triangle motor co. limited Company Information
Company Number
00435273
Website
www.trianglemotor.comRegistered Address
newport, brough, east yorkshire, HU15 2RD
Industry
Retail sale of automotive fuel in specialised stores
Telephone
01430425038
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
mrs ailsa louise wright 22.4%
mrs andrea clare bogg 19.5%
View Alltriangle motor co. limited Estimated Valuation
Pomanda estimates the enterprise value of TRIANGLE MOTOR CO. LIMITED at £6.7m based on a Turnover of £16.7m and 0.4x industry multiple (adjusted for size and gross margin).
triangle motor co. limited Estimated Valuation
Pomanda estimates the enterprise value of TRIANGLE MOTOR CO. LIMITED at £1.9m based on an EBITDA of £424.9k and a 4.56x industry multiple (adjusted for size and gross margin).
triangle motor co. limited Estimated Valuation
Pomanda estimates the enterprise value of TRIANGLE MOTOR CO. LIMITED at £20.9m based on Net Assets of £6.9m and 3.04x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Triangle Motor Co. Limited Overview
Triangle Motor Co. Limited is a live company located in east yorkshire, HU15 2RD with a Companies House number of 00435273. It operates in the retail sale of automotive fuel in specialised stores sector, SIC Code 47300. Founded in May 1947, it's largest shareholder is mrs ailsa louise wright with a 22.4% stake. Triangle Motor Co. Limited is a mature, mid sized company, Pomanda has estimated its turnover at £16.7m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Triangle Motor Co. Limited Health Check
Pomanda's financial health check has awarded Triangle Motor Co. Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £16.7m, make it smaller than the average company (£25.9m)
£16.7m - Triangle Motor Co. Limited
£25.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (7.5%)
1% - Triangle Motor Co. Limited
7.5% - Industry AVG
Production
with a gross margin of 12%, this company has a comparable cost of product (11.6%)
12% - Triangle Motor Co. Limited
11.6% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (3.9%)
2% - Triangle Motor Co. Limited
3.9% - Industry AVG
Employees
with 82 employees, this is above the industry average (56)
82 - Triangle Motor Co. Limited
56 - Industry AVG
Pay Structure
on an average salary of £14.4k, the company has an equivalent pay structure (£16.1k)
£14.4k - Triangle Motor Co. Limited
£16.1k - Industry AVG
Efficiency
resulting in sales per employee of £203.4k, this is less efficient (£416k)
£203.4k - Triangle Motor Co. Limited
£416k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (5 days)
2 days - Triangle Motor Co. Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (23 days)
12 days - Triangle Motor Co. Limited
23 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is more than average (8 days)
10 days - Triangle Motor Co. Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 104 weeks, this is more cash available to meet short term requirements (17 weeks)
104 weeks - Triangle Motor Co. Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.6%, this is a lower level of debt than the average (59.5%)
9.6% - Triangle Motor Co. Limited
59.5% - Industry AVG
TRIANGLE MOTOR CO. LIMITED financials
