Pomanda estimates the enterprise value of TCL TANKER RENTAL LIMITED at £3.7m based on a Turnover of £7.5m and 0.49x industry multiple (adjusted for size and gross margin).
tcl tanker rental limitedEstimated Valuation
£12.6m
Pomanda estimates the enterprise value of TCL TANKER RENTAL LIMITED at £12.6m based on an EBITDA of £3.3m and a 3.79x industry multiple (adjusted for size and gross margin).
tcl tanker rental limitedEstimated Valuation
£19.4m
Pomanda estimates the enterprise value of TCL TANKER RENTAL LIMITED at £19.4m based on Net Assets of £8.1m and 2.41x industry multiple (adjusted for liquidity).
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Tcl Tanker Rental LimitedOverview
Tcl Tanker Rental Limited is a live company located in sutton in ashfield, NG17 2JZ with a Companies House number of 02796542. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in March 1993, it's largest shareholder is
turner & co. (glasgow) ltd
with a 100% stake. Tcl Tanker Rental Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£7.5m with
high
growth in recent years.
Pomanda's financial health check has awarded Tcl Tanker Rental Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
1 Regular
5 Weak
Size
annual sales of £7.5m, make it larger than the average company (£5.2m)
£7.5m - Tcl Tanker Rental Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (9.6%)
16% - Tcl Tanker Rental Limited
9.6% - Industry AVG
Production
with a gross margin of 40.6%, this company has a comparable cost of product (42.5%)
40.6% - Tcl Tanker Rental Limited
42.5% - Industry AVG
Profitability
an operating margin of 21.4% make it more profitable than the average company (8.9%)
21.4% - Tcl Tanker Rental Limited
8.9% - Industry AVG
Employees
with 25 employees, this is below the industry average (35)
25 - Tcl Tanker Rental Limited
35 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has a higher pay structure (£38.1k)
£50.6k - Tcl Tanker Rental Limited
£38.1k - Industry AVG
Efficiency
resulting in sales per employee of £301.6k, this is more efficient (£157.4k)
£301.6k - Tcl Tanker Rental Limited
£157.4k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (43 days)
62 days - Tcl Tanker Rental Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 88 days, this is slower than average (47 days)
88 days - Tcl Tanker Rental Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 60 days, this is more than average (23 days)
60 days - Tcl Tanker Rental Limited
23 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 7 weeks, this is less cash available to meet short term requirements (13 weeks)
7 weeks - Tcl Tanker Rental Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.8%, this is a lower level of debt than the average (64.9%)
56.8% - Tcl Tanker Rental Limited
64.9% - Industry AVG
TCL TANKER RENTAL LIMITED financials
EXPORT
Tcl Tanker Rental Limited's latest turnover from March 2024 is £7.5 million and the company has net assets of £8.1 million. According to their latest financial statements, Tcl Tanker Rental Limited has 25 employees and maintains cash reserves of £510.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
7,540,584
6,098,832
6,091,377
4,818,803
5,005,179
4,394,688
3,747,457
3,779,407
3,567,687
3,179,284
2,764,175
2,448,804
2,142,025
1,238,588
1,023,178
Other Income Or Grants
Cost Of Sales
4,482,842
3,576,244
3,812,673
2,927,589
3,017,625
2,566,528
2,148,102
2,206,734
1,957,890
1,708,670
1,491,557
1,301,407
1,245,785
823,286
574,426
Gross Profit
3,057,742
2,522,588
2,278,704
1,891,214
1,987,554
1,828,160
1,599,355
1,572,673
1,609,797
1,470,614
1,272,618
1,147,397
896,240
415,302
448,752
Admin Expenses
1,444,847
1,173,147
994,721
848,688
829,806
828,214
691,641
724,991
697,070
604,395
560,730
535,394
501,574
59,624
188,195
Operating Profit
1,612,895
1,349,441
1,283,983
1,042,526
1,157,748
999,946
907,714
847,682
912,727
866,219
711,888
612,003
394,666
355,678
260,557
Interest Payable
