
Group Structure
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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
-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).
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).
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 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.
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
0 Strong
1 Regular
9 Weak
Size
annual sales of £121.9k, make it smaller than the average company (£845k)
- Taz Letting Ltd
£845k - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (2.9%)
- Taz Letting Ltd
2.9% - Industry AVG
Production
with a gross margin of 30.5%, this company has a higher cost of product (73.1%)
- Taz Letting Ltd
73.1% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (27.1%)
- Taz Letting Ltd
27.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Taz Letting Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.2k, the company has an equivalent pay structure (£32.2k)
- Taz Letting Ltd
£32.2k - Industry AVG
Efficiency
resulting in sales per employee of £60.9k, this is less efficient (£179.7k)
- Taz Letting Ltd
£179.7k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (32 days)
- Taz Letting Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (35 days)
- Taz Letting Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Taz Letting Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Taz Letting Ltd
- - Industry AVG
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'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 House, Pomanda Estimates
Nov 2023 | Nov 2022 | Nov 2021 | 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 | 2 | 1 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
---|---|---|---|---|
Tangible Assets | 1,500 | 3,500 | ||
Intangible Assets | ||||
Investments & Other | ||||
Debtors (Due After 1 year) | ||||
Total Fixed Assets | 1,500 | 3,500 | ||
Stock & work in progress | ||||
Trade Debtors | 32,472 | 39,825 | 47,071 | 52,160 |
Group Debtors | ||||
Misc Debtors | ||||
Cash | ||||
misc current assets | ||||
total current assets | 32,472 | 39,825 | 47,071 | 52,160 |
total assets | 32,472 | 41,325 | 50,571 | 52,160 |
Bank overdraft | ||||
Bank loan | ||||
Trade Creditors | 2,958 | 2,854 | 1,924 | 1,080 |
Group/Directors Accounts | ||||
other short term finances | ||||
hp & lease commitments | ||||
other current liabilities | ||||
total current liabilities | 2,958 | 2,854 | 1,924 | 1,080 |
loans | ||||
hp & lease commitments | ||||
Accruals and Deferred Income | ||||
other liabilities | 25,833 | 35,833 | 45,330 | 50,000 |
provisions | ||||
total long term liabilities | 25,833 | 35,833 | 45,330 | 50,000 |
total liabilities | 28,791 | 38,687 | 47,254 | 51,080 |
net assets | 3,681 | 2,638 | 3,317 | 1,080 |
total shareholders funds | 3,681 | 2,638 | 3,317 | 1,080 |
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
---|---|---|---|---|
Operating Activities | ||||
Operating Profit | ||||
Depreciation | ||||
Amortisation | ||||
Tax | ||||
Stock | ||||
Debtors | -7,353 | -7,246 | -5,089 | 52,160 |
Creditors | 104 | 930 | 844 | 1,080 |
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 | -10,000 | -9,497 | -4,670 | 50,000 |
share issue | ||||
interest | ||||
cash flow from financing | ||||
cash and cash equivalents | ||||
cash | ||||
overdraft | ||||
change in cash |
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 group structure
Taz Letting Ltd has no subsidiary companies.
Ultimate parent company
TAZ LETTING LTD
12331931
Taz Letting Ltd currently has 1 director, Mr Mohammed Malik serving since Jul 2024.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mohammed Malik | England | 50 years | Jul 2024 | - | Director |
P&L
November 2023turnover
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 2023net assets
3.7k
+0.4%
total assets
32.5k
-0.21%
cash
0
0%
net assets
Total assets minus all liabilities
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
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
-
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.
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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