tlc technology ltd
tlc technology ltd Company Information
Company Number
10996066
Website
www.tlctechnologies.netRegistered Address
42 lytton road, barnet, EN5 5BY
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
-
Next Accounts Due
July 2024
Group Structure
View All
Directors
Calvin Goom5 Years
Shareholders
calvin paul wesley goom 100%
tlc technology ltd Estimated Valuation
Pomanda estimates the enterprise value of TLC TECHNOLOGY LTD at £31.8k based on a Turnover of £190.5k and 0.17x industry multiple (adjusted for size and gross margin).
tlc technology ltd Estimated Valuation
Pomanda estimates the enterprise value of TLC TECHNOLOGY LTD at £336.6k based on an EBITDA of £103.4k and a 3.26x industry multiple (adjusted for size and gross margin).
tlc technology ltd Estimated Valuation
Pomanda estimates the enterprise value of TLC TECHNOLOGY LTD at £130.7k based on Net Assets of £83k and 1.58x industry multiple (adjusted for liquidity).
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Tlc Technology Ltd Overview
Tlc Technology Ltd is a live company located in barnet, EN5 5BY with a Companies House number of 10996066. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in October 2017, it's largest shareholder is calvin paul wesley goom with a 100% stake. Tlc Technology Ltd is a young, micro sized company, Pomanda has estimated its turnover at £190.5k with declining growth in recent years.
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Tlc Technology Ltd Health Check
Pomanda's financial health check has awarded Tlc Technology Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £190.5k, make it smaller than the average company (£5.4m)
- Tlc Technology Ltd
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (2.4%)
- Tlc Technology Ltd
2.4% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Tlc Technology Ltd
26.4% - Industry AVG
Profitability
an operating margin of 53.5% make it more profitable than the average company (4.7%)
- Tlc Technology Ltd
4.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (28)
2 - Tlc Technology Ltd
28 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
- Tlc Technology Ltd
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £95.3k, this is less efficient (£165.9k)
- Tlc Technology Ltd
£165.9k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (50 days)
- Tlc Technology Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is close to average (11 days)
- Tlc Technology Ltd
11 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tlc Technology Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (14 weeks)
7 weeks - Tlc Technology Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.1%, this is a lower level of debt than the average (69.2%)
19.1% - Tlc Technology Ltd
69.2% - Industry AVG
tlc technology ltd Credit Report and Business Information
Tlc Technology Ltd Competitor Analysis
Perform a competitor analysis for tlc technology ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
tlc technology ltd Ownership
TLC TECHNOLOGY LTD group structure
Tlc Technology Ltd has no subsidiary companies.
Ultimate parent company
TLC TECHNOLOGY LTD
10996066
tlc technology ltd directors
Tlc Technology Ltd currently has 1 director, Mr Calvin Goom serving since Mar 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Calvin Goom | 56 years | Mar 2019 | - | Director |
TLC TECHNOLOGY LTD financials
Tlc Technology Ltd's latest turnover from October 2022 is estimated at £190.5 thousand and the company has net assets of £83 thousand. According to their latest financial statements, Tlc Technology Ltd has 2 employees and maintains cash reserves of £2.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 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 | 2 | 4 | 5 | 4 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 4,530 | 6,039 | 8,053 | 10,736 | 11,807 |
| Intangible Assets | 0 | 0 | 0 | 5,468 | 6,161 |
| Investments & Other | 0 | 398 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,530 | 6,437 | 8,053 | 16,204 | 17,968 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 24,421 | 37,481 | 63,097 | 72,544 | 181,387 |
| Group Debtors | 0 | 0 | 0 | 0 | 325 |
| Misc Debtors | 71,023 | 201,192 | 201,754 | 41,979 | 26,676 |
| Cash | 2,672 | 1,511 | 32,774 | 4,558 | 85,094 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 98,116 | 240,184 | 297,625 | 119,081 | 293,482 |
| total assets | 102,646 | 246,621 | 305,678 | 135,285 | 311,450 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,231 | 6,852 | 61,008 | 28,251 | 90,558 |
| Group/Directors Accounts | 0 | 192,489 | 157,149 | 77,613 | 4,675 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 14,279 | 45,676 | 36,064 | 21,272 | 98,489 |
| total current liabilities | 18,510 | 245,017 | 254,221 | 127,136 | 193,722 |
| loans | 0 | 0 | 48,828 | 0 | 117,688 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 47,282 | 0 |
| provisions | 1,132 | 1,147 | 2,437 | 3,079 | 0 |
| total long term liabilities | 1,132 | 1,147 | 51,265 | 50,361 | 117,688 |
| total liabilities | 19,642 | 246,164 | 305,486 | 177,497 | 311,410 |
| net assets | 83,004 | 457 | 192 | -42,212 | 40 |
| total shareholders funds | 83,004 | 457 | 192 | -42,212 | 40 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,509 | 2,014 | 2,683 | 3,264 | 633 |
| Amortisation | 0 | 0 | 5,468 | 693 | 770 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -143,229 | -26,178 | 150,328 | -93,865 | 208,388 |
| Creditors | -2,621 | -54,156 | 32,757 | -62,307 | 90,558 |
| Accruals and Deferred Income | -31,397 | 9,612 | 14,792 | -77,217 | 98,489 |
| Deferred Taxes & Provisions | -15 | -1,290 | -642 | 3,079 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | -398 | 398 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -192,489 | 35,340 | 79,536 | 72,938 | 4,675 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -48,828 | 48,828 | -117,688 | 117,688 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -47,282 | 47,282 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 1,161 | -31,263 | 28,216 | -80,536 | 85,094 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,161 | -31,263 | 28,216 | -80,536 | 85,094 |
P&L
October 2022turnover
190.5k
-41%
operating profit
101.9k
0%
gross margin
26.4%
+10.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
83k
+180.63%
total assets
102.6k
-0.58%
cash
2.7k
+0.77%
net assets
Total assets minus all liabilities
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tlc technology ltd company details
company number
10996066
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
October 2017
age
7
accounts
Total Exemption Full
ultimate parent company
previous names
tlc technology service ltd (July 2018)
ecr product & technology limited (July 2018)
incorporated
UK
address
42 lytton road, barnet, EN5 5BY
last accounts submitted
October 2022
tlc technology 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 found 2 charges/mortgages relating to tlc technology ltd. Currently there are 0 open charges and 2 have been satisfied in the past.
tlc technology ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
