main street investments limited

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main street investments limited Company Information

Share MAIN STREET INVESTMENTS LIMITED

Company Number

00769438

Directors

John Butt

Warren Butt

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Shareholders

mr john butt

jennifer mary butt

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Group Structure

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Industry

Sale of used cars and light motor vehicles

 +1

Registered Address

main street investments ltd, 77 high street, lyndhurst, hampshire, SO43 7PB

main street investments limited Estimated Valuation

£148.4m

Pomanda estimates the enterprise value of MAIN STREET INVESTMENTS LIMITED at £148.4m based on a Turnover of £66.3m and 2.24x industry multiple (adjusted for size and gross margin).

main street investments limited Estimated Valuation

£17m

Pomanda estimates the enterprise value of MAIN STREET INVESTMENTS LIMITED at £17m based on an EBITDA of £2.5m and a 6.8x industry multiple (adjusted for size and gross margin).

main street investments limited Estimated Valuation

£42.5m

Pomanda estimates the enterprise value of MAIN STREET INVESTMENTS LIMITED at £42.5m based on Net Assets of £19.2m and 2.21x industry multiple (adjusted for liquidity).

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Main Street Investments Limited Overview

Main Street Investments Limited is a live company located in lyndhurst, SO43 7PB with a Companies House number of 00769438. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in July 1963, it's largest shareholder is mr john butt with a 47.7% stake. Main Street Investments Limited is a mature, large sized company, Pomanda has estimated its turnover at £66.3m with healthy growth in recent years.

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Main Street Investments Limited Health Check

Pomanda's financial health check has awarded Main Street Investments Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £66.3m, make it larger than the average company (£2.6m)

£66.3m - Main Street Investments Limited

£2.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.5%)

9% - Main Street Investments Limited

6.5% - Industry AVG

production

Production

with a gross margin of 8.9%, this company has a higher cost of product (40.5%)

8.9% - Main Street Investments Limited

40.5% - Industry AVG

profitability

Profitability

an operating margin of 3.1% make it less profitable than the average company (13.3%)

3.1% - Main Street Investments Limited

13.3% - Industry AVG

employees

Employees

with 63 employees, this is above the industry average (8)

63 - Main Street Investments Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.3k, the company has an equivalent pay structure (£36.3k)

£39.3k - Main Street Investments Limited

£36.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.1m, this is more efficient (£337.4k)

£1.1m - Main Street Investments Limited

£337.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (16 days)

2 days - Main Street Investments Limited

16 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 54 days, this is slower than average (24 days)

54 days - Main Street Investments Limited

24 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 117 days, this is less than average (227 days)

117 days - Main Street Investments Limited

227 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (8 weeks)

5 weeks - Main Street Investments Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40.2%, this is a lower level of debt than the average (65.1%)

40.2% - Main Street Investments Limited

65.1% - Industry AVG

MAIN STREET INVESTMENTS LIMITED financials

EXPORTms excel logo

Main Street Investments Limited's latest turnover from December 2023 is £66.3 million and the company has net assets of £19.2 million. According to their latest financial statements, Main Street Investments Limited has 63 employees and maintains cash reserves of £1.3 million 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
Turnover66,279,23968,643,43661,508,71950,498,98141,845,49745,919,67738,393,85336,481,71139,216,26031,149,51628,341,69624,484,17729,503,67124,193,57523,588,031
Other Income Or Grants000000000000000
Cost Of Sales60,402,16862,147,30555,498,79046,332,78538,259,51941,787,04834,676,35932,630,79235,174,72027,692,15025,396,13621,888,94226,616,21221,840,27321,576,292
Gross Profit5,877,0716,496,1316,009,9294,166,1963,585,9784,132,6293,717,4943,850,9194,041,5403,457,3662,945,5602,595,2352,887,4592,353,3022,011,739
Admin Expenses3,806,4844,002,8043,316,4562,512,1442,689,3072,796,4852,391,5872,278,8132,227,1162,272,1572,145,0292,095,8671,860,0101,719,8591,700,343
Operating Profit2,070,5872,493,3272,693,4731,654,052896,6711,336,1441,325,9071,572,1061,814,4241,185,209800,531499,3681,027,449633,443311,396
Interest Payable230,72084,37662,68195,400108,18580,75050,75671,71573,16859,41345,67274,63067,60451,79854,678
Interest Receivable18,4828,8511,15228774442900000000
Pre-Tax Profit2,876,2432,509,5192,631,9441,668,939788,5601,255,8361,275,1601,500,3911,741,2561,125,796754,859424,738959,845581,645256,718
Tax-725,845-601,717-517,579-360,144-174,790-255,840-263,506-318,589-332,439-332,113-192,988-108,268-256,138-164,670-66,737
Profit After Tax2,150,3981,907,8022,114,3651,308,795613,770999,9961,011,6541,181,8021,408,817793,683561,871316,470703,707416,975189,981
Dividends Paid115,912216,052113,611113,611113,611113,611113,611102,25050,50050,50050,00050,000094,6429,000
Retained Profit2,034,4861,691,7502,000,7541,195,184500,159886,385898,0431,079,5521,358,317743,183511,871266,470703,707322,333180,981
Employee Costs2,478,6372,443,5412,110,4081,851,4551,821,3961,720,2541,533,6861,425,5771,481,7841,263,4871,288,4451,165,1631,075,0371,011,2111,007,941
Number Of Employees636262565756514847494446454139
EBITDA*2,503,2842,837,1502,942,4341,841,4031,102,1111,528,6581,469,3741,624,4921,984,6871,337,466941,528667,9331,152,305725,514409,071

