Pomanda estimates the enterprise value of THURAI AUTO SERVICES LTD at £117.8k based on a Turnover of £344.1k and 0.34x industry multiple (adjusted for size and gross margin).
thurai auto services ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of THURAI AUTO SERVICES LTD at £0 based on an EBITDA of £-8k and a 3.11x industry multiple (adjusted for size and gross margin).
thurai auto services ltdEstimated Valuation
£120.9k
Pomanda estimates the enterprise value of THURAI AUTO SERVICES LTD at £120.9k based on Net Assets of £55.3k and 2.19x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Thurai Auto Services LtdOverview
Thurai Auto Services Ltd is a live company located in croydon, CR0 2DP with a Companies House number of 07474424. It operates in the repair and maintenance of other transport equipment n.e.c. sector, SIC Code 33170. Founded in December 2010, it's largest shareholder is
vibish thurairajah
with a 100% stake. Thurai Auto Services Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£344.1k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Thurai Auto Services Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
4 Regular
5 Weak
Size
annual sales of £344.1k, make it smaller than the average company (£2.7m)
£344.1k - Thurai Auto Services Ltd
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (8.6%)
10% - Thurai Auto Services Ltd
8.6% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
26.6% - Thurai Auto Services Ltd
26.6% - Industry AVG
Profitability
an operating margin of -4% make it less profitable than the average company (5.4%)
-4% - Thurai Auto Services Ltd
5.4% - Industry AVG
Employees
with 7 employees, this is below the industry average (32)
7 - Thurai Auto Services Ltd
32 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
£40.9k - Thurai Auto Services Ltd
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £49.2k, this is less efficient (£117.7k)
£49.2k - Thurai Auto Services Ltd
£117.7k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (40 days)
5 days - Thurai Auto Services Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (34 days)
57 days - Thurai Auto Services Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 79 days, this is in line with average (76 days)
79 days - Thurai Auto Services Ltd
76 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 28 weeks, this is more cash available to meet short term requirements (23 weeks)
28 weeks - Thurai Auto Services Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.9%, this is a higher level of debt than the average (65%)
81.9% - Thurai Auto Services Ltd
65% - Industry AVG
THURAI AUTO SERVICES LTD financials
EXPORT
Thurai Auto Services Ltd's latest turnover from December 2023 is estimated at £344.1 thousand and the company has net assets of £55.3 thousand. According to their latest financial statements, Thurai Auto Services Ltd has 7 employees and maintains cash reserves of £138.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Turnover
344,126
274,841
278,167
261,616
320,339
346,612
284,108
344,866
104,179
164,304
144,242
108,445
66,144
Other Income Or Grants
Cost Of Sales
252,523
196,401
205,395
190,437
241,853
264,633
199,062
241,969
74,785
113,351
102,015
75,179
44,582
Gross Profit
91,603
78,440
72,772
71,179
78,486
81,979
85,046
102,897
29,395
50,952
42,227
33,266
21,562
Admin Expenses
105,221
72,930
74,593
21,572
81,991
70,828
86,940
99,210
24,241
48,984
42,034
33,099
21,462
Operating Profit
-13,618
5,510
-1,821
49,607
-3,505
11,151
-1,894
3,687
5,154
1,968
193
167
100
Interest Payable
400
338
Interest Receivable
7,936
5,747
416
129
513
329
124
26
62
42
24
12
Pre-Tax Profit
-6,082
10,920
-1,405
49,736
-2,992
11,480
-1,770
3,714
5,216
2,010
217
179
100
Tax
-2,075
-9,450
-2,181
-743
-1,043
-422
-50
-43
-26
Profit After Tax
-6,082
8,845
-1,405
40,286
-2,992
9,299
-1,770
2,971
4,173
1,588
167
136
74
Dividends Paid
Retained Profit
-6,082
8,845
-1,405
40,286
-2,992
9,299
-1,770
2,971
4,173
1,588
167
136
74
Employee Costs
286,218
242,302
192,076
195,345
160,826
199,533
109,574
218,533
36,687
72,727
69,363
32,860
31,324
Number Of Employees
7
6
5
5
4
5
3
6
1
2
2
1
1
EBITDA*
-8,002
9,024
1,878
52,305
-665
15,081
427
6,005
7,027
3,672
1,006
839
465
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Tangible Assets
106,702
66,766
70,280
51,262
53,960
51,666
44,096
44,039
35,598
30,523
