ask motor company limited

ask motor company limited Company Information

Share ASK MOTOR COMPANY LIMITED
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Company Number

05401912

Industry

Sale of used cars and light motor vehicles

 

Directors

Neil Price

Gareth Brideaux

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Shareholders

neil evan price

Group Structure

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Contact

Registered Address

d2, west point industrial estate, penarth road, cardiff, CF11 8JQ

ask motor company limited Estimated Valuation

£772.1k

Pomanda estimates the enterprise value of ASK MOTOR COMPANY LIMITED at £772.1k based on a Turnover of £2.5m and 0.31x industry multiple (adjusted for size and gross margin).

ask motor company limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ASK MOTOR COMPANY LIMITED at £0 based on an EBITDA of £-24.4k and a 4.03x industry multiple (adjusted for size and gross margin).

ask motor company limited Estimated Valuation

£161.1k

Pomanda estimates the enterprise value of ASK MOTOR COMPANY LIMITED at £161.1k based on Net Assets of £56.1k and 2.87x industry multiple (adjusted for liquidity).

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Ask Motor Company Limited Overview

Ask Motor Company Limited is a live company located in cardiff, CF11 8JQ with a Companies House number of 05401912. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in March 2005, it's largest shareholder is neil evan price with a 100% stake. Ask Motor Company Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.5m with high growth in recent years.

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Ask Motor Company Limited Health Check

Pomanda's financial health check has awarded Ask Motor Company Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £2.5m, make it in line with the average company (£2.1m)

£2.5m - Ask Motor Company Limited

£2.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (13.4%)

26% - Ask Motor Company Limited

13.4% - Industry AVG

production

Production

with a gross margin of 11%, this company has a comparable cost of product (11%)

11% - Ask Motor Company Limited

11% - Industry AVG

profitability

Profitability

an operating margin of -1.3% make it less profitable than the average company (2.8%)

-1.3% - Ask Motor Company Limited

2.8% - Industry AVG

employees

Employees

with 7 employees, this is similar to the industry average (7)

7 - Ask Motor Company Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £33k, the company has an equivalent pay structure (£33k)

£33k - Ask Motor Company Limited

£33k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £358.8k, this is less efficient (£433k)

£358.8k - Ask Motor Company Limited

£433k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is later than average (8 days)

10 days - Ask Motor Company Limited

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is slower than average (12 days)

30 days - Ask Motor Company Limited

12 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 15 days, this is less than average (64 days)

15 days - Ask Motor Company Limited

64 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)

0 weeks - Ask Motor Company Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 88.4%, this is a higher level of debt than the average (66.7%)

88.4% - Ask Motor Company Limited

66.7% - Industry AVG

ASK MOTOR COMPANY LIMITED financials

EXPORTms excel logo

Ask Motor Company Limited's latest turnover from March 2024 is estimated at £2.5 million and the company has net assets of £56.1 thousand. According to their latest financial statements, Ask Motor Company Limited has 7 employees and maintains cash reserves of £15 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,511,9237,295,3284,801,2031,245,377886,2082,592,2291,298,8411,235,6394,460,2167,148,81611,191,7473,666,5032,680,6694,558,9764,833,716
Other Income Or Grants000000000000000
Cost Of Sales2,235,7876,479,0634,259,1361,113,594783,4922,296,8281,151,2691,095,1843,903,2856,241,0909,837,5673,241,6442,362,6713,980,4024,219,130
Gross Profit276,136816,265542,066131,783102,716295,400147,572140,455556,931907,7261,354,180424,859317,998578,574614,586
Admin Expenses307,832864,206489,18294,38896,019314,058116,899114,293554,267905,6161,355,375425,542315,147579,509613,149
Operating Profit-31,696-47,94152,88437,3956,697-18,65830,67326,1622,6642,110-1,195-6832,851-9351,437
Interest Payable9,6746,1747,0397,4696,6625,4642,12400000000
Interest Receivable10587000255270012232
Pre-Tax Profit-41,265-54,02845,84629,92636-24,12028,60426,1892,6642,110-1,194-6812,853-9321,439
Tax00-8,711-5,686-70-5,435-5,238-533-44300-7420-403
Profit After Tax-41,265-54,02837,13524,24029-24,12023,16920,9512,1311,667-1,194-6812,111-9321,036
Dividends Paid000000000000000
Retained Profit-41,265-54,02837,13524,24029-24,12023,16920,9512,1311,667-1,194-6812,111-9321,036
Employee Costs230,837224,463216,998170,506115,628143,827110,940110,899291,787445,350701,782250,667193,809339,877310,039
Number Of Employees777645441117281081412
EBITDA*-24,364-40,81961,75539,7688,186-13,67231,83826,1622,6642,110-1,195-3743,385-4411,992

