wheel brokers uk ltd

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wheel brokers uk ltd Company Information

Share WHEEL BROKERS UK LTD

Company Number

06081909

Shareholders

mark andrew ewington

samantha ewington

Group Structure

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Industry

Wholesale trade of motor vehicle parts and accessories

 

Registered Address

unit 12 dencora way, luton, LU3 3HP

wheel brokers uk ltd Estimated Valuation

£42.6k

Pomanda estimates the enterprise value of WHEEL BROKERS UK LTD at £42.6k based on a Turnover of £148.9k and 0.29x industry multiple (adjusted for size and gross margin).

wheel brokers uk ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of WHEEL BROKERS UK LTD at £0 based on an EBITDA of £-4.8k and a 3.31x industry multiple (adjusted for size and gross margin).

wheel brokers uk ltd Estimated Valuation

£289.8k

Pomanda estimates the enterprise value of WHEEL BROKERS UK LTD at £289.8k based on Net Assets of £113.4k and 2.56x industry multiple (adjusted for liquidity).

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Wheel Brokers Uk Ltd Overview

Wheel Brokers Uk Ltd is a live company located in luton, LU3 3HP with a Companies House number of 06081909. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in February 2007, it's largest shareholder is mark andrew ewington with a 50% stake. Wheel Brokers Uk Ltd is a established, micro sized company, Pomanda has estimated its turnover at £148.9k with declining growth in recent years.

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Wheel Brokers Uk Ltd Health Check

Pomanda's financial health check has awarded Wheel Brokers Uk Ltd a 2 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 Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £148.9k, make it smaller than the average company (£16.3m)

£148.9k - Wheel Brokers Uk Ltd

£16.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (11.2%)

-26% - Wheel Brokers Uk Ltd

11.2% - Industry AVG

production

Production

with a gross margin of 28.2%, this company has a comparable cost of product (28.2%)

28.2% - Wheel Brokers Uk Ltd

28.2% - Industry AVG

profitability

Profitability

an operating margin of -32.4% make it less profitable than the average company (5.9%)

-32.4% - Wheel Brokers Uk Ltd

5.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (52)

1 - Wheel Brokers Uk Ltd

52 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.9k, the company has an equivalent pay structure (£37.9k)

£37.9k - Wheel Brokers Uk Ltd

£37.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £148.9k, this is less efficient (£291.1k)

£148.9k - Wheel Brokers Uk Ltd

£291.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 29 days, this is earlier than average (50 days)

29 days - Wheel Brokers Uk Ltd

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 123 days, this is slower than average (44 days)

123 days - Wheel Brokers Uk Ltd

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 219 days, this is more than average (99 days)

219 days - Wheel Brokers Uk Ltd

99 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is average cash available to meet short term requirements (10 weeks)

8 weeks - Wheel Brokers Uk Ltd

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 82%, this is a higher level of debt than the average (50.8%)

82% - Wheel Brokers Uk Ltd

50.8% - Industry AVG

WHEEL BROKERS UK LTD financials

EXPORTms excel logo

Wheel Brokers Uk Ltd's latest turnover from February 2024 is estimated at £148.9 thousand and the company has net assets of £113.4 thousand. According to their latest financial statements, we estimate that Wheel Brokers Uk Ltd has 1 employee and maintains cash reserves of £81.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover148,867357,434162,079365,8077160000000000
Other Income Or Grants000000000000000
Cost Of Sales106,959256,304116,973266,8935260000000000
Gross Profit41,908101,13045,10698,9151890000000000
Admin Expenses90,10714,913-29,33272,447660000000000
Operating Profit-48,19986,21774,43826,4681230000000000
Interest Payable000000000000000
Interest Receivable6,1434,384166000000000000
Pre-Tax Profit-42,05790,60174,60426,4681230000000000
Tax0-17,214-14,175-5,029-230000000000
Profit After Tax-42,05773,38760,42921,4391000000000000
Dividends Paid000000000000000
Retained Profit-42,05773,38760,42921,4391000000000000
Employee Costs37,89469,64533,91665,65432,7300000000000
Number Of Employees121210000000000
EBITDA*-4,801135,021123,24226,4681230000000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets130,186154,57273,455000000000000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets130,186154,57273,455000000000000
Stock & work in progress64,42157,07649,900000000000000
Trade Debtors12,00047,98421,50565,4091000000000000
Group Debtors000000000000000
Misc Debtors341,40679,8920000000000000
Cash81,181152,81966,368000000000000
misc current assets000000000000000
total current assets499,008337,771137,77365,4091000000000000
total assets629,194492,343211,22865,4091000000000000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 36,27383,74335,51643,12000000000000
Group/Directors Accounts437,154217,6590000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities39,56931,00693,644000000000000
total current liabilities512,996332,408129,16043,12000000000000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income2,8004,480075000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities2,8004,480075000000000000
total liabilities515,796336,888129,16043,87000000000000
net assets113,398155,45582,06821,5391000000000000
total shareholders funds113,398155,45582,06821,5391000000000000
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-48,19986,21774,43826,4681230000000000
Depreciation43,39848,80448,804000000000000
Amortisation000000000000000
Tax0-17,214-14,175-5,029-230000000000
Stock7,3457,17649,900000000000000
Debtors225,530106,371-43,90465,3091000000000000
Creditors-47,47048,227-7,60443,12000000000000
Accruals and Deferred Income6,883-58,15892,89475000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-278,263-5,671188,361000000000000
Investing Activities
capital expenditure-19,012-129,921-122,259000000000000
Change in Investments000000000000000
cash flow from investments-19,012-129,921-122,259000000000000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts219,495217,6590000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00100000000000000
interest6,1434,384166000000000000
cash flow from financing225,638222,043266000000000000
cash and cash equivalents
cash-71,63886,45166,368000000000000
overdraft000000000000000
change in cash-71,63886,45166,368000000000000

wheel brokers uk 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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Wheel Brokers Uk Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wheel brokers uk ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in LU3 area or any other competitors across 12 key performance metrics.

wheel brokers uk ltd Ownership

WHEEL BROKERS UK LTD group structure

Wheel Brokers Uk Ltd has no subsidiary companies.

Ultimate parent company

WHEEL BROKERS UK LTD

06081909

WHEEL BROKERS UK LTD Shareholders

mark andrew ewington 50%
samantha ewington 50%

wheel brokers uk ltd directors

Wheel Brokers Uk Ltd currently has 2 directors. The longest serving directors include Mr Mark Ewington (Feb 2007) and Mrs Samantha Ewington (Feb 2007).

officercountryagestartendrole
Mr Mark EwingtonUnited Kingdom54 years Feb 2007- Director
Mrs Samantha EwingtonUnited Kingdom48 years Feb 2007- Director

P&L

February 2024

turnover

148.9k

-58%

operating profit

-48.2k

0%

gross margin

28.2%

-0.5%

turnover

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

Balance Sheet

February 2024

net assets

113.4k

-0.27%

total assets

629.2k

+0.28%

cash

81.2k

-0.47%

net assets

Total assets minus all liabilities

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wheel brokers uk ltd company details

company number

06081909

Type

Private limited with Share Capital

industry

45310 - Wholesale trade of motor vehicle parts and accessories

incorporation date

February 2007

age

18

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

STOTEN GILLAM LTD

auditor

-

address

unit 12 dencora way, luton, LU3 3HP

Bank

-

Legal Advisor

-

wheel brokers uk 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 wheel brokers uk ltd.

wheel brokers uk 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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wheel brokers uk ltd Companies House Filings - See Documents

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