Pomanda estimates the enterprise value of TPAS (UK) LIMITED at £21.8m based on a Turnover of £51.6m and 0.42x industry multiple (adjusted for size and gross margin).
tpas (uk) limitedEstimated Valuation
£10.2m
Pomanda estimates the enterprise value of TPAS (UK) LIMITED at £10.2m based on an EBITDA of £1.6m and a 6.31x industry multiple (adjusted for size and gross margin).
tpas (uk) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TPAS (UK) LIMITED at £0 based on Net Assets of £-2.4m and 2.84x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tpas (uk) LimitedOverview
Tpas (uk) Limited is a live company located in hertfordshire, SG6 2HU with a Companies House number of 03170433. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in March 1996, it's largest shareholder is
kwik-fit (gb) ltd
with a 100% stake. Tpas (uk) Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£51.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Tpas (Uk) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
1 Regular
6 Weak
Size
annual sales of £51.6m, make it larger than the average company (£349.6k)
£51.6m - Tpas (uk) Limited
£349.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a similar rate (12.3%)
14% - Tpas (uk) Limited
12.3% - Industry AVG
Production
with a gross margin of 17.3%, this company has a higher cost of product (36.4%)
17.3% - Tpas (uk) Limited
36.4% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (6.1%)
1.5% - Tpas (uk) Limited
6.1% - Industry AVG
Employees
with 288 employees, this is above the industry average (6)
288 - Tpas (uk) Limited
6 - Industry AVG
Pay Structure
on an average salary of £44.1k, the company has a higher pay structure (£29.6k)
£44.1k - Tpas (uk) Limited
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £179k, this is more efficient (£99.1k)
£179k - Tpas (uk) Limited
£99.1k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (35 days)
2 days - Tpas (uk) Limited
35 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tpas (uk) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 37 days, this is more than average (25 days)
37 days - Tpas (uk) Limited
25 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Tpas (uk) Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106%, this is a higher level of debt than the average (65.6%)
106% - Tpas (uk) Limited
65.6% - Industry AVG
TPAS (UK) LIMITED financials
EXPORT
Tpas (Uk) Limited's latest turnover from March 2024 is £51.6 million and the company has net assets of -£2.4 million. According to their latest financial statements, Tpas (Uk) Limited has 288 employees and maintains cash reserves of £606 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Dec 2010
Dec 2009
Turnover
51,555,000
47,353,000
42,547,000
34,872,000
39,056,000
39,681,000
39,133,000
38,922,000
13,213,000
15,159,000
18,154,000
22,123,000
31,282,000
28,274,000
28,927,000
Other Income Or Grants
Cost Of Sales
42,617,000
44,118,000
38,168,000
33,333,000
33,027,000
37,349,000
37,394,000
36,791,000
13,315,000
14,909,000
17,204,000
20,758,000
29,139,000
25,301,000
27,778,000
Gross Profit
8,938,000
3,235,000
4,379,000
1,539,000
6,029,000
2,332,000
1,739,000
2,131,000
-102,000
250,000
950,000
1,365,000
2,143,000
2,973,000
1,149,000
Admin Expenses
8,191,000
2,632,000
2,403,000
4,475,000
3,778,000
2,408,000
2,681,000
3,375,000
1,305,000
2,408,000
1,869,000
2,297,000
3,321,000
2,384,000
397,000
Operating Profit
747,000
603,000
1,976,000
-2,936,000
2,251,000
-76,000
-942,000
-1,244,000
-1,407,000
-2,158,000
-919,000
-932,000
-1,178,000
589,000
752,000
Interest Payable
38,000
1,000
311,000
376,000
57,000
55,000
131,000
Interest Receivable
25,000
30,000
29,000
29,000
47,000
24,000
Pre-Tax Profit
709,000
602,000
1,976,000
-3,247,000
