logistex limited
logistex limited Company Information
Company Number
00334189
Next Accounts
Sep 2025
Shareholders
logistex europe ltd
Group Structure
View All
Industry
Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)
Registered Address
2700 kettering parkway, kettering, northamptonshire, NN15 6XR
Website
www.logistex.comlogistex limited Estimated Valuation
Pomanda estimates the enterprise value of LOGISTEX LIMITED at £36.8m based on a Turnover of £35.3m and 1.04x industry multiple (adjusted for size and gross margin).
logistex limited Estimated Valuation
Pomanda estimates the enterprise value of LOGISTEX LIMITED at £2.8m based on an EBITDA of £390k and a 7.07x industry multiple (adjusted for size and gross margin).
logistex limited Estimated Valuation
Pomanda estimates the enterprise value of LOGISTEX LIMITED at £7.5m based on Net Assets of £3.5m and 2.17x industry multiple (adjusted for liquidity).
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Logistex Limited Overview
Logistex Limited is a live company located in northamptonshire, NN15 6XR with a Companies House number of 00334189. It operates in the other service activities incidental to land transportation, n.e.c. sector, SIC Code 52219. Founded in November 1937, it's largest shareholder is logistex europe ltd with a 100% stake. Logistex Limited is a mature, large sized company, Pomanda has estimated its turnover at £35.3m with low growth in recent years.
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Logistex Limited Health Check
Pomanda's financial health check has awarded Logistex Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £35.3m, make it larger than the average company (£12.7m)
£35.3m - Logistex Limited
£12.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (9.2%)
4% - Logistex Limited
9.2% - Industry AVG
Production
with a gross margin of 21.4%, this company has a comparable cost of product (25.4%)
21.4% - Logistex Limited
25.4% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (5.3%)
0.7% - Logistex Limited
5.3% - Industry AVG
Employees
with 283 employees, this is above the industry average (48)
283 - Logistex Limited
48 - Industry AVG
Pay Structure
on an average salary of £66.1k, the company has a higher pay structure (£49.1k)
£66.1k - Logistex Limited
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £124.6k, this is less efficient (£186.9k)
£124.6k - Logistex Limited
£186.9k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is near the average (40 days)
43 days - Logistex Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (33 days)
24 days - Logistex Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (6 days)
3 days - Logistex Limited
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is average cash available to meet short term requirements (25 weeks)
29 weeks - Logistex Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.6%, this is a higher level of debt than the average (53.8%)
64.6% - Logistex Limited
53.8% - Industry AVG
LOGISTEX LIMITED financials
Logistex Limited's latest turnover from December 2023 is £35.3 million and the company has net assets of £3.5 million. According to their latest financial statements, Logistex Limited has 283 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 35,252,000 | 31,794,000 | 28,358,000 | 31,349,000 | 31,580,000 | 24,588,000 | 26,238,000 | 25,399,000 | 24,083,000 | 20,018,000 | 16,383,000 | 15,799,000 | 15,136,000 | 19,278,000 | 37,588,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 27,712,000 | 24,568,000 | 21,801,000 | 24,668,000 | 26,979,000 | 19,134,000 | 20,128,000 | 19,514,000 | 19,343,000 | 15,680,000 | 12,768,000 | 12,363,000 | 11,659,000 | 14,468,000 | 33,400,000 |
