ceva freight (uk) limited
ceva freight (uk) limited Company Information
Company Number
01146292
Next Accounts
Sep 2025
Shareholders
ceva freight (uk) holdings ltd
Group Structure
View All
Industry
Cargo handling for water transport activities of division 50
+1Registered Address
ceva house excelsior road, ashby de la zouch, leicestershire, LE65 9BA
Website
www.cevalogistics.comceva freight (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of CEVA FREIGHT (UK) LIMITED at £184.7m based on a Turnover of £226.3m and 0.82x industry multiple (adjusted for size and gross margin).
ceva freight (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of CEVA FREIGHT (UK) LIMITED at £38.2m based on an EBITDA of £8.5m and a 4.49x industry multiple (adjusted for size and gross margin).
ceva freight (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of CEVA FREIGHT (UK) LIMITED at £219.7m based on Net Assets of £102.4m and 2.15x industry multiple (adjusted for liquidity).
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Ceva Freight (uk) Limited Overview
Ceva Freight (uk) Limited is a live company located in leicestershire, LE65 9BA with a Companies House number of 01146292. It operates in the freight air transport sector, SIC Code 51210. Founded in November 1973, it's largest shareholder is ceva freight (uk) holdings ltd with a 100% stake. Ceva Freight (uk) Limited is a mature, mega sized company, Pomanda has estimated its turnover at £226.3m with high growth in recent years.
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Ceva Freight (uk) Limited Health Check
Pomanda's financial health check has awarded Ceva Freight (Uk) 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
5 Strong
1 Regular
5 Weak
Size
annual sales of £226.3m, make it larger than the average company (£12.3m)
£226.3m - Ceva Freight (uk) Limited
£12.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (7.8%)
16% - Ceva Freight (uk) Limited
7.8% - Industry AVG
Production
with a gross margin of 7.7%, this company has a higher cost of product (21.7%)
7.7% - Ceva Freight (uk) Limited
21.7% - Industry AVG
Profitability
an operating margin of 4% make it less profitable than the average company (5.7%)
4% - Ceva Freight (uk) Limited
5.7% - Industry AVG
Employees
with 451 employees, this is above the industry average (36)
451 - Ceva Freight (uk) Limited
36 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has an equivalent pay structure (£47.3k)
£44.8k - Ceva Freight (uk) Limited
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £501.7k, this is more efficient (£276.5k)
£501.7k - Ceva Freight (uk) Limited
£276.5k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (41 days)
68 days - Ceva Freight (uk) Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (35 days)
9 days - Ceva Freight (uk) Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ceva Freight (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (11 weeks)
6 weeks - Ceva Freight (uk) Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.5%, this is a lower level of debt than the average (65.3%)
24.5% - Ceva Freight (uk) Limited
65.3% - Industry AVG
CEVA FREIGHT (UK) LIMITED financials
