twinmar group limited Company Information
Company Number
10302742
Next Accounts
Mar 2025
Shareholders
marcel bordon & lilly bordon
lilly bordon
View AllGroup Structure
View All
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
Website
http://www.soletrader.co.uktwinmar group limited Estimated Valuation
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
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
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
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7 Strong
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1 Regular
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4 Weak
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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
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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
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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
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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
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Employees
with 276 employees, this is above the industry average (104)
276 - Twinmar Group Limited
104 - Industry AVG
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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
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Efficiency
resulting in sales per employee of £77.3k, this is less efficient (£184.9k)
£77.3k - Twinmar Group Limited
£184.9k - Industry AVG
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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
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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
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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
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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
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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
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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 House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jul 2016 | |
---|---|---|---|---|---|---|---|---|
Turnover | 21,326,302 | 20,363,382 | 14,127,049 | 26,385,849 | 38,044,134 | 42,341,236 | 41,735,310 | 38,028,895 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 10,413,024 | 9,053,389 | 4,789,551 | 17,783,174 | 20,985,551 | 23,848,850 | 22,637,370 | 20,116,155 |
Gross Profit | 10,913,278 | 11,309,993 | 9,337,498 | 8,602,675 | 17,058,583 | 18,492,386 | 19,097,940 | 17,912,740 |
Admin Expenses | 11,591,083 | 10,033,520 | 6,776,977 | 17,867,133 | 21,379,704 | 20,775,954 | 19,642,758 | 17,497,992 |
Operating Profit | -677,805 | 1,276,473 | 2,560,521 | -9,264,458 | -4,321,121 | -2,283,568 | -544,818 | 414,748 |
Interest Payable | 56,439 | 124,405 | 77,834 | 73,576 | 96,482 | 78,878 | 92,627 | 119,367 |
Interest Receivable | 1,002,120 | 4,374,009 | 2,280,273 | 2,288,381 | 531,103 | 471,069 | 484,106 | 1,111,405 |
Pre-Tax Profit | 267,876 | 5,526,077 | 4,762,960 | -4,638,174 | -3,886,500 | -1,891,377 | -149,778 | 1,414,405 |
Tax | 120,914 | 1,451,354 | -15,008 | 137,160 | -2,423 | 108,210 | 168,816 | -336,927 |
Profit After Tax | 388,790 | 6,977,431 | 4,747,952 | -4,501,014 | -3,888,923 | -1,783,167 | 19,038 | 1,077,478 |
Dividends Paid | 325,132 | 340,632 | 0 | 0 | 0 | 159,094 | 64,440 | 692,468 |
Retained Profit | 63,658 | 6,636,799 | 4,747,952 | -4,501,014 | -3,888,923 | -1,942,261 | -45,402 | 385,010 |
Employee Costs | 4,378,046 | 4,035,595 | 3,011,903 | 5,902,875 | 6,363,050 | 6,511,815 | 5,927,816 | 5,640,957 |
Number Of Employees | 276 | 271 | 214 | 361 | 481 | 482 | 452 | 443 |
EBITDA* | -350,570 | 1,567,214 | 2,707,195 | -9,156,396 | -3,181,669 | -1,247,145 | 280,686 | 1,243,041 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jul 2016 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 10,256,886 | 10,187,474 | 10,307,719 | 10,312,101 | 12,764,235 | 6,856,867 | 6,235,929 | 14,140,307 |
Intangible Assets | 538,769 | 351,219 | 233,798 | 1,000 | 326,356 | 552,813 | 480,735 | 177,268 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 225,243 |
Debtors (Due After 1 year) | 1,603,442 | 1,432,210 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 12,399,097 | 11,970,903 | 10,541,517 | 10,313,101 | 13,090,591 | 7,409,680 | 6,716,664 | 14,542,818 |
Stock & work in progress | 4,381,767 | 3,449,017 | 3,040,869 | 1,379,601 | 6,374,111 | 7,962,081 | 8,881,328 | 7,259,172 |
Trade Debtors | 244,829 | 281,595 | 160,897 | 294,750 | 236,448 | 177,362 | 112,117 | 55,754 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 5,002,252 | 4,491,051 | 4,750,297 | 6,579,116 | 6,694,634 | 6,878,662 | 6,049,507 | 15,771,480 |
Cash | 2,207,068 | 4,037,750 | 3,711,546 | 1,519,751 | 407,262 | 1,358,637 | 701,167 | 809,223 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 11,835,916 | 12,259,413 | 11,663,609 | 9,773,218 | 13,712,455 | 16,376,742 | 15,744,119 | 23,895,629 |
