Wholesale trade of motor vehicle parts and accessories
Registered Address
suite 4 48 westgate, skelmersdale, WN8 8AZ
Website
-
just tyres commercial (nw) ltdEstimated Valuation
£152.8k
Pomanda estimates the enterprise value of JUST TYRES COMMERCIAL (NW) LTD at £152.8k based on a Turnover of £547.3k and 0.28x industry multiple (adjusted for size and gross margin).
just tyres commercial (nw) ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of JUST TYRES COMMERCIAL (NW) LTD at £0 based on an EBITDA of £-211 and a 3.73x industry multiple (adjusted for size and gross margin).
just tyres commercial (nw) ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of JUST TYRES COMMERCIAL (NW) LTD at £0 based on Net Assets of £-29.2k and 2.22x industry multiple (adjusted for liquidity).
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Just Tyres Commercial (nw) LtdOverview
Just Tyres Commercial (nw) Ltd is a live company located in skelmersdale, WN8 8AZ with a Companies House number of 12789756. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in August 2020, it's largest shareholder is
andrew corrigan
with a 80% stake. Just Tyres Commercial (nw) Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£547.3k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Just Tyres Commercial (Nw) Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
4 Weak
Size
annual sales of £547.3k, make it smaller than the average company (£16m)
£547.3k - Just Tyres Commercial (nw) Ltd
£16m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Just Tyres Commercial (nw) Ltd
- - Industry AVG
Production
with a gross margin of 28.4%, this company has a comparable cost of product (28.4%)
28.4% - Just Tyres Commercial (nw) Ltd
28.4% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (5.2%)
-0.4% - Just Tyres Commercial (nw) Ltd
5.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (52)
2 - Just Tyres Commercial (nw) Ltd
52 - Industry AVG
Pay Structure
on an average salary of £35.1k, the company has an equivalent pay structure (£35.1k)
£35.1k - Just Tyres Commercial (nw) Ltd
£35.1k - Industry AVG
Efficiency
resulting in sales per employee of £273.7k, this is equally as efficient (£273.7k)
£273.7k - Just Tyres Commercial (nw) Ltd
£273.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Just Tyres Commercial (nw) Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Just Tyres Commercial (nw) Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Just Tyres Commercial (nw) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 21 weeks, this is more cash available to meet short term requirements (9 weeks)
21 weeks - Just Tyres Commercial (nw) Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 197.7%, this is a higher level of debt than the average (51%)
197.7% - Just Tyres Commercial (nw) Ltd
51% - Industry AVG
JUST TYRES COMMERCIAL (NW) LTD financials
EXPORT
Just Tyres Commercial (Nw) Ltd's latest turnover from August 2023 is estimated at £547.3 thousand and the company has net assets of -£29.2 thousand. According to their latest financial statements, Just Tyres Commercial (Nw) Ltd has 2 employees and maintains cash reserves of £24.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Turnover
547,312
554,032
486,176
Other Income Or Grants
Cost Of Sales
392,065
400,302
361,775
Gross Profit
155,247
153,730
124,401
Admin Expenses
157,529
191,609
111,777
Operating Profit
-2,282
-37,879
12,624
Interest Payable
Interest Receivable
697
76
3
Pre-Tax Profit
-1,585
-37,803
12,627
Tax
-2,399
Profit After Tax
-1,585
-37,803
10,228
Dividends Paid
Retained Profit
-1,585
-37,803
10,228
Employee Costs
70,126
68,167
66,443
Number Of Employees
2
2
2
EBITDA*
-211
-35,808
14,695
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Tangible Assets
5,527
7,598
9,669
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
5,527
7,598
9,669
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash
24,323
2,235
6,426
misc current assets
total current assets
24,323
2,235
6,426
total assets
29,850
9,833
16,095
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
42,625
14,526
1,433
other short term finances
hp & lease commitments
other current liabilities
16,375
22,872
4,433
total current liabilities
59,000
37,398
5,866
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
59,000
37,398
5,866
net assets
-29,150
-27,565
10,229
total shareholders funds
-29,150
-27,565
10,229
Aug 2023
Aug 2022
Aug 2021
Operating Activities
Operating Profit
-2,282
-37,879
12,624
Depreciation
2,071
2,071
2,071
Amortisation
Tax
-2,399
Stock
Debtors
Creditors
Accruals and Deferred Income
-6,497
18,439
4,433
Deferred Taxes & Provisions
Cash flow from operations
-6,708
-17,369
16,729
Investing Activities
capital expenditure
-11,740
Change in Investments
cash flow from investments
-11,740
Financing Activities
Bank loans
Group/Directors Accounts
28,099
13,093
1,433
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
9
1
interest
697
76
3
cash flow from financing
28,796
13,178
1,437
cash and cash equivalents
cash
22,088
-4,191
6,426
overdraft
change in cash
22,088
-4,191
6,426
just tyres commercial (nw) 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 just tyres commercial (nw) ltd. Get real-time insights into just tyres commercial (nw) ltd's credit score, group structure and payment trends.
Just Tyres Commercial (nw) Ltd Competitor Analysis
Perform a competitor analysis for just tyres commercial (nw) 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 WN8 area or any other competitors across 12 key performance metrics.
just tyres commercial (nw) ltd Ownership
JUST TYRES COMMERCIAL (NW) LTD group structure
Just Tyres Commercial (Nw) Ltd has no subsidiary companies.
Ultimate parent company
JUST TYRES COMMERCIAL (NW) LTD
12789756
JUST TYRES COMMERCIAL (NW) LTD Shareholders
The largest shareholders in Just Tyres Commercial (Nw) Ltd include Andrew Corrigan and Michael Norton.
andrew corrigan
80%
michael norton
20%
just tyres commercial (nw) ltd directors
Just Tyres Commercial (Nw) Ltd currently has 2 directors.
The longest serving directors include
Mr Andrew Corrigan (Aug 2020) and
Mr Michael Norton (Jun 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023
net assets
-29.2k
+0.06%
total assets
29.9k
+2.04%
cash
24.3k
+9.88%
net assets
Total assets minus all liabilities
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just tyres commercial (nw) ltd company details
company number
12789756
Type
Private limited with Share Capital
industry
45310 - Wholesale trade of motor vehicle parts and accessories
incorporation date
August 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
just tyres (nw) ltd (June 2022)
accountant
-
auditor
-
address
suite 4 48 westgate, skelmersdale, WN8 8AZ
Bank
-
Legal Advisor
-
just tyres commercial (nw) 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 just tyres commercial (nw) ltd.
just tyres commercial (nw) 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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just tyres commercial (nw) ltdCompanies House Filings - See Documents
