allied 4 vans (hire) limited

allied 4 vans (hire) limited Company Information

Share ALLIED 4 VANS (HIRE) LIMITED
Live 
EstablishedMidDeclining

Company Number

08807616

Industry

Sale of other motor vehicles

 

Shareholders

michael gerard hourigan & loretta hourigan

Group Structure

View All

Contact

Registered Address

2 lock lane, castleford, west yorkshire, WF10 2JU

allied 4 vans (hire) limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of ALLIED 4 VANS (HIRE) LIMITED at £2m based on a Turnover of £5.6m and 0.35x industry multiple (adjusted for size and gross margin).

allied 4 vans (hire) limited Estimated Valuation

£5.1m

Pomanda estimates the enterprise value of ALLIED 4 VANS (HIRE) LIMITED at £5.1m based on an EBITDA of £1.3m and a 3.95x industry multiple (adjusted for size and gross margin).

allied 4 vans (hire) limited Estimated Valuation

£8.5m

Pomanda estimates the enterprise value of ALLIED 4 VANS (HIRE) LIMITED at £8.5m based on Net Assets of £2.9m and 2.91x industry multiple (adjusted for liquidity).

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Allied 4 Vans (hire) Limited Overview

Allied 4 Vans (hire) Limited is a live company located in west yorkshire, WF10 2JU with a Companies House number of 08807616. It operates in the sale of other motor vehicles sector, SIC Code 45190. Founded in December 2013, it's largest shareholder is michael gerard hourigan & loretta hourigan with a 100% stake. Allied 4 Vans (hire) Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.6m with declining growth in recent years.

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Allied 4 Vans (hire) Limited Health Check

Pomanda's financial health check has awarded Allied 4 Vans (Hire) Limited a 4 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

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £5.6m, make it smaller than the average company (£26.3m)

£5.6m - Allied 4 Vans (hire) Limited

£26.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (14.3%)

-5% - Allied 4 Vans (hire) Limited

14.3% - Industry AVG

production

Production

with a gross margin of 13.6%, this company has a comparable cost of product (13.6%)

13.6% - Allied 4 Vans (hire) Limited

13.6% - Industry AVG

profitability

Profitability

an operating margin of 18.2% make it more profitable than the average company (3.5%)

18.2% - Allied 4 Vans (hire) Limited

3.5% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (49)

3 - Allied 4 Vans (hire) Limited

49 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)

£43.6k - Allied 4 Vans (hire) Limited

£43.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.9m, this is more efficient (£546.9k)

£1.9m - Allied 4 Vans (hire) Limited

£546.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 51 days, this is later than average (17 days)

51 days - Allied 4 Vans (hire) Limited

17 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is quicker than average (43 days)

23 days - Allied 4 Vans (hire) Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 69 days, this is in line with average (86 days)

69 days - Allied 4 Vans (hire) Limited

86 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (8 weeks)

5 weeks - Allied 4 Vans (hire) Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 42.4%, this is a lower level of debt than the average (69.5%)

42.4% - Allied 4 Vans (hire) Limited

69.5% - Industry AVG

ALLIED 4 VANS (HIRE) LIMITED financials

EXPORTms excel logo

Allied 4 Vans (Hire) Limited's latest turnover from January 2024 is estimated at £5.6 million and the company has net assets of £2.9 million. According to their latest financial statements, Allied 4 Vans (Hire) Limited has 3 employees and maintains cash reserves of £194.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015
Turnover5,643,0084,708,4218,256,2306,543,0144,727,4282,349,5331,829,6932,725,2382,151,3885,190,101
Other Income Or Grants0000000000
Cost Of Sales4,874,0814,021,0517,100,8675,679,0484,151,0752,038,3331,585,1702,372,7681,869,1744,425,301
Gross Profit768,927687,3701,155,362863,966576,353311,201244,523352,471282,214764,801
Admin Expenses-255,262-748,8261,167,615810,057528,727-123,99839,147326,344116,462461,622
Operating Profit1,024,1891,436,196-12,25353,90947,626435,199205,37626,127165,752303,179
Interest Payable19,94530,49013,6720000000
Interest Receivable9,93827,7372,2071,15312,5389,1343,4221,2132,7241,138
Pre-Tax Profit1,014,1811,433,442-23,71855,06260,164444,333208,79827,340168,476304,316
Tax-253,545-272,3540-10,462-11,431-84,423-39,672-5,468-33,695-63,906
Profit After Tax760,6361,161,088-23,71844,60048,733359,910169,12621,872134,781240,410
Dividends Paid0000000000
Retained Profit760,6361,161,088-23,71844,60048,733359,910169,12621,872134,781240,410
Employee Costs130,85880,77075,93173,07473,168209,381166,786264,797224,766506,286
Number Of Employees32222658716
EBITDA*1,292,6481,746,31337,538120,266136,070588,382264,817117,096328,017415,546

