f.t.s. (freight forwarders) limited
f.t.s. (freight forwarders) limited Company Information
Company Number
01207465
Next Accounts
119 days late
Industry
Motion picture distribution activities
Other transportation support activities
Directors
Shareholders
iron mountain (uk) plc
Group Structure
View All
Contact
Registered Address
10 fleet place, london, EC4M 7RB
Website
ironmountainsupplies.co.ukf.t.s. (freight forwarders) limited Estimated Valuation
Pomanda estimates the enterprise value of F.T.S. (FREIGHT FORWARDERS) LIMITED at £513.5k based on a Turnover of £841k and 0.61x industry multiple (adjusted for size and gross margin).
f.t.s. (freight forwarders) limited Estimated Valuation
Pomanda estimates the enterprise value of F.T.S. (FREIGHT FORWARDERS) LIMITED at £0 based on an EBITDA of £-1.6k and a 3.28x industry multiple (adjusted for size and gross margin).
f.t.s. (freight forwarders) limited Estimated Valuation
Pomanda estimates the enterprise value of F.T.S. (FREIGHT FORWARDERS) LIMITED at £158.2k based on Net Assets of £74.3k and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
F.t.s. (freight Forwarders) Limited Overview
F.t.s. (freight Forwarders) Limited is a live company located in london, EC4M 7RB with a Companies House number of 01207465. It operates in the operation of warehousing and storage facilities for land transport activities sector, SIC Code 52103. Founded in April 1975, it's largest shareholder is iron mountain (uk) plc with a 100% stake. F.t.s. (freight Forwarders) Limited is a mature, small sized company, Pomanda has estimated its turnover at £841k with declining growth in recent years.
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F.t.s. (freight Forwarders) Limited Health Check
Pomanda's financial health check has awarded F.T.S. (Freight Forwarders) Limited a 3 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
2 Regular
6 Weak
Size
annual sales of £841k, make it smaller than the average company (£8.9m)
£841k - F.t.s. (freight Forwarders) Limited
£8.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (2.9%)
-18% - F.t.s. (freight Forwarders) Limited
2.9% - Industry AVG
Production
with a gross margin of 32.2%, this company has a comparable cost of product (30.4%)
32.2% - F.t.s. (freight Forwarders) Limited
30.4% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (4.9%)
-0.2% - F.t.s. (freight Forwarders) Limited
4.9% - Industry AVG
Employees
with 4 employees, this is below the industry average (40)
4 - F.t.s. (freight Forwarders) Limited
40 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£53.5k)
£48.2k - F.t.s. (freight Forwarders) Limited
£53.5k - Industry AVG
Efficiency
resulting in sales per employee of £210.3k, this is less efficient (£249.2k)
£210.3k - F.t.s. (freight Forwarders) Limited
£249.2k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (48 days)
24 days - F.t.s. (freight Forwarders) Limited
48 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - F.t.s. (freight Forwarders) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (7 days)
5 days - F.t.s. (freight Forwarders) Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (11 weeks)
36 weeks - F.t.s. (freight Forwarders) Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.4%, this is a higher level of debt than the average (63.8%)
96.4% - F.t.s. (freight Forwarders) Limited
63.8% - Industry AVG
F.T.S. (FREIGHT FORWARDERS) LIMITED financials
F.T.S. (Freight Forwarders) Limited's latest turnover from December 2022 is £841 thousand and the company has net assets of £74.3 thousand. According to their latest financial statements, F.T.S. (Freight Forwarders) Limited has 4 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 841,027 | 845,826 | 533,283 | 1,534,334 | 1,641,815 | 1,544,528 | 1,783,396 | 1,557,367 | 1,653,679 | 1,892,918 | 2,139,013 | 4,219,230 | 2,887,344 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 570,440 | 563,334 | 524,403 | 1,214,739 | 1,200,432 | 1,112,388 | 1,260,535 | 1,202,823 | 1,299,942 | 1,407,991 | 1,555,921 | 3,105,993 | 2,106,763 |
