Pomanda estimates the enterprise value of T&M RETAIL LTD at £1.1m based on a Turnover of £3.6m and 0.32x industry multiple (adjusted for size and gross margin).
t&m retail ltdEstimated Valuation
£171.8k
Pomanda estimates the enterprise value of T&M RETAIL LTD at £171.8k based on an EBITDA of £47.2k and a 3.64x industry multiple (adjusted for size and gross margin).
t&m retail ltdEstimated Valuation
£650.3k
Pomanda estimates the enterprise value of T&M RETAIL LTD at £650.3k based on Net Assets of £252.6k and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
T&m Retail LtdOverview
T&m Retail Ltd is a live company located in newtownabbey, BT36 4RT with a Companies House number of NI622984. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in February 2014, it's largest shareholder is
tara grimes
with a 50% stake. T&m Retail Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£3.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded T&M Retail Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
4 Regular
4 Weak
Size
annual sales of £3.6m, make it larger than the average company (£2.7m)
£3.6m - T&m Retail Ltd
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.3%)
6% - T&m Retail Ltd
6.3% - Industry AVG
Production
with a gross margin of 23.3%, this company has a comparable cost of product (23.3%)
23.3% - T&m Retail Ltd
23.3% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (3.4%)
0.8% - T&m Retail Ltd
3.4% - Industry AVG
Employees
with 65 employees, this is above the industry average (24)
65 - T&m Retail Ltd
24 - Industry AVG
Pay Structure
on an average salary of £17.1k, the company has an equivalent pay structure (£17.1k)
£17.1k - T&m Retail Ltd
£17.1k - Industry AVG
Efficiency
resulting in sales per employee of £54.7k, this is less efficient (£126.9k)
£54.7k - T&m Retail Ltd
£126.9k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (5 days)
1 days - T&m Retail Ltd
5 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (30 days)
26 days - T&m Retail Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is in line with average (19 days)
23 days - T&m Retail Ltd
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 46 weeks, this is more cash available to meet short term requirements (20 weeks)
46 weeks - T&m Retail Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70%, this is a higher level of debt than the average (62.4%)
70% - T&m Retail Ltd
62.4% - Industry AVG
T&M RETAIL LTD financials
EXPORT
T&M Retail Ltd's latest turnover from March 2024 is estimated at £3.6 million and the company has net assets of £252.6 thousand. According to their latest financial statements, T&M Retail Ltd has 65 employees and maintains cash reserves of £399.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Turnover
3,558,622
4,044,744
2,898,831
2,992,756
3,155,370
3,484,647
3,186,840
3,962,953
4,169,863
4,278,247
Other Income Or Grants
Cost Of Sales
2,731,023
3,116,445
2,227,604
2,330,296
2,425,345
2,705,636
2,494,567
3,091,329
3,262,125
3,344,791
Gross Profit
827,599
928,299
671,227
662,459
730,025
779,011
692,273
871,625
907,738
933,456
Admin Expenses
798,939
871,612
543,669
539,005
730,248
783,802
513,942
873,763
1,012,450
908,287
Operating Profit
28,660
56,687
127,558
123,454
-223
-4,791
178,331
-2,138
-104,712
25,169
Interest Payable
15,887
17,851
13,099
11,462
11,651
15,409
16,188
15,974
8,625
Interest Receivable
24,235
21,057
3,272
292
152
969
615
235
364
175
Pre-Tax Profit
37,008
59,893
117,731
112,284
-11,722
-19,231
162,759
-17,877
-112,973
25,344
Tax
-9,252
-11,380
-22,369
-21,334
-30,924
-5,322
Profit After Tax
27,756
48,513
95,362
90,950
-11,722
-19,231
131,835
-17,877
-112,973
20,022
Dividends Paid
Retained Profit
27,756
48,513
95,362
90,950
-11,722
-19,231
131,835
-17,877
-112,973
20,022
Employee Costs
1,113,264
1,110,331
726,088
613,974
760,700
869,612
892,364
1,046,666
554,464
511,836
Number Of Employees
65
68
45
41
49
54
58
73
42
40
EBITDA*
47,152
69,519
143,523
163,367
42,966
64,331
243,600
58,451
-44,488
73,977
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Tangible Assets
61,755
62,680
48,455
55,689
67,344
101,283
113,443
119,305
147,459
166,652
Intangible Assets
5,000
35,000
65,000
95,000
125,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
61,755
62,680
48,455
55,689
67,344
106,283
148,443
184,305
242,459
291,652
Stock & work in progress
172,254
205,651
154,327
137,887
137,573
175,727
163,603
175,493
146,595
179,685
Trade Debtors
12,929
15,111
14,004
29,877
38,457
30,392
8,080
5,615
