Carmarthenshire Tyre Services Ltd

POWER SEARCH PRICING

SOLUTIONS

carmarthenshire tyre services ltd Company Information

Company Number

05150973

Next Accounts

162 days late

Directors

Delme Owens

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

Website

www.carmarthenshiretyreservices.co.uk

carmarthenshire tyre services ltd Estimated Valuation

£203.5k

Pomanda estimates the enterprise value of CARMARTHENSHIRE TYRE SERVICES LTD at £203.5k based on a Turnover of £743.6k and 0.27x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

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 £743.6k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit 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

Health Rating2.5out of 5

1 Strong

6 Regular

5 Weak

Size

annual sales of £743.6k, make it in line with the average company (£679k)

Growth

3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (4.4%)

EXPORT

Carmarthenshire Tyre Services Ltd's latest turnover from December 2022 is estimated at £743.6 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	743,586	809,680	740,945	1,346,148	2,508,912	2,743,447	3,284,434	3,330,457	2,892,207	2,277,070	2,064,338	2,081,602	1,808,506
Other Income Or Grants
Cost Of Sales	491,612	540,594	478,947	858,255	1,568,022	1,633,349	1,962,746	2,005,579	1,722,527	1,366,634	1,229,814	1,216,525	1,040,223
Gross Profit	251,974	269,085	261,997	487,893	940,890	1,110,099	1,321,688	1,324,878	1,169,680	910,435	834,524	865,077	768,283
Admin Expenses	260,333	281,586	208,417	612,983	969,457	1,129,946	1,284,717	1,324,409	1,163,430	903,331	832,609	854,372	753,816	-3,477
Operating Profit	-8,359	-12,501	53,580	-125,090	-28,567	-19,847	36,971	469	6,250	7,104	1,915	10,705	14,467	3,477
Interest Payable	21,547	11,252	6,744	12,626	12,587	6,971	7,265	4,072		692	1,658	2,232	1,266
Interest Receivable	289	10	17	292	238	126	53	60	41	13	27	34	31	13
Pre-Tax Profit	-29,617	-23,743	46,853	-137,424	-40,916	-26,691	29,760	-3,543	6,291	6,426	284	8,507	13,232	3,490
Tax			-8,902				-5,952		-1,321	-1,478	-68	-2,212	-3,705	-977
Profit After Tax	-29,617	-23,743	37,951	-137,424	-40,916	-26,691	23,808	-3,543	4,970	4,948	216	6,295	9,527	2,513
Dividends Paid
Retained Profit	-29,617	-23,743	37,951	-137,424	-40,916	-26,691	23,808	-3,543	4,970	4,948	216	6,295	9,527	2,513
Employee Costs	203,118	202,711	228,367	382,875	500,354	481,071	455,972	849,743	756,267	596,865	579,375	583,017	496,431
Number Of Employees	7	7	8	13	17	17	16	31	27	22	22	23	20
EBITDA*	11,417	11,590	82,934	-88,710	9,047	19,578	73,138	26,101	21,343	20,861	16,125	25,282	26,043	13,969

