Pomanda estimates the enterprise value of COSMIC CAR SALES LTD at £476.7k based on a Turnover of £1.5m and 0.31x industry multiple (adjusted for size and gross margin).
cosmic car sales ltdEstimated Valuation
£484.3k
Pomanda estimates the enterprise value of COSMIC CAR SALES LTD at £484.3k based on an EBITDA of £116.6k and a 4.15x industry multiple (adjusted for size and gross margin).
cosmic car sales ltdEstimated Valuation
£892.1k
Pomanda estimates the enterprise value of COSMIC CAR SALES LTD at £892.1k based on Net Assets of £320.8k and 2.78x industry multiple (adjusted for liquidity).
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Cosmic Car Sales LtdOverview
Cosmic Car Sales Ltd is a live company located in london, N13 4XS with a Companies House number of 07986833. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in March 2012, it's largest shareholder is
mark sofocleous
with a 100% stake. Cosmic Car Sales Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Cosmic Car Sales Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£2.1m)
£1.5m - Cosmic Car Sales Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 76%, show it is growing at a faster rate (13%)
76% - Cosmic Car Sales Ltd
13% - Industry AVG
Production
with a gross margin of 11.4%, this company has a comparable cost of product (11.4%)
11.4% - Cosmic Car Sales Ltd
11.4% - Industry AVG
Profitability
an operating margin of 7.4% make it more profitable than the average company (2.8%)
7.4% - Cosmic Car Sales Ltd
2.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Cosmic Car Sales Ltd
6 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
£33k - Cosmic Car Sales Ltd
£33k - Industry AVG
Efficiency
resulting in sales per employee of £516.1k, this is equally as efficient (£461.3k)
£516.1k - Cosmic Car Sales Ltd
£461.3k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is later than average (8 days)
12 days - Cosmic Car Sales Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (12 days)
2 days - Cosmic Car Sales Ltd
12 days - Industry AVG
Stock Days
it holds stock equivalent to 106 days, this is more than average (63 days)
106 days - Cosmic Car Sales Ltd
63 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (9 weeks)
1 weeks - Cosmic Car Sales Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.8%, this is a lower level of debt than the average (67.3%)
42.8% - Cosmic Car Sales Ltd
67.3% - Industry AVG
COSMIC CAR SALES LTD financials
EXPORT
Cosmic Car Sales Ltd's latest turnover from March 2024 is estimated at £1.5 million and the company has net assets of £320.8 thousand. According to their latest financial statements, Cosmic Car Sales Ltd has 3 employees and maintains cash reserves of £7.2 thousand 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
1,548,269
1,146,249
1,057,307
282,669
2,685,371
2,602,121
3,704,440
2,393,880
1,713,351
2,437,690
2,151,634
66,538
Other Income Or Grants
Cost Of Sales
1,372,089
1,012,580
935,450
252,367
2,372,537
2,303,797
3,283,357
2,121,768
1,499,411
2,128,163
1,890,926
58,768
Gross Profit
176,180
133,669
121,857
30,302
312,834
298,324
421,083
272,112
213,940
309,528
260,708
7,770
Admin Expenses
61,655
33,345
-6,463
1,193
316,724
286,873
394,435
269,379
216,550
305,369
257,924
6,822
Operating Profit
114,525
100,324
128,320
29,109
-3,890
11,451
26,648
2,733
-2,610
4,159
2,784
948
Interest Payable
4,253
4,434
3,234
1,525
Interest Receivable
679
2,304
775
58
8
8
Pre-Tax Profit
110,951
98,194
125,860
27,642
-3,890
11,451
26,648
2,733
-2,610
4,159
2,792
957
Tax
-27,738
-18,657
-23,913
-5,252
-2,176
-5,063
-546
-873
-642
-230
Profit After Tax
83,213
79,537
101,947
22,390
-3,890
9,275
21,585
2,186
-2,610
3,286
2,150
727
Dividends Paid
Retained Profit
83,213
79,537
101,947
22,390
-3,890
9,275
21,585
2,186
-2,610
3,286
2,150
727
Employee Costs
98,930
64,394
31,187
28,449
28,982
57,782
56,554
27,881
26,756
158,012
150,382
25,067
Number Of Employees
3
2
1
1
1
2
2
1
1
6
6
1
EBITDA*
116,632
103,082
128,388
29,109
-3,890
11,451
26,648
2,733
-2,610
4,159
2,784
948
* 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
6,321
8,208
6,877
271
250
500
750
