trickle net equine innovations limitedEstimated Valuation
£103.5k
Pomanda estimates the enterprise value of TRICKLE NET EQUINE INNOVATIONS LIMITED at £103.5k based on a Turnover of £288k and 0.36x industry multiple (adjusted for size and gross margin).
trickle net equine innovations limitedEstimated Valuation
£78.6k
Pomanda estimates the enterprise value of TRICKLE NET EQUINE INNOVATIONS LIMITED at £78.6k based on an EBITDA of £29.6k and a 2.66x industry multiple (adjusted for size and gross margin).
trickle net equine innovations limitedEstimated Valuation
£57.8k
Pomanda estimates the enterprise value of TRICKLE NET EQUINE INNOVATIONS LIMITED at £57.8k based on Net Assets of £30.8k and 1.87x industry multiple (adjusted for liquidity).
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Trickle Net Equine Innovations LimitedOverview
Trickle Net Equine Innovations Limited is a live company located in newark, NG23 5EB with a Companies House number of 10135937. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in April 2016, it's largest shareholder is
ellen chapman
with a 100% stake. Trickle Net Equine Innovations Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£288k with
low
growth in recent years.
Trickle Net Equine Innovations Limited Health Check
Pomanda's financial health check has awarded Trickle Net Equine Innovations Limited a 2 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 Rating2out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £288k, make it smaller than the average company (£10.6m)
£288k - Trickle Net Equine Innovations Limited
£10.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (9.5%)
3% - Trickle Net Equine Innovations Limited
9.5% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (29.6%)
19.1% - Trickle Net Equine Innovations Limited
29.6% - Industry AVG
Profitability
an operating margin of 10.3% make it more profitable than the average company (5.3%)
10.3% - Trickle Net Equine Innovations Limited
5.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (62)
2 - Trickle Net Equine Innovations Limited
62 - Industry AVG
Pay Structure
on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)
£39.4k - Trickle Net Equine Innovations Limited
£39.4k - Industry AVG
Efficiency
resulting in sales per employee of £144k, this is less efficient (£187.1k)
£144k - Trickle Net Equine Innovations Limited
£187.1k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (46 days)
86 days - Trickle Net Equine Innovations Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (39 days)
95 days - Trickle Net Equine Innovations Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Trickle Net Equine Innovations Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Trickle Net Equine Innovations Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.3%, this is a higher level of debt than the average (51%)
67.3% - Trickle Net Equine Innovations Limited
51% - Industry AVG
TRICKLE NET EQUINE INNOVATIONS LIMITED financials
EXPORT
Trickle Net Equine Innovations Limited's latest turnover from April 2024 is estimated at £288 thousand and the company has net assets of £30.8 thousand. According to their latest financial statements, Trickle Net Equine Innovations Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Turnover
288,033
253,781
192,549
262,510
183,132
196,892
66,386
66,442
Other Income Or Grants
Cost Of Sales
232,897
205,062
155,781
212,738
146,167
155,054
52,407
51,717
Gross Profit
55,136
48,718
36,768
49,772
36,965
41,838
13,979
14,725
Admin Expenses
25,583
61,078
26,533
42,955
26,553
3,719
42,492
18,399
Operating Profit
29,553
-12,360
10,235
6,817
10,412
38,119
-28,513
-3,674
Interest Payable
Interest Receivable
Pre-Tax Profit
29,553
-12,360
10,235
6,817
10,412
38,119
-28,513
-3,674
Tax
-7,388
-1,945
-1,295
-1,978
-7,243
Profit After Tax
22,165
-12,360
8,290
5,522
8,434
30,876
-28,513
-3,674
Dividends Paid
Retained Profit
22,165
-12,360
8,290
5,522
8,434
30,876
-28,513
-3,674
Employee Costs
78,871
111,591
70,866
68,252
66,560
33,654
32,850
31,915
Number Of Employees
2
3
2
2
2
1
1
1
EBITDA*
29,553
-12,360
10,235
6,817
10,412
38,119
-28,513
-3,674
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Tangible Assets
15,087
17,092
20,774
6,895
6,756
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
15,087
17,092
20,774
6,895
6,756
Stock & work in progress
Trade Debtors
68,025
47,189
44,446
74,335
40,625
54,436
29,996
13,417
Group Debtors
Misc Debtors
11,176
Cash
misc current assets
total current assets
79,201
47,189
44,446
74,335
40,625
54,436
29,996
13,417
total assets
94,288
64,281
65,220
81,230
47,381
54,436
29,996
13,417
Bank overdraft
Bank loan
Trade Creditors
60,950
52,988
42,715
68,235
40,158
55,647
45,956
10,198
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
60,950
52,988
42,715
68,235
40,158
55,647
45,956
10,198
loans
hp & lease commitments
Accruals and Deferred Income
2,498
2,618
1,470
250
16,127
6,793
other liabilities
provisions
total long term liabilities
2,498
2,618
1,470
250
16,127
6,793
total liabilities
63,448
55,606
44,185
68,485
40,158
55,647
62,083
16,991
net assets
30,840
8,675
21,035
12,745
7,223
-1,211
-32,087
-3,574
total shareholders funds
30,840
8,675
21,035
12,745
7,223
-1,211
-32,087
-3,574
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Operating Activities
Operating Profit
29,553
-12,360
10,235
6,817
10,412
38,119
-28,513
-3,674
Depreciation
Amortisation
Tax
-7,388
-1,945
-1,295
-1,978
-7,243
Stock
Debtors
32,012
2,743
-29,889
33,710
-13,811
24,440
16,579
13,417
Creditors
7,962
10,273
-25,520
28,077
-15,489
9,691
35,758
10,198
Accruals and Deferred Income
-120
1,148
1,220
250
-16,127
9,334
6,793
Deferred Taxes & Provisions
Cash flow from operations
-2,005
-3,682
13,879
139
6,756
-100
Investing Activities
capital expenditure
2,005
3,682
-13,879
-139
-6,756
Change in Investments
cash flow from investments
2,005
3,682
-13,879
-139
-6,756
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
cash flow from financing
100
cash and cash equivalents
cash
overdraft
change in cash
trickle net equine innovations 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 trickle net equine innovations limited. Get real-time insights into trickle net equine innovations limited's credit score, group structure and payment trends.
Trickle Net Equine Innovations Limited Competitor Analysis
Perform a competitor analysis for trickle net equine innovations limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NG23 area or any other competitors across 12 key performance metrics.
trickle net equine innovations limited Ownership
TRICKLE NET EQUINE INNOVATIONS LIMITED group structure
Trickle Net Equine Innovations Limited has no subsidiary companies.
Ultimate parent company
TRICKLE NET EQUINE INNOVATIONS LIMITED
10135937
TRICKLE NET EQUINE INNOVATIONS LIMITED Shareholders
The sole shareholder of Trickle Net Equine Innovations Limited is Ellen Chapman.
ellen chapman
100%
trickle net equine innovations limited directors
Trickle Net Equine Innovations Limited currently has 1 director, Miss Ellen Chapman serving since Apr 2016.
trickle net equine innovations limited company details
company number
10135937
Type
Private limited with Share Capital
industry
22290 - Manufacture of other plastic products
32990 - Other manufacturing n.e.c.
47990 - Other retail sale not in stores, stalls or markets
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
holmes farm main road, long bennington, newark, NG23 5EB
Bank
-
Legal Advisor
-
trickle net equine innovations 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 found 1 charges/mortgages relating to trickle net equine innovations limited. Currently there are 0 open charges and 1 have been satisfied in the past.
trickle net equine innovations 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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trickle net equine innovations limitedCompanies House Filings - See Documents
