24/26 holdings ltd
24/26 holdings ltd Company Information
Company Number
SC470528
Next Accounts
Jul 2025
Shareholders
theresa taylor
alan taylor
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
30-36 napier place, cumbernauld, glasgow, G68 0LL
Website
southeasttraders.co.uk24/26 holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of 24/26 HOLDINGS LTD at £35.6m based on a Turnover of £50.9m and 0.7x industry multiple (adjusted for size and gross margin).
24/26 holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of 24/26 HOLDINGS LTD at £14.6m based on an EBITDA of £2.6m and a 5.53x industry multiple (adjusted for size and gross margin).
24/26 holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of 24/26 HOLDINGS LTD at £16.1m based on Net Assets of £7.7m and 2.11x industry multiple (adjusted for liquidity).
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24/26 Holdings Ltd Overview
24/26 Holdings Ltd is a live company located in glasgow, G68 0LL with a Companies House number of SC470528. It operates in the activities of head offices sector, SIC Code 70100. Founded in February 2014, it's largest shareholder is theresa taylor with a 48.5% stake. 24/26 Holdings Ltd is a established, large sized company, Pomanda has estimated its turnover at £50.9m with healthy growth in recent years.
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24/26 Holdings Ltd Health Check
Pomanda's financial health check has awarded 24/26 Holdings Ltd a 4 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
3 Regular
5 Weak
Size
annual sales of £50.9m, make it larger than the average company (£19.9m)
£50.9m - 24/26 Holdings Ltd
£19.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.1%)
8% - 24/26 Holdings Ltd
6.1% - Industry AVG
Production
with a gross margin of 8.6%, this company has a higher cost of product (33%)
8.6% - 24/26 Holdings Ltd
33% - Industry AVG
Profitability
an operating margin of 4.9% make it as profitable than the average company (5.7%)
4.9% - 24/26 Holdings Ltd
5.7% - Industry AVG
Employees
with 23 employees, this is below the industry average (110)
23 - 24/26 Holdings Ltd
110 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£47.5k)
£41k - 24/26 Holdings Ltd
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £2.2m, this is more efficient (£197.5k)
£2.2m - 24/26 Holdings Ltd
£197.5k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is earlier than average (45 days)
27 days - 24/26 Holdings Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (43 days)
23 days - 24/26 Holdings Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 65 days, this is more than average (49 days)
65 days - 24/26 Holdings Ltd
49 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - 24/26 Holdings Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.7%, this is a similar level of debt than the average (55.8%)
57.7% - 24/26 Holdings Ltd
55.8% - Industry AVG
24/26 HOLDINGS LTD financials
24/26 Holdings Ltd's latest turnover from October 2023 is £50.9 million and the company has net assets of £7.7 million. According to their latest financial statements, 24/26 Holdings Ltd has 23 employees and maintains cash reserves of £146.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 50,864,835 | 43,086,139 | 36,122,102 | 40,914,316 | 40,712,857 | 42,442,004 | 41,969,392 | 40,116,102 | 42,399,554 | 36,788,910 | 32,400,993 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 46,486,322 | 40,029,500 | 33,874,205 | 38,309,586 | 38,288,203 | 40,022,821 | 39,326,314 | 37,465,865 | 39,883,237 | 34,673,795 | 30,184,057 |
