Pomanda estimates the enterprise value of VIKING MOTORS LTD at £1.1m based on a Turnover of £4m and 0.28x industry multiple (adjusted for size and gross margin).
viking motors ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of VIKING MOTORS LTD at £0 based on an EBITDA of £-67.7k and a 4.39x industry multiple (adjusted for size and gross margin).
viking motors ltdEstimated Valuation
£5.3k
Pomanda estimates the enterprise value of VIKING MOTORS LTD at £5.3k based on Net Assets of £2k and 2.73x industry multiple (adjusted for liquidity).
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Viking Motors LtdOverview
Viking Motors Ltd is a live company located in portsmouth, PO6 4TY with a Companies House number of 11118739. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in December 2017, it's largest shareholder is
victor lloyd coutin
with a 100% stake. Viking Motors Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£4m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Viking Motors Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
4 Regular
4 Weak
Size
annual sales of £4m, make it larger than the average company (£2.9m)
£4m - Viking Motors Ltd
£2.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Viking Motors Ltd
- - Industry AVG
Production
with a gross margin of 11.6%, this company has a comparable cost of product (11.6%)
11.6% - Viking Motors Ltd
11.6% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (2.9%)
-1.7% - Viking Motors Ltd
2.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Viking Motors Ltd
7 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
£32.1k - Viking Motors Ltd
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £2m, this is more efficient (£466.1k)
£2m - Viking Motors Ltd
£466.1k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is near the average (9 days)
9 days - Viking Motors Ltd
9 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (15 days)
43 days - Viking Motors Ltd
15 days - Industry AVG
Stock Days
it holds stock equivalent to 66 days, this is in line with average (66 days)
66 days - Viking Motors Ltd
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Viking Motors Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (70.1%)
99.8% - Viking Motors Ltd
70.1% - Industry AVG
VIKING MOTORS LTD financials
EXPORT
Viking Motors Ltd's latest turnover from March 2023 is estimated at £4 million and the company has net assets of £2 thousand. According to their latest financial statements, Viking Motors Ltd has 2 employees and maintains cash reserves of £9.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2023
Mar 2022
Mar 2021
Dec 2019
Dec 2018
Turnover
3,981,346
4,599,326
4,742,675
419,224
1,920,311
Other Income Or Grants
Cost Of Sales
3,519,531
4,069,242
4,232,589
373,636
1,705,998
Gross Profit
461,816
530,083
510,086
45,589
214,314
Admin Expenses
529,962
520,585
411,712
25,142
183,620
Operating Profit
-68,146
9,498
98,374
20,447
30,694
Interest Payable
12,930
5,328
2,703
Interest Receivable
1,325
823
83
596
248
Pre-Tax Profit
-79,751
4,993
95,754
21,043
30,942
Tax
-949
-18,193
-3,998
-5,879
Profit After Tax
-79,751
4,044
77,561
17,045
25,063
Dividends Paid
Retained Profit
-79,751
4,044
77,561
17,045
25,063
Employee Costs
64,275
123,999
85,263
30,578
59,106
Number Of Employees
2
4
3
1
2
EBITDA*
-67,713
10,076
98,730
20,625
30,799
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023
Mar 2022
Mar 2021
Dec 2019
Dec 2018
Tangible Assets
1,299
1,732
1,070
534
312
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,299
1,732
1,070
534
312
Stock & work in progress
642,886
1,009,220
264,802
47,540
31,860
Trade Debtors
103,590
205,963
400,235
20,198
143,700
Group Debtors
Misc Debtors
491,530
357,248
148,286
72,113
81,133
Cash
9,458
52,903
166,634
92,899
66,055
misc current assets
total current assets
1,247,464
1,625,334
979,957
232,750
322,748
total assets
1,248,763
1,627,066
981,027
233,284
323,060
Bank overdraft
Bank loan
161,479
25,328
88,617
Trade Creditors
419,252
139,930
313,371
12,627
49,193
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
644,530
1,336,169
501,378
178,449
248,704
total current liabilities
1,225,261
1,501,427
903,366
191,076
297,897
loans
21,548
43,934
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
21,548
43,934
total liabilities
1,246,809
1,545,361
903,366
191,076
297,897
net assets
1,954
81,705
77,661
42,208
25,163
total shareholders funds
1,954
81,705
77,661
42,208
25,163
Mar 2023
Mar 2022
Mar 2021
Dec 2019
Dec 2018
Operating Activities
Operating Profit
-68,146
9,498
98,374
20,447
30,694
Depreciation
433
578
356
178
105
Amortisation
Tax
-949
-18,193
-3,998
-5,879
Stock
-366,334
744,418
264,802
15,680
31,860
Debtors
31,909
14,690
548,521
-132,522
224,833
Creditors
279,322
-173,441
313,371
-36,566
49,193
Accruals and Deferred Income
-691,639
834,791
501,378
-70,255
248,704
Deferred Taxes & Provisions
Cash flow from operations
-145,605
-88,631
81,963
26,648
66,124
Investing Activities
capital expenditure
-1,240
-1,426
-400
-417
Change in Investments
cash flow from investments
-1,240
-1,426
-400
-417
Financing Activities
Bank loans
136,151
-63,289
88,617
Group/Directors Accounts
Other Short Term Loans
Long term loans
-22,386
43,934
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
100
interest
-11,605
-4,505
-2,620
596
248
cash flow from financing
102,160
-23,860
86,097
596
348
cash and cash equivalents
cash
-43,445
-113,731
166,634
26,844
66,055
overdraft
change in cash
-43,445
-113,731
166,634
26,844
66,055
viking motors ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for viking motors ltd. Get real-time insights into viking motors ltd's credit score, group structure and payment trends.
Perform a competitor analysis for viking motors ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in PO6 area or any other competitors across 12 key performance metrics.
viking motors ltd Ownership
VIKING MOTORS LTD group structure
Viking Motors Ltd has no subsidiary companies.
Ultimate parent company
VIKING MOTORS LTD
11118739
VIKING MOTORS LTD Shareholders
The sole shareholder of Viking Motors Ltd is Victor Lloyd Coutin.
victor lloyd coutin
100%
viking motors ltd directors
Viking Motors Ltd currently has 1 director, Mr Victor Coutin serving since Dec 2017.
45112 - Sale of used cars and light motor vehicles
incorporation date
December 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
MATTHEWS HANTON LIMITED
auditor
-
address
2nd floor lake house, 2 port way, port solent, portsmouth, hampshire, PO6 4TY
Bank
-
Legal Advisor
-
viking motors 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 viking motors ltd.
viking motors ltd 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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viking motors ltdCompanies House Filings - See Documents
