swift cars (south wales) limited

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swift cars (south wales) limited Company Information

Share SWIFT CARS (SOUTH WALES) LIMITED

Company Number

08306320

Directors

Jamie Jones

Shareholders

jamie hywel jones

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

swift cars (south wales) limited Estimated Valuation

£627.6k

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

£796k

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

£2.1m

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

Health Check Image
Health Rating4out of 5
positive_score

2 Strong

positive_score

6 Regular

positive_score

3 Weak

size

Size

annual sales of £2m, make it in line with the average company (£2.1m)

£2m - Swift Cars (south Wales) Limited

£2.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.5%)

11% - Swift Cars (south Wales) Limited

9.5% - Industry AVG

production

Production

with a gross margin of 11.5%, this company has a comparable cost of product (11.5%)

11.5% - Swift Cars (south Wales) Limited

11.5% - Industry AVG

profitability

Profitability

an operating margin of 9.6% make it more profitable than the average company (2.7%)

9.6% - Swift Cars (south Wales) Limited

2.7% - Industry AVG

employees

Employees

with 6 employees, this is similar to the industry average (7)

6 - Swift Cars (south Wales) Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)

£32.6k - Swift Cars (south Wales) Limited

£32.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £337.2k, this is less efficient (£415.4k)

£337.2k - Swift Cars (south Wales) Limited

£415.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Swift Cars (south Wales) Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (15 days)

0 days - Swift Cars (south Wales) Limited

15 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 122 days, this is more than average (67 days)

122 days - Swift Cars (south Wales) Limited

67 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Jan 2019Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013
Turnover2,023,0222,057,4262,695,0831,475,1774,894,25910,037,459993,2221,746,553771,756688,007389,188
Other Income Or Grants00000000000
Cost Of Sales1,790,4611,820,4082,403,3871,299,7224,328,9748,877,890878,7591,537,404668,378603,731343,426
Gross Profit232,561237,018291,697175,455565,2851,159,568114,464209,149103,37884,27745,762
Admin Expenses37,84514,35540,64667,044428,6541,036,345105,508182,24569,12142,95732,570
Operating Profit194,716222,663251,051108,411136,631123,2238,95626,90434,25741,32013,192
Interest Payable2,9421,481000000000
Interest Receivable2,4001,98282470000367336
Pre-Tax Profit194,173223,164251,133108,458136,631123,2238,95626,90434,29441,39213,229
Tax-48,543-42,401-47,715-20,607-25,960-23,412-1,702-5,381-6,859-8,692-3,043
Profit After Tax145,630180,763203,41887,851110,67199,8117,25421,52327,43532,70010,186
Dividends Paid00000000000
Retained Profit145,630180,763203,41887,851110,67199,8117,25421,52327,43532,70010,186
Employee Costs195,784156,876149,73386,78686,888634,02683,486111,36252,56049,89649,785
Number Of Employees655332234222
EBITDA*195,908224,660254,380108,411138,572123,22313,47130,76334,81942,31313,393

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Jan 2019Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013
Tangible Assets1,7872,9794,9768,30510,16712,10816,58512,8083,0843,6461,139
Intangible Assets00000000000
Investments & Other320,00075,000000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets321,78777,9794,9768,30510,16712,10816,58512,8083,0843,6461,139
Stock & work in progress600,000620,000565,567397,87200161,057204,518115,87377,30532,625
Trade Debtors0005,120327,044398,5173,0000000
Group Debtors00000000000
Misc Debtors00000000000
Cash29,59261,82970,32694,0160000014,57714,445
misc current assets00000000000
total current assets629,592681,829635,893497,008327,044398,517164,057204,518115,87391,88247,070
total assets951,379759,808640,869505,313337,211410,625180,642217,326118,95795,52848,209
Bank overdraft10,00013,517000000000
Bank loan00000000000
Trade Creditors 4,0184,017144,981102,61372,411130,69881,543125,48148,63552,64138,022
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities199,631140,174000000000
total current liabilities213,649157,708144,981102,61372,411130,69881,543125,48148,63552,64138,022
loans9,39619,396000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities0093,947204,177154,129180,11600000
provisions00000000000
total long term liabilities9,39619,39693,947204,177154,129180,11600000
total liabilities223,045177,104238,928306,790226,540310,81481,543125,48148,63552,64138,022
net assets728,334582,704401,941198,523110,67199,81199,09991,84570,32242,88710,187
total shareholders funds728,334582,704401,941198,523110,67199,81199,09991,84570,32242,88710,187
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Jan 2019Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013
Operating Activities
Operating Profit194,716222,663251,051108,411136,631123,2238,95626,90434,25741,32013,192
Depreciation1,1921,9973,32901,94104,5153,859562993201
Amortisation00000000000
Tax-48,543-42,401-47,715-20,607-25,960-23,412-1,702-5,381-6,859-8,692-3,043
Stock-20,00054,433167,695397,87200-43,46188,64538,56844,68032,625
Debtors00-5,120-321,924327,044398,5173,0000000
Creditors1-140,96442,36830,20272,411130,698-43,93876,846-4,00614,61938,022
Accruals and Deferred Income59,457140,174000000000
Deferred Taxes & Provisions00000000000
Cash flow from operations226,823127,03686,45842,058-142,021-168,0088,29213,583-14,6143,56015,747
Investing Activities
capital expenditure0001,862-12,108-12,108-8,292-13,5830-3,500-1,340
Change in Investments245,00075,000000000000
cash flow from investments-245,000-75,00001,862-12,108-12,108-8,292-13,5830-3,500-1,340
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans-10,00019,396000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities0-93,947-110,23050,048154,129180,11600000
share issue00010000001
interest-54250182470000367336
cash flow from financing-10,542-74,050-110,14850,096154,129180,11600367337
cash and cash equivalents
cash-32,237-8,497-23,69094,0160000-14,57713214,445
overdraft-3,51713,517000000000
change in cash-28,720-22,014-23,69094,0160000-14,57713214,445

swift cars (south wales) 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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Swift Cars (south Wales) Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

jamie hywel jones 100%

swift cars (south wales) limited directors

Swift Cars (South Wales) Limited currently has 1 director, Mr Jamie Jones serving since Nov 2012.

officercountryagestartendrole
Mr Jamie JonesUnited Kingdom37 years Nov 2012- Director

P&L

November 2023

turnover

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 2023

net 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

None

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

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