t i a (gb) limited

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t i a (gb) limited Company Information

Share T I A (GB) LIMITED

Company Number

03873873

Directors

Peter Smith

Matthew Smith

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Shareholders

peter smith

hong pei

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Group Structure

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Industry

Wholesale trade of motor vehicle parts and accessories

 

Registered Address

units c & d halesfield 14, telford, shropshire, TF7 4QR

t i a (gb) limited Estimated Valuation

£65.3m

Pomanda estimates the enterprise value of T I A (GB) LIMITED at £65.3m based on a Turnover of £167.1m and 0.39x industry multiple (adjusted for size and gross margin).

t i a (gb) limited Estimated Valuation

£38.6m

Pomanda estimates the enterprise value of T I A (GB) LIMITED at £38.6m based on an EBITDA of £7.6m and a 5.1x industry multiple (adjusted for size and gross margin).

t i a (gb) limited Estimated Valuation

£78.7m

Pomanda estimates the enterprise value of T I A (GB) LIMITED at £78.7m based on Net Assets of £33.1m and 2.38x industry multiple (adjusted for liquidity).

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T I A (gb) Limited Overview

T I A (gb) Limited is a live company located in shropshire, TF7 4QR with a Companies House number of 03873873. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in November 1999, it's largest shareholder is peter smith with a 70% stake. T I A (gb) Limited is a mature, mega sized company, Pomanda has estimated its turnover at £167.1m with high growth in recent years.

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T I A (gb) Limited Health Check

Pomanda's financial health check has awarded T I A (Gb) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £167.1m, make it larger than the average company (£17.7m)

£167.1m - T I A (gb) Limited

£17.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (11.1%)

16% - T I A (gb) Limited

11.1% - Industry AVG

production

Production

with a gross margin of 8.9%, this company has a higher cost of product (26.7%)

8.9% - T I A (gb) Limited

26.7% - Industry AVG

profitability

Profitability

an operating margin of 4.4% make it less profitable than the average company (5.6%)

4.4% - T I A (gb) Limited

5.6% - Industry AVG

employees

Employees

with 85 employees, this is above the industry average (52)

85 - T I A (gb) Limited

52 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.2k, the company has an equivalent pay structure (£38.2k)

£42.2k - T I A (gb) Limited

£38.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2m, this is more efficient (£313.7k)

£2m - T I A (gb) Limited

£313.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 64 days, this is later than average (51 days)

64 days - T I A (gb) Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 44 days, this is close to average (45 days)

44 days - T I A (gb) Limited

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 51 days, this is less than average (96 days)

51 days - T I A (gb) Limited

96 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (9 weeks)

7 weeks - T I A (gb) Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44.3%, this is a lower level of debt than the average (51.8%)

44.3% - T I A (gb) Limited

51.8% - Industry AVG

T I A (GB) LIMITED financials

EXPORTms excel logo

T I A (Gb) Limited's latest turnover from March 2024 is £167.1 million and the company has net assets of £33.1 million. According to their latest financial statements, T I A (Gb) Limited has 85 employees and maintains cash reserves of £3.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover167,070,701163,899,157159,027,907107,897,75692,885,55096,459,14296,430,02278,020,23476,428,98087,379,91187,759,41975,987,60072,630,03242,275,46527,451,651
Other Income Or Grants
Cost Of Sales152,267,157145,799,956141,612,86797,717,98685,510,08788,162,16088,948,68171,695,25569,837,07180,747,38281,380,07470,766,84966,600,22838,303,68524,616,568
Gross Profit14,803,54418,099,20117,415,04010,179,7707,375,4638,296,9827,481,3416,324,9796,591,9096,632,5296,379,3455,220,7516,029,8043,971,7802,835,083
Admin Expenses7,455,3038,349,4317,521,4366,239,0025,291,2436,400,6625,067,1265,253,5554,932,2695,434,2516,097,0574,923,2183,803,5542,216,1471,811,461
Operating Profit7,348,2419,749,7709,893,6043,940,7682,084,2201,896,3202,414,2151,071,4241,659,6401,198,278282,288297,5332,226,2501,755,6331,023,622
Interest Payable558,239767,682541,500206,232296,076278,780271,495205,511288,983357,724417,404176,740286,763117,46635,907
Interest Receivable39,9011894,858106,0512,84236,7168,87737,08735,00024,0685,343
Pre-Tax Profit6,829,1968,981,7839,341,2573,692,8791,882,0322,113,3882,272,639976,115-307,895855,612157,347120,7931,944,8301,638,167987,715
Tax-1,643,686-2,065,159-1,875,509-988,079-294,875-425,246-485,441-260,865-379,163-192,343-62,3916,688-459,130-468,302-281,591
Profit After Tax5,185,5106,916,6247,465,7482,704,8001,587,1571,688,1421,787,198715,250-687,058663,26994,956127,4811,485,7001,169,865706,124
Dividends Paid100,000100,000100,000
Retained Profit5,104,8556,792,2167,213,7072,687,9461,587,6601,714,0891,203,187722,672-654,100759,594211,124241,2401,434,3561,069,865606,124
Employee Costs3,586,5543,629,1423,248,9451,991,1151,664,5491,742,7531,575,4101,574,3571,912,3662,298,9862,292,9201,801,9611,221,598577,475394,192
Number Of Employees856364595662524859797064392520
EBITDA*7,579,8819,959,46810,066,3684,163,6352,314,1742,468,9733,024,7191,334,9761,894,6301,433,268527,204555,2522,328,7221,823,9231,082,296

