a.1 taxis of ilford limited

a.1 taxis of ilford limited Company Information

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Company Number

01199191

Industry

Taxi operation

 

Directors

Ivan Kovler

Andrea Kovler

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Shareholders

howard clive kovler

Group Structure

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Contact

Registered Address

19-20 bourne court, southend road, woodford green, essex, IG8 8HD

Website

-

a.1 taxis of ilford limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of A.1 TAXIS OF ILFORD LIMITED at £1m based on a Turnover of £769.9k and 1.31x industry multiple (adjusted for size and gross margin).

a.1 taxis of ilford limited Estimated Valuation

£337.4k

Pomanda estimates the enterprise value of A.1 TAXIS OF ILFORD LIMITED at £337.4k based on an EBITDA of £114.7k and a 2.94x industry multiple (adjusted for size and gross margin).

a.1 taxis of ilford limited Estimated Valuation

£0

Pomanda estimates the enterprise value of A.1 TAXIS OF ILFORD LIMITED at £0 based on Net Assets of £-42.2k and 2.49x industry multiple (adjusted for liquidity).

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A.1 Taxis Of Ilford Limited Overview

A.1 Taxis Of Ilford Limited is a live company located in woodford green, IG8 8HD with a Companies House number of 01199191. It operates in the taxi operation sector, SIC Code 49320. Founded in February 1975, it's largest shareholder is howard clive kovler with a 100% stake. A.1 Taxis Of Ilford Limited is a mature, small sized company, Pomanda has estimated its turnover at £769.9k with healthy growth in recent years.

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A.1 Taxis Of Ilford Limited Health Check

Pomanda's financial health check has awarded A.1 Taxis Of Ilford Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £769.9k, make it larger than the average company (£424.5k)

£769.9k - A.1 Taxis Of Ilford Limited

£424.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.7%)

7% - A.1 Taxis Of Ilford Limited

4.7% - Industry AVG

production

Production

with a gross margin of 29.2%, this company has a higher cost of product (48.8%)

29.2% - A.1 Taxis Of Ilford Limited

48.8% - Industry AVG

profitability

Profitability

an operating margin of 3.1% make it less profitable than the average company (9.2%)

3.1% - A.1 Taxis Of Ilford Limited

9.2% - Industry AVG

employees

Employees

with 6 employees, this is similar to the industry average (6)

6 - A.1 Taxis Of Ilford Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.6k, the company has an equivalent pay structure (£28.6k)

£28.6k - A.1 Taxis Of Ilford Limited

£28.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £128.3k, this is more efficient (£89.3k)

£128.3k - A.1 Taxis Of Ilford Limited

£89.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is near the average (39 days)

32 days - A.1 Taxis Of Ilford Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 275 days, this is slower than average (15 days)

275 days - A.1 Taxis Of Ilford Limited

15 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 12 days, this is less than average (35 days)

12 days - A.1 Taxis Of Ilford Limited

35 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 (27 weeks)

0 weeks - A.1 Taxis Of Ilford Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 104.6%, this is a higher level of debt than the average (63.5%)

104.6% - A.1 Taxis Of Ilford Limited

63.5% - Industry AVG

A.1 TAXIS OF ILFORD LIMITED financials

EXPORTms excel logo

A.1 Taxis Of Ilford Limited's latest turnover from June 2023 is estimated at £769.9 thousand and the company has net assets of -£42.2 thousand. According to their latest financial statements, A.1 Taxis Of Ilford Limited has 6 employees and maintains cash reserves of £7.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover769,852719,9301,143,887627,411610,3671,006,938908,6951,054,594606,896373,735613,575544,300694,531283,672
Other Income Or Grants00000000000000
Cost Of Sales544,741531,792849,232426,084463,530728,912577,411739,855434,233266,025452,532387,356481,661185,771
Gross Profit225,111188,138294,656201,326146,837278,026331,284314,740172,663107,709161,043156,944212,87097,901
Admin Expenses201,612398,434332,552223,979127,148201,903303,619395,364156,174148,895251,718-57,918211,509-118,424
Operating Profit23,499-210,296-37,896-22,65319,68976,12327,665-80,62416,489-41,186-90,675214,8621,361216,325
Interest Payable00000005,8325,83200000
Interest Receivable4421953526164010495823884
Pre-Tax Profit23,941-210,101-37,861-22,62719,70576,12727,665-86,44610,706-41,128-90,652214,8701,369216,329
Tax-5,985000-3,744-14,464-5,2560-2,14100-51,569-356-60,572
Profit After Tax17,956-210,101-37,861-22,62715,96161,66322,409-86,4468,565-41,128-90,652163,3011,013155,757
Dividends Paid00000000000000
Retained Profit17,956-210,101-37,861-22,62715,96161,66322,409-86,4468,565-41,128-90,652163,3011,013155,757
Employee Costs171,318212,246242,720173,960178,593164,145135,242146,04190,74481,944113,73589,975112,63146,963
Number Of Employees681088978435462
EBITDA*114,748-123,40682,17342,132117,10176,123118,5356,16966,02010,776-31,186287,44077,501289,429

