tyre valve specialists holdings limited
tyre valve specialists holdings limited Company Information
Company Number
01281376
Next Accounts
160 days late
Shareholders
rema tip top holdings ltd
Group Structure
View All
Industry
Activities of head offices
Registered Address
rem uk restructuring advisory ll, 5th floor, central square, leeds, west yorkshire, LS1 4DL
Website
http://auto4.co.uktyre valve specialists holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TYRE VALVE SPECIALISTS HOLDINGS LIMITED at £8.7m based on a Turnover of £14.1m and 0.62x industry multiple (adjusted for size and gross margin).
tyre valve specialists holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TYRE VALVE SPECIALISTS HOLDINGS LIMITED at £4.8m based on an EBITDA of £1m and a 4.76x industry multiple (adjusted for size and gross margin).
tyre valve specialists holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TYRE VALVE SPECIALISTS HOLDINGS LIMITED at £7.5m based on Net Assets of £3.5m and 2.14x industry multiple (adjusted for liquidity).
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Tyre Valve Specialists Holdings Limited Overview
Tyre Valve Specialists Holdings Limited is a live company located in leeds, LS1 4DL with a Companies House number of 01281376. It operates in the activities of head offices sector, SIC Code 70100. Founded in October 1976, it's largest shareholder is rema tip top holdings ltd with a 100% stake. Tyre Valve Specialists Holdings Limited is a mature, mid sized company, Pomanda has estimated its turnover at £14.1m with low growth in recent years.
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Tyre Valve Specialists Holdings Limited Health Check
Pomanda's financial health check has awarded Tyre Valve Specialists Holdings Limited a 3.5 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
3 Regular
6 Weak
Size
annual sales of £14.1m, make it smaller than the average company (£18.7m)
£14.1m - Tyre Valve Specialists Holdings Limited
£18.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (3.4%)
2% - Tyre Valve Specialists Holdings Limited
3.4% - Industry AVG
Production
with a gross margin of 27.9%, this company has a comparable cost of product (33.4%)
27.9% - Tyre Valve Specialists Holdings Limited
33.4% - Industry AVG
Profitability
an operating margin of 5.8% make it as profitable than the average company (6.2%)
5.8% - Tyre Valve Specialists Holdings Limited
6.2% - Industry AVG
Employees
with 52 employees, this is below the industry average (108)
52 - Tyre Valve Specialists Holdings Limited
108 - Industry AVG
Pay Structure
on an average salary of £35.7k, the company has a lower pay structure (£47k)
£35.7k - Tyre Valve Specialists Holdings Limited
£47k - Industry AVG
Efficiency
resulting in sales per employee of £271.2k, this is more efficient (£195.8k)
£271.2k - Tyre Valve Specialists Holdings Limited
£195.8k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (47 days)
72 days - Tyre Valve Specialists Holdings Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (45 days)
73 days - Tyre Valve Specialists Holdings Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 86 days, this is more than average (50 days)
86 days - Tyre Valve Specialists Holdings Limited
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (16 weeks)
12 weeks - Tyre Valve Specialists Holdings Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.2%, this is a similar level of debt than the average (57.1%)
57.2% - Tyre Valve Specialists Holdings Limited
57.1% - Industry AVG
TYRE VALVE SPECIALISTS HOLDINGS LIMITED financials
