contract vehicles rentals limited
contract vehicles rentals limited Company Information
Company Number
12693309
Next Accounts
Dec 2025
Shareholders
contract vehicles limited
Group Structure
View All
Industry
Renting and leasing of trucks
Registered Address
number one great exhibition way, kirkstall, leeds, LS5 3BF
Website
zenith.co.ukcontract vehicles rentals limited Estimated Valuation
Pomanda estimates the enterprise value of CONTRACT VEHICLES RENTALS LIMITED at £39.2m based on a Turnover of £41.5m and 0.94x industry multiple (adjusted for size and gross margin).
contract vehicles rentals limited Estimated Valuation
Pomanda estimates the enterprise value of CONTRACT VEHICLES RENTALS LIMITED at £11m based on an EBITDA of £2.7m and a 4.15x industry multiple (adjusted for size and gross margin).
contract vehicles rentals limited Estimated Valuation
Pomanda estimates the enterprise value of CONTRACT VEHICLES RENTALS LIMITED at £37.8m based on Net Assets of £14.7m and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Contract Vehicles Rentals Limited Overview
Contract Vehicles Rentals Limited is a live company located in leeds, LS5 3BF with a Companies House number of 12693309. It operates in the renting and leasing of trucks and other heavy vehicles sector, SIC Code 77120. Founded in June 2020, it's largest shareholder is contract vehicles limited with a 100% stake. Contract Vehicles Rentals Limited is a young, large sized company, Pomanda has estimated its turnover at £41.5m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Contract Vehicles Rentals Limited Health Check
Pomanda's financial health check has awarded Contract Vehicles Rentals Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £41.5m, make it larger than the average company (£13.6m)
£41.5m - Contract Vehicles Rentals Limited
£13.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (9.7%)
25% - Contract Vehicles Rentals Limited
9.7% - Industry AVG
Production
with a gross margin of 10.7%, this company has a higher cost of product (29.1%)
10.7% - Contract Vehicles Rentals Limited
29.1% - Industry AVG
Profitability
an operating margin of 4.3% make it less profitable than the average company (14.3%)
4.3% - Contract Vehicles Rentals Limited
14.3% - Industry AVG
Employees
with 36 employees, this is below the industry average (48)
36 - Contract Vehicles Rentals Limited
48 - Industry AVG
Pay Structure
on an average salary of £50.7k, the company has an equivalent pay structure (£45.3k)
£50.7k - Contract Vehicles Rentals Limited
£45.3k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£354.5k)
£1.2m - Contract Vehicles Rentals Limited
£354.5k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (52 days)
65 days - Contract Vehicles Rentals Limited
52 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Contract Vehicles Rentals Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Contract Vehicles Rentals Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (11 weeks)
17 weeks - Contract Vehicles Rentals Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.9%, this is a higher level of debt than the average (63.6%)
74.9% - Contract Vehicles Rentals Limited
63.6% - Industry AVG
CONTRACT VEHICLES RENTALS LIMITED financials
Contract Vehicles Rentals Limited's latest turnover from March 2024 is £41.5 million and the company has net assets of £14.7 million. According to their latest financial statements, Contract Vehicles Rentals Limited has 36 employees and maintains cash reserves of £8.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Turnover | 41,535,000 | 44,220,000 | 42,999,000 | 21,307,000 |
| Other Income Or Grants | ||||
| Cost Of Sales | 37,094,000 | 36,877,000 | 33,856,000 | 16,604,000 |
| Gross Profit | 4,441,000 | 7,343,000 | 9,143,000 | 4,703,000 |
| Admin Expenses | 2,652,000 | 2,895,000 | 2,806,000 | 2,105,000 |
| Operating Profit | 1,789,000 | 4,448,000 | 6,337,000 | 2,598,000 |
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | 1,789,000 | 4,448,000 | 6,337,000 | 2,598,000 |
| Tax | -146,000 | -238,000 | -106,000 | -14,000 |
| Profit After Tax | 1,643,000 | 4,210,000 | 6,231,000 | 2,584,000 |
| Dividends Paid | ||||
| Retained Profit | 1,643,000 | 4,210,000 | 6,231,000 | 2,584,000 |
| Employee Costs | 1,825,000 | 2,167,000 | 2,531,000 | 1,107,000 |
| Number Of Employees | 36 | 36 | 24 | 24 |
| EBITDA* | 2,656,000 | 5,134,000 | 6,778,000 | 2,771,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 2,972,000 | 2,359,000 | 1,134,000 | 413,000 |
| Intangible Assets | 4,710,000 | 5,005,000 | 5,139,000 | 5,408,000 |
| Investments & Other | ||||
| Debtors (Due After 1 year) | 18,057,000 | 13,717,000 | 10,347,000 | 9,670,000 |
| Total Fixed Assets | 25,739,000 | 21,081,000 | 16,620,000 | 15,491,000 |
| Stock & work in progress | ||||
| Trade Debtors | 7,489,000 | 9,176,000 | 7,030,000 | 6,884,000 |
| Group Debtors | 14,723,000 | 6,747,000 | 2,626,000 | |
