tegco immingham ltd
tegco immingham ltd Company Information
Company Number
12201491
Next Accounts
Sep 2025
Shareholders
tegco limited
Group Structure
View All
Industry
Engineering related scientific and technical consulting activities
Registered Address
c/o dyke yaxley chartered accoun, 1 brassey road, shrewsbury, shropshire, SY3 7FA
Website
-tegco immingham ltd Estimated Valuation
Pomanda estimates the enterprise value of TEGCO IMMINGHAM LTD at £875.3k based on a Turnover of £2.4m and 0.37x industry multiple (adjusted for size and gross margin).
tegco immingham ltd Estimated Valuation
Pomanda estimates the enterprise value of TEGCO IMMINGHAM LTD at £0 based on an EBITDA of £-263.2k and a 3.05x industry multiple (adjusted for size and gross margin).
tegco immingham ltd Estimated Valuation
Pomanda estimates the enterprise value of TEGCO IMMINGHAM LTD at £0 based on Net Assets of £-708.7k and 2.22x industry multiple (adjusted for liquidity).
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Tegco Immingham Ltd Overview
Tegco Immingham Ltd is a live company located in shrewsbury, SY3 7FA with a Companies House number of 12201491. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in September 2019, it's largest shareholder is tegco limited with a 100% stake. Tegco Immingham Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.4m with rapid growth in recent years.
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Tegco Immingham Ltd Health Check
Pomanda's financial health check has awarded Tegco Immingham Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £2.4m, make it larger than the average company (£2m)
- Tegco Immingham Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 70%, show it is growing at a faster rate (7.2%)
- Tegco Immingham Ltd
7.2% - Industry AVG
Production
with a gross margin of 20%, this company has a higher cost of product (34%)
- Tegco Immingham Ltd
34% - Industry AVG
Profitability
an operating margin of -16.2% make it less profitable than the average company (6.2%)
- Tegco Immingham Ltd
6.2% - Industry AVG
Employees
with 15 employees, this is similar to the industry average (18)
- Tegco Immingham Ltd
18 - Industry AVG
Pay Structure
on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)
- Tegco Immingham Ltd
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £159.6k, this is more efficient (£101.8k)
- Tegco Immingham Ltd
£101.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tegco Immingham Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 83 days, this is slower than average (21 days)
- Tegco Immingham Ltd
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tegco Immingham Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Tegco Immingham Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.7%, this is a higher level of debt than the average (54.4%)
112.7% - Tegco Immingham Ltd
54.4% - Industry AVG
TEGCO IMMINGHAM LTD financials
Tegco Immingham Ltd's latest turnover from December 2023 is estimated at £2.4 million and the company has net assets of -£708.7 thousand. According to their latest financial statements, we estimate that Tegco Immingham Ltd has 15 employees and maintains cash reserves of £18.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 5,370,300 | 5,113,608 | 5,011,027 | |
| Intangible Assets | 1,057,315 | |||
| Investments & Other | ||||
| Debtors (Due After 1 year) | 8,770 | |||
| Total Fixed Assets | 5,370,300 | 5,113,608 | 5,019,797 | 1,057,315 |
| Stock & work in progress | ||||
| Trade Debtors | 60,001 | |||
| Group Debtors | ||||
| Misc Debtors | 200,583 | 52,852 | 3,831 | 23,864 |
| Cash | 18,502 | 157 | 178 | 6,419 |
| misc current assets | ||||
| total current assets | 219,085 | 53,009 | 64,010 | 30,283 |
| total assets | 5,589,385 | 5,166,617 | 5,083,807 | 1,087,598 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 440,364 | 65,240 | 18,778 | 84,780 |
| Group/Directors Accounts | 5,599,132 | 5,140,143 | ||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 258,602 | 282,057 | 5,102,319 | 1,025,739 |
| total current liabilities | 6,298,098 | 5,487,440 | 5,121,097 | 1,110,519 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 6,298,098 | 5,487,440 | 5,121,097 | 1,110,519 |
| net assets | -708,713 | -320,823 | -37,290 | -22,921 |
| total shareholders funds | -708,713 | -320,823 | -37,290 | -22,921 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 125,180 | 78,235 | ||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 147,731 | -19,750 | 48,738 | 23,864 |
| Creditors | 375,124 | 46,462 | -66,002 | 84,780 |
| Accruals and Deferred Income | -23,455 | -4,820,262 | 4,076,580 | 1,025,739 |
| 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 | 458,989 | 5,140,143 | ||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 18,345 | -21 | -6,241 | 6,419 |
| overdraft | ||||
| change in cash | 18,345 | -21 | -6,241 | 6,419 |
tegco immingham ltd Credit Report and Business Information
Tegco Immingham Ltd Competitor Analysis
Perform a competitor analysis for tegco immingham ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SY3 area or any other competitors across 12 key performance metrics.
tegco immingham ltd Ownership
TEGCO IMMINGHAM LTD group structure
Tegco Immingham Ltd has no subsidiary companies.
Ultimate parent company
TEGCO IMMINGHAM LTD
12201491
tegco immingham ltd directors
Tegco Immingham Ltd currently has 6 directors. The longest serving directors include Mr Gunther Eibel (Feb 2020) and Mr Richard Simons (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gunther Eibel | 62 years | Feb 2020 | - | Director | |
| Mr Richard Simons | 56 years | Aug 2020 | - | Director | |
| Mr Martin Welsh | 61 years | Aug 2020 | - | Director | |
| Mr Gary Mutter | United Kingdom | 59 years | Jan 2022 | - | Director |
| Mr David Armour | Scotland | 59 years | Jul 2023 | - | Director |
| Mr Heinz Grossman | United Kingdom | 62 years | Sep 2023 | - | Director |
P&L
December 2023turnover
2.4m
+554%
operating profit
-388.4k
0%
gross margin
20.1%
+2.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-708.7k
+1.21%
total assets
5.6m
+0.08%
cash
18.5k
+116.85%
net assets
Total assets minus all liabilities
tegco immingham ltd company details
company number
12201491
Type
Private limited with Share Capital
industry
71122 - Engineering related scientific and technical consulting activities
incorporation date
September 2019
age
6
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
c/o dyke yaxley chartered accoun, 1 brassey road, shrewsbury, shropshire, SY3 7FA
Bank
-
Legal Advisor
-
tegco immingham 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 tegco immingham ltd.
tegco immingham 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 TEGCO IMMINGHAM LTD. This can take several minutes, an email will notify you when this has completed.
tegco immingham ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
