vantage motor group limited

vantage motor group limited Company Information

Share VANTAGE MOTOR GROUP LIMITED
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MatureMegaHigh

Company Number

04652938

Industry

Sale of used cars and light motor vehicles

 

Retail trade of motor vehicle parts and accessories

 
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Shareholders

andrew mallory

timothy james ashley swindin

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Group Structure

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Contact

Registered Address

knaresborough toyota, york road, knaresborough, north yorkshire, HG5 0SS

vantage motor group limited Estimated Valuation

£132.9m

Pomanda estimates the enterprise value of VANTAGE MOTOR GROUP LIMITED at £132.9m based on a Turnover of £272.2m and 0.49x industry multiple (adjusted for size and gross margin).

vantage motor group limited Estimated Valuation

£21.1m

Pomanda estimates the enterprise value of VANTAGE MOTOR GROUP LIMITED at £21.1m based on an EBITDA of £3.5m and a 6.05x industry multiple (adjusted for size and gross margin).

vantage motor group limited Estimated Valuation

£25.9m

Pomanda estimates the enterprise value of VANTAGE MOTOR GROUP LIMITED at £25.9m based on Net Assets of £9.1m and 2.84x industry multiple (adjusted for liquidity).

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Vantage Motor Group Limited Overview

Vantage Motor Group Limited is a live company located in knaresborough, HG5 0SS with a Companies House number of 04652938. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in January 2003, it's largest shareholder is andrew mallory with a 45.3% stake. Vantage Motor Group Limited is a mature, mega sized company, Pomanda has estimated its turnover at £272.2m with high growth in recent years.

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Vantage Motor Group Limited Health Check

Pomanda's financial health check has awarded Vantage Motor Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

7 Strong

positive_score

0 Regular

positive_score

5 Weak

size

Size

annual sales of £272.2m, make it larger than the average company (£16.3m)

£272.2m - Vantage Motor Group Limited

£16.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (8.9%)

20% - Vantage Motor Group Limited

8.9% - Industry AVG

production

Production

with a gross margin of 10.7%, this company has a higher cost of product (20.6%)

10.7% - Vantage Motor Group Limited

20.6% - Industry AVG

profitability

Profitability

an operating margin of 0.9% make it less profitable than the average company (3.6%)

0.9% - Vantage Motor Group Limited

3.6% - Industry AVG

employees

Employees

with 425 employees, this is above the industry average (40)

425 - Vantage Motor Group Limited

40 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.7k, the company has a higher pay structure (£33.8k)

£44.7k - Vantage Motor Group Limited

£33.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £640.5k, this is more efficient (£355.8k)

£640.5k - Vantage Motor Group Limited

£355.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 8 days, this is earlier than average (21 days)

8 days - Vantage Motor Group Limited

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 48 days, this is slower than average (34 days)

48 days - Vantage Motor Group Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 42 days, this is less than average (54 days)

42 days - Vantage Motor Group Limited

54 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (8 weeks)

3 weeks - Vantage Motor Group Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 86%, this is a higher level of debt than the average (66.3%)

