tag systems uk limited

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tag systems uk limited Company Information

Share TAG SYSTEMS UK LIMITED
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MatureLargeRapid

Company Number

03215488

Registered Address

32 marathon place, moss side industrial estate, leyland, lancashire, PR26 7QN

Industry

Manufacture of paper stationery

 

Packaging activities

 
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Telephone

01772431888

Next Accounts Due

September 2025

Group Structure

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Directors

Ronald Hart22 Years

Leeroy Pye14 Years

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Shareholders

austria card-plastikkarten gmbh 100%

tag systems uk limited Estimated Valuation

£25.5m

Pomanda estimates the enterprise value of TAG SYSTEMS UK LIMITED at £25.5m based on a Turnover of £30.2m and 0.84x industry multiple (adjusted for size and gross margin).

tag systems uk limited Estimated Valuation

£26m

Pomanda estimates the enterprise value of TAG SYSTEMS UK LIMITED at £26m based on an EBITDA of £4.3m and a 6.04x industry multiple (adjusted for size and gross margin).

tag systems uk limited Estimated Valuation

£10.3m

Pomanda estimates the enterprise value of TAG SYSTEMS UK LIMITED at £10.3m based on Net Assets of £5.4m and 1.89x industry multiple (adjusted for liquidity).

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Tag Systems Uk Limited Overview

Tag Systems Uk Limited is a live company located in leyland, PR26 7QN with a Companies House number of 03215488. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in June 1996, it's largest shareholder is austria card-plastikkarten gmbh with a 100% stake. Tag Systems Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £30.2m with rapid growth in recent years.

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Tag Systems Uk Limited Health Check

Pomanda's financial health check has awarded Tag Systems Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

9 Strong

positive_score

2 Regular

positive_score

1 Weak

size

Size

annual sales of £30.2m, make it larger than the average company (£14.3m)

£30.2m - Tag Systems Uk Limited

£14.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (5.9%)

44% - Tag Systems Uk Limited

5.9% - Industry AVG

production

Production

with a gross margin of 39.1%, this company has a lower cost of product (27.5%)

39.1% - Tag Systems Uk Limited

27.5% - Industry AVG

profitability

Profitability

an operating margin of 12.7% make it more profitable than the average company (4.4%)

12.7% - Tag Systems Uk Limited

4.4% - Industry AVG

employees

Employees

with 130 employees, this is above the industry average (73)

130 - Tag Systems Uk Limited

73 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.7k, the company has an equivalent pay structure (£37.6k)

£35.7k - Tag Systems Uk Limited

£37.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £232.7k, this is more efficient (£195.5k)

£232.7k - Tag Systems Uk Limited

£195.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 29 days, this is earlier than average (58 days)

29 days - Tag Systems Uk Limited

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 35 days, this is quicker than average (40 days)

35 days - Tag Systems Uk Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 15 days, this is less than average (50 days)

15 days - Tag Systems Uk Limited

50 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (8 weeks)

30 weeks - Tag Systems Uk Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.4%, this is a similar level of debt than the average (54.6%)

