tong buildings ltd
tong buildings ltd Company Information
Company Number
09232574
Next Accounts
Jun 2025
Shareholders
iqbal sekhon
balwinder singh
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
dawsons house owlcotes lane, pudsey, LS28 6PY
Website
-tong buildings ltd Estimated Valuation
Pomanda estimates the enterprise value of TONG BUILDINGS LTD at £382.8k based on a Turnover of £116.1k and 3.3x industry multiple (adjusted for size and gross margin).
tong buildings ltd Estimated Valuation
Pomanda estimates the enterprise value of TONG BUILDINGS LTD at £939.2k based on an EBITDA of £145.7k and a 6.45x industry multiple (adjusted for size and gross margin).
tong buildings ltd Estimated Valuation
Pomanda estimates the enterprise value of TONG BUILDINGS LTD at £328.4k based on Net Assets of £188.1k and 1.75x industry multiple (adjusted for liquidity).
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Tong Buildings Ltd Overview
Tong Buildings Ltd is a live company located in pudsey, LS28 6PY with a Companies House number of 09232574. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2014, it's largest shareholder is iqbal sekhon with a 50% stake. Tong Buildings Ltd is a established, micro sized company, Pomanda has estimated its turnover at £116.1k with declining growth in recent years.
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Tong Buildings Ltd Health Check
Pomanda's financial health check has awarded Tong Buildings Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £116.1k, make it smaller than the average company (£847.4k)
- Tong Buildings Ltd
£847.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -47%, show it is growing at a slower rate (2.8%)
- Tong Buildings Ltd
2.8% - Industry AVG
Production
with a gross margin of 72.4%, this company has a comparable cost of product (72.4%)
- Tong Buildings Ltd
72.4% - Industry AVG
Profitability
an operating margin of 124.6% make it more profitable than the average company (27.7%)
- Tong Buildings Ltd
27.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Tong Buildings Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
- Tong Buildings Ltd
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £116.1k, this is less efficient (£180.3k)
- Tong Buildings Ltd
£180.3k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is near the average (33 days)
- Tong Buildings Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 152 days, this is slower than average (34 days)
- Tong Buildings Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tong Buildings Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (12 weeks)
3 weeks - Tong Buildings Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.6%, this is a higher level of debt than the average (68%)
75.6% - Tong Buildings Ltd
68% - Industry AVG
TONG BUILDINGS LTD financials
Tong Buildings Ltd's latest turnover from September 2023 is estimated at £116.1 thousand and the company has net assets of £188.1 thousand. According to their latest financial statements, Tong Buildings Ltd has 1 employee and maintains cash reserves of £9.2 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | |||||
| 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 530,072 | 531,167 | 532,383 | 533,735 | 535,236 | 531,604 | 512,253 | 508,399 | 414,255 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 530,072 | 531,167 | 532,383 | 533,735 | 535,236 | 531,604 | 512,253 | 508,399 | 414,255 |
| Stock & work in progress | |||||||||
| Trade Debtors | 10,313 | 16,319 | 12,275 | 91,798 | 35,370 | 23,745 | 11,512 | 3,237 | |
| Group Debtors | |||||||||
| Misc Debtors | 219,760 | 118,315 | 56,164 | 9,206 | 9,074 | ||||
| Cash | 9,151 | 15,275 | 45,977 | 12,993 | 12,191 | 26,467 | 4,365 | ||
| misc current assets | |||||||||
| total current assets | 239,224 | 149,909 | 114,416 | 91,798 | 35,370 | 36,738 | 32,909 | 38,778 | 4,365 |
| total assets | 769,296 | 681,076 | 646,799 | 625,533 | 570,606 | 568,342 | 545,162 | 547,177 | 418,620 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 13,411 | 13,757 | 11,948 | 96,709 | 83,208 | 75,292 | 2,812 | 1,648 | |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 112,686 | 79,534 | 87,179 | 58,139 | 56,060 | ||||
| total current liabilities | 126,097 | 93,291 | 99,127 | 96,709 | 83,208 | 75,292 | 60,951 | 56,060 | 1,648 |
| loans | 455,129 | 469,627 | 510,197 | 596,973 | 607,584 | ||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 566,020 | 570,030 | 600,031 | 458,190 | |||||
| provisions | |||||||||
| total long term liabilities | 455,129 | 469,627 | 510,197 | 566,020 | 570,030 | 600,031 | 596,973 | 607,584 | 458,190 |
| total liabilities | 581,226 | 562,918 | 609,324 | 662,729 | 653,238 | 675,323 | 657,924 | 663,644 | 459,838 |
| net assets | 188,070 | 118,158 | 37,475 | -37,196 | -82,632 | -106,981 | -112,762 | -116,467 | -41,218 |
| total shareholders funds | 188,070 | 118,158 | 37,475 | -37,196 | -82,632 | -106,981 | -112,762 | -116,467 | -41,218 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,095 | 1,216 | 1,352 | 1,405 | 1,158 | ||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 95,439 | 66,195 | -23,359 | 56,428 | 11,625 | 3,027 | 8,407 | 12,311 | |
| Creditors | -346 | 1,809 | -84,761 | 13,501 | 7,916 | 72,480 | 2,812 | -1,648 | 1,648 |
| Accruals and Deferred Income | 33,152 | -7,645 | 87,179 | -58,139 | 2,079 | 56,060 | |||
| 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 | -14,498 | -40,570 | 510,197 | -596,973 | -10,611 | 607,584 | |||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -566,020 | -4,010 | -30,001 | 600,031 | -458,190 | 458,190 | |||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -6,124 | -30,702 | 45,977 | -12,993 | 802 | -14,276 | 22,102 | 4,365 | |
| overdraft | |||||||||
| change in cash | -6,124 | -30,702 | 45,977 | -12,993 | 802 | -14,276 | 22,102 | 4,365 |
tong buildings ltd Credit Report and Business Information
Tong Buildings Ltd Competitor Analysis
Perform a competitor analysis for tong buildings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LS28 area or any other competitors across 12 key performance metrics.
tong buildings ltd Ownership
TONG BUILDINGS LTD group structure
Tong Buildings Ltd has no subsidiary companies.
Ultimate parent company
TONG BUILDINGS LTD
09232574
tong buildings ltd directors
Tong Buildings Ltd currently has 3 directors. The longest serving directors include Mr Iqbal Sekhon (Sep 2014) and Mr Balwinder Singh (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Iqbal Sekhon | United Kingdom | 51 years | Sep 2014 | - | Director |
| Mr Balwinder Singh | England | 67 years | Sep 2016 | - | Director |
| Mr Nirmal Singh | England | 73 years | Sep 2016 | - | Director |
P&L
September 2023turnover
116.1k
-17%
operating profit
144.6k
0%
gross margin
72.4%
+1.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
188.1k
+0.59%
total assets
769.3k
+0.13%
cash
9.2k
-0.4%
net assets
Total assets minus all liabilities
tong buildings ltd company details
company number
09232574
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
September 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
dawsons house owlcotes lane, pudsey, LS28 6PY
Bank
-
Legal Advisor
-
tong buildings 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 did not find charges/mortgages relating to tong buildings ltd.
tong buildings 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 TONG BUILDINGS LTD. This can take several minutes, an email will notify you when this has completed.
tong buildings ltd Companies House Filings - See Documents
| date | description | view/download |
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