tk contractors limited Company Information
Company Number
07911185
Registered Address
5 colville street, derby, DE22 3AT
Industry
Plumbing, heat and air-conditioning installation
Telephone
441371450550
Next Accounts Due
September 2025
Group Structure
View All
Directors
Timothy Heapy-Silander12 Years
Shareholders
timothy john heapy 50%
kevin shaw 50%
tk contractors limited Estimated Valuation
Pomanda estimates the enterprise value of TK CONTRACTORS LIMITED at £168.6k based on a Turnover of £342.7k and 0.49x industry multiple (adjusted for size and gross margin).
tk contractors limited Estimated Valuation
Pomanda estimates the enterprise value of TK CONTRACTORS LIMITED at £124.6k based on an EBITDA of £23.9k and a 5.21x industry multiple (adjusted for size and gross margin).
tk contractors limited Estimated Valuation
Pomanda estimates the enterprise value of TK CONTRACTORS LIMITED at £109.5k based on Net Assets of £34.9k and 3.13x industry multiple (adjusted for liquidity).
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Tk Contractors Limited Overview
Tk Contractors Limited is a live company located in derby, DE22 3AT with a Companies House number of 07911185. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in January 2012, it's largest shareholder is timothy john heapy with a 50% stake. Tk Contractors Limited is a established, micro sized company, Pomanda has estimated its turnover at £342.7k with healthy growth in recent years.
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Tk Contractors Limited Health Check
Pomanda's financial health check has awarded Tk Contractors Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
3 Weak
Size
annual sales of £342.7k, make it smaller than the average company (£452.6k)
- Tk Contractors Limited
£452.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (9.1%)
- Tk Contractors Limited
9.1% - Industry AVG
Production
with a gross margin of 29%, this company has a comparable cost of product (29%)
- Tk Contractors Limited
29% - Industry AVG
Profitability
an operating margin of 5.8% make it as profitable than the average company (6.2%)
- Tk Contractors Limited
6.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Tk Contractors Limited
5 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
- Tk Contractors Limited
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £171.4k, this is more efficient (£120.1k)
- Tk Contractors Limited
£120.1k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is near the average (52 days)
- Tk Contractors Limited
52 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Tk Contractors Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tk Contractors Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (19 weeks)
35 weeks - Tk Contractors Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.6%, this is a higher level of debt than the average (63.8%)
74.6% - Tk Contractors Limited
63.8% - Industry AVG
TK CONTRACTORS LIMITED financials
Tk Contractors Limited's latest turnover from December 2023 is estimated at £342.7 thousand and the company has net assets of £34.9 thousand. According to their latest financial statements, Tk Contractors Limited has 2 employees and maintains cash reserves of £67.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 12,569 | 16,202 | 21,599 | 22,181 | 268 | 357 | 475 | 616 | 540 | 816 | 1,136 | 730 |
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 | 12,569 | 16,202 | 21,599 | 22,181 | 268 | 357 | 475 | 616 | 540 | 816 | 1,136 | 730 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 57,830 | 29,265 | 35,000 | 34,686 | 23,270 | 21,390 | 15,711 | 12,699 | 31,936 | 21,214 | 14,592 | 12,079 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 180 | 2,725 | 4,263 | 825 | 825 | 0 | 0 | 0 | 0 | 0 |
Cash | 67,332 | 59,572 | 57,358 | 41,023 | 12,127 | 36,375 | 14,787 | 14,130 | 1,471 | 2,902 | 20,770 | 8,863 |
misc current assets | 0 | 0 | 0 | 453 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 125,162 | 88,837 | 92,538 | 78,887 | 39,660 | 58,590 | 31,323 | 26,829 | 33,407 | 24,116 | 35,362 | 20,942 |
