1st class tyres & autocare limitedEstimated Valuation
£70.6k
Pomanda estimates the enterprise value of 1ST CLASS TYRES & AUTOCARE LIMITED at £70.6k based on a Turnover of £272k and 0.26x industry multiple (adjusted for size and gross margin).
1st class tyres & autocare limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of 1ST CLASS TYRES & AUTOCARE LIMITED at £0 based on an EBITDA of £-25.2k and a 3.78x industry multiple (adjusted for size and gross margin).
1st class tyres & autocare limitedEstimated Valuation
£178.7k
Pomanda estimates the enterprise value of 1ST CLASS TYRES & AUTOCARE LIMITED at £178.7k based on Net Assets of £64.1k and 2.79x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
1st Class Tyres & Autocare LimitedOverview
1st Class Tyres & Autocare Limited is a live company located in lutterworth, LE17 4AB with a Companies House number of 05412364. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in April 2005, it's largest shareholder is
jill evans & russell leigh errington
with a 100% stake. 1st Class Tyres & Autocare Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£272k with
healthy
growth in recent years.
Pomanda's financial health check has awarded 1St Class Tyres & Autocare Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £272k, make it smaller than the average company (£342.3k)
£272k - 1st Class Tyres & Autocare Limited
£342.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (13.7%)
9% - 1st Class Tyres & Autocare Limited
13.7% - Industry AVG
Production
with a gross margin of 37%, this company has a comparable cost of product (37%)
37% - 1st Class Tyres & Autocare Limited
37% - Industry AVG
Profitability
an operating margin of -10.4% make it less profitable than the average company (6.1%)
-10.4% - 1st Class Tyres & Autocare Limited
6.1% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (6)
6 - 1st Class Tyres & Autocare Limited
6 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
£31.2k - 1st Class Tyres & Autocare Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £45.3k, this is less efficient (£102.3k)
£45.3k - 1st Class Tyres & Autocare Limited
£102.3k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (34 days)
4 days - 1st Class Tyres & Autocare Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (42 days)
95 days - 1st Class Tyres & Autocare Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 52 days, this is more than average (25 days)
52 days - 1st Class Tyres & Autocare Limited
25 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 58 weeks, this is more cash available to meet short term requirements (14 weeks)
58 weeks - 1st Class Tyres & Autocare Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.3%, this is a lower level of debt than the average (66.6%)
58.3% - 1st Class Tyres & Autocare Limited
66.6% - Industry AVG
1ST CLASS TYRES & AUTOCARE LIMITED financials
EXPORT
1St Class Tyres & Autocare Limited's latest turnover from June 2024 is estimated at £272 thousand and the company has net assets of £64.1 thousand. According to their latest financial statements, 1St Class Tyres & Autocare Limited has 6 employees and maintains cash reserves of £100.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
271,977
259,609
240,545
211,225
206,023
221,498
208,057
223,753
187,369
294,755
299,007
320,347
304,655
339,931
651,013
Other Income Or Grants
Cost Of Sales
171,319
167,089
159,512
141,343
129,898
139,811
126,966
133,190
111,783
177,359
178,446
189,207
178,308
195,336
349,011
Gross Profit
100,658
92,519
81,033
69,882
76,124
81,687
81,092
90,562
75,586
