vehicle trade centre ltd
vehicle trade centre ltd Company Information
Company Number
SC462230
Registered Address
caledonia house seaward street, glasgow, G41 1HJ
Industry
Sale of used cars and light motor vehicles
Telephone
01563550240
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
bridgend garage limited 100%
vehicle trade centre ltd Estimated Valuation
Pomanda estimates the enterprise value of VEHICLE TRADE CENTRE LTD at £2.1m based on a Turnover of £5.9m and 0.35x industry multiple (adjusted for size and gross margin).
vehicle trade centre ltd Estimated Valuation
Pomanda estimates the enterprise value of VEHICLE TRADE CENTRE LTD at £3m based on an EBITDA of £527.6k and a 5.66x industry multiple (adjusted for size and gross margin).
vehicle trade centre ltd Estimated Valuation
Pomanda estimates the enterprise value of VEHICLE TRADE CENTRE LTD at £7.1m based on Net Assets of £2.2m and 3.16x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Vehicle Trade Centre Ltd Overview
Vehicle Trade Centre Ltd is a live company located in glasgow, G41 1HJ with a Companies House number of SC462230. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in October 2013, it's largest shareholder is bridgend garage limited with a 100% stake. Vehicle Trade Centre Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.9m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Vehicle Trade Centre Ltd Health Check
Pomanda's financial health check has awarded Vehicle Trade Centre Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
3 Weak
Size
annual sales of £5.9m, make it larger than the average company (£2.9m)
£5.9m - Vehicle Trade Centre Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (8%)
- Vehicle Trade Centre Ltd
8% - Industry AVG
Production
with a gross margin of 21.7%, this company has a lower cost of product (11.5%)
21.7% - Vehicle Trade Centre Ltd
11.5% - Industry AVG
Profitability
an operating margin of 8.8% make it more profitable than the average company (3.1%)
8.8% - Vehicle Trade Centre Ltd
3.1% - Industry AVG
Employees
with 20 employees, this is above the industry average (7)
20 - Vehicle Trade Centre Ltd
7 - Industry AVG
Pay Structure
on an average salary of £26.6k, the company has an equivalent pay structure (£32k)
£26.6k - Vehicle Trade Centre Ltd
£32k - Industry AVG
Efficiency
resulting in sales per employee of £297.4k, this is less efficient (£463.6k)
£297.4k - Vehicle Trade Centre Ltd
£463.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (9 days)
0 days - Vehicle Trade Centre Ltd
9 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (14 days)
0 days - Vehicle Trade Centre Ltd
14 days - Industry AVG
Stock Days
it holds stock equivalent to 88 days, this is more than average (65 days)
88 days - Vehicle Trade Centre Ltd
65 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 197 weeks, this is more cash available to meet short term requirements (9 weeks)
197 weeks - Vehicle Trade Centre Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.7%, this is a lower level of debt than the average (69.3%)
14.7% - Vehicle Trade Centre Ltd
69.3% - Industry AVG
VEHICLE TRADE CENTRE LTD financials
Vehicle Trade Centre Ltd's latest turnover from March 2023 is £5.9 million and the company has net assets of £2.2 million. According to their latest financial statements, Vehicle Trade Centre Ltd has 20 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,947,807 | 6,615,309 | 3,197,408 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||
| Cost Of Sales | 4,656,182 | 4,937,869 | 2,510,884 | ||||||
| Gross Profit | 1,291,625 | 1,677,440 | 686,524 | ||||||
| Admin Expenses | 769,892 | 832,959 | 484,606 | ||||||
| Operating Profit | 521,733 | 844,481 | 201,918 | ||||||
| Interest Payable | 0 | 0 | 0 | ||||||
| Interest Receivable | 2,169 | 30 | 83 | ||||||
| Pre-Tax Profit | 523,902 | 844,511 | 202,001 | ||||||
| Tax | -99,235 | -161,936 | -45,217 | ||||||
| Profit After Tax | 424,667 | 682,575 | 156,784 | ||||||
| Dividends Paid | 0 | 0 | 12,000 | ||||||
| Retained Profit | 424,667 | 682,575 | 144,784 | ||||||
| Employee Costs | 531,050 | 585,012 | 431,157 | ||||||
| Number Of Employees | 20 | 18 | 15 | 21 | 22 | 16 | 11 | 10 | |
| EBITDA* | 527,551 | 851,753 | 210,008 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 23,264 | 29,082 | 32,361 | 35,768 | 3,882 | 4,853 | 6,066 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 23,364 | 29,282 | 32,561 | 35,968 | 4,082 | 5,053 | 6,266 | 200 | 0 |
| Stock & work in progress | 1,134,719 | 1,111,758 | 562,776 | 564,068 | 517,207 | 415,118 | 247,991 | 129,257 | 121,729 |
| Trade Debtors | 16,123 | 20,657 | 619 | 11,378 | 21,595 | 8,397 | 34,616 | 29,831 | 10,362 |
