part worn tyres & repairs ltd

part worn tyres & repairs ltd Company Information

Share PART WORN TYRES & REPAIRS LTD
Live 
EstablishedMicroDeclining

Company Number

07542561

Industry

Retail trade of motor vehicle parts and accessories

 

Directors

Yamah Noori

Shareholders

yamah noori

Group Structure

View All

Contact

Registered Address

545 lea bridge road, london, E10 7EB

part worn tyres & repairs ltd Estimated Valuation

£9.4k

Pomanda estimates the enterprise value of PART WORN TYRES & REPAIRS LTD at £9.4k based on a Turnover of £38.4k and 0.25x industry multiple (adjusted for size and gross margin).

part worn tyres & repairs ltd Estimated Valuation

£4.7k

Pomanda estimates the enterprise value of PART WORN TYRES & REPAIRS LTD at £4.7k based on an EBITDA of £1.5k and a 3.07x industry multiple (adjusted for size and gross margin).

part worn tyres & repairs ltd Estimated Valuation

£19.7k

Pomanda estimates the enterprise value of PART WORN TYRES & REPAIRS LTD at £19.7k based on Net Assets of £7.3k and 2.72x industry multiple (adjusted for liquidity).

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Part Worn Tyres & Repairs Ltd Overview

Part Worn Tyres & Repairs Ltd is a live company located in london, E10 7EB with a Companies House number of 07542561. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in February 2011, it's largest shareholder is yamah noori with a 100% stake. Part Worn Tyres & Repairs Ltd is a established, micro sized company, Pomanda has estimated its turnover at £38.4k with declining growth in recent years.

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Part Worn Tyres & Repairs Ltd Health Check

Pomanda's financial health check has awarded Part Worn Tyres & Repairs Ltd 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 £38.4k, make it smaller than the average company (£3.9m)

£38.4k - Part Worn Tyres & Repairs Ltd

£3.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (10.4%)

-12% - Part Worn Tyres & Repairs Ltd

10.4% - Industry AVG

production

Production

with a gross margin of 18.2%, this company has a higher cost of product (27.2%)

18.2% - Part Worn Tyres & Repairs Ltd

27.2% - Industry AVG

profitability

Profitability

an operating margin of 4% make it as profitable than the average company (4.8%)

4% - Part Worn Tyres & Repairs Ltd

4.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (38)

1 - Part Worn Tyres & Repairs Ltd

38 - Industry AVG

paystructure

Pay Structure

on an average salary of £31k, the company has an equivalent pay structure (£31k)

£31k - Part Worn Tyres & Repairs Ltd

£31k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £38.4k, this is less efficient (£170.9k)

£38.4k - Part Worn Tyres & Repairs Ltd

£170.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 99 days, this is later than average (36 days)

99 days - Part Worn Tyres & Repairs Ltd

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 66 days, this is slower than average (51 days)

66 days - Part Worn Tyres & Repairs Ltd

51 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Part Worn Tyres & Repairs Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Part Worn Tyres & Repairs Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44%, this is a lower level of debt than the average (65.1%)

44% - Part Worn Tyres & Repairs Ltd

65.1% - Industry AVG

PART WORN TYRES & REPAIRS LTD financials

EXPORTms excel logo

Part Worn Tyres & Repairs Ltd's latest turnover from March 2024 is estimated at £38.4 thousand and the company has net assets of £7.3 thousand. According to their latest financial statements, we estimate that Part Worn Tyres & Repairs Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover38,36241,69750,14756,81452,10044,53433,58028,41425,99225,89441,63325,80824,666
Other Income Or Grants0000000000000
Cost Of Sales31,37234,90740,73846,61741,92934,98926,77722,74921,27421,20935,64520,38719,388
Gross Profit6,9906,7909,40910,19710,1719,5456,8045,6654,7184,6855,9885,4225,277
Admin Expenses5,4706,5548,9109,6819,4786,7348,2992,4774,4584,9685,3085,5254,313
Operating Profit1,5202364995166932,811-1,4953,188260-283680-103964
Interest Payable0000000000000
Interest Receivable00000012131739482614
Pre-Tax Profit1,5202364995166932,811-1,4833,201278-244729-77978
Tax-380-45-95-98-132-5340-640-550-1680-254
Profit After Tax1,1401914044185612,277-1,4832,561222-244561-77724
Dividends Paid0000000000000
Retained Profit1,1401914044185612,277-1,4832,561222-244561-77724
Employee Costs31,00628,60126,34325,02726,96926,04224,67923,40424,49824,70624,74923,33123,152
Number Of Employees1111111111111
EBITDA*1,5202364995166932,811-1,4953,8801,1035401,8221,1522,493