117,396
120,561
131,140
126,347
144,595
302,002
Admin Expenses
129,043
136,423
86,623
45,126
88,369
31,862
113,699
42,541
97,913
166,893
85,676
104,757
102,088
135,775
204,773
Operating Profit
-28,385
-43,904
-5,590
24,756
-12,245
49,825
-32,607
48,021
-22,327
-49,497
34,885
26,383
24,259
8,820
97,229
Interest Payable
449
1,641
Interest Receivable
5,909
7,066
1,909
132
128
906
525
229
458
653
675
522
418
398
Pre-Tax Profit
-22,476
-36,838
-3,681
24,889
-12,117
50,731
-32,082
48,249
-21,869
-48,844
35,559
26,905
24,676
8,769
95,588
Tax
-4,729
-9,639
-9,167
-7,467
-6,188
-5,922
-2,280
-20,614
Profit After Tax
-22,476
-36,838
-3,681
20,160
-12,117
41,092
-32,082
39,082
-21,869
-48,844
28,092
20,717
18,754
6,489
74,974
Dividends Paid
32,000
Retained Profit
-22,476
-36,838
-3,681
20,160
-12,117
41,092
-32,082
39,082
-21,869
-48,844
28,092
20,717
18,754
6,489
42,974
Employee Costs
187,343
161,214
160,668
127,170
136,597
143,199
141,033
164,069
53,232
79,631
79,101
105,279
99,502
96,113
188,587
Number Of Employees
6
6
6
5
5
5
5
6
2
3
3
4
4
4
8
EBITDA*
-25,184
-41,215
-2,229
28,653
-8,254
53,437
-32,607
51,427
-19,439
-49,497
37,910
29,943
28,033
13,221
97,229
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
12,750
10,696
13,385
15,288
16,262
14,449
12,957
13,626
11,549
9,349
9,072
10,678
11,321
13,208
15,939
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
3,990
Total Fixed Assets
16,740
10,696
13,385
15,288
16,262
14,449
12,957
13,626
11,549
9,349
9,072
10,678
11,321
13,208
15,939
Stock & work in progress
24,558
23,992
24,054
22,130
22,241
19,515
20,835
20,540
33,052
34,038
39,389
43,708
41,482
45,043
43,677
Trade Debtors
3,565
3,958
2,220
3,526
2,539
4,514
4,025
3,272
8,996
13,727
17,296
16,107
16,310
15,495
16,856
Group Debtors
Misc Debtors
8,526
7,274
6,681
7,239
6,768
6,723
9,943
15,637
6,353
Cash
100,196
124,917
157,705
147,692
117,283
139,561
101,977
107,959
74,937
108,074
153,008
116,981
91,882
75,221
83,937
misc current assets
total current assets
136,845
160,141
190,660
180,587
148,831
170,313
136,780
147,408
123,338
155,839
209,693
176,796
149,674
135,759
144,470
total assets
153,585
170,837
204,045
195,875
165,093
184,762
149,737
161,034
134,887
165,188
218,765
187,474
160,995
148,967
160,409
Bank overdraft
6,458
Bank loan
Trade Creditors
44,758
39,121
37,249
31,524
24,417
30,906
33,121
24,411
29,781
69,849
43,222
38,607
34,759
41,408
39,105
Group/Directors Accounts
1,349
1,345
3,687
1,312
4,392
979
735
other short term finances
8
hp & lease commitments
other current liabilities
43,423
43,840
39,740
35,989
29,394
33,870
38,701
26,626
34,191
33,915
35,331
33,417
33,494
39,192
total current liabilities
89,530
84,306
80,676
68,825
58,203
65,755
71,822
51,037
63,972
69,849
77,137
73,938
68,176
74,902
85,498
loans
7,335
hp & lease commitments
Accruals and Deferred Income
2,555
other liabilities
provisions
total long term liabilities
2,555
7,335
total liabilities
89,530
84,306
80,676
68,825
58,203
65,755
71,822
51,037
63,972
72,404
77,137
73,938
68,176
74,902
92,833
net assets
64,055
86,531
123,369
127,050
106,890
119,007
77,915
109,997
70,915
92,784
141,628
113,536
92,819
74,065
67,576
total shareholders funds
64,055
86,531
123,369
127,050
106,890
119,007
77,915
109,997
70,915
92,784
141,628
113,536
92,819
74,065
67,576
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
-28,385
-43,904
-5,590
24,756
-12,245
49,825
-32,607
48,021
-22,327
-49,497
34,885
26,383
24,259
8,820
97,229
Depreciation
3,201
2,689
3,361
3,897
3,991
3,612
3,406
2,888
3,025
3,560
3,774
4,401
Amortisation
Tax
-4,729
-9,639
