top wheels trade ltd

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top wheels trade ltd Company Information

Share TOP WHEELS TRADE LTD

Company Number

09668413

Shareholders

chang niewiadomski

Group Structure

View All

Industry

Other personal service activities n.e.c.

 

Registered Address

unit 14 vickers industrial esta, mellishaw lane, morecambe, LA3 3EN

top wheels trade ltd Estimated Valuation

£64.1k

Pomanda estimates the enterprise value of TOP WHEELS TRADE LTD at £64.1k based on a Turnover of £95k and 0.68x industry multiple (adjusted for size and gross margin).

top wheels trade ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of TOP WHEELS TRADE LTD at £0 based on an EBITDA of £-2.6k and a 4.44x industry multiple (adjusted for size and gross margin).

top wheels trade ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of TOP WHEELS TRADE LTD at £0 based on Net Assets of £-9.6k and 1.96x industry multiple (adjusted for liquidity).

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Top Wheels Trade Ltd Overview

Top Wheels Trade Ltd is a live company located in morecambe, LA3 3EN with a Companies House number of 09668413. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in July 2015, it's largest shareholder is chang niewiadomski with a 100% stake. Top Wheels Trade Ltd is a established, micro sized company, Pomanda has estimated its turnover at £95k with rapid growth in recent years.

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Top Wheels Trade Ltd Health Check

Pomanda's financial health check has awarded Top Wheels Trade Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £95k, make it smaller than the average company (£969.8k)

£95k - Top Wheels Trade Ltd

£969.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (9.8%)

39% - Top Wheels Trade Ltd

9.8% - Industry AVG

production

Production

with a gross margin of 40.1%, this company has a comparable cost of product (40.1%)

40.1% - Top Wheels Trade Ltd

40.1% - Industry AVG

profitability

Profitability

an operating margin of -2.7% make it less profitable than the average company (5.7%)

-2.7% - Top Wheels Trade Ltd

5.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (14)

1 - Top Wheels Trade Ltd

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - Top Wheels Trade Ltd

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £95k, this is equally as efficient (£89.3k)

£95k - Top Wheels Trade Ltd

£89.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Top Wheels Trade Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Top Wheels Trade Ltd

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 128 days, this is more than average (35 days)

128 days - Top Wheels Trade Ltd

35 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Top Wheels Trade Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 143.8%, this is a higher level of debt than the average (42.7%)

143.8% - Top Wheels Trade Ltd

42.7% - Industry AVG

TOP WHEELS TRADE LTD financials

EXPORTms excel logo

Top Wheels Trade Ltd's latest turnover from July 2024 is estimated at £95 thousand and the company has net assets of -£9.6 thousand. According to their latest financial statements, Top Wheels Trade Ltd has 1 employee and maintains cash reserves of £1.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016
Turnover94,97092,53638,09135,60336,73315,88526,817128,05389,694
Other Income Or Grants
Cost Of Sales56,87154,46522,68721,49422,2829,52016,22875,59151,779
Gross Profit38,09938,07115,40414,10914,4506,36510,58952,46337,914
Admin Expenses40,66038,33618,63018,022-4086,2131,84356,37534,920
Operating Profit-2,561-265-3,226-3,91314,8581528,746-3,9122,994
Interest Payable3,5193,3752,1741,8071,8071,9511,8071,799980
Interest Receivable226417150181671321012
Pre-Tax Profit-5,854-3,223-5,250-5,70213,067-1,7286,972-5,7012,026
Tax-2,483-1,325-405
Profit After Tax-5,854-3,223-5,250-5,70210,584-1,7285,647-5,7011,621
Dividends Paid
Retained Profit-5,854-3,223-5,250-5,70210,584-1,7285,647-5,7011,621
Employee Costs32,34830,74129,07327,98126,61127,09325,75150,10053,263
Number Of Employees111111122
EBITDA*-2,561-265-3,226-3,91314,8581528,746-3,9122,994

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress20,00020,00020,00020,00020,00020,00020,00020,00020,000
Trade Debtors40040040040040010,360
Group Debtors
Misc Debtors280280280280280280280280280
Cash1,6456,9599,70714,23821,9309,3439,4963,4644,875
misc current assets20202020
total current assets21,94527,25930,40734,93842,61030,02330,17623,74435,515
total assets21,94527,25930,40734,93842,61030,02330,17623,74435,515
Bank overdraft
Bank loan
Trade Creditors 5885885881223,333
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities1,970435434406405
total current liabilities5885882,5585574344063,738
loans31,55031,01030,34729,62829,62829,62628,17427,41730,155
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities31,55031,01030,34729,62829,62829,62628,17427,41730,155
total liabilities31,55031,01030,93530,21632,18630,18328,60827,82333,893
net assets-9,605-3,751-5284,72210,424-1601,568-4,0791,622
total shareholders funds-9,605-3,751-5284,72210,424-1601,568-4,0791,622
Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016
Operating Activities
Operating Profit-2,561-265-3,226-3,91314,8581528,746-3,9122,994
Depreciation
Amortisation
Tax-2,483-1,325-405
Stock20,000
Debtors-400400-10,36010,640
Creditors-588466122-3,3333,333
Accruals and Deferred Income-1,9701,5351281405
Deferred Taxes & Provisions
Cash flow from operations-2,561-453-3,226-5,88314,3762757,0493,116-24,313
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans54066371921,452757-2,73830,155
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest-3,293-2,958-2,024-1,789-1,791-1,880-1,775-1,789-968
cash flow from financing-2,753-2,295-1,305-1,789-1,789-428-1,018-4,52729,188
cash and cash equivalents
cash-5,314-2,748-4,531-7,69212,587-1536,032-1,4114,875
overdraft
change in cash-5,314-2,748-4,531-7,69212,587-1536,032-1,4114,875

top wheels trade 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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Top Wheels Trade Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for top wheels trade ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in LA3 area or any other competitors across 12 key performance metrics.

top wheels trade ltd Ownership

TOP WHEELS TRADE LTD group structure

Top Wheels Trade Ltd has no subsidiary companies.

Ultimate parent company

TOP WHEELS TRADE LTD

09668413

TOP WHEELS TRADE LTD Shareholders

chang niewiadomski 100%

top wheels trade ltd directors

Top Wheels Trade Ltd currently has 1 director, Mrs Chang Niewiadomski serving since Jul 2015.

officercountryagestartendrole
Mrs Chang NiewiadomskiEngland42 years Jul 2015- Director

P&L

July 2024

turnover

95k

+3%

operating profit

-2.6k

0%

gross margin

40.2%

-2.49%

turnover

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

Balance Sheet

July 2024

net assets

-9.6k

+1.56%

total assets

21.9k

-0.19%

cash

1.6k

-0.76%

net assets

Total assets minus all liabilities

top wheels trade ltd company details

company number

09668413

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

July 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2024

previous names

N/A

accountant

-

auditor

-

address

unit 14 vickers industrial esta, mellishaw lane, morecambe, LA3 3EN

Bank

-

Legal Advisor

-

top wheels trade 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 top wheels trade ltd.

top wheels trade 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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top wheels trade ltd Companies House Filings - See Documents

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