Pomanda estimates the enterprise value of TECH CHARA LIMITED at £249.5k based on a Turnover of £476.6k and 0.52x industry multiple (adjusted for size and gross margin).
tech chara limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TECH CHARA LIMITED at £0 based on an EBITDA of £-34.9k and a 3.56x industry multiple (adjusted for size and gross margin).
tech chara limitedEstimated Valuation
£466k
Pomanda estimates the enterprise value of TECH CHARA LIMITED at £466k based on Net Assets of £207.1k and 2.25x industry multiple (adjusted for liquidity).
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Tech Chara LimitedOverview
Tech Chara Limited is a live company located in cheshire, WA14 4RW with a Companies House number of 10691940. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2017, it's largest shareholder is
ayo asagba
with a 100% stake. Tech Chara Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£476.6k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Tech Chara Limited a 2.5 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 Rating2.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £476.6k, make it smaller than the average company (£7.5m)
£476.6k - Tech Chara Limited
£7.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9%)
6% - Tech Chara Limited
9% - Industry AVG
Production
with a gross margin of 24.7%, this company has a higher cost of product (48.7%)
24.7% - Tech Chara Limited
48.7% - Industry AVG
Profitability
an operating margin of -7.3% make it less profitable than the average company (4%)
-7.3% - Tech Chara Limited
4% - Industry AVG
Employees
with 1 employees, this is below the industry average (43)
1 - Tech Chara Limited
43 - Industry AVG
Pay Structure
on an average salary of £72.6k, the company has an equivalent pay structure (£72.6k)
£72.6k - Tech Chara Limited
£72.6k - Industry AVG
Efficiency
resulting in sales per employee of £476.6k, this is more efficient (£176.8k)
£476.6k - Tech Chara Limited
£176.8k - Industry AVG
Debtor Days
it gets paid by customers after 162 days, this is later than average (51 days)
162 days - Tech Chara Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (35 days)
5 days - Tech Chara Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tech Chara Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tech Chara Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.4%, this is a lower level of debt than the average (62.8%)
2.4% - Tech Chara Limited
62.8% - Industry AVG
TECH CHARA LIMITED financials
EXPORT
Tech Chara Limited's latest turnover from March 2024 is estimated at £476.6 thousand and the company has net assets of £207.1 thousand. According to their latest financial statements, Tech Chara Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Turnover
476,617
567,207
486,797
403,804
306,992
273,650
226,065
Other Income Or Grants
Cost Of Sales
358,701
422,354
363,248
306,408
234,581
205,530
165,478
Gross Profit
117,916
144,853
123,549
97,397
72,411
68,119
60,587
Admin Expenses
152,787
88,942
74,440
48,428
35,512
14,792
6,039
Operating Profit
-34,871
55,911
49,109
48,969
36,899
53,327
54,548
Interest Payable
Interest Receivable
Pre-Tax Profit
-34,871
55,911
49,109
48,969
36,899
53,327
54,548
Tax
-10,623
-9,331
-9,304
-7,011
-10,132
-10,364
Profit After Tax
-34,871
45,288
39,778
39,665
29,888
43,195
44,184
Dividends Paid
Retained Profit
-34,871
45,288
39,778
39,665
29,888
43,195
44,184
Employee Costs
72,576
69,427
66,059
62,630
59,474
60,105
57,290
Number Of Employees
1
1
1
1
1
1
1
EBITDA*
-34,871
55,911
49,109
48,969
36,899
53,327
54,548
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
212,151
269,322
221,807
183,750
139,319
119,893
74,280
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
212,151
269,322
221,807
183,750
139,319
119,893
74,280
total assets
212,151
269,322
221,807
183,750
139,319
119,893
74,280
Bank overdraft
Bank loan
Trade Creditors
5,024
27,324
25,097
26,818
22,052
32,514
30,096
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
5,024
27,324
25,097
26,818
22,052
32,514
30,096
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
5,024
27,324
25,097
26,818
22,052
32,514
30,096
net assets
207,127
241,998
196,710
156,932
117,267
87,379
44,184
total shareholders funds
207,127
241,998
196,710
156,932
117,267
87,379
44,184
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Operating Activities
Operating Profit
-34,871
55,911
49,109
48,969
36,899
53,327
54,548
Depreciation
Amortisation
Tax
-10,623
-9,331
-9,304
-7,011
-10,132
-10,364
Stock
Debtors
-57,171
47,515
38,057
44,431
19,426
45,613
74,280
Creditors
-22,300
2,227
-1,721
4,766
-10,462
2,418
30,096
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
tech chara limited 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 tech chara limited. Get real-time insights into tech chara limited's credit score, group structure and payment trends.
Perform a competitor analysis for tech chara limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WA14 area or any other competitors across 12 key performance metrics.
tech chara limited Ownership
TECH CHARA LIMITED group structure
Tech Chara Limited has no subsidiary companies.
Ultimate parent company
TECH CHARA LIMITED
10691940
TECH CHARA LIMITED Shareholders
The sole shareholder of Tech Chara Limited is Ayo Asagba.
ayo asagba
100%
tech chara limited directors
Tech Chara Limited currently has 1 director, Ayorinde Asagba serving since Mar 2017.
62090 - Other information technology and computer service activities
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
mansion house manchester road, altrincham, cheshire, WA14 4RW
Bank
-
Legal Advisor
-
tech chara 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 did not find charges/mortgages relating to tech chara limited.
tech chara 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.
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tech chara limitedCompanies House Filings - See Documents
