Pomanda estimates the enterprise value of TXN LIMITED at £597.4k based on a Turnover of £1.8m and 0.32x industry multiple (adjusted for size and gross margin).
txn limitedEstimated Valuation
£33.3k
Pomanda estimates the enterprise value of TXN LIMITED at £33.3k based on an EBITDA of £10.9k and a 3.05x industry multiple (adjusted for size and gross margin).
txn limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TXN LIMITED at £0 based on Net Assets of £-346.3k and 2.59x industry multiple (adjusted for liquidity).
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Txn LimitedOverview
Txn Limited is a live company located in mostyn, CH8 9DX with a Companies House number of 06501300. It operates in the other retail sale of new goods in specialised stores (not commercial art galleries and opticians) sector, SIC Code 47789. Founded in February 2008, it's largest shareholder is
michael abakhan ltd
with a 100% stake. Txn Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.8m with
low
growth in recent years.
Pomanda's financial health check has awarded Txn Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
2 Regular
8 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£9.7m)
£1.8m - Txn Limited
£9.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (10.3%)
0% - Txn Limited
10.3% - Industry AVG
Production
with a gross margin of 25.1%, this company has a higher cost of product (41.8%)
25.1% - Txn Limited
41.8% - Industry AVG
Profitability
an operating margin of -2.6% make it less profitable than the average company (4.3%)
-2.6% - Txn Limited
4.3% - Industry AVG
Employees
with 39 employees, this is below the industry average (50)
39 - Txn Limited
50 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
£29k - Txn Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £47.4k, this is less efficient (£156.3k)
£47.4k - Txn Limited
£156.3k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is near the average (14 days)
17 days - Txn Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 203 days, this is slower than average (38 days)
203 days - Txn Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 74 days, this is less than average (95 days)
74 days - Txn Limited
95 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 10 weeks, this is less cash available to meet short term requirements (20 weeks)
10 weeks - Txn Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 159.3%, this is a higher level of debt than the average (56.1%)
159.3% - Txn Limited
56.1% - Industry AVG
TXN LIMITED financials
EXPORT
Txn Limited's latest turnover from February 2024 is estimated at £1.8 million and the company has net assets of -£346.3 thousand. According to their latest financial statements, Txn Limited has 39 employees and maintains cash reserves of £159.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
1,849,459
1,628,128
1,764,953
1,829,590
1,014,857
440,445
146,955
288,444
332,157
216,986
157,400
116,092
213,889
147,492
86,655
Other Income Or Grants
Cost Of Sales
1,384,787
1,215,814
1,304,941
1,384,461
761,748
320,031
108,124
211,069
243,421
163,105
118,035
84,139
155,574
106,643
62,288
Gross Profit
464,672
412,315
460,012
445,129
253,109
120,414
206,981
212,701
284,406
53,881
39,365
31,953
58,314
40,850
24,367
Admin Expenses
512,568
612,556
576,799
47,764
713,710
440,618
197,832
231,209
18,690
69,535
73,864
8,420
94,594
53,330
-56,485
Operating Profit
-47,896
-200,241
-116,787
397,365
-460,601
-320,204
9,149
-18,508
265,716
-15,654
-34,499
23,533
-36,280
-12,480
80,852
Interest Payable
Interest Receivable
7,416
3,368
880
254
858
482
79
90
164
164
113
62
Pre-Tax Profit
-40,480
-196,873
-115,907
397,619
-459,743
-319,722
9,149
-18,508
18,690
-15,575
-34,409
23,697
-36,116
-12,367
80,914
Tax
-75,548
635
-1,514
-2,969
-5,687
-22,656
Profit After Tax
-40,480
-196,873
-115,907
322,071
-459,743
-319,722
9,784
-20,022
15,721
-15,575
-34,409
18,010
-36,116
-12,367
58,258
Dividends Paid
Retained Profit
-40,480
-196,873
-115,907
322,071
-459,743
-319,722
9,784
-20,022
15,721
-15,575
-34,409
18,010
-36,116
-12,367
58,258
Employee Costs
1,129,473
1,035,443
1,448,437
1,298,618
397,443
300,663
113,591
132,197
124,800
19,622
19,812
20,060
18,062
18,807
18,157
Number Of Employees
39
38
57
56
17
13
5
6
6
1
1
1
1
1
1
EBITDA*
10,913
-98,478
-29,899
459,580
-441,576
-301,382
22,961
-4,154
278,154
-6,637
-28,207
33,424
-26,557
-3,356
87,431
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
50,709
90,684
123,580
126,349
22,765
21,872
10,707
23,854
23,155
22,790
19,545
9,840
11,639
22,773
17,080
Intangible Assets
3,122
10,124
24,927
40,393
39,227
41,225
568
1,022
1,476
3,000
6,000
9,000
Investments & Other
12,377
Debtors (Due After 1 year)
Total Fixed Assets
53,831
100,808
148,507
166,742
61,992
63,097
11,275
24,876
24,631
22,790
19,545
22,217
14,639
28,773
26,080
Stock & work in progress
283,179
287,408
307,327
274,529
121,221
102,846
52,022
78,074
82,691
92,744
30,275
43,188
78,442
85,540
59,604
Trade Debtors
87,136
87,138
87,385
127,211
58,302
9,100
8,255
16,377
36,533
27,104
26,471
4,322
3,320
1,412
101
Group Debtors
Misc Debtors
30,329
5,945
Cash
159,523
