M I D Motor Company Limited

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m i d motor company limited Company Information

Live

EstablishedSmallHealthy

Company Number

06048702

Next Accounts

Dec 2025

Industry

Maintenance and repair of motor vehicles

Directors

Ian Drury

Shareholders

ian michael drury

jill drury

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Group Structure

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Contact

Registered Address

1 john william street, cleckheaton, west yorkshire, BD19 3QU

Website

www.midmotorcompany.co.uk

m i d motor company limited Estimated Valuation

£402.7k

Pomanda estimates the enterprise value of M I D MOTOR COMPANY LIMITED at £402.7k based on Net Assets of £134k and 3.01x industry multiple (adjusted for liquidity).

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M I D Motor Company Limited is a live company located in west yorkshire, BD19 3QU with a Companies House number of 06048702. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in January 2007, it's largest shareholder is ian michael drury with a 56.8% stake. M I D Motor Company Limited is a established, small sized company, Pomanda has estimated its turnover at £563.3k with healthy growth in recent years.

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Pomanda's financial health check has awarded M I D Motor Company Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

3 Strong

3 Regular

4 Weak

Size

annual sales of £563.3k, make it larger than the average company (£371.4k)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (12.4%)

EXPORT

M I D Motor Company Limited's latest turnover from March 2024 is estimated at £563.3 thousand and the company has net assets of £134 thousand. According to their latest financial statements, M I D Motor Company Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	563,276	482,995	567,280	492,369	406,568	382,070	333,351	370,088	139,852	123,330	116,688	240,292	289,194	312,707	303,229
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	439,394	375,913	454,689	385,707	308,857	288,594	242,755	268,006	100,193	89,152	83,410	170,398	202,505	215,964	211,092
Gross Profit	123,882	107,081	112,591	106,662	97,711	93,476	90,596	102,082	39,660	34,179	33,278	69,894	86,688	96,742	92,137
Admin Expenses	124,253	118,573	78,995	59,597	91,737	55,874	47,502	89,800	51,226	50,060	31,461	58,825	108,843	100,820	31,868
Operating Profit	-371	-11,492	33,596	47,065	5,974	37,602	43,094	12,282	-11,566	-15,881	1,817	11,069	-22,155	-4,078	60,269
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	58	187	120	93	123	184	182	75
Pre-Tax Profit	-371	-11,492	33,596	47,065	5,974	37,602	43,094	12,340	-11,379	-15,761	1,910	11,192	-21,971	-3,896	60,344
Tax	0	0	-6,383	-8,942	-1,135	-7,144	-8,188	-2,468	0	0	-439	-2,686	0	0	-16,896
Profit After Tax	-371	-11,492	27,213	38,123	4,839	30,458	34,906	9,872	-11,379	-15,761	1,471	8,506	-21,971	-3,896	43,448
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-371	-11,492	27,213	38,123	4,839	30,458	34,906	9,872	-11,379	-15,761	1,471	8,506	-21,971	-3,896	43,448
Employee Costs	179,493	162,740	162,433	157,936	164,853	143,199	135,330	81,311	26,455	26,616	26,482	52,932	74,944	73,265	72,044
Number Of Employees	6	6	6	6	6	5	5	3	1	1	1	2	3	3	3
EBITDA*	-371	-11,492	33,596	47,065	5,974	37,602	43,094	12,282	1,264	-2,661	16,396	25,488	-8,806	9,713	69,104

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	34,575	38,351	44,706	42,646	20,402	24,451	12,899	13,070	14,369	15,542	19,613	19,135	15,922	17,252	3,341
Intangible Assets	0	0	0	0	0	0	0	0	8,045	16,085	24,125	32,165	40,205	48,245	56,285
Investments & Other	0	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	0
Total Fixed Assets	34,575	38,351	44,706	42,646	20,402	24,451	12,899	13,070	22,414	31,627	43,738	51,300	56,127	65,497	59,626
Stock & work in progress	0	0	0	0	0	0	0	0	3,980	3,525	3,340	3,270	3,820	4,140	5,510
Trade Debtors	168,137	156,115	183,783	156,965	106,711	105,043	85,456	75,915	17,004	17,033	17,892	42,327	45,672	50,293	46,544
Group Debtors	0	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	0
Cash	0	0	0	0	0	0	0	0	46,085	28,891	18,982	18,201	30,944	42,484	30,167
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	168,137	156,115	183,783	156,965	106,711	105,043	85,456	75,915	67,069	49,449	40,214	63,798	80,436	96,917	82,221
total assets	202,712	194,466	228,489	199,611	127,113	129,494	98,355	88,985	89,483	81,076	83,952	115,098	136,563	162,414	141,847
Bank overdraft	0	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	0
Trade Creditors	68,746	45,651	63,336	50,995	46,620	53,840	53,159	78,695	85,275	65,270	51,592	84,330	114,962	118,887	96,967
Group/Directors Accounts	0	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	0
hp & lease commitments	0	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	0
total current liabilities	68,746	45,651	63,336	50,995	46,620	53,840	53,159	78,695	85,275	65,270	51,592	84,330	114,962	118,887	96,967
loans	0	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	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	14,478	19,324	30,000	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	2,790	3,009	3,802	3,681	3,020	2,975	432
total long term liabilities	0	14,478	19,324	30,000	0	0	0	0	2,790	3,009	3,802	3,681	3,020	2,975	432
total liabilities	68,746	60,129	82,660	80,995	46,620	53,840	53,159	78,695	88,065	68,279	55,394	88,011	117,982	121,862	97,399
net assets	133,966	134,337	145,829	118,616	80,493	75,654	45,196	10,290	1,418	12,797	28,558	27,087	18,581	40,552	44,448
total shareholders funds	133,966	134,337	145,829	118,616	80,493	75,654	45,196	10,290	1,418	12,797	28,558	27,087	18,581	40,552	44,448