474,115
276,659
209,738
174,512
183,690
183,787
138,237
147,617
175,902
164,566
149,380
132,812
10,010
45,961
83,995
Interest Receivable
6,424
155
370
354
4,051
4,629
23,057
66,595
188,889
212,831
Pre-Tax Profit
1,145,204
1,072,782
1,074,245
868,014
974,058
816,314
769,847
700,065
737,179
705,704
567,137
502,248
451,251
498,606
389,393
Tax
-281,078
-225,676
-521,009
-160,242
-276,960
-155,068
-143,744
-100,221
-83,980
-141,980
-58,884
-103,585
-76,283
-131,859
-113,636
Profit After Tax
864,126
847,106
553,236
707,772
697,098
661,246
626,103
599,844
653,199
563,724
508,253
398,663
374,968
366,747
275,757
Dividends Paid
350,000
300,000
750,000
750,000
Retained Profit
864,126
497,106
253,236
-42,228
-52,902
661,246
626,103
599,844
653,199
563,724
508,253
398,663
374,968
366,747
275,757
Employee Costs
1,265,186
1,053,556
909,701
835,252
803,962
754,969
674,423
613,823
554,539
502,792
460,799
399,136
400,514
Number Of Employees
25
22
21
20
19
18
18
16
15
14
13
11
11
12
10
EBITDA*
3,321,283
2,892,232
2,680,009
2,370,867
2,424,175
2,195,459
1,990,665
1,868,374
1,892,188
1,707,573
1,440,810
1,233,257
946,409
859,701
661,446
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
15,979,362
13,355,786
12,228,790
12,234,367
12,279,484
11,504,773
10,704,241
10,204,728
10,432,883
9,997,049
8,679,586
7,868,049
6,918,495
5,795,764
4,772,656
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
15,979,362
13,355,786
12,228,790
12,234,367
12,279,484
11,504,773
10,704,241
10,204,728
10,432,883
9,997,049
8,679,586
7,868,049
6,918,495
5,795,764
4,772,656
Stock & work in progress
748,183
369,522
370,475
345,541
227,713
276,341
292,532
236,065
222,245
193,772
176,977
282,961
165,310
Trade Debtors
1,295,310
1,289,667
1,302,387
1,067,081
975,060
968,800
812,146
943,267
671,273
631,899
657,698
546,619
483,637
569,896
930,317
Group Debtors
210
210
7,922
1,800
3,715
1,872
2,964
1,050
Misc Debtors
105,155
57,618
59,008
56,806
59,615
21,888
17,688
17,431
18,133
5,674
12,655
4,180
10,970
2,071
Cash
510,154
291,697
147,567
300,033
373,500
176,643
581,167
685,200
598,181
769,476
638,458
429,764
311,926
76,689
64,075
misc current assets
total current assets
2,659,012
2,008,714
1,887,359
1,771,261
1,639,603
1,445,544
1,703,533
1,884,927
1,510,882
1,600,821
1,485,788
1,263,524
971,843
646,585
996,463
total assets
18,638,374
15,364,500
14,116,149
14,005,628
13,919,087
12,950,317
12,407,774
12,089,655
11,943,765
11,597,870
10,165,374
9,131,573
7,890,338
6,442,349
5,769,119
Bank overdraft
Bank loan
Trade Creditors
1,090,321
191,395
353,955
556,593
202,811
318,387
363,672
164,379
166,336
130,041
150,340
154,697
182,352
27,437
15,961
Group/Directors Accounts
2,339,572
1,719,952
1,357,653
1,141,229
6,121,782
5,092,945
392,832
300,055
326,424
338,995
311,188
215,838
123,155
236,943
291,137
other short term finances
hp & lease commitments
56,001
354,516
other current liabilities
358,248
396,352
220,351
430,790
212,111
251,956
78,191
238,688
189,811
89,415
101,963
104,065
29,084
25,960
176,273
total current liabilities
3,788,141
2,307,699
1,931,959
2,128,612
6,536,704
5,663,288
834,695
703,122
682,571
558,451
563,491
474,600
334,591
346,341
837,887
loans
5,156,822
4,480,386
4,165,081
4,478,062
5,000,310
5,500,310
5,992,387
6,436,652
5,665,427
5,226,636
4,606,262
3,586,327
2,766,824
hp & lease commitments
2,000
58,001
Accruals and Deferred Income
other liabilities
provisions
1,640,906
1,388,036
1,327,836
960,917
902,118
753,862
700,848
640,405
622,833
609,992
507,405
481,110
398,921
332,085
297,558
total long term liabilities
6,797,728
5,868,422
5,492,917
5,438,979
902,118
753,862
5,701,158
6,140,715
6,615,220
7,046,644
6,172,832
5,707,746
5,005,183
3,920,412
3,122,383
total liabilities
10,585,869
8,176,121
7,424,876
7,567,591
7,438,822
6,417,150
6,535,853
6,843,837
7,297,791
7,605,095
6,736,323
6,182,346
5,339,774
4,266,753
3,960,270
net assets
8,052,505
7,188,379
6,691,273
6,438,037
6,480,265
6,533,167
