texco ventures (uk) limited Company Information
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
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
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
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
3 Strong
1 Regular
6 Weak
Size
annual sales of £7.9m, make it smaller than the average company (£15.4m)
- Texco Ventures (uk) Limited
£15.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (8.1%)
- Texco Ventures (uk) Limited
8.1% - Industry AVG
Production
with a gross margin of 18.1%, this company has a higher cost of product (27.4%)
- Texco Ventures (uk) Limited
27.4% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (5%)
- Texco Ventures (uk) Limited
5% - Industry AVG
Employees
with 1 employees, this is below the industry average (37)
1 - Texco Ventures (uk) Limited
37 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Texco Ventures (uk) Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £7.9m, this is more efficient (£374k)
- Texco Ventures (uk) Limited
£374k - Industry AVG
Debtor Days
it gets paid by customers after 112 days, this is later than average (51 days)
- Texco Ventures (uk) Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 91 days, this is slower than average (32 days)
- Texco Ventures (uk) Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Texco Ventures (uk) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Texco Ventures (uk) Limited
- - Industry AVG
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
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 House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 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 | 1 | 1 | 1 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 21,652 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 21,652 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 2,451,214 | 2,749,238 | 2,999,252 | 1,085,850 | 336,792 | 765,457 | 186,831 | 108,648 | 38,366 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 190,557 | 0 | 8,028 | 84,962 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,451,214 | 2,749,238 | 2,999,252 | 1,085,850 | 336,792 | 765,457 | 377,388 | 108,648 | 46,394 | 84,962 | 0 |
total assets | 2,472,866 | 2,749,238 | 2,999,252 | 1,085,850 | 336,792 | 765,457 | 377,388 | 108,648 | 46,394 | 84,962 | 0 |
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 | 1,630,437 | 1,841,696 | 2,667,626 | 889,290 | 222,197 | 680,151 | 297,472 | 72,649 | 20,151 | 59,824 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 72,434 | 0 | 0 | 0 | 0 |
total current liabilities | 1,630,437 | 1,841,696 | 2,667,626 | 889,290 | 222,197 | 680,151 | 369,906 | 72,649 | 20,151 | 59,824 | 0 |
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 | 25,556 | 14,695 | 19,025 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 257,875 | 512,137 | 83,803 | 78,803 | 73,803 | 55,273 | 500 | 33,840 | 25,204 | 25,204 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 283,431 | 526,832 | 102,828 | 90,803 | 73,803 | 55,273 | 500 | 33,840 | 25,204 | 25,204 | 0 |
total liabilities | 1,913,868 | 2,368,528 | 2,770,454 | 980,093 | 296,000 | 735,424 | 370,406 | 106,489 | 45,355 | 85,028 | 0 |
net assets | 558,998 | 380,710 | 228,798 | 105,757 | 40,792 | 30,033 | 6,982 | 2,159 | 1,039 | -66 | 0 |
total shareholders funds | 558,998 | 380,710 | 228,798 | 105,757 | 40,792 | 30,033 | 6,982 | 2,159 | 1,039 | -66 | 0 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | |||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Tax | |||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -298,024 | -250,014 | 1,913,402 | 749,058 | -428,665 | 578,626 | 78,183 | 70,282 | 38,366 | 0 | 0 |
Creditors | -211,259 | -825,930 | 1,778,336 | 667,093 | -457,954 | 382,679 | 224,823 | 52,498 | -39,673 | 59,824 | 0 |
Accruals and Deferred Income | 10,861 | -4,330 | 7,025 | 12,000 | 0 | -72,434 | 72,434 | 0 | 0 | 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 | 0 | 0 | 0 | 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 | -254,262 | 428,334 | 5,000 | 5,000 | 18,530 | 54,773 | -33,340 | 8,636 | 0 | 25,204 | 0 |
share issue | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | 0 | 0 | 0 | 0 | 0 | -190,557 | 190,557 | -8,028 | -76,934 | 84,962 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | -190,557 | 190,557 | -8,028 | -76,934 | 84,962 | 0 |
texco ventures (uk) limited Credit Report and Business Information
Texco Ventures (uk) Limited Competitor Analysis
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 directors
Texco Ventures (Uk) Limited currently has 1 director, Mr Qadeer Syed serving since Apr 2013.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Qadeer Syed | United Arab Emirates | 56 years | Apr 2013 | - | Director |
P&L
March 2024turnover
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 2024net 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
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.
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texco ventures (uk) limited Companies House Filings - See Documents
date | description | view/download |
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