tec skills training ltd
tec skills training ltd Company Information
Company Number
10868881
Website
-Registered Address
red column ground floor, 16-22 abbey trading estate, canning road, london, E15 3NW
Industry
Other education n.e.c.
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Directors
Salim Gorji7 Years
Shareholders
salim gorji 100%
tec skills training ltd Estimated Valuation
Pomanda estimates the enterprise value of TEC SKILLS TRAINING LTD at £255k based on a Turnover of £426k and 0.6x industry multiple (adjusted for size and gross margin).
tec skills training ltd Estimated Valuation
Pomanda estimates the enterprise value of TEC SKILLS TRAINING LTD at £8.3k based on an EBITDA of £2.8k and a 2.93x industry multiple (adjusted for size and gross margin).
tec skills training ltd Estimated Valuation
Pomanda estimates the enterprise value of TEC SKILLS TRAINING LTD at £29.8k based on Net Assets of £13.1k and 2.27x industry multiple (adjusted for liquidity).
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Tec Skills Training Ltd Overview
Tec Skills Training Ltd is a live company located in canning road, E15 3NW with a Companies House number of 10868881. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in July 2017, it's largest shareholder is salim gorji with a 100% stake. Tec Skills Training Ltd is a young, micro sized company, Pomanda has estimated its turnover at £426k with rapid growth in recent years.
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Tec Skills Training Ltd Health Check
Pomanda's financial health check has awarded Tec Skills Training Ltd 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 £426k, make it in line with the average company (£519.6k)
- Tec Skills Training Ltd
£519.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (4.3%)
- Tec Skills Training Ltd
4.3% - Industry AVG
Production
with a gross margin of 29.8%, this company has a higher cost of product (55.2%)
- Tec Skills Training Ltd
55.2% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (5.3%)
- Tec Skills Training Ltd
5.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (14)
- Tec Skills Training Ltd
14 - Industry AVG
Pay Structure
on an average salary of £28.7k, the company has an equivalent pay structure (£28.7k)
- Tec Skills Training Ltd
£28.7k - Industry AVG
Efficiency
resulting in sales per employee of £85.2k, this is more efficient (£50.7k)
- Tec Skills Training Ltd
£50.7k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (18 days)
- Tec Skills Training Ltd
18 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (24 days)
- Tec Skills Training Ltd
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tec Skills Training Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tec Skills Training Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.1%, this is a higher level of debt than the average (25%)
82.1% - Tec Skills Training Ltd
25% - Industry AVG
TEC SKILLS TRAINING LTD financials
Tec Skills Training Ltd's latest turnover from July 2023 is estimated at £426 thousand and the company has net assets of £13.1 thousand. According to their latest financial statements, we estimate that Tec Skills Training Ltd has 5 employees and maintains cash reserves of 0 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 | ||||||
| Number Of Employees | 4 | |||||
| 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 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 73,420 | 27,284 | 32,234 | 30,261 | 7,059 | 6,384 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 73,420 | 27,284 | 32,234 | 30,261 | 7,059 | 6,384 |
| total assets | 73,420 | 27,284 | 32,234 | 30,261 | 7,059 | 6,384 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 48,495 | 297 | 1,988 | 466 | 502 | 1,598 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 48,495 | 297 | 1,988 | 466 | 502 | 1,598 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 11,796 | 15,970 | 20,496 | 21,250 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 11,796 | 15,970 | 20,496 | 21,250 | 0 | 0 |
| total liabilities | 60,291 | 16,267 | 22,484 | 21,716 | 502 | 1,598 |
| net assets | 13,129 | 11,017 | 9,750 | 8,545 | 6,557 | 4,786 |
| total shareholders funds | 13,129 | 11,017 | 9,750 | 8,545 | 6,557 | 4,786 |
| 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 | 46,136 | -4,950 | 1,973 | 23,202 | 675 | 6,384 |
| Creditors | 48,198 | -1,691 | 1,522 | -36 | -1,096 | 1,598 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -4,174 | -4,526 | -754 | 21,250 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
tec skills training ltd Credit Report and Business Information
Tec Skills Training Ltd Competitor Analysis
Perform a competitor analysis for tec skills training ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in E15 area or any other competitors across 12 key performance metrics.
tec skills training ltd Ownership
TEC SKILLS TRAINING LTD group structure
Tec Skills Training Ltd has no subsidiary companies.
Ultimate parent company
TEC SKILLS TRAINING LTD
10868881
tec skills training ltd directors
Tec Skills Training Ltd currently has 1 director, Mr Salim Gorji serving since Jul 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Salim Gorji | England | 28 years | Jul 2017 | - | Director |
P&L
July 2023turnover
426k
+234%
operating profit
2.8k
0%
gross margin
29.9%
+1.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
13.1k
+0.19%
total assets
73.4k
+1.69%
cash
0
0%
net assets
Total assets minus all liabilities
tec skills training ltd company details
company number
10868881
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
July 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
red column ground floor, 16-22 abbey trading estate, canning road, london, E15 3NW
accountant
-
auditor
-
tec skills training 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 tec skills training ltd.
tec skills training ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
