tim hawkins limited

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tim hawkins limited Company Information

Share TIM HAWKINS LIMITED
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Company Number

07923421

Registered Address

goodwood house, blackbrook park avenue, taunton, somerset, TA1 2PX

Industry

Raising of sheep and goats

 

Telephone

-

Next Accounts Due

February 2025

Group Structure

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Directors

Danielle Hawkins12 Years

Timothy Hawkins12 Years

Shareholders

timothy james hawkins 60%

danielle lisa hawkins 40%

tim hawkins limited Estimated Valuation

£523.2k

Pomanda estimates the enterprise value of TIM HAWKINS LIMITED at £523.2k based on a Turnover of £1.8m and 0.29x industry multiple (adjusted for size and gross margin).

tim hawkins limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TIM HAWKINS LIMITED at £0 based on an EBITDA of £-180.9k and a 3.13x industry multiple (adjusted for size and gross margin).

tim hawkins limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of TIM HAWKINS LIMITED at £1.5m based on Net Assets of £1.2m and 1.29x industry multiple (adjusted for liquidity).

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Tim Hawkins Limited Overview

Tim Hawkins Limited is a live company located in taunton, TA1 2PX with a Companies House number of 07923421. It operates in the raising of sheep and goats sector, SIC Code 01450. Founded in January 2012, it's largest shareholder is timothy james hawkins with a 60% stake. Tim Hawkins Limited is a established, small sized company, Pomanda has estimated its turnover at £1.8m with high growth in recent years.

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Tim Hawkins Limited Health Check

Pomanda's financial health check has awarded Tim Hawkins Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £1.8m, make it larger than the average company (£407.2k)

£1.8m - Tim Hawkins Limited

£407.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (0.1%)

22% - Tim Hawkins Limited

0.1% - Industry AVG

production

Production

with a gross margin of 17.5%, this company has a comparable cost of product (17.5%)

17.5% - Tim Hawkins Limited

17.5% - Industry AVG

profitability

Profitability

an operating margin of -16.3% make it less profitable than the average company (5.7%)

-16.3% - Tim Hawkins Limited

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (9)

2 - Tim Hawkins Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.3k, the company has an equivalent pay structure (£28.3k)

£28.3k - Tim Hawkins Limited

£28.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £894.2k, this is more efficient (£94.5k)

£894.2k - Tim Hawkins Limited

£94.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (18 days)

13 days - Tim Hawkins Limited

18 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 75 days, this is slower than average (14 days)

75 days - Tim Hawkins Limited

14 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 6 days, this is less than average (16 days)

6 days - Tim Hawkins Limited

16 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (32 weeks)

9 weeks - Tim Hawkins Limited

32 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 46.4%, this is a lower level of debt than the average (54.1%)

46.4% - Tim Hawkins Limited

54.1% - Industry AVG

tim hawkins limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Tim Hawkins Limited Competitor Analysis

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tim hawkins limited Ownership

TIM HAWKINS LIMITED group structure

Tim Hawkins Limited has no subsidiary companies.

Ultimate parent company

TIM HAWKINS LIMITED

07923421

TIM HAWKINS LIMITED Shareholders

timothy james hawkins 60%
danielle lisa hawkins 40%

tim hawkins limited directors

Tim Hawkins Limited currently has 2 directors. The longest serving directors include Mrs Danielle Hawkins (Jan 2012) and Mr Timothy Hawkins (Jan 2012).

officercountryagestartendrole
Mrs Danielle HawkinsUnited Kingdom55 years Jan 2012- Director
Mr Timothy Hawkins59 years Jan 2012- Director

TIM HAWKINS LIMITED financials

EXPORTms excel logo

Tim Hawkins Limited's latest turnover from May 2023 is estimated at £1.8 million and the company has net assets of £1.2 million. According to their latest financial statements, Tim Hawkins Limited has 2 employees and maintains cash reserves of £172.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013
Turnover1,788,4612,158,9572,452,425977,38130,0002,171,6061,597,2141,752,9243,311,4225,387,4302,519,027
Other Income Or Grants00000000000
Cost Of Sales1,474,7781,483,1641,699,586594,40818,0481,798,4781,062,1731,351,2882,822,9593,693,2571,363,555
Gross Profit313,683675,793752,839382,97311,952373,128535,040401,636488,4631,694,1731,155,472
Admin Expenses605,189383,041547,206344,21230,712413,461346,536239,568409,5621,233,131724,974
Operating Profit-291,506292,752205,63338,761-18,760-40,333188,504162,06878,901461,042430,498
Interest Payable00000000000
Interest Receivable11,1633,4584975533,2823,3741,6592,2722,3211,772795
Pre-Tax Profit-280,343296,210206,13039,315-15,478-36,959190,163164,34081,223462,814431,294
Tax0-56,280-39,165-7,47000-36,131-32,868-16,244-97,191-99,198
Profit After Tax-280,343239,930166,96531,845-15,478-36,959154,032131,47264,978365,623332,096
Dividends Paid00000000000
Retained Profit-280,343239,930166,96531,845-15,478-36,959154,032131,47264,978365,623332,096
Employee Costs56,61248,93049,32149,19946,87747,21048,67341,856762,9981,310,779724,083
Number Of Employees22222222376332
EBITDA*-180,926379,656315,299121,22653,3937,959253,904198,17099,527515,443445,963

