motocover ltd
motocover ltd Company Information
Group Structure
View All
Industry
Activities of insurance agents and brokers
Registered Address
c/o business bar hambledon road, denmead, waterlooville, PO7 6NU
Website
motocover.co.ukmotocover ltd Estimated Valuation
Pomanda estimates the enterprise value of MOTOCOVER LTD at £42.2k based on a Turnover of £53k and 0.8x industry multiple (adjusted for size and gross margin).
motocover ltd Estimated Valuation
Pomanda estimates the enterprise value of MOTOCOVER LTD at £0 based on an EBITDA of £-3.1k and a 4.85x industry multiple (adjusted for size and gross margin).
motocover ltd Estimated Valuation
Pomanda estimates the enterprise value of MOTOCOVER LTD at £126.2k based on Net Assets of £66.5k and 1.9x industry multiple (adjusted for liquidity).
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Motocover Ltd Overview
Motocover Ltd is a live company located in waterlooville, PO7 6NU with a Companies House number of 12775196. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in July 2020, it's largest shareholder is john harradine with a 100% stake. Motocover Ltd is a young, micro sized company, Pomanda has estimated its turnover at £53k with unknown growth in recent years.
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Motocover Ltd Health Check
Pomanda's financial health check has awarded Motocover Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
6 Weak
Size
annual sales of £53k, make it smaller than the average company (£3m)
- Motocover Ltd
£3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Motocover Ltd
- - Industry AVG
Production
with a gross margin of 61.7%, this company has a higher cost of product (94.4%)
- Motocover Ltd
94.4% - Industry AVG
Profitability
an operating margin of -5.8% make it less profitable than the average company (17.7%)
- Motocover Ltd
17.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
- Motocover Ltd
23 - Industry AVG
Pay Structure
on an average salary of £49.6k, the company has an equivalent pay structure (£49.6k)
- Motocover Ltd
£49.6k - Industry AVG
Efficiency
resulting in sales per employee of £53k, this is less efficient (£116.1k)
- Motocover Ltd
£116.1k - Industry AVG
Debtor Days
it gets paid by customers after 192 days, this is later than average (75 days)
- Motocover Ltd
75 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Motocover Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Motocover Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Motocover Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Motocover Ltd
- - Industry AVG
MOTOCOVER LTD financials
Motocover Ltd's latest turnover from December 2022 is estimated at £53 thousand and the company has net assets of £66.5 thousand. According to their latest financial statements, we estimate that Motocover Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Tangible Assets | 38,515 | 49,915 | 24,480 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 38,515 | 49,915 | 24,480 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 27,947 | 22,219 | 1,167 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 27,947 | 22,219 | 1,167 |
| total assets | 66,462 | 72,134 | 25,647 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 0 | 2,601 | 31,201 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 0 | 2,601 | 31,201 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 0 | 2,601 | 31,201 |
| net assets | 66,462 | 69,533 | -5,554 |
| total shareholders funds | 66,462 | 69,533 | -5,554 |
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 5,728 | 21,052 | 1,167 |
| Creditors | -2,601 | -28,600 | 31,201 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
motocover ltd Credit Report and Business Information
Motocover Ltd Competitor Analysis
Perform a competitor analysis for motocover ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in PO7 area or any other competitors across 12 key performance metrics.
motocover ltd Ownership
MOTOCOVER LTD group structure
Motocover Ltd has no subsidiary companies.
Ultimate parent company
MOTOCOVER LTD
12775196
motocover ltd directors
Motocover Ltd currently has 1 director, Mr John Harradine serving since Jul 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Harradine | United Kingdom | 58 years | Jul 2020 | - | Director |
P&L
December 2022turnover
53k
+56%
operating profit
-3.1k
0%
gross margin
61.8%
+0.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
66.5k
-0.04%
total assets
66.5k
-0.08%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
motocover ltd company details
company number
12775196
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
July 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
c/o business bar hambledon road, denmead, waterlooville, PO7 6NU
Bank
-
Legal Advisor
-
motocover 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 motocover ltd.
motocover 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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motocover ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
