Remediation activities and other waste management services.
Registered Address
28a springfield road, springfield, enniskillen, BT74 8DS
Website
-
oversize tyre recycling ltdEstimated Valuation
£418.9k
Pomanda estimates the enterprise value of OVERSIZE TYRE RECYCLING LTD at £418.9k based on a Turnover of £934k and 0.45x industry multiple (adjusted for size and gross margin).
oversize tyre recycling ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of OVERSIZE TYRE RECYCLING LTD at £0 based on an EBITDA of £-48.3k and a 3.1x industry multiple (adjusted for size and gross margin).
oversize tyre recycling ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of OVERSIZE TYRE RECYCLING LTD at £0 based on Net Assets of £-309.2k and 2.08x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Oversize Tyre Recycling LtdOverview
Oversize Tyre Recycling Ltd is a live company located in enniskillen, BT74 8DS with a Companies House number of NI692169. It operates in the remediation activities and other waste management services sector, SIC Code 39000. Founded in October 2022, it's largest shareholder is
markorah limited
with a 100% stake. Oversize Tyre Recycling Ltd is a startup,
small sized company, Pomanda has estimated its turnover at
£934k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Oversize Tyre Recycling Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
5 Weak
Size
annual sales of £934k, make it smaller than the average company (£11.7m)
£934k - Oversize Tyre Recycling Ltd
£11.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Oversize Tyre Recycling Ltd
- - Industry AVG
Production
with a gross margin of 16.8%, this company has a higher cost of product (23.6%)
16.8% - Oversize Tyre Recycling Ltd
23.6% - Industry AVG
Profitability
an operating margin of -6% make it less profitable than the average company (4.9%)
-6% - Oversize Tyre Recycling Ltd
4.9% - Industry AVG
Employees
with 5 employees, this is below the industry average (49)
5 - Oversize Tyre Recycling Ltd
49 - Industry AVG
Pay Structure
on an average salary of £46.9k, the company has an equivalent pay structure (£46.9k)
£46.9k - Oversize Tyre Recycling Ltd
£46.9k - Industry AVG
Efficiency
resulting in sales per employee of £186.8k, this is equally as efficient (£195.9k)
£186.8k - Oversize Tyre Recycling Ltd
£195.9k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is earlier than average (52 days)
36 days - Oversize Tyre Recycling Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 204 days, this is slower than average (37 days)
204 days - Oversize Tyre Recycling Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Oversize Tyre Recycling Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Oversize Tyre Recycling Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 345.8%, this is a higher level of debt than the average (66.5%)
345.8% - Oversize Tyre Recycling Ltd
66.5% - Industry AVG
OVERSIZE TYRE RECYCLING LTD financials
EXPORT
Oversize Tyre Recycling Ltd's latest turnover from June 2024 is estimated at £934 thousand and the company has net assets of -£309.2 thousand. According to their latest financial statements, Oversize Tyre Recycling Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Turnover
933,978
726,070
Other Income Or Grants
Cost Of Sales
777,245
621,852
Gross Profit
156,733
104,218
Admin Expenses
212,845
358,835
Operating Profit
-56,112
-254,617
Interest Payable
Interest Receivable
739
703
Pre-Tax Profit
-55,373
-253,914
Tax
Profit After Tax
-55,373
-253,914
Dividends Paid
Retained Profit
-55,373
-253,914
Employee Costs
234,291
274,046
Number Of Employees
5
6
EBITDA*
-48,284
-252,205
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Tangible Assets
15,040
43,759
Intangible Assets
17,420
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
32,460
43,759
Stock & work in progress
900
Trade Debtors
93,315
64,824
Group Debtors
Misc Debtors
Cash
28,138
misc current assets
total current assets
93,315
93,862
total assets
125,775
137,621
Bank overdraft
Bank loan
Trade Creditors
434,962
391,435
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
434,962
391,435
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
434,962
391,435
net assets
-309,187
-253,814
total shareholders funds
-309,187
-253,814
Jun 2024
Jun 2023
Operating Activities
Operating Profit
-56,112
-254,617
Depreciation
5,165
2,412
Amortisation
2,663
Tax
Stock
-900
900
Debtors
28,491
64,824
Creditors
43,527
391,435
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-32,348
73,506
Investing Activities
capital expenditure
3,471
-46,171
Change in Investments
cash flow from investments
3,471
-46,171
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
739
703
cash flow from financing
739
803
cash and cash equivalents
cash
-28,138
28,138
overdraft
change in cash
-28,138
28,138
oversize tyre recycling 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 oversize tyre recycling ltd. Get real-time insights into oversize tyre recycling ltd's credit score, group structure and payment trends.
Perform a competitor analysis for oversize tyre recycling ltd by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other small companies, companies in BT74 area or any other competitors across 12 key performance metrics.
oversize tyre recycling ltd Ownership
OVERSIZE TYRE RECYCLING LTD group structure
Oversize Tyre Recycling Ltd has no subsidiary companies.
The sole shareholder of Oversize Tyre Recycling Ltd is Markorah Limited.
markorah limited
100%
oversize tyre recycling ltd directors
Oversize Tyre Recycling Ltd currently has 3 directors.
The longest serving directors include
Mr Michael O'Callaghan (Oct 2022) and
Mr Patrick McBride (Oct 2022).
28a springfield road, springfield, enniskillen, BT74 8DS
Bank
-
Legal Advisor
-
oversize tyre recycling 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 oversize tyre recycling ltd.
oversize tyre recycling 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 OVERSIZE TYRE RECYCLING LTD. This can take several minutes, an email will notify you when this has completed.
oversize tyre recycling ltdCompanies House Filings - See Documents
