tech inline limited

tech inline limited Company Information

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Company Number

10874013

Industry

Wholesale of electronic and telecommunications equipment and parts

 

Directors

Bilal Ahmed

Shareholders

bilal ahmed

Group Structure

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Contact

Registered Address

297c romford road, forest gate, E7 9HA

tech inline limited Estimated Valuation

£310.4k

Pomanda estimates the enterprise value of TECH INLINE LIMITED at £310.4k based on a Turnover of £1.1m and 0.28x industry multiple (adjusted for size and gross margin).

tech inline limited Estimated Valuation

£56.2k

Pomanda estimates the enterprise value of TECH INLINE LIMITED at £56.2k based on an EBITDA of £19k and a 2.96x industry multiple (adjusted for size and gross margin).

tech inline limited Estimated Valuation

£65.6k

Pomanda estimates the enterprise value of TECH INLINE LIMITED at £65.6k based on Net Assets of £35.4k and 1.85x industry multiple (adjusted for liquidity).

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Tech Inline Limited Overview

Tech Inline Limited is a live company located in forest gate, E7 9HA with a Companies House number of 10874013. It operates in the wholesale of electronic and telecommunications equipment and parts sector, SIC Code 46520. Founded in July 2017, it's largest shareholder is bilal ahmed with a 100% stake. Tech Inline Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.

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Tech Inline Limited Health Check

Pomanda's financial health check has awarded Tech Inline Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£16.7m)

£1.1m - Tech Inline Limited

£16.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 103%, show it is growing at a faster rate (8.4%)

103% - Tech Inline Limited

8.4% - Industry AVG

production

Production

with a gross margin of 17%, this company has a higher cost of product (25%)

17% - Tech Inline Limited

25% - Industry AVG

profitability

Profitability

an operating margin of 1.3% make it less profitable than the average company (3.8%)

1.3% - Tech Inline Limited

3.8% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (33)

3 - Tech Inline Limited

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £54.3k, the company has an equivalent pay structure (£54.3k)

£54.3k - Tech Inline Limited

£54.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £366.9k, this is less efficient (£464.7k)

£366.9k - Tech Inline Limited

£464.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is near the average (58 days)

67 days - Tech Inline Limited

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 170 days, this is slower than average (31 days)

170 days - Tech Inline Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 92 days, this is more than average (62 days)

92 days - Tech Inline Limited

62 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (13 weeks)

3 weeks - Tech Inline Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 92.7%, this is a higher level of debt than the average (53.9%)

92.7% - Tech Inline Limited

53.9% - Industry AVG

TECH INLINE LIMITED financials

EXPORTms excel logo

Tech Inline Limited's latest turnover from July 2024 is estimated at £1.1 million and the company has net assets of £35.4 thousand. According to their latest financial statements, Tech Inline Limited has 3 employees and maintains cash reserves of £25.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018
Turnover1,100,83071,0031,418,762132,334107,16168,76277,711
Other Income Or Grants0000000
Cost Of Sales913,81358,2411,168,463109,15087,62157,01764,488
Gross Profit187,01712,762250,29823,18419,54011,74513,224
Admin Expenses172,871-9,057242,67719,25516,45011,54913,173
Operating Profit14,14621,8197,6213,9293,09019651
Interest Payable2,1021,9881,4021,17959000
Interest Receivable1,1821,133202415738
Pre-Tax Profit13,22720,9646,4212,7542,50125389
Tax-3,307-5,241-1,220-523-475-48-17
Profit After Tax9,92015,7235,2012,2312,02620572
Dividends Paid0000000
Retained Profit9,92015,7235,2012,2312,02620572
Employee Costs162,98655,739107,16850,94849,36149,57448,614
Number Of Employees3121111
EBITDA*18,99221,8197,6213,9293,09019651

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018
Tangible Assets19,385000000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets19,385000000
Stock & work in progress232,03540,28218,57038,18744,94000
Trade Debtors204,3757,550451,999002,7461
Group Debtors0000000
Misc Debtors000418000
Cash25,75119,28826,0516,2142,250015,254
misc current assets000162000
total current assets462,16167,120496,62044,98147,1902,74615,255
total assets481,54667,120496,62044,98147,1902,74615,255
Bank overdraft0000000
Bank loan0000000
Trade Creditors 425,62024,841463,83319,61322,6342,1690
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities003,7181,5002,919015,182
total current liabilities425,62024,841467,55121,11325,5532,16915,182
loans20,54716,82019,33319,33319,33300
hp & lease commitments0000000
Accruals and Deferred Income000003000
other liabilities0000000
provisions0000000
total long term liabilities20,54716,82019,33319,33319,3333000
total liabilities446,16741,661486,88440,44644,8862,46915,182
net assets35,37925,4599,7364,5352,30427773
total shareholders funds35,37925,4599,7364,5352,30427773
Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018
Operating Activities
Operating Profit14,14621,8197,6213,9293,09019651
Depreciation4,846000000
Amortisation0000000
Tax-3,307-5,241-1,220-523-475-48-17
Stock191,75321,712-19,617-6,75344,94000
Debtors196,825-444,449451,581418-2,7462,7451
Creditors400,779-438,992444,220-3,02120,4652,1690
Accruals and Deferred Income0-3,7182,218-1,4192,619-14,88215,182
Deferred Taxes & Provisions0000000
Cash flow from operations27,886-3,39520,8755,301-16,495-15,31015,215
Investing Activities
capital expenditure-24,231000000
Change in Investments0000000
cash flow from investments-24,231000000
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans3,727-2,5130019,33300
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue00001-11
interest-920-855-1,200-1,175-5895738
cash flow from financing2,807-3,368-1,200-1,17518,7455639
cash and cash equivalents
cash6,463-6,76319,8373,9642,250-15,25415,254
overdraft0000000
change in cash6,463-6,76319,8373,9642,250-15,25415,254

tech inline limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Tech Inline Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for tech inline limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in E 7 area or any other competitors across 12 key performance metrics.

tech inline limited Ownership

TECH INLINE LIMITED group structure

Tech Inline Limited has no subsidiary companies.

Ultimate parent company

TECH INLINE LIMITED

10874013

TECH INLINE LIMITED Shareholders

bilal ahmed 100%

tech inline limited directors

Tech Inline Limited currently has 1 director, Mr Bilal Ahmed serving since Jul 2017.

officercountryagestartendrole
Mr Bilal AhmedEngland40 years Jul 2017- Director

P&L

July 2024

turnover

1.1m

+1450%

operating profit

14.1k

0%

gross margin

17%

-5.48%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2024

net assets

35.4k

+0.39%

total assets

481.5k

+6.17%

cash

25.8k

+0.34%

net assets

Total assets minus all liabilities

tech inline limited company details

company number

10874013

Type

Private limited with Share Capital

industry

46520 - Wholesale of electronic and telecommunications equipment and parts

incorporation date

July 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

July 2024

previous names

bayan traders limited (December 2022)

accountant

-

auditor

-

address

297c romford road, forest gate, E7 9HA

Bank

-

Legal Advisor

-

tech inline 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 inline limited.

tech inline 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 inline limited Companies House Filings - See Documents

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