firstcar limited

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firstcar limited Company Information

Share FIRSTCAR LIMITED

Company Number

05032747

Directors

James Evans

Richard Storrs

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Shareholders

firstcar holdings limited

Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

ashcombe court woolsack way, godalming, surrey, GU7 1LQ

firstcar limited Estimated Valuation

£197.6k

Pomanda estimates the enterprise value of FIRSTCAR LIMITED at £197.6k based on a Turnover of £393.9k and 0.5x industry multiple (adjusted for size and gross margin).

firstcar limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FIRSTCAR LIMITED at £0 based on an EBITDA of £-19k and a 3.59x industry multiple (adjusted for size and gross margin).

firstcar limited Estimated Valuation

£13.3k

Pomanda estimates the enterprise value of FIRSTCAR LIMITED at £13.3k based on Net Assets of £5.6k and 2.37x industry multiple (adjusted for liquidity).

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Firstcar Limited Overview

Firstcar Limited is a live company located in surrey, GU7 1LQ with a Companies House number of 05032747. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2004, it's largest shareholder is firstcar holdings limited with a 100% stake. Firstcar Limited is a mature, micro sized company, Pomanda has estimated its turnover at £393.9k with declining growth in recent years.

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Firstcar Limited Health Check

Pomanda's financial health check has awarded Firstcar Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £393.9k, make it smaller than the average company (£4.8m)

£393.9k - Firstcar Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (6.6%)

-15% - Firstcar Limited

6.6% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Firstcar Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of -6.3% make it less profitable than the average company (5.7%)

-6.3% - Firstcar Limited

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (27)

2 - Firstcar Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £54k, the company has an equivalent pay structure (£54k)

£54k - Firstcar Limited

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £197k, this is more efficient (£170.9k)

£197k - Firstcar Limited

£170.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is earlier than average (41 days)

32 days - Firstcar Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 123 days, this is slower than average (32 days)

123 days - Firstcar Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Firstcar Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (22 weeks)

26 weeks - Firstcar Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.3%, this is a higher level of debt than the average (62.6%)

95.3% - Firstcar Limited

62.6% - Industry AVG

FIRSTCAR LIMITED financials

EXPORTms excel logo

Firstcar Limited's latest turnover from December 2023 is estimated at £393.9 thousand and the company has net assets of £5.6 thousand. According to their latest financial statements, Firstcar Limited has 2 employees and maintains cash reserves of £50.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover393,926499,123986,961640,443973,0341,018,603863,610869,716827,869748,149321,481219,391299,008267,376
Other Income Or Grants
Cost Of Sales243,545308,332619,224402,441607,235639,336540,324540,102526,816483,948209,617140,630187,380163,504
Gross Profit150,380190,791367,737238,002365,800379,267323,286329,614301,053264,201111,86478,762111,628103,872
Admin Expenses175,340160,502382,898268,385389,970399,757261,717323,774269,591262,205121,07664,649105,57345,31874,141
Operating Profit-24,96030,289-15,161-30,383-24,170-20,49061,5695,84031,4621,996-9,21214,1136,05558,554-74,141
Interest Payable3,3633,7682,9531,5255332834582
Interest Receivable2,2011,301781324444
Pre-Tax Profit-26,12127,822-18,036-31,895-24,146-20,53961,2415,49531,3801,996-9,20814,1176,05558,554-74,141
Tax-5,286-11,636-1,099-6,276-419-3,388-1,574-16,395
Profit After Tax-26,12122,536-18,036-31,895-24,146-20,53949,6054,39625,1041,577-9,20810,7294,48142,159-74,141
Dividends Paid
Retained Profit-26,12122,536-18,036-31,895-24,146-20,53949,6054,39625,1041,577-9,20810,7294,48142,159-74,141
Employee Costs108,009102,633146,281139,130183,880309,806293,769294,48241,638249,337123,40980,170118,77576,950
Number Of Employees22334777163232
EBITDA*-19,00536,0594,983-10,332-5,409-13,49887,7616,14332,2448,279-5,62114,8506,86560,201-65,693

