Pomanda estimates the enterprise value of TEATIME TASTIES LIMITED at £13m based on a Turnover of £16.4m and 0.79x industry multiple (adjusted for size and gross margin).
teatime tasties limitedEstimated Valuation
£7.3m
Pomanda estimates the enterprise value of TEATIME TASTIES LIMITED at £7.3m based on an EBITDA of £891k and a 8.15x industry multiple (adjusted for size and gross margin).
teatime tasties limitedEstimated Valuation
£12.9m
Pomanda estimates the enterprise value of TEATIME TASTIES LIMITED at £12.9m based on Net Assets of £5.1m and 2.54x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Teatime Tasties LimitedOverview
Teatime Tasties Limited is a live company located in north shields, NE29 7XJ with a Companies House number of 04079701. It operates in the wholesale of sugar and chocolate and sugar confectionery sector, SIC Code 46360. Founded in September 2000, it's largest shareholder is
kitwave limited
with a 100% stake. Teatime Tasties Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£16.4m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Teatime Tasties Limited a 4 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 Rating4out of 5
4 Strong
4 Regular
4 Weak
Size
annual sales of £16.4m, make it smaller than the average company (£21.6m)
£16.4m - Teatime Tasties Limited
£21.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (9.1%)
8% - Teatime Tasties Limited
9.1% - Industry AVG
Production
with a gross margin of 33%, this company has a lower cost of product (13.7%)
33% - Teatime Tasties Limited
13.7% - Industry AVG
Profitability
an operating margin of 2.8% make it less profitable than the average company (3.8%)
2.8% - Teatime Tasties Limited
3.8% - Industry AVG
Employees
with 77 employees, this is above the industry average (16)
77 - Teatime Tasties Limited
16 - Industry AVG
Pay Structure
on an average salary of £36.6k, the company has a lower pay structure (£47k)
£36.6k - Teatime Tasties Limited
£47k - Industry AVG
Efficiency
resulting in sales per employee of £213.1k, this is less efficient (£838.9k)
£213.1k - Teatime Tasties Limited
£838.9k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (42 days)
34 days - Teatime Tasties Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (30 days)
25 days - Teatime Tasties Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 43 days, this is in line with average (37 days)
43 days - Teatime Tasties Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 9 weeks, this is average cash available to meet short term requirements (9 weeks)
9 weeks - Teatime Tasties Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.2%, this is a lower level of debt than the average (63.1%)
42.2% - Teatime Tasties Limited
63.1% - Industry AVG
TEATIME TASTIES LIMITED financials
EXPORT
Teatime Tasties Limited's latest turnover from October 2024 is £16.4 million and the company has net assets of £5.1 million. According to their latest financial statements, Teatime Tasties Limited has 77 employees and maintains cash reserves of £553 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
16,411,000
17,374,000
14,827,540
12,925,447
20,537,351
12,141,566
11,558,959
11,731,796
11,217,510
11,129,215
11,322,729
14,285,253
11,482,171
11,006,852
10,617,961
Other Income Or Grants
Cost Of Sales
10,990,000
11,630,000
9,908,840
8,733,136
14,031,226
8,541,356
8,184,559
8,516,299
7,948,086
7,807,535
8,009,876
9,972,396
8,046,601
7,778,593
7,519,423
Gross Profit
5,421,000
5,744,000
4,918,700
4,192,311
6,506,125
3,600,210
3,374,400
3,215,497
3,269,424
3,321,680
3,312,853
4,312,857
3,435,570
3,228,259
3,098,538
Admin Expenses
4,958,000
4,632,000
4,079,453
3,700,109
5,653,097
3,455,359
3,356,513
3,271,765
2,905,213
2,949,918
2,853,850
3,332,965
2,936,988
2,754,080
2,656,009
Operating Profit
463,000
1,112,000
839,247
492,202
853,028
144,851
17,887
-56,268
364,211
371,762
459,003
979,892
498,582
474,179
442,529
Interest Payable
121,000
73,000
66,178
59,588
