ald automotive limited

ald automotive limited Company Information

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Company Number

00987418

Industry

Renting and leasing of cars and light motor vehicles

 

Shareholders

ald automotive group limited

Group Structure

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Contact

Registered Address

oakwood drive emersons green, bristol, BS16 7LB

ald automotive limited Estimated Valuation

£1.4b

Pomanda estimates the enterprise value of ALD AUTOMOTIVE LIMITED at £1.4b based on a Turnover of £1b and 1.39x industry multiple (adjusted for size and gross margin).

ald automotive limited Estimated Valuation

£2.5b

Pomanda estimates the enterprise value of ALD AUTOMOTIVE LIMITED at £2.5b based on an EBITDA of £534.7m and a 4.74x industry multiple (adjusted for size and gross margin).

ald automotive limited Estimated Valuation

£297.9m

Pomanda estimates the enterprise value of ALD AUTOMOTIVE LIMITED at £297.9m based on Net Assets of £120.8m and 2.47x industry multiple (adjusted for liquidity).

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Ald Automotive Limited Overview

Ald Automotive Limited is a live company located in bristol, BS16 7LB with a Companies House number of 00987418. It operates in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in August 1970, it's largest shareholder is ald automotive group limited with a 100% stake. Ald Automotive Limited is a mature, mega sized company, Pomanda has estimated its turnover at £1b with healthy growth in recent years.

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Ald Automotive Limited Health Check

Pomanda's financial health check has awarded Ald Automotive Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £1b, make it larger than the average company (£16.4m)

£1b - Ald Automotive Limited

£16.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.3%)

8% - Ald Automotive Limited

8.3% - Industry AVG

production

Production

with a gross margin of 19.3%, this company has a higher cost of product (31.6%)

19.3% - Ald Automotive Limited

31.6% - Industry AVG

profitability

Profitability

an operating margin of 12.8% make it as profitable than the average company (11.7%)

12.8% - Ald Automotive Limited

11.7% - Industry AVG

employees

Employees

with 738 employees, this is above the industry average (44)

738 - Ald Automotive Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.6k, the company has an equivalent pay structure (£42.1k)

£47.6k - Ald Automotive Limited

£42.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.4m, this is more efficient (£311.1k)

£1.4m - Ald Automotive Limited

£311.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is near the average (33 days)

30 days - Ald Automotive Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is slower than average (23 days)

27 days - Ald Automotive Limited

23 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 25 days, this is more than average (11 days)

25 days - Ald Automotive Limited

11 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (3 weeks)

0 weeks - Ald Automotive Limited

3 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.9%, this is a higher level of debt than the average (79.3%)

