sinclair cars ltd

sinclair cars ltd Company Information

Share SINCLAIR CARS LTD
Live 
EstablishedMicroDeclining

Company Number

07806640

Industry

Taxi operation

 

Directors

Abdul Malik

Shareholders

abdul malik

Group Structure

View All

Contact

Registered Address

40a romford road, stratford, E15 4BZ

sinclair cars ltd Estimated Valuation

£166k

Pomanda estimates the enterprise value of SINCLAIR CARS LTD at £166k based on a Turnover of £97.2k and 1.71x industry multiple (adjusted for size and gross margin).

sinclair cars ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SINCLAIR CARS LTD at £0 based on an EBITDA of £-12.4k and a 3.64x industry multiple (adjusted for size and gross margin).

sinclair cars ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SINCLAIR CARS LTD at £0 based on Net Assets of £-76.6k and 2.58x industry multiple (adjusted for liquidity).

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Sinclair Cars Ltd Overview

Sinclair Cars Ltd is a live company located in stratford, E15 4BZ with a Companies House number of 07806640. It operates in the taxi operation sector, SIC Code 49320. Founded in October 2011, it's largest shareholder is abdul malik with a 100% stake. Sinclair Cars Ltd is a established, micro sized company, Pomanda has estimated its turnover at £97.2k with declining growth in recent years.

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Sinclair Cars Ltd Health Check

Pomanda's financial health check has awarded Sinclair Cars Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £97.2k, make it smaller than the average company (£699k)

£97.2k - Sinclair Cars Ltd

£699k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -37%, show it is growing at a slower rate (10%)

-37% - Sinclair Cars Ltd

10% - Industry AVG

production

Production

with a gross margin of 48.4%, this company has a comparable cost of product (48.4%)

48.4% - Sinclair Cars Ltd

48.4% - Industry AVG

profitability

Profitability

an operating margin of -15.6% make it less profitable than the average company (10.8%)

-15.6% - Sinclair Cars Ltd

10.8% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (10)

3 - Sinclair Cars Ltd

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.8k, the company has an equivalent pay structure (£31.8k)

£31.8k - Sinclair Cars Ltd

£31.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £32.4k, this is less efficient (£89.8k)

£32.4k - Sinclair Cars Ltd

£89.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 8 days, this is earlier than average (38 days)

8 days - Sinclair Cars Ltd

38 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Sinclair Cars Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sinclair Cars Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (27 weeks)

4 weeks - Sinclair Cars Ltd

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 226.4%, this is a higher level of debt than the average (56.2%)

226.4% - Sinclair Cars Ltd

56.2% - Industry AVG

SINCLAIR CARS LTD financials

EXPORTms excel logo

Sinclair Cars Ltd's latest turnover from December 2023 is estimated at £97.2 thousand and the company has net assets of -£76.6 thousand. According to their latest financial statements, Sinclair Cars Ltd has 3 employees and maintains cash reserves of £11.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
Turnover97,183107,58193,190395,474344,230284,411230,487348,088280,397284,551244,260388,238
Other Income Or Grants000000000000
Cost Of Sales50,15958,84852,905224,515176,798150,425116,022177,800145,376169,590140,325225,083
Gross Profit47,02348,73440,285170,959167,432133,986114,465170,288135,021114,961103,935163,155
Admin Expenses62,18656,353978183,932155,296119,609102,053162,742134,105150,110143,547195,951
Operating Profit-15,163-7,61939,307-12,97312,13614,37712,4127,546916-35,149-39,612-32,796
Interest Payable3,2993,7381,396000000000
Interest Receivable1,8862,6141110000514411
Pre-Tax Profit-16,577-8,74338,022-12,97312,13614,37712,4127,551930-35,145-39,611-32,795
Tax00-7,2240-2,306-2,732-2,358-1,510-186000
Profit After Tax-16,577-8,74330,798-12,9739,83011,64510,0546,041744-35,145-39,611-32,795
Dividends Paid000000000000
Retained Profit-16,577-8,74330,798-12,9739,83011,64510,0546,041744-35,145-39,611-32,795
Employee Costs95,35785,65983,61770,68766,98662,81778,154117,06997,132113,586110,018152,431
Number Of Employees333333464446
EBITDA*-12,368-6,58939,307-12,97312,13614,37712,4127,5461,362-33,247-37,732-30,950

