Pomanda estimates the enterprise value of THORNTON HEATH PROPERTIES LIMITED at £1.1m based on a Turnover of £409.3k and 2.8x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of THORNTON HEATH PROPERTIES LIMITED at £330.4k based on an EBITDA of £54.9k and a 6.02x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of THORNTON HEATH PROPERTIES LIMITED at £0 based on Net Assets of £-60.9k and 1.51x industry multiple (adjusted for liquidity).
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Thornton Heath Properties LimitedOverview
Thornton Heath Properties Limited is a live company located in london, N4 1TJ with a Companies House number of 10071248. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2016, it's largest shareholder is
top of the head limited
with a 37.5% stake. Thornton Heath Properties Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£409.3k with
declining
growth in recent years.
Pomanda's financial health check has awarded Thornton Heath Properties Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
2 Regular
7 Weak
Size
annual sales of £409.3k, make it smaller than the average company (£810k)
£409.3k - Thornton Heath Properties Limited
£810k - Industry AVG
Growth
3 year (CAGR) sales growth of -49%, show it is growing at a slower rate (3.1%)
-49% - Thornton Heath Properties Limited
3.1% - Industry AVG
Production
with a gross margin of 68.2%, this company has a comparable cost of product (68.2%)
68.2% - Thornton Heath Properties Limited
68.2% - Industry AVG
Profitability
an operating margin of 13.3% make it less profitable than the average company (26%)
13.3% - Thornton Heath Properties Limited
26% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Thornton Heath Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.6k, the company has an equivalent pay structure (£38.6k)
£38.6k - Thornton Heath Properties Limited
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £136.4k, this is less efficient (£196.2k)
£136.4k - Thornton Heath Properties Limited
£196.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (26 days)
0 days - Thornton Heath Properties Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 918 days, this is slower than average (32 days)
918 days - Thornton Heath Properties Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Thornton Heath Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Thornton Heath Properties Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.2%, this is a higher level of debt than the average (63.8%)
104.2% - Thornton Heath Properties Limited
63.8% - Industry AVG
THORNTON HEATH PROPERTIES LIMITED financials
EXPORT
Thornton Heath Properties Limited's latest turnover from March 2024 is estimated at £409.3 thousand and the company has net assets of -£60.9 thousand. According to their latest financial statements, we estimate that Thornton Heath Properties Limited has 3 employees and maintains cash reserves of £16.3 thousand 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
409,280
586,282
601,983
3,132,083
147,359
174,977
963,240
159,728
Other Income Or Grants
Cost Of Sales
130,194
196,088
206,135
1,016,556
47,316
54,060
308,518
51,471
Gross Profit
279,086
390,194
395,847
2,115,527
100,044
120,917
654,721
108,256
Admin Expenses
224,560
348,321
181,971
2,076,836
53,294
-28,847
595,984
106,862
Operating Profit
54,526
41,873
213,876
38,691
46,750
149,764
58,737
1,394
Interest Payable
99,478
107,685
86,997
98,491
110,522
100,490
45,117
Interest Receivable
11,142
13,453
1,207
54
21
257
331
120
Pre-Tax Profit
65,668
-44,151
107,399
-48,253
-51,720
39,499
-41,422
-43,603
Tax
-16,417
-20,406
-7,505
Profit After Tax
49,251
-44,151
86,993
-48,253
-51,720
31,994
-41,422
-43,603
Dividends Paid
Retained Profit
49,251
-44,151
86,993
-48,253
-51,720
31,994
-41,422
-43,603
Employee Costs
115,700
108,480
110,366
570,426
38,807
38,725
176,481
35,353
Number Of Employees
3
3
3
16
1
1
5
1
EBITDA*
54,902
42,408
214,729
39,532
47,332
150,164
59,096
1,394
* 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
1,419,901
1,637,075
3,865,298
3,866,151
3,538,198
3,657,922
3,616,918
3,316,736
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,419,901
1,637,075
3,865,298
3,866,151
3,538,198
3,657,922
3,616,918
3,316,736
