maine classics limited
maine classics limited Company Information
Company Number
11365132
Next Accounts
Mar 2025
Industry
Sale of used cars and light motor vehicles
Directors
Shareholders
angelo bosco
Group Structure
View All
Contact
Registered Address
first floor, woburn court, 2 railton road, kempston, bedfordshire, MK42 7PN
Website
-maine classics limited Estimated Valuation
Pomanda estimates the enterprise value of MAINE CLASSICS LIMITED at £109k based on a Turnover of £450.1k and 0.24x industry multiple (adjusted for size and gross margin).
maine classics limited Estimated Valuation
Pomanda estimates the enterprise value of MAINE CLASSICS LIMITED at £0 based on an EBITDA of £-543 and a 3.17x industry multiple (adjusted for size and gross margin).
maine classics limited Estimated Valuation
Pomanda estimates the enterprise value of MAINE CLASSICS LIMITED at £0 based on Net Assets of £-91.6k and 2.87x industry multiple (adjusted for liquidity).
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Maine Classics Limited Overview
Maine Classics Limited is a live company located in kempston, MK42 7PN with a Companies House number of 11365132. 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 angelo bosco with a 100% stake. Maine Classics Limited is a young, micro sized company, Pomanda has estimated its turnover at £450.1k with declining growth in recent years.
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Maine Classics Limited Health Check
Pomanda's financial health check has awarded Maine Classics Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £450.1k, make it smaller than the average company (£2.6m)
- Maine Classics Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (8%)
- Maine Classics Limited
8% - Industry AVG
Production
with a gross margin of 7.2%, this company has a higher cost of product (11.2%)
- Maine Classics Limited
11.2% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (2.8%)
- Maine Classics Limited
2.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
- Maine Classics Limited
8 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- Maine Classics Limited
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £450.1k, this is equally as efficient (£459.2k)
- Maine Classics Limited
£459.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (9 days)
- Maine Classics Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (15 days)
- Maine Classics Limited
15 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Maine Classics Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Maine Classics Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7642.1%, this is a higher level of debt than the average (69.5%)
7642.1% - Maine Classics Limited
69.5% - Industry AVG
MAINE CLASSICS LIMITED financials
Maine Classics Limited's latest turnover from June 2023 is estimated at £450.1 thousand and the company has net assets of -£91.6 thousand. According to their latest financial statements, we estimate that Maine Classics Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 6,647 | 8,414 |
| 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 | 0 | 0 | 0 | 6,647 | 8,414 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,215 | 1,758 | 2,372 | 182,894 | 328,770 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,215 | 1,758 | 2,372 | 182,894 | 328,770 |
| total assets | 1,215 | 1,758 | 2,372 | 189,541 | 337,184 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 92,852 | 92,852 | 93,332 | 279,961 | 346,634 |
| 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 | 92,852 | 92,852 | 93,332 | 279,961 | 346,634 |
| loans | 0 | 0 | 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 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 92,852 | 92,852 | 93,332 | 279,961 | 346,634 |
| net assets | -91,637 | -91,094 | -90,960 | -90,420 | -9,450 |
| total shareholders funds | -91,637 | -91,094 | -90,960 | -90,420 | -9,450 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | ||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -543 | -614 | -180,522 | -145,876 | 328,770 |
| Creditors | 0 | -480 | -186,629 | -66,673 | 346,634 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 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 | 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 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
maine classics limited Credit Report and Business Information
Maine Classics Limited Competitor Analysis
Perform a competitor analysis for maine classics limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in MK42 area or any other competitors across 12 key performance metrics.
maine classics limited Ownership
MAINE CLASSICS LIMITED group structure
Maine Classics Limited has no subsidiary companies.
Ultimate parent company
MAINE CLASSICS LIMITED
11365132
maine classics limited directors
Maine Classics Limited currently has 1 director, Mr Angelo Bosco serving since May 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Angelo Bosco | England | 59 years | May 2018 | - | Director |
P&L
June 2023turnover
450.1k
0%
operating profit
-543
0%
gross margin
7.3%
-1.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-91.6k
+0.01%
total assets
1.2k
-0.31%
cash
0
0%
net assets
Total assets minus all liabilities
maine classics limited company details
company number
11365132
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
HAINES WATTS
auditor
-
address
first floor, woburn court, 2 railton road, kempston, bedfordshire, MK42 7PN
Bank
-
Legal Advisor
-
maine classics 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 maine classics limited.
maine classics 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.
Click to start generating capital raising & share issue transactions for MAINE CLASSICS LIMITED. This can take several minutes, an email will notify you when this has completed.
maine classics limited Companies House Filings - See Documents
| date | description | view/download |
|---|
