gc tyres and alignment limited

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gc tyres and alignment limited Company Information

Share GC TYRES AND ALIGNMENT LIMITED

Company Number

NI063958

Directors

Gareth Carr

Shareholders

gareth carr

siobhan carr

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

 +1

Registered Address

11 richview heights, keady, armagh, BT60 3SW

gc tyres and alignment limited Estimated Valuation

£490.2k

Pomanda 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).

gc tyres and alignment limited Estimated Valuation

£219.2k

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).

gc tyres and alignment limited Estimated Valuation

£2m

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 Overview

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.

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Gc Tyres And Alignment Limited Health Check

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

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £1.5m, make it smaller than the average company (£5.6m)

£1.5m - Gc Tyres And Alignment Limited

£5.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (12.5%)

22% - Gc Tyres And Alignment Limited

12.5% - Industry AVG

production

Production

with a gross margin of 26.9%, this company has a higher cost of product (43.6%)

26.9% - Gc Tyres And Alignment Limited

43.6% - Industry AVG

profitability

Profitability

an operating margin of 3% make it less profitable than the average company (5.2%)

3% - Gc Tyres And Alignment Limited

5.2% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (39)

7 - Gc Tyres And Alignment Limited

39 - Industry AVG

paystructure

Pay Structure

on an average salary of £24.7k, the company has an equivalent pay structure (£24.7k)

£24.7k - Gc Tyres And Alignment Limited

£24.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £219.6k, this is more efficient (£122.6k)

£219.6k - Gc Tyres And Alignment Limited

£122.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 149 days, this is later than average (12 days)

149 days - Gc Tyres And Alignment Limited

12 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 68 days, this is slower than average (35 days)

68 days - Gc Tyres And Alignment Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 58 days, this is less than average (86 days)

58 days - Gc Tyres And Alignment Limited

86 days - Industry AVG

cashbalance

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

debtlevel

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 financials

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011Apr 2010
Turnover1,537,0031,172,1891,031,054852,085679,628975,1771,293,0661,281,5951,509,1431,609,1611,678,2661,875,8391,590,7611,363,2201,255,212
Other Income Or Grants
Cost Of Sales1,123,356860,091743,512632,359492,051702,337934,527922,8151,082,6771,167,0291,226,8431,365,9631,155,503984,649900,176
Gross Profit413,647312,098287,543219,725187,577272,840358,539358,780426,466442,133451,422509,877435,258378,571355,036
Admin Expenses367,470209,154214,585135,32796,057193,466284,658313,588381,992361,810430,520443,090389,949323,641269,699
Operating Profit46,177102,94472,95884,39891,52079,37473,88145,19244,47480,32320,90266,78745,30954,93085,337
Interest Payable
Interest Receivable6,6757,5041,45812258618505188330266139110101191
Pre-Tax Profit52,852110,44874,41684,52091,57879,99174,38545,38044,80480,58921,04266,89745,40954,94985,338
Tax-13,213-20,985-14,139-16,059-17,400-15,198-14,133-9,076-8,961-16,924-4,840-16,055-11,806-14,287-23,894
Profit After Tax39,63989,46360,27768,46174,17864,79360,25236,30435,84363,66516,20250,84233,60340,66261,443
Dividends Paid
Retained Profit39,63989,46360,27768,46174,17864,79360,25236,30435,84363,66516,20250,84233,60340,66261,443
Employee Costs172,905159,441176,802145,549207,621144,373158,625155,190169,703182,230201,513215,438177,326151,489152,276
Number Of Employees77871078891011121099
EBITDA*75,599132,01198,331109,960106,64192,54292,30368,22066,58596,34234,99585,38864,19178,53285,337

