turbo finance 6 plc
turbo finance 6 plc Company Information
Company Number
09789905
Next Accounts
Apr 2025
Directors
-
Shareholders
intertrust corporate services limited
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
40a station road, upminster, essex, RM14 2TR
Website
-turbo finance 6 plc Estimated Valuation
Pomanda estimates the enterprise value of TURBO FINANCE 6 PLC at £0 based on a Turnover of £-3.9m and 1.69x industry multiple (adjusted for size and gross margin).
turbo finance 6 plc Estimated Valuation
Pomanda estimates the enterprise value of TURBO FINANCE 6 PLC at £0 based on an EBITDA of £-3.3m and a 5.81x industry multiple (adjusted for size and gross margin).
turbo finance 6 plc Estimated Valuation
Pomanda estimates the enterprise value of TURBO FINANCE 6 PLC at £19.5k based on Net Assets of £14.9k and 1.31x industry multiple (adjusted for liquidity).
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Turbo Finance 6 Plc Overview
Turbo Finance 6 Plc is a dissolved company that was located in essex, RM14 2TR with a Companies House number of 09789905. It operated in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in September 2015, it's largest shareholder was intertrust corporate services limited with a 100% stake. The last turnover for Turbo Finance 6 Plc was estimated at £-3.9m.
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Turbo Finance 6 Plc Health Check
Pomanda's financial health check has awarded Turbo Finance 6 Plc a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
2 Weak
Size
annual sales of £-3.9m, make it smaller than the average company (£4m)
£-3.9m - Turbo Finance 6 Plc
£4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Turbo Finance 6 Plc
- - Industry AVG
Production
with a gross margin of 120.8%, this company has a lower cost of product (57.9%)
120.8% - Turbo Finance 6 Plc
57.9% - Industry AVG
Profitability
an operating margin of 84.2% make it more profitable than the average company (9.8%)
84.2% - Turbo Finance 6 Plc
9.8% - Industry AVG
Employees
with -18 employees, this is below the industry average (12)
- Turbo Finance 6 Plc
12 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Turbo Finance 6 Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £215.1k, this is equally as efficient (£194.6k)
- Turbo Finance 6 Plc
£194.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Turbo Finance 6 Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Turbo Finance 6 Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Turbo Finance 6 Plc
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Turbo Finance 6 Plc
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Turbo Finance 6 Plc
- - Industry AVG
TURBO FINANCE 6 PLC financials
Turbo Finance 6 Plc's latest turnover from November 2020 is -£3.9 million and the company has net assets of £14.9 thousand. According to their latest financial statements, we estimate that Turbo Finance 6 Plc has no employee and maintains cash reserves of £12.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|
| Turnover | -3,871,465 | 3,292,516 | 11,803,929 | 36,493,236 | 19,460,866 |
| Other Income Or Grants | |||||
| Cost Of Sales | 803,220 | 1,861,767 | 8,150,477 | 29,680,867 | 13,271,702 |
| Gross Profit | -4,674,685 | 1,430,749 | 3,653,452 | 6,812,369 | 6,189,164 |
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | -5,041,987 | 341,178 | -64,423 | 3,763,534 | 1,738,932 |
| Tax | -268 | -143 | -143 | -148 | -128 |
| Profit After Tax | -5,042,255 | 341,035 | -64,566 | 3,763,386 | 1,738,804 |
| Dividends Paid | |||||
| Retained Profit | -5,042,255 | 341,035 | -64,566 | 3,763,386 | 1,738,804 |
| Employee Costs | |||||
| Number Of Employees | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|
| Tangible Assets | 14,589,813 | 56,050,809 | 136,190,224 | 212,979,917 | |
| Intangible Assets | |||||
| Investments & Other | 14,589,813 | 56,050,809 | 136,190,224 | 212,979,917 | |
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 14,589,813 | 56,050,809 | 136,190,224 | 212,979,917 | |
