texco ventures (uk) limited

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texco ventures (uk) limited Company Information

Share TEXCO VENTURES (UK) LIMITED

Company Number

08477075

Directors

Qadeer Syed

Shareholders

qadeer ahmed syed

Group Structure

View All

Industry

Non-specialised wholesale trade

 

Registered Address

bridge house ashley road, hale, altrincham, cheshire, WA14 2UT

Website

-

texco ventures (uk) limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of TEXCO VENTURES (UK) LIMITED at £2.6m based on a Turnover of £7.9m and 0.32x industry multiple (adjusted for size and gross margin).

texco ventures (uk) limited Estimated Valuation

£896.8k

Pomanda estimates the enterprise value of TEXCO VENTURES (UK) LIMITED at £896.8k based on an EBITDA of £237.7k and a 3.77x industry multiple (adjusted for size and gross margin).

texco ventures (uk) limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of TEXCO VENTURES (UK) LIMITED at £1.5m based on Net Assets of £559k and 2.75x industry multiple (adjusted for liquidity).

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Texco Ventures (uk) Limited Overview

Texco Ventures (uk) Limited is a live company located in altrincham, WA14 2UT with a Companies House number of 08477075. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in April 2013, it's largest shareholder is qadeer ahmed syed with a 100% stake. Texco Ventures (uk) Limited is a established, mid sized company, Pomanda has estimated its turnover at £7.9m with high growth in recent years.

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Texco Ventures (uk) Limited Health Check

Pomanda's financial health check has awarded Texco Ventures (Uk) Limited a 2.5 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

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £7.9m, make it smaller than the average company (£15.4m)

£7.9m - Texco Ventures (uk) Limited

£15.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (8.1%)

20% - Texco Ventures (uk) Limited

8.1% - Industry AVG

production

Production

with a gross margin of 18.1%, this company has a higher cost of product (27.4%)

18.1% - Texco Ventures (uk) Limited

27.4% - Industry AVG

profitability

Profitability

an operating margin of 3% make it less profitable than the average company (5%)

3% - Texco Ventures (uk) Limited

5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (37)

1 - Texco Ventures (uk) Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)

£44.5k - Texco Ventures (uk) Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £7.9m, this is more efficient (£374k)

£7.9m - Texco Ventures (uk) Limited

£374k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 112 days, this is later than average (51 days)

112 days - Texco Ventures (uk) Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 91 days, this is slower than average (32 days)

91 days - Texco Ventures (uk) Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Texco Ventures (uk) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Texco Ventures (uk) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 77.4%, this is a higher level of debt than the average (45.5%)

77.4% - Texco Ventures (uk) Limited

45.5% - Industry AVG

TEXCO VENTURES (UK) LIMITED financials

EXPORTms excel logo

Texco Ventures (Uk) Limited's latest turnover from March 2024 is estimated at £7.9 million and the company has net assets of £559 thousand. According to their latest financial statements, Texco Ventures (Uk) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover7,924,8938,110,6889,401,3314,604,8551,352,5143,249,753983,927412,051139,260224,0990
Other Income Or Grants00000000000
Cost Of Sales6,491,3536,616,8567,665,6713,788,6841,108,0182,678,803813,929334,908113,417182,9180
Gross Profit1,433,5401,493,8321,735,659816,171244,496570,950169,99877,14325,84341,1810
Admin Expenses1,195,8231,306,2861,583,757735,967231,213542,960164,76775,62824,69441,5590
Operating Profit237,717187,546151,90280,20413,28327,9905,2311,5151,149-3780
Interest Payable00000000000
Interest Receivable00000715476102322120
Pre-Tax Profit237,717187,546151,90280,20413,28328,7055,7071,5251,381-1660
Tax-59,429-35,634-28,861-15,239-2,524-5,454-1,084-305-27600
Profit After Tax178,288151,912123,04164,96510,75923,2514,6231,2201,105-1660
Dividends Paid00000000000
Retained Profit178,288151,912123,04164,96510,75923,2514,6231,2201,105-1660
Employee Costs44,47141,87440,531335,880111,642218,96071,42034,82033,85532,8840
Number Of Employees11193621110
EBITDA*237,717187,546151,90280,20413,28327,9905,2311,5151,149-3780

