
Group Structure
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Industry
Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
+1Registered Address
11 richview heights, keady, armagh, BT60 3SW
Website
www.gctyreservices.comPomanda estimates the enterprise value of GC TYRES AND ALIGNMENT LIMITED at £490.2k based on a Turnover of £1.5m and 0.32x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of GC TYRES AND ALIGNMENT LIMITED at £219.2k based on an EBITDA of £75.6k and a 2.9x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of GC TYRES AND ALIGNMENT LIMITED at £2m based on Net Assets of £795.6k and 2.57x industry multiple (adjusted for liquidity).
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Gc Tyres And Alignment Limited is a live company located in armagh, BT60 3SW with a Companies House number of NI063958. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in April 2007, it's largest shareholder is gareth carr with a 50% stake. Gc Tyres And Alignment Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with high growth in recent years.
Pomanda's financial health check has awarded Gc Tyres And Alignment Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£5.6m)
- Gc Tyres And Alignment Limited
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (12.5%)
- Gc Tyres And Alignment Limited
12.5% - Industry AVG
Production
with a gross margin of 26.9%, this company has a higher cost of product (43.6%)
- Gc Tyres And Alignment Limited
43.6% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (5.2%)
- Gc Tyres And Alignment Limited
5.2% - Industry AVG
Employees
with 7 employees, this is below the industry average (39)
7 - Gc Tyres And Alignment Limited
39 - Industry AVG
Pay Structure
on an average salary of £24.7k, the company has an equivalent pay structure (£24.7k)
- Gc Tyres And Alignment Limited
£24.7k - Industry AVG
Efficiency
resulting in sales per employee of £219.6k, this is more efficient (£122.6k)
- Gc Tyres And Alignment Limited
£122.6k - Industry AVG
Debtor Days
it gets paid by customers after 149 days, this is later than average (12 days)
- Gc Tyres And Alignment Limited
12 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (35 days)
- Gc Tyres And Alignment Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 58 days, this is less than average (86 days)
- Gc Tyres And Alignment Limited
86 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (24 weeks)
29 weeks - Gc Tyres And Alignment Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.1%, this is a lower level of debt than the average (61.8%)
27.1% - Gc Tyres And Alignment Limited
61.8% - Industry AVG
Gc Tyres And Alignment Limited's latest turnover from March 2024 is estimated at £1.5 million and the company has net assets of £795.6 thousand. According to their latest financial statements, Gc Tyres And Alignment Limited has 7 employees and maintains cash reserves of £120 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 7 | 7 | 8 | 7 | 10 | 7 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 146,674 | 145,112 | 114,185 | 139,558 | 135,766 | 112,164 | 95,585 | 92,113 | 88,441 | 64,074 | 57,646 | 66,382 | 76,801 | 95,683 | 87,956 |
Intangible Assets | 14,580 | 14,580 | 14,580 | 14,580 | 14,580 | 14,580 | 14,580 | 14,580 | 14,580 | 14,580 | 14,580 | 14,580 | 14,580 | 14,580 | 14,580 |
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 161,254 | 159,692 | 128,765 | 154,138 | 150,346 | 126,744 | 110,165 | 106,693 | 103,021 | 78,654 | 72,226 | 80,962 | 91,381 | 110,263 | 102,536 |
Stock & work in progress | 180,000 | 280,000 | 220,000 | 200,000 | 270,132 | 230,000 | 210,000 | 193,125 | 142,031 | 101,216 | 93,010 | 78,010 | 72,560 | 69,705 | 65,652 |
Trade Debtors | 629,478 | 460,716 | 427,500 | 322,102 | 175,110 | 330,558 | 314,589 | 290,389 | 312,416 | 316,609 | 292,434 | 317,469 | 300,749 | 254,729 | 215,660 |
Group Debtors | |||||||||||||||
Misc Debtors | |||||||||||||||
Cash | 120,048 | 134,255 | 218,871 | 170,000 | 73,000 | 42,601 | 122,069 | 79,737 | 70,273 | 61,605 | 44,753 | 10,975 | 32,975 | 7,244 | 207 |
misc current assets | |||||||||||||||
total current assets | 929,526 | 874,971 | 866,371 | 692,102 | 518,242 | 603,159 | 646,658 | 563,251 | 524,720 | 479,430 | 430,197 | 406,454 | 406,284 | 331,678 | 281,519 |
