tank gauging systems & instrumentation limited
tank gauging systems & instrumentation limited Company Information
Company Number
04700422
Next Accounts
Mar 2025
Directors
Shareholders
iain burnett henderson
Group Structure
View All
Industry
Repair of other equipment
Registered Address
2 drake square south, ipswich, suffolk, IP3 9DZ
Website
-tank gauging systems & instrumentation limited Estimated Valuation
Pomanda estimates the enterprise value of TANK GAUGING SYSTEMS & INSTRUMENTATION LIMITED at £66.9k based on a Turnover of £121.1k and 0.55x industry multiple (adjusted for size and gross margin).
tank gauging systems & instrumentation limited Estimated Valuation
Pomanda estimates the enterprise value of TANK GAUGING SYSTEMS & INSTRUMENTATION LIMITED at £0 based on an EBITDA of £0 and a 4.82x industry multiple (adjusted for size and gross margin).
tank gauging systems & instrumentation limited Estimated Valuation
Pomanda estimates the enterprise value of TANK GAUGING SYSTEMS & INSTRUMENTATION LIMITED at £127.9k based on Net Assets of £32.8k and 3.91x industry multiple (adjusted for liquidity).
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Tank Gauging Systems & Instrumentation Limited Overview
Tank Gauging Systems & Instrumentation Limited is a dissolved company that was located in suffolk, IP3 9DZ with a Companies House number of 04700422. It operated in the repair of other equipment sector, SIC Code 33190. Founded in March 2003, it's largest shareholder was iain burnett henderson with a 100% stake. The last turnover for Tank Gauging Systems & Instrumentation Limited was estimated at £121.1k.
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Tank Gauging Systems & Instrumentation Limited Health Check
Pomanda's financial health check has awarded Tank Gauging Systems & Instrumentation Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
4 Weak
Size
annual sales of £121.1k, make it smaller than the average company (£1m)
- Tank Gauging Systems & Instrumentation Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (4.5%)
- Tank Gauging Systems & Instrumentation Limited
4.5% - Industry AVG
Production
with a gross margin of 22.7%, this company has a higher cost of product (36%)
- Tank Gauging Systems & Instrumentation Limited
36% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Tank Gauging Systems & Instrumentation Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
- Tank Gauging Systems & Instrumentation Limited
17 - Industry AVG
Pay Structure
on an average salary of £37.6k, the company has an equivalent pay structure (£37.6k)
- Tank Gauging Systems & Instrumentation Limited
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £121.1k, this is equally as efficient (£115.1k)
- Tank Gauging Systems & Instrumentation Limited
£115.1k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (57 days)
- Tank Gauging Systems & Instrumentation Limited
57 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Tank Gauging Systems & Instrumentation Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tank Gauging Systems & Instrumentation Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tank Gauging Systems & Instrumentation Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Tank Gauging Systems & Instrumentation Limited
- - Industry AVG
TANK GAUGING SYSTEMS & INSTRUMENTATION LIMITED financials
Tank Gauging Systems & Instrumentation Limited's latest turnover from August 2020 is estimated at £121.1 thousand and the company has net assets of £32.8 thousand. According to their latest financial statements, we estimate that Tank Gauging Systems & Instrumentation Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 55,953 | 66,300 | 53,668 | 37,017 | 38,728 | |||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | 29,328 | 40,414 | ||||||||||
| Tax | -5,925 | -6,808 | ||||||||||
| Profit After Tax | 23,403 | 33,606 | ||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | 23,403 | 33,606 | ||||||||||
| Employee Costs | 12,572 | |||||||||||
| Number Of Employees | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,201 | 6,201 | 6,201 | 6,201 | 7,563 | 1,422 | 1,734 | 1,154 | 1,441 | 1,560 | 1,950 | 2,440 |
| Intangible Assets | ||||||||||||
| Investments & Other | 100 | 100 | 100 | 100 | ||||||||
