tunnel market ltd

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tunnel market ltd Company Information

Share TUNNEL MARKET LTD

Company Number

06479407

Shareholders

triangle extension's limited

Group Structure

View All

Industry

Retail sale via stalls and markets of other goods

 

Registered Address

labs dockray 1-7 dockray place, london, NW1 8QH

Website

-

tunnel market ltd Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of TUNNEL MARKET LTD at £1.3m based on a Turnover of £759.4k and 1.73x industry multiple (adjusted for size and gross margin).

tunnel market ltd Estimated Valuation

£328.1k

Pomanda estimates the enterprise value of TUNNEL MARKET LTD at £328.1k based on an EBITDA of £42.1k and a 7.79x industry multiple (adjusted for size and gross margin).

tunnel market ltd Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of TUNNEL MARKET LTD at £2.6m based on Net Assets of £877.6k and 3.02x industry multiple (adjusted for liquidity).

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Tunnel Market Ltd Overview

Tunnel Market Ltd is a live company located in london, NW1 8QH with a Companies House number of 06479407. It operates in the retail sale via stalls and markets of other goods sector, SIC Code 47890. Founded in January 2008, it's largest shareholder is triangle extension's limited with a 100% stake. Tunnel Market Ltd is a established, small sized company, Pomanda has estimated its turnover at £759.4k with low growth in recent years.

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Tunnel Market Ltd Health Check

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

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £759.4k, make it larger than the average company (£148.2k)

£759.4k - Tunnel Market Ltd

£148.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3.8%)

1% - Tunnel Market Ltd

3.8% - Industry AVG

production

Production

with a gross margin of 90.9%, this company has a lower cost of product (57.5%)

90.9% - Tunnel Market Ltd

57.5% - Industry AVG

profitability

Profitability

an operating margin of -0.6% make it less profitable than the average company (1.5%)

-0.6% - Tunnel Market Ltd

1.5% - Industry AVG

employees

Employees

with 11 employees, this is above the industry average (2)

11 - Tunnel Market Ltd

2 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Tunnel Market Ltd

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £69k, this is equally as efficient (£72.6k)

£69k - Tunnel Market Ltd

£72.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (34 days)

13 days - Tunnel Market Ltd

34 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Tunnel Market Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tunnel Market Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (32 weeks)

0 weeks - Tunnel Market Ltd

32 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 84.1%, this is a similar level of debt than the average (92%)

84.1% - Tunnel Market Ltd

92% - Industry AVG

TUNNEL MARKET LTD financials

EXPORTms excel logo

Tunnel Market Ltd's latest turnover from March 2023 is £759.4 thousand and the company has net assets of £877.6 thousand. According to their latest financial statements, we estimate that Tunnel Market Ltd has 11 employees and maintains cash reserves of £3.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover759,395323,40179,643727,984718,919782,834764,309873,4441,027,8641,019,270970,886686,967656,202645,486
Other Income Or Grants00000000000000
Cost Of Sales68,91136,994258,019638,580303,126345,269340,01500645,461550,258427,810371,670394,097
Gross Profit690,484286,407-178,37689,404415,793437,565424,294873,4441,027,864373,809420,628259,157284,532251,389
Admin Expenses695,189293,712265,191227,382175,857548,004392,085885,288928,461311,029333,407167,419305,370304,768
Operating Profit-4,705-7,305-443,567-137,978239,936-110,43932,209-11,84499,40362,78087,22191,738-20,838-53,379
Interest Payable0000169004734833682391680
Interest Receivable00009130281177664
Pre-Tax Profit-4,705-7,305-443,567-137,978239,929-110,43532,048-11,81698,94162,304186,86091,505-21,000-53,375
Tax16,186-10,6210-9800000-13,3080000
Profit After Tax11,481-17,926-443,567-138,076239,929-110,43532,048-11,81698,94148,996186,86091,505-21,000-53,375
Dividends Paid00000000000000
Retained Profit11,481-17,926-443,567-138,076239,929-110,43532,048-11,81698,94148,996186,86091,505-21,000-53,375
Employee Costs0000000121,623263,793282,696157,39980,14689,589132,375
Number Of Employees1172922126663223
EBITDA*42,12928,691-407,572-112,772254,537-106,63548,798-1,84499,40362,78087,22191,738-20,838-52,479

