Pomanda estimates the enterprise value of TAVISTOCK CYCLES LIMITED at £49.5k based on a Turnover of £90.2k and 0.55x industry multiple (adjusted for size and gross margin).
tavistock cycles limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TAVISTOCK CYCLES LIMITED at £0 based on an EBITDA of £-7.7k and a 4.01x industry multiple (adjusted for size and gross margin).
tavistock cycles limitedEstimated Valuation
£12.2k
Pomanda estimates the enterprise value of TAVISTOCK CYCLES LIMITED at £12.2k based on Net Assets of £5.7k and 2.13x industry multiple (adjusted for liquidity).
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Tavistock Cycles LimitedOverview
Tavistock Cycles Limited is a dissolved company that was located in tavistock, PL19 0HF with a Companies House number of 02384330. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 1989, it's largest shareholder was
mr martin nicholas legg
with a 50% stake. The last turnover for Tavistock Cycles Limited was estimated at £90.2k.
Pomanda's financial health check has awarded Tavistock Cycles Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
3 Regular
8 Weak
Size
annual sales of £90.2k, make it smaller than the average company (£3m)
£90.2k - Tavistock Cycles Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (2.2%)
-18% - Tavistock Cycles Limited
2.2% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
38.1% - Tavistock Cycles Limited
38.1% - Industry AVG
Profitability
an operating margin of -8.5% make it less profitable than the average company (6.4%)
-8.5% - Tavistock Cycles Limited
6.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (21)
2 - Tavistock Cycles Limited
21 - Industry AVG
Pay Structure
on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)
£45.4k - Tavistock Cycles Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £45.1k, this is less efficient (£138k)
£45.1k - Tavistock Cycles Limited
£138k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (43 days)
0 days - Tavistock Cycles Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (35 days)
14 days - Tavistock Cycles Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 85 days, this is more than average (31 days)
85 days - Tavistock Cycles Limited
31 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (27 weeks)
1 weeks - Tavistock Cycles Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.8%, this is a similar level of debt than the average (62.9%)
59.8% - Tavistock Cycles Limited
62.9% - Industry AVG
TAVISTOCK CYCLES LIMITED financials
EXPORT
Tavistock Cycles Limited's latest turnover from May 2022 is estimated at £90.2 thousand and the company has net assets of £5.7 thousand. According to their latest financial statements, Tavistock Cycles Limited has 2 employees and maintains cash reserves of £282 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
90,216
87,943
142,733
166,509
161,823
154,026
175,475
128,876
120,292
130,869
93,908
97,580
79,272
Other Income Or Grants
Cost Of Sales
55,810
55,254
88,387
104,191
101,017
94,571
108,487
81,510
77,126
83,844
58,754
59,184
47,014
Gross Profit
34,406
32,689
54,347
62,317
60,806
59,455
66,988
47,366
43,166
47,025
35,154
38,396
32,258
Admin Expenses
42,074
33,879
51,166
62,714
59,452
60,164
71,435
47,402
44,416
45,087
34,623
35,239
14,824
Operating Profit
-7,668
-1,190
3,181
-397
1,354
-709
-4,447
-36
-1,250
1,938
531
3,157
17,434
Interest Payable
18
6
5
Interest Receivable
18
2
3
36
11
7
13
1
7
10
4
2
1
Pre-Tax Profit
-7,668
-1,188
3,184
-361
1,359
-707
-4,434
-35
-1,243
1,948
534
3,159
17,435
Tax
-605
-258
-448
-128
-821
-4,882
Profit After Tax
-7,668
-1,188
2,579
-361
1,101
-707
-4,434
-35
-1,243
1,500
406
2,338
12,553
Dividends Paid
Retained Profit
-7,668
-1,188
2,579
-361
1,101
-707
-4,434
-35
-1,243
1,500
406
2,338
12,553
Employee Costs
90,899
85,410
84,460
82,660
78,239
75,724
76,016
37,628
37,694
36,723
36,884
36,098
35,721
Number Of Employees
2
2
2
2
2
2
2
1
1
1
1
1
1
EBITDA*
-7,660
-1,179
