tigon management services limited

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tigon management services limited Company Information

Share TIGON MANAGEMENT SERVICES LIMITED

Company Number

05537075

Shareholders

beverley ann nightingale

barbara hunt

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Group Structure

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Industry

Other business support service activities n.e.c.

 +1

Registered Address

c/o whitehead & wood limited, brindley close network 65, burnley, lancashire, BB11 5TD

tigon management services limited Estimated Valuation

£86.7k

Pomanda estimates the enterprise value of TIGON MANAGEMENT SERVICES LIMITED at £86.7k based on a Turnover of £329.7k and 0.26x industry multiple (adjusted for size and gross margin).

tigon management services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TIGON MANAGEMENT SERVICES LIMITED at £0 based on an EBITDA of £-29.1k and a 2.53x industry multiple (adjusted for size and gross margin).

tigon management services limited Estimated Valuation

£202k

Pomanda estimates the enterprise value of TIGON MANAGEMENT SERVICES LIMITED at £202k based on Net Assets of £118.4k and 1.71x industry multiple (adjusted for liquidity).

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Tigon Management Services Limited Overview

Tigon Management Services Limited is a live company located in burnley, BB11 5TD with a Companies House number of 05537075. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in August 2005, it's largest shareholder is beverley ann nightingale with a 51% stake. Tigon Management Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £329.7k with declining growth in recent years.

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Tigon Management Services Limited Health Check

Pomanda's financial health check has awarded Tigon Management Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £329.7k, make it smaller than the average company (£7.8m)

£329.7k - Tigon Management Services Limited

£7.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (6.7%)

-11% - Tigon Management Services Limited

6.7% - Industry AVG

production

Production

with a gross margin of 15.5%, this company has a higher cost of product (31.7%)

15.5% - Tigon Management Services Limited

31.7% - Industry AVG

profitability

Profitability

an operating margin of -8.8% make it less profitable than the average company (4.8%)

-8.8% - Tigon Management Services Limited

4.8% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (36)

7 - Tigon Management Services Limited

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £55.5k, the company has an equivalent pay structure (£55.5k)

£55.5k - Tigon Management Services Limited

£55.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £47.1k, this is less efficient (£178.4k)

£47.1k - Tigon Management Services Limited

£178.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (43 days)

13 days - Tigon Management Services Limited

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 200 days, this is slower than average (21 days)

200 days - Tigon Management Services Limited

21 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tigon Management Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (16 weeks)

9 weeks - Tigon Management Services Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 61.2%, this is a similar level of debt than the average (64.9%)

61.2% - Tigon Management Services Limited

64.9% - Industry AVG

TIGON MANAGEMENT SERVICES LIMITED financials

EXPORTms excel logo

Tigon Management Services Limited's latest turnover from December 2023 is estimated at £329.7 thousand and the company has net assets of £118.4 thousand. According to their latest financial statements, Tigon Management Services Limited has 7 employees and maintains cash reserves of £26.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover329,672972,622437,874463,897435,438469,963651,627561,596460,225407,049347,885521,940415,531416,996
Other Income Or Grants
Cost Of Sales278,738818,937374,463394,995368,979399,895552,443474,621391,363344,513295,245437,692345,600344,450
Gross Profit50,934153,68563,41168,90266,45970,06899,18486,97568,86262,53552,64084,24869,93172,546
Admin Expenses80,002126,63687,128119,03633,282-96,70281,514154,58429,55992,764-78279,99168,44430,730-23,840
Operating Profit-29,06827,049-23,717-50,13433,177166,77017,670-67,60939,303-30,22953,4224,2571,48741,81623,840
Interest Payable2,89210,01814,92814,80214,8027,401
Interest Receivable8101301342394674074404546294140
Pre-Tax Profit-28,25827,179-23,704-50,13033,200166,86414,844-77,58724,449-44,99138,665-3,0971,51641,85723,881
Tax-5,164-6,308-31,704-2,820-4,890-8,893-394-11,720-6,687
Profit After Tax-28,25822,015-23,704-50,13026,892135,16012,024-77,58719,559-44,99129,772-3,0971,12230,13717,194
Dividends Paid
Retained Profit-28,25822,015-23,704-50,13026,892135,16012,024-77,58719,559-44,99129,772-3,0971,12230,13717,194
Employee Costs388,316367,887339,898321,721326,788318,913297,898298,01683,99583,74341,07881,35080,64276,502
Number Of Employees77777777221222
EBITDA*-29,06827,049-23,717-50,13433,177166,77038,660-51,41055,568-12,71971,5207,3785,41843,10325,269

