tulloch of cummingston limited
tulloch of cummingston limited Company Information
Company Number
SC152379
Next Accounts
Dec 2025
Shareholders
john william tulloch
john tulloch discretionary trust
View AllGroup Structure
View All
Industry
Construction of domestic buildings
Registered Address
tulloch house, forsyth street, hopeman, moray, IV30 5ST
tulloch of cummingston limited Estimated Valuation
Pomanda estimates the enterprise value of TULLOCH OF CUMMINGSTON LIMITED at £2.1m based on a Turnover of £4.3m and 0.5x industry multiple (adjusted for size and gross margin).
tulloch of cummingston limited Estimated Valuation
Pomanda estimates the enterprise value of TULLOCH OF CUMMINGSTON LIMITED at £3.2m based on an EBITDA of £755k and a 4.22x industry multiple (adjusted for size and gross margin).
tulloch of cummingston limited Estimated Valuation
Pomanda estimates the enterprise value of TULLOCH OF CUMMINGSTON LIMITED at £21.3m based on Net Assets of £15.4m and 1.39x industry multiple (adjusted for liquidity).
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Tulloch Of Cummingston Limited Overview
Tulloch Of Cummingston Limited is a live company located in hopeman, IV30 5ST with a Companies House number of SC152379. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in August 1994, it's largest shareholder is john william tulloch with a 51% stake. Tulloch Of Cummingston Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.3m with declining growth in recent years.
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Tulloch Of Cummingston Limited Health Check
Pomanda's financial health check has awarded Tulloch Of Cummingston Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £4.3m, make it larger than the average company (£478.4k)
£4.3m - Tulloch Of Cummingston Limited
£478.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (9.9%)
-9% - Tulloch Of Cummingston Limited
9.9% - Industry AVG
Production
with a gross margin of 25.4%, this company has a lower cost of product (19.6%)
25.4% - Tulloch Of Cummingston Limited
19.6% - Industry AVG
Profitability
an operating margin of 13.3% make it more profitable than the average company (4.8%)
13.3% - Tulloch Of Cummingston Limited
4.8% - Industry AVG
Employees
with 58 employees, this is above the industry average (3)
58 - Tulloch Of Cummingston Limited
3 - Industry AVG
Pay Structure
on an average salary of £34.3k, the company has an equivalent pay structure (£41.9k)
£34.3k - Tulloch Of Cummingston Limited
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £74.4k, this is less efficient (£197.8k)
£74.4k - Tulloch Of Cummingston Limited
£197.8k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is near the average (25 days)
22 days - Tulloch Of Cummingston Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (29 days)
62 days - Tulloch Of Cummingston Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 1697 days, this is more than average (250 days)
1697 days - Tulloch Of Cummingston Limited
250 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (13 weeks)
16 weeks - Tulloch Of Cummingston Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.9%, this is a lower level of debt than the average (73%)
11.9% - Tulloch Of Cummingston Limited
73% - Industry AVG
TULLOCH OF CUMMINGSTON LIMITED financials
