undercover turtles ltd
undercover turtles ltd Company Information
Company Number
11230523
Website
-Registered Address
6 markland close, chelmsford, CM2 8RZ
Industry
Other retail sale not in stores, stalls or markets
Telephone
-
Next Accounts Due
November 2025
Group Structure
View All
Shareholders
asha chauhan 55%
dhruv bonnerjee 40%
View Allundercover turtles ltd Estimated Valuation
Pomanda estimates the enterprise value of UNDERCOVER TURTLES LTD at £157.6k based on a Turnover of £664.8k and 0.24x industry multiple (adjusted for size and gross margin).
undercover turtles ltd Estimated Valuation
Pomanda estimates the enterprise value of UNDERCOVER TURTLES LTD at £27.3k based on an EBITDA of £11.2k and a 2.44x industry multiple (adjusted for size and gross margin).
undercover turtles ltd Estimated Valuation
Pomanda estimates the enterprise value of UNDERCOVER TURTLES LTD at £13.3k based on Net Assets of £6.2k and 2.15x industry multiple (adjusted for liquidity).
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Undercover Turtles Ltd Overview
Undercover Turtles Ltd is a live company located in chelmsford, CM2 8RZ with a Companies House number of 11230523. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in February 2018, it's largest shareholder is asha chauhan with a 55% stake. Undercover Turtles Ltd is a young, small sized company, Pomanda has estimated its turnover at £664.8k with healthy growth in recent years.
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Undercover Turtles Ltd Health Check
Pomanda's financial health check has awarded Undercover Turtles Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £664.8k, make it smaller than the average company (£894.6k)
- Undercover Turtles Ltd
£894.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (10.4%)
- Undercover Turtles Ltd
10.4% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (32%)
- Undercover Turtles Ltd
32% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (4.7%)
- Undercover Turtles Ltd
4.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (8)
4 - Undercover Turtles Ltd
8 - Industry AVG
Pay Structure
on an average salary of £35.9k, the company has an equivalent pay structure (£35.9k)
- Undercover Turtles Ltd
£35.9k - Industry AVG
Efficiency
resulting in sales per employee of £166.2k, this is less efficient (£201.6k)
- Undercover Turtles Ltd
£201.6k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (32 days)
- Undercover Turtles Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 99 days, this is slower than average (35 days)
- Undercover Turtles Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Undercover Turtles Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Undercover Turtles Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.1%, this is a higher level of debt than the average (60.3%)
96.1% - Undercover Turtles Ltd
60.3% - Industry AVG
UNDERCOVER TURTLES LTD financials
Undercover Turtles Ltd's latest turnover from February 2024 is estimated at £664.8 thousand and the company has net assets of £6.2 thousand. According to their latest financial statements, Undercover Turtles Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Turnover | 448,969 | |||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | 0 | |||||
| Interest Receivable | 0 | |||||
| Pre-Tax Profit | 14,865 | |||||
| Tax | 0 | |||||
| Profit After Tax | 14,865 | |||||
| Dividends Paid | 0 | |||||
| Retained Profit | 14,865 | |||||
| Employee Costs | 65,404 | |||||
| Number Of Employees | 4 | 4 | 4 | 4 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,077 | 2,131 | 2,616 | 1,293 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,077 | 2,131 | 2,616 | 1,293 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 154,373 | 94,522 | 60,734 | 122,678 | 0 | 100 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 11,975 | 0 |
| Cash | 0 | 0 | 0 | 0 | 31,036 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 154,373 | 94,522 | 60,734 | 122,678 | 43,011 | 100 |
| total assets | 156,450 | 96,653 | 63,350 | 123,971 | 43,011 | 100 |
| Bank overdraft | 3,634 | 4,458 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 146,644 | 85,436 | 74,370 | 59,688 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 3,755 | 0 |
| total current liabilities | 150,278 | 89,894 | 74,370 | 59,688 | 3,755 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 600 | 0 | 0 |
| other liabilities | 0 | 8,209 | 10,821 | 13,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 8,209 | 10,821 | 13,600 | 0 | 0 |
| total liabilities | 150,278 | 98,103 | 85,191 | 73,288 | 3,755 | 0 |
| net assets | 6,172 | -1,450 | -21,841 | 50,683 | 39,256 | 100 |
| total shareholders funds | 6,172 | -1,450 | -21,841 | 50,683 | 39,256 | 100 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 597 | 0 | 161 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 59,851 | 33,788 | -61,944 | 110,703 | 11,875 | 100 |
| Creditors | 61,208 | 11,066 | 14,682 | 59,688 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | -600 | -3,155 | 3,755 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -8,209 | -2,612 | -2,179 | 13,000 | 0 | 0 |
| share issue | ||||||
| interest | 0 | |||||
| cash flow from financing | 9,562 | |||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | -31,036 | 31,036 | 0 |
| overdraft | -824 | 4,458 | 0 | 0 | 0 | 0 |
| change in cash | 824 | -4,458 | 0 | -31,036 | 31,036 | 0 |
undercover turtles ltd Credit Report and Business Information
Undercover Turtles Ltd Competitor Analysis
Perform a competitor analysis for undercover turtles ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in CM2 area or any other competitors across 12 key performance metrics.
undercover turtles ltd Ownership
UNDERCOVER TURTLES LTD group structure
Undercover Turtles Ltd has no subsidiary companies.
Ultimate parent company
UNDERCOVER TURTLES LTD
11230523
undercover turtles ltd directors
Undercover Turtles Ltd currently has 2 directors. The longest serving directors include Miss Asha Chauhan (Feb 2018) and Mr Dhruv Bonnerjee (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Asha Chauhan | England | 43 years | Feb 2018 | - | Director |
| Mr Dhruv Bonnerjee | England | 46 years | Apr 2020 | - | Director |
P&L
February 2024turnover
664.8k
+79%
operating profit
10.6k
0%
gross margin
19.1%
-1.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
6.2k
-5.26%
total assets
156.5k
+0.62%
cash
0
0%
net assets
Total assets minus all liabilities
undercover turtles ltd company details
company number
11230523
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
February 2018
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
February 2024
previous names
undercover turtle ltd (March 2018)
accountant
KAJ ASSOCIATES
auditor
-
address
6 markland close, chelmsford, CM2 8RZ
Bank
-
Legal Advisor
-
undercover turtles 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 did not find charges/mortgages relating to undercover turtles ltd.
undercover turtles ltd Companies House Filings - See Documents
| date | description | view/download |
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