Pomanda estimates the enterprise value of CLASSIC FORK TRUCKS (HIRE) LIMITED at £106.5k based on a Turnover of £221.9k and 0.48x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CLASSIC FORK TRUCKS (HIRE) LIMITED at £0 based on an EBITDA of £-10.1k and a 2.25x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CLASSIC FORK TRUCKS (HIRE) LIMITED at £39.9k based on Net Assets of £19.6k and 2.03x industry multiple (adjusted for liquidity).
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Classic Fork Trucks (hire) LimitedOverview
Classic Fork Trucks (hire) Limited is a live company located in nuneaton, CV11 6RY with a Companies House number of 02262516. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in May 1988, it's largest shareholder is
garry smith
with a 50% stake. Classic Fork Trucks (hire) Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£221.9k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Classic Fork Trucks (Hire) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £221.9k, make it smaller than the average company (£10.6m)
£221.9k - Classic Fork Trucks (hire) Limited
£10.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (8.4%)
14% - Classic Fork Trucks (hire) Limited
8.4% - Industry AVG
Production
with a gross margin of 29.5%, this company has a higher cost of product (46.1%)
29.5% - Classic Fork Trucks (hire) Limited
46.1% - Industry AVG
Profitability
an operating margin of -4.6% make it less profitable than the average company (11.7%)
-4.6% - Classic Fork Trucks (hire) Limited
11.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (62)
2 - Classic Fork Trucks (hire) Limited
62 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
£47.9k - Classic Fork Trucks (hire) Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £110.9k, this is less efficient (£230.6k)
£110.9k - Classic Fork Trucks (hire) Limited
£230.6k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (50 days)
67 days - Classic Fork Trucks (hire) Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 240 days, this is slower than average (54 days)
240 days - Classic Fork Trucks (hire) Limited
54 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Classic Fork Trucks (hire) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Classic Fork Trucks (hire) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.5%, this is a higher level of debt than the average (65%)
84.5% - Classic Fork Trucks (hire) Limited
65% - Industry AVG
CLASSIC FORK TRUCKS (HIRE) LIMITED financials
EXPORT
Classic Fork Trucks (Hire) Limited's latest turnover from June 2024 is estimated at £221.9 thousand and the company has net assets of £19.6 thousand. According to their latest financial statements, Classic Fork Trucks (Hire) Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
221,900
151,099
195,442
149,188
249,660
257,627
328,243
535,032
332,959
229,727
159,362
150,716
338,124
411,886
202,218
Other Income Or Grants
Cost Of Sales
156,406
107,829
141,825
114,043
186,947
187,730
243,093
396,773
240,220
167,758
117,651
109,062
68,179
87,233
144,243
Gross Profit
65,494
43,270
53,617
35,145
62,713
69,897
85,151
138,259
92,739
61,969
41,711
41,654
269,945
324,653
57,975
Admin Expenses
75,614
4,071
53,561
35,742
62,757
83,686
102,326
120,462
97,736
41,358
46,529
72,267
254,309
262,732
-177,457
Operating Profit
-10,120
39,199
56
-597
-44
-13,789
-17,175
17,797
-4,997
20,611
-4,818
-30,613
15,636
61,921
235,432
Interest Payable
1,026
663
Interest Receivable
14
35
8
87
372
Pre-Tax Profit
-10,120
39,199
56
-597
-44
-13,789
-17,175
17,811
-4,962
20,619
-4,818
-30,526
15,636
61,921
235,804
Tax
-9,800
-11
-3,384
-4,124
-3,095
-12,942
-66,025
Profit After Tax
-10,120
29,399
45
-597
-44
-13,789
-17,175
14,427
-4,962
16,495
-4,818
-30,526
12,541
48,979
169,779
Dividends Paid
20,000
50,000
Retained Profit
-10,120
29,399
45
-597
-44
-13,789
-17,175
14,427
-4,962
16,495
-4,818
-30,526
-7,459
-1,021
169,779
Employee Costs
95,709
89,373
129,660
80,174
117,927
117,577
189,466
291,512
71,341
36,170
36,003
34,549
157,963
175,420
32,633
Number Of Employees
2
2
3
2
3
3
5
8
2
1
1
1
2
2
1
EBITDA*
-10,120
39,199
56
-597
-44
-13,789
-17,175
17,797
42,522
38,174
-2,375
-26,256
22,836
70,604
239,944
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
85,553
101,864
84,736
81,864
77,670
83,103
78,175
98,116
29,970
52,689
9,771
17,432
21,789
30,119
16,277
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
85,553
101,864
84,736
81,864
77,670
83,103
78,175
98,116
29,970
52,689
9,771
17,432
21,789
30,119
16,277
Stock & work in progress
28,495
19,914
20,800
6,330
7,395
3,559
2,123
Trade Debtors
41,254
16,143
23,317
21,425
38,714
47,275
53,019
101,465
83,808
60,830
38,315
40,356
37,725
50,930
60,426
