Pomanda estimates the enterprise value of LOCKWOOD HAULAGE LIMITED at £19.4m based on a Turnover of £24.1m and 0.81x industry multiple (adjusted for size and gross margin).
lockwood haulage limitedEstimated Valuation
£16.5m
Pomanda estimates the enterprise value of LOCKWOOD HAULAGE LIMITED at £16.5m based on an EBITDA of £2.7m and a 6.05x industry multiple (adjusted for size and gross margin).
lockwood haulage limitedEstimated Valuation
£15.3m
Pomanda estimates the enterprise value of LOCKWOOD HAULAGE LIMITED at £15.3m based on Net Assets of £6.9m and 2.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lockwood Haulage LimitedOverview
Lockwood Haulage Limited is a live company located in derby, DE56 2JR with a Companies House number of 01087339. It operates in the freight transport by road sector, SIC Code 49410. Founded in December 1972, it's largest shareholder is
lockwood holdings limited
with a 100% stake. Lockwood Haulage Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£24.1m with
low
growth in recent years.
Pomanda's financial health check has awarded Lockwood Haulage Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
2 Regular
5 Weak
Size
annual sales of £24.1m, make it larger than the average company (£9.2m)
£24.1m - Lockwood Haulage Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (9.1%)
2% - Lockwood Haulage Limited
9.1% - Industry AVG
Production
with a gross margin of 30.7%, this company has a lower cost of product (22.9%)
30.7% - Lockwood Haulage Limited
22.9% - Industry AVG
Profitability
an operating margin of 4% make it less profitable than the average company (5.2%)
4% - Lockwood Haulage Limited
5.2% - Industry AVG
Employees
with 265 employees, this is above the industry average (58)
265 - Lockwood Haulage Limited
58 - Industry AVG
Pay Structure
on an average salary of £35.1k, the company has an equivalent pay structure (£40.7k)
£35.1k - Lockwood Haulage Limited
£40.7k - Industry AVG
Efficiency
resulting in sales per employee of £90.8k, this is less efficient (£136.9k)
£90.8k - Lockwood Haulage Limited
£136.9k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (51 days)
57 days - Lockwood Haulage Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (30 days)
27 days - Lockwood Haulage Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is more than average (1 days)
3 days - Lockwood Haulage Limited
1 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 34 weeks, this is more cash available to meet short term requirements (14 weeks)
34 weeks - Lockwood Haulage Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.7%, this is a lower level of debt than the average (60.9%)
52.7% - Lockwood Haulage Limited
60.9% - Industry AVG
LOCKWOOD HAULAGE LIMITED financials
EXPORT
Lockwood Haulage Limited's latest turnover from January 2024 is £24.1 million and the company has net assets of £6.9 million. According to their latest financial statements, Lockwood Haulage Limited has 265 employees and maintains cash reserves of £3.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
24,073,746
25,677,555
23,756,516
22,839,381
20,727,540
19,991,239
17,457,737
14,586,895
14,142,758
13,405,510
11,731,445
9,778,006
9,762,454
7,775,216
5,510,539
Other Income Or Grants
Cost Of Sales
16,682,227
18,341,428
16,828,483
15,798,531
15,709,218
15,044,625
12,816,211
10,369,241
9,836,933
9,374,137
8,368,052
7,417,776
8,034,840
5,932,113
4,358,472
Gross Profit
7,391,519
7,336,127
6,928,033
7,040,850
5,018,322
4,946,614
4,641,526
4,217,654
4,305,825
4,031,373
3,363,393
2,360,230
1,727,614
1,843,103
1,152,067
Admin Expenses
6,420,000
6,082,882
5,344,721
4,961,956
4,365,326
3,978,227
3,676,403
3,489,833
3,498,350
3,430,006
3,030,287
2,122,148
1,451,403
1,549,311
990,181
Operating Profit
971,519
1,253,245
1,583,312
2,078,894
652,996
968,387
965,123
727,821
807,475
601,367
333,106
238,082
276,211
293,792
161,886
Interest Payable
202,551
186,346
160,151
90,905
140,138
101,998
93,569
82,362
