f.p.smith motors limited

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f.p.smith motors limited Company Information

Share F.P.SMITH MOTORS LIMITED

Company Number

00756697

Shareholders

f p smith (holdings) ltd

Group Structure

View All

Industry

Sale of new cars and light motor vehicles

 

Registered Address

sturrock way bretton way, bretton, peterborough, cambridgeshire, PE3 8YL

f.p.smith motors limited Estimated Valuation

£21.9m

Pomanda estimates the enterprise value of F.P.SMITH MOTORS LIMITED at £21.9m based on a Turnover of £37m and 0.59x industry multiple (adjusted for size and gross margin).

f.p.smith motors limited Estimated Valuation

£4m

Pomanda estimates the enterprise value of F.P.SMITH MOTORS LIMITED at £4m based on an EBITDA of £540.7k and a 7.45x industry multiple (adjusted for size and gross margin).

f.p.smith motors limited Estimated Valuation

£8.1m

Pomanda estimates the enterprise value of F.P.SMITH MOTORS LIMITED at £8.1m based on Net Assets of £2.7m and 2.97x industry multiple (adjusted for liquidity).

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F.p.smith Motors Limited Overview

F.p.smith Motors Limited is a live company located in peterborough, PE3 8YL with a Companies House number of 00756697. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in April 1963, it's largest shareholder is f p smith (holdings) ltd with a 100% stake. F.p.smith Motors Limited is a mature, large sized company, Pomanda has estimated its turnover at £37m with high growth in recent years.

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F.p.smith Motors Limited Health Check

Pomanda's financial health check has awarded F.P.Smith Motors Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

5 Regular

positive_score

5 Weak

size

Size

annual sales of £37m, make it smaller than the average company (£53.2m)

£37m - F.p.smith Motors Limited

£53.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (12.5%)

17% - F.p.smith Motors Limited

12.5% - Industry AVG

production

Production

with a gross margin of 10.6%, this company has a comparable cost of product (10.2%)

10.6% - F.p.smith Motors Limited

10.2% - Industry AVG

profitability

Profitability

an operating margin of 1.3% make it less profitable than the average company (1.9%)

1.3% - F.p.smith Motors Limited

1.9% - Industry AVG

employees

Employees

with 58 employees, this is below the industry average (85)

58 - F.p.smith Motors Limited

85 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.3k, the company has an equivalent pay structure (£39.8k)

£40.3k - F.p.smith Motors Limited

£39.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £638k, this is equally as efficient (£656.1k)

£638k - F.p.smith Motors Limited

£656.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is later than average (6 days)

20 days - F.p.smith Motors Limited

6 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 53 days, this is slower than average (32 days)

53 days - F.p.smith Motors Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 59 days, this is in line with average (59 days)

59 days - F.p.smith Motors Limited

59 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (4 weeks)

2 weeks - F.p.smith Motors Limited

4 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67.5%, this is a similar level of debt than the average (67%)

67.5% - F.p.smith Motors Limited

67% - Industry AVG

F.P.SMITH MOTORS LIMITED financials

EXPORTms excel logo

F.P.Smith Motors Limited's latest turnover from March 2024 is £37 million and the company has net assets of £2.7 million. According to their latest financial statements, F.P.Smith Motors Limited has 58 employees and maintains cash reserves of £246.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover37,004,75432,518,41827,422,14723,086,19224,090,68423,878,91423,474,74923,419,83318,323,92616,184,28213,587,79925,675,57227,514,21921,513,47321,970,532
Other Income Or Grants000000000000000
Cost Of Sales33,087,30628,729,40023,882,71320,279,13721,237,46220,977,52520,864,53220,940,22816,270,69414,242,01711,895,48222,943,79624,577,47719,193,62119,436,699
Gross Profit3,917,4483,789,0183,539,4342,807,0552,853,2222,901,3892,610,2172,479,6052,053,2321,942,2651,692,3172,731,7762,936,7422,319,8522,533,833
Admin Expenses3,428,1343,215,8972,937,1642,552,5522,631,9722,697,6072,428,2192,218,2641,935,2871,724,5461,571,1282,633,9512,847,9772,643,3142,534,760
Operating Profit489,314573,121602,270254,503221,250203,782181,998261,341117,945217,719121,18997,82588,765-323,462-927
Interest Payable1,8405,4057,24353316,25619,1365,5782,6161,8612,2155,40713,00013,0006,5005,094
Interest Receivable0000001300001,6559581,1320
Pre-Tax Profit487,474567,716595,027253,970204,994184,646176,433258,725116,084215,504115,78286,48076,723-328,8300
Tax-114,427-118,609-117,370-48,792-43,332-35,901-31,523-48,917-23,318-41,293-27,235-20,755-19,94800
Profit After Tax373,047449,107477,657205,178161,662148,745144,910209,80892,766174,21188,54765,72556,775-328,8300
Dividends Paid01,500,0000000000000000
Retained Profit373,047-1,050,893477,657205,178161,662148,745144,910209,80892,766174,21188,54765,72556,775-328,8300
Employee Costs2,337,7842,205,7272,028,0671,894,4131,766,5421,719,1061,516,3801,352,9101,160,8211,077,438979,9271,825,0662,030,6111,565,919832,634
Number Of Employees585656545552514743433969786065
EBITDA*540,721623,398649,534297,605266,379244,311219,436314,127152,114238,186140,552118,424116,433-294,21431,488

