carmarthenshire tyre services ltd Company Information
Company Number
05150973
Next Accounts
126 days late
Directors
Shareholders
mr phillip delme owens
mrs frances elizabeth owens
Group Structure
View All
Industry
Maintenance and repair of motor vehicles
Registered Address
2nd floor 40 queen square, bristol, BS1 4QP
carmarthenshire tyre services ltd Estimated Valuation
Pomanda estimates the enterprise value of CARMARTHENSHIRE TYRE SERVICES LTD at £211.8k based on a Turnover of £742.7k and 0.29x industry multiple (adjusted for size and gross margin).
carmarthenshire tyre services ltd Estimated Valuation
Pomanda estimates the enterprise value of CARMARTHENSHIRE TYRE SERVICES LTD at £40.2k based on an EBITDA of £11.4k and a 3.52x industry multiple (adjusted for size and gross margin).
carmarthenshire tyre services ltd Estimated Valuation
Pomanda estimates the enterprise value of CARMARTHENSHIRE TYRE SERVICES LTD at £0 based on Net Assets of £-171.6k and 3.01x industry multiple (adjusted for liquidity).
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Carmarthenshire Tyre Services Ltd Overview
Carmarthenshire Tyre Services Ltd is a live company located in bristol, BS1 4QP with a Companies House number of 05150973. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in June 2004, it's largest shareholder is mr phillip delme owens with a 75% stake. Carmarthenshire Tyre Services Ltd is a mature, small sized company, Pomanda has estimated its turnover at £742.7k with declining growth in recent years.
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Carmarthenshire Tyre Services Ltd Health Check
Pomanda's financial health check has awarded Carmarthenshire Tyre Services Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
6 Regular
5 Weak
Size
annual sales of £742.7k, make it in line with the average company (£672.9k)
- Carmarthenshire Tyre Services Ltd
£672.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (4.3%)
- Carmarthenshire Tyre Services Ltd
4.3% - Industry AVG
Production
with a gross margin of 34.1%, this company has a comparable cost of product (34.1%)
- Carmarthenshire Tyre Services Ltd
34.1% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (5%)
- Carmarthenshire Tyre Services Ltd
5% - Industry AVG
Employees
with 7 employees, this is below the industry average (10)
7 - Carmarthenshire Tyre Services Ltd
10 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
- Carmarthenshire Tyre Services Ltd
£29k - Industry AVG
Efficiency
resulting in sales per employee of £106.1k, this is equally as efficient (£97.5k)
- Carmarthenshire Tyre Services Ltd
£97.5k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (38 days)
- Carmarthenshire Tyre Services Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 148 days, this is slower than average (43 days)
- Carmarthenshire Tyre Services Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 29 days, this is in line with average (27 days)
- Carmarthenshire Tyre Services Ltd
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - Carmarthenshire Tyre Services Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 166.3%, this is a higher level of debt than the average (67.6%)
166.3% - Carmarthenshire Tyre Services Ltd
67.6% - Industry AVG
CARMARTHENSHIRE TYRE SERVICES LTD financials
