Pomanda estimates the enterprise value of TEARFUND at £87.8m based on a Turnover of £82.6m and 1.06x industry multiple (adjusted for size and gross margin).
tearfundEstimated Valuation
£0
Pomanda estimates the enterprise value of TEARFUND at £0 based on an EBITDA of £-52k and a 11.06x industry multiple (adjusted for size and gross margin).
tearfundEstimated Valuation
£65.3m
Pomanda estimates the enterprise value of TEARFUND at £65.3m based on Net Assets of £27.2m and 2.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
TearfundOverview
Tearfund is a live company located in middlesex, TW11 8QE with a Companies House number of 00994339. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in November 1970, it's largest shareholder is
unknown.
Tearfund is a mature,
large sized company, Pomanda has estimated its turnover at
£82.6m with
low
growth in recent years.
Pomanda's financial health check has awarded Tearfund a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £82.6m, make it larger than the average company (£485.6k)
£82.6m - Tearfund
£485.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (6.5%)
0% - Tearfund
6.5% - Industry AVG
Production
with a gross margin of 67.5%, this company has a comparable cost of product (67.5%)
67.5% - Tearfund
67.5% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (3.5%)
-0.4% - Tearfund
3.5% - Industry AVG
Employees
with 1078 employees, this is above the industry average (14)
1078 - Tearfund
14 - Industry AVG
Pay Structure
on an average salary of £34k, the company has a higher pay structure (£25.1k)
£34k - Tearfund
£25.1k - Industry AVG
Efficiency
resulting in sales per employee of £76.6k, this is more efficient (£39.5k)
£76.6k - Tearfund
£39.5k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (14 days)
2 days - Tearfund
14 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tearfund
- - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (15 days)
7 days - Tearfund
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 38 weeks, this is less cash available to meet short term requirements (239 weeks)
38 weeks - Tearfund
239 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.2%, this is a higher level of debt than the average (12.8%)
17.2% - Tearfund
12.8% - Industry AVG
TEARFUND financials
EXPORT
Tearfund's latest turnover from March 2024 is £82.6 million and the company has net assets of £27.2 million. According to their latest financial statements, Tearfund has 1,078 employees and maintains cash reserves of £3.4 million 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
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
82,587,000
85,382,000
79,474,000
81,367,000
85,057,000
76,336,000
74,929,000
72,768,000
72,162,000
61,862,000
59,372,000
60,046,000
70,296,000
63,875,000
64,848,000
Other Income Or Grants
Cost Of Sales
26,831,989
27,476,939
20,438,841
28,622,968
26,158,880
21,571,442
19,779,178
14,882,518
40,192,847
36,633,406
37,235,940
35,874,629
41,657,798
36,622,573
37,639,011
Gross Profit
55,755,011
57,905,061
59,035,159
52,744,032
58,898,120
54,764,558
55,149,822
57,885,482
31,969,153
25,228,594
22,136,060
24,171,371
28,638,202
27,252,427
27,208,989
Admin Expenses
56,058,016
63,033,525
55,923,074
48,283,752
59,050,763
61,277,988
51,408,836
55,542,652
26,912,003
27,370,361
25,197,467
25,332,361
21,648,472
24,210,166
20,034,030
Operating Profit
-303,005
-5,128,464
3,112,085
4,460,280
-152,643
-6,513,430
3,740,986
2,342,830
5,057,150
-2,141,767
-3,061,407
-1,160,990
6,989,730
3,042,261
7,174,959
Interest Payable
