elite garages limited
elite garages limited Company Information
Company Number
04302609
Next Accounts
Jul 2025
Shareholders
philip howard lawden
Group Structure
View All
Industry
Maintenance and repair of motor vehicles
Registered Address
8 spur road, cosham, portsmouth, PO6 3EB
Website
www.elitegarages.co.ukelite garages limited Estimated Valuation
Pomanda estimates the enterprise value of ELITE GARAGES LIMITED at £27.8k based on a Turnover of £121.2k and 0.23x industry multiple (adjusted for size and gross margin).
elite garages limited Estimated Valuation
Pomanda estimates the enterprise value of ELITE GARAGES LIMITED at £7.7k based on an EBITDA of £2.8k and a 2.78x industry multiple (adjusted for size and gross margin).
elite garages limited Estimated Valuation
Pomanda estimates the enterprise value of ELITE GARAGES LIMITED at £68.5k based on Net Assets of £22.2k and 3.09x industry multiple (adjusted for liquidity).
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Elite Garages Limited Overview
Elite Garages Limited is a live company located in portsmouth, PO6 3EB with a Companies House number of 04302609. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in October 2001, it's largest shareholder is philip howard lawden with a 100% stake. Elite Garages Limited is a mature, micro sized company, Pomanda has estimated its turnover at £121.2k with declining growth in recent years.
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Elite Garages Limited Health Check
Pomanda's financial health check has awarded Elite Garages Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £121.2k, make it smaller than the average company (£424.7k)
- Elite Garages Limited
£424.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7.8%)
- Elite Garages Limited
7.8% - Industry AVG
Production
with a gross margin of 22.6%, this company has a higher cost of product (35.7%)
- Elite Garages Limited
35.7% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (5.6%)
- Elite Garages Limited
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Elite Garages Limited
6 - Industry AVG
Pay Structure
on an average salary of £27.8k, the company has an equivalent pay structure (£27.8k)
- Elite Garages Limited
£27.8k - Industry AVG
Efficiency
resulting in sales per employee of £121.2k, this is more efficient (£99k)
- Elite Garages Limited
£99k - Industry AVG
Debtor Days
it gets paid by customers after 100 days, this is later than average (37 days)
- Elite Garages Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is close to average (43 days)
- Elite Garages Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Elite Garages Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Elite Garages Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.3%, this is a lower level of debt than the average (66.4%)
33.3% - Elite Garages Limited
66.4% - Industry AVG
ELITE GARAGES LIMITED financials
Elite Garages Limited's latest turnover from October 2023 is estimated at £121.2 thousand and the company has net assets of £22.2 thousand. According to their latest financial statements, we estimate that Elite Garages Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1 | 1 | 1 | 1 | 1 | 54 | 72 | 96 | 128 | 171 | 228 | 304 | 405 | 540 | 720 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1 | 1 | 1 | 1 | 1 | 54 | 72 | 96 | 128 | 171 | 228 | 304 | 405 | 540 | 720 |
| Stock & work in progress | 13,939 | 13,189 | 1,850 | 2,250 | 4,058 | 5,950 | 7,000 | ||||||||
| Trade Debtors | 33,292 | 31,042 | 27,164 | 34,588 | 27,986 | 27,601 | 27,642 | 24,551 | 5,174 | 722 | 220 | 619 | 783 | 302 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 5,912 | 16,458 | 16,066 | 14,557 | 11,851 | 5,667 | 5,514 | ||||||||
| misc current assets | |||||||||||||||
| total current assets | 33,292 | 31,042 | 27,164 | 34,588 | 27,986 | 27,601 | 27,642 | 24,551 | 25,025 | 29,647 | 18,638 | 17,027 | 16,528 | 12,400 | 12,816 |
| total assets | 33,293 | 31,043 | 27,165 | 34,589 | 27,987 | 27,655 | 27,714 | 24,647 | 25,153 | 29,818 | 18,866 | 17,331 | 16,933 | 12,940 | 13,536 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 10,796 | 10,914 | 9,605 | 14,012 | 12,825 | 12,793 | 13,418 | 12,745 | 12,471 | 18,266 | 10,485 | 9,424 | 9,960 | 7,080 | 7,731 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 10,796 | 10,914 | 9,605 | 14,012 | 12,825 | 12,793 | 13,418 | 12,745 | 12,471 | 18,266 | 10,485 | 9,424 | 9,960 | 7,080 | 7,731 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 300 | ||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 300 | ||||||||||||||
| total liabilities | 11,096 | 10,914 | 9,605 | 14,012 | 12,825 | 12,793 | 13,418 | 12,745 | 12,471 | 18,266 | 10,485 | 9,424 | 9,960 | 7,080 | 7,731 |
| net assets | 22,197 | 20,129 | 17,560 | 20,577 | 15,162 | 14,862 | 14,296 | 11,902 | 12,682 | 11,552 | 8,381 | 7,907 | 6,973 | 5,860 | 5,805 |
| total shareholders funds | 22,197 | 20,129 | 17,560 | 20,577 | 15,162 | 14,862 | 14,296 | 11,902 | 12,682 | 11,552 | 8,381 | 7,907 | 6,973 | 5,860 | 5,805 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 43 | 57 | 76 | 101 | 135 | 180 | 240 | ||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -13,939 | 750 | 11,339 | -400 | -1,808 | -1,892 | -1,050 | 7,000 | |||||||
| Debtors | 2,250 | 3,878 | -7,424 | 6,602 | 385 | -41 | 3,091 | 19,377 | 5,174 | -722 | 502 | -399 | -164 | 481 | 302 |
| Creditors | -118 | 1,309 | -4,407 | 1,187 | 32 | -625 | 673 | 274 | -5,795 | 7,781 | 1,061 | -536 | 2,880 | -651 | 7,731 |
| Accruals and Deferred Income | 300 | ||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -5,912 | -10,546 | 392 | 1,509 | 2,706 | 6,184 | 153 | 5,514 | |||||||
| overdraft | |||||||||||||||
| change in cash | -5,912 | -10,546 | 392 | 1,509 | 2,706 | 6,184 | 153 | 5,514 |
elite garages limited Credit Report and Business Information
Elite Garages Limited Competitor Analysis
Perform a competitor analysis for elite garages 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 PO6 area or any other competitors across 12 key performance metrics.
elite garages limited Ownership
ELITE GARAGES LIMITED group structure
Elite Garages Limited has no subsidiary companies.
Ultimate parent company
ELITE GARAGES LIMITED
04302609
elite garages limited directors
Elite Garages Limited currently has 2 directors. The longest serving directors include Mr Philip Lawden (Oct 2001) and Mrs Dorothy Lawden (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Lawden | 77 years | Oct 2001 | - | Director | |
| Mrs Dorothy Lawden | England | 75 years | Oct 2015 | - | Director |
P&L
October 2023turnover
121.2k
+8%
operating profit
2.8k
0%
gross margin
22.6%
+2.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
22.2k
+0.1%
total assets
33.3k
+0.07%
cash
0
0%
net assets
Total assets minus all liabilities
elite garages limited company details
company number
04302609
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
October 2001
age
24
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
8 spur road, cosham, portsmouth, PO6 3EB
Bank
-
Legal Advisor
-
elite garages 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 elite garages limited.
elite garages 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.
Click to start generating capital raising & share issue transactions for ELITE GARAGES LIMITED. This can take several minutes, an email will notify you when this has completed.
elite garages limited Companies House Filings - See Documents
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