Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Registered Address
swift house liverpool road, newcastle, staffordshire, ST5 9JJ
Pomanda estimates the enterprise value of AUTO ACCEPT FINANCE LIMITED at £2.6m based on a Turnover of £2.1m and 1.27x industry multiple (adjusted for size and gross margin).
auto accept finance limitedEstimated Valuation
£349.3k
Pomanda estimates the enterprise value of AUTO ACCEPT FINANCE LIMITED at £349.3k based on an EBITDA of £75.4k and a 4.63x industry multiple (adjusted for size and gross margin).
auto accept finance limitedEstimated Valuation
£398.5k
Pomanda estimates the enterprise value of AUTO ACCEPT FINANCE LIMITED at £398.5k based on Net Assets of £210.8k and 1.89x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Auto Accept Finance LimitedOverview
Auto Accept Finance Limited is a live company located in staffordshire, ST5 9JJ with a Companies House number of 06363110. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in September 2007, it's largest shareholder is
derek james neesam
with a 100% stake. Auto Accept Finance Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.1m with
high
growth in recent years.
Pomanda's financial health check has awarded Auto Accept Finance Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£4.9m)
£2.1m - Auto Accept Finance Limited
£4.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (7.3%)
22% - Auto Accept Finance Limited
7.3% - Industry AVG
Production
with a gross margin of 59.1%, this company has a comparable cost of product (59.1%)
59.1% - Auto Accept Finance Limited
59.1% - Industry AVG
Profitability
an operating margin of 3.6% make it less profitable than the average company (17.5%)
3.6% - Auto Accept Finance Limited
17.5% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (5)
4 - Auto Accept Finance Limited
5 - Industry AVG
Pay Structure
on an average salary of £65.2k, the company has an equivalent pay structure (£65.2k)
£65.2k - Auto Accept Finance Limited
£65.2k - Industry AVG
Efficiency
resulting in sales per employee of £514.4k, this is more efficient (£397.4k)
£514.4k - Auto Accept Finance Limited
£397.4k - Industry AVG
Debtor Days
it gets paid by customers after 123 days, this is earlier than average (246 days)
123 days - Auto Accept Finance Limited
246 days - Industry AVG
Creditor Days
its suppliers are paid after 381 days, this is slower than average (20 days)
381 days - Auto Accept Finance Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Auto Accept Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Auto Accept Finance Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.2%, this is a similar level of debt than the average (88.8%)
93.2% - Auto Accept Finance Limited
88.8% - Industry AVG
AUTO ACCEPT FINANCE LIMITED financials
EXPORT
Auto Accept Finance Limited's latest turnover from March 2024 is estimated at £2.1 million and the company has net assets of £210.8 thousand. According to their latest financial statements, Auto Accept Finance Limited has 4 employees and maintains cash reserves of £2 thousand 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
2,057,457
1,503,908
1,264,332
1,129,438
1,588,930
1,227,313
1,183,915
1,120,437
1,132,898
3,400,203
6,113,588
2,814,475
2,408,472
1,988,886
2,053,350
Other Income Or Grants
Cost Of Sales
841,349
511,593
358,498
334,404
488,588
368,256
291,584
315,901
331,089
890,899
2,225,369
903,117
576,542
667,246
517,495
Gross Profit
1,216,108
992,314
905,834
795,034
1,100,342
859,057
892,331
804,536
801,808
2,509,304
3,888,220
1,911,358
1,831,930
1,321,640
1,535,855
Admin Expenses
1,142,086
984,560
906,489
870,045
1,060,446
862,533
919,442
878,550
1,004,054
2,600,647