95.9% - Ald Automotive Limited

79.3% - Industry AVG

ALD AUTOMOTIVE LIMITED financials

EXPORTms excel logo

Ald Automotive Limited's latest turnover from December 2023 is £1 billion and the company has net assets of £120.8 million. According to their latest financial statements, Ald Automotive Limited has 738 employees and maintains cash reserves of £657 thousand 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
Turnover1,006,535,000956,251,000919,097,000794,391,000797,678,000814,567,000767,722,000689,974,000626,800,000581,226,000485,498,000411,231,000219,176,000178,287,000152,903,000
Other Income Or Grants-6,606,000-2,573,0000000000000000
Cost Of Sales805,811,000686,279,000700,294,000666,532,000673,180,000694,142,000657,162,000588,176,000522,575,000489,983,000399,550,000347,622,000167,883,000133,177,000115,980,000
Gross Profit194,118,000267,399,000218,803,000127,859,000124,498,000120,425,000110,560,000101,798,000104,225,00091,243,00085,948,00063,609,00051,293,00045,110,00036,923,000
Admin Expenses65,791,00063,233,00050,781,00051,543,00047,053,00043,277,00038,280,00034,664,00030,052,00028,477,00025,715,00022,111,00019,806,00017,487,00014,186,000
Operating Profit128,327,000204,166,000168,022,00076,316,00077,445,00077,148,00072,280,00067,134,00074,173,00062,766,00060,233,00041,498,00031,487,00027,623,00022,737,000
Interest Payable114,227,00068,994,00035,764,00037,318,00037,213,00022,748,00033,173,00034,056,00034,363,00032,157,00032,959,00020,012,00016,039,00014,370,00017,109,000
Interest Receivable42,918,00035,995,0008,347,0008,829,0006,482,0002,722,00014,167,00013,431,00013,223,00014,765,0009,686,0001,500,0001,461,0001,219,000878,000
Pre-Tax Profit57,018,000171,167,000140,605,00047,827,00046,714,00057,623,00050,872,00048,232,00053,033,00045,374,00036,960,00022,986,00016,909,00014,472,0006,506,000
Tax-14,788,000-39,734,000-23,796,000-7,478,000-9,510,000-10,925,000-10,019,000-9,757,000-10,843,000-10,166,000-6,914,000-4,412,000-3,765,000-4,363,000-2,067,000
Profit After Tax42,230,000131,433,000116,809,00040,349,00037,204,00046,698,00040,853,00038,475,00042,190,00035,208,00030,046,00018,574,00013,144,00010,109,0004,439,000
Dividends Paid131,433,000116,809,00040,349,00037,204,00046,698,00040,853,00038,475,00042,190,00038,000,000008,500,000000
Retained Profit-89,203,00014,624,00076,460,0003,145,000-9,494,0005,845,0002,378,000-3,715,0004,190,00035,208,00030,046,00010,074,00013,144,00010,109,0004,439,000
Employee Costs35,144,00033,577,00028,198,00028,126,00025,880,00023,361,00021,679,00019,345,00017,320,00015,944,00014,067,00011,722,00010,672,0009,521,0008,558,000
Number Of Employees738717670628589514479435376355332294266240236
EBITDA*534,719,000518,435,000462,185,000378,840,000376,402,000351,818,000338,165,000323,380,000313,105,000276,221,000255,188,000200,208,000148,993,000112,090,00093,862,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,441,993,0002,351,918,0002,220,803,0001,887,161,0001,961,557,0001,661,971,0001,488,529,0001,346,699,0001,173,958,0001,037,433,000892,215,000787,853,000666,253,000390,500,000258,304,000
Intangible Assets19,034,00014,673,0009,314,0007,300,0008,191,0008,548,0005,905,000711,0000000000
Investments & Other8,427,00014,283,000700,0004,076,000572,0000000000000
Debtors (Due After 1 year)244,116,000248,090,000302,416,000314,749,000333,832,000241,523,000182,900,000144,028,000119,059,000102,489,00095,550,00093,679,000105,061,000112,409,000101,486,000
Total Fixed Assets2,461,027,0002,366,591,0002,230,117,0001,866,400,0001,955,772,0001,670,519,0001,494,434,0001,347,410,0001,173,958,0001,037,433,000892,215,000787,853,000666,253,000502,909,000359,790,000
Stock & work in progress57,247,000109,557,00052,012,00034,619,00027,343,00033,925,00019,875,00020,175,00017,144,00017,571,00014,620,0008,898,0007,284,0008,179,0005,689,000
Trade Debtors84,772,00062,851,00057,380,00061,038,00035,973,00034,203,000129,406,000112,953,00031,024,00030,192,00024,376,00021,504,00019,624,00011,414,00011,403,000
Group Debtors41,307,00019,517,0004,129,0004,495,0004,373,0005,245,00016,567,00014,477,00018,378,00019,282,00019,784,0003,600,0003,600,0003,600,0002,600,000
Misc Debtors255,391,000240,890,000206,324,000165,199,000188,863,000147,593,00023,075,00033,575,000107,770,00084,347,00063,260,00049,823,00077,661,00070,006,00060,025,000
Cash657,000568,0001,644,000113,0001,224,0001,907,000394,000214,0005,233,000536,000627,000284,00010,809,000594,0002,004,000
misc current assets0000000000003,212,00000
total current assets448,931,000457,712,000327,044,000265,836,000257,776,000222,873,000189,317,000181,394,000179,549,000151,928,000122,667,00084,109,000122,190,00093,793,00081,721,000
total assets2,909,958,0002,824,303,0002,557,161,0002,132,236,0002,213,548,0001,893,392,0001,683,751,0001,528,804,0001,353,507,0001,189,361,0001,014,882,000871,962,000788,443,000596,702,000441,511,000
Bank overdraft6,974,00017,194,00050,537,00033,773,0006,726,0003,120,0006,994,00040,686,00003,112,00012,608,00011,426,0001,471,0007,767,0000
Bank loan000000000000000
Trade Creditors 61,788,00046,147,00041,187,00050,677,00033,865,00047,036,00014,280,00018,228,00013,775,00010,909,0007,794,0007,737,0007,727,00011,469,0008,183,000
Group/Directors Accounts00000446,969,000570,865,000519,929,0000392,164,000316,356,000298,142,000304,156,000270,625,000192,859,000
