ric motors ltd
ric motors ltd Company Information
Group Structure
View All
Industry
Retail trade of motor vehicle parts and accessories
+1Registered Address
10544042 - ch default address, cardiff, CF14 8LH
Website
-ric motors ltd Estimated Valuation
Pomanda estimates the enterprise value of RIC MOTORS LTD at £14.9k based on a Turnover of £62.9k and 0.24x industry multiple (adjusted for size and gross margin).
ric motors ltd Estimated Valuation
Pomanda estimates the enterprise value of RIC MOTORS LTD at £10 based on an EBITDA of £3 and a 2.89x industry multiple (adjusted for size and gross margin).
ric motors ltd Estimated Valuation
Pomanda estimates the enterprise value of RIC MOTORS LTD at £8 based on Net Assets of £3 and 2.81x industry multiple (adjusted for liquidity).
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Ric Motors Ltd Overview
Ric Motors Ltd is a live company located in cardiff, CF14 8LH with a Companies House number of 10544042. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in January 2017, it's largest shareholder is willems wanki with a 100% stake. Ric Motors Ltd is a young, micro sized company, Pomanda has estimated its turnover at £62.9k with unknown growth in recent years.
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Ric Motors Ltd Health Check
Pomanda's financial health check has awarded Ric Motors Ltd a 1 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 £62.9k, make it smaller than the average company (£1.8m)
- Ric Motors Ltd
£1.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ric Motors Ltd
- - Industry AVG
Production
with a gross margin of 13.2%, this company has a higher cost of product (23.3%)
- Ric Motors Ltd
23.3% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (2.7%)
- Ric Motors Ltd
2.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (38)
1 - Ric Motors Ltd
38 - Industry AVG
Pay Structure
on an average salary of £27.7k, the company has an equivalent pay structure (£27.7k)
- Ric Motors Ltd
£27.7k - Industry AVG
Efficiency
resulting in sales per employee of £62.9k, this is less efficient (£264.9k)
- Ric Motors Ltd
£264.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (19 days)
- Ric Motors Ltd
19 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ric Motors Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ric Motors Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ric Motors Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Ric Motors Ltd
- - Industry AVG
RIC MOTORS LTD financials
Ric Motors Ltd's latest turnover from January 2020 is estimated at £62.9 thousand and the company has net assets of £3. According to their latest financial statements, Ric Motors Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2020 | Feb 2019 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|
| 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 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2020 | Feb 2019 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | 1 | 1 | ||
| Investments & Other | 1 | |||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 1 | 1 | 1 | |
| Stock & work in progress | 1 | 1 | ||
| Trade Debtors | 1 | |||
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | 1 | 1 | ||
| misc current assets | 1 | 1 | 1 | |
| total current assets | 2 | 3 | 3 | |
| total assets | 3 | 4 | 4 | |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | ||||
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | ||||
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 3 | 3 | ||
| total long term liabilities | 3 | 3 | ||
| total liabilities | 3 | 3 | ||
| net assets | 3 | 1 | 1 | |
| total shareholders funds | 3 | 1 | 1 |
| Jan 2020 | Feb 2019 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | 2 | 2 | ||
| Tax | ||||
| Stock | -1 | 1 | ||
| Debtors | 1 | |||
| Creditors | ||||
| Accruals and Deferred Income | ||||
| Deferred Taxes & Provisions | -3 | 3 | ||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 1 | |||
| 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 | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -1 | 1 | ||
| overdraft | ||||
| change in cash | -1 | 1 |
ric motors ltd Credit Report and Business Information
Ric Motors Ltd Competitor Analysis
Perform a competitor analysis for ric motors 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 CF14 area or any other competitors across 12 key performance metrics.
ric motors ltd Ownership
RIC MOTORS LTD group structure
Ric Motors Ltd has no subsidiary companies.
Ultimate parent company
RIC MOTORS LTD
10544042
ric motors ltd directors
Ric Motors Ltd currently has 1 director, Mr Willems Wanki serving since Jan 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Willems Wanki | England | 33 years | Jan 2017 | - | Director |
P&L
January 2020turnover
62.9k
0%
operating profit
3.7
0%
gross margin
13.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2020net assets
3
0%
total assets
3
0%
cash
0
0%
net assets
Total assets minus all liabilities
ric motors ltd company details
company number
10544042
Type
Private limited with Share Capital
industry
45320 - Retail trade of motor vehicle parts and accessories
45112 - Sale of used cars and light motor vehicles
incorporation date
January 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2020
previous names
ric international ltd (May 2019)
ric motors ltd (March 2019)
accountant
-
auditor
-
address
10544042 - ch default address, cardiff, CF14 8LH
Bank
-
Legal Advisor
-
ric motors 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 ric motors ltd.
ric motors 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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ric motors ltd Companies House Filings - See Documents
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