Stock & work in progress
Trade Debtors
595
2,299
1,993
82,588
Group Debtors
9,000
7,000
Misc Debtors
14,501
5,319
12,362
76,631
82,090
13,190
12,444
17,573
Cash
16,322
408,121
224,982
96,905
10,421
32,438
36,081
96,211
misc current assets
total current assets
31,418
415,739
248,337
180,536
92,511
45,628
131,113
113,784
total assets
1,451,319
2,052,814
4,113,635
4,046,687
3,630,709
3,703,550
3,748,031
3,430,520
Bank overdraft
753,672
Bank loan
Trade Creditors
327,782
424,897
417,832
865,799
49,782
58,688
62,766
50,225
Group/Directors Accounts
1,772,903
2,069,806
2,069,806
2,060,806
2,110,806
1,971,336
other short term finances
hp & lease commitments
other current liabilities
1,184,440
1,738,071
47,878
14,444
13,131
10,583
11,243
8,799
total current liabilities
1,512,222
2,162,968
2,992,285
2,950,049
2,132,719
2,130,077
2,184,815
2,030,360
loans
1,187,353
1,249,634
1,602,733
1,626,496
1,648,233
1,443,755
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
1,187,353
1,249,634
1,602,733
1,626,496
1,648,233
1,443,755
total liabilities
1,512,222
2,162,968
4,179,638
4,199,683
3,735,452
3,756,573
3,833,048
3,474,115
net assets
-60,903
-110,154
-66,003
-152,996
-104,743
-53,023
-85,017
-43,595
total shareholders funds
-60,903
-110,154
-66,003
-152,996
-104,743
-53,023
-85,017
-43,595
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Operating Activities
Operating Profit
54,526
41,873
213,876
38,691
46,750
149,764
58,737
1,394
Depreciation
376
535
853
841
582
400
359
Amortisation
Tax
-16,417
-20,406
-7,505
Stock
Debtors
7,478
-15,737
-60,276
1,541
68,900
-81,842
77,459
17,573
Creditors
-97,115
7,065
-447,967
816,017
-8,906
-4,078
12,541
50,225
Accruals and Deferred Income
-553,631
1,690,193
33,434
1,313
2,548
-660
2,444
8,799
Deferred Taxes & Provisions
Cash flow from operations
-619,739
1,755,403
-159,934
855,321
-27,926
219,763
-3,378
42,845
Investing Activities
capital expenditure
216,798
2,227,688
-328,794
119,142
-41,404
-300,541
-3,316,736
Change in Investments
cash flow from investments
216,798
2,227,688
-328,794
119,142
-41,404
-300,541
-3,316,736
Financing Activities
Bank loans
Group/Directors Accounts
-1,772,903
-296,903
9,000
-50,000
139,470
1,971,336
Other Short Term Loans
Long term loans
-1,187,353
-62,281
-353,099
-23,763
-21,737
204,478
1,443,755
Hire Purchase and Lease Commitments
other long term liabilities
share issue
8
interest
11,142
-86,025
-106,478
-86,943
-98,470
-110,265
-100,159
-44,997
cash flow from financing
11,142
-3,046,281
-465,662
-440,042
-113,233
-182,002
243,789
3,370,102
cash and cash equivalents
cash
-391,799
183,139
128,077
86,484
-22,017
-3,643
-60,130
96,211
overdraft
-753,672
753,672
change in cash
-391,799
936,811
-625,595
86,484
-22,017
-3,643
-60,130
96,211
thornton heath properties 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 thornton heath properties limited. Get real-time insights into thornton heath properties limited's credit score, group structure and payment trends.
Perform a competitor analysis for thornton heath properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N 4 area or any other competitors across 12 key performance metrics.
thornton heath properties limited Ownership
THORNTON HEATH PROPERTIES LIMITED group structure
Thornton Heath Properties Limited has no subsidiary companies.
Ultimate parent company
THORNTON HEATH PROPERTIES LIMITED
10071248
THORNTON HEATH PROPERTIES LIMITED Shareholders
The largest shareholders in Thornton Heath Properties Limited include Top Of The Head Limited and Never Left Limited.
top of the head limited
37.5%
never left limited
37.5%
financial management limited
25%
thornton heath properties limited directors
Thornton Heath Properties Limited currently has 2 directors.
The longest serving directors include
Mr Michael Gerrard (Aug 2016) and
Mr Joseph Gerrard (Aug 2016).
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 3 charges/mortgages relating to thornton heath properties limited. Currently there are 0 open charges and 3 have been satisfied in the past.
thornton heath properties 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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thornton heath properties limitedCompanies House Filings - See Documents