Interest Receivable
Pre-Tax Profit
-140,000
-4,910,000
2,560,000
3,611,000
-153,000
-6,421,000
3,082,000
1,894,000
4,079,000
-2,076,000
-2,952,000
-1,044,000
5,250,000
2,254,000
5,196,000
Tax
Profit After Tax
-140,000
-4,910,000
2,560,000
3,611,000
-153,000
-6,421,000
3,082,000
1,894,000
4,079,000
-2,076,000
-2,952,000
-1,044,000
5,250,000
2,254,000
5,196,000
Dividends Paid
Retained Profit
-140,000
-4,910,000
2,560,000
3,611,000
-153,000
-6,421,000
3,082,000
1,894,000
4,079,000
-2,076,000
-2,952,000
-1,044,000
5,250,000
2,254,000
5,196,000
Employee Costs
36,636,000
36,979,000
31,707,000
32,739,000
32,835,000
28,697,000
27,143,000
24,732,000
23,868,000
21,845,000
21,397,000
20,627,000
20,623,000
20,174,000
18,420,000
Number Of Employees
1,078
1,057
1,088
1,237
1,273
950
878
996
1,228
1,171
1,139
1,307
1,439
1,523
1,487
EBITDA*
-52,005
-4,852,464
3,722,085
5,493,280
1,150,357
-5,157,430
4,898,986
3,147,830
5,511,150
-1,930,767
-2,849,407
-909,990
7,428,730
3,528,261
7,753,959
* 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
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
1,465,000
1,570,000
1,164,000
1,583,000
2,459,000
3,216,000
3,896,000
4,478,000
1,679,000
1,593,000
1,529,000
1,597,000
1,758,000
1,956,000
2,253,000
Intangible Assets
18,000
265,000
510,000
755,000
1,000,000
Investments & Other
1,000
Debtors (Due After 1 year)
Total Fixed Assets
1,465,000
1,570,000
1,164,000
1,583,000
2,477,000
3,481,000
4,406,000
5,233,000
2,679,000
1,593,000
1,529,000
1,597,000
1,758,000
1,956,000
2,254,000
Stock & work in progress
551,000
875,000
616,000
882,000
1,280,000
53,000
51,000
102,000
85,000
80,000
183,000
228,000
292,000
389,000
192,000
Trade Debtors
599,000
223,000
15,000
19,000
14,000
41,000
17,000
58,000
37,000
41,000
35,000
64,000
Group Debtors
Misc Debtors
9,478,000
11,800,000
9,723,000
8,960,000
10,091,000
12,555,000
8,693,000
8,850,000
7,201,000
7,816,000
4,701,000
3,511,000
3,922,000
3,447,000
2,205,000
Cash
3,425,000
3,749,000
7,014,000
7,695,000
5,850,000
11,492,000
14,056,000
12,825,000
11,911,000
7,355,000
21,604,000
24,811,000
25,092,000
20,416,000
18,477,000
misc current assets
17,297,000
14,784,000
18,765,000
14,460,000
11,780,000
4,000,000
10,500,000
9,053,000
10,455,000
10,351,000
46,000
total current assets
31,350,000
31,431,000
36,118,000
31,997,000
29,001,000
28,115,000
33,319,000
30,844,000
29,693,000
25,619,000
26,592,000
28,587,000
29,347,000
24,287,000
20,938,000
total assets
32,815,000
33,001,000
37,282,000
33,580,000
31,478,000
31,596,000
37,725,000
36,077,000
32,372,000
27,212,000
28,121,000
30,184,000
31,105,000
26,243,000
23,192,000
Bank overdraft
96,000
Bank loan
Trade Creditors
Group/Directors Accounts
100,000
other short term finances
350,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
102,000
102,000
102,000
137,000
137,000
138,000
hp & lease commitments
other current liabilities
4,276,000
4,814,000
4,953,000
3,811,000
5,224,000
5,285,000
4,793,000
6,049,000
4,238,000
3,533,000
3,408,000
2,519,000
2,361,000
2,749,000
1,951,000
total current liabilities
4,626,000
4,914,000
5,053,000
3,911,000
5,420,000
5,385,000
4,893,000
6,149,000
4,338,000
3,635,000
3,510,000
2,621,000
2,498,000
2,886,000
2,089,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
200,000
378,000
378,000
provisions
1,010,000
768,000
total long term liabilities
1,010,000
768,000
200,000
378,000
378,000
total liabilities
5,636,000
5,682,000
5,053,000
3,911,000
5,420,000
5,385,000
5,093,000
6,527,000
4,716,000
3,635,000
3,510,000
2,621,000
2,498,000
2,886,000
2,089,000
