through transport mutual services (uk) limited
through transport mutual services (uk) limited Company Information
Company Number
02979794
Website
http://ttclub.comRegistered Address
90 fenchurch street, london, EC3M 4ST
Industry
Activities of insurance agents and brokers
Telephone
02072042626
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
thomas miller (uk) holdings company ltd 100%
through transport mutual services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of THROUGH TRANSPORT MUTUAL SERVICES (UK) LIMITED at £73.4m based on a Turnover of £32.4m and 2.26x industry multiple (adjusted for size and gross margin).
through transport mutual services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of THROUGH TRANSPORT MUTUAL SERVICES (UK) LIMITED at £9.6m based on an EBITDA of £733.8k and a 13.13x industry multiple (adjusted for size and gross margin).
through transport mutual services (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of THROUGH TRANSPORT MUTUAL SERVICES (UK) LIMITED at £1.9m based on Net Assets of £600.2k and 3.1x industry multiple (adjusted for liquidity).
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Through Transport Mutual Services (uk) Limited Overview
Through Transport Mutual Services (uk) Limited is a live company located in london, EC3M 4ST with a Companies House number of 02979794. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in October 1994, it's largest shareholder is thomas miller (uk) holdings company ltd with a 100% stake. Through Transport Mutual Services (uk) Limited is a mature, large sized company, Pomanda has estimated its turnover at £32.4m with healthy growth in recent years.
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Through Transport Mutual Services (uk) Limited Health Check
Pomanda's financial health check has awarded Through Transport Mutual Services (Uk) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £32.4m, make it larger than the average company (£3m)
£32.4m - Through Transport Mutual Services (uk) Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5.3%)
8% - Through Transport Mutual Services (uk) Limited
5.3% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (93.2%)
100% - Through Transport Mutual Services (uk) Limited
93.2% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (18.4%)
2.3% - Through Transport Mutual Services (uk) Limited
18.4% - Industry AVG
Employees
with 156 employees, this is above the industry average (21)
- Through Transport Mutual Services (uk) Limited
21 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Through Transport Mutual Services (uk) Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £207.7k, this is more efficient (£114.9k)
- Through Transport Mutual Services (uk) Limited
£114.9k - Industry AVG
Debtor Days
it gets paid by customers after 112 days, this is later than average (73 days)
112 days - Through Transport Mutual Services (uk) Limited
73 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Through Transport Mutual Services (uk) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Through Transport Mutual Services (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (34 weeks)
0 weeks - Through Transport Mutual Services (uk) Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.3%, this is a higher level of debt than the average (62.5%)
97.3% - Through Transport Mutual Services (uk) Limited
62.5% - Industry AVG
THROUGH TRANSPORT MUTUAL SERVICES (UK) LIMITED financials
Through Transport Mutual Services (Uk) Limited's latest turnover from December 2022 is £32.4 million and the company has net assets of £600.2 thousand. According to their latest financial statements, we estimate that Through Transport Mutual Services (Uk) Limited has 156 employees and maintains cash reserves of £291 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 32,406,210 | 31,017,087 | 29,276,483 | 25,714,758 | 23,928,129 | 23,392,592 | 22,792,684 | 21,614,462 | 20,595,536 | 19,945,501 | 21,522,805 | 19,629,780 | 19,576,868 | 19,108,020 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | |||||||||
| Gross Profit | 32,406,210 | 31,017,087 | 29,276,483 | 25,714,758 | 23,928,129 | |||||||||
| Admin Expenses | 31,672,417 | 30,333,076 | 28,675,347 | 25,159,980 | 23,389,911 | |||||||||
| Operating Profit | 733,793 | 684,011 | 601,136 | 554,778 | 538,218 | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 733,793 | 684,011 | 601,136 | 554,778 | 538,218 | 480,764 | 514,845 | 497,126 | 494,227 | 154,451 | 696,849 | 793,480 | 932,232 | 972,060 |
| Tax | -139,421 | -129,962 | -114,216 | -105,408 | -102,260 | -92,532 | -102,970 | -100,649 | -106,225 | -35,905 | -170,709 | -210,218 | -261,025 | -272,177 |
| Profit After Tax | 594,372 | 554,049 | 486,920 | 449,370 | 435,958 | 388,232 | 411,875 | 396,477 | 388,002 | 118,546 | 526,140 | 583,262 | 671,207 | 699,883 |
| Dividends Paid | 554,000 | 336,000 | 600,000 | 326,000 | 400,000 | 0 | 527,000 | 428,000 | 1,000,000 | 2,000,000 | 0 | 0 | 0 | 0 |
| Retained Profit | 40,372 | 218,049 | -113,080 | 123,370 | 35,958 | 388,232 | -115,125 | -31,523 | -611,998 | -1,881,454 | 526,140 | 583,262 | 671,207 | 699,883 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 733,793 | 684,011 | 601,136 | 554,778 | 538,218 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,957,034 | 7,329,978 | 6,716,747 | 6,892,749 | 0 | 0 | 0 | 0 | 0 | 38,077 | 49,736 | 0 | 0 | 500,000 |
