Pomanda estimates the enterprise value of TESCO DISTRIBUTION LIMITED at £1.5b based on a Turnover of £2.3b and 0.63x industry multiple (adjusted for size and gross margin).
tesco distribution limitedEstimated Valuation
£1.5b
Pomanda estimates the enterprise value of TESCO DISTRIBUTION LIMITED at £1.5b based on an EBITDA of £311.6m and a 4.71x industry multiple (adjusted for size and gross margin).
tesco distribution limitedEstimated Valuation
£985.7m
Pomanda estimates the enterprise value of TESCO DISTRIBUTION LIMITED at £985.7m based on Net Assets of £441.6m and 2.23x industry multiple (adjusted for liquidity).
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Tesco Distribution LimitedOverview
Tesco Distribution Limited is a live company located in welwyn garden city, AL7 1GA with a Companies House number of 02972724. It operates in the freight transport by road sector, SIC Code 49410. Founded in September 1994, it's largest shareholder is
tesco distribution holdings ltd
with a 100% stake. Tesco Distribution Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£2.3b with
healthy
growth in recent years.
Pomanda's financial health check has awarded Tesco Distribution Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
1 Regular
5 Weak
Size
annual sales of £2.3b, make it larger than the average company (£9.1m)
£2.3b - Tesco Distribution Limited
£9.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (9.4%)
7% - Tesco Distribution Limited
9.4% - Industry AVG
Production
with a gross margin of 6.9%, this company has a higher cost of product (23.1%)
6.9% - Tesco Distribution Limited
23.1% - Industry AVG
Profitability
an operating margin of 6.9% make it more profitable than the average company (5.1%)
6.9% - Tesco Distribution Limited
5.1% - Industry AVG
Employees
with 17300 employees, this is above the industry average (58)
17300 - Tesco Distribution Limited
58 - Industry AVG
Pay Structure
on an average salary of £61.8k, the company has a higher pay structure (£40.9k)
£61.8k - Tesco Distribution Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £135.5k, this is equally as efficient (£136.3k)
£135.5k - Tesco Distribution Limited
£136.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Tesco Distribution Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tesco Distribution Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (1 days)
1 days - Tesco Distribution Limited
1 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Tesco Distribution Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.6%, this is a higher level of debt than the average (60.9%)
70.6% - Tesco Distribution Limited
60.9% - Industry AVG
TESCO DISTRIBUTION LIMITED financials
EXPORT
Tesco Distribution Limited's latest turnover from February 2024 is £2.3 billion and the company has net assets of £441.6 million. According to their latest financial statements, Tesco Distribution Limited has 17,300 employees and maintains cash reserves of £11.8 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
2,344,088,000
2,270,643,000
2,056,147,000
1,890,510,000
1,791,259,000
1,815,176,000
1,736,376,000
1,686,449,000
1,723,303,000
1,709,671,000
1,647,897,000
1,681,638,000
1,651,590,000
1,571,876,000
1,585,768,000
Other Income Or Grants
Cost Of Sales
2,181,849,000
2,113,375,000
1,947,861,000
1,763,507,000
1,666,312,000
1,682,100,000
1,674,520,000
1,668,677,000
1,649,755,000
1,629,888,000
1,613,685,000
1,599,051,000
1,564,784,000
1,500,756,000
1,515,346,000
Gross Profit
162,239,000
157,268,000
