suffolk tennis funding limited
suffolk tennis funding limited Company Information
Company Number
02815617
Website
http://lta.org.ukRegistered Address
third floor connexions building, 159 princes street, ipswich, suffolk, IP1 1QJ
Industry
Operation of sports facilities
Telephone
01473251144
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
michael watling 25%
david rose 25%
View Allsuffolk tennis funding limited Estimated Valuation
Pomanda estimates the enterprise value of SUFFOLK TENNIS FUNDING LIMITED at £671.1k based on a Turnover of £1m and 0.67x industry multiple (adjusted for size and gross margin).
suffolk tennis funding limited Estimated Valuation
Pomanda estimates the enterprise value of SUFFOLK TENNIS FUNDING LIMITED at £26k based on an EBITDA of £6.6k and a 3.92x industry multiple (adjusted for size and gross margin).
suffolk tennis funding limited Estimated Valuation
Pomanda estimates the enterprise value of SUFFOLK TENNIS FUNDING LIMITED at £764.2k based on Net Assets of £241.2k and 3.17x industry multiple (adjusted for liquidity).
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Suffolk Tennis Funding Limited Overview
Suffolk Tennis Funding Limited is a live company located in ipswich, IP1 1QJ with a Companies House number of 02815617. It operates in the operation of sports facilities sector, SIC Code 93110. Founded in May 1993, it's largest shareholder is michael watling with a 25% stake. Suffolk Tennis Funding Limited is a mature, small sized company, Pomanda has estimated its turnover at £1m with low growth in recent years.
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Suffolk Tennis Funding Limited Health Check
Pomanda's financial health check has awarded Suffolk Tennis Funding 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £1m, make it larger than the average company (£817.3k)
- Suffolk Tennis Funding Limited
£817.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.1%)
- Suffolk Tennis Funding Limited
2.1% - Industry AVG
Production
with a gross margin of 32.3%, this company has a higher cost of product (54.5%)
- Suffolk Tennis Funding Limited
54.5% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (6.6%)
- Suffolk Tennis Funding Limited
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (26)
3 - Suffolk Tennis Funding Limited
26 - Industry AVG
Pay Structure
on an average salary of £19.1k, the company has an equivalent pay structure (£19.1k)
- Suffolk Tennis Funding Limited
£19.1k - Industry AVG
Efficiency
resulting in sales per employee of £333.9k, this is more efficient (£44.7k)
- Suffolk Tennis Funding Limited
£44.7k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (9 days)
- Suffolk Tennis Funding Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (38 days)
- Suffolk Tennis Funding Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Suffolk Tennis Funding Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Suffolk Tennis Funding Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.6%, this is a lower level of debt than the average (47.9%)
28.6% - Suffolk Tennis Funding Limited
47.9% - Industry AVG
suffolk tennis funding limited Credit Report and Business Information
Suffolk Tennis Funding Limited Competitor Analysis
Perform a competitor analysis for suffolk tennis funding limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
suffolk tennis funding limited Ownership
SUFFOLK TENNIS FUNDING LIMITED group structure
Suffolk Tennis Funding Limited has no subsidiary companies.
Ultimate parent company
SUFFOLK TENNIS FUNDING LIMITED
02815617
suffolk tennis funding limited directors
Suffolk Tennis Funding Limited currently has 3 directors. The longest serving directors include Mr Steven Law (Oct 1993) and Mr Robert Brown (Jul 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Law | United Kingdom | 64 years | Oct 1993 | - | Director |
| Mr Robert Brown | 66 years | Jul 2012 | - | Director | |
| Mr Philip Eaves | 71 years | May 2022 | - | Director |
SUFFOLK TENNIS FUNDING LIMITED financials
Suffolk Tennis Funding Limited's latest turnover from December 2022 is estimated at £1 million and the company has net assets of £241.2 thousand. According to their latest financial statements, Suffolk Tennis Funding Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,080 | 16,080 | 16,080 | 16,080 | 16,080 | |||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 4,059 | 4,157 | 4,174 | 3,958 | 4,204 | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | |||||||||
| Interest Receivable | 1,257 | 1,080 | 36 | 31 | 82 | |||||||||
| Pre-Tax Profit | 5,316 | 5,237 | 4,210 | 3,989 | 4,286 | |||||||||
| Tax | 0 | 93 | 0 | 0 | 0 | |||||||||
| Profit After Tax | 5,316 | 5,330 | 4,210 | 3,989 | 4,286 | |||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | |||||||||