Ceva Freight (Uk) Limited's latest turnover from December 2023 is £226.3 million and the company has net assets of £102.4 million. According to their latest financial statements, Ceva Freight (Uk) Limited has 451 employees and maintains cash reserves of £3.4 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 | 226,251,000 | 241,614,000 | 220,484,000 | 145,757,000 | 158,582,000 | 190,582,000 | 164,932,000 | 140,677,000 | 134,489,000 | 153,742,000 | 151,728,000 | 160,498,000 | 179,267,000 | 169,477,000 | 128,877,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 208,841,000 | 220,679,000 | 204,996,000 | 134,067,000 | 146,564,000 | 173,900,000 | 151,896,000 | 129,455,000 | 123,869,000 | 143,392,000 | 143,989,000 | 147,633,000 | 161,182,000 | 156,745,000 | 117,905,000 |
| Gross Profit | 17,410,000 | 20,935,000 | 15,488,000 | 11,690,000 | 12,018,000 | 16,682,000 | 13,036,000 | 11,222,000 | 10,620,000 | 10,350,000 | 7,739,000 | 12,865,000 | 18,085,000 | 12,732,000 | 10,972,000 |
| Admin Expenses | 8,405,000 | 12,703,000 | 7,510,000 | 7,888,000 | 6,160,000 | 4,999,000 | 4,524,000 | 1,775,000 | 4,027,000 | 5,849,000 | 5,708,000 | 8,700,000 | 9,275,000 | 10,816,000 | 14,179,000 |
| Operating Profit | 9,005,000 | 8,232,000 | 7,978,000 | 3,802,000 | 5,858,000 | 11,683,000 | 8,512,000 | 9,447,000 | 6,593,000 | 4,501,000 | 2,031,000 | 4,165,000 | 8,810,000 | 1,916,000 | -3,207,000 |
| Interest Payable | 1,511,000 | 567,000 | 606,000 | 1,105,000 | 1,527,000 | 2,696,000 | 610,000 | 2,684,000 | 3,146,000 | 775,000 | 493,000 | 555,000 | 600,000 | 1,002,000 | 283,000 |
| Interest Receivable | 2,097,000 | 1,521,000 | 2,489,000 | 4,106,000 | 4,933,000 | 4,324,000 | 3,004,000 | 3,348,000 | 3,327,000 | 206,000 | 556,000 | 382,000 | 694,000 | 233,000 | |
| Pre-Tax Profit | 9,591,000 | 9,186,000 | 9,861,000 | 6,803,000 | 9,264,000 | 13,311,000 | 10,906,000 | 10,111,000 | 6,774,000 | 3,726,000 | 1,744,000 | 4,166,000 | 8,592,000 | 1,608,000 | -3,257,000 |
| Tax | -306,000 | -547,000 | 887,000 | -256,000 | 213,000 | -169,000 | -187,000 | -191,000 | -345,000 | 7,000 | -445,000 | -196,000 | -624,000 | 25,000 | 818,000 |
| Profit After Tax | 9,285,000 | 8,639,000 | 10,748,000 | 6,547,000 | 9,477,000 | 13,142,000 | 10,719,000 | 9,920,000 | 6,429,000 | 3,733,000 | 1,299,000 | 3,970,000 | 7,968,000 | 1,633,000 | -2,439,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 9,285,000 | 8,639,000 | 10,748,000 | 6,547,000 | 9,477,000 | 13,142,000 | 10,719,000 | 9,920,000 | 6,429,000 | 3,733,000 | 1,299,000 | 3,970,000 | 7,968,000 | 1,633,000 | -2,439,000 |
| Employee Costs | 20,193,000 | 19,904,000 | 17,483,000 | 13,959,000 | 13,372,000 | 12,020,000 | 10,017,000 | 10,788,000 | 10,592,000 | 10,121,000 | 10,921,000 | 12,867,000 | 13,255,000 | 13,344,000 | 15,383,000 |
| Number Of Employees | 451 | 427 | 397 | 371 | 332 | 281 | 74 | 307 | 329 | 341 | 357 | 411 | 425 | 444 | 486 |
| EBITDA* | 8,492,000 | 8,837,000 | 8,782,000 | 4,528,000 | 6,389,000 | 12,200,000 | 8,993,000 | 10,092,000 | 7,137,000 | 5,154,000 | 2,845,000 | 5,153,000 | 9,592,000 | 2,594,000 | -2,519,000 |
* 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 | 2,198,000 | 2,175,000 | 1,406,000 | 1,051,000 | 1,343,000 | 1,278,000 | 1,269,000 | 1,193,000 | 1,419,000 | 1,313,000 | 1,906,000 | 2,431,000 | 2,688,000 | 3,076,000 | 2,931,000 |
