Pomanda estimates the enterprise value of QUALITY CARS DIRECT LIMITED at £356.4k based on a Turnover of £1.7m and 0.21x industry multiple (adjusted for size and gross margin).
quality cars direct limitedEstimated Valuation
£212.4k
Pomanda estimates the enterprise value of QUALITY CARS DIRECT LIMITED at £212.4k based on an EBITDA of £64.1k and a 3.31x industry multiple (adjusted for size and gross margin).
quality cars direct limitedEstimated Valuation
£694.8k
Pomanda estimates the enterprise value of QUALITY CARS DIRECT LIMITED at £694.8k based on Net Assets of £254.8k and 2.73x industry multiple (adjusted for liquidity).
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Quality Cars Direct LimitedOverview
Quality Cars Direct Limited is a live company located in swansea, SA2 7SQ with a Companies House number of 07836934. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in November 2011, it's largest shareholder is
joe luke devall
with a 100% stake. Quality Cars Direct Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.7m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Quality Cars Direct Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
3 Weak
Size
annual sales of £1.7m, make it in line with the average company (£2m)
£1.7m - Quality Cars Direct Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (13.2%)
11% - Quality Cars Direct Limited
13.2% - Industry AVG
Production
with a gross margin of 6.8%, this company has a higher cost of product (11.2%)
6.8% - Quality Cars Direct Limited
11.2% - Industry AVG
Profitability
an operating margin of 3.8% make it more profitable than the average company (2.8%)
3.8% - Quality Cars Direct Limited
2.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Quality Cars Direct Limited
6 - Industry AVG
Pay Structure
on an average salary of £32.8k, the company has an equivalent pay structure (£32.8k)
£32.8k - Quality Cars Direct Limited
£32.8k - Industry AVG
Efficiency
resulting in sales per employee of £837.8k, this is more efficient (£434k)
£837.8k - Quality Cars Direct Limited
£434k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is later than average (9 days)
73 days - Quality Cars Direct Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is slower than average (12 days)
18 days - Quality Cars Direct Limited
12 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Quality Cars Direct Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Quality Cars Direct Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24%, this is a lower level of debt than the average (67.8%)
24% - Quality Cars Direct Limited
67.8% - Industry AVG
QUALITY CARS DIRECT LIMITED financials
EXPORT
Quality Cars Direct Limited's latest turnover from March 2024 is estimated at £1.7 million and the company has net assets of £254.8 thousand. According to their latest financial statements, we estimate that Quality Cars Direct Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Turnover
1,675,622
1,763,558
1,550,367
1,237,790
1,299,001
1,572,543
1,195,157
574,343
604,721
744,672
602,195
311,950
Other Income Or Grants
Cost Of Sales
1,561,167
1,632,762
1,436,841
1,156,176
1,208,431
1,457,976
1,108,180
531,086
554,707
682,340
558,670
287,282
Gross Profit
114,454
130,796
113,526
81,614
90,570
114,567
86,976
43,257
50,014
62,332
43,525
24,668
Admin Expenses
50,386
84,032
74,346
82,417
60,707
114,504
68,888
-9,806
5,380
12,776
1,238
24,402
Operating Profit
64,068
46,764
39,180
-803
29,863
63
18,088
53,063
44,634
49,556
42,287
266
Interest Payable
Interest Receivable
207
134
112
Pre-Tax Profit
64,068
46,764
39,180
-803
29,863
63
18,088
53,642
44,933
49,763
42,421
378
Tax
-16,017
-8,885
-7,444
-5,674
-12
-3,437
-11,044
-8,783
-10,450
-9,757
-91
Profit After Tax
48,051
37,879
31,736
-803
24,189
51
14,651
42,598
36,150
39,313
32,664
287
Dividends Paid
Retained Profit
48,051
37,879
31,736
-803
24,189
51
14,651
42,598
36,150
39,313
32,664
287
Employee Costs
65,678
64,275
31,000
28,421
28,951
86,458
28,168
8,060
8,060
52,394
24,968
24,981
