tinmasters group limited
tinmasters group limited Company Information
Company Number
07405245
Website
www.tinmasters.comRegistered Address
tinmasters bryntywod, llangyfelach, swansea, SA5 7LN
Industry
Activities of production holding companies
Telephone
01792312000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
jane louise douglas crawford 42.7%
christopher thomas edge 28.5%
View Alltinmasters group limited Estimated Valuation
Pomanda estimates the enterprise value of TINMASTERS GROUP LIMITED at £21.7m based on a Turnover of £15.3m and 1.42x industry multiple (adjusted for size and gross margin).
tinmasters group limited Estimated Valuation
Pomanda estimates the enterprise value of TINMASTERS GROUP LIMITED at £4m based on an EBITDA of £719.2k and a 5.63x industry multiple (adjusted for size and gross margin).
tinmasters group limited Estimated Valuation
Pomanda estimates the enterprise value of TINMASTERS GROUP LIMITED at £10.2m based on Net Assets of £4.9m and 2.1x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tinmasters Group Limited Overview
Tinmasters Group Limited is a live company located in swansea, SA5 7LN with a Companies House number of 07405245. It operates in the activities of production holding companies sector, SIC Code 64202. Founded in October 2010, it's largest shareholder is jane louise douglas crawford with a 42.7% stake. Tinmasters Group Limited is a established, mid sized company, Pomanda has estimated its turnover at £15.3m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Tinmasters Group Limited Health Check
Pomanda's financial health check has awarded Tinmasters Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
5 Weak
Size
annual sales of £15.3m, make it in line with the average company (£18.2m)
£15.3m - Tinmasters Group Limited
£18.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (6%)
-6% - Tinmasters Group Limited
6% - Industry AVG
Production
with a gross margin of 22.3%, this company has a higher cost of product (32.8%)
22.3% - Tinmasters Group Limited
32.8% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (6.1%)
-1.3% - Tinmasters Group Limited
6.1% - Industry AVG
Employees
with 78 employees, this is below the industry average (113)
78 - Tinmasters Group Limited
113 - Industry AVG
Pay Structure
on an average salary of £45.3k, the company has an equivalent pay structure (£39.4k)
£45.3k - Tinmasters Group Limited
£39.4k - Industry AVG
Efficiency
resulting in sales per employee of £195.6k, this is more efficient (£166.7k)
£195.6k - Tinmasters Group Limited
£166.7k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is near the average (56 days)
66 days - Tinmasters Group Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (51 days)
73 days - Tinmasters Group Limited
51 days - Industry AVG
Stock Days
it holds stock equivalent to 84 days, this is in line with average (73 days)
84 days - Tinmasters Group Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - Tinmasters Group Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.4%, this is a similar level of debt than the average (60.8%)
63.4% - Tinmasters Group Limited
60.8% - Industry AVG
TINMASTERS GROUP LIMITED financials
Tinmasters Group Limited's latest turnover from December 2022 is £15.3 million and the company has net assets of £4.9 million. According to their latest financial statements, Tinmasters Group Limited has 78 employees and maintains cash reserves of £327.1 thousand 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 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 15,253,270 | 12,170,359 | 14,342,063 | 18,208,928 | 17,033,000 | 12,767,000 | 13,713,000 | 13,410,000 | 15,513,000 | 13,022,000 | 12,093,000 | 15,752,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 11,857,420 | 9,266,316 | 11,410,797 | 13,131,057 | 14,023,000 | 9,185,000 | 9,392,000 | 10,216,000 | 10,810,000 | 9,011,000 | 9,384,000 | 10,748,000 |
