tower clock ltd

Dissolved 

tower clock ltd Company Information

Share TOWER CLOCK LTD

Company Number

09734977

Shareholders

abraham yehuda bresler

Group Structure

View All

Industry

Buying and selling of own real estate

 

Registered Address

26 theydon road, london, E5 9NA

tower clock ltd Estimated Valuation

£5.7m

Pomanda estimates the enterprise value of TOWER CLOCK LTD at £5.7m based on a Turnover of £2.6m and 2.22x industry multiple (adjusted for size and gross margin).

tower clock ltd Estimated Valuation

£63.8k

Pomanda estimates the enterprise value of TOWER CLOCK LTD at £63.8k based on an EBITDA of £13.4k and a 4.76x industry multiple (adjusted for size and gross margin).

tower clock ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of TOWER CLOCK LTD at £0 based on Net Assets of £-44k and 1.58x industry multiple (adjusted for liquidity).

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Tower Clock Ltd Overview

Tower Clock Ltd is a dissolved company that was located in london, E5 9NA with a Companies House number of 09734977. It operated in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2015, it's largest shareholder was abraham yehuda bresler with a 100% stake. The last turnover for Tower Clock Ltd was estimated at £2.6m.

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Tower Clock Ltd Health Check

Pomanda's financial health check has awarded Tower Clock Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £2.6m, make it larger than the average company (£831.9k)

£2.6m - Tower Clock Ltd

£831.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 57%, show it is growing at a faster rate (1.5%)

57% - Tower Clock Ltd

1.5% - Industry AVG

production

Production

with a gross margin of 27.2%, this company has a higher cost of product (66.6%)

27.2% - Tower Clock Ltd

66.6% - Industry AVG

profitability

Profitability

an operating margin of 0.5% make it less profitable than the average company (50.5%)

0.5% - Tower Clock Ltd

50.5% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Tower Clock Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)

£36.8k - Tower Clock Ltd

£36.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £638k, this is more efficient (£187.3k)

£638k - Tower Clock Ltd

£187.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 86 days, this is later than average (26 days)

86 days - Tower Clock Ltd

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 278 days, this is slower than average (33 days)

278 days - Tower Clock Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tower Clock Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Tower Clock Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 102.8%, this is a higher level of debt than the average (62.9%)

102.8% - Tower Clock Ltd

62.9% - Industry AVG

TOWER CLOCK LTD financials

EXPORTms excel logo

Tower Clock Ltd's latest turnover from August 2022 is estimated at £2.6 million and the company has net assets of -£44 thousand. According to their latest financial statements, we estimate that Tower Clock Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016
Turnover2,551,8552,277,2751,173,341660,5561,966,322
Other Income Or Grants
Cost Of Sales1,857,9281,700,858934,050499,1331,470,987
Gross Profit693,927576,417239,290161,423495,336
Admin Expenses680,5111,033,749363,452288,481615,441-1,046,85374,208
Operating Profit13,416-457,332-124,162-127,058-120,1051,046,853-74,208
Interest Payable
Interest Receivable
Pre-Tax Profit13,416-457,332-124,162-127,058-120,1051,046,853-74,208
Tax-2,549-198,902
Profit After Tax10,867-457,332-124,162-127,058-120,105847,951-74,208
Dividends Paid
Retained Profit10,867-457,332-124,162-127,058-120,105847,951-74,208
Employee Costs147,154143,72274,28377,394145,491
Number Of Employees44224
EBITDA*13,416-457,332-124,162-127,058-120,1051,046,853-74,208

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016
Tangible Assets945,000945,0003,301,9691,746,5661,515,7271,500,0001,400,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets945,000945,0003,301,9691,746,5661,515,7271,500,0001,400,000
Stock & work in progress
Trade Debtors604,034606,00295,95095,950435,291
Group Debtors
Misc Debtors436,127944
Cash
misc current assets
total current assets604,034606,00295,95095,950435,291436,127944
total assets1,549,0341,551,0023,397,9191,842,5161,951,0181,936,1271,400,944
Bank overdraft
Bank loan
Trade Creditors 1,417,6761,430,5112,762,8211,083,2561,064,700
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities929,6041,475,052
total current liabilities1,417,6761,430,5112,762,8211,083,2561,064,700929,6041,475,052
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions175,405175,405232,680232,680232,680232,680
total long term liabilities175,405175,405232,680232,680232,680232,680
total liabilities1,593,0811,605,9162,995,5011,315,9361,297,3801,162,2841,475,052
net assets-44,047-54,914402,418526,580653,638773,843-74,108
total shareholders funds-44,047-54,914402,418526,580653,638773,843-74,108
Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016
Operating Activities
Operating Profit13,416-457,332-124,162-127,058-120,1051,046,853-74,208
Depreciation
Amortisation
Tax-2,549-198,902
Stock
Debtors-1,968510,052-339,341-836435,183944
Creditors-12,835-1,332,3101,679,56518,5561,064,700
Accruals and Deferred Income-929,604-545,4481,475,052
Deferred Taxes & Provisions-57,275232,680
Cash flow from operations-2,356,9691,555,403230,83915,827100,0001,399,900
Investing Activities
capital expenditure2,356,969-1,555,403-230,839-15,727-100,000-1,400,000
Change in Investments
cash flow from investments2,356,969-1,555,403-230,839-15,727-100,000-1,400,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest
cash flow from financing-100100
cash and cash equivalents
cash
overdraft
change in cash

tower clock ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Tower Clock Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for tower clock ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in E 5 area or any other competitors across 12 key performance metrics.

tower clock ltd Ownership

TOWER CLOCK LTD group structure

Tower Clock Ltd has 2 subsidiary companies.

Ultimate parent company

TOWER CLOCK LTD

09734977

2 subsidiaries

TOWER CLOCK LTD Shareholders

abraham yehuda bresler 100%

tower clock ltd directors

Tower Clock Ltd currently has 1 director, Mr Abraham Bresler serving since May 2021.

officercountryagestartendrole
Mr Abraham BreslerEngland55 years May 2021- Director

P&L

August 2022

turnover

2.6m

+12%

operating profit

13.4k

0%

gross margin

27.2%

+7.43%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2022

net assets

-44k

-0.2%

total assets

1.5m

0%

cash

0

0%

net assets

Total assets minus all liabilities

tower clock ltd company details

company number

09734977

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

August 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2022

previous names

N/A

accountant

-

auditor

-

address

26 theydon road, london, E5 9NA

Bank

-

Legal Advisor

-

tower clock 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 14 charges/mortgages relating to tower clock ltd. Currently there are 2 open charges and 12 have been satisfied in the past.

tower clock 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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tower clock ltd Companies House Filings - See Documents

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