autocraft ev solutions limited

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autocraft ev solutions limited Company Information

Share AUTOCRAFT EV SOLUTIONS LIMITED

Company Number

11700227

Shareholders

autocraft solutions group limited

Group Structure

View All

Industry

Manufacture of other parts and accessories for motor vehicles

 

Registered Address

c/o autocraft drivetrain solutio, main road, grantham, lincolnshire, NG32 2LY

autocraft ev solutions limited Estimated Valuation

£259.4k

Pomanda estimates the enterprise value of AUTOCRAFT EV SOLUTIONS LIMITED at £259.4k based on a Turnover of £874.6k and 0.3x industry multiple (adjusted for size and gross margin).

autocraft ev solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of AUTOCRAFT EV SOLUTIONS LIMITED at £0 based on an EBITDA of £-836.4k and a 2.97x industry multiple (adjusted for size and gross margin).

autocraft ev solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of AUTOCRAFT EV SOLUTIONS LIMITED at £0 based on Net Assets of £-2.4m and 1.79x industry multiple (adjusted for liquidity).

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Autocraft Ev Solutions Limited Overview

Autocraft Ev Solutions Limited is a live company located in grantham, NG32 2LY with a Companies House number of 11700227. It operates in the manufacture of other parts and accessories for motor vehicles sector, SIC Code 29320. Founded in November 2018, it's largest shareholder is autocraft solutions group limited with a 100% stake. Autocraft Ev Solutions Limited is a young, small sized company, Pomanda has estimated its turnover at £874.6k with unknown growth in recent years.

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Autocraft Ev Solutions Limited Health Check

Pomanda's financial health check has awarded Autocraft Ev Solutions 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £874.6k, make it smaller than the average company (£24.3m)

£874.6k - Autocraft Ev Solutions Limited

£24.3m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Autocraft Ev Solutions Limited

- - Industry AVG

production

Production

with a gross margin of 21.5%, this company has a comparable cost of product (21.5%)

21.5% - Autocraft Ev Solutions Limited

21.5% - Industry AVG

profitability

Profitability

an operating margin of -137.9% make it less profitable than the average company (3.4%)

-137.9% - Autocraft Ev Solutions Limited

3.4% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (119)

5 - Autocraft Ev Solutions Limited

119 - Industry AVG

paystructure

Pay Structure

on an average salary of £42k, the company has an equivalent pay structure (£42k)

£42k - Autocraft Ev Solutions Limited

£42k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £174.9k, this is equally as efficient (£194.4k)

£174.9k - Autocraft Ev Solutions Limited

£194.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 79 days, this is later than average (49 days)

79 days - Autocraft Ev Solutions Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 56 days, this is slower than average (39 days)

56 days - Autocraft Ev Solutions Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 12 days, this is less than average (62 days)

12 days - Autocraft Ev Solutions Limited

62 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)

0 weeks - Autocraft Ev Solutions Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 213.7%, this is a higher level of debt than the average (58.3%)

213.7% - Autocraft Ev Solutions Limited

58.3% - Industry AVG

AUTOCRAFT EV SOLUTIONS LIMITED financials

EXPORTms excel logo

Autocraft Ev Solutions Limited's latest turnover from December 2023 is estimated at £874.6 thousand and the company has net assets of -£2.4 million. According to their latest financial statements, Autocraft Ev Solutions Limited has 5 employees and maintains cash reserves of £15.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Turnover874,608844,444
Other Income Or Grants
Cost Of Sales686,293676,596
Gross Profit188,316167,849
Admin Expenses1,394,1441,320,555
Operating Profit-1,205,828-1,152,706
Interest Payable
Interest Receivable417
Pre-Tax Profit-1,205,411-1,152,706
Tax
Profit After Tax-1,205,411-1,152,706
Dividends Paid
Retained Profit-1,205,411-1,152,706
Employee Costs209,803200,575
Number Of Employees55
EBITDA*-836,371-783,249

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Tangible Assets1,363,7451,373,115
Intangible Assets33,19523,485
Investments & Other100
Debtors (Due After 1 year)
Total Fixed Assets1,397,0401,396,600
Stock & work in progress24,239
Trade Debtors190,621
Group Debtors376,9281
Misc Debtors70,008111
Cash15,901
misc current assets
total current assets677,6971111
total assets2,074,7371,396,601111
Bank overdraft
Bank loan
Trade Creditors 105,312
Group/Directors Accounts4,032,7752,230,544
other short term finances
hp & lease commitments
other current liabilities26,789
total current liabilities4,164,8762,230,544
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions267,977318,762
total long term liabilities267,977318,762
total liabilities4,432,8532,549,306
net assets-2,358,116-1,152,705111
total shareholders funds-2,358,116-1,152,705111
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Operating Activities
Operating Profit-1,205,828-1,152,706
Depreciation369,457369,457
Amortisation
Tax
Stock24,239
Debtors637,5561
Creditors105,312
Accruals and Deferred Income26,789
Deferred Taxes & Provisions-50,785318,762
Cash flow from operations-1,416,850-464,487-1
Investing Activities
capital expenditure-369,797-1,766,057
Change in Investments100
cash flow from investments-369,897-1,766,057
Financing Activities
Bank loans
Group/Directors Accounts1,802,2312,230,544
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest417
cash flow from financing1,802,6482,230,5441
cash and cash equivalents
cash15,901
overdraft
change in cash15,901

autocraft ev solutions 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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Autocraft Ev Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for autocraft ev solutions limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in NG32 area or any other competitors across 12 key performance metrics.

autocraft ev solutions limited Ownership

AUTOCRAFT EV SOLUTIONS LIMITED group structure

Autocraft Ev Solutions Limited has no subsidiary companies.

Ultimate parent company

2 parents

AUTOCRAFT EV SOLUTIONS LIMITED

11700227

AUTOCRAFT EV SOLUTIONS LIMITED Shareholders

autocraft solutions group limited 100%

autocraft ev solutions limited directors

Autocraft Ev Solutions Limited currently has 5 directors. The longest serving directors include Mr Simon Warburton (Nov 2018) and Mr John Seaton (Nov 2018).

officercountryagestartendrole
Mr Simon Warburton57 years Nov 2018- Director
Mr John Seaton57 years Nov 2018- Director
Mr Michael Hague-MorganEngland50 years Nov 2018- Director
Dr Sara Ridley57 years Jun 2022- Director
Mr Brian BarrEngland61 years Aug 2022- Director

P&L

December 2023

turnover

874.6k

+4%

operating profit

-1.2m

0%

gross margin

21.6%

+8.32%

turnover

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

Balance Sheet

December 2023

net assets

-2.4m

+1.05%

total assets

2.1m

+0.49%

cash

15.9k

0%

net assets

Total assets minus all liabilities

autocraft ev solutions limited company details

company number

11700227

Type

Private limited with Share Capital

industry

29320 - Manufacture of other parts and accessories for motor vehicles

incorporation date

November 2018

age

7

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

FORVIS MAZARS LLP

auditor

-

address

c/o autocraft drivetrain solutio, main road, grantham, lincolnshire, NG32 2LY

Bank

HSBC BANK PLC

Legal Advisor

-

autocraft ev solutions 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 4 charges/mortgages relating to autocraft ev solutions limited. Currently there are 3 open charges and 1 have been satisfied in the past.

autocraft ev solutions 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 AUTOCRAFT EV SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.

autocraft ev solutions limited Companies House Filings - See Documents

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