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
Tangible Assets11,1785,0464,9222,1412,5723,0603,4123,3681,7832,2293,2014,085
Intangible Assets6628271,033000001,6511,6512,4763,301
Investments & Other27,00000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets38,8405,8735,9552,1412,5723,0603,4123,3683,4343,8805,6777,386
Stock & work in progress000000000000
Trade Debtors2,3732,3732,37421,22221,43712,6814,32310,7832,3752,3752,3750
Group Debtors000000000000
Misc Debtors7,79000000000000
Cash11,60560,23389,152000004,0951,6120248
misc current assets000000000000
total current assets21,76862,60691,52621,22221,43712,6814,32310,7836,4703,9872,375248
total assets60,60868,47997,48123,36324,00915,7417,73514,1519,9047,8678,0527,634
Bank overdraft24,62834,02744,676000000000
Bank loan000000000000
Trade Creditors 000105,57393,24694,80898,447114,917116,611115,31880,35840,329
Group/Directors Accounts106,09785,154101,008000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities6,5159,3532,901000000000
total current liabilities137,240128,534148,585105,57393,24694,80898,447114,917116,611115,31880,35840,329
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities00208000000000
provisions000000000000
total long term liabilities00208000000000
total liabilities137,240128,534148,793105,57393,24694,80898,447114,917116,611115,31880,35840,329
net assets-76,632-60,055-51,312-82,210-69,237-79,067-90,712-100,766-106,707-107,451-72,306-32,695
total shareholders funds-76,632-60,055-51,312-82,210-69,237-79,067-90,712-100,766-106,707-107,451-72,306-32,695
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
Operating Activities
Operating Profit-15,163-7,61939,307-12,97312,13614,37712,4127,546916-35,149-39,612-32,796
Depreciation2,7951,0300000004461,0771,0551,021
Amortisation000000000825825825
Tax00-7,2240-2,306-2,732-2,358-1,510-186000
Stock000000000000
Debtors7,790-1-18,848-2158,7568,358-6,4608,408002,3750
Creditors00-105,57312,327-1,562-3,639-16,470-1,6941,29334,96040,02940,329
Accruals and Deferred Income-2,8386,4522,901000000000
Deferred Taxes & Provisions000000000000
Cash flow from operations-22,996-136-51,741-431-488-35244-4,0662,4691,713-789,379
Investing Activities
capital expenditure-8,762-948-3,814431488352-44660-105-171-9,232
Change in Investments27,00000000000000
cash flow from investments-35,762-948-3,814431488352-44660-105-171-9,232
Financing Activities
Bank loans000000000000
Group/Directors Accounts20,943-15,854101,008000000000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities0-208208000000000
share issue001000000-100000100
interest-1,413-1,124-1,2850000514411
cash flow from financing19,530-17,186100,0310000-951441101
cash and cash equivalents
cash-48,628-28,91989,1520000-4,0952,4831,612-248248
overdraft-9,399-10,64944,676000000000
change in cash-39,229-18,27044,4760000-4,0952,4831,612-248248

sinclair cars 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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Sinclair Cars Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for sinclair cars ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in E15 area or any other competitors across 12 key performance metrics.

sinclair cars ltd Ownership

SINCLAIR CARS LTD group structure

Sinclair Cars Ltd has no subsidiary companies.

Ultimate parent company

SINCLAIR CARS LTD

07806640

SINCLAIR CARS LTD Shareholders

abdul malik 100%

sinclair cars ltd directors

Sinclair Cars Ltd currently has 1 director, Mr Abdul Malik serving since Jul 2020.

officercountryagestartendrole
Mr Abdul MalikEngland48 years Jul 2020- Director

P&L

December 2023

turnover

97.2k

-10%

operating profit

-15.2k

0%

gross margin

48.4%

+6.82%

turnover

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

Balance Sheet

December 2023

net assets

-76.6k

+0.28%

total assets

60.6k

-0.11%

cash

11.6k

-0.81%

net assets

Total assets minus all liabilities

sinclair cars ltd company details

company number

07806640

Type

Private limited with Share Capital

industry

49320 - Taxi operation

incorporation date

October 2011

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

sinclair taxi services ltd (October 2011)

accountant

-

auditor

-

address

40a romford road, stratford, E15 4BZ

Bank

-

Legal Advisor

-

sinclair cars 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 sinclair cars ltd.

sinclair cars 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.

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sinclair cars ltd Companies House Filings - See Documents

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