Arctic Motors Ltd

POWER SEARCH PRICING

SOLUTIONS

arctic motors ltd Company Information

Live

MatureMicroDeclining

Company Number

04211882

Website

www.arcticmotors.co.uk

Registered Address

178 seven sisters road, london, N7 7PX

Industry

Maintenance and repair of motor vehicles

Telephone

02072672750

Next Accounts Due

January 2025

Group Structure

View All

Directors

Sotiris Antonoudiou23 Years

Shareholders

sotiris antonoudiou 40%

chrysoulla antonoudiou 30%

View All

arctic motors ltd Estimated Valuation

£343.4k

Pomanda estimates the enterprise value of ARCTIC MOTORS LTD at £343.4k based on Net Assets of £116.7k and 2.94x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Arctic Motors Ltd is a live company located in london, N7 7PX with a Companies House number of 04211882. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in May 2001, it's largest shareholder is sotiris antonoudiou with a 40% stake. Arctic Motors Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £426.1k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Arctic Motors Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating2.5out of 5

1 Strong

5 Regular

4 Weak

Size

annual sales of £426.1k, make it in line with the average company (£387.3k)

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (6.3%)

EXPORT

Arctic Motors Ltd's latest turnover from April 2023 is estimated at £426.1 thousand and the company has net assets of £116.7 thousand. According to their latest financial statements, Arctic Motors Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Turnover	426,063	411,973	569,446	802,528	816,513	983,439	1,252,717	596,727	465,977	365,322	434,209	408,098	374,498	377,323
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	326,358	322,473	442,923	602,073	610,260	715,936	902,664	428,844	339,597	261,457	309,804	288,426	258,408	261,277
Gross Profit	99,705	89,500	126,523	200,455	206,253	267,503	350,053	167,883	126,381	103,865	124,405	119,671	116,090	116,046
Admin Expenses	93,784	168,139	158,892	194,204	249,387	291,210	279,025	94,772	112,060	87,876	130,915	99,240	96,839	-50,930
Operating Profit	5,921	-78,639	-32,369	6,251	-43,134	-23,707	71,028	73,111	14,321	15,989	-6,510	20,431	19,251	166,976
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	123	428	330	196	149	218	239	123
Pre-Tax Profit	5,921	-78,639	-32,369	6,251	-43,134	-23,707	71,152	73,539	14,651	16,185	-6,361	20,649	19,491	167,099
Tax	-1,480	0	0	-1,188	0	0	-13,519	-14,708	-2,930	-3,399	0	-4,956	-5,068	-46,788
Profit After Tax	4,441	-78,639	-32,369	5,063	-43,134	-23,707	57,633	58,831	11,721	12,786	-6,361	15,693	14,423	120,311
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	4,441	-78,639	-32,369	5,063	-43,134	-23,707	57,633	58,831	11,721	12,786	-6,361	15,693	14,423	120,311
Employee Costs	119,439	149,859	146,580	213,544	171,392	222,209	271,901	106,440	79,740	53,388	80,004	74,732	72,100	73,398
Number Of Employees	5	6	6	8	6	8	10	4	3	2	3	3	3	3
EBITDA*	5,921	-78,639	-32,369	6,251	-43,134	-23,707	71,028	75,873	17,502	19,781	-2,262	25,472	25,438	173,069

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Tangible Assets	6,125	8,092	10,202	12,556	16,113	18,869	16,380	6,005	7,517	9,448	10,914	13,383	17,174	17,311
Intangible Assets	0	0	0	0	0	0	0	12,500	13,750	15,000	16,250	17,500	18,750	20,000
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	6,125	8,092	10,202	12,556	16,113	18,869	16,380	18,505	21,267	24,448	27,164	30,883	35,924	37,311
Stock & work in progress	0	0	0	0	0	0	0	4,850	4,600	3,680	6,750	2,150	3,450	3,635
Trade Debtors	144,059	134,014	213,679	255,084	233,985	279,920	332,911	175,612	128,281	99,696	113,707	103,927	87,063	81,279
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	98,720	72,488	59,662	18,849	40,576	46,529	49,238
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	144,059	134,014	213,679	255,084	233,985	279,920	332,911	279,182	205,369	163,038	139,306	146,653	137,042	134,152
total assets	150,184	142,106	223,881	267,640	250,098	298,789	349,291	297,687	226,636	187,486	166,470	177,536	172,966	171,463
Bank overdraft	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
Trade Creditors	33,492	29,855	32,991	44,381	31,902	37,459	64,254	70,183	57,963	30,534	22,304	26,887	35,959	46,610
Group/Directors Accounts	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
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	33,492	29,855	32,991	44,381	31,902	37,459	64,254	70,183	57,963	30,534	22,304	26,887	35,959	46,610
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	122	2,173	4,442
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	0	0	0	0	122	2,173	4,442
total liabilities	33,492	29,855	32,991	44,381	31,902	37,459	64,254	70,183	57,963	30,534	22,304	27,009	38,132	51,052
net assets	116,692	112,251	190,890	223,259	218,196	261,330	285,037	227,504	168,673	156,952	144,166	150,527	134,834	120,411
total shareholders funds	116,692	112,251	190,890	223,259	218,196	261,330	285,037	227,504	168,673	156,952	144,166	150,527	134,834	120,411