49.4% - Tag Systems Uk Limited

54.6% - Industry AVG

TAG SYSTEMS UK LIMITED financials

EXPORTms excel logo

Tag Systems Uk Limited's latest turnover from December 2023 is £30.2 million and the company has net assets of £5.4 million. According to their latest financial statements, Tag Systems Uk Limited has 130 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover30,249,73312,281,9349,685,42710,230,63211,691,03313,198,90016,010,99815,271,82220,230,66922,491,91727,075,36534,358,75930,251,93133,033,04532,224,589
Other Income Or Grants000000000000000
Cost Of Sales18,434,2357,483,4025,701,7156,274,7696,884,3266,853,7017,751,2706,569,8468,787,53716,083,84513,225,18518,861,20317,701,91918,885,70317,276,215
Gross Profit11,815,4984,798,5323,983,7123,955,8634,806,7076,345,1998,259,7288,701,97611,443,1326,408,07213,850,18015,497,55612,550,01214,147,34214,948,374
Admin Expenses7,976,3344,123,1333,459,3072,576,5864,026,6726,679,6537,977,6288,409,27710,878,5225,652,00011,869,36213,882,79211,613,10112,820,93312,470,249
Operating Profit3,839,164675,399524,4051,379,277780,035-334,454282,100292,699564,610756,0721,980,8181,614,764936,9111,326,4092,478,125
Interest Payable27,87545,123114,42076,16778,78473,83783,266120,135209,819226,992254,856225,594164,021185,479255,115
Interest Receivable008,46135,610122,810111,038122,156112,080159,590160,400160,575160,113137,1793,29313,184
Pre-Tax Profit3,809,2894,486,7221,068,4461,993,7201,124,061-297,253284,708284,644514,381689,4801,886,5371,549,283910,0691,144,2232,236,194
Tax-987,393-349,086-25,128-50,431-183,01150,16033,89338,11124,783159,355-362,936-457,289-395,152-344,838-660,411
Profit After Tax2,821,8964,137,6361,043,3181,943,289941,050-247,093318,601322,755539,164848,8351,523,6011,091,994514,917799,3851,575,783
Dividends Paid4,820,0005,969,189132,6153,980,223238,900208,900228,400153,367110,40061,90010,80010,80010,80026,80080,800
Retained Profit-1,998,104-1,831,553910,703-2,036,934702,150-455,99390,201169,388428,764786,9351,512,8011,081,194504,117772,5851,494,983
Employee Costs4,640,9084,212,6435,711,5094,792,1874,911,6845,481,1625,666,6565,038,6805,793,1866,221,0146,998,2758,648,4376,890,0028,335,4108,045,855
Number Of Employees130137157163177187173190215246250240256265253
EBITDA*4,302,6391,285,8921,408,5022,344,7511,782,209577,2901,171,0451,237,7341,595,7601,876,5513,176,1492,770,4962,203,7882,544,2183,594,606

