carzam ltd
carzam ltd Company Information
Company Number
12209537
Next Accounts
880 days late
Shareholders
john bailey
peter waddell holdco limited
View AllGroup Structure
View All
Industry
Sale of used cars and light motor vehicles
Registered Address
c/o evelyn partners llp, 45 gresham street, london, EC2V 7BG
Website
carzam.co.ukcarzam ltd Estimated Valuation
Pomanda estimates the enterprise value of CARZAM LTD at £391.3k based on a Turnover of £3.1m and 0.12x industry multiple (adjusted for size and gross margin).
carzam ltd Estimated Valuation
Pomanda estimates the enterprise value of CARZAM LTD at £0 based on an EBITDA of £-2.1m and a 1.6x industry multiple (adjusted for size and gross margin).
carzam ltd Estimated Valuation
Pomanda estimates the enterprise value of CARZAM LTD at £0 based on Net Assets of £-734.4k and 2.98x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Carzam Ltd Overview
Carzam Ltd is a live company located in london, EC2V 7BG with a Companies House number of 12209537. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in September 2019, it's largest shareholder is john bailey with a 47.4% stake. Carzam Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.1m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Carzam Ltd Health Check
Pomanda's financial health check has awarded Carzam Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £3.1m, make it smaller than the average company (£4.7m)
£3.1m - Carzam Ltd
£4.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Carzam Ltd
- - Industry AVG
Production
with a gross margin of -2.9%, this company has a higher cost of product (10.4%)
-2.9% - Carzam Ltd
10.4% - Industry AVG
Profitability
an operating margin of -69.2% make it less profitable than the average company (2.1%)
-69.2% - Carzam Ltd
2.1% - Industry AVG
Employees
with 11 employees, this is below the industry average (22)
11 - Carzam Ltd
22 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)
- Carzam Ltd
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £286.4k, this is less efficient (£367.2k)
£286.4k - Carzam Ltd
£367.2k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is later than average (8 days)
19 days - Carzam Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is slower than average (16 days)
25 days - Carzam Ltd
16 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (63 days)
17 days - Carzam Ltd
63 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 149 weeks, this is more cash available to meet short term requirements (9 weeks)
149 weeks - Carzam Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 107.8%, this is a higher level of debt than the average (68.9%)
107.8% - Carzam Ltd
68.9% - Industry AVG
CARZAM LTD financials
Carzam Ltd's latest turnover from December 2020 is £3.1 million and the company has net assets of -£734.4 thousand. According to their latest financial statements, Carzam Ltd has 11 employees and maintains cash reserves of £4.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | |
|---|---|
| Turnover | 3,149,965 |
| Other Income Or Grants | |
| Cost Of Sales | 3,242,950 |
| Gross Profit | -92,985 |
| Admin Expenses | 2,085,614 |
| Operating Profit | -2,178,599 |
| Interest Payable | 316,792 |
| Interest Receivable | |
| Pre-Tax Profit | -2,495,391 |
| Tax | |
| Profit After Tax | -2,495,391 |
| Dividends Paid | |
| Retained Profit | -2,495,391 |
| Employee Costs | |
| Number Of Employees | 11 |
| EBITDA* | -2,116,277 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | |
|---|---|
| Tangible Assets | 549,945 |
| Intangible Assets | 232,439 |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 782,384 |
| Stock & work in progress | 156,150 |
| Trade Debtors | 170,895 |
| Group Debtors | 3,176,539 |
| Misc Debtors | 653,725 |
| Cash | 4,450,465 |
| misc current assets | |
| total current assets | 8,607,774 |
| total assets | 9,390,158 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 226,823 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | 52,093 |
| other current liabilities | 1,268,821 |
| total current liabilities | 1,547,737 |
| loans | |
| hp & lease commitments | 136,812 |
| Accruals and Deferred Income | |
| other liabilities | 8,440,000 |
| provisions | |
| total long term liabilities | 8,576,812 |
| total liabilities | 10,124,549 |
| net assets | -734,391 |
| total shareholders funds | -734,391 |
| Dec 2020 | |
|---|---|
| Operating Activities | |
| Operating Profit | -2,178,599 |
| Depreciation | 62,322 |
| Amortisation | |
| Tax | |
| Stock | 156,150 |
| Debtors | 4,001,159 |
| Creditors | 226,823 |
| Accruals and Deferred Income | 1,268,821 |
| Deferred Taxes & Provisions | |
| Cash flow from operations | -4,777,942 |
| 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 | 188,905 |
| other long term liabilities | 8,440,000 |
| share issue | |
| interest | -316,792 |
| cash flow from financing | 10,073,113 |
| cash and cash equivalents | |
| cash | 4,450,465 |
| overdraft | |
| change in cash | 4,450,465 |
carzam ltd Credit Report and Business Information
Carzam Ltd Competitor Analysis
Perform a competitor analysis for carzam 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 EC2V area or any other competitors across 12 key performance metrics.
carzam ltd Ownership
CARZAM LTD group structure
Carzam Ltd has no subsidiary companies.
Ultimate parent company
CARZAM LTD
12209537
carzam ltd directors
Carzam Ltd currently has 3 directors. The longest serving directors include Mr Michael Watts (Sep 2019) and Mr Peter Waddell (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Watts | England | 51 years | Sep 2019 | - | Director |
| Mr Peter Waddell | England | 59 years | Jun 2020 | - | Director |
| Mr Michael Buxton | England | 59 years | Jan 2021 | - | Director |
P&L
December 2020turnover
3.1m
0%
operating profit
-2.2m
0%
gross margin
-2.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
-734.4k
0%
total assets
9.4m
0%
cash
4.5m
0%
net assets
Total assets minus all liabilities
Similar Companies
carzam ltd company details
company number
12209537
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
September 2019
age
6
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2020
previous names
N/A
accountant
-
auditor
KPMG LLP
address
c/o evelyn partners llp, 45 gresham street, london, EC2V 7BG
Bank
NAT WEST
Legal Advisor
-
carzam 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 found 1 charges/mortgages relating to carzam ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
carzam 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 CARZAM LTD. This can take several minutes, an email will notify you when this has completed.
carzam ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
