Andrew Watt (motor Spares) Limited

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andrew watt (motor spares) limited Company Information

Live

MatureMidHealthy

Company Number

SC032713

Next Accounts

Aug 2026

Industry

Other retail sale in non-specialised stores

Directors

Andrew Bell

Shareholders

andrew john bell

Group Structure

View All

Contact

Registered Address

41 broad street, glasgow, G40 2QW

Website

thisiswatt.com

andrew watt (motor spares) limited Estimated Valuation

£8.8m

Pomanda estimates the enterprise value of ANDREW WATT (MOTOR SPARES) LIMITED at £8.8m based on Net Assets of £2.7m and 3.2x industry multiple (adjusted for liquidity).

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Andrew Watt (motor Spares) Limited is a live company located in glasgow, G40 2QW with a Companies House number of SC032713. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in December 1957, it's largest shareholder is andrew john bell with a 100% stake. Andrew Watt (motor Spares) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.6m with healthy growth in recent years.

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Pomanda's financial health check has awarded Andrew Watt (Motor Spares) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

6 Strong

3 Regular

3 Weak

Size

annual sales of £8.6m, make it larger than the average company (£1.4m)

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a slower rate (21.4%)

EXPORT

Andrew Watt (Motor Spares) Limited's latest turnover from November 2024 is estimated at £8.6 million and the company has net assets of £2.7 million. According to their latest financial statements, Andrew Watt (Motor Spares) Limited has 48 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Nov 2024	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Turnover	8,588,158	6,394,970	6,820,761	6,265,968	8,236,934	6,397,841	5,759,713	5,769,753	6,702,726	8,213,941	12,140,128	11,234,212	12,060,501	13,049,721	13,553,689	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	4,586,325	3,621,741	3,924,838	3,825,888	4,645,047	3,539,197	3,252,277	3,312,390	3,781,804	4,601,614	6,870,515	6,480,775	7,083,268	7,599,639	7,832,726	0
Gross Profit	4,001,833	2,773,229	2,895,923	2,440,079	3,591,887	2,858,643	2,507,436	2,457,362	2,920,923	3,612,326	5,269,613	4,753,437	4,977,233	5,450,083	5,720,963	0
Admin Expenses	3,607,341	2,361,005	2,831,968	1,823,046	3,280,642	2,845,479	2,375,057	2,305,958	2,815,491	3,445,304	5,082,377	4,739,492	4,975,573	5,438,650	5,724,010	-742,053
Operating Profit	394,492	412,224	63,955	617,033	311,245	13,164	132,379	151,404	105,432	167,022	187,236	13,945	1,660	11,433	-3,047	742,053
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	97,724	79,273	36,782	905	477	2,397	2,210	1,032	306	316	152	255	272	364	273	4
Pre-Tax Profit	492,216	491,497	100,737	617,938	311,722	15,562	134,589	152,436	105,738	167,339	187,387	14,200	1,932	11,797	-2,774	742,057
Tax	-123,054	-122,874	-19,140	-117,408	-59,227	-2,957	-25,572	-28,963	-21,147	-33,468	-39,351	-3,266	-464	-3,067	0	-207,776
Profit After Tax	369,162	368,623	81,597	500,530	252,495	12,605	109,017	123,473	84,590	133,871	148,036	10,934	1,468	8,730	-2,774	534,281
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	369,162	368,623	81,597	500,530	252,495	12,605	109,017	123,473	84,590	133,871	148,036	10,934	1,468	8,730	-2,774	534,281
