z cars engineering limited

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z cars engineering limited Company Information

Share Z CARS ENGINEERING LIMITED

Company Number

06743031

Shareholders

marko nikolic

milenko djakovic

Group Structure

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Industry

Maintenance and repair of motor vehicles

 

Registered Address

unit 3, parkfields industrial estate, london, SW11 5BA

z cars engineering limited Estimated Valuation

£37.5k

Pomanda estimates the enterprise value of Z CARS ENGINEERING LIMITED at £37.5k based on a Turnover of £190.9k and 0.2x industry multiple (adjusted for size and gross margin).

z cars engineering limited Estimated Valuation

£75.4k

Pomanda estimates the enterprise value of Z CARS ENGINEERING LIMITED at £75.4k based on an EBITDA of £25.7k and a 2.93x industry multiple (adjusted for size and gross margin).

z cars engineering limited Estimated Valuation

£128.8k

Pomanda estimates the enterprise value of Z CARS ENGINEERING LIMITED at £128.8k based on Net Assets of £45.4k and 2.84x industry multiple (adjusted for liquidity).

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Z Cars Engineering Limited Overview

Z Cars Engineering Limited is a live company located in london, SW11 5BA with a Companies House number of 06743031. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in November 2008, it's largest shareholder is marko nikolic with a 50% stake. Z Cars Engineering Limited is a established, micro sized company, Pomanda has estimated its turnover at £190.9k with high growth in recent years.

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Z Cars Engineering Limited Health Check

Pomanda's financial health check has awarded Z Cars Engineering Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £190.9k, make it smaller than the average company (£642.9k)

£190.9k - Z Cars Engineering Limited

£642.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (9.5%)

17% - Z Cars Engineering Limited

9.5% - Industry AVG

production

Production

with a gross margin of 20.4%, this company has a higher cost of product (34.1%)

20.4% - Z Cars Engineering Limited

34.1% - Industry AVG

profitability

Profitability

an operating margin of 13.5% make it more profitable than the average company (5.4%)

13.5% - Z Cars Engineering Limited

5.4% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (9)

4 - Z Cars Engineering Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)

£31.2k - Z Cars Engineering Limited

£31.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £47.7k, this is less efficient (£109.8k)

£47.7k - Z Cars Engineering Limited

£109.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 79 days, this is later than average (34 days)

79 days - Z Cars Engineering Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 26 days, this is quicker than average (43 days)

26 days - Z Cars Engineering Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Z Cars Engineering Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Z Cars Engineering Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40.1%, this is a lower level of debt than the average (66%)

40.1% - Z Cars Engineering Limited

66% - Industry AVG

Z CARS ENGINEERING LIMITED financials

EXPORTms excel logo

Z Cars Engineering Limited's latest turnover from December 2023 is estimated at £190.9 thousand and the company has net assets of £45.4 thousand. According to their latest financial statements, Z Cars Engineering Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover190,882129,181107,916119,18797,20910,0106,7276,90625,08094,976101,71898,51694,25686,53278,616
Other Income Or Grants
Cost Of Sales151,945104,04386,64093,89575,2957,6104,9575,02818,42337,37539,46034,44333,47829,20532,769
Gross Profit38,93725,13821,27625,29221,9152,4001,7701,8796,65757,60162,25864,07360,77857,32745,847
Admin Expenses13,218-2,81821,82930,58221,4661,012-3,463-7,40710,37455,18558,60458,11454,31155,88550,121
Operating Profit25,71927,956-553-5,2904491,3885,2339,286-3,7172,4163,6545,9596,4671,442-4,274
Interest Payable4291,077878604553515
Interest Receivable160
Pre-Tax Profit25,71927,956-553-5,2904491,3885,2338,859-4,7342,4163,6545,9596,4671,442-4,274
Tax-6,430-5,312-85-264-994-1,772-744-1,073-600
Profit After Tax19,28922,644-553-5,2903641,1244,2397,087-4,7341,6722,5815,3596,4671,442-4,274
Dividends Paid1,0005,0006,000
Retained Profit19,28922,644-553-5,2903641,1244,2397,087-4,734672-2,419-6416,4671,442-4,274
Employee Costs124,89558,03486,87685,638117,80829,43328,29828,49827,41128,01027,13026,33525,34924,822
Number Of Employees42334111111111
EBITDA*25,71927,956-553-5,2904491,3885,2339,286-2,7663,6765,3248,1757,9503,365-2,507

