fleet and vehicle contracts limited
fleet and vehicle contracts limited Company Information
Group Structure
View All
Industry
Maintenance and repair of motor vehicles
Registered Address
highfield house astwith close, holmewood, chesterfield, S42 5UR
Website
-fleet and vehicle contracts limited Estimated Valuation
Pomanda estimates the enterprise value of FLEET AND VEHICLE CONTRACTS LIMITED at £316.7k based on a Turnover of £881.5k and 0.36x industry multiple (adjusted for size and gross margin).
fleet and vehicle contracts limited Estimated Valuation
Pomanda estimates the enterprise value of FLEET AND VEHICLE CONTRACTS LIMITED at £3.1m based on an EBITDA of £582.2k and a 5.36x industry multiple (adjusted for size and gross margin).
fleet and vehicle contracts limited Estimated Valuation
Pomanda estimates the enterprise value of FLEET AND VEHICLE CONTRACTS LIMITED at £717.2k based on Net Assets of £253k and 2.84x industry multiple (adjusted for liquidity).
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Fleet And Vehicle Contracts Limited Overview
Fleet And Vehicle Contracts Limited is a live company located in chesterfield, S42 5UR with a Companies House number of 08351785. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in January 2013, it's largest shareholder is ccm holding limited with a 100% stake. Fleet And Vehicle Contracts Limited is a established, small sized company, Pomanda has estimated its turnover at £881.5k with low growth in recent years.
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Fleet And Vehicle Contracts Limited Health Check
Pomanda's financial health check has awarded Fleet And Vehicle Contracts Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £881.5k, make it larger than the average company (£424.4k)
£881.5k - Fleet And Vehicle Contracts Limited
£424.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8.2%)
- Fleet And Vehicle Contracts Limited
8.2% - Industry AVG
Production
with a gross margin of 68.9%, this company has a lower cost of product (35.5%)
68.9% - Fleet And Vehicle Contracts Limited
35.5% - Industry AVG
Profitability
an operating margin of -14.4% make it less profitable than the average company (5.7%)
-14.4% - Fleet And Vehicle Contracts Limited
5.7% - Industry AVG
Employees
with 9 employees, this is above the industry average (6)
- Fleet And Vehicle Contracts Limited
6 - Industry AVG
Pay Structure
on an average salary of £27.6k, the company has an equivalent pay structure (£27.6k)
- Fleet And Vehicle Contracts Limited
£27.6k - Industry AVG
Efficiency
resulting in sales per employee of £97.9k, this is equally as efficient (£99k)
- Fleet And Vehicle Contracts Limited
£99k - Industry AVG
Debtor Days
it gets paid by customers after 143 days, this is later than average (35 days)
143 days - Fleet And Vehicle Contracts Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (43 days)
3 days - Fleet And Vehicle Contracts Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 382 days, this is more than average (24 days)
382 days - Fleet And Vehicle Contracts Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Fleet And Vehicle Contracts Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94%, this is a higher level of debt than the average (67%)
94% - Fleet And Vehicle Contracts Limited
67% - Industry AVG
FLEET AND VEHICLE CONTRACTS LIMITED financials
Fleet And Vehicle Contracts Limited's latest turnover from November 2023 is £881.5 thousand and the company has net assets of £253 thousand. According to their latest financial statements, we estimate that Fleet And Vehicle Contracts Limited has 9 employees and maintains cash reserves of £13.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 881,485 | 1,040,212 | |||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 274,270 | 506,755 | |||||||||
| Gross Profit | 607,215 | 533,457 | 197,149 | 98,472 | |||||||
| Admin Expenses | 734,507 | 334,313 | 155,059 | 133,966 | |||||||
| Operating Profit | -127,292 | 199,144 | 42,090 | -35,494 | |||||||
| Interest Payable | 106,883 | 38,104 | 13,595 | 6,647 | |||||||
| Interest Receivable | 454 | ||||||||||
| Pre-Tax Profit | -233,721 | 161,040 | 28,495 | -42,141 | |||||||
| Tax | 90,073 | -21,596 | -40,368 | ||||||||
| Profit After Tax | -233,721 | 251,113 | 6,899 | -82,509 | |||||||
| Dividends Paid | |||||||||||
| Retained Profit | -233,721 | 251,113 | 6,899 | -82,509 | |||||||
| Employee Costs | |||||||||||
| Number Of Employees | |||||||||||
| EBITDA* | 582,193 | 529,789 | 162,834 | 36,104 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,933,291 | 2,045,597 | 485,571 | 372,646 | 147,942 | 60,743 | 45,545 | 6,206 | 8,275 | 12,412 | |
| Intangible Assets | |||||||||||
| Investments & Other | 117,500 | 125,000 | 110,000 | 91,263 | |||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 2,933,291 | 2,045,597 | 485,571 | 372,646 | 147,942 | 178,243 | 170,545 | 116,206 | 99,538 | 12,412 | |
| Stock & work in progress | 287,500 | ||||||||||
| Trade Debtors | 347,267 | 63,951 | 139,935 | 84,582 | 171,014 | 120,144 | 75,297 | 12,751 | 6,216 | 21,394 | 4,040 |
| Group Debtors | 91,150 | 420,600 | |||||||||
| Misc Debtors | 524,089 | 320,174 | |||||||||
| Cash | 13,747 | 15,233 | 107,956 | 150,523 | 46,426 | 36,378 | 72,038 | 30,964 | 8,006 | 17,796 | 27,068 |
