Pomanda estimates the enterprise value of COMET CAR HIRE (CCH) LIMITED at £3.9m based on a Turnover of £9.8m and 0.39x industry multiple (adjusted for size and gross margin).
comet car hire (cch) limitedEstimated Valuation
£3.1m
Pomanda estimates the enterprise value of COMET CAR HIRE (CCH) LIMITED at £3.1m based on an EBITDA of £835k and a 3.66x industry multiple (adjusted for size and gross margin).
comet car hire (cch) limitedEstimated Valuation
£19.1m
Pomanda estimates the enterprise value of COMET CAR HIRE (CCH) LIMITED at £19.1m based on Net Assets of £8m and 2.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Comet Car Hire (cch) LimitedOverview
Comet Car Hire (cch) Limited is a live company located in west drayton, UB7 0HN with a Companies House number of 06667754. It operates in the other passenger land transport sector, SIC Code 49390. Founded in August 2008, it's largest shareholder is
transdev plc
with a 100% stake. Comet Car Hire (cch) Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£9.8m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Comet Car Hire (Cch) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
2 Regular
4 Weak
Size
annual sales of £9.8m, make it larger than the average company (£1.3m)
£9.8m - Comet Car Hire (cch) Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (5.6%)
48% - Comet Car Hire (cch) Limited
5.6% - Industry AVG
Production
with a gross margin of 18.6%, this company has a higher cost of product (27.1%)
18.6% - Comet Car Hire (cch) Limited
27.1% - Industry AVG
Profitability
an operating margin of 1.2% make it less profitable than the average company (7.5%)
1.2% - Comet Car Hire (cch) Limited
7.5% - Industry AVG
Employees
with 149 employees, this is above the industry average (33)
149 - Comet Car Hire (cch) Limited
33 - Industry AVG
Pay Structure
on an average salary of £28.7k, the company has an equivalent pay structure (£27.1k)
£28.7k - Comet Car Hire (cch) Limited
£27.1k - Industry AVG
Efficiency
resulting in sales per employee of £65.8k, this is equally as efficient (£70.7k)
£65.8k - Comet Car Hire (cch) Limited
£70.7k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is later than average (22 days)
46 days - Comet Car Hire (cch) Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (18 days)
11 days - Comet Car Hire (cch) Limited
18 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (5 days)
3 days - Comet Car Hire (cch) Limited
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 69 weeks, this is more cash available to meet short term requirements (48 weeks)
69 weeks - Comet Car Hire (cch) Limited
48 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.1%, this is a lower level of debt than the average (39.6%)
23.1% - Comet Car Hire (cch) Limited
39.6% - Industry AVG
COMET CAR HIRE (CCH) LIMITED financials
EXPORT
Comet Car Hire (Cch) Limited's latest turnover from December 2023 is £9.8 million and the company has net assets of £8 million. According to their latest financial statements, Comet Car Hire (Cch) Limited has 149 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Jul 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
9,797,000
7,243,000
3,495,000
2,996,000
6,878,000
6,453,000
5,531,000
5,009,000
4,624,000
1,662,000
3,772,000
4,071,551
7,445,082
6,636,509
4,807,952
Other Income Or Grants
Cost Of Sales
7,978,000
5,182,000
2,600,000
3,589,000
5,537,000
4,687,000
3,810,000
3,417,000
3,093,000
1,137,000
2,545,000
2,748,373
5,432,206
4,483,314
3,258,221
Gross Profit
1,819,000
2,061,000
895,000
-593,000
1,341,000
1,766,000
1,721,000
1,592,000
1,531,000
525,000
1,227,000
1,323,178
2,012,876
2,153,195
1,549,730
Admin Expenses
1,702,000
248,000
564,000
-241,000
682,000
968,000
655,000
552,000
480,000
261,000
399,000
459,707
1,802,682
1,833,007
1,170,807
-500,597
Operating Profit
117,000
1,813,000
331,000
-352,000
659,000
798,000
1,066,000
1,040,000
1,051,000
264,000
828,000
863,471
210,194
320,188
378,923
500,597
Interest Payable
88,000
406,000
62,000
92,000
111,000
72,000
37,000
26,000
16,000
5,000
