simply car parts limited
simply car parts limited Company Information
Company Number
10712221
Website
www.simplycarparts.co.ukRegistered Address
the old school house eaton, retford, DN22 0PS
Industry
Wholesale trade of motor vehicle parts and accessories
Retail trade of motor vehicle parts and accessories
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
paul rider 100%
simply car parts limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY CAR PARTS LIMITED at £197.1k based on a Turnover of £931.3k and 0.21x industry multiple (adjusted for size and gross margin).
simply car parts limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY CAR PARTS LIMITED at £36.8k based on an EBITDA of £14k and a 2.63x industry multiple (adjusted for size and gross margin).
simply car parts limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY CAR PARTS LIMITED at £62k based on Net Assets of £24.9k and 2.49x industry multiple (adjusted for liquidity).
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Simply Car Parts Limited Overview
Simply Car Parts Limited is a live company located in retford, DN22 0PS with a Companies House number of 10712221. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in April 2017, it's largest shareholder is paul rider with a 100% stake. Simply Car Parts Limited is a young, small sized company, Pomanda has estimated its turnover at £931.3k with declining growth in recent years.
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Simply Car Parts Limited Health Check
Pomanda's financial health check has awarded Simply Car Parts Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £931.3k, make it smaller than the average company (£9.9m)
- Simply Car Parts Limited
£9.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (6.6%)
- Simply Car Parts Limited
6.6% - Industry AVG
Production
with a gross margin of 16.8%, this company has a higher cost of product (30.7%)
- Simply Car Parts Limited
30.7% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (4.6%)
- Simply Car Parts Limited
4.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (45)
2 - Simply Car Parts Limited
45 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
- Simply Car Parts Limited
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £465.7k, this is more efficient (£211.5k)
- Simply Car Parts Limited
£211.5k - Industry AVG
Debtor Days
it gets paid by customers after 118 days, this is later than average (47 days)
- Simply Car Parts Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 108 days, this is slower than average (48 days)
- Simply Car Parts Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Simply Car Parts Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Simply Car Parts Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92%, this is a higher level of debt than the average (52.6%)
92% - Simply Car Parts Limited
52.6% - Industry AVG
simply car parts limited Credit Report and Business Information
Simply Car Parts Limited Competitor Analysis
Perform a competitor analysis for simply car parts limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
simply car parts limited Ownership
SIMPLY CAR PARTS LIMITED group structure
Simply Car Parts Limited has no subsidiary companies.
Ultimate parent company
SIMPLY CAR PARTS LIMITED
10712221
simply car parts limited directors
Simply Car Parts Limited currently has 2 directors. The longest serving directors include Mr Paul Rider (Apr 2017) and Mrs Gillian Rider (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Rider | United Kingdom | 63 years | Apr 2017 | - | Director |
| Mrs Gillian Rider | England | 69 years | Mar 2018 | - | Director |
SIMPLY CAR PARTS LIMITED financials
Simply Car Parts Limited's latest turnover from April 2023 is estimated at £931.3 thousand and the company has net assets of £24.9 thousand. According to their latest financial statements, Simply Car Parts Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 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 | 2 | 2 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 6,989 | 8,420 | 10,594 | 4,321 | 0 | 0 |
| 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 | 6,989 | 8,420 | 10,594 | 4,321 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 302,722 | 250,244 | 233,109 | 692,795 | 379,501 | 13,683 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 302,722 | 250,244 | 233,109 | 692,795 | 379,501 | 13,683 |
| total assets | 309,711 | 258,664 | 243,703 | 697,116 | 379,501 | 13,683 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 230,382 | 178,747 | 180,670 | 667,107 | 370,088 | 7,329 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 230,382 | 178,747 | 180,670 | 667,107 | 370,088 | 7,329 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,375 | 1,375 | 1,375 | 600 | 600 | 0 |
| other liabilities | 52,871 | 64,120 | 45,913 | 0 | 676 | 4,005 |
| provisions | 188 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 54,434 | 65,495 | 47,288 | 600 | 1,276 | 4,005 |
| total liabilities | 284,816 | 244,242 | 227,958 | 667,707 | 371,364 | 11,334 |
| net assets | 24,895 | 14,422 | 15,745 | 29,409 | 8,137 | 2,349 |
| total shareholders funds | 24,895 | 14,422 | 15,745 | 29,409 | 8,137 | 2,349 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | |||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 52,478 | 17,135 | -459,686 | 313,294 | 365,818 | 13,683 |
| Creditors | 51,635 | -1,923 | -486,437 | 297,019 | 362,759 | 7,329 |
| Accruals and Deferred Income | 0 | 0 | 775 | 0 | 600 | 0 |
| Deferred Taxes & Provisions | 188 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 |
| other long term liabilities | -11,249 | 18,207 | 45,913 | -676 | -3,329 | 4,005 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
P&L
April 2023turnover
931.3k
+24%
operating profit
14k
0%
gross margin
16.8%
-6.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
24.9k
+0.73%
total assets
309.7k
+0.2%
cash
0
0%
net assets
Total assets minus all liabilities
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simply car parts limited company details
company number
10712221
Type
Private limited with Share Capital
industry
45310 - Wholesale trade of motor vehicle parts and accessories
45320 - Retail trade of motor vehicle parts and accessories
incorporation date
April 2017
age
7
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
the old school house eaton, retford, DN22 0PS
last accounts submitted
April 2023
simply car parts 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 simply car parts limited.
simply car parts limited Companies House Filings - See Documents
| date | description | view/download |
|---|
