autocraft ev solutions limited
autocraft ev solutions limited Company Information
Company Number
11700227
Website
www.autocraftds.comRegistered Address
c/o autocraft drivetrain solutio, main road, grantham, lincolnshire, NG32 2LY
Industry
Manufacture of other parts and accessories for motor vehicles
Telephone
01476581300
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
autocraft solutions group limited 100%
autocraft ev solutions limited Estimated Valuation
Pomanda estimates the enterprise value of AUTOCRAFT EV SOLUTIONS LIMITED at £231.2k based on a Turnover of £863.6k and 0.27x industry multiple (adjusted for size and gross margin).
autocraft ev solutions limited Estimated Valuation
Pomanda estimates the enterprise value of AUTOCRAFT EV SOLUTIONS LIMITED at £0 based on an EBITDA of £-836.4k and a 2.57x industry multiple (adjusted for size and gross margin).
autocraft ev solutions limited Estimated Valuation
Pomanda estimates the enterprise value of AUTOCRAFT EV SOLUTIONS LIMITED at £0 based on Net Assets of £-2.4m and 1.83x 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 £863.6k 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
2 Strong
3 Regular
6 Weak
Size
annual sales of £863.6k, make it smaller than the average company (£26.6m)
- Autocraft Ev Solutions Limited
£26.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Autocraft Ev Solutions Limited
- - Industry AVG
Production
with a gross margin of 21.3%, this company has a comparable cost of product (21.3%)
- Autocraft Ev Solutions Limited
21.3% - Industry AVG
Profitability
an operating margin of -139.6% make it less profitable than the average company (3.3%)
- Autocraft Ev Solutions Limited
3.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (121)
5 - Autocraft Ev Solutions Limited
121 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- Autocraft Ev Solutions Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £172.7k, this is equally as efficient (£185.9k)
- Autocraft Ev Solutions Limited
£185.9k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (49 days)
- Autocraft Ev Solutions Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (39 days)
- Autocraft Ev Solutions Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (61 days)
- Autocraft Ev Solutions Limited
61 days - Industry AVG
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
Debt Level
it has a ratio of liabilities to total assets of 213.7%, this is a higher level of debt than the average (58.2%)
213.7% - Autocraft Ev Solutions Limited
58.2% - Industry AVG
AUTOCRAFT EV SOLUTIONS LIMITED financials
Autocraft Ev Solutions Limited's latest turnover from December 2023 is estimated at £863.6 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 House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 | 5 | 5 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,363,745 | 1,373,115 | 0 | 0 | 0 |
| Intangible Assets | 33,195 | 23,485 | 0 | 0 | 0 |
| Investments & Other | 100 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,397,040 | 1,396,600 | 0 | 0 | 0 |
| Stock & work in progress | 24,239 | 0 | 0 | 0 | 0 |
| Trade Debtors | 190,621 | 0 | 0 | 0 | 0 |
| Group Debtors | 376,928 | 1 | 0 | 0 | 0 |
| Misc Debtors | 70,008 | 0 | 1 | 1 | 1 |
| Cash | 15,901 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 677,697 | 1 | 1 | 1 | 1 |
| total assets | 2,074,737 | 1,396,601 | 1 | 1 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 105,312 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 4,032,775 | 2,230,544 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 26,789 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,164,876 | 2,230,544 | 0 | 0 | 0 |
| 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 | 267,977 | 318,762 | 0 | 0 | 0 |
| total long term liabilities | 267,977 | 318,762 | 0 | 0 | 0 |
| total liabilities | 4,432,853 | 2,549,306 | 0 | 0 | 0 |
| net assets | -2,358,116 | -1,152,705 | 1 | 1 | 1 |
| total shareholders funds | -2,358,116 | -1,152,705 | 1 | 1 | 1 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 369,457 | 369,457 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 24,239 | 0 | 0 | 0 | 0 |
| Debtors | 637,556 | 0 | 0 | 0 | 1 |
| Creditors | 105,312 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 26,789 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -50,785 | 318,762 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 100 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,802,231 | 2,230,544 | 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 | 15,901 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 15,901 | 0 | 0 | 0 | 0 |
autocraft ev solutions limited Credit Report and Business Information
Autocraft Ev Solutions Limited Competitor Analysis
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 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).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Warburton | 56 years | Nov 2018 | - | Director | |
| Mr John Seaton | 56 years | Nov 2018 | - | Director | |
| Mr Michael Hague-Morgan | England | 50 years | Nov 2018 | - | Director |
| Dr Sara Ridley | 56 years | Jun 2022 | - | Director | |
| Mr Brian Barr | 61 years | Aug 2022 | - | Director |
P&L
December 2023turnover
863.6k
+3%
operating profit
-1.2m
0%
gross margin
21.3%
+7.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net 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
6
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 4 open charges and 0 have been satisfied in the past.
autocraft ev solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
