mike brown car sales limited
mike brown car sales limited Company Information
Company Number
04653693
Website
www.mikebrowncarsales.co.ukRegistered Address
12b darwin court hawking place, blackpool technology park, blackpool, lancashire, FY2 0JN
Industry
Sale of used cars and light motor vehicles
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Michael Brown21 Years
Shareholders
mr m.j. brown 90%
mrs e.c. brown 10%
mike brown car sales limited Estimated Valuation
Pomanda estimates the enterprise value of MIKE BROWN CAR SALES LIMITED at £104.9k based on a Turnover of £666.5k and 0.16x industry multiple (adjusted for size and gross margin).
mike brown car sales limited Estimated Valuation
Pomanda estimates the enterprise value of MIKE BROWN CAR SALES LIMITED at £33.1k based on an EBITDA of £13.4k and a 2.47x industry multiple (adjusted for size and gross margin).
mike brown car sales limited Estimated Valuation
Pomanda estimates the enterprise value of MIKE BROWN CAR SALES LIMITED at £30.6k based on Net Assets of £11.3k and 2.7x industry multiple (adjusted for liquidity).
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Mike Brown Car Sales Limited Overview
Mike Brown Car Sales Limited is a live company located in blackpool, FY2 0JN with a Companies House number of 04653693. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in January 2003, it's largest shareholder is mr m.j. brown with a 90% stake. Mike Brown Car Sales Limited is a mature, small sized company, Pomanda has estimated its turnover at £666.5k with healthy growth in recent years.
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Mike Brown Car Sales Limited Health Check
Pomanda's financial health check has awarded Mike Brown Car Sales Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £666.5k, make it smaller than the average company (£3.2m)
- Mike Brown Car Sales Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (8.3%)
- Mike Brown Car Sales Limited
8.3% - Industry AVG
Production
with a gross margin of 6.5%, this company has a higher cost of product (10.8%)
- Mike Brown Car Sales Limited
10.8% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (2.9%)
- Mike Brown Car Sales Limited
2.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
1 - Mike Brown Car Sales Limited
8 - Industry AVG
Pay Structure
on an average salary of £32.2k, the company has an equivalent pay structure (£32.2k)
- Mike Brown Car Sales Limited
£32.2k - Industry AVG
Efficiency
resulting in sales per employee of £666.5k, this is more efficient (£474.3k)
- Mike Brown Car Sales Limited
£474.3k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (8 days)
- Mike Brown Car Sales Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (15 days)
- Mike Brown Car Sales Limited
15 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mike Brown Car Sales Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mike Brown Car Sales Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.2%, this is a higher level of debt than the average (68.4%)
91.2% - Mike Brown Car Sales Limited
68.4% - Industry AVG
MIKE BROWN CAR SALES LIMITED financials
Mike Brown Car Sales Limited's latest turnover from April 2023 is estimated at £666.5 thousand and the company has net assets of £11.3 thousand. According to their latest financial statements, Mike Brown Car Sales Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 850 | 1,062 | 1,327 | 1,659 | 2,075 | 171 | 286 | 405 | 145 | 181 | 101 | 126 | 221 | 550 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 850 | 1,062 | 1,327 | 1,659 | 2,075 | 171 | 286 | 405 | 145 | 181 | 101 | 126 | 221 | 550 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 65,191 | 61,267 | 54,621 | 67,196 | 79,623 | 74,574 | 117,031 | 117,350 |
| Trade Debtors | 127,638 | 147,846 | 141,186 | 74,513 | 79,871 | 95,909 | 2,000 | 1,302 | 3,720 | 432 | 584 | 8,160 | 1,339 | 19,009 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 113 | 0 | 0 | 0 | 0 | 96 | 434 | 0 | 0 | 0 | 8,111 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,290 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 127,638 | 147,846 | 141,299 | 74,513 | 79,871 | 95,909 | 67,191 | 62,665 | 58,775 | 68,918 | 80,207 | 82,734 | 126,481 | 136,359 |
