next2drive limited
next2drive limited Company Information
Company Number
10575655
Website
next2drive.co.ukRegistered Address
23 wesley way, benton square industrial estate, newcastle upon tyne, NE12 9TA
Industry
Sale of used cars and light motor vehicles
Telephone
-
Next Accounts Due
April 2024
Group Structure
View All
Directors
Jacqueline Wilson7 Years
Shareholders
jacqueline wilson 100%
next2drive limited Estimated Valuation
The estimated valuation range for next2drive limited, derived from financial data as of January 2018 and the most recent industry multiples, is between £79.5k to £222.1k
next2drive limited Estimated Valuation
The estimated valuation range for next2drive limited, derived from financial data as of January 2018 and the most recent industry multiples, is between £79.5k to £222.1k
next2drive limited Estimated Valuation
The estimated valuation range for next2drive limited, derived from financial data as of January 2018 and the most recent industry multiples, is between £79.5k to £222.1k
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Next2drive Limited Overview
Next2drive Limited is a dissolved company that was located in newcastle upon tyne, NE12 9TA with a Companies House number of 10575655. It operated in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in January 2017, it's largest shareholder was jacqueline wilson with a 100% stake. The last turnover for Next2drive Limited was estimated at £1.2m.
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Next2drive Limited Health Check
Pomanda's financial health check has awarded Next2Drive Limited a 3 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 £1.2m, make it smaller than the average company (£1.5m)
- Next2drive Limited
£1.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Next2drive Limited
- - Industry AVG
Production
with a gross margin of 7.5%, this company has a higher cost of product (11.4%)
- Next2drive Limited
11.4% - Industry AVG
Profitability
an operating margin of 3.1% make it more profitable than the average company (2.6%)
- Next2drive Limited
2.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (23)
- Next2drive Limited
23 - Industry AVG
Pay Structure
on an average salary of £28.3k, the company has an equivalent pay structure (£28.3k)
- Next2drive Limited
£28.3k - Industry AVG
Efficiency
resulting in sales per employee of £592.2k, this is more efficient (£473.9k)
- Next2drive Limited
£473.9k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is later than average (8 days)
- Next2drive Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is slower than average (13 days)
- Next2drive Limited
13 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Next2drive Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Next2drive Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80%, this is a higher level of debt than the average (71.6%)
80% - Next2drive Limited
71.6% - Industry AVG
next2drive limited Credit Report and Business Information
Next2drive Limited Competitor Analysis
Perform a competitor analysis for next2drive limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
next2drive limited Ownership
NEXT2DRIVE LIMITED group structure
Next2Drive Limited has no subsidiary companies.
Ultimate parent company
NEXT2DRIVE LIMITED
10575655
next2drive limited directors
Next2Drive Limited currently has 1 director, Mrs Jacqueline Wilson serving since Jan 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jacqueline Wilson | United Kingdom | 48 years | Jan 2017 | - | Director |
NEXT2DRIVE LIMITED financials
Next2Drive Limited's latest turnover from January 2018 is estimated at £1.2 million and the company has net assets of £30 thousand. According to their latest financial statements, we estimate that Next2Drive Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2018 | |
|---|---|
| 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 | 149,824 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 149,824 |
| total assets | 149,824 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 119,783 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 119,783 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 119,783 |
| net assets | 30,041 |
| total shareholders funds | 30,041 |
| Jan 2018 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 149,824 |
| Creditors | 119,783 |
| 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 |
P&L
January 2018turnover
1.2m
0%
operating profit
37.1k
0%
gross margin
7.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2018net assets
30k
0%
total assets
149.8k
0%
cash
0
0%
net assets
Total assets minus all liabilities
next2drive limited company details
company number
10575655
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
January 2017
age
7
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
23 wesley way, benton square industrial estate, newcastle upon tyne, NE12 9TA
last accounts submitted
January 2018
next2drive limited 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 next2drive limited.
next2drive limited Companies House Filings - See Documents
| date | description | view/download |
|---|
