griffins motor services limited Company Information
Company Number
04447420
Next Accounts
Apr 2025
Industry
Maintenance and repair of motor vehicles
Directors
Shareholders
shaun michael griffin
Group Structure
View All
Contact
Registered Address
5 station road, hinckley, leicestershire, LE10 1AW
griffins motor services limited Estimated Valuation
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
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
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
5 Strong
2 Regular
3 Weak
Size
annual sales of £596.5k, make it larger than the average company (£383.1k)
- Griffins Motor Services Limited
£383.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (6.8%)
- Griffins Motor Services Limited
6.8% - Industry AVG
Production
with a gross margin of 24.7%, this company has a higher cost of product (37.5%)
- Griffins Motor Services Limited
37.5% - Industry AVG
Profitability
an operating margin of 8.2% make it more profitable than the average company (6%)
- Griffins Motor Services Limited
6% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (5)
4 - Griffins Motor Services Limited
5 - Industry AVG
Pay Structure
on an average salary of £24.3k, the company has an equivalent pay structure (£24.3k)
- Griffins Motor Services Limited
£24.3k - Industry AVG
Efficiency
resulting in sales per employee of £149.1k, this is more efficient (£91.9k)
- Griffins Motor Services Limited
£91.9k - Industry AVG
Debtor Days
it gets paid by customers after 133 days, this is later than average (38 days)
- Griffins Motor Services Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is quicker than average (39 days)
- Griffins Motor Services Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Griffins Motor Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Griffins Motor Services Limited
- - Industry AVG
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
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 House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 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 | 4 | 5 | 5 | 6 | 5 | 5 | 5 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 25,227 | 28,820 | 31,413 | 28,499 | 22,064 | 25,829 | 32,361 | 27,767 | 32,356 | 39,861 | 22,964 | 21,399 | 9,999 | 10,213 | 12,700 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,000 | 7,000 | 8,000 | 9,000 | 10,000 | 11,000 | 12,000 | 13,000 |
Investments & Other | 0 | 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 | 0 |
Total Fixed Assets | 25,227 | 28,820 | 31,413 | 28,499 | 22,064 | 25,829 | 32,361 | 33,767 | 39,356 | 47,861 | 31,964 | 31,399 | 20,999 | 22,213 | 25,700 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,500 | 14,650 | 1,500 | 1,500 | 1,500 | 1,500 | 14,464 | 1,500 |
Trade Debtors | 218,664 | 149,198 | 122,563 | 110,836 | 140,945 | 133,003 | 134,496 | 97,139 | 99,954 | 142,524 | 156,117 | 143,101 | 113,967 | 111,021 | 103,943 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 3,440 | 8,219 | 8,715 | 2,554 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48,908 | 70,087 | 26,750 | 11,556 | 1,200 | 46,746 | 12,623 | 8,892 |
misc current assets | 0 | 0 | 0 | 0 | 2,551 | 7,650 | 1,668 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 222,104 | 157,417 | 131,278 | 113,390 | 143,496 | 140,653 | 136,164 | 147,547 | 184,691 | 170,774 | 169,173 | 145,801 | 162,213 | 138,108 | 114,335 |
total assets | 247,331 | 186,237 | 162,691 | 141,889 | 165,560 | 166,482 | 168,525 | 181,314 | 224,047 | 218,635 | 201,137 | 177,200 | 183,212 | 160,321 | 140,035 |
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 | 43,804 | 19,158 | 15,038 | 13,821 | 22,410 | 29,973 | 26,040 | 48,627 | 100,464 | 107,212 | 84,521 | 74,803 | 102,386 | 89,594 | 79,509 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 43,804 | 19,158 | 15,038 | 13,821 | 22,410 | 29,973 | 26,040 | 48,627 | 100,464 | 107,212 | 84,521 | 74,803 | 102,386 | 89,594 | 79,509 |
loans | 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 |
Accruals and Deferred Income | 3,200 | 3,200 | 3,800 | 8,928 | 5,370 | 3,400 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600 | 2,900 | 4,200 | 2,700 | 2,000 | 900 | 700 | 900 |
total long term liabilities | 3,200 | 3,200 | 3,800 | 8,928 | 5,370 | 3,400 | 3,000 | 600 | 2,900 | 4,200 | 2,700 | 2,000 | 900 | 700 | 900 |
total liabilities | 47,004 | 22,358 | 18,838 | 22,749 | 27,780 | 33,373 | 29,040 | 49,227 | 103,364 | 111,412 | 87,221 | 76,803 | 103,286 | 90,294 | 80,409 |
net assets | 200,327 | 163,879 | 143,853 | 119,140 | 137,780 | 133,109 | 139,485 | 132,087 | 120,683 | 107,223 | 113,916 | 100,397 | 79,926 | 70,027 | 59,626 |
total shareholders funds | 200,327 | 163,879 | 143,853 | 119,140 | 137,780 | 133,109 | 139,485 | 132,087 | 120,683 | 107,223 | 113,916 | 100,397 | 79,926 | 70,027 | 59,626 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 9,262 | 10,798 | 10,574 | 7,661 | 7,133 | 3,123 | 3,178 | 4,222 | |||||||
Amortisation | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||||||
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | -1,500 | -13,150 | 13,150 | 0 | 0 | 0 | -12,964 | 12,964 | 1,500 |
Debtors | 64,687 | 26,139 | 17,888 | -27,555 | 7,942 | -1,493 | 37,357 | -2,815 | -42,570 | -13,593 | 13,016 | 29,134 | 2,946 | 7,078 | 103,943 |
Creditors | 24,646 | 4,120 | 1,217 | -8,589 | -7,563 | 3,933 | -22,587 | -51,837 | -6,748 | 22,691 | 9,718 | -27,583 | 12,792 | 10,085 | 79,509 |
Accruals and Deferred Income | 0 | -600 | -5,128 | 3,558 | 1,970 | 400 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -600 | -2,300 | -1,300 | 1,500 | 700 | 1,100 | 200 | -200 | 900 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 0 | 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 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -48,908 | -21,179 | 43,337 | 15,194 | 10,356 | -45,546 | 34,123 | 3,731 | 8,892 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -48,908 | -21,179 | 43,337 | 15,194 | 10,356 | -45,546 | 34,123 | 3,731 | 8,892 |
griffins motor services limited Credit Report and Business Information
Griffins Motor Services Limited Competitor Analysis
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 directors
Griffins Motor Services Limited currently has 1 director, Mr Shaun Griffin serving since May 2002.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Shaun Griffin | 68 years | May 2002 | - | Director |
P&L
July 2023turnover
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 2023net 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
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
date | description | view/download |
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