tesco tlb properties limited
tesco tlb properties limited Company Information
Company Number
03159425
Next Accounts
458 days late
Directors
-
Shareholders
tesco property holdings limited
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
tesco house shire park, kestrel way, welwyn garden city, AL7 1GA
Website
http://bltproperties.co.uktesco tlb properties limited Estimated Valuation
Pomanda estimates the enterprise value of TESCO TLB PROPERTIES LIMITED at £28.5m based on a Turnover of £13.4m and 2.12x industry multiple (adjusted for size and gross margin).
tesco tlb properties limited Estimated Valuation
Pomanda estimates the enterprise value of TESCO TLB PROPERTIES LIMITED at £85.9m based on an EBITDA of £13.9m and a 6.17x industry multiple (adjusted for size and gross margin).
tesco tlb properties limited Estimated Valuation
Pomanda estimates the enterprise value of TESCO TLB PROPERTIES LIMITED at £289.8m based on Net Assets of £161m and 1.8x industry multiple (adjusted for liquidity).
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Tesco Tlb Properties Limited Overview
Tesco Tlb Properties Limited is a live company located in welwyn garden city, AL7 1GA with a Companies House number of 03159425. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in February 1996, it's largest shareholder is tesco property holdings limited with a 100% stake. Tesco Tlb Properties Limited is a mature, mid sized company, Pomanda has estimated its turnover at £13.4m with low growth in recent years.
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Tesco Tlb Properties Limited Health Check
Pomanda's financial health check has awarded Tesco Tlb Properties Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
2 Weak
Size
annual sales of £13.4m, make it larger than the average company (£317.3k)
£13.4m - Tesco Tlb Properties Limited
£317.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2.3%)
- Tesco Tlb Properties Limited
2.3% - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (74.4%)
17% - Tesco Tlb Properties Limited
74.4% - Industry AVG
Profitability
an operating margin of 103.7% make it more profitable than the average company (8.8%)
103.7% - Tesco Tlb Properties Limited
8.8% - Industry AVG
Employees
with 71 employees, this is above the industry average (6)
- Tesco Tlb Properties Limited
6 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Tesco Tlb Properties Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £189k, this is more efficient (£81.4k)
- Tesco Tlb Properties Limited
£81.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Tesco Tlb Properties Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tesco Tlb Properties Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tesco Tlb Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is average cash available to meet short term requirements (50 weeks)
52 weeks - Tesco Tlb Properties Limited
50 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34%, this is a lower level of debt than the average (55.8%)
34% - Tesco Tlb Properties Limited
55.8% - Industry AVG
TESCO TLB PROPERTIES LIMITED financials
Tesco Tlb Properties Limited's latest turnover from February 2022 is £13.4 million and the company has net assets of £161 million. According to their latest financial statements, we estimate that Tesco Tlb Properties Limited has 71 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 13,416,849 | 13,439,321 | 13,924,805 | 13,325,884 | 14,602,903 | 18,916,772 | 19,046,641 | 18,972,621 | 18,997,070 | 18,538,516 | 17,703,498 | 16,496,010 | 16,227,843 |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 44,181 | 31,977 | -25,428 | 85,872 | 78,832 | 256,144 | 152,228 | 51,028 | |||||
