twinmar group limited

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twinmar group limited Company Information

Share TWINMAR GROUP LIMITED

Company Number

10302742

Directors

Marcel Bordon

David Bordon

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Shareholders

marcel bordon & lilly bordon

lilly bordon

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Group Structure

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Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

14 maxted road, hemel hempstead, hertfordshire, HP2 7DX

twinmar group limited Estimated Valuation

£44.1m

Pomanda estimates the enterprise value of TWINMAR GROUP LIMITED at £44.1m based on a Turnover of £21.3m and 2.07x industry multiple (adjusted for size and gross margin).

twinmar group limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TWINMAR GROUP LIMITED at £0 based on an EBITDA of £-350.6k and a 8.59x industry multiple (adjusted for size and gross margin).

twinmar group limited Estimated Valuation

£24.5m

Pomanda estimates the enterprise value of TWINMAR GROUP LIMITED at £24.5m based on Net Assets of £18.3m and 1.34x industry multiple (adjusted for liquidity).

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Twinmar Group Limited Overview

Twinmar Group Limited is a live company located in hertfordshire, HP2 7DX with a Companies House number of 10302742. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2016, it's largest shareholder is marcel bordon & lilly bordon with a 16.8% stake. Twinmar Group Limited is a young, large sized company, Pomanda has estimated its turnover at £21.3m with declining growth in recent years.

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Twinmar Group Limited Health Check

Pomanda's financial health check has awarded Twinmar Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £21.3m, make it in line with the average company (£18.6m)

£21.3m - Twinmar Group Limited

£18.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (8.2%)

-7% - Twinmar Group Limited

8.2% - Industry AVG

production

Production

with a gross margin of 51.2%, this company has a lower cost of product (34.8%)

51.2% - Twinmar Group Limited

34.8% - Industry AVG

profitability

Profitability

an operating margin of -3.2% make it less profitable than the average company (4.7%)

-3.2% - Twinmar Group Limited

4.7% - Industry AVG

employees

Employees

with 276 employees, this is above the industry average (104)

276 - Twinmar Group Limited

104 - Industry AVG

paystructure

Pay Structure

on an average salary of £15.9k, the company has a lower pay structure (£42.6k)

£15.9k - Twinmar Group Limited

£42.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £77.3k, this is less efficient (£184.9k)

£77.3k - Twinmar Group Limited

£184.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (46 days)

4 days - Twinmar Group Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 61 days, this is slower than average (45 days)

61 days - Twinmar Group Limited

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 153 days, this is more than average (39 days)

153 days - Twinmar Group Limited

39 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (14 weeks)

25 weeks - Twinmar Group Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 24.6%, this is a lower level of debt than the average (69.2%)

24.6% - Twinmar Group Limited

69.2% - Industry AVG

TWINMAR GROUP LIMITED financials

EXPORTms excel logo

Twinmar Group Limited's latest turnover from June 2023 is £21.3 million and the company has net assets of £18.3 million. According to their latest financial statements, Twinmar Group Limited has 276 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jul 2016
Turnover21,326,30220,363,38214,127,04926,385,84938,044,13442,341,23641,735,31038,028,895
Other Income Or Grants00000000
Cost Of Sales10,413,0249,053,3894,789,55117,783,17420,985,55123,848,85022,637,37020,116,155
Gross Profit10,913,27811,309,9939,337,4988,602,67517,058,58318,492,38619,097,94017,912,740
Admin Expenses11,591,08310,033,5206,776,97717,867,13321,379,70420,775,95419,642,75817,497,992
Operating Profit-677,8051,276,4732,560,521-9,264,458-4,321,121-2,283,568-544,818414,748
Interest Payable56,439124,40577,83473,57696,48278,87892,627119,367
Interest Receivable1,002,1204,374,0092,280,2732,288,381531,103471,069484,1061,111,405
Pre-Tax Profit267,8765,526,0774,762,960-4,638,174-3,886,500-1,891,377-149,7781,414,405
Tax120,9141,451,354-15,008137,160-2,423108,210168,816-336,927
Profit After Tax388,7906,977,4314,747,952-4,501,014-3,888,923-1,783,16719,0381,077,478
Dividends Paid325,132340,632000159,09464,440692,468
Retained Profit63,6586,636,7994,747,952-4,501,014-3,888,923-1,942,261-45,402385,010
Employee Costs4,378,0464,035,5953,011,9035,902,8756,363,0506,511,8155,927,8165,640,957
Number Of Employees276271214361481482452443
EBITDA*-350,5701,567,2142,707,195-9,156,396-3,181,669-1,247,145280,6861,243,041

