international tyres & trading limitedEstimated Valuation
£20.8m
Pomanda estimates the enterprise value of INTERNATIONAL TYRES & TRADING LIMITED at £20.8m based on a Turnover of £47.5m and 0.44x industry multiple (adjusted for size and gross margin).
international tyres & trading limitedEstimated Valuation
£10.5m
Pomanda estimates the enterprise value of INTERNATIONAL TYRES & TRADING LIMITED at £10.5m based on an EBITDA of £1.9m and a 5.39x industry multiple (adjusted for size and gross margin).
international tyres & trading limitedEstimated Valuation
£16m
Pomanda estimates the enterprise value of INTERNATIONAL TYRES & TRADING LIMITED at £16m based on Net Assets of £6.8m and 2.36x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
International Tyres & Trading LimitedOverview
International Tyres & Trading Limited is a live company located in warley w midlands, B65 0LJ with a Companies House number of 02567157. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in December 1990, it's largest shareholder is
paul john jackson
with a 50% stake. International Tyres & Trading Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£47.5m with
healthy
growth in recent years.
International Tyres & Trading Limited Health Check
Pomanda's financial health check has awarded International Tyres & Trading Limited a 4 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 Rating4out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £47.5m, make it larger than the average company (£2.5m)
£47.5m - International Tyres & Trading Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (10.3%)
15% - International Tyres & Trading Limited
10.3% - Industry AVG
Production
with a gross margin of 11.1%, this company has a higher cost of product (26.9%)
11.1% - International Tyres & Trading Limited
26.9% - Industry AVG
Profitability
an operating margin of 3.9% make it as profitable than the average company (4.6%)
3.9% - International Tyres & Trading Limited
4.6% - Industry AVG
Employees
with 46 employees, this is above the industry average (32)
46 - International Tyres & Trading Limited
32 - Industry AVG
Pay Structure
on an average salary of £40.5k, the company has a higher pay structure (£31k)
£40.5k - International Tyres & Trading Limited
£31k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£174k)
£1m - International Tyres & Trading Limited
£174k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (36 days)
75 days - International Tyres & Trading Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is close to average (48 days)
52 days - International Tyres & Trading Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 103 days, this is more than average (62 days)
103 days - International Tyres & Trading Limited
62 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - International Tyres & Trading Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.5%, this is a similar level of debt than the average (68%)
74.5% - International Tyres & Trading Limited
68% - Industry AVG
INTERNATIONAL TYRES & TRADING LIMITED financials
EXPORT
International Tyres & Trading Limited's latest turnover from February 2024 is £47.5 million and the company has net assets of £6.8 million. According to their latest financial statements, International Tyres & Trading Limited has 46 employees and maintains cash reserves of £193.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
47,456,204
54,611,499
52,282,078
31,349,678
25,904,614
27,159,772
26,349,631