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	-371	-11,492	33,596	47,065	5,974	37,602	43,094	12,282	-11,566	-15,881	1,817	11,069	-22,155	-4,078	60,269
Depreciation	0	0	0	0	0	0	0	0	4,790	5,180	6,539	6,379	5,309	5,751	795
Amortisation	0	0	0	0	0	0	0	0	8,040	8,040	8,040	8,040	8,040	8,040	8,040
Tax	0	0	-6,383	-8,942	-1,135	-7,144	-8,188	-2,468	0	0	-439	-2,686	0	0	-16,896
Stock	0	0	0	0	0	0	0	-3,980	455	185	70	-550	-320	-1,370	5,510
Debtors	12,022	-27,668	26,818	50,254	1,668	19,587	9,541	58,911	-29	-859	-24,435	-3,345	-4,621	3,749	46,544
Creditors	23,095	-17,685	12,341	4,375	-7,220	681	-25,536	-6,580	20,005	13,678	-32,738	-30,632	-3,925	21,920	96,967
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	-2,790	-219	-793	121	661	45	2,543	432
Cash flow from operations	10,702	-1,509	12,736	-7,756	-4,049	11,552	-171	-54,487	20,624	10,898	7,705	-3,274	-7,745	31,797	97,553
Investing Activities
capital expenditure	3,776	6,355	-2,060	-22,244	4,049	-11,552	171	9,344	-3,617	-1,109	-7,017	-9,592	-3,979	-19,662	-68,461
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	3,776	6,355	-2,060	-22,244	4,049	-11,552	171	9,344	-3,617	-1,109	-7,017	-9,592	-3,979	-19,662	-68,461
Financing Activities
Bank loans	0	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	0
Other Short Term Loans	0	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	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-14,478	-4,846	-10,676	30,000	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	-1,000	0	0	0	0	0	0	1,000
interest	0	0	0	0	0	0	0	58	187	120	93	123	184	182	75
cash flow from financing	-14,478	-4,846	-10,676	30,000	0	0	0	-942	187	120	93	123	184	182	1,075
cash and cash equivalents
cash	0	0	0	0	0	0	0	-46,085	17,194	9,909	781	-12,743	-11,540	12,317	30,167
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0	-46,085	17,194	9,909	781	-12,743	-11,540	12,317	30,167

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for m i d motor company 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 BD19 area or any other competitors across 12 key performance metrics.

M I D MOTOR COMPANY LIMITED group structure

M I D Motor Company Limited has no subsidiary companies.

Ultimate parent company

M I D MOTOR COMPANY LIMITED

06048702

M I D MOTOR COMPANY LIMITED Shareholders

ian michael drury	56.82%
jill drury	22.73%
sharon louise stott	11.36%
ian drury	9.09%

M I D Motor Company Limited currently has 1 director, Mr Ian Drury serving since Jan 2007.

officer	country	age	start	end	role
Mr Ian Drury	United Kingdom	53 years	Jan 2007	-	Director

P&L

March 2024

turnover

563.3k

+17%

operating profit

-371

gross margin

22%

-0.8%

turnover

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

Balance Sheet

March 2024

net assets

134k

total assets

202.7k

+0.04%

cash

net assets

Total assets minus all liabilities

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2.5

company number

06048702

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

January 2007

ultimate parent company

None

previous names

N/A

address

1 john william street, cleckheaton, west yorkshire, BD19 3QU

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.

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m i d motor company limited Company Information

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m i d motor company limited Estimated Valuation

m i d motor company limited Estimated Valuation

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M I D MOTOR COMPANY LIMITED financials

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