tinnitus uk

tinnitus uk Company Information

Share TINNITUS UK
Live 
MatureMicroDeclining

Company Number

02709302

Industry

Activities of other membership organisations n.e.c.

 

Shareholders

-

Group Structure

View All

Contact

Registered Address

unit 5 acorn business park, woodseats close, sheffield, south yorkshire, S8 0TB

tinnitus uk Estimated Valuation

£368.6k

Pomanda estimates the enterprise value of TINNITUS UK at £368.6k based on a Turnover of £484.5k and 0.76x industry multiple (adjusted for size and gross margin).

tinnitus uk Estimated Valuation

£0

Pomanda estimates the enterprise value of TINNITUS UK at £0 based on an EBITDA of £-471.1k and a 5.03x industry multiple (adjusted for size and gross margin).

tinnitus uk Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of TINNITUS UK at £1.2m based on Net Assets of £446.4k and 2.59x industry multiple (adjusted for liquidity).

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Tinnitus Uk Overview

Tinnitus Uk is a live company located in sheffield, S8 0TB with a Companies House number of 02709302. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in April 1992, it's largest shareholder is unknown. Tinnitus Uk is a mature, micro sized company, Pomanda has estimated its turnover at £484.5k with declining growth in recent years.

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Tinnitus Uk Health Check

Pomanda's financial health check has awarded Tinnitus Uk a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £484.5k, make it in line with the average company (£418k)

£484.5k - Tinnitus Uk

£418k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (7.5%)

-29% - Tinnitus Uk

7.5% - Industry AVG

production

Production

with a gross margin of 89%, this company has a comparable cost of product (89%)

89% - Tinnitus Uk

89% - Industry AVG

profitability

Profitability

an operating margin of -97.2% make it less profitable than the average company (1.4%)

-97.2% - Tinnitus Uk

1.4% - Industry AVG

employees

Employees

with 12 employees, this is similar to the industry average (10)

12 - Tinnitus Uk

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.6k, the company has a higher pay structure (£27.1k)

£43.6k - Tinnitus Uk

£27.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £40.4k, this is less efficient (£51.9k)

£40.4k - Tinnitus Uk

£51.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 22 days, this is later than average (13 days)

22 days - Tinnitus Uk

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 409 days, this is slower than average (29 days)

409 days - Tinnitus Uk

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tinnitus Uk

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 215 weeks, this is more cash available to meet short term requirements (159 weeks)

215 weeks - Tinnitus Uk

159 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.7%, this is a similar level of debt than the average (18.9%)

20.7% - Tinnitus Uk

18.9% - Industry AVG

TINNITUS UK financials

EXPORTms excel logo

Tinnitus Uk's latest turnover from March 2024 is £484.5 thousand and the company has net assets of £446.4 thousand. According to their latest financial statements, Tinnitus Uk has 12 employees and maintains cash reserves of £481.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover484,454876,566860,5481,356,8581,346,4911,010,003742,839799,177754,846619,741674,331477,889871,577643,257188,019
Other Income Or Grants000000000000000
Cost Of Sales53,22992,60436,65159,99958,14136,08446,59575,342357,713298,413344,774259,393467,162353,62997,916
Gross Profit431,225783,962823,8971,296,8591,288,350973,919696,244723,835397,133321,328329,557218,496404,415289,62890,103
Admin Expenses902,284990,7891,204,9761,021,639921,390934,020774,820728,831736,442258,855277,876298,393-80,901-49,020250,055
Operating Profit-471,059-206,827-381,079275,220366,96039,899-78,576-4,996-339,30962,47351,681-79,897485,316338,648-159,952
Interest Payable000000000000000
Interest Receivable0000000000000011,518
Pre-Tax Profit-442,709-166,406-373,130223,511297,64934,802-76,042-3,365-335,26052,76142,897-76,094361,676245,947-158,616
Tax000000000000000
Profit After Tax-442,709-166,406-373,130223,511297,64934,802-76,042-3,365-335,26052,76142,897-76,094361,676245,947-158,616
Dividends Paid000000000000000
Retained Profit-442,709-166,406-373,130223,511297,64934,802-76,042-3,365-335,26052,76142,897-76,094361,676245,947-158,616
Employee Costs523,114596,580779,817655,392576,640501,575405,595321,814319,449289,817260,138185,625156,004138,272115,754
Number Of Employees12182522191815101212119665
EBITDA*-471,059-204,327-381,079275,220369,21744,760-70,541826-334,69765,10758,463-74,755489,975338,948-159,169

