Pomanda estimates the enterprise value of TIPWORX LIMITED at £1.2m based on a Turnover of £2.4m and 0.51x industry multiple (adjusted for size and gross margin).
tipworx limitedEstimated Valuation
£774.1k
Pomanda estimates the enterprise value of TIPWORX LIMITED at £774.1k based on an EBITDA of £204.3k and a 3.79x industry multiple (adjusted for size and gross margin).
tipworx limitedEstimated Valuation
£1.7m
Pomanda estimates the enterprise value of TIPWORX LIMITED at £1.7m based on Net Assets of £716.2k and 2.39x industry multiple (adjusted for liquidity).
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Tipworx LimitedOverview
Tipworx Limited is a live company located in new mills, SK22 4PP with a Companies House number of 09247762. It operates in the freight transport by road sector, SIC Code 49410. Founded in October 2014, it's largest shareholder is
pfaf property investments ltd
with a 100% stake. Tipworx Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.4m with
high
growth in recent years.
Pomanda's financial health check has awarded Tipworx Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £2.4m, make it smaller than the average company (£8.8m)
£2.4m - Tipworx Limited
£8.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (8.8%)
26% - Tipworx Limited
8.8% - Industry AVG
Production
with a gross margin of 22%, this company has a comparable cost of product (22%)
22% - Tipworx Limited
22% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (5.6%)
3.8% - Tipworx Limited
5.6% - Industry AVG
Employees
with 12 employees, this is below the industry average (58)
12 - Tipworx Limited
58 - Industry AVG
Pay Structure
on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)
£39.9k - Tipworx Limited
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £203.3k, this is more efficient (£135.8k)
£203.3k - Tipworx Limited
£135.8k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (52 days)
62 days - Tipworx Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (30 days)
50 days - Tipworx Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tipworx Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (14 weeks)
8 weeks - Tipworx Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.1%, this is a lower level of debt than the average (60.8%)
52.1% - Tipworx Limited
60.8% - Industry AVG
TIPWORX LIMITED financials
EXPORT
Tipworx Limited's latest turnover from October 2023 is estimated at £2.4 million and the company has net assets of £716.2 thousand. According to their latest financial statements, Tipworx Limited has 12 employees and maintains cash reserves of £108.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Turnover
2,439,542
2,256,970
1,344,080
1,223,068
880,534
754,998
275,787
209,347
114,195
Other Income Or Grants
Cost Of Sales
1,903,864
1,780,464
1,062,018
976,231
705,821
605,827
219,648
97,630
77,147
Gross Profit
535,678
476,507
282,062
246,837
174,712
149,171
56,139
111,717
37,048
Admin Expenses
444,064
150,482
208,607
119,741
149,673
51,203
-28,693
60,801
30,502
Operating Profit
91,614
326,025
73,455
127,096
25,039
97,968
84,832
50,916
6,546
Interest Payable
3,473
3,823
3,731
2,739
809
3,015
Interest Receivable
6,240
2,351
160
164
484
224
67
Pre-Tax Profit
94,381
324,553
69,884
124,521
24,715
98,191
84,899
47,901
9,546
Tax
-23,595
-61,665
-13,278
-23,659
-4,696
-18,656
-16,131
-2
-911
Profit After Tax
70,786
262,888
56,606
100,862
20,019
79,535
68,768
47,899
8,635
Dividends Paid
Retained Profit
70,786
262,888
56,606
100,862
20,019
79,535
68,768
47,899
8,635
Employee Costs
478,703
418,525
280,888
240,091
239,219
166,816
32,351
31,625
31,356
Number Of Employees
12
11
8
7
7
5
1
1
1
EBITDA*
204,299
418,694
141,111
193,179
68,648
143,350
115,906
76,655
24,576
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Tangible Assets
862,648
793,675
633,920
456,273
299,795
256,134
