sussex motor finance limited
sussex motor finance limited Company Information
Company Number
08296505
Next Accounts
Mar 2025
Shareholders
darren james logan
Group Structure
View All
Industry
Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Registered Address
asm house 103a keymer road, hassocks, west sussex, BN6 8QL
Website
www.sussexmotorfinance.co.uksussex motor finance limited Estimated Valuation
Pomanda estimates the enterprise value of SUSSEX MOTOR FINANCE LIMITED at £255.3k based on a Turnover of £202.3k and 1.26x industry multiple (adjusted for size and gross margin).
sussex motor finance limited Estimated Valuation
Pomanda estimates the enterprise value of SUSSEX MOTOR FINANCE LIMITED at £0 based on an EBITDA of £-10.5k and a 4.6x industry multiple (adjusted for size and gross margin).
sussex motor finance limited Estimated Valuation
Pomanda estimates the enterprise value of SUSSEX MOTOR FINANCE LIMITED at £0 based on Net Assets of £-186.9k and 1.89x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sussex Motor Finance Limited Overview
Sussex Motor Finance Limited is a live company located in west sussex, BN6 8QL with a Companies House number of 08296505. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in November 2012, it's largest shareholder is darren james logan with a 100% stake. Sussex Motor Finance Limited is a established, micro sized company, Pomanda has estimated its turnover at £202.3k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Sussex Motor Finance Limited Health Check
Pomanda's financial health check has awarded Sussex Motor Finance Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £202.3k, make it smaller than the average company (£3.4m)
- Sussex Motor Finance Limited
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (4%)
- Sussex Motor Finance Limited
4% - Industry AVG
Production
with a gross margin of 63.8%, this company has a comparable cost of product (63.8%)
- Sussex Motor Finance Limited
63.8% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (19.6%)
- Sussex Motor Finance Limited
19.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Sussex Motor Finance Limited
6 - Industry AVG
Pay Structure
on an average salary of £66k, the company has an equivalent pay structure (£66k)
- Sussex Motor Finance Limited
£66k - Industry AVG
Efficiency
resulting in sales per employee of £202.3k, this is less efficient (£353.4k)
- Sussex Motor Finance Limited
£353.4k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (139 days)
- Sussex Motor Finance Limited
139 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (24 days)
- Sussex Motor Finance Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sussex Motor Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Sussex Motor Finance Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 415.8%, this is a higher level of debt than the average (89.5%)
415.8% - Sussex Motor Finance Limited
89.5% - Industry AVG
SUSSEX MOTOR FINANCE LIMITED financials
Sussex Motor Finance Limited's latest turnover from June 2023 is estimated at £202.3 thousand and the company has net assets of -£186.9 thousand. According to their latest financial statements, Sussex Motor Finance Limited has 1 employee and maintains cash reserves of £54 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 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 | 2 | 2 | 3 | 3 | 3 | 3 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | |||||||||||
| Stock & work in progress | |||||||||||
| Trade Debtors | 7,547 | 14,299 | 39,995 | 54,174 | 63,393 | 68,532 | 29,363 | 12,144 | 201,565 | 88,896 | 23,276 |
| Group Debtors | |||||||||||
| Misc Debtors | 51,596 | 58,244 | 53,226 | 79,726 | 110,602 | 147,180 | 209,230 | 286,747 | |||
| Cash | 54 | 50 | 3,179 | 6,640 | 354 | 188 | 349 | 1,753 | 1,295 | 104 | 548 |
| misc current assets | |||||||||||
| total current assets | 59,197 | 72,593 | 96,400 | 140,540 | 174,349 | 215,900 | 238,942 | 300,644 | 202,860 | 89,000 | 23,824 |
