T & C Linnett Limited

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t & c linnett limited Company Information

Live

MatureMicroHigh

Company Number

03148067

Next Accounts

Jan 2025

Industry

Wholesale of dairy products, eggs and edible oils and fats

Directors

Paul Linnett

Shareholders

paul linnett

Group Structure

View All

Contact

Registered Address

7 the hawthorns, west kyo, stanley, co. durham, DH9 8TX

Website

t & c linnett limited Estimated Valuation

£118k

Pomanda estimates the enterprise value of T & C LINNETT LIMITED at £118k based on a Turnover of £415.7k and 0.28x industry multiple (adjusted for size and gross margin).

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T & C Linnett Limited is a live company located in stanley, DH9 8TX with a Companies House number of 03148067. It operates in the wholesale of dairy products, eggs and edible oils and fats sector, SIC Code 46330. Founded in January 1996, it's largest shareholder is paul linnett with a 100% stake. T & C Linnett Limited is a mature, micro sized company, Pomanda has estimated its turnover at £415.7k with high growth in recent years.

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Pomanda's financial health check has awarded T & C Linnett Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

3 Strong

2 Regular

6 Weak

Size

annual sales of £415.7k, make it smaller than the average company (£31.7m)

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (9.4%)

EXPORT

T & C Linnett Limited's latest turnover from April 2023 is estimated at £415.7 thousand and the company has net assets of £830. According to their latest financial statements, T & C Linnett Limited has 2 employees and maintains cash reserves of £6.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	415,699	335,120	285,514	254,458	227,086	198,815	213,927	214,966	270,528	325,563	148,210	150,762	108,645	328,435
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	367,992	292,412	248,406	218,099	177,676	151,396	173,927	177,505	226,645	278,087	120,873	124,724	89,629	273,271
Gross Profit	47,707	42,707	37,108	36,359	49,410	47,419	40,000	37,461	43,883	47,476	27,338	26,038	19,015	55,164
Admin Expenses	50,818	48,498	28,486	35,929	36,591	41,739	40,116	45,385	51,660	53,360	33,661	29,135	65,817	-51,390
Operating Profit	-3,111	-5,791	8,622	430	12,819	5,680	-116	-7,924	-7,777	-5,884	-6,323	-3,097	-46,802	106,554
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	259	73	13	9	0	0	70	78	0	122	233	240	369	240
Pre-Tax Profit	-2,852	-5,718	8,635	440	13,118	7,278	-46	-7,846	-7,777	-5,762	-6,090	-2,857	-46,433	106,794
Tax	0	0	-1,641	-84	-2,671	-2,596	0	0	0	0	0	0	0	-29,902
Profit After Tax	-2,852	-5,718	6,994	356	10,447	4,682	-46	-7,846	-7,777	-5,762	-6,090	-2,857	-46,433	76,892
Dividends Paid	0	0	0	0	10,450	4,750	0	0	0	0	0	0	0	0
Retained Profit	-2,852	-5,718	6,994	356	-3	-68	-46	-7,846	-7,777	-5,762	-6,090	-2,857	-46,433	76,892
Employee Costs	76,441	70,639	69,139	67,737	67,035	56,478	55,611	55,630	30,578	29,260	30,400	30,974	30,060	30,028
Number Of Employees	2	2	2	2	2	2	2	2	1	1	1	1	1	1
EBITDA*	949	-378	10,216	681	13,623	9,366	9,523	-7,924	-7,777	-5,884	4,032	5,321	-39,029	113,138

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets	12,182	16,242	21,655	754	1,005	834	15,793	21,057	36,846	27,739	17,797	23,777	15,110	6,628
Intangible Assets	0	0	0	0	0	0	0	4,375	0	0	17,500	21,875	26,250	30,625
Investments & Other	0	0	221	0	3,541	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	12,182	16,242	21,876	754	4,546	834	15,793	25,432	36,846	27,739	35,297	45,652	41,360	37,253
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	5,269	5,312	5,441	4,081	3,753	2,040	5,014	4,988	42,671	49,359	8,731	10,992	8,656	10,228
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	14,980	17,586	7,884	6,344	5,232	3,769	5,099	2,316	0	0	0	0	0	0
Cash	6,128	6,042	13,416	12,446	5,973	14,986	25,140	31,038	0	0	48,808	44,385	51,609	96,080
misc current assets	694	473	0	0	0	0	0	0	1,558	1,434	0	0	0	0
total current assets	27,071	29,413	26,741	22,871	14,958	20,795	35,253	38,342	44,229	50,793	57,539	55,377	60,265	106,308
total assets	39,253	45,655	48,617	23,625	19,504	21,629	51,046	63,774	81,075	78,532	92,836	101,029	101,625	143,561
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	27,097	29,528	22,061	11,442	11,490	10,701	13,807	5,900	16,239	20,114	24,653	22,282	18,375	64,443
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	9,012	6,655	10,847	9,758	5,773	3,483	17,036	12,815	0	0	0	0	0	0
total current liabilities	36,109	36,183	32,908	21,200	17,263	14,184	30,843	18,715	16,239	20,114	24,653	22,282	18,375	64,443
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	2,704	6,309	0	0	5,260	18,082	42,892	56,863	40,000	41,448	44,923	48,399	0
provisions	2,314	3,086	0	19	191	132	0	0	0	2,668	3,183	4,182	2,352	186
total long term liabilities	2,314	5,790	6,309	19	191	5,392	18,082	42,892	56,863	42,668	44,631	49,105	50,751	186
total liabilities	38,423	41,973	39,217	21,219	17,454	19,576	48,925	61,607	73,102	62,782	69,284	71,387	69,126	64,629
net assets	830	3,682	9,400	2,406	2,050	2,053	2,121	2,167	7,973	15,750	23,552	29,642	32,499	78,932
total shareholders funds	830	3,682	9,400	2,406	2,050	2,053	2,121	2,167	7,973	15,750	23,552	29,642	32,499	78,932

