copart uk limited

4.5

copart uk limited Company Information

Share COPART UK LIMITED
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MatureMegaLow

Company Number

00929621

Registered Address

acrey fields, woburn road, wootton, bedfordshire, MK43 9EJ

Industry

Sale of other motor vehicles

 

Sale of used cars and light motor vehicles

 

Telephone

01234766200

Next Accounts Due

1 days late

Group Structure

View All

Directors

Jane Pocock4 Years

Stephen Powers3 Years

View All

Shareholders

universal salvage ltd 100%

copart uk limited Estimated Valuation

£311.7m

Pomanda estimates the enterprise value of COPART UK LIMITED at £311.7m based on a Turnover of £189.9m and 1.64x industry multiple (adjusted for size and gross margin).

copart uk limited Estimated Valuation

£1.4b

Pomanda estimates the enterprise value of COPART UK LIMITED at £1.4b based on an EBITDA of £62.7m and a 22.68x industry multiple (adjusted for size and gross margin).

copart uk limited Estimated Valuation

£227.4m

Pomanda estimates the enterprise value of COPART UK LIMITED at £227.4m based on Net Assets of £82.3m and 2.76x industry multiple (adjusted for liquidity).

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Copart Uk Limited Overview

Copart Uk Limited is a live company located in wootton, MK43 9EJ with a Companies House number of 00929621. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in March 1968, it's largest shareholder is universal salvage ltd with a 100% stake. Copart Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £189.9m with low growth in recent years.

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Copart Uk Limited Health Check

Pomanda's financial health check has awarded Copart Uk Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £189.9m, make it larger than the average company (£13.2m)

£189.9m - Copart Uk Limited

£13.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.8%)

4% - Copart Uk Limited

4.8% - Industry AVG

production

Production

with a gross margin of 62.5%, this company has a lower cost of product (13%)

62.5% - Copart Uk Limited

13% - Industry AVG

profitability

Profitability

an operating margin of 30.9% make it more profitable than the average company (4.1%)

30.9% - Copart Uk Limited

4.1% - Industry AVG

employees

Employees

with 951 employees, this is above the industry average (28)

951 - Copart Uk Limited

28 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.9k, the company has an equivalent pay structure (£34.8k)

£36.9k - Copart Uk Limited

£34.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £199.7k, this is less efficient (£469k)

£199.7k - Copart Uk Limited

£469k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is later than average (13 days)

20 days - Copart Uk Limited

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 57 days, this is slower than average (26 days)

57 days - Copart Uk Limited

26 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 30 days, this is less than average (66 days)

30 days - Copart Uk Limited

66 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (12 weeks)

3 weeks - Copart Uk Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 62.1%, this is a similar level of debt than the average (65.1%)

62.1% - Copart Uk Limited

65.1% - Industry AVG

copart uk 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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Copart Uk Limited Competitor Analysis

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Perform a competitor analysis for copart uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

copart uk limited Ownership

COPART UK LIMITED group structure

Copart Uk Limited has 4 subsidiary companies.

COPART UK LIMITED Shareholders

universal salvage ltd 100%

copart uk limited directors

Copart Uk Limited currently has 8 directors. The longest serving directors include Miss Jane Pocock (Jun 2019) and Mr Stephen Powers (Jun 2020).

officercountryagestartendrole
Miss Jane PocockWales53 years Jun 2019- Director
Mr Stephen PowersUnited States61 years Jun 2020- Director
Mr Stephen PowersUnited States61 years Jun 2020- Director
Mr Phillip BriggsUnited Kingdom57 years Jun 2022- Director
Mr Phillip BriggsEngland57 years Jun 2022- Director
Mr Paul KirkpatrickEngland52 years Jan 2023- Director
Ms Leah StearnsEngland43 years Jan 2023- Director
Mr Keith DutyEngland55 years Jan 2023- Director

