howie david (commercials) limited
howie david (commercials) limited Company Information
Company Number
01490265
Website
www.howiedavid.co.ukRegistered Address
782 clydach road, ynystawe, swansea, SA6 5BD
Industry
Sale of other motor vehicles
Maintenance and repair of motor vehicles
Telephone
01792842137
Next Accounts Due
11 days late
Group Structure
View All
Directors
Lee David32 Years
Shareholders
lee james david 100%
howie david (commercials) limited Estimated Valuation
Pomanda estimates the enterprise value of HOWIE DAVID (COMMERCIALS) LIMITED at £429.5k based on a Turnover of £1.6m and 0.27x industry multiple (adjusted for size and gross margin).
howie david (commercials) limited Estimated Valuation
Pomanda estimates the enterprise value of HOWIE DAVID (COMMERCIALS) LIMITED at £0 based on an EBITDA of £-148k and a 3.35x industry multiple (adjusted for size and gross margin).
howie david (commercials) limited Estimated Valuation
Pomanda estimates the enterprise value of HOWIE DAVID (COMMERCIALS) LIMITED at £541.9k based on Net Assets of £184.4k and 2.94x industry multiple (adjusted for liquidity).
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Howie David (commercials) Limited Overview
Howie David (commercials) Limited is a live company located in swansea, SA6 5BD with a Companies House number of 01490265. It operates in the sale of other motor vehicles sector, SIC Code 45190. Founded in April 1980, it's largest shareholder is lee james david with a 100% stake. Howie David (commercials) Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.
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Howie David (commercials) Limited Health Check
Pomanda's financial health check has awarded Howie David (Commercials) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£14m)
- Howie David (commercials) Limited
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (4.1%)
- Howie David (commercials) Limited
4.1% - Industry AVG
Production
with a gross margin of 24.7%, this company has a comparable cost of product (24.7%)
- Howie David (commercials) Limited
24.7% - Industry AVG
Profitability
an operating margin of -11.7% make it less profitable than the average company (5%)
- Howie David (commercials) Limited
5% - Industry AVG
Employees
with 12 employees, this is below the industry average (35)
12 - Howie David (commercials) Limited
35 - Industry AVG
Pay Structure
on an average salary of £33.4k, the company has an equivalent pay structure (£33.4k)
- Howie David (commercials) Limited
£33.4k - Industry AVG
Efficiency
resulting in sales per employee of £134.6k, this is less efficient (£300.4k)
- Howie David (commercials) Limited
£300.4k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (30 days)
- Howie David (commercials) Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (40 days)
- Howie David (commercials) Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 92 days, this is more than average (48 days)
- Howie David (commercials) Limited
48 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Howie David (commercials) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80%, this is a higher level of debt than the average (67.7%)
80% - Howie David (commercials) Limited
67.7% - Industry AVG
HOWIE DAVID (COMMERCIALS) LIMITED financials
Howie David (Commercials) Limited's latest turnover from December 2022 is estimated at £1.6 million and the company has net assets of £184.4 thousand. According to their latest financial statements, Howie David (Commercials) Limited has 12 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 12 | 12 | 12 | 10 | 10 | 11 | 11 | 11 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 600,135 | 714,990 | 722,231 | 721,399 | 704,247 | 650,688 | 657,229 | 685,016 | 557,625 | 615,860 | 613,035 | 642,543 | 722,117 | 972,851 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 600,135 | 714,990 | 722,231 | 721,399 | 704,247 | 650,688 | 657,229 | 685,016 | 557,625 | 615,860 | 613,035 | 642,543 | 722,117 | 972,851 |
| Stock & work in progress | 309,411 | 279,548 | 351,351 | 376,858 | 394,824 | 343,361 | 295,541 | 255,957 | 220,427 | 179,029 | 174,319 | 142,172 | 117,081 | 111,006 |
| Trade Debtors | 12,910 | 102,516 | 49,725 | 90,149 | 110,437 | 144,978 | 119,317 | 109,525 | 176,693 | 156,132 | 142,512 | 105,838 | 102,038 | 91,194 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 12,500 | 11,500 | 13,500 | 11,500 | 10,808 | 10,665 | 9,583 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 322,321 | 394,564 | 412,576 | 480,507 | 516,761 | 499,147 | 425,523 | 375,065 | 397,120 | 335,161 | 316,831 | 248,010 | 219,119 | 202,200 |
| total assets | 922,456 | 1,109,554 | 1,134,807 | 1,201,906 | 1,221,008 | 1,149,835 | 1,082,752 | 1,060,081 | 954,745 | 951,021 | 929,866 | 890,553 | 941,236 | 1,175,051 |
