classic car components direct limited

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classic car components direct limited Company Information

Share CLASSIC CAR COMPONENTS DIRECT LIMITED

Company Number

05434210

Directors

David Wood

Shareholders

david wood

lorraine wood

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

86 tettenhall road, wolverhampton, west midlands, WV1 4TF

classic car components direct limited Estimated Valuation

£418.3k

Pomanda estimates the enterprise value of CLASSIC CAR COMPONENTS DIRECT LIMITED at £418.3k based on a Turnover of £1m and 0.4x industry multiple (adjusted for size and gross margin).

classic car components direct limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CLASSIC CAR COMPONENTS DIRECT LIMITED at £0 based on an EBITDA of £-36.9k and a 3.08x industry multiple (adjusted for size and gross margin).

classic car components direct limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of CLASSIC CAR COMPONENTS DIRECT LIMITED at £1.6m based on Net Assets of £754.2k and 2.14x industry multiple (adjusted for liquidity).

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Classic Car Components Direct Limited Overview

Classic Car Components Direct Limited is a live company located in west midlands, WV1 4TF with a Companies House number of 05434210. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 2005, it's largest shareholder is david wood with a 50% stake. Classic Car Components Direct Limited is a mature, small sized company, Pomanda has estimated its turnover at £1m with rapid growth in recent years.

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Classic Car Components Direct Limited Health Check

Pomanda's financial health check has awarded Classic Car Components Direct Limited a 3 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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1m, make it smaller than the average company (£19.5m)

£1m - Classic Car Components Direct Limited

£19.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (5.3%)

35% - Classic Car Components Direct Limited

5.3% - Industry AVG

production

Production

with a gross margin of 18.9%, this company has a higher cost of product (33.5%)

18.9% - Classic Car Components Direct Limited

33.5% - Industry AVG

profitability

Profitability

an operating margin of -3.5% make it less profitable than the average company (5.9%)

-3.5% - Classic Car Components Direct Limited

5.9% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (108)

3 - Classic Car Components Direct Limited

108 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)

£47.4k - Classic Car Components Direct Limited

£47.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £347.8k, this is more efficient (£196.7k)

£347.8k - Classic Car Components Direct Limited

£196.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 112 days, this is later than average (46 days)

112 days - Classic Car Components Direct Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 24 days, this is quicker than average (44 days)

24 days - Classic Car Components Direct Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Classic Car Components Direct Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Classic Car Components Direct Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 7%, this is a lower level of debt than the average (56.1%)

7% - Classic Car Components Direct Limited

56.1% - Industry AVG

CLASSIC CAR COMPONENTS DIRECT LIMITED financials

EXPORTms excel logo

Classic Car Components Direct Limited's latest turnover from June 2023 is estimated at £1 million and the company has net assets of £754.2 thousand. According to their latest financial statements, we estimate that Classic Car Components Direct Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover1,043,547902,034779,800426,379166,37384,33877,85145,85713,49530,7431,042,7171,025,701943,0811,063,674
Other Income Or Grants
Cost Of Sales846,007729,703642,405345,263135,54668,40863,26937,14411,03025,361863,672849,162778,152875,158
Gross Profit197,541172,331137,39581,11630,82715,93014,5828,7132,4665,381179,045176,538164,929188,516
Admin Expenses234,474101,647-13,714990-177,510-88,75038,49732,40317,136-400,265179,795190,297139,837145,831
Operating Profit-36,93370,684151,10980,126208,337104,680-23,915-23,690-14,670405,646-750-13,75925,09242,685
Interest Payable
Interest Receivable
Pre-Tax Profit-36,93370,684151,10980,126208,337104,680-23,915-23,690-14,670405,646-750-13,75925,09242,685
Tax-13,430-28,711-15,224-39,584-19,889-85,186-6,524-11,952
Profit After Tax-36,93357,254122,39864,902168,75384,791-23,915-23,690-14,670320,460-750-13,75918,56830,733
Dividends Paid
Retained Profit-36,93357,254122,39864,902168,75384,791-23,915-23,690-14,670320,460-750-13,75918,56830,733
Employee Costs142,315132,659123,81083,37241,28940,15738,78236,42735,50834,786138,734137,201134,854133,078
Number Of Employees33321111114444
EBITDA*-36,93370,684151,10980,126208,337104,680-23,915-23,690-14,670405,646-750-13,75925,09242,685

