lydney tyre & auto services limited Company Information
Company Number
04072933
Website
http://ltaservices.co.ukRegistered Address
9 the marina harbour road, lydney, gloucestershire, GL15 5ET
Industry
Maintenance and repair of motor vehicles
Telephone
01594841555
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
andrew george 50%
c.w. webb 50%
lydney tyre & auto services limited Estimated Valuation
Pomanda estimates the enterprise value of LYDNEY TYRE & AUTO SERVICES LIMITED at £110.5k based on a Turnover of £412.2k and 0.27x industry multiple (adjusted for size and gross margin).
lydney tyre & auto services limited Estimated Valuation
Pomanda estimates the enterprise value of LYDNEY TYRE & AUTO SERVICES LIMITED at £109.6k based on an EBITDA of £32.6k and a 3.36x industry multiple (adjusted for size and gross margin).
lydney tyre & auto services limited Estimated Valuation
Pomanda estimates the enterprise value of LYDNEY TYRE & AUTO SERVICES LIMITED at £192.7k based on Net Assets of £65.5k and 2.94x industry multiple (adjusted for liquidity).
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Lydney Tyre & Auto Services Limited Overview
Lydney Tyre & Auto Services Limited is a live company located in gloucestershire, GL15 5ET with a Companies House number of 04072933. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in September 2000, it's largest shareholder is andrew george with a 50% stake. Lydney Tyre & Auto Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £412.2k with declining growth in recent years.
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Lydney Tyre & Auto Services Limited Health Check
Pomanda's financial health check has awarded Lydney Tyre & Auto Services Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
6 Regular
2 Weak
Size
annual sales of £412.2k, make it in line with the average company (£383.1k)
- Lydney Tyre & Auto Services Limited
£383.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (7.4%)
- Lydney Tyre & Auto Services Limited
7.4% - Industry AVG
Production
with a gross margin of 37.3%, this company has a comparable cost of product (37.3%)
- Lydney Tyre & Auto Services Limited
37.3% - Industry AVG
Profitability
an operating margin of 6.6% make it as profitable than the average company (6%)
- Lydney Tyre & Auto Services Limited
6% - Industry AVG
Employees
with 9 employees, this is above the industry average (5)
9 - Lydney Tyre & Auto Services Limited
5 - Industry AVG
Pay Structure
on an average salary of £25.5k, the company has an equivalent pay structure (£25.5k)
- Lydney Tyre & Auto Services Limited
£25.5k - Industry AVG
Efficiency
resulting in sales per employee of £45.8k, this is less efficient (£94.6k)
- Lydney Tyre & Auto Services Limited
£94.6k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (37 days)
- Lydney Tyre & Auto Services Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (38 days)
- Lydney Tyre & Auto Services Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is in line with average (23 days)
- Lydney Tyre & Auto Services Limited
23 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 63 weeks, this is more cash available to meet short term requirements (14 weeks)
63 weeks - Lydney Tyre & Auto Services Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.4%, this is a similar level of debt than the average (66.4%)
71.4% - Lydney Tyre & Auto Services Limited
66.4% - Industry AVG
LYDNEY TYRE & AUTO SERVICES LIMITED financials
