first auto care techs ltd
first auto care techs ltd Company Information
Company Number
11345021
Website
fact.repairRegistered Address
elberton garage camp lane, elberton, bristol, BS35 4AQ
Industry
Maintenance and repair of motor vehicles
Telephone
01454411075
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
emily humby 25%
emily burge 25%
View Allfirst auto care techs ltd Estimated Valuation
Pomanda estimates the enterprise value of FIRST AUTO CARE TECHS LTD at £159.1k based on a Turnover of £726.8k and 0.22x industry multiple (adjusted for size and gross margin).
first auto care techs ltd Estimated Valuation
Pomanda estimates the enterprise value of FIRST AUTO CARE TECHS LTD at £566.1k based on an EBITDA of £206.2k and a 2.75x industry multiple (adjusted for size and gross margin).
first auto care techs ltd Estimated Valuation
Pomanda estimates the enterprise value of FIRST AUTO CARE TECHS LTD at £306.4k based on Net Assets of £104.1k and 2.94x industry multiple (adjusted for liquidity).
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First Auto Care Techs Ltd Overview
First Auto Care Techs Ltd is a live company located in bristol, BS35 4AQ with a Companies House number of 11345021. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in May 2018, it's largest shareholder is emily humby with a 25% stake. First Auto Care Techs Ltd is a young, small sized company, Pomanda has estimated its turnover at £726.8k with healthy growth in recent years.
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First Auto Care Techs Ltd Health Check
Pomanda's financial health check has awarded First Auto Care Techs Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £726.8k, make it larger than the average company (£424.5k)
£726.8k - First Auto Care Techs Ltd
£424.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.8%)
- First Auto Care Techs Ltd
5.8% - Industry AVG
Production
with a gross margin of 23.5%, this company has a higher cost of product (35.9%)
23.5% - First Auto Care Techs Ltd
35.9% - Industry AVG
Profitability
an operating margin of 25.8% make it more profitable than the average company (5.8%)
25.8% - First Auto Care Techs Ltd
5.8% - Industry AVG
Employees
with 4 employees, this is below the industry average (5)
4 - First Auto Care Techs Ltd
5 - Industry AVG
Pay Structure
on an average salary of £30.1k, the company has a higher pay structure (£24.3k)
£30.1k - First Auto Care Techs Ltd
£24.3k - Industry AVG
Efficiency
resulting in sales per employee of £181.7k, this is more efficient (£91.5k)
£181.7k - First Auto Care Techs Ltd
£91.5k - Industry AVG
Debtor Days
it gets paid by customers after 171 days, this is later than average (41 days)
171 days - First Auto Care Techs Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (41 days)
69 days - First Auto Care Techs Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - First Auto Care Techs Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - First Auto Care Techs Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.2%, this is a similar level of debt than the average (66.2%)
71.2% - First Auto Care Techs Ltd
66.2% - Industry AVG
FIRST AUTO CARE TECHS LTD financials
First Auto Care Techs Ltd's latest turnover from March 2023 is £726.8 thousand and the company has net assets of £104.1 thousand. According to their latest financial statements, First Auto Care Techs Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Turnover | 726,757 | 582,085 | |||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | 0 | 0 | |||
| Interest Receivable | 0 | 0 | |||
| Pre-Tax Profit | 191,762 | 135,162 | |||
| Tax | -39,745 | -22,782 | |||
| Profit After Tax | 152,017 | 112,380 | |||
| Dividends Paid | 0 | 0 | |||
| Retained Profit | 152,017 | 112,380 | |||
| Employee Costs | 120,303 | 115,422 | |||
| Number Of Employees | 4 | 4 | 4 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 20,580 | 39,140 | 25,230 | 30,801 | 38,677 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 20,580 | 39,140 | 25,230 | 30,801 | 38,677 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 340,641 | 280,299 | 284,685 | 195,037 | 153,175 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 75 | 656 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 340,641 | 280,299 | 284,685 | 195,112 | 153,831 |
| total assets | 361,221 | 319,439 | 309,915 | 225,913 | 192,508 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 105,896 | 76,872 | 53,193 | 92,796 | 80,944 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 105,896 | 76,872 | 53,193 | 92,796 | 80,944 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 52,974 | 32,774 | 17,264 | 10,600 | 41,000 |
| other liabilities | 58,478 | 72,441 | 49,426 | 0 | 0 |
| provisions | 39,745 | 22,900 | 33,000 | 12,536 | 7,830 |
| total long term liabilities | 151,197 | 128,115 | 99,690 | 23,136 | 48,830 |
| total liabilities | 257,093 | 204,987 | 152,883 | 115,932 | 129,774 |
| net assets | 104,128 | 114,452 | 157,032 | 109,981 | 62,734 |
| total shareholders funds | 104,128 | 114,452 | 157,032 | 109,981 | 62,734 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 18,561 | 23,544 | |||
| Amortisation | 0 | 0 | |||
| Tax | -39,745 | -22,782 | |||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 60,342 | -4,386 | 89,573 | 41,281 | 153,831 |
| Creditors | 29,024 | 23,679 | -39,603 | 11,852 | 80,944 |
| Accruals and Deferred Income | 20,200 | 15,510 | 6,664 | -30,400 | 41,000 |
| Deferred Taxes & Provisions | 16,845 | -10,100 | 20,464 | 4,706 | 7,830 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -13,963 | 23,015 | 49,426 | 0 | 0 |
| share issue | |||||
| interest | 0 | 0 | |||
| cash flow from financing | -176,304 | -131,945 | |||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
first auto care techs ltd Credit Report and Business Information
First Auto Care Techs Ltd Competitor Analysis
Perform a competitor analysis for first auto care techs 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 BS35 area or any other competitors across 12 key performance metrics.
first auto care techs ltd Ownership
FIRST AUTO CARE TECHS LTD group structure
First Auto Care Techs Ltd has no subsidiary companies.
Ultimate parent company
FIRST AUTO CARE TECHS LTD
11345021
first auto care techs ltd directors
First Auto Care Techs Ltd currently has 2 directors. The longest serving directors include Mr Michael Humby (May 2018) and Mr Nathan Burge (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Humby | United Kingdom | 36 years | May 2018 | - | Director |
| Mr Nathan Burge | England | 46 years | May 2018 | - | Director |
P&L
March 2023turnover
726.8k
+25%
operating profit
187.7k
0%
gross margin
23.5%
+9.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
104.1k
-0.09%
total assets
361.2k
+0.13%
cash
0
0%
net assets
Total assets minus all liabilities
first auto care techs ltd company details
company number
11345021
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
May 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
elberton garage camp lane, elberton, bristol, BS35 4AQ
Bank
-
Legal Advisor
-
first auto care techs 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 first auto care techs ltd.
first auto care techs ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
