v12 sports & classics ltd

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v12 sports & classics ltd Company Information

Share V12 SPORTS & CLASSICS LTD

Company Number

05861786

Directors

Farhad Tailor

Asiya Shaikh

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Shareholders

mr farhad tailor

Group Structure

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Industry

Sale of used cars and light motor vehicles

 

Registered Address

unit 23 harrowbrook road, harrowbrook road, hinckley, leicestershire, LE10 3DJ

v12 sports & classics ltd Estimated Valuation

£79.4m

Pomanda estimates the enterprise value of V12 SPORTS & CLASSICS LTD at £79.4m based on a Turnover of £195.5m and 0.41x industry multiple (adjusted for size and gross margin).

v12 sports & classics ltd Estimated Valuation

£20.9m

Pomanda estimates the enterprise value of V12 SPORTS & CLASSICS LTD at £20.9m based on an EBITDA of £3.3m and a 6.33x industry multiple (adjusted for size and gross margin).

v12 sports & classics ltd Estimated Valuation

£13.5m

Pomanda estimates the enterprise value of V12 SPORTS & CLASSICS LTD at £13.5m based on Net Assets of £4.9m and 2.73x industry multiple (adjusted for liquidity).

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V12 Sports & Classics Ltd Overview

V12 Sports & Classics Ltd is a live company located in hinckley, LE10 3DJ with a Companies House number of 05861786. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in June 2006, it's largest shareholder is mr farhad tailor with a 100% stake. V12 Sports & Classics Ltd is a established, mega sized company, Pomanda has estimated its turnover at £195.5m with healthy growth in recent years.

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V12 Sports & Classics Ltd Health Check

Pomanda's financial health check has awarded V12 Sports & Classics Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £195.5m, make it larger than the average company (£3.7m)

£195.5m - V12 Sports & Classics Ltd

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (10.2%)

10% - V12 Sports & Classics Ltd

10.2% - Industry AVG

production

Production

with a gross margin of 4.7%, this company has a higher cost of product (10.9%)

4.7% - V12 Sports & Classics Ltd

10.9% - Industry AVG

profitability

Profitability

an operating margin of 1.5% make it less profitable than the average company (2.7%)

1.5% - V12 Sports & Classics Ltd

2.7% - Industry AVG

employees

Employees

with 215 employees, this is above the industry average (10)

215 - V12 Sports & Classics Ltd

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.7k, the company has a higher pay structure (£34k)

£41.7k - V12 Sports & Classics Ltd

£34k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £909.3k, this is more efficient (£485.5k)

£909.3k - V12 Sports & Classics Ltd

£485.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (8 days)

1 days - V12 Sports & Classics Ltd

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (15 days)

5 days - V12 Sports & Classics Ltd

15 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 67 days, this is in line with average (67 days)

67 days - V12 Sports & Classics Ltd

67 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (7 weeks)

3 weeks - V12 Sports & Classics Ltd

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 89.2%, this is a higher level of debt than the average (68.2%)

89.2% - V12 Sports & Classics Ltd

68.2% - Industry AVG

V12 SPORTS & CLASSICS LTD financials

EXPORTms excel logo

V12 Sports & Classics Ltd's latest turnover from December 2023 is £195.5 million and the company has net assets of £4.9 million. According to their latest financial statements, V12 Sports & Classics Ltd has 215 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jun 2011Jun 2010
Turnover195,509,590166,015,896177,404,014147,550,092102,892,986107,966,81097,782,43660,067,33645,236,78421,878,3344,373,7661,887,186270,212330,795
Other Income Or Grants
Cost Of Sales186,398,393158,871,710166,291,717139,638,03297,508,141101,536,51390,837,56456,146,93639,396,01119,250,6293,854,2751,668,507238,603289,127
Gross Profit9,111,1977,144,18611,112,2977,912,0605,384,8456,430,2976,944,8723,920,4005,840,7732,627,705519,492218,67931,60841,667
Admin Expenses6,226,8855,359,4174,971,6724,150,5023,466,0503,353,2812,513,2821,462,4664,757,6341,906,49341,235132,96645,1246,132
Operating Profit2,884,3121,784,7696,140,6253,761,5581,918,7953,077,0164,431,5902,457,9341,083,139721,212478,25785,713-13,51635,535
Interest Payable2,320,3151,601,6461,083,376953,092659,119428,847260,32817,08524,34813,881
Interest Receivable2,6695,3656,0079,99814,65010,95810,17525489161127
Pre-Tax Profit563,997183,1235,057,249-4,985,1471,265,0412,654,1764,181,2602,455,4991,069,749717,506478,51285,801-13,35535,663
Tax-183,339-43,319-995,770-566,040-250,055-504,294-802,973-526,409-218,072-162,861-110,058-20,592-9,985
Profit After Tax380,658139,8044,061,479-5,551,1871,014,9862,149,8823,378,2871,929,090851,677554,645368,45465,209-13,35525,677
Dividends Paid538,338758,793377,511690,000385,742320,000200,0001,000,00089,50050,000
Retained Profit-157,680-618,9893,683,968-6,241,187629,2441,829,8823,178,287929,090762,177504,645368,45465,209-13,35525,677
Employee Costs8,972,3466,209,4486,583,8728,734,6396,007,8825,352,5084,511,5912,431,1981,941,058575,547305,058124,62824,61424,543
Number Of Employees21515815719517517014285753512511
EBITDA*3,307,9252,148,8856,399,5134,212,6442,093,3753,238,6804,557,7502,565,0091,123,105746,504489,46485,713-13,51635,535

