Pomanda estimates the enterprise value of TECH-EN LTD at £108.4k based on a Turnover of £217k and 0.5x industry multiple (adjusted for size and gross margin).
tech-en ltdEstimated Valuation
£144.1k
Pomanda estimates the enterprise value of TECH-EN LTD at £144.1k based on an EBITDA of £40.3k and a 3.57x industry multiple (adjusted for size and gross margin).
tech-en ltdEstimated Valuation
£18.9m
Pomanda estimates the enterprise value of TECH-EN LTD at £18.9m based on Net Assets of £8m and 2.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tech-en LtdOverview
Tech-en Ltd is a live company located in london, E4 7BT with a Companies House number of 03888828. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 1999, it's largest shareholder is
gary kilbey
with a 63% stake. Tech-en Ltd is a mature,
micro sized company, Pomanda has estimated its turnover at
£217k with
declining
growth in recent years.
Pomanda's financial health check has awarded Tech-En Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £217k, make it smaller than the average company (£4.8m)
£217k - Tech-en Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.6%)
-3% - Tech-en Ltd
6.6% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
38.2% - Tech-en Ltd
38.2% - Industry AVG
Profitability
an operating margin of 6.6% make it as profitable than the average company (5.7%)
6.6% - Tech-en Ltd
5.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (27)
3 - Tech-en Ltd
27 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
£54k - Tech-en Ltd
£54k - Industry AVG
Efficiency
resulting in sales per employee of £72.3k, this is less efficient (£170.9k)
£72.3k - Tech-en Ltd
£170.9k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (41 days)
5 days - Tech-en Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (32 days)
63 days - Tech-en Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tech-en Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1028 weeks, this is more cash available to meet short term requirements (22 weeks)
1028 weeks - Tech-en Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.1%, this is a lower level of debt than the average (62.6%)
1.1% - Tech-en Ltd
62.6% - Industry AVG
TECH-EN LTD financials
EXPORT
Tech-En Ltd's latest turnover from December 2023 is estimated at £217 thousand and the company has net assets of £8 million. According to their latest financial statements, Tech-En Ltd has 3 employees and maintains cash reserves of £1.8 million 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
217,006
225,601
286,733
240,207
302,054
362,486
356,903
396,749
1,239,492
2,766,696
2,122,821
5,856,473
9,229,681
3,786,674
Other Income Or Grants
Cost Of Sales
134,164
139,365
179,898
150,941
188,501
227,518
223,299
246,385
788,754
1,789,667
1,384,154
3,753,989
5,783,985
2,315,602
Gross Profit
82,841
86,236
106,835
89,266
113,553
134,968
133,604
150,364
450,739
977,029
738,667
2,102,484
3,445,696
1,471,073
Admin Expenses
68,422
-819,342
497,719
-4,076,669
171,684
-383,742
1,450,378
2,123,753
-3,575,852
-150,695
-104,902
1,052,503
3,128,718
654,293
-693,446
Operating Profit
14,419
905,578
-390,884
4,165,935
-58,131
518,710
-1,316,774
-1,973,389
4,026,591
1,127,724
843,569
1,049,981
316,978
816,780
693,446
Interest Payable
119,990
118,270
15,836
7,393
9,612
38,300
36,881
4,450
Interest Receivable
188,311
185,544
11,680
2,750
8,232
3,414
6,693
4,914
8,485
9,574
7,214
2,869
580
569
18
Pre-Tax Profit
82,740
972,851
-395,040
4,161,291
-59,511
