motorway direct limited
motorway direct limited Company Information
Company Number
03222540
Next Accounts
Jun 2025
Directors
Shareholders
car protect holdings limited
mr david antcliff
Group Structure
View All
Industry
Activities of insurance agents and brokers
Registered Address
courtwood house, silver street head, sheffield, south yorkshire, S1 2DD
Website
www.motorwaydirect.co.ukmotorway direct limited Estimated Valuation
Pomanda estimates the enterprise value of MOTORWAY DIRECT LIMITED at £422.3k based on a Turnover of £431.8k and 0.98x industry multiple (adjusted for size and gross margin).
motorway direct limited Estimated Valuation
Pomanda estimates the enterprise value of MOTORWAY DIRECT LIMITED at £9.4m based on an EBITDA of £1.6m and a 5.95x industry multiple (adjusted for size and gross margin).
motorway direct limited Estimated Valuation
Pomanda estimates the enterprise value of MOTORWAY DIRECT LIMITED at £3.9m based on Net Assets of £2m and 1.9x industry multiple (adjusted for liquidity).
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Motorway Direct Limited Overview
Motorway Direct Limited is a live company located in sheffield, S1 2DD with a Companies House number of 03222540. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in July 1996, it's largest shareholder is car protect holdings limited with a 100% stake. Motorway Direct Limited is a mature, micro sized company, Pomanda has estimated its turnover at £431.8k with declining growth in recent years.
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Motorway Direct Limited Health Check
Pomanda's financial health check has awarded Motorway Direct Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £431.8k, make it smaller than the average company (£2.9m)
- Motorway Direct Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -50%, show it is growing at a slower rate (5.9%)
- Motorway Direct Limited
5.9% - Industry AVG
Production
with a gross margin of 95.7%, this company has a comparable cost of product (95.7%)
- Motorway Direct Limited
95.7% - Industry AVG
Profitability
an operating margin of 420.2% make it more profitable than the average company (18.6%)
- Motorway Direct Limited
18.6% - Industry AVG
Employees
with 6 employees, this is below the industry average (17)
6 - Motorway Direct Limited
17 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Motorway Direct Limited
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £72k, this is less efficient (£113.7k)
- Motorway Direct Limited
£113.7k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (73 days)
- Motorway Direct Limited
73 days - Industry AVG
Creditor Days
its suppliers are paid after 841 days, this is slower than average (100 days)
- Motorway Direct Limited
100 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Motorway Direct Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (35 weeks)
1 weeks - Motorway Direct Limited
35 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.4%, this is a similar level of debt than the average (61.2%)
63.4% - Motorway Direct Limited
61.2% - Industry AVG
MOTORWAY DIRECT LIMITED financials
Motorway Direct Limited's latest turnover from September 2023 is estimated at £431.8 thousand and the company has net assets of £2 million. According to their latest financial statements, Motorway Direct Limited has 6 employees and maintains cash reserves of £108.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,077,160 | 3,558,998 | 6,478,140 | 7,012,654 | 7,751,906 | 7,150,158 | 11,780,338 | 8,122,421 | 8,700,002 | 9,200,733 | 10,194,205 | 8,087,270 | ||
| Other Income Or Grants | 198,188 | |||||||||||||
