teamworkers uk limited
teamworkers uk limited Company Information
Company Number
NI653066
Website
www.teamwork-uk.co.ukRegistered Address
laganview house ann street, belfast, BT1 3HH
Industry
Other business support service activities n.e.c.
Telephone
448448240247
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
teamwork holdings limited 100%
teamworkers uk limited Estimated Valuation
Pomanda estimates the enterprise value of TEAMWORKERS UK LIMITED at £2.6m based on a Turnover of £4.2m and 0.61x industry multiple (adjusted for size and gross margin).
teamworkers uk limited Estimated Valuation
Pomanda estimates the enterprise value of TEAMWORKERS UK LIMITED at £2.6m based on an EBITDA of £558.3k and a 4.68x industry multiple (adjusted for size and gross margin).
teamworkers uk limited Estimated Valuation
Pomanda estimates the enterprise value of TEAMWORKERS UK LIMITED at £3.4m based on Net Assets of £1.3m and 2.57x industry multiple (adjusted for liquidity).
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Teamworkers Uk Limited Overview
Teamworkers Uk Limited is a live company located in belfast, BT1 3HH with a Companies House number of NI653066. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2018, it's largest shareholder is teamwork holdings limited with a 100% stake. Teamworkers Uk Limited is a young, small sized company, Pomanda has estimated its turnover at £4.2m with high growth in recent years.
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Teamworkers Uk Limited Health Check
Pomanda's financial health check has awarded Teamworkers Uk Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £4.2m, make it in line with the average company (£4.5m)
£4.2m - Teamworkers Uk Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (6.4%)
19% - Teamworkers Uk Limited
6.4% - Industry AVG
Production
with a gross margin of 37.5%, this company has a comparable cost of product (37.5%)
37.5% - Teamworkers Uk Limited
37.5% - Industry AVG
Profitability
an operating margin of 8.7% make it more profitable than the average company (5.7%)
8.7% - Teamworkers Uk Limited
5.7% - Industry AVG
Employees
with 46 employees, this is above the industry average (26)
46 - Teamworkers Uk Limited
26 - Industry AVG
Pay Structure
on an average salary of £68.9k, the company has a higher pay structure (£52.6k)
£68.9k - Teamworkers Uk Limited
£52.6k - Industry AVG
Efficiency
resulting in sales per employee of £91.1k, this is less efficient (£167.7k)
£91.1k - Teamworkers Uk Limited
£167.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Teamworkers Uk Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (31 days)
0 days - Teamworkers Uk Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Teamworkers Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 78 weeks, this is more cash available to meet short term requirements (23 weeks)
78 weeks - Teamworkers Uk Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.1%, this is a lower level of debt than the average (61.9%)
17.1% - Teamworkers Uk Limited
61.9% - Industry AVG
TEAMWORKERS UK LIMITED financials
Teamworkers Uk Limited's latest turnover from December 2023 is £4.2 million and the company has net assets of £1.3 million. According to their latest financial statements, Teamworkers Uk Limited has 46 employees and maintains cash reserves of £418.2 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 | |
|---|---|---|---|---|---|---|
| Turnover | 4,189,291 | 3,584,570 | 2,475,514 | 2,462,024 | 2,011,648 | 569,425 |
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 367,583 | 339,094 | 229,711 | 449,152 | 175,447 | 51,592 |
| Tax | -82,865 | -66,145 | -43,781 | -104,819 | -25,032 | -15,501 |
| Profit After Tax | 284,718 | 272,949 | 185,930 | 344,333 | 150,415 | 36,091 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 284,718 | 272,949 | 185,930 | 344,333 | 150,415 | 36,091 |
| Employee Costs | 3,170,349 | 2,644,008 | 1,744,109 | 1,734,682 | 1,464,328 | 473,894 |
| Number Of Employees | 46 | 47 | 37 | 34 | 30 | 14 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 615,117 | 781,357 | 943,364 | 1,099,034 | 1,183,012 | 31,417 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 6,579 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 621,696 | 781,357 | 943,364 | 1,099,034 | 1,183,012 | 31,417 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 529,573 | 475,388 | 51,100 | 1,744,835 | 1,401,729 | 0 |