Tulloch Of Cummingston Limited's latest turnover from March 2024 is £4.3 million and the company has net assets of £15.4 million. According to their latest financial statements, Tulloch Of Cummingston Limited has 58 employees and maintains cash reserves of £474.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,316,372 | 6,929,271 | 6,555,997 | 5,637,099 | 6,463,399 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 3,220,009 | 5,502,119 | 4,716,494 | 4,651,166 | 4,595,046 | ||||||||||
| Gross Profit | 1,096,363 | 1,427,152 | 1,839,503 | 985,933 | 1,868,353 | ||||||||||
| Admin Expenses | 521,052 | 542,238 | 487,566 | 96,180 | 414,152 | ||||||||||
| Operating Profit | 575,311 | 884,914 | 1,351,937 | 889,753 | 1,454,201 | ||||||||||
| Interest Payable | 30,223 | 37,712 | 37,759 | 40,533 | 47,951 | ||||||||||
| Interest Receivable | 8,730 | 12,021 | |||||||||||||
| Pre-Tax Profit | 551,903 | 856,868 | 1,336,840 | 864,896 | 1,451,773 | ||||||||||
| Tax | -141,730 | -157,345 | -288,782 | -165,628 | -288,886 | ||||||||||
| Profit After Tax | 410,173 | 699,523 | 1,048,058 | 699,268 | 1,162,887 | ||||||||||
| Dividends Paid | 32,460 | 47,608 | 29,649 | 59,510 | 45,011 | ||||||||||
| Retained Profit | 377,713 | 651,915 | 1,018,409 | 639,758 | 1,117,876 | ||||||||||
| Employee Costs | 1,990,644 | 1,873,123 | 1,672,272 | 1,482,661 | 1,510,413 | ||||||||||
| Number Of Employees | 58 | 60 | 57 | 52 | 56 | 59 | 49 | 49 | 49 | ||||||
| EBITDA* | 755,000 | 1,079,696 | 1,532,709 | 1,022,735 | 1,591,457 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 856,374 | 946,109 | 1,012,034 | 732,249 | 785,739 | 731,012 | 621,521 | 536,997 | 608,804 | 1,214,191 | 999,408 | 1,012,735 | 1,074,321 | 920,706 | 911,529 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 480,000 | 480,000 | 480,000 | 480,000 | 480,000 | 480,000 | 480,000 | 480,000 | 480,000 | 100 | 100 | 100 | 100 | 100 | |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,336,374 | 1,426,109 | 1,492,034 | 1,212,249 | 1,265,739 | 1,211,012 | 1,101,521 | 1,016,997 | 1,088,804 | 1,214,191 | 999,508 | 1,012,835 | 1,074,421 | 920,806 | 911,629 |
| Stock & work in progress | 14,979,520 | 12,738,592 | 12,620,358 | 9,615,434 | 9,744,082 | 10,237,241 | 9,229,786 | 8,853,056 | 8,727,639 | 8,273,662 | 8,883,279 | 8,385,073 | 7,886,235 | 8,354,693 | 10,180,440 |
| Trade Debtors | 266,082 | 577,320 | 765,269 | 187,134 | 258,249 | 240,937 | 62,113 | 248,973 | 120,239 | 1,284,316 | 237,829 | 367,162 | 712,480 | 133,508 | 622,901 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 422,498 | 438,162 | 176,823 | 90,870 | 95,993 | 80,945 | 1,656,530 | 1,159,729 | 832,515 | 24,153 | 33,985 | 19,739 | 21,982 | 20,599 | |
| Cash | 474,319 | 2,078,795 | 1,416,305 | 2,538,693 | 3,344,242 | 1,870,970 | 630,944 | 600,628 | 985,138 | 906,877 | 380,232 | 619,398 | 477,441 | 498,514 | |
| misc current assets | 1,500,000 | ||||||||||||||
| total current assets | 16,142,419 | 15,832,869 | 14,978,755 | 13,932,131 | 13,442,566 | 12,430,093 | 11,579,373 | 10,862,386 | 10,665,531 | 10,489,008 | 9,501,340 | 9,405,618 | 9,095,895 | 9,008,697 | 10,823,940 |
| total assets | 17,478,793 | 17,258,978 | 16,470,789 | 15,144,380 | 14,708,305 | 13,641,105 | 12,680,894 | 11,879,383 | 11,754,335 | 11,703,199 | 10,500,848 | 10,418,453 | 10,170,316 | 9,929,503 | 11,735,569 |
| Bank overdraft | 24,252 | 24,252 | |||||||||||||
| Bank loan | 50,789 | 48,840 | 46,966 | 44,440 | 43,430 | 541,005 | 24,252 | ||||||||
