tg realisations 2023 limited
tg realisations 2023 limited Company Information
Company Number
04308218
Next Accounts
539 days late
Shareholders
stiled ltd
Group Structure
View All
Industry
Retail sale of hardware, paints and glass in specialised stores
Registered Address
c/o interpath ltd, 4th floor, ta, thirsk row, leeds, LS1 4DP
Website
www.tilegiant.co.uktg realisations 2023 limited Estimated Valuation
Pomanda estimates the enterprise value of TG REALISATIONS 2023 LIMITED at £56.1m based on a Turnover of £46.2m and 1.21x industry multiple (adjusted for size and gross margin).
tg realisations 2023 limited Estimated Valuation
Pomanda estimates the enterprise value of TG REALISATIONS 2023 LIMITED at £14.5m based on an EBITDA of £1.4m and a 10.5x industry multiple (adjusted for size and gross margin).
tg realisations 2023 limited Estimated Valuation
Pomanda estimates the enterprise value of TG REALISATIONS 2023 LIMITED at £2.8m based on Net Assets of £1.3m and 2.25x industry multiple (adjusted for liquidity).
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Tg Realisations 2023 Limited Overview
Tg Realisations 2023 Limited is a live company located in leeds, LS1 4DP with a Companies House number of 04308218. It operates in the retail sale of hardware, paints and glass in specialised stores sector, SIC Code 47520. Founded in October 2001, it's largest shareholder is stiled ltd with a 100% stake. Tg Realisations 2023 Limited is a mature, large sized company, Pomanda has estimated its turnover at £46.2m with declining growth in recent years.
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Tg Realisations 2023 Limited Health Check
Pomanda's financial health check has awarded Tg Realisations 2023 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £46.2m, make it larger than the average company (£14.8m)
£46.2m - Tg Realisations 2023 Limited
£14.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (2%)
-3% - Tg Realisations 2023 Limited
2% - Industry AVG
Production
with a gross margin of 49.9%, this company has a lower cost of product (35%)
49.9% - Tg Realisations 2023 Limited
35% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (7.6%)
1.9% - Tg Realisations 2023 Limited
7.6% - Industry AVG
Employees
with 362 employees, this is above the industry average (57)
362 - Tg Realisations 2023 Limited
57 - Industry AVG
Pay Structure
on an average salary of £25.5k, the company has an equivalent pay structure (£29k)
£25.5k - Tg Realisations 2023 Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £127.5k, this is less efficient (£167.3k)
£127.5k - Tg Realisations 2023 Limited
£167.3k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (28 days)
7 days - Tg Realisations 2023 Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (46 days)
36 days - Tg Realisations 2023 Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 51 days, this is less than average (96 days)
51 days - Tg Realisations 2023 Limited
96 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (31 weeks)
13 weeks - Tg Realisations 2023 Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.1%, this is a higher level of debt than the average (48.6%)
89.1% - Tg Realisations 2023 Limited
48.6% - Industry AVG
TG REALISATIONS 2023 LIMITED financials
