tg1 holding ltd
tg1 holding ltd Company Information
Company Number
07871683
Website
-Registered Address
2 barrow man road, birchington, kent ct7 oax, CT7 0AX
Industry
Growing of vegetables and melons, roots and tubers
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
thanet earth investments limited 50%
kaaij uk holding bv 25%
View Alltg1 holding ltd Estimated Valuation
Pomanda estimates the enterprise value of TG1 HOLDING LTD at £0 based on a Turnover of £20.6m and -0.21x industry multiple (adjusted for size and gross margin).
tg1 holding ltd Estimated Valuation
Pomanda estimates the enterprise value of TG1 HOLDING LTD at £0 based on an EBITDA of £5.6m and a -3.24x industry multiple (adjusted for size and gross margin).
tg1 holding ltd Estimated Valuation
Pomanda estimates the enterprise value of TG1 HOLDING LTD at £16.6m based on Net Assets of £12.9m and 1.29x industry multiple (adjusted for liquidity).
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Tg1 Holding Ltd Overview
Tg1 Holding Ltd is a live company located in kent ct7 oax, CT7 0AX with a Companies House number of 07871683. It operates in the growing of vegetables and melons, roots and tubers sector, SIC Code 01130. Founded in December 2011, it's largest shareholder is thanet earth investments limited with a 50% stake. Tg1 Holding Ltd is a established, large sized company, Pomanda has estimated its turnover at £20.6m with healthy growth in recent years.
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Tg1 Holding Ltd Health Check
Pomanda's financial health check has awarded Tg1 Holding Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £20.6m, make it larger than the average company (£7.3m)
£20.6m - Tg1 Holding Ltd
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (3.8%)
5% - Tg1 Holding Ltd
3.8% - Industry AVG
Production
with a gross margin of -41.3%, this company has a higher cost of product (15.1%)
-41.3% - Tg1 Holding Ltd
15.1% - Industry AVG
Profitability
an operating margin of 12.1% make it more profitable than the average company (1.5%)
12.1% - Tg1 Holding Ltd
1.5% - Industry AVG
Employees
with 9 employees, this is below the industry average (45)
9 - Tg1 Holding Ltd
45 - Industry AVG
Pay Structure
on an average salary of £8.8k, the company has a lower pay structure (£29.9k)
£8.8k - Tg1 Holding Ltd
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £2.3m, this is more efficient (£116.3k)
£2.3m - Tg1 Holding Ltd
£116.3k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (25 days)
6 days - Tg1 Holding Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (31 days)
14 days - Tg1 Holding Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 34 days, this is more than average (27 days)
34 days - Tg1 Holding Ltd
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (8 weeks)
4 weeks - Tg1 Holding Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70%, this is a higher level of debt than the average (62.4%)
70% - Tg1 Holding Ltd
62.4% - Industry AVG
TG1 HOLDING LTD financials
Tg1 Holding Ltd's latest turnover from December 2022 is £20.6 million and the company has net assets of £12.9 million. According to their latest financial statements, Tg1 Holding Ltd has 9 employees and maintains cash reserves of £1 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 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,586,147 | 16,477,065 | 15,765,690 | 17,615,934 | 19,398,752 | 14,829,334 | 7,342,165 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 29,081,912 | 21,357,297 | 15,319,893 | 20,668,135 | 19,898,377 | 13,860,833 | 6,774,423 | ||||
| Gross Profit | -8,495,765 | -4,880,232 | 445,797 | -3,052,201 | -499,625 | 968,501 | 567,742 | ||||
| Admin Expenses | -10,978,949 | -6,175,324 | -668,932 | -2,735,590 | -2,165,926 | -1,104,414 | -858,062 | ||||
| Operating Profit | 2,483,184 | 1,295,092 | 1,114,729 | -316,611 | 1,666,301 | 2,072,915 | 1,425,804 | -4,157 | -3,359 | -4,617 | -10,787 |
| Interest Payable | 658,211 | 621,058 | 677,489 | 747,975 | 1,065,821 | 1,048,370 | 421,364 | 415,979 | 471,292 | 521,184 | 71,325 |
| Interest Receivable | 52,259 | 59,402 | 46,616 | 26,761 | 30,586 | 1,031 | 10,488 | 415,979 | 471,292 | 521,184 | 80,235 |
| Pre-Tax Profit | 1,877,232 | 939,686 | 483,856 | -1,037,825 | 631,066 | 1,026,576 | 1,014,928 | 70,537 | -3,359 | -4,617 | -1,877 |
