-44,783,000
-34,973,000
Financing Activities
Bank loans
Group/Directors Accounts
46,478,000
1,021,000
-6,921,000
36,391,000
-132,884,000
137,046,000
-6,670,000
4,147,000
2,523,000
Other Short Term Loans
-75,000
-75,000
-100,000
250,000
Long term loans
168,463,000
82,939,000
10,209,000
-25,279,000
151,903,000
-142,254,000
21,315,000
26,278,000
54,441,000
15,418,000
24,802,000
Hire Purchase and Lease Commitments
5,059,000
-2,711,000
-3,117,000
6,838,000
5,688,000
3,285,000
-136,000
-1,822,000
3,075,000
other long term liabilities
share issue
174,000
38,289,000
17,669,000
-2,012,000
13,042,000
interest
-20,445,000
-7,826,000
-5,421,000
-5,028,000
-5,469,000
-5,340,000
-6,613,000
-6,312,000
-3,512,000
-2,457,000
-517,000
cash flow from financing
199,729,000
111,712,000
-5,250,000
12,922,000
19,238,000
10,406,000
7,821,000
22,216,000
54,415,000
13,211,000
37,327,000
cash and cash equivalents
cash
2,040,000
-314,000
479,000
-524,000
531,000
-949,000
166,000
-431,000
619,000
-2,979,000
3,574,000
overdraft
-85,000
85,000
change in cash
2,040,000
-314,000
479,000
-524,000
616,000
-1,034,000
166,000
-431,000
619,000
-2,979,000
3,574,000
tip trailer services uk 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 tip trailer services uk limited. Get real-time insights into tip trailer services uk limited's credit score, group structure and payment trends.
Tip Trailer Services Uk Limited Competitor Analysis
Perform a competitor analysis for tip trailer services uk limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in WA14 area or any other competitors across 12 key performance metrics.
tip trailer services uk limited Ownership
TIP TRAILER SERVICES UK LIMITED group structure
Tip Trailer Services Uk Limited has 3 subsidiary companies.
The sole shareholder of Tip Trailer Services Uk Limited is Global Tip Holdings Two B.V..
global tip holdings two b.v.
100%
tip trailer services uk limited directors
Tip Trailer Services Uk Limited currently has 3 directors.
The longest serving directors include
Mr Robert Fast (Oct 2013) and
Mr Michael Furnival (Jul 2015).
tip trailer services uk 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 found 20 charges/mortgages relating to tip trailer services uk limited. Currently there are 13 open charges and 7 have been satisfied in the past.
tip trailer services uk 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.
Click to start generating capital raising & share issue transactions for TIP TRAILER SERVICES UK LIMITED. This can take several minutes, an email will notify you when this has completed.
tip trailer services uk limitedCompanies House Filings - See Documents