| Gross Profit | 7,540,000 | 7,226,000 | 6,557,000 | 6,681,000 | 4,601,000 | 5,454,000 | 6,110,000 | 5,885,000 | 4,740,000 | 4,338,000 | 3,615,000 | 3,436,000 | 3,477,000 | 4,810,000 | 4,188,000 |
| Admin Expenses | 7,278,000 | 5,189,000 | 4,781,000 | 4,771,000 | 4,576,000 | 4,747,000 | 4,319,000 | 4,155,000 | 3,804,000 | 3,565,000 | 3,091,000 | 3,081,000 | 3,190,000 | 4,053,000 | 5,404,000 |
| Operating Profit | 262,000 | 2,037,000 | 1,776,000 | 1,910,000 | 25,000 | 707,000 | 1,791,000 | 1,730,000 | 936,000 | 773,000 | 524,000 | 355,000 | 287,000 | 757,000 | -1,216,000 |
| Interest Payable | 17,000 | 19,000 | 5,000 | 8,000 | 5,000 | 11,000 | 60,000 | 226,000 | 475,000 | 603,000 | |||||
| Interest Receivable | 125,000 | 121,000 | 22,000 | 44,000 | 49,000 | 14,000 | 37,000 | 9,000 | 9,000 | 9,000 | 157,000 | 7,000 | 2,000 | ||
| Pre-Tax Profit | 387,000 | 2,158,000 | 1,798,000 | 1,937,000 | 55,000 | 716,000 | 1,820,000 | 1,734,000 | 934,000 | 722,000 | 681,000 | 362,000 | -142,000 | 282,000 | -1,201,000 |
| Tax | 75,000 | 385,000 | -92,000 | 309,000 | -37,000 | 191,000 | -174,000 | 78,000 | 93,000 | 67,000 | 315,000 | -472,000 | -451,000 | -338,000 | -939,000 |
| Profit After Tax | 462,000 | 2,543,000 | 1,706,000 | 2,246,000 | 18,000 | 907,000 | 1,646,000 | 1,812,000 | 1,027,000 | 789,000 | 996,000 | -110,000 | -593,000 | -56,000 | -2,140,000 |
| Dividends Paid | 749,000 | 717,000 | 669,000 | 152,000 | 78,000 | 247,000 | |||||||||
| Retained Profit | 462,000 | 2,543,000 | 1,706,000 | 2,246,000 | 18,000 | 158,000 | 929,000 | 1,143,000 | 875,000 | 711,000 | 749,000 | -110,000 | -593,000 | -56,000 | -2,140,000 |
| Employee Costs | 18,703,000 | 16,265,000 | 14,650,000 | 13,761,000 | 14,299,000 | 13,650,000 | 12,910,000 | 12,222,000 | 11,408,000 | 10,359,000 | 9,543,000 | 9,213,000 | 9,366,000 | 10,265,000 | 13,500,000 |
| Number Of Employees | 283 | 270 | 261 | 255 | 269 | 264 | 254 | 239 | 233 | 218 | 209 | 205 | 215 | 227 | 323 |
| EBITDA* | 390,000 | 2,147,000 | 1,904,000 | 2,051,000 | 190,000 | 911,000 | 1,981,000 | 1,894,000 | 1,077,000 | 866,000 | 594,000 | 430,000 | 438,000 | 1,018,000 | -697,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 423,000 | 431,000 | 397,000 | 435,000 | 481,000 | 444,000 | 496,000 | 351,000 | 355,000 | 280,000 | 159,000 | 147,000 | 113,000 | 215,000 | 435,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 1,262,000 | 4,947,000 | 2,881,000 | 2,141,000 | 1,099,000 | 27,000 | |||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 423,000 | 1,693,000 | 5,344,000 | 3,316,000 | 2,622,000 | 1,543,000 | 523,000 | 351,000 | 355,000 | 280,000 | 159,000 | 147,000 | 113,000 | 215,000 | 435,000 |
| Stock & work in progress | 286,000 | 415,000 | 499,000 | 552,000 | 478,000 | 727,000 | 495,000 | 547,000 | 593,000 | 547,000 | 521,000 | 450,000 | 461,000 | 349,000 | 601,000 |
| Trade Debtors | 4,192,000 | 6,676,000 | 6,259,000 | 5,765,000 | 4,318,000 | 5,010,000 | 4,103,000 | 4,163,000 | 2,873,000 | 2,763,000 | 2,719,000 | 2,586,000 | 3,147,000 | 3,354,000 | 4,252,000 |
| Group Debtors | 224,000 | ||||||||||||||
| Misc Debtors | 2,086,000 | 1,905,000 | 1,114,000 | 950,000 | 688,000 | 507,000 | 531,000 | 529,000 | 614,000 | 799,000 | 500,000 | 322,000 | 324,000 | 312,000 | 833,000 |
| Cash | 2,850,000 | 4,465,000 | 5,227,000 | 3,084,000 | 2,227,000 | 3,196,000 | 4,777,000 | 4,821,000 | 2,983,000 | 2,600,000 | 2,266,000 | 1,838,000 | 2,495,000 | 2,191,000 | 1,908,000 |
| misc current assets | |||||||||||||||
| total current assets | 9,414,000 | 13,461,000 | 13,099,000 | 10,351,000 | 7,711,000 | 9,440,000 | 9,906,000 | 10,060,000 | 7,063,000 | 6,933,000 | 6,006,000 | 5,196,000 | 6,427,000 | 6,206,000 | 7,594,000 |
