allied comline limited

allied comline limited Company Information

Share ALLIED COMLINE LIMITED
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Company Number

03425533

Industry

Wholesale trade of motor vehicle parts and accessories

 

Shareholders

allied nippon ltd

comline holdings limited

Group Structure

View All

Contact

Registered Address

unit 4a bedford commercial park, swallow way, bedford, MK43 9ST

allied comline limited Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of ALLIED COMLINE LIMITED at £4.6m based on a Turnover of £18.2m and 0.25x industry multiple (adjusted for size and gross margin).

allied comline limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of ALLIED COMLINE LIMITED at £1.8m based on an EBITDA of £613.8k and a 2.97x industry multiple (adjusted for size and gross margin).

allied comline limited Estimated Valuation

£276.1k

Pomanda estimates the enterprise value of ALLIED COMLINE LIMITED at £276.1k based on Net Assets of £111.1k and 2.48x industry multiple (adjusted for liquidity).

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Allied Comline Limited Overview

Allied Comline Limited is a live company located in bedford, MK43 9ST with a Companies House number of 03425533. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in August 1997, it's largest shareholder is allied nippon ltd with a 51% stake. Allied Comline Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.2m with healthy growth in recent years.

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Allied Comline Limited Health Check

Pomanda's financial health check has awarded Allied Comline Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

6 Weak

size

Size

annual sales of £18.2m, make it in line with the average company (£17.8m)

£18.2m - Allied Comline Limited

£17.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (11.4%)

9% - Allied Comline Limited

11.4% - Industry AVG

production

Production

with a gross margin of 8.2%, this company has a higher cost of product (27%)

8.2% - Allied Comline Limited

27% - Industry AVG

profitability

Profitability

an operating margin of 3.4% make it less profitable than the average company (5.6%)

3.4% - Allied Comline Limited

5.6% - Industry AVG

employees

Employees

with 59 employees, this is similar to the industry average (52)

59 - Allied Comline Limited

52 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Allied Comline Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £308k, this is equally as efficient (£312.7k)

£308k - Allied Comline Limited

£312.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 63 days, this is later than average (51 days)

63 days - Allied Comline Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (45 days)

4 days - Allied Comline Limited

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 5 days, this is less than average (100 days)

5 days - Allied Comline Limited

100 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (10 weeks)

11 weeks - Allied Comline Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.8%, this is a higher level of debt than the average (51.8%)

98.8% - Allied Comline Limited

51.8% - Industry AVG

ALLIED COMLINE LIMITED financials

EXPORTms excel logo

Allied Comline Limited's latest turnover from March 2024 is £18.2 million and the company has net assets of £111.1 thousand. According to their latest financial statements, we estimate that Allied Comline Limited has 59 employees and maintains cash reserves of £2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover18,173,40412,537,85716,050,87914,031,45813,608,58814,579,0935,254,8305,556,82211,206,97410,515,40411,987,1509,897,8064,673,5568,206,7848,606,309
Other Income Or Grants000000000000000
Cost Of Sales16,690,88711,576,94015,338,14113,009,49012,503,19313,291,6153,837,9914,028,1879,837,3369,180,9238,736,5337,256,8823,401,4425,899,0126,216,380
Gross Profit1,482,517960,917712,7381,021,9681,105,3951,287,4781,416,8391,528,6351,369,6381,334,4813,250,6162,640,9241,272,1142,307,7722,389,930
Admin Expenses868,732558,019357,439586,980695,485708,9891,271,9291,543,823777,196747,6193,274,7732,799,9711,110,1222,189,3431,546,613
Operating Profit613,785402,898355,299434,988409,910578,489144,910-15,188592,442586,862-24,157-159,047161,992118,429843,317
Interest Payable356,113166,78937,68524,06674,63192,67023,9238,31440,37948,659003,4283,4280
Interest Receivable0000002,9831,00500312320158
Pre-Tax Profit257,672236,109317,614410,922335,279485,819123,970-22,497552,063538,203-24,126-159,024158,584115,015843,325
Tax-64,427-45,102-60,347-78,077-63,703-92,309-23,5540-107,821-112,97900-41,232-32,204-236,131
Profit After Tax193,245191,007257,267332,845271,576393,510100,416-22,497444,242425,224-24,126-159,024117,35282,811607,194
Dividends Paid200,000300,000400,000400,000400,000400,00000400,000600,00000000
Retained Profit-6,755-108,993-142,733-67,155-128,424-6,490100,416-22,49744,242-174,776-24,126-159,024117,35282,811607,194
Employee Costs000000001,460,6211,201,2291,375,8061,149,575530,476938,2271,047,293
Number Of Employees594662777242651445042203540
EBITDA*613,785402,898355,299434,988409,910578,489144,910-15,188592,442586,862-24,157-159,047161,992118,429843,317