Lydney Tyre & Auto Services Limited's latest turnover from September 2023 is estimated at £412.2 thousand and the company has net assets of £65.5 thousand. According to their latest financial statements, Lydney Tyre & Auto Services Limited has 9 employees and maintains cash reserves of £157.1 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 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 459,748 | 412,024 | |||||||||||||
Other Income Or Grants | 0 | 0 | |||||||||||||
Cost Of Sales | 228,192 | 241,653 | |||||||||||||
Gross Profit | 231,556 | 170,371 | |||||||||||||
Admin Expenses | 188,052 | 136,710 | |||||||||||||
Operating Profit | 43,504 | 33,661 | |||||||||||||
Interest Payable | 0 | 11 | |||||||||||||
Interest Receivable | 6 | 133 | |||||||||||||
Pre-Tax Profit | 43,510 | 33,783 | |||||||||||||
Tax | -14,437 | -4,551 | |||||||||||||
Profit After Tax | 29,073 | 29,232 | |||||||||||||
Dividends Paid | 65,117 | 43,771 | |||||||||||||
Retained Profit | -36,044 | -14,539 | |||||||||||||
Employee Costs | 81,472 | ||||||||||||||
Number Of Employees | 9 | 10 | 9 | 9 | 9 | 8 | |||||||||
EBITDA* | 48,325 | 37,410 |
* 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 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 36,407 | 32,333 | 35,968 | 38,264 | 40,221 | 37,137 | 33,989 | 31,399 | 29,487 | 21,420 | 26,685 | 27,605 | 20,963 | 18,154 | 13,394 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,788 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 36,407 | 32,333 | 35,968 | 38,264 | 40,221 | 37,137 | 33,989 | 31,399 | 29,487 | 21,420 | 26,685 | 27,605 | 20,963 | 18,154 | 17,182 |
Stock & work in progress | 13,871 | 10,196 | 8,550 | 0 | 0 | 0 | 0 | 6,798 | 6,525 | 6,930 | 6,930 | 6,645 | 7,753 | 7,253 | 1,010 |
Trade Debtors | 21,808 | 10,068 | 13,748 | 170,517 | 69,730 | 75,014 | 77,515 | 23,309 | 24,976 | 22,757 | 22,356 | 34,837 | 31,066 | 28,802 | 1,187 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 153 | 1,906 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,665 |
Cash | 157,112 | 160,451 | 166,483 | 0 | 0 | 0 | 0 | 24,375 | 35,072 | 40,633 | 28,153 | 38,090 | 29,875 | 12,763 | 32,018 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 192,791 | 180,868 | 190,687 | 170,517 | 69,730 | 75,014 | 77,515 | 54,482 | 66,573 | 70,320 | 57,439 | 79,572 | 68,694 | 48,818 | 54,880 |
total assets | 229,198 | 213,201 | 226,655 | 208,781 | 109,951 | 112,151 | 111,504 | 85,881 | 96,060 | 91,740 | 84,124 | 107,177 | 89,657 | 66,972 | 72,062 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 61,092 | 54,578 | 61,798 | 126,948 | 89,849 | 93,389 | 92,982 | 70,674 | 75,663 | 76,860 | 66,935 | 78,728 | 74,747 | 29,444 | 2,314 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 66,635 | 74,392 | 74,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,919 | 20,095 |
total current liabilities | 127,727 | 128,970 | 135,965 | 126,948 | 89,849 | 93,389 | 92,982 | 70,674 | 75,663 | 76,860 | 66,935 | 78,728 | 74,747 | 53,363 | 22,409 |
loans | 29,167 | 39,167 | 49,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 | 1,695 | 3,390 | 0 | 5,883 | 8,012 | 0 | 0 | 0 |
provisions | 6,824 | 3,030 | 0 | 0 | 0 | 0 | 0 | 6,097 | 5,897 | 4,284 | 5,337 | 5,521 | 4,365 | 0 | 0 |
total long term liabilities | 35,991 | 42,197 | 49,167 | 50,000 | 0 | 0 | 0 | 7,792 | 9,287 | 4,284 | 11,220 | 13,533 | 4,365 | 0 | 0 |
total liabilities | 163,718 | 171,167 | 185,132 | 176,948 | 89,849 | 93,389 | 92,982 | 78,466 | 84,950 | 81,144 | 78,155 | 92,261 | 79,112 | 53,363 | 22,409 |
net assets | 65,480 | 42,034 | 41,523 | 31,833 | 20,102 | 18,762 | 18,522 | 7,415 | 11,110 | 10,596 | 5,969 | 14,916 | 10,545 | 13,609 | 49,653 |
total shareholders funds | 65,480 | 42,034 | 41,523 | 31,833 | 20,102 | 18,762 | 18,522 | 7,415 | 11,110 | 10,596 | 5,969 | 14,916 | 10,545 | 13,609 | 49,653 |