| total assets | 9,837,000 | 15,154,000 | 18,443,000 | 13,667,000 | 10,333,000 | 10,983,000 | 10,429,000 | 10,411,000 | 7,418,000 | 7,213,000 | 6,165,000 | 5,343,000 | 6,540,000 | 6,421,000 | 8,029,000 |
| Bank overdraft | 160,000 | ||||||||||||||
| Bank loan | 239,000 | 227,000 | 188,000 | 267,000 | 269,000 | 269,000 | |||||||||
| Trade Creditors | 1,884,000 | 3,142,000 | 1,930,000 | 2,309,000 | 2,755,000 | 2,776,000 | 5,360,000 | 2,360,000 | 1,908,000 | 1,175,000 | 1,179,000 | 814,000 | 612,000 | 700,000 | 473,000 |
| Group/Directors Accounts | 51,000 | 51,000 | 51,000 | 51,000 | 51,000 | 51,000 | 51,000 | 51,000 | 51,000 | 51,000 | 51,000 | 51,000 | 9,893,000 | 9,562,000 | |
| other short term finances | 15,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,878,000 | 4,917,000 | 6,338,000 | 4,309,000 | 2,936,000 | 4,075,000 | 3,617,000 | 1,756,000 | 2,642,000 | 1,920,000 | 1,632,000 | 1,380,000 | 1,998,000 | 2,915,000 | |
| total current liabilities | 5,052,000 | 8,337,000 | 8,507,000 | 6,936,000 | 6,011,000 | 7,171,000 | 5,360,000 | 6,028,000 | 3,730,000 | 3,868,000 | 3,150,000 | 2,497,000 | 2,043,000 | 12,751,000 | 12,950,000 |
| loans | 519,000 | 754,000 | 171,000 | 419,000 | 669,000 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 196,000 | 475,000 | 154,000 | 428,000 | 515,000 | 190,000 | 219,000 | 20,000 | 10,000 | 100,000 | 100,000 | 100,000 | 173,000 | 483,000 | 1,132,000 |
| total long term liabilities | 1,305,000 | 1,229,000 | 154,000 | 599,000 | 934,000 | 859,000 | 219,000 | 435,000 | 275,000 | 441,000 | 1,581,000 | 100,000 | 813,000 | 2,985,000 | 5,250,000 |
| total liabilities | 6,357,000 | 9,566,000 | 8,661,000 | 7,535,000 | 6,945,000 | 8,030,000 | 5,579,000 | 6,463,000 | 4,005,000 | 4,309,000 | 4,731,000 | 2,597,000 | 2,856,000 | 15,736,000 | 18,200,000 |
| net assets | 3,480,000 | 5,588,000 | 9,782,000 | 6,132,000 | 3,388,000 | 2,953,000 | 4,850,000 | 3,948,000 | 3,413,000 | 2,904,000 | 1,434,000 | 2,746,000 | 3,684,000 | -9,315,000 | -10,171,000 |
| total shareholders funds | 3,480,000 | 5,588,000 | 9,782,000 | 6,132,000 | 3,388,000 | 2,953,000 | 4,850,000 | 3,948,000 | 3,413,000 | 2,904,000 | 1,434,000 | 2,746,000 | 3,684,000 | -9,315,000 | -10,171,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 262,000 | 2,037,000 | 1,776,000 | 1,910,000 | 25,000 | 707,000 | 1,791,000 | 1,730,000 | 936,000 | 773,000 | 524,000 | 355,000 | 287,000 | 757,000 | -1,216,000 |
| Depreciation | 128,000 | 110,000 | 128,000 | 141,000 | 165,000 | 204,000 | 190,000 | 164,000 | 141,000 | 93,000 | 70,000 | 75,000 | 151,000 | 261,000 | 519,000 |
| Amortisation | |||||||||||||||
| Tax | 75,000 | 385,000 | -92,000 | 309,000 | -37,000 | 191,000 | -174,000 | 78,000 | 93,000 | 67,000 | 315,000 | -472,000 | -451,000 | -338,000 | -939,000 |
| Stock | -129,000 | -84,000 | -53,000 | 74,000 | -249,000 | 232,000 | -52,000 | -46,000 | 46,000 | 26,000 | 71,000 | -11,000 | 112,000 | -252,000 | 601,000 |
| Debtors | -2,303,000 | 1,208,000 | 658,000 | 1,709,000 | -511,000 | 883,000 | -58,000 | 1,205,000 | -299,000 | 567,000 | 311,000 | -563,000 | -195,000 | -1,419,000 | 5,085,000 |
| Creditors | -1,258,000 | 1,212,000 | -379,000 | -446,000 | -21,000 | -2,584,000 | 3,000,000 | 452,000 | 733,000 | -4,000 | 365,000 | 202,000 | -88,000 | 227,000 | 473,000 |
| Accruals and Deferred Income | -2,039,000 | -1,421,000 | 2,029,000 | 1,373,000 | -1,139,000 | 4,075,000 | -3,617,000 | 1,861,000 | -886,000 | 722,000 | 288,000 | 252,000 | -618,000 | -917,000 | 2,915,000 |
| Deferred Taxes & Provisions | -279,000 | 321,000 | -274,000 | -87,000 | 325,000 | -29,000 | 199,000 | 10,000 | -90,000 | -73,000 | -310,000 | -649,000 | 1,132,000 | ||