17,000
20,323
Interest Receivable
79,000
79,000
2,000
1,476
2,072
1,290
1,383
928
Pre-Tax Profit
108,000
1,486,000
384,000
-567,000
637,000
831,000
1,029,000
1,014,000
1,035,000
259,000
813,000
844,624
212,266
321,478
380,306
501,525
Tax
-58,000
1,041,000
-116,000
38,000
-121,000
-168,000
-204,000
-196,000
-185,000
-100,000
-183,000
-195,035
-50,944
-83,584
-106,486
-140,427
Profit After Tax
50,000
2,527,000
268,000
-529,000
516,000
663,000
825,000
818,000
850,000
159,000
630,000
649,589
161,322
237,894
273,820
361,098
Dividends Paid
510,000
Retained Profit
50,000
2,527,000
268,000
-529,000
516,000
663,000
825,000
818,000
850,000
159,000
120,000
649,589
161,322
237,894
273,820
361,098
Employee Costs
4,277,000
3,235,000
2,091,000
3,109,000
3,828,000
3,519,000
2,887,000
2,584,000
2,375,000
827,000
1,634,000
1,723,842
3,304,939
3,041,029
2,137,552
Number Of Employees
149
129
82
132
129
115
92
98
89
85
85
96
189
173
121
EBITDA*
835,000
2,510,000
877,000
241,000
1,247,000
1,254,000
1,382,000
1,267,000
1,201,000
444,000
993,000
1,077,434
417,280
554,781
543,398
500,597
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Jul 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
4,001,000
2,952,000
2,437,000
3,075,000
3,475,000
3,728,000
2,824,000
1,833,000
1,277,000
522,000
491,000
585,914
565,969
645,856
432,659
390,492
Intangible Assets
19,000
151,000
84,000
102,500
123,000
143,500
164,000
184,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,020,000
3,103,000
2,437,000
3,075,000
3,475,000
3,728,000
2,824,000
1,833,000
1,277,000
522,000
575,000
688,414
688,969
789,356
596,659
574,992
Stock & work in progress
85,000
85,000
105,000
65,000
85,000
80,000
Trade Debtors
1,237,000
1,484,000
736,000
355,000
943,000
1,382,000
1,289,000
802,000
740,000
732,000
584,000
496,862
537,479
497,167
388,315
416,930
Group Debtors
2,586,000
1,201,000
1,704,000
2,608,000
2,250,000
3,036,000
Misc Debtors
889,000
803,000
569,000
468,000
838,000
29,000
135,000
52,000
117,000
88,000
32,000
18,579
Cash
1,560,000
2,334,000
1,776,000
1,361,000
930,000
303,000
2,670,000
2,911,000
2,266,000
1,529,000
1,246,000
1,192,259
494,419
334,411
181,737
371,290
misc current assets
8,000
62,000
20,000
total current assets
6,357,000
5,907,000
4,890,000
4,857,000
5,046,000
4,838,000
4,094,000
3,827,000
3,143,000
2,349,000
1,862,000
1,707,700
1,031,898
831,578
570,052
788,220
total assets
10,377,000
9,010,000
7,327,000
7,932,000
8,521,000
8,566,000
6,918,000
5,660,000
4,420,000
2,871,000
2,437,000
2,396,114
1,720,867
1,620,934
1,166,711
1,363,212
Bank overdraft
Bank loan
Trade Creditors
256,000
185,000
217,000
161,000
128,000
112,000
233,000
225,000
51,000
48,169
495,776
490,911
355,854
824,786
Group/Directors Accounts
954,000
948,000
other short term finances
hp & lease commitments
561,000
191,000
106,000
630,000
698,000
880,000
553,000
342,000
44,000
131,000
125,000
182,464
other current liabilities
349,000
352,000
453,000
721,000
1,311,000
1,373,000
882,000
931,000
656,000
470,000
406,000
361,279
total current liabilities
1,166,000
728,000
1,730,000
2,460,000
2,137,000
2,253,000
1,435,000
1,385,000
933,000
826,000
582,000
591,912
495,776
490,911
355,854
824,786
loans
31,000
hp & lease commitments
1,152,000
331,000
124,000
366,000
700,000
1,194,000
1,027,000
644,000
674,000
37,000
104,236
Accruals and Deferred Income
other liabilities
165,923
228,131
154,652
163,410
provisions
79,000
21,000
70,000
49,000
45,000
20,000
16,242
25,033
29,079
21,286
13,917
total long term liabilities
1,231,000
352,000
194,000
366,000
749,000
1,194,000
1,027,000
644,000
674,000
82,000
51,000
120,478
190,956
257,210
175,938
177,327
total liabilities
2,397,000
1,080,000
1,924,000
2,826,000
2,886,000
3,447,000
2,462,000
2,029,000
1,607,000
908,000
633,000
712,390
686,732
748,121
531,792
1,002,113
net assets
7,980,000
7,930,000
5,403,000
5,106,000
5,635,000
5,119,000
4,456,000
3,631,000
2,813,000
1,963,000
1,804,000
1,683,724
1,034,135
872,813
634,919
361,099
total shareholders funds
7,980,000
7,930,000
5,403,000
5,106,000
5,635,000