| Gross Profit | 3,395,850 | 2,904,043 | 2,931,266 | 5,077,871 | 3,010,000 | 3,582,000 | 4,321,000 | 3,194,000 | 4,703,000 | 4,011,000 | 2,709,000 | 5,004,000 |
| Admin Expenses | 3,600,927 | 2,295,475 | 5,124,213 | 5,295,015 | 1,562,000 | 852,000 | 870,000 | 774,000 | 896,000 | 697,000 | 551,000 | 1,106,000 |
| Operating Profit | -205,077 | 608,568 | -2,192,947 | -217,144 | 1,448,000 | 2,730,000 | 3,451,000 | 2,420,000 | 3,807,000 | 3,314,000 | 2,158,000 | 3,898,000 |
| Interest Payable | 449,764 | 437,293 | 318,765 | 129,466 | 101,000 | 47,000 | 61,000 | 93,000 | 12,000 | 13,000 | 14,000 | 40,000 |
| Interest Receivable | 65 | 206 | 26 | 37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -654,776 | 171,481 | -2,511,686 | -346,573 | 1,347,000 | 2,791,000 | 3,390,000 | 2,327,000 | 1,295,000 | 3,301,000 | 2,144,000 | 3,858,000 |
| Tax | 179,755 | 644,426 | 334,669 | 61,791 | -224,000 | -434,000 | -659,000 | -221,000 | -806,000 | -760,000 | -508,000 | -1,026,000 |
| Profit After Tax | -475,021 | 815,907 | -2,177,017 | -284,782 | 1,123,000 | 2,357,000 | 2,731,000 | 2,106,000 | 489,000 | 2,541,000 | 1,636,000 | 2,832,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 2,500,000 | 150,000 | 1,000,000 | 500,000 | 2,100,000 | 1,225,000 | 1,675,000 | 0 |
| Retained Profit | -475,021 | 815,907 | -2,177,017 | -284,782 | -1,377,000 | 2,207,000 | 1,731,000 | 1,606,000 | -1,611,000 | 1,316,000 | -39,000 | 2,832,000 |
| Employee Costs | 3,531,323 | 3,330,508 | 4,695,908 | 5,179,300 | 4,218,000 | 2,711,000 | 2,599,000 | 2,596,000 | 2,620,000 | 2,256,000 | 2,085,000 | 2,492,000 |
| Number Of Employees | 78 | 73 | 95 | 114 | 112 | 62 | 64 | 62 | 58 | 58 | 57 | 46 |
| EBITDA* | 719,172 | 1,546,643 | -1,161,948 | 898,025 | 2,016,000 | 3,301,000 | 3,981,000 | 2,888,000 | 4,232,000 | 3,728,000 | 2,174,000 | 3,907,000 |
* 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 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,604,916 | 9,041,545 | 9,933,473 | 11,236,908 | 11,410,000 | 6,512,000 | 1,858,000 | 1,896,000 | 1,360,000 | 1,372,000 | 1,521,000 | 1,640,000 |
| Intangible Assets | -2,022,000 | -2,384,000 | -2,746,000 | 0 | -3,470,000 | 0 | -197,000 | -389,000 | -581,000 | -773,000 | -965,000 | -1,158,000 |
| Investments & Other | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 1,500,000 | 1,500,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,082,916 | 7,157,545 | 7,687,473 | 11,736,908 | 8,440,000 | 7,012,000 | 2,161,000 | 3,007,000 | 2,279,000 | 599,000 | 556,000 | 482,000 |
| Stock & work in progress | 2,758,761 | 2,732,252 | 1,847,278 | 1,815,900 | 2,591,000 | 686,000 | 823,000 | 1,143,000 | 447,000 | 376,000 | 503,000 | 585,000 |
| Trade Debtors | 2,764,920 | 1,050,608 | 1,132,800 | 3,241,189 | 3,580,000 | 2,159,000 | 1,821,000 | 1,173,000 | 1,665,000 | 237,000 | 284,000 | 552,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 323,648 | 693,461 | 583,060 | 434,019 | 464,000 | 245,000 | 282,000 | 159,000 | 166,000 | 116,000 | 85,000 | 124,000 |
| Cash | 327,054 | 1,492,731 | 444,123 | 419,881 | 1,035,000 | 2,898,000 | 3,458,000 | 1,915,000 | 1,411,000 | 4,766,000 | 3,133,000 | 3,664,000 |
| misc current assets | 0 | 0 | 0 | 0 | 36,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,174,383 | 5,969,052 | 4,007,261 | 5,910,989 | 7,706,000 | 5,988,000 | 6,384,000 | 4,390,000 | 3,689,000 | 5,495,000 | 4,005,000 | 4,925,000 |