| Gross Profit | 270,587 | 282,492 | 8,880 | 319,595 | 441,383 | 432,140 | 522,861 | 354,544 | 353,737 | 484,927 | 583,092 | 1,113,237 | 780,581 |
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 30,098 | 50,896 | -228,647 | 6,565 | 181,112 | 173,846 | 229,445 | 36,214 | 71,582 | 9,327 | -85,037 | 51,699 | -133,808 |
| Tax | 0 | 637 | -103 | -736 | 492 | -33,731 | -1,252 | -5,922 | -26,134 | 4,145 | 17,024 | 4,844 | -16,056 |
| Profit After Tax | 30,098 | 51,533 | -228,750 | 5,829 | 181,604 | 140,115 | 228,193 | 30,292 | 45,448 | 13,472 | -68,013 | 56,543 | -149,864 |
| Dividends Paid | 0 | 0 | 0 | 500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 30,098 | 51,533 | -228,750 | -494,171 | 181,604 | 140,115 | 228,193 | 30,292 | 45,448 | 13,472 | -68,013 | 56,543 | -149,864 |
| Employee Costs | 192,703 | 235,541 | 263,161 | 411,283 | 471,362 | 442,063 | 443,160 | 431,085 | 424,825 | 722,164 | 969,828 | 1,483,893 | 1,163,809 |
| Number Of Employees | 4 | 6 | 8 | 11 | 14 | 14 | 14 | 13 | 15 | 22 | 27 | 27 | 33 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 94 | 7,414 | 26,207 | 48,513 | 82,645 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 94 | 7,414 | 26,207 | 48,513 | 82,645 |
| Stock & work in progress | 9,156 | 7,892 | 7,892 | 7,892 | 7,597 | 7,747 | 7,081 | 8,056 | 6,181 | 9,660 | 14,232 | 16,981 | 8,697 |
| Trade Debtors | 55,682 | 65,498 | 65,793 | 170,788 | 353,498 | 112,953 | 313,758 | 258,914 | 413,440 | 209,045 | 351,141 | 542,848 | 577,013 |
| Group Debtors | 614,258 | 594,714 | 602,336 | 638,897 | 0 | 1,338,826 | 1,060,936 | 1,010,755 | 1,110,160 | 1,295,244 | 993,665 | 744,257 | 182,720 |
| Misc Debtors | 2,334 | 40,632 | 66,334 | 169,363 | 0 | 11,145 | 12,287 | 21,297 | 57,038 | 90,859 | 83,887 | 95,125 | 85,849 |
| Cash | 1,371,310 | 845,273 | 397,043 | 348,317 | 680,144 | 357,640 | 291,499 | 134,400 | 5,050 | 26,828 | 1,007 | 734 | 664 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,052,740 | 1,554,009 | 1,139,398 | 1,335,257 | 2,378,224 | 1,828,311 | 1,685,561 | 1,433,422 | 1,591,869 | 1,631,636 | 1,443,932 | 1,399,945 | 854,943 |
| total assets | 2,052,740 | 1,554,009 | 1,139,398 | 1,335,257 | 2,378,224 | 1,828,311 | 1,685,561 | 1,433,422 | 1,591,963 | 1,639,050 | 1,470,139 | 1,448,458 | 937,588 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 91,765 | 0 | 31,429 | 146,172 | 60,967 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 6,076 | 81,704 | 136,008 | 23,623 | 99,225 | 78,175 | 198,838 | 225,863 | 157,563 | 255,728 | 141,918 |
| Group/Directors Accounts | 1,945,331 | 1,436,231 | 1,107,381 | 976,068 | 0 | 1,160,210 | 1,111,523 | 58,329 | 31,566 | 1,230,160 | 1,114,216 | 780,371 | 557,439 |
| other short term finances | 0 | 0 | 0 | 0 | 1,398,941 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 33,070 | 73,537 | 33,233 | 56,027 | 0 | 110,453 | 80,903 | 74,469 | 77,658 | 93,050 | 90,426 | 121,669 | 89,289 |
| total current liabilities | 1,978,401 | 1,509,768 | 1,146,690 | 1,113,799 | 1,662,595 | 1,294,286 | 1,291,651 | 210,973 | 399,827 | 1,549,073 | 1,393,634 | 1,303,940 | 849,613 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,056,732 | 1,056,711 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,056,732 | 1,056,711 | 0 | 0 | 0 | 0 |
| total liabilities | 1,978,401 | 1,509,768 | 1,146,690 | 1,113,799 | 1,662,595 | 1,294,286 | 1,291,651 | 1,267,705 | 1,456,538 | 1,549,073 | 1,393,634 | 1,303,940 | 849,613 |
| net assets | 74,339 | 44,241 | -7,292 | 221,458 | 715,629 | 534,025 | 393,910 | 165,717 | 135,425 | 89,977 | 76,505 | 144,518 | 87,975 |
