status 1 automotive limited

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status 1 automotive limited Company Information

Share STATUS 1 AUTOMOTIVE LIMITED

Company Number

08163547

Directors

Philip Bragg

Shareholders

philip bragg

Group Structure

View All

Industry

Sale of used cars and light motor vehicles

 

Registered Address

6 martins court, hindley, wigan, WN2 4AZ

status 1 automotive limited Estimated Valuation

£934.7k

Pomanda estimates the enterprise value of STATUS 1 AUTOMOTIVE LIMITED at £934.7k based on a Turnover of £3m and 0.31x industry multiple (adjusted for size and gross margin).

status 1 automotive limited Estimated Valuation

£302k

Pomanda estimates the enterprise value of STATUS 1 AUTOMOTIVE LIMITED at £302k based on an EBITDA of £75.2k and a 4.01x industry multiple (adjusted for size and gross margin).

status 1 automotive limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of STATUS 1 AUTOMOTIVE LIMITED at £2.9m based on Net Assets of £976.6k and 2.98x industry multiple (adjusted for liquidity).

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Status 1 Automotive Limited Overview

Status 1 Automotive Limited is a live company located in wigan, WN2 4AZ with a Companies House number of 08163547. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in August 2012, it's largest shareholder is philip bragg with a 100% stake. Status 1 Automotive Limited is a established, small sized company, Pomanda has estimated its turnover at £3m with rapid growth in recent years.

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Status 1 Automotive Limited Health Check

Pomanda's financial health check has awarded Status 1 Automotive Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £3m, make it larger than the average company (£1.6m)

£3m - Status 1 Automotive Limited

£1.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (12.9%)

54% - Status 1 Automotive Limited

12.9% - Industry AVG

production

Production

with a gross margin of 11.1%, this company has a comparable cost of product (11.1%)

11.1% - Status 1 Automotive Limited

11.1% - Industry AVG

profitability

Profitability

an operating margin of 2.4% make it as profitable than the average company (2.8%)

2.4% - Status 1 Automotive Limited

2.8% - Industry AVG

employees

Employees

with 9 employees, this is above the industry average (5)

9 - Status 1 Automotive Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.8k, the company has an equivalent pay structure (£32.8k)

£32.8k - Status 1 Automotive Limited

£32.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £333k, this is equally as efficient (£372.9k)

£333k - Status 1 Automotive Limited

£372.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Status 1 Automotive Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (12 days)

2 days - Status 1 Automotive Limited

12 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 123 days, this is more than average (64 days)

123 days - Status 1 Automotive Limited

64 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (9 weeks)

19 weeks - Status 1 Automotive Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 26%, this is a lower level of debt than the average (68.6%)

26% - Status 1 Automotive Limited

68.6% - Industry AVG

STATUS 1 AUTOMOTIVE LIMITED financials

EXPORTms excel logo

Status 1 Automotive Limited's latest turnover from January 2024 is estimated at £3 million and the company has net assets of £976.6 thousand. According to their latest financial statements, we estimate that Status 1 Automotive Limited has 9 employees and maintains cash reserves of £55.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Aug 2014Aug 2013
Turnover2,997,2712,428,2701,844,708818,576844,1071,201,9201,144,2701,396,5961,263,1671,523,5811,329,2611,183,150
Other Income Or Grants
Cost Of Sales2,665,6812,141,2201,636,499729,804746,2701,063,0691,013,4871,233,5671,093,6801,330,3461,169,6101,041,369
Gross Profit331,590287,049208,20888,77197,836138,851130,783163,029169,487193,235159,651141,781
Admin Expenses261,063259,920-62,846-232,668-115,849127,467108,159122,24254,722134,145138,90798,625
Operating Profit70,52727,129271,054321,439213,68511,38422,62440,787114,76559,09020,74443,156
Interest Payable4,0333,9173,0521,616198295732568
Interest Receivable5,5057,38483123229826214051122338370
Pre-Tax Profit71,99930,595268,833320,054213,78511,35122,03140,270114,88859,12320,82743,226
Tax-18,000-5,813-51,078-60,810-40,619-2,157-4,186-8,054-22,977-12,416-4,374-9,942
Profit After Tax53,99924,782217,755259,244173,1669,19417,84532,21691,91046,70716,45333,284
Dividends Paid
Retained Profit53,99924,782217,755259,244173,1669,19417,84532,21691,91046,70716,45333,284
Employee Costs294,905191,723152,52685,26357,85886,45884,17783,40079,948105,946104,439102,783
Number Of Employees965323333444
EBITDA*75,24733,826278,290331,517226,89612,12423,44441,757115,16859,39020,99443,656

