addison motors limited

addison motors limited Company Information

Share ADDISON MOTORS LIMITED
Live 
MatureMegaHealthy

Company Number

00714804

Industry

Sale of new cars and light motor vehicles

 

Shareholders

lookers motor group limited

Group Structure

View All

Contact

Registered Address

lookers house 3 etchells road, west timperley, altrincham, WA14 5XS

addison motors limited Estimated Valuation

£154m

Pomanda estimates the enterprise value of ADDISON MOTORS LIMITED at £154m based on a Turnover of £313.2m and 0.49x industry multiple (adjusted for size and gross margin).

addison motors limited Estimated Valuation

£17.8m

Pomanda estimates the enterprise value of ADDISON MOTORS LIMITED at £17.8m based on an EBITDA of £2.4m and a 7.55x industry multiple (adjusted for size and gross margin).

addison motors limited Estimated Valuation

£55.8m

Pomanda estimates the enterprise value of ADDISON MOTORS LIMITED at £55.8m based on Net Assets of £19m and 2.94x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Addison Motors Limited Overview

Addison Motors Limited is a live company located in altrincham, WA14 5XS with a Companies House number of 00714804. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in February 1962, it's largest shareholder is lookers motor group limited with a 100% stake. Addison Motors Limited is a mature, mega sized company, Pomanda has estimated its turnover at £313.2m with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Addison Motors Limited Health Check

Pomanda's financial health check has awarded Addison Motors Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

4 Weak

size

Size

annual sales of £313.2m, make it larger than the average company (£59.9m)

£313.2m - Addison Motors Limited

£59.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.6%)

10% - Addison Motors Limited

7.6% - Industry AVG

production

Production

with a gross margin of 9.4%, this company has a comparable cost of product (10%)

9.4% - Addison Motors Limited

10% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (2%)

0.2% - Addison Motors Limited

2% - Industry AVG

employees

Employees

with 504 employees, this is above the industry average (94)

504 - Addison Motors Limited

94 - Industry AVG

paystructure

Pay Structure

on an average salary of £38k, the company has an equivalent pay structure (£37.9k)

£38k - Addison Motors Limited

£37.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £621.5k, this is equally as efficient (£631.1k)

£621.5k - Addison Motors Limited

£631.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is near the average (6 days)

5 days - Addison Motors Limited

6 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 11 days, this is quicker than average (30 days)

11 days - Addison Motors Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 46 days, this is in line with average (57 days)

46 days - Addison Motors Limited

57 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (4 weeks)

0 weeks - Addison Motors Limited

4 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 83%, this is a higher level of debt than the average (68.9%)