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets818,002783,536781,997575,008560,543526,939580,132588,419547,843447,575512,134570,985250,472245,301
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets818,002783,536781,997575,008560,543526,939580,132588,419547,843447,575512,134570,985250,472245,301
Stock & work in progress17,93015,22510,2268,14014,17525,38030,17520,75717,42011,83912,53911,2399,2576,520
Trade Debtors68,233139,773230,122126,213130,326131,402149,975133,89191,43634,11558,98865,092111,22851,042
Group Debtors00000000000000
Misc Debtors0000000000003,7910
Cash7,62510,07021,11849,0812,5691,639114,02815,6577,7371,5001,5021,502
misc current assets00000000000000
total current assets93,788165,068261,466183,434147,070158,421180,151154,649112,88461,61179,26477,831125,77859,064
total assets911,790948,6041,043,463758,442707,613685,360760,283743,068660,727509,186591,398648,816376,250304,365
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 411,562416,084461,142303,000174,189423,515526,260495,51182,954243,289272,175219,871157,405104,562
Group/Directors Accounts0000107,795000000000
other short term finances00000000179,45700000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities411,562416,084461,142303,000281,984423,515526,260495,511262,411243,289272,175219,871157,405104,562
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities542,417592,665432,365230,189193,37467,36266,283104,982156,57821,38219,35133,24037,61928,423
provisions00037,43621,811034,92032,16444,88156,22370,45275,63324,45515,622
total long term liabilities542,417592,665432,365267,625215,18567,362101,203137,146201,45977,60589,803108,87362,07444,045
total liabilities953,9791,008,749893,507570,625497,169490,877627,463632,657463,870320,894361,978328,744219,479148,607
net assets-42,189-60,145149,956187,817210,444194,483132,820110,411196,857188,292229,420320,072156,771155,758
total shareholders funds-42,189-60,145149,956187,817210,444194,483132,820110,411196,857188,292229,420320,072156,771155,758
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit23,499-210,296-37,896-22,65319,68976,12327,665-80,62416,489-41,186-90,675214,8621,361216,325
Depreciation91,24986,890120,06964,78597,412090,87086,79349,53151,96259,48972,57876,14073,104
Amortisation00000000000000
Tax-5,985000-3,744-14,464-5,2560-2,14100-51,569-356-60,572
Stock2,7054,9992,086-6,035-11,205-4,7959,4183,3375,581-7001,3001,9822,7376,520
Debtors-71,540-90,349103,909-4,113-1,076-18,57316,08442,45557,321-24,873-6,104-49,92763,97751,042
Creditors-4,522-45,058158,142128,811-249,326-102,74530,749412,557-160,335-28,88652,30462,46652,843104,562
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions00-37,43615,62521,811-34,9202,756-12,717-11,342-14,229-5,18151,1788,83315,622
Cash flow from operations173,076-83,11496,884196,716-101,877-52,638121,282360,217-170,700-6,76620,741397,46072,107291,479
Investing Activities
capital expenditure-125,715-88,429-327,058-79,250-131,01653,193-82,583-127,369-149,79912,597-638-393,091-81,311-318,405
Change in Investments00000000000000
cash flow from investments-125,715-88,429-327,058-79,250-131,01653,193-82,583-127,369-149,79912,597-638-393,091-81,311-318,405
Financing Activities
Bank loans00000000000000
Group/Directors Accounts000-107,795107,795000000000
Other Short Term Loans 0000000-179,457179,45700000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-50,248160,300202,17636,815126,0121,079-38,699-51,596135,1962,031-13,889-4,3799,19628,423
share issue00000000000001
interest44219535261640-5,822-5,7835823884
cash flow from financing-49,806160,495202,211-70,954233,8231,083-38,699-236,875308,8702,089-13,866-4,3719,20428,428
cash and cash equivalents
cash-2,445-11,048-27,96346,5129301,6380-4,027-11,6297,9206,237-201,502
overdraft00000000000000
change in cash-2,445-11,048-27,96346,5129301,6380-4,027-11,6297,9206,237-201,502

a.1 taxis of ilford 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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A.1 Taxis Of Ilford Limited Competitor Analysis

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Perform a competitor analysis for a.1 taxis of ilford limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in IG8 area or any other competitors across 12 key performance metrics.

a.1 taxis of ilford limited Ownership

A.1 TAXIS OF ILFORD LIMITED group structure

A.1 Taxis Of Ilford Limited has no subsidiary companies.

Ultimate parent company

A.1 TAXIS OF ILFORD LIMITED

01199191

A.1 TAXIS OF ILFORD LIMITED Shareholders

howard clive kovler 100%

a.1 taxis of ilford limited directors

A.1 Taxis Of Ilford Limited currently has 3 directors. The longest serving directors include Mr Ivan Kovler (Aug 1991) and Andrea Kovler (Aug 1991).

officercountryagestartendrole
Mr Ivan KovlerUnited Kingdom81 years Aug 1991- Director
Andrea KovlerUnited Kingdom80 years Aug 1991- Director
Mr Howard Kovler46 years Nov 2003- Director

P&L

June 2023

turnover

769.9k

+7%

operating profit

23.5k

0%

gross margin

29.3%

+11.89%

turnover

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

Balance Sheet

June 2023

net assets

-42.2k

-0.3%

total assets

911.8k

-0.04%

cash

7.6k

-0.24%

net assets

Total assets minus all liabilities

a.1 taxis of ilford limited company details

company number

01199191

Type

Private limited with Share Capital

industry

49320 - Taxi operation

incorporation date

February 1975

age

50

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

June 2023

previous names

N/A

accountant

RAFFINGERS LLP

auditor

-

address

19-20 bourne court, southend road, woodford green, essex, IG8 8HD

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

a.1 taxis of ilford 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 2 charges/mortgages relating to a.1 taxis of ilford limited. Currently there are 2 open charges and 0 have been satisfied in the past.

a.1 taxis of ilford 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 A.1 TAXIS OF ILFORD LIMITED. This can take several minutes, an email will notify you when this has completed.

a.1 taxis of ilford limited Companies House Filings - See Documents

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