Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Pomanda estimates the enterprise value of TECHNICAL ROPES LTD at £135.1k based on a Turnover of £367.3k and 0.37x industry multiple (adjusted for size and gross margin).
technical ropes ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of TECHNICAL ROPES LTD at £0 based on an EBITDA of £-6k and a 2.9x industry multiple (adjusted for size and gross margin).
technical ropes ltdEstimated Valuation
£185
Pomanda estimates the enterprise value of TECHNICAL ROPES LTD at £185 based on Net Assets of £91 and 2.04x industry multiple (adjusted for liquidity).
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Technical Ropes LtdOverview
Technical Ropes Ltd is a live company located in northampton, NN2 7AZ with a Companies House number of 09471022. It operates in the other engineering activities sector, SIC Code 71129. Founded in March 2015, it's largest shareholder is
nina walker
with a 50% stake. Technical Ropes Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£367.3k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Technical Ropes Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
2 Regular
7 Weak
Size
annual sales of £367.3k, make it smaller than the average company (£3.1m)
£367.3k - Technical Ropes Ltd
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (9.8%)
5% - Technical Ropes Ltd
9.8% - Industry AVG
Production
with a gross margin of 21.5%, this company has a higher cost of product (35.5%)
21.5% - Technical Ropes Ltd
35.5% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (6.6%)
-1.6% - Technical Ropes Ltd
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (24)
3 - Technical Ropes Ltd
24 - Industry AVG
Pay Structure
on an average salary of £53.2k, the company has an equivalent pay structure (£53.2k)
£53.2k - Technical Ropes Ltd
£53.2k - Industry AVG
Efficiency
resulting in sales per employee of £122.4k, this is equally as efficient (£127.8k)
£122.4k - Technical Ropes Ltd
£127.8k - Industry AVG
Debtor Days
it gets paid by customers after 113 days, this is later than average (69 days)
113 days - Technical Ropes Ltd
69 days - Industry AVG
Creditor Days
its suppliers are paid after 151 days, this is slower than average (27 days)
151 days - Technical Ropes Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Technical Ropes Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Technical Ropes Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (56.2%)
99.9% - Technical Ropes Ltd
56.2% - Industry AVG
TECHNICAL ROPES LTD financials
EXPORT
Technical Ropes Ltd's latest turnover from March 2024 is estimated at £367.3 thousand and the company has net assets of £91. According to their latest financial statements, Technical Ropes Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Turnover
367,253
413,100
315,278
315,145
245,891
201,440
162,259
125,373
148,568
Other Income Or Grants
Cost Of Sales
288,336
332,077
260,324
260,112
204,505
161,669
132,837
100,804
118,191
Gross Profit
78,917
81,023
54,954
55,033
41,387
39,771
29,422
24,569
30,377
Admin Expenses
84,938
89,759
37,218
66,084
28,126
59,098
36,005
-2,980
22,647
Operating Profit
-6,021
-8,736
17,736
-11,051
13,261
-19,327
-6,583
27,549
7,730
Interest Payable
363
651
239
230
240
Interest Receivable
27
14
Pre-Tax Profit
-6,021
-8,736
17,736
-11,051
12,898
-19,977
-6,795
27,333
7,490
Tax
-3,370
-2,451
-5,466
-1,498
Profit After Tax
-6,021
-8,736
14,366
-11,051
10,447
-19,977
-6,795
21,866
5,992
Dividends Paid
Retained Profit
-6,021
-8,736
14,366
-11,051
10,447
-19,977
-6,795
21,866
5,992
Employee Costs
159,672
154,168
149,166
138,944
139,121
141,738
137,363
91,143
45,752
Number Of Employees
3
3
3
3
3
3
3
2
1
EBITDA*
-6,021
-8,736
17,736
-11,051
13,261
-15,962
-2,228
33,157
12,274