Employee Costs	1,015,186	924,284	887,370	831,799	889,810	944,262	919,447	848,287	764,676	1,606,860	2,400,468	2,189,859	2,354,572	2,687,700	2,811,759	0
Number Of Employees	48	48	47	47	51	53	52	51	49	97	146	137	151	168	181	0
EBITDA*	427,968	465,014	129,478	701,310	397,479	74,738	183,251	196,807	113,524	239,340	259,659	94,341	53,117	62,103	46,165	829,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Nov 2024	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Tangible Assets	135,508	98,104	116,908	163,607	215,948	241,700	199,168	186,163	196,388	250,291	285,839	370,550	402,364	384,650	135,538	146,108
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	135,508	98,104	116,908	163,607	215,948	241,700	199,168	186,163	196,388	250,291	285,839	370,550	402,364	384,650	135,538	146,108
Stock & work in progress	921,675	919,146	869,259	850,715	815,766	682,571	694,095	742,362	737,011	674,992	774,998	872,732	896,723	1,052,668	965,542	954,525
Trade Debtors	619,982	605,737	577,448	580,873	539,301	520,301	488,991	457,959	488,577	484,697	591,516	609,344	583,891	684,495	679,380	690,830
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	165,542	156,961	152,749	117,377	87,689	120,774	123,053	99,497	100,239	102,920	0	0	0	0	0	0
Cash	2,168,882	1,740,062	1,279,859	1,172,257	638,512	315,663	323,643	265,638	146,980	97,680	28,904	31,793	70,398	38,360	107,271	1,773
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	3,876,081	3,421,906	2,879,315	2,721,222	2,081,268	1,639,309	1,629,782	1,565,456	1,472,807	1,360,289	1,395,418	1,513,869	1,551,012	1,775,523	1,752,193	1,647,128
total assets	4,011,589	3,520,010	2,996,223	2,884,829	2,297,216	1,881,009	1,828,950	1,751,619	1,669,195	1,610,580	1,681,257	1,884,419	1,953,376	2,160,173	1,887,731	1,793,236
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	655,725	582,676	599,365	544,960	488,765	493,873	402,921	454,160	467,070	516,192	953,024	1,205,737	1,196,033	1,385,338	1,251,489	1,244,748
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	67,461	130,240	102,992	102,735	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	961	4,868	4,868	0	7,735	0	0	0	0	0	0
other current liabilities	591,599	551,852	380,473	396,413	357,763	187,469	245,704	227,398	269,520	232,231	0	0	0	0	0	0
total current liabilities	1,247,324	1,134,528	979,838	941,373	846,528	682,303	653,493	686,426	736,590	756,158	953,024	1,273,198	1,326,273	1,488,330	1,354,224	1,244,748
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	961	5,829	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	7,885	32,021	61,464	118,094	0	12,207
provisions	25,627	16,006	15,532	24,200	31,962	32,475	20,870	14,755	11,469	17,876	17,673	24,561	21,934	11,512	0	0
total long term liabilities	25,627	16,006	15,532	24,200	31,962	32,475	21,831	20,584	11,469	17,876	25,558	56,582	83,398	129,606	0	12,207
total liabilities	1,272,951	1,150,534	995,370	965,573	878,490	714,778	675,324	707,010	748,059	774,034	978,582	1,329,780	1,409,671	1,617,936	1,354,224	1,256,955
net assets	2,738,638	2,369,476	2,000,853	1,919,256	1,418,726	1,166,231	1,153,626	1,044,609	921,136	836,546	702,675	554,639	543,705	542,237	533,507	536,281
total shareholders funds	2,738,638	2,369,476	2,000,853	1,919,256	1,418,726	1,166,231	1,153,626	1,044,609	921,136	836,546	702,675	554,639	543,705	542,237	533,507	536,281

