Pomanda estimates the enterprise value of CHRISTCHURCH CARS LIMITED at £214.1k based on a Turnover of £875.9k and 0.24x industry multiple (adjusted for size and gross margin).
christchurch cars limitedEstimated Valuation
£82.5k
Pomanda estimates the enterprise value of CHRISTCHURCH CARS LIMITED at £82.5k based on an EBITDA of £25k and a 3.3x industry multiple (adjusted for size and gross margin).
christchurch cars limitedEstimated Valuation
£732.6k
Pomanda estimates the enterprise value of CHRISTCHURCH CARS LIMITED at £732.6k based on Net Assets of £263.4k and 2.78x industry multiple (adjusted for liquidity).
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Christchurch Cars LimitedOverview
Christchurch Cars Limited is a live company located in dorset, BH23 3TG with a Companies House number of 10023779. 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
neil macvicar
with a 25% stake. Christchurch Cars Limited is a young,
small sized company, Pomanda has estimated its turnover at
£875.9k with
declining
growth in recent years.
Pomanda's financial health check has awarded Christchurch Cars Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
3 Regular
7 Weak
Size
annual sales of £875.9k, make it smaller than the average company (£2.1m)
£875.9k - Christchurch Cars Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (13%)
-12% - Christchurch Cars Limited
13% - Industry AVG
Production
with a gross margin of 6.9%, this company has a higher cost of product (11.4%)
6.9% - Christchurch Cars Limited
11.4% - Industry AVG
Profitability
an operating margin of 2.9% make it as profitable than the average company (2.8%)
2.9% - Christchurch Cars Limited
2.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Christchurch Cars Limited
6 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
£33k - Christchurch Cars Limited
£33k - Industry AVG
Efficiency
resulting in sales per employee of £292k, this is less efficient (£461.3k)
£292k - Christchurch Cars Limited
£461.3k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is later than average (8 days)
16 days - Christchurch Cars Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (12 days)
72 days - Christchurch Cars Limited
12 days - Industry AVG
Stock Days
it holds stock equivalent to 157 days, this is more than average (63 days)
157 days - Christchurch Cars Limited
63 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 10 weeks, this is average cash available to meet short term requirements (9 weeks)
10 weeks - Christchurch Cars Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38%, this is a lower level of debt than the average (67.3%)
38% - Christchurch Cars Limited
67.3% - Industry AVG
CHRISTCHURCH CARS LIMITED financials
EXPORT
Christchurch Cars Limited's latest turnover from March 2024 is estimated at £875.9 thousand and the company has net assets of £263.4 thousand. According to their latest financial statements, Christchurch Cars Limited has 3 employees and maintains cash reserves of £31 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Turnover
875,923
878,224
1,807,208
1,268,016
934,701
1,131,980
1,591,111
2,626,891
Other Income Or Grants
Cost Of Sales
815,733
812,949
1,673,763
1,185,787
869,378
1,049,449
1,475,286
2,428,736
Gross Profit
60,189
65,274
133,446
82,229
65,324
82,531
115,824
198,155
Admin Expenses
35,166
40,131
8,492
-19,920
79,395
91,689
103,225
134,374
Operating Profit
25,023
25,143
124,954
102,149
-14,071
-9,158
12,599
63,781
Interest Payable
Interest Receivable
1,976
941
Pre-Tax Profit
26,999
26,084
124,954
102,149
-14,071
-9,158
12,599
63,781
Tax
-6,750
-4,956
-23,741
-19,408
-2,394
-12,756
Profit After Tax
20,249
21,128
101,213
82,741
-14,071
-9,158
10,205
51,025
Dividends Paid
Retained Profit
20,249
21,128
101,213
82,741
-14,071
-9,158
10,205
51,025
Employee Costs
98,930
96,592
93,561
85,348
86,946
86,673
84,832
111,524
Number Of Employees
3
3
3
3
3
3
3
4
EBITDA*
25,023
25,143
124,954
102,149
-14,071
-9,158
12,599
63,781
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
352,800
360,382
Trade Debtors
40,746
4,999
418,015
321,833
172,500
195,954
205,619
214,682
Group Debtors
Misc Debtors
Cash
30,982
44,290
misc current assets
total current assets
424,528
409,671
418,015
321,833
172,500
195,954
205,619
214,682
total assets
424,528
409,671
418,015
321,833
172,500
195,954
205,619
214,682
Bank overdraft
Bank loan
Trade Creditors
161,096
161,444
181,016
151,091
134,499
143,882
144,389
163,657
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
161,096
161,444
181,016
151,091
134,499
143,882
144,389
163,657
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
5,044
15,044
50,000
provisions
total long term liabilities
5,044
15,044
50,000
total liabilities
161,096
166,488
196,060
201,091
134,499
143,882
144,389
163,657
net assets
263,432
243,183
221,955
120,742
38,001
52,072
61,230
51,025
total shareholders funds
263,432
243,183
221,955
120,742
38,001
52,072
61,230
51,025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Operating Activities
Operating Profit
25,023
25,143
124,954
102,149
-14,071
-9,158
12,599
63,781
Depreciation
Amortisation
Tax
-6,750
-4,956
-23,741
-19,408
-2,394
-12,756
Stock
-7,582
360,382
Debtors
35,747
-413,016
96,182
149,333
-23,454
-9,665
-9,063
214,682
Creditors
-348
-19,572
29,925
16,592
-9,383
-507
-19,268
163,657
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-10,240
53,249
34,956
-50,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-5,044
-10,000
-34,956
50,000
share issue
100
interest
1,976
941
cash flow from financing
-3,068
-8,959
-34,956
50,000
cash and cash equivalents
cash
-13,308
44,290
overdraft
change in cash
-13,308
44,290
christchurch cars limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for christchurch cars limited. Get real-time insights into christchurch cars limited's credit score, group structure and payment trends.
Perform a competitor analysis for christchurch cars limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BH23 area or any other competitors across 12 key performance metrics.
christchurch cars limited Ownership
CHRISTCHURCH CARS LIMITED group structure
Christchurch Cars Limited has no subsidiary companies.
Ultimate parent company
CHRISTCHURCH CARS LIMITED
10023779
CHRISTCHURCH CARS LIMITED Shareholders
The largest shareholders in Christchurch Cars Limited include Neil Macvicar and Robert Linnell.
neil macvicar
25%
robert linnell
25%
anna macvicar
25%
maralyn macvicar
25%
christchurch cars limited directors
Christchurch Cars Limited currently has 2 directors.
The longest serving directors include
Mr William MacVicar (Feb 2016) and
Mr Robert Linnell (Feb 2016).
45112 - Sale of used cars and light motor vehicles
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
ROBERT FIELD - AIMS ACCOUNTANTS
auditor
-
address
10 airfield road, christchurch, dorset, BH23 3TG
Bank
-
Legal Advisor
-
christchurch cars 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 christchurch cars limited.
christchurch cars 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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christchurch cars limitedCompanies House Filings - See Documents
