car lease contracts limited
car lease contracts limited Company Information
Company Number
06835185
Next Accounts
396 days late
Directors
Shareholders
ashley clark
sarah farnill
View AllGroup Structure
View All
Industry
Sale of used cars and light motor vehicles
+1Registered Address
ferriby hall high street, north ferriby, HU14 3JP
Website
www.carleasecontracts.co.ukcar lease contracts limited Estimated Valuation
Pomanda estimates the enterprise value of CAR LEASE CONTRACTS LIMITED at £1m based on a Turnover of £3.1m and 0.32x industry multiple (adjusted for size and gross margin).
car lease contracts limited Estimated Valuation
Pomanda estimates the enterprise value of CAR LEASE CONTRACTS LIMITED at £0 based on an EBITDA of £-14.9k and a 4.1x industry multiple (adjusted for size and gross margin).
car lease contracts limited Estimated Valuation
Pomanda estimates the enterprise value of CAR LEASE CONTRACTS LIMITED at £408.8k based on Net Assets of £137.4k and 2.97x industry multiple (adjusted for liquidity).
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Car Lease Contracts Limited Overview
Car Lease Contracts Limited is a live company located in north ferriby, HU14 3JP with a Companies House number of 06835185. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in March 2009, it's largest shareholder is ashley clark with a 90% stake. Car Lease Contracts Limited is a established, small sized company, Pomanda has estimated its turnover at £3.1m with declining growth in recent years.
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Car Lease Contracts Limited Health Check
Pomanda's financial health check has awarded Car Lease Contracts Limited a 3 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
3 Strong
2 Regular
7 Weak
Size
annual sales of £3.1m, make it smaller than the average company (£22.2m)
- Car Lease Contracts Limited
£22.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (3.9%)
- Car Lease Contracts Limited
3.9% - Industry AVG
Production
with a gross margin of 10.9%, this company has a comparable cost of product (10.9%)
- Car Lease Contracts Limited
10.9% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (3.3%)
- Car Lease Contracts Limited
3.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (44)
5 - Car Lease Contracts Limited
44 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)
- Car Lease Contracts Limited
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £621.4k, this is more efficient (£511.5k)
- Car Lease Contracts Limited
£511.5k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (6 days)
- Car Lease Contracts Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is slower than average (22 days)
- Car Lease Contracts Limited
22 days - Industry AVG
Stock Days
it holds stock equivalent to 118 days, this is more than average (58 days)
- Car Lease Contracts Limited
58 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (9 weeks)
5 weeks - Car Lease Contracts Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.8%, this is a higher level of debt than the average (66.8%)
90.8% - Car Lease Contracts Limited
66.8% - Industry AVG
CAR LEASE CONTRACTS LIMITED financials
Car Lease Contracts Limited's latest turnover from April 2022 is estimated at £3.1 million and the company has net assets of £137.4 thousand. According to their latest financial statements, Car Lease Contracts Limited has 5 employees and maintains cash reserves of £83.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2022 | Apr 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,613,497 | 5,702,171 | |||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 6,386,103 | 5,491,704 | |||||||||||
| Gross Profit | 227,394 | 210,467 | |||||||||||
| Admin Expenses | 159,680 | 135,507 | |||||||||||
| Operating Profit | 67,714 | 74,960 | |||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | 63,880 | 70,189 | |||||||||||
| Tax | -12,021 | -14,259 | |||||||||||
| Profit After Tax | 51,859 | 55,930 | |||||||||||
| Dividends Paid | 47,217 | 55,933 | |||||||||||
| Retained Profit | 4,642 | -3 | |||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 5 | 4 | 2 | 3 | 3 | ||||||||
| EBITDA* | 71,170 | 81,521 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2022 | Apr 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 113,255 | 164,660 | 128,884 | 70,692 | 31,326 | 42,979 | 89,368 | 56,688 | 1,789 | 1,274 | 2,193 | 2,415 | 2,096 |
| Intangible Assets | 234 | 557 | |||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 113,255 | 164,894 | 129,441 | 70,692 | 31,326 | 42,979 | 89,368 | 56,688 | 1,789 | 1,274 | 2,193 | 2,415 | 2,096 |
| Stock & work in progress | 898,857 | 692,924 | 413,366 | 367,399 | 387,602 | 226,281 | 184,813 | 218,004 | 81,660 | ||||
| Trade Debtors | 11,860 | 101,423 | 36,000 | 662,146 | 63,740 | 122,840 | 92,213 | 32,994 | 14,108 | 4,713 | 29,332 | 2,921 | |
| Group Debtors | 350,000 | 113,002 | |||||||||||
| Misc Debtors | 41,650 | 10,387 | 97,182 | 3,800 | 15,063 | 16,369 | 4,169 | ||||||
| Cash | 83,313 | 89,016 | 57,413 | 91,448 | 184,855 | 31,705 | 56,286 | 26,541 | 26,427 | ||||
| misc current assets | 500 | 2,186 | |||||||||||