| Trade Creditors | 550,999 | 515,044 | 262,019 | 359,013 | 281,137 | 289,222 | 399,538 | 268,935 | 287,710 | 769,406 | 1,468,028 | 985,049 | 907,745 | 1,060,827 | 3,655,968 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 321,253 | 335,994 | 331,488 | 369,216 | 428,345 | ||||||||||
| hp & lease commitments | 91,770 | 113,757 | 112,042 | 56,724 | 61,235 | ||||||||||
| other current liabilities | 480,304 | 475,331 | 461,352 | 335,045 | 443,790 | 555,455 | 368,653 | 280,585 | 273,820 | ||||||
| total current liabilities | 1,495,115 | 1,488,966 | 1,213,867 | 1,164,438 | 1,257,937 | 1,385,682 | 792,443 | 573,772 | 585,782 | 769,406 | 1,468,028 | 985,049 | 907,745 | 1,060,827 | 3,655,968 |
| loans | 280,411 | 331,284 | 380,147 | 427,864 | 473,027 | 544,510 | 568,981 | 629,678 | |||||||
| hp & lease commitments | 127,038 | 218,818 | 292,211 | 92,729 | 148,885 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 567,764 | 518,226 | 509,167 | 610,170 | 1,324,364 | 518,302 | 1,363,987 | 1,725,855 | 1,978,647 | 1,673,704 | |||||
| provisions | 181,929 | 203,323 | 219,892 | 113,086 | 121,951 | 99,030 | 79,636 | 64,486 | 80,459 | 113,384 | 57,344 | 64,964 | 79,089 | 69,438 | 59,906 |
| total long term liabilities | 589,378 | 753,425 | 892,250 | 633,679 | 743,863 | 666,794 | 1,142,372 | 1,142,634 | 1,320,307 | 1,437,748 | 575,646 | 1,428,951 | 1,804,944 | 2,048,085 | 1,733,610 |
| total liabilities | 2,084,493 | 2,242,391 | 2,106,117 | 1,798,117 | 2,001,800 | 2,052,476 | 1,934,815 | 1,716,406 | 1,906,089 | 2,207,154 | 2,043,674 | 2,414,000 | 2,712,689 | 3,108,912 | 5,389,578 |
| net assets | 15,394,300 | 15,016,587 | 14,364,672 | 13,346,263 | 12,706,505 | 11,588,629 | 10,746,079 | 10,162,977 | 9,848,246 | 9,496,045 | 8,457,174 | 8,004,453 | 7,457,627 | 6,820,591 | 6,345,991 |
| total shareholders funds | 15,394,300 | 15,016,587 | 14,364,672 | 13,346,263 | 12,706,505 | 11,588,629 | 10,746,079 | 10,162,977 | 9,848,246 | 9,496,045 | 8,457,174 | 8,004,453 | 7,457,627 | 6,820,591 | 6,345,991 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 575,311 | 884,914 | 1,351,937 | 889,753 | 1,454,201 | ||||||||||
| Depreciation | 179,689 | 194,782 | 180,772 | 132,982 | 137,256 | 104,902 | 101,652 | 104,199 | 133,006 | 79,842 | 81,378 | 95,320 | 80,258 | 79,307 | 78,492 |
| Amortisation | |||||||||||||||
| Tax | -141,730 | -157,345 | -288,782 | -165,628 | -288,886 | ||||||||||
| Stock | 2,240,928 | 118,234 | 3,004,924 | -128,648 | -493,159 | 1,007,455 | 376,730 | 125,417 | 453,977 | -609,617 | 498,206 | 498,838 | -468,458 | -1,825,747 | 10,180,440 |
| Debtors | -326,902 | 73,390 | 664,088 | -76,238 | 32,360 | -1,396,761 | 309,941 | 455,948 | -355,715 | 1,070,640 | -163,318 | -331,072 | 576,729 | -488,010 | 643,500 |
| Creditors | 35,955 | 253,025 | -96,994 | 77,876 | -8,085 | -110,316 | 130,603 | -18,775 | -481,696 | -698,622 | 482,979 | 77,304 | -153,082 | -2,595,141 | 3,655,968 |
| Accruals and Deferred Income | 4,973 | 13,979 | 126,307 | -108,745 | -111,665 | 186,802 | 88,068 | 6,765 | 273,820 | ||||||
| Deferred Taxes & Provisions | -21,394 | -16,569 | 106,806 | -8,865 | 22,921 | 19,394 | 15,150 | -15,973 | -32,925 | 56,040 | -7,620 | -14,125 | 9,651 | 9,532 | 59,906 |