| Cost Of Sales | 871,899 | 936,449 | 244,871 | 818,633 | -739,855 | -378,411 | -178,674 | 190,386 | 18,652 | 1,029,289 | -306,360 | |||
| Gross Profit | 1,275,348 | 2,687,099 | 5,541,691 | 6,767,783 | 6,933,273 | 7,890,013 | 12,158,749 | 8,301,095 | 8,509,616 | 9,182,081 | 9,164,916 | 8,393,630 | ||
| Admin Expenses | 1,571,369 | 2,300,747 | 5,508,838 | 6,122,308 | 6,162,345 | 7,933,375 | 11,553,924 | 7,361,549 | 7,583,439 | 8,519,119 | 7,620,499 | 7,622,554 | ||
| Operating Profit | -296,021 | 386,352 | 32,853 | 645,475 | 770,928 | -43,362 | 604,825 | 939,546 | 926,177 | 662,962 | 1,544,417 | 771,076 | ||
| Interest Payable | 1,809 | 3,407 | 23,781 | 35,050 | 39,289 | 53,256 | 92,027 | 270,789 | 463,746 | 899,141 | 1,114,824 | 857,449 | ||
| Interest Receivable | 3,305 | 1,718 | 1,691 | 200 | 73 | 4,408 | 4,105 | 4,526 | 2,356 | 5,498 | 3,978 | 34,170 | ||
| Pre-Tax Profit | -294,525 | 384,663 | 330,763 | 610,625 | 731,688 | -92,210 | 516,903 | 673,283 | 464,787 | -230,681 | 433,571 | -43,860 | ||
| Tax | 71,449 | -121,556 | -120,061 | -111,749 | -130,589 | -9,499 | -212,216 | -86,505 | 42,466 | -141,888 | 60,358 | 7,236 | ||
| Profit After Tax | -223,076 | 263,107 | 210,702 | 498,876 | 601,099 | -101,709 | 304,687 | 586,778 | 507,253 | -372,569 | 493,929 | -36,624 | ||
| Dividends Paid | 846,984 | 1,331,056 | 300,000 | 360,000 | 330,000 | 500,000 | ||||||||
| Retained Profit | -1,070,060 | -1,067,949 | -89,298 | 138,876 | 271,099 | -101,709 | 304,687 | 586,778 | 507,253 | -372,569 | -6,071 | -36,624 | ||
| Employee Costs | 961,108 | 1,835,141 | 3,611,125 | 3,924,728 | 4,426,999 | 5,030,462 | 7,232,283 | 4,657,889 | 4,658,427 | 4,549,847 | 4,403,470 | 4,547,661 | ||
| Number Of Employees | 6 | 12 | 24 | 49 | 86 | 114 | 141 | 153 | 154 | 167 | 148 | 157 | 146 | 136 |
| EBITDA* | -271,228 | 476,836 | 159,106 | 740,852 | 932,020 | 207,362 | 966,819 | 1,183,490 | 1,249,984 | 1,048,078 | 1,878,460 | 1,070,547 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,862 | 13,989 | 5,557 | 11,754 | 82,628 | 109,275 | 133,610 | 225,035 | 404,597 | 494,537 | 262,677 | 426,009 | 608,395 | 438,915 |
| Intangible Assets | 50 | 17,454 | 61,777 | 33,902 | 26,863 | |||||||||
| Investments & Other | 1,104 | 1,105 | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 2,966 | 15,094 | 5,607 | 29,208 | 144,405 | 143,177 | 160,473 | 225,035 | 404,597 | 494,537 | 262,677 | 426,009 | 608,395 | 438,915 |
| Stock & work in progress | 1,711,582 | 2,108,233 | 2,782,543 | 3,440,023 | 3,600,000 | 3,600,000 | 2,800,000 | 2,500,000 | 2,375,000 | 2,450,000 | 2,500,000 | 3,550,000 | ||
| Trade Debtors | 22,119 | 125,315 | 166,417 | 136,759 | 1,883,098 | 862,981 | 2,106,833 | 2,598,648 | 3,059,004 | 2,743,116 | 2,135,880 | 3,296,148 | 4,592,736 | 4,174,516 |
| Group Debtors | 968,199 | 1,229,804 | 3,715,887 | 4,459,006 | 5,446,134 | 3,436,051 | 3,545,809 | |||||||
| Misc Debtors | 4,465,501 | 1,935,360 | 1,858,138 | 1,413,271 | 3,370,135 | 3,035,375 | 3,499,875 | 2,821,276 | 3,778,271 | 3,390,733 | 3,799,328 | 2,304,561 | ||
| Cash | 108,146 | 326,847 | 195,204 | 1,127,898 | 104,615 | 208,275 | 771,284 | 1,124,356 | 3,180,969 | 175,900 | 209,594 | 456,950 | 133,942 | 353,955 |
| misc current assets | 28,000 | |||||||||||||
| total current assets | 5,563,965 | 3,617,326 | 7,647,228 | 9,245,167 | 13,586,525 | 7,546,654 | 9,977,992 | 10,144,280 | 12,818,244 | 8,809,749 | 8,519,802 | 9,639,149 | 10,772,487 | 10,411,032 |
| total assets | 5,566,931 | 3,632,420 | 7,652,835 | 9,274,375 | 13,730,930 | 7,689,831 | 10,138,465 | 10,369,315 | 13,222,841 | 9,304,286 | 8,782,479 | 10,065,158 | 11,380,882 | 10,849,947 |
