stoney racing ltd
stoney racing ltd Company Information
Company Number
07894607
Website
www.stoneyracing.co.ukRegistered Address
14 woodside drive, shrewsbury, SY3 9BW
Industry
Wholesale trade of motor vehicle parts and accessories
Retail trade of motor vehicle parts and accessories
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
David MacLeod12 Years
Shareholders
david macleod 100%
stoney racing ltd Estimated Valuation
Pomanda estimates the enterprise value of STONEY RACING LTD at £107.3k based on a Turnover of £393.4k and 0.27x industry multiple (adjusted for size and gross margin).
stoney racing ltd Estimated Valuation
Pomanda estimates the enterprise value of STONEY RACING LTD at £102.7k based on an EBITDA of £29.2k and a 3.52x industry multiple (adjusted for size and gross margin).
stoney racing ltd Estimated Valuation
Pomanda estimates the enterprise value of STONEY RACING LTD at £523.1k based on Net Assets of £195.7k and 2.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Stoney Racing Ltd Overview
Stoney Racing Ltd is a live company located in shrewsbury, SY3 9BW with a Companies House number of 07894607. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in January 2012, it's largest shareholder is david macleod with a 100% stake. Stoney Racing Ltd is a established, micro sized company, Pomanda has estimated its turnover at £393.4k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Stoney Racing Ltd Health Check
Pomanda's financial health check has awarded Stoney Racing Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £393.4k, make it smaller than the average company (£9.6m)
- Stoney Racing Ltd
£9.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (6.6%)
- Stoney Racing Ltd
6.6% - Industry AVG
Production
with a gross margin of 28.6%, this company has a comparable cost of product (28.6%)
- Stoney Racing Ltd
28.6% - Industry AVG
Profitability
an operating margin of 6.9% make it more profitable than the average company (4.6%)
- Stoney Racing Ltd
4.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (42)
3 - Stoney Racing Ltd
42 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
- Stoney Racing Ltd
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £131.1k, this is less efficient (£219.6k)
- Stoney Racing Ltd
£219.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Stoney Racing Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (45 days)
- Stoney Racing Ltd
45 days - Industry AVG
Stock Days
it holds stock equivalent to 195 days, this is more than average (83 days)
- Stoney Racing Ltd
83 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 89 weeks, this is more cash available to meet short term requirements (9 weeks)
89 weeks - Stoney Racing Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.9%, this is a lower level of debt than the average (58.3%)
26.9% - Stoney Racing Ltd
58.3% - Industry AVG
STONEY RACING LTD financials
Stoney Racing Ltd's latest turnover from March 2023 is estimated at £393.4 thousand and the company has net assets of £195.7 thousand. According to their latest financial statements, Stoney Racing Ltd has 3 employees and maintains cash reserves of £87.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 177,558 | 114,704 | |||||||||
| Other Income Or Grants | 0 | 0 | |||||||||
| Cost Of Sales | 79,268 | 49,396 | |||||||||
| Gross Profit | 98,290 | 65,308 | |||||||||
| Admin Expenses | 63,608 | 45,830 | |||||||||
| Operating Profit | 34,682 | 19,478 | |||||||||
| Interest Payable | 0 | 0 | |||||||||
| Interest Receivable | 13 | 7 | |||||||||
| Pre-Tax Profit | 34,695 | 19,485 | |||||||||
| Tax | -6,451 | -3,763 | |||||||||
| Profit After Tax | 28,244 | 15,722 | |||||||||
| Dividends Paid | 0 | 0 | |||||||||
| Retained Profit | 28,244 | 15,722 | |||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 2 | 2 | |||||
| EBITDA* | 36,336 | 21,173 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,249 | 3,246 | 3,330 | 2,532 | 3,163 | 2,421 | 2,741 | 3,661 | 2,880 | 2,560 | 1,378 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,249 | 3,246 | 3,330 | 2,532 | 3,163 | 2,421 | 2,741 | 3,661 | 2,880 | 2,560 | 1,378 |
| Stock & work in progress | 150,182 | 161,662 | 121,062 | 116,279 | 90,810 | 85,838 | 0 | 60,541 | 45,591 | 38,429 | 16,977 |
