ray's garage limited
ray's garage limited Company Information
Company Number
05866228
Next Accounts
Feb 2026
Shareholders
transiair kool ltd
Group Structure
View All
Industry
Maintenance and repair of motor vehicles
Registered Address
somersham road, pidley, huntingdon, cambridgeshire, PE28 3DG
Website
www.raysgarage.co.ukray's garage limited Estimated Valuation
Pomanda estimates the enterprise value of RAY'S GARAGE LIMITED at £139.9k based on a Turnover of £680.8k and 0.21x industry multiple (adjusted for size and gross margin).
ray's garage limited Estimated Valuation
Pomanda estimates the enterprise value of RAY'S GARAGE LIMITED at £0 based on an EBITDA of £-6.4k and a 3.07x industry multiple (adjusted for size and gross margin).
ray's garage limited Estimated Valuation
Pomanda estimates the enterprise value of RAY'S GARAGE LIMITED at £121.2k based on Net Assets of £42.7k and 2.84x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ray's Garage Limited Overview
Ray's Garage Limited is a live company located in huntingdon, PE28 3DG with a Companies House number of 05866228. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in July 2006, it's largest shareholder is transiair kool ltd with a 100% stake. Ray's Garage Limited is a established, small sized company, Pomanda has estimated its turnover at £680.8k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ray's Garage Limited Health Check
Pomanda's financial health check has awarded Ray'S Garage Limited a 3 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
4 Strong
1 Regular
5 Weak
Size
annual sales of £680.8k, make it larger than the average company (£312.8k)
- Ray's Garage Limited
£312.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (13.8%)
- Ray's Garage Limited
13.8% - Industry AVG
Production
with a gross margin of 22.1%, this company has a higher cost of product (35%)
- Ray's Garage Limited
35% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (5.9%)
- Ray's Garage Limited
5.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (5)
3 - Ray's Garage Limited
5 - Industry AVG
Pay Structure
on an average salary of £29.8k, the company has an equivalent pay structure (£29.8k)
- Ray's Garage Limited
£29.8k - Industry AVG
Efficiency
resulting in sales per employee of £226.9k, this is more efficient (£95.6k)
- Ray's Garage Limited
£95.6k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (34 days)
- Ray's Garage Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 128 days, this is slower than average (41 days)
- Ray's Garage Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ray's Garage Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ray's Garage Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.4%, this is a higher level of debt than the average (67.2%)
81.4% - Ray's Garage Limited
67.2% - Industry AVG
RAY'S GARAGE LIMITED financials
Ray'S Garage Limited's latest turnover from May 2024 is estimated at £680.8 thousand and the company has net assets of £42.7 thousand. According to their latest financial statements, Ray'S Garage Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 3 | 3 | 2 | 2 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,916 | 8,031 | 11,103 | 15,458 | 13,392 | 16,464 | 19,536 | 19,670 | 24,588 | 26,674 | 33,342 | 34,283 | 19,307 | 25,745 | 36,757 |
| Intangible Assets | 394 | 1,918 | 3,442 | 4,966 | 6,490 | 8,014 | 9,538 | ||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 30,916 | 8,031 | 11,103 | 15,458 | 13,392 | 16,464 | 19,536 | 19,670 | 24,982 | 28,592 | 36,784 | 39,249 | 25,797 | 33,759 | 46,295 |
| Stock & work in progress | 1,250 | 1,250 | 1,250 | 1,250 | 1,250 | 1,250 | 1,250 | 2,350 | |||||||
| Trade Debtors | 198,533 | 195,898 | 167,946 | 108,033 | 73,646 | 68,329 | 54,651 | 40,992 | 72,602 | 60,277 | 45,816 | 37,687 | 64,292 | 48,727 | 39,702 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 1,594 | 632 | 241 | 977 | |||||||||||
| misc current assets | |||||||||||||||
| total current assets | 198,533 | 195,898 | 167,946 | 108,033 | 73,646 | 68,329 | 54,651 | 43,836 | 74,484 | 61,768 | 47,066 | 38,937 | 65,542 | 49,977 | 43,029 |
