t.j. wholesale t/a houghtons of london ltd

t.j. wholesale t/a houghtons of london ltd Company Information

Share T.J. WHOLESALE T/A HOUGHTONS OF LONDON LTD
Live 
YoungMidRapid

Company Number

10887815

Industry

Wholesale of fruit and vegetables

 

Shareholders

houghtons holdings limited

Group Structure

View All

Contact

Registered Address

chenies okewood hill, dorking, RH5 5NB

Website

-

t.j. wholesale t/a houghtons of london ltd Estimated Valuation

£5.1m

Pomanda estimates the enterprise value of T.J. WHOLESALE T/A HOUGHTONS OF LONDON LTD at £5.1m based on a Turnover of £14.1m and 0.36x industry multiple (adjusted for size and gross margin).

t.j. wholesale t/a houghtons of london ltd Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of T.J. WHOLESALE T/A HOUGHTONS OF LONDON LTD at £2.8m based on an EBITDA of £609.4k and a 4.62x industry multiple (adjusted for size and gross margin).

t.j. wholesale t/a houghtons of london ltd Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of T.J. WHOLESALE T/A HOUGHTONS OF LONDON LTD at £3.4m based on Net Assets of £1.8m and 1.91x industry multiple (adjusted for liquidity).

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T.j. Wholesale T/a Houghtons Of London Ltd Overview

T.j. Wholesale T/a Houghtons Of London Ltd is a live company located in dorking, RH5 5NB with a Companies House number of 10887815. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in July 2017, it's largest shareholder is houghtons holdings limited with a 100% stake. T.j. Wholesale T/a Houghtons Of London Ltd is a young, mid sized company, Pomanda has estimated its turnover at £14.1m with rapid growth in recent years.

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T.j. Wholesale T/a Houghtons Of London Ltd Health Check

Pomanda's financial health check has awarded T.J. Wholesale T/A Houghtons Of London Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £14.1m, make it smaller than the average company (£23.9m)

£14.1m - T.j. Wholesale T/a Houghtons Of London Ltd

£23.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 59%, show it is growing at a faster rate (8.2%)

59% - T.j. Wholesale T/a Houghtons Of London Ltd

8.2% - Industry AVG

production

Production

with a gross margin of 12.8%, this company has a comparable cost of product (12.8%)

12.8% - T.j. Wholesale T/a Houghtons Of London Ltd

12.8% - Industry AVG

profitability

Profitability

an operating margin of 3.5% make it more profitable than the average company (2.6%)

3.5% - T.j. Wholesale T/a Houghtons Of London Ltd

2.6% - Industry AVG

employees

Employees

with 48 employees, this is similar to the industry average (41)

48 - T.j. Wholesale T/a Houghtons Of London Ltd

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.4k, the company has an equivalent pay structure (£37.4k)

£37.4k - T.j. Wholesale T/a Houghtons Of London Ltd

£37.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £294.3k, this is less efficient (£492.9k)

£294.3k - T.j. Wholesale T/a Houghtons Of London Ltd

£492.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 45 days, this is later than average (35 days)

45 days - T.j. Wholesale T/a Houghtons Of London Ltd

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is slower than average (34 days)

38 days - T.j. Wholesale T/a Houghtons Of London Ltd

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (8 days)

0 days - T.j. Wholesale T/a Houghtons Of London Ltd

8 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (13 weeks)

20 weeks - T.j. Wholesale T/a Houghtons Of London Ltd

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.4%, this is a lower level of debt than the average (61.1%)

49.4% - T.j. Wholesale T/a Houghtons Of London Ltd

61.1% - Industry AVG

T.J. WHOLESALE T/A HOUGHTONS OF LONDON LTD financials

EXPORTms excel logo

T.J. Wholesale T/A Houghtons Of London Ltd's latest turnover from March 2024 is estimated at £14.1 million and the company has net assets of £1.8 million. According to their latest financial statements, T.J. Wholesale T/A Houghtons Of London Ltd has 48 employees and maintains cash reserves of £649.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jul 2018
Turnover14,128,38214,802,57010,824,8673,489,004763,7434,218,7042,815,734
Other Income Or Grants0000000
Cost Of Sales12,318,76112,973,2029,537,3303,096,994677,1663,776,4292,521,360
Gross Profit1,809,6211,829,3681,287,537392,01086,576442,275294,373
Admin Expenses1,321,6901,229,569340,991241,822217,811389,519150,384
Operating Profit487,931599,799946,546150,188-131,23552,756143,989
Interest Payable3,5634,2713,2631,525017,72217,066
Interest Receivable24,86819,2813,3161376504
Pre-Tax Profit509,236614,809946,600148,800-131,22935,084126,927
Tax-127,309-116,814-179,854-28,2720-6,666-24,116
Profit After Tax381,927497,995766,746120,528-131,22928,418102,811
Dividends Paid0000000
Retained Profit381,927497,995766,746120,528-131,22928,418102,811
Employee Costs1,795,7751,661,844866,34194,95661,286307,122286,258
Number Of Employees48482732109
EBITDA*609,450704,5951,017,387165,537-131,23552,756143,989

