Other retail sale not in stores, stalls or markets
+2
Registered Address
20 paddockdyke, skelmorlie, ayrshire, PA17 5DA
Website
-
tug kite trading limitedEstimated Valuation
£61.6k
Pomanda estimates the enterprise value of TUG KITE TRADING LIMITED at £61.6k based on a Turnover of £191.8k and 0.32x industry multiple (adjusted for size and gross margin).
tug kite trading limitedEstimated Valuation
£34.7k
Pomanda estimates the enterprise value of TUG KITE TRADING LIMITED at £34.7k based on an EBITDA of £9.4k and a 3.68x industry multiple (adjusted for size and gross margin).
tug kite trading limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TUG KITE TRADING LIMITED at £0 based on Net Assets of £-43.5k and 1.82x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tug Kite Trading LimitedOverview
Tug Kite Trading Limited is a live company located in ayrshire, PA17 5DA with a Companies House number of SC467565. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in January 2014, it's largest shareholder is
andrew beattie
with a 100% stake. Tug Kite Trading Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£191.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded Tug Kite Trading Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £191.8k, make it smaller than the average company (£559.1k)
£191.8k - Tug Kite Trading Limited
£559.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (7.4%)
-21% - Tug Kite Trading Limited
7.4% - Industry AVG
Production
with a gross margin of 14.9%, this company has a higher cost of product (33.1%)
14.9% - Tug Kite Trading Limited
33.1% - Industry AVG
Profitability
an operating margin of 4.9% make it more profitable than the average company (2.5%)
4.9% - Tug Kite Trading Limited
2.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Tug Kite Trading Limited
6 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)
£30.5k - Tug Kite Trading Limited
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £191.8k, this is more efficient (£146.7k)
£191.8k - Tug Kite Trading Limited
£146.7k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (21 days)
49 days - Tug Kite Trading Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 164 days, this is slower than average (28 days)
164 days - Tug Kite Trading Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tug Kite Trading Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tug Kite Trading Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 244.5%, this is a higher level of debt than the average (54.4%)
244.5% - Tug Kite Trading Limited
54.4% - Industry AVG
TUG KITE TRADING LIMITED financials
EXPORT
Tug Kite Trading Limited's latest turnover from January 2024 is estimated at £191.8 thousand and the company has net assets of -£43.5 thousand. According to their latest financial statements, Tug Kite Trading Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Turnover
191,765
215,299
275,840
388,988
395,475
168,608
119,783
77,731
85,797
60,795
Other Income Or Grants
Cost Of Sales
163,222
182,483
231,465
332,909
331,395
140,308
98,977
55,933
70,035
46,927
Gross Profit
28,543
32,815
44,375
56,080
64,080
28,300
20,807
21,798
15,762
13,869
Admin Expenses
19,102
18,121
30,881
42,910
50,165
31,676
24,427
52,902
49,249
46,958
Operating Profit
9,441
14,694
13,494
13,170
13,915
-3,376
-3,620
-31,104
-33,487
-33,089
Interest Payable
Interest Receivable
2
27
22
Pre-Tax Profit
9,441
14,694
13,494
13,170
13,915
-3,376
-3,618
-31,104
-33,460
-33,067
Tax
-2,360
-2,792
-2,564
-2,502
-2,644
Profit After Tax
7,081
11,902
10,930
10,668
11,271
-3,376
-3,618
-31,104
-33,460
-33,067
Dividends Paid
Retained Profit
7,081
11,902
10,930
10,668
11,271
-3,376
-3,618
-31,104
-33,460
-33,067
Employee Costs
30,462
28,745
28,684
27,139
27,465
28,800
27,783
27,598
28,089
28,078
Number Of Employees
1
1
1
1
1
1
1
1
1
1
EBITDA*
9,441
14,694
