turnpike developments ltd
turnpike developments ltd Company Information
Company Number
10223155
Next Accounts
Apr 2025
Directors
Shareholders
nicholas charles riley
Group Structure
View All
Industry
Other research and experimental development on natural sciences and engineering
Registered Address
106 shaw road thornham, rochdale, greater manchester, OL16 4SQ
Website
-turnpike developments ltd Estimated Valuation
Pomanda estimates the enterprise value of TURNPIKE DEVELOPMENTS LTD at £124.4k based on a Turnover of £112.8k and 1.1x industry multiple (adjusted for size and gross margin).
turnpike developments ltd Estimated Valuation
Pomanda estimates the enterprise value of TURNPIKE DEVELOPMENTS LTD at £0 based on an EBITDA of £-1.5k and a 5.22x industry multiple (adjusted for size and gross margin).
turnpike developments ltd Estimated Valuation
Pomanda estimates the enterprise value of TURNPIKE DEVELOPMENTS LTD at £24.3k based on Net Assets of £12.6k and 1.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Turnpike Developments Ltd Overview
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 £112.8k.
Upgrade for unlimited company reports & a free credit check
Turnpike Developments Ltd Health Check
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
1 Strong
3 Regular
5 Weak
Size
annual sales of £112.8k, make it smaller than the average company (£4.1m)
- 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%)
- Turnpike Developments Ltd
3.5% - Industry AVG
Production
with a gross margin of 48.2%, this company has a comparable cost of product (48.2%)
- Turnpike Developments Ltd
48.2% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (4.9%)
- Turnpike Developments Ltd
4.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (38)
1 - Turnpike Developments Ltd
38 - Industry AVG
Pay Structure
on an average salary of £58k, the company has an equivalent pay structure (£58k)
- Turnpike Developments Ltd
£58k - Industry AVG
Efficiency
resulting in sales per employee of £112.8k, this is equally as efficient (£112.8k)
- Turnpike Developments Ltd
£112.8k - 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 (45.9%)
61.4% - Turnpike Developments Ltd
45.9% - Industry AVG
TURNPIKE DEVELOPMENTS LTD financials
Turnpike Developments Ltd's latest turnover from March 2022 is estimated at £112.8 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 | ||||||
| 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 | 1 | 1 | 2 | 2 | 2 | 2 |
| EBITDA* |
* 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 | ||||||
| Depreciation | 74 | 344 | 502 | 453 | 183 | |
| Amortisation | ||||||
| Tax | ||||||
| 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 | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| 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 | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| 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
Turnpike Developments Ltd Competitor Analysis
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 directors
Turnpike Developments Ltd currently has 1 director, Mr Nicholas Riley serving since Jun 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Riley | England | 53 years | Jun 2016 | - | Director |
P&L
March 2022turnover
112.8k
+75%
operating profit
-1.5k
0%
gross margin
48.2%
+0.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
12.6k
-0.09%
total assets
32.7k
+0.01%
cash
32.6k
+0.14%
net assets
Total assets minus all liabilities
Similar Companies
turnpike developments ltd company details
company number
10223155
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2022
previous names
zeanic developments ltd. (November 2020)
accountant
ALLENS ACCOUNTANTS LIMITED
auditor
-
address
106 shaw road thornham, rochdale, greater manchester, OL16 4SQ
Bank
-
Legal Advisor
-
turnpike developments ltd 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 turnpike developments ltd.
turnpike developments ltd 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.
Click to start generating capital raising & share issue transactions for TURNPIKE DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
turnpike developments ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
