Pomanda estimates the enterprise value of SPEEDY CARS (UK) LTD at £298k based on a Turnover of £346.8k and 0.86x industry multiple (adjusted for size and gross margin).
speedy cars (uk) ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SPEEDY CARS (UK) LTD at £0 based on an EBITDA of £-30k and a 7.39x industry multiple (adjusted for size and gross margin).
speedy cars (uk) ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SPEEDY CARS (UK) LTD at £0 based on Net Assets of £-102.3k and 2.13x industry multiple (adjusted for liquidity).
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Speedy Cars (uk) LtdOverview
Speedy Cars (uk) Ltd is a live company located in orpington, BR5 2PQ with a Companies House number of 07971998. It operates in the taxi operation sector, SIC Code 49320. Founded in March 2012, it's largest shareholder is
barry jennings
with a 50% stake. Speedy Cars (uk) Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£346.8k with
high
growth in recent years.
Pomanda's financial health check has awarded Speedy Cars (Uk) Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
3 Regular
4 Weak
Size
annual sales of £346.8k, make it larger than the average company (£280.4k)
£346.8k - Speedy Cars (uk) Ltd
£280.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a similar rate (19.2%)
21% - Speedy Cars (uk) Ltd
19.2% - Industry AVG
Production
with a gross margin of 31.5%, this company has a higher cost of product (55.2%)
31.5% - Speedy Cars (uk) Ltd
55.2% - Industry AVG
Profitability
an operating margin of -8.6% make it less profitable than the average company (11%)
-8.6% - Speedy Cars (uk) Ltd
11% - Industry AVG
Employees
with 6 employees, this is above the industry average (4)
6 - Speedy Cars (uk) Ltd
4 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)
£29.9k - Speedy Cars (uk) Ltd
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £57.8k, this is less efficient (£78.8k)
£57.8k - Speedy Cars (uk) Ltd
£78.8k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is near the average (32 days)
37 days - Speedy Cars (uk) Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 178 days, this is slower than average (7 days)
178 days - Speedy Cars (uk) Ltd
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Speedy Cars (uk) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Speedy Cars (uk) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 350.8%, this is a higher level of debt than the average (54.6%)
350.8% - Speedy Cars (uk) Ltd
54.6% - Industry AVG
SPEEDY CARS (UK) LTD financials
EXPORT
Speedy Cars (Uk) Ltd's latest turnover from March 2024 is estimated at £346.8 thousand and the company has net assets of -£102.3 thousand. According to their latest financial statements, Speedy Cars (Uk) Ltd has 6 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
346,802
246,486
187,091
195,930
107,708
106,441
130,137
178,703
203,138
281,089
182,281
105,278
Other Income Or Grants
Cost Of Sales
237,517
166,054
125,803
140,639
72,024
79,093
84,155
114,106
140,924
200,548
127,395
75,569
Gross Profit
109,286
80,431
61,287
55,290
35,685
27,348
45,982
64,597
62,214
80,541
54,885
29,709
Admin Expenses
139,247
102,535
60,165
68,529
38,428
31,087
39,682
50,435
55,601
67,784
82,807
65,085
Operating Profit
-29,961
-22,104
1,122
-13,239
-2,743
-3,739
6,300
14,162
6,613
12,757
-27,922
-35,376
Interest Payable
Interest Receivable
3
39
39
11
4
Pre-Tax Profit
-29,961
-22,104
1,122
-13,239
-2,743
-3,739
6,300
14,165
6,653
12,796
-27,912
-35,372
Tax
-213
-1,197
-2,833
-1,330
-2,687
Profit After Tax
-29,961
-22,104
909
-13,239
-2,743
-3,739
5,103
11,332
5,322
10,109
-27,912
-35,372
Dividends Paid
Retained Profit
-29,961
-22,104
909
-13,239
-2,743
-3,739
5,103
11,332
5,322
10,109
-27,912
-35,372
Employee Costs
179,569
108,762
80,849
117,389
120,073
18,408
36,632
38,586
37,375
48,789
50,415
22,747
Number Of Employees
6
4
3
5
6
1
2
2
2
2
2
1
EBITDA*
-29,961
-22,104
1,122
-13,239
-2,743
-3,739
6,300
14,162
13,983
20,183
-19,753
-29,418
* 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