1,875,000
-76,000
-917,000
-1,214,000
-1,378,000
-2,129,000
-872,000
-908,000
-1,235,000
534,000
621,000
Tax
-268,000
-200,000
-382,000
564,000
-35,000
-28,000
61,000
199,000
220,000
297,000
60,000
336,000
37,000
-328,000
-380,000
Profit After Tax
441,000
402,000
1,594,000
-2,683,000
1,840,000
-104,000
-856,000
-1,015,000
-1,158,000
-1,832,000
-812,000
-572,000
-1,198,000
206,000
241,000
Dividends Paid
Retained Profit
441,000
402,000
1,594,000
-2,683,000
1,840,000
-104,000
-856,000
-1,015,000
-1,158,000
-1,832,000
-812,000
-572,000
-1,198,000
206,000
241,000
Employee Costs
12,701,000
11,128,000
10,467,000
10,109,000
10,277,000
10,383,000
10,059,000
10,287,000
3,973,000
4,089,000
4,459,000
5,090,000
6,685,000
6,059,000
6,450,000
Number Of Employees
288
280
308
313
328
315
327
322
154
153
160
177
257
263
297
EBITDA*
1,613,000
1,223,000
2,660,000
-1,180,000
4,496,000
925,000
123,000
-158,000
-894,000
-1,639,000
-424,000
-580,000
-778,000
901,000
1,056,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Dec 2010
Dec 2009
Tangible Assets
5,028,000
2,504,000
2,445,000
8,675,000
11,850,000
4,520,000
5,228,000
5,768,000
3,464,000
3,589,000
2,927,000
2,689,000
1,591,000
1,765,000
1,714,000
Intangible Assets
657,000
296,000
356,000
659,000
766,000
873,000
1,007,000
1,109,000
Investments & Other
Debtors (Due After 1 year)
229,000
473,000
802,000
598,000
Total Fixed Assets
5,685,000
3,029,000
2,918,000
9,477,000
12,448,000
4,520,000
5,228,000
6,124,000
3,464,000
3,589,000
3,586,000
3,455,000
2,464,000
2,772,000
2,823,000
Stock & work in progress
4,435,000
5,004,000
4,253,000
5,752,000
5,842,000
5,769,000
5,860,000
5,443,000
299,000
1,938,000
2,198,000
2,581,000
2,421,000
2,609,000
2,960,000
Trade Debtors
319,000
441,000
317,000
390,000
503,000
734,000
1,382,000
411,000
Group Debtors
29,649,000
19,031,000
10,591,000
4,868,000
1,497,000
672,000
982,000
940,000
1,272,000
961,000
483,000
7,439,000
444,000
Misc Debtors
151,000
140,000
85,000
212,000
231,000
748,000
770,000
926,000
261,000
381,000
546,000
795,000
843,000
1,265,000
1,593,000
Cash
606,000
235,000
185,000
168,000
49,000
6,000
76,000
1,737,000
1,225,000
716,000
233,000
misc current assets
total current assets
35,160,000
24,851,000
15,431,000
11,390,000
8,122,000
7,929,000
9,070,000
9,457,000
3,057,000
3,996,000
3,460,000
10,815,000
3,708,000
3,874,000
4,553,000
total assets
40,845,000
27,880,000
18,349,000
20,867,000
20,570,000
12,449,000
14,298,000
15,581,000
6,521,000
7,585,000
7,046,000
14,270,000
6,172,000
6,646,000
7,376,000
Bank overdraft
Bank loan
Trade Creditors
10,311,000
1,000
Group/Directors Accounts
41,191,000
29,489,000
20,593,000
13,422,000
9,555,000
11,810,000
13,251,000
13,505,000
6,111,000
6,113,000
3,876,000
1,645,000
922,000
1,858,000
other short term finances
hp & lease commitments
43,000
21,000
1,194,000
1,149,000
other current liabilities
1,058,000
930,000
1,032,000
571,000
2,277,000
2,089,000
2,383,000
2,406,000
258,000
162,000
28,000
5,000
total current liabilities
42,292,000
30,440,000
21,625,000
15,187,000
12,981,000
13,899,000
15,634,000
15,911,000
6,369,000
6,275,000
3,904,000
10,316,000
1,646,000
922,000
1,858,000
loans
hp & lease commitments
629,000
278,000
8,370,000
8,795,000
Accruals and Deferred Income
other liabilities
provisions
357,000
36,000
2,992,000
1,794,000
373,000
383,000
533,000
total long term liabilities
986,000
314,000
11,362,000
10,589,000
373,000
383,000
533,000
total liabilities
43,278,000
30,754,000
21,625,000
26,549,000
23,570,000
14,272,000
16,017,000
16,444,000
6,369,000
6,275,000
3,904,000
10,316,000
1,646,000
922,000
1,858,000
net assets
-2,433,000
-2,874,000
-3,276,000
-5,682,000
-3,000,000
-1,823,000
-1,719,000
-863,000
152,000
1,310,000
3,142,000
3,954,000
