riverside motors (hull) limited
riverside motors (hull) limited Company Information
Company Number
09510107
Website
www.riversidemotors.co.ukRegistered Address
13 huddersfield road, barnsley, south yorkshire, S70 2LW
Industry
Sale of new cars and light motor vehicles
Telephone
01482629900
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
riverside motors holdings ltd 100%
riverside motors (hull) limited Estimated Valuation
Pomanda estimates the enterprise value of RIVERSIDE MOTORS (HULL) LIMITED at £5.7m based on a Turnover of £17.5m and 0.33x industry multiple (adjusted for size and gross margin).
riverside motors (hull) limited Estimated Valuation
Pomanda estimates the enterprise value of RIVERSIDE MOTORS (HULL) LIMITED at £921.5k based on an EBITDA of £203.9k and a 4.52x industry multiple (adjusted for size and gross margin).
riverside motors (hull) limited Estimated Valuation
Pomanda estimates the enterprise value of RIVERSIDE MOTORS (HULL) LIMITED at £2.6m based on Net Assets of £947k and 2.75x industry multiple (adjusted for liquidity).
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Riverside Motors (hull) Limited Overview
Riverside Motors (hull) Limited is a live company located in south yorkshire, S70 2LW with a Companies House number of 09510107. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in March 2015, it's largest shareholder is riverside motors holdings ltd with a 100% stake. Riverside Motors (hull) Limited is a young, mid sized company, Pomanda has estimated its turnover at £17.5m with healthy growth in recent years.
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Riverside Motors (hull) Limited Health Check
Pomanda's financial health check has awarded Riverside Motors (Hull) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £17.5m, make it smaller than the average company (£53.2m)
- Riverside Motors (hull) Limited
£53.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (2.1%)
- Riverside Motors (hull) Limited
2.1% - Industry AVG
Production
with a gross margin of 10.3%, this company has a comparable cost of product (10.3%)
- Riverside Motors (hull) Limited
10.3% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (2.5%)
- Riverside Motors (hull) Limited
2.5% - Industry AVG
Employees
with 20 employees, this is below the industry average (89)
20 - Riverside Motors (hull) Limited
89 - Industry AVG
Pay Structure
on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)
- Riverside Motors (hull) Limited
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £873.6k, this is more efficient (£595k)
- Riverside Motors (hull) Limited
£595k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is near the average (5 days)
- Riverside Motors (hull) Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (28 days)
- Riverside Motors (hull) Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 69 days, this is more than average (53 days)
- Riverside Motors (hull) Limited
53 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Riverside Motors (hull) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.1%, this is a higher level of debt than the average (68.7%)
85.1% - Riverside Motors (hull) Limited
68.7% - Industry AVG
riverside motors (hull) limited Credit Report and Business Information
Riverside Motors (hull) Limited Competitor Analysis
Perform a competitor analysis for riverside motors (hull) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
riverside motors (hull) limited Ownership
RIVERSIDE MOTORS (HULL) LIMITED group structure
Riverside Motors (Hull) Limited has no subsidiary companies.
Ultimate parent company
1 parent
RIVERSIDE MOTORS (HULL) LIMITED
09510107
riverside motors (hull) limited directors
Riverside Motors (Hull) Limited currently has 2 directors. The longest serving directors include Mr Stephen Wright (Mar 2015) and Mr Mark Denton (Mar 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Wright | England | 70 years | Mar 2015 | - | Director |
| Mr Mark Denton | England | 60 years | Mar 2015 | - | Director |
RIVERSIDE MOTORS (HULL) LIMITED financials
Riverside Motors (Hull) Limited's latest turnover from December 2022 is estimated at £17.5 million and the company has net assets of £947 thousand. According to their latest financial statements, Riverside Motors (Hull) Limited has 20 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 1,854,795 | |||||||
| Other Income Or Grants | 0 | |||||||
| Cost Of Sales | 1,736,552 | |||||||
| Gross Profit | 118,243 | |||||||
| Admin Expenses | 119,292 | |||||||
