east lancs commercials limited

Dissolved 

east lancs commercials limited Company Information

Share EAST LANCS COMMERCIALS LIMITED

Company Number

10932418

Directors

Ann Marnick

Alan Lythgoe

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Shareholders

ann marnick

john winnard

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Group Structure

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Industry

Maintenance and repair of motor vehicles

 

Registered Address

the copper room deva centre, trinity way, manchester, M3 7BG

Website

-

east lancs commercials limited Estimated Valuation

£141.1k

Pomanda estimates the enterprise value of EAST LANCS COMMERCIALS LIMITED at £141.1k based on a Turnover of £652.7k and 0.22x industry multiple (adjusted for size and gross margin).

east lancs commercials limited Estimated Valuation

£462

Pomanda estimates the enterprise value of EAST LANCS COMMERCIALS LIMITED at £462 based on an EBITDA of £143 and a 3.23x industry multiple (adjusted for size and gross margin).

east lancs commercials limited Estimated Valuation

£328

Pomanda estimates the enterprise value of EAST LANCS COMMERCIALS LIMITED at £328 based on Net Assets of £116 and 2.84x industry multiple (adjusted for liquidity).

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East Lancs Commercials Limited Overview

East Lancs Commercials Limited is a dissolved company that was located in manchester, M3 7BG with a Companies House number of 10932418. It operated in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in August 2017, it's largest shareholder was ann marnick with a 20% stake. The last turnover for East Lancs Commercials Limited was estimated at £652.7k.

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East Lancs Commercials Limited Health Check

Pomanda's financial health check has awarded East Lancs Commercials Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £652.7k, make it larger than the average company (£322.3k)

£652.7k - East Lancs Commercials Limited

£322.3k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - East Lancs Commercials Limited

- - Industry AVG

production

Production

with a gross margin of 25.7%, this company has a higher cost of product (38.2%)

25.7% - East Lancs Commercials Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (5.1%)

0% - East Lancs Commercials Limited

5.1% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (14)

5 - East Lancs Commercials Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.5k, the company has an equivalent pay structure (£28.5k)

£28.5k - East Lancs Commercials Limited

£28.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £130.5k, this is more efficient (£87.3k)

£130.5k - East Lancs Commercials Limited

£87.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 75 days, this is later than average (36 days)

75 days - East Lancs Commercials Limited

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 117 days, this is slower than average (44 days)

117 days - East Lancs Commercials Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - East Lancs Commercials Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - East Lancs Commercials Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (77.3%)

99.9% - East Lancs Commercials Limited

77.3% - Industry AVG

EAST LANCS COMMERCIALS LIMITED financials

EXPORTms excel logo

East Lancs Commercials Limited's latest turnover from August 2018 is estimated at £652.7 thousand and the company has net assets of £116. According to their latest financial statements, we estimate that East Lancs Commercials Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2018
Turnover652,689
Other Income Or Grants
Cost Of Sales484,819
Gross Profit167,870
Admin Expenses167,727
Operating Profit143
Interest Payable
Interest Receivable
Pre-Tax Profit143
Tax-27
Profit After Tax116
Dividends Paid
Retained Profit116
Employee Costs142,336
Number Of Employees5
EBITDA*143

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2018
Tangible Assets21,709
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets21,709
Stock & work in progress
Trade Debtors134,715
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets134,715
total assets156,424
Bank overdraft
Bank loan
Trade Creditors 156,308
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities156,308
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities156,308
net assets116
total shareholders funds116
Aug 2018
Operating Activities
Operating Profit143
Depreciation
Amortisation
Tax-27
Stock
Debtors134,715
Creditors156,308
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations21,709
Investing Activities
capital expenditure-21,709
Change in Investments
cash flow from investments-21,709
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

east lancs commercials 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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East Lancs Commercials Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for east lancs commercials limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in M 3 area or any other competitors across 12 key performance metrics.

east lancs commercials limited Ownership

EAST LANCS COMMERCIALS LIMITED group structure

East Lancs Commercials Limited has no subsidiary companies.

Ultimate parent company

EAST LANCS COMMERCIALS LIMITED

10932418

EAST LANCS COMMERCIALS LIMITED Shareholders

ann marnick 20%
john winnard 20%
dominic henderson 20%
alan lythgoe 20%
ian lundy 20%

east lancs commercials limited directors

East Lancs Commercials Limited currently has 4 directors. The longest serving directors include Mrs Ann Marnick (Sep 2017) and Mr Alan Lythgoe (Sep 2017).

officercountryagestartendrole
Mrs Ann Marnick55 years Sep 2017- Director
Mr Alan Lythgoe58 years Sep 2017- Director
Mr Dominic Henderson33 years Sep 2017- Director
Mr John Winnard36 years Sep 2017- Director

P&L

August 2018

turnover

652.7k

0%

operating profit

143.2

0%

gross margin

25.8%

0%

turnover

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

Balance Sheet

August 2018

net assets

116

0%

total assets

156.4k

0%

cash

0

0%

net assets

Total assets minus all liabilities

east lancs commercials limited company details

company number

10932418

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

August 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2018

previous names

N/A

accountant

-

auditor

-

address

the copper room deva centre, trinity way, manchester, M3 7BG

Bank

-

Legal Advisor

-

east lancs commercials 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 east lancs commercials limited.

east lancs commercials 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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east lancs commercials limited Companies House Filings - See Documents

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