Pomanda estimates the enterprise value of GINETTA CARS LIMITED at £1.1m based on a Turnover of £8.2m and 0.13x industry multiple (adjusted for size and gross margin).
ginetta cars limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GINETTA CARS LIMITED at £0 based on an EBITDA of £-6.2m and a 1.22x industry multiple (adjusted for size and gross margin).
ginetta cars limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GINETTA CARS LIMITED at £0 based on Net Assets of £-42.8m and 1.79x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ginetta Cars LimitedOverview
Ginetta Cars Limited is a live company located in garforth leeds, LS25 2DY with a Companies House number of 02744760. It operates in the manufacture of motor vehicles sector, SIC Code 29100. Founded in September 1992, it's largest shareholder is
lnt automotive ltd
with a 100% stake. Ginetta Cars Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£8.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Ginetta Cars Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
2 Regular
9 Weak
Size
annual sales of £8.2m, make it smaller than the average company (£22.1m)
£8.2m - Ginetta Cars Limited
£22.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a slower rate (13.4%)
11% - Ginetta Cars Limited
13.4% - Industry AVG
Production
with a gross margin of -5.5%, this company has a higher cost of product (15.6%)
-5.5% - Ginetta Cars Limited
15.6% - Industry AVG
Profitability
an operating margin of -81.3% make it less profitable than the average company (2.3%)
-81.3% - Ginetta Cars Limited
2.3% - Industry AVG
Employees
with 96 employees, this is below the industry average (166)
96 - Ginetta Cars Limited
166 - Industry AVG
Pay Structure
on an average salary of £37.6k, the company has an equivalent pay structure (£44.7k)
£37.6k - Ginetta Cars Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £85.8k, this is less efficient (£207.9k)
£85.8k - Ginetta Cars Limited
£207.9k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (33 days)
24 days - Ginetta Cars Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is close to average (45 days)
47 days - Ginetta Cars Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 321 days, this is more than average (94 days)
321 days - Ginetta Cars Limited
94 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (4 weeks)
0 weeks - Ginetta Cars Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 360.9%, this is a higher level of debt than the average (78.3%)
360.9% - Ginetta Cars Limited
78.3% - Industry AVG
GINETTA CARS LIMITED financials
EXPORT
Ginetta Cars Limited's latest turnover from March 2024 is £8.2 million and the company has net assets of -£42.8 million. According to their latest financial statements, Ginetta Cars Limited has 96 employees and maintains cash reserves of £65.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
8,237,474
9,467,991
9,251,815
6,071,838
6,657,085
8,582,478
9,231,568
9,240,332
6,221,668
4,841,896
3,783,630
3,036,949
4,150,404
4,521,958
4,613,229
Other Income Or Grants
Cost Of Sales
8,690,552
7,840,064
7,020,671
4,694,811
4,989,103
6,464,678
8,410,389
8,909,572
6,476,191
4,836,817
3,805,731
3,481,565
5,845,612
4,694,998
4,779,103
Gross Profit
-453,078
1,627,927
2,231,144
1,377,027
1,667,982
2,117,800
821,179
330,760
-254,523
5,079
-22,101
-444,616
-1,695,208
-173,040
-165,874
Admin Expenses
6,240,661
6,877,745
7,015,241
5,868,953
12,051,247
-12,706,143
5,571,529
4,726,719
3,605,661
3,511,244
3,275,366
2,273,853
2,572,961
2,016,938
1,761,937
Operating Profit
-6,693,739
-5,249,818
-4,784,097
-4,491,926
-10,383,265
14,823,943
-4,750,350
-4,395,959
-3,860,184
-3,506,165
-3,297,467
-2,718,469
-4,268,169
-2,189,978
-1,927,811
Interest Payable
532,558
264,741
102,834
3,298
5,351
3,592
1,582
3,695
8,684
5,154
485
9,292
40,132
15,452
1,303
Interest Receivable
1
Pre-Tax Profit
-7,226,297
-5,514,559
-4,886,931
-4,495,224
-10,388,616
14,820,351
