armada cars limited

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armada cars limited Company Information

Share ARMADA CARS LIMITED

Company Number

05809093

Shareholders

nicola louise best

jimmy kiely

Group Structure

View All

Industry

Sale of used cars and light motor vehicles

 

Registered Address

33 mary seacole road, the millfields, plymouth, PL1 3JY

armada cars limited Estimated Valuation

£251k

Pomanda estimates the enterprise value of ARMADA CARS LIMITED at £251k based on a Turnover of £964.5k and 0.26x industry multiple (adjusted for size and gross margin).

armada cars limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ARMADA CARS LIMITED at £0 based on an EBITDA of £-72.6k and a 4.06x industry multiple (adjusted for size and gross margin).

armada cars limited Estimated Valuation

£868.9k

Pomanda estimates the enterprise value of ARMADA CARS LIMITED at £868.9k based on Net Assets of £318.6k and 2.73x industry multiple (adjusted for liquidity).

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Armada Cars Limited Overview

Armada Cars Limited is a live company located in plymouth, PL1 3JY with a Companies House number of 05809093. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in May 2006, it's largest shareholder is nicola louise best with a 50% stake. Armada Cars Limited is a established, small sized company, Pomanda has estimated its turnover at £964.5k with low growth in recent years.

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Armada Cars Limited Health Check

Pomanda's financial health check has awarded Armada Cars Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £964.5k, make it smaller than the average company (£1.8m)

£964.5k - Armada Cars Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (11.9%)

2% - Armada Cars Limited

11.9% - Industry AVG

production

Production

with a gross margin of 11.4%, this company has a comparable cost of product (11.4%)

11.4% - Armada Cars Limited

11.4% - Industry AVG

profitability

Profitability

an operating margin of -7.7% make it less profitable than the average company (2.8%)

-7.7% - Armada Cars Limited

2.8% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (5)

3 - Armada Cars Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)

£33.1k - Armada Cars Limited

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £321.5k, this is less efficient (£407.1k)

£321.5k - Armada Cars Limited

£407.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is near the average (8 days)

10 days - Armada Cars Limited

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (12 days)

0 days - Armada Cars Limited

12 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 106 days, this is more than average (63 days)

106 days - Armada Cars Limited

63 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 88 weeks, this is more cash available to meet short term requirements (9 weeks)

88 weeks - Armada Cars Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 17.4%, this is a lower level of debt than the average (66.3%)

17.4% - Armada Cars Limited

66.3% - Industry AVG

ARMADA CARS LIMITED financials

EXPORTms excel logo

Armada Cars Limited's latest turnover from June 2024 is estimated at £964.5 thousand and the company has net assets of £318.6 thousand. According to their latest financial statements, Armada Cars Limited has 3 employees and maintains cash reserves of £105.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover964,4651,013,2991,489,829903,870707,9624,283,4553,303,4514,029,274922,304939,0091,779,8971,636,977781,289580,665832,800
Other Income Or Grants
Cost Of Sales854,155896,7151,321,675805,374622,9713,792,3722,928,1183,564,921809,508820,0531,570,6101,457,739692,122512,742727,899
Gross Profit110,310116,584168,15498,49784,990491,083375,333464,353112,796118,957209,287179,23789,16767,924104,901
Admin Expenses184,146111,39191,402-77,37925,040468,416305,045432,02895,882139,104192,951177,58798,53076,79960,163
Operating Profit-73,8365,19376,752175,87659,95022,66770,28832,32516,914-20,14716,3361,650-9,363-8,87544,738
Interest Payable718962794366
Interest Receivable5,4826,6322,9821873010341238431428721515995
Pre-Tax Profit-69,07110,86378,940175,69859,97922,66770,28832,42817,326-19,76316,6491,938-9,148-8,71644,833
Tax-2,716-14,999-33,383-11,396-4,307-13,355-6,161-3,465-3,496-446-12,553
Profit After Tax-69,0718,14763,941142,31548,58318,36056,93326,26713,861-19,76313,1531,492-9,148-8,71632,280
Dividends Paid
Retained Profit-69,0718,14763,941142,31548,58318,36056,93326,26713,861-19,76313,1531,492-9,148-8,71632,280
Employee Costs99,31893,75493,56187,05686,78685,67257,63984,46854,07852,671126,923126,73975,33349,22773,628
Number Of Employees333333232255323
EBITDA*-72,6056,46578,072177,25359,95022,66770,28832,32517,953-19,10117,3902,713-8,288-7,78745,841

