tcr new limited
tcr new limited Company Information
Company Number
10612844
Next Accounts
Apr 2025
Shareholders
tcr finance limited
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
29 woodside road, bournemouth, BH5 2AZ
Website
tcr-series.comtcr new limited Estimated Valuation
Pomanda estimates the enterprise value of TCR NEW LIMITED at £930.8k based on a Turnover of £286.6k and 3.25x industry multiple (adjusted for size and gross margin).
tcr new limited Estimated Valuation
Pomanda estimates the enterprise value of TCR NEW LIMITED at £0 based on an EBITDA of £-6.8m and a 6.52x industry multiple (adjusted for size and gross margin).
tcr new limited Estimated Valuation
Pomanda estimates the enterprise value of TCR NEW LIMITED at £0 based on Net Assets of £-8m and 1.76x industry multiple (adjusted for liquidity).
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Tcr New Limited Overview
Tcr New Limited is a live company located in bournemouth, BH5 2AZ with a Companies House number of 10612844. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2017, it's largest shareholder is tcr finance limited with a 100% stake. Tcr New Limited is a young, micro sized company, Pomanda has estimated its turnover at £286.6k with rapid growth in recent years.
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Tcr New Limited Health Check
Pomanda's financial health check has awarded Tcr New Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £286.6k, make it smaller than the average company (£830.9k)
- Tcr New Limited
£830.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 264%, show it is growing at a faster rate (2.4%)
- Tcr New Limited
2.4% - Industry AVG
Production
with a gross margin of 72.5%, this company has a comparable cost of product (72.5%)
- Tcr New Limited
72.5% - Industry AVG
Profitability
an operating margin of -2354.9% make it less profitable than the average company (25.2%)
- Tcr New Limited
25.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Tcr New Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Tcr New Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £143.3k, this is less efficient (£175.4k)
- Tcr New Limited
£175.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tcr New Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 472 days, this is slower than average (35 days)
- Tcr New Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tcr New Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (13 weeks)
31 weeks - Tcr New Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 165%, this is a higher level of debt than the average (67.9%)
165% - Tcr New Limited
67.9% - Industry AVG
TCR NEW LIMITED financials
Tcr New Limited's latest turnover from July 2023 is estimated at £286.6 thousand and the company has net assets of -£8 million. According to their latest financial statements, we estimate that Tcr New Limited has 2 employees and maintains cash reserves of £12.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 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 | 0 | 0 | ||||
| Number Of Employees | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 40,250,000 | 48,325,000 | 48,325,000 | 48,325,000 | 47,500,000 |
| Debtors (Due After 1 year) | 0 | 0 | 9,621 | 57,727 | 105,833 | 153,938 |
| Total Fixed Assets | 0 | 40,250,000 | 48,334,621 | 48,382,727 | 48,430,833 | 47,653,938 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 10,652 | 0 | 540 | 280 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 56,303 | 593,990 | 159,946 | 48,206 | 48,206 | 48,206 |
| Cash | 12,309,493 | 1,465,588 | 1,179,528 | 1,478,708 | 1,282,075 | 1,268,679 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,365,796 | 2,070,230 | 1,339,474 | 1,527,454 | 1,330,561 | 1,316,885 |
| total assets | 12,365,796 | 42,320,230 | 49,674,095 | 49,910,181 | 49,761,394 | 48,970,823 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 102,087 | 626,208 | 18,357 | 0 | 0 | 0 |
| Group/Directors Accounts | 15,199,706 | 415,207 | 243,127 | 380,750 | 380,751 | 588,245 |
| other short term finances | 4,996,450 | 11,496,176 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 102,415 | 101,368 | 583,241 | 599,972 | 772,649 | 682,156 |
| total current liabilities | 20,400,658 | 12,638,959 | 844,725 | 980,722 | 1,153,400 | 1,270,401 |
| loans | 0 | 35,999,499 | 46,863,265 | 47,330,000 | 47,330,000 | 47,500,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 82,884 | 4,269,027 | 4,269,027 | 3,680,808 |
| total long term liabilities | 0 | 35,999,499 | 46,946,149 | 51,599,027 | 51,599,027 | 51,180,808 |
| total liabilities | 20,400,658 | 48,638,458 | 47,790,874 | 52,579,749 | 52,752,427 | 52,451,209 |
| net assets | -8,034,862 | -6,318,228 | 1,883,221 | -2,669,568 | -2,991,033 | -3,480,386 |
| total shareholders funds | -8,034,862 | -6,318,228 | 1,883,221 | -2,669,568 | -2,991,033 | -3,480,386 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -548,339 | 435,075 | 63,094 | -47,846 | -47,825 | 202,144 |
| Creditors | -524,121 | 607,851 | 18,357 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,047 | -481,873 | -16,731 | -172,677 | 90,493 | 682,156 |
| Deferred Taxes & Provisions | 0 | -82,884 | -4,186,143 | 0 | 588,219 | 3,680,808 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -40,250,000 | -8,075,000 | 0 | 0 | 825,000 | 47,500,000 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 14,784,499 | 172,080 | -137,623 | -1 | -207,494 | 588,245 |
| Other Short Term Loans | -6,499,726 | 11,496,176 | 0 | 0 | 0 | 0 |
| Long term loans | -35,999,499 | -10,863,766 | -466,735 | 0 | -170,000 | 47,500,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 10,843,905 | 286,060 | -299,180 | 196,633 | 13,396 | 1,268,679 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 10,843,905 | 286,060 | -299,180 | 196,633 | 13,396 | 1,268,679 |
tcr new limited Credit Report and Business Information
Tcr New Limited Competitor Analysis
Perform a competitor analysis for tcr new limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BH5 area or any other competitors across 12 key performance metrics.
tcr new limited Ownership
TCR NEW LIMITED group structure
Tcr New Limited has no subsidiary companies.
Ultimate parent company
2 parents
TCR NEW LIMITED
10612844
tcr new limited directors
Tcr New Limited currently has 2 directors. The longest serving directors include Mr Anthony Chambers (Feb 2017) and Mr Dominic Chambers (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Chambers | England | 69 years | Feb 2017 | - | Director |
| Mr Dominic Chambers | England | 37 years | Mar 2021 | - | Director |
P&L
July 2023turnover
286.6k
-49%
operating profit
-6.8m
0%
gross margin
72.6%
+0.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-8m
+0.27%
total assets
12.4m
-0.71%
cash
12.3m
+7.4%
net assets
Total assets minus all liabilities
tcr new limited company details
company number
10612844
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
cathedral (tcr) holdings limited (September 2017)
accountant
MA PARTNERS LLP
auditor
-
address
29 woodside road, bournemouth, BH5 2AZ
Bank
-
Legal Advisor
-
tcr new 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 found 2 charges/mortgages relating to tcr new limited. Currently there are 1 open charges and 1 have been satisfied in the past.
tcr new 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 TCR NEW LIMITED. This can take several minutes, an email will notify you when this has completed.
tcr new limited Companies House Filings - See Documents
| date | description | view/download |
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