tantinet (uk) limited
tantinet (uk) limited Company Information
Group Structure
View All
Industry
Computer consultancy activities
+2Registered Address
level 8 one canada square, canary wharf, london, E14 5AA
Website
-tantinet (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of TANTINET (UK) LIMITED at £235.5k based on a Turnover of £550k and 0.43x industry multiple (adjusted for size and gross margin).
tantinet (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of TANTINET (UK) LIMITED at £0 based on an EBITDA of £-43.4k and a 3.2x industry multiple (adjusted for size and gross margin).
tantinet (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of TANTINET (UK) LIMITED at £0 based on Net Assets of £-576.6k and 2.43x industry multiple (adjusted for liquidity).
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Tantinet (uk) Limited Overview
Tantinet (uk) Limited is a live company located in london, E14 5AA with a Companies House number of 08317477. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 2012, it's largest shareholder is bin ling with a 100% stake. Tantinet (uk) Limited is a established, small sized company, Pomanda has estimated its turnover at £550k with rapid growth in recent years.
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Tantinet (uk) Limited Health Check
Pomanda's financial health check has awarded Tantinet (Uk) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £550k, make it smaller than the average company (£2.9m)
- Tantinet (uk) Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 75%, show it is growing at a faster rate (7.9%)
- Tantinet (uk) Limited
7.9% - Industry AVG
Production
with a gross margin of 22.4%, this company has a higher cost of product (47.6%)
- Tantinet (uk) Limited
47.6% - Industry AVG
Profitability
an operating margin of -7.9% make it less profitable than the average company (6.3%)
- Tantinet (uk) Limited
6.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (18)
6 - Tantinet (uk) Limited
18 - Industry AVG
Pay Structure
on an average salary of £58k, the company has an equivalent pay structure (£58k)
- Tantinet (uk) Limited
£58k - Industry AVG
Efficiency
resulting in sales per employee of £91.7k, this is less efficient (£147.3k)
- Tantinet (uk) Limited
£147.3k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is earlier than average (56 days)
- Tantinet (uk) Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 547 days, this is slower than average (28 days)
- Tantinet (uk) Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tantinet (uk) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tantinet (uk) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1011.7%, this is a higher level of debt than the average (59%)
1011.7% - Tantinet (uk) Limited
59% - Industry AVG
TANTINET (UK) LIMITED financials
Tantinet (Uk) Limited's latest turnover from December 2023 is estimated at £550 thousand and the company has net assets of -£576.6 thousand. According to their latest financial statements, Tantinet (Uk) Limited has 6 employees and maintains cash reserves of 0 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 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 116,033 | 103,260 | 131,643 | 254,449 | 231,271 | ||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 16,224 | 77,766 | 63,498 | 136,296 | 34,453 | ||||||
| Gross Profit | 99,809 | 25,494 | 68,145 | 118,153 | 196,818 | ||||||
| Admin Expenses | 510,972 | 70,596 | 182,762 | 89,866 | 214,897 | ||||||
| Operating Profit | -411,163 | -45,102 | -114,617 | 28,287 | -18,079 | ||||||
| Interest Payable | 591 | ||||||||||
| Interest Receivable | 17 | 13 | |||||||||
| Pre-Tax Profit | -411,761 | -45,025 | -114,711 | 28,413 | -18,079 | ||||||
| Tax | |||||||||||
| Profit After Tax | -411,761 | -45,025 | -114,711 | 28,413 | -18,079 | ||||||
| Dividends Paid | |||||||||||
| Retained Profit | -411,761 | -45,025 | -114,711 | 28,413 | -18,079 | ||||||
| Employee Costs | 126,992 | 55,931 | 44,324 | 35,309 | 47,610 | ||||||
| Number Of Employees | 6 | 5 | 3 | 2 | 2 | 3 | 4 | ||||
| EBITDA* | -408,561 | -41,957 | -111,583 | 32,173 | -18,079 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,885 | 5,475 | 6,427 | 4,893 | 4,065 | 6,351 | 5,300 | 9,175 | |||
| Intangible Assets | |||||||||||
| Investments & Other | 340,080 | 340,080 | 340,080 | ||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 6,885 | 5,475 | 6,427 | 344,973 | 344,145 | 346,431 | 5,300 | 9,175 | |||
| Stock & work in progress | |||||||||||
