andrew tart motor engineering ltdEstimated Valuation
£26.8k
Pomanda estimates the enterprise value of ANDREW TART MOTOR ENGINEERING LTD at £26.8k based on a Turnover of £107.1k and 0.25x industry multiple (adjusted for size and gross margin).
andrew tart motor engineering ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ANDREW TART MOTOR ENGINEERING LTD at £0 based on an EBITDA of £-3.9k and a 3.73x industry multiple (adjusted for size and gross margin).
andrew tart motor engineering ltdEstimated Valuation
£308.1k
Pomanda estimates the enterprise value of ANDREW TART MOTOR ENGINEERING LTD at £308.1k based on Net Assets of £108.7k and 2.84x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Andrew Tart Motor Engineering LtdOverview
Andrew Tart Motor Engineering Ltd is a live company located in worcestershire, DY14 9HR with a Companies House number of 07835546. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in November 2011, it's largest shareholder is
andrew tart
with a 100% stake. Andrew Tart Motor Engineering Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£107.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Andrew Tart Motor Engineering Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £107.1k, make it smaller than the average company (£424.2k)
£107.1k - Andrew Tart Motor Engineering Ltd
£424.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -49%, show it is growing at a slower rate (7.6%)
-49% - Andrew Tart Motor Engineering Ltd
7.6% - Industry AVG
Production
with a gross margin of 35.7%, this company has a comparable cost of product (35.7%)
35.7% - Andrew Tart Motor Engineering Ltd
35.7% - Industry AVG
Profitability
an operating margin of -5.3% make it less profitable than the average company (5.5%)
-5.3% - Andrew Tart Motor Engineering Ltd
5.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Andrew Tart Motor Engineering Ltd
6 - Industry AVG
Pay Structure
on an average salary of £27.6k, the company has an equivalent pay structure (£27.6k)
£27.6k - Andrew Tart Motor Engineering Ltd
£27.6k - Industry AVG
Efficiency
resulting in sales per employee of £35.7k, this is less efficient (£99k)
£35.7k - Andrew Tart Motor Engineering Ltd
£99k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (37 days)
16 days - Andrew Tart Motor Engineering Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (43 days)
3 days - Andrew Tart Motor Engineering Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 35 days, this is more than average (24 days)
35 days - Andrew Tart Motor Engineering Ltd
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 207 weeks, this is more cash available to meet short term requirements (14 weeks)
207 weeks - Andrew Tart Motor Engineering Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23%, this is a lower level of debt than the average (66.5%)
23% - Andrew Tart Motor Engineering Ltd
66.5% - Industry AVG
ANDREW TART MOTOR ENGINEERING LTD financials
EXPORT
Andrew Tart Motor Engineering Ltd's latest turnover from October 2023 is estimated at £107.1 thousand and the company has net assets of £108.7 thousand. According to their latest financial statements, Andrew Tart Motor Engineering Ltd has 3 employees and maintains cash reserves of £125.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Turnover
107,122
174,450
145,265
789,633
1,099,806
1,118,085
562,408
491,180
479,310
487,773
599,608
664,822
Other Income Or Grants
Cost Of Sales
68,893
114,005
95,418
495,683
694,765
696,456
333,794
292,738
289,992
288,966
358,379
392,414
Gross Profit
38,229
60,445
49,847
293,950
405,041
421,629
228,613
198,442
189,318
198,807
241,229
272,408
Admin Expenses
43,922
88,575
31,943
305,134
354,982
362,167
237,201
190,390
173,073
207,243
239,351
220,475
Operating Profit
-5,693
-28,130
17,904
-11,184
50,059
59,462
-8,588
8,052
16,245
-8,436
1,878
51,933
Interest Payable
Interest Receivable
4,586
1,430
39
216
194
190
167
116
177
90
Pre-Tax Profit
-1,107
-26,700
17,943
-11,184
50,059
59,678
-8,394
8,243
16,413
-8,320
2,055
52,024
Tax
-3,409
-9,511
-11,339
-1,648
-3,282
-473
-12,486
Profit After Tax
-1,107
-26,700
14,534
-11,184
40,548
48,339
-8,394
6,594
13,130
-8,320
1,582
39,538
Dividends Paid
Retained Profit
-1,107
-26,700
14,534
-11,184
40,548
48,339
-8,394
6,594
13,130
-8,320
1,582
39,538
Employee Costs
82,741
77,539
78,346
79,914
337,327
369,723
107,550
106,424
132,633
132,001
184,209
198,092
Number Of Employees
3
3
3
3
12
13
4
4
5
5
7
8
EBITDA*
-3,875
-25,602
17,904
-11,184
50,059
59,462
-1,551
34,839
44,558
18,489
26,306
