tunnel market ltd Company Information
Company Number
06479407
Next Accounts
54 days late
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
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
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
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).
Edit your figures and get a professional valuation report.
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
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4 Strong
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2 Regular
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3 Weak
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Size
annual sales of £759.4k, make it larger than the average company (£148.2k)
£759.4k - Tunnel Market Ltd
£148.2k - Industry AVG
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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
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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
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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
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Employees
with 11 employees, this is above the industry average (2)
- Tunnel Market Ltd
2 - Industry AVG
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Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Tunnel Market Ltd
- - Industry AVG
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Efficiency
resulting in sales per employee of £69k, this is equally as efficient (£72.6k)
- Tunnel Market Ltd
£72.6k - Industry AVG
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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
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tunnel Market Ltd
- - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tunnel Market Ltd
- - Industry AVG
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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
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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
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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 House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 759,395 | 323,401 | 79,643 | 727,984 | 718,919 | 782,834 | 764,309 | 873,444 | 1,027,864 | 1,019,270 | 970,886 | 686,967 | 656,202 | 645,486 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
Cost Of Sales | 68,911 | 36,994 | 258,019 | 638,580 | 0 | 0 | ||||||||
Gross Profit | 690,484 | 286,407 | -178,376 | 89,404 | 873,444 | 1,027,864 | ||||||||
Admin Expenses | 695,189 | 293,712 | 265,191 | 227,382 | 885,288 | 928,461 | ||||||||
Operating Profit | -4,705 | -7,305 | -443,567 | -137,978 | 239,936 | -110,439 | 32,209 | -11,844 | 99,403 | 62,780 | 87,221 | 91,738 | -20,838 | -53,379 |
Interest Payable | 0 | 0 | 0 | 0 | 16 | 9 | 0 | 0 | 473 | 483 | 368 | 239 | 168 | 0 |
Interest Receivable | 0 | 0 | 0 | 0 | 9 | 13 | 0 | 28 | 11 | 7 | 7 | 6 | 6 | 4 |
Pre-Tax Profit | -4,705 | -7,305 | -443,567 | -137,978 | 239,929 | -110,435 | 32,048 | -11,816 | 98,941 | 62,304 | 186,860 | 91,505 | -21,000 | -53,375 |
Tax | 16,186 | -10,621 | 0 | -98 | 0 | 0 | 0 | 0 | 0 | -13,308 | 0 | 0 | 0 | 0 |
Profit After Tax | 11,481 | -17,926 | -443,567 | -138,076 | 239,929 | -110,435 | 32,048 | -11,816 | 98,941 | 48,996 | 186,860 | 91,505 | -21,000 | -53,375 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 11,481 | -17,926 | -443,567 | -138,076 | 239,929 | -110,435 | 32,048 | -11,816 | 98,941 | 48,996 | 186,860 | 91,505 | -21,000 | -53,375 |
Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 121,623 | 263,793 | 282,696 | 157,399 | 80,146 | 89,589 | 132,375 |
Number Of Employees | 2 | 2 | 2 | 6 | 6 | 6 | 3 | 2 | 2 | 3 | ||||
EBITDA* | 42,129 | 28,691 | -407,572 | -112,772 | 254,537 | -106,635 | 48,798 | -1,844 | 99,403 | 62,780 | 87,221 | 91,738 | -20,838 | -52,479 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 108,548 | 135,874 | 100,063 | 136,060 | 78,078 | 61,878 | 270,500 | 90,488 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 5,565 | 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 |
Total Fixed Assets | 114,113 | 135,874 | 100,063 | 136,060 | 78,078 | 61,878 | 270,500 | 90,488 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 28,278 | 17,812 | 7,199 | 18,467 | 28,097 | 49,731 | 63,187 | 0 | 23,766 | 13,562 | 6,561 | 5,894 | 4,399 | 0 |
Group Debtors | 5,354,840 | 4,554,397 | 4,154,162 | 4,056,493 | 3,096,158 | 3,940,919 | 2,490,492 | 2,235,945 | 2,094,652 | 1,671,350 | 1,235,148 | 0 | 0 | 151,391 |
Misc Debtors | 7,985 | 44,561 | 90,794 | 43,502 | 8,627 | 76,127 | 98 | 0 | 0 | 0 | 0 | 4,340 | 0 | 10,491 |