| Bank overdraft | 62 | 37 | 1,894 | 98,800 | 98,800 | 1,407,900 | 9,344 | 2,144,000 | 2,752,917 | |||||
| Bank loan | 260,975 | 963,300 | 1,062,100 | 1,232,000 | 1,688,000 | |||||||||
| Trade Creditors | 42,584 | 485,326 | 415,403 | 337,839 | 339,843 | 193,142 | 85,065 | 611,867 | 643,109 | 448,281 | 692,124 | 882,971 | 480,617 | 631,007 |
| Group/Directors Accounts | 1,101 | 4,702 | 3,715,887 | 4,459,031 | 5,310,453 | 64 | 64 | |||||||
| other short term finances | 4,233 | 50,107 | 219,835 | 499,460 | 750,000 | |||||||||
| hp & lease commitments | 9,035 | 9,035 | ||||||||||||
| other current liabilities | 3,434,196 | 2,283,012 | 2,611,424 | 1,901,422 | 4,272,100 | 3,007,792 | 5,277,047 | 5,240,871 | 8,073,026 | 4,196,743 | 3,926,567 | 4,936,690 | 6,544,851 | 5,227,827 |
| total current liabilities | 3,477,881 | 2,773,040 | 6,742,714 | 6,698,354 | 10,183,408 | 4,175,227 | 6,433,311 | 5,955,771 | 8,865,042 | 6,272,759 | 6,359,495 | 8,257,661 | 9,169,468 | 8,611,751 |
| loans | 1,062,100 | 1,160,900 | ||||||||||||
| hp & lease commitments | 753 | 9,788 | ||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 4,232 | 64,892 | ||||||||||||
| provisions | 51,673 | 191,195 | 534,484 | 1,130,324 | 1,033,876 | 951,621 | 1,272,012 | 1,199,188 | 938,703 | 1,017,358 | 1,060,485 | 952,251 | 983,599 | 1,004,310 |
| total long term liabilities | 51,673 | 191,195 | 534,484 | 1,130,324 | 1,033,876 | 952,374 | 1,281,800 | 2,261,288 | 2,103,835 | 1,082,250 | 1,060,485 | 952,251 | 983,599 | 1,004,310 |
| total liabilities | 3,529,554 | 2,964,235 | 7,277,198 | 7,828,678 | 11,217,284 | 5,127,601 | 7,715,111 | 8,217,059 | 10,968,877 | 7,355,009 | 7,419,980 | 9,209,912 | 10,153,067 | 9,616,061 |
| net assets | 2,037,377 | 668,185 | 375,612 | 1,445,672 | 2,513,621 | 2,562,205 | 2,423,329 | 2,152,231 | 2,253,939 | 1,949,252 | 1,362,474 | 855,221 | 1,227,790 | 1,233,861 |
| total shareholders funds | 2,037,377 | 668,185 | 375,612 | 1,445,672 | 2,513,621 | 2,562,205 | 2,423,329 | 2,152,231 | 2,253,939 | 1,949,252 | 1,362,474 | 855,221 | 1,227,790 | 1,233,861 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -296,021 | 386,352 | 32,853 | 645,475 | 770,928 | -43,362 | 604,825 | 939,546 | 926,177 | 662,962 | 1,544,417 | 771,076 | ||
| Depreciation | 3,431 | 6,350 | 7,390 | 41,863 | 80,008 | 55,298 | 64,550 | 250,724 | 361,994 | 243,944 | 323,807 | 385,116 | 334,043 | 299,471 |
| Amortisation | -238,929 | 50 | 17,403 | 48,621 | 46,245 | 40,079 | 96,542 | |||||||
| Tax | 71,449 | -121,556 | -120,061 | -111,749 | -130,589 | -9,499 | -212,216 | -86,505 | 42,466 | -141,888 | 60,358 | 7,236 | ||
| Stock | -1,711,582 | -396,651 | -674,310 | -657,480 | -159,977 | 800,000 | 300,000 | 125,000 | -75,000 | -50,000 | -1,050,000 | 3,550,000 | ||
| Debtors | 2,165,340 | -2,449,963 | -268,594 | -4,690,331 | 6,801,011 | -1,708,352 | 186,784 | -1,417,351 | 703,426 | 198,641 | -796,991 | -1,406,346 | 1,659,468 | 6,479,077 |
| Creditors | -442,742 | 69,923 | 77,564 | -2,004 | 146,701 | 108,077 | -526,802 | -31,242 | 194,828 | -243,843 | -190,847 | 402,354 | -150,390 | 631,007 |
| Accruals and Deferred Income | 1,151,184 | -328,412 | 710,002 | -2,370,678 | 1,264,308 | -2,269,255 | 36,176 | -2,832,155 | 3,876,283 | 270,176 | -1,010,123 | -1,608,161 | 1,317,024 | 5,227,827 |
| Deferred Taxes & Provisions | -139,522 | -343,289 | -595,840 | 96,448 | 82,255 | -320,391 | 72,824 | 260,485 | -78,655 | -43,127 | 108,234 | -31,348 | -20,711 | 1,004,310 |
| Cash flow from operations | 657,192 | 3,443,687 | -4,611,222 | 15,863 | 196,845 | -1,787,698 | 3,743,633 | 756,550 | 1,071,705 | 1,125,381 | 2,475,273 | -2,088,150 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | 4,124 | 68,111 | -71,560 | -328,017 | -470,403 | -161,947 | -193,379 | 5,550 | -168,645 | |||||
