
Company Number
04523215
Next Accounts
685 days late
Directors
Shareholders
anthony michael sands
mrs pauline sands
Group Structure
View All
Industry
Sale of used cars and light motor vehicles
+1Registered Address
fair deal cars ltd, chequers garage ringshall, stowmarket, IP14 2JB
Pomanda estimates the enterprise value of FAIR DEAL CARS LIMITED at £47.7k based on a Turnover of £177.1k and 0.27x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FAIR DEAL CARS LIMITED at £0 based on an EBITDA of £-10.8k and a 3.77x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FAIR DEAL CARS LIMITED at £0 based on Net Assets of £-175.1k and 2.79x industry multiple (adjusted for liquidity).
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Fair Deal Cars Limited is a live company located in stowmarket, IP14 2JB with a Companies House number of 04523215. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in August 2002, it's largest shareholder is anthony michael sands with a 60% stake. Fair Deal Cars Limited is a mature, micro sized company, Pomanda has estimated its turnover at £177.1k with declining growth in recent years.
Pomanda's financial health check has awarded Fair Deal Cars Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £177.1k, make it smaller than the average company (£1.7m)
- Fair Deal Cars Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (1.9%)
- Fair Deal Cars Limited
1.9% - Industry AVG
Production
with a gross margin of 22.6%, this company has a comparable cost of product (22.6%)
- Fair Deal Cars Limited
22.6% - Industry AVG
Profitability
an operating margin of -6.2% make it less profitable than the average company (4.5%)
- Fair Deal Cars Limited
4.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
2 - Fair Deal Cars Limited
9 - Industry AVG
Pay Structure
on an average salary of £27.6k, the company has an equivalent pay structure (£27.6k)
- Fair Deal Cars Limited
£27.6k - Industry AVG
Efficiency
resulting in sales per employee of £88.6k, this is less efficient (£218.2k)
- Fair Deal Cars Limited
£218.2k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (22 days)
- Fair Deal Cars Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (28 days)
- Fair Deal Cars Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fair Deal Cars Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fair Deal Cars Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5154%, this is a higher level of debt than the average (75.5%)
5154% - Fair Deal Cars Limited
75.5% - Industry AVG
Fair Deal Cars Limited's latest turnover from September 2021 is estimated at £177.1 thousand and the company has net assets of -£175.1 thousand. According to their latest financial statements, Fair Deal Cars Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 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 | 3 | 4 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 691 | 455 | 652 | 941 | 569 | 724 | 1,665 | 2,103 | 3,885 | 4,894 | 6,168 | 2,880 | 3,201 |
Intangible Assets | |||||||||||||
Investments & Other | |||||||||||||
Debtors (Due After 1 year) | |||||||||||||
Total Fixed Assets | 691 | 455 | 652 | 941 | 569 | 724 | 1,665 | 2,103 | 3,885 | 4,894 | 6,168 | 2,880 | 3,201 |
Stock & work in progress | 4,315 | 20,070 | 20,676 | 17,359 | 26,850 | 12,300 | 5,835 | 5,700 | 9,640 | 7,145 | 4,650 | ||
Trade Debtors | 2,447 | 893 | 1,111 | 2,114 | 1,802 | 19,889 | 5,422 | 2,098 | 2,216 | 5,185 | 7,719 | 8,879 | 4,291 |
Group Debtors | |||||||||||||
Misc Debtors | 327 | 4,281 | |||||||||||
Cash | 2,973 | 224 | 740 | 6,321 | 5,172 | 11,774 | 8,652 | ||||||
misc current assets | |||||||||||||
total current assets | 2,774 | 8,181 | 21,181 | 27,071 | 19,385 | 19,889 | 33,012 | 14,398 | 8,051 | 17,206 | 22,531 | 27,798 | 17,593 |
total assets | 3,465 | 8,636 | 21,833 | 28,012 | 19,954 | 20,613 | 34,677 | 16,501 | 11,936 | 22,100 | 28,699 | 30,678 | 20,794 |
