Pomanda estimates the enterprise value of TIMLA DEVELOPMENTS LIMITED at £409.6k based on a Turnover of £835.3k and 0.49x industry multiple (adjusted for size and gross margin).
timla developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TIMLA DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-17.9k and a 3.74x industry multiple (adjusted for size and gross margin).
timla developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TIMLA DEVELOPMENTS LIMITED at £0 based on Net Assets of £-74.1k and 1.39x industry multiple (adjusted for liquidity).
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Timla Developments LimitedOverview
Timla Developments Limited is a live company located in darlington, DL3 0PP with a Companies House number of 09882945. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2015, it's largest shareholder is
almit group limited
with a 100% stake. Timla Developments Limited is a established,
small sized company, Pomanda has estimated its turnover at
£835.3k with
declining
growth in recent years.
Pomanda's financial health check has awarded Timla Developments Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
0 Strong
3 Regular
6 Weak
Size
annual sales of £835.3k, make it smaller than the average company (£2.3m)
£835.3k - Timla Developments Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (6%)
-11% - Timla Developments Limited
6% - Industry AVG
Production
with a gross margin of 26.2%, this company has a comparable cost of product (26.2%)
26.2% - Timla Developments Limited
26.2% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (7.5%)
-2.1% - Timla Developments Limited
7.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Timla Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
£48.3k - Timla Developments Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £278.4k, this is equally as efficient (£278.4k)
£278.4k - Timla Developments Limited
£278.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Timla Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Timla Developments Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Timla Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Timla Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 107.4%, this is a higher level of debt than the average (73.8%)
107.4% - Timla Developments Limited
73.8% - Industry AVG
TIMLA DEVELOPMENTS LIMITED financials
EXPORT
Timla Developments Limited's latest turnover from March 2024 is estimated at £835.3 thousand and the company has net assets of -£74.1 thousand. According to their latest financial statements, Timla Developments Limited has 3 employees and maintains cash reserves of £1 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Turnover
835,333
813,549
722,590
1,181,526
2,086,507
3,204,080
1,498,186
Other Income Or Grants
Cost Of Sales
616,188
603,081
545,625
892,698
1,524,748
2,299,966
1,055,343
Gross Profit
219,145
210,467
176,965
288,827
561,759
904,114
442,843
Admin Expenses
237,032
258,924
166,160
276,065
573,137
910,016
442,576
10
Operating Profit
-17,887
-48,457
10,805
12,762
-11,378
-5,902
267
-10
Interest Payable
15,196
27,502
20,016
6,912
Interest Receivable
5,953
43,069
6,750
20
10
Pre-Tax Profit
-11,935
-5,388
2,359
-14,740
-31,394
-12,814
286
Tax
-448
-54
Profit After Tax
-11,935
-5,388
1,911
-14,740
-31,394
-12,814
232
Dividends Paid
Retained Profit
-11,935
-5,388
1,911
-14,740
-31,394
-12,814
232
Employee Costs
144,828
137,840
133,359
216,361
347,367
552,573
253,005
Number Of Employees
3
3
3
5
8
13
6
EBITDA*
-17,887
-48,457
10,805
12,762
-11,378
-5,902
267
-10
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
409,971
2,678,413
2,450,882
1,755,358
1,054,625
Trade Debtors
Group Debtors
1,000,000
1,000,000
Misc Debtors
364
364
364
364
7,554
Cash
1
226,767
1,799,995
1
1
6
1
7,966
misc current assets
total current assets
1,000,001
1,227,131
2,210,330
2,678,778
2,451,247
1,762,918
1,054,626
7,966
total assets
1,000,001
1,227,131
2,210,330
2,678,778
2,451,247
1,762,918
1,054,626
7,966
Bank overdraft
7
Bank loan
450,243
204,806
Trade Creditors
50,493
209,800
451,586
Group/Directors Accounts
1,074,121
1,289,323
1,661,250
1,329,321
906,537
202,239
381,969
7,965
other short term finances
hp & lease commitments
other current liabilities
605,884
907,436
927,436
916,868
672,424
total current liabilities
1,074,128
1,289,323
2,267,134
2,737,493
2,043,773
1,775,499
1,054,393
7,965
loans
451,449
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
451,449
total liabilities
1,074,128
1,289,323
2,267,134
2,737,493
2,495,222
1,775,499
1,054,393
7,965
net assets
-74,127
-62,192
-56,804
-58,715
-43,975
-12,581
233
1
total shareholders funds
-74,127
-62,192
-56,804
-58,715
-43,975
-12,581
233
1
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Operating Activities
Operating Profit
-17,887
-48,457
10,805
12,762
-11,378
-5,902
267
-10
Depreciation
Amortisation
Tax
-448
-54
Stock
-409,971
-2,268,442
227,531
695,524
700,733
1,054,625
Debtors
-364
1,000,000
-7,190
7,554
Creditors
-50,493
-159,307
-241,786
451,586
Accruals and Deferred Income
-605,884
-301,552
-20,000
10,568
244,444
672,424
Deferred Taxes & Provisions
Cash flow from operations
-17,523
-1,244,370
1,926,754
-394,076
-930,930
-18,159
-381,988
-10
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
-450,243
450,243
-204,806
204,806
Group/Directors Accounts
-215,202
-371,927
331,929
422,784
704,298
-179,730
374,004
7,965
Other Short Term Loans
Long term loans
-451,449
451,449
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
5,953
43,069
-8,446
-27,502
-20,016
-6,912
20
10
cash flow from financing
-209,249
-328,858
-126,760
394,076
930,925
18,164
374,024
7,976
cash and cash equivalents
cash
-226,766
-1,573,228
1,799,994
-5
5
-7,965
7,966
overdraft
7
change in cash
-226,773
-1,573,228
1,799,994
-5
5
-7,965
7,966
timla developments limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for timla developments limited. Get real-time insights into timla developments limited's credit score, group structure and payment trends.
Perform a competitor analysis for timla developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DL3 area or any other competitors across 12 key performance metrics.
timla developments limited Ownership
TIMLA DEVELOPMENTS LIMITED group structure
Timla Developments Limited has no subsidiary companies.
The sole shareholder of Timla Developments Limited is Almit Group Limited.
almit group limited
100%
timla developments limited directors
Timla Developments Limited currently has 3 directors.
The longest serving directors include
Mr Stephen Mitchell (Nov 2015) and
Mr Allan Mitchell (Nov 2015).
faverdale, faverdale industrial estate, darlington, county durham, DL3 0PP
Bank
-
Legal Advisor
-
timla developments 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 timla developments limited.
timla developments limited Capital Raised & Share Issues BETA
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timla developments limitedCompanies House Filings - See Documents
