Tec Line Limited

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tec line limited Company Information

Live

MatureSmallHealthy

Company Number

02548525

Website

http://equipline.co.uk

Registered Address

lynwood house, 373-375 station road, harrow, middlesex, HA1 2AW

Industry

Other personal service activities n.e.c.

Telephone

01895272236

Next Accounts Due

September 2025

Group Structure

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Directors

Jason Krebs33 Years

Michael Littlewood8 Years

View All

Shareholders

fri-jado international b.v. 100%

tec line limited Estimated Valuation

£3.9m

Pomanda estimates the enterprise value of TEC LINE LIMITED at £3.9m based on Net Assets of £1.9m and 2.03x industry multiple (adjusted for liquidity).

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Tec Line Limited is a live company located in harrow, HA1 2AW with a Companies House number of 02548525. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in October 1990, it's largest shareholder is fri-jado international b.v. with a 100% stake. Tec Line Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.8m with healthy growth in recent years.

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Pomanda's financial health check has awarded Tec Line Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

5 Strong

4 Regular

3 Weak

Size

annual sales of £1.8m, make it larger than the average company (£1.1m)

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7.6%)

EXPORT

Tec Line Limited's latest turnover from December 2023 is estimated at £1.8 million and the company has net assets of £1.9 million. According to their latest financial statements, Tec Line Limited has 18 employees and maintains cash reserves of £257.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Turnover	1,813,498	1,953,063	1,725,252	1,515,897	2,104,970	1,536,868	1,478,744	1,468,463	1,331,748	2,436,909	3,481,355	5,619,351	5,827,268	5,938,447	4,439,028
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,047,498	1,141,201	1,028,074	916,909	1,262,982	928,782	882,694	865,014	786,548	1,466,231	2,086,429	3,259,951	3,376,074	3,333,370	2,565,830
Gross Profit	766,000	811,862	697,178	598,988	841,988	608,086	596,050	603,450	545,200	970,678	1,394,926	2,359,400	2,451,194	2,605,077	1,873,198
Admin Expenses	569,077	640,976	477,280	400,134	560,150	393,602	335,502	1,481,491	152,892	1,051,849	1,513,961	2,339,821	2,120,713	2,190,915	394,783
Operating Profit	196,923	170,886	219,898	198,854	281,838	214,484	260,548	-878,041	392,308	-81,171	-119,035	19,579	330,481	414,162	1,478,415
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	10,680	4,767	255	102	934	2,311	1,368	1,775	7,293	6,572	5,493	4,505	3,560	2,587	1,255
Pre-Tax Profit	207,603	175,653	220,153	198,957	282,772	216,795	261,916	-876,266	399,601	-74,599	-113,542	24,084	334,041	416,749	1,479,671
Tax	-51,901	-33,374	-41,829	-37,802	-53,727	-41,191	-49,764	0	-79,920	0	0	-5,780	-86,851	-116,690	-414,308
Profit After Tax	155,702	142,279	178,324	161,155	229,045	175,604	212,152	-876,266	319,681	-74,599	-113,542	18,304	247,190	300,059	1,065,363
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	155,702	142,279	178,324	161,155	229,045	175,604	212,152	-876,266	319,681	-74,599	-113,542	18,304	247,190	300,059	1,065,363
Employee Costs	587,368	577,412	555,507	557,767	491,743	478,833	457,938	555,933	598,608	832,453	1,192,110	1,908,153	1,969,603	2,045,250	1,280,792
Number Of Employees	18	18	18	19	17	17	17	20	22	31	46	73	76	81	45
EBITDA*	199,830	176,941	233,946	216,601	302,454	228,353	276,010	-858,133	402,931	-66,645	-101,620	44,446	363,134	434,604	1,496,780