| Debtors (Due After 1 year) | 4,913 | 4,919 | ||||||||||
| Total Fixed Assets | 6,201 | 6,201 | 6,201 | 6,201 | 7,563 | 1,422 | 1,734 | 6,167 | 6,460 | 1,560 | 2,050 | 2,540 |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 26,550 | 26,550 | 32,475 | 32,475 | 31,056 | 28,471 | 32,602 | 4,809 | 4,737 | 11,882 | ||
| Group Debtors | ||||||||||||
| Misc Debtors | ||||||||||||
| Cash | 10,950 | 12,960 | 10,171 | 12,856 | 12,265 | |||||||
| misc current assets | ||||||||||||
| total current assets | 26,550 | 26,550 | 32,475 | 32,475 | 31,056 | 28,471 | 32,602 | 10,950 | 12,960 | 14,980 | 17,593 | 24,147 |
| total assets | 32,751 | 32,751 | 38,676 | 38,676 | 38,619 | 29,893 | 34,336 | 17,117 | 19,420 | 16,540 | 19,643 | 26,687 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 5,925 | 5,925 | 9,688 | 13,087 | 15,728 | 11,380 | 12,346 | 10,207 | 10,342 | 7,109 | ||
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | ||||||||||||
| total current liabilities | 5,925 | 5,925 | 9,688 | 13,087 | 15,728 | 11,380 | 12,346 | 10,207 | 10,342 | 7,109 | ||
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | ||||||||||||
| total long term liabilities | ||||||||||||
| total liabilities | 5,925 | 5,925 | 9,688 | 13,087 | 15,728 | 11,380 | 12,346 | 10,207 | 10,342 | 7,109 | ||
| net assets | 32,751 | 32,751 | 32,751 | 32,751 | 28,931 | 16,806 | 18,608 | 5,737 | 7,074 | 6,333 | 9,301 | 19,578 |
| total shareholders funds | 32,751 | 32,751 | 32,751 | 32,751 | 28,931 | 16,806 | 18,608 | 5,737 | 7,074 | 6,333 | 9,301 | 19,578 |
| Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 287 | 1,119 | 390 | 490 | 815 | |||||||
| Amortisation | ||||||||||||
| Tax | -5,925 | -6,808 | ||||||||||
| Stock | ||||||||||||
| Debtors | -5,925 | 1,419 | 2,585 | -4,131 | 27,689 | -6 | 110 | 72 | -7,145 | 11,882 | ||
| Creditors | -5,925 | -3,763 | -3,399 | -2,641 | 4,348 | -966 | 2,139 | -135 | 3,233 | 7,109 | ||
| Accruals and Deferred Income | ||||||||||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | -100 | 100 | -100 | 100 | ||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | -19,583 | -21,481 | ||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -10,950 | -2,010 | 2,789 | -2,685 | 591 | 12,265 | ||||||
| overdraft | ||||||||||||
| change in cash | -10,950 | -2,010 | 2,789 | -2,685 | 591 | 12,265 |
tank gauging systems & instrumentation limited Credit Report and Business Information
Tank Gauging Systems & Instrumentation Limited Competitor Analysis
Perform a competitor analysis for tank gauging systems & instrumentation limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in IP3 area or any other competitors across 12 key performance metrics.
tank gauging systems & instrumentation limited Ownership
TANK GAUGING SYSTEMS & INSTRUMENTATION LIMITED group structure
Tank Gauging Systems & Instrumentation Limited has no subsidiary companies.
Ultimate parent company
TANK GAUGING SYSTEMS & INSTRUMENTATION LIMITED
04700422
tank gauging systems & instrumentation limited directors
Tank Gauging Systems & Instrumentation Limited currently has 1 director, Mr Iain Henderson serving since Sep 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Iain Henderson | 54 years | Sep 2003 | - | Director |
P&L
August 2020turnover
121.1k
+13%
operating profit
0
0%
gross margin
22.7%
+1.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2020net assets
32.8k
0%
total assets
32.8k
0%
cash
0
0%
net assets
Total assets minus all liabilities
tank gauging systems & instrumentation limited company details
company number
04700422
Type
Private limited with Share Capital
industry
33190 - Repair of other equipment
incorporation date
March 2003
age
22
incorporated
UK
ultimate parent company
accounts
Dormant
last accounts submitted
August 2020
previous names
N/A
accountant
-
auditor
-
address
2 drake square south, ipswich, suffolk, IP3 9DZ
Bank
-
Legal Advisor
-
tank gauging systems & instrumentation 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 tank gauging systems & instrumentation limited.
tank gauging systems & instrumentation 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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tank gauging systems & instrumentation limited Companies House Filings - See Documents
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