truepenny's of london ltd
truepenny's of london ltd Company Information
Company Number
10594437
Website
www.truepennys.comRegistered Address
38 king william walk greenwich, london, SE10 9HU
Industry
Real estate agencies
Telephone
02076391000
Next Accounts Due
November 2024
Group Structure
View All
Directors
Ryan Vella7 Years
Shareholders
james callcut 50%
ryan vella 50%
truepenny's of london ltd Estimated Valuation
Pomanda estimates the enterprise value of TRUEPENNY'S OF LONDON LTD at £576.1k based on a Turnover of £404.9k and 1.42x industry multiple (adjusted for size and gross margin).
truepenny's of london ltd Estimated Valuation
Pomanda estimates the enterprise value of TRUEPENNY'S OF LONDON LTD at £276.6k based on an EBITDA of £50.1k and a 5.52x industry multiple (adjusted for size and gross margin).
truepenny's of london ltd Estimated Valuation
Pomanda estimates the enterprise value of TRUEPENNY'S OF LONDON LTD at £0 based on Net Assets of £-204.3k and 1.91x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Truepenny's Of London Ltd Overview
Truepenny's Of London Ltd is a live company located in london, SE10 9HU with a Companies House number of 10594437. It operates in the real estate agencies sector, SIC Code 68310. Founded in February 2017, it's largest shareholder is james callcut with a 50% stake. Truepenny's Of London Ltd is a young, micro sized company, Pomanda has estimated its turnover at £404.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Truepenny's Of London Ltd Health Check
Pomanda's financial health check has awarded Truepenny'S Of London Ltd 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £404.9k, make it smaller than the average company (£1.2m)
- Truepenny's Of London Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (5%)
- Truepenny's Of London Ltd
5% - Industry AVG
Production
with a gross margin of 43.2%, this company has a higher cost of product (82.6%)
- Truepenny's Of London Ltd
82.6% - Industry AVG
Profitability
an operating margin of 12.4% make it more profitable than the average company (9.5%)
- Truepenny's Of London Ltd
9.5% - Industry AVG
Employees
with 7 employees, this is below the industry average (15)
7 - Truepenny's Of London Ltd
15 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
- Truepenny's Of London Ltd
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £57.8k, this is less efficient (£80.2k)
- Truepenny's Of London Ltd
£80.2k - Industry AVG
Debtor Days
it gets paid by customers after 119 days, this is later than average (28 days)
- Truepenny's Of London Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 323 days, this is slower than average (35 days)
- Truepenny's Of London Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Truepenny's Of London Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Truepenny's Of London Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 245.5%, this is a higher level of debt than the average (60.9%)
245.5% - Truepenny's Of London Ltd
60.9% - Industry AVG
TRUEPENNY'S OF LONDON LTD financials
Truepenny'S Of London Ltd's latest turnover from February 2023 is estimated at £404.9 thousand and the company has net assets of -£204.3 thousand. According to their latest financial statements, Truepenny'S Of London Ltd has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| 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 | 7 | 7 | 8 | 8 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 7,389 | 46,337 | 94,230 | 152,958 | 77,627 | 7,510 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,389 | 46,337 | 94,230 | 152,958 | 77,627 | 7,510 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 133,017 | 50,808 | 116,146 | 152,086 | 2,801 | 28,237 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 164,348 | 60,224 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 133,017 | 50,808 | 116,146 | 152,086 | 167,149 | 88,461 |
| total assets | 140,406 | 97,145 | 210,376 | 305,044 | 244,776 | 95,971 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 203,673 | 146,228 | 287,281 | 497,442 | 217,906 | 100,273 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 203,673 | 146,228 | 287,281 | 497,442 | 217,906 | 100,273 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 141,074 | 195,851 | 50,000 | 0 | 150,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 141,074 | 195,851 | 50,000 | 0 | 150,000 | 0 |
| total liabilities | 344,747 | 342,079 | 337,281 | 497,442 | 367,906 | 100,273 |
| net assets | -204,341 | -244,934 | -126,905 | -192,398 | -123,130 | -4,302 |
| total shareholders funds | -204,341 | -244,934 | -126,905 | -192,398 | -123,130 | -4,302 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 82,209 | -65,338 | -35,940 | -15,063 | 78,688 | 88,461 |
| Creditors | 57,445 | -141,053 | -210,161 | 279,536 | 117,633 | 100,273 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -54,777 | 145,851 | 50,000 | -150,000 | 150,000 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
truepenny's of london ltd Credit Report and Business Information
Truepenny's Of London Ltd Competitor Analysis
Perform a competitor analysis for truepenny's of london ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SE10 area or any other competitors across 12 key performance metrics.
truepenny's of london ltd Ownership
TRUEPENNY'S OF LONDON LTD group structure
Truepenny'S Of London Ltd has no subsidiary companies.
Ultimate parent company
TRUEPENNY'S OF LONDON LTD
10594437
truepenny's of london ltd directors
Truepenny'S Of London Ltd currently has 1 director, Mr Ryan Vella serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ryan Vella | United Kingdom | 42 years | Feb 2017 | - | Director |
P&L
February 2023turnover
404.9k
+50%
operating profit
50.1k
0%
gross margin
43.2%
-14.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-204.3k
-0.17%
total assets
140.4k
+0.45%
cash
0
0%
net assets
Total assets minus all liabilities
truepenny's of london ltd company details
company number
10594437
Type
Private limited with Share Capital
industry
68310 - Real estate agencies
incorporation date
February 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2023
previous names
truepenny's charlton ltd (August 2017)
accountant
RBS ACCOUNTANTS LIMITED
auditor
-
address
38 king william walk greenwich, london, SE10 9HU
Bank
-
Legal Advisor
-
truepenny's of london 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 truepenny's of london ltd.
truepenny's of london ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