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets1,3101,5411,8132,1334297,1368,1609,188221260306360423498586
Intangible Assets2,0003,0004,0005,0006,00010,00011,00012,00013,00014,00015,00016,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,3104,5415,8137,1336,4297,1368,1609,18810,22111,26012,30613,36014,42315,49816,586
Stock & work in progress249,597402,694300,42189,840165,15147,30038,83650,74025,27027,20452,65028,850
Trade Debtors26,70013651,65066,75516,300225,227167,899175,8127,35810,74851,65755,04110,9902,38219,696
Group Debtors
Misc Debtors726
Cash105,533103,323161,942315,13859,02182,57182,39471,16754,33460,64225,52338,083
misc current assets
total current assets382,556506,153514,013471,733240,472225,227167,899175,812137,229131,978173,564134,64598,83680,55586,629
total assets385,866510,694519,826478,866246,901232,363176,059185,000147,450143,238185,870148,005113,25996,053103,215
Bank overdraft
Bank loan
Trade Creditors 1,2313,0925,2873,9111,343107,64463,915117,824124,289133,938156,807132,09598,84172,48770,933
Group/Directors Accounts5286879591433
other short term finances
hp & lease commitments
other current liabilities60,514111,157123,929146,84071,821
total current liabilities61,797115,117130,011150,84273,597107,64463,915117,824124,289133,938156,807132,09598,84172,48770,933
loans5,1847,5779,91112,000
hp & lease commitments
Accruals and Deferred Income5,78517,750
other liabilities
provisions249293344405
total long term liabilities5,4337,87010,25512,4055,78517,750
total liabilities67,230122,987140,266163,24773,597107,64469,700135,574124,289133,938156,807132,09598,84172,48770,933
net assets318,636387,707379,560315,619173,304124,719106,35949,42623,1619,30029,06315,91014,41823,56632,282
total shareholders funds318,636387,707379,560315,619173,304124,719106,35949,42623,1619,30029,06315,91014,41823,56632,282
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-73,8365,19376,752175,87659,95022,66770,28832,32516,914-20,14716,3361,650-9,363-8,87544,738
Depreciation231272320377394654637588103
Amortisation1,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,000
Tax-2,716-14,999-33,383-11,396-4,307-13,355-6,161-3,465-3,496-446-12,553
Stock-153,097102,273210,581-75,311165,151-47,3008,464-11,90425,470-1,934-25,44623,80028,850
Debtors27,290-51,514-15,10550,455-208,92757,328-7,913168,454-3,390-40,909-3,38444,0518,608-17,31419,696
Creditors-1,861-2,1951,3762,568-106,30143,729-53,909-6,465-9,649-22,86924,71233,25426,3541,55470,933
Accruals and Deferred Income-50,643-12,772-22,91175,01971,821-5,785-11,96517,750
Deferred Taxes & Provisions-44-51-61405
Cash flow from operations654-62,028-153,999246,71857,850-1,024-1,028-83,705-23510,84316,520-6,59634,904-12,71955,675
Investing Activities
capital expenditure-2,0817071,0241,0281,033-17,689
Change in Investments
cash flow from investments-2,0817071,0241,0281,033-17,689
Financing Activities
Bank loans
Group/Directors Accounts-81673704-342433
Other Short Term Loans
Long term loans-2,393-2,334-2,08912,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue2-22
interest4,7645,6702,188-1793010341238431428721515995
cash flow from financing1,5553,40980311,47946510141238431428721515997
cash and cash equivalents
cash2,210-58,619-153,196256,11759,021-82,57117711,22716,833-6,30835,119-12,56038,083
overdraft
change in cash2,210-58,619-153,196256,11759,021-82,57117711,22716,833-6,30835,119-12,56038,083

armada cars 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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Armada Cars Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for armada cars 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 PL1 area or any other competitors across 12 key performance metrics.

armada cars limited Ownership

ARMADA CARS LIMITED group structure

Armada Cars Limited has no subsidiary companies.

Ultimate parent company

ARMADA CARS LIMITED

05809093

ARMADA CARS LIMITED Shareholders

nicola louise best 50%
jimmy kiely 50%

armada cars limited directors

Armada Cars Limited currently has 2 directors. The longest serving directors include Mr Jimmy Kiely (May 2006) and Ms Nicola Best (May 2006).

officercountryagestartendrole
Mr Jimmy KielyEngland58 years May 2006- Director
Ms Nicola BestEngland57 years May 2006- Director

P&L

June 2024

turnover

964.5k

-5%

operating profit

-73.8k

0%

gross margin

11.5%

-0.59%

turnover

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

Balance Sheet

June 2024

net assets

318.6k

-0.18%

total assets

385.9k

-0.24%

cash

105.5k

+0.02%

net assets

Total assets minus all liabilities

armada cars limited company details

company number

05809093

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

May 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2024

previous names

N/A

accountant

MAYERS

auditor

-

address

33 mary seacole road, the millfields, plymouth, PL1 3JY

Bank

-

Legal Advisor

-

armada cars 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 armada cars limited. Currently there are 1 open charges and 0 have been satisfied in the past.

armada cars 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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armada cars limited Companies House Filings - See Documents

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