total assets | 1,090,780 | 1,034,663 | 995,136 | 846,240 | 668,588 | 729,903 | 756,823 | 669,944 | 627,741 | 558,084 | 502,423 | 487,416 | 497,665 | 441,941 | 384,055 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 209,983 | 237,832 | 308,609 | 217,054 | 119,004 | 243,571 | 324,048 | 308,079 | 298,384 | 278,604 | 293,662 | 294,864 | 334,433 | 288,223 | 270,910 |
Group/Directors Accounts | |||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | |||||||||||||||
total current liabilities | 209,983 | 237,832 | 308,609 | 217,054 | 119,004 | 243,571 | 324,048 | 308,079 | 298,384 | 278,604 | 293,662 | 294,864 | 334,433 | 288,223 | 270,910 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 40,168 | 33,841 | 22,721 | 33,957 | 23,299 | 27,095 | 13,061 | 6,007 | 6,000 | 27,522 | 51,611 | 51,700 | |||
provisions | 45,000 | 7,000 | 20,000 | 22,936 | 11,795 | ||||||||||
total long term liabilities | 85,168 | 40,841 | 20,000 | 22,936 | 11,795 | 22,721 | 33,957 | 23,299 | 27,095 | 13,061 | 6,007 | 6,000 | 27,522 | 51,611 | 51,700 |
total liabilities | 295,151 | 278,673 | 328,609 | 239,990 | 130,799 | 266,292 | 358,005 | 331,378 | 325,479 | 291,665 | 299,669 | 300,864 | 361,955 | 339,834 | 322,610 |
net assets | 795,629 | 755,990 | 666,527 | 606,250 | 537,789 | 463,611 | 398,818 | 338,566 | 302,262 | 266,419 | 202,754 | 186,552 | 135,710 | 102,107 | 61,445 |
total shareholders funds | 795,629 | 755,990 | 666,527 | 606,250 | 537,789 | 463,611 | 398,818 | 338,566 | 302,262 | 266,419 | 202,754 | 186,552 | 135,710 | 102,107 | 61,445 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 29,422 | 29,067 | 25,373 | 25,562 | 15,121 | 13,168 | 18,422 | 23,028 | 22,111 | 16,019 | 14,093 | 18,601 | 18,882 | 23,602 | |
Amortisation | |||||||||||||||
Tax | |||||||||||||||
Stock | -100,000 | 60,000 | 20,000 | -70,132 | 40,132 | 20,000 | 16,875 | 51,094 | 40,815 | 8,206 | 15,000 | 5,450 | 2,855 | 4,053 | 65,652 |
Debtors | 168,762 | 33,216 | 105,398 | 146,992 | -155,448 | 15,969 | 24,200 | -22,027 | -4,193 | 24,175 | -25,035 | 16,720 | 46,020 | 39,069 | 215,660 |
Creditors | -27,849 | -70,777 | 91,555 | 98,050 | -124,567 | -80,477 | 15,969 | 9,695 | 19,780 | -15,058 | -1,202 | -39,569 | 46,210 | 17,313 | 270,910 |
Accruals and Deferred Income | |||||||||||||||
Deferred Taxes & Provisions | 38,000 | -13,000 | -2,936 | 11,141 | 11,795 | ||||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | 6,327 | 33,841 | -22,721 | -11,236 | 10,658 | -3,796 | 14,034 | 7,054 | 7 | -21,522 | -24,089 | -89 | 51,700 | ||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -14,207 | -84,616 | 48,871 | 97,000 | 30,399 | -79,468 | 42,332 | 9,464 | 8,668 | 16,852 | 33,778 | -22,000 | 25,731 | 7,037 | 207 |
overdraft | |||||||||||||||
change in cash | -14,207 | -84,616 | 48,871 | 97,000 | 30,399 | -79,468 | 42,332 | 9,464 | 8,668 | 16,852 | 33,778 | -22,000 | 25,731 | 7,037 | 207 |
Perform a competitor analysis for gc tyres and alignment 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 BT60 area or any other competitors across 12 key performance metrics.
GC TYRES AND ALIGNMENT LIMITED group structure
Gc Tyres And Alignment Limited has no subsidiary companies.
Ultimate parent company
GC TYRES AND ALIGNMENT LIMITED
NI063958
Gc Tyres And Alignment Limited currently has 1 director, Mr Gareth Carr serving since Apr 2007.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gareth Carr | Northern Ireland | 53 years | Apr 2007 | - | Director |
P&L
March 2024turnover
1.5m
+31%
operating profit
46.2k
0%
gross margin
27%
+1.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
795.6k
+0.05%
total assets
1.1m
+0.05%
cash
120k
-0.11%
net assets
Total assets minus all liabilities
company number
NI063958
Type
Private limited with Share Capital
industry
47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
47190 - Other retail sale in non-specialised stores
incorporation date
April 2007
age
18
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
11 richview heights, keady, armagh, BT60 3SW
Bank
-
Legal Advisor
-
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 gc tyres and alignment limited.
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