tidyco group ltd
tidyco group ltd Company Information
Company Number
11390962
Website
tidyco.co.ukRegistered Address
unit 2, pentagon island, nottingham road, derby, DE21 6BW
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
441332851300
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
david william tidy 77.8%
james peter tidy 14.6%
View Alltidyco group ltd Estimated Valuation
Pomanda estimates the enterprise value of TIDYCO GROUP LTD at £22.4m based on a Turnover of £11.3m and 1.98x industry multiple (adjusted for size and gross margin).
tidyco group ltd Estimated Valuation
Pomanda estimates the enterprise value of TIDYCO GROUP LTD at £18.6m based on an EBITDA of £2.5m and a 7.6x industry multiple (adjusted for size and gross margin).
tidyco group ltd Estimated Valuation
Pomanda estimates the enterprise value of TIDYCO GROUP LTD at £16m based on Net Assets of £8.6m and 1.86x industry multiple (adjusted for liquidity).
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Tidyco Group Ltd Overview
Tidyco Group Ltd is a live company located in derby, DE21 6BW with a Companies House number of 11390962. 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 david william tidy with a 77.8% stake. Tidyco Group Ltd is a young, mid sized company, Pomanda has estimated its turnover at £11.3m with healthy growth in recent years.
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Tidyco Group Ltd Health Check
Pomanda's financial health check has awarded Tidyco Group Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £11.3m, make it smaller than the average company (£18.1m)
£11.3m - Tidyco Group Ltd
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.2%)
10% - Tidyco Group Ltd
7.2% - Industry AVG
Production
with a gross margin of 58.1%, this company has a lower cost of product (35.1%)
58.1% - Tidyco Group Ltd
35.1% - Industry AVG
Profitability
an operating margin of 19.2% make it more profitable than the average company (5%)
19.2% - Tidyco Group Ltd
5% - Industry AVG
Employees
with 71 employees, this is below the industry average (105)
71 - Tidyco Group Ltd
105 - Industry AVG
Pay Structure
on an average salary of £43.6k, the company has an equivalent pay structure (£41.8k)
£43.6k - Tidyco Group Ltd
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £159.3k, this is equally as efficient (£179.8k)
£159.3k - Tidyco Group Ltd
£179.8k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (46 days)
97 days - Tidyco Group Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 185 days, this is slower than average (46 days)
185 days - Tidyco Group Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 176 days, this is more than average (37 days)
176 days - Tidyco Group Ltd
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (15 weeks)
40 weeks - Tidyco Group Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.5%, this is a lower level of debt than the average (69.1%)
32.5% - Tidyco Group Ltd
69.1% - Industry AVG
TIDYCO GROUP LTD financials
Tidyco Group Ltd's latest turnover from March 2023 is £11.3 million and the company has net assets of £8.6 million. According to their latest financial statements, Tidyco Group Ltd has 71 employees and maintains cash reserves of £3.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Turnover | 11,309,344 | 9,493,316 | 8,734,876 | 8,600,544 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 4,736,288 | 3,950,885 | 3,880,252 | 3,763,074 | |
| Gross Profit | 6,573,056 | 5,542,431 | 4,854,624 | 4,837,470 | |
| Admin Expenses | 4,402,872 | 3,746,171 | 3,176,095 | 3,643,603 | |
| Operating Profit | 2,170,184 | 1,796,260 | 1,678,529 | 1,193,867 | |
| Interest Payable | 0 | 0 | 0 | 0 | |
| Interest Receivable | 5,796 | 317 | 3,502 | 8,518 | |
| Pre-Tax Profit | 2,130,139 | 1,815,533 | 1,733,735 | 1,202,385 | |
| Tax | -275,640 | -355,586 | -264,126 | -195,511 | |
| Profit After Tax | 1,854,499 | 1,459,947 | 1,469,609 | 1,006,874 | |
| Dividends Paid | 0 | 452,876 | 420,065 | 319,971 | |
| Retained Profit | 1,854,499 | 1,007,071 | 1,049,544 | 686,903 | |
| Employee Costs | 3,096,383 | 2,765,072 | 2,588,053 | 2,774,470 | |
| Number Of Employees | 71 | 69 | 68 | 71 | |
