tp-link uk limited
tp-link uk limited Company Information
Company Number
07205003
Website
https://www.tp-link.comRegistered Address
1, jones drive, greenham business p, thatcham, RG19 6AE
Industry
Other information technology and computer service activities
Telephone
01189394953
Next Accounts Due
4 days late
Group Structure
View All
Directors
Junjie Qiao1 Years
Shareholders
tp-link corporation pte. ltd. 100%
tp-link uk limited Estimated Valuation
Pomanda estimates the enterprise value of TP-LINK UK LIMITED at £615.8m based on a Turnover of £563.2m and 1.09x industry multiple (adjusted for size and gross margin).
tp-link uk limited Estimated Valuation
Pomanda estimates the enterprise value of TP-LINK UK LIMITED at £462.2m based on an EBITDA of £58.8m and a 7.86x industry multiple (adjusted for size and gross margin).
tp-link uk limited Estimated Valuation
Pomanda estimates the enterprise value of TP-LINK UK LIMITED at £530.8m based on Net Assets of £235m and 2.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tp-link Uk Limited Overview
Tp-link Uk Limited is a live company located in thatcham, RG19 6AE with a Companies House number of 07205003. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2010, it's largest shareholder is tp-link corporation pte. ltd. with a 100% stake. Tp-link Uk Limited is a established, mega sized company, Pomanda has estimated its turnover at £563.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Tp-link Uk Limited Health Check
Pomanda's financial health check has awarded Tp-Link Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £563.2m, make it larger than the average company (£6.6m)
£563.2m - Tp-link Uk Limited
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5.4%)
8% - Tp-link Uk Limited
5.4% - Industry AVG
Production
with a gross margin of 20%, this company has a higher cost of product (51.9%)
20% - Tp-link Uk Limited
51.9% - Industry AVG
Profitability
an operating margin of 10.3% make it more profitable than the average company (3.7%)
10.3% - Tp-link Uk Limited
3.7% - Industry AVG
Employees
with 337 employees, this is above the industry average (43)
337 - Tp-link Uk Limited
43 - Industry AVG
Pay Structure
on an average salary of £65.1k, the company has an equivalent pay structure (£68.2k)
£65.1k - Tp-link Uk Limited
£68.2k - Industry AVG
Efficiency
resulting in sales per employee of £1.7m, this is more efficient (£162.1k)
£1.7m - Tp-link Uk Limited
£162.1k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (56 days)
52 days - Tp-link Uk Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (36 days)
27 days - Tp-link Uk Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 74 days, this is more than average (17 days)
74 days - Tp-link Uk Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 71 weeks, this is more cash available to meet short term requirements (15 weeks)
71 weeks - Tp-link Uk Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23%, this is a lower level of debt than the average (63.7%)
23% - Tp-link Uk Limited
63.7% - Industry AVG
TP-LINK UK LIMITED financials
Tp-Link Uk Limited's latest turnover from December 2022 is £563.2 million and the company has net assets of £235 million. According to their latest financial statements, Tp-Link Uk Limited has 337 employees and maintains cash reserves of £87.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 563,172,000 | 525,715,000 | 510,066,000 | 449,744,000 | 402,413,000 | 37,150,000 | 362,888,000 | 297,460,000 | 26,145,000 | 26,485,000 | 19,887,000 | 8,920,000 | 2,813,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 450,759,000 | 382,009,000 | 350,611,000 | 344,798,000 | 313,952,000 | 34,108,000 | 282,475,000 | 242,115,000 | 22,462,000 | 19,388,000 | 15,315,000 | 7,537,000 | 2,556,000 |
