tandem motor finance limited

Live EstablishedMicroDeclining

tandem motor finance limited Company Information

Share TANDEM MOTOR FINANCE LIMITED

Company Number

07213812

Shareholders

oplo group limited

Group Structure

View All

Industry

Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors

 

Registered Address

viscount court, sir frank whittle way, blackpool, FY4 2FB

tandem motor finance limited Estimated Valuation

£81.5k

Pomanda estimates the enterprise value of TANDEM MOTOR FINANCE LIMITED at £81.5k based on a Turnover of £46.3k and 1.76x industry multiple (adjusted for size and gross margin).

tandem motor finance limited Estimated Valuation

£4.8m

Pomanda estimates the enterprise value of TANDEM MOTOR FINANCE LIMITED at £4.8m based on an EBITDA of £742.7k and a 6.42x industry multiple (adjusted for size and gross margin).

tandem motor finance limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TANDEM MOTOR FINANCE LIMITED at £0 based on Net Assets of £-5.7m and 2.41x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

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.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £46.3k, make it smaller than the average company (£16m)

£46.3k - Tandem Motor Finance Limited

£16m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -85%, show it is growing at a slower rate (17.2%)

-85% - Tandem Motor Finance Limited

17.2% - Industry AVG

production

Production

with a gross margin of 74.7%, this company has a lower cost of product (17%)

74.7% - Tandem Motor Finance Limited

17% - Industry AVG

profitability

Profitability

an operating margin of 1602.6% make it more profitable than the average company (4.9%)

1602.6% - Tandem Motor Finance Limited

4.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (16)

1 - Tandem Motor Finance Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £65.3k, the company has an equivalent pay structure (£65.3k)

£65.3k - Tandem Motor Finance Limited

£65.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £46.3k, this is less efficient (£433.2k)

£46.3k - Tandem Motor Finance Limited

£433.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Tandem Motor Finance Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23371 days, this is slower than average (154 days)

23371 days - Tandem Motor Finance Limited

154 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tandem Motor Finance Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (5 weeks)

45 weeks - Tandem Motor Finance Limited

5 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 405.3%, this is a higher level of debt than the average (100%)

405.3% - Tandem Motor Finance Limited

100% - Industry AVG

TANDEM MOTOR FINANCE LIMITED financials

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Turnover46,267492,3324,945,42210,778,62015,010,93713,664,69011,327,2929,150,6534,909,5282,109,3401,925,8031,106,678458,635117,190
Other Income Or Grants
Cost Of Sales11,704478,0122,071,8591,004,6672,229,0501,864,3831,739,5642,461,1551,576,704816,307701,906349,055178,40982,251
Gross Profit34,56314,3202,873,5639,773,95312,781,88711,800,3079,587,7286,689,4983,332,8241,293,0331,223,897757,623280,22634,939
Admin Expenses-706,897581,036-2,766,4534,665,8599,760,1867,309,7275,611,6363,738,5582,048,5391,325,914673,080335,796100,03028,039
Operating Profit741,460-566,7165,640,0165,108,0943,021,7014,490,5803,976,0922,950,9401,284,285-32,881550,817421,827180,1966,900
Interest Payable4,102,5365,879,3206,099,6064,391,5984,233,910595,634322,293313,606198,81851,527511
Interest Receivable
Pre-Tax Profit87,265-3,109,2131,596,8011,005,558-2,857,619-1,609,026-415,506-1,282,970688,651-355,174237,211223,009128,6696,389
Tax-22,56964,024-300,274-206,849539,698295,87257,779240,599-3,835-67,865-55,661-53,242-31,386-1,342
Profit After Tax64,696-3,045,1891,296,527798,709-2,317,921-1,313,154-357,727-1,042,371684,816-423,039181,550169,76797,2835,047
Dividends Paid20,000300,000200,000
Retained Profit64,696-3,045,1891,296,527798,709-2,317,921-1,313,154-357,727-1,062,371384,816-623,039181,550169,76797,2835,047
Employee Costs65,282131,8311,028,404682,5901,330,4911,267,5161,213,441892,2671,062,311731,941418,837197,06383,38737,243
Number Of Employees12164583917031251911521
EBITDA*742,681-561,7435,651,9965,142,0633,072,8834,559,6814,040,8872,999,1221,321,052-16,555557,469423,604180,4966,900