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets100,000100,000350,000350,000350,000350,000350,000355,390529,973534,146537,104539,60218,73911,57912,864
Intangible Assets15,60031,20046,80062,400
Investments & Other165,685175,302166,358154,150159,809162,842179,48650,00050,000
Debtors (Due After 1 year)
Total Fixed Assets265,685275,302516,358504,150509,809512,842529,486420,990611,173580,946599,504539,60218,73911,57912,864
Stock & work in progress
Trade Debtors12,481215,9497,16413,7233,10510,91317,23222,4605,03419,59237,93691,82992,914101,04990,888
Group Debtors
Misc Debtors
Cash26,6874,1643,2636,9851516,11418,8817,81324,3305,14210,8027,11911,46423916,113
misc current assets
total current assets39,168220,11310,42720,7083,25617,02736,11330,27329,36424,73448,73898,948104,378101,288107,001
total assets304,853495,415526,785524,858513,065529,869565,599451,263640,537605,680648,242638,550123,117112,867119,865
Bank overdraft
Bank loan
Trade Creditors 152,868299,774293,212273,222266,208285,134426,880332,571289,147225,949146,041146,21974,66265,534102,669
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities152,868299,774293,212273,222266,208285,134426,880332,571289,147225,949146,041146,21974,66265,534102,669
loans88,983231,594227,719227,719227,719
hp & lease commitments
Accruals and Deferred Income
other liabilities33,55739,33744,76344,16712,50025,00057,50070,000121,775199,254219,254
provisions10,4158,0959,17021,44024,602
total long term liabilities33,55739,33755,17852,2629,17033,94049,602146,483301,594349,494426,973446,973
total liabilities186,425339,111348,390325,484275,378319,074476,482479,054590,741575,443573,014593,19274,66265,534102,669
net assets118,428156,304178,395199,374237,687210,79589,117-27,79149,79630,23775,22845,35848,45547,33317,196
total shareholders funds118,428156,304178,395199,374237,687210,79589,117-27,79149,79630,23775,22845,35848,45547,33317,196
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-29,06827,049-23,717-50,13433,177166,77017,670-67,60939,303-30,22953,4224,2571,48741,81623,840
Depreciation5,3905996651,9102,4983,1213,9311,2871,429
Amortisation15,60015,60015,60015,60015,600
Tax-5,164-6,308-31,704-2,820-4,890-8,893-394-11,720-6,687
Stock
Debtors-203,468208,785-6,55910,618-7,808-6,319-5,22817,426-14,558-18,344-53,893-1,085-8,13510,16190,888
Creditors-146,9066,56219,9907,014-18,926-141,74694,30943,42463,19879,908-17871,5579,128-37,135102,669
Accruals and Deferred Income
Deferred Taxes & Provisions-10,4152,320-1,075-12,270-3,16224,602
Cash flow from operations27,494-190,7535,152-54,8133,481-3,523159,979-25,412128,43485,533116,34280,02022,287-15,91330,363
Investing Activities
capital expenditure250,000173,9843,5081,048-78,000-523,984-11,091-2-14,293
Change in Investments-9,6178,94412,208-5,659-3,033-16,644129,48650,000
cash flow from investments9,617241,056-12,2085,6593,03316,644-129,486173,984-46,4921,048-78,000-523,984-11,091-2-14,293
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-88,983-142,6113,875227,719
Hire Purchase and Lease Commitments
other long term liabilities-5,780-5,42659644,167-12,500-12,500-32,500-12,500-51,775-77,479-20,000219,254
share issue-9,618-44,1062,72511,817-13,482104,884982
interest8101301342394-2,825-9,978-14,854-14,762-14,757-7,355294140
cash flow from financing-14,588-49,4023,33455,988-12,477-25,888-19,424-165,089-62,754-92,241-34,659439,618294142
cash and cash equivalents
cash22,523901-3,7226,834-5,963-12,76711,068-16,51719,188-5,6603,683-4,34511,225-15,87416,113
overdraft
change in cash22,523901-3,7226,834-5,963-12,76711,068-16,51719,188-5,6603,683-4,34511,225-15,87416,113

tigon management services 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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Tigon Management Services Limited Competitor Analysis

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Perform a competitor analysis for tigon management services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in BB11 area or any other competitors across 12 key performance metrics.

tigon management services limited Ownership

TIGON MANAGEMENT SERVICES LIMITED group structure

Tigon Management Services Limited has no subsidiary companies.

Ultimate parent company

TIGON MANAGEMENT SERVICES LIMITED

05537075

TIGON MANAGEMENT SERVICES LIMITED Shareholders

beverley ann nightingale 51%
barbara hunt 25%
kieron anthony hunt 24%

tigon management services limited directors

Tigon Management Services Limited currently has 2 directors. The longest serving directors include Beverley Nightingale (Feb 2006) and Mr Kieron Hunt (Feb 2006).

officercountryagestartendrole
Beverley NightingaleEngland66 years Feb 2006- Director
Mr Kieron Hunt72 years Feb 2006- Director

P&L

December 2023

turnover

329.7k

-66%

operating profit

-29.1k

0%

gross margin

15.5%

-2.22%

turnover

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

Balance Sheet

December 2023

net assets

118.4k

-0.24%

total assets

304.9k

-0.38%

cash

26.7k

+5.41%

net assets

Total assets minus all liabilities

tigon management services limited company details

company number

05537075

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

incorporation date

August 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

dialmode (308) limited (February 2006)

accountant

WYATT MORRIS GOLLAND LTD

auditor

-

address

c/o whitehead & wood limited, brindley close network 65, burnley, lancashire, BB11 5TD

Bank

-

Legal Advisor

-

tigon management 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 did not find charges/mortgages relating to tigon management services limited.

tigon management 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.

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tigon management services limited Companies House Filings - See Documents

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