15,450
12,763
6,935
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
106,702
66,766
70,280
51,262
53,960
51,666
44,096
44,039
35,598
30,523
15,450
12,763
6,935
Stock & work in progress
54,956
41,256
35,456
29,216
43,458
48,416
48,596
49,546
21,373
18,216
9,729
6,921
4,737
Trade Debtors
5,563
3,407
9,745
5,663
3,254
2,665
9,069
2,141
2,148
1,189
6,516
Group Debtors
Misc Debtors
Cash
138,811
163,520
164,904
167,647
90,794
45,917
41,766
7,967
13,121
11,849
4,928
4,769
misc current assets
total current assets
199,330
208,183
210,105
202,526
137,506
96,998
99,431
59,654
36,642
31,254
14,657
11,690
11,253
total assets
306,032
274,949
280,385
253,788
191,466
148,664
143,527
103,693
72,240
61,777
30,107
24,453
18,188
Bank overdraft
7,108
Bank loan
Trade Creditors
39,904
22,065
42,510
34,754
68,830
53,571
65,129
29,853
27,282
59,811
29,729
24,242
18,113
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
210,837
184,403
185,347
165,101
108,989
78,454
71,058
64,730
38,819
total current liabilities
250,741
213,576
227,857
199,855
177,819
132,025
136,187
94,583
66,101
59,811
29,729
24,242
18,113
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
250,741
213,576
227,857
199,855
177,819
132,025
136,187
94,583
66,101
59,811
29,729
24,242
18,113
net assets
55,291
61,373
52,528
53,933
13,647
16,639
7,340
9,110
6,139
1,966
378
211
75
total shareholders funds
55,291
61,373
52,528
53,933
13,647
16,639
7,340
9,110
6,139
1,966
378
211
75
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Operating Activities
Operating Profit
-13,618
5,510
-1,821
49,607
-3,505
11,151
-1,894
3,687
5,154
1,968
193
167
100
Depreciation
5,616
3,514
3,699
2,698
2,840
3,930
2,321
2,318
1,873
1,704
813
672
365
Amortisation
Tax
-2,075
-9,450
-2,181
-743
-1,043
-422
-50
-43
-26
Stock
13,700
5,800
6,240
-14,242
-4,958
-180
-950
28,173
3,157
8,487
2,808
2,184
4,737
Debtors
2,156
-6,338
4,082
2,409
589
-6,404
6,928
-7
959
1,189
-6,516
6,516
Creditors
17,839
-20,445
7,756
-34,076
15,259
-11,558
35,276
2,571
-32,529
30,082
5,487
6,129
18,113
Accruals and Deferred Income
26,434
-944
20,246
56,112
30,535
7,396
6,328
25,911
38,819
Deferred Taxes & Provisions
Cash flow from operations
20,415
-13,902
19,558
76,724
49,498
15,322
36,053
5,578
8,158
23,656
3,635
11,257
7,299
Investing Activities
capital expenditure
-45,552
-22,717
-5,134
-11,500
-2,378
-10,759
-6,948
-16,777
-3,500
-6,500
-7,300
Change in Investments
cash flow from investments
-45,552
-22,717
-5,134
-11,500
-2,378
-10,759
-6,948
-16,777
-3,500
-6,500
-7,300
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
7,536
5,409
416
129
513
329
124
26
62
42
24
12
cash flow from financing
7,536
5,409
416
129
513
329
124
26
62
42
24
12
1
cash and cash equivalents
cash
-24,709
-1,384
-2,743
76,853
44,877
4,151
33,799
-5,154
1,272
6,921
159
4,769
overdraft
-7,108
7,108
change in cash
-17,601
-8,492
-2,743
76,853
44,877
4,151
33,799
-5,154
1,272
6,921
159
4,769
thurai auto services ltd 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 thurai auto services ltd. Get real-time insights into thurai auto services ltd's credit score, group structure and payment trends.
Perform a competitor analysis for thurai auto services ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in CR0 area or any other competitors across 12 key performance metrics.
thurai auto services ltd Ownership
THURAI AUTO SERVICES LTD group structure
Thurai Auto Services Ltd has no subsidiary companies.
Ultimate parent company
THURAI AUTO SERVICES LTD
07474424
THURAI AUTO SERVICES LTD Shareholders
The sole shareholder of Thurai Auto Services Ltd is Vibish Thurairajah.
vibish thurairajah
100%
thurai auto services ltd directors
Thurai Auto Services Ltd currently has 1 director, Vibish Thurairajah serving since Dec 2010.
33170 - Repair and maintenance of other transport equipment
incorporation date
December 2010
age
15
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
ANNJER CONSULTANCY SERVICES LTD
auditor
-
address
unit 6, tait road industrial estate, croydon, CR0 2DP
Bank
-
Legal Advisor
-
thurai auto services ltd 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 thurai auto services ltd.
thurai auto services ltd 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 THURAI AUTO SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
thurai auto services ltdCompanies House Filings - See Documents
