t land limited

Live EstablishedMicroDeclining

t land limited Company Information

Share T LAND LIMITED

Company Number

06325433

Directors

Guy Bowen

Malcolm Baxter

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Shareholders

heart church

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

104-114 talbot street, nottingham, nottinghamshire, NG1 5GL

t land limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of T LAND LIMITED at £1m based on a Turnover of £309.1k and 3.28x industry multiple (adjusted for size and gross margin).

t land limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of T LAND LIMITED at £3.2m based on an EBITDA of £497.4k and a 6.42x industry multiple (adjusted for size and gross margin).

t land limited Estimated Valuation

£14.4k

Pomanda estimates the enterprise value of T LAND LIMITED at £14.4k based on Net Assets of £8.2k and 1.75x industry multiple (adjusted for liquidity).

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T Land Limited Overview

T Land Limited is a live company located in nottinghamshire, NG1 5GL with a Companies House number of 06325433. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2007, it's largest shareholder is heart church with a 100% stake. T Land Limited is a established, micro sized company, Pomanda has estimated its turnover at £309.1k with declining growth in recent years.

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T Land Limited Health Check

Pomanda's financial health check has awarded T Land Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £309.1k, make it smaller than the average company (£1.1m)

£309.1k - T Land Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (3.6%)

-27% - T Land Limited

3.6% - Industry AVG

production

Production

with a gross margin of 70.8%, this company has a comparable cost of product (70.8%)

70.8% - T Land Limited

70.8% - Industry AVG

profitability

Profitability

an operating margin of 160.9% make it more profitable than the average company (21.5%)

160.9% - T Land Limited

21.5% - Industry AVG

employees

Employees

with 5 employees, this is above the industry average (4)

5 - T Land Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)

£33.1k - T Land Limited

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £61.8k, this is less efficient (£202.5k)

£61.8k - T Land Limited

£202.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is earlier than average (33 days)

5 days - T Land Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is quicker than average (34 days)

23 days - T Land Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - T Land Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 83 weeks, this is more cash available to meet short term requirements (10 weeks)

83 weeks - T Land Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 41.4%, this is a lower level of debt than the average (71.5%)

41.4% - T Land Limited

71.5% - Industry AVG

T LAND LIMITED financials

EXPORTms excel logo

T Land Limited's latest turnover from December 2023 is estimated at £309.1 thousand and the company has net assets of £8.2 thousand. According to their latest financial statements, T Land Limited has 5 employees and maintains cash reserves of £9.3 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 2011Nov 2010Dec 2009
Turnover309,135743,840657,899779,7164,0845,0724,2822,7042,7042,6982,6682,642114,510510
Other Income Or Grants
Cost Of Sales90,329218,499207,605243,8801,3551,5991,2547518971,00999597142,114162
Gross Profit218,806525,341450,294535,8362,7293,4733,0281,9531,8071,6891,6731,67172,396348
Admin Expenses-278,642559,222369,601619,627116,91972,1395,53619,77710,00111,0885,7723,52856,441-162
Operating Profit497,448-33,88180,693-83,791-114,190-68,666-2,508-17,824-8,194-9,399-4,099-1,85715,955510
Interest Payable11,62511,07610,15610,44310,85011,62311,23010,85011,9444,521
Interest Receivable9071,24311644
Pre-Tax Profit498,355-32,63880,809-83,747-125,815-79,742-12,664-28,267-19,044-21,022-15,329-12,7074,011-4,011
Tax-124,589-15,3542,470-47,432-206-26,186
Profit After Tax373,766-32,63865,455-83,747-123,345-127,174-12,870-54,453-19,044-21,022-15,329-12,7074,011-4,011
Dividends Paid
Retained Profit373,766-32,63865,455-83,747-123,345-127,174-12,870-54,453-19,044-21,022-15,329-12,7074,011-4,011
Employee Costs165,280156,983150,942142,109145,969140,045133,573133,33326,66725,68924,50024,20023,80224,268
Number Of Employees55555555111111
EBITDA*497,448-33,88180,693-83,791-114,190-68,666-2,508-17,824-8,194-9,399-4,099-1,85715,955510

