Acar 2 Go Ltd

POWER SEARCH PRICING

SOLUTIONS

acar 2 go ltd Company Information

Live

EstablishedSmallDeclining

Company Number

06423007

Website

www.acar2go.co.uk

Registered Address

acar2go london road, aston clinton, aylesbury, buckinghamshire, HP22 5HQ

Industry

Sale of used cars and light motor vehicles

Telephone

441296632634

Next Accounts Due

October 2024

Group Structure

View All

Directors

Joseph Aquino2 Years

Richard Gaster2 Years

Shareholders

acar2go holdings ltd 100%

acar 2 go ltd Estimated Valuation

£497.2k

Pomanda estimates the enterprise value of ACAR 2 GO LTD at £497.2k based on a Turnover of £2.1m and 0.23x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Acar 2 Go Ltd AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Acar 2 Go Ltd is a live company located in aylesbury, HP22 5HQ with a Companies House number of 06423007. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in November 2007, it's largest shareholder is acar2go holdings ltd with a 100% stake. Acar 2 Go Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.1m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Acar 2 Go Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

5 Regular

4 Weak

Size

annual sales of £2.1m, make it in line with the average company (£2.6m)

Growth

3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (7.9%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for acar 2 go ltd. Get real-time insights into acar 2 go ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for acar 2 go ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

ACAR 2 GO LTD group structure

Acar 2 Go Ltd has no subsidiary companies.

Ultimate parent company

ACAR2GO HOLDINGS LTD

13813465

1 parent

ACAR 2 GO LTD

06423007

ACAR 2 GO LTD Shareholders

acar2go holdings ltd

100%

Acar 2 Go Ltd currently has 2 directors. The longest serving directors include Mr Joseph Aquino (Jan 2022) and Mr Richard Gaster (Jan 2022).

officer	country	age	start	end	role
Mr Joseph Aquino	England	37 years	Jan 2022	-	Director
Mr Richard Gaster	England	37 years	Jan 2022	-	Director

EXPORT

Acar 2 Go Ltd's latest turnover from January 2023 is estimated at £2.1 million and the company has net assets of £136.1 thousand. According to their latest financial statements, Acar 2 Go Ltd has 11 employees and maintains cash reserves of £132.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jan 2023	Jan 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	2,141,146	2,990,434	2,834,577	3,845,786	5,169,862	5,013,042	3,822,332	5,299,141	2,660,928	2,383,643	1,621,250	1,241,199	681,514	371,188
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,890,307	2,645,779	2,536,278	3,383,569	4,577,155	4,444,491	3,384,197	4,650,697	2,331,114	2,104,660	1,442,751	1,096,508	599,384	324,432
Gross Profit	250,840	344,655	298,298	462,217	592,706	568,551	438,134	648,444	329,814	278,983	178,499	144,691	82,130	46,755
Admin Expenses	703,772	281,002	299,194	510,702	616,473	630,818	384,104	322,285	104,042	247,378	42,112	121,309	53,399	24,862
Operating Profit	-452,932	63,653	-896	-48,485	-23,767	-62,267	54,030	326,159	225,772	31,605	136,387	23,382	28,731	21,893
Interest Payable	9,205	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	7,231	793	237	160	1,309	711	363	626	248	366	353	8	25	18
Pre-Tax Profit	-454,905	64,446	-659	-48,325	-22,458	-61,556	54,393	326,785	226,020	31,971	136,740	23,389	28,757	21,911
Tax	0	-12,245	0	0	0	0	-10,335	-65,357	-45,204	-6,714	-31,450	-5,613	-7,477	-6,135
Profit After Tax	-454,905	52,201	-659	-48,325	-22,458	-61,556	44,058	261,428	180,816	25,257	105,290	17,776	21,280	15,776
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-454,905	52,201	-659	-48,325	-22,458	-61,556	44,058	261,428	180,816	25,257	105,290	17,776	21,280	15,776
Employee Costs	345,792	302,034	316,500	347,406	317,013	314,199	250,694	324,110	158,180	153,631	128,964	99,984	49,038	25,837
Number Of Employees	11	10	11	12	11	11	9	12	6	6	5	4	2	1
EBITDA*	-452,598	63,987	-302	-30,413	-5,457	-61,001	55,718	327,460	227,332	33,684	138,765	24,159	29,001	22,253

