Pomanda estimates the enterprise value of THIRSTEE LIMITED at £71.9k based on a Turnover of £130.6k and 0.55x industry multiple (adjusted for size and gross margin).
thirstee limitedEstimated Valuation
£228.6k
Pomanda estimates the enterprise value of THIRSTEE LIMITED at £228.6k based on an EBITDA of £56.7k and a 4.03x industry multiple (adjusted for size and gross margin).
thirstee limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of THIRSTEE LIMITED at £0 based on Net Assets of £-47.1k and 2.13x industry multiple (adjusted for liquidity).
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Thirstee LimitedOverview
Thirstee Limited is a live company located in rickmansworth, WD3 1ER with a Companies House number of 09006586. 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
russell kitching
with a 100% stake. Thirstee Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£130.6k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Thirstee Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £130.6k, make it smaller than the average company (£4m)
£130.6k - Thirstee Limited
£4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Thirstee Limited
- - Industry AVG
Production
with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)
38.4% - Thirstee Limited
38.4% - Industry AVG
Profitability
an operating margin of 37.1% make it more profitable than the average company (5.6%)
37.1% - Thirstee Limited
5.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (24)
2 - Thirstee Limited
24 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
£49.8k - Thirstee Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £65.3k, this is less efficient (£153.8k)
£65.3k - Thirstee Limited
£153.8k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (39 days)
8 days - Thirstee Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (33 days)
57 days - Thirstee Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Thirstee Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Thirstee Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.3%, this is a higher level of debt than the average (60.4%)
104.3% - Thirstee Limited
60.4% - Industry AVG
THIRSTEE LIMITED financials
EXPORT
Thirstee Limited's latest turnover from January 2024 is estimated at £130.6 thousand and the company has net assets of -£47.1 thousand. According to their latest financial statements, Thirstee Limited has 2 employees and maintains cash reserves of £783 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Turnover
130,562
198,799
150,334
1,105,134
1,444,999
351,241
57,335
78,233
Other Income Or Grants
Cost Of Sales
80,453
121,808
112,634
691,542
904,428
217,009
35,595
49,542
Gross Profit
50,109
76,991
37,700
413,591
540,571
134,232
21,740
28,691
Admin Expenses
1,681
9,828
39,108
11,927
420,311
542,324
135,322
23,050
27,747
Operating Profit
48,428
67,163
-1,408
-11,927
-6,720
-1,753
-1,090
-1,310
944
Interest Payable
74,096
44,776
14,963
4,690
Interest Receivable
355
478
1,680
938
4
19
32
Pre-Tax Profit
-25,313
22,865
-16,371
-16,617
-5,040
-815
-1,086
-1,291
976
Tax
-4,344
-195
Profit After Tax
-25,313
18,521
-16,371
-16,617
-5,040
-815
-1,086
-1,291
781
Dividends Paid
Retained Profit
-25,313
18,521
-16,371
-16,617
-5,040
-815
-1,086
-1,291
781
Employee Costs
99,698
94,824
90,147
42,667
373,718
39,282
37,958
38,049
37,883
Number Of Employees
2
2
2
1
9
1
1
1
1
EBITDA*
56,744
75,479
-1,408
-11,927
-6,720
-1,753
-1,090
-1,310
944
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Tangible Assets
1,022,829
1,031,145
1,039,461
876,860
470,350
353,800
Intangible Assets
Investments & Other
1,039,461
Debtors (Due After 1 year)
Total Fixed Assets
1,022,829
1,031,145
1,039,461
1,039,461
876,860
470,350
353,800
Stock & work in progress
Trade Debtors
2,871
8,806
6,786
87,512
1,325
Group Debtors
Misc Debtors
73,612
115,159
70,411
75,585
Cash
783
12,730
14,568
39,960
198,859
249,234
827
2,495
12,718
