Pomanda estimates the enterprise value of TIC DEVELOPMENTS LTD at £937.4k based on a Turnover of £331.3k and 2.83x industry multiple (adjusted for size and gross margin).
tic developments ltdEstimated Valuation
£9.8k
Pomanda estimates the enterprise value of TIC DEVELOPMENTS LTD at £9.8k based on an EBITDA of £1.6k and a 6.09x industry multiple (adjusted for size and gross margin).
tic developments ltdEstimated Valuation
£292k
Pomanda estimates the enterprise value of TIC DEVELOPMENTS LTD at £292k based on Net Assets of £193.1k and 1.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tic Developments LtdOverview
Tic Developments Ltd is a live company located in cardiff, CF14 5GF with a Companies House number of 10014054. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2016, it's largest shareholder is
gianluigi fecci
with a 50% stake. Tic Developments Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£331.3k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Tic Developments Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
3 Regular
6 Weak
Size
annual sales of £331.3k, make it smaller than the average company (£790k)
£331.3k - Tic Developments Ltd
£790k - Industry AVG
Growth
3 year (CAGR) sales growth of 108%, show it is growing at a faster rate (3%)
108% - Tic Developments Ltd
3% - Industry AVG
Production
with a gross margin of 70%, this company has a comparable cost of product (70%)
70% - Tic Developments Ltd
70% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (24.7%)
0.5% - Tic Developments Ltd
24.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Tic Developments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £37.8k, the company has an equivalent pay structure (£37.8k)
£37.8k - Tic Developments Ltd
£37.8k - Industry AVG
Efficiency
resulting in sales per employee of £165.6k, this is equally as efficient (£188.3k)
£165.6k - Tic Developments Ltd
£188.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Tic Developments Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (30 days)
0 days - Tic Developments Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 9795 days, this is more than average (396 days)
9795 days - Tic Developments Ltd
396 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 10 weeks, this is more cash available to meet short term requirements (8 weeks)
10 weeks - Tic Developments Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.8%, this is a higher level of debt than the average (64.8%)
92.8% - Tic Developments Ltd
64.8% - Industry AVG
TIC DEVELOPMENTS LTD financials
EXPORT
Tic Developments Ltd's latest turnover from February 2024 is estimated at £331.3 thousand and the company has net assets of £193.1 thousand. According to their latest financial statements, Tic Developments Ltd has 2 employees and maintains cash reserves of £12.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Turnover
331,256
302,388
216,346
36,730
54,404
104,346
67,705
29,412
Other Income Or Grants
Cost Of Sales
99,452
92,890
69,472
10,753
16,508
31,943
21,698
9,802
Gross Profit
231,804
209,498
146,875
25,977
37,896
72,403
46,007
19,610
Admin Expenses
230,202
192,918
90,725
-25,095
50,151
-72,049
50,594
23,255
Operating Profit
1,602
16,580
56,150
51,072
-12,255
144,452
-4,587
-3,645
Interest Payable
3,094
3,750
3,006
2,009
535
Interest Receivable
513
3,124
422
10
872
886
105
48
Pre-Tax Profit
-978
15,954
53,565
49,073
-11,918
145,338
-4,482
-3,597
Tax
-3,031
-10,177
-9,324
-27,614
Profit After Tax
-978
12,923
43,388
39,749
-11,918
117,724
-4,482
-3,597
Dividends Paid
Retained Profit
-978
12,923
43,388
39,749
-11,918
117,724
-4,482
-3,597
Employee Costs
75,600
72,572
72,569
35,397
39,930
39,119
35,390
36,969
Number Of Employees
2
2
2
1
1
1
1
1
EBITDA*
1,602
16,580
56,150
51,072
-12,255
144,452
-4,587
-3,645
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Tangible Assets
288,376
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
288,376
Stock & work in progress
2,668,892
2,466,642
1,104,223
472,346
558,625
398,783
Trade Debtors
Group Debtors
Misc Debtors
6,534
1,220
3,988
6,732
217
114
8,554
Cash
12,111
7,440
148,754
19,875
232,538
3,833
38,121
misc current assets
total current assets
2,681,003
2,480,616
1,254,197
496,209
565,357
232,755
402,730
46,675
total assets
2,681,003
2,480,616
1,254,197
496,209
565,357
232,755
402,730
335,051
Bank overdraft
10,000
10,000
10,000
7,500
15,860
Bank loan
Trade Creditors
34
1,956
2,578
2,408
11,220
33,963
9,039
Group/Directors Accounts
28,211
28,490
23,537
40,365
40,803
59,700
89,700
139,309
other short term finances
hp & lease commitments
other current liabilities
23,944
15,381
17,217
265,660
399,447
29,147
320,809
190,000
total current liabilities
62,189
55,827
53,332
315,933
467,330
122,810
410,509
338,348
loans
12,500
22,497
32,496
42,500
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,413,205
2,208,205
987,205
provisions
total long term liabilities
2,425,705
2,230,702
1,019,701
42,500
total liabilities
2,487,894
2,286,529
1,073,033
358,433
467,330
122,810
410,509
338,348
net assets
193,109
194,087
181,164
137,776
98,027
109,945
-7,779
-3,297
total shareholders funds
193,109
194,087
181,164
137,776
98,027
109,945
-7,779
-3,297
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Operating Activities
Operating Profit
1,602
16,580
56,150
51,072
-12,255
144,452
-4,587
-3,645
Depreciation
Amortisation
Tax
-3,031
-10,177
-9,324
-27,614
Stock
202,250
1,362,419
631,877
-86,279
558,625
-398,783
398,783
Debtors
-6,534
5,314
-2,768
-2,744
6,515
103
-8,440
8,554
Creditors
-1,922
-622
170
-8,812
-22,743
33,963
-9,039
9,039
Accruals and Deferred Income
8,563
-1,836
-248,443
-133,787
370,300
-291,662
130,809
190,000
Deferred Taxes & Provisions
Cash flow from operations
-187,473
-1,356,642
-831,409
-11,828
-229,838
257,819
-273,160
186,840
Investing Activities
capital expenditure
288,376
-288,376
Change in Investments
cash flow from investments
288,376
-288,376
Financing Activities
Bank loans
Group/Directors Accounts
-279
4,953
-16,828
-438
-18,897
-30,000
-49,609
139,309
Other Short Term Loans
Long term loans
-9,997
-9,999
-10,004
42,500
Hire Purchase and Lease Commitments
other long term liabilities
205,000
1,221,000
987,205
share issue
300
interest
-2,581
-626
-2,584
-1,999
337
886
105
48
cash flow from financing
192,143
1,215,328
957,789
40,063
-18,560
-29,114
-49,504
139,657
cash and cash equivalents
cash
4,671
-141,314
128,879
19,875
-232,538
228,705
-34,288
38,121
overdraft
2,500
-8,360
15,860
change in cash
4,671
-141,314
126,379
28,235
-248,398
228,705
-34,288
38,121
tic developments 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 tic developments ltd. Get real-time insights into tic developments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for tic developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CF14 area or any other competitors across 12 key performance metrics.
The largest shareholders in Tic Developments Ltd include Gianluigi Fecci and Emanuela Whitcomb.
gianluigi fecci
50%
emanuela whitcomb
50%
tic developments ltd directors
Tic Developments Ltd currently has 2 directors.
The longest serving directors include
Mr Gianluigi Fecci (Feb 2016) and
Mrs Emanuela Whitcomb (Feb 2016).
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 tic developments ltd.
tic developments 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 TIC DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
tic developments ltdCompanies House Filings - See Documents
