turner rooms limited
turner rooms limited Company Information
Company Number
10882682
Next Accounts
Dec 2025
Shareholders
turner contemporary
Group Structure
View All
Industry
Other accommodation
+1Registered Address
the rendezvous, margate, CT9 1HG
Website
www.turnercontemporary.co.ukturner rooms limited Estimated Valuation
Pomanda estimates the enterprise value of TURNER ROOMS LIMITED at £70.8k based on a Turnover of £60.7k and 1.17x industry multiple (adjusted for size and gross margin).
turner rooms limited Estimated Valuation
Pomanda estimates the enterprise value of TURNER ROOMS LIMITED at £0 based on an EBITDA of £-60 and a 4.88x industry multiple (adjusted for size and gross margin).
turner rooms limited Estimated Valuation
Pomanda estimates the enterprise value of TURNER ROOMS LIMITED at £0 based on Net Assets of £-2k and 2x industry multiple (adjusted for liquidity).
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Turner Rooms Limited Overview
Turner Rooms Limited is a live company located in margate, CT9 1HG with a Companies House number of 10882682. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in July 2017, it's largest shareholder is turner contemporary with a 100% stake. Turner Rooms Limited is a young, micro sized company, Pomanda has estimated its turnover at £60.7k with declining growth in recent years.
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Turner Rooms Limited Health Check
Pomanda's financial health check has awarded Turner Rooms Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 4 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
4 Weak
Size
annual sales of £60.7k, make it smaller than the average company (£3.2m)
- Turner Rooms Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (19.2%)
- Turner Rooms Limited
19.2% - Industry AVG
Production
with a gross margin of 59.4%, this company has a comparable cost of product (59.4%)
- Turner Rooms Limited
59.4% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (7%)
- Turner Rooms Limited
7% - Industry AVG
Employees
with 1 employees, this is below the industry average (56)
1 - Turner Rooms Limited
56 - Industry AVG
Pay Structure
on an average salary of £24.4k, the company has an equivalent pay structure (£24.4k)
- Turner Rooms Limited
£24.4k - Industry AVG
Efficiency
resulting in sales per employee of £60.7k, this is equally as efficient (£60.7k)
- Turner Rooms Limited
£60.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Turner Rooms Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Turner Rooms Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Turner Rooms Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Turner Rooms Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Turner Rooms Limited
- - Industry AVG
TURNER ROOMS LIMITED financials
Turner Rooms Limited's latest turnover from March 2024 is estimated at £60.7 thousand and the company has net assets of -£2 thousand. According to their latest financial statements, Turner Rooms Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | |||||||
| Stock & work in progress | |||||||
| Trade Debtors | |||||||
| Group Debtors | |||||||
| Misc Debtors | |||||||
| Cash | |||||||
| misc current assets | |||||||
| total current assets | |||||||
| total assets | |||||||
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | |||||||
| Group/Directors Accounts | 2,029 | 1,969 | 1,969 | 1,594 | 1,182 | 352 | 139 |
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 2,029 | 1,969 | 1,969 | 1,594 | 1,182 | 352 | 139 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 2,029 | 1,969 | 1,969 | 1,594 | 1,182 | 352 | 139 |
| net assets | -2,029 | -1,969 | -1,969 | -1,594 | -1,182 | -352 | -139 |
| total shareholders funds | -2,029 | -1,969 | -1,969 | -1,594 | -1,182 | -352 | -139 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | |||||||
| Creditors | |||||||
| Accruals and Deferred Income | |||||||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 60 | 375 | 412 | 830 | 213 | 139 | |
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | |||||||
| overdraft | |||||||
| change in cash |
turner rooms limited Credit Report and Business Information
Turner Rooms Limited Competitor Analysis
Perform a competitor analysis for turner rooms limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in CT9 area or any other competitors across 12 key performance metrics.
turner rooms limited Ownership
TURNER ROOMS LIMITED group structure
Turner Rooms Limited has no subsidiary companies.
turner rooms limited directors
Turner Rooms Limited currently has 2 directors. The longest serving directors include Mr Matthew Slotover (Mar 2023) and Mrs Clarrie Wallis (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Slotover | 56 years | Mar 2023 | - | Director | |
| Mrs Clarrie Wallis | 57 years | Aug 2023 | - | Director |
P&L
March 2024turnover
60.7k
+6%
operating profit
-60
0%
gross margin
59.4%
-0.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-2k
+0.03%
total assets
0
0%
cash
0
0%
net assets
Total assets minus all liabilities
turner rooms limited company details
company number
10882682
Type
Private limited with Share Capital
industry
55900 - Other accommodation
55100 - Hotels and similar accommodation
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
the rendezvous, margate, CT9 1HG
Bank
-
Legal Advisor
-
turner rooms 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 did not find charges/mortgages relating to turner rooms limited.
turner rooms 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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turner rooms limited Companies House Filings - See Documents
| date | description | view/download |
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