commercial spares & services limited
commercial spares & services limited Company Information
Company Number
04745687
Website
-Registered Address
ryelands lodge catton, swadlincote, derbyshire, DE12 8LW
Industry
Retail trade of motor vehicle parts and accessories
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
terry john palmer 62%
darren john fox 20%
View Allcommercial spares & services limited Estimated Valuation
Pomanda estimates the enterprise value of COMMERCIAL SPARES & SERVICES LIMITED at £144.1k based on a Turnover of £569.2k and 0.25x industry multiple (adjusted for size and gross margin).
commercial spares & services limited Estimated Valuation
Pomanda estimates the enterprise value of COMMERCIAL SPARES & SERVICES LIMITED at £0 based on an EBITDA of £-53.4k and a 3.46x industry multiple (adjusted for size and gross margin).
commercial spares & services limited Estimated Valuation
Pomanda estimates the enterprise value of COMMERCIAL SPARES & SERVICES LIMITED at £301k based on Net Assets of £106.2k and 2.84x industry multiple (adjusted for liquidity).
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Commercial Spares & Services Limited Overview
Commercial Spares & Services Limited is a dissolved company that was located in derbyshire, DE12 8LW with a Companies House number of 04745687. It operated in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in April 2003, it's largest shareholder was terry john palmer with a 62% stake. The last turnover for Commercial Spares & Services Limited was estimated at £569.2k.
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Commercial Spares & Services Limited Health Check
Pomanda's financial health check has awarded Commercial Spares & Services Limited a 3 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 £569.2k, make it smaller than the average company (£1.1m)
- Commercial Spares & Services Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (4.8%)
- Commercial Spares & Services Limited
4.8% - Industry AVG
Production
with a gross margin of 20.3%, this company has a higher cost of product (34.6%)
- Commercial Spares & Services Limited
34.6% - Industry AVG
Profitability
an operating margin of -9.4% make it less profitable than the average company (4.3%)
- Commercial Spares & Services Limited
4.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (59)
- Commercial Spares & Services Limited
59 - Industry AVG
Pay Structure
on an average salary of £24.7k, the company has an equivalent pay structure (£24.7k)
- Commercial Spares & Services Limited
£24.7k - Industry AVG
Efficiency
resulting in sales per employee of £189.7k, this is more efficient (£111.5k)
- Commercial Spares & Services Limited
£111.5k - Industry AVG
Debtor Days
it gets paid by customers after 125 days, this is later than average (39 days)
- Commercial Spares & Services Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (51 days)
- Commercial Spares & Services Limited
51 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Commercial Spares & Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Commercial Spares & Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.2%, this is a lower level of debt than the average (67.2%)
51.2% - Commercial Spares & Services Limited
67.2% - Industry AVG
COMMERCIAL SPARES & SERVICES LIMITED financials
Commercial Spares & Services Limited's latest turnover from March 2018 is estimated at £569.2 thousand and the company has net assets of £106.2 thousand. According to their latest financial statements, we estimate that Commercial Spares & Services Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 21,583 | 43,057 | 31,859 | 23,840 | 25,846 | 17,836 | 2,075 | 4,419 | 184,042 |
| Intangible Assets | 0 | 0 | 40,500 | 63,000 | 85,500 | 108,000 | 130,500 | 153,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 21,583 | 43,057 | 72,359 | 86,840 | 111,346 | 125,836 | 132,575 | 157,419 | 184,042 |
| Stock & work in progress | 0 | 0 | 88,600 | 62,900 | 54,700 | 46,550 | 49,250 | 47,750 | 44,750 |
