assured vehicle rental ltd

5

assured vehicle rental ltd Company Information

Share ASSURED VEHICLE RENTAL LTD
Live 
MatureMidHigh

Company Number

04900913

Registered Address

g.06 grosvenor house, central park, telford, TF2 9TW

Industry

Renting and leasing of cars and light motor vehicles

 

Telephone

01952951900

Next Accounts Due

June 2024

Group Structure

View All

Directors

Dale Williams5 Years

Lorraine Williams4 Years

View All

Shareholders

assured vehicle rental (holdings) limited 100%

assured vehicle rental ltd Estimated Valuation

£12.4m

Pomanda estimates the enterprise value of ASSURED VEHICLE RENTAL LTD at £12.4m based on a Turnover of £11.9m and 1.04x industry multiple (adjusted for size and gross margin).

assured vehicle rental ltd Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of ASSURED VEHICLE RENTAL LTD at £1.7m based on an EBITDA of £511.1k and a 3.31x industry multiple (adjusted for size and gross margin).

assured vehicle rental ltd Estimated Valuation

£6.5m

Pomanda estimates the enterprise value of ASSURED VEHICLE RENTAL LTD at £6.5m based on Net Assets of £3.2m and 2.03x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from September 2022 

Assured Vehicle Rental Ltd AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Assured Vehicle Rental Ltd Overview

Assured Vehicle Rental Ltd is a live company located in telford, TF2 9TW with a Companies House number of 04900913. It operates in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in September 2003, it's largest shareholder is assured vehicle rental (holdings) limited with a 100% stake. Assured Vehicle Rental Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £11.9m with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Assured Vehicle Rental Ltd Health Check

Pomanda's financial health check has awarded Assured Vehicle Rental Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £11.9m, make it larger than the average company (£6.1m)

£11.9m - Assured Vehicle Rental Ltd

£6.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (3.8%)

29% - Assured Vehicle Rental Ltd

3.8% - Industry AVG

production

Production

with a gross margin of 30.9%, this company has a comparable cost of product (30.9%)

30.9% - Assured Vehicle Rental Ltd

30.9% - Industry AVG

profitability

Profitability

an operating margin of 4.3% make it less profitable than the average company (13%)

4.3% - Assured Vehicle Rental Ltd

13% - Industry AVG

employees

Employees

with 19 employees, this is below the industry average (32)

19 - Assured Vehicle Rental Ltd

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)

£39.8k - Assured Vehicle Rental Ltd

£39.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £627.7k, this is more efficient (£254.6k)

£627.7k - Assured Vehicle Rental Ltd

£254.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 53 days, this is later than average (41 days)

53 days - Assured Vehicle Rental Ltd

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 73 days, this is slower than average (29 days)

73 days - Assured Vehicle Rental Ltd

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Assured Vehicle Rental Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (6 weeks)

37 weeks - Assured Vehicle Rental Ltd

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 39%, this is a lower level of debt than the average (78.3%)

39% - Assured Vehicle Rental Ltd

78.3% - Industry AVG

assured vehicle rental ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for assured vehicle rental ltd. Get real-time insights into assured vehicle rental ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Assured Vehicle Rental Ltd Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for assured vehicle rental ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

assured vehicle rental ltd Ownership

ASSURED VEHICLE RENTAL LTD group structure

Assured Vehicle Rental Ltd has 1 subsidiary company.

Ultimate parent company

1 parent

ASSURED VEHICLE RENTAL LTD

04900913

1 subsidiary

ASSURED VEHICLE RENTAL LTD Shareholders

assured vehicle rental (holdings) limited 100%

assured vehicle rental ltd directors

Assured Vehicle Rental Ltd currently has 3 directors. The longest serving directors include Mr Dale Williams (Oct 2018) and Mrs Lorraine Williams (Jul 2019).

officercountryagestartendrole
Mr Dale WilliamsUnited Kingdom36 years Oct 2018- Director
Mrs Lorraine WilliamsEngland60 years Jul 2019- Director
Mrs Lauren RussellEngland33 years Jun 2022- Director