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets4,511,9183,966,5184,223,3935,080,7045,954,5515,904,1764,620,5625,310,9245,962,5206,641,1496,775,4146,948,9816,263,6836,984,2636,105,125
Intangible Assets000000000017,4790000
Investments & Other02,0005,0241,0021,002589,0021,0021,0022202222
Debtors (Due After 1 year)0000034,60452,17669,74787,318104,890122,462140,033157,604175,175192,747
Total Fixed Assets4,511,9183,968,5184,228,4175,081,7065,955,5536,527,7824,673,7405,381,6736,049,8406,746,0416,915,3557,089,0166,421,2897,159,4406,297,874
Stock & work in progress787,663823,116602,807982,7491,062,1101,383,3281,229,6271,186,9341,237,8541,240,6931,682,7961,758,7331,867,6002,069,9801,475,211
Trade Debtors2,475,9455,833,4452,930,1833,815,5814,305,0744,450,8094,455,0962,441,8184,565,2254,794,3516,114,4088,648,0218,461,3667,234,4567,494,856
Group Debtors0787,689461,1840075,000000004,206,7553,505,2942,988,4163,491,252
Misc Debtors471,531283,788429,009810,0764,472,2844,139,4563,623,7725,391,7665,601,4895,184,3515,205,146834,595857,267949,588369,478
Cash2,479,8465,192,2383,304,3655,874,1092,634,5811,477,4212,913,5513,073,176759,063882,226824,193431,717135,067229,863261,240
misc current assets000000036,28236,28236,74823,78223,782000
total current assets6,214,98512,920,2767,727,54811,482,51512,474,04911,526,01412,222,04612,129,97612,199,91312,138,36913,850,32515,903,60314,826,59413,472,30313,092,037
total assets10,726,90316,888,79411,955,96516,564,22118,429,60218,053,79616,895,78617,511,64918,249,75318,884,41020,765,68022,992,61921,247,88320,631,74319,389,911
Bank overdraft000000290262,016183,313312,012581,386576,892297,81417,642
Bank loan000000000000000
Trade Creditors 1,801,4701,783,058848,7391,387,5861,757,8512,321,9402,374,1022,613,8592,679,3513,171,9033,988,2355,179,9796,024,1165,354,6684,609,930
Group/Directors Accounts1,0001,289,148007,572810043,729162,284249,359320,952137,005110,285264,879
other short term finances000281,818100,000100,00031,25083,504265,197488,424396,709347,082362,50000
hp & lease commitments162,319249,047457,901712,756731,173542,686266,218460,866490,047689,123658,830752,537564,389774,562909,678
other current liabilities2,289,3745,373,623778,313790,686774,501854,297503,254404,044720,911298,8381,796,0473,703,3913,188,7013,947,0954,457,440
total current liabilities4,254,1638,694,8762,084,9533,172,8463,371,0973,819,0043,174,8533,562,2734,461,2514,993,8857,401,19210,885,32710,853,60310,484,42410,259,569
loans000893,182175,000275,000031,25028,616164,903245,473370,157222,22200
hp & lease commitments267,035194,502203,467727,5971,013,066951,179212,731459,668434,147761,515804,790897,600452,585860,944616,166
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions776,767572,374408,950476,696539,605379,929423,525463,982500,651567,783649,373687,483648,615719,634720,020
total long term liabilities1,043,802766,876612,4172,097,4751,727,6711,606,108636,256954,900963,4141,494,2011,699,6361,955,2401,323,4221,580,5781,336,186
total liabilities5,297,9659,461,7522,697,3705,270,3215,098,7685,425,1123,811,1094,517,1735,424,6656,488,0869,100,82812,840,56712,177,02512,065,00211,595,755
net assets5,428,9387,427,0429,258,59511,293,90013,330,83412,628,68413,084,67712,994,47612,825,08812,396,32411,664,28410,152,0529,070,8588,566,7417,794,156
total shareholders funds5,428,9387,427,0429,258,59511,293,90013,330,83412,628,68413,084,67712,994,47612,825,08812,396,32411,664,28410,152,0529,070,8588,566,7417,794,156
Dec 2023Dec 2022Dec 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit3,839,164675,399524,4051,379,277780,035-334,454282,100292,699564,610756,0721,980,8181,614,764936,9111,326,4092,478,125
Depreciation463,475610,493884,097965,4741,002,174911,744888,945945,0351,031,1501,120,4791,194,0831,155,7321,266,8771,217,8091,116,481
Amortisation00000000001,2480000
Tax-987,393-349,086-25,128-50,431-183,01150,16033,89338,11124,783159,355-362,936-457,289-395,152-344,838-660,411
Stock-35,453220,309-379,942-79,361-321,218153,70142,693-50,920-2,839-442,103-75,937-108,867-202,380594,7691,475,211
Debtors-3,957,4463,084,546-805,281-4,151,70177,489568,825227,713-2,350,701170,440-1,358,424-2,387,388847,8731,633,896-200,69811,548,333
Creditors18,412934,319-538,847-370,265-564,089-52,162-239,757-65,492-492,552-816,332-1,191,744-844,137669,448744,7384,609,930
Accruals and Deferred Income-3,084,2494,595,310-12,37316,185-79,796351,04399,210-316,867422,073-1,497,209-1,907,344514,690-758,394-510,3454,457,440
Deferred Taxes & Provisions204,393163,424-67,746-62,909159,676-43,596-40,457-36,669-67,132-81,590-38,11038,868-71,019-386720,020
Cash flow from operations4,446,7013,325,0041,949,6316,108,3931,358,718160,209753,5283,258,4381,315,3311,441,3022,139,3401,283,622217,1552,039,316-301,959
Investing Activities
capital expenditure00000-1,299,342-170,601400,815-218,168-419,161-308,253-517,868-354,933-517,351-367,191
Change in Investments-2,000-3,0244,0220-588,000588,00001,00002-20002
cash flow from investments2,0003,024-4,0220588,000-1,887,342-170,601399,815-218,168-419,163-308,251-517,868-354,933-517,351-367,193
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-1,288,1481,289,1480-7,5727,491810-43,729-118,555-87,075-71,593183,94726,720-154,594264,879
Other Short Term Loans 00-281,818181,818068,750-52,254-181,693-223,22791,71549,627-15,418362,50000
Long term loans00-893,182718,182-100,000275,000-31,2502,634-136,287-80,570-124,684147,935222,22200
Hire Purchase and Lease Commitments-14,195-217,819-778,985-303,886250,3741,014,916-441,585-3,660-526,444-12,982-186,517633,163-618,532109,6621,525,844
other long term liabilities000000000000000
share issue00-2,946,008000000-54,895-5690006,299,173
interest-27,875-45,123-105,959-40,55744,02637,20138,890-8,055-50,229-66,592-94,281-65,481-26,842-182,186-241,931
cash flow from financing-1,330,2181,026,206-5,005,952547,985201,8911,395,948-486,199-234,503-1,054,742-210,399-428,017884,146-33,932-227,1187,847,965
cash and cash equivalents
cash-2,712,3921,887,873-2,569,7443,239,5281,157,160-1,436,130-159,6252,314,113-123,16358,033392,476296,650-94,796-31,377261,240
overdraft00000-2929-262,01678,703-128,699-269,3744,494279,078280,17217,642
change in cash-2,712,3921,887,873-2,569,7443,239,5281,157,160-1,436,101-159,6542,576,129-201,866186,732661,850292,156-373,874-311,549243,598