total assets | 24,235,013 | 24,230,316 | 22,205,126 | 20,086,319 | 26,803,046 | 23,786,422 | 22,460,783 | 38,438,447 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 2,444,353 | 187,866 | 518,412 |
Bank loan | 8,367 | 8,333 | 1,430,793 | 0 | 2,255,204 | 0 | 0 | 0 |
Trade Creditors | 1,753,416 | 1,164,332 | 1,319,350 | 707,184 | 820,501 | 1,100,706 | 899,300 | 860,557 |
Group/Directors Accounts | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 109,696 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 16,674 | 12,636 | 12,636 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 2,686,973 | 3,141,782 | 2,068,914 | 2,830,632 | 10,508,395 | 10,212,554 | 6,146,207 | 2,020,363 |
total current liabilities | 4,465,430 | 4,327,083 | 4,831,693 | 3,537,817 | 13,584,100 | 13,757,613 | 7,233,373 | 3,509,028 |
loans | 36,028 | 40,000 | 44,444 | 2,139,152 | 0 | 0 | 2,430,645 | 2,617,707 |
hp & lease commitments | 35,015 | 26,572 | 30,207 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 84,006 | 122,895 | 149,706 | 151,992 |
other liabilities | 529,935 | 783,669 | 4,882,589 | 6,756,117 | 724,032 | 179,753 | 353,427 | 521,229 |
provisions | 905,131 | 592,226 | 592,226 | 185,190 | 405,617 | 247,611 | 872,821 | 902,536 |
total long term liabilities | 1,506,109 | 1,442,467 | 5,549,466 | 9,080,459 | 1,213,655 | 550,259 | 3,806,599 | 4,193,464 |
total liabilities | 5,971,539 | 5,769,550 | 10,381,159 | 12,618,276 | 14,797,755 | 14,307,872 | 11,039,972 | 7,702,492 |
net assets | 18,263,474 | 18,460,766 | 11,823,967 | 7,468,043 | 12,005,291 | 9,478,550 | 11,420,811 | 30,735,955 |
total shareholders funds | 18,263,474 | 18,460,766 | 11,823,967 | 7,468,043 | 12,005,291 | 9,478,550 | 11,420,811 | 30,735,955 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jul 2016 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | -677,805 | 1,276,473 | 2,560,521 | -9,264,458 | -4,321,121 | -2,283,568 | -544,818 | 414,748 |
Depreciation | 264,452 | 173,667 | 146,474 | 108,062 | 912,995 | 809,966 | 724,269 | 802,969 |
Amortisation | 62,783 | 117,074 | 200 | 0 | 226,457 | 226,457 | 101,235 | 25,324 |
Tax | 120,914 | 1,451,354 | -15,008 | 137,160 | -2,423 | 108,210 | 168,816 | -336,927 |
Stock | 932,750 | 408,148 | 1,661,268 | -4,994,510 | -1,587,970 | -919,247 | 1,622,156 | 7,259,172 |
Debtors | 645,667 | 1,293,662 | -1,962,672 | -57,216 | -124,942 | 894,400 | -9,665,610 | 15,827,234 |
Creditors | 589,084 | -155,018 | 612,166 | -113,317 | -280,205 | 201,406 | 38,743 | 860,557 |
Accruals and Deferred Income | -454,809 | 1,072,868 | -761,718 | -7,761,769 | 256,952 | 4,039,536 | 4,123,558 | 2,172,355 |
Deferred Taxes & Provisions | 312,905 | 0 | 407,036 | -220,427 | 158,006 | -625,210 | -29,715 | 902,536 |
Cash flow from operations | -1,360,893 | 2,234,608 | 3,251,075 | -12,063,023 | -1,336,427 | 2,501,644 | 12,625,542 | -18,244,844 |
Investing Activities | ||||||||
capital expenditure | 0 | 0 | 0 | 0 | -260,141 | -1,775,493 | -1,383,448 | -1,100,243 |
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -225,243 | 225,243 |
cash flow from investments | 0 | 0 | 0 | 0 | -260,141 | -1,775,493 | -1,158,205 | -1,325,486 |
Financing Activities | ||||||||
Bank loans | 34 | -1,422,460 | 1,430,793 | -2,255,204 | 2,255,204 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | -1 | 1 | 0 | 0 | -109,696 | 109,696 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -3,972 | -4,444 | -2,094,708 | 2,139,152 | 0 | -2,430,645 | -187,062 | 2,617,707 |
Hire Purchase and Lease Commitments | 12,481 | -3,635 | 42,843 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -253,734 | -4,098,920 | -1,873,528 | 6,032,085 | 544,279 | -173,674 | -167,802 | 521,229 |
share issue | ||||||||
interest | 945,681 | 4,249,604 | 2,202,439 | 2,214,805 | 434,621 | 392,191 | 391,479 | 992,038 |
cash flow from financing | 439,540 | -1,279,855 | -684,190 | 8,094,605 | 9,649,768 | -2,212,128 | -19,342,823 | 34,591,615 |
cash and cash equivalents | ||||||||
cash | -1,830,682 | 326,204 | 2,191,795 | 1,112,489 | -951,375 | 657,470 | -108,056 | 809,223 |
overdraft | 0 | 0 | 0 | 0 | -2,444,353 | 2,256,487 | -330,546 | 518,412 |
change in cash | -1,830,682 | 326,204 | 2,191,795 | 1,112,489 | 1,492,978 | -1,599,017 | 222,490 | 290,811 |
twinmar group limited Credit Report and Business Information
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.
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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Marcel Bordon | United Kingdom | 70 years | Jul 2016 | - | Director |
Mr David Bordon | United Kingdom | 66 years | Jul 2016 | - | Director |
Mr Michael Bordon | United Kingdom | 66 years | Jul 2016 | - | Director |
P&L
June 2023turnover
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 2023net 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
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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