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013
Tangible Assets554,871466,546356,749268,227242,679298,620239,013149,13590,813191,285116,093
Intangible Assets04,1608,31712,47416,63120,78824,94529,102000
Investments & Other1,269,0001,149,0001,001,000950,000437,0000034,00034,00034,0000
Debtors (Due After 1 year)00000000000
Total Fixed Assets1,823,8711,619,7061,366,0661,230,701696,310319,408263,958212,237124,813225,285116,093
Stock & work in progress27,33827,09024,110402,352208,6803,4003,4003,40052,70040,50040,500
Trade Debtors67,302351,091417,22494,658303,714567,764319,782312,385381,137494,463314,183
Group Debtors00000000000
Misc Debtors60,97543,4409,18814,503124,804604,07372,644201,416000
Cash172,745323,405368,217624,788482,160393,046956,494370,877537,861390,670318,154
misc current assets00017,52040,56030,00030,00028,800000
total current assets328,360745,026818,7391,153,8211,159,9181,598,2831,382,320916,878971,698925,633672,837
total assets2,152,2312,364,7322,184,8052,384,5221,856,2281,917,6911,646,2781,129,1151,096,5111,150,918788,930
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 306,361153,303188,782100,10495,589159,610135,074100,027315,551421,296432,621
Group/Directors Accounts0071,90700046,3540000
other short term finances00000000000
hp & lease commitments081,78190,1975,4262,434000000
other current liabilities602,965606,400571,4631,110,123620,609592,501371,136104,992000
total current liabilities909,326841,484922,3491,215,653718,632752,111552,564205,019315,551421,296432,621
loans00000000000
hp & lease commitments00090,19795,62397,50000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions88,64488,64467,78250,96346,10956,73845,41329,82718,16331,80324,113
total long term liabilities88,64488,64467,782141,160141,732154,23845,41329,82718,16331,80324,113
total liabilities997,970930,128990,1311,356,813860,364906,349597,977234,846333,714453,099456,734
net assets1,154,2611,434,6041,194,6741,027,709995,8641,011,3421,048,301894,269762,797697,819332,196
total shareholders funds1,154,2611,434,6041,194,6741,027,709995,8641,011,3421,048,301894,269762,797697,819332,196
May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013
Operating Activities
Operating Profit-291,506292,752205,63338,761-18,760-40,333188,504162,06878,901461,042430,498
Depreciation106,42082,747105,50978,30867,99644,13561,24336,10220,62654,40115,465
Amortisation4,1604,1574,1574,1574,1574,1574,1570000
Tax0-56,280-39,165-7,47000-36,131-32,868-16,244-97,191-99,198
Stock2482,980-378,242193,672205,28000-49,30012,200040,500
Debtors-266,254-31,881317,251-319,357-743,319779,411-121,375132,664-113,326180,280314,183
Creditors153,058-35,47988,6784,515-64,02124,53635,047-215,524-105,745-11,325432,621
Accruals and Deferred Income-3,43534,937-538,660489,51428,108221,365266,144104,992000
Deferred Taxes & Provisions020,86216,8194,854-10,62911,32515,58611,664-13,6407,69024,113
Cash flow from operations234,703372,597-96,038738,324544,890-514,226655,925-16,93065,024234,337448,816
Investing Activities
capital expenditure-194,745-192,544-194,031-103,856-12,055-103,742-151,121-123,52679,846-129,593-131,558
Change in Investments120,000148,00051,000513,000437,0000-34,0000034,0000
cash flow from investments-314,745-340,544-245,031-616,856-449,055-103,742-117,121-123,52679,846-163,593-131,558
Financing Activities
Bank loans00000000000
Group/Directors Accounts0-71,90771,90700-46,35446,3540000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments-81,781-8,416-5,426-2,43455797,50000000
other long term liabilities00000000000
share issue0000000000100
interest11,1633,4584975533,2823,3741,6592,2722,3211,772795
cash flow from financing-70,618-76,86566,978-1,8813,83954,52048,0132,2722,3211,772895
cash and cash equivalents
cash-150,660-44,812-256,571142,62889,114-563,448585,617-166,984147,19172,516318,154
overdraft00000000000
change in cash-150,660-44,812-256,571142,62889,114-563,448585,617-166,984147,19172,516318,154

P&L

May 2023

turnover

1.8m

-17%

operating profit

-291.5k

0%

gross margin

17.6%

-43.97%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2023

net assets

1.2m

-0.2%

total assets

2.2m

-0.09%

cash

172.7k

-0.47%

net assets

Total assets minus all liabilities

tim hawkins limited company details

company number

07923421

Type

Private limited with Share Capital

industry

01450 - Raising of sheep and goats

incorporation date

January 2012

age

12

accounts

Total Exemption Full

ultimate parent company

None

previous names

lower toulton limited (January 2013)

incorporated

UK

address

goodwood house, blackbrook park avenue, taunton, somerset, TA1 2PX

last accounts submitted

May 2023

tim hawkins 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 tim hawkins limited.

charges

tim hawkins limited Companies House Filings - See Documents

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