Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)
Registered Address
29 langley high street, oldbury, B69 4SN
Website
-
premier cars (langley) ltdEstimated Valuation
£43k
Pomanda estimates the enterprise value of PREMIER CARS (LANGLEY) LTD at £43k based on a Turnover of £128.3k and 0.34x industry multiple (adjusted for size and gross margin).
premier cars (langley) ltdEstimated Valuation
£10.3k
Pomanda estimates the enterprise value of PREMIER CARS (LANGLEY) LTD at £10.3k based on an EBITDA of £4.8k and a 2.15x industry multiple (adjusted for size and gross margin).
premier cars (langley) ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of PREMIER CARS (LANGLEY) LTD at £0 based on Net Assets of £-5.4k and 1.99x industry multiple (adjusted for liquidity).
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Premier Cars (langley) LtdOverview
Premier Cars (langley) Ltd is a live company located in oldbury, B69 4SN with a Companies House number of 08720666. It operates in the other service activities incidental to land transportation, n.e.c. sector, SIC Code 52219. Founded in October 2013, it's largest shareholder is
john alan gardner
with a 25% stake. Premier Cars (langley) Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£128.3k with
declining
growth in recent years.
Pomanda's financial health check has awarded Premier Cars (Langley) Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £128.3k, make it smaller than the average company (£12.8m)
£128.3k - Premier Cars (langley) Ltd
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (9%)
-13% - Premier Cars (langley) Ltd
9% - Industry AVG
Production
with a gross margin of 11.8%, this company has a higher cost of product (25.2%)
11.8% - Premier Cars (langley) Ltd
25.2% - Industry AVG
Profitability
an operating margin of 3.7% make it less profitable than the average company (5.3%)
3.7% - Premier Cars (langley) Ltd
5.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (46)
2 - Premier Cars (langley) Ltd
46 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
£49.5k - Premier Cars (langley) Ltd
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £64.2k, this is less efficient (£190.8k)
£64.2k - Premier Cars (langley) Ltd
£190.8k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (40 days)
13 days - Premier Cars (langley) Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 161 days, this is slower than average (33 days)
161 days - Premier Cars (langley) Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Premier Cars (langley) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Premier Cars (langley) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 111.9%, this is a higher level of debt than the average (54.1%)
111.9% - Premier Cars (langley) Ltd
54.1% - Industry AVG
PREMIER CARS (LANGLEY) LTD financials
EXPORT
Premier Cars (Langley) Ltd's latest turnover from December 2023 is estimated at £128.3 thousand and the company has net assets of -£5.4 thousand. According to their latest financial statements, Premier Cars (Langley) Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Turnover
128,316
90,523
179,751
198,038
169,427
83,934
125,771
21,742
42,645
13,071
Other Income Or Grants
Cost Of Sales
113,182
79,586
157,728
171,978
149,589
74,684
110,635
18,597
37,127
11,202
Gross Profit
15,135
10,937
22,022
26,060
19,838
9,250
15,135
3,145
5,519
1,869
Admin Expenses
10,342
11,867
23,096
25,554
29,354
12,833
2,689
11,967
7,819
-6,711
Operating Profit
4,793
-930
-1,074
506
-9,516
-3,583
12,446
-8,822
-2,300
8,580
Interest Payable
Interest Receivable
1
2
Pre-Tax Profit
4,793
-930
-1,074
506
-9,516
-3,583
12,446
-8,821
-2,298
8,580
Tax
-1,198
-96
-2,365
-1,802
Profit After Tax
3,595
-930
-1,074
410
-9,516
-3,583
10,081
-8,821
-2,298
6,778
Dividends Paid
Retained Profit
3,595
-930
-1,074
410
-9,516
-3,583
10,081
