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 ltdEstimated 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 ltdEstimated 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 LtdOverview
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
Health Rating0.5out of 5
0 Strong
1 Regular
9 Weak
Size
annual sales of £121.9k, make it smaller than the average company (£845k)
£121.9k - Taz Letting Ltd
£845k - Industry AVG
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
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
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
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)
£32.2k - Taz Letting Ltd
£32.2k - Industry AVG
Efficiency
resulting in sales per employee of £60.9k, this is less efficient (£179.7k)
£60.9k - Taz Letting Ltd
£179.7k - Industry AVG
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
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
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 financials
EXPORT
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
121,876
120,541
155,122
198,963
Other Income Or Grants
Cost Of Sales
84,649
85,766
112,731
141,711
Gross Profit
37,226
34,775
42,391
57,253
Admin Expenses
35,835
35,454
39,629
55,920
Operating Profit
1,391
-679
2,762
1,333
Interest Payable
Interest Receivable
Pre-Tax Profit
1,391
-679
2,762
1,333
Tax
-348
-525
-253
Profit After Tax
1,043
-679
2,237
1,080
Dividends Paid
Retained Profit
1,043
-679
2,237
1,080
Employee Costs
64,403
30,787
28,485
27,459
Number Of Employees
2
1
1
1
EBITDA*
1,391
-679
2,762
1,333
* 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
1,391
-679
2,762
1,333
Depreciation
Amortisation
Tax
-348
-525
-253
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
8,500
7,497
8,170
-50,000
Investing Activities
capital expenditure
1,500
2,000
-3,500
Change in Investments
cash flow from investments
1,500
2,000
-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
-4,670
50,000
share issue
interest
cash flow from financing
-10,000
-9,497
-4,670
50,000
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.
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
The sole shareholder of Taz Letting Ltd is Mohammed Abdul Malik.
mohammed abdul malik
100%
taz letting ltd directors
Taz Letting Ltd currently has 1 director, Mr Mohammed Malik serving since Jul 2024.
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 ltdCompanies House Filings - See Documents
