Pomanda estimates the enterprise value of PROVIDENCE TRADING LTD at £6.8m based on a Turnover of £18.3m and 0.37x industry multiple (adjusted for size and gross margin).
providence trading ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of PROVIDENCE TRADING LTD at £0 based on an EBITDA of £-50.3k and a 5.77x industry multiple (adjusted for size and gross margin).
providence trading ltdEstimated Valuation
£1.8m
Pomanda estimates the enterprise value of PROVIDENCE TRADING LTD at £1.8m based on Net Assets of £677.3k and 2.73x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Providence Trading LtdOverview
Providence Trading Ltd is a live company located in london, NW9 8UA with a Companies House number of 07635119. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in May 2011, it's largest shareholder is
ahamed thabith mohamed naja
with a 33.3% stake. Providence Trading Ltd is a established,
mid sized company, Pomanda has estimated its turnover at
£18.3m with
declining
growth in recent years.
Pomanda's financial health check has awarded Providence Trading 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 £18.3m, make it larger than the average company (£1.8m)
£18.3m - Providence Trading Ltd
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (11.9%)
-24% - Providence Trading Ltd
11.9% - Industry AVG
Production
with a gross margin of 11.4%, this company has a comparable cost of product (11.4%)
11.4% - Providence Trading Ltd
11.4% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (2.8%)
-0.3% - Providence Trading Ltd
2.8% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (5)
4 - Providence Trading Ltd
5 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
£33.1k - Providence Trading Ltd
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £4.6m, this is more efficient (£407.1k)
£4.6m - Providence Trading Ltd
£407.1k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (8 days)
38 days - Providence Trading Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (12 days)
4 days - Providence Trading Ltd
12 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (63 days)
0 days - Providence Trading Ltd
63 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Providence Trading Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.2%, this is a similar level of debt than the average (66.3%)
70.2% - Providence Trading Ltd
66.3% - Industry AVG
PROVIDENCE TRADING LTD financials
EXPORT
Providence Trading Ltd's latest turnover from June 2024 is estimated at £18.3 million and the company has net assets of £677.3 thousand. According to their latest financial statements, Providence Trading Ltd has 4 employees and maintains cash reserves of £1.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Turnover
18,297,826
21,524,021
59,700,668
42,350,782
19,713,035
22,701,003
20,570,628
16,234,002
13,356,215
14,025,340
13,195,544
13,695,989
9,241,250
Other Income Or Grants
Cost Of Sales
16,205,019
19,047,604
52,962,382
37,735,732
17,346,497
20,098,413
18,233,423
14,363,115
11,722,782
12,248,565
11,643,964
12,196,375
8,186,564
Gross Profit
2,092,807
2,476,417
6,738,286
4,615,050
2,366,538
2,602,590
2,337,205
1,870,886
1,633,433
1,776,775
1,551,580
1,499,614
1,054,687
Admin Expenses
2,149,928
2,580,633
6,854,249
4,556,533
2,242,111
2,300,369
1,941,766
1,794,538
1,527,682
1,678,372
1,471,736
1,449,589
955,695
Operating Profit
-57,121
-104,216
-115,963
58,517
124,427
302,221
395,439
76,348
105,751
98,403
79,844
50,025
98,992
Interest Payable
7,333
12,083
6,100
318
55,149
80,905
47,056
43,156
22,356
Interest Receivable
2,226
6,532
2,917
147
30
702
590
132
121
159
323
279
Pre-Tax Profit
-54,895
-105,017
-125,130
52,564
124,138
247,774
315,125
29,425
62,716
76,206
80,167
50,304
98,992
Tax
-9,987
-23,586
-47,077
-59,874
-5,591
-12,543
-15,241
-16,835
-11,570
-23,758
Profit After Tax
-54,895
-105,017
-125,130
42,577
100,552
200,697
255,251
23,834
50,173
60,965
63,332
38,734
75,234
Dividends Paid
Retained Profit
-54,895
-105,017
-125,130
42,577
100,552
200,697
255,251
23,834
50,173
60,965
63,332
38,734
75,234
Employee Costs
132,424
125,005
124,748
116,075
115,715
114,230
86,458
56,312
54,078
52,671
812,307
912,524
627,772
Number Of Employees
4
4
4
4
4
4
3
2
2
2
32
36
25
EBITDA*
-50,334
-86,944
-101,411
62,275
129,636
304,488
398,328
77,089
105,751
98,403
79,844
50,025
98,992
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Tangible Assets
19,667
22,173
24,159
10,551
7,451
7,368
8,446
2,744
876
3,695
947
947
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
245,693
422,145
Total Fixed Assets
19,667
22,173
24,159
10,551
7,451
253,061
430,591
2,744
876
3,695
947
947
Stock & work in progress
19,500
117,917
240,000
247,500
70,000
111,013
205,734
181,287
169,272
52,115
Trade Debtors
1,913,309
2,132,950
2,087,156
2,436,468
1,665,253
2,002,567
2,069,171
1,557,716
993,762
1,040,572
806,738
752,589
288,630
Group Debtors
72,467
223,784
236,052
211,834
Misc Debtors
321,051
77,905
28,223
301,351
488,306
230,861
167,906
170,197
88,818
210,052
Cash
1,216
83,585
177,698
288,959
5,610
54,224
132,948
103,244
2,560
45,864
17,622
111,565
