Homan Tyre Company Limited

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homan tyre company limited Company Information

Company Number

01186559

Next Accounts

Jul 2025

Directors

Nawab Karimy

View All

Shareholders

n & d commercial limited

Group Structure

View All

Industry

Maintenance and repair of motor vehicles

Registered Address

26 high street, kempston, bedford, MK42 7AJ

Website

www.homantyres.co.uk

homan tyre company limited Estimated Valuation

£674.7k

Pomanda estimates the enterprise value of HOMAN TYRE COMPANY LIMITED at £674.7k based on Net Assets of £218.5k and 3.09x industry multiple (adjusted for liquidity).

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Homan Tyre Company Limited is a live company located in bedford, MK42 7AJ with a Companies House number of 01186559. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in October 1974, it's largest shareholder is n & d commercial limited with a 100% stake. Homan Tyre Company Limited is a mature, micro sized company, Pomanda has estimated its turnover at £233.6k with low growth in recent years.

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Pomanda's financial health check has awarded Homan Tyre Company Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

5 Strong

1 Regular

6 Weak

Size

annual sales of £233.6k, make it smaller than the average company (£424.7k)

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (7.8%)

EXPORT

Homan Tyre Company Limited's latest turnover from October 2023 is estimated at £233.6 thousand and the company has net assets of £218.5 thousand. According to their latest financial statements, Homan Tyre Company Limited has 11 employees and maintains cash reserves of £15.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Turnover	233,621	369,126	255,285	230,109	265,853	242,272	238,492	257,740	144,236	209,282	245,617	230,708	249,377	177,297
Other Income Or Grants
Cost Of Sales	180,893	288,122	200,250	177,281	201,216	180,723	173,346	184,363	105,782	150,893	175,204	164,194	176,743	122,641
Gross Profit	52,728	81,004	55,035	52,828	64,637	61,549	65,145	73,378	38,454	58,389	70,412	66,514	72,634	54,656
Admin Expenses	55,933	65,516	-10,807	31,660	56,179	67,530	49,378	55,807	9,325	50,794	73,365	46,528	84,536	66,263	-202,574
Operating Profit	-3,205	15,488	65,842	21,168	8,458	-5,981	15,767	17,571	29,129	7,595	-2,953	19,986	-11,902	-11,607	202,574
Interest Payable	3,110	6,908	7,792	6,439	5,024	5,902	6,259	7,020	6,876	6,384	5,948	2,599
Interest Receivable	2,280	2,088	113	82	236	155	66	63	224	354	592	528	223	126	38
Pre-Tax Profit	-4,035	10,668	58,163	14,810	3,669	-11,728	9,574	10,614	22,476	1,565	-8,309	17,914	-11,679	-11,481	202,613
Tax		-2,027	-11,051	-2,814	-697		-1,819	-2,123	-4,495	-329		-4,299			-56,731
Profit After Tax	-4,035	8,641	47,112	11,996	2,972	-11,728	7,755	8,491	17,981	1,236	-8,309	13,615	-11,679	-11,481	145,881
Dividends Paid
Retained Profit	-4,035	8,641	47,112	11,996	2,972	-11,728	7,755	8,491	17,981	1,236	-8,309	13,615	-11,679	-11,481	145,881
Employee Costs	305,524	358,530	260,474	266,655	281,190	284,405	269,134	266,354	26,544	52,800	52,631	49,523	47,661	46,876
Number Of Employees	11	14	10	10	10	10	10	10	1	2	2	2	2	2
EBITDA*	7,488	27,626	76,273	30,537	18,909	5,040	27,249	26,303	36,142	12,901	3,097	25,610	-6,173	-5,324	208,621

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Tangible Assets	248,290	258,943	271,081	259,363	269,186	279,637	283,719	294,401	294,433	253,191	232,495	126,561	118,455	122,334	128,617
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	248,290	258,943	271,081	259,363	269,186	279,637	283,719	294,401	294,433	253,191	232,495	126,561	118,455	122,334	128,617
Stock & work in progress	1,534	4,100	4,544	4,250	4,250	4,907	6,818	6,811	8,652	8,104	14,454	11,961	17,070	20,230	27,003
Trade Debtors	18,318	32,500	42,550	22,432	21,807	17,467	22,997	22,124	18,525	21,470	30,853	27,638	33,263	24,332	36,180
Group Debtors
Misc Debtors		46,876	1,502	4,153	832	822	706	499
Cash	15,606	71,242	114,349	111,465	51,641	11,205	30,169	22,559	27,924	61,629	79,837	157,134	54,149	34,879	15,335
misc current assets
total current assets	35,458	154,718	162,945	142,300	78,530	34,401	60,690	51,993	55,101	91,203	125,144	196,733	104,482	79,441	78,518
total assets	283,748	413,661	434,026	401,663	347,716	314,038	344,409	346,394	349,534	344,394	357,639	323,294	222,937	201,775	207,135
Bank overdraft			27,193	28,119	13,607	13,182	12,912	12,191	11,341	9,600	9,600	7,363
Bank loan
Trade Creditors	14,379	91,750	35,970	41,489	63,105	39,799	33,735	35,331	77,717	119,762	124,109	103,981	97,609	55,424	49,431
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities		36,834	64,737	46,031	56,342	34,727	47,007	41,395
total current liabilities	14,379	128,584	127,900	115,639	133,054	87,708	93,654	88,917	89,058	129,362	133,709	111,344	97,609	55,424	49,431
loans		55,291	84,981	115,179	54,225	67,853	80,928	94,258	106,858	83,781	93,440	72,619
hp & lease commitments
Accruals and Deferred Income
other liabilities	43,618
provisions	7,203	7,203	7,203	4,015	5,603	6,615	6,237	7,384	6,274	1,888	2,363	2,895	2,507	11,851	11,723
total long term liabilities	50,821	62,494	92,184	119,194	59,828	74,468	87,165	101,642	113,132	85,669	95,803	75,514	2,507	11,851	11,723
total liabilities	65,200	191,078	220,084	234,833	192,882	162,176	180,819	190,559	202,190	215,031	229,512	186,858	100,116	67,275	61,154
net assets	218,548	222,583	213,942	166,830	154,834	151,862	163,590	155,835	147,344	129,363	128,127	136,436	122,821	134,500	145,981
total shareholders funds	218,548	222,583	213,942	166,830	154,834	151,862	163,590	155,835	147,344	129,363	128,127	136,436	122,821	134,500	145,981

