wisecars group ltd
wisecars group ltd Company Information
Company Number
09091760
Website
arpremiumfoods.comRegistered Address
6-9 the square, stockley park, uxbridge, UB11 1FW
Industry
Sale, maintenance and repair of motorcycles and related parts and accessories
Sale of used cars and light motor vehicles
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
jasvinder singh khaneja 50%
rawil singh rangila 50%
wisecars group ltd Estimated Valuation
Pomanda estimates the enterprise value of WISECARS GROUP LTD at £208.1k based on a Turnover of £737k and 0.28x industry multiple (adjusted for size and gross margin).
wisecars group ltd Estimated Valuation
Pomanda estimates the enterprise value of WISECARS GROUP LTD at £2.3k based on an EBITDA of £636 and a 3.61x industry multiple (adjusted for size and gross margin).
wisecars group ltd Estimated Valuation
Pomanda estimates the enterprise value of WISECARS GROUP LTD at £0 based on Net Assets of £-117.9k and 2.9x industry multiple (adjusted for liquidity).
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Wisecars Group Ltd Overview
Wisecars Group Ltd is a live company located in uxbridge, UB11 1FW with a Companies House number of 09091760. 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 jasvinder singh khaneja with a 50% stake. Wisecars Group Ltd is a established, small sized company, Pomanda has estimated its turnover at £737k with declining growth in recent years.
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Wisecars Group Ltd Health Check
Pomanda's financial health check has awarded Wisecars Group Ltd a 1 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 £737k, make it smaller than the average company (£8.9m)
- Wisecars Group Ltd
£8.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (7.5%)
- Wisecars Group Ltd
7.5% - Industry AVG
Production
with a gross margin of 14.6%, this company has a comparable cost of product (14.6%)
- Wisecars Group Ltd
14.6% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (3%)
- Wisecars Group Ltd
3% - Industry AVG
Employees
with 3 employees, this is below the industry average (23)
- Wisecars Group Ltd
23 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
- Wisecars Group Ltd
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £245.7k, this is less efficient (£368.9k)
- Wisecars Group Ltd
£368.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Wisecars Group Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (31 days)
- Wisecars Group Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wisecars Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (6 weeks)
3 weeks - Wisecars Group Ltd
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1573.6%, this is a higher level of debt than the average (66.7%)
1573.6% - Wisecars Group Ltd
66.7% - Industry AVG
WISECARS GROUP LTD financials
Wisecars Group Ltd's latest turnover from June 2023 is estimated at £737 thousand and the company has net assets of -£117.9 thousand. According to their latest financial statements, we estimate that Wisecars Group Ltd has 3 employees and maintains cash reserves of £8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 92,500 | 82,500 | 80,500 | 250 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 8,002 | 1,706 | 0 | 42,061 | 829 | 18,040 | 5,310 | 42,130 | 8,011 |
| misc current assets | 0 | 0 | 3,761 | 0 | 0 | 0 | 1,207 | 5,067 | 0 |
| total current assets | 8,002 | 1,706 | 3,761 | 42,061 | 829 | 110,540 | 89,017 | 127,697 | 8,261 |
| total assets | 8,002 | 1,706 | 3,761 | 42,061 | 829 | 110,540 | 89,017 | 127,697 | 8,261 |
| Bank overdraft | 0 | 0 | 440 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 76,811 | 76,811 | 76,811 | 76,811 | 76,811 | 70,343 | 32,193 | 86,484 | 25,251 |
| 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 | 27,814 | 13,114 | 5,375 | 42,998 | 42,065 | 46,218 | 38,690 | 38,690 | 0 |
| total current liabilities | 104,625 | 89,925 | 82,626 | 119,809 | 118,876 | 116,561 | 70,883 | 125,174 | 25,251 |
| loans | 21,294 | 27,873 | 34,452 | 35,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 21,294 | 27,873 | 34,452 | 35,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 125,919 | 117,798 | 117,078 | 154,809 | 118,876 | 116,561 | 70,883 | 125,174 | 25,251 |
| net assets | -117,917 | -116,092 | -113,317 | -112,748 | -118,047 | -6,021 | 18,134 | 2,523 | -16,990 |
| total shareholders funds | -117,917 | -116,092 | -113,317 | -112,748 | -118,047 | -6,021 | 18,134 | 2,523 | -16,990 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | -92,500 | 10,000 | 2,000 | 80,250 | 250 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 6,468 | 38,150 | -54,291 | 61,233 | 25,251 |
| Accruals and Deferred Income | 14,700 | 7,739 | -37,623 | 933 | -4,153 | 7,528 | 0 | 38,690 | 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 | -6,579 | -6,579 | -548 | 35,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 6,296 | 1,706 | -42,061 | 41,232 | -17,211 | 12,730 | -36,820 | 34,119 | 8,011 |
| overdraft | 0 | -440 | 440 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 6,296 | 2,146 | -42,501 | 41,232 | -17,211 | 12,730 | -36,820 | 34,119 | 8,011 |
wisecars group ltd Credit Report and Business Information
Wisecars Group Ltd Competitor Analysis
Perform a competitor analysis for wisecars group ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in UB11 area or any other competitors across 12 key performance metrics.
wisecars group ltd Ownership
WISECARS GROUP LTD group structure
Wisecars Group Ltd has no subsidiary companies.
Ultimate parent company
WISECARS GROUP LTD
09091760
wisecars group ltd directors
Wisecars Group Ltd currently has 2 directors. The longest serving directors include Mr Jasvinder Khaneja (Feb 2024) and Mr Rawil Rangila (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jasvinder Khaneja | England | 19 years | Feb 2024 | - | Director |
| Mr Rawil Rangila | England | 52 years | Jul 2024 | - | Director |
P&L
June 2023turnover
737k
-15%
operating profit
636.5
0%
gross margin
14.7%
+4.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-117.9k
+0.02%
total assets
8k
+3.69%
cash
8k
+3.69%
net assets
Total assets minus all liabilities
wisecars group ltd company details
company number
09091760
Type
Private limited with Share Capital
industry
45400 - Sale, maintenance and repair of motorcycles and related parts and accessories
45112 - Sale of used cars and light motor vehicles
incorporation date
June 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
a r premium ltd (February 2024)
accountant
MSB & CO ACCOUNTANTS
auditor
-
address
6-9 the square, stockley park, uxbridge, UB11 1FW
Bank
-
Legal Advisor
-
wisecars group 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 wisecars group ltd.
wisecars group ltd Companies House Filings - See Documents
| date | description | view/download |
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