turtle london limited
turtle london limited Company Information
Company Number
08987413
Website
www.purpleturtlediving.comRegistered Address
b3 kingfisher house team valley, gateshead, tyne & wear, NE11 0JQ
Industry
Other business support service activities n.e.c.
Telephone
447792723938
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
alessandro nicolodi 50%
claudia cardarelli 50%
turtle london limited Estimated Valuation
Pomanda estimates the enterprise value of TURTLE LONDON LIMITED at £95.3k based on a Turnover of £236.9k and 0.4x industry multiple (adjusted for size and gross margin).
turtle london limited Estimated Valuation
Pomanda estimates the enterprise value of TURTLE LONDON LIMITED at £145.1k based on an EBITDA of £47.2k and a 3.08x industry multiple (adjusted for size and gross margin).
turtle london limited Estimated Valuation
Pomanda estimates the enterprise value of TURTLE LONDON LIMITED at £167.1k based on Net Assets of £65.2k and 2.57x industry multiple (adjusted for liquidity).
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Turtle London Limited Overview
Turtle London Limited is a live company located in tyne & wear, NE11 0JQ with a Companies House number of 08987413. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2014, it's largest shareholder is alessandro nicolodi with a 50% stake. Turtle London Limited is a established, micro sized company, Pomanda has estimated its turnover at £236.9k with declining growth in recent years.
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Turtle London Limited Health Check
Pomanda's financial health check has awarded Turtle London Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £236.9k, make it smaller than the average company (£4.3m)
- Turtle London Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (6.2%)
- Turtle London Limited
6.2% - Industry AVG
Production
with a gross margin of 16.8%, this company has a higher cost of product (37.7%)
- Turtle London Limited
37.7% - Industry AVG
Profitability
an operating margin of 19.9% make it more profitable than the average company (5.7%)
- Turtle London Limited
5.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (25)
4 - Turtle London Limited
25 - Industry AVG
Pay Structure
on an average salary of £51.7k, the company has an equivalent pay structure (£51.7k)
- Turtle London Limited
£51.7k - Industry AVG
Efficiency
resulting in sales per employee of £59.2k, this is less efficient (£164.9k)
- Turtle London Limited
£164.9k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (40 days)
- Turtle London Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (31 days)
- Turtle London Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Turtle London Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Turtle London Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.7%, this is a lower level of debt than the average (61.6%)
13.7% - Turtle London Limited
61.6% - Industry AVG
TURTLE LONDON LIMITED financials
Turtle London Limited's latest turnover from December 2023 is estimated at £236.9 thousand and the company has net assets of £65.2 thousand. According to their latest financial statements, Turtle London Limited has 4 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 529,915 | 539,025 | 383,732 | 102,048 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 336,142 | 276,732 | 267,312 | 17,709 | ||||||
| Gross Profit | 193,773 | 262,292 | 116,420 | 84,339 | ||||||
| Admin Expenses | 86,983 | 68,760 | 32,868 | 5,245 | ||||||
| Operating Profit | 106,790 | 193,532 | 83,552 | 79,094 | ||||||
| Interest Payable | 348 | 918 | 0 | 0 | ||||||
| Interest Receivable | 2,938 | 0 | 767 | 0 | ||||||
| Pre-Tax Profit | 109,381 | 192,614 | 84,319 | 79,669 | ||||||
| Tax | -20,651 | -38,367 | -17,230 | -16,136 | ||||||
| Profit After Tax | 88,731 | 154,247 | 67,089 | 63,533 | ||||||
| Dividends Paid | 61,474 | 67,900 | 19,018 | 6,845 | ||||||
| Retained Profit | 27,257 | 86,347 | 48,072 | 56,689 | ||||||
| Employee Costs | ||||||||||
| Number Of Employees | 4 | 4 | 2 | 3 | 3 | |||||
