thetford carpet warehouse limited
thetford carpet warehouse limited Company Information
Company Number
08842724
Next Accounts
Jan 2026
Shareholders
brett tilly
gemma tilly
Group Structure
View All
Industry
Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Registered Address
unit 6 faraday place, thetford, norfolk, IP24 3RG
thetford carpet warehouse limited Estimated Valuation
Pomanda estimates the enterprise value of THETFORD CARPET WAREHOUSE LIMITED at £50.9k based on a Turnover of £151.7k and 0.34x industry multiple (adjusted for size and gross margin).
thetford carpet warehouse limited Estimated Valuation
Pomanda estimates the enterprise value of THETFORD CARPET WAREHOUSE LIMITED at £88.2k based on an EBITDA of £26.9k and a 3.27x industry multiple (adjusted for size and gross margin).
thetford carpet warehouse limited Estimated Valuation
Pomanda estimates the enterprise value of THETFORD CARPET WAREHOUSE LIMITED at £250.6k based on Net Assets of £127.7k and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Thetford Carpet Warehouse Limited Overview
Thetford Carpet Warehouse Limited is a live company located in norfolk, IP24 3RG with a Companies House number of 08842724. It operates in the retail sale of carpets, rugs, wall and floor coverings in specialised stores sector, SIC Code 47530. Founded in January 2014, it's largest shareholder is brett tilly with a 50% stake. Thetford Carpet Warehouse Limited is a established, micro sized company, Pomanda has estimated its turnover at £151.7k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Thetford Carpet Warehouse Limited Health Check
Pomanda's financial health check has awarded Thetford Carpet Warehouse Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £151.7k, make it smaller than the average company (£2.2m)
- Thetford Carpet Warehouse Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (8.2%)
- Thetford Carpet Warehouse Limited
8.2% - Industry AVG
Production
with a gross margin of 43.4%, this company has a comparable cost of product (43.4%)
- Thetford Carpet Warehouse Limited
43.4% - Industry AVG
Profitability
an operating margin of 12.6% make it more profitable than the average company (4.4%)
- Thetford Carpet Warehouse Limited
4.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (37)
2 - Thetford Carpet Warehouse Limited
37 - Industry AVG
Pay Structure
on an average salary of £32.7k, the company has an equivalent pay structure (£32.7k)
- Thetford Carpet Warehouse Limited
£32.7k - Industry AVG
Efficiency
resulting in sales per employee of £75.9k, this is less efficient (£168.3k)
- Thetford Carpet Warehouse Limited
£168.3k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (21 days)
- Thetford Carpet Warehouse Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 91 days, this is slower than average (44 days)
- Thetford Carpet Warehouse Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 56 days, this is less than average (89 days)
- Thetford Carpet Warehouse Limited
89 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (21 weeks)
10 weeks - Thetford Carpet Warehouse Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.1%, this is a similar level of debt than the average (54.2%)
59.1% - Thetford Carpet Warehouse Limited
54.2% - Industry AVG
THETFORD CARPET WAREHOUSE LIMITED financials
Thetford Carpet Warehouse Limited's latest turnover from April 2024 is estimated at £151.7 thousand and the company has net assets of £127.7 thousand. According to their latest financial statements, Thetford Carpet Warehouse Limited has 2 employees and maintains cash reserves of £13 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 4 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 261,708 | 267,691 | 272,404 | 272,455 | 269,168 | 272,216 | 275,483 | 12,091 | 9,060 | 1,211 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 5,456 | 10,914 | 16,372 | 21,830 |
| 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 | 261,708 | 267,691 | 272,404 | 272,455 | 269,168 | 272,216 | 280,939 | 23,005 | 25,432 | 23,041 |
| Stock & work in progress | 13,329 | 21,070 | 21,900 | 22,551 | 20,923 | 38,194 | 27,515 | 57,577 | 57,032 | 67,532 |
| Trade Debtors | 5,984 | 7,504 | 21,998 | 5,198 | 6,783 | 5,139 | 10,248 | 21,041 | 17,507 | 27,090 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 18,479 | 10,081 | 189 | 233 | 375 | 1,332 | 13,334 | 10,879 | 10,479 | 0 |
| Cash | 12,960 | 23,630 | 31,323 | 62,079 | 23,735 | 4,079 | 0 | 135,886 | 8,412 | 757 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 50,752 | 62,285 | 75,410 | 90,061 | 51,816 | 48,744 | 51,097 | 225,383 | 93,430 | 95,379 |
| total assets | 312,460 | 329,976 | 347,814 | 362,516 | 320,984 | 320,960 | 332,036 | 248,388 | 118,862 | 118,420 |
| Bank overdraft | 13,079 | 16,393 | 13,973 | 13,554 | 11,752 | 3,562 | 20,468 | 0 | 11,669 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 21,453 | 18,462 | 17,899 | 12,398 | 4,421 | 12,189 | 15,327 | 18,951 | 16,024 | 102,957 |