Group Debtors
Misc Debtors
8,430
8,605
Cash
11,070
3,059
28
34,815
147,776
148,726
misc current assets
3,461
2,876
9,404
8,716
total current assets
41,254
16,143
23,317
21,425
38,714
47,275
56,480
104,341
123,373
83,803
68,547
55,402
88,365
210,870
211,275
total assets
126,807
118,007
108,053
103,289
116,384
130,378
134,655
202,457
153,343
136,492
78,318
72,834
110,154
240,989
227,552
Bank overdraft
Bank loan
Trade Creditors
102,931
76,646
73,451
74,434
82,606
93,585
76,067
116,838
135,755
99,339
72,263
57,603
21,056
25,374
48,334
Group/Directors Accounts
2,198
4,251
7,373
other short term finances
hp & lease commitments
other current liabilities
41,143
36,482
total current liabilities
102,931
76,646
73,451
74,434
82,606
93,585
76,067
116,838
135,755
99,339
72,263
57,603
64,397
66,107
55,707
loans
hp & lease commitments
Accruals and Deferred Income
1,464
1,890
3,700
4,595
4,050
2,150
1,900
3,315
other liabilities
2,778
9,717
30,547
23,950
28,821
33,692
41,948
50,389
14,603
provisions
4,358
4,358
6,024
1,966
total long term liabilities
4,242
11,607
34,247
28,545
32,871
35,842
43,848
53,704
14,603
4,358
4,358
6,024
1,966
total liabilities
107,173
88,253
107,698
102,979
115,477
129,427
119,915
170,542
135,755
113,942
72,263
61,961
68,755
72,131
57,673
net assets
19,634
29,754
355
310
907
951
14,740
31,915
17,588
22,550
6,055
10,873
41,399
168,858
169,879
total shareholders funds
19,634
29,754
355
310
907
951
14,740
31,915
17,588
22,550
6,055
10,873
41,399
168,858
169,879
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
-10,120
39,199
56
-597
-44
-13,789
-17,175
17,797
-4,997
20,611
-4,818
-30,613
15,636
61,921
235,432
Depreciation
47,519
17,563
2,443
4,357
7,200
8,683
4,512
Amortisation
Tax
-9,800
-11
-3,384
-4,124
-3,095
-12,942
-66,025
Stock
-28,495
8,581
-886
14,470
-1,065
3,836
1,436
2,123
Debtors
25,111
-7,174
1,892
-17,289
-8,561
-5,744
-48,446
17,657
22,978
22,515
-2,041
-5,799
-13,380
-891
60,426
Creditors
26,285
3,195
-983
-8,172
-10,979
17,518
-40,771
-18,917
36,416
27,076
14,660
36,547
-4,318
-22,960
48,334
Accruals and Deferred Income
-426
-1,810
-895
545
1,900
250
-1,415
3,315
-41,143
4,661
36,482
Deferred Taxes & Provisions
-4,358
-1,666
4,058
1,966
Cash flow from operations
-9,372
37,958
-3,725
9,065
-562
9,723
-10,915
9,649
47,379
39,497
-4,502
-23,988
27,962
74,697
161,670
Investing Activities
capital expenditure
16,311
-17,128
-2,872
-4,194
5,433
-4,928
19,941
-68,146
-24,800
-60,481
5,218
1,130
-22,525
-20,789
Change in Investments
cash flow from investments
16,311
-17,128
-2,872
-4,194
5,433
-4,928
19,941
-68,146
-24,800
-60,481
5,218
1,130
-22,525
-20,789
Financing Activities
Bank loans
Group/Directors Accounts
-2,198
-2,053
-3,122
7,373
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-6,939
-20,830
6,597
-4,871
-4,871
-8,256
-8,441
50,389
-14,603
14,603
share issue
-100
-120,000
100
interest
14
35
8
87
-1,026
-663
372
cash flow from financing
-6,939
-20,830
6,597
-4,871
-4,871
-8,256
-8,441
50,303
-14,568
14,611
-2,111
-123,079
-3,785
7,845
cash and cash equivalents
cash
-11,070
8,011
3,031
28
-34,815
-112,961
-950
148,726
overdraft
change in cash
-11,070
8,011
3,031
28
-34,815
-112,961
-950
148,726
classic fork trucks (hire) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for classic fork trucks (hire) limited. Get real-time insights into classic fork trucks (hire) limited's credit score, group structure and payment trends.
Perform a competitor analysis for classic fork trucks (hire) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CV11 area or any other competitors across 12 key performance metrics.
classic fork trucks (hire) limited Ownership
CLASSIC FORK TRUCKS (HIRE) LIMITED group structure
Classic Fork Trucks (Hire) Limited has no subsidiary companies.
Ultimate parent company
CLASSIC FORK TRUCKS (HIRE) LIMITED
02262516
CLASSIC FORK TRUCKS (HIRE) LIMITED Shareholders
The largest shareholders in Classic Fork Trucks (Hire) Limited include Garry Smith and Lauran Shelton-Smith.
garry smith
50%
lauran shelton-smith
50%
classic fork trucks (hire) limited directors
Classic Fork Trucks (Hire) Limited currently has 2 directors.
The longest serving directors include
Mr Garry Smith (May 1991) and
Mrs Lauran Shelton-Smith (Jan 2018).
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 classic fork trucks (hire) limited. Currently there are 0 open charges and 2 have been satisfied in the past.
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.
Click to start generating capital raising & share issue transactions for CLASSIC FORK TRUCKS (HIRE) LIMITED. This can take several minutes, an email will notify you when this has completed.
classic fork trucks (hire) limitedCompanies House Filings - See Documents
