ds smith logistics limited
ds smith logistics limited Company Information
Company Number
00621604
Next Accounts
Jan 2026
Shareholders
ds smith paper ltd
Group Structure
View All
Industry
Freight transport by road
+1Registered Address
level 3 1 paddington square, london, W2 1DL
Website
https://www.severnside.comds smith logistics limited Estimated Valuation
Pomanda estimates the enterprise value of DS SMITH LOGISTICS LIMITED at £18.5m based on a Turnover of £32.8m and 0.56x industry multiple (adjusted for size and gross margin).
ds smith logistics limited Estimated Valuation
Pomanda estimates the enterprise value of DS SMITH LOGISTICS LIMITED at £5.3m based on an EBITDA of £1.3m and a 3.98x industry multiple (adjusted for size and gross margin).
ds smith logistics limited Estimated Valuation
Pomanda estimates the enterprise value of DS SMITH LOGISTICS LIMITED at £7.9m based on Net Assets of £3.5m and 2.28x industry multiple (adjusted for liquidity).
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Ds Smith Logistics Limited Overview
Ds Smith Logistics Limited is a live company located in london, W2 1DL with a Companies House number of 00621604. It operates in the freight transport by road sector, SIC Code 49410. Founded in February 1959, it's largest shareholder is ds smith paper ltd with a 100% stake. Ds Smith Logistics Limited is a mature, large sized company, Pomanda has estimated its turnover at £32.8m with healthy growth in recent years.
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Ds Smith Logistics Limited Health Check
Pomanda's financial health check has awarded Ds Smith Logistics Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £32.8m, make it larger than the average company (£10.7m)
£32.8m - Ds Smith Logistics Limited
£10.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (11.6%)
11% - Ds Smith Logistics Limited
11.6% - Industry AVG
Production
with a gross margin of 3.5%, this company has a higher cost of product (23.1%)
3.5% - Ds Smith Logistics Limited
23.1% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (5%)
-1% - Ds Smith Logistics Limited
5% - Industry AVG
Employees
with 154 employees, this is above the industry average (52)
154 - Ds Smith Logistics Limited
52 - Industry AVG
Pay Structure
on an average salary of £50.1k, the company has an equivalent pay structure (£43.4k)
£50.1k - Ds Smith Logistics Limited
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £213k, this is more efficient (£152.7k)
£213k - Ds Smith Logistics Limited
£152.7k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (45 days)
3 days - Ds Smith Logistics Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (29 days)
78 days - Ds Smith Logistics Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (3 days)
2 days - Ds Smith Logistics Limited
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Ds Smith Logistics Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.3%, this is a higher level of debt than the average (56.8%)
90.3% - Ds Smith Logistics Limited
56.8% - Industry AVG
DS SMITH LOGISTICS LIMITED financials
Ds Smith Logistics Limited's latest turnover from April 2024 is £32.8 million and the company has net assets of £3.5 million. According to their latest financial statements, Ds Smith Logistics Limited has 154 employees and maintains cash reserves of £263 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 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 | 32,802,000 | 32,839,000 | 28,538,000 | 24,213,000 | 23,847,000 | 23,090,000 | 22,735,000 | 22,878,000 | 29,709,000 | 35,106,000 | 36,246,000 | 35,662,000 | 35,459,000 | 34,508,000 | 33,791,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 31,641,000 | 31,772,000 | 27,655,000 | 23,175,000 | 22,520,000 | 21,314,000 | 21,417,000 | 21,016,000 | 27,941,000 | 33,119,000 | 33,233,000 | 32,948,000 | 32,204,000 | 31,853,000 | 30,947,000 |
