tts cleaning uk limited
tts cleaning uk limited Company Information
Company Number
08322793
Website
https://www.ttsystem.comRegistered Address
20 fitzroy square, london, W1T6EJ
Industry
Agents involved in the sale of furniture, household goods, hardware and ironmongery
Telephone
04848390284
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
z group s.p.a. 100%
tts cleaning uk limited Estimated Valuation
Pomanda estimates the enterprise value of TTS CLEANING UK LIMITED at £71.3k based on a Turnover of £148.9k and 0.48x industry multiple (adjusted for size and gross margin).
tts cleaning uk limited Estimated Valuation
Pomanda estimates the enterprise value of TTS CLEANING UK LIMITED at £8k based on an EBITDA of £1.3k and a 6.13x industry multiple (adjusted for size and gross margin).
tts cleaning uk limited Estimated Valuation
Pomanda estimates the enterprise value of TTS CLEANING UK LIMITED at £223.6k based on Net Assets of £121.8k and 1.84x industry multiple (adjusted for liquidity).
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Tts Cleaning Uk Limited Overview
Tts Cleaning Uk Limited is a live company located in london, W1T6EJ with a Companies House number of 08322793. It operates in the agents involved in the sale of furniture, household goods, hardware and ironmongery sector, SIC Code 46150. Founded in December 2012, it's largest shareholder is z group s.p.a. with a 100% stake. Tts Cleaning Uk Limited is a established, micro sized company, Pomanda has estimated its turnover at £148.9k with declining growth in recent years.
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Tts Cleaning Uk Limited Health Check
Pomanda's financial health check has awarded Tts Cleaning Uk Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £148.9k, make it smaller than the average company (£4m)
£148.9k - Tts Cleaning Uk Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (8.9%)
- Tts Cleaning Uk Limited
8.9% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (37.9%)
100% - Tts Cleaning Uk Limited
37.9% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (4.3%)
-5.1% - Tts Cleaning Uk Limited
4.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (28)
1 - Tts Cleaning Uk Limited
28 - Industry AVG
Pay Structure
on an average salary of £111.1k, the company has a higher pay structure (£47.6k)
£111.1k - Tts Cleaning Uk Limited
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £148.9k, this is less efficient (£353.5k)
£148.9k - Tts Cleaning Uk Limited
£353.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Tts Cleaning Uk Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tts Cleaning Uk Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tts Cleaning Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 522 weeks, this is more cash available to meet short term requirements (39 weeks)
522 weeks - Tts Cleaning Uk Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.2%, this is a similar level of debt than the average (54.5%)
50.2% - Tts Cleaning Uk Limited
54.5% - Industry AVG
TTS CLEANING UK LIMITED financials
Tts Cleaning Uk Limited's latest turnover from December 2023 is £148.9 thousand and the company has net assets of £121.8 thousand. According to their latest financial statements, Tts Cleaning Uk Limited has 1 employee and maintains cash reserves of £197.1 thousand 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 | 148,915 | 162,962 | 55,550 | 44,212 | 70,891 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | |||||||
| Gross Profit | 148,915 | 162,962 | 55,550 | 44,212 | |||||||
| Admin Expenses | 156,493 | 133,757 | |||||||||
| Operating Profit | -7,578 | 29,205 | |||||||||
| Interest Payable | 3,192 | 1,899 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | -10,770 | 27,306 | -24,832 | -7,000 | -10,528 | ||||||
| Tax | 0 | -7,685 | 0 | 0 | 0 | ||||||
| Profit After Tax | -10,770 | 19,621 | -24,832 | -7,000 | -10,528 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | -10,770 | 19,621 | -24,832 | -7,000 | -10,528 | ||||||
| Employee Costs | 111,071 | 90,538 | |||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | ||
| EBITDA* | 1,303 | 38,322 |
* 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 | 8,881 | 17,762 | 26,879 | 35,997 | 0 | 0 | 0 | 6,329 | 12,658 | 19,273 | 25,887 |
| 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 | 8,881 | 17,762 | 26,879 | 35,997 | 0 | 0 | 0 | 6,329 | 12,658 | 19,273 | 25,887 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 30,818 | 33,760 | 18,003 | 39,616 | 32,985 | 12,038 | 10,363 | 19,270 | 22,971 |
| Group Debtors | 35,189 | 56,640 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,475 | 4,424 | 3,575 | 3,110 | 1,732 | 0 | 1,861 | 2,004 | 823 | 1,259 | 0 |
