tk maxx
tk maxx Company Information
Company Number
02774693
Next Accounts
Oct 2025
Shareholders
tjx europe limited
tjx uk
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
+2Registered Address
73 clarendon road, watford, hertfordshire, WD17 1TX
Website
www.tkmaxx.co.uktk maxx Estimated Valuation
Pomanda estimates the enterprise value of TK MAXX at £2.9m based on a Turnover of £4.6m and 0.63x industry multiple (adjusted for size and gross margin).
tk maxx Estimated Valuation
Pomanda estimates the enterprise value of TK MAXX at £523.1k based on an EBITDA of £177k and a 2.96x industry multiple (adjusted for size and gross margin).
tk maxx Estimated Valuation
Pomanda estimates the enterprise value of TK MAXX at £12.4m based on Net Assets of £5.9m and 2.1x industry multiple (adjusted for liquidity).
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Tk Maxx Overview
Tk Maxx is a live company located in hertfordshire, WD17 1TX with a Companies House number of 02774693. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in December 1992, it's largest shareholder is tjx europe limited with a 100% stake. Tk Maxx is a mature, small sized company, Pomanda has estimated its turnover at £4.6m with declining growth in recent years.
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Tk Maxx Health Check
Pomanda's financial health check has awarded Tk Maxx a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
3 Weak
Size
annual sales of £4.6m, make it in line with the average company (£5.7m)
£4.6m - Tk Maxx
£5.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (9.6%)
-32% - Tk Maxx
9.6% - Industry AVG
Production
with a gross margin of 3.8%, this company has a higher cost of product (50.9%)
3.8% - Tk Maxx
50.9% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (5.2%)
3.8% - Tk Maxx
5.2% - Industry AVG
Employees
with 34 employees, this is similar to the industry average (35)
- Tk Maxx
35 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)
- Tk Maxx
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £134k, this is equally as efficient (£143k)
- Tk Maxx
£143k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Tk Maxx
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tk Maxx
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tk Maxx
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tk Maxx
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.3%, this is a lower level of debt than the average (63.7%)
6.3% - Tk Maxx
63.7% - Industry AVG
TK MAXX financials
Tk Maxx's latest turnover from February 2024 is £4.6 million and the company has net assets of £5.9 million. According to their latest financial statements, we estimate that Tk Maxx has 34 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Feb 2014 | Feb 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,556,000 | 9,653,000 | 11,228,000 | 14,425,000 | 17,939,000 | 23,346,000 | 26,037,000 | 41,906,000 | 52,834,000 | 56,413,000 | 71,709,000 | 89,556,000 | 78,955,000 | 80,192,000 | 81,550,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 4,383,000 | 9,480,000 | 11,055,000 | 14,252,000 | 17,766,000 | 23,173,000 | 25,864,000 | 41,733,000 | 52,661,000 | 56,240,000 | 71,536,000 | 89,383,000 | 78,782,000 | 80,019,000 | 81,377,200 |
| Gross Profit | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 172,800 |
| Admin Expenses | |||||||||||||||
| Operating Profit | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 172,800 |
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 176,200 |
| Tax | -11,000 | -12,000 | 22,000 | 32,000 | -33,000 | -33,000 | -67,000 | -35,000 | -35,000 | -37,000 | -41,000 | -43,000 | -47,000 | -49,000 | -74,300 |
