Pomanda estimates the enterprise value of ENVIROCAR HIRE LIMITED at £3.1m based on a Turnover of £4.2m and 0.75x industry multiple (adjusted for size and gross margin).
envirocar hire limitedEstimated Valuation
£554.4k
Pomanda estimates the enterprise value of ENVIROCAR HIRE LIMITED at £554.4k based on an EBITDA of £157.9k and a 3.51x industry multiple (adjusted for size and gross margin).
envirocar hire limitedEstimated Valuation
£2.1m
Pomanda estimates the enterprise value of ENVIROCAR HIRE LIMITED at £2.1m based on Net Assets of £922.1k and 2.3x industry multiple (adjusted for liquidity).
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Envirocar Hire LimitedOverview
Envirocar Hire Limited is a live company located in stansted, CM24 1SF with a Companies House number of 06993983. It operates in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in August 2009, it's largest shareholder is
sean lahiffe
with a 50% stake. Envirocar Hire Limited is a established,
small sized company, Pomanda has estimated its turnover at
£4.2m with
high
growth in recent years.
Pomanda's financial health check has awarded Envirocar Hire Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £4.2m, make it smaller than the average company (£13.3m)
£4.2m - Envirocar Hire Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (5.8%)
26% - Envirocar Hire Limited
5.8% - Industry AVG
Production
with a gross margin of 32.7%, this company has a comparable cost of product (32.7%)
32.7% - Envirocar Hire Limited
32.7% - Industry AVG
Profitability
an operating margin of 1.2% make it less profitable than the average company (12.1%)
1.2% - Envirocar Hire Limited
12.1% - Industry AVG
Employees
with 25 employees, this is below the industry average (36)
25 - Envirocar Hire Limited
36 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
£41.5k - Envirocar Hire Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £167.5k, this is less efficient (£326.2k)
£167.5k - Envirocar Hire Limited
£326.2k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (34 days)
35 days - Envirocar Hire Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (24 days)
5 days - Envirocar Hire Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Envirocar Hire Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 65 weeks, this is more cash available to meet short term requirements (4 weeks)
65 weeks - Envirocar Hire Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.4%, this is a lower level of debt than the average (78.6%)
49.4% - Envirocar Hire Limited
78.6% - Industry AVG
ENVIROCAR HIRE LIMITED financials
EXPORT
Envirocar Hire Limited's latest turnover from August 2023 is estimated at £4.2 million and the company has net assets of £922.1 thousand. According to their latest financial statements, Envirocar Hire Limited has 25 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Turnover
4,188,403
3,014,550
1,286,400
2,082,090
4,010,624
3,663,014
2,111,930
1,604,602
1,291,602
959,703
633,984
246,470
131,004
108,226
Other Income Or Grants
Cost Of Sales
2,819,240
2,107,304
984,147
1,583,533
2,880,575
2,643,878
1,484,579
1,122,144
926,562
682,837
434,329
173,115
88,840
73,394
Gross Profit
1,369,163
907,246
302,253
498,557
1,130,049
1,019,136
627,352
482,458
365,041
276,866
199,655
73,355
42,164
34,832
Admin Expenses
1,319,781
108,732
293,474
499,916
988,277
1,009,898
565,386
461,176
364,574
273,408
186,250
30,629
35,056
82,440
Operating Profit
49,382
798,514
8,779
-1,359
141,772
9,238
61,966
21,282
467
3,458
13,405
42,726
7,108
-47,608
Interest Payable
14,898
20,722
8,235
1,279
1,330
Interest Receivable
66,961
20,209
764
766
5,693
3,588
444
128
1
35
80
106
59
Pre-Tax Profit
101,445
798,000
1,307
-593
147,465
12,826
62,410
20,131
-863
3,459
13,440
42,807
7,214
-47,549
Tax
-25,361
-151,620
-248
-28,018
-2,437
-11,858
-4,026
-726
-3,091
-10,274
-1,876
Profit After Tax
76,084
646,380
1,059
-593
119,447
10,389
50,552
16,105
-863
2,733
10,349
32,533
5,338
-47,549
Dividends Paid
Retained Profit
76,084
646,380
1,059
-593
119,447
10,389
50,552
16,105
-863
2,733
10,349
32,533
5,338
-47,549
Employee Costs
1,038,494
613,524
398,406
622,935
680,000
546,865
338,716
231,366
157,769
125,578
86,395
29,453
27,942
30,546
Number Of Employees
25
16
12
18
20
16
10
7
5
4
3
1
1
1
EBITDA*
157,907
800,858
10,590
4,182
143,434
11,253
64,194
22,948
1,360
8,217
18,176
47,402
11,763
-42,991
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Tangible Assets
325,575
7,035
5,436
16,622
4,984
6,046
6,686
4,998
3,571
662
667
429
154
Intangible Assets
4,618
9,235
13,853
18,470
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
325,575
7,035