Bank overdraft | 3,653 | 4,882 | 12,594 | 3,923 | 4,678 | ||||||||
Bank loan | |||||||||||||
Trade Creditors | 4,653 | 6,636 | 21,728 | 28,275 | 40,207 | 95,251 | 88,011 | 72,163 | 45,106 | 36,912 | 34,205 | 38,288 | 22,301 |
Group/Directors Accounts | |||||||||||||
other short term finances | |||||||||||||
hp & lease commitments | |||||||||||||
other current liabilities | 155,610 | 144,509 | 128,777 | 125,055 | 105,838 | ||||||||
total current liabilities | 163,916 | 156,027 | 163,099 | 157,253 | 150,723 | 95,251 | 88,011 | 72,163 | 45,106 | 36,912 | 34,205 | 38,288 | 22,301 |
loans | 157 | ||||||||||||
hp & lease commitments | |||||||||||||
Accruals and Deferred Income | |||||||||||||
other liabilities | 14,671 | 16,500 | 41,100 | 38,121 | 21,269 | 15,145 | 4,577 | 3,164 | |||||
provisions | |||||||||||||
total long term liabilities | 14,671 | 16,500 | 41,100 | 38,121 | 21,269 | 15,145 | 4,577 | 3,164 | 157 | ||||
total liabilities | 178,587 | 172,527 | 163,099 | 157,253 | 150,723 | 136,351 | 126,132 | 93,432 | 60,251 | 41,489 | 37,369 | 38,288 | 22,458 |
net assets | -175,122 | -163,891 | -141,266 | -129,241 | -130,769 | -115,738 | -91,455 | -76,931 | -48,315 | -19,389 | -8,670 | -7,610 | -1,664 |
total shareholders funds | -175,122 | -163,891 | -141,266 | -129,241 | -130,769 | -115,738 | -91,455 | -76,931 | -48,315 | -19,389 | -8,670 | -7,610 | -1,664 |
Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 151 | 197 | 289 | 271 | 155 | 346 | 438 | 799 | 1,009 | 1,274 | 1,607 | 808 | 875 |
Amortisation | |||||||||||||
Tax | |||||||||||||
Stock | -4,315 | -15,755 | -606 | 3,317 | 17,359 | -26,850 | 14,550 | 6,465 | 135 | -3,940 | 2,495 | 2,495 | 4,650 |
Debtors | 1,881 | -218 | -5,284 | 4,593 | -18,087 | 14,467 | 3,324 | -118 | -2,969 | -2,534 | -1,160 | 4,588 | 4,291 |
Creditors | -1,983 | -15,092 | -6,547 | -11,932 | -55,044 | 7,240 | 15,848 | 27,057 | 8,194 | 2,707 | -4,083 | 15,987 | 22,301 |
Accruals and Deferred Income | 11,101 | 15,732 | 3,722 | 19,217 | 105,838 | ||||||||
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 | -157 | 157 | |||||||||||
Hire Purchase and Lease Commitments | |||||||||||||
other long term liabilities | -1,829 | 16,500 | -41,100 | 2,979 | 16,852 | 6,124 | 10,568 | 1,413 | 3,164 | ||||
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | -2,973 | 2,973 | -224 | 224 | -740 | 740 | -6,321 | 1,149 | -6,602 | 3,122 | 8,652 | ||
overdraft | -1,229 | -7,712 | 8,671 | -755 | 4,678 | ||||||||
change in cash | -1,744 | 10,685 | -8,671 | 531 | -4,454 | -740 | 740 | -6,321 | 1,149 | -6,602 | 3,122 | 8,652 |
Perform a competitor analysis for fair deal cars 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 IP14 area or any other competitors across 12 key performance metrics.
FAIR DEAL CARS LIMITED group structure
Fair Deal Cars Limited has no subsidiary companies.
Ultimate parent company
FAIR DEAL CARS LIMITED
04523215
Fair Deal Cars Limited currently has 1 director, Mr Anthony Sands serving since Aug 2002.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Anthony Sands | 78 years | Aug 2002 | - | Director |
P&L
September 2021turnover
177.1k
+36%
operating profit
-11k
0%
gross margin
22.6%
-8.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2021net assets
-175.1k
+0.07%
total assets
3.5k
-0.6%
cash
0
-1%
net assets
Total assets minus all liabilities
company number
04523215
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
45200 - Maintenance and repair of motor vehicles
incorporation date
August 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2021
previous names
N/A
accountant
SUFFOLK TAX ACCOUNTANTS GROUP
auditor
-
address
fair deal cars ltd, chequers garage ringshall, stowmarket, IP14 2JB
Bank
-
Legal Advisor
-
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 fair deal cars limited.
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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