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets24,26719,1827,1807,8042,5601,8162,0432,2702,9883,9395,1996,8694,7106,0747,997
Intangible Assets
Investments & Other222
Debtors (Due After 1 year)
Total Fixed Assets24,26719,1827,1827,8062,5621,8162,0432,2702,9883,9395,1996,8694,7106,0747,997
Stock & work in progress2502502501,2501,2501,2501,750
Trade Debtors41,60837,78222,44926,7214,0762,6121,4881,2867,6155861,062
Group Debtors
Misc Debtors10,0004,8855,6305,6215,5308,3855,5303401,647
Cash1,16922,9311,6959862,5465,4295,506
misc current assets5,5475,5345,621
total current assets51,60837,78227,33432,3519,6978,1597,0226,9079,03423,1817,47510,6219,9127,0199,965
total assets75,87556,96434,51640,15712,2599,9759,0659,17712,02227,12012,67417,49014,62213,09317,962
Bank overdraft
Bank loan
Trade Creditors 11,0266,4691,0121,1202,9321,0121,2261,5771,7742,1801,0971,4002,6981,0002,053
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities4,2763,4108591,0061,208218
total current liabilities11,0266,4691,0121,1202,9321,0121,2261,5771,7746,4564,5072,2593,7042,2082,271
loans13,73419,4167,59110,9866,0329,81616,064
hp & lease commitments
Accruals and Deferred Income
other liabilities19,43224,36730,02035,0004,0001,2501,2503,9003,900
provisions
total long term liabilities19,43224,36730,02035,0004,00013,73419,4167,59112,2367,28213,71619,964
total liabilities30,45830,83631,03236,1202,9321,0121,2265,57715,50825,87212,09814,49510,98615,92422,235
net assets45,41726,1283,4844,0379,3278,9637,8393,600-3,4861,2485762,9953,636-2,831-4,273
total shareholders funds45,41726,1283,4844,0379,3278,9637,8393,600-3,4861,2485762,9953,636-2,831-4,273
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit25,71927,956-553-5,2904491,3885,2339,286-3,7172,4163,6545,9596,4671,442-4,274
Depreciation9511,2601,6702,2161,4831,9231,767
Amortisation
Tax-6,430-5,312-85-264-994-1,772-744-1,073-600
Stock-250-1,000-5001,750
Debtors13,82610,448-5,01722,6547,0851,124202-6,3297,615-5,530-2,8552,2695,776-2,3692,709
Creditors4,5575,457-108-1,8121,920-214-351-197-4061,083-303-1,2981,698-1,0532,053
Accruals and Deferred Income-4,2768662,551-147-202990218
Deferred Taxes & Provisions
Cash flow from operations10,02017,6534,356-29,756-4,801-2143,68613,896-15,06310,41110,3543,8613,6706,171-4,695
Investing Activities
capital expenditure-5,085-12,002624-5,244-744227227718-4,375-119-9,764
Change in Investments-22
cash flow from investments-5,085-12,000624-5,244-746227227718-4,375-119-9,764
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-13,734-5,68211,825-3,3954,954-3,784-6,24816,064
Hire Purchase and Lease Commitments
other long term liabilities-4,935-5,653-4,98035,000-4,0004,000-1,250-2,6503,900
share issue-11
interest-428-1,017-878-604-553-515
cash flow from financing-4,935-5,653-4,98035,000-4,000-10,163-6,69910,947-5,2494,401-6,949-6,24819,965
cash and cash equivalents
cash-1,169-21,76221,236709-1,560-2,883-775,506
overdraft
change in cash-1,169-21,76221,236709-1,560-2,883-775,506

z cars engineering limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Z Cars Engineering Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for z cars engineering limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in SW11 area or any other competitors across 12 key performance metrics.

z cars engineering limited Ownership

Z CARS ENGINEERING LIMITED group structure

Z Cars Engineering Limited has no subsidiary companies.

Ultimate parent company

Z CARS ENGINEERING LIMITED

06743031

Z CARS ENGINEERING LIMITED Shareholders

marko nikolic 50%
milenko djakovic 50%

z cars engineering limited directors

Z Cars Engineering Limited currently has 2 directors. The longest serving directors include Mr Marko Nikolic (Sep 2016) and Milenko Djakovic (Sep 2016).

officercountryagestartendrole
Mr Marko NikolicEngland46 years Sep 2016- Director
Milenko Djakovic53 years Sep 2016- Director

P&L

December 2023

turnover

190.9k

+48%

operating profit

25.7k

0%

gross margin

20.4%

+4.83%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

45.4k

+0.74%

total assets

75.9k

+0.33%

cash

0

0%

net assets

Total assets minus all liabilities

z cars engineering limited company details

company number

06743031

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

November 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

unit 3, parkfields industrial estate, london, SW11 5BA

Bank

-

Legal Advisor

-

z cars engineering 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 z cars engineering limited.

z cars engineering 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.

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z cars engineering limited Companies House Filings - See Documents

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