72,566
28,900
21,222
17,137
17,766
10,027
14,780
25,494
14,950
13,800
19,250
Interest Receivable
1,000
6,419
3,212
298
271
Pre-Tax Profit
343,000
1,039,000
773,069
432,614
780,462
115,951
-3,335
-73,405
346,445
361,735
444,223
960,817
486,844
460,677
423,550
Tax
-85,000
-240,000
-139,641
-59,523
-144,881
-37,674
-82
13,463
-59,723
-76,690
-92,792
-225,955
-108,589
-110,373
-123,930
Profit After Tax
258,000
799,000
633,428
373,091
635,581
78,277
-3,417
-59,942
286,722
285,045
351,431
734,862
378,255
350,304
299,620
Dividends Paid
206,763
211,638
136,164
260,000
Retained Profit
258,000
799,000
633,428
373,091
635,581
78,277
-3,417
-59,942
286,722
285,045
351,431
528,099
166,617
214,140
39,620
Employee Costs
2,818,000
2,853,000
2,485,094
2,289,807
3,435,999
2,049,819
1,983,480
1,963,002
1,745,974
1,729,438
1,667,778
1,965,891
1,725,685
1,614,911
1,495,278
Number Of Employees
77
75
75
72
74
74
71
63
61
60
58
58
60
58
53
EBITDA*
891,000
1,522,000
1,163,605
835,737
1,293,198
438,393
258,119
195,990
596,829
612,622
683,831
1,247,485
689,564
649,152
636,013
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
824,000
630,000
209,326
642,598
709,098
632,963
588,063
631,555
564,982
517,379
443,746
491,244
469,915
397,019
368,983
Intangible Assets
1,042,000
1,280,000
535,930
198,616
198,616
198,616
Investments & Other
20,000
27,000
109,593
111,573
76,382
Debtors (Due After 1 year)
Total Fixed Assets
1,886,000
1,937,000
854,849
952,787
984,096
831,579
588,063
631,555
564,982
517,379
443,746
491,244
469,915
397,019
368,983
Stock & work in progress
1,308,000
1,279,000
1,086,369
786,130
904,729
832,291
761,769
720,763
620,005
531,068
471,071
416,699
444,790
416,710
363,174
Trade Debtors
1,553,000
1,616,000
1,499,481
1,279,230
1,183,869
1,117,682
1,089,147
1,072,319
894,092
811,639
876,479
812,687
630,116
682,293
651,677
Group Debtors
3,186,000
1,794,000
1,959,126
1,632,209
1,548,960
1,626,243
1,733,867
1,730,969
1,891,678
1,306,000
1,100,000
900,000
Misc Debtors
309,000
228,000
245,189
360,535
110,952
188,768
138,928
194,771
89,139
63,107
60,870
75,137
2,913
14,258
15,226
Cash
553,000
613,000
211,109
147,512
421,778
193,144
93,040
135,915
228,311
592,661
472,917
435,949
474,107
408,176
303,905
misc current assets
total current assets
6,909,000
5,530,000
5,001,274
4,205,616
4,170,288
3,958,128
3,816,751
3,854,737
3,723,225
3,304,475
2,981,337
2,640,472
1,551,926
1,521,437
1,333,982
total assets
8,795,000
7,467,000
5,856,123
5,158,403
5,154,384
4,789,707
4,404,814
4,486,292
4,288,207
3,821,854
3,425,083
3,131,716
2,021,841
1,918,456
1,702,965
Bank overdraft
178,000
Bank loan
170,443
335,108
255,539
Trade Creditors
756,000
903,000
951,471
897,656
699,291
876,653
758,774
681,570
723,832
548,666
427,898
492,365
548,962
550,448
484,809
Group/Directors Accounts
1,604,000
88,000
88,164
145,062
96,636
88,164
88,164
88,164
10,000
10,000
other short term finances
269,000
219,408
244,805
407,412
915,990
682,613
763,331
715,222
712,686
465,538
417,183
hp & lease commitments
117,000
126,000
164,436
150,778
87,562
95,058
45,741
29,977
53,412
104,021
139,592
150,210
other current liabilities
154,000
418,000
272,884
319,089
484,953
289,847
235,319
194,083
219,585
455,400
644,599
601,163
291,722
316,509
344,592
total current liabilities
2,900,000
1,713,000
1,696,363
1,606,612
1,839,070
2,258,216
2,030,371
2,107,997
1,914,178
1,716,752
1,578,012
1,574,123
944,705
1,006,549
979,611
loans
21,457
25,451
71,057
hp & lease commitments
807,000
924,000
128,713
154,172
290,786
142,544
63,773
64,208
29,432
78,974
105,499
99,552
Accruals and Deferred Income
other liabilities
provisions
17,795
44,809
77,330
53,973
24,842
10,770
total long term liabilities
807,000
924,000
128,713
154,172
290,786
142,544
63,773
64,208
17,795
44,809
106,762
154,404
155,792
181,379
total liabilities
3,707,000
2,637,000
1,825,076
1,760,784
2,129,856
2,400,760
2,094,144
2,172,205
1,914,178
1,734,547
1,622,821
1,680,885
1,099,109
1,162,341