| misc current assets | |||||||||||
| total current assets | 1,263,753 | 819,958 | 247,891 | 235,105 | 217,440 | 156,522 | 147,335 | 43,715 | 14,222 | 39,190 | 31,108 |
| total assets | 4,197,044 | 2,865,555 | 733,462 | 607,751 | 365,382 | 334,765 | 317,880 | 159,921 | 113,760 | 51,602 | 31,108 |
| Bank overdraft | 18,846 | 18,496 | |||||||||
| Bank loan | |||||||||||
| Trade Creditors | 2,393 | 280,178 | 133,817 | 126,729 | 53,691 | 50,516 | 54,427 | 40,760 | 36,487 | 24,619 | 22,064 |
| Group/Directors Accounts | 866,183 | 205,919 | |||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 970,980 | 564,307 | |||||||||
| total current liabilities | 1,858,402 | 1,068,900 | 133,817 | 126,729 | 53,691 | 50,516 | 54,427 | 40,760 | 36,487 | 24,619 | 22,064 |
| loans | 21,957 | 41,341 | 78,170 | 54,910 | |||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 2,063,718 | 1,268,626 | 273,997 | 269,049 | 123,429 | 117,699 | 56,201 | 21,162 | 60,984 | ||
| provisions | 90,073 | 68,477 | 28,109 | 15,572 | 14,109 | 4,641 | 1,655 | ||||
| total long term liabilities | 2,085,675 | 1,309,967 | 364,070 | 337,526 | 151,538 | 133,271 | 148,480 | 80,713 | 62,639 | ||
| total liabilities | 3,944,077 | 2,378,867 | 497,887 | 464,255 | 205,229 | 183,787 | 202,907 | 121,473 | 99,126 | 24,619 | 22,064 |
| net assets | 252,967 | 486,688 | 235,575 | 143,496 | 160,153 | 150,978 | 114,973 | 38,448 | 14,634 | 26,983 | 9,044 |
| total shareholders funds | 252,967 | 486,688 | 235,575 | 143,496 | 160,153 | 150,978 | 114,973 | 38,448 | 14,634 | 26,983 | 9,044 |
| Nov 2023 | Nov 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -127,292 | 199,144 | 42,090 | -35,494 | |||||||
| Depreciation | 709,485 | 330,645 | 120,744 | 71,598 | 49,316 | 20,248 | 15,182 | 2,069 | 4,137 | 4,138 | |
| Amortisation | |||||||||||
| Tax | 90,073 | -21,596 | -40,368 | ||||||||
| Stock | 287,500 | ||||||||||
| Debtors | 157,781 | 664,790 | 55,353 | -86,432 | 50,870 | 44,847 | 62,546 | 6,535 | -15,178 | 17,354 | 4,040 |
| Creditors | -277,785 | 146,361 | 7,088 | 73,038 | 3,175 | -3,911 | 13,667 | 4,273 | 11,868 | 2,555 | 22,064 |
| Accruals and Deferred Income | 406,673 | 564,307 | |||||||||
| Deferred Taxes & Provisions | -90,073 | 21,596 | 40,368 | 12,537 | 1,463 | 9,468 | 2,986 | 1,655 | |||
| Cash flow from operations | 265,800 | 575,667 | 114,569 | 195,574 | |||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | -117,500 | -7,500 | 15,000 | 18,737 | 91,263 | ||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | 660,264 | 205,919 | |||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | -19,384 | 41,341 | -78,170 | 23,260 | 54,910 | ||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | 795,092 | 994,629 | 4,948 | 145,620 | 5,730 | 61,498 | 35,039 | -39,822 | 60,984 | ||
| share issue | |||||||||||
| interest | -106,429 | -38,104 | -13,595 | -6,647 | |||||||
| cash flow from financing | 1,329,543 | 1,203,785 | 76,533 | 204,825 | |||||||
| cash and cash equivalents | |||||||||||
| cash | -1,486 | -92,723 | -42,567 | 104,097 | 10,048 | -35,660 | 41,074 | 22,958 | -9,790 | -9,272 | 27,068 |
| overdraft | 350 | 18,496 | |||||||||
| change in cash | -1,836 | -111,219 | -42,567 | 104,097 | 10,048 | -35,660 | 41,074 | 22,958 | -9,790 | -9,272 | 27,068 |
fleet and vehicle contracts limited Credit Report and Business Information
Fleet And Vehicle Contracts Limited Competitor Analysis
Perform a competitor analysis for fleet and vehicle contracts 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 S42 area or any other competitors across 12 key performance metrics.
fleet and vehicle contracts limited Ownership
FLEET AND VEHICLE CONTRACTS LIMITED group structure
Fleet And Vehicle Contracts Limited has 1 subsidiary company.
Ultimate parent company
1 parent
FLEET AND VEHICLE CONTRACTS LIMITED
08351785
1 subsidiary
fleet and vehicle contracts limited directors
Fleet And Vehicle Contracts Limited currently has 1 director, Mr Giles Allen serving since Jan 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Giles Allen | England | 38 years | Jan 2013 | - | Director |
P&L
November 2023turnover
881.5k
-15%
operating profit
-127.3k
-164%
gross margin
68.9%
+34.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
253k
-0.48%
total assets
4.2m
+0.46%
cash
13.7k
-0.1%
net assets
Total assets minus all liabilities
fleet and vehicle contracts limited company details
company number
08351785
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
MITCHELLS
auditor
-
address
highfield house astwith close, holmewood, chesterfield, S42 5UR
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
fleet and vehicle contracts 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 5 charges/mortgages relating to fleet and vehicle contracts limited. Currently there are 2 open charges and 3 have been satisfied in the past.
fleet and vehicle contracts 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 FLEET AND VEHICLE CONTRACTS LIMITED. This can take several minutes, an email will notify you when this has completed.
fleet and vehicle contracts limited Companies House Filings - See Documents
| date | description | view/download |
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