Pomanda estimates the enterprise value of AZ RADIO CARS LTD at £203.1k based on a Turnover of £237k and 0.86x industry multiple (adjusted for size and gross margin).
az radio cars ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of AZ RADIO CARS LTD at £0 based on an EBITDA of £-4.6k and a 7.37x industry multiple (adjusted for size and gross margin).
az radio cars ltdEstimated Valuation
£66.8k
Pomanda estimates the enterprise value of AZ RADIO CARS LTD at £66.8k based on Net Assets of £31.3k and 2.13x industry multiple (adjusted for liquidity).
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Az Radio Cars LtdOverview
Az Radio Cars Ltd is a live company located in smethwick, B66 3AP with a Companies House number of 08036201. It operates in the taxi operation sector, SIC Code 49320. Founded in April 2012, it's largest shareholder is
hardeep singh sangha
with a 100% stake. Az Radio Cars Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£237k with
declining
growth in recent years.
Pomanda's financial health check has awarded Az Radio Cars Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
3 Regular
5 Weak
Size
annual sales of £237k, make it in line with the average company (£280.4k)
£237k - Az Radio Cars Ltd
£280.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (19.2%)
-1% - Az Radio Cars 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% - Az Radio Cars Ltd
55.2% - Industry AVG
Profitability
an operating margin of -1.9% make it less profitable than the average company (11%)
-1.9% - Az Radio Cars Ltd
11% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Az Radio Cars Ltd
4 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)
£29.9k - Az Radio Cars Ltd
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £47.4k, this is less efficient (£78.8k)
£47.4k - Az Radio Cars Ltd
£78.8k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is later than average (32 days)
51 days - Az Radio Cars Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (7 days)
98 days - Az Radio Cars Ltd
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Az Radio Cars Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Az Radio Cars Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.4%, this is a similar level of debt than the average (54.6%)
58.4% - Az Radio Cars Ltd
54.6% - Industry AVG
AZ RADIO CARS LTD financials
EXPORT
Az Radio Cars Ltd's latest turnover from March 2024 is estimated at £237 thousand and the company has net assets of £31.3 thousand. According to their latest financial statements, Az Radio Cars Ltd has 5 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
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Turnover
237,010
255,570
358,992
246,597
142,627
97,680
26,811
38,460
91,311
41,614
3,538
6,662
Other Income Or Grants
Cost Of Sales
162,323
172,175
241,393
177,009
95,374
72,583
17,294
24,360
63,473
29,907
2,523
4,882
Gross Profit
74,688
83,396
117,599
69,589
47,253
25,097
9,517
14,099
27,837
11,707
1,015
1,780
Admin Expenses
79,293
114,978
95,315
65,998
39,270
28,439
-9,927
-10,071
26,913
5,652
-1,123
718
Operating Profit
-4,605
-31,582
22,284
3,591
7,983
-3,342
19,444
24,170
924
6,055
2,138
1,062
Interest Payable
Interest Receivable
1
2
7
8
3
Pre-Tax Profit
-4,605
-31,582
22,284
3,591
7,983
-3,342
19,444
24,170
926
6,063
2,147
1,065
Tax
-4,234
-682
-1,517
-3,694
-4,592
-185
-1,212
-451
-245
Profit After Tax
-4,605
-31,582
18,050
2,909
6,466
-3,342
15,750
19,578
741
4,850
1,696
820
Dividends Paid
Retained Profit
-4,605
-31,582
18,050
2,909
6,466
-3,342
15,750
19,578
741
4,850
1,696
820
Employee Costs
149,641
108,762
107,798
46,956
200,122
184,082
18,914
19,484
18,687
24,283
27,668
22,747
Number Of Employees
5
4
4
2
10
10
1
1
1
1
1
1
EBITDA*
-4,605
-31,582
22,284
3,591
7,983
-3,342
19,444
24,170
1,224
6,355
2,438
1,062
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Tangible Assets
41,713
41,836
47,836
53,836
49,543
55,543
58,543
40,800
43,400
23,900
1,700
2,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
41,713
41,836
47,836
53,836
49,543
55,543
58,543
40,800
43,400
23,900
1,700
2,000
Stock & work in progress
Trade Debtors
33,617
54,129
90,115
73,722
20,775
5,304
3,128
5,413
Group Debtors
Misc Debtors
Cash
430
560
2,350
1,000
misc current assets
total current assets
33,617
54,129
90,115
73,722
20,775
5,304
3,128
5,413
430
560
2,350
1,000
total assets
75,330
95,965
137,951
127,558
70,318
60,847
61,671
46,213
43,830
24,460
4,050
3,000
Bank overdraft
Bank loan
Trade Creditors
43,999
60,029
70,433
78,090
23,759
20,754
18,236
18,528
35,623
16,994
1,434
2,080
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
43,999
60,029
70,433
78,090
23,759
20,754
18,236
18,528
35,623
16,994
1,434
2,080
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
43,999
60,029
70,433
78,090
23,759
20,754
18,236
18,528
35,623
16,994
1,434
2,080
net assets
31,331
35,936
67,518
49,468
46,559
40,093
43,435
27,685
8,207
7,466
2,616
920
total shareholders funds
31,331
35,936
67,518
49,468
46,559
40,093
43,435
27,685
8,207
7,466
2,616
920
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Operating Activities
Operating Profit
-4,605
-31,582
22,284
3,591
7,983
-3,342
19,444
24,170
924
6,055
2,138
1,062
Depreciation
300
300
300
Amortisation
Tax
-4,234
-682
-1,517
-3,694
-4,592
-185
-1,212
-451
-245
Stock
Debtors
-20,512
-35,986
16,393
52,947
15,471
2,176
-2,285
5,413
Creditors
-16,030
-10,404
-7,657
54,331
3,005
2,518
-292
-17,095
18,629
15,560
-646
2,080
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-123
-6,000
-6,000
4,293
-6,000
-3,000
17,743
-2,930
19,668
20,703
1,341
2,897
Investing Activities
capital expenditure
123
6,000
6,000
-4,293
6,000
3,000
-17,743
2,600
-19,800
-22,500
-2,000
Change in Investments
cash flow from investments
123
6,000
6,000
-4,293
6,000
3,000
-17,743
2,600
-19,800
-22,500
-2,000
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
-100
100
interest
1
2
7
8
3
cash flow from financing
-99
2
7
8
103
cash and cash equivalents
cash
-430
-130
-1,790
1,350
1,000
overdraft
change in cash
-430
-130
-1,790
1,350
1,000
az radio cars 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 az radio cars ltd. Get real-time insights into az radio cars ltd's credit score, group structure and payment trends.
Perform a competitor analysis for az radio cars ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in B66 area or any other competitors across 12 key performance metrics.
az radio cars ltd Ownership
AZ RADIO CARS LTD group structure
Az Radio Cars Ltd has no subsidiary companies.
Ultimate parent company
AZ RADIO CARS LTD
08036201
AZ RADIO CARS LTD Shareholders
The sole shareholder of Az Radio Cars Ltd is Hardeep Singh Sangha.
hardeep singh sangha
100%
az radio cars ltd directors
Az Radio Cars Ltd currently has 1 director, Mr Hardip Sangha serving since Feb 2024.
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 az radio cars ltd.
az radio cars 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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az radio cars ltdCompanies House Filings - See Documents