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets7,223,9056,019,7706,076,5266,071,1355,712,1675,816,8274,753,9403,151,5942,721,5142,527,1672,509,7032,602,1622,456,6962,393,0834,575,719
Intangible Assets000000000000000
Investments & Other1,648,0001,358,0001,358,0001,358,0001,649,5651,649,5651,503,0001,515,0001,428,3041,249,8991,143,6071,143,6071,143,6071,143,6070
Debtors (Due After 1 year)000000000000000
Total Fixed Assets8,871,9057,377,7707,434,5267,429,1357,361,7327,466,3926,256,9404,666,5944,149,8183,777,0663,653,3103,745,7693,600,3033,536,6904,575,719
Stock & work in progress19,481,61619,095,28215,620,55212,610,59712,817,38912,005,5479,658,3758,799,5438,359,2566,519,3935,395,0145,330,0315,677,5965,747,8472,850,206
Trade Debtors436,310627,9551,415,032504,897928,015327,259293,057270,1191,440,433795,507601,0551,109,2121,242,341778,907359,396
Group Debtors288,215315,202382,273381,949367,036254,301277,909310,173402,458292,966415,346377,352361,826385,729353,133
Misc Debtors1,843,0162,747,2472,158,774918,4461,406,275965,0761,221,798695,952443,952248,630329,256265,982298,448397,033301,196
Cash1,285,0732,300,8931,086,4711,454,208642,4801,452,744146,0151,201,7304,1531,021,257263,659300,475110,791342,573259,547
misc current assets000000000000000
total current assets23,334,23025,086,57920,663,10215,870,09716,161,19515,004,92711,597,15411,277,51710,650,2528,877,7537,004,3307,383,0527,691,0027,652,0894,123,478
total assets32,206,13532,464,34928,097,62823,299,23223,522,92722,471,31917,854,09415,944,11114,800,07012,654,81910,657,64011,128,82111,291,30511,188,7798,699,197
Bank overdraft000009,95520,082323,10753,8110085,08842,675105,47124,620
Bank loan31,43936,74746,06642,175148,061137,17596,087120,741258,379155,90885,088035,084034,981
Trade Creditors 8,999,56010,945,3468,045,0055,410,4667,213,3366,336,3594,809,3883,445,1383,731,0833,801,0443,018,8002,168,0923,412,9523,931,1272,217,700
Group/Directors Accounts90,30791,125400,38015,7380000164,03426,219119,50349,50129,54552,08125,771
other short term finances993,774971,449839,5501,175,3982,317,9872,219,0001,152,3941,202,9901,084,6321,006,760406,0302,267,6181,275,0651,582,688259,027
hp & lease commitments00005,45215,30515,30515,30515,305000005,004
other current liabilities1,589,3042,140,9032,274,0552,108,661522,926822,942695,908583,829729,386589,618547,265508,975841,569521,441366,433
total current liabilities11,704,38414,185,57011,605,0568,752,43810,207,7629,540,7366,789,1645,691,1106,036,6305,579,5494,176,6865,079,2745,636,8906,192,8082,933,536
loans416,058552,016584,864634,158678,557815,010202,185299,096387,502123,823277,659365,167229,424264,508300,535
hp & lease commitments000005,45220,75736,06251,367000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions836,531512,087384,782390,464309,620283,292192,984166,88233,56218,75513,7866,74213,82324,00224,998
total long term liabilities1,252,5891,064,103969,6461,024,622988,1771,103,754415,926502,040472,431142,578291,445371,909243,247288,510325,533
total liabilities12,956,97315,249,67312,574,7029,777,06011,195,93910,644,4907,205,0906,193,1506,509,0615,722,1274,468,1315,451,1835,880,1376,481,3183,259,069
net assets19,249,16217,214,67615,522,92613,522,17212,326,98811,826,82910,649,0049,750,9618,291,0096,932,6926,189,5095,677,6385,411,1684,707,4615,440,128
total shareholders funds19,249,16217,214,67615,522,92613,522,17212,326,98811,826,82910,649,0049,750,9618,291,0096,932,6926,189,5095,677,6385,411,1684,707,4615,440,128
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit2,070,5872,493,3272,693,4731,654,052896,6711,336,1441,325,9071,572,1061,814,4241,185,209800,531499,3681,027,449633,443311,396
Depreciation432,697343,823248,961187,351205,440192,514143,46752,386170,263152,257140,997168,565124,85692,07197,675
Amortisation000000000000000
Tax-725,845-601,717-517,579-360,144-174,790-255,840-263,506-318,589-332,439-332,113-192,988-108,268-256,138-164,670-66,737
Stock386,3343,474,7303,009,955-206,792811,8422,347,172858,832440,2871,839,8631,124,37964,983-347,565-70,2512,897,6412,850,206
Debtors-1,122,863-265,6752,150,787-896,0341,154,690-246,128516,520-1,010,599949,740-8,554-406,889-150,069340,946547,9441,013,725
Creditors-1,945,7862,900,3412,634,539-1,802,870876,9771,526,9711,364,250-285,945-69,961782,244850,708-1,244,860-518,1751,713,4272,217,700
Accruals and Deferred Income-551,599-133,152165,3941,585,735-300,016127,034112,079-145,557139,76842,35338,290-332,594320,128155,008366,433
Deferred Taxes & Provisions324,444127,305-5,68280,84426,32890,30826,102133,32014,8074,9697,044-7,081-10,179-99624,998
Cash flow from operations341,0271,920,87258,3642,447,794-435,922916,0871,332,9471,578,033-1,052,741719,0941,986,488-527,236417,246-1,017,302-912,466
Investing Activities
capital expenditure00000-1,207,843-1,548,846-65,376-543,015-276,013-48,538-314,031-188,469-87,935-140,335
Change in Investments290,00000-291,5650146,565-12,00086,696178,405106,2920001,143,6070
cash flow from investments-290,00000291,5650-1,354,408-1,536,846-152,072-721,420-382,305-48,538-314,031-188,469-1,231,542-140,335
Financing Activities
Bank loans-5,308-9,3193,891-105,88610,88641,088-24,654-137,638102,47170,82085,088-35,08435,084-34,98134,981
Group/Directors Accounts-818-309,255384,64215,738000-164,034137,815-93,28470,00219,956-22,53626,31025,771
Other Short Term Loans 22,325131,899-335,848-1,142,58998,9871,066,606-50,596118,35877,872600,730-1,861,588992,553-307,6231,323,661259,027
Long term loans-135,958-32,848-49,294-44,399-136,453612,825-96,911-88,406263,679-153,836-87,508135,743-35,084-36,027300,535
Hire Purchase and Lease Commitments000-5,452-15,305-15,305-15,305-15,30566,6720000-5,0045,004
other long term liabilities000000000000000
share issue00000291,4400380,40000000-1,055,0005,259,147
interest-212,238-75,525-61,529-95,113-108,111-80,308-50,747-71,715-73,168-59,413-45,672-74,630-67,604-51,798-54,678
cash flow from financing-331,997-295,048-58,138-1,377,701-149,9961,916,346-238,21321,660575,341365,017-1,839,6781,038,538-397,763167,1615,829,787
cash and cash equivalents
cash-1,015,8201,214,422-367,737811,728-810,2641,306,729-1,055,7151,197,577-1,017,104757,598-36,816189,684-231,78283,026259,547
overdraft0000-9,955-10,127-303,025269,29653,8110-85,08842,413-62,79680,85124,620
change in cash-1,015,8201,214,422-367,737811,728-800,3091,316,856-752,690928,281-1,070,915757,59848,272147,271-168,9862,175234,927

