torquemeters holdings limited
torquemeters holdings limited Company Information
Company Number
13075603
Next Accounts
Dec 2025
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
trident trust company limited
meelan nanivadekar
View AllGroup Structure
View All
Contact
Registered Address
torquemeters west haddon road, ravensthorpe, northampton, northamptonshire, NN6 8ET
Website
torquemeters.comtorquemeters holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TORQUEMETERS HOLDINGS LIMITED at £15.8m based on a Turnover of £11.2m and 1.41x industry multiple (adjusted for size and gross margin).
torquemeters holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TORQUEMETERS HOLDINGS LIMITED at £4.7m based on an EBITDA of £784.4k and a 6.02x industry multiple (adjusted for size and gross margin).
torquemeters holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TORQUEMETERS HOLDINGS LIMITED at £2.5m based on Net Assets of £2m and 1.26x industry multiple (adjusted for liquidity).
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Torquemeters Holdings Limited Overview
Torquemeters Holdings Limited is a live company located in northampton, NN6 8ET with a Companies House number of 13075603. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2020, it's largest shareholder is trident trust company limited with a 80.4% stake. Torquemeters Holdings Limited is a startup, mid sized company, Pomanda has estimated its turnover at £11.2m with high growth in recent years.
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Torquemeters Holdings Limited Health Check
Pomanda's financial health check has awarded Torquemeters Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £11.2m, make it smaller than the average company (£19.8m)
£11.2m - Torquemeters Holdings Limited
£19.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (11.6%)
16% - Torquemeters Holdings Limited
11.6% - Industry AVG
Production
with a gross margin of 39.3%, this company has a comparable cost of product (34.9%)
39.3% - Torquemeters Holdings Limited
34.9% - Industry AVG
Profitability
an operating margin of 5.5% make it as profitable than the average company (4.7%)
5.5% - Torquemeters Holdings Limited
4.7% - Industry AVG
Employees
with 69 employees, this is below the industry average (107)
69 - Torquemeters Holdings Limited
107 - Industry AVG
Pay Structure
on an average salary of £60.3k, the company has a higher pay structure (£44.9k)
£60.3k - Torquemeters Holdings Limited
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £162.3k, this is less efficient (£195.1k)
£162.3k - Torquemeters Holdings Limited
£195.1k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (45 days)
68 days - Torquemeters Holdings Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 102 days, this is slower than average (43 days)
102 days - Torquemeters Holdings Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 84 days, this is more than average (35 days)
84 days - Torquemeters Holdings Limited
35 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (14 weeks)
23 weeks - Torquemeters Holdings Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.5%, this is a higher level of debt than the average (68.6%)
77.5% - Torquemeters Holdings Limited
68.6% - Industry AVG
TORQUEMETERS HOLDINGS LIMITED financials
Torquemeters Holdings Limited's latest turnover from March 2024 is £11.2 million and the company has net assets of £2 million. According to their latest financial statements, Torquemeters Holdings Limited has 69 employees and maintains cash reserves of £3.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Turnover | 11,200,604 | 8,847,286 | 8,401,778 | 7,202,927 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 6,794,876 | 4,548,136 | 4,811,999 | 3,825,799 |
| Gross Profit | 4,405,728 | 4,299,150 | 3,589,779 | 3,377,128 |
| Admin Expenses | 3,794,700 | 3,258,080 | 2,644,642 | 2,325,478 |
| Operating Profit | 611,028 | 1,041,070 | 945,137 | 1,051,650 |
| Interest Payable | 0 | 0 | 0 | 0 |
| Interest Receivable | 26,390 | 12,256 | 2,622 | 293 |
| Pre-Tax Profit | 637,418 | 1,053,326 | 947,759 | 1,051,943 |
| Tax | -79,945 | -86,562 | -42,285 | -123,410 |
| Profit After Tax | 557,473 | 966,764 | 905,474 | 928,533 |
| Dividends Paid | 0 | 0 | 0 | 739,178 |
| Retained Profit | 557,473 | 966,764 | 905,474 | 189,355 |
| Employee Costs | 4,157,315 | 3,733,754 | 3,204,082 | 3,014,281 |
| Number Of Employees | 69 | 63 | 60 | 58 |
| EBITDA* | 784,414 | 1,197,466 | 1,137,773 | 1,176,510 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 316,038 | 315,277 | 262,230 | 284,540 |