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jun 2011Jun 2010
Tangible Assets2,001,4131,691,4501,461,5711,436,1871,418,018824,933706,874611,935540,790249,06668,62710,67312,7128,397
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,001,4131,691,4501,461,5711,436,1871,418,018824,933706,874611,935540,790249,06668,62710,67312,7128,397
Stock & work in progress34,369,08430,052,39029,964,76215,751,78710,532,7509,724,3859,351,9374,888,2933,440,6331,947,791716,093204,24519,42020,431
Trade Debtors764,390424,9911,330,051223,293221,761260,483296,670432,22667,1395,50030,2156,800
Group Debtors4,564,0503,518,3345,483,976275,0625,001,6584,062,1631,616,471198,8646,4842,364
Misc Debtors1,322,1291,696,4082,065,9021,010,144654,052416,686897,107495,165687,484352,982
Cash2,861,2363,137,503772,7525,857,9412,472,4932,030,1401,635,051999,192293,485206,66279,86021,84113,57550,978
misc current assets
total current assets43,880,88938,829,62639,617,44323,118,22718,882,71416,493,85713,797,2367,013,7404,495,2252,515,299826,168226,08639,79571,409
total assets45,882,30240,521,07641,079,01424,554,41420,300,73217,318,79014,504,1107,625,6755,036,0152,764,365894,795236,75952,50779,806
Bank overdraft
Bank loan500,000775,0001,550,0002,204,16779,76544,27640,700
Trade Creditors 2,656,6491,731,4281,263,073680,4831,174,1551,596,2531,556,7302,127,6361,258,439709,116357,184142,89420,05930,503
Group/Directors Accounts65,17696,71535,72821385,423229,443245,507515,671654,973190,964
other short term finances9,200,2735,811,0764,533,189
hp & lease commitments
other current liabilities35,977,76732,604,82931,641,15917,293,3731,421,7371,892,4142,194,0611,868,045769,899441,427
total current liabilities39,199,59235,207,97234,489,96020,178,23611,881,5889,529,1868,529,4874,591,1172,727,5871,382,207357,184142,89420,05930,503
loans1,500,000775,0002,195,83378,115110,633
hp & lease commitments
Accruals and Deferred Income
other liabilities80,13316,33320,12523,625
provisions237,287210,00191,962142,221139,833139,537154,438392,660517,505320,89411,492
total long term liabilities1,737,287210,001866,9622,338,054139,833139,537154,438392,660595,620431,52791,62516,33320,12523,625
total liabilities40,936,87935,417,97335,356,92222,516,29012,021,4219,668,7238,683,9254,983,7773,323,2071,813,734448,809159,22740,18454,128
net assets4,945,4235,103,1035,722,0922,038,1248,279,3117,650,0675,820,1852,641,8981,712,808950,631445,98677,53212,32325,678
total shareholders funds4,945,4235,103,1035,722,0922,038,1248,279,3117,650,0675,820,1852,641,8981,712,808950,631445,98677,53212,32325,678
Dec 2023Dec 2022Dec 2021Dec 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jun 2011Jun 2010
Operating Activities
Operating Profit2,884,3121,784,7696,140,6253,761,5581,918,7953,077,0164,431,5902,457,9341,083,139721,212478,25785,713-13,51635,535
Depreciation423,613364,116258,888451,086174,580161,664126,160107,07539,96625,29211,207
Amortisation
Tax-183,339-43,319-995,770-566,040-250,055-504,294-802,973-526,409-218,072-162,861-110,058-20,592-9,985
Stock4,316,69487,62814,212,9755,219,037808,365372,4484,463,6441,447,6601,492,8421,231,698511,848184,825-1,01120,431
Debtors1,010,836-3,240,1967,371,430-4,368,9721,138,1391,929,0841,683,993365,148400,261330,63130,215-6,8006,800
Creditors925,221468,355582,590-493,672-422,09839,523-570,906869,197549,323351,932214,290122,835-10,44430,503
Accruals and Deferred Income3,372,938963,67014,347,78615,871,636-470,677-301,647326,0161,098,146328,472441,427
Deferred Taxes & Provisions27,286118,039-50,2592,388296-14,901-238,222-124,845196,611309,40211,492
Cash flow from operations2,122,5016,808,198-1,300,54518,176,891-995,663155,829-2,875,9722,068,29086,336124,07563,1259,931-29,74935,622
Investing Activities
capital expenditure-287,341-215,230-197,547-332,618-205,731-69,1612,039-4,315-8,397
Change in Investments
cash flow from investments-287,341-215,230-197,547-332,618-205,731-69,1612,039-4,315-8,397
Financing Activities
Bank loans-275,000-775,000-654,1672,204,167-79,76535,4893,57640,700
Group/Directors Accounts-31,53960,98735,515-85,210-144,020-16,064-270,164-139,302464,009190,964
Other Short Term Loans -9,200,2733,389,1971,277,8874,533,189
Long term loans1,500,000-775,000-1,420,8332,195,833-78,115-32,518110,633
Hire Purchase and Lease Commitments
other long term liabilities-80,13363,800-3,792-3,50023,625
share issue1
interest-2,320,315-1,601,646-1,083,376-950,423-653,754-422,840-250,330-2,435-13,390-3,70625489161127
cash flow from financing-1,126,854-3,090,659-3,122,861-5,835,9062,591,423838,9833,932,930-184,363421,677258,45864,054-3,703-3,33923,753
cash and cash equivalents
cash-276,2672,364,751-5,085,1893,385,448442,353395,089635,859705,70786,823126,80258,0198,266-37,40350,978
overdraft
change in cash-276,2672,364,751-5,085,1893,385,448442,353395,089635,859705,70786,823126,80258,0198,266-37,40350,978

