Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
hambleton steelworks york road, thirsk, north yorkshire, YO7 3BT
Pomanda estimates the enterprise value of THOMPSON STEEL LIMITED at £21.2m based on a Turnover of £18.9m and 1.12x industry multiple (adjusted for size and gross margin).
thompson steel limitedEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of THOMPSON STEEL LIMITED at £1.1m based on an EBITDA of £232.6k and a 4.68x industry multiple (adjusted for size and gross margin).
thompson steel limitedEstimated Valuation
£2.7m
Pomanda estimates the enterprise value of THOMPSON STEEL LIMITED at £2.7m based on Net Assets of £2.1m and 1.31x industry multiple (adjusted for liquidity).
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Thompson Steel LimitedOverview
Thompson Steel Limited is a live company located in north yorkshire, YO7 3BT with a Companies House number of 10997008. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2017, it's largest shareholder is
tomrods trustees limited
with a 92.6% stake. Thompson Steel Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£18.9m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Thompson Steel Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
4 Regular
6 Weak
Size
annual sales of £18.9m, make it in line with the average company (£18.9m)
£18.9m - Thompson Steel Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (10.5%)
5% - Thompson Steel Limited
10.5% - Industry AVG
Production
with a gross margin of 15.3%, this company has a higher cost of product (36.3%)
15.3% - Thompson Steel Limited
36.3% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (4.5%)
-1.3% - Thompson Steel Limited
4.5% - Industry AVG
Employees
with 53 employees, this is below the industry average (104)
53 - Thompson Steel Limited
104 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.7k)
£44.5k - Thompson Steel Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £357.5k, this is more efficient (£191k)
£357.5k - Thompson Steel Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (45 days)
52 days - Thompson Steel Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (44 days)
56 days - Thompson Steel Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 53 days, this is more than average (40 days)
53 days - Thompson Steel Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Thompson Steel Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.4%, this is a similar level of debt than the average (69.6%)
71.4% - Thompson Steel Limited
69.6% - Industry AVG
THOMPSON STEEL LIMITED financials
EXPORT
Thompson Steel Limited's latest turnover from December 2023 is £18.9 million and the company has net assets of £2.1 million. According to their latest financial statements, Thompson Steel Limited has 53 employees and maintains cash reserves of £26.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Turnover
18,947,016
22,570,769
21,792,690
16,295,747
20,988,864
21,395,426
Other Income Or Grants
Cost Of Sales
16,049,080
17,215,634
15,613,551
13,472,517
17,800,855
17,859,444
Gross Profit
2,897,936
5,355,135
6,179,139
2,823,230
3,188,009
3,535,982
Admin Expenses
3,137,249
3,257,371
3,602,053
2,282,021
2,693,872
3,252,760
Operating Profit
-239,313
2,097,764
2,577,086
541,209
494,137
283,222
Interest Payable
168,290
91,876
50,533
94,441
166,026
179,401
Interest Receivable
Pre-Tax Profit
-407,603
2,005,888
2,526,553
446,768
328,111
103,821
Tax
120,862
-409,782
-596,791
-69,699
-67,086
-99,068
Profit After Tax
-286,741
1,596,106
1,929,762
377,069
261,025
4,753
Dividends Paid
2,374,000
Retained Profit
-286,741
1,596,106
-444,238
377,069
261,025
4,753
Employee Costs
2,358,130
2,769,540
3,097,109
2,316,001
2,355,892
2,147,559
Number Of Employees
53
53
55
60
62
59
EBITDA*
232,574
2,500,321
3,008,484
990,787
1,007,138
756,855
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
839,725
1,215,067
858,764
2,830,918
2,962,296
3,110,569
Intangible Assets
749,591
936,988
1,124,385
1,311,782
1,499,179
1,686,576
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,589,316
2,152,055
1,983,149
4,142,700
4,461,475
4,797,145
Stock & work in progress
2,360,388
4,159,348
4,885,676
2,868,381
4,351,007
5,081,827
Trade Debtors
2,744,329
3,200,372
