swift cars (south wales) limited Company Information
Group Structure
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Industry
Sale of used cars and light motor vehicles
Registered Address
rear of arrow ford, pontllanfraith, blackwood, NP12 2JG
Website
www.swift-cars.netswift cars (south wales) limited Estimated Valuation
Pomanda estimates the enterprise value of SWIFT CARS (SOUTH WALES) LIMITED at £627.6k based on a Turnover of £2m and 0.31x industry multiple (adjusted for size and gross margin).
swift cars (south wales) limited Estimated Valuation
Pomanda estimates the enterprise value of SWIFT CARS (SOUTH WALES) LIMITED at £796k based on an EBITDA of £195.9k and a 4.06x industry multiple (adjusted for size and gross margin).
swift cars (south wales) limited Estimated Valuation
Pomanda estimates the enterprise value of SWIFT CARS (SOUTH WALES) LIMITED at £2.1m based on Net Assets of £728.3k and 2.87x industry multiple (adjusted for liquidity).
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Swift Cars (south Wales) Limited Overview
Swift Cars (south Wales) Limited is a live company located in blackwood, NP12 2JG with a Companies House number of 08306320. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in November 2012, it's largest shareholder is jamie hywel jones with a 100% stake. Swift Cars (south Wales) Limited is a established, small sized company, Pomanda has estimated its turnover at £2m with healthy growth in recent years.
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Swift Cars (south Wales) Limited Health Check
Pomanda's financial health check has awarded Swift Cars (South Wales) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
6 Regular
3 Weak
Size
annual sales of £2m, make it in line with the average company (£2.1m)
- Swift Cars (south Wales) Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.5%)
- Swift Cars (south Wales) Limited
9.5% - Industry AVG
Production
with a gross margin of 11.5%, this company has a comparable cost of product (11.5%)
- Swift Cars (south Wales) Limited
11.5% - Industry AVG
Profitability
an operating margin of 9.6% make it more profitable than the average company (2.7%)
- Swift Cars (south Wales) Limited
2.7% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (7)
6 - Swift Cars (south Wales) Limited
7 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
- Swift Cars (south Wales) Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £337.2k, this is less efficient (£415.4k)
- Swift Cars (south Wales) Limited
£415.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Swift Cars (south Wales) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (15 days)
- Swift Cars (south Wales) Limited
15 days - Industry AVG
Stock Days
it holds stock equivalent to 122 days, this is more than average (67 days)
- Swift Cars (south Wales) Limited
67 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is average cash available to meet short term requirements (8 weeks)
7 weeks - Swift Cars (south Wales) Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.4%, this is a lower level of debt than the average (68.3%)
23.4% - Swift Cars (south Wales) Limited
68.3% - Industry AVG
SWIFT CARS (SOUTH WALES) LIMITED financials
Swift Cars (South Wales) Limited's latest turnover from November 2023 is estimated at £2 million and the company has net assets of £728.3 thousand. According to their latest financial statements, Swift Cars (South Wales) Limited has 6 employees and maintains cash reserves of £29.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Jan 2019 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 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 | 6 | 5 | 5 | 3 | 3 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Jan 2019 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,787 | 2,979 | 4,976 | 8,305 | 10,167 | 12,108 | 16,585 | 12,808 | 3,084 | 3,646 | 1,139 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 320,000 | 75,000 | 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 | 321,787 | 77,979 | 4,976 | 8,305 | 10,167 | 12,108 | 16,585 | 12,808 | 3,084 | 3,646 | 1,139 |
Stock & work in progress | 600,000 | 620,000 | 565,567 | 397,872 | 0 | 0 | 161,057 | 204,518 | 115,873 | 77,305 | 32,625 |
