turner & townsend holdings limited

turner & townsend holdings limited Company Information

Share TURNER & TOWNSEND HOLDINGS LIMITED
Live 
EstablishedMega

Company Number

09782970

Industry

Other business support service activities n.e.c.

 

Directors

Vincent Clancy

James Dand

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Shareholders

cbre titan acquisition co. limited

turner & townsend partners llp

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Group Structure

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Contact

Registered Address

low hall calverley lane, horsforth, leeds, LS18 4GH

turner & townsend holdings limited Estimated Valuation

£1.6b

Pomanda estimates the enterprise value of TURNER & TOWNSEND HOLDINGS LIMITED at £1.6b based on a Turnover of £1.3b and 1.2x industry multiple (adjusted for size and gross margin).

turner & townsend holdings limited Estimated Valuation

£1.9b

Pomanda estimates the enterprise value of TURNER & TOWNSEND HOLDINGS LIMITED at £1.9b based on an EBITDA of £222.4m and a 8.51x industry multiple (adjusted for size and gross margin).

turner & townsend holdings limited Estimated Valuation

£676m

Pomanda estimates the enterprise value of TURNER & TOWNSEND HOLDINGS LIMITED at £676m based on Net Assets of £285.6m and 2.37x industry multiple (adjusted for liquidity).

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Turner & Townsend Holdings Limited Overview

Turner & Townsend Holdings Limited is a live company located in leeds, LS18 4GH with a Companies House number of 09782970. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2015, it's largest shareholder is cbre titan acquisition co. limited with a 59% stake. Turner & Townsend Holdings Limited is a established, mega sized company, Pomanda has estimated its turnover at £1.3b with unknown growth in recent years.

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Turner & Townsend Holdings Limited Health Check

Pomanda's financial health check has awarded Turner & Townsend Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.3b, make it larger than the average company (£4.3m)

£1.3b - Turner & Townsend Holdings Limited

£4.3m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Turner & Townsend Holdings Limited

- - Industry AVG

production

Production

with a gross margin of 37.4%, this company has a comparable cost of product (37.4%)

37.4% - Turner & Townsend Holdings Limited

37.4% - Industry AVG

profitability

Profitability

an operating margin of 15.3% make it more profitable than the average company (5.6%)

15.3% - Turner & Townsend Holdings Limited

5.6% - Industry AVG

employees

Employees

with 11438 employees, this is above the industry average (25)

11438 - Turner & Townsend Holdings Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £80.4k, the company has a higher pay structure (£51.2k)

£80.4k - Turner & Townsend Holdings Limited

£51.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £113.3k, this is less efficient (£158.4k)

£113.3k - Turner & Townsend Holdings Limited

£158.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 69 days, this is later than average (39 days)

69 days - Turner & Townsend Holdings Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 13 days, this is quicker than average (31 days)

13 days - Turner & Townsend Holdings Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Turner & Townsend Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 19 weeks, this is less cash available to meet short term requirements (24 weeks)

19 weeks - Turner & Townsend Holdings Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 58.3%, this is a similar level of debt than the average (60.4%)

