Pomanda estimates the enterprise value of T S ELECTRONICS LIMITED at £2.9m based on a Turnover of £3.7m and 0.77x industry multiple (adjusted for size and gross margin).
t s electronics limitedEstimated Valuation
£2m
Pomanda estimates the enterprise value of T S ELECTRONICS LIMITED at £2m based on an EBITDA of £389.5k and a 5.25x industry multiple (adjusted for size and gross margin).
t s electronics limitedEstimated Valuation
£1.3m
Pomanda estimates the enterprise value of T S ELECTRONICS LIMITED at £1.3m based on Net Assets of £584.3k and 2.25x industry multiple (adjusted for liquidity).
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T S Electronics LimitedOverview
T S Electronics Limited is a live company located in harlow, CM20 2SD with a Companies House number of 02533680. It operates in the other information technology service activities sector, SIC Code 62090. Founded in August 1990, it's largest shareholder is
ian ward
with a 38.8% stake. T S Electronics Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.7m with
high
growth in recent years.
Pomanda's financial health check has awarded T S Electronics Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
5 Regular
4 Weak
Size
annual sales of £3.7m, make it smaller than the average company (£7.8m)
£3.7m - T S Electronics Limited
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (9.6%)
19% - T S Electronics Limited
9.6% - Industry AVG
Production
with a gross margin of 49.9%, this company has a comparable cost of product (49.9%)
49.9% - T S Electronics Limited
49.9% - Industry AVG
Profitability
an operating margin of 8.8% make it more profitable than the average company (4%)
8.8% - T S Electronics Limited
4% - Industry AVG
Employees
with 24 employees, this is below the industry average (44)
24 - T S Electronics Limited
44 - Industry AVG
Pay Structure
on an average salary of £73.9k, the company has an equivalent pay structure (£73.9k)
£73.9k - T S Electronics Limited
£73.9k - Industry AVG
Efficiency
resulting in sales per employee of £154.8k, this is equally as efficient (£177.5k)
£154.8k - T S Electronics Limited
£177.5k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (51 days)
58 days - T S Electronics Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (34 days)
37 days - T S Electronics Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 62 days, this is more than average (13 days)
62 days - T S Electronics Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (13 weeks)
8 weeks - T S Electronics Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.9%, this is a similar level of debt than the average (62.8%)
58.9% - T S Electronics Limited
62.8% - Industry AVG
T S ELECTRONICS LIMITED financials
EXPORT
T S Electronics Limited's latest turnover from August 2024 is estimated at £3.7 million and the company has net assets of £584.3 thousand. According to their latest financial statements, T S Electronics Limited has 24 employees and maintains cash reserves of £129 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
3,714,409
3,319,621
2,772,895
2,228,390
1,867,334
1,639,598
1,631,364
1,265,797
1,037,201
1,669,525
1,542,349
1,981,009
1,323,085
2,362,171
1,847,007
Other Income Or Grants
Cost Of Sales
1,859,485
1,653,003
1,331,085
1,092,126
903,708
791,266
778,719
609,679
476,785
784,709
722,173
928,950
615,659
1,096,541
828,277
Gross Profit
1,854,925
1,666,619
1,441,810
1,136,264
963,626
848,332
852,646
656,118
560,416
884,816
820,176
1,052,059
707,425
1,265,630
1,018,731
Admin Expenses
1,528,752
1,231,886
1,131,216
952,443
855,487
732,651
735,331
634,196
523,567
904,598
802,204
1,075,591
765,149
1,196,150
1,013,574
-43,952
Operating Profit
326,173
434,733
310,594
183,821
108,139
115,681
117,315
21,922
36,849
-19,782
17,972
-23,532
-57,724
69,480
5,157
43,952
Interest Payable
2,990
3,616
3,749
3,825
1,073
Interest Receivable
