tart ltd
tart ltd Company Information
Company Number
10034016
Website
www.tartlondon.comRegistered Address
fox cottage, whitebeams, pett bottom, canterbury, CT4 6EH
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Management of real estate on a fee or contract basis
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Directors
Adam, Westwood8 Years
Shareholders
adam westwood 92.4%
lesley westwood 7.6%
View Alltart ltd Estimated Valuation
Pomanda estimates the enterprise value of TART LTD at £305.4k based on a Turnover of £192.3k and 1.59x industry multiple (adjusted for size and gross margin).
tart ltd Estimated Valuation
Pomanda estimates the enterprise value of TART LTD at £119.5k based on an EBITDA of £20.8k and a 5.76x industry multiple (adjusted for size and gross margin).
tart ltd Estimated Valuation
Pomanda estimates the enterprise value of TART LTD at £9k based on Net Assets of £4.4k and 2.07x industry multiple (adjusted for liquidity).
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Tart Ltd Overview
Tart Ltd is a live company located in canterbury, CT4 6EH with a Companies House number of 10034016. It operates in the agents involved in the sale of a variety of goods sector, SIC Code 46190. Founded in March 2016, it's largest shareholder is adam westwood with a 92.4% stake. Tart Ltd is a young, micro sized company, Pomanda has estimated its turnover at £192.3k with healthy growth in recent years.
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Tart Ltd Health Check
Pomanda's financial health check has awarded Tart Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
4 Regular
5 Weak
Size
annual sales of £192.3k, make it smaller than the average company (£6.7m)
- Tart Ltd
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (8.1%)
- Tart Ltd
8.1% - Industry AVG
Production
with a gross margin of 45.1%, this company has a comparable cost of product (45.1%)
- Tart Ltd
45.1% - Industry AVG
Profitability
an operating margin of 10.8% make it as profitable than the average company (13.3%)
- Tart Ltd
13.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (36)
1 - Tart Ltd
36 - Industry AVG
Pay Structure
on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)
- Tart Ltd
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £192.3k, this is equally as efficient (£192.3k)
- Tart Ltd
£192.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tart Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Tart Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tart Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - Tart Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.5%, this is a higher level of debt than the average (62.1%)
98.5% - Tart Ltd
62.1% - Industry AVG
TART LTD financials
Tart Ltd's latest turnover from March 2024 is estimated at £192.3 thousand and the company has net assets of £4.4 thousand. According to their latest financial statements, Tart Ltd has 1 employee and maintains cash reserves of £1.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 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 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 287,363 | 287,363 | 287,363 | 288,795 | 294,523 | 294,523 | 287,418 | 270,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 287,363 | 287,363 | 287,363 | 288,795 | 294,523 | 294,523 | 287,419 | 270,001 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 2,631 | 2,760 | 409 | 1,940 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,500 | 1,500 | 1,500 | 1,500 | 8,025 | 8,025 | 0 | 0 |
| Cash | 1,784 | 730 | 1,895 | 554 | 335 | 0 | 0 | 0 |
| misc current assets | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,285 | 2,230 | 3,395 | 2,054 | 10,991 | 10,785 | 409 | 1,940 |
| total assets | 290,648 | 289,593 | 290,758 | 290,849 | 305,514 | 305,308 | 287,828 | 271,941 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 8,254 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 17,390 | 191,012 |
| Group/Directors Accounts | 104,415 | 90,268 | 82,368 | 74,668 | 75,966 | 0 | 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 | 0 | 0 | 300 | 300 | 3,490 | 65,892 | 0 | 0 |
| total current liabilities | 104,415 | 90,268 | 82,668 | 74,968 | 79,456 | 74,146 | 17,390 | 191,012 |
| loans | 181,868 | 195,036 | 204,027 | 212,146 | 217,081 | 193,843 | 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 | 251,766 | 87,208 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 181,868 | 195,036 | 204,027 | 212,146 | 217,081 | 193,843 | 251,766 | 87,208 |
| total liabilities | 286,283 | 285,304 | 286,695 | 287,114 | 296,537 | 267,989 | 269,156 | 278,220 |
| net assets | 4,365 | 4,289 | 4,063 | 3,735 | 8,977 | 37,319 | 18,672 | -6,279 |
| total shareholders funds | 4,365 | 4,289 | 4,063 | 3,735 | 8,977 | 37,319 | 18,672 | -6,279 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 1,432 | 1,432 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | -9,156 | -129 | 10,376 | -1,531 | 1,940 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -17,390 | -173,622 | 191,012 |
| Accruals and Deferred Income | 0 | -300 | 0 | -3,190 | -62,402 | 65,892 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 1 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 14,147 | 7,900 | 7,700 | -1,298 | 75,966 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -13,168 | -8,991 | -8,119 | -4,935 | 23,238 | 193,843 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -251,766 | 164,558 | 87,208 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 1,054 | -1,165 | 1,341 | 219 | 335 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | -8,254 | 8,254 | 0 | 0 |
| change in cash | 1,054 | -1,165 | 1,341 | 219 | 8,589 | -8,254 | 0 | 0 |
tart ltd Credit Report and Business Information
Tart Ltd Competitor Analysis
Perform a competitor analysis for tart 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 CT4 area or any other competitors across 12 key performance metrics.
tart ltd Ownership
TART LTD group structure
Tart Ltd has no subsidiary companies.
Ultimate parent company
TART LTD
10034016
tart ltd directors
Tart Ltd currently has 1 director, Mr Adam, Westwood serving since Mar 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam, Westwood | United Kingdom | 44 years | Mar 2016 | - | Director |
P&L
March 2024turnover
192.3k
+2%
operating profit
20.8k
0%
gross margin
45.1%
+2.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
4.4k
+0.02%
total assets
290.6k
0%
cash
1.8k
+1.44%
net assets
Total assets minus all liabilities
tart ltd company details
company number
10034016
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68320 - Management of real estate on a fee or contract basis
46190 - Agents involved in the sale of a variety of goods
incorporation date
March 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
BERESFORDS
auditor
-
address
fox cottage, whitebeams, pett bottom, canterbury, CT4 6EH
Bank
-
Legal Advisor
-
tart 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 did not find charges/mortgages relating to tart ltd.
tart ltd Companies House Filings - See Documents
| date | description | view/download |
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