Triangle Motor Co. Limited's latest turnover from February 2023 is £16.7 million and the company has net assets of £6.9 million. According to their latest financial statements, Triangle Motor Co. Limited has 82 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 16,679,456 | 15,889,633 | 12,242,614 | 16,110,180 | 15,244,037 | 12,614,249 | 13,658,828 | 13,646,350 | 14,675,950 | 15,031,459 | 14,851,273 | 15,103,532 | 14,676,357 | 13,415,774 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 14,681,170 | 13,879,922 | 10,624,411 | 14,501,784 | 13,799,283 | 11,400,826 | 12,442,008 | 12,559,830 | 13,684,430 | 14,139,762 | 14,015,396 | 14,302,623 | 13,826,204 | 12,544,427 |
Gross Profit | 1,998,286 | 2,009,711 | 1,618,203 | 1,608,396 | 1,444,754 | 1,213,423 | 1,216,820 | 1,086,520 | 991,520 | 891,697 | 835,877 | 800,909 | 850,153 | 871,347 |
Admin Expenses | 1,663,811 | 1,258,955 | 1,206,522 | 1,340,922 | 1,245,616 | 1,023,475 | 945,513 | 881,063 | 884,106 | 807,587 | 858,219 | 809,427 | 758,709 | 960,015 |
Operating Profit | 334,475 | 750,756 | 411,681 | 267,474 | 199,138 | 189,948 | 271,307 | 205,457 | 107,414 | 84,110 | -22,342 | -8,518 | 91,444 | -88,668 |
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Receivable | 25,548 | 22,322 | 16,420 | 22,753 | 4,642 | 5,895 | 9,295 | 16,305 | 28,040 | 37,758 | 55,183 | 59,912 | 57,306 | 44,858 |
Pre-Tax Profit | 337,094 | 809,712 | 466,025 | 480,620 | 215,978 | 228,386 | 364,180 | 233,551 | 143,250 | 121,478 | 32,841 | 51,394 | 148,750 | -43,810 |
Tax | -47,606 | -89,027 | -81,901 | -61,893 | -39,997 | -34,692 | -57,835 | -36,130 | -28,343 | -22,893 | -6,850 | 2,741 | -20,380 | 6,446 |
Profit After Tax | 289,488 | 720,685 | 384,124 | 418,727 | 175,981 | 193,694 | 306,345 | 197,421 | 114,907 | 98,585 | 25,991 | 54,135 | 128,370 | -37,364 |
Dividends Paid | 164,766 | 164,766 | 164,766 | 164,766 | 164,766 | 184,766 | 184,766 | 181,626 | 178,026 | 178,026 | 82,920 | 82,920 | 165,840 | 165,840 |
Retained Profit | 124,722 | 555,919 | 219,358 | 253,961 | 11,215 | 8,928 | 121,579 | 15,795 | -63,119 | -79,441 | -56,929 | -28,785 | -37,470 | -203,204 |
Employee Costs | 1,177,806 | 1,054,843 | 1,009,881 | 954,739 | 817,243 | 691,107 | 657,926 | 624,389 | 616,406 | 568,045 | 601,198 | 672,184 | 616,734 | 616,539 |
Number Of Employees | 82 | 80 | 92 | 85 | 76 | 80 | 72 | 72 | 66 | 63 | 58 | 54 | 56 | 57 |
EBITDA* | 424,871 | 841,006 | 517,662 | 373,571 | 294,809 | 265,291 | 329,710 | 255,342 | 156,163 | 127,606 | 22,253 | 47,177 | 163,151 | -4,455 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,603,158 | 2,657,018 | 2,371,329 | 2,457,446 | 2,511,070 | 2,538,765 | 1,807,332 | 1,843,393 | 1,803,014 | 3,689,978 | 3,490,578 | 3,322,356 | 3,075,192 | 1,833,520 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 2,439,000 | 2,424,000 | 2,309,000 | 2,309,000 | 2,120,828 | 2,120,828 | 2,120,828 | 2,120,827 | 1,890,080 | 0 | 0 | 0 | 0 | 1,118,785 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 5,042,158 | 5,081,018 | 4,680,329 | 4,766,446 | 4,631,898 | 4,659,593 | 3,928,160 | 3,964,220 | 3,693,094 | 3,689,978 | 3,490,578 | 3,322,356 | 3,075,192 | 2,952,305 |
Stock & work in progress | 434,716 | 386,289 | 282,817 | 278,991 | 319,212 | 234,289 | 307,790 | 262,489 | 362,988 | 294,072 | 339,661 | 333,646 | 329,129 | 367,312 |
Trade Debtors | 112,298 | 136,716 | 280,798 | 294,185 | 224,270 | 240,728 | 276,483 | 236,070 | 233,078 | 255,392 | 293,362 | 298,587 | 391,802 | 321,290 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 39,853 | 30,403 | 32,418 | 22,562 | 24,303 | 62,457 | 26,807 | 22,792 | 37,769 | 26,642 | 51,695 | 69,893 | 53,976 | 90,543 |
Cash | 1,276,850 | 1,579,309 | 993,133 | 601,525 | 436,347 | 408,822 | 1,199,518 | 1,094,975 | 1,397,011 | 1,394,343 | 1,957,312 | 2,161,920 | 2,507,533 | 2,772,652 |
