Turbo Tool Hire Limited
Registered name: TURBO TOOL HIRE LIMITED
Part of Arrowcruit Holdings Limited groupTurbo Tool Hire Limited made £12.7k revenue and £57 profit in the year to 31 Dec 2023.
Turbo Tool Hire Limited’s revenue was £12.7k in the year to 31 Dec 2023, with £57 profit and 1 employee. The company is classified under “wholesale of clothing and footwear” and is based in Billingham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Billingham, North East
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £23.9k | £12.7k |
| Cost of sales | — | £17.4k | £7.4k |
| Gross profit | — | £6.5k | £5.4k |
| Operating profit | — | £211 | £57 |
| Profit after tax | — | £211 | £57 |
| Profit (best available) | — | £211 | £57 |
| Employees (average) | — | 1 | 1 |
| Ratios | |||
| Profit margin | — | 0.9% | 0.4% |
| Gross margin | — | 27.3% | 42% |
| Revenue per employee | — | £23.9k | £12.7k |
| Profit per employee | — | £211 | £57 |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £12k | £29.6k |
| Net assets | −£243 | −£32 | £24 |
| Current assets | £4.6k | £24.9k | £32.4k |
| Debtors | — | £10.5k | £550 |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- 42%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £12.7k
- Revenue ÷ average employees.
- Profit per employee
- £57
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.3%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £24
- Cash at bank
- —
- Now £29.6k
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Arrowcruit Holdings Limitedultimate parent75–100%
- Turbo Tool Hire Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (7)
- Arrowbuild & Civil Engineering LimitedRev. £19.3m · Profit £585k
- Arrowcruit LimitedFigures not disclosed
- Arrowflow LimitedFigures not disclosed
- Arrowhaul & Plant Hire LimitedFigures not disclosed
- H.o.l.b Developments LtdFigures not disclosed
- Innovate D&B LimitedFigures not disclosed
- New Road Surfacing LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £57), from the Companies House accounts bulk data published Aug 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.