5,871,921
5,245,818
4,645,974
3,992,775
3,429,051
2,949,227
2,550,564
2,175,596
1,808,849
total shareholders funds
8,052,505
7,188,379
6,691,273
6,438,037
6,480,265
6,533,167
5,871,921
5,245,818
4,645,974
3,992,775
3,429,051
2,949,227
2,550,564
2,175,596
1,808,849
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
1,612,895
1,349,441
1,283,983
1,042,526
1,157,748
999,946
907,714
847,682
912,727
866,219
711,888
612,003
394,666
355,678
260,557
Depreciation
1,708,388
1,542,791
1,396,026
1,328,341
1,266,427
1,195,513
1,082,951
1,020,692
979,461
841,354
728,922
621,254
551,743
504,023
400,889
Amortisation
Tax
-281,078
-225,676
-521,009
-160,242
-276,960
-155,068
-143,744
-100,221
-83,980
-141,980
-58,884
-103,585
-76,283
-131,859
-113,636
Stock
378,661
-953
24,934
117,828
-48,628
-16,191
56,467
13,820
28,473
16,795
-105,984
117,651
165,310
Debtors
53,180
-21,822
243,630
87,297
45,830
162,726
-133,828
273,206
52,883
-32,780
119,554
56,192
-75,289
-362,492
932,388
Creditors
898,926
-162,560
-202,638
353,782
-115,576
-45,285
199,293
-1,957
36,295
-20,299
-4,357
-27,655
154,915
11,476
15,961
Accruals and Deferred Income
-38,104
176,001
-210,439
218,679
-39,845
173,765
-160,497
48,877
100,396
-12,548
-2,102
74,981
3,124
-150,313
176,273
Deferred Taxes & Provisions
252,870
60,200
366,919
58,799
148,256
53,014
60,443
17,572
12,841
102,587
26,295
82,189
66,836
34,527
297,558
Cash flow from operations
3,722,056
2,762,972
1,844,278
2,636,760
2,142,848
2,075,350
2,023,521
1,545,619
1,876,384
1,651,318
1,388,192
1,085,344
1,004,980
986,024
105,214
Investing Activities
capital expenditure
-4,331,964
-2,669,787
-1,390,449
-1,283,224
-2,041,138
-1,996,045
-1,582,464
-792,537
-1,415,295
-2,158,817
-1,540,459
-1,570,808
-1,674,474
-1,527,131
-5,173,545
Change in Investments
cash flow from investments
-4,331,964
-2,669,787
-1,390,449
-1,283,224
-2,041,138
-1,996,045
-1,582,464
-792,537
-1,415,295
-2,158,817
-1,540,459
-1,570,808
-1,674,474
-1,527,131
-5,173,545
Financing Activities
Bank loans
Group/Directors Accounts
619,620
362,299
216,424
-4,980,553
1,028,837
4,700,113
92,777
-26,369
-12,571
27,807
95,350
92,683
-113,788
-54,194
291,137
Other Short Term Loans
Long term loans
676,436
315,305
-312,981
4,478,062
-5,000,310
-500,000
-492,077
-444,265
771,225
438,791
620,374
1,019,935
819,503
2,766,824
Hire Purchase and Lease Commitments
-58,001
-354,516
412,517
other long term liabilities
share issue
-28,429
1,533,092
interest
-467,691
-276,659
-209,738
-174,512
-183,690
-183,632
-137,867
-147,617
-175,548
-160,515
-144,751
-109,755
56,585
142,928
128,836
cash flow from financing
828,365
400,945
-306,295
-677,003
845,147
-483,829
-545,090
-666,063
-632,384
638,517
360,961
603,302
904,731
553,721
5,132,406
cash and cash equivalents
cash
218,457
144,130
-152,466
-73,467
196,857
-404,524
-104,033
87,019
-171,295
131,018
208,694
117,838
235,237
12,614
64,075
overdraft
change in cash
218,457
144,130
-152,466
-73,467
196,857
-404,524
-104,033
87,019
-171,295
131,018
208,694
117,838
235,237
12,614
64,075
tcl tanker rental 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 tcl tanker rental limited. Get real-time insights into tcl tanker rental limited's credit score, group structure and payment trends.
Perform a competitor analysis for tcl tanker rental limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in NG17 area or any other competitors across 12 key performance metrics.
tcl tanker rental limited Ownership
TCL TANKER RENTAL LIMITED group structure
Tcl Tanker Rental Limited has no subsidiary companies.
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 7 charges/mortgages relating to tcl tanker rental limited. Currently there are 1 open charges and 6 have been satisfied in the past.
tcl tanker rental 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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tcl tanker rental limitedCompanies House Filings - See Documents
