Pomanda estimates the enterprise value of TENNANT TRANSPORT LIMITED at £2.9m based on a Turnover of £5.8m and 0.49x industry multiple (adjusted for size and gross margin).
tennant transport limitedEstimated Valuation
£1.5m
Pomanda estimates the enterprise value of TENNANT TRANSPORT LIMITED at £1.5m based on an EBITDA of £398.9k and a 3.67x industry multiple (adjusted for size and gross margin).
tennant transport limitedEstimated Valuation
£5.3m
Pomanda estimates the enterprise value of TENNANT TRANSPORT LIMITED at £5.3m based on Net Assets of £2.4m and 2.23x industry multiple (adjusted for liquidity).
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Tennant Transport LimitedOverview
Tennant Transport Limited is a live company located in lanark, ML11 8SG with a Companies House number of SC055283. It operates in the freight transport by road sector, SIC Code 49410. Founded in March 1974, it's largest shareholder is
tennant transport forth ltd
with a 100% stake. Tennant Transport Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.8m with
declining
growth in recent years.
Pomanda's financial health check has awarded Tennant Transport Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
8 Weak
Size
annual sales of £5.8m, make it smaller than the average company (£9.4m)
£5.8m - Tennant Transport Limited
£9.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (9.1%)
-1% - Tennant Transport Limited
9.1% - Industry AVG
Production
with a gross margin of 22.6%, this company has a comparable cost of product (22.6%)
22.6% - Tennant Transport Limited
22.6% - Industry AVG
Profitability
an operating margin of -3.5% make it less profitable than the average company (4.8%)
-3.5% - Tennant Transport Limited
4.8% - Industry AVG
Employees
with 42 employees, this is below the industry average (60)
42 - Tennant Transport Limited
60 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
£40.9k - Tennant Transport Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £138.8k, this is equally as efficient (£135.8k)
£138.8k - Tennant Transport Limited
£135.8k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (52 days)
72 days - Tennant Transport Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (31 days)
19 days - Tennant Transport Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is more than average (1 days)
4 days - Tennant Transport Limited
1 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 9 weeks, this is less cash available to meet short term requirements (12 weeks)
9 weeks - Tennant Transport Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.4%, this is a lower level of debt than the average (61%)
43.4% - Tennant Transport Limited
61% - Industry AVG
TENNANT TRANSPORT LIMITED financials
EXPORT
Tennant Transport Limited's latest turnover from April 2024 is estimated at £5.8 million and the company has net assets of £2.4 million. According to their latest financial statements, Tennant Transport Limited has 42 employees and maintains cash reserves of £160.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
5,829,305
6,796,646
6,357,319
6,089,280
5,480,092
10,831,825
7,467,595
6,688,604
6,828,463
5,851,141
7,361,176
6,747,622
6,725,599
7,188,149
7,016,745
Other Income Or Grants
Cost Of Sales
4,511,241
5,344,034
5,003,725
4,836,823
4,384,653
8,716,172
5,992,107
5,311,224
5,453,873
4,744,419
5,993,314
5,500,333
5,465,013
5,766,325
5,518,908
Gross Profit
1,318,064
1,452,612
1,353,594
1,252,457
1,095,439
2,115,652
1,475,488
1,377,380
1,374,590
1,106,722
1,367,863
1,247,289
1,260,586
1,421,824
1,497,837
Admin Expenses
1,520,619
1,851,088
1,531,924
988,939
1,085,931
1,516,359
1,298,314
1,194,659
1,010,564
424,077
979,062
1,265,632
1,155,748
1,412,914
358,744
Operating Profit
-202,555
-398,476
-178,330
263,518
