tarotex limited
tarotex limited Company Information
Company Number
00988038
Website
-Registered Address
unit 2a berol house, 25 ashley road, london, N17 9LJ
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
jacob reich 50%
robert thomas tauber 50%
tarotex limited Estimated Valuation
Pomanda estimates the enterprise value of TAROTEX LIMITED at £2.8m based on a Turnover of £1.2m and 2.26x industry multiple (adjusted for size and gross margin).
tarotex limited Estimated Valuation
Pomanda estimates the enterprise value of TAROTEX LIMITED at £61.9k based on an EBITDA of £12k and a 5.16x industry multiple (adjusted for size and gross margin).
tarotex limited Estimated Valuation
Pomanda estimates the enterprise value of TAROTEX LIMITED at £908.5k based on Net Assets of £560.8k and 1.62x industry multiple (adjusted for liquidity).
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Tarotex Limited Overview
Tarotex Limited is a live company located in london, N17 9LJ with a Companies House number of 00988038. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 1970, it's largest shareholder is jacob reich with a 50% stake. Tarotex Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.
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Tarotex Limited Health Check
Pomanda's financial health check has awarded Tarotex Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.2m, make it larger than the average company (£853k)
- Tarotex Limited
£853k - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (2.8%)
- Tarotex Limited
2.8% - Industry AVG
Production
with a gross margin of 29.8%, this company has a higher cost of product (73.2%)
- Tarotex Limited
73.2% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (28.8%)
- Tarotex Limited
28.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Tarotex Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
- Tarotex Limited
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£183.1k)
- Tarotex Limited
£183.1k - Industry AVG
Debtor Days
it gets paid by customers after 145 days, this is later than average (32 days)
- Tarotex Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (34 days)
- Tarotex Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tarotex Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tarotex Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.6%, this is a lower level of debt than the average (68.4%)
7.6% - Tarotex Limited
68.4% - Industry AVG
TAROTEX LIMITED financials
Tarotex Limited's latest turnover from September 2023 is estimated at £1.2 million and the company has net assets of £560.8 thousand. According to their latest financial statements, Tarotex Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 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 | 1 | 1 | 1 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 110,100 | 110,141 | 110,189 | 110,245 | 110,311 | 110,311 | 212,283 | 600,611 | 600,000 | 600,000 | 600,000 | 600,000 | 725,000 | 725,000 | 725,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 110,100 | 110,141 | 110,189 | 110,245 | 110,311 | 110,311 | 212,283 | 600,611 | 600,000 | 600,000 | 600,000 | 600,000 | 725,000 | 725,000 | 725,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 496,977 | 537,322 | 535,959 | 538,626 | 525,515 | 535,565 | 326,268 | 249,947 | 222,637 | 226,263 | 222,663 | 231,148 | 237,405 | 275,774 | 224,207 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 2,600 | 2,600 | 2,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,753 | 24,903 | 9,972 | 4,517 | 10,286 | 5,809 | 7 | 1,115 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 2,600 | 2,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 496,977 | 537,322 | 538,559 | 541,226 | 528,115 | 538,165 | 328,868 | 258,700 | 247,540 | 236,235 | 227,180 | 241,434 | 243,214 | 275,781 | 225,322 |
| total assets | 607,077 | 647,463 | 648,748 | 651,471 | 638,426 | 648,476 | 541,151 | 859,311 | 847,540 | 836,235 | 827,180 | 841,434 | 968,214 | 1,000,781 | 950,322 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 46,283 | 95,667 | 91,903 | 106,061 | 112,655 | 148,314 | 206,731 | 173,771 | 166,536 | 154,893 | 147,480 | 152,325 | 138,651 | 159,962 | 114,357 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 46,283 | 95,667 | 91,903 | 106,061 | 112,655 | 148,314 | 206,731 | 173,771 | 166,536 | 154,893 | 147,480 | 152,325 | 138,651 | 159,962 | 114,357 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 46,283 | 95,667 | 91,903 | 106,061 | 112,655 | 148,314 | 206,731 | 173,771 | 166,536 | 154,893 | 147,480 | 152,325 | 138,651 | 159,962 | 114,357 |
| net assets | 560,794 | 551,796 | 556,845 | 545,410 | 525,771 | 500,162 | 334,420 | 685,540 | 681,004 | 681,342 | 679,700 | 689,109 | 829,563 | 840,819 | 835,965 |
| total shareholders funds | 560,794 | 551,796 | 556,845 | 545,410 | 525,771 | 500,162 | 334,420 | 685,540 | 681,004 | 681,342 | 679,700 | 689,109 | 829,563 | 840,819 | 835,965 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 108 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -40,345 | -1,237 | -2,667 | 13,111 | -7,450 | 209,297 | 76,321 | 27,310 | -3,626 | 3,600 | -8,485 | -6,257 | -38,369 | 51,567 | 224,207 |
| Creditors | -49,384 | 3,764 | -14,158 | -6,594 | -35,659 | -58,417 | 32,960 | 7,235 | 11,643 | 7,413 | -4,845 | 13,674 | -21,311 | 45,605 | 114,357 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -8,753 | -16,150 | 14,931 | 5,455 | -5,769 | 4,477 | 5,802 | -1,108 | 1,115 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -8,753 | -16,150 | 14,931 | 5,455 | -5,769 | 4,477 | 5,802 | -1,108 | 1,115 |
tarotex limited Credit Report and Business Information
Tarotex Limited Competitor Analysis
Perform a competitor analysis for tarotex limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in N17 area or any other competitors across 12 key performance metrics.
tarotex limited Ownership
TAROTEX LIMITED group structure
Tarotex Limited has no subsidiary companies.
Ultimate parent company
TAROTEX LIMITED
00988038
tarotex limited directors
Tarotex Limited currently has 2 directors. The longest serving directors include Mr Robert Tauber (Feb 1992) and Mrs Francine Reich (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Tauber | England | 84 years | Feb 1992 | - | Director |
| Mrs Francine Reich | England | 77 years | Jul 2017 | - | Director |
P&L
September 2023turnover
1.2m
-8%
operating profit
12k
0%
gross margin
29.8%
+10.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
560.8k
+0.02%
total assets
607.1k
-0.06%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
tarotex limited company details
company number
00988038
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 1970
age
54
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
unit 2a berol house, 25 ashley road, london, N17 9LJ
Bank
BARCLAYS BANK PLC
Legal Advisor
-
tarotex 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 10 charges/mortgages relating to tarotex limited. Currently there are 7 open charges and 3 have been satisfied in the past.
tarotex limited Companies House Filings - See Documents
| date | description | view/download |
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