platinum vehicle solutions ltd
platinum vehicle solutions ltd Company Information
Company Number
10358132
Next Accounts
1279 days late
Industry
Renting and leasing of cars and light motor vehicles
Directors
Shareholders
ayyaz ahmad
Group Structure
View All
Contact
Registered Address
station house stamford new road, altrincham, WA14 1EP
platinum vehicle solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of PLATINUM VEHICLE SOLUTIONS LTD at £176.2k based on a Turnover of £313.1k and 0.56x industry multiple (adjusted for size and gross margin).
platinum vehicle solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of PLATINUM VEHICLE SOLUTIONS LTD at £0 based on an EBITDA of £-45.6k and a 2.04x industry multiple (adjusted for size and gross margin).
platinum vehicle solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of PLATINUM VEHICLE SOLUTIONS LTD at £0 based on Net Assets of £-59.6k and 2.44x industry multiple (adjusted for liquidity).
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Platinum Vehicle Solutions Ltd Overview
Platinum Vehicle Solutions Ltd is a live company located in altrincham, WA14 1EP with a Companies House number of 10358132. It operates in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in September 2016, it's largest shareholder is ayyaz ahmad with a 100% stake. Platinum Vehicle Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £313.1k with unknown growth in recent years.
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Platinum Vehicle Solutions Ltd Health Check
Pomanda's financial health check has awarded Platinum Vehicle Solutions Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £313.1k, make it smaller than the average company (£6.7m)
- Platinum Vehicle Solutions Ltd
£6.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Platinum Vehicle Solutions Ltd
- - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (26.6%)
- Platinum Vehicle Solutions Ltd
26.6% - Industry AVG
Profitability
an operating margin of -14.6% make it less profitable than the average company (9%)
- Platinum Vehicle Solutions Ltd
9% - Industry AVG
Employees
with 1 employees, this is below the industry average (50)
- Platinum Vehicle Solutions Ltd
50 - Industry AVG
Pay Structure
on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)
- Platinum Vehicle Solutions Ltd
£36.2k - Industry AVG
Efficiency
resulting in sales per employee of £313.1k, this is more efficient (£236.7k)
- Platinum Vehicle Solutions Ltd
£236.7k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (39 days)
- Platinum Vehicle Solutions Ltd
39 days - Industry AVG
Creditor Days
its suppliers are paid after 226 days, this is slower than average (37 days)
- Platinum Vehicle Solutions Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Platinum Vehicle Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Platinum Vehicle Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 131.9%, this is a higher level of debt than the average (76.4%)
131.9% - Platinum Vehicle Solutions Ltd
76.4% - Industry AVG
PLATINUM VEHICLE SOLUTIONS LTD financials
Platinum Vehicle Solutions Ltd's latest turnover from September 2018 is estimated at £313.1 thousand and the company has net assets of -£59.6 thousand. According to their latest financial statements, we estimate that Platinum Vehicle Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2018 | Sep 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
| Sep 2018 | Sep 2017 | |
|---|---|---|
| Tangible Assets | 174,412 | 74,056 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 174,412 | 74,056 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 12,645 | 40,663 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 12,645 | 40,663 |
| total assets | 187,057 | 114,719 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 160,335 | 128,702 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 160,335 | 128,702 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 840 | 0 |
| other liabilities | 85,474 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 86,314 | 0 |
| total liabilities | 246,649 | 128,702 |
| net assets | -59,592 | -13,983 |
| total shareholders funds | -59,592 | -13,983 |
| Sep 2018 | Sep 2017 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | 0 | 0 |
| Debtors | -28,018 | 40,663 |
| Creditors | 31,633 | 128,702 |
| Accruals and Deferred Income | 840 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 85,474 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
platinum vehicle solutions ltd Credit Report and Business Information
Platinum Vehicle Solutions Ltd Competitor Analysis
Perform a competitor analysis for platinum vehicle solutions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WA14 area or any other competitors across 12 key performance metrics.
platinum vehicle solutions ltd Ownership
PLATINUM VEHICLE SOLUTIONS LTD group structure
Platinum Vehicle Solutions Ltd has no subsidiary companies.
Ultimate parent company
PLATINUM VEHICLE SOLUTIONS LTD
10358132
platinum vehicle solutions ltd directors
Platinum Vehicle Solutions Ltd currently has 1 director, Mr Ayyaz Ahmad serving since Feb 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ayyaz Ahmad | England | 45 years | Feb 2019 | - | Director |
P&L
September 2018turnover
313.1k
-13%
operating profit
-45.6k
0%
gross margin
17.4%
-4.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2018net assets
-59.6k
+3.26%
total assets
187.1k
+0.63%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
platinum vehicle solutions ltd company details
company number
10358132
Type
Private limited with Share Capital
industry
77110 - Renting and leasing of cars and light motor vehicles
incorporation date
September 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2019
previous names
N/A
accountant
-
auditor
-
address
station house stamford new road, altrincham, WA14 1EP
Bank
-
Legal Advisor
-
platinum vehicle solutions 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 platinum vehicle solutions ltd.
platinum vehicle solutions 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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platinum vehicle solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