58.3% - Turner & Townsend Holdings Limited

60.4% - Industry AVG

TURNER & TOWNSEND HOLDINGS LIMITED financials

EXPORTms excel logo

Turner & Townsend Holdings Limited's latest turnover from April 2024 is £1.3 billion and the company has net assets of £285.6 million. According to their latest financial statements, Turner & Townsend Holdings Limited has 11,438 employees and maintains cash reserves of £128.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Turnover1,295,883,0001,066,873,000779,064,000000000
Other Income Or Grants000000000
Cost Of Sales810,858,354660,522,737483,160,010000000
Gross Profit485,024,646406,350,263295,903,990000000
Admin Expenses286,555,646266,991,263195,042,99000000470,000
Operating Profit198,469,000139,359,000100,861,00000000-470,000
Interest Payable3,303,0002,458,0006,723,0001,624,0001,809,0001,684,0001,247,0001,053,000724,000
Interest Receivable4,716,000211,00049,00000000661,000
Pre-Tax Profit200,331,000137,815,00094,581,00034,876,00029,691,00023,316,00019,333,0005,203,0004,534,000
Tax-49,998,000-30,698,000-22,338,000207,000221,000171,000180,000350,0000
Profit After Tax150,333,000107,117,00072,243,00035,083,00029,912,00023,487,00019,513,0005,553,0004,534,000
Dividends Paid119,200,00047,359,00056,312,00036,029,00029,271,00023,601,00018,958,0004,539,0004,067,000
Retained Profit30,023,00058,520,00015,004,000-946,000641,000-114,000555,0001,014,000467,000
Employee Costs919,848,000782,321,000578,835,000000000
Number Of Employees11,4389,3167,342111111
EBITDA*222,400,000159,636,000117,340,00000000-470,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Tangible Assets86,467,00060,265,00061,404,000000000
Intangible Assets132,651,000124,251,00043,431,000000000
Investments & Other1,636,0001,590,0001,091,00088,629,00088,496,00088,303,00088,273,00088,144,00087,663,000
Debtors (Due After 1 year)10,466,00012,990,0008,735,000000000
Total Fixed Assets219,118,000184,516,00096,100,00088,629,00088,496,00088,303,00088,273,00088,144,00087,663,000
Stock & work in progress000000000
Trade Debtors245,615,000207,209,000164,837,000000000
Group Debtors173,000123,00099,0000180,00052,00001,000800,000
Misc Debtors105,337,00069,039,00056,613,00027,00040,000140,00051,00000
Cash128,406,000136,803,00085,250,000000000
misc current assets000000000
total current assets479,531,000413,174,000306,799,00027,000220,000192,00051,0001,000800,000
total assets698,649,000597,690,000402,899,00088,656,00088,716,00088,495,00088,324,00088,145,00088,463,000
Bank overdraft000000000
Bank loan000000000
Trade Creditors 29,797,00031,867,00024,640,000000000
Group/Directors Accounts00011,693,00012,238,0007,933,0009,290,0004,969,0005,044,000
other short term finances20,000,00018,000,00020,000,0001,330,0004,930,0006,174,0007,362,0005,326,0002,117,000
hp & lease commitments10,016,00010,307,00010,046,000000000
other current liabilities289,682,000254,200,000177,987,000107,00076,00077,000000
total current liabilities349,495,000314,374,000232,673,00013,130,00017,244,00014,184,00016,652,00010,295,0007,161,000
loans92,502,00040,132,00042,604,00073,908,00068,908,00072,388,00069,635,00076,368,00080,834,000
hp & lease commitments46,251,00020,066,00021,302,000000000
Accruals and Deferred Income000000000
other liabilities5,510,0004,431,0000000000
provisions12,494,0009,014,0003,570,000000000
total long term liabilities58,008,00029,004,00023,087,00073,908,00068,908,00072,388,00069,635,00076,368,00080,834,000
total liabilities407,503,000343,378,000255,760,00087,038,00086,152,00086,572,00086,287,00086,663,00087,995,000
net assets285,579,000249,230,000142,320,0001,618,0002,564,0001,923,0002,037,0001,482,000468,000
total shareholders funds285,579,000249,230,000142,320,0001,618,0002,564,0001,923,0002,037,0001,482,000468,000
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Operating Activities
Operating Profit198,469,000139,359,000100,861,00000000-470,000
Depreciation19,718,00017,445,00015,328,000000000
Amortisation4,213,0002,832,0001,151,000000000
Tax-49,998,000-30,698,000-22,338,000207,000221,000171,000180,000350,0000
Stock000000000
Debtors72,230,00059,077,000230,257,000-193,00028,000141,00050,000-799,000800,000
Creditors-2,070,0007,227,00024,640,000000000
Accruals and Deferred Income35,482,00076,213,000177,880,00031,000-1,00077,000000
Deferred Taxes & Provisions3,480,0005,444,0003,570,000000000
Cash flow from operations137,064,000158,745,00070,835,000431,000192,000107,000130,0001,149,000-1,270,000
Investing Activities
capital expenditure-58,533,000-99,958,000-121,314,000000000
Change in Investments46,000499,000-87,538,000133,000193,00030,000129,000481,00087,663,000
cash flow from investments-58,579,000-100,457,000-33,776,000-133,000-193,000-30,000-129,000-481,000-87,663,000
Financing Activities
Bank loans000000000
Group/Directors Accounts00-11,693,000-545,0004,305,000-1,357,0004,321,000-75,0005,044,000
Other Short Term Loans 2,000,000-2,000,00018,670,000-3,600,000-1,244,000-1,188,0002,036,0003,209,0002,117,000
Long term loans52,370,000-2,472,000-31,304,0005,000,000-3,480,0002,753,000-6,733,000-4,466,00080,834,000
Hire Purchase and Lease Commitments25,894,000-975,00031,348,000000000
other long term liabilities1,079,0004,431,0000000000
share issue6,326,00048,390,000125,698,000000001,000
interest1,413,000-2,247,000-6,674,000-1,624,000-1,809,000-1,684,000-1,247,000-1,053,000-63,000
cash flow from financing89,082,00045,127,000126,045,000-769,000-2,228,000-1,476,000-1,623,000-2,385,00087,933,000
cash and cash equivalents
cash-8,397,00051,553,00085,250,000000000
overdraft000000000
change in cash-8,397,00051,553,00085,250,000000000