9,320
11,154
3,322
135
45
460
454
36
21
38
23
3
5
5
26
23
Pre-Tax Profit
335,493
445,887
310,926
180,340
104,435
112,316
116,696
21,958
36,870
-19,744
17,995
-23,529
-57,719
69,485
5,183
43,975
Tax
-83,873
-111,472
-59,076
-34,265
-19,843
-21,340
-22,172
-4,172
-7,374
-3,779
-18,066
-1,451
-12,313
Profit After Tax
251,620
334,415
251,850
146,075
84,592
90,976
94,524
17,786
29,496
-19,744
14,216
-23,529
-57,719
51,419
3,732
31,662
Dividends Paid
Retained Profit
251,620
334,415
251,850
146,075
84,592
90,976
94,524
17,786
29,496
-19,744
14,216
-23,529
-57,719
51,419
3,732
31,662
Employee Costs
1,773,690
1,646,287
1,480,040
1,271,538
1,129,257
719,625
635,462
499,044
429,929
596,828
535,291
703,779
459,571
784,642
670,746
Number Of Employees
24
23
22
20
19
12
11
9
8
11
10
14
9
16
14
EBITDA*
389,517
486,634
345,228
205,349
159,867
176,800
117,315
62,713
83,305
22,550
57,347
36,234
-10,722
104,527
43,222
70,910
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
298,002
208,027
181,478
109,370
100,881
161,610
177,773
167,521
205,084
185,736
163,126
161,305
147,399
96,939
81,773
102,071
Intangible Assets
700
700
16,961
37,285
49,080
65,040
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
298,002
208,027
181,478
109,370
100,881
161,610
177,773
167,521
205,084
185,736
163,826
162,005
164,360
134,224
130,853
167,111
Stock & work in progress
320,637
232,714
216,662
194,504
152,762
190,285
69,745
69,745
54,445
64,750
44,000
40,855
50,496
23,261
20,496
20,496
Trade Debtors
594,734
550,749
441,211
296,762
240,281
263,711
305,027
229,030
182,767
263,582
248,769
313,493
192,356
384,504
302,920
184,423
Group Debtors
Misc Debtors
79,214
68,674
60,616
51,206
50,012
50,261
42,435
66,095
69,798
Cash
129,034
243,761
181,137
198,521
70,681
19,500
103,123
17,973
11,127
6,059
9,000
200
881
958
1,135
9,390
misc current assets
total current assets
1,123,619
1,095,898
899,626
740,993
513,736
523,757
520,330
382,843
318,137
334,391
301,769
354,548
243,733
408,723
324,551
214,309
total assets
1,421,621
1,303,925
1,081,104
850,363
614,617
685,367
698,103
550,364
523,221
520,127
465,595
516,553
408,093
542,947
455,404
381,420
Bank overdraft
77,172
41,375
23,420
31,784
Bank loan
Trade Creditors
191,733
176,603
201,652
252,223
100,098
189,977
222,272
180,803
112,933
425,167
414,259
459,608
332,841
426,688
387,748
290,629
Group/Directors Accounts
42,448
37,330
185,840
12,974
23,599
24,497
25,000
9,350
7,301
other short term finances
hp & lease commitments
37,203
44,179
25,325
24,339
24,091
45,679
45,679
45,679
45,679
other current liabilities
543,065
421,916
249,176
238,341
217,465
192,974
190,492
226,036
244,504
total current liabilities
814,449
680,028
661,993
605,049
406,628
476,547
515,227
461,868
410,417
425,167
414,259
459,608
332,841
426,688
387,748
290,629
loans
58,125
hp & lease commitments
22,922
66,947
46,382
5,213
40,930
31,695
73,789
84,859
31,452
Accruals and Deferred Income
other liabilities
51,278
46,050
21,565
32,138
51,248
provisions
9,379
9,379
9,961
total long term liabilities
22,922
66,947
46,382
63,338
40,930
41,074
83,168
94,820
31,452
51,278
46,050
21,565
32,138
51,248
total liabilities
837,371
746,975
708,375
605,049
406,628
539,885
556,157
502,942
493,585
519,987
445,711
510,886
378,891
448,253
419,886
341,877
net assets
584,250
556,950
372,729
245,314
207,989
145,482
141,946
47,422
29,636
140
19,884
5,667
29,202
94,694
35,518
39,543
total shareholders funds
584,250
556,950
372,729
245,314
207,989
145,482
141,946
47,422
29,636
140
19,884
5,667
29,202
94,694
35,518
39,543
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
326,173
434,733
310,594
183,821
108,139
115,681
117,315
21,922
36,849
-19,782
17,972
-23,532
-57,724
69,480
5,157
43,952
Depreciation
63,344
51,901
34,634
21,528
51,728
61,119
40,791
46,456
42,332
39,375
43,505
26,678
22,852
21,805
10,695
Amortisation
16,261