| Gross Profit | 112,413,000 | 143,706,000 | 159,455,000 | 104,946,000 | 88,461,000 | 3,042,000 | 80,413,000 | 55,345,000 | 3,683,000 | 7,097,000 | 4,572,000 | 1,383,000 | 257,000 |
| Admin Expenses | 54,292,000 | 48,864,000 | 44,548,000 | 64,655,000 | 71,435,000 | 4,481,000 | 76,662,000 | 56,231,000 | 4,339,000 | 5,968,000 | 4,000,000 | 1,368,000 | 157,000 |
| Operating Profit | 58,121,000 | 94,842,000 | 114,907,000 | 40,291,000 | 17,026,000 | -1,439,000 | 3,751,000 | -886,000 | -656,000 | 1,129,000 | 572,000 | 15,000 | 100,000 |
| Interest Payable | 1,039,000 | 493,000 | 1,072,000 | 2,196,000 | 4,070,000 | 1,993,000 | 2,881,000 | 2,670,000 | 287,000 | 107,000 | 112,000 | 47,000 | 6,000 |
| Interest Receivable | 256,000 | 526,000 | 1,210,000 | 505,000 | 803,000 | 1,659,000 | 13,000 | 132,000 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 57,074,000 | 94,697,000 | 116,585,000 | 38,600,000 | 13,765,000 | -1,773,000 | -47,000 | -7,325,000 | -943,000 | 1,022,000 | 460,000 | -32,000 | 94,000 |
| Tax | -13,996,000 | -25,184,000 | -28,790,000 | -1,087,000 | -5,439,000 | 412,000 | -811,000 | -943,000 | 7,000 | -362,000 | -116,000 | 0 | -23,000 |
| Profit After Tax | 43,078,000 | 69,513,000 | 87,795,000 | 37,513,000 | 8,326,000 | -1,361,000 | -858,000 | -8,268,000 | -936,000 | 660,000 | 344,000 | -32,000 | 71,000 |
| Dividends Paid | 0 | 24,138,000 | 9,790,000 | 1,162,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 43,078,000 | 45,375,000 | 78,005,000 | 36,351,000 | 8,326,000 | -1,361,000 | -858,000 | -8,268,000 | -936,000 | 660,000 | 344,000 | -32,000 | 71,000 |
| Employee Costs | 21,927,000 | 22,801,000 | 18,228,000 | 32,602,000 | 29,407,000 | 1,661,000 | 18,109,000 | 11,533,000 | 1,014,000 | 593,000 | 355,000 | 113,000 | 45,000 |
| Number Of Employees | 337 | 339 | 330 | 550 | 523 | 41 | 314 | 417 | 48 | 20 | 13 | 8 | 4 |
| EBITDA* | 58,832,000 | 95,601,000 | 115,996,000 | 41,221,000 | 17,415,000 | -1,395,000 | 4,074,000 | -677,000 | -646,000 | 1,149,000 | 588,000 | 23,000 | 104,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,578,000 | 18,179,000 | 18,465,000 | 18,359,000 | 18,530,000 | 34,000 | 1,324,000 | 894,000 | 142,000 | 44,000 | 65,000 | 26,000 | 28,000 |
| Intangible Assets | 2,000 | 1,000 | 5,000 | 21,000 | 48,000 | 0 | 55,000 | 18,000 | 310,000 | 0 | 0 | 0 | 0 |
| Investments & Other | 8,115,000 | 0 | 0 | 0 | 0 | 68,303,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 112,000 | 72,000 | 4,671,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 25,807,000 | 18,252,000 | 23,141,000 | 18,381,000 | 18,578,000 | 68,337,000 | 1,379,000 | 912,000 | 452,000 | 44,000 | 65,000 | 26,000 | 28,000 |
| Stock & work in progress | 91,772,000 | 98,209,000 | 79,767,000 | 78,753,000 | 80,568,000 | 7,823,000 | 89,721,000 | 60,047,000 | 7,763,000 | 5,195,000 | 5,480,000 | 3,016,000 | 1,060,000 |
| Trade Debtors | 81,043,000 | 69,940,000 | 77,157,000 | 65,689,000 | 64,546,000 | 11,086,000 | 76,498,000 | 54,796,000 | 6,448,000 | 2,118,000 | 1,974,000 | 1,801,000 | 947,000 |
| Group Debtors | 233,000 | 292,000 | 13,610,000 | 108,000 | 1,908,000 | 1,000 | 1,881,000 | 1,057,000 | 9,855,000 | 9,217,000 | 0 | 0 | 0 |
| Misc Debtors | 18,946,000 | 7,910,000 | 5,957,000 | 19,187,000 | 8,325,000 | 689,000 | 8,842,000 | 3,522,000 | 776,000 | 563,000 | 280,000 | 229,000 | 27,000 |
| Cash | 87,216,000 | 56,452,000 | 33,040,000 | 20,612,000 | 31,993,000 | 2,760,000 | 9,192,000 | 12,857,000 | 1,440,000 | 1,564,000 | 1,094,000 | 379,000 | 331,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 279,210,000 | 232,803,000 | 209,531,000 | 184,349,000 | 187,340,000 | 22,359,000 | 186,134,000 | 132,279,000 | 26,282,000 | 18,657,000 | 8,828,000 | 5,425,000 | 2,365,000 |