| Trade Debtors | 0 | 0 | 630 | 0 | 137 | 0 | 82,235 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 28,266 | 87,149 | 41,638 | 34,369 | 19,537 | 22,373 | 0 | 21,570 | 12,096 | 16,706 | 7,311 |
| Cash | 87,088 | 29,205 | 120,571 | 28,793 | 26,712 | 10,606 | 0 | 7,438 | 5,596 | 8,074 | 3,051 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 8,490 | 0 | 0 | 0 | 0 |
| total current assets | 265,536 | 278,016 | 283,901 | 179,441 | 137,196 | 118,817 | 90,725 | 89,549 | 63,283 | 63,209 | 27,339 |
| total assets | 267,785 | 281,262 | 287,231 | 181,973 | 140,359 | 121,238 | 93,466 | 93,210 | 66,163 | 65,769 | 28,717 |
| Bank overdraft | 10,000 | 10,000 | 9,167 | 47 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,300 | 23,950 | 1,088 | 4,905 | 6,080 | 9,809 | 73,648 | 69,489 | 44,969 | 10,784 | 385 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 26,108 | 40,730 | 98,910 | 106,608 | 108,724 | 93,189 | 0 | 0 | 0 | 39,676 | 25,620 |
| total current liabilities | 50,408 | 74,680 | 109,165 | 111,560 | 114,804 | 102,998 | 73,648 | 69,489 | 44,969 | 50,460 | 26,005 |
| loans | 21,667 | 31,667 | 40,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 1,050 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 21,667 | 31,667 | 40,833 | 0 | 0 | 0 | 1,050 | 0 | 0 | 0 | 0 |
| total liabilities | 72,075 | 106,347 | 149,998 | 111,560 | 114,804 | 102,998 | 74,698 | 69,489 | 44,969 | 50,460 | 26,005 |
| net assets | 195,710 | 174,915 | 137,233 | 70,413 | 25,555 | 18,240 | 18,768 | 23,721 | 21,194 | 15,309 | 2,712 |
| total shareholders funds | 195,710 | 174,915 | 137,233 | 70,413 | 25,555 | 18,240 | 18,768 | 23,721 | 21,194 | 15,309 | 2,712 |
| 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 | 34,682 | 19,478 | |||||||||
| Depreciation | 2,196 | 2,256 | 1,985 | 1,617 | 1,654 | 1,695 | 1,630 | 1,391 | 977 | 550 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -6,451 | -3,763 | |||||||||
| Stock | -11,480 | 40,600 | 4,783 | 25,469 | 4,972 | 85,838 | -60,541 | 14,950 | 7,162 | 21,452 | 16,977 |
| Debtors | -58,883 | 44,881 | 7,899 | 14,695 | -2,699 | -59,862 | 60,665 | 9,474 | -4,610 | 9,395 | 7,311 |
| Creditors | -9,650 | 22,862 | -3,817 | -1,175 | -3,729 | -63,839 | 4,159 | 24,520 | 34,185 | 10,399 | 385 |
| Accruals and Deferred Income | -14,622 | -58,180 | -7,698 | -2,116 | 15,535 | 92,139 | 1,050 | 0 | -39,676 | 14,056 | 25,620 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 39,418 | 19,734 | |||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | -9,166 | 40,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 13 | 7 | |||||||||
| cash flow from financing | -20,916 | -16,243 | |||||||||
| cash and cash equivalents | |||||||||||
| cash | 57,883 | -91,366 | 91,778 | 2,081 | 16,106 | 10,606 | -7,438 | 1,842 | -2,478 | 5,023 | 3,051 |
| overdraft | 0 | 833 | 9,120 | 47 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 57,883 | -92,199 | 82,658 | 2,034 | 16,106 | 10,606 | -7,438 | 1,842 | -2,478 | 5,023 | 3,051 |
stoney racing ltd Credit Report and Business Information
Stoney Racing Ltd Competitor Analysis
Perform a competitor analysis for stoney racing 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 SY3 area or any other competitors across 12 key performance metrics.
stoney racing ltd Ownership
STONEY RACING LTD group structure
Stoney Racing Ltd has no subsidiary companies.
Ultimate parent company
STONEY RACING LTD
07894607
stoney racing ltd directors
Stoney Racing Ltd currently has 1 director, Mr David MacLeod serving since Jan 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David MacLeod | England | 38 years | Jan 2012 | - | Director |
P&L
March 2023turnover
393.4k
+1%
operating profit
27k
0%
gross margin
28.6%
-4.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
195.7k
+0.12%
total assets
267.8k
-0.05%
cash
87.1k
+1.98%
net assets
Total assets minus all liabilities
Similar Companies
stoney racing ltd company details
company number
07894607
Type
Private limited with Share Capital
industry
45310 - Wholesale trade of motor vehicle parts and accessories
45320 - Retail trade of motor vehicle parts and accessories
incorporation date
January 2012
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
14 woodside drive, shrewsbury, SY3 9BW
Bank
-
Legal Advisor
-
stoney racing 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 stoney racing ltd.
stoney racing ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