86% - Vantage Motor Group Limited

66.3% - Industry AVG

VANTAGE MOTOR GROUP LIMITED financials

EXPORTms excel logo

Vantage Motor Group Limited's latest turnover from December 2023 is £272.2 million and the company has net assets of £9.1 million. According to their latest financial statements, Vantage Motor Group Limited has 425 employees and maintains cash reserves of £3.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover272,217,000224,105,000198,267,000157,994,000169,358,000284,654,000280,119,000262,040,000209,253,000170,996,000104,738,00064,876,00058,666,00060,678,00060,863,000
Other Income Or Grants000000000000000
Cost Of Sales243,183,000196,260,000173,303,000137,726,000147,907,000249,480,000245,917,000230,615,000182,815,000148,814,00090,176,00055,420,00050,055,00052,069,00051,886,000
Gross Profit29,034,00027,845,00024,964,00020,268,00021,451,00035,174,00034,202,00031,425,00026,438,00022,182,00014,562,0009,456,0008,611,0008,609,0008,977,000
Admin Expenses26,574,00023,550,00019,693,00018,729,00020,508,00032,772,00031,659,00030,332,00024,696,00020,598,00013,460,0008,159,0007,502,0007,234,0007,898,000
Operating Profit2,460,0004,295,0005,271,0001,539,000943,0002,402,0002,543,0001,093,0001,742,0001,584,0001,102,0001,297,0001,109,0001,375,0001,079,000
Interest Payable1,531,000733,000679,000634,000853,0001,149,0001,081,0001,131,000737,000525,000291,000295,000293,000302,000323,000
Interest Receivable000000000000000
Pre-Tax Profit929,0003,562,0004,562,0001,262,000-1,238,0001,253,0001,462,000-38,0001,005,0001,059,000811,0001,002,000816,0001,073,000756,000
Tax-270,000-780,000-1,017,000-319,000234,000-232,000-272,000-93,000-288,000-272,000-251,000-273,000-221,000-202,000-228,000
Profit After Tax659,0002,782,0003,545,000943,000-1,004,0001,021,0001,190,000-131,000717,000787,000560,000729,000595,000871,000528,000
Dividends Paid01,409,000783,000390,0000000714,000114,000114,000114,000114,00000
Retained Profit659,0001,373,0002,762,000553,000-1,004,0001,021,0001,190,000-131,0003,000673,000446,000615,000481,000871,000528,000
Employee Costs18,978,00016,261,00015,799,00016,528,00023,002,00022,261,00021,344,00020,019,00016,085,00013,229,0008,875,0005,741,0005,304,0005,074,0005,797,000
Number Of Employees425381380402615597601559464408279171164157162
EBITDA*3,482,0005,030,0005,958,0002,302,0001,905,0003,334,0003,603,0002,245,0002,671,0002,425,0001,694,0001,718,0001,488,0001,711,0001,577,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets24,158,00021,612,00022,533,00022,150,00029,035,00028,418,00025,357,00030,102,00027,888,00016,848,00015,453,0008,784,0009,028,0008,484,0008,386,000
Intangible Assets1,260,0001,365,0001,470,0001,575,0001,880,0001,985,0001,890,0002,477,0002,678,000393,000458,000170,000202,000235,000268,000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets25,418,00022,977,00024,003,00023,725,00030,915,00030,403,00027,247,00032,579,00030,566,00017,241,00015,911,0008,954,0009,230,0008,719,0008,654,000
Stock & work in progress28,355,00026,916,00021,858,00021,971,00031,281,00045,298,00039,256,00035,657,00029,282,00022,531,00019,695,0007,122,0006,778,0004,848,0004,019,000
Trade Debtors6,242,0005,002,0003,317,0003,380,0006,060,0008,385,0006,712,0008,266,0006,609,0002,848,0001,746,000873,000794,000618,000781,000
Group Debtors000000000000000
Misc Debtors1,611,0001,145,0001,163,000685,0002,206,0004,376,0003,013,0002,477,0002,450,0003,982,0003,760,0001,549,0001,517,0001,589,0001,509,000
Cash3,355,0002,247,0001,903,000304,0001,070,0007,000410,0006,0002,394,000172,000368,000258,0000304,000272,000
misc current assets000000000420,00000000
total current assets39,563,00035,310,00028,241,00026,340,00040,617,00058,066,00049,391,00046,406,00040,735,00029,953,00025,569,0009,802,0009,089,0007,359,0006,581,000
total assets64,981,00058,287,00052,244,00050,065,00071,532,00088,469,00076,638,00078,985,00071,301,00047,194,00041,480,00018,756,00018,319,00016,078,00015,235,000
Bank overdraft0000097,00001,291,00000298,000290,000000
Bank loan000000000346,00000290,000276,000268,000
Trade Creditors 32,377,00023,642,00019,977,00018,966,00028,095,00042,276,00035,426,00032,783,00028,468,00021,667,00018,439,0005,564,0004,892,0003,522,0003,126,000
Group/Directors Accounts174,0001,461,000784,000149,00000065,000385,00061,00034,00081,00032,00000
other short term finances1,531,0001,177,0001,252,0001,252,0005,589,0002,107,0002,837,0001,913,0001,913,0005,086,0005,995,0001,775,0001,796,0001,370,0001,297,000
hp & lease commitments000000000000000
other current liabilities12,431,00015,643,00013,692,00014,784,00020,753,00020,493,00017,264,00016,651,00013,079,0005,418,0003,611,0002,517,0002,941,0002,638,0002,479,000
total current liabilities46,513,00041,923,00035,705,00035,151,00054,437,00064,973,00055,527,00052,703,00043,845,00032,578,00028,377,00010,227,0009,951,0007,806,0007,170,000
loans8,924,0007,560,0009,248,00010,501,00013,298,00015,181,00013,789,00019,554,00020,472,0007,743,0006,915,0004,727,0005,158,0005,582,0006,246,000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions439,000357,000217,000101,00063,00077,000096,000125,00017,0005,000039,00000
total long term liabilities9,363,0007,917,0009,465,00010,602,00013,361,00015,258,00013,789,00019,650,00020,597,0007,760,0006,920,0004,727,0005,197,0005,582,0006,246,000
total liabilities55,876,00049,840,00045,170,00045,753,00067,798,00080,231,00069,316,00072,353,00064,442,00040,338,00035,297,00014,954,00015,148,00013,388,00013,416,000
net assets9,105,0008,447,0007,074,0004,312,0003,734,0008,238,0007,322,0006,632,0006,859,0006,856,0006,183,0003,802,0003,171,0002,690,0001,819,000
total shareholders funds9,105,0008,447,0007,074,0004,312,0003,734,0008,238,0007,322,0006,632,0006,859,0006,856,0006,183,0003,802,0003,171,0002,690,0001,819,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit2,460,0004,295,0005,271,0001,539,000943,0002,402,0002,543,0001,093,0001,742,0001,584,0001,102,0001,297,0001,109,0001,375,0001,079,000
Depreciation917,000630,000582,000658,000857,000827,000955,000951,000805,000776,000527,000389,000347,000303,000430,000
Amortisation105,000105,000105,000105,000105,000105,000105,000201,000124,00065,00065,00032,00032,00033,00068,000
Tax-270,000-780,000-1,017,000-319,000234,000-232,000-272,000-93,000-288,000-272,000-251,000-273,000-221,000-202,000-228,000
Stock1,439,0005,058,000-113,000-9,310,000-14,017,0006,042,0003,599,0006,375,0006,751,0002,836,00012,573,000344,0001,930,000829,0004,019,000
Debtors1,706,0001,667,000415,000-4,201,000-4,495,0003,036,000-1,018,0001,684,0002,229,0001,324,0003,084,000111,000104,000-83,0002,290,000
Creditors8,735,0003,665,0001,011,000-9,129,000-14,181,0006,850,0002,643,0004,315,0006,801,0003,228,00012,875,000672,0001,370,000396,0003,126,000
Accruals and Deferred Income-3,212,0001,951,000-1,092,000-5,969,000260,0003,229,000613,0003,572,0007,661,0001,807,0001,094,000-424,000303,000159,0002,479,000
Deferred Taxes & Provisions82,000140,000116,00038,000-14,00077,000-96,000-29,000108,00012,0005,000-39,00039,00000
Cash flow from operations5,672,0003,281,0004,674,000434,0006,716,0004,180,0003,910,0001,951,0007,973,0003,040,000-240,0001,199,000945,0001,318,000645,000
Investing Activities
capital expenditure00000-4,087,0004,265,000-3,171,000-15,314,000-2,714,000-3,600,000-146,000-890,000-399,000-1,478,000
Change in Investments000000000000000
cash flow from investments00000-4,087,0004,265,000-3,171,000-15,314,000-2,714,000-3,600,000-146,000-890,000-399,000-1,478,000
Financing Activities
Bank loans00000000-346,000346,0000-290,00014,0008,000268,000
Group/Directors Accounts-1,287,000677,000635,000149,00000-65,000-320,000324,00027,000-47,00049,00032,00000
Other Short Term Loans 354,000-75,0000-4,337,0003,482,000-730,000924,0000-3,173,000-909,0004,220,000-21,000426,00073,0001,297,000
Long term loans1,364,000-1,688,000-1,253,000-2,797,000-1,883,0001,392,000-5,765,000-918,00012,729,000828,0002,188,000-431,000-424,000-664,0006,246,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue-1,0000025,000-3,500,000-105,000-500,000-96,000001,935,00016,000001,291,000
interest-1,531,000-733,000-679,000-634,000-853,000-1,149,000-1,081,000-1,131,000-737,000-525,000-291,000-295,000-293,000-302,000-323,000
cash flow from financing-1,101,000-1,819,000-1,297,000-7,594,000-2,754,000-592,000-6,487,000-2,465,0008,797,000-233,0008,005,000-972,000-245,000-885,0008,779,000
cash and cash equivalents
cash1,108,000344,0001,599,000-766,0001,063,000-403,000404,000-2,388,0002,222,000-196,000110,000258,000-304,00032,000272,000
overdraft0000-97,00097,000-1,291,0001,291,0000-298,0008,000290,000000
change in cash1,108,000344,0001,599,000-766,0001,160,000-500,0001,695,000-3,679,0002,222,000102,000102,000-32,000-304,00032,000272,000