3,641,011
2,790,451
3,590,801
3,754,855
Group Debtors
Misc Debtors
499,205
266,783
719,770
211,421
291,227
193,032
Cash
26,679
138,731
29,605
2,369
22,671
242,241
misc current assets
total current assets
5,630,601
7,765,234
9,276,062
5,872,622
8,255,706
9,271,955
total assets
7,219,917
9,917,289
11,259,211
10,015,322
12,717,181
14,069,100
Bank overdraft
1,656,686
2,797,008
2,708,836
3,772
1,379,682
2,092,559
Bank loan
1,000,000
796,166
129,495
Trade Creditors
2,496,347
1,979,650
2,785,819
2,482,116
3,137,387
2,042,626
Group/Directors Accounts
other short term finances
hp & lease commitments
97,140
176,197
112,219
112,219
125,909
176,535
other current liabilities
550,149
810,535
2,617,525
1,401,499
1,836,591
4,345,935
total current liabilities
4,800,322
5,763,390
8,224,399
4,999,606
7,275,735
8,787,150
loans
798,459
hp & lease commitments
240,759
213,793
175,318
287,537
343,646
383,390
Accruals and Deferred Income
other liabilities
2,500
7,500
12,500
750,000
provisions
116,950
238,979
149,473
119,399
113,589
117,915
total long term liabilities
357,709
455,272
332,291
419,436
1,207,235
1,299,764
total liabilities
5,158,031
6,218,662
8,556,690
5,419,042
8,482,970
10,086,914
net assets
2,061,886
3,698,627
2,702,521
4,596,280
4,234,211
3,982,186
total shareholders funds
2,061,886
3,698,627
2,702,521
4,596,280
4,234,211
3,982,186
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
-239,313
2,097,764
2,577,086
541,209
494,137
283,222
Depreciation
284,490
215,160
244,001
262,181
325,604
286,236
Amortisation
187,397
187,397
187,397
187,397
187,397
187,397
Tax
120,862
-409,782
-596,791
-69,699
-67,086
-99,068
Stock
-1,798,960
-726,328
2,017,295
-1,482,626
-730,820
5,081,827
Debtors
-223,621
-893,626
1,358,909
-880,156
-65,859
3,947,887
Creditors
516,697
-806,169
303,703
-655,271
1,094,761
2,042,626
Accruals and Deferred Income
-260,386
-1,806,990
1,216,026
-435,092
-2,509,344
4,345,935
Deferred Taxes & Provisions
-122,029
89,506
30,074
5,810
-4,326
117,915
Cash flow from operations
2,510,299
1,186,840
585,292
2,199,317
317,822
-1,865,451
Investing Activities
capital expenditure
-3,014,752
Change in Investments
cash flow from investments
-3,014,752
Financing Activities
Bank loans
-1,000,000
203,834
666,671
129,495
Group/Directors Accounts
Other Short Term Loans
Long term loans
-798,459
798,459
Hire Purchase and Lease Commitments
-52,091
102,453
-112,219
-69,799
-90,370
559,925
other long term liabilities
-2,500
-5,000
-5,000
-737,500
750,000
share issue
-1,350,000
-600,000
-1,449,521
-15,000
-9,000
3,977,433
interest
-168,290
-91,876
-50,533
-94,441
-166,026
-179,401
cash flow from financing
-1,572,881
-594,423
-2,617,273
-712,906
352,816
5,285,911
cash and cash equivalents
cash
-112,052
109,126
27,236
-20,302
-219,570
242,241
overdraft
-1,140,322
88,172
2,705,064
-1,375,910
-712,877
2,092,559
change in cash
1,028,270
20,954
-2,677,828
1,355,608
493,307
-1,850,318
thompson steel limited 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 thompson steel limited. Get real-time insights into thompson steel limited's credit score, group structure and payment trends.
Perform a competitor analysis for thompson steel limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in YO7 area or any other competitors across 12 key performance metrics.
The largest shareholders in Thompson Steel Limited include Tomrods Trustees Limited and Julie Catherine Thompson.
tomrods trustees limited
92.6%
julie catherine thompson
7.4%
john d'arcy thompson
0%
thompson steel limited directors
Thompson Steel Limited currently has 7 directors.
The longest serving directors include
Mr John Thompson (Oct 2017) and
Mr Andrew Shakespeare (Oct 2017).
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
SAFFERY LLP
address
hambleton steelworks york road, thirsk, north yorkshire, YO7 3BT
Bank
-
Legal Advisor
-
thompson steel 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 found 2 charges/mortgages relating to thompson steel limited. Currently there are 2 open charges and 0 have been satisfied in the past.
thompson steel 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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thompson steel limitedCompanies House Filings - See Documents
