atlas autos limited

atlas autos limited Company Information

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EstablishedSmallDeclining

Company Number

07992901

Industry

Sale of used cars and light motor vehicles

 

Shareholders

curtis benmore

Group Structure

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Contact

Registered Address

c/o vantage accounting, 1 cedar office park, wimborne, BH21 7SB

atlas autos limited Estimated Valuation

£917.8k

Pomanda estimates the enterprise value of ATLAS AUTOS LIMITED at £917.8k based on a Turnover of £2.9m and 0.31x industry multiple (adjusted for size and gross margin).

atlas autos limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of ATLAS AUTOS LIMITED at £2.7m based on an EBITDA of £647.1k and a 4.1x industry multiple (adjusted for size and gross margin).

atlas autos limited Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of ATLAS AUTOS LIMITED at £2.2m based on Net Assets of £753.3k and 2.87x industry multiple (adjusted for liquidity).

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Atlas Autos Limited Overview

Atlas Autos Limited is a live company located in wimborne, BH21 7SB with a Companies House number of 07992901. 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 curtis benmore with a 100% stake. Atlas Autos Limited is a established, small sized company, Pomanda has estimated its turnover at £2.9m with declining growth in recent years.

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Atlas Autos Limited Health Check

Pomanda's financial health check has awarded Atlas Autos Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £2.9m, make it larger than the average company (£1.4m)

£2.9m - Atlas Autos Limited

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (12.9%)

-5% - Atlas Autos Limited

12.9% - Industry AVG

production

Production

with a gross margin of 11.2%, this company has a comparable cost of product (11.2%)

11.2% - Atlas Autos Limited

11.2% - Industry AVG

profitability

Profitability

an operating margin of 21.4% make it more profitable than the average company (2.8%)

21.4% - Atlas Autos Limited

2.8% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (6)

4 - Atlas Autos Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.7k, the company has an equivalent pay structure (£32.7k)

£32.7k - Atlas Autos Limited

£32.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £733.7k, this is more efficient (£369.1k)

£733.7k - Atlas Autos Limited

£369.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Atlas Autos Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Atlas Autos Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 109 days, this is more than average (66 days)

109 days - Atlas Autos Limited

66 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (9 weeks)

40 weeks - Atlas Autos Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 21.9%, this is a lower level of debt than the average (68.3%)

21.9% - Atlas Autos Limited

68.3% - Industry AVG

ATLAS AUTOS LIMITED financials

EXPORTms excel logo

Atlas Autos Limited's latest turnover from January 2024 is estimated at £2.9 million and the company has net assets of £753.3 thousand. According to their latest financial statements, Atlas Autos Limited has 4 employees and maintains cash reserves of £155.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Mar 2014Mar 2013
Turnover2,934,8222,596,5693,222,6333,377,4055,077,4335,924,0536,911,4005,243,0474,377,8425,000,60000
Other Income Or Grants000000000000
Cost Of Sales2,607,4682,290,1022,858,9013,000,4324,488,9325,239,6826,121,4704,629,2783,787,6824,366,37700
Gross Profit327,354306,467363,732376,972588,501684,371789,930613,770590,160634,22300
Admin Expenses-301,784244,592316,440244,790530,648568,412663,850676,348643,634676,53700
Operating Profit629,13861,87547,292132,18257,853115,959126,080-62,578-53,474-42,31400
Interest Payable3,2441,6310000000000
Interest Receivable5,6061,06841467531113100
Pre-Tax Profit631,50061,31247,296132,18357,857116,026126,133-62,567-53,461-42,31300
Tax-157,875-11,649-8,986-25,115-10,993-22,045-23,96500000
Profit After Tax473,62549,66338,310107,06846,86493,981102,168-62,567-53,461-42,31300
Dividends Paid000000000000
Retained Profit473,62549,66338,310107,06846,86493,981102,168-62,567-53,461-42,31300
Employee Costs130,876127,81591,516113,683115,715374,652420,887334,086266,493317,83900
Number Of Employees44344131512101200
EBITDA*647,13461,87560,549140,98763,868125,800145,443-43,995-39,471-29,83100

