turnstone holdings ltd
turnstone holdings ltd Company Information
Company Number
13023552
Website
-Registered Address
unit 8 atlantic court, chivenor, barnstaple, devon, EX31 4FP
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
joel matthew briggs 50%
philip john moxom 50%
turnstone holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of TURNSTONE HOLDINGS LTD at £849.3k based on a Turnover of £369.2k and 2.3x industry multiple (adjusted for size and gross margin).
turnstone holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of TURNSTONE HOLDINGS LTD at £412.2k based on an EBITDA of £84.8k and a 4.86x industry multiple (adjusted for size and gross margin).
turnstone holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of TURNSTONE HOLDINGS LTD at £140.9k based on Net Assets of £142.3k and 0.99x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Turnstone Holdings Ltd Overview
Turnstone Holdings Ltd is a live company located in barnstaple, EX31 4FP with a Companies House number of 13023552. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2020, it's largest shareholder is joel matthew briggs with a 50% stake. Turnstone Holdings Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £369.2k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Turnstone Holdings Ltd Health Check
Pomanda's financial health check has awarded Turnstone Holdings Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £369.2k, make it smaller than the average company (£868.1k)
- Turnstone Holdings Ltd
£868.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Turnstone Holdings Ltd
- - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (73.2%)
- Turnstone Holdings Ltd
73.2% - Industry AVG
Profitability
an operating margin of 23% make it as profitable than the average company (27.1%)
- Turnstone Holdings Ltd
27.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Turnstone Holdings Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
- Turnstone Holdings Ltd
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £369.2k, this is more efficient (£187.7k)
- Turnstone Holdings Ltd
£187.7k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (32 days)
- Turnstone Holdings Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 127 days, this is slower than average (36 days)
- Turnstone Holdings Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Turnstone Holdings Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Turnstone Holdings Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.2%, this is a higher level of debt than the average (68%)
96.2% - Turnstone Holdings Ltd
68% - Industry AVG
TURNSTONE HOLDINGS LTD financials
Turnstone Holdings Ltd's latest turnover from November 2023 is estimated at £369.2 thousand and the company has net assets of £142.3 thousand. According to their latest financial statements, we estimate that Turnstone Holdings Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| Tangible Assets | 3,625,266 | 3,600,976 | 4,583,536 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 3,625,266 | 3,600,976 | 4,583,536 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 98,891 | 178,436 | 190,518 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 98,891 | 178,436 | 190,518 |
| total assets | 3,724,157 | 3,779,412 | 4,774,054 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 90,255 | 183,728 | 49,294 |
| 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 | 90,255 | 183,728 | 49,294 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 3,491,557 | 3,516,949 | 4,715,030 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 3,491,557 | 3,516,949 | 4,715,030 |
| total liabilities | 3,581,812 | 3,700,677 | 4,764,324 |
| net assets | 142,345 | 78,735 | 9,730 |
| total shareholders funds | 142,345 | 78,735 | 9,730 |
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -79,545 | -12,082 | 190,518 |
| Creditors | -93,473 | 134,434 | 49,294 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| 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 | -25,392 | -1,198,081 | 4,715,030 |
| 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 |
turnstone holdings ltd Credit Report and Business Information
Turnstone Holdings Ltd Competitor Analysis
Perform a competitor analysis for turnstone holdings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EX31 area or any other competitors across 12 key performance metrics.
turnstone holdings ltd Ownership
TURNSTONE HOLDINGS LTD group structure
Turnstone Holdings Ltd has no subsidiary companies.
Ultimate parent company
TURNSTONE HOLDINGS LTD
13023552
turnstone holdings ltd directors
Turnstone Holdings Ltd currently has 2 directors. The longest serving directors include Mr Philip Moxom (Nov 2020) and Mr Joel Briggs (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Moxom | England | 63 years | Nov 2020 | - | Director |
| Mr Joel Briggs | England | 62 years | Nov 2020 | - | Director |
P&L
November 2023turnover
369.2k
-46%
operating profit
84.8k
0%
gross margin
30.1%
+6.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
142.3k
+0.81%
total assets
3.7m
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
turnstone holdings ltd company details
company number
13023552
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
November 2020
age
4
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
November 2023
address
unit 8 atlantic court, chivenor, barnstaple, devon, EX31 4FP
accountant
-
auditor
-
turnstone holdings 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 turnstone holdings ltd.
turnstone holdings ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
