a1 car search limited
a1 car search limited Company Information
Company Number
08714283
Website
www.a1carsearch.co.ukRegistered Address
unit 22, bolney grange industrial park, haywards heath, west sussex, RH17 5PB
Industry
Sale of used cars and light motor vehicles
Telephone
01444620620
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
kevin adam rowe 70%
rhiannon mai rowe 30%
a1 car search limited Estimated Valuation
Pomanda estimates the enterprise value of A1 CAR SEARCH LIMITED at £389.8k based on a Turnover of £1.7m and 0.23x industry multiple (adjusted for size and gross margin).
a1 car search limited Estimated Valuation
Pomanda estimates the enterprise value of A1 CAR SEARCH LIMITED at £0 based on an EBITDA of £-2.7k and a 3.73x industry multiple (adjusted for size and gross margin).
a1 car search limited Estimated Valuation
Pomanda estimates the enterprise value of A1 CAR SEARCH LIMITED at £0 based on Net Assets of £-210.2k and 3.16x industry multiple (adjusted for liquidity).
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A1 Car Search Limited Overview
A1 Car Search Limited is a live company located in haywards heath, RH17 5PB with a Companies House number of 08714283. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in October 2013, it's largest shareholder is kevin adam rowe with a 70% stake. A1 Car Search Limited is a established, small sized company, Pomanda has estimated its turnover at £1.7m with high growth in recent years.
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A1 Car Search Limited Health Check
Pomanda's financial health check has awarded A1 Car Search 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
3 Strong
3 Regular
6 Weak
Size
annual sales of £1.7m, make it in line with the average company (£1.9m)
- A1 Car Search Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (9.3%)
- A1 Car Search Limited
9.3% - Industry AVG
Production
with a gross margin of 11.8%, this company has a comparable cost of product (11.8%)
- A1 Car Search Limited
11.8% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (2.7%)
- A1 Car Search Limited
2.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - A1 Car Search Limited
6 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
- A1 Car Search Limited
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £570.9k, this is more efficient (£388.9k)
- A1 Car Search Limited
£388.9k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is later than average (10 days)
- A1 Car Search Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (15 days)
- A1 Car Search Limited
15 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is less than average (63 days)
- A1 Car Search Limited
63 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (9 weeks)
2 weeks - A1 Car Search Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 165.8%, this is a higher level of debt than the average (68.7%)
165.8% - A1 Car Search Limited
68.7% - Industry AVG
A1 CAR SEARCH LIMITED financials
A1 Car Search Limited's latest turnover from September 2023 is estimated at £1.7 million and the company has net assets of -£210.2 thousand. According to their latest financial statements, A1 Car Search Limited has 3 employees and maintains cash reserves of £20.6 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 | 3 | 3 | 3 | 3 | 4 | 5 | 5 | 5 | ||
| 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 | 8,758 | 2,358 | 2,909 | 635 | 585 | 3,525 | 6,515 | 9,331 | 10,476 | 226 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 8,758 | 2,358 | 2,909 | 635 | 585 | 3,525 | 6,515 | 9,331 | 10,476 | 226 |
| Stock & work in progress | 139,237 | 126,279 | 209,700 | 138,424 | 118,479 | 81,681 | 126,208 | 53,482 | 101,401 | 41,500 |
| Trade Debtors | 141,415 | 99,675 | 7,923 | 36,287 | 124,626 | 12,859 | 64,105 | 58,082 | 9,025 | 46,771 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,411 | 12,532 | 22,552 | 2,158 | 0 | 0 | 0 | 10,264 | 0 | 0 |
| Cash | 20,588 | 88,107 | 83,456 | 722 | 999 | 29,556 | 1,237 | 1,106 | 4,144 | 0 |
| misc current assets | 0 | 0 | 421 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 310,651 | 326,593 | 324,052 | 177,591 | 244,104 | 124,096 | 191,550 | 122,934 | 114,570 | 88,271 |
