torus62 developments limited
torus62 developments limited Company Information
Company Number
09687200
Next Accounts
Dec 2025
Shareholders
torus 62 limited
Group Structure
View All
Industry
Development of building projects
Registered Address
4 corporation street, st. helens, WA9 1LD
Website
www.torus.co.uktorus62 developments limited Estimated Valuation
Pomanda estimates the enterprise value of TORUS62 DEVELOPMENTS LIMITED at £59.1m based on a Turnover of £108.1m and 0.55x industry multiple (adjusted for size and gross margin).
torus62 developments limited Estimated Valuation
Pomanda estimates the enterprise value of TORUS62 DEVELOPMENTS LIMITED at £19.5m based on an EBITDA of £4.5m and a 4.33x industry multiple (adjusted for size and gross margin).
torus62 developments limited Estimated Valuation
Pomanda estimates the enterprise value of TORUS62 DEVELOPMENTS LIMITED at £1.6m based on Net Assets of £1.1m and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Torus62 Developments Limited Overview
Torus62 Developments Limited is a live company located in st. helens, WA9 1LD with a Companies House number of 09687200. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2015, it's largest shareholder is torus 62 limited with a 100% stake. Torus62 Developments Limited is a established, mega sized company, Pomanda has estimated its turnover at £108.1m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Torus62 Developments Limited Health Check
Pomanda's financial health check has awarded Torus62 Developments Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £108.1m, make it larger than the average company (£2.3m)
£108.1m - Torus62 Developments Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (6%)
28% - Torus62 Developments Limited
6% - Industry AVG
Production
with a gross margin of 1%, this company has a higher cost of product (26.4%)
1% - Torus62 Developments Limited
26.4% - Industry AVG
Profitability
an operating margin of 4.2% make it less profitable than the average company (7.5%)
4.2% - Torus62 Developments Limited
7.5% - Industry AVG
Employees
with 50 employees, this is above the industry average (6)
50 - Torus62 Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £57.5k, the company has an equivalent pay structure (£48.3k)
£57.5k - Torus62 Developments Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £2.2m, this is more efficient (£274.9k)
£2.2m - Torus62 Developments Limited
£274.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (27 days)
0 days - Torus62 Developments Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (31 days)
5 days - Torus62 Developments Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 84 days, this is less than average (203 days)
84 days - Torus62 Developments Limited
203 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (11 weeks)
3 weeks - Torus62 Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.2%, this is a higher level of debt than the average (73.7%)
98.2% - Torus62 Developments Limited
73.7% - Industry AVG
TORUS62 DEVELOPMENTS LIMITED financials
Torus62 Developments Limited's latest turnover from March 2024 is £108.1 million and the company has net assets of £1.1 million. According to their latest financial statements, Torus62 Developments Limited has 50 employees and maintains cash reserves of £1.9 million 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 | 108,083,000 | 77,314,000 | 73,037,000 | 51,894,000 | 59,453,000 | 33,395,000 | 22,356,000 | 10,884,000 | |
| Other Income Or Grants | 33,000 | ||||||||
| Cost Of Sales | 106,971,000 | 76,773,000 | 71,926,000 | 50,718,000 | 58,272,000 | 32,531,000 | 21,711,000 | 10,570,000 | |
| Gross Profit | 1,112,000 | 541,000 | 1,111,000 | 1,209,000 | 1,181,000 | 864,000 | 645,000 | 314,000 | |
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 713,000 | ||||||||
| Interest Receivable | 758,000 | ||||||||
| Pre-Tax Profit | 1,157,000 | 541,000 | 1,111,000 | 1,209,000 | 1,181,000 | 864,000 | 645,000 | 314,000 | |
| Tax | -186,000 | 108,000 | 19,000 | -6,000 | -60,000 | -41,000 | -60,000 | -63,000 | |
| Profit After Tax | 971,000 | 649,000 | 1,130,000 | 1,203,000 | 1,121,000 | 823,000 | 585,000 | 251,000 | |
| Dividends Paid | |||||||||
| Retained Profit | 971,000 | 649,000 | 1,130,000 | 1,203,000 | 1,121,000 | 823,000 | 585,000 | 251,000 | |
| Employee Costs | 2,875,000 | 2,661,000 | 2,602,000 | 2,204,000 | 1,858,000 | 884,000 | 143,000 | ||
| Number Of Employees | 50 | 48 | 47 | 39 | 31 | 19 | 12 | ||
| EBITDA* |
* 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 | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 7,395,000 | 11,038,000 | |||||||
| Total Fixed Assets | 7,395,000 | 11,038,000 | |||||||
| Stock & work in progress | 24,655,000 | 14,783,000 | 14,518,000 | 10,614,000 | 8,972,000 | 7,972,000 | 1,559,000 | 896,000 | |
| Trade Debtors | 68,000 | 67,000 | 588,000 | 87,000 | 274,000 | 77,000 | 188,000 | 23,000 | |
| Group Debtors | 23,482,000 | 17,573,000 | 15,525,000 | 13,165,000 | 8,270,000 | 7,929,000 | 2,101,000 | 1,915,000 | 250,000 |
