tungsten training centre ltd
tungsten training centre ltd Company Information
Company Number
10002824
Next Accounts
923 days late
Directors
Shareholders
darren barlow
barry hall
View AllGroup Structure
View All
Industry
Cultural education
+1Registered Address
unit 7 tungsten building, george street, brighton, BN41 1RA
Website
www.ttcsussex.co.uktungsten training centre ltd Estimated Valuation
Pomanda estimates the enterprise value of TUNGSTEN TRAINING CENTRE LTD at £581k based on a Turnover of £1.2m and 0.49x industry multiple (adjusted for size and gross margin).
tungsten training centre ltd Estimated Valuation
Pomanda estimates the enterprise value of TUNGSTEN TRAINING CENTRE LTD at £0 based on an EBITDA of £-128.5k and a 2.88x industry multiple (adjusted for size and gross margin).
tungsten training centre ltd Estimated Valuation
Pomanda estimates the enterprise value of TUNGSTEN TRAINING CENTRE LTD at £0 based on Net Assets of £-678.8k and 2.46x industry multiple (adjusted for liquidity).
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Tungsten Training Centre Ltd Overview
Tungsten Training Centre Ltd is a live company located in brighton, BN41 1RA with a Companies House number of 10002824. It operates in the cultural education sector, SIC Code 85520. Founded in February 2016, it's largest shareholder is darren barlow with a 50.4% stake. Tungsten Training Centre Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.2m with low growth in recent years.
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Tungsten Training Centre Ltd Health Check
Pomanda's financial health check has awarded Tungsten Training Centre Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.2m, make it larger than the average company (£363k)
- Tungsten Training Centre Ltd
£363k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (3.8%)
- Tungsten Training Centre Ltd
3.8% - Industry AVG
Production
with a gross margin of 22.4%, this company has a higher cost of product (48.2%)
- Tungsten Training Centre Ltd
48.2% - Industry AVG
Profitability
an operating margin of -10.9% make it less profitable than the average company (3.6%)
- Tungsten Training Centre Ltd
3.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (9)
4 - Tungsten Training Centre Ltd
9 - Industry AVG
Pay Structure
on an average salary of £24.4k, the company has an equivalent pay structure (£24.4k)
- Tungsten Training Centre Ltd
£24.4k - Industry AVG
Efficiency
resulting in sales per employee of £295.1k, this is more efficient (£51.8k)
- Tungsten Training Centre Ltd
£51.8k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (13 days)
- Tungsten Training Centre Ltd
13 days - Industry AVG
Creditor Days
its suppliers are paid after 363 days, this is slower than average (22 days)
- Tungsten Training Centre Ltd
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tungsten Training Centre Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tungsten Training Centre Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 389.9%, this is a higher level of debt than the average (22.2%)
389.9% - Tungsten Training Centre Ltd
22.2% - Industry AVG
TUNGSTEN TRAINING CENTRE LTD financials
Tungsten Training Centre Ltd's latest turnover from December 2020 is estimated at £1.2 million and the company has net assets of -£678.8 thousand. According to their latest financial statements, Tungsten Training Centre Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 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 | 4 | 4 | 4 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|
| Tangible Assets | 44,376 | 44,228 | 50,579 | 56,931 | 30,185 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 44,376 | 44,228 | 50,579 | 56,931 | 30,185 |
| Stock & work in progress | |||||
| Trade Debtors | 189,805 | 158,806 | 183,687 | 125,469 | 33,894 |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | |||||
| misc current assets | |||||
| total current assets | 189,805 | 158,806 | 183,687 | 125,469 | 33,894 |
| total assets | 234,181 | 203,034 | 234,266 | 182,400 | 64,079 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 912,998 | 753,393 | 559,297 | 318,358 | 99,085 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 912,998 | 753,393 | 559,297 | 318,358 | 99,085 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 912,998 | 753,393 | 559,297 | 318,358 | 99,085 |
| net assets | -678,817 | -550,359 | -325,031 | -135,958 | -35,006 |
| total shareholders funds | -678,817 | -550,359 | -325,031 | -135,958 | -35,006 |
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 30,999 | -24,881 | 58,218 | 91,575 | 33,894 |
| Creditors | 159,605 | 194,096 | 240,939 | 219,273 | 99,085 |
| 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 |
tungsten training centre ltd Credit Report and Business Information
Tungsten Training Centre Ltd Competitor Analysis
Perform a competitor analysis for tungsten training centre ltd by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in BN41 area or any other competitors across 12 key performance metrics.
tungsten training centre ltd Ownership
TUNGSTEN TRAINING CENTRE LTD group structure
Tungsten Training Centre Ltd has no subsidiary companies.
Ultimate parent company
TUNGSTEN TRAINING CENTRE LTD
10002824
tungsten training centre ltd directors
Tungsten Training Centre Ltd currently has 1 director, Mr Darren Barlow serving since Feb 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darren Barlow | United Kingdom | 60 years | Feb 2020 | - | Director |
P&L
December 2020turnover
1.2m
+27%
operating profit
-128.5k
0%
gross margin
22.4%
-10.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
-678.8k
+0.23%
total assets
234.2k
+0.15%
cash
0
0%
net assets
Total assets minus all liabilities
tungsten training centre ltd company details
company number
10002824
Type
Private limited with Share Capital
industry
85520 - Cultural education
85590 - Other education n.e.c.
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2020
previous names
N/A
accountant
-
auditor
-
address
unit 7 tungsten building, george street, brighton, BN41 1RA
Bank
-
Legal Advisor
-
tungsten training centre ltd 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 tungsten training centre ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
tungsten training centre 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.
Click to start generating capital raising & share issue transactions for TUNGSTEN TRAINING CENTRE LTD. This can take several minutes, an email will notify you when this has completed.
tungsten training centre ltd Companies House Filings - See Documents
| date | description | view/download |
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