ribble vehicles limited
ribble vehicles limited Company Information
Company Number
03215951
Website
svrhire.co.ukRegistered Address
c/o begbies traynor, 340 deansgate, manchester, M3 4LY
Industry
Renting and leasing of cars and light motor vehicles
Telephone
01618778170
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mrs catherine ann cawtherley 50%
richard granville cawtherley 50%
ribble vehicles limited Estimated Valuation
Pomanda estimates the enterprise value of RIBBLE VEHICLES LIMITED at £686.4k based on a Turnover of £1.1m and 0.64x industry multiple (adjusted for size and gross margin).
ribble vehicles limited Estimated Valuation
Pomanda estimates the enterprise value of RIBBLE VEHICLES LIMITED at £1.1m based on an EBITDA of £540.5k and a 1.96x industry multiple (adjusted for size and gross margin).
ribble vehicles limited Estimated Valuation
Pomanda estimates the enterprise value of RIBBLE VEHICLES LIMITED at £0 based on Net Assets of £-16.9k and 0.49x industry multiple (adjusted for liquidity).
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Ribble Vehicles Limited Overview
Ribble Vehicles Limited is a dissolved company that was located in manchester, M3 4LY with a Companies House number of 03215951. It operated in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in June 1996, it's largest shareholder was mrs catherine ann cawtherley with a 50% stake. The last turnover for Ribble Vehicles Limited was estimated at £1.1m.
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Ribble Vehicles Limited Health Check
Pomanda's financial health check has awarded Ribble Vehicles Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£4.9m)
- Ribble Vehicles Limited
£4.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (6.1%)
- Ribble Vehicles Limited
6.1% - Industry AVG
Production
with a gross margin of 27.7%, this company has a comparable cost of product (27.7%)
- Ribble Vehicles Limited
27.7% - Industry AVG
Profitability
an operating margin of -7.3% make it less profitable than the average company (9.2%)
- Ribble Vehicles Limited
9.2% - Industry AVG
Employees
with 7 employees, this is below the industry average (49)
7 - Ribble Vehicles Limited
49 - Industry AVG
Pay Structure
on an average salary of £33.9k, the company has an equivalent pay structure (£33.9k)
- Ribble Vehicles Limited
£33.9k - Industry AVG
Efficiency
resulting in sales per employee of £153.8k, this is less efficient (£234.7k)
- Ribble Vehicles Limited
£234.7k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is near the average (39 days)
- Ribble Vehicles Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (36 days)
- Ribble Vehicles Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (6 days)
- Ribble Vehicles Limited
6 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ribble Vehicles Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101%, this is a higher level of debt than the average (76.5%)
101% - Ribble Vehicles Limited
76.5% - Industry AVG
RIBBLE VEHICLES LIMITED financials
Ribble Vehicles Limited's latest turnover from September 2018 is estimated at £1.1 million and the company has net assets of -£16.9 thousand. According to their latest financial statements, Ribble Vehicles Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 7 | 7 | 7 | 7 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,562,492 | 2,117,705 | 1,870,485 | 1,962,038 | 1,686,003 | 1,170,506 | 1,206,150 | 1,233,814 | 1,054,920 | 1,082,164 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,567,492 | 2,122,705 | 1,875,485 | 1,967,038 | 1,691,003 | 1,175,506 | 1,211,150 | 1,238,814 | 1,059,920 | 1,087,164 |
| Stock & work in progress | 6,300 | 6,300 | 6,300 | 7,300 | 8,800 | 9,500 | 13,000 | 13,637 | 20,387 | 18,637 |
| Trade Debtors | 121,870 | 181,472 | 140,301 | 184,642 | 362,885 | 285,003 | 338,537 | 251,765 | 215,875 | 230,070 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 87,172 | 99,828 | 171,389 | 170,309 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 215,342 | 287,600 | 317,990 | 362,251 | 371,685 | 294,503 | 351,537 | 265,402 | 236,262 | 248,707 |
| total assets | 1,782,834 | 2,410,305 | 2,193,475 | 2,329,289 | 2,062,688 | 1,470,009 | 1,562,687 | 1,504,216 | 1,296,182 | 1,335,871 |
