herts cars radlett limited
herts cars radlett limited Company Information
Company Number
11231763
Next Accounts
Dec 2025
Directors
Shareholders
muhammad qureshi
ambreen anwar
Group Structure
View All
Industry
Taxi operation
Registered Address
station approach, radlett, WD7 7AP
Website
www.hertscars.netherts cars radlett limited Estimated Valuation
Pomanda estimates the enterprise value of HERTS CARS RADLETT LIMITED at £1m based on a Turnover of £833k and 1.25x industry multiple (adjusted for size and gross margin).
herts cars radlett limited Estimated Valuation
Pomanda estimates the enterprise value of HERTS CARS RADLETT LIMITED at £13.3k based on an EBITDA of £4.7k and a 2.85x industry multiple (adjusted for size and gross margin).
herts cars radlett limited Estimated Valuation
Pomanda estimates the enterprise value of HERTS CARS RADLETT LIMITED at £9k based on Net Assets of £3.7k and 2.44x industry multiple (adjusted for liquidity).
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Herts Cars Radlett Limited Overview
Herts Cars Radlett Limited is a live company located in radlett, WD7 7AP with a Companies House number of 11231763. It operates in the taxi operation sector, SIC Code 49320. Founded in March 2018, it's largest shareholder is muhammad qureshi with a 50% stake. Herts Cars Radlett Limited is a young, small sized company, Pomanda has estimated its turnover at £833k with high growth in recent years.
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Herts Cars Radlett Limited Health Check
Pomanda's financial health check has awarded Herts Cars Radlett Limited a 2 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £833k, make it larger than the average company (£289.6k)
- Herts Cars Radlett Limited
£289.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a similar rate (18.8%)
- Herts Cars Radlett Limited
18.8% - Industry AVG
Production
with a gross margin of 32.2%, this company has a higher cost of product (56.4%)
- Herts Cars Radlett Limited
56.4% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (10.3%)
- Herts Cars Radlett Limited
10.3% - Industry AVG
Employees
with 16 employees, this is above the industry average (4)
16 - Herts Cars Radlett Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.3k, the company has an equivalent pay structure (£30.3k)
- Herts Cars Radlett Limited
£30.3k - Industry AVG
Efficiency
resulting in sales per employee of £52.1k, this is less efficient (£78k)
- Herts Cars Radlett Limited
£78k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (32 days)
- Herts Cars Radlett Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (7 days)
- Herts Cars Radlett Limited
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Herts Cars Radlett Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Herts Cars Radlett Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.1%, this is a higher level of debt than the average (57.8%)
99.1% - Herts Cars Radlett Limited
57.8% - Industry AVG
HERTS CARS RADLETT LIMITED financials
Herts Cars Radlett Limited's latest turnover from March 2024 is estimated at £833 thousand and the company has net assets of £3.7 thousand. According to their latest financial statements, Herts Cars Radlett Limited has 16 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| 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 | 16 | 13 | 15 | 18 | 11 | 21 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 162,580 | 131,404 | 134,354 | 147,119 | 84,847 | 44,314 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 25,847 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 162,580 | 157,251 | 134,354 | 147,119 | 84,847 | 44,314 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 142,656 | 127,435 | 86,883 | 78,036 | 111,747 | 92,939 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 82,862 | 700 | 700 | 0 | 35,530 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 225,518 | 128,135 | 87,583 | 78,036 | 147,277 | 92,939 |
| total assets | 388,098 | 285,386 | 221,937 | 225,155 | 232,124 | 137,253 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 110,955 | 109,987 | 196,174 | 208,337 | 210,932 | 113,850 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 21,779 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 110,955 | 109,987 | 196,174 | 208,337 | 210,932 | 135,629 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 273,449 | 175,212 | 13 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 46,461 | 62,417 | 20,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 273,449 | 175,212 | 46,474 | 62,417 | 20,000 | 0 |
| total liabilities | 384,404 | 285,199 | 242,648 | 270,754 | 230,932 | 135,629 |
| net assets | 3,694 | 187 | -20,711 | -45,599 | 1,192 | 1,624 |
| total shareholders funds | 3,694 | 187 | -20,711 | -45,599 | 1,192 | 1,624 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 97,383 | 40,552 | 9,547 | -69,241 | 54,338 | 92,939 |
| Creditors | 968 | -86,187 | -12,163 | -2,595 | 97,082 | 113,850 |
| Accruals and Deferred Income | 98,237 | 175,199 | 13 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -25,847 | 25,847 | 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 | -21,779 | 21,779 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -46,461 | -15,956 | 42,417 | 20,000 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
herts cars radlett limited Credit Report and Business Information
Herts Cars Radlett Limited Competitor Analysis
Perform a competitor analysis for herts cars radlett limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in WD7 area or any other competitors across 12 key performance metrics.
herts cars radlett limited Ownership
HERTS CARS RADLETT LIMITED group structure
Herts Cars Radlett Limited has no subsidiary companies.
Ultimate parent company
HERTS CARS RADLETT LIMITED
11231763
herts cars radlett limited directors
Herts Cars Radlett Limited currently has 1 director, Mr Muhammad Qureshi serving since Mar 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Muhammad Qureshi | United Kingdom | 48 years | Mar 2018 | - | Director |
P&L
March 2024turnover
833k
+36%
operating profit
4.7k
0%
gross margin
32.2%
-1.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
3.7k
+18.75%
total assets
388.1k
+0.36%
cash
0
0%
net assets
Total assets minus all liabilities
herts cars radlett limited company details
company number
11231763
Type
Private limited with Share Capital
industry
49320 - Taxi operation
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
CBS ACCOUNTANTS LTD
auditor
-
address
station approach, radlett, WD7 7AP
Bank
-
Legal Advisor
-
herts cars radlett 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 herts cars radlett limited.
herts cars radlett 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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herts cars radlett limited Companies House Filings - See Documents
| date | description | view/download |
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