david herd motors limited Company Information
Company Number
00844268
Website
www.davidherdmotors.co.ukRegistered Address
seneca house/links point, amy johnson way, blackpool, lancashire, FY4 2FF
Industry
Maintenance and repair of motor vehicles
Sale of used cars and light motor vehicles
Telephone
01617475086
Next Accounts Due
580 days late
Group Structure
View All
Shareholders
mr sam foster 55%
joanne foster 25%
View Alldavid herd motors limited Estimated Valuation
Pomanda estimates the enterprise value of DAVID HERD MOTORS LIMITED at £212.9k based on a Turnover of £897.9k and 0.24x industry multiple (adjusted for size and gross margin).
david herd motors limited Estimated Valuation
Pomanda estimates the enterprise value of DAVID HERD MOTORS LIMITED at £78.9k based on an EBITDA of £23.3k and a 3.39x industry multiple (adjusted for size and gross margin).
david herd motors limited Estimated Valuation
Pomanda estimates the enterprise value of DAVID HERD MOTORS LIMITED at £2.4m based on Net Assets of £772.1k and 3.05x industry multiple (adjusted for liquidity).
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David Herd Motors Limited Overview
David Herd Motors Limited is a live company located in blackpool, FY4 2FF with a Companies House number of 00844268. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in April 1965, it's largest shareholder is mr sam foster with a 55% stake. David Herd Motors Limited is a mature, small sized company, Pomanda has estimated its turnover at £897.9k with declining growth in recent years.
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David Herd Motors Limited Health Check
Pomanda's financial health check has awarded David Herd Motors Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £897.9k, make it smaller than the average company (£1.7m)
- David Herd Motors Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (1.7%)
- David Herd Motors Limited
1.7% - Industry AVG
Production
with a gross margin of 22.6%, this company has a comparable cost of product (22.6%)
- David Herd Motors Limited
22.6% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (4.6%)
- David Herd Motors Limited
4.6% - Industry AVG
Employees
with 16 employees, this is above the industry average (9)
16 - David Herd Motors Limited
9 - Industry AVG
Pay Structure
on an average salary of £26.8k, the company has an equivalent pay structure (£26.8k)
- David Herd Motors Limited
£26.8k - Industry AVG
Efficiency
resulting in sales per employee of £56.1k, this is less efficient (£218.2k)
- David Herd Motors Limited
£218.2k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (23 days)
- David Herd Motors Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (28 days)
- David Herd Motors Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (41 days)
- David Herd Motors Limited
41 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 255 weeks, this is more cash available to meet short term requirements (19 weeks)
255 weeks - David Herd Motors Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.4%, this is a lower level of debt than the average (75.7%)
16.4% - David Herd Motors Limited
75.7% - Industry AVG
DAVID HERD MOTORS LIMITED financials
David Herd Motors Limited's latest turnover from June 2021 is estimated at £897.9 thousand and the company has net assets of £772.1 thousand. According to their latest financial statements, David Herd Motors Limited has 16 employees and maintains cash reserves of £289.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||
Other Income Or Grants | ||||||||||||
Cost Of Sales | ||||||||||||
Gross Profit | ||||||||||||
Admin Expenses | ||||||||||||
Operating Profit | ||||||||||||
Interest Payable | ||||||||||||
Interest Receivable | ||||||||||||
Pre-Tax Profit | ||||||||||||
Tax | ||||||||||||
Profit After Tax | ||||||||||||
Dividends Paid | ||||||||||||
Retained Profit | ||||||||||||
Employee Costs | ||||||||||||
Number Of Employees | 16 | 16 | 17 | 14 | 14 | 14 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 592,529 | 604,570 | 619,358 | 635,820 | 647,837 | 665,364 | 160,848 | 155,423 | 166,834 | 174,172 | 186,146 | 201,994 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 592,529 | 604,570 | 619,358 | 635,820 | 647,837 | 665,364 | 160,848 | 155,423 | 166,834 | 174,172 | 186,146 | 201,994 |
Stock & work in progress | 21,614 | 21,042 | 20,494 | 26,268 | 25,622 | 37,663 | 33,544 | 51,165 | 41,471 | 42,410 | 46,143 | 59,236 |
Trade Debtors | 9,833 | 57,665 | 65,973 | 129,117 | 77,611 | 85,112 | 72,263 | 48,037 | 68,227 | 110,733 | 63,479 | 92,241 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 9,630 | 5,171 | 4,561 | 4,623 | 3,793 | 3,715 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 289,354 | 269,927 | 302,065 | 237,960 | 318,869 | 329,558 | 257,651 | 234,424 | 237,565 | 160,340 | 168,821 | 132,146 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 330,431 | 353,805 | 393,093 | 397,968 | 425,895 | 456,048 | 363,458 | 333,626 | 347,263 | 313,483 | 278,443 | 283,623 |