| Cash | 197,120 | 259,046 | 250,891 | 269,067 | 49,962 | 0 | 40,990 | 60,833 | 78,370 | 69,180 | 67,891 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 24,863 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 235,784 | 320,110 | 285,284 | 305,937 | 69,697 | 64,479 | 75,836 | 74,875 | 89,556 | 89,709 | 90,862 |
| total assets | 244,665 | 337,872 | 312,163 | 341,934 | 69,697 | 64,479 | 75,836 | 81,204 | 102,214 | 108,982 | 116,749 |
| 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 | 375 | 181 | 234 | 2,503 | 3,349 | 0 | 9,302 | 2,456 | 1,359 | 1,315 | 4,415 |
| Group/Directors Accounts | 0 | 191,987 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 935 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 19,244 | 13,172 | 7,128 | 23,813 | 4,261 | 0 | 0 | 8,775 | 6,050 | 5,862 | 0 |
| total current liabilities | 19,619 | 205,340 | 7,362 | 26,316 | 8,545 | 0 | 9,302 | 11,231 | 7,409 | 7,177 | 4,415 |
| loans | 103,284 | 0 | 191,890 | 191,749 | 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 | 1,119 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 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 | 103,284 | 0 | 191,890 | 191,749 | 0 | 1,119 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 122,903 | 205,340 | 199,252 | 218,065 | 8,545 | 1,119 | 9,302 | 11,231 | 7,409 | 7,177 | 4,415 |
| net assets | 121,762 | 132,532 | 112,911 | 123,869 | 61,152 | 63,360 | 66,534 | 69,973 | 94,805 | 101,805 | 112,334 |
| total shareholders funds | 121,762 | 132,532 | 112,911 | 123,869 | 61,152 | 63,360 | 66,534 | 69,973 | 94,805 | 101,805 | 112,334 |
| 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 | -7,578 | 29,205 | |||||||||
| Depreciation | 8,881 | 9,117 | 9,118 | 9,119 | 0 | 0 | 6,329 | 6,615 | 6,614 | 6,614 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | -7,685 | 0 | 0 | 0 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -22,400 | 26,671 | -2,477 | 17,135 | -19,881 | 4,770 | 20,804 | 2,856 | -9,343 | -2,442 | 22,971 |
| Creditors | 194 | -53 | -2,269 | -846 | 3,349 | -9,302 | 6,846 | 1,097 | 44 | -3,100 | 4,415 |
| Accruals and Deferred Income | 6,072 | 6,044 | -16,685 | 19,552 | 3,142 | 1,119 | -8,775 | 2,725 | 188 | 5,862 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 29,969 | 9,957 | |||||||||
| 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 | -191,987 | 191,987 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -935 | 935 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 103,284 | -191,890 | 141 | 191,749 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | -3,192 | -1,899 | 0 | 0 | 0 | ||||||
| cash flow from financing | -91,895 | -1,802 | 0 | 0 | -1 | ||||||
| cash and cash equivalents | |||||||||||
| cash | -61,926 | 8,155 | -18,176 | 219,105 | 49,962 | -40,990 | -19,843 | -17,537 | 9,190 | 1,289 | 67,891 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -61,926 | 8,155 | -18,176 | 219,105 | 49,962 | -40,990 | -19,843 | -17,537 | 9,190 | 1,289 | 67,891 |
tts cleaning uk limited Credit Report and Business Information
Tts Cleaning Uk Limited Competitor Analysis
Perform a competitor analysis for tts cleaning uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in W1T area or any other competitors across 12 key performance metrics.
tts cleaning uk limited Ownership
TTS CLEANING UK LIMITED group structure
Tts Cleaning Uk Limited has no subsidiary companies.
Ultimate parent company
Z GROUP SPA
#0063255
1 parent
TTS CLEANING UK LIMITED
08322793
tts cleaning uk limited directors
Tts Cleaning Uk Limited currently has 3 directors. The longest serving directors include Mr Renato Zorzo (Dec 2012) and Mr Lorenzo Tosonotti (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Renato Zorzo | United Kingdom | 65 years | Dec 2012 | - | Director |
| Mr Lorenzo Tosonotti | England | 36 years | Jun 2021 | - | Director |
| Mr Lorenzo Tosonotti | United Kingdom | 36 years | Jun 2021 | - | Director |
P&L
December 2023turnover
148.9k
-9%
operating profit
-7.6k
-126%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
121.8k
-0.08%
total assets
244.7k
-0.28%
cash
197.1k
-0.24%
net assets
Total assets minus all liabilities
tts cleaning uk limited company details
company number
08322793
Type
Private limited with Share Capital
industry
46150 - Agents involved in the sale of furniture, household goods, hardware and ironmongery
incorporation date
December 2012
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
t.t.s. - tecno trolley system u.k limited (October 2020)
accountant
-
auditor
UHY ROSS BROOKE
address
20 fitzroy square, london, W1T6EJ
Bank
-
Legal Advisor
-
tts cleaning 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 tts cleaning uk limited.
tts cleaning uk limited Companies House Filings - See Documents
| date | description | view/download |
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