lkq group (uk) limited

4.5

lkq group (uk) limited Company Information

Share LKQ GROUP (UK) LIMITED
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MatureMegaLow

Company Number

02680212

Registered Address

t2, birch coppice business park, danny morson way, tamworth, B78 1SE

Industry

Retail trade of motor vehicle parts and accessories

 

Telephone

02037887842

Next Accounts Due

September 2024

Group Structure

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Directors

Andrew Campbell9 Years

Annick Jourdenais6 Years

View All

Shareholders

lkq europe gmbh 100%

lkq group (uk) limited Estimated Valuation

£934.9m

Pomanda estimates the enterprise value of LKQ GROUP (UK) LIMITED at £934.9m based on a Turnover of £1.2b and 0.78x industry multiple (adjusted for size and gross margin).

lkq group (uk) limited Estimated Valuation

£1.4b

Pomanda estimates the enterprise value of LKQ GROUP (UK) LIMITED at £1.4b based on an EBITDA of £132m and a 10.5x industry multiple (adjusted for size and gross margin).

lkq group (uk) limited Estimated Valuation

£745.7m

Pomanda estimates the enterprise value of LKQ GROUP (UK) LIMITED at £745.7m based on Net Assets of £313.9m and 2.38x industry multiple (adjusted for liquidity).

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Lkq Group (uk) Limited Overview

Lkq Group (uk) Limited is a live company located in tamworth, B78 1SE with a Companies House number of 02680212. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in January 1992, it's largest shareholder is lkq europe gmbh with a 100% stake. Lkq Group (uk) Limited is a mature, mega sized company, Pomanda has estimated its turnover at £1.2b with low growth in recent years.

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Lkq Group (uk) Limited Health Check

Pomanda's financial health check has awarded Lkq Group (Uk) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £1.2b, make it larger than the average company (£7.8m)

£1.2b - Lkq Group (uk) Limited

£7.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.2%)

3% - Lkq Group (uk) Limited

4.2% - Industry AVG

production

Production

with a gross margin of 48%, this company has a lower cost of product (27.1%)

48% - Lkq Group (uk) Limited

27.1% - Industry AVG

profitability

Profitability

an operating margin of 8.9% make it more profitable than the average company (4.4%)

8.9% - Lkq Group (uk) Limited

4.4% - Industry AVG

employees

Employees

with 9195 employees, this is above the industry average (38)

9195 - Lkq Group (uk) Limited

38 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.8k, the company has an equivalent pay structure (£28.8k)

£29.8k - Lkq Group (uk) Limited

£28.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £129.7k, this is less efficient (£156.9k)

£129.7k - Lkq Group (uk) Limited

£156.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 56 days, this is later than average (41 days)

56 days - Lkq Group (uk) Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 116 days, this is slower than average (53 days)

116 days - Lkq Group (uk) Limited

53 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 147 days, this is more than average (70 days)

147 days - Lkq Group (uk) Limited

70 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (10 weeks)

7 weeks - Lkq Group (uk) Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 51.7%, this is a lower level of debt than the average (61.4%)

