nathaniel car sales limited

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nathaniel car sales limited Company Information

Share NATHANIEL CAR SALES LIMITED

Company Number

02100834

Shareholders

wayne griffiths

sharon rose griffiths

Group Structure

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Industry

Maintenance and repair of motor vehicles

 +3

Registered Address

david street, bridgend industrial estate, bridgend mid glamorgan, CF31 3SA

nathaniel car sales limited Estimated Valuation

£41.5m

Pomanda estimates the enterprise value of NATHANIEL CAR SALES LIMITED at £41.5m based on a Turnover of £119.8m and 0.35x industry multiple (adjusted for size and gross margin).

nathaniel car sales limited Estimated Valuation

£10.1m

Pomanda estimates the enterprise value of NATHANIEL CAR SALES LIMITED at £10.1m based on an EBITDA of £2m and a 4.98x industry multiple (adjusted for size and gross margin).

nathaniel car sales limited Estimated Valuation

£10.2m

Pomanda estimates the enterprise value of NATHANIEL CAR SALES LIMITED at £10.2m based on Net Assets of £3.8m and 2.67x industry multiple (adjusted for liquidity).

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Nathaniel Car Sales Limited Overview

Nathaniel Car Sales Limited is a live company located in bridgend mid glamorgan, CF31 3SA with a Companies House number of 02100834. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in February 1987, it's largest shareholder is wayne griffiths with a 81% stake. Nathaniel Car Sales Limited is a mature, mega sized company, Pomanda has estimated its turnover at £119.8m with high growth in recent years.

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Nathaniel Car Sales Limited Health Check

Pomanda's financial health check has awarded Nathaniel Car Sales 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 £119.8m, make it larger than the average company (£16m)

£119.8m - Nathaniel Car Sales Limited

£16m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (8.8%)

27% - Nathaniel Car Sales Limited

8.8% - Industry AVG

production

Production

with a gross margin of 3.8%, this company has a higher cost of product (20.6%)

3.8% - Nathaniel Car Sales Limited

20.6% - Industry AVG

profitability

Profitability

an operating margin of 1.5% make it less profitable than the average company (3.7%)

1.5% - Nathaniel Car Sales Limited

3.7% - Industry AVG

employees

Employees

with 131 employees, this is above the industry average (38)

131 - Nathaniel Car Sales Limited

38 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.2k, the company has an equivalent pay structure (£33.7k)

£32.2k - Nathaniel Car Sales Limited

£33.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £914.6k, this is more efficient (£354.8k)

£914.6k - Nathaniel Car Sales Limited

£354.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is near the average (21 days)

20 days - Nathaniel Car Sales Limited

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 51 days, this is slower than average (34 days)

51 days - Nathaniel Car Sales Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 62 days, this is in line with average (54 days)

62 days - Nathaniel Car Sales Limited

54 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 (8 weeks)

0 weeks - Nathaniel Car Sales Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 88.2%, this is a higher level of debt than the average (67.1%)

88.2% - Nathaniel Car Sales Limited

67.1% - Industry AVG

NATHANIEL CAR SALES LIMITED financials

EXPORTms excel logo

Nathaniel Car Sales Limited's latest turnover from December 2023 is £119.8 million and the company has net assets of £3.8 million. According to their latest financial statements, Nathaniel Car Sales Limited has 131 employees and maintains cash reserves of £6.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover119,806,508104,488,53082,239,79058,789,57340,939,12631,289,37521,632,01918,931,96817,115,98117,210,56813,338,48811,703,46112,297,27211,285,16311,333,734
Other Income Or Grants
Cost Of Sales115,284,016101,005,46379,003,14756,558,54739,014,82329,687,83020,592,89617,883,10616,256,44013,215,84710,331,3758,974,0189,392,0698,575,8549,066,987
Gross Profit4,522,4923,483,0673,236,6432,231,0261,924,3031,601,5451,039,1231,048,862859,5413,994,7213,007,1132,729,4432,905,2032,709,3092,266,747
Admin Expenses2,691,0812,012,4401,781,2191,368,7541,418,4871,089,550690,199715,407664,6433,675,0382,729,2322,584,9002,780,3542,622,1392,034,384
Operating Profit1,831,4111,470,6271,455,424862,272505,816511,995348,924333,455194,898319,683277,881144,543124,84987,170232,363
Interest Payable1,198,280505,975404,498401,742402,662303,501209,580243,678240,924199,317173,448121,030115,658177,365178,906
Interest Receivable33510556
Pre-Tax Profit633,131964,6521,050,926460,530103,154208,494139,34789,777-46,023120,366104,43823,5239,196-90,19053,463
Tax-186,841-163,455-203,882-8,85025,720-6,177-12,988-13,356-11,882-15,081-10,125-6,135
Profit After Tax446,290801,197847,044451,680128,874202,317126,35976,421-46,023108,48489,35713,3989,196-90,19047,328
Dividends Paid130,35516,55016,17822,40011,20029,86731,73427,02314,4344,978
Retained Profit315,935784,647830,866429,280117,674172,45094,62576,421-73,04694,05084,37913,3989,196-90,19047,328
Employee Costs4,212,5843,470,4773,705,4953,067,5072,604,0101,988,4501,526,9171,251,540952,3771,120,089947,087893,881885,138772,428784,826
Number Of Employees131106107967863574744514236342729
EBITDA*2,024,9791,639,0831,593,4091,002,677618,402600,634362,256400,067259,576327,514332,164194,881186,590171,624257,302