23,004,022
19,236,876
16,166,235
16,262,929
13,059,722
13,801,855
11,935,380
10,529,547
Other Income Or Grants
Cost Of Sales
42,208,048
50,057,691
46,814,929
28,022,130
23,078,809
23,096,711
22,703,998
19,759,131
16,502,648
13,832,306
15,039,493
12,177,960
12,878,085
11,261,674
9,861,754
Gross Profit
5,248,156
4,553,808
5,467,149
3,327,548
2,825,805
4,063,061
3,645,633
3,244,891
2,734,228
2,333,929
1,223,436
881,762
923,770
673,706
667,793
Admin Expenses
3,409,428
3,175,772
2,769,488
1,833,554
1,945,415
3,190,744
2,922,786
2,203,838
1,980,664
1,626,153
798,205
960,227
574,219
493,915
360,246
Operating Profit
1,838,728
1,378,036
2,697,661
1,493,994
880,390
872,317
722,847
1,041,053
753,564
707,776
425,231
-78,465
349,551
179,791
307,547
Interest Payable
809,953
456,868
304,043
240,836
243,338
116,053
99,063
79,852
75,168
66,156
65,730
45,884
38,655
20,614
16,326
Interest Receivable
1,776
Pre-Tax Profit
1,028,775
921,168
2,393,618
1,253,158
637,052
756,264
623,784
961,201
678,396
641,620
359,501
-124,349
310,896
159,177
292,997
Tax
-294,533
-183,352
-424,257
-243,775
-155,145
-147,463
-124,857
-205,828
-151,478
-140,050
-71,018
11,270
-88,040
-27,718
-76,364
Profit After Tax
734,242
737,816
1,969,361
1,009,383
481,907
608,801
498,927
755,373
526,918
501,570
288,483
-113,079
222,856
131,459
216,633
Dividends Paid
215,000
390,000
500,000
300,000
300,000
406,000
330,000
250,000
100,000
100,000
70,000
35,000
35,000
72,006
30,000
Retained Profit
519,242
347,816
1,469,361
709,383
181,907
202,801
168,927
505,373
426,918
401,570
218,483
-148,079
187,856
59,453
186,633
Employee Costs
1,862,138
1,775,681
1,576,390
1,113,985
1,030,068
905,380
588,665
426,371
387,621
350,908
341,228
602,000
296,384
228,564
147,036
Number Of Employees
46
46
39
31
33
31
21
16
15
15
13
15
15
11
6
EBITDA*
1,940,517
1,446,257
2,796,036
1,603,072
986,592
978,323
761,173
1,054,030
761,430
730,099
445,362
-56,493
388,482
202,656
320,497
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
4,481,070
4,380,010
3,744,494
3,477,021
3,543,383
404,244
258,088
48,691
32,063
87,067
84,058
85,627
536,191
531,528
475,982
Intangible Assets
3,900
7,800
11,700
15,600
14,800
19,600
Investments & Other
Debtors (Due After 1 year)
60,000
Total Fixed Assets
4,481,070
4,380,010
3,744,494
3,477,021
3,547,283
412,044
329,788
64,291
32,063
87,067
84,058
85,627
550,991
551,128
475,982
Stock & work in progress
12,013,660
10,137,342
11,055,206
6,319,884
5,396,325
4,919,928
3,916,882
4,568,743
3,258,418
2,613,414
2,583,205
1,658,982
1,482,811
1,095,964
783,633
Trade Debtors
9,781,161
10,119,637
10,937,507
7,165,571
5,419,990
5,358,297
5,719,933
5,551,677
4,785,177
3,845,499
3,989,969
2,883,913
2,989,094
2,591,515
2,161,292
Group Debtors
Misc Debtors
147,354
176,881
267,917
726,709
556,830
713,998
440,994
332,235
170,433
206,229
246,503
44,167
63,871
279,368
205,712
Cash
193,829
498
20,064
116,248
61,578
76,242
167,412
59,548
21,595
316,862
20,627
32,568
126,034
105,154
34,364
misc current assets
74,237
80,833
total current assets
22,136,004
20,434,358
22,280,694
14,328,412
11,434,723
11,068,465
10,245,221
10,512,203
8,235,623
7,056,241
6,921,137
4,619,630
4,661,810
4,072,001
3,185,001
total assets
26,617,074
24,814,368
26,025,188
17,805,433
14,982,006
11,480,509
10,575,009
10,576,494
8,267,686
7,143,308
7,005,195
4,705,257
5,212,801
4,623,129
3,660,983
Bank overdraft
105,980
292,754
104,256
91,177
3,286,102
3,627,396
3,692,925
2,560,555
2,156,448
2,046,902
1,364,005
