l tees offshore limited Company Information
Company Number
07703004
Website
-Registered Address
7 eggleston court, middlesbrough, TS2 1RU
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Directors
Lee Trainer13 Years
Shareholders
lee trainer 50%
natalie trainer 50%
l tees offshore limited Estimated Valuation
Pomanda estimates the enterprise value of L TEES OFFSHORE LIMITED at £203.7k based on a Turnover of £499.4k and 0.41x industry multiple (adjusted for size and gross margin).
l tees offshore limited Estimated Valuation
Pomanda estimates the enterprise value of L TEES OFFSHORE LIMITED at £159.4k based on an EBITDA of £51.1k and a 3.12x industry multiple (adjusted for size and gross margin).
l tees offshore limited Estimated Valuation
Pomanda estimates the enterprise value of L TEES OFFSHORE LIMITED at £308.8k based on Net Assets of £120.4k and 2.57x industry multiple (adjusted for liquidity).
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L Tees Offshore Limited Overview
L Tees Offshore Limited is a live company located in middlesbrough, TS2 1RU with a Companies House number of 07703004. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2011, it's largest shareholder is lee trainer with a 50% stake. L Tees Offshore Limited is a established, micro sized company, Pomanda has estimated its turnover at £499.4k with high growth in recent years.
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L Tees Offshore Limited Health Check
Pomanda's financial health check has awarded L Tees Offshore Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £499.4k, make it smaller than the average company (£3.6m)
- L Tees Offshore Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (4.9%)
- L Tees Offshore Limited
4.9% - Industry AVG
Production
with a gross margin of 17.2%, this company has a higher cost of product (37.5%)
- L Tees Offshore Limited
37.5% - Industry AVG
Profitability
an operating margin of 10.2% make it more profitable than the average company (6.1%)
- L Tees Offshore Limited
6.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (23)
- L Tees Offshore Limited
23 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- L Tees Offshore Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £249.7k, this is more efficient (£151.6k)
- L Tees Offshore Limited
£151.6k - Industry AVG
Debtor Days
it gets paid by customers after 121 days, this is later than average (40 days)
- L Tees Offshore Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (32 days)
- L Tees Offshore Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- L Tees Offshore Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - L Tees Offshore Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.2%, this is a lower level of debt than the average (61.5%)
34.2% - L Tees Offshore Limited
61.5% - Industry AVG
L TEES OFFSHORE LIMITED financials
L Tees Offshore Limited's latest turnover from July 2023 is estimated at £499.4 thousand and the company has net assets of £120.4 thousand. According to their latest financial statements, we estimate that L Tees Offshore Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 1 | 2 | 2 | 2 | 2 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 17,213 | 22,832 | 30,468 | 10,433 | 10,339 | 13,804 | 14,807 | 291 | 538 | 836 | 1,350 | 15,994 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 17,213 | 22,832 | 30,468 | 10,433 | 10,339 | 13,804 | 14,807 | 291 | 538 | 836 | 1,350 | 15,994 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 165,738 | 107,901 | 123,953 | 94,006 | 34,854 | 17,987 | 29,441 | 18,204 | 4,647 | 13,759 | 11,258 | 8,321 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 883 | 6,287 | 3,739 | 4,049 | 2,143 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 165,738 | 107,901 | 123,953 | 94,006 | 34,854 | 17,987 | 29,441 | 19,087 | 10,934 | 17,498 | 15,307 | 10,464 |
total assets | 182,951 | 130,733 | 154,421 | 104,439 | 45,193 | 31,791 | 44,248 | 19,378 | 11,472 | 18,334 | 16,657 | 26,458 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 42,555 | 18,671 | 25,022 | 47,796 | 21,108 | 15,209 | 9,648 | 16,191 | 8,488 | 14,429 | 12,002 | 12,178 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 42,555 | 18,671 | 25,022 | 47,796 | 21,108 | 15,209 | 9,648 | 16,191 | 8,488 | 14,429 | 12,002 | 12,178 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 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 | 20,000 | 30,000 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,012 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,200 |
total long term liabilities | 20,000 | 30,000 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,212 |
total liabilities | 62,555 | 48,671 | 65,022 | 47,796 | 21,108 | 15,209 | 9,648 | 16,191 | 8,488 | 14,429 | 12,002 | 22,390 |
net assets | 120,396 | 82,062 | 89,399 | 56,643 | 24,085 | 16,582 | 34,600 | 3,187 | 2,984 | 3,905 | 4,655 | 4,068 |
total shareholders funds | 120,396 | 82,062 | 89,399 | 56,643 | 24,085 | 16,582 | 34,600 | 3,187 | 2,984 | 3,905 | 4,655 | 4,068 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 247 | 298 | 514 | 2,933 | 1,598 | |||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | |||||||
Tax | ||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 57,837 | -16,052 | 29,947 | 59,152 | 16,867 | -11,454 | 11,237 | 13,557 | -9,112 | 2,501 | 2,937 | 8,321 |
Creditors | 23,884 | -6,351 | -22,774 | 26,688 | 5,899 | 5,561 | -6,543 | 7,703 | -5,941 | 2,427 | -176 | 12,178 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,200 | 3,200 |
Cash flow from operations | ||||||||||||
Investing Activities | ||||||||||||
capital expenditure | ||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||
Financing Activities | ||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -10,000 | -10,000 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,012 | 7,012 |
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -883 | -5,404 | 2,548 | -310 | 1,906 | 2,143 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -883 | -5,404 | 2,548 | -310 | 1,906 | 2,143 |
l tees offshore limited Credit Report and Business Information
L Tees Offshore Limited Competitor Analysis
Perform a competitor analysis for l tees offshore limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in TS2 area or any other competitors across 12 key performance metrics.
l tees offshore limited Ownership
L TEES OFFSHORE LIMITED group structure
L Tees Offshore Limited has no subsidiary companies.
Ultimate parent company
L TEES OFFSHORE LIMITED
07703004
l tees offshore limited directors
L Tees Offshore Limited currently has 1 director, Lee Trainer serving since Jul 2011.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Lee Trainer | England | 42 years | Jul 2011 | - | Director |
P&L
July 2023turnover
499.4k
+124%
operating profit
51.1k
0%
gross margin
17.2%
+1.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
120.4k
+0.47%
total assets
183k
+0.4%
cash
0
0%
net assets
Total assets minus all liabilities
l tees offshore limited company details
company number
07703004
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2011
age
13
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
7 eggleston court, middlesbrough, TS2 1RU
accountant
-
auditor
-
l tees offshore 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 l tees offshore limited.
l tees offshore limited Companies House Filings - See Documents
date | description | view/download |
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