74,161
67,279
49,014
39,916
42,876
45,861
40,499
Interest Receivable
596
39
Pre-Tax Profit
768,968
1,066,899
1,423,161
1,987,989
512,858
866,389
871,554
646,055
733,353
538,366
284,092
198,166
233,335
247,931
121,387
Tax
-197,506
-182,958
-280,796
-396,024
-120,169
-161,097
-142,905
-147,825
-166,059
-121,710
-80,431
-32,528
-62,349
-106,403
14,904
Profit After Tax
571,462
883,941
1,142,365
1,591,965
392,689
705,292
728,649
498,230
567,294
416,656
203,661
165,638
170,986
141,528
136,291
Dividends Paid
500,000
2,000,000
1,100,000
Retained Profit
71,462
-1,116,059
42,365
1,591,965
392,689
705,292
728,649
498,230
567,294
416,656
203,661
165,638
170,986
141,528
136,291
Employee Costs
9,296,883
9,743,313
8,873,676
7,812,156
6,691,333
6,030,547
5,334,226
4,038,330
3,811,880
3,509,016
3,384,122
2,760,243
2,641,034
2,172,679
1,715,957
Number Of Employees
265
258
255
247
213
193
164
146
140
132
111
97
92
73
60
EBITDA*
2,730,557
3,176,981
3,555,941
4,056,695
2,399,314
2,649,557
2,452,491
1,924,176
1,887,773
625,112
1,122,771
875,230
861,201
801,260
610,286
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
5,072,535
5,249,277
5,514,716
6,573,134
6,637,374
5,326,407
5,640,479
5,302,630
4,881,344
4,282,640
4,114,216
2,953,917
2,637,028
2,186,300
2,204,257
Intangible Assets
Investments & Other
49,520
26,500
12,500
Debtors (Due After 1 year)
11,269
Total Fixed Assets
5,122,055
5,260,546
5,514,716
6,573,134
6,637,374
5,326,407
5,640,479
5,302,630
4,881,344
4,309,140
4,126,716
2,953,917
2,637,028
2,186,300
2,204,257
Stock & work in progress
172,182
150,434
125,370
95,425
133,288
73,191
98,779
84,090
57,594
90,243
65,873
102,291
97,469
73,526
68,972
Trade Debtors
3,777,123
4,885,534
3,885,837
4,708,812
4,412,518
4,207,101
3,598,495
2,095,248
2,026,802
1,967,880
1,520,434
1,653,989
1,503,707
1,851,849
1,044,458
Group Debtors
808,100
2,000,288
538,425
510,997
482,470
527,700
690,117
73,281
133,828
Misc Debtors
936,987
1,137,705
786,308
663,839
502,386
492,094
470,215
620,509
645,560
421,056
501,572
584,390
618,244
395,202
203,956
Cash
3,669,182
3,623,601
3,818,711
5,123,151
1,829,906
1,605,711
1,232,630
1,182,567
1,325,978
1,201,402
1,285,829
309,529
360,255
552,998
412,972
misc current assets
3,006
14,769
total current assets
9,363,574
9,800,280
10,616,514
11,129,652
7,403,864
6,860,567
5,927,819
4,672,531
4,129,215
3,814,409
3,373,708
2,650,199
2,579,675
2,873,575
1,730,358
total assets
14,485,629
15,060,826
16,131,230
17,702,786
14,041,238
12,186,974
11,568,298
9,975,161
9,010,559
8,123,549
7,500,424
5,604,116
5,216,703
5,059,875
3,934,615
Bank overdraft
Bank loan
Trade Creditors
1,243,386
1,674,101
1,110,106
1,144,370
1,040,920
939,377
1,119,602
951,295
852,558
750,901
618,331
814,350
633,310
632,564
456,551
Group/Directors Accounts
512,857
52,044
500,000
240,765
107,603
163,277
206,868
367,076
706,311
other short term finances
hp & lease commitments
1,703,290
1,689,191
2,189,128
1,598,618
1,556,827
1,334,658
1,202,298
1,070,195
936,164
786,229
922,698
449,331
455,337
392,220
424,487
other current liabilities
2,019,622
2,346,887
2,802,242
3,331,272
1,796,179
1,722,043
1,412,628
1,104,226
899,778
873,347
1,405,166
912,469
564,275
873,190
233,263
total current liabilities
5,479,155
5,762,223
6,601,476
6,074,260
4,634,691
4,103,681
3,897,805
3,332,584
3,055,576
3,116,788
2,946,195
2,176,150
1,652,922
1,897,974
1,114,301
loans
hp & lease commitments
1,622,492
2,108,294
1,417,613
3,558,750
2,969,849
2,144,222
2,369,309
2,000,069
1,828,158
1,475,296
1,419,772
510,508
713,378
425,953
394,922
Accruals and Deferred Income
other liabilities
23,845
81,073
138,301
provisions
532,400
410,189
215,962
215,962
174,849
69,911
137,316
207,289
189,836
161,770
181,418
144,235
185,590
184,893
154,165
total long term liabilities
2,154,892
2,518,483
1,633,575
3,774,712
3,144,698
2,214,133
2,506,625
2,207,358
2,017,994
1,637,066
1,601,190
678,588
980,041
749,147
549,087
total liabilities
7,634,047
8,280,706