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets21,6520000000000
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets21,6520000000000
Stock & work in progress00000000000
Trade Debtors2,451,2142,749,2382,999,2521,085,850336,792765,457186,831108,64838,36600
Group Debtors00000000000
Misc Debtors00000000000
Cash000000190,55708,02884,9620
misc current assets00000000000
total current assets2,451,2142,749,2382,999,2521,085,850336,792765,457377,388108,64846,39484,9620
total assets2,472,8662,749,2382,999,2521,085,850336,792765,457377,388108,64846,39484,9620
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 1,630,4371,841,6962,667,626889,290222,197680,151297,47272,64920,15159,8240
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000072,4340000
total current liabilities1,630,4371,841,6962,667,626889,290222,197680,151369,90672,64920,15159,8240
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income25,55614,69519,02512,0000000000
other liabilities257,875512,13783,80378,80373,80355,27350033,84025,20425,2040
provisions00000000000
total long term liabilities283,431526,832102,82890,80373,80355,27350033,84025,20425,2040
total liabilities1,913,8682,368,5282,770,454980,093296,000735,424370,406106,48945,35585,0280
net assets558,998380,710228,798105,75740,79230,0336,9822,1591,039-660
total shareholders funds558,998380,710228,798105,75740,79230,0336,9822,1591,039-660
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit237,717187,546151,90280,20413,28327,9905,2311,5151,149-3780
Depreciation00000000000
Amortisation00000000000
Tax-59,429-35,634-28,861-15,239-2,524-5,454-1,084-305-27600
Stock00000000000
Debtors-298,024-250,0141,913,402749,058-428,665578,62678,18370,28238,36600
Creditors-211,259-825,9301,778,336667,093-457,954382,679224,82352,498-39,67359,8240
Accruals and Deferred Income10,861-4,3307,02512,0000-72,43472,4340000
Deferred Taxes & Provisions00000000000
Cash flow from operations275,914-428,334-5,000-5,000-18,530-245,845223,221-16,574-77,16659,4460
Investing Activities
capital expenditure-21,6520000000000
Change in Investments00000000000
cash flow from investments-21,6520000000000
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities-254,262428,3345,0005,00018,53054,773-33,3408,636025,2040
share issue00000-200200-10001000
interest00000715476102322120
cash flow from financing-254,262428,3345,0005,00018,53055,288-32,6648,54623225,5160
cash and cash equivalents
cash00000-190,557190,557-8,028-76,93484,9620
overdraft00000000000
change in cash00000-190,557190,557-8,028-76,93484,9620

texco ventures (uk) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Texco Ventures (uk) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for texco ventures (uk) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in WA14 area or any other competitors across 12 key performance metrics.

texco ventures (uk) limited Ownership

TEXCO VENTURES (UK) LIMITED group structure

Texco Ventures (Uk) Limited has no subsidiary companies.

Ultimate parent company

TEXCO VENTURES (UK) LIMITED

08477075

TEXCO VENTURES (UK) LIMITED Shareholders

qadeer ahmed syed 100%

texco ventures (uk) limited directors

Texco Ventures (Uk) Limited currently has 1 director, Mr Qadeer Syed serving since Apr 2013.

officercountryagestartendrole
Mr Qadeer SyedUnited Arab Emirates56 years Apr 2013- Director

P&L

March 2024

turnover

7.9m

-2%

operating profit

237.7k

0%

gross margin

18.1%

-1.79%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

559k

+0.47%

total assets

2.5m

-0.1%

cash

0

0%

net assets

Total assets minus all liabilities

texco ventures (uk) limited company details

company number

08477075

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

April 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

bridge house ashley road, hale, altrincham, cheshire, WA14 2UT

Bank

-

Legal Advisor

-

texco ventures (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 texco ventures (uk) limited.

texco ventures (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.

Click to start generating capital raising & share issue transactions for TEXCO VENTURES (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.

texco ventures (uk) limited Companies House Filings - See Documents

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