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets2,5033,0543,7244,5415,5376,7558,2373,1503,8424,6854,5715,7126,967
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets2,5033,0543,7244,5415,5376,7558,2373,1503,8424,6854,5715,7126,967
Stock & work in progress000000014,0009,47811,35613,1139,5648,625
Trade Debtors10,46111,16610,35514,06012,45010,5396,246100100100100100100
Group Debtors0000000000000
Misc Debtors0000000000000
Cash00000004,9405,7441,15214,5314,7565,712
misc current assets0000000000000
total current assets10,46111,16610,35514,06012,45010,5396,24619,04015,32212,60827,74414,42014,437
total assets12,96414,22014,07918,60117,98717,29414,48322,19019,16417,29332,31520,13221,404
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 5,7098,1058,15513,08112,88512,75312,21918,34317,87816,22931,00719,38520,580
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities0000000000000
total current liabilities5,7098,1058,15513,08112,88512,75312,21918,34317,87816,22931,00719,38520,580
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities0000000000000
provisions0000000000000
total long term liabilities0000000000000
total liabilities5,7098,1058,15513,08112,88512,75312,21918,34317,87816,22931,00719,38520,580
net assets7,2556,1155,9245,5205,1024,5412,2643,8471,2861,0641,308747824
total shareholders funds7,2556,1155,9245,5205,1024,5412,2643,8471,2861,0641,308747824
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit1,5202364995166932,811-1,4953,188260-283680-103964
Depreciation00000006928438231,1421,2551,529
Amortisation0000000000000
Tax-380-45-95-98-132-5340-640-550-1680-254
Stock000000-14,0004,522-1,878-1,7573,5499398,625
Debtors-705811-3,7051,6101,9114,2936,14600000100
Creditors-2,396-50-4,926196132534-6,1244651,649-14,77811,622-1,19520,580
Accruals and Deferred Income0000000000000
Deferred Taxes & Provisions0000000000000
Cash flow from operations-551-670-817-996-1,218-1,482235-8174,575-12,4819,727-98214,094
Investing Activities
capital expenditure5516708179961,2181,482-5,08700-937-10-8,496
Change in Investments0000000000000
cash flow from investments5516708179961,2181,482-5,08700-937-10-8,496
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue000000-10000000100
interest00000012131739482614
cash flow from financing000000-881317394826114
cash and cash equivalents
cash000000-4,940-8044,592-13,3799,775-9565,712
overdraft0000000000000
change in cash000000-4,940-8044,592-13,3799,775-9565,712

part worn tyres & repairs ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Part Worn Tyres & Repairs Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for part worn tyres & repairs ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in E10 area or any other competitors across 12 key performance metrics.

part worn tyres & repairs ltd Ownership

PART WORN TYRES & REPAIRS LTD group structure

Part Worn Tyres & Repairs Ltd has no subsidiary companies.

Ultimate parent company

PART WORN TYRES & REPAIRS LTD

07542561

PART WORN TYRES & REPAIRS LTD Shareholders

yamah noori 100%

part worn tyres & repairs ltd directors

Part Worn Tyres & Repairs Ltd currently has 1 director, Yamah Noori serving since Feb 2011.

officercountryagestartendrole
Yamah NooriUnited Kingdom49 years Feb 2011- Director

P&L

March 2024

turnover

38.4k

-8%

operating profit

1.5k

0%

gross margin

18.3%

+11.9%

turnover

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

Balance Sheet

March 2024

net assets

7.3k

+0.19%

total assets

13k

-0.09%

cash

0

0%

net assets

Total assets minus all liabilities

part worn tyres & repairs ltd company details

company number

07542561

Type

Private limited with Share Capital

industry

45320 - Retail trade of motor vehicle parts and accessories

incorporation date

February 2011

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

545 lea bridge road, london, E10 7EB

Bank

-

Legal Advisor

-

part worn tyres & repairs 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 part worn tyres & repairs ltd.

part worn tyres & repairs 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.

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part worn tyres & repairs ltd Companies House Filings - See Documents

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