used car sites limited
used car sites limited Company Information
Company Number
04546950
Website
http://www.autotempest.comRegistered Address
fanum house basing view, basingstoke, hampshire, RG21 4EA
Industry
Advertising agencies
Telephone
03705448866
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
aa corporation limited 100%
used car sites limited Estimated Valuation
Pomanda estimates the enterprise value of USED CAR SITES LIMITED at £10.7m based on a Turnover of £10.4m and 1.03x industry multiple (adjusted for size and gross margin).
used car sites limited Estimated Valuation
Pomanda estimates the enterprise value of USED CAR SITES LIMITED at £30.7m based on an EBITDA of £4.7m and a 6.5x industry multiple (adjusted for size and gross margin).
used car sites limited Estimated Valuation
Pomanda estimates the enterprise value of USED CAR SITES LIMITED at £28.8m based on Net Assets of £15.2m and 1.89x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Used Car Sites Limited Overview
Used Car Sites Limited is a live company located in hampshire, RG21 4EA with a Companies House number of 04546950. It operates in the advertising agencies sector, SIC Code 73110. Founded in September 2002, it's largest shareholder is aa corporation limited with a 100% stake. Used Car Sites Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10.4m with low growth in recent years.
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Used Car Sites Limited Health Check
Pomanda's financial health check has awarded Used Car Sites Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
2 Weak
Size
annual sales of £10.4m, make it larger than the average company (£7.2m)
£10.4m - Used Car Sites Limited
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a similar rate (2.2%)
2% - Used Car Sites Limited
2.2% - Industry AVG
Production
with a gross margin of 80.6%, this company has a lower cost of product (45.1%)
80.6% - Used Car Sites Limited
45.1% - Industry AVG
Profitability
an operating margin of 44.5% make it more profitable than the average company (6%)
44.5% - Used Car Sites Limited
6% - Industry AVG
Employees
with 38 employees, this is similar to the industry average (39)
38 - Used Car Sites Limited
39 - Industry AVG
Pay Structure
on an average salary of £52.8k, the company has an equivalent pay structure (£61.5k)
£52.8k - Used Car Sites Limited
£61.5k - Industry AVG
Efficiency
resulting in sales per employee of £273.1k, this is more efficient (£172.8k)
£273.1k - Used Car Sites Limited
£172.8k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (62 days)
19 days - Used Car Sites Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (42 days)
29 days - Used Car Sites Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is more than average (12 days)
33 days - Used Car Sites Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 107 weeks, this is more cash available to meet short term requirements (18 weeks)
107 weeks - Used Car Sites Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.9%, this is a lower level of debt than the average (67%)
10.9% - Used Car Sites Limited
67% - Industry AVG
USED CAR SITES LIMITED financials
Used Car Sites Limited's latest turnover from January 2023 is £10.4 million and the company has net assets of £15.2 million. According to their latest financial statements, Used Car Sites Limited has 38 employees and maintains cash reserves of £3.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,376,000 | 9,500,000 | 7,003,000 | 9,850,000 | 10,078,000 | 6,680,000 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 2,013,000 | 1,994,000 | 1,421,000 | 3,036,000 | 2,100,000 | 2,867,000 | ||||||||
| Gross Profit | 8,363,000 | 7,506,000 | 5,582,000 | 6,814,000 | 7,978,000 | 3,813,000 | ||||||||
| Admin Expenses | 3,751,000 | 3,686,000 | 2,984,000 | 4,064,000 | 4,557,000 | 3,703,000 | ||||||||
| Operating Profit | 4,612,000 | 3,820,000 | 2,598,000 | 2,750,000 | 3,421,000 | 110,000 | ||||||||
| Interest Payable | 7,000 | 2,000 | 2,000 | 2,000 | 0 | 19,000 | ||||||||
