taptripco limited
taptripco limited Company Information
Company Number
11368452
Next Accounts
Sep 2025
Shareholders
tripstax technologies limited
Group Structure
View All
Industry
Business and domestic software development
Registered Address
the royals 353 altrincham road, wythenshawe, manchester, M22 4BJ
Website
taptrip.comtaptripco limited Estimated Valuation
Pomanda estimates the enterprise value of TAPTRIPCO LIMITED at £182.3k based on a Turnover of £213k and 0.86x industry multiple (adjusted for size and gross margin).
taptripco limited Estimated Valuation
Pomanda estimates the enterprise value of TAPTRIPCO LIMITED at £37k based on an EBITDA of £7k and a 5.29x industry multiple (adjusted for size and gross margin).
taptripco limited Estimated Valuation
Pomanda estimates the enterprise value of TAPTRIPCO LIMITED at £0 based on Net Assets of £-119k and 2.37x industry multiple (adjusted for liquidity).
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Taptripco Limited Overview
Taptripco Limited is a live company located in manchester, M22 4BJ with a Companies House number of 11368452. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2018, it's largest shareholder is tripstax technologies limited with a 100% stake. Taptripco Limited is a young, micro sized company, Pomanda has estimated its turnover at £213k with declining growth in recent years.
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Taptripco Limited Health Check
Pomanda's financial health check has awarded Taptripco Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £213k, make it smaller than the average company (£4.5m)
£213k - Taptripco Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (10.2%)
- Taptripco Limited
10.2% - Industry AVG
Production
with a gross margin of 72.1%, this company has a comparable cost of product (72.1%)
72.1% - Taptripco Limited
72.1% - Industry AVG
Profitability
an operating margin of -4.2% make it less profitable than the average company (3.4%)
-4.2% - Taptripco Limited
3.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (42)
3 - Taptripco Limited
42 - Industry AVG
Pay Structure
on an average salary of £49.7k, the company has a lower pay structure (£72.1k)
£49.7k - Taptripco Limited
£72.1k - Industry AVG
Efficiency
resulting in sales per employee of £71k, this is less efficient (£122.4k)
£71k - Taptripco Limited
£122.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Taptripco Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (41 days)
6 days - Taptripco Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Taptripco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Taptripco Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.6%, this is a higher level of debt than the average (62.7%)
141.6% - Taptripco Limited
62.7% - Industry AVG
TAPTRIPCO LIMITED financials
Taptripco Limited's latest turnover from December 2023 is £213 thousand and the company has net assets of -£119 thousand. According to their latest financial statements, Taptripco Limited has 3 employees and maintains cash reserves of £4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|---|
| Turnover | 213,000 | 261,000 | 180,000 | |||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | -9,000 | -363,000 | -1,164,000 | |||
| Interest Payable | 0 | 11,000 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | |||
| Pre-Tax Profit | -9,000 | -374,000 | -1,164,000 | |||
| Tax | 46,000 | 0 | 216,000 | |||
| Profit After Tax | 37,000 | -374,000 | -948,000 | |||
| Dividends Paid | 0 | 0 | 0 | |||
| Retained Profit | 37,000 | -374,000 | -948,000 | |||
| Employee Costs | 149,000 | 246,000 | 817,000 | |||
| Number Of Employees | 3 | 5 | 10 | 17 | 6 | 3 |
| EBITDA* | 7,000 | -352,000 | -1,143,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 3,000 | 13,000 | 21,000 | 23,114 | 11,870 | 4,734 |
| Intangible Assets | 47,000 | 53,000 | 57,000 | 63,672 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 50,000 | 66,000 | 78,000 | 86,786 | 11,870 | 4,734 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 230,000 | 52,800 | 105,596 | 109,903 |
| Group Debtors | 232,000 | 307,000 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 238,844 | 0 | 0 |
| Cash | 4,000 | 28,000 | 28,000 | 681,402 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 236,000 | 335,000 | 258,000 | 973,046 | 105,596 | 109,903 |
| total assets | 286,000 | 401,000 | 336,000 | 1,059,832 | 117,466 | 114,637 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,000 | 1,000 | 0 | 46,086 | 262,559 | 154,579 |
| Group/Directors Accounts | 338,000 | 496,000 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 66,000 | 60,000 | 2,244,000 | 203,364 | 0 | 0 |
| total current liabilities | 405,000 | 557,000 | 2,244,000 | 249,450 | 262,559 | 154,579 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 6,253 | 2,275 |
| other liabilities | 0 | 0 | 0 | 1,764,182 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 1,764,182 | 6,253 | 2,275 |
| total liabilities | 405,000 | 557,000 | 2,244,000 | 2,013,632 | 268,812 | 156,854 |
| net assets | -119,000 | -156,000 | -1,908,000 | -953,800 | -151,346 | -42,217 |
| total shareholders funds | -119,000 | -156,000 | -1,908,000 | -953,800 | -151,346 | -42,217 |
| Dec 2023 | Dec 2022 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -9,000 | -363,000 | -1,164,000 | |||
| Depreciation | 10,000 | 7,000 | 14,000 | |||
| Amortisation | 6,000 | 4,000 | 7,000 | |||
| Tax | 46,000 | 0 | 216,000 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -75,000 | 15,356 | -61,644 | 186,048 | -4,307 | 109,903 |
| Creditors | 0 | -45,086 | -46,086 | -216,473 | 107,980 | 154,579 |
| Accruals and Deferred Income | 6,000 | -143,364 | 2,040,636 | 197,111 | 3,978 | 2,275 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 134,000 | -555,806 | 1,129,194 | |||
| 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 | -158,000 | 496,000 | 0 | 0 | 0 | 0 |
| 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 | -1,764,182 | -1,764,182 | 1,764,182 | 0 | 0 |
| share issue | ||||||
| interest | 0 | -11,000 | 0 | |||
| cash flow from financing | -158,000 | -107,382 | -1,770,382 | |||
| cash and cash equivalents | ||||||
| cash | -24,000 | -653,402 | -653,402 | 681,402 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -24,000 | -653,402 | -653,402 | 681,402 | 0 | 0 |
taptripco limited Credit Report and Business Information
Taptripco Limited Competitor Analysis
Perform a competitor analysis for taptripco limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in M22 area or any other competitors across 12 key performance metrics.
taptripco limited Ownership
TAPTRIPCO LIMITED group structure
Taptripco Limited has no subsidiary companies.
Ultimate parent company
2 parents
TAPTRIPCO LIMITED
11368452
taptripco limited directors
Taptripco Limited currently has 2 directors. The longest serving directors include Mr Ian Sinderson (Jun 2020) and Mr Jack Ramsey (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Sinderson | United Kingdom | 62 years | Jun 2020 | - | Director |
| Mr Jack Ramsey | England | 37 years | Jul 2022 | - | Director |
P&L
December 2023turnover
213k
-18%
operating profit
-9k
-98%
gross margin
72.2%
+0.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-119k
-0.24%
total assets
286k
-0.29%
cash
4k
-0.86%
net assets
Total assets minus all liabilities
taptripco limited company details
company number
11368452
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
the royals 353 altrincham road, wythenshawe, manchester, M22 4BJ
Bank
-
Legal Advisor
-
taptripco 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 taptripco limited.
taptripco 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.
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taptripco limited Companies House Filings - See Documents
| date | description | view/download |
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