budget tyres ltd
budget tyres ltd Company Information
Company Number
10049639
Website
-Registered Address
3 mill cottages, mill green, hatfield, hertfordshire, AL9 5PB
Industry
Retail trade of motor vehicle parts and accessories
Telephone
01482838684
Next Accounts Due
October 2024
Group Structure
View All
Directors
David Randall8 Years
Shareholders
david charles randall 100%
budget tyres ltd Estimated Valuation
Pomanda estimates the enterprise value of BUDGET TYRES LTD at £1 based on a Turnover of £5 and 0.23x industry multiple (adjusted for size and gross margin).
budget tyres ltd Estimated Valuation
Pomanda estimates the enterprise value of BUDGET TYRES LTD at £3 based on an EBITDA of £1 and a 3.13x industry multiple (adjusted for size and gross margin).
budget tyres ltd Estimated Valuation
Pomanda estimates the enterprise value of BUDGET TYRES LTD at £2 based on Net Assets of £1 and 2.84x industry multiple (adjusted for liquidity).
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Budget Tyres Ltd Overview
Budget Tyres Ltd is a dissolved company that was located in hatfield, AL9 5PB with a Companies House number of 10049639. It operated in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in March 2016, it's largest shareholder was david charles randall with a 100% stake. The last turnover for Budget Tyres Ltd was estimated at £5.6.
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Budget Tyres Ltd Health Check
Pomanda's financial health check has awarded Budget Tyres 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
1 Strong
1 Regular
5 Weak
Size
annual sales of £5.6, make it smaller than the average company (£816.8k)
- Budget Tyres Ltd
£816.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Budget Tyres Ltd
- - Industry AVG
Production
with a gross margin of 19.9%, this company has a higher cost of product (34.4%)
- Budget Tyres Ltd
34.4% - Industry AVG
Profitability
an operating margin of 22.5% make it more profitable than the average company (5.2%)
- Budget Tyres Ltd
5.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (83)
- Budget Tyres Ltd
83 - Industry AVG
Pay Structure
on an average salary of £23.4k, the company has an equivalent pay structure (£23.4k)
- Budget Tyres Ltd
£23.4k - Industry AVG
Efficiency
resulting in sales per employee of £5.6, this is less efficient (£116.4k)
- Budget Tyres Ltd
£116.4k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (40 days)
- Budget Tyres Ltd
40 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Budget Tyres Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Budget Tyres Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Budget Tyres Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Budget Tyres Ltd
- - Industry AVG
BUDGET TYRES LTD financials
Budget Tyres Ltd's latest turnover from March 2017 is estimated at £6 and the company has net assets of £1. According to their latest financial statements, we estimate that Budget Tyres Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2017 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 1 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 1 |
| total assets | 1 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 0 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 0 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 0 |
| net assets | 1 |
| total shareholders funds | 1 |
| Mar 2017 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 1 |
| Creditors | 0 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
budget tyres ltd Credit Report and Business Information
Budget Tyres Ltd Competitor Analysis
Perform a competitor analysis for budget tyres ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in AL9 area or any other competitors across 12 key performance metrics.
budget tyres ltd Ownership
BUDGET TYRES LTD group structure
Budget Tyres Ltd has no subsidiary companies.
Ultimate parent company
BUDGET TYRES LTD
10049639
budget tyres ltd directors
Budget Tyres Ltd currently has 1 director, Mr David Randall serving since Mar 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Randall | United Kingdom | 61 years | Mar 2016 | - | Director |
P&L
March 2017turnover
5.6
0%
operating profit
1.3
0%
gross margin
20%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2017net assets
1
0%
total assets
1
0%
cash
0
0%
net assets
Total assets minus all liabilities
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budget tyres ltd company details
company number
10049639
Type
Private limited with Share Capital
industry
45320 - Retail trade of motor vehicle parts and accessories
incorporation date
March 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2017
previous names
N/A
accountant
-
auditor
-
address
3 mill cottages, mill green, hatfield, hertfordshire, AL9 5PB
Bank
-
Legal Advisor
-
budget tyres 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 budget tyres ltd.
budget tyres ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
