griffins motor services limited

griffins motor services limited Company Information

Share GRIFFINS MOTOR SERVICES LIMITED
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Company Number

04447420

Industry

Maintenance and repair of motor vehicles

 

Directors

Shaun Griffin

Shareholders

shaun michael griffin

Group Structure

View All

Contact

Registered Address

5 station road, hinckley, leicestershire, LE10 1AW

griffins motor services limited Estimated Valuation

£143.7k

Pomanda estimates the enterprise value of GRIFFINS MOTOR SERVICES LIMITED at £143.7k based on a Turnover of £596.5k and 0.24x industry multiple (adjusted for size and gross margin).

griffins motor services limited Estimated Valuation

£153.3k

Pomanda estimates the enterprise value of GRIFFINS MOTOR SERVICES LIMITED at £153.3k based on an EBITDA of £48.6k and a 3.15x industry multiple (adjusted for size and gross margin).

griffins motor services limited Estimated Valuation

£622k

Pomanda estimates the enterprise value of GRIFFINS MOTOR SERVICES LIMITED at £622k based on Net Assets of £200.3k and 3.11x industry multiple (adjusted for liquidity).

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Griffins Motor Services Limited Overview

Griffins Motor Services Limited is a live company located in leicestershire, LE10 1AW with a Companies House number of 04447420. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in May 2002, it's largest shareholder is shaun michael griffin with a 100% stake. Griffins Motor Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £596.5k with high growth in recent years.

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Griffins Motor Services Limited Health Check

Pomanda's financial health check has awarded Griffins Motor Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £596.5k, make it larger than the average company (£383.1k)

£596.5k - Griffins Motor Services Limited

£383.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (6.8%)

16% - Griffins Motor Services Limited

6.8% - Industry AVG

production

Production

with a gross margin of 24.7%, this company has a higher cost of product (37.5%)

24.7% - Griffins Motor Services Limited

37.5% - Industry AVG

profitability

Profitability

an operating margin of 8.2% make it more profitable than the average company (6%)

8.2% - Griffins Motor Services Limited

6% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (5)

4 - Griffins Motor Services Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £24.3k, the company has an equivalent pay structure (£24.3k)

£24.3k - Griffins Motor Services Limited

£24.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £149.1k, this is more efficient (£91.9k)

£149.1k - Griffins Motor Services Limited

£91.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 133 days, this is later than average (38 days)

133 days - Griffins Motor Services Limited

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 35 days, this is quicker than average (39 days)

35 days - Griffins Motor Services Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Griffins Motor Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Griffins Motor Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19%, this is a lower level of debt than the average (67.7%)

19% - Griffins Motor Services Limited

67.7% - Industry AVG

GRIFFINS MOTOR SERVICES LIMITED financials

EXPORTms excel logo

Griffins Motor Services Limited's latest turnover from July 2023 is estimated at £596.5 thousand and the company has net assets of £200.3 thousand. According to their latest financial statements, Griffins Motor Services Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover596,523409,847354,481381,347439,532426,265433,223343,546423,782585,194644,702603,245536,485554,3860
Other Income Or Grants000000000000000
Cost Of Sales449,317314,083273,401287,309328,138308,686308,740246,643309,861424,950460,728428,084375,218382,9650
Gross Profit147,20695,76481,08094,037111,395117,579124,48396,903113,921160,244183,974175,161161,267171,4210
Admin Expenses98,60971,04150,570112,677105,628123,955115,28782,94597,338167,033166,449148,345148,038157,029-82,653
Operating Profit48,59724,72330,510-18,6405,767-6,3769,19613,95816,583-6,78917,52526,81613,22914,39282,653
Interest Payable000000000000000
Interest Receivable0000006129724296321201485422
Pre-Tax Profit48,59724,72330,510-18,6405,767-6,3769,25714,25516,825-6,69317,55726,93613,37714,44682,675
Tax-12,149-4,697-5,7970-1,0960-1,759-2,851-3,3650-4,038-6,465-3,478-4,045-23,149
Profit After Tax36,44820,02624,713-18,6404,671-6,3767,49811,40413,460-6,69313,51920,4719,89910,40159,526
Dividends Paid000000000000000
Retained Profit36,44820,02624,713-18,6404,671-6,3767,49811,40413,460-6,69313,51920,4719,89910,40159,526
Employee Costs97,246120,047124,004159,570141,728139,158134,43779,90679,848107,297132,32999,54099,286120,9300
Number Of Employees455655533454450
EBITDA*48,59724,72330,510-18,6405,767-6,3769,19624,22028,3814,78526,18634,94917,35218,57087,875

