Renting and leasing of cars and light motor vehicles
Registered Address
lcp car park roseford court, 34 shepherds bush green, london, W12 8RA
Website
-
euro express car hire ltdEstimated Valuation
£514.9k
Pomanda estimates the enterprise value of EURO EXPRESS CAR HIRE LTD at £514.9k based on a Turnover of £770k and 0.67x industry multiple (adjusted for size and gross margin).
euro express car hire ltdEstimated Valuation
£3.6m
Pomanda estimates the enterprise value of EURO EXPRESS CAR HIRE LTD at £3.6m based on an EBITDA of £1.2m and a 3.08x industry multiple (adjusted for size and gross margin).
euro express car hire ltdEstimated Valuation
£5m
Pomanda estimates the enterprise value of EURO EXPRESS CAR HIRE LTD at £5m based on Net Assets of £2.2m and 2.24x industry multiple (adjusted for liquidity).
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Euro Express Car Hire LtdOverview
Euro Express Car Hire Ltd is a live company located in london, W12 8RA with a Companies House number of 03946277. It operates in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in March 2000, it's largest shareholder is
elias abi-elias
with a 50% stake. Euro Express Car Hire Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£770k with
high
growth in recent years.
Pomanda's financial health check has awarded Euro Express Car Hire Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
2 Regular
4 Weak
Size
annual sales of £770k, make it smaller than the average company (£14m)
£770k - Euro Express Car Hire Ltd
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (11.3%)
24% - Euro Express Car Hire Ltd
11.3% - Industry AVG
Production
with a gross margin of 30.2%, this company has a comparable cost of product (30.2%)
30.2% - Euro Express Car Hire Ltd
30.2% - Industry AVG
Profitability
an operating margin of 82.7% make it more profitable than the average company (12.4%)
82.7% - Euro Express Car Hire Ltd
12.4% - Industry AVG
Employees
with 7 employees, this is below the industry average (35)
7 - Euro Express Car Hire Ltd
35 - Industry AVG
Pay Structure
on an average salary of £42.7k, the company has an equivalent pay structure (£42.7k)
£42.7k - Euro Express Car Hire Ltd
£42.7k - Industry AVG
Efficiency
resulting in sales per employee of £110k, this is less efficient (£303k)
£110k - Euro Express Car Hire Ltd
£303k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (32 days)
16 days - Euro Express Car Hire Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (25 days)
1 days - Euro Express Car Hire Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Euro Express Car Hire Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 73 weeks, this is more cash available to meet short term requirements (4 weeks)
73 weeks - Euro Express Car Hire Ltd
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.1%, this is a lower level of debt than the average (79%)
13.1% - Euro Express Car Hire Ltd
79% - Industry AVG
EURO EXPRESS CAR HIRE LTD financials
EXPORT
Euro Express Car Hire Ltd's latest turnover from March 2024 is estimated at £770 thousand and the company has net assets of £2.2 million. According to their latest financial statements, Euro Express Car Hire Ltd has 7 employees and maintains cash reserves of £480.4 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
770,022
692,324
634,291
406,013
522,728
975,734
773,399
849,857
1,230,748
303,753
720,484
1,116,829
567,202
3,069,455
1,466,124
Other Income Or Grants
Cost Of Sales
537,265
470,637
445,153
316,014
388,694
711,299
551,698
598,091
885,096
221,091
512,379
797,394
398,707
2,105,850
1,017,341
Gross Profit
232,757
221,687
189,138
89,999
134,033
264,435
221,701
251,766
345,652
82,662
208,105
319,436