vantage motor group limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Vantage Motor Group Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for vantage motor group limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in HG5 area or any other competitors across 12 key performance metrics.

vantage motor group limited Ownership

VANTAGE MOTOR GROUP LIMITED group structure

Vantage Motor Group Limited has 5 subsidiary companies.

VANTAGE MOTOR GROUP LIMITED Shareholders

andrew mallory 45.29%
timothy james ashley swindin 45.29%
philip white 9.43%

vantage motor group limited directors

Vantage Motor Group Limited currently has 2 directors. The longest serving directors include Mr Timothy Swindin (Aug 2008) and Mr Andrew Mallory (Apr 2011).

officercountryagestartendrole
Mr Timothy Swindin58 years Aug 2008- Director
Mr Andrew Mallory55 years Apr 2011- Director

P&L

December 2023

turnover

272.2m

+21%

operating profit

2.5m

-43%

gross margin

10.7%

-14.16%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

9.1m

+0.08%

total assets

65m

+0.11%

cash

3.4m

+0.49%

net assets

Total assets minus all liabilities

vantage motor group limited company details

company number

04652938

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

45320 - Retail trade of motor vehicle parts and accessories

45200 - Maintenance and repair of motor vehicles

incorporation date

January 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

December 2023

previous names

meridian motor group limited (August 2016)

blue ranger limited (February 2003)

accountant

-

auditor

SMAILES GOLDIE

address

knaresborough toyota, york road, knaresborough, north yorkshire, HG5 0SS

Bank

NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC

Legal Advisor

ROLLITTS LLP

vantage motor group 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 38 charges/mortgages relating to vantage motor group limited. Currently there are 18 open charges and 20 have been satisfied in the past.

vantage motor group 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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vantage motor group limited Companies House Filings - See Documents

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