concept automotive (uk) ltd
concept automotive (uk) ltd Company Information
Company Number
09044577
Website
www.concept-auto.co.ukRegistered Address
suite 14, freckleton business centre, blackburn, BB2 2AL
Industry
Maintenance and repair of motor vehicles
Telephone
01254691258
Next Accounts Due
May 2025
Group Structure
View All
Directors
Aarif Patel10 Years
Shareholders
aarif patel 100%
concept automotive (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT AUTOMOTIVE (UK) LTD at £9.3k based on a Turnover of £44k and 0.21x industry multiple (adjusted for size and gross margin).
concept automotive (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT AUTOMOTIVE (UK) LTD at £0 based on an EBITDA of £-955 and a 2.69x industry multiple (adjusted for size and gross margin).
concept automotive (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of CONCEPT AUTOMOTIVE (UK) LTD at £31.6k based on Net Assets of £10.5k and 3.01x industry multiple (adjusted for liquidity).
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Concept Automotive (uk) Ltd Overview
Concept Automotive (uk) Ltd is a live company located in blackburn, BB2 2AL with a Companies House number of 09044577. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in May 2014, it's largest shareholder is aarif patel with a 100% stake. Concept Automotive (uk) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £44k with healthy growth in recent years.
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Concept Automotive (uk) Ltd Health Check
Pomanda's financial health check has awarded Concept Automotive (Uk) Ltd a 1.5 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
2 Regular
7 Weak
Size
annual sales of £44k, make it smaller than the average company (£413.3k)
- Concept Automotive (uk) Ltd
£413.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (7.1%)
- Concept Automotive (uk) Ltd
7.1% - Industry AVG
Production
with a gross margin of 23.2%, this company has a higher cost of product (35.8%)
- Concept Automotive (uk) Ltd
35.8% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (6.1%)
- Concept Automotive (uk) Ltd
6.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Concept Automotive (uk) Ltd
5 - Industry AVG
Pay Structure
on an average salary of £24.3k, the company has an equivalent pay structure (£24.3k)
- Concept Automotive (uk) Ltd
£24.3k - Industry AVG
Efficiency
resulting in sales per employee of £44k, this is less efficient (£95.4k)
- Concept Automotive (uk) Ltd
£95.4k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (38 days)
- Concept Automotive (uk) Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (39 days)
- Concept Automotive (uk) Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Concept Automotive (uk) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Concept Automotive (uk) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.6%, this is a lower level of debt than the average (66.9%)
8.6% - Concept Automotive (uk) Ltd
66.9% - Industry AVG
CONCEPT AUTOMOTIVE (UK) LTD financials
Concept Automotive (Uk) Ltd's latest turnover from August 2023 is estimated at £44 thousand and the company has net assets of £10.5 thousand. According to their latest financial statements, Concept Automotive (Uk) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 89,733 | 120,421 | ||||||||
| Other Income Or Grants | 0 | 0 | ||||||||
| Cost Of Sales | 53,435 | 92,189 | ||||||||
| Gross Profit | 36,298 | 28,232 | ||||||||
| Admin Expenses | 30,996 | 23,523 | ||||||||
| Operating Profit | 5,302 | 4,709 | ||||||||
| Interest Payable | 0 | 0 | ||||||||
| Interest Receivable | 0 | 0 | ||||||||
| Pre-Tax Profit | 5,302 | 4,709 | ||||||||
| Tax | -1,443 | -1,014 | ||||||||
| Profit After Tax | 3,859 | 3,695 | ||||||||
| Dividends Paid | 0 | 0 | ||||||||
| Retained Profit | 3,859 | 3,695 | ||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | |||||
| EBITDA* | 5,302 | 5,899 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 733 | 1,328 | 1,756 | 1,525 | 2,034 | 2,712 | 3,616 | 3,821 | 4,270 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 733 | 1,328 | 1,756 | 1,525 | 2,034 | 2,712 | 3,616 | 3,821 | 4,270 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45,000 | 30,000 | 0 |
| Trade Debtors | 10,752 | 11,556 | 7,727 | 6,515 | 7,915 | 5,477 | 100,768 | 1,007 | 720 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,922 | 9,990 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,752 | 11,556 | 7,727 | 6,515 | 7,915 | 5,477 | 100,768 | 54,929 | 40,710 | 0 |
| total assets | 11,485 | 12,884 | 9,483 | 8,040 | 9,949 | 8,189 | 104,384 | 58,750 | 44,980 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 985 | 1,429 | 1,135 | 2,204 | 5,250 | 4,775 | 89,877 | 42,695 | 32,784 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 985 | 1,429 | 1,135 | 2,204 | 5,250 | 4,775 | 89,877 | 42,695 | 32,784 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,500 | 8,500 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,500 | 8,500 | 0 |
| total liabilities | 985 | 1,429 | 1,135 | 2,204 | 5,250 | 4,775 | 89,877 | 51,195 | 41,284 | 0 |
| net assets | 10,500 | 11,455 | 8,348 | 5,836 | 4,699 | 3,414 | 14,507 | 7,555 | 3,696 | 0 |
| total shareholders funds | 10,500 | 11,455 | 8,348 | 5,836 | 4,699 | 3,414 | 14,507 | 7,555 | 3,696 | 0 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 5,302 | 4,709 | ||||||||
| Depreciation | 0 | 1,190 | ||||||||
| Amortisation | 0 | 0 | ||||||||
| Tax | -1,443 | -1,014 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -45,000 | 15,000 | 30,000 | 0 |
| Debtors | -804 | 3,829 | 1,212 | -1,400 | 2,438 | -95,291 | 99,761 | 287 | 720 | 0 |
| Creditors | -444 | 294 | -1,069 | -3,046 | 475 | -85,102 | 47,182 | 9,911 | 32,784 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,517 | 6,949 | ||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -8,500 | 0 | 8,500 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | ||||||||
| cash flow from financing | 0 | 8,501 | ||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -8,922 | -1,068 | 9,990 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -8,922 | -1,068 | 9,990 | 0 |
concept automotive (uk) ltd Credit Report and Business Information
Concept Automotive (uk) Ltd Competitor Analysis
Perform a competitor analysis for concept automotive (uk) ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BB2 area or any other competitors across 12 key performance metrics.
concept automotive (uk) ltd Ownership
CONCEPT AUTOMOTIVE (UK) LTD group structure
Concept Automotive (Uk) Ltd has no subsidiary companies.
Ultimate parent company
CONCEPT AUTOMOTIVE (UK) LTD
09044577
concept automotive (uk) ltd directors
Concept Automotive (Uk) Ltd currently has 1 director, Mr Aarif Patel serving since May 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aarif Patel | England | 48 years | May 2014 | - | Director |
P&L
August 2023turnover
44k
+1%
operating profit
-955
0%
gross margin
23.2%
+2.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
10.5k
-0.08%
total assets
11.5k
-0.11%
cash
0
0%
net assets
Total assets minus all liabilities
concept automotive (uk) ltd company details
company number
09044577
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
May 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
suite 14, freckleton business centre, blackburn, BB2 2AL
accountant
-
auditor
-
concept automotive (uk) 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 concept automotive (uk) ltd.
concept automotive (uk) ltd Companies House Filings - See Documents
| date | description | view/download |
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