On Tap Property Services Ltd

POWER SEARCH PRICING

SOLUTIONS

on tap property services ltd Company Information

Live

EstablishedMicroHigh

Company Number

06058405

Next Accounts

Nov 2025

Industry

Plumbing, heat and air-conditioning installation

Directors

Robin Raggio

Elliott Raggio

Shareholders

elliott raggio

robin raggio

Group Structure

View All

Contact

Registered Address

c/o brennan herriott & co, 1 blatchington road, hove, east sussex, BN3 3YP

Website

www.handymanontap.com

on tap property services ltd Estimated Valuation

£175.1k

Pomanda estimates the enterprise value of ON TAP PROPERTY SERVICES LTD at £175.1k based on a Turnover of £391.3k and 0.45x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

On Tap Property Services Ltd is a live company located in hove, BN3 3YP with a Companies House number of 06058405. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in January 2007, it's largest shareholder is elliott raggio with a 98% stake. On Tap Property Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £391.3k with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded On Tap Property Services Ltd a 2 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 Rating2out of 5

3 Strong

2 Regular

5 Weak

Size

annual sales of £391.3k, make it in line with the average company (£348.5k)

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (9.7%)

EXPORT

On Tap Property Services Ltd's latest turnover from February 2024 is estimated at £391.3 thousand and the company has net assets of -£8.8 thousand. According to their latest financial statements, On Tap Property Services Ltd has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Feb 2024	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Feb 2019	Feb 2018	Feb 2017	Feb 2016	Feb 2015	Feb 2014	Feb 2013	Feb 2012	Feb 2011	Feb 2010
Turnover	391,324	245,668	232,293	256,998	260,115	307,394	666,342	204,392	285,161	272,890	314,329	190,308	187,169	102,704	63,183
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	320,908	201,912	190,339	210,428	210,572	244,871	272,811	158,911	224,594	211,448	244,553	143,621	139,445	75,046	46,525
Gross Profit	70,417	43,756	41,955	46,570	49,543	62,523	393,531	45,481	60,567	61,442	69,776	46,687	47,725	27,658	16,658
Admin Expenses	95,632	24,739	41,150	53,545	33,269	17,002	438,426	53,834	72,949	72,618	30,735	51,625	34,462	36,993	3,228
Operating Profit	-25,215	19,017	805	-6,975	16,274	45,521	-44,895	-8,353	-12,382	-11,176	39,041	-4,938	13,263	-9,335	13,430
Interest Payable	0	0	0	0	0	476	0	0	0	0	0	117	234	153	36
Interest Receivable	0	0	0	0	0	0	0	0	45	78	44	11	0	7	7
Pre-Tax Profit	-25,215	19,017	805	-6,975	16,274	45,044	-45,354	-8,353	-12,337	-11,098	39,086	-5,044	13,028	-9,481	13,401
Tax	0	-3,613	-153	0	-3,092	-8,558	0	0	0	0	-8,990	0	-3,387	0	-3,752
Profit After Tax	-25,215	15,404	652	-6,975	13,182	36,486	-45,354	-8,353	-12,337	-11,098	30,096	-5,044	9,641	-9,481	9,649
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-25,215	15,404	652	-6,975	13,182	36,486	-45,354	-8,353	-12,337	-11,098	30,096	-5,044	9,641	-9,481	9,649
Employee Costs	289,035	272,054	289,074	281,628	310,235	310,189	303,985	34,281	71,277	34,545	71,311	34,370	34,943	32,138	32,691
Number Of Employees	9	9	9	9	9	9	9	1	2	1	2	1	1	1	1
EBITDA*	-25,215	19,017	805	-6,975	16,274	45,521	-41,784	-8,353	-7,306	-8,309	39,940	-3,837	14,547	-8,946	13,511