| Intangible Assets | -327,000 | 181,000 | 474,000 | 734,000 | 623,000 | 400,000 | 351,000 | 299,000 | 149,000 | 208,000 | |||||
| Investments & Other | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | |||
| Debtors (Due After 1 year) | 1,277,000 | 1,939,000 | 3,616,000 | 3,325,000 | 3,153,000 | 3,980,000 | 882,000 | 890,000 | 940,000 | 972,000 | 744,000 | ||||
| Total Fixed Assets | 3,148,000 | 4,295,000 | 1,880,000 | 5,901,000 | 5,791,000 | 5,331,000 | 6,100,000 | 2,874,000 | 2,958,000 | 2,961,000 | 3,378,000 | 2,931,000 | 3,932,000 | 3,576,000 | 3,431,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 42,497,000 | 23,700,000 | 44,846,000 | 15,128,000 | 18,961,000 | 22,656,000 | 17,042,000 | 17,943,000 | 13,662,000 | 15,835,000 | 14,842,000 | 17,365,000 | 15,704,000 | 22,563,000 | 17,458,000 |
| Group Debtors | 78,932,000 | 94,822,000 | 60,010,000 | 86,150,000 | 88,717,000 | 98,559,000 | 89,075,000 | 66,481,000 | 34,918,000 | 34,070,000 | 28,193,000 | 24,529,000 | 21,601,000 | 3,673,000 | 2,330,000 |
| Misc Debtors | 7,625,000 | 3,977,000 | 8,726,000 | 4,148,000 | 5,073,000 | 5,406,000 | 6,946,000 | 6,253,000 | 6,649,000 | 7,371,000 | 3,414,000 | 4,720,000 | 4,898,000 | 6,592,000 | 7,884,000 |
| Cash | 3,377,000 | 418,000 | 43,000 | 4,000 | 7,000 | 12,000 | 2,409,000 | 1,886,000 | 313,000 | 565,000 | 2,010,000 | ||||
| misc current assets | 560,000 | ||||||||||||||
| total current assets | 132,431,000 | 122,917,000 | 113,625,000 | 105,430,000 | 112,758,000 | 126,633,000 | 113,063,000 | 90,677,000 | 57,638,000 | 59,162,000 | 46,762,000 | 47,179,000 | 42,203,000 | 34,838,000 | 28,232,000 |
| total assets | 135,579,000 | 127,212,000 | 115,505,000 | 111,331,000 | 118,549,000 | 131,964,000 | 119,163,000 | 93,551,000 | 60,596,000 | 62,123,000 | 50,140,000 | 50,110,000 | 46,135,000 | 38,414,000 | 31,663,000 |
| Bank overdraft | 34,000 | 34,000 | 318,000 | 521,000 | |||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 5,404,000 | 9,747,000 | 9,737,000 | 10,045,000 | 15,368,000 | 15,831,000 | 11,850,000 | 14,648,000 | 10,676,000 | 15,308,000 | 10,668,000 | 8,740,000 | 6,883,000 | 9,058,000 | 8,978,000 |
| Group/Directors Accounts | 12,017,000 | 15,612,000 | 10,301,000 | 12,251,000 | 20,551,000 | 43,414,000 | 41,358,000 | 25,334,000 | 7,899,000 | 12,550,000 | 11,289,000 | 12,192,000 | 11,550,000 | 5,707,000 | 921,000 |
| other short term finances | |||||||||||||||
| hp & lease commitments | 178,000 | 174,000 | 170,000 | 166,000 | 162,000 | 158,000 | 154,000 | 150,000 | 146,000 | 143,000 | 203,000 | 136,000 | 133,000 | 129,000 | |
| other current liabilities | 10,191,000 | 2,876,000 | 2,646,000 | 5,083,000 | 4,853,000 | 3,877,000 | 8,488,000 | 6,619,000 | 5,517,000 | 3,808,000 | 4,729,000 | 7,341,000 | 9,637,000 | 13,847,000 | 14,133,000 |
| total current liabilities | 27,790,000 | 28,409,000 | 22,854,000 | 27,545,000 | 40,934,000 | 63,280,000 | 61,884,000 | 46,785,000 | 24,238,000 | 31,809,000 | 26,889,000 | 28,409,000 | 28,521,000 | 28,741,000 | 24,553,000 |
| loans | |||||||||||||||
| hp & lease commitments | 676,000 | 760,000 | 832,000 | 893,000 | 945,000 | 988,000 | 1,023,000 | 1,052,000 | 1,074,000 | 1,104,000 | 1,105,000 | 1,111,000 | 1,115,000 | 1,116,000 | |