-9,167
-7,467
-6,188
-5,922
-2,280
-20,614
Stock
566
-62
1,924
-111
2,726
-1,320
295
-12,512
-986
-5,351
-4,319
2,226
-3,561
1,366
43,677
Debtors
4,849
2,331
-1,864
1,458
-1,930
-2,731
-4,941
3,560
1,622
-3,569
1,189
-203
815
-1,361
16,856
Creditors
5,637
1,872
5,725
7,107
-6,489
-2,215
8,710
-5,370
-40,068
26,627
4,615
3,848
-6,649
2,303
39,105
Accruals and Deferred Income
-417
4,100
3,751
6,595
-4,476
-4,831
12,075
-7,565
31,636
-31,360
-1,416
1,914
-77
-5,698
39,192
Deferred Taxes & Provisions
Cash flow from operations
-25,379
-37,512
7,187
36,279
-20,015
40,803
-7,176
38,277
-28,507
-45,310
36,772
27,494
18,131
7,541
94,379
Investing Activities
capital expenditure
-5,255
-1,458
-2,923
-5,804
-5,104
669
-5,483
-5,088
-277
-1,419
-2,917
-1,887
-1,670
-15,939
Change in Investments
cash flow from investments
-5,255
-1,458
-2,923
-5,804
-5,104
669
-5,483
-5,088
-277
-1,419
-2,917
-1,887
-1,670
-15,939
Financing Activities
Bank loans
Group/Directors Accounts
4
-2,342
2,375
-3,080
3,413
979
-735
735
Other Short Term Loans
-8
8
Long term loans
-7,335
7,335
Hire Purchase and Lease Commitments
other long term liabilities
share issue
24,602
interest
5,909
7,066
1,909
132
128
906
525
229
458
653
675
522
418
-51
-1,641
cash flow from financing
5,913
4,724
4,284
-2,948
3,541
1,885
525
229
458
653
675
522
418
-8,129
31,039
cash and cash equivalents
cash
-24,721
-32,788
10,013
30,409
-22,278
37,584
-5,982
33,022
-33,137
-44,934
36,027
25,099
16,661
-8,716
83,937
overdraft
-6,458
6,458
change in cash
-24,721
-32,788
10,013
30,409
-22,278
37,584
-5,982
33,022
-33,137
-44,934
36,027
25,099
16,661
-2,258
77,479
1st class tyres & autocare limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for 1st class tyres & autocare limited. Get real-time insights into 1st class tyres & autocare limited's credit score, group structure and payment trends.
1st Class Tyres & Autocare Limited Competitor Analysis
Perform a competitor analysis for 1st class tyres & autocare limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in LE17 area or any other competitors across 12 key performance metrics.
1st class tyres & autocare limited Ownership
1ST CLASS TYRES & AUTOCARE LIMITED group structure
1St Class Tyres & Autocare Limited has no subsidiary companies.
Ultimate parent company
1ST CLASS TYRES & AUTOCARE LIMITED
05412364
1ST CLASS TYRES & AUTOCARE LIMITED Shareholders
The sole shareholder of 1St Class Tyres & Autocare Limited is Jill Evans & Russell Leigh Errington.
jill evans & russell leigh errington
100%
1st class tyres & autocare limited directors
1St Class Tyres & Autocare Limited currently has 2 directors.
The longest serving directors include
Mr Russell Errington (Apr 2005) and
Ms Jill Evans (Apr 2007).
1st class tyres & autocare limited company details
company number
05412364
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
April 2005
age
20
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
N/A
accountant
JH ACCOUNTING
auditor
-
address
the old sorting office, misterton way, lutterworth, leicestershire, LE17 4AB
Bank
-
Legal Advisor
-
1st class tyres & autocare 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 1 charges/mortgages relating to 1st class tyres & autocare limited. Currently there are 1 open charges and 0 have been satisfied in the past.
1st class tyres & autocare 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 1ST CLASS TYRES & AUTOCARE LIMITED. This can take several minutes, an email will notify you when this has completed.
1st class tyres & autocare limitedCompanies House Filings - See Documents
