tackle finance limited

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tackle finance limited Company Information

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Company Number

04679809

Registered Address

cairn house 49 chalky road, broadmayne, dorchester, dorset, DT2 8PJ

Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Telephone

01803723499

Next Accounts Due

December 2024

Group Structure

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Directors

Ian Stanford21 Years

Kenneth Parratt19 Years

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Shareholders

ian james stanford 20%

jeffrey robert hamblen 20%

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tackle finance limited Estimated Valuation

£381.4k

Pomanda estimates the enterprise value of TACKLE FINANCE LIMITED at £381.4k based on a Turnover of £441.7k and 0.86x industry multiple (adjusted for size and gross margin).

tackle finance limited Estimated Valuation

£37.6k

Pomanda estimates the enterprise value of TACKLE FINANCE LIMITED at £37.6k based on an EBITDA of £10.5k and a 3.57x industry multiple (adjusted for size and gross margin).

tackle finance limited Estimated Valuation

£130.8k

Pomanda estimates the enterprise value of TACKLE FINANCE LIMITED at £130.8k based on Net Assets of £68.5k and 1.91x industry multiple (adjusted for liquidity).

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Tackle Finance Limited Overview

Tackle Finance Limited is a live company located in dorchester, DT2 8PJ with a Companies House number of 04679809. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in February 2003, it's largest shareholder is ian james stanford with a 20% stake. Tackle Finance Limited is a mature, micro sized company, Pomanda has estimated its turnover at £441.7k with healthy growth in recent years.

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Tackle Finance Limited Health Check

Pomanda's financial health check has awarded Tackle Finance Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £441.7k, make it smaller than the average company (£4.1m)

£441.7k - Tackle Finance Limited

£4.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4%)

7% - Tackle Finance Limited

4% - Industry AVG

production

Production

with a gross margin of 22.3%, this company has a higher cost of product (62.4%)

22.3% - Tackle Finance Limited

62.4% - Industry AVG

profitability

Profitability

an operating margin of 2.4% make it less profitable than the average company (11.5%)

2.4% - Tackle Finance Limited

11.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (13)

1 - Tackle Finance Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.8k, the company has an equivalent pay structure (£72.8k)

£72.8k - Tackle Finance Limited

£72.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £441.7k, this is more efficient (£205.9k)

£441.7k - Tackle Finance Limited

£205.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 120 days, this is later than average (30 days)

120 days - Tackle Finance Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 81 days, this is slower than average (38 days)

81 days - Tackle Finance Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tackle Finance Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Tackle Finance Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 52.8%, this is a similar level of debt than the average (57%)

52.8% - Tackle Finance Limited

57% - Industry AVG

tackle finance 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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Tackle Finance Limited Competitor Analysis

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tackle finance limited Ownership

TACKLE FINANCE LIMITED group structure

Tackle Finance Limited has no subsidiary companies.

Ultimate parent company

TACKLE FINANCE LIMITED

04679809

TACKLE FINANCE LIMITED Shareholders

ian james stanford 20%
jeffrey robert hamblen 20%
julian pascal frost 20%
stephen james hunt 10%
heather jean hunt 10%
eve sharon summers 5%
luke jonathan parratt 5%
kenneth parratt 5%
janet parratt 5%

tackle finance limited directors

Tackle Finance Limited currently has 9 directors. The longest serving directors include Mr Ian Stanford (Feb 2003) and Mr Kenneth Parratt (Jun 2004).

officercountryagestartendrole
Mr Ian Stanford61 years Feb 2003- Director
Mr Kenneth Parratt71 years Jun 2004- Director
Mrs Janet Parratt71 years Jun 2004- Director
Mrs Eve Summers41 years Dec 2014- Director
Mr Luke Parratt37 years Dec 2014- Director
Mr Jeffrey HamblenEngland57 years Dec 2014- Director
Mr Stephen Hunt61 years Dec 2014- Director
Mrs Heather Hunt59 years Dec 2014- Director
Mr Julian FrostUnited Kingdom54 years Dec 2014- Director

