kings norton garage ltd

kings norton garage ltd Company Information

Share KINGS NORTON GARAGE LTD
Live 
MatureMicroDeclining

Company Number

05014216

Industry

Wholesale trade of motor vehicle parts and accessories

 

Maintenance and repair of motor vehicles

 

Shareholders

nigel whiten

peter gladstone

Group Structure

View All

Contact

Registered Address

unit 4 eckersall road, kings norton, birmingham, west midlands, B38 8SS

kings norton garage ltd Estimated Valuation

£43.4k

Pomanda estimates the enterprise value of KINGS NORTON GARAGE LTD at £43.4k based on a Turnover of £191k and 0.23x industry multiple (adjusted for size and gross margin).

kings norton garage ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of KINGS NORTON GARAGE LTD at £0 based on an EBITDA of £-2.9k and a 2.73x industry multiple (adjusted for size and gross margin).

kings norton garage ltd Estimated Valuation

£235.3k

Pomanda estimates the enterprise value of KINGS NORTON GARAGE LTD at £235.3k based on Net Assets of £85.7k and 2.75x industry multiple (adjusted for liquidity).

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Kings Norton Garage Ltd Overview

Kings Norton Garage Ltd is a live company located in birmingham, B38 8SS with a Companies House number of 05014216. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in January 2004, it's largest shareholder is nigel whiten with a 50% stake. Kings Norton Garage Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £191k with declining growth in recent years.

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Kings Norton Garage Ltd Health Check

Pomanda's financial health check has awarded Kings Norton Garage Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £191k, make it smaller than the average company (£9.1m)

£191k - Kings Norton Garage Ltd

£9.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (11.8%)

-1% - Kings Norton Garage Ltd

11.8% - Industry AVG

production

Production

with a gross margin of 19.2%, this company has a higher cost of product (31.2%)

19.2% - Kings Norton Garage Ltd

31.2% - Industry AVG

profitability

Profitability

an operating margin of -1.5% make it less profitable than the average company (5.7%)

-1.5% - Kings Norton Garage Ltd

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (29)

2 - Kings Norton Garage Ltd

29 - Industry AVG

paystructure

Pay Structure

on an average salary of £34k, the company has an equivalent pay structure (£34k)

£34k - Kings Norton Garage Ltd

£34k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £95.5k, this is less efficient (£206.7k)

£95.5k - Kings Norton Garage Ltd

£206.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 77 days, this is later than average (42 days)

77 days - Kings Norton Garage Ltd

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 82 days, this is slower than average (43 days)

82 days - Kings Norton Garage Ltd

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Kings Norton Garage Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Kings Norton Garage Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29%, this is a lower level of debt than the average (58.2%)

29% - Kings Norton Garage Ltd

58.2% - Industry AVG

KINGS NORTON GARAGE LTD financials

EXPORTms excel logo

Kings Norton Garage Ltd's latest turnover from March 2024 is estimated at £191 thousand and the company has net assets of £85.7 thousand. According to their latest financial statements, Kings Norton Garage Ltd has 2 employees and maintains cash reserves of 0 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
Turnover191,010187,214194,341198,075176,959182,385126,17849,81153,17235,18139,99038,36342,35646,67162,208
Other Income Or Grants000000000000000
Cost Of Sales154,279151,845159,630160,749141,934144,10497,77338,42740,53426,96430,59129,48231,95534,89946,666
Gross Profit36,73035,37034,71137,32735,02538,28128,40411,38412,6398,2179,3998,88110,40111,77215,542
Admin Expenses39,61540,09633,90922,74731,89723,61211,1321,512-8,4265,66920-5,5178995,4257,993
Operating Profit-2,885-4,72680214,5803,12814,66917,2729,87221,0652,5489,37914,3989,5026,3477,549
Interest Payable00000003427598268872,0063,3503,1831,375
Interest Receivable000000111100000
Pre-Tax Profit-2,885-4,72680214,5803,12814,66917,2739,53120,3081,7238,49212,3926,1533,1646,174
Tax00-152-2,770-594-2,787-3,282-1,906-4,061-362-1,953-2,974-1,600-886-1,729
Profit After Tax-2,885-4,72665011,8102,53411,88213,9917,62516,2461,3616,5399,4184,5532,2784,445
Dividends Paid000000000000000
Retained Profit-2,885-4,72665011,8102,53411,88213,9917,62516,2461,3616,5399,4184,5532,2784,445
Employee Costs67,96361,87361,22559,22060,24059,83928,81828,56827,54726,95826,99926,91825,75325,61425,099
Number Of Employees222222111111111
EBITDA*-2,885-4,72680214,5803,12814,66917,2729,87224,1573,68510,55915,63210,80411,04312,379