| Gross Profit | 4,378,513 | 3,056,639 | 2,247,897 | 2,604,730 | 2,424,654 | 2,419,183 | 2,643,078 | 2,650,237 | 2,516,317 | 2,115,115 | 2,216,936 |
| Admin Expenses | 1,890,795 | 1,608,459 | 1,519,685 | 1,618,924 | 1,484,657 | 1,327,441 | 1,453,267 | 1,417,342 | 1,283,059 | 1,219,927 | 1,326,937 |
| Operating Profit | 2,487,718 | 1,448,180 | 728,212 | 985,806 | 939,997 | 1,091,742 | 1,189,811 | 1,232,895 | 1,233,258 | 895,188 | 889,999 |
| Interest Payable | 397,151 | 180,655 | 144,341 | 169,399 | 198,402 | 188,390 | 159,876 | 157,898 | 194,630 | 221,289 | 241,173 |
| Interest Receivable | 5,941 | 40 | 62 | 63,097 | 85,093 | ||||||
| Pre-Tax Profit | 2,090,567 | 1,267,525 | 589,812 | 816,407 | 741,595 | 903,352 | 1,029,935 | 1,075,037 | 1,038,690 | 736,996 | 791,356 |
| Tax | -473,412 | -274,146 | -96,946 | -197,611 | -131,889 | -594,786 | -206,917 | -212,716 | -306,076 | -182,295 | -212,319 |
| Profit After Tax | 1,617,155 | 993,379 | 492,866 | 618,796 | 609,706 | 308,566 | 823,018 | 862,321 | 732,614 | 554,701 | 579,037 |
| Dividends Paid | 275,000 | 310,000 | 240,000 | 275,000 | 275,000 | 275,000 | 251,350 | 204,600 | 275,150 | 79,961 | 219,500 |
| Retained Profit | 1,342,155 | 683,379 | 252,866 | 343,796 | 334,706 | 33,566 | 571,668 | 657,721 | 457,464 | 474,740 | 359,537 |
| Employee Costs | 942,678 | 830,673 | 862,428 | 847,871 | 748,722 | 693,530 | 704,276 | 600,678 | 563,396 | 449,048 | 425,052 |
| Number Of Employees | 23 | 20 | 20 | 20 | 20 | 22 | 22 | 20 | 19 | 15 | 13 |
| EBITDA* | 2,640,044 | 1,590,305 | 853,058 | 1,132,107 | 1,068,601 | 1,196,570 | 1,273,642 | 1,314,738 | 1,309,499 | 961,580 | 939,274 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,808,345 | 3,556,886 | 3,079,588 | 2,811,819 | 2,617,043 | 2,595,634 | 2,580,136 | 2,405,280 | 2,331,223 | 1,783,319 | 271,403 |
| Intangible Assets | 86,011 | 59,408 | 88,616 | 140,748 | 185,013 | 195,370 | 170,852 | 150,098 | 175,098 | 200,098 | 251,058 |
| Investments & Other | 114,796 | 109,168 | 96,969 | ||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 4,009,152 | 3,725,462 | 3,265,173 | 2,952,567 | 2,802,056 | 2,791,004 | 2,750,988 | 2,555,378 | 2,506,321 | 1,983,417 | 522,461 |
| Stock & work in progress | 8,395,805 | 6,167,236 | 5,426,900 | 3,555,483 | 4,132,177 | 3,944,055 | 3,996,090 | 3,350,525 | 2,943,485 | 3,203,557 | 3,058,000 |
| Trade Debtors | 3,852,655 | 5,707,152 | 3,633,292 | 3,148,479 | 4,589,738 | 4,826,866 | 4,009,209 | 2,837,970 | 3,673,202 | 3,794,367 | 2,818,373 |
| Group Debtors | |||||||||||
| Misc Debtors | 1,703,735 | 1,797,221 | 2,116,110 | 2,072,219 | 1,849,797 | 1,657,720 | 1,459,152 | 1,450,369 | 1,413,514 | 1,320,055 | 1,109,251 |
| Cash | 146,386 | 86,695 | 167,420 | 122,068 | 772,038 | 366,387 | 548,406 | 116,442 | 435,907 | 68,419 | 304,590 |
| misc current assets | |||||||||||
| total current assets | 14,098,581 | 13,758,304 | 11,343,722 | 8,898,249 | 11,343,750 | 10,795,028 | 10,012,857 | 7,755,306 | 8,466,108 | 8,386,398 | 7,290,214 |