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jul 2016
Tangible Assets10,256,88610,187,47410,307,71910,312,10112,764,2356,856,8676,235,92914,140,307
Intangible Assets538,769351,219233,7981,000326,356552,813480,735177,268
Investments & Other0000000225,243
Debtors (Due After 1 year)1,603,4421,432,210000000
Total Fixed Assets12,399,09711,970,90310,541,51710,313,10113,090,5917,409,6806,716,66414,542,818
Stock & work in progress4,381,7673,449,0173,040,8691,379,6016,374,1117,962,0818,881,3287,259,172
Trade Debtors244,829281,595160,897294,750236,448177,362112,11755,754
Group Debtors00000000
Misc Debtors5,002,2524,491,0514,750,2976,579,1166,694,6346,878,6626,049,50715,771,480
Cash2,207,0684,037,7503,711,5461,519,751407,2621,358,637701,167809,223
misc current assets00000000
total current assets11,835,91612,259,41311,663,6099,773,21813,712,45516,376,74215,744,11923,895,629
total assets24,235,01324,230,31622,205,12620,086,31926,803,04623,786,42222,460,78338,438,447
Bank overdraft000002,444,353187,866518,412
Bank loan8,3678,3331,430,79302,255,204000
Trade Creditors 1,753,4161,164,3321,319,350707,184820,5011,100,706899,300860,557
Group/Directors Accounts0001000109,696
other short term finances00000000
hp & lease commitments16,67412,63612,63600000
other current liabilities2,686,9733,141,7822,068,9142,830,63210,508,39510,212,5546,146,2072,020,363
total current liabilities4,465,4304,327,0834,831,6933,537,81713,584,10013,757,6137,233,3733,509,028
loans36,02840,00044,4442,139,152002,430,6452,617,707
hp & lease commitments35,01526,57230,20700000
Accruals and Deferred Income000084,006122,895149,706151,992
other liabilities529,935783,6694,882,5896,756,117724,032179,753353,427521,229
provisions905,131592,226592,226185,190405,617247,611872,821902,536
total long term liabilities1,506,1091,442,4675,549,4669,080,4591,213,655550,2593,806,5994,193,464
total liabilities5,971,5395,769,55010,381,15912,618,27614,797,75514,307,87211,039,9727,702,492
net assets18,263,47418,460,76611,823,9677,468,04312,005,2919,478,55011,420,81130,735,955
total shareholders funds18,263,47418,460,76611,823,9677,468,04312,005,2919,478,55011,420,81130,735,955
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jul 2016
Operating Activities
Operating Profit-677,8051,276,4732,560,521-9,264,458-4,321,121-2,283,568-544,818414,748
Depreciation264,452173,667146,474108,062912,995809,966724,269802,969
Amortisation62,783117,0742000226,457226,457101,23525,324
Tax120,9141,451,354-15,008137,160-2,423108,210168,816-336,927
Stock932,750408,1481,661,268-4,994,510-1,587,970-919,2471,622,1567,259,172
Debtors645,6671,293,662-1,962,672-57,216-124,942894,400-9,665,61015,827,234
Creditors589,084-155,018612,166-113,317-280,205201,40638,743860,557
Accruals and Deferred Income-454,8091,072,868-761,718-7,761,769256,9524,039,5364,123,5582,172,355
Deferred Taxes & Provisions312,9050407,036-220,427158,006-625,210-29,715902,536
Cash flow from operations-1,360,8932,234,6083,251,075-12,063,023-1,336,4272,501,64412,625,542-18,244,844
Investing Activities
capital expenditure0000-260,141-1,775,493-1,383,448-1,100,243
Change in Investments000000-225,243225,243
cash flow from investments0000-260,141-1,775,493-1,158,205-1,325,486
Financing Activities
Bank loans34-1,422,4601,430,793-2,255,2042,255,204000
Group/Directors Accounts00-1100-109,696109,696
Other Short Term Loans 00000000
Long term loans-3,972-4,444-2,094,7082,139,1520-2,430,645-187,0622,617,707
Hire Purchase and Lease Commitments12,481-3,63542,84300000
other long term liabilities-253,734-4,098,920-1,873,5286,032,085544,279-173,674-167,802521,229
share issue-260,9500-392,028-36,2346,415,6640-19,269,74230,350,945
interest945,6814,249,6042,202,4392,214,805434,621392,191391,479992,038
cash flow from financing439,540-1,279,855-684,1908,094,6059,649,768-2,212,128-19,342,82334,591,615
cash and cash equivalents
cash-1,830,682326,2042,191,7951,112,489-951,375657,470-108,056809,223
overdraft0000-2,444,3532,256,487-330,546518,412
change in cash-1,830,682326,2042,191,7951,112,4891,492,978-1,599,017222,490290,811

twinmar group limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Twinmar Group Limited Competitor Analysis

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Perform a competitor analysis for twinmar group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in HP2 area or any other competitors across 12 key performance metrics.

twinmar group limited Ownership

TWINMAR GROUP LIMITED group structure

Twinmar Group Limited has 1 subsidiary company.

Ultimate parent company

TWINMAR GROUP LIMITED

10302742

1 subsidiary

TWINMAR GROUP LIMITED Shareholders

marcel bordon & lilly bordon 16.85%
lilly bordon 15.04%
vita bordon 9.12%
rachel bordon 9.12%
brachan bordon 9.12%
marcel bordon 4.15%
david bordon 4.15%
michael bordon 4.15%
marcel bordon for his grandson anthony abraham bordon 0.99%
michael bordon for his grandson alex bude 0.99%

twinmar group limited directors

Twinmar Group Limited currently has 3 directors. The longest serving directors include Mr Marcel Bordon (Jul 2016) and Mr David Bordon (Jul 2016).

officercountryagestartendrole
Mr Marcel BordonUnited Kingdom70 years Jul 2016- Director
Mr David BordonUnited Kingdom66 years Jul 2016- Director
Mr Michael BordonUnited Kingdom66 years Jul 2016- Director

P&L

June 2023

turnover

21.3m

+5%

operating profit

-677.8k

-153%

gross margin

51.2%

-7.86%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2023

net assets

18.3m

-0.01%

total assets

24.2m

0%

cash

2.2m

-0.45%

net assets

Total assets minus all liabilities

twinmar group limited company details

company number

10302742

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

July 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

June 2023

previous names

N/A

accountant

-

auditor

LOPIAN CROSS BARNETT & CO

address

14 maxted road, hemel hempstead, hertfordshire, HP2 7DX

Bank

-

Legal Advisor

-

twinmar group 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 twinmar group limited. Currently there are 1 open charges and 0 have been satisfied in the past.

twinmar group 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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twinmar group limited Companies House Filings - See Documents

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