misc current assets
1,932
total current assets
77,266
127,889
84,979
115,545
207,665
256,020
88,339
5,752
12,718
total assets
1,100,095
1,159,034
1,124,440
1,155,006
1,084,525
726,370
442,139
5,752
12,718
Bank overdraft
Bank loan
21,420
20,500
24,000
14,000
Trade Creditors
12,711
13,716
12,651
19,628
384,324
726,281
11,593
6,162
11,837
Group/Directors Accounts
472,752
430,752
other short term finances
hp & lease commitments
other current liabilities
487,008
497,385
879,234
868,726
total current liabilities
521,139
531,601
915,885
902,354
857,076
726,281
442,345
6,162
11,837
loans
626,086
649,250
248,893
276,620
hp & lease commitments
Accruals and Deferred Income
6,600
2,400
1,290
other liabilities
228,200
provisions
total long term liabilities
626,086
649,250
248,893
276,620
234,800
2,400
1,290
total liabilities
1,147,225
1,180,851
1,164,778
1,178,974
1,091,876
728,681
443,635
6,162
11,837
net assets
-47,130
-21,817
-40,338
-23,968
-7,351
-2,311
-1,496
-410
881
total shareholders funds
-47,130
-21,817
-40,338
-23,968
-7,351
-2,311
-1,496
-410
881
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Operating Activities
Operating Profit
48,428
67,163
-1,408
-11,927
-6,720
-1,753
-1,090
-1,310
944
Depreciation
8,316
8,316
Amortisation
Tax
-4,344
-195
Stock
Debtors
-38,676
44,748
-5,174
75,585
2,020
-80,726
86,187
1,325
Creditors
-1,005
1,065
-6,977
19,628
-341,957
714,688
5,431
-5,675
11,837
Accruals and Deferred Income
-10,377
-381,849
10,508
868,726
4,200
1,110
1,290
Deferred Taxes & Provisions
Cash flow from operations
84,038
-354,397
7,297
800,842
-346,497
794,771
-80,556
-8,310
12,586
Investing Activities
capital expenditure
-1,039,461
1,039,461
-1,039,461
-406,510
-116,550
-353,800
Change in Investments
-1,039,461
1,039,461
cash flow from investments
-1,039,461
-406,510
-116,550
-353,800
Financing Activities
Bank loans
920
-3,500
10,000
14,000
Group/Directors Accounts
472,752
-430,752
430,752
Other Short Term Loans
Long term loans
-23,164
400,357
-27,727
276,620
Hire Purchase and Lease Commitments
other long term liabilities
228,200
share issue
1
-7,351
100
interest
-73,741
-44,298
-14,963
-4,690
1,680
938
4
19
32
cash flow from financing
-95,985
352,559
-32,689
278,579
702,632
-429,814
430,756
19
132
cash and cash equivalents
cash
-11,947
-1,838
-25,392
39,960
-50,375
248,407
-1,668
-10,223
12,718
overdraft
change in cash
-11,947
-1,838
-25,392
39,960
-50,375
248,407
-1,668
-10,223
12,718
thirstee 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 thirstee limited. Get real-time insights into thirstee limited's credit score, group structure and payment trends.
Perform a competitor analysis for thirstee limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WD3 area or any other competitors across 12 key performance metrics.
thirstee limited Ownership
THIRSTEE LIMITED group structure
Thirstee Limited has no subsidiary companies.
Ultimate parent company
THIRSTEE LIMITED
09006586
THIRSTEE LIMITED Shareholders
The sole shareholder of Thirstee Limited is Russell Kitching.
russell kitching
100%
thirstee limited directors
Thirstee Limited currently has 1 director, Mr Russell Kitching serving since Apr 2014.
82990 - Other business support service activities n.e.c.
incorporation date
April 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
dispense invest limited (October 2014)
thirstee business (south) limited (June 2014)
accountant
-
auditor
-
address
the hour house 32 high street, rickmansworth, WD3 1ER
Bank
-
Legal Advisor
-
thirstee 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 2 charges/mortgages relating to thirstee limited. Currently there are 2 open charges and 0 have been satisfied in the past.
thirstee 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 THIRSTEE LIMITED. This can take several minutes, an email will notify you when this has completed.
thirstee limitedCompanies House Filings - See Documents