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets148,943188,053211,306219,041277,908262,162270,088169,022201,93890,71897,587113,016130,094156,858157,430
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets148,943188,053211,306219,041277,908262,162270,088169,022201,93890,71897,587113,016130,094156,858157,430
Stock & work in progress5,389,9963,009,0392,259,6772,176,6872,359,0882,219,2162,264,6802,048,9611,713,5841,582,4431,460,6841,124,337987,784951,743616,342
Trade Debtors2,065,9131,357,6911,386,2241,734,9531,043,5372,220,3192,573,2271,859,0901,921,1811,880,760986,1721,587,3411,704,8221,463,8511,665,883
Group Debtors452,02598,8853,6630048,810717198,884883,382719,567954,9770000
Misc Debtors128,214167,02068,83380,20599,052107,47576,24071,73362,71982,63368,9010000
Cash246,350446,3421,915,3761,714,917717,460322,428209,519210,272817,183570,538218,705360,781301,40081,693370,961
misc current assets000000000000000
total current assets8,282,4985,078,9775,633,7735,706,7624,219,1374,918,2485,124,3834,388,9405,398,0494,835,9413,689,4393,072,4592,994,0062,497,2872,653,186
total assets8,431,4415,267,0305,845,0795,925,8034,497,0455,180,4105,394,4714,557,9625,599,9874,926,6593,787,0263,185,4753,124,1002,654,1452,810,616
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 4,848,6792,005,4101,340,1652,063,0581,177,4831,992,9622,183,1381,389,9991,450,8791,271,505951,1671,265,1191,266,609847,394876,635
Group/Directors Accounts42,536620370,666318,67986,9959,757278,559351,9111,617,8011,239,513703,6900000
other short term finances200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,0000
hp & lease commitments000000000000000
other current liabilities568,613645,054475,000358,858250,175371,694268,566313,748228,154228,572115,5390000
total current liabilities5,659,8282,851,0842,385,8312,940,5951,714,6532,574,4132,930,2632,255,6583,496,8342,939,5901,970,3961,465,1191,466,6091,047,394876,635
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions32,73750,11742,52646,14348,50533,77240,72823,73434,39111,07314,8457,1189,97816,01314,413
total long term liabilities32,73750,11742,52646,14348,50533,77240,72823,73434,39111,07314,8457,1189,97816,01314,413
total liabilities5,692,5652,901,2012,428,3572,986,7381,763,1582,608,1852,970,9912,279,3923,531,2252,950,6631,985,2411,472,2371,476,5871,063,407891,048
net assets2,738,8762,365,8293,416,7222,939,0652,733,8872,572,2252,423,4802,278,5702,068,7621,975,9961,801,7851,713,2381,647,5131,590,7381,919,568
total shareholders funds2,738,8762,365,8293,416,7222,939,0652,733,8872,572,2252,423,4802,278,5702,068,7621,975,9961,801,7851,713,2381,647,5131,590,7381,919,568
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit489,314573,121602,270254,503221,250203,782181,998261,341117,945217,719121,18997,82588,765-323,462-927
Depreciation51,40750,27747,26443,10245,12940,52937,43852,78634,16920,46719,36320,59927,66829,24832,415
Amortisation000000000000000
Tax-114,427-118,609-117,370-48,792-43,332-35,901-31,523-48,917-23,318-41,293-27,235-20,755-19,94800
Stock2,380,957749,36282,990-182,401139,872-45,464215,719335,377131,141121,759336,347136,55336,041335,401616,342
Debtors1,022,556164,876-356,438672,569-1,234,015-273,580520,477-737,575184,322672,910422,709-117,481240,971-202,0321,665,883
Creditors2,843,269665,245-722,893885,575-815,479-190,176793,139-60,880179,374320,338-313,952-1,490419,215-29,241876,635
Accruals and Deferred Income-76,441170,054116,142108,683-121,519103,128-45,18285,594-418113,033115,5390000
Deferred Taxes & Provisions-17,3807,591-3,617-2,36214,733-6,95616,994-10,65723,318-3,7727,727-2,860-6,0351,60014,413
Cash flow from operations-227,771433,441195,244750,541394,925433,450216,668681,46515,607-168,177-836,42574,247232,653-455,224-1,359,689
Investing Activities
capital expenditure-12,297-27,024-39,52915,765-60,875-32,603-138,504-19,870-145,389-13,598-3,934-3,521-904-28,676-189,845
Change in Investments000000000000000
cash flow from investments-12,297-27,024-39,52915,765-60,875-32,603-138,504-19,870-145,389-13,598-3,934-3,521-904-28,676-189,845
Financing Activities
Bank loans000000000000000
Group/Directors Accounts41,916-370,04651,987231,68477,238-268,802-73,352-1,265,890378,288535,823703,6900000
Other Short Term Loans 0000000000000200,0000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000001,919,568
interest-1,840-5,405-7,243-533-16,256-19,136-5,565-2,616-1,861-2,215-5,407-11,345-12,042-5,368-5,094
cash flow from financing40,076-375,45144,744231,15160,982-287,938-78,917-1,268,506376,427533,608698,283-11,345-12,042194,6321,914,474
cash and cash equivalents
cash-199,992-1,469,034200,459997,457395,032112,909-753-606,911246,645351,833-142,07659,381219,707-289,268370,961
overdraft000000000000000
change in cash-199,992-1,469,034200,459997,457395,032112,909-753-606,911246,645351,833-142,07659,381219,707-289,268370,961

