tuv rheinland uk limited
tuv rheinland uk limited Company Information
Group Structure
View All
Industry
Technical testing and analysis
Registered Address
friars gate (third floor), 1011 stratford road, solihull, B90 4BN
Website
www.uk.tuv.comtuv rheinland uk limited Estimated Valuation
Pomanda estimates the enterprise value of TUV RHEINLAND UK LIMITED at £9.1m based on a Turnover of £6.8m and 1.34x industry multiple (adjusted for size and gross margin).
tuv rheinland uk limited Estimated Valuation
Pomanda estimates the enterprise value of TUV RHEINLAND UK LIMITED at £0 based on an EBITDA of £-196k and a 8.66x industry multiple (adjusted for size and gross margin).
tuv rheinland uk limited Estimated Valuation
Pomanda estimates the enterprise value of TUV RHEINLAND UK LIMITED at £198m based on Net Assets of £76.6m and 2.58x industry multiple (adjusted for liquidity).
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Tuv Rheinland Uk Limited Overview
Tuv Rheinland Uk Limited is a live company located in solihull, B90 4BN with a Companies House number of 03777795. It operates in the technical testing and analysis sector, SIC Code 71200. Founded in May 1999, it's largest shareholder is tuv international gmbh with a 100% stake. Tuv Rheinland Uk Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.8m with healthy growth in recent years.
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Tuv Rheinland Uk Limited Health Check
Pomanda's financial health check has awarded Tuv Rheinland Uk Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £6.8m, make it larger than the average company (£5.2m)
£6.8m - Tuv Rheinland Uk Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (4.5%)
14% - Tuv Rheinland Uk Limited
4.5% - Industry AVG
Production
with a gross margin of 69.7%, this company has a lower cost of product (44.3%)
69.7% - Tuv Rheinland Uk Limited
44.3% - Industry AVG
Profitability
an operating margin of -7.4% make it less profitable than the average company (4.3%)
-7.4% - Tuv Rheinland Uk Limited
4.3% - Industry AVG
Employees
with 85 employees, this is above the industry average (38)
85 - Tuv Rheinland Uk Limited
38 - Industry AVG
Pay Structure
on an average salary of £73k, the company has a higher pay structure (£45.9k)
£73k - Tuv Rheinland Uk Limited
£45.9k - Industry AVG
Efficiency
resulting in sales per employee of £79.4k, this is less efficient (£106.4k)
£79.4k - Tuv Rheinland Uk Limited
£106.4k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (58 days)
57 days - Tuv Rheinland Uk Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 504 days, this is slower than average (29 days)
504 days - Tuv Rheinland Uk Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tuv Rheinland Uk Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tuv Rheinland Uk Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.4%, this is a lower level of debt than the average (60.4%)
22.4% - Tuv Rheinland Uk Limited
60.4% - Industry AVG
TUV RHEINLAND UK LIMITED financials
Tuv Rheinland Uk Limited's latest turnover from December 2023 is £6.8 million and the company has net assets of £76.6 million. According to their latest financial statements, Tuv Rheinland Uk Limited has 85 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,751,000 | 6,541,000 | 5,830,000 | 4,580,000 | 3,960,000 | 2,843,000 | 2,296,000 | 2,135,000 | 1,991,000 | 1,762,000 | 1,930,000 | 1,758,000 | 1,391,000 | 1,455,000 | 1,115,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 2,044,000 | 2,316,000 | 1,761,000 | 1,170,000 | 1,173,000 | 979,000 | 863,000 | 737,000 | 597,000 | 402,000 | 717,000 | 584,000 | 527,000 | 694,000 | 411,000 |
