helston garages group (management) limited
helston garages group (management) limited Company Information
Company Number
02113367
Website
https://www.vertumotors.comRegistered Address
vertu house, fifth avenue business park, gateshead, tyne and wear, NE11 0XA
Industry
Activities of head offices
Telephone
01326555700
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
helston garages group limited 100%
helston garages group (management) limited Estimated Valuation
Pomanda estimates the enterprise value of HELSTON GARAGES GROUP (MANAGEMENT) LIMITED at £189.4m based on a Turnover of £61m and 3.1x industry multiple (adjusted for size and gross margin).
helston garages group (management) limited Estimated Valuation
Pomanda estimates the enterprise value of HELSTON GARAGES GROUP (MANAGEMENT) LIMITED at £1.4m based on an EBITDA of £267k and a 5.32x industry multiple (adjusted for size and gross margin).
helston garages group (management) limited Estimated Valuation
Pomanda estimates the enterprise value of HELSTON GARAGES GROUP (MANAGEMENT) LIMITED at £13.9m based on Net Assets of £3.5m and 3.95x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Helston Garages Group (management) 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.
Helston Garages Group (management) Limited Overview
Helston Garages Group (management) Limited is a live company located in gateshead, NE11 0XA with a Companies House number of 02113367. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 1987, it's largest shareholder is helston garages group limited with a 100% stake. Helston Garages Group (management) Limited is a mature, large sized company, Pomanda has estimated its turnover at £61m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Helston Garages Group (management) Limited Health Check
Pomanda's financial health check has awarded Helston Garages Group (Management) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £61m, make it larger than the average company (£20.4m)
£61m - Helston Garages Group (management) Limited
£20.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (4%)
19% - Helston Garages Group (management) Limited
4% - Industry AVG
Production
with a gross margin of 0.5%, this company has a higher cost of product (32.9%)
0.5% - Helston Garages Group (management) Limited
32.9% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (5.9%)
0.4% - Helston Garages Group (management) Limited
5.9% - Industry AVG
Employees
with 956 employees, this is above the industry average (120)
956 - Helston Garages Group (management) Limited
120 - Industry AVG
Pay Structure
on an average salary of £44.6k, the company has an equivalent pay structure (£45.3k)
£44.6k - Helston Garages Group (management) Limited
£45.3k - Industry AVG
Efficiency
resulting in sales per employee of £63.8k, this is less efficient (£185k)
£63.8k - Helston Garages Group (management) Limited
£185k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is near the average (47 days)
43 days - Helston Garages Group (management) Limited
47 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Helston Garages Group (management) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Helston Garages Group (management) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (16 weeks)
5 weeks - Helston Garages Group (management) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.7%, this is a similar level of debt than the average (57%)
58.7% - Helston Garages Group (management) Limited
57% - Industry AVG
helston garages group (management) limited Credit Report and Business Information
Helston Garages Group (management) Limited Competitor Analysis
Perform a competitor analysis for helston garages group (management) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
helston garages group (management) limited Ownership
HELSTON GARAGES GROUP (MANAGEMENT) LIMITED group structure
Helston Garages Group (Management) Limited has no subsidiary companies.
