Pomanda estimates the enterprise value of RAC CARS LIMITED at £774.6k based on a Turnover of £554k and 1.4x industry multiple (adjusted for size and gross margin).
rac cars limitedEstimated Valuation
£3.4m
Pomanda estimates the enterprise value of RAC CARS LIMITED at £3.4m based on an EBITDA of £452k and a 7.53x industry multiple (adjusted for size and gross margin).
rac cars limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of RAC CARS LIMITED at £0 based on Net Assets of £-4.7m and 2.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Rac Cars LimitedOverview
Rac Cars Limited is a live company located in west midlands, WS5 4AW with a Companies House number of 08370931. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in January 2013, it's largest shareholder is
rac group ltd
with a 100% stake. Rac Cars Limited is a established,
small sized company, Pomanda has estimated its turnover at
£554k with
high
growth in recent years.
Pomanda's financial health check has awarded Rac Cars Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
1 Regular
3 Weak
Size
annual sales of £554k, make it smaller than the average company (£1.2m)
£554k - Rac Cars Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (8%)
28% - Rac Cars Limited
8% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (42%)
100% - Rac Cars Limited
42% - Industry AVG
Profitability
an operating margin of 81.6% make it more profitable than the average company (6.4%)
81.6% - Rac Cars Limited
6.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (15)
3 - Rac Cars Limited
15 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Rac Cars Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £184.7k, this is more efficient (£104.2k)
£184.7k - Rac Cars Limited
£104.2k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is near the average (31 days)
32 days - Rac Cars Limited
31 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Rac Cars Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rac Cars Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rac Cars Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5185.9%, this is a higher level of debt than the average (48.3%)
5185.9% - Rac Cars Limited
48.3% - Industry AVG
RAC CARS LIMITED financials
EXPORT
Rac Cars Limited's latest turnover from December 2023 is £554 thousand and the company has net assets of -£4.7 million. According to their latest financial statements, we estimate that Rac Cars Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Turnover
554,000
259,000
308,000
265,000
225,000
219,000
479,000
393,000
326,000
357,466
246,272
Other Income Or Grants
Cost Of Sales
8,000
193,000
297,000
1,221,000
282,553
193,143
Gross Profit
554,000
259,000
308,000
265,000
217,000
219,000
286,000
96,000
-895,000
74,913
53,129
Admin Expenses
102,000
50,446
45,082
39,092
41,706
153,590
367,020
559,020
951,252
1,730,255
1,709,254
Operating Profit
452,000
208,554
262,918
225,908
175,294
65,410
-81,020
-463,020
-1,846,252
-1,655,342
-1,656,125
Interest Payable
39,000
26,000
Interest Receivable
343
125
Pre-Tax Profit
455,000
211,000
251,000
220,000
176,000
43,000
-101,000
-558,000
-2,323,000
-1,694,000
-1,682,000
Tax
-116,000
-42,000
-38,000
-37,000
-34,000
10,000
20,000
95,000
464,000
Profit After Tax
339,000
169,000
213,000
183,000
142,000
53,000
-81,000
-463,000
-1,859,000
-1,694,000
-1,682,000
Dividends Paid
Retained Profit
339,000
169,000
213,000
183,000
142,000
53,000
-81,000
-463,000
-1,859,000
-1,694,000
-1,682,000
Employee Costs
55,913
55,075
Number Of Employees
3
2
2
2
2
2
3
3
2
2
2
EBITDA*
452,000
208,554
262,918
225,908
203,294
115,410
-35,020
-351,020
-1,206,252
-1,015,342
-1,106,125
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Tangible Assets
1,000
2,000
5,000
9,000
13,000
Intangible Assets
28,000
77,000
122,000
98,000
729,000
1,365,000
Investments & Other
22,000
34,000
41,000
38,000
41,000
51,000
49,000
60,000
21,000
Debtors (Due After 1 year)