| total assets | 59,197 | 72,593 | 96,400 | 140,540 | 174,349 | 215,900 | 238,942 | 300,644 | 202,860 | 89,000 | 23,824 |
| Bank overdraft | 32,810 | 37,554 | 47,556 | 50,000 | |||||||
| Bank loan | |||||||||||
| Trade Creditors | 40 | 130 | 68 | 28 | 381 | 276 | 406 | 196,117 | 88,478 | 27,907 | |
| Group/Directors Accounts | 149,390 | 137,950 | 117,950 | 97,950 | 77,950 | 57,950 | |||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 213,284 | 207,433 | 21,471 | 8,751 | 71,126 | 106,246 | 133,219 | 204,814 | |||
| total current liabilities | 246,134 | 245,117 | 218,485 | 196,729 | 189,457 | 204,472 | 211,575 | 262,764 | 196,117 | 88,478 | 27,907 |
| loans | 15,033 | 17,439 | 5,322 | 21,919 | 24,031 | ||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | 15,033 | 17,439 | 5,322 | 21,919 | 24,031 | ||||||
| total liabilities | 246,134 | 245,117 | 218,485 | 211,762 | 206,896 | 209,794 | 233,494 | 286,795 | 196,117 | 88,478 | 27,907 |
| net assets | -186,937 | -172,524 | -122,085 | -71,222 | -32,547 | 6,106 | 5,448 | 13,849 | 6,743 | 522 | -4,083 |
| total shareholders funds | -186,937 | -172,524 | -122,085 | -71,222 | -32,547 | 6,106 | 5,448 | 13,849 | 6,743 | 522 | -4,083 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | |||||||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | -13,400 | -20,678 | -40,679 | -40,095 | -41,717 | -22,881 | -60,298 | 97,326 | 112,669 | 65,620 | 23,276 |
| Creditors | -90 | 62 | 40 | -353 | 105 | -130 | 406 | -196,117 | 107,639 | 60,571 | 27,907 |
| Accruals and Deferred Income | 5,851 | 185,962 | 12,720 | -62,375 | -35,120 | -26,973 | -71,595 | 204,814 | |||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -149,390 | 11,440 | 20,000 | 20,000 | 20,000 | 20,000 | 57,950 | ||||
| Other Short Term Loans | |||||||||||
| Long term loans | -15,033 | -2,406 | 12,117 | -16,597 | -2,112 | 24,031 | |||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 4 | -3,129 | -3,461 | 6,286 | 166 | -161 | -1,404 | 458 | 1,191 | -444 | 548 |
| overdraft | -4,744 | -10,002 | -2,444 | 50,000 | |||||||
| change in cash | 4,748 | 6,873 | -1,017 | -43,714 | 166 | -161 | -1,404 | 458 | 1,191 | -444 | 548 |
sussex motor finance limited Credit Report and Business Information
Sussex Motor Finance Limited Competitor Analysis
Perform a competitor analysis for sussex motor finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BN6 area or any other competitors across 12 key performance metrics.
sussex motor finance limited Ownership
SUSSEX MOTOR FINANCE LIMITED group structure
Sussex Motor Finance Limited has no subsidiary companies.
Ultimate parent company
SUSSEX MOTOR FINANCE LIMITED
08296505
sussex motor finance limited directors
Sussex Motor Finance Limited currently has 2 directors. The longest serving directors include Mr Nigel Neville (Nov 2012) and Mr Darren Logan (Nov 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Neville | England | 69 years | Nov 2012 | - | Director |
| Mr Darren Logan | United Kingdom | 52 years | Nov 2012 | - | Director |
P&L
June 2023turnover
202.3k
-50%
operating profit
-10.5k
0%
gross margin
63.8%
-6.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-186.9k
+0.08%
total assets
59.2k
-0.18%
cash
54
+0.08%
net assets
Total assets minus all liabilities
Similar Companies
sussex motor finance limited company details
company number
08296505
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
November 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
asm house 103a keymer road, hassocks, west sussex, BN6 8QL
Bank
-
Legal Advisor
-
sussex motor finance 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 sussex motor finance limited.
sussex motor finance 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.
Click to start generating capital raising & share issue transactions for SUSSEX MOTOR FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
sussex motor finance limited Companies House Filings - See Documents
| date | description | view/download |
|---|