| Tax | -1,575,400 | -830,001 | -316,446 | 62,625 | -162,786 | -335,778 | -226,241 | 0 | 0 | -84 | 0 |
| Profit After Tax | 301,832 | 109,685 | 167,410 | -975,200 | 468,280 | 690,798 | 788,687 | 70,537 | -3,359 | -4,701 | -1,877 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 64,400 | 0 | 0 | 0 |
| Retained Profit | 318,534 | 12,268 | 174,281 | -978,153 | 466,602 | 690,798 | 788,687 | 6,137 | -3,359 | -4,701 | -1,877 |
| Employee Costs | 79,093 | 74,413 | 10,352 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Number Of Employees | 9 | 9 | 6 | 5 | 4 | 4 | 4 | 4 | 4 | ||
| EBITDA* | 5,637,142 | 4,041,649 | 3,825,075 | 3,211,518 | 6,112,342 | 5,590,086 | 1,425,804 | -4,157 | -3,359 | -4,617 | -10,787 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,026,004 | 26,835,399 | 28,032,212 | 30,739,464 | 33,900,388 | 38,101,204 | 23,722,544 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 38,126 | 43,573 | 49,020 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 73,726 | 61,000 | 154,441 | 147,570 | 144,617 | 142,939 | 61,200 | 1,378,697 | 1,378,697 | 1,378,697 | 1,317,697 |
| Debtors (Due After 1 year) | 2,906,304 | 1,081,668 | 0 | 0 | 0 | 0 | 0 | 8,222,500 | 14,630,493 | 15,895,935 | 13,071,325 |
| Total Fixed Assets | 33,006,034 | 27,978,067 | 28,186,653 | 30,925,160 | 34,088,578 | 38,293,163 | 23,783,744 | 9,601,197 | 16,009,190 | 17,274,632 | 14,389,022 |
| Stock & work in progress | 2,772,475 | 3,816,152 | 2,865,783 | 2,373,344 | 3,004,843 | 3,055,372 | 1,189,570 | 0 | 0 | 0 | 0 |
| Trade Debtors | 363,807 | 1,070,969 | 2,471,802 | 2,313,303 | 864,964 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 1,389,847 | 776,240 | 5,136,882 | 0 | 0 | 0 |
| Misc Debtors | 5,776,829 | 4,503,028 | 3,351,004 | 1,969,693 | 1,272,417 | 797,274 | 293,159 | 0 | 0 | 0 | 1,594 |
| Cash | 1,015,569 | 2,780,960 | 1,528,521 | 1,027,069 | 3,520,466 | 2,707,224 | 2,977,333 | 380,523 | 375,116 | 385,342 | 4,485,706 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,928,680 | 12,171,109 | 10,217,110 | 7,683,409 | 8,662,690 | 7,949,717 | 5,236,302 | 5,517,405 | 375,116 | 385,342 | 4,487,300 |
| total assets | 42,934,714 | 40,149,176 | 38,403,763 | 38,608,569 | 42,751,268 | 46,242,880 | 29,020,046 | 15,118,602 | 16,384,306 | 17,659,974 | 18,876,322 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,265,000 | 165,000 |
| Bank loan | 3,092,662 | 2,573,950 | 2,573,950 | 2,779,513 | 3,121,200 | 3,396,200 | 2,268,200 | 1,265,000 | 1,265,000 | 0 | 0 |
| Trade Creditors | 1,193,370 | 808,217 | 757,202 | 2,368,935 | 1,215,384 | 875,209 | 693,476 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 13,016 | 12,362 | 306,060 | 197,150 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 31,800 | 36,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 6,849,883 | 8,940,757 | 5,127,822 | 3,100,143 | 4,196,196 | 4,912,067 | 1,098,992 | 34,902 | 41,743 | 49,052 | 628,199 |
| total current liabilities | 11,180,731 | 12,371,286 | 8,765,034 | 8,445,741 | 8,532,780 | 9,183,476 | 4,060,668 | 1,299,902 | 1,306,743 | 1,314,052 | 793,199 |
| loans | 15,544,420 | 13,566,463 | 16,125,413 | 17,137,387 | 20,191,900 | 23,588,100 | 15,986,300 | 8,222,500 | 9,487,500 | 10,752,500 | 12,485,000 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 3,325,215 | 1,641,637 | 959,770 | 646,176 | 675,076 | 589,750 | 288,017 | 0 | 0 | 0 | 0 |
| total long term liabilities | 18,869,635 | 15,208,100 | 17,085,183 | 17,783,563 | 20,866,976 | 24,177,850 | 16,274,317 | 8,222,500 | 9,487,500 | 10,752,500 | 12,485,000 |
| total liabilities | 30,050,366 | 27,579,386 | 25,850,217 | 26,229,304 | 29,399,756 | 33,361,326 | 20,334,985 | 9,522,402 | 10,794,243 | 12,066,552 | 13,278,199 |
| net assets | 12,884,348 | 12,565,814 | 12,553,546 | 12,379,265 | 13,351,512 | 12,881,554 | 8,685,061 | 5,596,200 | 5,590,063 | 5,593,422 | 5,598,123 |
| total shareholders funds | 12,884,348 | 12,565,814 | 12,553,546 | 12,379,265 | 13,351,512 | 12,881,554 | 8,685,061 | 5,596,200 | 5,590,063 | 5,593,422 | 5,598,123 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 2,483,184 | 1,295,092 | 1,114,729 | -316,611 | 1,666,301 | 2,072,915 | 1,425,804 | -4,157 | -3,359 | -4,617 | -10,787 |
