mini direct limited
mini direct limited Company Information
Company Number
09050599
Website
www.mini-direct.co.ukRegistered Address
10 cheyne walk, northampton, NN1 5PT
Industry
Sale of used cars and light motor vehicles
Telephone
01905381000
Next Accounts Due
May 2025
Group Structure
View All
Directors
Rupert Checkley10 Years
Shareholders
david robert warwick checkley 100%
rupert william checkley 0%
mini direct limited Estimated Valuation
Pomanda estimates the enterprise value of MINI DIRECT LIMITED at £110.6k based on a Turnover of £633.8k and 0.17x industry multiple (adjusted for size and gross margin).
mini direct limited Estimated Valuation
Pomanda estimates the enterprise value of MINI DIRECT LIMITED at £0 based on an EBITDA of £-19.8k and a 2.86x industry multiple (adjusted for size and gross margin).
mini direct limited Estimated Valuation
Pomanda estimates the enterprise value of MINI DIRECT LIMITED at £648.7k based on Net Assets of £205.3k and 3.16x industry multiple (adjusted for liquidity).
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Mini Direct Limited Overview
Mini Direct Limited is a live company located in northampton, NN1 5PT with a Companies House number of 09050599. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in May 2014, it's largest shareholder is david robert warwick checkley with a 100% stake. Mini Direct Limited is a established, small sized company, Pomanda has estimated its turnover at £633.8k with declining growth in recent years.
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Mini Direct Limited Health Check
Pomanda's financial health check has awarded Mini Direct Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £633.8k, make it smaller than the average company (£2.1m)
- Mini Direct Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (8.8%)
- Mini Direct Limited
8.8% - Industry AVG
Production
with a gross margin of 7.2%, this company has a higher cost of product (11.7%)
- Mini Direct Limited
11.7% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (2.7%)
- Mini Direct Limited
2.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Mini Direct Limited
6 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- Mini Direct Limited
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £633.8k, this is more efficient (£398.4k)
- Mini Direct Limited
£398.4k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (10 days)
- Mini Direct Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is slower than average (15 days)
- Mini Direct Limited
15 days - Industry AVG
Stock Days
it holds stock equivalent to 201 days, this is more than average (64 days)
- Mini Direct Limited
64 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 188 weeks, this is more cash available to meet short term requirements (9 weeks)
188 weeks - Mini Direct Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.4%, this is a lower level of debt than the average (70.2%)
60.4% - Mini Direct Limited
70.2% - Industry AVG
MINI DIRECT LIMITED financials
Mini Direct Limited's latest turnover from August 2023 is estimated at £633.8 thousand and the company has net assets of £205.3 thousand. According to their latest financial statements, we estimate that Mini Direct Limited has 1 employee and maintains cash reserves of £159.9 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 8 | 5 | 4 | 4 | 4 | 2 | 2 | ||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,393 | 18,036 | 12,803 | 10,238 | 9,506 | 11,399 | 12,026 | 12,584 | 9,295 |
| 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 | 15,393 | 18,036 | 12,803 | 10,238 | 9,506 | 11,399 | 12,026 | 12,584 | 9,295 |
| Stock & work in progress | 325,094 | 399,184 | 334,728 | 366,491 | 214,638 | 238,770 | 291,416 | 312,247 | 117,926 |
| Trade Debtors | 11,317 | 35,301 | 56,926 | 61,738 | 41,200 | 22,392 | 250 | 2,150 | 19,484 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,000 | 6,155 | 0 | 1,573 | 5,085 | 22,246 | 8,115 | 13,922 | 0 |
| Cash | 159,889 | 80,396 | 64,363 | 54,511 | 47,961 | 70,587 | 80,297 | 86,642 | 50,311 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 503,300 | 521,036 | 456,017 | 484,313 | 308,884 | 353,995 | 380,078 | 414,961 | 187,721 |
