tekmar group plc
tekmar group plc Company Information
Company Number
11383143
Next Accounts
Mar 2025
Shareholders
kenneth terry
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
grindon way, aycliffe business park, newton aycliffe, DL5 6SH
Website
www.tekmar.co.uktekmar group plc Estimated Valuation
Pomanda estimates the enterprise value of TEKMAR GROUP PLC at £70.4m based on a Turnover of £39.9m and 1.77x industry multiple (adjusted for size and gross margin).
tekmar group plc Estimated Valuation
Pomanda estimates the enterprise value of TEKMAR GROUP PLC at £0 based on an EBITDA of £-2.5m and a 7.38x industry multiple (adjusted for size and gross margin).
tekmar group plc Estimated Valuation
Pomanda estimates the enterprise value of TEKMAR GROUP PLC at £45.2m based on Net Assets of £34.7m and 1.31x industry multiple (adjusted for liquidity).
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Tekmar Group Plc Overview
Tekmar Group Plc is a live company located in newton aycliffe, DL5 6SH with a Companies House number of 11383143. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2018, it's largest shareholder is kenneth terry with a 100% stake. Tekmar Group Plc is a young, large sized company, Pomanda has estimated its turnover at £39.9m with declining growth in recent years.
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Tekmar Group Plc Health Check
Pomanda's financial health check has awarded Tekmar Group Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £39.9m, make it larger than the average company (£18.9m)
£39.9m - Tekmar Group Plc
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (8.8%)
-1% - Tekmar Group Plc
8.8% - Industry AVG
Production
with a gross margin of 23.3%, this company has a higher cost of product (34.6%)
23.3% - Tekmar Group Plc
34.6% - Industry AVG
Profitability
an operating margin of -23.3% make it less profitable than the average company (4.7%)
-23.3% - Tekmar Group Plc
4.7% - Industry AVG
Employees
with 172 employees, this is above the industry average (102)
172 - Tekmar Group Plc
102 - Industry AVG
Pay Structure
on an average salary of £61.4k, the company has a higher pay structure (£42.8k)
£61.4k - Tekmar Group Plc
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £232k, this is more efficient (£186.2k)
£232k - Tekmar Group Plc
£186.2k - Industry AVG
Debtor Days
it gets paid by customers after 170 days, this is later than average (45 days)
170 days - Tekmar Group Plc
45 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (44 days)
52 days - Tekmar Group Plc
44 days - Industry AVG
Stock Days
it holds stock equivalent to 25 days, this is less than average (38 days)
25 days - Tekmar Group Plc
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (14 weeks)
16 weeks - Tekmar Group Plc
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.9%, this is a lower level of debt than the average (69%)
34.9% - Tekmar Group Plc
69% - Industry AVG
TEKMAR GROUP PLC financials
Tekmar Group Plc's latest turnover from September 2023 is £39.9 million and the company has net assets of £34.7 million. According to their latest financial statements, Tekmar Group Plc has 172 employees and maintains cash reserves of £5.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 39,908,000 | 30,191,000 | 47,034,000 | 40,943,000 | 28,082,000 | 21,891,000 |
| Other Income Or Grants | ||||||
| Cost Of Sales | 30,608,000 | 23,153,000 | 35,794,000 | 28,671,000 | 18,190,000 | 12,962,000 |
| Gross Profit | 9,300,000 | 7,038,000 | 11,240,000 | 12,272,000 | 9,892,000 | 8,929,000 |
