ben hodgson cars limited Company Information
Company Number
06263945
Website
www.benhodgsoncars.co.ukRegistered Address
bridge end service station, bridge end, carlisle, cumbria, CA5 7BH
Industry
Sale of used cars and light motor vehicles
Maintenance and repair of motor vehicles
Telephone
01228710491
Next Accounts Due
February 2025
Group Structure
View All
Directors
Benjamin Hodgson16 Years
Shareholders
benjamin ian hodgson 100%
ben hodgson cars limited Estimated Valuation
Pomanda estimates the enterprise value of BEN HODGSON CARS LIMITED at £2.2m based on a Turnover of £8m and 0.28x industry multiple (adjusted for size and gross margin).
ben hodgson cars limited Estimated Valuation
Pomanda estimates the enterprise value of BEN HODGSON CARS LIMITED at £3m based on an EBITDA of £788.8k and a 3.82x industry multiple (adjusted for size and gross margin).
ben hodgson cars limited Estimated Valuation
Pomanda estimates the enterprise value of BEN HODGSON CARS LIMITED at £12.4m based on Net Assets of £4.5m and 2.73x industry multiple (adjusted for liquidity).
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Ben Hodgson Cars Limited Overview
Ben Hodgson Cars Limited is a live company located in carlisle, CA5 7BH with a Companies House number of 06263945. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in May 2007, it's largest shareholder is benjamin ian hodgson with a 100% stake. Ben Hodgson Cars Limited is a established, mid sized company, Pomanda has estimated its turnover at £8m with healthy growth in recent years.
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Ben Hodgson Cars Limited Health Check
Pomanda's financial health check has awarded Ben Hodgson Cars Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £8m, make it larger than the average company (£1.6m)
- Ben Hodgson Cars Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.2%)
- Ben Hodgson Cars Limited
7.2% - Industry AVG
Production
with a gross margin of 22.6%, this company has a comparable cost of product (22.6%)
- Ben Hodgson Cars Limited
22.6% - Industry AVG
Profitability
an operating margin of 9.7% make it more profitable than the average company (4.1%)
- Ben Hodgson Cars Limited
4.1% - Industry AVG
Employees
with 8 employees, this is above the industry average (6)
8 - Ben Hodgson Cars Limited
6 - Industry AVG
Pay Structure
on an average salary of £28.4k, the company has an equivalent pay structure (£28.4k)
- Ben Hodgson Cars Limited
£28.4k - Industry AVG
Efficiency
resulting in sales per employee of £995.8k, this is more efficient (£281.3k)
- Ben Hodgson Cars Limited
£281.3k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (24 days)
- Ben Hodgson Cars Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (28 days)
- Ben Hodgson Cars Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 165 days, this is more than average (43 days)
- Ben Hodgson Cars Limited
43 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 73 weeks, this is more cash available to meet short term requirements (12 weeks)
73 weeks - Ben Hodgson Cars Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.2%, this is a lower level of debt than the average (67.4%)
10.2% - Ben Hodgson Cars Limited
67.4% - Industry AVG
ben hodgson cars limited Credit Report and Business Information
Ben Hodgson Cars Limited Competitor Analysis
Perform a competitor analysis for ben hodgson cars limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ben hodgson cars limited Ownership
BEN HODGSON CARS LIMITED group structure
Ben Hodgson Cars Limited has no subsidiary companies.
Ultimate parent company
BEN HODGSON CARS LIMITED
06263945
ben hodgson cars limited directors
Ben Hodgson Cars Limited currently has 1 director, Mr Benjamin Hodgson serving since May 2007.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Benjamin Hodgson | 42 years | May 2007 | - | Director |
BEN HODGSON CARS LIMITED financials
Ben Hodgson Cars Limited's latest turnover from May 2023 is estimated at £8 million and the company has net assets of £4.5 million. According to their latest financial statements, Ben Hodgson Cars Limited has 8 employees and maintains cash reserves of £666 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | 3,377 | 591 | ||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 8 | 11 | 10 | 13 | 11 | 10 | 10 | 9 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 1,482,013 | 1,499,672 | 1,377,999 | 935,350 | 608,464 | 559,450 | 572,214 | 374,011 | 85,146 | 93,580 | 79,729 | 24,776 | 32,207 | 45,079 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 |
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 | 1,482,013 | 1,499,672 | 1,377,999 | 935,350 | 608,464 | 559,450 | 572,214 | 374,011 | 85,146 | 93,580 | 79,729 | 24,776 | 32,207 | 47,079 |
Stock & work in progress | 2,798,701 | 2,566,080 | 1,758,264 | 1,624,390 | 1,345,493 | 769,498 | 718,924 | 673,223 | 557,982 | 555,264 | 384,740 | 227,847 | 151,143 | 69,659 |
Trade Debtors | 92,847 | 69,255 | 105,367 | 103,166 | 80,040 | 75,567 | 12,440 | 34,839 | 61,339 | 60,831 | 319,195 | 50,557 | 41,801 | 30,081 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 12,275 | 21,531 | 17,350 | 27,650 | 19,132 | 64,515 | 10,767 | 11,578 | 0 | 0 | 0 | 0 | 2,315 | 0 |
