Pomanda estimates the enterprise value of TC CARPETS & FLOORING LIMITED at £276.9k based on a Turnover of £813.9k and 0.34x industry multiple (adjusted for size and gross margin).
tc carpets & flooring limitedEstimated Valuation
£81k
Pomanda estimates the enterprise value of TC CARPETS & FLOORING LIMITED at £81k based on an EBITDA of £23k and a 3.52x industry multiple (adjusted for size and gross margin).
tc carpets & flooring limitedEstimated Valuation
£26.7k
Pomanda estimates the enterprise value of TC CARPETS & FLOORING LIMITED at £26.7k based on Net Assets of £14k and 1.91x industry multiple (adjusted for liquidity).
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Tc Carpets & Flooring LimitedOverview
Tc Carpets & Flooring Limited is a live company located in surrey, RH4 2JZ with a Companies House number of 03122287. It operates in the retail sale of carpets, rugs, wall and floor coverings in specialised stores sector, SIC Code 47530. Founded in November 1995, it's largest shareholder is
christopher mark irwin
with a 50% stake. Tc Carpets & Flooring Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£813.9k with
declining
growth in recent years.
Pomanda's financial health check has awarded Tc Carpets & Flooring Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
4 Regular
7 Weak
Size
annual sales of £813.9k, make it smaller than the average company (£1.9m)
£813.9k - Tc Carpets & Flooring Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (5.1%)
-1% - Tc Carpets & Flooring Limited
5.1% - Industry AVG
Production
with a gross margin of 43.4%, this company has a comparable cost of product (43.4%)
43.4% - Tc Carpets & Flooring Limited
43.4% - Industry AVG
Profitability
an operating margin of 2.2% make it less profitable than the average company (4.7%)
2.2% - Tc Carpets & Flooring Limited
4.7% - Industry AVG
Employees
with 6 employees, this is below the industry average (14)
6 - Tc Carpets & Flooring Limited
14 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
£32.6k - Tc Carpets & Flooring Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £135.6k, this is less efficient (£169.9k)
£135.6k - Tc Carpets & Flooring Limited
£169.9k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is later than average (23 days)
40 days - Tc Carpets & Flooring Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (43 days)
43 days - Tc Carpets & Flooring Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 62 days, this is less than average (87 days)
62 days - Tc Carpets & Flooring Limited
87 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 20 weeks, this is average cash available to meet short term requirements (25 weeks)
20 weeks - Tc Carpets & Flooring Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.1%, this is a higher level of debt than the average (52.2%)
95.1% - Tc Carpets & Flooring Limited
52.2% - Industry AVG
TC CARPETS & FLOORING LIMITED financials
EXPORT
Tc Carpets & Flooring Limited's latest turnover from November 2023 is estimated at £813.9 thousand and the company has net assets of £14 thousand. According to their latest financial statements, Tc Carpets & Flooring Limited has 6 employees and maintains cash reserves of £95.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Turnover
813,860
724,375
551,140
844,295
1,372,696
955,296
1,254,671
2,946,969
2,356,050
2,647,541
1,452,175
2,724,959
1,428,498
1,240,958
Other Income Or Grants
Cost Of Sales
460,498
417,757
328,527
522,476
865,313
599,850
799,191
1,877,648
1,482,775
1,670,979
924,652
1,692,822
886,737
782,967
Gross Profit
353,361
306,618
222,612
