time wholesale ltd
time wholesale ltd Company Information
Company Number
10560091
Next Accounts
Dec 2024
Industry
Other business support service activities n.e.c.
Directors
Shareholders
julie devenney
Group Structure
View All
Contact
Registered Address
riverside house irwell street, manchester, M3 5EN
Website
timeclothing.co.uktime wholesale ltd Estimated Valuation
Pomanda estimates the enterprise value of TIME WHOLESALE LTD at £987.6k based on a Turnover of £1.8m and 0.55x industry multiple (adjusted for size and gross margin).
time wholesale ltd Estimated Valuation
Pomanda estimates the enterprise value of TIME WHOLESALE LTD at £20.2k based on an EBITDA of £5k and a 4.04x industry multiple (adjusted for size and gross margin).
time wholesale ltd Estimated Valuation
Pomanda estimates the enterprise value of TIME WHOLESALE LTD at £4.9k based on Net Assets of £2.1k and 2.35x industry multiple (adjusted for liquidity).
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Time Wholesale Ltd Overview
Time Wholesale Ltd is a dissolved company that was located in manchester, M3 5EN with a Companies House number of 10560091. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2017, it's largest shareholder was julie devenney with a 100% stake. The last turnover for Time Wholesale Ltd was estimated at £1.8m.
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Time Wholesale Ltd Health Check
Pomanda's financial health check has awarded Time Wholesale Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
4 Weak
Size
annual sales of £1.8m, make it in line with the average company (£1.8m)
- Time Wholesale Ltd
£1.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Time Wholesale Ltd
- - Industry AVG
Production
with a gross margin of 37.8%, this company has a comparable cost of product (37.8%)
- Time Wholesale Ltd
37.8% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (6.4%)
- Time Wholesale Ltd
6.4% - Industry AVG
Employees
with 16 employees, this is similar to the industry average (19)
16 - Time Wholesale Ltd
19 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)
- Time Wholesale Ltd
£38.5k - Industry AVG
Efficiency
resulting in sales per employee of £112.7k, this is equally as efficient (£130k)
- Time Wholesale Ltd
£130k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Time Wholesale Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (34 days)
- Time Wholesale Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 96 days, this is more than average (28 days)
- Time Wholesale Ltd
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (23 weeks)
0 weeks - Time Wholesale Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (66.8%)
99.5% - Time Wholesale Ltd
66.8% - Industry AVG
TIME WHOLESALE LTD financials
Time Wholesale Ltd's latest turnover from January 2018 is estimated at £1.8 million and the company has net assets of £2.1 thousand. According to their latest financial statements, Time Wholesale Ltd has 16 employees and maintains cash reserves of £5.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2018 | |
|---|---|
| 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 | 16 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2018 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 100,000 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 100,000 |
| Stock & work in progress | 297,997 |
| Trade Debtors | 0 |
| Group Debtors | 0 |
| Misc Debtors | 3,481 |
| Cash | 5,713 |
| misc current assets | 0 |
| total current assets | 307,191 |
| total assets | 407,191 |
| Bank overdraft | 75,790 |
| Bank loan | 0 |
| Trade Creditors | 202,150 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 127,171 |
| total current liabilities | 405,111 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 405,111 |
| net assets | 2,080 |
| total shareholders funds | 2,080 |
| Jan 2018 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 297,997 |
| Debtors | 3,481 |
| Creditors | 202,150 |
| Accruals and Deferred Income | 127,171 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 5,713 |
| overdraft | 75,790 |
| change in cash | -70,077 |
time wholesale ltd Credit Report and Business Information
Time Wholesale Ltd Competitor Analysis
Perform a competitor analysis for time wholesale ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in M 3 area or any other competitors across 12 key performance metrics.
time wholesale ltd Ownership
TIME WHOLESALE LTD group structure
Time Wholesale Ltd has no subsidiary companies.
Ultimate parent company
TIME WHOLESALE LTD
10560091
time wholesale ltd directors
Time Wholesale Ltd currently has 1 director, Mrs Julie Devenney serving since Jan 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Julie Devenney | United Kingdom | 59 years | Jan 2017 | - | Director |
P&L
January 2018turnover
1.8m
0%
operating profit
5k
0%
gross margin
37.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2018net assets
2.1k
0%
total assets
407.2k
0%
cash
5.7k
0%
net assets
Total assets minus all liabilities
time wholesale ltd company details
company number
10560091
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2018
previous names
N/A
accountant
-
auditor
-
address
riverside house irwell street, manchester, M3 5EN
Bank
-
Legal Advisor
-
time wholesale 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 time wholesale ltd.
time wholesale 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 TIME WHOLESALE LTD. This can take several minutes, an email will notify you when this has completed.
time wholesale ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