Trade Debtors | 0 | 0 | 0 | 5,120 | 327,044 | 398,517 | 3,000 | 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 | 29,592 | 61,829 | 70,326 | 94,016 | 0 | 0 | 0 | 0 | 0 | 14,577 | 14,445 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 629,592 | 681,829 | 635,893 | 497,008 | 327,044 | 398,517 | 164,057 | 204,518 | 115,873 | 91,882 | 47,070 |
total assets | 951,379 | 759,808 | 640,869 | 505,313 | 337,211 | 410,625 | 180,642 | 217,326 | 118,957 | 95,528 | 48,209 |
Bank overdraft | 10,000 | 13,517 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 4,018 | 4,017 | 144,981 | 102,613 | 72,411 | 130,698 | 81,543 | 125,481 | 48,635 | 52,641 | 38,022 |
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 | 199,631 | 140,174 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 213,649 | 157,708 | 144,981 | 102,613 | 72,411 | 130,698 | 81,543 | 125,481 | 48,635 | 52,641 | 38,022 |
loans | 9,396 | 19,396 | 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 | 93,947 | 204,177 | 154,129 | 180,116 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 9,396 | 19,396 | 93,947 | 204,177 | 154,129 | 180,116 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 223,045 | 177,104 | 238,928 | 306,790 | 226,540 | 310,814 | 81,543 | 125,481 | 48,635 | 52,641 | 38,022 |
net assets | 728,334 | 582,704 | 401,941 | 198,523 | 110,671 | 99,811 | 99,099 | 91,845 | 70,322 | 42,887 | 10,187 |
total shareholders funds | 728,334 | 582,704 | 401,941 | 198,523 | 110,671 | 99,811 | 99,099 | 91,845 | 70,322 | 42,887 | 10,187 |
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Jan 2019 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | |||||||||||
Depreciation | 1,192 | 1,997 | 3,329 | 0 | 1,941 | 4,515 | 3,859 | 562 | 993 | 201 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | |||||||||||
Stock | -20,000 | 54,433 | 167,695 | 397,872 | 0 | 0 | -43,461 | 88,645 | 38,568 | 44,680 | 32,625 |
Debtors | 0 | 0 | -5,120 | -321,924 | 327,044 | 398,517 | 3,000 | 0 | 0 | 0 | 0 |
Creditors | 1 | -140,964 | 42,368 | 30,202 | 72,411 | 130,698 | -43,938 | 76,846 | -4,006 | 14,619 | 38,022 |
Accruals and Deferred Income | 59,457 | 140,174 | 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 | 245,000 | 75,000 | 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 | -10,000 | 19,396 | 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 | -93,947 | -110,230 | 50,048 | 154,129 | 180,116 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | -32,237 | -8,497 | -23,690 | 94,016 | 0 | 0 | 0 | 0 | -14,577 | 132 | 14,445 |
overdraft | -3,517 | 13,517 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -28,720 | -22,014 | -23,690 | 94,016 | 0 | 0 | 0 | 0 | -14,577 | 132 | 14,445 |
swift cars (south wales) limited Credit Report and Business Information
Swift Cars (south Wales) Limited Competitor Analysis
Perform a competitor analysis for swift cars (south wales) 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 NP12 area or any other competitors across 12 key performance metrics.
swift cars (south wales) limited Ownership
SWIFT CARS (SOUTH WALES) LIMITED group structure
Swift Cars (South Wales) Limited has no subsidiary companies.
Ultimate parent company
SWIFT CARS (SOUTH WALES) LIMITED
08306320
swift cars (south wales) limited directors
Swift Cars (South Wales) Limited currently has 1 director, Mr Jamie Jones serving since Nov 2012.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jamie Jones | United Kingdom | 37 years | Nov 2012 | - | Director |
P&L
November 2023turnover
2m
-2%
operating profit
194.7k
0%
gross margin
11.5%
-0.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
728.3k
+0.25%
total assets
951.4k
+0.25%
cash
29.6k
-0.52%
net assets
Total assets minus all liabilities
swift cars (south wales) limited company details
company number
08306320
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
November 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
rear of arrow ford, pontllanfraith, blackwood, NP12 2JG
Bank
-
Legal Advisor
-
swift cars (south wales) 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 found 1 charges/mortgages relating to swift cars (south wales) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
swift cars (south wales) 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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swift cars (south wales) limited Companies House Filings - See Documents
date | description | view/download |
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