vehicle repowering solutions limited
vehicle repowering solutions limited Company Information
Company Number
10658152
Next Accounts
103 days late
Directors
Shareholders
noel lock
andrew sanders
Group Structure
View All
Industry
Maintenance and repair of motor vehicles
Registered Address
100 st. james road, northampton, northamptonshire, NN5 5LF
Website
gascab.co.ukvehicle repowering solutions limited Estimated Valuation
Pomanda estimates the enterprise value of VEHICLE REPOWERING SOLUTIONS LIMITED at £518.8k based on a Turnover of £2.4m and 0.22x industry multiple (adjusted for size and gross margin).
vehicle repowering solutions limited Estimated Valuation
Pomanda estimates the enterprise value of VEHICLE REPOWERING SOLUTIONS LIMITED at £0 based on an EBITDA of £-542.8k and a 3.23x industry multiple (adjusted for size and gross margin).
vehicle repowering solutions limited Estimated Valuation
Pomanda estimates the enterprise value of VEHICLE REPOWERING SOLUTIONS LIMITED at £0 based on Net Assets of £-1.8m and 2.84x industry multiple (adjusted for liquidity).
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Vehicle Repowering Solutions Limited Overview
Vehicle Repowering Solutions Limited is a live company located in northamptonshire, NN5 5LF with a Companies House number of 10658152. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in March 2017, it's largest shareholder is noel lock with a 99.9% stake. Vehicle Repowering Solutions Limited is a young, small sized company, Pomanda has estimated its turnover at £2.4m with declining growth in recent years.
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Vehicle Repowering Solutions Limited Health Check
Pomanda's financial health check has awarded Vehicle Repowering Solutions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £2.4m, make it larger than the average company (£466.6k)
- Vehicle Repowering Solutions Limited
£466.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (5.7%)
- Vehicle Repowering Solutions Limited
5.7% - Industry AVG
Production
with a gross margin of 22.2%, this company has a higher cost of product (34.9%)
- Vehicle Repowering Solutions Limited
34.9% - Industry AVG
Profitability
an operating margin of -23.8% make it less profitable than the average company (5.5%)
- Vehicle Repowering Solutions Limited
5.5% - Industry AVG
Employees
with 8 employees, this is similar to the industry average (7)
8 - Vehicle Repowering Solutions Limited
7 - Industry AVG
Pay Structure
on an average salary of £27.1k, the company has an equivalent pay structure (£27.1k)
- Vehicle Repowering Solutions Limited
£27.1k - Industry AVG
Efficiency
resulting in sales per employee of £299.6k, this is more efficient (£97.4k)
- Vehicle Repowering Solutions Limited
£97.4k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (39 days)
- Vehicle Repowering Solutions Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 434 days, this is slower than average (44 days)
- Vehicle Repowering Solutions Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 98 days, this is more than average (25 days)
- Vehicle Repowering Solutions Limited
25 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Vehicle Repowering Solutions Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 375.7%, this is a higher level of debt than the average (66%)
375.7% - Vehicle Repowering Solutions Limited
66% - Industry AVG
VEHICLE REPOWERING SOLUTIONS LIMITED financials
Vehicle Repowering Solutions Limited's latest turnover from March 2023 is estimated at £2.4 million and the company has net assets of -£1.8 million. According to their latest financial statements, Vehicle Repowering Solutions Limited has 8 employees and maintains cash reserves of £46.8 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 | 8 | 12 | 12 | 13 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 29,512 | 56,528 | 88,364 | 48,198 | 30,123 | 46,212 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 29,512 | 56,528 | 88,364 | 48,198 | 30,123 | 46,212 |
| Stock & work in progress | 500,932 | 694,703 | 369,083 | 176,816 | 326,054 | 6,189 |
| Trade Debtors | 64,263 | 134,012 | 173,341 | 1,115,303 | 86,024 | 85,105 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 46,832 | 18,299 | 94,849 | 45,350 | 11,524 | 14,270 |
| misc current assets | ||||||
| total current assets | 612,027 | 847,014 | 637,273 | 1,337,469 | 423,602 | 105,564 |
| total assets | 641,539 | 903,542 | 725,637 | 1,385,667 | 453,725 | 151,776 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 2,218,816 | 1,983,789 | 1,392,978 | 1,963,001 | 743,819 | 285,309 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 2,218,816 | 1,983,789 | 1,392,978 | 1,963,001 | 743,819 | 285,309 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 191,450 | 120,000 | 160,000 | |||
| provisions | ||||||
| total long term liabilities | 191,450 | 120,000 | 160,000 | |||
| total liabilities | 2,410,266 | 2,103,789 | 1,552,978 | 1,963,001 | 743,819 | 285,309 |
| net assets | -1,768,727 | -1,200,247 | -827,341 | -577,334 | -290,094 | -133,533 |
| total shareholders funds | -1,768,727 | -1,200,247 | -827,341 | -577,334 | -290,094 | -133,533 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 27,016 | 28,836 | 29,138 | 15,277 | 6,849 | 9,340 |
| Amortisation | ||||||
| Tax | ||||||
| Stock | -193,771 | 325,620 | 192,267 | -149,238 | 319,865 | 6,189 |
| Debtors | -69,749 | -39,329 | -941,962 | 1,029,279 | 919 | 85,105 |
| Creditors | 235,027 | 590,811 | -570,023 | 1,219,182 | 458,510 | 285,309 |
| Accruals and Deferred Income | ||||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| 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 | 71,450 | -40,000 | 160,000 | |||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 28,533 | -76,550 | 49,499 | 33,826 | -2,746 | 14,270 |
| overdraft | ||||||
| change in cash | 28,533 | -76,550 | 49,499 | 33,826 | -2,746 | 14,270 |
vehicle repowering solutions limited Credit Report and Business Information
Vehicle Repowering Solutions Limited Competitor Analysis
Perform a competitor analysis for vehicle repowering solutions limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NN5 area or any other competitors across 12 key performance metrics.
vehicle repowering solutions limited Ownership
VEHICLE REPOWERING SOLUTIONS LIMITED group structure
Vehicle Repowering Solutions Limited has no subsidiary companies.
Ultimate parent company
VEHICLE REPOWERING SOLUTIONS LIMITED
10658152
vehicle repowering solutions limited directors
Vehicle Repowering Solutions Limited currently has 1 director, Mr Noel Lock serving since Jun 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Noel Lock | 56 years | Jun 2018 | - | Director |
P&L
March 2023turnover
2.4m
-8%
operating profit
-569.9k
0%
gross margin
22.2%
+11.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-1.8m
+0.47%
total assets
641.5k
-0.29%
cash
46.8k
+1.56%
net assets
Total assets minus all liabilities
vehicle repowering solutions limited company details
company number
10658152
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
N/A
accountant
THE LEDGER HOUSE ACCOUNTANCY LTD
auditor
-
address
100 st. james road, northampton, northamptonshire, NN5 5LF
Bank
-
Legal Advisor
-
vehicle repowering solutions 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 found 2 charges/mortgages relating to vehicle repowering solutions limited. Currently there are 2 open charges and 0 have been satisfied in the past.
vehicle repowering solutions limited 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 VEHICLE REPOWERING SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
vehicle repowering solutions limited Companies House Filings - See Documents
| date | description | view/download |
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