ridge garage limited

ridge garage limited Company Information

Share RIDGE GARAGE LIMITED
Live (In Liquidation)
EstablishedMicroLow

Company Number

07396784

Industry

Maintenance and repair of motor vehicles

 

Shareholders

victor adekunle

Group Structure

View All

Contact

Registered Address

devonshire house manor way, borehamwood, hertfordshire, WD6 1QQ

ridge garage limited Estimated Valuation

£46.6k

Pomanda estimates the enterprise value of RIDGE GARAGE LIMITED at £46.6k based on a Turnover of £199.4k and 0.23x industry multiple (adjusted for size and gross margin).

ridge garage limited Estimated Valuation

£35.6k

Pomanda estimates the enterprise value of RIDGE GARAGE LIMITED at £35.6k based on an EBITDA of £12.3k and a 2.88x industry multiple (adjusted for size and gross margin).

ridge garage limited Estimated Valuation

£59.8k

Pomanda estimates the enterprise value of RIDGE GARAGE LIMITED at £59.8k based on Net Assets of £19.9k and 3.01x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Ridge Garage Limited Overview

Ridge Garage Limited is a live company located in hertfordshire, WD6 1QQ with a Companies House number of 07396784. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in October 2010, it's largest shareholder is victor adekunle with a 100% stake. Ridge Garage Limited is a established, micro sized company, Pomanda has estimated its turnover at £199.4k with low growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Ridge Garage Limited Health Check

Pomanda's financial health check has awarded Ridge Garage Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £199.4k, make it smaller than the average company (£405.9k)

£199.4k - Ridge Garage Limited

£405.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (1%)

1% - Ridge Garage Limited

1% - Industry AVG

production

Production

with a gross margin of 21.7%, this company has a higher cost of product (35.2%)

21.7% - Ridge Garage Limited

35.2% - Industry AVG

profitability

Profitability

an operating margin of 6.2% make it as profitable than the average company (5.9%)

6.2% - Ridge Garage Limited

5.9% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (8)

5 - Ridge Garage Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.3k, the company has an equivalent pay structure (£26.3k)

£26.3k - Ridge Garage Limited

£26.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £39.9k, this is less efficient (£85.6k)

£39.9k - Ridge Garage Limited

£85.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 64 days, this is later than average (37 days)

64 days - Ridge Garage Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 93 days, this is slower than average (42 days)

93 days - Ridge Garage Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ridge Garage Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ridge Garage Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66.7%, this is a lower level of debt than the average (75.6%)

66.7% - Ridge Garage Limited

75.6% - Industry AVG

RIDGE GARAGE LIMITED financials

EXPORTms excel logo

Ridge Garage Limited's latest turnover from March 2021 is estimated at £199.4 thousand and the company has net assets of £19.9 thousand. According to their latest financial statements, Ridge Garage Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2021Mar 2020Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Turnover199,419165,189195,625469,981495,629371,981452,205450,592327,389214,042
Other Income Or Grants0000000000
Cost Of Sales156,219125,489145,927341,603354,644273,014325,844321,355233,024151,758
Gross Profit43,20039,70049,698128,378140,98598,967126,362129,23794,36562,284
Admin Expenses30,86027,45955,774128,378140,984103,081122,127130,104108,87830,333
Operating Profit12,34012,241-6,07601-4,1144,235-867-14,51331,951
Interest Payable0000000000
Interest Receivable0000000195738
Pre-Tax Profit12,34012,241-6,07601-4,1144,235-848-14,45631,989
Tax-2,345-2,3260000-88900-8,317
Profit After Tax9,9959,915-6,07601-4,1143,346-848-14,45623,672
Dividends Paid0000000000
Retained Profit9,9959,915-6,07601-4,1143,346-848-14,45623,672
Employee Costs131,614109,90256,908107,737106,54279,63179,20178,94774,28447,661
Number Of Employees5424433332
EBITDA*12,34012,241-6,0760114,72624,54319,4411,46731,951

