C.v.m.e. Truck Rental Limited

POWER SEARCH PRICING

SOLUTIONS

c.v.m.e. truck rental limited Company Information

Live

MatureMidHealthy

Company Number

02901517

Website

www.cvme.co.uk

Registered Address

wilcox close, aylesham industrial estate, aylesham canterbury, kent, CT3 3EP

Industry

Renting and leasing of trucks

Telephone

01304842181

Next Accounts Due

June 2025

Group Structure

View All

Directors

Philip Browning30 Years

Gemma Baker4 Years

Shareholders

mr philip graham browning 85%

ms rebecca martin 5%

View All

c.v.m.e. truck rental limited Estimated Valuation

£10.1m

Pomanda estimates the enterprise value of C.V.M.E. TRUCK RENTAL LIMITED at £10.1m based on Net Assets of £3.8m and 2.62x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

C.v.m.e. Truck Rental Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

C.v.m.e. Truck Rental Limited is a live company located in aylesham canterbury, CT3 3EP with a Companies House number of 02901517. It operates in the renting and leasing of trucks and other heavy vehicles sector, SIC Code 77120. Founded in February 1994, it's largest shareholder is mr philip graham browning with a 85% stake. C.v.m.e. Truck Rental Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.2m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded C.V.M.E. Truck Rental Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

4 Regular

4 Weak

Size

annual sales of £5.2m, make it smaller than the average company (£18.5m)

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.1%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for c.v.m.e. truck rental limited. Get real-time insights into c.v.m.e. truck rental limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for c.v.m.e. truck rental limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

C.V.M.E. TRUCK RENTAL LIMITED group structure

C.V.M.E. Truck Rental Limited has no subsidiary companies.

Ultimate parent company

C.V.M.E. TRUCK RENTAL LIMITED

02901517

C.V.M.E. TRUCK RENTAL LIMITED Shareholders

mr philip graham browning	85%
ms rebecca martin	5%
mrs gemma baker	5%
ms laura jane browning	5%

C.V.M.E. Truck Rental Limited currently has 2 directors. The longest serving directors include Mr Philip Browning (Feb 1994) and Mrs Gemma Baker (Jan 2020).

officer	country	age	start	end	role
Mr Philip Browning		68 years	Feb 1994	-	Director
Mrs Gemma Baker		32 years	Jan 2020	-	Director

EXPORT

C.V.M.E. Truck Rental Limited's latest turnover from September 2023 is estimated at £5.2 million and the company has net assets of £3.8 million. According to their latest financial statements, C.V.M.E. Truck Rental Limited has 21 employees and maintains cash reserves of £858.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Oct 2012	Mar 2011	Mar 2010
Turnover	5,233,560	4,442,601	5,181,984	3,689,113	3,739,392	3,628,916	2,771,756	2,856,363	5,447,930	5,908,108	5,635,775	4,523,920	4,051,664	4,152,106
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,778,634	3,189,577	3,860,702	2,727,426	2,751,642	2,752,565	2,062,955	2,039,747	4,122,065	4,424,486	4,203,704	3,294,229	3,033,337	2,906,920
Gross Profit	1,454,925	1,253,024	1,321,282	961,687	987,750	876,350	708,801	816,616	1,325,864	1,483,622	1,432,071	1,229,691	1,018,327	1,245,186
Admin Expenses	865,976	707,732	181,578	777,441	323,239	324,855	340,742	737,943	932,457	1,981,766	1,380,787	1,394,446	851,943	1,082,012
Operating Profit	588,949	545,292	1,139,704	184,246	664,511	551,495	368,059	78,673	393,407	-498,144	51,284	-164,755	166,384	163,174
Interest Payable	24,064	22,729	19,617	18,641	20,336	24,651	25,008	18,943	14,694	16,211	19,604	27,909	103,671	162,634
Interest Receivable	34,340	6,079	44	1,281	12,507	3,215	25	14	28	0	113	113	0	0
Pre-Tax Profit	599,225	528,642	1,120,131	166,885	656,683	530,059	343,077	59,744	378,741	-514,355	31,794	-192,550	72,932	10,757
Tax	-149,806	-100,442	-212,825	-31,708	-124,770	-100,711	-65,185	-11,949	-75,748	0	-7,313	0	24,332	-77,721
Profit After Tax	449,419	428,200	907,306	135,177	531,913	429,348	277,892	47,795	302,993	-514,355	24,481	-192,550	97,264	-66,964
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	35,011	0
Retained Profit	449,419	428,200	907,306	135,177	531,913	429,348	277,892	47,795	302,993	-514,355	24,481	-192,550	62,253	-66,964
Employee Costs	990,200	848,796	794,118	741,358	723,335	547,163	544,495	557,738	787,597	775,235	630,115	602,299	402,842	379,145
Number Of Employees	21	21	20	19	19	15	15	16	23	23	19	18	19	20
EBITDA*	2,440,513	832,798	2,197,204	1,171,633	1,463,259	1,078,664	747,701	363,280	604,534	-99,705	665,680	331,237	713,909	961,375

