shelbourne motors (newry) limited
shelbourne motors (newry) limited Company Information
Company Number
NI652256
Website
http://renault.co.ukRegistered Address
334 tandragee road, portadown, co. armagh, BT62 3RB
Industry
Sale of new cars and light motor vehicles
Telephone
02838396801
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
shelbourne motors limited 100%
shelbourne motors (newry) limited Estimated Valuation
Pomanda estimates the enterprise value of SHELBOURNE MOTORS (NEWRY) LIMITED at £9.8m based on a Turnover of £34m and 0.29x industry multiple (adjusted for size and gross margin).
shelbourne motors (newry) limited Estimated Valuation
Pomanda estimates the enterprise value of SHELBOURNE MOTORS (NEWRY) LIMITED at £848.9k based on an EBITDA of £207k and a 4.1x industry multiple (adjusted for size and gross margin).
shelbourne motors (newry) limited Estimated Valuation
Pomanda estimates the enterprise value of SHELBOURNE MOTORS (NEWRY) LIMITED at £0 based on Net Assets of £-639.6k and 2.89x industry multiple (adjusted for liquidity).
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Shelbourne Motors (newry) Limited Overview
Shelbourne Motors (newry) Limited is a live company located in co. armagh, BT62 3RB with a Companies House number of NI652256. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in April 2018, it's largest shareholder is shelbourne motors limited with a 100% stake. Shelbourne Motors (newry) Limited is a young, large sized company, Pomanda has estimated its turnover at £34m with rapid growth in recent years.
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Shelbourne Motors (newry) Limited Health Check
Pomanda's financial health check has awarded Shelbourne Motors (Newry) Limited a 2.5 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
2 Regular
7 Weak
Size
annual sales of £34m, make it smaller than the average company (£53.2m)
£34m - Shelbourne Motors (newry) Limited
£53.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 115%, show it is growing at a faster rate (2.1%)
115% - Shelbourne Motors (newry) Limited
2.1% - Industry AVG
Production
with a gross margin of 3.8%, this company has a higher cost of product (10.3%)
3.8% - Shelbourne Motors (newry) Limited
10.3% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (2.5%)
-0.5% - Shelbourne Motors (newry) Limited
2.5% - Industry AVG
Employees
with 51 employees, this is below the industry average (89)
51 - Shelbourne Motors (newry) Limited
89 - Industry AVG
Pay Structure
on an average salary of £29.2k, the company has a lower pay structure (£36.5k)
£29.2k - Shelbourne Motors (newry) Limited
£36.5k - Industry AVG
Efficiency
resulting in sales per employee of £666.9k, this is equally as efficient (£594.9k)
£666.9k - Shelbourne Motors (newry) Limited
£594.9k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (5 days)
3 days - Shelbourne Motors (newry) Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is close to average (28 days)
28 days - Shelbourne Motors (newry) Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 71 days, this is more than average (53 days)
71 days - Shelbourne Motors (newry) Limited
53 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (5 weeks)
0 weeks - Shelbourne Motors (newry) Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.8%, this is a higher level of debt than the average (68.7%)
104.8% - Shelbourne Motors (newry) Limited
68.7% - Industry AVG
shelbourne motors (newry) limited Credit Report and Business Information
Shelbourne Motors (newry) Limited Competitor Analysis
Perform a competitor analysis for shelbourne motors (newry) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
shelbourne motors (newry) limited Ownership
SHELBOURNE MOTORS (NEWRY) LIMITED group structure
Shelbourne Motors (Newry) Limited has no subsidiary companies.
Ultimate parent company
1 parent
SHELBOURNE MOTORS (NEWRY) LIMITED
NI652256
shelbourne motors (newry) limited directors
Shelbourne Motors (Newry) Limited currently has 3 directors. The longest serving directors include Mrs Caroline Willis (Apr 2018) and Mr Paul Ward (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Caroline Willis | United Kingdom | 52 years | Apr 2018 | - | Director |
| Mr Paul Ward | United Kingdom | 50 years | Apr 2018 | - | Director |
| Mr Richard Ward | United Kingdom | 55 years | Apr 2018 | - | Director |
SHELBOURNE MOTORS (NEWRY) LIMITED financials
Shelbourne Motors (Newry) Limited's latest turnover from December 2022 is £34 million and the company has net assets of -£639.6 thousand. According to their latest financial statements, Shelbourne Motors (Newry) Limited has 51 employees and maintains cash reserves of £206 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Turnover | 34,012,717 | 31,904,964 | 26,542,968 | 3,408,615 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 32,714,134 | 30,041,125 | 24,973,236 | 3,330,210 | 0 |
