T I C Finance Limited

POWER SEARCH PRICING

SOLUTIONS

t i c finance limited Company Information

Company Number

06288152

Next Accounts

6 days late

Directors

Herjit Kataria

Shareholders

herjit singh kataria

hashleen kataria

Group Structure

View All

Industry

Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.

Registered Address

148 cranbrook road, ilford, essex, IG1 4LZ

Website

www.ticfinance.co.uk

t i c finance limited Estimated Valuation

£11.8m

Pomanda estimates the enterprise value of T I C FINANCE LIMITED at £11.8m based on a Turnover of £6.2m and 1.9x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

T I C Finance Limited is a live company located in essex, IG1 4LZ with a Companies House number of 06288152. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in June 2007, it's largest shareholder is herjit singh kataria with a 90% stake. T I C Finance Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.2m with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded T I C Finance Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

4 Strong

1 Regular

5 Weak

Size

annual sales of £6.2m, make it larger than the average company (£2.5m)

Growth

3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (2.9%)

EXPORT

T I C Finance Limited's latest turnover from June 2023 is estimated at £6.2 million and the company has net assets of £515.5 thousand. According to their latest financial statements, T I C Finance Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	6,193,833	4,825,541	3,773,165	2,668,365	6,345,757	3,656,120	1,699,833	574,270	144,771	190,120	103,579	124,750	89,554	78,625
Other Income Or Grants
Cost Of Sales	4,060,968	3,195,966	2,789,092	1,791,396	4,189,883	2,252,572	1,073,214	354,616	91,057	126,985	71,378	86,370	62,714	53,891
Gross Profit	2,132,865	1,629,575	984,073	876,969	2,155,874	1,403,548	626,619	219,654	53,714	63,135	32,201	38,380	26,841	24,734
Admin Expenses	2,102,212	1,601,042	993,480	843,860	2,007,242	1,311,339	550,434	143,937	15,412	37,968	25,423	39,444	7,820	-66,345
Operating Profit	30,653	28,533	-9,407	33,109	148,632	92,209	76,185	75,717	38,302	25,167	6,778	-1,064	19,021	91,079
Interest Payable
Interest Receivable							26	124	136	69	5		2	2
Pre-Tax Profit	30,653	28,533	-9,407	33,109	148,632	92,209	76,211	75,841	38,438	25,235	6,783	-1,064	19,023	91,081
Tax	-7,663	-5,421		-6,291	-28,240	-17,520	-14,480	-15,168	-7,687	-5,299	-1,560		-4,946	-25,503
Profit After Tax	22,990	23,112	-9,407	26,818	120,392	74,689	61,731	60,673	30,750	19,936	5,223	-1,064	14,077	65,578
Dividends Paid
Retained Profit	22,990	23,112	-9,407	26,818	120,392	74,689	61,731	60,673	30,750	19,936	5,223	-1,064	14,077	65,578
Employee Costs	77,803	77,376	70,692	69,858	858,603	530,256	247,045	88,745	28,487	27,635	27,877	26,814	26,198	25,705
Number Of Employees	2	2	2	2	25	16	8	3	1	1	1	1	1	1
EBITDA*	30,653	28,533	-9,407	33,109	148,632	92,209	76,185	75,717	38,302	25,167	6,778	-1,064	19,021	91,079

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors	15,202,375	12,823,152	12,369,776	7,456,422	9,169,175	5,047,259	2,321,064	624,650	149,578	115,466	112,000	111,254	107,001	86,927
Group Debtors
Misc Debtors
Cash								20,684	28,924	25,431	2,076	4	135	694
misc current assets
total current assets	15,202,375	12,823,152	12,369,776	7,456,422	9,169,175	5,047,259	2,321,064	645,334	178,502	140,897	114,076	111,258	107,136	87,621
total assets	15,202,375	12,823,152	12,369,776	7,456,422	9,169,175	5,047,259	2,321,064	645,334	178,502	140,897	114,076	111,258	107,136	87,621
Bank overdraft
Bank loan
Trade Creditors	14,618,877	12,265,644	11,838,380	6,968,619	8,711,190	4,712,666	2,053,660	450,159	44,000	37,145	30,260	32,665	27,479	22,041
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities					6,000	3,000	10,500
total current liabilities	14,618,877	12,265,644	11,838,380	6,968,619	8,717,190	4,715,666	2,064,160	450,159	44,000	37,145	30,260	32,665	27,479	22,041
loans
hp & lease commitments
Accruals and Deferred Income	18,000	15,000	12,000
other liabilities	50,000	50,000	50,000	9,000
provisions
total long term liabilities	68,000	65,000	62,000	9,000
total liabilities	14,686,877	12,330,644	11,900,380	6,977,619	8,717,190	4,715,666	2,064,160	450,159	44,000	37,145	30,260	32,665	27,479	22,041
net assets	515,498	492,508	469,396	478,803	451,985	331,593	256,904	195,175	134,502	103,752	83,816	78,593	79,657	65,580
total shareholders funds	515,498	492,508	469,396	478,803	451,985	331,593	256,904	195,175	134,502	103,752	83,816	78,593	79,657	65,580

