Richard Nash Cars Limited

POWER SEARCH PRICING

SOLUTIONS

richard nash cars limited Company Information

Live

MatureMidDeclining

Company Number

01650972

Website

www.richardnashcars.co.uk

Registered Address

second floor south, the fitted rigging house, chatham, kent, ME4 4TZ

Industry

Sale of used cars and light motor vehicles

Telephone

01603498000

Next Accounts Due

September 2024

Group Structure

View All

Directors

Richard Nash32 Years

Lynn Nash32 Years

View All

Shareholders

richard paul nash 55%

lynn julie nash 45%

richard nash cars limited Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of RICHARD NASH CARS LIMITED at £3.7m based on Net Assets of £1.4m and 2.67x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Richard Nash Cars Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Richard Nash Cars Limited is a live company located in chatham, ME4 4TZ with a Companies House number of 01650972. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in July 1982, it's largest shareholder is richard paul nash with a 55% stake. Richard Nash Cars Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.3m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Richard Nash Cars Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

4 Strong

3 Regular

5 Weak

Size

annual sales of £7.3m, make it larger than the average company (£6.1m)

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (6.6%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for richard nash cars limited. Get real-time insights into richard nash cars limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for richard nash cars limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

RICHARD NASH CARS LIMITED group structure

Richard Nash Cars Limited has no subsidiary companies.

Ultimate parent company

RICHARD NASH CARS LIMITED

01650972

RICHARD NASH CARS LIMITED Shareholders

richard paul nash	55%
lynn julie nash	45%

Richard Nash Cars Limited currently has 3 directors. The longest serving directors include Mr Richard Nash (Aug 1991) and Mrs Lynn Nash (Aug 1991).

officer	country	age	start	end	role
Mr Richard Nash	England	68 years	Aug 1991	-	Director
Mrs Lynn Nash	England	63 years	Aug 1991	-	Director
Mr James Nash	England	33 years	Oct 2021	-	Director

EXPORT

Richard Nash Cars Limited's latest turnover from December 2022 is estimated at £7.3 million and the company has net assets of £1.4 million. According to their latest financial statements, Richard Nash Cars Limited has 24 employees and maintains cash reserves of £127.1 thousand 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	7,340,355	7,560,095	6,324,294	8,597,522	9,239,462	8,697,163	7,976,310	8,565,833	15,375,030	17,956,004	10,592,307	12,541,598	10,317,245	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	6,531,322	6,775,101	5,666,294	7,663,498	8,214,729	7,719,220	7,073,102	7,482,325	13,565,526	15,963,659	9,381,346	11,030,965	9,016,804	0
Gross Profit	809,033	784,993	658,000	934,025	1,024,733	977,943	903,209	1,083,508	1,809,503	1,992,344	1,210,961	1,510,633	1,300,441	0
Admin Expenses	535,451	649,827	834,452	1,193,125	1,156,354	1,064,495	802,023	843,569	1,620,365	1,842,586	1,210,642	1,526,555	1,187,861	-1,443,658
Operating Profit	273,582	135,166	-176,452	-259,100	-131,621	-86,552	101,186	239,939	189,138	149,758	319	-15,922	112,580	1,443,658
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	18,806	1,797	402	2,113	5,385	5,285	2,225	4,346	4,795	3,326	3,581	2,855	44	23
Pre-Tax Profit	292,388	136,963	-176,050	-256,987	-126,236	-81,267	103,411	244,285	193,933	153,084	3,900	-13,067	112,624	1,443,681
Tax	-55,554	-26,023	0	0	0	0	-20,682	-48,857	-40,726	-35,209	-936	0	-31,535	-404,231
Profit After Tax	236,834	110,940	-176,050	-256,987	-126,236	-81,267	82,729	195,428	153,207	117,875	2,964	-13,067	81,089	1,039,450
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	236,834	110,940	-176,050	-256,987	-126,236	-81,267	82,729	195,428	153,207	117,875	2,964	-13,067	81,089	1,039,450
Employee Costs	785,267	830,143	844,009	1,100,794	1,174,074	1,196,507	1,181,802	1,141,655	942,813	1,147,368	696,660	833,252	689,631	0
Number Of Employees	24	27	28	36	40	41	41	41	34	43	27	32	26	0
EBITDA*	314,326	192,850	-118,226	-199,299	-73,703	-23,586	146,965	283,553	233,733	187,803	41,367	27,455	162,738	1,509,040

