toob limited
toob limited Company Information
Company Number
11051348
Next Accounts
Sep 2025
Industry
Other business support service activities n.e.c.
Shareholders
ndif investments (t) limited
nicholas jonathan parbutt
View AllGroup Structure
View All
Contact
Registered Address
building 4000, lakeside north ha, western road, portsmouth, PO6 3EN
Website
www.toob.co.uktoob limited Estimated Valuation
Pomanda estimates the enterprise value of TOOB LIMITED at £4.9m based on a Turnover of £5.5m and 0.88x industry multiple (adjusted for size and gross margin).
toob limited Estimated Valuation
Pomanda estimates the enterprise value of TOOB LIMITED at £0 based on an EBITDA of £-13.6m and a 6.27x industry multiple (adjusted for size and gross margin).
toob limited Estimated Valuation
Pomanda estimates the enterprise value of TOOB LIMITED at £0 based on Net Assets of £-100.3m and 2.37x industry multiple (adjusted for liquidity).
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Toob Limited Overview
Toob Limited is a live company located in portsmouth, PO6 3EN with a Companies House number of 11051348. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2017, it's largest shareholder is ndif investments (t) limited with a 73.6% stake. Toob Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.5m with rapid growth in recent years.
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Toob Limited Health Check
Pomanda's financial health check has awarded Toob Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £5.5m, make it in line with the average company (£4.8m)
£5.5m - Toob Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 271%, show it is growing at a faster rate (6.6%)
271% - Toob Limited
6.6% - Industry AVG
Production
with a gross margin of 72.1%, this company has a lower cost of product (38.2%)
72.1% - Toob Limited
38.2% - Industry AVG
Profitability
an operating margin of -354.1% make it less profitable than the average company (5.7%)
-354.1% - Toob Limited
5.7% - Industry AVG
Employees
with 221 employees, this is above the industry average (27)
221 - Toob Limited
27 - Industry AVG
Pay Structure
on an average salary of £56.8k, the company has an equivalent pay structure (£54k)
£56.8k - Toob Limited
£54k - Industry AVG
Efficiency
resulting in sales per employee of £24.9k, this is less efficient (£171.5k)
£24.9k - Toob Limited
£171.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Toob Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1446 days, this is slower than average (32 days)
1446 days - Toob Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 790 days, this is more than average (33 days)
790 days - Toob Limited
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (22 weeks)
32 weeks - Toob Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 187.7%, this is a higher level of debt than the average (62.4%)
187.7% - Toob Limited
62.4% - Industry AVG
TOOB LIMITED financials
Toob Limited's latest turnover from December 2023 is £5.5 million and the company has net assets of -£100.3 million. According to their latest financial statements, Toob Limited has 221 employees and maintains cash reserves of £7.1 million 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 | 5,503,000 | 2,161,000 | 714,000 | 108,000 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 1,536,000 | 539,000 | 207,000 | 49,000 | ||
| Gross Profit | 3,967,000 | 1,622,000 | 507,000 | 59,000 | ||
| Admin Expenses | 23,454,000 | 15,193,000 | 12,921,000 | 6,555,000 | ||
| Operating Profit | -19,487,000 | -13,571,000 | -12,414,000 | -6,496,000 | -3,664,000 | -389,000 |
| Interest Payable | 17,818,000 | 14,147,000 | 8,037,000 | 3,547,000 | 894,000 | 4,000 |
| Interest Receivable | 34,000 | 18,000 | 1,000 | 4,000 | 5,000 | 0 |
| Pre-Tax Profit | -37,271,000 | -27,700,000 | -20,450,000 | -10,039,000 | -4,553,000 | -393,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -37,271,000 | -27,700,000 | -20,450,000 | -10,039,000 | -4,553,000 | -393,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -37,271,000 | -27,700,000 | -20,450,000 | -10,039,000 | -4,553,000 | -393,000 |
| Employee Costs | 12,551,000 | 9,005,000 | 6,702,000 | 3,783,000 | 1,396,000 | 33,000 |
| Number Of Employees | 221 | 144 | 108 | 56 | 22 | 2 |
| EBITDA* | -13,592,000 | -10,076,000 | -12,414,000 | -6,496,000 | -3,506,000 | -389,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 98,756,000 | 65,444,000 | 42,452,000 | 15,464,000 | 3,097,000 | 0 |
| Intangible Assets | 1,330,000 | 1,421,000 | 1,537,000 | 1,303,000 | 1,046,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 534,000 | 86,000 | 65,000 | 67,000 | 64,000 | 0 |
| Total Fixed Assets | 100,086,000 | 66,865,000 | 43,989,000 | 16,767,000 | 4,207,000 | 0 |
| Stock & work in progress | 3,325,000 | 2,593,000 | 2,074,000 | 1,353,000 | 366,000 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,163,000 | 1,223,000 | 1,388,000 | 1,600,000 | 790,000 | 76,000 |
