torsion care limited
torsion care limited Company Information
Company Number
11480267
Website
torsion-group.comRegistered Address
tomlinson house, capitol boulevard, leeds, LS27 0TS
Industry
Development of building projects
Telephone
03333235080
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
daniel thomas spencer 54.5%
martin carl hutson 29.5%
View Alltorsion care limited Estimated Valuation
Pomanda estimates the enterprise value of TORSION CARE LIMITED at £5.9m based on a Turnover of £10.1m and 0.58x industry multiple (adjusted for size and gross margin).
torsion care limited Estimated Valuation
Pomanda estimates the enterprise value of TORSION CARE LIMITED at £5.1m based on an EBITDA of £1.1m and a 4.55x industry multiple (adjusted for size and gross margin).
torsion care limited Estimated Valuation
Pomanda estimates the enterprise value of TORSION CARE LIMITED at £5.9m based on Net Assets of £4.4m and 1.33x industry multiple (adjusted for liquidity).
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Torsion Care Limited Overview
Torsion Care Limited is a live company located in leeds, LS27 0TS with a Companies House number of 11480267. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2018, it's largest shareholder is daniel thomas spencer with a 54.5% stake. Torsion Care Limited is a young, mid sized company, Pomanda has estimated its turnover at £10.1m with unknown growth in recent years.
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Torsion Care Limited Health Check
Pomanda's financial health check has awarded Torsion Care Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
1 Weak
Size
annual sales of £10.1m, make it larger than the average company (£2.2m)
- Torsion Care Limited
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Torsion Care Limited
- - Industry AVG
Production
with a gross margin of 25.6%, this company has a comparable cost of product (25.6%)
- Torsion Care Limited
25.6% - Industry AVG
Profitability
an operating margin of 11% make it more profitable than the average company (8.8%)
- Torsion Care Limited
8.8% - Industry AVG
Employees
with 9 employees, this is above the industry average (6)
9 - Torsion Care Limited
6 - Industry AVG
Pay Structure
on an average salary of £47k, the company has an equivalent pay structure (£47k)
- Torsion Care Limited
£47k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£278.5k)
- Torsion Care Limited
£278.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Torsion Care Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 102 days, this is slower than average (31 days)
- Torsion Care Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 73 days, this is less than average (187 days)
- Torsion Care Limited
187 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (13 weeks)
5 weeks - Torsion Care Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.8%, this is a lower level of debt than the average (74.7%)
64.8% - Torsion Care Limited
74.7% - Industry AVG
TORSION CARE LIMITED financials
Torsion Care Limited's latest turnover from March 2023 is estimated at £10.1 million and the company has net assets of £4.4 million. According to their latest financial statements, Torsion Care Limited has 9 employees and maintains cash reserves of £661.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 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 | 9 | 6 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 2,878 | 0 | 1,741 | 4,643 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 3,350,405 | 2,000,307 | 402 | 302 |
| Debtors (Due After 1 year) | 131 | 0 | 0 | 0 |
| Total Fixed Assets | 3,353,414 | 2,000,307 | 2,143 | 4,945 |
| Stock & work in progress | 1,527,084 | 163,791 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 3,562,691 | 4,084,794 | 1,046,091 | 0 |
| Misc Debtors | 3,501,599 | 882,280 | 675,473 | 3,447,120 |
| Cash | 661,150 | 46,791 | 1,006,861 | 4,175 |
| misc current assets | 44,106 | 0 | 0 | 0 |
| total current assets | 9,296,630 | 5,177,656 | 2,728,425 | 3,451,295 |
| total assets | 12,650,044 | 7,177,963 | 2,730,568 | 3,456,240 |
| Bank overdraft | 9,065 | 8,819 | 8,706 | 2,234,000 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,110,749 | 160,022 | 175,854 | 41,585 |
| Group/Directors Accounts | 520,305 | 104,213 | 201 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 4,203,576 | 1,912,697 | 1,726,538 | 1,158,349 |
| total current liabilities | 6,843,695 | 2,185,751 | 1,911,299 | 3,433,934 |
| loans | 23,322 | 33,275 | 41,294 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 1,335,000 | 1,421,629 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,358,322 | 1,454,904 | 41,294 | 0 |
| total liabilities | 8,202,017 | 3,640,655 | 1,952,593 | 3,433,934 |
| net assets | 4,448,027 | 3,537,308 | 777,975 | 22,306 |
| total shareholders funds | 4,448,027 | 3,537,308 | 777,975 | 22,306 |
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 1,340 | 1,741 | 2,902 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | 1,363,293 | 163,791 | 0 | 0 |
| Debtors | 2,097,347 | 3,245,510 | 1,721,564 | 3,447,120 |
| Creditors | 1,950,727 | -15,832 | 175,854 | 41,585 |
| Accruals and Deferred Income | 2,290,879 | 186,159 | 1,726,538 | 1,158,349 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 1,350,098 | 1,999,905 | 402 | 302 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 416,092 | 104,012 | 201 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -9,953 | -8,019 | 41,294 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -86,629 | 1,421,629 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 614,359 | -960,070 | 1,006,861 | 4,175 |
| overdraft | 246 | 113 | 8,706 | 2,234,000 |
| change in cash | 614,113 | -960,183 | 998,155 | -2,229,825 |
torsion care limited Credit Report and Business Information
Torsion Care Limited Competitor Analysis
Perform a competitor analysis for torsion care limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
torsion care limited Ownership
TORSION CARE LIMITED group structure
Torsion Care Limited has 19 subsidiary companies.
Ultimate parent company
TORSION CARE LIMITED
11480267
19 subsidiaries
torsion care limited directors
Torsion Care Limited currently has 4 directors. The longest serving directors include Mr Daniel Spencer (Jul 2018) and Mr Martin Hutson (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Spencer | England | 43 years | Jul 2018 | - | Director |
| Mr Martin Hutson | England | 58 years | Dec 2019 | - | Director |
| Ms Nicola Mather | England | 49 years | Dec 2019 | - | Director |
| Mrs Anne Buckingham | England | 56 years | Dec 2019 | - | Director |
P&L
March 2023turnover
10.1m
+695%
operating profit
1.1m
0%
gross margin
25.6%
+6.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
4.4m
+0.26%
total assets
12.7m
+0.76%
cash
661.2k
+13.13%
net assets
Total assets minus all liabilities
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torsion care limited company details
company number
11480267
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2018
age
6
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
tomlinson house, capitol boulevard, leeds, LS27 0TS
last accounts submitted
March 2023
torsion care 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 10 charges/mortgages relating to torsion care limited. Currently there are 7 open charges and 3 have been satisfied in the past.
torsion care limited Companies House Filings - See Documents
| date | description | view/download |
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