fairview vehicle solutions ltd

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fairview vehicle solutions ltd Company Information

Share FAIRVIEW VEHICLE SOLUTIONS LTD

Company Number

12243354

Directors

Miten Patel

Shareholders

glgi ltd

Group Structure

View All

Industry

Sale of used cars and light motor vehicles

 

Registered Address

160 wey house church street, weybridge, KT13 8NA

Website

-

fairview vehicle solutions ltd Estimated Valuation

£461.7k

Pomanda estimates the enterprise value of FAIRVIEW VEHICLE SOLUTIONS LTD at £461.7k based on a Turnover of £1.8m and 0.26x industry multiple (adjusted for size and gross margin).

fairview vehicle solutions ltd Estimated Valuation

£3.5m

Pomanda estimates the enterprise value of FAIRVIEW VEHICLE SOLUTIONS LTD at £3.5m based on an EBITDA of £854.7k and a 4.06x industry multiple (adjusted for size and gross margin).

fairview vehicle solutions ltd Estimated Valuation

£4.3m

Pomanda estimates the enterprise value of FAIRVIEW VEHICLE SOLUTIONS LTD at £4.3m based on Net Assets of £1.6m and 2.73x industry multiple (adjusted for liquidity).

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Fairview Vehicle Solutions Ltd Overview

Fairview Vehicle Solutions Ltd is a live company located in weybridge, KT13 8NA with a Companies House number of 12243354. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in October 2019, it's largest shareholder is glgi ltd with a 100% stake. Fairview Vehicle Solutions Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.8m with unknown growth in recent years.

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Fairview Vehicle Solutions Ltd Health Check

Pomanda's financial health check has awarded Fairview Vehicle Solutions Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £1.8m, make it smaller than the average company (£2.4m)

£1.8m - Fairview Vehicle Solutions Ltd

£2.4m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Fairview Vehicle Solutions Ltd

- - Industry AVG

production

Production

with a gross margin of 11.2%, this company has a comparable cost of product (11.2%)

11.2% - Fairview Vehicle Solutions Ltd

11.2% - Industry AVG

profitability

Profitability

an operating margin of 48% make it more profitable than the average company (2.9%)

48% - Fairview Vehicle Solutions Ltd

2.9% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (7)

4 - Fairview Vehicle Solutions Ltd

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £32k, the company has an equivalent pay structure (£32k)

£32k - Fairview Vehicle Solutions Ltd

£32k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £443.2k, this is equally as efficient (£463.6k)

£443.2k - Fairview Vehicle Solutions Ltd

£463.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 14 days, this is later than average (9 days)

14 days - Fairview Vehicle Solutions Ltd

9 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10 days, this is quicker than average (15 days)

10 days - Fairview Vehicle Solutions Ltd

15 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fairview Vehicle Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)

0 weeks - Fairview Vehicle Solutions Ltd

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22.6%, this is a lower level of debt than the average (69.3%)

22.6% - Fairview Vehicle Solutions Ltd

69.3% - Industry AVG

FAIRVIEW VEHICLE SOLUTIONS LTD financials

EXPORTms excel logo

Fairview Vehicle Solutions Ltd's latest turnover from May 2023 is estimated at £1.8 million and the company has net assets of £1.6 million. According to their latest financial statements, we estimate that Fairview Vehicle Solutions Ltd has 4 employees and maintains cash reserves of £5.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2023May 2022Oct 2021Oct 2020
Turnover1,772,8362,720,6911,083,026
Other Income Or Grants
Cost Of Sales1,575,0922,414,694965,792
Gross Profit197,745305,997117,234
Admin Expenses-653,184-614,170-106,474
Operating Profit850,929920,167223,708
Interest Payable
Interest Receivable2,72873216
Pre-Tax Profit853,657920,899223,723
Tax-213,414-174,971-42,507
Profit After Tax640,243745,928181,216
Dividends Paid
Retained Profit640,243745,928181,216
Employee Costs128,040225,11990,128
Number Of Employees473
EBITDA*854,678926,178227,993

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022Oct 2021Oct 2020
Tangible Assets10,02371,53629,994
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets10,02371,53629,994
Stock & work in progress
Trade Debtors70,230102,54911,700
Group Debtors1,921,6191,024,939234,684
Misc Debtors17,7921,500
Cash5,822115,43131,004100
misc current assets
total current assets2,015,4631,244,419277,388100
total assets2,025,4861,315,955307,382100
Bank overdraft
Bank loan
Trade Creditors 43,60616,15871,432
Group/Directors Accounts29,000
other short term finances
hp & lease commitments
other current liabilities414,393343,55354,634
total current liabilities457,999388,711126,066
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities457,999388,711126,066
net assets1,567,487927,244181,316100
total shareholders funds1,567,487927,244181,316100
May 2023May 2022Oct 2021Oct 2020
Operating Activities
Operating Profit850,929920,167223,708
Depreciation3,7496,0114,285
Amortisation
Tax-213,414-174,971-42,507
Stock
Debtors880,653882,604246,384
Creditors27,448-55,27471,432
Accruals and Deferred Income70,840288,91954,634
Deferred Taxes & Provisions
Cash flow from operations-141,101102,24865,168
Investing Activities
capital expenditure57,764-47,553-34,279
Change in Investments
cash flow from investments57,764-47,553-34,279
Financing Activities
Bank loans
Group/Directors Accounts-29,00029,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest2,72873216
cash flow from financing-26,27229,73216100
cash and cash equivalents
cash-109,60984,42730,904100
overdraft
change in cash-109,60984,42730,904100

fairview vehicle solutions ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for fairview vehicle solutions ltd. Get real-time insights into fairview vehicle solutions ltd's credit score, group structure and payment trends.

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Fairview Vehicle Solutions Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fairview vehicle solutions 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 KT13 area or any other competitors across 12 key performance metrics.

fairview vehicle solutions ltd Ownership

FAIRVIEW VEHICLE SOLUTIONS LTD group structure

Fairview Vehicle Solutions Ltd has no subsidiary companies.

Ultimate parent company

2 parents

FAIRVIEW VEHICLE SOLUTIONS LTD

12243354

FAIRVIEW VEHICLE SOLUTIONS LTD Shareholders

glgi ltd 100%

fairview vehicle solutions ltd directors

Fairview Vehicle Solutions Ltd currently has 1 director, Mr Miten Patel serving since Oct 2019.

officercountryagestartendrole
Mr Miten PatelUnited Kingdom43 years Oct 2019- Director

P&L

May 2023

turnover

1.8m

-35%

operating profit

850.9k

0%

gross margin

11.2%

-0.83%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2023

net assets

1.6m

+0.69%

total assets

2m

+0.54%

cash

5.8k

-0.95%

net assets

Total assets minus all liabilities

fairview vehicle solutions ltd company details

company number

12243354

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

October 2019

age

6

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

May 2023

previous names

N/A

accountant

FERGUSON MAIDMENT & CO

auditor

-

address

160 wey house church street, weybridge, KT13 8NA

Bank

-

Legal Advisor

-

fairview vehicle 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 found 1 charges/mortgages relating to fairview vehicle solutions ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

fairview vehicle solutions 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 FAIRVIEW VEHICLE SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.

fairview vehicle solutions ltd Companies House Filings - See Documents

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