right bros limited
right bros limited Company Information
Company Number
06369503
Website
-Registered Address
7 amwell view, 591a new north road, hainault, essex, IG6 3TA
Industry
Sale of used cars and light motor vehicles
Telephone
01268761999
Next Accounts Due
December 2024
Group Structure
View All
Directors
Richard Wright7 Years
Shareholders
richard wright 100%
right bros limited Estimated Valuation
Pomanda estimates the enterprise value of RIGHT BROS LIMITED at £359.7k based on a Turnover of £1.9m and 0.18x industry multiple (adjusted for size and gross margin).
right bros limited Estimated Valuation
Pomanda estimates the enterprise value of RIGHT BROS LIMITED at £0 based on an EBITDA of £-5.7k and a 2.86x industry multiple (adjusted for size and gross margin).
right bros limited Estimated Valuation
Pomanda estimates the enterprise value of RIGHT BROS LIMITED at £169.6k based on Net Assets of £63.4k and 2.67x industry multiple (adjusted for liquidity).
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Right Bros Limited Overview
Right Bros Limited is a live company located in hainault, IG6 3TA with a Companies House number of 06369503. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in September 2007, it's largest shareholder is richard wright with a 100% stake. Right Bros Limited is a established, small sized company, Pomanda has estimated its turnover at £1.9m with low growth in recent years.
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Right Bros Limited Health Check
Pomanda's financial health check has awarded Right Bros Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£3.1m)
- Right Bros Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.9%)
- Right Bros Limited
7.9% - Industry AVG
Production
with a gross margin of 6.9%, this company has a higher cost of product (11.2%)
- Right Bros Limited
11.2% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (2.9%)
- Right Bros Limited
2.9% - Industry AVG
Employees
with 4 employees, this is below the industry average (7)
4 - Right Bros Limited
7 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
- Right Bros Limited
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £486.6k, this is equally as efficient (£463.6k)
- Right Bros Limited
£463.6k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (8 days)
- Right Bros Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (15 days)
- Right Bros Limited
15 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Right Bros Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Right Bros 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 (68.4%)
81.4% - Right Bros Limited
68.4% - Industry AVG
right bros limited Credit Report and Business Information
Right Bros Limited Competitor Analysis
Perform a competitor analysis for right bros limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
right bros limited Ownership
RIGHT BROS LIMITED group structure
Right Bros Limited has no subsidiary companies.
Ultimate parent company
RIGHT BROS LIMITED
06369503
right bros limited directors
Right Bros Limited currently has 1 director, Mr Richard Wright serving since Apr 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Wright | England | 46 years | Apr 2017 | - | Director |
RIGHT BROS LIMITED financials
Right Bros Limited's latest turnover from March 2023 is estimated at £1.9 million and the company has net assets of £63.4 thousand. According to their latest financial statements, Right Bros Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | 962 | 829 | ||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 11,173 | 13,966 | 10,920 | 5,505 | 6,881 | 5,928 | 6,962 | 4,009 | 4,180 | 3,961 | 2,998 | 1,258 | 657 | 21 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 11,173 | 13,966 | 10,920 | 5,505 | 6,881 | 5,928 | 6,962 | 4,009 | 4,180 | 3,961 | 2,998 | 1,258 | 657 | 21 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 124,895 | 84,374 | 101,374 | 71,374 | 56,374 | 57,432 | 47,531 | 21,488 |
| Trade Debtors | 329,295 | 315,299 | 393,241 | 390,777 | 397,517 | 287,122 | 0 | 12,000 | 12,000 | 12,000 | 0 | 0 | 0 | 0 |
| Group Debtors | 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 | 6,980 | 7,644 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 97,475 | 67,377 | 55,399 | 51,477 | 33,317 | 8,990 | 14,736 | 8,522 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 329,295 | 315,299 | 393,241 | 390,777 | 397,517 | 287,122 | 222,370 | 163,751 | 168,773 | 134,851 | 96,671 | 74,066 | 62,267 | 30,010 |
| total assets | 340,468 | 329,265 | 404,161 | 396,282 | 404,398 | 293,050 | 229,332 | 167,760 | 172,953 | 138,812 | 99,669 | 75,324 | 62,924 | 30,031 |
| Bank overdraft | 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 |
| Trade Creditors | 277,026 | 260,160 | 275,052 | 229,923 | 228,092 | 133,509 | 105,376 | 70,027 | 28,546 | 23,811 | 23,986 | 21,838 | 9,964 | 9,819 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70,845 | 75,103 | 11,696 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 75,052 | 73,044 | 65,492 | 0 | 0 | 0 |
| total current liabilities | 277,026 | 260,160 | 275,052 | 229,923 | 228,092 | 133,509 | 105,376 | 70,027 | 103,598 | 96,855 | 89,478 | 92,683 | 85,067 | 21,515 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 277,026 | 260,160 | 275,052 | 229,923 | 228,092 | 133,509 | 105,376 | 70,027 | 103,598 | 96,855 | 89,478 | 92,683 | 85,067 | 21,515 |
| net assets | 63,442 | 69,105 | 129,109 | 166,359 | 176,306 | 159,541 | 123,956 | 97,733 | 69,355 | 41,957 | 10,191 | -17,359 | -22,143 | 8,516 |
| total shareholders funds | 63,442 | 69,105 | 129,109 | 166,359 | 176,306 | 159,541 | 123,956 | 97,733 | 69,355 | 41,957 | 10,191 | -17,359 | -22,143 | 8,516 |
| 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 | ||||||||||||||
| Depreciation | 1,741 | 1,002 | 1,045 | 990 | 750 | 315 | 164 | 5 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -124,895 | 40,521 | -17,000 | 30,000 | 15,000 | -1,058 | 9,901 | 26,043 | 21,488 |
| Debtors | 13,996 | -77,942 | 2,464 | -6,740 | 110,395 | 287,122 | -12,000 | 0 | 0 | 5,020 | -664 | 7,644 | 0 | 0 |
| Creditors | 16,866 | -14,892 | 45,129 | 1,831 | 94,583 | 28,133 | 35,349 | 41,481 | 4,735 | -175 | 2,148 | 11,874 | 145 | 9,819 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -75,052 | 2,008 | 7,552 | 65,492 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | -70,845 | -4,258 | 63,407 | 11,696 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -97,475 | 30,098 | 11,978 | 3,922 | 18,160 | 24,327 | -5,746 | 6,214 | 8,522 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -97,475 | 30,098 | 11,978 | 3,922 | 18,160 | 24,327 | -5,746 | 6,214 | 8,522 |
P&L
March 2023turnover
1.9m
+5%
operating profit
-5.7k
0%
gross margin
6.9%
-4.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
63.4k
-0.08%
total assets
340.5k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
right bros limited company details
company number
06369503
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
September 2007
age
17
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
7 amwell view, 591a new north road, hainault, essex, IG6 3TA
last accounts submitted
March 2023
right bros 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 right bros limited.
right bros limited Companies House Filings - See Documents
| date | description | view/download |
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