tag systems uk limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Tag Systems Uk Limited Competitor Analysis

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Perform a competitor analysis for tag systems uk limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in PR26 area or any other competitors across 12 key performance metrics.

tag systems uk limited Ownership

TAG SYSTEMS UK LIMITED group structure

Tag Systems Uk Limited has 3 subsidiary companies.

Ultimate parent company

AUSTRIA CARD-PLASTIKKARTEN GMBH

#0143938

1 parent

TAG SYSTEMS UK LIMITED

03215488

3 subsidiaries

TAG SYSTEMS UK LIMITED Shareholders

austria card-plastikkarten gmbh 100%

tag systems uk limited directors

Tag Systems Uk Limited currently has 5 directors. The longest serving directors include Mr Ronald Hart (Nov 2001) and Mr Leeroy Pye (Jul 2010).

officercountryagestartendrole
Mr Ronald HartEngland54 years Nov 2001- Director
Mr Leeroy PyeUnited Kingdom46 years Jul 2010- Director
Mr Jon Neeras57 years Dec 2021- Director
Mr Markus KirchmayrEngland44 years Dec 2021- Director
Mr Emmanouil KontosUnited Kingdom52 years Apr 2024- Director

P&L

December 2023

turnover

30.2m

+146%

operating profit

3.8m

+468%

gross margin

39.1%

-0.03%

turnover

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

Balance Sheet

December 2023

net assets

5.4m

-0.27%

total assets

10.7m

-0.36%

cash

2.5m

-0.52%

net assets

Total assets minus all liabilities

tag systems uk limited company details

company number

03215488

Type

Private limited with Share Capital

industry

22290 - Manufacture of other plastic products

17230 - Manufacture of paper stationery

82920 - Packaging activities

incorporation date

June 1996

age

28

incorporated

UK

ultimate parent company

AUSTRIA CARD-PLASTIKKARTEN GMBH

accounts

Full Accounts

last accounts submitted

December 2023

previous names

nitecrest limited (October 2022)

first class response ltd. (October 2002)

accountant

-

auditor

RODL & PARTNER LIMITED

address

32 marathon place, moss side industrial estate, leyland, lancashire, PR26 7QN

Bank

BANK OF SCOTLAND, BANK OF SCOTLAND

Legal Advisor

-

tag systems 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 10 charges/mortgages relating to tag systems uk limited. Currently there are 1 open charges and 9 have been satisfied in the past.

charges

tag systems uk limited Companies House Filings - See Documents

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