platinum cars of wokingham limited
platinum cars of wokingham limited Company Information
Company Number
08757834
Next Accounts
Aug 2025
Shareholders
muhammad azam
muhammad azeem
Group Structure
View All
Industry
Taxi operation
Registered Address
13 stamford close, london, N15 4PX
platinum cars of wokingham limited Estimated Valuation
Pomanda estimates the enterprise value of PLATINUM CARS OF WOKINGHAM LIMITED at £83.5k based on a Turnover of £74k and 1.13x industry multiple (adjusted for size and gross margin).
platinum cars of wokingham limited Estimated Valuation
Pomanda estimates the enterprise value of PLATINUM CARS OF WOKINGHAM LIMITED at £0 based on an EBITDA of £-1.1k and a 2.93x industry multiple (adjusted for size and gross margin).
platinum cars of wokingham limited Estimated Valuation
Pomanda estimates the enterprise value of PLATINUM CARS OF WOKINGHAM LIMITED at £0 based on Net Assets of £-54.9k and 2.48x industry multiple (adjusted for liquidity).
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Platinum Cars Of Wokingham Limited Overview
Platinum Cars Of Wokingham Limited is a live company located in london, N15 4PX with a Companies House number of 08757834. It operates in the taxi operation sector, SIC Code 49320. Founded in November 2013, it's largest shareholder is muhammad azam with a 50% stake. Platinum Cars Of Wokingham Limited is a established, micro sized company, Pomanda has estimated its turnover at £74k with rapid growth in recent years.
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Platinum Cars Of Wokingham Limited Health Check
Pomanda's financial health check has awarded Platinum Cars Of Wokingham Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £74k, make it smaller than the average company (£352.4k)
- Platinum Cars Of Wokingham Limited
£352.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (10%)
- Platinum Cars Of Wokingham Limited
10% - Industry AVG
Production
with a gross margin of 31.3%, this company has a higher cost of product (51.6%)
- Platinum Cars Of Wokingham Limited
51.6% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (9.6%)
- Platinum Cars Of Wokingham Limited
9.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Platinum Cars Of Wokingham Limited
5 - Industry AVG
Pay Structure
on an average salary of £24.9k, the company has an equivalent pay structure (£24.9k)
- Platinum Cars Of Wokingham Limited
£24.9k - Industry AVG
Efficiency
resulting in sales per employee of £37k, this is less efficient (£76.4k)
- Platinum Cars Of Wokingham Limited
£76.4k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is near the average (37 days)
- Platinum Cars Of Wokingham Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 156 days, this is slower than average (10 days)
- Platinum Cars Of Wokingham Limited
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Platinum Cars Of Wokingham Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Platinum Cars Of Wokingham Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 614.3%, this is a higher level of debt than the average (58.7%)
614.3% - Platinum Cars Of Wokingham Limited
58.7% - Industry AVG
PLATINUM CARS OF WOKINGHAM LIMITED financials
Platinum Cars Of Wokingham Limited's latest turnover from November 2023 is estimated at £74 thousand and the company has net assets of -£54.9 thousand. According to their latest financial statements, Platinum Cars Of Wokingham Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 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 | 2 | 2 | 2 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,864 | 5,682 | 10,273 | 17,235 | 18,632 | 18,632 | 18,632 | 5,984 | 7,480 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 3,864 | 5,682 | 10,273 | 17,235 | 18,632 | 18,632 | 18,632 | 5,984 | 7,480 |
| Stock & work in progress | |||||||||
| Trade Debtors | 6,811 | 7,069 | 19,618 | 100 | 7,361 | 17,635 | 896 | 2,081 | |
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 20,874 | 23,029 | 8,430 | 6,044 | |||||
| misc current assets | |||||||||
| total current assets | 6,811 | 7,069 | 19,618 | 20,974 | 7,361 | 17,635 | 23,925 | 8,430 | 8,125 |
| total assets | 10,675 | 12,751 | 29,891 | 38,209 | 25,993 | 36,267 | 42,557 | 14,414 | 15,605 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 21,863 | 18,962 | 15,654 | 18,682 | 863 | 1,333 | 38,046 | 8,922 | 11,721 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 21,863 | 18,962 | 15,654 | 18,682 | 863 | 1,333 | 38,046 | 8,922 | 11,721 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 43,708 | 636 | 27,148 | ||||||
| provisions | |||||||||
| total long term liabilities | 43,708 | 47,632 | 636 | 27,148 | |||||
| total liabilities | 65,571 | 66,594 | 16,290 | 18,682 | 863 | 28,481 | 38,046 | 8,922 | 11,721 |
| net assets | -54,896 | -53,843 | 13,601 | 19,527 | 25,130 | 7,786 | 4,511 | 5,492 | 3,884 |
| total shareholders funds | -54,896 | -53,843 | 13,601 | 19,527 | 25,130 | 7,786 | 4,511 | 5,492 | 3,884 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 3,250 | 1,496 | 1,870 | ||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -258 | -12,549 | 19,518 | 100 | -10,274 | 16,739 | 896 | -2,081 | 2,081 |
| Creditors | 2,901 | 3,308 | -3,028 | 18,682 | -470 | -36,713 | 29,124 | -2,799 | 11,721 |
| Accruals and Deferred Income | |||||||||
| 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 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | 43,708 | -636 | 636 | -27,148 | 27,148 | ||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -20,874 | 20,874 | -23,029 | 14,599 | 2,386 | 6,044 | |||
| overdraft | |||||||||
| change in cash | -20,874 | 20,874 | -23,029 | 14,599 | 2,386 | 6,044 |
platinum cars of wokingham limited Credit Report and Business Information
Platinum Cars Of Wokingham Limited Competitor Analysis
Perform a competitor analysis for platinum cars of wokingham limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in N15 area or any other competitors across 12 key performance metrics.
platinum cars of wokingham limited Ownership
PLATINUM CARS OF WOKINGHAM LIMITED group structure
Platinum Cars Of Wokingham Limited has no subsidiary companies.
Ultimate parent company
PLATINUM CARS OF WOKINGHAM LIMITED
08757834
platinum cars of wokingham limited directors
Platinum Cars Of Wokingham Limited currently has 2 directors. The longest serving directors include Mr Rasheed Ahmad (Jun 2021) and Ray Irvin (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rasheed Ahmad | England | 50 years | Jun 2021 | - | Director |
| Ray Irvin | England | 26 years | May 2024 | - | Director |
P&L
November 2023turnover
74k
+40%
operating profit
-1.1k
0%
gross margin
31.3%
+13.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-54.9k
+0.02%
total assets
10.7k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
platinum cars of wokingham limited company details
company number
08757834
Type
Private limited with Share Capital
industry
49320 - Taxi operation
incorporation date
November 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
13 stamford close, london, N15 4PX
Bank
-
Legal Advisor
-
platinum cars of wokingham 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 platinum cars of wokingham limited.
platinum cars of wokingham limited 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 PLATINUM CARS OF WOKINGHAM LIMITED. This can take several minutes, an email will notify you when this has completed.
platinum cars of wokingham limited Companies House Filings - See Documents
| date | description | view/download |
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