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets108,548135,874100,063136,06078,07861,878270,50090,488000000
Intangible Assets00000000000000
Investments & Other5,5650000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets114,113135,874100,063136,06078,07861,878270,50090,488000000
Stock & work in progress00000000000000
Trade Debtors28,27817,8127,19918,46728,09749,73163,187023,76613,5626,5615,8944,3990
Group Debtors5,354,8404,554,3974,154,1624,056,4933,096,1583,940,9192,490,4922,235,9452,094,6521,671,3501,235,14800151,391
Misc Debtors7,98544,56190,79443,5028,62776,1279800004,340010,491
Cash3,2506,03566,27738,3748,19636,379342,133299,77246,32348,32334,84221,7937,1290
misc current assets00000000000000
total current assets5,394,3534,622,8054,318,4324,156,8363,141,0784,103,1562,895,9102,535,7172,164,7411,733,2351,276,55132,02711,528161,882
total assets5,508,4664,758,6794,418,4954,292,8963,219,1564,165,0343,166,4102,626,2052,164,7411,733,2351,276,55132,02711,528161,882
Bank overdraft00000000001,860003,338
Bank loan00000000000000
Trade Creditors 008501,4521,4580017,8541,1399,24648006312,895
Group/Directors Accounts4,004,5003,634,4733,337,0752,860,3190001,253,703741,240417,2680245,258322,184446,950
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities626,332247,432196,491103,4791,751,9752,939,2401,830,18150,467106,36589,665106,15138,59132,04031,026
total current liabilities4,630,8323,881,9053,534,4162,965,2501,753,4332,939,2401,830,1811,322,024848,744516,179108,491283,849354,855484,209
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions010,621000000000000
total long term liabilities010,621000000000000
total liabilities4,630,8323,892,5263,534,4162,965,2501,753,4332,939,2401,830,1811,322,024848,744516,179108,491283,849354,855484,209
net assets877,634866,153884,0791,327,6461,465,7231,225,7941,336,2291,304,1811,315,9971,217,0561,168,060-251,822-343,327-322,327
total shareholders funds877,634866,153884,0791,327,6461,465,7231,225,7941,336,2291,304,1811,315,9971,217,0561,168,060-251,822-343,327-322,327
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-4,705-7,305-443,567-137,978239,936-110,43932,209-11,84499,40362,78087,22191,738-20,838-53,379
Depreciation46,83435,99635,99525,20614,6013,80416,58910,000000000
Amortisation0000000000000900
Tax16,186-10,6210-9800000-13,3080000
Stock00000000000000
Debtors774,333364,615133,693985,580-933,8951,513,000317,832117,527433,506443,2031,231,4755,835-157,483161,882
Creditors0-850-602-61,4580-17,85416,715-8,1078,766480-631-2,2642,895
Accruals and Deferred Income378,90050,94193,012-1,648,496-1,187,2651,109,0591,779,714-55,89816,700-16,48667,5606,5511,01431,026
Deferred Taxes & Provisions-10,62110,621000000000000
Cash flow from operations-347,739-285,833-448,855-2,746,9522,625-510,5761,492,826-158,554-325,510-401,451-1,076,21491,823135,395-180,440
Investing Activities
capital expenditure-19,508-71,8072-83,188-30,801204,818-196,601-100,48800000-900
Change in Investments5,5650000000000000
cash flow from investments-25,073-71,8072-83,188-30,801204,818-196,601-100,48800000-900
Financing Activities
Bank loans00000000000000
Group/Directors Accounts370,027297,398476,7562,860,31900-1,253,703512,463323,972417,268-245,258-76,926-124,766446,950
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue000-10000001,233,02200-268,952
interest0000-74028-462-476-361-233-1624
cash flow from financing370,027297,398476,7562,860,318-74-1,253,703512,491323,510416,792987,403-77,159-124,928178,002
cash and cash equivalents
cash-2,785-60,24227,90330,178-28,183-305,75442,361253,449-2,00013,48113,04914,6647,1290
overdraft000000000-1,8601,8600-3,3383,338
change in cash-2,785-60,24227,90330,178-28,183-305,75442,361253,449-2,00015,34111,18914,66410,467-3,338

tunnel market ltd 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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Tunnel Market Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for tunnel market ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NW1 area or any other competitors across 12 key performance metrics.

tunnel market ltd Ownership

TUNNEL MARKET LTD group structure

Tunnel Market Ltd has no subsidiary companies.

Ultimate parent company

LABTECH INVESTMENTS LTD

#0109471

CAMDEN MARKET ESTATE HOLDINGS LTD

#0037478

2 parents

TUNNEL MARKET LTD

06479407

TUNNEL MARKET LTD Shareholders

triangle extension's limited 100%

tunnel market ltd directors

Tunnel Market Ltd currently has 2 directors. The longest serving directors include Mr Eylon Garfunkel (Dec 2018) and Ms Margarita Milosavljevic (Sep 2021).

officercountryagestartendrole
Mr Eylon GarfunkelUnited Kingdom44 years Dec 2018- Director
Ms Margarita Milosavljevic40 years Sep 2021- Director

P&L

March 2023

turnover

759.4k

+135%

operating profit

-4.7k

-36%

gross margin

91%

+2.67%

turnover

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

Balance Sheet

March 2023

net assets

877.6k

+0.01%

total assets

5.5m

+0.16%

cash

3.3k

-0.46%

net assets

Total assets minus all liabilities

tunnel market ltd company details

company number

06479407

Type

Private limited with Share Capital

industry

47890 - Retail sale via stalls and markets of other goods

incorporation date

January 2008

age

17

incorporated

UK

ultimate parent company

LABTECH INVESTMENTS LTD

accounts

Full Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

KPMG LLP

address

labs dockray 1-7 dockray place, london, NW1 8QH

Bank

BARCLAYS BANK PLC

Legal Advisor

-

tunnel market ltd 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 7 charges/mortgages relating to tunnel market ltd. Currently there are 1 open charges and 6 have been satisfied in the past.

tunnel market ltd 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.

Click to start generating capital raising & share issue transactions for TUNNEL MARKET LTD. This can take several minutes, an email will notify you when this has completed.

tunnel market ltd Companies House Filings - See Documents

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