Retail trade of motor vehicle parts and accessories
Registered Address
unit 8 harold close, harlow, CM19 5TH
Website
-
best auto parts ltdEstimated Valuation
£142k
Pomanda estimates the enterprise value of BEST AUTO PARTS LTD at £142k based on a Turnover of £618.9k and 0.23x industry multiple (adjusted for size and gross margin).
best auto parts ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of BEST AUTO PARTS LTD at £0 based on an EBITDA of £-163.2k and a 2.82x industry multiple (adjusted for size and gross margin).
best auto parts ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of BEST AUTO PARTS LTD at £0 based on Net Assets of £-146.2k and 2.36x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Best Auto Parts LtdOverview
Best Auto Parts Ltd is a live company located in harlow, CM19 5TH with a Companies House number of 12270077. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in October 2019, it's largest shareholder is
dincer ates
with a 100% stake. Best Auto Parts Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£618.9k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Best Auto Parts Ltd a 2 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
Health Rating2out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £618.9k, make it smaller than the average company (£7.3m)
£618.9k - Best Auto Parts Ltd
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (7.8%)
33% - Best Auto Parts Ltd
7.8% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (26.8%)
16.9% - Best Auto Parts Ltd
26.8% - Industry AVG
Profitability
an operating margin of -26.4% make it less profitable than the average company (4.3%)
-26.4% - Best Auto Parts Ltd
4.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (49)
1 - Best Auto Parts Ltd
49 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
£30.9k - Best Auto Parts Ltd
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £618.9k, this is more efficient (£189.5k)
£618.9k - Best Auto Parts Ltd
£189.5k - Industry AVG
Debtor Days
it gets paid by customers after 191 days, this is later than average (37 days)
191 days - Best Auto Parts Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (47 days)
7 days - Best Auto Parts Ltd
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Best Auto Parts Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Best Auto Parts Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 145.1%, this is a higher level of debt than the average (65.1%)
145.1% - Best Auto Parts Ltd
65.1% - Industry AVG
BEST AUTO PARTS LTD financials
EXPORT
Best Auto Parts Ltd's latest turnover from December 2023 is estimated at £618.9 thousand and the company has net assets of -£146.2 thousand. According to their latest financial statements, Best Auto Parts Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Oct 2022
Oct 2021
Oct 2020
Turnover
618,939
479,639
125,895
264,476
Other Income Or Grants
Cost Of Sales
514,568
399,053
102,100
216,663
Gross Profit
104,371
80,586
23,795
47,813
Admin Expenses
267,562
77,116
-6,219
57,937
Operating Profit
-163,191
3,470
30,014
-10,124
Interest Payable
Interest Receivable
Pre-Tax Profit
-163,191
3,470
30,014
-10,124
Tax
-659
-5,703
Profit After Tax
-163,191
2,811
24,311
-10,124
Dividends Paid
Retained Profit
-163,191
2,811
24,311
-10,124
Employee Costs
30,925
26,353
26,057
26,602
Number Of Employees
1
1
1
1
EBITDA*
-163,191
3,470
30,014
-10,124
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Oct 2022
Oct 2021
Oct 2020
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
324,473
177,772
47,720
78,050
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
324,473
177,772
47,720
78,050
total assets
324,473
177,772
47,720
78,050
Bank overdraft
Bank loan
Trade Creditors
10,254
160,774
33,533
88,174
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
10,254
160,774
33,533
88,174
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
460,412
provisions
total long term liabilities
460,412
total liabilities
470,666
160,774
33,533
88,174
net assets
-146,193
16,998
14,187
-10,124
total shareholders funds
-146,193
16,998
14,187
-10,124
Dec 2023
Oct 2022
Oct 2021
Oct 2020
Operating Activities
Operating Profit
-163,191
3,470
30,014
-10,124
Depreciation
Amortisation
Tax
-659
-5,703
Stock
Debtors
146,701
130,052
-30,330
78,050
Creditors
-150,520
127,241
-54,641
88,174
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-460,412
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
other long term liabilities
460,412
share issue
interest
cash flow from financing
460,412
cash and cash equivalents
cash
overdraft
change in cash
best auto parts 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 best auto parts ltd. Get real-time insights into best auto parts ltd's credit score, group structure and payment trends.
Perform a competitor analysis for best auto parts 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 CM19 area or any other competitors across 12 key performance metrics.
best auto parts ltd Ownership
BEST AUTO PARTS LTD group structure
Best Auto Parts Ltd has no subsidiary companies.
Ultimate parent company
BEST AUTO PARTS LTD
12270077
BEST AUTO PARTS LTD Shareholders
The sole shareholder of Best Auto Parts Ltd is Dincer Ates.
dincer ates
100%
best auto parts ltd directors
Best Auto Parts Ltd currently has 2 directors.
The longest serving directors include
Mr Yilmaz Turunc (Oct 2021) and
Mr Dincer Ates (Oct 2024).
45320 - Retail trade of motor vehicle parts and accessories
incorporation date
October 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
unit 8 harold close, harlow, CM19 5TH
Bank
-
Legal Advisor
-
best auto parts 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 best auto parts ltd.
best auto parts 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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best auto parts ltdCompanies House Filings - See Documents