108,286,000
127,003,000
124,947,000
133,076,000
61,856,000
17,772,000
73,548,000
79,783,000
34,212,000
82,587,000
86,806,000
71,120,000
70,422,000
Admin Expenses
-40,358,000
-11,000
-93,000
-94,000
-119,000
-49,000
15,000
-354,000
-1,000
Operating Profit
162,239,000
157,268,000
148,644,000
127,003,000
124,958,000
133,169,000
61,950,000
17,891,000
73,597,000
79,768,000
34,566,000
82,588,000
86,806,000
71,120,000
70,422,000
Interest Payable
40,966,000
41,313,000
49,068,000
55,018,000
58,344,000
52,825,000
481,000
4,288,000
514,000
539,000
543,000
16,000
31,000
230,000
Interest Receivable
10,086,000
21,439,000
3,616,000
16,572,000
5,522,000
37,000
46,000
Pre-Tax Profit
131,359,000
137,394,000
103,192,000
88,557,000
72,136,000
80,381,000
21,471,000
16,914,000
59,729,000
64,692,000
15,698,000
-33,817,000
42,408,000
19,921,000
59,007,000
Tax
-16,775,000
-9,614,000
-18,860,000
-220,000
-1,032,000
2,345,000
1,121,000
1,750,000
1,047,000
1,388,000
8,758,000
1,638,000
7,043,000
-13,719,000
-891,000
Profit After Tax
114,584,000
127,780,000
84,332,000
88,337,000
71,104,000
82,726,000
22,592,000
18,664,000
60,776,000
66,080,000
24,456,000
-32,179,000
49,451,000
6,202,000
58,116,000
Dividends Paid
100,000,000
490,000,000
Retained Profit
14,584,000
-362,220,000
84,332,000
88,337,000
71,104,000
82,726,000
22,592,000
18,664,000
60,776,000
66,080,000
24,456,000
-32,179,000
49,451,000
6,202,000
58,116,000
Employee Costs
1,069,688,000
972,492,000
832,081,000
766,828,000
680,428,000
686,150,000
595,542,000
567,145,000
534,215,000
518,958,000
540,622,000
524,828,000
545,307,000
504,978,000
564,767,000
Number Of Employees
17,300
17,511
16,919
17,079
15,750
15,158
12,655
12,270
12,137
12,247
12,713
12,913
13,275
13,575
14,090
EBITDA*
311,629,000
298,738,000
287,710,000
258,232,000
251,910,000
195,327,000
157,988,000
88,892,000
124,166,000
123,927,000
76,667,000
128,121,000
134,470,000
119,432,000
116,754,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
572,874,000
540,628,000
1,055,230,000
1,049,624,000
1,049,433,000
425,482,000
422,367,000
460,462,000
424,174,000
392,406,000
400,311,000
378,949,000
428,276,000
425,543,000
463,976,000
Intangible Assets
533,713,000
542,052,000
4,841,000
4,445,000
4,681,000
6,960,000
9,300,000
15,288,000
16,127,000
17,573,000
15,679,000
Investments & Other
893,000
8,753,000
6,228,000
627,434,000
Debtors (Due After 1 year)
249,650,000
301,518,000
1,254,000
1,433,000
Total Fixed Assets
1,106,587,000
1,082,680,000
1,310,614,000
1,364,340,000
1,061,596,000
1,061,309,000
431,667,000
475,750,000
440,301,000
409,979,000
415,990,000
378,949,000
428,276,000
425,543,000
463,976,000
Stock & work in progress
7,070,000
6,293,000
6,174,000
5,240,000
5,111,000
6,581,000
2,280,000
Trade Debtors
263,315,000
37,871,000
Group Debtors
316,351,000
217,313,000
492,151,000
296,422,000
594,809,000
818,470,000
308,588,000
249,238,000
183,045,000
377,741,000
282,862,000
162,604,000
58,236,000
32,494,000
Misc Debtors
62,417,000
60,140,000
59,123,000
69,319,000
71,637,000
91,596,000
69,679,000
97,434,000
38,573,000
89,499,000
76,046,000
76,567,000
67,330,000
63,943,000
78,367,000
Cash
11,792,000
140,221,000
1,402,000
1,612,000
490,000
1,763,000
932,000
626,000
4,000
3,000
2,051,000
misc current assets
12,791,000
2,064,000
717,000
total current assets
397,630,000
423,967,000
571,641,000
374,657,000
672,047,000
917,364,000
382,310,000
361,681,000
326,308,000
272,544,000
453,787,000
359,429,000
229,938,000
122,182,000
112,912,000
total assets
1,504,217,000