| total assets | 128,488 | 148,908 | 142,626 | 76,172 | 81,946 | 96,080 | 67,477 | 63,070 | 58,920 | 69,099 | 80,308 | 82,860 | 126,702 | 136,909 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 34,067 | 17,693 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 82,409 | 101,699 | 98,509 | 90,460 | 90,446 | 86,499 | 0 | 1,197 | 47,844 | 38,160 | 52,788 | 34,315 | 61,011 | 38,554 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 674 | 0 | 0 | 0 | 0 | 3,294 | 0 | 15,593 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 6,896 | 13,539 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 82,409 | 101,699 | 98,509 | 90,460 | 90,446 | 86,499 | 41,637 | 32,429 | 47,844 | 38,160 | 52,788 | 37,609 | 61,011 | 54,147 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,005 | 3,077 | 3,119 | 2,999 | 5,070 | 3,698 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 31,732 | 42,812 | 60,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 34,737 | 45,889 | 63,119 | 2,999 | 5,070 | 3,698 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 117,146 | 147,588 | 161,628 | 93,459 | 95,516 | 90,197 | 41,637 | 32,429 | 47,844 | 38,160 | 52,788 | 37,609 | 61,011 | 54,147 |
| net assets | 11,342 | 1,320 | -19,002 | -17,287 | -13,570 | 5,883 | 25,840 | 30,641 | 11,076 | 30,939 | 27,520 | 45,251 | 65,691 | 82,762 |
| total shareholders funds | 11,342 | 1,320 | -19,002 | -17,287 | -13,570 | 5,883 | 25,840 | 30,641 | 11,076 | 30,939 | 27,520 | 45,251 | 65,691 | 82,762 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 120 | 126 | 36 | 45 | 25 | 95 | 329 | 339 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -65,191 | 3,924 | 6,646 | -12,575 | -12,427 | 5,049 | -42,457 | -319 | 117,350 |
| Debtors | -20,208 | 6,547 | 66,786 | -5,358 | -16,038 | 93,909 | 602 | -2,756 | 3,722 | -152 | -7,576 | -1,290 | -9,559 | 19,009 |
| Creditors | -19,290 | 3,190 | 8,049 | 14 | 3,947 | 86,499 | -1,197 | -46,647 | 9,684 | -14,628 | 18,473 | -26,696 | 22,457 | 38,554 |
| Accruals and Deferred Income | -72 | -42 | 120 | -2,071 | 1,372 | -3,198 | -6,643 | 13,539 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 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 | 0 | 0 | 0 | 0 | 0 | -674 | 674 | 0 | 0 | 0 | -3,294 | 3,294 | -15,593 | 15,593 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -11,080 | -17,188 | 60,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,290 | 1,290 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -34,067 | 16,374 | 17,693 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 34,067 | -16,374 | -17,693 | -1,290 | 1,290 | 0 | 0 | 0 | 0 |
mike brown car sales limited Credit Report and Business Information
Mike Brown Car Sales Limited Competitor Analysis
Perform a competitor analysis for mike brown car sales limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mike brown car sales limited Ownership
MIKE BROWN CAR SALES LIMITED group structure
Mike Brown Car Sales Limited has no subsidiary companies.
Ultimate parent company
MIKE BROWN CAR SALES LIMITED
04653693
mike brown car sales limited directors
Mike Brown Car Sales Limited currently has 1 director, Mr Michael Brown serving since Jan 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Brown | 62 years | Jan 2003 | - | Director |
P&L
April 2023turnover
666.5k
-13%
operating profit
13.4k
0%
gross margin
6.5%
-11.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
11.3k
+7.59%
total assets
128.5k
-0.14%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mike brown car sales limited company details
company number
04653693
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
January 2003
age
21
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
12b darwin court hawking place, blackpool technology park, blackpool, lancashire, FY2 0JN
last accounts submitted
April 2023
mike brown car sales 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 did not find charges/mortgages relating to mike brown car sales limited.
mike brown car sales limited Companies House Filings - See Documents
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