direct auto mot centre ltd

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direct auto mot centre ltd Company Information

Share DIRECT AUTO MOT CENTRE LTD

Company Number

10122185

Directors

Majed Abass

Shareholders

majed shaker abass

Group Structure

View All

Industry

Maintenance and repair of motor vehicles

 

Registered Address

37 the wells road, nottingham, NG3 3AP

Website

-

direct auto mot centre ltd Estimated Valuation

£44.2k

Pomanda estimates the enterprise value of DIRECT AUTO MOT CENTRE LTD at £44.2k based on a Turnover of £214.6k and 0.21x industry multiple (adjusted for size and gross margin).

direct auto mot centre ltd Estimated Valuation

£28.9k

Pomanda estimates the enterprise value of DIRECT AUTO MOT CENTRE LTD at £28.9k based on an EBITDA of £9.4k and a 3.08x industry multiple (adjusted for size and gross margin).

direct auto mot centre ltd Estimated Valuation

£63.6k

Pomanda estimates the enterprise value of DIRECT AUTO MOT CENTRE LTD at £63.6k based on Net Assets of £22.4k and 2.84x industry multiple (adjusted for liquidity).

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Direct Auto Mot Centre Ltd Overview

Direct Auto Mot Centre Ltd is a live company located in nottingham, NG3 3AP with a Companies House number of 10122185. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in April 2016, it's largest shareholder is majed shaker abass with a 100% stake. Direct Auto Mot Centre Ltd is a young, micro sized company, Pomanda has estimated its turnover at £214.6k with high growth in recent years.

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Direct Auto Mot Centre Ltd Health Check

Pomanda's financial health check has awarded Direct Auto Mot Centre Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £214.6k, make it smaller than the average company (£340.4k)

£214.6k - Direct Auto Mot Centre Ltd

£340.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (12.4%)

24% - Direct Auto Mot Centre Ltd

12.4% - Industry AVG

production

Production

with a gross margin of 23%, this company has a higher cost of product (36.4%)

23% - Direct Auto Mot Centre Ltd

36.4% - Industry AVG

profitability

Profitability

an operating margin of 4.4% make it less profitable than the average company (6.1%)

4.4% - Direct Auto Mot Centre Ltd

6.1% - Industry AVG

employees

Employees

with 6 employees, this is similar to the industry average (6)

6 - Direct Auto Mot Centre Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.1k, the company has an equivalent pay structure (£29.1k)

£29.1k - Direct Auto Mot Centre Ltd

£29.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £35.8k, this is less efficient (£98.5k)

£35.8k - Direct Auto Mot Centre Ltd

£98.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 64 days, this is later than average (35 days)

64 days - Direct Auto Mot Centre Ltd

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is quicker than average (42 days)

30 days - Direct Auto Mot Centre Ltd

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Direct Auto Mot Centre Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Direct Auto Mot Centre Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 61.7%, this is a similar level of debt than the average (65.4%)

61.7% - Direct Auto Mot Centre Ltd

65.4% - Industry AVG

DIRECT AUTO MOT CENTRE LTD financials

EXPORTms excel logo

Direct Auto Mot Centre Ltd's latest turnover from March 2024 is estimated at £214.6 thousand and the company has net assets of £22.4 thousand. According to their latest financial statements, Direct Auto Mot Centre Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover214,560176,490107,541113,80973,41260,207113,505142,031
Other Income Or Grants
Cost Of Sales165,163136,75786,11388,95355,76645,47582,637102,744
Gross Profit49,39839,73221,42724,85717,64514,73230,86939,288
Admin Expenses40,01019,44821,08323,05720,95415,67219,34347,219
Operating Profit9,38820,2843441,800-3,309-94011,526-7,931
Interest Payable
Interest Receivable455264
Pre-Tax Profit9,38820,2843441,800-3,305-88511,552-7,927
Tax-2,347-3,854-65-342-2,195
Profit After Tax7,04116,4302791,458-3,305-8859,357-7,927
Dividends Paid
Retained Profit7,04116,4302791,458-3,305-8859,357-7,927
Employee Costs174,57881,37081,21752,61627,45228,60026,91354,132
Number Of Employees63321112
EBITDA*9,38824,4368,6508,5794,8995,20918,351-7,931

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets20,44318,91723,06931,37537,39245,60032,07137,676
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets20,44318,91723,06931,37537,39245,60032,07137,676
Stock & work in progress
Trade Debtors38,16850,87422,71233,92011,2533,950
Group Debtors
Misc Debtors1,0001,0002,000
Cash7,1897,4633,034
misc current assets
total current assets38,16851,87423,71235,92011,25311,1397,4633,034
total assets58,61170,79146,78167,29548,64556,73939,53440,710
Bank overdraft
Bank loan
Trade Creditors 13,66313,4623,8826,09728,40534,59438,00448,537
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities13,66313,4623,8826,09728,40534,59438,00448,537
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities22,50041,92243,92262,50023,00021,500
provisions
total long term liabilities22,50041,92243,92262,50023,00021,500
total liabilities36,16355,38447,80468,59751,40556,09438,00448,537
net assets22,44815,407-1,023-1,302-2,7606451,530-7,827
total shareholders funds22,44815,407-1,023-1,302-2,7606451,530-7,827
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit9,38820,2843441,800-3,309-94011,526-7,931
Depreciation4,1528,3066,7798,2086,1496,825
Amortisation
Tax-2,347-3,854-65-342-2,195
Stock
Debtors-13,70628,162-12,20824,6677,3033,950
Creditors2019,580-2,215-22,308-6,189-3,410-10,53348,537
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations20,9482,00018,578-38,738-8,593-2,1515,62340,606
Investing Activities
capital expenditure-1,526-762-19,678-1,220-37,676
Change in Investments
cash flow from investments-1,526-762-19,678-1,220-37,676
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-19,422-2,000-18,57839,5001,50021,500
share issue-100100
interest455264
cash flow from financing-19,422-2,000-18,57839,5001,40421,55526104
cash and cash equivalents
cash-7,189-2744,4293,034
overdraft
change in cash-7,189-2744,4293,034

direct auto mot centre ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Direct Auto Mot Centre Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for direct auto mot centre ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in NG3 area or any other competitors across 12 key performance metrics.

direct auto mot centre ltd Ownership

DIRECT AUTO MOT CENTRE LTD group structure

Direct Auto Mot Centre Ltd has no subsidiary companies.

Ultimate parent company

DIRECT AUTO MOT CENTRE LTD

10122185

DIRECT AUTO MOT CENTRE LTD Shareholders

majed shaker abass 100%

direct auto mot centre ltd directors

Direct Auto Mot Centre Ltd currently has 1 director, Mr Majed Abass serving since Jun 2016.

officercountryagestartendrole
Mr Majed AbassEngland54 years Jun 2016- Director

P&L

March 2024

turnover

214.6k

+22%

operating profit

9.4k

0%

gross margin

23.1%

+2.27%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

22.4k

+0.46%

total assets

58.6k

-0.17%

cash

0

0%

net assets

Total assets minus all liabilities

direct auto mot centre ltd company details

company number

10122185

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

April 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

37 the wells road, nottingham, NG3 3AP

Bank

-

Legal Advisor

-

direct auto mot centre 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 direct auto mot centre ltd.

direct auto mot centre 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.

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direct auto mot centre ltd Companies House Filings - See Documents

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