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
6,321
8,208
6,877
271
250
500
750
Stock & work in progress
401,404
438,545
335,875
92,069
4,750
Trade Debtors
54,850
10,200
148,310
127,341
161,612
98,621
68,673
72,325
58,798
Group Debtors
90,444
Misc Debtors
856
426
54,499
Cash
7,223
18,627
89,773
116,878
3,337
misc current assets
total current assets
554,777
467,798
425,648
263,446
148,310
127,341
161,612
98,621
68,673
72,325
58,798
8,087
total assets
561,098
476,006
432,525
263,717
148,560
127,841
162,362
98,621
68,673
72,325
58,798
8,087
Bank overdraft
5,091
Bank loan
5,401
4,521
Trade Creditors
7,770
22,843
31,040
1,108
113,687
90,942
134,738
92,882
65,120
66,162
55,921
6,360
Group/Directors Accounts
137,694
126,821
other short term finances
hp & lease commitments
other current liabilities
59,928
46,345
196,310
156,510
total current liabilities
210,793
200,530
232,441
157,618
113,687
90,942
134,738
92,882
65,120
66,162
55,921
6,360
loans
29,509
36,170
40,731
50,000
hp & lease commitments
Accruals and Deferred Income
2,164
300
300
other liabilities
provisions
1,723
1,307
total long term liabilities
29,509
37,893
42,038
50,000
2,164
300
300
total liabilities
240,302
238,423
274,479
207,618
115,851
91,242
135,038
92,882
65,120
66,162
55,921
6,360
net assets
320,796
237,583
158,046
56,099
32,709
36,599
27,324
5,739
3,553
6,163
2,877
1,727
total shareholders funds
320,796
237,583
158,046
56,099
32,709
36,599
27,324
5,739
3,553
6,163
2,877
1,727
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
114,525
100,324
128,320
29,109
-3,890
11,451
26,648
2,733
-2,610
4,159
2,784
948
Depreciation
2,107
2,758
68
Amortisation
Tax
-27,738
-18,657
-23,913
-5,252
-2,176
-5,063
-546
-873
-642
-230
Stock
-37,141
102,670
243,806
92,069
-4,750
4,750
Debtors
135,524
10,626
-54,499
-93,811
20,969
-34,271
62,991
29,948
-3,652
13,527
58,798
Creditors
-15,073
-8,197
29,932
-112,579
22,745
-43,796
41,856
27,762
-1,042
10,241
49,561
6,360
Accruals and Deferred Income
13,583
-149,965
39,800
154,346
1,864
300
Deferred Taxes & Provisions
-1,723
416
1,307
Cash flow from operations
-12,702
-186,617
-13,793
67,366
-250
-250
750
1
-2,345
2,328
Investing Activities
capital expenditure
-220
-4,089
-6,674
-21
250
250
-750
Change in Investments
cash flow from investments
-220
-4,089
-6,674
-21
250
250
-750
Financing Activities
Bank loans
880
4,521
Group/Directors Accounts
10,873
126,821
Other Short Term Loans
Long term loans
-6,661
-4,561
-9,269
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1,000
-1,000
1,000
interest
-3,574
-2,130
-2,459
-1,467
8
8
cash flow from financing
1,518
124,651
-11,728
49,533
-992
1,008
cash and cash equivalents
cash
-11,404
-71,146
-27,105
116,878
-3,337
3,337
overdraft
-5,091
5,091
change in cash
-11,404
-66,055
-32,196
116,878
-3,337
3,337
cosmic car sales 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 cosmic car sales ltd. Get real-time insights into cosmic car sales ltd's credit score, group structure and payment trends.
Perform a competitor analysis for cosmic car sales ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in N13 area or any other competitors across 12 key performance metrics.
cosmic car sales ltd Ownership
COSMIC CAR SALES LTD group structure
Cosmic Car Sales Ltd has no subsidiary companies.
Ultimate parent company
COSMIC CAR SALES LTD
07986833
COSMIC CAR SALES LTD Shareholders
The sole shareholder of Cosmic Car Sales Ltd is Mark Sofocleous.
mark sofocleous
100%
cosmic car sales ltd directors
Cosmic Car Sales Ltd currently has 1 director, Mr Mark Sofocleous serving since Mar 2012.
45112 - Sale of used cars and light motor vehicles
incorporation date
March 2012
age
13
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
b & m cars limited (November 2016)
accountant
-
auditor
-
address
283 green lanes, london, N13 4XS
Bank
-
Legal Advisor
-
cosmic car sales 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 cosmic car sales ltd.
cosmic car sales 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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cosmic car sales ltdCompanies House Filings - See Documents
