Pomanda estimates the enterprise value of TC FUNDING III LIMITED at £3.1m based on a Turnover of £13.3m and 0.23x industry multiple (adjusted for size and gross margin).
tc funding iii limitedEstimated Valuation
£32.8m
Pomanda estimates the enterprise value of TC FUNDING III LIMITED at £32.8m based on an EBITDA of £20m and a 1.64x industry multiple (adjusted for size and gross margin).
tc funding iii limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TC FUNDING III LIMITED at £0 based on Net Assets of £-6.9m and 2.37x industry multiple (adjusted for liquidity).
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Tc Funding Iii LimitedOverview
Tc Funding Iii Limited is a live company located in london, EC2R 7HJ with a Companies House number of 12677970. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2020, it's largest shareholder is
tmf trustee limited
with a 100% stake. Tc Funding Iii Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£13.3m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Tc Funding Iii Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
1 Regular
2 Weak
Size
annual sales of £13.3m, make it larger than the average company (£3.7m)
£13.3m - Tc Funding Iii Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 282%, show it is growing at a faster rate (4.7%)
282% - Tc Funding Iii Limited
4.7% - Industry AVG
Production
with a gross margin of -10.8%, this company has a higher cost of product (38.1%)
-10.8% - Tc Funding Iii Limited
38.1% - Industry AVG
Profitability
an operating margin of 150.3% make it more profitable than the average company (6.3%)
150.3% - Tc Funding Iii Limited
6.3% - Industry AVG
Employees
with 87 employees, this is above the industry average (24)
87 - Tc Funding Iii Limited
24 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Tc Funding Iii Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £152.7k, this is equally as efficient (£153.3k)
£152.7k - Tc Funding Iii Limited
£153.3k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (41 days)
22 days - Tc Funding Iii Limited
41 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tc Funding Iii Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tc Funding Iii Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 146 weeks, this is more cash available to meet short term requirements (24 weeks)
146 weeks - Tc Funding Iii Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.2%, this is a higher level of debt than the average (61.6%)
104.2% - Tc Funding Iii Limited
61.6% - Industry AVG
TC FUNDING III LIMITED financials
EXPORT
Tc Funding Iii Limited's latest turnover from June 2023 is £13.3 million and the company has net assets of -£6.9 million. According to their latest financial statements, we estimate that Tc Funding Iii Limited has 87 employees and maintains cash reserves of £3.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2023
Jun 2022
Dec 2020
Turnover
13,289,244
20,690,756
237,676
Other Income Or Grants
Cost Of Sales
14,727,881
18,734,834
Gross Profit
-1,438,637
1,955,922
237,676
Admin Expenses
-21,417,544
-5,279,343
-3,878,580
Operating Profit
19,978,907
7,235,265
4,116,256
Interest Payable
Interest Receivable
Pre-Tax Profit
-2,511,522
-1,480,621
250
Tax
-570
-570
-48
Profit After Tax
-2,512,092
-1,481,191
202
Dividends Paid
Retained Profit
-2,512,092
-1,481,191
202
Employee Costs
Number Of Employees
87
150
2
EBITDA*
19,978,907
7,235,265
4,116,256
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023
Jun 2022
Dec 2020
Tangible Assets
Intangible Assets
Investments & Other
153,386,918
230,833,955
133,381,004
Debtors (Due After 1 year)
Total Fixed Assets
153,386,918
230,833,955
133,381,004
Stock & work in progress
Trade Debtors
825,000
1,400,756
Group Debtors
270,721
Misc Debtors
1
1
172,486
Cash
3,258,894
3,313,358
1,421,080
misc current assets
7,438,950
1,366,827
total current assets
11,793,566
6,080,942
1,593,566
total assets
165,180,484
236,914,897
134,974,570
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
383,135
3,680
other short term finances
34,811
hp & lease commitments
other current liabilities
774,498
240,440
48
total current liabilities
1,157,633
244,120
34,859
loans
170,889,401
241,025,235
134,939,508
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
170,889,401
241,025,235
134,939,508
total liabilities
172,047,034
241,269,355
134,974,367
net assets
-6,866,550
-4,354,458
203
total shareholders funds
-6,866,550
-4,354,458
203
Jun 2023
Jun 2022
Dec 2020
Operating Activities
Operating Profit
19,978,907
7,235,265
4,116,256
Depreciation
Amortisation
Tax
-570
-570
-48
Stock
Debtors
-305,035
1,400,757
172,486
Creditors
Accruals and Deferred Income
534,058
240,440
48
Deferred Taxes & Provisions
Cash flow from operations
20,817,430
6,074,378
3,943,770
Investing Activities
capital expenditure
Change in Investments
-77,447,037
230,833,955
133,381,004
cash flow from investments
77,447,037
-230,833,955
-133,381,004
Financing Activities
Bank loans
Group/Directors Accounts
379,455
3,680
Other Short Term Loans
34,811
Long term loans
-70,135,834
241,025,235
134,939,508
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-2,873,267
1
interest
cash flow from financing
-69,756,379
238,155,648
134,974,320
cash and cash equivalents
cash
-54,464
3,313,358
1,421,080
overdraft
change in cash
-54,464
3,313,358
1,421,080
tc funding iii limited 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 tc funding iii limited. Get real-time insights into tc funding iii limited's credit score, group structure and payment trends.
Perform a competitor analysis for tc funding iii limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC2R area or any other competitors across 12 key performance metrics.
tc funding iii limited Ownership
TC FUNDING III LIMITED group structure
Tc Funding Iii Limited has no subsidiary companies.
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 2 charges/mortgages relating to tc funding iii limited. Currently there are 2 open charges and 0 have been satisfied in the past.
tc funding iii limited 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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tc funding iii limitedCompanies House Filings - See Documents
