martin tiling limited

martin tiling limited Company Information

Share MARTIN TILING LIMITED
Live 
EstablishedMicroHealthy

Company Number

06048387

Industry

Floor and wall covering

 

Shareholders

tristan neville martin

neville octavious martin

Group Structure

View All

Contact

Registered Address

118-120 london road, mitcham, surrey, CR4 3LB

martin tiling limited Estimated Valuation

£118.2k

Pomanda estimates the enterprise value of MARTIN TILING LIMITED at £118.2k based on a Turnover of £411.8k and 0.29x industry multiple (adjusted for size and gross margin).

martin tiling limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MARTIN TILING LIMITED at £0 based on an EBITDA of £-30.3k and a 2.89x industry multiple (adjusted for size and gross margin).

martin tiling limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MARTIN TILING LIMITED at £0 based on Net Assets of £-152.5k and 1.86x industry multiple (adjusted for liquidity).

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Martin Tiling Limited Overview

Martin Tiling Limited is a live company located in surrey, CR4 3LB with a Companies House number of 06048387. It operates in the floor and wall covering sector, SIC Code 43330. Founded in January 2007, it's largest shareholder is tristan neville martin with a 50% stake. Martin Tiling Limited is a established, micro sized company, Pomanda has estimated its turnover at £411.8k with healthy growth in recent years.

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Martin Tiling Limited Health Check

Pomanda's financial health check has awarded Martin Tiling Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £411.8k, make it larger than the average company (£210.7k)

£411.8k - Martin Tiling Limited

£210.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (4.7%)

13% - Martin Tiling Limited

4.7% - Industry AVG

production

Production

with a gross margin of 21%, this company has a higher cost of product (29.3%)

21% - Martin Tiling Limited

29.3% - Industry AVG

profitability

Profitability

an operating margin of -7.3% make it less profitable than the average company (8.2%)

-7.3% - Martin Tiling Limited

8.2% - Industry AVG

employees

Employees

with 4 employees, this is above the industry average (2)

4 - Martin Tiling Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £23.4k, the company has an equivalent pay structure (£23.4k)

£23.4k - Martin Tiling Limited

£23.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £102.9k, this is equally as efficient (£119.4k)

£102.9k - Martin Tiling Limited

£119.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 44 days, this is earlier than average (59 days)

44 days - Martin Tiling Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 216 days, this is slower than average (32 days)

216 days - Martin Tiling Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Martin Tiling Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Martin Tiling Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 403.8%, this is a higher level of debt than the average (60.2%)

403.8% - Martin Tiling Limited

60.2% - Industry AVG

MARTIN TILING LIMITED financials

EXPORTms excel logo

Martin Tiling Limited's latest turnover from March 2023 is estimated at £411.8 thousand and the company has net assets of -£152.5 thousand. According to their latest financial statements, Martin Tiling Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover411,793360,129314,526285,090243,508238,866352,666296,623313,744297,359126,99815,12600
Other Income Or Grants00000000000000
Cost Of Sales325,458287,380248,693225,448192,201188,423274,986232,202245,744231,23896,82111,65200
Gross Profit86,33572,74965,83359,64251,30750,44277,68064,42268,00066,12130,1773,47300
Admin Expenses116,61199,39358,48982,03454,32358,32174,11290,14851,47188,75529,877-7,45710,10734,177
Operating Profit-30,276-26,6447,344-22,392-3,016-7,8793,568-25,72616,529-22,63430010,930-10,107-34,177
Interest Payable00000000000000
Interest Receivable0000000384698164234
Pre-Tax Profit-30,276-26,6447,344-22,392-3,016-7,8793,568-25,68816,576-22,62530810,946-10,065-34,143
Tax00-1,395000-7130-3,4810-74-2,84600
Profit After Tax-30,276-26,6445,949-22,392-3,016-7,8792,854-25,68813,095-22,6252348,100-10,065-34,143
Dividends Paid00000000000000
Retained Profit-30,276-26,6445,949-22,392-3,016-7,8792,854-25,68813,095-22,6252348,100-10,065-34,143
Employee Costs93,54144,80498,959111,302110,91633,55736,72039,38237,72239,38139,47837,22600
Number Of Employees42444111111100
EBITDA*-30,276-26,6447,344-22,392-3,016-7,8793,568-25,72616,529-22,63430011,416-9,621-33,691