| total current assets | 1,385,680 | 1,006,752 | 603,961 | 665,946 | 367,899 | 557,853 | 550,345 | 310,917 | 311,453 | 122,309 | 4,713 | 29,332 | 29,348 |
| total assets | 1,498,935 | 1,171,646 | 733,402 | 736,638 | 399,225 | 600,832 | 639,713 | 367,605 | 313,242 | 123,583 | 6,906 | 31,747 | 31,444 |
| Bank overdraft | 408,288 | 194,255 | 410,863 | 265 | 194 | ||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 194,964 | 329,693 | 27,778 | 677,101 | 382,569 | 505,189 | 533,482 | 290,450 | 217,978 | 46,059 | 6,303 | 29,569 | 31,239 |
| Group/Directors Accounts | 119,688 | 104,449 | 93,886 | ||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 101,935 | 59,699 | 128,257 | 90,895 | 77,185 | ||||||||
| total current liabilities | 824,875 | 688,096 | 660,784 | 677,101 | 382,569 | 505,189 | 533,482 | 290,450 | 308,873 | 123,244 | 6,568 | 29,763 | 31,239 |
| loans | 486,198 | 40,918 | |||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | 1,599 | 1,308 | 50,615 | ||||||||||
| other liabilities | 50,442 | 248,347 | 1,061 | 13,156 | 19,862 | 46,413 | 23,979 | ||||||
| provisions | 2,390 | 4,204 | 1,124 | 667 | |||||||||
| total long term liabilities | 536,640 | 289,265 | 2,660 | 14,464 | 22,252 | 50,617 | 75,718 | 667 | |||||
| total liabilities | 1,361,515 | 977,361 | 660,784 | 679,761 | 397,033 | 527,441 | 584,099 | 366,168 | 309,540 | 123,244 | 6,568 | 29,763 | 31,239 |
| net assets | 137,420 | 194,285 | 72,618 | 56,877 | 2,192 | 73,391 | 55,614 | 1,437 | 3,702 | 339 | 338 | 1,984 | 205 |
| total shareholders funds | 137,420 | 194,285 | 72,618 | 56,877 | 2,192 | 73,391 | 55,614 | 1,437 | 3,702 | 339 | 338 | 1,984 | 205 |
| Apr 2022 | Apr 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 67,714 | 74,960 | |||||||||||
| Depreciation | 4,206 | 18,060 | 3,456 | 6,561 | 6,024 | 1,061 | 919 | 222 | 836 | 299 | |||
| Amortisation | 234 | 323 | |||||||||||
| Tax | -12,021 | -14,259 | |||||||||||
| Stock | 205,933 | 279,558 | 413,366 | -367,399 | -20,203 | 161,321 | 41,468 | -33,191 | 136,344 | 81,660 | |||
| Debtors | 178,698 | 91,630 | -532,764 | 665,946 | -78,803 | -60,406 | 46,996 | 55,050 | 23,055 | 9,395 | -24,619 | 26,411 | 2,921 |
| Creditors | -134,729 | 301,915 | -649,323 | 294,532 | -122,620 | -28,293 | 243,032 | 72,472 | 171,919 | 39,756 | -23,266 | -1,670 | 31,239 |
| Accruals and Deferred Income | 42,236 | -68,558 | 126,658 | 291 | 1,308 | -50,615 | -40,280 | 13,710 | 77,185 | ||||
| Deferred Taxes & Provisions | -2,390 | -1,814 | 3,080 | 457 | 667 | ||||||||
| Cash flow from operations | -71,873 | 174,295 | |||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | 15,239 | 10,563 | 93,886 | ||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | 445,280 | 40,918 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | -197,905 | 248,347 | -1,061 | -12,095 | -6,706 | -26,551 | 22,434 | 23,979 | |||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | -13,416 | 76,614 | |||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -5,703 | 31,603 | 57,413 | -91,448 | -93,407 | 153,150 | -24,581 | 29,745 | 26,541 | -26,427 | 26,427 | ||
| overdraft | 214,033 | -216,608 | 410,863 | -265 | 71 | 194 | |||||||
| change in cash | -219,736 | 248,211 | -353,450 | -91,448 | -93,407 | 153,150 | -24,581 | 29,745 | 26,806 | -71 | -26,621 | 26,427 |
car lease contracts limited Credit Report and Business Information
Car Lease Contracts Limited Competitor Analysis
Perform a competitor analysis for car lease contracts limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HU14 area or any other competitors across 12 key performance metrics.
car lease contracts limited Ownership
CAR LEASE CONTRACTS LIMITED group structure
Car Lease Contracts Limited has no subsidiary companies.
Ultimate parent company
CAR LEASE CONTRACTS LIMITED
06835185
car lease contracts limited directors
Car Lease Contracts Limited currently has 1 director, Mr Ashley Clark serving since Mar 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ashley Clark | England | 54 years | Mar 2009 | - | Director |
P&L
April 2022turnover
3.1m
0%
operating profit
-19.4k
0%
gross margin
10.9%
+8.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2022net assets
137.4k
-0.29%
total assets
1.5m
+0.28%
cash
83.3k
-0.06%
net assets
Total assets minus all liabilities
car lease contracts limited company details
company number
06835185
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
45111 - Sale of new cars and light motor vehicles
incorporation date
March 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2022
previous names
N/A
accountant
AQ CLIENT SERVICES LIMITED
auditor
-
address
ferriby hall high street, north ferriby, HU14 3JP
Bank
-
Legal Advisor
-
car lease contracts 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 car lease contracts limited. Currently there are 0 open charges and 1 have been satisfied in the past.
car lease contracts 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 CAR LEASE CONTRACTS LIMITED. This can take several minutes, an email will notify you when this has completed.
car lease contracts limited Companies House Filings - See Documents
| date | description | view/download |
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