tibard laundry services limited
tibard laundry services limited Company Information
Group Structure
View All
Industry
Washing and (dry-)cleaning of textile and fur products
Registered Address
36 harrington road, worcester, WR2 5HD
Website
www.tibard-laundry.co.uktibard laundry services limited Estimated Valuation
Pomanda estimates the enterprise value of TIBARD LAUNDRY SERVICES LIMITED at £2.7m based on a Turnover of £4.5m and 0.59x industry multiple (adjusted for size and gross margin).
tibard laundry services limited Estimated Valuation
Pomanda estimates the enterprise value of TIBARD LAUNDRY SERVICES LIMITED at £0 based on an EBITDA of £-837.5k and a 3.31x industry multiple (adjusted for size and gross margin).
tibard laundry services limited Estimated Valuation
Pomanda estimates the enterprise value of TIBARD LAUNDRY SERVICES LIMITED at £0 based on Net Assets of £-453.5k and 2.32x industry multiple (adjusted for liquidity).
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Tibard Laundry Services Limited Overview
Tibard Laundry Services Limited is a live company located in worcester, WR2 5HD with a Companies House number of 04457378. It operates in the washing and (dry-)cleaning of textile and fur products sector, SIC Code 96010. Founded in June 2002, it's largest shareholder is shahid ahmed with a 100% stake. Tibard Laundry Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.5m with rapid growth in recent years.
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Tibard Laundry Services Limited Health Check
Pomanda's financial health check has awarded Tibard Laundry Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
2 Weak
Size
annual sales of £4.5m, make it larger than the average company (£399.5k)
- Tibard Laundry Services Limited
£399.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (20.1%)
- Tibard Laundry Services Limited
20.1% - Industry AVG
Production
with a gross margin of 49%, this company has a comparable cost of product (49%)
- Tibard Laundry Services Limited
49% - Industry AVG
Profitability
an operating margin of -18.4% make it less profitable than the average company (8.4%)
- Tibard Laundry Services Limited
8.4% - Industry AVG
Employees
with 89 employees, this is above the industry average (14)
- Tibard Laundry Services Limited
14 - Industry AVG
Pay Structure
on an average salary of £28.5k, the company has an equivalent pay structure (£28.5k)
- Tibard Laundry Services Limited
£28.5k - Industry AVG
Efficiency
resulting in sales per employee of £51.1k, this is equally as efficient (£52.7k)
- Tibard Laundry Services Limited
£52.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tibard Laundry Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 125 days, this is slower than average (32 days)
- Tibard Laundry Services Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tibard Laundry Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tibard Laundry Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 233%, this is a higher level of debt than the average (60.9%)
233% - Tibard Laundry Services Limited
60.9% - Industry AVG
TIBARD LAUNDRY SERVICES LIMITED financials
Tibard Laundry Services Limited's latest turnover from March 2024 is estimated at £4.5 million and the company has net assets of -£453.5 thousand. According to their latest financial statements, we estimate that Tibard Laundry Services Limited has 89 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 33 | 49 | 50 | 49 | 47 | 47 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 284,121 | 312,621 | 324,436 | 378,500 | 364,214 | 396,482 | 379,816 | 383,866 | 429,641 | 428,240 | 457,166 | 514,164 | 537,646 | 455,446 | |
| Intangible Assets | |||||||||||||||
| Investments & Other | 18,000 | 18,000 | 18,000 | 18,000 | |||||||||||
| Debtors (Due After 1 year) | 334,501 | ||||||||||||||
| Total Fixed Assets | 334,501 | 284,121 | 312,621 | 324,436 | 378,500 | 364,214 | 396,482 | 379,816 | 383,866 | 429,641 | 428,240 | 475,166 | 532,164 | 555,646 | 473,446 |
| Stock & work in progress | 3,676 | 3,676 | 3,676 | 6,819 | 4,109 | 8,149 | 2,736 | 5,221 | 3,078 | 350 | 5,153 | 350 | 350 | 350 | |
| Trade Debtors | 252,856 | 267,570 | 227,113 | 412,591 | 443,589 | 428,776 | 429,419 | 425,053 | 547,548 | 476,414 | 449,741 | 522,574 | 699,490 | 576,104 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 6,609 | 98,435 | 138,435 | 194,590 | 81,267 | 72,835 | 71,013 | 68,853 | 8,450 | 8,450 | |||||
| Cash | 28,269 | 22,853 | 34,139 | 43,515 | 95,255 | 73,397 | 90,373 | 76 | 37 | 668 | 64,556 | 243 | 938 | ||
| misc current assets | |||||||||||||||
| total current assets | 6,609 | 383,236 | 432,534 | 264,928 | 657,515 | 624,220 | 583,157 | 593,541 | 499,203 | 550,663 | 477,432 | 519,450 | 523,167 | 708,290 | 585,842 |
| total assets | 341,110 | 667,357 | 745,155 | 589,364 | 1,036,015 | 988,434 | 979,639 | 973,357 | 883,069 | 980,304 | 905,672 | 994,616 | 1,055,331 | 1,263,936 | 1,059,288 |
