tees river limited
tees river limited Company Information
Company Number
09852710
Next Accounts
Sep 2025
Directors
Shareholders
sean timothy benson
lindsay anne benson
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
c/o expertax limited, 42-44 clarendon road, watford, hertfordshire, WD17 1JJ
Website
teesriverstrust.orgtees river limited Estimated Valuation
Pomanda estimates the enterprise value of TEES RIVER LIMITED at £872.6k based on a Turnover of £671.3k and 1.3x industry multiple (adjusted for size and gross margin).
tees river limited Estimated Valuation
Pomanda estimates the enterprise value of TEES RIVER LIMITED at £25.8m based on an EBITDA of £5.8m and a 4.48x industry multiple (adjusted for size and gross margin).
tees river limited Estimated Valuation
Pomanda estimates the enterprise value of TEES RIVER LIMITED at £16.3m based on Net Assets of £12.2m and 1.34x industry multiple (adjusted for liquidity).
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Tees River Limited Overview
Tees River Limited is a live company located in watford, WD17 1JJ with a Companies House number of 09852710. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in November 2015, it's largest shareholder is sean timothy benson with a 99% stake. Tees River Limited is a established, small sized company, Pomanda has estimated its turnover at £671.3k with rapid growth in recent years.
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Tees River Limited Health Check
Pomanda's financial health check has awarded Tees River Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
2 Weak
Size
annual sales of £671.3k, make it smaller than the average company (£5.5m)
- Tees River Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (4.9%)
- Tees River Limited
4.9% - Industry AVG
Production
with a gross margin of 53.9%, this company has a comparable cost of product (53.9%)
- Tees River Limited
53.9% - Industry AVG
Profitability
an operating margin of 855.9% make it more profitable than the average company (9.1%)
- Tees River Limited
9.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (14)
3 - Tees River Limited
14 - Industry AVG
Pay Structure
on an average salary of £82.9k, the company has an equivalent pay structure (£82.9k)
- Tees River Limited
£82.9k - Industry AVG
Efficiency
resulting in sales per employee of £223.8k, this is equally as efficient (£223.8k)
- Tees River Limited
£223.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tees River Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Tees River Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tees River Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is average cash available to meet short term requirements (29 weeks)
24 weeks - Tees River Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.5%, this is a lower level of debt than the average (70.8%)
10.5% - Tees River Limited
70.8% - Industry AVG
TEES RIVER LIMITED financials
Tees River Limited's latest turnover from December 2023 is estimated at £671.3 thousand and the company has net assets of £12.2 million. According to their latest financial statements, Tees River Limited has 3 employees and maintains cash reserves of £679.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 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 | 2 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 44,519 | 59,359 | 79,145 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 6,921,722 | 6,488,498 | 1,378,661 | 172,778 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,966,241 | 6,547,857 | 1,457,806 | 172,778 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 109,242 | 48,424 | 37,366 | 17,792 |
| Group Debtors | 77,337 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,890,730 | 12,200 | 9,098,186 | 2,678,821 | 0 | 0 | 0 | 0 |
| Cash | 679,470 | 1,581,762 | 126,722 | 778 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,647,537 | 1,593,962 | 9,224,908 | 2,679,599 | 109,242 | 48,424 | 37,366 | 17,792 |
| total assets | 13,613,778 | 8,141,819 | 10,682,714 | 2,852,377 | 109,242 | 48,424 | 37,366 | 17,792 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 17,347 | 7,340 | 9,048 | 5,897 |
| 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 | 1,426,616 | 308,685 | 3,880,623 | 1,531,912 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,426,616 | 308,685 | 3,880,623 | 1,531,912 | 17,347 | 7,340 | 9,048 | 5,897 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,426,616 | 308,685 | 3,880,623 | 1,531,912 | 17,347 | 7,340 | 9,048 | 5,897 |
| net assets | 12,187,162 | 7,833,134 | 6,802,091 | 1,320,465 | 91,895 | 41,084 | 28,318 | 11,895 |
| total shareholders funds | 12,187,162 | 7,833,134 | 6,802,091 | 1,320,465 | 91,895 | 41,084 | 28,318 | 11,895 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 14,840 | 19,786 | 26,382 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 5,955,867 | -9,085,986 | 6,419,365 | 2,569,579 | 60,818 | 11,058 | 19,574 | 17,792 |
| Creditors | 0 | 0 | 0 | -17,347 | 10,007 | -1,708 | 3,151 | 5,897 |
| Accruals and Deferred Income | 1,117,931 | -3,571,938 | 2,348,711 | 1,531,912 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 433,224 | 5,109,837 | 1,205,883 | 172,778 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -902,292 | 1,455,040 | 125,944 | 778 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -902,292 | 1,455,040 | 125,944 | 778 | 0 | 0 | 0 | 0 |
tees river limited Credit Report and Business Information
Tees River Limited Competitor Analysis
Perform a competitor analysis for tees river limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in WD17 area or any other competitors across 12 key performance metrics.
tees river limited Ownership
TEES RIVER LIMITED group structure
Tees River Limited has no subsidiary companies.
Ultimate parent company
TEES RIVER LIMITED
09852710
tees river limited directors
Tees River Limited currently has 1 director, Mr Sean Benson serving since Nov 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sean Benson | England | 46 years | Nov 2015 | - | Director |
P&L
December 2023turnover
671.3k
+53%
operating profit
5.7m
0%
gross margin
54%
-3.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.2m
+0.56%
total assets
13.6m
+0.67%
cash
679.5k
-0.57%
net assets
Total assets minus all liabilities
Similar Companies
tees river limited company details
company number
09852710
Type
Private 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
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
EXPERTAX LIMITED
auditor
-
address
c/o expertax limited, 42-44 clarendon road, watford, hertfordshire, WD17 1JJ
Bank
-
Legal Advisor
-
tees river 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 tees river limited.
tees river 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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tees river limited Companies House Filings - See Documents
| date | description | view/download |
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