ilkeston motor factors limited
ilkeston motor factors limited Company Information
Company Number
08559517
Website
www.smartrefinishing.co.ukRegistered Address
the rope walk station road, ilkeston, derbyshire, DE7 5HX
Industry
Retail trade of motor vehicle parts and accessories
Telephone
01159302174
Next Accounts Due
September 2025
Group Structure
View All
Directors
Tadas Valuckis6 Years
Shareholders
arvydas melys 34%
tadas valuckis 33%
View Allilkeston motor factors limited Estimated Valuation
Pomanda estimates the enterprise value of ILKESTON MOTOR FACTORS LIMITED at £26k based on a Turnover of £96.3k and 0.27x industry multiple (adjusted for size and gross margin).
ilkeston motor factors limited Estimated Valuation
Pomanda estimates the enterprise value of ILKESTON MOTOR FACTORS LIMITED at £0 based on an EBITDA of £-23.5k and a 3.69x industry multiple (adjusted for size and gross margin).
ilkeston motor factors limited Estimated Valuation
Pomanda estimates the enterprise value of ILKESTON MOTOR FACTORS LIMITED at £0 based on Net Assets of £-47.9k and 2.84x industry multiple (adjusted for liquidity).
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Ilkeston Motor Factors Limited Overview
Ilkeston Motor Factors Limited is a live company located in derbyshire, DE7 5HX with a Companies House number of 08559517. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in June 2013, it's largest shareholder is arvydas melys with a 34% stake. Ilkeston Motor Factors Limited is a established, micro sized company, Pomanda has estimated its turnover at £96.3k with declining growth in recent years.
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Ilkeston Motor Factors Limited Health Check
Pomanda's financial health check has awarded Ilkeston Motor Factors Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
8 Weak
Size
annual sales of £96.3k, make it smaller than the average company (£7.3m)
- Ilkeston Motor Factors Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (7.9%)
- Ilkeston Motor Factors Limited
7.9% - Industry AVG
Production
with a gross margin of 26.9%, this company has a comparable cost of product (26.9%)
- Ilkeston Motor Factors Limited
26.9% - Industry AVG
Profitability
an operating margin of -24.4% make it less profitable than the average company (4.3%)
- Ilkeston Motor Factors Limited
4.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (47)
- Ilkeston Motor Factors Limited
47 - Industry AVG
Pay Structure
on an average salary of £30.6k, the company has an equivalent pay structure (£30.6k)
- Ilkeston Motor Factors Limited
£30.6k - Industry AVG
Efficiency
resulting in sales per employee of £96.3k, this is less efficient (£187.1k)
- Ilkeston Motor Factors Limited
£187.1k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (38 days)
- Ilkeston Motor Factors Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is close to average (48 days)
- Ilkeston Motor Factors Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 112 days, this is more than average (66 days)
- Ilkeston Motor Factors Limited
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (11 weeks)
24 weeks - Ilkeston Motor Factors Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 151.6%, this is a higher level of debt than the average (61.6%)
151.6% - Ilkeston Motor Factors Limited
61.6% - Industry AVG
ILKESTON MOTOR FACTORS LIMITED financials
Ilkeston Motor Factors Limited's latest turnover from December 2023 is estimated at £96.3 thousand and the company has net assets of -£47.9 thousand. According to their latest financial statements, we estimate that Ilkeston Motor Factors Limited has 1 employee and maintains cash reserves of £48.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 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 | 4 | 4 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,328 | 5,328 | 5,328 | 7,103 | 8,878 | 8,878 | 7,724 | 9,031 | 10,846 | 5,320 | 4,813 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,328 | 5,328 | 5,328 | 7,103 | 8,878 | 8,878 | 7,724 | 9,031 | 10,846 | 5,320 | 4,813 |
| Stock & work in progress | 21,628 | 21,628 | 21,628 | 21,628 | 6,500 | 6,500 | 7,500 | 7,500 | 7,500 | 7,500 | 10,000 |
| Trade Debtors | 17,332 | 30,525 | 33,853 | 36,173 | 20,664 | 0 | 23,362 | 22,223 | 44,325 | 45,999 | 37,998 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 81,843 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,874 | 0 | 0 |
