meritor aftermarket europe limited
meritor aftermarket europe limited Company Information
Company Number
13057339
Next Accounts
Sep 2025
Shareholders
meritor aftermarket switzerland ag
Group Structure
View All
Industry
Wholesale trade of motor vehicle parts and accessories
Registered Address
grange road, cwmbran, gwent, NP44 3XU
Website
-meritor aftermarket europe limited Estimated Valuation
Pomanda estimates the enterprise value of MERITOR AFTERMARKET EUROPE LIMITED at £41m based on a Turnover of £88.5m and 0.46x industry multiple (adjusted for size and gross margin).
meritor aftermarket europe limited Estimated Valuation
Pomanda estimates the enterprise value of MERITOR AFTERMARKET EUROPE LIMITED at £0 based on an EBITDA of £-542k and a 6.05x industry multiple (adjusted for size and gross margin).
meritor aftermarket europe limited Estimated Valuation
Pomanda estimates the enterprise value of MERITOR AFTERMARKET EUROPE LIMITED at £51.8m based on Net Assets of £21.8m and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Meritor Aftermarket Europe Limited Overview
Meritor Aftermarket Europe Limited is a live company located in gwent, NP44 3XU with a Companies House number of 13057339. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in December 2020, it's largest shareholder is meritor aftermarket switzerland ag with a 100% stake. Meritor Aftermarket Europe Limited is a young, large sized company, Pomanda has estimated its turnover at £88.5m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Meritor Aftermarket Europe Limited Health Check
Pomanda's financial health check has awarded Meritor Aftermarket Europe Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £88.5m, make it larger than the average company (£16.8m)
£88.5m - Meritor Aftermarket Europe Limited
£16.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Meritor Aftermarket Europe Limited
- - Industry AVG
Production
with a gross margin of 15.6%, this company has a higher cost of product (28.5%)
15.6% - Meritor Aftermarket Europe Limited
28.5% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (5.4%)
-0.7% - Meritor Aftermarket Europe Limited
5.4% - Industry AVG
Employees
with 52 employees, this is similar to the industry average (52)
52 - Meritor Aftermarket Europe Limited
52 - Industry AVG
Pay Structure
on an average salary of £137.5k, the company has a higher pay structure (£37.8k)
£137.5k - Meritor Aftermarket Europe Limited
£37.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.7m, this is more efficient (£289.4k)
£1.7m - Meritor Aftermarket Europe Limited
£289.4k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is near the average (50 days)
55 days - Meritor Aftermarket Europe Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (38 days)
18 days - Meritor Aftermarket Europe Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 94 days, this is in line with average (101 days)
94 days - Meritor Aftermarket Europe Limited
101 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Meritor Aftermarket Europe Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38%, this is a lower level of debt than the average (49.9%)
38% - Meritor Aftermarket Europe Limited
49.9% - Industry AVG
MERITOR AFTERMARKET EUROPE LIMITED financials
Meritor Aftermarket Europe Limited's latest turnover from December 2023 is £88.5 million and the company has net assets of £21.8 million. According to their latest financial statements, Meritor Aftermarket Europe Limited has 52 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Jun 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 88,523,303 | ||
| Other Income Or Grants | |||
| Cost Of Sales | 74,715,468 | ||
| Gross Profit | 13,807,835 | ||
| Admin Expenses | 14,449,510 | ||
| Operating Profit | -641,675 | ||
| Interest Payable | 153,664 | ||
| Interest Receivable | |||
| Pre-Tax Profit | -795,339 | ||
| Tax | |||
| Profit After Tax | -795,339 | ||
| Dividends Paid | |||
| Retained Profit | -795,339 | ||
| Employee Costs | 7,152,145 | ||
| Number Of Employees | 52 | ||
| EBITDA* | -542,047 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Jun 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 165,484 | ||
| Intangible Assets | 571,597 | ||
| Investments & Other | 1 | 1 | |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 737,082 | 1 | 1 |
| Stock & work in progress | 19,317,798 | ||
| Trade Debtors | 13,401,722 | ||
| Group Debtors | 980,243 | ||
| Misc Debtors | 733,704 | ||
| Cash | |||
| misc current assets | |||
| total current assets | 34,433,468 | ||
| total assets | 35,170,550 | 1 | 1 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 3,804,458 | ||
| Group/Directors Accounts | 4,973,826 | ||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 4,479,905 | ||
| total current liabilities | 13,258,190 | ||
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 109,760 | ||
| total long term liabilities | 109,760 | ||
| total liabilities | 13,367,950 | ||
| net assets | 21,802,600 | 1 | 1 |
| total shareholders funds | 21,802,600 | 1 | 1 |
| Dec 2023 | Jun 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -641,675 | ||
| Depreciation | 99,629 | ||
| Amortisation | |||
| Tax | |||
| Stock | 19,317,798 | ||
| Debtors | 15,115,670 | ||
| Creditors | 3,804,458 | ||
| Accruals and Deferred Income | 4,479,905 | ||
| Deferred Taxes & Provisions | 109,760 | ||
| Cash flow from operations | -26,581,391 | ||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | -1 | 1 | |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 4,973,826 | ||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | -153,664 | ||
| cash flow from financing | 27,418,100 | ||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
meritor aftermarket europe limited Credit Report and Business Information
Meritor Aftermarket Europe Limited Competitor Analysis
Perform a competitor analysis for meritor aftermarket europe limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in NP44 area or any other competitors across 12 key performance metrics.
meritor aftermarket europe limited Ownership
MERITOR AFTERMARKET EUROPE LIMITED group structure
Meritor Aftermarket Europe Limited has no subsidiary companies.
Ultimate parent company
MERITOR AFTERMARKET EUROPE LIMITED
13057339
meritor aftermarket europe limited directors
Meritor Aftermarket Europe Limited currently has 5 directors. The longest serving directors include Mr Huw James (Dec 2020) and Mr Huw James (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Huw James | United Kingdom | 45 years | Dec 2020 | - | Director |
| Mr Huw James | United Kingdom | 45 years | Dec 2020 | - | Director |
| Ms Stephane Janiszewski | 56 years | Aug 2024 | - | Director | |
| Mr Will Stumpf | United Kingdom | 46 years | Aug 2024 | - | Director |
| Mr Amerigo Holthouse | England | 44 years | Aug 2024 | - | Director |
P&L
December 2023turnover
88.5m
0%
operating profit
-641.7k
0%
gross margin
15.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
21.8m
+21802599.47%
total assets
35.2m
+35170549.48%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
meritor aftermarket europe limited company details
company number
13057339
Type
Private limited with Share Capital
industry
45310 - Wholesale trade of motor vehicle parts and accessories
incorporation date
December 2020
age
5
incorporated
UK
ultimate parent company
accounts
Medium Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
grange road, cwmbran, gwent, NP44 3XU
Bank
-
Legal Advisor
-
meritor aftermarket europe 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 did not find charges/mortgages relating to meritor aftermarket europe limited.
meritor aftermarket europe 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 MERITOR AFTERMARKET EUROPE LIMITED. This can take several minutes, an email will notify you when this has completed.
meritor aftermarket europe limited Companies House Filings - See Documents
| date | description | view/download |
|---|