COPART UK LIMITED financials

EXPORTms excel logo

Copart Uk Limited's latest turnover from July 2022 is £189.9 million and the company has net assets of £82.3 million. According to their latest financial statements, Copart Uk Limited has 951 employees and maintains cash reserves of £7.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover189,930,000165,206,000159,383,000169,182,000149,715,000139,126,000125,291,000115,346,000126,094,000113,975,00090,822,00080,312,00076,776,00079,612,000
Other Income Or Grants00000000000000
Cost Of Sales71,146,00055,420,00066,542,00083,817,00072,296,00069,431,00069,061,00062,236,00073,365,00071,157,00054,419,00053,072,00051,536,00058,406,000
Gross Profit118,784,000109,786,00092,841,00085,365,00077,419,00069,695,00056,230,00053,110,00052,729,00042,818,00036,403,00027,240,00025,240,00021,206,000
Admin Expenses60,021,00055,905,00056,244,00050,463,00049,744,00043,126,00034,714,00041,421,00041,371,00038,053,00027,238,00024,264,00021,817,00019,252,000
Operating Profit58,763,00053,881,00036,597,00034,902,00027,675,00026,569,00021,516,00011,689,00011,358,0004,765,0009,165,0002,976,0003,423,0001,954,000
Interest Payable51,00047,00079,00021,0003,0000008,00022,00016,00034,00047,00019,000
Interest Receivable168,00074,000110,00019,00075,00021,00096,00042,000172,000273,000103,00047,00024,00099,000
Pre-Tax Profit58,880,00055,625,00036,628,00034,900,00027,747,00026,590,00021,612,00011,731,00011,522,00020,065,0009,252,0002,989,0003,400,0002,034,000
Tax-11,793,000-9,271,000-5,551,000-5,276,00016,000-4,976,000-4,158,000-4,037,000-3,670,000-2,838,000-2,517,000-1,136,000-1,693,000-425,000
Profit After Tax47,087,00046,354,00031,077,00029,624,00027,763,00021,614,00017,454,0007,694,0007,852,00017,227,0006,735,0001,853,0001,707,0001,609,000
Dividends Paid19,750,00034,664,00014,000,00035,386,00077,500,00033,591,00006,720,0009,712,00000000
Retained Profit27,337,00011,690,00017,077,000-5,762,000-49,737,000-11,977,00017,454,000974,000-1,860,00017,227,0006,735,0001,853,0001,707,0001,609,000
Employee Costs35,092,00031,629,00030,950,00027,672,00027,903,00022,553,00020,014,00017,935,00017,076,00014,012,00011,990,00010,512,00010,309,00010,942,000
Number Of Employees951910920853804765687673636514489378384403
EBITDA*62,710,00057,047,00038,610,00036,921,00029,759,00028,762,00023,748,00017,663,00019,139,0006,748,00010,848,0004,556,0005,164,0003,904,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets29,690,00026,142,00012,890,00010,688,00012,491,00012,239,00011,549,00012,873,00013,737,0009,409,0008,440,0007,158,0009,108,00011,786,000
Intangible Assets000000007,042,00012,924,0001,867,0002,085,0002,362,0002,640,000
Investments & Other124,357,00036,421,00036,421,00032,962,00036,548,00025,054,00025,054,00025,724,00022,085,00021,065,00035,524,00035,524,00017,457,0000
Debtors (Due After 1 year)3,748,00010,246,0001,258,0001,229,0000000000000
Total Fixed Assets157,795,00072,809,00050,569,00044,879,00049,039,00037,293,00036,603,00038,597,00042,864,00043,398,00045,831,00044,767,00028,927,00014,426,000
Stock & work in progress5,899,0004,568,0003,537,0004,745,0004,404,0003,660,0004,192,0001,799,0001,751,0004,006,0003,779,0004,014,0003,458,0003,732,000
Trade Debtors10,920,0009,237,00011,653,00013,372,0009,025,0009,890,0009,655,00010,733,0009,313,0005,625,0005,135,0004,424,0003,815,0003,240,000