-4,751,932
-4,399,653
-3,868,868
-3,511,319
-3,297,952
-2,727,761
-4,308,301
-2,270,430
-1,979,114
Tax
49,863
1,586,220
-17,262
Profit After Tax
-7,226,297
-5,514,559
-4,837,068
-2,909,004
-10,388,616
14,820,351
-4,751,932
-4,416,915
-3,868,868
-3,511,319
-3,297,952
-2,727,761
-4,308,301
-2,270,430
-1,979,114
Dividends Paid
Retained Profit
-7,226,297
-5,514,559
-4,837,068
-2,909,004
-10,388,616
14,820,351
-4,751,932
-4,416,915
-3,868,868
-3,511,319
-3,297,952
-2,727,761
-4,308,301
-2,270,430
-1,979,114
Employee Costs
3,609,270
3,317,699
3,007,479
2,708,124
3,131,249
2,764,419
2,761,693
2,328,475
1,845,492
1,743,919
1,343,703
1,126,779
1,129,028
918,896
865,585
Number Of Employees
96
96
86
87
88
78
83
74
71
59
47
41
38
39
36
EBITDA*
-6,233,801
-4,213,240
-3,685,585
-3,312,987
-9,146,292
15,928,853
-4,097,464
-4,204,263
-3,691,040
-3,237,599
-2,980,896
-2,615,959
-4,133,975
-2,094,742
-1,815,589
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
3,641,862
3,667,670
4,010,890
4,302,287
2,934,683
2,315,253
2,608,883
1,671,584
782,882
779,869
1,099,004
944,302
350,131
291,036
360,662
Intangible Assets
868
14,117
609,583
1,205,049
1,800,515
2,369,549
2,652,591
1,500,000
Investments & Other
50,000
Debtors (Due After 1 year)
65,633
1,465,981
Total Fixed Assets
3,642,730
3,681,787
4,620,473
5,507,336
4,735,198
4,684,802
5,261,474
3,171,584
782,882
779,869
1,164,637
2,410,283
350,131
291,036
410,662
Stock & work in progress
7,642,930
6,164,373
7,356,441
6,054,662
8,361,236
8,085,040
8,268,418
6,285,768
3,603,483
3,260,322
2,240,441
1,980,284
1,977,399
2,680,774
1,297,027
Trade Debtors
542,057
706,923
682,567
77,583
139,262
499,932
630,510
528,387
525,691
291,473
353,068
96,173
304,947
731,286
324,879
Group Debtors
2,884,841
1,405,107
1,683,508
2,058,057
2,100,371
2,663,602
2,663,512
5,223,342
3,075,502
1,235,821
940,904
Misc Debtors
1,614,774
611,927
769,181
799,315
1,116,855
774,129
552,645
452,292
573,178
344,118
442,747
405,005
493,574
544,157
357,574
Cash
65,133
361,716
141,958
372,311
415,310
512,492
491,980
154,774
67,476
251,997
6,911
63,887
1,160
16,735
7,147
misc current assets
total current assets
12,749,735
9,250,046
10,633,655
9,361,928
10,032,663
11,971,964
12,607,155
10,084,733
9,993,170
7,223,412
3,043,167
2,545,349
4,012,901
4,913,856
1,986,627
total assets
16,392,465
12,931,833
15,254,128
14,869,264
14,767,861
16,656,766
17,868,629
13,256,317
10,776,052
8,003,281
4,207,804
4,955,632
4,363,032
5,204,892
2,397,289
Bank overdraft
981,974
97,359
Bank loan
Trade Creditors
1,140,913
703,392
1,408,398
1,145,478
1,216,860
624,446
2,277,380
1,523,316
603,596
141,930
923,787
787,164
1,126,414
1,305,552
1,196,776
Group/Directors Accounts
55,682,408
42,302,426
35,175,156
35,946,276
34,306,979
26,107,969
40,902,514
31,766,522
25,929,788
28,091,425
9,218
29,805
117,971
70,435
other short term finances
3,500,000
4,192,363
hp & lease commitments
29,355
46,509
44,169
1,683
45,984
21,893
16,905
other current liabilities
2,339,053
1,969,627
3,007,264
2,940,140
1,446,805
1,690,227
1,401,768
1,881,596
1,719,589
1,625,241
989,594
882,501
555,986
808,393
45,542
total current liabilities
59,162,374
48,475,445
43,783,181
40,061,249
37,017,153
28,466,811
44,583,345
35,217,418
28,274,866
29,875,501
2,904,573
1,699,470
1,800,371
2,184,380
1,339,677
loans
1,500,000
19,733,080
18,388,059
14,966,797
11,116,347
6,883,017
hp & lease commitments
33,689
1,683
47,055
68,948
Accruals and Deferred Income
other liabilities
84,320
provisions
total long term liabilities
1,500,000
33,689
84,320
1,683
47,055
68,948
19,733,080
18,388,059
14,966,797
11,116,347
6,883,017
total liabilities
59,162,374
48,475,445
45,283,181
40,061,249
37,050,842
28,551,131
44,583,345
35,219,101
28,321,921
29,944,449
22,637,653
20,087,529
16,767,168
13,300,727
8,222,694
net assets
-42,769,909
-35,543,612
-30,029,053
-25,191,985
-22,282,981
-11,894,365
-26,714,716
-21,962,784
-17,545,869
-21,941,168
