ridge garage limited Company Information
Company Number
07396784
Next Accounts
754 days late
Industry
Maintenance and repair of motor vehicles
Directors
Shareholders
victor adekunle
Group Structure
View All
Contact
Registered Address
devonshire house manor way, borehamwood, hertfordshire, WD6 1QQ
Website
www.ridgegarage.co.ukridge garage limited Estimated Valuation
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
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
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).
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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.
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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
2 Strong
2 Regular
6 Weak
Size
annual sales of £199.4k, make it smaller than the average company (£405.9k)
- Ridge Garage Limited
£405.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (1%)
- Ridge Garage Limited
1% - Industry AVG
Production
with a gross margin of 21.7%, this company has a higher cost of product (35.2%)
- Ridge Garage Limited
35.2% - Industry AVG
Profitability
an operating margin of 6.2% make it as profitable than the average company (5.9%)
- Ridge Garage Limited
5.9% - Industry AVG
Employees
with 5 employees, this is below the industry average (8)
5 - Ridge Garage Limited
8 - Industry AVG
Pay Structure
on an average salary of £26.3k, the company has an equivalent pay structure (£26.3k)
- Ridge Garage Limited
£26.3k - Industry AVG
Efficiency
resulting in sales per employee of £39.9k, this is less efficient (£85.6k)
- Ridge Garage Limited
£85.6k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (37 days)
- Ridge Garage Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (42 days)
- Ridge Garage Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ridge Garage Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ridge Garage Limited
- - Industry AVG
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
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 House, Pomanda Estimates
Mar 2021 | Mar 2020 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||
Other Income Or Grants | ||||||||||
Cost Of Sales | ||||||||||
Gross Profit | ||||||||||
Admin Expenses | ||||||||||
Operating Profit | ||||||||||
Interest Payable | ||||||||||
Interest Receivable | ||||||||||
Pre-Tax Profit | ||||||||||
Tax | ||||||||||
Profit After Tax | ||||||||||
Dividends Paid | ||||||||||
Retained Profit | ||||||||||
Employee Costs | ||||||||||
Number Of Employees | 5 | 4 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2021 | Mar 2020 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 24,551 | 1,971 | 2,933 | 10,947 | 10,947 | 6,952 | 2,776 | 7,104 | 11,432 | 15,760 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 3,995 | 19,975 | 35,955 | 51,935 | 67,915 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 24,551 | 1,971 | 2,933 | 10,947 | 10,947 | 10,947 | 22,751 | 43,059 | 63,367 | 83,675 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 17,540 | 10,000 | 10,000 | 10,000 | 8,000 |
Trade Debtors | 35,210 | 29,641 | 42,536 | 99,824 | 99,824 | 82,284 | 102,029 | 100,853 | 64,010 | 39,995 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,738 | 15,083 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 35,210 | 29,641 | 42,536 | 99,824 | 99,824 | 99,824 | 112,029 | 110,853 | 81,748 | 63,078 |
total assets | 59,761 | 31,612 | 45,469 | 110,771 | 110,771 | 110,771 | 134,780 | 153,912 | 145,115 | 146,753 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 39,851 | 21,697 | 43,944 | 99,783 | 99,783 | 99,783 | 101,175 | 94,029 | 71,968 | 53,241 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 39,851 | 21,697 | 43,944 | 99,783 | 99,783 | 99,783 | 101,175 | 94,029 | 71,968 | 53,241 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 3,387 | 3,387 | 3,387 | 21,890 | 51,514 | 63,930 | 69,839 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 3,387 | 3,387 | 3,387 | 21,890 | 51,514 | 63,930 | 69,839 |
total liabilities | 39,851 | 21,697 | 43,944 | 103,170 | 103,170 | 103,170 | 123,065 | 145,543 | 135,898 | 123,080 |
net assets | 19,910 | 9,915 | 1,525 | 7,601 | 7,601 | 7,601 | 11,715 | 8,369 | 9,217 | 23,673 |
total shareholders funds | 19,910 | 9,915 | 1,525 | 7,601 | 7,601 | 7,601 | 11,715 | 8,369 | 9,217 | 23,673 |
Mar 2021 | Mar 2020 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||
Operating Profit | ||||||||||
Depreciation | 0 | 2,860 | 4,328 | 4,328 | 15,980 | 0 | ||||
Amortisation | 0 | 15,980 | 15,980 | 15,980 | 0 | |||||
Tax | ||||||||||
Stock | 0 | 0 | 0 | 0 | -17,540 | 7,540 | 0 | 0 | 2,000 | 8,000 |
Debtors | 5,569 | 29,641 | -57,288 | 0 | 17,540 | -19,745 | 1,176 | 36,843 | 24,015 | 39,995 |
Creditors | 18,154 | 21,697 | -55,839 | 0 | 0 | -1,392 | 7,146 | 22,061 | 18,727 | 53,241 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||
Investing Activities | ||||||||||
capital expenditure | ||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||
Financing Activities | ||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | -3,387 | 0 | 0 | -18,503 | -29,624 | -12,416 | -5,909 | 69,839 |
share issue | ||||||||||
interest | ||||||||||
cash flow from financing | ||||||||||
cash and cash equivalents | ||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,738 | -7,345 | 15,083 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,738 | -7,345 | 15,083 |
ridge garage limited Credit Report and Business Information
Ridge Garage Limited Competitor Analysis
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 directors
Ridge Garage Limited currently has 1 director, Mr Yadvinder Sandhu serving since May 2024.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Yadvinder Sandhu | England | 44 years | May 2024 | - | Director |
P&L
March 2021turnover
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 2021net 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
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.
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ridge garage limited Companies House Filings - See Documents
date | description | view/download |
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