dorset sports cars ltd
dorset sports cars ltd Company Information
Company Number
10615786
Registered Address
three cross garage, 99 ringwood, three legged cross, wimborne, dorset, BH21 6RD
Industry
Maintenance and repair of motor vehicles
Sale of used cars and light motor vehicles
Telephone
01202825911
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
dorset sports cars group ltd 100%
dorset sports cars ltd Estimated Valuation
Pomanda estimates the enterprise value of DORSET SPORTS CARS LTD at £887.8k based on a Turnover of £3.3m and 0.27x industry multiple (adjusted for size and gross margin).
dorset sports cars ltd Estimated Valuation
Pomanda estimates the enterprise value of DORSET SPORTS CARS LTD at £158.3k based on an EBITDA of £41.1k and a 3.85x industry multiple (adjusted for size and gross margin).
dorset sports cars ltd Estimated Valuation
Pomanda estimates the enterprise value of DORSET SPORTS CARS LTD at £327.3k based on Net Assets of £109.7k and 2.98x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Dorset Sports Cars Ltd Overview
Dorset Sports Cars Ltd is a live company located in wimborne, BH21 6RD with a Companies House number of 10615786. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in February 2017, it's largest shareholder is dorset sports cars group ltd with a 100% stake. Dorset Sports Cars Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.3m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Dorset Sports Cars Ltd Health Check
Pomanda's financial health check has awarded Dorset Sports Cars Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
9 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£14.3m)
- Dorset Sports Cars Ltd
£14.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6%)
- Dorset Sports Cars Ltd
6% - Industry AVG
Production
with a gross margin of 21.9%, this company has a comparable cost of product (21.9%)
- Dorset Sports Cars Ltd
21.9% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (3.8%)
- Dorset Sports Cars Ltd
3.8% - Industry AVG
Employees
with 16 employees, this is below the industry average (31)
16 - Dorset Sports Cars Ltd
31 - Industry AVG
Pay Structure
on an average salary of £30.2k, the company has an equivalent pay structure (£30.2k)
- Dorset Sports Cars Ltd
£30.2k - Industry AVG
Efficiency
resulting in sales per employee of £207.3k, this is less efficient (£330.5k)
- Dorset Sports Cars Ltd
£330.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (23 days)
- Dorset Sports Cars Ltd
23 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (33 days)
- Dorset Sports Cars Ltd
33 days - Industry AVG
Stock Days
it holds stock equivalent to 128 days, this is more than average (53 days)
- Dorset Sports Cars Ltd
53 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Dorset Sports Cars Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.6%, this is a higher level of debt than the average (66.7%)
88.6% - Dorset Sports Cars Ltd
66.7% - Industry AVG
DORSET SPORTS CARS LTD financials
Dorset Sports Cars Ltd's latest turnover from March 2023 is estimated at £3.3 million and the company has net assets of £109.7 thousand. According to their latest financial statements, Dorset Sports Cars Ltd has 16 employees and maintains cash reserves of £4.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 16 | 20 | 23 | 16 | 23 | 18 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 22,931 | 27,031 | 32,490 | 38,582 | 42,226 | 44,036 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 22,931 | 27,031 | 32,490 | 38,582 | 42,226 | 44,036 |
| Stock & work in progress | 915,389 | 1,132,017 | 1,080,162 | 1,032,083 | 1,061,917 | 1,104,462 |
| Trade Debtors | 5,121 | 5,615 | 4,002 | 863 | 17,445 | 10,184 |
| Group Debtors | 0 | 0 | 503 | 127,546 | 58,566 | 0 |
| Misc Debtors | 11,203 | 11,282 | 3,381 | 8,293 | 56,865 | 35,488 |
| Cash | 4,327 | 1,723 | 61,790 | 4,750 | 21,433 | 12,635 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 936,040 | 1,150,637 | 1,149,838 | 1,173,535 | 1,216,226 | 1,162,769 |