85,862
67,309
Group Debtors
Misc Debtors
194,895
122,784
123,253
125,714
90,497
77,255
102,262
45,565
Cash
399,259
523,983
466,922
405,592
179,092
124,180
134,213
111,944
75,793
69,992
misc current assets
total current assets
779,337
867,529
758,506
699,070
445,619
407,554
408,158
338,617
308,250
316,986
total assets
841,092
930,209
806,961
754,759
512,963
513,837
556,601
522,922
550,709
608,638
Bank overdraft
17,696
17,047
32,532
19,602
33,346
18,955
30,000
Bank loan
20,000
Trade Creditors
198,214
296,781
289,206
259,334
266,898
282,926
257,630
364,985
342,883
322,846
Group/Directors Accounts
other short term finances
20,000
hp & lease commitments
other current liabilities
229,515
229,171
142,135
216,336
78,280
24,872
25,655
22,992
35,388
total current liabilities
445,425
542,999
463,873
495,272
378,524
326,753
313,285
407,977
398,271
322,846
loans
106,476
141,214
157,513
178,481
144,383
185,306
222,307
225,771
245,387
hp & lease commitments
Accruals and Deferred Income
other liabilities
265,768
provisions
36,554
21,115
9,207
total long term liabilities
143,030
162,329
166,720
178,481
144,383
185,306
222,307
225,771
245,387
265,768
total liabilities
588,455
705,328
630,593
673,753
522,907
512,059
535,592
633,748
643,658
588,614
net assets
252,637
224,881
176,368
81,006
-9,944
1,778
21,009
-110,826
-92,949
20,024
total shareholders funds
252,637
224,881
176,368
81,006
-9,944
1,778
21,009
-110,826
-92,949
20,024
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Operating Activities
Operating Profit
28,660
56,687
127,558
123,454
-223
-4,791
178,331
-2,138
-104,712
25,169
Depreciation
18,492
12,832
15,965
39,913
38,189
39,122
35,269
30,589
30,224
23,808
Amortisation
5,000
30,000
30,000
30,000
30,000
25,000
Tax
-9,252
-11,380
-22,369
-21,334
-30,924
-5,322
Stock
-33,397
51,324
16,440
314
-38,154
12,124
-11,890
28,898
-33,090
179,685
Debtors
69,929
638
-18,334
26,637
21,307
-2,695
59,162
-34,682
18,553
67,309
Creditors
-98,567
7,575
29,872
-7,564
-16,028
25,296
-107,355
22,102
20,037
322,846
Accruals and Deferred Income
344
87,036
-74,201
138,056
53,408
-783
2,663
-12,396
35,388
Deferred Taxes & Provisions
15,439
11,908
9,207
Cash flow from operations
-81,416
112,696
87,926
245,574
97,193
79,415
60,712
73,941
25,474
144,507
Investing Activities
capital expenditure
-17,567
-27,057
-8,731
-28,258
-4,250
-26,962
-29,407
-2,435
-11,031
-340,460
Change in Investments
cash flow from investments
-17,567
-27,057
-8,731
-28,258
-4,250
-26,962
-29,407
-2,435
-11,031
-340,460
Financing Activities
Bank loans
-20,000
20,000
Group/Directors Accounts
Other Short Term Loans
-20,000
20,000
Long term loans
-34,738
-16,299
-20,968
34,098
-40,923
-37,001
-3,464
-19,616
245,387
Hire Purchase and Lease Commitments
other long term liabilities
-265,768
265,768
share issue
2
interest
8,348
3,206
-9,827
-11,170
-11,499
-14,440
-15,573
-15,739
-8,261
175
cash flow from financing
-26,390
-13,093
-30,795
22,928
-52,422
-51,441
-39,037
-35,355
-8,642
265,945
cash and cash equivalents
cash
-124,724
57,061
61,330
226,500
54,912
-10,033
22,269
36,151
5,801
69,992
overdraft
649
-15,485
12,930
-13,744
14,391
-11,045
30,000
change in cash
-125,373
72,546
48,400
240,244
40,521
1,012
-7,731
36,151
5,801
69,992
t&m retail 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 t&m retail ltd. Get real-time insights into t&m retail ltd's credit score, group structure and payment trends.
Perform a competitor analysis for t&m retail 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 BT36 area or any other competitors across 12 key performance metrics.
t&m retail ltd Ownership
T&M RETAIL LTD group structure
T&M Retail Ltd has no subsidiary companies.
Ultimate parent company
T&M RETAIL LTD
NI622984
T&M RETAIL LTD Shareholders
The largest shareholders in T&M Retail Ltd include Tara Grimes and Martin Gerald Grimes.
tara grimes
50%
martin gerald grimes
50%
t&m retail ltd directors
T&M Retail Ltd currently has 3 directors.
The longest serving directors include
Mr Neil Gamble (Apr 2025) and
Mr Martin Agnew (Apr 2025).
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
CAVANAGH KELLY
auditor
-
address
9 hightown avenue, newtownabbey, BT36 4RT
Bank
-
Legal Advisor
-
t&m retail 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 t&m retail ltd.
t&m retail 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 T&M RETAIL LTD. This can take several minutes, an email will notify you when this has completed.
t&m retail ltdCompanies House Filings - See Documents
