tmg sports vehicles limited Company Information
Company Number
08222969
Next Accounts
Jul 2025
Shareholders
trevor maurice grimes
thomas francis grimes
View AllGroup Structure
View All
Industry
Manufacture of other transport equipment n.e.c.
Registered Address
unit 1 deveron mill, meadow street, great harwood, BB6 7EJ
Website
-tmg sports vehicles limited Estimated Valuation
Pomanda estimates the enterprise value of TMG SPORTS VEHICLES LIMITED at £475.8k based on a Turnover of £1.3m and 0.37x industry multiple (adjusted for size and gross margin).
tmg sports vehicles limited Estimated Valuation
Pomanda estimates the enterprise value of TMG SPORTS VEHICLES LIMITED at £0 based on an EBITDA of £-22k and a 3.31x industry multiple (adjusted for size and gross margin).
tmg sports vehicles limited Estimated Valuation
Pomanda estimates the enterprise value of TMG SPORTS VEHICLES LIMITED at £745.9k based on Net Assets of £307k and 2.43x industry multiple (adjusted for liquidity).
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Tmg Sports Vehicles Limited Overview
Tmg Sports Vehicles Limited is a live company located in great harwood, BB6 7EJ with a Companies House number of 08222969. It operates in the manufacture of other transport equipment n.e.c. sector, SIC Code 30990. Founded in September 2012, it's largest shareholder is trevor maurice grimes with a 84% stake. Tmg Sports Vehicles Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with low growth in recent years.
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Tmg Sports Vehicles Limited Health Check
Pomanda's financial health check has awarded Tmg Sports Vehicles Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
9 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£15.6m)
- Tmg Sports Vehicles Limited
£15.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5%)
- Tmg Sports Vehicles Limited
5% - Industry AVG
Production
with a gross margin of 18.9%, this company has a higher cost of product (25.1%)
- Tmg Sports Vehicles Limited
25.1% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (5.1%)
- Tmg Sports Vehicles Limited
5.1% - Industry AVG
Employees
with 15 employees, this is below the industry average (73)
15 - Tmg Sports Vehicles Limited
73 - Industry AVG
Pay Structure
on an average salary of £39.7k, the company has an equivalent pay structure (£39.7k)
- Tmg Sports Vehicles Limited
£39.7k - Industry AVG
Efficiency
resulting in sales per employee of £86.6k, this is less efficient (£183.8k)
- Tmg Sports Vehicles Limited
£183.8k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (63 days)
- Tmg Sports Vehicles Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 190 days, this is slower than average (51 days)
- Tmg Sports Vehicles Limited
51 days - Industry AVG
Stock Days
it holds stock equivalent to 175 days, this is more than average (88 days)
- Tmg Sports Vehicles Limited
88 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - Tmg Sports Vehicles Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.8%, this is a higher level of debt than the average (52.4%)
64.8% - Tmg Sports Vehicles Limited
52.4% - Industry AVG
TMG SPORTS VEHICLES LIMITED financials
Tmg Sports Vehicles Limited's latest turnover from October 2023 is estimated at £1.3 million and the company has net assets of £307 thousand. According to their latest financial statements, Tmg Sports Vehicles Limited has 15 employees and maintains cash reserves of £20 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||
Other Income Or Grants | |||||||||||
Cost Of Sales | |||||||||||
Gross Profit | |||||||||||
Admin Expenses | |||||||||||
Operating Profit | |||||||||||
Interest Payable | 0 | 251 | |||||||||
Interest Receivable | |||||||||||
Pre-Tax Profit | |||||||||||
Tax | |||||||||||
Profit After Tax | |||||||||||
Dividends Paid | |||||||||||
Retained Profit | |||||||||||
Employee Costs | 145,628 | 134,457 | |||||||||
Number Of Employees | 15 | 15 | 14 | 12 | 12 | 12 | 12 | 9 | 8 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 265,846 | 41,704 | 164,091 | 156,383 | 152,257 | 130,989 | 27,220 | 19,630 | 10,518 | 13,749 | 18,027 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 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 |
Total Fixed Assets | 265,846 | 41,704 | 164,091 | 156,383 | 152,257 | 130,989 | 27,220 | 19,630 | 10,518 | 13,749 | 18,027 |
Stock & work in progress | 507,000 | 592,000 | 408,467 | 392,295 | 304,851 | 560,889 | 468,125 | 378,260 | 204,550 | 87,100 | 84,601 |
Trade Debtors | 79,508 | 266,190 | 113,030 | 116,070 | 81,254 | 25,380 | 54,102 | 0 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 20,024 | 30,290 | 83,276 | 76,016 | 131,511 | 25,939 | 37,556 | 55,152 | 60,401 | 19,237 | 2,273 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 606,532 | 888,480 | 604,773 | 584,381 | 517,616 | 612,208 | 559,783 | 433,412 | 264,951 | 106,337 | 86,874 |
