thames basement limited
thames basement limited Company Information
Company Number
11230342
Next Accounts
Feb 2025
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Directors
Shareholders
declan michael kelly
stephen john kramer
Group Structure
View All
Contact
Registered Address
abacus house 14-18 forest road, loughton, IG10 1DX
Website
-thames basement limited Estimated Valuation
Pomanda estimates the enterprise value of THAMES BASEMENT LIMITED at £368.2k based on a Turnover of £1.1m and 0.33x industry multiple (adjusted for size and gross margin).
thames basement limited Estimated Valuation
Pomanda estimates the enterprise value of THAMES BASEMENT LIMITED at £33.6k based on an EBITDA of £11.1k and a 3.04x industry multiple (adjusted for size and gross margin).
thames basement limited Estimated Valuation
Pomanda estimates the enterprise value of THAMES BASEMENT LIMITED at £315.7k based on Net Assets of £139.2k and 2.27x industry multiple (adjusted for liquidity).
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Thames Basement Limited Overview
Thames Basement Limited is a live company located in loughton, IG10 1DX with a Companies House number of 11230342. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in February 2018, it's largest shareholder is declan michael kelly with a 50% stake. Thames Basement Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with high growth in recent years.
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Thames Basement Limited Health Check
Pomanda's financial health check has awarded Thames Basement Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£6.5m)
- Thames Basement Limited
£6.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6.9%)
- Thames Basement Limited
6.9% - Industry AVG
Production
with a gross margin of 14%, this company has a higher cost of product (24.9%)
- Thames Basement Limited
24.9% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (6%)
- Thames Basement Limited
6% - Industry AVG
Employees
with 2 employees, this is below the industry average (28)
2 - Thames Basement Limited
28 - Industry AVG
Pay Structure
on an average salary of £46.2k, the company has an equivalent pay structure (£46.2k)
- Thames Basement Limited
£46.2k - Industry AVG
Efficiency
resulting in sales per employee of £558.8k, this is more efficient (£188.7k)
- Thames Basement Limited
£188.7k - Industry AVG
Debtor Days
it gets paid by customers after 128 days, this is later than average (58 days)
- Thames Basement Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (40 days)
- Thames Basement Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Thames Basement Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
0 weeks - Thames Basement Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.6%, this is a similar level of debt than the average (61.3%)
64.6% - Thames Basement Limited
61.3% - Industry AVG
THAMES BASEMENT LIMITED financials
Thames Basement Limited's latest turnover from May 2023 is estimated at £1.1 million and the company has net assets of £139.2 thousand. According to their latest financial statements, Thames Basement Limited has 2 employees and maintains cash reserves of £509 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 392,781 | 383,638 | 427,932 | 236,397 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 509 | 0 | 29,383 | 104,856 | 354,374 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 393,290 | 383,638 | 457,315 | 341,253 | 354,374 |
| total assets | 393,290 | 383,638 | 457,315 | 341,253 | 354,374 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 227,465 | 221,652 | 214,665 | 165,289 | 159,990 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 227,465 | 221,652 | 214,665 | 165,289 | 159,990 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 26,612 | 31,078 | 50,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 26,612 | 31,078 | 50,000 | 0 | 0 |
| total liabilities | 254,077 | 252,730 | 264,665 | 165,289 | 159,990 |
| net assets | 139,213 | 130,908 | 192,650 | 175,964 | 194,384 |
| total shareholders funds | 139,213 | 130,908 | 192,650 | 175,964 | 194,384 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 9,143 | -44,294 | 191,535 | 236,397 | 0 |
| Creditors | 5,813 | 6,987 | 49,376 | 5,299 | 159,990 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -4,466 | -18,922 | 50,000 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 509 | -29,383 | -75,473 | -249,518 | 354,374 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 509 | -29,383 | -75,473 | -249,518 | 354,374 |
thames basement limited Credit Report and Business Information
Thames Basement Limited Competitor Analysis
Perform a competitor analysis for thames basement limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in IG10 area or any other competitors across 12 key performance metrics.
thames basement limited Ownership
THAMES BASEMENT LIMITED group structure
Thames Basement Limited has no subsidiary companies.
Ultimate parent company
THAMES BASEMENT LIMITED
11230342
thames basement limited directors
Thames Basement Limited currently has 1 director, Mr Declan Kelly serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Declan Kelly | England | 42 years | Feb 2018 | - | Director |
P&L
May 2023turnover
1.1m
+6%
operating profit
11.1k
0%
gross margin
14%
-2.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
139.2k
+0.06%
total assets
393.3k
+0.03%
cash
509
0%
net assets
Total assets minus all liabilities
thames basement limited company details
company number
11230342
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
May 2023
previous names
N/A
accountant
COOPER PAUL
auditor
-
address
abacus house 14-18 forest road, loughton, IG10 1DX
Bank
-
Legal Advisor
-
thames basement 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 thames basement limited.
thames basement 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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thames basement limited Companies House Filings - See Documents
| date | description | view/download |
|---|