Ultimate parent company
2 parents
HELSTON GARAGES GROUP (MANAGEMENT) LIMITED
02113367
helston garages group (management) limited directors
Helston Garages Group (Management) Limited currently has 3 directors. The longest serving directors include Mr David Crane (Jan 2023) and Mr Robert Forrester (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Crane | United Kingdom | 56 years | Jan 2023 | - | Director |
| Mr Robert Forrester | United Kingdom | 54 years | Jan 2023 | - | Director |
| Ms Karen Anderson | United Kingdom | 52 years | Jan 2023 | - | Director |
HELSTON GARAGES GROUP (MANAGEMENT) LIMITED financials
Helston Garages Group (Management) Limited's latest turnover from February 2023 is £61 million and the company has net assets of £3.5 million. According to their latest financial statements, Helston Garages Group (Management) Limited has 956 employees and maintains cash reserves of £575 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | 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 | 61,021,000 | 50,311,000 | 36,435,000 | 34,434,000 | 32,777,000 | 31,203,000 | 28,668,000 | 25,871,000 | 23,549,000 | 21,399,000 | 20,547,000 | 19,475,000 | 20,266,000 | 17,639,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 60,745,000 | 51,170,000 | 42,052,000 | 34,115,000 | 32,499,000 | 30,951,000 | 28,425,000 | 25,643,000 | 23,297,000 | 21,104,000 | 20,248,000 | 19,186,000 | 19,994,000 | 17,383,000 |
| Gross Profit | 276,000 | -859,000 | -5,617,000 | 319,000 | 278,000 | 252,000 | 243,000 | 228,000 | 252,000 | 295,000 | 299,000 | 289,000 | 272,000 | 256,000 |
| Admin Expenses | 9,000 | -1,063,000 | -5,863,000 | 5,000 | 5,000 | 5,000 | 4,000 | 3,000 | 8,000 | 7,000 | 7,000 | 8,000 | 7,000 | 12,000 |
| Operating Profit | 267,000 | 204,000 | 246,000 | 314,000 | 273,000 | 247,000 | 239,000 | 225,000 | 244,000 | 288,000 | 292,000 | 281,000 | 265,000 | 244,000 |
| Interest Payable | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 4,000 | 4,000 |
| Interest Receivable | 250,000 | 190,000 | 60,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 2,000 | 0 | 0 |
| Pre-Tax Profit | 517,000 | 394,000 | 304,000 | 314,000 | 273,000 | 247,000 | 239,000 | 225,000 | 244,000 | 289,000 | 291,000 | 283,000 | 261,000 | 240,000 |
| Tax | -98,000 | -69,000 | -57,000 | -60,000 | -52,000 | -48,000 | -48,000 | -45,000 | -52,000 | -67,000 | -71,000 | -75,000 | -73,000 | -67,000 |
| Profit After Tax | 419,000 | 325,000 | 247,000 | 254,000 | 221,000 | 199,000 | 191,000 | 180,000 | 192,000 | 222,000 | 220,000 | 208,000 | 188,000 | 173,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000,000 | 0 | 0 | 0 | 0 |
| Retained Profit | 419,000 | 325,000 | 247,000 | 254,000 | 221,000 | 199,000 | 191,000 | 180,000 | 192,000 | -778,000 | 220,000 | 208,000 | 188,000 | 173,000 |
| Employee Costs | 42,637,000 | 32,523,000 | 32,629,000 | 34,115,000 | 32,499,000 | 30,951,000 | 28,425,000 | 25,643,000 | 23,297,000 | 21,104,000 | 20,248,000 | 19,186,000 | 19,994,000 | 17,383,000 |
| Number Of Employees | 956 | 980 | 1,094 | 1,145 | 1,130 | 1,093 | 1,033 | 945 | 880 | 813 | 817 | 764 | 781 | 722 |
| EBITDA* | 267,000 | 204,000 | 246,000 | 314,000 | 273,000 | 247,000 | 239,000 | 225,000 | 244,000 | 288,000 | 292,000 | 281,000 | 265,000 | 244,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,217,000 | 8,598,000 | 6,845,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 674,000 | 0 | 0 | 2,322,000 | 2,104,000 | 1,921,000 | 1,676,000 | 1,525,000 | 1,233,000 | 1,226,000 | 1,986,000 | 2,361,000 | 2,173,000 | 2,010,000 |
| Misc Debtors | 58,000 | 39,000 | 189,000 | 54,000 | 54,000 | 51,000 | 37,000 | 31,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 575,000 | 1,310,000 | 992,000 | 927,000 | 836,000 | 783,000 | 809,000 | 758,000 | 786,000 | 579,000 | 601,000 | 4,000 | 46,000 | 5,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,524,000 | 9,947,000 | 8,026,000 | 3,303,000 | 2,994,000 | 2,755,000 | 2,522,000 | 2,314,000 | 2,019,000 | 1,805,000 | 2,587,000 | 2,365,000 | 2,219,000 | 2,015,000 |
