steve durkin vehicle services limitedEstimated Valuation
£295.3k
Pomanda estimates the enterprise value of STEVE DURKIN VEHICLE SERVICES LIMITED at £295.3k based on a Turnover of £1m and 0.29x industry multiple (adjusted for size and gross margin).
steve durkin vehicle services limitedEstimated Valuation
£206.1k
Pomanda estimates the enterprise value of STEVE DURKIN VEHICLE SERVICES LIMITED at £206.1k based on an EBITDA of £53.4k and a 3.86x industry multiple (adjusted for size and gross margin).
steve durkin vehicle services limitedEstimated Valuation
£1m
Pomanda estimates the enterprise value of STEVE DURKIN VEHICLE SERVICES LIMITED at £1m based on Net Assets of £388.5k and 2.66x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Steve Durkin Vehicle Services LimitedOverview
Steve Durkin Vehicle Services Limited is a live company located in burnley, BB10 1UX with a Companies House number of 04448510. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in May 2002, it's largest shareholder is
mr steven james durkin & mrs ann durkin
with a 74.2% stake. Steve Durkin Vehicle Services Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1m with
declining
growth in recent years.
Steve Durkin Vehicle Services Limited Health Check
Pomanda's financial health check has awarded Steve Durkin Vehicle Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
3 Regular
7 Weak
Size
annual sales of £1m, make it smaller than the average company (£16.2m)
£1m - Steve Durkin Vehicle Services Limited
£16.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (12%)
-5% - Steve Durkin Vehicle Services Limited
12% - Industry AVG
Production
with a gross margin of 22.5%, this company has a comparable cost of product (22.5%)
22.5% - Steve Durkin Vehicle Services Limited
22.5% - Industry AVG
Profitability
an operating margin of 4.8% make it more profitable than the average company (3.9%)
4.8% - Steve Durkin Vehicle Services Limited
3.9% - Industry AVG
Employees
with 5 employees, this is below the industry average (38)
5 - Steve Durkin Vehicle Services Limited
38 - Industry AVG
Pay Structure
on an average salary of £34.4k, the company has an equivalent pay structure (£34.4k)
£34.4k - Steve Durkin Vehicle Services Limited
£34.4k - Industry AVG
Efficiency
resulting in sales per employee of £202.6k, this is less efficient (£340.7k)
£202.6k - Steve Durkin Vehicle Services Limited
£340.7k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is near the average (21 days)
21 days - Steve Durkin Vehicle Services Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (35 days)
11 days - Steve Durkin Vehicle Services Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 81 days, this is more than average (52 days)
81 days - Steve Durkin Vehicle Services Limited
52 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (10 weeks)
4 weeks - Steve Durkin Vehicle Services Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51%, this is a lower level of debt than the average (65.9%)
51% - Steve Durkin Vehicle Services Limited
65.9% - Industry AVG
STEVE DURKIN VEHICLE SERVICES LIMITED financials
EXPORT
Steve Durkin Vehicle Services Limited's latest turnover from September 2024 is estimated at £1 million and the company has net assets of £388.5 thousand. According to their latest financial statements, Steve Durkin Vehicle Services Limited has 5 employees and maintains cash reserves of £31.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Oct 2012
Sep 2011
Mar 2010
Turnover
1,012,952
981,280
1,091,342
1,168,405
1,020,735
2,071,243
2,541,188
4,989,820
5,005,427
4,556,150
6,997,685
3,972,325
4,080,719
3,037,505
2,595,681
Other Income Or Grants
Cost Of Sales
785,580
769,738
855,311
918,221
794,041
1,589,959
1,945,087
3,794,637
3,790,565
3,473,121
5,347,540
3,013,031
3,084,822
2,279,451
1,949,131
Gross Profit
227,371
211,542
236,031
250,184
226,693
481,284
596,100
1,195,182
1,214,862
1,083,029
1,650,145
959,295
995,896
758,055
646,550
Admin Expenses
179,241
156,524
133,738
190,007
198,266
447,782
601,953
1,185,707
1,202,877
1,090,688
1,580,840
943,585
965,887
738,281
544,820
Operating Profit
48,130
55,018
102,293
60,177
28,427
33,502
-5,853
9,475
11,985