Tyre Valve Specialists Holdings Limited's latest turnover from December 2022 is £14.1 million and the company has net assets of £3.5 million. According to their latest financial statements, Tyre Valve Specialists Holdings Limited has 52 employees and maintains cash reserves of £939.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jun 2015 | Jun 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,101,777 | 13,360,325 | 11,858,030 | 13,235,959 | 12,676,037 | 12,274,531 | 13,686,728 | 7,209,604 | 7,465,140 | ||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 10,173,683 | 9,467,757 | 8,697,331 | 9,459,549 | 9,030,216 | 9,210,286 | 9,573,334 | 5,162,929 | 5,504,072 | ||||
| Gross Profit | 3,928,094 | 3,892,568 | 3,160,699 | 3,776,410 | 3,645,821 | 3,064,245 | 4,113,394 | 2,046,675 | 1,961,068 | ||||
| Admin Expenses | 3,110,629 | 3,070,111 | 2,457,220 | 3,041,181 | 2,964,510 | 2,758,228 | 3,924,001 | 1,258,715 | 1,331,647 | ||||
| Operating Profit | 817,465 | 822,457 | 703,479 | 735,229 | 681,311 | 306,017 | 189,393 | 787,960 | 629,421 | ||||
| Interest Payable | 59,440 | 36,926 | 24,947 | 56,779 | 58,218 | 57,938 | 85,643 | 29,731 | 21,607 | ||||
| Interest Receivable | 11 | 11 | 1,106 | 1,667 | 2,955 | ||||||||
| Pre-Tax Profit | 758,025 | 785,531 | 678,532 | 678,461 | 571,858 | 728,781 | 104,856 | 759,896 | 610,769 | ||||
| Tax | -153,193 | -180,793 | -146,401 | -120,106 | 161,561 | -97,656 | -44,377 | -167,107 | -134,365 | ||||
| Profit After Tax | 604,832 | 604,738 | 532,131 | 558,355 | 733,419 | 631,125 | 60,479 | 592,789 | 476,404 | ||||
| Dividends Paid | 201,500 | 297,000 | 298,036 | 260,498 | 326,099 | 426,099 | 353,013 | 283,432 | 286,080 | ||||
| Retained Profit | 403,332 | 307,738 | 234,095 | 297,857 | 407,320 | 205,026 | -292,534 | 309,357 | 190,324 | ||||
| Employee Costs | 1,857,068 | 1,889,056 | 1,953,825 | 1,983,224 | 2,030,732 | 2,019,731 | 2,681,653 | 1,132,026 | 1,166,917 | ||||
| Number Of Employees | 52 | 55 | 62 | 68 | 68 | 71 | 75 | 47 | 48 | ||||
| EBITDA* | 1,018,701 | 1,024,216 | 933,916 | 994,743 | 925,351 | 556,112 | 516,485 | 912,426 | 734,844 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jun 2015 | Jun 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 847,273 | 895,667 | 861,937 | 1,033,976 | 1,062,921 | 1,034,137 | 1,141,981 | 1,503,503 | 1,423,863 | ||||
| Intangible Assets | 266,522 | 355,364 | 444,206 | 533,048 | 621,890 | 710,731 | 799,573 | ||||||
| Investments & Other | 690,000 | 690,000 | 690,000 | 690,000 | |||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 1,113,795 | 1,251,031 | 1,306,143 | 1,567,024 | 1,684,811 | 1,744,868 | 1,941,554 | 1,503,503 | 1,423,863 | 690,000 | 690,000 | 690,000 | 690,000 |
| Stock & work in progress | 2,423,001 | 2,230,597 | 1,976,652 | 2,078,745 | 2,011,804 | 1,634,748 | 1,747,082 | 661,763 | 666,971 | ||||
| Trade Debtors | 2,814,635 | 2,549,374 | 2,594,815 | 2,386,183 | 2,908,974 | 2,989,151 | 2,814,163 | 1,360,819 | 1,566,339 | 1,043,508 | 1,043,508 | 1,043,508 | 1,043,508 |
| Group Debtors | |||||||||||||
| Misc Debtors | 890,896 | 742,836 | 222,097 | 237,771 | 359,203 | 61,980 | 41,958 | 37,982 | 44,048 | ||||
| Cash | 939,095 | 932,118 | 2,121,258 | 937,533 | 841,599 | 502,384 | 512,814 | 767,918 | 457,743 | ||||
| misc current assets | |||||||||||||
| total current assets | 7,067,627 | 6,454,925 | 6,914,822 | 5,640,232 | 6,121,580 | 5,188,263 | 5,116,017 | 2,828,482 | 2,735,101 | 1,043,508 | 1,043,508 | 1,043,508 | 1,043,508 |