| total assets | 958,971 | 1,177,668 | 1,182,328 | 1,212,117 | 1,258,452 | 1,206,805 |
| Bank overdraft | 264,011 | 208,741 | 190,196 | 549,378 | 585,837 | 492,364 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 78,036 | 22,382 | 111,604 | 62,012 | 63,874 | 98,852 |
| Group/Directors Accounts | 101,818 | 277,516 | 177,194 | 163 | 66 | 665 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 32,350 | 23,830 |
| other current liabilities | 161,032 | 255,757 | 311,451 | 229,247 | 213,880 | 209,869 |
| total current liabilities | 604,897 | 764,396 | 790,445 | 840,800 | 896,007 | 825,580 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 32,350 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 240,250 | 308,250 | 328,250 | 328,250 | 328,250 | 328,250 |
| provisions | 4,129 | 4,858 | 5,835 | 6,918 | 7,519 | 1,415 |
| total long term liabilities | 244,379 | 313,108 | 334,085 | 335,168 | 335,769 | 362,015 |
| total liabilities | 849,276 | 1,077,504 | 1,124,530 | 1,175,968 | 1,231,776 | 1,187,595 |
| net assets | 109,695 | 100,164 | 57,798 | 36,149 | 26,676 | 19,210 |
| total shareholders funds | 109,695 | 100,164 | 57,798 | 36,149 | 26,676 | 19,210 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 5,264 | 7,035 | 8,578 | 10,801 | 10,835 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | -216,628 | 51,855 | 48,079 | -29,834 | -42,545 | 1,104,462 |
| Debtors | -573 | 9,011 | -128,816 | 3,826 | 87,204 | 45,672 |
| Creditors | 55,654 | -89,222 | 49,592 | -1,862 | -34,978 | 98,852 |
| Accruals and Deferred Income | -94,725 | -55,694 | 82,204 | 15,367 | 4,011 | 209,869 |
| Deferred Taxes & Provisions | -729 | -977 | -1,083 | -601 | 6,104 | 1,415 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -175,698 | 100,322 | 177,031 | 97 | -599 | 665 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -32,350 | -23,830 | 56,180 |
| other long term liabilities | -68,000 | -20,000 | 0 | 0 | 0 | 328,250 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 2,604 | -60,067 | 57,040 | -16,683 | 8,798 | 12,635 |
| overdraft | 55,270 | 18,545 | -359,182 | -36,459 | 93,473 | 492,364 |
| change in cash | -52,666 | -78,612 | 416,222 | 19,776 | -84,675 | -479,729 |
dorset sports cars ltd Credit Report and Business Information
Dorset Sports Cars Ltd Competitor Analysis
Perform a competitor analysis for dorset sports cars ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BH21 area or any other competitors across 12 key performance metrics.
dorset sports cars ltd Ownership
DORSET SPORTS CARS LTD group structure
Dorset Sports Cars Ltd has no subsidiary companies.
dorset sports cars ltd directors
Dorset Sports Cars Ltd currently has 2 directors. The longest serving directors include Mr Paul Winter (Feb 2017) and Mr Timothy Speed (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Winter | England | 54 years | Feb 2017 | - | Director |
| Mr Timothy Speed | England | 57 years | Feb 2017 | - | Director |
P&L
March 2023turnover
3.3m
-14%
operating profit
35.9k
0%
gross margin
21.9%
-1.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
109.7k
+0.1%
total assets
959k
-0.19%
cash
4.3k
+1.51%
net assets
Total assets minus all liabilities
dorset sports cars ltd company details
company number
10615786
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
45112 - Sale of used cars and light motor vehicles
45320 - Retail trade of motor vehicle parts and accessories
incorporation date
February 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
dorset sports cars group ltd (March 2017)
accountant
RICHARD ALLEN & ASSOCIATES
auditor
-
address
three cross garage, 99 ringwood, three legged cross, wimborne, dorset, BH21 6RD
Bank
-
Legal Advisor
-
dorset sports cars 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 dorset sports cars ltd.
dorset sports cars ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