v12 sports & classics ltd 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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V12 Sports & Classics Ltd Competitor Analysis

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Perform a competitor analysis for v12 sports & classics ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in LE10 area or any other competitors across 12 key performance metrics.

v12 sports & classics ltd Ownership

V12 SPORTS & CLASSICS LTD group structure

V12 Sports & Classics Ltd has no subsidiary companies.

Ultimate parent company

V12 SPORTS & CLASSICS LTD

05861786

V12 SPORTS & CLASSICS LTD Shareholders

mr farhad tailor 100%

v12 sports & classics ltd directors

V12 Sports & Classics Ltd currently has 3 directors. The longest serving directors include Mr Farhad Tailor (Jun 2006) and Ms Asiya Shaikh (Nov 2014).

officercountryagestartendrole
Mr Farhad TailorUnited Kingdom47 years Jun 2006- Director
Ms Asiya Shaikh45 years Nov 2014- Director
Mr Gary WoodsEngland62 years Feb 2018- Director

P&L

December 2023

turnover

195.5m

+18%

operating profit

2.9m

+62%

gross margin

4.7%

+8.29%

turnover

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

Balance Sheet

December 2023

net assets

4.9m

-0.03%

total assets

45.9m

+0.13%

cash

2.9m

-0.09%

net assets

Total assets minus all liabilities

v12 sports & classics ltd company details

company number

05861786

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

June 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

December 2023

previous names

viz sports & classics limited (July 2006)

accountant

-

auditor

BURROWS SCARBOROUGH LIMITED

address

unit 23 harrowbrook road, harrowbrook road, hinckley, leicestershire, LE10 3DJ

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

v12 sports & classics 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 v12 sports & classics ltd.

v12 sports & classics ltd 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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v12 sports & classics ltd Companies House Filings - See Documents

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