77,244
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Tangible Assets
3,609
4,969
7,497
11,004
14,637
20,060
23,567
30,461
39,088
42,804
25,829
32,257
Intangible Assets
18,000
36,000
54,000
72,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,609
4,969
7,497
11,004
14,637
20,060
23,567
30,461
57,088
78,804
79,829
104,257
Stock & work in progress
6,728
55,845
27,424
8,000
8,000
7,800
7,650
9,800
9,700
Trade Debtors
4,853
2,741
7,334
156,353
169,031
163,049
74,187
45,683
40,134
44,198
46,304
48,109
Group Debtors
Misc Debtors
245
26,039
49,238
Cash
125,626
49,065
78,074
57,635
97,308
54,974
11,898
34,520
36,174
misc current assets
total current assets
137,452
133,690
162,070
156,353
169,031
163,049
139,822
150,991
102,908
63,746
90,624
93,983
total assets
141,061
138,659
169,567
167,357
183,668
183,109
163,389
181,452
159,996
142,550
170,453
198,240
Bank overdraft
Bank loan
Trade Creditors
606
13,718
1,498
45,524
50,651
90,640
119,159
128,828
113,166
108,850
128,233
157,102
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
30,921
14,230
31,602
total current liabilities
31,527
27,948
33,100
45,524
50,651
90,640
119,159
128,828
113,166
108,850
128,233
157,102
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
874
944
800
800
1,000
1,500
total long term liabilities
874
944
800
800
1,000
1,500
total liabilities
32,401
28,892
33,100
45,524
50,651
90,640
119,159
128,828
113,966
109,650
129,233
158,602
net assets
108,660
109,767
136,467
121,833
133,017
92,469
44,230
52,624
46,030
32,900
41,220
39,638
total shareholders funds
108,660
109,767
136,467
121,833
133,017
92,469
44,230
52,624
46,030
32,900
41,220
39,638
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Operating Activities
Operating Profit
-5,693
-28,130
17,904
-11,184
50,059
59,462
-8,588
8,052
16,245
-8,436
1,878
51,933
Depreciation
1,818
2,528
7,037
8,787
10,313
8,925
6,428
7,311
Amortisation
18,000
18,000
18,000
18,000
18,000
Tax
-3,409
-9,511
-11,339
-1,648
-3,282
-473
-12,486
Stock
-49,117
28,421
27,424
-8,000
200
150
-2,150
100
9,700
Debtors
-23,682
-27,792
-99,781
-12,678
5,982
88,862
28,504
5,549
-4,064
-2,106
-1,805
48,109
Creditors
-13,112
12,220
-44,026
-5,127
-39,989
-28,519
-9,669
15,662
4,316
-19,383
-28,869
157,102
Accruals and Deferred Income
16,691
-17,372
31,602
Deferred Taxes & Provisions
-70
944
-800
-200
-500
1,500
Cash flow from operations
72,433
-30,439
74,428
-3,633
-5,423
-61,258
-39,724
42,304
49,506
3,162
-1,831
165,551
Investing Activities
capital expenditure
-458
3,507
3,633
5,423
3,507
-143
-160
-6,597
-25,900
-129,568
Change in Investments
cash flow from investments
-458
3,507
3,633
5,423
3,507
-143
-160
-6,597
-25,900
-129,568
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
-100
100
interest
4,586
1,430
39
216
194
190
167
116
177
90
cash flow from financing
4,586
1,430
139
116
194
190
167
116
177
190
cash and cash equivalents
cash
76,561
-29,009
78,074
-57,635
-39,673
42,334
43,076
-22,622
-1,654
36,174
overdraft
change in cash
76,561
-29,009
78,074
-57,635
-39,673
42,334
43,076
-22,622
-1,654
36,174
andrew tart motor engineering 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 andrew tart motor engineering ltd. Get real-time insights into andrew tart motor engineering ltd's credit score, group structure and payment trends.
Andrew Tart Motor Engineering Ltd Competitor Analysis
Perform a competitor analysis for andrew tart motor engineering ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in DY14 area or any other competitors across 12 key performance metrics.
andrew tart motor engineering ltd Ownership
ANDREW TART MOTOR ENGINEERING LTD group structure
Andrew Tart Motor Engineering Ltd has no subsidiary companies.
Ultimate parent company
ANDREW TART MOTOR ENGINEERING LTD
07835546
ANDREW TART MOTOR ENGINEERING LTD Shareholders
The sole shareholder of Andrew Tart Motor Engineering Ltd is Andrew Tart.
andrew tart
100%
andrew tart motor engineering ltd directors
Andrew Tart Motor Engineering Ltd currently has 1 director, Mr Andrew Tart serving since Nov 2011.
yew tree house clows top, kidderminster, worcestershire, DY14 9HR
Bank
-
Legal Advisor
-
andrew tart motor engineering 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 andrew tart motor engineering ltd.
andrew tart motor engineering 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 ANDREW TART MOTOR ENGINEERING LTD. This can take several minutes, an email will notify you when this has completed.
andrew tart motor engineering ltdCompanies House Filings - See Documents
