robspeed motorcycles limited
robspeed motorcycles limited Company Information
Company Number
04573986
Next Accounts
9 days late
Shareholders
the right car uk limited
robert stewart
Group Structure
View All
Industry
Sale, maintenance and repair of motorcycles and related parts and accessories
Registered Address
368-378 cleethorpe road, grimsby, north east lincolnshire, DN31 3DH
Website
www.robspeed.comrobspeed motorcycles limited Estimated Valuation
Pomanda estimates the enterprise value of ROBSPEED MOTORCYCLES LIMITED at £841.6k based on a Turnover of £2.3m and 0.37x industry multiple (adjusted for size and gross margin).
robspeed motorcycles limited Estimated Valuation
Pomanda estimates the enterprise value of ROBSPEED MOTORCYCLES LIMITED at £921.9k based on an EBITDA of £227.7k and a 4.05x industry multiple (adjusted for size and gross margin).
robspeed motorcycles limited Estimated Valuation
Pomanda estimates the enterprise value of ROBSPEED MOTORCYCLES LIMITED at £2.6m based on Net Assets of £874.8k and 3.01x industry multiple (adjusted for liquidity).
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Robspeed Motorcycles Limited Overview
Robspeed Motorcycles Limited is a live company located in north east lincolnshire, DN31 3DH with a Companies House number of 04573986. It operates in the sale, maintenance and repair of motorcycles and related parts and accessories sector, SIC Code 45400. Founded in October 2002, it's largest shareholder is the right car uk limited with a 66.7% stake. Robspeed Motorcycles Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with declining growth in recent years.
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Robspeed Motorcycles Limited Health Check
Pomanda's financial health check has awarded Robspeed Motorcycles Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£15m)
- Robspeed Motorcycles Limited
£15m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (7.3%)
- Robspeed Motorcycles Limited
7.3% - Industry AVG
Production
with a gross margin of 18.1%, this company has a comparable cost of product (18.1%)
- Robspeed Motorcycles Limited
18.1% - Industry AVG
Profitability
an operating margin of 9.1% make it more profitable than the average company (3.2%)
- Robspeed Motorcycles Limited
3.2% - Industry AVG
Employees
with 10 employees, this is below the industry average (47)
10 - Robspeed Motorcycles Limited
47 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- Robspeed Motorcycles Limited
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £227.8k, this is less efficient (£282.9k)
- Robspeed Motorcycles Limited
£282.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (10 days)
- Robspeed Motorcycles Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 94 days, this is slower than average (52 days)
- Robspeed Motorcycles Limited
52 days - Industry AVG
Stock Days
it holds stock equivalent to 182 days, this is more than average (111 days)
- Robspeed Motorcycles Limited
111 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (4 weeks)
24 weeks - Robspeed Motorcycles Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.6%, this is a lower level of debt than the average (59.4%)
46.6% - Robspeed Motorcycles Limited
59.4% - Industry AVG
ROBSPEED MOTORCYCLES LIMITED financials
Robspeed Motorcycles Limited's latest turnover from May 2023 is estimated at £2.3 million and the company has net assets of £874.8 thousand. According to their latest financial statements, Robspeed Motorcycles Limited has 10 employees and maintains cash reserves of £331.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 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 | 10 | 10 | 13 | 20 | 19 | 14 | 11 | 11 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 337,606 | 175,412 | 23,114 | 31,018 | 24,731 | 31,205 | 16,439 | 22,984 | 12,239 | 15,253 | 11,449 | 13,784 | 16,670 | 16,452 |
| Intangible Assets | 27,000 | 67,500 | 74,250 | 81,000 | 87,750 | |||||||||
| Investments & Other | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 337,608 | 175,414 | 23,116 | 31,020 | 24,733 | 31,207 | 16,441 | 22,984 | 12,239 | 42,253 | 78,949 | 88,034 | 97,670 | 104,202 |
| Stock & work in progress | 934,159 | 784,301 | 823,693 | 1,364,468 | 1,428,942 | 1,309,584 | 833,828 | 946,712 | 830,499 | 605,729 | 473,929 | 546,452 | 662,950 | 738,926 |
| Trade Debtors | 1,681 | 5,993 | 7,711 | 7,770 | 13,585 | 12,615 | 10,736 | 6,518 | 30,722 | 32,810 | 30,871 | 31,077 | 22,949 | 47,347 |
| Group Debtors | 14,611 | 56,228 | 95,537 | 31,850 | 31,850 | 13,300 | 56,728 | |||||||
| Misc Debtors | 18,567 | 22,048 | 12,753 | 13,897 | 40,111 | 46,289 | 28,769 | 43,720 | ||||||
| Cash | 331,760 | 298,398 | 243,839 | 84,439 | 106,705 | 191,814 | 108,940 | 119,300 | 8,531 | 9,990 | 7,596 | 11,871 | 5,178 | 6,330 |
| misc current assets | ||||||||||||||
| total current assets | 1,300,778 | 1,166,968 | 1,183,533 | 1,502,424 | 1,621,193 | 1,573,602 | 1,039,001 | 1,116,250 | 869,752 | 648,529 | 512,396 | 589,400 | 691,077 | 792,603 |
