t plus ltd
t plus ltd Company Information
Company Number
08691807
Next Accounts
Jan 2025
Industry
Retail sale via mail order houses or via Internet
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Directors
Shareholders
vitabiotics limited
Group Structure
View All
Contact
Registered Address
1 apsley way, london, NW2 7HF
Website
www.tplusdrinks.comt plus ltd Estimated Valuation
Pomanda estimates the enterprise value of T PLUS LTD at £58.8k based on a Turnover of £198k and 0.3x industry multiple (adjusted for size and gross margin).
t plus ltd Estimated Valuation
Pomanda estimates the enterprise value of T PLUS LTD at £27.7k based on an EBITDA of £10k and a 2.77x industry multiple (adjusted for size and gross margin).
t plus ltd Estimated Valuation
Pomanda estimates the enterprise value of T PLUS LTD at £0 based on Net Assets of £-6.6k and 2.15x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
T Plus Ltd Overview
T Plus Ltd is a dissolved company that was located in london, NW2 7HF with a Companies House number of 08691807. It operated in the tea processing sector, SIC Code 10831. Founded in September 2013, it's largest shareholder was vitabiotics limited with a 100% stake. The last turnover for T Plus Ltd was estimated at £198k.
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T Plus Ltd Health Check
Pomanda's financial health check has awarded T Plus Ltd a 3 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 £198k, make it smaller than the average company (£10.4m)
- T Plus Ltd
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (3.3%)
- T Plus Ltd
3.3% - Industry AVG
Production
with a gross margin of 15.2%, this company has a higher cost of product (27.7%)
- T Plus Ltd
27.7% - Industry AVG
Profitability
an operating margin of 5.1% make it more profitable than the average company (1.9%)
- T Plus Ltd
1.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (51)
1 - T Plus Ltd
51 - Industry AVG
Pay Structure
on an average salary of £26.3k, the company has an equivalent pay structure (£26.3k)
- T Plus Ltd
£26.3k - Industry AVG
Efficiency
resulting in sales per employee of £198k, this is more efficient (£169.3k)
- T Plus Ltd
£169.3k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (22 days)
- T Plus Ltd
22 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (30 days)
- T Plus Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- T Plus Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - T Plus Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 116.7%, this is a higher level of debt than the average (64.2%)
116.7% - T Plus Ltd
64.2% - Industry AVG
T PLUS LTD financials
T Plus Ltd's latest turnover from September 2023 is estimated at £198 thousand and the company has net assets of -£6.6 thousand. According to their latest financial statements, T Plus Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3 | |||||||||
| 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 | 2 | 8 | 4 | 6 | 4 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 928 | 1,522 | 1,246 | 1,884 | 2,523 | 0 | 0 | 0 | 0 |
| 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 | 0 | 928 | 1,522 | 1,246 | 1,884 | 2,523 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 4,755 | 0 | 2,662 | 0 |
| Trade Debtors | 39,483 | 128,158 | 88,644 | 110,449 | 115,308 | 19,488 | 23,897 | 1,873 | 5,223 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,049 | 32,475 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 39,483 | 128,158 | 88,644 | 110,449 | 115,308 | 19,488 | 28,652 | 5,922 | 40,360 | 0 |
| total assets | 39,483 | 129,086 | 90,166 | 111,695 | 117,192 | 22,011 | 28,652 | 5,922 | 40,360 | 0 |
| 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 | 46,083 | 143,185 | 36,321 | 53,366 | 50,031 | 43,753 | 32,016 | 35,928 | 61,530 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 46,083 | 143,185 | 36,321 | 53,366 | 50,031 | 43,753 | 32,016 | 35,928 | 61,530 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 359 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 48,148 | 50,000 | 11,167 | 5,960 | 6,944 | 9,536 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 48,507 | 50,000 | 11,167 | 5,960 | 6,944 | 9,536 | 0 | 0 |
| total liabilities | 46,083 | 143,185 | 84,828 | 103,366 | 61,198 | 49,713 | 38,960 | 45,464 | 61,530 | 0 |
| net assets | -6,600 | -14,099 | 5,338 | 8,329 | 55,994 | -27,702 | -10,308 | -39,542 | -21,170 | 0 |
| total shareholders funds | -6,600 | -14,099 | 5,338 | 8,329 | 55,994 | -27,702 | -10,308 | -39,542 | -21,170 | 0 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | |||||||
| Amortisation | 0 | 0 | 0 | |||||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -4,755 | 4,755 | -2,662 | 2,662 | 0 |
| Debtors | -88,675 | 39,514 | -21,805 | -4,859 | 95,820 | -4,409 | 22,024 | -3,350 | 5,223 | 0 |
| Creditors | -97,102 | 106,864 | -17,045 | 3,335 | 6,278 | 11,737 | -3,912 | -25,602 | 61,530 | 0 |
| Accruals and Deferred Income | 0 | -359 | 359 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| 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 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -48,148 | -1,852 | 38,833 | 5,207 | -984 | -2,592 | 9,536 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -4,049 | -28,426 | 32,475 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -4,049 | -28,426 | 32,475 | 0 |
t plus ltd Credit Report and Business Information
T Plus Ltd Competitor Analysis
Perform a competitor analysis for t plus ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in NW2 area or any other competitors across 12 key performance metrics.
t plus ltd Ownership
T PLUS LTD group structure
T Plus Ltd has no subsidiary companies.
Ultimate parent company
VITABIOTICS GROUP HOLDINGS LTD
#0131961
2 parents
T PLUS LTD
08691807
t plus ltd directors
T Plus Ltd currently has 1 director, Mr Robert Taylor serving since Oct 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Taylor | England | 56 years | Oct 2023 | - | Director |
P&L
September 2023turnover
198k
-64%
operating profit
10k
0%
gross margin
15.2%
-13.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-6.6k
-0.53%
total assets
39.5k
-0.69%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
t plus ltd company details
company number
08691807
Type
Private limited with Share Capital
industry
10831 - Tea processing
47910 - Retail sale via mail order houses or via Internet
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
September 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
JUMP ACCOUNTING
auditor
-
address
1 apsley way, london, NW2 7HF
Bank
-
Legal Advisor
-
t plus 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 plus ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
t plus ltd 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 T PLUS LTD. This can take several minutes, an email will notify you when this has completed.
t plus ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