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011Apr 2010
Tangible Assets146,674145,112114,185139,558135,766112,16495,58592,11388,44164,07457,64666,38276,80195,68387,956
Intangible Assets14,58014,58014,58014,58014,58014,58014,58014,58014,58014,58014,58014,58014,58014,58014,580
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets161,254159,692128,765154,138150,346126,744110,165106,693103,02178,65472,22680,96291,381110,263102,536
Stock & work in progress180,000280,000220,000200,000270,132230,000210,000193,125142,031101,21693,01078,01072,56069,70565,652
Trade Debtors629,478460,716427,500322,102175,110330,558314,589290,389312,416316,609292,434317,469300,749254,729215,660
Group Debtors
Misc Debtors
Cash120,048134,255218,871170,00073,00042,601122,06979,73770,27361,60544,75310,97532,9757,244207
misc current assets
total current assets929,526874,971866,371692,102518,242603,159646,658563,251524,720479,430430,197406,454406,284331,678281,519
total assets1,090,7801,034,663995,136846,240668,588729,903756,823669,944627,741558,084502,423487,416497,665441,941384,055
Bank overdraft
Bank loan
Trade Creditors 209,983237,832308,609217,054119,004243,571324,048308,079298,384278,604293,662294,864334,433288,223270,910
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities209,983237,832308,609217,054119,004243,571324,048308,079298,384278,604293,662294,864334,433288,223270,910
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities40,16833,84122,72133,95723,29927,09513,0616,0076,00027,52251,61151,700
provisions45,0007,00020,00022,93611,795
total long term liabilities85,16840,84120,00022,93611,79522,72133,95723,29927,09513,0616,0076,00027,52251,61151,700
total liabilities295,151278,673328,609239,990130,799266,292358,005331,378325,479291,665299,669300,864361,955339,834322,610
net assets795,629755,990666,527606,250537,789463,611398,818338,566302,262266,419202,754186,552135,710102,10761,445
total shareholders funds795,629755,990666,527606,250537,789463,611398,818338,566302,262266,419202,754186,552135,710102,10761,445
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011Apr 2010
Operating Activities
Operating Profit46,177102,94472,95884,39891,52079,37473,88145,19244,47480,32320,90266,78745,30954,93085,337
Depreciation29,42229,06725,37325,56215,12113,16818,42223,02822,11116,01914,09318,60118,88223,602
Amortisation
Tax-13,213-20,985-14,139-16,059-17,400-15,198-14,133-9,076-8,961-16,924-4,840-16,055-11,806-14,287-23,894
Stock-100,00060,00020,000-70,13240,13220,00016,87551,09440,8158,20615,0005,4502,8554,05365,652
Debtors168,76233,216105,398146,992-155,44815,96924,200-22,027-4,19324,175-25,03516,72046,02039,069215,660
Creditors-27,849-70,77791,55598,050-124,567-80,47715,9699,69519,780-15,058-1,202-39,56946,21017,313270,910
Accruals and Deferred Income
Deferred Taxes & Provisions38,000-13,000-2,93611,14111,795
Cash flow from operations3,775-65,96747,413126,23291,785-39,10253,06439,77240,78231,97938,9887,59449,72038,43651,041
Investing Activities
capital expenditure-30,984-59,994-29,354-38,723-29,747-21,894-26,700-46,478-22,447-5,357-8,182-31,329-102,536
Change in Investments
cash flow from investments-30,984-59,994-29,354-38,723-29,747-21,894-26,700-46,478-22,447-5,357-8,182-31,329-102,536
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities6,32733,841-22,721-11,23610,658-3,79614,0347,0547-21,522-24,089-8951,700
share issue2
interest6,6757,5041,45812258618505188330266139110101191
cash flow from financing13,00241,3451,458122-22,663-10,61811,163-3,60814,3647,320146-21,412-23,988-7051,703
cash and cash equivalents
cash-14,207-84,61648,87197,00030,399-79,46842,3329,4648,66816,85233,778-22,00025,7317,037207
overdraft
change in cash-14,207-84,61648,87197,00030,399-79,46842,3329,4648,66816,85233,778-22,00025,7317,037207

gc tyres and alignment limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Gc Tyres And Alignment Limited Competitor Analysis

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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 Ownership

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 Shareholders

gareth carr 50%
siobhan carr 50%

gc tyres and alignment limited directors

Gc Tyres And Alignment Limited currently has 1 director, Mr Gareth Carr serving since Apr 2007.

officercountryagestartendrole
Mr Gareth CarrNorthern Ireland53 years Apr 2007- Director

P&L

March 2024

turnover

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 2024

net assets

795.6k

+0.05%

total assets

1.1m

+0.05%

cash

120k

-0.11%

net assets

Total assets minus all liabilities

gc tyres and alignment limited company details

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

None

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

-

gc tyres and alignment 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 gc tyres and alignment limited.

gc tyres and alignment 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.

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gc tyres and alignment limited Companies House Filings - See Documents

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