Pomanda estimates the enterprise value of TIIC PROJECTS LIMITED at £557.2k based on a Turnover of £1.1m and 0.49x industry multiple (adjusted for size and gross margin).
tiic projects limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TIIC PROJECTS LIMITED at £0 based on an EBITDA of £-35.8k and a 3.88x industry multiple (adjusted for size and gross margin).
tiic projects limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TIIC PROJECTS LIMITED at £0 based on Net Assets of £-5.6k and 1.41x industry multiple (adjusted for liquidity).
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Tiic Projects LimitedOverview
Tiic Projects Limited is a live company located in stafford, ST16 1GZ with a Companies House number of 07522761. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2011, it's largest shareholder is
inglewood investment company ltd
with a 100% stake. Tiic Projects Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Tiic Projects Limited a 1.5 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 Rating1.5out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£2.3m)
£1.1m - Tiic Projects Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (6%)
38% - Tiic Projects Limited
6% - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
26.3% - Tiic Projects Limited
26.3% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (7.5%)
-3.1% - Tiic Projects Limited
7.5% - Industry AVG
Employees
with 10 employees, this is above the industry average (6)
10 - Tiic Projects Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
£48.3k - Tiic Projects Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £113.7k, this is less efficient (£277.7k)
£113.7k - Tiic Projects Limited
£277.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Tiic Projects Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (31 days)
0 days - Tiic Projects Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tiic Projects Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (11 weeks)
2 weeks - Tiic Projects Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1638.7%, this is a higher level of debt than the average (73.8%)
1638.7% - Tiic Projects Limited
73.8% - Industry AVG
TIIC PROJECTS LIMITED financials
EXPORT
Tiic Projects Limited's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of -£5.6 thousand. According to their latest financial statements, Tiic Projects Limited has 10 employees and maintains cash reserves of £305 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Turnover
1,136,865
999,274
1,880,910
436,545
612,798
606,202
594,693
796,455
826,822
632,135
14,221,922
3,816,451
2,379,222
Other Income Or Grants
Cost Of Sales
838,229
740,759
1,419,373
329,827
447,701
435,287
418,782
551,314
575,321
443,611
9,972,427
2,677,451
1,677,156
Gross Profit
298,636
258,515
461,537
106,717
165,097
170,915
175,911
245,141
251,501
188,524
4,249,495
1,139,000
702,066
Admin Expenses
334,484
262,598
589,802
108,913
267,151
175,518
435,515
234,198
-100,102
192,824
3,948,091
1,129,993
705,520
Operating Profit
-35,848
-4,083
-128,265
-2,196
-102,054
-4,603
-259,604
10,943
351,603
-4,300
301,404
9,007
-3,454
Interest Payable
Interest Receivable
846
1,403
282
34
80
1,673
825
75
394
2,448
2,175
39
25
Pre-Tax Profit
-35,002
-2,680
-127,983
-2,162
-101,974
-2,930
-258,779
11,019
351,998
-1,852
303,579
9,046
-3,429
Tax
-2,204
-70,399
-69,823
-2,171
Profit After Tax
-35,002
-2,680
-127,983
-2,162
-101,974
-2,930
-258,779
8,815
281,598
-1,852
233,756
6,875
-3,429
Dividends Paid
Retained Profit
-35,002
-2,680
-127,983
-2,162
-101,974
-2,930
-258,779
8,815
281,598
-1,852
233,756
6,875
-3,429
Employee Costs
482,620
413,520
311,182
303,232
303,950
297,937
295,173
289,314
281,186
115,246
1,913,009
535,305
349,231
Number Of Employees
10
9
7
7
7
7
7
7
7
3
52
15
10
EBITDA*
-35,848
-4,083
-128,265
-2,196
-102,054
-4,603
-259,604
10,943
351,603
-4,300
301,404
9,007
-3,454
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
113,468
93,136
90,661
90,022
1,542,301
1,472,205
