Pomanda estimates the enterprise value of CLASSIC CAR AUCTIONS LTD at £158.3k based on a Turnover of £666.5k and 0.24x industry multiple (adjusted for size and gross margin).
classic car auctions ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of CLASSIC CAR AUCTIONS LTD at £0 based on an EBITDA of £-23.4k and a 3.2x industry multiple (adjusted for size and gross margin).
classic car auctions ltdEstimated Valuation
£254k
Pomanda estimates the enterprise value of CLASSIC CAR AUCTIONS LTD at £254k based on Net Assets of £91.6k and 2.77x industry multiple (adjusted for liquidity).
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Classic Car Auctions LtdOverview
Classic Car Auctions Ltd is a live company located in ashorne, CV35 0AA with a Companies House number of 09302779. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in November 2014, it's largest shareholder is
nick whale holdings ltd
with a 85% stake. Classic Car Auctions Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£666.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Classic Car Auctions Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £666.5k, make it smaller than the average company (£18.5m)
£666.5k - Classic Car Auctions Ltd
£18.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (10.3%)
-17% - Classic Car Auctions Ltd
10.3% - Industry AVG
Production
with a gross margin of 8.2%, this company has a higher cost of product (12.6%)
8.2% - Classic Car Auctions Ltd
12.6% - Industry AVG
Profitability
an operating margin of -5.9% make it less profitable than the average company (3.3%)
-5.9% - Classic Car Auctions Ltd
3.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (39)
6 - Classic Car Auctions Ltd
39 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
£38.4k - Classic Car Auctions Ltd
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £111.1k, this is less efficient (£516.5k)
£111.1k - Classic Car Auctions Ltd
£516.5k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is later than average (12 days)
19 days - Classic Car Auctions Ltd
12 days - Industry AVG
Creditor Days
its suppliers are paid after 129 days, this is slower than average (29 days)
129 days - Classic Car Auctions Ltd
29 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (75 days)
10 days - Classic Car Auctions Ltd
75 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 57 weeks, this is more cash available to meet short term requirements (8 weeks)
57 weeks - Classic Car Auctions Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.4%, this is a similar level of debt than the average (68.9%)
70.4% - Classic Car Auctions Ltd
68.9% - Industry AVG
CLASSIC CAR AUCTIONS LTD financials
EXPORT
Classic Car Auctions Ltd's latest turnover from December 2023 is estimated at £666.5 thousand and the company has net assets of £91.6 thousand. According to their latest financial statements, Classic Car Auctions Ltd has 6 employees and maintains cash reserves of £238.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Turnover
666,510
1,274,346
720,298
1,161,812
1,008,299
1,058,915
946,380
623,117
554,456
Other Income Or Grants
Cost Of Sales
611,707
1,160,875
661,227
1,071,507
926,780
968,610
864,725
569,616
503,334
Gross Profit
54,803
113,471
59,071
90,305
81,520
90,306
81,655
53,501
51,121
Admin Expenses
94,095
141,867
133,054
84,084
-9,736
55,949
6,458
-100,441
179,346
Operating Profit
-39,292
-28,396
-73,983
6,221
91,256
34,357
75,197
153,942
-128,225
Interest Payable
Interest Receivable
9,382
5,850
928
372
1,961
1,745
803
346
286
Pre-Tax Profit
-29,910
-22,546
-73,055
6,593
93,217
36,102
76,000
154,288
-127,939
Tax
-1,253
-17,711
-6,859
-14,440
-30,857
Profit After Tax
-29,910
-22,546
-73,055
5,340
75,506
29,243
61,560
123,430
-127,939
Dividends Paid
Retained Profit
-29,910
-22,546
-73,055
5,340
75,506
29,243
61,560
123,430
-127,939
Employee Costs
230,147
255,842
103,551
133,488
167,631
225,358
187,915
124,335
60,320
Number Of Employees
6
7
3
4
5
7
6
4
2
EBITDA*
-23,442
-11,678
-52,349
20,197
104,227
52,422
94,649
162,804
-116,893