8,235,051
9,848,972
7,779,389
6,317,814
6,404,430
5,539,942
5,073,570
4,753,854
4,547,385
2,854,738
2,632,963
2,647,121
1,663,388
net assets
6,851,582
6,780,120
7,896,179
7,853,814
6,261,849
5,869,160
5,163,868
4,435,219
3,936,989
3,369,695
2,953,039
2,749,378
2,583,740
2,412,754
2,271,227
total shareholders funds
6,851,582
6,780,120
7,896,179
7,853,814
6,261,849
5,869,160
5,163,868
4,435,219
3,936,989
3,369,695
2,953,039
2,749,378
2,583,740
2,412,754
2,271,227
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
971,519
1,253,245
1,583,312
2,078,894
652,996
968,387
965,123
727,821
807,475
601,367
333,106
238,082
276,211
293,792
161,886
Depreciation
1,759,038
1,923,736
1,972,629
1,977,801
1,746,318
1,681,170
1,487,368
1,196,355
1,080,298
23,745
789,665
637,148
584,990
507,468
448,400
Amortisation
Tax
-197,506
-182,958
-280,796
-396,024
-120,169
-161,097
-142,905
-147,825
-166,059
-121,710
-80,431
-32,528
-62,349
-106,403
14,904
Stock
21,748
25,064
29,945
-37,863
60,097
-25,588
14,689
26,496
-32,649
24,370
-36,418
4,822
23,943
4,554
68,972
Debtors
-512,298
-637,925
761,357
485,175
244,236
585,255
1,190,536
660,231
222,879
500,758
-216,373
116,428
-125,100
998,637
1,248,414
Creditors
-430,715
563,995
-34,264
103,450
101,543
-180,225
168,307
98,737
101,657
132,570
-196,019
181,040
746
176,013
456,551
Accruals and Deferred Income
-327,265
-455,355
-529,030
1,535,093
74,136
309,415
308,402
204,448
26,431
-531,819
492,697
348,194
-308,915
639,927
233,263
Deferred Taxes & Provisions
122,211
194,227
41,113
104,938
-67,405
-69,973
17,453
28,066
-19,648
37,183
-41,355
697
30,728
154,165
Cash flow from operations
2,387,832
3,909,751
1,920,549
4,893,015
2,255,429
1,990,578
1,511,097
1,410,262
1,687,638
-440,623
1,628,992
1,209,331
592,537
538,334
151,783
Investing Activities
capital expenditure
-1,582,296
-1,658,297
-914,211
-1,913,561
-3,057,285
-1,367,098
-1,825,217
-1,617,641
-134,721
-167,147
-12,874
-644,683
-166,213
1,206
-777,292
Change in Investments
49,520
-26,500
14,000
12,500
cash flow from investments
-1,631,816
-1,658,297
-914,211
-1,913,561
-3,057,285
-1,367,098
-1,825,217
-1,617,641
-108,221
-181,147
-25,374
-644,683
-166,213
1,206
-777,292
Financing Activities
Bank loans
Group/Directors Accounts
460,813
-447,956
500,000
-240,765
133,162
-55,674
-43,591
-160,208
-339,235
706,311
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-471,703
190,744
-1,550,627
630,692
1,047,796
-92,727
501,343
305,942
502,797
-80,945
1,382,631
-208,876
350,542
-1,236
819,409
other long term liabilities
-23,845
-57,228
-57,228
138,301
share issue
-1
2,134,936
interest
-202,551
-186,346
-160,151
-90,905
-140,138
-101,998
-93,569
-81,766
-74,122
-67,279
-49,014
-39,916
-42,876
-45,861
-40,499
cash flow from financing
-213,441
-443,558
-1,210,778
299,022
1,040,820
-250,399
364,183
63,968
89,440
558,087
1,309,772
-306,020
250,438
91,203
2,913,846
cash and cash equivalents
cash
45,581
-195,110
-1,304,440
3,293,245
224,195
373,081
50,063
-143,411
124,576
-84,427
976,300
-50,726
-192,743
140,026
412,972
overdraft
change in cash
45,581
-195,110
-1,304,440
3,293,245
224,195
373,081
50,063
-143,411
124,576
-84,427
976,300
-50,726
-192,743
140,026
412,972
lockwood haulage limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for lockwood haulage limited. Get real-time insights into lockwood haulage limited's credit score, group structure and payment trends.
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lockwood haulage limited Ownership
LOCKWOOD HAULAGE LIMITED group structure
Lockwood Haulage Limited has no subsidiary companies.
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 3 charges/mortgages relating to lockwood haulage limited. Currently there are 2 open charges and 1 have been satisfied in the past.
lockwood haulage 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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lockwood haulage limitedCompanies House Filings - See Documents