| Stock & work in progress | |||||
| Trade Debtors | |||||
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | 12,501 | 8,114,998 | 14,099,320 | 22,602,295 | 18,691,013 |
| misc current assets | 2,437 | 47,122,442 | 112,236,227 | 209,777,424 | 212,156,031 |
| total current assets | 14,938 | 55,237,440 | 126,335,547 | 232,379,719 | 230,847,044 |
| total assets | 14,938 | 69,827,253 | 182,386,356 | 368,569,943 | 443,826,961 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | |||||
| Group/Directors Accounts | |||||
| other short term finances | 58,583,953 | 104,613,121 | 185,150,786 | 187,304,969 | |
| hp & lease commitments | |||||
| other current liabilities | 6,186,375 | 13,751,155 | 25,343,041 | 30,348,153 | |
| total current liabilities | 64,770,328 | 118,364,276 | 210,493,827 | 217,653,122 | |
| loans | 108,220,542 | 280,672,370 | 415,265,968 | ||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 4,461,684 | 12,225,240 | 16,789,550 | ||
| provisions | |||||
| total long term liabilities | 58,571,955 | 152,561,425 | 224,422,534 | ||
| total liabilities | 64,770,328 | 176,936,231 | 363,055,252 | 442,075,656 | |
| net assets | 14,938 | 5,056,925 | 5,450,125 | 5,514,691 | 1,751,305 |
| total shareholders funds | 14,938 | 5,056,925 | 5,450,125 | 5,514,691 | 1,751,305 |
| Nov 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | -268 | -143 | -143 | -148 | -128 |
| Stock | |||||
| Debtors | |||||
| Creditors | |||||
| Accruals and Deferred Income | -6,186,375 | -7,564,780 | -11,591,886 | -5,005,112 | 30,348,153 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | -14,589,813 | -41,460,996 | -80,139,415 | -76,789,693 | 212,979,917 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | -58,583,953 | -46,029,168 | -80,537,665 | -2,154,183 | 187,304,969 |
| Long term loans | -108,220,542 | -172,451,828 | -134,593,598 | 415,265,968 | |
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -4,461,684 | -7,763,556 | -4,564,310 | 16,789,550 | |
| share issue | |||||
| interest | |||||
| cash flow from financing | -58,583,685 | -159,445,629 | -260,753,049 | -141,312,091 | 619,372,988 |
| cash and cash equivalents | |||||
| cash | -8,102,497 | -5,984,322 | -8,502,975 | 3,911,282 | 18,691,013 |
| overdraft | |||||
| change in cash | -8,102,497 | -5,984,322 | -8,502,975 | 3,911,282 | 18,691,013 |
turbo finance 6 plc Credit Report and Business Information
Turbo Finance 6 Plc Competitor Analysis
Perform a competitor analysis for turbo finance 6 plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in RM14 area or any other competitors across 12 key performance metrics.
turbo finance 6 plc Ownership
TURBO FINANCE 6 PLC group structure
Turbo Finance 6 Plc has no subsidiary companies.
Ultimate parent company
TURBO FINANCE 6 PLC
09789905
turbo finance 6 plc directors
Turbo Finance 6 Plc currently has 1 director, undefined undefined serving since - .
| officer | country | age | start | end | role |
|---|
P&L
November 2020turnover
-3.9m
-218%
operating profit
-3.3m
0%
gross margin
120.8%
+177.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2020net assets
14.9k
-1%
total assets
14.9k
-1%
cash
12.5k
-1%
net assets
Total assets minus all liabilities
turbo finance 6 plc company details
company number
09789905
Type
Public limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
September 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2019
previous names
N/A
accountant
-
auditor
-
address
40a station road, upminster, essex, RM14 2TR
Bank
BNP PARIBAS LONDON BRANCH
Legal Advisor
-
turbo finance 6 plc 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 turbo finance 6 plc. Currently there are 0 open charges and 14 have been satisfied in the past.
turbo finance 6 plc 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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turbo finance 6 plc Companies House Filings - See Documents
| date | description | view/download |
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