Pomanda estimates the enterprise value of TRUCLOTHING.COM LTD at £261.5k based on a Turnover of £698.1k and 0.37x industry multiple (adjusted for size and gross margin).
truclothing.com ltdEstimated Valuation
£51.1k
Pomanda estimates the enterprise value of TRUCLOTHING.COM LTD at £51.1k based on an EBITDA of £13.5k and a 3.78x industry multiple (adjusted for size and gross margin).
truclothing.com ltdEstimated Valuation
£111.7k
Pomanda estimates the enterprise value of TRUCLOTHING.COM LTD at £111.7k based on Net Assets of £77.5k and 1.44x industry multiple (adjusted for liquidity).
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Truclothing.com LtdOverview
Truclothing.com Ltd is a live company located in london, E13 0AD with a Companies House number of 12471833. It operates in the agents involved in the sale of textiles, clothing, fur, footwear and leather goods sector, SIC Code 46160. Founded in February 2020, it's largest shareholder is
mehnaz makwana
with a 50% stake. Truclothing.com Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£698.1k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Truclothing.Com Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
2 Regular
5 Weak
Size
annual sales of £698.1k, make it smaller than the average company (£1.5m)
£698.1k - Truclothing.com Ltd
£1.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Truclothing.com Ltd
- - Industry AVG
Production
with a gross margin of 16.8%, this company has a higher cost of product (31.5%)
16.8% - Truclothing.com Ltd
31.5% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (3.8%)
1.9% - Truclothing.com Ltd
3.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Truclothing.com Ltd
5 - Industry AVG
Pay Structure
on an average salary of £33.9k, the company has an equivalent pay structure (£33.9k)
£33.9k - Truclothing.com Ltd
£33.9k - Industry AVG
Efficiency
resulting in sales per employee of £698.1k, this is more efficient (£303.9k)
£698.1k - Truclothing.com Ltd
£303.9k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (41 days)
114 days - Truclothing.com Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (23 days)
106 days - Truclothing.com Ltd
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Truclothing.com Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Truclothing.com Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.5%, this is a similar level of debt than the average (63.8%)
68.5% - Truclothing.com Ltd
63.8% - Industry AVG
TRUCLOTHING.COM LTD financials
EXPORT
Truclothing.Com Ltd's latest turnover from February 2024 is estimated at £698.1 thousand and the company has net assets of £77.5 thousand. According to their latest financial statements, Truclothing.Com Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Turnover
698,083
563,167
743,654
Other Income Or Grants
Cost Of Sales
580,515
469,692
601,011
Gross Profit
117,568
93,475
142,642
Admin Expenses
104,027
16,564
136,367
Operating Profit
13,541
76,911
6,275
Interest Payable
Interest Receivable
Pre-Tax Profit
13,541
76,911
6,275
Tax
-3,385
-14,613
-1,192
Profit After Tax
10,156
62,298
5,083
Dividends Paid
Retained Profit
10,156
62,298
5,083
Employee Costs
33,882
32,327
31,553
Number Of Employees
1
1
1
EBITDA*
13,541
76,911
6,275
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Tangible Assets
26,581
1,198
1,198
Intangible Assets
Investments & Other
1
1
Debtors (Due After 1 year)
Total Fixed Assets
26,581
1,198
1,199
1
Stock & work in progress
Trade Debtors
219,754
205,376
270,591
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
219,754
205,376
270,591
total assets
246,335
206,574
271,790
1
Bank overdraft
Bank loan
Trade Creditors
168,798
139,193
266,707
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
168,798
139,193
266,707
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
168,798
139,193
266,707
net assets
77,537
67,381
5,083
1
total shareholders funds
77,537
67,381
5,083
1
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Operating Activities
Operating Profit
13,541
76,911
6,275
Depreciation
Amortisation
Tax
-3,385
-14,613
-1,192
Stock
Debtors
14,378
-65,215
270,591
Creditors
29,605
-127,514
266,707
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
25,383
-1
1,199
Investing Activities
capital expenditure
-25,383
-1,198
Change in Investments
-1
1
cash flow from investments
-25,383
1
-1,198
-1
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
-1
1
interest
cash flow from financing
-1
1
cash and cash equivalents
cash
overdraft
change in cash
truclothing.com 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 truclothing.com ltd. Get real-time insights into truclothing.com ltd's credit score, group structure and payment trends.
Perform a competitor analysis for truclothing.com 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 E13 area or any other competitors across 12 key performance metrics.
truclothing.com ltd Ownership
TRUCLOTHING.COM LTD group structure
Truclothing.Com Ltd has no subsidiary companies.
Ultimate parent company
TRUCLOTHING.COM LTD
12471833
TRUCLOTHING.COM LTD Shareholders
The largest shareholders in Truclothing.Com Ltd include Mehnaz Makwana and Yasin Patel.
mehnaz makwana
50%
yasin patel
50%
truclothing.com ltd directors
Truclothing.Com Ltd currently has 1 director, Mr Yasin Patel serving since Jan 2021.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024
net assets
77.5k
+0.15%
total assets
246.3k
+0.19%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
truclothing.com ltd company details
company number
12471833
Type
Private limited with Share Capital
industry
46160 - Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
incorporation date
February 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
1-3 high street, london, E13 0AD
Bank
-
Legal Advisor
-
truclothing.com 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 truclothing.com ltd.
truclothing.com 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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truclothing.com ltdCompanies House Filings - See Documents
