source any car limited
source any car limited Company Information
Company Number
08510210
Website
www.sourceanycar.comRegistered Address
unit 2 treefield industrial esta, gelderd road, leeds, LS27 7JU
Industry
Sale of used cars and light motor vehicles
Telephone
01132359449
Next Accounts Due
June 2024
Group Structure
View All
Directors
Michael Friel11 Years
Shareholders
michael john friel 100%
source any car limited Estimated Valuation
Pomanda estimates the enterprise value of SOURCE ANY CAR LIMITED at £136k based on a Turnover of £671.1k and 0.2x industry multiple (adjusted for size and gross margin).
source any car limited Estimated Valuation
Pomanda estimates the enterprise value of SOURCE ANY CAR LIMITED at £0 based on an EBITDA of £-107.9k and a 3.19x industry multiple (adjusted for size and gross margin).
source any car limited Estimated Valuation
Pomanda estimates the enterprise value of SOURCE ANY CAR LIMITED at £9.1k based on Net Assets of £3.4k and 2.7x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Source Any Car Limited Overview
Source Any Car Limited is a live company located in leeds, LS27 7JU with a Companies House number of 08510210. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in April 2013, it's largest shareholder is michael john friel with a 100% stake. Source Any Car Limited is a established, small sized company, Pomanda has estimated its turnover at £671.1k with declining growth in recent years.
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Source Any Car Limited Health Check
Pomanda's financial health check has awarded Source Any Car Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £671.1k, make it smaller than the average company (£2.5m)
- Source Any Car Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (6.6%)
- Source Any Car Limited
6.6% - Industry AVG
Production
with a gross margin of 11.5%, this company has a comparable cost of product (11.5%)
- Source Any Car Limited
11.5% - Industry AVG
Profitability
an operating margin of -16.3% make it less profitable than the average company (3.6%)
- Source Any Car Limited
3.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Source Any Car Limited
7 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Source Any Car Limited
£31k - Industry AVG
Efficiency
resulting in sales per employee of £671.1k, this is more efficient (£451.8k)
- Source Any Car Limited
£451.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (8 days)
- Source Any Car Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (15 days)
- Source Any Car Limited
15 days - Industry AVG
Stock Days
it holds stock equivalent to 174 days, this is more than average (63 days)
- Source Any Car Limited
63 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (11 weeks)
6 weeks - Source Any Car Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (67.6%)
99.3% - Source Any Car Limited
67.6% - Industry AVG
SOURCE ANY CAR LIMITED financials
Source Any Car Limited's latest turnover from September 2022 is estimated at £671.1 thousand and the company has net assets of £3.4 thousand. According to their latest financial statements, Source Any Car Limited has 1 employee and maintains cash reserves of £58.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 2 | 4 | 5 | 4 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,504 | 950 | 1,900 | 3,361 | 1,023 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 116,594 | 116,594 | 116,594 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 123,098 | 117,544 | 118,494 | 3,361 | 1,023 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 283,640 | 283,288 | 209,467 | 296,814 | 262,734 | 0 | 134,105 | 96,213 | 137,174 |
| Trade Debtors | 691 | 4,252 | 2,991 | 46,348 | 29,712 | 221,619 | 676 | 0 | 15,670 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,147 | 10,199 | 20,635 | 3,666 | 1,834 | 0 | 0 | 0 | 0 |
| Cash | 58,580 | 145,865 | 48,461 | 52,253 | 51,839 | 0 | 9,067 | 31,059 | 17,268 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 352,058 | 443,604 | 281,554 | 399,081 | 346,119 | 221,619 | 143,848 | 127,272 | 170,112 |
| total assets | 475,156 | 561,148 | 400,048 | 402,442 | 347,142 | 221,619 | 143,848 | 127,272 | 170,112 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 10,987 | 32,544 | 10,275 | 46,849 | 91,428 | 167,916 | 135,329 | 132,258 | 176,255 |
| Group/Directors Accounts | 382,800 | 321,800 | 255,800 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 78,016 | 96,037 | 41,311 | 275,595 | 170,777 | 0 | 0 | 0 | 0 |
| total current liabilities | 471,803 | 450,381 | 307,386 | 322,444 | 262,205 | 167,916 | 135,329 | 132,258 | 176,255 |
| loans | 0 | 0 | 28,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 750 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 639 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 28,000 | 639 | 0 | 750 | 0 | 0 | 0 |
| total liabilities | 471,803 | 450,381 | 335,386 | 323,083 | 262,205 | 168,666 | 135,329 | 132,258 | 176,255 |
| net assets | 3,353 | 110,767 | 64,662 | 79,359 | 84,937 | 52,953 | 8,519 | -4,986 | -6,143 |
| total shareholders funds | 3,353 | 110,767 | 64,662 | 79,359 | 84,937 | 52,953 | 8,519 | -4,986 | -6,143 |
| Sep 2022 | Sep 2021 | Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,855 | 950 | 1,462 | 1,462 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | 352 | 73,821 | -87,347 | 34,080 | 262,734 | -134,105 | 37,892 | -40,961 | 137,174 |
| Debtors | -4,613 | -9,175 | 90,206 | 18,468 | -190,073 | 220,943 | 676 | -15,670 | 15,670 |
| Creditors | -21,557 | 22,269 | -36,574 | -44,579 | -76,488 | 32,587 | 3,071 | -43,997 | 176,255 |
| Accruals and Deferred Income | -18,021 | 54,726 | -234,284 | 104,818 | 170,027 | 750 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -639 | 639 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 61,000 | 66,000 | 255,800 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -28,000 | 28,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -87,285 | 97,404 | -3,792 | 414 | 51,839 | -9,067 | -21,992 | 13,791 | 17,268 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -87,285 | 97,404 | -3,792 | 414 | 51,839 | -9,067 | -21,992 | 13,791 | 17,268 |
source any car limited Credit Report and Business Information
Source Any Car Limited Competitor Analysis
Perform a competitor analysis for source any car limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
source any car limited Ownership
SOURCE ANY CAR LIMITED group structure
Source Any Car Limited has no subsidiary companies.
Ultimate parent company
SOURCE ANY CAR LIMITED
08510210
source any car limited directors
Source Any Car Limited currently has 1 director, Mr Michael Friel serving since Apr 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Friel | England | 52 years | Apr 2013 | - | Director |
P&L
September 2022turnover
671.1k
-22%
operating profit
-109.7k
0%
gross margin
11.6%
+6.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
3.4k
-0.97%
total assets
475.2k
-0.15%
cash
58.6k
-0.6%
net assets
Total assets minus all liabilities
Similar Companies
source any car limited company details
company number
08510210
Type
Private limited with Share Capital
industry
45112 - Sale of used 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
unit 2 treefield industrial esta, gelderd road, leeds, LS27 7JU
last accounts submitted
September 2022
source any car 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 source any car limited.
source any car limited Companies House Filings - See Documents
| date | description | view/download |
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