mfi motor company limited
mfi motor company limited Company Information
Company Number
09088905
Website
www.mfimotorgroup.comRegistered Address
339b london road, mitcham, surrey, CR4 4BE
Industry
Sale of used cars and light motor vehicles
Telephone
02086822337
Next Accounts Due
September 2024
Group Structure
View All
Directors
Shezad Ismail9 Years
Shareholders
shezad ismail 100%
mfi motor company limited Estimated Valuation
Pomanda estimates the enterprise value of MFI MOTOR COMPANY LIMITED at £992.9k based on a Turnover of £4.2m and 0.24x industry multiple (adjusted for size and gross margin).
mfi motor company limited Estimated Valuation
Pomanda estimates the enterprise value of MFI MOTOR COMPANY LIMITED at £251.8k based on an EBITDA of £68.2k and a 3.69x industry multiple (adjusted for size and gross margin).
mfi motor company limited Estimated Valuation
Pomanda estimates the enterprise value of MFI MOTOR COMPANY LIMITED at £655.1k based on Net Assets of £245.1k and 2.67x industry multiple (adjusted for liquidity).
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Mfi Motor Company Limited Overview
Mfi Motor Company Limited is a live company located in surrey, CR4 4BE with a Companies House number of 09088905. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in June 2014, it's largest shareholder is shezad ismail with a 100% stake. Mfi Motor Company Limited is a established, small sized company, Pomanda has estimated its turnover at £4.2m with declining growth in recent years.
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Mfi Motor Company Limited Health Check
Pomanda's financial health check has awarded Mfi Motor Company Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
6 Weak
Size
annual sales of £4.2m, make it smaller than the average company (£6.3m)
- Mfi Motor Company Limited
£6.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (6.7%)
- Mfi Motor Company Limited
6.7% - Industry AVG
Production
with a gross margin of 11%, this company has a comparable cost of product (11%)
- Mfi Motor Company Limited
11% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (3.2%)
- Mfi Motor Company Limited
3.2% - Industry AVG
Employees
with 10 employees, this is similar to the industry average (12)
10 - Mfi Motor Company Limited
12 - Industry AVG
Pay Structure
on an average salary of £32.7k, the company has an equivalent pay structure (£32.7k)
- Mfi Motor Company Limited
£32.7k - Industry AVG
Efficiency
resulting in sales per employee of £416.5k, this is less efficient (£500.1k)
- Mfi Motor Company Limited
£500.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mfi Motor Company Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is slower than average (16 days)
- Mfi Motor Company Limited
16 days - Industry AVG
Stock Days
it holds stock equivalent to 78 days, this is more than average (65 days)
- Mfi Motor Company Limited
65 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Mfi Motor Company Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.2%, this is a similar level of debt than the average (66.1%)
71.2% - Mfi Motor Company Limited
66.1% - Industry AVG
MFI MOTOR COMPANY LIMITED financials
Mfi Motor Company Limited's latest turnover from December 2022 is estimated at £4.2 million and the company has net assets of £245.1 thousand. According to their latest financial statements, Mfi Motor Company Limited has 10 employees and maintains cash reserves of £507 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 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 | 10 | 8 | 10 | 10 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 52,327 | 6,453 | 6,032 | 5,659 | 5,897 | 6,517 | 8,689 | 0 | 0 |
| 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 | 52,327 | 6,453 | 6,032 | 5,659 | 5,897 | 6,517 | 8,689 | 0 | 0 |
| Stock & work in progress | 797,941 | 0 | 0 | 0 | 0 | 0 | 70,000 | 0 | 0 |
| Trade Debtors | 0 | 712,392 | 618,144 | 397,755 | 286,716 | 207,898 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 507 | 0 | 0 | 0 | 0 | 0 | 500 | 1,000 | 0 |
| misc current assets | 107 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 798,555 | 712,392 | 618,144 | 397,755 | 286,716 | 207,898 | 70,500 | 1,000 | 0 |
| total assets | 850,882 | 718,845 | 624,176 | 403,414 | 292,613 | 214,415 | 79,189 | 1,000 | 0 |
| Bank overdraft | 24,313 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 187,020 | 410,568 | 340,530 | 185,277 | 167,979 | 127,813 | 29,858 | 0 | 0 |
| Group/Directors Accounts | 82,754 | 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 | 218,136 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 512,223 | 410,568 | 340,530 | 185,277 | 167,979 | 127,813 | 29,858 | 0 | 0 |
| loans | 33,570 | 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 | 3,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 60,000 | 103,479 | 110,000 | 60,000 | 40,000 | 40,000 | 15,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 93,570 | 106,479 | 113,000 | 60,000 | 40,000 | 40,000 | 15,000 | 0 | 0 |
| total liabilities | 605,793 | 517,047 | 453,530 | 245,277 | 207,979 | 167,813 | 44,858 | 0 | 0 |
| net assets | 245,089 | 201,798 | 170,646 | 158,137 | 84,634 | 46,602 | 34,331 | 1,000 | 0 |
| total shareholders funds | 245,089 | 201,798 | 170,646 | 158,137 | 84,634 | 46,602 | 34,331 | 1,000 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 13,240 | 2,896 | 0 | ||||||
| Amortisation | 0 | 0 | 0 | ||||||
| Tax | |||||||||
| Stock | 797,941 | 0 | 0 | 0 | 0 | -70,000 | 70,000 | 0 | 0 |
| Debtors | -712,392 | 94,248 | 220,389 | 111,039 | 78,818 | 207,898 | 0 | 0 | 0 |
| Creditors | -223,548 | 70,038 | 155,253 | 17,298 | 40,166 | 97,955 | 29,858 | 0 | 0 |
| Accruals and Deferred Income | 215,136 | 0 | 3,000 | 0 | 0 | 0 | 0 | 0 | 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 | 82,754 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 33,570 | 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 | -43,479 | -6,521 | 50,000 | 20,000 | 0 | 25,000 | 15,000 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 507 | 0 | 0 | 0 | 0 | -500 | -500 | 1,000 | 0 |
| overdraft | 24,313 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -23,806 | 0 | 0 | 0 | 0 | -500 | -500 | 1,000 | 0 |
mfi motor company limited Credit Report and Business Information
Mfi Motor Company Limited Competitor Analysis
Perform a competitor analysis for mfi motor company limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mfi motor company limited Ownership
MFI MOTOR COMPANY LIMITED group structure
Mfi Motor Company Limited has no subsidiary companies.
Ultimate parent company
MFI MOTOR COMPANY LIMITED
09088905
mfi motor company limited directors
Mfi Motor Company Limited currently has 1 director, Mr Shezad Ismail serving since Jun 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shezad Ismail | England | 40 years | Jun 2014 | - | Director |
P&L
December 2022turnover
4.2m
-73%
operating profit
55k
0%
gross margin
11.1%
+6.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
245.1k
+0.21%
total assets
850.9k
+0.18%
cash
507
0%
net assets
Total assets minus all liabilities
Similar Companies
mfi motor company limited company details
company number
09088905
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
June 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
339b london road, mitcham, surrey, CR4 4BE
last accounts submitted
December 2022
mfi motor company 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 mfi motor company limited.
mfi motor company limited Companies House Filings - See Documents
| date | description | view/download |
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