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets000002,2577,11815,15312,4784,0144,2575,9709,1945,884176
Intangible Assets20,00022,50025,000000000000000
Investments & Other0014,952819,390450,469499,377474,202470,493498,711329,122215,017138,2349,99600
Debtors (Due After 1 year)000000000000000
Total Fixed Assets20,00022,50039,952819,390450,469501,634481,320485,646511,189333,136219,274144,20419,1905,884176
Stock & work in progress07569683,1358,5698,9439,49713,48112,7357,95711,15012,4478,2812,4071,598
Trade Debtors29,64526,9532,58610,1637,87317,00019,1644,9939,8823,8101,6793,3354,6711,9461,439
Group Debtors000000000000000
Misc Debtors31,558404,939128,152149,285255,468204,418240,445257,818140,568158,559264,083282,135391,116150,5377,381
Cash481,430598,5791,303,584816,069622,916392,868424,791588,914715,573903,832821,215790,737730,343643,801534,395
misc current assets000000000000000
total current assets542,6331,031,2271,435,290978,652894,826623,229693,897865,206878,7581,074,1581,098,1271,088,6541,134,411798,691544,813
total assets562,6331,053,7271,475,2421,798,0421,345,2951,124,8631,175,2171,350,8521,389,9471,407,2941,317,4011,232,8581,153,601804,575544,989
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 59,6980110,486000000000000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities56,572164,655276,851222,854140,198200,796273,972295,250301,556185,237154,660140,54251,93464,58450,945
total current liabilities116,270164,655387,337222,854140,198200,796273,972295,250301,556185,237154,660140,54251,93464,58450,945
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income00000048,298128,456236,78531,98900000
other liabilities0032,427146,580016,619000057,71558,176000
provisions000000000000000
total long term liabilities0032,427146,580016,61948,298128,456236,78531,98957,71558,176000
total liabilities116,270164,655419,764369,434140,198217,415322,270423,706538,341217,226212,375198,71851,93464,58450,945
net assets446,363889,0721,055,4781,428,6081,205,097907,448852,947927,146851,6061,190,0681,105,0261,034,1401,101,667739,991494,044
total shareholders funds446,363889,0721,055,4781,428,6081,205,097907,448852,947927,146851,6061,190,0681,105,0261,034,1401,101,667739,991494,044
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-471,059-206,827-381,079275,220366,96039,899-78,576-4,996-339,30962,47351,681-79,897485,316338,648-159,952
Depreciation00002,2574,8618,0355,8224,6122,6346,7825,1424,659300783
Amortisation02,5000000000000000
Tax000000000000000
Stock-756-212-2,167-5,434-374-554-3,9847464,778-3,193-1,2974,1665,8748091,598
Debtors-370,689301,154-28,710-103,89341,923-38,191-3,202112,361-11,919-103,393-19,708-110,317243,304143,6638,820
Creditors59,698-110,486110,486000000000000
Accruals and Deferred Income-108,083-112,19653,99782,656-60,598-121,474-101,436-114,635321,11562,56614,11888,608-12,65013,63950,945
Deferred Taxes & Provisions000000000000000
Cash flow from operations-147,999-727,951-185,719467,203267,070-37,969-164,791-226,916-6,441234,25993,586120,004228,147208,115-118,642
Investing Activities
capital expenditure00000-5,476-1,86698,626-175,405-80,722-5,069-1,918-7,969-6,008-959
Change in Investments0-14,952-804,438368,921-48,90825,1753,709-28,218169,589114,10576,783128,2389,99600
cash flow from investments014,952804,438-368,92148,908-30,651-5,575126,844-344,994-194,827-81,852-130,156-17,965-6,008-959
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0-32,427-114,153146,580-16,61916,619000-57,715-46158,176000
share issue0000019,6991,84378,905-3,20232,28127,9898,56700652,660
interest0000000000000011,518
cash flow from financing0-32,427-114,153146,580-16,61936,3181,84378,905-3,202-25,43427,52866,74300664,178
cash and cash equivalents
cash-117,149-705,005487,515193,153230,048-31,923-164,123-126,659-188,25982,61730,47860,39486,542109,406534,395
overdraft000000000000000
change in cash-117,149-705,005487,515193,153230,048-31,923-164,123-126,659-188,25982,61730,47860,39486,542109,406534,395

tinnitus uk Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Tinnitus Uk Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for tinnitus uk by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in S 8 area or any other competitors across 12 key performance metrics.

tinnitus uk Ownership

TINNITUS UK group structure

Tinnitus Uk has no subsidiary companies.

Ultimate parent company

TINNITUS UK

02709302

TINNITUS UK Shareholders

--

tinnitus uk directors

Tinnitus Uk currently has 6 directors. The longest serving directors include Ms Lucy Handscomb (Oct 2015) and Mrs Lucy Colenso (Nov 2016).

officercountryagestartendrole
Ms Lucy Handscomb53 years Oct 2015- Director
Mrs Lucy Colenso60 years Nov 2016- Director
Mrs Lynne Gillon72 years Jan 2019- Director
Mr James Corcoran70 years Feb 2021- Director
Mrs Veronica Kennedy Carragher59 years May 2022- Director
Dr Nicola HeronEngland53 years Nov 2022- Director

P&L

March 2024

turnover

484.5k

-45%

operating profit

-471.1k

0%

gross margin

89.1%

-0.47%

turnover

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

Balance Sheet

March 2024

net assets

446.4k

-0.5%

total assets

562.6k

-0.47%

cash

481.4k

-0.2%

net assets

Total assets minus all liabilities

tinnitus uk company details

company number

02709302

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

94990 - Activities of other membership organisations n.e.c.

incorporation date

April 1992

age

32

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

british tinnitus association (October 2022)

accountant

RUSSELL JOSEPH

auditor

-

address

unit 5 acorn business park, woodseats close, sheffield, south yorkshire, S8 0TB

Bank

HSBC BANK PLC

Legal Advisor

-

tinnitus uk 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 did not find charges/mortgages relating to tinnitus uk.

tinnitus uk 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 TINNITUS UK. This can take several minutes, an email will notify you when this has completed.

tinnitus uk Companies House Filings - See Documents

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