ttt london limited
ttt london limited Company Information
Company Number
10965758
Website
www.tttmotorcycles.orgRegistered Address
4th floor 100 st. john street, london, EC1M 4EH
Industry
Retail sale of clothing in specialised stores
Telephone
02077390343
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
william johnnie bankhead 50%
gareth lloyd skewis 25%
View Allttt london limited Estimated Valuation
Pomanda estimates the enterprise value of TTT LONDON LIMITED at £214.8k based on a Turnover of £534.6k and 0.4x industry multiple (adjusted for size and gross margin).
ttt london limited Estimated Valuation
Pomanda estimates the enterprise value of TTT LONDON LIMITED at £49.8k based on an EBITDA of £13k and a 3.84x industry multiple (adjusted for size and gross margin).
ttt london limited Estimated Valuation
Pomanda estimates the enterprise value of TTT LONDON LIMITED at £0 based on Net Assets of £-17.4k and 2.84x industry multiple (adjusted for liquidity).
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Ttt London Limited Overview
Ttt London Limited is a live company located in london, EC1M 4EH with a Companies House number of 10965758. It operates in the retail sale of clothing in specialised stores sector, SIC Code 47710. Founded in September 2017, it's largest shareholder is william johnnie bankhead with a 50% stake. Ttt London Limited is a young, small sized company, Pomanda has estimated its turnover at £534.6k with declining growth in recent years.
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Ttt London Limited Health Check
Pomanda's financial health check has awarded Ttt London Limited a 3 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
2 Strong
3 Regular
7 Weak
Size
annual sales of £534.6k, make it smaller than the average company (£8.8m)
- Ttt London Limited
£8.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (6.9%)
- Ttt London Limited
6.9% - Industry AVG
Production
with a gross margin of 50.9%, this company has a comparable cost of product (50.9%)
- Ttt London Limited
50.9% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (4.6%)
- Ttt London Limited
4.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (57)
3 - Ttt London Limited
57 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)
- Ttt London Limited
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £178.2k, this is equally as efficient (£156.3k)
- Ttt London Limited
£156.3k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is later than average (11 days)
- Ttt London Limited
11 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (37 days)
- Ttt London Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (142 days)
- Ttt London Limited
142 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (12 weeks)
28 weeks - Ttt London Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.7%, this is a higher level of debt than the average (74.7%)
109.7% - Ttt London Limited
74.7% - Industry AVG
TTT LONDON LIMITED financials
Ttt London Limited's latest turnover from November 2023 is estimated at £534.6 thousand and the company has net assets of -£17.4 thousand. According to their latest financial statements, Ttt London Limited has 3 employees and maintains cash reserves of £108.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 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 | 3 | 3 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,724 | 5,944 | 4,050 | 2,720 | 5,360 | 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 | 2,724 | 5,944 | 4,050 | 2,720 | 5,360 | 0 |
| Stock & work in progress | 6,324 | 48,503 | 49,676 | 46,210 | 13,396 | 25,517 |
| Trade Debtors | 48,378 | 36,580 | 5,560 | 42,720 | 22,703 | 0 |
| Group Debtors | 5,902 | 11,326 | 22,139 | 23,440 | 77,499 | 0 |
| Misc Debtors | 8,202 | 20,899 | 9,434 | 16,142 | 967 | 100 |
| Cash | 108,354 | 112,748 | 60,348 | 71,624 | 49,931 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 177,160 | 230,056 | 147,157 | 200,136 | 164,496 | 25,617 |
| total assets | 179,884 | 236,000 | 151,207 | 202,856 | 169,856 | 25,617 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8 | 2,306 | 32,047 | 1,020 | 3,237 | 0 |
| Group/Directors Accounts | 175,985 | 246,941 | 143,504 | 212,540 | 132,839 | 25,386 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 21,336 | 15,660 | 850 | 1,000 | 7,073 | 400 |
| total current liabilities | 197,329 | 264,907 | 176,401 | 214,560 | 143,149 | 25,786 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 197,329 | 264,907 | 176,401 | 214,560 | 143,149 | 25,786 |
| net assets | -17,445 | -28,907 | -25,194 | -11,704 | 26,707 | -169 |
| total shareholders funds | -17,445 | -28,907 | -25,194 | -11,704 | 26,707 | -169 |
| Nov 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 3,220 | 1,760 | 3,369 | 2,640 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | -42,179 | -1,173 | 3,466 | 32,814 | -12,121 | 25,517 |
| Debtors | -6,323 | 31,672 | -45,169 | -18,867 | 101,069 | 100 |
| Creditors | -2,298 | -29,741 | 31,027 | -2,217 | 3,237 | 0 |
| Accruals and Deferred Income | 5,676 | 14,810 | -150 | -6,073 | 6,673 | 400 |
| 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 | -70,956 | 103,437 | -69,036 | 79,701 | 107,453 | 25,386 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -4,394 | 52,400 | -11,276 | 21,693 | 49,931 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,394 | 52,400 | -11,276 | 21,693 | 49,931 | 0 |
ttt london limited Credit Report and Business Information
Ttt London Limited Competitor Analysis
Perform a competitor analysis for ttt london 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 EC1M area or any other competitors across 12 key performance metrics.
ttt london limited Ownership
TTT LONDON LIMITED group structure
Ttt London Limited has no subsidiary companies.
Ultimate parent company
TTT LONDON LIMITED
10965758
ttt london limited directors
Ttt London Limited currently has 3 directors. The longest serving directors include Mr Levent Tanju (Sep 2017) and Mr William Bankhead (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Levent Tanju | England | 42 years | Sep 2017 | - | Director |
| Mr William Bankhead | England | 52 years | Sep 2017 | - | Director |
| Mr Gareth Skewis | England | 47 years | Sep 2017 | - | Director |
P&L
November 2023turnover
534.6k
+45%
operating profit
9.8k
0%
gross margin
50.9%
+4.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-17.4k
-0.4%
total assets
179.9k
-0.24%
cash
108.4k
-0.04%
net assets
Total assets minus all liabilities
Similar Companies
ttt london limited company details
company number
10965758
Type
Private limited with Share Capital
industry
47710 - Retail sale of clothing in specialised stores
incorporation date
September 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
ROBERTS ACCOUNTANCY & TAX LIMITED
auditor
-
address
4th floor 100 st. john street, london, EC1M 4EH
Bank
-
Legal Advisor
-
ttt london 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 ttt london limited.
ttt london limited Companies House Filings - See Documents
| date | description | view/download |
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