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Feb 2024	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Feb 2019	Feb 2018	Feb 2017	Feb 2016	Feb 2015	Feb 2014	Feb 2013	Feb 2012	Feb 2011	Feb 2010
Tangible Assets	15,787	20,393	26,516	4,897	6,529	7,270	9,335	11,217	15,377	20,119	2,698	3,597	4,199	4,366	242
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	15,787	20,393	26,516	4,897	6,529	7,270	9,335	11,217	15,377	20,119	2,698	3,597	4,199	4,366	242
Stock & work in progress	0	0	0	0	0	0	15,000	0	15,000	0	0	0	0	0	0
Trade Debtors	72,270	29,285	37,878	62,432	41,329	44,689	35,158	44,774	88,640	74,554	77,077	38,025	41,649	16,469	6,123
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	32,708	0	0	418	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	0	0	18,045	13,337	4,383	0	0	2,835
misc current assets	0	0	0	0	0	0	1,949	0	0	0	0	0	0	0	0
total current assets	72,270	61,993	37,878	62,432	41,747	44,689	52,107	44,774	103,640	92,599	90,414	42,408	41,649	16,469	8,958
total assets	88,057	82,386	64,394	67,329	48,276	51,959	61,442	55,991	119,017	112,718	93,112	46,005	45,848	20,835	9,200
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	3,598	3,614	1,103
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	76,474	36,321	23,570	10,259	34,056	57,854	5,151	52,918	53,766	49,043	69,609	57,364	58,374	43,154	34,198
Group/Directors Accounts	0	0	0	0	0	0	41,812	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	14,113	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	27,549	0	0	0	0	0	0	0	0
total current liabilities	76,474	36,321	23,570	10,259	34,056	57,854	88,625	52,918	53,766	49,043	69,609	57,364	61,972	46,768	35,301
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	3,008	0	0	0	0	0	0	0	0
Accruals and Deferred Income	6,126	5,502	6,720	6,758	6,933	0	12,090	0	0	0	0	0	0	0	0
other liabilities	14,304	24,195	33,140	50,000	0	0	0	0	10,559	16,409	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	20,430	29,697	39,860	56,758	6,933	0	15,098	0	10,559	16,409	0	0	0	0	0
total liabilities	96,904	66,018	63,430	67,017	40,989	57,854	103,723	52,918	64,325	65,452	69,609	57,364	61,972	46,768	35,301
net assets	-8,847	16,368	964	312	7,287	-5,895	-42,281	3,073	54,692	47,266	23,503	-11,359	-16,124	-25,933	-26,101
total shareholders funds	-8,847	16,368	964	312	7,287	-5,895	-42,281	3,073	54,692	47,266	23,503	-11,359	-16,124	-25,933	-26,101