| Gross Profit | 4,707,000 | 4,225,000 | 4,069,000 | 3,410,000 | 2,787,000 | 1,864,000 | 1,433,000 | 1,398,000 | 1,394,000 | 1,360,000 | 1,213,000 | 1,174,000 | 864,000 | 761,000 | 704,000 |
| Admin Expenses | 5,205,000 | 5,527,000 | 3,709,000 | 3,612,000 | 1,794,000 | -2,001,000 | -5,444,000 | 11,967,000 | 1,436,000 | 2,131,000 | 1,329,000 | 1,018,000 | 963,000 | 682,000 | 594,000 |
| Operating Profit | -498,000 | -1,302,000 | 360,000 | -202,000 | 993,000 | 3,865,000 | 6,877,000 | -10,569,000 | -42,000 | -771,000 | -116,000 | 156,000 | -99,000 | 79,000 | 110,000 |
| Interest Payable | 1,174,000 | 169,000 | 311,000 | 286,000 | 247,000 | 179,000 | 205,000 | 450,000 | 539,000 | 430,000 | 33,000 | 23,000 | 21,000 | 19,000 | 37,000 |
| Interest Receivable | 43,000 | 1,000 | 92,000 | 193,000 | 307,000 | 64,000 | 224,000 | 12,000 | 46,000 | 2,000 | |||||
| Pre-Tax Profit | -1,629,000 | -1,470,000 | -4,859,000 | -295,000 | 1,053,000 | 3,750,000 | 6,904,000 | -11,711,000 | -535,000 | -1,201,000 | -149,000 | 133,000 | -120,000 | 60,000 | 75,000 |
| Tax | -482,000 | 188,000 | -55,000 | 349,000 | |||||||||||
| Profit After Tax | -2,111,000 | -1,282,000 | -4,914,000 | 54,000 | 1,053,000 | 3,750,000 | 6,904,000 | -11,711,000 | -535,000 | -1,201,000 | -149,000 | 133,000 | -120,000 | 60,000 | 75,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -2,111,000 | -1,282,000 | -4,914,000 | 54,000 | 1,053,000 | 3,750,000 | 6,904,000 | -11,711,000 | -535,000 | -1,201,000 | -149,000 | 133,000 | -120,000 | 60,000 | 75,000 |
| Employee Costs | 6,204,000 | 5,540,000 | 3,697,000 | 3,778,000 | 3,578,000 | 3,258,000 | 1,958,000 | 1,259,000 | 1,177,000 | 1,117,000 | 756,000 | 697,000 | 591,000 | 431,000 | 397,000 |
| Number Of Employees | 85 | 67 | 57 | 56 | 55 | 49 | 33 | 21 | 20 | 21 | 13 | 13 | 13 | 11 | 12 |
| EBITDA* | -196,000 | -1,302,000 | 597,000 | 25,000 | 1,079,000 | 3,916,000 | 6,928,000 | -10,532,000 | -16,000 | -763,000 | -109,000 | 160,000 | -98,000 | 79,000 | 6,773,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 278,000 | 253,000 | 44,104,000 | 44,008,000 | 44,133,000 | 42,943,000 | 41,844,000 | 36,712,000 | 44,845,000 | 37,068,000 | 24,000 | 16,000 | 8,000 | 8,000 | |
| Intangible Assets | 781,000 | 792,000 | 969,000 | 342,000 | |||||||||||
| Investments & Other | 95,050,000 | 54,841,000 | 43,904,000 | 43,904,000 | 43,809,000 | 42,667,000 | 41,526,000 | 36,541,000 | 44,689,000 | 37,039,000 | |||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 96,109,000 | 55,886,000 | 45,073,000 | 44,350,000 | 44,133,000 | 42,943,000 | 41,844,000 | 36,712,000 | 44,845,000 | 37,068,000 | 24,000 | 16,000 | 8,000 | 8,000 | |
| Stock & work in progress | 188,000 | 135,000 | 207,000 | 114,000 | 62,000 | 49,000 | 30,000 | 45,000 | 72,000 | ||||||
| Trade Debtors | 1,066,000 | 1,596,000 | 1,395,000 | 919,000 | 849,000 | 662,000 | 469,000 | 340,000 | 274,000 | 387,000 | 469,000 | 467,000 | 461,000 | 374,000 | 250,000 |
| Group Debtors | 637,000 | 891,000 | 4,275,000 | 10,073,000 | 10,317,000 | 8,935,000 | 3,948,000 | 1,506,000 | 780,000 | 250,000 | 181,000 | 169,000 | 113,000 | 41,000 | 47,000 |
| Misc Debtors | 887,000 | 1,813,000 | 771,000 | 935,000 | 224,000 | 175,000 | 59,000 | 69,000 | 69,000 | 30,000 | 46,000 | 30,000 | 25,000 | 23,000 | 16,000 |
| Cash | 123,000 | 959,000 | 103,000 | 508,000 | 594,000 | 2,783,000 | 2,306,000 | 2,445,000 | 182,000 | 161,000 | 59,000 | 114,000 | 208,000 | ||
| misc current assets | |||||||||||||||
| total current assets | 2,590,000 | 4,423,000 | 7,400,000 | 12,030,000 | 11,578,000 | 10,415,000 | 5,277,000 | 4,812,000 | 3,491,000 | 3,161,000 | 908,000 | 872,000 | 730,000 | 552,000 | 521,000 |
