enkae prestige motors ltd Company Information
Company Number
09951828
Registered Address
537 blackmoorfoot road, huddersfield, HD4 5NT
Industry
Sale of used cars and light motor vehicles
Telephone
01484300794
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
khalid ahmad 50%
nadeem uddin 50%
enkae prestige motors ltd Estimated Valuation
Pomanda estimates the enterprise value of ENKAE PRESTIGE MOTORS LTD at £3.8m based on a Turnover of £13.9m and 0.27x industry multiple (adjusted for size and gross margin).
enkae prestige motors ltd Estimated Valuation
Pomanda estimates the enterprise value of ENKAE PRESTIGE MOTORS LTD at £1.1m based on an EBITDA of £246.1k and a 4.31x industry multiple (adjusted for size and gross margin).
enkae prestige motors ltd Estimated Valuation
Pomanda estimates the enterprise value of ENKAE PRESTIGE MOTORS LTD at £2.6m based on Net Assets of £1.1m and 2.38x industry multiple (adjusted for liquidity).
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Enkae Prestige Motors Ltd Overview
Enkae Prestige Motors Ltd is a live company located in huddersfield, HD4 5NT with a Companies House number of 09951828. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in January 2016, it's largest shareholder is khalid ahmad with a 50% stake. Enkae Prestige Motors Ltd is a young, mid sized company, Pomanda has estimated its turnover at £13.9m with rapid growth in recent years.
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Enkae Prestige Motors Ltd Health Check
Pomanda's financial health check has awarded Enkae Prestige Motors Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £13.9m, make it larger than the average company (£2.9m)
- Enkae Prestige Motors Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 65%, show it is growing at a faster rate (7.9%)
- Enkae Prestige Motors Ltd
7.9% - Industry AVG
Production
with a gross margin of 11.7%, this company has a comparable cost of product (11.7%)
- Enkae Prestige Motors Ltd
11.7% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (2.9%)
- Enkae Prestige Motors Ltd
2.9% - Industry AVG
Employees
with 21 employees, this is above the industry average (7)
21 - Enkae Prestige Motors Ltd
7 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
- Enkae Prestige Motors Ltd
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £661.3k, this is more efficient (£451k)
- Enkae Prestige Motors Ltd
£451k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (10 days)
- Enkae Prestige Motors Ltd
10 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is slower than average (16 days)
- Enkae Prestige Motors Ltd
16 days - Industry AVG
Stock Days
it holds stock equivalent to 144 days, this is more than average (65 days)
- Enkae Prestige Motors Ltd
65 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (10 weeks)
16 weeks - Enkae Prestige Motors Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.5%, this is a higher level of debt than the average (67.8%)
82.5% - Enkae Prestige Motors Ltd
67.8% - Industry AVG
enkae prestige motors ltd Credit Report and Business Information
Enkae Prestige Motors Ltd Competitor Analysis
Perform a competitor analysis for enkae prestige motors ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
enkae prestige motors ltd Ownership
ENKAE PRESTIGE MOTORS LTD group structure
Enkae Prestige Motors Ltd has no subsidiary companies.
Ultimate parent company
ENKAE PRESTIGE MOTORS LTD
09951828
enkae prestige motors ltd directors
Enkae Prestige Motors Ltd currently has 2 directors. The longest serving directors include Mr Khalid Ahmad (Jan 2016) and Mr Nadeem Uddin (Oct 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Khalid Ahmad | United Kingdom | 44 years | Jan 2016 | - | Director |
Mr Nadeem Uddin | United Kingdom | 42 years | Oct 2022 | - | Director |
ENKAE PRESTIGE MOTORS LTD financials
Enkae Prestige Motors Ltd's latest turnover from January 2023 is estimated at £13.9 million and the company has net assets of £1.1 million. According to their latest financial statements, Enkae Prestige Motors Ltd has 21 employees and maintains cash reserves of £321.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
---|---|---|---|---|---|---|---|
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 | 21 | 22 | 22 | 6 | |||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 1,047,234 | 85,704 | 6,202 | 1,741 | 1,785 | 2,231 | 0 |
Intangible Assets | 10,800 | 14,400 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,058,034 | 100,104 | 6,202 | 1,741 | 1,785 | 2,231 | 0 |
Stock & work in progress | 4,844,575 | 3,275,970 | 1,618,218 | 674,987 | 820,285 | 503,097 | 523,971 |
Trade Debtors | 16,612 | 500 | 79,832 | 26,055 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 321,218 | 250,075 | 144,622 | 59,891 | 71,319 | 70,460 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 5,182,405 | 3,526,545 | 1,842,672 | 760,933 | 891,604 | 573,557 | 523,971 |
total assets | 6,240,439 | 3,626,649 | 1,848,874 | 762,674 | 893,389 | 575,788 | 523,971 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 709,207 | 939,324 | 238,626 | 214,413 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 265,145 | 486,321 | 107,073 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 320,026 | 537,015 | 512,367 | 252,311 | 67,612 | 37,261 | 18,264 |
total current liabilities | 1,029,233 | 1,476,339 | 750,993 | 466,724 | 332,757 | 523,582 | 125,337 |
loans | 1,294,009 | 378,554 | 267,500 | 147,500 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 2,824,080 | 802,135 | 329,208 | 0 | 475,300 | 0 | 366,700 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 4,118,089 | 1,180,689 | 596,708 | 147,500 | 475,300 | 0 | 366,700 |
total liabilities | 5,147,322 | 2,657,028 | 1,347,701 | 614,224 | 808,057 | 523,582 | 492,037 |
net assets | 1,093,117 | 969,621 | 501,173 | 148,450 | 85,332 | 52,206 | 31,934 |
total shareholders funds | 1,093,117 | 969,621 | 501,173 | 148,450 | 85,332 | 52,206 | 31,934 |
Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 20,703 | 20,263 | 1,551 | 434 | 446 | 558 | 0 |
Amortisation | 3,600 | 3,600 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||
Stock | 1,568,605 | 1,657,752 | 943,231 | -145,298 | 317,188 | -20,874 | 523,971 |
Debtors | 16,112 | -79,332 | 53,777 | 26,055 | 0 | 0 | 0 |
Creditors | -230,117 | 700,698 | 24,213 | 214,413 | 0 | 0 | 0 |
Accruals and Deferred Income | -216,989 | 24,648 | 260,056 | 184,699 | 30,351 | 18,997 | 18,264 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | -265,145 | -221,176 | 379,248 | 107,073 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 915,455 | 111,054 | 120,000 | 147,500 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 2,021,945 | 472,927 | 329,208 | -475,300 | 475,300 | -366,700 | 366,700 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | 71,143 | 105,453 | 84,731 | -11,428 | 859 | 70,460 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 71,143 | 105,453 | 84,731 | -11,428 | 859 | 70,460 | 0 |
P&L
January 2023turnover
13.9m
+11%
operating profit
221.8k
0%
gross margin
11.8%
+1.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
1.1m
+0.13%
total assets
6.2m
+0.72%
cash
321.2k
+0.28%
net assets
Total assets minus all liabilities
enkae prestige motors ltd company details
company number
09951828
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
January 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
537 blackmoorfoot road, huddersfield, HD4 5NT
last accounts submitted
January 2023
enkae prestige motors 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 2 charges/mortgages relating to enkae prestige motors ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
enkae prestige motors ltd Companies House Filings - See Documents
date | description | view/download |
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