terry coulter cars ltd

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terry coulter cars ltd Company Information

Share TERRY COULTER CARS LTD

Company Number

NI636133

Shareholders

jordan coulter

sophie connor

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Group Structure

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Industry

Sale of used cars and light motor vehicles

 

Registered Address

1c the square, antrim, ballyclare, BT39 9BB

terry coulter cars ltd Estimated Valuation

£357.8k

Pomanda estimates the enterprise value of TERRY COULTER CARS LTD at £357.8k based on a Turnover of £1.7m and 0.21x industry multiple (adjusted for size and gross margin).

terry coulter cars ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of TERRY COULTER CARS LTD at £0 based on an EBITDA of £-17.2k and a 3.34x industry multiple (adjusted for size and gross margin).

terry coulter cars ltd Estimated Valuation

£569.9k

Pomanda estimates the enterprise value of TERRY COULTER CARS LTD at £569.9k based on Net Assets of £209k and 2.73x industry multiple (adjusted for liquidity).

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Terry Coulter Cars Ltd Overview

Terry Coulter Cars Ltd is a live company located in ballyclare, BT39 9BB with a Companies House number of NI636133. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in February 2016, it's largest shareholder is jordan coulter with a 25% stake. Terry Coulter Cars Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.7m with declining growth in recent years.

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Terry Coulter Cars Ltd Health Check

Pomanda's financial health check has awarded Terry Coulter Cars Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

0 Strong

positive_score

5 Regular

positive_score

5 Weak

size

Size

annual sales of £1.7m, make it in line with the average company (£1.6m)

£1.7m - Terry Coulter Cars Ltd

£1.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (12.5%)

-2% - Terry Coulter Cars Ltd

12.5% - Industry AVG

production

Production

with a gross margin of 7.1%, this company has a higher cost of product (11.3%)

7.1% - Terry Coulter Cars Ltd

11.3% - Industry AVG

profitability

Profitability

an operating margin of -1% make it less profitable than the average company (2.8%)

-1% - Terry Coulter Cars Ltd

2.8% - Industry AVG

employees

Employees

with 7 employees, this is similar to the industry average (6)

7 - Terry Coulter Cars Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.7k, the company has an equivalent pay structure (£32.7k)

£32.7k - Terry Coulter Cars Ltd

£32.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £238.5k, this is less efficient (£399.5k)

£238.5k - Terry Coulter Cars Ltd

£399.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 113 days, this is later than average (9 days)

113 days - Terry Coulter Cars Ltd

9 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 11 days, this is close to average (12 days)

11 days - Terry Coulter Cars Ltd

12 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Terry Coulter Cars Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Terry Coulter Cars Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 62.7%, this is a similar level of debt than the average (69.1%)

62.7% - Terry Coulter Cars Ltd

69.1% - Industry AVG

TERRY COULTER CARS LTD financials

EXPORTms excel logo

Terry Coulter Cars Ltd's latest turnover from February 2024 is estimated at £1.7 million and the company has net assets of £209 thousand. According to their latest financial statements, Terry Coulter Cars Ltd has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Turnover1,669,4401,933,6562,124,9691,755,6801,787,8031,965,5142,643,3864,801,352
Other Income Or Grants
Cost Of Sales1,550,8031,791,8211,970,4941,639,1391,669,4011,824,4782,453,7204,436,958
Gross Profit118,637141,835154,474116,541118,402141,036189,666364,394
Admin Expenses135,861133,06554,59371,083115,637132,427123,430316,241
Operating Profit-17,2248,77099,88145,4582,7658,60966,23648,153
Interest Payable
Interest Receivable
Pre-Tax Profit-17,2248,77099,88145,4582,7658,60966,23648,153
Tax-1,666-18,977-8,637-525-1,636-12,585-9,630
Profit After Tax-17,2247,10480,90436,8212,2406,97353,65138,522
Dividends Paid
Retained Profit-17,2247,10480,90436,8212,2406,97353,65138,522
Employee Costs228,865253,327213,953223,100231,257229,196113,490195,353
Number Of Employees78788847
EBITDA*-17,2248,77099,88145,4582,7658,60966,23648,153

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Tangible Assets41,26539,08142,74325,42631,36838,06039,20435,870
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets41,26539,08142,74325,42631,36838,06039,20435,870
Stock & work in progress
Trade Debtors519,060554,721611,051521,742425,697440,433471,069477,004
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets519,060554,721611,051521,742425,697440,433471,069477,004
total assets560,325593,802653,794547,168457,065478,493510,273512,874
Bank overdraft
Bank loan
Trade Creditors 48,50241,67482,66460,27831,10124,13137,78848,234
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities48,50241,67482,66460,27831,10124,13137,78848,234
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities302,832325,913352,019348,683324,578355,216380,312426,118
provisions
total long term liabilities302,832325,913352,019348,683324,578355,216380,312426,118
total liabilities351,334367,587434,683408,961355,679379,347418,100474,352
net assets208,991226,215219,111138,207101,38699,14692,17338,522
total shareholders funds208,991226,215219,111138,207101,38699,14692,17338,522
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Operating Activities
Operating Profit-17,2248,77099,88145,4582,7658,60966,23648,153
Depreciation
Amortisation
Tax-1,666-18,977-8,637-525-1,636-12,585-9,630
Stock
Debtors-35,661-56,33089,30996,045-14,736-30,636-5,935477,004
Creditors6,828-40,99022,38629,1776,970-13,657-10,44648,234
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations25,26522,44413,981-30,04723,94623,95249,140-390,247
Investing Activities
capital expenditure-2,1843,662-17,3175,9426,6921,144-3,334-35,870
Change in Investments
cash flow from investments-2,1843,662-17,3175,9426,6921,144-3,334-35,870
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-23,081-26,1063,33624,105-30,638-25,096-45,806426,118
share issue
interest
cash flow from financing-23,081-26,1063,33624,105-30,638-25,096-45,806426,118
cash and cash equivalents
cash
overdraft
change in cash

terry coulter cars 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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Terry Coulter Cars Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for terry coulter cars 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 BT39 area or any other competitors across 12 key performance metrics.

terry coulter cars ltd Ownership

TERRY COULTER CARS LTD group structure

Terry Coulter Cars Ltd has no subsidiary companies.

Ultimate parent company

TERRY COULTER CARS LTD

NI636133

TERRY COULTER CARS LTD Shareholders

jordan coulter 25%
sophie connor 25%
jacqueline coulter 25%
terence coulter 25%

terry coulter cars ltd directors

Terry Coulter Cars Ltd currently has 4 directors. The longest serving directors include Mrs Jacqueline Coulter (Feb 2016) and Mrs Sophie Connor (Feb 2016).

officercountryagestartendrole
Mrs Jacqueline CoulterNorthern Ireland61 years Feb 2016- Director
Mrs Sophie ConnorNorthern Ireland33 years Feb 2016- Director
Mr Jordan CoulterNorthern Ireland30 years Feb 2016- Director
Mr Terence CoulterNorthern Ireland66 years Feb 2016- Director

P&L

February 2024

turnover

1.7m

-14%

operating profit

-17.2k

0%

gross margin

7.2%

-3.12%

turnover

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

Balance Sheet

February 2024

net assets

209k

-0.08%

total assets

560.3k

-0.06%

cash

0

0%

net assets

Total assets minus all liabilities

terry coulter cars ltd company details

company number

NI636133

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

February 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

1c the square, antrim, ballyclare, BT39 9BB

Bank

-

Legal Advisor

-

terry coulter cars 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 terry coulter cars ltd.

terry coulter cars 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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terry coulter cars ltd Companies House Filings - See Documents

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