an tyres & company ltd

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an tyres & company ltd Company Information

Share AN TYRES & COMPANY LTD

Company Number

12547306

Directors

Ahmad Chishti

Awais Ilyas

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Shareholders

awais ilyas

mobeen zia

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Group Structure

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Industry

Maintenance and repair of motor vehicles

 +1

Registered Address

an tyres square hill road, maidstone, ME15 7TL

an tyres & company ltd Estimated Valuation

£176.5k

Pomanda estimates the enterprise value of AN TYRES & COMPANY LTD at £176.5k based on a Turnover of £388.7k and 0.45x industry multiple (adjusted for size and gross margin).

an tyres & company ltd Estimated Valuation

£26.2k

Pomanda estimates the enterprise value of AN TYRES & COMPANY LTD at £26.2k based on an EBITDA of £6.4k and a 4.08x industry multiple (adjusted for size and gross margin).

an tyres & company ltd Estimated Valuation

£149.3k

Pomanda estimates the enterprise value of AN TYRES & COMPANY LTD at £149.3k based on Net Assets of £62.3k and 2.4x industry multiple (adjusted for liquidity).

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An Tyres & Company Ltd Overview

An Tyres & Company Ltd is a live company located in maidstone, ME15 7TL with a Companies House number of 12547306. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in April 2020, it's largest shareholder is awais ilyas with a 40% stake. An Tyres & Company Ltd is a young, micro sized company, Pomanda has estimated its turnover at £388.7k with high growth in recent years.

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An Tyres & Company Ltd Health Check

Pomanda's financial health check has awarded An Tyres & Company Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £388.7k, make it smaller than the average company (£621k)

£388.7k - An Tyres & Company Ltd

£621k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (11.6%)

23% - An Tyres & Company Ltd

11.6% - Industry AVG

production

Production

with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)

37.9% - An Tyres & Company Ltd

37.9% - Industry AVG

profitability

Profitability

an operating margin of 0.9% make it less profitable than the average company (6.1%)

0.9% - An Tyres & Company Ltd

6.1% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (9)

6 - An Tyres & Company Ltd

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.3k, the company has an equivalent pay structure (£30.3k)

£30.3k - An Tyres & Company Ltd

£30.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £64.8k, this is less efficient (£92.1k)

£64.8k - An Tyres & Company Ltd

£92.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - An Tyres & Company Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is quicker than average (39 days)

27 days - An Tyres & Company Ltd

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 117 days, this is more than average (29 days)

117 days - An Tyres & Company Ltd

29 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (31 weeks)

0 weeks - An Tyres & Company Ltd

31 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 59.8%, this is a similar level of debt than the average (54.9%)

59.8% - An Tyres & Company Ltd

54.9% - Industry AVG

AN TYRES & COMPANY LTD financials

EXPORTms excel logo

An Tyres & Company Ltd's latest turnover from April 2024 is estimated at £388.7 thousand and the company has net assets of £62.3 thousand. According to their latest financial statements, An Tyres & Company Ltd has 6 employees and maintains cash reserves of £973 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021
Turnover388,673253,477305,581210,291
Other Income Or Grants
Cost Of Sales241,238157,215142,687132,999
Gross Profit147,43596,263162,89477,292
Admin Expenses143,86490,654125,53524,563
Operating Profit3,5715,60937,35952,729
Interest Payable
Interest Receivable47313
Pre-Tax Profit3,6195,64037,35952,732
Tax-905-1,410-7,851-10,019
Profit After Tax2,7144,23029,50842,713
Dividends Paid
Retained Profit2,7144,23029,50842,713
Employee Costs181,770173,33785,38779,206
Number Of Employees6663
EBITDA*6,4328,97541,31952,729

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021
Tangible Assets16,21319,07422,44026,400
Intangible Assets60,00060,00060,00060,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets76,21379,07482,44086,400
Stock & work in progress77,61090,55664,35022,500
Trade Debtors293
Group Debtors
Misc Debtors
Cash9738306315,429
misc current assets
total current assets78,58391,67964,98127,929
total assets154,796170,753147,421114,329
Bank overdraft
Bank loan
Trade Creditors 18,2449,0771,746
Group/Directors Accounts59,28980,59673,05359,736
other short term finances
hp & lease commitments
other current liabilities14,99821,52917,30111,780
total current liabilities92,531111,20292,10071,516
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities92,531111,20292,10071,516
net assets62,26559,55155,32142,813
total shareholders funds62,26559,55155,32142,813
Apr 2024Apr 2023Apr 2022Apr 2021
Operating Activities
Operating Profit3,5715,60937,35952,729
Depreciation2,8613,3663,960
Amortisation
Tax-905-1,410-7,851-10,019
Stock-12,94626,20641,85022,500
Debtors-293293
Creditors9,1677,3311,746
Accruals and Deferred Income-6,5314,2285,52111,780
Deferred Taxes & Provisions
Cash flow from operations21,402-7,375-1,11531,990
Investing Activities
capital expenditure-86,400
Change in Investments
cash flow from investments-86,400
Financing Activities
Bank loans
Group/Directors Accounts-21,3077,54313,31759,736
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-17,000100
interest47313
cash flow from financing-21,2607,574-3,68359,839
cash and cash equivalents
cash143199-4,7985,429
overdraft
change in cash143199-4,7985,429

an tyres & company ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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An Tyres & Company Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for an tyres & company 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 ME15 area or any other competitors across 12 key performance metrics.

an tyres & company ltd Ownership

AN TYRES & COMPANY LTD group structure

An Tyres & Company Ltd has no subsidiary companies.

Ultimate parent company

AN TYRES & COMPANY LTD

12547306

AN TYRES & COMPANY LTD Shareholders

awais ilyas 40%
mobeen zia 30%
ahmad amin chishti 30%

an tyres & company ltd directors

An Tyres & Company Ltd currently has 3 directors. The longest serving directors include Mr Ahmad Chishti (Apr 2020) and Mr Awais Ilyas (Apr 2020).

officercountryagestartendrole
Mr Ahmad ChishtiEngland31 years Apr 2020- Director
Mr Awais IlyasEngland40 years Apr 2020- Director
Mr Mobeen ZiaEngland44 years May 2022- Director

P&L

April 2024

turnover

388.7k

+53%

operating profit

3.6k

0%

gross margin

38%

-0.12%

turnover

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

Balance Sheet

April 2024

net assets

62.3k

+0.05%

total assets

154.8k

-0.09%

cash

973

+0.17%

net assets

Total assets minus all liabilities

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an tyres & company ltd company details

company number

12547306

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

96090 - Other personal service activities n.e.c.

incorporation date

April 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

an tyres new ltd (April 2020)

rovigo grill ltd (April 2020)

accountant

TAXAUDIT ACCOUNTANTS LTD

auditor

-

address

an tyres square hill road, maidstone, ME15 7TL

Bank

-

Legal Advisor

-

an tyres & company 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 an tyres & company ltd.

an tyres & company 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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an tyres & company ltd Companies House Filings - See Documents

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