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015
Tangible Assets806,027931,094150,211200,002266,359460,669347,252408,526530,965338,597
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets806,027931,094150,211200,002266,359460,669347,252408,526530,965338,597
Stock & work in progress926,0002,179,0012,641,5392,915,917232,697296,449298,488720,754515,693847,672
Trade Debtors803,56413,578230,809443,619716,431146,52837,341159,747200,029163,302
Group Debtors0000000000
Misc Debtors2,333,932320,807318,524382,103327,6671,020,10015,41029,46511,2000
Cash194,174184,4201,400,529365,1251,940,3991,402,9901,032,869335,868634,462455,129
misc current assets0000000000
total current assets4,257,6702,697,8064,591,4014,106,7643,217,1942,866,0671,384,1081,245,8341,361,3841,466,103
total assets5,063,6973,628,9004,741,6124,306,7663,483,5533,326,7361,731,3601,654,3601,892,3491,804,700
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 316,6541,172,1522,413,5321,044,972788,174703,990681,659323,049200,2601,564,190
Group/Directors Accounts035,986795,9992,148,8251,656,7981,244,705365,169901,1281,261,7330
other short term finances00200,0000000000
hp & lease commitments0000000000
other current liabilities1,679,32659,45598,76793,43763,649451,842118,24333,02055,0650
total current liabilities1,995,9801,267,5933,508,2983,287,2342,508,6212,400,5371,165,0711,257,1971,517,0581,564,190
loans150,179204,405237,5000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities150,179204,405237,5000000000
total liabilities2,146,1591,471,9983,745,7983,287,2342,508,6212,400,5371,165,0711,257,1971,517,0581,564,190
net assets2,917,5382,156,902995,8141,019,532974,932926,199566,289397,163375,291240,510
total shareholders funds2,917,5382,156,902995,8141,019,532974,932926,199566,289397,163375,291240,510
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015
Operating Activities
Operating Profit1,024,1891,436,196-12,25353,90947,626435,199205,37626,127165,752303,179
Depreciation268,459310,11749,79166,35788,444153,18359,44190,969162,265112,367
Amortisation0000000000
Tax-253,545-272,3540-10,462-11,431-84,423-39,672-5,468-33,695-63,906
Stock-1,253,001-462,538-274,3782,683,220-63,752-2,039-422,266205,061-331,979847,672
Debtors2,803,111-214,948-276,389-218,376-122,5301,113,877-136,461-22,01747,927163,302
Creditors-855,498-1,241,3801,368,560256,79884,18422,331358,610122,789-1,363,9301,564,190
Accruals and Deferred Income1,619,871-39,3125,33029,788-388,193333,59985,223-22,04555,0650
Deferred Taxes & Provisions0000000000
Cash flow from operations253,366870,7531,962,195-2,068,4546,912-251,9491,227,70529,328-730,491904,856
Investing Activities
capital expenditure-143,392-1,091,00000105,866-266,6001,83331,470-354,633-450,964
Change in Investments0000000000
cash flow from investments-143,392-1,091,00000105,866-266,6001,83331,470-354,633-450,964
Financing Activities
Bank loans0000000000
Group/Directors Accounts-35,986-760,013-1,352,826492,027412,093879,536-535,959-360,6051,261,7330
Other Short Term Loans 0-200,000200,0000000000
Long term loans-54,226-33,095237,5000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue000000000100
interest-10,007-2,753-11,4651,15312,5389,1343,4221,2132,7241,138
cash flow from financing-100,219-995,861-926,791493,180424,631888,670-532,537-359,3921,264,4571,238
cash and cash equivalents
cash9,754-1,216,1091,035,404-1,575,274537,409370,121697,001-298,594179,333455,129
overdraft0000000000
change in cash9,754-1,216,1091,035,404-1,575,274537,409370,121697,001-298,594179,333455,129

allied 4 vans (hire) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Allied 4 Vans (hire) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for allied 4 vans (hire) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in WF10 area or any other competitors across 12 key performance metrics.

allied 4 vans (hire) limited Ownership

ALLIED 4 VANS (HIRE) LIMITED group structure

Allied 4 Vans (Hire) Limited has no subsidiary companies.

Ultimate parent company

ALLIED 4 VANS (HIRE) LIMITED

08807616

ALLIED 4 VANS (HIRE) LIMITED Shareholders

michael gerard hourigan & loretta hourigan 100%

allied 4 vans (hire) limited directors

Allied 4 Vans (Hire) Limited currently has 2 directors. The longest serving directors include Mrs Loretta Hourigan (Dec 2013) and Mr Michael Hourigan (Dec 2013).

officercountryagestartendrole
Mrs Loretta HouriganEngland53 years Dec 2013- Director
Mr Michael HouriganEngland57 years Dec 2013- Director

P&L

January 2024

turnover

5.6m

+20%

operating profit

1m

0%

gross margin

13.7%

-6.66%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

2.9m

+0.35%

total assets

5.1m

+0.4%

cash

194.2k

+0.05%

net assets

Total assets minus all liabilities

allied 4 vans (hire) limited company details

company number

08807616

Type

Private limited with Share Capital

industry

45190 - Sale of other motor vehicles

incorporation date

December 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

GILBERT FINANCE & ACCOUNTING LLP

auditor

-

address

2 lock lane, castleford, west yorkshire, WF10 2JU

Bank

-

Legal Advisor

-

allied 4 vans (hire) 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 allied 4 vans (hire) limited.

allied 4 vans (hire) 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.

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allied 4 vans (hire) limited Companies House Filings - See Documents

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