subcoal production tsp ltd
subcoal production tsp ltd Company Information
Company Number
10767029
Next Accounts
Jun 2025
Industry
Recovery of sorted materials
Shareholders
n&p uk pruduction holding ltd
Group Structure
View All
Contact
Registered Address
century wharf crayford creek, dartford, kent, DA1 4QG
subcoal production tsp ltd Estimated Valuation
Pomanda estimates the enterprise value of SUBCOAL PRODUCTION TSP LTD at £27.4m based on a Turnover of £17.1m and 1.6x industry multiple (adjusted for size and gross margin).
subcoal production tsp ltd Estimated Valuation
Pomanda estimates the enterprise value of SUBCOAL PRODUCTION TSP LTD at £17.8m based on an EBITDA of £1.7m and a 10.46x industry multiple (adjusted for size and gross margin).
subcoal production tsp ltd Estimated Valuation
Pomanda estimates the enterprise value of SUBCOAL PRODUCTION TSP LTD at £0 based on Net Assets of £-25.4m and 2.34x industry multiple (adjusted for liquidity).
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Subcoal Production Tsp Ltd Overview
Subcoal Production Tsp Ltd is a live company located in kent, DA1 4QG with a Companies House number of 10767029. It operates in the recovery of sorted materials sector, SIC Code 38320. Founded in May 2017, it's largest shareholder is n&p uk pruduction holding ltd with a 100% stake. Subcoal Production Tsp Ltd is a young, mid sized company, Pomanda has estimated its turnover at £17.1m with rapid growth in recent years.
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Subcoal Production Tsp Ltd Health Check
Pomanda's financial health check has awarded Subcoal Production Tsp Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £17.1m, make it larger than the average company (£14m)
£17.1m - Subcoal Production Tsp Ltd
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of 83%, show it is growing at a faster rate (10.7%)
- Subcoal Production Tsp Ltd
10.7% - Industry AVG
Production
with a gross margin of 67.1%, this company has a lower cost of product (22.8%)
67.1% - Subcoal Production Tsp Ltd
22.8% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (7.2%)
-0.2% - Subcoal Production Tsp Ltd
7.2% - Industry AVG
Employees
with 67 employees, this is above the industry average (34)
67 - Subcoal Production Tsp Ltd
34 - Industry AVG
Pay Structure
on an average salary of £36.6k, the company has an equivalent pay structure (£38.4k)
£36.6k - Subcoal Production Tsp Ltd
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £255.1k, this is less efficient (£367.3k)
£255.1k - Subcoal Production Tsp Ltd
£367.3k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (35 days)
47 days - Subcoal Production Tsp Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 162 days, this is slower than average (34 days)
162 days - Subcoal Production Tsp Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 129 days, this is more than average (14 days)
129 days - Subcoal Production Tsp Ltd
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Subcoal Production Tsp Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 171%, this is a higher level of debt than the average (51.7%)
171% - Subcoal Production Tsp Ltd
51.7% - Industry AVG
SUBCOAL PRODUCTION TSP LTD financials
Subcoal Production Tsp Ltd's latest turnover from September 2023 is £17.1 million and the company has net assets of -£25.4 million. According to their latest financial statements, Subcoal Production Tsp Ltd has 67 employees and maintains cash reserves of £368.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 17,091,706 | 13,739,620 | |||||
| Other Income Or Grants | 0 | 0 | |||||
| Cost Of Sales | 5,628,902 | 4,973,126 | |||||
| Gross Profit | 11,462,804 | 8,766,494 | |||||
| Admin Expenses | 11,505,360 | 15,174,864 | |||||
| Operating Profit | -42,556 | -6,408,370 | |||||
| Interest Payable | 3,409,399 | 3,535,146 | |||||
| Interest Receivable | 16,487 | 0 | |||||
| Pre-Tax Profit | -3,435,468 | -9,943,516 | |||||
| Tax | 673,876 | 1,176,014 | |||||
| Profit After Tax | -2,761,592 | -8,767,502 | |||||
| Dividends Paid | 0 | 0 | |||||
| Retained Profit | -2,761,592 | -8,767,502 | |||||
| Employee Costs | 2,452,199 | 2,732,566 | |||||
| Number Of Employees | 67 | 68 | 34 | 21 | 16 | 4 | 2 |
| EBITDA* | 1,699,151 | -4,374,752 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 18,279,351 | 18,191,050 | 16,256,837 | 15,018,654 | 14,229,922 | 4,458,374 | 650,000 |
| Intangible Assets | 1,517,804 | 1,664,685 | 1,860,527 | 1,875,774 | 1,613,489 | 687,927 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 3,717,317 | 4,412,559 | 4,479,292 | 1,474,938 | 0 | 0 | 0 |
| Total Fixed Assets | 23,514,472 | 24,268,294 | 22,596,656 | 18,369,366 | 15,843,411 | 5,146,301 | 650,000 |
| Stock & work in progress | 1,995,422 | 1,045,031 | 113,447 | 11,568 | 6,138 | 0 | 0 |
| Trade Debtors | 2,207,597 | 1,718,516 | 1,450,790 | 0 | 0 | 0 | 0 |
| Group Debtors | 4,352,093 | 1,462,992 | 107,376 | 100 | 100 | 100 | 100 |