20,324
12,195
16,260
16,263
Tax
-83,873
-111,472
-59,076
-34,265
-19,843
-21,340
-22,172
-4,172
-7,374
-3,779
-18,066
-1,451
-12,313
Stock
87,923
16,052
22,158
41,742
-37,523
120,540
15,300
-10,305
20,750
3,145
-9,641
27,235
2,765
20,496
Debtors
54,525
117,596
153,859
57,675
-23,679
-33,490
52,337
42,560
-11,017
14,813
-64,724
121,137
-192,148
81,584
118,497
184,423
Creditors
15,130
-25,049
-50,571
152,125
-89,879
-32,295
41,469
67,870
-312,234
10,908
-45,349
126,767
-93,847
38,940
97,119
290,629
Accruals and Deferred Income
121,149
172,740
10,835
20,876
24,491
2,482
-35,544
-18,468
244,504
Deferred Taxes & Provisions
-9,379
-582
9,961
Cash flow from operations
299,475
389,205
70,399
244,668
135,838
38,597
39,352
50,083
28,941
7,856
69,798
51,505
60,344
41,052
20,393
144,307
Investing Activities
capital expenditure
-153,319
-78,450
-106,742
-30,017
9,001
-44,956
-10,252
-3,228
-65,804
-64,242
-41,196
-57,411
-77,138
-38,418
-1,807
-194,069
Change in Investments
cash flow from investments
-153,319
-78,450
-106,742
-30,017
9,001
-44,956
-10,252
-3,228
-65,804
-64,242
-41,196
-57,411
-77,138
-38,418
-1,807
-194,069
Financing Activities
Bank loans
Group/Directors Accounts
5,118
-148,510
172,866
-10,625
-898
-503
15,650
2,049
7,301
Other Short Term Loans
Long term loans
-58,125
58,125
Hire Purchase and Lease Commitments
-51,001
39,419
47,368
248
-26,801
-35,717
9,235
-42,094
34,609
53,407
31,452
other long term liabilities
-51,278
5,228
24,485
-10,573
-19,110
51,248
share issue
-224,320
-150,194
-124,435
-108,750
-22,085
-87,440
1
-6
-7,773
7,757
-7,757
7,881
interest
9,320
11,154
332
-3,481
-3,704
-3,365
-619
36
21
38
23
3
5
5
26
23
cash flow from financing
-260,883
-248,131
96,131
-122,608
-111,613
-68,900
24,266
-40,009
41,931
53,445
-19,802
5,225
16,717
-2,811
-26,841
59,152
cash and cash equivalents
cash
-114,727
62,624
-17,384
127,840
51,181
-83,623
85,150
6,846
5,068
-2,941
8,800
-681
-77
-177
-8,255
9,390
overdraft
-77,172
35,797
17,955
-8,364
31,784
change in cash
-114,727
62,624
59,788
92,043
33,226
-75,259
53,366
6,846
5,068
-2,941
8,800
-681
-77
-177
-8,255
9,390
t s electronics 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 t s electronics limited. Get real-time insights into t s electronics limited's credit score, group structure and payment trends.
Perform a competitor analysis for t s electronics limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in CM20 area or any other competitors across 12 key performance metrics.
t s electronics limited Ownership
T S ELECTRONICS LIMITED group structure
T S Electronics Limited has no subsidiary companies.
Ultimate parent company
T S ELECTRONICS LIMITED
02533680
T S ELECTRONICS LIMITED Shareholders
The largest shareholders in T S Electronics Limited include Ian Ward and Gerry Flynn.
ian ward
38.84%
gerry flynn
38.63%
brad plampton
21.67%
julie ward
0.21%
gerald flynn
0.21%
clarissa flynn
0.21%
kate plampton
0.21%
t s electronics limited directors
T S Electronics Limited currently has 3 directors.
The longest serving directors include
Mr Ian Ward (Feb 2005) and
Mr Gerald Flynn (Feb 2007).
62090 - Other information technology and computer service activities
incorporation date
August 1990
age
35
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
August 2024
previous names
N/A
accountant
-
auditor
-
address
unit 3 printers way, harlow, CM20 2SD
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
t s electronics 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 3 charges/mortgages relating to t s electronics limited. Currently there are 1 open charges and 2 have been satisfied in the past.
t s electronics 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 T S ELECTRONICS LIMITED. This can take several minutes, an email will notify you when this has completed.
t s electronics limitedCompanies House Filings - See Documents
