tacit bio ltd

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tacit bio ltd Company Information

Share TACIT BIO LTD

Company Number

06872145

Shareholders

anthony bartlett

Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 +2

Registered Address

5 leafy glade, sutton coldfield, west midlands, B74 3EG

tacit bio ltd Estimated Valuation

£603.2k

Pomanda estimates the enterprise value of TACIT BIO LTD at £603.2k based on a Turnover of £549.4k and 1.1x industry multiple (adjusted for size and gross margin).

tacit bio ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of TACIT BIO LTD at £0 based on an EBITDA of £-1.3k and a 3.72x industry multiple (adjusted for size and gross margin).

tacit bio ltd Estimated Valuation

£150.8k

Pomanda estimates the enterprise value of TACIT BIO LTD at £150.8k based on Net Assets of £66.6k and 2.26x industry multiple (adjusted for liquidity).

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Tacit Bio Ltd Overview

Tacit Bio Ltd is a live company located in west midlands, B74 3EG with a Companies House number of 06872145. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2009, it's largest shareholder is anthony bartlett with a 100% stake. Tacit Bio Ltd is a established, small sized company, Pomanda has estimated its turnover at £549.4k with unknown growth in recent years.

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Tacit Bio Ltd Health Check

Pomanda's financial health check has awarded Tacit Bio Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £549.4k, make it smaller than the average company (£1.1m)

£549.4k - Tacit Bio Ltd

£1.1m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Tacit Bio Ltd

- - Industry AVG

production

Production

with a gross margin of 27.2%, this company has a higher cost of product (59.9%)

27.2% - Tacit Bio Ltd

59.9% - Industry AVG

profitability

Profitability

an operating margin of -0.2% make it less profitable than the average company (13.6%)

-0.2% - Tacit Bio Ltd

13.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (8)

1 - Tacit Bio Ltd

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)

£45.4k - Tacit Bio Ltd

£45.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £549.4k, this is more efficient (£141.6k)

£549.4k - Tacit Bio Ltd

£141.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 137 days, this is later than average (50 days)

137 days - Tacit Bio Ltd

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 353 days, this is slower than average (31 days)

353 days - Tacit Bio Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tacit Bio Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Tacit Bio Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (58.3%)

85.3% - Tacit Bio Ltd

58.3% - Industry AVG

TACIT BIO LTD financials

EXPORTms excel logo

Tacit Bio Ltd's latest turnover from April 2024 is estimated at £549.4 thousand and the company has net assets of £66.6 thousand. According to their latest financial statements, Tacit Bio Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover549,371170,375
Other Income Or Grants
Cost Of Sales400,010124,243
Gross Profit149,36146,132
Admin Expenses150,632-44,416
Operating Profit-1,27190,548
Interest Payable
Interest Receivable
Pre-Tax Profit-1,27190,548
Tax-22,637
Profit After Tax-1,27167,911
Dividends Paid
Retained Profit-1,27167,911
Employee Costs45,36542,691
Number Of Employees11
EBITDA*-1,27190,548

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets247,160
Intangible Assets
Investments & Other101010101010
Debtors (Due After 1 year)
Total Fixed Assets247,1701010101010
Stock & work in progress
Trade Debtors206,50085,000
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets206,50085,000
total assets453,67085,01010101010
Bank overdraft
Bank loan
Trade Creditors 387,03017,099
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities387,03017,099
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities387,03017,099
net assets66,64067,91110101010
total shareholders funds66,64067,91110101010
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-1,27190,548
Depreciation
Amortisation
Tax-22,637
Stock
Debtors121,50085,000
Creditors369,93117,099
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations247,16010
Investing Activities
capital expenditure-247,160
Change in Investments10
cash flow from investments-247,160-10
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-1010
interest
cash flow from financing-1010
cash and cash equivalents
cash
overdraft
change in cash

tacit bio 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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Tacit Bio Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for tacit bio ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in B74 area or any other competitors across 12 key performance metrics.

tacit bio ltd Ownership

TACIT BIO LTD group structure

Tacit Bio Ltd has no subsidiary companies.

Ultimate parent company

TACIT BIO LTD

06872145

TACIT BIO LTD Shareholders

anthony bartlett 100%

tacit bio ltd directors

Tacit Bio Ltd currently has 2 directors. The longest serving directors include Mr Anthony Bartlett (Apr 2009) and Mrs Sarah Bartlett (Mar 2024).

officercountryagestartendrole
Mr Anthony Bartlett63 years Apr 2009- Director
Mrs Sarah Bartlett56 years Mar 2024- Director

P&L

April 2024

turnover

549.4k

+222%

operating profit

-1.3k

0%

gross margin

27.2%

+0.41%

turnover

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

Balance Sheet

April 2024

net assets

66.6k

-0.02%

total assets

453.7k

+4.34%

cash

0

0%

net assets

Total assets minus all liabilities

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Similar companies unavailable for this selection

tacit bio ltd company details

company number

06872145

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

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

April 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

5 leafy glade, sutton coldfield, west midlands, B74 3EG

Bank

-

Legal Advisor

-

tacit bio 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 tacit bio ltd.

tacit bio 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.

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tacit bio ltd Companies House Filings - See Documents

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