b&h cars ltd

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b&h cars ltd Company Information

Share B&H CARS LTD

Company Number

09384815

Shareholders

benjamin hochhauser

berish strom

Group Structure

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Industry

Sale of new cars and light motor vehicles

 +1

Registered Address

1 shanklin road, london, N15 4FB

b&h cars ltd Estimated Valuation

£2.5m

Pomanda estimates the enterprise value of B&H CARS LTD at £2.5m based on a Turnover of £7.3m and 0.34x industry multiple (adjusted for size and gross margin).

b&h cars ltd Estimated Valuation

£425.1k

Pomanda estimates the enterprise value of B&H CARS LTD at £425.1k based on an EBITDA of £96.5k and a 4.4x industry multiple (adjusted for size and gross margin).

b&h cars ltd Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of B&H CARS LTD at £1.5m based on Net Assets of £519.5k and 2.87x industry multiple (adjusted for liquidity).

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B&h Cars Ltd Overview

B&h Cars Ltd is a live company located in london, N15 4FB with a Companies House number of 09384815. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in January 2015, it's largest shareholder is benjamin hochhauser with a 50% stake. B&h Cars Ltd is a established, mid sized company, Pomanda has estimated its turnover at £7.3m with high growth in recent years.

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B&h Cars Ltd Health Check

Pomanda's financial health check has awarded B&H Cars Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £7.3m, make it smaller than the average company (£26.7m)

£7.3m - B&h Cars Ltd

£26.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (12.4%)

29% - B&h Cars Ltd

12.4% - Industry AVG

production

Production

with a gross margin of 10.7%, this company has a comparable cost of product (10.7%)

10.7% - B&h Cars Ltd

10.7% - Industry AVG

profitability

Profitability

an operating margin of 1.3% make it less profitable than the average company (2.4%)

1.3% - B&h Cars Ltd

2.4% - Industry AVG

employees

Employees

with 19 employees, this is below the industry average (43)

19 - B&h Cars Ltd

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)

£36.2k - B&h Cars Ltd

£36.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £383.5k, this is less efficient (£512.6k)

£383.5k - B&h Cars Ltd

£512.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 12 days, this is later than average (8 days)

12 days - B&h Cars Ltd

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 26 days, this is slower than average (22 days)

26 days - B&h Cars Ltd

22 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 37 days, this is less than average (62 days)

37 days - B&h Cars Ltd

62 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 9 weeks, this is more cash available to meet short term requirements (7 weeks)

9 weeks - B&h Cars Ltd

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 55.9%, this is a lower level of debt than the average (67.3%)

55.9% - B&h Cars Ltd

67.3% - Industry AVG

B&H CARS LTD financials

EXPORTms excel logo

B&H Cars Ltd's latest turnover from January 2024 is estimated at £7.3 million and the company has net assets of £519.5 thousand. According to their latest financial statements, B&H Cars Ltd has 19 employees and maintains cash reserves of £96.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016
Turnover7,286,1677,694,1056,477,2063,369,6691,996,7392,443,5241,221,571623,98767,811
Other Income Or Grants000000000
Cost Of Sales6,508,6676,823,3685,776,4093,020,1301,785,6992,183,0921,091,610556,71959,827
Gross Profit777,499870,737700,797349,539211,040260,432129,96167,2687,985
Admin Expenses685,185756,205598,004239,392162,588215,430113,84155,4826,266
Operating Profit92,314114,532102,793110,14748,45245,00216,12011,7861,719
Interest Payable16,29514,8006,5243,125002992870
Interest Receivable10,5069,74254216395163915677154
Pre-Tax Profit86,525109,47496,811107,18549,40245,64115,97711,5761,874
Tax-21,631-20,800-18,394-20,365-9,386-8,672-3,036-2,315-375
Profit After Tax64,89488,67478,41786,82040,01636,96912,9419,2611,499
Dividends Paid000000000
Retained Profit64,89488,67478,41786,82040,01636,96912,9419,2611,499
Employee Costs688,544486,474229,455212,115153,872179,99987,86857,44727,508
Number Of Employees19147756321
EBITDA*96,520117,244105,985115,49655,58549,51134,23411,7861,719

