trojan electronics 2018 limited
trojan electronics 2018 limited Company Information
Company Number
11634275
Next Accounts
50 days late
Shareholders
buy it direct limited
james rigg
Group Structure
View All
Industry
Repair of consumer electronics
+3Registered Address
c/o buy it direct ltd, trident business park, huddersfield, HD2 1UA
Website
http://buyitdirect.co.uktrojan electronics 2018 limited Estimated Valuation
Pomanda estimates the enterprise value of TROJAN ELECTRONICS 2018 LIMITED at £0 based on a Turnover of £20.2m and 0x industry multiple (adjusted for size and gross margin).
trojan electronics 2018 limited Estimated Valuation
Pomanda estimates the enterprise value of TROJAN ELECTRONICS 2018 LIMITED at £0 based on an EBITDA of £-10.9k and a 0x industry multiple (adjusted for size and gross margin).
trojan electronics 2018 limited Estimated Valuation
Pomanda estimates the enterprise value of TROJAN ELECTRONICS 2018 LIMITED at £0 based on Net Assets of £-738.3k and 2.01x industry multiple (adjusted for liquidity).
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Trojan Electronics 2018 Limited Overview
Trojan Electronics 2018 Limited is a live company located in huddersfield, HD2 1UA with a Companies House number of 11634275. It operates in the agents involved in the sale of a variety of goods sector, SIC Code 46190. Founded in October 2018, it's largest shareholder is buy it direct limited with a 75% stake. Trojan Electronics 2018 Limited is a young, large sized company, Pomanda has estimated its turnover at £20.2m with healthy growth in recent years.
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Trojan Electronics 2018 Limited Health Check
Pomanda's financial health check has awarded Trojan Electronics 2018 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £20.2m, make it larger than the average company (£1m)
£20.2m - Trojan Electronics 2018 Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (5.1%)
6% - Trojan Electronics 2018 Limited
5.1% - Industry AVG
Production
with a gross margin of 24.1%, this company has a higher cost of product (30.5%)
24.1% - Trojan Electronics 2018 Limited
30.5% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (4.1%)
-0.2% - Trojan Electronics 2018 Limited
4.1% - Industry AVG
Employees
with 105 employees, this is above the industry average (4)
105 - Trojan Electronics 2018 Limited
4 - Industry AVG
Pay Structure
on an average salary of £25.7k, the company has an equivalent pay structure (£28k)
£25.7k - Trojan Electronics 2018 Limited
£28k - Industry AVG
Efficiency
resulting in sales per employee of £191.9k, this is more efficient (£160.2k)
£191.9k - Trojan Electronics 2018 Limited
£160.2k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (40 days)
30 days - Trojan Electronics 2018 Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (30 days)
59 days - Trojan Electronics 2018 Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 72 days, this is more than average (52 days)
72 days - Trojan Electronics 2018 Limited
52 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (27 weeks)
3 weeks - Trojan Electronics 2018 Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.2%, this is a higher level of debt than the average (69.6%)
110.2% - Trojan Electronics 2018 Limited
69.6% - Industry AVG
TROJAN ELECTRONICS 2018 LIMITED financials
Trojan Electronics 2018 Limited's latest turnover from March 2023 is £20.2 million and the company has net assets of -£738.3 thousand. According to their latest financial statements, Trojan Electronics 2018 Limited has 105 employees and maintains cash reserves of £463.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Turnover | 20,152,578 | 19,585,589 | 19,404,188 | 16,799,480 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 15,300,066 | 14,640,086 | 15,258,645 | 12,673,268 |
| Gross Profit | 4,852,512 | 4,945,503 | 4,145,543 | 4,126,212 |
| Admin Expenses | 4,902,561 | 5,115,184 | 4,392,683 | 4,397,657 |
| Operating Profit | -50,049 | -169,681 | -247,140 | -271,445 |
| Interest Payable | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -50,049 | -169,681 | -247,140 | -271,445 |
| Tax | 0 | -16,780 | -11,334 | 28,114 |
| Profit After Tax | -50,049 | -186,461 | -258,474 | -243,331 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -50,049 | -186,461 | -258,474 | -243,331 |
| Employee Costs | 2,697,658 | 3,377,177 | 2,872,281 | 3,636,312 |
| Number Of Employees | 105 | 128 | 105 | 110 |