total assets | 922,960 | 958,375 | 1,012,451 | 1,033,788 | 1,073,732 | 1,121,412 | 524,306 | 489,049 | 514,097 | 487,655 | 464,589 | 485,617 |
Bank overdraft | 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 |
Trade Creditors | 25,107 | 35,652 | 35,612 | 42,976 | 26,826 | 41,389 | 139,192 | 124,603 | 141,269 | 130,789 | 100,742 | 104,765 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 33,870 | 57,785 | 60,884 | 51,477 | 62,306 | 111,090 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 58,977 | 93,437 | 96,496 | 94,453 | 89,132 | 152,479 | 139,192 | 124,603 | 141,269 | 130,789 | 100,742 | 104,765 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 846 | 4,230 | 7,614 |
provisions | 91,882 | 94,155 | 97,264 | 106,283 | 107,003 | 108,673 | 13,213 | 11,686 | 13,059 | 13,584 | 14,983 | 17,952 |
total long term liabilities | 91,882 | 94,155 | 97,264 | 106,283 | 107,003 | 108,673 | 13,213 | 11,686 | 13,059 | 14,430 | 19,213 | 25,566 |
total liabilities | 150,859 | 187,592 | 193,760 | 200,736 | 196,135 | 261,152 | 152,405 | 136,289 | 154,328 | 145,219 | 119,955 | 130,331 |
net assets | 772,101 | 770,783 | 818,691 | 833,052 | 877,597 | 860,260 | 371,901 | 352,760 | 359,769 | 342,436 | 344,634 | 355,286 |
total shareholders funds | 772,101 | 770,783 | 818,691 | 833,052 | 877,597 | 860,260 | 371,901 | 352,760 | 359,769 | 342,436 | 344,634 | 355,286 |
Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 18,489 | 18,326 | 19,342 | 20,263 | 20,688 | 16,172 | 18,281 | 15,798 | 18,555 | 19,055 | 20,315 | 21,830 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||
Stock | 572 | 548 | -5,774 | 646 | -12,041 | 4,119 | -17,621 | 9,694 | -939 | -3,733 | -13,093 | 59,236 |
Debtors | -43,373 | -7,698 | -63,206 | 52,336 | -7,423 | 16,564 | 24,226 | -20,190 | -42,506 | 47,254 | -28,762 | 92,241 |
Creditors | -10,545 | 40 | -7,364 | 16,150 | -14,563 | -97,803 | 14,589 | -16,666 | 10,480 | 30,047 | -4,023 | 104,765 |
Accruals and Deferred Income | -23,915 | -3,099 | 9,407 | -10,829 | -48,784 | 111,090 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -2,273 | -3,109 | -9,019 | -720 | -1,670 | 95,460 | 1,527 | -1,373 | -525 | -1,399 | -2,969 | 17,952 |
Cash flow from operations | ||||||||||||
Investing Activities | ||||||||||||
capital expenditure | ||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||
Financing Activities | ||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 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 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -846 | -3,384 | -3,384 | 7,614 |
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | 19,427 | -32,138 | 64,105 | -80,909 | -10,689 | 71,907 | 23,227 | -3,141 | 77,225 | -8,481 | 36,675 | 132,146 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 19,427 | -32,138 | 64,105 | -80,909 | -10,689 | 71,907 | 23,227 | -3,141 | 77,225 | -8,481 | 36,675 | 132,146 |
david herd motors limited Credit Report and Business Information
David Herd Motors Limited Competitor Analysis
Perform a competitor analysis for david herd motors 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 FY4 area or any other competitors across 12 key performance metrics.
david herd motors limited Ownership
DAVID HERD MOTORS LIMITED group structure
David Herd Motors Limited has no subsidiary companies.
Ultimate parent company
DAVID HERD MOTORS LIMITED
00844268
david herd motors limited directors
David Herd Motors Limited currently has 2 directors. The longest serving directors include Mr David Butterworth (Jan 2000) and Sam Foster (Jan 2000).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Butterworth | 61 years | Jan 2000 | - | Director | |
Sam Foster | 64 years | Jan 2000 | - | Director |
P&L
June 2021turnover
897.9k
-20%
operating profit
4.8k
0%
gross margin
22.6%
-8.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2021net assets
772.1k
0%
total assets
923k
-0.04%
cash
289.4k
+0.07%
net assets
Total assets minus all liabilities
david herd motors limited company details
company number
00844268
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
45112 - Sale of used cars and light motor vehicles
incorporation date
April 1965
age
59
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2021
previous names
N/A
accountant
-
auditor
-
address
seneca house/links point, amy johnson way, blackpool, lancashire, FY4 2FF
Bank
-
Legal Advisor
-
david herd 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 3 charges/mortgages relating to david herd motors limited. Currently there are 0 open charges and 3 have been satisfied in the past.
david herd motors limited Companies House Filings - See Documents
date | description | view/download |
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