stirling autocare limited

stirling autocare limited Company Information

Share STIRLING AUTOCARE LIMITED
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Company Number

09439591

Industry

Dormant Company

 

Shareholders

ruth mitchell

brian stephen mitchell

Group Structure

View All

Contact

Registered Address

19-20 bourne court, southend road, woodford green, essex, IG8 8HD

stirling autocare limited Estimated Valuation

£0

Pomanda estimates the enterprise value of STIRLING AUTOCARE LIMITED at £0 based on a Turnover of £76.3k and 0x industry multiple (adjusted for size and gross margin).

stirling autocare limited Estimated Valuation

£0

Pomanda estimates the enterprise value of STIRLING AUTOCARE LIMITED at £0 based on an EBITDA of £-8.3k and a 1.5x industry multiple (adjusted for size and gross margin).

stirling autocare limited Estimated Valuation

£0

Pomanda estimates the enterprise value of STIRLING AUTOCARE LIMITED at £0 based on Net Assets of £-9.6k and 0.57x industry multiple (adjusted for liquidity).

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Stirling Autocare Limited Overview

Stirling Autocare Limited is a live company located in woodford green, IG8 8HD with a Companies House number of 09439591. It operates in the dormant company sector, SIC Code 99999. Founded in February 2015, it's largest shareholder is ruth mitchell with a 50% stake. Stirling Autocare Limited is a young, micro sized company, Pomanda has estimated its turnover at £76.3k with high growth in recent years.

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Stirling Autocare Limited Health Check

Pomanda's financial health check has awarded Stirling Autocare Limited a 2 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 Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £76.3k, make it smaller than the average company (£8.9m)

£76.3k - Stirling Autocare Limited

£8.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (7.5%)

21% - Stirling Autocare Limited

7.5% - Industry AVG

production

Production

with a gross margin of 18.6%, this company has a higher cost of product (34.7%)

18.6% - Stirling Autocare Limited

34.7% - Industry AVG

profitability

Profitability

an operating margin of -13.9% make it less profitable than the average company (5.3%)

-13.9% - Stirling Autocare Limited

5.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (60)

2 - Stirling Autocare Limited

60 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)

£41.5k - Stirling Autocare Limited

£41.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £38.2k, this is less efficient (£187.4k)

£38.2k - Stirling Autocare Limited

£187.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (40 days)

11 days - Stirling Autocare Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 113 days, this is slower than average (44 days)

113 days - Stirling Autocare Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Stirling Autocare Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (13 weeks)

8 weeks - Stirling Autocare Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 177.9%, this is a higher level of debt than the average (67.8%)

177.9% - Stirling Autocare Limited

67.8% - Industry AVG

STIRLING AUTOCARE LIMITED financials

EXPORTms excel logo

Stirling Autocare Limited's latest turnover from February 2024 is estimated at £76.3 thousand and the company has net assets of -£9.6 thousand. According to their latest financial statements, Stirling Autocare Limited has 2 employees and maintains cash reserves of £3.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016
Turnover76,30833,06125,86443,57842,2460056
Other Income Or Grants000000000
Cost Of Sales62,09127,33221,42236,97234,8480045
Gross Profit14,2175,7294,4416,6067,3970011
Admin Expenses24,7977,4092424,58310,1600011
Operating Profit-10,580-1,6804,1992,023-2,7630000
Interest Payable000000000
Interest Receivable18614915230000
Pre-Tax Profit-10,394-1,5314,2142,025-2,7600000
Tax00-801-38500000
Profit After Tax-10,394-1,5313,4131,640-2,7600000
Dividends Paid000000000
Retained Profit-10,394-1,5313,4131,640-2,7600000
Employee Costs83,02437,81935,63735,11633,9600031,10130,506
Number Of Employees211110011
EBITDA*-8,3301,3204,1992,023-2,7630000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016
Tangible Assets6,7509,0000000000
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets6,7509,0000000000
Stock & work in progress000000000
Trade Debtors2,4125382,000000011
Group Debtors000000000
Misc Debtors000000000
Cash3,2033,8773,5592,4736721100
misc current assets000000000
total current assets5,6154,4155,5592,4736721111
total assets12,36513,4155,5592,4736721111
Bank overdraft000000000
Bank loan000000000
Trade Creditors 19,2877,4423,2643,5913,4300000
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities000000000
total current liabilities19,2877,4423,2643,5913,4300000
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities2,7085,2090000000
provisions000000000
total long term liabilities2,7085,2090000000
total liabilities21,99512,6513,2643,5913,4300000
net assets-9,6307642,295-1,118-2,7581111
total shareholders funds-9,6307642,295-1,118-2,7581111
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016
Operating Activities
Operating Profit-10,580-1,6804,1992,023-2,7630000
Depreciation2,2503,0000000000
Amortisation000000000
Tax00-801-38500000
Stock000000000
Debtors1,874-1,4622,000000-101
Creditors11,8454,178-3271613,4300000
Accruals and Deferred Income000000000
Deferred Taxes & Provisions000000000
Cash flow from operations1,6416,9601,0711,799667010-1
Investing Activities
capital expenditure0-12,0000000000
Change in Investments000000000
cash flow from investments0-12,0000000000
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities-2,5015,2090000000
share issue000010001
interest18614915230000
cash flow from financing-2,3155,35815240001
cash and cash equivalents
cash-6743181,0861,8016710100
overdraft000000000
change in cash-6743181,0861,8016710100

stirling autocare limited 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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Stirling Autocare Limited Competitor Analysis

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Perform a competitor analysis for stirling autocare limited by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other micro companies, companies in IG8 area or any other competitors across 12 key performance metrics.

stirling autocare limited Ownership

STIRLING AUTOCARE LIMITED group structure

Stirling Autocare Limited has no subsidiary companies.

Ultimate parent company

STIRLING AUTOCARE LIMITED

09439591

STIRLING AUTOCARE LIMITED Shareholders

ruth mitchell 50%
brian stephen mitchell 50%

stirling autocare limited directors

Stirling Autocare Limited currently has 2 directors. The longest serving directors include Mrs Ruth Mitchell (May 2019) and Mr Brian Mitchell (May 2019).

officercountryagestartendrole
Mrs Ruth MitchellUnited Kingdom73 years May 2019- Director
Mr Brian MitchellUnited Kingdom71 years May 2019- Director

P&L

February 2024

turnover

76.3k

+131%

operating profit

-10.6k

0%

gross margin

18.7%

+7.51%

turnover

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

Balance Sheet

February 2024

net assets

-9.6k

-13.6%

total assets

12.4k

-0.08%

cash

3.2k

-0.17%

net assets

Total assets minus all liabilities

stirling autocare limited company details

company number

09439591

Type

Private limited with Share Capital

industry

99999 - Dormant Company

incorporation date

February 2015

age

9

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

February 2024

previous names

the little candy company limited (May 2019)

accountant

RAFFINGERS LLP

auditor

-

address

19-20 bourne court, southend road, woodford green, essex, IG8 8HD

Bank

-

Legal Advisor

-

stirling autocare 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 did not find charges/mortgages relating to stirling autocare limited.

stirling autocare 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.

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stirling autocare limited Companies House Filings - See Documents

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