general express services limited
general express services limited Company Information
Company Number
00493487
Registered Address
central transport depot, opposite 13 berth, tilbury docks, essex, RM18 7EH
Industry
Freight transport by road
Telephone
01708522226
Next Accounts Due
February 2025
Group Structure
View All
Directors
Richard Daniells31 Years
Shareholders
richard daniells 100%
general express services limited Estimated Valuation
Pomanda estimates the enterprise value of GENERAL EXPRESS SERVICES LIMITED at £1.9m based on a Turnover of £5m and 0.38x industry multiple (adjusted for size and gross margin).
general express services limited Estimated Valuation
Pomanda estimates the enterprise value of GENERAL EXPRESS SERVICES LIMITED at £7m based on an EBITDA of £2m and a 3.49x industry multiple (adjusted for size and gross margin).
general express services limited Estimated Valuation
Pomanda estimates the enterprise value of GENERAL EXPRESS SERVICES LIMITED at £7.4m based on Net Assets of £2.9m and 2.55x industry multiple (adjusted for liquidity).
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General Express Services Limited Overview
General Express Services Limited is a live company located in tilbury docks, RM18 7EH with a Companies House number of 00493487. It operates in the freight transport by road sector, SIC Code 49410. Founded in March 1951, it's largest shareholder is richard daniells with a 100% stake. General Express Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5m with high growth in recent years.
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General Express Services Limited Health Check
Pomanda's financial health check has awarded General Express Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
3 Weak
Size
annual sales of £5m, make it smaller than the average company (£9.7m)
- General Express Services Limited
£9.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (8.5%)
- General Express Services Limited
8.5% - Industry AVG
Production
with a gross margin of 21.6%, this company has a comparable cost of product (21.6%)
- General Express Services Limited
21.6% - Industry AVG
Profitability
an operating margin of 23.5% make it more profitable than the average company (5.6%)
- General Express Services Limited
5.6% - Industry AVG
Employees
with 37 employees, this is below the industry average (61)
37 - General Express Services Limited
61 - Industry AVG
Pay Structure
on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)
- General Express Services Limited
£39.4k - Industry AVG
Efficiency
resulting in sales per employee of £135.9k, this is equally as efficient (£133.7k)
- General Express Services Limited
£133.7k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (52 days)
- General Express Services Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is close to average (30 days)
- General Express Services Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is more than average (2 days)
- General Express Services Limited
2 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (14 weeks)
32 weeks - General Express Services Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.1%, this is a lower level of debt than the average (62%)
53.1% - General Express Services Limited
62% - Industry AVG
GENERAL EXPRESS SERVICES LIMITED financials
General Express Services Limited's latest turnover from May 2023 is estimated at £5 million and the company has net assets of £2.9 million. According to their latest financial statements, General Express Services Limited has 37 employees and maintains cash reserves of £716.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 37 | 38 | 38 | 36 | 36 | 39 | 44 | 44 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,512,005 | 2,647,890 | 2,458,040 | 2,544,069 | 2,776,457 | 3,211,669 | 3,091,511 | 2,973,444 | 2,425,461 | 2,475,406 | 2,132,211 | 1,794,389 | 1,622,748 | 1,460,277 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 775 | 1,550 | 2,325 | 3,100 | 3,875 | 4,650 | 5,425 | 6,200 | 6,975 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 598 | 598 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 503,098 | 560,781 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,512,005 | 2,647,890 | 2,458,040 | 2,544,069 | 2,776,457 | 3,212,444 | 3,093,061 | 2,975,769 | 2,931,659 | 3,040,062 | 2,136,861 | 1,799,814 | 1,629,546 | 1,467,850 |
| Stock & work in progress | 60,000 | 60,000 | 30,000 | 30,000 | 30,000 | 30,000 | 23,000 | 23,000 | 23,000 | 23,000 | 23,000 | 23,000 | 23,000 | 12,000 |
| Trade Debtors | 825,587 | 1,096,309 | 762,815 | 447,255 | 630,305 | 677,380 | 733,606 | 659,165 | 406,296 | 296,417 | 523,369 | 519,497 | 488,337 | 520,692 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 503,815 | 265,500 | 204,301 | 138,057 | 117,124 | 117,661 | 178,616 | 244,983 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 716,780 | 643,167 | 79,494 | 18,241 | 19,157 | 116,302 | 220,571 | 197,088 | 88,423 | 97,253 | 29,872 | 14,081 | 10,603 | 74,541 |
| misc current assets | 559,889 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,666,071 | 2,064,976 | 1,076,610 | 633,553 | 796,586 | 941,343 | 1,155,793 | 1,124,236 | 517,719 | 416,670 | 576,241 | 556,578 | 521,940 | 607,233 |
| total assets | 6,178,076 | 4,712,866 | 3,534,650 | 3,177,622 | 3,573,043 | 4,153,787 | 4,248,854 | 4,100,005 | 3,449,378 | 3,456,732 | 2,713,102 | 2,356,392 | 2,151,486 | 2,075,083 |