| Change in Investments | -1 | 1,105 | ||||||||||||
| cash flow from investments | 4,124 | 68,111 | -71,560 | -328,017 | -470,403 | -161,947 | -193,379 | 5,550 | -168,645 | |||||
| Financing Activities | ||||||||||||||
| Bank loans | -260,975 | -702,325 | -98,800 | 1,062,100 | -1,232,000 | -456,000 | 1,688,000 | |||||||
| Group/Directors Accounts | -3,601 | -3,711,185 | -743,144 | -851,422 | 5,310,389 | 64 | ||||||||
| Other Short Term Loans | -4,233 | -45,874 | -169,728 | -279,625 | -250,540 | 750,000 | ||||||||
| Long term loans | -1,062,100 | -98,800 | 1,160,900 | |||||||||||
| Hire Purchase and Lease Commitments | -9,788 | -9,035 | 18,823 | |||||||||||
| other long term liabilities | -4,232 | -60,660 | 64,892 | |||||||||||
| share issue | ||||||||||||||
| interest | 1,496 | -1,689 | -22,090 | -34,850 | -39,216 | -48,848 | -87,922 | -266,263 | -461,390 | -893,643 | -1,110,846 | -823,279 | ||
| cash flow from financing | -741,648 | -1,114,086 | 4,616,900 | -142,685 | -24,563 | -197,753 | 842,590 | -1,712,996 | -1,167,930 | 1,544,357 | -1,110,846 | 447,206 | ||
| cash and cash equivalents | ||||||||||||||
| cash | -218,701 | 131,643 | -932,694 | 1,023,283 | -103,660 | -563,009 | -353,072 | -2,056,613 | 3,005,069 | -33,694 | -247,356 | 323,008 | -220,013 | 353,955 |
| overdraft | -62 | 25 | -1,857 | 1,894 | -98,800 | -1,309,100 | 1,398,556 | 9,344 | -2,144,000 | -608,917 | 2,752,917 | |||
| change in cash | -218,701 | 131,643 | -932,632 | 1,023,258 | -101,803 | -564,903 | -254,272 | -2,056,613 | 4,314,169 | -1,432,250 | -256,700 | 2,467,008 | 388,904 | -2,398,962 |
motorway direct limited Credit Report and Business Information
Motorway Direct Limited Competitor Analysis
Perform a competitor analysis for motorway direct limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in S 1 area or any other competitors across 12 key performance metrics.
motorway direct limited Ownership
MOTORWAY DIRECT LIMITED group structure
Motorway Direct Limited has 9 subsidiary companies.
Ultimate parent company
CAR PROTECT HOLDINGS LTD
#0026118
1 parent
MOTORWAY DIRECT LIMITED
03222540
9 subsidiaries
motorway direct limited directors
Motorway Direct Limited currently has 1 director, Mr Anthony Saunders serving since Apr 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Saunders | United Kingdom | 70 years | Apr 2020 | - | Director |
P&L
September 2023turnover
431.8k
-55%
operating profit
1.8m
0%
gross margin
95.8%
+1.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
2m
+2.05%
total assets
5.6m
+0.53%
cash
108.1k
-0.67%
net assets
Total assets minus all liabilities
motorway direct limited company details
company number
03222540
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
July 1996
age
29
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
motorway direct plc (February 2021)
accountant
CHF ACCOUNTANCY LIMITED
auditor
-
address
courtwood house, silver street head, sheffield, south yorkshire, S1 2DD
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
motorway direct 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 1 charges/mortgages relating to motorway direct limited. Currently there are 0 open charges and 1 have been satisfied in the past.
motorway direct 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.
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motorway direct limited Companies House Filings - See Documents
| date | description | view/download |
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