Pomanda estimates the enterprise value of ADVANTAGE PARTS SOLUTIONS LTD at £12.1m based on a Turnover of £21.9m and 0.55x industry multiple (adjusted for size and gross margin).
advantage parts solutions ltdEstimated Valuation
£3.9m
Pomanda estimates the enterprise value of ADVANTAGE PARTS SOLUTIONS LTD at £3.9m based on an EBITDA of £959.7k and a 4.02x industry multiple (adjusted for size and gross margin).
advantage parts solutions ltdEstimated Valuation
£10.1m
Pomanda estimates the enterprise value of ADVANTAGE PARTS SOLUTIONS LTD at £10.1m based on Net Assets of £4.7m and 2.13x industry multiple (adjusted for liquidity).
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Advantage Parts Solutions LtdOverview
Advantage Parts Solutions Ltd is a live company located in leicester, LE19 1WL with a Companies House number of 02975547. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 1994, it's largest shareholder is
530714 b c holdings ltd
with a 50% stake. Advantage Parts Solutions Ltd is a mature,
large sized company, Pomanda has estimated its turnover at
£21.9m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Advantage Parts Solutions Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
1 Regular
2 Weak
Size
annual sales of £21.9m, make it larger than the average company (£4.8m)
£21.9m - Advantage Parts Solutions Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (6.6%)
42% - Advantage Parts Solutions Ltd
6.6% - Industry AVG
Production
with a gross margin of 11.7%, this company has a higher cost of product (38.3%)
11.7% - Advantage Parts Solutions Ltd
38.3% - Industry AVG
Profitability
an operating margin of 4.2% make it less profitable than the average company (5.7%)
4.2% - Advantage Parts Solutions Ltd
5.7% - Industry AVG
Employees
with 33 employees, this is above the industry average (27)
33 - Advantage Parts Solutions Ltd
27 - Industry AVG
Pay Structure
on an average salary of £56.6k, the company has an equivalent pay structure (£54k)
£56.6k - Advantage Parts Solutions Ltd
£54k - Industry AVG
Efficiency
resulting in sales per employee of £665k, this is more efficient (£171.4k)
£665k - Advantage Parts Solutions Ltd
£171.4k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (42 days)
20 days - Advantage Parts Solutions Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (32 days)
37 days - Advantage Parts Solutions Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Advantage Parts Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 46 weeks, this is more cash available to meet short term requirements (22 weeks)
46 weeks - Advantage Parts Solutions Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.8%, this is a lower level of debt than the average (62.5%)
41.8% - Advantage Parts Solutions Ltd
62.5% - Industry AVG
ADVANTAGE PARTS SOLUTIONS LTD financials
EXPORT
Advantage Parts Solutions Ltd's latest turnover from December 2023 is £21.9 million and the company has net assets of £4.7 million. According to their latest financial statements, Advantage Parts Solutions Ltd has 33 employees and maintains cash reserves of £2.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
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
21,944,812
16,213,179
14,671,173
7,652,278
4,435,982
3,589,275
2,724,826
2,219,078
2,047,351
14,444,145
6,321,607
3,904,451
3,408,956
3,217,277
Other Income Or Grants
Cost Of Sales
19,374,281
11,644,245
10,565,332
4,672,484
1,679,591
1,429,232
1,247,792
1,110,010
1,049,661
9,333,612
4,120,881
2,501,520
2,135,484
1,966,853
Gross Profit
2,570,531
4,568,934
4,105,841
2,979,794
2,756,391
2,160,043
1,477,034
1,109,068
997,690
5,110,534
2,200,726
1,402,932
1,273,471
1,250,423
Admin Expenses
1,646,130
2,576,416
1,934,036
1,411,704
1,536,832
1,228,492
997,628
743,910
723,105
4,946,338
2,420,961
1,297,310
1,142,172
1,198,805
-566,227
Operating Profit
924,401
1,992,518
2,171,805
1,568,090
1,219,559
931,551
479,406
365,158
274,585
164,196
-220,235
105,622