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Tangible Assets
5,581
7,442
9,923
8,269
7,327
9,104
12,469
16,824
13,629
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
5,581
7,442
9,923
8,269
7,327
9,104
12,469
16,824
13,629
Stock & work in progress
3,251
2,995
2,750
2,512
Trade Debtors
114,050
134,503
103,778
92,200
71,485
67,248
54,412
42,160
47,660
Group Debtors
3,000
Misc Debtors
3,000
3,000
Cash
20
8
10,812
18
misc current assets
total current assets
114,050
134,503
103,778
92,200
71,485
73,519
60,415
58,722
50,190
total assets
119,631
141,945
113,701
100,469
78,812
82,623
72,884
75,546
63,819
Bank overdraft
11,913
7,364
7,375
Bank loan
Trade Creditors
119,540
135,833
98,853
99,987
67,279
50,553
27,104
23,050
28,368
Group/Directors Accounts
18
354
690
8,008
other short term finances
hp & lease commitments
3,692
6,893
8,603
10,109
other current liabilities
13,531
10,006
14,606
3,867
total current liabilities
119,540
135,833
98,853
99,987
67,279
79,707
51,721
46,949
57,727
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
1,730
639
total long term liabilities
1,730
639
total liabilities
119,540
135,833
98,853
99,987
67,279
81,437
51,721
47,588
57,727
net assets
91
6,112
14,848
482
11,533
1,186
21,163
27,958
6,092
total shareholders funds
91
6,112
14,848
482
11,533
1,186
21,163
27,958
6,092
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Operating Activities
Operating Profit
-6,021
-8,736
17,736
-11,051
13,261
-19,327
-6,583
27,549
7,730
Depreciation
3,365
4,355
5,608
4,544
Amortisation
Tax
-3,370
-2,451
-5,466
-1,498
Stock
-3,251
256
245
238
2,512
Debtors
-20,453
30,725
11,578
20,715
1,237
12,836
12,252
-2,500
47,660
Creditors
-16,293
36,980
-1,134
32,708
16,726
23,449
4,054
-5,318
28,368
Accruals and Deferred Income
-13,531
3,525
-4,600
10,739
3,867
Deferred Taxes & Provisions
-1,730
1,730
-639
639
Cash flow from operations
-1,861
-2,481
1,654
942
14,289
-350
-15,910
36,013
-7,161
Investing Activities
capital expenditure
1,861
2,481
-1,654
-942
1,777
-8,803
-18,173
Change in Investments
cash flow from investments
1,861
2,481
-1,654
-942
1,777
-8,803
-18,173
Financing Activities
Bank loans
Group/Directors Accounts
-18
-336
-336
-7,318
8,008
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-3,692
-3,201
-1,710
-1,506
10,109
other long term liabilities
share issue
-100
100
interest
-363
-651
-212
-216
-240
cash flow from financing
-4,173
-4,188
-2,258
-9,040
17,977
cash and cash equivalents
cash
-20
12
-10,804
10,794
18
overdraft
-11,913
4,549
7,364
-7,375
7,375
change in cash
11,893
-4,537
-18,168
18,169
-7,357
technical ropes ltd 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 technical ropes ltd. Get real-time insights into technical ropes ltd's credit score, group structure and payment trends.
Perform a competitor analysis for technical ropes ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NN2 area or any other competitors across 12 key performance metrics.
technical ropes ltd Ownership
TECHNICAL ROPES LTD group structure
Technical Ropes Ltd has no subsidiary companies.
Ultimate parent company
TECHNICAL ROPES LTD
09471022
TECHNICAL ROPES LTD Shareholders
The largest shareholders in Technical Ropes Ltd include Nina Walker and Michael Walker.
nina walker
50%
michael walker
50%
technical ropes ltd directors
Technical Ropes Ltd currently has 2 directors.
The longest serving directors include
Mr Michael Walker (Mar 2015) and
Mrs Nina Walker (Jun 2024).
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
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 technical ropes ltd.
technical ropes ltd Capital Raised & Share Issues BETA
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technical ropes ltdCompanies House Filings - See Documents