TACKLE FINANCE LIMITED financials

EXPORTms excel logo

Tackle Finance Limited's latest turnover from March 2023 is estimated at £441.7 thousand and the company has net assets of £68.5 thousand. According to their latest financial statements, we estimate that Tackle Finance Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover441,734379,963330,098359,389234,457294,357301,121223,399150,23317,63929,61534,62513,39919,805
Other Income Or Grants00000000000000
Cost Of Sales343,073286,859245,011258,512168,010199,593207,050153,335104,75712,51220,89424,7769,75615,213
Gross Profit98,66193,10485,087100,87766,44894,76494,07170,06445,4755,1278,7209,8493,6434,592
Admin Expenses88,11780,77783,91090,48776,08890,11184,77758,73137,1913,053-261-1,28815,621-20,628
Operating Profit10,54412,3271,17710,390-9,6404,6539,29411,3338,2842,0748,98111,137-11,97825,220
Interest Payable00000000000000
Interest Receivable000000009618815411314494
Pre-Tax Profit10,54412,3271,17710,390-9,6404,6539,29411,3338,3802,2619,13611,250-11,83425,314
Tax-2,003-2,342-224-1,9740-884-1,859-2,266-1,760-520-2,193-2,9250-7,088
Profit After Tax8,5419,9859538,416-9,6403,7697,4359,0666,6201,7416,9438,325-11,83418,226
Dividends Paid00000000000000
Retained Profit8,5419,9859538,416-9,6403,7697,4359,0666,6201,7416,9438,325-11,83418,226
Employee Costs72,83469,76266,86168,44567,19065,64462,98260,51357,93258,67957,41755,33355,39755,995
Number Of Employees11111111111111
EBITDA*10,54412,3271,17710,390-9,6404,6539,29411,3338,2842,0748,98111,137-11,97825,220

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets0000000000000120
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets0000000000000120
Stock & work in progress00000000000000
Trade Debtors145,272127,001104,910114,97680,367103,654111,21587,51257,9705,3679,69811,4653,7255,264
Group Debtors00000000000000
Misc Debtors00000000000000
Cash00000000038,42136,58125,11719,92137,494
misc current assets00000000000000
total current assets145,272127,001104,910114,97680,367103,654111,21587,51257,97043,78846,27936,58223,64642,758
total assets145,272127,001104,910114,97680,367103,654111,21587,51257,97043,78846,27936,58223,64642,878
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 76,72666,99654,89065,90939,71653,36364,69348,42527,94920,28724,51921,76517,15424,552
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities76,72666,99654,89065,90939,71653,36364,69348,42527,94920,28724,51921,76517,15424,552
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000000000000
total liabilities76,72666,99654,89065,90939,71653,36364,69348,42527,94920,28724,51921,76517,15424,552
net assets68,54660,00550,02049,06740,65150,29146,52239,08730,02123,50121,76014,8176,49218,326
total shareholders funds68,54660,00550,02049,06740,65150,29146,52239,08730,02123,50121,76014,8176,49218,326
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit10,54412,3271,17710,390-9,6404,6539,29411,3338,2842,0748,98111,137-11,97825,220
Depreciation00000000000000
Amortisation00000000000000
Tax-2,003-2,342-224-1,9740-884-1,859-2,266-1,760-520-2,193-2,9250-7,088
Stock00000000000000
Debtors18,27122,091-10,06634,609-23,287-7,56123,70329,54252,603-4,331-1,7677,740-1,5395,264
Creditors9,73012,106-11,01926,193-13,647-11,33016,26820,4767,662-4,2322,7544,611-7,39824,552
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations00000001-38,4171,65311,3095,083-17,83737,420
Investing Activities
capital expenditure000000000000120-120
Change in Investments00000000000000
cash flow from investments000000000000120-120
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000000-1000000100
interest000000009618815411314494
cash flow from financing00000000-4188154113144194
cash and cash equivalents
cash00000000-38,4211,84011,4645,196-17,57337,494
overdraft00000000000000
change in cash00000000-38,4211,84011,4645,196-17,57337,494

P&L

March 2023

turnover

441.7k

+16%

operating profit

10.5k

0%

gross margin

22.4%

-8.85%

turnover

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

Balance Sheet

March 2023

net assets

68.5k

+0.14%

total assets

145.3k

+0.14%

cash

0

0%

net assets

Total assets minus all liabilities

tackle finance limited company details

company number

04679809

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

February 2003

age

21

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

cairn house 49 chalky road, broadmayne, dorchester, dorset, DT2 8PJ

last accounts submitted

March 2023

tackle finance 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 did not find charges/mortgages relating to tackle finance limited.

charges

tackle finance limited Companies House Filings - See Documents

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