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets8771,4053161,7943,9441,50992522921,84324,10512,6771,0662,283917
Intangible Assets17,07711,46316,70527,15541,49345,22950,255
Investments & Other6011011011065,49247,820
Debtors (Due After 1 year)10,9396,9097,817
Total Fixed Assets28,01612,34018,11027,53143,39749,28351,87466,41748,04928,75231,92212,6771,0662,283917
Stock & work in progress
Trade Debtors35,48776,670150,960138,811113,513165,343131,709163,627184,38396,03038,55535,05046,83042,15624,066
Group Debtors2,1452,1452,1452,14523,841
Misc Debtors1,78825,44728,44656,86187,36656,11458,41830,11544,996
Cash50,79033,06841,28121,1285,2841,1051,504
misc current assets
total current assets90,210137,330222,832218,945230,004222,562190,127193,742229,37996,03038,55536,55446,83042,15624,066
total assets118,226149,670240,942246,476273,401271,845242,001260,159277,428124,78270,47749,23147,89644,43924,983
Bank overdraft1,5778,5302,520
Bank loan10,1409,8909,6466,667
Trade Creditors 82,10573,965184,67312,380210,86286,08068,4087,88680,78696,88443,96016,90326,29727,32150,024
Group/Directors Accounts14,056
other short term finances
hp & lease commitments
other current liabilities5,5749,1472,600156,8743,422102,50268,214189,546127,010
total current liabilities97,81993,002196,919175,921214,284188,582138,199205,962224,37296,88443,96016,90326,29727,32150,024
loans14,80624,94634,83743,333
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions3,2553,2013,397
total long term liabilities14,80624,94634,83743,3333,2553,2013,397
total liabilities112,625117,948231,756219,254214,284188,582138,199205,962227,627100,08547,35716,90326,29727,32150,024
net assets5,60131,7229,18627,22259,11783,263103,80254,19749,80124,69723,12032,32821,59917,118-25,041
total shareholders funds5,60131,7229,18627,22259,11783,263103,80254,19749,80124,69723,12032,32821,59917,118-25,041
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-24,96030,289-15,161-30,383-24,170-20,49061,5695,84031,4621,996-9,21214,1136,05558,554-74,141
Depreciation5295284941,4782,1501,9661,0653037826,2833,5917378101,6478,448
Amortisation5,4265,24219,65018,57316,6115,02625,127
Tax-5,286-11,636-1,099-6,276-419-3,388-1,574-16,395
Stock
Debtors-53,903-77,289-16,266-26,9033,26331,330-3,615-35,637126,44056,56711,322-11,7804,67418,09024,066
Creditors8,140-110,708172,293-198,482124,78217,67260,522-72,900-16,09852,92427,057-9,394-1,024-22,70350,024
Accruals and Deferred Income-3,5736,547-154,274153,452-99,08034,288-121,33262,536127,010
Deferred Taxes & Provisions-3,25554-1963,397
Cash flow from operations39,4653,90139,268-28,45917,0307,13218,93027,06210,4944,02113,51113,848-4073,013-39,735
Investing Activities
capital expenditure-10,692-10,783-4,235-12,875-4,401-77,031-99920,832-4,021-15,019-12,348407-3,013-9,365
Change in Investments-60-50-65,38217,67247,820
cash flow from investments-10,692-10,723-4,185-12,875-4,401-11,649-18,671-26,988-4,021-15,019-12,348407-3,013-9,365
Financing Activities
Bank loans2502442,9796,667
Group/Directors Accounts-14,05614,056
Other Short Term Loans
Long term loans-10,140-9,891-8,49643,333
Hire Purchase and Lease Commitments
other long term liabilities
share issue49,100
interest-1,162-2,467-2,875-1,51224-49-328-345-8244
cash flow from financing-11,052-12,114-8,39248,48824-49-328-14,40113,9744449,100
cash and cash equivalents
cash17,722-8,21320,15315,8444,1791,105-1,5041,504
overdraft-1,577-6,9536,0102,520
change in cash17,722-8,21320,15315,8444,1792,6826,953-6,010-2,520-1,5041,504

firstcar limited 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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Firstcar Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for firstcar limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in GU7 area or any other competitors across 12 key performance metrics.

firstcar limited Ownership

FIRSTCAR LIMITED group structure

Firstcar Limited has 1 subsidiary company.

Ultimate parent company

1 parent

FIRSTCAR LIMITED

05032747

1 subsidiary

FIRSTCAR LIMITED Shareholders

firstcar holdings limited 100%

firstcar limited directors

Firstcar Limited currently has 3 directors. The longest serving directors include Mr James Evans (Feb 2004) and Mr Richard Storrs (Dec 2015).

officercountryagestartendrole
Mr James EvansUnited Kingdom41 years Feb 2004- Director
Mr Richard StorrsUnited Kingdom49 years Dec 2015- Director
Mr Richard StorrsEngland49 years Dec 2015- Director

P&L

December 2023

turnover

393.9k

-21%

operating profit

-25k

0%

gross margin

38.2%

-0.13%

turnover

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

Balance Sheet

December 2023

net assets

5.6k

-0.82%

total assets

118.2k

-0.21%

cash

50.8k

+0.54%

net assets

Total assets minus all liabilities

firstcar limited company details

company number

05032747

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

February 2004

age

21

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

ashcombe court woolsack way, godalming, surrey, GU7 1LQ

Bank

-

Legal Advisor

-

firstcar 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 found 3 charges/mortgages relating to firstcar limited. Currently there are 2 open charges and 1 have been satisfied in the past.

firstcar limited 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 FIRSTCAR LIMITED. This can take several minutes, an email will notify you when this has completed.

firstcar limited Companies House Filings - See Documents

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