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Nov 2010Dec 2009
Tangible Assets
Intangible Assets
Investments & Other1,100,0001,100,0001,124,0001,124,0001,124,0001,124,0001,124,0001,124,0001,124,000310,000310,000310,000310,000
Debtors (Due After 1 year)
Total Fixed Assets1,100,0001,100,0001,124,0001,124,0001,124,0001,124,0001,124,0001,124,0001,124,000310,000310,000310,000310,000
Stock & work in progress
Trade Debtors4,7394,1444,1434,1414,0804,0802,040
Group Debtors
Misc Debtors60581,58573653754778654625511
Cash9,33225,21845,83647,06641,7196,3145,5294,4462,0553198252,45068,588
misc current assets
total current assets14,07129,36249,97951,20745,85910,4529,1545,1822,1081,0731,6033,10469,213511
total assets14,0711,129,3621,149,9791,175,2071,169,8591,134,4521,133,1541,129,1821,126,1081,125,073311,603313,104379,213310,511
Bank overdraft
Bank loan
Trade Creditors 5,824698,262686,241759,54310,8505,425
Group/Directors Accounts631,622501,764423,444406,808376,147354,730332,078310,000368,203314,521
other short term finances
hp & lease commitments
other current liabilities38,8267,4624,7424,7424,0625,4007,5604,9605,584
total current liabilities5,824698,262686,241759,543670,448509,226428,186411,550380,209360,130339,638325,810379,212314,521
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions92,75487,38974,91371,35473,82426,39226,186
total long term liabilities92,75487,38974,91371,35473,82426,39226,186
total liabilities5,824791,016773,630834,456741,802583,050454,578437,736380,209360,130339,638325,810379,212314,521
net assets8,247338,346376,349340,751428,057551,402678,576691,446745,899764,943-28,035-12,7061-4,010
total shareholders funds8,247338,346376,349340,751428,057551,402678,576691,446745,899764,943-28,035-12,7061-4,010
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Nov 2010Dec 2009
Operating Activities
Operating Profit497,448-33,88180,693-83,791-114,190-68,666-2,508-17,824-8,194-9,399-4,099-1,85715,955510
Depreciation
Amortisation
Tax-124,589-15,3542,470-47,432-206-26,186
Stock
Debtors59512125132,889683-701-2412429114511
Creditors-692,43812,021-73,302759,543-10,8505,4255,425
Accruals and Deferred Income-38,82631,3642,720680-1,338-2,1602,600-6245,584
Deferred Taxes & Provisions-92,7545,36512,4763,559-2,47047,43220626,186
Cash flow from operations-412,928-16,4964,511640,484-82,828-66,459-5,397-17,827-8,831-11,535-12,4732,91526,850-1
Investing Activities
capital expenditure
Change in Investments-1,100,000-24,000814,000310,000
cash flow from investments1,100,00024,000-814,000-310,000
Financing Activities
Bank loans
Group/Directors Accounts-631,622129,85878,32016,63630,66121,41722,65222,078-58,20353,682314,521
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-703,865-5,365-29,857-3,559814,0001
interest9071,24311644-11,625-11,076-10,156-10,443-10,850-11,623-11,230-10,850-11,944-4,521
cash flow from financing-702,958-4,122-29,741-635,137118,23367,2446,48020,21810,567825,02910,848-69,05341,738310,001
cash and cash equivalents
cash-15,886-20,618-1,2305,34735,4057851,0832,3911,736-506-1,625-66,13868,588
overdraft
change in cash-15,886-20,618-1,2305,34735,4057851,0832,3911,736-506-1,625-66,13868,588

t land 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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T Land Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for t land limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NG1 area or any other competitors across 12 key performance metrics.

t land limited Ownership

T LAND LIMITED group structure

T Land Limited has no subsidiary companies.

Ultimate parent company

1 parent

T LAND LIMITED

06325433

T LAND LIMITED Shareholders

heart church 100%

t land limited directors

T Land Limited currently has 4 directors. The longest serving directors include Mr Guy Bowen (Jul 2007) and Mr Malcolm Baxter (Mar 2014).

officercountryagestartendrole
Mr Guy BowenUnited Kingdom53 years Jul 2007- Director
Mr Malcolm Baxter61 years Mar 2014- Director
Mr James GillEngland48 years Jun 2015- Director
Mr Matthew PurdomEngland48 years Jun 2018- Director

P&L

December 2023

turnover

309.1k

-58%

operating profit

497.4k

0%

gross margin

70.8%

+0.22%

turnover

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

Balance Sheet

December 2023

net assets

8.2k

-0.98%

total assets

14.1k

-0.99%

cash

9.3k

-0.63%

net assets

Total assets minus all liabilities

t land limited company details

company number

06325433

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

July 2007

age

18

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

PAGE KIRK LLP

auditor

-

address

104-114 talbot street, nottingham, nottinghamshire, NG1 5GL

Bank

ALLIED IRISH BANK

Legal Advisor

-

t land 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 found 2 charges/mortgages relating to t land limited. Currently there are 2 open charges and 0 have been satisfied in the past.

t land 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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t land limited Companies House Filings - See Documents

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