5,119,000
4,456,000
3,631,000
2,813,000
1,963,000
1,804,000
1,683,724
1,034,135
872,813
634,919
361,099
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Jul 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
117,000
1,813,000
331,000
-352,000
659,000
798,000
1,066,000
1,040,000
1,051,000
264,000
828,000
863,471
210,194
320,188
378,923
500,597
Depreciation
718,000
697,000
546,000
593,000
588,000
456,000
316,000
227,000
150,000
59,000
146,000
193,463
186,586
214,093
143,975
Amortisation
121,000
19,000
20,500
20,500
20,500
20,500
Tax
-58,000
1,041,000
-116,000
38,000
-121,000
-168,000
-204,000
-196,000
-185,000
-100,000
-183,000
-195,035
-50,944
-83,584
-106,486
-140,427
Stock
-20,000
40,000
-20,000
5,000
80,000
Debtors
1,224,000
479,000
-422,000
-600,000
-416,000
3,023,000
570,000
-3,000
37,000
304,559
100,559
-22,038
40,312
108,852
-28,615
416,930
Creditors
71,000
-32,000
56,000
33,000
128,000
-112,000
-121,000
8,000
176,831
2,831
-447,607
4,865
135,057
-468,932
824,786
Accruals and Deferred Income
-3,000
-101,000
-268,000
-590,000
-62,000
491,000
-49,000
275,000
186,000
108,721
44,721
361,279
Deferred Taxes & Provisions
58,000
-49,000
70,000
-49,000
49,000
-45,000
28,758
3,758
-8,791
-4,046
7,793
7,369
13,917
Cash flow from operations
-321,000
2,910,000
1,001,000
293,000
1,652,000
-1,526,000
447,000
1,228,000
1,128,000
353,751
760,751
809,318
326,843
505,195
3,964
781,943
Investing Activities
capital expenditure
-1,635,000
-1,363,000
92,000
-193,000
-335,000
-1,360,000
-1,307,000
-783,000
-905,000
-13,586
-51,586
-213,408
-106,699
-427,290
-186,142
-574,992
Change in Investments
cash flow from investments
-1,635,000
-1,363,000
92,000
-193,000
-335,000
-1,360,000
-1,307,000
-783,000
-905,000
-13,586
-51,586
-213,408
-106,699
-427,290
-186,142
-574,992
Financing Activities
Bank loans
Group/Directors Accounts
-954,000
6,000
948,000
Other Short Term Loans
Long term loans
31,000
Hire Purchase and Lease Commitments
1,191,000
292,000
-766,000
-402,000
-676,000
494,000
594,000
268,000
550,000
-118,700
-161,700
286,700
other long term liabilities
-165,923
-62,208
73,479
-8,758
163,410
share issue
29,000
120,276
276
1
interest
-9,000
-327,000
-62,000
-92,000
-111,000
-72,000
-37,000
-26,000
-16,000
-5,000
-15,000
-18,847
2,072
1,290
1,383
928
cash flow from financing
1,182,000
-989,000
-793,000
454,000
-787,000
422,000
557,000
242,000
534,000
-3,424
-145,424
101,930
-60,136
74,769
-7,375
164,339
cash and cash equivalents
cash
-774,000
558,000
415,000
431,000
627,000
-2,367,000
-241,000
645,000
737,000
336,741
53,741
697,840
160,008
152,674
-189,553
371,290
overdraft
change in cash
-774,000
558,000
415,000
431,000
627,000
-2,367,000
-241,000
645,000
737,000
336,741
53,741
697,840
160,008
152,674
-189,553
371,290
comet car hire (cch) 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 comet car hire (cch) limited. Get real-time insights into comet car hire (cch) limited's credit score, group structure and payment trends.
Perform a competitor analysis for comet car hire (cch) limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in UB7 area or any other competitors across 12 key performance metrics.
comet car hire (cch) limited Ownership
COMET CAR HIRE (CCH) LIMITED group structure
Comet Car Hire (Cch) Limited has no subsidiary companies.
The sole shareholder of Comet Car Hire (Cch) Limited is Transdev Plc.
transdev plc
100%
comet car hire (cch) limited directors
Comet Car Hire (Cch) Limited currently has 5 directors.
The longest serving directors include
Mrs Rebecca Mupita (Jan 2017) and
Ms Siobhan Morrell (Jan 2020).
heathrow coach centre, sipson road, west drayton, middlesex, UB7 0HN
Bank
-
Legal Advisor
-
comet car hire (cch) 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 comet car hire (cch) limited.
comet car hire (cch) 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 COMET CAR HIRE (CCH) LIMITED. This can take several minutes, an email will notify you when this has completed.
comet car hire (cch) limitedCompanies House Filings - See Documents
