13 margaret mcmillion house, hazellville road, london, N19 3BW
Website
-
turkish connection limitedEstimated Valuation
£27.7k
Pomanda estimates the enterprise value of TURKISH CONNECTION LIMITED at £27.7k based on a Turnover of £48.2k and 0.58x industry multiple (adjusted for size and gross margin).
turkish connection limitedEstimated Valuation
£10.2k
Pomanda estimates the enterprise value of TURKISH CONNECTION LIMITED at £10.2k based on an EBITDA of £3.2k and a 3.15x industry multiple (adjusted for size and gross margin).
turkish connection limitedEstimated Valuation
£11.1k
Pomanda estimates the enterprise value of TURKISH CONNECTION LIMITED at £11.1k based on Net Assets of £6.3k and 1.76x industry multiple (adjusted for liquidity).
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Turkish Connection LimitedOverview
Turkish Connection Limited is a live company located in london, N19 3BW with a Companies House number of 08063612. It operates in the other publishing activities sector, SIC Code 58190. Founded in May 2012, it's largest shareholder is
arif bektas
with a 100% stake. Turkish Connection Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£48.2k with
declining
growth in recent years.
Pomanda's financial health check has awarded Turkish Connection Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
4 Regular
4 Weak
Size
annual sales of £48.2k, make it smaller than the average company (£1.7m)
£48.2k - Turkish Connection Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (10%)
-4% - Turkish Connection Limited
10% - Industry AVG
Production
with a gross margin of 56%, this company has a comparable cost of product (56%)
56% - Turkish Connection Limited
56% - Industry AVG
Profitability
an operating margin of 6.7% make it as profitable than the average company (5.8%)
6.7% - Turkish Connection Limited
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - Turkish Connection Limited
23 - Industry AVG
Pay Structure
on an average salary of £57.2k, the company has an equivalent pay structure (£57.2k)
£57.2k - Turkish Connection Limited
£57.2k - Industry AVG
Efficiency
resulting in sales per employee of £48.2k, this is less efficient (£129.1k)
£48.2k - Turkish Connection Limited
£129.1k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (49 days)
58 days - Turkish Connection Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (42 days)
95 days - Turkish Connection Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Turkish Connection Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 40 weeks, this is more cash available to meet short term requirements (27 weeks)
40 weeks - Turkish Connection Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.6%, this is a lower level of debt than the average (57.2%)
50.6% - Turkish Connection Limited
57.2% - Industry AVG
TURKISH CONNECTION LIMITED financials
EXPORT
Turkish Connection Limited's latest turnover from May 2024 is estimated at £48.2 thousand and the company has net assets of £6.3 thousand. According to their latest financial statements, we estimate that Turkish Connection Limited has 1 employee and maintains cash reserves of £5.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
Turnover
48,187
37,433
59,358
54,627
50,547
42,955
657
25,568
50,643
15,064
675
Other Income Or Grants
Cost Of Sales
21,216
17,051
24,060
23,024
22,127
18,209
265
10,728
21,213
6,654
309
Gross Profit
26,972
20,382
35,298
31,603
28,419
24,746
392
14,840
29,429
8,411
366
Admin Expenses
23,723
21,718
32,965
26,581
33,739
23,398
-1,010
235
14,995
28,351
7,441
-391
Operating Profit
3,249
-1,336
2,333
5,022
-5,320
1,348
1,010
157
-155
1,078
970
757
Interest Payable
Interest Receivable
244
209
51
5
5
29
13
3
2
2
Pre-Tax Profit
3,493
-1,127
2,384
5,027
-5,315
1,377
1,023
159
-155
1,078
972
758
Tax
-873
-453
-955
-262
-194
-30
-215
-204
-174
Profit After Tax
2,620
-1,127
1,931
4,072
-5,315
1,115
829
129
-155
862
768
584
Dividends Paid
Retained Profit
2,620
-1,127
1,931
4,072
-5,315
1,115
829
129
-155
862
768
584
Employee Costs
57,213
53,559
47,999
47,392
45,647
46,386
45,446
44,482
42,363
41,419
40,274
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
3,249
-1,336
2,333
5,022
-5,320
1,348
1,010
157
-155
1,078
970
757
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
7,699
5,614
4,414
3,600
1,800
1,500
100
4,259
8,280
2,394
Group Debtors
Misc Debtors
Cash
5,079
4,211
5,083
5,044
5,741
4,541
3,204
2,089
775
misc current assets
2,500
total current assets
12,778
9,825
9,497
11,144
7,541
6,041
3,204
2,189
4,259
8,280
2,394
775
total assets
12,778
9,825
9,497
11,144
7,541
6,041
3,204
2,189
4,259
8,280
2,394
775
Bank overdraft
Bank loan
Trade Creditors
5,568
5,970
4,515
8,254
8,723
1,646
2,200
6,066
1,042
190
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
896
161
161
262
186
total current liabilities
6,464
6,131
4,676
8,254
8,723
1,908
186
2,200
6,066
1,042
190
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
6,464
6,131
4,676
8,254
8,723
1,908
186
2,200
6,066
1,042
190
net assets
6,314
3,694
4,821
2,890
-1,182
4,133
3,018
2,189
2,059
2,214
1,352
585
total shareholders funds
6,314
3,694
4,821
2,890
-1,182
4,133
3,018
2,189
2,059
2,214
1,352
585
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
Operating Activities
Operating Profit
3,249
-1,336
2,333
5,022
-5,320
1,348
1,010
157
-155
1,078
970
757
Depreciation
Amortisation
Tax
-873
-453
-955
-262
-194
-30
-215
-204
-174
Stock
Debtors
2,085
1,200
814
1,800
300
1,500
-100
-4,159
-4,021
5,886
2,394
Creditors
-402
1,455
-3,739
-469
7,077
1,646
-2,200
-3,866
5,024
852
190
Accruals and Deferred Income
735
161
-262
76
186
Deferred Taxes & Provisions
Cash flow from operations
624
-1,081
-2,512
1,798
1,195
1,308
1,102
2,086
1
-776
773
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
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
1
-1
1
interest
244
209
51
5
5
29
13
3
2
2
cash flow from financing
244
209
51
5
5
29
13
4
1
3
cash and cash equivalents
cash
868
-872
39
-697
1,200
1,337
1,115
2,089
-775
775
overdraft
change in cash
868
-872
39
-697
1,200
1,337
1,115
2,089
-775
775
turkish connection 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 turkish connection limited. Get real-time insights into turkish connection limited's credit score, group structure and payment trends.
Perform a competitor analysis for turkish connection limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in N19 area or any other competitors across 12 key performance metrics.
turkish connection limited Ownership
TURKISH CONNECTION LIMITED group structure
Turkish Connection Limited has no subsidiary companies.
Ultimate parent company
TURKISH CONNECTION LIMITED
08063612
TURKISH CONNECTION LIMITED Shareholders
The sole shareholder of Turkish Connection Limited is Arif Bektas.
arif bektas
100%
turkish connection limited directors
Turkish Connection Limited currently has 1 director, Mr Arif Bektas serving since Jan 2016.
13 margaret mcmillion house, hazellville road, london, N19 3BW
Bank
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Legal Advisor
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turkish connection 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 turkish connection limited.
turkish connection limited Capital Raised & Share Issues BETA
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turkish connection limitedCompanies House Filings - See Documents
