taz letting ltd

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taz letting ltd Company Information

Share TAZ LETTING LTD

Company Number

12331931

Shareholders

mohammed abdul malik

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

c/o 322 stratford workshop, burford road, london, E15 2SP

Website

-

taz letting ltd Estimated Valuation

£280.3k

Pomanda estimates the enterprise value of TAZ LETTING LTD at £280.3k based on a Turnover of £121.9k and 2.3x industry multiple (adjusted for size and gross margin).

taz letting ltd Estimated Valuation

£6.2k

Pomanda estimates the enterprise value of TAZ LETTING LTD at £6.2k based on an EBITDA of £1.4k and a 4.48x industry multiple (adjusted for size and gross margin).

taz letting ltd Estimated Valuation

£6.2k

Pomanda estimates the enterprise value of TAZ LETTING LTD at £6.2k based on Net Assets of £3.7k and 1.68x industry multiple (adjusted for liquidity).

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Taz Letting Ltd Overview

Taz Letting Ltd is a live company located in london, E15 2SP with a Companies House number of 12331931. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2019, it's largest shareholder is mohammed abdul malik with a 100% stake. Taz Letting Ltd is a young, micro sized company, Pomanda has estimated its turnover at £121.9k with declining growth in recent years.

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Taz Letting Ltd Health Check

Pomanda's financial health check has awarded Taz Letting Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

9 Weak

size

Size

annual sales of £121.9k, make it smaller than the average company (£845k)

£121.9k - Taz Letting Ltd

£845k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (2.9%)

-15% - Taz Letting Ltd

2.9% - Industry AVG

production

Production

with a gross margin of 30.5%, this company has a higher cost of product (73.1%)

30.5% - Taz Letting Ltd

73.1% - Industry AVG

profitability

Profitability

an operating margin of 1.1% make it less profitable than the average company (27.1%)

1.1% - Taz Letting Ltd

27.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Taz Letting Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.2k, the company has an equivalent pay structure (£32.2k)

£32.2k - Taz Letting Ltd

£32.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £60.9k, this is less efficient (£179.7k)

£60.9k - Taz Letting Ltd

£179.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 97 days, this is later than average (32 days)

97 days - Taz Letting Ltd

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (35 days)

12 days - Taz Letting Ltd

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Taz Letting Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Taz Letting Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 88.7%, this is a higher level of debt than the average (67.9%)

88.7% - Taz Letting Ltd

67.9% - Industry AVG

TAZ LETTING LTD financials

EXPORTms excel logo

Taz Letting Ltd's latest turnover from November 2023 is estimated at £121.9 thousand and the company has net assets of £3.7 thousand. According to their latest financial statements, Taz Letting Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020
Turnover121,876120,541155,122198,963
Other Income Or Grants
Cost Of Sales84,64985,766112,731141,711
Gross Profit37,22634,77542,39157,253
Admin Expenses35,83535,45439,62955,920
Operating Profit1,391-6792,7621,333
Interest Payable
Interest Receivable
Pre-Tax Profit1,391-6792,7621,333
Tax-348-525-253
Profit After Tax1,043-6792,2371,080
Dividends Paid
Retained Profit1,043-6792,2371,080
Employee Costs64,40330,78728,48527,459
Number Of Employees2111
EBITDA*1,391-6792,7621,333

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020
Tangible Assets1,5003,500
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,5003,500
Stock & work in progress
Trade Debtors32,47239,82547,07152,160
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets32,47239,82547,07152,160
total assets32,47241,32550,57152,160
Bank overdraft
Bank loan
Trade Creditors 2,9582,8541,9241,080
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,9582,8541,9241,080
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities25,83335,83345,33050,000
provisions
total long term liabilities25,83335,83345,33050,000
total liabilities28,79138,68747,25451,080
net assets3,6812,6383,3171,080
total shareholders funds3,6812,6383,3171,080
Nov 2023Nov 2022Nov 2021Nov 2020
Operating Activities
Operating Profit1,391-6792,7621,333
Depreciation
Amortisation
Tax-348-525-253
Stock
Debtors-7,353-7,246-5,08952,160
Creditors1049308441,080
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations8,5007,4978,170-50,000
Investing Activities
capital expenditure1,5002,000-3,500
Change in Investments
cash flow from investments1,5002,000-3,500
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-10,000-9,497-4,67050,000
share issue
interest
cash flow from financing-10,000-9,497-4,67050,000
cash and cash equivalents
cash
overdraft
change in cash

taz letting ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for taz letting ltd. Get real-time insights into taz letting ltd's credit score, group structure and payment trends.

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Taz Letting Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for taz letting ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in E15 area or any other competitors across 12 key performance metrics.

taz letting ltd Ownership

TAZ LETTING LTD group structure

Taz Letting Ltd has no subsidiary companies.

Ultimate parent company

TAZ LETTING LTD

12331931

TAZ LETTING LTD Shareholders

mohammed abdul malik 100%

taz letting ltd directors

Taz Letting Ltd currently has 1 director, Mr Mohammed Malik serving since Jul 2024.

officercountryagestartendrole
Mr Mohammed MalikEngland50 years Jul 2024- Director

P&L

November 2023

turnover

121.9k

+1%

operating profit

1.4k

0%

gross margin

30.6%

+5.88%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

3.7k

+0.4%

total assets

32.5k

-0.21%

cash

0

0%

net assets

Total assets minus all liabilities

taz letting ltd company details

company number

12331931

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

November 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

c/o 322 stratford workshop, burford road, london, E15 2SP

Bank

-

Legal Advisor

-

taz letting 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 taz letting ltd.

taz letting 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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taz letting ltd Companies House Filings - See Documents

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