mak tyres trading ltd

2

mak tyres trading ltd Company Information

Share MAK TYRES TRADING LTD
Dissolved 

Company Number

07800716

Registered Address

64 over lane, almondsbury, bristol, BS32 4BW

Industry

Retail trade of motor vehicle parts and accessories

 

Telephone

0123456789

Next Accounts Due

May 2024

Group Structure

View All

Directors

Tariq Rashid12 Years

Shareholders

tariq rashid 100%

mak tyres trading ltd Estimated Valuation

£48.9k

Pomanda estimates the enterprise value of MAK TYRES TRADING LTD at £48.9k based on a Turnover of £231.4k and 0.21x industry multiple (adjusted for size and gross margin).

mak tyres trading ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MAK TYRES TRADING LTD at £0 based on an EBITDA of £-4.5k and a 2.83x industry multiple (adjusted for size and gross margin).

mak tyres trading ltd Estimated Valuation

£13.1k

Pomanda estimates the enterprise value of MAK TYRES TRADING LTD at £13.1k based on Net Assets of £5.5k and 2.38x industry multiple (adjusted for liquidity).

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Mak Tyres Trading Ltd Overview

Mak Tyres Trading Ltd is a dissolved company that was located in bristol, BS32 4BW with a Companies House number of 07800716. It operated in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in October 2011, it's largest shareholder was tariq rashid with a 100% stake. The last turnover for Mak Tyres Trading Ltd was estimated at £231.4k.

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Mak Tyres Trading Ltd Health Check

Pomanda's financial health check has awarded Mak Tyres Trading Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £231.4k, make it smaller than the average company (£871.6k)

£231.4k - Mak Tyres Trading Ltd

£871.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -62%, show it is growing at a slower rate (4.9%)

-62% - Mak Tyres Trading Ltd

4.9% - Industry AVG

production

Production

with a gross margin of 21.4%, this company has a higher cost of product (34.9%)

21.4% - Mak Tyres Trading Ltd

34.9% - Industry AVG

profitability

Profitability

an operating margin of -2% make it less profitable than the average company (3.5%)

-2% - Mak Tyres Trading Ltd

3.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (62)

1 - Mak Tyres Trading Ltd

62 - Industry AVG

paystructure

Pay Structure

on an average salary of £26k, the company has an equivalent pay structure (£26k)

£26k - Mak Tyres Trading Ltd

£26k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £231.4k, this is more efficient (£109k)

£231.4k - Mak Tyres Trading Ltd

£109k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 95 days, this is later than average (28 days)

95 days - Mak Tyres Trading Ltd

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 111 days, this is slower than average (61 days)

111 days - Mak Tyres Trading Ltd

61 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mak Tyres Trading Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mak Tyres Trading Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 90.9%, this is a higher level of debt than the average (69.8%)

90.9% - Mak Tyres Trading Ltd

69.8% - Industry AVG

mak tyres trading 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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Mak Tyres Trading Ltd Competitor Analysis

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Perform a competitor analysis for mak tyres trading ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

mak tyres trading ltd Ownership

MAK TYRES TRADING LTD group structure

Mak Tyres Trading Ltd has no subsidiary companies.

Ultimate parent company

MAK TYRES TRADING LTD

07800716

MAK TYRES TRADING LTD Shareholders

tariq rashid 100%

mak tyres trading ltd directors

Mak Tyres Trading Ltd currently has 1 director, Mr Tariq Rashid serving since Oct 2011.