net assets
27,179,000
27,319,000
32,229,000
29,669,000
26,058,000
26,211,000
32,632,000
29,550,000
27,656,000
23,577,000
24,611,000
27,563,000
28,607,000
23,357,000
21,103,000
total shareholders funds
27,179,000
27,319,000
32,229,000
29,669,000
26,058,000
26,211,000
32,632,000
29,550,000
27,656,000
23,577,000
24,611,000
27,563,000
28,607,000
23,357,000
21,103,000
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-303,005
-5,128,464
3,112,085
4,460,280
-152,643
-6,513,430
3,740,986
2,342,830
5,057,150
-2,141,767
-3,061,407
-1,160,990
6,989,730
3,042,261
7,174,959
Depreciation
251,000
276,000
610,000
1,015,000
1,140,000
1,111,000
913,000
560,000
454,000
211,000
212,000
251,000
439,000
486,000
579,000
Amortisation
18,000
163,000
245,000
245,000
245,000
Tax
Stock
-324,000
259,000
-266,000
-398,000
1,227,000
2,000
-51,000
17,000
5,000
-103,000
-45,000
-64,000
-97,000
197,000
192,000
Debtors
-1,946,000
2,300,000
763,000
-1,131,000
-2,479,000
3,858,000
-152,000
1,622,000
-591,000
3,074,000
1,211,000
-415,000
481,000
1,213,000
2,269,000
Creditors
Accruals and Deferred Income
-538,000
-139,000
1,142,000
-1,413,000
-61,000
492,000
-1,256,000
1,811,000
705,000
125,000
889,000
158,000
-388,000
798,000
1,951,000
Deferred Taxes & Provisions
242,000
768,000
Cash flow from operations
1,921,995
-6,782,464
4,367,085
5,609,280
2,341,357
-8,525,430
3,845,986
3,319,830
6,802,150
-4,776,767
-3,126,407
-272,990
6,656,730
2,916,261
7,243,959
Investing Activities
capital expenditure
-330,000
-3,368,000
-1,367,000
-122,000
-189,000
-26,000
-200,000
-161,000
-117,000
Change in Investments
-1,000
1,000
cash flow from investments
-330,000
-3,368,000
-1,367,000
-122,000
-189,000
-26,000
-200,000
-160,000
-118,000
Financing Activities
Bank loans
Group/Directors Accounts
-100,000
100,000
Other Short Term Loans
250,000
100,000
-100,000
-2,000
-35,000
-1,000
138,000
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-200,000
-178,000
378,000
share issue
1,042,000
15,907,000
interest
cash flow from financing
250,000
-200,000
-178,000
376,000
1,042,000
-35,000
-1,000
16,045,000
cash and cash equivalents
cash
-324,000
-3,265,000
-681,000
1,845,000
-5,642,000
-2,564,000
1,231,000
914,000
4,556,000
-14,249,000
-3,207,000
-281,000
4,676,000
1,939,000
18,477,000
overdraft
-96,000
96,000
change in cash
-324,000
-3,265,000
-681,000
1,941,000
-5,738,000
-2,564,000
1,231,000
914,000
4,556,000
-14,249,000
-3,207,000
-281,000
4,676,000
1,939,000
18,477,000
tearfund Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for tearfund. Get real-time insights into tearfund's credit score, group structure and payment trends.
Perform a competitor analysis for tearfund by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other large companies, companies in TW11 area or any other competitors across 12 key performance metrics.
88990 - Other social work activities without accommodation n.e.c.
incorporation date
November 1970
age
55
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
March 2024
previous names
tear fund (March 2001)
tear fund limited (June 1988)
accountant
-
auditor
CROWE UK LLP
address
100 church road, teddington, middlesex, TW11 8QE
Bank
BARCLAYS BANK PLC
Legal Advisor
ANTHONY COLLINS LLP
tearfund 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 3 charges/mortgages relating to tearfund. Currently there are 1 open charges and 2 have been satisfied in the past.
tearfund 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 TEARFUND. This can take several minutes, an email will notify you when this has completed.