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	30,653	28,533	-9,407	33,109	148,632	92,209	76,185	75,717	38,302	25,167	6,778	-1,064	19,021	91,079
Depreciation
Amortisation
Tax	-7,663	-5,421		-6,291	-28,240	-17,520	-14,480	-15,168	-7,687	-5,299	-1,560		-4,946	-25,503
Stock
Debtors	2,379,223	453,376	4,913,354	-1,712,753	4,121,916	2,726,195	1,696,414	475,072	34,112	3,466	746	4,253	20,074	86,927
Creditors	2,353,233	427,264	4,869,761	-1,742,571	3,998,524	2,659,006	1,603,501	406,159	6,855	6,885	-2,405	5,186	5,438	22,041
Accruals and Deferred Income	3,000	3,000	12,000	-6,000	3,000	-7,500	10,500
Deferred Taxes & Provisions
Cash flow from operations			-41,000	-9,000			-20,708	-8,364	3,358	23,287	2,067	-131	-561	690
Investing Activities
capital expenditure
Change in Investments
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			41,000	9,000
share issue							-2							2
interest							26	124	136	69	5		2	2
cash flow from financing			41,000	9,000			24	124	136	69	5		2	4
cash and cash equivalents
cash							-20,684	-8,240	3,493	23,355	2,072	-131	-559	694
overdraft
change in cash							-20,684	-8,240	3,493	23,355	2,072	-131	-559	694

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for t i c finance limited. Get real-time insights into t i c finance limited'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 t i c finance limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in IG1 area or any other competitors across 12 key performance metrics.

T I C FINANCE LIMITED group structure

T I C Finance Limited has no subsidiary companies.

Ultimate parent company

T I C FINANCE LIMITED

06288152

T I C FINANCE LIMITED Shareholders

herjit singh kataria	90%
hashleen kataria	10%

T I C Finance Limited currently has 1 director, Mr Herjit Kataria serving since Jun 2007.

officer	country	age	start	end	role
Mr Herjit Kataria	United Kingdom	57 years	Jun 2007	-	Director

P&L

June 2023

turnover

6.2m

+28%

operating profit

30.7k

gross margin

34.5%

+1.97%

turnover

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

Balance Sheet

June 2023

net assets

515.5k

+0.05%

total assets

15.2m

+0.19%

cash

net assets

Total assets minus all liabilities

Similar Companies

noble pullet finance limited

giltband finance limited

lendy ltd

2.5

fff capital limited

lamarose finance limited

company number

06288152

Type

Private limited with Share Capital

industry

64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.

68100 - Buying and selling of own real estate

55100 - Hotels and similar accommodation

incorporation date

June 2007

ultimate parent company

None

previous names

N/A

address

148 cranbrook road, ilford, essex, IG1 4LZ

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 t i c finance limited.

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 T I C FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.

t i c finance limited Company Information

t i c finance limited Estimated Valuation

t i c finance limited Estimated Valuation

t i c finance limited Estimated Valuation

T I C Finance Limited Overview

T I C Finance Limited Health Check

T I C FINANCE LIMITED financials

t i c finance limited Credit Report and Business Information

T I C Finance Limited Competitor Analysis

t i c finance limited Ownership

t i c finance limited directors

t i c finance limited company details

t i c finance limited Charges & Mortgages

t i c finance limited Capital Raised & Share Issues BETA

t i c finance limited Companies House Filings - See Documents