total assets | 872,378 | 930,184 | 768,864 | 740,764 | 669,873 | 743,197 | 587,003 | 453,042 | 275,469 | 120,086 | 104,901 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 550,419 | 570,420 | 442,765 | 469,120 | 386,165 | 517,805 | 425,906 | 280,539 | 192,711 | 126,650 | 103,921 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 853 | 15,177 | 0 | 0 |
other short term finances | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66,608 | 33,001 | 0 | 0 |
total current liabilities | 550,419 | 570,420 | 442,765 | 469,120 | 386,165 | 517,805 | 425,906 | 348,000 | 240,889 | 126,650 | 103,921 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 15,000 | 25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 15,000 | 25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 565,419 | 595,420 | 442,765 | 469,120 | 386,165 | 517,805 | 425,906 | 348,000 | 240,889 | 126,650 | 103,921 |
net assets | 306,959 | 334,764 | 326,099 | 271,644 | 283,708 | 225,392 | 161,097 | 105,042 | 34,580 | -6,564 | 980 |
total shareholders funds | 306,959 | 334,764 | 326,099 | 271,644 | 283,708 | 225,392 | 161,097 | 105,042 | 34,580 | -6,564 | 980 |
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | |||||||||||
Depreciation | 7,141 | 6,408 | 6,734 | 3,999 | 3,535 | 4,184 | 3,727 | 3,231 | 4,278 | 5,670 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | |||||||||||
Stock | -85,000 | 183,533 | 16,172 | 87,444 | -256,038 | 92,764 | 89,865 | 173,710 | 117,450 | 2,499 | 84,601 |
Debtors | -186,682 | 153,160 | -3,040 | 34,816 | 55,874 | -28,722 | 54,102 | 0 | 0 | 0 | 0 |
Creditors | -20,001 | 127,655 | -26,355 | 82,955 | -131,640 | 91,899 | 145,367 | 87,828 | 66,061 | 22,729 | 103,921 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -66,608 | 33,607 | 33,001 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||
Investing Activities | |||||||||||
capital expenditure | |||||||||||
Change in Investments | 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 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -853 | -14,324 | 15,177 | 0 | 0 |
Other Short Term Loans | 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 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -10,000 | 25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | -10,266 | -52,986 | 7,260 | -55,495 | 105,572 | -11,617 | -17,596 | -5,249 | 41,164 | 16,964 | 2,273 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -10,266 | -52,986 | 7,260 | -55,495 | 105,572 | -11,617 | -17,596 | -5,249 | 41,164 | 16,964 | 2,273 |
tmg sports vehicles limited Credit Report and Business Information
Tmg Sports Vehicles Limited Competitor Analysis
Perform a competitor analysis for tmg sports vehicles limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BB6 area or any other competitors across 12 key performance metrics.
tmg sports vehicles limited Ownership
TMG SPORTS VEHICLES LIMITED group structure
Tmg Sports Vehicles Limited has no subsidiary companies.
Ultimate parent company
TMG SPORTS VEHICLES LIMITED
08222969
tmg sports vehicles limited directors
Tmg Sports Vehicles Limited currently has 3 directors. The longest serving directors include Mr Trevor Grimes (Nov 2012) and Mr Thomas Grimes (Aug 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Trevor Grimes | England | 68 years | Nov 2012 | - | Director |
Mr Thomas Grimes | England | 33 years | Aug 2021 | - | Director |
Mr Douglas Grimes | England | 33 years | Aug 2021 | - | Director |
P&L
October 2023turnover
1.3m
-24%
operating profit
-29.1k
0%
gross margin
18.9%
+9.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
307k
-0.08%
total assets
872.4k
-0.06%
cash
20k
-0.34%
net assets
Total assets minus all liabilities
tmg sports vehicles limited company details
company number
08222969
Type
Private limited with Share Capital
industry
30990 - Manufacture of other transport equipment n.e.c.
incorporation date
September 2012
age
13
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
October 2023
previous names
k.p.y. limited (November 2012)
accountant
-
auditor
-
address
unit 1 deveron mill, meadow street, great harwood, BB6 7EJ
Bank
-
Legal Advisor
-
tmg sports vehicles 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 tmg sports vehicles limited.
tmg sports vehicles 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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tmg sports vehicles limited Companies House Filings - See Documents
date | description | view/download |
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