t herring ltd
t herring ltd Company Information
Company Number
09037368
Next Accounts
Feb 2025
Industry
Development of building projects
Directors
Shareholders
trouvere edward herring
Group Structure
View All
Contact
Registered Address
19 st christophers way, pride park, derby, DE24 8JY
t herring ltd Estimated Valuation
Pomanda estimates the enterprise value of T HERRING LTD at £21.9k based on a Turnover of £58.4k and 0.38x industry multiple (adjusted for size and gross margin).
t herring ltd Estimated Valuation
Pomanda estimates the enterprise value of T HERRING LTD at £0 based on an EBITDA of £-10.9k and a 2.64x industry multiple (adjusted for size and gross margin).
t herring ltd Estimated Valuation
Pomanda estimates the enterprise value of T HERRING LTD at £11.1k based on Net Assets of £7.2k and 1.56x industry multiple (adjusted for liquidity).
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T Herring Ltd Overview
T Herring Ltd is a live company located in derby, DE24 8JY with a Companies House number of 09037368. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2014, it's largest shareholder is trouvere edward herring with a 100% stake. T Herring Ltd is a established, micro sized company, Pomanda has estimated its turnover at £58.4k with declining growth in recent years.
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T Herring Ltd Health Check
Pomanda's financial health check has awarded T Herring Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £58.4k, make it smaller than the average company (£2.1m)
- T Herring Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (2.7%)
- T Herring Ltd
2.7% - Industry AVG
Production
with a gross margin of 9.5%, this company has a higher cost of product (26.2%)
- T Herring Ltd
26.2% - Industry AVG
Profitability
an operating margin of -18.7% make it less profitable than the average company (7.5%)
- T Herring Ltd
7.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - T Herring Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- T Herring Ltd
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £58.4k, this is less efficient (£281.8k)
- T Herring Ltd
£281.8k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (30 days)
- T Herring Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 150 days, this is slower than average (30 days)
- T Herring Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- T Herring Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - T Herring Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.3%, this is a similar level of debt than the average (73.6%)
75.3% - T Herring Ltd
73.6% - Industry AVG
T HERRING LTD financials
T Herring Ltd's latest turnover from May 2023 is estimated at £58.4 thousand and the company has net assets of £7.2 thousand. According to their latest financial statements, T Herring Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 27,860 | 36,370 | 9,650 | 11,616 | 20,156 | 44,052 | 54,272 | 9,815 | 7,451 |
| 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 | 27,860 | 36,370 | 9,650 | 11,616 | 20,156 | 44,052 | 54,272 | 9,815 | 7,451 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 265 | 265 | 295 | 275 | 250 |
| Trade Debtors | 1,090 | 9,564 | 3,203 | 30,149 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 6,067 | 4,895 | 105 | 0 |
| Cash | 0 | 0 | 0 | 0 | 35,734 | 15,114 | 6,180 | 30,625 | 11,849 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,090 | 9,564 | 3,203 | 30,149 | 35,999 | 21,446 | 11,370 | 31,005 | 12,099 |
| total assets | 28,950 | 45,934 | 12,853 | 41,765 | 56,155 | 65,498 | 65,642 | 40,820 | 19,550 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 21,792 | 27,830 | 12,126 | 11,488 | 1,254 | 0 | 0 | 0 | 12,140 |
| 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 | 39,284 | 49,971 | 46,456 | 37,292 | 0 |
| total current liabilities | 21,792 | 27,830 | 12,126 | 11,488 | 40,538 | 49,971 | 46,456 | 37,292 | 12,140 |
| 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 | 0 | 0 | 0 | 0 | 3,995 | 11,984 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 3,830 | 8,400 | 7,000 | 2,000 | 1,500 |
| total long term liabilities | 0 | 0 | 0 | 0 | 3,830 | 12,395 | 18,984 | 2,000 | 1,500 |
| total liabilities | 21,792 | 27,830 | 12,126 | 11,488 | 44,368 | 62,366 | 65,440 | 39,292 | 13,640 |
| net assets | 7,158 | 18,104 | 727 | 30,277 | 11,787 | 3,132 | 202 | 1,528 | 5,910 |
| total shareholders funds | 7,158 | 18,104 | 727 | 30,277 | 11,787 | 3,132 | 202 | 1,528 | 5,910 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 7,466 | 13,591 | 7,784 | 3,097 | 1,961 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | -265 | 0 | -30 | 20 | 25 | 250 |
| Debtors | -8,474 | 6,361 | -26,946 | 30,149 | -6,067 | 1,172 | 4,790 | 105 | 0 |
| Creditors | -6,038 | 15,704 | 638 | 10,234 | 1,254 | 0 | 0 | -12,140 | 12,140 |
| Accruals and Deferred Income | 0 | 0 | 0 | -39,284 | -10,687 | 3,515 | 9,164 | 37,292 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -3,830 | -4,570 | 1,400 | 5,000 | 500 | 1,500 |
| 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 | 0 | 0 | 0 | -3,995 | -7,989 | 11,984 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | -35,734 | 20,620 | 8,934 | -24,445 | 18,776 | 11,849 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -35,734 | 20,620 | 8,934 | -24,445 | 18,776 | 11,849 |
t herring ltd Credit Report and Business Information
T Herring Ltd Competitor Analysis
Perform a competitor analysis for t herring ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in DE24 area or any other competitors across 12 key performance metrics.
t herring ltd Ownership
T HERRING LTD group structure
T Herring Ltd has no subsidiary companies.
Ultimate parent company
T HERRING LTD
09037368
t herring ltd directors
T Herring Ltd currently has 1 director, Mr Trouvere Herring serving since May 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Trouvere Herring | England | 40 years | May 2014 | - | Director |
P&L
May 2023turnover
58.4k
-30%
operating profit
-10.9k
0%
gross margin
9.6%
-3.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
7.2k
-0.6%
total assets
29k
-0.37%
cash
0
0%
net assets
Total assets minus all liabilities
t herring ltd company details
company number
09037368
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
May 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
pinewood property maintenance ltd (November 2014)
pinewood tree services and landscaping ltd (August 2014)
accountant
-
auditor
-
address
19 st christophers way, pride park, derby, DE24 8JY
Bank
-
Legal Advisor
-
t herring 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 t herring ltd.
t herring 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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t herring ltd Companies House Filings - See Documents
| date | description | view/download |
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