Cash | 665,972 | 769,964 | 726,750 | 390,912 | 515,863 | 410,649 | 167,745 | 208,279 | 310,821 | 185,720 | 20,359 | 48,169 | 72,697 | 69,933 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,569,795 | 3,426,830 | 2,607,731 | 2,146,118 | 1,960,528 | 1,320,229 | 909,876 | 927,919 | 930,142 | 801,815 | 724,294 | 326,573 | 267,956 | 169,673 |
total assets | 5,051,808 | 4,926,502 | 3,985,730 | 3,081,468 | 2,568,992 | 1,879,679 | 1,482,090 | 1,301,930 | 1,015,288 | 895,395 | 804,023 | 351,349 | 300,163 | 216,752 |
Bank overdraft | 69,250 | 178,000 | 178,000 | 303,333 | 125,000 | 61,667 | 100,000 | 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 | 94,689 | 255,484 | 139,468 | 36,353 | 105,210 | 61,434 | 44,004 | 59,015 | 166,554 | 196,799 | 397,616 | 97,132 | 129,791 | 83,180 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 507 | 0 | 0 | 0 | 0 | 0 | 5,286 |
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 | 11,121 | 0 | 0 | 0 | 0 | 1,432 | 1,432 |
other current liabilities | 306,224 | 433,405 | 425,720 | 299,653 | 310,951 | 176,442 | 128,888 | 161,413 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 470,163 | 866,889 | 743,188 | 639,339 | 541,161 | 299,543 | 272,892 | 232,056 | 166,554 | 196,799 | 397,616 | 97,132 | 131,223 | 89,898 |
loans | 0 | 5,177 | 292,484 | 262,337 | 102,294 | 85,976 | 94,672 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,954 | 0 | 0 | 0 | 0 | 797 | 2,228 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 20,064 | 89,336 | 0 | 0 | 0 | 0 | 0 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 25,185 | 24,459 | 14,240 | 13,399 | 9,427 | 10,716 | 8,611 | 8,751 | 6,588 | 8,016 | 5,244 | 3,863 | 5,321 | 7,690 |
total long term liabilities | 45,249 | 118,972 | 306,724 | 275,736 | 111,721 | 96,692 | 103,283 | 69,705 | 6,588 | 8,016 | 5,244 | 3,863 | 6,118 | 9,918 |
total liabilities | 515,412 | 985,861 | 1,049,912 | 915,075 | 652,882 | 396,235 | 376,175 | 301,761 | 173,142 | 204,815 | 402,860 | 100,995 | 137,341 | 99,816 |
net assets | 4,536,396 | 3,940,641 | 2,935,818 | 2,166,393 | 1,916,110 | 1,483,444 | 1,105,915 | 1,000,169 | 842,146 | 690,580 | 401,163 | 250,354 | 162,822 | 116,936 |
total shareholders funds | 4,536,396 | 3,940,641 | 2,935,818 | 2,166,393 | 1,916,110 | 1,483,444 | 1,105,915 | 1,000,169 | 842,146 | 690,580 | 401,163 | 250,354 | 162,822 | 116,936 |
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 | 13,484 | 19,365 | 16,838 | 14,852 | 14,818 | 17,853 | 24,182 | 1,869 | 10,862 | 13,352 | 8,609 | 5,994 | 8,234 | 12,179 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 2,001 |
Tax | ||||||||||||||
Stock | 232,621 | 807,816 | 133,874 | 278,897 | 575,995 | 50,574 | 45,701 | 115,241 | 2,718 | 170,524 | 156,893 | 76,704 | 81,484 | 69,659 |
Debtors | 14,336 | -31,931 | -8,099 | 31,644 | -40,910 | 116,875 | -23,210 | -14,922 | 508 | -258,364 | 268,638 | 6,441 | 14,035 | 30,081 |
Creditors | -160,795 | 116,016 | 103,115 | -68,857 | 43,776 | 17,430 | -15,011 | -107,539 | -30,245 | -200,817 | 300,484 | -32,659 | 46,611 | 83,180 |
Accruals and Deferred Income | -127,181 | 7,685 | 126,067 | -11,298 | 134,509 | 47,554 | -32,525 | 161,413 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 726 | 10,219 | 841 | 3,972 | -1,289 | 2,105 | -140 | 2,163 | -1,428 | 2,772 | 1,381 | -1,458 | -2,369 | 7,690 |
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 | -507 | 507 | 0 | 0 | 0 | 0 | -5,286 | 5,286 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -5,177 | -287,307 | 30,147 | 160,043 | 16,318 | -8,696 | 94,672 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | -32,075 | 32,075 | 0 | 0 | 0 | -2,229 | -1,431 | 3,660 |
other long term liabilities | -69,272 | 89,336 | 0 | 0 | 0 | 0 | -40,000 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -103,992 | 43,214 | 335,838 | -124,951 | 105,214 | 242,904 | -40,534 | -102,542 | 125,101 | 165,361 | -27,810 | -24,528 | 2,764 | 69,933 |
overdraft | -108,750 | 0 | -125,333 | 178,333 | 63,333 | -38,333 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 4,758 | 43,214 | 461,171 | -303,284 | 41,881 | 281,237 | -140,534 | -102,542 | 125,101 | 165,361 | -27,810 | -24,528 | 2,764 | 69,933 |
P&L
May 2023turnover
8m
-1%
operating profit
775.3k
0%
gross margin
22.6%
+0.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
4.5m
+0.15%
total assets
5.1m
+0.03%
cash
666k
-0.14%
net assets
Total assets minus all liabilities
ben hodgson cars limited company details
company number
06263945
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
45200 - Maintenance and repair of motor vehicles
incorporation date
May 2007
age
17
accounts
Total Exemption Full
ultimate parent company
previous names
ben hodgson quality car sales limited (May 2008)
incorporated
UK
address
bridge end service station, bridge end, carlisle, cumbria, CA5 7BH
last accounts submitted
May 2023
ben hodgson cars 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 found 1 charges/mortgages relating to ben hodgson cars limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ben hodgson cars limited Companies House Filings - See Documents
date | description | view/download |
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