Tg Realisations 2023 Limited's latest turnover from December 2021 is £46.2 million and the company has net assets of £1.3 million. According to their latest financial statements, Tg Realisations 2023 Limited has 362 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 46,163,227 | 44,182,989 | 48,571,000 | 51,133,000 | 55,137,000 | 54,436,000 | 52,887,000 | 47,695,000 | 42,148,000 | 40,383,000 | 36,257,000 | 32,955,000 | 29,241,000 |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 23,141,145 | 25,266,713 | 25,257,000 | 28,079,000 | 26,057,000 | 24,370,000 | 26,376,000 | 19,272,000 | 17,197,000 | 14,278,000 | |||
| Gross Profit | 23,022,082 | 18,916,276 | 23,314,000 | 23,054,000 | 29,080,000 | 30,066,000 | 26,511,000 | 21,111,000 | 19,060,000 | 14,963,000 | |||
| Admin Expenses | 22,144,204 | 22,916,857 | 22,750,000 | 30,799,000 | 29,641,000 | 31,726,000 | 25,498,000 | 20,074,000 | 18,573,000 | 15,797,000 | |||
| Operating Profit | 877,878 | -4,000,581 | 564,000 | -7,745,000 | -561,000 | -1,660,000 | 1,013,000 | 897,000 | 959,000 | 1,037,000 | 487,000 | 928,000 | -834,000 |
| Interest Payable | 25 | 3,000 | 18,000 | 129,000 | 149,000 | 1,502,000 | |||||||
| Interest Receivable | 3,000 | ||||||||||||
| Pre-Tax Profit | 877,878 | -4,000,606 | 564,000 | -7,745,000 | -561,000 | -1,660,000 | 1,013,000 | 897,000 | 956,000 | 1,019,000 | 358,000 | 779,000 | -2,333,000 |
| Tax | -879,000 | 806,282 | -221,000 | 344,000 | -112,000 | 143,000 | -388,000 | -290,000 | -139,000 | -460,000 | -325,000 | -379,000 | 709,000 |
| Profit After Tax | -1,122 | -3,194,324 | 343,000 | -7,401,000 | -673,000 | -1,517,000 | 625,000 | 607,000 | 817,000 | 559,000 | 33,000 | 400,000 | -1,624,000 |
| Dividends Paid | 469,000 | ||||||||||||
| Retained Profit | -1,122 | -3,194,324 | 343,000 | -7,401,000 | -673,000 | -1,517,000 | 156,000 | 607,000 | 817,000 | 559,000 | 33,000 | 400,000 | -1,624,000 |
| Employee Costs | 9,217,590 | 10,597,801 | 11,753,000 | 11,909,000 | 12,883,000 | 12,624,000 | 11,578,000 | 10,045,000 | 9,428,000 | 9,229,000 | 8,442,000 | 7,540,000 | 6,675,000 |
| Number Of Employees | 362 | 422 | 455 | 522 | 562 | 583 | 532 | 524 | 429 | 422 | 404 | 360 | 322 |
| EBITDA* | 1,382,985 | -3,451,765 | 1,205,000 | -1,372,000 | 706,000 | -453,000 | 2,098,000 | 1,997,000 | 2,109,000 | 2,294,000 | 1,827,000 | 1,679,000 | -148,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 1,793,817 | 1,802,533 | 2,732,000 | 2,821,000 | 3,397,000 | 3,486,000 | 4,175,000 | 3,582,000 | 3,600,000 | 4,002,000 | 2,811,000 | 2,951,000 | 3,023,000 |
| Intangible Assets | 96,798 | 139,226 | 181,000 | 5,695,000 | 6,252,000 | 6,808,000 | 7,365,000 | 7,922,000 | 8,478,000 | 9,035,000 | 9,591,000 | 10,148,000 | |
| Investments & Other | 102,510 | ||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 1,993,125 | 1,941,759 | 2,913,000 | 2,821,000 | 9,092,000 | 9,738,000 | 10,983,000 | 10,947,000 | 11,522,000 | 12,480,000 | 11,846,000 | 12,542,000 | 13,171,000 |
| Stock & work in progress | 3,277,488 | 2,659,582 | 6,494,000 | 6,896,000 | 6,447,000 | 6,918,000 | 5,977,000 | 5,006,000 | 6,148,000 | 6,013,000 | 5,441,000 | 5,844,000 | 5,624,000 |
| Trade Debtors | 971,693 | 1,349,252 | 389,000 | 451,000 | 221,000 | 196,000 | 45,000 | 251,000 | 42,000 | 18,000 | 20,000 | ||
| Group Debtors | 2,093,641 | 1,776,000 | 2,765,000 | 3,855,000 | 3,979,000 | 4,307,000 | 13,527,000 | 5,702,000 | 1,036,000 | 949,000 | 1,581,000 | 10,976,000 | |
| Misc Debtors | 1,486,417 | 3,273,621 | 1,541,000 | 2,584,000 | 2,730,000 | 3,049,000 | 2,725,000 | 2,465,000 | 4,271,000 | 3,083,000 | 2,749,000 | 1,902,000 | 2,226,000 |
| Cash | 1,778,470 | 1,707,650 | 286,000 | 64,000 | 511,000 | 666,000 | 868,000 | 367,000 | 575,000 | 598,000 | 520,000 | 209,000 | |
| misc current assets | 214,000 | ||||||||||||