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets5,066,5544,265,3004,074,5143,535,9853,354,3262,927,7422,974,6882,684,9452,681,9802,694,5412,505,6512,081,0062,169,8622,122,8142,114,445
Intangible Assets146,131
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets5,212,6854,265,3004,074,5143,535,9853,354,3262,927,7422,974,6882,684,9452,681,9802,694,5412,505,6512,081,0062,169,8622,122,8142,114,445
Stock & work in progress19,610,88415,840,6229,875,36012,111,9506,456,9585,172,4474,163,9913,361,3992,709,5492,504,1122,038,5801,865,9011,856,9981,439,7451,590,081
Trade Debtors6,587,4001,487,0711,076,5172,778,5071,019,244591,01352,814183,71546,84669,093148,681129,649174,293197,908238,259
Group Debtors
Misc Debtors937,248786,23166,1001,025,889261,691253,35285,45390,78871,24974,62937,19271,23123,88058,28134,904
Cash6,200379,556541,48495,000102,63795,73636736436637110,37110,36510,36010,35711,325
misc current assets
total current assets27,141,73218,493,48011,559,46116,011,3467,840,5306,112,5484,302,6253,636,2662,828,0102,648,2052,234,8242,077,1462,065,5311,706,2911,874,569
total assets32,354,41722,758,78015,633,97519,547,33111,194,8569,040,2907,277,3136,321,2115,509,9905,342,7464,740,4754,158,1524,235,3933,829,1053,989,014
Bank overdraft3,130,488154,128154,128283,870130,954291,252165,517241,401307,775281,269296,122269,559317,467273,105184,647
Bank loan25,00025,00025,00025,00059,547859,286818,620797,89821,50053,482
Trade Creditors 16,155,35311,962,6715,220,84611,759,6094,637,4072,441,5911,997,8311,366,4111,142,0661,076,392498,173615,799635,399500,949337,611
Group/Directors Accounts56,92584,86851,07291,072126,673218,803226,916254,768134,062153,307250,715259,189294,577295,356294,968
other short term finances3,827,8552,909,6252,929,1052,359,5261,878,7401,628,5651,470,9841,424,4151,136,250983,29885,12777,46824,628644,145955,835
hp & lease commitments424,097314,4598,85022,46284,763132,07672,69151,67962,69150,75748,98245,91067,44159,20647,074
other current liabilities2,734,8541,255,3812,581,6441,741,2871,415,5831,221,980668,215593,997324,858345,034475,334308,377267,418241,176256,927
total current liabilities26,329,57216,681,13210,945,64516,257,8268,274,1205,959,2674,627,1543,957,6713,132,7022,949,6042,513,7392,394,9222,404,8282,035,4372,130,544
loans1,197,7421,164,3751,247,249993,8391,242,3061,362,0431,167,4801,176,7621,255,8511,208,3161,112,9821,059,4761,142,8801,132,4771,115,049
hp & lease commitments491,844714,03125,07534,50643,056175,560105,90041,80252,88243,22666,20476,49273,82156,52348,563
Accruals and Deferred Income178,571214,286250,000
other liabilities
provisions340,313276,912242,609168,629131,293157,013162,822162,821162,821
total long term liabilities2,208,4702,369,6041,764,9331,196,9741,416,6551,694,6161,436,2021,381,3851,471,5541,251,5421,179,1861,135,9681,216,7011,189,0001,163,612
total liabilities28,538,04219,050,73612,710,57817,454,8009,690,7757,653,8836,063,3565,339,0564,604,2564,201,1463,692,9253,530,8903,621,5293,224,4373,294,156
net assets3,816,3753,708,0442,923,3972,092,5311,504,0811,386,4071,213,957982,155905,7341,141,6001,047,550627,262613,864604,668694,858
total shareholders funds3,816,3753,708,0442,923,3972,092,5311,504,0811,386,4071,213,957982,155905,7341,141,6001,047,550627,262613,864604,668694,858
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,831,4111,470,6271,455,424862,272505,816511,995348,924333,455194,898319,683277,881144,543124,84987,170232,363
Depreciation193,568168,456137,985140,405112,58688,63913,33266,61264,6787,83154,28350,33861,74184,45424,939
Amortisation
Tax-186,841-163,455-203,882-8,85025,720-6,177-12,988-13,356-11,882-15,081-10,125-6,135
Stock3,770,2625,965,262-2,236,5905,654,9921,284,5111,008,456802,592651,850205,437465,532172,6798,903417,253-150,3361,590,081
Debtors5,251,3461,130,685-2,661,7792,523,461436,570706,098-136,236156,408-25,627-42,151-15,0072,707-58,016-16,974273,163
Creditors4,192,6826,741,825-6,538,7637,122,2022,195,816443,760631,420224,34565,674578,219-117,626-19,600134,450163,338337,611
Accruals and Deferred Income1,443,758-1,361,9771,090,357325,704193,603553,76574,218269,139-20,176-130,300166,95740,95926,242-15,751256,927
Deferred Taxes & Provisions63,40134,30373,98037,336-25,720-5,8091162,821
Cash flow from operations-1,483,629-206,168913,470300,6161,286,740-128,381388,55171,937288,085340,170208,742194,505-11,955486,521-1,017,539
Investing Activities
capital expenditure-44,796-229,728-47,637-51,696-206,557-109,9683,158-108,789-92,821-76,814
Change in Investments
cash flow from investments-44,796-229,728-47,637-51,696-206,557-109,9683,158-108,789-92,821-76,814
Financing Activities
Bank loans-25,000-34,547-799,73940,66620,722776,398-31,98253,482
Group/Directors Accounts-27,94333,796-40,000-35,601-92,130-8,113-27,852120,706-19,245-97,408-8,474-35,388-779388294,968
Other Short Term Loans 918,230-19,480569,579480,786250,175157,58146,569288,165152,952898,1717,65952,840-619,517-311,690955,835
Long term loans33,367-82,874253,410-248,467-119,737194,563-9,282-79,08947,53595,33453,506-83,40410,40317,4281,115,049
Hire Purchase and Lease Commitments-112,549994,565-23,043-70,851-179,817129,04585,110-22,09221,590-21,203-7,216-18,86025,53320,09295,637
other long term liabilities
share issue-207,604159,170137,177-162,820335,909647,530
interest-1,198,280-505,975-404,498-401,742-402,662-303,501-209,577-243,678-240,921-199,317-173,443-121,020-115,653-177,360-178,900
cash flow from financing-594,779420,032355,448-116,705-569,171169,57522,14564,012-235,456-124,162248,607-185,11076,385-483,1242,983,601
cash and cash equivalents
cash-373,356-161,928446,484-7,6376,90195,3693-2-5-10,000653-96811,325
overdraft2,976,360-129,742152,916-160,298125,735-75,884-66,37426,506-14,85326,563-47,90844,36288,458184,647
change in cash-3,349,716-161,928576,226-160,553167,199-30,36675,88766,372-26,5114,853-26,55747,913-44,359-89,426-173,322

