Pomanda estimates the enterprise value of TQ EVENTS LTD at £32.7k based on a Turnover of £39.6k and 0.82x industry multiple (adjusted for size and gross margin).
tq events ltdEstimated Valuation
£20.6k
Pomanda estimates the enterprise value of TQ EVENTS LTD at £20.6k based on an EBITDA of £4.6k and a 4.49x industry multiple (adjusted for size and gross margin).
tq events ltdEstimated Valuation
£12.5k
Pomanda estimates the enterprise value of TQ EVENTS LTD at £12.5k based on Net Assets of £3.6k and 3.45x industry multiple (adjusted for liquidity).
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Tq Events LtdOverview
Tq Events Ltd is a live company located in skelmersdale, WN8 8AZ with a Companies House number of 14346562. It operates in the sports and recreation education sector, SIC Code 85510. Founded in September 2022, it's largest shareholder is
garreth rafferty
with a 100% stake. Tq Events Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£39.6k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Tq Events Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
3 Strong
3 Regular
2 Weak
Size
annual sales of £39.6k, make it smaller than the average company (£207.5k)
£39.6k - Tq Events Ltd
£207.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Tq Events Ltd
- - Industry AVG
Production
with a gross margin of 61%, this company has a comparable cost of product (61%)
61% - Tq Events Ltd
61% - Industry AVG
Profitability
an operating margin of 11.6% make it more profitable than the average company (2.9%)
11.6% - Tq Events Ltd
2.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Tq Events Ltd
7 - Industry AVG
Pay Structure
on an average salary of £19.6k, the company has an equivalent pay structure (£19.6k)
£19.6k - Tq Events Ltd
£19.6k - Industry AVG
Efficiency
resulting in sales per employee of £39.6k, this is equally as efficient (£39.6k)
£39.6k - Tq Events Ltd
£39.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Tq Events Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tq Events Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tq Events Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 279 weeks, this is more cash available to meet short term requirements (111 weeks)
279 weeks - Tq Events Ltd
111 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.6%, this is a lower level of debt than the average (35.6%)
18.6% - Tq Events Ltd
35.6% - Industry AVG
TQ EVENTS LTD financials
EXPORT
Tq Events Ltd's latest turnover from September 2023 is estimated at £39.6 thousand and the company has net assets of £3.6 thousand. According to their latest financial statements, Tq Events Ltd has 1 employee and maintains cash reserves of £4.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Turnover
39,646
Other Income Or Grants
Cost Of Sales
15,445
Gross Profit
24,201
Admin Expenses
19,619
Operating Profit
4,582
Interest Payable
Interest Receivable
117
Pre-Tax Profit
4,699
Tax
-1,175
Profit After Tax
3,524
Dividends Paid
Retained Profit
3,524
Employee Costs
19,617
Number Of Employees
1
EBITDA*
4,582
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash
4,451
misc current assets
total current assets
4,451
total assets
4,451
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
827
total current liabilities
827
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
827
net assets
3,624
total shareholders funds
3,624
Sep 2023
Operating Activities
Operating Profit
4,582
Depreciation
Amortisation
Tax
-1,175
Stock
Debtors
Creditors
Accruals and Deferred Income
827
Deferred Taxes & Provisions
Cash flow from operations
4,234
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
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
100
interest
117
cash flow from financing
217
cash and cash equivalents
cash
4,451
overdraft
change in cash
4,451
tq events 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 tq events ltd. Get real-time insights into tq events ltd's credit score, group structure and payment trends.
Perform a competitor analysis for tq events ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in WN8 area or any other competitors across 12 key performance metrics.
tq events ltd Ownership
TQ EVENTS LTD group structure
Tq Events Ltd has no subsidiary companies.
Ultimate parent company
TQ EVENTS LTD
14346562
TQ EVENTS LTD Shareholders
The sole shareholder of Tq Events Ltd is Garreth Rafferty.
garreth rafferty
100%
tq events ltd directors
Tq Events Ltd currently has 1 director, Mr Garreth Rafferty serving since Sep 2022.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023
net assets
3.6k
0%
total assets
4.5k
0%
cash
4.5k
0%
net assets
Total assets minus all liabilities
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tq events ltd company details
company number
14346562
Type
Private limited with Share Capital
industry
85510 - Sports and recreation education
incorporation date
September 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
FINLEY JAMES LTD
auditor
-
address
certac house westgate, skelmersdale, WN8 8AZ
Bank
-
Legal Advisor
-
tq events 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 tq events ltd.
tq events 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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tq events ltdCompanies House Filings - See Documents