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	-3,111	-5,791	8,622	430	12,819	5,680	-116	-7,924	-7,777	-5,884	-6,323	-3,097	-46,802	106,554
Depreciation	4,060	5,413	1,594	251	804	3,686	5,264	0	0	0	5,980	4,043	3,398	2,209
Amortisation	0	0	0	0	0	0	4,375	0	0	0	4,375	4,375	4,375	4,375
Tax	0	0	-1,641	-84	-2,671	-2,596	0	0	0	0	0	0	0	-29,902
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-2,649	9,573	2,900	1,440	3,176	-4,304	2,809	-35,367	-6,688	40,628	-2,261	2,336	-1,572	10,228
Creditors	-2,431	7,467	10,619	-48	789	-3,106	7,907	-10,339	-3,875	-4,539	2,371	3,907	-46,068	64,443
Accruals and Deferred Income	2,357	-4,192	1,089	3,985	2,290	-13,553	4,221	12,815	0	0	0	0	0	0
Deferred Taxes & Provisions	-772	3,086	-19	-172	59	132	0	0	-2,668	-515	-999	1,830	2,166	186
Cash flow from operations	2,752	-3,590	17,364	2,922	10,914	-5,453	18,842	29,919	-7,632	-51,566	7,665	8,722	-81,359	137,637
Investing Activities
capital expenditure	0	0	-22,495	0	-975	11,273	0	11,414	-9,107	7,558	0	-12,710	-11,880	-43,837
Change in Investments	0	-221	221	-3,541	3,541	0	0	0	0	0	0	0	0	0
cash flow from investments	0	221	-22,716	3,541	-4,516	11,273	0	11,414	-9,107	7,558	0	-12,710	-11,880	-43,837
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	-2,704	-3,605	6,309	0	-5,260	-12,822	-24,810	-13,971	16,863	-1,448	-3,475	-3,476	48,399	0
share issue	0	0	0	0	0	0	0	2,040	0	-2,040	0	0	0	2,040
interest	259	73	13	9	0	0	70	78	0	122	233	240	369	240
cash flow from financing	-2,445	-3,532	6,322	9	-5,260	-12,822	-24,740	-11,853	16,863	-3,366	-3,242	-3,236	48,768	2,280
cash and cash equivalents
cash	86	-7,374	970	6,473	-9,013	-10,154	-5,898	31,038	0	-48,808	4,423	-7,224	-44,471	96,080
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	86	-7,374	970	6,473	-9,013	-10,154	-5,898	31,038	0	-48,808	4,423	-7,224	-44,471	96,080

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for t & c linnett limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in DH9 area or any other competitors across 12 key performance metrics.

T & C LINNETT LIMITED group structure

T & C Linnett Limited has no subsidiary companies.

Ultimate parent company

T & C LINNETT LIMITED

03148067

T & C LINNETT LIMITED Shareholders

paul linnett

100%

T & C Linnett Limited currently has 1 director, Mr Paul Linnett serving since Oct 2010.

officer	country	age	start	end	role
Mr Paul Linnett	England	51 years	Oct 2010	-	Director

P&L

April 2023

turnover

415.7k

+24%

operating profit

-3.1k

gross margin

11.5%

-9.95%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2023

net assets

830

-0.77%

total assets

39.3k

-0.14%

cash

6.1k

+0.01%

net assets

Total assets minus all liabilities

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company number

03148067

Type

Private limited with Share Capital

industry

46330 - Wholesale of dairy products, eggs and edible oils and fats

incorporation date

January 1996

ultimate parent company

None

previous names

staystrong limited (January 1996)

address

7 the hawthorns, west kyo, stanley, co. durham, DH9 8TX

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t & c linnett limited Company Information

t & c linnett limited Estimated Valuation

t & c linnett limited Estimated Valuation

t & c linnett limited Estimated Valuation

T & C Linnett Limited Overview

T & C Linnett Limited Health Check

T & C LINNETT LIMITED financials

t & c linnett limited Credit Report and Business Information

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t & c linnett limited Ownership

t & c linnett limited directors

t & c linnett limited company details

t & c linnett limited Charges & Mortgages

t & c linnett limited Capital Raised & Share Issues BETA

t & c linnett limited Companies House Filings - See Documents