| total assets | 319,409 | 328,951 | 326,961 | 178,226 | 244,689 | 127,621 | 198,065 | 132,265 | 125,046 | 88,497 |
| Bank overdraft | 0 | 0 | 0 | 8,988 | 45,769 | 0 | 2,220 | 63,846 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 34,013 | 79,030 | 4,908 | 30,265 | 95,181 | 7,100 | 22,487 | 0 | 135,537 | 88,246 |
| Group/Directors Accounts | 477,319 | 255,750 | 273,886 | 72,995 | 87,995 | 27,394 | 38,507 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 28,232 | 29,680 | 48,168 | 47,404 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 18,298 | 201,906 | 259,290 | 54,279 | 90,103 | 129,479 | 156,555 | 105,250 | 0 | 0 |
| total current liabilities | 529,630 | 536,686 | 538,084 | 194,759 | 348,728 | 212,141 | 267,173 | 169,096 | 135,537 | 88,246 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 111 | 670 | 1,238 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 111 | 670 | 1,238 | 0 | 0 | 0 |
| total liabilities | 529,630 | 536,686 | 538,084 | 194,759 | 348,839 | 212,811 | 268,411 | 169,096 | 135,537 | 88,246 |
| net assets | -210,221 | -207,735 | -211,123 | -16,533 | -104,150 | -85,190 | -70,346 | -36,831 | -10,491 | 251 |
| total shareholders funds | -210,221 | -207,735 | -211,123 | -16,533 | -104,150 | -85,190 | -70,346 | -36,831 | -10,491 | 251 |
| 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 | 2,477 | 692 | 346 | 696 | 2,940 | 2,990 | 3,005 | 2,855 | 2,588 | 57 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 12,958 | -83,421 | 71,276 | 19,945 | 36,798 | -44,527 | 72,726 | -47,919 | 59,901 | 41,500 |
| Debtors | 38,619 | 81,732 | -7,970 | -86,181 | 111,767 | -51,246 | -4,241 | 59,321 | -37,746 | 46,771 |
| Creditors | -45,017 | 74,122 | -25,357 | -64,916 | 88,081 | -15,387 | 22,487 | -135,537 | 47,291 | 88,246 |
| Accruals and Deferred Income | -183,608 | -57,384 | 205,011 | -35,824 | -39,376 | -27,076 | 51,305 | 105,250 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -111 | -559 | -568 | 1,238 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 221,569 | -18,136 | 200,891 | -15,000 | 60,601 | -11,113 | 38,507 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -28,232 | -1,448 | -18,488 | 764 | 47,404 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -67,519 | 4,651 | 82,734 | -277 | -28,557 | 28,319 | 131 | -3,038 | 4,144 | 0 |
| overdraft | 0 | 0 | -8,988 | -36,781 | 45,769 | -2,220 | -61,626 | 63,846 | 0 | 0 |
| change in cash | -67,519 | 4,651 | 91,722 | 36,504 | -74,326 | 30,539 | 61,757 | -66,884 | 4,144 | 0 |
a1 car search limited Credit Report and Business Information
A1 Car Search Limited Competitor Analysis
Perform a competitor analysis for a1 car search 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 RH17 area or any other competitors across 12 key performance metrics.
a1 car search limited Ownership
A1 CAR SEARCH LIMITED group structure
A1 Car Search Limited has no subsidiary companies.
Ultimate parent company
A1 CAR SEARCH LIMITED
08714283
a1 car search limited directors
A1 Car Search Limited currently has 2 directors. The longest serving directors include Mr Kevin Rowe (Oct 2013) and Mrs Rhiannon Rowe (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Rowe | England | 47 years | Oct 2013 | - | Director |
| Mrs Rhiannon Rowe | England | 45 years | Oct 2020 | - | Director |
P&L
September 2023turnover
1.7m
-4%
operating profit
-5.2k
0%
gross margin
11.9%
+2.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-210.2k
+0.01%
total assets
319.4k
-0.03%
cash
20.6k
-0.77%
net assets
Total assets minus all liabilities
a1 car search limited company details
company number
08714283
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
October 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
GALLOWAYS ACCOUNTING
auditor
-
address
unit 22, bolney grange industrial park, haywards heath, west sussex, RH17 5PB
Bank
-
Legal Advisor
-
a1 car search 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 a1 car search limited.
a1 car search limited Companies House Filings - See Documents
| date | description | view/download |
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