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2021Mar 2020Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Tangible Assets24,5511,9712,93310,94710,9476,9522,7767,10411,43215,760
Intangible Assets000003,99519,97535,95551,93567,915
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets24,5511,9712,93310,94710,94710,94722,75143,05963,36783,675
Stock & work in progress0000017,54010,00010,00010,0008,000
Trade Debtors35,21029,64142,53699,82499,82482,284102,029100,85364,01039,995
Group Debtors0000000000
Misc Debtors0000000000
Cash000000007,73815,083
misc current assets0000000000
total current assets35,21029,64142,53699,82499,82499,824112,029110,85381,74863,078
total assets59,76131,61245,469110,771110,771110,771134,780153,912145,115146,753
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 39,85121,69743,94499,78399,78399,783101,17594,02971,96853,241
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities39,85121,69743,94499,78399,78399,783101,17594,02971,96853,241
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0003,3873,3873,38721,89051,51463,93069,839
provisions0000000000
total long term liabilities0003,3873,3873,38721,89051,51463,93069,839
total liabilities39,85121,69743,944103,170103,170103,170123,065145,543135,898123,080
net assets19,9109,9151,5257,6017,6017,60111,7158,3699,21723,673
total shareholders funds19,9109,9151,5257,6017,6017,60111,7158,3699,21723,673
Mar 2021Mar 2020Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Operating Activities
Operating Profit12,34012,241-6,07601-4,1144,235-867-14,51331,951
Depreciation000002,8604,3284,32815,9800
Amortisation0000015,98015,98015,98000
Tax-2,345-2,3260000-88900-8,317
Stock0000-17,5407,540002,0008,000
Debtors5,56929,641-57,288017,540-19,7451,17636,84324,01539,995
Creditors18,15421,697-55,83900-1,3927,14622,06118,72753,241
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions0000000000
Cash flow from operations22,5801,971-4,6270125,53929,6244,659-5,82128,880
Investing Activities
capital expenditure-22,580-1,9718,01400-7,036004,328-83,675
Change in Investments0000000000
cash flow from investments-22,580-1,9718,01400-7,036004,328-83,675
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities00-3,38700-18,503-29,624-12,416-5,90969,839
share issue0000-100001
interest0000000195738
cash flow from financing00-3,3870-1-18,503-29,624-12,397-5,85269,878
cash and cash equivalents
cash0000000-7,738-7,34515,083
overdraft0000000000
change in cash0000000-7,738-7,34515,083

ridge garage 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 ridge garage limited. Get real-time insights into ridge garage 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

Ridge Garage Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ridge garage limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in WD6 area or any other competitors across 12 key performance metrics.

ridge garage limited Ownership

RIDGE GARAGE LIMITED group structure

Ridge Garage Limited has no subsidiary companies.

Ultimate parent company

RIDGE GARAGE LIMITED

07396784

RIDGE GARAGE LIMITED Shareholders

victor adekunle 100%

ridge garage limited directors

Ridge Garage Limited currently has 1 director, Mr Yadvinder Sandhu serving since May 2024.

officercountryagestartendrole
Mr Yadvinder SandhuEngland44 years May 2024- Director

P&L

March 2021

turnover

199.4k

+21%

operating profit

12.3k

0%

gross margin

21.7%

-9.86%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2021

net assets

19.9k

+1.01%

total assets

59.8k

+0.89%

cash

0

0%

net assets

Total assets minus all liabilities

ridge garage limited company details

company number

07396784

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

October 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2021

previous names

N/A

accountant

-

auditor

-

address

devonshire house manor way, borehamwood, hertfordshire, WD6 1QQ

Bank

-

Legal Advisor

-

ridge garage 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 ridge garage limited. Currently there are 1 open charges and 0 have been satisfied in the past.

ridge garage 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 RIDGE GARAGE LIMITED. This can take several minutes, an email will notify you when this has completed.

ridge garage limited Companies House Filings - See Documents

datedescriptionview/download