| total assets | 13,257,299 | 13,126,597 | 11,694,734 | 17,647,897 | 16,146,000 | 13,000,000 | 8,545,000 | 7,397,000 | 5,968,000 | 6,094,000 | 4,561,000 | 5,407,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 1,533,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 511,730 | 1,000,000 | 778,995 | 2,043,685 | 0 | 2,639,000 | 58,000 | 395,000 | 376,000 | 40,000 | 73,000 | 72,000 |
| Trade Creditors | 2,395,032 | 1,876,957 | 664,979 | 1,505,414 | 2,303,000 | 1,277,000 | 1,302,000 | 1,874,000 | 1,375,000 | 901,000 | 794,000 | 702,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 922,405 | 704,236 | 3,408 | 0 | 64,000 | 46,000 | 28,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 372,531 | 432,000 | 379,182 | 846,522 | 852,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,195,556 | 295,399 | 1,090,484 | 1,094,524 | 1,210,000 | 415,000 | 901,000 | 565,000 | 931,000 | 741,000 | 561,000 | 1,388,000 |
| total current liabilities | 5,397,254 | 4,308,592 | 2,917,048 | 5,490,145 | 5,962,000 | 4,377,000 | 2,289,000 | 2,834,000 | 2,682,000 | 1,682,000 | 1,428,000 | 2,162,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45,000 | 445,000 | 0 | 40,000 | 112,000 |
| hp & lease commitments | 2,379,628 | 2,187,442 | 2,619,442 | 1,413,000 | 2,255,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 580,000 | 580,000 | 3,108,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 629,771 | 724,896 | 1,068,484 | 949,975 | 958,000 | 275,000 | 115,000 | 108,000 | 37,000 | 8,000 | 5,000 | 6,000 |
| total long term liabilities | 3,009,399 | 3,492,338 | 4,267,926 | 5,470,975 | 3,213,000 | 275,000 | 115,000 | 153,000 | 482,000 | 8,000 | 45,000 | 118,000 |
| total liabilities | 8,406,653 | 7,800,930 | 7,184,974 | 10,961,120 | 9,175,000 | 4,652,000 | 2,404,000 | 2,987,000 | 3,164,000 | 1,690,000 | 1,473,000 | 2,280,000 |
| net assets | 4,850,646 | 5,325,667 | 4,509,760 | 6,686,777 | 6,971,000 | 8,348,000 | 6,141,000 | 4,410,000 | 2,804,000 | 4,404,000 | 3,088,000 | 3,127,000 |
| total shareholders funds | 4,850,646 | 5,325,667 | 4,509,760 | 6,686,777 | 6,971,000 | 8,348,000 | 6,141,000 | 4,410,000 | 2,804,000 | 4,404,000 | 3,088,000 | 3,127,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -205,077 | 608,568 | -2,192,947 | -217,144 | 1,448,000 | 2,730,000 | 3,451,000 | 2,420,000 | 3,807,000 | 3,314,000 | 2,158,000 | 3,898,000 |
| Depreciation | 562,249 | 576,075 | 668,999 | 753,169 | 417,000 | 374,000 | 338,000 | 276,000 | 233,000 | 222,000 | 209,000 | 201,000 |
| Amortisation | 362,000 | 362,000 | 362,000 | 362,000 | 151,000 | 197,000 | 192,000 | 192,000 | 192,000 | 192,000 | -193,000 | -192,000 |
| Tax | 179,755 | 644,426 | 334,669 | 61,791 | -224,000 | -434,000 | -659,000 | -221,000 | -806,000 | -760,000 | -508,000 | -1,026,000 |
| Stock | 26,509 | 884,974 | 31,378 | -775,100 | 1,905,000 | -137,000 | -320,000 | 696,000 | 71,000 | -127,000 | -82,000 | 585,000 |
| Debtors | 1,344,499 | 28,209 | -1,959,348 | -368,792 | 1,640,000 | 301,000 | 771,000 | -499,000 | 1,478,000 | -16,000 | -307,000 | 676,000 |
| Creditors | 518,075 | 1,211,978 | -840,435 | -797,586 | 1,026,000 | -25,000 | -572,000 | 499,000 | 474,000 | 107,000 | 92,000 | 702,000 |
| Accruals and Deferred Income | 900,157 | -795,085 | -4,040 | -115,476 | 795,000 | -486,000 | 336,000 | -366,000 | 190,000 | 180,000 | -827,000 | 1,388,000 |
| Deferred Taxes & Provisions | -95,125 | -343,588 | 118,509 | -8,025 | 683,000 | 160,000 | 7,000 | 71,000 | 29,000 | 3,000 | -1,000 | 6,000 |
| Cash flow from operations | 851,026 | 1,351,191 | 374,725 | 1,182,621 | 751,000 | 2,352,000 | 2,642,000 | 2,674,000 | 2,570,000 | 3,401,000 | 1,319,000 | 3,716,000 |
