traverse trading limited
traverse trading limited Company Information
Company Number
SC076054
Next Accounts
Mar 2025
Directors
Shareholders
traverse theatre (scotland) ltd
Group Structure
View All
Industry
Public houses and bars
Registered Address
titanium 1 kings inch place, renfrew, PA4 8WF
Website
www.traverse.co.uktraverse trading limited Estimated Valuation
Pomanda estimates the enterprise value of TRAVERSE TRADING LIMITED at £268.5k based on a Turnover of £434.7k and 0.62x industry multiple (adjusted for size and gross margin).
traverse trading limited Estimated Valuation
Pomanda estimates the enterprise value of TRAVERSE TRADING LIMITED at £99.1k based on an EBITDA of £22.8k and a 4.34x industry multiple (adjusted for size and gross margin).
traverse trading limited Estimated Valuation
Pomanda estimates the enterprise value of TRAVERSE TRADING LIMITED at £0 based on Net Assets of £-151.6k and 1.93x industry multiple (adjusted for liquidity).
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Traverse Trading Limited Overview
Traverse Trading Limited is a dissolved company that was located in renfrew, PA4 8WF with a Companies House number of SC076054. It operated in the public houses and bars sector, SIC Code 56302. Founded in September 1981, it's largest shareholder was traverse theatre (scotland) ltd with a 100% stake. The last turnover for Traverse Trading Limited was estimated at £434.7k.
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Traverse Trading Limited Health Check
Pomanda's financial health check has awarded Traverse Trading Limited 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
1 Strong
3 Regular
8 Weak
Size
annual sales of £434.7k, make it smaller than the average company (£593.1k)
£434.7k - Traverse Trading Limited
£593.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (3.4%)
-2% - Traverse Trading Limited
3.4% - Industry AVG
Production
with a gross margin of 62.1%, this company has a comparable cost of product (58.1%)
62.1% - Traverse Trading Limited
58.1% - Industry AVG
Profitability
an operating margin of 3.4% make it less profitable than the average company (5%)
3.4% - Traverse Trading Limited
5% - Industry AVG
Employees
with 15 employees, this is below the industry average (21)
15 - Traverse Trading Limited
21 - Industry AVG
Pay Structure
on an average salary of £15.6k, the company has an equivalent pay structure (£15.6k)
- Traverse Trading Limited
£15.6k - Industry AVG
Efficiency
resulting in sales per employee of £29k, this is less efficient (£50.7k)
£29k - Traverse Trading Limited
£50.7k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (9 days)
2 days - Traverse Trading Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (45 days)
36 days - Traverse Trading Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is in line with average (15 days)
15 days - Traverse Trading Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (13 weeks)
2 weeks - Traverse Trading Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 566.3%, this is a higher level of debt than the average (77.8%)
566.3% - Traverse Trading Limited
77.8% - Industry AVG
TRAVERSE TRADING LIMITED financials
Traverse Trading Limited's latest turnover from March 2019 is £434.7 thousand and the company has net assets of -£151.6 thousand. According to their latest financial statements, Traverse Trading Limited has 15 employees and maintains cash reserves of £9.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 434,730 | 448,374 | 463,849 | 468,684 | 484,824 | 487,489 | 536,997 | 466,886 | 403,687 | 459,213 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 164,966 | 179,997 | 180,065 | 168,631 | 172,348 | 200,726 | 213,178 | 197,681 | 164,546 | 177,275 |
| Gross Profit | 269,764 | 268,377 | 283,784 | 300,053 | 312,476 | 286,763 | 323,819 | 269,205 | 239,141 | 281,938 |
| Admin Expenses | 255,044 | 263,074 | 282,190 | 308,709 | 313,904 | 298,478 | 329,379 | 285,236 | 240,170 | 282,288 |
| Operating Profit | 14,720 | 5,303 | 1,594 | -8,656 | -1,428 | -11,715 | -5,560 | -16,031 | -1,029 | -350 |
| Interest Payable | 2,246 | 365 | 974 | 1,578 | 2,179 | 2,780 | 1,628 | 2,248 | 6,590 | 4,658 |
| Interest Receivable | 2 | 119 | 4 | 9 | 13 | 9 | 9 | 6 | ||
| Pre-Tax Profit | 12,476 | 4,938 | 620 | -10,115 | -3,603 | -14,486 | -7,175 | -18,270 | -7,610 | -344 |
| Tax | ||||||||||
| Profit After Tax | 12,476 | 4,938 | 620 | -10,115 | -3,603 | -14,486 | -7,175 | -18,270 | -7,610 | -344 |
| Dividends Paid | ||||||||||
| Retained Profit | 12,476 | 4,938 | 620 | -10,115 | -3,603 | -14,486 | -7,175 | -18,270 | -7,610 | -344 |
| Employee Costs | 224,251 | 200,541 | 167,538 | 197,321 | ||||||
| Number Of Employees | 15 | 17 | 16 | 17 | ||||||
| EBITDA* | 22,844 | 12,383 | 11,899 | 5,345 | 6,984 | -6,265 | 130 | -9,494 | 3,342 | 6,653 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,196 | 13,478 | 18,001 | 26,230 | 13,814 | 15,904 | 17,069 | 16,240 | 17,606 | 21,977 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 9,196 | 13,478 | 18,001 | 26,230 | 13,814 | 15,904 | 17,069 | 16,240 | 17,606 | 21,977 |
| Stock & work in progress | 6,917 | 7,226 | 7,091 | 7,142 | 8,996 | 11,693 | 11,087 | 10,116 | 10,224 | 11,826 |
