opulent automotive limited
opulent automotive limited Company Information
Company Number
06723189
Website
-Registered Address
c/o valentine & co galley house, moon lane, barnet, EN5 5YL
Industry
Sale of used cars and light motor vehicles
Telephone
01277424993
Next Accounts Due
635 days late
Group Structure
View All
Shareholders
robert ross anderson 50%
adam john hancock 50%
opulent automotive limited Estimated Valuation
The estimated valuation range for opulent automotive limited, derived from financial data as of October 2020 and the most recent industry multiples, is between £48.9k to £185.9k
opulent automotive limited Estimated Valuation
The estimated valuation range for opulent automotive limited, derived from financial data as of October 2020 and the most recent industry multiples, is between £48.9k to £185.9k
opulent automotive limited Estimated Valuation
The estimated valuation range for opulent automotive limited, derived from financial data as of October 2020 and the most recent industry multiples, is between £48.9k to £185.9k
Get a detailed valuation report, edit figures and unlock valuation multiples.
Opulent Automotive Limited AI Business Plan
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Opulent Automotive Limited Overview
Opulent Automotive Limited is a live company located in barnet, EN5 5YL with a Companies House number of 06723189. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in October 2008, it's largest shareholder is robert ross anderson with a 50% stake. Opulent Automotive Limited is a established, small sized company, Pomanda has estimated its turnover at £1m with rapid growth in recent years.
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Opulent Automotive Limited Health Check
Pomanda's financial health check has awarded Opulent Automotive Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £1m, make it smaller than the average company (£2m)
- Opulent Automotive Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (5.6%)
- Opulent Automotive Limited
5.6% - Industry AVG
Production
with a gross margin of 6.9%, this company has a higher cost of product (12.4%)
- Opulent Automotive Limited
12.4% - Industry AVG
Profitability
an operating margin of 2.2% make it as profitable than the average company (2.2%)
- Opulent Automotive Limited
2.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (10)
2 - Opulent Automotive Limited
10 - Industry AVG
Pay Structure
on an average salary of £28.9k, the company has an equivalent pay structure (£28.9k)
- Opulent Automotive Limited
£28.9k - Industry AVG
Efficiency
resulting in sales per employee of £509.9k, this is more efficient (£383.8k)
- Opulent Automotive Limited
£383.8k - Industry AVG
Debtor Days
it gets paid by customers after 112 days, this is later than average (8 days)
- Opulent Automotive Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (13 days)
- Opulent Automotive Limited
13 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (60 days)
- Opulent Automotive Limited
60 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)
2 weeks - Opulent Automotive Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.5%, this is a higher level of debt than the average (68.8%)
94.5% - Opulent Automotive Limited
68.8% - Industry AVG
opulent automotive limited Credit Report and Business Information
Opulent Automotive Limited Competitor Analysis
Perform a competitor analysis for opulent automotive limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
opulent automotive limited Ownership
OPULENT AUTOMOTIVE LIMITED group structure
Opulent Automotive Limited has no subsidiary companies.
Ultimate parent company
OPULENT AUTOMOTIVE LIMITED
06723189
opulent automotive limited directors
Opulent Automotive Limited currently has 2 directors. The longest serving directors include Mr Adam Hancock (Oct 2008) and Mr Robert Anderson (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Hancock | United Kingdom | 43 years | Oct 2008 | - | Director |
| Mr Robert Anderson | England | 43 years | Aug 2017 | - | Director |
OPULENT AUTOMOTIVE LIMITED financials
Opulent Automotive Limited's latest turnover from October 2020 is estimated at £1 million and the company has net assets of £18.5 thousand. According to their latest financial statements, Opulent Automotive Limited has 2 employees and maintains cash reserves of £12.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2020 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 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 | 2 | 2 | 3 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2020 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,564 | 5,299 | 7,064 | 9,419 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 3,564 | 5,299 | 7,064 | 9,419 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 314,493 | 149,526 | 37,268 | 0 | 0 | 112 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 44,844 | 115 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 12,065 | 0 | 115 | 115 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 330,558 | 149,526 | 37,383 | 44,959 | 115 | 112 | 0 | 0 | 0 | 0 | 0 |
| total assets | 334,122 | 154,825 | 44,447 | 54,378 | 115 | 112 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 8,385 | 3,301 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 268,976 | 136,855 | 28,047 | 0 | 0 | 7,596 | 5,659 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 1,218 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 9,054 | 5,895 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 268,976 | 136,855 | 28,047 | 17,439 | 9,196 | 7,596 | 6,877 | 0 | 0 | 0 | 0 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 46,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 46,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 315,643 | 136,855 | 28,047 | 17,439 | 9,196 | 7,596 | 6,877 | 0 | 0 | 0 | 0 |
| net assets | 18,479 | 17,970 | 16,400 | 36,939 | -9,081 | -7,484 | -6,877 | 0 | 0 | 0 | 0 |
| total shareholders funds | 18,479 | 17,970 | 16,400 | 36,939 | -9,081 | -7,484 | -6,877 | 0 | 0 | 0 | 0 |
| Oct 2020 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 1,180 | 1,765 | 2,355 | 3,140 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | |||||||||||
| Stock | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 314,493 | 112,258 | -7,576 | 44,729 | 3 | 112 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 268,976 | 108,808 | 28,047 | 0 | -7,596 | 1,937 | 5,659 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | -9,054 | 3,159 | 5,895 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -1,218 | 1,218 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 46,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 12,065 | -115 | 0 | 115 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | -8,385 | 5,084 | 3,301 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 12,065 | -115 | 8,385 | -4,969 | -3,301 | 0 | 0 | 0 | 0 | 0 | 0 |
P&L
October 2020turnover
1m
0%
operating profit
22.7k
0%
gross margin
6.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2020net assets
18.5k
0%
total assets
334.1k
0%
cash
12.1k
0%
net assets
Total assets minus all liabilities
Similar Companies
opulent automotive limited company details
company number
06723189
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
October 2008
age
16
accounts
Unaudited Abridged
ultimate parent company
previous names
opulent vehicle leasing limited (July 2022)
lenders financial uk limited (May 2017)
incorporated
UK
address
c/o valentine & co galley house, moon lane, barnet, EN5 5YL
last accounts submitted
October 2020
opulent automotive 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 opulent automotive limited. Currently there are 0 open charges and 1 have been satisfied in the past.
opulent automotive limited Companies House Filings - See Documents
| date | description | view/download |
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