| Bank overdraft | 123,207 | 127,436 | 119,723 | 115,343 | 183,686 | 177,310 | 118,210 | 129,594 | 115,172 | 116,281 | 120,131 | 119,872 | 213,509 | 225,671 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 46,251 | 96,446 | 122,303 | 102,019 | 92,220 | 59,199 | 74,121 | 67,958 | 196,310 | 159,921 | 139,624 | 92,249 | 151,285 | 308,553 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,992 | 16,498 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 383,467 | 376,259 | 389,822 | 448,523 | 409,024 | 413,896 | 388,009 | 325,305 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 552,925 | 600,141 | 631,848 | 665,885 | 684,930 | 650,405 | 580,340 | 522,857 | 311,482 | 276,202 | 259,755 | 212,121 | 376,786 | 550,722 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,400 | 267,564 | 303,479 | 344,388 | 361,410 | 233,992 | 219,748 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,206 | 49,092 | 7,133 | 0 | 13,581 | 67,746 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 138,326 | 77,279 | 77,598 | 78,089 | 79,357 | 52,666 | 70,583 | 103,218 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 46,804 | 46,804 | 41,748 | 51,707 | 51,470 | 53,927 | 76,318 | 76,963 | 37,579 | 37,081 | 36,732 | 32,726 | 33,430 | 38,005 |
| total long term liabilities | 185,130 | 124,083 | 119,346 | 129,796 | 130,827 | 106,593 | 146,901 | 189,581 | 355,349 | 389,652 | 388,253 | 394,136 | 281,003 | 325,499 |
| total liabilities | 738,055 | 724,224 | 751,194 | 795,681 | 815,757 | 756,998 | 727,241 | 712,438 | 666,831 | 665,854 | 648,008 | 606,257 | 657,789 | 876,221 |
| net assets | 184,401 | 385,330 | 383,613 | 406,225 | 405,251 | 392,837 | 355,511 | 347,643 | 287,914 | 285,167 | 281,858 | 284,296 | 283,447 | 298,830 |
| total shareholders funds | 184,401 | 385,330 | 383,613 | 406,225 | 405,251 | 392,837 | 355,511 | 347,643 | 287,914 | 285,167 | 281,858 | 284,296 | 283,447 | 298,830 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 41,063 | 45,056 | 40,288 | 42,399 | 37,909 | 34,014 | 34,664 | 39,116 | 44,012 | 45,521 | 50,787 | 91,875 | 143,262 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||||||
| Stock | 29,863 | -71,803 | -25,507 | -17,966 | 51,463 | 47,820 | 39,584 | 35,530 | 41,398 | 4,710 | 32,147 | 25,091 | 6,075 | 111,006 |
| Debtors | -102,106 | 53,791 | -42,424 | -18,288 | -33,849 | 25,804 | 10,874 | -57,585 | 20,561 | 13,620 | 36,674 | 3,800 | 10,844 | 91,194 |
| Creditors | -50,195 | -25,857 | 20,284 | 9,799 | 33,021 | -14,922 | 6,163 | -128,352 | 36,389 | 20,297 | 47,375 | -59,036 | -157,268 | 308,553 |
| Accruals and Deferred Income | 7,208 | -13,563 | -58,701 | 39,499 | -4,872 | 25,887 | 62,704 | 325,305 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 5,056 | -9,959 | 237 | -2,457 | -22,391 | -645 | 39,384 | 498 | 349 | 4,006 | -704 | -4,575 | 38,005 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11,992 | -4,506 | 16,498 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -9,400 | -258,164 | -35,915 | -40,909 | -17,022 | 127,418 | 14,244 | 219,748 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -50,206 | 1,114 | 41,959 | 7,133 | -13,581 | -54,165 | 67,746 |
| other long term liabilities | 61,047 | -319 | -491 | -1,268 | 26,691 | -17,917 | -32,635 | 103,218 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | -4,229 | 7,713 | 4,380 | -68,343 | 6,376 | 59,100 | -11,384 | 14,422 | -1,109 | -3,850 | 259 | -93,637 | -12,162 | 225,671 |
| change in cash | 4,229 | -7,713 | -4,380 | 68,343 | -6,376 | -59,100 | 11,384 | -14,422 | 1,109 | 3,850 | -259 | 93,637 | 12,162 | -225,671 |
howie david (commercials) limited Credit Report and Business Information
Howie David (commercials) Limited Competitor Analysis
Perform a competitor analysis for howie david (commercials) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SA6 area or any other competitors across 12 key performance metrics.
howie david (commercials) limited Ownership
HOWIE DAVID (COMMERCIALS) LIMITED group structure
Howie David (Commercials) Limited has no subsidiary companies.
Ultimate parent company
HOWIE DAVID (COMMERCIALS) LIMITED
01490265
howie david (commercials) limited directors
Howie David (Commercials) Limited currently has 1 director, Mr Lee David serving since Dec 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee David | 65 years | Dec 1991 | - | Director |
P&L
December 2022turnover
1.6m
-11%
operating profit
-189k
0%
gross margin
24.7%
+2.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
184.4k
-0.52%
total assets
922.5k
-0.17%
cash
0
0%
net assets
Total assets minus all liabilities
howie david (commercials) limited company details
company number
01490265
Type
Private limited with Share Capital
industry
45190 - Sale of other motor vehicles
45200 - Maintenance and repair of motor vehicles
incorporation date
April 1980
age
44
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
brakereed limited (July 1983)
last accounts submitted
December 2022
address
782 clydach road, ynystawe, swansea, SA6 5BD
accountant
WILLIS JONES
auditor
-
howie david (commercials) 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 howie david (commercials) limited. Currently there are 2 open charges and 0 have been satisfied in the past.
howie david (commercials) limited Companies House Filings - See Documents
| date | description | view/download |
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