techjoint limited
techjoint limited Company Information
Group Structure
View All
Industry
Construction of roads and motorways
Registered Address
wey court west union road, farnham, surrey, GU9 7PT
Website
www.techjoint.co.uktechjoint limited Estimated Valuation
Pomanda estimates the enterprise value of TECHJOINT LIMITED at £2.8m based on a Turnover of £9.6m and 0.29x industry multiple (adjusted for size and gross margin).
techjoint limited Estimated Valuation
Pomanda estimates the enterprise value of TECHJOINT LIMITED at £0 based on an EBITDA of £-262.4k and a 4.52x industry multiple (adjusted for size and gross margin).
techjoint limited Estimated Valuation
Pomanda estimates the enterprise value of TECHJOINT LIMITED at £6.2m based on Net Assets of £3.3m and 1.9x industry multiple (adjusted for liquidity).
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Techjoint Limited Overview
Techjoint Limited is a live company located in surrey, GU9 7PT with a Companies House number of 08107671. It operates in the construction of roads and motorways sector, SIC Code 42110. Founded in June 2012, it's largest shareholder is mark john patrick healy with a 100% stake. Techjoint Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.6m with rapid growth in recent years.
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Techjoint Limited Health Check
Pomanda's financial health check has awarded Techjoint Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £9.6m, make it smaller than the average company (£16.9m)
- Techjoint Limited
£16.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (8.6%)
- Techjoint Limited
8.6% - Industry AVG
Production
with a gross margin of 18.9%, this company has a comparable cost of product (18.9%)
- Techjoint Limited
18.9% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (5.4%)
- Techjoint Limited
5.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (57)
2 - Techjoint Limited
57 - Industry AVG
Pay Structure
on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)
- Techjoint Limited
£53.6k - Industry AVG
Efficiency
resulting in sales per employee of £4.8m, this is more efficient (£251.8k)
- Techjoint Limited
£251.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Techjoint Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 119 days, this is slower than average (37 days)
- Techjoint Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (4 days)
- Techjoint Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (27 weeks)
53 weeks - Techjoint Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.7%, this is a lower level of debt than the average (59.7%)
51.7% - Techjoint Limited
59.7% - Industry AVG
TECHJOINT LIMITED financials
Techjoint Limited's latest turnover from February 2024 is estimated at £9.6 million and the company has net assets of £3.3 million. According to their latest financial statements, Techjoint Limited has 2 employees and maintains cash reserves of £3.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 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 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 496,117 | 572,839 | 674,026 | 685,393 | 639,103 | 537,123 | 254,044 | 71,669 | 72,739 | 53,344 | 26,711 | |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 496,117 | 572,839 | 674,026 | 685,393 | 639,103 | 537,123 | 254,044 | 71,669 | 72,739 | 53,344 | 26,711 | |
| Stock & work in progress | 4,764 | 1,689 | 5,757 | 11,685 | 8,967 | 23,794 | 47,188 | 21,600 | 20,000 | 15,150 | 29,800 | |
| Trade Debtors | 39,582 | 485,796 | 548,258 | 99,001 | ||||||||
| Group Debtors | ||||||||||||
| Misc Debtors | 2,735,691 | 1,771,968 | 1,420,721 | 867,538 | 623,144 | 1,212,025 | 1,401,186 | 559,840 | 371,441 | |||
| Cash | 3,527,024 | 3,128,103 | 4,067,749 | 2,384,461 | 1,750,072 | 1,693,141 | 1,280,449 | 1,168,048 | 964,912 | 367,538 | 48,720 | |
| misc current assets | ||||||||||||
| total current assets | 6,267,479 | 4,901,760 | 5,494,227 | 3,303,266 | 2,382,183 | 2,928,960 | 3,214,619 | 1,749,488 | 1,356,353 | 930,946 | 177,521 | |