| total assets | 305,017,000 | 251,055,000 | 232,672,000 | 202,730,000 | 205,918,000 | 90,696,000 | 187,513,000 | 133,191,000 | 26,734,000 | 18,701,000 | 8,893,000 | 5,451,000 | 2,393,000 |
| Bank overdraft | 0 | 0 | 3,764,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 10,250,000 | 14,999,000 | 11,076,000 | 10,420,000 | 1,247,000 | 0 | 0 |
| Trade Creditors | 34,381,000 | 27,712,000 | 14,339,000 | 27,749,000 | 49,610,000 | 52,000 | 32,954,000 | 23,146,000 | 57,000 | 1,978,000 | 349,000 | 65,000 | 0 |
| Group/Directors Accounts | 5,767,000 | 16,337,000 | 24,314,000 | 15,337,000 | 30,684,000 | 78,828,000 | 99,792,000 | 44,733,000 | 10,671,000 | 3,632,000 | 5,854,000 | 3,766,000 | 776,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,213,000 | 1,185,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 23,483,000 | 22,604,000 | 19,062,000 | 17,471,000 | 20,777,000 | 4,726,000 | 16,618,000 | 15,033,000 | 3,451,000 | 733,000 | 531,000 | 68,000 | 61,000 |
| total current liabilities | 63,631,000 | 66,653,000 | 61,479,000 | 60,557,000 | 101,071,000 | 83,606,000 | 159,614,000 | 97,911,000 | 25,255,000 | 16,763,000 | 7,981,000 | 5,112,000 | 2,022,000 |
| loans | 0 | 0 | 0 | 23,000 | 24,000 | 0 | 1,298,000 | 14,627,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 499,000 | 0 | 272,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39,000 | 39,000 | 0 | 0 | 0 |
| provisions | 6,430,000 | 3,305,000 | 6,549,000 | 19,864,000 | 16,587,000 | 1,267,000 | 24,018,000 | 17,561,000 | 1,033,000 | 556,000 | 229,000 | 0 | 0 |
| total long term liabilities | 6,430,000 | 3,305,000 | 6,549,000 | 19,887,000 | 17,110,000 | 1,267,000 | 25,588,000 | 32,188,000 | 1,072,000 | 595,000 | 229,000 | 0 | 0 |
| total liabilities | 70,061,000 | 69,958,000 | 68,028,000 | 80,444,000 | 118,181,000 | 84,873,000 | 185,202,000 | 130,099,000 | 26,327,000 | 17,358,000 | 8,210,000 | 5,112,000 | 2,022,000 |
| net assets | 234,956,000 | 181,097,000 | 164,644,000 | 122,286,000 | 87,737,000 | 5,823,000 | 2,311,000 | 3,092,000 | 407,000 | 1,343,000 | 683,000 | 339,000 | 371,000 |
| total shareholders funds | 234,956,000 | 181,097,000 | 164,644,000 | 122,286,000 | 87,737,000 | 5,823,000 | 2,311,000 | 3,092,000 | 407,000 | 1,343,000 | 683,000 | 339,000 | 371,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 58,121,000 | 94,842,000 | 114,907,000 | 40,291,000 | 17,026,000 | -1,439,000 | 3,751,000 | -886,000 | -656,000 | 1,129,000 | 572,000 | 15,000 | 100,000 |
| Depreciation | 710,000 | 757,000 | 1,083,000 | 898,000 | 343,000 | 44,000 | 314,000 | 201,000 | 10,000 | 20,000 | 16,000 | 8,000 | 4,000 |
| Amortisation | 1,000 | 2,000 | 6,000 | 32,000 | 46,000 | 0 | 9,000 | 8,000 | 0 | 0 | 0 | 0 | |
| Tax | -13,996,000 | -25,184,000 | -28,790,000 | -1,087,000 | -5,439,000 | 412,000 | -811,000 | -943,000 | 7,000 | -362,000 | -116,000 | 0 | -23,000 |
| Stock | -6,437,000 | 18,442,000 | 1,014,000 | -1,815,000 | 72,745,000 | -81,898,000 | 29,674,000 | 52,284,000 | 2,283,000 | -285,000 | 2,464,000 | 1,956,000 | 1,060,000 |
| Debtors | 22,120,000 | -23,181,000 | 16,410,000 | 10,206,000 | 63,003,000 | -75,445,000 | 27,846,000 | 42,296,000 | 14,825,000 | 9,644,000 | 224,000 | 1,056,000 | 974,000 |
| Creditors | 6,669,000 | 13,373,000 | -13,410,000 | -21,861,000 | 49,558,000 | -32,902,000 | 9,808,000 | 23,089,000 | -292,000 | 1,629,000 | 284,000 | 65,000 | 0 |
| Accruals and Deferred Income | 879,000 | 3,542,000 | 1,591,000 | -3,805,000 | 16,550,000 | -12,164,000 | 1,857,000 | 11,582,000 | 2,920,000 | 202,000 | 463,000 | 7,000 | 61,000 |