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets000000000000486972
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets000000000000486972
Stock & work in progress00000000000000
Trade Debtors50,19444,72751,96330,22430,33332,98055,86240,8780010,4203,09800
Group Debtors00000000000000
Misc Debtors0000000030,15120,01117,31310,6334,2947,566
Cash0000000015,2483,3402752,9403,28913,593
misc current assets00000000000000
total current assets50,19444,72751,96330,22430,33332,98055,86240,87845,39923,35128,00816,6717,58321,159
total assets50,19444,72751,96330,22430,33332,98055,86240,87845,39923,35128,00816,6718,06922,131
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 193,134156,058135,539131,749109,466109,097122,900110,77090,80181,84863,880000
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities0000000000052,77752,27556,272
total current liabilities193,134156,058135,539131,749109,466109,097122,900110,77090,80181,84863,88052,77752,27556,272
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income0000001,2001,200000000
other liabilities9,55610,88912,00000000000000
provisions00000000000000
total long term liabilities9,55610,88912,0000001,2001,200000000
total liabilities202,690166,947147,539131,749109,466109,097124,100111,97090,80181,84863,88052,77752,27556,272
net assets-152,496-122,220-95,576-101,525-79,133-76,117-68,238-71,092-45,402-58,497-35,872-36,106-44,206-34,141
total shareholders funds-152,496-122,220-95,576-101,525-79,133-76,117-68,238-71,092-45,402-58,497-35,872-36,106-44,206-34,141
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-30,276-26,6447,344-22,392-3,016-7,8793,568-25,72616,529-22,63430010,930-10,107-34,177
Depreciation00000000000486486486
Amortisation00000000000000
Tax00-1,395000-7130-3,4810-74-2,84600
Stock00000000000000
Debtors5,467-7,23621,739-109-2,647-22,88214,98410,72710,140-7,72214,0029,437-3,2727,566
Creditors37,07620,5193,79022,283369-13,80312,13019,9698,95317,96863,880000
Accruals and Deferred Income00000-1,20001,20000-52,777502-3,99756,272
Deferred Taxes & Provisions00000000000000
Cash flow from operations1,3331,111-12,0000001-15,28411,8613,056-2,673-365-10,34615,015
Investing Activities
capital expenditure0000000000000-1,458
Change in Investments00000000000000
cash flow from investments0000000000000-1,458
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-1,333-1,11112,00000000000000
share issue0000000-2000002
interest0000000384698164234
cash flow from financing-1,333-1,11112,0000000364698164236
cash and cash equivalents
cash0000000-15,24811,9083,065-2,665-349-10,30413,593
overdraft00000000000000
change in cash0000000-15,24811,9083,065-2,665-349-10,30413,593

martin tiling 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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Martin Tiling Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for martin tiling limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in CR4 area or any other competitors across 12 key performance metrics.

martin tiling limited Ownership

MARTIN TILING LIMITED group structure

Martin Tiling Limited has no subsidiary companies.

Ultimate parent company

MARTIN TILING LIMITED

06048387

MARTIN TILING LIMITED Shareholders

tristan neville martin 50%
neville octavious martin 50%

martin tiling limited directors

Martin Tiling Limited currently has 2 directors. The longest serving directors include Mr Tristan Martin (Jan 2007) and Mr Neville Martin (Jan 2007).

officercountryagestartendrole
Mr Tristan Martin42 years Jan 2007- Director
Mr Neville Martin69 years Jan 2007- Director

P&L

March 2023

turnover

411.8k

+14%

operating profit

-30.3k

0%

gross margin

21%

+3.79%

turnover

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

Balance Sheet

March 2023

net assets

-152.5k

+0.25%

total assets

50.2k

+0.12%

cash

0

0%

net assets

Total assets minus all liabilities

martin tiling limited company details

company number

06048387

Type

Private limited with Share Capital

industry

43330 - Floor and wall covering

incorporation date

January 2007

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

KOJO & CO

auditor

-

address

118-120 london road, mitcham, surrey, CR4 3LB

Bank

-

Legal Advisor

-

martin tiling 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 martin tiling limited.

charges

martin tiling limited Companies House Filings - See Documents

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