9,508
599,293
177,174
182,721
364,026
682,645
388,801
-18,343
104,838
8,910
1,139,093
Interest Payable
1,757
41,233
59,109
19,633
Interest Receivable
14,178
27,130
7,076
761
345
923
505
353
978
564
25
100
174
174
86
Pre-Tax Profit
-188,377
-371,346
-171,254
264,279
9,853
600,216
177,679
183,074
363,248
641,976
329,716
-37,876
105,012
9,084
1,139,179
Tax
-50,213
-1,872
-114,041
-33,759
-34,784
-72,649
-128,395
-69,240
-25,203
-2,362
-318,970
Profit After Tax
-188,377
-371,346
-171,254
214,066
7,981
486,175
143,920
148,290
290,598
513,581
260,476
-37,876
79,809
6,722
820,209
Dividends Paid
Retained Profit
-188,377
-371,346
-171,254
214,066
7,981
486,175
143,920
148,290
290,598
513,581
260,476
-37,876
79,809
6,722
820,209
Employee Costs
1,717,246
1,660,104
1,803,921
1,758,862
1,781,707
1,898,751
1,902,184
1,876,370
1,899,820
1,997,667
1,946,230
1,815,499
1,777,288
1,955,233
1,984,890
Number Of Employees
42
42
48
51
52
56
58
58
60
65
65
61
61
68
70
EBITDA*
398,875
193,244
375,419
782,590
553,715
1,115,343
649,963
577,842
742,810
969,198
691,291
202,461
373,959
417,978
1,500,486
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
1,674,099
1,999,247
2,466,403
2,706,007
2,431,618
2,675,289
2,434,410
2,351,049
2,160,893
2,200,781
1,997,937
1,369,242
1,379,210
1,378,196
1,491,270
Intangible Assets
Investments & Other
12,556
12,556
12,556
95,555
95,555
95,555
95,555
95,555
95,555
Debtors (Due After 1 year)
Total Fixed Assets
1,686,655
2,011,803
2,478,959
2,801,562
2,527,173
2,770,844
2,529,965
2,446,604
2,256,448
2,200,781
1,997,937
1,369,242
1,379,210
1,378,196
1,491,270
Stock & work in progress
55,467
84,884
90,941
57,852
64,332
52,203
62,391
53,518
40,196
47,440
50,324
54,792
52,417
57,554
27,936
Trade Debtors
1,151,403
1,224,787
1,011,572
1,132,960
1,053,051
2,517,288
1,551,219
1,311,135
1,245,643
1,000,656
1,411,075
1,136,437
943,772
1,009,017
971,000
Group Debtors
Misc Debtors
1,139,162
1,162,680
85,725
95,306
191,857
117,066
83,327
102,818
94,949
197,866
9,243
10,681
11,894
4,300
Cash
160,795
379,312
897,401
989,570
533,007
156,325
89,801
112,218
170,306
221,028
4,599
5,267
34,619
35,025
34,575
misc current assets
total current assets
2,506,827
2,851,663
2,085,639
2,275,688
1,842,247
2,842,882
1,786,738
1,579,689
1,551,094
1,466,990
1,475,241
1,207,177
1,042,702
1,105,896
1,033,511
total assets
4,193,482
4,863,466
4,564,598
5,077,250
4,369,420
5,613,726
4,316,703
4,026,293
3,807,542
3,667,771
3,473,178
2,576,419
2,421,912
2,484,092
2,524,781
Bank overdraft
54,050
Bank loan
Trade Creditors
243,029
458,792
615,899
473,096
181,038
1,088,596
568,398
532,068
677,763
497,764
790,907
790,981
1,107,301
1,205,911
1,220,485
Group/Directors Accounts
8,719
8,861
6,478
other short term finances
786,608
488,806
hp & lease commitments
341,055
431,130
467,588
437,141
373,105
293,639
402,164
other current liabilities
342,443
243,129
468,601
682,874
730,286
537,164
304,499
281,804
357,680
342,054
total current liabilities
926,527
1,133,051
1,084,500
1,155,970
911,324
2,093,348
1,310,038
1,186,977
1,329,082
1,296,032
1,577,515
1,279,787
1,116,020
1,214,772
1,226,963
loans
428,046
115,285
hp & lease commitments
541,356
720,588
142,888
302,921
Accruals and Deferred Income
other liabilities
162,437
417,609
258,713
366,932
376,696
355,221
126,751
169,270
180,587
provisions
352,625
448,476
384,964
399,720
309,498
271,542
234,240
232,286
232,053
255,897
168,277
142,483
102,401
103,119
127,022
total long term liabilities
893,981
1,169,064
547,401
817,329
568,211
638,474
610,936
587,507
374,941
558,818
596,323
257,768
229,152
272,389
307,609
total liabilities
1,820,508
2,302,115
1,631,901
1,973,299
1,479,535
2,731,822
1,920,974
1,774,484
1,704,023
1,854,850
2,173,838
1,537,555
1,345,172
1,487,161
1,534,572
net assets
2,372,974