122,982
45,405
306,470
201,011
27,793
100,641
53,007
64,514
15,544
15,860
20,129
45,563
20,154
24,911
misc current assets
total current assets
529,838
497,528
440,117
708,210
380,534
170,068
166,863
147,458
183,738
135,392
72,606
67,639
127,325
107,106
84,616
total assets
583,669
598,336
588,624
874,952
442,526
233,165
178,138
172,334
208,369
158,182
92,151
89,856
141,964
135,879
110,696
Bank overdraft
Bank loan
Trade Creditors
771,703
664,087
615,210
659,017
666,163
162,668
23,761
121,143
116,491
57,517
36,491
60,444
121,668
85,813
49,636
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
141,957
116,369
total current liabilities
771,703
664,087
615,210
659,017
666,163
304,625
140,130
121,143
116,491
57,517
36,491
60,444
121,668
85,813
49,636
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
148,627
225,193
58,876
184,964
80,000
116,634
72,785
94,964
122,440
59,048
8,632
provisions
9,634
14,871
23,480
24,006
11,469
17,345
8,725
4,807
3,293
324
3,136
1,527
1,789
4,075
2,702
total long term liabilities
158,261
240,064
82,356
208,970
91,469
133,979
8,725
77,592
98,257
122,764
62,184
1,527
10,421
4,075
2,702
total liabilities
929,964
904,151
697,566
867,987
757,632
438,604
148,855
198,735
214,748
180,281
98,675
61,971
132,089
89,888
52,338
net assets
-346,295
-305,815
-108,942
6,965
-315,106
-205,439
29,283
-26,401
-6,379
-22,099
-6,524
27,885
9,875
45,991
58,358
total shareholders funds
-346,295
-305,815
-108,942
6,965
-315,106
-205,439
29,283
-26,401
-6,379
-22,099
-6,524
27,885
9,875
45,991
58,358
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
-47,896
-200,241
-116,787
397,365
-460,601
-320,204
9,149
-18,508
265,716
-15,654
-34,499
23,533
-36,280
-12,480
80,852
Depreciation
51,807
86,677
71,422
48,615
9,404
13,568
13,358
13,900
12,438
9,017
6,292
6,891
6,723
6,124
3,579
Amortisation
7,002
15,086
15,466
13,600
9,621
5,254
454
454
3,000
3,000
3,000
3,000
Tax
-75,548
635
-1,514
-2,969
-5,687
-22,656
Stock
-4,229
-19,919
32,798
153,308
18,375
50,824
-26,052
-4,617
-10,053
62,469
-12,913
-35,254
-7,098
25,936
59,604
Debtors
-2
-247
-39,826
68,909
18,873
25,229
-2,177
-20,156
9,429
633
22,149
1,002
1,908
1,311
101
Creditors
107,616
48,877
-43,807
-7,146
503,495
138,907
-97,382
4,652
58,974
21,026
-23,953
-61,224
35,855
36,177
49,636
Accruals and Deferred Income
-141,957
25,588
116,369
Deferred Taxes & Provisions
-5,237
-8,609
-526
12,537
-5,876
8,620
3,918
1,514
2,969
-2,812
1,609
-262
-2,286
1,373
2,702
Cash flow from operations
117,523
-38,044
-67,204
167,206
-123,162
-204,320
74,730
25,271
337,752
-51,525
-59,787
503
12,202
6,947
57,408
Investing Activities
capital expenditure
-11,832
-54,064
-68,653
-166,965
-17,920
-70,644
-211
-14,599
-14,279
-12,262
-15,997
-5,092
4,411
-11,817
-32,659
Change in Investments
-12,377
12,377
cash flow from investments
-11,832
-54,064
-68,653
-166,965
-17,920
-70,644
-211
-14,599
-14,279
-12,262
-3,620
-17,469
4,411
-11,817
-32,659
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-76,566
166,317
-126,088
104,964
-36,634
116,634
-72,785
-22,179
-27,476
63,392
59,048
-8,632
8,632
share issue
350,076
85,000
45,900
-1
100
interest
7,416
3,368
880
254
858
482
79
90
164
164
113
62
cash flow from financing
-69,150
169,685
-125,208
105,218
314,300
202,116
-26,885
-22,179
-27,477
63,471
59,138
-8,468
8,796
113
162
cash and cash equivalents
cash
36,541
77,577
-261,065
105,459
173,218
-72,848
47,634
-11,507
48,970
-316
-4,269
-25,434
25,409
-4,757
24,911
overdraft
change in cash
36,541
77,577
-261,065
105,459
173,218
-72,848
47,634
-11,507
48,970
-316
-4,269
-25,434
25,409
-4,757
24,911
txn limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for txn limited. Get real-time insights into txn limited's credit score, group structure and payment trends.
Perform a competitor analysis for txn limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in CH8 area or any other competitors across 12 key performance metrics.
txn limited Ownership
TXN LIMITED group structure
Txn Limited has no subsidiary companies.
Ultimate parent company
TXN LIMITED
06501300
TXN LIMITED Shareholders
The sole shareholder of Txn Limited is Michael Abakhan Ltd.
michael abakhan ltd
100%
txn limited directors
Txn Limited currently has 4 directors.
The longest serving directors include
Mr Stephen Hollis (Dec 2013) and
Mr Adrian Booker (Oct 2018).
47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
incorporation date
February 2008
age
17
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
February 2024
previous names
toys and interiors ltd (September 2019)
accountant
-
auditor
-
address
c/o michael abakhan limited, coast road, mostyn, flintshire, CH8 9DX
Bank
-
Legal Advisor
-
txn 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 4 charges/mortgages relating to txn limited. Currently there are 1 open charges and 3 have been satisfied in the past.
txn 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.
Click to start generating capital raising & share issue transactions for TXN LIMITED. This can take several minutes, an email will notify you when this has completed.
txn limitedCompanies House Filings - See Documents