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Mar 2014Mar 2013
Tangible Assets21,45738,45346,11519,75725,4918,28313,84931,11244,89544,15600
Intangible Assets01,0002,0003,0004,0005,0006,0007,0008,0009,00000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets21,45739,45348,11522,75729,49113,28319,84938,11252,89553,15600
Stock & work in progress783,879557,078597,557637,151569,233537,384479,592456,820463,677412,72700
Trade Debtors0110,4183,07510,5860003,3252,360000
Group Debtors000000000000
Misc Debtors3,98800000000000
Cash155,22458,3282,71055055050017,3593,8475,10224200
misc current assets000000000000
total current assets943,091725,824603,342648,287569,783537,884496,951463,992471,139412,96900
total assets964,548765,277651,457671,044599,274551,167516,800502,104524,034466,12500
Bank overdraft11,00011,0000000000000
Bank loan000000000000
Trade Creditors 093,101388,073429,303514,601513,358572,972658,540613,548508,43700
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities187,876186,7010000000000
total current liabilities198,876290,802388,073429,303514,601513,358572,972658,540613,548508,43700
loans12,33323,3330000000000
hp & lease commitments0171,4280000000000
Accruals and Deferred Income000000000000
other liabilities0033,33350,0000001,9046,259000
provisions000000000000
total long term liabilities12,333194,76133,33350,0000001,9046,259000
total liabilities211,209485,563421,406479,303514,601513,358572,972660,444619,807508,43700
net assets753,339279,714230,051191,74184,67337,809-56,172-158,340-95,773-42,31200
total shareholders funds753,339279,714230,051191,74184,67337,809-56,172-158,340-95,773-42,31200
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Mar 2014Mar 2013
Operating Activities
Operating Profit629,13861,87547,292132,18257,853115,959126,080-62,578-53,474-42,31400
Depreciation16,996012,2577,8055,0159,84118,36317,58313,00311,48300
Amortisation1,00001,0001,0001,00001,0001,0001,0001,00000
Tax-157,875-11,649-8,986-25,115-10,993-22,045-23,96500000
Stock226,801-40,479-39,59467,91831,84957,79222,772-6,85750,950412,72700
Debtors-106,430107,343-7,51110,58600-3,3259652,360000
Creditors-93,101-294,972-41,230-85,2981,243-59,614-85,56844,992105,111508,43700
Accruals and Deferred Income1,175186,7010000000000
Deferred Taxes & Provisions000000000000
Cash flow from operations276,962-124,90957,438-47,93022,269-13,65116,4636,88912,33065,87900
Investing Activities
capital expenditure08,662-38,615-2,071-22,223-3,275-1,100-3,800-13,742-65,63900
Change in Investments000000000000
cash flow from investments08,662-38,615-2,071-22,223-3,275-1,100-3,800-13,742-65,63900
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans-11,00023,3330000000000
Hire Purchase and Lease Commitments-171,428171,4280000000000
other long term liabilities0-33,333-16,66750,00000-1,904-4,3556,259000
share issue000000000100
interest2,362-56341467531113100
cash flow from financing-180,066160,865-16,66350,001467-1,851-4,3446,272200
cash and cash equivalents
cash96,89655,6182,160050-16,85913,512-1,2554,86024200
overdraft011,0000000000000
change in cash96,89644,6182,160050-16,85913,512-1,2554,86024200

atlas autos limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Atlas Autos Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for atlas autos 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 BH21 area or any other competitors across 12 key performance metrics.

atlas autos limited Ownership

ATLAS AUTOS LIMITED group structure

Atlas Autos Limited has no subsidiary companies.

Ultimate parent company

ATLAS AUTOS LIMITED

07992901

ATLAS AUTOS LIMITED Shareholders

curtis benmore 100%

atlas autos limited directors

Atlas Autos Limited currently has 1 director, Mr Curtis Benmore serving since May 2022.

officercountryagestartendrole
Mr Curtis BenmoreUnited Kingdom30 years May 2022- Director

P&L

January 2024

turnover

2.9m

+13%

operating profit

629.1k

0%

gross margin

11.2%

-5.5%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

753.3k

+1.69%

total assets

964.5k

+0.26%

cash

155.2k

+1.66%

net assets

Total assets minus all liabilities

atlas autos limited company details

company number

07992901

Type

Private limited with Share Capital

industry

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

January 2024

previous names

N/A

accountant

-

auditor

-

address

c/o vantage accounting, 1 cedar office park, wimborne, BH21 7SB

Bank

-

Legal Advisor

-

atlas autos 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 atlas autos limited.

atlas autos 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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atlas autos limited Companies House Filings - See Documents

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