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets5,258,5895,283,5305,344,7875,193,3143,164,3302,678,9972,985,6972,944,8132,753,6212,853,0032,997,3843,055,0392,892,8202,077,596823,510
Intangible Assets140,946505,968567,157354,632
Investments & Other1,3312,0372,34212,3788,216,9848,029,9627,594,0768,013,0417,876,8619,673,7198,497,336159,28745,528
Debtors (Due After 1 year)2,750
Total Fixed Assets5,259,9205,285,5675,347,1295,208,44211,381,31410,708,95910,720,71911,463,82211,197,63912,881,35411,494,7203,214,3262,938,3482,077,596823,510
Stock & work in progress21,411,66219,166,04915,414,66113,671,38711,926,67711,101,5549,634,0169,233,7596,287,9907,726,9057,233,8789,354,9778,619,9895,636,8104,120,316
Trade Debtors29,509,79024,662,39828,673,74920,072,17014,876,27613,476,64213,952,83411,844,6319,813,8989,414,1079,766,82811,867,3119,193,2726,885,0594,363,457
Group Debtors60606010,05981,87181,87156,427494
Misc Debtors516,2381,581,9631,746,039572,963817,396634,3501,148,3511,287,4731,023,1321,092,9051,237,699738,641140,239111,270148,360
Cash3,798,5793,333,0731,418,4781,983,4521,874,5071,421,6471,408,879787,6961,360,0374,704,471401,1732,044,641549,8931,741,710729,890
misc current assets
total current assets55,236,26948,743,48347,252,98736,299,97229,494,91626,634,25326,154,13923,235,43018,566,92822,994,81518,639,57824,005,57018,503,88714,374,8499,362,023
total assets60,496,18954,029,05052,600,11641,508,41440,876,23037,343,21236,874,85834,699,25229,764,56735,876,16930,134,29827,219,89621,442,23516,452,44510,185,533
Bank overdraft123,1681,70312,461636646,1792,690,087565,4601,272,8541,107,086
Bank loan54,80573,33473,33473,333144,306144,306144,306100,32032,490
Trade Creditors 18,616,54825,371,27021,454,32626,420,54512,543,3628,139,8859,048,90011,062,3879,429,82911,360,3586,585,1746,796,7466,298,9144,226,8523,650,001
Group/Directors Accounts10,00010,00010,00010,00010,000118,68327,383
other short term finances1,341,4261,187,3121,147,8281,154,3821,206,0871,438,534114,6882,571,5735,003,5673,430,825
hp & lease commitments2,68311,0068,8176,1358,65921,22614,3689,98915,39212,148
other current liabilities6,557,9407,385,49514,941,66217,894,15717,603,83115,151,77314,276,9188,177,3574,530,3847,490,6337,601,4695,702,0952,529,994
total current liabilities26,639,08225,371,27030,083,64126,420,54528,706,18627,264,44127,953,15727,828,27823,981,87622,272,88916,796,53020,422,65914,475,83211,436,1967,359,102
loans803,186876,657893,935941,287987,931385,892544,894696,6311,053,7301,819,1312,244,2721,720,291525,980
hp & lease commitments6,9489,63116,65610,70816,8439,59325,51410,6537,78112,743
Accruals and Deferred Income
other liabilities7,239,3977,062,857
provisions171,921156,805130,23792,609109,82651,752624,66786,06059,00073,00051,39058,17376,14250,34320,161
total long term liabilities171,921156,805933,423969,2661,003,761999,9871,622,229488,608614,6028,025,8718,177,5701,902,8182,331,0671,778,415558,884
total liabilities26,811,00325,528,07531,017,06427,389,81129,709,94728,264,42829,575,38628,316,88624,596,47830,298,76024,974,10022,325,47716,806,89913,214,6117,917,986
net assets33,120,10828,016,55221,223,03714,010,62911,166,2839,078,7847,295,3216,382,3665,168,0895,577,4095,160,1984,894,4194,635,3363,237,8342,267,547
total shareholders funds33,120,10828,016,55221,223,03714,010,62911,166,2839,078,7847,295,3216,382,3665,168,0895,577,4095,160,1984,894,4194,635,3363,237,8342,267,547
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit7,348,2419,749,7709,893,6043,940,7682,084,2201,896,3202,414,2151,071,4241,659,6401,198,278282,288297,5332,226,2501,755,6331,023,622
Depreciation231,640209,698172,764222,867228,585431,707200,080202,363190,263190,263244,916257,719102,47268,29058,674
Amortisation1,369140,946410,42461,18944,72744,727
Tax-1,643,686-2,065,159-1,875,509-988,079-294,875-425,246-485,441-260,865-379,163-192,343-62,3916,688-459,130-468,302-281,591
Stock2,245,6133,751,3881,743,2741,744,710825,1231,467,538400,2572,945,769-1,438,915493,027-2,121,099734,9882,983,1791,516,4944,120,316
Debtors3,781,667-4,175,4879,771,9654,954,1511,582,680-1,000,1921,897,2692,295,074355,462-441,088-1,601,4253,271,9472,337,6762,484,5124,511,817
Creditors-6,754,7223,916,944-4,966,21913,877,1834,403,477-909,015-2,013,4871,632,558-1,930,5294,775,184-211,572497,8322,072,062576,8513,650,001
Accruals and Deferred Income6,557,940-7,385,4957,385,495-14,941,662-2,952,495290,3262,452,058874,8556,099,5613,646,973-2,960,249-110,8361,899,3743,172,1012,529,994
Deferred Taxes & Provisions15,11626,56837,628-17,21758,074-572,915538,60727,060-14,00021,610-6,783-17,96925,79930,18220,161
Cash flow from operations-272,7514,876,425-867,476-4,605,0011,120,552384,7771,218,930-1,632,2596,753,9529,632,7531,008,733-3,075,968545,9721,133,749-1,631,272
Investing Activities
capital expenditure-129,154-195,736-171,959-1,468,050-7,857,846-416,113-909,280-1,317,476-163,714
Change in Investments-706-305-10,036-8,204,606187,022435,886-418,965136,180-1,796,8581,176,3838,338,049113,75945,528
cash flow from investments70630510,0368,204,606-187,022-435,886289,811-331,9161,624,899-2,644,433-16,195,895-529,872-954,808-1,317,476-163,714
Financing Activities
Bank loans-54,80554,805-73,3341-70,973144,306-100,32067,83032,490
Group/Directors Accounts-10,00010,000-118,68391,30027,383
Other Short Term Loans 1,341,426-1,187,3121,187,312-1,147,828-6,554-51,705-232,4471,323,846-2,456,885-2,431,9941,572,7423,430,825
Long term loans-803,186-73,471-17,278-47,352-46,644602,039-159,002-151,737-357,099-765,401-425,141523,9811,194,311525,980
Hire Purchase and Lease Commitments-9,631-11,006-4,8368,630-8,659-5,317-9,06319,240-2,531-1,71824,891
other long term liabilities-7,239,397176,5407,062,857
share issue-1,2991,299-1,299156,400499,83969,374-290,232491,605244,780-342,38354,65517,843-36,854-99,5781,661,423
interest-518,338-767,682-541,311-201,374-190,025-275,938-234,779-196,634-251,896-322,724-393,336-176,740-281,420-117,466-35,907
cash flow from financing821,789-2,811,686626,036-1,283,414246,277-325,918-231,2281,468,445-9,863,794-3,138,6717,532,4542,866,027-15,8271,134,6792,236,260
cash and cash equivalents
cash465,5061,914,595-564,974108,945452,86012,768621,183-572,341-3,344,4344,303,298-1,643,4681,494,748-1,191,8171,011,820729,890
overdraft123,168-1,7031,703-12,46112,461-636-645,543-2,043,9082,124,627-707,394165,7681,107,086
change in cash342,3381,916,298-566,677108,945452,86012,768633,644-584,802-3,343,7984,948,841400,440-629,879-484,423846,052-377,196