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Operating Activities
Operating Profit	-3,205	15,488	65,842	21,168	8,458	-5,981	15,767	17,571	29,129	7,595	-2,953	19,986	-11,902	-11,607	202,574
Depreciation	10,693	12,138	10,431	9,369	10,451	11,021	11,482	8,732	7,013	5,306	6,050	5,624	5,729	6,283	6,047
Amortisation
Tax		-2,027	-11,051	-2,814	-697		-1,819	-2,123	-4,495	-329		-4,299			-56,731
Stock	-2,566	-444	294		-657	-1,911	7	-1,841	548	-6,350	2,493	-5,109	-3,160	-6,773	27,003
Debtors	-61,058	35,324	17,467	3,946	4,350	-5,414	1,080	4,098	-2,945	-9,383	3,215	-5,625	8,931	-11,848	36,180
Creditors	-77,371	55,780	-5,519	-21,616	23,306	6,064	-1,596	-42,386	-42,045	-4,347	20,128	6,372	42,185	5,993	49,431
Accruals and Deferred Income	-36,834	-27,903	18,706	-10,311	21,615	-12,280	5,612	41,395
Deferred Taxes & Provisions			3,188	-1,588	-1,012	378	-1,147	1,110	4,386	-475	-532	388	-9,344	128	11,723
Cash flow from operations	-43,093	18,596	63,836	-9,738	58,428	6,527	27,212	22,042	-3,615	23,483	16,985	38,805	20,897	19,418	149,861
Investing Activities
capital expenditure	-40		-22,149	454		-6,939	-800	-8,700	-48,255	-26,002	-111,984	-13,730	-1,850		-134,664
Change in Investments
cash flow from investments	-40		-22,149	454		-6,939	-800	-8,700	-48,255	-26,002	-111,984	-13,730	-1,850		-134,664
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans	-55,291	-29,690	-30,198	60,954	-13,628	-13,075	-13,330	-12,600	23,077	-9,659	20,821	72,619
Hire Purchase and Lease Commitments
other long term liabilities	43,618
share issue															100
interest	-830	-4,820	-7,679	-6,357	-4,788	-5,747	-6,193	-6,957	-6,652	-6,030	-5,356	-2,071	223	126	38
cash flow from financing	-12,503	-34,510	-37,877	54,597	-18,416	-18,822	-19,523	-19,557	16,425	-15,689	15,465	70,548	223	126	138
cash and cash equivalents
cash	-55,636	-43,107	2,884	59,824	40,436	-18,964	7,610	-5,365	-33,705	-18,208	-77,297	102,985	19,270	19,544	15,335
overdraft		-27,193	-926	14,512	425	270	721	850	1,741		2,237	7,363
change in cash	-55,636	-15,914	3,810	45,312	40,011	-19,234	6,889	-6,215	-35,446	-18,208	-79,534	95,622	19,270	19,544	15,335

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for homan tyre company limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in MK42 area or any other competitors across 12 key performance metrics.

HOMAN TYRE COMPANY LIMITED group structure

Homan Tyre Company Limited has no subsidiary companies.

Ultimate parent company

HOMAN TYRE COMPANY LIMITED

01186559

HOMAN TYRE COMPANY LIMITED Shareholders

n & d commercial limited

100%

Homan Tyre Company Limited currently has 3 directors. The longest serving directors include Mr Nawab Karimy (Sep 2022) and Mr Nawab Karimy (Sep 2022).

officer	country	age	start	end	role
Mr Nawab Karimy	United Kingdom	39 years	Sep 2022	-	Director
Mr Nawab Karimy	United Kingdom	39 years	Sep 2022	-	Director
Mr David Woollard	England	61 years	Jul 2024	-	Director

P&L

October 2023

turnover

233.6k

-37%

operating profit

-3.2k

gross margin

22.6%

+2.85%

turnover

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

Balance Sheet

October 2023

net assets

218.5k

-0.02%

total assets

283.7k

-0.31%

cash

15.6k

-0.78%

net assets

Total assets minus all liabilities

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company number

01186559

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

October 1974

ultimate parent company

None

previous names

N/A

address

26 high street, kempston, bedford, MK42 7AJ

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 6 charges/mortgages relating to homan tyre company limited. Currently there are 6 open charges and 0 have been satisfied in the past.

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homan tyre company limited Company Information

homan tyre company limited Estimated Valuation

homan tyre company limited Estimated Valuation

homan tyre company limited Estimated Valuation

Homan Tyre Company Limited Overview

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HOMAN TYRE COMPANY LIMITED financials

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