torbay grimebusters ltd
torbay grimebusters ltd Company Information
Group Structure
View All
Industry
Cleaning services (other than disinfecting and extermination services) n.e.c.
+2Registered Address
16 pitcairn crescent, torquay, TQ2 7GL
Website
torbaygrimebusters.co.uktorbay grimebusters ltd Estimated Valuation
Pomanda estimates the enterprise value of TORBAY GRIMEBUSTERS LTD at £34.4k based on a Turnover of £76k and 0.45x industry multiple (adjusted for size and gross margin).
torbay grimebusters ltd Estimated Valuation
Pomanda estimates the enterprise value of TORBAY GRIMEBUSTERS LTD at £0 based on an EBITDA of £-12.3k and a 2.91x industry multiple (adjusted for size and gross margin).
torbay grimebusters ltd Estimated Valuation
Pomanda estimates the enterprise value of TORBAY GRIMEBUSTERS LTD at £0 based on Net Assets of £-12.3k and 2.33x industry multiple (adjusted for liquidity).
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Torbay Grimebusters Ltd Overview
Torbay Grimebusters Ltd is a live company located in torquay, TQ2 7GL with a Companies House number of 12140856. It operates in the general cleaning of buildings sector, SIC Code 81210. Founded in August 2019, it's largest shareholder is lucy luan slater with a 100% stake. Torbay Grimebusters Ltd is a young, micro sized company, Pomanda has estimated its turnover at £76k with rapid growth in recent years.
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Torbay Grimebusters Ltd Health Check
Pomanda's financial health check has awarded Torbay Grimebusters Ltd a 1.5 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
2 Regular
6 Weak
Size
annual sales of £76k, make it smaller than the average company (£220.5k)
- Torbay Grimebusters Ltd
£220.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (5.8%)
- Torbay Grimebusters Ltd
5.8% - Industry AVG
Production
with a gross margin of 17.6%, this company has a higher cost of product (29.8%)
- Torbay Grimebusters Ltd
29.8% - Industry AVG
Profitability
an operating margin of -16.2% make it less profitable than the average company (4.9%)
- Torbay Grimebusters Ltd
4.9% - Industry AVG
Employees
with 10 employees, this is below the industry average (16)
10 - Torbay Grimebusters Ltd
16 - Industry AVG
Pay Structure
on an average salary of £15.5k, the company has an equivalent pay structure (£15.5k)
- Torbay Grimebusters Ltd
£15.5k - Industry AVG
Efficiency
resulting in sales per employee of £7.6k, this is less efficient (£32.3k)
- Torbay Grimebusters Ltd
£32.3k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (50 days)
- Torbay Grimebusters Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (25 days)
- Torbay Grimebusters Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Torbay Grimebusters Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Torbay Grimebusters Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 247.1%, this is a higher level of debt than the average (66.7%)
247.1% - Torbay Grimebusters Ltd
66.7% - Industry AVG
TORBAY GRIMEBUSTERS LTD financials
Torbay Grimebusters Ltd's latest turnover from February 2023 is estimated at £76 thousand and the company has net assets of -£12.3 thousand. According to their latest financial statements, Torbay Grimebusters Ltd has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Aug 2021 | Aug 2020 | |
|---|---|---|---|
| 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 | 10 | 10 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Aug 2021 | Aug 2020 | |
|---|---|---|---|
| Tangible Assets | 0 | 3,985 | 5,345 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 3,985 | 5,345 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 8,351 | 6,678 | 216 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 8,351 | 6,678 | 216 |
| total assets | 8,351 | 10,663 | 5,561 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 13,918 | 5,777 | 1,566 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 13,918 | 5,777 | 1,566 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 163 | 150 | 713 |
| other liabilities | 6,557 | 6,557 | 1 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 6,720 | 6,707 | 714 |
| total liabilities | 20,638 | 12,484 | 2,280 |
| net assets | -12,287 | -1,821 | 3,281 |
| total shareholders funds | -12,287 | -1,821 | 3,281 |
| Feb 2023 | Aug 2021 | Aug 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 8,351 | 6,462 | 216 |
| Creditors | 13,918 | 4,211 | 1,566 |
| Accruals and Deferred Income | 163 | -563 | 713 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 6,557 | 6,556 | 1 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
torbay grimebusters ltd Credit Report and Business Information
Torbay Grimebusters Ltd Competitor Analysis
Perform a competitor analysis for torbay grimebusters ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in TQ2 area or any other competitors across 12 key performance metrics.
torbay grimebusters ltd Ownership
TORBAY GRIMEBUSTERS LTD group structure
Torbay Grimebusters Ltd has no subsidiary companies.
Ultimate parent company
TORBAY GRIMEBUSTERS LTD
12140856
torbay grimebusters ltd directors
Torbay Grimebusters Ltd currently has 1 director, Mrs Lucy Slater serving since Aug 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Lucy Slater | England | 46 years | Aug 2019 | - | Director |
P&L
February 2023turnover
76k
0%
operating profit
-12.3k
0%
gross margin
17.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-12.3k
0%
total assets
8.4k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
torbay grimebusters ltd company details
company number
12140856
Type
Private limited with Share Capital
industry
81222 - Specialised cleaning services
81299 - Cleaning services (other than disinfecting and extermination services) n.e.c.
81210 - General cleaning of buildings
incorporation date
August 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
16 pitcairn crescent, torquay, TQ2 7GL
Bank
-
Legal Advisor
-
torbay grimebusters 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 torbay grimebusters ltd.
torbay grimebusters ltd 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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torbay grimebusters ltd Companies House Filings - See Documents
| date | description | view/download |
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