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000000000000000
Stock & work in progress256,403133,858258,781921,361539,463963,849956,362685,6201,075,486797,5331,272,2531,202,8421,187,6291,199,4101,258,619
Trade Debtors3,177,8922,216,9192,537,7961,989,8391,793,0871,473,3091,583,3091,754,5321,144,7041,292,8382,407,0501,930,593791,9271,582,6601,421,405
Group Debtors3,566,7574,159,9252,291,4941,535,4653,159,7164,815,7961,249,336462,543338,512000000
Misc Debtors24,666914,240146,211441,61836,04147,01481,09962,56365,873000000
Cash1,956,713440,7872,540,490812,4781,129,3460703,917489,261314,66017,5668,6843,7835,3932,8043,103
misc current assets000000000000000
total current assets8,982,4317,865,7297,774,7725,700,7616,657,6537,299,9684,574,0233,454,5192,939,2352,107,9373,687,9873,137,2181,984,9492,784,8742,683,127
total assets8,982,4317,865,7297,774,7725,700,7616,657,6537,299,9684,574,0233,454,5192,939,2352,107,9373,687,9873,137,2181,984,9492,784,8742,683,127
Bank overdraft292,701350,8211,554,726219,874263,429808,93996,459266,04700000105,4910
Bank loan00000931,391373,57500000000
Trade Creditors 197,21438,640453,764298,478104,562163,992106,53431,43776,67063,4242,465,3411,890,446922,4571,782,1652,075,833
Group/Directors Accounts6,339,9325,653,3243,749,9894,606,0454,362,8723,538,450196,000196,0000426,225598,339598,339000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities2,041,4421,705,0471,789,403206,7411,490,0121,291,9943,229,7632,489,7592,368,7921,168,75700255,035207,1130
total current liabilities8,871,2897,747,8327,547,8825,331,1386,220,8756,734,7664,002,3312,983,2432,445,4621,658,4063,063,6802,488,7851,177,4922,094,7692,075,833
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities8,871,2897,747,8327,547,8825,331,1386,220,8756,734,7664,002,3312,983,2432,445,4621,658,4063,063,6802,488,7851,177,4922,094,7692,075,833
net assets111,142117,897226,890369,623436,778565,202571,692471,276493,773449,531624,307648,433807,457690,105607,294
total shareholders funds111,142117,897226,890369,623436,778565,202571,692471,276493,773449,531624,307648,433807,457690,105607,294
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit613,785402,898355,299434,988409,910578,489144,910-15,188592,442586,862-24,157-159,047161,992118,429843,317
Depreciation000000000000000
Amortisation000000000000000
Tax-64,427-45,102-60,347-78,077-63,703-92,309-23,5540-107,821-112,97900-41,232-32,204-236,131
Stock122,545-124,923-662,580381,898-424,3867,487270,742-389,866277,953-474,72069,41115,213-11,781-59,2091,258,619
Debtors-521,7692,315,5831,008,579-1,021,922-1,347,2753,422,375634,106730,549256,251-1,114,212476,4571,138,666-790,733161,2551,421,405
Creditors158,574-415,124155,286193,916-59,43057,45875,097-45,23313,246-2,401,917574,895967,989-859,708-293,6682,075,833
Accruals and Deferred Income336,395-84,3561,582,662-1,283,271198,018-1,937,769740,004120,9671,200,0351,168,7570-255,03547,922207,1130
Deferred Taxes & Provisions000000000000000
Cash flow from operations1,443,551-2,332,3441,686,901-92,4202,256,456-4,823,99331,609-280,1371,163,698829,6554,870-599,972111,488-102,3762,995
Investing Activities
capital expenditure000000000000000
Change in Investments000000000000000
cash flow from investments000000000000000
Financing Activities
Bank loans0000-931,391557,816373,57500000000
Group/Directors Accounts686,6081,903,335-856,056243,173824,4223,342,4500196,000-426,225-172,1140598,339000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000000000100
interest-356,113-166,789-37,685-24,066-74,631-92,670-20,940-7,309-40,379-48,6593123-3,408-3,4138
cash flow from financing330,4951,736,546-893,741219,107-181,6003,807,596352,635188,691-466,604-220,77331598,362-3,408-3,413108
cash and cash equivalents
cash1,515,926-2,099,7031,728,012-316,8681,129,346-703,917214,656174,601297,0948,8824,901-1,6102,589-2993,103
overdraft-58,120-1,203,9051,334,852-43,555-545,510712,480-169,588266,0470000-105,491105,4910
change in cash1,574,046-895,798393,160-273,3131,674,856-1,416,397384,244-91,446297,0948,8824,901-1,610108,080-105,7903,103

allied comline 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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Allied Comline Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for allied comline limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in MK43 area or any other competitors across 12 key performance metrics.

allied comline limited Ownership

ALLIED COMLINE LIMITED group structure

Allied Comline Limited has no subsidiary companies.

Ultimate parent company

ALLIED NIPPON LTD

#0032967

1 parent

ALLIED COMLINE LIMITED

03425533

ALLIED COMLINE LIMITED Shareholders

allied nippon ltd 51%
comline holdings limited 49%

allied comline limited directors

Allied Comline Limited currently has 7 directors. The longest serving directors include Mr Divyesh Kamdar (Aug 1997) and Mr Nilesh Popat (Aug 1997).

officercountryagestartendrole
Mr Divyesh KamdarEngland63 years Aug 1997- Director
Mr Nilesh PopatEngland60 years Aug 1997- Director
Mrs Madhu Talwar73 years Apr 1999- Director
Mr Ravi TalwarIndia75 years Apr 1999- Director
Mr Rohan TalwarIndia42 years Jun 2009- Director
Dr Keith Ellis61 years Jul 2009- Director
Mr Ishan KamdarEngland36 years Oct 2012- Director

P&L

March 2024

turnover

18.2m

+45%

operating profit

613.8k

+52%

gross margin

8.2%

+6.44%

turnover

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

Balance Sheet

March 2024

net assets

111.1k

-0.06%

total assets

9m

+0.14%

cash

2m

+3.44%

net assets

Total assets minus all liabilities

allied comline limited company details

company number

03425533

Type

Private limited with Share Capital

industry

45310 - Wholesale trade of motor vehicle parts and accessories

incorporation date

August 1997

age

28

incorporated

UK

ultimate parent company

ALLIED NIPPON LTD

accounts

Full Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

MHA

address

unit 4a bedford commercial park, swallow way, bedford, MK43 9ST

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

allied comline 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 10 charges/mortgages relating to allied comline limited. Currently there are 2 open charges and 8 have been satisfied in the past.

allied comline 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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allied comline limited Companies House Filings - See Documents

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