| Cash flow from operations | -1,281,222 | 981,162 | -2,288,966 | 1,022,259 | 1,666,541 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 480,000 | -100 | 100 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 1,949 | 1,874 | 2,526 | 1,010 | -497,575 | 516,753 | 24,252 | ||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -14,741 | 4,506 | -37,728 | -59,129 | 428,345 | ||||||||||
| Long term loans | -50,873 | -48,863 | -47,717 | -45,163 | 473,027 | -544,510 | -24,471 | -60,697 | 629,678 | ||||||
| Hire Purchase and Lease Commitments | -113,767 | -71,678 | 254,800 | -60,667 | 210,120 | ||||||||||
| other long term liabilities | -567,764 | 49,538 | 9,059 | -101,003 | -714,194 | 806,062 | -845,685 | -361,868 | -252,792 | 304,943 | 1,673,704 | ||||
| share issue | |||||||||||||||
| interest | -30,223 | -37,712 | -37,759 | -31,803 | -35,930 | ||||||||||
| cash flow from financing | -207,655 | -151,873 | 134,122 | -195,752 | 10,223 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -1,604,476 | 662,490 | -1,122,388 | -805,549 | 1,473,272 | 1,240,026 | 30,316 | -384,510 | 78,261 | 526,645 | -239,166 | 141,957 | -21,073 | 498,514 | |
| overdraft | -24,252 | 24,252 | |||||||||||||
| change in cash | -1,604,476 | 662,490 | -1,122,388 | -805,549 | 1,473,272 | 1,240,026 | 54,568 | -384,510 | 54,009 | 526,645 | -239,166 | 141,957 | -21,073 | 498,514 |
tulloch of cummingston limited Credit Report and Business Information
Tulloch Of Cummingston Limited Competitor Analysis
Perform a competitor analysis for tulloch of cummingston limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in IV30 area or any other competitors across 12 key performance metrics.
tulloch of cummingston limited Ownership
TULLOCH OF CUMMINGSTON LIMITED group structure
Tulloch Of Cummingston Limited has no subsidiary companies.
Ultimate parent company
TULLOCH OF CUMMINGSTON LIMITED
SC152379
tulloch of cummingston limited directors
Tulloch Of Cummingston Limited currently has 3 directors. The longest serving directors include Mrs Margaretta Tulloch (Aug 1994) and Mr John Tulloch (Aug 1994).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Margaretta Tulloch | Scotland | 88 years | Aug 1994 | - | Director |
| Mr John Tulloch | 87 years | Aug 1994 | - | Director | |
| Mr John Tulloch | 61 years | Aug 1994 | - | Director |
P&L
March 2024turnover
4.3m
-38%
operating profit
575.3k
-35%
gross margin
25.5%
+23.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
15.4m
+0.03%
total assets
17.5m
+0.01%
cash
474.3k
-0.77%
net assets
Total assets minus all liabilities
tulloch of cummingston limited company details
company number
SC152379
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
August 1994
age
31
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
JOHNSTON CARMICHAEL LLP
address
tulloch house, forsyth street, hopeman, moray, IV30 5ST
Bank
BANK OF SCOTLAND
Legal Advisor
ALLAN BLACK & MCCASKIE
tulloch of cummingston 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 13 charges/mortgages relating to tulloch of cummingston limited. Currently there are 8 open charges and 5 have been satisfied in the past.
tulloch of cummingston 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.
Click to start generating capital raising & share issue transactions for TULLOCH OF CUMMINGSTON LIMITED. This can take several minutes, an email will notify you when this has completed.
tulloch of cummingston limited Companies House Filings - See Documents
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