ab car sales (south west) ltd
ab car sales (south west) ltd Company Information
Company Number
11338385
Next Accounts
Dec 2025
Industry
Sale of used cars and light motor vehicles
Directors
Shareholders
alexander william burd
Group Structure
View All
Contact
Registered Address
33 mary seacole road, the millfields, plymouth, PL1 3JY
Website
www.abcar-sales.co.ukab car sales (south west) ltd Estimated Valuation
Pomanda estimates the enterprise value of AB CAR SALES (SOUTH WEST) LTD at £768.8k based on a Turnover of £3.3m and 0.23x industry multiple (adjusted for size and gross margin).
ab car sales (south west) ltd Estimated Valuation
Pomanda estimates the enterprise value of AB CAR SALES (SOUTH WEST) LTD at £1.3m based on an EBITDA of £353.5k and a 3.77x industry multiple (adjusted for size and gross margin).
ab car sales (south west) ltd Estimated Valuation
Pomanda estimates the enterprise value of AB CAR SALES (SOUTH WEST) LTD at £2.8m based on Net Assets of £868.7k and 3.22x industry multiple (adjusted for liquidity).
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Ab Car Sales (south West) Ltd Overview
Ab Car Sales (south West) Ltd is a live company located in plymouth, PL1 3JY with a Companies House number of 11338385. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in May 2018, it's largest shareholder is alexander william burd with a 100% stake. Ab Car Sales (south West) Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.3m with high growth in recent years.
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Ab Car Sales (south West) Ltd Health Check
Pomanda's financial health check has awarded Ab Car Sales (South West) Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £3.3m, make it larger than the average company (£1.8m)
- Ab Car Sales (south West) Ltd
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (12.2%)
- Ab Car Sales (south West) Ltd
12.2% - Industry AVG
Production
with a gross margin of 11.5%, this company has a comparable cost of product (11.5%)
- Ab Car Sales (south West) Ltd
11.5% - Industry AVG
Profitability
an operating margin of 10.5% make it more profitable than the average company (2.8%)
- Ab Car Sales (south West) Ltd
2.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Ab Car Sales (south West) Ltd
6 - Industry AVG
Pay Structure
on an average salary of £32.8k, the company has an equivalent pay structure (£32.8k)
- Ab Car Sales (south West) Ltd
£32.8k - Industry AVG
Efficiency
resulting in sales per employee of £3.3m, this is more efficient (£393.7k)
- Ab Car Sales (south West) Ltd
£393.7k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (8 days)
- Ab Car Sales (south West) Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (14 days)
- Ab Car Sales (south West) Ltd
14 days - Industry AVG
Stock Days
it holds stock equivalent to 189 days, this is more than average (64 days)
- Ab Car Sales (south West) Ltd
64 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (10 weeks)
2 weeks - Ab Car Sales (south West) Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.9%, this is a lower level of debt than the average (66.6%)
45.9% - Ab Car Sales (south West) Ltd
66.6% - Industry AVG
AB CAR SALES (SOUTH WEST) LTD financials
Ab Car Sales (South West) Ltd's latest turnover from March 2024 is estimated at £3.3 million and the company has net assets of £868.7 thousand. According to their latest financial statements, Ab Car Sales (South West) Ltd has 1 employee and maintains cash reserves of £34.7 thousand 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 | 1 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 34,030 | 12,953 | 2,536 | 2,984 | 3,510 | 4,129 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 34,030 | 12,953 | 2,536 | 2,984 | 3,510 | 4,129 |
| Stock & work in progress | 1,506,329 | 897,961 | 887,245 | 563,394 | 259,982 | 0 |
| Trade Debtors | 31,066 | 4,693 | 3,568 | 13,985 | 0 | 262,673 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 34,733 | 388,104 | 18,168 | 45,382 | 17,995 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,572,128 | 1,290,758 | 908,981 | 622,761 | 277,977 | 262,673 |
| total assets | 1,606,158 | 1,303,711 | 911,517 | 625,745 | 281,487 | 266,802 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 47,193 | 33,487 | 8,914 | 117,594 | 1,804 | 35,602 |
| Group/Directors Accounts | 454,596 | 458,628 | 426,742 | 233,231 | 0 | 119,698 |
| other short term finances | 4,200 | 4,200 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 113,130 | 80,968 | 78,203 | 42,940 | 207,309 | 0 |
| total current liabilities | 619,119 | 577,283 | 513,859 | 393,765 | 209,113 | 155,300 |
| loans | 109,803 | 111,467 | 45,031 | 50,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 8,507 | 2,461 | 482 | 0 | 0 | 0 |
| total long term liabilities | 118,310 | 113,928 | 45,513 | 50,000 | 0 | 0 |
| total liabilities | 737,429 | 691,211 | 559,372 | 443,765 | 209,113 | 155,300 |
| net assets | 868,729 | 612,500 | 352,145 | 181,980 | 72,374 | 111,502 |
| total shareholders funds | 868,729 | 612,500 | 352,145 | 181,980 | 72,374 | 111,502 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 9,995 | 2,733 | 448 | 526 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 608,368 | 10,716 | 323,851 | 303,412 | 259,982 | 0 |
| Debtors | 26,373 | 1,125 | -10,417 | 13,985 | -262,673 | 262,673 |
| Creditors | 13,706 | 24,573 | -108,680 | 115,790 | -33,798 | 35,602 |
| Accruals and Deferred Income | 32,162 | 2,765 | 35,263 | -164,369 | 207,309 | 0 |
| Deferred Taxes & Provisions | 6,046 | 1,979 | 482 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -4,032 | 31,886 | 193,511 | 233,231 | -119,698 | 119,698 |
| Other Short Term Loans | 0 | 4,200 | 0 | 0 | 0 | 0 |
| Long term loans | -1,664 | 66,436 | -4,969 | 50,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -353,371 | 369,936 | -27,214 | 27,387 | 17,995 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -353,371 | 369,936 | -27,214 | 27,387 | 17,995 | 0 |
ab car sales (south west) ltd Credit Report and Business Information
Ab Car Sales (south West) Ltd Competitor Analysis
Perform a competitor analysis for ab car sales (south west) 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 PL1 area or any other competitors across 12 key performance metrics.
ab car sales (south west) ltd Ownership
AB CAR SALES (SOUTH WEST) LTD group structure
Ab Car Sales (South West) Ltd has no subsidiary companies.
Ultimate parent company
1 parent
AB CAR SALES (SOUTH WEST) LTD
11338385
ab car sales (south west) ltd directors
Ab Car Sales (South West) Ltd currently has 1 director, Mr Alexander Burd serving since May 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Burd | England | 31 years | May 2018 | - | Director |
P&L
March 2024turnover
3.3m
+76%
operating profit
343.5k
0%
gross margin
11.5%
+2.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
868.7k
+0.42%
total assets
1.6m
+0.23%
cash
34.7k
-0.91%
net assets
Total assets minus all liabilities
ab car sales (south west) ltd company details
company number
11338385
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
May 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
brinsmead finance limited (October 2018)
accountant
MAYERS
auditor
-
address
33 mary seacole road, the millfields, plymouth, PL1 3JY
Bank
-
Legal Advisor
-
ab car sales (south west) 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 ab car sales (south west) ltd.
ab car sales (south west) ltd Companies House Filings - See Documents
| date | description | view/download |
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