| total assets | 18,107,733 | 17,483,766 | 14,608,895 | 11,850,816 | 14,145,806 | 13,586,032 | 12,763,845 | 10,310,684 | 10,972,429 | 10,369,815 | 7,812,675 |
| Bank overdraft | 5,325,774 | 7,006,512 | 5,415,819 | 3,119,155 | 5,252,139 | 5,297,459 | 4,317,008 | 1,564,071 | 2,251,013 | 2,422,925 | 4,211,038 |
| Bank loan | 316,650 | ||||||||||
| Trade Creditors | 3,036,500 | 2,496,623 | 2,420,106 | 2,212,019 | 2,481,225 | 2,595,894 | 2,117,104 | 2,028,717 | 2,224,158 | 2,807,499 | 1,490,837 |
| Group/Directors Accounts | 184,386 | 199,843 | 220,462 | 505,032 | 11,006 | ||||||
| other short term finances | 2,074,299 | 2,466,034 | 1,635,253 | ||||||||
| hp & lease commitments | 26,536 | 31,313 | |||||||||
| other current liabilities | 1,182,894 | 753,569 | 664,932 | 906,442 | 1,335,460 | 956,120 | 1,439,660 | 327,594 | 337,781 | 251,286 | 408,129 |
| total current liabilities | 9,571,704 | 10,288,017 | 8,500,857 | 6,237,616 | 9,068,824 | 8,849,473 | 8,058,158 | 6,194,524 | 7,499,448 | 7,938,645 | 6,121,010 |
| loans | 316,654 | ||||||||||
| hp & lease commitments | 242,920 | 143,023 | |||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 625,245 | 588,877 | 466,920 | 317,053 | 257,335 | 251,683 | 254,475 | 234,866 | 249,408 | 64,590 | 55,905 |
| total long term liabilities | 868,165 | 731,900 | 466,920 | 317,053 | 257,335 | 251,683 | 254,475 | 234,866 | 249,408 | 64,590 | 372,559 |
| total liabilities | 10,439,869 | 11,019,917 | 8,967,777 | 6,554,669 | 9,326,159 | 9,101,156 | 8,312,633 | 6,429,390 | 7,748,856 | 8,003,235 | 6,493,569 |
| net assets | 7,667,864 | 6,463,849 | 5,641,118 | 5,296,147 | 4,819,647 | 4,484,876 | 4,451,212 | 3,881,294 | 3,223,573 | 2,366,580 | 1,319,106 |
| total shareholders funds | 7,667,864 | 6,463,849 | 5,641,118 | 5,296,147 | 4,819,647 | 4,484,876 | 4,451,212 | 3,881,294 | 3,223,573 | 2,366,580 | 1,319,106 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 2,487,718 | 1,448,180 | 728,212 | 985,806 | 939,997 | 1,091,742 | 1,189,811 | 1,232,895 | 1,233,258 | 895,188 | 889,999 |
| Depreciation | 135,782 | 97,783 | 68,562 | 87,381 | 75,625 | 62,833 | 58,831 | 56,843 | 51,241 | 41,392 | 24,275 |
| Amortisation | 16,544 | 44,342 | 56,284 | 58,920 | 52,979 | 41,995 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 |
| Tax | -473,412 | -274,146 | -96,946 | -197,611 | -131,889 | -594,786 | -206,917 | -212,716 | -306,076 | -182,295 | -212,319 |
| Stock | 2,228,569 | 740,336 | 1,871,417 | -576,694 | 188,122 | -52,035 | 645,565 | 407,040 | -260,072 | 145,557 | 3,058,000 |
| Debtors | -1,947,983 | 1,754,971 | 528,704 | -1,218,837 | -45,051 | 1,016,225 | 1,180,022 | -798,377 | -27,706 | 1,186,798 | 3,927,624 |
| Creditors | 539,877 | 76,517 | 208,087 | -269,206 | -114,669 | 478,790 | 88,387 | -195,441 | -583,341 | 1,316,662 | 1,490,837 |
| Accruals and Deferred Income | 429,325 | 88,637 | -241,510 | -429,018 | 379,340 | -483,540 | 1,112,066 | -10,187 | 86,495 | -156,843 | 408,129 |
| Deferred Taxes & Provisions | 36,368 | 121,957 | 149,867 | 59,718 | 5,652 | -2,792 | 19,609 | -14,542 | 184,818 | 8,685 | 55,905 |
| Cash flow from operations | 2,891,616 | -892,037 | -1,527,565 | 2,091,521 | 1,063,964 | -369,948 | 461,200 | 1,273,189 | 979,173 | 615,434 | -4,303,798 |
| Investing Activities | |||||||||||