| Gross Profit | 1,298,583 | 1,863,839 | 1,569,732 | 78,405 | 0 |
| Admin Expenses | 1,472,119 | 1,442,813 | 1,127,951 | 422,463 | 0 |
| Operating Profit | -173,536 | 421,026 | 441,781 | -344,058 | 0 |
| Interest Payable | 178,699 | 140,499 | 120,429 | 70,091 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -352,235 | 280,527 | 321,352 | -414,149 | 0 |
| Tax | -11,015 | -149,681 | -41,219 | -273,174 | 0 |
| Profit After Tax | -363,250 | 130,846 | 280,133 | -687,323 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -363,250 | 130,846 | 280,133 | -687,323 | 0 |
| Employee Costs | 1,486,682 | 1,213,445 | 1,087,002 | 0 | |
| Number Of Employees | 51 | 50 | 37 | 29 | |
| EBITDA* | 207,042 | 609,819 | 553,864 | -323,957 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 6,480,955 | 5,989,924 | 5,760,924 | 5,807,349 | 728,292 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,480,955 | 5,989,924 | 5,760,924 | 5,807,349 | 728,292 |
| Stock & work in progress | 6,419,102 | 4,578,321 | 4,292,905 | 3,855,907 | 0 |
| Trade Debtors | 280,383 | 240,664 | 67,087 | 151,832 | 0 |
| Group Debtors | 135,408 | 19,368 | 643 | 200,206 | 0 |
| Misc Debtors | 152,052 | 45,437 | 24,368 | 598,345 | 0 |
| Cash | 206 | 242 | 224 | 131 | 1 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,987,151 | 4,884,032 | 4,385,227 | 4,806,421 | 1 |
| total assets | 13,468,106 | 10,873,956 | 10,146,151 | 10,613,770 | 728,293 |
| Bank overdraft | 5,021,213 | 5,061,929 | 3,893,354 | 991,059 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,514,392 | 1,191,564 | 612,455 | 1,330,248 | 0 |
| Group/Directors Accounts | 251,373 | 46,953 | 49,576 | 2,795,957 | 728,292 |
| other short term finances | 367,318 | 367,318 | 367,318 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,860,414 | 1,033,243 | 1,967,975 | 2,168,200 | 0 |
| total current liabilities | 11,014,710 | 7,701,007 | 6,890,678 | 7,285,464 | 728,292 |
| loans | 2,716,271 | 3,083,589 | 3,394,078 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 12,688 | 3,742,454 | 0 |
| provisions | 376,718 | 365,703 | 255,896 | 273,174 | 0 |
| total long term liabilities | 3,092,989 | 3,449,292 | 3,662,662 | 4,015,628 | 0 |
| total liabilities | 14,107,699 | 11,150,299 | 10,553,340 | 11,301,092 | 728,292 |
| net assets | -639,593 | -276,343 | -407,189 | -687,322 | 1 |
| total shareholders funds | -639,593 | -276,343 | -407,189 | -687,322 | 1 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -173,536 | 421,026 | 441,781 | -344,058 | 0 |
| Depreciation | 380,578 | 188,793 | 112,083 | 20,101 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | -11,015 | -149,681 | -41,219 | -273,174 | 0 |
| Stock | 1,840,781 | 285,416 | 436,998 | 3,855,907 | 0 |
| Debtors | 262,374 | 213,371 | -858,285 | 950,383 | 0 |
| Creditors | 1,322,828 | 579,109 | -717,793 | 1,330,248 | 0 |
| Accruals and Deferred Income | 1,827,171 | -934,732 | -200,225 | 2,168,200 | 0 |
| Deferred Taxes & Provisions | 11,015 | 109,807 | -17,278 | 273,174 | 0 |
| Cash flow from operations | 1,253,886 | -284,465 | -1,364 | -1,631,799 | 0 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 204,420 | -2,623 | -2,746,381 | 2,067,665 | 728,292 |
| Other Short Term Loans | 0 | 0 | 367,318 | 0 | 0 |
| Long term loans | -367,318 | -310,489 | 3,394,078 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -12,688 | -3,729,766 | 3,742,454 | 0 |
| share issue | |||||
| interest | -178,699 | -140,499 | -120,429 | -70,091 | 0 |
| cash flow from financing | -341,597 | -466,299 | -2,835,180 | 5,740,028 | 728,293 |
| cash and cash equivalents | |||||
| cash | -36 | 18 | 93 | 130 | 1 |
| overdraft | -40,716 | 1,168,575 | 2,902,295 | 991,059 | 0 |
| change in cash | 40,680 | -1,168,557 | -2,902,202 | -990,929 | 1 |
P&L
December 2022turnover
34m
+7%
operating profit
-173.5k
-141%
gross margin
3.9%
-34.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-639.6k
+1.31%
total assets
13.5m
+0.24%
cash
206
-0.15%
net assets
Total assets minus all liabilities
shelbourne motors (newry) limited company details
company number
NI652256
Type
Private limited with Share Capital
industry
45111 - Sale of new cars and light motor vehicles
incorporation date
April 2018
age
6
accounts
Full Accounts
ultimate parent company
previous names
shelbourne newco limited (April 2018)
incorporated
UK
address
334 tandragee road, portadown, co. armagh, BT62 3RB
last accounts submitted
December 2022
shelbourne motors (newry) 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 found 3 charges/mortgages relating to shelbourne motors (newry) limited. Currently there are 0 open charges and 3 have been satisfied in the past.
shelbourne motors (newry) limited Companies House Filings - See Documents
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