| EBITDA* | -10,944 | -130,631 | -209,478 | -86,638 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Tangible Assets | 213,313 | 246,618 | 217,512 | 170,151 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 213,313 | 246,618 | 217,512 | 170,151 |
| Stock & work in progress | 3,020,733 | 2,077,214 | 1,594,815 | 938,940 |
| Trade Debtors | 1,680,775 | 1,826,431 | 1,827,883 | 1,483,279 |
| Group Debtors | 130,223 | 848 | 1,575 | 8,623 |
| Misc Debtors | 1,729,824 | 686,589 | 151,294 | 508,192 |
| Cash | 463,122 | 487,850 | 508,835 | 1,377,232 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 7,024,677 | 5,078,932 | 4,084,402 | 4,316,266 |
| total assets | 7,237,990 | 5,325,550 | 4,301,914 | 4,486,417 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,494,042 | 2,682,480 | 1,998,749 | 2,160,606 |
| Group/Directors Accounts | 4,086,396 | 2,028,729 | 1,460,083 | 1,721,679 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 1,395,866 | 1,302,606 | 1,344,886 | 847,462 |
| total current liabilities | 7,976,304 | 6,013,815 | 4,803,718 | 4,729,747 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 7,976,304 | 6,013,815 | 4,803,718 | 4,729,747 |
| net assets | -738,314 | -688,265 | -501,804 | -243,330 |
| total shareholders funds | -738,314 | -688,265 | -501,804 | -243,330 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -50,049 | -169,681 | -247,140 | -271,445 |
| Depreciation | 39,105 | 39,050 | 37,662 | 184,807 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | 0 | -16,780 | -11,334 | 28,114 |
| Stock | 943,519 | 482,399 | 655,875 | 938,940 |
| Debtors | 1,026,954 | 533,116 | -19,342 | 2,000,094 |
| Creditors | -188,438 | 683,731 | -161,857 | 2,160,606 |
| Accruals and Deferred Income | 93,260 | -42,280 | 497,424 | 847,462 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,076,595 | -521,475 | -521,778 | 10,510 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,057,667 | 568,646 | -261,596 | 1,721,679 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 0 | 0 | 0 | 0 |
| cash flow from financing | 2,057,667 | 568,646 | -261,596 | 1,721,680 |
| cash and cash equivalents | ||||
| cash | -24,728 | -20,985 | -868,397 | 1,377,232 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -24,728 | -20,985 | -868,397 | 1,377,232 |
trojan electronics 2018 limited Credit Report and Business Information
Trojan Electronics 2018 Limited Competitor Analysis
Perform a competitor analysis for trojan electronics 2018 limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in HD2 area or any other competitors across 12 key performance metrics.
trojan electronics 2018 limited Ownership
TROJAN ELECTRONICS 2018 LIMITED group structure
Trojan Electronics 2018 Limited has no subsidiary companies.
trojan electronics 2018 limited directors
Trojan Electronics 2018 Limited currently has 4 directors. The longest serving directors include Mr Nicholas Glynne (Oct 2018) and Mr Nicholas Glynne (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Glynne | England | 59 years | Oct 2018 | - | Director |
| Mr Nicholas Glynne | England | 59 years | Oct 2018 | - | Director |
| Mr Simon Barnett | England | 59 years | Mar 2019 | - | Director |
| Mr James Rigg | England | 55 years | Mar 2023 | - | Director |
P&L
March 2023turnover
20.2m
+3%
operating profit
-50k
-71%
gross margin
24.1%
-4.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-738.3k
+0.07%
total assets
7.2m
+0.36%
cash
463.1k
-0.05%
net assets
Total assets minus all liabilities
trojan electronics 2018 limited company details
company number
11634275
Type
Private limited with Share Capital
industry
95210 - Repair of consumer electronics
46190 - Agents involved in the sale of a variety of goods
47910 - Retail sale via mail order houses or via Internet
incorporation date
October 2018
age
7
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2023
previous names
N/A
accountant
BDO LLP
auditor
-
address
c/o buy it direct ltd, trident business park, huddersfield, HD2 1UA
Bank
-
Legal Advisor
-
trojan electronics 2018 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 trojan electronics 2018 limited.
trojan electronics 2018 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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trojan electronics 2018 limited Companies House Filings - See Documents
| date | description | view/download |
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