51.7% - Lkq Group (uk) Limited

61.4% - Industry AVG

LKQ GROUP (UK) LIMITED financials

EXPORTms excel logo

Lkq Group (Uk) Limited's latest turnover from December 2022 is £1.2 billion and the company has net assets of £313.9 million. According to their latest financial statements, Lkq Group (Uk) Limited has 9,195 employees and maintains cash reserves of £45.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,192,981,0001,137,234,0001,056,794,0001,086,499,0001,056,259,0001,018,379,000988,215,000904,671,000716,493,613586,884,501438,414,620339,606,911271,561,596186,931,749
Other Income Or Grants00000000000000
Cost Of Sales620,573,000606,546,000595,684,000620,920,000599,012,000579,956,000557,941,000510,926,000408,407,002332,930,035248,675,663190,835,027152,521,088103,160,411
Gross Profit572,408,000530,688,000461,110,000465,579,000457,247,000438,423,000430,274,000393,745,000308,086,611253,954,466189,738,957148,771,884119,040,50883,771,338
Admin Expenses465,949,000404,129,000438,355,000399,047,000400,629,000382,395,000349,710,000306,065,000244,928,393190,679,243148,116,847117,349,734103,412,08867,644,538
Operating Profit106,459,000126,559,00022,755,00066,532,00056,618,00056,028,00080,564,00087,680,00063,158,21863,275,22341,622,11031,422,15015,628,42016,126,800
Interest Payable424,000915,0003,547,0006,526,0004,521,000487,00076,00076,000253,265245,937248,008179,521131,806127,955
Interest Receivable683,000149,000702,00036,00023,000267,000663,000375,000157,765106,91532,625129,277294,8911,011,221
Pre-Tax Profit106,785,000125,793,00019,910,00060,042,00053,360,00055,808,00081,151,00087,979,00063,062,71863,136,20141,406,72731,371,90615,791,50517,010,066
Tax-20,706,000-25,351,000-13,789,000-14,001,000-11,460,000-12,855,000-16,773,000-17,273,000-13,872,645-15,113,139-10,281,975-8,357,112-4,662,705-4,480,000
Profit After Tax86,079,000100,442,0006,121,00046,041,00041,900,00042,953,00064,378,00070,706,00049,190,07348,023,06231,124,75223,014,79411,128,80012,530,066
Dividends Paid0000257,446,0000000003,000,204250,4160
Retained Profit86,079,000100,442,0006,121,00046,041,000-215,546,00042,953,00064,378,00070,706,00049,190,07348,023,06231,124,75220,014,59010,878,38412,530,066
Employee Costs274,438,000260,646,000246,621,000237,321,000221,054,000212,417,000201,347,000186,113,000148,232,288114,835,27590,525,74872,161,67656,311,98739,694,796
Number Of Employees9,1958,7419,3309,4759,4009,1518,9448,0136,9434,6403,8983,2622,5301,749
EBITDA*132,019,000151,393,00046,091,00088,315,00080,173,00075,462,00080,564,00087,680,00072,822,78970,026,87446,565,35734,982,61118,310,04817,674,143