1,160,990
net assets
5,088,000
4,830,000
4,031,047
3,397,619
3,024,528
2,388,947
2,310,670
2,314,087
2,374,029
2,087,307
1,802,262
1,450,831
922,732
756,115
541,975
total shareholders funds
5,088,000
4,830,000
4,031,047
3,397,619
3,024,528
2,388,947
2,310,670
2,314,087
2,374,029
2,087,307
1,802,262
1,450,831
922,732
756,115
541,975
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
463,000
1,112,000
839,247
492,202
853,028
144,851
17,887
-56,268
364,211
371,762
459,003
979,892
498,582
474,179
442,529
Depreciation
287,000
215,000
324,358
343,535
425,153
293,542
240,232
252,258
232,618
240,860
224,828
267,593
190,982
174,973
152,044
Amortisation
141,000
195,000
15,017
41,440
Tax
-85,000
-240,000
-139,641
-59,523
-144,881
-37,674
-82
13,463
-59,723
-76,690
-92,792
-225,955
-108,589
-110,373
-123,930
Stock
29,000
192,631
300,239
-118,599
72,438
70,522
41,006
100,758
88,937
59,997
54,372
-28,091
28,080
53,536
363,174
Debtors
1,410,000
-65,796
431,822
428,193
-88,912
-29,249
-36,117
123,150
694,163
143,397
249,525
1,154,795
-63,522
29,648
666,903
Creditors
-147,000
-48,471
53,815
198,365
-177,362
117,879
77,204
-42,262
175,166
120,768
-64,467
-56,597
-1,486
65,639
484,809
Accruals and Deferred Income
-264,000
145,116
-46,205
-165,864
195,106
54,528
41,236
-25,502
-235,815
-189,199
43,436
309,441
-24,787
-28,083
344,592
Deferred Taxes & Provisions
-17,795
-27,014
-32,521
23,357
29,131
14,072
10,770
Cash flow from operations
-1,044,000
1,251,810
299,513
499,121
1,182,535
531,853
371,588
-82,219
-324,438
237,093
233,590
171,027
619,275
507,223
322,177
Investing Activities
capital expenditure
-384,000
-1,574,744
-228,400
-277,035
-516,305
-537,058
-196,740
-318,831
-280,221
-314,493
-177,330
-288,922
-176,871
-33,872
-31,418
Change in Investments
-7,000
-82,593
-1,980
35,191
76,382
cash flow from investments
-377,000
-1,492,151
-226,420
-312,226
-592,687
-537,058
-196,740
-318,831
-280,221
-314,493
-177,330
-288,922
-176,871
-33,872
-31,418
Financing Activities
Bank loans
-170,443
-164,665
79,569
255,539
Group/Directors Accounts
1,516,000
-164
-56,898
48,426
8,472
88,164
-10,000
10,000
Other Short Term Loans
269,000
-219,408
-25,397
-162,607
-508,578
233,377
-80,718
48,109
2,536
247,148
48,355
417,183
Long term loans
-21,457
-3,994
-45,606
71,057
Hire Purchase and Lease Commitments
-126,000
756,851
138,977
-287,392
211,458
71,275
48,882
109,949
-29,977
-52,867
-100,151
-62,096
-4,671
249,762
other long term liabilities
share issue
-47
502,355
interest
-120,000
-73,000
-66,178
-59,588
-72,566
-28,900
-21,222
-17,137
-17,766
-10,027
-14,780
-19,075
-11,738
-13,502
-18,979
cash flow from financing
1,539,000
464,232
-9,496
-461,161
-361,214
105,309
-217,723
308,654
240,309
197,144
-19,292
286,500
-77,828
-63,779
804,195
cash and cash equivalents
cash
-60,000
401,891
63,597
-274,266
228,634
100,104
-42,875
-92,396
-364,350
119,744
36,968
-38,158
65,931
104,271
303,905
overdraft
-178,000
178,000
change in cash
118,000
223,891
63,597
-274,266
228,634
100,104
-42,875
-92,396
-364,350
119,744
36,968
-38,158
65,931
104,271
303,905
teatime tasties 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 teatime tasties limited. Get real-time insights into teatime tasties limited's credit score, group structure and payment trends.
Perform a competitor analysis for teatime tasties limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in NE29 area or any other competitors across 12 key performance metrics.
unit s3 narvik way, tyne tunnel trading estate, north shields, tyne and wear, NE29 7XJ
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teatime tasties 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 teatime tasties limited. Currently there are 6 open charges and 4 have been satisfied in the past.
teatime tasties 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.
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teatime tasties limitedCompanies House Filings - See Documents
