prestige car services limited
prestige car services limited Company Information
Company Number
13096247
Website
-Registered Address
3rd floor broadway house, 35 broad street, hereford, HR4 9AR
Industry
Sale of used cars and light motor vehicles
Sale of other motor vehicles
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
cathedral cars (hereford) limited 50%
rhtl ltd 25%
View Allprestige car services limited Estimated Valuation
Pomanda estimates the enterprise value of PRESTIGE CAR SERVICES LIMITED at £126.9k based on a Turnover of £658.2k and 0.19x industry multiple (adjusted for size and gross margin).
prestige car services limited Estimated Valuation
Pomanda estimates the enterprise value of PRESTIGE CAR SERVICES LIMITED at £0 based on an EBITDA of £-82.3k and a 2.78x industry multiple (adjusted for size and gross margin).
prestige car services limited Estimated Valuation
Pomanda estimates the enterprise value of PRESTIGE CAR SERVICES LIMITED at £0 based on Net Assets of £-314.2k and 3.05x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Prestige Car Services Limited Overview
Prestige Car Services Limited is a live company located in hereford, HR4 9AR with a Companies House number of 13096247. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in December 2020, it's largest shareholder is cathedral cars (hereford) limited with a 50% stake. Prestige Car Services Limited is a startup, small sized company, Pomanda has estimated its turnover at £658.2k with unknown growth in recent years.
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Prestige Car Services Limited Health Check
Pomanda's financial health check has awarded Prestige Car Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £658.2k, make it smaller than the average company (£17.2m)
- Prestige Car Services Limited
£17.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Prestige Car Services Limited
- - Industry AVG
Production
with a gross margin of 8.2%, this company has a higher cost of product (12.4%)
- Prestige Car Services Limited
12.4% - Industry AVG
Profitability
an operating margin of -12.5% make it less profitable than the average company (3.3%)
- Prestige Car Services Limited
3.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (37)
3 - Prestige Car Services Limited
37 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
- Prestige Car Services Limited
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £219.4k, this is less efficient (£511.9k)
- Prestige Car Services Limited
£511.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (13 days)
- Prestige Car Services Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 249 days, this is slower than average (30 days)
- Prestige Car Services Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is less than average (76 days)
- Prestige Car Services Limited
76 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (8 weeks)
5 weeks - Prestige Car Services Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 419.6%, this is a higher level of debt than the average (66.8%)
419.6% - Prestige Car Services Limited
66.8% - Industry AVG
PRESTIGE CAR SERVICES LIMITED financials
Prestige Car Services Limited's latest turnover from December 2023 is estimated at £658.2 thousand and the company has net assets of -£314.2 thousand. According to their latest financial statements, Prestige Car Services Limited has 3 employees and maintains cash reserves of £42 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| 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 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 267 | 534 | 801 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 267 | 534 | 801 |
| Stock & work in progress | 56,005 | 0 | 0 |
| Trade Debtors | 100 | 100 | 100 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 41,968 | 105,727 | 107,666 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 98,073 | 105,827 | 107,766 |
| total assets | 98,340 | 106,361 | 108,567 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 412,532 | 341,600 | 232,706 |
| 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 | 412,532 | 341,600 | 232,706 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 51 | 152 | 152 |
| total long term liabilities | 51 | 152 | 152 |
| total liabilities | 412,583 | 341,752 | 232,858 |
| net assets | -314,243 | -235,391 | -124,291 |
| total shareholders funds | -314,243 | -235,391 | -124,291 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 267 | 267 | 267 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 56,005 | 0 | 0 |
| Debtors | 0 | 0 | 100 |
| Creditors | 70,932 | 108,894 | 232,706 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -101 | 0 | 152 |
| 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 | -63,759 | -1,939 | 107,666 |
| overdraft | 0 | 0 | 0 |
| change in cash | -63,759 | -1,939 | 107,666 |
prestige car services limited Credit Report and Business Information
Prestige Car Services Limited Competitor Analysis
Perform a competitor analysis for prestige car services limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HR4 area or any other competitors across 12 key performance metrics.
prestige car services limited Ownership
PRESTIGE CAR SERVICES LIMITED group structure
Prestige Car Services Limited has no subsidiary companies.
Ultimate parent company
PRESTIGE CAR SERVICES LIMITED
13096247
prestige car services limited directors
Prestige Car Services Limited currently has 3 directors. The longest serving directors include Mr Russell Catley (Feb 2021) and Mr Alexander Catley (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Russell Catley | United Kingdom | 59 years | Feb 2021 | - | Director |
| Mr Alexander Catley | United Kingdom | 27 years | Nov 2021 | - | Director |
| Mr Joseph Catley | United Kingdom | 24 years | Nov 2023 | - | Director |
P&L
December 2023turnover
658.2k
-24%
operating profit
-82.5k
0%
gross margin
8.2%
-6.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-314.2k
+0.33%
total assets
98.3k
-0.08%
cash
42k
-0.6%
net assets
Total assets minus all liabilities
Similar Companies
prestige car services limited company details
company number
13096247
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
45190 - Sale of other motor vehicles
incorporation date
December 2020
age
4
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
ACRE ACCOUNTANCY LIMITED
auditor
-
address
3rd floor broadway house, 35 broad street, hereford, HR4 9AR
Bank
-
Legal Advisor
-
prestige car services 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 prestige car services limited.
prestige car services limited Companies House Filings - See Documents
| date | description | view/download |
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