turner & townsend holdings limited 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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Turner & Townsend Holdings Limited Competitor Analysis

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Perform a competitor analysis for turner & townsend holdings limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in LS18 area or any other competitors across 12 key performance metrics.

turner & townsend holdings limited Ownership

TURNER & TOWNSEND HOLDINGS LIMITED group structure

Turner & Townsend Holdings Limited has 2 subsidiary companies.

Ultimate parent company

CBRE US LIFTCO LLC

#0171588

2 parents

TURNER & TOWNSEND HOLDINGS LIMITED

09782970

2 subsidiaries

TURNER & TOWNSEND HOLDINGS LIMITED Shareholders

cbre titan acquisition co. limited 59%
turner & townsend partners llp 40%
cbre titan 2021 limited 1%

turner & townsend holdings limited directors

Turner & Townsend Holdings Limited currently has 6 directors. The longest serving directors include Mr Vincent Clancy (Sep 2015) and Mr James Dand (May 2017).

officercountryagestartendrole
Mr Vincent Clancy60 years Sep 2015- Director
Mr James DandUnited Kingdom45 years May 2017- Director
Mr Robert SulenticUnited States68 years Nov 2021- Director
Mr Richard PeersUnited Kingdom50 years Nov 2023- Director
Mr Vikram KohliUnited States44 years Feb 2024- Director
Ms Emma GiamartinoUnited States41 years Feb 2024- Director

P&L

April 2024

turnover

1.3b

+21%

operating profit

198.5m

+42%

gross margin

37.5%

-1.73%

turnover

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

Balance Sheet

April 2024

net assets

285.6m

+0.15%

total assets

698.6m

+0.17%

cash

128.4m

-0.06%

net assets

Total assets minus all liabilities

turner & townsend holdings limited company details

company number

09782970

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

September 2015

age

10

incorporated

UK

ultimate parent company

CBRE US LIFTCO LLC

accounts

Group

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

KPMG LLP

address

low hall calverley lane, horsforth, leeds, LS18 4GH

Bank

-

Legal Advisor

-

turner & townsend holdings 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 did not find charges/mortgages relating to turner & townsend holdings limited.

turner & townsend holdings 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.

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turner & townsend holdings limited Companies House Filings - See Documents

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