-7,659
69,305
15,710
30,009
19,774
101,730
Interest Payable
10,150
15,024
14,986
9,903
6,057
6,735
8,841
9,915
12,054
9,675
6,671
3,955
Interest Receivable
1,202
1,358
750
28
29
208
365
212
127
205
305
177
66
6
4
Pre-Tax Profit
39,181
41,352
88,057
50,302
22,399
26,975
-14,329
-228
58
-17,129
62,938
11,932
30,075
19,780
101,735
Tax
-9,795
-10,338
-16,731
-9,557
-4,256
-5,125
-11
-13,217
-2,744
-7,218
-5,143
-28,486
Profit After Tax
29,386
31,014
71,326
40,745
18,143
21,850
-14,329
-228
46
-17,129
49,721
9,188
22,857
14,637
73,249
Dividends Paid
Retained Profit
29,386
31,014
71,326
40,745
18,143
21,850
-14,329
-228
46
-17,129
49,721
9,188
22,857
14,637
73,249
Employee Costs
171,939
125,789
120,216
114,418
142,797
143,008
198,274
297,976
267,978
607,954
913,401
585,372
615,408
442,878
393,840
Number Of Employees
5
4
4
4
5
5
7
11
10
23
35
23
25
18
16
EBITDA*
53,394
61,869
110,726
68,212
38,366
43,638
-593
12,568
16,713
-790
77,924
23,892
49,475
59,631
115,871
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Oct 2012
Sep 2011
Mar 2010
Tangible Assets
22,553
25,952
67,278
61,325
76,363
78,817
47,052
6,349
9,443
15,010
19,683
24,171
22,529
40,043
41,236
Intangible Assets
1,665
4,166
6,667
11,207
15,687
6,000
Investments & Other
500,000
500,000
500,000
400,000
415,000
114,918
39,918
39,918
39,918
39,918
39,918
39,918
109,945
109,945
70,027
Debtors (Due After 1 year)
Total Fixed Assets
522,553
525,952
568,943
465,491
498,030
204,942
102,657
52,267
49,361
54,928
59,601
64,089
132,474
149,988
111,263
Stock & work in progress
175,203
236,822
201,037
406,674
245,938
783,944
786,569
1,385,188
1,371,109
1,008,513
967,786
650,084
534,436
334,581
396,595
Trade Debtors
58,381
47,854
71,081
30,853
27,538
69,021
116,884
315,750
328,779
213,829
306,931
161,308
186,238
160,850
55,102
Group Debtors
Misc Debtors
4,928
3,273
17,894
16,743
20,102
19,041
76,601
86,375
332
Cash
31,692
16,393
35,333
31,350
25,527
31,710
23,750
73,512
96,133
5,192
76,808
45,009
25,660
579
1,706
misc current assets
total current assets
270,204
304,342
307,451
486,771
315,746
904,777
946,244
1,851,051
1,882,396
1,227,534
1,351,525
856,401
746,334
496,010
453,735
total assets
792,757
830,294
876,394
952,262
813,776
1,109,719
1,048,901
1,903,318
1,931,757
1,282,462
1,411,126
920,490
878,808
645,998
564,998
Bank overdraft
25,552
42,398
41,551
63,730
29,383
29,383
29,383
29,383
28,367
42,547
Bank loan
Trade Creditors
25,089
27,582
108,386
75,123
82,016
82,631
120,987
382,692
195,177
201,542
996,798
525,948
720,068
507,540
453,749
Group/Directors Accounts
other short term finances
hp & lease commitments
675
9,820
7,219
6,647
6,075
657,115
other current liabilities
302,187
324,831
265,061
393,660
363,607
702,564
626,696
1,173,043
1,358,395
total current liabilities
352,828
395,486
424,818
539,732
481,653
820,653
777,066
1,585,118
1,581,939
901,204
996,798
525,948
720,068
507,540
453,749
loans
45,815
70,787
112,359
145,662
85,926
53,898
86,883
116,292
143,249
171,557
83,593
121,679
hp & lease commitments
10,210
8,466
15,684
22,331
Accruals and Deferred Income
other liabilities
119,483
111,032
5,997
7,872
provisions
5,638
4,931
10,931
11,652
14,508
14,975
8,940
11,567
16,000
19,178
3,600
3,900
4,000
4,700
total long term liabilities
51,453
75,718
133,500
165,780
116,118
91,204
95,823
127,859
159,249
190,735
206,676
236,611
9,997
12,572
total liabilities
404,281
471,204
558,318
705,512
597,771
911,857
872,889
1,712,977
1,741,188
1,091,939
1,203,474
762,559
730,065
520,112
453,749
net assets
388,476
359,090
318,076
246,750
216,005
197,862
176,012
190,341
190,569
190,523
207,652
157,931
148,743
125,886
111,249
total shareholders funds
388,476
359,090
318,076
246,750
216,005
197,862
176,012
190,341
190,569
190,523
207,652
157,931
148,743
125,886
111,249
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Oct 2012
Sep 2011
Mar 2010
Operating Activities
Operating Profit
48,130
55,018
102,293
60,177
28,427
33,502
-5,853
9,475
11,985
-7,659
69,305
15,710
30,009
19,774
101,730
Depreciation
5,264
5,186
5,932
5,534
5,399
5,656
2,447
3,093
4,728
6,869
8,619
8,182
19,466
39,857
14,141
Amortisation
1,665
2,501
2,501
4,540
4,480
2,813
Tax
-9,795
-10,338
