joe macari performance cars limited
joe macari performance cars limited Company Information
Group Structure
View All
Industry
Sale of used cars and light motor vehicles
Registered Address
249-251 merton road, london, SW18 5EB
Website
www.joemacari.comjoe macari performance cars limited Estimated Valuation
Pomanda estimates the enterprise value of JOE MACARI PERFORMANCE CARS LIMITED at £38.2m based on a Turnover of £124.2m and 0.31x industry multiple (adjusted for size and gross margin).
joe macari performance cars limited Estimated Valuation
Pomanda estimates the enterprise value of JOE MACARI PERFORMANCE CARS LIMITED at £145.3k based on an EBITDA of £30.3k and a 4.79x industry multiple (adjusted for size and gross margin).
joe macari performance cars limited Estimated Valuation
Pomanda estimates the enterprise value of JOE MACARI PERFORMANCE CARS LIMITED at £43.1k based on Net Assets of £15.8k and 2.73x industry multiple (adjusted for liquidity).
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Joe Macari Performance Cars Limited Overview
Joe Macari Performance Cars Limited is a live company located in london, SW18 5EB with a Companies House number of 09360245. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in December 2014, it's largest shareholder is joseph macari with a 100% stake. Joe Macari Performance Cars Limited is a established, mega sized company, Pomanda has estimated its turnover at £124.2m with rapid growth in recent years.
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Joe Macari Performance Cars Limited Health Check
Pomanda's financial health check has awarded Joe Macari Performance Cars Limited a 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 £124.2m, make it larger than the average company (£2.5m)
£124.2m - Joe Macari Performance Cars Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (8.1%)
37% - Joe Macari Performance Cars Limited
8.1% - Industry AVG
Production
with a gross margin of 0.6%, this company has a higher cost of product (11.2%)
0.6% - Joe Macari Performance Cars Limited
11.2% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (2.8%)
0% - Joe Macari Performance Cars Limited
2.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Joe Macari Performance Cars Limited
7 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- Joe Macari Performance Cars Limited
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £124.2m, this is more efficient (£458k)
£124.2m - Joe Macari Performance Cars Limited
£458k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (9 days)
5 days - Joe Macari Performance Cars Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is slower than average (15 days)
26 days - Joe Macari Performance Cars Limited
15 days - Industry AVG
Stock Days
it holds stock equivalent to 30 days, this is less than average (66 days)
30 days - Joe Macari Performance Cars Limited
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (9 weeks)
16 weeks - Joe Macari Performance Cars Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (70.2%)
99.9% - Joe Macari Performance Cars Limited
70.2% - Industry AVG
JOE MACARI PERFORMANCE CARS LIMITED financials
Joe Macari Performance Cars Limited's latest turnover from June 2023 is £124.2 million and the company has net assets of £15.8 thousand. According to their latest financial statements, Joe Macari Performance Cars Limited has 1 employee and maintains cash reserves of £7.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 124,246,529 | 61,468,867 | 40,274,048 | 48,181,546 | 4,970,868 | ||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 123,464,866 | 60,448,962 | 38,799,809 | 47,115,062 | 4,915,613 | ||||
| Gross Profit | 781,663 | 1,019,905 | 1,474,239 | 1,066,484 | 55,255 | ||||
| Admin Expenses | 751,367 | 970,195 | 1,403,962 | 1,055,083 | 44,320 | ||||
| Operating Profit | 30,296 | 49,710 | 70,277 | 11,401 | 10,935 | ||||
| Interest Payable | 26,874 | 46,850 | 56,645 | 10,384 | |||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | 3,422 | 2,860 | 13,632 | 1,017 | 10,935 | ||||
| Tax | -1,772 | -1,805 | -10,303 | -193 | -2,078 | ||||
| Profit After Tax | 1,650 | 1,055 | 3,329 | 824 | 8,857 | ||||
| Dividends Paid | |||||||||
| Retained Profit | 1,650 | 1,055 | 3,329 | 824 | 8,857 | ||||
| Employee Costs | |||||||||
| Number Of Employees | 1 | 1 | |||||||
| EBITDA* | 30,296 | 49,710 | 70,277 | 11,401 | 10,935 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | 100 | ||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 100 | ||||||||
