telcom group ltd
telcom group ltd Company Information
Company Number
11428641
Next Accounts
1 days late
Shareholders
gresham house (nominees) limited
shaun gibson
View AllGroup 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
northstar, 135-141, oldham street, manchester, M4 1LN
Website
telcom.uktelcom group ltd Estimated Valuation
Pomanda estimates the enterprise value of TELCOM GROUP LTD at £3.4m based on a Turnover of £4.9m and 0.68x industry multiple (adjusted for size and gross margin).
telcom group ltd Estimated Valuation
Pomanda estimates the enterprise value of TELCOM GROUP LTD at £0 based on an EBITDA of £-9.7m and a 2.86x industry multiple (adjusted for size and gross margin).
telcom group ltd Estimated Valuation
Pomanda estimates the enterprise value of TELCOM GROUP LTD at £0 based on Net Assets of £-25.6m and 1.31x industry multiple (adjusted for liquidity).
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Telcom Group Ltd Overview
Telcom Group Ltd is a live company located in manchester, M4 1LN with a Companies House number of 11428641. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in June 2018, it's largest shareholder is gresham house (nominees) limited with a 86.2% stake. Telcom Group Ltd is a young, small sized company, Pomanda has estimated its turnover at £4.9m with rapid growth in recent years.
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Telcom Group Ltd Health Check
Pomanda's financial health check has awarded Telcom Group Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 8 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
8 Weak
Size
annual sales of £4.9m, make it smaller than the average company (£18.6m)
£4.9m - Telcom Group Ltd
£18.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 77%, show it is growing at a faster rate (8.2%)
- Telcom Group Ltd
8.2% - Industry AVG
Production
with a gross margin of 5.5%, this company has a higher cost of product (34.8%)
5.5% - Telcom Group Ltd
34.8% - Industry AVG
Profitability
an operating margin of -259.6% make it less profitable than the average company (4.7%)
-259.6% - Telcom Group Ltd
4.7% - Industry AVG
Employees
with 222 employees, this is above the industry average (104)
222 - Telcom Group Ltd
104 - Industry AVG
Pay Structure
on an average salary of £33.5k, the company has a lower pay structure (£42.5k)
£33.5k - Telcom Group Ltd
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £22.2k, this is less efficient (£184.8k)
£22.2k - Telcom Group Ltd
£184.8k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (46 days)
64 days - Telcom Group Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 194 days, this is slower than average (45 days)
194 days - Telcom Group Ltd
45 days - Industry AVG
Stock Days
it holds stock equivalent to 243 days, this is more than average (39 days)
243 days - Telcom Group Ltd
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (14 weeks)
4 weeks - Telcom Group Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 188.4%, this is a higher level of debt than the average (69.2%)
188.4% - Telcom Group Ltd
69.2% - Industry AVG
TELCOM GROUP LTD financials
Telcom Group Ltd's latest turnover from June 2023 is £4.9 million and the company has net assets of -£25.6 million. According to their latest financial statements, Telcom Group Ltd has 222 employees and maintains cash reserves of £788.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Turnover | 4,918,084 | 3,977,716 | |||
| Other Income Or Grants | |||||
| Cost Of Sales | 4,646,541 | 2,547,540 | |||
| Gross Profit | 271,543 | 1,430,176 | |||
| Admin Expenses | 13,040,639 | 8,326,139 | |||
| Operating Profit | -12,769,096 | -6,895,963 | |||
| Interest Payable | 3,697,264 | 1,052,990 | |||
| Interest Receivable | |||||
| Pre-Tax Profit | -16,466,360 | -7,948,953 | |||
| Tax | -100 | 43,716 | |||
| Profit After Tax | -16,466,460 | -7,905,237 | |||
| Dividends Paid | |||||
| Retained Profit | -16,466,460 | -7,905,237 | |||
| Employee Costs | 7,445,905 | 4,908,609 | |||
| Number Of Employees | 222 | 160 | 10 | 6 | |
| EBITDA* | -9,697,839 | -6,469,220 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 21,371,410 | 8,733,553 | |||
| Intangible Assets | 485,991 | ||||
| Investments & Other | 11,960 | 11,960 | |||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 21,857,401 | 8,733,553 | 11,960 | 11,960 | |
| Stock & work in progress | 3,099,367 | 1,519,761 | |||
| Trade Debtors | 863,592 | 635,119 | |||
| Group Debtors | 1,163,671 | 942,260 | |||
| Misc Debtors | 2,378,608 | 2,185,949 | 118 | 118 | |
| Cash | 788,572 | 4,289,000 | 3,374,768 | 10,000 | |
| misc current assets | |||||