| Bank overdraft | 99,088 | 257,950 | 61,306 | 120,778 | |||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 794,631 | 147,800 | 300,923 | 203,919 | 150,754 | 126,142 | 115,362 | 156,850 | 98,729 | 267,982 | 347,015 | 433,961 | 426,641 | 543,567 | 648,921 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 5,300 | 15,900 | 22,425 | 13,400 | 16,500 | 21,950 | |||||||||
| other current liabilities | 81,073 | 52,484 | 184,921 | 166,761 | 164,191 | 183,499 | 150,312 | ||||||||
| total current liabilities | 794,631 | 228,873 | 353,407 | 203,919 | 340,975 | 308,803 | 301,978 | 353,749 | 364,629 | 547,882 | 347,015 | 433,961 | 487,947 | 664,345 | 648,921 |
| loans | 49,865 | ||||||||||||||
| hp & lease commitments | 5,300 | 21,505 | 6,830 | 6,875 | |||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 23,375 | 7,690 | 20,940 | 46,068 | 71,182 | 101,338 | |||||||||
| provisions | 28,613 | 23,048 | 25,784 | 19,536 | 15,081 | 24,263 | 27,705 | 39,833 | 40,350 | 55,071 | 29,668 | ||||
| total long term liabilities | 28,613 | 28,348 | 47,289 | 26,366 | 21,956 | 47,638 | 35,395 | 60,773 | 86,418 | 176,118 | 131,006 | ||||
| total liabilities | 794,631 | 228,873 | 353,407 | 203,919 | 369,588 | 337,151 | 349,267 | 380,115 | 386,585 | 595,520 | 382,410 | 494,734 | 574,365 | 840,463 | 779,927 |
| net assets | -453,521 | 438,484 | 391,748 | 385,445 | 666,427 | 651,283 | 630,372 | 593,242 | 496,484 | 384,784 | 523,262 | 499,882 | 480,966 | 423,473 | 279,361 |
| total shareholders funds | -453,521 | 438,484 | 391,748 | 385,445 | 666,427 | 651,283 | 630,372 | 593,242 | 496,484 | 384,784 | 523,262 | 499,882 | 480,966 | 423,473 | 279,361 |
| Mar 2024 | Mar 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 28,500 | 30,305 | 39,562 | 41,806 | 45,824 | 39,820 | 45,775 | 77,259 | 51,265 | 63,378 | 69,434 | 66,626 | 51,136 | ||
| Amortisation | 8,600 | ||||||||||||||
| Tax | |||||||||||||||
| Stock | -3,676 | -3,143 | 2,710 | -4,040 | 5,413 | -2,485 | 2,143 | 3,078 | -4,803 | 4,803 | 350 | ||||
| Debtors | -10,181 | -54,714 | 178,892 | -380,068 | 82,325 | 23,245 | 1,179 | 6,526 | -53,642 | 547,548 | 26,673 | -72,833 | -185,366 | 123,386 | 584,554 |
| Creditors | 646,831 | -153,123 | 97,004 | 53,165 | 24,612 | 10,780 | -41,488 | 58,121 | -169,253 | 267,982 | -86,946 | 7,320 | -116,926 | -105,354 | 648,921 |
| Accruals and Deferred Income | -81,073 | 28,589 | 52,484 | -184,921 | 18,160 | 2,570 | -19,308 | 33,187 | 150,312 | ||||||
| Deferred Taxes & Provisions | -28,613 | 5,565 | -2,736 | 6,248 | 4,455 | -9,182 | 24,263 | -12,128 | -517 | -14,721 | 25,403 | 29,668 | |||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -18,000 | 18,000 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -49,865 | 49,865 | |||||||||||||
| Hire Purchase and Lease Commitments | -5,300 | -15,900 | -22,730 | 23,700 | -3,145 | 1,425 | 21,950 | ||||||||
| other long term liabilities | -23,375 | 23,375 | -13,250 | -25,128 | -25,114 | -30,156 | 101,338 | ||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -28,269 | 5,416 | -11,286 | -9,376 | -51,740 | 21,858 | -16,976 | 90,297 | 39 | 37 | -63,888 | 64,313 | 243 | -938 | 938 |
| overdraft | -99,088 | -158,862 | 257,950 | -61,306 | -59,472 | 120,778 | |||||||||
| change in cash | -28,269 | 5,416 | -11,286 | -9,376 | -51,740 | 21,858 | -16,976 | 189,385 | 158,901 | -257,913 | -63,888 | 125,619 | 59,715 | -121,716 | 938 |
tibard laundry services limited Credit Report and Business Information
Tibard Laundry Services Limited Competitor Analysis
Perform a competitor analysis for tibard laundry services limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in WR2 area or any other competitors across 12 key performance metrics.
tibard laundry services limited Ownership
TIBARD LAUNDRY SERVICES LIMITED group structure
Tibard Laundry Services Limited has no subsidiary companies.
Ultimate parent company
TIBARD LAUNDRY SERVICES LIMITED
04457378
tibard laundry services limited directors
Tibard Laundry Services Limited currently has 1 director, Mr Haider Ali serving since Jun 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Haider Ali | 29 years | Jun 2024 | - | Director |
P&L
March 2024turnover
4.5m
+223%
operating profit
-837.5k
0%
gross margin
49%
+10.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-453.5k
-2.03%
total assets
341.1k
-0.49%
cash
0
-1%
net assets
Total assets minus all liabilities
tibard laundry services limited company details
company number
04457378
Type
Private limited with Share Capital
industry
96010 - Washing and (dry-)cleaning of textile and fur products
incorporation date
June 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
AAC
auditor
-
address
36 harrington road, worcester, WR2 5HD
Bank
-
Legal Advisor
-
tibard laundry services 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 4 charges/mortgages relating to tibard laundry services limited. Currently there are 0 open charges and 4 have been satisfied in the past.
tibard laundry services 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 TIBARD LAUNDRY SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
tibard laundry services limited Companies House Filings - See Documents
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