* 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						600	1,200	1,800	2,400
Investments & Other
Debtors (Due After 1 year)
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
Misc Debtors	28,806	22,070	2,014	66,188	47,522	9,189	8,364	6,393		1,724			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
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			72		163,258	76,517	107,179	97,559
Bank loan	56,246	44,413	28,640	33,336
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								26,544
other short term finances	24,671	25,295	33,957	45,426	38,501	25,620
hp & lease commitments		27,440	41,713	41,713	31,127	36,731	37,831	29,477
other current liabilities	25,071	14,920	59,986	90,282	56,835	78,402	94,297	31,687
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		27,735			21,289	29,725	38,960
hp & lease commitments			25,245	57,812	17,866	26,669	18,634	29,908
Accruals and Deferred Income
other liabilities									56,442	46,554	36,503	42,457	38,457	89,582
provisions						48,704	39,826	34,908	27,667
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	-8,359	-12,501	53,580	-125,090	-28,567	-19,847	36,971	469	6,250	7,104	1,915	10,705	14,467	3,477
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						600	600	600	600
Tax			-8,902				-5,952		-1,321	-1,478	-68	-2,212	-3,705	-977
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
Deferred Taxes & Provisions					-48,704	8,878	4,918	7,241	27,667
Cash flow from operations	82,763	-85,231	-3,551	104,584	-79,528	77,983	140,085	-96,774	86,352	19,787	24,714	39,280	32,497	-15,585
Investing Activities
capital expenditure	13,579	3,013	10,852	-1,450	-21,626	-95,793	-59,871	-60,892	-81,725	-11,265	-10,848	-32,449	-17,145	-68,926
Change in Investments
cash flow from investments	13,579	3,013	10,852	-1,450	-21,626	-95,793	-59,871	-60,892	-81,725	-11,265	-10,848	-32,449	-17,145	-68,926
Financing Activities
Bank loans	11,833	15,773	-4,696	33,336
Group/Directors Accounts							-26,544	26,544
Other Short Term Loans	-624	-8,662	-11,469	6,925	12,881	25,620
Long term loans	-52,383	127,688	20,307	-34,193	58,721	5,165	-27,735	27,735		-21,289	-8,436	-9,235	38,960
Hire Purchase and Lease Commitments	-27,440	-39,518	-32,567	50,532	-14,407	6,935	-2,920	59,385
other long term liabilities								-56,442	9,888	10,051	-5,954	4,000	-51,125	89,582
share issue														100
interest	-21,258	-11,242	-6,727	-12,334	-12,349	-6,845	-7,212	-4,012	41	-679	-1,631	-2,198	-1,235	13
cash flow from financing	-89,872	84,039	-35,152	44,266	44,846	30,875	-64,411	53,210	9,929	-11,917	-16,021	-7,433	-13,400	89,695
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		-72	72	-163,258	86,741	-30,662	9,620	97,559
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

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for carmarthenshire tyre services ltd. Get real-time insights into carmarthenshire tyre services 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

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 group structure

Carmarthenshire Tyre Services Ltd has no subsidiary companies.

Ultimate parent company

CARMARTHENSHIRE TYRE SERVICES LTD

05150973

CARMARTHENSHIRE TYRE SERVICES LTD Shareholders

mr phillip delme owens	75%
mrs frances elizabeth owens	25%

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 2022

turnover

743.6k

-8%

operating profit

-8.4k

gross margin

33.9%

+1.96%

turnover

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

Balance Sheet

December 2022

net assets

-171.6k

+0.21%

total assets

258.8k

-0.2%

cash

11.5k

+1.29%

net assets

Total assets minus all liabilities

Similar Companies

r.g.m vehicle body repairs limited

richard tooby farm services limited

4.5

bensport limited

2.5

n & n autoworld limited

gjc commercials limited

company number

05150973

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

June 2004

ultimate parent company

None

previous names

N/A

address

2nd floor 40 queen square, bristol, BS1 4QP

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.

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 Company Information

carmarthenshire tyre services ltd Estimated Valuation

carmarthenshire tyre services ltd Estimated Valuation

carmarthenshire tyre services ltd Estimated Valuation

Carmarthenshire Tyre Services Ltd Overview

Carmarthenshire Tyre Services Ltd Health Check

CARMARTHENSHIRE TYRE SERVICES LTD financials

carmarthenshire tyre services ltd Credit Report and Business Information

Carmarthenshire Tyre Services Ltd Competitor Analysis

carmarthenshire tyre services ltd Ownership

carmarthenshire tyre services ltd directors

carmarthenshire tyre services ltd company details

carmarthenshire tyre services ltd Charges & Mortgages

carmarthenshire tyre services ltd Capital Raised & Share Issues BETA

carmarthenshire tyre services ltd Companies House Filings - See Documents