watkins car sales limited
watkins car sales limited Company Information
Company Number
06909157
Next Accounts
Feb 2025
Shareholders
anthony allen watkins
julie elizabeth harrington
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
building 4 foundation park, roxborough way, maidenhead, SL6 3UD
Website
www.watkinscarsales.co.ukwatkins car sales limited Estimated Valuation
Pomanda estimates the enterprise value of WATKINS CAR SALES LIMITED at £209.4k based on a Turnover of £373.8k and 0.56x industry multiple (adjusted for size and gross margin).
watkins car sales limited Estimated Valuation
Pomanda estimates the enterprise value of WATKINS CAR SALES LIMITED at £0 based on an EBITDA of £-59.2k and a 4.03x industry multiple (adjusted for size and gross margin).
watkins car sales limited Estimated Valuation
Pomanda estimates the enterprise value of WATKINS CAR SALES LIMITED at £0 based on Net Assets of £-635.7k and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Watkins Car Sales Limited Overview
Watkins Car Sales Limited is a live company located in maidenhead, SL6 3UD with a Companies House number of 06909157. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2009, it's largest shareholder is anthony allen watkins with a 75% stake. Watkins Car Sales Limited is a established, micro sized company, Pomanda has estimated its turnover at £373.8k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Watkins Car Sales Limited Health Check
Pomanda's financial health check has awarded Watkins Car Sales Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £373.8k, make it smaller than the average company (£3.7m)
- Watkins Car Sales Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (4.6%)
- Watkins Car Sales Limited
4.6% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
- Watkins Car Sales Limited
38.1% - Industry AVG
Profitability
an operating margin of -15.9% make it less profitable than the average company (6.3%)
- Watkins Car Sales Limited
6.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (23)
3 - Watkins Car Sales Limited
23 - Industry AVG
Pay Structure
on an average salary of £7.9k, the company has a lower pay structure (£48.1k)
£7.9k - Watkins Car Sales Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £124.6k, this is less efficient (£153.8k)
- Watkins Car Sales Limited
£153.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Watkins Car Sales Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Watkins Car Sales Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (33 days)
- Watkins Car Sales Limited
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Watkins Car Sales Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2145.9%, this is a higher level of debt than the average (62.3%)
2145.9% - Watkins Car Sales Limited
62.3% - Industry AVG
WATKINS CAR SALES LIMITED financials
Watkins Car Sales Limited's latest turnover from May 2023 is estimated at £373.8 thousand and the company has net assets of -£635.7 thousand. According to their latest financial statements, Watkins Car Sales Limited has 3 employees and maintains cash reserves of £4.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 23,697 | |||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 4 | 4 | 2 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,033 | 287 | 5,384 | 10,168 | 14,241 | 21,930 | 10,847 | 19,659 | 26,604 | 78,528 | 47,339 | 20,458 | 25,688 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Total Fixed Assets | 1,033 | 287 | 5,384 | 10,168 | 14,241 | 21,930 | 10,847 | 19,659 | 26,604 | 78,528 | 47,339 | 20,458 | 25,688 | 0 |
| Stock & work in progress | 4,167 | 124,999 | 177,837 | 159,357 | 238,709 | 218,177 | 264,576 | 303,591 | 317,686 | 307,921 | 437,056 | 420,727 | 373,974 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55,344 | 51,982 | 40,953 | 27,878 | 32,596 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 21,635 | 4,618 | 0 | 0 | 0 | 1,549 | 32,194 | 49,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,237 | 8,127 | 5,976 | 23,858 | 15,013 | 13,580 | 10,393 | 45,961 | 57,044 | 34,180 | 76,282 | 49,653 | 14,502 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 30,039 | 137,744 | 183,813 | 183,215 | 253,722 | 233,306 | 307,163 | 399,052 | 430,074 | 394,083 | 554,291 | 498,258 | 421,072 | 0 |
