wrs motor factors limited
wrs motor factors limited Company Information
Company Number
08966386
Website
wrsfactors.co.ukRegistered Address
the old creamery, brimbleworth lane, weston-super-mare, avon, BS22 7XS
Industry
Wholesale trade of motor vehicle parts and accessories
Telephone
01934517092
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
robert anthony hopkins 40%
linda christine hopkins 40%
View Allwrs motor factors limited Estimated Valuation
Pomanda estimates the enterprise value of WRS MOTOR FACTORS LIMITED at £348.7k based on a Turnover of £1.6m and 0.22x industry multiple (adjusted for size and gross margin).
wrs motor factors limited Estimated Valuation
Pomanda estimates the enterprise value of WRS MOTOR FACTORS LIMITED at £199.7k based on an EBITDA of £73.4k and a 2.72x industry multiple (adjusted for size and gross margin).
wrs motor factors limited Estimated Valuation
Pomanda estimates the enterprise value of WRS MOTOR FACTORS LIMITED at £709.1k based on Net Assets of £278.4k and 2.55x industry multiple (adjusted for liquidity).
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Wrs Motor Factors Limited Overview
Wrs Motor Factors Limited is a live company located in weston-super-mare, BS22 7XS with a Companies House number of 08966386. 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 robert anthony hopkins with a 40% stake. Wrs Motor Factors Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with low growth in recent years.
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Wrs Motor Factors Limited Health Check
Pomanda's financial health check has awarded Wrs Motor Factors Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
7 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£16.9m)
- Wrs Motor Factors Limited
£16.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.3%)
- Wrs Motor Factors Limited
6.3% - Industry AVG
Production
with a gross margin of 15.9%, this company has a higher cost of product (28.2%)
- Wrs Motor Factors Limited
28.2% - Industry AVG
Profitability
an operating margin of 4.4% make it as profitable than the average company (5.3%)
- Wrs Motor Factors Limited
5.3% - Industry AVG
Employees
with 12 employees, this is below the industry average (63)
12 - Wrs Motor Factors Limited
63 - Industry AVG
Pay Structure
on an average salary of £34.2k, the company has an equivalent pay structure (£34.2k)
- Wrs Motor Factors Limited
£34.2k - Industry AVG
Efficiency
resulting in sales per employee of £134.3k, this is less efficient (£274.2k)
- Wrs Motor Factors Limited
£274.2k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (55 days)
- Wrs Motor Factors Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 141 days, this is slower than average (43 days)
- Wrs Motor Factors Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 89 days, this is in line with average (105 days)
- Wrs Motor Factors Limited
105 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is average cash available to meet short term requirements (7 weeks)
6 weeks - Wrs Motor Factors Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.5%, this is a higher level of debt than the average (49.4%)
67.5% - Wrs Motor Factors Limited
49.4% - Industry AVG
wrs motor factors limited Credit Report and Business Information
Wrs Motor Factors Limited Competitor Analysis
Perform a competitor analysis for wrs motor factors limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
wrs motor factors limited Ownership
WRS MOTOR FACTORS LIMITED group structure
Wrs Motor Factors Limited has no subsidiary companies.
Ultimate parent company
WRS MOTOR FACTORS LIMITED
08966386
wrs motor factors limited directors
Wrs Motor Factors Limited currently has 2 directors. The longest serving directors include Mr Robert Hopkins (Mar 2014) and Ms Linda Hopkins (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Hopkins | United Kingdom | 66 years | Mar 2014 | - | Director |
| Ms Linda Hopkins | United Kingdom | 63 years | Mar 2014 | - | Director |
WRS MOTOR FACTORS LIMITED financials
Wrs Motor Factors Limited's latest turnover from March 2023 is estimated at £1.6 million and the company has net assets of £278.4 thousand. According to their latest financial statements, Wrs Motor Factors Limited has 12 employees and maintains cash reserves of £67.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 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 | 12 | 12 | 12 | 13 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,330 | 8,652 | 5,890 | 3,499 | 7,459 | 9,426 | 7,061 | 6,614 | 4,800 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,330 | 8,652 | 5,890 | 3,499 | 7,459 | 9,426 | 7,061 | 6,614 | 4,800 |
| Stock & work in progress | 333,140 | 394,246 | 428,933 | 461,861 | 413,639 | 319,114 | 281,064 | 247,463 | 133,257 |
| Trade Debtors | 450,663 | 289,966 | 276,952 | 270,109 | 247,724 | 292,949 | 208,515 | 192,489 | 116,505 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 539 | 2,940 | 0 | 350 | 9,414 | 0 |
| Cash | 67,476 | 13,235 | 26,784 | 13,881 | 96,031 | 8,579 | 47,959 | 1,036 | 1,925 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 851,279 | 697,447 | 732,669 | 746,390 | 760,334 | 620,642 | 537,888 | 450,402 | 251,687 |
| total assets | 857,609 | 706,099 | 738,559 | 749,889 | 767,793 | 630,068 | 544,949 | 457,016 | 256,487 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,543 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 527,182 | 486,681 | 569,473 | 632,808 | 347,057 | 329,465 | 274,668 | 242,600 | 255,375 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 304,385 | 222,301 | 234,841 | 207,765 | 0 |
| total current liabilities | 527,182 | 486,681 | 569,473 | 632,808 | 651,442 | 551,766 | 509,509 | 454,908 | 255,375 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 52,017 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 52,017 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 579,199 | 486,681 | 569,473 | 632,808 | 651,442 | 551,766 | 509,509 | 454,908 | 255,375 |
| net assets | 278,410 | 219,418 | 169,086 | 117,081 | 116,351 | 78,302 | 35,440 | 2,108 | 1,112 |
| total shareholders funds | 278,410 | 219,418 | 169,086 | 117,081 | 116,351 | 78,302 | 35,440 | 2,108 | 1,112 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 2,322 | 2,738 | 2,333 | 3,960 | 3,917 | 2,553 | 1,953 | 1,200 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | -61,106 | -34,687 | -32,928 | 48,222 | 94,525 | 38,050 | 33,601 | 114,206 | 133,257 |
| Debtors | 160,697 | 13,014 | 6,304 | 19,984 | -42,285 | 84,084 | 6,962 | 85,398 | 116,505 |
| Creditors | 40,501 | -82,792 | -63,335 | 285,751 | 17,592 | 54,797 | 32,068 | -12,775 | 255,375 |
| Accruals and Deferred Income | 0 | 0 | 0 | -304,385 | 82,084 | -12,540 | 27,076 | 207,765 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 52,017 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 54,241 | -13,549 | 12,903 | -82,150 | 87,452 | -39,380 | 46,923 | -889 | 1,925 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -4,543 | 4,543 | 0 |
| change in cash | 54,241 | -13,549 | 12,903 | -82,150 | 87,452 | -39,380 | 51,466 | -5,432 | 1,925 |
P&L
March 2023turnover
1.6m
+21%
operating profit
71.1k
0%
gross margin
15.9%
-1.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
278.4k
+0.27%
total assets
857.6k
+0.21%
cash
67.5k
+4.1%
net assets
Total assets minus all liabilities
Similar Companies
wrs motor factors limited company details
company number
08966386
Type
Private limited with Share Capital
industry
45310 - Wholesale trade of motor vehicle parts and accessories
incorporation date
March 2014
age
10
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
the old creamery, brimbleworth lane, weston-super-mare, avon, BS22 7XS
last accounts submitted
March 2023
wrs motor factors 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 wrs motor factors limited.
wrs motor factors limited Companies House Filings - See Documents
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