| Profit After Tax | 162,000 | 161,000 | 195,000 | 205,000 | 140,000 | 140,000 | 106,000 | 138,000 | 138,000 | 136,000 | 132,000 | 130,000 | 126,000 | 124,000 | 101,900 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 162,000 | 161,000 | 195,000 | 205,000 | 140,000 | 140,000 | 106,000 | 138,000 | 138,000 | 136,000 | 132,000 | 130,000 | 126,000 | 124,000 | 101,900 |
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 3 | 3 | 3 | 3 | 5 | 4 | ||||||||
| EBITDA* | 177,000 | 296,000 | 282,000 | 267,000 | 346,000 | 354,000 | 357,000 | 830,000 | 1,145,000 | 173,000 | 175,000 | 176,000 | 176,000 | 187,000 | 263,900 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Feb 2014 | Feb 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 52,000 | 196,000 | 319,000 | 401,000 | 474,000 | 660,000 | 892,000 | 1,282,000 | 2,350,000 | 3,322,000 | 2,000 | 5,000 | 8,000 | 22,000 | |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 1,000 | 12,000 | 24,000 | 1,000 | 2,000 | 2,000 | 2,000 | 3,000 | 4,000 | ||||||
| Total Fixed Assets | 53,000 | 208,000 | 343,000 | 402,000 | 476,000 | 662,000 | 894,000 | 1,285,000 | 2,354,000 | 3,322,000 | 2,000 | 5,000 | 8,000 | 22,000 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | 5,700,000 | 7,056,000 | 7,708,000 | 8,825,000 | 7,178,000 | 8,008,000 | 7,584,000 | 8,369,000 | 7,217,000 | 7,121,000 | 161,700 | ||||
| Misc Debtors | 555,000 | 1,075,000 | 687,000 | 975,000 | 1,808,000 | 2,322,000 | 2,682,000 | 3,850,000 | 5,506,000 | 6,328,000 | 8,669,000 | 9,771,000 | 10,074,000 | 11,463,000 | 12,279,700 |
| Cash | |||||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 6,255,000 | 8,131,000 | 8,395,000 | 9,800,000 | 8,986,000 | 10,330,000 | 10,266,000 | 12,219,000 | 12,723,000 | 13,449,000 | 8,669,000 | 9,771,000 | 10,074,000 | 11,463,000 | 12,441,400 |
| total assets | 6,308,000 | 8,339,000 | 8,738,000 | 10,202,000 | 9,462,000 | 10,992,000 | 11,160,000 | 13,504,000 | 15,077,000 | 16,771,000 | 8,669,000 | 9,773,000 | 10,079,000 | 11,471,000 | 12,463,400 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 541,000 | ||||||||||||||
| Group/Directors Accounts | 1,411,000 | 994,000 | 505,000 | 286,000 | 113,000 | 3,503,000 | 1,020,000 | 1,691,000 | |||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 35,000 | 268,000 | 840,000 | 318,000 | 265,000 | 345,000 | 612,000 | 903,000 | 1,148,000 | 1,369,000 | 424,000 | 3,914,000 | 4,085,000 | 5,352,000 | 6,397,600 |
| total current liabilities | 35,000 | 268,000 | 840,000 | 859,000 | 265,000 | 1,756,000 | 1,606,000 | 1,408,000 | 1,434,000 | 1,482,000 | 3,927,000 | 4,934,000 | 5,776,000 | 5,352,000 | 6,397,600 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 8,000 | 49,000 | 270,000 | 531,000 | 619,000 | 621,000 | 905,000 | 2,327,000 | 3,602,000 | 5,386,000 | 354,000 | 583,000 | 177,000 | 907,000 | 720,300 |
| other liabilities | |||||||||||||||
| provisions | 355,000 | 2,274,000 | 2,041,000 | 3,420,000 | 3,391,000 | 3,568,000 | 3,742,000 | 4,968,000 | 5,378,000 | 5,378,000 | 1,212,000 | 1,469,200 | |||
| total long term liabilities | 363,000 | 2,323,000 | 2,311,000 | 3,951,000 | 4,010,000 | 4,189,000 | 4,647,000 | 7,295,000 | 8,980,000 | 10,764,000 | 354,000 | 583,000 | 177,000 | 2,119,000 | 2,189,500 |
| total liabilities | 398,000 | 2,591,000 | 3,151,000 | 4,810,000 | 4,275,000 | 5,945,000 | 6,253,000 | 8,703,000 | 10,414,000 | 12,246,000 | 4,281,000 | 5,517,000 | 5,953,000 | 7,471,000 | 8,587,100 |
| net assets | 5,910,000 | 5,748,000 | 5,587,000 | 5,392,000 | 5,187,000 | 5,047,000 | 4,907,000 | 4,801,000 | 4,663,000 | 4,525,000 | 4,388,000 | 4,256,000 | 4,126,000 | 4,000,000 | 3,876,300 |
| total shareholders funds | 5,910,000 | 5,748,000 | 5,587,000 | 5,392,000 | 5,187,000 | 5,047,000 | 4,907,000 | 4,801,000 | 4,663,000 | 4,525,000 | 4,388,000 | 4,256,000 | 4,126,000 | 4,000,000 | 3,876,300 |