Group Debtors24,276,00023,520,00024,290,00020,167,00035,807,00032,712,00027,775,00021,137,00010,359,00015,278,00020,748,00021,382,00015,995,00022,586,000
Misc Debtors10,791,0008,085,0006,056,00010,025,00011,882,00010,881,00014,790,00019,295,00021,708,00028,039,0002,105,0005,009,000430,000525,000
Cash7,531,00052,641,00056,871,00025,450,00027,058,00046,320,00049,979,00024,325,00018,612,00010,083,00029,981,0009,094,00010,862,0006,354,000
misc current assets00000000000000
total current assets59,417,00098,051,000102,407,00073,759,00088,176,000103,463,000106,391,00077,289,00061,743,00063,031,00061,748,00043,923,00034,560,00036,437,000
total assets217,212,000170,860,000152,976,000118,638,000137,215,000140,756,000142,994,000115,886,000104,607,000106,429,000107,579,00088,690,00063,487,00050,863,000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 11,305,00010,098,00011,170,00010,281,00011,501,0008,809,0009,150,0006,508,0007,348,0007,888,0003,958,0005,034,0004,163,0004,637,000
Group/Directors Accounts103,474,00090,346,00080,324,00068,720,00065,983,00042,699,00033,102,00026,462,00011,474,0007,223,00027,762,00014,445,00011,122,0005,634,000
other short term finances00000000000000
hp & lease commitments000000000129,000108,000141,000228,000262,000
other current liabilities12,653,00012,329,00015,743,00011,319,00027,352,0007,145,0006,570,0004,754,0004,774,00016,139,0003,361,0007,297,0003,023,0003,062,000
total current liabilities127,432,000112,773,000107,237,00090,320,000104,836,00058,653,00048,822,00037,724,00023,596,00031,379,00035,189,00026,917,00018,536,00013,595,000
loans1,959,0001,924,0001,889,0001,853,0000001,981,0002,597,0001,930,0001,930,0001,858,0001,858,0001,858,000
hp & lease commitments000000000076,000184,000325,000573,000
Accruals and Deferred Income00000000000000
other liabilities2,500,000000000001,981,000500,0001,000,00000
provisions3,037,0001,216,000593,000285,000437,000424,000516,000601,000526,000345,000348,000392,000532,000308,000
total long term liabilities7,496,0003,140,0002,482,0002,138,000437,000424,000516,0002,582,0003,123,0004,256,0002,854,0003,434,0002,715,0002,739,000
total liabilities134,928,000115,913,000109,719,00092,458,000105,273,00059,077,00049,338,00040,306,00026,719,00035,635,00038,043,00030,351,00021,251,00016,334,000
net assets82,284,00054,947,00043,257,00026,180,00031,942,00081,679,00093,656,00075,580,00077,888,00070,794,00069,536,00058,339,00042,236,00034,529,000
total shareholders funds82,284,00054,947,00043,257,00026,180,00031,942,00081,679,00093,656,00075,580,00077,888,00070,794,00069,536,00058,339,00042,236,00034,529,000
Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit58,763,00053,881,00036,597,00034,902,00027,675,00026,569,00021,516,00011,689,00011,358,0004,765,0009,165,0002,976,0003,423,0001,954,000
Depreciation3,947,0003,166,0002,013,0002,019,0002,084,0002,193,0002,232,0002,214,0001,899,0001,765,0001,465,0001,303,0001,463,0001,627,000
Amortisation00000003,760,0005,882,000218,000218,000277,000278,000323,000
Tax-11,793,000-9,271,000-5,551,000-5,276,00016,000-4,976,000-4,158,000-4,037,000-3,670,000-2,838,000-2,517,000-1,136,000-1,693,000-425,000
Stock1,331,0001,031,000-1,208,000341,000744,000-532,0002,393,00048,000-2,255,000227,000-235,000556,000-274,0003,732,000
Debtors-1,353,0007,831,000-1,536,000-11,921,0003,231,0001,263,0001,055,0009,785,000-7,562,00020,954,000-2,827,00010,575,000-6,111,00026,351,000
