armstrong-massey limited
armstrong-massey limited Company Information
Company Number
00765540
Registered Address
28a north bar within, beverley, north humberside, HU17 8DL
Industry
Sale of new cars and light motor vehicles
Retail trade of motor vehicle parts and accessories
Telephone
01482866266
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
armstrong massey (driffield) ltd 100%
armstrong-massey limited Estimated Valuation
Pomanda estimates the enterprise value of ARMSTRONG-MASSEY LIMITED at £1.2m based on a Turnover of £4.3m and 0.27x industry multiple (adjusted for size and gross margin).
armstrong-massey limited Estimated Valuation
Pomanda estimates the enterprise value of ARMSTRONG-MASSEY LIMITED at £1.5m based on an EBITDA of £367.8k and a 3.95x industry multiple (adjusted for size and gross margin).
armstrong-massey limited Estimated Valuation
Pomanda estimates the enterprise value of ARMSTRONG-MASSEY LIMITED at £3m based on Net Assets of £991.9k and 2.98x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Armstrong-massey Limited Overview
Armstrong-massey Limited is a live company located in north humberside, HU17 8DL with a Companies House number of 00765540. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in June 1963, it's largest shareholder is armstrong massey (driffield) ltd with a 100% stake. Armstrong-massey Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.3m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Armstrong-massey Limited Health Check
Pomanda's financial health check has awarded Armstrong-Massey Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £4.3m, make it smaller than the average company (£13.9m)
- Armstrong-massey Limited
£13.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.9%)
- Armstrong-massey Limited
6.9% - Industry AVG
Production
with a gross margin of 21.9%, this company has a comparable cost of product (21.9%)
- Armstrong-massey Limited
21.9% - Industry AVG
Profitability
an operating margin of 7.3% make it more profitable than the average company (3.7%)
- Armstrong-massey Limited
3.7% - Industry AVG
Employees
with 28 employees, this is similar to the industry average (27)
28 - Armstrong-massey Limited
27 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)
- Armstrong-massey Limited
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £155.3k, this is less efficient (£314.1k)
- Armstrong-massey Limited
£314.1k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (23 days)
- Armstrong-massey Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (33 days)
- Armstrong-massey Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 66 days, this is more than average (52 days)
- Armstrong-massey Limited
52 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (11 weeks)
49 weeks - Armstrong-massey Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.7%, this is a lower level of debt than the average (67.3%)
53.7% - Armstrong-massey Limited
67.3% - Industry AVG
ARMSTRONG-MASSEY LIMITED financials
Armstrong-Massey Limited's latest turnover from September 2023 is estimated at £4.3 million and the company has net assets of £991.9 thousand. According to their latest financial statements, Armstrong-Massey Limited has 28 employees and maintains cash reserves of £1.1 million 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 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,730 | 55,283,000 | 44,029,000 | 39,378,000 | 31,491,000 | 29,193,000 | 26,751,000 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 8,082 | 51,531,000 | 40,775,000 | 36,508,000 | 29,123,000 | 26,470,000 | 23,841,000 | |||||||
| Gross Profit | 648 | 3,752,000 | 3,254,000 | 2,870,000 | 2,368,000 | 2,723,000 | 2,910,000 | |||||||
| Admin Expenses | 720 | 3,389,000 | 2,561,000 | 2,317,000 | 2,135,000 | 2,452,000 | 2,748,000 | |||||||
| Operating Profit | -72 | 363,000 | 693,000 | 553,000 | 233,000 | 271,000 | 162,000 | |||||||
| Interest Payable | 0 | 0 | 4,000 | 4,000 | 6,000 | 0 | 4,000 | |||||||
| Interest Receivable | 0 | 1,000 | 0 | 0 | 0 | 0 | 0 | |||||||
| Pre-Tax Profit | -72 | 364,000 | 689,000 | 549,000 | 227,000 | 271,000 | 158,000 | |||||||