4,526,000
5,724,000
5,518,000
total shareholders funds
-2,433,000
-2,874,000
-3,276,000
-5,682,000
-3,000,000
-1,823,000
-1,719,000
-863,000
152,000
1,310,000
3,142,000
3,954,000
4,526,000
5,724,000
5,518,000
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Dec 2010
Dec 2009
Operating Activities
Operating Profit
747,000
603,000
1,976,000
-2,936,000
2,251,000
-76,000
-942,000
-1,244,000
-1,407,000
-2,158,000
-919,000
-932,000
-1,178,000
589,000
752,000
Depreciation
816,000
617,000
684,000
1,756,000
2,245,000
1,001,000
1,065,000
1,086,000
513,000
412,000
388,000
245,000
266,000
210,000
199,000
Amortisation
50,000
3,000
107,000
107,000
107,000
134,000
102,000
105,000
Tax
-268,000
-200,000
-382,000
564,000
-35,000
-28,000
61,000
199,000
220,000
297,000
60,000
336,000
37,000
-328,000
-380,000
Stock
-569,000
751,000
-1,499,000
-90,000
73,000
-91,000
417,000
5,144,000
-1,639,000
-260,000
-383,000
160,000
2,421,000
-351,000
2,960,000
Debtors
10,278,000
8,375,000
5,194,000
3,443,000
675,000
-980,000
857,000
744,000
191,000
313,000
-7,205,000
6,947,000
1,287,000
-328,000
1,593,000
Creditors
-10,311,000
10,310,000
1,000
Accruals and Deferred Income
128,000
-102,000
461,000
-1,706,000
188,000
-294,000
-23,000
2,148,000
96,000
134,000
23,000
5,000
Deferred Taxes & Provisions
321,000
36,000
-2,992,000
1,198,000
1,421,000
-10,000
-150,000
533,000
Cash flow from operations
-7,915,000
-8,169,000
-3,948,000
-4,477,000
5,322,000
1,664,000
-1,263,000
-3,166,000
870,000
-1,261,000
-3,064,000
2,964,000
-4,448,000
1,252,000
-3,877,000
Investing Activities
capital expenditure
-3,751,000
-975,000
5,546,000
1,419,000
-9,575,000
-293,000
-169,000
-3,746,000
-388,000
-522,000
-626,000
-1,343,000
-2,864,000
-261,000
-3,127,000
Change in Investments
cash flow from investments
-3,751,000
-975,000
5,546,000
1,419,000
-9,575,000
-293,000
-169,000
-3,746,000
-388,000
-522,000
-626,000
-1,343,000
-2,864,000
-261,000
-3,127,000
Financing Activities
Bank loans
Group/Directors Accounts
11,702,000
8,896,000
7,171,000
3,867,000
-2,255,000
-1,441,000
-254,000
7,394,000
-2,000
2,237,000
3,876,000
-1,645,000
1,645,000
-936,000
1,858,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
373,000
299,000
-9,564,000
-380,000
9,944,000
other long term liabilities
share issue
812,000
1,000
-3,017,000
5,724,000
5,277,000
interest
-38,000
-1,000
-311,000
-376,000
25,000
30,000
29,000
29,000
47,000
24,000
-57,000
-55,000
-131,000
cash flow from financing
12,037,000
9,194,000
-1,581,000
3,177,000
4,296,000
-1,441,000
-229,000
7,424,000
27,000
2,266,000
3,923,000
-1,621,000
7,312,000
-991,000
7,004,000
cash and cash equivalents
cash
371,000
50,000
17,000
119,000
43,000
-70,000
-1,661,000
512,000
509,000
483,000
233,000
overdraft
change in cash
371,000
50,000
17,000
119,000
43,000
-70,000
-1,661,000
512,000
509,000
483,000
233,000
tpas (uk) 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 tpas (uk) limited. Get real-time insights into tpas (uk) limited's credit score, group structure and payment trends.
Perform a competitor analysis for tpas (uk) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in SG6 area or any other competitors across 12 key performance metrics.
etel house avenue one, letchworth garden city, hertfordshire, SG6 2HU
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-
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tpas (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 found 4 charges/mortgages relating to tpas (uk) limited. Currently there are 0 open charges and 4 have been satisfied in the past.
tpas (uk) 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 TPAS (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.
tpas (uk) limitedCompanies House Filings - See Documents