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Tangible Assets	8,722	12,163	15,020	20,026	34,723	41,603	46,383	58,847	31,869	43,572	52,231	74,545	97,962	120,687	55,098
Intangible Assets	2,000	2,000	0	9,042	18,084	0	0	0	0	0	0	0	0	0	0
Investments & Other	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	6,250	6,250	6,250	6,250	6,250
Total Fixed Assets	18,722	22,163	23,020	37,068	60,807	49,603	54,383	66,847	39,869	51,572	66,481	88,795	112,212	134,937	69,348
Stock & work in progress	375,556	339,840	253,616	213,408	217,804	152,917	145,971	134,155	117,808	133,206	179,837	234,588	293,140	282,133	242,628
Trade Debtors	219,466	280,031	256,709	198,871	348,714	220,749	212,594	167,797	141,192	291,760	410,926	781,936	809,660	857,154	646,924
Group Debtors	1,220,044	1,125,259	1,115,158	1,101,533	764,601	626,942	110,416	319,459	89,607	0	0	0	0	0	0
Misc Debtors	48,800	32,855	45,153	28,394	28,937	32,165	54,784	86,180	83,358	0	0	0	386	3,127	6,044
Cash	257,081	170,125	102,291	101,892	102,757	146,314	469,886	77,329	1,574,583	1,342,550	1,286,297	910,812	891,175	532,632	502,164
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,120,947	1,948,110	1,772,927	1,644,098	1,462,813	1,179,087	993,651	784,920	2,006,548	1,767,516	1,877,060	1,927,336	1,994,361	1,675,046	1,397,760
total assets	2,139,669	1,970,273	1,795,947	1,681,166	1,523,620	1,228,690	1,048,034	851,767	2,046,417	1,819,088	1,943,541	2,016,131	2,106,573	1,809,983	1,467,108
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	69,754	81,216	37,509	35,962	39,341	43,402	66,225	96,723	45,864	281,313	331,167	290,215	398,961	339,481	305,922
Group/Directors Accounts	0	0	0	0	23,519	0	19,021	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	152,583	127,251	138,494	202,786	180,385	131,767	86,277	82,135	143,097	0	0	0	0	0	0
total current liabilities	222,337	208,467	176,003	238,748	243,245	175,169	171,523	178,858	188,961	281,313	331,167	290,215	398,961	339,481	305,922
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	2,850	11,400	0	0	0	0	0	0	823
provisions	1,562	1,738	2,155	2,953	2,065	4,256	0	0	0	0	0	0	0	10,080	0
total long term liabilities	1,562	1,738	2,155	2,953	2,065	4,256	2,850	11,400	0	0	0	0	0	10,080	823
total liabilities	223,899	210,205	178,158	241,701	245,310	179,425	174,373	190,258	188,961	281,313	331,167	290,215	398,961	349,561	306,745
net assets	1,915,770	1,760,068	1,617,789	1,439,465	1,278,310	1,049,265	873,661	661,509	1,857,456	1,537,775	1,612,374	1,725,916	1,707,612	1,460,422	1,160,363
total shareholders funds	1,915,770	1,760,068	1,617,789	1,439,465	1,278,310	1,049,265	873,661	661,509	1,857,456	1,537,775	1,612,374	1,725,916	1,707,612	1,460,422	1,160,363