| total assets | 98,699,000 | 60,309,000 | 52,473,000 | 56,380,000 | 55,711,000 | 53,358,000 | 47,121,000 | 41,524,000 | 48,336,000 | 40,229,000 | 932,000 | 888,000 | 738,000 | 560,000 | 521,000 |
| Bank overdraft | 368,000 | 300,000 | 293,000 | 167,000 | 449,000 | ||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,825,000 | 2,704,000 | 1,240,000 | 1,103,000 | 52,000 | 20,000 | 101,000 | 84,000 | 139,000 | 72,000 | 87,000 | 53,000 | 1,184,000 | 70,000 | 25,000 |
| Group/Directors Accounts | 797,000 | 642,000 | 529,000 | 377,000 | |||||||||||
| other short term finances | 1,660,000 | 1,462,000 | |||||||||||||
| hp & lease commitments | 189,000 | 141,000 | 188,000 | 108,000 | 109,000 | ||||||||||
| other current liabilities | 104,000 | 31,000 | 136,000 | 207,000 | 14,086,000 | 11,368,000 | 8,732,000 | 7,225,000 | 3,883,000 | 686,000 | 210,000 | 213,000 | 123,000 | 59,000 | |
| total current liabilities | 4,778,000 | 2,876,000 | 1,564,000 | 1,418,000 | 14,615,000 | 11,388,000 | 8,833,000 | 7,309,000 | 5,484,000 | 758,000 | 1,394,000 | 1,201,000 | 1,184,000 | 889,000 | 910,000 |
| loans | 1,564,000 | 426,000 | 138,000 | 51,448,000 | 30,411,000 | ||||||||||
| hp & lease commitments | 596,000 | 660,000 | 782,000 | 213,000 | 69,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 16,684,000 | 23,021,000 | 15,093,000 | 14,801,000 | |||||||||||
| provisions | 2,266,000 | 6,250,000 | 6,386,000 | 26,048,000 | 19,204,000 | ||||||||||
| total long term liabilities | 17,280,000 | 23,681,000 | 15,875,000 | 15,014,000 | 1,202,000 | 3,125,000 | 3,193,000 | 13,024,000 | 25,898,000 | 25,013,000 | |||||
| total liabilities | 22,058,000 | 26,557,000 | 17,439,000 | 16,432,000 | 15,817,000 | 14,513,000 | 12,026,000 | 20,333,000 | 31,382,000 | 25,771,000 | 1,394,000 | 1,201,000 | 1,184,000 | 889,000 | 910,000 |
| net assets | 76,641,000 | 33,752,000 | 35,034,000 | 39,948,000 | 39,894,000 | 38,845,000 | 35,095,000 | 21,191,000 | 16,954,000 | 14,458,000 | -462,000 | -313,000 | -446,000 | -329,000 | -389,000 |
| total shareholders funds | 76,641,000 | 33,752,000 | 35,034,000 | 39,948,000 | 39,894,000 | 38,845,000 | 35,095,000 | 21,191,000 | 16,954,000 | 14,458,000 | -462,000 | -313,000 | -446,000 | -329,000 | -389,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -498,000 | -1,302,000 | 360,000 | -202,000 | 993,000 | 3,865,000 | 6,877,000 | -10,569,000 | -42,000 | -771,000 | -116,000 | 156,000 | -99,000 | 79,000 | 110,000 |
| Depreciation | 97,000 | 237,000 | 227,000 | 86,000 | 51,000 | 51,000 | 37,000 | 26,000 | 8,000 | 7,000 | 4,000 | 1,000 | 6,663,000 | ||
| Amortisation | 205,000 | ||||||||||||||
| Tax | -482,000 | 188,000 | -55,000 | 349,000 | |||||||||||
| Stock | -188,000 | 53,000 | -72,000 | 93,000 | 52,000 | 13,000 | 19,000 | -15,000 | -27,000 | 72,000 | |||||
| Debtors | -1,710,000 | -2,141,000 | -5,486,000 | 537,000 | 1,618,000 | 5,296,000 | 2,561,000 | 792,000 | 456,000 | -29,000 | 30,000 | 67,000 | 161,000 | 125,000 | 313,000 |
| Creditors | 121,000 | 1,464,000 | 137,000 | 1,051,000 | 32,000 | -81,000 | 17,000 | -55,000 | 67,000 | -15,000 | 34,000 | -1,131,000 | 1,114,000 | 45,000 | 25,000 |
| Accruals and Deferred Income | 73,000 | -105,000 | -71,000 | -13,879,000 | 2,718,000 | 2,636,000 | 1,507,000 | 3,342,000 | 3,197,000 | 476,000 | -3,000 | 213,000 | -123,000 | 64,000 | 59,000 |
| Deferred Taxes & Provisions | -2,266,000 | -3,984,000 | -136,000 | -19,662,000 | 26,048,000 | -19,204,000 | 19,204,000 | ||||||||
