tandem print solutions ltd
tandem print solutions ltd Company Information
Company Number
06982529
Website
tandemsoftware.co.ukRegistered Address
alma park woodway lane, claybrooke parva, lutterworth, leicestershire, LE17 5FB
Industry
Other information technology and computer service activities
Telephone
01778426661
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
darren bush 40%
emma bush 30%
View Alltandem print solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of TANDEM PRINT SOLUTIONS LTD at £1.6m based on a Turnover of £2.8m and 0.58x industry multiple (adjusted for size and gross margin).
tandem print solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of TANDEM PRINT SOLUTIONS LTD at £274.2k based on an EBITDA of £67.4k and a 4.07x industry multiple (adjusted for size and gross margin).
tandem print solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of TANDEM PRINT SOLUTIONS LTD at £426.4k based on Net Assets of £185.1k and 2.3x industry multiple (adjusted for liquidity).
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Tandem Print Solutions Ltd Overview
Tandem Print Solutions Ltd is a dissolved company that was located in lutterworth, LE17 5FB with a Companies House number of 06982529. It operated in the other information technology service activities sector, SIC Code 62090. Founded in August 2009, it's largest shareholder was darren bush with a 40% stake. The last turnover for Tandem Print Solutions Ltd was estimated at £2.8m.
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Tandem Print Solutions Ltd Health Check
Pomanda's financial health check has awarded Tandem Print Solutions Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £2.8m, make it larger than the average company (£2.2m)
- Tandem Print Solutions Ltd
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Tandem Print Solutions Ltd
- - Industry AVG
Production
with a gross margin of 29.6%, this company has a higher cost of product (52.3%)
- Tandem Print Solutions Ltd
52.3% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (7.3%)
- Tandem Print Solutions Ltd
7.3% - Industry AVG
Employees
with 11 employees, this is below the industry average (54)
- Tandem Print Solutions Ltd
54 - Industry AVG
Pay Structure
on an average salary of £52.4k, the company has an equivalent pay structure (£52.4k)
- Tandem Print Solutions Ltd
£52.4k - Industry AVG
Efficiency
resulting in sales per employee of £252.7k, this is more efficient (£149k)
- Tandem Print Solutions Ltd
£149k - Industry AVG
Debtor Days
it gets paid by customers after 99 days, this is later than average (53 days)
- Tandem Print Solutions Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 168 days, this is slower than average (42 days)
- Tandem Print Solutions Ltd
42 days - Industry AVG
Stock Days
it holds stock equivalent to 25 days, this is more than average (14 days)
- Tandem Print Solutions Ltd
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (18 weeks)
1 weeks - Tandem Print Solutions Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.2%, this is a higher level of debt than the average (71.9%)
86.2% - Tandem Print Solutions Ltd
71.9% - Industry AVG
TANDEM PRINT SOLUTIONS LTD financials
Tandem Print Solutions Ltd's latest turnover from December 2012 is estimated at £2.8 million and the company has net assets of £185.1 thousand. According to their latest financial statements, we estimate that Tandem Print Solutions Ltd has 11 employees and maintains cash reserves of £19.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|
| Tangible Assets | 281,397 | 122,314 | 127,293 | 97,887 |
| Intangible Assets | 105,739 | 128,213 | 75,119 | 17,638 |
| Investments & Other | 2,100 | 100 | 101 | 101 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 389,236 | 250,627 | 202,513 | 115,626 |
| Stock & work in progress | 138,311 | 38,102 | 16,400 | 8,500 |
| Trade Debtors | 754,835 | 621,490 | 313,934 | 185,094 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 42,028 | 38,701 | 1,987 | 0 |
| Cash | 19,650 | 14,997 | 11,719 | 5,603 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 954,824 | 713,290 | 344,040 | 199,197 |
| total assets | 1,344,060 | 963,917 | 546,553 | 314,823 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 905,488 | 731,265 | 401,077 | 242,498 |
| Group/Directors Accounts | 0 | 7,126 | 6,952 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 905,488 | 738,391 | 408,029 | 242,498 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 124,113 | 28,963 | 28,784 | 42,833 |
| provisions | 129,379 | 16,957 | 10,804 | 2,545 |
| total long term liabilities | 253,492 | 45,920 | 39,588 | 45,378 |
| total liabilities | 1,158,980 | 784,311 | 447,617 | 287,876 |
| net assets | 185,080 | 179,606 | 98,936 | 26,947 |
| total shareholders funds | 185,080 | 179,606 | 98,936 | 26,947 |
| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 48,676 | 21,614 | 24,226 | 8,813 |
| Amortisation | 10,751 | 9,501 | 8,667 | 608 |
| Tax | ||||
| Stock | 100,209 | 21,702 | 7,900 | 8,500 |
| Debtors | 136,672 | 344,270 | 130,827 | 185,094 |
| Creditors | 174,223 | 330,188 | 158,579 | 242,498 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 112,422 | 6,153 | 8,259 | 2,545 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 2,000 | -1 | 0 | 101 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -7,126 | 174 | 6,952 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 95,150 | 179 | -14,049 | 42,833 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 4,653 | 3,278 | 6,116 | 5,603 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 4,653 | 3,278 | 6,116 | 5,603 |
tandem print solutions ltd Credit Report and Business Information
Tandem Print Solutions Ltd Competitor Analysis
Perform a competitor analysis for tandem print solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in LE17 area or any other competitors across 12 key performance metrics.
tandem print solutions ltd Ownership
TANDEM PRINT SOLUTIONS LTD group structure
Tandem Print Solutions Ltd has no subsidiary companies.
Ultimate parent company
TANDEM PRINT SOLUTIONS LTD
06982529
tandem print solutions ltd directors
Tandem Print Solutions Ltd currently has 3 directors. The longest serving directors include Mr Timothy Partridge (Aug 2009) and Mr Darren Bush (Aug 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Partridge | 65 years | Aug 2009 | - | Director | |
| Mr Darren Bush | 55 years | Aug 2009 | - | Director | |
| Mr Robin Ball | 71 years | Sep 2010 | - | Director |
P&L
December 2012turnover
2.8m
+24%
operating profit
8k
0%
gross margin
29.7%
+1.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2012net assets
185.1k
+0.03%
total assets
1.3m
+0.39%
cash
19.7k
+0.31%
net assets
Total assets minus all liabilities
tandem print solutions ltd company details
company number
06982529
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
August 2009
age
15
incorporated
UK
accounts
Total Exemption Small
ultimate parent company
previous names
tandem solutions group limited (May 2014)
last accounts submitted
December 2012
address
alma park woodway lane, claybrooke parva, lutterworth, leicestershire, LE17 5FB
accountant
-
auditor
-
tandem print solutions 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 2 charges/mortgages relating to tandem print solutions ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
tandem print solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
