motorsport at the palace ltd.
motorsport at the palace ltd. Company Information
Company Number
06823072
Next Accounts
Sep 2025
Shareholders
sevenoaks & district motor club ltd
Group Structure
View All
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Registered Address
the cottage deans hill, bredgar, sittingbourne, kent, ME9 8BB
motorsport at the palace ltd. Estimated Valuation
Pomanda estimates the enterprise value of MOTORSPORT AT THE PALACE LTD. at £114.6k based on a Turnover of £181.8k and 0.63x industry multiple (adjusted for size and gross margin).
motorsport at the palace ltd. Estimated Valuation
Pomanda estimates the enterprise value of MOTORSPORT AT THE PALACE LTD. at £0 based on an EBITDA of £-6k and a 2.45x industry multiple (adjusted for size and gross margin).
motorsport at the palace ltd. Estimated Valuation
Pomanda estimates the enterprise value of MOTORSPORT AT THE PALACE LTD. at £43.7k based on Net Assets of £23.3k and 1.87x industry multiple (adjusted for liquidity).
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Motorsport At The Palace Ltd. Overview
Motorsport At The Palace Ltd. is a live company located in sittingbourne, ME9 8BB with a Companies House number of 06823072. It operates in the other sports activities sector, SIC Code 93199. Founded in February 2009, it's largest shareholder is sevenoaks & district motor club ltd with a 100% stake. Motorsport At The Palace Ltd. is a established, micro sized company, Pomanda has estimated its turnover at £181.8k with unknown growth in recent years.
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Motorsport At The Palace Ltd. Health Check
Pomanda's financial health check has awarded Motorsport At The Palace Ltd. a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
5 Weak
Size
annual sales of £181.8k, make it smaller than the average company (£621.3k)
- Motorsport At The Palace Ltd.
£621.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Motorsport At The Palace Ltd.
- - Industry AVG
Production
with a gross margin of 18.3%, this company has a higher cost of product (41%)
- Motorsport At The Palace Ltd.
41% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (1.5%)
- Motorsport At The Palace Ltd.
1.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (15)
- Motorsport At The Palace Ltd.
15 - Industry AVG
Pay Structure
on an average salary of £28.9k, the company has an equivalent pay structure (£28.9k)
- Motorsport At The Palace Ltd.
£28.9k - Industry AVG
Efficiency
resulting in sales per employee of £90.9k, this is more efficient (£70k)
- Motorsport At The Palace Ltd.
£70k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is later than average (16 days)
- Motorsport At The Palace Ltd.
16 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Motorsport At The Palace Ltd.
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Motorsport At The Palace Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Motorsport At The Palace Ltd.
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Motorsport At The Palace Ltd.
- - Industry AVG
MOTORSPORT AT THE PALACE LTD. financials
Motorsport At The Palace Ltd.'s latest turnover from December 2023 is estimated at £181.8 thousand and the company has net assets of £23.3 thousand. According to their latest financial statements, we estimate that Motorsport At The Palace Ltd. has 2 employees and maintains cash reserves of 0 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 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* 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 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 23,329 | 29,329 | 29,329 | 29,329 | 29,329 | 1,035 | 1,750 | 1,200 | |||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 29,329 | 29,629 | 30,418 | ||||||||||||
| Cash | 226 | 36,376 | 30,214 | 27,459 | 13,722 | 20,871 | 4,203 | 165 | |||||||
| misc current assets | |||||||||||||||
| total current assets | 23,329 | 29,329 | 29,329 | 29,329 | 29,329 | 29,329 | 29,629 | 30,644 | 36,376 | 30,214 | 27,459 | 14,757 | 22,621 | 5,403 | 165 |
| total assets | 23,329 | 29,329 | 29,329 | 29,329 | 29,329 | 29,329 | 29,629 | 30,644 | 36,376 | 30,214 | 27,459 | 14,757 | 22,621 | 5,403 | 165 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 6,312 | 6,994 | 3,570 | 7,359 | 3,795 | 6,750 | |||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 300 | 968 | 6,700 | ||||||||||||
| total current liabilities | 300 | 968 | 6,700 | 6,312 | 6,994 | 3,570 | 7,359 | 3,795 | 6,750 | ||||||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 300 | 968 | 6,700 | 6,312 | 6,994 | 3,570 | 7,359 | 3,795 | 6,750 | ||||||
| net assets | 23,329 | 29,329 | 29,329 | 29,329 | 29,329 | 29,329 | 29,329 | 29,676 | 29,676 | 23,902 | 20,465 | 11,187 | 15,262 | 1,608 | -6,585 |
| total shareholders funds | 23,329 | 29,329 | 29,329 | 29,329 | 29,329 | 29,329 | 29,329 | 29,676 | 29,676 | 23,902 | 20,465 | 11,187 | 15,262 | 1,608 | -6,585 |
| Dec 2023 | 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 | |||||||||||||||
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| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -6,000 | -300 | -789 | 30,418 | -1,035 | -715 | 550 | 1,200 | |||||||
| Creditors | -6,312 | -682 | 3,424 | -3,789 | 3,564 | -2,955 | 6,750 | ||||||||
| Accruals and Deferred Income | -300 | -668 | -5,732 | 6,700 | |||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
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| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -226 | -36,150 | 6,162 | 2,755 | 13,737 | -7,149 | 16,668 | 4,038 | 165 | ||||||
| overdraft | |||||||||||||||
| change in cash | -226 | -36,150 | 6,162 | 2,755 | 13,737 | -7,149 | 16,668 | 4,038 | 165 |
motorsport at the palace ltd. Credit Report and Business Information
Motorsport At The Palace Ltd. Competitor Analysis
Perform a competitor analysis for motorsport at the palace ltd. by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in ME9 area or any other competitors across 12 key performance metrics.
motorsport at the palace ltd. Ownership
MOTORSPORT AT THE PALACE LTD. group structure
Motorsport At The Palace Ltd. has no subsidiary companies.
Ultimate parent company
1 parent
MOTORSPORT AT THE PALACE LTD.
06823072
motorsport at the palace ltd. directors
Motorsport At The Palace Ltd. currently has 2 directors. The longest serving directors include Mr Clive Cooke (Feb 2009) and Mr Andrew Elcomb (Jan 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Clive Cooke | England | 81 years | Feb 2009 | - | Director |
| Mr Andrew Elcomb | 67 years | Jan 2010 | - | Director |
P&L
December 2023turnover
181.8k
-18%
operating profit
-6k
0%
gross margin
18.3%
-16.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
23.3k
-0.2%
total assets
23.3k
-0.2%
cash
0
0%
net assets
Total assets minus all liabilities
motorsport at the palace ltd. company details
company number
06823072
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
February 2009
age
16
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
the cottage deans hill, bredgar, sittingbourne, kent, ME9 8BB
Bank
-
Legal Advisor
-
motorsport at the palace 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 motorsport at the palace ltd..
motorsport at the palace ltd. 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 MOTORSPORT AT THE PALACE LTD.. This can take several minutes, an email will notify you when this has completed.
motorsport at the palace ltd. Companies House Filings - See Documents
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