Carmarthenshire Tyre Services Ltd's latest turnover from December 2022 is estimated at £742.7 thousand and the company has net assets of -£171.6 thousand. According to their latest financial statements, Carmarthenshire Tyre Services Ltd has 7 employees and maintains cash reserves of £11.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 7 | 7 | 8 | 13 | 17 | 17 | 16 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 106,402 | 139,757 | 166,861 | 207,067 | 241,997 | 257,385 | 200,417 | 176,113 | 140,253 | 76,021 | 78,513 | 81,875 | 64,003 | 58,434 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 600 | 1,200 | 1,800 | 2,400 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 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 | 106,402 | 139,757 | 166,861 | 207,067 | 241,997 | 257,985 | 201,617 | 177,913 | 142,653 | 76,021 | 78,513 | 81,875 | 64,003 | 58,434 |
Stock & work in progress | 39,460 | 71,886 | 36,228 | 23,334 | 150,206 | 227,621 | 234,906 | 162,158 | 151,229 | 99,441 | 108,121 | 92,112 | 79,940 | 54,599 |
Trade Debtors | 72,640 | 83,638 | 74,914 | 141,958 | 340,015 | 328,186 | 391,745 | 368,826 | 270,447 | 204,358 | 179,475 | 173,789 | 143,837 | 125,735 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 28,806 | 22,070 | 2,014 | 66,188 | 47,522 | 9,189 | 8,364 | 6,393 | 0 | 1,724 | 0 | 0 | 28,488 | 18,130 |
Cash | 11,487 | 5,017 | 3,268 | 31,047 | 46,905 | 16,472 | 34,068 | 8,644 | 15,541 | 985 | 4,379 | 6,534 | 7,136 | 5,184 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 152,393 | 182,611 | 116,424 | 262,527 | 584,648 | 581,468 | 669,083 | 546,021 | 437,217 | 306,508 | 291,975 | 272,435 | 259,401 | 203,648 |
total assets | 258,795 | 322,368 | 283,285 | 469,594 | 826,645 | 839,453 | 870,700 | 723,934 | 579,870 | 382,529 | 370,488 | 354,310 | 323,404 | 262,082 |
Bank overdraft | 0 | 0 | 72 | 0 | 163,258 | 76,517 | 107,179 | 97,559 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 56,246 | 44,413 | 28,640 | 33,336 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 199,108 | 174,601 | 161,918 | 327,529 | 473,945 | 519,502 | 524,099 | 421,090 | 467,192 | 312,376 | 294,045 | 263,693 | 233,847 | 169,887 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26,544 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 24,671 | 25,295 | 33,957 | 45,426 | 38,501 | 25,620 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 27,440 | 41,713 | 41,713 | 31,127 | 36,731 | 37,831 | 29,477 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 25,071 | 14,920 | 59,986 | 90,282 | 56,835 | 78,402 | 94,297 | 31,687 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 305,096 | 286,669 | 326,286 | 538,286 | 763,666 | 736,772 | 763,406 | 606,357 | 467,192 | 312,376 | 294,045 | 263,693 | 233,847 | 169,887 |
loans | 125,305 | 177,688 | 50,000 | 29,693 | 63,886 | 5,165 | 0 | 27,735 | 0 | 0 | 21,289 | 29,725 | 38,960 | 0 |
hp & lease commitments | 0 | 0 | 25,245 | 57,812 | 17,866 | 26,669 | 18,634 | 29,908 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56,442 | 46,554 | 36,503 | 42,457 | 38,457 | 89,582 |
provisions | 0 | 0 | 0 | 0 | 0 | 48,704 | 39,826 | 34,908 | 27,667 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 125,305 | 177,688 | 75,245 | 87,505 | 81,752 | 80,538 | 58,460 | 92,551 | 84,109 | 46,554 | 57,792 | 72,182 | 77,417 | 89,582 |
total liabilities | 430,401 | 464,357 | 401,531 | 625,791 | 845,418 | 817,310 | 821,866 | 698,908 | 551,301 | 358,930 | 351,837 | 335,875 | 311,264 | 259,469 |
net assets | -171,606 | -141,989 | -118,246 | -156,197 | -18,773 | 22,143 | 48,834 | 25,026 | 28,569 | 23,599 | 18,651 | 18,435 | 12,140 | 2,613 |
total shareholders funds | -171,606 | -141,989 | -118,246 | -156,197 | -18,773 | 22,143 | 48,834 | 25,026 | 28,569 | 23,599 | 18,651 | 18,435 | 12,140 | 2,613 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 19,776 | 24,091 | 29,354 | 36,380 | 37,614 | 38,825 | 35,567 | 25,032 | 14,493 | 13,757 | 14,210 | 14,577 | 11,576 | 10,492 |
Amortisation | 0 | 0 | 0 | 0 | 600 | 600 | 600 | 600 | 0 | 0 | 0 | 0 | 0 | |
