m r automotive ltd Company Information
Company Number
06381059
Website
https://mrautomotive.comRegistered Address
warwick house roydon road, harlow, essex, CM19 5DY
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
autoprotect (mbi) ltd 53.9%
john garrett morter 15.4%
View Allm r automotive ltd Estimated Valuation
Pomanda estimates the enterprise value of M R AUTOMOTIVE LTD at £36.7k based on a Turnover of £92.2k and 0.4x industry multiple (adjusted for size and gross margin).
m r automotive ltd Estimated Valuation
Pomanda estimates the enterprise value of M R AUTOMOTIVE LTD at £0 based on an EBITDA of £-2k and a 3.13x industry multiple (adjusted for size and gross margin).
m r automotive ltd Estimated Valuation
Pomanda estimates the enterprise value of M R AUTOMOTIVE LTD at £0 based on Net Assets of £-236.9k and 0.52x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
M R Automotive Ltd Overview
M R Automotive Ltd is a live company located in essex, CM19 5DY with a Companies House number of 06381059. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2007, it's largest shareholder is autoprotect (mbi) ltd with a 53.8% stake. M R Automotive Ltd is a established, micro sized company, Pomanda has estimated its turnover at £92.2k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
M R Automotive Ltd Health Check
Pomanda's financial health check has awarded M R Automotive Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
3 Strong
![positive_score](/assets/images/scoreRate1.png)
1 Regular
![positive_score](/assets/images/scoreRate0.png)
7 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £92.2k, make it smaller than the average company (£3.8m)
- M R Automotive Ltd
£3.8m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (3%)
- M R Automotive Ltd
3% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 17.4%, this company has a higher cost of product (38.7%)
- M R Automotive Ltd
38.7% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -2.2% make it less profitable than the average company (6.3%)
- M R Automotive Ltd
6.3% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 1 employees, this is below the industry average (24)
- M R Automotive Ltd
24 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £50.5k, the company has an equivalent pay structure (£50.5k)
- M R Automotive Ltd
£50.5k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £92.2k, this is less efficient (£157.9k)
- M R Automotive Ltd
£157.9k - Industry AVG
![debtordays](/assets/images/scoreRate2.png)
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (44 days)
- M R Automotive Ltd
44 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 326 days, this is slower than average (33 days)
- M R Automotive Ltd
33 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M R Automotive Ltd
- - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (24 weeks)
13 weeks - M R Automotive Ltd
24 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 337%, this is a higher level of debt than the average (63.7%)
337% - M R Automotive Ltd
63.7% - Industry AVG
M R AUTOMOTIVE LTD financials
![ms excel logo](/assets/images/ms_excel_logo.png)
M R Automotive Ltd's latest turnover from December 2022 is estimated at £92.2 thousand and the company has net assets of -£236.9 thousand. According to their latest financial statements, we estimate that M R Automotive Ltd has 1 employee and maintains cash reserves of £85.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | ||||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,545 | 8,213 | 280 | 330 | 388 | 456 | 536 |
Intangible Assets | 2,929 | 2,929 | 2,929 | 10,154 | 21,618 | 33,250 | 38,698 | 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 | 2,929 | 2,929 | 2,929 | 10,154 | 21,618 | 33,250 | 38,698 | 27,545 | 8,213 | 280 | 330 | 388 | 456 | 536 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 4,029 | 4,029 | 4,029 | 4,029 | 1,162 | 2,320 | 3,256 | 6,621 | 3,557 | 9,003 | 4,442 | 5,900 | 3,781 | 1,315 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 2,041 | 8,518 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 7,610 | 7,610 | 7,610 | 1,806 | 365 | 104 | 104 | 931 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 85,410 | 85,410 | 85,410 | 55,432 | 54,700 | 55,206 | 34,369 | 52,233 | 65,063 | 49,287 | 55,449 | 54,320 | 44,948 | 10,564 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 97,049 | 97,049 | 97,049 | 61,267 | 56,227 | 59,671 | 46,247 | 59,785 | 68,620 | 58,290 | 59,891 | 60,220 | 48,729 | 11,879 |