1,506,647,000
1,882,255,000
1,738,997,000
1,733,643,000
1,978,673,000
813,977,000
837,431,000
766,609,000
682,523,000
869,777,000
738,378,000
658,214,000
547,725,000
576,888,000
Bank overdraft
83,322,000
368,607,000
73,000
Bank loan
Trade Creditors
Group/Directors Accounts
2,355,000
2,194,000
2,408,000
2,077,000
1,845,000
2,410,000
30,068,000
31,102,000
55,203,000
291,406,000
193,477,000
136,788,000
87,380,000
84,955,000
other short term finances
184,000
1,600,000
5,621,000
2,185,000
hp & lease commitments
51,660,000
51,261,000
44,671,000
44,689,000
50,329,000
50,834,000
46,000
1,852,000
2,047,000
other current liabilities
321,439,000
348,747,000
347,281,000
275,198,000
255,677,000
244,216,000
164,207,000
226,704,000
180,285,000
116,812,000
122,935,000
111,014,000
103,954,000
105,736,000
163,854,000
total current liabilities
375,638,000
403,802,000
394,360,000
321,964,000
396,794,000
668,252,000
194,275,000
257,806,000
180,285,000
172,015,000
414,341,000
304,564,000
240,788,000
194,968,000
250,856,000
loans
572,000
3,402,000
1,414,000
16,582,000
hp & lease commitments
641,069,000
653,321,000
664,572,000
692,940,000
713,152,000
755,157,000
7,484,000
7,910,000
8,291,000
1,852,000
Accruals and Deferred Income
other liabilities
12,406,000
8,632,000
8,936,000
provisions
45,317,000
23,871,000
25,723,000
10,792,000
11,336,000
17,505,000
63,731,000
47,485,000
143,212,000
65,589,000
80,153,000
92,254,000
46,955,000
37,395,000
23,676,000
total long term liabilities
686,958,000
680,594,000
690,295,000
716,138,000
725,902,000
772,662,000
71,215,000
55,395,000
79,897,000
74,221,000
89,089,000
92,254,000
46,955,000
37,395,000
25,528,000
total liabilities
1,062,596,000
1,084,396,000
1,084,655,000
1,038,102,000
1,122,696,000
1,440,914,000
265,490,000
313,201,000
260,182,000
246,236,000
503,430,000
396,818,000
287,743,000
232,363,000
276,384,000
net assets
441,621,000
422,251,000
797,600,000
700,895,000
610,947,000
537,759,000
548,487,000
524,230,000
506,427,000
436,287,000
366,347,000
341,560,000
370,471,000
315,362,000
300,504,000
total shareholders funds
441,621,000
422,251,000
797,600,000
700,895,000
610,947,000
537,759,000
548,487,000
524,230,000
506,427,000
436,287,000
366,347,000
341,560,000
370,471,000
315,362,000
300,504,000
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
162,239,000
157,268,000
148,644,000
127,003,000
124,958,000
133,169,000
61,950,000
17,891,000
73,597,000
79,768,000
34,566,000
82,588,000
86,806,000
71,120,000
70,422,000
Depreciation
96,425,000
89,841,000
137,126,000
129,168,000
124,605,000
58,849,000
87,344,000
66,910,000
47,127,000
44,159,000
42,101,000
45,533,000
47,664,000
48,312,000
46,332,000
Amortisation
52,965,000
51,629,000
1,940,000
2,061,000
2,347,000
3,309,000
8,694,000
4,091,000
3,442,000
Tax
-16,775,000
-9,614,000
-18,860,000
-220,000
-1,032,000
2,345,000
1,121,000
1,750,000
1,047,000
1,388,000
8,758,000
1,638,000
7,043,000
-13,719,000
-891,000
Stock
777,000
119,000
934,000
129,000
-1,470,000
4,301,000
2,280,000
Debtors
101,315,000
-523,471,000
133,665,000
-441,000
-243,799,000
533,232,000
17,518,000
35,067,000
53,138,000
-181,243,000
94,358,000
129,495,000
107,755,000
11,318,000
110,861,000
Creditors
Accruals and Deferred Income
-27,308,000
1,466,000
72,083,000
19,521,000
11,461,000
80,009,000
-62,497,000
46,419,000
63,473,000
-6,123,000
11,921,000
7,060,000
-1,782,000
-58,118,000
163,854,000
Deferred Taxes & Provisions
21,446,000
-1,852,000
14,931,000
-544,000
-6,169,000
-46,226,000
16,246,000
-95,727,000
77,623,000
