m car (nw) ltd
m car (nw) ltd Company Information
Group Structure
View All
Industry
Sale of used cars and light motor vehicles
Registered Address
moorfield farm treales road, preston, PR4 3SQ
Website
-m car (nw) ltd Estimated Valuation
Pomanda estimates the enterprise value of M CAR (NW) LTD at £276k based on a Turnover of £1.1m and 0.26x industry multiple (adjusted for size and gross margin).
m car (nw) ltd Estimated Valuation
Pomanda estimates the enterprise value of M CAR (NW) LTD at £0 based on an EBITDA of £-40.5k and a 4.08x industry multiple (adjusted for size and gross margin).
m car (nw) ltd Estimated Valuation
Pomanda estimates the enterprise value of M CAR (NW) LTD at £0 based on Net Assets of £-32.1k and 2.73x industry multiple (adjusted for liquidity).
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M Car (nw) Ltd Overview
M Car (nw) Ltd is a live company located in preston, PR4 3SQ with a Companies House number of 09997131. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in February 2016, it's largest shareholder is marc halewood with a 100% stake. M Car (nw) Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.1m with healthy growth in recent years.
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M Car (nw) Ltd Health Check
Pomanda's financial health check has awarded M Car (Nw) Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£2.4m)
- M Car (nw) Ltd
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (8%)
- M Car (nw) Ltd
8% - Industry AVG
Production
with a gross margin of 11.5%, this company has a comparable cost of product (11.5%)
- M Car (nw) Ltd
11.5% - Industry AVG
Profitability
an operating margin of -3.9% make it less profitable than the average company (2.9%)
- M Car (nw) Ltd
2.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - M Car (nw) Ltd
6 - Industry AVG
Pay Structure
on an average salary of £31.3k, the company has an equivalent pay structure (£31.3k)
- M Car (nw) Ltd
£31.3k - Industry AVG
Efficiency
resulting in sales per employee of £527.5k, this is more efficient (£457.1k)
- M Car (nw) Ltd
£457.1k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is later than average (10 days)
- M Car (nw) Ltd
10 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (15 days)
- M Car (nw) Ltd
15 days - Industry AVG
Stock Days
it holds stock equivalent to 123 days, this is more than average (66 days)
- M Car (nw) Ltd
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (9 weeks)
15 weeks - M Car (nw) Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.2%, this is a higher level of debt than the average (70.5%)
106.2% - M Car (nw) Ltd
70.5% - Industry AVG
M CAR (NW) LTD financials
M Car (Nw) Ltd's latest turnover from June 2023 is estimated at £1.1 million and the company has net assets of -£32.1 thousand. According to their latest financial statements, M Car (Nw) Ltd has 2 employees and maintains cash reserves of £160.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 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 | 2 | 2 | 2 | 2 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,997 | 2,927 | 1,614 | 1,973 | 5,723 | 7,655 | 7,621 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 2,997 | 2,927 | 1,614 | 1,973 | 5,723 | 7,655 | 7,621 |
| Stock & work in progress | 315,839 | 244,874 | 117,691 | 164,614 | 375,904 | 178,809 | 216,522 |
| Trade Debtors | 39,750 | 5,000 | 1,050 | ||||
| Group Debtors | |||||||
| Misc Debtors | 475 | 26,206 | 489 | 1,037 | 5,561 | 20,785 | 9,524 |
| Cash | 160,352 | 28,963 | 209,706 | 129,862 | 14,400 | 48,720 | 48,079 |
| misc current assets | |||||||
| total current assets | 516,416 | 305,043 | 327,886 | 295,513 | 396,915 | 248,314 | 274,125 |
| total assets | 519,413 | 307,970 | 329,500 | 297,486 | 402,638 | 255,969 | 281,746 |
| Bank overdraft | |||||||
| Bank loan | 10,000 | 10,000 | 10,000 | ||||
| Trade Creditors | 523 | 1,032 | 26,439 | 19,307 | 9,150 | 1,513 | 6,846 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 521,807 | 259,336 | 265,814 | 262,715 | 428,702 | 284,425 | 292,756 |
| total current liabilities | 532,330 | 270,368 | 302,253 | 282,022 | 437,852 | 285,938 | 299,602 |
| loans | 19,167 | 29,167 | 39,167 | 50,000 | |||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 19,167 | 29,167 | 39,167 | 50,000 | |||
| total liabilities | 551,497 | 299,535 | 341,420 | 332,022 | 437,852 | 285,938 | 299,602 |
| net assets | -32,084 | 8,435 | -11,920 | -34,536 | -35,214 | -29,969 | -17,856 |
| total shareholders funds | -32,084 | 8,435 | -11,920 | -34,536 | -35,214 | -29,969 | -17,856 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 1,018 | 990 | 559 | 689 | 1,932 | 2,587 | |
| Amortisation | |||||||
| Tax | |||||||
| Stock | 70,965 | 127,183 | -46,923 | -211,290 | 197,095 | -37,713 | 216,522 |
| Debtors | 9,019 | 30,717 | -548 | -5,574 | -14,174 | 11,261 | 9,524 |
| Creditors | -509 | -25,407 | 7,132 | 10,157 | 7,637 | -5,333 | 6,846 |
| Accruals and Deferred Income | 262,471 | -6,478 | 3,099 | -165,987 | 144,277 | -8,331 | 292,756 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 10,000 | ||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | -10,000 | -10,000 | -10,833 | 50,000 | |||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 131,389 | -180,743 | 79,844 | 115,462 | -34,320 | 641 | 48,079 |
| overdraft | |||||||
| change in cash | 131,389 | -180,743 | 79,844 | 115,462 | -34,320 | 641 | 48,079 |
m car (nw) ltd Credit Report and Business Information
M Car (nw) Ltd Competitor Analysis
Perform a competitor analysis for m car (nw) ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in PR4 area or any other competitors across 12 key performance metrics.
m car (nw) ltd Ownership
M CAR (NW) LTD group structure
M Car (Nw) Ltd has no subsidiary companies.
Ultimate parent company
M CAR (NW) LTD
09997131
m car (nw) ltd directors
M Car (Nw) Ltd currently has 1 director, Mr Marc Halewood serving since Feb 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marc Halewood | United Kingdom | 40 years | Feb 2016 | - | Director |
P&L
June 2023turnover
1.1m
+50%
operating profit
-41.5k
0%
gross margin
11.6%
+1.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-32.1k
-4.8%
total assets
519.4k
+0.69%
cash
160.4k
+4.54%
net assets
Total assets minus all liabilities
m car (nw) ltd company details
company number
09997131
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
moorfield farm treales road, preston, PR4 3SQ
Bank
-
Legal Advisor
-
m car (nw) 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 m car (nw) ltd.
m car (nw) 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.
Click to start generating capital raising & share issue transactions for M CAR (NW) LTD. This can take several minutes, an email will notify you when this has completed.
m car (nw) ltd Companies House Filings - See Documents
| date | description | view/download |
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