tandem motor finance limited
tandem motor finance limited Company Information
Company Number
07213812
Next Accounts
Sep 2025
Industry
Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
Shareholders
oplo group limited
Group Structure
View All
Contact
Registered Address
viscount court, sir frank whittle way, blackpool, FY4 2FB
Website
www.1ststopgroup.co.uktandem motor finance limited Estimated Valuation
Pomanda estimates the enterprise value of TANDEM MOTOR FINANCE LIMITED at £61.3k based on a Turnover of £46.3k and 1.33x industry multiple (adjusted for size and gross margin).
tandem motor finance limited Estimated Valuation
Pomanda estimates the enterprise value of TANDEM MOTOR FINANCE LIMITED at £4m based on an EBITDA of £742.7k and a 5.44x industry multiple (adjusted for size and gross margin).
tandem motor finance limited Estimated Valuation
Pomanda estimates the enterprise value of TANDEM MOTOR FINANCE LIMITED at £0 based on Net Assets of £-5.7m and 2.3x industry multiple (adjusted for liquidity).
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Tandem Motor Finance Limited Overview
Tandem Motor Finance Limited is a live company located in blackpool, FY4 2FB with a Companies House number of 07213812. It operates in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in April 2010, it's largest shareholder is oplo group limited with a 100% stake. Tandem Motor Finance Limited is a established, micro sized company, Pomanda has estimated its turnover at £46.3k with declining growth in recent years.
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Tandem Motor Finance Limited Health Check
Pomanda's financial health check has awarded Tandem Motor Finance Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £46.3k, make it smaller than the average company (£7.3m)
£46.3k - Tandem Motor Finance Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -85%, show it is growing at a slower rate (6.6%)
-85% - Tandem Motor Finance Limited
6.6% - Industry AVG
Production
with a gross margin of 74.7%, this company has a lower cost of product (54.6%)
74.7% - Tandem Motor Finance Limited
54.6% - Industry AVG
Profitability
an operating margin of 1602.6% make it more profitable than the average company (13.5%)
1602.6% - Tandem Motor Finance Limited
13.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (33)
- Tandem Motor Finance Limited
33 - Industry AVG
Pay Structure
on an average salary of £61.7k, the company has an equivalent pay structure (£61.7k)
- Tandem Motor Finance Limited
£61.7k - Industry AVG
Efficiency
resulting in sales per employee of £46.3k, this is less efficient (£386.4k)
- Tandem Motor Finance Limited
£386.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Tandem Motor Finance Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 23371 days, this is slower than average (34 days)
23371 days - Tandem Motor Finance Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tandem Motor Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (12 weeks)
45 weeks - Tandem Motor Finance Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 405.3%, this is a higher level of debt than the average (91.3%)
405.3% - Tandem Motor Finance Limited
91.3% - Industry AVG
TANDEM MOTOR FINANCE LIMITED financials