| total current assets | 7,130,139 | 8,629,829 | 4,538,557 | 952,378 | |
| total assets | 28,987,540 | 17,363,382 | 4,550,517 | 964,338 | |
| Bank overdraft | 1,654 | ||||
| Bank loan | 51,727 | 50,700 | |||
| Trade Creditors | 2,480,231 | 2,379,636 | |||
| Group/Directors Accounts | 616,883 | 291,201 | |||
| other short term finances | 9,527 | 89,758 | |||
| hp & lease commitments | 52,932 | 150,985 | |||
| other current liabilities | 6,475,009 | 2,859,420 | 164,148 | 1,750 | |
| total current liabilities | 9,059,899 | 5,442,395 | 790,558 | 382,709 | |
| loans | 45,506,595 | 20,900,877 | 6,543,624 | 470,809 | |
| hp & lease commitments | 45,021 | 177,625 | |||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 45,551,616 | 21,078,502 | 6,543,624 | 470,809 | |
| total liabilities | 54,611,515 | 26,520,897 | 7,334,182 | 853,518 | |
| net assets | -25,623,975 | -9,157,515 | -2,783,665 | 110,820 | |
| total shareholders funds | -25,623,975 | -9,157,515 | -2,783,665 | 110,820 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -12,769,096 | -6,895,963 | |||
| Depreciation | 3,046,906 | 426,743 | |||
| Amortisation | 24,351 | ||||
| Tax | -100 | 43,716 | |||
| Stock | 1,579,606 | 1,519,761 | |||
| Debtors | 421,132 | 1,657,279 | 221,411 | 942,378 | |
| Creditors | 100,595 | 2,379,636 | |||
| Accruals and Deferred Income | 3,615,589 | 2,695,272 | 162,398 | 1,750 | |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | -7,982,493 | -4,527,636 | |||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | -11,960 | 11,960 | |||
| cash flow from investments | 11,960 | ||||
| Financing Activities | |||||
| Bank loans | 1,027 | 50,700 | |||
| Group/Directors Accounts | -616,883 | 325,682 | 291,201 | ||
| Other Short Term Loans | -9,527 | -80,231 | 89,758 | ||
| Long term loans | 24,605,718 | 14,357,253 | 6,072,815 | 470,809 | |
| Hire Purchase and Lease Commitments | -230,657 | 328,610 | |||
| other long term liabilities | |||||
| share issue | |||||
| interest | -3,697,264 | -1,052,990 | |||
| cash flow from financing | 20,678,824 | 14,588,550 | |||
| cash and cash equivalents | |||||
| cash | -3,500,428 | 914,232 | 3,364,768 | 10,000 | |
| overdraft | -1,654 | 1,654 | |||
| change in cash | -3,498,774 | 912,578 | 3,364,768 | 10,000 |
telcom group ltd Credit Report and Business Information
Telcom Group Ltd Competitor Analysis
Perform a competitor analysis for telcom group ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in M 4 area or any other competitors across 12 key performance metrics.
telcom group ltd Ownership
TELCOM GROUP LTD group structure
Telcom Group Ltd has 8 subsidiary companies.
Ultimate parent company
TELCOM GROUP LTD
11428641
8 subsidiaries
telcom group ltd directors
Telcom Group Ltd currently has 10 directors. The longest serving directors include Mr Alistair Adams (Jun 2018) and Mr Thomas Seddon (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alistair Adams | England | 36 years | Jun 2018 | - | Director |
| Mr Thomas Seddon | England | 34 years | Jun 2018 | - | Director |
| Mr Thomas Seddon | United Kingdom | 34 years | Jun 2018 | - | Director |
| Mr Peter Bachman | England | 48 years | Jun 2021 | - | Director |
| Mr David McCabe | England | 59 years | Jun 2021 | - | Director |
| Mr Christopher Baldock | England | 70 years | Jun 2021 | - | Director |
| Mr Simon Adcock | United Kingdom | 49 years | Dec 2022 | - | Director |
| Mr Christopher Coulton | United Kingdom | 45 years | Dec 2023 | - | Director |
| Mr Andrew Tatlock | United Kingdom | 37 years | Jan 2024 | - | Director |
| Mr Elliott Mueller | England | 56 years | Apr 2024 | - | Director |
P&L
June 2023turnover
4.9m
+24%
operating profit
-12.8m
+85%
gross margin
5.6%
-84.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-25.6m
+1.8%
total assets
29m
+0.67%
cash
788.6k
-0.82%
net assets
Total assets minus all liabilities
telcom group ltd company details
company number
11428641
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
June 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
WILLIAMSON & CROFT AUDIT LTD
address
northstar, 135-141, oldham street, manchester, M4 1LN
Bank
-
Legal Advisor
-
telcom 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 found 5 charges/mortgages relating to telcom group ltd. Currently there are 4 open charges and 1 have been satisfied in the past.
telcom group 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.
Click to start generating capital raising & share issue transactions for TELCOM GROUP LTD. This can take several minutes, an email will notify you when this has completed.
telcom group ltd Companies House Filings - See Documents
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