2cvgb parts ltd
2cvgb parts ltd Company Information
Company Number
10161646
Next Accounts
Dec 2025
Shareholders
deux chevaux club of great britain (2cvgb) limited
Group Structure
View All
Industry
Retail trade of motor vehicle parts and accessories
Registered Address
116 gravel hill gravel hill, coventry, west midlands, CV4 9JN
Website
www.2cvgb.co.uk2cvgb parts ltd Estimated Valuation
Pomanda estimates the enterprise value of 2CVGB PARTS LTD at £61.3k based on a Turnover of £207.9k and 0.29x industry multiple (adjusted for size and gross margin).
2cvgb parts ltd Estimated Valuation
Pomanda estimates the enterprise value of 2CVGB PARTS LTD at £0 based on an EBITDA of £-456 and a 3.38x industry multiple (adjusted for size and gross margin).
2cvgb parts ltd Estimated Valuation
Pomanda estimates the enterprise value of 2CVGB PARTS LTD at £0 based on Net Assets of £-35.5k and 2.64x industry multiple (adjusted for liquidity).
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2cvgb Parts Ltd Overview
2cvgb Parts Ltd is a live company located in west midlands, CV4 9JN with a Companies House number of 10161646. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in May 2016, it's largest shareholder is deux chevaux club of great britain (2cvgb) limited with a 100% stake. 2cvgb Parts Ltd is a young, micro sized company, Pomanda has estimated its turnover at £207.9k with high growth in recent years.
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2cvgb Parts Ltd Health Check
Pomanda's financial health check has awarded 2Cvgb Parts Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £207.9k, make it smaller than the average company (£2.6m)
- 2cvgb Parts Ltd
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (9.3%)
- 2cvgb Parts Ltd
9.3% - Industry AVG
Production
with a gross margin of 30.5%, this company has a comparable cost of product (30.5%)
- 2cvgb Parts Ltd
30.5% - Industry AVG
Profitability
an operating margin of -4.2% make it less profitable than the average company (4.4%)
- 2cvgb Parts Ltd
4.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (41)
- 2cvgb Parts Ltd
41 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
- 2cvgb Parts Ltd
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £103.9k, this is less efficient (£170.2k)
- 2cvgb Parts Ltd
£170.2k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (36 days)
- 2cvgb Parts Ltd
36 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- 2cvgb Parts Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 239 days, this is more than average (62 days)
- 2cvgb Parts Ltd
62 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (13 weeks)
16 weeks - 2cvgb Parts Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 118.8%, this is a higher level of debt than the average (66.5%)
118.8% - 2cvgb Parts Ltd
66.5% - Industry AVG
2CVGB PARTS LTD financials
2Cvgb Parts Ltd's latest turnover from March 2024 is estimated at £207.9 thousand and the company has net assets of -£35.5 thousand. According to their latest financial statements, we estimate that 2Cvgb Parts Ltd has 2 employees and maintains cash reserves of £72.8 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 | ||||||||
| 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 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 18,597 | 25,110 | 33,010 | 41,180 | 49,350 | 57,520 | 65,090 | 71,100 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 18,597 | 25,110 | 33,010 | 41,180 | 49,350 | 57,520 | 65,090 | 71,100 |
| Stock & work in progress | 94,801 | 81,491 | 73,967 | 68,658 | 75,745 | 81,499 | 67,015 | 73,457 |
| Trade Debtors | 2,200 | 129 | 93 | 290 | 588 | 434 | 1,800 | 8 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 335 | 838 | 8 | 0 | 493 | 0 | 24,672 |
| Cash | 72,819 | 81,024 | 79,029 | 79,621 | 67,188 | 59,134 | 76,817 | 47,490 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 169,820 | 162,979 | 153,927 | 148,577 | 143,521 | 141,560 | 145,632 | 145,627 |
| total assets | 188,417 | 188,089 | 186,937 | 189,757 | 192,871 | 199,080 | 210,722 | 216,727 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 1,780 | 5 | 1,289 | 5 |
| Group/Directors Accounts | 222,503 | 218,103 | 217,173 | 222,503 | 226,651 | 226,651 | 226,651 | 221,452 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,389 | 655 | 630 | 623 | 779 | 500 | 678 | 500 |
| total current liabilities | 223,892 | 218,758 | 217,803 | 223,126 | 229,210 | 227,156 | 228,618 | 221,957 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 223,892 | 218,758 | 217,803 | 223,126 | 229,210 | 227,156 | 228,618 | 221,957 |
| net assets | -35,475 | -30,669 | -30,866 | -33,369 | -36,339 | -28,076 | -17,896 | -5,230 |
| total shareholders funds | -35,475 | -30,669 | -30,866 | -33,369 | -36,339 | -28,076 | -17,896 | -5,230 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 8,388 | 8,200 | 8,170 | 8,170 | 8,170 | 8,170 | 8,110 | 7,900 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 13,310 | 7,524 | 5,309 | -7,087 | -5,754 | 14,484 | -6,442 | 73,457 |
| Debtors | 1,736 | -467 | 633 | -290 | -339 | -873 | -22,880 | 24,680 |
| Creditors | 0 | 0 | 0 | -1,780 | 1,775 | -1,284 | 1,284 | 5 |
| Accruals and Deferred Income | 734 | 25 | 7 | -156 | 279 | -178 | 178 | 500 |
| Deferred Taxes & Provisions | 0 | 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 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 4,400 | 930 | -5,330 | -4,148 | 0 | 0 | 5,199 | 221,452 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -8,205 | 1,995 | -592 | 12,433 | 8,054 | -17,683 | 29,327 | 47,490 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -8,205 | 1,995 | -592 | 12,433 | 8,054 | -17,683 | 29,327 | 47,490 |
2cvgb parts ltd Credit Report and Business Information
2cvgb Parts Ltd Competitor Analysis
Perform a competitor analysis for 2cvgb parts 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 CV4 area or any other competitors across 12 key performance metrics.
2cvgb parts ltd Ownership
2CVGB PARTS LTD group structure
2Cvgb Parts Ltd has no subsidiary companies.
Ultimate parent company
1 parent
2CVGB PARTS LTD
10161646
2cvgb parts ltd directors
2Cvgb Parts Ltd currently has 3 directors. The longest serving directors include Mr Mark Dunn (May 2016) and Mr Julian Kettleborough (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Dunn | England | 49 years | May 2016 | - | Director |
| Mr Julian Kettleborough | England | 55 years | Sep 2019 | - | Director |
| Mrs Vanessa Harrison | United Kingdom | 50 years | Mar 2023 | - | Director |
P&L
March 2024turnover
207.9k
+20%
operating profit
-8.8k
0%
gross margin
30.6%
+5.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-35.5k
+0.16%
total assets
188.4k
0%
cash
72.8k
-0.1%
net assets
Total assets minus all liabilities
2cvgb parts ltd company details
company number
10161646
Type
Private limited with Share Capital
industry
45320 - Retail trade of motor vehicle parts and accessories
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
BERNARD ROGERS & CO
auditor
-
address
116 gravel hill gravel hill, coventry, west midlands, CV4 9JN
Bank
-
Legal Advisor
-
2cvgb parts 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 2cvgb parts ltd.
2cvgb parts 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 2CVGB PARTS LTD. This can take several minutes, an email will notify you when this has completed.
2cvgb parts ltd Companies House Filings - See Documents
| date | description | view/download |
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