| Feb 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Feb 2014 | Feb 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 173,000 | 172,800 |
| Depreciation | 4,000 | 123,000 | 109,000 | 94,000 | 173,000 | 181,000 | 184,000 | 657,000 | 972,000 | 2,000 | 3,000 | 3,000 | 14,000 | 91,100 | |
| Amortisation | |||||||||||||||
| Tax | -11,000 | -12,000 | 22,000 | 32,000 | -33,000 | -33,000 | -67,000 | -35,000 | -35,000 | -37,000 | -41,000 | -43,000 | -47,000 | -49,000 | -74,300 |
| Stock | |||||||||||||||
| Debtors | -1,887,000 | -276,000 | -1,382,000 | 813,000 | -1,344,000 | 64,000 | -1,954,000 | -505,000 | -722,000 | 4,780,000 | -1,102,000 | -303,000 | -1,389,000 | -978,400 | 12,441,400 |
| Creditors | -541,000 | 541,000 | |||||||||||||
| Accruals and Deferred Income | -274,000 | -793,000 | 261,000 | -35,000 | -82,000 | -551,000 | -1,713,000 | -1,520,000 | -2,005,000 | 5,977,000 | -3,719,000 | 235,000 | -1,997,000 | -858,900 | 7,117,900 |
| Deferred Taxes & Provisions | -1,919,000 | 233,000 | -1,379,000 | 29,000 | -177,000 | -174,000 | -1,226,000 | -410,000 | 5,378,000 | -1,212,000 | -257,200 | 1,469,200 | |||
| Cash flow from operations | -140,000 | 27,000 | 21,000 | 1,398,000 | -468,000 | -695,000 | -630,000 | -173,000 | 6,711,000 | -2,483,000 | 671,000 | -1,691,000 | 300 | -3,664,700 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1,411,000 | 417,000 | 489,000 | 219,000 | 173,000 | -3,390,000 | 2,483,000 | -671,000 | 1,691,000 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -1,411,000 | 417,000 | 489,000 | 219,000 | 173,000 | -3,389,000 | 2,483,000 | -671,000 | 1,691,000 | -300 | 3,774,400 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | |||||||||||||||
| overdraft | |||||||||||||||
| change in cash |
tk maxx Credit Report and Business Information
Tk Maxx Competitor Analysis
Perform a competitor analysis for tk maxx by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WD17 area or any other competitors across 12 key performance metrics.
tk maxx Ownership
TK MAXX group structure
Tk Maxx has no subsidiary companies.
Ultimate parent company
THE TJX COMPANIES INC
#0044319
2 parents
TK MAXX
02774693
tk maxx directors
Tk Maxx currently has 4 directors. The longest serving directors include Mr David Averill (Oct 2012) and Ms Erica Farrell (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Averill | United States | 58 years | Oct 2012 | - | Director |
| Ms Erica Farrell | United States | 52 years | May 2019 | - | Director |
| Ms Erica Farrell | United States | 52 years | May 2019 | - | Director |
| Mr Christopher Mieszczanski | United States | 57 years | Apr 2023 | - | Director |
P&L
February 2024turnover
4.6m
-53%
operating profit
173k
0%
gross margin
3.8%
+111.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
5.9m
+0.03%
total assets
6.3m
-0.24%
cash
0
0%
net assets
Total assets minus all liabilities
tk maxx company details
company number
02774693
Type
Private unlimited with Share Capital
industry
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
68320 - Management of real estate on a fee or contract basis
47710 - Retail sale of clothing in specialised stores
incorporation date
December 1992
age
33
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
February 2024
previous names
nbc apparel (January 2011)
nbc apparel limited (January 1996)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
73 clarendon road, watford, hertfordshire, WD17 1TX
Bank
NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
tk maxx 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 tk maxx.
tk maxx 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 TK MAXX. This can take several minutes, an email will notify you when this has completed.
tk maxx Companies House Filings - See Documents
| date | description | view/download |
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