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Operating Activities
Operating Profit	5,921	-78,639	-32,369	6,251	-43,134	-23,707	71,028	73,111	14,321	15,989	-6,510	20,431	19,251	166,976
Depreciation	0	0	0	0	0	0	0	1,512	1,931	2,542	2,998	3,791	4,937	4,843
Amortisation	0	0	0	0	0	0	0	1,250	1,250	1,250	1,250	1,250	1,250	1,250
Tax	-1,480	0	0	-1,188	0	0	-13,519	-14,708	-2,930	-3,399	0	-4,956	-5,068	-46,788
Stock	0	0	0	0	0	0	-4,850	250	920	-3,070	4,600	-1,300	-185	3,635
Debtors	10,045	-79,665	-41,405	21,099	-45,935	-52,991	157,299	47,331	28,585	-14,011	9,780	16,864	5,784	81,279
Creditors	3,637	-3,136	-11,390	12,479	-5,557	-26,795	-5,929	12,220	27,429	8,230	-4,583	-9,072	-10,651	46,610
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-1,967	-2,110	-2,354	-3,557	-2,756	2,489	-100,869	25,804	12,496	41,693	-21,225	-4,120	4,120	87,977
Investing Activities
capital expenditure	1,967	2,110	2,354	3,557	2,756	-2,489	2,125	0	0	-1,076	-529	0	-4,800	-43,404
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	1,967	2,110	2,354	3,557	2,756	-2,489	2,125	0	0	-1,076	-529	0	-4,800	-43,404
Financing Activities
Bank loans	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
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	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
other long term liabilities	0	0	0	0	0	0	0	0	0	0	-122	-2,051	-2,269	4,442
share issue	0	0	0	0	0	0	-100	0	0	0	0	0	0	100
interest	0	0	0	0	0	0	123	428	330	196	149	218	239	123
cash flow from financing	0	0	0	0	0	0	23	428	330	196	27	-1,833	-2,030	4,665
cash and cash equivalents
cash	0	0	0	0	0	0	-98,720	26,232	12,826	40,813	-21,727	-5,953	-2,709	49,238
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	-98,720	26,232	12,826	40,813	-21,727	-5,953	-2,709	49,238

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for arctic motors ltd. Get real-time insights into arctic motors ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for arctic motors ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in N 7 area or any other competitors across 12 key performance metrics.

ARCTIC MOTORS LTD group structure

Arctic Motors Ltd has no subsidiary companies.

Ultimate parent company

ARCTIC MOTORS LTD

04211882

ARCTIC MOTORS LTD Shareholders

sotiris antonoudiou	40%
chrysoulla antonoudiou	30%
christodoulos antonoudiou	15%
marios antonoudiou	15%

Arctic Motors Ltd currently has 1 director, Mr Sotiris Antonoudiou serving since May 2001.

officer	country	age	start	end	role
Mr Sotiris Antonoudiou		69 years	May 2001	-	Director

P&L

April 2023

turnover

426.1k

+3%

operating profit

5.9k

gross margin

23.5%

+7.72%

turnover

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

Balance Sheet

April 2023

net assets

116.7k

+0.04%

total assets

150.2k

+0.06%

cash

net assets

Total assets minus all liabilities

Similar Companies

r s k tyres limited

smarts4youracing limited

m n j mot's limited

automania garage services (gatwick) limited

fast lane carcare limited

company number

04211882

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

May 2001

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

April 2023

address

178 seven sisters road, london, N7 7PX

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 arctic motors ltd.

arctic motors ltd Company Information

arctic motors ltd Estimated Valuation

arctic motors ltd Estimated Valuation

arctic motors ltd Estimated Valuation

Arctic Motors Ltd Overview

Arctic Motors Ltd Health Check

ARCTIC MOTORS LTD financials

arctic motors ltd Credit Report and Business Information

Arctic Motors Ltd Competitor Analysis

arctic motors ltd Ownership

arctic motors ltd directors

arctic motors ltd company details

arctic motors ltd Charges & Mortgages

arctic motors ltd Companies House Filings - See Documents