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jan 2023	Jan 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets	1,114	1,448	1,782	36,857	54,930	3,798	5,064	3,903	4,678	6,238	7,932	2,329	810	1,080
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	207,194	145,962	0	0	0	0	0	0	0
Total Fixed Assets	1,114	1,448	1,782	36,857	54,930	210,992	151,026	3,903	4,678	6,238	7,932	2,329	810	1,080
Stock & work in progress	312,546	328,827	401,282	545,060	575,225	575,329	582,963	468,350	458,598	358,598	160,822	140,822	104,117	62,152
Trade Debtors	35,816	107,367	42,697	90,018	156,844	0	0	184,569	22,500	21,049	20,000	0	0	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	46,704	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	132,075	281,145	352,973	121,623	198,747	150,386	134,054	156,009	94,351	4,944	141,379	0	3,026	7,141
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	527,141	717,339	796,952	756,701	930,816	725,715	717,017	808,928	575,449	384,591	322,201	140,822	107,143	69,293
total assets	528,255	718,787	798,734	793,558	985,746	936,707	868,043	812,831	580,127	390,829	330,133	143,151	107,953	70,373
Bank overdraft	35,172	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	60,397	127,803	259,951	210,899	346,920	326,581	196,361	185,207	209,003	193,230	150,501	88,318	30,896	14,596
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	137,993	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	233,562	127,803	259,951	210,899	346,920	326,581	196,361	185,207	209,003	193,230	150,501	88,318	30,896	14,596
loans	158,614	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	43,217	51,059	0	0	0	4,928	12,219	19,509	0	40,000	40,000
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	158,614	0	0	43,217	51,059	0	0	0	4,928	12,219	19,509	0	40,000	40,000
total liabilities	392,176	127,803	259,951	254,116	397,979	326,581	196,361	185,207	213,931	205,449	170,010	88,318	70,896	54,596
net assets	136,079	590,984	538,783	539,442	587,767	610,126	671,682	627,624	366,196	185,380	160,123	54,833	37,057	15,777
total shareholders funds	136,079	590,984	538,783	539,442	587,767	610,126	671,682	627,624	366,196	185,380	160,123	54,833	37,057	15,777

	Jan 2023	Jan 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	-452,932	63,653	-896	-48,485	-23,767	-62,267	54,030	326,159	225,772	31,605	136,387	23,382	28,731	21,893
Depreciation	334	334	594	18,072	18,310	1,266	1,688	1,301	1,560	2,079	2,378	777	270	360
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-12,245	0	0	0	0	-10,335	-65,357	-45,204	-6,714	-31,450	-5,613	-7,477	-6,135
Stock	-16,281	-72,455	-143,778	-30,165	-104	-7,634	114,613	9,752	100,000	197,776	20,000	36,705	41,965	62,152
Debtors	-24,847	64,670	-47,321	-66,826	-50,350	61,232	-38,607	162,069	1,451	1,049	20,000	0	0	0
Creditors	-67,406	-132,148	49,052	-136,021	20,339	130,220	11,154	-23,796	15,773	42,729	62,183	57,422	16,300	14,596
Accruals and Deferred Income	137,993	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-340,883	-72,621	239,849	-69,443	65,336	15,621	-19,469	66,486	96,450	-129,126	129,498	39,263	-4,141	-31,438
Investing Activities
capital expenditure	0	0	34,481	1	-69,442	0	-2,849	-526	0	-385	-7,981	-2,296	0	-1,440
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	34,481	1	-69,442	0	-2,849	-526	0	-385	-7,981	-2,296	0	-1,440
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	158,614	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	-43,217	-7,842	51,059	0	0	-4,928	-7,291	-7,290	19,509	-40,000	0	40,000
share issue	0	0	0	0	99	0	0	0	0	0	0	0	0	1
interest	-1,974	793	237	160	1,309	711	363	626	248	366	353	8	25	18
cash flow from financing	156,640	793	-42,980	-7,682	52,467	711	363	-4,302	-7,043	-6,924	19,862	-39,992	25	40,019
cash and cash equivalents
cash	-149,070	-71,828	231,350	-77,124	48,361	16,332	-21,955	61,658	89,407	-136,435	141,379	-3,026	-4,115	7,141
overdraft	35,172	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-184,242	-71,828	231,350	-77,124	48,361	16,332	-21,955	61,658	89,407	-136,435	141,379	-3,026	-4,115	7,141

P&L

January 2023

turnover

2.1m

-28%

operating profit

-452.9k

gross margin

11.8%

+1.65%

turnover

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

Balance Sheet

January 2023

net assets

136.1k

-0.77%

total assets

528.3k

-0.27%

cash

132.1k

-0.53%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

r-group oxford ltd

whytehall car collection limited

3.5

tri-line limited

syre automotive ltd

jack williams car sales limited

company number

06423007

Type

Private limited with Share Capital

industry

45112 - Sale of used cars and light motor vehicles

incorporation date

November 2007

age

accounts

Total Exemption Full

ultimate parent company

ACAR2GO HOLDINGS LTD

previous names

N/A

incorporated

address

acar2go london road, aston clinton, aylesbury, buckinghamshire, HP22 5HQ

last accounts submitted

January 2023

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 found 4 charges/mortgages relating to acar 2 go ltd. Currently there are 1 open charges and 3 have been satisfied in the past.

acar 2 go ltd Company Information

acar 2 go ltd Estimated Valuation

acar 2 go ltd Estimated Valuation

acar 2 go ltd Estimated Valuation

Acar 2 Go Ltd AI Business Plan

Acar 2 Go Ltd Overview

Acar 2 Go Ltd Health Check

acar 2 go ltd Credit Report and Business Information

Acar 2 Go Ltd Competitor Analysis

acar 2 go ltd Ownership

acar 2 go ltd directors

ACAR 2 GO LTD financials

acar 2 go ltd company details

acar 2 go ltd Charges & Mortgages

acar 2 go ltd Companies House Filings - See Documents