m.r. gair ltd Company Information
Company Number
SC493942
Next Accounts
4 days late
Shareholders
mark gair
leslie gair
Group Structure
View All
Industry
Maintenance and repair of motor vehicles
Registered Address
7 black hill industrial estate, gremista, lerwick, shetland, ZE1 0PZ
Website
www.mrgair.comm.r. gair ltd Estimated Valuation
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
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
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
7 Strong
3 Regular
2 Weak
Size
annual sales of £3.5m, make it larger than the average company (£454.8k)
- M.r. Gair Ltd
£454.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (6.3%)
- M.r. Gair Ltd
6.3% - Industry AVG
Production
with a gross margin of 35.1%, this company has a comparable cost of product (35.1%)
- M.r. Gair Ltd
35.1% - Industry AVG
Profitability
an operating margin of 7.6% make it more profitable than the average company (5.5%)
- M.r. Gair Ltd
5.5% - Industry AVG
Employees
with 8 employees, this is above the industry average (6)
8 - M.r. Gair Ltd
6 - Industry AVG
Pay Structure
on an average salary of £27.1k, the company has an equivalent pay structure (£27.1k)
- M.r. Gair Ltd
£27.1k - Industry AVG
Efficiency
resulting in sales per employee of £433k, this is more efficient (£97.2k)
- M.r. Gair Ltd
£97.2k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (38 days)
- M.r. Gair Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 175 days, this is slower than average (43 days)
- M.r. Gair Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 179 days, this is more than average (24 days)
- M.r. Gair Ltd
24 days - Industry AVG
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
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
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 House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
---|---|---|---|---|---|---|---|---|
Turnover | ||||||||
Other Income Or Grants | ||||||||
Cost Of Sales | ||||||||
Gross Profit | ||||||||
Admin Expenses | ||||||||
Operating Profit | ||||||||
Interest Payable | ||||||||
Interest Receivable | ||||||||
Pre-Tax Profit | ||||||||
Tax | ||||||||
Profit After Tax | ||||||||
Dividends Paid | ||||||||
Retained Profit | ||||||||
Employee Costs | ||||||||
Number Of Employees | 8 | 8 | 8 | 8 | 7 | 7 | 7 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 58,031 | 34,675 | 19,443 | 21,557 | 23,383 | 26,235 | 33,307 | 11,136 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 58,031 | 34,675 | 19,443 | 21,557 | 23,383 | 26,235 | 33,307 | 11,136 |
Stock & work in progress | 1,107,028 | 383,232 | 539,845 | 469,064 | 350,763 | 420,557 | 261,902 | 138,444 |
Trade Debtors | 96,814 | 106,652 | 115,409 | 49,130 | 168,173 | 153,690 | 50,469 | 97,972 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 73,775 | 2,782 | 5,126 | 6,947 | 17,908 | 14,897 | 16,109 | 3,047 |
Cash | 298,271 | 92,232 | 88,181 | 2,336 | 2,331 | 690 | 9,282 | 10,645 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,575,888 | 584,898 | 748,561 | 527,477 | 539,175 | 589,834 | 337,762 | 250,108 |
total assets | 1,633,919 | 619,573 | 768,004 | 549,034 | 562,558 | 616,069 | 371,069 | 261,244 |
Bank overdraft | 0 | 0 | 0 | 10,511 | 74,639 | 44,719 | 0 | 11,151 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,080,444 | 321,141 | 550,408 | 355,797 | 302,157 | 302,654 | 121,977 | 15,902 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 45,198 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 77,559 | 45,828 | 47,783 | 61,595 | 50,113 | 114,143 | 58,259 | 72,007 |
total current liabilities | 1,158,003 | 366,969 | 598,191 | 427,903 | 426,909 | 461,516 | 225,434 | 99,060 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 23,380 | 8,980 | 0 | 0 | 0 | 0 | 0 | 35,761 |
provisions | 11,026 | 6,588 | 3,694 | 4,096 | 4,443 | 4,985 | 6,328 | 2,227 |
total long term liabilities | 34,406 | 15,568 | 3,694 | 4,096 | 4,443 | 4,985 | 6,328 | 37,988 |
total liabilities | 1,192,409 | 382,537 | 601,885 | 431,999 | 431,352 | 466,501 | 231,762 | 137,048 |
net assets | 441,510 | 237,036 | 166,119 | 117,035 | 131,206 | 149,568 | 139,307 | 124,196 |
total shareholders funds | 441,510 | 237,036 | 166,119 | 117,035 | 131,206 | 149,568 | 139,307 | 124,196 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | ||||||||
Depreciation | 9,094 | 10,622 | 5,385 | 6,124 | 6,367 | 7,970 | 6,798 | 1,614 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||
Stock | 723,796 | -156,613 | 70,781 | 118,301 | -69,794 | 158,655 | 123,458 | 138,444 |
Debtors | 61,155 | -11,101 | 64,458 | -130,004 | 17,494 | 102,009 | -34,441 | 101,019 |
Creditors | 759,303 | -229,267 | 194,611 | 53,640 | -497 | 180,677 | 106,075 | 15,902 |
Accruals and Deferred Income | 31,731 | -1,955 | -13,812 | 11,482 | -64,030 | 55,884 | -13,748 | 72,007 |
Deferred Taxes & Provisions | 4,438 | 2,894 | -402 | -347 | -542 | -1,343 | 4,101 | 2,227 |
Cash flow from operations | ||||||||
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -45,198 | 45,198 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 14,400 | 8,980 | 0 | 0 | 0 | 0 | -35,761 | 35,761 |
share issue | ||||||||
interest | ||||||||
cash flow from financing | ||||||||
cash and cash equivalents | ||||||||
cash | 206,039 | 4,051 | 85,845 | 5 | 1,641 | -8,592 | -1,363 | 10,645 |
overdraft | 0 | 0 | -10,511 | -64,128 | 29,920 | 44,719 | -11,151 | 11,151 |
change in cash | 206,039 | 4,051 | 96,356 | 64,133 | -28,279 | -53,311 | 9,788 | -506 |
m.r. gair ltd Credit Report and Business Information
M.r. Gair Ltd Competitor Analysis
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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mark Gair | Scotland | 64 years | Dec 2014 | - | Director |
Ms Lesley Gair | Scotland | 63 years | Dec 2014 | - | Director |
P&L
April 2023turnover
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 2023net 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
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
date | description | view/download |
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