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets182,128188,620145,742128,623128,49699,2545,1538381,1171,4901,2499271,2361,405646
Intangible Assets66,99165,89159,781000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)0063,92363,06000000000000
Total Fixed Assets249,119254,511269,446191,683128,49699,2545,1538381,1171,4901,2499271,2361,405646
Stock & work in progress92,004094,588183,89848,77535,27290,46190,94500044,40651,500105,55069,500
Trade Debtors73,000274,898252,740037,150154,29034,66019,700127,255207,493301,724170,111132,754182,640229,711
Group Debtors000000000000000
Misc Debtors69,740138,36261,51648,44897,777132,797180,374152,5370000007,388
Cash153,993893312116829021,631000219527267742
misc current assets000000000000000
total current assets234,759417,253408,933232,379183,823322,527305,785284,813127,255207,493301,724214,736184,781288,457307,341
total assets483,878671,764678,379424,062312,319421,781310,938285,651128,372208,983302,973215,663186,017289,862307,987
Bank overdraft55,844039,50969,42948,29812,52265,36800000000
Bank loan000000000000000
Trade Creditors 189,007389,070354,54657,79936,599164,21881,04597,162124,234206,976302,633162,689112,998202,918148,679
Group/Directors Accounts63,48600000000000000
other short term finances58,8052,5094,9383,56115,60016,250000000000
hp & lease commitments000000000000000
other current liabilities20,431132,665110,442133,400101,809136,803116,167163,3000000000
total current liabilities387,573524,244509,435264,189202,306329,793262,580260,462124,234206,976302,633162,689112,998202,918148,679
loans22,43932,38941,12650,00057,99367,750000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities0021,14340,333000000051,43870,80286,838158,270
provisions17,75817,7585,2745,2745,2740000000000
total long term liabilities40,19750,14767,54395,60763,26767,7500000051,43870,80286,838158,270
total liabilities427,770574,391576,978359,796265,573397,543262,580260,462124,234206,976302,633214,127183,800289,756306,949
net assets56,10897,373101,40164,26646,74624,23848,35825,1894,1382,0073401,5362,2171061,038
total shareholders funds56,10897,373101,40164,26646,74624,23848,35825,1894,1382,0073401,5362,2171061,038
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-31,696-47,94152,88437,3956,697-18,65830,67326,1622,6642,110-1,195-6832,851-9351,437
Depreciation7,3327,1228,8712,3731,4894,9861,1650000309534494555
Amortisation000000000000000
Tax00-8,711-5,686-70-5,435-5,238-533-44300-7420-403
Stock92,004-94,588-89,310135,12313,503-55,189-48490,94500-44,406-7,094-54,05036,05069,500
Debtors-270,52035,081266,671-23,419-152,16072,05342,79744,982-80,238-94,231131,61337,357-49,886-54,459237,099
Creditors-200,06334,524296,74721,200-127,61983,173-16,117-27,072-82,742-95,657139,94449,691-89,92054,239148,679
Accruals and Deferred Income-112,23422,223-22,95831,591-34,99420,636-47,133163,3000000000
Deferred Taxes & Provisions012,484005,2740000000000
Cash flow from operations-158,14587,919149,472-24,831-10,50373,273-79,16021,225-37324151,54219,05416,65972,207-156,331
Investing Activities
capital expenditure-1,940-56,110-85,771-2,500-30,731-99,087-5,480279373-241-3220-365-1,253-1,201
Change in Investments000000000000000
cash flow from investments-1,940-56,110-85,771-2,500-30,731-99,087-5,480279373-241-3220-365-1,253-1,201
Financing Activities
Bank loans000000000000000
Group/Directors Accounts63,48600000000000000
Other Short Term Loans 56,296-2,4291,377-12,039-65016,250000000000
Long term loans-9,950-8,737-8,874-7,993-9,75767,750000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0-21,143-19,19040,333000000-51,438-19,364-16,036-71,432158,270
share issue050,0000-6,72022,4790010000-20002
interest-9,569-6,087-7,039-7,469-6,662-5,462-2,069270012232
cash flow from financing100,26311,604-33,7266,1125,41078,538-2,06912700-51,439-19,362-16,034-71,429158,274
cash and cash equivalents
cash-3,9783,90456-88-47-122-21,34121,63100-219-308260-475742
overdraft55,844-39,509-29,92021,13135,776-52,84665,36800000000
change in cash-59,82243,41329,976-21,219-35,82352,724-86,70921,63100-219-308260-475742

ask motor company 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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Ask Motor Company Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ask motor company 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 CF11 area or any other competitors across 12 key performance metrics.

ask motor company limited Ownership

ASK MOTOR COMPANY LIMITED group structure

Ask Motor Company Limited has no subsidiary companies.

Ultimate parent company

ASK MOTOR COMPANY LIMITED

05401912

ASK MOTOR COMPANY LIMITED Shareholders

neil evan price 100%

ask motor company limited directors

Ask Motor Company Limited currently has 3 directors. The longest serving directors include Mr Neil Price (Mar 2005) and Mr Gareth Brideaux (Mar 2017).

officercountryagestartendrole
Mr Neil Price52 years Mar 2005- Director
Mr Gareth BrideauxUnited Kingdom48 years Mar 2017- Director
Mr Liam PowellWales39 years Mar 2017- Director

P&L

March 2024

turnover

2.5m

-66%

operating profit

-31.7k

0%

gross margin

11%

-1.75%

turnover

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

Balance Sheet

March 2024

net assets

56.1k

-0.42%

total assets

483.9k

-0.28%

cash

15

-1%

net assets

Total assets minus all liabilities

ask motor company limited company details

company number

05401912

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

March 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

MWR ACCOUNTANTS

auditor

-

address

d2, west point industrial estate, penarth road, cardiff, CF11 8JQ

Bank

-

Legal Advisor

-

ask motor company 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 ask motor company limited. Currently there are 2 open charges and 0 have been satisfied in the past.

ask motor company 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 ASK MOTOR COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.

ask motor company limited Companies House Filings - See Documents

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