m.r. gair ltd

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m.r. gair ltd Company Information

Share M.R. GAIR LTD

Company Number

SC493942

Shareholders

mark gair

leslie gair

Group Structure

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Industry

Maintenance and repair of motor vehicles

 

Registered Address

7 black hill industrial estate, gremista, lerwick, shetland, ZE1 0PZ

m.r. gair ltd Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of M.R. GAIR LTD at £1.1m based on a Turnover of £3.5m and 0.31x industry multiple (adjusted for size and gross margin).

m.r. gair ltd Estimated Valuation

£1m

Pomanda estimates the enterprise value of M.R. GAIR LTD at £1m based on an EBITDA of £273.4k and a 3.8x industry multiple (adjusted for size and gross margin).

m.r. gair ltd Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of M.R. GAIR LTD at £1.3m based on Net Assets of £441.5k and 3.01x industry multiple (adjusted for liquidity).

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M.r. Gair Ltd Overview

M.r. Gair Ltd is a live company located in lerwick, ZE1 0PZ with a Companies House number of SC493942. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in December 2014, it's largest shareholder is mark gair with a 50% stake. M.r. Gair Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.5m with high growth in recent years.

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M.r. Gair Ltd Health Check

Pomanda's financial health check has awarded M.R. Gair Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £3.5m, make it larger than the average company (£454.8k)

£3.5m - M.r. Gair Ltd

£454.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (6.3%)

28% - M.r. Gair Ltd

6.3% - Industry AVG

production

Production

with a gross margin of 35.1%, this company has a comparable cost of product (35.1%)

35.1% - M.r. Gair Ltd

35.1% - Industry AVG

profitability

Profitability

an operating margin of 7.6% make it more profitable than the average company (5.5%)

7.6% - M.r. Gair Ltd

5.5% - Industry AVG

employees

Employees

with 8 employees, this is above the industry average (6)

8 - M.r. Gair Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.1k, the company has an equivalent pay structure (£27.1k)

£27.1k - M.r. Gair Ltd

£27.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £433k, this is more efficient (£97.2k)

£433k - M.r. Gair Ltd

£97.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is earlier than average (38 days)

10 days - M.r. Gair Ltd

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 175 days, this is slower than average (43 days)

175 days - M.r. Gair Ltd

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 179 days, this is more than average (24 days)

179 days - M.r. Gair Ltd

24 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (15 weeks)

13 weeks - M.r. Gair Ltd

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 73%, this is a higher level of debt than the average (66.2%)

73% - M.r. Gair Ltd

66.2% - Industry AVG

M.R. GAIR LTD financials

EXPORTms excel logo

M.R. Gair Ltd's latest turnover from April 2023 is estimated at £3.5 million and the company has net assets of £441.5 thousand. According to their latest financial statements, M.R. Gair Ltd has 8 employees and maintains cash reserves of £298.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Turnover3,463,8091,538,0052,215,7611,669,9001,768,0471,723,376978,956956,330
Other Income Or Grants00000000
Cost Of Sales2,249,0871,019,0131,451,7811,054,9551,116,0671,047,911582,156567,742
Gross Profit1,214,722518,992763,979614,946651,981675,465396,799388,588
Admin Expenses950,388432,117703,106626,522666,326661,369377,820233,132
Operating Profit264,33486,87560,873-11,576-14,34514,09618,979155,456
Interest Payable003212,5974,0281,453348362
Interest Receivable8,29867745211252527
Pre-Tax Profit272,63287,55260,598-14,171-18,36212,66818,656155,120
Tax-68,158-16,635-11,51400-2,407-3,545-31,024
Profit After Tax204,47470,91749,084-14,171-18,36210,26115,111124,096
Dividends Paid00000000
Retained Profit204,47470,91749,084-14,171-18,36210,26115,111124,096
Employee Costs216,667214,577201,173218,555202,586196,561190,869264,376
Number Of Employees888877710
EBITDA*273,42897,49766,258-5,452-7,97822,06625,777157,070

