tongda distribution ltd
tongda distribution ltd Company Information
Group Structure
View All
Industry
Other transportation support activities
Registered Address
the coach house 1 howard road, reigate, surrey, RH2 7JE
Website
tongdadistribution.co.uktongda distribution ltd Estimated Valuation
Pomanda estimates the enterprise value of TONGDA DISTRIBUTION LTD at £2m based on a Turnover of £3.9m and 0.5x industry multiple (adjusted for size and gross margin).
tongda distribution ltd Estimated Valuation
Pomanda estimates the enterprise value of TONGDA DISTRIBUTION LTD at £3.6m based on an EBITDA of £949.6k and a 3.77x industry multiple (adjusted for size and gross margin).
tongda distribution ltd Estimated Valuation
Pomanda estimates the enterprise value of TONGDA DISTRIBUTION LTD at £2m based on Net Assets of £912.3k and 2.16x industry multiple (adjusted for liquidity).
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Tongda Distribution Ltd Overview
Tongda Distribution Ltd is a live company located in surrey, RH2 7JE with a Companies House number of 12366626. It operates in the other transportation support activities sector, SIC Code 52290. Founded in December 2019, it's largest shareholder is ying pei huang with a 100% stake. Tongda Distribution Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.9m with rapid growth in recent years.
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Tongda Distribution Ltd Health Check
Pomanda's financial health check has awarded Tongda Distribution Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £3.9m, make it smaller than the average company (£12.3m)
- Tongda Distribution Ltd
£12.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 96%, show it is growing at a faster rate (12.3%)
- Tongda Distribution Ltd
12.3% - Industry AVG
Production
with a gross margin of 23.3%, this company has a comparable cost of product (23.3%)
- Tongda Distribution Ltd
23.3% - Industry AVG
Profitability
an operating margin of 21.3% make it more profitable than the average company (5.2%)
- Tongda Distribution Ltd
5.2% - Industry AVG
Employees
with 18 employees, this is below the industry average (47)
18 - Tongda Distribution Ltd
47 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
- Tongda Distribution Ltd
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £218.1k, this is less efficient (£267.9k)
- Tongda Distribution Ltd
£267.9k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (45 days)
- Tongda Distribution Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (34 days)
- Tongda Distribution Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tongda Distribution Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (16 weeks)
21 weeks - Tongda Distribution Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.4%, this is a lower level of debt than the average (60.7%)
46.4% - Tongda Distribution Ltd
60.7% - Industry AVG
TONGDA DISTRIBUTION LTD financials
Tongda Distribution Ltd's latest turnover from December 2023 is estimated at £3.9 million and the company has net assets of £912.3 thousand. According to their latest financial statements, Tongda Distribution Ltd has 18 employees and maintains cash reserves of £314.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 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 | 18 | 22 | 25 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 271,417 | 204,041 | 142,207 | 116,889 |
| Intangible Assets | 136,800 | 182,400 | ||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 408,217 | 386,441 | 142,207 | 116,889 |
| Stock & work in progress | ||||
| Trade Debtors | 508,071 | 179,278 | 308,241 | 73,733 |
| Group Debtors | 76,564 | 4,552 | ||
| Misc Debtors | 395,215 | 354,595 | 60,528 | 69,371 |
| Cash | 314,881 | 43,391 | 92,265 | 63,551 |
| misc current assets | ||||
| total current assets | 1,294,731 | 581,816 | 461,034 | 206,655 |
| total assets | 1,702,948 | 968,257 | 603,241 | 323,544 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 373,493 | 423,778 | 105,281 | 42,419 |
| Group/Directors Accounts | 39,123 | 46,311 | 50,877 | 23,213 |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 332,944 | 121,227 | 144,140 | 103,234 |
| total current liabilities | 745,560 | 591,316 | 300,298 | 168,866 |
| loans | 29,951 | 39,841 | 44,487 | 50,000 |
| hp & lease commitments | 15,095 | 57,164 | 93,161 | 104,382 |
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | 45,046 | 97,005 | 137,648 | 154,382 |
| total liabilities | 790,606 | 688,321 | 437,946 | 323,248 |
| net assets | 912,342 | 279,936 | 165,295 | 296 |
| total shareholders funds | 912,342 | 279,936 | 165,295 | 296 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 66,267 | 51,459 | 27,925 | 23,499 |
| Amortisation | 45,600 | 45,600 | ||
| Tax | ||||
| Stock | ||||
| Debtors | 441,425 | 169,656 | 225,665 | 143,104 |
| Creditors | -50,285 | 318,497 | 62,862 | 42,419 |
| Accruals and Deferred Income | 211,717 | -22,913 | 40,906 | 103,234 |
| 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 | -7,188 | -4,566 | 27,664 | 23,213 |
| Other Short Term Loans | ||||
| Long term loans | -9,890 | -4,646 | -5,513 | 50,000 |
| Hire Purchase and Lease Commitments | -42,069 | -35,997 | -11,221 | 104,382 |
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 271,490 | -48,874 | 28,714 | 63,551 |
| overdraft | ||||
| change in cash | 271,490 | -48,874 | 28,714 | 63,551 |
tongda distribution ltd Credit Report and Business Information
Tongda Distribution Ltd Competitor Analysis
Perform a competitor analysis for tongda distribution ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in RH2 area or any other competitors across 12 key performance metrics.
tongda distribution ltd Ownership
TONGDA DISTRIBUTION LTD group structure
Tongda Distribution Ltd has no subsidiary companies.
Ultimate parent company
TONGDA DISTRIBUTION LTD
12366626
tongda distribution ltd directors
Tongda Distribution Ltd currently has 1 director, Mr Ying Huang serving since Dec 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ying Huang | England | 40 years | Dec 2019 | - | Director |
P&L
December 2023turnover
3.9m
+30%
operating profit
837.7k
0%
gross margin
23.3%
+2.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
912.3k
+2.26%
total assets
1.7m
+0.76%
cash
314.9k
+6.26%
net assets
Total assets minus all liabilities
tongda distribution ltd company details
company number
12366626
Type
Private limited with Share Capital
industry
52290 - Other transportation support activities
incorporation date
December 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
ACL & CO
auditor
-
address
the coach house 1 howard road, reigate, surrey, RH2 7JE
Bank
-
Legal Advisor
-
tongda distribution 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 found 1 charges/mortgages relating to tongda distribution ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
tongda distribution 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.
Click to start generating capital raising & share issue transactions for TONGDA DISTRIBUTION LTD. This can take several minutes, an email will notify you when this has completed.
tongda distribution ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
