t2 architects limited

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t2 architects limited Company Information

Share T2 ARCHITECTS LIMITED

Company Number

06257882

Shareholders

jeremy tyrrell ltd

Group Structure

View All

Industry

Architectural activities

 

Registered Address

the old post office, 41-43 market place, chippenham, wiltshire, SN15 3HR

t2 architects limited Estimated Valuation

£363.2k

Pomanda estimates the enterprise value of T2 ARCHITECTS LIMITED at £363.2k based on a Turnover of £717.3k and 0.51x industry multiple (adjusted for size and gross margin).

t2 architects limited Estimated Valuation

£145k

Pomanda estimates the enterprise value of T2 ARCHITECTS LIMITED at £145k based on an EBITDA of £29.4k and a 4.93x industry multiple (adjusted for size and gross margin).

t2 architects limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of T2 ARCHITECTS LIMITED at £1.1m based on Net Assets of £306.3k and 3.74x industry multiple (adjusted for liquidity).

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T2 Architects Limited Overview

T2 Architects Limited is a live company located in chippenham, SN15 3HR with a Companies House number of 06257882. It operates in the architectural activities sector, SIC Code 71111. Founded in May 2007, it's largest shareholder is jeremy tyrrell ltd with a 100% stake. T2 Architects Limited is a established, small sized company, Pomanda has estimated its turnover at £717.3k with healthy growth in recent years.

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T2 Architects Limited Health Check

Pomanda's financial health check has awarded T2 Architects Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £717.3k, make it in line with the average company (£754.2k)

£717.3k - T2 Architects Limited

£754.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.1%)

9% - T2 Architects Limited

6.1% - Industry AVG

production

Production

with a gross margin of 35.8%, this company has a higher cost of product (48%)

35.8% - T2 Architects Limited

48% - Industry AVG

profitability

Profitability

an operating margin of 4.1% make it less profitable than the average company (8.9%)

4.1% - T2 Architects Limited

8.9% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (11)

8 - T2 Architects Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.8k, the company has an equivalent pay structure (£50.8k)

£50.8k - T2 Architects Limited

£50.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £89.7k, this is equally as efficient (£89.6k)

£89.7k - T2 Architects Limited

£89.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 167 days, this is later than average (82 days)

167 days - T2 Architects Limited

82 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 39 days, this is slower than average (25 days)

39 days - T2 Architects Limited

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - T2 Architects Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - T2 Architects Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.5%, this is a lower level of debt than the average (50.5%)

14.5% - T2 Architects Limited

50.5% - Industry AVG

T2 ARCHITECTS LIMITED financials

EXPORTms excel logo

T2 Architects Limited's latest turnover from March 2024 is estimated at £717.3 thousand and the company has net assets of £306.3 thousand. According to their latest financial statements, T2 Architects Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover717,330620,608523,880548,567433,012325,426535,598417,755118,220355,307132,218104,44155,32528,87152,750
Other Income Or Grants000000000000000
Cost Of Sales460,391399,861318,348240,690298,993219,185361,518274,53773,541226,47484,01765,22034,50317,91331,379
Gross Profit256,938220,746205,532307,877134,019106,241174,080143,21844,679128,83448,20139,22120,82110,95721,371
Admin Expenses227,519294,672222,665233,54379,114192,67080,1889,143-112,46111,91131,14359,899-5,157-62,04613,736
Operating Profit29,419-73,926-17,13374,33454,905-86,42993,892134,075157,140116,92317,058-20,67825,97873,0037,635
Interest Payable00616700000000000
Interest Receivable04,688001651,7311,1584785893061661993081710
Pre-Tax Profit29,419-69,238-17,13974,16755,070-84,69895,049134,554157,729117,22917,225-20,47926,28673,1747,635
Tax-7,35508,546-15,509-10,4630-18,059-26,911-31,546-24,618-3,9620-6,834-20,489-2,138
Profit After Tax22,064-69,238-8,59358,65844,607-84,69876,990107,643126,18392,61113,263-20,47919,45252,6855,497
Dividends Paid000000000000000
Retained Profit22,064-69,238-8,59358,65844,607-84,69876,990107,643126,18392,61113,263-20,47919,45252,6855,497
Employee Costs406,024387,235449,798452,346403,441439,190512,640457,83644,266131,41788,94641,21041,46740,80941,783
Number Of Employees88101091012101321111
EBITDA*29,419-71,039-15,31196,84568,974-65,817114,533150,847168,984123,39921,962-15,47129,99475,0779,589