| total assets | 6,763,596 | 5,474,599 | 6,168,253 | 3,988,659 | 3,021,286 | 3,466,083 | 3,468,663 | 1,821,157 | 1,429,092 | 984,290 | 204,232 | |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 2,566,545 | 1,258,390 | 1,186,833 | 1,664,178 | 680,006 | 918,235 | 1,167,514 | 213,059 | 207,711 | 540,615 | 194,950 | |
| Group/Directors Accounts | 8,651 | 16,264 | 13,637 | 9,801 | 7,347 | |||||||
| other short term finances | 14,020 | 14,020 | 14,020 | 14,020 | 14,020 | 14,020 | 14,020 | |||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 841,723 | 502,104 | 1,277,878 | 580,893 | 809,714 | 584,045 | 531,971 | 419,395 | 355,456 | |||
| total current liabilities | 3,416,919 | 1,790,778 | 2,492,368 | 2,268,892 | 1,511,087 | 1,516,300 | 1,713,505 | 646,474 | 563,167 | 540,615 | 194,950 | |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | 80,187 | 97,027 | 68,779 | 65,766 | 55,945 | 41,315 | 35,783 | 11,596 | ||||
| total long term liabilities | 80,187 | 97,027 | 68,779 | 65,766 | 55,945 | 41,315 | 35,783 | 11,596 | ||||
| total liabilities | 3,497,106 | 1,887,805 | 2,561,147 | 2,334,658 | 1,567,032 | 1,557,615 | 1,749,288 | 658,070 | 563,167 | 540,615 | 194,950 | |
| net assets | 3,266,490 | 3,586,794 | 3,607,106 | 1,654,001 | 1,454,254 | 1,908,468 | 1,719,375 | 1,163,087 | 865,925 | 443,675 | 9,282 | |
| total shareholders funds | 3,266,490 | 3,586,794 | 3,607,106 | 1,654,001 | 1,454,254 | 1,908,468 | 1,719,375 | 1,163,087 | 865,925 | 443,675 | 9,282 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 231,848 | 269,657 | 269,659 | 223,414 | 171,629 | 147,018 | 90,445 | 44,843 | 32,502 | 11,694 | 4,345 | |
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | 3,075 | -4,068 | -5,928 | 2,718 | -14,827 | -23,394 | 25,588 | 1,600 | 4,850 | -14,650 | 29,800 | |
| Debtors | 963,723 | 351,247 | 513,601 | 283,976 | -588,881 | -674,957 | 1,327,142 | 188,399 | -176,817 | 449,257 | 99,001 | |
| Creditors | 1,308,155 | 71,557 | -477,345 | 984,172 | -238,229 | -249,279 | 954,455 | 5,348 | -332,904 | 345,665 | 194,950 | |
| Accruals and Deferred Income | 339,619 | -775,774 | 696,985 | -228,821 | 225,669 | 52,074 | 112,576 | 63,939 | 355,456 | |||
| Deferred Taxes & Provisions | -16,840 | 28,248 | 3,013 | 9,821 | 14,630 | 5,532 | 24,187 | 11,596 | ||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -7,613 | 2,627 | 3,836 | 2,454 | 7,347 | |||||||
| Other Short Term Loans | -14,020 | 14,020 | ||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 398,921 | -939,646 | 1,683,288 | 634,389 | 56,931 | 412,692 | 112,401 | 203,136 | 597,374 | 318,818 | 48,720 | |
| overdraft | ||||||||||||
| change in cash | 398,921 | -939,646 | 1,683,288 | 634,389 | 56,931 | 412,692 | 112,401 | 203,136 | 597,374 | 318,818 | 48,720 |
techjoint limited Credit Report and Business Information
Techjoint Limited Competitor Analysis
Perform a competitor analysis for techjoint limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in GU9 area or any other competitors across 12 key performance metrics.
techjoint limited Ownership
TECHJOINT LIMITED group structure
Techjoint Limited has no subsidiary companies.
Ultimate parent company
TECHJOINT LIMITED
08107671
techjoint limited directors
Techjoint Limited currently has 1 director, Mr Mark Healy serving since Jun 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Healy | United Kingdom | 51 years | Jun 2012 | - | Director |
P&L
February 2024turnover
9.6m
+113%
operating profit
-494.2k
0%
gross margin
18.9%
+6.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
3.3m
-0.09%
total assets
6.8m
+0.24%
cash
3.5m
+0.13%
net assets
Total assets minus all liabilities
techjoint limited company details
company number
08107671
Type
Private limited with Share Capital
industry
42110 - Construction of roads and motorways
incorporation date
June 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
SHAW GIBBS LIMITED
auditor
-
address
wey court west union road, farnham, surrey, GU9 7PT
Bank
-
Legal Advisor
-
techjoint 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 techjoint limited.
techjoint 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.
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techjoint limited Companies House Filings - See Documents
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