| Stock & work in progress | 10,399,372 | 8,788,618 | 4,498,430 | 5,459,195 | 415,468 | ||||
| Trade Debtors | 1,893,253 | 787,559 | 314,410 | 339,035 | 277,335 | ||||
| Group Debtors | 4,032,439 | 1,830,173 | 1,018,201 | 242,586 | |||||
| Misc Debtors | 29,389 | 29,091 | 87,143 | 16,825 | 100 | ||||
| Cash | 7,684,431 | 5,758,185 | 401,082 | 1,558,666 | 1,139,113 | ||||
| misc current assets | |||||||||
| total current assets | 24,038,884 | 17,164,535 | 6,261,214 | 7,686,625 | 1,848,741 | 100 | |||
| total assets | 24,038,884 | 17,164,535 | 6,261,214 | 7,686,625 | 1,848,741 | 100 | 100 | ||
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 8,999,146 | 5,761,720 | 787,737 | 802,503 | 1,839,784 | ||||
| Group/Directors Accounts | 12,127,504 | 9,901,013 | 4,781,875 | 4,456,632 | |||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 2,896,417 | 1,487,635 | 678,491 | 2,417,709 | |||||
| total current liabilities | 24,023,067 | 17,150,368 | 6,248,103 | 7,676,844 | 1,839,784 | ||||
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 24,023,067 | 17,150,368 | 6,248,103 | 7,676,844 | 1,839,784 | ||||
| net assets | 15,817 | 14,167 | 13,111 | 9,781 | 8,957 | 100 | 100 | ||
| total shareholders funds | 15,817 | 14,167 | 13,111 | 9,781 | 8,957 | 100 | 100 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 30,296 | 49,710 | 70,277 | 11,401 | 10,935 | ||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | -1,772 | -1,805 | -10,303 | -193 | -2,078 | ||||
| Stock | 1,610,754 | 4,290,188 | -960,765 | 5,043,727 | 415,468 | ||||
| Debtors | 3,337,349 | 1,256,030 | 692,938 | 374,604 | 294,060 | 100 | |||
| Creditors | 3,237,426 | 4,973,983 | -14,766 | -1,037,281 | 1,839,784 | ||||
| Accruals and Deferred Income | 1,408,782 | 809,144 | -1,739,218 | 2,417,709 | |||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | -273,371 | 284,814 | -1,426,183 | -4,026,695 | 1,139,113 | -100 | |||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -100 | 100 | |||||||
| cash flow from investments | 100 | ||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 2,226,491 | 5,119,138 | 325,243 | 4,456,632 | |||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -26,874 | -46,850 | -56,645 | -10,384 | |||||
| cash flow from financing | 2,199,617 | 5,072,289 | 268,599 | 4,446,248 | |||||
| cash and cash equivalents | |||||||||
| cash | 1,926,246 | 5,357,103 | -1,157,584 | 419,553 | 1,139,113 | ||||
| overdraft | |||||||||
| change in cash | 1,926,246 | 5,357,103 | -1,157,584 | 419,553 | 1,139,113 |
joe macari performance cars limited Credit Report and Business Information
Joe Macari Performance Cars Limited Competitor Analysis
Perform a competitor analysis for joe macari performance cars limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in SW18 area or any other competitors across 12 key performance metrics.
joe macari performance cars limited Ownership
JOE MACARI PERFORMANCE CARS LIMITED group structure
Joe Macari Performance Cars Limited has no subsidiary companies.
Ultimate parent company
JOE MACARI PERFORMANCE CARS LIMITED
09360245
joe macari performance cars limited directors
Joe Macari Performance Cars Limited currently has 1 director, Mr Joseph MacAri serving since Dec 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joseph MacAri | 58 years | Dec 2014 | - | Director |
P&L
June 2023turnover
124.2m
+102%
operating profit
30.3k
-39%
gross margin
0.7%
-62.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
15.8k
+0.12%
total assets
24m
+0.4%
cash
7.7m
+0.33%
net assets
Total assets minus all liabilities
Similar Companies
joe macari performance cars limited company details
company number
09360245
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
December 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
WESTCOTTS (SW) LLP
address
249-251 merton road, london, SW18 5EB
Bank
HSBC BANK PLC
Legal Advisor
-
joe macari performance cars 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 found 1 charges/mortgages relating to joe macari performance cars limited. Currently there are 1 open charges and 0 have been satisfied in the past.
joe macari performance cars limited 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 JOE MACARI PERFORMANCE CARS LIMITED. This can take several minutes, an email will notify you when this has completed.
joe macari performance cars limited Companies House Filings - See Documents
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