Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
15 newland, lincoln, LN1 1XG
Website
-
touch global holding ltdEstimated Valuation
£20m
Pomanda estimates the enterprise value of TOUCH GLOBAL HOLDING LTD at £20m based on a Turnover of £19.7m and 1.02x industry multiple (adjusted for size and gross margin).
touch global holding ltdEstimated Valuation
£8.8m
Pomanda estimates the enterprise value of TOUCH GLOBAL HOLDING LTD at £8.8m based on an EBITDA of £2.1m and a 4.29x industry multiple (adjusted for size and gross margin).
touch global holding ltdEstimated Valuation
£26.5m
Pomanda estimates the enterprise value of TOUCH GLOBAL HOLDING LTD at £26.5m based on Net Assets of £20.9m and 1.27x industry multiple (adjusted for liquidity).
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Touch Global Holding LtdOverview
Touch Global Holding Ltd is a live company located in lincoln, LN1 1XG with a Companies House number of 10873223. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2017, it's largest shareholder is
shengsong simon mei
with a 60% stake. Touch Global Holding Ltd is a young,
mid sized company, Pomanda has estimated its turnover at
£19.7m with
declining
growth in recent years.
Pomanda's financial health check has awarded Touch Global Holding Ltd 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 Rating5out of 5
7 Strong
1 Regular
4 Weak
Size
annual sales of £19.7m, make it in line with the average company (£19.3m)
£19.7m - Touch Global Holding Ltd
£19.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (12.1%)
-28% - Touch Global Holding Ltd
12.1% - Industry AVG
Production
with a gross margin of 13.6%, this company has a higher cost of product (34.8%)
13.6% - Touch Global Holding Ltd
34.8% - Industry AVG
Profitability
an operating margin of 10.4% make it more profitable than the average company (4.5%)
10.4% - Touch Global Holding Ltd
4.5% - Industry AVG
Employees
with 58 employees, this is below the industry average (106)
58 - Touch Global Holding Ltd
106 - Industry AVG
Pay Structure
on an average salary of £28.6k, the company has a lower pay structure (£44.9k)
£28.6k - Touch Global Holding Ltd
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £340.1k, this is more efficient (£192.8k)
£340.1k - Touch Global Holding Ltd
£192.8k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (44 days)
16 days - Touch Global Holding Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (43 days)
24 days - Touch Global Holding Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (36 days)
0 days - Touch Global Holding Ltd
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 39 weeks, this is more cash available to meet short term requirements (13 weeks)
39 weeks - Touch Global Holding Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.4%, this is a lower level of debt than the average (68.7%)
38.4% - Touch Global Holding Ltd
68.7% - Industry AVG
TOUCH GLOBAL HOLDING LTD financials
EXPORT
Touch Global Holding Ltd's latest turnover from April 2024 is £19.7 million and the company has net assets of £20.9 million. According to their latest financial statements, Touch Global Holding Ltd has 58 employees and maintains cash reserves of £9.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Dec 2019
Dec 2018
Turnover
19,726,899
21,074,872
30,608,354
52,716,364
22,751,026
Other Income Or Grants
Cost Of Sales
17,044,089
18,337,537
26,718,601
40,627,522
18,174,076
Gross Profit
2,682,810
2,737,335
3,889,753
12,088,842
4,576,950
Admin Expenses
627,131
275,352
959,535
2,190,421
1,105,407
-108,276
Operating Profit
2,055,679
2,461,983
2,930,218
9,898,421
3,471,543
108,276
Interest Payable
291
8,456
21,858
159
Interest Receivable
740,432
213,378
3,124
9,192
12,953
13,320
Pre-Tax Profit
2,795,820
2,666,905
2,911,484
9,907,613
3,484,337
121,596
Tax
-649,310
-476,360
-616,036
-1,814,502
-639,095
-23,103
Profit After Tax
2,146,510
2,190,545
2,295,448
8,093,111
2,845,242
98,493
Dividends Paid
74,000
Retained Profit
2,146,510
2,190,545
2,221,448
8,093,111
2,845,242
98,493