other short term finances22,626,00020,873,00023,916,00024,018,00025,149,00028,035,0000025,987,00024,505,00024,852,00058,852,000000
hp & lease commitments1,283,000989,0001,280,0001,290,0001,260,0000000000000
other current liabilities1,054,787,000893,235,000764,037,000647,014,000657,905,000123,780,000138,787,000120,771,000498,645,00078,442,00056,190,00047,421,00033,876,00030,205,00035,295,000
total current liabilities1,147,458,000978,438,000880,957,000756,772,000724,905,000648,940,000730,926,000699,614,000538,407,000509,132,000417,800,000423,578,000347,230,000320,066,000236,337,000
loans3,224,931,0003,222,715,0002,959,721,0002,506,724,0002,741,565,0002,231,858,0001,654,523,0001,414,919,0001,376,306,0001,105,067,0001,000,483,000760,184,000770,552,00000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities0000000000000245,153,000187,010,000
provisions50,082,00034,702,000992,0002,282,0002,256,0005,824,0005,014,0005,342,0009,760,00018,598,00027,352,00035,566,00031,004,0004,192,000982,000
total long term liabilities1,641,689,0001,635,850,0001,480,813,0001,256,533,0001,372,857,0001,119,172,000829,841,000710,838,000693,033,000562,352,000514,413,000397,875,000400,778,000249,345,000187,992,000
total liabilities2,789,147,0002,614,288,0002,361,770,0002,013,305,0002,097,762,0001,768,112,0001,560,767,0001,410,452,0001,231,440,0001,071,484,000932,213,000821,453,000748,008,000569,411,000424,329,000
net assets120,811,000210,015,000195,391,000118,931,000115,786,000125,280,000122,984,000118,352,000122,067,000117,877,00082,669,00050,509,00040,435,00027,291,00017,182,000
total shareholders funds120,811,000210,015,000195,391,000118,931,000115,786,000125,280,000122,984,000118,352,000122,067,000117,877,00082,669,00050,509,00040,435,00027,291,00017,182,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit128,327,000204,166,000168,022,00076,316,00077,445,00077,148,00072,280,00067,134,00074,173,00062,766,00060,233,00041,498,00031,487,00027,623,00022,737,000
Depreciation401,540,000310,218,000290,323,000301,366,000293,796,000272,488,000265,645,000256,246,000238,932,000213,455,000194,955,000158,710,000117,506,00084,467,00071,125,000
Amortisation4,852,0004,051,0003,840,0001,158,0005,161,0002,182,000240,00000000000
Tax-14,788,000-39,734,000-23,796,000-7,478,000-9,510,000-10,925,000-10,019,000-9,757,000-10,843,000-10,166,000-6,914,000-4,412,000-3,765,000-4,363,000-2,067,000
Stock-52,310,00057,545,00017,393,0007,276,000-6,582,00014,050,000-300,0003,031,000-427,0002,951,0005,722,0001,614,000-895,0002,490,0005,689,000
Debtors54,238,0001,099,00024,768,000-17,560,000134,477,00076,616,00046,915,00028,802,00039,921,00033,340,00034,364,000-37,340,0008,517,00021,915,000175,514,000
Creditors15,641,0004,960,000-9,490,00016,812,000-13,171,00032,756,000-3,948,0004,453,0002,866,0003,115,00057,00010,000-3,742,0003,286,0008,183,000
Accruals and Deferred Income161,552,000129,198,000117,023,000-10,891,000534,125,000-15,007,00018,016,000-377,874,000420,203,00022,252,0008,769,00013,545,0003,671,000-5,090,00035,295,000
Deferred Taxes & Provisions15,380,00033,710,000-1,290,00026,000-3,568,000810,000-328,000-4,418,000-8,838,000-8,754,000-8,214,0004,562,00026,812,0003,210,000982,000
Cash flow from operations710,576,000587,925,000502,471,000387,593,000756,383,000268,786,000295,271,000-96,049,000676,999,000246,377,000208,800,000249,639,000164,347,00084,728,000-44,948,000
Investing Activities
capital expenditure-500,828,000-450,743,000-629,819,000-227,237,000-598,186,000-450,755,000-412,909,000-429,698,000-375,457,000-358,673,000-299,317,000-280,310,000-393,259,000-216,663,000-329,429,000
Change in Investments-5,856,00013,583,000-3,376,0003,504,000572,0000000000000
cash flow from investments-494,972,000-464,326,000-626,443,000-230,741,000-598,758,000-450,755,000-412,909,000-429,698,000-375,457,000-358,673,000-299,317,000-280,310,000-393,259,000-216,663,000-329,429,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0000-446,969,000-123,896,00050,936,000519,929,000-392,164,00075,808,00018,214,000-6,014,00033,531,00077,766,000192,859,000
Other Short Term Loans 1,753,000-3,043,000-102,000-1,131,000-2,886,00028,035,0000-25,987,0001,482,000-347,000-34,000,00058,852,000000
Long term loans2,216,000262,994,000452,997,000-234,841,000509,707,000577,335,000239,604,00038,613,000271,239,000104,584,000240,299,000-10,368,000770,552,00000
Hire Purchase and Lease Commitments294,000-291,000-10,00030,0001,260,0000000000000
other long term liabilities000000000000-245,153,00058,143,000187,010,000
share issue-1,0000000-3,549,0002,254,0000002,114,00000012,743,000
interest-71,309,000-32,999,000-27,417,000-28,489,000-30,731,000-20,026,000-19,006,000-20,625,000-21,140,000-17,392,000-23,273,000-18,512,000-14,578,000-13,151,000-16,231,000
cash flow from financing-67,047,000226,661,000425,468,000-264,431,00030,381,000457,899,000273,788,000511,930,000-140,583,000162,653,000203,354,00023,958,000544,352,000122,758,000376,381,000
cash and cash equivalents
cash89,000-1,076,0001,531,000-1,111,000-683,0001,513,000180,000-5,019,0004,697,000-91,000343,000-10,525,00010,215,000-1,410,0002,004,000
overdraft-10,220,000-33,343,00016,764,00027,047,0003,606,000-3,874,000-33,692,00040,686,000-3,112,000-9,496,0001,182,0009,955,000-6,296,0007,767,0000
change in cash10,309,00032,267,000-15,233,000-28,158,000-4,289,0005,387,00033,872,000-45,705,0007,809,0009,405,000-839,000-20,480,00016,511,000-9,177,0002,004,000

