tango homes ltd

tango homes ltd Company Information

Share TANGO HOMES LTD
Live 
YoungMicroDeclining

Company Number

10467216

Industry

Management of real estate on a fee or contract basis

 

Shareholders

reflections property ltd

kingsnorth property limited

Group Structure

View All

Contact

Registered Address

58 green dragon lane, london, N21 2LH

Website

-

tango homes ltd Estimated Valuation

£182.6k

Pomanda estimates the enterprise value of TANGO HOMES LTD at £182.6k based on a Turnover of £139.2k and 1.31x industry multiple (adjusted for size and gross margin).

tango homes ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of TANGO HOMES LTD at £0 based on an EBITDA of £-3.1k and a 4.59x industry multiple (adjusted for size and gross margin).

tango homes ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of TANGO HOMES LTD at £0 based on Net Assets of £-61.1k and 1.62x industry multiple (adjusted for liquidity).

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Tango Homes Ltd Overview

Tango Homes Ltd is a live company located in london, N21 2LH with a Companies House number of 10467216. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in November 2016, it's largest shareholder is reflections property ltd with a 50% stake. Tango Homes Ltd is a young, micro sized company, Pomanda has estimated its turnover at £139.2k with declining growth in recent years.

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Tango Homes Ltd Health Check

Pomanda's financial health check has awarded Tango Homes Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £139.2k, make it smaller than the average company (£1.1m)

£139.2k - Tango Homes Ltd

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.5%)

-11% - Tango Homes Ltd

4.5% - Industry AVG

production

Production

with a gross margin of 13.1%, this company has a higher cost of product (45.5%)

13.1% - Tango Homes Ltd

45.5% - Industry AVG

profitability

Profitability

an operating margin of -2.2% make it less profitable than the average company (8%)

-2.2% - Tango Homes Ltd

8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (10)

1 - Tango Homes Ltd

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.4k, the company has an equivalent pay structure (£42.4k)

£42.4k - Tango Homes Ltd

£42.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £139.2k, this is more efficient (£104.8k)

£139.2k - Tango Homes Ltd

£104.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 77 days, this is later than average (33 days)

77 days - Tango Homes Ltd

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 193 days, this is slower than average (30 days)

193 days - Tango Homes Ltd

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tango Homes Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Tango Homes Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 306.7%, this is a higher level of debt than the average (80.1%)

306.7% - Tango Homes Ltd

80.1% - Industry AVG

TANGO HOMES LTD financials

EXPORTms excel logo

Tango Homes Ltd's latest turnover from November 2023 is estimated at £139.2 thousand and the company has net assets of -£61.1 thousand. According to their latest financial statements, we estimate that Tango Homes Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017
Turnover139,229126,985172,762199,286119,54187,09051,133
Other Income Or Grants0000000
Cost Of Sales121,062111,599156,835179,357105,72875,86544,290
Gross Profit18,16715,38615,92719,92913,81211,2266,843
Admin Expenses21,30520,28221,59033,6911,62126,40635,216
Operating Profit-3,138-4,896-5,663-13,76212,191-15,180-28,373
Interest Payable0000000
Interest Receivable0000000
Pre-Tax Profit-3,138-4,896-5,663-13,76212,191-15,180-28,373
Tax0000-2,31600
Profit After Tax-3,138-4,896-5,663-13,7629,875-15,180-28,373
Dividends Paid0000000
Retained Profit-3,138-4,896-5,663-13,7629,875-15,180-28,373
Employee Costs42,40540,39838,51236,49335,46234,73233,558
Number Of Employees1111111
EBITDA*-3,138-4,896-5,663-13,76212,191-15,180-28,373

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017
Tangible Assets0000000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets0000000
Stock & work in progress0000000
Trade Debtors29,57633,26449,33957,77122,57829,10419,064
Group Debtors0000000
Misc Debtors0000000
Cash0000000
misc current assets0000000
total current assets29,57633,26449,33957,77122,57829,10419,064
total assets29,57633,26449,33957,77122,57829,10419,064
Bank overdraft0000000
Bank loan0000000
Trade Creditors 64,12857,67566,60959,37856,25617,7577,437
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities64,12857,67566,60959,37856,25617,7577,437
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities26,58533,58835,83345,833054,90040,000
provisions0000000
total long term liabilities26,58533,58835,83345,833054,90040,000
total liabilities90,71391,263102,442105,21156,25672,65747,437
net assets-61,137-57,999-53,103-47,440-33,678-43,553-28,373
total shareholders funds-61,137-57,999-53,103-47,440-33,678-43,553-28,373
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017
Operating Activities
Operating Profit-3,138-4,896-5,663-13,76212,191-15,180-28,373
Depreciation0000000
Amortisation0000000
Tax0000-2,31600
Stock0000000
Debtors-3,688-16,075-8,43235,193-6,52610,04019,064
Creditors6,453-8,9347,2313,12238,49910,3207,437
Accruals and Deferred Income0000000
Deferred Taxes & Provisions0000000
Cash flow from operations7,0032,24510,000-45,83354,900-14,900-40,000
Investing Activities
capital expenditure0000000
Change in Investments0000000
cash flow from investments0000000
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities-7,003-2,245-10,00045,833-54,90014,90040,000
share issue0000000
interest0000000
cash flow from financing-7,003-2,245-10,00045,833-54,90014,90040,000
cash and cash equivalents
cash0000000
overdraft0000000
change in cash0000000

tango homes 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 tango homes ltd. Get real-time insights into tango homes ltd's credit score, group structure and payment trends.

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Tango Homes Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for tango homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N21 area or any other competitors across 12 key performance metrics.

tango homes ltd Ownership

TANGO HOMES LTD group structure

Tango Homes Ltd has no subsidiary companies.

Ultimate parent company

TANGO HOMES LTD

10467216

TANGO HOMES LTD Shareholders

reflections property ltd 50%
kingsnorth property limited 50%

tango homes ltd directors

Tango Homes Ltd currently has 2 directors. The longest serving directors include Mr David Morrison (Nov 2016) and Mr Colin Newell (Nov 2016).

officercountryagestartendrole
Mr David MorrisonUnited Kingdom59 years Nov 2016- Director
Mr Colin NewellEngland57 years Nov 2016- Director

P&L

November 2023

turnover

139.2k

+10%

operating profit

-3.1k

0%

gross margin

13.1%

+7.69%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

-61.1k

+0.05%

total assets

29.6k

-0.11%

cash

0

0%

net assets

Total assets minus all liabilities

tango homes ltd company details

company number

10467216

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

November 2016

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

58 green dragon lane, london, N21 2LH

Bank

-

Legal Advisor

-

tango homes 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 tango homes ltd.

charges

tango homes ltd Companies House Filings - See Documents

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