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 2,000,000 | 708,000 | 708,000 | 582,000 | |||||||||||
| total long term liabilities | 5,421,000 | 6,162,000 | 12,402,000 | 16,902,000 | 15,380,000 | 16,015,000 | 20,211,000 | 19,671,000 | 15,606,000 | 17,237,000 | 12,491,000 | 10,735,000 | 7,845,000 | 8,268,000 | 5,650,000 |
| total liabilities | 33,211,000 | 34,571,000 | 35,256,000 | 44,447,000 | 56,314,000 | 79,295,000 | 82,095,000 | 66,456,000 | 39,844,000 | 49,046,000 | 39,380,000 | 39,144,000 | 36,366,000 | 37,009,000 | 30,203,000 |
| net assets | 102,368,000 | 92,641,000 | 80,249,000 | 66,884,000 | 62,235,000 | 52,669,000 | 37,068,000 | 27,095,000 | 20,752,000 | 13,077,000 | 10,760,000 | 10,966,000 | 9,769,000 | 1,405,000 | 1,460,000 |
| total shareholders funds | 102,368,000 | 92,641,000 | 80,249,000 | 66,884,000 | 62,235,000 | 52,669,000 | 37,068,000 | 27,095,000 | 20,752,000 | 13,077,000 | 10,760,000 | 10,966,000 | 9,769,000 | 1,405,000 | 1,460,000 |
| 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 | 9,005,000 | 8,232,000 | 7,978,000 | 3,802,000 | 5,858,000 | 11,683,000 | 8,512,000 | 9,447,000 | 6,593,000 | 4,501,000 | 2,031,000 | 4,165,000 | 8,810,000 | 1,916,000 | -3,207,000 |
| Depreciation | 586,000 | 402,000 | 488,000 | 454,000 | 455,000 | 295,000 | 285,000 | 308,000 | 354,000 | 653,000 | 814,000 | 988,000 | 782,000 | 678,000 | 688,000 |
| Amortisation | -1,099,000 | 203,000 | 316,000 | 272,000 | 76,000 | 222,000 | 196,000 | 337,000 | 190,000 | ||||||
| Tax | -306,000 | -547,000 | 887,000 | -256,000 | 213,000 | -169,000 | -187,000 | -191,000 | -345,000 | 7,000 | -445,000 | -196,000 | -624,000 | 25,000 | 818,000 |
| Stock | |||||||||||||||
| Debtors | 5,893,000 | 10,856,000 | 4,540,000 | -7,034,000 | -13,698,000 | 12,731,000 | 25,484,000 | 35,440,000 | -2,097,000 | 10,795,000 | 807,000 | 3,667,000 | 10,119,000 | 5,156,000 | 27,672,000 |
| Creditors | -4,343,000 | 10,000 | -308,000 | -5,323,000 | -463,000 | 3,981,000 | -2,798,000 | 3,972,000 | -4,632,000 | 4,640,000 | 1,928,000 | 1,857,000 | -2,175,000 | 80,000 | 8,978,000 |
| Accruals and Deferred Income | 7,315,000 | 230,000 | -2,437,000 | 230,000 | 976,000 | -4,611,000 | 1,869,000 | 1,102,000 | 1,709,000 | -921,000 | -2,612,000 | -2,296,000 | -4,210,000 | -286,000 | 14,133,000 |
| Deferred Taxes & Provisions | 1,292,000 | 126,000 | 582,000 | ||||||||||||
| Cash flow from operations | 6,557,000 | -2,326,000 | 2,510,000 | 6,795,000 | 20,813,000 | -1,330,000 | -17,607,000 | -20,465,000 | 5,966,000 | -1,915,000 | 909,000 | 851,000 | -7,536,000 | -2,743,000 | -6,262,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -500,000 | 500,000 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -3,595,000 | 5,311,000 | -1,950,000 | -8,300,000 | -22,863,000 | 2,056,000 | 16,024,000 | 17,435,000 | -4,651,000 | 1,261,000 | -903,000 | 642,000 | 5,843,000 | 4,786,000 | 921,000 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -80,000 | -68,000 | -57,000 | -48,000 | -39,000 | -31,000 | -25,000 | -18,000 | -27,000 | -61,000 | 61,000 | -1,000 | 3,000 | 1,245,000 | |
