ts specialist tax services ltd
ts specialist tax services ltd Company Information
Company Number
11525449
Next Accounts
Dec 2025
Shareholders
rigel group ltd
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
9 high street, wellington, somerset, TA21 8QT
Website
-ts specialist tax services ltd Estimated Valuation
Pomanda estimates the enterprise value of TS SPECIALIST TAX SERVICES LTD at £111.2k based on a Turnover of £176.5k and 0.63x industry multiple (adjusted for size and gross margin).
ts specialist tax services ltd Estimated Valuation
Pomanda estimates the enterprise value of TS SPECIALIST TAX SERVICES LTD at £0 based on an EBITDA of £-101.4k and a 4.21x industry multiple (adjusted for size and gross margin).
ts specialist tax services ltd Estimated Valuation
Pomanda estimates the enterprise value of TS SPECIALIST TAX SERVICES LTD at £0 based on Net Assets of £-77.6k and 2.35x industry multiple (adjusted for liquidity).
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Ts Specialist Tax Services Ltd Overview
Ts Specialist Tax Services Ltd is a live company located in somerset, TA21 8QT with a Companies House number of 11525449. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in August 2018, it's largest shareholder is rigel group ltd with a 100% stake. Ts Specialist Tax Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £176.5k with declining growth in recent years.
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Ts Specialist Tax Services Ltd Health Check
Pomanda's financial health check has awarded Ts Specialist Tax Services Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £176.5k, make it smaller than the average company (£1.7m)
- Ts Specialist Tax Services Ltd
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (8.6%)
- Ts Specialist Tax Services Ltd
8.6% - Industry AVG
Production
with a gross margin of 45.9%, this company has a comparable cost of product (45.9%)
- Ts Specialist Tax Services Ltd
45.9% - Industry AVG
Profitability
an operating margin of -75.4% make it less profitable than the average company (5.4%)
- Ts Specialist Tax Services Ltd
5.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (16)
2 - Ts Specialist Tax Services Ltd
16 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Ts Specialist Tax Services Ltd
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £88.2k, this is less efficient (£111.8k)
- Ts Specialist Tax Services Ltd
£111.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ts Specialist Tax Services Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (32 days)
- Ts Specialist Tax Services Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ts Specialist Tax Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (29 weeks)
0 weeks - Ts Specialist Tax Services Ltd
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 124.3%, this is a higher level of debt than the average (51.3%)
124.3% - Ts Specialist Tax Services Ltd
51.3% - Industry AVG
TS SPECIALIST TAX SERVICES LTD financials
Ts Specialist Tax Services Ltd's latest turnover from March 2024 is estimated at £176.5 thousand and the company has net assets of -£77.6 thousand. According to their latest financial statements, Ts Specialist Tax Services Ltd has 2 employees and maintains cash reserves of £5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 2 | 4 | 6 | 4 | 4 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 111,855 | 142,760 | 34,488 | 31,718 | 38,465 | 2,095 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 111,855 | 142,760 | 34,488 | 31,718 | 38,465 | 2,095 |
| Stock & work in progress | ||||||
| Trade Debtors | 58,443 | 43,071 | 102,155 | 29,509 | ||
| Group Debtors | 100 | 100 | 100 | 270,100 | 90,100 | |
| Misc Debtors | 201,847 | 201,837 | 6,341 | 12,962 | 6,830 | 1,344 |
| Cash | 5,007 | 20,895 | 75,751 | 48,006 | 257,055 | 18,132 |
| misc current assets | ||||||
| total current assets | 206,954 | 222,832 | 140,635 | 374,139 | 456,140 | 48,985 |
| total assets | 318,809 | 365,592 | 175,123 | 405,857 | 494,605 | 51,080 |