main street investments 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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Main Street Investments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for main street investments 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 SO43 area or any other competitors across 12 key performance metrics.

main street investments limited Ownership

MAIN STREET INVESTMENTS LIMITED group structure

Main Street Investments Limited has 1 subsidiary company.

Ultimate parent company

MAIN STREET INVESTMENTS LIMITED

00769438

1 subsidiary

MAIN STREET INVESTMENTS LIMITED Shareholders

mr john butt 47.68%
jennifer mary butt 47.67%
warren butt 4%
glenn butt 0.51%
mrs joy randall 0.13%

main street investments limited directors

Main Street Investments Limited currently has 3 directors. The longest serving directors include Mr John Butt (Dec 1991) and Mr Warren Butt (Apr 2020).

officercountryagestartendrole
Mr John ButtEngland80 years Dec 1991- Director
Mr Warren ButtEngland58 years Apr 2020- Director
Mr Glenn ButtEngland54 years Apr 2020- Director

P&L

December 2023

turnover

66.3m

-3%

operating profit

2.1m

-17%

gross margin

8.9%

-6.3%

turnover

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

Balance Sheet

December 2023

net assets

19.2m

+0.12%

total assets

32.2m

-0.01%

cash

1.3m

-0.44%

net assets

Total assets minus all liabilities

main street investments limited company details

company number

00769438

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

68100 - Buying and selling of own real estate

incorporation date

July 1963

age

62

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

john butt automobiles limited (July 1985)

nash (southampton) limited, (December 1981)

accountant

-

auditor

SAFFERY LLP

address

main street investments ltd, 77 high street, lyndhurst, hampshire, SO43 7PB

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

main street investments 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 main street investments limited. Currently there are 6 open charges and 10 have been satisfied in the past.

main street investments 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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main street investments limited Companies House Filings - See Documents

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