| capital expenditure | -129,381 | -282,900 | -130,900 | -99,145 | -980,770 | 284,006 | |||||
| Change in Investments | 5,628 | 12,199 | 96,969 | ||||||||
| cash flow from investments | -5,628 | -12,199 | -96,969 | -129,381 | -282,900 | -130,900 | -99,145 | -980,770 | 284,006 | ||
| Financing Activities | |||||||||||
| Bank loans | -316,650 | 316,650 | |||||||||
| Group/Directors Accounts | -184,386 | -15,457 | -20,619 | -284,570 | 494,026 | 11,006 | |||||
| Other Short Term Loans | -2,074,299 | -391,735 | 830,781 | 1,635,253 | |||||||
| Long term loans | -316,654 | 316,654 | |||||||||
| Hire Purchase and Lease Commitments | 95,120 | 174,336 | |||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | -397,151 | -180,655 | -138,400 | -169,399 | -198,402 | -188,390 | -159,876 | -157,858 | -194,568 | -158,192 | -156,080 |
| cash flow from financing | -440,171 | 133,033 | -46,295 | -36,695 | -198,337 | -372,678 | -2,251,382 | -570,212 | 434,522 | 2,543,817 | 1,131,149 |
| cash and cash equivalents | |||||||||||
| cash | 59,691 | -80,725 | 45,352 | -649,970 | 405,651 | -182,019 | 431,964 | -319,465 | 367,488 | -236,171 | 304,590 |
| overdraft | -1,680,738 | 1,590,693 | 2,296,664 | -2,132,984 | -45,320 | 980,451 | 2,752,937 | -686,942 | -171,912 | -1,788,113 | 4,211,038 |
| change in cash | 1,740,429 | -1,671,418 | -2,251,312 | 1,483,014 | 450,971 | -1,162,470 | -2,320,973 | 367,477 | 539,400 | 1,551,942 | -3,906,448 |
24/26 holdings ltd Credit Report and Business Information
24/26 Holdings Ltd Competitor Analysis
Perform a competitor analysis for 24/26 holdings ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in G68 area or any other competitors across 12 key performance metrics.
24/26 holdings ltd Ownership
24/26 HOLDINGS LTD group structure
24/26 Holdings Ltd has 3 subsidiary companies.
Ultimate parent company
24/26 HOLDINGS LTD
SC470528
3 subsidiaries
24/26 holdings ltd directors
24/26 Holdings Ltd currently has 5 directors. The longest serving directors include Mr Alan Taylor (Feb 2014) and Mrs Theresa Taylor (Feb 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Taylor | Scotland | 65 years | Feb 2014 | - | Director |
| Mrs Theresa Taylor | Scotland | 62 years | Feb 2014 | - | Director |
| Mr Kevin Taylor | Scotland | 38 years | Jan 2024 | - | Director |
| Mr Alan Taylor | Scotland | 43 years | Jan 2024 | - | Director |
| Ms Alana Stewart | Scotland | 28 years | Jan 2024 | - | Director |
P&L
October 2023turnover
50.9m
+18%
operating profit
2.5m
+72%
gross margin
8.7%
+21.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
7.7m
+0.19%
total assets
18.1m
+0.04%
cash
146.4k
+0.69%
net assets
Total assets minus all liabilities
24/26 holdings ltd company details
company number
SC470528
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
AZETS AUDIT SERVICES
address
30-36 napier place, cumbernauld, glasgow, G68 0LL
Bank
-
Legal Advisor
MACROBERTS LLP
24/26 holdings ltd 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 24/26 holdings ltd.
24/26 holdings ltd 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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24/26 holdings ltd Companies House Filings - See Documents
| date | description | view/download |
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