uk forecourts limited
uk forecourts limited Company Information
Company Number
11150670
Website
-Registered Address
519 basingstoke road, reading, RG2 0SH
Industry
Retail sale of automotive fuel in specialised stores
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
krishnathasan navaratnam 70%
praveen rolson dsouza 15%
View Alluk forecourts limited Estimated Valuation
Pomanda estimates the enterprise value of UK FORECOURTS LIMITED at £749.7k based on a Turnover of £2.7m and 0.28x industry multiple (adjusted for size and gross margin).
uk forecourts limited Estimated Valuation
Pomanda estimates the enterprise value of UK FORECOURTS LIMITED at £2.8m based on an EBITDA of £844.6k and a 3.29x industry multiple (adjusted for size and gross margin).
uk forecourts limited Estimated Valuation
Pomanda estimates the enterprise value of UK FORECOURTS LIMITED at £8.3m based on Net Assets of £2.9m and 2.83x industry multiple (adjusted for liquidity).
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Uk Forecourts Limited Overview
Uk Forecourts Limited is a live company located in reading, RG2 0SH with a Companies House number of 11150670. It operates in the retail sale of automotive fuel in specialised stores sector, SIC Code 47300. Founded in January 2018, it's largest shareholder is krishnathasan navaratnam with a 70% stake. Uk Forecourts Limited is a young, small sized company, Pomanda has estimated its turnover at £2.7m with declining growth in recent years.
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Uk Forecourts Limited Health Check
Pomanda's financial health check has awarded Uk Forecourts Limited a 5 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
5 Strong
3 Regular
4 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£21.8m)
- Uk Forecourts Limited
£21.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.8%)
- Uk Forecourts Limited
4.8% - Industry AVG
Production
with a gross margin of 11.5%, this company has a comparable cost of product (11.5%)
- Uk Forecourts Limited
11.5% - Industry AVG
Profitability
an operating margin of 27.8% make it more profitable than the average company (3.8%)
- Uk Forecourts Limited
3.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (52)
1 - Uk Forecourts Limited
52 - Industry AVG
Pay Structure
on an average salary of £16.8k, the company has an equivalent pay structure (£16.8k)
- Uk Forecourts Limited
£16.8k - Industry AVG
Efficiency
resulting in sales per employee of £2.7m, this is more efficient (£403.8k)
- Uk Forecourts Limited
£403.8k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is near the average (4 days)
- Uk Forecourts Limited
4 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (25 days)
- Uk Forecourts Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is more than average (8 days)
- Uk Forecourts Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 157 weeks, this is more cash available to meet short term requirements (18 weeks)
157 weeks - Uk Forecourts Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.5%, this is a lower level of debt than the average (58.5%)
45.5% - Uk Forecourts Limited
58.5% - Industry AVG
UK FORECOURTS LIMITED financials
Uk Forecourts Limited's latest turnover from December 2022 is estimated at £2.7 million and the company has net assets of £2.9 million. According to their latest financial statements, Uk Forecourts Limited has 1 employee and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 3,776,337 | 3,862,749 | 3,936,329 | 3,836,742 | 0 |
| Intangible Assets | 60,000 | 70,000 | 80,000 | 139,500 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 5,000 | 11,000 | 0 |
| Total Fixed Assets | 3,836,337 | 3,932,749 | 4,021,329 | 3,987,242 | 0 |
| Stock & work in progress | 105,934 | 111,809 | 85,289 | 188,807 | 0 |
| Trade Debtors | 38,993 | 19,268 | 13,183 | 44,112 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 67,353 | 15,000 | 15,000 | 19,622 | 0 |
| Cash | 1,318,174 | 745,856 | 373,247 | 146,313 | 100 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,530,454 | 891,933 | 486,719 | 398,854 | 100 |
| total assets | 5,366,791 | 4,824,682 | 4,508,048 | 4,386,096 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 235,433 | 88,677 | 94,802 | 181,315 | 0 |
| Group/Directors Accounts | 4,439 | 816 | 2,000,816 | 4,100,000 | 0 |
| other short term finances | 0 | 3,375 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 194,797 | 111,002 | 22,096 | 31,999 | 160 |
| total current liabilities | 434,669 | 203,870 | 2,117,714 | 4,313,314 | 160 |
| loans | 1,694,098 | 1,867,338 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 5,000 | 0 |
| provisions | 310,939 | 324,533 | 366,350 | 8,515 | 0 |
| total long term liabilities | 2,005,037 | 2,191,871 | 366,350 | 13,515 | 0 |
| total liabilities | 2,439,706 | 2,395,741 | 2,484,064 | 4,326,829 | 160 |
| net assets | 2,927,085 | 2,428,941 | 2,023,984 | 59,267 | -60 |
| total shareholders funds | 2,927,085 | 2,428,941 | 2,023,984 | 59,267 | -60 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 86,412 | 103,795 | 33,105 | 42,441 | 0 |
| Amortisation | 10,000 | 10,000 | 10,000 | 15,500 | 0 |
| Tax | |||||
| Stock | -5,875 | 26,520 | -103,518 | 188,807 | 0 |
| Debtors | 72,078 | 1,085 | -41,551 | 74,734 | 0 |
| Creditors | 146,756 | -6,125 | -86,513 | 181,315 | 0 |
| Accruals and Deferred Income | 83,795 | 88,906 | -9,903 | 31,839 | 160 |
| Deferred Taxes & Provisions | -13,594 | -41,817 | 357,835 | 8,515 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,623 | -2,000,000 | -2,099,184 | 4,100,000 | 0 |
| Other Short Term Loans | -3,375 | 3,375 | 0 | 0 | 0 |
| Long term loans | -173,240 | 1,867,338 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -5,000 | 5,000 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 572,318 | 372,609 | 226,934 | 146,213 | 100 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 572,318 | 372,609 | 226,934 | 146,213 | 100 |
uk forecourts limited Credit Report and Business Information
Uk Forecourts Limited Competitor Analysis
Perform a competitor analysis for uk forecourts limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
uk forecourts limited Ownership
UK FORECOURTS LIMITED group structure
Uk Forecourts Limited has no subsidiary companies.
Ultimate parent company
UK FORECOURTS LIMITED
11150670
uk forecourts limited directors
Uk Forecourts Limited currently has 2 directors. The longest serving directors include Mr Krishnathasan Navaratnam (Jan 2018) and Mr Praveen Dsouza (Nov 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Krishnathasan Navaratnam | 57 years | Jan 2018 | - | Director | |
| Mr Praveen Dsouza | England | 43 years | Nov 2022 | - | Director |
P&L
December 2022turnover
2.7m
+60%
operating profit
748.2k
0%
gross margin
11.5%
-12.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.9m
+0.21%
total assets
5.4m
+0.11%
cash
1.3m
+0.77%
net assets
Total assets minus all liabilities
Similar Companies
uk forecourts limited company details
company number
11150670
Type
Private limited with Share Capital
industry
47300 - Retail sale of automotive fuel in specialised stores
incorporation date
January 2018
age
6
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
519 basingstoke road, reading, RG2 0SH
last accounts submitted
December 2022
uk forecourts 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 found 4 charges/mortgages relating to uk forecourts limited. Currently there are 4 open charges and 0 have been satisfied in the past.
uk forecourts limited Companies House Filings - See Documents
| date | description | view/download |
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