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Tangible Assets58,03134,67519,44321,55723,38326,23533,30711,136
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets58,03134,67519,44321,55723,38326,23533,30711,136
Stock & work in progress1,107,028383,232539,845469,064350,763420,557261,902138,444
Trade Debtors96,814106,652115,40949,130168,173153,69050,46997,972
Group Debtors00000000
Misc Debtors73,7752,7825,1266,94717,90814,89716,1093,047
Cash298,27192,23288,1812,3362,3316909,28210,645
misc current assets00000000
total current assets1,575,888584,898748,561527,477539,175589,834337,762250,108
total assets1,633,919619,573768,004549,034562,558616,069371,069261,244
Bank overdraft00010,51174,63944,719011,151
Bank loan00000000
Trade Creditors 1,080,444321,141550,408355,797302,157302,654121,97715,902
Group/Directors Accounts00000045,1980
other short term finances00000000
hp & lease commitments00000000
other current liabilities77,55945,82847,78361,59550,113114,14358,25972,007
total current liabilities1,158,003366,969598,191427,903426,909461,516225,43499,060
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities23,3808,9800000035,761
provisions11,0266,5883,6944,0964,4434,9856,3282,227
total long term liabilities34,40615,5683,6944,0964,4434,9856,32837,988
total liabilities1,192,409382,537601,885431,999431,352466,501231,762137,048
net assets441,510237,036166,119117,035131,206149,568139,307124,196
total shareholders funds441,510237,036166,119117,035131,206149,568139,307124,196
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Operating Activities
Operating Profit264,33486,87560,873-11,576-14,34514,09618,979155,456
Depreciation9,09410,6225,3856,1246,3677,9706,7981,614
Amortisation00000000
Tax-68,158-16,635-11,51400-2,407-3,545-31,024
Stock723,796-156,61370,781118,301-69,794158,655123,458138,444
Debtors61,155-11,10164,458-130,00417,494102,009-34,441101,019
Creditors759,303-229,267194,61153,640-497180,677106,07515,902
Accruals and Deferred Income31,731-1,955-13,81211,482-64,03055,884-13,74872,007
Deferred Taxes & Provisions4,4382,894-402-347-542-1,3434,1012,227
Cash flow from operations215,79120,24899,90271,026-20,747-5,78729,643-23,281
Investing Activities
capital expenditure-32,450-25,854-3,271-4,298-3,515-898-28,969-12,750
Change in Investments00000000
cash flow from investments-32,450-25,854-3,271-4,298-3,515-898-28,969-12,750
Financing Activities
Bank loans00000000
Group/Directors Accounts00000-45,19845,1980
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities14,4008,9800000-35,76135,761
share issue0000000100
interest8,298677-276-2,595-4,017-1,428-323-335
cash flow from financing22,6989,657-276-2,595-4,017-46,6269,11435,526
cash and cash equivalents
cash206,0394,05185,84551,641-8,592-1,36310,645
overdraft00-10,511-64,12829,92044,719-11,15111,151
change in cash206,0394,05196,35664,133-28,279-53,3119,788-506

m.r. gair ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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M.r. Gair Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for m.r. gair ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in ZE1 area or any other competitors across 12 key performance metrics.

m.r. gair ltd Ownership

M.R. GAIR LTD group structure

M.R. Gair Ltd has no subsidiary companies.

Ultimate parent company

M.R. GAIR LTD

SC493942

M.R. GAIR LTD Shareholders

mark gair 50%
leslie gair 50%

m.r. gair ltd directors

M.R. Gair Ltd currently has 2 directors. The longest serving directors include Mr Mark Gair (Dec 2014) and Ms Lesley Gair (Dec 2014).

officercountryagestartendrole
Mr Mark GairScotland64 years Dec 2014- Director
Ms Lesley GairScotland63 years Dec 2014- Director

P&L

April 2023

turnover

3.5m

+125%

operating profit

264.3k

0%

gross margin

35.1%

+3.92%

turnover

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

Balance Sheet

April 2023

net assets

441.5k

+0.86%

total assets

1.6m

+1.64%

cash

298.3k

+2.23%

net assets

Total assets minus all liabilities

m.r. gair ltd company details

company number

SC493942

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

December 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2023

previous names

mr gair ltd (January 2015)

accountant

PFS & PARTNERS

auditor

-

address

7 black hill industrial estate, gremista, lerwick, shetland, ZE1 0PZ

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

m.r. gair 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 m.r. gair ltd.

m.r. gair ltd 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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m.r. gair ltd Companies House Filings - See Documents

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