| Gross Profit | 18,872,591 | 19,014,664 | 18,998,049 | 18,911,198 | 18,459,684 | 17,447,354 | 16,343,782 | 16,176,815 | |||||
| Admin Expenses | 296,376 | 396,900 | 393,248 | 382,004 | 375,645 | 305,589 | 401,257 | 316,263 | |||||
| Operating Profit | 13,916,735 | 13,439,733 | 13,924,729 | 13,310,573 | 14,502,455 | 18,576,215 | 18,617,764 | 18,604,801 | 18,529,194 | 18,084,039 | 17,141,765 | 15,942,525 | 15,860,552 |
| Interest Payable | 1,197,074 | 2,051,633 | 2,625,284 | 6,762 | 2,376,666 | 9,243,746 | 9,229,640 | 9,207,567 | 9,226,039 | 9,336,144 | 9,271,279 | 7,434,901 | 7,519,609 |
| Interest Receivable | 2,941 | 6,072 | 5,731 | 8,634 | 28,459 | 121,043 | 125,661 | 134,118 | |||||
| Pre-Tax Profit | -1,437,657 | 27,771,686 | 17,704,642 | 26,968,184 | 6,324,249 | -14,102,284 | 1,833,020 | 18,795,901 | 9,008,856 | 8,776,354 | 7,991,529 | 8,633,285 | 8,475,061 |
| Tax | -156,096 | -1,309,121 | -1,234,229 | -158,042 | -14,648 | 2,751,352 | 84,064 | -904,451 | 733,802 | -1,040,310 | -1,010,094 | -1,238,866 | -1,186,508 |
| Profit After Tax | -1,593,753 | 26,462,565 | 16,470,413 | 26,810,142 | 6,309,601 | -11,350,932 | 1,917,084 | 17,891,450 | 9,742,658 | 7,736,044 | 6,981,435 | 7,394,419 | 7,288,553 |
| Dividends Paid | 30,971,654 | 8,300,000 | 8,900,000 | 8,800,000 | 8,000,000 | 11,000,000 | 8,000,000 | 11,178,744 | |||||
| Retained Profit | -1,593,753 | 26,462,565 | 16,470,413 | 26,810,142 | -24,662,053 | -19,650,932 | -6,982,916 | 9,091,450 | 1,742,658 | -3,263,956 | -1,018,565 | -3,784,325 | 7,288,553 |
| Employee Costs | |||||||||||||
| Number Of Employees | |||||||||||||
| EBITDA* | 13,916,735 | 13,439,733 | 13,924,729 | 13,310,573 | 14,502,455 | 18,576,215 | 18,617,764 | 18,604,801 | 18,529,194 | 18,084,039 | 17,141,765 | 15,942,525 | 15,860,552 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 333,510,000 | 356,860,000 | 364,410,000 | 355,010,000 | |||||||||
| Intangible Assets | |||||||||||||
| Investments & Other | 240,784,894 | 254,942,212 | 238,558,626 | 232,153,429 | 230,748,754 | 333,510,000 | 356,860,000 | 364,410,000 | 355,010,000 | 355,327,721 | 336,560,000 | 332,210,000 | 302,310,000 |
| Debtors (Due After 1 year) | 32,279 | 14,709,245 | 14,709,245 | 14,709,245 | |||||||||
| Total Fixed Assets | 240,784,894 | 254,942,212 | 238,558,626 | 232,153,429 | 230,748,754 | 333,510,000 | 356,860,000 | 364,410,000 | 355,010,000 | 355,360,000 | 351,269,245 | 346,919,245 | 317,019,245 |
| Stock & work in progress | |||||||||||||
| Trade Debtors | 651,400 | 107,955 | 224,467 | 223,643 | 232,524 | 380,799 | 159,881 | 22,463 | |||||
| Group Debtors | |||||||||||||
| Misc Debtors | 36,176 | 83,490 | 4,837,637 | 4,728,936 | 4,676,603 | ||||||||
| Cash | 3,179,622 | 5,604,750 | 7,407,042 | 6,725,410 | 10,559,720 | 5,603,047 | 5,735,806 | 6,023,354 | 6,111,547 | 5,512,919 | 5,704,765 | 5,663,441 | 12,198,286 |
| misc current assets | |||||||||||||
| total current assets | 3,179,622 | 5,604,750 | 7,407,042 | 6,725,410 | 10,559,720 | 6,290,623 | 5,927,251 | 6,247,821 | 6,335,190 | 5,745,443 | 10,923,201 | 10,552,258 | 16,897,352 |
