Pomanda estimates the enterprise value of TYRE POINT LTD at £32.1k based on a Turnover of £152.6k and 0.21x industry multiple (adjusted for size and gross margin).
tyre point ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of TYRE POINT LTD at £0 based on an EBITDA of £-6.7k and a 3.14x industry multiple (adjusted for size and gross margin).
tyre point ltdEstimated Valuation
£45.3k
Pomanda estimates the enterprise value of TYRE POINT LTD at £45.3k based on Net Assets of £16k and 2.84x industry multiple (adjusted for liquidity).
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Tyre Point LtdOverview
Tyre Point Ltd is a live company located in birmingham, B30 3RT with a Companies House number of 09658380. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in June 2015, it's largest shareholder is
umar hayat khan
with a 100% stake. Tyre Point Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£152.6k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Tyre Point Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
5 Weak
Size
annual sales of £152.6k, make it smaller than the average company (£379.1k)
£152.6k - Tyre Point Ltd
£379.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 99%, show it is growing at a faster rate (6%)
99% - Tyre Point Ltd
6% - Industry AVG
Production
with a gross margin of 23.7%, this company has a higher cost of product (36.8%)
23.7% - Tyre Point Ltd
36.8% - Industry AVG
Profitability
an operating margin of -4.4% make it less profitable than the average company (4.5%)
-4.4% - Tyre Point Ltd
4.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (12)
4 - Tyre Point Ltd
12 - Industry AVG
Pay Structure
on an average salary of £28.8k, the company has an equivalent pay structure (£28.8k)
£28.8k - Tyre Point Ltd
£28.8k - Industry AVG
Efficiency
resulting in sales per employee of £38.2k, this is less efficient (£95.5k)
£38.2k - Tyre Point Ltd
£95.5k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is near the average (35 days)
30 days - Tyre Point Ltd
35 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tyre Point Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tyre Point Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tyre Point Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.2%, this is a lower level of debt than the average (75%)
11.2% - Tyre Point Ltd
75% - Industry AVG
TYRE POINT LTD financials
EXPORT
Tyre Point Ltd's latest turnover from June 2019 is estimated at £152.6 thousand and the company has net assets of £16 thousand. According to their latest financial statements, Tyre Point Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Turnover
152,609
54,223
57,574
19,461
Other Income Or Grants
Cost Of Sales
116,432
40,310
42,425
14,024
Gross Profit
36,177
13,913
15,149
5,437
Admin Expenses
42,894
3,577
6,967
-4,252
Operating Profit
-6,717
10,336
8,182
9,689
Interest Payable
27
26
Interest Receivable
5
3
2
Pre-Tax Profit
-6,744
10,315
8,185
9,691
Tax
-1,960
-1,555
-1,938
Profit After Tax
-6,744
8,355
6,630
7,753
Dividends Paid
Retained Profit
-6,744
8,355
6,630
7,753
Employee Costs
115,161
28,219
27,345
26,616
Number Of Employees
4
1
1
1
EBITDA*
-6,717
10,336
8,852
10,359
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Tangible Assets
5,420
2,010
2,010
2,680
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
5,420
2,010
2,010
2,680
Stock & work in progress
12,090
12,090
2,350
Trade Debtors
12,584
5,500
Group Debtors
Misc Debtors
1,594
1,594
Cash
1,825
835
misc current assets
9,907
total current assets
12,584
23,591
15,509
8,685
total assets
18,004
25,601
17,519
11,365
Bank overdraft
803
Bank loan
Trade Creditors
675
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,960
3,036
2,837
total current liabilities
2,763
3,036
3,512
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,010
provisions
total long term liabilities
2,010
total liabilities
2,010
2,763
3,036
3,512
net assets
15,994
22,838
14,483
7,853
total shareholders funds
15,994
22,838
14,483
7,853
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Operating Activities
Operating Profit
-6,717
10,336
8,182
9,689
Depreciation
670
670
Amortisation
Tax
-1,960
-1,555
-1,938
Stock
-12,090
9,740
2,350
Debtors
10,990
-3,906
5,500
Creditors
-675
675
Accruals and Deferred Income
-1,960
-1,076
199
2,837
Deferred Taxes & Provisions
Cash flow from operations
-7,577
7,300
987
4,083
Investing Activities
capital expenditure
-3,410
-3,350
Change in Investments
cash flow from investments
-3,410
-3,350
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
2,010
share issue
-100
100
interest
-27
-21
3
2
cash flow from financing
1,883
-21
3
102
cash and cash equivalents
cash
-1,825
990
835
overdraft
-803
803
change in cash
803
-2,628
990
835
tyre point ltd 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 tyre point ltd. Get real-time insights into tyre point ltd's credit score, group structure and payment trends.
Perform a competitor analysis for tyre point ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in B30 area or any other competitors across 12 key performance metrics.
tyre point ltd Ownership
TYRE POINT LTD group structure
Tyre Point Ltd has no subsidiary companies.
Ultimate parent company
TYRE POINT LTD
09658380
TYRE POINT LTD Shareholders
The sole shareholder of Tyre Point Ltd is Umar Hayat Khan.
umar hayat khan
100%
tyre point ltd directors
Tyre Point Ltd currently has 1 director, Miss Wioletta Chruslicka serving since Feb 2020.
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 tyre point ltd.
tyre point 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.
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tyre point ltdCompanies House Filings - See Documents