| Retained Profit | 5,316 | 5,330 | 4,210 | 3,989 | 4,286 | |||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 3 | 3 | 4 | 4 | 4 | 4 | 4 | |||||||
| EBITDA* | 14,259 | 14,357 | 14,374 | 14,158 | 14,404 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 130,475 | 140,675 | 150,875 | 161,075 | 171,275 | 181,475 | 191,675 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 201,875 | 212,075 | 222,275 | 232,475 | 242,675 | 252,875 | 263,075 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 64,620 | 23,830 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 130,475 | 140,675 | 150,875 | 161,075 | 171,275 | 181,475 | 191,675 | 266,495 | 235,905 | 222,275 | 232,475 | 242,675 | 252,875 | 263,075 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 207,349 | 206,801 | 198,808 | 189,117 | 172,353 | 156,315 | 146,534 | 17,780 | 11,215 | 0 | 0 | 2,550 | 0 | 18,094 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,892 | 16,913 | 3,313 | 15,544 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,140 | 88,676 | 99,616 | 91,719 | 93,119 | 74,908 | 63,949 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 207,349 | 206,801 | 198,808 | 189,117 | 172,353 | 156,315 | 146,534 | 67,920 | 99,891 | 119,508 | 108,632 | 98,982 | 90,452 | 82,043 |
| total assets | 337,824 | 347,476 | 349,683 | 350,192 | 343,628 | 337,790 | 338,209 | 334,415 | 335,796 | 341,783 | 341,107 | 341,657 | 343,327 | 345,118 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 17,927 | 27,067 | 28,830 | 28,991 | 19,220 | 13,109 | 12,207 | 5,160 | 5,160 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,400 | 5,160 | 5,160 | 5,160 | 5,060 |
| total current liabilities | 17,927 | 27,067 | 28,830 | 28,991 | 19,220 | 13,109 | 12,207 | 5,160 | 5,160 | 6,400 | 5,160 | 5,160 | 5,160 | 5,060 |
| loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 78,687 | 84,566 | 90,446 | 96,326 | 102,206 | 108,086 | 113,966 | 119,846 | 125,726 | 131,606 | 137,486 | 143,366 | 149,245 | 155,125 |
| total long term liabilities | 78,687 | 84,566 | 90,446 | 96,326 | 102,206 | 108,086 | 113,966 | 119,846 | 125,726 | 131,606 | 137,486 | 143,366 | 149,245 | 155,125 |
| total liabilities | 96,614 | 111,633 | 119,276 | 125,317 | 121,426 | 121,195 | 126,173 | 125,006 | 130,886 | 138,006 | 142,646 | 148,526 | 154,405 | 160,185 |
| net assets | 241,210 | 235,843 | 230,407 | 224,875 | 222,202 | 216,595 | 212,036 | 209,409 | 204,910 | 203,777 | 198,461 | 193,131 | 188,922 | 184,933 |
| total shareholders funds | 241,210 | 235,843 | 230,407 | 224,875 | 222,202 | 216,595 | 212,036 | 209,409 | 204,910 | 203,777 | 198,461 | 193,131 | 188,922 | 184,933 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 4,059 | 4,157 | 4,174 | 3,958 | 4,204 | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Amortisation | 10,200 | 10,200 | 10,200 | 10,200 | 10,200 | 10,200 | 10,200 | |||||||
| Tax | 0 | 93 | 0 | 0 | 0 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 548 | 7,993 | 9,691 | 16,764 | 16,038 | 9,781 | 64,134 | 47,355 | 15,153 | 2,979 | 11,050 | -9,681 | -2,550 | 18,094 |
| Creditors | -9,140 | -1,763 | -161 | 9,771 | 6,111 | 902 | 7,047 | 0 | 5,160 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,400 | 1,240 | 0 | 0 | 100 | 5,060 |
| Deferred Taxes & Provisions | -5,879 | -5,880 | -5,880 | -5,880 | -5,880 | -5,880 | -5,880 | -5,880 | -5,880 | -5,880 | -5,880 | -5,879 | -5,880 | 155,125 |
| Cash flow from operations | 6,640 | -2,480 | 18,176 | 10,928 | 156,495 | |||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 1,257 | 1,080 | 36 | 31 | 82 | |||||||||
| cash flow from financing | 1,257 | 1,080 | 35 | 31 | 180,729 | |||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -50,140 | -38,536 | -10,940 | 7,897 | -1,400 | 18,211 | 10,959 | 63,949 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -50,140 | -38,536 | -10,940 | 7,897 | -1,400 | 18,211 | 10,959 | 63,949 |
P&L
December 2022turnover
1m
+5%
operating profit
6.6k
0%
gross margin
32.3%
+23.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
241.2k
+0.02%
total assets
337.8k
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
suffolk tennis funding limited company details
company number
02815617
Type
Private limited with Share Capital
industry
93110 - Operation of sports facilities
incorporation date
May 1993
age
31
accounts
Micro-Entity Accounts
ultimate parent company
previous names
suffolk county tennis centre limited (March 2017)
bideawhile 158 limited (September 1993)
incorporated
UK
address
third floor connexions building, 159 princes street, ipswich, suffolk, IP1 1QJ
last accounts submitted
December 2022
suffolk tennis funding 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 suffolk tennis funding limited.
suffolk tennis funding limited Companies House Filings - See Documents
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