pitstop tyre centre (hayes) limited
pitstop tyre centre (hayes) limited Company Information
Company Number
07207202
Next Accounts
19 days late
Shareholders
jaswinder sanghera
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
40 lynwood avenue, slough, SL3 7BH
Website
www.hayesmot.co.ukpitstop tyre centre (hayes) limited Estimated Valuation
Pomanda estimates the enterprise value of PITSTOP TYRE CENTRE (HAYES) LIMITED at £236.9k based on a Turnover of £470.8k and 0.5x industry multiple (adjusted for size and gross margin).
pitstop tyre centre (hayes) limited Estimated Valuation
Pomanda estimates the enterprise value of PITSTOP TYRE CENTRE (HAYES) LIMITED at £0 based on an EBITDA of £-421 and a 3.31x industry multiple (adjusted for size and gross margin).
pitstop tyre centre (hayes) limited Estimated Valuation
Pomanda estimates the enterprise value of PITSTOP TYRE CENTRE (HAYES) LIMITED at £56.4k based on Net Assets of £28.8k and 1.96x industry multiple (adjusted for liquidity).
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Pitstop Tyre Centre (hayes) Limited Overview
Pitstop Tyre Centre (hayes) Limited is a live company located in slough, SL3 7BH with a Companies House number of 07207202. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 2010, it's largest shareholder is jaswinder sanghera with a 100% stake. Pitstop Tyre Centre (hayes) Limited is a established, micro sized company, Pomanda has estimated its turnover at £470.8k with healthy growth in recent years.
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Pitstop Tyre Centre (hayes) Limited Health Check
Pomanda's financial health check has awarded Pitstop Tyre Centre (Hayes) Limited a 2 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 £470.8k, make it smaller than the average company (£907.6k)
- Pitstop Tyre Centre (hayes) Limited
£907.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.8%)
- Pitstop Tyre Centre (hayes) Limited
5.8% - Industry AVG
Production
with a gross margin of 20.5%, this company has a higher cost of product (41.7%)
- Pitstop Tyre Centre (hayes) Limited
41.7% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (6.6%)
- Pitstop Tyre Centre (hayes) Limited
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (14)
- Pitstop Tyre Centre (hayes) Limited
14 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)
- Pitstop Tyre Centre (hayes) Limited
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £156.9k, this is more efficient (£88.4k)
- Pitstop Tyre Centre (hayes) Limited
£88.4k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (30 days)
- Pitstop Tyre Centre (hayes) Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (39 days)
- Pitstop Tyre Centre (hayes) Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pitstop Tyre Centre (hayes) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pitstop Tyre Centre (hayes) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.5%, this is a higher level of debt than the average (45.2%)
76.5% - Pitstop Tyre Centre (hayes) Limited
45.2% - Industry AVG
PITSTOP TYRE CENTRE (HAYES) LIMITED financials
Pitstop Tyre Centre (Hayes) Limited's latest turnover from June 2023 is estimated at £470.8 thousand and the company has net assets of £28.8 thousand. According to their latest financial statements, we estimate that Pitstop Tyre Centre (Hayes) Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,302,712 | ||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 1,187,162 | ||||||||||||
| Gross Profit | 115,550 | ||||||||||||
| Admin Expenses | 292,370 | ||||||||||||
| Operating Profit | -176,820 | ||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | -176,820 | ||||||||||||
| Tax | 34,136 | ||||||||||||
| Profit After Tax | -142,684 | ||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | -142,684 | ||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 16 | 16 | 21 | ||||||||||
| EBITDA* | -172,558 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,262 | 5,683 | 7,577 | 569 | 760 | 1,014 | 1,352 | 1,469 | 1,957 | ||||
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 4,262 | 5,683 | 7,577 | 569 | 760 | 1,014 | 1,352 | 1,469 | 1,957 | ||||
| Stock & work in progress | 85,133 | 112,884 | 103,017 | 112,884 | 95,179 | 67,384 | 50,178 | ||||||
| Trade Debtors | 122,145 | 430,126 | 15,836 | 285,466 | 287,172 | 147,422 | 7,025 | 6,019 | 22,294 | 22,623 | 22,180 | 14,991 | |
| Group Debtors | |||||||||||||
| Misc Debtors | 126,649 | ||||||||||||
| Cash | 1,062 | 172,702 | 102,399 | 157,156 | 70,916 | 29,775 | 17,167 | 29,653 | 16,434 | ||||
| misc current assets | 928 | ||||||||||||
