Star Cars London Ltd

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star cars london ltd Company Information

Live

EstablishedSmallRapid

Company Number

08057820

Website

www.starcarslondon.co.uk

Registered Address

park farm sewardstone road, london, E4 7RG

Industry

Sale of used cars and light motor vehicles

Telephone

02036323099

Next Accounts Due

February 2025

Group Structure

View All

Directors

Mohammed Malik12 Years

Abrar Abbas11 Years

Shareholders

mohammed rasdia malik 50%

abrar abbas 50%

star cars london ltd Estimated Valuation

£912.9k

Pomanda estimates the enterprise value of STAR CARS LONDON LTD at £912.9k based on a Turnover of £4.7m and 0.19x industry multiple (adjusted for size and gross margin).

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Star Cars London Ltd is a live company located in london, E4 7RG with a Companies House number of 08057820. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in May 2012, it's largest shareholder is mohammed rasdia malik with a 50% stake. Star Cars London Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.7m with rapid growth in recent years.

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Pomanda's financial health check has awarded Star Cars London Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

4 Strong

2 Regular

4 Weak

Size

annual sales of £4.7m, make it larger than the average company (£2.7m)

Growth

3 year (CAGR) sales growth of 50%, show it is growing at a faster rate (7.9%)

EXPORT

Star Cars London Ltd's latest turnover from May 2023 is estimated at £4.7 million and the company has net assets of £16.5 thousand. According to their latest financial statements, Star Cars London Ltd has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013
Turnover	4,700,438	3,721,150	1,807,988	1,404,575	1,190,100	1,017,187	1,059,003	547,692	87,940	76,196	504,960
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	4,380,928	3,450,369	1,695,321	1,307,148	1,105,754	942,194	980,186	503,054	80,307	70,688	465,910
Gross Profit	319,510	270,781	112,668	97,427	84,346	74,994	78,817	44,638	7,633	5,507	39,050
Admin Expenses	344,253	220,482	110,566	101,429	83,155	74,227	78,282	44,450	7,566	-10,269	51,077
Operating Profit	-24,743	50,299	2,102	-4,002	1,191	767	535	188	67	15,776	-12,027
Interest Payable	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	28	53	36	11
Pre-Tax Profit	-24,743	50,299	2,102	-4,002	1,191	767	535	216	120	15,813	-12,016
Tax	0	-9,557	-399	0	-226	-146	-102	-43	-24	-3,321	0
Profit After Tax	-24,743	40,742	1,703	-4,002	965	621	433	173	96	12,492	-12,016
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-24,743	40,742	1,703	-4,002	965	621	433	173	96	12,492	-12,016
Employee Costs	225,381	192,433	116,058	86,852	57,531	58,223	56,146	27,039	26,363	25,422	25,696
Number Of Employees	7	6	4	3	2	2	2	1	1	1	1
EBITDA*	-24,743	50,299	2,102	-4,002	1,191	767	535	188	67	15,776	-12,027

* Earnings Before Interest, Tax, Depreciation and Amortisation

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013
Tangible Assets	1,104	1,380	1,725	491	613	766	0	0	0	0	0
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	1,104	1,380	1,725	491	613	766	0	0	0	0	0
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	74,225
Trade Debtors	718,450	600,000	382,039	269,580	189,345	122,699	97,591	36,746	0	0	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	0	11,215	10,067	4,483
misc current assets	0	0	0	0	0	0	0	0	0	0	0
total current assets	718,450	600,000	382,039	269,580	189,345	122,699	97,591	36,746	11,215	10,067	78,708
total assets	719,554	601,380	383,764	270,071	189,958	123,465	97,591	36,746	11,215	10,067	78,708
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	702,340	559,423	296,936	176,309	187,194	121,666	96,413	36,001	10,642	9,590	90,723
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	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	702,340	559,423	296,936	176,309	187,194	121,666	96,413	36,001	10,642	9,590	90,723
loans	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
Accruals and Deferred Income	750	750	0	0	0	0	0	0	0	0	0
other liabilities	0	0	86,363	95,000	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	750	750	86,363	95,000	0	0	0	0	0	0	0
total liabilities	703,090	560,173	383,299	271,309	187,194	121,666	96,413	36,001	10,642	9,590	90,723
net assets	16,464	41,207	465	-1,238	2,764	1,799	1,178	745	573	477	-12,015
total shareholders funds	16,464	41,207	465	-1,238	2,764	1,799	1,178	745	573	477	-12,015

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013
Operating Activities
Operating Profit	-24,743	50,299	2,102	-4,002	1,191	767	535	188	67	15,776	-12,027
Depreciation	0	0	0	0	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-9,557	-399	0	-226	-146	-102	-43	-24	-3,321	0
Stock	0	0	0	0	0	0	0	0	0	-74,225	74,225
Debtors	118,450	217,961	112,459	80,235	66,646	25,108	60,845	36,746	0	0	0
Creditors	142,917	262,487	120,627	-10,885	65,528	25,253	60,412	25,359	1,052	-81,133	90,723
Accruals and Deferred Income	0	750	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-276	86,018	9,871	-95,122	-153	766	0	-11,242	1,095	5,547	4,471
Investing Activities
capital expenditure	276	345	-1,234	122	153	-766	0	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	276	345	-1,234	122	153	-766	0	0	0	0	0
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	0	0	0	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	-86,363	-8,637	95,000	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	-1	0	0	1
interest	0	0	0	0	0	0	0	28	53	36	11
cash flow from financing	0	-86,363	-8,637	95,000	0	0	0	27	53	36	12
cash and cash equivalents
cash	0	0	0	0	0	0	0	-11,215	1,148	5,584	4,483
overdraft	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0	-11,215	1,148	5,584	4,483

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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STAR CARS LONDON LTD group structure

Star Cars London Ltd has no subsidiary companies.

Ultimate parent company

STAR CARS LONDON LTD

08057820

STAR CARS LONDON LTD Shareholders

mohammed rasdia malik	50%
abrar abbas	50%

Star Cars London Ltd currently has 2 directors. The longest serving directors include Mr Mohammed Malik (May 2012) and Mr Abrar Abbas (Nov 2012).

officer	country	age	start	end	role
Mr Mohammed Malik	England	43 years	May 2012	-	Director
Mr Abrar Abbas	United Kingdom	42 years	Nov 2012	-	Director

P&L

May 2023

turnover

4.7m

+26%

operating profit

-24.7k

gross margin

6.8%

-6.59%

turnover

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

Balance Sheet

May 2023

net assets

16.5k

-0.6%

total assets

719.6k

+0.2%

cash

net assets

Total assets minus all liabilities

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company number

08057820

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

May 2012

age

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

address

park farm sewardstone road, london, E4 7RG

last accounts submitted

May 2023

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 star cars london ltd.

star cars london ltd Company Information

star cars london ltd Estimated Valuation

star cars london ltd Estimated Valuation

star cars london ltd Estimated Valuation

Star Cars London Ltd Overview

Star Cars London Ltd Health Check

STAR CARS LONDON LTD financials

star cars london ltd Credit Report and Business Information

Star Cars London Ltd Competitor Analysis

star cars london ltd Ownership

star cars london ltd directors

star cars london ltd company details

star cars london ltd Charges & Mortgages

star cars london ltd Companies House Filings - See Documents