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016
Tangible Assets155,27063,93150,88616,05321,40213,53054,34300
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)3,3333,3330000000
Total Fixed Assets158,60367,26450,88616,05321,40213,53054,34300
Stock & work in progress664,965572,644535,327346,386267,692168,851135,627134,38912,000
Trade Debtors251,246409,729343,843190,374109,534142,15365,29322,0480
Group Debtors000000000
Misc Debtors5,845036,8755,48915,04276,74801,6193
Cash96,648303,588253,119180,082145,404108,10362,272061,723
misc current assets000000000
total current assets1,018,7041,285,9611,169,164722,331537,672495,855263,192158,05673,726
total assets1,177,3071,353,2251,220,050738,384559,074509,385317,535158,05673,726
Bank overdraft47,253147,95128,9647,6880009,1960
Bank loan000000000
Trade Creditors 465,888444,141484,901159,15263,326104,54227,8445830
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities17,23234,29464,89158,59822,80713,6918,7586,785375
total current liabilities530,373626,386578,756225,43886,133118,23336,60216,564375
loans37,16257,32577,34194,76500000
hp & lease commitments36,62519,00139,524000000
Accruals and Deferred Income000000000
other liabilities53,654195,914158,504130,673272,253330,480257,230130,73071,850
provisions000000000
total long term liabilities127,441272,240275,369225,438272,253330,480257,230130,73071,850
total liabilities657,814898,626854,125450,876358,386448,713293,832147,29472,225
net assets519,493454,599365,925287,508200,68860,67223,70310,7621,501
total shareholders funds519,493454,599365,925287,508200,68860,67223,70310,7621,501
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016
Operating Activities
Operating Profit92,314114,532102,793110,14748,45245,00216,12011,7861,719
Depreciation4,2062,7123,1925,3497,1334,50918,11400
Amortisation000000000
Tax-21,631-20,800-18,394-20,365-9,386-8,672-3,036-2,315-375
Stock92,32137,317188,94178,69498,84133,2241,238122,38912,000
Debtors-152,63832,344184,85571,287-94,325153,60841,62623,6643
Creditors21,747-40,760325,74995,826-41,21676,69827,2615830
Accruals and Deferred Income-17,062-30,5976,29335,7919,1164,9331,9736,410375
Deferred Taxes & Provisions000000000
Cash flow from operations139,891-44,57445,83776,7679,583-64,36217,568-129,589-10,284
Investing Activities
capital expenditure-95,545-15,757-38,0250-15,00536,304-72,45700
Change in Investments000000000
cash flow from investments-95,545-15,757-38,0250-15,00536,304-72,45700
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans-20,163-20,016-17,42494,76500000
Hire Purchase and Lease Commitments17,624-20,52339,524000000
other long term liabilities-142,26037,41027,831-141,580-58,22773,250126,50058,88071,850
share issue0000100,0000002
interest-5,789-5,058-5,982-2,962951639-143-210154
cash flow from financing-150,588-8,18743,949-49,77742,72473,889126,35758,67072,006
cash and cash equivalents
cash-206,94050,46973,03734,67837,30145,83162,272-61,72361,723
overdraft-100,698118,98721,2767,68800-9,1969,1960
change in cash-106,242-68,51851,76126,99037,30145,83171,468-70,91961,723

b&h cars 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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B&h Cars Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for b&h cars ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in N15 area or any other competitors across 12 key performance metrics.

b&h cars ltd Ownership

B&H CARS LTD group structure

B&H Cars Ltd has no subsidiary companies.

Ultimate parent company

B&H CARS LTD

09384815

B&H CARS LTD Shareholders

benjamin hochhauser 50%
berish strom 50%

b&h cars ltd directors

B&H Cars Ltd currently has 2 directors. The longest serving directors include Mr Benjamin Hochhauser (Jan 2015) and Mr Berish Strom (Jan 2015).

officercountryagestartendrole
Mr Benjamin HochhauserEngland35 years Jan 2015- Director
Mr Berish StromUnited Kingdom42 years Jan 2015- Director

P&L

January 2024

turnover

7.3m

-5%

operating profit

92.3k

0%

gross margin

10.7%

-5.71%

turnover

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

Balance Sheet

January 2024

net assets

519.5k

+0.14%

total assets

1.2m

-0.13%

cash

96.6k

-0.68%

net assets

Total assets minus all liabilities

b&h cars ltd company details

company number

09384815

Type

Private limited with Share Capital

industry

45111 - Sale of new cars and light motor vehicles

45112 - Sale of used cars and light motor vehicles

incorporation date

January 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

KYVER & DALE CONSULTANTS LTD

auditor

-

address

1 shanklin road, london, N15 4FB

Bank

-

Legal Advisor

-

b&h cars 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 b&h cars ltd.

b&h cars 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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b&h cars ltd Companies House Filings - See Documents

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