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 586,000 | 954,000 | 1,883,000 | 3,001,000 | 3,406,000 | 1,628,000 | 2,394,000 | 664,000 | 181,000 | -775,000 | -287,000 | 1,000 | -218,000 | -308,000 | -50,000 |
| cash flow from financing | -2,647,000 | 9,950,000 | 2,493,000 | -7,245,000 | -19,407,000 | 6,112,000 | 17,647,000 | 14,504,000 | -3,251,000 | -991,000 | -2,634,000 | -2,131,000 | 6,024,000 | 4,035,000 | 4,770,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 2,959,000 | 375,000 | 39,000 | -3,000 | -5,000 | 12,000 | -2,409,000 | 523,000 | 1,573,000 | -252,000 | 565,000 | -2,010,000 | 2,010,000 | ||
| overdraft | -34,000 | 34,000 | -318,000 | 318,000 | -521,000 | 521,000 | |||||||||
| change in cash | 2,959,000 | 375,000 | 39,000 | -3,000 | -5,000 | 46,000 | -2,443,000 | 523,000 | 1,573,000 | -252,000 | 883,000 | -2,328,000 | 2,531,000 | -521,000 |
ceva freight (uk) limited Credit Report and Business Information
Ceva Freight (uk) Limited Competitor Analysis
Perform a competitor analysis for ceva freight (uk) limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mega companies, companies in LE65 area or any other competitors across 12 key performance metrics.
ceva freight (uk) limited Ownership
CEVA FREIGHT (UK) LIMITED group structure
Ceva Freight (Uk) Limited has 3 subsidiary companies.
Ultimate parent company
CMA CGM
#0046772
2 parents
CEVA FREIGHT (UK) LIMITED
01146292
3 subsidiaries
ceva freight (uk) limited directors
Ceva Freight (Uk) Limited currently has 4 directors. The longest serving directors include Mr David Jones (Jul 2020) and Ms Deborah Godkin (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Jones | England | 50 years | Jul 2020 | - | Director |
| Ms Deborah Godkin | United Kingdom | 51 years | May 2023 | - | Director |
| Mr Huw Jenkins | 55 years | May 2023 | - | Director | |
| Mr Paul Farr | England | 49 years | May 2023 | - | Director |
P&L
December 2023turnover
226.3m
-6%
operating profit
9m
+9%
gross margin
7.7%
-11.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
102.4m
+0.1%
total assets
135.6m
+0.07%
cash
3.4m
+7.08%
net assets
Total assets minus all liabilities
ceva freight (uk) limited company details
company number
01146292
Type
Private limited with Share Capital
industry
52241 - Cargo handling for water transport activities of division 50
51210 - Freight air transport
incorporation date
November 1973
age
52
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
egl eagle global logistics (uk) limited (December 2007)
egl eagle global logistics limited (November 2000)
See moreaccountant
-
auditor
KPMG LLP
address
ceva house excelsior road, ashby de la zouch, leicestershire, LE65 9BA
Bank
ABN AMRO BANK
Legal Advisor
-
ceva freight (uk) 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 24 charges/mortgages relating to ceva freight (uk) limited. Currently there are 0 open charges and 24 have been satisfied in the past.
ceva freight (uk) 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.
Click to start generating capital raising & share issue transactions for CEVA FREIGHT (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.
ceva freight (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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