ttg global solutions group limited
ttg global solutions group limited Company Information
Company Number
14056999
Website
-Registered Address
field house uttoxeter old road, derby, DE1 1NH
Industry
Non-trading company
Telephone
01332375596
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
peter burridge 30%
michael norfield 29%
View Allttg global solutions group limited Estimated Valuation
Pomanda estimates the enterprise value of TTG GLOBAL SOLUTIONS GROUP LIMITED at £16.8m based on a Turnover of £19.3m and 0.87x industry multiple (adjusted for size and gross margin).
ttg global solutions group limited Estimated Valuation
Pomanda estimates the enterprise value of TTG GLOBAL SOLUTIONS GROUP LIMITED at £29.1m based on an EBITDA of £4.1m and a 7.09x industry multiple (adjusted for size and gross margin).
ttg global solutions group limited Estimated Valuation
Pomanda estimates the enterprise value of TTG GLOBAL SOLUTIONS GROUP LIMITED at £5m based on Net Assets of £2.3m and 2.16x industry multiple (adjusted for liquidity).
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Ttg Global Solutions Group Limited Overview
Ttg Global Solutions Group Limited is a live company located in derby, DE1 1NH with a Companies House number of 14056999. It operates in the non-trading company sector, SIC Code 74990. Founded in April 2022, it's largest shareholder is peter burridge with a 30% stake. Ttg Global Solutions Group Limited is a startup, mid sized company, Pomanda has estimated its turnover at £19.3m with unknown growth in recent years.
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Ttg Global Solutions Group Limited Health Check
Pomanda's financial health check has awarded Ttg Global Solutions Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £19.3m, make it larger than the average company (£3.6m)
£19.3m - Ttg Global Solutions Group Limited
£3.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ttg Global Solutions Group Limited
- - Industry AVG
Production
with a gross margin of 49.2%, this company has a lower cost of product (35.2%)
49.2% - Ttg Global Solutions Group Limited
35.2% - Industry AVG
Profitability
an operating margin of 14.5% make it more profitable than the average company (5%)
14.5% - Ttg Global Solutions Group Limited
5% - Industry AVG
Employees
with 116 employees, this is above the industry average (41)
116 - Ttg Global Solutions Group Limited
41 - Industry AVG
Pay Structure
on an average salary of £70.7k, the company has a higher pay structure (£40k)
£70.7k - Ttg Global Solutions Group Limited
£40k - Industry AVG
Efficiency
resulting in sales per employee of £166.4k, this is equally as efficient (£145.5k)
£166.4k - Ttg Global Solutions Group Limited
£145.5k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is near the average (40 days)
43 days - Ttg Global Solutions Group Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (40 days)
59 days - Ttg Global Solutions Group Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 115 days, this is more than average (44 days)
115 days - Ttg Global Solutions Group Limited
44 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is less cash available to meet short term requirements (39 weeks)
19 weeks - Ttg Global Solutions Group Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.9%, this is a higher level of debt than the average (42.9%)
77.9% - Ttg Global Solutions Group Limited
42.9% - Industry AVG
TTG GLOBAL SOLUTIONS GROUP LIMITED financials
Ttg Global Solutions Group Limited's latest turnover from October 2023 is £19.3 million and the company has net assets of £2.3 million. According to their latest financial statements, Ttg Global Solutions Group Limited has 116 employees and maintains cash reserves of £2.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Aug 2022 | |
|---|---|---|
| Turnover | 19,300,000 | |
| Other Income Or Grants | 0 | |
| Cost Of Sales | 9,800,000 | |
| Gross Profit | 9,500,000 | |
| Admin Expenses | 6,700,000 | |
| Operating Profit | 2,800,000 | |
| Interest Payable | 100,000 | |
| Interest Receivable | 0 | |