-16,731
-9,557
-4,256
-5,125
-11
-13,217
-2,744
-7,218
-5,143
-28,486
Stock
-61,619
35,785
-205,637
160,736
-538,006
-2,625
-598,619
14,079
362,596
40,727
317,702
115,648
199,855
-62,014
396,595
Debtors
12,182
-19,954
22,334
4,466
-44,842
-46,802
-256,426
-22,803
201,325
-93,102
145,623
-24,930
25,388
105,416
55,434
Creditors
-2,493
-80,804
33,263
-6,893
-615
-38,356
-261,705
187,515
-6,365
-795,256
470,850
-194,120
212,528
53,791
453,749
Accruals and Deferred Income
-22,644
59,770
-128,599
30,053
-338,957
75,868
-546,347
-185,352
1,358,395
Deferred Taxes & Provisions
707
-6,000
-721
-2,856
-467
6,035
-2,627
-4,433
-3,178
15,578
-300
-100
-700
4,700
Cash flow from operations
68,606
8,666
181,241
-86,243
276,919
131,487
43,773
19,022
801,633
-728,093
71,932
-263,790
28,842
69,577
89,105
Investing Activities
capital expenditure
-1,865
36,140
-11,885
9,504
-2,945
-37,421
-55,650
-5,999
839
-2,196
-4,131
-9,824
-1,952
-38,664
-55,377
Change in Investments
100,000
-15,000
300,082
75,000
-70,027
39,918
70,027
cash flow from investments
-1,865
36,140
-111,885
24,504
-303,027
-112,421
-55,650
-5,999
839
-2,196
-4,131
60,203
-1,952
-78,582
-125,404
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-24,972
-41,572
-33,303
59,736
32,028
-32,985
-29,409
-26,957
-28,308
87,964
-38,086
121,679
Hire Purchase and Lease Commitments
-675
-19,355
4,345
-6,646
-6,075
28,406
-657,115
657,115
other long term liabilities
-119,483
8,451
105,035
-1,875
7,872
share issue
10,000
-10,000
38,000
interest
-8,948
-13,666
-14,236
-9,875
-6,028
-6,527
-8,476
-9,703
-11,927
-9,470
-6,366
-3,778
66
6
4
cash flow from financing
-34,595
-64,593
-43,194
33,215
19,925
-11,106
-37,885
-36,660
-697,350
616,126
-36,001
222,936
-1,809
7,878
38,004
cash and cash equivalents
cash
15,299
-18,940
3,983
5,823
-6,183
7,960
-49,762
-22,621
90,941
-71,616
31,799
19,349
25,081
-1,127
1,706
overdraft
-16,846
847
-22,179
34,347
1,016
-14,180
42,547
change in cash
32,145
-19,787
26,162
-28,524
-6,183
7,960
-49,762
-23,637
105,121
-114,163
31,799
19,349
25,081
-1,127
1,706
steve durkin vehicle services limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for steve durkin vehicle services limited. Get real-time insights into steve durkin vehicle services limited's credit score, group structure and payment trends.
Steve Durkin Vehicle Services Limited Competitor Analysis
Perform a competitor analysis for steve durkin vehicle 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 BB10 area or any other competitors across 12 key performance metrics.
steve durkin vehicle services limited Ownership
STEVE DURKIN VEHICLE SERVICES LIMITED group structure
Steve Durkin Vehicle Services Limited has no subsidiary companies.
Ultimate parent company
STEVE DURKIN VEHICLE SERVICES LIMITED
04448510
STEVE DURKIN VEHICLE SERVICES LIMITED Shareholders
The largest shareholders in Steve Durkin Vehicle Services Limited include Mr Steven James Durkin & Mrs Ann Durkin and Mrs Elaine Esker & Mr Darren P. Esker.
mr steven james durkin & mrs ann durkin
74.21%
mrs elaine esker & mr darren p. esker
25.79%
steve durkin vehicle services limited directors
Steve Durkin Vehicle Services Limited currently has 1 director, Mr Steven Durkin serving since Apr 2010.
steve durkin vehicle services limited company details
company number
04448510
Type
Private limited with Share Capital
industry
45320 - Retail trade of motor vehicle parts and accessories
45111 - Sale of new cars and light motor vehicles
45112 - Sale of used cars and light motor vehicles
incorporation date
May 2002
age
23
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
September 2024
previous names
N/A
accountant
-
auditor
-
address
64 briercliffe road, burnley, BB10 1UX
Bank
-
Legal Advisor
-
steve durkin vehicle 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 found 7 charges/mortgages relating to steve durkin vehicle services limited. Currently there are 1 open charges and 6 have been satisfied in the past.
steve durkin vehicle 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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steve durkin vehicle services limitedCompanies House Filings - See Documents
