Norman Motors Limited

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norman motors limited Company Information

Live

MatureMicroHealthy

Company Number

02021310

Website

www.normanmotorsltd.com

Registered Address

100 mill lane, london, NW6 1NF

Industry

Retail trade of motor vehicle parts and accessories

Wholesale trade of motor vehicle parts and accessories

Telephone

02074310940

Next Accounts Due

February 2025

Group Structure

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Directors

Kenneth Norman33 Years

Shareholders

kenneth shawn norman 99.8%

margaret patricia norman 0.2%

norman motors limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of NORMAN MOTORS LIMITED at £2.7m based on Net Assets of £991.6k and 2.67x industry multiple (adjusted for liquidity).

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Norman Motors Limited is a live company located in london, NW6 1NF with a Companies House number of 02021310. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in May 1986, it's largest shareholder is kenneth shawn norman with a 99.8% stake. Norman Motors Limited is a mature, micro sized company, Pomanda has estimated its turnover at £364k with healthy growth in recent years.

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

Health Rating4out of 5

4 Strong

2 Regular

6 Weak

Size

annual sales of £364k, make it smaller than the average company (£9.4m)

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (6.6%)

EXPORT

Norman Motors Limited's latest turnover from May 2023 is estimated at £364 thousand and the company has net assets of £991.6 thousand. According to their latest financial statements, Norman Motors Limited has 4 employees and maintains cash reserves of £502.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Turnover	363,966	358,927	258,039	244,731	293,042	342,188	290,766	323,628	384,957	380,630	370,612	345,466	332,001	362,497
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	260,435	251,792	185,021	173,161	201,334	237,308	200,605	223,966	266,290	267,180	255,802	236,463	228,271	252,964
Gross Profit	103,531	107,135	73,018	71,569	91,708	104,881	90,161	99,662	118,667	113,450	114,810	109,003	103,731	109,533
Admin Expenses	172,730	144,336	50,182	48,694	190,721	237,173	110,015	23,621	75,931	58,720	118,197	114,002	109,244	-1,463,535
Operating Profit	-69,199	-37,201	22,836	22,875	-99,013	-132,292	-19,854	76,041	42,736	54,730	-3,387	-4,999	-5,513	1,573,068
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	23,902	5,814	616	629	4,897	3,325	1,630	2,954	2,542	2,317	2,244	2,341	2,384	1,183
Pre-Tax Profit	-45,297	-31,387	23,452	23,505	-94,116	-128,967	-18,224	78,995	45,278	57,047	-1,143	-2,658	-3,129	1,574,251
Tax	0	0	-4,456	-4,466	0	0	0	-15,799	-9,055	-11,980	0	0	0	-440,790
Profit After Tax	-45,297	-31,387	18,996	19,039	-94,116	-128,967	-18,224	63,196	36,222	45,067	-1,143	-2,658	-3,129	1,133,461
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-45,297	-31,387	18,996	19,039	-94,116	-128,967	-18,224	63,196	36,222	45,067	-1,143	-2,658	-3,129	1,133,461
Employee Costs	124,637	147,032	114,699	117,086	113,797	111,187	106,399	105,673	78,319	78,451	77,270	74,465	50,274	73,529
Number Of Employees	4	5	4	4	4	4	4	4	3	3	3	3	2	3
EBITDA*	-68,446	-36,196	24,182	24,662	-98,700	-132,139	-19,651	76,313	43,098	55,213	-2,743	-3,405	-4,151	1,575,380

* Earnings Before Interest, Tax, Depreciation and Amortisation

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Tangible Assets	2,665	3,418	4,019	5,365	7,152	458	611	814	1,086	1,448	1,931	2,575	3,869	4,579
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	331,000	352,000	372,000	316,000	316,000	363,000	590,000	679,479	679,479	679,479	676,565	676,565	676,565	668,616
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	333,665	355,418	376,019	321,365	323,152	363,458	590,611	680,293	680,565	680,927	678,496	679,140	680,434	673,195
Stock & work in progress	145,227	114,410	93,212	110,636	123,903	112,466	96,522	78,457	95,502	101,363	98,291	95,469	87,311	69,371
Trade Debtors	32,400	31,176	22,396	10,655	11,412	24,382	11,503	16,943	25,131	24,280	26,011	24,011	16,016	31,491
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	1,935	3,228	275	0	0	60,844	17,685	800	0	0	0	0	0	0
Cash	502,797	559,519	603,277	628,663	630,284	675,481	654,659	649,634	531,789	484,906	441,867	455,916	480,478	473,283
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	682,359	708,333	719,160	749,954	765,599	873,173	780,369	745,834	652,422	610,549	566,169	575,396	583,805	574,145
total assets	1,016,024	1,063,751	1,095,179	1,071,319	1,088,751	1,236,631	1,370,980	1,426,127	1,332,987	1,291,476	1,244,665	1,254,536	1,264,239	1,247,340
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	376	1,920	328	1,425	31,592	47,739	48,539	57,957	124,667	119,378	117,634	126,362	133,407	113,379
Group/Directors Accounts	53	206	4	383	5,153	30,357	39,001	43,408	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	24,035	24,768	25,839	19,244	20,374	34,210	30,148	53,083	0	0	0	0	0	0
total current liabilities	24,464	26,894	26,171	21,052	57,119	112,306	117,688	154,448	124,667	119,378	117,634	126,362	133,407	113,379
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	0	0	764	1,019	1,423	0	0	163	0	0	0	0	0	0
total long term liabilities	0	0	764	1,019	1,423	0	0	163	0	0	0	0	0	0
total liabilities	24,464	26,894	26,935	22,071	58,542	112,306	117,688	154,611	124,667	119,378	117,634	126,362	133,407	113,379
net assets	991,560	1,036,857	1,068,244	1,049,248	1,030,209	1,124,325	1,253,292	1,271,516	1,208,320	1,172,098	1,127,031	1,128,174	1,130,832	1,133,961
total shareholders funds	991,560	1,036,857	1,068,244	1,049,248	1,030,209	1,124,325	1,253,292	1,271,516	1,208,320	1,172,098	1,127,031	1,128,174	1,130,832	1,133,961