total assets | 137,731 | 105,039 | 114,137 | 101,068 | 39,928 | 58,947 | 31,798 | 27,445 | 33,947 | 24,932 | 36,498 | 21,672 |
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 | 0 | 1 | 75,676 | 0 | 0 | 0 | 0 | 0 | 0 | 11,869 | 22,195 | 20,731 |
Group/Directors Accounts | 67,492 | 7,820 | 0 | 0 | 0 | 0 | 4,254 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 4,511 | 4,511 | 0 | 4,511 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 27,773 | 67,237 | 0 | 18,036 | 11,515 | 23,135 | 11,087 | 19,065 | 23,424 | 0 | 0 | 0 |
total current liabilities | 99,776 | 79,569 | 75,676 | 22,547 | 11,515 | 23,135 | 15,341 | 19,065 | 23,424 | 11,869 | 22,195 | 20,731 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 3,008 | 7,707 | 0 | 16,541 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 1,100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 12,970 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 95 | 123 | 108 | 163 | 227 | 146 |
total long term liabilities | 3,008 | 7,707 | 14,070 | 16,541 | 0 | 0 | 95 | 123 | 108 | 163 | 227 | 146 |
total liabilities | 102,784 | 87,276 | 89,746 | 39,088 | 11,515 | 23,135 | 15,436 | 19,188 | 23,532 | 12,032 | 22,422 | 20,877 |
net assets | 34,947 | 17,763 | 24,391 | 61,980 | 28,413 | 35,812 | 16,362 | 8,257 | 10,415 | 12,900 | 14,076 | 795 |
total shareholders funds | 34,947 | 17,763 | 24,391 | 61,980 | 28,413 | 35,812 | 16,362 | 8,257 | 10,415 | 12,900 | 14,076 | 795 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 4,190 | 0 | 6,801 | 2,576 | 89 | 118 | 141 | 257 | 276 | 320 | 379 | 244 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 28,565 | -5,915 | -2,231 | 9,878 | 5,318 | 5,679 | -15,400 | -19,237 | 10,722 | 6,622 | 2,513 | 12,079 |
Creditors | -1 | -75,675 | 75,676 | 0 | 0 | 0 | 0 | 0 | -11,869 | -10,326 | 1,464 | 20,731 |
Accruals and Deferred Income | -39,464 | 66,137 | -16,936 | 6,521 | -11,620 | 12,048 | -12,337 | -4,359 | 23,424 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -95 | -13 | 15 | -55 | -64 | 81 | 146 |
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 | 59,672 | 7,820 | 0 | 0 | 0 | -4,254 | 4,254 | 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 | -4,699 | 12,218 | -21,052 | 21,052 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | -12,970 | 12,970 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | 7,760 | 2,214 | 16,335 | 28,896 | -24,248 | 21,588 | 13,316 | 12,659 | -1,431 | -17,868 | 11,907 | 8,863 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 7,760 | 2,214 | 16,335 | 28,896 | -24,248 | 21,588 | 13,316 | 12,659 | -1,431 | -17,868 | 11,907 | 8,863 |
tk contractors limited Credit Report and Business Information
Tk Contractors Limited Competitor Analysis
Perform a competitor analysis for tk contractors limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in DE22 area or any other competitors across 12 key performance metrics.
tk contractors limited Ownership
TK CONTRACTORS LIMITED group structure
Tk Contractors Limited has no subsidiary companies.
Ultimate parent company
TK CONTRACTORS LIMITED
07911185
tk contractors limited directors
Tk Contractors Limited currently has 1 director, Mr Timothy Heapy-Silander serving since Jan 2012.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Timothy Heapy-Silander | England | 54 years | Jan 2012 | - | Director |
P&L
December 2023turnover
342.7k
+153%
operating profit
19.7k
0%
gross margin
29%
+0.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
34.9k
+0.97%
total assets
137.7k
+0.31%
cash
67.3k
+0.13%
net assets
Total assets minus all liabilities
tk contractors limited company details
company number
07911185
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
January 2012
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
5 colville street, derby, DE22 3AT
Bank
-
Legal Advisor
-
tk contractors 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 tk contractors limited.
tk contractors limited Companies House Filings - See Documents
date | description | view/download |
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