83% - Addison Motors Limited

68.9% - Industry AVG

ADDISON MOTORS LIMITED financials

EXPORTms excel logo

Addison Motors Limited's latest turnover from December 2023 is £313.2 million and the company has net assets of £19 million. According to their latest financial statements, Addison Motors Limited has 504 employees and maintains cash reserves of £812 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover313,229,000271,001,000248,214,000236,225,000324,959,000590,132,000572,317,000552,225,000547,163,000512,042,000622,411,000541,075,000415,494,000380,084,000313,167,000
Other Income Or Grants000000000000000
Cost Of Sales283,761,000240,360,000218,920,000213,199,000296,124,000534,441,000522,418,000502,617,000488,396,000458,817,000554,379,000480,454,000387,034,000352,124,000285,429,000
Gross Profit29,468,00030,641,00029,294,00023,026,00028,835,00055,691,00049,899,00049,608,00058,767,00053,225,00068,032,00060,621,00028,460,00027,960,00027,738,000
Admin Expenses28,843,00025,976,00018,416,00026,117,00020,281,00052,036,00047,798,00044,499,00050,005,00049,316,00058,896,00055,898,00023,991,00021,435,00020,031,000
Operating Profit625,0004,665,00010,878,000-3,091,0008,554,0003,655,0002,101,0005,109,0008,762,0003,909,0009,136,0004,723,0004,469,0006,525,0007,707,000
Interest Payable1,368,000674,000552,0001,130,0001,303,0001,789,0002,052,0001,821,0001,538,0001,271,0001,788,0001,727,000952,000580,000602,000
Interest Receivable100,000100,0000002,0000251,0004,0007,0004,000104,000125,00063,00010,000
Pre-Tax Profit-643,0004,091,00010,326,000-4,221,0007,251,0001,868,00049,0003,540,0007,228,0002,995,0007,352,0003,100,0003,642,0006,008,0007,115,000
Tax-351,000-585,000-1,829,000248,0001,003,000-921,000241,000-884,000-932,000-759,000-2,086,000-1,046,000-1,012,000-1,885,000-2,207,000
Profit After Tax-994,0003,506,0008,497,000-3,973,0008,254,000947,000290,0002,656,0006,296,0002,236,0005,266,0002,054,0002,630,0004,123,0004,908,000
Dividends Paid026,245,0000013,500,0002,394,0001,789,0002,723,0002,697,000500,000500,000500,000500,000600,000500,000
Retained Profit-994,000-22,739,0008,497,000-3,973,000-5,246,000-1,447,000-1,499,000-67,0003,599,0001,736,0004,766,0001,554,0002,130,0003,523,0004,408,000
Employee Costs19,166,00016,937,00015,333,00014,229,00025,453,00035,831,00032,352,00034,564,00039,354,00038,272,00044,086,00039,994,00032,369,00029,357,00027,760,000
Number Of Employees5044884265377851,0351,0211,1231,1791,1441,4211,4681,2751,1811,094
EBITDA*2,355,0005,794,00011,880,000-2,119,0009,857,0005,190,0003,228,0006,506,00010,408,0003,909,00014,495,00010,085,0007,682,0009,265,00010,104,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets34,452,00032,513,00035,359,00047,649,00053,127,00053,736,00054,567,00052,722,00049,420,00054,165,00053,564,00047,169,00041,974,00034,764,00033,678,000
Intangible Assets3,819,0003,560,0000085,000196,000327,000400,000005,906,0007,188,0007,897,000431,000546,000
Investments & Other15,613,00015,208,00013,282,00013,282,00013,282,00013,282,00013,282,00013,282,00013,282,00013,282,000484,0000000
Debtors (Due After 1 year)0003,808,000969,0000000000000
Total Fixed Assets53,884,00051,281,00048,641,00047,649,00053,212,00053,932,00054,894,00053,122,00049,420,00054,165,00059,954,00054,357,00049,871,00035,195,00034,224,000
Stock & work in progress35,812,00033,864,00026,548,00031,548,00060,052,000106,488,00084,931,00068,718,00080,568,00051,760,00060,193,00053,986,00054,601,00042,488,00028,205,000
Trade Debtors4,447,0003,568,0002,772,0002,722,0004,250,00010,119,0009,347,00010,088,00012,754,00011,016,00012,884,0005,137,0004,916,0004,833,0003,553,000
Group Debtors15,996,00022,038,00028,556,00033,212,00015,275,00018,940,00000250,0006,104,00000000
Misc Debtors353,000474,000538,0001,919,0005,502,0002,974,0002,446,0002,932,0001,912,0002,923,0002,111,0007,883,0007,580,0005,587,0005,569,000
Cash812,0002,615,00017,342,0004,147,00017,652,0009,187,00015,619,00013,154,0008,159,0003,084,000231,0002,251,0001,758,000155,00011,000
misc current assets000000000000000
total current assets57,420,00062,559,00075,756,00074,702,000103,387,000147,708,000112,343,00094,892,000103,643,00074,887,00075,419,00069,257,00068,855,00053,063,00037,338,000
total assets111,304,000113,840,000124,397,000122,351,000156,599,000201,640,000167,237,000148,014,000153,063,000129,052,000135,373,000123,614,000118,726,00088,258,00071,562,000
Bank overdraft3,256,00040,062,00038,151,0006,987,00019,348,00000003,125,0000856,0002,363,0005,886,0004,231,000
Bank loan000000000000000
Trade Creditors 8,608,0005,709,0004,249,00010,387,00018,607,00025,786,00033,654,00029,714,00026,832,00024,182,00026,652,00025,029,00019,399,00013,750,00011,661,000
Group/Directors Accounts38,006,0008,080,0007,750,000000000011,00011,00011,00011,00012,000
other short term finances32,996,00030,616,00022,837,0008,350,00017,348,0000020,589,00040,206,00013,180,0002,244,00024,314,00025,525,0003,604,0003,339,000