3,196
-377
1,380
-674
-4,308
201
-992
2,136
680
3,354
17,697
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
25
33
44
59
79
105
140
279
516
774
443
592
789
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
25
33
44
59
79
105
140
279
516
774
443
592
789
Stock & work in progress
13,067
17,409
16,902
18,666
22,226
25,155
27,926
29,476
28,913
29,037
25,763
27,346
23,090
Trade Debtors
154
71
Group Debtors
Misc Debtors
741
1,148
Cash
282
3,286
604
6,285
3,375
1,177
4,707
502
59
2,859
1,083
366
442
misc current assets
total current assets
14,244
20,766
18,654
24,951
25,601
26,332
32,633
29,978
28,972
31,896
26,846
27,712
23,532
total assets
14,269
20,799
18,698
25,010
25,680
26,437
32,773
30,257
29,488
32,670
27,289
28,304
24,321
Bank overdraft
515
175
Bank loan
Trade Creditors
2,233
4,251
658
8,183
6,178
4,752
9,311
13,836
13,032
14,971
11,090
12,511
10,866
Group/Directors Accounts
3,000
other short term finances
hp & lease commitments
other current liabilities
2,778
3,137
3,441
4,807
7,121
10,230
11,475
total current liabilities
8,526
7,388
4,099
12,990
13,299
15,157
20,786
13,836
13,032
14,971
11,090
12,511
10,866
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
8,526
7,388
4,099
12,990
13,299
15,157
20,786
13,836
13,032
14,971
11,090
12,511
10,866
net assets
5,743
13,411
14,599
12,020
12,381
11,280
11,987
16,421
16,456
17,699
16,199
15,793
13,455
total shareholders funds
5,743
13,411
14,599
12,020
12,381
11,280
11,987
16,421
16,456
17,699
16,199
15,793
13,455
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
-7,668
-1,190
3,181
-397
1,354
-709
-4,447
-36
-1,250
1,938
531
3,157
17,434
Depreciation
8
11
15
20
26
35
139
237
258
198
149
197
263
Amortisation
Tax
-605
-258
-448
-128
-821
-4,882
Stock
-4,342
507
-1,764
-3,560
-2,929
-2,771
-1,550
563
-124
3,274
-1,583
4,256
23,090
Debtors
824
-1,077
1,148
Creditors
-2,018
3,593
-7,525
2,005
1,426
-4,559
-4,525
804
-1,939
3,881
-1,421
1,645
10,866
Accruals and Deferred Income
-359
-304
-1,366
-2,314
-3,109
-1,245
11,475
Deferred Taxes & Provisions
Cash flow from operations
-6,519
2,680
-5,684
2,874
2,368
-3,707
4,192
442
-2,807
2,295
714
-78
591
Investing Activities
capital expenditure
-529
-1,052
Change in Investments
cash flow from investments
-529
-1,052
Financing Activities
Bank loans
Group/Directors Accounts
3,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
902
interest
2
3
36
5
2
13
1
7
10
4
2
1
cash flow from financing
3,000
2
3
36
5
2
13
1
7
10
4
2
903
cash and cash equivalents
cash
-3,004
2,682
-5,681
2,910
2,198
-3,530
4,205
443
-2,800
1,776
717
-76
442
overdraft
515
-175
175
change in cash
-3,519
2,682
-5,681
2,910
2,373
-3,705
4,205
443
-2,800
1,776
717
-76
442
tavistock cycles limited 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 tavistock cycles limited. Get real-time insights into tavistock cycles limited's credit score, group structure and payment trends.
Perform a competitor analysis for tavistock cycles limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in PL19 area or any other competitors across 12 key performance metrics.
tavistock cycles limited Ownership
TAVISTOCK CYCLES LIMITED group structure
Tavistock Cycles Limited has no subsidiary companies.
Ultimate parent company
TAVISTOCK CYCLES LIMITED
02384330
TAVISTOCK CYCLES LIMITED Shareholders
The largest shareholders in Tavistock Cycles Limited include Mr Martin Nicholas Legg and Lorna Gwyneth Legg.
mr martin nicholas legg
50%
lorna gwyneth legg
50%
tavistock cycles limited directors
Tavistock Cycles Limited currently has 2 directors.
The longest serving directors include
Ms Lorna Legg (Dec 1990) and
Mr Martin Legg (Dec 1990).
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 did not find charges/mortgages relating to tavistock cycles limited.
tavistock cycles 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.
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tavistock cycles limitedCompanies House Filings - See Documents