| total assets | 243,964,516 | 260,546,962 | 245,965,668 | 238,878,839 | 241,308,474 | 339,800,623 | 362,787,251 | 370,657,821 | 361,345,190 | 361,105,443 | 362,192,446 | 357,471,503 | 333,916,597 |
| Bank overdraft | |||||||||||||
| Bank loan | 185,000,000 | ||||||||||||
| Trade Creditors | 4,980 | 3,863 | |||||||||||
| Group/Directors Accounts | 2,145,419 | 2,639,912 | 2,821,029 | 524,328 | 143,135,211 | ||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 974,408 | 899,453 | 847,430 | 1,372,984 | 1,419,586 | 196,936,284 | 6,522,075 | 6,648,774 | 6,624,799 | 7,835,458 | 7,472,854 | 5,684,310 | 6,673,778 |
| total current liabilities | 3,119,827 | 3,539,365 | 3,668,459 | 1,897,312 | 144,554,797 | 196,936,284 | 6,522,075 | 6,648,774 | 6,624,799 | 7,835,458 | 7,472,854 | 5,689,290 | 191,677,641 |
| loans | 73,000,000 | 87,725,251 | 100,786,526 | 113,175,486 | 368,782,934 | 368,142,406 | 367,501,878 | 183,430,675 | 183,078,411 | 183,398,843 | |||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 8,791,749 | 12,458,121 | 11,469,084 | ||||||||||
| provisions | 6,849,395 | 6,693,299 | 5,384,201 | 4,149,972 | 3,907,750 | 10,613,062 | 17,218,784 | 18,557,476 | 18,861,542 | 595,324 | 638,604 | 692,245 | 663,506 |
| total long term liabilities | 79,849,395 | 94,418,550 | 106,170,727 | 117,325,458 | 3,907,750 | 5,306,531 | 201,792,608 | 205,808,062 | 204,650,794 | 184,025,999 | 183,717,015 | 184,091,088 | 663,506 |
| total liabilities | 82,969,222 | 97,957,915 | 109,839,186 | 119,222,770 | 148,462,547 | 202,242,815 | 208,314,683 | 212,456,836 | 211,275,593 | 191,861,457 | 191,189,869 | 189,780,378 | 192,341,147 |
| net assets | 160,995,294 | 162,589,047 | 136,126,482 | 119,656,069 | 92,845,927 | 137,557,808 | 154,472,568 | 158,200,985 | 150,069,597 | 169,243,986 | 171,002,577 | 167,691,125 | 141,575,450 |
| total shareholders funds | 160,995,294 | 162,589,047 | 136,126,482 | 119,656,069 | 92,845,927 | 137,557,808 | 154,472,568 | 158,200,985 | 150,069,597 | 169,243,986 | 171,002,577 | 167,691,125 | 141,575,450 |
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 13,916,735 | 13,439,733 | 13,924,729 | 13,310,573 | 14,502,455 | 18,576,215 | 18,617,764 | 18,604,801 | 18,529,194 | 18,084,039 | 17,141,765 | 15,942,525 | 15,860,552 |
| Depreciation | |||||||||||||
| Amortisation | |||||||||||||
| Tax | -156,096 | -1,309,121 | -1,234,229 | -158,042 | -14,648 | 2,751,352 | 84,064 | -904,451 | 733,802 | -1,040,310 | -1,010,094 | -1,238,866 | -1,186,508 |
| Stock | |||||||||||||
| Debtors | 496,131 | -33,022 | 824 | -41,160 | -19,662,878 | 329,619 | 189,751 | 19,408,311 | |||||
| Creditors | -4,980 | 1,117 | 3,863 | ||||||||||
| Accruals and Deferred Income | 74,955 | 52,023 | -525,554 | -46,602 | 1,419,586 | 190,414,209 | -126,699 | 23,975 | -1,210,659 | 362,604 | 1,788,544 | -989,468 | 6,673,778 |
| Deferred Taxes & Provisions | 156,096 | 1,309,098 | 1,234,229 | 242,222 | 3,907,750 | -6,605,722 | -1,338,692 | -304,066 | 18,266,218 | -43,280 | -53,641 | 28,739 | 663,506 |
| Cash flow from operations | 13,991,690 | 13,491,733 | 13,399,175 | 13,348,151 | 19,815,143 | 204,639,923 | 17,269,459 | 17,419,435 | 36,359,715 | 37,025,931 | 17,531,975 | 13,554,296 | 2,606,880 |
| Investing Activities | |||||||||||||
| capital expenditure | -17,157,710 | -19,983 | -19,967 | ||||||||||
| Change in Investments | -14,157,318 | 16,383,586 | 6,405,197 | 1,404,675 | 230,748,754 | -23,350,000 | -7,550,000 | 9,400,000 | -317,721 | 18,767,721 | 4,350,000 | 29,900,000 | 302,310,000 |