total assets | 99,978 | 99,978 | 99,978 | 71,421 | 77,845 | 92,921 | 84,945 | 87,330 | 76,833 | 58,570 | 60,221 | 60,608 | 49,185 | 12,415 |
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 | 68,178 | 68,178 | 68,178 | 34,177 | 29,475 | 6,950 | 29,543 | 40,719 | 245,580 | 223,853 | 228,779 | 178,083 | 115,626 | 14,655 |
Group/Directors Accounts | 258,728 | 258,728 | 258,728 | 228,488 | 224,316 | 224,520 | 224,520 | 224,520 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 12,723 | 5,260 | 24,787 | 9,737 | 3,702 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 326,906 | 326,906 | 326,906 | 275,388 | 259,051 | 256,257 | 263,800 | 268,941 | 245,580 | 223,853 | 228,779 | 178,083 | 115,626 | 14,655 |
loans | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 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 | 113 |
total long term liabilities | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 113 |
total liabilities | 336,906 | 336,906 | 336,906 | 285,388 | 269,051 | 266,257 | 263,800 | 268,941 | 245,580 | 223,853 | 228,779 | 178,083 | 115,626 | 14,768 |
net assets | -236,928 | -236,928 | -236,928 | -213,967 | -191,206 | -173,336 | -178,855 | -181,611 | -168,747 | -165,283 | -168,558 | -117,475 | -66,441 | -2,353 |
total shareholders funds | -236,928 | -236,928 | -236,928 | -213,967 | -191,206 | -173,336 | -178,855 | -181,611 | -168,747 | -165,283 | -168,558 | -117,475 | -66,441 | -2,353 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 8,377 | 4,587 | 268 | 50 | 58 | 68 | 80 | 94 |
Amortisation | 0 | 0 | 7,225 | 11,464 | 11,632 | 11,958 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 0 | 0 | 5,804 | 4,308 | -2,938 | -7,413 | 4,326 | 3,995 | -5,446 | 4,561 | -1,458 | 2,119 | 2,466 | 1,315 |
Creditors | 0 | 0 | 34,001 | 4,702 | 22,525 | -22,593 | -11,176 | -204,861 | 21,727 | -4,926 | 50,696 | 62,457 | 100,971 | 14,655 |
Accruals and Deferred Income | 0 | 0 | -12,723 | 7,463 | -19,527 | 15,050 | 6,035 | 3,702 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -113 | 113 |
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 | 30,240 | 4,172 | -204 | 0 | 0 | 224,520 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 10,000 | 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 | 29,978 | 732 | -506 | 20,837 | -17,864 | -12,830 | 15,776 | -6,162 | 1,129 | 9,372 | 34,384 | 10,564 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 29,978 | 732 | -506 | 20,837 | -17,864 | -12,830 | 15,776 | -6,162 | 1,129 | 9,372 | 34,384 | 10,564 |
m r automotive ltd Credit Report and Business Information
M R Automotive Ltd Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for m r automotive ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CM19 area or any other competitors across 12 key performance metrics.
m r automotive ltd Ownership
M R AUTOMOTIVE LTD group structure
M R Automotive Ltd has no subsidiary companies.
Ultimate parent company
CORRELATION THREE HOLDINGS LTD
#0162789
2 parents
M R AUTOMOTIVE LTD
06381059
m r automotive ltd directors
M R Automotive Ltd currently has 2 directors. The longest serving directors include Mr Michael McVeigh (Dec 2009) and Mr Michael McVeigh (Dec 2009).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael McVeigh | 53 years | Dec 2009 | - | Director | |
Mr Michael McVeigh | 53 years | Dec 2009 | - | Director |
P&L
December 2022turnover
92.2k
0%
operating profit
-2k
0%
gross margin
17.4%
+10.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-236.9k
0%
total assets
100k
0%
cash
85.4k
0%
net assets
Total assets minus all liabilities
m r automotive ltd company details
company number
06381059
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
September 2007
age
17
incorporated
UK
accounts
Dormant
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
warwick house roydon road, harlow, essex, CM19 5DY
accountant
-
auditor
-
m r automotive 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 m r automotive ltd.
![charges](/assets/images/company_charges.png)
m r automotive ltd Companies House Filings - See Documents
date | description | view/download |
---|