3,983,958
1,915,004
1,785,053
1,227,921
524,384
Operating Profit
74,022
7,754
-655
-75,011
39,896
-3,476
-27,111
-74,014
-202,246
-91,343
-95,738
-3,646
46,877
93,719
1,011,471
Interest Payable
53,824
46,330
29,413
12,589
12,589
27,861
13,414
Interest Receivable
60
2,678
745
63
58
311
114
31
2
1
Pre-Tax Profit
20,257
-35,898
-29,323
-87,537
27,364
-31,026
-40,412
-73,983
-202,244
-91,342
-95,738
-3,646
46,877
93,719
1,011,471
Tax
-5,064
-5,199
-12,188
-26,241
-283,212
Profit After Tax
15,193
-35,898
-29,323
-87,537
22,165
-31,026
-40,412
-73,983
-202,244
-91,342
-95,738
-3,646
34,689
67,478
728,259
Dividends Paid
Retained Profit
15,193
-35,898
-29,323
-87,537
22,165
-31,026
-40,412
-73,983
-202,244
-91,342
-95,738
-3,646
34,689
67,478
728,259
Employee Costs
260,885
242,161
240,069
227,878
209,553
199,779
187,518
196,358
176,325
552,000
1,029,628
612,537
479,815
338,663
346,067
Number Of Employees
4
4
4
4
4
4
4
4
5
15
29
15
13
11
11
EBITDA*
75,432
8,484
4,806
-69,124
41,248
-2,088
-12,816
-60,460
-188,501
-77,319
-79,849
14,095
65,687
112,870
1,028,206
* 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
2,653
1,334
1,148
1,768
1,990
3,342
2,841
888
924
1,253
6,309
8,865
13,273
7,541
13,358
Intangible Assets
4,250
66,665
79,998
93,331
106,665
119,998
133,331
146,664
159,997
Investments & Other
118,036
118,036
118,036
118,036
88,036
88,036
88,036
Debtors (Due After 1 year)
2,070,110
1,860,241
1,446,788
1,092,856
1,586,235
2,125,888
2,054,737
2,401,470
1,650,185
1,283,974
1,279,493
1,374,187
1,377,874
2,186,907
2,325,221
Total Fixed Assets
2,190,799
1,979,611
1,565,972
1,216,910
1,676,261
2,217,266
2,145,614
2,469,023
1,731,107
1,378,558
1,392,467
1,503,050
1,524,478
2,341,112
2,498,576
Stock & work in progress
Trade Debtors
697,125
704,199
706,364
688,995
811,041
825,984
853,660
692,758
693,157
1,252,074
1,309,142
1,143,494
1,485,846
1,053,081
1,546,432
Group Debtors
Misc Debtors
196,306
267,002
185,072
125,758
104,055
148,182
282,988
356,762
515,727
17,861
67,903
64,787
Cash
1,964
312
125,720
73,005
53,258
61,985
20,903
24,571
290
496
misc current assets
total current assets
895,395
971,513
1,017,156
887,758
968,354
1,036,151
1,157,551
1,074,091
1,209,174
1,270,431
1,309,142
1,211,397
1,485,846
1,117,868
1,546,432
total assets
3,086,194
2,951,124
2,583,128
2,104,668
2,644,615
3,253,417
3,303,165
3,543,114
2,940,281
2,648,989
2,701,609
2,714,447
3,010,324
3,458,980
4,045,008
Bank overdraft
Bank loan
Trade Creditors
879,813
540,094
478,193
484,304
971,471
1,155,645
960,723
3,165
20,924
1,472,196
1,408,474
1,574,062
1,832,525
2,359,638
2,531,790
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,236,384
830,547
1,047,460
573,171
115,865
285,036
53,658
2,673,975
1,951,707
total current liabilities
2,116,197
1,370,641
1,525,653
1,057,475
1,087,336
1,440,681
1,014,381
2,677,140
1,972,631
1,472,196
1,408,474
1,574,062
1,832,525
2,359,638
2,531,790
loans
511,627
445,252
458,752
412,752
412,752
412,752
hp & lease commitments
Accruals and Deferred Income
other liabilities
247,544
939,598
367,192
373,587
1,208,888
1,073,758
1,518,780
136,896
164,589
265,000
290,000
2,001
provisions
6,488
6,488
10,000
41,767
1,029
total long term liabilities
759,171
1,384,850
825,944
786,339
1,208,888
1,486,510
1,931,532
136,896
164,589
271,488
296,488
10,000
43,768
1,029
total liabilities
2,875,368
2,755,491
2,351,597
1,843,814
2,296,224
2,927,191
2,945,913
2,814,036
2,137,220
1,743,684
1,704,962
1,584,062
1,876,293
2,359,638
2,532,819
net assets
210,826
195,633
231,531
260,854
348,391
326,226
357,252
729,078
803,061
905,305
996,647
1,130,385
1,134,031
1,099,342
1,512,189
total shareholders funds
210,826
195,633
231,531
260,854
348,391
326,226
