hart car sales ltd
hart car sales ltd Company Information
Company Number
12034112
Website
www.paul-hartcars.co.ukRegistered Address
suite 4 1st floor unit 2, crown yard, goudhurst, kent, TN17 2QZ
Industry
Sale of used cars and light motor vehicles
Telephone
441925245007
Next Accounts Due
September 2025
Group Structure
View All
Directors
Peter Trenter5 Years
Shareholders
martin norris 33.3%
keith john trenter 33.3%
View Allhart car sales ltd Estimated Valuation
Pomanda estimates the enterprise value of HART CAR SALES LTD at £312.7k based on a Turnover of £1.4m and 0.22x industry multiple (adjusted for size and gross margin).
hart car sales ltd Estimated Valuation
Pomanda estimates the enterprise value of HART CAR SALES LTD at £0 based on an EBITDA of £-10.8k and a 3.56x industry multiple (adjusted for size and gross margin).
hart car sales ltd Estimated Valuation
Pomanda estimates the enterprise value of HART CAR SALES LTD at £0 based on Net Assets of £-9.4k and 3.22x industry multiple (adjusted for liquidity).
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Hart Car Sales Ltd Overview
Hart Car Sales Ltd is a live company located in goudhurst, TN17 2QZ with a Companies House number of 12034112. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in June 2019, it's largest shareholder is martin norris with a 33.3% stake. Hart Car Sales Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.
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Hart Car Sales Ltd Health Check
Pomanda's financial health check has awarded Hart Car Sales Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
5 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£3.7m)
- Hart Car Sales Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (10%)
- Hart Car Sales Ltd
10% - Industry AVG
Production
with a gross margin of 10.9%, this company has a comparable cost of product (10.9%)
- Hart Car Sales Ltd
10.9% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (2.8%)
- Hart Car Sales Ltd
2.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (11)
- Hart Car Sales Ltd
11 - Industry AVG
Pay Structure
on an average salary of £34k, the company has an equivalent pay structure (£34k)
- Hart Car Sales Ltd
£34k - Industry AVG
Efficiency
resulting in sales per employee of £471.5k, this is equally as efficient (£478.7k)
- Hart Car Sales Ltd
£478.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hart Car Sales Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is slower than average (15 days)
- Hart Car Sales Ltd
15 days - Industry AVG
Stock Days
it holds stock equivalent to 62 days, this is in line with average (67 days)
- Hart Car Sales Ltd
67 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Hart Car Sales Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.2%, this is a higher level of debt than the average (64.3%)
104.2% - Hart Car Sales Ltd
64.3% - Industry AVG
HART CAR SALES LTD financials
Hart Car Sales Ltd's latest turnover from December 2023 is estimated at £1.4 million and the company has net assets of -£9.4 thousand. According to their latest financial statements, we estimate that Hart Car Sales Ltd has 3 employees and maintains cash reserves of £3.7 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,198 | 2,009 | 2,679 | 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 | 2,198 | 2,009 | 2,679 | 0 | 0 |
| Stock & work in progress | 217,339 | 149,276 | 112,011 | 151,498 | 10,554 |
| Trade Debtors | 0 | 7,456 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 79 | 1,062 | 1,096 | 12,721 | 61 |
| Cash | 3,714 | 5,872 | 1,923 | 8,009 | 19,151 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 221,132 | 163,666 | 115,030 | 172,228 | 29,766 |
| total assets | 223,330 | 165,675 | 117,709 | 172,228 | 29,766 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 96,556 | 97,041 | 95,963 | 81,890 | 9,878 |
| Group/Directors Accounts | 134,710 | 65,229 | 21,229 | 90,716 | 19,997 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,500 | 1,500 | 1,500 | 0 | 0 |
| total current liabilities | 232,766 | 163,770 | 118,692 | 172,606 | 29,875 |
| 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 | 232,766 | 163,770 | 118,692 | 172,606 | 29,875 |
| net assets | -9,436 | 1,905 | -983 | -378 | -109 |
| total shareholders funds | -9,436 | 1,905 | -983 | -378 | -109 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 732 | 670 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 68,063 | 37,265 | -39,487 | 140,944 | 10,554 |
| Debtors | -8,439 | 7,422 | -11,625 | 12,660 | 61 |
| Creditors | -485 | 1,078 | 14,073 | 72,012 | 9,878 |
| Accruals and Deferred Income | 0 | 0 | 1,500 | 0 | 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 | 69,481 | 44,000 | -69,487 | 70,719 | 19,997 |
| 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 | -2,158 | 3,949 | -6,086 | -11,142 | 19,151 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,158 | 3,949 | -6,086 | -11,142 | 19,151 |
hart car sales ltd Credit Report and Business Information
Hart Car Sales Ltd Competitor Analysis
Perform a competitor analysis for hart car sales 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 TN17 area or any other competitors across 12 key performance metrics.
hart car sales ltd Ownership
HART CAR SALES LTD group structure
Hart Car Sales Ltd has no subsidiary companies.
Ultimate parent company
HART CAR SALES LTD
12034112
hart car sales ltd directors
Hart Car Sales Ltd currently has 1 director, Mr Peter Trenter serving since Jun 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Trenter | United Kingdom | 70 years | Jun 2019 | - | Director |
P&L
December 2023turnover
1.4m
+46%
operating profit
-11.6k
0%
gross margin
11%
-2.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-9.4k
-5.95%
total assets
223.3k
+0.35%
cash
3.7k
-0.37%
net assets
Total assets minus all liabilities
Similar Companies
hart car sales ltd company details
company number
12034112
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
June 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
DITTON ACCOUNTING
auditor
-
address
suite 4 1st floor unit 2, crown yard, goudhurst, kent, TN17 2QZ
Bank
-
Legal Advisor
-
hart car sales 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 hart car sales ltd.
hart car sales ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
