dack motor grp. ltd
dack motor grp. ltd Company Information
Company Number
08161349
Website
www.dackmotorgroup.co.ukRegistered Address
unit 3 - 6, lincoln fields business park, lincoln, LN6 3QW
Industry
Maintenance and repair of motor vehicles
Telephone
01522437770
Next Accounts Due
May 2024
Group Structure
View All
Directors
Leo Dack11 Years
Shareholders
leo dack 100%
dack motor grp. ltd Estimated Valuation
Pomanda estimates the enterprise value of DACK MOTOR GRP. LTD at £357.4k based on a Turnover of £1.7m and 0.21x industry multiple (adjusted for size and gross margin).
dack motor grp. ltd Estimated Valuation
Pomanda estimates the enterprise value of DACK MOTOR GRP. LTD at £0 based on an EBITDA of £-124.7k and a 2.91x industry multiple (adjusted for size and gross margin).
dack motor grp. ltd Estimated Valuation
Pomanda estimates the enterprise value of DACK MOTOR GRP. LTD at £0 based on Net Assets of £-184.7k and 2.79x industry multiple (adjusted for liquidity).
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Dack Motor Grp. Ltd Overview
Dack Motor Grp. Ltd is a dissolved company that was located in lincoln, LN6 3QW with a Companies House number of 08161349. It operated in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in July 2012, it's largest shareholder was leo dack with a 100% stake. The last turnover for Dack Motor Grp. Ltd was estimated at £1.7m.
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Dack Motor Grp. Ltd Health Check
Pomanda's financial health check has awarded Dack Motor Grp. Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £1.7m, make it larger than the average company (£345.1k)
- Dack Motor Grp. Ltd
£345.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (5.6%)
- Dack Motor Grp. Ltd
5.6% - Industry AVG
Production
with a gross margin of 25.6%, this company has a higher cost of product (38.2%)
- Dack Motor Grp. Ltd
38.2% - Industry AVG
Profitability
an operating margin of -9.2% make it less profitable than the average company (4.9%)
- Dack Motor Grp. Ltd
4.9% - Industry AVG
Employees
with 13 employees, this is similar to the industry average (13)
13 - Dack Motor Grp. Ltd
13 - Industry AVG
Pay Structure
on an average salary of £28.5k, the company has an equivalent pay structure (£28.5k)
- Dack Motor Grp. Ltd
£28.5k - Industry AVG
Efficiency
resulting in sales per employee of £131.1k, this is more efficient (£91.7k)
- Dack Motor Grp. Ltd
£91.7k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (38 days)
- Dack Motor Grp. Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 216 days, this is slower than average (42 days)
- Dack Motor Grp. Ltd
42 days - Industry AVG
Stock Days
it holds stock equivalent to 110 days, this is more than average (18 days)
- Dack Motor Grp. Ltd
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Dack Motor Grp. Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.6%, this is a higher level of debt than the average (76.5%)
120.6% - Dack Motor Grp. Ltd
76.5% - Industry AVG
dack motor grp. ltd Credit Report and Business Information
Dack Motor Grp. Ltd Competitor Analysis
Perform a competitor analysis for dack motor grp. ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
dack motor grp. ltd Ownership
DACK MOTOR GRP. LTD group structure
Dack Motor Grp. Ltd has no subsidiary companies.
Ultimate parent company
DACK MOTOR GRP. LTD
08161349
dack motor grp. ltd directors
Dack Motor Grp. Ltd currently has 1 director, Mr Leo Dack serving since Jul 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Leo Dack | England | 37 years | Jul 2012 | - | Director |
DACK MOTOR GRP. LTD financials
Dack Motor Grp. Ltd's latest turnover from March 2019 is estimated at £1.7 million and the company has net assets of -£184.7 thousand. According to their latest financial statements, Dack Motor Grp. Ltd has 13 employees and maintains cash reserves of £4.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 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 | 13 | 12 | 17 | 12 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 218,058 | 95,494 | 105,583 | 119,319 | 130,124 | 87,850 | 0 |
| Intangible Assets | 0 | 4,314 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 218,058 | 99,808 | 105,583 | 119,319 | 130,124 | 87,850 | 0 |
| Stock & work in progress | 385,326 | 110,705 | 20,816 | 18,469 | 14,825 | 3,562 | 0 |
| Trade Debtors | 290,997 | 263,673 | 146,444 | 101,543 | 34,376 | 25,001 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,598 | 8,582 | 44,771 | 71,496 | 23,663 | 3,376 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 680,921 | 382,960 | 212,031 | 191,508 | 72,864 | 31,939 | 0 |
| total assets | 898,979 | 482,768 | 317,614 | 310,827 | 202,988 | 119,789 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 752,283 | 360,546 | 229,072 | 195,538 | 135,909 | 119,235 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 752,283 | 360,546 | 229,072 | 195,538 | 135,909 | 119,235 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 308,173 | 137,484 | 110,157 | 65,317 | 26,296 | 11,728 | 0 |
| provisions | 23,247 | 13,079 | 14,772 | 16,389 | 24,749 | 16,590 | 0 |
| total long term liabilities | 331,420 | 150,563 | 124,929 | 81,706 | 51,045 | 28,318 | 0 |
| total liabilities | 1,083,703 | 511,109 | 354,001 | 277,244 | 186,954 | 147,553 | 0 |
| net assets | -184,724 | -28,341 | -36,387 | 33,583 | 16,034 | -27,764 | 0 |
| total shareholders funds | -184,724 | -28,341 | -36,387 | 33,583 | 16,034 | -27,764 | 0 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 31,759 | 31,379 | 28,287 | 27,978 | 33,315 | 25,943 | |
| Amortisation | 0 | 1,079 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 274,621 | 89,889 | 2,347 | 3,644 | 11,263 | 3,562 | 0 |
| Debtors | 27,324 | 117,229 | 44,901 | 67,167 | 9,375 | 25,001 | 0 |
| Creditors | 391,737 | 131,474 | 33,534 | 59,629 | 16,674 | 119,235 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 10,168 | -1,693 | -1,617 | -8,360 | 8,159 | 16,590 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 170,689 | 27,327 | 44,840 | 39,021 | 14,568 | 11,728 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -3,984 | -36,189 | -26,725 | 47,833 | 20,287 | 3,376 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,984 | -36,189 | -26,725 | 47,833 | 20,287 | 3,376 | 0 |
P&L
March 2019turnover
1.7m
+62%
operating profit
-156.4k
0%
gross margin
25.6%
-8.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
-184.7k
+5.52%
total assets
899k
+0.86%
cash
4.6k
-0.46%
net assets
Total assets minus all liabilities
dack motor grp. ltd company details
company number
08161349
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
July 2012
age
12
accounts
Unaudited Abridged
ultimate parent company
previous names
independent specialists ltd (October 2014)
incorporated
UK
address
unit 3 - 6, lincoln fields business park, lincoln, LN6 3QW
last accounts submitted
March 2019
dack motor grp. 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 dack motor grp. ltd.
dack motor grp. ltd Companies House Filings - See Documents
| date | description | view/download |
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