-8,821
-2,298
6,778
Employee Costs
98,941
47,961
329,573
350,312
261,414
39,515
37,143
33,610
34,768
30,264
Number Of Employees
2
1
9
9
7
1
1
1
1
1
EBITDA*
4,793
-930
-1,074
506
-9,516
-3,583
12,446
-8,822
-1,988
8,580
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Tangible Assets
40,000
40,000
11,000
11,723
11,000
11,581
12,665
11,311
623
935
Intangible Assets
11,000
11,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
40,000
40,000
11,000
11,723
11,000
11,581
12,665
11,311
11,623
11,935
Stock & work in progress
Trade Debtors
4,875
214
198
1,906
2,657
13,889
23,648
260
61
Group Debtors
Misc Debtors
Cash
927
6
misc current assets
total current assets
4,875
214
198
1,906
2,657
13,889
23,648
260
927
67
total assets
44,875
40,214
11,198
13,629
13,657
25,470
36,313
11,571
12,550
12,002
Bank overdraft
Bank loan
Trade Creditors
50,233
49,167
19,221
20,578
21,016
21,212
26,090
10,112
8,068
5,222
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
50,233
49,167
19,221
20,578
21,016
21,212
26,090
10,112
8,068
5,222
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
4,483
5,800
provisions
total long term liabilities
2,101
4,483
5,800
total liabilities
50,233
49,167
19,221
20,578
21,016
23,313
30,573
15,912
8,068
5,222
net assets
-5,358
-8,953
-8,023
-6,949
-7,359
2,157
5,740
-4,341
4,482
6,780
total shareholders funds
-5,358
-8,953
-8,023
-6,949
-7,359
2,157
5,740
-4,341
4,482
6,780
Dec 2023
Dec 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Operating Activities
Operating Profit
4,793
-930
-1,074
506
-9,516
-3,583
12,446
-8,822
-2,300
8,580
Depreciation
312
Amortisation
Tax
-1,198
-96
-2,365
-1,802
Stock
Debtors
4,661
16
-1,708
-751
-11,232
-9,759
23,388
260
-61
61
Creditors
1,066
29,946
-1,357
-438
-196
-4,878
15,978
2,044
2,846
5,222
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
29,000
-723
723
1,520
1,298
2,671
-7,038
919
11,939
Investing Activities
capital expenditure
-29,000
723
-723
581
1,084
-1,354
312
-11,935
Change in Investments
cash flow from investments
-29,000
723
-723
581
1,084
-1,354
312
-11,935
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-4,483
-1,317
5,800
share issue
-2
2
interest
1
2
cash flow from financing
-4,483
-1,317
5,799
2
2
cash and cash equivalents
cash
-927
921
6
overdraft
change in cash
-927
921
6
premier cars (langley) ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for premier cars (langley) ltd. Get real-time insights into premier cars (langley) ltd's credit score, group structure and payment trends.
Perform a competitor analysis for premier cars (langley) ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in B69 area or any other competitors across 12 key performance metrics.
premier cars (langley) ltd Ownership
PREMIER CARS (LANGLEY) LTD group structure
Premier Cars (Langley) Ltd has no subsidiary companies.
Ultimate parent company
PREMIER CARS (LANGLEY) LTD
08720666
PREMIER CARS (LANGLEY) LTD Shareholders
The largest shareholders in Premier Cars (Langley) Ltd include John Alan Gardner and David John Hunter.
john alan gardner
25%
david john hunter
25%
sukhdip singh sangha
25%
hardip singh sangha
25%
premier cars (langley) ltd directors
Premier Cars (Langley) Ltd currently has 5 directors.
The longest serving directors include
Mr John Gardner (Nov 2022) and
Mr Hardip Sangha (Nov 2022).
52219 - Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)
incorporation date
October 2013
age
12
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
29 langley high street, oldbury, B69 4SN
Bank
-
Legal Advisor
-
premier cars (langley) 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 premier cars (langley) ltd.
premier cars (langley) 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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premier cars (langley) ltdCompanies House Filings - See Documents
