Other information technology and computer service activities
Registered Address
gloucester house, unit q, bourne end business park, cores, bourne end, bucks, SL8 5AS
Website
-
tropical research services limitedEstimated Valuation
£1.8m
Pomanda estimates the enterprise value of TROPICAL RESEARCH SERVICES LIMITED at £1.8m based on a Turnover of £1.7m and 1.07x industry multiple (adjusted for size and gross margin).
tropical research services limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TROPICAL RESEARCH SERVICES LIMITED at £0 based on an EBITDA of £-138.8k and a 7.26x industry multiple (adjusted for size and gross margin).
tropical research services limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TROPICAL RESEARCH SERVICES LIMITED at £0 based on Net Assets of £-491.6k and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tropical Research Services LimitedOverview
Tropical Research Services Limited is a live company located in bourne end, SL8 5AS with a Companies House number of 14458617. It operates in the other information technology service activities sector, SIC Code 62090. Founded in November 2022, it's largest shareholder is
agribriefing limited
with a 100% stake. Tropical Research Services Limited is a startup,
small sized company, Pomanda has estimated its turnover at
£1.7m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Tropical Research Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
0 Regular
7 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£7.4m)
£1.7m - Tropical Research Services Limited
£7.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Tropical Research Services Limited
- - Industry AVG
Production
with a gross margin of 92.4%, this company has a lower cost of product (51.7%)
92.4% - Tropical Research Services Limited
51.7% - Industry AVG
Profitability
an operating margin of -29.4% make it less profitable than the average company (3.5%)
-29.4% - Tropical Research Services Limited
3.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (43)
1 - Tropical Research Services Limited
43 - Industry AVG
Pay Structure
on an average salary of £171.1k, the company has a higher pay structure (£74.4k)
£171.1k - Tropical Research Services Limited
£74.4k - Industry AVG
Efficiency
resulting in sales per employee of £1.7m, this is more efficient (£178.1k)
£1.7m - Tropical Research Services Limited
£178.1k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (52 days)
86 days - Tropical Research Services Limited
52 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tropical Research Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tropical Research Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Tropical Research Services Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.5%, this is a higher level of debt than the average (64.7%)
115.5% - Tropical Research Services Limited
64.7% - Industry AVG
TROPICAL RESEARCH SERVICES LIMITED financials
EXPORT
Tropical Research Services Limited's latest turnover from December 2023 is £1.7 million and the company has net assets of -£491.6 thousand. According to their latest financial statements, Tropical Research Services Limited has 1 employee and maintains cash reserves of £116.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Turnover
1,676,594
Other Income Or Grants
Cost Of Sales
128,058
Gross Profit
1,548,535
Admin Expenses
2,041,810
Operating Profit
-493,275
Interest Payable
Interest Receivable
Pre-Tax Profit
-493,275
Tax
1,658
Profit After Tax
-491,618
Dividends Paid
Retained Profit
-491,618
Employee Costs
171,067
Number Of Employees
1
EBITDA*
-138,785
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Tangible Assets
22,103
Intangible Assets
2,428,943
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,451,046
Stock & work in progress
Trade Debtors
395,532
Group Debtors
Misc Debtors
201,407
Cash
116,507
misc current assets
total current assets
713,447
total assets
3,164,493
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
3,604,708
other short term finances
hp & lease commitments
other current liabilities
51,401
total current liabilities
3,656,109
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
3,656,109
net assets
-491,617
total shareholders funds
-491,617
Dec 2023
Operating Activities
Operating Profit
-493,275
Depreciation
12,486
Amortisation
342,004
Tax
1,658
Stock
Debtors
596,939
Creditors
Accruals and Deferred Income
51,401
Deferred Taxes & Provisions
Cash flow from operations
-682,665
Investing Activities
capital expenditure
-2,805,536
Change in Investments
cash flow from investments
-2,805,536
Financing Activities
Bank loans
Group/Directors Accounts
3,604,708
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
cash flow from financing
3,604,709
cash and cash equivalents
cash
116,507
overdraft
change in cash
116,507
tropical research services limited 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 tropical research services limited. Get real-time insights into tropical research services limited's credit score, group structure and payment trends.
Tropical Research Services Limited Competitor Analysis
Perform a competitor analysis for tropical research services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in SL8 area or any other competitors across 12 key performance metrics.
tropical research services limited Ownership
TROPICAL RESEARCH SERVICES LIMITED group structure
Tropical Research Services Limited has no subsidiary companies.
The sole shareholder of Tropical Research Services Limited is Agribriefing Limited.
agribriefing limited
100%
tropical research services limited directors
Tropical Research Services Limited currently has 2 directors.
The longest serving directors include
Mr Spencer Wicks (Apr 2023) and
Mr Mark Ashworth (Apr 2023).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
-491.6k
0%
total assets
3.2m
0%
cash
116.5k
0%
net assets
Total assets minus all liabilities
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tropical research services limited company details
company number
14458617
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
November 2022
age
3
incorporated
UK
ultimate parent company
FIVE ARROWS PRINCIPAL INVESTMENTS IV
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
acraman 1890 limited (December 2022)
accountant
-
auditor
-
address
gloucester house, unit q, bourne end business park, cores, bourne end, bucks, SL8 5AS
Bank
-
Legal Advisor
-
tropical research services 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 tropical research services limited. Currently there are 1 open charges and 0 have been satisfied in the past.
tropical research services 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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tropical research services limitedCompanies House Filings - See Documents