483,825
-1,346,962
-1,972,925
4,035,076
1,137,299
850,783
1,052,850
317,558
817,349
693,464
Tax
-20,685
-184,842
-790,645
-91,927
-807,015
-238,833
-195,680
-252,684
-82,565
-228,858
-194,170
Profit After Tax
62,055
788,009
-395,040
3,370,646
-59,511
391,898
-1,346,962
-1,972,925
3,228,061
898,466
655,103
800,166
234,993
588,491
499,294
Dividends Paid
Retained Profit
62,055
788,009
-395,040
3,370,646
-59,511
391,898
-1,346,962
-1,972,925
3,228,061
898,466
655,103
800,166
234,993
588,491
499,294
Employee Costs
162,014
205,265
195,041
185,506
183,880
177,032
167,868
168,275
374,745
789,569
617,043
1,603,395
2,573,454
1,077,307
Number Of Employees
3
4
4
4
4
4
4
4
9
19
15
40
65
28
EBITDA*
40,312
931,756
-364,940
4,171,461
-52,897
523,653
-1,311,707
-1,972,729
4,027,471
1,128,897
844,456
1,051,162
318,071
817,873
694,718
* 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
50,677
76,570
374,822
358,776
362,474
606,174
596,015
1,980
2,640
3,520
2,658
3,545
3,278
4,371
5,090
Intangible Assets
Investments & Other
2,345,025
200,025
25
192,700
295,064
410,086
956,301
597,551
2,500,054
2,500,004
2,500,004
2,500,004
2,500,003
2,500,003
1
Debtors (Due After 1 year)
Total Fixed Assets
2,395,702
276,595
374,847
551,476
657,538
1,016,260
1,552,316
599,531
2,502,694
2,503,524
2,502,662
2,503,549
2,503,281
2,504,374
5,091
Stock & work in progress
207,423
1,438,181
1,005,134
1,013,967
553,192
3,339
Trade Debtors
3,400
3,400
9,019
6,841
26,494
41,621
46,578
33,054
7,372
288,641
1,143,972
1,697,210
701,998
907,284
Group Debtors
97,042
450,000
1,469,000
Misc Debtors
3,524,403
3,925,430
2,088,911
3,009,915
2,533,513
3,094,604
2,178,585
2,139,267
2,149,950
508,013
214,864
58,868
Cash
1,760,038
5,413,707
5,188,782
4,155,042
1,344,910
850,382
60,006
2,617,132
1,313,774
2,080,210
1,749,540
1,135,925
11,727
220,373
7,190
misc current assets
310,856
169,118
183,597
total current assets
5,695,739
9,792,537
7,286,712
7,171,798
3,904,917
3,986,607
3,754,169
4,996,876
4,909,277
3,881,998
2,932,625
2,463,494
1,923,801
1,534,431
917,813
total assets
8,091,441
10,069,132
7,661,559
7,723,274
4,562,455
5,002,867
5,306,485
5,596,407
7,411,971
6,385,522
5,435,287
4,967,043
4,427,082
4,038,805
922,904
Bank overdraft
100,000
Bank loan
Trade Creditors
23,260
6,956
39,512
18,048
13,858
23,275
15,971
8,185
5,854
245,528
65,860
83,629
343,802
190,455
153,610
Group/Directors Accounts
6,131
45,829
14,350
273,381
560,336
417,679
109,522
other short term finances
50,000
2,083,154
406,751
142,400
142,400
992,400
142,400
hp & lease commitments
3,030
4,238
3,871
3,503
3,135
other current liabilities
9,616
28,043
7,340
32,520
41,061
126,468
17,892
144,961
237,440
total current liabilities
89,007
2,118,153
502,462
169,156
474,571
855,982
1,447,077
405,068
243,294
245,528
65,860
83,629
343,802
190,455
153,610
loans
hp & lease commitments
3,030
7,267
11,138
15,031
Accruals and Deferred Income
other liabilities
provisions
10,600
6,727
3,678
4,381
421
609
408
498
530
593
total long term liabilities
10,600
6,727
6,708
11,648
11,138
15,031
421
609
408
498
530
593
total liabilities
89,007
2,128,753
509,189
175,864
486,219
867,120
1,462,108
405,068
243,715
246,137
66,268
84,127
344,332
191,048
153,610
net assets
8,002,434
7,940,379
7,152,370
7,547,410
4,076,236
4,135,747
3,844,377
5,191,339
7,168,256
6,139,385
5,369,019
4,882,916
4,082,750
3,847,757
769,294
total shareholders funds
8,002,434
7,940,379
7,152,370
7,547,410
4,076,236
4,135,747
3,844,377
5,191,339
7,168,256