-14,564,000
-12,101,000
45,299,000
9,560,000
13,719,000
23,676,000
Cash flow from operations
186,900,000
812,090,000
221,265,000
277,301,000
501,439,000
-306,078,000
93,060,000
6,267,000
213,171,000
285,871,000
-9,113,000
52,623,000
41,536,000
49,996,000
192,532,000
Investing Activities
capital expenditure
-173,297,000
-164,079,000
-145,068,000
-131,184,000
-748,624,000
-62,933,000
-51,955,000
-106,450,000
-80,891,000
-38,148,000
-79,142,000
3,794,000
-50,397,000
-9,879,000
-510,308,000
Change in Investments
-893,000
-7,860,000
2,525,000
-621,206,000
627,434,000
cash flow from investments
-173,297,000
-163,186,000
-137,208,000
-133,709,000
-127,418,000
-690,367,000
-51,955,000
-106,450,000
-80,891,000
-38,148,000
-79,142,000
3,794,000
-50,397,000
-9,879,000
-510,308,000
Financing Activities
Bank loans
Group/Directors Accounts
161,000
-214,000
331,000
232,000
-565,000
-27,658,000
-1,034,000
31,102,000
-55,203,000
-236,203,000
97,929,000
56,689,000
49,408,000
2,425,000
84,955,000
Other Short Term Loans
-1,416,000
1,600,000
-5,621,000
3,436,000
2,185,000
Long term loans
-2,830,000
3,402,000
-1,414,000
1,414,000
-16,582,000
16,582,000
Hire Purchase and Lease Commitments
-11,853,000
-4,661,000
-28,386,000
-25,852,000
-42,510,000
798,507,000
-426,000
-381,000
8,291,000
-46,000
-1,806,000
-2,047,000
3,899,000
other long term liabilities
-12,406,000
12,406,000
-8,632,000
-304,000
8,936,000
share issue
4,786,000
-13,129,000
12,373,000
1,611,000
2,084,000
-93,454,000
1,665,000
-861,000
9,364,000
3,860,000
331,000
3,268,000
5,658,000
8,656,000
242,388,000
interest
-30,880,000
-19,874,000
-45,452,000
-38,446,000
-52,822,000
-52,788,000
-481,000
-4,288,000
-514,000
-539,000
-543,000
46,000
-16,000
-31,000
-230,000
cash flow from financing
-42,032,000
-32,876,000
-73,540,000
-57,084,000
-88,963,000
626,792,000
-276,000
8,990,000
-30,112,000
-233,186,000
106,653,000
59,957,000
53,244,000
9,003,000
331,012,000
cash and cash equivalents
cash
-128,429,000
138,819,000
-210,000
1,122,000
490,000
-1,763,000
831,000
306,000
626,000
-4,000
1,000
-2,048,000
2,051,000
overdraft
-83,322,000
-285,285,000
368,607,000
-73,000
73,000
change in cash
-128,429,000
138,819,000
-210,000
84,444,000
285,775,000
-370,370,000
831,000
306,000
626,000
73,000
-77,000
1,000
-2,048,000
2,051,000
tesco distribution 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 tesco distribution limited. Get real-time insights into tesco distribution limited's credit score, group structure and payment trends.
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tesco distribution limited Ownership
TESCO DISTRIBUTION LIMITED group structure
Tesco Distribution Limited has no subsidiary companies.
The largest shareholders in Tesco Distribution Limited include Tesco Distribution Holdings Ltd and Tesco Stores Ltd.
tesco distribution holdings ltd
100%
tesco stores ltd
0%
tesco distribution limited directors
Tesco Distribution Limited currently has 3 directors.
The longest serving directors include
Mr Richard Woolfenden (Jun 2015) and
Mr Nicholas Potter (Aug 2023).
tesco house shire park, kestrel way, welwyn garden city, AL7 1GA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
tesco distribution 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 did not find charges/mortgages relating to tesco distribution limited.
tesco distribution limited Capital Raised & Share Issues BETA
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tesco distribution limitedCompanies House Filings - See Documents
