tulloch homes (highlands) limited
tulloch homes (highlands) limited Company Information
Group Structure
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Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
7-11 melville street, edinburgh, EH3 7PE
Website
tulloch.comtulloch homes (highlands) limited Estimated Valuation
Pomanda estimates the enterprise value of TULLOCH HOMES (HIGHLANDS) LIMITED at £1m based on a Turnover of £423.2k and 2.43x industry multiple (adjusted for size and gross margin).
tulloch homes (highlands) limited Estimated Valuation
Pomanda estimates the enterprise value of TULLOCH HOMES (HIGHLANDS) LIMITED at £143.5k based on an EBITDA of £29.4k and a 4.89x industry multiple (adjusted for size and gross margin).
tulloch homes (highlands) limited Estimated Valuation
Pomanda estimates the enterprise value of TULLOCH HOMES (HIGHLANDS) LIMITED at £6.3m based on Net Assets of £3.6m and 1.76x industry multiple (adjusted for liquidity).
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Tulloch Homes (highlands) Limited Overview
Tulloch Homes (highlands) Limited is a dissolved company that was located in edinburgh, EH3 7PE with a Companies House number of SC222135. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2001, it's largest shareholder was unknown. The last turnover for Tulloch Homes (highlands) Limited was estimated at £423.2k.
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Tulloch Homes (highlands) Limited Health Check
Pomanda's financial health check has awarded Tulloch Homes (Highlands) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £423.2k, make it in line with the average company (£466.9k)
- Tulloch Homes (highlands) Limited
£466.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -53%, show it is growing at a slower rate (3%)
- Tulloch Homes (highlands) Limited
3% - Industry AVG
Production
with a gross margin of 33.2%, this company has a higher cost of product (75.3%)
- Tulloch Homes (highlands) Limited
75.3% - Industry AVG
Profitability
an operating margin of 6.9% make it less profitable than the average company (48.9%)
- Tulloch Homes (highlands) Limited
48.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Tulloch Homes (highlands) Limited
4 - Industry AVG
Pay Structure
on an average salary of £25.7k, the company has an equivalent pay structure (£25.7k)
- Tulloch Homes (highlands) Limited
£25.7k - Industry AVG
Efficiency
resulting in sales per employee of £211.6k, this is more efficient (£126.8k)
- Tulloch Homes (highlands) Limited
£126.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tulloch Homes (highlands) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 184 days, this is slower than average (43 days)
- Tulloch Homes (highlands) Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 5944 days, this is more than average (57 days)
- Tulloch Homes (highlands) Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (14 weeks)
34 weeks - Tulloch Homes (highlands) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48%, this is a lower level of debt than the average (62.5%)
48% - Tulloch Homes (highlands) Limited
62.5% - Industry AVG
TULLOCH HOMES (HIGHLANDS) LIMITED financials
Tulloch Homes (Highlands) Limited's latest turnover from June 2017 is estimated at £423.2 thousand and the company has net assets of £3.6 million. According to their latest financial statements, we estimate that Tulloch Homes (Highlands) Limited has 2 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 2,674,000 | 9,409,000 | 4,103,983 | 4,033,502 | 6,921,049 | 8,618,925 | 4,043,088 | |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 545,000 | 8,096,000 | 6,043,071 | 3,154,453 | 4,868,696 | 7,028,147 | 2,587,511 | |
| Gross Profit | 2,129,000 | 1,313,000 | -1,939,088 | 879,049 | 2,052,353 | 1,590,778 | 1,455,577 | |
| Admin Expenses | -126,000 | 6,000 | 396,381 | -919,496 | 3,525,441 | 1,059,311 | 819,929 | |
| Operating Profit | 2,255,000 | 1,307,000 | -2,335,469 | 1,798,545 | -1,473,088 | 531,467 | 635,648 | |
| Interest Payable | 449,088 | 628,541 | ||||||
| Interest Receivable | 2,158 | 5,706 | 1,301 | |||||
| Pre-Tax Profit | 2,255,000 | 1,307,000 | -2,335,469 | 1,798,545 | -1,470,930 | 88,085 | 8,408 | |
| Tax | 9,500 | |||||||
| Profit After Tax | 2,255,000 | 1,307,000 | -2,335,469 | 1,798,545 | -1,470,930 | 97,585 | 8,408 | |
| Dividends Paid | ||||||||
| Retained Profit | 2,255,000 | 1,307,000 | -2,335,469 | 1,798,545 | -1,470,930 | 97,585 | 8,408 | |
| Employee Costs | ||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | ||||
| EBITDA* | 2,255,000 | 1,307,000 | -2,335,469 | 1,798,545 | -1,473,088 | 535,073 | 644,749 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,485 | |||||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | 53,000 | 49,000 | 136,000 | 230,574 | 209,471 | 194,089 | 66,000 | |
| Total Fixed Assets | 53,000 | 49,000 | 136,000 | 230,574 | 209,471 | 194,089 | 66,000 | 16,485 |
| Stock & work in progress | 4,605,000 | 5,233,000 | 3,930,000 | 7,852,683 | 9,796,508 | 10,040,358 | 13,281,834 | 15,995,006 |
| Trade Debtors | 3,000 | 3,000 | 12,200 | 394,123 | 4,200 | 294,028 | ||
