stort mill garage limited
stort mill garage limited Company Information
Company Number
05112824
Next Accounts
Feb 2025
Industry
Maintenance and repair of motor vehicles
Shareholders
laura jessica longmore
jason adam longmore
Group Structure
View All
Contact
Registered Address
unit 2 station road, braughing, ware, hertfordshire, SG11 2PB
Website
-stort mill garage limited Estimated Valuation
Pomanda estimates the enterprise value of STORT MILL GARAGE LIMITED at £795.5k based on a Turnover of £2.6m and 0.3x industry multiple (adjusted for size and gross margin).
stort mill garage limited Estimated Valuation
Pomanda estimates the enterprise value of STORT MILL GARAGE LIMITED at £3.9m based on an EBITDA of £995.4k and a 3.96x industry multiple (adjusted for size and gross margin).
stort mill garage limited Estimated Valuation
Pomanda estimates the enterprise value of STORT MILL GARAGE LIMITED at £9.7m based on Net Assets of £3.1m and 3.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Stort Mill Garage Limited Overview
Stort Mill Garage Limited is a live company located in ware, SG11 2PB with a Companies House number of 05112824. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in April 2004, it's largest shareholder is laura jessica longmore with a 60% stake. Stort Mill Garage Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.6m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Stort Mill Garage Limited Health Check
Pomanda's financial health check has awarded Stort Mill Garage Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £2.6m, make it larger than the average company (£387.2k)
- Stort Mill Garage Limited
£387.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.4%)
- Stort Mill Garage Limited
6.4% - Industry AVG
Production
with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)
- Stort Mill Garage Limited
36.1% - Industry AVG
Profitability
an operating margin of 31.3% make it more profitable than the average company (5.8%)
- Stort Mill Garage Limited
5.8% - Industry AVG
Employees
with 22 employees, this is above the industry average (5)
22 - Stort Mill Garage Limited
5 - Industry AVG
Pay Structure
on an average salary of £23.4k, the company has an equivalent pay structure (£23.4k)
- Stort Mill Garage Limited
£23.4k - Industry AVG
Efficiency
resulting in sales per employee of £119.6k, this is more efficient (£92k)
- Stort Mill Garage Limited
£92k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (39 days)
- Stort Mill Garage Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (41 days)
- Stort Mill Garage Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Stort Mill Garage Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 106 weeks, this is more cash available to meet short term requirements (15 weeks)
106 weeks - Stort Mill Garage Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30.9%, this is a lower level of debt than the average (67.3%)
30.9% - Stort Mill Garage Limited
67.3% - Industry AVG
STORT MILL GARAGE LIMITED financials
Stort Mill Garage Limited's latest turnover from May 2023 is estimated at £2.6 million and the company has net assets of £3.1 million. According to their latest financial statements, Stort Mill Garage Limited has 22 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 22 | 29 | 28 | 25 | 25 | 16 | 18 | 18 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,577,685 | 2,677,920 | 2,020,910 | 1,721,626 | 1,385,816 | 869,242 | 453,941 | 504,137 | 362,758 | 185,536 | 95,691 | 40,310 | 40,966 | 53,038 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 860,162 | 460,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,437,847 | 3,137,920 | 2,020,910 | 1,721,626 | 1,385,816 | 869,242 | 453,941 | 504,137 | 362,758 | 185,536 | 95,691 | 40,310 | 40,966 | 53,038 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 3,121 | 2,391 | 1,065 | 3,717 | 5,779 | 0 | 0 | 0 | 0 |
| Trade Debtors | 493,196 | 365,696 | 308,493 | 277,365 | 354,342 | 271,179 | 214,643 | 177,474 | 236,884 | 117,118 | 102,601 | 77,818 | 16,261 | 15,452 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 69,916 | 84,332 | 99,420 | 35,952 | 144,762 | 12,420 | 25,754 | 28,967 | 27,609 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,501,950 | 1,049,252 | 1,049,252 | 1,036,800 | 564,231 | 574,330 | 362,675 | 260,265 | 120,290 | 35,549 | 13,307 | 29,284 | 18,181 | 51,416 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,065,062 | 1,499,280 | 1,457,165 | 1,350,117 | 1,063,335 | 861,050 | 605,463 | 467,771 | 388,500 | 158,446 | 115,908 | 107,102 | 34,442 | 66,868 |
| total assets | 4,502,909 | 4,637,200 | 3,478,075 | 3,071,743 | 2,449,151 | 1,730,292 | 1,059,404 | 971,908 | 751,258 | 343,982 | 211,599 | 147,412 | 75,408 | 119,906 |