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Nathaniel Car Sales Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nathaniel car sales limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in CF31 area or any other competitors across 12 key performance metrics.

nathaniel car sales limited Ownership

NATHANIEL CAR SALES LIMITED group structure

Nathaniel Car Sales Limited has no subsidiary companies.

Ultimate parent company

NATHANIEL CAR SALES LIMITED

02100834

NATHANIEL CAR SALES LIMITED Shareholders

wayne griffiths 81%
sharon rose griffiths 19%

nathaniel car sales limited directors

Nathaniel Car Sales Limited currently has 3 directors. The longest serving directors include Mr Wayne Griffiths (Feb 1992) and Mr Nathan Griffiths (Jan 2024).

officercountryagestartendrole
Mr Wayne Griffiths67 years Feb 1992- Director
Mr Nathan GriffithsUnited Kingdom45 years Jan 2024- Director
Mr Paul BrigdenUnited Kingdom58 years Aug 2024- Director

P&L

December 2023

turnover

119.8m

+15%

operating profit

1.8m

+25%

gross margin

3.8%

+13.24%

turnover

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

Balance Sheet

December 2023

net assets

3.8m

+0.03%

total assets

32.4m

+0.42%

cash

6.2k

-0.98%

net assets

Total assets minus all liabilities

nathaniel car sales limited company details

company number

02100834

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

45111 - Sale of new cars and light motor vehicles

45320 - Retail trade of motor vehicle parts and accessories

incorporation date

February 1987

age

38

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

R H JEFFS & ROWE

address

david street, bridgend industrial estate, bridgend mid glamorgan, CF31 3SA

Bank

BARCLAYS BANK PLC, BARCLAYS BANK PLC, BARCLAYS BANK PLC

Legal Advisor

-

nathaniel car sales 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 23 charges/mortgages relating to nathaniel car sales limited. Currently there are 8 open charges and 15 have been satisfied in the past.

nathaniel car sales 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.

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nathaniel car sales limited Companies House Filings - See Documents

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