the car group ltd
the car group ltd Company Information
Company Number
09195686
Next Accounts
122 days late
Directors
Shareholders
the car group holdings ltd
Group Structure
View All
Industry
Sale of used cars and light motor vehicles
Registered Address
the car group ltd the car depot, derby way, bury, BL9 0NJ
Website
www.yourcargroup.co.ukthe car group ltd Estimated Valuation
Pomanda estimates the enterprise value of THE CAR GROUP LTD at £20.4m based on a Turnover of £33m and 0.62x industry multiple (adjusted for size and gross margin).
the car group ltd Estimated Valuation
Pomanda estimates the enterprise value of THE CAR GROUP LTD at £12.9m based on an EBITDA of £1.6m and a 8.09x industry multiple (adjusted for size and gross margin).
the car group ltd Estimated Valuation
Pomanda estimates the enterprise value of THE CAR GROUP LTD at £21.8m based on Net Assets of £7.6m and 2.87x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Car Group Ltd Overview
The Car Group Ltd is a live company located in bury, BL9 0NJ with a Companies House number of 09195686. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in August 2014, it's largest shareholder is the car group holdings ltd with a 100% stake. The Car Group Ltd is a established, large sized company, Pomanda has estimated its turnover at £33m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
The Car Group Ltd Health Check
Pomanda's financial health check has awarded The Car Group Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £33m, make it larger than the average company (£7.3m)
£33m - The Car Group Ltd
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 57%, show it is growing at a faster rate (7%)
- The Car Group Ltd
7% - Industry AVG
Production
with a gross margin of 14.8%, this company has a lower cost of product (11.2%)
14.8% - The Car Group Ltd
11.2% - Industry AVG
Profitability
an operating margin of 4.6% make it more profitable than the average company (3.3%)
4.6% - The Car Group Ltd
3.3% - Industry AVG
Employees
with 66 employees, this is above the industry average (14)
66 - The Car Group Ltd
14 - Industry AVG
Pay Structure
on an average salary of £24.3k, the company has a lower pay structure (£33.1k)
£24.3k - The Car Group Ltd
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £500.1k, this is equally as efficient (£519k)
£500.1k - The Car Group Ltd
£519k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (7 days)
1 days - The Car Group Ltd
7 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (16 days)
2 days - The Car Group Ltd
16 days - Industry AVG
Stock Days
it holds stock equivalent to 110 days, this is more than average (65 days)
110 days - The Car Group Ltd
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 - The Car Group Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.1%, this is a higher level of debt than the average (66.5%)
75.1% - The Car Group Ltd
66.5% - Industry AVG
THE CAR GROUP LTD financials
The Car Group Ltd's latest turnover from December 2022 is £33 million and the company has net assets of £7.6 million. According to their latest financial statements, The Car Group Ltd has 66 employees and maintains cash reserves of £199.2 thousand 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 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 33,007,726 | 35,958,666 | 15,911,037 | |||||
| Other Income Or Grants | 0 | 0 | 0 | |||||
| Cost Of Sales | 28,131,525 | 31,644,698 | 14,084,671 | |||||
| Gross Profit | 4,876,201 | 4,313,968 | 1,826,366 | |||||
| Admin Expenses | 3,374,005 | 2,839,183 | 1,821,458 | |||||
| Operating Profit | 1,502,196 | 1,474,785 | 4,908 | |||||
| Interest Payable | 1,451,836 | 1,249,341 | 185,071 | |||||
| Interest Receivable | 0 | 0 | 36 | |||||
| Pre-Tax Profit | 50,360 | 225,444 | -180,127 | |||||
| Tax | 3,269 | -3,787 | 0 | |||||
| Profit After Tax | 53,629 | 221,657 | -180,127 | |||||
| Dividends Paid | 0 | 0 | 0 | |||||
| Retained Profit | 53,629 | 221,657 | -180,127 | |||||
| Employee Costs | 1,603,211 | 1,505,284 | 842,321 | |||||
| Number Of Employees | 66 | 68 | 40 | 10 | 7 | |||
| EBITDA* | 1,592,423 | 1,585,808 | 120,938 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 21,118,629 | 14,937,352 | 14,441,811 | 7,332,712 | 3,779,685 | 1,751 | 2,061 | 2,425 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 21,118,629 | 14,937,352 | 14,441,811 | 7,332,712 | 3,779,685 | 1,751 | 2,061 | 2,425 |
| Stock & work in progress | 8,504,039 | 10,218,437 | 8,613,592 | 2,706,559 | 3,758,759 | 251,149 | 0 | 65,422 |
| Trade Debtors | 99,037 | 185,991 | 87,035 | 14,191 | 0 | 0 | 104,204 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 587,952 | 1,153,731 | 1,176,910 | 107,140 | 501,968 | 0 | 0 | 0 |