| Interest Receivable | 0 | 0 | 0 | 3,000 | 4,000 | 0 | ||||||||
| Pre-Tax Profit | 4,605,000 | 3,818,000 | 2,596,000 | 2,751,000 | 3,425,000 | 91,000 | ||||||||
| Tax | -875,000 | -722,000 | -502,000 | -522,000 | -652,000 | 43,000 | ||||||||
| Profit After Tax | 3,730,000 | 3,096,000 | 2,094,000 | 2,229,000 | 2,773,000 | 134,000 | ||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Retained Profit | 3,730,000 | 3,096,000 | 2,094,000 | 2,229,000 | 2,773,000 | 134,000 | ||||||||
| Employee Costs | 2,005,000 | 1,848,000 | 1,621,000 | 2,207,000 | 2,277,000 | 1,363,000 | ||||||||
| Number Of Employees | 38 | 34 | 34 | 35 | 40 | 38 | 38 | |||||||
| EBITDA* | 4,715,000 | 3,829,000 | 2,607,000 | 2,764,000 | 3,466,000 | 120,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 170,000 | 111,000 | 83,000 | 55,000 | 16,000 | 41,000 | 44,588 | 52,492 | 59,615 | 70,430 | 84,017 | 91,858 | 40,761 | 39,343 |
| Intangible Assets | 17,000 | 26,000 | 11,000 | 15,000 | 20,000 | 0 | 0 | 466,667 | 1,266,667 | 2,066,900 | 467 | 233,334 | 633,334 | 1,516,667 |
| Investments & Other | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 85,000 | 50,000 | 7,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 207,000 | 118,000 | 72,000 | 63,000 | 36,000 | 41,000 | 44,588 | 519,159 | 1,326,282 | 2,137,330 | 84,484 | 325,192 | 674,095 | 1,556,010 |
| Stock & work in progress | 184,000 | 53,000 | 37,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 545,000 | 567,000 | 443,000 | 680,000 | 959,000 | 623,000 | 846,777 | 1,143,017 | 817,253 | 584,975 | 763,710 | 715,929 | 538,513 | 401,737 |
| Group Debtors | 12,405,000 | 5,973,000 | 4,598,000 | 2,760,000 | 1,286,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 38,000 | 19,000 | 19,000 | 54,000 | 56,000 | 1,226,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 3,727,000 | 6,839,000 | 4,652,000 | 4,250,000 | 3,956,000 | 1,825,000 | 1,867,458 | 1,481,619 | 537,116 | 473 | 98,049 | 151,287 | 438,200 | 404,691 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 16,899,000 | 13,451,000 | 9,749,000 | 7,744,000 | 6,257,000 | 3,674,000 | 2,714,235 | 2,624,636 | 1,354,369 | 585,448 | 861,759 | 867,216 | 976,713 | 806,428 |
| total assets | 17,106,000 | 13,569,000 | 9,821,000 | 7,807,000 | 6,293,000 | 3,715,000 | 2,758,823 | 3,143,795 | 2,680,651 | 2,722,778 | 946,243 | 1,192,408 | 1,650,808 | 2,362,438 |
| Bank overdraft | 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 |
| Trade Creditors | 161,000 | 240,000 | 205,000 | 197,000 | 179,000 | 267,000 | 1,560,891 | 2,641,436 | 2,241,886 | 2,060,599 | 364,388 | 406,691 | 763,479 | 1,210,999 |
| Group/Directors Accounts | 570,000 | 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 |
| hp & lease commitments | 75,000 | 51,000 | 28,000 | 29,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 993,000 | 1,747,000 | 1,168,000 | 1,255,000 | 2,017,000 | 2,117,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,799,000 | 2,038,000 | 1,401,000 | 1,481,000 | 2,196,000 | 2,384,000 | 1,560,891 | 2,641,436 | 2,241,886 | 2,060,599 | 364,388 | 406,691 | 763,479 | 1,210,999 |
| loans | 0 | 30,000 | 0 | 0 | 0 | 7,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 61,000 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 7,515 | 9,306 | 10,425 | 12,259 | 15,395 | 15,621 | 6,297 | 4,522 |
| total long term liabilities | 61,000 | 15,000 | 0 | 0 | 0 | 7,000 | 7,515 | 9,306 | 10,425 | 12,259 | 15,395 | 15,621 | 6,297 | 4,522 |
| total liabilities | 1,860,000 | 2,053,000 | 1,401,000 | 1,481,000 | 2,196,000 | 2,391,000 | 1,568,406 | 2,650,742 | 2,252,311 | 2,072,858 | 379,783 | 422,312 | 769,776 | 1,215,521 |
| net assets | 15,246,000 | 11,516,000 | 8,420,000 | 6,326,000 | 4,097,000 | 1,324,000 | 1,190,417 | 493,053 | 428,340 | 649,920 | 566,460 | 770,096 | 881,032 | 1,146,917 |
| total shareholders funds | 15,246,000 | 11,516,000 | 8,420,000 | 6,326,000 | 4,097,000 | 1,324,000 | 1,190,417 | 493,053 | 428,340 | 649,920 | 566,460 | 770,096 | 881,032 | 1,146,917 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 4,612,000 | 3,820,000 | 2,598,000 | 2,750,000 | 3,421,000 | 110,000 | ||||||||