| total assets | 8,524,000 | 9,947,000 | 8,026,000 | 3,303,000 | 2,994,000 | 2,755,000 | 2,522,000 | 2,314,000 | 2,019,000 | 1,805,000 | 2,587,000 | 2,365,000 | 2,219,000 | 2,015,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 4,385,000 | 5,314,000 | 3,893,000 | 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 | 619,000 | 1,532,000 | 1,357,000 | 774,000 | 719,000 | 701,000 | 667,000 | 650,000 | 535,000 | 513,000 | 517,000 | 515,000 | 577,000 | 561,000 |
| total current liabilities | 5,004,000 | 6,846,000 | 5,250,000 | 774,000 | 719,000 | 701,000 | 667,000 | 650,000 | 535,000 | 513,000 | 517,000 | 515,000 | 577,000 | 561,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,004,000 | 6,846,000 | 5,250,000 | 774,000 | 719,000 | 701,000 | 667,000 | 650,000 | 535,000 | 513,000 | 517,000 | 515,000 | 577,000 | 561,000 |
| net assets | 3,520,000 | 3,101,000 | 2,776,000 | 2,529,000 | 2,275,000 | 2,054,000 | 1,855,000 | 1,664,000 | 1,484,000 | 1,292,000 | 2,070,000 | 1,850,000 | 1,642,000 | 1,454,000 |
| total shareholders funds | 3,520,000 | 3,101,000 | 2,776,000 | 2,529,000 | 2,275,000 | 2,054,000 | 1,855,000 | 1,664,000 | 1,484,000 | 1,292,000 | 2,070,000 | 1,850,000 | 1,642,000 | 1,454,000 |
| Feb 2023 | 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 | 267,000 | 204,000 | 246,000 | 314,000 | 273,000 | 247,000 | 239,000 | 225,000 | 244,000 | 288,000 | 292,000 | 281,000 | 265,000 | 244,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -98,000 | -69,000 | -57,000 | -60,000 | -52,000 | -48,000 | -48,000 | -45,000 | -52,000 | -67,000 | -71,000 | -75,000 | -73,000 | -67,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 7,949,000 | 1,603,000 | 4,658,000 | 218,000 | 186,000 | 259,000 | 157,000 | 323,000 | 7,000 | -760,000 | -375,000 | 188,000 | 163,000 | 2,010,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 619,000 | 175,000 | 583,000 | 55,000 | 18,000 | 34,000 | 17,000 | 115,000 | 22,000 | -4,000 | 2,000 | -62,000 | 16,000 | 561,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -7,161,000 | -1,293,000 | -3,886,000 | 91,000 | 53,000 | -26,000 | -28,000 | 207,000 | 977,000 | 598,000 | -44,000 | 45,000 | -1,272,000 | |
| 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 | 4,385,000 | 1,421,000 | 3,893,000 | 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 | ||||||||||||||
| interest | 250,000 | 190,000 | 58,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | -1,000 | 2,000 | -4,000 | -4,000 |
| cash flow from financing | 7,736,000 | 1,611,000 | 3,951,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | -1,000 | 2,000 | -4,000 | 1,277,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 575,000 | 318,000 | 65,000 | 91,000 | 53,000 | -26,000 | 51,000 | -28,000 | 207,000 | -22,000 | 597,000 | -42,000 | 41,000 | 5,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 575,000 | 318,000 | 65,000 | 91,000 | 53,000 | -26,000 | 51,000 | -28,000 | 207,000 | -22,000 | 597,000 | -42,000 | 41,000 | 5,000 |
P&L
February 2023turnover
61m
0%
operating profit
267k
0%
gross margin
0.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
3.5m
0%
total assets
8.5m
0%
cash
575k
0%
net assets
Total assets minus all liabilities
Similar Companies
helston garages group (management) limited company details
company number
02113367
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
March 1987
age
37
accounts
Full Accounts
ultimate parent company
previous names
helston motor company limited (January 2000)
sharproute limited (October 1988)
incorporated
UK
address
vertu house, fifth avenue business park, gateshead, tyne and wear, NE11 0XA
last accounts submitted
February 2023
helston garages group (management) 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 3 charges/mortgages relating to helston garages group (management) limited. Currently there are 0 open charges and 3 have been satisfied in the past.
helston garages group (management) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