| Pre-Tax Profit | 2,700,000 | |
| Tax | 0 | |
| Profit After Tax | 2,700,000 | |
| Dividends Paid | 0 | |
| Retained Profit | 2,700,000 | |
| Employee Costs | 8,200,000 | |
| Number Of Employees | 116 | |
| EBITDA* | 4,100,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Aug 2022 | |
|---|---|---|
| Tangible Assets | 2,000,000 | 0 |
| Intangible Assets | -700,000 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 100,000 | 0 |
| Total Fixed Assets | 1,400,000 | 0 |
| Stock & work in progress | 3,100,000 | 0 |
| Trade Debtors | 2,300,000 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 800,000 | 0 |
| Cash | 2,800,000 | 1 |
| misc current assets | 0 | 0 |
| total current assets | 9,000,000 | 1 |
| total assets | 10,400,000 | 1 |
| Bank overdraft | 800,000 | 0 |
| Bank loan | 200,000 | 0 |
| Trade Creditors | 1,600,000 | 0 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 100,000 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 4,800,000 | 0 |
| total current liabilities | 7,500,000 | 0 |
| loans | 600,000 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 600,000 | 0 |
| total liabilities | 8,100,000 | 0 |
| net assets | 2,300,000 | 1 |
| total shareholders funds | 2,300,000 | 1 |
| Oct 2023 | Aug 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | 2,800,000 | |
| Depreciation | 100,000 | 0 |
| Amortisation | 1,200,000 | 0 |
| Tax | 0 | |
| Stock | 3,100,000 | 0 |
| Debtors | 3,200,000 | 0 |
| Creditors | 1,600,000 | 0 |
| Accruals and Deferred Income | 4,800,000 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | 4,200,000 | |
| Investing Activities | ||
| capital expenditure | 0 | |
| Change in Investments | 0 | 0 |
| cash flow from investments | 0 | |
| Financing Activities | ||
| Bank loans | 200,000 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 100,000 | 0 |
| Long term loans | 600,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -100,000 | |
| cash flow from financing | 399,999 | |
| cash and cash equivalents | ||
| cash | 2,799,999 | 1 |
| overdraft | 800,000 | 0 |
| change in cash | 1,999,999 | 1 |
ttg global solutions group limited Credit Report and Business Information
Ttg Global Solutions Group Limited Competitor Analysis
Perform a competitor analysis for ttg global solutions group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in DE1 area or any other competitors across 12 key performance metrics.
ttg global solutions group limited Ownership
TTG GLOBAL SOLUTIONS GROUP LIMITED group structure
Ttg Global Solutions Group Limited has no subsidiary companies.
Ultimate parent company
TTG GLOBAL SOLUTIONS GROUP LIMITED
14056999
ttg global solutions group limited directors
Ttg Global Solutions Group Limited currently has 5 directors. The longest serving directors include Mr Philip Williams (Apr 2022) and Mr Andrew Woodhall (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Williams | United Kingdom | 56 years | Apr 2022 | - | Director |
| Mr Andrew Woodhall | United Kingdom | 59 years | Apr 2022 | - | Director |
| Mr Philip Williams | United Kingdom | 56 years | Apr 2022 | - | Director |
| Mr Michael Norfield | United Kingdom | 61 years | Apr 2022 | - | Director |
| Mr Peter Burridge | United Kingdom | 68 years | Apr 2022 | - | Director |
P&L
October 2023turnover
19.3m
0%
operating profit
2.8m
0%
gross margin
49.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
2.3m
+2299999%
total assets
10.4m
+10399999%
cash
2.8m
+2799999%
net assets
Total assets minus all liabilities
Similar Companies
ttg global solutions group limited company details
company number
14056999
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
April 2022
age
2
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
PKF SMITH COOPER AUDIT LIMITED
address
field house uttoxeter old road, derby, DE1 1NH
Bank
HSBC BANK PLC, HSBC BANK PLC, HSBC BANK PLC
Legal Advisor
-
ttg global solutions group limited 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 ttg global solutions group limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ttg global solutions group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
