tri-core developments ltd
tri-core developments ltd Company Information
Company Number
09158778
Next Accounts
Jun 2026
Industry
Construction of commercial buildings
Shareholders
mr thomas holliday
mr dominic david woodward
View AllGroup Structure
View All
Contact
Registered Address
586 leeds road outwood, wakefield, west yorkshire, WF1 2LT
Website
www.tri-coredevelopments.comtri-core developments ltd Estimated Valuation
Pomanda estimates the enterprise value of TRI-CORE DEVELOPMENTS LTD at £606.2k based on a Turnover of £2.3m and 0.27x industry multiple (adjusted for size and gross margin).
tri-core developments ltd Estimated Valuation
Pomanda estimates the enterprise value of TRI-CORE DEVELOPMENTS LTD at £21k based on an EBITDA of £8.5k and a 2.47x industry multiple (adjusted for size and gross margin).
tri-core developments ltd Estimated Valuation
Pomanda estimates the enterprise value of TRI-CORE DEVELOPMENTS LTD at £851.2k based on Net Assets of £573.2k and 1.49x industry multiple (adjusted for liquidity).
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Tri-core Developments Ltd Overview
Tri-core Developments Ltd is a live company located in west yorkshire, WF1 2LT with a Companies House number of 09158778. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in August 2014, it's largest shareholder is mr thomas holliday with a 50% stake. Tri-core Developments Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.3m with declining growth in recent years.
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Tri-core Developments Ltd Health Check
Pomanda's financial health check has awarded Tri-Core Developments Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£11.8m)
- Tri-core Developments Ltd
£11.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (9.9%)
- Tri-core Developments Ltd
9.9% - Industry AVG
Production
with a gross margin of 8.6%, this company has a higher cost of product (16.3%)
- Tri-core Developments Ltd
16.3% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (4.7%)
- Tri-core Developments Ltd
4.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (35)
2 - Tri-core Developments Ltd
35 - Industry AVG
Pay Structure
on an average salary of £56.9k, the company has an equivalent pay structure (£56.9k)
- Tri-core Developments Ltd
£56.9k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£341.9k)
- Tri-core Developments Ltd
£341.9k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (46 days)
- Tri-core Developments Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 149 days, this is slower than average (38 days)
- Tri-core Developments Ltd
38 days - Industry AVG
Stock Days
it holds stock equivalent to 222 days, this is more than average (13 days)
- Tri-core Developments Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (23 weeks)
2 weeks - Tri-core Developments Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.9%, this is a similar level of debt than the average (67.2%)
62.9% - Tri-core Developments Ltd
67.2% - Industry AVG
TRI-CORE DEVELOPMENTS LTD financials
Tri-Core Developments Ltd's latest turnover from September 2024 is estimated at £2.3 million and the company has net assets of £573.2 thousand. According to their latest financial statements, Tri-Core Developments Ltd has 2 employees and maintains cash reserves of £48.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 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 | 2 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 37,769 | 44,434 | 52,275 | 61,500 | 0 | 0 | 0 | 0 | 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 | 37,769 | 44,434 | 52,275 | 61,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 1,258,018 | 823,442 | 463,442 | 348,442 | 523,442 | 523,442 | 854,855 | 797,833 | 326,247 | 467,742 |
| Trade Debtors | 199,684 | 552,095 | 670,559 | 609,899 | 454,693 | 478,094 | 8,389 | 21,346 | 11,666 | 3,647 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 48,878 | 14,995 | 20,649 | 287,785 | 198,461 | 128,490 | 2,497 | 166,695 | 7,063 | 1,525 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,506,580 | 1,390,532 | 1,154,650 | 1,246,126 | 1,176,596 | 1,130,026 | 865,741 | 985,874 | 344,976 | 472,914 |