| Cash flow from operations | 1,226,000 | 6,094,000 | -15,069,000 | -1,826,000 | 1,111,000 | -13,864,000 | 17,959,000 | -16,425,000 | 18,912,000 | -93,000 | -798,000 | 660,000 | 63,000 | 6,544,000 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 40,209,000 | 10,937,000 | 95,000 | 1,142,000 | 1,141,000 | 4,985,000 | -8,148,000 | 7,650,000 | 37,039,000 | ||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -797,000 | 155,000 | 642,000 | -529,000 | 152,000 | 377,000 | |||||||||
| Other Short Term Loans | 1,660,000 | -1,462,000 | 1,462,000 | ||||||||||||
| Long term loans | -1,564,000 | 1,138,000 | 288,000 | 138,000 | -51,448,000 | 21,037,000 | 30,411,000 | ||||||||
| Hire Purchase and Lease Commitments | -16,000 | -169,000 | 649,000 | 143,000 | 178,000 | ||||||||||
| other long term liabilities | -6,337,000 | 7,928,000 | 292,000 | 14,801,000 | |||||||||||
| share issue | |||||||||||||||
| interest | -1,131,000 | -168,000 | -219,000 | -93,000 | 60,000 | -115,000 | 19,000 | -438,000 | -493,000 | -430,000 | -33,000 | -23,000 | -21,000 | -19,000 | -35,000 |
| cash flow from financing | 39,176,000 | 6,027,000 | 1,860,000 | 15,139,000 | 372,000 | -115,000 | 7,019,000 | -37,400,000 | 25,037,000 | 45,305,000 | 122,000 | 619,000 | -547,000 | 133,000 | -122,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -123,000 | -836,000 | 856,000 | 103,000 | -508,000 | -86,000 | -2,189,000 | 477,000 | -139,000 | 2,263,000 | 21,000 | 102,000 | -55,000 | -94,000 | 208,000 |
| overdraft | -368,000 | 368,000 | -300,000 | 7,000 | 293,000 | -167,000 | -282,000 | 449,000 | |||||||
| change in cash | -123,000 | -836,000 | 856,000 | 471,000 | -876,000 | -86,000 | -2,189,000 | 477,000 | -139,000 | 2,563,000 | 14,000 | -191,000 | 112,000 | 188,000 | -241,000 |
tuv rheinland uk limited Credit Report and Business Information
Tuv Rheinland Uk Limited Competitor Analysis
Perform a competitor analysis for tuv rheinland uk limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in B90 area or any other competitors across 12 key performance metrics.
tuv rheinland uk limited Ownership
TUV RHEINLAND UK LIMITED group structure
Tuv Rheinland Uk Limited has 6 subsidiary companies.
Ultimate parent company
TUV INTERNATIONAL GMBH
#0151604
1 parent
TUV RHEINLAND UK LIMITED
03777795
6 subsidiaries
tuv rheinland uk limited directors
Tuv Rheinland Uk Limited currently has 1 director, Mr Gareth Book serving since Nov 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Book | England | 51 years | Nov 2018 | - | Director |
P&L
December 2023turnover
6.8m
+3%
operating profit
-498k
-62%
gross margin
69.8%
+7.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
76.6m
+1.27%
total assets
98.7m
+0.64%
cash
0
-1%
net assets
Total assets minus all liabilities
tuv rheinland uk limited company details
company number
03777795
Type
Private limited with Share Capital
industry
71200 - Technical testing and analysis
incorporation date
May 1999
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
tuv international uk - tuv rheinland (August 2007)
tuv international uk limited (November 1999)
accountant
-
auditor
AZETS AUDIT SERVICES
address
friars gate (third floor), 1011 stratford road, solihull, B90 4BN
Bank
-
Legal Advisor
-
tuv rheinland 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 1 charges/mortgages relating to tuv rheinland uk limited. Currently there are 1 open charges and 0 have been satisfied in the past.
tuv rheinland 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 TUV RHEINLAND UK LIMITED. This can take several minutes, an email will notify you when this has completed.
tuv rheinland uk limited Companies House Filings - See Documents
| date | description | view/download |
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