Tax | ||||||||||||||
Stock | -32,426 | 35,658 | 12,894 | -126,872 | -77,415 | -7,285 | 72,748 | 10,929 | 51,788 | -8,680 | 16,009 | 12,172 | 25,341 | 54,599 |
Debtors | -4,262 | 28,780 | -131,218 | -179,391 | 50,162 | -62,734 | 24,890 | 104,772 | 64,365 | 26,607 | 5,686 | 1,464 | 28,460 | 143,865 |
Creditors | 24,507 | 12,683 | -165,611 | -146,416 | -45,557 | -4,597 | 103,009 | -46,102 | 154,816 | 18,331 | 30,352 | 29,846 | 63,960 | 169,887 |
Accruals and Deferred Income | 10,151 | -45,066 | -30,296 | 33,447 | -21,567 | -15,895 | 62,610 | 31,687 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -48,704 | 8,878 | 4,918 | 7,241 | 27,667 | 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 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 11,833 | 15,773 | -4,696 | 33,336 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -26,544 | 26,544 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | -624 | -8,662 | -11,469 | 6,925 | 12,881 | 25,620 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -52,383 | 127,688 | 20,307 | -34,193 | 58,721 | 5,165 | -27,735 | 27,735 | 0 | -21,289 | -8,436 | -9,235 | 38,960 | 0 |
Hire Purchase and Lease Commitments | -27,440 | -39,518 | -32,567 | 50,532 | -14,407 | 6,935 | -2,920 | 59,385 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -56,442 | 9,888 | 10,051 | -5,954 | 4,000 | -51,125 | 89,582 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 6,470 | 1,749 | -27,779 | -15,858 | 30,433 | -17,596 | 25,424 | -6,897 | 14,556 | -3,394 | -2,155 | -602 | 1,952 | 5,184 |
overdraft | 0 | -72 | 72 | -163,258 | 86,741 | -30,662 | 9,620 | 97,559 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 6,470 | 1,821 | -27,851 | 147,400 | -56,308 | 13,066 | 15,804 | -104,456 | 14,556 | -3,394 | -2,155 | -602 | 1,952 | 5,184 |
carmarthenshire tyre services ltd Credit Report and Business Information
Carmarthenshire Tyre Services Ltd Competitor Analysis
Perform a competitor analysis for carmarthenshire tyre services ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BS1 area or any other competitors across 12 key performance metrics.
carmarthenshire tyre services ltd Ownership
CARMARTHENSHIRE TYRE SERVICES LTD group structure
Carmarthenshire Tyre Services Ltd has no subsidiary companies.
Ultimate parent company
CARMARTHENSHIRE TYRE SERVICES LTD
05150973
carmarthenshire tyre services ltd directors
Carmarthenshire Tyre Services Ltd currently has 1 director, Mr Delme Owens serving since Jun 2004.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Delme Owens | United Kingdom | 62 years | Jun 2004 | - | Director |
P&L
December 2022turnover
742.7k
-8%
operating profit
-8.4k
0%
gross margin
34.2%
+2.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-171.6k
+0.21%
total assets
258.8k
-0.2%
cash
11.5k
+1.29%
net assets
Total assets minus all liabilities
carmarthenshire tyre services ltd company details
company number
05150973
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
June 2004
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
WYNNE & CO
auditor
-
address
2nd floor 40 queen square, bristol, BS1 4QP
Bank
-
Legal Advisor
-
carmarthenshire tyre services 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 4 charges/mortgages relating to carmarthenshire tyre services ltd. Currently there are 0 open charges and 4 have been satisfied in the past.
carmarthenshire tyre services 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 CARMARTHENSHIRE TYRE SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
carmarthenshire tyre services ltd Companies House Filings - See Documents
date | description | view/download |
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