| Group Debtors | 12,352,910 | 14,544,474 | 11,939,587 | 10,893,050 | 354,707 | 1,358,281 | 921,226 | 752,808 | 557,497 | 1,582,079 | 3,188,451 | 2,505,671 | 2,072,769 | 2,253,215 |
| Misc Debtors | 0 | 262,124 | 175,000 | 0 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26,683 |
| Cash | 291 | 277 | 341 | 383 | 468 | 524 | 565 | 543 | 637 | 731 | 742 | 796 | 846 | 866 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 22,310,235 | 22,136,853 | 18,831,675 | 17,786,182 | 385,175 | 1,358,805 | 921,791 | 753,351 | 558,134 | 1,620,887 | 3,238,929 | 2,506,467 | 2,073,615 | 2,780,764 |
| total assets | 22,310,235 | 22,136,853 | 18,831,675 | 17,786,182 | 385,175 | 1,358,805 | 921,791 | 753,351 | 558,134 | 1,620,887 | 3,238,929 | 2,506,467 | 2,073,615 | 2,780,764 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 30,000 | 0 | 0 | 0 | 0 | 90,000 | 60,000 | 1 | 71,065 | 103,306 | 190,553 | 0 | 0 | 1,497,878 |
| other short term finances | 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 |
| other current liabilities | 21,680,027 | 21,577,017 | 18,489,888 | 17,331,315 | 53,678 | 973,266 | 574,484 | 350,918 | 53,114 | 471,628 | 120,968 | 105,199 | 255,609 | 136,087 |
| total current liabilities | 21,710,027 | 21,577,017 | 18,489,888 | 17,331,315 | 53,678 | 1,063,266 | 634,484 | 350,919 | 124,179 | 574,934 | 311,521 | 105,199 | 255,609 | 1,633,965 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 21,710,027 | 21,577,017 | 18,489,888 | 17,331,315 | 53,678 | 1,063,266 | 634,484 | 350,919 | 124,179 | 574,934 | 311,521 | 105,199 | 255,609 | 1,633,965 |
| net assets | 600,208 | 559,836 | 341,787 | 454,867 | 331,497 | 295,539 | 287,307 | 402,432 | 433,955 | 1,045,953 | 2,927,408 | 2,401,268 | 1,818,006 | 1,146,799 |
| total shareholders funds | 600,208 | 559,836 | 341,787 | 454,867 | 331,497 | 295,539 | 287,307 | 402,432 | 433,955 | 1,045,953 | 2,927,408 | 2,401,268 | 1,818,006 | 1,146,799 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 733,793 | 684,011 | 601,136 | 554,778 | 538,218 | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -139,421 | -129,962 | -114,216 | -105,408 | -102,260 | -92,532 | -102,970 | -100,649 | -106,225 | -35,905 | -170,709 | -210,218 | -261,025 | -272,177 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 173,368 | 3,305,242 | 1,045,535 | 17,401,092 | -973,574 | 437,055 | 168,418 | 195,311 | -1,062,659 | -1,618,031 | 732,516 | 432,902 | -707,129 | 2,779,898 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 103,010 | 3,087,129 | 1,158,573 | 17,277,637 | -919,588 | 398,782 | 223,566 | 297,804 | -418,514 | 350,660 | 15,769 | -150,410 | 119,522 | 136,087 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 524,014 | 335,936 | 599,958 | 325,915 | 489,944 | |||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 30,000 | 0 | 0 | 0 | -90,000 | 30,000 | 59,999 | -71,064 | -32,241 | -87,247 | 190,553 | 0 | -1,497,878 | 1,497,878 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 30,000 | 0 | 0 | 0 | -90,000 | -350,000 | 59,999 | -71,064 | -32,241 | -87,248 | 190,553 | 0 | -1,497,878 | 1,944,794 |
| cash and cash equivalents | ||||||||||||||
| cash | 14 | -64 | -42 | -85 | -56 | -41 | 22 | -94 | -94 | -11 | -54 | -50 | -20 | 866 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 14 | -64 | -42 | -85 | -56 | -41 | 22 | -94 | -94 | -11 | -54 | -50 | -20 | 866 |
through transport mutual services (uk) limited Credit Report and Business Information
Through Transport Mutual Services (uk) Limited Competitor Analysis
Perform a competitor analysis for through transport mutual services (uk) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
through transport mutual services (uk) limited Ownership
THROUGH TRANSPORT MUTUAL SERVICES (UK) LIMITED group structure
Through Transport Mutual Services (Uk) Limited has no subsidiary companies.
Ultimate parent company
THOMAS MILLER HOLDINGS LTD
#0029345
2 parents
THROUGH TRANSPORT MUTUAL SERVICES (UK) LIMITED
02979794
through transport mutual services (uk) limited directors
Through Transport Mutual Services (Uk) Limited currently has 2 directors. The longest serving directors include Mr Charles Fenton (Jul 2007) and Mr Ehsan Chowdhury (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Fenton | United Kingdom | 60 years | Jul 2007 | - | Director |
| Mr Ehsan Chowdhury | 55 years | Sep 2023 | - | Director |
P&L
December 2022turnover
32.4m
+4%
operating profit
733.8k
+7%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
600.2k
+0.07%
total assets
22.3m
+0.01%
cash
291
+0.05%
net assets
Total assets minus all liabilities
through transport mutual services (uk) limited company details
company number
02979794
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
October 1994
age
30
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
minmar (266) limited (October 1994)
incorporated
UK
address
90 fenchurch street, london, EC3M 4ST
last accounts submitted
December 2022
through transport mutual services (uk) 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 through transport mutual services (uk) limited.
through transport mutual services (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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