manheim scottish auctions limited Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
199 siemens street, blochairn, glasgow, G21 2BU
Website
manheim.co.ukmanheim scottish auctions limited Estimated Valuation
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
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
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


2 Strong

1 Regular

4 Weak

Size
annual sales of £2.3m, make it larger than the average company (£913.1k)
- Manheim Scottish Auctions Limited
£913.1k - Industry AVG

Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (4.1%)
- Manheim Scottish Auctions Limited
4.1% - Industry AVG

Production
with a gross margin of 19%, this company has a higher cost of product (39.4%)
- Manheim Scottish Auctions Limited
39.4% - Industry AVG

Profitability
There is insufficient data available for this Key Performance Indicator!
- Manheim Scottish Auctions Limited
- - Industry AVG

Employees
with 12 employees, this is below the industry average (16)
- Manheim Scottish Auctions Limited
16 - Industry AVG

Pay Structure
on an average salary of £28.5k, the company has an equivalent pay structure (£28.5k)
- Manheim Scottish Auctions Limited
£28.5k - Industry AVG

Efficiency
resulting in sales per employee of £187.9k, this is more efficient (£84.3k)
- Manheim Scottish Auctions Limited
£84.3k - Industry AVG

Debtor Days
it gets paid by customers after 67 days, this is later than average (31 days)
- Manheim Scottish Auctions Limited
31 days - Industry AVG

Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Manheim Scottish Auctions Limited
- - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Manheim Scottish Auctions Limited
- - Industry AVG

Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Manheim Scottish Auctions Limited
- - Industry AVG

Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Manheim Scottish Auctions Limited
- - Industry AVG
MANHEIM SCOTTISH AUCTIONS LIMITED financials

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 House, Pomanda Estimates
Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|
Turnover | 2,121,000 | |||||||||
Other Income Or Grants | ||||||||||
Cost Of Sales | 2,094,000 | |||||||||
Gross Profit | 27,000 | |||||||||
Admin Expenses | ||||||||||
Operating Profit | 27,000 | |||||||||
Interest Payable | ||||||||||
Interest Receivable | 1,000 | |||||||||
Pre-Tax Profit | 28,000 | |||||||||
Tax | 15,000 | |||||||||
Profit After Tax | 43,000 | |||||||||
Dividends Paid | ||||||||||
Retained Profit | 43,000 | |||||||||
Employee Costs | ||||||||||
Number Of Employees | ||||||||||
EBITDA* | 102,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 983,000 | |||||||||
Intangible Assets | ||||||||||
Investments & Other | ||||||||||
Debtors (Due After 1 year) | ||||||||||
Total Fixed Assets | 983,000 | |||||||||
Stock & work in progress | ||||||||||
Trade Debtors | 416,800 | 416,800 | 416,800 | 416,800 | 130,000 | |||||
Group Debtors | ||||||||||
Misc Debtors | 68,000 | |||||||||
Cash | 537,000 | |||||||||
misc current assets | ||||||||||
total current assets | 416,800 | 416,800 | 416,800 | 416,800 | 735,000 | |||||
total assets | 416,800 | 416,800 | 416,800 | 416,800 | 1,718,000 | |||||
Bank overdraft | ||||||||||
Bank loan | ||||||||||
Trade Creditors | 395,000 | |||||||||
Group/Directors Accounts | 548,000 | |||||||||
other short term finances | ||||||||||
hp & lease commitments | ||||||||||
other current liabilities | 56,000 | |||||||||
total current liabilities | 999,000 | |||||||||
loans | ||||||||||
hp & lease commitments | ||||||||||
Accruals and Deferred Income | ||||||||||
other liabilities | ||||||||||
provisions | ||||||||||
total long term liabilities | ||||||||||
total liabilities | 999,000 | |||||||||
net assets | 416,800 | 416,800 | 416,800 | 416,800 | 719,000 | |||||
total shareholders funds | 416,800 | 416,800 | 416,800 | 416,800 | 719,000 |
Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||
Operating Profit | 27,000 | |||||||||
Depreciation | 75,000 | |||||||||
Amortisation | ||||||||||
Tax | 15,000 | |||||||||
Stock | ||||||||||
Debtors | 416,800 | -198,000 | 198,000 | |||||||
Creditors | -395,000 | 395,000 | ||||||||
Accruals and Deferred Income | -56,000 | 56,000 | ||||||||
Deferred Taxes & Provisions | ||||||||||
Cash flow from operations | 370,000 | |||||||||
Investing Activities | ||||||||||
capital expenditure | ||||||||||
Change in Investments | ||||||||||
cash flow from investments | ||||||||||
Financing Activities | ||||||||||
Bank loans | ||||||||||
Group/Directors Accounts | -548,000 | 548,000 | ||||||||
Other Short Term Loans | ||||||||||
Long term loans | ||||||||||
Hire Purchase and Lease Commitments | ||||||||||
other long term liabilities | ||||||||||
share issue | ||||||||||
interest | 1,000 | |||||||||
cash flow from financing | 1,225,000 | |||||||||
cash and cash equivalents | ||||||||||
cash | -537,000 | 537,000 | ||||||||
overdraft | ||||||||||
change in cash | -537,000 | 537,000 |
manheim scottish auctions limited Credit Report and Business Information
Manheim Scottish Auctions Limited Competitor Analysis

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 directors
Manheim Scottish Auctions Limited currently has 1 director, Mr Darren Mornin serving since Sep 2019.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Darren Mornin | 56 years | Sep 2019 | - | Director |
P&L
December 2018turnover
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 2018net 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
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
date | description | view/download |
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