manheim scottish auctions limited

Dissolved 

manheim scottish auctions limited Company Information

Share MANHEIM SCOTTISH AUCTIONS LIMITED

Company Number

SC205928

Directors

Darren Mornin

Shareholders

manheim ltd

Group Structure

View All

Industry

Other personal service activities n.e.c.

 

Registered Address

199 siemens street, blochairn, glasgow, G21 2BU

manheim scottish auctions limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of MANHEIM SCOTTISH AUCTIONS LIMITED at £1.2m based on a Turnover of £2.3m and 0.51x industry multiple (adjusted for size and gross margin).

manheim scottish auctions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MANHEIM SCOTTISH AUCTIONS LIMITED at £0 based on an EBITDA of £0 and a 3.37x industry multiple (adjusted for size and gross margin).

manheim scottish auctions limited Estimated Valuation

£817.8k

Pomanda estimates the enterprise value of MANHEIM SCOTTISH AUCTIONS LIMITED at £817.8k based on Net Assets of £416.8k and 1.96x industry multiple (adjusted for liquidity).

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Manheim Scottish Auctions Limited Overview

Manheim Scottish Auctions Limited is a dissolved company that was located in glasgow, G21 2BU with a Companies House number of SC205928. It operated in the other service activities n.e.c. sector, SIC Code 96090. Founded in April 2000, it's largest shareholder was manheim ltd with a 100% stake. The last turnover for Manheim Scottish Auctions Limited was estimated at £2.3m.

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Manheim Scottish Auctions Limited Health Check

Pomanda's financial health check has awarded Manheim Scottish Auctions Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £2.3m, make it larger than the average company (£913.1k)

£2.3m - Manheim Scottish Auctions Limited

£913.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (4.1%)

-3% - Manheim Scottish Auctions Limited

4.1% - Industry AVG

production

Production

with a gross margin of 19%, this company has a higher cost of product (39.4%)

19% - Manheim Scottish Auctions Limited

39.4% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Manheim Scottish Auctions Limited

- - Industry AVG

employees

Employees

with 12 employees, this is below the industry average (16)

12 - Manheim Scottish Auctions Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.5k, the company has an equivalent pay structure (£28.5k)

£28.5k - Manheim Scottish Auctions Limited

£28.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £187.9k, this is more efficient (£84.3k)

£187.9k - Manheim Scottish Auctions Limited

£84.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is later than average (31 days)

67 days - Manheim Scottish Auctions Limited

31 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Manheim Scottish Auctions Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Manheim Scottish Auctions Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Manheim Scottish Auctions Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Manheim Scottish Auctions Limited

- - Industry AVG

MANHEIM SCOTTISH AUCTIONS LIMITED financials

EXPORTms excel logo

Manheim Scottish Auctions Limited's latest turnover from December 2018 is estimated at £2.3 million and the company has net assets of £416.8 thousand. According to their latest financial statements, we estimate that Manheim Scottish Auctions Limited has 12 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover2,255,1412,240,9132,309,9452,442,9262,121,000
Other Income Or Grants
Cost Of Sales1,827,0671,799,7951,836,7101,926,4532,094,000
Gross Profit428,074441,117473,235516,47427,000
Admin Expenses428,074441,117473,235-4,526143,342
Operating Profit521,000-143,34227,000
Interest Payable
Interest Receivable1,3431,000
Pre-Tax Profit521,000-142,00028,000
Tax-104,20015,000
Profit After Tax416,800-142,00043,000
Dividends Paid
Retained Profit416,800-142,00043,000
Employee Costs341,533353,182363,103400,638
Number Of Employees12131314
EBITDA*521,000-143,342102,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets983,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets983,000
Stock & work in progress
Trade Debtors416,800416,800416,800416,800130,000
Group Debtors
Misc Debtors68,000
Cash537,000
misc current assets
total current assets416,800416,800416,800416,800735,000
total assets416,800416,800416,800416,8001,718,000
Bank overdraft
Bank loan
Trade Creditors 395,000
Group/Directors Accounts548,000
other short term finances
hp & lease commitments
other current liabilities56,000
total current liabilities999,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities999,000
net assets416,800416,800416,800416,800719,000
total shareholders funds416,800416,800416,800416,800719,000
Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit521,000-143,34227,000
Depreciation75,000
Amortisation
Tax-104,20015,000
Stock
Debtors416,800-198,000198,000
Creditors-395,000395,000
Accruals and Deferred Income-56,00056,000
Deferred Taxes & Provisions
Cash flow from operations-396,342370,000
Investing Activities
capital expenditure983,000-1,058,000
Change in Investments
cash flow from investments983,000-1,058,000
Financing Activities
Bank loans
Group/Directors Accounts-548,000548,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-577,000676,000
interest1,3431,000
cash flow from financing-1,123,6571,225,000
cash and cash equivalents
cash-537,000537,000
overdraft
change in cash-537,000537,000

manheim scottish auctions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for manheim scottish auctions limited. Get real-time insights into manheim scottish auctions limited's credit score, group structure and payment trends.

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Manheim Scottish Auctions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for manheim scottish auctions limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in G21 area or any other competitors across 12 key performance metrics.

manheim scottish auctions limited Ownership

MANHEIM SCOTTISH AUCTIONS LIMITED group structure

Manheim Scottish Auctions Limited has no subsidiary companies.

Ultimate parent company

COX ENTERPRISES INC

#0023885

2 parents

MANHEIM SCOTTISH AUCTIONS LIMITED

SC205928

MANHEIM SCOTTISH AUCTIONS LIMITED Shareholders

manheim ltd 100%

manheim scottish auctions limited directors

Manheim Scottish Auctions Limited currently has 1 director, Mr Darren Mornin serving since Sep 2019.

officercountryagestartendrole
Mr Darren Mornin56 years Sep 2019- Director

P&L

December 2018

turnover

2.3m

+1%

operating profit

0

0%

gross margin

19%

-3.57%

turnover

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

Balance Sheet

December 2018

net assets

416.8k

0%

total assets

416.8k

0%

cash

0

0%

net assets

Total assets minus all liabilities

manheim scottish auctions limited company details

company number

SC205928

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

April 2000

age

25

incorporated

UK

ultimate parent company

COX ENTERPRISES INC

accounts

Micro-Entity Accounts

last accounts submitted

December 2018

previous names

lansman limited (August 2000)

accountant

-

auditor

-

address

199 siemens street, blochairn, glasgow, G21 2BU

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

manheim scottish auctions 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 manheim scottish auctions limited.

manheim scottish auctions 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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manheim scottish auctions limited Companies House Filings - See Documents

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