| Depreciation | 94,000 | 7,000 | 5,000 | 9,000 | 44,000 | 10,000 | 11,544 | 13,592 | 15,276 | 18,139 | 21,514 | 23,451 | 10,589 | 10,848 |
| Amortisation | 9,000 | 2,000 | 4,000 | 5,000 | 1,000 | 0 | 466,667 | 800,000 | 800,233 | 333,567 | 233,567 | 400,000 | 883,333 | 200,000 |
| Tax | -875,000 | -722,000 | -502,000 | -522,000 | -652,000 | 43,000 | ||||||||
| Stock | 131,000 | 16,000 | 37,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 6,344,000 | 1,534,000 | 1,609,000 | 1,200,000 | 2,301,000 | 1,002,223 | -296,240 | 325,764 | 232,278 | -178,735 | 47,781 | 177,416 | 136,776 | 401,737 |
| Creditors | -79,000 | 35,000 | 8,000 | 18,000 | 179,000 | -1,293,891 | -1,080,545 | 399,550 | 181,287 | 1,696,211 | -42,303 | -356,788 | -447,520 | 1,210,999 |
| Accruals and Deferred Income | -754,000 | 579,000 | -87,000 | -762,000 | 2,017,000 | 2,117,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -7,515 | -1,791 | -1,119 | -1,834 | -3,136 | -226 | 9,324 | 1,775 | 4,522 |
| Cash flow from operations | -3,468,000 | 2,171,000 | 380,000 | 298,000 | 2,709,000 | -23,629 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 20,000 | 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 |
| Group/Directors Accounts | 570,000 | 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 |
| Long term loans | -30,000 | 30,000 | 0 | 0 | 0 | 7,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 70,000 | 38,000 | -1,000 | 29,000 | 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 |
| share issue | ||||||||||||||
| interest | -7,000 | -2,000 | -2,000 | 1,000 | 4,000 | -19,000 | ||||||||
| cash flow from financing | 603,000 | 66,000 | -3,000 | 30,000 | 1,328,000 | -12,417 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -3,112,000 | 2,187,000 | 402,000 | 294,000 | 3,956,000 | -42,458 | 385,839 | 944,503 | 536,643 | -97,576 | -53,238 | -286,913 | 33,509 | 404,691 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,112,000 | 2,187,000 | 402,000 | 294,000 | 3,956,000 | -42,458 | 385,839 | 944,503 | 536,643 | -97,576 | -53,238 | -286,913 | 33,509 | 404,691 |
used car sites limited Credit Report and Business Information
Used Car Sites Limited Competitor Analysis
Perform a competitor analysis for used car sites limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
used car sites limited Ownership
USED CAR SITES LIMITED group structure
Used Car Sites Limited has no subsidiary companies.
Ultimate parent company
BASING BIDCO LTD
#0141856
2 parents
USED CAR SITES LIMITED
04546950
used car sites limited directors
Used Car Sites Limited currently has 3 directors. The longest serving directors include Mr Mark Strickland (Sep 2019) and Mr Joseph Park (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Strickland | 62 years | Sep 2019 | - | Director | |
| Mr Joseph Park | 53 years | Apr 2022 | - | Director | |
| Ms Briony Horvath | England | 45 years | Jan 2023 | - | Director |
P&L
January 2023turnover
10.4m
+9%
operating profit
4.6m
+21%
gross margin
80.6%
+2.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
15.2m
+0.32%
total assets
17.1m
+0.26%
cash
3.7m
-0.46%
net assets
Total assets minus all liabilities
Similar Companies
used car sites limited company details
company number
04546950
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
incorporation date
September 2002
age
22
accounts
Full Accounts
ultimate parent company
previous names
uk car search limited (January 2003)
incorporated
UK
address
fanum house basing view, basingstoke, hampshire, RG21 4EA
last accounts submitted
January 2023
used car sites 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 3 charges/mortgages relating to used car sites limited. Currently there are 1 open charges and 2 have been satisfied in the past.
used car sites limited Companies House Filings - See Documents
| date | description | view/download |
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