tungsten corporate solutions limited
tungsten corporate solutions limited Company Information
Company Number
10903600
Next Accounts
Apr 2026
Shareholders
mirada holdings limited
Group Structure
View All
Industry
Accounting, and auditing activities
+2Registered Address
cardiff arms park, westgate street, cardiff, glamorgan, CF10 1JA
Website
www.aspenwaite.co.uktungsten corporate solutions limited Estimated Valuation
Pomanda estimates the enterprise value of TUNGSTEN CORPORATE SOLUTIONS LIMITED at £691.4k based on a Turnover of £930.2k and 0.74x industry multiple (adjusted for size and gross margin).
tungsten corporate solutions limited Estimated Valuation
Pomanda estimates the enterprise value of TUNGSTEN CORPORATE SOLUTIONS LIMITED at £2.6m based on an EBITDA of £543.5k and a 4.77x industry multiple (adjusted for size and gross margin).
tungsten corporate solutions limited Estimated Valuation
Pomanda estimates the enterprise value of TUNGSTEN CORPORATE SOLUTIONS LIMITED at £1.9m based on Net Assets of £554k and 3.52x industry multiple (adjusted for liquidity).
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Tungsten Corporate Solutions Limited Overview
Tungsten Corporate Solutions Limited is a live company located in cardiff, CF10 1JA with a Companies House number of 10903600. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in August 2017, it's largest shareholder is mirada holdings limited with a 100% stake. Tungsten Corporate Solutions Limited is a young, small sized company, Pomanda has estimated its turnover at £930.2k with declining growth in recent years.
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Tungsten Corporate Solutions Limited Health Check
Pomanda's financial health check has awarded Tungsten Corporate Solutions Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £930.2k, make it larger than the average company (£178.8k)
- Tungsten Corporate Solutions Limited
£178.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (7.6%)
- Tungsten Corporate Solutions Limited
7.6% - Industry AVG
Production
with a gross margin of 78.7%, this company has a comparable cost of product (78.7%)
- Tungsten Corporate Solutions Limited
78.7% - Industry AVG
Profitability
an operating margin of 51.1% make it more profitable than the average company (6.9%)
- Tungsten Corporate Solutions Limited
6.9% - Industry AVG
Employees
with 15 employees, this is above the industry average (2)
15 - Tungsten Corporate Solutions Limited
2 - Industry AVG
Pay Structure
on an average salary of £36.6k, the company has an equivalent pay structure (£36.6k)
- Tungsten Corporate Solutions Limited
£36.6k - Industry AVG
Efficiency
resulting in sales per employee of £62k, this is less efficient (£75.2k)
- Tungsten Corporate Solutions Limited
£75.2k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is near the average (81 days)
- Tungsten Corporate Solutions Limited
81 days - Industry AVG
Creditor Days
its suppliers are paid after 170 days, this is slower than average (25 days)
- Tungsten Corporate Solutions Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 27 days, this is less than average (395 days)
- Tungsten Corporate Solutions Limited
395 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (37 weeks)
0 weeks - Tungsten Corporate Solutions Limited
37 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.1%, this is a similar level of debt than the average (60.9%)
60.1% - Tungsten Corporate Solutions Limited
60.9% - Industry AVG
TUNGSTEN CORPORATE SOLUTIONS LIMITED financials
Tungsten Corporate Solutions Limited's latest turnover from July 2024 is estimated at £930.2 thousand and the company has net assets of £554 thousand. According to their latest financial statements, Tungsten Corporate Solutions Limited has 15 employees and maintains cash reserves of £7.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jul 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|---|
| 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 | 15 | 18 | 30 | 24 | 13 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jul 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 11,312 | 522,518 | 552,214 | 611,446 | 8,759 | 718 |
| Intangible Assets | 70,851 | 124,452 | 178,053 | 258,752 | ||
| Investments & Other | 15,135 | 27,500 | 12,500 | |||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 82,163 | 646,970 | 730,267 | 885,333 | 36,259 | 13,218 |
| Stock & work in progress | 15,000 | 102,005 | 44,434 | 45,000 | ||
| Trade Debtors | 198,579 | 123,634 | 161,808 | 224,511 | 33,958 | 13,750 |
| Group Debtors | 606,095 | 444,052 | 160,346 | 72,419 | ||
| Misc Debtors | 477,839 | 87,832 | 289,422 | 286,760 | 876,926 | 275,491 |
