Pomanda estimates the enterprise value of TURNPIKE DEVELOPMENTS LTD at £118.1k based on a Turnover of £113.2k and 1.04x industry multiple (adjusted for size and gross margin).
turnpike developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of TURNPIKE DEVELOPMENTS LTD at £0 based on an EBITDA of £-1.5k and a 4.87x industry multiple (adjusted for size and gross margin).
turnpike developments ltdEstimated Valuation
£22k
Pomanda estimates the enterprise value of TURNPIKE DEVELOPMENTS LTD at £22k based on Net Assets of £12.6k and 1.75x industry multiple (adjusted for liquidity).
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Turnpike Developments LtdOverview
Turnpike Developments Ltd is a dissolved company that was located in greater manchester, OL16 4SQ with a Companies House number of 10223155. It operated in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in June 2016, it's largest shareholder was
nicholas charles riley
with a 100% stake. The last turnover for Turnpike Developments Ltd was estimated at £113.2k.
Pomanda's financial health check has awarded Turnpike Developments Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
5 Weak
Size
annual sales of £113.2k, make it smaller than the average company (£4.1m)
£113.2k - Turnpike Developments Ltd
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3.5%)
1% - Turnpike Developments Ltd
3.5% - Industry AVG
Production
with a gross margin of 47.5%, this company has a comparable cost of product (47.5%)
47.5% - Turnpike Developments Ltd
47.5% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (4.9%)
-1.3% - Turnpike Developments Ltd
4.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (37)
1 - Turnpike Developments Ltd
37 - Industry AVG
Pay Structure
on an average salary of £58.2k, the company has an equivalent pay structure (£58.2k)
£58.2k - Turnpike Developments Ltd
£58.2k - Industry AVG
Efficiency
resulting in sales per employee of £113.2k, this is equally as efficient (£113.2k)
£113.2k - Turnpike Developments Ltd
£113.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Turnpike Developments Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Turnpike Developments Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Turnpike Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 84 weeks, this is more cash available to meet short term requirements (45 weeks)
84 weeks - Turnpike Developments Ltd
45 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.4%, this is a higher level of debt than the average (46.2%)
61.4% - Turnpike Developments Ltd
46.2% - Industry AVG
TURNPIKE DEVELOPMENTS LTD financials
EXPORT
Turnpike Developments Ltd's latest turnover from March 2022 is estimated at £113.2 thousand and the company has net assets of £12.6 thousand. According to their latest financial statements, Turnpike Developments Ltd has 1 employee and maintains cash reserves of £32.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Turnover
113,203
64,580
122,856
110,200
193,838
189,989
Other Income Or Grants
Cost Of Sales
59,422
33,766
64,798
56,280
101,670
96,598
Gross Profit
53,781
30,814
58,058
53,920
92,168
93,391
Admin Expenses
55,294
17,553
60,534
47,408
93,011
92,490
Operating Profit
-1,513
13,261
-2,476
6,512
-843
901
Interest Payable
Interest Receivable
230
29
23
197
142
26
Pre-Tax Profit
-1,283
13,290
-2,453
6,709
-702
927
Tax
-2,525
-1,275
-176
Profit After Tax
-1,283
10,765
-2,453
5,434
-702
751
Dividends Paid
Retained Profit
-1,283
10,765
-2,453
5,434
-702
751
Employee Costs
58,226
58,476
116,360
111,710
111,667
105,856
Number Of Employees
1
1
2
2
2
2
EBITDA*
-1,513
13,335
-2,132
7,014
-390
1,084
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Tangible Assets
25
100
444
722
367
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
25
100
444
722
367
Stock & work in progress
Trade Debtors
1,152
924
2,124
Group Debtors
Misc Debtors
89
2,432
Cash
32,620
28,632
28,856
16,879
35,597
21,003
misc current assets
total current assets
32,709
32,216
29,780
19,003
35,597
21,003
total assets
32,709
32,241
29,880
19,447
36,319
21,370
Bank overdraft
Bank loan
Trade Creditors
26,731
13,780
36,033
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
20,097
18,341
20,446
total current liabilities
20,097
18,341
26,731
13,780
36,033
20,446
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
5
19
84
137
73
total long term liabilities
5
19
84
137
73
total liabilities
20,097
18,346
26,750
13,864
36,170
20,519
net assets
12,612
13,895
3,130
5,583
149
851
total shareholders funds
12,612
13,895
3,130
5,583
149
851
Mar 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Operating Activities
Operating Profit
-1,513
13,261
-2,476
6,512
-843
901
Depreciation
74
344
502
453
183
Amortisation
Tax
-2,525
-1,275
-176
Stock
Debtors
-3,495
2,660
-1,200
2,124
Creditors
-26,731
12,951
-22,253
36,033
Accruals and Deferred Income
1,756
18,341
-20,446
20,446
Deferred Taxes & Provisions
-5
-14
-65
-53
64
73
Cash flow from operations
3,733
-254
11,954
-18,691
15,261
21,427
Investing Activities
capital expenditure
25
1
-224
-808
-550
Change in Investments
cash flow from investments
25
1
-224
-808
-550
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
230
29
23
197
142
26
cash flow from financing
230
29
23
197
142
126
cash and cash equivalents
cash
3,988
-224
11,977
-18,718
14,594
21,003
overdraft
change in cash
3,988
-224
11,977
-18,718
14,594
21,003
turnpike developments ltd 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 turnpike developments ltd. Get real-time insights into turnpike developments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for turnpike developments ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in OL16 area or any other competitors across 12 key performance metrics.
turnpike developments ltd Ownership
TURNPIKE DEVELOPMENTS LTD group structure
Turnpike Developments Ltd has no subsidiary companies.
Ultimate parent company
TURNPIKE DEVELOPMENTS LTD
10223155
TURNPIKE DEVELOPMENTS LTD Shareholders
The sole shareholder of Turnpike Developments Ltd is Nicholas Charles Riley.
nicholas charles riley
100%
turnpike developments ltd directors
Turnpike Developments Ltd currently has 1 director, Mr Nicholas Riley serving since Jun 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 did not find charges/mortgages relating to turnpike developments ltd.
turnpike developments ltd Capital Raised & Share Issues BETA
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turnpike developments ltdCompanies House Filings - See Documents
