tynet mill ltd
tynet mill ltd Company Information
Company Number
SC485218
Next Accounts
Mar 2025
Directors
Shareholders
david guidi
erin guidi
View AllGroup Structure
View All
Industry
Hotels and similar accommodation
Registered Address
168 bath street, glasgow, G2 4TP
Website
-tynet mill ltd Estimated Valuation
Pomanda estimates the enterprise value of TYNET MILL LTD at £962.6k based on a Turnover of £890.5k and 1.08x industry multiple (adjusted for size and gross margin).
tynet mill ltd Estimated Valuation
Pomanda estimates the enterprise value of TYNET MILL LTD at £0 based on an EBITDA of £-169.5k and a 4.32x industry multiple (adjusted for size and gross margin).
tynet mill ltd Estimated Valuation
Pomanda estimates the enterprise value of TYNET MILL LTD at £0 based on Net Assets of £-138.9k and 2.09x industry multiple (adjusted for liquidity).
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Tynet Mill Ltd Overview
Tynet Mill Ltd is a dissolved company that was located in glasgow, G2 4TP with a Companies House number of SC485218. It operated in the hotels and similar accommodation sector, SIC Code 55100. Founded in August 2014, it's largest shareholder was david guidi with a 90% stake. The last turnover for Tynet Mill Ltd was estimated at £890.5k.
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Tynet Mill Ltd Health Check
Pomanda's financial health check has awarded Tynet Mill Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £890.5k, make it smaller than the average company (£4m)
- Tynet Mill Ltd
£4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Tynet Mill Ltd
- - Industry AVG
Production
with a gross margin of 61.9%, this company has a comparable cost of product (61.9%)
- Tynet Mill Ltd
61.9% - Industry AVG
Profitability
an operating margin of -19.3% make it less profitable than the average company (9.1%)
- Tynet Mill Ltd
9.1% - Industry AVG
Employees
with 20 employees, this is below the industry average (87)
20 - Tynet Mill Ltd
87 - Industry AVG
Pay Structure
on an average salary of £17.5k, the company has an equivalent pay structure (£17.5k)
- Tynet Mill Ltd
£17.5k - Industry AVG
Efficiency
resulting in sales per employee of £44.5k, this is less efficient (£52.7k)
- Tynet Mill Ltd
£52.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tynet Mill Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is quicker than average (48 days)
- Tynet Mill Ltd
48 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is more than average (8 days)
- Tynet Mill Ltd
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (7 weeks)
2 weeks - Tynet Mill Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 352.3%, this is a higher level of debt than the average (68.4%)
352.3% - Tynet Mill Ltd
68.4% - Industry AVG
TYNET MILL LTD financials
Tynet Mill Ltd's latest turnover from August 2017 is estimated at £890.5 thousand and the company has net assets of -£138.9 thousand. According to their latest financial statements, Tynet Mill Ltd has 20 employees and maintains cash reserves of £9.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|
| 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 | 20 | 20 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|
| Tangible Assets | 19,524 | 23,418 | 17,945 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 19,524 | 23,418 | 17,945 |
| Stock & work in progress | 12,000 | 14,750 | 9,221 |
| Trade Debtors | 78,474 | ||
| Group Debtors | |||
| Misc Debtors | 14,477 | 160,752 | 4,430 |
| Cash | 9,073 | 6,757 | 29,640 |
| misc current assets | |||
| total current assets | 35,550 | 182,259 | 121,765 |
| total assets | 55,074 | 205,677 | 139,710 |
| Bank overdraft | 49,670 | ||
| Bank loan | |||
| Trade Creditors | 36,303 | 88,380 | 99,206 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 107,076 | 81,759 | |
| total current liabilities | 193,049 | 170,139 | 99,206 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 949 | 1,216 | 1,786 |
| total long term liabilities | 949 | 1,216 | 1,786 |
| total liabilities | 193,998 | 171,355 | 100,992 |
| net assets | -138,924 | 34,322 | 38,718 |
| total shareholders funds | -138,924 | 34,322 | 38,718 |
| Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 2,238 | 3,717 | 3,310 |
| Amortisation | |||
| Tax | |||
| Stock | -2,750 | 5,529 | 9,221 |
| Debtors | -146,275 | 77,848 | 82,904 |
| Creditors | -52,077 | -10,826 | 99,206 |
| Accruals and Deferred Income | 25,317 | 81,759 | |
| Deferred Taxes & Provisions | -267 | -570 | 1,786 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| 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 | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 2,316 | -22,883 | 29,640 |
| overdraft | 49,670 | ||
| change in cash | -47,354 | -22,883 | 29,640 |
tynet mill ltd Credit Report and Business Information
Tynet Mill Ltd Competitor Analysis
Perform a competitor analysis for tynet mill ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in G 2 area or any other competitors across 12 key performance metrics.
tynet mill ltd Ownership
TYNET MILL LTD group structure
Tynet Mill Ltd has no subsidiary companies.
Ultimate parent company
TYNET MILL LTD
SC485218
tynet mill ltd directors
Tynet Mill Ltd currently has 1 director, Mr David Guidi serving since Aug 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Guidi | 68 years | Aug 2014 | - | Director |
P&L
August 2017turnover
890.5k
-2%
operating profit
-171.7k
0%
gross margin
62%
-2.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2017net assets
-138.9k
-5.05%
total assets
55.1k
-0.73%
cash
9.1k
+0.34%
net assets
Total assets minus all liabilities
tynet mill ltd company details
company number
SC485218
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
August 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2017
previous names
N/A
accountant
-
auditor
-
address
168 bath street, glasgow, G2 4TP
Bank
BANK OF SCOTLAND
Legal Advisor
-
tynet mill 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 tynet mill ltd.
tynet mill 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.
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tynet mill ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
