chinar motors uk limited

1.5

chinar motors uk limited Company Information

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Company Number

11282572

Website

-

Registered Address

255 stradbroke grove, ilford, IG5 0DH

Industry

Renting and leasing of cars and light motor vehicles

 

Telephone

-

Next Accounts Due

December 2025

Group Structure

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Directors

Ateya Mustafa6 Years

Shareholders

ateya mustafa 100%

chinar motors uk limited Estimated Valuation

£68.2k

Pomanda estimates the enterprise value of CHINAR MOTORS UK LIMITED at £68.2k based on a Turnover of £123k and 0.55x industry multiple (adjusted for size and gross margin).

chinar motors uk limited Estimated Valuation

£10.1k

Pomanda estimates the enterprise value of CHINAR MOTORS UK LIMITED at £10.1k based on an EBITDA of £6k and a 1.7x industry multiple (adjusted for size and gross margin).

chinar motors uk limited Estimated Valuation

£36.4k

Pomanda estimates the enterprise value of CHINAR MOTORS UK LIMITED at £36.4k based on Net Assets of £16.1k and 2.26x industry multiple (adjusted for liquidity).

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Chinar Motors Uk Limited Overview

Chinar Motors Uk Limited is a live company located in ilford, IG5 0DH with a Companies House number of 11282572. It operates in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in March 2018, it's largest shareholder is ateya mustafa with a 100% stake. Chinar Motors Uk Limited is a young, micro sized company, Pomanda has estimated its turnover at £123k with healthy growth in recent years.

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Chinar Motors Uk Limited Health Check

Pomanda's financial health check has awarded Chinar Motors Uk Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £123k, make it smaller than the average company (£13.3m)

£123k - Chinar Motors Uk Limited

£13.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a similar rate (12.9%)

12% - Chinar Motors Uk Limited

12.9% - Industry AVG

production

Production

with a gross margin of 19%, this company has a higher cost of product (32.4%)

19% - Chinar Motors Uk Limited

32.4% - Industry AVG

profitability

Profitability

an operating margin of 4.9% make it less profitable than the average company (15.2%)

4.9% - Chinar Motors Uk Limited

15.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (34)

2 - Chinar Motors Uk Limited

34 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)

£42.8k - Chinar Motors Uk Limited

£42.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £61.5k, this is less efficient (£305.5k)

£61.5k - Chinar Motors Uk Limited

£305.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 49 days, this is later than average (33 days)

49 days - Chinar Motors Uk Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (32 days)

4 days - Chinar Motors Uk Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Chinar Motors Uk Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Chinar Motors Uk Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 30.4%, this is a lower level of debt than the average (78.6%)

30.4% - Chinar Motors Uk Limited

78.6% - Industry AVG

CHINAR MOTORS UK LIMITED financials

EXPORTms excel logo

Chinar Motors Uk Limited's latest turnover from March 2024 is estimated at £123 thousand and the company has net assets of £16.1 thousand. According to their latest financial statements, Chinar Motors Uk Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover123,001111,15698,47888,12136,1798,174
Other Income Or Grants000000
Cost Of Sales99,63990,39082,03077,39130,6476,753
Gross Profit23,36220,76616,44810,7305,5321,421
Admin Expenses17,40117,94110,9738,3072,0571,241
Operating Profit5,9612,8255,4752,4233,475180
Interest Payable000000
Interest Receivable000000
Pre-Tax Profit5,9612,8255,4752,4233,475180
Tax-1,490-537-1,040-460-660-34
Profit After Tax4,4712,2884,4351,9632,815146
Dividends Paid000000
Retained Profit4,4712,2884,4351,9632,815146
Employee Costs85,63281,16635,20333,53733,51933,858
Number Of Employees221111
EBITDA*5,9612,8255,4752,4233,475180

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets6,3997,6629,46211,53914,07314,862
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets6,3997,6629,46211,53914,07314,862
Stock & work in progress000000
Trade Debtors16,77222,97144,99746,3462,0840
Group Debtors000000
Misc Debtors000000
Cash000000
misc current assets000000
total current assets16,77222,97144,99746,3462,0840
total assets23,17130,63354,45957,88516,15714,862
Bank overdraft000000
Bank loan000000
Trade Creditors 1,2451962104616962,216
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities1,2451962104616962,216
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities5,80818,79044,89052,50012,50012,500
provisions000000
total long term liabilities5,80818,79044,89052,50012,50012,500
total liabilities7,05318,98645,10052,96113,19614,716
net assets16,11811,6479,3594,9242,961146
total shareholders funds16,11811,6479,3594,9242,961146
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit5,9612,8255,4752,4233,475180
Depreciation000000
Amortisation000000
Tax-1,490-537-1,040-460-660-34
Stock000000
Debtors-6,199-22,026-1,34944,2622,0840
Creditors1,049-14-251-235-1,5202,216
Accruals and Deferred Income000000
Deferred Taxes & Provisions000000
Cash flow from operations11,71924,3005,533-42,534-7892,362
Investing Activities
capital expenditure1,2631,8002,0772,534789-14,862
Change in Investments000000
cash flow from investments1,2631,8002,0772,534789-14,862
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities-12,982-26,100-7,61040,000012,500
share issue000000
interest000000
cash flow from financing-12,982-26,100-7,61040,000012,500
cash and cash equivalents
cash000000
overdraft000000
change in cash000000

chinar motors uk 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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Chinar Motors Uk Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for chinar motors uk limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in IG5 area or any other competitors across 12 key performance metrics.

chinar motors uk limited Ownership

CHINAR MOTORS UK LIMITED group structure

Chinar Motors Uk Limited has no subsidiary companies.

Ultimate parent company

CHINAR MOTORS UK LIMITED

11282572

CHINAR MOTORS UK LIMITED Shareholders

ateya mustafa 100%

chinar motors uk limited directors

Chinar Motors Uk Limited currently has 1 director, Mrs Ateya Mustafa serving since Mar 2018.

officercountryagestartendrole
Mrs Ateya MustafaEngland31 years Mar 2018- Director

P&L

March 2024

turnover

123k

+11%

operating profit

6k

0%

gross margin

19%

+1.67%

turnover

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

Balance Sheet

March 2024

net assets

16.1k

+0.38%

total assets

23.2k

-0.24%

cash

0

0%

net assets

Total assets minus all liabilities

chinar motors uk limited company details

company number

11282572

Type

Private limited with Share Capital

industry

77110 - Renting and leasing of cars and light motor vehicles

incorporation date

March 2018

age

6

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2024

address

255 stradbroke grove, ilford, IG5 0DH

accountant

-

auditor

-

chinar motors uk 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 chinar motors uk limited.

charges

chinar motors uk limited Companies House Filings - See Documents

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