tace london limited
tace london limited Company Information
Company Number
08803174
Next Accounts
Sep 2025
Shareholders
tace limited
Group Structure
View All
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Registered Address
intecho house bowling green, mereheath lane, knutsford, WA16 6SL
Website
www.tace.co.uktace london limited Estimated Valuation
Pomanda estimates the enterprise value of TACE LONDON LIMITED at £251.8k based on a Turnover of £727.5k and 0.35x industry multiple (adjusted for size and gross margin).
tace london limited Estimated Valuation
Pomanda estimates the enterprise value of TACE LONDON LIMITED at £487.4k based on an EBITDA of £165.6k and a 2.94x industry multiple (adjusted for size and gross margin).
tace london limited Estimated Valuation
Pomanda estimates the enterprise value of TACE LONDON LIMITED at £296.8k based on Net Assets of £125.9k and 2.36x industry multiple (adjusted for liquidity).
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Tace London Limited Overview
Tace London Limited is a live company located in knutsford, WA16 6SL with a Companies House number of 08803174. It operates in the other engineering activities sector, SIC Code 71129. Founded in December 2013, it's largest shareholder is tace limited with a 100% stake. Tace London Limited is a established, small sized company, Pomanda has estimated its turnover at £727.5k with healthy growth in recent years.
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Tace London Limited Health Check
Pomanda's financial health check has awarded Tace London Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £727.5k, make it smaller than the average company (£5.2m)
- Tace London Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (8.2%)
- Tace London Limited
8.2% - Industry AVG
Production
with a gross margin of 17.6%, this company has a higher cost of product (32.9%)
- Tace London Limited
32.9% - Industry AVG
Profitability
an operating margin of 22.8% make it more profitable than the average company (5.8%)
- Tace London Limited
5.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (35)
- Tace London Limited
35 - Industry AVG
Pay Structure
on an average salary of £58.1k, the company has an equivalent pay structure (£58.1k)
- Tace London Limited
£58.1k - Industry AVG
Efficiency
resulting in sales per employee of £242.5k, this is more efficient (£136.4k)
- Tace London Limited
£136.4k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (66 days)
- Tace London Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (28 days)
- Tace London Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tace London Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tace London Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.4%, this is a lower level of debt than the average (57.3%)
50.4% - Tace London Limited
57.3% - Industry AVG
TACE LONDON LIMITED financials
Tace London Limited's latest turnover from December 2023 is estimated at £727.5 thousand and the company has net assets of £125.9 thousand. According to their latest financial statements, we estimate that Tace London Limited has 3 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | ||||||||||
| Stock & work in progress | ||||||||||
| Trade Debtors | 227,919 | 28,022 | 285,335 | 240,556 | 163,333 | |||||
| Group Debtors | ||||||||||
| Misc Debtors | 26,069 | 20,000 | ||||||||
| Cash | 11,347 | 57,442 | 77,251 | 2 | 2 | |||||
| misc current assets | ||||||||||
| total current assets | 253,988 | 48,022 | 11,347 | 342,777 | 317,807 | 163,335 | 2 | |||
| total assets | 253,988 | 48,022 | 11,347 | 342,777 | 317,807 | 163,335 | 2 | |||
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 126,457 | 46,339 | 33,463 | 7,970 | 20,004 | 56,375 | ||||
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | ||||||||||
| total current liabilities | 126,457 | 46,339 | 33,463 | 7,970 | 20,004 | 56,375 | ||||
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | 1,654 | |||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | 1,654 | |||||||||
| total liabilities | 128,111 | 46,339 | 33,463 | 7,970 | 20,004 | 56,375 | ||||
| net assets | 125,877 | 1,683 | -22,116 | 334,807 | 297,803 | 106,960 | 2 | |||
| total shareholders funds | 125,877 | 1,683 | -22,116 | 334,807 | 297,803 | 106,960 | 2 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | ||||||||||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | ||||||||||
| Debtors | 205,966 | 48,022 | -285,335 | 44,779 | 77,223 | 163,333 | ||||
| Creditors | 80,118 | 12,876 | 25,493 | -12,034 | -36,371 | 56,375 | ||||
| Accruals and Deferred Income | 1,654 | |||||||||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -11,347 | -46,095 | -19,809 | 77,249 | 2 | |||||
| overdraft | ||||||||||
| change in cash | -11,347 | -46,095 | -19,809 | 77,249 | 2 |
tace london limited Credit Report and Business Information
Tace London Limited Competitor Analysis
Perform a competitor analysis for tace london limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WA16 area or any other competitors across 12 key performance metrics.
tace london limited Ownership
TACE LONDON LIMITED group structure
Tace London Limited has no subsidiary companies.
Ultimate parent company
TACE LONDON LIMITED
08803174
tace london limited directors
Tace London Limited currently has 5 directors. The longest serving directors include Mr James Massey (Dec 2013) and Mr Nicholas Thomas (Oct 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Massey | England | 43 years | Dec 2013 | - | Director |
| Mr Nicholas Thomas | England | 36 years | Oct 2023 | - | Director |
| Mr Nigel Griffiths | England | 63 years | Oct 2023 | - | Director |
| Mr Oliver Dennis | England | 53 years | Oct 2024 | - | Director |
| Ms Ruth Percival | England | 51 years | Oct 2024 | - | Director |
P&L
December 2023turnover
727.5k
+450%
operating profit
165.6k
0%
gross margin
17.6%
+2.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
125.9k
+73.79%
total assets
254k
+4.29%
cash
0
0%
net assets
Total assets minus all liabilities
tace london limited company details
company number
08803174
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
December 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
JONES HARRIS LIMITED
auditor
-
address
intecho house bowling green, mereheath lane, knutsford, WA16 6SL
Bank
-
Legal Advisor
-
tace london 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 found 2 charges/mortgages relating to tace london limited. Currently there are 2 open charges and 0 have been satisfied in the past.
tace london 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 TACE LONDON LIMITED. This can take several minutes, an email will notify you when this has completed.
tace london limited Companies House Filings - See Documents
| date | description | view/download |
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