| Tax | 5 | -82,000 | -148,000 | -135,000 | -50,000 | -68,000 | -29,000 | |||||||
| Profit After Tax | -67 | 282,000 | 541,000 | 414,000 | 177,000 | 203,000 | 129,000 | |||||||
| Dividends Paid | 0 | 4,024,000 | 0 | 0 | 0 | 0 | 0 | |||||||
| Retained Profit | -67 | -3,742,000 | 541,000 | 414,000 | 177,000 | 203,000 | 129,000 | |||||||
| Employee Costs | 723 | 2,665,000 | 2,168,000 | 2,148,000 | 1,915,000 | 1,885,000 | 1,769,000 | |||||||
| Number Of Employees | 28 | 27 | 26 | 27 | 29 | 27 | 27 | 28 | 64 | 69 | 70 | 64 | 60 | 59 |
| EBITDA* | -59 | 398,000 | 723,000 | 580,000 | 264,000 | 309,000 | 200,000 |
* 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 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 267,721 | 142,155 | 155,139 | 213,011 | 181,292 | 45,218 | 45,104 | 48,376 | 38,000 | 96,000 | 79,000 | 70,000 | 68,000 | 94,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 9,000 | 10,000 | 10,000 | 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 | 2,586 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 267,721 | 142,155 | 155,139 | 213,011 | 183,878 | 54,218 | 55,104 | 58,376 | 38,000 | 96,000 | 79,000 | 70,000 | 68,000 | 94,000 |
| Stock & work in progress | 617,919 | 555,250 | 646,881 | 527,112 | 560,205 | 540,556 | 583,972 | 678,638 | 838,000 | 5,140,000 | 4,270,000 | 3,520,000 | 3,026,000 | 2,550,000 |
| Trade Debtors | 110,405 | 63,863 | 85,681 | 75,224 | 70,254 | 87,761 | 48,431 | 26,277 | 74,000 | 185,000 | 306,000 | 365,000 | 345,000 | 334,000 |
| Group Debtors | 72,414 | 72,401 | 67,285 | 67,285 | 67,285 | 40,785 | 3,050 | 0 | 0 | 1,743,000 | 1,758,000 | 1,696,000 | 1,652,000 | 1,766,000 |
| Misc Debtors | 17,331 | 24,023 | 11,057 | 17,507 | 10,334 | 27,428 | 28,889 | 30,319 | 44,000 | 267,000 | 198,000 | 144,000 | 79,000 | 87,000 |
| Cash | 1,057,569 | 910,187 | 459,033 | 362,581 | 284,079 | 384,509 | 416,014 | 240,055 | 127,000 | 1,046,000 | 566,000 | 574,000 | 125,000 | 272,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,875,638 | 1,625,724 | 1,269,937 | 1,049,709 | 992,157 | 1,081,039 | 1,080,356 | 975,289 | 1,083,000 | 8,381,000 | 7,098,000 | 6,299,000 | 5,227,000 | 5,009,000 |
| total assets | 2,143,359 | 1,767,879 | 1,425,076 | 1,262,720 | 1,176,035 | 1,135,257 | 1,135,460 | 1,033,665 | 1,121,000 | 8,477,000 | 7,177,000 | 6,369,000 | 5,295,000 | 5,103,000 |
| 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 | 222,534 | 277,198 | 225,565 | 128,822 | 148,913 | 169,446 | 133,076 | 83,797 | 30,000 | 648,000 | 455,000 | 214,000 | 200,000 | 129,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 100,000 | 200,000 | 210,000 | 54,000 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,676,000 | 2,196,000 | 2,373,000 | 1,446,000 | 1,376,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 896,833 | 767,681 | 630,669 | 672,494 | 596,535 | 420,597 | 346,421 | 262,542 | 486,000 | 854,000 | 772,000 | 447,000 | 494,000 | 551,000 |
| total current liabilities | 1,119,367 | 1,044,879 | 856,234 | 801,316 | 745,448 | 690,043 | 679,497 | 556,339 | 570,000 | 4,178,000 | 3,423,000 | 3,034,000 | 2,140,000 | 2,056,000 |
| 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 | 32,092 | 6,249 | 9,645 | 76 | 0 | 0 | 0 | 0 | 6,000 | 12,000 | 8,000 | 3,000 | 0 | 95,000 |
| total long term liabilities | 32,092 | 6,249 | 9,645 | 76 | 0 | 0 | 0 | 0 | 6,000 | 12,000 | 8,000 | 3,000 | 0 | 95,000 |
| total liabilities | 1,151,459 | 1,051,128 | 865,879 | 801,392 | 745,448 | 690,043 | 679,497 | 556,339 | 576,000 | 4,190,000 | 3,431,000 | 3,037,000 | 2,140,000 | 2,151,000 |
| net assets | 991,900 | 716,751 | 559,197 | 461,328 | 430,587 | 445,214 | 455,963 | 477,326 | 545,000 | 4,287,000 | 3,746,000 | 3,332,000 | 3,155,000 | 2,952,000 |
| total shareholders funds | 991,900 | 716,751 | 559,197 | 461,328 | 430,587 | 445,214 | 455,963 | 477,326 | 545,000 | 4,287,000 | 3,746,000 | 3,332,000 | 3,155,000 | 2,952,000 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -72 | 363,000 | 693,000 | 553,000 | 233,000 | 271,000 | 162,000 | |||||||
| Depreciation | 50,095 | 46,038 | 54,631 | 61,989 | 19,111 | 15,883 | 15,414 | 13 | 35,000 | 30,000 | 27,000 | 31,000 | 38,000 | 38,000 |