| Gross Profit | 1,161,000 | 1,067,000 | 883,000 | 1,038,000 | 1,327,000 | 1,776,000 | 1,318,000 | 1,862,000 | 1,768,000 | 1,987,000 | 3,013,000 | 2,714,000 | 3,255,000 | 2,655,000 | 2,844,000 |
| Admin Expenses | 1,496,000 | 1,337,000 | 1,358,000 | 1,022,000 | 1,491,000 | 1,622,000 | 1,101,000 | 1,963,000 | 2,152,000 | 2,466,000 | 2,924,000 | 2,689,000 | 2,878,000 | 2,608,000 | 2,693,000 |
| Operating Profit | -335,000 | -270,000 | -475,000 | 16,000 | -164,000 | 154,000 | 217,000 | -101,000 | -384,000 | -479,000 | 89,000 | 25,000 | 377,000 | 47,000 | 151,000 |
| Interest Payable | 730,000 | 221,000 | 198,000 | 328,000 | 6,000 | 17,000 | 32,000 | 14,000 | 19,000 | ||||||
| Interest Receivable | 34,000 | 57,000 | 14,000 | 3,000 | 20,000 | 7,000 | 7,000 | 50,000 | 93,000 | 137,000 | 120,000 | 325,000 | |||
| Pre-Tax Profit | -1,031,000 | -434,000 | -659,000 | -283,000 | -505,000 | 179,000 | 195,000 | -156,000 | -470,000 | -474,000 | 57,000 | 118,000 | 500,000 | 169,000 | 550,000 |
| Tax | -79,000 | -129,000 | -13,000 | 19,000 | 27,000 | -27,000 | -52,000 | 49,000 | 140,000 | 157,000 | -45,000 | -15,000 | -139,000 | -10,000 | -98,000 |
| Profit After Tax | -1,110,000 | -563,000 | -672,000 | -264,000 | -478,000 | 152,000 | 143,000 | -107,000 | -330,000 | -317,000 | 12,000 | 103,000 | 361,000 | 159,000 | 452,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -1,110,000 | -563,000 | -672,000 | -264,000 | -478,000 | 152,000 | 143,000 | -107,000 | -330,000 | -317,000 | 12,000 | 103,000 | 361,000 | 159,000 | 452,000 |
| Employee Costs | 7,720,000 | 7,102,000 | 6,030,000 | 5,519,000 | 5,436,000 | 5,492,000 | 5,286,000 | 5,129,000 | 6,540,000 | 6,991,000 | 7,677,000 | 7,891,000 | 8,429,000 | 8,803,000 | 9,072,000 |
| Number Of Employees | 154 | 149 | 131 | 10 | 130 | 136 | 153 | 130 | 150 | 192 | 213 | 234 | 249 | 251 | 265 |
| EBITDA* | 1,337,000 | 1,102,000 | 1,326,000 | 1,882,000 | 1,591,000 | 179,000 | 266,000 | -24,000 | -307,000 | -369,000 | 283,000 | 188,000 | 527,000 | 164,000 | 328,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 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 | 95,000 | 20,848,000 | 10,336,000 | 15,252,000 | 23,417,000 | 1,145,000 | 1,048,000 | 78,000 | 85,000 | 137,000 | 245,000 | 391,000 | 475,000 | 398,000 | 357,000 |
| Intangible Assets | 9,854,000 | ||||||||||||||
| Investments & Other | 978,000 | 356,000 | 1,181,000 | 1,284,000 | |||||||||||
| Debtors (Due After 1 year) | 14,429,000 | 19,370,000 | 7,485,000 | 5,360,000 | 16,606,000 | 774,000 | 774,000 | 774,000 | 774,000 | 774,000 | 8,890,000 | 8,785,000 | 8,651,000 | ||
| Total Fixed Assets | 25,356,000 | 20,848,000 | 10,279,000 | 9,892,000 | 23,064,000 | 1,145,000 | 1,048,000 | 1,208,000 | 1,266,000 | 1,421,000 | 1,019,000 | 1,165,000 | 9,365,000 | 9,183,000 | 9,008,000 |
| Stock & work in progress | 175,000 | 228,000 | 255,000 | 174,000 | 158,000 | 100,000 | 173,000 | 85,000 | 116,000 | 163,000 | 221,000 | 173,000 | 264,000 | 238,000 | 294,000 |
| Trade Debtors | 323,000 | 105,000 | 483,000 | 45,000 | 39,000 | 39,000 | 18,000 | 129,000 | 125,000 | 125,000 | 122,000 | 123,000 | 68,000 | 118,000 | |
| Group Debtors | 8,751,000 | 4,910,000 | 5,889,000 | 3,730,000 | 11,604,000 | 10,769,000 | 10,806,000 | 11,984,000 | 13,530,000 | 13,648,000 | 15,154,000 | 3,769,000 | 3,919,000 | 3,499,000 | |
| Misc Debtors | 976,000 | 1,911,000 | 1,557,000 | 1,142,000 | 1,909,000 | 1,583,000 | 1,068,000 | 883,000 | 997,000 | 1,294,000 | 933,000 | 1,465,000 | 1,673,000 | 1,612,000 | 1,409,000 |
| Cash | 263,000 | 1,367,000 | 5,102,000 | 1,123,000 | 1,613,000 | 997,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | ||||
| misc current assets | 145,000 | 101,000 | 95,000 | 109,000 | 156,000 | ||||||||||