2,561,351
2,932,697
3,103,951
2,889,885
2,881,904
2,395,729
2,251,809
2,103,519
1,812,921
1,299,340
1,038,864
1,076,740
996,931
990,209
total shareholders funds
2,372,974
2,561,351
2,932,697
3,103,951
2,889,885
2,881,904
2,395,729
2,251,809
2,103,519
1,812,921
1,299,340
1,038,864
1,076,740
996,931
990,209
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
-202,555
-398,476
-178,330
263,518
9,508
599,293
177,174
182,721
364,026
682,645
388,801
-18,343
104,838
8,910
1,139,093
Depreciation
601,430
591,720
553,749
519,072
544,207
516,050
472,789
395,121
378,784
286,553
302,490
220,804
269,121
409,068
361,393
Amortisation
Tax
-50,213
-1,872
-114,041
-33,759
-34,784
-72,649
-128,395
-69,240
-25,203
-2,362
-318,970
Stock
-29,417
-6,057
33,089
-6,480
12,129
-10,188
8,873
13,322
-7,244
-2,884
-4,468
2,375
-5,137
29,618
27,936
Debtors
-96,902
1,290,170
-130,969
-16,642
-1,389,446
999,808
220,593
73,361
142,070
-221,796
273,200
191,452
-57,651
42,317
971,000
Creditors
-215,763
-157,107
142,803
292,058
-907,558
520,198
36,330
-145,695
179,999
-293,143
-74
-316,320
-98,610
-14,574
1,220,485
Accruals and Deferred Income
99,314
-225,472
-214,273
-47,412
193,122
232,665
22,695
-75,876
15,626
342,054
Deferred Taxes & Provisions
-95,851
63,512
-14,756
90,222
37,956
37,302
1,954
233
-23,844
87,620
25,794
40,082
-718
-23,903
127,022
Cash flow from operations
312,894
-1,409,936
387,073
1,090,367
1,252,680
801,847
447,717
235,037
707,116
1,202,014
379,039
-267,604
312,216
305,204
1,530,087
Investing Activities
capital expenditure
-276,282
-124,564
-314,145
-793,461
-300,536
-756,929
-556,150
-585,277
-338,896
-489,397
-931,185
-210,836
-270,135
-295,994
-1,852,663
Change in Investments
-82,999
95,555
cash flow from investments
-276,282
-124,564
-231,146
-793,461
-300,536
-756,929
-556,150
-585,277
-434,451
-489,397
-931,185
-210,836
-270,135
-295,994
-1,852,663
Financing Activities
Bank loans
Group/Directors Accounts
-8,719
-142
2,383
6,478
Other Short Term Loans
-786,608
297,802
488,806
Long term loans
-428,046
312,761
115,285
Hire Purchase and Lease Commitments
-269,307
1,151,718
-467,588
30,447
64,036
-63,422
-268,558
705,085
other long term liabilities
-162,437
-255,172
158,896
-108,219
-9,764
21,475
355,221
-126,751
-42,519
-11,317
180,587
share issue
170,000
interest
14,178
27,130
7,076
761
345
923
505
353
-779
-40,669
-59,084
-19,533
174
174
86
cash flow from financing
-255,129
1,016,411
-248,096
159,657
-575,462
21,606
86,016
292,152
-269,337
-550,238
551,479
449,088
-42,487
-8,760
357,151
cash and cash equivalents
cash
-218,517
-518,089
-92,169
456,563
376,682
66,524
-22,417
-58,088
-50,722
216,429
-668
-29,352
-406
450
34,575
overdraft
-54,050
54,050
change in cash
-218,517
-518,089
-92,169
456,563
376,682
66,524
-22,417
-58,088
3,328
162,379
-668
-29,352
-406
450
34,575
tennant transport limited 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 tennant transport limited. Get real-time insights into tennant transport limited's credit score, group structure and payment trends.
Perform a competitor analysis for tennant transport limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in ML11 area or any other competitors across 12 key performance metrics.
tennant transport limited Ownership
TENNANT TRANSPORT LIMITED group structure
Tennant Transport Limited has no subsidiary companies.
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 6 charges/mortgages relating to tennant transport limited. Currently there are 4 open charges and 2 have been satisfied in the past.
tennant transport 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 TENNANT TRANSPORT LIMITED. This can take several minutes, an email will notify you when this has completed.
tennant transport limitedCompanies House Filings - See Documents