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets79,95081,63683,50285,59487,96890,69592,47189,47492,33186,42187,55888,73889,97291,27495,090
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets79,95081,63683,50285,59487,96890,69592,47189,47492,33186,42187,55888,73889,97291,27495,090
Stock & work in progress00000001,8901,7801,9421,8221,9421,6371,3501,500
Trade Debtors40,79343,43646,49348,69433,73435,91120,8381,8153,2146552,8251,6041,5413,4391,335
Group Debtors000000000000000
Misc Debtors000000000000000
Cash00000003021271834029000
misc current assets000000000000000
total current assets40,79343,43646,49348,69433,73435,91120,8384,0075,1212,7804,6873,5753,1784,7892,835
total assets120,743125,072129,995134,288121,702126,606113,30993,48197,45289,20192,24592,31393,15096,06397,925
Bank overdraft0000000010,93512,40413,01514,27514,39617,8800
Bank loan000000000000000
Trade Creditors 35,02236,46636,66341,60640,83048,26846,85340,91641,57730,52528,63829,03734,33933,61151,074
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities35,02236,46636,66341,60640,83048,26846,85340,91652,51242,92941,65343,31248,73551,49151,074
loans00000000000033,03937,74942,306
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000000017,57823,25928,207000
provisions000000000000000
total long term liabilities00000000017,57823,25928,20733,03937,74942,306
total liabilities35,02236,46636,66341,60640,83048,26846,85340,91652,51260,50764,91271,51981,77489,24093,380
net assets85,72188,60693,33292,68280,87278,33866,45652,56544,94028,69427,33320,79411,3766,8234,545
total shareholders funds85,72188,60693,33292,68280,87278,33866,45652,56544,94028,69427,33320,79411,3766,8234,545
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-2,885-4,72680214,5803,12814,66917,2729,87221,0652,5489,37914,3989,5026,3477,549
Depreciation000000003,0921,1371,1801,2341,3024,6964,830
Amortisation000000000000000
Tax00-152-2,770-594-2,787-3,282-1,906-4,061-362-1,953-2,974-1,600-886-1,729
Stock000000-1,890110-162120-120305287-1501,500
Debtors-2,643-3,057-2,20114,960-2,17715,07319,023-1,3992,559-2,1701,22163-1,8982,1041,335
Creditors-1,444-197-4,943776-7,4381,4155,937-66111,0521,887-399-5,302728-17,46351,074
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-1,686-1,866-2,092-2,374-2,727-1,7762,7948,59428,7517,2607,1066,98811,543-9,26058,889
Investing Activities
capital expenditure1,6861,8662,0922,3742,7271,776-2,9972,857-9,0020000-880-99,920
Change in Investments000000000000000
cash flow from investments1,6861,8662,0922,3742,7271,776-2,9972,857-9,0020000-880-99,920
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans00000000000-33,039-4,710-4,55742,306
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000000-17,578-5,681-4,94828,207000
share issue000000-1000000000100
interest0000001-341-758-825-887-2,006-3,350-3,183-1,375
cash flow from financing000000-99-341-18,336-6,506-5,835-6,838-8,060-7,74041,031
cash and cash equivalents
cash000000-302175-561431129000
overdraft0000000-10,935-1,469-611-1,260-121-3,48417,8800
change in cash000000-30211,1101,4137541,2711503,484-17,8800

kings norton garage 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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Kings Norton Garage Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for kings norton garage 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 B38 area or any other competitors across 12 key performance metrics.

kings norton garage ltd Ownership

KINGS NORTON GARAGE LTD group structure

Kings Norton Garage Ltd has no subsidiary companies.

Ultimate parent company

KINGS NORTON GARAGE LTD

05014216

KINGS NORTON GARAGE LTD Shareholders

nigel whiten 50%
peter gladstone 50%

kings norton garage ltd directors

Kings Norton Garage Ltd currently has 2 directors. The longest serving directors include Mr Nigel Whiten (Jan 2004) and Mr Peter Gladstone (Jan 2004).

officercountryagestartendrole
Mr Nigel WhitenEngland60 years Jan 2004- Director
Mr Peter Gladstone74 years Jan 2004- Director

P&L

March 2024

turnover

191k

+2%

operating profit

-2.9k

0%

gross margin

19.3%

+1.78%

turnover

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

Balance Sheet

March 2024

net assets

85.7k

-0.03%

total assets

120.7k

-0.03%

cash

0

0%

net assets

Total assets minus all liabilities

kings norton garage ltd company details

company number

05014216

Type

Private limited with Share Capital

industry

45310 - Wholesale trade of motor vehicle parts and accessories

45200 - Maintenance and repair of motor vehicles

incorporation date

January 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

unit 4 eckersall road, kings norton, birmingham, west midlands, B38 8SS

Bank

-

Legal Advisor

-

kings norton garage 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 1 charges/mortgages relating to kings norton garage ltd. Currently there are 0 open charges and 1 have been satisfied in the past.

kings norton garage 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 KINGS NORTON GARAGE LTD. This can take several minutes, an email will notify you when this has completed.

kings norton garage ltd Companies House Filings - See Documents

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