| total assets | 1,638,386 | 1,342,382 | 1,206,649 | 1,533,444 | 1,645,926 | 1,604,809 | 1,055,442 | 1,139,234 | 881,991 | 690,782 | 591,345 | 677,434 | 788,747 | 896,805 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 485,143 | 354,349 | 290,768 | 527,054 | 737,870 | 763,095 | 405,807 | 566,576 | 758,523 | 680,147 | 577,276 | 599,466 | 736,603 | 775,475 |
| Group/Directors Accounts | 1,000 | 90,021 | 15,625 | 3,147 | 59,362 | 14,605 | ||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 216,212 | 209,333 | 227,037 | 243,743 | 305,364 | 320,808 | 175,315 | 271,449 | ||||||
| total current liabilities | 702,355 | 563,682 | 517,805 | 860,818 | 1,058,859 | 1,087,050 | 640,484 | 852,630 | 758,523 | 680,147 | 577,276 | 599,466 | 736,603 | 775,475 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 27,734 | 45,703 | 40,493 | 50,000 | ||||||||||
| provisions | 33,517 | 23,742 | 4,220 | 5,893 | 4,240 | 5,370 | 2,703 | 4,057 | 1,789 | 2,247 | 984 | 1,432 | 1,328 | 1,283 |
| total long term liabilities | 61,251 | 69,445 | 44,713 | 55,893 | 4,240 | 5,370 | 2,703 | 4,057 | 1,789 | 2,247 | 984 | 1,432 | 1,328 | 1,283 |
| total liabilities | 763,606 | 633,127 | 562,518 | 916,711 | 1,063,099 | 1,092,420 | 643,187 | 856,687 | 760,312 | 682,394 | 578,260 | 600,898 | 737,931 | 776,758 |
| net assets | 874,780 | 709,255 | 644,131 | 616,733 | 582,827 | 512,389 | 412,255 | 282,547 | 121,679 | 8,388 | 13,085 | 76,536 | 50,816 | 120,047 |
| total shareholders funds | 874,780 | 709,255 | 644,131 | 616,733 | 582,827 | 512,389 | 412,255 | 282,547 | 121,679 | 8,388 | 13,085 | 76,536 | 50,816 | 120,047 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 21,138 | 4,624 | 7,099 | 9,254 | 6,474 | 5,865 | 7,208 | 4,512 | 3,966 | 5,249 | 2,335 | 2,723 | 3,382 | 3,679 |
| Amortisation | 27,000 | 40,500 | 6,750 | 6,750 | 6,750 | 6,750 | ||||||||
| Tax | ||||||||||||||
| Stock | 149,858 | -39,392 | -540,775 | -64,474 | 119,358 | 475,756 | -112,884 | 116,213 | 224,770 | 605,729 | -72,523 | -116,498 | -75,976 | 738,926 |
| Debtors | -49,410 | -31,732 | 62,484 | -32,029 | 13,342 | -24,029 | 45,995 | 19,516 | -2,088 | 32,810 | -206 | 8,128 | -24,398 | 47,347 |
| Creditors | 130,794 | 63,581 | -236,286 | -210,816 | -25,225 | 357,288 | -160,769 | -191,947 | 78,376 | 680,147 | -22,190 | -137,137 | -38,872 | 775,475 |
| Accruals and Deferred Income | 6,879 | -17,704 | -16,706 | -61,621 | -15,444 | 145,493 | -96,134 | 271,449 | ||||||
| Deferred Taxes & Provisions | 9,775 | 19,522 | -1,673 | 1,653 | -1,130 | 2,667 | -1,354 | 2,268 | -458 | 2,247 | -448 | 104 | 45 | 1,283 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 2 | |||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 1,000 | -90,021 | 74,396 | 12,478 | -56,215 | 44,757 | 14,605 | |||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -17,969 | 5,210 | -9,507 | 50,000 | ||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 33,362 | 54,559 | 159,400 | -22,266 | -85,109 | 82,874 | -10,360 | 110,769 | -1,459 | 9,990 | -4,275 | 6,693 | -1,152 | 6,330 |
| overdraft | ||||||||||||||
| change in cash | 33,362 | 54,559 | 159,400 | -22,266 | -85,109 | 82,874 | -10,360 | 110,769 | -1,459 | 9,990 | -4,275 | 6,693 | -1,152 | 6,330 |
robspeed motorcycles limited Credit Report and Business Information
Robspeed Motorcycles Limited Competitor Analysis
Perform a competitor analysis for robspeed motorcycles 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 DN31 area or any other competitors across 12 key performance metrics.
robspeed motorcycles limited Ownership
ROBSPEED MOTORCYCLES LIMITED group structure
Robspeed Motorcycles Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
ROBSPEED MOTORCYCLES LIMITED
04573986
2 subsidiaries
robspeed motorcycles limited directors
Robspeed Motorcycles Limited currently has 2 directors. The longest serving directors include Mr Robert Stewart (Oct 2002) and Mrs Elaine Kamis (Jan 2025).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Stewart | 61 years | Oct 2002 | - | Director | |
| Mrs Elaine Kamis | 64 years | Jan 2025 | - | Director |
P&L
May 2023turnover
2.3m
-5%
operating profit
206.5k
0%
gross margin
18.2%
+11.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
874.8k
+0.23%
total assets
1.6m
+0.22%
cash
331.8k
+0.11%
net assets
Total assets minus all liabilities
robspeed motorcycles limited company details
company number
04573986
Type
Private limited with Share Capital
industry
45400 - Sale, maintenance and repair of motorcycles and related parts and accessories
incorporation date
October 2002
age
23
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
May 2023
previous names
N/A
accountant
SMAILES GOLDIE
auditor
-
address
368-378 cleethorpe road, grimsby, north east lincolnshire, DN31 3DH
Bank
-
Legal Advisor
-
robspeed motorcycles 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 1 charges/mortgages relating to robspeed motorcycles limited. Currently there are 1 open charges and 0 have been satisfied in the past.
robspeed motorcycles 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.
Click to start generating capital raising & share issue transactions for ROBSPEED MOTORCYCLES LIMITED. This can take several minutes, an email will notify you when this has completed.
robspeed motorcycles limited Companies House Filings - See Documents
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