Pomanda estimates the enterprise value of FAST LANE CARCARE LIMITED at £164k based on a Turnover of £635.2k and 0.26x industry multiple (adjusted for size and gross margin).
fast lane carcare limitedEstimated Valuation
£479.8k
Pomanda estimates the enterprise value of FAST LANE CARCARE LIMITED at £479.8k based on an EBITDA of £127.8k and a 3.75x industry multiple (adjusted for size and gross margin).
fast lane carcare limitedEstimated Valuation
£819.7k
Pomanda estimates the enterprise value of FAST LANE CARCARE LIMITED at £819.7k based on Net Assets of £293.8k and 2.79x industry multiple (adjusted for liquidity).
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Fast Lane Carcare LimitedOverview
Fast Lane Carcare Limited is a live company located in middlesex, UB8 2QX with a Companies House number of 07403408. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in October 2010, it's largest shareholder is
harbir singh kahlon
with a 100% stake. Fast Lane Carcare Limited is a established,
small sized company, Pomanda has estimated its turnover at
£635.2k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Fast Lane Carcare Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £635.2k, make it larger than the average company (£424.2k)
£635.2k - Fast Lane Carcare Limited
£424.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7.6%)
11% - Fast Lane Carcare Limited
7.6% - Industry AVG
Production
with a gross margin of 35.9%, this company has a comparable cost of product (35.9%)
35.9% - Fast Lane Carcare Limited
35.9% - Industry AVG
Profitability
an operating margin of 11.5% make it more profitable than the average company (5.7%)
11.5% - Fast Lane Carcare Limited
5.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - Fast Lane Carcare Limited
6 - Industry AVG
Pay Structure
on an average salary of £27.8k, the company has an equivalent pay structure (£27.8k)
£27.8k - Fast Lane Carcare Limited
£27.8k - Industry AVG
Efficiency
resulting in sales per employee of £158.8k, this is more efficient (£99.2k)
£158.8k - Fast Lane Carcare Limited
£99.2k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (37 days)
57 days - Fast Lane Carcare Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (43 days)
93 days - Fast Lane Carcare Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 35 days, this is more than average (24 days)
35 days - Fast Lane Carcare Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 12 weeks, this is average cash available to meet short term requirements (14 weeks)
12 weeks - Fast Lane Carcare Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.7%, this is a higher level of debt than the average (66.4%)
74.7% - Fast Lane Carcare Limited
66.4% - Industry AVG
FAST LANE CARCARE LIMITED financials
EXPORT
Fast Lane Carcare Limited's latest turnover from October 2023 is estimated at £635.2 thousand and the company has net assets of £293.8 thousand. According to their latest financial statements, Fast Lane Carcare Limited has 4 employees and maintains cash reserves of £144.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Turnover
635,211
278,357
438,905
464,940
685,015
1,015,417
866,490
892,071
1,214,154
990,620
748,502
368,981
149,369
Other Income Or Grants
Cost Of Sales
407,069
181,733
288,298
291,861
432,541
628,178
514,270
531,664
734,587
586,862
447,371
217,792
85,647
Gross Profit
228,141
96,624
150,607
173,079
252,474
387,239
352,220
360,407
479,567
403,758
301,131
151,188
63,722
Admin Expenses
155,016
-19,463
31,323
123,648
192,240
352,809
337,056
359,535
478,300
385,385
302,172
135,816
62,417
Operating Profit
73,125
116,087
119,284
49,431
60,234
34,430
15,164
872
1,267
18,373
-1,041
15,372
1,305
Interest Payable
33,539
25,417
20,048
20,031
21,288
22,301
10,874
114
Interest Receivable
5,646
7,976
548
365
1,395
594
209
207
186
127
160
89
14
Pre-Tax Profit
45,232
98,647
99,784
29,765
40,341
12,723
4,499
965
1,453
18,500
-881
15,461
1,319
Tax
-11,308
-18,743
-18,959
-5,655
-7,665
-2,417
-855
-193
-290
-3,885
-3,711
-343
Profit After Tax
33,924
79,904
80,825
24,110
32,676
10,306
3,644
772
1,162
14,615
-881
11,750
976
Dividends Paid
Retained Profit
33,924
79,904
80,825
24,110
32,676
10,306
3,644
772
1,162
14,615
-881
11,750
976
Employee Costs
111,099
77,539
78,550
106,552
140,054
113,760
107,550
266,060
318,319
264,002
210,525
123,807
47,661
Number Of Employees
4
3
3
4
5
4
4
10
12
10
8
5
2
EBITDA*
127,783
117,706
153,352
52,139
84,468
54,754
37,352
13,112
9,098
23,813
6,214
23,078
11,580
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Tangible Assets
751,048
727,655
681,858
652,926
652,351
635,219
639,313
48,856
33,693
31,324
21,764
23,119
30,825
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
751,048
727,655
681,858
652,926
652,351
635,219
639,313
48,856
33,693
31,324
21,764
23,119
30,825
Stock & work in progress
40,125
15,500
5,500
15,080
42,500
73,875
60,125
30,168
57,500
66,000
35,575
