mgi motorbroker.co.uk ltd
mgi motorbroker.co.uk ltd Company Information
Company Number
10797395
Next Accounts
Mar 2025
Industry
Sale of used cars and light motor vehicles
Directors
Shareholders
adrian blight
sarah blight
Group Structure
View All
Contact
Registered Address
27 bridge street, usk, NP15 1BQ
Website
-mgi motorbroker.co.uk ltd Estimated Valuation
Pomanda estimates the enterprise value of MGI MOTORBROKER.CO.UK LTD at £94.8k based on a Turnover of £439.6k and 0.22x industry multiple (adjusted for size and gross margin).
mgi motorbroker.co.uk ltd Estimated Valuation
Pomanda estimates the enterprise value of MGI MOTORBROKER.CO.UK LTD at £9k based on an EBITDA of £2.6k and a 3.47x industry multiple (adjusted for size and gross margin).
mgi motorbroker.co.uk ltd Estimated Valuation
Pomanda estimates the enterprise value of MGI MOTORBROKER.CO.UK LTD at £0 based on Net Assets of £-16.8k and 3.22x industry multiple (adjusted for liquidity).
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Mgi Motorbroker.co.uk Ltd Overview
Mgi Motorbroker.co.uk Ltd is a live company located in usk, NP15 1BQ with a Companies House number of 10797395. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in June 2017, it's largest shareholder is adrian blight with a 51% stake. Mgi Motorbroker.co.uk Ltd is a young, micro sized company, Pomanda has estimated its turnover at £439.6k with unknown growth in recent years.
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Mgi Motorbroker.co.uk Ltd Health Check
Pomanda's financial health check has awarded Mgi Motorbroker.Co.Uk Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £439.6k, make it smaller than the average company (£2.4m)
- Mgi Motorbroker.co.uk Ltd
£2.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mgi Motorbroker.co.uk Ltd
- - Industry AVG
Production
with a gross margin of 11.2%, this company has a comparable cost of product (11.2%)
- Mgi Motorbroker.co.uk Ltd
11.2% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (2.8%)
- Mgi Motorbroker.co.uk Ltd
2.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (8)
- Mgi Motorbroker.co.uk Ltd
8 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- Mgi Motorbroker.co.uk Ltd
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £219.8k, this is less efficient (£435.6k)
- Mgi Motorbroker.co.uk Ltd
£435.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mgi Motorbroker.co.uk Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mgi Motorbroker.co.uk Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 83 days, this is more than average (66 days)
- Mgi Motorbroker.co.uk Ltd
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (9 weeks)
1 weeks - Mgi Motorbroker.co.uk Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 117.5%, this is a higher level of debt than the average (69.2%)
117.5% - Mgi Motorbroker.co.uk Ltd
69.2% - Industry AVG
MGI MOTORBROKER.CO.UK LTD financials
Mgi Motorbroker.Co.Uk Ltd's latest turnover from June 2023 is estimated at £439.6 thousand and the company has net assets of -£16.8 thousand. According to their latest financial statements, we estimate that Mgi Motorbroker.Co.Uk Ltd has 2 employees and maintains cash reserves of £2.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 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
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 89,500 | 107,757 | 0 | 0 | 0 | 132,770 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,000 | 0 | 21,657 | 0 | 0 | 99,432 |
| Cash | 2,507 | 12,158 | 194 | 50,000 | 0 | 1,420 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 96,007 | 119,915 | 21,851 | 50,000 | 0 | 233,622 |
| total assets | 96,007 | 119,915 | 21,851 | 50,000 | 0 | 233,622 |
| Bank overdraft | 7,000 | 7,000 | 7,000 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 583 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 77,797 | 100,819 | 1,694 | 21,694 | 6,394 | 233,511 |
| total current liabilities | 84,797 | 107,819 | 8,694 | 22,277 | 6,394 | 233,511 |
| loans | 28,000 | 28,000 | 28,000 | 34,417 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 28,000 | 28,000 | 28,000 | 34,417 | 0 | 0 |
| total liabilities | 112,797 | 135,819 | 36,694 | 56,694 | 6,394 | 233,511 |
| net assets | -16,790 | -15,904 | -14,843 | -6,694 | -6,394 | 111 |
| total shareholders funds | -16,790 | -15,904 | -14,843 | -6,694 | -6,394 | 111 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | -18,257 | 107,757 | 0 | 0 | -132,770 | 132,770 |
| Debtors | 4,000 | -21,657 | 21,657 | 0 | -99,432 | 99,432 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -23,022 | 99,125 | -20,000 | 15,300 | -227,117 | 233,511 |
| Deferred Taxes & Provisions | 0 | 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 | -583 | 583 | 0 | 0 |
| Long term loans | 0 | 0 | -6,417 | 34,417 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -9,651 | 11,964 | -49,806 | 50,000 | -1,420 | 1,420 |
| overdraft | 0 | 0 | 7,000 | 0 | 0 | 0 |
| change in cash | -9,651 | 11,964 | -56,806 | 50,000 | -1,420 | 1,420 |
mgi motorbroker.co.uk ltd Credit Report and Business Information
Mgi Motorbroker.co.uk Ltd Competitor Analysis
Perform a competitor analysis for mgi motorbroker.co.uk 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 NP15 area or any other competitors across 12 key performance metrics.
mgi motorbroker.co.uk ltd Ownership
MGI MOTORBROKER.CO.UK LTD group structure
Mgi Motorbroker.Co.Uk Ltd has no subsidiary companies.
Ultimate parent company
MGI MOTORBROKER.CO.UK LTD
10797395
mgi motorbroker.co.uk ltd directors
Mgi Motorbroker.Co.Uk Ltd currently has 1 director, Mr Adrian Blight serving since Jun 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Blight | Wales | 53 years | Jun 2017 | - | Director |
P&L
June 2023turnover
439.6k
-19%
operating profit
2.6k
0%
gross margin
11.2%
-2.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-16.8k
+0.06%
total assets
96k
-0.2%
cash
2.5k
-0.79%
net assets
Total assets minus all liabilities
mgi motorbroker.co.uk ltd company details
company number
10797395
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
June 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
mgi automotive ltd (May 2024)
motorbroker.co.uk limited (August 2022)
accountant
FRANCIS & CO
auditor
-
address
27 bridge street, usk, NP15 1BQ
Bank
-
Legal Advisor
-
mgi motorbroker.co.uk 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 mgi motorbroker.co.uk ltd.
mgi motorbroker.co.uk ltd Companies House Filings - See Documents
| date | description | view/download |
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