| Cash flow from operations | -679,000 | 1,520,000 | 2,583,000 | 1,417,000 | 78,000 | 1,449,000 | 1,499,000 | 3,136,000 | 1,180,000 | 1,058,000 | 1,180,000 | 913,000 | -946,000 | 1,012,000 | -2,802,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1,262,000 | -3,685,000 | 2,066,000 | 740,000 | 1,042,000 | 1,072,000 | 27,000 | ||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 12,000 | 39,000 | -79,000 | -2,000 | 269,000 | ||||||||||
| Group/Directors Accounts | 51,000 | -51,000 | -9,842,000 | 331,000 | 9,562,000 | ||||||||||
| Other Short Term Loans | -15,000 | 15,000 | |||||||||||||
| Long term loans | -235,000 | 754,000 | -171,000 | -248,000 | -250,000 | 669,000 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 125,000 | 121,000 | 22,000 | 27,000 | 30,000 | 9,000 | 29,000 | 4,000 | -2,000 | -51,000 | 157,000 | 7,000 | -224,000 | -475,000 | -603,000 |
| cash flow from financing | -2,668,000 | -5,823,000 | 1,716,000 | 275,000 | 197,000 | -1,057,000 | -49,000 | -619,000 | -353,000 | 708,000 | -1,904,000 | -821,000 | 3,526,000 | 768,000 | 928,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,615,000 | -762,000 | 2,143,000 | 857,000 | -969,000 | -1,581,000 | -44,000 | 1,838,000 | 383,000 | 334,000 | 428,000 | -657,000 | 304,000 | 283,000 | 1,908,000 |
| overdraft | -160,000 | 160,000 | |||||||||||||
| change in cash | -1,615,000 | -762,000 | 2,143,000 | 857,000 | -969,000 | -1,581,000 | -44,000 | 1,838,000 | 383,000 | 334,000 | 428,000 | -657,000 | 464,000 | 123,000 | 1,908,000 |
logistex limited Credit Report and Business Information
Logistex Limited Competitor Analysis
Perform a competitor analysis for logistex limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in NN15 area or any other competitors across 12 key performance metrics.
logistex limited Ownership
LOGISTEX LIMITED group structure
Logistex Limited has no subsidiary companies.
Ultimate parent company
2 parents
LOGISTEX LIMITED
00334189
logistex limited directors
Logistex Limited currently has 5 directors. The longest serving directors include Mr Mark Nicholson (Jan 2010) and Mr Jeremy Woodhouse (Jan 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Nicholson | 63 years | Jan 2010 | - | Director | |
| Mr Jeremy Woodhouse | 67 years | Jan 2010 | - | Director | |
| Mr Andrew Branch | 60 years | Feb 2011 | - | Director | |
| Mr Simon Webber | Wales | 62 years | Feb 2011 | - | Director |
| Mr Anthony Gruber | 60 years | Jul 2021 | - | Director |
P&L
December 2023turnover
35.3m
+11%
operating profit
262k
-87%
gross margin
21.4%
-5.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.5m
-0.38%
total assets
9.8m
-0.35%
cash
2.9m
-0.36%
net assets
Total assets minus all liabilities
logistex limited company details
company number
00334189
Type
Private limited with Share Capital
industry
52219 - Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)
incorporation date
November 1937
age
88
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
fki logistex limited (October 2009)
cleco systems limited (April 2003)
See moreaccountant
-
auditor
COOPER PARRY GROUP LIMITED
address
2700 kettering parkway, kettering, northamptonshire, NN15 6XR
Bank
BARCLAYS BANK PLC
Legal Advisor
-
logistex 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 found 11 charges/mortgages relating to logistex limited. Currently there are 3 open charges and 8 have been satisfied in the past.
logistex limited Capital Raised & Share Issues BETA
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Click to start generating capital raising & share issue transactions for LOGISTEX LIMITED. This can take several minutes, an email will notify you when this has completed.
logistex limited Companies House Filings - See Documents
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