Tandem Motor Finance Limited's latest turnover from December 2023 is £46.3 thousand and the company has net assets of -£5.7 million. According to their latest financial statements, we estimate that Tandem Motor Finance Limited has 1 employee and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 46,267 | 492,332 | 4,945,422 | 10,778,620 | 15,010,937 | 13,664,690 | 11,327,292 | 9,150,653 | 4,909,528 | 2,109,340 | 1,925,803 | 1,106,678 | 458,635 | 117,190 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 11,704 | 478,012 | 2,071,859 | 1,004,667 | 2,229,050 | 1,864,383 | 1,739,564 | 2,461,155 | 1,576,704 | 816,307 | 701,906 | 349,055 | 178,409 | 82,251 |
| Gross Profit | 34,563 | 14,320 | 2,873,563 | 9,773,953 | 12,781,887 | 11,800,307 | 9,587,728 | 6,689,498 | 3,332,824 | 1,293,033 | 1,223,897 | 757,623 | 280,226 | 34,939 |
| Admin Expenses | 4,665,859 | 9,760,186 | 7,309,727 | 5,611,636 | 3,738,558 | 2,048,539 | 1,325,914 | 673,080 | 335,796 | 100,030 | 28,039 | |||
| Operating Profit | 5,108,094 | 3,021,701 | 4,490,580 | 3,976,092 | 2,950,940 | 1,284,285 | -32,881 | 550,817 | 421,827 | 180,196 | 6,900 | |||
| Interest Payable | 0 | 0 | 0 | 4,102,536 | 5,879,320 | 6,099,606 | 4,391,598 | 4,233,910 | 595,634 | 322,293 | 313,606 | 198,818 | 51,527 | 511 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 87,265 | -3,109,213 | 1,596,801 | 1,005,558 | -2,857,619 | -1,609,026 | -415,506 | -1,282,970 | 688,651 | -355,174 | 237,211 | 223,009 | 128,669 | 6,389 |
| Tax | -22,569 | 64,024 | -300,274 | -206,849 | 539,698 | 295,872 | 57,779 | 240,599 | -3,835 | -67,865 | -55,661 | -53,242 | -31,386 | -1,342 |
| Profit After Tax | 64,696 | -3,045,189 | 1,296,527 | 798,709 | -2,317,921 | -1,313,154 | -357,727 | -1,042,371 | 684,816 | -423,039 | 181,550 | 169,767 | 97,283 | 5,047 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 300,000 | 200,000 | 0 | 0 | 0 | 0 |
| Retained Profit | 64,696 | -3,045,189 | 1,296,527 | 798,709 | -2,317,921 | -1,313,154 | -357,727 | -1,062,371 | 384,816 | -623,039 | 181,550 | 169,767 | 97,283 | 5,047 |
| Employee Costs | 682,590 | 1,330,491 | 1,267,516 | 1,213,441 | 892,267 | |||||||||
| Number Of Employees | 31 | 25 | 19 | |||||||||||
| EBITDA* | 5,142,063 | 3,072,883 | 4,559,681 | 4,040,887 | 2,999,122 | 1,321,052 | -16,555 | 557,469 | 423,604 | 180,496 | 6,900 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 1,221 | 6,194 | 18,174 | 52,142 | 105,738 | 166,607 | 117,481 | 131,232 | 86,677 | 35,698 | 13,968 | 3,300 | 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) | 42,650 | 521,297 | 27,452,281 | 41,414,584 | 55,275,633 | 54,392,033 | 46,200,199 | 17,561,028 | 8,654,510 | 2,061,702 | 2,026,326 | 1,883,992 | 772,915 | 304,587 |
| Total Fixed Assets | 42,650 | 522,518 | 27,458,475 | 41,432,758 | 55,327,775 | 54,497,771 | 46,366,806 | 17,678,509 | 8,785,742 | 2,148,379 | 2,062,024 | 1,897,960 | 776,215 | 304,587 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 16,174,778 | 24,723,109 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 122,473 | 778,954 | 0 | 0 | 0 | 0 | 848,532 | 0 | 483,928 | 100 | 100 | 100 | 100 | 100 |
| Misc Debtors | 54,370 | 34,802 | 15,019,529 | 110,574 | 369,503 | 15,885,317 | 10,195,538 | 11,483,997 | 3,966,665 | 1,970,775 | 1,412,020 | 923,321 | 422,300 | 172,584 |
| Cash | 1,654,576 | 760,228 | 281,386 | 211,006 | 599,648 | 1,078,325 | 1,660,462 | 965,866 | 391,092 | 189,014 | 223,198 | 67,774 | 131 | 29,188 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 163 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,831,419 | 1,573,984 | 15,300,915 | 16,496,358 | 25,692,260 | 16,963,642 | 12,704,695 | 12,449,863 | 4,841,685 | 2,159,889 | 1,635,318 | 991,195 | 422,531 | 201,872 |
