auto buddies limited

Dissolved 

auto buddies limited Company Information

Share AUTO BUDDIES LIMITED

Company Number

09539438

Shareholders

syed ali abbas jaffery

Group Structure

View All

Industry

Sale of used cars and light motor vehicles

 

Registered Address

43 new road, rainham, RM13 8DR

auto buddies limited Estimated Valuation

£213.1k

Pomanda estimates the enterprise value of AUTO BUDDIES LIMITED at £213.1k based on a Turnover of £895.9k and 0.24x industry multiple (adjusted for size and gross margin).

auto buddies limited Estimated Valuation

£37.9k

Pomanda estimates the enterprise value of AUTO BUDDIES LIMITED at £37.9k based on an EBITDA of £11.8k and a 3.21x industry multiple (adjusted for size and gross margin).

auto buddies limited Estimated Valuation

£90k

Pomanda estimates the enterprise value of AUTO BUDDIES LIMITED at £90k based on Net Assets of £32.4k and 2.78x industry multiple (adjusted for liquidity).

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Auto Buddies Limited Overview

Auto Buddies Limited is a dissolved company that was located in rainham, RM13 8DR with a Companies House number of 09539438. It operated in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in April 2015, it's largest shareholder was syed ali abbas jaffery with a 100% stake. The last turnover for Auto Buddies Limited was estimated at £895.9k.

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Auto Buddies Limited Health Check

Pomanda's financial health check has awarded Auto Buddies Limited a 1 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 Rating1out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £895.9k, make it smaller than the average company (£2.9m)

£895.9k - Auto Buddies Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (1.4%)

-15% - Auto Buddies Limited

1.4% - Industry AVG

production

Production

with a gross margin of 6.4%, this company has a higher cost of product (10.5%)

6.4% - Auto Buddies Limited

10.5% - Industry AVG

profitability

Profitability

an operating margin of 1.3% make it less profitable than the average company (2.8%)

1.3% - Auto Buddies Limited

2.8% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (10)

3 - Auto Buddies Limited

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.9k, the company has an equivalent pay structure (£28.9k)

£28.9k - Auto Buddies Limited

£28.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £298.6k, this is equally as efficient (£326.6k)

£298.6k - Auto Buddies Limited

£326.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 126 days, this is later than average (10 days)

126 days - Auto Buddies Limited

10 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (15 days)

7 days - Auto Buddies Limited

15 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Auto Buddies Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Auto Buddies Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 89.9%, this is a higher level of debt than the average (71.7%)

89.9% - Auto Buddies Limited

71.7% - Industry AVG

AUTO BUDDIES LIMITED financials

EXPORTms excel logo

Auto Buddies Limited's latest turnover from April 2021 is estimated at £895.9 thousand and the company has net assets of £32.4 thousand. According to their latest financial statements, Auto Buddies Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Turnover895,9061,327,625991,0441,470,8002,900,1441,136,349
Other Income Or Grants
Cost Of Sales838,9831,235,794919,9311,365,2662,688,4291,044,013
Gross Profit56,92391,83171,112105,535211,71592,336
Admin Expenses45,10883,60660,69697,703210,65891,734
Operating Profit11,8158,22510,4167,8321,057602
Interest Payable
Interest Receivable510
Pre-Tax Profit11,8158,22510,4167,8321,062613
Tax-2,245-1,563-1,979-1,488-202-122
Profit After Tax9,5706,6628,4376,344860490
Dividends Paid
Retained Profit9,5706,6628,4376,344860490
Employee Costs86,65186,78657,95358,080112,00755,305
Number Of Employees332242
EBITDA*11,8158,22510,4167,8321,057602

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Tangible Assets7,0887,0885,3973,9523,9523,500
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets7,0887,0885,3973,9523,9523,500
Stock & work in progress63,967
Trade Debtors311,604370,892211,486267,774301,840137,350
Group Debtors
Misc Debtors
Cash4,174
misc current assets
total current assets311,604370,892211,486267,774301,840205,491
total assets318,692377,980216,883271,726305,792208,991
Bank overdraft
Bank loan
Trade Creditors 16,45167,38713,85234,38274,79273,500
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities16,45167,38713,85234,38274,79273,500
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities269,878287,800186,900229,650229,650135,000
provisions
total long term liabilities269,878287,800186,900229,650229,650135,000
total liabilities286,329355,187200,752264,032304,442208,500
net assets32,36322,79316,1317,6941,350491
total shareholders funds32,36322,79316,1317,6941,350491
Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Operating Activities
Operating Profit11,8158,22510,4167,8321,057602
Depreciation
Amortisation
Tax-2,245-1,563-1,979-1,488-202-122
Stock-63,96763,967
Debtors-59,288159,406-56,288-34,066164,490137,350
Creditors-50,93653,535-20,530-40,4101,29273,500
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations17,922-99,20944,195-98,376-127,337
Investing Activities
capital expenditure-1,691-1,445-452-3,500
Change in Investments
cash flow from investments-1,691-1,445-452-3,500
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-17,922100,900-42,75094,650135,000
share issue-11
interest510
cash flow from financing-17,922100,900-42,75094,654135,011
cash and cash equivalents
cash-4,1744,174
overdraft
change in cash-4,1744,174

auto buddies 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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Auto Buddies Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for auto buddies limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in RM13 area or any other competitors across 12 key performance metrics.

auto buddies limited Ownership

AUTO BUDDIES LIMITED group structure

Auto Buddies Limited has no subsidiary companies.

Ultimate parent company

AUTO BUDDIES LIMITED

09539438

AUTO BUDDIES LIMITED Shareholders

syed ali abbas jaffery 100%

auto buddies limited directors

Auto Buddies Limited currently has 2 directors. The longest serving directors include Mr Syed Jaffery (Apr 2015) and Mr Hafeez Bhatti (Mar 2021).

officercountryagestartendrole
Mr Syed JafferyEngland40 years Apr 2015- Director
Mr Hafeez BhattiUnited Kingdom47 years Mar 2021- Director

P&L

April 2021

turnover

895.9k

-33%

operating profit

11.8k

0%

gross margin

6.4%

-8.14%

turnover

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

Balance Sheet

April 2021

net assets

32.4k

+0.42%

total assets

318.7k

-0.16%

cash

0

0%

net assets

Total assets minus all liabilities

auto buddies limited company details

company number

09539438

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

April 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2021

previous names

N/A

accountant

-

auditor

-

address

43 new road, rainham, RM13 8DR

Bank

-

Legal Advisor

-

auto buddies 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 auto buddies limited.

auto buddies 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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auto buddies limited Companies House Filings - See Documents

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