| Misc Debtors | 49,724 | 41,440 | 44,737 | 31,766 | 213,276 | 0 |
| Cash | 418,246 | 132,825 | 33,383 | 389,293 | 89,183 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 997,543 | 649,653 | 129,220 | 2,165,894 | 1,704,188 | 160,749 |
| total assets | 1,619,239 | 1,431,010 | 1,072,584 | 3,264,928 | 2,887,200 | 192,166 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,766 | 3,035 | 6,939 | 1,063 | 158,166 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 2,260,904 | 2,220,739 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 131,125 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 270,668 | 370,676 | 289,646 | 412,992 | 290,386 | 0 |
| total current liabilities | 276,434 | 373,711 | 296,585 | 2,674,959 | 2,669,291 | 155,975 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 19,054 | 40,652 | 59,030 | 31,303 | 0 |
| total long term liabilities | 0 | 19,054 | 40,652 | 59,030 | 31,303 | 0 |
| total liabilities | 276,434 | 392,765 | 337,237 | 2,733,989 | 2,700,594 | 155,975 |
| net assets | 1,342,805 | 1,038,245 | 735,347 | 530,939 | 186,606 | 36,191 |
| total shareholders funds | 1,342,805 | 1,038,245 | 735,347 | 530,939 | 186,606 | 36,191 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 192,470 | 198,560 | 193,234 | 182,186 | 58,222 | 3,568 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | -82,865 | -66,145 | -43,781 | -104,819 | -25,032 | -15,501 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 62,469 | 420,991 | -1,680,764 | 161,596 | 1,615,005 | 0 |
| Creditors | 2,731 | -3,904 | 5,876 | -157,103 | 158,166 | 0 |
| Accruals and Deferred Income | -100,008 | 81,030 | -123,346 | 122,606 | 290,386 | 0 |
| Deferred Taxes & Provisions | -19,054 | -21,598 | -18,378 | 27,727 | 31,303 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 6,579 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -2,260,904 | 40,165 | 2,220,739 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -131,125 | 131,125 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | 19,842 | 29,949 | -2,242,426 | 40,165 | 2,089,614 | |
| cash and cash equivalents | ||||||
| cash | 285,421 | 99,442 | -355,910 | 300,110 | 89,183 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 285,421 | 99,442 | -355,910 | 300,110 | 89,183 | 0 |
teamworkers uk limited Credit Report and Business Information
Teamworkers Uk Limited Competitor Analysis
Perform a competitor analysis for teamworkers uk limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in BT1 area or any other competitors across 12 key performance metrics.
teamworkers uk limited Ownership
TEAMWORKERS UK LIMITED group structure
Teamworkers Uk Limited has no subsidiary companies.
Ultimate parent company
TEAMWORKERS UK LIMITED
NI653066
teamworkers uk limited directors
Teamworkers Uk Limited currently has 4 directors. The longest serving directors include Mr Cormac O'Neill (Nov 2020) and Mr Daniel MacKey (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Cormac O'Neill | Northern Ireland | 46 years | Nov 2020 | - | Director |
| Mr Daniel MacKey | Northern Ireland | 45 years | Jan 2021 | - | Director |
| Mr Peter Coppinger | Northern Ireland | 45 years | Jan 2021 | - | Director |
| Mr John O'Mara | Northern Ireland | 60 years | Jan 2021 | - | Director |
P&L
December 2023turnover
4.2m
+17%
operating profit
365.8k
0%
gross margin
37.6%
-3.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.3m
+0.29%
total assets
1.6m
+0.13%
cash
418.2k
+2.15%
net assets
Total assets minus all liabilities
teamworkers uk limited company details
company number
NI653066
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 2018
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG
address
laganview house ann street, belfast, BT1 3HH
Bank
HSBC BANK PLC
Legal Advisor
MAPLES GROUP
teamworkers uk 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 did not find charges/mortgages relating to teamworkers uk limited.
teamworkers uk limited Companies House Filings - See Documents
| date | description | view/download |
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