tango homes ltd
tango homes ltd Company Information
Company Number
10467216
Website
-Registered Address
58 green dragon lane, london, N21 2LH
Industry
Management of real estate on a fee or contract basis
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
reflections property ltd 50%
kingsnorth property limited 50%
tango homes ltd Estimated Valuation
Pomanda estimates the enterprise value of TANGO HOMES LTD at £177.7k based on a Turnover of £140.1k and 1.27x industry multiple (adjusted for size and gross margin).
tango homes ltd Estimated Valuation
Pomanda estimates the enterprise value of TANGO HOMES LTD at £0 based on an EBITDA of £-3.1k and a 4.34x industry multiple (adjusted for size and gross margin).
tango homes ltd Estimated Valuation
Pomanda estimates the enterprise value of TANGO HOMES LTD at £0 based on Net Assets of £-61.1k and 1.68x 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 £140.1k 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £140.1k, make it smaller than the average company (£1.1m)
- Tango Homes Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.5%)
- Tango Homes Ltd
4.5% - Industry AVG
Production
with a gross margin of 12.8%, this company has a higher cost of product (45%)
- Tango Homes Ltd
45% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (7.9%)
- Tango Homes Ltd
7.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
- Tango Homes Ltd
10 - Industry AVG
Pay Structure
on an average salary of £42.5k, the company has an equivalent pay structure (£42.5k)
- Tango Homes Ltd
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £140.1k, this is more efficient (£102.8k)
- Tango Homes Ltd
£102.8k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (33 days)
- Tango Homes Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 191 days, this is slower than average (30 days)
- Tango Homes Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tango Homes Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tango Homes Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 306.7%, this is a higher level of debt than the average (80.7%)
306.7% - Tango Homes Ltd
80.7% - Industry AVG
TANGO HOMES LTD financials
Tango Homes Ltd's latest turnover from November 2023 is estimated at £140.1 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 House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 29,576 | 33,264 | 49,339 | 57,771 | 22,578 | 29,104 | 19,064 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 29,576 | 33,264 | 49,339 | 57,771 | 22,578 | 29,104 | 19,064 |
| total assets | 29,576 | 33,264 | 49,339 | 57,771 | 22,578 | 29,104 | 19,064 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 64,128 | 57,675 | 66,609 | 59,378 | 56,256 | 17,757 | 7,437 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 64,128 | 57,675 | 66,609 | 59,378 | 56,256 | 17,757 | 7,437 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 26,585 | 33,588 | 35,833 | 45,833 | 0 | 54,900 | 40,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 26,585 | 33,588 | 35,833 | 45,833 | 0 | 54,900 | 40,000 |
| total liabilities | 90,713 | 91,263 | 102,442 | 105,211 | 56,256 | 72,657 | 47,437 |
| 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 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,688 | -16,075 | -8,432 | 35,193 | -6,526 | 10,040 | 19,064 |
| Creditors | 6,453 | -8,934 | 7,231 | 3,122 | 38,499 | 10,320 | 7,437 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -7,003 | -2,245 | -10,000 | 45,833 | -54,900 | 14,900 | 40,000 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
tango homes ltd Credit Report and Business Information
Tango Homes Ltd Competitor Analysis
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 directors
Tango Homes Ltd currently has 2 directors. The longest serving directors include Mr Colin Newell (Nov 2016) and Mr David Morrison (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Newell | England | 57 years | Nov 2016 | - | Director |
| Mr David Morrison | United Kingdom | 58 years | Nov 2016 | - | Director |
P&L
November 2023turnover
140.1k
+10%
operating profit
-3.1k
0%
gross margin
12.9%
+5.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net 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
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
November 2023
address
58 green dragon lane, london, N21 2LH
accountant
-
auditor
-
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.
tango homes ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