5,436
16,622
4,984
6,046
6,686
4,998
3,571
662
5,285
9,664
14,007
18,470
Stock & work in progress
Trade Debtors
408,226
437,828
104,099
71,390
195,084
198,633
185,751
155,323
152,226
122,668
78,476
29,872
14,187
5,254
Group Debtors
Misc Debtors
37,781
29,499
6,169
75,715
Cash
1,050,044
1,500,852
808,735
719,010
813,758
704,442
252,336
102,507
6
467
13,499
18,575
23,675
misc current assets
6,774
total current assets
1,496,051
1,968,179
919,003
872,889
1,008,842
903,075
438,087
257,830
152,226
122,674
78,943
43,371
32,762
28,929
total assets
1,821,626
1,975,214
924,439
889,511
1,013,826
909,121
444,773
262,828
155,797
123,336
84,228
53,035
46,769
47,399
Bank overdraft
40,935
Bank loan
Trade Creditors
41,645
91,022
84,814
221,343
814,692
829,434
375,475
244,082
112,143
119,832
82,785
28,660
21,992
27,958
Group/Directors Accounts
other short term finances
hp & lease commitments
76,790
other current liabilities
714,311
773,440
370,025
469,627
78
total current liabilities
832,746
864,462
454,839
690,970
814,692
829,434
375,475
244,082
153,156
119,832
82,785
28,660
21,992
27,958
loans
80
264,772
270,000
hp & lease commitments
66,736
Accruals and Deferred Income
other liabilities
672
33,953
66,888
66,890
provisions
total long term liabilities
66,816
264,772
270,000
672
33,953
66,888
66,890
total liabilities
899,562
1,129,234
724,839
690,970
814,692
829,434
375,475
244,082
153,156
119,832
83,457
62,613
88,880
94,848
net assets
922,064
845,980
199,600
198,541
199,134
79,687
69,298
18,746
2,641
3,504
771
-9,578
-42,111
-47,449
total shareholders funds
922,064
845,980
199,600
198,541
199,134
79,687
69,298
18,746
2,641
3,504
771
-9,578
-42,111
-47,449
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Operating Activities
Operating Profit
49,382
798,514
8,779
-1,359
141,772
9,238
61,966
21,282
467
3,458
13,405
42,726
7,108
-47,608
Depreciation
108,525
2,344
1,811
5,541
1,662
2,015
2,228
1,666
893
141
154
58
38
Amortisation
4,618
4,617
4,618
4,617
4,617
Tax
-25,361
-151,620
-248
-28,018
-2,437
-11,858
-4,026
-726
-3,091
-10,274
-1,876
Stock
Debtors
-21,320
357,059
-36,837
-47,979
-3,549
12,882
30,428
3,097
29,558
44,192
48,604
15,685
8,933
5,254
Creditors
-49,377
6,208
-136,529
-593,349
-14,742
453,959
131,393
131,939
-7,689
37,047
54,125
6,668
-5,966
27,958
Accruals and Deferred Income
-59,129
403,415
-99,602
469,627
-78
78
Deferred Taxes & Provisions
Cash flow from operations
45,360
701,802
-188,952
-71,561
104,223
449,893
153,301
147,686
-35,809
346
20,606
28,111
-5,012
-20,287
Investing Activities
capital expenditure
-427,065
-3,943
9,375
-17,179
-600
-1,375
-3,916
-3,093
-3,802
-136
-392
-333
-192
-23,087
Change in Investments
cash flow from investments
-427,065
-3,943
9,375
-17,179
-600
-1,375
-3,916
-3,093
-3,802
-136
-392
-333
-192
-23,087
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-264,692
-5,228
270,000
Hire Purchase and Lease Commitments
143,526
other long term liabilities
-672
-33,281
-32,935
-2
66,890
share issue
100
interest
52,063
-513
-7,471
766
5,693
3,588
444
-1,151
-1,330
1
35
80
106
59
cash flow from financing
-69,103
-5,741
262,529
766
5,693
3,588
444
-1,151
-1,330
-671
-33,246
-32,855
104
67,049
cash and cash equivalents
cash
-450,808
692,117
89,725
-94,748
109,316
452,106
149,829
102,507
-6
-461
-13,032
-5,076
-5,100
23,675
overdraft
-40,935
40,935
change in cash
-450,808
692,117
89,725
-94,748
109,316
452,106
149,829
143,442
-40,941
-461
-13,032
-5,076
-5,100
23,675
envirocar hire limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for envirocar hire limited. Get real-time insights into envirocar hire limited's credit score, group structure and payment trends.
Perform a competitor analysis for envirocar hire limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CM24 area or any other competitors across 12 key performance metrics.
envirocar hire limited Ownership
ENVIROCAR HIRE LIMITED group structure
Envirocar Hire Limited has no subsidiary companies.
Ultimate parent company
ENVIROCAR HIRE LIMITED
06993983
ENVIROCAR HIRE LIMITED Shareholders
The largest shareholders in Envirocar Hire Limited include Sean Lahiffe and Matthew Paul Jones.
sean lahiffe
50%
matthew paul jones
50%
envirocar hire limited directors
Envirocar Hire Limited currently has 2 directors.
The longest serving directors include
Mr Matthew Jones (Aug 2009) and
Mr Sean Lahiffe (Aug 2009).
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 envirocar hire limited.
envirocar hire 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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envirocar hire limitedCompanies House Filings - See Documents