hp & lease commitments299,000361,000279,000290,000268,0000000000000
other current liabilities4,346,0004,754,0005,822,00059,312,00059,872,000130,748,00086,899,00049,815,00037,920,00021,114,00030,032,00019,580,00019,135,00019,163,0009,558,000
total current liabilities87,511,00089,582,00079,088,00085,326,000115,443,000156,534,000120,553,000100,118,000104,958,00061,601,00058,939,00069,790,00066,433,00042,414,00028,801,000
loans0004,376,0004,568,000000046,246,00024,889,0005,922,0005,554,000755,000915,000
hp & lease commitments1,955,0001,708,0001,883,0002,188,0002,284,0000000000000
Accruals and Deferred Income000000000000000
other liabilities0000000000653,0000000
provisions2,867,0002,585,0001,833,0005,754,0002,814,0003,582,0002,732,0001,912,0002,196,0001,840,000392,000402,000509,000626,000631,000
total long term liabilities4,822,0004,293,0003,805,0005,065,0003,691,0001,791,0001,366,000956,0001,098,00024,043,00025,934,0007,716,0007,184,0001,665,0002,013,000
total liabilities92,333,00093,875,00082,893,00090,391,000119,134,000158,325,000121,919,000101,074,000106,056,00085,644,00084,873,00077,506,00073,617,00044,079,00030,814,000
net assets18,971,00019,965,00041,504,00031,960,00037,465,00043,315,00045,318,00046,940,00047,007,00043,408,00050,500,00046,108,00045,109,00044,179,00040,748,000
total shareholders funds18,971,00019,965,00041,504,00031,960,00037,465,00043,315,00045,318,00046,940,00047,007,00043,408,00050,500,00046,108,00045,109,00044,179,00040,748,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit625,0004,665,00010,878,000-3,091,0008,554,0003,655,0002,101,0005,109,0008,762,0003,909,0009,136,0004,723,0004,469,0006,525,0007,707,000
Depreciation1,730,0001,129,0001,002,000887,0001,192,0001,404,000996,0001,250,0001,646,00004,077,0004,082,0003,002,0002,625,0002,368,000
Amortisation00085,000111,000131,000131,000147,000001,282,0001,280,000211,000115,00029,000
Tax-351,000-585,000-1,829,000248,0001,003,000-921,000241,000-884,000-932,000-759,000-2,086,000-1,046,000-1,012,000-1,885,000-2,207,000
Stock1,948,0007,316,000-5,000,000-28,504,000-46,436,00021,557,00016,213,000-11,850,00028,808,000-8,433,0006,207,000-615,00012,113,00014,283,00028,205,000
Debtors-5,284,000-5,786,000-9,795,00015,665,000-6,037,00020,240,000-1,227,000-1,896,000-5,127,0005,048,0001,975,000524,0002,076,0001,298,0009,122,000
Creditors2,899,0001,460,000-6,138,000-8,220,000-7,179,000-7,868,0003,940,0002,882,0002,650,000-2,470,0001,623,0005,630,0005,649,0002,089,00011,661,000
Accruals and Deferred Income-408,000-1,068,000-53,490,000-560,000-70,876,00043,849,00037,084,00011,895,00016,806,000-8,918,00010,452,000445,000-28,0009,605,0009,558,000
Deferred Taxes & Provisions282,000752,000-3,921,0002,940,000-768,000850,000820,000-284,000356,0001,448,000-10,000-107,000-117,000-5,000631,000
Cash flow from operations8,113,0004,823,000-38,703,0005,128,000-15,490,000-697,00030,327,00033,861,0005,607,000-3,405,00016,292,00015,098,000-2,015,0003,488,000-7,580,000
Investing Activities
capital expenditure-3,928,000-1,843,00011,288,0004,591,000-583,000-573,000-2,899,000-5,099,0003,099,0005,305,000-8,974,000-9,656,000-5,071,000-3,609,000-3,293,000
Change in Investments405,0001,926,000000000012,798,000484,0000000
cash flow from investments-4,333,000-3,769,00011,288,0004,591,000-583,000-573,000-2,899,000-5,099,0003,099,000-7,493,000-9,458,000-9,656,000-5,071,000-3,609,000-3,293,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts29,926,000330,0007,750,000000000-11,000000-1,00012,000
Other Short Term Loans 2,380,0007,779,00014,487,000-8,998,00017,348,0000-20,589,000-19,617,00027,026,00010,936,000-22,070,000-1,211,00021,921,000265,0003,339,000
Long term loans00-4,376,000-192,0004,568,000000-46,246,00021,357,00018,967,000368,0004,799,000-160,000915,000
Hire Purchase and Lease Commitments185,000-93,000-316,000-74,0002,552,0000000000000
other long term liabilities000000000-653,000653,0000000
share issue01,200,0001,047,000-1,532,000-604,000-556,000-123,00000-8,828,000-374,000-555,000-1,200,000-92,00036,340,000
interest-1,268,000-574,000-552,000-1,130,000-1,303,000-1,787,000-2,052,000-1,570,000-1,534,000-1,264,000-1,784,000-1,623,000-827,000-517,000-592,000
cash flow from financing31,223,0008,642,00018,040,000-11,926,00022,561,000-2,343,000-22,764,000-21,187,000-20,754,00021,537,000-4,608,000-3,021,00024,693,000-505,00040,014,000
cash and cash equivalents
cash-1,803,000-14,727,00013,195,000-13,505,0008,465,000-6,432,0002,465,0004,995,0005,075,0002,853,000-2,020,000493,0001,603,000144,00011,000
overdraft-36,806,0001,911,00031,164,000-12,361,00019,348,000000-3,125,0003,125,000-856,000-1,507,000-3,523,0001,655,0004,231,000
change in cash35,003,000-16,638,000-17,969,000-1,144,000-10,883,000-6,432,0002,465,0004,995,0008,200,000-272,000-1,164,0002,000,0005,126,000-1,511,000-4,220,000