| total assets | 1,874,069 | 2,096,502 | 42,759,390 | 57,929,116 | 81,020,035 | 71,461,413 | 59,071,501 | 30,128,372 | 13,627,427 | 4,308,268 | 3,697,342 | 2,889,155 | 1,198,746 | 506,459 |
| 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 | 749,409 | 254,682 | 6,004 | 47,217 | 1,650,122 | 650,139 | 342,695 | 23,276 | 170,600 | 22,585 | 2,488 | 5,273 | 4,780 | 4,367 |
| Group/Directors Accounts | 1,092,839 | 456,290 | 0 | 0 | 0 | 544,048 | 9,545,112 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 45,270 | 463,377 | 782,100 | 5,941,770 | 2,427,027 | 1,301,798 | 1,248,085 | 721,866 | 259,768 | 49,147 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,486 | 3,486 | 3,486 | 3,405 | 0 | 0 |
| other current liabilities | 65,289 | 83,694 | 19,105 | 35,656 | 385,318 | 397,326 | 71,337 | 384,794 | 1,475,671 | 1,183,491 | 140,600 | 67,650 | 35,856 | 3,254 |
| total current liabilities | 1,907,537 | 794,666 | 25,109 | 82,873 | 2,080,710 | 2,054,890 | 10,741,244 | 6,349,840 | 4,076,784 | 2,511,360 | 1,394,659 | 798,194 | 300,404 | 56,768 |
| loans | 5,687,439 | 7,087,439 | 45,474,695 | 61,883,184 | 83,774,975 | 71,924,252 | 49,534,832 | 24,625,379 | 9,304,577 | 1,941,572 | 1,831,516 | 1,810,181 | 795,252 | 444,544 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,524 | 10,010 | 13,594 | 7,465 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 24,018 | 14,618 | 3,826 | 1,118 | 660 | 0 |
| total long term liabilities | 5,687,439 | 7,087,439 | 45,474,695 | 61,883,184 | 83,774,975 | 71,924,252 | 49,534,832 | 24,625,379 | 9,335,119 | 1,966,200 | 1,848,936 | 1,818,764 | 795,912 | 444,544 |
| total liabilities | 7,594,976 | 7,882,105 | 45,499,804 | 61,966,057 | 85,855,685 | 73,979,142 | 60,276,076 | 30,975,219 | 13,411,903 | 4,477,560 | 3,243,595 | 2,616,958 | 1,096,316 | 501,312 |
| net assets | -5,720,907 | -5,785,603 | -2,740,414 | -4,036,941 | -4,835,650 | -2,517,729 | -1,204,575 | -846,847 | 215,524 | -169,292 | 453,747 | 272,197 | 102,430 | 5,147 |
| total shareholders funds | -5,720,907 | -5,785,603 | -2,740,414 | -4,036,941 | -4,835,650 | -2,517,729 | -1,204,575 | -846,847 | 215,524 | -169,292 | 453,747 | 272,197 | 102,430 | 5,147 |
| Dec 2023 | Dec 2022 | Dec 2021 | 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 | 5,108,094 | 3,021,701 | 4,490,580 | 3,976,092 | 2,950,940 | 1,284,285 | -32,881 | 550,817 | 421,827 | 180,196 | 6,900 | |||
| Depreciation | 1,221 | 4,973 | 11,980 | 33,969 | 51,182 | 69,101 | 64,795 | 48,182 | 36,767 | 16,326 | 6,652 | 1,777 | 300 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -22,569 | 64,024 | -300,274 | -206,849 | 539,698 | 295,872 | 57,779 | 240,599 | -3,835 | -67,865 | -55,661 | -53,242 | -31,386 | -1,342 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,115,560 | -41,136,757 | -37,896,435 | -22,668,309 | 10,090,895 | 13,033,081 | 28,199,244 | 15,939,922 | 9,072,526 | 594,131 | 631,033 | 1,612,098 | 718,044 | 477,271 |
| Creditors | 494,727 | 248,678 | -1,644,118 | -1,602,905 | 999,983 | 307,444 | 319,419 | -147,324 | 148,015 | 20,097 | -2,785 | 493 | 413 | 4,367 |
| Accruals and Deferred Income | -18,405 | 64,589 | -366,213 | -349,662 | -12,008 | 325,989 | -313,457 | -1,090,877 | 292,180 | 1,042,891 | 72,950 | 31,794 | 32,602 | 3,254 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24,018 | 9,400 | 10,792 | 2,708 | 458 | 660 | 0 |