ASSURED VEHICLE RENTAL LTD financials

EXPORTms excel logo

Assured Vehicle Rental Ltd's latest turnover from September 2022 is estimated at £11.9 million and the company has net assets of £3.2 million. According to their latest financial statements, Assured Vehicle Rental Ltd has 19 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Jun 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover11,926,2917,031,5006,718,3865,588,9068,024,2905,755,0045,687,4106,680,8507,819,5313,663,0903,757,2723,426,1443,705,5492,986,2150
Other Income Or Grants000000000000000
Cost Of Sales8,239,6185,334,1875,118,2613,982,7575,789,6714,015,2663,955,1314,780,7535,574,0162,517,3842,654,7562,432,3972,563,6252,075,0960
Gross Profit3,686,6731,697,3141,600,1251,606,1492,234,6191,739,7381,732,2791,900,0972,245,5151,145,7061,102,517993,7471,141,924911,1190
Admin Expenses3,179,6191,599,5231,081,5231,867,5981,711,0291,169,6431,309,8931,113,9341,721,205906,930931,1881,343,877926,255790,093-238,705
Operating Profit507,05497,791518,602-261,449523,590570,095422,386786,163524,310238,776171,329-350,130215,669121,026238,705
Interest Payable0383383000000000000
Interest Receivable21,9296397264,4803,0525391,8895,4312,8428817289021,209609179
Pre-Tax Profit528,98498,048518,946-256,969526,642570,633424,275791,594527,152239,657172,057-349,228216,878121,635238,883
Tax-100,507-18,629-98,6000-100,062-108,420-84,855-158,319-110,702-55,121-39,5730-56,388-34,058-66,887
Profit After Tax428,47779,419420,346-256,969426,580462,213339,420633,275416,450184,536132,484-349,228160,49087,577171,996
Dividends Paid000000000000000
Retained Profit428,47779,419420,346-256,969426,580462,213339,420633,275416,450184,536132,484-349,228160,49087,577171,996
Employee Costs757,129475,655470,041476,562426,324409,585336,854800,1291,013,291383,733435,000353,508470,884371,2230
Number Of Employees19141414131210253213151216120
EBITDA*511,08392,365521,661-257,454526,196578,486428,441789,648529,725242,742179,501-338,008227,378123,805240,858