| EBITDA* | 108,238 | 194,119 | 83,552 | 79,094 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,327 | 353 | 904 | 0 | 875 | 2,331 | 3,779 | 1,759 | 0 | 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 | 1,327 | 354 | 904 | 0 | 876 | 2,332 | 3,779 | 1,759 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 74,187 | 43,429 | 89,534 | 101,212 | 55,930 | 111,930 | 98,793 | 167,652 | 90,096 | 33,588 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 218 | 505 | 44 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 97,680 | 76,641 | 171,488 | 81,578 | 150,412 | 42,831 |
| misc current assets | 0 | 0 | 0 | 850 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 74,187 | 43,429 | 89,534 | 102,063 | 153,827 | 189,077 | 270,325 | 249,230 | 240,508 | 76,419 |
| total assets | 75,514 | 43,783 | 90,438 | 102,063 | 154,703 | 191,408 | 274,105 | 250,989 | 240,508 | 76,419 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,477 | 7,722 | 6,262 | 0 | 0 | 0 | 0 | 2,452 | 2,399 | 2,405 |
| Group/Directors Accounts | 0 | 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 | 0 | 0 | 0 | 0 | 11,979 | 12,085 | 60,711 | 55,140 | 133,369 | 17,217 |
| total current liabilities | 5,477 | 7,722 | 6,262 | 0 | 11,980 | 12,086 | 60,711 | 57,593 | 135,768 | 19,622 |
| loans | 0 | 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 | 4,883 | 6,277 | 3,486 | 1,665 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,883 | 6,278 | 3,487 | 1,665 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 10,360 | 13,999 | 9,749 | 1,665 | 11,980 | 12,086 | 60,711 | 57,593 | 135,768 | 19,622 |
| net assets | 65,154 | 29,783 | 80,689 | 100,397 | 142,723 | 179,323 | 213,394 | 193,396 | 104,739 | 56,797 |
| total shareholders funds | 65,154 | 29,783 | 80,689 | 100,397 | 142,723 | 179,323 | 213,394 | 193,396 | 104,739 | 56,797 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 106,790 | 193,532 | 83,552 | 79,094 | ||||||
| Depreciation | 1,435 | 1,448 | 1,448 | 586 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | -20,651 | -38,367 | -17,230 | -16,136 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 30,759 | -46,105 | -11,679 | 45,065 | -56,288 | 13,599 | -68,815 | 77,556 | 56,507 | 33,588 |
| Creditors | -2,245 | 1,460 | 6,262 | 0 | 0 | 0 | -2,452 | 53 | -5 | 2,405 |
| Accruals and Deferred Income | -1,394 | 2,791 | 1,821 | -10,314 | -106 | -48,626 | 5,571 | -78,229 | 116,152 | 17,217 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 159,521 | 19 | 125,962 | 48,992 | ||||||
| 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 | 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 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 2,590 | -918 | 767 | 0 | ||||||
| cash flow from financing | -4,669 | 1,392 | 637 | 108 | ||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | -97,680 | 21,039 | -94,848 | 89,911 | -68,834 | 107,581 | 42,831 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -97,680 | 21,039 | -94,848 | 89,911 | -68,834 | 107,581 | 42,831 |
turtle london limited Credit Report and Business Information
Turtle London Limited Competitor Analysis
Perform a competitor analysis for turtle london limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in NE11 area or any other competitors across 12 key performance metrics.
turtle london limited Ownership
TURTLE LONDON LIMITED group structure
Turtle London Limited has no subsidiary companies.
Ultimate parent company
TURTLE LONDON LIMITED
08987413
turtle london limited directors
Turtle London Limited currently has 2 directors. The longest serving directors include Mr Alessandro Nicolodi (Apr 2014) and Mrs Claudia Cardarelli (Apr 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alessandro Nicolodi | England | 63 years | Apr 2014 | - | Director |
| Mrs Claudia Cardarelli | England | 60 years | Apr 2014 | - | Director |
P&L
December 2023turnover
236.9k
+38%
operating profit
47.2k
0%
gross margin
16.9%
-3.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
65.2k
+1.19%
total assets
75.5k
+0.72%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
turtle london limited company details
company number
08987413
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
b3 kingfisher house team valley, gateshead, tyne & wear, NE11 0JQ
Bank
-
Legal Advisor
-
turtle london 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 turtle london limited.
turtle london limited Companies House Filings - See Documents
| date | description | view/download |
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