ts partners ltd
ts partners ltd Company Information
Company Number
11573846
Next Accounts
Dec 2025
Shareholders
rigel group limited
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
9 high street, wellington, somerset, TA21 8QT
Website
https://www.tspartners.co.ukts partners ltd Estimated Valuation
Pomanda estimates the enterprise value of TS PARTNERS LTD at £1.2m based on a Turnover of £1.2m and 1.03x industry multiple (adjusted for size and gross margin).
ts partners ltd Estimated Valuation
Pomanda estimates the enterprise value of TS PARTNERS LTD at £2.7m based on an EBITDA of £405.7k and a 6.61x industry multiple (adjusted for size and gross margin).
ts partners ltd Estimated Valuation
Pomanda estimates the enterprise value of TS PARTNERS LTD at £2.9m based on Net Assets of £959k and 3.02x industry multiple (adjusted for liquidity).
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Ts Partners Ltd Overview
Ts Partners Ltd is a live company located in somerset, TA21 8QT with a Companies House number of 11573846. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in September 2018, it's largest shareholder is rigel group limited with a 100% stake. Ts Partners Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.
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Ts Partners Ltd Health Check
Pomanda's financial health check has awarded Ts Partners Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £1.2m, make it larger than the average company (£181.4k)
- Ts Partners Ltd
£181.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (8.3%)
- Ts Partners Ltd
8.3% - Industry AVG
Production
with a gross margin of 93.5%, this company has a comparable cost of product (93.5%)
- Ts Partners Ltd
93.5% - Industry AVG
Profitability
an operating margin of 30.8% make it more profitable than the average company (10.7%)
- Ts Partners Ltd
10.7% - Industry AVG
Employees
with 25 employees, this is above the industry average (3)
25 - Ts Partners Ltd
3 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- Ts Partners Ltd
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £46.2k, this is less efficient (£76.4k)
- Ts Partners Ltd
£76.4k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is earlier than average (78 days)
- Ts Partners Ltd
78 days - Industry AVG
Creditor Days
its suppliers are paid after 149 days, this is slower than average (21 days)
- Ts Partners Ltd
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ts Partners Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is average cash available to meet short term requirements (32 weeks)
29 weeks - Ts Partners Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.5%, this is a lower level of debt than the average (50.8%)
37.5% - Ts Partners Ltd
50.8% - Industry AVG
TS PARTNERS LTD financials
Ts Partners Ltd's latest turnover from March 2024 is estimated at £1.2 million and the company has net assets of £959 thousand. According to their latest financial statements, Ts Partners Ltd has 25 employees and maintains cash reserves of £287.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 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 | 25 | 23 | 16 | 19 | 14 | 10 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 91,073 | 108,568 | 7,615 | 6,707 | 7,133 | 2,438 |
| Intangible Assets | 440,827 | 465,319 | 170,000 | |||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 531,900 | 573,887 | 177,615 | 6,707 | 7,133 | 2,438 |
| Stock & work in progress | ||||||
| Trade Debtors | 191,601 | 181,131 | 141,156 | 347,384 | 259,481 | 167,947 |
| Group Debtors | 60,297 | 28,375 | 2,798 | 1,675 | ||
| Misc Debtors | 463,903 | 148,933 | 88,850 | 5,329 | 5,185 | 40,033 |
| Cash | 287,618 | 260,425 | 199,005 | 402,680 | 137,350 | 26,686 |
| misc current assets | ||||||
| total current assets | 1,003,419 | 618,864 | 431,809 | 757,068 | 402,016 | 234,666 |
| total assets | 1,535,319 | 1,192,751 | 609,424 | 763,775 | 409,149 | 237,104 |
| Bank overdraft | 10,000 | 10,000 | 10,002 | |||
| Bank loan | ||||||
| Trade Creditors | 30,649 | 38,941 | 75,237 | 123,722 | 11,294 | 1,434 |
| Group/Directors Accounts | 2,417 | 3,710 | 3,410 | |||
| other short term finances | 20,694 | 2,512 | 17,369 | 12,974 | ||
| hp & lease commitments | 11,888 | 11,888 | ||||
| other current liabilities | 433,375 | 353,316 | 125,552 | 295,657 | 240,712 | 131,889 |
| total current liabilities | 506,606 | 416,657 | 210,791 | 439,165 | 268,690 | 136,733 |
| loans | 11,667 | 21,667 | 31,667 | 50,000 | ||
| hp & lease commitments | 58,029 | 69,917 | ||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 69,696 | 91,584 | 31,667 | 50,000 | ||
| total liabilities | 576,302 | 508,241 | 242,458 | 489,165 | 268,690 | 136,733 |
| net assets | 959,017 | 684,510 | 366,966 | 274,610 | 140,459 | 100,371 |
| total shareholders funds | 959,017 | 684,510 | 366,966 | 274,610 | 140,459 | 100,371 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 25,247 | 14,056 | 2,539 | 2,236 | 2,378 | 813 |
| Amortisation | 24,492 | 6,491 | ||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 357,362 | 125,635 | -121,584 | 89,722 | 56,686 | 207,980 |
| Creditors | -8,292 | -36,296 | -48,485 | 112,428 | 9,860 | 1,434 |
| Accruals and Deferred Income | 80,059 | 227,764 | -170,105 | 54,945 | 108,823 | 131,889 |
| 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 | -2,417 | -1,293 | 300 | 3,410 | ||
| Other Short Term Loans | 18,182 | 2,512 | -17,369 | 4,395 | 12,974 | |
| Long term loans | -10,000 | -10,000 | -18,333 | 50,000 | ||
| Hire Purchase and Lease Commitments | -11,888 | 81,805 | ||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 27,193 | 61,420 | -203,675 | 265,330 | 110,664 | 26,686 |
| overdraft | -2 | 10,002 | ||||
| change in cash | 27,193 | 61,422 | -213,677 | 265,330 | 110,664 | 26,686 |
ts partners ltd Credit Report and Business Information
Ts Partners Ltd Competitor Analysis
Perform a competitor analysis for ts partners ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in TA21 area or any other competitors across 12 key performance metrics.
ts partners ltd Ownership
TS PARTNERS LTD group structure
Ts Partners Ltd has no subsidiary companies.
Ultimate parent company
TS PARTNERS LTD
11573846
ts partners ltd directors
Ts Partners Ltd currently has 7 directors. The longest serving directors include Mr Matthew Parrett (Sep 2018) and Mr Matthew Parrett (Sep 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Parrett | England | 60 years | Sep 2018 | - | Director |
| Mr Matthew Parrett | United Kingdom | 60 years | Sep 2018 | - | Director |
| Mr Wayne Cholewinski | England | 47 years | May 2020 | - | Director |
| Mr Wayne Cholewinski | England | 47 years | May 2020 | - | Director |
| Mr Wayne Cholewinski | United Kingdom | 47 years | May 2020 | - | Director |
| Mrs Lyndsey James | United Kingdom | 45 years | Dec 2024 | - | Director |
| Mr Muhammad Afzal | England | 35 years | Dec 2024 | - | Director |
P&L
March 2024turnover
1.2m
+9%
operating profit
355.9k
0%
gross margin
93.6%
+6.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
959k
+0.4%
total assets
1.5m
+0.29%
cash
287.6k
+0.1%
net assets
Total assets minus all liabilities
ts partners ltd company details
company number
11573846
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
tax shop accountants wellington ltd (June 2020)
accountant
-
auditor
-
address
9 high street, wellington, somerset, TA21 8QT
Bank
-
Legal Advisor
-
ts partners 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 partners ltd.
ts partners 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 partners ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
