tvk systems limited
tvk systems limited Company Information
Company Number
09937705
Website
-Registered Address
chiltern chambers, st. peters avenue, reading, berkshire, RG4 7DH
Industry
Other information technology and computer service activities
Telephone
-
Next Accounts Due
October 2025
Group Structure
View All
Directors
Vikrant Patel8 Years
Shareholders
bhamini patel 50%
vikrant patel 50%
tvk systems limited Estimated Valuation
Pomanda estimates the enterprise value of TVK SYSTEMS LIMITED at £112.8k based on a Turnover of £166.7k and 0.68x industry multiple (adjusted for size and gross margin).
tvk systems limited Estimated Valuation
Pomanda estimates the enterprise value of TVK SYSTEMS LIMITED at £0 based on an EBITDA of £-101 and a 4.72x industry multiple (adjusted for size and gross margin).
tvk systems limited Estimated Valuation
Pomanda estimates the enterprise value of TVK SYSTEMS LIMITED at £6.6k based on Net Assets of £2.9k and 2.3x industry multiple (adjusted for liquidity).
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Tvk Systems Limited Overview
Tvk Systems Limited is a live company located in reading, RG4 7DH with a Companies House number of 09937705. It operates in the other information technology service activities sector, SIC Code 62090. Founded in January 2016, it's largest shareholder is bhamini patel with a 50% stake. Tvk Systems Limited is a young, micro sized company, Pomanda has estimated its turnover at £166.7k with rapid growth in recent years.
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Tvk Systems Limited Health Check
Pomanda's financial health check has awarded Tvk Systems Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £166.7k, make it smaller than the average company (£6.2m)
- Tvk Systems Limited
£6.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (8.5%)
- Tvk Systems Limited
8.5% - Industry AVG
Production
with a gross margin of 48.7%, this company has a comparable cost of product (48.7%)
- Tvk Systems Limited
48.7% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (3.5%)
- Tvk Systems Limited
3.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (41)
1 - Tvk Systems Limited
41 - Industry AVG
Pay Structure
on an average salary of £69.1k, the company has an equivalent pay structure (£69.1k)
- Tvk Systems Limited
£69.1k - Industry AVG
Efficiency
resulting in sales per employee of £166.7k, this is equally as efficient (£166.7k)
- Tvk Systems Limited
£166.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tvk Systems Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Tvk Systems Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tvk Systems Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 718 weeks, this is more cash available to meet short term requirements (15 weeks)
718 weeks - Tvk Systems Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.5%, this is a higher level of debt than the average (62.6%)
74.5% - Tvk Systems Limited
62.6% - Industry AVG
TVK SYSTEMS LIMITED financials
Tvk Systems Limited's latest turnover from January 2024 is estimated at £166.7 thousand and the company has net assets of £2.9 thousand. According to their latest financial statements, Tvk Systems Limited has 1 employee and maintains cash reserves of £9.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 146 | 492 | 403 | 0 |
| Intangible Assets | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 146 | 492 | 403 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 1,127 | 11,120 | 17,670 | 14,740 | 13,420 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,082 | 1,910 | 1,910 | 1,943 | 755 | 0 | 0 | 0 |
| Cash | 9,198 | 13,239 | 15,217 | 18,924 | 4,488 | 11,546 | 10,564 | 17,377 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,280 | 15,149 | 17,127 | 21,994 | 16,363 | 29,216 | 25,304 | 30,797 |
| total assets | 11,280 | 15,149 | 17,127 | 21,994 | 16,509 | 29,708 | 25,707 | 30,797 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 210 | 0 | 0 |
| Group/Directors Accounts | 72 | 72 | 72 | 72 | 72 | 48 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 594 | 948 | 775 | 1,500 | 16,300 | 29,309 | 25,347 | 22,978 |
| total current liabilities | 666 | 1,020 | 847 | 1,572 | 16,372 | 29,519 | 25,347 | 22,978 |
| loans | 7,734 | 10,695 | 13,583 | 15,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 28 | 98 | 81 | 0 |
| total long term liabilities | 7,734 | 10,695 | 13,583 | 15,000 | 28 | 98 | 81 | 0 |
| total liabilities | 8,400 | 11,715 | 14,430 | 16,572 | 16,400 | 29,617 | 25,428 | 22,978 |
| net assets | 2,880 | 3,434 | 2,697 | 5,422 | 109 | 91 | 279 | 7,819 |
| total shareholders funds | 2,880 | 3,434 | 2,697 | 5,422 | 109 | 91 | 279 | 7,819 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 146 | 346 | 340 | 199 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 172 | 0 | -1,160 | -8,805 | -5,795 | 2,930 | 1,320 | 13,420 |
| Creditors | 0 | 0 | 0 | 0 | -210 | 210 | 0 | 0 |
| Accruals and Deferred Income | -354 | 173 | -725 | -14,800 | -13,009 | 3,962 | 2,369 | 22,978 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -28 | -70 | 17 | 81 | 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 | 24 | 48 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -2,961 | -2,888 | -1,417 | 15,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -4,041 | -1,978 | -3,707 | 14,436 | -7,058 | 982 | -6,813 | 17,377 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,041 | -1,978 | -3,707 | 14,436 | -7,058 | 982 | -6,813 | 17,377 |
tvk systems limited Credit Report and Business Information
Tvk Systems Limited Competitor Analysis
Perform a competitor analysis for tvk systems limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in RG4 area or any other competitors across 12 key performance metrics.
tvk systems limited Ownership
TVK SYSTEMS LIMITED group structure
Tvk Systems Limited has no subsidiary companies.
Ultimate parent company
TVK SYSTEMS LIMITED
09937705
tvk systems limited directors
Tvk Systems Limited currently has 1 director, Mr Vikrant Patel serving since Feb 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Vikrant Patel | England | 57 years | Feb 2016 | - | Director |
P&L
January 2024turnover
166.7k
+3%
operating profit
-101.3
0%
gross margin
48.7%
-5.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
2.9k
-0.16%
total assets
11.3k
-0.26%
cash
9.2k
-0.31%
net assets
Total assets minus all liabilities
Similar Companies
tvk systems limited company details
company number
09937705
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
January 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
nextron systems limited (May 2016)
accountant
ASSETS LIMITED
auditor
-
address
chiltern chambers, st. peters avenue, reading, berkshire, RG4 7DH
Bank
-
Legal Advisor
-
tvk systems 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 tvk systems limited.
tvk systems limited Companies House Filings - See Documents
| date | description | view/download |
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