tozaro limited
tozaro limited Company Information
Company Number
09484417
Next Accounts
Dec 2024
Industry
Other research and experimental development on natural sciences and engineering
Shareholders
mnl (mercia) nominees limited
mercia (general partner) limited
View AllGroup Structure
View All
Contact
Registered Address
the exchange colworth park, sharnbrook, bedfordshire, MK44 1LQ
Website
www.mip-dx.comtozaro limited Estimated Valuation
Pomanda estimates the enterprise value of TOZARO LIMITED at £7.6m based on a Turnover of £5.3m and 1.43x industry multiple (adjusted for size and gross margin).
tozaro limited Estimated Valuation
Pomanda estimates the enterprise value of TOZARO LIMITED at £0 based on an EBITDA of £-1.8m and a 6.54x industry multiple (adjusted for size and gross margin).
tozaro limited Estimated Valuation
Pomanda estimates the enterprise value of TOZARO LIMITED at £6.2m based on Net Assets of £2.9m and 2.13x industry multiple (adjusted for liquidity).
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Tozaro Limited Overview
Tozaro Limited is a live company located in bedfordshire, MK44 1LQ with a Companies House number of 09484417. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in March 2015, it's largest shareholder is mnl (mercia) nominees limited with a 15.9% stake. Tozaro Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.3m with rapid growth in recent years.
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Tozaro Limited Health Check
Pomanda's financial health check has awarded Tozaro Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £5.3m, make it larger than the average company (£3.9m)
- Tozaro Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 74%, show it is growing at a faster rate (3.7%)
- Tozaro Limited
3.7% - Industry AVG
Production
with a gross margin of 47.7%, this company has a comparable cost of product (47.7%)
- Tozaro Limited
47.7% - Industry AVG
Profitability
an operating margin of -33.8% make it less profitable than the average company (4.5%)
- Tozaro Limited
4.5% - Industry AVG
Employees
with 50 employees, this is similar to the industry average (46)
- Tozaro Limited
46 - Industry AVG
Pay Structure
on an average salary of £54.9k, the company has an equivalent pay structure (£54.9k)
- Tozaro Limited
£54.9k - Industry AVG
Efficiency
resulting in sales per employee of £106.3k, this is equally as efficient (£107.5k)
- Tozaro Limited
£107.5k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (49 days)
- Tozaro Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 133 days, this is slower than average (46 days)
- Tozaro Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (125 days)
- Tozaro Limited
125 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 121 weeks, this is more cash available to meet short term requirements (42 weeks)
121 weeks - Tozaro Limited
42 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.5%, this is a lower level of debt than the average (39.7%)
27.5% - Tozaro Limited
39.7% - Industry AVG
TOZARO LIMITED financials
Tozaro Limited's latest turnover from March 2023 is estimated at £5.3 million and the company has net assets of £2.9 million. According to their latest financial statements, we estimate that Tozaro Limited has 50 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 20 | 15 | 12 | 10 | 4 | 3 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 484,706 | 328,429 | 175,693 | 220,331 | 274,394 | 173,876 | 2,274 | 424 |
| Intangible Assets | 141,904 | 86,277 | 74,301 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 626,610 | 414,706 | 249,994 | 220,331 | 274,394 | 173,876 | 2,274 | 424 |
| Stock & work in progress | 43,016 | 20,225 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 945,705 | 133,213 | 30,555 | 153,136 | 177,978 | 29,557 | 5,100 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 197,671 | 127,204 | 16,674 | 48,965 | 103,467 | 11,542 | 10,615 |
| Cash | 2,386,168 | 4,406,899 | 1,861,310 | 137,506 | 801,491 | 1,082,774 | 395,209 | 164,864 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,374,889 | 4,758,008 | 2,019,069 | 307,316 | 1,028,434 | 1,215,798 | 411,851 | 175,479 |
