tba flooring ltd
tba flooring ltd Company Information
Company Number
10502586
Next Accounts
581 days late
Shareholders
roy clark
neil turnbull
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
strawberry hill cottage, main street north, leeds, LS25 3AH
Website
-tba flooring ltd Estimated Valuation
Pomanda estimates the enterprise value of TBA FLOORING LTD at £324.1k based on a Turnover of £946.2k and 0.34x industry multiple (adjusted for size and gross margin).
tba flooring ltd Estimated Valuation
Pomanda estimates the enterprise value of TBA FLOORING LTD at £15.3k based on an EBITDA of £3.8k and a 4.02x industry multiple (adjusted for size and gross margin).
tba flooring ltd Estimated Valuation
Pomanda estimates the enterprise value of TBA FLOORING LTD at £472.5k based on Net Assets of £170.5k and 2.77x industry multiple (adjusted for liquidity).
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Tba Flooring Ltd Overview
Tba Flooring Ltd is a live company located in leeds, LS25 3AH with a Companies House number of 10502586. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in November 2016, it's largest shareholder is roy clark with a 50% stake. Tba Flooring Ltd is a young, small sized company, Pomanda has estimated its turnover at £946.2k with healthy growth in recent years.
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Tba Flooring Ltd Health Check
Pomanda's financial health check has awarded Tba Flooring Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
7 Weak
Size
annual sales of £946.2k, make it smaller than the average company (£12.1m)
- Tba Flooring Ltd
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (0.4%)
- Tba Flooring Ltd
0.4% - Industry AVG
Production
with a gross margin of 27.2%, this company has a comparable cost of product (27.2%)
- Tba Flooring Ltd
27.2% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (6%)
- Tba Flooring Ltd
6% - Industry AVG
Employees
with 3 employees, this is below the industry average (32)
- Tba Flooring Ltd
32 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
- Tba Flooring Ltd
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £315.4k, this is equally as efficient (£320.1k)
- Tba Flooring Ltd
£320.1k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is near the average (54 days)
- Tba Flooring Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (35 days)
- Tba Flooring Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 313 days, this is more than average (67 days)
- Tba Flooring Ltd
67 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (21 weeks)
9 weeks - Tba Flooring Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79%, this is a higher level of debt than the average (47.5%)
79% - Tba Flooring Ltd
47.5% - Industry AVG
TBA FLOORING LTD financials
Tba Flooring Ltd's latest turnover from October 2021 is estimated at £946.2 thousand and the company has net assets of £170.5 thousand. According to their latest financial statements, we estimate that Tba Flooring Ltd has 3 employees and maintains cash reserves of £107.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|
| Turnover | 636,784 | ||||
| Other Income Or Grants | |||||
| Cost Of Sales | 541,018 | ||||
| Gross Profit | 95,766 | ||||
| Admin Expenses | 50,500 | ||||
| Operating Profit | 45,266 | ||||
| Interest Payable | |||||
| Interest Receivable | 26 | ||||
| Pre-Tax Profit | 45,292 | ||||
| Tax | -8,605 | ||||
| Profit After Tax | 36,687 | ||||
| Dividends Paid | |||||
| Retained Profit | 36,687 | ||||
| Employee Costs | |||||
| Number Of Employees | |||||
| EBITDA* | 45,266 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | |||||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | |||||
| Stock & work in progress | 590,500 | 190,000 | 420,000 | 200,000 | |
| Trade Debtors | 115,705 | 372,096 | 151,139 | 163,061 | |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | 107,121 | 85,626 | 1,869 | 27,116 | |
| misc current assets | 10,077 | 17,228 | 100 | ||
| total current assets | 813,326 | 647,722 | 583,085 | 407,405 | 100 |
| total assets | 813,326 | 647,722 | 583,085 | 407,405 | 100 |
| Bank overdraft | 121,012 | ||||
| Bank loan | |||||
| Trade Creditors | 520 | 160 | 12,202 | 5,606 | |
| Group/Directors Accounts | 475,595 | 334,920 | 293,300 | 160,000 | |
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 121,411 | 92,972 | 192,362 | 84,000 | |
| total current liabilities | 597,526 | 428,052 | 497,864 | 370,618 | |
| loans | 45,330 | 50,000 | |||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 45,330 | 50,000 | |||
| total liabilities | 642,856 | 478,052 | 497,864 | 370,618 | |
| net assets | 170,470 | 169,670 | 85,221 | 36,787 | 100 |
| total shareholders funds | 170,470 | 169,670 | 85,221 | 36,787 | 100 |
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 45,266 | ||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | -8,605 | ||||
| Stock | 400,500 | -230,000 | 220,000 | 200,000 | |
| Debtors | -256,391 | 220,957 | -11,922 | 163,061 | |
| Creditors | 360 | -12,042 | 6,596 | 5,606 | |
| Accruals and Deferred Income | 28,439 | -99,390 | 108,362 | 84,000 | |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | -236,794 | ||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | 140,675 | 41,620 | 133,300 | 160,000 | |
| Other Short Term Loans | |||||
| Long term loans | -4,670 | 50,000 | |||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | 26 | ||||
| cash flow from financing | 160,026 | 100 | |||
| cash and cash equivalents | |||||
| cash | 21,495 | 83,757 | -25,247 | 27,116 | |
| overdraft | -121,012 | 121,012 | |||
| change in cash | 21,495 | 83,757 | 95,765 | -93,896 |
tba flooring ltd Credit Report and Business Information
Tba Flooring Ltd Competitor Analysis
Perform a competitor analysis for tba flooring ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in LS25 area or any other competitors across 12 key performance metrics.
tba flooring ltd Ownership
TBA FLOORING LTD group structure
Tba Flooring Ltd has no subsidiary companies.
Ultimate parent company
TBA FLOORING LTD
10502586
tba flooring ltd directors
Tba Flooring Ltd currently has 3 directors. The longest serving directors include Mr Roy Clark (Nov 2016) and Mr John Turnbull (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roy Clark | England | 74 years | Nov 2016 | - | Director |
| Mr John Turnbull | England | 79 years | May 2019 | - | Director |
| Mr Neil Turnbull | England | 55 years | Jul 2020 | - | Director |
P&L
October 2021turnover
946.2k
-29%
operating profit
3.8k
0%
gross margin
27.3%
+0.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2021net assets
170.5k
0%
total assets
813.3k
+0.26%
cash
107.1k
+0.25%
net assets
Total assets minus all liabilities
tba flooring ltd company details
company number
10502586
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
November 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2021
previous names
N/A
accountant
TAXEASE LTD
auditor
-
address
strawberry hill cottage, main street north, leeds, LS25 3AH
Bank
-
Legal Advisor
-
tba flooring 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 tba flooring ltd.
tba flooring 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 TBA FLOORING LTD. This can take several minutes, an email will notify you when this has completed.
tba flooring ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