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jul 2018
Tangible Assets428,874392,868212,52346,046000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets428,874392,868212,52346,046000
Stock & work in progress29,31529,31529,31510,000003,420
Trade Debtors1,747,7511,846,1851,452,610448,9670426,608608,091
Group Debtors423,975122,00000000
Misc Debtors210,915520,559497,95842,487100126,31345,777
Cash649,859297,491609,844274,460011,8751,483
misc current assets0000000
total current assets3,061,8152,815,5502,589,727775,914100564,796658,771
total assets3,490,6893,208,4182,802,250821,960100564,796658,771
Bank overdraft26,66710,00010,0001,667000
Bank loan0000000
Trade Creditors 1,291,1171,362,0441,126,710435,52100286
Group/Directors Accounts41,50000100,000000
other short term finances0000000
hp & lease commitments56,79539,48500000
other current liabilities240,917251,259701,120107,0620433,46730,468
total current liabilities1,656,9961,662,7881,837,830644,2500433,46730,754
loans026,66736,66748,33300525,106
hp & lease commitments056,79500000
Accruals and Deferred Income0000000
other liabilities0000000
provisions66,39776,79940,3798,749000
total long term liabilities66,397160,26177,04657,08200525,106
total liabilities1,723,3931,823,0491,914,876701,3320433,467555,860
net assets1,767,2961,385,369887,374120,628100131,329102,911
total shareholders funds1,767,2961,385,369887,374120,628100131,329102,911
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jul 2018
Operating Activities
Operating Profit487,931599,799946,546150,188-131,23552,756143,989
Depreciation121,51999,79670,84115,349000
Amortisation05,00000000
Tax-127,309-116,814-179,854-28,2720-6,666-24,116
Stock0019,31510,0000-3,4203,420
Debtors-106,103538,1761,459,114491,354-552,821-100,947653,868
Creditors-70,927235,334691,189435,5210-286286
Accruals and Deferred Income-10,342-449,861594,058107,062-433,467402,99930,468
Deferred Taxes & Provisions-10,40236,42031,6308,749000
Cash flow from operations496,573-128,502675,981187,243-11,881553,170-506,661
Investing Activities
capital expenditure-157,525-285,141-237,318-61,395000
Change in Investments0000000
cash flow from investments-157,525-285,141-237,318-61,395000
Financing Activities
Bank loans0000000
Group/Directors Accounts41,5000-100,000100,000000
Other Short Term Loans 0000000
Long term loans-26,667-10,000-11,66648,3330-525,106525,106
Hire Purchase and Lease Commitments-39,48596,28000000
other long term liabilities0000000
share issue000000100
interest21,30515,01053-1,3886-17,672-17,062
cash flow from financing-3,347101,290-111,613146,9456-542,778508,144
cash and cash equivalents
cash352,368-312,353335,384274,460-11,87510,3921,483
overdraft16,66708,3331,667000
change in cash335,701-312,353327,051272,793-11,87510,3921,483

t.j. wholesale t/a houghtons of london 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 t.j. wholesale t/a houghtons of london ltd. Get real-time insights into t.j. wholesale t/a houghtons of london ltd's credit score, group structure and payment trends.

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T.j. Wholesale T/a Houghtons Of London Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for t.j. wholesale t/a houghtons of london ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in RH5 area or any other competitors across 12 key performance metrics.

t.j. wholesale t/a houghtons of london ltd Ownership

T.J. WHOLESALE T/A HOUGHTONS OF LONDON LTD group structure

T.J. Wholesale T/A Houghtons Of London Ltd has no subsidiary companies.

Ultimate parent company

1 parent

T.J. WHOLESALE T/A HOUGHTONS OF LONDON LTD

10887815

T.J. WHOLESALE T/A HOUGHTONS OF LONDON LTD Shareholders

houghtons holdings limited 100%

t.j. wholesale t/a houghtons of london ltd directors

T.J. Wholesale T/A Houghtons Of London Ltd currently has 2 directors. The longest serving directors include Mrs Debbie Houghton (Jul 2017) and Mr Stacey Houghton (Jul 2017).

officercountryagestartendrole
Mrs Debbie HoughtonEngland52 years Jul 2017- Director
Mr Stacey HoughtonEngland47 years Jul 2017- Director

P&L

March 2024

turnover

14.1m

-5%

operating profit

487.9k

0%

gross margin

12.9%

+3.64%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

1.8m

+0.28%

total assets

3.5m

+0.09%

cash

649.9k

+1.18%

net assets

Total assets minus all liabilities

t.j. wholesale t/a houghtons of london ltd company details

company number

10887815

Type

Private limited with Share Capital

industry

46310 - Wholesale of fruit and vegetables

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

ALLAN G HILL & PARTNERS

auditor

-

address

chenies okewood hill, dorking, RH5 5NB

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

t.j. wholesale t/a houghtons 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 found 4 charges/mortgages relating to t.j. wholesale t/a houghtons of london ltd. Currently there are 2 open charges and 2 have been satisfied in the past.

t.j. wholesale t/a houghtons of london 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.

Click to start generating capital raising & share issue transactions for T.J. WHOLESALE T/A HOUGHTONS OF LONDON LTD. This can take several minutes, an email will notify you when this has completed.

t.j. wholesale t/a houghtons of london ltd Companies House Filings - See Documents

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