trinamic engineering ltd
trinamic engineering ltd Company Information
Group Structure
View All
Industry
Other manufacturing n.e.c.
Registered Address
suite 5, 2nd floor, regent centre, gosforth, newcastle upon tyne, NE3 3LS
trinamic engineering ltd Estimated Valuation
Pomanda estimates the enterprise value of TRINAMIC ENGINEERING LTD at £127.2k based on a Turnover of £186k and 0.68x industry multiple (adjusted for size and gross margin).
trinamic engineering ltd Estimated Valuation
Pomanda estimates the enterprise value of TRINAMIC ENGINEERING LTD at £50.4k based on an EBITDA of £10.6k and a 4.76x industry multiple (adjusted for size and gross margin).
trinamic engineering ltd Estimated Valuation
Pomanda estimates the enterprise value of TRINAMIC ENGINEERING LTD at £38.4k based on Net Assets of £17.5k and 2.19x industry multiple (adjusted for liquidity).
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Trinamic Engineering Ltd Overview
Trinamic Engineering Ltd is a live company located in newcastle upon tyne, NE3 3LS with a Companies House number of 10851718. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in July 2017, it's largest shareholder is phillip battensby with a 100% stake. Trinamic Engineering Ltd is a young, micro sized company, Pomanda has estimated its turnover at £186k with declining growth in recent years.
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Trinamic Engineering Ltd Health Check
Pomanda's financial health check has awarded Trinamic Engineering Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
7 Weak
Size
annual sales of £186k, make it smaller than the average company (£12.9m)
- Trinamic Engineering Ltd
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (4.7%)
- Trinamic Engineering Ltd
4.7% - Industry AVG
Production
with a gross margin of 29.8%, this company has a comparable cost of product (29.8%)
- Trinamic Engineering Ltd
29.8% - Industry AVG
Profitability
an operating margin of 4.9% make it less profitable than the average company (6.3%)
- Trinamic Engineering Ltd
6.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (70)
2 - Trinamic Engineering Ltd
70 - Industry AVG
Pay Structure
on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)
- Trinamic Engineering Ltd
£40.6k - Industry AVG
Efficiency
resulting in sales per employee of £93k, this is less efficient (£174.9k)
- Trinamic Engineering Ltd
£174.9k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (56 days)
- Trinamic Engineering Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (45 days)
- Trinamic Engineering Ltd
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Trinamic Engineering Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Trinamic Engineering Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.4%, this is a higher level of debt than the average (49.9%)
91.4% - Trinamic Engineering Ltd
49.9% - Industry AVG
TRINAMIC ENGINEERING LTD financials
Trinamic Engineering Ltd's latest turnover from July 2023 is estimated at £186 thousand and the company has net assets of £17.5 thousand. According to their latest financial statements, Trinamic Engineering Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 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 | 2 | 4 | 4 | 4 | 4 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 1,573 | 11,717 | 28,769 | 45,821 | 51,803 |
| 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 | 0 | 1,573 | 11,717 | 28,769 | 45,821 | 51,803 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 23,918 | 21,030 | 29,196 | 31,133 | 19,384 | 38,673 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 178,883 | 175,721 | 121,739 | 60,096 | 28,839 | 14,805 |
| Cash | 0 | 0 | 5,059 | 26,032 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 202,801 | 196,751 | 155,994 | 117,261 | 48,223 | 53,478 |
| total assets | 202,801 | 198,324 | 167,711 | 146,030 | 94,044 | 105,281 |
| Bank overdraft | 7,752 | 8,779 | 0 | 0 | 4,412 | 2,573 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,917 | 5,485 | 20,567 | 9,230 | 18,377 | 6,944 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 17,195 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 726 | 9,318 | 13,200 | 13,200 | 13,200 | 13,200 |
| other current liabilities | 132,507 | 123,892 | 69,522 | 33,188 | 34,926 | 13,403 |
| total current liabilities | 148,902 | 147,474 | 103,289 | 55,618 | 70,915 | 53,315 |
| loans | 36,352 | 36,389 | 48,503 | 50,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 8,080 | 22,430 | 36,782 | 48,792 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 36,352 | 36,389 | 56,583 | 72,430 | 36,782 | 48,792 |
| total liabilities | 185,254 | 183,863 | 159,872 | 128,048 | 107,697 | 102,107 |
| net assets | 17,547 | 14,461 | 7,839 | 17,982 | -13,653 | 3,174 |
| total shareholders funds | 17,547 | 14,461 | 7,839 | 17,982 | -13,653 | 3,174 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 1,573 | 10,144 | 17,052 | 17,052 | 15,432 | 7,553 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 6,050 | 45,816 | 59,706 | 43,006 | -5,255 | 53,478 |
| Creditors | 2,432 | -15,082 | 11,337 | -9,147 | 11,433 | 6,944 |
| Accruals and Deferred Income | 8,615 | 54,370 | 36,334 | -1,738 | 21,523 | 13,403 |
| 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 | -17,195 | 17,195 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -37 | -12,114 | -1,497 | 50,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | -8,592 | -11,962 | -14,350 | -14,352 | -12,010 | 61,992 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | -5,059 | -20,973 | 26,032 | 0 | 0 |
| overdraft | -1,027 | 8,779 | 0 | -4,412 | 1,839 | 2,573 |
| change in cash | 1,027 | -13,838 | -20,973 | 30,444 | -1,839 | -2,573 |
trinamic engineering ltd Credit Report and Business Information
Trinamic Engineering Ltd Competitor Analysis
Perform a competitor analysis for trinamic engineering ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NE3 area or any other competitors across 12 key performance metrics.
trinamic engineering ltd Ownership
TRINAMIC ENGINEERING LTD group structure
Trinamic Engineering Ltd has no subsidiary companies.
Ultimate parent company
TRINAMIC ENGINEERING LTD
10851718
trinamic engineering ltd directors
Trinamic Engineering Ltd currently has 1 director, Mr Phillip Battensby serving since Jul 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Phillip Battensby | 29 years | Jul 2017 | - | Director |
P&L
July 2023turnover
186k
-31%
operating profit
9k
0%
gross margin
29.8%
-1.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
17.5k
+0.21%
total assets
202.8k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
trinamic engineering ltd company details
company number
10851718
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
northumbria manufacturing limited (June 2020)
accountant
-
auditor
-
address
suite 5, 2nd floor, regent centre, gosforth, newcastle upon tyne, NE3 3LS
Bank
-
Legal Advisor
-
trinamic engineering 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 trinamic engineering ltd.
trinamic engineering 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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trinamic engineering ltd Companies House Filings - See Documents
| date | description | view/download |
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