ron white trade cars limited

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ron white trade cars limited Company Information

Share RON WHITE TRADE CARS LIMITED

Company Number

10818219

Shareholders

danny hargreaves

benjamin hargreaves

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Group Structure

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Industry

Sale of used cars and light motor vehicles

 

Registered Address

first floor 68 uppermoor, pudsey, leeds, LS28 7EX

ron white trade cars limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of RON WHITE TRADE CARS LIMITED at £1.9m based on a Turnover of £6.7m and 0.28x industry multiple (adjusted for size and gross margin).

ron white trade cars limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RON WHITE TRADE CARS LIMITED at £0 based on an EBITDA of £-78.7k and a 3.64x industry multiple (adjusted for size and gross margin).

ron white trade cars limited Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of RON WHITE TRADE CARS LIMITED at £3.7m based on Net Assets of £1.2m and 2.98x industry multiple (adjusted for liquidity).

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Ron White Trade Cars Limited Overview

Ron White Trade Cars Limited is a live company located in leeds, LS28 7EX with a Companies House number of 10818219. 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 danny hargreaves with a 33.3% stake. Ron White Trade Cars Limited is a young, mid sized company, Pomanda has estimated its turnover at £6.7m with healthy growth in recent years.

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Ron White Trade Cars Limited Health Check

Pomanda's financial health check has awarded Ron White Trade Cars Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £6.7m, make it larger than the average company (£2.5m)

£6.7m - Ron White Trade Cars Limited

£2.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (8.1%)

14% - Ron White Trade Cars Limited

8.1% - Industry AVG

production

Production

with a gross margin of 7.2%, this company has a higher cost of product (11.2%)

7.2% - Ron White Trade Cars Limited

11.2% - Industry AVG

profitability

Profitability

an operating margin of -1.2% make it less profitable than the average company (2.8%)

-1.2% - Ron White Trade Cars Limited

2.8% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (8)

3 - Ron White Trade Cars Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)

£31.4k - Ron White Trade Cars Limited

£31.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.2m, this is more efficient (£458k)

£2.2m - Ron White Trade Cars Limited

£458k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 94 days, this is later than average (9 days)

94 days - Ron White Trade Cars Limited

9 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 36 days, this is slower than average (15 days)

36 days - Ron White Trade Cars Limited

15 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ron White Trade Cars Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ron White Trade Cars Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 33.4%, this is a lower level of debt than the average (69.9%)

33.4% - Ron White Trade Cars Limited

69.9% - Industry AVG

RON WHITE TRADE CARS LIMITED financials

EXPORTms excel logo

Ron White Trade Cars Limited's latest turnover from June 2023 is estimated at £6.7 million and the company has net assets of £1.2 million. According to their latest financial statements, Ron White Trade Cars Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018
Turnover6,747,1447,642,6844,443,4984,510,6583,317,3294,453,870
Other Income Or Grants
Cost Of Sales6,259,4027,082,0884,152,3424,196,1983,082,2214,126,610
Gross Profit487,742560,596291,155314,460235,108327,260
Admin Expenses566,439-225,850-138,261210,979211,27545,612
Operating Profit-78,697786,446429,416103,48123,833281,648
Interest Payable
Interest Receivable
Pre-Tax Profit-78,697786,446429,416103,48123,833281,648
Tax-149,425-81,589-19,661-4,528-53,513
Profit After Tax-78,697637,021347,82783,82019,305228,135
Dividends Paid
Retained Profit-78,697637,021347,82783,82019,305228,135
Employee Costs94,19093,56129,01928,90728,480172,413
Number Of Employees331116
EBITDA*-78,697786,446429,416103,48123,833281,648

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018
Tangible Assets107,871116,1382,520
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets107,871116,1382,520
Stock & work in progress
Trade Debtors1,751,2941,898,7981,195,006925,471694,936598,110
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets1,751,2941,898,7981,195,006925,471694,936598,110
total assets1,859,1652,014,9361,197,526925,471694,936598,110
Bank overdraft
Bank loan
Trade Creditors 621,754698,828518,439594,211447,496369,975
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities621,754698,828518,439594,211447,496369,975
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities621,754698,828518,439594,211447,496369,975
net assets1,237,4111,316,108679,087331,260247,440228,135
total shareholders funds1,237,4111,316,108679,087331,260247,440228,135
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018
Operating Activities
Operating Profit-78,697786,446429,416103,48123,833281,648
Depreciation
Amortisation
Tax-149,425-81,589-19,661-4,528-53,513
Stock
Debtors-147,504703,792269,535230,53596,826598,110
Creditors-77,074180,389-75,772146,71577,521369,975
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-8,267113,6182,520
Investing Activities
capital expenditure8,267-113,618-2,520
Change in Investments
cash flow from investments8,267-113,618-2,520
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

ron white trade cars limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Ron White Trade Cars Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ron white trade cars limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in LS28 area or any other competitors across 12 key performance metrics.

ron white trade cars limited Ownership

RON WHITE TRADE CARS LIMITED group structure

Ron White Trade Cars Limited has no subsidiary companies.

Ultimate parent company

RON WHITE TRADE CARS LIMITED

10818219

RON WHITE TRADE CARS LIMITED Shareholders

danny hargreaves 33.33%
benjamin hargreaves 33.33%
josh hargreaves 33.33%

ron white trade cars limited directors

Ron White Trade Cars Limited currently has 3 directors. The longest serving directors include Mr Benjamin Hargreaves (Jun 2017) and Mr Josh Hargreaves (Jun 2017).

officercountryagestartendrole
Mr Benjamin HargreavesEngland38 years Jun 2017- Director
Mr Josh HargreavesEngland30 years Jun 2017- Director
Mr Danny HargreavesEngland33 years Jun 2017- Director

P&L

June 2023

turnover

6.7m

-12%

operating profit

-78.7k

0%

gross margin

7.3%

-1.45%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2023

net assets

1.2m

-0.06%

total assets

1.9m

-0.08%

cash

0

0%

net assets

Total assets minus all liabilities

ron white trade cars limited company details

company number

10818219

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

June 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2023

previous names

N/A

accountant

PHIL DODGSON AND PARTNERS LIMITED

auditor

-

address

first floor 68 uppermoor, pudsey, leeds, LS28 7EX

Bank

-

Legal Advisor

-

ron white trade cars 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 ron white trade cars limited.

ron white trade cars 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.

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ron white trade cars limited Companies House Filings - See Documents

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