| total assets | 4,001,499 | 5,172,714 | 2,269,063 | 527,647 | 1,302,828 | 1,389,674 | 414,125 | 175,903 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,018,469 | 115,096 | 45,383 | 41,909 | 18,683 | 62,025 | 15,885 | 18,830 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 33,390 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 67,176 | 26,640 | 60,667 | 51,005 | 29,434 | 0 | 0 |
| other current liabilities | 0 | 315,674 | 137,668 | 174,141 | 108,164 | 29,019 | 7,234 | 5,530 |
| total current liabilities | 1,018,469 | 531,336 | 209,691 | 276,717 | 177,852 | 120,478 | 23,119 | 24,360 |
| loans | 0 | 3,891 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 124,746 | 0 | 26,640 | 90,740 | 69,566 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 80,188 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 80,188 | 128,637 | 0 | 26,640 | 90,740 | 69,566 | 0 | 0 |
| total liabilities | 1,098,657 | 659,973 | 209,691 | 303,357 | 268,592 | 190,044 | 23,119 | 24,360 |
| net assets | 2,902,842 | 4,512,741 | 2,059,372 | 224,290 | 1,034,236 | 1,199,630 | 391,006 | 151,543 |
| total shareholders funds | 2,902,842 | 4,512,741 | 2,059,372 | 224,290 | 1,034,236 | 1,199,630 | 391,006 | 151,543 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 123,612 | 74,190 | 69,520 | 50,631 | 5,266 | 385 | 12 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | 22,791 | 20,225 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 614,821 | 173,125 | -12,051 | -57,133 | 93,919 | 116,382 | 6,027 | 10,615 |
| Creditors | 903,373 | 69,713 | 3,474 | 23,226 | -43,342 | 46,140 | -2,945 | 18,830 |
| Accruals and Deferred Income | -315,674 | 178,006 | -36,473 | 65,977 | 79,145 | 21,785 | 1,704 | 5,530 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -33,390 | 33,390 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -3,891 | 3,891 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -191,922 | 165,282 | -60,667 | -54,438 | 42,745 | 99,000 | 0 | 0 |
| other long term liabilities | 80,188 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -2,020,731 | 2,545,589 | 1,723,804 | -663,985 | -281,283 | 687,565 | 230,345 | 164,864 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,020,731 | 2,545,589 | 1,723,804 | -663,985 | -281,283 | 687,565 | 230,345 | 164,864 |
tozaro limited Credit Report and Business Information
Tozaro Limited Competitor Analysis
Perform a competitor analysis for tozaro limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in MK44 area or any other competitors across 12 key performance metrics.
tozaro limited Ownership
TOZARO LIMITED group structure
Tozaro Limited has no subsidiary companies.
Ultimate parent company
TOZARO LIMITED
09484417
tozaro limited directors
Tozaro Limited currently has 5 directors. The longest serving directors include Mr William Brooks (Jun 2020) and Michele Pedrocchi (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Brooks | 63 years | Jun 2020 | - | Director | |
| Michele Pedrocchi | England | 60 years | Feb 2022 | - | Director |
| Dr Michael Evans | 66 years | Feb 2022 | - | Director | |
| Ms Elizabeth Edmonds | United Kingdom | 53 years | Dec 2022 | - | Director |
| Mr Guy Leaver | England | 60 years | Apr 2024 | - | Director |
P&L
March 2023turnover
5.3m
+304%
operating profit
-1.8m
0%
gross margin
47.8%
+0.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.9m
-0.36%
total assets
4m
-0.23%
cash
2.4m
-0.46%
net assets
Total assets minus all liabilities
tozaro limited company details
company number
09484417
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
March 2015
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
mip discovery limited (June 2024)
mip diagnostics limited (May 2022)
accountant
LAKIN ROSE LIMITED
auditor
-
address
the exchange colworth park, sharnbrook, bedfordshire, MK44 1LQ
Bank
-
Legal Advisor
-
tozaro 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 1 charges/mortgages relating to tozaro limited. Currently there are 0 open charges and 1 have been satisfied in the past.
tozaro 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 TOZARO LIMITED. This can take several minutes, an email will notify you when this has completed.
tozaro limited Companies House Filings - See Documents
| date | description | view/download |
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