| Group/Directors Accounts | 0 | 0 | 9 | 11,409 | 34,486 | 40,951 | 45,482 | 63,608 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 833 | 2,500 | 2,500 | 2,500 | 0 | 0 | 0 |
| other current liabilities | 27,204 | 23,358 | 35,163 | 28,598 | 14,496 | 20,395 | 992 | 18,380 | 86,920 | 0 |
| total current liabilities | 61,736 | 58,213 | 67,044 | 66,792 | 67,655 | 79,597 | 84,769 | 100,939 | 114,613 | 102,957 |
| loans | 93,253 | 114,737 | 131,020 | 144,220 | 139,057 | 112,276 | 114,667 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 833 | 3,333 | 5,833 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 27,500 | 32,500 | 42,500 | 105,000 | 105,000 | 111,000 | 120,000 | 120,000 | 1,679 | 0 |
| provisions | 2,232 | 1,863 | 2,504 | 3,598 | 3,271 | 4,389 | 4,801 | 2,210 | 0 | 0 |
| total long term liabilities | 122,985 | 149,100 | 176,024 | 252,818 | 248,161 | 230,998 | 245,301 | 122,210 | 1,679 | 0 |
| total liabilities | 184,721 | 207,313 | 243,068 | 319,610 | 315,816 | 310,595 | 330,070 | 223,149 | 116,292 | 102,957 |
| net assets | 127,739 | 122,663 | 104,746 | 42,906 | 5,168 | 10,365 | 1,966 | 25,239 | 2,570 | 15,463 |
| total shareholders funds | 127,739 | 122,663 | 104,746 | 42,906 | 5,168 | 10,365 | 1,966 | 25,239 | 2,570 | 15,463 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 7,774 | 9,334 | 10,269 | 2,917 | 9,011 | 9,552 | 8,668 | 2,967 | 730 | 266 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 5,456 | 5,458 | 5,458 | 5,458 | 5,458 |
| Tax | ||||||||||
| Stock | -7,741 | -830 | -651 | 1,628 | -17,271 | 10,679 | -30,062 | 545 | -10,500 | 67,532 |
| Debtors | 6,878 | -4,602 | 16,756 | -1,727 | 687 | -17,111 | -8,338 | 3,934 | 896 | 27,090 |
| Creditors | 2,991 | 563 | 5,501 | 7,977 | -7,768 | -3,138 | -3,624 | 2,927 | -86,933 | 102,957 |
| Accruals and Deferred Income | 3,846 | -11,805 | 6,565 | 14,102 | -5,899 | 19,403 | -17,388 | -68,540 | 86,920 | 0 |
| Deferred Taxes & Provisions | 369 | -641 | -1,094 | 327 | -1,118 | -412 | 2,591 | 2,210 | 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 | 0 | -9 | -11,400 | -23,077 | -6,465 | -4,531 | -18,126 | 63,608 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -21,484 | -16,283 | -13,200 | 5,163 | 26,781 | -2,391 | 114,667 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -833 | -2,500 | -2,500 | -2,500 | 8,333 | 0 | 0 | 0 |
| other long term liabilities | -5,000 | -10,000 | -62,500 | 0 | -6,000 | -9,000 | 0 | 118,321 | 1,679 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -10,670 | -7,693 | -30,756 | 38,344 | 19,656 | 4,079 | -135,886 | 127,474 | 7,655 | 757 |
| overdraft | -3,314 | 2,420 | 419 | 1,802 | 8,190 | -16,906 | 20,468 | -11,669 | 11,669 | 0 |
| change in cash | -7,356 | -10,113 | -31,175 | 36,542 | 11,466 | 20,985 | -156,354 | 139,143 | -4,014 | 757 |
thetford carpet warehouse limited Credit Report and Business Information
Thetford Carpet Warehouse Limited Competitor Analysis
Perform a competitor analysis for thetford carpet warehouse limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in IP24 area or any other competitors across 12 key performance metrics.
thetford carpet warehouse limited Ownership
THETFORD CARPET WAREHOUSE LIMITED group structure
Thetford Carpet Warehouse Limited has no subsidiary companies.
Ultimate parent company
THETFORD CARPET WAREHOUSE LIMITED
08842724
thetford carpet warehouse limited directors
Thetford Carpet Warehouse Limited currently has 2 directors. The longest serving directors include Ms Gemma Tilly (Jan 2014) and Mr Brett Tilly (Jan 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Gemma Tilly | England | 42 years | Jan 2014 | - | Director |
| Mr Brett Tilly | England | 42 years | Jan 2014 | - | Director |
P&L
April 2024turnover
151.7k
+4%
operating profit
19.2k
0%
gross margin
43.5%
+0.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
127.7k
+0.04%
total assets
312.5k
-0.05%
cash
13k
-0.45%
net assets
Total assets minus all liabilities
thetford carpet warehouse limited company details
company number
08842724
Type
Private limited with Share Capital
industry
47530 - Retail sale of carpets, rugs, wall and floor coverings in specialised stores
incorporation date
January 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
unit 6 faraday place, thetford, norfolk, IP24 3RG
Bank
-
Legal Advisor
-
thetford carpet warehouse 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 thetford carpet warehouse limited.
thetford carpet warehouse 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 THETFORD CARPET WAREHOUSE LIMITED. This can take several minutes, an email will notify you when this has completed.
thetford carpet warehouse limited Companies House Filings - See Documents
| date | description | view/download |
|---|