| total assets | 8,181,422 | 7,705,956 | 8,220,965 | 7,207,256 | 7,806,391 | 6,933,131 | 7,057,571 | 4,331,985 | 4,158,964 | 1,733,508 | 1,733,508 | 1,733,508 | 1,733,508 |
| Bank overdraft | 723,316 | 603,301 | 551,352 | 819,592 | 691,421 | 601,369 | 827,636 | ||||||
| Bank loan | 170,835 | 159,018 | 103,840 | 29,287 | 28,412 | 30,114 | 23,119 | 21,956 | 21,217 | ||||
| Trade Creditors | 2,036,963 | 2,074,523 | 2,487,253 | 2,388,480 | 3,337,945 | 2,749,227 | 2,668,341 | 1,145,429 | 1,295,677 | 37,798 | |||
| Group/Directors Accounts | 3,000 | 14,024 | 18,090 | 18,331 | |||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | 61,295 | 67,163 | 56,245 | 89,819 | 86,199 | 92,755 | 105,210 | 95,173 | 83,513 | ||||
| other current liabilities | 881,972 | 692,858 | 1,116,054 | 699,098 | 752,446 | 940,797 | 1,047,343 | 450,510 | 489,990 | ||||
| total current liabilities | 3,874,381 | 3,596,863 | 4,317,744 | 4,026,276 | 4,896,423 | 4,428,286 | 4,689,739 | 1,731,399 | 1,890,397 | 37,798 | |||
| loans | 633,847 | 807,044 | 971,027 | 403,633 | 432,965 | 461,295 | 497,530 | 532,002 | 553,958 | ||||
| hp & lease commitments | 87,109 | 107,128 | 57,614 | 115,711 | 104,563 | 86,336 | 126,848 | 74,552 | 38,475 | ||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 12,576 | 12,576 | 12,576 | 12,576 | 12,576 | 12,576 | 12,576 | 12,576 | 12,576 | 37,798 | 37,798 | 37,798 | |
| provisions | 67,910 | 80,078 | 67,475 | 88,626 | 97,287 | 89,381 | 80,647 | 38,691 | 30,150 | ||||
| total long term liabilities | 801,442 | 1,006,826 | 1,108,692 | 620,546 | 647,391 | 649,588 | 717,601 | 657,821 | 635,159 | 37,798 | 37,798 | 37,798 | |
| total liabilities | 4,675,823 | 4,603,689 | 5,426,436 | 4,646,822 | 5,543,814 | 5,077,874 | 5,407,340 | 2,389,220 | 2,525,556 | 37,798 | 37,798 | 37,798 | 37,798 |
| net assets | 3,505,599 | 3,102,267 | 2,794,529 | 2,560,434 | 2,262,577 | 1,855,257 | 1,650,231 | 1,942,765 | 1,633,408 | 1,695,710 | 1,695,710 | 1,695,710 | 1,695,710 |
| total shareholders funds | 3,505,599 | 3,102,267 | 2,794,529 | 2,560,434 | 2,262,577 | 1,855,257 | 1,650,231 | 1,942,765 | 1,633,408 | 1,695,710 | 1,695,710 | 1,695,710 | 1,695,710 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jun 2015 | Jun 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 817,465 | 822,457 | 703,479 | 735,229 | 681,311 | 306,017 | 189,393 | 787,960 | 629,421 | ||||
| Depreciation | 112,394 | 112,917 | 141,595 | 170,672 | 155,199 | 161,253 | 238,251 | 124,466 | 105,423 | ||||
| Amortisation | 88,842 | 88,842 | 88,842 | 88,842 | 88,841 | 88,842 | 88,841 | ||||||
| Tax | -153,193 | -180,793 | -146,401 | -120,106 | 161,561 | -97,656 | -44,377 | -167,107 | -134,365 | ||||
| Stock | 192,404 | 253,945 | -102,093 | 66,941 | 377,056 | -112,334 | 1,085,319 | -5,208 | 666,971 | ||||
| Debtors | 413,321 | 475,298 | 192,958 | -644,223 | 217,046 | 195,010 | 1,457,320 | -211,586 | 566,879 | 1,043,508 | |||
| Creditors | -37,560 | -412,730 | 98,773 | -949,465 | 588,718 | 80,886 | 1,522,912 | -150,248 | 1,257,879 | 37,798 | |||
| Accruals and Deferred Income | 189,114 | -423,196 | 416,956 | -53,348 | -188,351 | -106,546 | 596,833 | -39,480 | 489,990 | ||||
| Deferred Taxes & Provisions | -12,168 | 12,603 | -21,151 | -8,661 | 7,906 | 8,734 | 41,956 | 8,541 | 30,150 | ||||
| Cash flow from operations | 399,169 | -709,143 | 1,191,228 | 440,445 | 901,083 | 358,854 | 91,170 | 780,926 | 1,144,648 | ||||
| Investing Activities | |||||||||||||
| capital expenditure | -37,096 | 434,096 | 191,688 | 12,517 | -798,706 | ||||||||
| Change in Investments | -690,000 | 690,000 | |||||||||||
| cash flow from investments | -37,096 | 434,096 | 191,688 | 12,517 | -108,706 | ||||||||