-18,429,849
-15,131,897
-12,404,136
-8,095,835
-5,825,405
total shareholders funds
-42,769,909
-35,543,612
-30,029,053
-25,191,985
-22,282,981
-11,894,365
-26,714,716
-21,962,784
-17,545,869
-21,941,168
-18,429,849
-15,131,897
-12,404,136
-8,095,835
-5,825,405
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-6,693,739
-5,249,818
-4,784,097
-4,491,926
-10,383,265
14,823,943
-4,750,350
-4,395,959
-3,860,184
-3,506,165
-3,297,467
-2,718,469
-4,268,169
-2,189,978
-1,927,811
Depreciation
446,689
441,112
503,046
583,473
641,940
544,073
381,940
191,696
169,144
268,566
316,571
102,510
134,194
95,236
112,222
Amortisation
13,249
595,466
595,466
595,466
595,033
560,837
270,946
Tax
49,863
1,586,220
-17,262
Stock
1,478,557
-1,192,068
1,301,779
-2,306,574
276,196
-183,378
1,982,650
2,682,285
343,161
1,019,881
260,157
2,885
-703,375
1,383,747
1,297,027
Debtors
2,317,715
-411,299
200,301
1,678,838
-2,118,315
-472,325
202,566
-2,678,020
2,611,118
2,849,645
-1,105,711
-67,183
-182,005
1,533,894
682,453
Creditors
437,521
-705,006
262,920
-71,382
592,414
-1,652,934
754,064
919,720
461,666
-781,857
136,623
-339,250
-179,138
108,776
1,196,776
Accruals and Deferred Income
369,426
-1,037,637
67,124
1,493,335
-243,422
288,459
-479,828
162,007
94,348
635,647
107,093
326,515
-252,407
762,851
45,542
Deferred Taxes & Provisions
Cash flow from operations
-9,223,126
-4,352,516
-4,807,758
322,922
-6,955,181
15,220,081
-6,008,444
-3,144,063
-6,089,305
-7,253,335
-1,891,626
-2,564,396
-3,680,140
-4,140,756
-2,552,751
Investing Activities
capital expenditure
-420,881
-97,892
-211,649
-1,951,077
-1,287,369
-528,238
-2,742,776
-2,580,398
-172,157
50,569
-471,273
-696,681
-193,289
-25,610
-472,884
Change in Investments
-50,000
50,000
cash flow from investments
-420,881
-97,892
-211,649
-1,951,077
-1,287,369
-528,238
-2,742,776
-2,580,398
-172,157
50,569
-471,273
-696,681
-193,289
24,390
-522,884
Financing Activities
Bank loans
Group/Directors Accounts
13,379,982
7,127,270
-771,120
1,639,297
8,199,010
-14,794,545
9,135,992
5,836,734
-2,161,637
28,082,207
-20,587
-88,166
47,536
70,435
Other Short Term Loans
-3,500,000
-692,363
4,192,363
Long term loans
-1,500,000
1,500,000
-19,733,080
1,345,021
3,421,262
3,850,450
4,233,330
6,883,017
Hire Purchase and Lease Commitments
-29,355
-50,843
36,029
42,486
-45,984
-21,281
-16,905
85,853
other long term liabilities
-84,320
84,320
share issue
8,264,167
-3,846,291
interest
-532,558
-264,741
-102,834
-3,298
-5,351
-3,592
-1,582
-3,694
-8,684
-5,154
-485
-9,292
-40,132
-15,452
-1,303
cash flow from financing
9,347,424
4,670,166
4,789,054
1,585,156
8,145,368
-14,671,331
9,088,426
5,811,759
6,076,941
8,429,826
1,323,949
3,323,804
3,857,854
4,288,313
3,035,423
cash and cash equivalents
cash
-296,583
219,758
-230,353
-42,999
-97,182
20,512
337,206
87,298
-184,521
245,086
-56,976
62,727
-15,575
9,588
7,147
overdraft
-981,974
981,974
-97,359
97,359
change in cash
-296,583
219,758
-230,353
-42,999
-97,182
20,512
337,206
87,298
-184,521
1,227,060
-1,038,950
62,727
-15,575
106,947
-90,212
ginetta cars 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 ginetta cars limited. Get real-time insights into ginetta cars limited's credit score, group structure and payment trends.
Perform a competitor analysis for ginetta cars limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in LS25 area or any other competitors across 12 key performance metrics.
helios 47, isabella road, garforth leeds, west yorkshire, LS25 2DY
Bank
-
Legal Advisor
-
ginetta cars 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 11 charges/mortgages relating to ginetta cars limited. Currently there are 2 open charges and 9 have been satisfied in the past.
ginetta cars 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 GINETTA CARS LIMITED. This can take several minutes, an email will notify you when this has completed.
ginetta cars limitedCompanies House Filings - See Documents