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Aug 2014Aug 2013
Tangible Assets165,874157,59432,18339,41949,4978,6777,2175,5373,5071,9502,2502,500
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets165,874157,59432,18339,41949,4978,6777,2175,5373,5071,9502,2502,500
Stock & work in progress903,896751,396534,345212,345208,800320,770300,719364,724333,124362,444307,653266,326
Trade Debtors
Group Debtors
Misc Debtors194,015221,515226,965221,965249,965
Cash55,345154,364267,553397,61165,56714,00855,84340,8248,0385,04628,063
misc current assets
total current assets1,153,2561,127,2751,028,863831,921524,332334,778356,562364,724373,948370,482312,699294,389
total assets1,319,1301,284,8691,061,046871,340573,829343,455363,779370,261377,455372,432314,949296,889
Bank overdraft18,162
Bank loan
Trade Creditors 14,86617,26119,73719,73817,2385,2384,0228,0778,07726,05517,01216,860
Group/Directors Accounts
other short term finances28,31336,29946,16851,4921,4924,3704,370
hp & lease commitments
other current liabilities108,200106,64427,36650,09064,323116,971123,451181,023
total current liabilities151,379160,20493,271121,32083,05395,845125,363149,690189,10026,05517,01216,860
loans7,087
hp & lease commitments
Accruals and Deferred Income
other liabilities184,108202,10870,00070,00070,000249,932248,199246,744
provisions
total long term liabilities191,195202,10870,00070,00070,000249,932248,199246,744
total liabilities342,574362,312163,271191,320153,05395,845125,363149,690189,100275,987265,211263,604
net assets976,556922,557897,775680,020420,776247,610238,416220,571188,35596,44549,73833,285
total shareholders funds976,556922,557897,775680,020420,776247,610238,416220,571188,35596,44549,73833,285
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Aug 2014Aug 2013
Operating Activities
Operating Profit70,52727,129271,054321,439213,68511,38422,62440,787114,76559,09020,74443,156
Depreciation4,7206,6977,23610,07813,211740820970403300250500
Amortisation
Tax-18,000-5,813-51,078-60,810-40,619-2,157-4,186-8,054-22,977-12,416-4,374-9,942
Stock152,500217,051322,0003,545-111,97020,051-64,00531,600-29,32054,79141,327266,326
Debtors-27,500-5,4505,000-28,000249,965
Creditors-2,395-2,476-12,50012,0001,216-4,055-17,9789,04315216,860
Accruals and Deferred Income1,55679,278-22,724-14,23364,323-116,971-6,480-57,572181,023
Deferred Taxes & Provisions
Cash flow from operations-68,592-106,786-122,513283,429124,605-125,83972,728-55,469284,5561,226-24,555-215,752
Investing Activities
capital expenditure-13,000-132,108-54,031-2,200-2,500-3,000-1,960-3,000
Change in Investments
cash flow from investments-13,000-132,108-54,031-2,200-2,500-3,000-1,960-3,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -7,986-9,869-5,32450,000-2,8784,370
Long term loans7,087
Hire Purchase and Lease Commitments
other long term liabilities-18,000132,10870,000-249,9321,7331,455246,744
share issue1
interest1,4723,467-2,221-1,384100-33-592-517122338370
cash flow from financing-17,427125,706-7,54548,61667,222-333,778-517-249,8101,7661,538246,815
cash and cash equivalents
cash-99,019-113,189-130,058332,04451,559-41,83555,843-40,82432,7862,992-23,01728,063
overdraft-18,16218,162
change in cash-99,019-113,189-130,058332,04451,559-41,83574,005-58,98632,7862,992-23,01728,063

status 1 automotive 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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Status 1 Automotive Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for status 1 automotive 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 WN2 area or any other competitors across 12 key performance metrics.

status 1 automotive limited Ownership

STATUS 1 AUTOMOTIVE LIMITED group structure

Status 1 Automotive Limited has no subsidiary companies.

Ultimate parent company

STATUS 1 AUTOMOTIVE LIMITED

08163547

STATUS 1 AUTOMOTIVE LIMITED Shareholders

philip bragg 100%

status 1 automotive limited directors

Status 1 Automotive Limited currently has 1 director, Mr Philip Bragg serving since Apr 2016.

officercountryagestartendrole
Mr Philip BraggEngland53 years Apr 2016- Director

P&L

January 2024

turnover

3m

+23%

operating profit

70.5k

0%

gross margin

11.1%

-6.41%

turnover

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

Balance Sheet

January 2024

net assets

976.6k

+0.06%

total assets

1.3m

+0.03%

cash

55.3k

-0.64%

net assets

Total assets minus all liabilities

status 1 automotive limited company details

company number

08163547

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

August 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

6 martins court, hindley, wigan, WN2 4AZ

Bank

-

Legal Advisor

-

status 1 automotive 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 status 1 automotive limited.

status 1 automotive 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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status 1 automotive limited Companies House Filings - See Documents

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