6,139,385
5,369,019
4,882,916
4,082,750
3,847,757
769,294
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
14,419
905,578
-390,884
4,165,935
-58,131
518,710
-1,316,774
-1,973,389
4,026,591
1,127,724
843,569
1,049,981
316,978
816,780
693,446
Depreciation
25,893
26,178
25,944
5,526
5,234
4,943
5,067
660
880
1,173
887
1,181
1,093
1,093
1,272
Amortisation
Tax
-20,685
-184,842
-790,645
-91,927
-807,015
-238,833
-195,680
-252,684
-82,565
-228,858
-194,170
Stock
-207,423
-1,230,758
433,047
-8,833
1,013,967
-553,192
549,853
3,339
Debtors
-753,985
2,280,900
-918,826
456,749
-576,218
-557,938
1,521,842
14,999
1,360,668
796,654
-1,143,972
-768,102
1,151,208
-146,418
907,284
Creditors
16,304
-32,556
21,464
4,190
-9,417
7,304
7,786
2,331
-239,674
179,668
-17,769
-260,173
153,347
36,845
153,610
Accruals and Deferred Income
-18,427
20,703
-25,180
-8,541
-85,407
108,576
-127,069
-92,479
237,440
Deferred Taxes & Provisions
-10,600
3,873
3,049
-703
4,381
-421
-188
201
-90
-32
-63
593
Cash flow from operations
760,889
-1,541,966
553,219
2,919,013
432,878
1,105,544
-2,745,409
-847,539
1,424,319
282,112
760,922
1,306,375
-209,226
223,018
-256,465
Investing Activities
capital expenditure
272,074
-41,990
-1,828
238,466
-15,102
-599,102
-2,035
-1,448
-374
-6,362
Change in Investments
2,145,000
200,000
-192,675
-102,364
-115,022
-546,215
358,750
-1,902,503
50
1
2,500,002
1
cash flow from investments
-2,145,000
72,074
150,685
100,536
353,488
531,113
-957,852
1,902,503
-50
-2,035
-1,449
-2,500,376
-6,363
Financing Activities
Bank loans
Group/Directors Accounts
6,131
-45,829
31,479
-259,031
-286,955
142,657
308,157
109,522
Other Short Term Loans
-2,033,154
1,676,403
406,751
-142,400
-850,000
850,000
142,400
Long term loans
Hire Purchase and Lease Commitments
-3,030
-4,238
-3,870
-3,503
-3,525
18,166
other long term liabilities
share issue
100,528
-100,528
-3,992
-2,199,190
-128,100
-169,000
2,489,972
270,000
interest
68,321
67,274
-4,156
-4,643
-1,380
-34,886
-30,188
464
8,485
9,574
7,214
2,869
580
569
18
cash flow from financing
-1,958,702
1,694,818
429,836
-309,416
-291,838
-846,282
1,146,135
248,394
-2,190,705
-118,526
-161,786
2,869
580
2,490,541
270,018
cash and cash equivalents
cash
-3,653,669
224,925
1,033,740
2,810,132
494,528
790,376
-2,557,126
1,303,358
-766,436
330,670
613,615
1,124,198
-208,646
213,183
7,190
overdraft
-100,000
100,000
change in cash
-3,653,669
224,925
1,133,740
2,710,132
494,528
790,376
-2,557,126
1,303,358
-766,436
330,670
613,615
1,124,198
-208,646
213,183
7,190
tech-en ltd 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 tech-en ltd. Get real-time insights into tech-en ltd's credit score, group structure and payment trends.
Perform a competitor analysis for tech-en ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in E 4 area or any other competitors across 12 key performance metrics.
82990 - Other business support service activities n.e.c.
incorporation date
December 1999
age
26
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
BAILEY WATTS LIMITED
auditor
-
address
28 queens grove road, chingford, london, E4 7BT
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
tech-en ltd 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 did not find charges/mortgages relating to tech-en ltd.
tech-en ltd 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 TECH-EN LTD. This can take several minutes, an email will notify you when this has completed.
tech-en ltdCompanies House Filings - See Documents