| total assets | 518,693 | 539,072 | 468,820 | 494,551 | 318,390 | 365,394 | 392,104 | 427,545 | 197,016 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 44,062 | 67,621 | 196,401 | 196,375 | 10,676 | 7,352 | 2,710 | 44,073 | 140,652 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 107,879 | 106,925 | 122,491 | 102,434 | 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 | 38,563 | 12,495 | 23,635 | 25,996 | 0 |
| total current liabilities | 44,062 | 67,621 | 196,401 | 196,375 | 157,118 | 126,772 | 148,836 | 172,503 | 140,652 |
| loans | 0 | 0 | 0 | 0 | 250,000 | 250,000 | 250,000 | 260,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 4,757 | 735 | 700 | 2,638 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 261,602 | 244,426 | 267,500 | 270,000 | 0 | 0 | 0 | 0 | 50,000 |
| provisions | 2,925 | 3,427 | 2,433 | 1,942 | 1,806 | 2,166 | 2,517 | 2,517 | 1,859 |
| total long term liabilities | 269,284 | 248,588 | 270,633 | 274,580 | 251,806 | 252,166 | 252,517 | 262,517 | 51,859 |
| total liabilities | 313,346 | 316,209 | 467,034 | 470,955 | 408,924 | 378,938 | 401,353 | 435,020 | 192,511 |
| net assets | 205,347 | 222,863 | 1,786 | 23,596 | -90,534 | -13,544 | -9,249 | -7,475 | 4,505 |
| total shareholders funds | 205,347 | 222,863 | 1,786 | 23,596 | -90,534 | -13,544 | -9,249 | -7,475 | 4,505 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 3,733 | 4,397 | 3,030 | 2,076 | 1,893 | 2,335 | 2,605 | 2,659 | 1,990 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | -74,090 | 64,456 | -31,763 | 151,853 | -24,132 | -52,646 | -20,831 | 194,321 | 117,926 |
| Debtors | -23,139 | -15,470 | -6,385 | 17,026 | 1,647 | 36,273 | -7,707 | -3,412 | 19,484 |
| Creditors | -23,559 | -128,780 | 26 | 185,699 | 3,324 | 4,642 | -41,363 | -96,579 | 140,652 |
| Accruals and Deferred Income | 4,022 | 35 | -1,938 | -35,925 | 26,068 | -11,140 | -2,361 | 25,996 | 0 |
| Deferred Taxes & Provisions | -502 | 994 | 491 | 136 | -360 | -351 | 0 | 658 | 1,859 |
| 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 | -107,879 | 954 | -15,566 | 20,057 | 102,434 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -250,000 | 0 | 0 | -10,000 | 260,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 17,176 | -23,074 | -2,500 | 270,000 | 0 | 0 | 0 | -50,000 | 50,000 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 79,493 | 16,033 | 9,852 | 6,550 | -22,626 | -9,710 | -6,345 | 36,331 | 50,311 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 79,493 | 16,033 | 9,852 | 6,550 | -22,626 | -9,710 | -6,345 | 36,331 | 50,311 |
mini direct limited Credit Report and Business Information
Mini Direct Limited Competitor Analysis
Perform a competitor analysis for mini direct limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NN1 area or any other competitors across 12 key performance metrics.
mini direct limited Ownership
MINI DIRECT LIMITED group structure
Mini Direct Limited has no subsidiary companies.
Ultimate parent company
MINI DIRECT LIMITED
09050599
mini direct limited directors
Mini Direct Limited currently has 1 director, Mr Rupert Checkley serving since May 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rupert Checkley | England | 53 years | May 2014 | - | Director |
P&L
August 2023turnover
633.8k
-36%
operating profit
-23.5k
0%
gross margin
7.2%
-3.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
205.3k
-0.08%
total assets
518.7k
-0.04%
cash
159.9k
+0.99%
net assets
Total assets minus all liabilities
mini direct limited company details
company number
09050599
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
May 2014
age
10
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
10 cheyne walk, northampton, NN1 5PT
accountant
THE NUMBERSMITH LIMITED
auditor
-
mini direct 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 mini direct limited.
mini direct limited Companies House Filings - See Documents
| date | description | view/download |
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