j m autos glossop ltd

Live EstablishedMicro

j m autos glossop ltd Company Information

Share J M AUTOS GLOSSOP LTD

Company Number

08521839

Directors

Mark Rigby

Shareholders

mark rigby

Group Structure

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Industry

Sale of used cars and light motor vehicles

 +1

Registered Address

312 ripponden road, oldham, OL4 2NY

Website

-

j m autos glossop ltd Estimated Valuation

£27.4k

Pomanda estimates the enterprise value of J M AUTOS GLOSSOP LTD at £27.4k based on a Turnover of £132.2k and 0.21x industry multiple (adjusted for size and gross margin).

j m autos glossop ltd Estimated Valuation

£23.2k

Pomanda estimates the enterprise value of J M AUTOS GLOSSOP LTD at £23.2k based on an EBITDA of £7.3k and a 3.16x industry multiple (adjusted for size and gross margin).

j m autos glossop ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of J M AUTOS GLOSSOP LTD at £0 based on Net Assets of £-10.2k and 2.78x industry multiple (adjusted for liquidity).

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J M Autos Glossop Ltd Overview

J M Autos Glossop Ltd is a live company located in oldham, OL4 2NY with a Companies House number of 08521839. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in May 2013, it's largest shareholder is mark rigby with a 100% stake. J M Autos Glossop Ltd is a established, micro sized company, Pomanda has estimated its turnover at £132.2k with unknown growth in recent years.

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J M Autos Glossop Ltd Health Check

Pomanda's financial health check has awarded J M Autos Glossop Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £132.2k, make it smaller than the average company (£1.2m)

£132.2k - J M Autos Glossop Ltd

£1.2m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - J M Autos Glossop Ltd

- - Industry AVG

production

Production

with a gross margin of 15%, this company has a higher cost of product (23.8%)

15% - J M Autos Glossop Ltd

23.8% - Industry AVG

profitability

Profitability

an operating margin of 5.5% make it more profitable than the average company (4.3%)

5.5% - J M Autos Glossop Ltd

4.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - J M Autos Glossop Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.3k, the company has an equivalent pay structure (£29.3k)

£29.3k - J M Autos Glossop Ltd

£29.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £132.2k, this is less efficient (£256.5k)

£132.2k - J M Autos Glossop Ltd

£256.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 33 days, this is later than average (24 days)

33 days - J M Autos Glossop Ltd

24 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 124 days, this is slower than average (29 days)

124 days - J M Autos Glossop Ltd

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - J M Autos Glossop Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is average cash available to meet short term requirements (11 weeks)

10 weeks - J M Autos Glossop Ltd

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 126.8%, this is a higher level of debt than the average (69.5%)

126.8% - J M Autos Glossop Ltd

69.5% - Industry AVG

J M AUTOS GLOSSOP LTD financials

EXPORTms excel logo

J M Autos Glossop Ltd's latest turnover from July 2023 is estimated at £132.2 thousand and the company has net assets of -£10.2 thousand. According to their latest financial statements, we estimate that J M Autos Glossop Ltd has 1 employee and maintains cash reserves of £8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020May 2019May 2018May 2017May 2016May 2015May 2014
Turnover132,191130,568119,099141,667737885999
Other Income Or Grants
Cost Of Sales112,411111,538102,527120,110617735818
Gross Profit19,78119,03016,57221,557120150181
Admin Expenses12,45737,12614,26910021,55712015056
Operating Profit7,324-18,0962,303-100125
Interest Payable
Interest Receivable345904
Pre-Tax Profit7,669-18,0062,307-100125
Tax-1,917-438-25
Profit After Tax5,752-18,0061,869-100100
Dividends Paid
Retained Profit5,752-18,0061,869-100100
Employee Costs29,33628,96927,40657,65228,69527,74026,792
Number Of Employees1112111
EBITDA*7,324-18,0962,303-100125

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020May 2019May 2018May 2017May 2016May 2015May 2014
Tangible Assets17,90319,22022,660
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets17,90319,22022,660
Stock & work in progress
Trade Debtors12,0949,0009,825100100100100
Group Debtors
Misc Debtors
Cash8,0435,7728,668100
misc current assets
total current assets20,13714,77218,493100100100100100
total assets38,04033,99241,153100100100100100
Bank overdraft
Bank loan
Trade Creditors 38,22539,92939,084
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities38,22539,92939,084
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities10,00010,000
provisions
total long term liabilities10,00010,000
total liabilities48,22549,92939,084
net assets-10,185-15,9372,069100100100100100
total shareholders funds-10,185-15,9372,069100100100100100
Jul 2023Jul 2022Jul 2021Jul 2020May 2019May 2018May 2017May 2016May 2015May 2014
Operating Activities
Operating Profit7,324-18,0962,303-100125
Depreciation
Amortisation
Tax-1,917-438-25
Stock
Debtors3,094-8259,825-100100
Creditors-1,70484539,084
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations609-16,42631,124
Investing Activities
capital expenditure1,3173,440-22,660
Change in Investments
cash flow from investments1,3173,440-22,660
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities10,000
share issue100100
interest345904
cash flow from financing34510,090104100
cash and cash equivalents
cash2,271-2,8968,568100
overdraft
change in cash2,271-2,8968,568100

j m autos glossop ltd 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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J M Autos Glossop Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for j m autos glossop ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in OL4 area or any other competitors across 12 key performance metrics.

j m autos glossop ltd Ownership

J M AUTOS GLOSSOP LTD group structure

J M Autos Glossop Ltd has no subsidiary companies.

Ultimate parent company

J M AUTOS GLOSSOP LTD

08521839

J M AUTOS GLOSSOP LTD Shareholders

mark rigby 100%

j m autos glossop ltd directors

J M Autos Glossop Ltd currently has 1 director, Mr Mark Rigby serving since May 2013.

officercountryagestartendrole
Mr Mark Rigby67 years May 2013- Director

P&L

July 2023

turnover

132.2k

+1%

operating profit

7.3k

0%

gross margin

15%

+2.67%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2023

net assets

-10.2k

-0.36%

total assets

38k

+0.12%

cash

8k

+0.39%

net assets

Total assets minus all liabilities

j m autos glossop ltd company details

company number

08521839

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

45200 - Maintenance and repair of motor vehicles

incorporation date

May 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

July 2023

previous names

mellor classics ltd. (March 2020)

hydropurity ltd (May 2015)

accountant

-

auditor

-

address

312 ripponden road, oldham, OL4 2NY

Bank

-

Legal Advisor

-

j m autos glossop 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 j m autos glossop ltd.

j m autos glossop ltd 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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j m autos glossop ltd Companies House Filings - See Documents

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