| Group Debtors | 214 | 196,831 | 453,465 | |||||
| Misc Debtors | 24,000 | 53,000 | 17,000 | 41,379 | 15,172 | 222,453 | 409,139 | 31,093 |
| Cash | 2,219,000 | 1,947,000 | 626,000 | 2,080,690 | 669,918 | 202,968 | 1,947,676 | |
| misc current assets | ||||||||
| total current assets | 6,848,000 | 7,236,000 | 4,576,000 | 9,986,952 | 10,875,935 | 10,666,810 | 15,638,649 | 16,773,592 |
| total assets | 6,901,000 | 7,285,000 | 4,712,000 | 10,217,526 | 11,085,406 | 10,860,899 | 15,704,649 | 16,790,077 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 143,000 | 198,000 | 30,000 | 264,508 | 213,720 | 265,175 | 460,996 | 255,614 |
| Group/Directors Accounts | 3,120,000 | 3,488,000 | 3,245,000 | 9,870,092 | 8,438,894 | 9,857,379 | 13,794,746 | 2,085,674 |
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 47,000 | 36,000 | 129,000 | 82,354 | 206,751 | 310,849 | 120,481 | 162,647 |
| total current liabilities | 3,310,000 | 3,722,000 | 3,404,000 | 10,216,954 | 8,859,365 | 10,433,403 | 14,376,223 | 2,503,935 |
| loans | 13,055,301 | |||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | 13,055,301 | |||||||
| total liabilities | 3,310,000 | 3,722,000 | 3,404,000 | 10,216,954 | 8,859,365 | 10,433,403 | 14,376,223 | 15,559,236 |
| net assets | 3,591,000 | 3,563,000 | 1,308,000 | 572 | 2,226,041 | 427,496 | 1,328,426 | 1,230,841 |
| total shareholders funds | 3,591,000 | 3,563,000 | 1,308,000 | 572 | 2,226,041 | 427,496 | 1,328,426 | 1,230,841 |
| Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 2,255,000 | 1,307,000 | -2,335,469 | 1,798,545 | -1,473,088 | 531,467 | 635,648 | |
| Depreciation | 3,606 | 9,101 | ||||||
| Amortisation | ||||||||
| Tax | 9,500 | |||||||
| Stock | -628,000 | 1,303,000 | -3,922,683 | -1,943,825 | -243,850 | 10,040,358 | -2,713,172 | 15,995,006 |
| Debtors | -28,000 | -51,000 | -128,153 | -334,827 | 1,407 | 617,573 | -303,447 | 778,586 |
| Creditors | -55,000 | 168,000 | -234,508 | 50,788 | -51,455 | 265,175 | 205,382 | 255,614 |
| Accruals and Deferred Income | 11,000 | -93,000 | 46,646 | -124,397 | -104,098 | 310,849 | -42,166 | 162,647 |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | 1,078,000 | 5,169,974 | -130,426 | 1,885,435 | -11,554,995 | 3,724,408 | -15,710,582 | |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -368,000 | 243,000 | -6,625,092 | 1,431,198 | -1,418,485 | 9,857,379 | 11,709,072 | 2,085,674 |
| Other Short Term Loans | ||||||||
| Long term loans | -13,055,301 | 13,055,301 | ||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | 2,158 | -443,382 | -627,240 | |||||
| cash flow from financing | 243,000 | -6,624,664 | 1,541,198 | -1,418,485 | 11,757,963 | -1,789,611 | 15,736,168 | |
| cash and cash equivalents | ||||||||
| cash | 272,000 | 1,321,000 | -1,454,690 | 1,410,772 | 466,950 | 202,968 | 1,947,676 | |
| overdraft | ||||||||
| change in cash | 272,000 | 1,321,000 | -1,454,690 | 1,410,772 | 466,950 | 202,968 | 1,947,676 |
tulloch homes (highlands) limited Credit Report and Business Information
Tulloch Homes (highlands) Limited Competitor Analysis
Perform a competitor analysis for tulloch homes (highlands) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in EH3 area or any other competitors across 12 key performance metrics.
tulloch homes (highlands) limited Ownership
TULLOCH HOMES (HIGHLANDS) LIMITED group structure
Tulloch Homes (Highlands) Limited has no subsidiary companies.
Ultimate parent company
2 parents
TULLOCH HOMES (HIGHLANDS) LIMITED
SC222135
tulloch homes (highlands) limited directors
Tulloch Homes (Highlands) Limited currently has 2 directors. The longest serving directors include Mr Alexander Grant (May 2008) and Mr George Fraser (Dec 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Grant | Scotland | 64 years | May 2008 | - | Director |
| Mr George Fraser | Scotland | 70 years | Dec 2011 | - | Director |
P&L
June 2017turnover
423.2k
-84%
operating profit
29.4k
0%
gross margin
33.2%
-58.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2017net assets
3.6m
+0.01%
total assets
6.9m
-0.05%
cash
2.2m
+0.14%
net assets
Total assets minus all liabilities
tulloch homes (highlands) limited company details
company number
SC222135
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
August 2001
age
24
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
June 2017
previous names
aviemore & highland developments limited (October 2007)
nevismount limited (October 2001)
accountant
-
auditor
-
address
7-11 melville street, edinburgh, EH3 7PE
Bank
BANK OF SCOTLAND
Legal Advisor
-
tulloch homes (highlands) 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 20 charges/mortgages relating to tulloch homes (highlands) limited. Currently there are 0 open charges and 20 have been satisfied in the past.
tulloch homes (highlands) 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 HOMES (HIGHLANDS) LIMITED. This can take several minutes, an email will notify you when this has completed.
tulloch homes (highlands) limited Companies House Filings - See Documents
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