max automotive ltd

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max automotive ltd Company Information

Share MAX AUTOMOTIVE LTD

Company Number

04697390

Shareholders

wwac automotive ltd

Group Structure

View All

Industry

Wholesale trade of motor vehicle parts and accessories

 

Registered Address

unit 49 sutton park avenue, earley, reading, RG6 1AZ

max automotive ltd Estimated Valuation

£2.3k

Pomanda estimates the enterprise value of MAX AUTOMOTIVE LTD at £2.3k based on a Turnover of £9.1k and 0.26x industry multiple (adjusted for size and gross margin).

max automotive ltd Estimated Valuation

£408.4k

Pomanda estimates the enterprise value of MAX AUTOMOTIVE LTD at £408.4k based on an EBITDA of £121.7k and a 3.35x industry multiple (adjusted for size and gross margin).

max automotive ltd Estimated Valuation

£816.5k

Pomanda estimates the enterprise value of MAX AUTOMOTIVE LTD at £816.5k based on Net Assets of £343.6k and 2.38x industry multiple (adjusted for liquidity).

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Max Automotive Ltd Overview

Max Automotive Ltd is a live company located in reading, RG6 1AZ with a Companies House number of 04697390. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in March 2003, it's largest shareholder is wwac automotive ltd with a 100% stake. Max Automotive Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £9.1k with declining growth in recent years.

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Max Automotive Ltd Health Check

Pomanda's financial health check has awarded Max Automotive Ltd a 3.5 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

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £9.1k, make it smaller than the average company (£17.8m)

£9.1k - Max Automotive Ltd

£17.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -67%, show it is growing at a slower rate (11.2%)

-67% - Max Automotive Ltd

11.2% - Industry AVG

production

Production

with a gross margin of 26.8%, this company has a comparable cost of product (26.8%)

26.8% - Max Automotive Ltd

26.8% - Industry AVG

profitability

Profitability

an operating margin of 1342% make it more profitable than the average company (5.6%)

1342% - Max Automotive Ltd

5.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (52)

1 - Max Automotive Ltd

52 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.1k, the company has an equivalent pay structure (£38.1k)

£38.1k - Max Automotive Ltd

£38.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £9.1k, this is less efficient (£313.1k)

£9.1k - Max Automotive Ltd

£313.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 75 days, this is later than average (51 days)

75 days - Max Automotive Ltd

51 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Max Automotive Ltd

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 68 days, this is less than average (96 days)

68 days - Max Automotive Ltd

96 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (9 weeks)

42 weeks - Max Automotive Ltd

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 64.3%, this is a higher level of debt than the average (52.1%)

64.3% - Max Automotive Ltd

52.1% - Industry AVG

MAX AUTOMOTIVE LTD financials

EXPORTms excel logo

Max Automotive Ltd's latest turnover from March 2024 is estimated at £9.1 thousand and the company has net assets of £343.6 thousand. According to their latest financial statements, we estimate that Max Automotive Ltd has 1 employee and maintains cash reserves of £106.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover9,07211,58073,316257,170126,5458,478126,412605,210228,55089,41584,788606,550585,964624,703693,939
Other Income Or Grants
Cost Of Sales6,6418,40054,123190,36693,7806,29196,851492,928162,54064,28761,884497,170480,479485,574527,212
Gross Profit2,4313,18019,19366,80332,7652,18629,561112,28266,01025,12922,904109,380105,485139,129166,727
Admin Expenses-119,313-54,28312,91163,206-2,298-23,58725,10783,72677,74310,044-7,71782,685100,912102,788108,614
Operating Profit121,74457,4636,2823,59735,06325,7734,45428,556-11,73315,08530,62126,6954,57336,34158,113
Interest Payable4396711,7301,483
Interest Receivable6,3606,7631,2818533230488560
Pre-Tax Profit128,10464,2267,5633,68335,09626,0044,45428,117-12,35713,44129,19726,6954,57336,34158,113
Tax-32,026-12,203-1,437-700-6,668-4,941-1,763-5,623-2,823-6,715-5,732-1,029-7,804-12,465
Profit After Tax96,07852,0236,1262,98328,42821,0632,69122,494-12,35710,61822,48220,9633,54428,53745,648
Dividends Paid8,09820,00030,00012,00030,000
Retained Profit96,07852,0236,1262,98328,42821,063-5,4072,494-12,35710,61822,482-9,037-8,456-1,46345,648
Employee Costs38,14234,78634,22165,97032,86331,1996,10526,50085,84427,26027,54882,11379,57180,419104,729
Number Of Employees111211133113334
EBITDA*121,74457,4636,2823,59740,44330,6009,28133,383-5,94020,87839,49230,8868,76437,80060,184

