m-sport wheels limited
m-sport wheels limited Company Information
Company Number
08919888
Website
msportonline.comRegistered Address
riverside business centre, fort road, tilbury, essex, RM18 7ND
Industry
Wholesale trade of motor vehicle parts and accessories
Telephone
441375489721
Next Accounts Due
16 days late
Group Structure
View All
Directors
Craig Austin10 Years
Shareholders
craig terrence austin 100%
m-sport wheels limited Estimated Valuation
Pomanda estimates the enterprise value of M-SPORT WHEELS LIMITED at £606.4k based on a Turnover of £2.5m and 0.24x industry multiple (adjusted for size and gross margin).
m-sport wheels limited Estimated Valuation
Pomanda estimates the enterprise value of M-SPORT WHEELS LIMITED at £0 based on an EBITDA of £-5.1k and a 3.19x industry multiple (adjusted for size and gross margin).
m-sport wheels limited Estimated Valuation
Pomanda estimates the enterprise value of M-SPORT WHEELS LIMITED at £243.5k based on Net Assets of £96k and 2.54x industry multiple (adjusted for liquidity).
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M-sport Wheels Limited Overview
M-sport Wheels Limited is a live company located in tilbury, RM18 7ND with a Companies House number of 08919888. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in March 2014, it's largest shareholder is craig terrence austin with a 100% stake. M-sport Wheels Limited is a established, small sized company, Pomanda has estimated its turnover at £2.5m with high growth in recent years.
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M-sport Wheels Limited Health Check
Pomanda's financial health check has awarded M-Sport Wheels Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£15.1m)
- M-sport Wheels Limited
£15.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (4.5%)
- M-sport Wheels Limited
4.5% - Industry AVG
Production
with a gross margin of 27.9%, this company has a comparable cost of product (27.9%)
- M-sport Wheels Limited
27.9% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (6.1%)
- M-sport Wheels Limited
6.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (54)
3 - M-sport Wheels Limited
54 - Industry AVG
Pay Structure
on an average salary of £32.8k, the company has an equivalent pay structure (£32.8k)
- M-sport Wheels Limited
£32.8k - Industry AVG
Efficiency
resulting in sales per employee of £827.8k, this is more efficient (£275.1k)
- M-sport Wheels Limited
£275.1k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (54 days)
- M-sport Wheels Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 192 days, this is slower than average (42 days)
- M-sport Wheels Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 184 days, this is more than average (105 days)
- M-sport Wheels Limited
105 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (10 weeks)
1 weeks - M-sport Wheels Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.4%, this is a higher level of debt than the average (48.9%)
92.4% - M-sport Wheels Limited
48.9% - Industry AVG
M-SPORT WHEELS LIMITED financials
M-Sport Wheels Limited's latest turnover from August 2022 is estimated at £2.5 million and the company has net assets of £96 thousand. According to their latest financial statements, M-Sport Wheels Limited has 3 employees and maintains cash reserves of £21.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 96,115 | 5,502 | 4,687 | 4,980 | 3,240 | 3,050 | 2,843 | 1,331 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 96,115 | 5,502 | 4,687 | 4,980 | 3,240 | 3,050 | 2,843 | 1,331 |
| Stock & work in progress | 906,198 | 945,228 | 349,018 | 304,359 | 176,768 | 72,374 | 72,602 | 97,771 |
| Trade Debtors | 200,467 | 374,632 | 239,094 | 181,279 | 643,737 | 568,203 | 552,650 | 533,342 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 29,172 | 0 | 0 | 0 | 22,960 | 24,324 | 6,728 | 15,000 |
| Cash | 21,692 | 31,861 | 25,856 | 89,547 | 10,908 | 17,585 | 12,819 | 31,552 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,157,529 | 1,351,721 | 613,968 | 575,185 | 854,373 | 682,486 | 644,799 | 677,665 |
| total assets | 1,253,644 | 1,357,223 | 618,655 | 580,165 | 857,613 | 685,536 | 647,642 | 678,996 |
| Bank overdraft | 16,364 | 15,000 | 12,500 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 944,275 | 1,040,651 | 454,646 | 543,288 | 814,585 | 591,710 | 513,595 | 654,028 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 134,018 | 100,039 | 16,606 | 12,114 | 13,062 | 63,070 | 93,713 | 0 |
| total current liabilities | 1,094,657 | 1,155,690 | 483,752 | 555,402 | 827,647 | 654,780 | 607,308 | 654,028 |
| loans | 44,773 | 62,500 | 77,500 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 18,262 | 1,046 | 891 | 946 | 616 | 0 | 0 | 0 |
| total long term liabilities | 63,035 | 63,546 | 78,391 | 946 | 616 | 0 | 0 | 0 |
| total liabilities | 1,157,692 | 1,219,236 | 562,143 | 556,348 | 828,263 | 654,780 | 607,308 | 654,028 |
| net assets | 95,952 | 137,987 | 56,512 | 23,817 | 29,350 | 30,756 | 40,334 | 24,968 |
| total shareholders funds | 95,952 | 137,987 | 56,512 | 23,817 | 29,350 | 30,756 | 40,334 | 24,968 |
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 32,044 | 1,836 | 1,563 | 1,658 | 1,083 | 1,015 | 948 | 444 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | -39,030 | 596,210 | 44,659 | 127,591 | 104,394 | -228 | -25,169 | 97,771 |
| Debtors | -144,993 | 135,538 | 57,815 | -485,418 | 74,170 | 33,149 | 11,036 | 548,342 |
| Creditors | -96,376 | 586,005 | -88,642 | -271,297 | 222,875 | 78,115 | -140,433 | 654,028 |
| Accruals and Deferred Income | 33,979 | 83,433 | 4,492 | -948 | -50,008 | -30,643 | 93,713 | 0 |
| Deferred Taxes & Provisions | 17,216 | 155 | -55 | 330 | 616 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -17,727 | -15,000 | 77,500 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -10,169 | 6,005 | -63,691 | 78,639 | -6,677 | 4,766 | -18,733 | 31,552 |
| overdraft | 1,364 | 2,500 | 12,500 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -11,533 | 3,505 | -76,191 | 78,639 | -6,677 | 4,766 | -18,733 | 31,552 |
m-sport wheels limited Credit Report and Business Information
M-sport Wheels Limited Competitor Analysis
Perform a competitor analysis for m-sport wheels limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
m-sport wheels limited Ownership
M-SPORT WHEELS LIMITED group structure
M-Sport Wheels Limited has no subsidiary companies.
Ultimate parent company
M-SPORT WHEELS LIMITED
08919888
m-sport wheels limited directors
M-Sport Wheels Limited currently has 1 director, Mr Craig Austin serving since Mar 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Craig Austin | England | 41 years | Mar 2014 | - | Director |
P&L
August 2022turnover
2.5m
-16%
operating profit
-37.1k
0%
gross margin
28%
+8.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
96k
-0.3%
total assets
1.3m
-0.08%
cash
21.7k
-0.32%
net assets
Total assets minus all liabilities
Similar Companies
m-sport wheels limited company details
company number
08919888
Type
Private limited with Share Capital
industry
45310 - Wholesale trade of motor vehicle parts and accessories
incorporation date
March 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
riverside business centre, fort road, tilbury, essex, RM18 7ND
last accounts submitted
August 2022
m-sport wheels 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 found 1 charges/mortgages relating to m-sport wheels limited. Currently there are 0 open charges and 1 have been satisfied in the past.
m-sport wheels limited Companies House Filings - See Documents
| date | description | view/download |
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