Pomanda estimates the enterprise value of TIM HENDY PIANOS LTD at £24.6k based on a Turnover of £53.2k and 0.46x industry multiple (adjusted for size and gross margin).
tim hendy pianos ltdEstimated Valuation
£380
Pomanda estimates the enterprise value of TIM HENDY PIANOS LTD at £380 based on an EBITDA of £114 and a 3.32x industry multiple (adjusted for size and gross margin).
tim hendy pianos ltdEstimated Valuation
£341
Pomanda estimates the enterprise value of TIM HENDY PIANOS LTD at £341 based on Net Assets of £149 and 2.3x industry multiple (adjusted for liquidity).
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Tim Hendy Pianos LtdOverview
Tim Hendy Pianos Ltd is a live company located in surrey, KT9 2AN with a Companies House number of 06766214. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in December 2008, it's largest shareholder is
timothy hendy
with a 100% stake. Tim Hendy Pianos Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£53.2k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Tim Hendy Pianos Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £53.2k, make it smaller than the average company (£2.9m)
£53.2k - Tim Hendy Pianos Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.2%)
13% - Tim Hendy Pianos Ltd
7.2% - Industry AVG
Production
with a gross margin of 24%, this company has a higher cost of product (44.8%)
24% - Tim Hendy Pianos Ltd
44.8% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (5.7%)
0.2% - Tim Hendy Pianos Ltd
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - Tim Hendy Pianos Ltd
23 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
£54k - Tim Hendy Pianos Ltd
£54k - Industry AVG
Efficiency
resulting in sales per employee of £53.2k, this is less efficient (£125.4k)
£53.2k - Tim Hendy Pianos Ltd
£125.4k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (56 days)
87 days - Tim Hendy Pianos Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 122 days, this is slower than average (31 days)
122 days - Tim Hendy Pianos Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tim Hendy Pianos Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tim Hendy Pianos Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.9%, this is a higher level of debt than the average (53.3%)
98.9% - Tim Hendy Pianos Ltd
53.3% - Industry AVG
TIM HENDY PIANOS LTD financials
EXPORT
Tim Hendy Pianos Ltd's latest turnover from December 2023 is estimated at £53.2 thousand and the company has net assets of £149. According to their latest financial statements, Tim Hendy Pianos Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
53,207
42,301
41,238
37,281
37,529
14,078
14,144
20,335
16,991
13,555
9,586
5,257
13,324
16,155
Other Income Or Grants
Cost Of Sales
40,427
32,369
32,135
28,530
28,476
10,681
10,672
15,130
12,701
10,151
7,160
3,857
9,745
11,682
Gross Profit
12,780
9,932
9,104
8,752
9,053
3,397
3,472
5,204
4,290
3,404
2,426
1,400
3,579
4,473
Admin Expenses
12,665
9,932
9,057
8,771
9,028
4,472
4,076
3,529
3,997
3,895
1,761
5,278
920
1,859
-87
Operating Profit
115
47
-19
25
-1,075
-604
1,675
293
-491
665
-3,878
2,659
2,614
87
Interest Payable
Interest Receivable
2
13
13
13
18
19
12
Pre-Tax Profit
115
47
-19
25
-1,075
-604
1,675
295
-478
678
-3,865
2,677
2,633
99
Tax
-29
-9
-5
-335
-59
-156
-696
-737
-28
Profit After Tax
86
38
-19
20
-1,075
-604
1,340
236
-478
522
-3,865
1,981
1,896
71
Dividends Paid
Retained Profit
86
38
-19
20
-1,075
-604
1,340
236
-478
522
-3,865
1,981
1,896
71
Employee Costs
54,010
51,127
48,866
47,574
47,676
46,190
44,674
43,930
44,312
43,558
42,496
40,813
40,318
39,215
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
115
47
-19
25
-1,075
-604
1,675
1,782
1,493
3,311
-1,816
4,324
3,437
1,188
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