| Misc Debtors | 3,514,000 | 976,000 | 53,000 | 44,000 | |||||
| Cash | 1,907,000 | 1,190,000 | 2,273,000 | 278,000 | 889,000 | 649,000 | 329,000 | 394,000 | |
| misc current assets | |||||||||
| total current assets | 53,626,000 | 34,589,000 | 32,957,000 | 24,188,000 | 18,405,000 | 16,627,000 | 4,177,000 | 3,228,000 | 250,000 |
| total assets | 61,021,000 | 45,627,000 | 32,957,000 | 24,188,000 | 18,405,000 | 16,627,000 | 4,177,000 | 3,228,000 | 250,000 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 1,476,000 | 665,000 | 1,144,000 | 1,781,000 | 1,571,000 | 279,000 | 943,000 | 1,138,000 | |
| Group/Directors Accounts | 3,501,000 | 4,588,000 | 3,851,000 | 1,513,000 | 1,833,000 | 2,641,000 | 120,000 | 1,016,000 | |
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 21,501,000 | 14,661,000 | 16,711,000 | 11,344,000 | 5,036,000 | 5,041,000 | 2,342,000 | 573,000 | |
| total current liabilities | 26,478,000 | 19,914,000 | 21,706,000 | 14,638,000 | 8,440,000 | 7,961,000 | 3,405,000 | 2,727,000 | |
| loans | 33,437,000 | 25,037,000 | 10,113,000 | 8,333,000 | 8,770,000 | 7,720,000 | |||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 33,437,000 | 25,037,000 | 10,113,000 | 8,333,000 | 8,770,000 | 7,720,000 | |||
| total liabilities | 59,915,000 | 44,951,000 | 31,819,000 | 22,971,000 | 17,210,000 | 15,681,000 | 3,405,000 | 2,727,000 | |
| net assets | 1,106,000 | 676,000 | 1,138,000 | 1,217,000 | 1,195,000 | 946,000 | 772,000 | 501,000 | 250,000 |
| total shareholders funds | 1,106,000 | 676,000 | 1,138,000 | 1,217,000 | 1,195,000 | 946,000 | 772,000 | 501,000 | 250,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | -186,000 | 108,000 | 19,000 | -6,000 | -60,000 | -41,000 | -60,000 | -63,000 | |
| Stock | 9,872,000 | 265,000 | 3,904,000 | 1,642,000 | 1,000,000 | 6,413,000 | 663,000 | 896,000 | |
| Debtors | 4,805,000 | 13,488,000 | 2,870,000 | 4,752,000 | 538,000 | 5,717,000 | 351,000 | 1,688,000 | 250,000 |
| Creditors | 811,000 | -479,000 | -637,000 | 210,000 | 1,292,000 | -664,000 | -195,000 | 1,138,000 | |
| Accruals and Deferred Income | 6,840,000 | -2,050,000 | 5,367,000 | 6,308,000 | -5,000 | 2,699,000 | 1,769,000 | 573,000 | |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | -250,000 | ||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -1,087,000 | 737,000 | 2,338,000 | -320,000 | -808,000 | 2,521,000 | -896,000 | 1,016,000 | |
| Other Short Term Loans | |||||||||
| Long term loans | 8,400,000 | 14,924,000 | 1,780,000 | -437,000 | 1,050,000 | 7,720,000 | |||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | 45,000 | ||||||||
| cash flow from financing | 6,817,000 | 14,550,000 | 2,909,000 | -1,938,000 | -630,000 | 9,592,000 | -1,210,000 | 1,016,000 | 250,000 |
| cash and cash equivalents | |||||||||
| cash | 717,000 | -1,083,000 | 1,995,000 | -611,000 | 240,000 | 320,000 | -65,000 | 394,000 | |
| overdraft | |||||||||
| change in cash | 717,000 | -1,083,000 | 1,995,000 | -611,000 | 240,000 | 320,000 | -65,000 | 394,000 |
torus62 developments limited Credit Report and Business Information
Torus62 Developments Limited Competitor Analysis
Perform a competitor analysis for torus62 developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in WA9 area or any other competitors across 12 key performance metrics.
torus62 developments limited Ownership
TORUS62 DEVELOPMENTS LIMITED group structure
Torus62 Developments Limited has no subsidiary companies.
torus62 developments limited directors
Torus62 Developments Limited currently has 6 directors. The longest serving directors include Mr Stephen Coffey (Jul 2015) and Mr Peter Fieldsend (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Coffey | England | 58 years | Jul 2015 | - | Director |
| Mr Peter Fieldsend | England | 61 years | Jul 2015 | - | Director |
| Mrs Christine Fallon | 62 years | Jan 2019 | - | Director | |
| Mr Mark Bousfield | England | 44 years | Sep 2024 | - | Director |
| Ms Zamila Skingsley | England | 51 years | Sep 2024 | - | Director |
| Ms Katherine McClean | England | 47 years | Sep 2024 | - | Director |
P&L
March 2024turnover
108.1m
+40%
operating profit
4.5m
0%
gross margin
1.1%
+47.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.1m
+0.64%
total assets
61m
+0.34%
cash
1.9m
+0.6%
net assets
Total assets minus all liabilities
torus62 developments limited company details
company number
09687200
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
lmh developments limited (April 2019)
accountant
-
auditor
BDO LLP
address
4 corporation street, st. helens, WA9 1LD
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
BRABNERS LLP
torus62 developments 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 6 charges/mortgages relating to torus62 developments limited. Currently there are 6 open charges and 0 have been satisfied in the past.
torus62 developments 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 TORUS62 DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
torus62 developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