| Financing Activities | |||||||||||||
| Bank loans | 11,817 | 55,178 | 74,553 | 875 | -1,702 | 6,995 | 1,163 | 739 | 21,217 | ||||
| Group/Directors Accounts | -3,000 | 3,000 | -14,024 | -4,066 | -241 | 18,331 | |||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | -173,197 | -163,983 | 567,394 | -29,332 | -28,330 | -36,235 | -34,472 | -21,956 | 553,958 | ||||
| Hire Purchase and Lease Commitments | -25,887 | 60,432 | -91,671 | 14,768 | 11,671 | -52,967 | 62,333 | 47,737 | 121,988 | ||||
| other long term liabilities | 12,576 | -37,798 | 37,798 | ||||||||||
| share issue | |||||||||||||
| interest | -59,440 | -36,926 | -24,947 | -56,768 | -58,218 | -57,927 | -84,537 | -28,064 | -18,652 | ||||
| cash flow from financing | -246,707 | -88,299 | 528,329 | -70,457 | -90,603 | -144,200 | -55,754 | 16,787 | 438,461 | ||||
| cash and cash equivalents | |||||||||||||
| cash | 6,977 | -1,189,140 | 1,183,725 | 95,934 | 339,215 | -10,430 | -255,104 | 310,175 | 457,743 | ||||
| overdraft | 120,015 | 51,949 | -268,240 | 128,171 | 90,052 | -226,267 | 827,636 | ||||||
| change in cash | -113,038 | -1,241,089 | 1,451,965 | -32,237 | 249,163 | 215,837 | -1,082,740 | 310,175 | 457,743 |
tyre valve specialists holdings limited Credit Report and Business Information
Tyre Valve Specialists Holdings Limited Competitor Analysis
Perform a competitor analysis for tyre valve specialists holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in LS1 area or any other competitors across 12 key performance metrics.
tyre valve specialists holdings limited Ownership
TYRE VALVE SPECIALISTS HOLDINGS LIMITED group structure
Tyre Valve Specialists Holdings Limited has 2 subsidiary companies.
Ultimate parent company
REMA TIP TOP HOLDINGS LTD
#0166562
1 parent
TYRE VALVE SPECIALISTS HOLDINGS LIMITED
01281376
2 subsidiaries
tyre valve specialists holdings limited directors
Tyre Valve Specialists Holdings Limited currently has 3 directors. The longest serving directors include Mr Jonathan Formon (Jun 2007) and Mr Mark Insley (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Formon | 55 years | Jun 2007 | - | Director | |
| Mr Mark Insley | England | 65 years | Feb 2024 | - | Director |
| Miss Victoria Rayment | 51 years | Dec 2024 | - | Director |
P&L
December 2022turnover
14.1m
+6%
operating profit
817.5k
-1%
gross margin
27.9%
-4.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3.5m
+0.13%
total assets
8.2m
+0.06%
cash
939.1k
+0.01%
net assets
Total assets minus all liabilities
tyre valve specialists holdings limited company details
company number
01281376
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
October 1976
age
49
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2022
previous names
tyre valve specialists limited (July 2007)
inflat tyre valve specialists limited (December 1980)
accountant
-
auditor
WRIGHT VIGAR LTD
address
rem uk restructuring advisory ll, 5th floor, central square, leeds, west yorkshire, LS1 4DL
Bank
-
Legal Advisor
-
tyre valve specialists holdings 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 7 charges/mortgages relating to tyre valve specialists holdings limited. Currently there are 2 open charges and 5 have been satisfied in the past.
tyre valve specialists holdings 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 TYRE VALVE SPECIALISTS HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
tyre valve specialists holdings limited Companies House Filings - See Documents
| date | description | view/download |
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