| total current assets | 9,607,709 | 8,990,105 | 10,486,000 | 12,974,000 | 13,764,000 | 14,808,000 | 13,922,000 | 21,616,000 | 16,163,000 | 10,725,000 | 9,757,000 | 9,847,000 | 19,035,000 |
| total assets | 11,600,834 | 10,931,864 | 13,399,000 | 15,795,000 | 22,856,000 | 24,546,000 | 24,905,000 | 32,563,000 | 27,685,000 | 23,205,000 | 21,603,000 | 22,389,000 | 32,206,000 |
| Bank overdraft | 19,000 | ||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 2,297,563 | 3,482,331 | 3,472,000 | 4,347,000 | 5,839,000 | 5,315,000 | 4,527,000 | 3,427,000 | 459,000 | ||||
| Group/Directors Accounts | 2,137,000 | 3,510,000 | 2,472,000 | 2,146,000 | 3,071,000 | 12,474,000 | 11,793,000 | 8,135,000 | 7,620,000 | 7,780,000 | 17,898,000 | ||
| other short term finances | |||||||||||||
| hp & lease commitments | 12,000 | 19,000 | |||||||||||
| other current liabilities | 4,628,821 | 3,284,684 | 2,346,000 | 2,505,000 | 2,977,000 | 3,870,000 | 4,120,000 | 3,841,000 | 2,286,000 | 2,394,000 | 1,786,000 | 2,344,000 | 1,892,000 |
| total current liabilities | 6,926,384 | 6,767,015 | 7,955,000 | 10,362,000 | 11,288,000 | 11,331,000 | 11,718,000 | 19,742,000 | 14,098,000 | 10,529,000 | 9,406,000 | 10,136,000 | 20,268,000 |
| loans | |||||||||||||
| hp & lease commitments | 14,000 | ||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | 3,411,326 | 2,900,603 | 654,000 | 1,182,000 | 169,000 | 1,367,000 | 172,000 | 202,000 | 193,000 | 215,000 | 527,000 | 1,031,000 | 1,223,000 |
| total long term liabilities | 3,411,326 | 2,900,603 | 654,000 | 1,182,000 | 169,000 | 1,367,000 | 172,000 | 202,000 | 193,000 | 215,000 | 527,000 | 1,031,000 | 1,237,000 |
| total liabilities | 10,337,710 | 9,667,618 | 8,609,000 | 11,544,000 | 11,457,000 | 12,698,000 | 11,890,000 | 19,944,000 | 14,291,000 | 10,744,000 | 9,933,000 | 11,167,000 | 21,505,000 |
| net assets | 1,263,124 | 1,264,246 | 4,790,000 | 4,251,000 | 11,399,000 | 11,848,000 | 13,015,000 | 12,619,000 | 13,394,000 | 12,461,000 | 11,670,000 | 11,222,000 | 10,701,000 |
| total shareholders funds | 1,263,124 | 1,264,246 | 4,790,000 | 4,251,000 | 11,399,000 | 11,848,000 | 13,015,000 | 12,619,000 | 13,394,000 | 12,461,000 | 11,670,000 | 11,222,000 | 10,701,000 |
| 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 | 877,878 | -4,000,581 | 564,000 | -7,745,000 | -561,000 | -1,660,000 | 1,013,000 | 897,000 | 959,000 | 1,037,000 | 487,000 | 928,000 | -834,000 |
| Depreciation | 462,679 | 506,921 | 610,000 | 678,000 | 710,000 | 651,000 | 528,000 | 543,000 | 594,000 | 700,000 | 784,000 | 751,000 | 686,000 |
| Amortisation | 42,428 | 41,895 | 31,000 | 5,695,000 | 557,000 | 556,000 | 557,000 | 557,000 | 556,000 | 557,000 | 556,000 | ||
| Tax | -879,000 | 806,282 | -221,000 | 344,000 | -112,000 | 143,000 | -388,000 | -290,000 | -139,000 | -460,000 | -325,000 | -379,000 | 709,000 |
| Stock | 617,906 | -3,834,418 | -402,000 | 449,000 | -471,000 | 941,000 | 971,000 | -1,142,000 | 135,000 | 572,000 | -403,000 | 220,000 | 5,624,000 |
| Debtors | -71,122 | 916,873 | -2,094,000 | -1,006,000 | -418,000 | 147,000 | -9,166,000 | 6,228,000 | 5,878,000 | 419,000 | 235,000 | -9,719,000 | 13,202,000 |
| Creditors | -1,184,768 | 10,331 | -875,000 | -1,492,000 | 524,000 | 788,000 | 1,100,000 | 3,427,000 | -459,000 | 459,000 | |||
| Accruals and Deferred Income | 1,344,137 | 938,684 | -159,000 | -472,000 | -893,000 | -250,000 | 279,000 | 1,555,000 | -108,000 | 608,000 | -558,000 | 452,000 | 1,892,000 |