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Tangible Assets1,2216,19418,17452,142105,738166,607117,481131,23286,67735,69813,9683,300
Intangible Assets
Investments & Other
Debtors (Due After 1 year)42,650521,29727,452,28141,414,58455,275,63354,392,03346,200,19917,561,0288,654,5102,061,7022,026,3261,883,992772,915304,587
Total Fixed Assets42,650522,51827,458,47541,432,75855,327,77554,497,77146,366,80617,678,5098,785,7422,148,3792,062,0241,897,960776,215304,587
Stock & work in progress
Trade Debtors16,174,77824,723,109
Group Debtors122,473778,954848,532483,928100100100100100
Misc Debtors54,37034,80215,019,529110,574369,50315,885,31710,195,53811,483,9973,966,6651,970,7751,412,020923,321422,300172,584
Cash1,654,576760,228281,386211,006599,6481,078,3251,660,462965,866391,092189,014223,19867,77413129,188
misc current assets163
total current assets1,831,4191,573,98415,300,91516,496,35825,692,26016,963,64212,704,69512,449,8634,841,6852,159,8891,635,318991,195422,531201,872
total assets1,874,0692,096,50242,759,39057,929,11681,020,03571,461,41359,071,50130,128,37213,627,4274,308,2683,697,3422,889,1551,198,746506,459
Bank overdraft
Bank loan
Trade Creditors 749,409254,6826,00447,2171,650,122650,139342,69523,276170,60022,5852,4885,2734,7804,367
Group/Directors Accounts1,092,839456,290544,0489,545,112
other short term finances45,270463,377782,1005,941,7702,427,0271,301,7981,248,085721,866259,76849,147
hp & lease commitments3,4863,4863,4863,405
other current liabilities65,28983,69419,10535,656385,318397,32671,337384,7941,475,6711,183,491140,60067,65035,8563,254
total current liabilities1,907,537794,66625,10982,8732,080,7102,054,89010,741,2446,349,8404,076,7842,511,3601,394,659798,194300,40456,768
loans5,687,4397,087,43945,474,69561,883,18483,774,97571,924,25249,534,83224,625,3799,304,5771,941,5721,831,5161,810,181795,252444,544
hp & lease commitments6,52410,01013,5947,465
Accruals and Deferred Income
other liabilities
provisions24,01814,6183,8261,118660
total long term liabilities5,687,4397,087,43945,474,69561,883,18483,774,97571,924,25249,534,83224,625,3799,335,1191,966,2001,848,9361,818,764795,912444,544
total liabilities7,594,9767,882,10545,499,80461,966,05785,855,68573,979,14260,276,07630,975,21913,411,9034,477,5603,243,5952,616,9581,096,316501,312
net assets-5,720,907-5,785,603-2,740,414-4,036,941-4,835,650-2,517,729-1,204,575-846,847215,524-169,292453,747272,197102,4305,147
total shareholders funds-5,720,907-5,785,603-2,740,414-4,036,941-4,835,650-2,517,729-1,204,575-846,847215,524-169,292453,747272,197102,4305,147
Dec 2023Dec 2022Dec 2021Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Operating Activities
Operating Profit741,460-566,7165,640,0165,108,0943,021,7014,490,5803,976,0922,950,9401,284,285-32,881550,817421,827180,1966,900
Depreciation1,2214,97311,98033,96951,18269,10164,79548,18236,76716,3266,6521,777300
Amortisation
Tax-22,56964,024-300,274-206,849539,698295,87257,779240,599-3,835-67,865-55,661-53,242-31,386-1,342
Stock
Debtors-1,115,560-41,136,757-37,896,435-22,668,30910,090,89513,033,08128,199,24415,939,9229,072,526594,131631,0331,612,098718,044477,271
Creditors494,727248,678-1,644,118-1,602,905999,983307,444319,419-147,324148,01520,097-2,7854934134,367
Accruals and Deferred Income-18,40564,589-366,213-349,662-12,008325,989-313,457-1,090,877292,1801,042,89172,95031,79432,6023,254
Deferred Taxes & Provisions-24,0189,40010,7922,708458660
Cash flow from operations2,311,99440,952,30541,237,82625,650,956-5,490,339-7,544,095-24,094,616-13,962,420-7,305,714395,229-56,352-1,208,991-535,259-464,092
Investing Activities
capital expenditure-7,475-113,922-42,250-81,322-67,305-28,382-12,445-3,600
Change in Investments
cash flow from investments-7,475-113,922-42,250-81,322-67,305-28,382-12,445-3,600
Financing Activities
Bank loans
Group/Directors Accounts636,549456,290-544,048-9,001,0649,545,112
Other Short Term Loans -45,270-45,270-418,107-318,723-5,159,6703,514,7431,125,22953,713526,219462,098210,62149,147
Long term loans-1,400,000-38,387,256-38,300,280-21,891,79111,850,72322,389,42024,909,45315,320,8027,363,005110,05621,3351,014,929350,708444,544
Hire Purchase and Lease Commitments-10,010-3,486-3,5846,21010,870
other long term liabilities
share issue798,709-1100
interest-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-763,451-37,930,966-37,546,841-26,039,5975,009,2486,970,02724,903,29614,591,6257,889,114-162,108240,1581,289,079509,802493,280
cash and cash equivalents
cash894,348478,842-318,262-388,642-478,677-582,137694,596574,774202,078-34,184155,42467,643-29,05729,188
overdraft
change in cash894,348478,842-318,262-388,642-478,677-582,137694,596574,774202,078-34,184155,42467,643-29,05729,188

tandem motor finance 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 tandem motor finance limited. Get real-time insights into tandem motor finance limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Tandem Motor Finance Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

oplo group limited 100%

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).

officercountryagestartendrole
Mr Alexander MollartUnited Kingdom49 years Apr 2010- Director
Mr Stephen BeardUnited Kingdom47 years Mar 2020- Director
Ms Susannah AlikerEngland58 years Jan 2022- Director

P&L

December 2023

turnover

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 2023

net assets

-5.7m

-0.01%

total assets

1.9m

-0.11%

cash

1.7m

+1.18%

net assets

Total assets minus all liabilities

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

15

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

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 TANDEM MOTOR FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.

tandem motor finance limited Companies House Filings - See Documents

datedescriptionview/download