Total Fixed Assets
22,000
34,000
41,000
38,000
41,000
79,000
127,000
184,000
124,000
738,000
1,378,000
Stock & work in progress
Trade Debtors
49,000
77,000
28,000
29,000
49,000
50,000
59,000
82,000
1,000
63,000
42,000
Group Debtors
19,000
Misc Debtors
21,000
22,000
26,000
25,000
20,000
34,000
82,000
88,000
954,000
1,034,000
604,000
Cash
5,000
31,000
4,000
6,000
2,000
14,000
87,000
50,000
misc current assets
total current assets
70,000
99,000
59,000
85,000
73,000
103,000
147,000
172,000
969,000
1,184,000
696,000
total assets
92,000
133,000
100,000
123,000
114,000
182,000
274,000
356,000
1,093,000
1,922,000
2,074,000
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
4,597,000
5,092,000
5,232,000
5,475,000
5,662,000
5,904,000
6,013,000
5,962,000
6,171,000
4,732,000
2,745,000
other short term finances
400,000
400,000
hp & lease commitments
other current liabilities
174,000
59,000
55,000
48,000
35,000
3,000
39,000
91,000
156,000
165,000
210,000
total current liabilities
4,771,000
5,151,000
5,287,000
5,523,000
5,697,000
5,907,000
6,052,000
6,053,000
6,327,000
5,297,000
3,355,000
loans
400,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
400,000
total liabilities
4,771,000
5,151,000
5,287,000
5,523,000
5,697,000
5,907,000
6,052,000
6,053,000
6,327,000
5,297,000
3,755,000
net assets
-4,679,000
-5,018,000
-5,187,000
-5,400,000
-5,583,000
-5,725,000
-5,778,000
-5,697,000
-5,234,000
-3,375,000
-1,681,000
total shareholders funds
-4,679,000
-5,018,000
-5,187,000
-5,400,000
-5,583,000
-5,725,000
-5,778,000
-5,697,000
-5,234,000
-3,375,000
-1,681,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Operating Activities
Operating Profit
452,000
208,554
262,918
225,908
175,294
65,410
-81,020
-463,020
-1,846,252
-1,655,342
-1,656,125
Depreciation
1,000
1,000
3,000
4,000
4,000
22,000
Amortisation
28,000
49,000
45,000
109,000
636,000
636,000
528,000
Tax
-116,000
-42,000
-38,000
-37,000
-34,000
10,000
20,000
95,000
464,000
Stock
Debtors
-29,000
45,000
-15,000
-34,000
-38,000
-29,000
-785,000
-142,000
451,000
646,000
Creditors
Accruals and Deferred Income
115,000
4,000
7,000
13,000
32,000
-36,000
-52,000
-65,000
-9,000
-45,000
210,000
Deferred Taxes & Provisions
Cash flow from operations
480,000
125,554
231,918
216,908
235,294
127,410
-38,020
463,980
-609,252
-1,511,342
-1,542,125
Investing Activities
capital expenditure
-133,000
-5,000
-1,928,000
Change in Investments
-12,000
-7,000
3,000
-3,000
-10,000
2,000
-11,000
39,000
21,000
cash flow from investments
12,000
7,000
-3,000
3,000
10,000
-2,000
11,000
-172,000
-26,000
-1,928,000
Financing Activities
Bank loans
Group/Directors Accounts
-495,000
-140,000
-243,000
-187,000
-242,000
-109,000
51,000
-209,000
1,439,000
1,987,000
2,745,000
Other Short Term Loans
-400,000
400,000
Long term loans
-400,000
400,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1,000
interest
-38,657
-25,875
cash flow from financing
-495,000
-140,000
-243,000
-187,000
-242,000
-109,000
51,000
-209,000
1,039,000
1,548,343
3,520,125
cash and cash equivalents
cash
-5,000
-26,000
27,000
4,000
-6,000
4,000
-12,000
-73,000
37,000
50,000
overdraft
change in cash
-5,000
-26,000
27,000
4,000
-6,000
4,000
-12,000
-73,000
37,000
50,000
rac cars limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for rac cars limited. Get real-time insights into rac cars limited's credit score, group structure and payment trends.
Perform a competitor analysis for rac cars limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in WS5 area or any other competitors across 12 key performance metrics.
rac house brockhurst crescent, walsall, west midlands, WS5 4AW
Bank
-
Legal Advisor
-
rac cars 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 rac cars limited.
rac cars 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 RAC CARS LIMITED. This can take several minutes, an email will notify you when this has completed.
rac cars limitedCompanies House Filings - See Documents