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets104,521,000114,190,000115,595,000114,646,000120,579,000120,828,000114,071,00089,870,00054,160,55244,447,98736,321,29926,840,06122,052,58712,431,880
Intangible Assets21,467,00022,401,00024,996,00027,055,00021,492,00019,231,00011,648,00012,426,00014,568,4056,671,787314,136000
Investments & Other8,058,0008,125,0008,125,0008,125,0008,125,0005,438,00076,00076,0002,776,2742,755,24375,69575,695138,173138,173
Debtors (Due After 1 year)00000000000015,640,66314,463,132
Total Fixed Assets134,046,000144,716,000148,716,000149,826,000150,196,000145,497,000125,795,000102,372,00071,505,23153,875,01736,711,13026,915,75637,831,42327,033,185
Stock & work in progress251,350,000201,072,000215,016,000240,445,000256,567,000212,463,000224,746,000180,301,000161,666,470125,629,02386,724,19760,082,77852,547,44935,328,211
Trade Debtors183,529,000153,611,000121,012,000140,838,000133,298,000133,545,000131,287,000104,357,00097,836,27763,002,77443,424,36232,523,64722,355,20613,946,377
Group Debtors2,235,0003,672,0008,013,00077,994,00099,997,00093,580,00053,042,00024,284,00024,238,03026,706,75324,207,47532,915,66100
Misc Debtors32,357,00048,885,00046,407,00035,669,00036,837,00024,091,00020,827,00018,144,00015,419,8057,138,6815,338,2612,093,1402,828,5402,157,789
Cash45,848,00040,858,00013,243,0006,875,00029,390,0007,641,00013,837,00013,363,0009,711,8907,679,5146,255,1799,034,41414,454,70815,025,144
misc current assets00000000000000
total current assets515,319,000448,098,000403,691,000501,821,000556,089,000471,320,000443,739,000340,449,000308,872,472230,156,745165,949,474136,649,64092,185,90366,457,521
total assets649,365,000592,814,000552,407,000651,647,000706,285,000616,817,000569,534,000442,821,000380,377,703284,031,762202,660,604163,565,396130,017,32693,490,706
Bank overdraft0030,010,000247,498,000322,000,00039,837,00000000000
Bank loan00000015,287,00015,182,000352,035352,036516,174775,380801,391769,548
Trade Creditors 198,317,000158,161,000127,088,000111,841,000152,283,00097,322,000126,848,00086,187,00094,856,64682,895,30466,415,50068,740,75060,838,24842,566,514
Group/Directors Accounts10,885,0007,202,00096,516,00011,672,0005,023,00039,256,00035,203,00024,097,00034,197,29610,216,711115,91967,498129,976138,021
other short term finances307,000366,000399,0003,002,0000736,0001,300,0000195,49200000
hp & lease commitments2,398,0001,974,0001,881,000513,000621,00076,00087,000939,0001,684,8762,376,9132,674,5341,673,0571,613,044604,375
other current liabilities101,014,00093,379,00064,535,00055,155,00047,334,00053,314,00060,853,00051,538,00053,531,45339,489,60031,377,03822,890,50616,936,99211,798,639
total current liabilities312,921,000261,082,000320,429,000429,681,000527,261,000230,541,000239,578,000177,943,000184,817,798135,330,564101,099,16594,147,19180,319,65155,877,097
loans0000250,00000242,0001,933,9341,836,5211,671,0492,152,1252,955,8863,992,460
hp & lease commitments5,963,0006,579,0008,402,0003,317,0003,748,000870,0000135,00002,834,1154,069,3872,597,8992,230,667440,866
Accruals and Deferred Income10,944,00011,920,00012,594,00014,002,00017,575,00012,399,0000266,000173,50000000
other liabilities000000433,0000000000
provisions5,684,0005,459,0003,650,0003,436,0002,281,0002,291,0001,765,000976,0001,038,319997,590811,093783,023640,554188,099
total long term liabilities22,591,00023,958,00024,646,00020,755,00023,854,00015,560,0002,198,0001,619,0003,145,7535,668,2266,551,5295,533,0475,827,1074,621,425
total liabilities335,512,000285,040,000345,075,000450,436,000551,115,000246,101,000241,776,000179,562,000187,963,551140,998,790107,650,69499,680,23886,146,75860,498,522
net assets313,853,000307,774,000207,332,000201,211,000155,170,000370,716,000327,758,000263,259,000192,414,152143,032,97295,009,91063,885,15843,870,56832,992,184
total shareholders funds313,853,000307,774,000207,332,000201,211,000155,170,000370,716,000327,758,000263,259,000192,414,152143,032,97295,009,91063,885,15843,870,56832,992,184
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit106,459,000126,559,00022,755,00066,532,00056,618,00056,028,00080,564,00087,680,00063,158,21863,275,22341,622,11031,422,15015,628,42016,126,800
Depreciation20,079,00019,336,00019,168,00018,478,00019,698,00016,246,000009,172,0896,429,3794,943,2473,560,4612,681,6281,547,343
Amortisation5,481,0005,498,0004,168,0003,305,0003,857,0003,188,00000492,482322,2720000
Tax-20,706,000-25,351,000-13,789,000-14,001,000-11,460,000-12,855,000-16,773,000-17,273,000-13,872,645-15,113,139-10,281,975-8,357,112-4,662,705-4,480,000
Stock50,278,000-13,944,000-25,429,000-16,122,00044,104,000-12,283,00044,445,00018,634,53036,037,44738,904,82626,641,4197,535,32917,219,23835,328,211
Debtors11,953,00030,736,000-79,069,000-15,631,00018,916,00046,060,00058,371,0009,290,88840,645,90423,878,1105,437,65026,708,03910,257,11130,567,298
Creditors40,156,00031,073,00015,247,000-40,442,00054,961,000-29,526,00040,661,000-8,669,64611,961,34216,479,804-2,325,2507,902,50218,271,73442,566,514
Accruals and Deferred Income6,659,00028,170,0007,972,0004,248,000-804,0004,860,0009,049,000-1,900,95314,215,3538,112,5628,486,5325,953,5145,138,35311,798,639
Deferred Taxes & Provisions225,0001,809,000214,0001,155,000-10,000526,000789,000-62,31940,729186,49728,070142,469452,455188,099
Cash flow from operations96,122,000170,302,000160,233,00071,028,00059,840,0004,690,00011,474,00031,848,6648,484,21716,909,66210,393,6656,380,61610,033,5361,851,886
Investing Activities
capital expenditure-14,957,000-20,834,000-22,226,000-21,413,000-25,567,000-33,774,000-23,423,000-33,567,043-27,273,754-21,235,990-14,738,621-8,347,935-12,302,335-2,999,322
Change in Investments-67,0000002,687,0005,362,0000-2,700,27421,0312,679,5480-62,4780138,173
cash flow from investments-14,890,000-20,834,000-22,226,000-21,413,000-28,254,000-39,136,000-23,423,000-30,866,769-27,294,785-23,915,538-14,738,621-8,285,457-12,302,335-3,137,495
Financing Activities
Bank loans00000-15,287,000105,00014,829,965-1-164,138-259,206-26,01131,843769,548
Group/Directors Accounts3,683,000-89,314,00084,844,0006,649,000-34,233,0004,053,00011,106,000-10,100,29623,980,58510,100,79248,421-62,478-8,045138,021
Other Short Term Loans -59,000-33,000-2,603,0003,002,000-736,000-564,0001,300,000-195,492195,49200000
Long term loans000-250,000250,0000-242,000-1,691,93497,413165,472-481,076-803,761-1,036,5743,992,460
Hire Purchase and Lease Commitments-192,000-1,730,0006,453,000-539,0003,423,000859,000-987,000-610,876-3,526,152-1,532,8932,472,965427,2452,798,4701,045,241
other long term liabilities00000-433,000433,0000000000
share issue-80,000,00000005,000121,000138,848191,107000020,462,118
interest259,000-766,000-2,845,000-6,490,000-4,498,000-220,000587,000299,000-95,500-139,022-215,383-50,244163,085883,266
cash flow from financing-76,309,000-91,843,00085,849,0002,372,000-35,794,000-11,587,00012,423,0002,669,21520,842,9448,430,2111,565,721-515,2491,948,77927,290,654
cash and cash equivalents
cash4,990,00027,615,0006,368,000-22,515,00021,749,000-6,196,000474,0003,651,1102,032,3761,424,335-2,779,235-5,420,294-570,43615,025,144
overdraft0-30,010,000-217,488,000-74,502,000282,163,00039,837,00000000000
change in cash4,990,00057,625,000223,856,00051,987,000-260,414,000-46,033,000474,0003,651,1102,032,3761,424,335-2,779,235-5,420,294-570,43615,025,144

