touch developments limited
touch developments limited Company Information
Company Number
08742928
Next Accounts
Dec 2024
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
graeme milne
Group Structure
View All
Contact
Registered Address
166b alcester road, birmingham, B13 8HS
Website
touchdevelopments.co.uktouch developments limited Estimated Valuation
Pomanda estimates the enterprise value of TOUCH DEVELOPMENTS LIMITED at £5.9m based on a Turnover of £2.3m and 2.61x industry multiple (adjusted for size and gross margin).
touch developments limited Estimated Valuation
Pomanda estimates the enterprise value of TOUCH DEVELOPMENTS LIMITED at £2.2m based on an EBITDA of £404.3k and a 5.38x industry multiple (adjusted for size and gross margin).
touch developments limited Estimated Valuation
Pomanda estimates the enterprise value of TOUCH DEVELOPMENTS LIMITED at £568.8k based on Net Assets of £327.5k and 1.74x industry multiple (adjusted for liquidity).
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Touch Developments Limited Overview
Touch Developments Limited is a live company located in birmingham, B13 8HS with a Companies House number of 08742928. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2013, it's largest shareholder is graeme milne with a 100% stake. Touch Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £2.3m with healthy growth in recent years.
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Touch Developments Limited Health Check
Pomanda's financial health check has awarded Touch Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £2.3m, make it larger than the average company (£800.3k)
- Touch Developments Limited
£800.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (1.9%)
- Touch Developments Limited
1.9% - Industry AVG
Production
with a gross margin of 32.5%, this company has a higher cost of product (74.3%)
- Touch Developments Limited
74.3% - Industry AVG
Profitability
an operating margin of 18% make it less profitable than the average company (37.1%)
- Touch Developments Limited
37.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Touch Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Touch Developments Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £2.3m, this is more efficient (£167k)
- Touch Developments Limited
£167k - Industry AVG
Debtor Days
it gets paid by customers after 134 days, this is later than average (31 days)
- Touch Developments Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 124 days, this is slower than average (37 days)
- Touch Developments Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Touch Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Touch Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.4%, this is a similar level of debt than the average (63.1%)
61.4% - Touch Developments Limited
63.1% - Industry AVG
TOUCH DEVELOPMENTS LIMITED financials
Touch Developments Limited's latest turnover from March 2023 is estimated at £2.3 million and the company has net assets of £327.5 thousand. According to their latest financial statements, Touch Developments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 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 | 2 | 3 | 3 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,331 | 7,142 | 6,258 | 2,244 | 1,453 | 1,272 | 739 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,331 | 7,142 | 6,258 | 2,244 | 1,453 | 1,272 | 739 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 830,495 | 337,525 | 574,762 | 490,933 | 503,109 | 206,147 | 17,230 | 125,125 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 122,769 | 1,175 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 830,495 | 337,525 | 574,762 | 490,933 | 503,109 | 206,147 | 139,999 | 126,300 | 0 |
| total assets | 847,826 | 344,667 | 581,020 | 493,177 | 504,562 | 207,419 | 140,738 | 126,300 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 520,347 | 308,133 | 336,030 | 377,958 | 504,416 | 215,987 | 140,516 | 114,817 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 520,347 | 308,133 | 336,030 | 377,958 | 504,416 | 215,987 | 140,516 | 114,817 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 36,227 | 289,190 | 147,500 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 36,227 | 289,190 | 147,500 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 520,347 | 344,360 | 625,220 | 525,458 | 504,416 | 215,987 | 140,516 | 114,817 | 0 |
| net assets | 327,479 | 307 | -44,200 | -32,281 | 146 | -8,568 | 222 | 11,483 | 0 |
| total shareholders funds | 327,479 | 307 | -44,200 | -32,281 | 146 | -8,568 | 222 | 11,483 | 0 |
| Mar 2023 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 246 | 0 | |||||||
| Amortisation | 0 | 0 | |||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 830,495 | -237,237 | 83,829 | -12,176 | 296,962 | 188,917 | -107,895 | 125,125 | 0 |
| Creditors | 520,347 | -27,897 | -41,928 | -126,458 | 288,429 | 75,471 | 25,699 | 114,817 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -252,963 | 141,690 | 147,500 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -122,769 | 121,594 | 1,175 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -122,769 | 121,594 | 1,175 | 0 |
touch developments limited Credit Report and Business Information
Touch Developments Limited Competitor Analysis
Perform a competitor analysis for touch developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in B13 area or any other competitors across 12 key performance metrics.
touch developments limited Ownership
TOUCH DEVELOPMENTS LIMITED group structure
Touch Developments Limited has 6 subsidiary companies.
Ultimate parent company
TOUCH DEVELOPMENTS LIMITED
08742928
6 subsidiaries
touch developments limited directors
Touch Developments Limited currently has 1 director, Mr Graeme Milne serving since Oct 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graeme Milne | 57 years | Oct 2013 | - | Director |
P&L
March 2023turnover
2.3m
0%
operating profit
404.3k
0%
gross margin
32.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
327.5k
0%
total assets
847.8k
0%
cash
0
0%
net assets
Total assets minus all liabilities
touch developments limited company details
company number
08742928
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.
incorporation date
October 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
166b alcester road, birmingham, B13 8HS
Bank
-
Legal Advisor
-
touch developments 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 touch developments limited.
touch developments 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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touch developments limited Companies House Filings - See Documents
| date | description | view/download |
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