tiro training ltd
tiro training ltd Company Information
Company Number
05631622
Website
www.youthforce.co.ukRegistered Address
suite 14d, faraday wharf, holt street, birmingham, B7 4BB
Industry
Technical and vocational secondary education
Telephone
441273776779
Next Accounts Due
April 2025
Group Structure
View All
Directors
Charlotte Blant18 Years
Shareholders
charlotte susan blant 100%
tiro training ltd Estimated Valuation
Pomanda estimates the enterprise value of TIRO TRAINING LTD at £2.2m based on a Turnover of £4.3m and 0.51x industry multiple (adjusted for size and gross margin).
tiro training ltd Estimated Valuation
Pomanda estimates the enterprise value of TIRO TRAINING LTD at £1.2m based on an EBITDA of £209.9k and a 5.7x industry multiple (adjusted for size and gross margin).
tiro training ltd Estimated Valuation
Pomanda estimates the enterprise value of TIRO TRAINING LTD at £610.6k based on Net Assets of £329.4k and 1.85x industry multiple (adjusted for liquidity).
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Tiro Training Ltd Overview
Tiro Training Ltd is a live company located in birmingham, B7 4BB with a Companies House number of 05631622. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in November 2005, it's largest shareholder is charlotte susan blant with a 100% stake. Tiro Training Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.3m with rapid growth in recent years.
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Tiro Training Ltd Health Check
Pomanda's financial health check has awarded Tiro Training Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £4.3m, make it larger than the average company (£1.2m)
- Tiro Training Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (4.1%)
- Tiro Training Ltd
4.1% - Industry AVG
Production
with a gross margin of 48.5%, this company has a comparable cost of product (48.5%)
- Tiro Training Ltd
48.5% - Industry AVG
Profitability
an operating margin of 3.1% make it less profitable than the average company (6%)
- Tiro Training Ltd
6% - Industry AVG
Employees
with 34 employees, this is above the industry average (22)
34 - Tiro Training Ltd
22 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)
- Tiro Training Ltd
£32.4k - Industry AVG
Efficiency
resulting in sales per employee of £127.9k, this is more efficient (£60.9k)
- Tiro Training Ltd
£60.9k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is later than average (19 days)
- Tiro Training Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (26 days)
- Tiro Training Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tiro Training Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tiro Training Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.6%, this is a higher level of debt than the average (21.6%)
63.6% - Tiro Training Ltd
21.6% - Industry AVG
tiro training ltd Credit Report and Business Information
Tiro Training Ltd Competitor Analysis
Perform a competitor analysis for tiro training ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
tiro training ltd Ownership
TIRO TRAINING LTD group structure
Tiro Training Ltd has no subsidiary companies.
Ultimate parent company
TIRO TRAINING LTD
05631622
tiro training ltd directors
Tiro Training Ltd currently has 1 director, Ms Charlotte Blant serving since Nov 2005.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Charlotte Blant | England | 54 years | Nov 2005 | - | Director |
TIRO TRAINING LTD financials
Tiro Training Ltd's latest turnover from July 2023 is estimated at £4.3 million and the company has net assets of £329.4 thousand. According to their latest financial statements, Tiro Training Ltd has 34 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 34 | 29 | 22 | 13 | 15 | 15 | 16 | 18 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 132,146 | 119 | 177 | 0 | 9,680 | 12,926 | 14,949 | 18,007 | 22,682 | 27,248 | 31,637 | 37,131 | 35,914 | 32,613 | 22,648 |
| Intangible Assets | 248,610 | 121,581 | 64,040 | 0 | 0 | 0 | 0 | 0 | 0 | 702 | 1,404 | 2,106 | 2,808 | 3,510 | 4,213 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 380,756 | 121,700 | 64,217 | 0 | 9,680 | 12,926 | 14,949 | 18,007 | 22,682 | 27,950 | 33,041 | 39,237 | 38,722 | 36,123 | 26,861 |
| Stock & work in progress | 0 | 0 | 142,250 | 107,250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 494,812 | 354,134 | 227,214 | 83,148 | 251,566 | 186,305 | 128,433 | 140,411 | 142,553 | 112,709 | 101,436 | 76,242 | 21,378 | 9,333 | 45,367 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 29,023 | 18,774 | 0 | 0 | 0 | 133,644 | 90,971 | 41,609 | 0 | 0 | 0 | 0 | 6,978 | 0 | 0 |