| Cash | 199,225 | 522,244 | 156,575 | 30,508 | 432,800 | 28,178 | 0 | 14,037 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,390,253 | 12,080,403 | 10,034,112 | 2,858,398 | 4,219,413 | 279,327 | 104,204 | 79,459 |
| total assets | 30,508,882 | 27,017,755 | 24,475,923 | 10,191,110 | 7,999,098 | 281,078 | 106,265 | 81,884 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 2,581,903 | 10,000 | 5,833 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 179,263 | 1,194,198 | 480,462 | 499,314 | 32,623 | 141,932 | 96,803 | 126,846 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,663,612 | 9,496,851 | 7,275,147 | 45,157 | 18,713 | 0 | 0 | 0 |
| total current liabilities | 11,424,778 | 10,701,049 | 7,761,442 | 544,471 | 59,421 | 141,932 | 96,803 | 126,846 |
| loans | 9,175,869 | 35,000 | 44,167 | 0 | 7,718,595 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 8,754,406 | 9,330,721 | 8,858,595 | 0 | 0 | 0 | 0 |
| provisions | 2,324,862 | 1,745,488 | 1,341,588 | 62,570 | 0 | 0 | 0 | 0 |
| total long term liabilities | 11,500,731 | 10,534,894 | 10,716,476 | 8,921,165 | 7,718,595 | 0 | 0 | 0 |
| total liabilities | 22,925,509 | 21,235,943 | 18,477,918 | 9,465,636 | 7,778,016 | 141,932 | 96,803 | 126,846 |
| net assets | 7,583,373 | 5,781,812 | 5,998,005 | 725,474 | 221,082 | 139,146 | 9,462 | -44,962 |
| total shareholders funds | 7,583,373 | 5,781,812 | 5,998,005 | 725,474 | 221,082 | 139,146 | 9,462 | -44,962 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 1,502,196 | 1,474,785 | 4,908 | |||||
| Depreciation | 90,227 | 111,023 | 116,030 | 139,737 | 18,744 | 428 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | 3,269 | -3,787 | 0 | |||||
| Stock | -1,714,398 | 1,604,845 | 5,907,033 | -1,052,200 | 3,507,610 | 251,149 | -65,422 | 65,422 |
| Debtors | -652,733 | 75,777 | 1,142,614 | -380,637 | 501,968 | -104,204 | 104,204 | 0 |
| Creditors | -1,014,935 | 713,736 | -18,852 | 466,691 | -109,309 | 45,129 | -30,043 | 126,846 |
| Accruals and Deferred Income | -833,239 | 2,221,704 | 7,229,990 | 26,444 | 18,713 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 579,374 | 403,900 | 1,279,018 | 62,570 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,694,023 | 3,240,739 | 1,561,447 | |||||
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | |||||
| Financing Activities | ||||||||
| Bank loans | 2,571,903 | 4,167 | 5,833 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 9,140,869 | -9,167 | 44,167 | -7,718,595 | 7,718,595 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -8,754,406 | -576,315 | 472,126 | 8,858,595 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -1,451,836 | -1,249,341 | -185,035 | |||||
| cash flow from financing | 3,254,462 | -2,268,506 | 5,789,749 | |||||
| cash and cash equivalents | ||||||||
| cash | -323,019 | 365,669 | 126,067 | -402,292 | 404,622 | 28,178 | -14,037 | 14,037 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -323,019 | 365,669 | 126,067 | -402,292 | 404,622 | 28,178 | -14,037 | 14,037 |
the car group ltd Credit Report and Business Information
The Car Group Ltd Competitor Analysis
Perform a competitor analysis for the car group ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in BL9 area or any other competitors across 12 key performance metrics.
the car group ltd Ownership
THE CAR GROUP LTD group structure
The Car Group Ltd has no subsidiary companies.
the car group ltd directors
The Car Group Ltd currently has 1 director, Mr Raza Habib serving since Oct 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Raza Habib | United Kingdom | 44 years | Oct 2017 | - | Director |
P&L
December 2022turnover
33m
-8%
operating profit
1.5m
+2%
gross margin
14.8%
+23.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
7.6m
+0.31%
total assets
30.5m
+0.13%
cash
199.2k
-0.62%
net assets
Total assets minus all liabilities
the car group ltd company details
company number
09195686
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
August 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
car sales & finance ltd (October 2017)
car sales co bury ltd (January 2015)
accountant
-
auditor
AIMS ACCOUNTANTS CORPORATE LTD
address
the car group ltd the car depot, derby way, bury, BL9 0NJ
Bank
-
Legal Advisor
-
the car 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 found 5 charges/mortgages relating to the car group ltd. Currently there are 0 open charges and 5 have been satisfied in the past.
the car group ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for THE CAR GROUP LTD. This can take several minutes, an email will notify you when this has completed.
the car group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
