t k waterproofing solutions ltd
t k waterproofing solutions ltd Company Information
Company Number
08402420
Website
www.tkws.co.ukRegistered Address
unit 19 manvers business park, high hazles road, nottingham, NG12 3GZ
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Directors
Michael Maxey3 Years
Shareholders
tk waterproofing solutions holdings ltd 100%
t k waterproofing solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of T K WATERPROOFING SOLUTIONS LTD at £919.3k based on a Turnover of £2.1m and 0.45x industry multiple (adjusted for size and gross margin).
t k waterproofing solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of T K WATERPROOFING SOLUTIONS LTD at £878.2k based on an EBITDA of £192.7k and a 4.56x industry multiple (adjusted for size and gross margin).
t k waterproofing solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of T K WATERPROOFING SOLUTIONS LTD at £2m based on Net Assets of £969.4k and 2.07x industry multiple (adjusted for liquidity).
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T K Waterproofing Solutions Ltd Overview
T K Waterproofing Solutions Ltd is a live company located in nottingham, NG12 3GZ with a Companies House number of 08402420. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in February 2013, it's largest shareholder is tk waterproofing solutions holdings ltd with a 100% stake. T K Waterproofing Solutions Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.1m with healthy growth in recent years.
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T K Waterproofing Solutions Ltd Health Check
Pomanda's financial health check has awarded T K Waterproofing Solutions Ltd a 4.5 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
3 Strong
5 Regular
4 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£4.8m)
- T K Waterproofing Solutions Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.7%)
- T K Waterproofing Solutions Ltd
5.7% - Industry AVG
Production
with a gross margin of 24.4%, this company has a comparable cost of product (24.4%)
- T K Waterproofing Solutions Ltd
24.4% - Industry AVG
Profitability
an operating margin of 6.7% make it more profitable than the average company (5.5%)
- T K Waterproofing Solutions Ltd
5.5% - Industry AVG
Employees
with 21 employees, this is similar to the industry average (25)
21 - T K Waterproofing Solutions Ltd
25 - Industry AVG
Pay Structure
on an average salary of £44.2k, the company has an equivalent pay structure (£44.2k)
- T K Waterproofing Solutions Ltd
£44.2k - Industry AVG
Efficiency
resulting in sales per employee of £98.2k, this is less efficient (£179.8k)
- T K Waterproofing Solutions Ltd
£179.8k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (57 days)
- T K Waterproofing Solutions Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (40 days)
- T K Waterproofing Solutions Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is more than average (12 days)
- T K Waterproofing Solutions Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (19 weeks)
55 weeks - T K Waterproofing Solutions Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22%, this is a lower level of debt than the average (62.6%)
22% - T K Waterproofing Solutions Ltd
62.6% - Industry AVG
T K WATERPROOFING SOLUTIONS LTD financials
T K Waterproofing Solutions Ltd's latest turnover from February 2023 is estimated at £2.1 million and the company has net assets of £969.4 thousand. According to their latest financial statements, T K Waterproofing Solutions Ltd has 21 employees and maintains cash reserves of £268.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 21 | 20 | 19 | 19 | 18 | 15 | 15 | 11 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 162,934 | 100,140 | 99,917 | 89,239 | 83,152 | 77,814 | 81,507 | 39,398 | 37,756 | 39,390 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 162,934 | 100,140 | 99,917 | 89,239 | 83,152 | 77,814 | 81,507 | 39,398 | 37,756 | 39,390 |
| Stock & work in progress | 95,761 | 88,207 | 133,537 | 135,439 | 79,155 | 81,476 | 43,764 | 35,800 | 14,946 | 9,759 |
| Trade Debtors | 337,394 | 271,979 | 267,892 | 231,661 | 266,215 | 283,399 | 164,561 | 177,760 | 96,415 | 64,874 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 377,796 | 84,609 | 65,294 | 53,942 | 45,925 | 38,330 | 0 | 0 | 0 | 0 |
