tm residential limited
tm residential limited Company Information
Company Number
SC643511
Website
-Registered Address
unit 3:9 covault workspace, fullarton road, glasgow, G32 8LY
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
98 days late
Group Structure
View All
Shareholders
paula thompson 50%
lorraine miller 50%
tm residential limited Estimated Valuation
Pomanda estimates the enterprise value of TM RESIDENTIAL LIMITED at £345.5k based on a Turnover of £159.6k and 2.17x industry multiple (adjusted for size and gross margin).
tm residential limited Estimated Valuation
Pomanda estimates the enterprise value of TM RESIDENTIAL LIMITED at £98.9k based on an EBITDA of £20k and a 4.95x industry multiple (adjusted for size and gross margin).
tm residential limited Estimated Valuation
Pomanda estimates the enterprise value of TM RESIDENTIAL LIMITED at £34.5k based on Net Assets of £21.3k and 1.62x industry multiple (adjusted for liquidity).
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Tm Residential Limited Overview
Tm Residential Limited is a live company located in glasgow, G32 8LY with a Companies House number of SC643511. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2019, it's largest shareholder is paula thompson with a 50% stake. Tm Residential Limited is a young, micro sized company, Pomanda has estimated its turnover at £159.6k with unknown growth in recent years.
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Tm Residential Limited Health Check
Pomanda's financial health check has awarded Tm Residential Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £159.6k, make it smaller than the average company (£707k)
- Tm Residential Limited
£707k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Tm Residential Limited
- - Industry AVG
Production
with a gross margin of 28.1%, this company has a higher cost of product (72%)
- Tm Residential Limited
72% - Industry AVG
Profitability
an operating margin of 12.5% make it less profitable than the average company (43.6%)
- Tm Residential Limited
43.6% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Tm Residential Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.1k, the company has an equivalent pay structure (£30.1k)
- Tm Residential Limited
£30.1k - Industry AVG
Efficiency
resulting in sales per employee of £39.9k, this is less efficient (£158.1k)
- Tm Residential Limited
£158.1k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (33 days)
- Tm Residential Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (37 days)
- Tm Residential Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tm Residential Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tm Residential Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.8%, this is a similar level of debt than the average (66.4%)
63.8% - Tm Residential Limited
66.4% - Industry AVG
TM RESIDENTIAL LIMITED financials
Tm Residential Limited's latest turnover from October 2022 is estimated at £159.6 thousand and the company has net assets of £21.3 thousand. According to their latest financial statements, Tm Residential Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|
| 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 | 4 | 3 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|
| Tangible Assets | 24,000 | 24,000 | 24,000 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 24,000 | 24,000 | 24,000 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 34,918 | 45,151 | 36,092 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 34,918 | 45,151 | 36,092 |
| total assets | 58,918 | 69,151 | 60,092 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 4,074 | 15,604 | 61,999 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 4,074 | 15,604 | 61,999 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 33,531 | 48,429 | 9,055 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 33,531 | 48,429 | 9,055 |
| total liabilities | 37,605 | 64,033 | 71,054 |
| net assets | 21,313 | 5,118 | -10,962 |
| total shareholders funds | 21,313 | 5,118 | -10,962 |
| Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 6,000 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -10,233 | 9,059 | 36,092 |
| Creditors | -11,530 | -46,395 | 61,999 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | -14,898 | 39,374 | 9,055 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
tm residential limited Credit Report and Business Information
Tm Residential Limited Competitor Analysis
Perform a competitor analysis for tm residential limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in G32 area or any other competitors across 12 key performance metrics.
tm residential limited Ownership
TM RESIDENTIAL LIMITED group structure
Tm Residential Limited has no subsidiary companies.
Ultimate parent company
TM RESIDENTIAL LIMITED
SC643511
tm residential limited directors
Tm Residential Limited currently has 2 directors. The longest serving directors include Mrs Paula Thompson (Oct 2019) and Mrs Lorraine Miller (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Paula Thompson | Scotland | 40 years | Oct 2019 | - | Director |
| Mrs Lorraine Miller | Scotland | 47 years | Oct 2019 | - | Director |
P&L
October 2022turnover
159.6k
-1%
operating profit
20k
0%
gross margin
28.2%
+3.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
21.3k
+3.16%
total assets
58.9k
-0.15%
cash
0
0%
net assets
Total assets minus all liabilities
tm residential limited company details
company number
SC643511
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
October 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2022
previous names
N/A
accountant
-
auditor
-
address
unit 3:9 covault workspace, fullarton road, glasgow, G32 8LY
Bank
-
Legal Advisor
-
tm residential 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 tm residential limited.
tm residential limited Companies House Filings - See Documents
| date | description | view/download |
|---|