Employee Costs
1,656,940
1,482,577
1,437,713
1,363,677
933,011
Number Of Employees
58
58
67
72
43
EBITDA*
2,050,933
2,480,578
2,907,511
9,902,599
3,838,461
108,276
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Dec 2019
Dec 2018
Tangible Assets
852,703
929,636
840,657
898,951
896,775
Intangible Assets
-758,171
-962,531
-1,166,891
-1,371,251
-1,613,573
Investments & Other
265
Debtors (Due After 1 year)
1,318,000
Total Fixed Assets
94,532
-32,895
-326,234
-472,300
601,202
265
Stock & work in progress
1,000
1,000
2,422,430
1,901,189
Trade Debtors
879,367
820,343
3,633,454
39,259
270,359
Group Debtors
1,298,000
Misc Debtors
23,185,474
16,487,209
7,393,328
4,971,088
2,037,771
Cash
9,721,720
7,874,225
10,904,728
11,789,759
4,007,403
3,551,993
misc current assets
total current assets
33,787,561
25,182,777
21,931,510
19,222,536
8,216,722
4,849,993
total assets
33,882,093
25,149,882
21,605,276
18,750,236
8,817,924
4,850,258
Bank overdraft
Bank loan
Trade Creditors
1,158,878
1,676,049
4,170,024
1,525,193
1,949,658
Group/Directors Accounts
52,688
4,720,000
other short term finances
hp & lease commitments
other current liabilities
11,637,964
4,522,362
699,951
2,769,495
582,355
31,500
total current liabilities
12,796,842
6,198,411
4,869,975
4,347,376
2,532,013
4,751,500
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
196,296
209,026
183,401
72,408
48,570
total long term liabilities
196,296
209,026
183,401
72,408
48,570
total liabilities
12,993,138
6,407,437
5,053,376
4,419,784
2,580,583
4,751,500
net assets
20,888,955
18,742,445
16,551,900
14,330,452
6,237,341
98,758
total shareholders funds
20,888,955
18,742,445
16,551,900
14,330,452
6,237,341
98,758
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Dec 2019
Dec 2018
Operating Activities
Operating Profit
2,055,679
2,461,983
2,930,218
9,898,421
3,471,543
108,276
Depreciation
199,614
222,955
181,653
273,140
165,222
Amortisation
-204,360
-204,360
-204,360
-268,962
201,696
Tax
-649,310
-476,360
-616,036
-1,814,502
-639,095
-23,103
Stock
1,000
-2,422,430
2,422,430
1,901,189
Debtors
6,757,289
6,280,770
6,016,435
5,010,347
2,328,130
1,298,000
Creditors
-517,171
-2,493,975
2,644,831
1,525,193
1,949,658
Accruals and Deferred Income
7,115,602
3,822,411
-2,069,544
2,769,495
550,855
31,500
Deferred Taxes & Provisions
-12,730
25,625
110,993
72,408
48,570
Cash flow from operations
1,230,035
-2,923,491
-616,250
5,022,416
1,519,130
-1,181,327
Investing Activities
capital expenditure
Change in Investments
-265
265
cash flow from investments
265
-265
Financing Activities
Bank loans
Group/Directors Accounts
-52,688
52,688
-4,720,000
4,720,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
6,237,341
3,293,341
265
interest
740,141
204,922
-18,734
9,192
12,794
13,320
cash flow from financing
740,141
204,922
-71,422
6,299,221
-1,413,865
4,733,585
cash and cash equivalents
cash
1,847,495
-3,030,503
-885,031
11,789,759
455,410
3,551,993
overdraft
change in cash
1,847,495
-3,030,503
-885,031
11,789,759
455,410
3,551,993
touch global holding ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for touch global holding ltd. Get real-time insights into touch global holding ltd's credit score, group structure and payment trends.
Perform a competitor analysis for touch global holding ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in LN1 area or any other competitors across 12 key performance metrics.
touch global holding ltd Ownership
TOUCH GLOBAL HOLDING LTD group structure
Touch Global Holding Ltd has 2 subsidiary companies.
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
WRIGHT VIGAR LIMITED
address
15 newland, lincoln, LN1 1XG
Bank
-
Legal Advisor
-
touch global holding 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 found 2 charges/mortgages relating to touch global holding ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
touch global holding 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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touch global holding ltdCompanies House Filings - See Documents