| Group Debtors | 0 | 747,796 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 11,699 | 15,646 | 710,902 | 413,628 | 300,696 | 500,000 | 230,000 | 0 | 100 |
| Cash | 1,442,815 | 351,954 | 197,125 | 368,456 | 264,557 | 16,214 | 128,798 | 148,175 | 104,811 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,605,356 | 2,247,811 | 1,471,422 | 1,357,530 | 1,104,055 | 939,729 | 641,405 | 307,263 | 237,002 |
| total assets | 2,628,720 | 2,277,093 | 1,503,983 | 1,393,498 | 1,108,137 | 944,782 | 647,671 | 307,463 | 237,002 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,217 | 4,930 | 204,563 | 257,472 | 261,942 | 163,111 | 176,188 | 15,357 | 222,958 |
| Group/Directors Accounts | 270,768 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 106,389 | 246,029 | 156,983 | 144,522 | 103,176 | 150,218 | 114,688 | 108,091 | 0 |
| total current liabilities | 379,374 | 450,959 | 361,546 | 401,994 | 365,118 | 313,329 | 290,876 | 123,448 | 222,958 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 5,816 | 7,271 | 6,149 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 5,816 | 7,271 | 6,149 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 385,190 | 458,230 | 367,695 | 401,994 | 365,118 | 313,329 | 290,876 | 123,448 | 222,958 |
| net assets | 2,243,530 | 1,818,863 | 1,136,288 | 991,504 | 743,019 | 631,453 | 356,795 | 184,015 | 14,044 |
| total shareholders funds | 2,243,530 | 1,818,863 | 1,136,288 | 991,504 | 743,019 | 631,453 | 356,795 | 184,015 | 14,044 |
| Mar 2023 | Mar 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 521,733 | 844,481 | 201,918 | ||||||
| Depreciation | 5,818 | 7,272 | 8,090 | 8,942 | 971 | 2,730 | 1,517 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -99,235 | -161,936 | -45,217 | ||||||
| Stock | 22,961 | 548,982 | -1,292 | 46,861 | 102,089 | 167,127 | 118,734 | 129,257 | 121,729 |
| Debtors | -756,277 | 72,578 | 286,515 | 102,715 | -186,106 | 243,781 | 234,785 | 29,831 | 10,462 |
| Creditors | -2,713 | -199,633 | -52,909 | -4,470 | 98,831 | -13,077 | 160,831 | 15,357 | 222,958 |
| Accruals and Deferred Income | -139,640 | 89,046 | 12,461 | 41,346 | -47,042 | 35,530 | 6,597 | 108,091 | 0 |
| Deferred Taxes & Provisions | -1,455 | 1,122 | 6,149 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,017,824 | -41,208 | -154,731 | ||||||
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | ||||||
| Change in Investments | -100 | 0 | 0 | 0 | 0 | 0 | 0 | 200 | 0 |
| cash flow from investments | 100 | 0 | 0 | ||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 70,768 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 2,169 | 30 | 83 | ||||||
| cash flow from financing | 72,937 | 200,030 | 83 | ||||||
| cash and cash equivalents | |||||||||
| cash | 1,090,861 | 154,829 | -171,331 | 103,899 | 248,343 | -112,584 | -19,377 | 148,175 | 104,811 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,090,861 | 154,829 | -171,331 | 103,899 | 248,343 | -112,584 | -19,377 | 148,175 | 104,811 |
vehicle trade centre ltd Credit Report and Business Information
Vehicle Trade Centre Ltd Competitor Analysis
Perform a competitor analysis for vehicle trade centre ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in G41 area or any other competitors across 12 key performance metrics.
vehicle trade centre ltd Ownership
VEHICLE TRADE CENTRE LTD group structure
Vehicle Trade Centre Ltd has 1 subsidiary company.
Ultimate parent company
2 parents
VEHICLE TRADE CENTRE LTD
SC462230
1 subsidiary
vehicle trade centre ltd directors
Vehicle Trade Centre Ltd currently has 4 directors. The longest serving directors include Mrs Angela Logan (Oct 2013) and Mr Daniel McLaughlan (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Angela Logan | 49 years | Oct 2013 | - | Director | |
| Mr Daniel McLaughlan | 79 years | Mar 2023 | - | Director | |
| Mr Alan McLaughlan | 49 years | Mar 2023 | - | Director | |
| Mr Alexander McLaughlan | 76 years | Mar 2023 | - | Director |
P&L
March 2023turnover
5.9m
-10%
operating profit
521.7k
-38%
gross margin
21.8%
-14.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.2m
+0.23%
total assets
2.6m
+0.15%
cash
1.4m
+3.1%
net assets
Total assets minus all liabilities
vehicle trade centre ltd company details
company number
SC462230
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
October 2013
age
11
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
east road motors ltd (April 2021)
last accounts submitted
March 2023
address
caledonia house seaward street, glasgow, G41 1HJ
accountant
-
auditor
MARTIN AITKEN & CO LTD
vehicle trade centre 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 vehicle trade centre ltd.
vehicle trade centre ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