ald automotive 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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Ald Automotive Limited Competitor Analysis

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Perform a competitor analysis for ald automotive limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in BS16 area or any other competitors across 12 key performance metrics.

ald automotive limited Ownership

ALD AUTOMOTIVE LIMITED group structure

Ald Automotive Limited has no subsidiary companies.

Ultimate parent company

ALD INTERNATIONAL GMBH

#0120363

2 parents

ALD AUTOMOTIVE LIMITED

00987418

ALD AUTOMOTIVE LIMITED Shareholders

ald automotive group limited 100%

ald automotive limited directors

Ald Automotive Limited currently has 2 directors. The longest serving directors include Mr Timothy Laver (Jul 2019) and Mr Chris Black (Oct 2024).

officercountryagestartendrole
Mr Timothy Laver49 years Jul 2019- Director
Mr Chris BlackEngland51 years Oct 2024- Director

P&L

December 2023

turnover

1b

+5%

operating profit

128.3m

-37%

gross margin

19.3%

-31.03%

turnover

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

Balance Sheet

December 2023

net assets

120.8m

-0.42%

total assets

2.9b

+0.03%

cash

657k

+0.16%

net assets

Total assets minus all liabilities

ald automotive limited company details

company number

00987418

Type

Private limited with Share Capital

industry

77110 - Renting and leasing of cars and light motor vehicles

incorporation date

August 1970

age

55

incorporated

UK

ultimate parent company

ALD INTERNATIONAL GMBH

accounts

Full Accounts

last accounts submitted

December 2023

previous names

bch vehicle management limited (October 2001)

bch (vehicle management) limited (March 1996)

See more

accountant

-

auditor

ERNST & YOUNG LLP

address

oakwood drive emersons green, bristol, BS16 7LB

Bank

SOCIETE GENERALE

Legal Advisor

ADDLESHAW GODDARD LLP

ald automotive 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 290 charges/mortgages relating to ald automotive limited. Currently there are 3 open charges and 287 have been satisfied in the past.

ald automotive 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.

Click to start generating capital raising & share issue transactions for ALD AUTOMOTIVE LIMITED. This can take several minutes, an email will notify you when this has completed.

ald automotive limited Companies House Filings - See Documents

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