168,494
963,605
448,784
Admin Expenses
-403,810
-244,567
153,670
226,952
237,986
419,457
126,106
191,631
-91,413
51,294
-40,593
-102,298
-38,572
690,479
-50,871
Operating Profit
636,567
466,254
35,468
-136,953
-103,953
-155,022
95,595
60,135
437,065
31,368
248,698
421,734
207,066
273,126
499,655
Interest Payable
2,563
3,375
1,525
Interest Receivable
18,156
7,076
4,340
894
814
8,121
4,974
1,771
2,765
2,145
2,677
1,845
557
254
37
Pre-Tax Profit
654,723
470,768
36,433
-137,584
-103,139
-146,901
100,569
61,906
439,830
33,513
251,375
423,579
207,623
273,381
499,692
Tax
-163,681
-89,446
-6,922
-19,108
-12,381
-87,966
-7,038
-57,816
-101,659
-53,982
-76,547
-139,914
Profit After Tax
491,042
381,322
29,511
-137,584
-103,139
-146,901
81,461
49,525
351,864
26,475
193,559
321,920
153,641
196,834
359,778
Dividends Paid
Retained Profit
491,042
381,322
29,511
-137,584
-103,139
-146,901
81,461
49,525
351,864
26,475
193,559
321,920
153,641
196,834
359,778
Employee Costs
298,956
324,576
216,758
201,221
201,231
204,482
195,925
199,936
161,276
61,000
86,287
116,000
58,215
363,146
216,547
Number Of Employees
7
8
6
6
6
6
6
6
5
2
3
4
2
13
7
EBITDA*
1,156,568
837,818
322,355
80,135
263,313
189,805
510,661
550,845
891,629
423,598
547,690
598,248
207,066
584,306
499,655
* 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
1,255,801
908,795
446,328
336,643
758,921
717,551
686,425
1,029,149
1,042,422
928,208
934,836
759,135
707,657
411,683
374,476
Intangible Assets
6,000
12,000
18,000
24,000
30,000
36,000
42,000
48,000
48,000
Investments & Other
64,000
50,000
76,000
59,000
54,500
Debtors (Due After 1 year)
Total Fixed Assets
1,319,801
958,795
522,328
395,643
813,421
717,551
692,425
1,041,149
1,060,422
952,208
964,836
795,135
749,657
459,683
422,476
Stock & work in progress
Trade Debtors
34,762
4,370
4,461
9,490
31,460
152,284
25,453
37,491
74,625
18,232
22,441
12,960
13,758
394,940
139,499
Group Debtors
737,343
752,293
922,890
Misc Debtors
15,264
71,506
13,807
12,802
17,440
24,468
23,316
Cash
480,430
211,215
121,793
1,035,500
752,541
876,126
1,289,552
700,074
717,004
388,914
468,939
601,908
135,911
86,975
14,792
misc current assets
total current assets
1,267,799
1,039,384
1,062,951
1,057,792
801,441
1,052,878
1,338,321
737,565
791,629
407,146
491,380
614,868
149,669
481,915
154,291
total assets
2,587,600
1,998,179
1,585,279
1,453,435
1,614,862
1,770,429
2,030,746
1,778,714
1,852,051
1,359,354
1,456,216
1,410,003
899,326
941,598
576,767
Bank overdraft
Bank loan
Trade Creditors
1,595
4,088
8,325
6,599
8,077
117,273
125,116
238,838
63,479
230,482
377,828
189,071
384,984
216,987
Group/Directors Accounts
55,130
42,566
6,526
476
318
other short term finances
hp & lease commitments
34,855
62,769
7,735
other current liabilities
246,710
130,488
151,807
47,199
122,926
81,453
178,414
total current liabilities
338,290
239,911
158,333
56,000
129,843
97,265
295,687
125,116
238,838
63,479
230,482
377,828
189,071
384,984
216,987
loans
50,000
50,000
hp & lease commitments
85,006
Accruals and Deferred Income
other liabilities
4,362
8,483
provisions
4,778
35,183
total long term liabilities
50,000
50,000
85,006
9,140
43,666
total liabilities
338,290
239,911
208,333
106,000
129,843
182,271
295,687
125,116
247,978
107,145
230,482
377,828
189,071
384,984
216,987
net assets
2,249,310
1,758,268
1,376,946
1,347,435
1,485,019
1,588,158
1,735,059
1,653,598
1,604,073
1,252,209
1,225,734
1,032,175
710,255
556,614
359,780
total shareholders funds
2,249,310
1,758,268
1,376,946
1,347,435
1,485,019
1,588,158
1,735,059
1,653,598
1,604,073
1,252,209
1,225,734
1,032,175
710,255
556,614
359,780
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
636,567
466,254
35,468
-136,953
