thistle-peat limited Company Information
Company Number
SC473446
Next Accounts
Dec 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
aimee louise stephen
derek william stephen
View AllGroup Structure
View All
Contact
Registered Address
thistle house thistle street, edinburgh, EH2 1DF
Website
www.thistleproperty.co.ukthistle-peat limited Estimated Valuation
Pomanda estimates the enterprise value of THISTLE-PEAT LIMITED at £939.7k based on a Turnover of £266.6k and 3.52x industry multiple (adjusted for size and gross margin).
thistle-peat limited Estimated Valuation
Pomanda estimates the enterprise value of THISTLE-PEAT LIMITED at £15.4m based on an EBITDA of £2.2m and a 6.97x industry multiple (adjusted for size and gross margin).
thistle-peat limited Estimated Valuation
Pomanda estimates the enterprise value of THISTLE-PEAT LIMITED at £13.3m based on Net Assets of £7.7m and 1.71x industry multiple (adjusted for liquidity).
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Thistle-peat Limited Overview
Thistle-peat Limited is a live company located in edinburgh, EH2 1DF with a Companies House number of SC473446. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2014, it's largest shareholder is aimee louise stephen with a 25% stake. Thistle-peat Limited is a established, micro sized company, Pomanda has estimated its turnover at £266.6k with declining growth in recent years.
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Thistle-peat Limited Health Check
Pomanda's financial health check has awarded Thistle-Peat Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £266.6k, make it smaller than the average company (£917k)
- Thistle-peat Limited
£917k - Industry AVG
Growth
3 year (CAGR) sales growth of -40%, show it is growing at a slower rate (4.9%)
- Thistle-peat Limited
4.9% - Industry AVG
Production
with a gross margin of 75.3%, this company has a comparable cost of product (75.3%)
- Thistle-peat Limited
75.3% - Industry AVG
Profitability
an operating margin of 827.3% make it more profitable than the average company (29.8%)
- Thistle-peat Limited
29.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Thistle-peat Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)
- Thistle-peat Limited
£32.4k - Industry AVG
Efficiency
resulting in sales per employee of £133.3k, this is less efficient (£177.5k)
- Thistle-peat Limited
£177.5k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (31 days)
- Thistle-peat Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 481 days, this is slower than average (38 days)
- Thistle-peat Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Thistle-peat Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - Thistle-peat Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63%, this is a similar level of debt than the average (63.6%)
63% - Thistle-peat Limited
63.6% - Industry AVG
THISTLE-PEAT LIMITED financials
Thistle-Peat Limited's latest turnover from March 2024 is estimated at £266.6 thousand and the company has net assets of £7.7 million. According to their latest financial statements, we estimate that Thistle-Peat Limited has 2 employees and maintains cash reserves of £107.5 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 | |
---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||
Other Income Or Grants | ||||||||||
Cost Of Sales | ||||||||||
Gross Profit | ||||||||||
Admin Expenses | ||||||||||
Operating Profit | ||||||||||
Interest Payable | ||||||||||
Interest Receivable | ||||||||||
Pre-Tax Profit | ||||||||||
Tax | ||||||||||
Profit After Tax | ||||||||||
Dividends Paid | ||||||||||
Retained Profit | ||||||||||
Employee Costs | ||||||||||
Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
EBITDA* |
* 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 | |
---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 17,178,183 | 22,185,977 | 22,018,025 | 21,768,533 | 21,497,650 | 21,551,547 | 22,594,378 | 17,897,296 | 18,851,954 | 17,105,036 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 17,178,183 | 22,185,977 | 22,018,025 | 21,768,533 | 21,497,650 | 21,551,547 | 22,594,378 | 17,897,296 | 18,851,954 | 17,105,036 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 246,576 | 246,576 | 2,000,462 | 2,069,039 | 2,749,659 |
Trade Debtors | 25,247 | 77,110 | 117,901 | 216,336 | 0 | 0 | 0 | 0 | 0 | 1,000 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 3,603,546 | 1,126,353 | 1,168,630 | 399,383 | 423,689 | 225,605 | 215,544 | 88,419 | 20,312 | 0 |
Cash | 107,504 | 164,353 | 59,521 | 104,331 | 489,648 | 573,836 | 1,504,495 | 1,058,319 | 261,515 | 679,380 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,736,297 | 1,367,816 | 1,346,052 | 720,050 | 913,337 | 1,046,017 | 1,966,615 | 3,147,200 | 2,350,866 | 3,430,039 |
total assets | 20,914,480 | 23,553,793 | 23,364,077 | 22,488,583 | 22,410,987 | 22,597,564 | 24,560,993 | 21,044,496 | 21,202,820 | 20,535,075 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 10,000 | 160,000 | 210,000 | 208,333 | 200,000 | 200,000 | 0 | 0 | 0 | 0 |