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Operating Activities
Operating Profit	196,923	170,886	219,898	198,854	281,838	214,484	260,548	-878,041	392,308	-81,171	-119,035	19,579	330,481	414,162	1,478,415
Depreciation	2,907	4,055	5,006	8,705	11,574	13,869	15,462	19,908	10,623	14,526	17,415	24,867	32,653	20,442	18,365
Amortisation	0	2,000	9,042	9,042	9,042	0	0	0	0	0	0	0	0	0	0
Tax	-51,901	-33,374	-41,829	-37,802	-53,727	-41,191	-49,764	0	-79,920	0	0	-5,780	-86,851	-116,690	-414,308
Stock	35,716	86,224	40,208	-4,396	64,887	6,946	11,816	949	-15,398	-46,631	-54,751	-58,552	11,007	39,505	242,628
Debtors	50,165	21,125	88,222	186,546	262,396	502,062	-195,642	281,676	22,397	-125,416	-371,010	-28,110	-50,235	207,313	659,218
Creditors	-11,462	43,707	1,547	-3,379	-4,061	-22,823	-30,498	-184,590	-235,449	-49,854	40,952	-108,746	59,480	33,559	305,922
Accruals and Deferred Income	25,332	-11,243	-64,292	22,401	48,618	45,490	4,142	82,135	143,097	0	0	0	0	0	0
Deferred Taxes & Provisions	-176	-417	-798	888	-2,191	4,256	0	0	0	0	0	0	-10,080	10,080	0
Cash flow from operations	75,742	68,265	144	16,559	-36,190	-294,923	383,716	-1,243,213	223,660	55,548	365,093	16,582	364,911	114,735	486,548
Investing Activities
capital expenditure	534	-5,198	0	5,992	-31,820	-9,089	-2,998	-35,183	1,080	-5,867	4,899	-1,450	-9,928	-86,031	-73,463
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	8,000
cash flow from investments	534	-5,198	0	5,992	-31,820	-9,089	-2,998	-35,183	1,080	-5,867	4,899	-1,450	-9,928	-86,031	-81,463
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	-23,519	23,519	-19,021	19,021	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	-2,850	-8,550	11,400	0	0	0	0	0	-823	823
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	95,000
interest	10,680	4,767	255	102	934	2,311	1,368	1,775	7,293	6,572	5,493	4,505	3,560	2,587	1,255
cash flow from financing	10,680	4,767	255	-23,417	24,453	-19,560	11,839	13,175	7,293	6,572	5,493	4,505	3,560	1,764	97,078
cash and cash equivalents
cash	86,956	67,834	399	-865	-43,557	-323,572	392,557	-1,265,221	232,033	56,253	375,485	19,637	358,543	30,468	502,164
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	86,956	67,834	399	-865	-43,557	-323,572	392,557	-1,265,221	232,033	56,253	375,485	19,637	358,543	30,468	502,164

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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TEC LINE LIMITED group structure

Tec Line Limited has no subsidiary companies.

Ultimate parent company

TOROX CAPITAL PARTNERS BV

#0113087

FRI-JADO INTERNATIONAL BV

#0098659

2 parents

TEC LINE LIMITED

02548525

TEC LINE LIMITED Shareholders

fri-jado international b.v.

100%

Tec Line Limited currently has 3 directors. The longest serving directors include Mr Jason Krebs (Oct 1991) and Mr Michael Littlewood (Apr 2016).

officer	country	age	start	end	role
Mr Jason Krebs		58 years	Oct 1991	-	Director
Mr Michael Littlewood	United Kingdom	68 years	Apr 2016	-	Director
Laurens Engbers	Netherlands	56 years	Apr 2016	-	Director

P&L

December 2023

turnover

1.8m

-7%

operating profit

196.9k

gross margin

42.3%

+1.61%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

1.9m

+0.09%

total assets

2.1m

+0.09%

cash

257.1k

+0.51%

net assets

Total assets minus all liabilities

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company number

02548525

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

October 1990

ultimate parent company

TOROX CAPITAL PARTNERS BV

previous names

lightserve limited (December 1990)

address

lynwood house, 373-375 station road, harrow, middlesex, HA1 2AW

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 4 charges/mortgages relating to tec line limited. Currently there are 3 open charges and 1 have been satisfied in the past.

tec line limited Company Information

tec line limited Estimated Valuation

tec line limited Estimated Valuation

tec line limited Estimated Valuation

Tec Line Limited Overview

Tec Line Limited Health Check

TEC LINE LIMITED financials

tec line limited Credit Report and Business Information

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tec line limited Ownership

tec line limited directors

tec line limited company details

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