| Cash | 268,941 | 586,892 | 674,227 | 408,334 | 389,422 | 229,520 | 244,163 | 142,505 | 98,381 | 33,760 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 7,086 | 4,661 | 0 | 0 |
| total current assets | 1,079,892 | 1,031,687 | 1,140,950 | 829,376 | 780,717 | 632,725 | 459,574 | 360,726 | 209,742 | 108,393 |
| total assets | 1,242,826 | 1,131,827 | 1,240,867 | 918,615 | 863,869 | 710,539 | 541,081 | 400,124 | 247,498 | 147,783 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 106,860 | 139,721 | 146,000 | 99,816 | 138,418 | 79,249 | 241,119 | 174,479 | 105,185 | 78,539 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 143,878 | 137,373 | 336,851 | 300,483 | 279,589 | 252,814 | 0 | 0 | 0 | 0 |
| total current liabilities | 250,738 | 277,094 | 482,851 | 400,299 | 418,007 | 332,063 | 241,119 | 174,479 | 105,185 | 78,539 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,670 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 32,256 | 32,835 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,391 | 2,999 | 6,997 |
| provisions | 22,653 | 10,537 | 11,685 | 8,203 | 9,900 | 9,405 | 6,390 | 6,390 | 0 | 0 |
| total long term liabilities | 22,653 | 10,537 | 11,685 | 8,203 | 9,900 | 9,405 | 38,646 | 42,616 | 12,669 | 6,997 |
| total liabilities | 273,391 | 287,631 | 494,536 | 408,502 | 427,907 | 341,468 | 279,765 | 217,095 | 117,854 | 85,536 |
| net assets | 969,435 | 844,196 | 746,331 | 510,113 | 435,962 | 369,071 | 261,316 | 183,029 | 129,644 | 62,247 |
| total shareholders funds | 969,435 | 844,196 | 746,331 | 510,113 | 435,962 | 369,071 | 261,316 | 183,029 | 129,644 | 62,247 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 55,215 | 44,812 | 38,015 | 39,632 | 39,226 | 39,905 | 27,251 | 17,691 | 13,562 | 4,427 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 7,554 | -45,330 | -1,902 | 56,284 | -2,321 | 37,712 | 7,964 | 20,854 | 5,187 | 9,759 |
| Debtors | 358,602 | 23,402 | 47,583 | -26,537 | -9,589 | 157,168 | -13,199 | 81,345 | 31,541 | 64,874 |
| Creditors | -32,861 | -6,279 | 46,184 | -38,602 | 59,169 | -161,870 | 66,640 | 69,294 | 26,646 | 78,539 |
| Accruals and Deferred Income | 6,505 | -199,478 | 36,368 | 20,894 | 26,775 | 220,558 | -579 | 32,835 | 0 | 0 |
| Deferred Taxes & Provisions | 12,116 | -1,148 | 3,482 | -1,697 | 495 | 3,015 | 0 | 6,390 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,670 | 9,670 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -3,391 | 392 | -3,998 | 6,997 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -317,951 | -87,335 | 265,893 | 18,912 | 159,902 | -14,643 | 101,658 | 44,124 | 64,621 | 33,760 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -317,951 | -87,335 | 265,893 | 18,912 | 159,902 | -14,643 | 101,658 | 44,124 | 64,621 | 33,760 |
t k waterproofing solutions ltd Credit Report and Business Information
T K Waterproofing Solutions Ltd Competitor Analysis
Perform a competitor analysis for t k waterproofing solutions ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NG12 area or any other competitors across 12 key performance metrics.
t k waterproofing solutions ltd Ownership
T K WATERPROOFING SOLUTIONS LTD group structure
T K Waterproofing Solutions Ltd has no subsidiary companies.
Ultimate parent company
T K WATERPROOFING SOLUTIONS LTD
08402420
t k waterproofing solutions ltd directors
T K Waterproofing Solutions Ltd currently has 1 director, Mr Michael Maxey serving since Nov 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Maxey | England | 38 years | Nov 2020 | - | Director |
P&L
February 2023turnover
2.1m
+12%
operating profit
137.5k
0%
gross margin
24.5%
+2.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
969.4k
+0.15%
total assets
1.2m
+0.1%
cash
268.9k
-0.54%
net assets
Total assets minus all liabilities
t k waterproofing solutions ltd company details
company number
08402420
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
February 2013
age
11
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
February 2023
address
unit 19 manvers business park, high hazles road, nottingham, NG12 3GZ
accountant
THE TAX PARTNERSHIP
auditor
-
t k waterproofing solutions ltd 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 found 1 charges/mortgages relating to t k waterproofing solutions ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
t k waterproofing solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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