Number Of Employees
2
2
1
1
1
3
1
1
1
2
1
1
EBITDA*
64,068
46,764
39,180
-803
29,863
63
18,088
53,063
50,634
52,556
45,287
1,266
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Tangible Assets
143
275
470
727
312
437
562
Intangible Assets
3,000
6,000
9,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
143
275
470
727
312
437
562
3,000
6,000
9,000
Stock & work in progress
68,762
67,525
81,112
38,706
Trade Debtors
335,170
310,987
355,208
323,678
311,264
244,624
240,958
236,042
1,077
61,090
35,829
1,114
Group Debtors
Misc Debtors
837
837
883
1,068
Cash
147,628
73,862
8,947
44,753
misc current assets
923
778
715
total current assets
335,170
311,824
356,045
324,561
312,332
245,547
241,736
236,757
217,467
202,477
125,888
84,573
total assets
335,313
312,099
356,515
325,288
312,644
245,984
242,298
236,757
217,467
205,477
131,888
93,573
Bank overdraft
Bank loan
Trade Creditors
80,545
105,382
187,677
188,186
174,739
132,268
128,633
137,743
134,051
133,211
98,935
93,284
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
80,545
105,382
187,677
188,186
174,739
132,268
128,633
137,743
134,051
133,211
98,935
93,284
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
80,545
105,382
187,677
188,186
174,739
132,268
128,633
137,743
134,051
133,211
98,935
93,284
net assets
254,768
206,717
168,838
137,102
137,905
113,716
113,665
99,014
83,416
72,266
32,953
289
total shareholders funds
254,768
206,717
168,838
137,102
137,905
113,716
113,665
99,014
83,416
72,266
32,953
289
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Operating Activities
Operating Profit
64,068
46,764
39,180
-803
29,863
63
18,088
53,063
44,634
49,556
42,287
266
Depreciation
3,000
Amortisation
3,000
3,000
3,000
1,000
Tax
-16,017
-8,885
-7,444
-5,674
-12
-3,437
-11,044
-8,783
-10,450
-9,757
-91
Stock
-68,762
1,237
-13,587
42,406
38,706
Debtors
23,346
-44,221
31,484
12,229
67,708
3,666
4,916
234,965
-60,013
25,261
34,715
1,114
Creditors
-24,837
-82,295
-509
13,447
42,471
3,635
-9,110
3,692
840
34,276
5,651
93,284
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-132
-195
-257
415
-1,048
20
625
-120,492
101,467
64,708
-35,940
54,639
Investing Activities
capital expenditure
132
195
257
-415
125
125
-562
-3,000
-10,000
Change in Investments
cash flow from investments
132
195
257
-415
125
125
-562
-3,000
-10,000
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
-27,000
-25,000
2
interest
207
134
112
cash flow from financing
-27,000
-25,000
207
134
114
cash and cash equivalents
cash
-147,628
73,766
64,915
-35,806
44,753
overdraft
change in cash
-147,628
73,766
64,915
-35,806
44,753
quality cars direct limited 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 quality cars direct limited. Get real-time insights into quality cars direct limited's credit score, group structure and payment trends.
Perform a competitor analysis for quality cars direct limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SA2 area or any other competitors across 12 key performance metrics.
quality cars direct limited Ownership
QUALITY CARS DIRECT LIMITED group structure
Quality Cars Direct Limited has no subsidiary companies.
Ultimate parent company
QUALITY CARS DIRECT LIMITED
07836934
QUALITY CARS DIRECT LIMITED Shareholders
The sole shareholder of Quality Cars Direct Limited is Joe Luke Devall.
joe luke devall
100%
quality cars direct limited directors
Quality Cars Direct Limited currently has 1 director, Mr Joe Devall serving since Nov 2011.
45112 - Sale of used cars and light motor vehicles
incorporation date
November 2011
age
14
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
40 goetre fach road, killay, swansea, SA2 7SQ
Bank
-
Legal Advisor
-
quality cars direct 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 did not find charges/mortgages relating to quality cars direct limited.
quality cars direct limited 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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quality cars direct limitedCompanies House Filings - See Documents
