savannah cars ltd
savannah cars ltd Company Information
Company Number
08688855
Next Accounts
Jun 2025
Shareholders
savannah tappenden
liam mcnamara
Group Structure
View All
Industry
Sale of used cars and light motor vehicles
Registered Address
the old forge east street, colchester, CO1 2TP
Website
www.lgcarsales.co.uksavannah cars ltd Estimated Valuation
Pomanda estimates the enterprise value of SAVANNAH CARS LTD at £1.2m based on a Turnover of £5.1m and 0.24x industry multiple (adjusted for size and gross margin).
savannah cars ltd Estimated Valuation
Pomanda estimates the enterprise value of SAVANNAH CARS LTD at £2m based on an EBITDA of £539.1k and a 3.7x industry multiple (adjusted for size and gross margin).
savannah cars ltd Estimated Valuation
Pomanda estimates the enterprise value of SAVANNAH CARS LTD at £2.4m based on Net Assets of £881k and 2.73x industry multiple (adjusted for liquidity).
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Savannah Cars Ltd Overview
Savannah Cars Ltd is a live company located in colchester, CO1 2TP with a Companies House number of 08688855. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in September 2013, it's largest shareholder is savannah tappenden with a 50% stake. Savannah Cars Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.1m with rapid growth in recent years.
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Savannah Cars Ltd Health Check
Pomanda's financial health check has awarded Savannah Cars Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
2 Weak
Size
annual sales of £5.1m, make it larger than the average company (£1.9m)
- Savannah Cars Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 61%, show it is growing at a faster rate (9%)
- Savannah Cars Ltd
9% - Industry AVG
Production
with a gross margin of 7.4%, this company has a higher cost of product (11.8%)
- Savannah Cars Ltd
11.8% - Industry AVG
Profitability
an operating margin of 9.3% make it more profitable than the average company (2.8%)
- Savannah Cars Ltd
2.8% - Industry AVG
Employees
with 12 employees, this is above the industry average (6)
12 - Savannah Cars Ltd
6 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- Savannah Cars Ltd
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £424k, this is equally as efficient (£395.4k)
- Savannah Cars Ltd
£395.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Savannah Cars Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Savannah Cars Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 170 days, this is more than average (65 days)
- Savannah Cars Ltd
65 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is average cash available to meet short term requirements (9 weeks)
8 weeks - Savannah Cars Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.6%, this is a similar level of debt than the average (70.2%)
65.6% - Savannah Cars Ltd
70.2% - Industry AVG
SAVANNAH CARS LTD financials
Savannah Cars Ltd's latest turnover from September 2023 is estimated at £5.1 million and the company has net assets of £881 thousand. According to their latest financial statements, Savannah Cars Ltd has 12 employees and maintains cash reserves of £116.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 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 | 12 | 8 | 3 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 237,273 | 149,795 | 125,914 | 1,170 | 733 | |||||
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 237,273 | 149,795 | 125,914 | 1,170 | 733 | |||||
| Stock & work in progress | 2,203,801 | 1,944,311 | 1,091,510 | 407,626 | 73,234 | 21,871 | ||||
| Trade Debtors | 353,696 | 166,732 | 111,188 | 100 | ||||||
| Group Debtors | ||||||||||
| Misc Debtors | ||||||||||
| Cash | 116,114 | 48,118 | 39,327 | 7,675 | 9,903 | 4,062 | ||||
| misc current assets | ||||||||||
| total current assets | 2,319,915 | 1,992,429 | 1,130,837 | 415,301 | 353,696 | 166,732 | 111,188 | 83,137 | 25,933 | 100 |
| total assets | 2,557,188 | 2,142,224 | 1,256,751 | 416,471 | 354,429 | 166,732 | 111,188 | 83,137 | 25,933 | 100 |
| Bank overdraft | 10,000 | |||||||||
| Bank loan | ||||||||||
| Trade Creditors | 658,564 | 530,172 | 241,228 | 278,174 | 120,262 | 95,796 | 82,098 | 24,701 | ||
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 671,805 | |||||||||
| total current liabilities | 681,805 | 658,564 | 530,172 | 241,228 | 278,174 | 120,262 | 95,796 | 82,098 | 24,701 | |
| loans | 994,392 | 399,061 | ||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | 916,719 | 50,000 | ||||||||
| provisions | ||||||||||
| total long term liabilities | 994,392 | 916,719 | 399,061 | 50,000 | ||||||
| total liabilities | 1,676,197 | 1,575,283 | 929,233 | 291,228 | 278,174 | 120,262 | 95,796 | 82,098 | 24,701 | |
| net assets | 880,991 | 566,941 | 327,518 | 125,243 | 76,255 | 46,470 | 15,392 | 1,039 | 1,232 | 100 |
| total shareholders funds | 880,991 | 566,941 | 327,518 | 125,243 | 76,255 | 46,470 | 15,392 | 1,039 | 1,232 | 100 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 68,134 | 41,536 | 31,301 | |||||||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | 259,490 | 852,801 | 683,884 | 407,626 | -73,234 | 51,363 | 21,871 | |||
| Debtors | -353,696 | 186,964 | 55,544 | 111,188 | -100 | 100 | ||||
| Creditors | -658,564 | 128,392 | 288,944 | -36,946 | 157,912 | 24,466 | 13,698 | 57,397 | 24,701 | |
| Accruals and Deferred Income | 671,805 | |||||||||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | 994,392 | -399,061 | 399,061 | |||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | -916,719 | 916,719 | -50,000 | 50,000 | ||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 67,996 | 8,791 | 31,652 | 7,675 | -9,903 | 5,841 | 4,062 | |||
| overdraft | 10,000 | |||||||||
| change in cash | 57,996 | 8,791 | 31,652 | 7,675 | -9,903 | 5,841 | 4,062 |
savannah cars ltd Credit Report and Business Information
Savannah Cars Ltd Competitor Analysis
Perform a competitor analysis for savannah cars ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in CO1 area or any other competitors across 12 key performance metrics.
savannah cars ltd Ownership
SAVANNAH CARS LTD group structure
Savannah Cars Ltd has no subsidiary companies.
Ultimate parent company
SAVANNAH CARS LTD
08688855
savannah cars ltd directors
Savannah Cars Ltd currently has 2 directors. The longest serving directors include Mr Liam McNamara (Sep 2013) and Miss Savannah Tappenden (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Liam McNamara | England | 34 years | Sep 2013 | - | Director |
| Miss Savannah Tappenden | England | 29 years | Dec 2020 | - | Director |
P&L
September 2023turnover
5.1m
-3%
operating profit
470.9k
0%
gross margin
7.5%
-2.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
881k
+0.55%
total assets
2.6m
+0.19%
cash
116.1k
+1.41%
net assets
Total assets minus all liabilities
savannah cars ltd company details
company number
08688855
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
September 2013
age
12
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2023
previous names
l & g cars limited (November 2020)
accountant
-
auditor
-
address
the old forge east street, colchester, CO1 2TP
Bank
-
Legal Advisor
-
savannah cars 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 found 1 charges/mortgages relating to savannah cars ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
savannah cars 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.
Click to start generating capital raising & share issue transactions for SAVANNAH CARS LTD. This can take several minutes, an email will notify you when this has completed.
savannah cars ltd Companies House Filings - See Documents
| date | description | view/download |
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