terem ltd.
terem ltd. Company Information
Company Number
SC383810
Website
krz-fa.comRegistered Address
70 west regent street, glasgow, G2 2QZ
Industry
Other retail sale in non-specialised stores
Telephone
-
Next Accounts Due
May 2024
Group Structure
View All
Shareholders
remo di ciacca 50%
terence feeney 50%
terem ltd. Estimated Valuation
The estimated valuation range for terem ltd., derived from financial data as of August 2022 and the most recent industry multiples, is between £0 to £2.7m
terem ltd. Estimated Valuation
The estimated valuation range for terem ltd., derived from financial data as of August 2022 and the most recent industry multiples, is between £0 to £2.7m
terem ltd. Estimated Valuation
The estimated valuation range for terem ltd., derived from financial data as of August 2022 and the most recent industry multiples, is between £0 to £2.7m
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Terem Ltd. Overview
Terem Ltd. is a live company located in glasgow, G2 2QZ with a Companies House number of SC383810. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in August 2010, it's largest shareholder is remo di ciacca with a 50% stake. Terem Ltd. is a established, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.
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Terem Ltd. Health Check
Pomanda's financial health check has awarded Terem Ltd. a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £1.4m, make it larger than the average company (£1.1m)
- Terem Ltd.
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (-0.7%)
- Terem Ltd.
-0.7% - Industry AVG
Production
with a gross margin of 27.4%, this company has a higher cost of product (41.8%)
- Terem Ltd.
41.8% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (6.4%)
- Terem Ltd.
6.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (29)
2 - Terem Ltd.
29 - Industry AVG
Pay Structure
on an average salary of £18.6k, the company has an equivalent pay structure (£18.6k)
- Terem Ltd.
£18.6k - Industry AVG
Efficiency
resulting in sales per employee of £713.4k, this is more efficient (£87.4k)
- Terem Ltd.
£87.4k - Industry AVG
Debtor Days
it gets paid by customers after 173 days, this is later than average (10 days)
- Terem Ltd.
10 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (40 days)
- Terem Ltd.
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Terem Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 104 weeks, this is more cash available to meet short term requirements (28 weeks)
104 weeks - Terem Ltd.
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10%, this is a lower level of debt than the average (68.9%)
10% - Terem Ltd.
68.9% - Industry AVG
terem ltd. Credit Report and Business Information
Terem Ltd. Competitor Analysis
Perform a competitor analysis for terem ltd. by selecting its closest rivals and benchmarking them against 12 key performance metrics.
terem ltd. Ownership
TEREM LTD. group structure
Terem Ltd. has no subsidiary companies.
Ultimate parent company
TEREM LTD.
SC383810
terem ltd. directors
Terem Ltd. currently has 2 directors. The longest serving directors include Mr Remo Di Ciacca (Aug 2010) and Mr Terence Feeney (Aug 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Remo Di Ciacca | 61 years | Aug 2010 | - | Director | |
| Mr Terence Feeney | Scotland | 60 years | Aug 2010 | - | Director |
TEREM LTD. financials
Terem Ltd.'s latest turnover from August 2022 is estimated at £1.4 million and the company has net assets of £712.4 thousand. According to their latest financial statements, Terem Ltd. has 2 employees and maintains cash reserves of £99.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 9 | 15 | 19 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,342 | 151,682 | 148,092 | 151,250 | 368,596 | 244,005 | 263,101 | 271,272 | 253,850 | 246,832 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 96,666 | 193,333 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 25,000 | 25,000 | 25,000 | 25,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 12,342 | 151,682 | 148,092 | 151,250 | 368,596 | 340,671 | 481,434 | 296,272 | 278,850 | 271,832 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 100,000 | 125,000 | 125,000 | 125,000 | 201,000 | 120,000 | 0 |
| Trade Debtors | 679,975 | 635,325 | 420,283 | 374,373 | 298,122 | 140,574 | 43,616 | 416,213 | 9,415 | 12,798 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 99,225 | 23,172 | 251,188 | 240,328 | 128,258 | 262,820 | 501,187 | 187,172 | 347,651 | 242,200 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 779,200 | 658,497 | 671,471 | 614,701 | 526,380 | 528,394 | 669,803 | 728,385 | 558,066 | 374,998 | 0 |
| total assets | 791,542 | 810,179 | 819,563 | 765,951 | 894,976 | 869,065 | 1,151,237 | 1,024,657 | 836,916 | 646,830 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 49,316 | 51,912 | 47,962 | 48,112 | 22,043 | 145,730 | 524,122 | 363,187 | 154,641 | 361,948 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 169,000 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 49,316 | 51,912 | 47,962 | 48,112 | 22,043 | 145,730 | 524,122 | 363,187 | 323,641 | 361,948 | 0 |
| loans | 0 | 0 | 7,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 27,500 | 37,500 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,345 | 2,019 | 1,337 | 0 | 40,110 | 16,582 | 19,522 | 35,956 | 17,276 | 13,060 | 0 |
| total long term liabilities | 29,845 | 39,519 | 48,837 | 0 | 40,110 | 16,582 | 19,522 | 35,956 | 17,276 | 13,060 | 0 |
| total liabilities | 79,161 | 91,431 | 96,799 | 48,112 | 62,153 | 162,312 | 543,644 | 399,143 | 340,917 | 375,008 | 0 |
| net assets | 712,381 | 718,748 | 722,764 | 717,839 | 832,823 | 706,753 | 607,593 | 625,514 | 495,999 | 271,822 | 0 |
| total shareholders funds | 712,381 | 718,748 | 722,764 | 717,839 | 832,823 | 706,753 | 607,593 | 625,514 | 495,999 | 271,822 | 0 |
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 2,720 | 3,236 | 3,158 | 32,754 | 42,358 | 21,239 | 24,689 | 38,621 | 22,268 | 18,059 | |
| Amortisation | 0 | 0 | 0 | 0 | 96,666 | 96,667 | 96,667 | 0 | 0 | 0 | |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | -100,000 | -25,000 | 0 | 0 | -76,000 | 81,000 | 120,000 | 0 |
| Debtors | 44,650 | 215,042 | 45,910 | 76,251 | 157,548 | 96,958 | -372,597 | 406,798 | -3,383 | 12,798 | 0 |
| Creditors | -2,596 | 3,950 | -150 | 26,069 | -123,687 | -378,392 | 160,935 | 208,546 | -207,307 | 361,948 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 326 | 682 | 1,337 | -40,110 | 23,528 | -2,940 | -16,434 | 18,680 | 4,216 | 13,060 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -25,000 | 0 | 0 | 0 | 25,000 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -169,000 | 169,000 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -7,500 | 7,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -10,000 | -2,500 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 76,053 | -228,016 | 10,860 | 112,070 | -134,562 | -238,367 | 314,015 | -160,479 | 105,451 | 242,200 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 76,053 | -228,016 | 10,860 | 112,070 | -134,562 | -238,367 | 314,015 | -160,479 | 105,451 | 242,200 | 0 |
P&L
August 2022turnover
1.4m
+19%
operating profit
-7.4k
0%
gross margin
27.4%
+7.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
712.4k
-0.01%
total assets
791.5k
-0.02%
cash
99.2k
+3.28%
net assets
Total assets minus all liabilities
terem ltd. company details
company number
SC383810
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
August 2010
age
14
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
70 west regent street, glasgow, G2 2QZ
last accounts submitted
August 2022
terem 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 terem ltd..
terem ltd. Companies House Filings - See Documents
| date | description | view/download |
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