131,299
51,618
566,227
Interest Payable
46,689
36,524
7,734
32,173
43,559
30,745
46,481
3,053
Interest Receivable
145,191
22
312
1,507
2,132
726
2,096
6,503
19,919
2,574
1,173
1,303
1,038
688
321
Pre-Tax Profit
1,022,903
1,956,016
2,164,383
1,537,424
1,178,132
901,532
435,021
368,608
294,504
166,770
-219,062
106,925
132,336
52,306
566,549
Tax
-251,118
-376,626
-422,561
-293,158
-226,803
-169,620
-99,372
-72,815
-55,382
-35,022
-25,662
-34,407
-14,646
-158,634
Profit After Tax
771,785
1,579,390
1,741,822
1,244,266
951,329
731,912
335,649
295,793
239,122
131,748
-219,062
81,263
97,929
37,660
407,915
Dividends Paid
2,500,000
80,000
300,000
451,045
361,974
Retained Profit
-1,728,215
1,579,390
1,661,822
944,266
951,329
731,912
335,649
-155,252
-122,852
131,748
-219,062
81,263
97,929
37,660
407,915
Employee Costs
1,867,510
2,375,599
2,026,835
1,717,031
1,838,796
1,549,488
1,385,249
1,261,560
1,164,418
4,029,718
1,768,195
1,081,646
950,198
922,516
Number Of Employees
33
45
40
37
40
35
33
30
28
97
43
27
24
24
EBITDA*
959,681
2,028,727
2,194,130
1,588,485
1,247,396
957,327
502,468
385,394
287,075
172,097
-216,170
111,784
137,387
58,202
576,228
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
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
726,267
742,655
757,664
40,932
46,020
44,381
57,306
63,238
59,115
19,426
20,895
3,482
8,788
12,194
17,711
Intangible Assets
343
1,369
2,974
2,082
6,054
4,735
2,316
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
726,267
742,655
758,007
42,301
48,994
46,463
63,360
67,973
61,431
19,426
20,895
3,482
8,788
12,194
17,711
Stock & work in progress
Trade Debtors
1,262,532
2,526,851
3,679,475
1,659,584
2,773,027
4,616,768
3,894,822
1,713,330
1,810,990
1,750,663
861,449
640,165
545,217
549,047
490,536
Group Debtors
3,268,349
2,047,914
1,126,922
405,063
178,126
8,410
23,196
222,766
514,078
Misc Debtors
176,775
3,837,698
7,045,669
3,971,798
5,441,031
4,346,254
2,866,206
1,761,010
735,161
Cash
2,695,597
3,268,875
2,676,264
4,696,446
5,022,826
2,134,241
1,549,071
1,955,845
1,601,365
813,192
216,267
252,928
268,454
146,590
128,580
misc current assets
total current assets
7,403,253
11,681,338
14,528,330
10,732,891
13,415,010
11,105,673
8,333,295
5,652,951
4,661,594
2,563,855
1,077,716
893,093
813,671
695,637
619,116
total assets
8,129,520
12,423,993
15,286,337
10,775,192
13,464,004
11,152,136
8,396,655
5,720,924
4,723,025
2,583,281
1,098,611
896,575
822,459
707,831
636,827
Bank overdraft
Bank loan
38,567
36,775
41,831
Trade Creditors
1,981,084
3,138,347
8,401,310
4,990,496
5,848,750
5,211,287
4,363,564
2,710,150
1,898,691
2,045,826
692,904
271,806
278,953
249,787
220,183
Group/Directors Accounts
213,265
344,003
140,748
428,154
865,017
728,559
696,266
1,002,347
598,721
other short term finances
hp & lease commitments
8,727
other current liabilities
767,450
2,014,845
1,352,092
2,127,936
4,468,062
3,881,175
2,736,174
1,749,076
1,811,010
total current liabilities
3,000,366
5,533,970
9,935,981
7,546,586
11,181,829
9,821,021
7,796,004
5,461,573
4,308,422
2,045,826
692,904
271,806
278,953
258,514
220,183
loans
382,639
414,489
447,822
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
11,011
11,815
18,205
6,099
3,934
4,203
5,651
3,740
8,727
total long term liabilities
393,650
426,304
466,027
6,099
3,934
4,203
5,651
3,740
8,727
total liabilities
3,394,016
5,960,274
10,402,008
7,552,685
11,185,763
9,825,224
7,801,655
5,461,573
4,308,422
2,045,826
692,904
271,806
278,953
262,254
228,910
net assets
4,735,504
6,463,719
4,884,329
3,222,507
2,278,241
1,326,912
595,000
259,351
414,603
537,455
405,707
624,769
543,506
445,577
407,917
total shareholders funds
4,735,504
6,463,719
4,884,329
3,222,507
2,278,241
1,326,912
595,000
259,351
414,603
537,455
405,707
624,769
543,506
445,577
407,917
Dec 2023
Dec 2022
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
924,401
1,992,518
2,171,805
1,568,090
1,219,559
931,551
479,406
365,158
274,585
164,196
-220,235
105,622
131,299