| Trade Debtors | 3,097 | 1,848 | 1,615 | 1,616 | 71,550 | 1,319 | 1,065 | 12,506 | 4,425 | 2,836 |
| Group Debtors | 2,945 | 2,945 | 2,945 | 2,945 | 2,945 | 2,945 | 2,945 | 2,945 | 3,065 | 2,945 |
| Misc Debtors | 545 | 1,505 | 1,060 | 15,523 | 78,525 | 758 | 1,531 | 2,800 | 3,798 | 945 |
| Cash | 9,819 | 8,963 | 9,542 | 4,039 | 3,046 | 18,370 | 23,821 | 15,850 | 28,189 | 20,566 |
| misc current assets | ||||||||||
| total current assets | 23,323 | 22,487 | 22,253 | 31,265 | 165,062 | 35,085 | 40,449 | 44,217 | 49,701 | 39,118 |
| total assets | 32,519 | 35,965 | 40,254 | 57,495 | 178,876 | 50,989 | 57,518 | 60,457 | 67,307 | 61,095 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 16,284 | 195,792 | 11,053 | 20,367 | 101,849 | 23,790 | 31,447 | 22,955 | 24,119 | 23,439 |
| Group/Directors Accounts | 144,310 | 165,745 | 153,234 | 159,264 | 168,679 | 153,263 | 156,816 | 140,774 | 122,907 | |
| other short term finances | 2,374 | 4,200 | 4,200 | 4,200 | ||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 23,562 | 23,935 | 40,709 | 77,319 | 14,473 | 11,901 | 7,873 | 6,740 | 7,008 | |
| total current liabilities | 184,156 | 195,792 | 200,733 | 214,310 | 338,432 | 206,942 | 198,985 | 191,844 | 175,833 | 157,554 |
| loans | 2,905 | 7,496 | 11,953 | |||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | 4,286 | 8,572 | 12,856 | |||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | 4,286 | 8,572 | 12,856 | 2,905 | 7,496 | 11,953 | ||||
| total liabilities | 184,156 | 200,078 | 209,305 | 227,166 | 338,432 | 206,942 | 198,985 | 194,749 | 183,329 | 169,507 |
| net assets | -151,637 | -164,113 | -169,051 | -169,671 | -159,556 | -155,953 | -141,467 | -134,292 | -116,022 | -108,412 |
| total shareholders funds | -151,637 | -164,113 | -169,051 | -169,671 | -159,556 | -155,953 | -141,467 | -134,292 | -116,022 | -108,412 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 14,720 | 5,303 | 1,594 | -8,656 | -1,428 | -11,715 | -5,560 | -16,031 | -1,029 | -350 |
| Depreciation | 8,124 | 7,080 | 10,305 | 14,001 | 8,412 | 5,450 | 5,690 | 6,537 | 4,371 | 7,003 |
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | -309 | 135 | -51 | -1,854 | -2,697 | 606 | 971 | -108 | -1,602 | 11,826 |
| Debtors | 289 | 678 | -14,464 | -132,936 | 147,998 | -519 | -12,710 | 6,963 | 4,562 | 6,726 |
| Creditors | -179,508 | 184,739 | -9,314 | -81,482 | 78,059 | -7,657 | 8,492 | -1,164 | 680 | 23,439 |
| Accruals and Deferred Income | 19,276 | -28,221 | -21,058 | -23,754 | 62,846 | 2,572 | 4,028 | 1,133 | -268 | 7,008 |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | -137,368 | 168,088 | -3,958 | 34,899 | 2,588 | -11,437 | 24,389 | -16,380 | 794 | 18,548 |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | 144,310 | -165,745 | 12,511 | -6,030 | -9,415 | 15,416 | -3,553 | 16,042 | 17,867 | 122,907 |
| Other Short Term Loans | -2,374 | -1,826 | 4,200 | |||||||
| Long term loans | -2,905 | -4,591 | -4,457 | 11,953 | ||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | -2,244 | -365 | -974 | -1,459 | -2,175 | -2,771 | -1,615 | -2,239 | -6,581 | -4,652 |
| cash flow from financing | 142,066 | -166,110 | 11,537 | -7,489 | -11,590 | 10,271 | -9,899 | 9,212 | 6,829 | 26,340 |
| cash and cash equivalents | ||||||||||
| cash | 856 | -579 | 5,503 | 993 | -15,324 | -5,451 | 7,971 | -12,339 | 7,623 | 20,566 |
| overdraft | ||||||||||
| change in cash | 856 | -579 | 5,503 | 993 | -15,324 | -5,451 | 7,971 | -12,339 | 7,623 | 20,566 |
traverse trading limited Credit Report and Business Information
Traverse Trading Limited Competitor Analysis
Perform a competitor analysis for traverse trading limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in PA4 area or any other competitors across 12 key performance metrics.
traverse trading limited Ownership
TRAVERSE TRADING LIMITED group structure
Traverse Trading Limited has no subsidiary companies.
Ultimate parent company
1 parent
TRAVERSE TRADING LIMITED
SC076054
traverse trading limited directors
Traverse Trading Limited currently has 1 director, Sir John Elvidge serving since Mar 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Sir John Elvidge | Scotland | 74 years | Mar 2014 | - | Director |
P&L
March 2019turnover
434.7k
-3%
operating profit
14.7k
+178%
gross margin
62.1%
+3.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
-151.6k
-0.08%
total assets
32.5k
-0.1%
cash
9.8k
+0.1%
net assets
Total assets minus all liabilities
traverse trading limited company details
company number
SC076054
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
September 1981
age
44
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2019
previous names
edmonstone properties limited (March 1994)
accountant
-
auditor
SCOTT-MONCRIEFF
address
titanium 1 kings inch place, renfrew, PA4 8WF
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
traverse trading 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 did not find charges/mortgages relating to traverse trading limited.
traverse trading 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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traverse trading limited Companies House Filings - See Documents
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