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets27,97215,37412,4986,93727,46735,76131,17842,63739,17216,03510,23515,13911,7181,3925,862
Intangible Assets0013,500001,9815,3778,7735,984000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets27,97215,37425,9986,93727,46737,74236,55551,41045,15616,03510,23515,13911,7181,3925,862
Stock & work in progress00000000000039,54229,98824,327
Trade Debtors330,148307,84498,070109,925168,08792,050208,605123,68448,401134,34346,89336,27306,32616,826
Group Debtors002,7752,7752,7752,7622,7622,7622,762000000
Misc Debtors09,11652,61060,245246,765100,64898,118104,841142,077000000
Cash00220,596348,813103,744226,350235,146227,963154,77280,74841,66324,85254,88268,3930
misc current assets000000000000000
total current assets330,148316,960374,051521,758521,371421,810544,631459,250348,012215,09188,55661,12594,424104,70741,153
total assets358,120332,334400,049528,695548,838459,552581,186510,660393,168231,12698,79176,264106,142106,09947,015
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 50,11145,39012,60513,7509,5117,83951111,6094,34065,14926,66416,57126,71635,07435,923
Group/Directors Accounts000000000000012,7435,332
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities700028,88782,837101,66658,096102,99395,61091,976000000
total current liabilities50,81145,39041,49296,587111,17765,935103,504107,21996,31665,14926,66416,57126,71647,81741,255
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions9662,6654,9401,3183,8074,3703,7376,4867,5402,8481,6092,4381,6920163
total long term liabilities9662,6654,9401,3183,8074,3703,7376,4867,5402,8481,6092,4381,6920163
total liabilities51,77748,05546,43297,905114,98470,305107,241113,705103,85667,99728,27319,00928,40847,81741,418
net assets306,343284,279353,617430,790433,854389,247473,945396,955289,312163,12970,51857,25577,73458,2825,597
total shareholders funds306,343284,279353,617430,790433,854389,247473,945396,955289,312163,12970,51857,25577,73458,2825,597
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit29,419-73,926-17,13374,33454,905-86,42993,892134,075157,140116,92317,058-20,67825,97873,0037,635
Depreciation02,8871,82222,51112,08817,21617,24516,10511,0966,4764,9045,2074,0162,0741,954
Amortisation00001,9813,3963,396667748000000
Tax-7,35508,546-15,509-10,4630-18,059-26,911-31,546-24,618-3,9620-6,834-20,489-2,138
Stock00000000000-39,5429,5545,66124,327
Debtors13,188163,505-19,490-244,682222,167-114,02578,19838,04758,89787,45010,62036,273-6,326-10,50016,826
Creditors4,72132,785-1,1454,2391,6727,328-11,0987,269-60,80938,48510,093-10,145-8,358-84935,923
Accruals and Deferred Income700-28,887-53,950-18,82943,570-44,8977,3833,63491,976000000
Deferred Taxes & Provisions-1,699-2,2753,622-2,489-563633-2,749-1,0544,6921,239-8297461,692-163163
Cash flow from operations12,598-232,921-38,748308,939-118,97711,27211,81295,738114,40051,05516,644-21,60113,26658,4152,384
Investing Activities
capital expenditure-12,5987,737-20,883-1,981-3,794-21,799-5,786-23,026-40,965-12,2760-8,628-14,3422,396-7,816
Change in Investments000000000000000
cash flow from investments-12,5987,737-20,883-1,981-3,794-21,799-5,786-23,026-40,965-12,2760-8,628-14,3422,396-7,816
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000-12,7437,4115,332
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0-100-68,580-61,7220000000000100
interest04,688-6-1671651,7311,1584785893061661993081710
cash flow from financing04,588-68,586-61,8891651,7311,158478589306166199-12,4357,5825,432
cash and cash equivalents
cash0-220,596-128,217245,069-122,606-8,7967,18373,19174,02439,08516,811-30,030-13,51168,3930
overdraft000000000000000
change in cash0-220,596-128,217245,069-122,606-8,7967,18373,19174,02439,08516,811-30,030-13,51168,3930

t2 architects 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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T2 Architects Limited Competitor Analysis

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Perform a competitor analysis for t2 architects limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SN15 area or any other competitors across 12 key performance metrics.

t2 architects limited Ownership

T2 ARCHITECTS LIMITED group structure

T2 Architects Limited has no subsidiary companies.

Ultimate parent company

1 parent

T2 ARCHITECTS LIMITED

06257882

T2 ARCHITECTS LIMITED Shareholders

jeremy tyrrell ltd 100%

t2 architects limited directors

T2 Architects Limited currently has 2 directors. The longest serving directors include Mr Jeremy Tyrrell (May 2007) and Mrs Catherine Tyrrell (Mar 2022).

officercountryagestartendrole
Mr Jeremy TyrrellEngland47 years May 2007- Director
Mrs Catherine TyrrellEngland52 years Mar 2022- Director

P&L

March 2024

turnover

717.3k

+16%

operating profit

29.4k

0%

gross margin

35.9%

+0.7%

turnover

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

Balance Sheet

March 2024

net assets

306.3k

+0.08%

total assets

358.1k

+0.08%

cash

0

0%

net assets

Total assets minus all liabilities

t2 architects limited company details

company number

06257882

Type

Private limited with Share Capital

industry

71111 - Architectural activities

incorporation date

May 2007

age

18

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

CLEAR VISION FINANCIAL MANAGEMENT LIMITED

auditor

-

address

the old post office, 41-43 market place, chippenham, wiltshire, SN15 3HR

Bank

-

Legal Advisor

-

t2 architects 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 t2 architects limited.

t2 architects 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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t2 architects limited Companies House Filings - See Documents

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