godfrey autoparts limited
godfrey autoparts limited Company Information
Company Number
07805617
Website
motor-world.co.ukRegistered Address
the pinnacle 3ed floor, 73 king street, manchester, M2 4NG
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
maccess group ltd 100%
godfrey autoparts limited Estimated Valuation
Pomanda estimates the enterprise value of GODFREY AUTOPARTS LIMITED at £2.5m based on a Turnover of £4.3m and 0.58x industry multiple (adjusted for size and gross margin).
godfrey autoparts limited Estimated Valuation
Pomanda estimates the enterprise value of GODFREY AUTOPARTS LIMITED at £0 based on an EBITDA of £-602k and a 4.46x industry multiple (adjusted for size and gross margin).
godfrey autoparts limited Estimated Valuation
Pomanda estimates the enterprise value of GODFREY AUTOPARTS LIMITED at £0 based on Net Assets of £-1.7m and 2.58x industry multiple (adjusted for liquidity).
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Godfrey Autoparts Limited Overview
Godfrey Autoparts Limited is a dissolved company that was located in manchester, M2 4NG with a Companies House number of 07805617. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2011, it's largest shareholder was maccess group ltd with a 100% stake. The last turnover for Godfrey Autoparts Limited was estimated at £4.3m.
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Godfrey Autoparts Limited Health Check
Pomanda's financial health check has awarded Godfrey Autoparts Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £4.3m, make it larger than the average company (£2.1m)
£4.3m - Godfrey Autoparts Limited
£2.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Godfrey Autoparts Limited
- - Industry AVG
Production
with a gross margin of 33.6%, this company has a comparable cost of product (34.8%)
33.6% - Godfrey Autoparts Limited
34.8% - Industry AVG
Profitability
an operating margin of -15.7% make it less profitable than the average company (6.6%)
-15.7% - Godfrey Autoparts Limited
6.6% - Industry AVG
Employees
with 55 employees, this is above the industry average (32)
55 - Godfrey Autoparts Limited
32 - Industry AVG
Pay Structure
on an average salary of £16.4k, the company has a lower pay structure (£41.1k)
£16.4k - Godfrey Autoparts Limited
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £77.5k, this is less efficient (£149.2k)
£77.5k - Godfrey Autoparts Limited
£149.2k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (43 days)
58 days - Godfrey Autoparts Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is slower than average (33 days)
39 days - Godfrey Autoparts Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 134 days, this is more than average (29 days)
134 days - Godfrey Autoparts Limited
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (22 weeks)
4 weeks - Godfrey Autoparts Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 177.4%, this is a higher level of debt than the average (70.8%)
177.4% - Godfrey Autoparts Limited
70.8% - Industry AVG
GODFREY AUTOPARTS LIMITED financials
Godfrey Autoparts Limited's latest turnover from December 2013 is £4.3 million and the company has net assets of -£1.7 million. According to their latest financial statements, Godfrey Autoparts Limited has 55 employees and maintains cash reserves of £233 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2013 | Dec 2012 | |
|---|---|---|
| Turnover | 4,260,000 | 4,894,000 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 2,828,000 | 3,485,000 |
| Gross Profit | 1,432,000 | 1,409,000 |
| Admin Expenses | 2,099,000 | 2,446,000 |
| Operating Profit | -667,000 | -1,037,000 |
| Interest Payable | 15,000 | 15,000 |
| Interest Receivable | 0 | 2,000 |
| Pre-Tax Profit | -682,000 | -1,050,000 |
| Tax | 0 | 0 |
| Profit After Tax | -682,000 | -1,050,000 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -682,000 | -1,050,000 |
| Employee Costs | 903,000 | 1,370,000 |
| Number Of Employees | 55 | 65 |
| EBITDA* | -602,000 | -938,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2013 | Dec 2012 | |
|---|---|---|
| Tangible Assets | 175,000 | 219,000 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 175,000 | 219,000 |
| Stock & work in progress | 1,040,000 | 1,105,000 |
| Trade Debtors | 687,000 | 609,000 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 90,000 | 91,000 |
| Cash | 233,000 | 65,000 |
| misc current assets | 0 | 0 |
| total current assets | 2,050,000 | 1,870,000 |
| total assets | 2,225,000 | 2,089,000 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 308,000 | 1,769,000 |
| Group/Directors Accounts | 2,282,000 | 166,000 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 375,000 | 226,000 |
| total current liabilities | 2,965,000 | 2,161,000 |
| loans | 982,000 | 968,000 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 982,000 | 968,000 |
| total liabilities | 3,947,000 | 3,129,000 |
| net assets | -1,722,000 | -1,040,000 |
| total shareholders funds | -1,722,000 | -1,040,000 |
| Dec 2013 | Dec 2012 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -667,000 | -1,037,000 |
| Depreciation | 65,000 | 99,000 |
| Amortisation | 0 | 0 |
| Tax | 0 | 0 |
| Stock | -65,000 | 1,105,000 |
| Debtors | 77,000 | 700,000 |
| Creditors | -1,461,000 | 1,769,000 |
| Accruals and Deferred Income | 149,000 | 226,000 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | -1,926,000 | -748,000 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 2,116,000 | 166,000 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 14,000 | 968,000 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -15,000 | -13,000 |
| cash flow from financing | 2,115,000 | 1,131,000 |
| cash and cash equivalents | ||
| cash | 168,000 | 65,000 |
| overdraft | 0 | 0 |
| change in cash | 168,000 | 65,000 |
godfrey autoparts limited Credit Report and Business Information
Godfrey Autoparts Limited Competitor Analysis
Perform a competitor analysis for godfrey autoparts limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in M 2 area or any other competitors across 12 key performance metrics.
godfrey autoparts limited Ownership
GODFREY AUTOPARTS LIMITED group structure
Godfrey Autoparts Limited has no subsidiary companies.
Ultimate parent company
2 parents
GODFREY AUTOPARTS LIMITED
07805617
godfrey autoparts limited directors
Godfrey Autoparts Limited currently has 4 directors. The longest serving directors include Mr Stephen Brennan (Nov 2011) and Mr Ian Lawrence (Nov 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Brennan | United Kingdom | 66 years | Nov 2011 | - | Director |
| Mr Ian Lawrence | United Kingdom | 55 years | Nov 2011 | - | Director |
| Mr Peter Schofield | 63 years | Dec 2012 | - | Director | |
| Mr Michael Green | England | 61 years | Apr 2013 | - | Director |
P&L
December 2013turnover
4.3m
-13%
operating profit
-667k
-36%
gross margin
33.7%
+16.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2013net assets
-1.7m
+0.66%
total assets
2.2m
+0.07%
cash
233k
+2.58%
net assets
Total assets minus all liabilities
godfrey autoparts limited company details
company number
07805617
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2011
age
13
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2013
previous names
amturn services limited (November 2011)
accountant
-
auditor
-
address
the pinnacle 3ed floor, 73 king street, manchester, M2 4NG
Bank
-
Legal Advisor
-
godfrey autoparts limited 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 2 charges/mortgages relating to godfrey autoparts limited. Currently there are 2 open charges and 0 have been satisfied in the past.
godfrey autoparts limited Companies House Filings - See Documents
| date | description | view/download |
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