london tyre shop ltd

Dissolved 

london tyre shop ltd Company Information

Share LONDON TYRE SHOP LTD

Company Number

09320369

Shareholders

wahidurhman rasolee

Group Structure

View All

Industry

Maintenance and repair of motor vehicles

 

Registered Address

5 elmdale road, london, N13 4UN

london tyre shop ltd Estimated Valuation

£61.5k

Pomanda estimates the enterprise value of LONDON TYRE SHOP LTD at £61.5k based on a Turnover of £292.8k and 0.21x industry multiple (adjusted for size and gross margin).

london tyre shop ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of LONDON TYRE SHOP LTD at £0 based on an EBITDA of £-27.9k and a 3.05x industry multiple (adjusted for size and gross margin).

london tyre shop ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of LONDON TYRE SHOP LTD at £0 based on Net Assets of £-169.5k and 2.79x industry multiple (adjusted for liquidity).

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London Tyre Shop Ltd Overview

London Tyre Shop Ltd is a dissolved company that was located in london, N13 4UN with a Companies House number of 09320369. It operated in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in November 2014, it's largest shareholder was wahidurhman rasolee with a 100% stake. The last turnover for London Tyre Shop Ltd was estimated at £292.8k.

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London Tyre Shop Ltd Health Check

Pomanda's financial health check has awarded London Tyre Shop Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £292.8k, make it smaller than the average company (£424.7k)

£292.8k - London Tyre Shop Ltd

£424.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8%)

9% - London Tyre Shop Ltd

8% - Industry AVG

production

Production

with a gross margin of 22.5%, this company has a higher cost of product (35.8%)

22.5% - London Tyre Shop Ltd

35.8% - Industry AVG

profitability

Profitability

an operating margin of -9.5% make it less profitable than the average company (5.8%)

-9.5% - London Tyre Shop Ltd

5.8% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (6)

4 - London Tyre Shop Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.7k, the company has an equivalent pay structure (£27.7k)

£27.7k - London Tyre Shop Ltd

£27.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £73.2k, this is less efficient (£100.1k)

£73.2k - London Tyre Shop Ltd

£100.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 116 days, this is later than average (35 days)

116 days - London Tyre Shop Ltd

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (42 days)

2 days - London Tyre Shop Ltd

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - London Tyre Shop Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - London Tyre Shop Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 280.4%, this is a higher level of debt than the average (67.1%)

280.4% - London Tyre Shop Ltd

67.1% - Industry AVG

LONDON TYRE SHOP LTD financials

EXPORTms excel logo

London Tyre Shop Ltd's latest turnover from November 2023 is estimated at £292.8 thousand and the company has net assets of -£169.5 thousand. According to their latest financial statements, London Tyre Shop Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Turnover292,794418,965345,316225,849241,779156,56290,794203,874172,375
Other Income Or Grants
Cost Of Sales226,973329,986273,438176,391185,360117,40166,118146,205127,216
Gross Profit65,82188,97971,87949,45856,41839,16124,67557,66945,159
Admin Expenses93,714101,52576,78266,45997,32448,18741,35675,34959,932
Operating Profit-27,893-12,546-4,903-17,001-40,906-9,026-16,681-17,680-14,773
Interest Payable2,5333,9911,619
Interest Receivable21422177
Pre-Tax Profit-27,893-12,546-4,903-17,001-40,885-8,984-19,193-21,664-16,385
Tax
Profit After Tax-27,893-12,546-4,903-17,001-40,885-8,984-19,193-21,664-16,385
Dividends Paid
Retained Profit-27,893-12,546-4,903-17,001-40,885-8,984-19,193-21,664-16,385
Employee Costs110,952103,38578,34680,987139,555114,75526,91353,31026,610
Number Of Employees443354121
EBITDA*-27,893-12,546-4,903-17,001-40,906-9,026-16,681-17,460-14,498

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Tangible Assets1862322903624525657068821,102
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1862322903624525657068821,102
Stock & work in progress55,65449,40139,04032,301
Trade Debtors93,750150,766122,96975,42761,27225,612
Group Debtors
Misc Debtors
Cash5,5815,6052,7862,734
misc current assets
total current assets93,750150,766122,96975,42761,27286,84755,00641,82635,035
total assets93,936150,998123,25975,78961,72487,41255,71242,70836,137
Bank overdraft
Bank loan
Trade Creditors 1,33331,78528,2512,9033,3363,7094,273
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities2,7342,622
total current liabilities1,33331,78528,2512,9033,3363,7094,2732,7342,622
loans77,92349,800
hp & lease commitments
Accruals and Deferred Income973553270
other liabilities261,084260,221223,753196,998165,499149,829108,581
provisions
total long term liabilities262,057260,774224,023196,998165,499149,829108,58177,92349,800
total liabilities263,390292,559252,274199,901168,835153,538112,85480,65752,422
net assets-169,454-141,561-129,015-124,112-107,111-66,126-57,142-37,949-16,285
total shareholders funds-169,454-141,561-129,015-124,112-107,111-66,126-57,142-37,949-16,285
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Operating Activities
Operating Profit-27,893-12,546-4,903-17,001-40,906-9,026-16,681-17,680-14,773
Depreciation220275
Amortisation
Tax
Stock-55,6546,25310,3616,73932,301
Debtors-57,01627,79747,54214,15535,66025,612
Creditors-30,4523,53425,348-433-373-5644,273
Accruals and Deferred Income420283270-2,7341122,622
Deferred Taxes & Provisions
Cash flow from operations-909-36,526-26,827-31,589-21,285-41,455-25,503-24,087-44,177
Investing Activities
capital expenditure46587290113141176-1,377
Change in Investments
cash flow from investments46587290113141176-1,377
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-77,92328,12349,800
Hire Purchase and Lease Commitments
other long term liabilities86336,46826,75531,49915,67041,248108,581
share issue-100100
interest2142-2,512-3,984-1,612
cash flow from financing86336,46826,75531,49915,59141,29028,14624,13948,288
cash and cash equivalents
cash-5,581-242,819522,734
overdraft
change in cash-5,581-242,819522,734

london tyre shop ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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London Tyre Shop Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for london tyre shop ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in N13 area or any other competitors across 12 key performance metrics.

london tyre shop ltd Ownership

LONDON TYRE SHOP LTD group structure

London Tyre Shop Ltd has no subsidiary companies.

Ultimate parent company

LONDON TYRE SHOP LTD

09320369

LONDON TYRE SHOP LTD Shareholders

wahidurhman rasolee 100%

london tyre shop ltd directors

London Tyre Shop Ltd currently has 1 director, Wahidurhman Rasolee serving since Nov 2014.

officercountryagestartendrole
Wahidurhman RasoleeEngland41 years Nov 2014- Director

P&L

November 2023

turnover

292.8k

-30%

operating profit

-27.9k

0%

gross margin

22.5%

+5.85%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

-169.5k

+0.2%

total assets

93.9k

-0.38%

cash

0

0%

net assets

Total assets minus all liabilities

london tyre shop ltd company details

company number

09320369

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

November 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

5 elmdale road, london, N13 4UN

Bank

-

Legal Advisor

-

london tyre shop 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 london tyre shop ltd.

london tyre shop 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.

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london tyre shop ltd Companies House Filings - See Documents

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