1,966,079
1,895,926
1,176,615
748,163
Trade Debtors
4,888
40,418
40,418
35,530
35,530
35,530
7,334
7,414
Group Debtors
24
504
Misc Debtors
62
873
903
8,983
6,790
3,628
6,929
29,550
2,885
16,721
Cash
305
31,921
34,123
41,159
26,653
133,796
312,273
17,536
42,687
114,964
864,379
5,589
9,861
misc current assets
total current assets
367
32,794
35,026
168,498
166,997
268,527
445,258
1,624,917
1,553,307
2,097,764
2,760,305
1,189,538
765,438
total assets
367
32,794
35,026
168,498
166,997
268,527
445,258
1,624,917
1,553,307
2,097,764
2,760,305
1,189,538
765,438
Bank overdraft
Bank loan
Trade Creditors
187
353
1,873
2,029
2,328
2,509
6,334
5,696
2,016
2,523,003
1,185,992
768,767
Group/Directors Accounts
3,667
1,167
1,167
1,167
1,167
1,089,056
959,056
1,858,906
other short term finances
hp & lease commitments
other current liabilities
2,160
1,919
1,824
5,440
1,621
2,045
175,665
3,664
71,507
1,392
total current liabilities
6,014
3,439
2,991
8,480
4,817
4,373
178,174
1,099,054
1,036,259
1,862,314
2,523,003
1,185,992
768,767
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
6,014
3,439
2,991
8,480
4,817
4,373
178,174
1,099,054
1,036,259
1,862,314
2,523,003
1,185,992
768,767
net assets
-5,647
29,355
32,035
160,018
162,180
264,154
267,084
525,863
517,048
235,450
237,302
3,546
-3,329
total shareholders funds
-5,647
29,355
32,035
160,018
162,180
264,154
267,084
525,863
517,048
235,450
237,302
3,546
-3,329
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Operating Activities
Operating Profit
-35,848
-4,083
-128,265
-2,196
-102,054
-4,603
-259,604
10,943
351,603
-4,300
301,404
9,007
-3,454
Depreciation
Amortisation
Tax
-2,204
-70,399
-69,823
-2,171
Stock
-113,468
20,332
2,475
639
-1,452,279
70,096
-493,874
70,153
719,311
428,452
748,163
Debtors
-811
-30
-12,968
-33,337
3,138
1,107
-22,117
26,665
21,694
16,721
-7,334
-80
7,414
Creditors
-166
353
-1,873
-156
-299
-181
-3,825
638
3,680
-2,520,987
1,337,011
417,225
768,767
Accruals and Deferred Income
241
95
-3,616
3,819
-424
-173,620
172,001
-67,843
70,115
1,392
Deferred Taxes & Provisions
Cash flow from operations
-34,962
-3,605
-7,318
14,472
-108,390
-180,150
1,382,968
-155,227
827,179
-2,610,769
856,615
-4,311
9,736
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
2,500
1,167
-1,089,056
130,000
-899,850
1,858,906
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
846
1,403
282
34
80
1,673
825
75
394
2,448
2,175
39
25
cash flow from financing
3,346
1,403
282
34
1,247
1,673
-1,088,231
130,075
-899,456
1,861,354
2,175
39
125
cash and cash equivalents
cash
-31,616
-2,202
-7,036
14,506
-107,143
-178,477
294,737
-25,151
-72,277
-749,415
858,790
-4,272
9,861
overdraft
change in cash
-31,616
-2,202
-7,036
14,506
-107,143
-178,477
294,737
-25,151
-72,277
-749,415
858,790
-4,272
9,861
tiic projects limited 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 tiic projects limited. Get real-time insights into tiic projects limited's credit score, group structure and payment trends.
Perform a competitor analysis for tiic projects limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in ST16 area or any other competitors across 12 key performance metrics.
tiic projects limited Ownership
TIIC PROJECTS LIMITED group structure
Tiic Projects Limited has no subsidiary companies.
The sole shareholder of Tiic Projects Limited is Inglewood Investment Company Ltd.
inglewood investment company ltd
100%
tiic projects limited directors
Tiic Projects Limited currently has 10 directors.
The longest serving directors include
Mr Albert Greatrex (Feb 2011) and
Mr Thomas Follows (Feb 2011).
gibson house hurricane court, hurricane close, stafford, ST16 1GZ
Bank
-
Legal Advisor
-
tiic projects 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 did not find charges/mortgages relating to tiic projects limited.
tiic projects limited 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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tiic projects limitedCompanies House Filings - See Documents