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -2,268,000 | -4,920,000 | 700,000 | -812,000 | -4,221,000 | -73,000 | -90,000 | -43,000 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -1,000,000 | 0 | 1,500,000 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -2,268,000 | -4,920,000 | 1,700,000 | -812,000 | -5,721,000 | -73,000 | -90,000 | -43,000 |
| Financing Activities | ||||||||||||
| Bank loans | -488,270 | 221,005 | -1,264,690 | 2,043,685 | -2,639,000 | 2,581,000 | -337,000 | 19,000 | 336,000 | -33,000 | 1,000 | 72,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 218,169 | 700,828 | 3,408 | -64,000 | 18,000 | 18,000 | 28,000 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -45,000 | -400,000 | 445,000 | -40,000 | -72,000 | 112,000 |
| Hire Purchase and Lease Commitments | 132,717 | -379,182 | 739,102 | -847,478 | 3,107,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -580,000 | 0 | -2,528,000 | 3,108,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | -449,699 | -437,087 | -318,739 | -129,429 | -101,000 | -47,000 | -61,000 | -93,000 | -12,000 | -13,000 | -14,000 | -40,000 |
| cash flow from financing | -1,167,083 | 105,564 | -3,368,919 | 4,111,337 | 385,000 | 2,552,000 | -415,000 | -474,000 | 780,000 | -86,000 | -85,000 | 439,000 |
| cash and cash equivalents | ||||||||||||
| cash | -1,165,677 | 1,048,608 | 24,242 | -615,119 | -1,863,000 | -560,000 | 1,543,000 | 504,000 | -3,355,000 | 1,633,000 | -531,000 | 3,664,000 |
| overdraft | 0 | 0 | 0 | -1,533,000 | 1,533,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,165,677 | 1,048,608 | 24,242 | 917,881 | -3,396,000 | -560,000 | 1,543,000 | 504,000 | -3,355,000 | 1,633,000 | -531,000 | 3,664,000 |
tinmasters group limited Credit Report and Business Information
Tinmasters Group Limited Competitor Analysis
Perform a competitor analysis for tinmasters group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
tinmasters group limited Ownership
TINMASTERS GROUP LIMITED group structure
Tinmasters Group Limited has 2 subsidiary companies.
Ultimate parent company
TINMASTERS GROUP LIMITED
07405245
2 subsidiaries
tinmasters group limited directors
Tinmasters Group Limited currently has 3 directors. The longest serving directors include Ms Jane Crawford (Dec 2012) and Mr Christopher Edge (Sep 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Jane Crawford | England | 67 years | Dec 2012 | - | Director |
| Mr Christopher Edge | 74 years | Sep 2015 | - | Director | |
| Mr Richard O'Neill | Wales | 55 years | Feb 2020 | - | Director |
P&L
December 2022turnover
15.3m
+25%
operating profit
-205.1k
-134%
gross margin
22.3%
-6.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
4.9m
-0.09%
total assets
13.3m
+0.01%
cash
327.1k
-0.78%
net assets
Total assets minus all liabilities
tinmasters group limited company details
company number
07405245
Type
Private limited with Share Capital
industry
64202 - Activities of production holding companies
incorporation date
October 2010
age
14
accounts
Group
ultimate parent company
previous names
caldicot metal decorating holdings limited (September 2018)
newincco 1051 limited (November 2010)
incorporated
UK
address
tinmasters bryntywod, llangyfelach, swansea, SA5 7LN
last accounts submitted
December 2022
tinmasters group 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 6 charges/mortgages relating to tinmasters group limited. Currently there are 3 open charges and 3 have been satisfied in the past.
tinmasters group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
