tcs ni limited
tcs ni limited Company Information
Group Structure
View All
Industry
Wholesale of furniture, carpets and lighting equipment
Registered Address
57 chancellors road, newry, BT35 8PX
Website
www.tcsimports.comtcs ni limited Estimated Valuation
Pomanda estimates the enterprise value of TCS NI LIMITED at £672.2k based on a Turnover of £2m and 0.34x industry multiple (adjusted for size and gross margin).
tcs ni limited Estimated Valuation
Pomanda estimates the enterprise value of TCS NI LIMITED at £1.6m based on an EBITDA of £445.8k and a 3.53x industry multiple (adjusted for size and gross margin).
tcs ni limited Estimated Valuation
Pomanda estimates the enterprise value of TCS NI LIMITED at £1.1m based on Net Assets of £699.1k and 1.63x industry multiple (adjusted for liquidity).
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Tcs Ni Limited Overview
Tcs Ni Limited is a live company located in newry, BT35 8PX with a Companies House number of NI628207. It operates in the wholesale of furniture, carpets and lighting equipment sector, SIC Code 46470. Founded in December 2014, it's largest shareholder is small holdco ltd with a 100% stake. Tcs Ni Limited is a established, small sized company, Pomanda has estimated its turnover at £2m with rapid growth in recent years.
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Tcs Ni Limited Health Check
Pomanda's financial health check has awarded Tcs Ni Limited a 4.5 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
4 Strong
4 Regular
4 Weak
Size
annual sales of £2m, make it smaller than the average company (£14.3m)
- Tcs Ni Limited
£14.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 1288%, show it is growing at a faster rate (6.2%)
- Tcs Ni Limited
6.2% - Industry AVG
Production
with a gross margin of 29.2%, this company has a comparable cost of product (29.2%)
- Tcs Ni Limited
29.2% - Industry AVG
Profitability
an operating margin of 21.5% make it more profitable than the average company (2.3%)
- Tcs Ni Limited
2.3% - Industry AVG
Employees
with 7 employees, this is below the industry average (45)
7 - Tcs Ni Limited
45 - Industry AVG
Pay Structure
on an average salary of £37.9k, the company has an equivalent pay structure (£37.9k)
- Tcs Ni Limited
£37.9k - Industry AVG
Efficiency
resulting in sales per employee of £285.7k, this is equally as efficient (£317.8k)
- Tcs Ni Limited
£317.8k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (41 days)
- Tcs Ni Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (31 days)
- Tcs Ni Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 370 days, this is more than average (75 days)
- Tcs Ni Limited
75 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (9 weeks)
3 weeks - Tcs Ni Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.2%, this is a similar level of debt than the average (52.1%)
54.2% - Tcs Ni Limited
52.1% - Industry AVG
TCS NI LIMITED financials
Tcs Ni Limited's latest turnover from December 2023 is estimated at £2 million and the company has net assets of £699.1 thousand. According to their latest financial statements, Tcs Ni Limited has 7 employees and maintains cash reserves of £32 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 7 | 5 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 48,474 | 13,387 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 48,474 | 13,387 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 1,434,853 | 1,260,956 | 380,050 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,241 | 11,207 | 68,656 | 100 | 100 | 100 | 100 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,470 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 31,971 | 40,873 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,479,535 | 1,313,036 | 448,706 | 100 | 100 | 100 | 100 | 0 | 0 |
| total assets | 1,528,009 | 1,326,423 | 448,706 | 100 | 100 | 100 | 100 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 149,755 | 362,838 | 19,680 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 273,352 | 585,055 | 368,776 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 423,107 | 947,893 | 388,456 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 397,844 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 7,915 | 2,544 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 405,759 | 2,544 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 828,866 | 950,437 | 388,456 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 699,143 | 375,986 | 60,250 | 100 | 100 | 100 | 100 | 0 | 0 |
| total shareholders funds | 699,143 | 375,986 | 60,250 | 100 | 100 | 100 | 100 | 0 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 16,876 | 4,463 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||
| Stock | 173,897 | 880,906 | 380,050 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,504 | -57,449 | 68,556 | 0 | 0 | 0 | 100 | 0 | 0 |
| Creditors | -213,083 | 343,158 | 19,680 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -311,703 | 216,279 | 368,776 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 5,371 | 2,544 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 397,844 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -8,902 | 40,873 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -8,902 | 40,873 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
tcs ni limited Credit Report and Business Information
Tcs Ni Limited Competitor Analysis
Perform a competitor analysis for tcs ni limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BT35 area or any other competitors across 12 key performance metrics.
tcs ni limited Ownership
TCS NI LIMITED group structure
Tcs Ni Limited has no subsidiary companies.
tcs ni limited directors
Tcs Ni Limited currently has 1 director, Mr Thomas Small serving since Sep 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Small | Northern Ireland | 50 years | Sep 2021 | - | Director |
P&L
December 2023turnover
2m
+14%
operating profit
429k
0%
gross margin
29.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
699.1k
+0.86%
total assets
1.5m
+0.15%
cash
32k
-0.22%
net assets
Total assets minus all liabilities
tcs ni limited company details
company number
NI628207
Type
Private limited with Share Capital
industry
46470 - Wholesale of furniture, carpets and lighting equipment
incorporation date
December 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
tcs for less limited (September 2021)
accountant
-
auditor
-
address
57 chancellors road, newry, BT35 8PX
Bank
-
Legal Advisor
-
tcs ni 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 2 charges/mortgages relating to tcs ni limited. Currently there are 2 open charges and 0 have been satisfied in the past.
tcs ni 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.
Click to start generating capital raising & share issue transactions for TCS NI LIMITED. This can take several minutes, an email will notify you when this has completed.
tcs ni limited Companies House Filings - See Documents
| date | description | view/download |
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