turris development limited
turris development limited Company Information
Company Number
09857566
Website
-Registered Address
turnpike house, 1208/1210 london road, leigh on sea, essex, SS9 2UA
Industry
Construction of domestic buildings
Telephone
-
Next Accounts Due
August 2024
Group Structure
View All
Directors
Christopher Last8 Years
Shareholders
christopher john last 100%
turris development limited Estimated Valuation
Pomanda estimates the enterprise value of TURRIS DEVELOPMENT LIMITED at £284.3k based on a Turnover of £757k and 0.38x industry multiple (adjusted for size and gross margin).
turris development limited Estimated Valuation
Pomanda estimates the enterprise value of TURRIS DEVELOPMENT LIMITED at £4.6k based on an EBITDA of £1.4k and a 3.21x industry multiple (adjusted for size and gross margin).
turris development limited Estimated Valuation
Pomanda estimates the enterprise value of TURRIS DEVELOPMENT LIMITED at £0 based on Net Assets of £-26.7k and 1.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Turris Development Limited Overview
Turris Development Limited is a live company located in leigh on sea, SS9 2UA with a Companies House number of 09857566. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in November 2015, it's largest shareholder is christopher john last with a 100% stake. Turris Development Limited is a young, small sized company, Pomanda has estimated its turnover at £757k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Turris Development Limited Health Check
Pomanda's financial health check has awarded Turris Development Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £757k, make it larger than the average company (£476.9k)
- Turris Development Limited
£476.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (7.6%)
- Turris Development Limited
7.6% - Industry AVG
Production
with a gross margin of 20.7%, this company has a comparable cost of product (20.7%)
- Turris Development Limited
20.7% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (7.7%)
- Turris Development Limited
7.7% - Industry AVG
Employees
with 4 employees, this is above the industry average (3)
- Turris Development Limited
3 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
- Turris Development Limited
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £189.2k, this is equally as efficient (£201.1k)
- Turris Development Limited
£201.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Turris Development Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Turris Development Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 361 days, this is more than average (227 days)
- Turris Development Limited
227 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Turris Development Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.5%, this is a higher level of debt than the average (72.3%)
104.5% - Turris Development Limited
72.3% - Industry AVG
TURRIS DEVELOPMENT LIMITED financials
Turris Development Limited's latest turnover from November 2022 is estimated at £757 thousand and the company has net assets of -£26.7 thousand. According to their latest financial statements, we estimate that Turris Development Limited has 4 employees and maintains cash reserves of £3.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 42 | 53 | 66 | 82 | 102 | 127 | 159 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 42 | 53 | 66 | 82 | 102 | 127 | 159 |
| Stock & work in progress | 595,178 | 595,178 | 593,483 | 479,058 | 412,135 | 250 | 351,772 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 35 | 268 | 227 | 200 | 89,216 | 200 |
| Cash | 3,765 | 31 | 54 | 567 | 79 | 112 | 86 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 598,943 | 595,244 | 593,805 | 479,852 | 412,414 | 89,578 | 352,058 |
| total assets | 598,985 | 595,297 | 593,871 | 479,934 | 412,516 | 89,705 | 352,217 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 623,583 | 622,560 | 619,113 | 498,971 | 424,113 | 90,272 | 323,580 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,066 | 588 | 1,440 | 2,110 | 1,380 | 1,500 | 7,359 |
| total current liabilities | 625,649 | 623,148 | 620,553 | 501,081 | 425,493 | 91,772 | 330,939 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 625,649 | 623,148 | 620,553 | 501,081 | 425,493 | 91,772 | 330,939 |
| net assets | -26,664 | -27,851 | -26,682 | -21,147 | -12,977 | -2,067 | 21,278 |
| total shareholders funds | -26,664 | -27,851 | -26,682 | -21,147 | -12,977 | -2,067 | 21,278 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 11 | 13 | 16 | 20 | 25 | 32 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 1,695 | 114,425 | 66,923 | 411,885 | -351,522 | 351,772 |
| Debtors | -35 | -233 | 41 | 27 | -89,016 | 89,016 | 200 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,478 | -852 | -670 | 730 | -120 | -5,859 | 7,359 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,023 | 3,447 | 120,142 | 74,858 | 333,841 | -233,308 | 323,580 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 3,734 | -23 | -513 | 488 | -33 | 26 | 86 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,734 | -23 | -513 | 488 | -33 | 26 | 86 |
turris development limited Credit Report and Business Information
Turris Development Limited Competitor Analysis
Perform a competitor analysis for turris development limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
turris development limited Ownership
TURRIS DEVELOPMENT LIMITED group structure
Turris Development Limited has no subsidiary companies.
Ultimate parent company
TURRIS DEVELOPMENT LIMITED
09857566
turris development limited directors
Turris Development Limited currently has 1 director, Mr Christopher Last serving since Nov 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Last | England | 68 years | Nov 2015 | - | Director |
P&L
November 2022turnover
757k
-1%
operating profit
1.4k
0%
gross margin
20.7%
+7.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
-26.7k
-0.04%
total assets
599k
+0.01%
cash
3.8k
+120.45%
net assets
Total assets minus all liabilities
turris development limited company details
company number
09857566
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
November 2015
age
9
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
turnpike house, 1208/1210 london road, leigh on sea, essex, SS9 2UA
last accounts submitted
November 2022
turris development 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 turris development limited.
turris development limited Companies House Filings - See Documents
| date | description | view/download |
|---|