	Nov 2024	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Operating Activities
Operating Profit	394,492	412,224	63,955	617,033	311,245	13,164	132,379	151,404	105,432	167,022	187,236	13,945	1,660	11,433	-3,047	742,053
Depreciation	33,476	52,790	65,523	84,277	86,234	61,574	50,872	45,403	8,092	72,318	72,423	80,396	51,457	50,670	49,212	86,947
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-123,054	-122,874	-19,140	-117,408	-59,227	-2,957	-25,572	-28,963	-21,147	-33,468	-39,351	-3,266	-464	-3,067	0	-207,776
Stock	2,529	49,887	18,544	34,949	133,195	-11,524	-48,267	5,351	62,019	-100,006	-97,734	-23,991	-155,945	87,126	11,017	954,525
Debtors	22,826	32,501	31,947	71,260	-14,085	29,031	54,588	-31,360	1,199	-3,899	-17,828	25,453	-100,604	5,115	-11,450	690,830
Creditors	73,049	-16,689	54,405	56,195	-5,108	90,952	-51,239	-12,910	-49,122	-436,832	-252,713	9,704	-189,305	133,849	6,741	1,244,748
Accruals and Deferred Income	39,747	171,379	-15,940	38,650	170,294	-58,235	18,306	-42,122	37,289	232,231	0	0	0	0	0	0
Deferred Taxes & Provisions	9,621	474	-8,668	-7,762	-513	11,605	6,115	3,286	-6,407	203	-6,888	2,627	10,422	11,512	0	0
Cash flow from operations	401,976	414,916	89,644	564,776	383,815	98,596	124,540	142,107	10,919	105,379	76,269	101,944	130,319	112,156	53,339	220,617
Investing Activities
capital expenditure	-70,880	-33,986	-18,824	-31,936	-60,482	-104,106	-63,877	-35,178	45,811	-36,770	12,288	-48,582	-69,171	-299,782	-38,642	-233,055
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-70,880	-33,986	-18,824	-31,936	-60,482	-104,106	-63,877	-35,178	45,811	-36,770	12,288	-48,582	-69,171	-299,782	-38,642	-233,055
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	-67,461	-62,779	27,248	257	102,735	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	-961	-4,868	-4,868	10,697	-7,735	7,735	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	-7,885	-24,136	-29,443	-56,630	118,094	-12,207	12,207
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,000
interest	97,724	79,273	36,782	905	477	2,397	2,210	1,032	306	316	152	255	272	364	273	4
cash flow from financing	97,724	79,273	36,782	905	-484	-2,471	-2,658	11,729	-7,429	166	-91,445	-91,967	-29,110	118,715	90,801	14,211
cash and cash equivalents
cash	428,820	460,203	107,602	533,745	322,849	-7,980	58,005	118,658	49,300	68,776	-2,889	-38,605	32,038	-68,911	105,498	1,773
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	428,820	460,203	107,602	533,745	322,849	-7,980	58,005	118,658	49,300	68,776	-2,889	-38,605	32,038	-68,911	105,498	1,773

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for andrew watt (motor spares) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in G40 area or any other competitors across 12 key performance metrics.

ANDREW WATT (MOTOR SPARES) LIMITED group structure

Andrew Watt (Motor Spares) Limited has no subsidiary companies.

Ultimate parent company

ANDREW WATT (MOTOR SPARES) LIMITED

SC032713

ANDREW WATT (MOTOR SPARES) LIMITED Shareholders

andrew john bell

100%

Andrew Watt (Motor Spares) Limited currently has 1 director, Mr Andrew Bell serving since Apr 1990.

officer	country	age	start	end	role
Mr Andrew Bell		65 years	Apr 1990	-	Director

P&L

November 2024

turnover

8.6m

+34%

operating profit

394.5k

gross margin

46.6%

+7.45%

turnover

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

Balance Sheet

November 2024

net assets

2.7m

+0.16%

total assets

+0.14%

cash

2.2m

+0.25%

net assets

Total assets minus all liabilities

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company number

SC032713

Type

Private limited with Share Capital

industry

47190 - Other retail sale in non-specialised stores

incorporation date

December 1957

ultimate parent company

None

previous names

N/A

address

41 broad street, glasgow, G40 2QW

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 1 charges/mortgages relating to andrew watt (motor spares) limited. Currently there are 1 open charges and 0 have been satisfied in the past.

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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andrew watt (motor spares) limited Company Information

andrew watt (motor spares) limited Estimated Valuation

andrew watt (motor spares) limited Estimated Valuation

andrew watt (motor spares) limited Estimated Valuation

Andrew Watt (motor Spares) Limited Overview

Andrew Watt (motor Spares) Limited Health Check

ANDREW WATT (MOTOR SPARES) LIMITED financials

andrew watt (motor spares) limited Credit Report and Business Information

Andrew Watt (motor Spares) Limited Competitor Analysis

andrew watt (motor spares) limited Ownership

andrew watt (motor spares) limited directors

andrew watt (motor spares) limited company details

andrew watt (motor spares) limited Charges & Mortgages

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andrew watt (motor spares) limited Companies House Filings - See Documents