trelonk limited
trelonk limited Company Information
Company Number
11551903
Next Accounts
Sep 2025
Shareholders
parnall group limited
dolphin property limited
Group Structure
View All
Industry
Manufacture of pharmaceutical preparations
+3Registered Address
15 - 19 westgate street, launceston, cornwall, PL15 7AB
Website
www.parnall.nettrelonk limited Estimated Valuation
Pomanda estimates the enterprise value of TRELONK LIMITED at £2.3m based on a Turnover of £2.8m and 0.84x industry multiple (adjusted for size and gross margin).
trelonk limited Estimated Valuation
Pomanda estimates the enterprise value of TRELONK LIMITED at £0 based on an EBITDA of £-817.5k and a 4.63x industry multiple (adjusted for size and gross margin).
trelonk limited Estimated Valuation
Pomanda estimates the enterprise value of TRELONK LIMITED at £0 based on Net Assets of £-4.2m and 1.96x industry multiple (adjusted for liquidity).
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Trelonk Limited Overview
Trelonk Limited is a live company located in cornwall, PL15 7AB with a Companies House number of 11551903. It operates in the manufacture of homogenized food preparations and dietetic food sector, SIC Code 10860. Founded in September 2018, it's largest shareholder is parnall group limited with a 96% stake. Trelonk Limited is a young, small sized company, Pomanda has estimated its turnover at £2.8m with declining growth in recent years.
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Trelonk Limited Health Check
Pomanda's financial health check has awarded Trelonk Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £2.8m, make it smaller than the average company (£16.8m)
- Trelonk Limited
£16.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (11.2%)
- Trelonk Limited
11.2% - Industry AVG
Production
with a gross margin of 38.7%, this company has a comparable cost of product (38.7%)
- Trelonk Limited
38.7% - Industry AVG
Profitability
an operating margin of -30.3% make it less profitable than the average company (2.9%)
- Trelonk Limited
2.9% - Industry AVG
Employees
with 13 employees, this is below the industry average (63)
13 - Trelonk Limited
63 - Industry AVG
Pay Structure
on an average salary of £52.5k, the company has an equivalent pay structure (£52.5k)
- Trelonk Limited
£52.5k - Industry AVG
Efficiency
resulting in sales per employee of £213.8k, this is equally as efficient (£211.9k)
- Trelonk Limited
£211.9k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is near the average (49 days)
- Trelonk Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 225 days, this is slower than average (44 days)
- Trelonk Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (63 days)
- Trelonk Limited
63 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Trelonk Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 561.3%, this is a higher level of debt than the average (55.5%)
561.3% - Trelonk Limited
55.5% - Industry AVG
TRELONK LIMITED financials
Trelonk Limited's latest turnover from December 2023 is estimated at £2.8 million and the company has net assets of -£4.2 million. According to their latest financial statements, Trelonk Limited has 13 employees and maintains cash reserves of £4.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | 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 | 13 | 11 | 18 | 9 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 42,212 | 58,435 | 45,867 | 24,369 | 22,060 |
| Intangible Assets | 5,102 | 13,209 | 56,282 | 80,364 | 120,546 |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 47,314 | 71,644 | 102,149 | 104,733 | 142,606 |
| Stock & work in progress | 12,000 | 11,203 | 132,517 | 120,449 | 62,700 |
| Trade Debtors | 384,345 | 379,788 | 308,847 | 420,083 | 255,064 |
| Group Debtors | |||||
| Misc Debtors | 468,191 | 88,078 | 20,903 | ||
| Cash | 4,054 | 16,608 | 19,250 | 12,671 | 9,133 |
| misc current assets | |||||
| total current assets | 868,590 | 495,677 | 481,517 | 553,203 | 326,897 |
| total assets | 915,904 | 567,321 | 583,666 | 657,936 | 469,503 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 1,053,588 | 790,305 | 484,546 | 1,580,984 | 651,464 |
| Group/Directors Accounts | 1,924,925 | ||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 4,087,094 | 3,159,589 | 531,210 | ||
| total current liabilities | 5,140,682 | 3,949,894 | 2,940,681 | 1,580,984 | 651,464 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 5,140,682 | 3,949,894 | 2,940,681 | 1,580,984 | 651,464 |
| net assets | -4,224,778 | -3,382,573 | -2,357,015 | -923,048 | -181,961 |
| total shareholders funds | -4,224,778 | -3,382,573 | -2,357,015 | -923,048 | -181,961 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 17,132 | 11,708 | 11,760 | 4,834 | 3,448 |
| Amortisation | 8,107 | 47,673 | 43,805 | 40,182 | |
| Tax | |||||
| Stock | 797 | -121,314 | 12,068 | 57,749 | 62,700 |
| Debtors | 384,670 | 138,116 | -90,333 | 165,019 | 255,064 |
| Creditors | 263,283 | 305,759 | -1,096,438 | 929,520 | 651,464 |
| Accruals and Deferred Income | 927,505 | 2,628,379 | 531,210 | ||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -1,924,925 | 1,924,925 | |||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -12,554 | -2,642 | 6,579 | 3,538 | 9,133 |
| overdraft | |||||
| change in cash | -12,554 | -2,642 | 6,579 | 3,538 | 9,133 |
trelonk limited Credit Report and Business Information
Trelonk Limited Competitor Analysis
Perform a competitor analysis for trelonk limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in PL15 area or any other competitors across 12 key performance metrics.
trelonk limited Ownership
TRELONK LIMITED group structure
Trelonk Limited has no subsidiary companies.
trelonk limited directors
Trelonk Limited currently has 4 directors. The longest serving directors include Mr Robert Parnall (Sep 2018) and Mr Nicholas Buckland (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Parnall | United Kingdom | 65 years | Sep 2018 | - | Director |
| Mr Nicholas Buckland | England | 74 years | Sep 2020 | - | Director |
| Mr Mark Joce | United Kingdom | 63 years | Oct 2020 | - | Director |
| Mr Mark Joce | United Kingdom | 63 years | Oct 2020 | - | Director |
P&L
December 2023turnover
2.8m
+23%
operating profit
-842.7k
0%
gross margin
38.8%
-1.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-4.2m
+0.25%
total assets
915.9k
+0.61%
cash
4.1k
-0.76%
net assets
Total assets minus all liabilities
trelonk limited company details
company number
11551903
Type
Private limited with Share Capital
industry
21200 - Manufacture of pharmaceutical preparations
72110 - Research and experimental development on biotechnology
10860 - Manufacture of homogenised food preparations and dietetic food
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
MOORE KINGSTON SMITH LLP
auditor
-
address
15 - 19 westgate street, launceston, cornwall, PL15 7AB
Bank
-
Legal Advisor
-
trelonk 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 1 charges/mortgages relating to trelonk limited. Currently there are 1 open charges and 0 have been satisfied in the past.
trelonk 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 TRELONK LIMITED. This can take several minutes, an email will notify you when this has completed.
trelonk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