13,494
13,170
13,915
-3,376
-3,620
-10,768
-13,151
-33,089
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Tangible Assets
3,922
5,089
1,873
1,871
2,495
21,628
40,672
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,922
5,089
1,873
1,871
2,495
21,628
40,672
Stock & work in progress
29,113
4,969
4,969
Trade Debtors
26,181
36,434
61,229
73,117
70,237
49,985
32,597
Group Debtors
Misc Debtors
492
Cash
768
1,866
8,750
misc current assets
total current assets
26,181
36,434
61,229
73,609
70,237
49,985
32,597
29,881
6,835
13,719
total assets
30,103
41,523
63,102
75,480
72,732
49,985
32,597
29,881
28,463
54,391
Bank overdraft
Bank loan
Trade Creditors
73,612
92,113
125,594
147,102
154,097
450
450
63,056
39,698
32,166
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
55,092
total current liabilities
73,612
92,113
125,594
147,102
154,097
450
450
118,148
39,698
32,166
loans
hp & lease commitments
Accruals and Deferred Income
1,800
2,725
other liabilities
144,896
124,132
55,192
55,192
provisions
total long term liabilities
1,800
2,725
144,896
124,132
55,192
55,192
total liabilities
73,612
92,113
125,594
148,902
156,822
145,346
124,582
118,148
94,890
87,358
net assets
-43,509
-50,590
-62,492
-73,422
-84,090
-95,361
-91,985
-88,267
-66,427
-32,967
total shareholders funds
-43,509
-50,590
-62,492
-73,422
-84,090
-95,361
-91,985
-88,267
-66,427
-32,967
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Operating Activities
Operating Profit
9,441
14,694
13,494
13,170
13,915
-3,376
-3,620
-31,104
-33,487
-33,089
Depreciation
20,336
20,336
Amortisation
Tax
-2,360
-2,792
-2,564
-2,502
-2,644
Stock
-29,113
24,144
4,969
Debtors
-10,253
-24,795
-12,380
3,372
20,252
17,388
32,597
Creditors
-18,501
-33,481
-21,508
-6,995
153,647
-62,606
23,358
7,532
32,166
Accruals and Deferred Income
-1,800
-925
2,725
-55,092
55,092
Deferred Taxes & Provisions
Cash flow from operations
-1,167
3,216
2
-624
147,391
-20,764
-124,802
43,538
-5,619
-5,892
Investing Activities
capital expenditure
1,167
-3,216
-2
624
-2,495
1,292
-1,292
-40,672
Change in Investments
cash flow from investments
1,167
-3,216
-2
624
-2,495
1,292
-1,292
-40,672
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-144,896
20,764
124,132
-55,192
55,192
share issue
-100
9,264
100
interest
2
27
22
cash flow from financing
-144,896
20,764
124,034
-45,928
27
55,314
cash and cash equivalents
cash
-768
-1,098
-6,884
8,750
overdraft
change in cash
-768
-1,098
-6,884
8,750
tug kite trading 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 tug kite trading limited. Get real-time insights into tug kite trading limited's credit score, group structure and payment trends.
Perform a competitor analysis for tug kite trading limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in PA17 area or any other competitors across 12 key performance metrics.
tug kite trading limited Ownership
TUG KITE TRADING LIMITED group structure
Tug Kite Trading Limited has no subsidiary companies.
Ultimate parent company
TUG KITE TRADING LIMITED
SC467565
TUG KITE TRADING LIMITED Shareholders
The sole shareholder of Tug Kite Trading Limited is Andrew Beattie.
andrew beattie
100%
tug kite trading limited directors
Tug Kite Trading Limited currently has 1 director, Mr Andrew Beattie serving since Jan 2014.
47910 - Retail sale via mail order houses or via Internet
47990 - Other retail sale not in stores, stalls or markets
90010 - Performing arts
incorporation date
January 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
20 paddockdyke, skelmorlie, ayrshire, PA17 5DA
Bank
-
Legal Advisor
-
tug kite trading 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 tug kite trading limited.
tug kite trading 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.
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tug kite trading limitedCompanies House Filings - See Documents