| Bank overdraft | 0 | 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 | 342,972 | 462,008 | 425,783 | 275,568 | 468,415 | 376,143 | 417,106 | 347,793 | 1,247,525 | 1,224,296 | 774,327 | 784,652 | 709,152 | 763,891 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 657,716 | 451,391 | 344,210 | 481,584 | 499,068 | 543,315 | 492,387 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 578,345 | 374,157 | 278,448 | 355,596 | 570,190 | 651,716 | 509,462 | 397,741 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 237,571 | 288,709 | 103,408 | 150,984 | 54,762 | 58,738 | 83,782 | 210,790 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,158,888 | 1,782,590 | 1,259,030 | 1,126,358 | 1,574,951 | 1,585,665 | 1,553,665 | 1,448,711 | 1,247,525 | 1,224,296 | 774,327 | 784,652 | 709,152 | 763,891 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 75,990 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,510,636 | 644,246 | 504,615 | 354,906 | 379,732 | 951,314 | 1,128,024 | 1,151,882 | 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 | 0 | 0 | 0 | 0 | 0 | 911,882 | 1,116,795 | 972,251 | 634,310 | 513,265 | 422,340 |
| provisions | 608,047 | 269,765 | 189,861 | 146,200 | 137,261 | 159,113 | 175,000 | 182,000 | 198,000 | 176,000 | 140,000 | 140,000 | 135,000 | 122,000 |
| total long term liabilities | 2,118,683 | 914,011 | 694,476 | 501,106 | 516,993 | 1,110,427 | 1,303,024 | 1,409,872 | 1,109,882 | 1,292,795 | 1,112,251 | 774,310 | 648,265 | 544,340 |
| total liabilities | 3,277,571 | 2,696,601 | 1,953,506 | 1,627,464 | 2,091,944 | 2,696,092 | 2,856,689 | 2,858,583 | 2,357,407 | 2,517,091 | 1,886,578 | 1,558,962 | 1,357,417 | 1,308,231 |
| net assets | 2,900,505 | 2,016,265 | 1,581,144 | 1,550,158 | 1,481,099 | 1,457,695 | 1,392,165 | 1,241,422 | 1,091,971 | 939,641 | 826,524 | 797,430 | 794,069 | 766,852 |
| total shareholders funds | 2,900,505 | 2,016,265 | 1,581,144 | 1,550,158 | 1,481,099 | 1,457,695 | 1,392,165 | 1,241,422 | 1,091,971 | 939,641 | 826,524 | 797,430 | 794,069 | 766,852 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 838,036 | 443,782 | 406,559 | 456,234 | 478,512 | 511,942 | 512,933 | 440,573 | 445,011 | 242,505 | 136,250 | 114,819 | 131,256 | 115,754 |
| Amortisation | 0 | 0 | 0 | 0 | 775 | 775 | 775 | 775 | 775 | 775 | 775 | 775 | 775 | 775 |
| Tax | ||||||||||||||
| Stock | 0 | 30,000 | 0 | 0 | 0 | 7,000 | 0 | 0 | 0 | 0 | 0 | 0 | 11,000 | 12,000 |
| Debtors | -32,407 | 394,693 | 381,804 | -162,117 | -47,612 | -117,181 | 8,074 | -5,246 | 52,196 | 333,829 | 3,872 | 31,160 | -32,355 | 520,692 |
| Creditors | -119,036 | 36,225 | 150,215 | -192,847 | 92,272 | -40,963 | 69,313 | -899,732 | 23,229 | 449,969 | -10,325 | 75,500 | -54,739 | 763,891 |
| Accruals and Deferred Income | -51,138 | 185,301 | -47,576 | 96,222 | -3,976 | -25,044 | -127,008 | 210,790 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 338,282 | 79,904 | 43,661 | 8,939 | -21,852 | -15,887 | -7,000 | -16,000 | 22,000 | 36,000 | 0 | 5,000 | 13,000 | 122,000 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -598 | 0 | 598 |
| cash flow from investments | ||||||||||||||
| 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 | -657,716 | 206,325 | 107,181 | -137,374 | -17,484 | -44,247 | 50,928 | 492,387 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -75,990 | 75,990 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 1,070,578 | 235,340 | 72,561 | -239,420 | -653,108 | -34,456 | 87,863 | 1,549,623 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -911,882 | -204,913 | 144,544 | 337,941 | 121,045 | 90,925 | 422,340 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 73,613 | 563,673 | 61,253 | -916 | -97,145 | -104,269 | 23,483 | 108,665 | -8,830 | 67,381 | 15,791 | 3,478 | -63,938 | 74,541 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 73,613 | 563,673 | 61,253 | -916 | -97,145 | -104,269 | 23,483 | 108,665 | -8,830 | 67,381 | 15,791 | 3,478 | -63,938 | 74,541 |
general express services limited Credit Report and Business Information
General Express Services Limited Competitor Analysis
Perform a competitor analysis for general express services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
general express services limited Ownership
GENERAL EXPRESS SERVICES LIMITED group structure
General Express Services Limited has no subsidiary companies.
Ultimate parent company
GENERAL EXPRESS SERVICES LIMITED
00493487
general express services limited directors
General Express Services Limited currently has 1 director, Mr Richard Daniells serving since Aug 1992.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Daniells | United Kingdom | 55 years | Aug 1992 | - | Director |
P&L
May 2023turnover
5m
-11%
operating profit
1.2m
0%
gross margin
21.6%
+0.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
2.9m
+0.44%
total assets
6.2m
+0.31%
cash
716.8k
+0.11%
net assets
Total assets minus all liabilities
Similar Companies
general express services limited company details
company number
00493487
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
March 1951
age
73
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
central transport depot, opposite 13 berth, tilbury docks, essex, RM18 7EH
last accounts submitted
May 2023
general express services 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 5 charges/mortgages relating to general express services limited. Currently there are 1 open charges and 4 have been satisfied in the past.
general express services limited Companies House Filings - See Documents
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