| Depreciation | 3,153,958 | 2,746,557 | 2,737,578 | 3,522,682 | 4,440,594 | 3,501,910 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | -27,232 | 5,447 | 5,447 | 15,261 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,575,400 | -830,001 | -316,446 | 62,625 | -162,786 | -335,778 | -226,241 | 0 | 0 | -84 | 0 |
| Stock | -1,043,677 | 950,369 | 492,439 | -631,499 | -50,529 | 1,865,802 | 1,189,570 | 0 | 0 | 0 | 0 |
| Debtors | 2,391,275 | 832,859 | 1,539,810 | 2,145,615 | -49,740 | 1,117,722 | -12,289,983 | -1,271,111 | -1,265,442 | 2,823,016 | 13,072,919 |
| Creditors | 385,153 | 51,015 | -1,611,733 | 1,153,551 | 340,175 | 181,733 | 693,476 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -2,090,874 | 3,812,935 | 2,027,679 | -1,096,053 | -715,871 | 3,813,075 | 1,064,090 | -6,841 | -7,309 | -579,147 | 628,199 |
| Deferred Taxes & Provisions | 1,683,578 | 681,867 | 313,594 | -28,900 | 85,326 | 301,733 | 288,017 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,692,001 | 5,974,237 | 2,205,920 | 1,788,625 | 5,759,455 | 6,567,325 | 14,345,559 | 1,260,113 | 1,254,774 | -3,406,864 | -12,455,507 |
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -239,778 | ||||||
| Change in Investments | 12,726 | -93,441 | 6,871 | 2,953 | 1,678 | 81,739 | -1,317,497 | 0 | 0 | 61,000 | 1,317,697 |
| cash flow from investments | -12,726 | 93,441 | -6,871 | -2,953 | -241,456 | ||||||
| Financing Activities | |||||||||||
| Bank loans | 518,712 | 0 | -205,563 | -341,687 | -275,000 | 1,128,000 | 1,003,200 | 0 | 1,265,000 | 0 | 0 |
| Group/Directors Accounts | 654 | -293,698 | 108,910 | 197,150 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -4,200 | 36,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,977,957 | -2,558,950 | -1,011,974 | -3,054,513 | -3,396,200 | 7,601,800 | 7,763,800 | -1,265,000 | -1,265,000 | -1,732,500 | 12,485,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | -605,952 | -561,656 | -630,873 | -721,214 | -1,035,235 | -1,047,339 | -410,876 | 0 | 0 | 0 | 8,910 |
| cash flow from financing | 1,887,171 | -3,378,304 | -1,739,500 | -3,914,358 | -4,703,079 | 11,188,156 | 10,656,298 | -1,265,000 | 0 | -1,732,500 | 18,093,910 |
| cash and cash equivalents | |||||||||||
| cash | -1,765,391 | 1,252,439 | 501,452 | -2,493,397 | 813,242 | -270,109 | 2,596,810 | 5,407 | -10,226 | -4,100,364 | 4,485,706 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,265,000 | 1,100,000 | 165,000 |
| change in cash | -1,765,391 | 1,252,439 | 501,452 | -2,493,397 | 813,242 | -270,109 | 2,596,810 | 5,407 | 1,254,774 | -5,200,364 | 4,320,706 |
tg1 holding ltd Credit Report and Business Information
Tg1 Holding Ltd Competitor Analysis
Perform a competitor analysis for tg1 holding ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
tg1 holding ltd Ownership
TG1 HOLDING LTD group structure
Tg1 Holding Ltd has 5 subsidiary companies.
Ultimate parent company
TG1 HOLDING LTD
07871683
5 subsidiaries
tg1 holding ltd directors
Tg1 Holding Ltd currently has 4 directors. The longest serving directors include Mr Adrianus Breugem (Nov 2012) and Mr Martyn Fletcher (Jul 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrianus Breugem | United Kingdom | 54 years | Nov 2012 | - | Director |
| Mr Martyn Fletcher | England | 57 years | Jul 2021 | - | Director |
| Mr Pleun-Willem Van Malkenhorst | United Kingdom | 41 years | Dec 2023 | - | Director |
| Mr Henricus Lambriex | England | 66 years | Mar 2024 | - | Director |
P&L
December 2022turnover
20.6m
+25%
operating profit
2.5m
+92%
gross margin
-41.2%
+39.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
12.9m
+0.03%
total assets
42.9m
+0.07%
cash
1m
-0.63%
net assets
Total assets minus all liabilities
Similar Companies
tg1 holding ltd company details
company number
07871683
Type
Private limited with Share Capital
industry
01130 - Growing of vegetables and melons, roots and tubers
incorporation date
December 2011
age
13
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
2 barrow man road, birchington, kent ct7 oax, CT7 0AX
last accounts submitted
December 2022
tg1 holding ltd 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 4 charges/mortgages relating to tg1 holding ltd. Currently there are 4 open charges and 0 have been satisfied in the past.
tg1 holding ltd Companies House Filings - See Documents
| date | description | view/download |
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