the barn welham lane, great bowden, market harborough, LE16 7FN
Website
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thetford road ltdEstimated Valuation
£227.8k
Pomanda estimates the enterprise value of THETFORD ROAD LTD at £227.8k based on a Turnover of £201.6k and 1.13x industry multiple (adjusted for size and gross margin).
thetford road ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of THETFORD ROAD LTD at £0 based on an EBITDA of £-1.7k and a 3.32x industry multiple (adjusted for size and gross margin).
thetford road ltdEstimated Valuation
£107.8k
Pomanda estimates the enterprise value of THETFORD ROAD LTD at £107.8k based on Net Assets of £74.4k and 1.45x industry multiple (adjusted for liquidity).
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Thetford Road LtdOverview
Thetford Road Ltd is a live company located in market harborough, LE16 7FN with a Companies House number of 12221071. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2019, it's largest shareholder is
dorien road ltd
with a 100% stake. Thetford Road Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£201.6k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Thetford Road Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
2 Regular
8 Weak
Size
annual sales of £201.6k, make it smaller than the average company (£1.5m)
£201.6k - Thetford Road Ltd
£1.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Thetford Road Ltd
- - Industry AVG
Production
with a gross margin of 17.8%, this company has a higher cost of product (48%)
17.8% - Thetford Road Ltd
48% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (16.5%)
-0.8% - Thetford Road Ltd
16.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Thetford Road Ltd
5 - Industry AVG
Pay Structure
on an average salary of £42.5k, the company has an equivalent pay structure (£42.5k)
£42.5k - Thetford Road Ltd
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £201.6k, this is equally as efficient (£234.4k)
£201.6k - Thetford Road Ltd
£234.4k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (27 days)
68 days - Thetford Road Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 282 days, this is slower than average (30 days)
282 days - Thetford Road Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 3047 days, this is more than average (292 days)
3047 days - Thetford Road Ltd
292 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Thetford Road Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.8%, this is a higher level of debt than the average (69%)
94.8% - Thetford Road Ltd
69% - Industry AVG
THETFORD ROAD LTD financials
EXPORT
Thetford Road Ltd's latest turnover from September 2023 is estimated at £201.6 thousand and the company has net assets of £74.4 thousand. According to their latest financial statements, we estimate that Thetford Road Ltd has 1 employee and maintains cash reserves of £1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Turnover
201,589
153,941
152,773
Other Income Or Grants
Cost Of Sales
165,635
125,773
127,259
Gross Profit
35,954
28,169
25,514
Admin Expenses
37,626
31,140
-67,858
Operating Profit
-1,672
-2,971
93,372
Interest Payable
Interest Receivable
922
2,321
86
Pre-Tax Profit
-750
-650
93,458
Tax
-17,757
Profit After Tax
-750
-650
75,701
Dividends Paid
Retained Profit
-750
-650
75,701
Employee Costs
42,454
41,542
40,212
Number Of Employees
1
1
1
EBITDA*
-1,672
-2,971
93,372
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Tangible Assets
Intangible Assets
Investments & Other
1
1
1
1
Debtors (Due After 1 year)
Total Fixed Assets
1
1
1
1
Stock & work in progress
1,382,799
865,672
790,670
Trade Debtors
37,855
48,887
37,687
Group Debtors
Misc Debtors
Cash
1,009
34,131
172,189
99
misc current assets
total current assets
1,421,663
948,690
1,000,546
99
total assets
1,421,664
948,691
1,000,547
100
Bank overdraft
Bank loan
Trade Creditors
128,049
53,140
104,346
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
128,049
53,140
104,346
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,219,214
820,400
820,400
provisions
total long term liabilities
1,219,214
820,400
820,400
total liabilities
1,347,263
873,540
924,746
net assets
74,401
75,151
75,801
100
total shareholders funds
74,401
75,151
75,801
100
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Operating Activities
Operating Profit
-1,672
-2,971
93,372
Depreciation
Amortisation
Tax
-17,757
Stock
517,127
75,002
790,670
Debtors
-11,032
11,200
37,687
Creditors
74,909
-51,206
104,346
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-432,858
-140,379
-648,396
Investing Activities
capital expenditure
Change in Investments
1
cash flow from investments
-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
398,814
820,400
share issue
100
interest
922
2,321
86
cash flow from financing
399,736
2,321
820,486
100
cash and cash equivalents
cash
-33,122
-138,058
172,090
99
overdraft
change in cash
-33,122
-138,058
172,090
99
thetford road ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for thetford road ltd. Get real-time insights into thetford road ltd's credit score, group structure and payment trends.
Perform a competitor analysis for thetford road ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in LE16 area or any other competitors across 12 key performance metrics.
the barn welham lane, great bowden, market harborough, LE16 7FN
Bank
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Legal Advisor
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thetford road 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 found 8 charges/mortgages relating to thetford road ltd. Currently there are 8 open charges and 0 have been satisfied in the past.
thetford road 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.
Click to start generating capital raising & share issue transactions for THETFORD ROAD LTD. This can take several minutes, an email will notify you when this has completed.
thetford road ltdCompanies House Filings - See Documents