* 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	579,462	752,620	759,015	743,574	308,877	288,683	282,592	263,492	268,020	305,739	300,885	329,540	351,963	383,997
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	2,400	2,400
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	579,462	752,620	759,015	743,574	308,877	288,683	282,592	263,492	268,020	305,739	300,885	329,540	354,363	386,397
Stock & work in progress	2,264,964	2,426,970	2,022,790	2,263,632	2,177,405	1,861,115	1,586,147	1,820,955	1,875,196	1,724,910	1,467,234	1,088,405	1,331,109	1,333,691
Trade Debtors	7,262	23,402	6,208	35,706	7,103	11,818	7,203	16,346	92,337	192,376	77,998	119,245	173,028	153,908
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	55,179	56,925	58,659	59,905	146,761	58,151	94,767	73,803	0	0	0	0	0	0
Cash	127,107	947,507	489,942	313,439	249,920	1,186,110	927,711	852,310	886,283	1,031,732	298,668	1,133,564	8,586	9,005
misc current assets	0	0	0	50,061	0	0	0	0	0	0	0	0	0	0
total current assets	2,454,512	3,454,804	2,577,599	2,722,743	2,581,189	3,117,194	2,615,828	2,763,414	2,853,816	2,949,018	1,843,900	2,341,214	1,512,723	1,496,604
total assets	3,033,974	4,207,424	3,336,614	3,466,317	2,890,066	3,405,877	2,898,420	3,026,906	3,121,836	3,254,757	2,144,785	2,670,754	1,867,086	1,883,001
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	135,884	115,322	54,902	86,761	75,640	88,325	84,161	99,056	1,696,585	1,978,010	984,134	1,421,285	625,405	795,292
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	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	1,529,719	2,938,364	2,240,276	2,153,672	1,330,533	1,703,953	1,111,874	1,304,782	0	0	0	0	0	0
total current liabilities	1,665,603	3,053,686	2,295,178	2,240,433	1,406,173	1,792,278	1,196,035	1,403,838	1,696,585	1,978,010	984,134	1,421,285	625,405	795,292
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	1,362	23,563	22,201	30,599	31,621	35,091	42,610	46,022	43,633	48,336	50,115	141,897	121,042	48,159
total long term liabilities	1,362	23,563	22,201	30,599	31,621	35,091	42,610	46,022	43,633	48,336	50,115	141,897	121,042	48,159
total liabilities	1,666,965	3,077,249	2,317,379	2,271,032	1,437,794	1,827,369	1,238,645	1,449,860	1,740,218	2,026,346	1,034,249	1,563,182	746,447	843,451
net assets	1,367,009	1,130,175	1,019,235	1,195,285	1,452,272	1,578,508	1,659,775	1,577,046	1,381,618	1,228,411	1,110,536	1,107,572	1,120,639	1,039,550
total shareholders funds	1,367,009	1,130,175	1,019,235	1,195,285	1,452,272	1,578,508	1,659,775	1,577,046	1,381,618	1,228,411	1,110,536	1,107,572	1,120,639	1,039,550

	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	273,582	135,166	-176,452	-259,100	-131,621	-86,552	101,186	239,939	189,138	149,758	319	-15,922	112,580	1,443,658
Depreciation	40,744	57,684	58,226	59,801	57,918	62,966	45,779	43,614	44,595	38,045	41,048	43,377	50,158	65,382
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-55,554	-26,023	0	0	0	0	-20,682	-48,857	-40,726	-35,209	-936	0	-31,535	-404,231
Stock	-162,006	404,180	-240,842	86,227	316,290	274,968	-234,808	-54,241	150,286	257,676	378,829	-242,704	-2,582	1,333,691
Debtors	-17,886	15,460	-30,744	-58,253	83,895	-32,001	11,821	-2,188	-100,039	114,378	-41,247	-53,783	19,120	153,908
Creditors	20,562	60,420	-31,859	11,121	-12,685	4,164	-14,895	-1,597,529	-281,425	993,876	-437,151	795,880	-169,887	795,292
Accruals and Deferred Income	-1,408,645	698,088	86,604	823,139	-373,420	592,079	-192,908	1,304,782	0	0	0	0	0	0
Deferred Taxes & Provisions	-22,201	1,362	-8,398	-1,022	-3,470	-7,519	-3,412	2,389	-4,703	-1,779	-91,782	20,855	72,883	48,159
Cash flow from operations	-971,620	507,057	199,707	605,965	-863,463	322,171	138,055	767	-143,368	772,637	-826,084	1,140,677	17,661	460,661
Investing Activities
capital expenditure	132,414	-51,289	-73,667	-494,498	-78,112	-69,057	-64,879	-39,086	-6,876	-42,899	-12,393	-20,954	-18,124	-449,379
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	-2,400	0	2,400
cash flow from investments	132,414	-51,289	-73,667	-494,498	-78,112	-69,057	-64,879	-39,086	-6,876	-42,899	-12,393	-18,554	-18,124	-451,779
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	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	100
interest	18,806	1,797	402	2,113	5,385	5,285	2,225	4,346	4,795	3,326	3,581	2,855	44	23
cash flow from financing	18,806	1,797	402	2,113	5,385	5,285	2,225	4,346	4,795	3,326	3,581	2,855	44	123
cash and cash equivalents
cash	-820,400	457,565	176,503	63,519	-936,190	258,399	75,401	-33,973	-145,449	733,064	-834,896	1,124,978	-419	9,005
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-820,400	457,565	176,503	63,519	-936,190	258,399	75,401	-33,973	-145,449	733,064	-834,896	1,124,978	-419	9,005

P&L

December 2022

turnover

7.3m

-3%

operating profit

273.6k

gross margin

11.1%

+6.15%

turnover

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

Balance Sheet

December 2022

net assets

1.4m

+0.21%

total assets

-0.28%

cash

127.1k

-0.87%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

kh autoinvest limited

eagle e-types limited

1.5

v.v.s. (uk) limited

a.p.b. (uk) limited

2.5

raza motors ltd

company number

01650972

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

July 1982

age

accounts

Small Company

ultimate parent company

None

previous names

silvershield motors limited (April 1983)

incorporated

address

second floor south, the fitted rigging house, chatham, kent, ME4 4TZ

last accounts submitted

December 2022

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 richard nash cars limited. Currently there are 0 open charges and 2 have been satisfied in the past.

richard nash cars limited Company Information

richard nash cars limited Estimated Valuation

richard nash cars limited Estimated Valuation

richard nash cars limited Estimated Valuation

Richard Nash Cars Limited AI Business Plan

Richard Nash Cars Limited Overview

Richard Nash Cars Limited Health Check

richard nash cars limited Credit Report and Business Information

Richard Nash Cars Limited Competitor Analysis

richard nash cars limited Ownership

richard nash cars limited directors

RICHARD NASH CARS LIMITED financials

richard nash cars limited company details

richard nash cars limited Charges & Mortgages

richard nash cars limited Companies House Filings - See Documents