| Cash | 7,508 | 88,084 | 79,298 | 362,444 | 339,314 | 11,700 |
| misc current assets | ||||||
| total current assets | 1,305,021 | 845,607 | 690,874 | 946,134 | 1,294,632 | 345,941 |
| total assets | 1,387,184 | 1,492,577 | 1,421,141 | 1,831,467 | 1,330,891 | 359,159 |
| Bank overdraft | 149,334 | 198,621 | 5,757 | |||
| Bank loan | ||||||
| Trade Creditors | 92,644 | 88,089 | 40,028 | 14,054 | 4,210 | 4,214 |
| Group/Directors Accounts | 28 | 306,861 | 192,339 | |||
| other short term finances | ||||||
| hp & lease commitments | 1,835 | 17,470 | 28,182 | |||
| other current liabilities | 420,409 | 644,328 | 558,454 | 503,114 | 430,741 | 129,261 |
| total current liabilities | 664,250 | 948,508 | 626,664 | 829,786 | 627,290 | 133,475 |
| loans | 165,889 | 305,368 | 493,257 | 244,243 | ||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 20,000 | |||||
| provisions | 3,049 | 8,737 | 12,279 | 23,533 | 1,801 | |
| total long term liabilities | 168,938 | 314,105 | 505,536 | 287,776 | 1,801 | |
| total liabilities | 833,188 | 1,262,613 | 1,132,200 | 1,117,562 | 629,091 | 133,475 |
| net assets | 553,996 | 229,964 | 288,941 | 713,905 | 701,800 | 225,684 |
| total shareholders funds | 553,996 | 229,964 | 288,941 | 713,905 | 701,800 | 225,684 |
| Jul 2024 | Jul 2023 | Jul 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 14,263 | 20,922 | 16,861 | 3,786 | 1,284 | 278 |
| Amortisation | 53,601 | 53,601 | 80,700 | 9,252 | ||
| Tax | ||||||
| Stock | -87,005 | 102,005 | -44,434 | -566 | 45,000 | |
| Debtors | 626,995 | 43,942 | 27,886 | -327,194 | 621,643 | 289,241 |
| Creditors | 4,555 | 48,061 | 25,974 | 9,844 | -4 | 4,214 |
| Accruals and Deferred Income | -223,919 | 85,874 | 55,340 | 72,373 | 301,480 | 129,261 |
| Deferred Taxes & Provisions | -5,688 | -3,542 | -11,254 | 21,732 | 1,801 | |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -15,135 | -12,365 | 15,000 | 12,500 | ||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 28 | -306,861 | 114,522 | 192,339 | ||
| Other Short Term Loans | ||||||
| Long term loans | -139,479 | -187,889 | 249,014 | 244,243 | ||
| Hire Purchase and Lease Commitments | -15,635 | -10,712 | 28,182 | |||
| other long term liabilities | -20,000 | 20,000 | ||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -80,576 | 8,786 | -283,146 | 23,130 | 327,614 | 11,700 |
| overdraft | -49,287 | 198,621 | -5,757 | 5,757 | ||
| change in cash | -31,289 | -189,835 | -277,389 | 17,373 | 327,614 | 11,700 |
tungsten corporate solutions limited Credit Report and Business Information
Tungsten Corporate Solutions Limited Competitor Analysis
Perform a competitor analysis for tungsten corporate solutions limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in CF10 area or any other competitors across 12 key performance metrics.
tungsten corporate solutions limited Ownership
TUNGSTEN CORPORATE SOLUTIONS LIMITED group structure
Tungsten Corporate Solutions Limited has no subsidiary companies.
Ultimate parent company
1 parent
TUNGSTEN CORPORATE SOLUTIONS LIMITED
10903600
tungsten corporate solutions limited directors
Tungsten Corporate Solutions Limited currently has 3 directors. The longest serving directors include Mr David Scheeres (Aug 2017) and Mr Darren Talbot (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Scheeres | United Kingdom | 68 years | Aug 2017 | - | Director |
| Mr Darren Talbot | Wales | 52 years | Oct 2020 | - | Director |
| Ms Michelle Perkins | United Kingdom | 50 years | Aug 2022 | - | Director |
P&L
July 2024turnover
930.2k
+24%
operating profit
475.6k
0%
gross margin
78.8%
-5.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
554k
+1.41%
total assets
1.4m
-0.07%
cash
7.5k
-0.91%
net assets
Total assets minus all liabilities
Similar Companies
tungsten corporate solutions limited company details
company number
10903600
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
69201 - Accounting, and auditing activities
69203 - Tax consultancy
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2024
previous names
aspen waite in wales limited (August 2022)
accountant
-
auditor
-
address
cardiff arms park, westgate street, cardiff, glamorgan, CF10 1JA
Bank
-
Legal Advisor
-
tungsten corporate solutions 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 3 charges/mortgages relating to tungsten corporate solutions limited. Currently there are 1 open charges and 2 have been satisfied in the past.
tungsten corporate solutions 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 TUNGSTEN CORPORATE SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
tungsten corporate solutions limited Companies House Filings - See Documents
| date | description | view/download |
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