| Operating Profit | -1,049 | |||||||
| Interest Payable | 2,564 | |||||||
| Interest Receivable | 0 | |||||||
| Pre-Tax Profit | -3,613 | |||||||
| Tax | 0 | |||||||
| Profit After Tax | -3,613 | |||||||
| Dividends Paid | 0 | |||||||
| Retained Profit | -3,613 | |||||||
| Employee Costs | 112,993 | |||||||
| Number Of Employees | 20 | 15 | 18 | 17 | 17 | 14 | 13 | |
| EBITDA* | -1,049 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 176,849 | 214,304 | 244,040 | 249,557 | 282,305 | 229,064 | 197,653 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 176,849 | 214,304 | 244,040 | 249,557 | 282,305 | 229,064 | 197,653 | 0 |
| Stock & work in progress | 3,001,974 | 1,736,464 | 2,551,559 | 2,696,742 | 1,795,867 | 1,121,413 | 1,145,779 | 0 |
| Trade Debtors | 270,850 | 106,701 | 396,040 | 138,986 | 164,932 | 445,420 | 291,200 | 0 |
| Group Debtors | 2,896,788 | 2,467,184 | 1,985,435 | 1,841,589 | 1,169,306 | 20,236 | 0 | 0 |
| Misc Debtors | 22,952 | 22,982 | 54,255 | 30,201 | 24,180 | 55,688 | 65,353 | 0 |
| Cash | 0 | 0 | 965 | 0 | 239,796 | 545,664 | 191,513 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,192,564 | 4,333,331 | 4,988,254 | 4,707,518 | 3,394,081 | 2,188,421 | 1,693,845 | 0 |
| total assets | 6,369,413 | 4,547,635 | 5,232,294 | 4,957,075 | 3,676,386 | 2,417,485 | 1,891,498 | 0 |
| Bank overdraft | 10,441 | 17,998 | 0 | 23,261 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,983,920 | 398,238 | 1,738,619 | 2,040,532 | 1,275,812 | 893,872 | 1,047,656 | 0 |
| Group/Directors Accounts | 3,271,158 | 2,992,267 | 2,760,620 | 2,394,984 | 1,893,248 | 1,226,209 | 809,449 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 140,631 | 306,959 | 232,666 | 129,772 | 241,832 | 179,642 | 38,005 | 0 |
| total current liabilities | 5,406,150 | 3,715,462 | 4,731,905 | 4,588,549 | 3,410,892 | 2,299,723 | 1,895,110 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 16,221 | 18,889 | 14,917 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 16,221 | 18,889 | 14,917 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,422,371 | 3,734,351 | 4,746,822 | 4,588,549 | 3,410,892 | 2,299,723 | 1,895,110 | 0 |
| net assets | 947,042 | 813,284 | 485,472 | 368,526 | 265,494 | 117,762 | -3,612 | 0 |
| total shareholders funds | 947,042 | 813,284 | 485,472 | 368,526 | 265,494 | 117,762 | -3,612 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -1,049 | |||||||
| Depreciation | 37,455 | 39,277 | 35,370 | 36,884 | 38,254 | 27,271 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | |||||||
| Stock | 1,265,510 | -815,095 | -145,183 | 900,875 | 674,454 | -24,366 | 1,145,779 | 0 |
| Debtors | 593,723 | 161,137 | 424,954 | 652,358 | 837,074 | 164,791 | 356,553 | 0 |
| Creditors | 1,585,682 | -1,340,381 | -301,913 | 764,720 | 381,940 | -153,784 | 1,047,656 | 0 |
| Accruals and Deferred Income | -166,328 | 74,293 | 102,894 | -112,060 | 62,190 | 141,637 | 38,005 | 0 |
| Deferred Taxes & Provisions | -2,668 | 3,972 | 14,917 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -417,720 | |||||||
| Investing Activities | ||||||||
| capital expenditure | -197,653 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -197,653 | |||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 278,891 | 231,647 | 365,636 | 501,736 | 667,039 | 416,760 | 809,449 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -2,564 | |||||||
| cash flow from financing | 806,886 | |||||||
| cash and cash equivalents | ||||||||
| cash | 0 | -965 | 965 | -239,796 | -305,868 | 354,151 | 191,513 | 0 |
| overdraft | -7,557 | 17,998 | -23,261 | 23,261 | 0 | 0 | 0 | 0 |
| change in cash | 7,557 | -18,963 | 24,226 | -263,057 | -305,868 | 354,151 | 191,513 | 0 |
P&L
December 2022turnover
17.5m
+135%
operating profit
166.5k
0%
gross margin
10.4%
+7.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
947k
+0.16%
total assets
6.4m
+0.4%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
riverside motors (hull) limited company details
company number
09510107
Type
Private limited with Share Capital
industry
45111 - Sale of new cars and light motor vehicles
incorporation date
March 2015
age
9
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
13 huddersfield road, barnsley, south yorkshire, S70 2LW
last accounts submitted
December 2022
riverside motors (hull) 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 riverside motors (hull) limited.
riverside motors (hull) limited Companies House Filings - See Documents
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