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Jun 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets25,4302,59610,62013,6798,28910,89519,28613,0574,77125,3529,43817,61026,0621,2862,188
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets25,4302,59610,62013,6798,28910,89519,28613,0574,77125,3529,43817,61026,0621,2862,188
Stock & work in progress000000000000000
Trade Debtors1,749,0151,128,868882,983716,8351,314,333967,698922,003746,610942,588447,374446,299440,321483,414387,068391,729
Group Debtors1,872,0882,148,9082,187,6551,924,9041,925,0271,749,6541,462,35600000000
Misc Debtors121,86289,23552,851158,95068,10560,21520,5630000052,44932,04937,644
Cash1,483,430465,856812,739639,643554,963258,840172,1021,338,851833,467303,322241,86149,240311,607172,04771,451
misc current assets000000000010,3513,100000
total current assets5,226,3953,832,8673,936,2283,440,3323,862,4283,036,4072,577,0242,085,4611,776,055750,696698,511492,661847,470591,164500,824
total assets5,251,8253,835,4633,946,8483,454,0113,870,7173,047,3022,596,3102,098,5181,780,826776,048707,949510,271873,532592,450503,012
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1,648,990831,137878,4301,013,5241,078,998715,938752,935780,3061,108,342503,561497,042432,370444,314332,364330,503
Group/Directors Accounts000012812812800000000
other short term finances000000000000000
hp & lease commitments002,2682,2684,7174,3074,30700000000
other current liabilities398,003227,971351,079152,526253,315217,353188,33100000000
total current liabilities2,046,9931,059,1081,231,7771,168,3181,337,158937,726945,701780,3061,108,342503,561497,042432,370444,314332,364330,503
loans0012,541000000000000
hp & lease commitments005,5949,10302,5975,84300000000
Accruals and Deferred Income000000000000000
other liabilities000000012,86641317,0167,4886,9669,05500
provisions0000000000000413413
total long term liabilities0018,1359,10302,5975,84312,86641317,0167,4886,9669,055413413
total liabilities2,046,9931,059,1081,249,9121,177,4211,337,158940,323951,544793,1721,108,755520,577504,530439,336453,369332,777330,916
net assets3,204,8322,776,3552,696,9362,276,5902,533,5592,106,9791,644,7661,305,346672,071255,471203,41970,935420,163259,673172,096
total shareholders funds3,204,8322,776,3552,696,9362,276,5902,533,5592,106,9791,644,7661,305,346672,071255,471203,41970,935420,163259,673172,096
Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Jun 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit507,05497,791518,602-261,449523,590570,095422,386786,163524,310238,776171,329-350,130215,669121,026238,705
Depreciation4,029-5,4263,0593,9952,6068,3916,0553,4855,4153,9668,17212,12211,7092,7792,153
Amortisation000000000000000
Tax-100,507-18,629-98,6000-100,062-108,420-84,855-158,319-110,702-55,121-39,5730-56,388-34,058-66,887
Stock000000000000000
Debtors375,954243,522322,800-506,776529,898372,6451,658,312-195,978495,2147,0535,978-95,542116,746-10,256429,373
Creditors817,853-47,293-135,094-65,474363,060-36,997-27,371-328,036604,78171,19164,672-11,944111,9501,861330,503
Accruals and Deferred Income170,032-123,108198,553-100,78935,96229,022188,33100000000
Deferred Taxes & Provisions000000000000-4130413
Cash flow from operations1,022,507-340,187163,72083,059295,25889,446-1,153,766499,271528,590251,759198,622-254,410165,781101,86475,514
Investing Activities
capital expenditure-26,86313,4500-9,38500-12,284-11,77115,166-11,7080-3,670-36,485-1,877-4,341
Change in Investments000000000000000
cash flow from investments-26,86313,4500-9,38500-12,284-11,77115,166-11,7080-3,670-36,485-1,877-4,341
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000-1280012800000000
Other Short Term Loans 000000000000000
Long term loans0-12,54112,541000000000000
Hire Purchase and Lease Commitments0-7,862-3,5096,654-2,187-3,24610,15000000000
other long term liabilities000000-12,86612,453-16,60310,050522-2,0899,05500
share issue0000000015000000100
interest21,9292563434,4803,0525391,8895,4312,8428817289021,209609179
cash flow from financing21,929-20,1479,37511,006865-2,707-69917,884-13,61110,9311,250-1,18710,264609279
cash and cash equivalents
cash1,017,574-346,883173,09684,680296,12386,738-1,166,749505,384530,145254,082192,621-262,367139,560100,59671,451
overdraft000000000000000
change in cash1,017,574-346,883173,09684,680296,12386,738-1,166,749505,384530,145254,082192,621-262,367139,560100,59671,451

P&L

September 2022

turnover

11.9m

+70%

operating profit

507.1k

0%

gross margin

31%

+28.06%

turnover

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

Balance Sheet

September 2022

net assets

3.2m

+0.15%

total assets

5.3m

+0.37%

cash

1.5m

+2.18%

net assets

Total assets minus all liabilities

assured vehicle rental ltd company details

company number

04900913

Type

Private limited with Share Capital

industry

77110 - Renting and leasing of cars and light motor vehicles

incorporation date

September 2003

age

21

accounts

Total Exemption Full

previous names

N/A

incorporated

UK

address

g.06 grosvenor house, central park, telford, TF2 9TW

last accounts submitted

September 2022

assured vehicle rental 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 3 charges/mortgages relating to assured vehicle rental ltd. Currently there are 3 open charges and 0 have been satisfied in the past.

charges

assured vehicle rental ltd Companies House Filings - See Documents

datedescriptionview/download