| total current assets | 122,145 | 127,711 | 430,126 | 273,671 | 285,466 | 287,172 | 250,749 | 277,065 | 179,952 | 164,953 | 134,969 | 119,217 | 81,603 |
| total assets | 122,145 | 127,711 | 434,388 | 279,354 | 293,043 | 287,741 | 251,509 | 278,079 | 181,304 | 166,422 | 136,926 | 119,217 | 81,603 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 63,389 | 185,114 | 222,512 | 243,246 | 234,773 | 195,109 | 219,970 | 141,409 | 141,323 | 123,902 | 111,498 | 77,421 | |
| Group/Directors Accounts | |||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 58,525 | ||||||||||||
| total current liabilities | 63,389 | 58,525 | 185,114 | 222,512 | 243,246 | 234,773 | 195,109 | 219,970 | 141,409 | 141,323 | 123,902 | 111,498 | 77,421 |
| loans | 37,946 | ||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 30,000 | 50,000 | |||||||||||
| provisions | 1,080 | 1,440 | |||||||||||
| total long term liabilities | 30,000 | 37,946 | 50,000 | 1,080 | 1,440 | ||||||||
| total liabilities | 93,389 | 96,471 | 235,114 | 223,592 | 244,686 | 234,773 | 195,109 | 219,970 | 141,409 | 141,323 | 123,902 | 111,498 | 77,421 |
| net assets | 28,756 | 31,240 | 199,274 | 55,762 | 48,357 | 52,968 | 56,400 | 58,109 | 39,895 | 25,099 | 13,024 | 7,719 | 4,182 |
| total shareholders funds | 28,756 | 31,240 | 199,274 | 55,762 | 48,357 | 52,968 | 56,400 | 58,109 | 39,895 | 25,099 | 13,024 | 7,719 | 4,182 |
| Jun 2023 | Jun 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | -176,820 | ||||||||||||
| Depreciation | 4,262 | 338 | 450 | 489 | 653 | ||||||||
| Amortisation | |||||||||||||
| Tax | 34,136 | ||||||||||||
| Stock | -85,133 | 85,133 | -112,884 | 9,867 | -9,867 | 17,705 | 27,795 | 17,206 | 50,178 | ||||
| Debtors | -4,504 | -303,477 | 414,290 | -269,630 | -1,706 | 139,750 | 140,397 | 1,006 | -16,275 | -329 | 443 | 7,189 | 14,991 |
| Creditors | 63,389 | -185,114 | -37,398 | -20,734 | 8,473 | 39,664 | -24,861 | 78,561 | 86 | 17,421 | 12,404 | 34,077 | 77,421 |
| Accruals and Deferred Income | -58,525 | 58,525 | |||||||||||
| Deferred Taxes & Provisions | -1,080 | -360 | 1,440 | ||||||||||
| Cash flow from operations | 38,466 | ||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | -37,946 | 37,946 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | 30,000 | -50,000 | 50,000 | ||||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | -37,404 | ||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -1,062 | 1,062 | -172,702 | 172,702 | -102,399 | -54,757 | 86,240 | 41,141 | 12,608 | -12,486 | 13,219 | 16,434 | |
| overdraft | |||||||||||||
| change in cash | -1,062 | 1,062 | -172,702 | 172,702 | -102,399 | -54,757 | 86,240 | 41,141 | 12,608 | -12,486 | 13,219 | 16,434 |
pitstop tyre centre (hayes) limited Credit Report and Business Information
Pitstop Tyre Centre (hayes) Limited Competitor Analysis
Perform a competitor analysis for pitstop tyre centre (hayes) limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in SL3 area or any other competitors across 12 key performance metrics.
pitstop tyre centre (hayes) limited Ownership
PITSTOP TYRE CENTRE (HAYES) LIMITED group structure
Pitstop Tyre Centre (Hayes) Limited has no subsidiary companies.
Ultimate parent company
PITSTOP TYRE CENTRE (HAYES) LIMITED
07207202
pitstop tyre centre (hayes) limited directors
Pitstop Tyre Centre (Hayes) Limited currently has 2 directors. The longest serving directors include Mr Harpal Sanghera (Mar 2010) and Mr Jaswinder Sanghera (Mar 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harpal Sanghera | England | 46 years | Mar 2010 | - | Director |
| Mr Jaswinder Sanghera | United Kingdom | 44 years | Mar 2010 | - | Director |
P&L
June 2023turnover
470.8k
-64%
operating profit
-421.5
0%
gross margin
20.6%
+131.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
28.8k
-0.08%
total assets
122.1k
-0.04%
cash
0
-1%
net assets
Total assets minus all liabilities
pitstop tyre centre (hayes) limited company details
company number
07207202
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
March 2010
age
15
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
chaincraft limited (June 2010)
accountant
-
auditor
-
address
40 lynwood avenue, slough, SL3 7BH
Bank
-
Legal Advisor
-
pitstop tyre centre (hayes) 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 pitstop tyre centre (hayes) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
pitstop tyre centre (hayes) 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 PITSTOP TYRE CENTRE (HAYES) LIMITED. This can take several minutes, an email will notify you when this has completed.
pitstop tyre centre (hayes) limited Companies House Filings - See Documents
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