misc current assets | 685,398 | 712,234 | 683,818 | 652,789 | 656,247 | 665,216 | 653,378 | 590,175 | 393,578 | 396,581 | 0 | 0 | 0 | 0 |
total current assets | 2,549,115 | 2,844,951 | 2,272,984 | 1,850,052 | 1,660,379 | 1,611,512 | 2,463,976 | 2,206,501 | 2,424,424 | 2,367,030 | 2,642,030 | 2,864,046 | 3,282,440 | 3,551,797 |
total assets | 7,591,273 | 7,925,969 | 6,953,313 | 6,616,498 | 6,292,277 | 6,271,105 | 6,392,136 | 6,170,721 | 6,117,518 | 6,057,008 | 6,132,608 | 6,186,402 | 6,357,632 | 6,504,102 |
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 | 515,430 | 919,483 | 488,634 | 382,712 | 356,822 | 453,480 | 522,964 | 491,614 | 471,531 | 345,405 | 361,924 | 388,239 | 404,586 | 637,092 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,522 | 0 | 0 | 101,201 | 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 | 120,897 | 174,324 | 204,353 | 182,811 | 144,022 | 39,683 | 128,385 | 55,419 | 47,559 | 37,934 | 51,287 | 23,748 | 49,711 | 23,912 |
total current liabilities | 636,327 | 1,093,807 | 692,987 | 565,523 | 500,844 | 493,163 | 651,349 | 547,033 | 519,090 | 404,861 | 413,211 | 411,987 | 555,498 | 661,004 |
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 | 88,474 | 90,412 | 74,495 | 84,502 | 78,921 | 76,645 | 48,418 | 52,897 | 43,432 | 34,032 | 21,841 | 19,930 | 18,864 | 22,358 |
total long term liabilities | 88,474 | 90,412 | 74,495 | 84,502 | 78,921 | 76,645 | 48,418 | 52,897 | 43,432 | 34,032 | 21,841 | 19,930 | 18,864 | 22,358 |
total liabilities | 724,801 | 1,184,219 | 767,482 | 650,025 | 579,765 | 569,808 | 699,767 | 599,930 | 562,522 | 438,893 | 435,052 | 431,917 | 574,362 | 683,362 |
net assets | 6,866,472 | 6,741,750 | 6,185,831 | 5,966,473 | 5,712,512 | 5,701,297 | 5,692,369 | 5,570,791 | 5,554,996 | 5,618,115 | 5,697,556 | 5,754,485 | 5,783,270 | 5,820,740 |
total shareholders funds | 6,866,472 | 6,741,750 | 6,185,831 | 5,966,473 | 5,712,512 | 5,701,297 | 5,692,369 | 5,570,791 | 5,554,996 | 5,618,115 | 5,697,556 | 5,754,485 | 5,783,270 | 5,820,740 |
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 334,475 | 750,756 | 411,681 | 267,474 | 199,138 | 189,948 | 271,307 | 205,457 | 107,414 | 84,110 | -22,342 | -8,518 | 91,444 | -88,668 |
Depreciation | 90,396 | 90,250 | 105,981 | 106,097 | 95,671 | 75,343 | 58,403 | 49,885 | 48,749 | 43,496 | 44,595 | 55,695 | 71,707 | 84,213 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -47,606 | -89,027 | -81,901 | -61,893 | -39,997 | -34,692 | -57,835 | -36,130 | -28,343 | -22,893 | -6,850 | 2,741 | -20,380 | 6,446 |
Stock | 48,427 | 103,472 | 3,826 | -40,221 | 84,923 | -73,501 | 45,301 | -100,499 | 68,916 | -45,589 | 6,015 | 4,517 | -38,183 | 367,312 |
Debtors | -14,968 | -146,097 | -3,531 | 68,174 | -54,612 | -105 | 44,428 | -11,985 | -11,187 | -63,023 | -23,423 | -77,298 | 33,945 | 411,833 |
Creditors | -404,053 | 430,849 | 105,922 | 25,890 | -96,658 | -69,484 | 31,350 | 20,083 | 126,126 | -16,519 | -26,315 | -16,347 | -232,506 | 637,092 |
Accruals and Deferred Income | -53,427 | -30,029 | 21,542 | 38,789 | 104,339 | -88,702 | 72,966 | 7,860 | 9,625 | -13,353 | 27,539 | -25,963 | 25,799 | 23,912 |
Deferred Taxes & Provisions | -1,938 | 15,917 | -10,007 | 5,581 | 2,276 | 28,227 | -4,479 | 9,465 | 9,400 | 12,191 | 1,911 | 1,066 | -3,494 | 22,358 |
Cash flow from operations | -115,612 | 1,211,341 | 552,923 | 353,985 | 234,458 | 174,246 | 281,983 | 369,104 | 215,242 | 195,644 | 35,946 | 81,455 | -63,192 | -93,792 |