321,819
507,383
355,446
455,480
1,069,321
873,276
976,562
527,523
1,032,137
541,761
457,990
Admin Expenses
335,299
303,126
219,430
337,812
487,470
356,129
474,066
1,051,133
877,013
960,542
567,254
985,475
554,942
439,530
-132
Operating Profit
18,062
3,492
3,182
-15,993
19,913
-683
-18,586
18,188
-3,737
16,020
-39,731
46,662
-13,181
18,460
132
Interest Payable
4,241
4,298
2,629
915
37
35
Interest Receivable
3,629
1,097
31
40
275
209
107
23
26
13
51
46
53
54
Pre-Tax Profit
17,451
291
584
-16,868
20,188
-474
-18,516
18,175
-3,711
16,033
-39,680
46,708
-13,128
18,514
132
Tax
-4,363
-55
-111
-3,836
-3,635
-3,367
-11,210
-5,184
-37
Profit After Tax
13,088
236
473
-16,868
16,352
-474
-18,516
14,540
-3,711
12,666
-39,680
35,498
-13,128
13,330
95
Dividends Paid
Retained Profit
13,088
236
473
-16,868
16,352
-474
-18,516
14,540
-3,711
12,666
-39,680
35,498
-13,128
13,330
95
Employee Costs
195,609
166,790
155,621
172,362
168,467
155,117
152,224
597,818
390,979
429,549
236,618
435,843
229,573
221,710
Number Of Employees
6
6
6
7
6
6
6
24
16
18
10
20
11
10
EBITDA*
23,029
8,246
9,955
-10,031
26,175
17,024
777
34,337
10,462
18,723
-37,408
50,075
-9,765
23,364
3,290
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Tangible Assets
3,000
7,967
12,721
18,303
6,180
12,442
29,651
31,689
40,040
25,871
4,154
3,335
6,748
17,005
20,907
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,000
7,967
12,721
18,303
6,180
12,442
29,651
31,689
40,040
25,871
4,154
3,335
6,748
17,005
20,907
Stock & work in progress
79,434
59,528
102,060
41,257
35,650
33,804
38,359
27,006
38,900
25,575
22,661
31,649
44,744
39,696
36,900
Trade Debtors
91,300
80,484
80,136
97,642
199,029
115,103
158,534
291,434
254,088
253,057
118,649
250,613
137,450
121,091
131,822
Group Debtors
Misc Debtors
13,598
8,690
11,589
7,077
7,113
9,406
7,015
7,603
7,190
Cash
95,641
42,623
30,499
31,099
49,102
24,122
31,703
11,169
7,060
3,217
2,047
18,242
21,324
128
misc current assets
total current assets
279,973
191,325
224,284
177,075
290,894
182,435
235,611
337,212
307,238
281,849
143,357
300,504
182,194
182,111
168,850
total assets
282,973
199,292
237,005
195,378
297,074
194,877
265,262
368,901
347,278
307,720
147,511
303,839
188,942
199,116
189,757
Bank overdraft
9,429
2,634
9,537
1,132
Bank loan
Trade Creditors
54,688
55,014
76,968
71,315
155,708
115,472
132,734
187,301
219,094
277,060
150,942
246,111
183,812
168,143
175,673
Group/Directors Accounts
21,833
4,733
11,058
other short term finances
hp & lease commitments
1,262
4,722
9,782
15,562
12,078
11,121
other current liabilities
178,188
102,471
100,612
89,035
117,073
60,431
94,076
125,704
75,209
total current liabilities
242,305
160,119
187,117
161,612
277,503
185,685
242,372
326,215
305,424
277,060
150,942
267,944
188,545
179,201
175,673
loans
26,667
36,667
46,667
30,000
hp & lease commitments
1,262
5,984
15,766
16,901
28,996
Accruals and Deferred Income
other liabilities
16,995
3,757
10,671
provisions
1,593
2,544
3,562
1,237
2,488
5,930
6,075
7,688
4,784
354
2,633
3,218
total long term liabilities
26,667
38,260
49,211
33,562
2,499
8,472
21,696
22,976
36,684
21,779
354
6,390
13,889
total liabilities
268,972
198,379
236,328
195,174
280,002
194,157
264,068
349,191
342,108
298,839
151,296
267,944
188,545
185,591
189,562
net assets
14,001
913
677
204
17,072
720
1,194
19,710
5,170
8,881
-3,785
35,895
397
13,525
195
total shareholders funds
14,001
913
677
204
17,072
720
1,194
19,710
5,170
8,881
-3,785
35,895
397
13,525
195
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Operating Activities
Operating Profit
18,062
3,492
3,182
-15,993
