ellinas auto trade uk ltd
ellinas auto trade uk ltd Company Information
Company Number
09799093
Website
-Registered Address
bbk partnership 1 beauchamp cour, victors way, barnet, hertfordshire, EN5 5TZ
Industry
Sale of used cars and light motor vehicles
Telephone
-
Next Accounts Due
1151 days late
Group Structure
View All
Directors
Michalakis Ellinas8 Years
Shareholders
michalakis ellinas 100%
ellinas auto trade uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ELLINAS AUTO TRADE UK LTD at £2.8m based on a Turnover of £11.1m and 0.25x industry multiple (adjusted for size and gross margin).
ellinas auto trade uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ELLINAS AUTO TRADE UK LTD at £0 based on an EBITDA of £-110.1k and a 3.97x industry multiple (adjusted for size and gross margin).
ellinas auto trade uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ELLINAS AUTO TRADE UK LTD at £36.7k based on Net Assets of £13.6k and 2.7x industry multiple (adjusted for liquidity).
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Ellinas Auto Trade Uk Ltd Overview
Ellinas Auto Trade Uk Ltd is a live company located in barnet, EN5 5TZ with a Companies House number of 09799093. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in September 2015, it's largest shareholder is michalakis ellinas with a 100% stake. Ellinas Auto Trade Uk Ltd is a young, mid sized company, Pomanda has estimated its turnover at £11.1m with rapid growth in recent years.
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Ellinas Auto Trade Uk Ltd Health Check
Pomanda's financial health check has awarded Ellinas Auto Trade Uk Ltd a 4 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
5 Strong
2 Regular
5 Weak
Size
annual sales of £11.1m, make it larger than the average company (£2.2m)
- Ellinas Auto Trade Uk Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 188%, show it is growing at a faster rate (8.1%)
- Ellinas Auto Trade Uk Ltd
8.1% - Industry AVG
Production
with a gross margin of 11.6%, this company has a comparable cost of product (11.6%)
- Ellinas Auto Trade Uk Ltd
11.6% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (2.4%)
- Ellinas Auto Trade Uk Ltd
2.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (21)
3 - Ellinas Auto Trade Uk Ltd
21 - Industry AVG
Pay Structure
on an average salary of £28.6k, the company has an equivalent pay structure (£28.6k)
- Ellinas Auto Trade Uk Ltd
£28.6k - Industry AVG
Efficiency
resulting in sales per employee of £3.7m, this is more efficient (£461.6k)
- Ellinas Auto Trade Uk Ltd
£461.6k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is later than average (10 days)
- Ellinas Auto Trade Uk Ltd
10 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is slower than average (13 days)
- Ellinas Auto Trade Uk Ltd
13 days - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is less than average (60 days)
- Ellinas Auto Trade Uk Ltd
60 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Ellinas Auto Trade Uk Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.2%, this is a higher level of debt than the average (72.5%)
99.2% - Ellinas Auto Trade Uk Ltd
72.5% - Industry AVG
ELLINAS AUTO TRADE UK LTD financials
Ellinas Auto Trade Uk Ltd's latest turnover from July 2019 is estimated at £11.1 million and the company has net assets of £13.6 thousand. According to their latest financial statements, Ellinas Auto Trade Uk Ltd has 3 employees and maintains cash reserves of £120 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2019 | Jul 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | 3 | 2 | 2 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2019 | Jul 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|
| Tangible Assets | 5,655 | 6,633 | 7,350 | 8,931 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,655 | 6,633 | 7,350 | 8,931 |
| Stock & work in progress | 566,254 | 14,978 | 4,420 | 17,503 |
| Trade Debtors | 781,547 | 343,744 | 126,824 | 22,142 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 431,425 | 70,291 | 96,113 | 0 |
| Cash | 120 | 35,733 | 627 | 10,438 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 1,779,346 | 464,746 | 227,984 | 50,083 |
| total assets | 1,785,001 | 471,379 | 235,334 | 59,014 |
| Bank overdraft | 79,814 | 6,810 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 816,597 | 177,166 | 56,380 | 18,699 |
| Group/Directors Accounts | 0 | 10,324 | 17,039 | 24,200 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 874,984 | 147,685 | 118,274 | 3,773 |
| total current liabilities | 1,771,395 | 341,985 | 191,693 | 46,672 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 90 | 1,397 | 0 |
| total long term liabilities | 0 | 90 | 1,397 | 0 |
| total liabilities | 1,771,395 | 342,075 | 193,090 | 46,672 |
| net assets | 13,606 | 129,304 | 42,244 | 12,342 |
| total shareholders funds | 13,606 | 129,304 | 42,244 | 12,342 |
| Jul 2019 | Jul 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 2,793 | 2,539 | 2,333 | 2,457 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 551,276 | 10,558 | -13,083 | 17,503 |
| Debtors | 798,937 | 191,098 | 200,795 | 22,142 |
| Creditors | 639,431 | 120,786 | 37,681 | 18,699 |
| Accruals and Deferred Income | 727,299 | 29,411 | 114,501 | 3,773 |
| Deferred Taxes & Provisions | -90 | -1,307 | 1,397 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -10,324 | -6,715 | -7,161 | 24,200 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -35,613 | 35,106 | -9,811 | 10,438 |
| overdraft | 73,004 | 6,810 | 0 | 0 |
| change in cash | -108,617 | 28,296 | -9,811 | 10,438 |
ellinas auto trade uk ltd Credit Report and Business Information
Ellinas Auto Trade Uk Ltd Competitor Analysis
Perform a competitor analysis for ellinas auto trade uk ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ellinas auto trade uk ltd Ownership
ELLINAS AUTO TRADE UK LTD group structure
Ellinas Auto Trade Uk Ltd has no subsidiary companies.
Ultimate parent company
ELLINAS AUTO TRADE UK LTD
09799093
ellinas auto trade uk ltd directors
Ellinas Auto Trade Uk Ltd currently has 1 director, Mr Michalakis Ellinas serving since Sep 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michalakis Ellinas | United Kingdom | 50 years | Sep 2015 | - | Director |
P&L
July 2019turnover
11.1m
+170%
operating profit
-112.9k
0%
gross margin
11.6%
+0.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2019net assets
13.6k
-0.89%
total assets
1.8m
+2.79%
cash
120
-1%
net assets
Total assets minus all liabilities
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ellinas auto trade uk ltd company details
company number
09799093
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
September 2015
age
9
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
bbk partnership 1 beauchamp cour, victors way, barnet, hertfordshire, EN5 5TZ
last accounts submitted
July 2019
ellinas auto trade uk 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 found 1 charges/mortgages relating to ellinas auto trade uk ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
ellinas auto trade uk ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
