vertex cars ltd Company Information
Group Structure
View All
Industry
Renting and leasing of cars and light motor vehicles
+1Registered Address
langley railway station yard, station road, slough, berkshire, SL3 6DB
Website
http://vertexcars.co.ukvertex cars ltd Estimated Valuation
Pomanda estimates the enterprise value of VERTEX CARS LTD at £347.2k based on a Turnover of £816.9k and 0.43x industry multiple (adjusted for size and gross margin).
vertex cars ltd Estimated Valuation
Pomanda estimates the enterprise value of VERTEX CARS LTD at £184.6k based on an EBITDA of £68k and a 2.71x industry multiple (adjusted for size and gross margin).
vertex cars ltd Estimated Valuation
Pomanda estimates the enterprise value of VERTEX CARS LTD at £706.6k based on Net Assets of £261.3k and 2.7x industry multiple (adjusted for liquidity).
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Vertex Cars Ltd Overview
Vertex Cars Ltd is a live company located in slough, SL3 6DB with a Companies House number of 11736010. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in December 2018, it's largest shareholder is rana imran farooq with a 100% stake. Vertex Cars Ltd is a young, small sized company, Pomanda has estimated its turnover at £816.9k with declining growth in recent years.
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Vertex Cars Ltd Health Check
Pomanda's financial health check has awarded Vertex Cars Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
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2 Strong
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3 Regular
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7 Weak
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Size
annual sales of £816.9k, make it smaller than the average company (£6.6m)
- Vertex Cars Ltd
£6.6m - Industry AVG
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Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (8.6%)
- Vertex Cars Ltd
8.6% - Industry AVG
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Production
with a gross margin of 12.9%, this company has a higher cost of product (21.7%)
- Vertex Cars Ltd
21.7% - Industry AVG
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Profitability
an operating margin of 1.2% make it less profitable than the average company (7.2%)
- Vertex Cars Ltd
7.2% - Industry AVG
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Employees
with 4 employees, this is below the industry average (20)
4 - Vertex Cars Ltd
20 - Industry AVG
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Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
- Vertex Cars Ltd
£37.1k - Industry AVG
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Efficiency
resulting in sales per employee of £204.2k, this is less efficient (£356.4k)
- Vertex Cars Ltd
£356.4k - Industry AVG
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Debtor Days
it gets paid by customers after 20 days, this is near the average (21 days)
- Vertex Cars Ltd
21 days - Industry AVG
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Creditor Days
its suppliers are paid after 215 days, this is slower than average (19 days)
- Vertex Cars Ltd
19 days - Industry AVG
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Stock Days
it holds stock equivalent to 36 days, this is in line with average (40 days)
- Vertex Cars Ltd
40 days - Industry AVG
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Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - Vertex Cars Ltd
6 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 61.6%, this is a lower level of debt than the average (73.6%)
61.6% - Vertex Cars Ltd
73.6% - Industry AVG
VERTEX CARS LTD financials
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Vertex Cars Ltd's latest turnover from November 2023 is estimated at £816.9 thousand and the company has net assets of £261.3 thousand. According to their latest financial statements, Vertex Cars Ltd has 4 employees and maintains cash reserves of £5.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Nov 2023 | Nov 2022 | Nov 2021 | Nov 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 | 4 | 4 | 4 | 2 | 2 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Dec 2019 | |
---|---|---|---|---|---|
Tangible Assets | 557,002 | 466,462 | 289,291 | 0 | 0 |
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 | 557,002 | 466,462 | 289,291 | 0 | 0 |
Stock & work in progress | 71,561 | 114,360 | 160,901 | 293,037 | 0 |
Trade Debtors | 46,481 | 50,624 | 34,016 | 11,885 | 135,175 |
Group Debtors | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 22,512 | 17,300 | 0 |
Cash | 5,820 | 19,506 | 18,865 | 10,167 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 123,862 | 184,490 | 236,294 | 332,389 | 135,175 |
total assets | 680,864 | 650,952 | 525,585 | 332,389 | 135,175 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 419,613 | 201,756 | 269,337 | 131,783 | 137,141 |
Group/Directors Accounts | 0 | 0 | 0 | 90,843 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 195,538 | 183,581 | 96,262 | 0 |
total current liabilities | 419,613 | 397,294 | 452,918 | 318,888 | 137,141 |
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 | 419,613 | 397,294 | 452,918 | 318,888 | 137,141 |
net assets | 261,251 | 253,658 | 72,667 | 13,501 | -1,966 |
total shareholders funds | 261,251 | 253,658 | 72,667 | 13,501 | -1,966 |
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Dec 2019 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | 58,556 | 51,829 | 32,143 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 |
Tax | |||||
Stock | -42,799 | -46,541 | -132,136 | 293,037 | 0 |
Debtors | -4,143 | -5,904 | 27,343 | -105,990 | 135,175 |
Creditors | 217,857 | -67,581 | 137,554 | -5,358 | 137,141 |
Accruals and Deferred Income | -195,538 | 11,957 | 87,319 | 96,262 | 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 | -90,843 | 90,843 | 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 | -13,686 | 641 | 8,698 | 10,167 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 |
change in cash | -13,686 | 641 | 8,698 | 10,167 | 0 |
vertex cars ltd Credit Report and Business Information
Vertex Cars Ltd Competitor Analysis
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Perform a competitor analysis for vertex cars ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SL3 area or any other competitors across 12 key performance metrics.
vertex cars ltd Ownership
VERTEX CARS LTD group structure
Vertex Cars Ltd has no subsidiary companies.
Ultimate parent company
VERTEX CARS LTD
11736010
vertex cars ltd directors
Vertex Cars Ltd currently has 1 director, Mr Rana Farooq serving since Mar 2020.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Rana Farooq | England | 40 years | Mar 2020 | - | Director |
P&L
November 2023turnover
816.9k
+31%
operating profit
9.5k
0%
gross margin
12.9%
-1.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
261.3k
+0.03%
total assets
680.9k
+0.05%
cash
5.8k
-0.7%
net assets
Total assets minus all liabilities
vertex cars ltd company details
company number
11736010
Type
Private limited with Share Capital
industry
77110 - Renting and leasing of cars and light motor vehicles
45112 - Sale of used cars and light motor vehicles
incorporation date
December 2018
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
langley railway station yard, station road, slough, berkshire, SL3 6DB
Bank
-
Legal Advisor
-
vertex cars 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 vertex cars ltd.
vertex cars 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.
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vertex cars ltd Companies House Filings - See Documents
date | description | view/download |
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