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Operating Activities
Operating Profit	-69,199	-37,201	22,836	22,875	-99,013	-132,292	-19,854	76,041	42,736	54,730	-3,387	-4,999	-5,513	1,573,068
Depreciation	753	1,005	1,346	1,787	313	153	203	272	362	483	644	1,594	1,362	2,312
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	-4,456	-4,466	0	0	0	-15,799	-9,055	-11,980	0	0	0	-440,790
Stock	30,817	21,198	-17,424	-13,267	11,437	15,944	18,065	-17,045	-5,861	3,072	2,822	8,158	17,940	69,371
Debtors	-69	11,733	12,016	-757	-73,814	56,038	11,445	-7,388	851	-1,731	2,000	7,995	-15,475	31,491
Creditors	-1,544	1,592	-1,097	-30,167	-16,147	-800	-9,418	-66,710	5,289	1,744	-8,728	-7,045	20,028	113,379
Accruals and Deferred Income	-733	-1,071	6,595	-1,130	-13,836	4,062	-22,935	53,083	0	0	0	0	0	0
Deferred Taxes & Provisions	0	-764	-255	-404	1,423	0	-163	163	0	0	0	0	0	0
Cash flow from operations	-101,471	-69,370	30,377	2,519	-64,883	-200,859	-81,677	71,483	44,342	43,636	-16,293	-26,603	13,412	1,147,107
Investing Activities
capital expenditure	0	-404	0	0	-7,007	0	0	0	0	0	0	-300	-652	-6,891
Change in Investments	-21,000	-20,000	56,000	0	-47,000	-227,000	-89,479	0	0	2,914	0	0	7,949	668,616
cash flow from investments	21,000	19,596	-56,000	0	39,993	227,000	89,479	0	0	-2,914	0	-300	-8,601	-675,507
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-153	202	-379	-4,770	-25,204	-8,644	-4,407	43,408	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	500
interest	23,902	5,814	616	629	4,897	3,325	1,630	2,954	2,542	2,317	2,244	2,341	2,384	1,183
cash flow from financing	23,749	6,016	237	-4,141	-20,307	-5,319	-2,777	46,362	2,542	2,317	2,244	2,341	2,384	1,683
cash and cash equivalents
cash	-56,722	-43,758	-25,386	-1,621	-45,197	20,822	5,025	117,845	46,883	43,039	-14,049	-24,562	7,195	473,283
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-56,722	-43,758	-25,386	-1,621	-45,197	20,822	5,025	117,845	46,883	43,039	-14,049	-24,562	7,195	473,283

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 norman motors 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 NW6 area or any other competitors across 12 key performance metrics.

NORMAN MOTORS LIMITED group structure

Norman Motors Limited has no subsidiary companies.

Ultimate parent company

NORMAN MOTORS LIMITED

02021310

NORMAN MOTORS LIMITED Shareholders

kenneth shawn norman	99.8%
margaret patricia norman	0.2%

Norman Motors Limited currently has 1 director, Mr Kenneth Norman serving since Dec 1990.

officer	country	age	start	end	role
Mr Kenneth Norman	England	77 years	Dec 1990	-	Director

P&L

May 2023

turnover

364k

+1%

operating profit

-69.2k

gross margin

28.5%

-4.7%

turnover

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

Balance Sheet

May 2023

net assets

991.6k

-0.04%

total assets

-0.04%

cash

502.8k

-0.1%

net assets

Total assets minus all liabilities

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company number

02021310

Type

Private limited with Share Capital

industry

45320 - Retail trade of motor vehicle parts and accessories

45310 - Wholesale trade of motor vehicle parts and accessories

incorporation date

May 1986

ultimate parent company

None

previous names

N/A

address

100 mill lane, london, NW6 1NF

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norman motors limited Company Information

norman motors limited Estimated Valuation

norman motors limited Estimated Valuation

norman motors limited Estimated Valuation

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