mayfair car service ltd
mayfair car service ltd Company Information
Company Number
05835822
Website
www.mayfaircarservice.comRegistered Address
first floor 210 edgware road, marble arch, london, W2 1DH
Industry
Taxi operation
Telephone
02077236111
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
michael abraha 100%
mayfair car service ltd Estimated Valuation
Pomanda estimates the enterprise value of MAYFAIR CAR SERVICE LTD at £82.5k based on a Turnover of £304.8k and 0.27x industry multiple (adjusted for size and gross margin).
mayfair car service ltd Estimated Valuation
Pomanda estimates the enterprise value of MAYFAIR CAR SERVICE LTD at £2.7k based on an EBITDA of £1.2k and a 2.36x industry multiple (adjusted for size and gross margin).
mayfair car service ltd Estimated Valuation
Pomanda estimates the enterprise value of MAYFAIR CAR SERVICE LTD at £0 based on Net Assets of £-240.9k and 2.8x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mayfair Car Service Ltd AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Mayfair Car Service Ltd Overview
Mayfair Car Service Ltd is a live company located in london, W2 1DH with a Companies House number of 05835822. It operates in the taxi operation sector, SIC Code 49320. Founded in June 2006, it's largest shareholder is michael abraha with a 100% stake. Mayfair Car Service Ltd is a established, micro sized company, Pomanda has estimated its turnover at £304.8k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mayfair Car Service Ltd Health Check
Pomanda's financial health check has awarded Mayfair Car Service Ltd 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 £304.8k, make it smaller than the average company (£402.5k)
- Mayfair Car Service Ltd
£402.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.7%)
- Mayfair Car Service Ltd
7.7% - Industry AVG
Production
with a gross margin of 25%, this company has a higher cost of product (48.4%)
- Mayfair Car Service Ltd
48.4% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (8.6%)
- Mayfair Car Service Ltd
8.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Mayfair Car Service Ltd
5 - Industry AVG
Pay Structure
on an average salary of £24.6k, the company has an equivalent pay structure (£24.6k)
- Mayfair Car Service Ltd
£24.6k - Industry AVG
Efficiency
resulting in sales per employee of £304.8k, this is more efficient (£89.8k)
- Mayfair Car Service Ltd
£89.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (40 days)
- Mayfair Car Service Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 310 days, this is slower than average (8 days)
- Mayfair Car Service Ltd
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mayfair Car Service Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mayfair Car Service Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29234.5%, this is a higher level of debt than the average (67.5%)
29234.5% - Mayfair Car Service Ltd
67.5% - Industry AVG
mayfair car service ltd Credit Report and Business Information
Mayfair Car Service Ltd Competitor Analysis
Perform a competitor analysis for mayfair car service ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mayfair car service ltd Ownership
MAYFAIR CAR SERVICE LTD group structure
Mayfair Car Service Ltd has no subsidiary companies.
Ultimate parent company
MAYFAIR CAR SERVICE LTD
05835822
mayfair car service ltd directors
Mayfair Car Service Ltd currently has 2 directors. The longest serving directors include Mr Michael Abraha (May 2018) and Mr Ghershem Tesfamariam (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Abraha | England | 57 years | May 2018 | - | Director |
| Mr Ghershem Tesfamariam | England | 40 years | Mar 2020 | - | Director |
MAYFAIR CAR SERVICE LTD financials
Mayfair Car Service Ltd's latest turnover from June 2023 is estimated at £304.8 thousand and the company has net assets of -£240.9 thousand. According to their latest financial statements, Mayfair Car Service Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 0 | 5,219 | 8,697 | 12,175 | 17,392 | 17,392 | 17,392 | 17,392 | 17,392 | 17,392 | 23,190 | 31,028 | 27,900 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 5,219 | 8,697 | 12,175 | 17,392 | 17,392 | 17,392 | 17,392 | 17,392 | 17,392 | 23,190 | 31,028 | 27,900 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 827 | 352 | 507 | 40,123 | 7,055 | 7,055 | 7,055 | 7,055 | 6,171 | 6,171 | 8,686 | 11,360 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 884 | 884 | 84 | 6,239 | 3,067 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 827 | 352 | 507 | 40,123 | 7,055 | 7,055 | 7,055 | 7,055 | 7,055 | 7,055 | 8,770 | 17,599 | 3,067 | 0 |
| total assets | 827 | 5,571 | 9,204 | 52,298 | 24,447 | 24,447 | 24,447 | 24,447 | 24,447 | 24,447 | 31,960 | 48,627 | 30,967 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 194,340 | 205,022 | 193,906 | 214,920 | 159,044 | 159,044 | 159,044 | 159,044 | 159,044 | 159,044 | 148,960 | 90,937 | 10,395 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 194,340 | 205,022 | 193,906 | 214,920 | 159,044 | 159,044 | 159,044 | 159,044 | 159,044 | 159,044 | 148,960 | 90,937 | 10,395 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 47,429 | 42,357 | 50,000 | 50,000 | 60,591 | 60,591 | 60,591 | 60,591 | 60,591 | 60,591 | 36,590 | 36,752 | 37,875 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 47,429 | 42,357 | 50,000 | 50,000 | 60,591 | 60,591 | 60,591 | 60,591 | 60,591 | 60,591 | 36,590 | 36,752 | 37,875 | 0 |
| total liabilities | 241,769 | 247,379 | 243,906 | 264,920 | 219,635 | 219,635 | 219,635 | 219,635 | 219,635 | 219,635 | 185,550 | 127,689 | 48,270 | 0 |
| net assets | -240,942 | -241,808 | -234,702 | -212,622 | -195,188 | -195,188 | -195,188 | -195,188 | -195,188 | -195,188 | -153,590 | -79,062 | -17,303 | 0 |
| total shareholders funds | -240,942 | -241,808 | -234,702 | -212,622 | -195,188 | -195,188 | -195,188 | -195,188 | -195,188 | -195,188 | -153,590 | -79,062 | -17,303 | 0 |
| 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 | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 7,064 | 14,278 | 10,343 | 9,300 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 475 | -155 | -39,616 | 33,068 | 0 | 0 | 0 | 884 | 0 | -2,515 | -2,674 | 11,360 | 0 | 0 |
| Creditors | -10,682 | 11,116 | -21,014 | 55,876 | 0 | 0 | 0 | 0 | 0 | 10,084 | 58,023 | 80,542 | 10,395 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 5,072 | -7,643 | 0 | -10,591 | 0 | 0 | 0 | 0 | 0 | 24,001 | -162 | -1,123 | 37,875 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -884 | 0 | 800 | -6,155 | 3,172 | 3,067 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -884 | 0 | 800 | -6,155 | 3,172 | 3,067 | 0 |
P&L
June 2023turnover
304.8k
+91%
operating profit
1.2k
0%
gross margin
25%
-4.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-240.9k
0%
total assets
827
-0.85%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mayfair car service ltd company details
company number
05835822
Type
Private limited with Share Capital
industry
49320 - Taxi operation
incorporation date
June 2006
age
18
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
first floor 210 edgware road, marble arch, london, W2 1DH
last accounts submitted
June 2023
mayfair car service ltd 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 did not find charges/mortgages relating to mayfair car service ltd.
mayfair car service ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