19,913
-683
-18,586
18,188
-3,737
16,020
-39,731
46,662
-13,181
18,460
132
Depreciation
4,967
4,754
6,773
5,962
6,262
17,707
19,363
16,149
14,199
2,703
2,323
3,413
3,416
4,904
3,158
Amortisation
Tax
-4,363
-55
-111
-3,836
-3,635
-3,367
-11,210
-5,184
-37
Stock
19,906
-42,532
60,803
5,607
1,846
-4,555
11,353
-11,894
13,325
2,914
-8,988
-13,095
5,048
2,796
36,900
Debtors
15,724
-2,551
-12,994
-101,423
81,633
-41,040
-133,488
37,759
8,221
134,408
-131,964
113,163
16,359
-10,731
131,822
Creditors
-326
-21,954
5,653
-84,393
40,236
-17,262
-54,567
-31,793
-57,966
126,118
-95,169
62,299
15,669
-7,530
175,673
Accruals and Deferred Income
75,717
1,859
11,577
-28,038
56,642
-33,645
-31,628
50,495
75,209
Deferred Taxes & Provisions
-1,593
-951
-1,018
2,325
-1,251
-3,442
-145
-1,613
2,904
4,430
354
-2,633
-585
3,218
Cash flow from operations
56,834
32,228
-21,753
-24,321
34,487
8,270
36,572
21,926
9,063
8,582
8,729
1,096
-18,136
18,000
13,422
Investing Activities
capital expenditure
-1,191
-18,085
-498
-17,325
-7,798
-28,368
-24,420
-3,142
6,841
-1,002
-24,065
Change in Investments
cash flow from investments
-1,191
-18,085
-498
-17,325
-7,798
-28,368
-24,420
-3,142
6,841
-1,002
-24,065
Financing Activities
Bank loans
Group/Directors Accounts
-21,833
17,100
-6,325
11,058
Other Short Term Loans
Long term loans
-10,000
-10,000
16,667
30,000
Hire Purchase and Lease Commitments
-1,262
-4,722
-9,782
-15,562
2,349
-11,138
40,117
other long term liabilities
-16,995
16,995
-3,757
-6,914
10,671
share issue
100
interest
-612
-3,201
-2,598
-875
275
209
70
-12
26
13
51
46
53
54
cash flow from financing
-10,612
-13,201
12,807
24,403
-9,507
-15,353
2,419
-11,150
23,148
17,008
-21,782
17,146
-10,029
4,198
10,771
cash and cash equivalents
cash
53,018
12,124
-600
-18,003
24,980
-7,581
20,534
4,109
3,843
1,170
-16,195
18,242
-21,324
21,196
128
overdraft
6,795
-6,903
9,537
-1,132
1,132
change in cash
46,223
19,027
-10,137
-18,003
24,980
-7,581
21,666
2,977
3,843
1,170
-16,195
18,242
-21,324
21,196
128
tc carpets & flooring 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 tc carpets & flooring limited. Get real-time insights into tc carpets & flooring limited's credit score, group structure and payment trends.
Perform a competitor analysis for tc carpets & flooring limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in RH4 area or any other competitors across 12 key performance metrics.
tc carpets & flooring limited Ownership
TC CARPETS & FLOORING LIMITED group structure
Tc Carpets & Flooring Limited has no subsidiary companies.
Ultimate parent company
TC CARPETS & FLOORING LIMITED
03122287
TC CARPETS & FLOORING LIMITED Shareholders
The largest shareholders in Tc Carpets & Flooring Limited include Christopher Mark Irwin and Tony Morbey.
christopher mark irwin
50%
tony morbey
50%
tc carpets & flooring limited directors
Tc Carpets & Flooring Limited currently has 2 directors.
The longest serving directors include
Mr Christopher Irwin (Nov 1995) and
Mr Tony Morbey (Sep 2005).
47530 - Retail sale of carpets, rugs, wall and floor coverings in specialised stores
incorporation date
November 1995
age
30
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
COVE ACCOUNTANCY SERVICES LIMITED
auditor
-
address
23 south street, dorking, surrey, RH4 2JZ
Bank
-
Legal Advisor
-
tc carpets & flooring 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 tc carpets & flooring limited.
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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tc carpets & flooring limitedCompanies House Filings - See Documents
