tmei limited

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tmei limited Company Information

Share TMEI LIMITED

Company Number

09812204

Directors

Stuart Timmis

Shareholders

stuart timmis

Group Structure

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Industry

Manufacture of household textiles (other than soft furnishings of 13.92/1)

 +1

Registered Address

44 ashcombe gardens, weston-super-mare, avon, BS23 2XD

tmei limited Estimated Valuation

£8

Pomanda estimates the enterprise value of TMEI LIMITED at £8 based on a Turnover of £5 and 1.52x industry multiple (adjusted for size and gross margin).

tmei limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TMEI LIMITED at £0 based on an EBITDA of £0 and a 4.11x industry multiple (adjusted for size and gross margin).

tmei limited Estimated Valuation

£1

Pomanda estimates the enterprise value of TMEI LIMITED at £1 based on Net Assets of £1 and 1.61x industry multiple (adjusted for liquidity).

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Tmei Limited Overview

Tmei Limited is a live company located in avon, BS23 2XD with a Companies House number of 09812204. It operates in the manufacture of household textiles sector, SIC Code 13923. Founded in October 2015, it's largest shareholder is stuart timmis with a 100% stake. Tmei Limited is a established, micro sized company, Pomanda has estimated its turnover at £5.4 with declining growth in recent years.

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Tmei Limited Health Check

Pomanda's financial health check has awarded Tmei Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £5.4, make it smaller than the average company (£3.1m)

£5.4 - Tmei Limited

£3.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.1%)

-2% - Tmei Limited

2.1% - Industry AVG

production

Production

with a gross margin of 28.7%, this company has a higher cost of product (51.5%)

28.7% - Tmei Limited

51.5% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Tmei Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (20)

1 - Tmei Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)

£41.5k - Tmei Limited

£41.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £5.4, this is less efficient (£210.2k)

£5.4 - Tmei Limited

£210.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is later than average (42 days)

67 days - Tmei Limited

42 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Tmei Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tmei Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Tmei Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Tmei Limited

- - Industry AVG

TMEI LIMITED financials

EXPORTms excel logo

Tmei Limited's latest turnover from October 2023 is estimated at £5 and the company has net assets of £1. According to their latest financial statements, we estimate that Tmei Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Turnover5565
Other Income Or Grants
Cost Of Sales4444
Gross Profit2221
Admin Expenses2112
Operating Profit1-11
Interest Payable
Interest Receivable
Pre-Tax Profit1-11
Tax
Profit After Tax1-11
Dividends Paid
Retained Profit1-11
Employee Costs41,51943,93029,87929,542
Number Of Employees1111
EBITDA*1-11

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors1111
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets1111
total assets1111
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
net assets1111
total shareholders funds1111
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Operating Activities
Operating Profit1-11
Depreciation
Amortisation
Tax
Stock
Debtors1-11
Creditors
Accruals and Deferred Income
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
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

tmei limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Tmei Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for tmei limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in BS23 area or any other competitors across 12 key performance metrics.

tmei limited Ownership

TMEI LIMITED group structure

Tmei Limited has no subsidiary companies.

Ultimate parent company

TMEI LIMITED

09812204

TMEI LIMITED Shareholders

stuart timmis 100%

tmei limited directors

Tmei Limited currently has 1 director, Mr Stuart Timmis serving since Oct 2015.

officercountryagestartendrole
Mr Stuart TimmisEngland52 years Oct 2015- Director

P&L

October 2023

turnover

5.4

+3%

operating profit

0

0%

gross margin

28.8%

-0.11%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2023

net assets

1

0%

total assets

1

0%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

tmei limited company details

company number

09812204

Type

Private limited with Share Capital

industry

13923 - Manufacture of household textiles (other than soft furnishings of 13.92/1)

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

October 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

44 ashcombe gardens, weston-super-mare, avon, BS23 2XD

Bank

-

Legal Advisor

-

tmei 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 tmei limited.

tmei 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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tmei limited Companies House Filings - See Documents

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