Pomanda estimates the enterprise value of TAP 'N' SHOWER UK LIMITED at £742.4k based on a Turnover of £1.8m and 0.42x industry multiple (adjusted for size and gross margin).
tap 'n' shower uk limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TAP 'N' SHOWER UK LIMITED at £0 based on an EBITDA of £-151.5k and a 3.67x industry multiple (adjusted for size and gross margin).
tap 'n' shower uk limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TAP 'N' SHOWER UK LIMITED at £0 based on Net Assets of £-330.4k and 2.2x industry multiple (adjusted for liquidity).
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Tap 'n' Shower Uk LimitedOverview
Tap 'n' Shower Uk Limited is a live company located in leicester, LE19 1RJ with a Companies House number of 10113299. It operates in the wholesale of hardware, plumbing and heating equipment and supplies sector, SIC Code 46740. Founded in April 2016, it's largest shareholder is
hac pipeline supplies ltd
with a 40% stake. Tap 'n' Shower Uk Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.8m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Tap 'N' Shower Uk Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£17.8m)
£1.8m - Tap 'n' Shower Uk Limited
£17.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (6.1%)
35% - Tap 'n' Shower Uk Limited
6.1% - Industry AVG
Production
with a gross margin of 27.1%, this company has a comparable cost of product (27.1%)
27.1% - Tap 'n' Shower Uk Limited
27.1% - Industry AVG
Profitability
an operating margin of -8.9% make it less profitable than the average company (6.8%)
-8.9% - Tap 'n' Shower Uk Limited
6.8% - Industry AVG
Employees
with 4 employees, this is below the industry average (59)
4 - Tap 'n' Shower Uk Limited
59 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)
£41.1k - Tap 'n' Shower Uk Limited
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £442.6k, this is more efficient (£337.5k)
£442.6k - Tap 'n' Shower Uk Limited
£337.5k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (56 days)
16 days - Tap 'n' Shower Uk Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 239 days, this is slower than average (44 days)
239 days - Tap 'n' Shower Uk Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 98 days, this is in line with average (99 days)
98 days - Tap 'n' Shower Uk Limited
99 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Tap 'n' Shower Uk Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 134.2%, this is a higher level of debt than the average (48.6%)
134.2% - Tap 'n' Shower Uk Limited
48.6% - Industry AVG
TAP 'N' SHOWER UK LIMITED financials
EXPORT
Tap 'N' Shower Uk Limited's latest turnover from April 2023 is estimated at £1.8 million and the company has net assets of -£330.4 thousand. According to their latest financial statements, Tap 'N' Shower Uk Limited has 4 employees and maintains cash reserves of £7.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Turnover
1,770,405
1,212,992
904,731
720,613
1,520,106
590,843
27,030
Other Income Or Grants
Cost Of Sales
1,290,762
889,360
674,054
529,725
1,108,264
431,563
19,553
Gross Profit
479,643
323,633
230,678
190,888
411,842
159,280
7,476
Admin Expenses
638,143
495,825
204,475
204,038
426,830
137,653
7,872
Operating Profit
-158,500
-172,192
26,203
-13,150
-14,988
21,627
-396
Interest Payable
5,445
3,451
1,581
22
Interest Receivable
178
5
4
4
Pre-Tax Profit
-163,767
-175,638
24,626
-13,169
-14,988
21,627
-396
Tax
-4,679
-4,109
Profit After Tax
-163,767
-175,638
19,947
-13,169
-14,988
17,518
-396
Dividends Paid
Retained Profit
-163,767
-175,638
19,947
-13,169
-14,988
17,518
-396
Employee Costs
164,588
158,605
140,436
103,470
216,556
108,502
34,227
Number Of Employees
4
4
4
3
6
3
1
EBITDA*
-151,547
-168,695
54,147
8,013
-14,988
21,627
-396
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Tangible Assets
24,316
15,282
18,779
14,378
95,000
28,563
4,854
Intangible Assets
371,004
252,793
190,226
164,394
