motonovo finance limited
motonovo finance limited Company Information
Company Number
11556144
Website
paymotonovofinance.comRegistered Address
one central square, cardiff, wales, CF10 1FS
Industry
Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
Telephone
03332000030
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
aldermore group plc 100%
motonovo finance limited Estimated Valuation
Pomanda estimates the enterprise value of MOTONOVO FINANCE LIMITED at £927.9m based on a Turnover of £258.6m and 3.59x industry multiple (adjusted for size and gross margin).
motonovo finance limited Estimated Valuation
Pomanda estimates the enterprise value of MOTONOVO FINANCE LIMITED at £1.2b based on an EBITDA of £98.7m and a 11.98x industry multiple (adjusted for size and gross margin).
motonovo finance limited Estimated Valuation
Pomanda estimates the enterprise value of MOTONOVO FINANCE LIMITED at £289m based on Net Assets of £148m and 1.95x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Motonovo Finance Limited Overview
Motonovo Finance Limited is a live company located in wales, CF10 1FS with a Companies House number of 11556144. It operates in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in September 2018, it's largest shareholder is aldermore group plc with a 100% stake. Motonovo Finance Limited is a young, mega sized company, Pomanda has estimated its turnover at £258.6m with rapid growth in recent years.
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Motonovo Finance Limited Health Check
Pomanda's financial health check has awarded Motonovo Finance Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
1 Weak
Size
annual sales of £258.6m, make it larger than the average company (£5.8m)
£258.6m - Motonovo Finance Limited
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (3.2%)
52% - Motonovo Finance Limited
3.2% - Industry AVG
Production
with a gross margin of 63.5%, this company has a comparable cost of product (62.1%)
63.5% - Motonovo Finance Limited
62.1% - Industry AVG
Profitability
an operating margin of 36.6% make it more profitable than the average company (25.2%)
36.6% - Motonovo Finance Limited
25.2% - Industry AVG
Employees
with 777 employees, this is above the industry average (25)
777 - Motonovo Finance Limited
25 - Industry AVG
Pay Structure
on an average salary of £48.4k, the company has an equivalent pay structure (£60.1k)
£48.4k - Motonovo Finance Limited
£60.1k - Industry AVG
Efficiency
resulting in sales per employee of £332.8k, this is more efficient (£261k)
£332.8k - Motonovo Finance Limited
£261k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Motonovo Finance Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is close to average (56 days)
56 days - Motonovo Finance Limited
56 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Motonovo Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Motonovo Finance Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.7%, this is a similar level of debt than the average (89.7%)
96.7% - Motonovo Finance Limited
89.7% - Industry AVG
MOTONOVO FINANCE LIMITED financials
Motonovo Finance Limited's latest turnover from June 2023 is £258.6 million and the company has net assets of £148 million. According to their latest financial statements, Motonovo Finance Limited has 777 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Turnover | 258,600,000 | 191,300,000 | 148,100,000 | 73,900,000 | 1,700,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 94,400,000 | 52,900,000 | 34,700,000 | 19,900,000 | 500,000 |
| Gross Profit | 164,200,000 | 138,400,000 | 113,400,000 | 54,000,000 | 1,200,000 |
| Admin Expenses | 69,600,000 | 57,500,000 | 49,400,000 | 31,300,000 | 3,000,000 |
| Operating Profit | 94,600,000 | 80,900,000 | 64,000,000 | 22,700,000 | -1,800,000 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 32,700,000 | 28,600,000 | 38,600,000 | -33,000,000 | -5,600,000 |
| Tax | -9,200,000 | -4,200,000 | -7,500,000 | 7,100,000 | 2,100,000 |
| Profit After Tax | 23,500,000 | 24,400,000 | 31,100,000 | -25,900,000 | -3,500,000 |
| Dividends Paid | 4,300,000 | 6,400,000 | 0 | 0 | 0 |
| Retained Profit | 19,200,000 | 18,000,000 | 31,100,000 | -25,900,000 | -3,500,000 |
| Employee Costs | 37,600,000 | 46,700,000 | 42,200,000 | 34,500,000 | 6,000,000 |
| Number Of Employees | 777 | 813 | 779 | 749 | 149 |
| EBITDA* | 98,700,000 | 84,700,000 | 69,300,000 | 28,100,000 | -1,200,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 4,185,700,000 | 3,982,600,000 | 25,100,000 | 23,500,000 | 7,700,000 |
| Intangible Assets | 0 | 0 | 1,200,000 | 1,700,000 | 3,500,000 |
| Investments & Other | 4,168,400,000 | 3,954,100,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 5,000,000 | 1,900,000 | 0 | 0 |