| Trade Debtors | 195,805 | 239,684 | 111,029 | 162,510 | 219,499 | 182,491 | 107,872 | 100,407 | 110,920 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 9,657 | 81,724 | 141,784 | 134,163 | 145,866 | 146,559 | 138,610 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 195,805 | 239,684 | 209,286 | 307,134 | 415,983 | 363,204 | 302,988 | 294,716 | 294,280 |
| total assets | 217,388 | 282,741 | 281,645 | 393,974 | 527,329 | 489,040 | 435,563 | 452,135 | 478,322 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 86,807 | 90,489 | 84,277 | 154,822 | 269,913 | 231,984 | 162,405 | 163,006 | 191,803 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 86,807 | 90,489 | 84,277 | 154,822 | 269,913 | 231,984 | 162,405 | 163,006 | 191,803 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 24,422 | 32,674 | 43,753 | 15,000 | 35,000 | 55,000 | 75,000 | 95,000 | 95,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 24,422 | 32,674 | 43,753 | 15,000 | 35,000 | 55,000 | 75,000 | 95,000 | 95,000 |
| total liabilities | 111,229 | 123,163 | 128,030 | 169,822 | 304,913 | 286,984 | 237,405 | 258,006 | 286,803 |
| net assets | 106,159 | 159,578 | 153,615 | 224,152 | 222,416 | 202,056 | 198,158 | 194,129 | 191,519 |
| total shareholders funds | 106,159 | 159,578 | 153,615 | 224,152 | 222,416 | 202,056 | 198,158 | 194,129 | 191,519 |
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 8,226 | 6,916 | 7,737 | 5,764 | 2,344 | 30,729 | 0 | ||
| Amortisation | 22,500 | 22,500 | 22,500 | 22,500 | 22,500 | 0 | 0 | ||
| Tax | |||||||||
| Stock | 0 | -88,600 | 25,700 | 8,200 | 8,150 | -2,700 | 1,500 | 3,000 | 44,750 |
| Debtors | -43,879 | 128,655 | -51,481 | -56,989 | 37,008 | 74,619 | 7,465 | -10,513 | 110,920 |
| Creditors | -3,682 | 6,212 | -70,545 | -115,091 | 37,929 | 69,579 | -601 | -28,797 | 191,803 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -8,252 | -11,079 | 28,753 | -20,000 | -20,000 | -20,000 | -20,000 | 0 | 95,000 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | -9,657 | -72,067 | -60,060 | 7,621 | -11,703 | -693 | 7,949 | 138,610 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -9,657 | -72,067 | -60,060 | 7,621 | -11,703 | -693 | 7,949 | 138,610 |
commercial spares & services limited Credit Report and Business Information
Commercial Spares & Services Limited Competitor Analysis
Perform a competitor analysis for commercial spares & services limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in DE12 area or any other competitors across 12 key performance metrics.
commercial spares & services limited Ownership
COMMERCIAL SPARES & SERVICES LIMITED group structure
Commercial Spares & Services Limited has no subsidiary companies.
Ultimate parent company
COMMERCIAL SPARES & SERVICES LIMITED
04745687
commercial spares & services limited directors
Commercial Spares & Services Limited currently has 3 directors. The longest serving directors include Mr Darren Fox (Dec 2005) and Mr Terry Palmer (Dec 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darren Fox | 48 years | Dec 2005 | - | Director | |
| Mr Terry Palmer | England | 63 years | Dec 2005 | - | Director |
| Mrs Tracy Palmer | England | 58 years | Feb 2018 | - | Director |
P&L
March 2018turnover
569.2k
-22%
operating profit
-53.4k
0%
gross margin
20.3%
+1.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2018net assets
106.2k
-0.33%
total assets
217.4k
-0.23%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
commercial spares & services limited company details
company number
04745687
Type
Private limited with Share Capital
industry
45320 - Retail trade of motor vehicle parts and accessories
incorporation date
April 2003
age
21
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2018
previous names
N/A
accountant
-
auditor
-
address
ryelands lodge catton, swadlincote, derbyshire, DE12 8LW
Bank
-
Legal Advisor
-
commercial spares & services 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 commercial spares & services limited.
commercial spares & services limited Companies House Filings - See Documents
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