| Deferred Taxes & Provisions | 510,723 | 2,246,603 | -528,000 | 1,013,000 | -1,198,000 | 1,195,000 | -30,000 | 9,000 | -22,000 | -312,000 | -504,000 | -192,000 | 1,223,000 |
| Cash flow from operations | 627,293 | 3,467,680 | 1,918,000 | -1,422,000 | -84,000 | 335,000 | 11,254,000 | 1,612,000 | -4,173,000 | 1,139,000 | 608,000 | 10,600,000 | -14,691,000 |
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 102,510 | ||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | -2,137,000 | -1,373,000 | 1,038,000 | 326,000 | -925,000 | -9,403,000 | 681,000 | 3,658,000 | 515,000 | -160,000 | -10,118,000 | 17,898,000 | |
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | -12,000 | -21,000 | 33,000 | ||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | -25 | -3,000 | -18,000 | -129,000 | -149,000 | -1,499,000 | |||||||
| cash flow from financing | -2,468,455 | -1,177,000 | 1,291,000 | 550,000 | -575,000 | -9,163,000 | -701,000 | 3,771,000 | 729,000 | 114,000 | -10,167,000 | 28,757,000 | |
| cash and cash equivalents | |||||||||||||
| cash | 70,820 | 1,421,650 | 222,000 | -447,000 | -155,000 | -202,000 | 501,000 | 367,000 | -575,000 | -23,000 | 78,000 | 311,000 | 209,000 |
| overdraft | -19,000 | 19,000 | |||||||||||
| change in cash | 70,820 | 1,421,650 | 222,000 | -447,000 | -155,000 | -202,000 | 501,000 | 386,000 | -594,000 | -23,000 | 78,000 | 311,000 | 209,000 |
tg realisations 2023 limited Credit Report and Business Information
Tg Realisations 2023 Limited Competitor Analysis
Perform a competitor analysis for tg realisations 2023 limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in LS1 area or any other competitors across 12 key performance metrics.
tg realisations 2023 limited Ownership
TG REALISATIONS 2023 LIMITED group structure
Tg Realisations 2023 Limited has 1 subsidiary company.
Ultimate parent company
1 parent
TG REALISATIONS 2023 LIMITED
04308218
1 subsidiary
tg realisations 2023 limited directors
Tg Realisations 2023 Limited currently has 3 directors. The longest serving directors include Mr Andrew Thirkill (Sep 2020) and Mr Nathan Burkey (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Thirkill | 66 years | Sep 2020 | - | Director | |
| Mr Nathan Burkey | England | 51 years | Jan 2023 | - | Director |
| Mr Dhanasagren Naidoo | England | 53 years | Jan 2023 | - | Director |
P&L
December 2021turnover
46.2m
+4%
operating profit
877.9k
-122%
gross margin
49.9%
+16.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
1.3m
0%
total assets
11.6m
+0.06%
cash
1.8m
+0.04%
net assets
Total assets minus all liabilities
tg realisations 2023 limited company details
company number
04308218
Type
Private limited with Share Capital
industry
47520 - Retail sale of hardware, paints and glass in specialised stores
incorporation date
October 2001
age
24
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2021
previous names
tile giant limited (February 2023)
giant tiles limited (December 2001)
accountant
-
auditor
WATSON BUCKLE LIMITED
address
c/o interpath ltd, 4th floor, ta, thirsk row, leeds, LS1 4DP
Bank
-
Legal Advisor
-
tg realisations 2023 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 tg realisations 2023 limited. Currently there are 0 open charges and 10 have been satisfied in the past.
tg realisations 2023 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 TG REALISATIONS 2023 LIMITED. This can take several minutes, an email will notify you when this has completed.
tg realisations 2023 limited Companies House Filings - See Documents
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