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets296,400236,40061,40061,40061,40036,20416,93321,76026,58732,38038,173101,678105,86996,13597,594
Intangible Assets79,63479,63479,63479,63479,63479,63479,63479,63479,63479,63479,634
Investments & Other476,00050505050
Debtors (Due After 1 year)13,3299,5407,096
Total Fixed Assets852,034316,084141,084141,084141,084115,83896,567101,394106,221125,343127,347108,774105,86996,13597,594
Stock & work in progress1,2401,80432,87569,1388,6423,40428,30041,90134,52531,98028,25036,47056,36849,92337,527
Trade Debtors1,8652,2878,93144,71028,4901,1079,2041907,6113,7877,09610,037
Group Debtors
Misc Debtors
Cash106,880135,400182,859158,63611,90754,0757,3508,8173,48715,54018,5835,3782,85315,29935,018
misc current assets
total current assets109,985139,491224,665272,48449,03958,58644,85450,90845,62347,52046,83341,84863,00872,31882,582
total assets962,019455,575365,749413,568190,123174,424141,421152,302151,844172,863174,180150,622168,877168,453180,176
Bank overdraft8,55517,9841,179
Bank loan
Trade Creditors
Group/Directors Accounts232,8271,3063,512
other short term finances20,65032,5854,5004,500
hp & lease commitments
other current liabilities130,63823,00931,21042,15175715,3831,7633,85918,43115,41629,36238,595
total current liabilities130,63823,00931,21042,15175715,3831,7633,85920,65032,58531,50940,72731,84742,107
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities487,737185,000138,996182,0002,9321,0352,7159,9528,129
provisions
total long term liabilities487,737185,000138,996182,0002,9321,0352,7159,9528,129
total liabilities618,375208,009170,206224,1513,68916,4184,4789,95211,98820,65032,58531,50940,72731,84742,107
net assets343,644247,566195,543189,417186,434158,006136,943142,350139,856152,213141,595119,113128,150136,606138,069
total shareholders funds343,644247,566195,543189,417186,434158,006136,943142,350139,856152,213141,595119,113128,150136,606138,069
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit121,74457,4636,2823,59735,06325,7734,45428,556-11,73315,08530,62126,6954,57336,34158,113
Depreciation5,3804,8274,8274,8275,7935,7938,8714,1914,1911,4592,071
Amortisation
Tax-32,026-12,203-1,437-700-6,668-4,941-1,763-5,623-2,823-6,715-5,732-1,029-7,804-12,465
Stock-564-31,071-36,26360,4965,238-24,896-13,6017,3762,5453,730-8,220-19,8986,44512,39637,527
Debtors-422-6,644-35,77916,22027,383-8,0979,014-7,421-5,7183,7892,4443,309-3,309-2,94110,037
Creditors
Accruals and Deferred Income107,629-8,201-10,94141,394-14,62613,6201,763-3,8593,859-18,4313,015-13,946-9,23338,595
Deferred Taxes & Provisions
Cash flow from operations198,33374,77465,946-32,425-13,47272,27213,86823,9461,09210,53620,12244,758-9,34711,30838,750
Investing Activities
capital expenditure-60,000-175,000-30,576-24,098-25,000-13,925-99,665
Change in Investments475,95050
cash flow from investments-535,950-175,000-30,626-24,098-25,000-13,925-99,665
Financing Activities
Bank loans
Group/Directors Accounts-23-2,8041,521-2,2063,512
Other Short Term Loans -20,650-11,93528,0854,500
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities302,73746,004-43,004179,0681,897-1,680-7,2371,8238,129
share issue92,421
interest6,3606,7631,2818533230-439-623-1,645-1,423
cash flow from financing309,09752,767-41,723179,1531,930-1,450-7,2371,384-13,144-13,58026,639-2,8046,021-2,20695,933
cash and cash equivalents
cash-28,520-47,45924,223146,729-42,16846,725-1,4675,330-12,053-3,04313,2052,525-12,446-19,71935,018
overdraft-8,555-9,42916,8051,179
change in cash-28,520-47,45924,223146,729-42,16846,725-1,4675,330-12,053-3,04321,76011,954-29,251-20,89835,018

max automotive ltd 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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Max Automotive Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for max automotive ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in RG6 area or any other competitors across 12 key performance metrics.

max automotive ltd Ownership

MAX AUTOMOTIVE LTD group structure

Max Automotive Ltd has 2 subsidiary companies.

Ultimate parent company

1 parent

MAX AUTOMOTIVE LTD

04697390

2 subsidiaries

MAX AUTOMOTIVE LTD Shareholders

wwac automotive ltd 100%

max automotive ltd directors

Max Automotive Ltd currently has 2 directors. The longest serving directors include Mr Dipen Pattni (Oct 2019) and Mr Raman Kapur (Oct 2022).

officercountryagestartendrole
Mr Dipen PattniEngland55 years Oct 2019- Director
Mr Raman KapurEngland49 years Oct 2022- Director

P&L

March 2024

turnover

9.1k

-22%

operating profit

121.7k

0%

gross margin

26.8%

-2.42%

turnover

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

Balance Sheet

March 2024

net assets

343.6k

+0.39%

total assets

962k

+1.11%

cash

106.9k

-0.21%

net assets

Total assets minus all liabilities

max automotive ltd company details

company number

04697390

Type

Private limited with Share Capital

industry

45310 - Wholesale trade of motor vehicle parts and accessories

incorporation date

March 2003

age

22

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

max car parts ltd (September 2021)

ela u.k. limited (April 2017)

accountant

A S BIZ EMPIRE LTD

auditor

-

address

unit 49 sutton park avenue, earley, reading, RG6 1AZ

Bank

-

Legal Advisor

-

max automotive ltd 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 5 charges/mortgages relating to max automotive ltd. Currently there are 4 open charges and 1 have been satisfied in the past.

max automotive ltd 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 MAX AUTOMOTIVE LTD. This can take several minutes, an email will notify you when this has completed.

max automotive ltd Companies House Filings - See Documents

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