-103,953
-155,022
95,595
60,135
437,065
31,368
248,698
421,734
207,066
273,126
499,655
Depreciation
520,001
371,564
286,887
217,088
367,266
338,827
409,066
484,710
448,564
386,230
292,992
170,514
311,180
Amortisation
6,000
6,000
6,000
6,000
6,000
6,000
6,000
Tax
-163,681
-89,446
-6,922
-19,108
-12,381
-87,966
-7,038
-57,816
-101,659
-53,982
-76,547
-139,914
Stock
Debtors
-40,800
-112,989
918,866
-26,608
-127,852
127,983
11,278
-37,134
56,393
-4,209
9,481
-798
-381,182
255,441
139,499
Creditors
-2,493
4,088
-8,325
1,726
-1,478
-109,196
-7,843
-113,722
175,359
-167,003
-147,346
188,757
-195,913
167,997
216,987
Accruals and Deferred Income
116,222
-21,319
104,608
-75,727
41,473
-96,961
178,414
Deferred Taxes & Provisions
-4,778
-30,405
35,183
Cash flow from operations
1,147,416
844,130
-507,150
32,742
431,160
-144,335
650,846
457,098
892,224
288,949
333,047
686,144
338,353
420,315
437,229
Investing Activities
capital expenditure
-867,007
-834,031
-396,572
205,190
-408,636
-369,953
-66,342
-471,437
-562,778
-379,602
-468,693
-221,992
-289,974
-348,387
-422,476
Change in Investments
14,000
-26,000
17,000
4,500
54,500
cash flow from investments
-881,007
-808,031
-413,572
200,690
-463,136
-369,953
-66,342
-471,437
-562,778
-379,602
-468,693
-221,992
-289,974
-348,387
-422,476
Financing Activities
Bank loans
Group/Directors Accounts
12,564
36,040
6,050
158
318
Other Short Term Loans
Long term loans
-50,000
50,000
Hire Purchase and Lease Commitments
-27,914
62,769
-92,741
92,741
other long term liabilities
-4,362
-4,121
8,483
share issue
2
interest
18,156
4,513
965
-631
814
8,121
4,974
1,771
2,765
2,145
2,677
1,845
557
254
37
cash flow from financing
2,806
53,322
7,015
49,527
-91,609
100,862
4,974
-2,591
-1,356
10,628
2,677
1,845
557
254
39
cash and cash equivalents
cash
269,215
89,422
-913,707
282,959
-123,585
-413,426
589,478
-16,930
328,090
-80,025
-132,969
465,997
48,936
72,183
14,792
overdraft
change in cash
269,215
89,422
-913,707
282,959
-123,585
-413,426
589,478
-16,930
328,090
-80,025
-132,969
465,997
48,936
72,183
14,792
euro express car hire 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 euro express car hire ltd. Get real-time insights into euro express car hire ltd's credit score, group structure and payment trends.
Perform a competitor analysis for euro express car hire ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in W12 area or any other competitors across 12 key performance metrics.
euro express car hire ltd Ownership
EURO EXPRESS CAR HIRE LTD group structure
Euro Express Car Hire Ltd has no subsidiary companies.
Ultimate parent company
EURO EXPRESS CAR HIRE LTD
03946277
EURO EXPRESS CAR HIRE LTD Shareholders
The largest shareholders in Euro Express Car Hire Ltd include Elias Abi-Elias and Carmen Abi-Elias.
elias abi-elias
50%
carmen abi-elias
50%
euro express car hire ltd directors
Euro Express Car Hire Ltd currently has 2 directors.
The longest serving directors include
Mr Elias Abi-Elias (Mar 2000) and
Mrs Carmen Abi-Elias (Mar 2024).
77110 - Renting and leasing of cars and light motor vehicles
incorporation date
March 2000
age
25
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
car hire 2000 limited (March 2002)
accountant
WINDFALL ACCOUNTING LLP
auditor
-
address
lcp car park roseford court, 34 shepherds bush green, london, W12 8RA
Bank
-
Legal Advisor
-
euro express car hire 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 did not find charges/mortgages relating to euro express car hire ltd.
euro express car hire 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.
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euro express car hire ltdCompanies House Filings - See Documents