f.p.smith motors limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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F.p.smith Motors Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for f.p.smith motors limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in PE3 area or any other competitors across 12 key performance metrics.

f.p.smith motors limited Ownership

F.P.SMITH MOTORS LIMITED group structure

F.P.Smith Motors Limited has no subsidiary companies.

Ultimate parent company

1 parent

F.P.SMITH MOTORS LIMITED

00756697

F.P.SMITH MOTORS LIMITED Shareholders

f p smith (holdings) ltd 100%

f.p.smith motors limited directors

F.P.Smith Motors Limited currently has 3 directors. The longest serving directors include Mr Daniel Fitzjohn (Jun 2004) and Mr Mark Edwards (Apr 2010).

officercountryagestartendrole
Mr Daniel Fitzjohn52 years Jun 2004- Director
Mr Mark EdwardsUnited Kingdom52 years Apr 2010- Director
Mr David Smith59 years May 2017- Director

P&L

March 2024

turnover

37m

+14%

operating profit

489.3k

-15%

gross margin

10.6%

-9.15%

turnover

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

Balance Sheet

March 2024

net assets

2.7m

+0.16%

total assets

8.4m

+0.6%

cash

246.4k

-0.45%

net assets

Total assets minus all liabilities

f.p.smith motors limited company details

company number

00756697

Type

Private limited with Share Capital

industry

45111 - Sale of new cars and light motor vehicles

incorporation date

April 1963

age

62

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

MACINTYRE HUDSON LLP

address

sturrock way bretton way, bretton, peterborough, cambridgeshire, PE3 8YL

Bank

HSBC BANK PLC

Legal Advisor

-

f.p.smith 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 2 charges/mortgages relating to f.p.smith motors limited. Currently there are 0 open charges and 2 have been satisfied in the past.

f.p.smith motors limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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f.p.smith motors limited Companies House Filings - See Documents

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