4,550
5,460
9,570
16,870
23,376
35,915
29,819
36,958
5,010
6,680
8,906
11,875
Intangible Assets
38,900
39,600
44,800
18,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,550
5,460
9,570
16,870
23,376
35,915
29,819
36,958
43,910
46,280
53,706
29,875
Stock & work in progress
Trade Debtors
35,970
38,063
38,442
42,475
7,409
8,396
11,931
21,179
15,825
27,894
12,384
6,902
Group Debtors
Misc Debtors
261
3,301
4,061
Cash
2,786
12,940
2,753
1,447
misc current assets
4,250
4,250
total current assets
36,231
41,364
42,503
42,475
7,409
8,396
16,181
25,429
18,611
40,834
15,137
8,349
total assets
40,781
46,824
52,073
59,345
30,785
44,311
46,000
62,387
62,521
87,114
68,843
38,224
Bank overdraft
Bank loan
Trade Creditors
116,067
91,665
75,282
75,417
67,485
78,268
76,218
97,708
110,372
138,621
132,125
73,594
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
116,067
91,665
75,282
75,417
67,485
78,268
76,218
97,708
110,372
138,621
132,125
73,594
loans
hp & lease commitments
Accruals and Deferred Income
1,350
1,350
1,350
2,400
1,200
1,200
1,200
1,200
other liabilities
25,659
26,143
25,671
32,667
1,666
provisions
total long term liabilities
27,009
27,493
27,021
35,067
1,200
1,200
1,200
1,200
1,666
total liabilities
143,076
119,158
102,303
110,484
68,685
79,468
77,418
98,908
110,372
140,287
132,125
73,594
net assets
-102,295
-72,334
-50,230
-51,139
-37,900
-35,157
-31,418
-36,521
-47,851
-53,173
-63,282
-35,370
total shareholders funds
-102,295
-72,334
-50,230
-51,139
-37,900
-35,157
-31,418
-36,521
-47,851
-53,173
-63,282
-35,370
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
-29,961
-22,104
1,122
-13,239
-2,743
-3,739
6,300
14,162
6,613
12,757
-27,922
-35,376
Depreciation
1,670
2,226
2,969
3,958
Amortisation
5,700
5,200
5,200
2,000
Tax
-213
-1,197
-2,833
-1,330
-2,687
Stock
Debtors
-5,133
-1,139
28
35,066
-987
-3,535
-9,248
5,354
-12,069
15,510
5,482
6,902
Creditors
24,402
16,383
-135
7,932
-10,783
2,050
-21,490
-12,664
-28,249
6,496
58,531
73,594
Accruals and Deferred Income
-1,050
1,200
1,200
Deferred Taxes & Provisions
Cash flow from operations
-426
-4,582
-304
-39,173
-12,539
1,846
-7,139
-5,489
-3,527
8,482
33,296
37,274
Investing Activities
capital expenditure
910
4,110
7,300
6,506
12,539
-6,096
7,139
6,952
-5,000
-32,000
-35,833
Change in Investments
cash flow from investments
910
4,110
7,300
6,506
12,539
-6,096
7,139
6,952
-5,000
-32,000
-35,833
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-484
472
-6,996
32,667
-1,666
1,666
share issue
-2
2
interest
3
39
39
11
4
cash flow from financing
-484
472
-6,996
32,667
1
-1,627
1,705
11
6
cash and cash equivalents
cash
-2,786
-10,154
10,187
1,306
1,447
overdraft
change in cash
-2,786
-10,154
10,187
1,306
1,447
speedy cars (uk) 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 speedy cars (uk) ltd. Get real-time insights into speedy cars (uk) ltd's credit score, group structure and payment trends.
Perform a competitor analysis for speedy cars (uk) ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in BR5 area or any other competitors across 12 key performance metrics.
speedy cars (uk) ltd Ownership
SPEEDY CARS (UK) LTD group structure
Speedy Cars (Uk) Ltd has no subsidiary companies.
Ultimate parent company
SPEEDY CARS (UK) LTD
07971998
SPEEDY CARS (UK) LTD Shareholders
The largest shareholders in Speedy Cars (Uk) Ltd include Barry Jennings and Tasveer Shah.
barry jennings
50%
tasveer shah
50%
speedy cars (uk) ltd directors
Speedy Cars (Uk) Ltd currently has 2 directors.
The longest serving directors include
Mr Tasveer Shah (Mar 2012) and
Mr Barry Jennings (Oct 2012).
68 sayes court road, st mary cray, orpington, kent, BR5 2PQ
Bank
-
Legal Advisor
-
speedy cars (uk) 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 speedy cars (uk) ltd.
speedy cars (uk) 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 SPEEDY CARS (UK) LTD. This can take several minutes, an email will notify you when this has completed.
speedy cars (uk) ltdCompanies House Filings - See Documents