lkq group (uk) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Lkq Group (uk) Limited Competitor Analysis

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lkq group (uk) limited Ownership

LKQ GROUP (UK) LIMITED group structure

Lkq Group (Uk) Limited has 8 subsidiary companies.

LKQ GROUP (UK) LIMITED Shareholders

lkq europe gmbh 100%

lkq group (uk) limited directors

Lkq Group (Uk) Limited currently has 4 directors. The longest serving directors include Mr Andrew Campbell (Jan 2015) and Mrs Annick Jourdenais (May 2018).

officercountryagestartendrole
Mr Andrew CampbellEngland60 years Jan 2015- Director
Mrs Annick JourdenaisEngland54 years May 2018- Director
Mr Andrew HamiltonEngland49 years Jan 2019- Director
Mr Kevan WoodenUnited Kingdom57 years Oct 2022- Director

P&L

December 2022

turnover

1.2b

+5%

operating profit

106.5m

-16%

gross margin

48%

+2.82%

turnover

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

Balance Sheet

December 2022

net assets

313.9m

+0.02%

total assets

649.4m

+0.1%

cash

45.8m

+0.12%

net assets

Total assets minus all liabilities

lkq group (uk) limited company details

company number

02680212

Type

Private limited with Share Capital

industry

45320 - Retail trade of motor vehicle parts and accessories

incorporation date

January 1992

age

32

accounts

Full Accounts

ultimate parent company

LKQ CORP

previous names

euro car parts limited (February 2024)

bender limited (April 1992)

incorporated

UK

address

t2, birch coppice business park, danny morson way, tamworth, B78 1SE

last accounts submitted

December 2022

lkq group (uk) 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 17 charges/mortgages relating to lkq group (uk) limited. Currently there are 0 open charges and 17 have been satisfied in the past.

charges

lkq group (uk) limited Companies House Filings - See Documents

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