misc current assets
45,653
401,393
212,235
226,354
34,736
total current assets
2,255,076
2,458,010
2,766,937
3,462,797
2,861,575
2,569,888
2,440,025
1,942,170
1,502,708
1,477,775
993,632
916,269
288,630
total assets
2,274,743
2,480,183
2,791,096
3,473,348
2,869,026
2,822,949
2,870,616
1,944,914
1,503,584
1,477,775
997,327
917,216
289,577
Bank overdraft
10,440
1,977
10,942
247,867
Bank loan
Trade Creditors
209,833
96,822
57,559
17,181
81,786
80,984
373,386
124,359
Group/Directors Accounts
90,183
92,283
124,147
other short term finances
hp & lease commitments
other current liabilities
137,810
130,240
70,457
464,398
463,777
527,364
582,669
405,151
143,787
96,429
total current liabilities
437,826
222,523
70,457
464,398
463,777
537,804
681,468
597,799
160,968
426,082
80,984
373,386
124,359
loans
133,333
200,000
1,621,622
854,840
640,000
440,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,159,610
1,525,458
1,750,087
1,897,598
1,536,474
1,516,922
180,000
414,175
373,425
739,040
429,859
89,981
provisions
total long term liabilities
1,159,610
1,525,458
1,883,420
2,097,598
1,536,474
1,516,922
1,621,622
1,034,840
1,054,175
813,425
739,040
429,859
89,981
total liabilities
1,597,436
1,747,981
1,953,877
2,561,996
2,000,251
2,054,726
2,303,090
1,632,639
1,215,143
1,239,507
820,024
803,245
214,340
net assets
677,307
732,202
837,219
911,352
868,775
768,223
567,526
312,275
288,441
238,268
177,303
113,971
75,237
total shareholders funds
677,307
732,202
837,219
911,352
868,775
768,223
567,526
312,275
288,441
238,268
177,303
113,971
75,237
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Operating Activities
Operating Profit
-57,121
-104,216
-115,963
58,517
124,427
302,221
395,439
76,348
105,751
98,403
79,844
50,025
98,992
Depreciation
6,787
17,272
14,552
3,758
5,209
2,267
2,889
741
Amortisation
Tax
-9,987
-23,586
-47,077
-59,874
-5,591
-12,543
-15,241
-16,835
-11,570
-23,758
Stock
-98,417
117,917
-240,000
-7,500
177,500
-41,013
-94,721
24,447
12,015
117,157
52,115
Debtors
23,505
23,009
-773,757
571,992
-89,510
-180,101
931,309
433,499
43,790
443,886
54,149
463,959
288,630
Creditors
209,833
-96,822
39,263
40,378
-64,605
802
-292,402
249,027
124,359
Accruals and Deferred Income
7,570
59,783
-393,941
621
-63,587
-55,305
177,518
261,364
47,358
96,429
Deferred Taxes & Provisions
Cash flow from operations
241,981
-168,087
278,405
-279,083
139,473
107,885
-335,061
34,462
7,724
-275,508
-400,699
-228,592
-89,037
Investing Activities
capital expenditure
-4,281
-15,286
-28,160
-6,858
-5,292
-1,189
-8,591
-2,609
-876
3,695
-2,748
-947
Change in Investments
cash flow from investments
-4,281
-15,286
-28,160
-6,858
-5,292
-1,189
-8,591
-2,609
-876
3,695
-2,748
-947
Financing Activities
Bank loans
Group/Directors Accounts
-2,100
92,283
-124,147
124,147
Other Short Term Loans
Long term loans
-133,333
-66,667
200,000
-1,621,622
766,782
214,840
200,000
440,000
Hire Purchase and Lease Commitments
other long term liabilities
-365,848
-224,629
-147,511
361,124
19,552
1,516,922
-180,000
-234,175
40,750
-365,615
309,181
339,878
89,981
share issue
50,997
3
interest
2,226
-801
-9,166
-5,953
-288
-54,447
-80,315
-46,924
-43,035
-22,197
323
279
cash flow from financing
-365,722
-266,480
-172,347
555,171
19,264
-159,147
382,320
57,888
197,715
52,188
309,504
340,157
89,984
cash and cash equivalents
cash
-82,369
-94,113
-111,261
283,349
-48,614
-78,724
29,704
100,684
-43,304
28,242
-93,943
111,565
overdraft
-10,440
8,463
-8,965
10,942
-247,867
247,867
change in cash
-82,369
-94,113
-111,261
283,349
-38,174
-87,187
38,669
89,742
204,563
-219,625
-93,943
111,565
providence trading 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 providence trading ltd. Get real-time insights into providence trading ltd's credit score, group structure and payment trends.
Perform a competitor analysis for providence trading ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in NW9 area or any other competitors across 12 key performance metrics.
providence trading ltd Ownership
PROVIDENCE TRADING LTD group structure
Providence Trading Ltd has 2 subsidiary companies.
The largest shareholders in Providence Trading Ltd include Ahamed Thabith Mohamed Naja and Mohamed Azam Nazar.
ahamed thabith mohamed naja
33.33%
mohamed azam nazar
33.33%
hasna fathima dulfeker
33.33%
providence trading ltd directors
Providence Trading Ltd currently has 3 directors.
The longest serving directors include
Dr Hasna Dulfeker (May 2011) and
Mr Ahamed Mohamed Naja (May 2011).
45112 - Sale of used cars and light motor vehicles
incorporation date
May 2011
age
14
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
468 church lane, london, NW9 8UA
Bank
-
Legal Advisor
-
providence trading 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 found 1 charges/mortgages relating to providence trading ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
providence trading 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 PROVIDENCE TRADING LTD. This can take several minutes, an email will notify you when this has completed.
providence trading ltdCompanies House Filings - See Documents