| total current assets | 10,488,000 | 7,154,000 | 9,551,000 | 10,485,000 | 2,347,000 | 14,555,000 | 13,763,000 | 12,884,000 | 13,335,000 | 15,269,000 | 14,928,000 | 16,915,000 | 5,829,000 | 5,838,000 | 5,321,000 |
| total assets | 35,844,000 | 28,002,000 | 19,830,000 | 20,377,000 | 25,411,000 | 15,700,000 | 14,811,000 | 14,092,000 | 14,601,000 | 16,690,000 | 15,947,000 | 18,080,000 | 15,194,000 | 15,021,000 | 14,329,000 |
| Bank overdraft | 9,438,000 | 3,477,000 | 125,000 | 231,000 | 44,000 | 2,539,000 | 426,000 | 1,497,000 | 1,535,000 | ||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 6,777,000 | 5,787,000 | 5,512,000 | 4,664,000 | 4,518,000 | 4,609,000 | 4,854,000 | 4,963,000 | 5,259,000 | 5,798,000 | 5,583,000 | 5,817,000 | 5,459,000 | 4,131,000 | 3,761,000 |
| Group/Directors Accounts | 5,350,000 | 154,000 | 246,000 | 88,000 | 106,000 | 144,000 | 75,000 | 196,000 | 212,000 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 2,786,000 | 978,000 | 1,469,000 | 1,933,000 | 1,965,000 | ||||||||||
| other current liabilities | 1,385,000 | 6,661,000 | 6,272,000 | 4,880,000 | 4,170,000 | 3,768,000 | 2,713,000 | 1,351,000 | 1,035,000 | 1,601,000 | 1,137,000 | 531,000 | 622,000 | 943,000 | 726,000 |
| total current liabilities | 16,298,000 | 22,864,000 | 13,253,000 | 11,477,000 | 14,130,000 | 8,377,000 | 7,567,000 | 6,468,000 | 6,665,000 | 7,718,000 | 6,870,000 | 9,031,000 | 6,582,000 | 6,767,000 | 6,234,000 |
| loans | 8,719,000 | 1,114,000 | 2,832,000 | 5,484,000 | 9,134,000 | ||||||||||
| hp & lease commitments | 7,224,000 | 557,000 | 1,416,000 | 2,742,000 | 4,567,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,097,000 | 1,311,000 | |||||||||||||
| provisions | 141,000 | 98,000 | 2,288,000 | 1,512,000 | 72,000 | 1,518,000 | 2,179,000 | 350,000 | 334,000 | 3,000 | 3,000 | ||||
| total long term liabilities | 16,084,000 | 606,000 | 1,416,000 | 3,839,000 | 5,711,000 | 756,000 | 1,383,000 | 1,518,000 | 2,179,000 | 350,000 | 334,000 | 3,000 | 3,000 | ||
| total liabilities | 32,382,000 | 23,470,000 | 14,669,000 | 15,316,000 | 19,841,000 | 9,133,000 | 7,567,000 | 7,851,000 | 8,183,000 | 9,897,000 | 7,220,000 | 9,365,000 | 6,582,000 | 6,770,000 | 6,237,000 |
| net assets | 3,462,000 | 4,532,000 | 5,161,000 | 5,061,000 | 5,570,000 | 6,567,000 | 7,244,000 | 6,241,000 | 6,418,000 | 6,793,000 | 8,727,000 | 8,715,000 | 8,612,000 | 8,251,000 | 8,092,000 |
| total shareholders funds | 3,462,000 | 4,532,000 | 5,161,000 | 5,061,000 | 5,570,000 | 6,567,000 | 7,244,000 | 6,241,000 | 6,418,000 | 6,793,000 | 8,727,000 | 8,715,000 | 8,612,000 | 8,251,000 | 8,092,000 |
| Apr 2024 | Apr 2023 | Apr 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 | -335,000 | -270,000 | -475,000 | 16,000 | -164,000 | 154,000 | 217,000 | -101,000 | -384,000 | -479,000 | 89,000 | 25,000 | 377,000 | 47,000 | 151,000 |
| Depreciation | 25,000 | 1,372,000 | 1,801,000 | 1,866,000 | 1,755,000 | 25,000 | 49,000 | 77,000 | 77,000 | 110,000 | 194,000 | 163,000 | 150,000 | 117,000 | 177,000 |
| Amortisation | 1,647,000 | ||||||||||||||
| Tax | -79,000 | -129,000 | -13,000 | 19,000 | 27,000 | -27,000 | -52,000 | 49,000 | 140,000 | 157,000 | -45,000 | -15,000 | -139,000 | -10,000 | -98,000 |
| Stock | -53,000 | -27,000 | 81,000 | 16,000 | 58,000 | -73,000 | 88,000 | -31,000 | -47,000 | -58,000 | 48,000 | -91,000 | 26,000 | -56,000 | 294,000 |
| Debtors | -1,817,000 | 10,882,000 | 5,137,000 | -8,277,000 | 4,593,000 | 1,311,000 | 169,000 | -629,000 | -1,839,000 | -531,000 | -2,035,000 | 3,060,000 | 71,000 | 707,000 | 13,677,000 |
| Creditors | 990,000 | 275,000 | 848,000 | 146,000 | -91,000 | -245,000 | -109,000 | -296,000 | -539,000 | 215,000 | -234,000 | 358,000 | 1,328,000 | 370,000 | 3,761,000 |
| Accruals and Deferred Income | -5,276,000 | 389,000 | 1,392,000 | 710,000 | 402,000 | 1,055,000 | 1,362,000 | 316,000 | -566,000 | 464,000 | 606,000 | -91,000 | -321,000 | 217,000 | 726,000 |