| Bank overdraft | 75,048 | 75,320 | 69,438 | 65,358 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 110,727 | 92,545 | 114,807 | 98,137 | 980,380 | 761,536 | 833,084 | 787,499 | 712,108 | 769,815 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 36,153 | 18,820 | 18,820 | 18,820 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 723,121 | 900,203 | 753,213 | 873,128 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 208,341 | 258,541 | 123,079 | 64,345 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,153,390 | 1,345,429 | 1,079,357 | 1,119,788 | 980,380 | 761,536 | 833,084 | 787,499 | 712,108 | 769,815 |
| loans | 154,286 | 178,590 | 224,789 | 268,655 | 200,000 | 200,000 | 200,000 | 235,000 | 275,000 | 275,000 |
| hp & lease commitments | 492,024 | 806,319 | 785,957 | 732,912 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 736,437 | 397,348 | 424,750 | 456,630 | 367,220 | 404,235 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 646,310 | 984,909 | 1,010,746 | 1,001,567 | 936,437 | 597,348 | 624,750 | 691,630 | 642,220 | 679,235 |
| total liabilities | 1,799,700 | 2,330,338 | 2,090,103 | 2,121,355 | 1,916,817 | 1,358,884 | 1,457,834 | 1,479,129 | 1,354,328 | 1,449,050 |
| net assets | -16,866 | 79,967 | 103,372 | 207,934 | 145,871 | 111,125 | 104,853 | 25,087 | -58,146 | -113,179 |
| total shareholders funds | -16,866 | 79,967 | 103,372 | 207,934 | 145,871 | 111,125 | 104,853 | 25,087 | -58,146 | -113,179 |
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 619,132 | 612,826 | 616,440 | 668,840 | 570,734 | 465,998 | 464,046 | 417,416 | 351,289 | 343,852 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | -1,000 | -1,500 | -700 | -3,500 | -637 | -6,750 | 1,750 | 18,637 |
| Debtors | -72,258 | -30,390 | -43,261 | -7,934 | 77,882 | -53,534 | 86,772 | 35,890 | -14,195 | 230,070 |
| Creditors | 18,182 | -22,262 | 16,670 | -882,243 | 218,844 | -71,548 | 45,585 | 75,391 | -57,707 | 769,815 |
| Accruals and Deferred Income | -50,200 | 135,462 | 58,734 | 64,345 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 17,333 | 0 | 0 | 18,820 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -24,304 | -46,199 | -43,866 | 68,655 | 0 | 0 | -35,000 | -40,000 | 0 | 275,000 |
| Hire Purchase and Lease Commitments | -491,377 | 167,352 | -66,870 | 1,606,040 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -736,437 | 339,089 | -27,402 | -31,880 | 89,410 | -37,015 | 404,235 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | -272 | 5,882 | 4,080 | 65,358 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 272 | -5,882 | -4,080 | -65,358 | 0 | 0 | 0 | 0 | 0 | 0 |
ribble vehicles limited Credit Report and Business Information
Ribble Vehicles Limited Competitor Analysis
Perform a competitor analysis for ribble vehicles limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in M 3 area or any other competitors across 12 key performance metrics.
ribble vehicles limited Ownership
RIBBLE VEHICLES LIMITED group structure
Ribble Vehicles Limited has 1 subsidiary company.
ribble vehicles limited directors
Ribble Vehicles Limited currently has 2 directors. The longest serving directors include Mr Richard Cawtherley (Jul 1996) and Mrs Catherine Cawtherley (Feb 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Cawtherley | 67 years | Jul 1996 | - | Director | |
| Mrs Catherine Cawtherley | 67 years | Feb 1997 | - | Director |
P&L
September 2018turnover
1.1m
-11%
operating profit
-78.7k
0%
gross margin
27.7%
-7.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2018net assets
-16.9k
-1.21%
total assets
1.8m
-0.26%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ribble vehicles limited company details
company number
03215951
Type
Private limited with Share Capital
industry
77110 - Renting and leasing of cars and light motor vehicles
incorporation date
June 1996
age
28
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
beatacross limited (October 2003)
last accounts submitted
September 2018
address
c/o begbies traynor, 340 deansgate, manchester, M3 4LY
accountant
ASHWORTH MOULDS & CO
auditor
-
ribble vehicles 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 4 charges/mortgages relating to ribble vehicles limited. Currently there are 4 open charges and 0 have been satisfied in the past.
ribble vehicles limited Companies House Filings - See Documents
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