| total assets | 31,072 | 138,031 | 189,197 | 193,383 | 267,963 | 255,236 | 318,010 | 418,711 | 456,678 | 472,611 | 601,630 | 518,716 | 446,760 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 2,754 | 0 | 0 | 0 | 0 | 0 | 0 | 1,004,945 | 432,174 | 562,572 | 489,913 | 425,713 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| other current liabilities | 666,781 | 711,674 | 742,865 | 754,444 | 834,909 | 831,532 | 901,482 | 973,170 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 666,781 | 714,428 | 742,865 | 754,444 | 834,909 | 831,532 | 901,482 | 973,170 | 1,004,945 | 432,174 | 562,572 | 489,913 | 425,713 | 0 |
| loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 183 | 613 | 881 | 0 | 0 | 1,805 | 3,447 | 4,632 | 203 | 482 | 0 | 0 |
| total long term liabilities | 0 | 0 | 183 | 613 | 881 | 0 | 0 | 1,805 | 3,447 | 4,632 | 203 | 482 | 0 | 0 |
| total liabilities | 666,781 | 714,428 | 743,048 | 755,057 | 835,790 | 831,532 | 901,482 | 974,975 | 1,008,392 | 436,806 | 562,775 | 490,395 | 425,713 | 0 |
| net assets | -635,709 | -576,397 | -553,851 | -561,674 | -567,827 | -576,296 | -583,472 | -556,264 | -551,714 | 35,805 | 38,855 | 28,321 | 21,047 | 0 |
| total shareholders funds | -635,709 | -576,397 | -553,851 | -561,674 | -567,827 | -576,296 | -583,472 | -556,264 | -551,714 | 35,805 | 38,855 | 28,321 | 21,047 | 0 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 421 | 5,097 | 6,334 | 4,372 | 8,131 | 6,615 | 9,487 | 13,334 | 13,912 | 23,760 | 11,773 | 5,457 | 1,483 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||||||
| Stock | -120,832 | -52,838 | 18,480 | -79,352 | 20,532 | -46,399 | -39,015 | -14,095 | 9,765 | -129,135 | 16,329 | 46,753 | 373,974 | 0 |
| Debtors | 17,017 | 4,618 | 0 | 0 | -1,549 | -30,645 | -17,306 | -5,844 | 3,362 | 11,029 | 13,075 | -4,718 | 32,596 | 0 |
| Creditors | -2,754 | 2,754 | 0 | 0 | 0 | 0 | 0 | -1,004,945 | 572,771 | -130,398 | 72,659 | 64,200 | 425,713 | 0 |
| Accruals and Deferred Income | -44,893 | -31,191 | -11,579 | -80,465 | 3,377 | -69,950 | -71,688 | 973,170 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -183 | -430 | -268 | 881 | 0 | -1,805 | -1,642 | -1,185 | 4,429 | -279 | 482 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -3,890 | 2,151 | -17,882 | 8,845 | 1,433 | 3,187 | -35,568 | -11,083 | 22,864 | -42,102 | 26,629 | 35,151 | 14,502 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,890 | 2,151 | -17,882 | 8,845 | 1,433 | 3,187 | -35,568 | -11,083 | 22,864 | -42,102 | 26,629 | 35,151 | 14,502 | 0 |
watkins car sales limited Credit Report and Business Information
Watkins Car Sales Limited Competitor Analysis
Perform a competitor analysis for watkins car sales limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SL6 area or any other competitors across 12 key performance metrics.
watkins car sales limited Ownership
WATKINS CAR SALES LIMITED group structure
Watkins Car Sales Limited has no subsidiary companies.
Ultimate parent company
WATKINS CAR SALES LIMITED
06909157
watkins car sales limited directors
Watkins Car Sales Limited currently has 2 directors. The longest serving directors include Ms Julie Harrington (Oct 2015) and Mr Anthony Watkins (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Julie Harrington | United Kingdom | 57 years | Oct 2015 | - | Director |
| Mr Anthony Watkins | United Kingdom | 51 years | Oct 2015 | - | Director |
P&L
May 2023turnover
373.8k
+24%
operating profit
-59.6k
0%
gross margin
38.1%
-0.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-635.7k
+0.1%
total assets
31.1k
-0.77%
cash
4.2k
-0.48%
net assets
Total assets minus all liabilities
watkins car sales limited company details
company number
06909157
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
MHA
auditor
-
address
building 4 foundation park, roxborough way, maidenhead, SL6 3UD
Bank
-
Legal Advisor
-
watkins car sales 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 watkins car sales limited. Currently there are 1 open charges and 0 have been satisfied in the past.
watkins car sales 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 WATKINS CAR SALES LIMITED. This can take several minutes, an email will notify you when this has completed.
watkins car sales limited Companies House Filings - See Documents
| date | description | view/download |
|---|