Cash | 3,250 | 6,035 | 66,277 | 38,374 | 8,196 | 36,379 | 342,133 | 299,772 | 46,323 | 48,323 | 34,842 | 21,793 | 7,129 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 5,394,353 | 4,622,805 | 4,318,432 | 4,156,836 | 3,141,078 | 4,103,156 | 2,895,910 | 2,535,717 | 2,164,741 | 1,733,235 | 1,276,551 | 32,027 | 11,528 | 161,882 |
total assets | 5,508,466 | 4,758,679 | 4,418,495 | 4,292,896 | 3,219,156 | 4,165,034 | 3,166,410 | 2,626,205 | 2,164,741 | 1,733,235 | 1,276,551 | 32,027 | 11,528 | 161,882 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,860 | 0 | 0 | 3,338 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 850 | 1,452 | 1,458 | 0 | 0 | 17,854 | 1,139 | 9,246 | 480 | 0 | 631 | 2,895 |
Group/Directors Accounts | 4,004,500 | 3,634,473 | 3,337,075 | 2,860,319 | 0 | 0 | 0 | 1,253,703 | 741,240 | 417,268 | 0 | 245,258 | 322,184 | 446,950 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
other current liabilities | 626,332 | 247,432 | 196,491 | 103,479 | 1,751,975 | 2,939,240 | 1,830,181 | 50,467 | 106,365 | 89,665 | 106,151 | 38,591 | 32,040 | 31,026 |
total current liabilities | 4,630,832 | 3,881,905 | 3,534,416 | 2,965,250 | 1,753,433 | 2,939,240 | 1,830,181 | 1,322,024 | 848,744 | 516,179 | 108,491 | 283,849 | 354,855 | 484,209 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 10,621 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 10,621 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 4,630,832 | 3,892,526 | 3,534,416 | 2,965,250 | 1,753,433 | 2,939,240 | 1,830,181 | 1,322,024 | 848,744 | 516,179 | 108,491 | 283,849 | 354,855 | 484,209 |
net assets | 877,634 | 866,153 | 884,079 | 1,327,646 | 1,465,723 | 1,225,794 | 1,336,229 | 1,304,181 | 1,315,997 | 1,217,056 | 1,168,060 | -251,822 | -343,327 | -322,327 |
total shareholders funds | 877,634 | 866,153 | 884,079 | 1,327,646 | 1,465,723 | 1,225,794 | 1,336,229 | 1,304,181 | 1,315,997 | 1,217,056 | 1,168,060 | -251,822 | -343,327 | -322,327 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | -4,705 | -7,305 | -443,567 | -137,978 | 239,936 | -110,439 | 32,209 | -11,844 | 99,403 | 62,780 | 87,221 | 91,738 | -20,838 | -53,379 |
Depreciation | 46,834 | 35,996 | 35,995 | 25,206 | 14,601 | 3,804 | 16,589 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 900 |
Tax | 16,186 | -10,621 | 0 | -98 | 0 | 0 | 0 | 0 | 0 | -13,308 | 0 | 0 | 0 | 0 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 774,333 | 364,615 | 133,693 | 985,580 | -933,895 | 1,513,000 | 317,832 | 117,527 | 433,506 | 443,203 | 1,231,475 | 5,835 | -157,483 | 161,882 |
Creditors | 0 | -850 | -602 | -6 | 1,458 | 0 | -17,854 | 16,715 | -8,107 | 8,766 | 480 | -631 | -2,264 | 2,895 |
Accruals and Deferred Income | 378,900 | 50,941 | 93,012 | -1,648,496 | -1,187,265 | 1,109,059 | 1,779,714 | -55,898 | 16,700 | -16,486 | 67,560 | 6,551 | 1,014 | 31,026 |
Deferred Taxes & Provisions | -10,621 | 10,621 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -347,739 | -285,833 | -448,855 | -2,746,952 | 2,625 | -510,576 | 1,492,826 | -158,554 | -325,510 | -401,451 | -1,076,214 | 91,823 | 135,395 | -180,440 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 5,565 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 370,027 | 297,398 | 476,756 | 2,860,319 | 0 | 0 | -1,253,703 | 512,463 | 323,972 | 417,268 | -245,258 | -76,926 | -124,766 | 446,950 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | 0 | 0 | 0 | 0 | -7 | 4 | 0 | 28 | -462 | -476 | -361 | -233 | -162 | 4 |
cash flow from financing | 370,027 | 297,398 | 476,756 | 2,860,318 | -7 | 4 | -1,253,703 | 512,491 | 323,510 | 416,792 | 987,403 | -77,159 | -124,928 | 178,002 |
cash and cash equivalents | ||||||||||||||
cash | -2,785 | -60,242 | 27,903 | 30,178 | -28,183 | -305,754 | 42,361 | 253,449 | -2,000 | 13,481 | 13,049 | 14,664 | 7,129 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,860 | 1,860 | 0 | -3,338 | 3,338 |
change in cash | -2,785 | -60,242 | 27,903 | 30,178 | -28,183 | -305,754 | 42,361 | 253,449 | -2,000 | 15,341 | 11,189 | 14,664 | 10,467 | -3,338 |
tunnel market ltd Credit Report and Business Information
Tunnel Market Ltd Competitor Analysis
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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 directors
Tunnel Market Ltd currently has 2 directors. The longest serving directors include Mr Eylon Garfunkel (Dec 2018) and Ms Margarita Milosavljevic (Sep 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Eylon Garfunkel | United Kingdom | 44 years | Dec 2018 | - | Director |
Ms Margarita Milosavljevic | 40 years | Sep 2021 | - | Director |
P&L
March 2023turnover
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 2023net 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
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
date | description | view/download |
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