abbeygate garages limited
Liveabbeygate garages limited Company Information
company number
01281314
incorporation date
October 1976
registered address
89-91 NORWICH ROAD, WYMONDHAM, NORFOLK, NR18 0SH
telephone
01953601602
Website
ford.co.uknet assets
3,451,599
turnover (est)
£4,762,128
map
£7.8m
This is Pomanda's estimated valuation of ABBEYGATE GARAGES LIMITED based on Net Assets of £3.5m and 2.25x industry multiple (adjusted for liquidity).
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Industry Breakdown
100% Sale of new cars and light motor vehicles
The Industry Breakdown is vital for the calculation of Valuations, Pomanda Estimates and Similar Companies. Create a customised breakdown that accurately reflects the business operations.
Industry Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
Similar Companies
see all
Company Name | Similarity Rating | Industry Overlap | Relative Size | Proximity |
|---|---|---|---|---|
| YARDMINSTER LIMITED | 100% | 97% | 35 miles | |
| K T CARS LIMITED | 100% | 100% | 96 miles | |
| ROUTE 16 TRADING LIMITED | 100% | 99% | 93 miles | |
| JOHN ROE (HULL) LIMITED | 100% | 97% | 85 miles | |
| CLASSIC AUTOMOBILES WORLDWIDE LIMITED | 100% | 98% | 93 miles |
Balance Sheet December 2019
net assets
3.5m
+0.1%
total assets
3.8m
+0.09%
cash
2.2m
+0.27%
net assets
Total assets minus all liabilities
Profit & Loss December 2019
turnover
4.8m
0%
operating profit
364.2k
0%
gross margin
9.9%
-1.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
abbeygate garages limited Credit Report and Business Information
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abbeygate garages limited Ownership
group structure
Ultimate parent company
ABBEYGATE GARAGES LIMITED
01281314
abbeygate garages limited directors
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Terence Skitmore | England | 72 years | Jul 1991 | - | Director |
ABBEYGATE GARAGES LIMITED financials
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|
| Turnover | 4,762,128 | 4,735,989 | 4,230,320 | 4,729,708 | 4,062,557 |
| Cost Of Sales | 4,291,114 | 4,262,430 | 3,800,920 | 4,242,294 | 3,631,654 |
| Gross Profit | 471,013 | 473,559 | 429,400 | 487,414 | 430,903 |
| Admin Expenses | 106,778 | 113,080 | 93,348 | 103,770 | 68,969 |
| Operating Profit | 364,235 | 360,479 | 336,052 | 383,644 | 361,934 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 14,925 | 13,446 | 7,890 | 3,042 | 4,819 |
| Pre-Tax Profit | 379,159 | 373,925 | 343,942 | 386,686 | 366,753 |
| Tax | -72,040 | -71,046 | -65,349 | -77,337 | -73,350 |
| Profit After Tax | 307,119 | 302,879 | 278,593 | 309,349 | 293,402 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 307,119 | 302,879 | 278,593 | 309,349 | 293,402 |
| Employee Costs | 1,197,868 | 1,232,068 | 1,202,622 | 1,117,439 | 1,092,365 |
| Number Of Employees | 38 | 40 | 40 | 38 | 38 |
| EBITDA* | 409,456 | 412,765 | 388,514 | 427,211 | 398,335 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
abbeygate garages limited company details
company number
01281314
Type
Private limited with Share Capital
industry
45111 - Sale of new cars and light motor vehicles
incorporation date
October 1976
age
45
accounts
Small Company
ultimate parent company
previous names
norwich road service station limited (October 1992)
incorporated
UK
address
89-91 NORWICH ROAD, WYMONDHAM, NORFOLK, NR18 0SH
last accounts submitted
December 2019