Pomanda estimates the enterprise value of TIMBIC LIMITED at £36.7k based on a Turnover of £89.7k and 0.41x industry multiple (adjusted for size and gross margin).
timbic limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TIMBIC LIMITED at £0 based on an EBITDA of £0 and a 2.78x industry multiple (adjusted for size and gross margin).
timbic limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TIMBIC LIMITED at £0 based on Net Assets of £-47.1k and 1.88x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Timbic LimitedOverview
Timbic Limited is a live company located in cirencester, GL7 6PE with a Companies House number of 07708711. It operates in the manufacture of other non-metallic mineral products n.e.c. sector, SIC Code 23990. Founded in July 2011, it's largest shareholder is
robert binns
with a 50% stake. Timbic Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£89.7k with
low
growth in recent years.
Pomanda's financial health check has awarded Timbic 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
1 Regular
6 Weak
Size
annual sales of £89.7k, make it smaller than the average company (£25m)
£89.7k - Timbic Limited
£25m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (7.5%)
1% - Timbic Limited
7.5% - Industry AVG
Production
with a gross margin of 16.3%, this company has a higher cost of product (24.2%)
16.3% - Timbic Limited
24.2% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Timbic Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (59)
1 - Timbic Limited
59 - Industry AVG
Pay Structure
on an average salary of £50.2k, the company has an equivalent pay structure (£50.2k)
£50.2k - Timbic Limited
£50.2k - Industry AVG
Efficiency
resulting in sales per employee of £89.7k, this is less efficient (£323.5k)
£89.7k - Timbic Limited
£323.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (46 days)
0 days - Timbic Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 229 days, this is slower than average (39 days)
229 days - Timbic Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Timbic Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Timbic Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47193%, this is a higher level of debt than the average (57.5%)
47193% - Timbic Limited
57.5% - Industry AVG
TIMBIC LIMITED financials
EXPORT
Timbic Limited's latest turnover from July 2023 is estimated at £89.7 thousand and the company has net assets of -£47.1 thousand. According to their latest financial statements, we estimate that Timbic Limited has 1 employee 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
89,736
76,372
77,274
86,509
77,608
78,909
90,291
103,375
97,753
96,363
101,932
34,127
Other Income Or Grants
Cost Of Sales
75,125
65,145
65,466
71,315
65,388
64,127
73,374
84,094
82,467
82,945
87,566
28,822
Gross Profit
14,610
11,227
11,807
15,194
12,220
14,782
16,917
19,280
15,286
13,419
14,366
5,305
Admin Expenses
14,610
11,227
11,807
15,194
12,220
23,537
18,364
20,651
17,781
15,537
28,775
21,805
Operating Profit
-8,755
-1,447
-1,371
-2,495
-2,118
-14,409
-16,500
Interest Payable
Interest Receivable
1
1
Pre-Tax Profit
-8,755
-1,447
-1,370
-2,494
-2,118
-14,409
-16,500
Tax
Profit After Tax
-8,755
-1,447
-1,370
-2,494
-2,118
-14,409
-16,500
Dividends Paid
Retained Profit
-8,755
-1,447
-1,370
-2,494
-2,118
-14,409
-16,500
Employee Costs
50,207
43,089
39,559
42,132
42,303
43,823
44,401
43,552
40,955
39,489
40,297
38,443
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
-8,755
-1,447
-1,190
-2,316
-1,939
-14,230
-16,321
* 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
181
360
539
718
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
181
360
539
718
Stock & work in progress
Trade Debtors
100
100
100
100
100
100
8,835
8,756
8,756
8,756
9,456
1,822
Group Debtors
Misc Debtors
Cash
41
425
20
misc current assets
total current assets
100
100
100
100
100
100
8,835
8,797
9,181
8,776
9,456
1,822
total assets
100
100
100
100
100
100
8,835
8,797
9,362
9,136
9,995
2,540
Bank overdraft
Bank loan
Trade Creditors
47,193
47,193
47,193
47,193
47,193
47,193
45,193
45,588
44,783
42,063
40,804
18,940
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
47,193
47,193
47,193
47,193
47,193
47,193
45,193
45,588
44,783
42,063
40,804
18,940
loans
hp & lease commitments
Accruals and Deferred Income
1,980
other liabilities
provisions
total long term liabilities
1,980
total liabilities
47,193
47,193
47,193
47,193
47,193
47,193
47,173
45,588
44,783
42,063
40,804
18,940
net assets
-47,093
-47,093
-47,093
-47,093
-47,093
-47,093
-38,338
-36,791
-35,421
-32,927
-30,809
-16,400
total shareholders funds
-47,093
-47,093
-47,093
-47,093
-47,093
-47,093
-38,338
-36,791
-35,421
-32,927
-30,809
-16,400
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
-8,755
-1,447
-1,371
-2,495
-2,118
-14,409
-16,500
Depreciation
181
179
179
179
179
Amortisation
Tax
Stock
Debtors
-8,735
79
-700
7,634
1,822
Creditors
2,000
-395
805
2,720
1,259
21,864
18,940
Accruals and Deferred Income
-1,980
1,980
Deferred Taxes & Provisions
Cash flow from operations
59
-385
404
20
797
Investing Activities
capital expenditure
-897
Change in Investments
cash flow from investments
-897
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-100
100
interest
1
1
cash flow from financing
-100
1
1
100
cash and cash equivalents
cash
-41
-384
405
20
overdraft
change in cash
-41
-384
405
20
timbic 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 timbic limited. Get real-time insights into timbic limited's credit score, group structure and payment trends.
Perform a competitor analysis for timbic limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in GL7 area or any other competitors across 12 key performance metrics.
timbic limited Ownership
TIMBIC LIMITED group structure
Timbic Limited has no subsidiary companies.
Ultimate parent company
TIMBIC LIMITED
07708711
TIMBIC LIMITED Shareholders
The largest shareholders in Timbic Limited include Robert Binns and Patrick Kinmont.
robert binns
50%
patrick kinmont
50%
timbic limited directors
Timbic Limited currently has 2 directors.
The longest serving directors include
Mr Robert Binns (Jul 2011) and
Mr Patrick Kinmont (Oct 2011).
23990 - Manufacture of other non-metallic mineral products n.e.c.
incorporation date
July 2011
age
14
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
manor farm house rodmarton, cirencester, GL7 6PE
Bank
-
Legal Advisor
-
timbic 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 timbic limited.
timbic 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.
Click to start generating capital raising & share issue transactions for TIMBIC LIMITED. This can take several minutes, an email will notify you when this has completed.
timbic limitedCompanies House Filings - See Documents