| total shareholders funds | 74,339 | 44,241 | -7,292 | 221,458 | 715,629 | 534,025 | 393,910 | 165,717 | 135,425 | 89,977 | 76,505 | 144,518 | 87,975 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 94 | 7,320 | 18,793 | 24,104 | 44,955 | 22,153 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 637 | -103 | -736 | 492 | -33,731 | -1,252 | -5,922 | -26,134 | 4,145 | 17,024 | 4,844 | -16,056 |
| Stock | 1,264 | 0 | 0 | 295 | -150 | 666 | -975 | 1,875 | -3,479 | -4,572 | -2,749 | 8,284 | 8,697 |
| Debtors | -28,570 | -33,619 | -244,585 | 625,550 | -1,109,426 | 75,943 | 96,015 | -289,672 | -14,510 | 166,455 | 46,463 | 536,648 | 845,582 |
| Creditors | 0 | -6,076 | -75,628 | -54,304 | 112,385 | -75,602 | 21,050 | -120,663 | -27,025 | 68,300 | -98,165 | 113,810 | 141,918 |
| Accruals and Deferred Income | -40,467 | 40,304 | -22,794 | 56,027 | -110,453 | 29,550 | 6,434 | -3,189 | -15,392 | 2,624 | -31,243 | 32,380 | 89,289 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 509,100 | 328,850 | 131,313 | 976,068 | -1,160,210 | 48,687 | 1,053,194 | 26,763 | -1,198,594 | 115,944 | 333,845 | 222,932 | 557,439 |
| Other Short Term Loans | 0 | 0 | 0 | -1,398,941 | 1,398,941 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -1,056,732 | 21 | 1,056,711 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | 509,100 | 328,850 | 131,313 | -422,873 | 48,687 | -3,538 | 26,784 | 115,944 | 333,845 | 222,932 | 795,278 | ||
| cash and cash equivalents | |||||||||||||
| cash | 526,037 | 448,230 | 48,726 | -331,827 | 322,504 | 66,141 | 157,099 | 129,350 | -21,778 | 25,821 | 273 | 70 | 664 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -91,765 | 91,765 | -31,429 | -114,743 | 85,205 | 60,967 |
| change in cash | 526,037 | 448,230 | 48,726 | -331,827 | 322,504 | 66,141 | 157,099 | 221,115 | -113,543 | 57,250 | 115,016 | -85,135 | -60,303 |
f.t.s. (freight forwarders) limited Credit Report and Business Information
F.t.s. (freight Forwarders) Limited Competitor Analysis
Perform a competitor analysis for f.t.s. (freight forwarders) limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in EC4M area or any other competitors across 12 key performance metrics.
f.t.s. (freight forwarders) limited Ownership
F.T.S. (FREIGHT FORWARDERS) LIMITED group structure
F.T.S. (Freight Forwarders) Limited has no subsidiary companies.
Ultimate parent company
IRON MOUNTAIN INC
#0042124
2 parents
F.T.S. (FREIGHT FORWARDERS) LIMITED
01207465
f.t.s. (freight forwarders) limited directors
F.T.S. (Freight Forwarders) Limited currently has 1 director, Mr Ian Hoptroff serving since Jan 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Hoptroff | 58 years | Jan 2021 | - | Director |
P&L
December 2022turnover
841k
-1%
operating profit
-1.6k
0%
gross margin
32.2%
-3.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
74.3k
+0.68%
total assets
2.1m
+0.32%
cash
1.4m
+0.62%
net assets
Total assets minus all liabilities
Similar Companies
f.t.s. (freight forwarders) limited company details
company number
01207465
Type
Private limited with Share Capital
industry
52103 - Operation of warehousing and storage facilities for land transport activities of division 49
59131 - Motion picture distribution activities
52290 - Other transportation support activities
incorporation date
April 1975
age
50
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
BDO LLP
address
10 fleet place, london, EC4M 7RB
Bank
NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
f.t.s. (freight forwarders) 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 6 charges/mortgages relating to f.t.s. (freight forwarders) limited. Currently there are 0 open charges and 6 have been satisfied in the past.
f.t.s. (freight forwarders) 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 F.T.S. (FREIGHT FORWARDERS) LIMITED. This can take several minutes, an email will notify you when this has completed.
f.t.s. (freight forwarders) limited Companies House Filings - See Documents
| date | description | view/download |
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