ths inspection services ltd
ths inspection services ltd Company Information
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
dissington hall dalton, ponteland, newcastle upon tyne, NE18 0AD
Website
ths.ltdths inspection services ltd Estimated Valuation
Pomanda estimates the enterprise value of THS INSPECTION SERVICES LTD at £162.1k based on a Turnover of £345.2k and 0.47x industry multiple (adjusted for size and gross margin).
ths inspection services ltd Estimated Valuation
Pomanda estimates the enterprise value of THS INSPECTION SERVICES LTD at £53.3k based on an EBITDA of £15.8k and a 3.37x industry multiple (adjusted for size and gross margin).
ths inspection services ltd Estimated Valuation
Pomanda estimates the enterprise value of THS INSPECTION SERVICES LTD at £362.7k based on Net Assets of £158.1k and 2.3x industry multiple (adjusted for liquidity).
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Ths Inspection Services Ltd Overview
Ths Inspection Services Ltd is a live company located in newcastle upon tyne, NE18 0AD with a Companies House number of 08921845. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in March 2014, it's largest shareholder is adrian richard hull with a 100% stake. Ths Inspection Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £345.2k with declining growth in recent years.
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Ths Inspection Services Ltd Health Check
Pomanda's financial health check has awarded Ths Inspection Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £345.2k, make it smaller than the average company (£2m)
- Ths Inspection Services Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (9.8%)
- Ths Inspection Services Ltd
9.8% - Industry AVG
Production
with a gross margin of 24.7%, this company has a higher cost of product (46.5%)
- Ths Inspection Services Ltd
46.5% - Industry AVG
Profitability
an operating margin of 4.6% make it as profitable than the average company (5.5%)
- Ths Inspection Services Ltd
5.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (18)
- Ths Inspection Services Ltd
18 - Industry AVG
Pay Structure
on an average salary of £51k, the company has an equivalent pay structure (£51k)
- Ths Inspection Services Ltd
£51k - Industry AVG
Efficiency
resulting in sales per employee of £172.6k, this is more efficient (£119.1k)
- Ths Inspection Services Ltd
£119.1k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (53 days)
- Ths Inspection Services Ltd
53 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ths Inspection Services Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ths Inspection Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ths Inspection Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.8%, this is a lower level of debt than the average (52.7%)
0.8% - Ths Inspection Services Ltd
52.7% - Industry AVG
THS INSPECTION SERVICES LTD financials
Ths Inspection Services Ltd's latest turnover from May 2024 is estimated at £345.2 thousand and the company has net assets of £158.1 thousand. According to their latest financial statements, we estimate that Ths Inspection Services Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 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 | 4 | 8 | 8 | 5 | 6 | 5 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 959 | 1,216 | 1,596 | 2,190 | 2,577 | 3,184 | 3,974 | 3,785 | 2,412 | 2,335 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 959 | 1,216 | 1,596 | 2,190 | 2,577 | 3,184 | 3,974 | 3,785 | 2,412 | 2,335 |
| Stock & work in progress | 32,042 | 58,349 | 1,800 | 1,800 | ||||||
| Trade Debtors | 90,997 | 133,306 | 187,362 | 240,686 | 165,349 | 26,702 | 47,658 | 62,005 | 57,554 | 45,861 |
| Group Debtors | ||||||||||
| Misc Debtors | 490 | 490 | 490 | 490 | 700 | 700 | 700 | 700 | 1,440 | |
| Cash | 80,962 | 16,462 | 21,533 | 29,405 | 32,916 | |||||
| misc current assets | 66,893 | 63,021 | 14,390 | |||||||
| total current assets | 158,380 | 196,817 | 202,242 | 241,176 | 166,049 | 140,406 | 123,169 | 86,038 | 90,199 | 78,777 |
| total assets | 159,339 | 198,033 | 203,838 | 243,366 | 168,626 | 143,590 | 127,143 | 89,823 | 92,611 | 81,112 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 72,119 | 96,616 | 30,740 | 16,932 | 8,236 | 53,273 | 105,491 | |||
| Group/Directors Accounts | 33,508 | |||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 41,390 | 101,474 | 80,737 | 62,549 | ||||||
| total current liabilities | 72,119 | 96,616 | 105,638 | 118,406 | 88,973 | 115,822 | 105,491 | |||
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | 1,282 | 1,832 | 1,282 | 10,377 | 27,901 | |||||
| other liabilities | 50,000 | 50,000 | 50,000 | |||||||
| provisions | ||||||||||
| total long term liabilities | 1,282 | 51,832 | 51,282 | 60,377 | 27,901 | |||||
| total liabilities | 1,282 | 51,832 | 51,282 | 132,496 | 124,517 | 105,638 | 118,406 | 88,973 | 115,822 | 105,491 |
| net assets | 158,057 | 146,201 | 152,556 | 110,870 | 44,109 | 37,952 | 8,737 | 850 | -23,211 | -24,379 |
| total shareholders funds | 158,057 | 146,201 | 152,556 | 110,870 | 44,109 | 37,952 | 8,737 | 850 | -23,211 | -24,379 |
| May 2024 | May 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 607 | 790 | 1,188 | 1,187 | 1,150 | |||||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | -32,042 | -26,307 | 56,549 | 1,800 | ||||||
| Debtors | -42,309 | -54,056 | -53,324 | 75,127 | 138,647 | -20,956 | -14,347 | 3,711 | 13,133 | 45,861 |
| Creditors | -72,119 | -24,497 | 65,876 | 13,808 | 8,696 | -45,037 | -52,218 | 105,491 | ||
| Accruals and Deferred Income | -550 | 550 | -9,095 | -17,524 | -13,489 | -60,084 | 20,737 | 18,188 | 62,549 | |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -33,508 | 33,508 | ||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | -50,000 | 50,000 | ||||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -80,962 | 64,500 | -5,071 | -7,872 | -3,511 | 32,916 | ||||
| overdraft | ||||||||||
| change in cash | -80,962 | 64,500 | -5,071 | -7,872 | -3,511 | 32,916 |
ths inspection services ltd Credit Report and Business Information
Ths Inspection Services Ltd Competitor Analysis
Perform a competitor analysis for ths inspection services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NE18 area or any other competitors across 12 key performance metrics.
ths inspection services ltd Ownership
THS INSPECTION SERVICES LTD group structure
Ths Inspection Services Ltd has no subsidiary companies.
Ultimate parent company
THS INSPECTION SERVICES LTD
08921845
ths inspection services ltd directors
Ths Inspection Services Ltd currently has 1 director, Mr Adrian Hull serving since Mar 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Hull | United Kingdom | 49 years | Mar 2014 | - | Director |
P&L
May 2024turnover
345.2k
-14%
operating profit
15.8k
0%
gross margin
24.8%
+1.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
158.1k
+0.08%
total assets
159.3k
-0.2%
cash
0
0%
net assets
Total assets minus all liabilities
ths inspection services ltd company details
company number
08921845
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
March 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
ROBINSON WARD ACCOUNTANTS
auditor
-
address
dissington hall dalton, ponteland, newcastle upon tyne, NE18 0AD
Bank
-
Legal Advisor
-
ths inspection services 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 ths inspection services ltd.
ths inspection services 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.
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ths inspection services ltd Companies House Filings - See Documents
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