tolworth development limited
tolworth development limited Company Information
Company Number
11080999
Next Accounts
Mar 2025
Shareholders
highgate asset management (holdings) ltd
Group Structure
View All
Industry
Construction of commercial buildings
+2Registered Address
suite s 4, suite s 4sterling house, loughton, essex, IG10 3TS
Website
-tolworth development limited Estimated Valuation
Pomanda estimates the enterprise value of TOLWORTH DEVELOPMENT LIMITED at £293k based on a Turnover of £216.3k and 1.35x industry multiple (adjusted for size and gross margin).
tolworth development limited Estimated Valuation
Pomanda estimates the enterprise value of TOLWORTH DEVELOPMENT LIMITED at £0 based on an EBITDA of £-148.5k and a 4.28x industry multiple (adjusted for size and gross margin).
tolworth development limited Estimated Valuation
Pomanda estimates the enterprise value of TOLWORTH DEVELOPMENT LIMITED at £169.9k based on Net Assets of £110.7k and 1.54x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tolworth Development Limited Overview
Tolworth Development Limited is a live company located in loughton, IG10 3TS with a Companies House number of 11080999. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2017, it's largest shareholder is highgate asset management (holdings) ltd with a 100% stake. Tolworth Development Limited is a young, micro sized company, Pomanda has estimated its turnover at £216.3k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Tolworth Development Limited Health Check
Pomanda's financial health check has awarded Tolworth Development Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £216.3k, make it smaller than the average company (£4.2m)
- Tolworth Development Limited
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5%)
- Tolworth Development Limited
5% - Industry AVG
Production
with a gross margin of 36.6%, this company has a comparable cost of product (36.6%)
- Tolworth Development Limited
36.6% - Industry AVG
Profitability
an operating margin of -68.7% make it less profitable than the average company (12.3%)
- Tolworth Development Limited
12.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Tolworth Development Limited
12 - Industry AVG
Pay Structure
on an average salary of £42.7k, the company has an equivalent pay structure (£42.7k)
- Tolworth Development Limited
£42.7k - Industry AVG
Efficiency
resulting in sales per employee of £108.1k, this is less efficient (£247.6k)
- Tolworth Development Limited
£247.6k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (35 days)
- Tolworth Development Limited
35 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Tolworth Development Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tolworth Development Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (16 weeks)
1 weeks - Tolworth Development Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.4%, this is a higher level of debt than the average (69.2%)
91.4% - Tolworth Development Limited
69.2% - Industry AVG
TOLWORTH DEVELOPMENT LIMITED financials
Tolworth Development Limited's latest turnover from June 2023 is estimated at £216.3 thousand and the company has net assets of £110.7 thousand. According to their latest financial statements, Tolworth Development Limited has 2 employees and maintains cash reserves of £28.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 52,696 | 16,278 | ||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | 52,696 | 16,278 | ||||
| Admin Expenses | 19,636 | 4,616 | ||||
| Operating Profit | 33,060 | 11,662 | ||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | 33,060 | 11,662 | ||||
| Tax | -6,281 | -2,216 | ||||
| Profit After Tax | 26,779 | 9,446 | ||||
| Dividends Paid | ||||||
| Retained Profit | 26,779 | 9,446 | ||||
| Employee Costs | ||||||
| Number Of Employees | 2 | 2 | 2 | 2 | ||
| EBITDA* | 33,060 | 11,662 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | 1,233,948 | 1,233,948 | 1,233,948 | 1,233,948 | 1,233,948 | 1,053,069 |
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 1,233,948 | 1,233,948 | 1,233,948 | 1,233,948 | 1,233,948 | 1,053,069 |
| Stock & work in progress | ||||||
| Trade Debtors | 6,322 | 10,800 | 6,060 | 7,083 | ||
| Group Debtors | ||||||
| Misc Debtors | 18,359 | 19,803 | 19,084 | 14,273 | 16,348 | 6,694 |
| Cash | 28,354 | 81,266 | 18,847 | 36,751 | 10,983 | 10,648 |
| misc current assets | ||||||
| total current assets | 53,035 | 111,869 | 37,931 | 57,084 | 34,414 | 17,342 |
| total assets | 1,286,983 | 1,345,817 | 1,271,879 | 1,291,032 | 1,268,362 | 1,070,411 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | ||||||
| Group/Directors Accounts | 1,133,038 | 1,043,038 | 1,043,038 | 1,130,038 | 1,205,038 | 1,051,038 |
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 43,260 | 46,302 | 44,861 | 32,071 | 27,098 | 9,926 |
| total current liabilities | 1,176,298 | 1,089,340 | 1,087,899 | 1,162,109 | 1,232,136 | 1,060,964 |
| loans | 23,500 | |||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 23,500 | |||||
| total liabilities | 1,176,298 | 1,089,340 | 1,087,899 | 1,185,609 | 1,232,136 | 1,060,964 |
| net assets | 110,685 | 256,477 | 183,980 | 105,423 | 36,226 | 9,447 |
| total shareholders funds | 110,685 | 256,477 | 183,980 | 105,423 | 36,226 | 9,447 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 33,060 | 11,662 | ||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | -6,281 | -2,216 | ||||
| Stock | ||||||
| Debtors | -5,922 | 11,519 | -1,249 | -3,098 | 16,737 | 6,694 |
| Creditors | ||||||
| Accruals and Deferred Income | -3,042 | 1,441 | 12,790 | 4,973 | 17,172 | 9,926 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | 27,214 | 12,678 | ||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 180,879 | 1,053,069 | ||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 90,000 | -87,000 | -75,000 | 154,000 | 1,051,038 | |
| Other Short Term Loans | ||||||
| Long term loans | -23,500 | 23,500 | ||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | 154,000 | 1,051,039 | ||||
| cash and cash equivalents | ||||||
| cash | -52,912 | 62,419 | -17,904 | 25,768 | 335 | 10,648 |
| overdraft | ||||||
| change in cash | -52,912 | 62,419 | -17,904 | 25,768 | 335 | 10,648 |
tolworth development limited Credit Report and Business Information
Tolworth Development Limited Competitor Analysis
Perform a competitor analysis for tolworth development limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in IG10 area or any other competitors across 12 key performance metrics.
tolworth development limited Ownership
TOLWORTH DEVELOPMENT LIMITED group structure
Tolworth Development Limited has no subsidiary companies.
Ultimate parent company
1 parent
TOLWORTH DEVELOPMENT LIMITED
11080999
tolworth development limited directors
Tolworth Development Limited currently has 2 directors. The longest serving directors include Mr Kailayapillai Ranjan (Nov 2017) and Mrs Bahmini Ranjan (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kailayapillai Ranjan | United Kingdom | 63 years | Nov 2017 | - | Director |
| Mrs Bahmini Ranjan | United Kingdom | 59 years | Jun 2019 | - | Director |
P&L
June 2023turnover
216.3k
-10%
operating profit
-148.5k
0%
gross margin
36.7%
+0.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
110.7k
-0.57%
total assets
1.3m
-0.04%
cash
28.4k
-0.65%
net assets
Total assets minus all liabilities
tolworth development limited company details
company number
11080999
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
TAHAS & CO LTD
auditor
-
address
suite s 4, suite s 4sterling house, loughton, essex, IG10 3TS
Bank
-
Legal Advisor
-
tolworth development 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 tolworth development limited.
tolworth development 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.
Click to start generating capital raising & share issue transactions for TOLWORTH DEVELOPMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
tolworth development limited Companies House Filings - See Documents
| date | description | view/download |
|---|