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets
Intangible Assets
Investments & Other490,177490,177490,177490,177490,077350,077350,077350,077350,077350,077350,077350,077350,077350,077
Debtors (Due After 1 year)
Total Fixed Assets490,177490,177490,177490,177490,077350,077350,077350,077350,077350,077350,077350,077350,077350,077
Stock & work in progress
Trade Debtors321,185304,240258,260135,13957,58628,9841401401408,992
Group Debtors
Misc Debtors
Cash11111111111
misc current assets
total current assets321,185304,240258,260135,14057,58728,9851411411418,9931111
total assets811,362794,417748,437625,317547,664379,062350,218350,218350,218359,070350,078350,078350,078350,078
Bank overdraft
Bank loan
Trade Creditors 57,1203,24214,51613,7941,0431,19457,14133,2269,5363,718315,186314,436300,677319,344
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities57,1203,24214,51613,7941,0431,19457,14133,2269,5363,718315,186314,436300,677319,344
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities57,1203,24214,51613,7941,0431,19457,14133,2269,5363,718315,186314,436300,677319,344
net assets754,242791,175733,921611,523546,621377,868293,077316,992340,682355,35234,89235,64249,40130,734
total shareholders funds754,242791,175733,921611,523546,621377,868293,077316,992340,682355,35234,89235,64249,40130,734
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-36,93370,684151,10980,126208,337104,680-23,915-23,690-14,670405,646-750-13,75925,09242,685
Depreciation
Amortisation
Tax-13,430-28,711-15,224-39,584-19,889-85,186-6,524-11,952
Stock
Debtors16,94545,980123,12177,55328,60228,844-8,8528,992
Creditors53,878-11,27472212,751-151-55,94723,91523,6905,818-311,46875013,759-18,667319,344
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-1100140,000-99350,077
Investing Activities
capital expenditure
Change in Investments100140,000350,077
cash flow from investments-100-140,000-350,077
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue991
interest
cash flow from financing991
cash and cash equivalents
cash-11
overdraft
change in cash-11

classic car components direct 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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Classic Car Components Direct Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for classic car components direct limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WV1 area or any other competitors across 12 key performance metrics.

classic car components direct limited Ownership

CLASSIC CAR COMPONENTS DIRECT LIMITED group structure

Classic Car Components Direct Limited has 3 subsidiary companies.

Ultimate parent company

CLASSIC CAR COMPONENTS DIRECT LIMITED

05434210

3 subsidiaries

CLASSIC CAR COMPONENTS DIRECT LIMITED Shareholders

david wood 50%
lorraine wood 50%

classic car components direct limited directors

Classic Car Components Direct Limited currently has 1 director, Mr David Wood serving since Jun 2005.

officercountryagestartendrole
Mr David WoodEngland66 years Jun 2005- Director

P&L

June 2023

turnover

1m

+16%

operating profit

-36.9k

0%

gross margin

19%

-0.92%

turnover

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

Balance Sheet

June 2023

net assets

754.2k

-0.05%

total assets

811.4k

+0.02%

cash

0

0%

net assets

Total assets minus all liabilities

classic car components direct limited company details

company number

05434210

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

April 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

June 2023

previous names

N/A

accountant

APPLEBY MALL LIMITED

auditor

-

address

86 tettenhall road, wolverhampton, west midlands, WV1 4TF

Bank

-

Legal Advisor

-

classic car components direct 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 classic car components direct limited. Currently there are 1 open charges and 0 have been satisfied in the past.

classic car components direct 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.

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classic car components direct limited Companies House Filings - See Documents

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