| Deferred Taxes & Provisions | 43,000 | 98,000 | -2,288,000 | 776,000 | 1,512,000 | -72,000 | -1,446,000 | -661,000 | 1,829,000 | 16,000 | 334,000 | -3,000 | 3,000 | ||
| Cash flow from operations | -1,115,000 | -9,120,000 | -1,665,000 | 8,730,000 | -1,946,000 | 1,236,000 | 1,138,000 | -741,000 | -47,000 | 2,885,000 | 2,613,000 | -2,195,000 | 1,295,000 | 90,000 | -9,251,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 978,000 | -356,000 | -825,000 | -103,000 | 1,284,000 | ||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 5,350,000 | -154,000 | -92,000 | 158,000 | -18,000 | -38,000 | 69,000 | -121,000 | -16,000 | 212,000 | |||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 7,605,000 | -1,718,000 | -2,652,000 | -3,650,000 | 9,134,000 | ||||||||||
| Hire Purchase and Lease Commitments | 8,475,000 | -1,350,000 | -1,790,000 | -1,857,000 | 6,532,000 | ||||||||||
| other long term liabilities | -1,097,000 | 1,097,000 | -1,311,000 | 1,311,000 | |||||||||||
| share issue | |||||||||||||||
| interest | -696,000 | -164,000 | -184,000 | -325,000 | 20,000 | 7,000 | -6,000 | -10,000 | 50,000 | -32,000 | 93,000 | 123,000 | 101,000 | 325,000 | |
| cash flow from financing | 20,774,000 | -3,298,000 | -4,951,000 | -4,655,000 | 14,822,000 | -809,000 | -598,000 | 1,143,000 | 103,000 | -1,585,000 | -70,000 | 162,000 | 2,000 | 85,000 | 8,177,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 263,000 | -1,367,000 | -3,735,000 | 5,102,000 | -1,123,000 | -490,000 | 616,000 | 997,000 | -1,000 | 1,000 | -1,000 | 1,000 | |||
| overdraft | -9,438,000 | 9,438,000 | -3,477,000 | 3,477,000 | -125,000 | -106,000 | 187,000 | -2,495,000 | 2,113,000 | -1,071,000 | -38,000 | 1,535,000 | |||
| change in cash | 9,701,000 | -10,805,000 | -3,735,000 | 8,579,000 | -4,600,000 | -490,000 | 616,000 | 1,122,000 | 105,000 | -187,000 | 2,495,000 | -2,112,000 | 1,070,000 | 38,000 | -1,534,000 |
ds smith logistics limited Credit Report and Business Information
Ds Smith Logistics Limited Competitor Analysis
Perform a competitor analysis for ds smith logistics limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in W 2 area or any other competitors across 12 key performance metrics.
ds smith logistics limited Ownership
DS SMITH LOGISTICS LIMITED group structure
Ds Smith Logistics Limited has no subsidiary companies.
Ultimate parent company
2 parents
DS SMITH LOGISTICS LIMITED
00621604
ds smith logistics limited directors
Ds Smith Logistics Limited currently has 2 directors. The longest serving directors include Mr William Hicks (Jan 2016) and Ms Emma Ciechan (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Hicks | 62 years | Jan 2016 | - | Director | |
| Ms Emma Ciechan | 48 years | May 2022 | - | Director |
P&L
April 2024turnover
32.8m
0%
operating profit
-335k
+24%
gross margin
3.6%
+8.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
3.5m
-0.24%
total assets
35.8m
+0.28%
cash
263k
0%
net assets
Total assets minus all liabilities
ds smith logistics limited company details
company number
00621604
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
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
February 1959
age
66
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2024
previous names
a.a.griggs and company limited (June 2011)
accountant
-
auditor
ERNST & YOUNG LLP
address
level 3 1 paddington square, london, W2 1DL
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
SLAUGHTER AND MAY
ds smith logistics 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 1 charges/mortgages relating to ds smith logistics limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ds smith logistics limited 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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ds smith logistics limited Companies House Filings - See Documents
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