| total assets | 229,449 | 203,929 | 179,049 | 123,491 | 87,038 | 84,793 | 74,187 | 63,506 | 99,466 | 90,360 | 83,850 | 78,186 | 91,339 | 83,736 | 89,324 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 186,700 | 152,725 | 145,762 | 102,213 | 67,663 | 70,570 | 49,885 | 36,291 | 51,195 | 52,516 | 54,869 | 62,226 | 56,041 | 49,873 | 49,879 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 186,700 | 152,725 | 145,762 | 102,213 | 67,663 | 70,570 | 49,885 | 36,291 | 51,195 | 52,516 | 54,869 | 62,226 | 56,041 | 49,873 | 49,879 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 2,104 | 2,100 | 2,100 | 2,100 | 2,100 | ||||||||||
| provisions | 2,110 | 2,500 | 2,500 | 3,300 | 3,300 | 3,800 | 4,140 | 2,100 | |||||||
| total long term liabilities | 2,104 | 2,110 | 2,500 | 2,500 | 3,100 | 3,300 | 3,300 | 3,800 | 4,140 | 2,100 | 2,100 | 2,100 | 2,100 | 2,100 | |
| total liabilities | 186,700 | 154,829 | 147,872 | 104,713 | 70,163 | 73,670 | 53,185 | 39,591 | 54,995 | 56,656 | 56,969 | 64,326 | 58,141 | 51,973 | 51,979 |
| net assets | 42,749 | 49,100 | 31,177 | 18,778 | 16,875 | 11,123 | 21,002 | 23,915 | 44,471 | 33,704 | 26,881 | 13,860 | 33,198 | 31,763 | 37,345 |
| total shareholders funds | 42,749 | 49,100 | 31,177 | 18,778 | 16,875 | 11,123 | 21,002 | 23,915 | 44,471 | 33,704 | 26,881 | 13,860 | 33,198 | 31,763 | 37,345 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 5,522 | 6,668 | 8,336 | 8,760 | 6,438 | 12,182 | 9,794 | ||||||||
| Amortisation | 1,524 | 1,524 | 1,524 | 1,524 | 1,524 | 1,524 | 1,524 | ||||||||
| Tax | |||||||||||||||
| Stock | -1,250 | -1,100 | 2,350 | ||||||||||||
| Debtors | 2,635 | 27,952 | 59,913 | 34,387 | 5,317 | 13,678 | 13,659 | -31,610 | 12,325 | 14,461 | 8,129 | -26,605 | 15,565 | 9,025 | 39,702 |
| Creditors | 33,975 | 6,963 | 43,549 | 34,550 | -2,907 | 20,685 | 13,594 | -14,904 | -1,321 | -2,353 | -7,357 | 6,185 | 6,168 | -6 | 49,879 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | -2,110 | -390 | 2,500 | -3,300 | -500 | -340 | 2,040 | 2,100 | |||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -2,104 | 2,104 | -2,100 | 2,100 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -1,594 | 962 | 391 | 241 | -977 | 977 | |||||||||
| overdraft | |||||||||||||||
| change in cash | -1,594 | 962 | 391 | 241 | -977 | 977 |
ray's garage limited Credit Report and Business Information
Ray's Garage Limited Competitor Analysis
Perform a competitor analysis for ray's garage 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 PE28 area or any other competitors across 12 key performance metrics.
ray's garage limited Ownership
RAY'S GARAGE LIMITED group structure
Ray'S Garage Limited has no subsidiary companies.
Ultimate parent company
RAY'S GARAGE LIMITED
05866228
ray's garage limited directors
Ray'S Garage Limited currently has 4 directors. The longest serving directors include Mr Paul Edmenson (Jul 2006) and Ms Jane Edmenson (Jul 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Edmenson | 78 years | Jul 2006 | - | Director | |
| Ms Jane Edmenson | 75 years | Jul 2006 | - | Director | |
| Mr Daniel Edmenson | England | 48 years | Oct 2010 | - | Director |
| Mr Vincent O'Sullivan | United Kingdom | 64 years | Jul 2011 | - | Director |
P&L
May 2024turnover
680.8k
+10%
operating profit
-6.4k
0%
gross margin
22.2%
+2.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
42.7k
-0.13%
total assets
229.4k
+0.13%
cash
0
0%
net assets
Total assets minus all liabilities
ray's garage limited company details
company number
05866228
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
July 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
somersham road, pidley, huntingdon, cambridgeshire, PE28 3DG
Bank
-
Legal Advisor
-
ray's garage 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 did not find charges/mortgages relating to ray's garage limited.
ray's garage 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 RAY'S GARAGE LIMITED. This can take several minutes, an email will notify you when this has completed.
ray's garage limited Companies House Filings - See Documents
| date | description | view/download |
|---|
