te smugglers way limited
te smugglers way limited Company Information
Company Number
12293932
Next Accounts
Mar 2025
Shareholders
thackeray estates group 4 limited
Group Structure
View All
Industry
Development of building projects
Registered Address
2 leman street, london, E1W 9US
Website
thackerayestates.comte smugglers way limited Estimated Valuation
Pomanda estimates the enterprise value of TE SMUGGLERS WAY LIMITED at £108.4k based on a Turnover of £229.7k and 0.47x industry multiple (adjusted for size and gross margin).
te smugglers way limited Estimated Valuation
Pomanda estimates the enterprise value of TE SMUGGLERS WAY LIMITED at £0 based on an EBITDA of £-59.9k and a 3.73x industry multiple (adjusted for size and gross margin).
te smugglers way limited Estimated Valuation
Pomanda estimates the enterprise value of TE SMUGGLERS WAY LIMITED at £224.4k based on Net Assets of £158.8k and 1.41x industry multiple (adjusted for liquidity).
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Te Smugglers Way Limited Overview
Te Smugglers Way Limited is a live company located in london, E1W 9US with a Companies House number of 12293932. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2019, it's largest shareholder is thackeray estates group 4 limited with a 100% stake. Te Smugglers Way Limited is a young, micro sized company, Pomanda has estimated its turnover at £229.7k with declining growth in recent years.
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Te Smugglers Way Limited Health Check
Pomanda's financial health check has awarded Te Smugglers Way Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £229.7k, make it smaller than the average company (£2.2m)
- Te Smugglers Way Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (3.1%)
- Te Smugglers Way Limited
3.1% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Te Smugglers Way Limited
26.4% - Industry AVG
Profitability
an operating margin of -26.1% make it less profitable than the average company (7.2%)
- Te Smugglers Way Limited
7.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Te Smugglers Way Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.9k, the company has an equivalent pay structure (£46.9k)
- Te Smugglers Way Limited
£46.9k - Industry AVG
Efficiency
resulting in sales per employee of £114.9k, this is less efficient (£277.2k)
- Te Smugglers Way Limited
£277.2k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (28 days)
- Te Smugglers Way Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is slower than average (30 days)
- Te Smugglers Way Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Te Smugglers Way Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Te Smugglers Way Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95%, this is a higher level of debt than the average (73.2%)
95% - Te Smugglers Way Limited
73.2% - Industry AVG
TE SMUGGLERS WAY LIMITED financials
Te Smugglers Way Limited's latest turnover from June 2023 is estimated at £229.7 thousand and the company has net assets of £158.8 thousand. According to their latest financial statements, Te Smugglers Way Limited has 2 employees and maintains cash reserves of £22.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Mar 2022 | Mar 2021 | Mar 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 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | |||||
| Intangible Assets | |||||
| Investments & Other | 3,150,000 | 3,150,000 | 3,150,000 | 2,800,750 | 2,800,000 |
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 3,150,000 | 3,150,000 | 3,150,000 | 2,800,750 | 2,800,000 |
| Stock & work in progress | |||||
| Trade Debtors | 5,202 | 21,406 | 56,850 | ||
| Group Debtors | |||||
| Misc Debtors | 25,161 | 18,947 | 40,507 | 5,933 | 7,207 |
| Cash | 22,107 | 6 | 43,504 | ||
| misc current assets | |||||
| total current assets | 52,470 | 40,359 | 84,011 | 62,783 | 7,207 |
| total assets | 3,202,470 | 3,190,359 | 3,234,011 | 2,863,533 | 2,807,207 |
| Bank overdraft | 124 | ||||
| Bank loan | |||||
| Trade Creditors | 19,335 | 17,839 | 49,114 | 31,399 | 33,599 |
| Group/Directors Accounts | 2,903,463 | 2,847,958 | 2,897,368 | 2,719,003 | 2,801,108 |
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 75,336 | 60,906 | 64,574 | 160,327 | 140,285 |
| total current liabilities | 2,998,134 | 2,926,703 | 3,011,056 | 2,910,853 | 2,974,992 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 45,527 | 45,527 | 45,527 | ||
| total long term liabilities | 45,527 | 45,527 | 45,527 | ||
| total liabilities | 3,043,661 | 2,972,230 | 3,056,583 | 2,910,853 | 2,974,992 |
| net assets | 158,809 | 218,129 | 177,428 | -47,320 | -167,785 |
| total shareholders funds | 158,809 | 218,129 | 177,428 | -47,320 | -167,785 |
| Jun 2023 | Jun 2022 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | -9,990 | -22,430 | -22,276 | 55,576 | 7,207 |
| Creditors | 1,496 | -13,560 | 17,715 | -2,200 | 33,599 |
| Accruals and Deferred Income | 14,430 | -99,421 | -95,753 | 20,042 | 140,285 |
| Deferred Taxes & Provisions | 45,527 | 45,527 | |||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 349,250 | 349,250 | 750 | 2,800,000 | |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | 55,505 | 128,955 | 178,365 | -82,105 | 2,801,108 |
| 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 | 22,101 | 6 | 43,504 | ||
| overdraft | -124 | -124 | 124 | ||
| change in cash | 22,101 | 130 | 43,628 | -124 |
te smugglers way limited Credit Report and Business Information
Te Smugglers Way Limited Competitor Analysis
Perform a competitor analysis for te smugglers way limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in E1W area or any other competitors across 12 key performance metrics.
te smugglers way limited Ownership
TE SMUGGLERS WAY LIMITED group structure
Te Smugglers Way Limited has no subsidiary companies.
Ultimate parent company
2 parents
TE SMUGGLERS WAY LIMITED
12293932
te smugglers way limited directors
Te Smugglers Way Limited currently has 3 directors. The longest serving directors include Mr Brett Palos (Nov 2019) and Mr Antony Alberti (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brett Palos | England | 50 years | Nov 2019 | - | Director |
| Mr Antony Alberti | United Kingdom | 45 years | Nov 2019 | - | Director |
| Mr Brett Palos | United Kingdom | 50 years | Nov 2019 | - | Director |
P&L
June 2023turnover
229.7k
-20%
operating profit
-59.9k
0%
gross margin
26.4%
+6.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
158.8k
-0.27%
total assets
3.2m
0%
cash
22.1k
+3683.5%
net assets
Total assets minus all liabilities
te smugglers way limited company details
company number
12293932
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
2 leman street, london, E1W 9US
Bank
-
Legal Advisor
-
te smugglers way 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 found 1 charges/mortgages relating to te smugglers way limited. Currently there are 1 open charges and 0 have been satisfied in the past.
te smugglers way limited 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 TE SMUGGLERS WAY LIMITED. This can take several minutes, an email will notify you when this has completed.
te smugglers way limited Companies House Filings - See Documents
| date | description | view/download |
|---|
