west car commercial ltd Company Information
Company Number
07625433
Website
www.west-cars.co.ukRegistered Address
183 station lane, hornchurch, essex, RM12 6LL
Industry
Sale of used cars and light motor vehicles
Telephone
-
Next Accounts Due
March 2024
Group Structure
View All
Shareholders
westley james parnell 50%
james parnell 50%
west car commercial ltd Estimated Valuation
Pomanda estimates the enterprise value of WEST CAR COMMERCIAL LTD at £338.1k based on a Turnover of £2m and 0.17x industry multiple (adjusted for size and gross margin).
west car commercial ltd Estimated Valuation
Pomanda estimates the enterprise value of WEST CAR COMMERCIAL LTD at £3.2k based on an EBITDA of £1.2k and a 2.7x industry multiple (adjusted for size and gross margin).
west car commercial ltd Estimated Valuation
Pomanda estimates the enterprise value of WEST CAR COMMERCIAL LTD at £42.8k based on Net Assets of £18k and 2.38x industry multiple (adjusted for liquidity).
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West Car Commercial Ltd Overview
West Car Commercial Ltd is a dissolved company that was located in essex, RM12 6LL with a Companies House number of 07625433. It operated in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in May 2011, it's largest shareholder was westley james parnell with a 50% stake. The last turnover for West Car Commercial Ltd was estimated at £2m.
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West Car Commercial Ltd Health Check
Pomanda's financial health check has awarded West Car Commercial Ltd a 2 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 £2m, make it in line with the average company (£2m)
- West Car Commercial Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (7.6%)
- West Car Commercial Ltd
7.6% - Industry AVG
Production
with a gross margin of 7.2%, this company has a higher cost of product (11.3%)
- West Car Commercial Ltd
11.3% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (2.9%)
- West Car Commercial Ltd
2.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (27)
- West Car Commercial Ltd
27 - Industry AVG
Pay Structure
on an average salary of £28.7k, the company has an equivalent pay structure (£28.7k)
- West Car Commercial Ltd
£28.7k - Industry AVG
Efficiency
resulting in sales per employee of £661.7k, this is more efficient (£497.8k)
- West Car Commercial Ltd
£497.8k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is later than average (8 days)
- West Car Commercial Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (13 days)
- West Car Commercial Ltd
13 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- West Car Commercial Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - West Car Commercial Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.7%, this is a higher level of debt than the average (71.5%)
92.7% - West Car Commercial Ltd
71.5% - Industry AVG
west car commercial ltd Credit Report and Business Information
West Car Commercial Ltd Competitor Analysis
Perform a competitor analysis for west car commercial ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
west car commercial ltd Ownership
WEST CAR COMMERCIAL LTD group structure
West Car Commercial Ltd has no subsidiary companies.
Ultimate parent company
WEST CAR COMMERCIAL LTD
07625433
west car commercial ltd directors
West Car Commercial Ltd currently has 2 directors. The longest serving directors include Mr Westley Parnell (May 2011) and Mr James Parnell (Jun 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Westley Parnell | United Kingdom | 46 years | May 2011 | - | Director |
Mr James Parnell | United Kingdom | 75 years | Jun 2015 | - | Director |
WEST CAR COMMERCIAL LTD financials
West Car Commercial Ltd's latest turnover from April 2018 is estimated at £2 million and the company has net assets of £18 thousand. According to their latest financial statements, we estimate that West Car Commercial Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | May 2012 | |
---|---|---|---|---|---|---|---|
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 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | May 2012 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 1,637 | 2,182 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 | 1,637 | 2,182 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 177,849 | 215,140 | 127,166 |
Trade Debtors | 245,861 | 245,213 | 152,332 | 156,998 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 33,100 | 32,099 | 37,299 | 34,700 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 245,861 | 245,213 | 185,432 | 189,097 | 215,148 | 249,840 | 127,166 |
total assets | 245,861 | 245,213 | 185,432 | 189,097 | 216,785 | 252,022 | 127,166 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 227,862 | 228,186 | 183,264 | 188,767 | 211,836 | 251,171 | 195,063 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 227,862 | 228,186 | 183,264 | 188,767 | 211,836 | 251,171 | 195,063 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 227,862 | 228,186 | 183,264 | 188,767 | 211,836 | 251,171 | 195,063 |
net assets | 17,999 | 17,027 | 2,168 | 330 | 4,949 | 851 | -67,897 |
total shareholders funds | 17,999 | 17,027 | 2,168 | 330 | 4,949 | 851 | -67,897 |
Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | May 2012 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 0 | 0 | 0 | 410 | 546 | 546 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||
Stock | 0 | 0 | 0 | -177,849 | -37,291 | 87,974 | 127,166 |
Debtors | 648 | 92,881 | -4,666 | 156,998 | 0 | 0 | 0 |
Creditors | -324 | 44,922 | -5,503 | -23,069 | -39,335 | 56,108 | 195,063 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 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 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | 0 | -33,100 | 1,001 | -5,200 | 2,599 | 34,700 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | -33,100 | 1,001 | -5,200 | 2,599 | 34,700 | 0 |
P&L
April 2018turnover
2m
-26%
operating profit
1.2k
0%
gross margin
7.2%
-1.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2018net assets
18k
+0.06%
total assets
245.9k
0%
cash
0
0%
net assets
Total assets minus all liabilities
west car commercial ltd company details
company number
07625433
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
May 2011
age
13
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
183 station lane, hornchurch, essex, RM12 6LL
last accounts submitted
April 2018
west car commercial 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 west car commercial ltd.
west car commercial ltd Companies House Filings - See Documents
date | description | view/download |
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