automotive repair solutions limited
automotive repair solutions limited Company Information
Company Number
07167545
Next Accounts
4608 days late
Directors
Shareholders
risk capital partners 11 lp
risk capital partners co-investment partnership lp
View AllGroup Structure
View All
Industry
Maintenance and repair of motor vehicles
Registered Address
unit 1 magnet road, grays, west thurrock, essex, RM20 4DP
Website
-automotive repair solutions limited Estimated Valuation
Pomanda estimates the enterprise value of AUTOMOTIVE REPAIR SOLUTIONS LIMITED at £11.5m based on a Turnover of £25.4m and 0.45x industry multiple (adjusted for size and gross margin).
automotive repair solutions limited Estimated Valuation
Pomanda estimates the enterprise value of AUTOMOTIVE REPAIR SOLUTIONS LIMITED at £0 based on an EBITDA of £-1.4m and a 5.48x industry multiple (adjusted for size and gross margin).
automotive repair solutions limited Estimated Valuation
Pomanda estimates the enterprise value of AUTOMOTIVE REPAIR SOLUTIONS LIMITED at £0 based on Net Assets of £-6.5m and 3.09x industry multiple (adjusted for liquidity).
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Automotive Repair Solutions Limited Overview
Automotive Repair Solutions Limited is a live company located in west thurrock, RM20 4DP with a Companies House number of 07167545. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in February 2010, it's largest shareholder is risk capital partners 11 lp with a 46.3% stake. Automotive Repair Solutions Limited is a established, large sized company, Pomanda has estimated its turnover at £25.4m with unknown growth in recent years.
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Automotive Repair Solutions Limited Health Check
Pomanda's financial health check has awarded Automotive Repair Solutions Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £25.4m, make it larger than the average company (£255k)
£25.4m - Automotive Repair Solutions Limited
£255k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Automotive Repair Solutions Limited
- - Industry AVG
Production
with a gross margin of 34.2%, this company has a higher cost of product (42.8%)
34.2% - Automotive Repair Solutions Limited
42.8% - Industry AVG
Profitability
an operating margin of -10.5% make it less profitable than the average company (7.9%)
-10.5% - Automotive Repair Solutions Limited
7.9% - Industry AVG
Employees
with 550 employees, this is above the industry average (46)
550 - Automotive Repair Solutions Limited
46 - Industry AVG
Pay Structure
on an average salary of £13.4k, the company has a lower pay structure (£23.6k)
£13.4k - Automotive Repair Solutions Limited
£23.6k - Industry AVG
Efficiency
resulting in sales per employee of £46.1k, this is less efficient (£85.6k)
£46.1k - Automotive Repair Solutions Limited
£85.6k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (21 days)
56 days - Automotive Repair Solutions Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (38 days)
54 days - Automotive Repair Solutions Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 24 days, this is more than average (13 days)
24 days - Automotive Repair Solutions Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is average cash available to meet short term requirements (16 weeks)
14 weeks - Automotive Repair Solutions Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 129.7%, this is a higher level of debt than the average (77.2%)
129.7% - Automotive Repair Solutions Limited
77.2% - Industry AVG
AUTOMOTIVE REPAIR SOLUTIONS LIMITED financials
Automotive Repair Solutions Limited's latest turnover from September 2010 is £25.4 million and the company has net assets of -£6.5 million. According to their latest financial statements, Automotive Repair Solutions Limited has 550 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2010 | |
|---|---|
| Turnover | 25,369,691 |
| Other Income Or Grants | 0 |
| Cost Of Sales | 16,691,745 |
| Gross Profit | 8,677,946 |
| Admin Expenses | 11,355,585 |
| Operating Profit | -2,677,639 |
| Interest Payable | 844,106 |
| Interest Receivable | 0 |
| Pre-Tax Profit | -6,746,009 |
| Tax | 241,984 |
| Profit After Tax | -6,504,025 |
| Dividends Paid | 0 |
| Retained Profit | -6,504,025 |
| Employee Costs | 7,394,664 |
| Number Of Employees | 550 |
| EBITDA* | -1,396,813 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2010 | |
|---|---|
| Tangible Assets | 1,611,052 |
| Intangible Assets | 11,561,504 |
| Investments & Other | 552,784 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 13,725,340 |
| Stock & work in progress | 1,107,917 |
| Trade Debtors | 3,921,184 |
| Group Debtors | 0 |
| Misc Debtors | 1,112,494 |
| Cash | 1,984,679 |
| misc current assets | 0 |
| total current assets | 8,126,274 |
| total assets | 21,851,614 |
| Bank overdraft | 165,474 |
| Bank loan | 1,400,000 |
| Trade Creditors | 2,500,870 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 13,152 |
| other current liabilities | 2,887,593 |
| total current liabilities | 6,967,089 |
| loans | 19,427,061 |
| hp & lease commitments | 18,729 |
| Accruals and Deferred Income | 0 |
| other liabilities | 1,922,760 |
| provisions | 0 |
| total long term liabilities | 21,368,550 |
| total liabilities | 28,335,639 |
| net assets | -6,484,025 |
| total shareholders funds | -6,484,025 |
| Sep 2010 | |
|---|---|
| Operating Activities | |
| Operating Profit | -2,677,639 |
| Depreciation | 776,500 |
| Amortisation | 504,326 |
| Tax | 241,984 |
| Stock | 1,107,917 |
| Debtors | 5,033,678 |
| Creditors | 2,500,870 |
| Accruals and Deferred Income | 2,887,593 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | -1,907,961 |
| Investing Activities | |
| capital expenditure | -19,133,710 |
| Change in Investments | 552,784 |
| cash flow from investments | -19,686,494 |
| Financing Activities | |
| Bank loans | 1,400,000 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 19,427,061 |
| Hire Purchase and Lease Commitments | 31,881 |
| other long term liabilities | 1,922,760 |
| share issue | |
| interest | -844,106 |
| cash flow from financing | 21,957,596 |
| cash and cash equivalents | |
| cash | 1,984,679 |
| overdraft | 165,474 |
| change in cash | 1,819,205 |
automotive repair solutions limited Credit Report and Business Information
Automotive Repair Solutions Limited Competitor Analysis
Perform a competitor analysis for automotive repair solutions limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in RM20 area or any other competitors across 12 key performance metrics.
automotive repair solutions limited Ownership
AUTOMOTIVE REPAIR SOLUTIONS LIMITED group structure
Automotive Repair Solutions Limited has no subsidiary companies.
Ultimate parent company
AUTOMOTIVE REPAIR SOLUTIONS LIMITED
07167545
automotive repair solutions limited directors
Automotive Repair Solutions Limited currently has 1 director, Mr Robert Florence serving since Jan 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Florence | United Kingdom | 64 years | Jan 2011 | - | Director |
P&L
September 2010turnover
25.4m
0%
operating profit
-2.7m
0%
gross margin
34.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2010net assets
-6.5m
0%
total assets
21.9m
0%
cash
2m
0%
net assets
Total assets minus all liabilities
automotive repair solutions limited company details
company number
07167545
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
February 2010
age
15
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
September 2010
previous names
broomco (4212) limited (July 2010)
accountant
-
auditor
-
address
unit 1 magnet road, grays, west thurrock, essex, RM20 4DP
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
automotive repair solutions 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 4 charges/mortgages relating to automotive repair solutions limited. Currently there are 2 open charges and 2 have been satisfied in the past.
automotive repair solutions 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 AUTOMOTIVE REPAIR SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
automotive repair solutions limited Companies House Filings - See Documents
| date | description | view/download |
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