| Deferred Taxes & Provisions | 3,125,000 | -3,244,000 | -13,315,000 | 3,277,000 | 15,320,000 | -22,751,000 | 6,457,000 | 16,528,000 | 804,000 | 327,000 | 229,000 | 0 | 0 |
| Cash flow from operations | 39,826,000 | 88,827,000 | 44,648,000 | 9,354,000 | -42,344,000 | 88,543,000 | -36,135,000 | -45,001,000 | -14,315,000 | -6,414,000 | -1,240,000 | -1,892,000 | |
| Investing Activities | |||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -17,219,000 | -32,024,000 | -633,000 | -378,000 | -456,000 | 1,000 | -55,000 | -6,000 | -32,000 |
| Change in Investments | 8,115,000 | 0 | 0 | 0 | -68,303,000 | 68,303,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -8,115,000 | 0 | 0 | 0 | 51,084,000 | -100,327,000 | -633,000 | -378,000 | -456,000 | 1,000 | -55,000 | -6,000 | -32,000 |
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | -10,250,000 | -4,749,000 | 3,923,000 | 9,829,000 | 9,173,000 | 1,247,000 | 0 | 0 |
| Group/Directors Accounts | -10,570,000 | -7,977,000 | 8,977,000 | -15,347,000 | -48,144,000 | -20,964,000 | 55,059,000 | 34,062,000 | 4,817,000 | -2,222,000 | 2,088,000 | 2,990,000 | 776,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,213,000 | 28,000 | 1,185,000 |
| Long term loans | 0 | 0 | -23,000 | -1,000 | 24,000 | -1,298,000 | -13,329,000 | 14,627,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -39,000 | 39,000 | 39,000 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -783,000 | 33,000 | 138,000 | -1,691,000 | -3,267,000 | -334,000 | -2,868,000 | -2,538,000 | -287,000 | -107,000 | -112,000 | -47,000 | -6,000 |
| cash flow from financing | -572,000 | -36,866,000 | -26,555,000 | -18,841,000 | 22,201,000 | -27,973,000 | 34,190,000 | 60,988,000 | 15,058,000 | 6,883,000 | 2,010,000 | 2,971,000 | 2,255,000 |
| cash and cash equivalents | |||||||||||||
| cash | 30,764,000 | 23,412,000 | 12,428,000 | -11,381,000 | 29,233,000 | -6,432,000 | -3,665,000 | 11,417,000 | 346,000 | 470,000 | 715,000 | 48,000 | 331,000 |
| overdraft | 0 | -3,764,000 | 3,764,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 30,764,000 | 27,176,000 | 8,664,000 | -11,381,000 | 29,233,000 | -6,432,000 | -3,665,000 | 11,417,000 | 346,000 | 470,000 | 715,000 | 48,000 | 331,000 |
tp-link uk limited Credit Report and Business Information
Tp-link Uk Limited Competitor Analysis
Perform a competitor analysis for tp-link uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mega companies, companies in RG19 area or any other competitors across 12 key performance metrics.
tp-link uk limited Ownership
TP-LINK UK LIMITED group structure
Tp-Link Uk Limited has no subsidiary companies.
Ultimate parent company
TP-LINK CORPORATION PTE LTD
#0163883
1 parent
TP-LINK UK LIMITED
07205003
tp-link uk limited directors
Tp-Link Uk Limited currently has 1 director, Mr Junjie Qiao serving since Sep 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Junjie Qiao | United Kingdom | 34 years | Sep 2023 | - | Director |
P&L
December 2022turnover
563.2m
+7%
operating profit
58.1m
-39%
gross margin
20%
-26.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
235m
+0.3%
total assets
305m
+0.21%
cash
87.2m
+0.54%
net assets
Total assets minus all liabilities
tp-link uk limited company details
company number
07205003
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
March 2010
age
14
incorporated
UK
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
1, jones drive, greenham business p, thatcham, RG19 6AE
accountant
-
auditor
XEINADIN AUDIT LIMITED
tp-link uk 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 1 charges/mortgages relating to tp-link uk limited. Currently there are 1 open charges and 0 have been satisfied in the past.
tp-link uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