officercountryagestartendrole
Mr Tariq RashidEngland48 years Oct 2011- Director

MAK TYRES TRADING LTD financials

EXPORTms excel logo

Mak Tyres Trading Ltd's latest turnover from October 2019 is estimated at £231.4 thousand and the company has net assets of £5.5 thousand. According to their latest financial statements, we estimate that Mak Tyres Trading Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012
Turnover231,4291,748,9643,765,5554,137,3704,270,4886,112,9281,166,8626,199,729
Other Income Or Grants00000000
Cost Of Sales181,9131,383,0353,007,6693,356,5533,525,2095,248,624993,3504,979,619
Gross Profit49,515365,929757,886780,817745,280864,305173,5121,220,109
Admin Expenses54,054366,576760,169783,498746,345864,587170,2571,214,452
Operating Profit-4,539-647-2,283-2,681-1,065-2823,2555,657
Interest Payable00000000
Interest Receivable001,3412,6813,5561,5991,548823
Pre-Tax Profit-4,539-647-94202,4911,3184,8036,480
Tax0000-498-277-1,105-1,555
Profit After Tax-4,539-647-94201,9931,0413,6984,925
Dividends Paid00000000
Retained Profit-4,539-647-94201,9931,0413,6984,925
Employee Costs26,031205,234418,308459,334410,593566,356116,657601,947
Number Of Employees1818191723526
EBITDA*-4,539-647-2,283-2,681-447-2003,6195,657

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012
Tangible Assets7821,0421,3891,8521,8522,4701,0940
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets7821,0421,3891,8521,8522,4701,0940
Stock & work in progress000409,568409,568000
Trade Debtors60,265446,048918,685708,286708,2861,097,257143,9531,194,775
Group Debtors00000000
Misc Debtors00000000
Cash0001,072,4871,072,487350,027289,764329,275
misc current assets00000000
total current assets60,265446,048918,6852,190,3412,190,3411,447,284433,7171,524,050
total assets61,047447,090920,0742,192,1932,192,1931,449,754434,8111,524,050
Bank overdraft00000000
Bank loan00000000
Trade Creditors 55,518437,022909,3592,180,5352,180,5351,440,089426,1871,519,124
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000000
total current liabilities55,518437,022909,3592,180,5352,180,5351,440,089426,1871,519,124
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities00000000
total liabilities55,518437,022909,3592,180,5352,180,5351,440,089426,1871,519,124
net assets5,52910,06810,71511,65811,6589,6658,6244,926
total shareholders funds5,52910,06810,71511,65811,6589,6658,6244,926
Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012
Operating Activities
Operating Profit-4,539-647-2,283-2,681-1,065-2823,2555,657
Depreciation0000618823640
Amortisation00000000
Tax0000-498-277-1,105-1,555
Stock00-409,5680409,568000
Debtors-385,783-472,637210,3990-388,971953,304-1,050,8221,194,775
Creditors-381,504-472,337-1,271,1760740,4461,013,902-1,092,9371,519,124
Accruals and Deferred Income00000000
Deferred Taxes & Provisions00000000
Cash flow from operations-260-347-1,074,290-2,681718,90460,121-39,601328,451
Investing Activities
capital expenditure26034746300-1,458-1,4580
Change in Investments00000000
cash flow from investments26034746300-1,458-1,4580
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue00-100001
interest001,3412,6813,5561,5991,548823
cash flow from financing001,3402,6813,5561,5991,548824
cash and cash equivalents
cash00-1,072,4870722,46060,263-39,511329,275
overdraft00000000
change in cash00-1,072,4870722,46060,263-39,511329,275

P&L

October 2019

turnover

231.4k

-87%

operating profit

-4.5k

0%

gross margin

21.4%

+2.26%

turnover

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

Balance Sheet

October 2019

net assets

5.5k

-0.45%

total assets

61k

-0.86%

cash

0

0%

net assets

Total assets minus all liabilities

mak tyres trading ltd company details

company number

07800716

Type

Private limited with Share Capital

industry

45320 - Retail trade of motor vehicle parts and accessories

incorporation date

October 2011

age

13

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

64 over lane, almondsbury, bristol, BS32 4BW

last accounts submitted

October 2019

mak tyres 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 did not find charges/mortgages relating to mak tyres trading ltd.

charges

mak tyres trading ltd Companies House Filings - See Documents

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