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Tangible Assets
507
3,062
11,993
14,374
20,053
11,641
16,370
17,321
11,317
Intangible Assets
16,376
29,672
14,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
16,883
32,734
11,993
28,374
20,053
11,641
16,370
17,321
11,317
Stock & work in progress
18,304
6,800
Trade Debtors
35,449
120,465
70,467
71,681
100,491
23,980
149,955
3,562
2,148
Group Debtors
Misc Debtors
Cash
238,613
118,793
215,475
526,592
216,610
306,289
159,140
162,250
114,532
misc current assets
total current assets
292,366
239,258
285,942
598,273
317,101
330,269
315,895
165,812
116,680
total assets
309,249
271,992
297,935
626,647
337,154
341,910
332,265
183,133
127,997
Bank overdraft
Bank loan
Trade Creditors
217,620
147,098
153,850
404,116
121,544
203,404
221,940
135,752
205,936
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
217,620
147,098
153,850
404,116
121,544
203,404
221,940
135,752
205,936
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
3,355
5,391
3,810
2,212
3,274
1,890
total long term liabilities
3,355
5,391
3,810
2,212
3,274
1,890
total liabilities
217,620
150,453
153,850
409,507
125,354
205,616
225,214
137,642
205,936
net assets
91,629
121,539
144,085
217,140
211,800
136,294
107,051
45,491
-77,939
total shareholders funds
91,629
121,539
144,085
217,140
211,800
136,294
107,051
45,491
-77,939
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Operating Activities
Operating Profit
-39,292
-28,396
-73,983
6,221
91,256
34,357
75,197
153,942
-128,225
Depreciation
2,554
6,420
7,634
6,976
12,971
18,065
19,452
8,862
11,332
Amortisation
13,296
10,298
14,000
7,000
Tax
-1,253
-17,711
-6,859
-14,440
-30,857
Stock
18,304
-6,800
6,800
Debtors
-85,016
49,998
-1,214
-28,810
76,511
-125,975
146,393
1,414
2,148
Creditors
70,522
-6,752
-250,266
282,572
-81,860
-18,536
86,188
-70,184
205,936
Accruals and Deferred Income
Deferred Taxes & Provisions
-3,355
3,355
-5,391
1,581
1,598
-1,062
1,384
1,890
Cash flow from operations
110,437
-65,073
-306,792
331,907
-70,257
158,740
14,588
62,239
86,895
Investing Activities
capital expenditure
1
-37,459
-5,253
-22,297
-21,383
-13,336
-18,501
-14,866
-22,649
Change in Investments
cash flow from investments
1
-37,459
-5,253
-22,297
-21,383
-13,336
-18,501
-14,866
-22,649
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
50,000
interest
9,382
5,850
928
372
1,961
1,745
803
346
286
cash flow from financing
9,382
5,850
928
372
1,961
1,745
803
346
50,286
cash and cash equivalents
cash
119,820
-96,682
-311,117
309,982
-89,679
147,149
-3,110
47,718
114,532
overdraft
change in cash
119,820
-96,682
-311,117
309,982
-89,679
147,149
-3,110
47,718
114,532
classic car auctions ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for classic car auctions ltd. Get real-time insights into classic car auctions ltd's credit score, group structure and payment trends.
Perform a competitor analysis for classic car auctions 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 CV35 area or any other competitors across 12 key performance metrics.
classic car auctions ltd Ownership
CLASSIC CAR AUCTIONS LTD group structure
Classic Car Auctions Ltd has no subsidiary companies.
The largest shareholders in Classic Car Auctions Ltd include Nick Whale Holdings Ltd and Gary Dunne.
nick whale holdings ltd
85%
gary dunne
5%
lionel abbott
5%
castello cars limited
2.5%
deborah kempton
2.5%
classic car auctions ltd directors
Classic Car Auctions Ltd currently has 3 directors.
The longest serving directors include
Mr Lionel Abbott (Nov 2014) and
Mr Nicholas Whale (Nov 2014).
the forge, harwood house and barns, ashorne, warwickshire, CV35 0AA
Bank
-
Legal Advisor
-
classic car auctions 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 1 charges/mortgages relating to classic car auctions ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
classic car auctions 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 CLASSIC CAR AUCTIONS LTD. This can take several minutes, an email will notify you when this has completed.
classic car auctions ltdCompanies House Filings - See Documents