| Cash | 7,086,000 | 5,423,000 | 19,196,000 | 11,192,000 | 5,211,000 | 251,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,320,000 | 9,720,000 | 22,658,000 | 14,145,000 | 6,367,000 | 327,000 |
| total assets | 114,406,000 | 76,585,000 | 66,647,000 | 30,912,000 | 10,574,000 | 327,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,089,000 | 1,838,000 | 3,578,000 | 1,602,000 | 412,000 | 5,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 856,000 | 491,000 | 438,000 | 354,000 | 66,000 | 0 |
| other current liabilities | 4,397,000 | 5,475,000 | 6,625,000 | 2,642,000 | 782,000 | 90,000 |
| total current liabilities | 11,342,000 | 7,804,000 | 10,641,000 | 4,598,000 | 1,260,000 | 95,000 |
| loans | 306,824,000 | 175,738,000 | 28,560,000 | 42,739,000 | 12,818,000 | 537,000 |
| hp & lease commitments | 2,260,000 | 1,942,000 | 1,949,000 | 1,830,000 | 1,342,000 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 300,000 | 300,000 | 77,068,000 | 301,000 | 11,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 203,372,000 | 131,820,000 | 91,348,000 | 41,210,000 | 14,171,000 | 537,000 |
| total liabilities | 214,714,000 | 139,624,000 | 101,989,000 | 45,808,000 | 15,431,000 | 632,000 |
| net assets | -100,308,000 | -63,039,000 | -35,342,000 | -14,896,000 | -4,857,000 | -305,000 |
| total shareholders funds | -100,308,000 | -63,039,000 | -35,342,000 | -14,896,000 | -4,857,000 | -305,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -19,487,000 | -13,571,000 | -12,414,000 | -6,496,000 | -3,664,000 | -389,000 |
| Depreciation | 5,340,000 | 3,035,000 | 0 | 0 | 157,000 | 0 |
| Amortisation | 555,000 | 460,000 | 0 | 0 | 1,000 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 732,000 | 519,000 | 721,000 | 987,000 | 366,000 | 0 |
| Debtors | 2,388,000 | -144,000 | -214,000 | 813,000 | 778,000 | 76,000 |
| Creditors | 4,251,000 | -1,740,000 | 1,976,000 | 1,190,000 | 407,000 | 5,000 |
| Accruals and Deferred Income | -1,078,000 | -1,150,000 | 3,983,000 | 1,860,000 | 692,000 | 90,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -13,539,000 | -13,341,000 | -6,962,000 | -5,246,000 | -3,551,000 | -370,000 |
| Investing Activities | ||||||
| capital expenditure | -2,911,000 | 0 | ||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -2,911,000 | 0 | ||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 131,086,000 | 147,178,000 | -14,179,000 | 29,921,000 | 12,281,000 | 537,000 |
| Hire Purchase and Lease Commitments | 683,000 | 46,000 | 203,000 | 776,000 | 1,408,000 | 0 |
| other long term liabilities | 0 | -76,768,000 | 76,767,000 | 290,000 | 11,000 | 0 |
| share issue | ||||||
| interest | -17,784,000 | -14,129,000 | -8,036,000 | -3,543,000 | -889,000 | -4,000 |
| cash flow from financing | 113,987,000 | 56,330,000 | 54,759,000 | 27,444,000 | 12,812,000 | 621,000 |
| cash and cash equivalents | ||||||
| cash | 1,663,000 | -13,773,000 | 8,004,000 | 5,981,000 | 4,960,000 | 251,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,663,000 | -13,773,000 | 8,004,000 | 5,981,000 | 4,960,000 | 251,000 |
toob limited Credit Report and Business Information
Toob Limited Competitor Analysis
Perform a competitor analysis for toob limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in PO6 area or any other competitors across 12 key performance metrics.
toob limited Ownership
TOOB LIMITED group structure
Toob Limited has no subsidiary companies.
toob limited directors
Toob Limited currently has 6 directors. The longest serving directors include Mr Nicholas Parbutt (Apr 2018) and Mr Michael Banwell (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Parbutt | United Kingdom | 54 years | Apr 2018 | - | Director |
| Mr Michael Banwell | 63 years | Apr 2018 | - | Director | |
| Mr Ben Terry | England | 48 years | Jun 2020 | - | Director |
| Dr Katherine Innes Ker | United Kingdom | 64 years | Aug 2021 | - | Director |
| Mr Paul Andrews | United Kingdom | 55 years | May 2023 | - | Director |
| Ms Philippa Dunn | United Kingdom | 58 years | Feb 2024 | - | Director |
P&L
December 2023turnover
5.5m
+155%
operating profit
-19.5m
+44%
gross margin
72.1%
-3.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-100.3m
+0.59%
total assets
114.4m
+0.49%
cash
7.1m
+0.31%
net assets
Total assets minus all liabilities
toob limited company details
company number
11051348
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
KPMG LLP
address
building 4000, lakeside north ha, western road, portsmouth, PO6 3EN
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
RAVI MOHINDRA
toob 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 3 charges/mortgages relating to toob limited. Currently there are 2 open charges and 1 have been satisfied in the past.
toob 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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toob limited Companies House Filings - See Documents
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