| Cash | 48,509 | 0 | 67,823 | 54,521 | 2,901 | 300 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 87,469 | 52,153 | 123,304 | 112,322 | 30,065 | 6,800 | 32,862 | 113,566 | 81,699 | 55,499 | 49,998 |
| total assets | 92,797 | 57,481 | 128,632 | 119,425 | 38,943 | 15,678 | 40,586 | 122,597 | 92,545 | 60,819 | 54,811 |
| Bank overdraft | 9,634 | 9,634 | 9,634 | 0 | 0 | 0 | 0 | 0 | 2,047 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,956 | 12,944 | 30,310 | 25,442 | 36,625 | 0 | 9,888 | 20,565 | 13,594 | 34,504 | 53,414 |
| Group/Directors Accounts | 84,110 | 25,441 | 30,488 | 18,466 | 18,466 | 0 | 722 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,038 | 3,065 | 10,531 | 9,459 | 5,851 | 3,379 | 12,131 | 12,928 | 13,749 | 0 | 0 |
| total current liabilities | 103,738 | 51,084 | 80,963 | 53,367 | 60,942 | 3,379 | 22,741 | 33,493 | 29,390 | 34,504 | 53,414 |
| loans | 35,411 | 26,004 | 35,638 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,545 | 1,545 | 1,545 | 1,545 | 1,545 | 1,545 | 1,545 | 1,806 | 2,168 | 1,064 | 962 |
| total long term liabilities | 36,956 | 27,549 | 37,183 | 51,545 | 1,545 | 1,545 | 1,545 | 1,806 | 2,168 | 1,064 | 962 |
| total liabilities | 140,694 | 78,633 | 118,146 | 104,912 | 62,487 | 4,924 | 24,286 | 35,299 | 31,558 | 35,568 | 54,376 |
| net assets | -47,897 | -21,152 | 10,486 | 14,513 | -23,544 | 10,754 | 16,300 | 87,298 | 60,987 | 25,251 | 435 |
| total shareholders funds | -47,897 | -21,152 | 10,486 | 14,513 | -23,544 | 10,754 | 16,300 | 87,298 | 60,987 | 25,251 | 435 |
| Dec 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 1,775 | 1,775 | 0 | 2,220 | 1,931 | 2,258 | 2,712 | 591 | 534 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 15,128 | 0 | -1,000 | 0 | 0 | 0 | -2,500 | 10,000 |
| Debtors | -13,193 | -3,328 | -2,320 | 15,509 | 20,664 | -104,066 | -80,704 | 31,867 | 26,200 | 8,001 | 37,998 |
| Creditors | -3,988 | -17,366 | 4,868 | -11,183 | 36,625 | -20,565 | -10,677 | 6,971 | -20,910 | -18,910 | 53,414 |
| Accruals and Deferred Income | -2,027 | -7,466 | 1,072 | 3,608 | 2,472 | -9,549 | -797 | -821 | 13,749 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -261 | -261 | -362 | 1,104 | 102 | 962 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 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 | 0 | 0 |
| Group/Directors Accounts | 58,669 | -5,047 | 12,022 | 0 | 18,466 | 0 | 722 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 9,407 | -9,634 | -14,362 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 48,509 | -67,823 | 13,302 | 51,620 | 2,601 | -1,700 | 0 | 0 | 0 | 0 | 2,000 |
| overdraft | 0 | 0 | 9,634 | 0 | 0 | 0 | 0 | -2,047 | 2,047 | 0 | 0 |
| change in cash | 48,509 | -67,823 | 3,668 | 51,620 | 2,601 | -1,700 | 0 | 2,047 | -2,047 | 0 | 2,000 |
ilkeston motor factors limited Credit Report and Business Information
Ilkeston Motor Factors Limited Competitor Analysis
Perform a competitor analysis for ilkeston motor factors limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in DE7 area or any other competitors across 12 key performance metrics.
ilkeston motor factors limited Ownership
ILKESTON MOTOR FACTORS LIMITED group structure
Ilkeston Motor Factors Limited has no subsidiary companies.
Ultimate parent company
ILKESTON MOTOR FACTORS LIMITED
08559517
ilkeston motor factors limited directors
Ilkeston Motor Factors Limited currently has 1 director, Mr Tadas Valuckis serving since Oct 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tadas Valuckis | 39 years | Oct 2018 | - | Director |
P&L
December 2023turnover
96.3k
-27%
operating profit
-23.5k
0%
gross margin
26.9%
-10.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-47.9k
+1.26%
total assets
92.8k
+0.61%
cash
48.5k
0%
net assets
Total assets minus all liabilities
ilkeston motor factors limited company details
company number
08559517
Type
Private limited with Share Capital
industry
45320 - Retail trade of motor vehicle parts and accessories
incorporation date
June 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
imf trading limited (June 2018)
accountant
SQK ACCOUNTANCY LIMITED
auditor
-
address
the rope walk station road, ilkeston, derbyshire, DE7 5HX
Bank
-
Legal Advisor
-
ilkeston motor factors 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 ilkeston motor factors limited.
ilkeston motor factors limited Companies House Filings - See Documents
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