	Feb 2024	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Feb 2019	Feb 2018	Feb 2017	Feb 2016	Feb 2015	Feb 2014	Feb 2013	Feb 2012	Feb 2011	Feb 2010
Operating Activities
Operating Profit	-25,215	19,017	805	-6,975	16,274	45,521	-44,895	-8,353	-12,382	-11,176	39,041	-4,938	13,263	-9,335	13,430
Depreciation	0	0	0	0	0	0	3,111	0	5,076	2,867	899	1,101	1,284	389	81
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-3,613	-153	0	-3,092	-8,558	0	0	0	0	-8,990	0	-3,387	0	-3,752
Stock	0	0	0	0	0	-15,000	15,000	-15,000	15,000	0	0	0	0	0	0
Debtors	10,277	24,115	-24,554	20,685	-2,942	9,531	-9,616	-43,866	14,086	-2,523	39,052	-3,624	25,180	10,346	6,123
Creditors	40,153	12,751	13,311	-23,797	-23,798	52,703	-47,767	-848	4,723	-20,566	12,245	-1,010	15,220	8,956	34,198
Accruals and Deferred Income	624	-1,218	-38	-175	6,933	-39,639	39,639	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	5,285	2,822	38,479	-51,632	-741	55,496	-55,296	49,665	-31,669	-26,352	4,143	-1,223	1,200	-10,336	37,834
Investing Activities
capital expenditure	4,606	6,123	-21,619	1,632	741	2,065	-1,229	4,160	-334	-20,288	0	-499	-1,117	-4,513	-323
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	4,606	6,123	-21,619	1,632	741	2,065	-1,229	4,160	-334	-20,288	0	-499	-1,117	-4,513	-323
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	-41,812	41,812	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	-14,113	14,113	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	-3,008	3,008	0	0	0	0	0	0	0	0
other long term liabilities	-9,891	-8,945	-16,860	50,000	0	0	0	-10,559	-5,850	16,409	0	0	0	0	0
share issue	0	0	0	0	0	-100	0	-43,266	19,763	34,861	4,766	9,809	168	9,649	-35,750
interest	0	0	0	0	0	-476	0	0	45	78	44	-106	-234	-146	-29
cash flow from financing	-9,891	-8,945	-16,860	50,000	0	-59,509	58,933	-53,825	13,958	51,348	4,810	9,703	-66	9,503	-35,779
cash and cash equivalents
cash	0	0	0	0	0	0	0	0	-18,045	4,708	8,954	4,383	0	-2,835	2,835
overdraft	0	0	0	0	0	0	0	0	0	0	0	-3,598	-16	2,511	1,103
change in cash	0	0	0	0	0	0	0	0	-18,045	4,708	8,954	7,981	16	-5,346	1,732

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for on tap property services ltd. Get real-time insights into on tap property services ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for on tap property services ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.

ON TAP PROPERTY SERVICES LTD group structure

On Tap Property Services Ltd has no subsidiary companies.

Ultimate parent company

ON TAP PROPERTY SERVICES LTD

06058405

ON TAP PROPERTY SERVICES LTD Shareholders

elliott raggio	98%
robin raggio	2%

On Tap Property Services Ltd currently has 2 directors. The longest serving directors include Mr Robin Raggio (Feb 2007) and Mr Elliott Raggio (Jan 2009).

officer	country	age	start	end	role
Mr Robin Raggio	United Kingdom	64 years	Feb 2007	-	Director
Mr Elliott Raggio	United Kingdom	39 years	Jan 2009	-	Director

P&L

February 2024

turnover

391.3k

+59%

operating profit

-25.2k

gross margin

18%

+1.03%

turnover

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

Balance Sheet

February 2024

net assets

-8.8k

-1.54%

total assets

88.1k

+0.07%

cash

net assets

Total assets minus all liabilities

Similar Companies

i m dunkerton plumbing & heating ltd

hampshire property maintenance ltd.

neptune property services ltd.

0.5

m & s bathrooms limited

jrp projects (southern) limited

2.5

company number

06058405

Type

Private limited with Share Capital

industry

43220 - Plumbing, heat and air-conditioning installation

incorporation date

January 2007

ultimate parent company

None

previous names

plumbing on tap limited (August 2012)

plumbing on tap (hove) limited (April 2010)

address

c/o brennan herriott & co, 1 blatchington road, hove, east sussex, BN3 3YP

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 1 charges/mortgages relating to on tap property services ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

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 ON TAP PROPERTY SERVICES LTD. This can take several minutes, an email will notify you when this has completed.

on tap property services ltd Company Information

on tap property services ltd Estimated Valuation

on tap property services ltd Estimated Valuation

on tap property services ltd Estimated Valuation

On Tap Property Services Ltd Overview

On Tap Property Services Ltd Health Check

ON TAP PROPERTY SERVICES LTD financials

on tap property services ltd Credit Report and Business Information

On Tap Property Services Ltd Competitor Analysis

on tap property services ltd Ownership

on tap property services ltd directors

on tap property services ltd company details

on tap property services ltd Charges & Mortgages

on tap property services ltd Capital Raised & Share Issues BETA

on tap property services ltd Companies House Filings - See Documents