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets25,22728,82031,41328,49922,06425,82932,36127,76732,35639,86122,96421,3999,99910,21312,700
Intangible Assets00000006,0007,0008,0009,00010,00011,00012,00013,000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets25,22728,82031,41328,49922,06425,82932,36133,76739,35647,86131,96431,39920,99922,21325,700
Stock & work in progress00000001,50014,6501,5001,5001,5001,50014,4641,500
Trade Debtors218,664149,198122,563110,836140,945133,003134,49697,13999,954142,524156,117143,101113,967111,021103,943
Group Debtors000000000000000
Misc Debtors3,4408,2198,7152,55400000000000
Cash000000048,90870,08726,75011,5561,20046,74612,6238,892
misc current assets00002,5517,6501,66800000000
total current assets222,104157,417131,278113,390143,496140,653136,164147,547184,691170,774169,173145,801162,213138,108114,335
total assets247,331186,237162,691141,889165,560166,482168,525181,314224,047218,635201,137177,200183,212160,321140,035
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 43,80419,15815,03813,82122,41029,97326,04048,627100,464107,21284,52174,803102,38689,59479,509
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities43,80419,15815,03813,82122,41029,97326,04048,627100,464107,21284,52174,803102,38689,59479,509
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income3,2003,2003,8008,9285,3703,4003,00000000000
other liabilities000000000000000
provisions00000006002,9004,2002,7002,000900700900
total long term liabilities3,2003,2003,8008,9285,3703,4003,0006002,9004,2002,7002,000900700900
total liabilities47,00422,35818,83822,74927,78033,37329,04049,227103,364111,41287,22176,803103,28690,29480,409
net assets200,327163,879143,853119,140137,780133,109139,485132,087120,683107,223113,916100,39779,92670,02759,626
total shareholders funds200,327163,879143,853119,140137,780133,109139,485132,087120,683107,223113,916100,39779,92670,02759,626
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit48,59724,72330,510-18,6405,767-6,3769,19613,95816,583-6,78917,52526,81613,22914,39282,653
Depreciation00000009,26210,79810,5747,6617,1333,1233,1784,222
Amortisation00000001,0001,0001,0001,0001,0001,0001,0001,000
Tax-12,149-4,697-5,7970-1,0960-1,759-2,851-3,3650-4,038-6,465-3,478-4,045-23,149
Stock000000-1,500-13,15013,150000-12,96412,9641,500
Debtors64,68726,13917,888-27,5557,942-1,49337,357-2,815-42,570-13,59313,01629,1342,9467,078103,943
Creditors24,6464,1201,217-8,589-7,5633,933-22,587-51,837-6,74822,6919,718-27,58312,79210,08579,509
Accruals and Deferred Income0-600-5,1283,5581,9704003,00000000000
Deferred Taxes & Provisions000000-600-2,300-1,3001,5007001,100200-200900
Cash flow from operations-3,593-2,5932,9143,884-8,864-550-48,607-16,80346,38842,56919,550-27,13336,8844,36839,692
Investing Activities
capital expenditure3,5932,593-2,914-6,4353,7656,5321,406-4,673-3,293-27,471-9,226-18,533-2,909-691-30,922
Change in Investments000000000000000
cash flow from investments3,5932,593-2,914-6,4353,7656,5321,406-4,673-3,293-27,471-9,226-18,533-2,909-691-30,922
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000-1000000000100
interest0000006129724296321201485422
cash flow from financing000000-39297242963212014854122
cash and cash equivalents
cash000000-48,908-21,17943,33715,19410,356-45,54634,1233,7318,892
overdraft000000000000000
change in cash000000-48,908-21,17943,33715,19410,356-45,54634,1233,7318,892

griffins motor services 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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Griffins Motor Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for griffins motor services limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in LE10 area or any other competitors across 12 key performance metrics.

griffins motor services limited Ownership

GRIFFINS MOTOR SERVICES LIMITED group structure

Griffins Motor Services Limited has no subsidiary companies.

Ultimate parent company

GRIFFINS MOTOR SERVICES LIMITED

04447420

GRIFFINS MOTOR SERVICES LIMITED Shareholders

shaun michael griffin 100%

griffins motor services limited directors

Griffins Motor Services Limited currently has 1 director, Mr Shaun Griffin serving since May 2002.

officercountryagestartendrole
Mr Shaun Griffin68 years May 2002- Director

P&L

July 2023

turnover

596.5k

+46%

operating profit

48.6k

0%

gross margin

24.7%

+5.61%

turnover

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

Balance Sheet

July 2023

net assets

200.3k

+0.22%

total assets

247.3k

+0.33%

cash

0

0%

net assets

Total assets minus all liabilities

griffins motor services limited company details

company number

04447420

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

May 2002

age

22

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

July 2023

previous names

N/A

accountant

-

auditor

-

address

5 station road, hinckley, leicestershire, LE10 1AW

Bank

-

Legal Advisor

-

griffins motor 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 griffins motor services limited.

griffins motor services 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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griffins motor services limited Companies House Filings - See Documents

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