| Intangible Assets | 31,081 | 65,973 | 103,365 | 39,890 |
| Investments & Other | 0 | 0 | 0 | 1,728,849 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 347,119 | 381,250 | 365,595 | 2,053,279 |
| Stock & work in progress | 1,570,602 | 1,497,748 | 1,079,129 | 939,334 |
| Trade Debtors | 2,114,042 | 2,653,046 | 2,006,327 | 1,382,674 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,733,335 | 1,855,463 | 1,186,314 | 757,247 |
| Cash | 3,110,125 | 2,190,889 | 1,352,404 | 3,614,320 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 8,528,104 | 8,197,146 | 5,624,174 | 6,693,575 |
| total assets | 8,875,223 | 8,578,396 | 5,989,769 | 8,746,854 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,914,455 | 1,014,634 | 816,637 | 670,980 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 4,908,434 | 4,886,850 | 2,118,199 | 2,295,269 |
| total current liabilities | 6,822,889 | 5,901,484 | 2,934,836 | 2,966,249 |
| 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 | 57,324 | 85,675 | 70,050 | 208,035 |
| total long term liabilities | 57,324 | 85,675 | 70,050 | 208,035 |
| total liabilities | 6,880,213 | 5,987,159 | 3,004,886 | 3,174,284 |
| net assets | 1,995,010 | 2,591,237 | 2,984,883 | 5,572,570 |
| total shareholders funds | 1,995,010 | 2,591,237 | 2,984,883 | 5,572,570 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 611,028 | 1,041,070 | 945,137 | 1,051,650 |
| Depreciation | 138,494 | 119,004 | 139,411 | 102,716 |
| Amortisation | 34,892 | 37,392 | 53,225 | 22,144 |
| Tax | -79,945 | -86,562 | -42,285 | -123,410 |
| Stock | 72,854 | 418,619 | 139,795 | 939,334 |
| Debtors | -661,132 | 1,315,868 | 1,052,720 | 2,139,921 |
| Creditors | 899,821 | 197,997 | 145,657 | 670,980 |
| Accruals and Deferred Income | 21,584 | 2,768,651 | -177,070 | 2,295,269 |
| Deferred Taxes & Provisions | -28,351 | 15,625 | -137,985 | 208,035 |
| Cash flow from operations | 2,185,801 | 2,358,690 | -266,425 | 1,148,129 |
| Investing Activities | ||||
| capital expenditure | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | -1,728,849 | 1,728,849 |
| cash flow from investments | 0 | 0 | 1,728,849 | -1,728,849 |
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| 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 | 26,390 | 12,256 | 2,622 | 293 |
| cash flow from financing | -1,127,310 | -1,348,154 | -3,490,539 | 5,383,508 |
| cash and cash equivalents | ||||
| cash | 919,236 | 838,485 | -2,261,916 | 3,614,320 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 919,236 | 838,485 | -2,261,916 | 3,614,320 |
torquemeters holdings limited Credit Report and Business Information
Torquemeters Holdings Limited Competitor Analysis
Perform a competitor analysis for torquemeters holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in NN6 area or any other competitors across 12 key performance metrics.
torquemeters holdings limited Ownership
TORQUEMETERS HOLDINGS LIMITED group structure
Torquemeters Holdings Limited has 1 subsidiary company.
Ultimate parent company
TORQUEMETERS HOLDINGS LIMITED
13075603
1 subsidiary
torquemeters holdings limited directors
Torquemeters Holdings Limited currently has 4 directors. The longest serving directors include Mr James Van Millingen (Dec 2020) and Mr Benjamin Van Millingen (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Van Millingen | United Kingdom | 71 years | Dec 2020 | - | Director |
| Mr Benjamin Van Millingen | United Kingdom | 66 years | Dec 2020 | - | Director |
| Mr Geoffrey Robinson | United Kingdom | 52 years | Jul 2022 | - | Director |
| Mr Martin Aldwinckle | United Kingdom | 51 years | Jul 2022 | - | Director |
P&L
March 2024turnover
11.2m
+27%
operating profit
611k
-41%
gross margin
39.4%
-19.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2m
-0.23%
total assets
8.9m
+0.03%
cash
3.1m
+0.42%
net assets
Total assets minus all liabilities
Similar Companies
torquemeters holdings limited company details
company number
13075603
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
December 2020
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
MHA
address
torquemeters west haddon road, ravensthorpe, northampton, northamptonshire, NN6 8ET
Bank
-
Legal Advisor
-
torquemeters holdings 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 torquemeters holdings limited. Currently there are 0 open charges and 1 have been satisfied in the past.
torquemeters holdings 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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torquemeters holdings limited Companies House Filings - See Documents
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