Creditors1,207,000-1,072,000889,000-1,220,0002,692,000-341,0002,642,000-840,000-540,0003,930,000-1,076,000871,000-474,0004,637,000
Accruals and Deferred Income324,000-3,414,0004,424,000-16,033,00020,207,000575,0001,816,000-20,000-11,365,00012,778,000-3,936,0004,274,000-39,0003,062,000
Deferred Taxes & Provisions1,821,000623,000308,000-152,00013,000-92,000-85,00075,000181,000-3,000-44,000-140,000224,000308,000
Cash flow from operations54,291,00035,051,00041,424,00025,820,00048,712,00023,197,00020,515,0003,008,00013,562,000-566,0006,337,000-2,706,0009,567,000-18,597,000
Investing Activities
capital expenditure-7,495,000-16,418,000-4,215,000-216,000-2,336,000-2,883,000-908,0001,932,000-6,227,000-14,009,000-2,747,000647,0001,215,000-16,376,000
Change in Investments87,936,00003,459,000-3,586,00011,494,0000-670,0003,639,0001,020,000-14,459,000018,067,00017,457,0000
cash flow from investments-95,431,000-16,418,000-7,674,0003,370,000-13,830,000-2,883,000-238,000-1,707,000-7,247,000450,000-2,747,000-17,420,000-16,242,000-16,376,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts13,128,00010,022,00011,604,0002,737,00023,284,0009,597,0006,640,00014,988,0004,251,000-20,539,00013,317,0003,323,0005,488,0005,634,000
Other Short Term Loans 00000000000000
Long term loans35,00035,00036,0001,853,00000-1,981,000-616,000667,000072,000001,858,000
Hire Purchase and Lease Commitments00000000-129,000-55,000-141,000-228,000-282,000835,000
other long term liabilities2,500,0000000000-1,981,0001,481,000-500,0001,000,00000
share issue000000622,000-3,282,0008,954,000-15,969,0004,462,00014,250,0006,000,00032,920,000
interest117,00027,00031,000-2,00072,00021,00096,00042,000164,000251,00087,00013,000-23,00080,000
cash flow from financing15,780,00010,084,00011,671,0004,588,00023,356,0009,618,0005,377,00011,132,00011,926,000-34,831,00017,297,00018,358,00011,183,00041,327,000
cash and cash equivalents
cash-45,110,000-4,230,00031,421,000-1,608,000-19,262,000-3,659,00025,654,0005,713,0008,529,000-19,898,00020,887,000-1,768,0004,508,0006,354,000
overdraft00000000000000
change in cash-45,110,000-4,230,00031,421,000-1,608,000-19,262,000-3,659,00025,654,0005,713,0008,529,000-19,898,00020,887,000-1,768,0004,508,0006,354,000

P&L

July 2022

turnover

189.9m

+15%

operating profit

58.8m

+9%

gross margin

62.6%

-5.89%

turnover

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

Balance Sheet

July 2022

net assets

82.3m

+0.5%

total assets

217.2m

+0.27%

cash

7.5m

-0.86%

net assets

Total assets minus all liabilities

copart uk limited company details

company number

00929621

Type

Private limited with Share Capital

industry

45190 - Sale of other motor vehicles

45112 - Sale of used cars and light motor vehicles

incorporation date

March 1968

age

56

accounts

Full Accounts

ultimate parent company

COPART INC

previous names

userve limited (July 2009)

universal salvage (uk) limited (July 2000)

incorporated

UK

address

acrey fields, woburn road, wootton, bedfordshire, MK43 9EJ

last accounts submitted

July 2022

copart uk 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 34 charges/mortgages relating to copart uk limited. Currently there are 3 open charges and 31 have been satisfied in the past.

charges

copart uk limited Companies House Filings - See Documents

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