| Bank overdraft | 46,833 | 50,947 | 0 | 1,953 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 126,594 | 88,164 | 145,808 | 141,494 | 87,206 | 125,947 | 111,094 | 101,456 | 214,028 | 246,243 | 174,808 | 132,728 | 63,592 | 43,780 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54,883 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 58,903 | 199,683 | 313,397 | 271,558 | 281,100 | 168,779 | 72,277 | 89,712 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 503,385 | 674,561 | 156,035 | 214,931 | 212,289 | 185,484 | 134,272 | 59,996 | 136,796 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 735,715 | 1,013,355 | 615,240 | 629,936 | 580,595 | 480,210 | 317,643 | 306,047 | 350,824 | 246,243 | 174,808 | 132,728 | 63,592 | 43,780 |
| loans | 515,030 | 587,691 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 385,463 | 464,888 | 281,524 | 36,045 | 71,310 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 29,501 | 242,019 | 467,299 | 0 | 0 | 0 | 0 | 0 | 71,183 | 63,976 | 3,749 | 0 | 0 | 12,000 |
| provisions | 111,314 | 296,471 | 316,441 | 238,787 | 159,830 | 95,485 | 80,279 | 100,827 | 72,551 | 0 | 0 | 0 | 751 | 6,450 |
| total long term liabilities | 655,845 | 1,126,181 | 783,740 | 624,250 | 624,718 | 377,009 | 116,324 | 172,137 | 143,734 | 63,976 | 3,749 | 0 | 751 | 18,450 |
| total liabilities | 1,391,560 | 2,139,536 | 1,398,980 | 1,254,186 | 1,205,313 | 857,219 | 433,967 | 478,184 | 494,558 | 310,219 | 178,557 | 132,728 | 64,343 | 62,230 |
| net assets | 3,111,349 | 2,497,664 | 2,079,095 | 1,817,557 | 1,243,838 | 873,073 | 625,437 | 493,724 | 256,700 | 33,763 | 33,042 | 14,684 | 11,065 | 57,676 |
| total shareholders funds | 3,111,349 | 2,497,664 | 2,079,095 | 1,817,557 | 1,243,838 | 873,073 | 625,437 | 493,724 | 256,700 | 33,763 | 33,042 | 14,684 | 11,065 | 57,676 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 171,515 | 351,329 | 489,150 | 413,464 | 327,337 | 100,816 | 123,515 | 90,182 | 46,193 | 27,146 | 12,955 | 13,055 | 17,155 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | -3,121 | 730 | 1,326 | -2,652 | -2,062 | 5,779 | 0 | 0 | 0 | 0 |
| Debtors | 113,084 | 42,115 | 94,596 | -185,787 | 215,505 | 43,202 | 33,956 | -58,052 | 147,375 | 14,517 | 24,783 | 61,557 | 809 | 15,452 |
| Creditors | 38,430 | -57,644 | 4,314 | 54,288 | -38,741 | 14,853 | 9,638 | -112,572 | -32,215 | 71,435 | 42,080 | 69,136 | 19,812 | 43,780 |
| Accruals and Deferred Income | -171,176 | 518,526 | -58,896 | 2,642 | 26,805 | 51,212 | 74,276 | -76,800 | 136,796 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -185,157 | -19,970 | 77,654 | 78,957 | 64,345 | 15,206 | -20,548 | 28,276 | 72,551 | 0 | 0 | -751 | -5,699 | 6,450 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 400,162 | 460,000 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -54,883 | 54,883 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -72,661 | 587,691 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -140,780 | -113,714 | -343,624 | -88,967 | 295,685 | 341,981 | -52,700 | 161,022 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -212,518 | -225,280 | 467,299 | 0 | 0 | 0 | 0 | -71,183 | 7,207 | 60,227 | 3,749 | 0 | -12,000 | 12,000 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 452,698 | 0 | 12,452 | 472,569 | -10,099 | 211,655 | 102,410 | 139,975 | 84,741 | 22,242 | -15,977 | 11,103 | -33,235 | 51,416 |
| overdraft | -4,114 | 50,947 | -1,953 | 1,953 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 456,812 | -50,947 | 14,405 | 470,616 | -10,099 | 211,655 | 102,410 | 139,975 | 84,741 | 22,242 | -15,977 | 11,103 | -33,235 | 51,416 |
stort mill garage limited Credit Report and Business Information
Stort Mill Garage Limited Competitor Analysis
Perform a competitor analysis for stort mill garage limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SG11 area or any other competitors across 12 key performance metrics.
stort mill garage limited Ownership
STORT MILL GARAGE LIMITED group structure
Stort Mill Garage Limited has no subsidiary companies.
Ultimate parent company
STORT MILL GARAGE LIMITED
05112824
stort mill garage limited directors
Stort Mill Garage Limited currently has 2 directors. The longest serving directors include Mr Jason Longmore (Dec 2010) and Mr James McAuliffe (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jason Longmore | England | 36 years | Dec 2010 | - | Director |
| Mr James McAuliffe | England | 40 years | Apr 2024 | - | Director |
P&L
May 2023turnover
2.6m
+16%
operating profit
823.9k
0%
gross margin
36.1%
+7.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
3.1m
+0.25%
total assets
4.5m
-0.03%
cash
1.5m
+0.43%
net assets
Total assets minus all liabilities
stort mill garage limited company details
company number
05112824
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
April 2004
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
unit 2 station road, braughing, ware, hertfordshire, SG11 2PB
Bank
-
Legal Advisor
-
stort mill garage 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 2 charges/mortgages relating to stort mill garage limited. Currently there are 2 open charges and 0 have been satisfied in the past.
stort mill garage 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 STORT MILL GARAGE LIMITED. This can take several minutes, an email will notify you when this has completed.
stort mill garage limited Companies House Filings - See Documents
| date | description | view/download |
|---|