| Total Fixed Assets | 4,185,700,000 | 3,977,600,000 | 24,400,000 | 25,200,000 | 11,200,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 245,900,000 | 176,800,000 | 86,500,000 | 43,700,000 | 71,200,000 |
| Misc Debtors | 4,700,000 | 4,500,000 | 5,100,000 | 1,827,500,000 | 372,200,000 |
| Cash | 2,000,000 | 6,200,000 | 15,300,000 | 3,800,000 | 4,900,000 |
| misc current assets | 48,600,000 | 19,800,000 | 3,048,100,000 | 17,300,000 | 16,600,000 |
| total current assets | 303,500,000 | 208,800,000 | 3,155,000,000 | 1,893,500,000 | 464,900,000 |
| total assets | 4,489,200,000 | 4,186,400,000 | 3,179,400,000 | 1,918,700,000 | 476,100,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,500,000 | 69,100,000 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 13,000,000 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,313,700,000 | 3,988,700,000 | 3,068,800,000 | 1,889,200,000 | 420,600,000 |
| total current liabilities | 4,341,200,000 | 4,057,800,000 | 3,068,800,000 | 1,889,200,000 | 420,600,000 |
| 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 | 4,341,200,000 | 4,057,800,000 | 3,068,800,000 | 1,889,200,000 | 420,600,000 |
| net assets | 148,000,000 | 128,600,000 | 110,600,000 | 29,500,000 | 55,500,000 |
| total shareholders funds | 148,000,000 | 128,600,000 | 110,600,000 | 29,500,000 | 55,500,000 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 94,600,000 | 80,900,000 | 64,000,000 | 22,700,000 | -1,800,000 |
| Depreciation | 3,900,000 | 3,800,000 | 3,800,000 | 3,600,000 | 300,000 |
| Amortisation | 200,000 | 0 | 1,500,000 | 1,800,000 | 300,000 |
| Tax | -9,200,000 | -4,200,000 | -7,500,000 | 7,100,000 | 2,100,000 |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 64,300,000 | 92,800,000 | -1,777,700,000 | 1,427,800,000 | 443,400,000 |
| Creditors | -54,600,000 | 69,100,000 | 0 | 0 | 0 |
| Accruals and Deferred Income | 325,000,000 | 919,900,000 | 1,179,600,000 | 1,468,600,000 | 420,600,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 295,600,000 | 976,700,000 | 3,019,100,000 | 76,000,000 | -21,900,000 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 214,300,000 | 3,954,100,000 | 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 | 13,000,000 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 13,200,000 | 0 | 50,000,000 | -100,000 | 59,000,000 |
| cash and cash equivalents | |||||
| cash | -4,200,000 | -9,100,000 | 11,500,000 | -1,100,000 | 4,900,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,200,000 | -9,100,000 | 11,500,000 | -1,100,000 | 4,900,000 |
motonovo finance limited Credit Report and Business Information
Motonovo Finance Limited Competitor Analysis
Perform a competitor analysis for motonovo finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in CF10 area or any other competitors across 12 key performance metrics.
motonovo finance limited Ownership
MOTONOVO FINANCE LIMITED group structure
Motonovo Finance Limited has no subsidiary companies.
Ultimate parent company
FIRSTRAND INTERNATIONAL LTD
#0074252
2 parents
MOTONOVO FINANCE LIMITED
11556144
motonovo finance limited directors
Motonovo Finance Limited currently has 10 directors. The longest serving directors include Mr John Hitchins (Feb 2020) and Mr Patrick Butler (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Hitchins | United Kingdom | 69 years | Feb 2020 | - | Director |
| Mr Patrick Butler | England | 63 years | Feb 2020 | - | Director |
| Mr Desmond Crowley | 65 years | May 2020 | - | Director | |
| Mr Richard Banks | England | 73 years | Sep 2020 | - | Director |
| Mr Steven Cooper | England | 54 years | May 2021 | - | Director |
| Mrs Rosemary Murray | 59 years | Aug 2021 | - | Director | |
| Ms Ruth Handcock | England | 44 years | Oct 2021 | - | Director |
| Mr Ralph Coates | 52 years | May 2022 | - | Director | |
| Mr Richard Jones | United Kingdom | 52 years | Oct 2023 | - | Director |
| Mr Alasdair Lenman | 54 years | Jul 2024 | - | Director |
P&L
June 2023turnover
258.6m
+35%
operating profit
94.6m
+17%
gross margin
63.5%
-12.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
148m
+0.15%
total assets
4.5b
+0.07%
cash
2m
-0.68%
net assets
Total assets minus all liabilities
Similar Companies
motonovo finance limited company details
company number
11556144
Type
Private limited with Share Capital
industry
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
incorporation date
September 2018
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
one central square, cardiff, wales, CF10 1FS
Bank
-
Legal Advisor
-
motonovo finance 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 found 70 charges/mortgages relating to motonovo finance limited. Currently there are 70 open charges and 0 have been satisfied in the past.
motonovo finance limited Companies House Filings - See Documents
| date | description | view/download |
|---|
