highline motors ltd
highline motors ltd Company Information
Company Number
08488309
Website
-Registered Address
2-3 winckley court, chapel street, preston, PR1 8BU
Industry
Sale of new cars and light motor vehicles
Telephone
-
Next Accounts Due
1912 days late
Group Structure
View All
Directors
Salik Mirza11 Years
Shareholders
salik arshad mirza 100%
highline motors ltd Estimated Valuation
The estimated valuation range for highline motors ltd, derived from financial data as of April 2017 and the most recent industry multiples, is between £2.4m to £4.1m
highline motors ltd Estimated Valuation
The estimated valuation range for highline motors ltd, derived from financial data as of April 2017 and the most recent industry multiples, is between £2.4m to £4.1m
highline motors ltd Estimated Valuation
The estimated valuation range for highline motors ltd, derived from financial data as of April 2017 and the most recent industry multiples, is between £2.4m to £4.1m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Highline Motors Ltd AI Business Plan
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Highline Motors Ltd Overview
Highline Motors Ltd is a live company located in preston, PR1 8BU with a Companies House number of 08488309. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in April 2013, it's largest shareholder is salik arshad mirza with a 100% stake. Highline Motors Ltd is a established, mid sized company, Pomanda has estimated its turnover at £6.8m with rapid growth in recent years.
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Highline Motors Ltd Health Check
Pomanda's financial health check has awarded Highline Motors Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £6.8m, make it smaller than the average company (£36.5m)
£6.8m - Highline Motors Ltd
£36.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 165%, show it is growing at a faster rate (8.7%)
- Highline Motors Ltd
8.7% - Industry AVG
Production
with a gross margin of 16.4%, this company has a lower cost of product (9.8%)
16.4% - Highline Motors Ltd
9.8% - Industry AVG
Profitability
an operating margin of 12.5% make it more profitable than the average company (1.4%)
12.5% - Highline Motors Ltd
1.4% - Industry AVG
Employees
with 15 employees, this is below the industry average (85)
- Highline Motors Ltd
85 - Industry AVG
Pay Structure
on an average salary of £11.1k, the company has a lower pay structure (£29.3k)
- Highline Motors Ltd
£29.3k - Industry AVG
Efficiency
resulting in sales per employee of £456.7k, this is equally as efficient (£460.2k)
- Highline Motors Ltd
£460.2k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (7 days)
39 days - Highline Motors Ltd
7 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (34 days)
2 days - Highline Motors Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 30 days, this is less than average (57 days)
30 days - Highline Motors Ltd
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (3 weeks)
51 weeks - Highline Motors Ltd
3 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 (74.9%)
23.4% - Highline Motors Ltd
74.9% - Industry AVG
highline motors ltd Credit Report and Business Information
Highline Motors Ltd Competitor Analysis
Perform a competitor analysis for highline motors ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
highline motors ltd Ownership
HIGHLINE MOTORS LTD group structure
Highline Motors Ltd has no subsidiary companies.
Ultimate parent company
HIGHLINE MOTORS LTD
08488309
highline motors ltd directors
Highline Motors Ltd currently has 1 director, Mr Salik Mirza serving since Apr 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Salik Mirza | 40 years | Apr 2013 | - | Director |
HIGHLINE MOTORS LTD financials
Highline Motors Ltd's latest turnover from April 2017 is £6.8 million and the company has net assets of £1.2 million. According to their latest financial statements, we estimate that Highline Motors Ltd has 15 employees and maintains cash reserves of £377.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|
| Turnover | 6,849,959 | 5,124,151 | ||
| Other Income Or Grants | 0 | 0 | ||
| Cost Of Sales | 5,729,959 | 4,264,785 | ||
| Gross Profit | 1,120,000 | 859,366 | ||
| Admin Expenses | 260,701 | 233,714 | ||
| Operating Profit | 859,299 | 625,652 | ||
| Interest Payable | ||||
| Interest Receivable | 0 | 0 | ||
| Pre-Tax Profit | 859,299 | 625,652 | ||
| Tax | -165,195 | -95,142 | ||
| Profit After Tax | 694,104 | 530,510 | ||
| Dividends Paid | 50,000 | 0 | ||
| Retained Profit | 644,104 | 530,510 | ||
| Employee Costs | 166,511 | 142,197 | ||
| Number Of Employees | ||||
| EBITDA* | 868,748 | 637,917 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|
| Tangible Assets | 32,339 | 41,788 | 20,368 | 20,368 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 10,701 | 1,300 |
| Total Fixed Assets | 32,339 | 41,788 | 31,069 | 21,668 |
| Stock & work in progress | 473,520 | 336,216 | 48,825 | 43,500 |
| Trade Debtors | 746,073 | 226,878 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 377,435 | 113,687 | 71,574 | 18,563 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 1,597,028 | 676,781 | 120,399 | 62,063 |
| total assets | 1,629,367 | 718,569 | 151,468 | 83,731 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 37,468 | 6,521 | 0 | 53,599 |
| Group/Directors Accounts | 1,540 | 2,471 | 0 | 0 |
| other short term finances | 160,635 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 181,037 | 104,994 | 0 | 0 |
| total current liabilities | 380,680 | 113,986 | 0 | 53,599 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 47,264 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 47,264 | 0 |
| total liabilities | 380,680 | 113,986 | 47,264 | 53,599 |
| net assets | 1,248,687 | 604,583 | 104,204 | 30,132 |
| total shareholders funds | 1,248,687 | 604,583 | 104,204 | 30,132 |
| Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 859,299 | 625,652 | ||
| Depreciation | 9,449 | 12,265 | 0 | 1,875 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | -165,195 | -95,142 | ||
| Stock | 137,304 | 287,391 | 5,325 | 43,500 |
| Debtors | 519,195 | 216,177 | 9,401 | 1,300 |
| Creditors | 30,947 | 6,521 | -53,599 | 53,599 |
| Accruals and Deferred Income | 76,043 | 104,994 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | 154,044 | 150,722 | ||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -931 | 2,471 | 0 | 0 |
| Other Short Term Loans | 160,635 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -47,264 | 47,264 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 263,748 | 42,113 | 53,011 | 18,563 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 263,748 | 42,113 | 53,011 | 18,563 |
P&L
April 2017turnover
6.8m
+34%
operating profit
859.3k
+37%
gross margin
16.4%
-2.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2017net assets
1.2m
+1.07%
total assets
1.6m
+1.27%
cash
377.4k
+2.32%
net assets
Total assets minus all liabilities
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highline motors ltd company details
company number
08488309
Type
Private limited with Share Capital
industry
45111 - Sale of new cars and light motor vehicles
incorporation date
April 2013
age
11
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
2-3 winckley court, chapel street, preston, PR1 8BU
last accounts submitted
April 2017
highline motors ltd 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 highline motors ltd.
highline motors ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
