tj19 ltd
tj19 ltd Company Information
Group Structure
View All
Industry
Licensed restaurants
+1Registered Address
105 upper street, london, N1 1QN
Website
-tj19 ltd Estimated Valuation
Pomanda estimates the enterprise value of TJ19 LTD at £307k based on a Turnover of £731.7k and 0.42x industry multiple (adjusted for size and gross margin).
tj19 ltd Estimated Valuation
Pomanda estimates the enterprise value of TJ19 LTD at £1.8m based on an EBITDA of £549k and a 3.3x industry multiple (adjusted for size and gross margin).
tj19 ltd Estimated Valuation
Pomanda estimates the enterprise value of TJ19 LTD at £1.3m based on Net Assets of £555.4k and 2.3x industry multiple (adjusted for liquidity).
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Tj19 Ltd Overview
Tj19 Ltd is a live company located in london, N1 1QN with a Companies House number of 12324413. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in November 2019, it's largest shareholder is liang li with a 100% stake. Tj19 Ltd is a young, small sized company, Pomanda has estimated its turnover at £731.7k with unknown growth in recent years.
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Tj19 Ltd Health Check
Pomanda's financial health check has awarded Tj19 Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £731.7k, make it smaller than the average company (£1.3m)
- Tj19 Ltd
£1.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Tj19 Ltd
- - Industry AVG
Production
with a gross margin of 27.5%, this company has a higher cost of product (45.6%)
- Tj19 Ltd
45.6% - Industry AVG
Profitability
an operating margin of 69.3% make it more profitable than the average company (4.9%)
- Tj19 Ltd
4.9% - Industry AVG
Employees
with 11 employees, this is below the industry average (23)
11 - Tj19 Ltd
23 - Industry AVG
Pay Structure
on an average salary of £26.8k, the company has an equivalent pay structure (£26.8k)
- Tj19 Ltd
£26.8k - Industry AVG
Efficiency
resulting in sales per employee of £66.5k, this is less efficient (£127.8k)
- Tj19 Ltd
£127.8k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (19 days)
- Tj19 Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 177 days, this is slower than average (42 days)
- Tj19 Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tj19 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 65 weeks, this is more cash available to meet short term requirements (21 weeks)
65 weeks - Tj19 Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.8%, this is a lower level of debt than the average (73.9%)
31.8% - Tj19 Ltd
73.9% - Industry AVG
TJ19 LTD financials
Tj19 Ltd's latest turnover from March 2023 is estimated at £731.7 thousand and the company has net assets of £555.4 thousand. According to their latest financial statements, Tj19 Ltd has 11 employees and maintains cash reserves of £326.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Nov 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 | 11 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Nov 2020 | |
|---|---|---|---|
| Tangible Assets | 375,393 | 87,683 | |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 375,393 | 87,683 | |
| Stock & work in progress | |||
| Trade Debtors | 111,796 | ||
| Group Debtors | |||
| Misc Debtors | |||
| Cash | 326,917 | 163,791 | 100 |
| misc current assets | |||
| total current assets | 438,713 | 163,791 | 100 |
| total assets | 814,106 | 251,474 | 100 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 258,718 | 115,445 | |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 258,718 | 115,445 | |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 258,718 | 115,445 | |
| net assets | 555,388 | 136,029 | 100 |
| total shareholders funds | 555,388 | 136,029 | 100 |
| Mar 2023 | Mar 2022 | Nov 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 41,663 | ||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 111,796 | ||
| Creditors | 143,273 | 115,445 | |
| Accruals and Deferred Income | |||
| 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 | |||
| 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 | 163,126 | 163,791 | 100 |
| overdraft | |||
| change in cash | 163,126 | 163,791 | 100 |
tj19 ltd Credit Report and Business Information
Tj19 Ltd Competitor Analysis
Perform a competitor analysis for tj19 ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in N 1 area or any other competitors across 12 key performance metrics.
tj19 ltd Ownership
TJ19 LTD group structure
Tj19 Ltd has no subsidiary companies.
Ultimate parent company
TJ19 LTD
12324413
tj19 ltd directors
Tj19 Ltd currently has 1 director, Mr Liang Li serving since Aug 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Liang Li | England | 49 years | Aug 2024 | - | Director |
P&L
March 2023turnover
731.7k
+269%
operating profit
507.3k
0%
gross margin
27.5%
+5.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
555.4k
+3.08%
total assets
814.1k
+2.24%
cash
326.9k
+1%
net assets
Total assets minus all liabilities
Similar Companies
tj19 ltd company details
company number
12324413
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
47990 - Other retail sale not in stores, stalls or markets
incorporation date
November 2019
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
105 upper street, london, N1 1QN
Bank
-
Legal Advisor
-
tj19 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 tj19 ltd.
tj19 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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tj19 ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