357,252
729,078
803,061
905,305
996,647
1,130,385
1,134,031
1,099,342
1,512,189
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
74,022
7,754
-655
-75,011
39,896
-3,476
-27,111
-74,014
-202,246
-91,343
-95,738
-3,646
46,877
93,719
1,011,471
Depreciation
1,410
730
1,211
1,637
1,352
1,388
962
221
412
690
2,556
4,408
5,477
5,818
3,398
Amortisation
4,250
4,250
13,333
13,333
13,333
13,334
13,333
13,333
13,333
13,333
13,337
Tax
-5,064
-5,199
-12,188
-26,241
-283,212
Stock
Debtors
132,099
493,218
430,615
-593,722
-598,723
-91,331
-259,605
591,921
305,160
-34,726
3,051
-278,136
-441,055
-566,878
3,871,653
Creditors
339,719
61,901
-6,111
-487,167
-184,174
194,922
957,558
-17,759
-1,451,272
63,722
-165,588
-258,463
-527,113
-172,152
2,531,790
Accruals and Deferred Income
405,837
-216,913
474,289
457,306
-169,171
231,378
-2,620,317
722,268
1,951,707
Deferred Taxes & Provisions
-6,488
-3,512
-31,767
41,767
-1,029
1,029
Cash flow from operations
683,825
-639,746
42,369
494,737
281,427
515,543
-1,415,970
52,128
286
21,129
-252,000
2,001
9,208
480,326
-593,840
Investing Activities
capital expenditure
-2,729
-916
-591
-9,915
-1,889
50,417
-185
-83
4,366
-11,209
-1
-190,090
Change in Investments
30,000
88,036
cash flow from investments
-2,729
-916
-591
-39,915
-1,889
-37,619
-185
-83
4,366
-11,209
-1
-190,090
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
66,375
-13,500
46,000
412,752
-412,752
412,752
Hire Purchase and Lease Commitments
other long term liabilities
-692,054
572,406
-6,395
-835,301
135,130
-445,022
1,381,884
-27,693
-100,411
-25,000
290,000
-2,001
2,001
share issue
-331,414
100,000
-38,000
-480,325
783,930
interest
-53,764
-43,652
-28,668
-12,526
-12,531
-27,550
-13,300
31
2
1
cash flow from financing
-679,443
515,254
10,937
-435,075
-290,153
-472,572
1,449,922
-27,662
-409
-24,999
252,000
-2,001
2,001
-480,325
783,930
cash and cash equivalents
cash
1,652
-125,408
52,715
19,747
-8,727
41,082
-3,668
24,281
-206
496
overdraft
change in cash
1,652
-125,408
52,715
19,747
-8,727
41,082
-3,668
24,281
-206
496
auto accept finance limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for auto accept finance limited. Get real-time insights into auto accept finance limited's credit score, group structure and payment trends.
Perform a competitor analysis for auto accept finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in ST5 area or any other competitors across 12 key performance metrics.
auto accept finance limited Ownership
AUTO ACCEPT FINANCE LIMITED group structure
Auto Accept Finance Limited has no subsidiary companies.
Ultimate parent company
AUTO ACCEPT FINANCE LIMITED
06363110
AUTO ACCEPT FINANCE LIMITED Shareholders
The largest shareholders in Auto Accept Finance Limited include Derek James Neesam and Kevin David Neesam.
derek james neesam
99.99%
kevin david neesam
0.01%
nicholas mawson
0%
auto accept finance limited directors
Auto Accept Finance Limited currently has 3 directors.
The longest serving directors include
Mr Nicholas Mawson (Sep 2007) and
Mr Nicholas Mawson (Sep 2007).
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
September 2007
age
18
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
swift house liverpool road, newcastle, staffordshire, ST5 9JJ
Bank
-
Legal Advisor
-
auto accept finance 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 10 charges/mortgages relating to auto accept finance limited. Currently there are 3 open charges and 7 have been satisfied in the past.
auto accept finance 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 AUTO ACCEPT FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
auto accept finance limitedCompanies House Filings - See Documents
