austin tyre services ltd Company Information
Company Number
07590628
Website
-Registered Address
12 york place, barry, vale of glamorgan, CF62 7ED
Industry
Maintenance and repair of motor vehicles
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
executors of estate of ronald hayden austin 100%
austin tyre services ltd Estimated Valuation
Pomanda estimates the enterprise value of AUSTIN TYRE SERVICES LTD at £204.7k based on a Turnover of £773.4k and 0.26x industry multiple (adjusted for size and gross margin).
austin tyre services ltd Estimated Valuation
Pomanda estimates the enterprise value of AUSTIN TYRE SERVICES LTD at £394k based on an EBITDA of £118.7k and a 3.32x industry multiple (adjusted for size and gross margin).
austin tyre services ltd Estimated Valuation
Pomanda estimates the enterprise value of AUSTIN TYRE SERVICES LTD at £2.9m based on Net Assets of £984.8k and 2.94x industry multiple (adjusted for liquidity).
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Austin Tyre Services Ltd Overview
Austin Tyre Services Ltd is a live company located in vale of glamorgan, CF62 7ED with a Companies House number of 07590628. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in April 2011, it's largest shareholder is executors of estate of ronald hayden austin with a 100% stake. Austin Tyre Services Ltd is a established, small sized company, Pomanda has estimated its turnover at £773.4k with healthy growth in recent years.
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Austin Tyre Services Ltd Health Check
Pomanda's financial health check has awarded Austin Tyre Services Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £773.4k, make it larger than the average company (£316.1k)
- Austin Tyre Services Ltd
£316.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (11%)
- Austin Tyre Services Ltd
11% - Industry AVG
Production
with a gross margin of 35.8%, this company has a comparable cost of product (35.8%)
- Austin Tyre Services Ltd
35.8% - Industry AVG
Profitability
an operating margin of 12.2% make it more profitable than the average company (6.1%)
- Austin Tyre Services Ltd
6.1% - Industry AVG
Employees
with 12 employees, this is above the industry average (5)
12 - Austin Tyre Services Ltd
5 - Industry AVG
Pay Structure
on an average salary of £26.3k, the company has an equivalent pay structure (£26.3k)
- Austin Tyre Services Ltd
£26.3k - Industry AVG
Efficiency
resulting in sales per employee of £64.5k, this is less efficient (£95.6k)
- Austin Tyre Services Ltd
£95.6k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (35 days)
- Austin Tyre Services Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (38 days)
- Austin Tyre Services Ltd
38 days - Industry AVG
Stock Days
it holds stock equivalent to 44 days, this is more than average (24 days)
- Austin Tyre Services Ltd
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 219 weeks, this is more cash available to meet short term requirements (17 weeks)
219 weeks - Austin Tyre Services Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.5%, this is a lower level of debt than the average (65.4%)
14.5% - Austin Tyre Services Ltd
65.4% - Industry AVG
AUSTIN TYRE SERVICES LTD financials
Austin Tyre Services Ltd's latest turnover from March 2024 is estimated at £773.4 thousand and the company has net assets of £984.8 thousand. According to their latest financial statements, Austin Tyre Services Ltd has 12 employees and maintains cash reserves of £646.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 1,002,044 | ||||||||||||
Other Income Or Grants | 0 | ||||||||||||
Cost Of Sales | 478,061 | ||||||||||||
Gross Profit | 523,983 | ||||||||||||
Admin Expenses | 421,824 | ||||||||||||
Operating Profit | 102,159 | ||||||||||||
Interest Payable | 0 | ||||||||||||
Interest Receivable | 0 | ||||||||||||
Pre-Tax Profit | 102,630 | ||||||||||||
Tax | -22,244 | ||||||||||||
Profit After Tax | 80,386 | ||||||||||||
Dividends Paid | 0 | ||||||||||||
Retained Profit | 80,386 | ||||||||||||
Employee Costs | |||||||||||||
Number Of Employees | 12 | 12 | 12 | 12 | 12 | 11 | 12 | ||||||
EBITDA* | 109,366 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 296,482 | 279,549 | 286,349 | 273,186 | 262,143 | 271,436 | 263,471 | 265,863 | 266,589 | 270,806 | 274,713 | 280,583 | 282,154 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
Total Fixed Assets | 296,482 | 279,549 | 286,349 | 273,186 | 262,143 | 271,436 | 263,471 | 265,863 | 266,589 | 270,806 | 274,713 | 280,583 | 282,154 |
Stock & work in progress | 60,585 | 57,970 | 47,142 | 51,950 | 53,211 | 44,260 | 40,515 | 49,379 | 45,286 | 47,531 | 39,090 | 44,600 | 38,104 |
Trade Debtors | 74,714 | 68,444 | 71,530 | 53,624 | 55,201 | 56,319 | 67,595 | 61,508 | 69,121 | 107,050 | 112,146 | 111,828 | 74,891 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 73,845 | 58,522 | 25,476 | 16,603 | 16,747 | 47,777 | 55,415 | 50,142 | 39,931 | 0 | 0 | 0 | 0 |