175,203
160,434
92,524
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
862,648
793,675
633,920
456,273
299,795
256,134
175,203
160,434
92,524
Stock & work in progress
Trade Debtors
420,202
443,003
265,228
212,677
179,485
140,797
93,493
32,034
21,919
Group Debtors
Misc Debtors
104,765
97,618
70,640
70,393
71,041
Cash
108,946
128,779
80,214
239,945
88,603
40,593
19,035
34,511
12,989
misc current assets
18,583
total current assets
633,913
669,400
416,082
523,015
339,129
181,390
112,528
66,545
53,491
total assets
1,496,561
1,463,075
1,050,002
979,288
638,924
437,524
287,731
226,979
146,015
Bank overdraft
6,250
6,250
Bank loan
Trade Creditors
265,559
260,999
161,572
143,991
66,137
348
5,635
Group/Directors Accounts
35
1,538
107
1,020
11,342
2,148
other short term finances
hp & lease commitments
314,048
131,044
126,694
105,378
52,794
51,643
34,155
133,414
87,205
other current liabilities
60,764
103,100
91,424
76,948
68,637
41,260
26,186
37,030
44,539
total current liabilities
640,406
496,681
379,797
333,587
205,160
95,051
60,689
170,444
137,379
loans
25,543
36,192
56,481
59,590
17,708
hp & lease commitments
114,414
284,790
231,300
260,293
191,100
137,536
101,739
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
139,957
320,982
287,781
319,883
208,808
137,536
101,739
total liabilities
780,363
817,663
667,578
653,470
413,968
232,587
162,428
170,444
137,379
net assets
716,198
645,412
382,424
325,818
224,956
204,937
125,303
56,535
8,636
total shareholders funds
716,198
645,412
382,424
325,818
224,956
204,937
125,303
56,535
8,636
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Operating Activities
Operating Profit
91,614
326,025
73,455
127,096
25,039
97,968
84,832
50,916
6,546
Depreciation
112,685
92,669
67,656
66,083
43,609
45,382
31,074
25,739
18,030
Amortisation
Tax
-23,595
-61,665
-13,278
-23,659
-4,696
-18,656
-16,131
-2
-911
Stock
Debtors
-15,654
204,753
52,798
32,544
109,729
47,304
61,459
10,115
21,919
Creditors
4,560
99,427
17,581
77,854
66,137
-348
348
-5,635
5,635
Accruals and Deferred Income
-42,336
11,676
14,476
8,311
27,377
15,074
-10,844
-7,509
44,539
Deferred Taxes & Provisions
Cash flow from operations
158,582
263,379
107,092
223,141
47,737
92,116
27,820
53,394
51,920
Investing Activities
capital expenditure
-181,658
-252,424
-245,303
-222,561
-87,270
-126,313
-45,843
-93,649
-110,554
Change in Investments
cash flow from investments
-181,658
-252,424
-245,303
-222,561
-87,270
-126,313
-45,843
-93,649
-110,554
Financing Activities
Bank loans
Group/Directors Accounts
-1,503
1,431
-913
-10,322
9,194
2,148
Other Short Term Loans
Long term loans
-10,649
-20,289
-3,109
41,882
17,708
Hire Purchase and Lease Commitments
12,628
57,840
-7,677
121,777
54,715
53,285
2,480
46,209
87,205
other long term liabilities
share issue
100
99
1
interest
2,767
-1,472
-3,571
-2,575
-325
224
67
-3,015
cash flow from financing
3,243
37,610
-15,270
150,762
81,292
55,756
2,547
43,194
87,206
cash and cash equivalents
cash
-19,833
48,565
-159,731
151,342
48,010
21,558
-15,476
21,522
12,989
overdraft
-6,250
6,250
change in cash
-19,833
48,565
-153,481
151,342
41,760
21,558
-15,476
21,522
12,989
tipworx limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for tipworx limited. Get real-time insights into tipworx limited's credit score, group structure and payment trends.
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unit 3, marsh lane trading estat, marsh lane, new mills, high peak, SK22 4PP
Bank
-
Legal Advisor
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tipworx 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 tipworx limited. Currently there are 0 open charges and 2 have been satisfied in the past.
tipworx 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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tipworx limitedCompanies House Filings - See Documents