| Cash flow from operations | 25,650,956 | -5,490,339 | -7,544,095 | -24,094,616 | -13,962,420 | -7,305,714 | 395,229 | -56,352 | -1,208,991 | -535,259 | -464,092 | |||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | -7,475 | -113,922 | -42,250 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | -7,475 | -113,922 | -42,250 | ||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 636,549 | 456,290 | 0 | 0 | -544,048 | -9,001,064 | 9,545,112 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -45,270 | -45,270 | -418,107 | -318,723 | -5,159,670 | 3,514,743 | 1,125,229 | 53,713 | 526,219 | 462,098 | 210,621 | 49,147 |
| Long term loans | -1,400,000 | -38,387,256 | -38,300,280 | -21,891,791 | 11,850,723 | 22,389,420 | 24,909,453 | 15,320,802 | 7,363,005 | 110,056 | 21,335 | 1,014,929 | 350,708 | 444,544 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,010 | -3,486 | -3,584 | 6,210 | 10,870 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | -4,102,536 | -5,879,320 | -6,099,606 | -4,391,598 | -4,233,910 | -595,634 | -322,293 | -313,606 | -198,818 | -51,527 | -511 |
| cash flow from financing | -763,451 | -37,930,966 | -37,546,841 | -26,039,597 | 5,009,248 | 6,970,027 | 24,903,296 | 14,591,625 | 7,889,114 | -162,108 | 240,158 | 1,289,079 | 509,802 | 493,280 |
| cash and cash equivalents | ||||||||||||||
| cash | 894,348 | 478,842 | -318,262 | -388,642 | -478,677 | -582,137 | 694,596 | 574,774 | 202,078 | -34,184 | 155,424 | 67,643 | -29,057 | 29,188 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 894,348 | 478,842 | -318,262 | -388,642 | -478,677 | -582,137 | 694,596 | 574,774 | 202,078 | -34,184 | 155,424 | 67,643 | -29,057 | 29,188 |
tandem motor finance limited Credit Report and Business Information
Tandem Motor Finance Limited Competitor Analysis
Perform a competitor analysis for tandem motor finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in FY4 area or any other competitors across 12 key performance metrics.
tandem motor finance limited Ownership
TANDEM MOTOR FINANCE LIMITED group structure
Tandem Motor Finance Limited has no subsidiary companies.
Ultimate parent company
2 parents
TANDEM MOTOR FINANCE LIMITED
07213812
tandem motor finance limited directors
Tandem Motor Finance Limited currently has 3 directors. The longest serving directors include Mr Alexander Mollart (Apr 2010) and Mr Stephen Beard (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Mollart | United Kingdom | 49 years | Apr 2010 | - | Director |
| Mr Stephen Beard | United Kingdom | 47 years | Mar 2020 | - | Director |
| Ms Susannah Aliker | 58 years | Jan 2022 | - | Director |
P&L
December 2023turnover
46.3k
-91%
operating profit
741.5k
0%
gross margin
74.8%
+2468.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-5.7m
-0.01%
total assets
1.9m
-0.11%
cash
1.7m
+1.18%
net assets
Total assets minus all liabilities
Similar Companies
tandem motor finance limited company details
company number
07213812
Type
Private limited with Share Capital
industry
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
incorporation date
April 2010
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
oplo cf ltd (November 2022)
1st stop car finance ltd (August 2020)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
viscount court, sir frank whittle way, blackpool, FY4 2FB
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
tandem motor finance 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 did not find charges/mortgages relating to tandem motor finance limited.
tandem motor finance limited Capital Raised & Share Issues BETA
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tandem motor finance limited Companies House Filings - See Documents
| date | description | view/download |
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