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
395,320
268,075
209,005
178,772
95,000
28,563
4,854
Stock & work in progress
349,750
347,072
338,072
264,515
Trade Debtors
82,055
20,331
12,064
10,557
230,382
101,967
Group Debtors
Misc Debtors
131,582
112,856
105,916
103,055
Cash
7,775
622
750
7,616
misc current assets
3,800
total current assets
571,162
480,881
456,802
385,743
234,182
101,967
total assets
966,482
748,956
665,807
564,515
329,182
130,530
4,854
Bank overdraft
16,850
7,296
9,435
735
Bank loan
Trade Creditors
846,789
509,300
308,472
262,457
324,548
112,708
4,900
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
124,008
58,173
94,988
88,656
total current liabilities
987,647
574,769
412,895
351,848
324,548
112,708
4,900
loans
38,260
43,846
41,667
hp & lease commitments
Accruals and Deferred Income
2,500
700
350
other liabilities
270,968
296,967
202,233
223,602
provisions
total long term liabilities
309,228
340,813
243,900
223,602
2,500
700
350
total liabilities
1,296,875
915,582
656,795
575,450
327,048
113,408
5,250
net assets
-330,393
-166,626
9,012
-10,935
2,134
17,122
-396
total shareholders funds
-330,393
-166,626
9,012
-10,935
2,134
17,122
-396
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Operating Activities
Operating Profit
-158,500
-172,192
26,203
-13,150
-14,988
21,627
-396
Depreciation
6,953
3,497
3,568
1,808
Amortisation
24,376
19,355
Tax
-4,679
-4,109
Stock
2,678
9,000
73,557
264,515
Debtors
80,450
15,207
4,368
-116,770
128,415
101,967
Creditors
337,489
200,828
46,015
-62,091
211,840
107,808
4,900
Accruals and Deferred Income
65,835
-36,815
6,332
86,156
1,800
350
350
Deferred Taxes & Provisions
Cash flow from operations
168,649
-28,889
23,890
-115,667
70,237
23,709
4,854
Investing Activities
capital expenditure
-134,198
-62,567
-58,177
-104,935
-66,437
-23,709
-4,854
Change in Investments
cash flow from investments
-134,198
-62,567
-58,177
-104,935
-66,437
-23,709
-4,854
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-5,586
2,179
41,667
Hire Purchase and Lease Commitments
other long term liabilities
-25,999
94,734
-21,369
223,602
share issue
100
interest
-5,267
-3,446
-1,577
-18
cash flow from financing
-36,852
93,467
18,721
223,684
cash and cash equivalents
cash
7,153
-128
-6,866
7,616
overdraft
9,554
-2,139
8,700
735
change in cash
-2,401
2,011
-15,566
6,881
tap 'n' shower uk limited 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 tap 'n' shower uk limited. Get real-time insights into tap 'n' shower uk limited's credit score, group structure and payment trends.
Perform a competitor analysis for tap 'n' shower uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in LE19 area or any other competitors across 12 key performance metrics.
tap 'n' shower uk limited Ownership
TAP 'N' SHOWER UK LIMITED group structure
Tap 'N' Shower Uk Limited has no subsidiary companies.
Ultimate parent company
TAP 'N' SHOWER UK LIMITED
10113299
TAP 'N' SHOWER UK LIMITED Shareholders
The largest shareholders in Tap 'N' Shower Uk Limited include Hac Pipeline Supplies Ltd and Empire Housing Solutions Ltd.
hac pipeline supplies ltd
40%
empire housing solutions ltd
35%
lewis john sergent
25%
tap 'n' shower uk limited directors
Tap 'N' Shower Uk Limited currently has 2 directors.
The longest serving directors include
Mr Lewis Sergent (Apr 2016) and
Mr Adam Sergent (Apr 2016).
46740 - Wholesale of hardware, plumbing and heating equipment and supplies
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
2 merus court, meridian business park, leicester, LE19 1RJ
Bank
-
Legal Advisor
-
tap 'n' shower uk 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 tap 'n' shower uk limited.
tap 'n' shower uk 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.
Click to start generating capital raising & share issue transactions for TAP 'N' SHOWER UK LIMITED. This can take several minutes, an email will notify you when this has completed.
tap 'n' shower uk limitedCompanies House Filings - See Documents