| Cash | 0 | 156,143 | 68,229 | 66,627 | 478 | 484 | 484 | 484 | 36,904 | 13,172 | 10,429 | 22,011 | 119,142 | 79 | 65 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 523,835 | 529,051 | 437,693 | 257,025 | 252,044 | 320,433 | 219,888 | 182,504 | 179,457 | 125,881 | 111,865 | 98,253 | 147,498 | 9,412 | 45,432 |
| total assets | 904,591 | 650,751 | 501,910 | 257,025 | 261,724 | 333,359 | 234,837 | 200,511 | 202,139 | 153,831 | 144,906 | 137,490 | 186,220 | 45,535 | 72,293 |
| Bank overdraft | 30,932 | 0 | 0 | 0 | 0 | 63,513 | 18,404 | 7,298 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 54,799 | 55,138 | 59,149 | 59,704 | 127,876 | 72,345 | 76,140 | 28,274 | 102,510 | 55,019 | 36,309 | 25,490 | 182,425 | 41,922 | 66,750 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 139,793 | 116,463 | 0 | 0 | 0 | 79,751 | 64,910 | 71,213 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 225,524 | 171,601 | 59,149 | 59,704 | 127,876 | 215,609 | 159,454 | 106,785 | 102,510 | 55,019 | 36,309 | 25,490 | 182,425 | 41,922 | 66,750 |
| loans | 277,369 | 209,705 | 0 | 0 | 0 | 99,293 | 123,507 | 39,095 | 41,570 | 13,285 | 17,541 | 21,266 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 264,814 | 99,622 | 85,290 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 72,344 | 23,123 | 12,201 | 0 | 231 | 231 | 164 | 211 | 618 | 1,003 | 983 | 1,438 | 680 | 2,528 | 0 |
| total long term liabilities | 349,713 | 232,828 | 277,015 | 99,622 | 85,521 | 99,524 | 123,671 | 39,306 | 42,188 | 14,288 | 18,524 | 22,704 | 680 | 2,528 | 0 |
| total liabilities | 575,237 | 404,429 | 336,164 | 159,326 | 213,397 | 315,133 | 283,125 | 146,091 | 144,698 | 69,307 | 54,833 | 48,194 | 183,105 | 44,450 | 66,750 |
| net assets | 329,354 | 246,322 | 165,746 | 97,699 | 48,327 | 18,226 | -48,288 | 54,420 | 57,441 | 84,524 | 90,073 | 89,296 | 3,115 | 1,085 | 5,543 |
| total shareholders funds | 329,354 | 246,322 | 165,746 | 97,699 | 48,327 | 18,226 | -48,288 | 54,420 | 57,441 | 84,524 | 90,073 | 89,296 | 3,115 | 1,085 | 5,543 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 44,578 | 58 | 87 | 0 | 3,246 | 3,348 | 3,938 | 6,422 | 5,963 | 6,331 | 6,471 | 8,833 | 12,365 | 9,372 | 5,800 |
| Amortisation | 30,003 | 14,299 | 0 | 0 | 0 | 0 | 0 | 0 | 702 | 702 | 702 | 702 | 702 | 702 | 702 |
| Tax | |||||||||||||||
| Stock | 0 | -142,250 | 35,000 | 107,250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 150,927 | 145,694 | 144,066 | -168,418 | -68,383 | 100,545 | 37,384 | 39,467 | 29,844 | 11,273 | 25,194 | 47,886 | 19,023 | -36,034 | 45,367 |
| Creditors | -339 | -4,011 | -555 | -68,172 | 55,531 | -3,795 | 47,866 | -74,236 | 47,491 | 18,710 | 10,819 | -156,935 | 140,503 | -24,828 | 66,750 |
| Accruals and Deferred Income | 23,330 | 116,463 | 0 | 0 | -79,751 | 14,841 | -6,303 | 71,213 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 49,221 | 10,922 | 12,201 | -231 | 0 | 67 | -47 | -407 | -385 | 20 | -455 | 758 | -1,848 | 2,528 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 67,664 | 209,705 | 0 | 0 | -99,293 | -24,214 | 84,412 | -2,475 | 28,285 | -4,256 | -3,725 | 21,266 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -264,814 | 165,192 | 14,332 | 85,290 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -156,143 | 87,914 | 1,602 | 66,149 | -6 | 0 | 0 | -36,420 | 23,732 | 2,743 | -11,582 | -97,131 | 119,063 | 14 | 65 |
| overdraft | 30,932 | 0 | 0 | 0 | -63,513 | 45,109 | 11,106 | 7,298 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -187,075 | 87,914 | 1,602 | 66,149 | 63,507 | -45,109 | -11,106 | -43,718 | 23,732 | 2,743 | -11,582 | -97,131 | 119,063 | 14 | 65 |
P&L
July 2023turnover
4.3m
+51%
operating profit
135.3k
0%
gross margin
48.5%
+2.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
329.4k
+0.34%
total assets
904.6k
+0.39%
cash
0
-1%
net assets
Total assets minus all liabilities
tiro training ltd company details
company number
05631622
Type
Private limited with Share Capital
industry
85320 - Technical and vocational secondary education
incorporation date
November 2005
age
19
accounts
Total Exemption Full
ultimate parent company
previous names
youth force limited (August 2021)
incorporated
UK
address
suite 14d, faraday wharf, holt street, birmingham, B7 4BB
last accounts submitted
July 2023
tiro training 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 found 1 charges/mortgages relating to tiro training ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
tiro training ltd Companies House Filings - See Documents
| date | description | view/download |
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