1,505,392
506,013
476,984
Bank loan
106,256
68,384
73,905
Trade Creditors
6,101,125
5,558,485
8,675,966
5,381,527
3,883,372
4,307,292
3,443,237
3,774,432
3,124,977
2,913,417
3,463,252
2,007,323
1,987,404
2,627,361
1,766,224
Group/Directors Accounts
100
16,999
8,594
other short term finances
7,905,726
8,362,987
7,826,808
4,938,656
3,914,683
58,680
141,000
7,373
7,973
10,599
hp & lease commitments
50,625
48,697
35,322
63,882
83,688
85,859
23,295
3,299
3,301
11,794
15,593
15,593
15,593
11,700
other current liabilities
3,389,506
2,205,933
1,785,043
1,116,537
1,316,263
278,361
461,644
436,338
403,786
307,335
132,292
164,661
190,802
71,228
120,100
total current liabilities
17,552,962
16,468,856
18,427,395
11,606,858
9,289,183
8,016,294
7,696,572
7,906,994
6,092,619
5,388,994
5,658,039
3,559,055
3,792,547
3,309,400
2,363,308
loans
1,815,362
1,761,752
1,988,765
2,207,720
2,367,869
266,320
105,559
186,912
277,528
hp & lease commitments
305,575
229,677
155,424
4,112
38,225
121,913
40,285
275
3,574
6,873
11,792
15,266
30,858
33,152
Accruals and Deferred Income
other liabilities
provisions
151,350
81,500
52,000
54,500
63,869
35,029
7,641
10,507
14,055
18,877
16,561
2,495
total long term liabilities
2,272,287
2,072,929
2,196,189
2,266,332
2,469,963
423,262
40,285
275
11,215
17,380
11,792
29,321
155,294
236,625
280,023
total liabilities
19,825,249
18,541,785
20,623,584
13,873,190
11,759,146
8,439,556
7,736,857
7,907,269
6,103,834
5,406,374
5,669,831
3,588,376
3,947,841
3,546,025
2,643,331
net assets
6,791,825
6,272,583
5,401,604
3,932,243
3,222,860
3,040,953
2,838,152
2,669,225
2,163,852
1,736,934
1,335,364
1,116,881
1,264,960
1,077,104
1,017,652
total shareholders funds
6,791,825
6,272,583
5,401,604
3,932,243
3,222,860
3,040,953
2,838,152
2,669,225
2,163,852
1,736,934
1,335,364
1,116,881
1,264,960
1,077,104
1,017,652
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
1,838,728
1,378,036
2,697,661
1,493,994
880,390
872,317
722,847
1,041,053
753,564
707,776
425,231
-78,465
349,551
179,791
307,547
Depreciation
101,789
68,221
98,375
105,178
102,302
102,106
38,326
12,977
7,866
22,323
20,131
21,972
34,131
18,465
12,950
Amortisation
3,900
3,900
3,900
4,800
4,400
Tax
-294,533
-183,352
-424,257
-243,775
-155,145
-147,463
-124,857
-205,828
-151,478
-140,050
-71,018
11,270
-88,040
-27,718
-76,364
Stock
1,876,318
-917,864
4,735,322
923,559
476,397
1,003,046
-651,861
1,310,325
645,004
30,209
924,223
176,171
386,847
312,331
783,633
Debtors
-368,003
-908,906
3,313,144
1,915,460
-95,475
-148,632
337,015
928,302
903,882
-184,744
1,308,392
-124,885
182,082
503,879
2,367,004
Creditors
542,640
-3,117,481
3,294,439
1,498,155
-423,920
864,055
-331,195
649,455
211,560
-549,835
1,455,929
19,919
-639,957
861,137
1,766,224
Accruals and Deferred Income
1,183,573
420,890
668,506
-199,726
1,037,902
-183,283
25,306
32,552
96,451
175,043
-32,369
-26,141
119,574
-48,872
120,100
Deferred Taxes & Provisions
69,850
29,500
-2,500
-9,369
28,840
35,029
-7,641
-2,866
10,507
-14,055
-4,822
2,316
14,066
2,495
Cash flow from operations
1,933,732
422,584
-1,716,242
-190,662
1,093,347
692,247
645,273
-716,059
-633,789
380,299
-448,766
-107,553
-786,554
185,059
-1,017,685
Investing Activities
capital expenditure
-19,195
-179,816
-48,098
17,160
-25,332
-18,562
389,342
-23,372
-46,770
-485
Change in Investments
cash flow from investments
-19,195
-179,816
-48,098
17,160
-25,332
-18,562
389,342
-23,372
-46,770
-485
Financing Activities
Bank loans
-106,256
106,256
