tettos import & export ltd

tettos import & export ltd Company Information

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YoungMicroDeclining

Company Number

11064497

Industry

Wholesale of fruit and vegetables

 

Directors

Salman Kurt

Shareholders

salman kurt

Group Structure

View All

Contact

Registered Address

313 highbury new park, london, N5 2LB

Website

-

tettos import & export ltd Estimated Valuation

£38.2k

Pomanda estimates the enterprise value of TETTOS IMPORT & EXPORT LTD at £38.2k based on a Turnover of £144.2k and 0.26x industry multiple (adjusted for size and gross margin).

tettos import & export ltd Estimated Valuation

£6.7k

Pomanda estimates the enterprise value of TETTOS IMPORT & EXPORT LTD at £6.7k based on an EBITDA of £2k and a 3.4x industry multiple (adjusted for size and gross margin).

tettos import & export ltd Estimated Valuation

£53.5k

Pomanda estimates the enterprise value of TETTOS IMPORT & EXPORT LTD at £53.5k based on Net Assets of £26.3k and 2.03x industry multiple (adjusted for liquidity).

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Tettos Import & Export Ltd Overview

Tettos Import & Export Ltd is a live company located in london, N5 2LB with a Companies House number of 11064497. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in November 2017, it's largest shareholder is salman kurt with a 100% stake. Tettos Import & Export Ltd is a young, micro sized company, Pomanda has estimated its turnover at £144.2k with declining growth in recent years.

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Tettos Import & Export Ltd Health Check

Pomanda's financial health check has awarded Tettos Import & Export Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £144.2k, make it smaller than the average company (£24.2m)

£144.2k - Tettos Import & Export Ltd

£24.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (6.2%)

-19% - Tettos Import & Export Ltd

6.2% - Industry AVG

production

Production

with a gross margin of 11.9%, this company has a comparable cost of product (11.9%)

11.9% - Tettos Import & Export Ltd

11.9% - Industry AVG

profitability

Profitability

an operating margin of 1.4% make it less profitable than the average company (2.5%)

1.4% - Tettos Import & Export Ltd

2.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (48)

1 - Tettos Import & Export Ltd

48 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)

£36.8k - Tettos Import & Export Ltd

£36.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £144.2k, this is less efficient (£434k)

£144.2k - Tettos Import & Export Ltd

£434k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Tettos Import & Export Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 3 days, this is quicker than average (34 days)

3 days - Tettos Import & Export Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tettos Import & Export Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (13 weeks)

42 weeks - Tettos Import & Export Ltd

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 13%, this is a lower level of debt than the average (60.3%)

13% - Tettos Import & Export Ltd

60.3% - Industry AVG

TETTOS IMPORT & EXPORT LTD financials

EXPORTms excel logo

Tettos Import & Export Ltd's latest turnover from November 2023 is estimated at £144.2 thousand and the company has net assets of £26.3 thousand. According to their latest financial statements, Tettos Import & Export Ltd has 1 employee and maintains cash reserves of £3.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Turnover144,218221,531249,928271,462163,68325,929
Other Income Or Grants000000
Cost Of Sales127,069195,904219,516242,696144,90223,249
Gross Profit17,14925,62730,41228,76718,7812,680
Admin Expenses15,16716,69340,19214,4714,407-1,576
Operating Profit1,9828,934-9,78014,29614,3744,256
Interest Payable332000
Interest Receivable3853687000
Pre-Tax Profit2,3649,299-9,77614,29614,3744,256
Tax-591-1,7670-2,716-2,731-809
Profit After Tax1,7737,532-9,77611,58011,6433,447
Dividends Paid000000
Retained Profit1,7737,532-9,77611,58011,6433,447
Employee Costs36,84134,33432,98632,41030,71732,581
Number Of Employees111111
EBITDA*1,9828,934-9,78014,29614,3744,256

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Tangible Assets000000
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets000000
Stock & work in progress000000
Trade Debtors09,38017,40035,42618,6064,232
Group Debtors25,86422,81413,639000
Misc Debtors1,18412,1847,457000
Cash3,16811,49713,009000
misc current assets001000
total current assets30,21655,87551,50635,42618,6064,232
total assets30,21655,87551,50635,42618,6064,232
Bank overdraft61069000
Bank loan000000
Trade Creditors 1,13924,38924,7658,7563,516785
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities2,7172,7165,434000
total current liabilities3,91727,10530,2688,7563,516785
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities04,2444,244000
provisions000000
total long term liabilities04,2444,244000
total liabilities3,91731,34934,5128,7563,516785
net assets26,29924,52616,99426,67015,0903,447
total shareholders funds26,29924,52616,99426,67015,0903,447
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Operating Activities
Operating Profit1,9828,934-9,78014,29614,3744,256
Depreciation000000
Amortisation000000
Tax-591-1,7670-2,716-2,731-809
Stock000000
Debtors-17,3305,8823,07016,82014,3744,232
Creditors-23,250-37616,0095,2402,731785
Accruals and Deferred Income1-2,7185,434000
Deferred Taxes & Provisions000000
Cash flow from operations-4,528-1,8098,593000
Investing Activities
capital expenditure000000
Change in Investments000000
cash flow from investments000000
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities-4,24404,244000
share issue00100000
interest3823655000
cash flow from financing-3,8623654,349000
cash and cash equivalents
cash-8,329-1,51213,009000
overdraft61-6969000
change in cash-8,390-1,44312,940000

tettos import & export ltd 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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Tettos Import & Export Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for tettos import & export ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in N 5 area or any other competitors across 12 key performance metrics.

tettos import & export ltd Ownership

TETTOS IMPORT & EXPORT LTD group structure

Tettos Import & Export Ltd has no subsidiary companies.

Ultimate parent company

TETTOS IMPORT & EXPORT LTD

11064497

TETTOS IMPORT & EXPORT LTD Shareholders

salman kurt 100%

tettos import & export ltd directors

Tettos Import & Export Ltd currently has 1 director, Mr Salman Kurt serving since Nov 2017.

officercountryagestartendrole
Mr Salman KurtEngland42 years Nov 2017- Director

P&L

November 2023

turnover

144.2k

-35%

operating profit

2k

0%

gross margin

11.9%

+2.79%

turnover

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

Balance Sheet

November 2023

net assets

26.3k

+0.07%

total assets

30.2k

-0.46%

cash

3.2k

-0.72%

net assets

Total assets minus all liabilities

tettos import & export ltd company details

company number

11064497

Type

Private limited with Share Capital

industry

46310 - Wholesale of fruit and vegetables

incorporation date

November 2017

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

November 2023

previous names

riverr property ltd (August 2023)

accountant

-

auditor

-

address

313 highbury new park, london, N5 2LB

Bank

-

Legal Advisor

-

tettos import & export 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 did not find charges/mortgages relating to tettos import & export ltd.

tettos import & export ltd 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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tettos import & export ltd Companies House Filings - See Documents

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