therstore ltd
therstore ltd Company Information
Company Number
09597752
Website
www.therstore.comRegistered Address
22 moorfield grove heaton moor, stockport, cheshire, SK4 4BQ
Industry
Retail sale of clothing in specialised stores
Telephone
441616379229
Next Accounts Due
February 2025
Group Structure
View All
Directors
Richard Matthews9 Years
Shareholders
richard james matthews 100%
therstore ltd Estimated Valuation
Pomanda estimates the enterprise value of THERSTORE LTD at £262.6k based on a Turnover of £769.4k and 0.34x industry multiple (adjusted for size and gross margin).
therstore ltd Estimated Valuation
Pomanda estimates the enterprise value of THERSTORE LTD at £67.9k based on an EBITDA of £21.8k and a 3.11x industry multiple (adjusted for size and gross margin).
therstore ltd Estimated Valuation
Pomanda estimates the enterprise value of THERSTORE LTD at £354.6k based on Net Assets of £120.5k and 2.94x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Therstore Ltd Overview
Therstore Ltd is a live company located in cheshire, SK4 4BQ with a Companies House number of 09597752. It operates in the retail sale of clothing in specialised stores sector, SIC Code 47710. Founded in May 2015, it's largest shareholder is richard james matthews with a 100% stake. Therstore Ltd is a young, small sized company, Pomanda has estimated its turnover at £769.4k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Therstore Ltd Health Check
Pomanda's financial health check has awarded Therstore Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £769.4k, make it smaller than the average company (£7.9m)
- Therstore Ltd
£7.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (4.6%)
- Therstore Ltd
4.6% - Industry AVG
Production
with a gross margin of 36.2%, this company has a higher cost of product (50.6%)
- Therstore Ltd
50.6% - Industry AVG
Profitability
an operating margin of 2.8% make it less profitable than the average company (4.6%)
- Therstore Ltd
4.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (55)
3 - Therstore Ltd
55 - Industry AVG
Pay Structure
on an average salary of £25.6k, the company has an equivalent pay structure (£25.6k)
- Therstore Ltd
£25.6k - Industry AVG
Efficiency
resulting in sales per employee of £256.5k, this is more efficient (£138.8k)
- Therstore Ltd
£138.8k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (13 days)
- Therstore Ltd
13 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (39 days)
- Therstore Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Therstore Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Therstore Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.8%, this is a lower level of debt than the average (76.5%)
45.8% - Therstore Ltd
76.5% - Industry AVG
THERSTORE LTD financials
Therstore Ltd's latest turnover from May 2023 is estimated at £769.4 thousand and the company has net assets of £120.5 thousand. According to their latest financial statements, Therstore Ltd has 3 employees 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,501 | 5,391 | 6,145 | 7,454 | 7,419 | 8,131 | 11,218 | 7,190 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,501 | 5,391 | 6,145 | 7,454 | 7,419 | 8,131 | 11,218 | 7,190 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,288 |
| Trade Debtors | 217,675 | 222,592 | 196,941 | 109,762 | 85,056 | 74,357 | 68,388 | 778 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 254 | 1,164 | 1,139 | 1,053 | 1,053 | 0 | 0 | 1,313 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 920 | 7,208 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 920 | 0 | 0 |
| total current assets | 217,929 | 223,756 | 198,080 | 110,815 | 86,109 | 75,277 | 69,308 | 37,587 |
| total assets | 222,430 | 229,147 | 204,225 | 118,269 | 93,528 | 83,408 | 80,526 | 44,777 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 72,189 | 85,376 | 75,626 | 48,368 | 41,197 | 52,612 | 55,070 | 45,360 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 72,189 | 85,376 | 75,626 | 48,368 | 41,197 | 52,612 | 55,070 | 45,360 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,420 | 1,331 | 1,355 | 1,327 | 1,424 | 1,366 | 3,683 | 0 |
| other liabilities | 28,333 | 38,333 | 48,333 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 29,753 | 39,664 | 49,688 | 1,327 | 1,424 | 1,366 | 3,683 | 0 |
| total liabilities | 101,942 | 125,040 | 125,314 | 49,695 | 42,621 | 53,978 | 58,753 | 45,360 |
| net assets | 120,488 | 104,107 | 78,911 | 68,574 | 50,907 | 29,430 | 21,773 | -583 |
| total shareholders funds | 120,488 | 104,107 | 78,911 | 68,574 | 50,907 | 29,430 | 21,773 | -583 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 2,483 | |||||||
| Amortisation | 0 | |||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -28,288 | 28,288 |
| Debtors | -5,827 | 25,676 | 87,265 | 24,706 | 11,752 | 5,969 | 66,297 | 2,091 |
| Creditors | -13,187 | 9,750 | 27,258 | 7,171 | -11,415 | -2,458 | 9,710 | 45,360 |
| Accruals and Deferred Income | 89 | -24 | 28 | -97 | 58 | -2,317 | 3,683 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -10,000 | -10,000 | 48,333 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -920 | -6,288 | 7,208 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -920 | -6,288 | 7,208 |
therstore ltd Credit Report and Business Information
Therstore Ltd Competitor Analysis
Perform a competitor analysis for therstore ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SK4 area or any other competitors across 12 key performance metrics.
therstore ltd Ownership
THERSTORE LTD group structure
Therstore Ltd has no subsidiary companies.
Ultimate parent company
THERSTORE LTD
09597752
therstore ltd directors
Therstore Ltd currently has 1 director, Mr Richard Matthews serving since May 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Matthews | England | 54 years | May 2015 | - | Director |
P&L
May 2023turnover
769.4k
+14%
operating profit
21.8k
0%
gross margin
36.2%
-1.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
120.5k
+0.16%
total assets
222.4k
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
therstore ltd company details
company number
09597752
Type
Private limited with Share Capital
industry
47710 - Retail sale of clothing in specialised stores
incorporation date
May 2015
age
9
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
22 moorfield grove heaton moor, stockport, cheshire, SK4 4BQ
last accounts submitted
May 2023
therstore 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 therstore ltd.
therstore ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
