tailrec limited
tailrec limited Company Information
Company Number
10987184
Website
-Registered Address
38 lambarde road, sevenoaks, TN13 3HU
Industry
Business and domestic software development
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Peter Colley6 Years
Shareholders
peter colley 100%
tailrec limited Estimated Valuation
Pomanda estimates the enterprise value of TAILREC LIMITED at £216.8k based on a Turnover of £339.7k and 0.64x industry multiple (adjusted for size and gross margin).
tailrec limited Estimated Valuation
Pomanda estimates the enterprise value of TAILREC LIMITED at £79.8k based on an EBITDA of £18.7k and a 4.26x industry multiple (adjusted for size and gross margin).
tailrec limited Estimated Valuation
Pomanda estimates the enterprise value of TAILREC LIMITED at £385.4k based on Net Assets of £162.8k and 2.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tailrec Limited Overview
Tailrec Limited is a live company located in sevenoaks, TN13 3HU with a Companies House number of 10987184. It operates in the business and domestic software development sector, SIC Code 62012. Founded in September 2017, it's largest shareholder is peter colley with a 100% stake. Tailrec Limited is a young, micro sized company, Pomanda has estimated its turnover at £339.7k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Tailrec Limited Health Check
Pomanda's financial health check has awarded Tailrec Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £339.7k, make it smaller than the average company (£3.4m)
- Tailrec Limited
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (9.1%)
- Tailrec Limited
9.1% - Industry AVG
Production
with a gross margin of 42.1%, this company has a higher cost of product (71.1%)
- Tailrec Limited
71.1% - Industry AVG
Profitability
an operating margin of 5.5% make it more profitable than the average company (4%)
- Tailrec Limited
4% - Industry AVG
Employees
with 1 employees, this is below the industry average (31)
1 - Tailrec Limited
31 - Industry AVG
Pay Structure
on an average salary of £66.7k, the company has an equivalent pay structure (£66.7k)
- Tailrec Limited
£66.7k - Industry AVG
Efficiency
resulting in sales per employee of £339.7k, this is more efficient (£113.8k)
- Tailrec Limited
£113.8k - Industry AVG
Debtor Days
it gets paid by customers after 189 days, this is later than average (61 days)
- Tailrec Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (40 days)
- Tailrec Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tailrec Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tailrec Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.5%, this is a lower level of debt than the average (60.2%)
7.5% - Tailrec Limited
60.2% - Industry AVG
TAILREC LIMITED financials
Tailrec Limited's latest turnover from August 2023 is estimated at £339.7 thousand and the company has net assets of £162.8 thousand. According to their latest financial statements, Tailrec Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Apr 2022 | Apr 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 | 1 | 1 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Apr 2022 | Apr 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 299 | 432 | 1,090 | 1,425 | 2,367 | 1,359 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 299 | 432 | 1,090 | 1,425 | 2,367 | 1,359 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 176,021 | 148,458 | 148,704 | 168,313 | 125,584 | 99,524 | 94,945 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 176,021 | 148,458 | 148,704 | 168,313 | 125,584 | 99,524 | 94,945 |
| total assets | 176,021 | 148,757 | 149,136 | 169,403 | 127,009 | 101,891 | 96,304 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 13,210 | 0 | 0 | 20,256 | 18,370 | 19,731 | 21,920 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 13,210 | 0 | 0 | 20,256 | 18,370 | 19,731 | 21,920 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 13,210 | 0 | 0 | 20,256 | 18,370 | 19,731 | 21,920 |
| net assets | 162,811 | 148,757 | 149,136 | 149,147 | 108,639 | 82,160 | 74,384 |
| total shareholders funds | 162,811 | 148,757 | 149,136 | 149,147 | 108,639 | 82,160 | 74,384 |
| Aug 2023 | Aug 2022 | Apr 2022 | Apr 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | ||||||
| Amortisation | 0 | ||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 27,563 | -19,855 | -19,609 | 42,729 | 26,060 | 4,579 | 94,945 |
| Creditors | 13,210 | -20,256 | -20,256 | 1,886 | -1,361 | -2,189 | 21,920 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
tailrec limited Credit Report and Business Information
Tailrec Limited Competitor Analysis
Perform a competitor analysis for tailrec limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in TN13 area or any other competitors across 12 key performance metrics.
tailrec limited Ownership
TAILREC LIMITED group structure
Tailrec Limited has no subsidiary companies.
Ultimate parent company
TAILREC LIMITED
10987184
tailrec limited directors
Tailrec Limited currently has 1 director, Mr Peter Colley serving since Sep 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Colley | England | 32 years | Sep 2017 | - | Director |
P&L
August 2023turnover
339.7k
+13%
operating profit
18.7k
0%
gross margin
42.2%
-4.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
162.8k
+0.09%
total assets
176k
+0.18%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
tailrec limited company details
company number
10987184
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
September 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
38 lambarde road, sevenoaks, TN13 3HU
accountant
-
auditor
-
tailrec 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 tailrec limited.
tailrec limited Companies House Filings - See Documents
| date | description | view/download |
|---|
