christchurch cars limited

3.5

christchurch cars limited Company Information

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Company Number

10023779

Registered Address

10 airfield road, christchurch, dorset, BH23 3TG

Industry

Sale of used cars and light motor vehicles

 

Telephone

01202488818

Next Accounts Due

December 2024

Group Structure

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Directors

Robert Linnell8 Years

William MacVicar8 Years

Shareholders

anna macvicar 25%

maralyn macvicar 25%

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christchurch cars limited Estimated Valuation

£321.6k

Pomanda estimates the enterprise value of CHRISTCHURCH CARS LIMITED at £321.6k based on a Turnover of £1.8m and 0.18x industry multiple (adjusted for size and gross margin).

christchurch cars limited Estimated Valuation

£74.1k

Pomanda estimates the enterprise value of CHRISTCHURCH CARS LIMITED at £74.1k based on an EBITDA of £26.2k and a 2.83x industry multiple (adjusted for size and gross margin).

christchurch cars limited Estimated Valuation

£650k

Pomanda estimates the enterprise value of CHRISTCHURCH CARS LIMITED at £650k based on Net Assets of £243.2k and 2.67x industry multiple (adjusted for liquidity).

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Christchurch Cars Limited Overview

Christchurch Cars Limited is a live company located in dorset, BH23 3TG with a Companies House number of 10023779. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in February 2016, it's largest shareholder is anna macvicar with a 25% stake. Christchurch Cars Limited is a young, small sized company, Pomanda has estimated its turnover at £1.8m with high growth in recent years.

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Christchurch Cars Limited Health Check

Pomanda's financial health check has awarded Christchurch Cars Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £1.8m, make it smaller than the average company (£3.1m)

£1.8m - Christchurch Cars Limited

£3.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (7.9%)

23% - Christchurch Cars Limited

7.9% - Industry AVG

production

Production

with a gross margin of 6.9%, this company has a higher cost of product (11%)

6.9% - Christchurch Cars Limited

11% - Industry AVG

profitability

Profitability

an operating margin of 1.5% make it less profitable than the average company (2.9%)

1.5% - Christchurch Cars Limited

2.9% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (7)

3 - Christchurch Cars Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)

£31.9k - Christchurch Cars Limited

£31.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £587.6k, this is more efficient (£468.4k)

£587.6k - Christchurch Cars Limited

£468.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 84 days, this is later than average (8 days)

84 days - Christchurch Cars Limited

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 35 days, this is slower than average (16 days)

35 days - Christchurch Cars Limited

16 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Christchurch Cars Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Christchurch Cars Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40.6%, this is a lower level of debt than the average (68.5%)

40.6% - Christchurch Cars Limited

68.5% - Industry AVG

christchurch cars limited 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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Christchurch Cars Limited Competitor Analysis

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christchurch cars limited Ownership

CHRISTCHURCH CARS LIMITED group structure

Christchurch Cars Limited has no subsidiary companies.

Ultimate parent company

CHRISTCHURCH CARS LIMITED

10023779

CHRISTCHURCH CARS LIMITED Shareholders

anna macvicar 25%
maralyn macvicar 25%
robert linnell 25%
neil macvicar 25%

christchurch cars limited directors

Christchurch Cars Limited currently has 2 directors. The longest serving directors include Mr Robert Linnell (Feb 2016) and Mr William MacVicar (Feb 2016).

officercountryagestartendrole
Mr Robert LinnellUnited Kingdom54 years Feb 2016- Director
Mr William MacVicarEngland72 years Feb 2016- Director

CHRISTCHURCH CARS LIMITED financials

EXPORTms excel logo

Christchurch Cars Limited's latest turnover from March 2023 is estimated at £1.8 million and the company has net assets of £243.2 thousand. According to their latest financial statements, Christchurch Cars Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover1,762,6781,817,4361,232,136938,3341,101,2121,492,9752,454,546
Other Income Or Grants0000000
Cost Of Sales1,641,1841,686,1041,153,850873,1561,021,0431,383,7842,268,580
Gross Profit121,494131,33178,28665,17880,169109,190185,966
Admin Expenses95,2876,377-23,86379,24989,32796,591122,185
Operating Profit26,207124,954102,149-14,071-9,15812,59963,781
Interest Payable0000000
Interest Receivable0000000
Pre-Tax Profit26,207124,954102,149-14,071-9,15812,59963,781
Tax-4,979-23,741-19,40800-2,394-12,756
Profit After Tax21,228101,21382,741-14,071-9,15810,20551,025
Dividends Paid0000000
Retained Profit21,228101,21382,741-14,071-9,15810,20551,025
Employee Costs95,68892,40285,30586,85286,13583,486110,899
Number Of Employees3333334
EBITDA*26,207124,954102,149-14,071-9,15812,59963,781

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets0000000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets0000000
Stock & work in progress0000000
Trade Debtors409,671418,015321,833172,500195,954205,619214,682
Group Debtors0000000
Misc Debtors0000000
Cash0000000
misc current assets0000000
total current assets409,671418,015321,833172,500195,954205,619214,682
total assets409,671418,015321,833172,500195,954205,619214,682
Bank overdraft0000000
Bank loan0000000
Trade Creditors 161,444181,016151,091134,499143,882144,389163,657
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities161,444181,016151,091134,499143,882144,389163,657
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities5,04415,04450,0000000
provisions0000000
total long term liabilities5,04415,04450,0000000
total liabilities166,488196,060201,091134,499143,882144,389163,657
net assets243,183221,955120,74238,00152,07261,23051,025
total shareholders funds243,183221,955120,74238,00152,07261,23051,025
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit26,207124,954102,149-14,071-9,15812,59963,781
Depreciation0000000
Amortisation0000000
Tax-4,979-23,741-19,40800-2,394-12,756
Stock0000000
Debtors-8,34496,182149,333-23,454-9,665-9,063214,682
Creditors-19,57229,92516,592-9,383-507-19,268163,657
Accruals and Deferred Income0000000
Deferred Taxes & Provisions0000000
Cash flow from operations10,00034,956-50,0000000
Investing Activities
capital expenditure0000000
Change in Investments0000000
cash flow from investments0000000
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities-10,000-34,95650,0000000
share issue0000000
interest0000000
cash flow from financing-10,000-34,95650,0000000
cash and cash equivalents
cash0000000
overdraft0000000
change in cash0000000

P&L

March 2023

turnover

1.8m

-3%

operating profit

26.2k

0%

gross margin

6.9%

-4.62%

turnover

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

Balance Sheet

March 2023

net assets

243.2k

+0.1%

total assets

409.7k

-0.02%

cash

0

0%

net assets

Total assets minus all liabilities

christchurch cars limited company details

company number

10023779

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

February 2016

age

8

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

10 airfield road, christchurch, dorset, BH23 3TG

last accounts submitted

March 2023

christchurch cars 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 christchurch cars limited.

charges

christchurch cars limited Companies House Filings - See Documents

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