gb auto sales ltd

gb auto sales ltd Company Information

Share GB AUTO SALES LTD
Live 
EstablishedSmallRapid

Company Number

NI634186

Industry

Sale of used cars and light motor vehicles

 

Shareholders

george beatty

sandra beatty

Group Structure

View All

Contact

Registered Address

87 scallon road, irvinestown, co. fermanagh, BT94 1HU

gb auto sales ltd Estimated Valuation

£284.2k

Pomanda estimates the enterprise value of GB AUTO SALES LTD at £284.2k based on a Turnover of £1.2m and 0.24x industry multiple (adjusted for size and gross margin).

gb auto sales ltd Estimated Valuation

£80.1k

Pomanda estimates the enterprise value of GB AUTO SALES LTD at £80.1k based on an EBITDA of £25.4k and a 3.15x industry multiple (adjusted for size and gross margin).

gb auto sales ltd Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of GB AUTO SALES LTD at £1.2m based on Net Assets of £401.5k and 2.87x industry multiple (adjusted for liquidity).

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Gb Auto Sales Ltd Overview

Gb Auto Sales Ltd is a live company located in co. fermanagh, BT94 1HU with a Companies House number of NI634186. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in October 2015, it's largest shareholder is george beatty with a 51% stake. Gb Auto Sales Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.2m with rapid growth in recent years.

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Gb Auto Sales Ltd Health Check

Pomanda's financial health check has awarded Gb Auto Sales Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1.2m, make it smaller than the average company (£2.1m)

£1.2m - Gb Auto Sales Ltd

£2.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 76%, show it is growing at a faster rate (13.4%)

76% - Gb Auto Sales Ltd

13.4% - Industry AVG

production

Production

with a gross margin of 6.8%, this company has a higher cost of product (11%)

6.8% - Gb Auto Sales Ltd

11% - Industry AVG

profitability

Profitability

an operating margin of 2.2% make it less profitable than the average company (2.8%)

2.2% - Gb Auto Sales Ltd

2.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (7)

1 - Gb Auto Sales Ltd

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £33k, the company has an equivalent pay structure (£33k)

£33k - Gb Auto Sales Ltd

£33k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.2m, this is more efficient (£433k)

£1.2m - Gb Auto Sales Ltd

£433k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 128 days, this is later than average (8 days)

128 days - Gb Auto Sales Ltd

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (12 days)

4 days - Gb Auto Sales Ltd

12 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gb Auto Sales Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Gb Auto Sales Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 8.5%, this is a lower level of debt than the average (66.7%)

8.5% - Gb Auto Sales Ltd

66.7% - Industry AVG

GB AUTO SALES LTD financials

EXPORTms excel logo

Gb Auto Sales Ltd's latest turnover from March 2024 is estimated at £1.2 million and the company has net assets of £401.5 thousand. According to their latest financial statements, Gb Auto Sales Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover1,180,4971,976,1562,117,991218,035382,3321,656,8501,414,5382,049,690
Other Income Or Grants00000000
Cost Of Sales1,100,2341,832,2921,964,620204,235356,2091,538,8491,312,2651,895,317
Gross Profit80,263143,864153,37113,80126,123118,001102,273154,373
Admin Expenses54,86476,95796,283-59,797-29,910-12,74155,742114,554
Operating Profit25,39966,90757,08873,59856,033130,74246,53139,819
Interest Payable00000000
Interest Receivable001,499316117000
Pre-Tax Profit25,39966,90758,58673,91556,149130,74246,53139,819
Tax-6,350-12,712-11,131-14,044-10,668-24,841-8,841-7,964
Profit After Tax19,04954,19547,45559,87145,481105,90137,69031,855
Dividends Paid00000000
Retained Profit19,04954,19547,45559,87145,481105,90137,69031,855
Employee Costs32,97796,19992,99928,41828,90786,29655,47083,174
Number Of Employees13311323
EBITDA*25,39966,90757,08878,93556,033130,74246,53139,819

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets22,31324,59426,22221,35031,40227,5295,50011,000
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets22,31324,59426,22221,35031,40227,5295,50011,000
Stock & work in progress00070,615139,109000
Trade Debtors416,236432,791476,13032,09625,384343,285256,346209,300
Group Debtors00000000
Misc Debtors00000000
Cash000399,663233,078000
misc current assets00000000
total current assets416,236432,791476,130502,374397,571343,285256,346209,300
total assets438,549457,385502,352523,724428,973370,814261,846220,300
Bank overdraft00000000
Bank loan00000000
Trade Creditors 13,73342,55548,14536,97250,67537,54437,96937,164
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000000
total current liabilities13,73342,55548,14536,97250,67537,54437,96937,164
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities23,31932,382125,954205,854157,271157,824154,332151,181
provisions00000000
total long term liabilities23,31932,382125,954205,854157,271157,824154,332151,181
total liabilities37,05274,937174,099242,826207,946195,368192,301188,345
net assets401,497382,448328,253280,898221,027175,44669,54531,955
total shareholders funds401,497382,448328,253280,898221,027175,44669,54531,955
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit25,39966,90757,08873,59856,033130,74246,53139,819
Depreciation0005,3370000
Amortisation00000000
Tax-6,350-12,712-11,131-14,044-10,668-24,841-8,841-7,964
Stock00-70,615-68,494139,109000
Debtors-16,555-43,339444,0346,712-317,90186,93947,046209,300
Creditors-28,822-5,59011,173-13,70313,131-42580537,164
Accruals and Deferred Income00000000
Deferred Taxes & Provisions00000000
Cash flow from operations6,78291,944-316,289112,970237,28818,537-8,551-140,281
Investing Activities
capital expenditure2,2811,628-4,8724,715-3,873-22,0295,500-11,000
Change in Investments00000000
cash flow from investments2,2811,628-4,8724,715-3,873-22,0295,500-11,000
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities-9,063-93,572-79,90048,583-5533,4923,151151,181
share issue00-10001000-100100
interest001,499316117000
cash flow from financing-9,063-93,572-78,50148,899-3363,4923,051151,281
cash and cash equivalents
cash00-399,663166,585233,078000
overdraft00000000
change in cash00-399,663166,585233,078000

gb auto sales ltd 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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Gb Auto Sales Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gb auto sales 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 BT94 area or any other competitors across 12 key performance metrics.

gb auto sales ltd Ownership

GB AUTO SALES LTD group structure

Gb Auto Sales Ltd has no subsidiary companies.

Ultimate parent company

GB AUTO SALES LTD

NI634186

GB AUTO SALES LTD Shareholders

george beatty 51%
sandra beatty 49%

gb auto sales ltd directors

Gb Auto Sales Ltd currently has 2 directors. The longest serving directors include Mr George Beatty (Oct 2015) and Mrs Sandra Beatty (Oct 2015).

officercountryagestartendrole
Mr George BeattyUnited Kingdom72 years Oct 2015- Director
Mrs Sandra BeattyUnited Kingdom66 years Oct 2015- Director

P&L

March 2024

turnover

1.2m

-40%

operating profit

25.4k

0%

gross margin

6.8%

-6.61%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

401.5k

+0.05%

total assets

438.5k

-0.04%

cash

0

0%

net assets

Total assets minus all liabilities

gb auto sales ltd company details

company number

NI634186

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

October 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

87 scallon road, irvinestown, co. fermanagh, BT94 1HU

Bank

-

Legal Advisor

-

gb auto sales 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 gb auto sales ltd.

gb auto sales 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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gb auto sales ltd Companies House Filings - See Documents

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