| Amortisation | 0 | 0 | 0 | 0 | 10,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 5 | -82,000 | -148,000 | -135,000 | -50,000 | -68,000 | -29,000 | |||||||
| Stock | 62,669 | -91,631 | 119,769 | -33,093 | 19,649 | -43,416 | -94,666 | -159,362 | -4,302,000 | 870,000 | 750,000 | 494,000 | 476,000 | 2,550,000 |
| Debtors | 39,863 | -3,736 | 4,007 | 9,557 | -5,515 | 75,604 | 23,774 | -61,404 | -2,077,000 | -67,000 | 57,000 | 129,000 | -111,000 | 2,187,000 |
| Creditors | -54,664 | 51,633 | 96,743 | -20,091 | -20,533 | 36,370 | 49,279 | 53,797 | -618,000 | 193,000 | 241,000 | 14,000 | 71,000 | 129,000 |
| Accruals and Deferred Income | 129,152 | 137,012 | -41,825 | 75,959 | 175,938 | 74,176 | 83,879 | -223,458 | -368,000 | 82,000 | 325,000 | -47,000 | -57,000 | 551,000 |
| Deferred Taxes & Provisions | 25,843 | -3,396 | 9,569 | 76 | 0 | 0 | 0 | -6,000 | -6,000 | 4,000 | 5,000 | 3,000 | -95,000 | 95,000 |
| Cash flow from operations | 45,051 | 5,703,000 | 51,000 | 209,000 | -439,000 | -205,000 | -3,791,000 | |||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -23 | -51,000 | -48,000 | -36,000 | -33,000 | -12,000 | -36,000 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -23 | -51,000 | -48,000 | -36,000 | -33,000 | -12,000 | -36,000 | |||||||
| 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 | -100,000 | -100,000 | -10,000 | 156,000 | 54,000 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,676,000 | 480,000 | -177,000 | 927,000 | 70,000 | 1,376,000 |
| 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 | 0 | 1,000 | -4,000 | -4,000 | -6,000 | 0 | -4,000 | |||||||
| cash flow from financing | 88,393 | -2,621,000 | 476,000 | -181,000 | 921,000 | 70,000 | 4,195,000 | |||||||
| cash and cash equivalents | ||||||||||||||
| cash | 147,382 | 451,154 | 96,452 | 78,502 | -100,430 | -31,505 | 175,959 | 113,055 | -919,000 | 480,000 | -8,000 | 449,000 | -147,000 | 272,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 147,382 | 451,154 | 96,452 | 78,502 | -100,430 | -31,505 | 175,959 | 113,055 | -919,000 | 480,000 | -8,000 | 449,000 | -147,000 | 272,000 |
armstrong-massey limited Credit Report and Business Information
Armstrong-massey Limited Competitor Analysis
Perform a competitor analysis for armstrong-massey limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HU17 area or any other competitors across 12 key performance metrics.
armstrong-massey limited Ownership
ARMSTRONG-MASSEY LIMITED group structure
Armstrong-Massey Limited has no subsidiary companies.
Ultimate parent company
1 parent
ARMSTRONG-MASSEY LIMITED
00765540
armstrong-massey limited directors
Armstrong-Massey Limited currently has 2 directors. The longest serving directors include Mrs Diane Turner (Jun 1994) and Mr Christopher Turner (Oct 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Diane Turner | United Kingdom | 76 years | Jun 1994 | - | Director |
| Mr Christopher Turner | England | 41 years | Oct 2008 | - | Director |
P&L
September 2023turnover
4.3m
+7%
operating profit
317.7k
0%
gross margin
22%
+0.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
991.9k
+0.38%
total assets
2.1m
+0.21%
cash
1.1m
+0.16%
net assets
Total assets minus all liabilities
armstrong-massey limited company details
company number
00765540
Type
Private limited with Share Capital
industry
45111 - Sale of new cars and light motor vehicles
45320 - Retail trade of motor vehicle parts and accessories
45200 - Maintenance and repair of motor vehicles
incorporation date
June 1963
age
61
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
robert b.massey(beverley)limited (December 1978)
accountant
TC GROUP
auditor
-
address
28a north bar within, beverley, north humberside, HU17 8DL
Bank
NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
armstrong-massey 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 16 charges/mortgages relating to armstrong-massey limited. Currently there are 1 open charges and 15 have been satisfied in the past.
armstrong-massey limited Companies House Filings - See Documents
| date | description | view/download |
|---|