977
1,304
1,740
2,572
3,597
4,882
5,506
3,348
4,464
5,953
7,937
6,183
4,993
2,469
3,292
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
977
1,304
1,740
2,572
3,597
4,882
5,506
3,348
4,464
5,953
7,937
6,183
4,993
2,469
3,292
Stock & work in progress
1,463
223
200
Trade Debtors
12,787
8,214
8,227
5,826
5,282
2,891
3,037
5,212
3,548
2,283
336
76
3,763
3,534
Group Debtors
Misc Debtors
Cash
250
653
4,446
835
4,372
2,793
4,844
misc current assets
total current assets
12,787
8,214
8,227
5,826
5,282
2,891
3,037
5,212
5,261
2,936
5,005
1,111
4,372
6,556
8,378
total assets
13,764
9,518
9,967
8,398
8,879
7,773
8,543
8,560
9,725
8,889
12,942
7,294
9,365
9,025
11,670
Bank overdraft
Bank loan
Trade Creditors
13,615
9,455
9,904
8,373
8,835
7,749
7,444
6,857
9,361
8,761
12,336
7,210
5,416
7,057
11,598
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
13,615
9,455
9,904
8,373
8,835
7,749
7,444
6,857
9,361
8,761
12,336
7,210
5,416
7,057
11,598
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
13,615
9,455
9,904
8,373
8,835
7,749
7,444
6,857
9,361
8,761
12,336
7,210
5,416
7,057
11,598
net assets
149
63
63
25
44
24
1,099
1,703
364
128
606
84
3,949
1,968
72
total shareholders funds
149
63
63
25
44
24
1,099
1,703
364
128
606
84
3,949
1,968
72
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
115
47
-19
25
-1,075
-604
1,675
293
-491
665
-3,878
2,659
2,614
87
Depreciation
1,489
1,984
2,646
2,062
1,665
823
1,101
Amortisation
Tax
-29
-9
-5
-335
-59
-156
-696
-737
-28
Stock
-1,463
1,463
-223
23
200
Debtors
4,573
-13
2,401
544
2,391
-146
-2,175
1,664
1,265
1,947
260
76
-3,763
229
3,534
Creditors
4,160
-449
1,531
-462
1,086
305
587
-2,504
600
-3,575
5,126
1,794
-1,641
-4,541
11,598
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-327
-436
-832
-1,025
-1,285
-624
2,158
-1,365
-405
-3,806
7,998
-298
5,750
-2,070
9,224
Investing Activities
capital expenditure
327
436
832
1,025
1,285
624
-2,158
1,116
-4,400
-3,252
-4,189
-4,393
Change in Investments
cash flow from investments
327
436
832
1,025
1,285
624
-2,158
1,116
-4,400
-3,252
-4,189
-4,393
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1
1
interest
2
13
13
13
18
19
12
cash flow from financing
-1
2
13
13
13
18
19
13
cash and cash equivalents
cash
-250
-403
-3,793
3,611
-3,537
1,579
-2,051
4,844
overdraft
change in cash
-250
-403
-3,793
3,611
-3,537
1,579
-2,051
4,844
tim hendy pianos ltd 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 tim hendy pianos ltd. Get real-time insights into tim hendy pianos ltd's credit score, group structure and payment trends.
Perform a competitor analysis for tim hendy pianos ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in KT9 area or any other competitors across 12 key performance metrics.
tim hendy pianos ltd Ownership
TIM HENDY PIANOS LTD group structure
Tim Hendy Pianos Ltd has no subsidiary companies.
Ultimate parent company
TIM HENDY PIANOS LTD
06766214
TIM HENDY PIANOS LTD Shareholders
The sole shareholder of Tim Hendy Pianos Ltd is Timothy Hendy.
timothy hendy
100%
tim hendy pianos ltd directors
Tim Hendy Pianos Ltd currently has 1 director, Mr Timothy Hendy serving since Dec 2008.
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
December 2008
age
17
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
tim hendy ltd (August 2011)
accountant
-
auditor
-
address
100 gilders road, chessington, surrey, KT9 2AN
Bank
-
Legal Advisor
-
tim hendy pianos 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 did not find charges/mortgages relating to tim hendy pianos ltd.
tim hendy pianos 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 TIM HENDY PIANOS LTD. This can take several minutes, an email will notify you when this has completed.
tim hendy pianos ltdCompanies House Filings - See Documents