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 43,504 | 33,661 | |||||||||||||
Depreciation | 5,526 | 6,681 | 6,681 | 7,145 | 3,928 | 4,359 | 5,903 | 5,933 | 3,865 | 4,821 | 3,749 | ||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
Tax | -14,437 | -4,551 | |||||||||||||
Stock | 3,675 | 1,646 | 8,550 | 0 | 0 | 0 | -6,798 | 273 | -405 | 0 | 285 | -1,108 | 500 | 6,243 | 1,010 |
Debtors | 11,587 | -5,433 | -154,863 | 100,787 | -5,284 | -2,501 | 54,206 | -1,667 | 2,219 | 401 | -12,481 | 3,771 | 2,264 | 6,950 | 21,852 |
Creditors | 6,514 | -7,220 | -65,150 | 37,099 | -3,540 | 407 | 22,308 | -4,989 | -1,197 | 9,925 | -11,793 | 3,981 | 45,303 | 27,130 | 2,314 |
Accruals and Deferred Income | -7,757 | 225 | 74,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23,919 | 3,824 | 20,095 |
Deferred Taxes & Provisions | 3,794 | 3,030 | 0 | 0 | 0 | 0 | -6,097 | 200 | 1,613 | -1,053 | -184 | 1,156 | 4,365 | 0 | 0 |
Cash flow from operations | 51,649 | 32,406 | |||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,788 | 3,788 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -10,000 | -10,000 | 49,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | -50,000 | 50,000 | 0 | 0 | -1,695 | -1,695 | 3,390 | -5,883 | -2,129 | 8,012 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 6 | 122 | |||||||||||||
cash flow from financing | 6 | 64,314 | |||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -3,339 | -6,032 | 166,483 | 0 | 0 | 0 | -24,375 | -10,697 | -5,561 | 12,480 | -9,937 | 8,215 | 17,112 | -19,255 | 32,018 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -3,339 | -6,032 | 166,483 | 0 | 0 | 0 | -24,375 | -10,697 | -5,561 | 12,480 | -9,937 | 8,215 | 17,112 | -19,255 | 32,018 |
lydney tyre & auto services limited Credit Report and Business Information
Lydney Tyre & Auto Services Limited Competitor Analysis
Perform a competitor analysis for lydney tyre & auto services limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in GL15 area or any other competitors across 12 key performance metrics.
lydney tyre & auto services limited Ownership
LYDNEY TYRE & AUTO SERVICES LIMITED group structure
Lydney Tyre & Auto Services Limited has no subsidiary companies.
Ultimate parent company
LYDNEY TYRE & AUTO SERVICES LIMITED
04072933
lydney tyre & auto services limited directors
Lydney Tyre & Auto Services Limited currently has 2 directors. The longest serving directors include Mr Andrew George (Mar 2002) and Mr Charles Webb (May 2004).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Andrew George | United Kingdom | 54 years | Mar 2002 | - | Director |
Mr Charles Webb | 54 years | May 2004 | - | Director |
P&L
September 2023turnover
412.2k
+18%
operating profit
27.1k
0%
gross margin
37.4%
+5.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
65.5k
+0.56%
total assets
229.2k
+0.08%
cash
157.1k
-0.02%
net assets
Total assets minus all liabilities
lydney tyre & auto services limited company details
company number
04072933
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
September 2000
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
marriots auditing limited (February 2002)
marriotts (bristol) limited (September 2001)
accountant
KNIGHTS
auditor
-
address
9 the marina harbour road, lydney, gloucestershire, GL15 5ET
Bank
-
Legal Advisor
-
lydney tyre & auto services 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 did not find charges/mortgages relating to lydney tyre & auto services limited.
lydney tyre & auto services limited Companies House Filings - See Documents
date | description | view/download |
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