| EBITDA* | 2,453,230 | 1,967,718 | 1,850,154 | 1,368,065 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,522,375 | 1,383,460 | 903,052 | 965,126 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,021,073 | 1,486,914 | 847,958 | 100,000 | 985 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,543,448 | 2,870,374 | 1,751,010 | 1,065,126 | 985 |
| Stock & work in progress | 2,284,643 | 1,476,164 | 1,441,768 | 1,320,479 | 0 |
| Trade Debtors | 3,030,024 | 2,523,851 | 1,750,569 | 2,053,394 | 330 |
| Group Debtors | 597,140 | 548,877 | 530,944 | 560,874 | 0 |
| Misc Debtors | 198,317 | 203,366 | 227,310 | 151,303 | 0 |
| Cash | 3,068,789 | 2,437,286 | 2,777,532 | 2,557,306 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,178,913 | 7,189,544 | 6,728,123 | 6,643,356 | 330 |
| total assets | 12,722,361 | 10,059,918 | 8,479,133 | 7,708,482 | 1,315 |
| Bank overdraft | 0 | 0 | 1,291 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,409,403 | 1,261,281 | 965,907 | 1,409,757 | 0 |
| Group/Directors Accounts | 89,030 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,438,438 | 1,315,052 | 1,085,753 | 920,697 | 0 |
| total current liabilities | 3,936,871 | 2,576,333 | 2,052,951 | 2,330,454 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 33,189 | 50,332 | 0 | 4,738 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 166,000 | 64,651 | 64,651 | 61,303 | 0 |
| total long term liabilities | 199,189 | 114,983 | 64,651 | 66,041 | 0 |
| total liabilities | 4,136,060 | 2,691,316 | 2,117,602 | 2,396,495 | 0 |
| net assets | 8,586,301 | 7,368,602 | 6,361,531 | 5,311,987 | 1,315 |
| total shareholders funds | 8,586,301 | 7,368,602 | 6,361,531 | 5,311,987 | 1,315 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 2,170,184 | 1,796,260 | 1,678,529 | 1,193,867 | |
| Depreciation | 283,046 | 171,458 | 171,625 | 174,198 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | -275,640 | -355,586 | -264,126 | -195,511 | |
| Stock | 808,479 | 34,396 | 121,289 | 1,320,479 | 0 |
| Debtors | 549,387 | 767,271 | -256,748 | 2,765,241 | 330 |
| Creditors | 1,148,122 | 295,374 | -443,850 | 1,409,757 | 0 |
| Accruals and Deferred Income | 106,243 | 279,631 | 160,318 | 925,435 | 0 |
| Deferred Taxes & Provisions | 101,349 | 0 | 3,348 | 61,303 | 0 |
| Cash flow from operations | 2,175,438 | 1,385,470 | 1,441,303 | -516,671 | |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | 0 | |
| Change in Investments | 534,159 | 638,956 | 747,958 | 99,015 | 985 |
| cash flow from investments | -534,159 | -638,956 | -747,958 | -99,015 | |
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 89,030 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | 5,796 | 317 | 3,502 | 8,518 | |
| cash flow from financing | -541,974 | 317 | 3,502 | 4,632,287 | |
| cash and cash equivalents | |||||
| cash | 631,503 | -340,246 | 220,226 | 2,557,306 | 0 |
| overdraft | 0 | -1,291 | 1,291 | 0 | 0 |
| change in cash | 631,503 | -338,955 | 218,935 | 2,557,306 | 0 |
tidyco group ltd Credit Report and Business Information
Tidyco Group Ltd Competitor Analysis
Perform a competitor analysis for tidyco group ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in DE21 area or any other competitors across 12 key performance metrics.
tidyco group ltd Ownership
TIDYCO GROUP LTD group structure
Tidyco Group Ltd has 1 subsidiary company.
tidyco group ltd directors
Tidyco Group Ltd currently has 2 directors. The longest serving directors include Mr James Tidy (May 2018) and Mr David Tidy (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Tidy | 51 years | May 2018 | - | Director | |
| Mr David Tidy | England | 77 years | May 2018 | - | Director |
P&L
March 2023turnover
11.3m
+19%
operating profit
2.2m
+21%
gross margin
58.2%
-0.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
8.6m
+0.17%
total assets
12.7m
+0.26%
cash
3.1m
+0.26%
net assets
Total assets minus all liabilities
Similar Companies
tidyco group ltd company details
company number
11390962
Type
Private 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
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
DAINS AUDIT LIMITED
address
unit 2, pentagon island, nottingham road, derby, DE21 6BW
Bank
-
Legal Advisor
-
tidyco group 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 tidyco group ltd.
tidyco group ltd Companies House Filings - See Documents
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