addison motors limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for addison motors limited. Get real-time insights into addison motors 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

Addison Motors Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for addison motors limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in WA14 area or any other competitors across 12 key performance metrics.

addison motors limited Ownership

ADDISON MOTORS LIMITED group structure

Addison Motors Limited has 6 subsidiary companies.

ADDISON MOTORS LIMITED Shareholders

lookers motor group limited 100%

addison motors limited directors

Addison Motors Limited currently has 4 directors. The longest serving directors include Mr James Robinson-Wyatt (Jun 2019) and Mr Richard Walker (Dec 2019).

officercountryagestartendrole
Mr James Robinson-WyattUnited Kingdom44 years Jun 2019- Director
Mr Richard WalkerUnited Kingdom58 years Dec 2019- Director
Mr Christopher Whitaker49 years Apr 2024- Director
Mr James BrearleyUnited Kingdom59 years Oct 2024- Director

P&L

December 2023

turnover

313.2m

+16%

operating profit

625k

-87%

gross margin

9.5%

-16.79%

turnover

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

Balance Sheet

December 2023

net assets

19m

-0.05%

total assets

111.3m

-0.02%

cash

812k

-0.69%

net assets

Total assets minus all liabilities

addison motors limited company details

company number

00714804

Type

Private limited with Share Capital

industry

45111 - Sale of new cars and light motor vehicles

incorporation date

February 1962

age

62

incorporated

UK

ultimate parent company

IMPERO JERSEY CORP LTD

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

lookers house 3 etchells road, west timperley, altrincham, WA14 5XS

Bank

ROYAL BANK OF SCOTLAND(IOM)LTD

Legal Advisor

-

addison motors 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 38 charges/mortgages relating to addison motors limited. Currently there are 3 open charges and 35 have been satisfied in the past.

charges

addison motors limited Companies House Filings - See Documents

datedescriptionview/download