canal street tyres ltd
canal street tyres ltd Company Information
Company Number
11727658
Next Accounts
1269 days late
Directors
Shareholders
ahsen ahmed
mohammed shakeel ghafoor ayub
Group Structure
View All
Industry
Maintenance and repair of motor vehicles
Registered Address
117 canal street, nottingham, NG1 7HB
Website
-canal street tyres ltd Estimated Valuation
Pomanda estimates the enterprise value of CANAL STREET TYRES LTD at £8k based on a Turnover of £39.4k and 0.2x industry multiple (adjusted for size and gross margin).
canal street tyres ltd Estimated Valuation
Pomanda estimates the enterprise value of CANAL STREET TYRES LTD at £39k based on an EBITDA of £12.8k and a 3.04x industry multiple (adjusted for size and gross margin).
canal street tyres ltd Estimated Valuation
Pomanda estimates the enterprise value of CANAL STREET TYRES LTD at £29.5k based on Net Assets of £10.4k and 2.84x industry multiple (adjusted for liquidity).
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Canal Street Tyres Ltd Overview
Canal Street Tyres Ltd is a live company located in nottingham, NG1 7HB with a Companies House number of 11727658. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in December 2018, it's largest shareholder is ahsen ahmed with a 67.5% stake. Canal Street Tyres Ltd is a young, micro sized company, Pomanda has estimated its turnover at £39.4k with unknown growth in recent years.
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Canal Street Tyres Ltd Health Check
Pomanda's financial health check has awarded Canal Street Tyres Ltd a 2.5 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
1 Regular
6 Weak
Size
annual sales of £39.4k, make it smaller than the average company (£537.6k)
- Canal Street Tyres Ltd
£537.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Canal Street Tyres Ltd
- - Industry AVG
Production
with a gross margin of 22.5%, this company has a higher cost of product (36.2%)
- Canal Street Tyres Ltd
36.2% - Industry AVG
Profitability
an operating margin of 32.5% make it more profitable than the average company (4.4%)
- Canal Street Tyres Ltd
4.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
- Canal Street Tyres Ltd
15 - Industry AVG
Pay Structure
on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)
- Canal Street Tyres Ltd
£29.5k - Industry AVG
Efficiency
resulting in sales per employee of £39.4k, this is less efficient (£95.7k)
- Canal Street Tyres Ltd
£95.7k - Industry AVG
Debtor Days
it gets paid by customers after 99 days, this is later than average (34 days)
- Canal Street Tyres Ltd
34 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (41 days)
- Canal Street Tyres Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Canal Street Tyres Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Canal Street Tyres Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.8%, this is a lower level of debt than the average (73.5%)
18.8% - Canal Street Tyres Ltd
73.5% - Industry AVG
CANAL STREET TYRES LTD financials
Canal Street Tyres Ltd's latest turnover from December 2019 is estimated at £39.4 thousand and the company has net assets of £10.4 thousand. According to their latest financial statements, we estimate that Canal Street Tyres Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | |
|---|---|
| Tangible Assets | 2,000 |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 2,000 |
| Stock & work in progress | |
| Trade Debtors | 10,790 |
| Group Debtors | |
| Misc Debtors | |
| Cash | |
| misc current assets | |
| total current assets | 10,790 |
| total assets | 12,790 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 2,400 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 2,400 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 2,400 |
| net assets | 10,390 |
| total shareholders funds | 10,390 |
| Dec 2019 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 10,790 |
| Creditors | 2,400 |
| Accruals and Deferred Income | |
| Deferred Taxes & Provisions | |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | |
| Group/Directors Accounts | |
| Other Short Term Loans | |
| Long term loans | |
| Hire Purchase and Lease Commitments | |
| other long term liabilities | |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | |
| overdraft | |
| change in cash |
canal street tyres ltd Credit Report and Business Information
Canal Street Tyres Ltd Competitor Analysis
Perform a competitor analysis for canal street tyres ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in NG1 area or any other competitors across 12 key performance metrics.
canal street tyres ltd Ownership
CANAL STREET TYRES LTD group structure
Canal Street Tyres Ltd has no subsidiary companies.
Ultimate parent company
CANAL STREET TYRES LTD
11727658
canal street tyres ltd directors
Canal Street Tyres Ltd currently has 1 director, Mr Faisal Mehmood serving since May 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Faisal Mehmood | Pakistan | 35 years | May 2021 | - | Director |
P&L
December 2019turnover
39.4k
0%
operating profit
12.8k
0%
gross margin
22.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
10.4k
0%
total assets
12.8k
0%
cash
0
0%
net assets
Total assets minus all liabilities
canal street tyres ltd company details
company number
11727658
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
December 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2019
previous names
N/A
accountant
-
auditor
-
address
117 canal street, nottingham, NG1 7HB
Bank
-
Legal Advisor
-
canal street tyres 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 canal street tyres ltd.
canal street tyres ltd 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 CANAL STREET TYRES LTD. This can take several minutes, an email will notify you when this has completed.
canal street tyres ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
