daytona cars limited

daytona cars limited Company Information

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EstablishedSmallDeclining

Company Number

08544138

Industry

Sale of used cars and light motor vehicles

 

Shareholders

alexander leith doory

Group Structure

View All

Contact

Registered Address

2 merus court, meridian business park, leicester, leicestershire, LE19 1RJ

daytona cars limited Estimated Valuation

£258.1k

Pomanda estimates the enterprise value of DAYTONA CARS LIMITED at £258.1k based on a Turnover of £1.4m and 0.18x industry multiple (adjusted for size and gross margin).

daytona cars limited Estimated Valuation

£6.6k

Pomanda estimates the enterprise value of DAYTONA CARS LIMITED at £6.6k based on an EBITDA of £2.3k and a 2.94x industry multiple (adjusted for size and gross margin).

daytona cars limited Estimated Valuation

£702.7k

Pomanda estimates the enterprise value of DAYTONA CARS LIMITED at £702.7k based on Net Assets of £218.1k and 3.22x industry multiple (adjusted for liquidity).

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Daytona Cars Limited Overview

Daytona Cars Limited is a live company located in leicester, LE19 1RJ with a Companies House number of 08544138. 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 alexander leith doory with a 100% stake. Daytona Cars Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.

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Daytona Cars Limited Health Check

Pomanda's financial health check has awarded Daytona Cars Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1.4m, make it smaller than the average company (£2.3m)

£1.4m - Daytona Cars Limited

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (8.2%)

-5% - Daytona Cars Limited

8.2% - Industry AVG

production

Production

with a gross margin of 7.2%, this company has a higher cost of product (11.1%)

7.2% - Daytona Cars Limited

11.1% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (2.9%)

0.2% - Daytona Cars Limited

2.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (7)

1 - Daytona Cars Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)

£32.1k - Daytona Cars Limited

£32.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.4m, this is more efficient (£458k)

£1.4m - Daytona Cars Limited

£458k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (9 days)

93 days - Daytona Cars Limited

9 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 34 days, this is slower than average (14 days)

34 days - Daytona Cars Limited

14 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Daytona Cars Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Daytona Cars Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 39.9%, this is a lower level of debt than the average (68.9%)

39.9% - Daytona Cars Limited

68.9% - Industry AVG

DAYTONA CARS LIMITED financials

EXPORTms excel logo

Daytona Cars Limited's latest turnover from May 2023 is estimated at £1.4 million and the company has net assets of £218.1 thousand. According to their latest financial statements, Daytona Cars Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014
Turnover1,413,9561,715,7271,371,4321,652,6931,594,5701,480,5011,787,5463,353,184561,271666,905
Other Income Or Grants0000000000
Cost Of Sales1,312,6741,591,0031,285,8951,539,6601,481,6941,374,2171,654,7523,081,379512,931618,827
Gross Profit101,283124,72585,537113,033112,876106,284132,794271,80448,34048,078
Admin Expenses99,02391,96075,46294,84459,41379,911128,945234,06211,266-1,207
Operating Profit2,26032,76510,07518,18953,46326,3733,84937,74237,07449,285
Interest Payable0000000000
Interest Receivable000000017924364
Pre-Tax Profit2,26032,76510,07518,18953,46326,3733,84937,92137,31849,349
Tax-565-6,225-1,914-3,456-10,158-5,011-731-7,584-7,463-10,363
Profit After Tax1,69526,5408,16114,73343,30521,3623,11830,33729,85438,986
Dividends Paid0000000000
Retained Profit1,69526,5408,16114,73343,30521,3623,11830,33729,85438,986
Employee Costs32,06631,35129,01028,86357,27058,08056,004134,87426,33525,347
Number Of Employees1111222511
EBITDA*2,26032,76510,07518,18953,46326,3733,84937,74237,70949,833

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014
Tangible Assets1,0804906548721,1631,0181,3571,8101,9042,210
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets1,0804906548721,1631,0181,3571,8101,9042,210
Stock & work in progress00000000100,018123,208
Trade Debtors360,422414,910383,910370,906339,113290,982263,000247,16020,02224,951
Group Debtors0000000000
Misc Debtors1,500000000000
Cash0000000071,68925,638
misc current assets0000000000
total current assets361,922414,910383,910370,906339,113290,982263,000247,160191,729173,797
total assets363,002415,400384,564371,778340,276292,000264,357248,970193,633176,007
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 124,492168,292144,708190,083173,314168,343162,062149,793124,693136,921
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities124,492168,292144,708190,083173,314168,343162,062149,793124,693136,921
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities20,41930,71250,0000000000
provisions0000000000
total long term liabilities20,41930,71250,0000000000
total liabilities144,911199,004194,708190,083173,314168,343162,062149,793124,693136,921
net assets218,091216,396189,856181,695166,962123,657102,29599,17768,94039,086
total shareholders funds218,091216,396189,856181,695166,962123,657102,29599,17768,94039,086
May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014
Operating Activities
Operating Profit2,26032,76510,07518,18953,46326,3733,84937,74237,07449,285
Depreciation00000000635548
Amortisation0000000000
Tax-565-6,225-1,914-3,456-10,158-5,011-731-7,584-7,463-10,363
Stock0000000-100,018-23,190123,208
Debtors-52,98831,00013,00431,79348,13127,98215,840227,138-4,92924,951
Creditors-43,80023,584-45,37516,7694,9716,28112,26925,100-12,228136,921
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions0000000000
Cash flow from operations10,88319,124-50,218-291145-339-453-71,86246,13728,232
Investing Activities
capital expenditure-590164218291-14533945394-329-2,758
Change in Investments0000000000
cash flow from investments-590164218291-14533945394-329-2,758
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities-10,293-19,28850,0000000000
share issue0000000-1000100
interest000000017924364
cash flow from financing-10,293-19,28850,000000079243164
cash and cash equivalents
cash0000000-71,68946,05125,638
overdraft0000000000
change in cash0000000-71,68946,05125,638

daytona cars limited 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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Daytona Cars Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for daytona cars 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 LE19 area or any other competitors across 12 key performance metrics.

daytona cars limited Ownership

DAYTONA CARS LIMITED group structure

Daytona Cars Limited has no subsidiary companies.

Ultimate parent company

DAYTONA CARS LIMITED

08544138

DAYTONA CARS LIMITED Shareholders

alexander leith doory 100%

daytona cars limited directors

Daytona Cars Limited currently has 1 director, Mr Alexander Doory serving since May 2013.

officercountryagestartendrole
Mr Alexander DooryUnited Kingdom63 years May 2013- Director

P&L

May 2023

turnover

1.4m

-18%

operating profit

2.3k

0%

gross margin

7.2%

-1.46%

turnover

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

Balance Sheet

May 2023

net assets

218.1k

+0.01%

total assets

363k

-0.13%

cash

0

0%

net assets

Total assets minus all liabilities

daytona cars limited company details

company number

08544138

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

May 2013

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2023

previous names

N/A

accountant

-

auditor

-

address

2 merus court, meridian business park, leicester, leicestershire, LE19 1RJ

Bank

-

Legal Advisor

-

daytona 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 daytona cars limited.

charges

daytona cars limited Companies House Filings - See Documents

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