-68,384
-5,521
73,905
Group/Directors Accounts
-100
-16,899
8,405
8,594
Other Short Term Loans
-457,261
536,179
2,888,152
1,023,973
3,856,003
-82,320
141,000
-7,373
-600
-2,626
10,599
Long term loans
53,610
-227,013
-218,955
-160,149
2,101,549
266,320
-105,559
-81,353
-90,616
277,528
Hire Purchase and Lease Commitments
77,826
87,628
122,752
-53,919
-85,859
144,192
60,006
-3,301
-11,792
-8,718
-3,474
-15,592
1,599
44,852
other long term liabilities
share issue
523,163
-1
831,019
interest
-809,953
-456,868
-304,043
-240,836
-243,338
-116,053
-99,063
-79,852
-75,168
-66,156
-65,730
-45,884
-38,655
-20,614
-14,550
cash flow from financing
-1,135,778
463,089
2,381,650
675,325
5,628,355
212,139
101,943
-83,153
-86,960
-74,874
-76,677
-252,918
-118,151
26,719
1,093,997
cash and cash equivalents
cash
193,331
-19,566
-96,184
54,670
-14,664
-91,170
107,864
37,953
-295,267
296,235
-11,941
-93,466
20,880
70,790
34,364
overdraft
-186,774
188,498
104,256
-91,177
-3,194,925
-341,294
-65,529
1,132,370
404,107
109,546
682,897
-141,387
999,379
29,029
476,984
change in cash
380,105
-208,064
-200,440
145,847
3,180,261
250,124
173,393
-1,094,417
-699,374
186,689
-694,838
47,921
-978,499
41,761
-442,620
international tyres & trading 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 international tyres & trading limited. Get real-time insights into international tyres & trading limited's credit score, group structure and payment trends.
International Tyres & Trading Limited Competitor Analysis
Perform a competitor analysis for international tyres & trading limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in B65 area or any other competitors across 12 key performance metrics.
international tyres & trading limited Ownership
INTERNATIONAL TYRES & TRADING LIMITED group structure
International Tyres & Trading Limited has no subsidiary companies.
Ultimate parent company
INTERNATIONAL TYRES & TRADING LIMITED
02567157
INTERNATIONAL TYRES & TRADING LIMITED Shareholders
The largest shareholders in International Tyres & Trading Limited include Paul John Jackson and Peggy Jackson.
paul john jackson
50.02%
peggy jackson
29.99%
andrew paul jackson
19.99%
international tyres & trading limited directors
International Tyres & Trading Limited currently has 3 directors.
The longest serving directors include
Mr Paul Jackson (Dec 1991) and
Mr Andrew Jackson (Oct 2011).
international tyres & trading limited company details
company number
02567157
Type
Private limited with Share Capital
industry
45320 - Retail trade of motor vehicle parts and accessories
incorporation date
December 1990
age
35
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
February 2024
previous names
busyspeed limited (March 1991)
accountant
-
auditor
THOMAS & YOUNG LIMITED
address
station road, rowley regis, warley w midlands, B65 0LJ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
international tyres & trading 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 6 charges/mortgages relating to international tyres & trading limited. Currently there are 3 open charges and 3 have been satisfied in the past.
international tyres & trading 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.
Click to start generating capital raising & share issue transactions for INTERNATIONAL TYRES & TRADING LIMITED. This can take several minutes, an email will notify you when this has completed.
international tyres & trading limitedCompanies House Filings - See Documents
