tgag developments limited
tgag developments limited Company Information
Company Number
09450156
Next Accounts
Dec 2025
Shareholders
andrew gates
timothy gates
Group Structure
View All
Industry
Development of building projects
Registered Address
salisbury house, london, EC2M 5SQ
Website
-tgag developments limited Estimated Valuation
Pomanda estimates the enterprise value of TGAG DEVELOPMENTS LIMITED at £305k based on a Turnover of £904.8k and 0.34x industry multiple (adjusted for size and gross margin).
tgag developments limited Estimated Valuation
Pomanda estimates the enterprise value of TGAG DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-559 and a 2.59x industry multiple (adjusted for size and gross margin).
tgag developments limited Estimated Valuation
Pomanda estimates the enterprise value of TGAG DEVELOPMENTS LIMITED at £1.8m based on Net Assets of £1.2m and 1.49x industry multiple (adjusted for liquidity).
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Tgag Developments Limited Overview
Tgag Developments Limited is a live company located in london, EC2M 5SQ with a Companies House number of 09450156. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2015, it's largest shareholder is andrew gates with a 50% stake. Tgag Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £904.8k with low growth in recent years.
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Tgag Developments Limited Health Check
Pomanda's financial health check has awarded Tgag Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
8 Weak
Size
annual sales of £904.8k, make it smaller than the average company (£2.3m)
- Tgag Developments Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6%)
- Tgag Developments Limited
6% - Industry AVG
Production
with a gross margin of 9.1%, this company has a higher cost of product (26.2%)
- Tgag Developments Limited
26.2% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (7.6%)
- Tgag Developments Limited
7.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Tgag Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.4k, the company has an equivalent pay structure (£48.4k)
- Tgag Developments Limited
£48.4k - Industry AVG
Efficiency
resulting in sales per employee of £452.4k, this is more efficient (£281.5k)
- Tgag Developments Limited
£281.5k - Industry AVG
Debtor Days
it gets paid by customers after 171 days, this is later than average (27 days)
- Tgag Developments Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (31 days)
- Tgag Developments Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tgag Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Tgag Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.3%, this is a lower level of debt than the average (73.7%)
0.3% - Tgag Developments Limited
73.7% - Industry AVG
TGAG DEVELOPMENTS LIMITED financials
Tgag Developments Limited's latest turnover from March 2024 is estimated at £904.8 thousand and the company has net assets of £1.2 million. According to their latest financial statements, Tgag Developments Limited has 2 employees and maintains cash reserves of £1 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 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 789,085 | 789,085 | 789,085 | 789,085 | 788,558 | 2,882,175 | 2,858,806 | 613,008 | 201,199 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 789,085 | 789,085 | 789,085 | 789,085 | 788,558 | 2,882,175 | 2,858,806 | 613,008 | 201,199 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 425,433 | 425,983 | 426,526 | 427,296 | 446,771 | 250 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 342 | 7,049 | 228 |
| Cash | 1 | 10 | 10 | 3 | 147 | 23 | 35,470 | 22,722 | 2,217 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 425,434 | 425,993 | 426,536 | 427,299 | 446,918 | 273 | 35,812 | 29,771 | 2,445 |
| total assets | 1,214,519 | 1,215,078 | 1,215,621 | 1,216,384 | 1,235,476 | 2,882,448 | 2,894,618 | 642,779 | 203,644 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,700 | 3,700 | 3,700 | 3,699 | 22,028 | 1,665,749 | 1,675,483 | 118,663 | 105,860 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 536,799 | 100,654 |
| total current liabilities | 3,700 | 3,700 | 3,700 | 3,699 | 22,028 | 1,665,749 | 1,675,483 | 655,462 | 206,514 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 211,438 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 211,438 | 0 | 0 | 0 |
| total liabilities | 3,700 | 3,700 | 3,700 | 3,699 | 22,028 | 1,877,187 | 1,675,483 | 655,462 | 206,514 |
| net assets | 1,210,819 | 1,211,378 | 1,211,921 | 1,212,685 | 1,213,448 | 1,005,261 | 1,219,135 | -12,683 | -2,870 |
| total shareholders funds | 1,210,819 | 1,211,378 | 1,211,921 | 1,212,685 | 1,213,448 | 1,005,261 | 1,219,135 | -12,683 | -2,870 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 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 |
| Debtors | -550 | -543 | -770 | -19,475 | 446,521 | -92 | -6,707 | 6,821 | 228 |
| Creditors | 0 | 0 | 1 | -18,329 | -1,643,721 | -9,734 | 1,556,820 | 12,803 | 105,860 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -536,799 | 436,145 | 100,654 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -211,438 | 211,438 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -9 | 0 | 7 | -144 | 124 | -35,447 | 12,748 | 20,505 | 2,217 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -9 | 0 | 7 | -144 | 124 | -35,447 | 12,748 | 20,505 | 2,217 |
tgag developments limited Credit Report and Business Information
Tgag Developments Limited Competitor Analysis
Perform a competitor analysis for tgag developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EC2M area or any other competitors across 12 key performance metrics.
tgag developments limited Ownership
TGAG DEVELOPMENTS LIMITED group structure
Tgag Developments Limited has no subsidiary companies.
Ultimate parent company
TGAG DEVELOPMENTS LIMITED
09450156
tgag developments limited directors
Tgag Developments Limited currently has 2 directors. The longest serving directors include Mr Andrew Gates (Feb 2015) and Mr Timothy Gates (Feb 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Gates | United Kingdom | 68 years | Feb 2015 | - | Director |
| Mr Timothy Gates | United Kingdom | 64 years | Feb 2015 | - | Director |
P&L
March 2024turnover
904.8k
+8%
operating profit
-559.3
0%
gross margin
9.1%
-3.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.2m
0%
total assets
1.2m
0%
cash
1
-0.9%
net assets
Total assets minus all liabilities
Similar Companies
tgag developments limited company details
company number
09450156
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
February 2015
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
PAWLEY & MALYON
auditor
-
address
salisbury house, london, EC2M 5SQ
Bank
-
Legal Advisor
-
tgag developments 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 tgag developments limited.
tgag developments 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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tgag developments limited Companies House Filings - See Documents
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