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Oct 2012	Mar 2011	Mar 2010
Tangible Assets	12,497,413	13,172,934	12,681,915	9,213,912	9,990,194	6,436,981	4,840,285	3,194,869	2,365,673	1,891,803	3,727,329	2,662,562	3,061,230	3,146,516
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	0	0	0	0	0	0	0
Total Fixed Assets	12,497,413	13,172,934	12,681,915	9,213,912	9,990,194	6,436,981	4,840,285	3,194,869	2,365,673	1,891,803	3,727,329	2,662,562	3,061,230	3,146,516
Stock & work in progress	26,000	40,074	56,771	108,383	43,750	77,129	77,443	174,964	175,499	215,750	212,188	210,188	220,592	203,100
Trade Debtors	779,801	723,465	962,706	567,598	604,371	558,831	432,604	241,989	401,892	444,690	342,975	497,136	406,378	444,131
Group Debtors	224,953	708,289	474,016	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	143,698	44,693	116,299	71,409	269,763	178,096	166,948	198,411	0	0	0	0	120,700	174,545
Cash	858,774	514,817	25,505	62,723	2,498,310	836,913	20,305	0	11,124	0	65	45,284	96	10
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,033,226	2,031,338	1,635,297	810,113	3,416,194	1,650,969	697,300	615,364	588,515	660,440	555,228	752,608	747,766	821,786
total assets	14,530,639	15,204,272	14,317,212	10,024,025	13,406,388	8,087,950	5,537,585	3,810,233	2,954,188	2,552,243	4,282,557	3,415,170	3,808,996	3,968,302
Bank overdraft	0	0	23,925	0	0	0	52,704	114,945	0	0	0	0	144,692	179,527
Bank loan	17,086	30,518	37,796	30,149	27,744	27,744	27,744	21,995	0	0	0	0	0	0
Trade Creditors	477,190	275,093	348,899	85,983	378,555	260,046	202,190	228,988	1,144,620	1,305,373	1,892,616	1,232,304	334,723	245,147
Group/Directors Accounts	0	0	0	119,492	2,595,392	1,015,077	283,352	166,036	0	0	0	0	0	0
other short term finances	0	0	0	0	0	3,209	36,426	32,945	0	0	0	0	0	0
hp & lease commitments	2,432,298	2,701,505	2,741,462	1,897,660	1,863,857	1,279,128	835,591	514,077	0	0	0	0	786,310	1,170,565
other current liabilities	591,283	459,018	154,243	381,555	41,733	167,923	88,570	45,472	0	0	0	0	195,475	251,811
total current liabilities	3,517,857	3,466,134	3,306,325	2,514,839	4,907,281	2,753,127	1,526,577	1,124,458	1,144,620	1,305,373	1,892,616	1,232,304	1,461,200	1,847,050
loans	192,271	197,644	261,121	290,201	263,081	280,761	301,803	211,689	224,600	227,522	271,268	331,943	382,096	406,476
hp & lease commitments	6,043,501	7,378,490	7,207,886	4,972,657	6,158,752	3,640,808	2,720,577	1,758,628	0	0	0	0	0	771,250
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	912,583	744,286	1,329,256	1,085,987	959,921	0
provisions	935,351	765,042	568,396	175,428	136,829	0	0	0	0	141,747	141,747	141,747	190,040	190,040
total long term liabilities	7,171,123	8,341,176	8,037,403	5,438,286	6,558,662	3,921,569	3,022,380	1,970,317	1,137,183	1,113,555	1,742,271	1,559,677	1,532,057	1,367,766
total liabilities	10,688,980	11,807,310	11,343,728	7,953,125	11,465,943	6,674,696	4,548,957	3,094,775	2,281,803	2,418,928	3,634,887	2,791,981	2,993,257	3,214,816
net assets	3,841,659	3,396,962	2,973,484	2,070,900	1,940,445	1,413,254	988,628	715,458	672,385	133,315	647,670	623,189	815,739	753,486
total shareholders funds	3,841,659	3,396,962	2,973,484	2,070,900	1,940,445	1,413,254	988,628	715,458	672,385	133,315	647,670	623,189	815,739	753,486