Cash | 646,445 | 737,616 | 686,475 | 598,385 | 544,988 | 509,416 | 454,266 | 429,817 | 344,276 | 290,535 | 237,701 | 181,998 | 113,138 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 855,589 | 922,552 | 830,623 | 720,562 | 670,147 | 657,772 | 617,791 | 590,846 | 498,614 | 445,116 | 388,937 | 338,426 | 226,133 |
total assets | 1,152,071 | 1,202,101 | 1,116,972 | 993,748 | 932,290 | 929,208 | 881,262 | 856,709 | 765,203 | 715,922 | 663,650 | 619,009 | 508,287 |
Bank overdraft | 17,087 | 33,821 | 24,335 | 5,912 | 1,578 | 11,622 | 0 | 5,848 | 7,449 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 80,058 | 100,044 | 96,179 | 78,731 | 70,787 | 114,691 | 123,879 | 116,885 | 108,078 | 346,866 | 373,475 | 389,588 | 326,784 |
Group/Directors Accounts | 0 | 102,000 | 102,000 | 100,000 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 56,263 | 67,911 | 49,349 | 45,298 | 51,135 | 153,942 | 188,548 | 208,304 | 217,438 | 0 | 0 | 0 | 0 |
total current liabilities | 153,408 | 303,776 | 271,863 | 229,941 | 223,500 | 280,255 | 312,427 | 331,037 | 332,965 | 346,866 | 373,475 | 389,588 | 326,784 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 13,851 | 8,155 | 8,840 | 5,710 | 2,956 | 4,034 | 1,793 | 1,549 | 796 | 0 | 0 | 0 | 0 |
total long term liabilities | 13,851 | 8,155 | 8,840 | 5,710 | 2,956 | 4,034 | 1,793 | 1,549 | 796 | 0 | 0 | 0 | 0 |
total liabilities | 167,259 | 311,931 | 280,703 | 235,651 | 226,456 | 284,289 | 314,220 | 332,586 | 333,761 | 346,866 | 373,475 | 389,588 | 326,784 |
net assets | 984,812 | 890,170 | 836,269 | 758,097 | 705,834 | 644,919 | 567,042 | 524,123 | 431,442 | 369,056 | 290,175 | 229,421 | 181,503 |
total shareholders funds | 984,812 | 890,170 | 836,269 | 758,097 | 705,834 | 644,919 | 567,042 | 524,123 | 431,442 | 369,056 | 290,175 | 229,421 | 181,503 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | 102,159 | ||||||||||||
Depreciation | 24,310 | 17,774 | 19,148 | 13,868 | 9,294 | 11,500 | 7,952 | 7,858 | 7,207 | 7,720 | 8,130 | 9,195 | 3,974 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -22,244 | ||||||||||||
Stock | 2,615 | 10,828 | -4,808 | -1,261 | 8,951 | 3,745 | -8,864 | 4,093 | -2,245 | 8,441 | -5,510 | 6,496 | 38,104 |
Debtors | 21,593 | 29,960 | 26,779 | -1,721 | -32,148 | -18,914 | 11,360 | 2,598 | 2,002 | -5,096 | 318 | 36,937 | 74,891 |
Creditors | -19,986 | 3,865 | 17,448 | 7,944 | -43,904 | -9,188 | 6,994 | 8,807 | -238,788 | -26,609 | -16,113 | 62,804 | 326,784 |
Accruals and Deferred Income | -11,648 | 18,562 | 4,051 | -5,837 | -102,807 | -34,606 | -19,756 | -9,134 | 217,438 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 5,696 | -685 | 3,130 | 2,754 | -1,078 | 2,241 | 244 | 753 | 796 | 0 | 0 | 0 | 0 |
Cash flow from operations | 66,811 | ||||||||||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
Group/Directors Accounts | -102,000 | 0 | 2,000 | 0 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||
interest | 0 | ||||||||||||
cash flow from financing | -18,000 | ||||||||||||
cash and cash equivalents | |||||||||||||
cash | -91,171 | 51,141 | 88,090 | 53,397 | 35,572 | 55,150 | 24,449 | 85,541 | 53,741 | 52,834 | 55,703 | 68,860 | 113,138 |
overdraft | -16,734 | 9,486 | 18,423 | 4,334 | -10,044 | 11,622 | -5,848 | -1,601 | 7,449 | 0 | 0 | 0 | 0 |
change in cash | -74,437 | 41,655 | 69,667 | 49,063 | 45,616 | 43,528 | 30,297 | 87,142 | 46,292 | 52,834 | 55,703 | 68,860 | 113,138 |
austin tyre services ltd Credit Report and Business Information
Austin Tyre Services Ltd Competitor Analysis
Perform a competitor analysis for austin tyre services ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in CF62 area or any other competitors across 12 key performance metrics.
austin tyre services ltd Ownership
AUSTIN TYRE SERVICES LTD group structure
Austin Tyre Services Ltd has no subsidiary companies.
Ultimate parent company
AUSTIN TYRE SERVICES LTD
07590628
austin tyre services ltd directors
Austin Tyre Services Ltd currently has 2 directors. The longest serving directors include Ms Nadine Pittard (Oct 2022) and Ms Jennine Boon (Oct 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Nadine Pittard | Wales | 53 years | Oct 2022 | - | Director |
Ms Jennine Boon | Wales | 63 years | Oct 2022 | - | Director |
P&L
March 2024turnover
773.4k
+7%
operating profit
94.4k
0%
gross margin
35.8%
-0.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
984.8k
+0.11%
total assets
1.2m
-0.04%
cash
646.4k
-0.12%
net assets
Total assets minus all liabilities
austin tyre services ltd company details
company number
07590628
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
April 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
12 york place, barry, vale of glamorgan, CF62 7ED
Bank
-
Legal Advisor
-
austin tyre 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 austin tyre services ltd.
austin tyre services ltd Companies House Filings - See Documents
date | description | view/download |
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