| total assets | 1,544,349 | 1,434,966 | 1,206,925 | 1,307,626 | 1,176,596 | 1,130,026 | 865,741 | 985,874 | 344,976 | 472,914 |
| 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 | 849,369 | 713,589 | 529,304 | 841,889 | 923,083 | 960,041 | 747,936 | 686,629 | 275,563 | 490,609 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 849,369 | 713,589 | 529,304 | 841,889 | 923,083 | 960,041 | 747,936 | 686,629 | 275,563 | 490,609 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 104,436 | 0 | 0 |
| other liabilities | 121,814 | 150,774 | 100,547 | 111,500 | 50,000 | 0 | 161,507 | 161,507 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 121,814 | 150,774 | 100,547 | 111,500 | 50,000 | 0 | 161,507 | 265,943 | 0 | 0 |
| total liabilities | 971,183 | 864,363 | 629,851 | 953,389 | 973,083 | 960,041 | 909,443 | 952,572 | 275,563 | 490,609 |
| net assets | 573,166 | 570,603 | 577,074 | 354,237 | 203,513 | 169,985 | -43,702 | 33,302 | 69,413 | -17,695 |
| total shareholders funds | 573,166 | 570,603 | 577,074 | 354,237 | 203,513 | 169,985 | -43,702 | 33,302 | 69,413 | -17,695 |
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 6,665 | 7,841 | 9,225 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 434,576 | 360,000 | 115,000 | -175,000 | 0 | -331,413 | 57,022 | 471,586 | -141,495 | 467,742 |
| Debtors | -352,411 | -118,464 | 60,660 | 155,206 | -23,401 | 469,705 | -12,957 | 9,680 | 8,019 | 3,647 |
| Creditors | 135,780 | 184,285 | -312,585 | -81,194 | -36,958 | 212,105 | 61,307 | 411,066 | -215,046 | 490,609 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -104,436 | 104,436 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 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 | -28,960 | 50,227 | -10,953 | 61,500 | 50,000 | -161,507 | 0 | 161,507 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 33,883 | -5,654 | -267,136 | 89,324 | 69,971 | 125,993 | -164,198 | 159,632 | 5,538 | 1,525 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 33,883 | -5,654 | -267,136 | 89,324 | 69,971 | 125,993 | -164,198 | 159,632 | 5,538 | 1,525 |
tri-core developments ltd Credit Report and Business Information
Tri-core Developments Ltd Competitor Analysis
Perform a competitor analysis for tri-core developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WF1 area or any other competitors across 12 key performance metrics.
tri-core developments ltd Ownership
TRI-CORE DEVELOPMENTS LTD group structure
Tri-Core Developments Ltd has 3 subsidiary companies.
Ultimate parent company
TRI-CORE DEVELOPMENTS LTD
09158778
3 subsidiaries
tri-core developments ltd directors
Tri-Core Developments Ltd currently has 2 directors. The longest serving directors include Mr Thomas Holliday (Aug 2014) and Mr Dominic Woodward (Aug 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Holliday | United Kingdom | 36 years | Aug 2014 | - | Director |
| Mr Dominic Woodward | England | 37 years | Aug 2014 | - | Director |
P&L
September 2024turnover
2.3m
-3%
operating profit
1.8k
0%
gross margin
8.6%
+1.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
573.2k
0%
total assets
1.5m
+0.08%
cash
48.9k
+2.26%
net assets
Total assets minus all liabilities
tri-core developments ltd company details
company number
09158778
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
incorporation date
August 2014
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2024
previous names
N/A
accountant
-
auditor
-
address
586 leeds road outwood, wakefield, west yorkshire, WF1 2LT
Bank
-
Legal Advisor
-
tri-core developments 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 found 9 charges/mortgages relating to tri-core developments ltd. Currently there are 6 open charges and 3 have been satisfied in the past.
tri-core developments 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.
Click to start generating capital raising & share issue transactions for TRI-CORE DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
tri-core developments ltd Companies House Filings - See Documents
| date | description | view/download |
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