| Trade Debtors | 55,730 | 78,657 | 9,100 | 14,158 | 17,358 | ||||||
| Group Debtors | 40,000 | ||||||||||
| Misc Debtors | 632 | 521 | 693 | 25,936 | 27,320 | 49,750 | 55,000 | ||||
| Cash | 22,454 | 71,485 | 43,000 | 113,880 | 48,928 | 23,426 | 1,717 | 1,849 | 2,035 | ||
| misc current assets | 55,000 | ||||||||||
| total current assets | 56,362 | 79,178 | 32,247 | 97,421 | 70,320 | 217,788 | 103,928 | 40,784 | 56,717 | 1,849 | 2,035 |
| total assets | 63,247 | 84,653 | 38,674 | 442,394 | 414,465 | 564,219 | 109,228 | 49,959 | 56,717 | 1,849 | 2,035 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 639,851 | 617,864 | 13,023 | 553,025 | 7,563 | 15,873 | 16,545 | 51,482 | 12,045 | 3,862 | |
| Group/Directors Accounts | 548,043 | 465,476 | 7,214 | 54,422 | |||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 14,595 | 500,424 | 18,328 | ||||||||
| total current liabilities | 639,851 | 617,864 | 561,066 | 553,025 | 480,071 | 515,201 | 88,623 | 16,545 | 51,482 | 12,045 | 3,862 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | |||||||||||
| total liabilities | 639,851 | 617,864 | 561,066 | 553,025 | 480,071 | 515,201 | 88,623 | 16,545 | 51,482 | 12,045 | 3,862 |
| net assets | -576,604 | -533,211 | -522,392 | -110,631 | -65,606 | 49,018 | 20,605 | 33,414 | 5,235 | -10,196 | -1,827 |
| total shareholders funds | -576,604 | -533,211 | -522,392 | -110,631 | -65,606 | 49,018 | 20,605 | 33,414 | 5,235 | -10,196 | -1,827 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -411,163 | -45,102 | -114,617 | 28,287 | -18,079 | ||||||
| Depreciation | 2,602 | 3,145 | 3,034 | 3,886 | |||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | -22,816 | 69,385 | -16,143 | -1,384 | -76,588 | 48,908 | 37,642 | 17,358 | |||
| Creditors | 21,987 | 604,841 | -540,002 | 553,025 | -7,563 | -8,310 | -672 | -34,937 | 39,437 | 8,183 | 3,862 |
| Accruals and Deferred Income | -14,595 | -485,829 | 482,096 | 18,328 | |||||||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | -932,420 | 497,857 | -528,387 | 457,051 | |||||||
| Investing Activities | |||||||||||
| capital expenditure | -345,018 | 4,028 | |||||||||
| Change in Investments | -340,080 | 340,080 | |||||||||
| cash flow from investments | 340,080 | -685,098 | 4,028 | ||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -548,043 | 548,043 | -465,476 | 458,262 | -47,208 | 54,422 | |||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | -591 | 17 | 13 | ||||||||
| cash flow from financing | 547,452 | -465,476 | 458,366 | -47,195 | 59,692 | ||||||
| cash and cash equivalents | |||||||||||
| cash | -22,454 | -49,031 | 28,485 | -70,880 | 64,952 | 25,502 | 21,709 | -132 | -186 | 2,035 | |
| overdraft | |||||||||||
| change in cash | -22,454 | -49,031 | 28,485 | -70,880 | 64,952 | 25,502 | 21,709 | -132 | -186 | 2,035 |
tantinet (uk) limited Credit Report and Business Information
Tantinet (uk) Limited Competitor Analysis
Perform a competitor analysis for tantinet (uk) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in E14 area or any other competitors across 12 key performance metrics.
tantinet (uk) limited Ownership
TANTINET (UK) LIMITED group structure
Tantinet (Uk) Limited has no subsidiary companies.
Ultimate parent company
TANTINET (UK) LIMITED
08317477
tantinet (uk) limited directors
Tantinet (Uk) Limited currently has 1 director, Mr Bin Ling serving since Aug 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bin Ling | England | 39 years | Aug 2013 | - | Director |
P&L
December 2023turnover
550k
+6%
operating profit
-43.4k
0%
gross margin
22.4%
-3.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-576.6k
+0.08%
total assets
63.2k
-0.25%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
tantinet (uk) limited company details
company number
08317477
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
62020 - Computer consultancy activities
82990 - Other business support service activities n.e.c.
incorporation date
December 2012
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
tantinet capital limited (June 2019)
accountant
-
auditor
-
address
level 8 one canada square, canary wharf, london, E14 5AA
Bank
-
Legal Advisor
-
tantinet (uk) 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 tantinet (uk) limited.
tantinet (uk) 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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tantinet (uk) limited Companies House Filings - See Documents
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