mr auto solutions ltd
mr auto solutions ltd Company Information
Company Number
12140414
Website
-Registered Address
unit 2 wilson street, thornaby-on-tees, TS17 7AR
Industry
Sale of used cars and light motor vehicles
Telephone
03308084409
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
mohammed nabeel rashid 50%
naheed rashid 50%
mr auto solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of MR AUTO SOLUTIONS LTD at £73.8k based on a Turnover of £345.3k and 0.21x industry multiple (adjusted for size and gross margin).
mr auto solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of MR AUTO SOLUTIONS LTD at £0 based on an EBITDA of £-15.9k and a 3.5x industry multiple (adjusted for size and gross margin).
mr auto solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of MR AUTO SOLUTIONS LTD at £0 based on Net Assets of £-10.9k and 3.16x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mr Auto Solutions Ltd Overview
Mr Auto Solutions Ltd is a live company located in thornaby-on-tees, TS17 7AR with a Companies House number of 12140414. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in August 2019, it's largest shareholder is mohammed nabeel rashid with a 50% stake. Mr Auto Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £345.3k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mr Auto Solutions Ltd Health Check
Pomanda's financial health check has awarded Mr Auto Solutions 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
4 Regular
5 Weak
Size
annual sales of £345.3k, make it smaller than the average company (£2.1m)
- Mr Auto Solutions Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 65%, show it is growing at a faster rate (8.8%)
- Mr Auto Solutions Ltd
8.8% - Industry AVG
Production
with a gross margin of 11.7%, this company has a comparable cost of product (11.7%)
- Mr Auto Solutions Ltd
11.7% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (2.7%)
- Mr Auto Solutions Ltd
2.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Mr Auto Solutions Ltd
6 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- Mr Auto Solutions Ltd
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £345.3k, this is equally as efficient (£398.4k)
- Mr Auto Solutions Ltd
£398.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mr Auto Solutions Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mr Auto Solutions Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 75 days, this is in line with average (64 days)
- Mr Auto Solutions Ltd
64 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (9 weeks)
1 weeks - Mr Auto Solutions Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.8%, this is a higher level of debt than the average (70.2%)
115.8% - Mr Auto Solutions Ltd
70.2% - Industry AVG
MR AUTO SOLUTIONS LTD financials
Mr Auto Solutions Ltd's latest turnover from August 2023 is estimated at £345.3 thousand and the company has net assets of -£10.9 thousand. According to their latest financial statements, Mr Auto Solutions Ltd has 1 employee and maintains cash reserves of £1.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|
| 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 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|
| Tangible Assets | 2,223 | 216 | 242 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,223 | 216 | 242 | 0 |
| Stock & work in progress | 62,881 | 32,687 | 44,009 | 14,020 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,776 | 0 | 0 | 0 |
| Cash | 1,781 | 19,887 | 17,422 | 18,674 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 66,438 | 52,574 | 61,431 | 32,694 |
| total assets | 68,661 | 52,790 | 61,673 | 32,694 |
| Bank overdraft | 6,222 | 3,217 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 54,372 | 17,278 | 12,916 | 680 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 410 | 2,713 | 4,679 | 880 |
| total current liabilities | 61,004 | 23,208 | 17,595 | 1,560 |
| loans | 18,528 | 21,755 | 28,100 | 29,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 18,528 | 21,755 | 28,100 | 29,000 |
| total liabilities | 79,532 | 44,963 | 45,695 | 30,560 |
| net assets | -10,871 | 7,827 | 15,978 | 2,134 |
| total shareholders funds | -10,871 | 7,827 | 15,978 | 2,134 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 588 | 68 | 60 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 30,194 | -11,322 | 29,989 | 14,020 |
| Debtors | 1,776 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -2,303 | -1,966 | 3,799 | 880 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 37,094 | 4,362 | 12,236 | 680 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -3,227 | -6,345 | -900 | 29,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -18,106 | 2,465 | -1,252 | 18,674 |
| overdraft | 3,005 | 3,217 | 0 | 0 |
| change in cash | -21,111 | -752 | -1,252 | 18,674 |
mr auto solutions ltd Credit Report and Business Information
Mr Auto Solutions Ltd Competitor Analysis
Perform a competitor analysis for mr auto solutions 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 TS17 area or any other competitors across 12 key performance metrics.
mr auto solutions ltd Ownership
MR AUTO SOLUTIONS LTD group structure
Mr Auto Solutions Ltd has no subsidiary companies.
Ultimate parent company
MR AUTO SOLUTIONS LTD
12140414
mr auto solutions ltd directors
Mr Auto Solutions Ltd currently has 2 directors. The longest serving directors include Mr Naheed Rashid (Aug 2019) and Mr Mohammed Rashid (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Naheed Rashid | England | 41 years | Aug 2019 | - | Director |
| Mr Mohammed Rashid | England | 39 years | Aug 2019 | - | Director |
P&L
August 2023turnover
345.3k
+25%
operating profit
-16.5k
0%
gross margin
11.8%
+2.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-10.9k
-2.39%
total assets
68.7k
+0.3%
cash
1.8k
-0.91%
net assets
Total assets minus all liabilities
mr auto solutions ltd company details
company number
12140414
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
August 2019
age
5
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
mr auto salvage ltd (December 2019)
last accounts submitted
August 2023
address
unit 2 wilson street, thornaby-on-tees, TS17 7AR
accountant
DIRECT TAX ACCOUNTANTS
auditor
-
mr auto solutions 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 mr auto solutions ltd.
mr auto solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