5,000
3,000
Trade Debtors
99,446
55,947
104,049
97,662
91,601
162,071
166,707
132,222
104,447
83,077
55,591
30,189
Group Debtors
Misc Debtors
124,370
71,370
2,396
7,500
7,500
8,311
Cash
144,391
70,695
638,320
456,701
272,695
99,218
59,310
108,009
57,568
16,832
33,907
29,980
5,630
misc current assets
total current assets
408,332
213,512
750,265
569,443
406,796
342,664
293,642
278,710
219,515
165,909
125,073
65,169
8,630
total assets
1,159,380
941,167
1,432,123
1,222,369
1,059,147
977,883
932,955
327,566
253,208
197,233
146,837
88,288
39,455
Bank overdraft
21,600
19,150
29,924
29,734
29,734
29,734
29,236
Bank loan
Trade Creditors
104,745
16,869
5,881
2,489
3,341
4,068
225,583
170,770
134,989
75,559
38,476
Group/Directors Accounts
124,733
4,862
576,835
525,276
440,921
379,619
333,175
248,158
other short term finances
39,202
45,760
50,523
57,825
7,825
7,825
18,431
3,661
hp & lease commitments
other current liabilities
333,785
358,268
354,589
253,019
228,909
239,456
220,091
43,282
total current liabilities
624,065
444,909
1,017,752
868,343
707,389
656,634
604,274
299,169
225,583
170,770
134,989
75,559
38,476
loans
234,138
236,396
234,413
254,893
276,735
278,902
296,640
hp & lease commitments
Accruals and Deferred Income
other liabilities
7,391
provisions
total long term liabilities
241,529
236,396
234,413
254,893
276,735
278,902
296,640
total liabilities
865,594
681,305
1,252,165
1,123,236
984,124
935,536
900,914
299,169
225,583
170,770
134,989
75,559
38,476
net assets
293,786
259,862
179,958
99,133
75,023
42,347
32,041
28,397
27,625
26,463
11,848
12,729
979
total shareholders funds
293,786
259,862
179,958
99,133
75,023
42,347
32,041
28,397
27,625
26,463
11,848
12,729
979
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Operating Activities
Operating Profit
73,125
116,087
119,284
49,431
60,234
34,430
15,164
872
1,267
18,373
-1,041
15,372
1,305
Depreciation
54,658
1,619
34,068
2,708
24,234
20,324
22,188
12,240
7,831
5,440
7,255
7,706
10,275
Amortisation
Tax
-11,308
-18,743
-18,959
-5,655
-7,665
-2,417
-855
-193
-290
-3,885
-3,711
-343
Stock
24,625
10,000
-9,580
-27,420
-31,375
13,750
29,957
-27,332
-8,500
30,425
30,575
2,000
3,000
Debtors
96,499
20,872
8,783
6,061
-77,970
-4,636
33,674
36,086
21,370
27,486
25,402
30,189
Creditors
87,876
10,988
3,392
2,489
-3,341
-727
-221,515
54,813
35,781
59,430
37,083
38,476
Accruals and Deferred Income
-24,483
3,679
101,570
24,110
-10,547
19,365
176,809
43,282
Deferred Taxes & Provisions
Cash flow from operations
58,744
82,758
240,152
94,442
175,601
59,247
148,948
-174,068
50,751
-2,202
9,667
24,261
46,713
Investing Activities
capital expenditure
-78,051
-47,416
-63,000
-3,283
-41,366
-16,230
-612,645
-27,403
-10,200
-15,000
-5,900
-41,100
Change in Investments
cash flow from investments
-78,051
-47,416
-63,000
-3,283
-41,366
-16,230
-612,645
-27,403
-10,200
-15,000
-5,900
-41,100
Financing Activities
Bank loans
Group/Directors Accounts
119,871
-571,973
51,559
84,355
61,302
46,444
85,017
248,158
Other Short Term Loans
-6,558
-4,763
-7,302
50,000
-10,606
14,770
3,661
Long term loans
-2,258
1,983
-20,480
-21,842
-2,167
-17,738
296,640
Hire Purchase and Lease Commitments
other long term liabilities
7,391
share issue
3
interest
-27,893
-17,441
-19,500
-19,666
-19,893
-21,707
-10,665
93
186
127
160
89
14
cash flow from financing
90,553
-592,194
4,277
92,847
39,242
-3,607
385,762
251,912
186
127
160
89
17
cash and cash equivalents
cash
73,696
-567,625
181,619
184,006
173,477
39,908
-48,699
50,441
40,736
-17,075
3,927
24,350
5,630
overdraft
2,450
-10,774
190
498
29,236
change in cash
71,246
-556,851
181,429
184,006
173,477
39,410
-77,935
50,441
40,736
-17,075
3,927
24,350
5,630
fast lane carcare 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 fast lane carcare limited. Get real-time insights into fast lane carcare limited's credit score, group structure and payment trends.
Perform a competitor analysis for fast lane carcare limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in UB8 area or any other competitors across 12 key performance metrics.
fast lane carcare limited Ownership
FAST LANE CARCARE LIMITED group structure
Fast Lane Carcare Limited has no subsidiary companies.
Ultimate parent company
FAST LANE CARCARE LIMITED
07403408
FAST LANE CARCARE LIMITED Shareholders
The sole shareholder of Fast Lane Carcare Limited is Harbir Singh Kahlon.
harbir singh kahlon
100%
fast lane carcare limited directors
Fast Lane Carcare Limited currently has 1 director, Mr Harbir Kahlon serving since Oct 2010.
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 4 charges/mortgages relating to fast lane carcare limited. Currently there are 4 open charges and 0 have been satisfied in the past.
fast lane carcare 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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fast lane carcare limitedCompanies House Filings - See Documents
