smart-rite ltd
smart-rite ltd Company Information
Group Structure
View All
Industry
Maintenance and repair of motor vehicles
Registered Address
international house, 12 constance street, london, E16 2DQ
Website
www.smartrite.co.uksmart-rite ltd Estimated Valuation
Pomanda estimates the enterprise value of SMART-RITE LTD at £6.3k based on a Turnover of £27.2k and 0.23x industry multiple (adjusted for size and gross margin).
smart-rite ltd Estimated Valuation
Pomanda estimates the enterprise value of SMART-RITE LTD at £3k based on an EBITDA of £1.1k and a 2.86x industry multiple (adjusted for size and gross margin).
smart-rite ltd Estimated Valuation
Pomanda estimates the enterprise value of SMART-RITE LTD at £67.2k based on Net Assets of £22.4k and 3.01x industry multiple (adjusted for liquidity).
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Smart-rite Ltd Overview
Smart-rite Ltd is a live company located in london, E16 2DQ with a Companies House number of 08082276. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in May 2012, it's largest shareholder is neil spencer with a 100% stake. Smart-rite Ltd is a established, micro sized company, Pomanda has estimated its turnover at £27.2k with healthy growth in recent years.
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Smart-rite Ltd Health Check
Pomanda's financial health check has awarded Smart-Rite Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £27.2k, make it smaller than the average company (£455.4k)
- Smart-rite Ltd
£455.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.4%)
- Smart-rite Ltd
6.4% - Industry AVG
Production
with a gross margin of 21.9%, this company has a higher cost of product (34.7%)
- Smart-rite Ltd
34.7% - Industry AVG
Profitability
an operating margin of 3.9% make it less profitable than the average company (5.3%)
- Smart-rite Ltd
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Smart-rite Ltd
6 - Industry AVG
Pay Structure
on an average salary of £27k, the company has an equivalent pay structure (£27k)
- Smart-rite Ltd
£27k - Industry AVG
Efficiency
resulting in sales per employee of £27.2k, this is less efficient (£98.1k)
- Smart-rite Ltd
£98.1k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (38 days)
- Smart-rite Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 94 days, this is slower than average (43 days)
- Smart-rite Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Smart-rite Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Smart-rite Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.7%, this is a lower level of debt than the average (67%)
19.7% - Smart-rite Ltd
67% - Industry AVG
SMART-RITE LTD financials
Smart-Rite Ltd's latest turnover from May 2023 is estimated at £27.2 thousand and the company has net assets of £22.4 thousand. According to their latest financial statements, Smart-Rite Ltd has 1 employee 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 | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* 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 | 26,946 | 24,754 | 22,606 | 21,742 | 19,439 | 16,594 | 9,726 | 5,019 | 600 | 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 | 26,946 | 24,754 | 22,606 | 21,742 | 19,439 | 16,594 | 9,726 | 5,019 | 600 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 895 | 620 | 840 | 760 | 0 | 1,420 | 0 | 0 | 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 | 787 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 895 | 620 | 840 | 760 | 0 | 1,420 | 0 | 0 | 787 | 0 | 0 |
| total assets | 27,841 | 25,374 | 23,446 | 22,502 | 19,439 | 18,014 | 9,726 | 5,019 | 1,387 | 0 | 0 |
| 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 | 5,491 | 3,821 | 2,471 | 1,606 | 1,646 | 2,490 | 1,043 | 2,796 | 3,850 | 0 | 0 |
| 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 | 5,491 | 3,821 | 2,471 | 1,606 | 1,646 | 2,490 | 1,043 | 2,796 | 3,850 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,491 | 3,821 | 2,471 | 1,606 | 1,646 | 2,490 | 1,043 | 2,796 | 3,850 | 0 | 0 |
| net assets | 22,350 | 21,553 | 20,975 | 20,896 | 17,793 | 15,524 | 8,683 | 2,223 | -2,463 | 0 | 0 |
| total shareholders funds | 22,350 | 21,553 | 20,975 | 20,896 | 17,793 | 15,524 | 8,683 | 2,223 | -2,463 | 0 | 0 |
| 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 | |||||||||||
| Depreciation | 200 | ||||||||||
| Amortisation | 0 | ||||||||||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 275 | -220 | 80 | 760 | -1,420 | 1,420 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 1,670 | 1,350 | 865 | -40 | -844 | 1,447 | -1,753 | -1,054 | 3,850 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 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 | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -787 | 787 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -787 | 787 | 0 | 0 |
smart-rite ltd Credit Report and Business Information
Smart-rite Ltd Competitor Analysis
Perform a competitor analysis for smart-rite ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in E16 area or any other competitors across 12 key performance metrics.
smart-rite ltd Ownership
SMART-RITE LTD group structure
Smart-Rite Ltd has no subsidiary companies.
Ultimate parent company
SMART-RITE LTD
08082276
smart-rite ltd directors
Smart-Rite Ltd currently has 1 director, Mr Neil Spencer serving since May 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Spencer | England | 55 years | May 2012 | - | Director |
P&L
May 2023turnover
27.2k
+12%
operating profit
1.1k
0%
gross margin
22%
+6.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
22.4k
+0.04%
total assets
27.8k
+0.1%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
smart-rite ltd company details
company number
08082276
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
May 2012
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
international house, 12 constance street, london, E16 2DQ
Bank
-
Legal Advisor
-
smart-rite 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 smart-rite ltd.
smart-rite 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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smart-rite ltd Companies House Filings - See Documents
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