t i a (gb) 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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T I A (gb) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for t i a (gb) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in TF7 area or any other competitors across 12 key performance metrics.

t i a (gb) limited Ownership

T I A (GB) LIMITED Shareholders

peter smith 70%
hong pei 10%
timothy m.s. davis 10%
matthew smith 10%

t i a (gb) limited directors

T I A (Gb) Limited currently has 3 directors. The longest serving directors include Mr Peter Smith (Oct 2009) and Mr Matthew Smith (Oct 2009).

officercountryagestartendrole
Mr Peter SmithUnited Kingdom79 years Oct 2009- Director
Mr Matthew Smith53 years Oct 2009- Director
Ms Hong Pei56 years Jan 2011- Director

P&L

March 2024

turnover

167.1m

+2%

operating profit

7.3m

-25%

gross margin

8.9%

-19.76%

turnover

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

Balance Sheet

March 2024

net assets

33.1m

+0.18%

total assets

60.5m

+0.12%

cash

3.8m

+0.14%

net assets

Total assets minus all liabilities

t i a (gb) limited company details

company number

03873873

Type

Private limited with Share Capital

industry

45310 - Wholesale trade of motor vehicle parts and accessories

incorporation date

November 1999

age

26

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

CK AUDIT

address

units c & d halesfield 14, telford, shropshire, TF7 4QR

Bank

-

Legal Advisor

-

t i a (gb) 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 13 charges/mortgages relating to t i a (gb) limited. Currently there are 2 open charges and 11 have been satisfied in the past.

t i a (gb) 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 T I A (GB) LIMITED. This can take several minutes, an email will notify you when this has completed.

t i a (gb) limited Companies House Filings - See Documents

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