| Misc Debtors | 1,179,000 | 704,000 | 125,000 | 3,468,000 |
| Cash | 8,430,000 | 5,808,000 | 4,392,000 | 3,106,000 |
| misc current assets | 814,000 | |||
| total current assets | 32,635,000 | 22,435,000 | 14,173,000 | 13,458,000 |
| total assets | 58,374,000 | 43,516,000 | 30,793,000 | 28,949,000 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 343,000 | 396,000 | ||
| Group/Directors Accounts | 23,557,000 | 14,202,000 | 5,638,000 | 9,082,000 |
| other short term finances | ||||
| hp & lease commitments | 2,513,000 | 3,492,000 | ||
| other current liabilities | 1,815,000 | 1,847,000 | 2,312,000 | 3,908,000 |
| total current liabilities | 25,372,000 | 16,392,000 | 10,859,000 | 16,482,000 |
| loans | ||||
| hp & lease commitments | 17,718,000 | 13,597,000 | 10,799,000 | 9,669,000 |
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 616,000 | 502,000 | 320,000 | 214,000 |
| total long term liabilities | 18,334,000 | 14,099,000 | 11,119,000 | 9,883,000 |
| total liabilities | 43,706,000 | 30,491,000 | 21,978,000 | 26,365,000 |
| net assets | 14,668,000 | 13,025,000 | 8,815,000 | 2,584,000 |
| total shareholders funds | 14,668,000 | 13,025,000 | 8,815,000 | 2,584,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 1,789,000 | 4,448,000 | 6,337,000 | 2,598,000 |
| Depreciation | 572,000 | 416,000 | 172,000 | 34,000 |
| Amortisation | 295,000 | 270,000 | 269,000 | 139,000 |
| Tax | -146,000 | -238,000 | -106,000 | -14,000 |
| Stock | ||||
| Debtors | 11,104,000 | 10,216,000 | 106,000 | 20,022,000 |
| Creditors | -343,000 | -53,000 | 396,000 | |
| Accruals and Deferred Income | -32,000 | -465,000 | -1,596,000 | 3,908,000 |
| Deferred Taxes & Provisions | 114,000 | 182,000 | 106,000 | 214,000 |
| Cash flow from operations | -8,855,000 | -5,656,000 | 5,472,000 | -13,143,000 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | 9,355,000 | 8,564,000 | -3,444,000 | 9,082,000 |
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | 4,121,000 | 285,000 | 151,000 | 13,161,000 |
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | 13,476,000 | 8,849,000 | -3,293,000 | 22,243,000 |
| cash and cash equivalents | ||||
| cash | 2,622,000 | 1,416,000 | 1,286,000 | 3,106,000 |
| overdraft | ||||
| change in cash | 2,622,000 | 1,416,000 | 1,286,000 | 3,106,000 |
contract vehicles rentals limited Credit Report and Business Information
Contract Vehicles Rentals Limited Competitor Analysis
Perform a competitor analysis for contract vehicles rentals limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in LS5 area or any other competitors across 12 key performance metrics.
contract vehicles rentals limited Ownership
CONTRACT VEHICLES RENTALS LIMITED group structure
Contract Vehicles Rentals Limited has no subsidiary companies.
Ultimate parent company
2 parents
CONTRACT VEHICLES RENTALS LIMITED
12693309
contract vehicles rentals limited directors
Contract Vehicles Rentals Limited currently has 8 directors. The longest serving directors include Mr Martin Jenkins (Sep 2020) and Mr Martin Jenkins (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Jenkins | England | 56 years | Sep 2020 | - | Director |
| Mr Martin Jenkins | United Kingdom | 56 years | Sep 2020 | - | Director |
| Mr Timothy Buchan | England | 61 years | Sep 2020 | - | Director |
| Mr Mark Phillips | England | 56 years | Sep 2020 | - | Director |
| Mr Eric Burns | England | 51 years | Apr 2022 | - | Director |
| Mr Philip Rodman | England | 68 years | Apr 2022 | - | Director |
| Ms Noelle Smithies | England | 51 years | Jun 2023 | - | Director |
| Mr Joshua Abbott | England | 33 years | Jun 2024 | - | Director |
P&L
March 2024turnover
41.5m
-6%
operating profit
1.8m
-60%
gross margin
10.7%
-35.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
14.7m
+0.13%
total assets
58.4m
+0.34%
cash
8.4m
+0.45%
net assets
Total assets minus all liabilities
Similar Companies
contract vehicles rentals limited company details
company number
12693309
Type
Private limited with Share Capital
industry
77120 - Renting and leasing of trucks
incorporation date
June 2020
age
5
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
hamsard 3577 limited (September 2020)
accountant
-
auditor
DELOITTE LLP
address
number one great exhibition way, kirkstall, leeds, LS5 3BF
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
contract vehicles rentals limited 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 7 charges/mortgages relating to contract vehicles rentals limited. Currently there are 5 open charges and 2 have been satisfied in the past.
contract vehicles rentals limited 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 CONTRACT VEHICLES RENTALS LIMITED. This can take several minutes, an email will notify you when this has completed.
contract vehicles rentals limited Companies House Filings - See Documents
| date | description | view/download |
|---|