| Admin Expenses | 18,590,000 | 11,599,000 | 16,673,000 | 10,227,000 | 6,987,000 | 5,121,000 |
| Operating Profit | -9,290,000 | -4,561,000 | -5,433,000 | 2,045,000 | 2,905,000 | 3,808,000 |
| Interest Payable | 637,000 | 685,000 | 402,000 | 170,000 | 1,066,000 | 4,192,000 |
| Interest Receivable | 4,000 | 18,000 | 5,000 | 84,000 | 147,000 | 4,000 |
| Pre-Tax Profit | -9,923,000 | -5,228,000 | -5,830,000 | 1,959,000 | 1,986,000 | -380,000 |
| Tax | -201,000 | 99,000 | 394,000 | 3,000 | 407,000 | 270,000 |
| Profit After Tax | -10,124,000 | -5,129,000 | -5,436,000 | 1,962,000 | 2,393,000 | -110,000 |
| Dividends Paid | ||||||
| Retained Profit | -10,124,000 | -5,129,000 | -5,436,000 | 1,962,000 | 2,393,000 | -110,000 |
| Employee Costs | 10,563,000 | 9,290,000 | 13,959,000 | 8,608,000 | 5,492,000 | 3,855,000 |
| Number Of Employees | 172 | 176 | 187 | 194 | 136 | 113 |
| EBITDA* | -2,545,000 | -2,080,000 | -1,751,000 | 4,131,000 | 4,189,000 | 4,824,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 5,550,000 | 5,883,000 | 5,698,000 | 5,892,000 | 5,501,000 | 1,578,000 |
| Intangible Assets | 20,625,000 | 24,564,000 | 25,307,000 | 26,294,000 | 21,837,000 | 20,005,000 |
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 26,175,000 | 30,447,000 | 31,005,000 | 32,186,000 | 27,338,000 | 21,583,000 |
| Stock & work in progress | 2,127,000 | 4,623,000 | 3,966,000 | 2,536,000 | 1,914,000 | 1,842,000 |
| Trade Debtors | 18,610,000 | 12,739,000 | 16,829,000 | 9,854,000 | 4,741,000 | 3,342,000 |
| Group Debtors | ||||||
| Misc Debtors | 1,124,000 | 636,000 | 1,142,000 | 16,965,000 | 14,796,000 | 5,414,000 |
| Cash | 5,219,000 | 8,496,000 | 3,482,000 | 2,130,000 | 4,190,000 | 2,617,000 |
| misc current assets | ||||||
| total current assets | 27,080,000 | 26,494,000 | 25,419,000 | 31,485,000 | 26,100,000 | 13,215,000 |
| total assets | 53,255,000 | 56,941,000 | 56,424,000 | 63,671,000 | 53,438,000 | 34,798,000 |
| Bank overdraft | ||||||
| Bank loan | 3,000,000 | |||||
| Trade Creditors | 4,396,000 | 4,181,000 | 5,845,000 | 7,597,000 | 6,187,000 | 2,929,000 |
| Group/Directors Accounts | ||||||
| other short term finances | 4,075,000 | |||||
| hp & lease commitments | 7,198,000 | 3,160,000 | 504,000 | 378,000 | ||
| other current liabilities | 5,467,000 | 5,514,000 | 3,543,000 | 8,460,000 | 3,208,000 | 3,736,000 |
| total current liabilities | 16,938,000 | 16,893,000 | 12,548,000 | 16,561,000 | 9,773,000 | 6,665,000 |
| loans | 1,668,000 | 388,000 | 6,366,000 | 620,000 | 974,000 | 65,042,000 |
| hp & lease commitments | 194,000 | 3,183,000 | 310,000 | 487,000 | ||
| Accruals and Deferred Income | 327,000 | |||||
| other liabilities | 331,000 | 345,000 | 355,000 | 358,000 | 5,430,000 | |
| provisions | 1,006,000 | 626,000 | 250,000 | 938,000 | 6,000 | |
| total long term liabilities | 1,664,000 | 838,000 | 3,653,000 | 1,134,000 | 848,000 | 37,951,000 |
| total liabilities | 18,602,000 | 17,731,000 | 16,201,000 | 17,695,000 | 10,621,000 | 44,616,000 |
| net assets | 34,653,000 | 39,210,000 | 40,223,000 | 45,976,000 | 42,817,000 | -9,818,000 |
| total shareholders funds | 34,653,000 | 39,210,000 | 40,223,000 | 45,976,000 | 42,817,000 | -9,818,000 |
| Sep 2023 | Sep 2022 | Sep 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -9,290,000 | -4,561,000 | -5,433,000 | 2,045,000 | 2,905,000 | 3,808,000 |
| Depreciation | 754,000 | 1,369,000 | 2,031,000 | 1,252,000 | 808,000 | 563,000 |
| Amortisation | 5,991,000 | 1,112,000 | 1,651,000 | 834,000 | 476,000 | 453,000 |
| Tax | -201,000 | 99,000 | 394,000 | 3,000 | 407,000 | 270,000 |