| Misc Debtors | 3,386,227 | 2,763,715 | 1,270,558 | 1,378,797 | 2,446,861 | 1,687,865 | 314,585 |
| Cash | 368,314 | 493,089 | 66,216 | 7,361 | 44,673 | 41,485 | 26,773 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,309,653 | 7,483,343 | 3,008,387 | 1,397,826 | 2,497,772 | 1,729,450 | 341,458 |
| total assets | 35,824,125 | 31,751,637 | 25,605,043 | 19,767,192 | 18,341,183 | 6,875,751 | 991,458 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,510,653 | 1,611,585 | 1,113,641 | 338,341 | 104,511 | 706,915 | 0 |
| Group/Directors Accounts | 57,631,970 | 51,406,060 | 37,038,413 | 0 | 20,112,053 | 4,223,668 | 456,832 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 166,209 | 315,230 | 278,183 | 234,436 | 202,177 | 0 | 0 |
| other current liabilities | 936,690 | 1,002,645 | 690,413 | 109,228 | 61,745 | 36,464 | 31,138 |
| total current liabilities | 61,245,522 | 54,335,520 | 39,120,650 | 682,005 | 20,480,486 | 4,967,047 | 487,970 |
| loans | 0 | 0 | 0 | 25,805,508 | 0 | 3,324,705 | 808,120 |
| hp & lease commitments | 0 | 75,922 | 376,696 | 655,961 | 897,433 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 75,922 | 376,696 | 26,461,469 | 897,433 | 3,324,705 | 808,120 |
| total liabilities | 61,245,522 | 54,411,442 | 39,497,346 | 27,143,474 | 21,377,919 | 8,291,752 | 1,296,090 |
| net assets | -25,421,397 | -22,659,805 | -13,892,303 | -7,376,282 | -3,036,736 | -1,416,001 | -304,632 |
| total shareholders funds | -25,421,397 | -22,659,805 | -13,892,303 | -7,376,282 | -3,036,736 | -1,416,001 | -304,632 |
| Sep 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -42,556 | -6,408,370 | |||||
| Depreciation | 1,594,827 | 1,837,776 | 842,417 | 24,327 | 21,544 | 11,020 | 0 |
| Amortisation | 146,880 | 195,842 | 93,789 | 0 | 0 | 0 | 0 |
| Tax | 673,876 | 1,176,014 | |||||
| Stock | 950,391 | 931,584 | 101,879 | 5,430 | 6,138 | 0 | 0 |
| Debtors | 3,305,452 | 3,049,766 | 4,454,181 | 406,874 | 758,996 | 1,373,280 | 314,685 |
| Creditors | 899,068 | 497,944 | 775,300 | 233,830 | -602,404 | 706,915 | 0 |
| Accruals and Deferred Income | -65,955 | 312,232 | 581,185 | 47,483 | 25,281 | 5,326 | 31,138 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,049,703 | -6,369,912 | |||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 6,225,910 | 14,367,647 | 37,038,413 | -20,112,053 | 15,888,385 | 3,766,836 | 456,832 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -25,805,508 | 25,805,508 | -3,324,705 | 2,516,585 | 808,120 |
| Hire Purchase and Lease Commitments | -224,943 | -263,727 | -235,518 | -209,213 | 1,099,610 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -3,392,912 | -3,535,146 | |||||
| cash flow from financing | 2,608,055 | 10,568,774 | |||||
| cash and cash equivalents | |||||||
| cash | -124,775 | 426,873 | 58,855 | -37,312 | 3,188 | 14,712 | 26,773 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -124,775 | 426,873 | 58,855 | -37,312 | 3,188 | 14,712 | 26,773 |
subcoal production tsp ltd Credit Report and Business Information
Subcoal Production Tsp Ltd Competitor Analysis
Perform a competitor analysis for subcoal production tsp ltd by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other mid companies, companies in DA1 area or any other competitors across 12 key performance metrics.
subcoal production tsp ltd Ownership
SUBCOAL PRODUCTION TSP LTD group structure
Subcoal Production Tsp Ltd has no subsidiary companies.
Ultimate parent company
N&P PRODUCTION HOLDING BV
#0141735
2 parents
SUBCOAL PRODUCTION TSP LTD
10767029
subcoal production tsp ltd directors
Subcoal Production Tsp Ltd currently has 3 directors. The longest serving directors include Mr Jens Jennissen (May 2021) and Mr Lars Jennissen (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jens Jennissen | United Kingdom | 33 years | May 2021 | - | Director |
| Mr Lars Jennissen | United Kingdom | 39 years | May 2021 | - | Director |
| Mr Lars Jennissen | United Kingdom | 39 years | May 2021 | - | Director |
P&L
September 2023turnover
17.1m
+24%
operating profit
-42.6k
-99%
gross margin
67.1%
+5.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-25.4m
+0.12%
total assets
35.8m
+0.13%
cash
368.3k
-0.25%
net assets
Total assets minus all liabilities
subcoal production tsp ltd company details
company number
10767029
Type
Private limited with Share Capital
industry
38320 - Recovery of sorted materials
incorporation date
May 2017
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
n&p tsp ltd (May 2018)
accountant
-
auditor
KRESTON REEVES LLP
address
century wharf crayford creek, dartford, kent, DA1 4QG
Bank
-
Legal Advisor
-
subcoal production tsp 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 subcoal production tsp ltd.
subcoal production tsp 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.
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subcoal production tsp ltd Companies House Filings - See Documents
| date | description | view/download |
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