tae power solutions manufacturing limited
tae power solutions manufacturing limited Company Information
Company Number
12096238
Website
eltrium.comRegistered Address
c/o thrings llp 6 drakes meadow, swindon, SN3 3LL
Industry
Manufacture of electrical and electronic equipment for motor vehicles
Telephone
01327351000
Next Accounts Due
38 days late
Group Structure
View All
Shareholders
tae power solutions limited 100%
tae power solutions manufacturing limited Estimated Valuation
Pomanda estimates the enterprise value of TAE POWER SOLUTIONS MANUFACTURING LIMITED at £987.7k based on a Turnover of £3.6m and 0.28x industry multiple (adjusted for size and gross margin).
tae power solutions manufacturing limited Estimated Valuation
Pomanda estimates the enterprise value of TAE POWER SOLUTIONS MANUFACTURING LIMITED at £0 based on an EBITDA of £-174.8k and a 2.81x industry multiple (adjusted for size and gross margin).
tae power solutions manufacturing limited Estimated Valuation
Pomanda estimates the enterprise value of TAE POWER SOLUTIONS MANUFACTURING LIMITED at £476.9k based on Net Assets of £263.6k and 1.81x industry multiple (adjusted for liquidity).
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Tae Power Solutions Manufacturing Limited Overview
Tae Power Solutions Manufacturing Limited is a live company located in swindon, SN3 3LL with a Companies House number of 12096238. It operates in the manufacture of electrical and electronic equipment for motor vehicles and their engines sector, SIC Code 29310. Founded in July 2019, it's largest shareholder is tae power solutions limited with a 100% stake. Tae Power Solutions Manufacturing Limited is a young, small sized company, Pomanda has estimated its turnover at £3.6m with unknown growth in recent years.
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Tae Power Solutions Manufacturing Limited Health Check
Pomanda's financial health check has awarded Tae Power Solutions Manufacturing Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
4 Regular
7 Weak
Size
annual sales of £3.6m, make it smaller than the average company (£17.6m)
- Tae Power Solutions Manufacturing Limited
£17.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Tae Power Solutions Manufacturing Limited
- - Industry AVG
Production
with a gross margin of 19.6%, this company has a comparable cost of product (19.6%)
- Tae Power Solutions Manufacturing Limited
19.6% - Industry AVG
Profitability
an operating margin of -5.3% make it less profitable than the average company (3.3%)
- Tae Power Solutions Manufacturing Limited
3.3% - Industry AVG
Employees
with 32 employees, this is below the industry average (129)
32 - Tae Power Solutions Manufacturing Limited
129 - Industry AVG
Pay Structure
on an average salary of £41.4k, the company has an equivalent pay structure (£41.4k)
- Tae Power Solutions Manufacturing Limited
£41.4k - Industry AVG
Efficiency
resulting in sales per employee of £111.8k, this is less efficient (£171.6k)
- Tae Power Solutions Manufacturing Limited
£171.6k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (45 days)
- Tae Power Solutions Manufacturing Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is close to average (45 days)
- Tae Power Solutions Manufacturing Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 161 days, this is more than average (82 days)
- Tae Power Solutions Manufacturing Limited
82 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (9 weeks)
1 weeks - Tae Power Solutions Manufacturing Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.4%, this is a higher level of debt than the average (50.6%)
86.4% - Tae Power Solutions Manufacturing Limited
50.6% - Industry AVG
TAE POWER SOLUTIONS MANUFACTURING LIMITED financials
Tae Power Solutions Manufacturing Limited's latest turnover from December 2022 is estimated at £3.6 million and the company has net assets of £263.6 thousand. According to their latest financial statements, Tae Power Solutions Manufacturing Limited has 32 employees and maintains cash reserves of £54.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Sep 2021 | Jul 2020 | |
|---|---|---|---|
| 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 | 32 | 13 | 9 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Sep 2021 | Jul 2020 | |
|---|---|---|---|
| Tangible Assets | 60,630 | 66,507 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 60,630 | 66,507 | 0 |
| Stock & work in progress | 1,270,965 | 223,871 | 35,582 |
| Trade Debtors | 392,419 | 248,898 | 610,337 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 157,360 | 302,105 | 52,259 |
| Cash | 54,278 | 78,485 | 125,218 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 1,875,022 | 853,359 | 823,396 |
| total assets | 1,935,652 | 919,866 | 823,396 |
| Bank overdraft | 11,203 | 9,586 | 1,568 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 332,686 | 80,308 | 348,151 |
| Group/Directors Accounts | 1,135,623 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 168,452 | 336,345 | 147,096 |
| total current liabilities | 1,647,964 | 426,239 | 496,815 |
| loans | 24,045 | 37,271 | 48,432 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 24,045 | 37,271 | 48,432 |
| total liabilities | 1,672,009 | 463,510 | 545,247 |
| net assets | 263,643 | 456,356 | 278,149 |
| total shareholders funds | 263,643 | 456,356 | 278,149 |
| Dec 2022 | Sep 2021 | Jul 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 16,306 | 14,713 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 1,047,094 | 188,289 | 35,582 |
| Debtors | -1,224 | -111,593 | 662,596 |
| Creditors | 252,378 | -267,843 | 348,151 |
| Accruals and Deferred Income | -167,893 | 189,249 | 147,096 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 1,135,623 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | -13,226 | -11,161 | 48,432 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -24,207 | -46,733 | 125,218 |
| overdraft | 1,617 | 8,018 | 1,568 |
| change in cash | -25,824 | -54,751 | 123,650 |
tae power solutions manufacturing limited Credit Report and Business Information
Tae Power Solutions Manufacturing Limited Competitor Analysis
Perform a competitor analysis for tae power solutions manufacturing limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in SN3 area or any other competitors across 12 key performance metrics.
tae power solutions manufacturing limited Ownership
TAE POWER SOLUTIONS MANUFACTURING LIMITED group structure
Tae Power Solutions Manufacturing Limited has no subsidiary companies.
Ultimate parent company
TAE POWER SOLUTIONS LLC
#0155239
2 parents
TAE POWER SOLUTIONS MANUFACTURING LIMITED
12096238
tae power solutions manufacturing limited directors
Tae Power Solutions Manufacturing Limited currently has 2 directors. The longest serving directors include Mr David Roberts (Jan 2022) and Mr Kedar Munipella (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Roberts | United Kingdom | 72 years | Jan 2022 | - | Director |
| Mr Kedar Munipella | United States | 48 years | Jan 2024 | - | Director |
P&L
December 2022turnover
3.6m
+226%
operating profit
-191.1k
0%
gross margin
19.7%
+23.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
263.6k
-0.42%
total assets
1.9m
+1.1%
cash
54.3k
-0.31%
net assets
Total assets minus all liabilities
tae power solutions manufacturing limited company details
company number
12096238
Type
Private limited with Share Capital
industry
29310 - Manufacture of electrical and electronic equipment for motor vehicles
incorporation date
July 2019
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
eltrium ltd (January 2023)
accountant
TC GROUP
auditor
-
address
c/o thrings llp 6 drakes meadow, swindon, SN3 3LL
Bank
-
Legal Advisor
-
tae power solutions manufacturing limited 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 tae power solutions manufacturing limited.
tae power solutions manufacturing limited Companies House Filings - See Documents
| date | description | view/download |
|---|