| Stock | -2,496,000 | 657,000 | 1,430,000 | 622,000 | 72,000 | 1,842,000 |
| Debtors | 6,359,000 | -4,596,000 | -8,848,000 | 7,282,000 | 10,781,000 | 8,756,000 |
| Creditors | 215,000 | -1,664,000 | -1,752,000 | 1,410,000 | 3,258,000 | 2,929,000 |
| Accruals and Deferred Income | 280,000 | 1,971,000 | -4,917,000 | 5,252,000 | -528,000 | 3,736,000 |
| Deferred Taxes & Provisions | 380,000 | 376,000 | -688,000 | 932,000 | 6,000 | |
| Cash flow from operations | -5,734,000 | 2,641,000 | -1,296,000 | 3,824,000 | -3,521,000 | 1,161,000 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 3,000,000 | |||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | 4,075,000 | |||||
| Long term loans | 1,280,000 | -5,978,000 | 5,746,000 | -354,000 | -64,068,000 | 65,042,000 |
| Hire Purchase and Lease Commitments | -7,392,000 | 1,049,000 | 5,529,000 | -51,000 | 865,000 | |
| other long term liabilities | -331,000 | -14,000 | -10,000 | -3,000 | -5,072,000 | 5,430,000 |
| share issue | ||||||
| interest | -633,000 | -667,000 | -397,000 | -86,000 | -919,000 | -4,188,000 |
| cash flow from financing | 5,566,000 | -1,494,000 | 10,551,000 | 703,000 | -18,952,000 | 56,576,000 |
| cash and cash equivalents | ||||||
| cash | -3,277,000 | 5,014,000 | 1,352,000 | -2,060,000 | 1,573,000 | 2,617,000 |
| overdraft | ||||||
| change in cash | -3,277,000 | 5,014,000 | 1,352,000 | -2,060,000 | 1,573,000 | 2,617,000 |
tekmar group plc Credit Report and Business Information
Tekmar Group Plc Competitor Analysis
Perform a competitor analysis for tekmar group plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in DL5 area or any other competitors across 12 key performance metrics.
tekmar group plc Ownership
TEKMAR GROUP PLC group structure
Tekmar Group Plc has 3 subsidiary companies.
Ultimate parent company
TEKMAR GROUP PLC
11383143
3 subsidiaries
tekmar group plc directors
Tekmar Group Plc currently has 8 directors. The longest serving directors include Mr David Wilkinson (May 2022) and Mr David Wilkinson (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Wilkinson | United Kingdom | 70 years | May 2022 | - | Director |
| Mr David Wilkinson | England | 70 years | May 2022 | - | Director |
| Mr Steve Lockard | England | 63 years | Apr 2023 | - | Director |
| Mr Colin Welsh | Scotland | 65 years | Apr 2023 | - | Director |
| Mrs Leanne Wilkinson | England | 47 years | Jun 2023 | - | Director |
| Mr David Kemp | Scotland | 55 years | Aug 2024 | - | Director |
| Mr Lars Krogsgaard | England | 58 years | Aug 2024 | - | Director |
| Mr Richard Turner | England | 46 years | Sep 2024 | - | Director |
P&L
September 2023turnover
39.9m
+32%
operating profit
-9.3m
+104%
gross margin
23.4%
-0.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
34.7m
-0.12%
total assets
53.3m
-0.06%
cash
5.2m
-0.39%
net assets
Total assets minus all liabilities
tekmar group plc company details
company number
11383143
Type
Public limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON UK LLP
address
grindon way, aycliffe business park, newton aycliffe, DL5 6SH
Bank
-
Legal Advisor
-
tekmar group plc 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 tekmar group plc. Currently there are 2 open charges and 0 have been satisfied in the past.
tekmar group plc 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.
Click to start generating capital raising & share issue transactions for TEKMAR GROUP PLC. This can take several minutes, an email will notify you when this has completed.
tekmar group plc Companies House Filings - See Documents
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