
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
97 croyland road, london, N9 7BE
Website
-Pomanda estimates the enterprise value of BOYCE SCHOOL OF MOTORING LIMITED at £28.6k based on a Turnover of £58.8k and 0.49x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of BOYCE SCHOOL OF MOTORING LIMITED at £27k based on an EBITDA of £8.4k and a 3.2x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of BOYCE SCHOOL OF MOTORING LIMITED at £32.2k based on Net Assets of £16.4k and 1.96x industry multiple (adjusted for liquidity).
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Boyce School Of Motoring Limited is a live company located in london, N9 7BE with a Companies House number of 05381947. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 2005, it's largest shareholder is bassey okung with a 100% stake. Boyce School Of Motoring Limited is a mature, micro sized company, Pomanda has estimated its turnover at £58.8k with rapid growth in recent years.
Pomanda's financial health check has awarded Boyce School Of Motoring Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £58.8k, make it smaller than the average company (£848.9k)
- Boyce School Of Motoring Limited
£848.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (8.2%)
- Boyce School Of Motoring Limited
8.2% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (40%)
- Boyce School Of Motoring Limited
40% - Industry AVG
Profitability
an operating margin of 14.3% make it more profitable than the average company (5.8%)
- Boyce School Of Motoring Limited
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Boyce School Of Motoring Limited
14 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
- Boyce School Of Motoring Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £58.8k, this is less efficient (£73.3k)
- Boyce School Of Motoring Limited
£73.3k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (28 days)
- Boyce School Of Motoring Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 198 days, this is slower than average (37 days)
- Boyce School Of Motoring Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Boyce School Of Motoring Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Boyce School Of Motoring Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.1%, this is a higher level of debt than the average (38%)
61.1% - Boyce School Of Motoring Limited
38% - Industry AVG
Boyce School Of Motoring Limited's latest turnover from March 2024 is estimated at £58.8 thousand and the company has net assets of £16.4 thousand. According to their latest financial statements, Boyce School Of Motoring Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 43,244 | 40,922 | |||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | 5,135 | 4,799 | |||||||||||||
Tax | -879 | -774 | |||||||||||||
Profit After Tax | 4,256 | 4,025 | |||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | 4,256 | 4,025 | |||||||||||||
Employee Costs | 12,200 | 11,400 | |||||||||||||
Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 30,000 | 3,490 | 7,090 | 10,781 | 14,400 | 6,885 | 8,382 | 2,667 | 2,963 | 5,927 | 146 | 194 | 259 | ||
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 30,000 | 3,490 | 7,090 | 10,781 | 14,400 | 6,885 | 8,382 | 2,667 | 2,963 | 5,927 | 146 | 194 | 259 | ||
Stock & work in progress | |||||||||||||||
Trade Debtors | 12,227 | 15,711 | 11,395 | 4,587 | 2,315 | 3,083 | 274 | 1 | 9,777 | ||||||
Group Debtors | |||||||||||||||
Misc Debtors | |||||||||||||||
Cash | 1,578 | 2,854 | 58 | 985 | 12 | 352 | |||||||||
misc current assets | 1,840 | ||||||||||||||
total current assets | 12,227 | 15,711 | 11,395 | 4,587 | 2,315 | 3,083 | 3,418 | 2,854 | 58 | 985 | 274 | 13 | 10,129 | ||
total assets | 42,227 | 15,711 | 11,395 | 8,077 | 9,405 | 13,864 | 17,818 | 9,739 | 8,440 | 3,652 | 2,963 | 6,201 | 146 | 207 | 10,388 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 25,810 | 5,504 | 5,114 | 3,747 | 3,087 | 5,192 | 4,084 | 774 | 9,645 | 4,908 | 8,889 | 10,045 | |||
Group/Directors Accounts | 5,100 | ||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | 11,617 | ||||||||||||||
other current liabilities | 3,458 | 2,509 | |||||||||||||
total current liabilities | 25,810 | 5,504 | 5,114 | 3,747 | 3,087 | 5,192 | 15,075 | 7,609 | 4,084 | 774 | 9,645 | 4,908 | 8,889 | 10,045 | |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | 110 | ||||||||||||||
other liabilities | 19 | 5,592 | |||||||||||||
provisions | |||||||||||||||
total long term liabilities | 110 | 19 | 5,592 | ||||||||||||
total liabilities | 25,810 | 5,614 | 5,133 | 3,747 | 3,087 | 10,784 | 15,075 | 7,609 | 4,084 | 774 | 9,645 | 4,908 | 8,889 | 10,045 | |
net assets | 16,417 | 10,097 | 6,262 | 4,330 | 6,318 | 3,080 | 2,743 | 2,130 | 4,356 | 2,878 | 2,963 | -3,444 | -4,762 | -8,682 | 343 |
total shareholders funds | 16,417 | 10,097 | 6,262 | 4,330 | 6,318 | 3,080 | 2,743 | 2,130 | 4,356 | 2,878 | 2,963 | -3,444 | -4,762 | -8,682 | 343 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 3,619 | 1,497 | 1,497 | 296 | 1,482 | 1,519 | 48 | 65 | 86 | ||||||
Amortisation | |||||||||||||||
Tax | -879 | -774 | |||||||||||||
Stock | |||||||||||||||
Debtors | -3,484 | 4,316 | 6,808 | 2,272 | -768 | 3,083 | -274 | 274 | -1 | -9,776 | 9,777 | ||||
Creditors | 20,306 | 390 | 1,367 | 660 | -2,105 | 5,192 | -4,084 | 3,310 | 774 | -9,645 | 4,737 | -3,981 | -1,156 | 10,045 | |
Accruals and Deferred Income | -110 | 110 | -3,458 | 949 | 2,509 | ||||||||||
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -5,100 | 5,100 | |||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | -11,617 | 11,617 | |||||||||||||
other long term liabilities | -19 | 19 | -5,592 | 5,592 | |||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | -2,778 | -4,110 | |||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -1,578 | -1,276 | 2,796 | -927 | 985 | -12 | -340 | 352 | |||||||
overdraft | |||||||||||||||
change in cash | -1,578 | -1,276 | 2,796 | -927 | 985 | -12 | -340 | 352 |
Perform a competitor analysis for boyce school of motoring limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in N 9 area or any other competitors across 12 key performance metrics.
BOYCE SCHOOL OF MOTORING LIMITED group structure
Boyce School Of Motoring Limited has no subsidiary companies.
Ultimate parent company
BOYCE SCHOOL OF MOTORING LIMITED
05381947
Boyce School Of Motoring Limited currently has 1 director, Mr Bassey Okung serving since Mar 2005.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Bassey Okung | 61 years | Mar 2005 | - | Director |
P&L
March 2024turnover
58.8k
+16%
operating profit
8.4k
0%
gross margin
19.2%
-1.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
16.4k
+0.63%
total assets
42.2k
+1.69%
cash
0
0%
net assets
Total assets minus all liabilities
company number
05381947
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
March 2005
age
20
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
spinnin - un limited (September 2006)
accountant
-
auditor
-
address
97 croyland road, london, N9 7BE
Bank
-
Legal Advisor
-
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 did not find charges/mortgages relating to boyce school of motoring limited.
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