Investing Activities | ||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | -71,157 | -810,248 | -17,125 | -508,425 | -38,341 | -236,855 | -210,353 | -299,485 | -196,058 | -459,723 |
Change in Investments | 15,000 | 115,000 | 0 | 188,172 | 0 | 0 | 1 | 230,747 | 1,890,080 | 0 | 0 | 0 | -1,118,785 | 1,118,785 |
cash flow from investments | -15,000 | -115,000 | 0 | -188,172 | -71,157 | -810,248 | -17,126 | -739,172 | -1,928,421 | -236,855 | -210,353 | -299,485 | 922,727 | -1,578,508 |
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 | -21,522 | 21,522 | 0 | -101,201 | 101,201 | 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 | 25,548 | 22,322 | 16,420 | 22,753 | 4,642 | 5,895 | 9,295 | 16,305 | 28,040 | 37,758 | 55,183 | 59,912 | 57,306 | 44,858 |
cash flow from financing | 25,548 | 22,322 | 16,420 | 22,753 | 4,642 | 5,895 | 9,294 | 16,305 | 6,518 | 59,280 | 55,183 | -41,289 | 158,507 | 6,068,802 |
cash and cash equivalents | ||||||||||||||
cash | -302,459 | 586,176 | 391,608 | 165,178 | 27,525 | -790,696 | 104,543 | -302,036 | 2,668 | -562,969 | -204,608 | -345,613 | -265,119 | 2,772,652 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -302,459 | 586,176 | 391,608 | 165,178 | 27,525 | -790,696 | 104,543 | -302,036 | 2,668 | -562,969 | -204,608 | -345,613 | -265,119 | 2,772,652 |
triangle motor co. limited Credit Report and Business Information
Triangle Motor Co. Limited Competitor Analysis
Perform a competitor analysis for triangle motor co. limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in HU15 area or any other competitors across 12 key performance metrics.
triangle motor co. limited Ownership
TRIANGLE MOTOR CO. LIMITED group structure
Triangle Motor Co. Limited has no subsidiary companies.
Ultimate parent company
TRIANGLE MOTOR CO. LIMITED
00435273
triangle motor co. limited directors
Triangle Motor Co. Limited currently has 6 directors. The longest serving directors include Ms Ailsa Wright (Dec 1990) and Mr John Hardy (Dec 1990).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Ailsa Wright | 62 years | Dec 1990 | - | Director | |
Mr John Hardy | 89 years | Dec 1990 | - | Director | |
Mrs Judith Hardy | 89 years | Dec 1990 | - | Director | |
Mrs Andrea Bogg | 55 years | Feb 2011 | - | Director | |
Mr Jack Bogg | 29 years | Oct 2020 | - | Director | |
Miss Eleanor Wright | 29 years | Oct 2020 | - | Director |
P&L
February 2023turnover
16.7m
+5%
operating profit
334.5k
-55%
gross margin
12%
-5.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
6.9m
+0.02%
total assets
7.6m
-0.04%
cash
1.3m
-0.19%
net assets
Total assets minus all liabilities
triangle motor co. limited company details
company number
00435273
Type
Private limited with Share Capital
industry
47300 - Retail sale of automotive fuel in specialised stores
incorporation date
May 1947
age
77
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
February 2023
previous names
triangle motor co.(marfleet)limited (May 1999)
accountant
-
auditor
DUTTON MOORE
address
newport, brough, east yorkshire, HU15 2RD
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
triangle motor co. 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 found 3 charges/mortgages relating to triangle motor co. limited. Currently there are 1 open charges and 2 have been satisfied in the past.
triangle motor co. limited Companies House Filings - See Documents
date | description | view/download |
---|