Trade Creditors | 86,712 | 67,008 | 75,560 | 99,164 | 33,088 | 142,651 | 18,004 | 64,711 | 45,796 | 4,812,500 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 5,264,866 | 3,438,690 | 4,115,387 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 12,500,000 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 3,682,245 | 3,934,500 | 3,765,826 | 3,649,424 | 3,804,394 | 3,950,034 | 489,779 | 482,354 | 385,841 | 0 |
total current liabilities | 3,778,957 | 4,161,508 | 4,051,386 | 3,956,921 | 4,037,482 | 4,292,685 | 18,272,649 | 3,985,755 | 4,547,024 | 4,812,500 |
loans | 8,571,354 | 10,851,667 | 11,011,667 | 11,221,667 | 11,280,000 | 11,726,000 | 0 | 12,500,000 | 12,500,000 | 12,500,000 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 815,500 | 980,500 | 987,295 | 845,571 | 824,968 | 630,841 | 701,395 | 624,665 | 759,400 | 0 |
total long term liabilities | 9,386,854 | 11,832,167 | 11,998,962 | 12,067,238 | 12,104,968 | 12,356,841 | 701,395 | 13,124,665 | 13,259,400 | 12,500,000 |
total liabilities | 13,165,811 | 15,993,675 | 16,050,348 | 16,024,159 | 16,142,450 | 16,649,526 | 18,974,044 | 17,110,420 | 17,806,424 | 17,312,500 |
net assets | 7,748,669 | 7,560,118 | 7,313,729 | 6,464,424 | 6,268,537 | 5,948,038 | 5,586,949 | 3,934,076 | 3,396,396 | 3,222,575 |
total shareholders funds | 7,748,669 | 7,560,118 | 7,313,729 | 6,464,424 | 6,268,537 | 5,948,038 | 5,586,949 | 3,934,076 | 3,396,396 | 3,222,575 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||
Operating Profit | ||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||
Stock | 0 | 0 | 0 | 0 | -246,576 | 0 | -1,753,886 | -68,577 | -680,620 | 2,749,659 |
Debtors | 2,425,330 | -83,068 | 670,812 | 192,030 | 198,084 | 10,061 | 127,125 | 68,107 | 19,312 | 1,000 |
Creditors | 19,704 | -8,552 | -23,604 | 66,076 | -109,563 | 124,647 | -46,707 | 18,915 | -4,766,704 | 4,812,500 |
Accruals and Deferred Income | -252,255 | 168,674 | 116,402 | -154,970 | -145,640 | 3,460,255 | 7,425 | 96,513 | 385,841 | 0 |
Deferred Taxes & Provisions | -165,000 | -6,795 | 141,724 | 20,603 | 194,127 | -70,554 | 76,730 | -134,735 | 759,400 | 0 |
Cash flow from operations | ||||||||||
Investing Activities | ||||||||||
capital expenditure | ||||||||||
Change in Investments | -5,007,794 | 167,952 | 249,492 | 270,883 | -53,897 | -1,042,831 | 4,697,082 | -954,658 | 1,746,918 | 17,105,036 |
cash flow from investments | ||||||||||
Financing Activities | ||||||||||
Bank loans | -150,000 | -50,000 | 1,667 | 8,333 | 0 | 200,000 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -5,264,866 | 1,826,176 | -676,697 | 4,115,387 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -12,500,000 | 12,500,000 | 0 | 0 | 0 |
Long term loans | -2,280,313 | -160,000 | -210,000 | -58,333 | -446,000 | 11,726,000 | -12,500,000 | 0 | 0 | 12,500,000 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||
interest | ||||||||||
cash flow from financing | ||||||||||
cash and cash equivalents | ||||||||||
cash | -56,849 | 104,832 | -44,810 | -385,317 | -84,188 | -930,659 | 446,176 | 796,804 | -417,865 | 679,380 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -56,849 | 104,832 | -44,810 | -385,317 | -84,188 | -930,659 | 446,176 | 796,804 | -417,865 | 679,380 |
thistle-peat limited Credit Report and Business Information
Thistle-peat Limited Competitor Analysis
Perform a competitor analysis for thistle-peat limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EH2 area or any other competitors across 12 key performance metrics.
thistle-peat limited Ownership
THISTLE-PEAT LIMITED group structure
Thistle-Peat Limited has 1 subsidiary company.
Ultimate parent company
1 parent
THISTLE-PEAT LIMITED
SC473446
1 subsidiary
thistle-peat limited directors
Thistle-Peat Limited currently has 3 directors. The longest serving directors include Mr Derek Stephen (Mar 2014) and Mr David Maxwell (Mar 2014).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Derek Stephen | 74 years | Mar 2014 | - | Director | |
Mr David Maxwell | Scotland | 39 years | Mar 2014 | - | Director |
Mr David Maxwell | Scotland | 39 years | Jan 2023 | - | Director |
P&L
March 2024turnover
266.6k
-50%
operating profit
2.2m
0%
gross margin
75.4%
+0.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
7.7m
+0.02%
total assets
20.9m
-0.11%
cash
107.5k
-0.35%
net assets
Total assets minus all liabilities
thistle-peat limited company details
company number
SC473446
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
March 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
EQ ACCOUNTANTS LTD
auditor
-
address
thistle house thistle street, edinburgh, EH2 1DF
Bank
BANK OF SCOTLAND
Legal Advisor
-
thistle-peat 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 117 charges/mortgages relating to thistle-peat limited. Currently there are 32 open charges and 85 have been satisfied in the past.
thistle-peat 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 THISTLE-PEAT LIMITED. This can take several minutes, an email will notify you when this has completed.
thistle-peat limited Companies House Filings - See Documents
date | description | view/download |
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