51,618
566,227
Depreciation
35,280
35,866
21,299
18,790
23,993
21,804
19,849
18,899
12,490
7,901
4,065
6,162
6,088
6,584
10,001
Amortisation
343
1,026
1,605
3,844
3,972
3,213
1,337
Tax
-251,118
-376,626
-422,561
-293,158
-226,803
-169,620
-99,372
-72,815
-55,382
-35,022
-25,662
-34,407
-14,646
-158,634
Stock
Debtors
-3,704,807
-3,439,603
5,815,621
-2,355,739
-579,248
2,187,208
3,087,118
636,877
1,309,566
889,214
221,284
94,948
-3,830
58,511
490,536
Creditors
-1,157,263
-5,262,963
3,410,814
-858,254
637,463
847,723
1,653,414
811,459
-147,135
1,352,922
421,098
-7,147
29,166
29,604
220,183
Accruals and Deferred Income
-1,247,395
662,753
-775,844
-2,340,126
586,887
1,145,001
987,098
-61,934
1,811,010
Deferred Taxes & Provisions
-804
-6,390
12,106
2,165
-269
-1,448
5,651
-3,740
-4,987
8,727
Cash flow from operations
2,007,908
485,104
-1,396,976
454,851
2,823,922
591,775
-37,859
425,227
586,002
600,783
-16,356
-15,973
132,236
9,662
155,968
Investing Activities
capital expenditure
-13,702
-30,368
-8,879
-18,449
-26,778
-54,495
-6,432
-21,478
-856
-2,682
-1,067
-27,712
Change in Investments
cash flow from investments
-13,702
-30,368
-8,879
-18,449
-26,778
-54,495
-6,432
-21,478
-856
-2,682
-1,067
-27,712
Financing Activities
Bank loans
1,792
-5,056
41,831
Group/Directors Accounts
-130,738
203,255
-287,406
-436,863
136,458
32,293
-306,081
403,626
598,721
Other Short Term Loans
Long term loans
-31,850
-33,333
447,822
Hire Purchase and Lease Commitments
-8,727
8,727
other long term liabilities
share issue
2
interest
98,502
-36,502
-7,422
-30,666
-41,427
-30,019
-44,385
3,450
19,919
2,574
1,173
1,303
1,038
688
321
cash flow from financing
-62,294
128,364
194,825
-467,529
95,031
2,274
-350,466
407,076
618,640
2,574
1,173
1,303
-7,689
9,415
323
cash and cash equivalents
cash
-573,278
592,611
-2,020,182
-326,380
2,888,585
585,170
-406,774
354,480
788,173
596,925
-36,661
-15,526
121,864
18,010
128,580
overdraft
change in cash
-573,278
592,611
-2,020,182
-326,380
2,888,585
585,170
-406,774
354,480
788,173
596,925
-36,661
-15,526
121,864
18,010
128,580
advantage parts solutions ltd 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 advantage parts solutions ltd. Get real-time insights into advantage parts solutions ltd's credit score, group structure and payment trends.
Perform a competitor analysis for advantage parts solutions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in LE19 area or any other competitors across 12 key performance metrics.
advantage parts solutions ltd Ownership
ADVANTAGE PARTS SOLUTIONS LTD group structure
Advantage Parts Solutions Ltd has no subsidiary companies.
Ultimate parent company
ADVANTAGE PARTS SOLUTIONS LTD
02975547
ADVANTAGE PARTS SOLUTIONS LTD Shareholders
The largest shareholders in Advantage Parts Solutions Ltd include 530714 B C Holdings Ltd and Tingo Holdings Ltd.
530714 b c holdings ltd
50%
tingo holdings ltd
50%
advantage parts solutions ltd directors
Advantage Parts Solutions Ltd currently has 2 directors.
The longest serving directors include
Mr Timothy Scharnberg (Feb 1995) and
Mr Andrew Smith (Nov 2024).
82990 - Other business support service activities n.e.c.
incorporation date
October 1994
age
31
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
December 2023
previous names
advantage ds limited (August 2016)
carstation.com advantage ltd (May 2001)
See more
accountant
-
auditor
FORVIS MAZARS LLP
address
lyndale house ervington court, meridian business park, leicester, LE19 1WL
Bank
NATIONWIDE BUILDING SOCIETY
Legal Advisor
-
advantage parts solutions ltd 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 2 charges/mortgages relating to advantage parts solutions ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
advantage parts solutions ltd 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 ADVANTAGE PARTS SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
advantage parts solutions ltdCompanies House Filings - See Documents