| cash flow from investments | -35,925,431 | -4,369,983 | -29,900,000 | -302,329,967 | |||||||||
| Financing Activities | |||||||||||||
| Bank loans | -185,000,000 | 185,000,000 | |||||||||||
| Group/Directors Accounts | -494,493 | -181,117 | 2,296,701 | -142,610,883 | 143,135,211 | ||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | -14,725,251 | -13,061,275 | -12,388,960 | 113,175,486 | -368,782,934 | 640,528 | 640,528 | 184,071,203 | 352,264 | -320,432 | 183,398,843 | ||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | -8,791,749 | -3,666,372 | 989,037 | 11,469,084 | |||||||||
| share issue | |||||||||||||
| interest | -1,197,074 | -2,051,633 | -2,625,284 | -6,762 | -2,376,666 | -9,240,805 | -9,223,568 | -9,201,836 | -9,217,405 | -9,307,685 | -9,150,236 | -7,309,240 | -7,385,491 |
| cash flow from financing | -16,416,818 | -15,294,025 | -12,717,543 | -29,442,159 | 258,266,525 | -384,079,316 | -8,994,913 | -8,532,333 | 165,405,835 | -7,450,056 | -5,140,651 | 20,989,603 | 311,901,406 |
| cash and cash equivalents | |||||||||||||
| cash | -2,425,128 | -1,802,292 | 681,632 | -3,834,310 | 10,559,720 | -132,759 | -287,548 | -88,193 | 598,628 | -191,846 | 41,324 | -6,534,845 | 12,198,286 |
| overdraft | |||||||||||||
| change in cash | -2,425,128 | -1,802,292 | 681,632 | -3,834,310 | 10,559,720 | -132,759 | -287,548 | -88,193 | 598,628 | -191,846 | 41,324 | -6,534,845 | 12,198,286 |
tesco tlb properties limited Credit Report and Business Information
Tesco Tlb Properties Limited Competitor Analysis
Perform a competitor analysis for tesco tlb properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in AL7 area or any other competitors across 12 key performance metrics.
tesco tlb properties limited Ownership
TESCO TLB PROPERTIES LIMITED group structure
Tesco Tlb Properties Limited has 4 subsidiary companies.
Ultimate parent company
2 parents
TESCO TLB PROPERTIES LIMITED
03159425
4 subsidiaries
tesco tlb properties limited directors
Tesco Tlb Properties Limited currently has 1 director, undefined undefined serving since - .
| officer | country | age | start | end | role |
|---|
P&L
February 2022turnover
13.4m
0%
operating profit
13.9m
+4%
gross margin
17.1%
+13.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2022net assets
161m
-0.01%
total assets
244m
-0.06%
cash
3.2m
-0.43%
net assets
Total assets minus all liabilities
tesco tlb properties limited company details
company number
03159425
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
February 1996
age
29
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
February 2022
previous names
blt properties limited (April 2017)
cablevalid limited (July 1996)
accountant
-
auditor
-
address
tesco house shire park, kestrel way, welwyn garden city, AL7 1GA
Bank
-
Legal Advisor
-
tesco tlb properties 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 found 3 charges/mortgages relating to tesco tlb properties limited. Currently there are 0 open charges and 3 have been satisfied in the past.
tesco tlb properties 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.
Click to start generating capital raising & share issue transactions for TESCO TLB PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.
tesco tlb properties limited Companies House Filings - See Documents
| date | description | view/download |
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