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Oct 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	588,949	545,292	1,139,704	184,246	664,511	551,495	368,059	78,673	393,407	-498,144	51,284	-164,755	166,384	163,174
Depreciation	1,851,564	287,506	1,057,500	987,387	798,748	527,169	379,642	284,607	211,127	398,439	614,396	495,992	547,525	798,201
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-149,806	-100,442	-212,825	-31,708	-124,770	-100,711	-65,185	-11,949	-75,748	0	-7,313	0	24,332	-77,721
Stock	-14,074	-16,697	-51,612	64,633	-33,379	-314	-97,521	-535	-40,251	3,562	2,000	-10,404	17,492	203,100
Debtors	-327,995	-76,574	914,014	-235,127	137,207	137,375	159,152	38,508	-42,798	101,715	-154,161	-29,942	-91,598	618,676
Creditors	202,097	-73,806	262,916	-292,572	118,509	57,856	-26,798	-915,632	-160,753	-587,243	660,312	897,581	89,576	245,147
Accruals and Deferred Income	132,265	304,775	-227,312	339,822	-126,190	79,353	43,098	45,472	0	0	0	-195,475	-56,336	251,811
Deferred Taxes & Provisions	170,309	196,646	392,968	38,599	136,829	0	0	0	-141,747	0	0	-48,293	0	190,040
Cash flow from operations	3,137,447	1,253,242	1,550,549	1,396,268	1,363,809	978,101	637,185	-556,802	309,335	-792,225	1,470,840	1,025,396	845,587	748,876
Investing Activities
capital expenditure	-1,176,043	-778,525	-4,525,503	-211,105	-4,351,961	-2,123,865	-2,025,058	-1,113,803	-684,997	1,437,087	-1,679,163	-97,324	-462,239	-3,944,717
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-1,176,043	-778,525	-4,525,503	-211,105	-4,351,961	-2,123,865	-2,025,058	-1,113,803	-684,997	1,437,087	-1,679,163	-97,324	-462,239	-3,944,717
Financing Activities
Bank loans	-13,432	-7,278	7,647	2,405	0	0	5,749	21,995	0	0	0	0	0	0
Group/Directors Accounts	0	0	-119,492	-2,475,900	1,580,315	731,725	117,316	166,036	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	-3,209	-33,217	3,481	32,945	0	0	0	0	0	0
Long term loans	-5,373	-63,477	-29,080	27,120	-17,680	-21,042	90,114	-12,911	-2,922	-43,746	-60,675	-50,153	-24,380	406,476
Hire Purchase and Lease Commitments	-1,604,196	130,647	3,079,031	-1,152,292	3,102,673	1,363,768	1,283,463	2,272,705	0	0	0	-786,310	-1,155,505	1,941,815
other long term liabilities	0	0	0	0	0	0	0	-912,583	168,297	-584,970	243,269	126,066	959,921	0
share issue	-4,722	-4,722	-4,722	-4,722	-4,722	-4,722	-4,722	-4,722	236,077	0	0	0	0	820,450
interest	10,276	-16,650	-19,573	-17,360	-7,829	-21,436	-24,983	-18,929	-14,666	-16,211	-19,491	-27,796	-103,671	-162,634
cash flow from financing	-1,617,447	38,520	2,913,811	-3,620,749	4,649,548	2,015,076	1,470,418	1,544,536	386,786	-644,927	163,103	-738,193	-323,635	3,006,107
cash and cash equivalents
cash	343,957	489,312	-37,218	-2,435,587	1,661,397	816,608	20,305	-11,124	11,124	-65	-45,219	45,188	86	10
overdraft	0	-23,925	23,925	0	0	-52,704	-62,241	114,945	0	0	0	-144,692	-34,835	179,527
change in cash	343,957	513,237	-61,143	-2,435,587	1,661,397	869,312	82,546	-126,069	11,124	-65	-45,219	189,880	34,921	-179,517

P&L

September 2023

turnover

5.2m

+18%

operating profit

588.9k

gross margin

27.8%

-1.44%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

3.8m

+0.13%

total assets

14.5m

-0.04%

cash

858.8k

+0.67%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

dgc limited

radnes services limited

b.s. trailer services limited

bears ambulance service limited

vicarage truck rentals limited

company number

02901517

Type

Private limited with Share Capital

industry

77120 - Renting and leasing of trucks

incorporation date

February 1994

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

wilcox close, aylesham industrial estate, aylesham canterbury, kent, CT3 3EP

last accounts submitted

September 2023

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 found 39 charges/mortgages relating to c.v.m.e. truck rental limited. Currently there are 20 open charges and 19 have been satisfied in the past.

c.v.m.e. truck rental limited Company Information

c.v.m.e. truck rental limited Estimated Valuation

c.v.m.e. truck rental limited Estimated Valuation

c.v.m.e. truck rental limited Estimated Valuation

C.v.m.e. Truck Rental Limited AI Business Plan

C.v.m.e. Truck Rental Limited Overview

C.v.m.e. Truck Rental Limited Health Check

c.v.m.e. truck rental limited Credit Report and Business Information

C.v.m.e. Truck Rental Limited Competitor Analysis

c.v.m.e. truck rental limited Ownership

c.v.m.e. truck rental limited directors

C.V.M.E. TRUCK RENTAL LIMITED financials

c.v.m.e. truck rental limited company details

c.v.m.e. truck rental limited Charges & Mortgages

c.v.m.e. truck rental limited Companies House Filings - See Documents