| Bank overdraft | 10,000 | 10,000 | 10,000 | 10,000 | ||
| Bank loan | ||||||
| Trade Creditors | 16,800 | 996 | 11,325 | 9,114 | 11,305 | 6,747 |
| Group/Directors Accounts | 265,353 | 78,309 | ||||
| other short term finances | ||||||
| hp & lease commitments | 12,552 | 12,553 | ||||
| other current liabilities | 22,456 | 114,093 | 84,059 | 50,857 | 157,125 | 29,535 |
| total current liabilities | 327,161 | 215,951 | 105,384 | 69,971 | 168,430 | 36,282 |
| loans | 11,667 | 21,667 | 31,667 | 37,500 | 50,000 | |
| hp & lease commitments | 57,584 | 70,137 | ||||
| Accruals and Deferred Income | ||||||
| other liabilities | 60,000 | |||||
| provisions | ||||||
| total long term liabilities | 69,251 | 91,804 | 31,667 | 37,500 | 110,000 | |
| total liabilities | 396,412 | 307,755 | 137,051 | 107,471 | 278,430 | 36,282 |
| net assets | -77,603 | 57,837 | 38,072 | 298,386 | 216,175 | 14,798 |
| total shareholders funds | -77,603 | 57,837 | 38,072 | 298,386 | 216,175 | 14,798 |
| Mar 2024 | Mar 2023 | Mar 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 31,673 | 10,567 | 11,496 | 10,574 | 12,821 | 698 |
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 10 | 137,053 | -261,249 | 127,048 | 168,232 | 30,853 |
| Creditors | 15,804 | -10,329 | 2,211 | -2,191 | 4,558 | 6,747 |
| Accruals and Deferred Income | -91,637 | 30,034 | 33,202 | -106,268 | 127,590 | 29,535 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 187,044 | 78,309 | ||||
| Other Short Term Loans | ||||||
| Long term loans | -10,000 | -10,000 | -5,833 | -12,500 | 50,000 | |
| Hire Purchase and Lease Commitments | -12,554 | 82,690 | ||||
| other long term liabilities | -60,000 | 60,000 | ||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -15,888 | -54,856 | 27,745 | -209,049 | 238,923 | 18,132 |
| overdraft | 10,000 | |||||
| change in cash | -15,888 | -54,856 | 27,745 | -219,049 | 238,923 | 18,132 |
ts specialist tax services ltd Credit Report and Business Information
Ts Specialist Tax Services Ltd Competitor Analysis
Perform a competitor analysis for ts specialist tax services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TA21 area or any other competitors across 12 key performance metrics.
ts specialist tax services ltd Ownership
TS SPECIALIST TAX SERVICES LTD group structure
Ts Specialist Tax Services Ltd has no subsidiary companies.
ts specialist tax services ltd directors
Ts Specialist Tax Services Ltd currently has 6 directors. The longest serving directors include Mr Wayne Cholewinski (Aug 2018) and Mr Wayne Cholewinski (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Wayne Cholewinski | England | 47 years | Aug 2018 | - | Director |
| Mr Wayne Cholewinski | England | 47 years | Aug 2018 | - | Director |
| Mr Matthew Parrett | United Kingdom | 60 years | Aug 2018 | - | Director |
| Mr Matthew Parrett | England | 60 years | Aug 2018 | - | Director |
| Mrs Lyndsey James | United Kingdom | 45 years | Dec 2024 | - | Director |
| Mrs Tamara Harrison | England | 55 years | Dec 2024 | - | Director |
P&L
March 2024turnover
176.5k
-36%
operating profit
-133.1k
0%
gross margin
45.9%
+3.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-77.6k
-2.34%
total assets
318.8k
-0.13%
cash
5k
-0.76%
net assets
Total assets minus all liabilities
ts specialist tax services ltd company details
company number
11525449
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
August 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
tsp specialist tax services ltd (December 2024)
r & d tax shop ltd (October 2024)
accountant
-
auditor
-
address
9 high street, wellington, somerset, TA21 8QT
Bank
-
Legal Advisor
-
ts specialist tax services 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 ts specialist tax services ltd.
ts specialist tax services 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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ts specialist tax services ltd Companies House Filings - See Documents
| date | description | view/download |
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