trans global freight management limited
trans global freight management limited Company Information
Company Number
01272658
Website
http://tgfml.comRegistered Address
woodlands 79 high street, greenhithe, kent, DA9 9RD
Industry
Other transportation support activities
Telephone
01932778100
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
trans global plc 100%
trans global freight management limited Estimated Valuation
Pomanda estimates the enterprise value of TRANS GLOBAL FREIGHT MANAGEMENT LIMITED at £169.8m based on a Turnover of £222.3m and 0.76x industry multiple (adjusted for size and gross margin).
trans global freight management limited Estimated Valuation
Pomanda estimates the enterprise value of TRANS GLOBAL FREIGHT MANAGEMENT LIMITED at £7.5m based on an EBITDA of £1.8m and a 4.27x industry multiple (adjusted for size and gross margin).
trans global freight management limited Estimated Valuation
Pomanda estimates the enterprise value of TRANS GLOBAL FREIGHT MANAGEMENT LIMITED at £13.1m based on Net Assets of £7.6m and 1.73x industry multiple (adjusted for liquidity).
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Trans Global Freight Management Limited Overview
Trans Global Freight Management Limited is a live company located in kent, DA9 9RD with a Companies House number of 01272658. It operates in the other transportation support activities sector, SIC Code 52290. Founded in August 1976, it's largest shareholder is trans global plc with a 100% stake. Trans Global Freight Management Limited is a mature, mega sized company, Pomanda has estimated its turnover at £222.3m with healthy growth in recent years.
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Trans Global Freight Management Limited Health Check
Pomanda's financial health check has awarded Trans Global Freight Management Limited a 2.5 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 £222.3m, make it larger than the average company (£10.9m)
£222.3m - Trans Global Freight Management Limited
£10.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (8.3%)
5% - Trans Global Freight Management Limited
8.3% - Industry AVG
Production
with a gross margin of 9.8%, this company has a higher cost of product (23%)
9.8% - Trans Global Freight Management Limited
23% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (5.1%)
0.6% - Trans Global Freight Management Limited
5.1% - Industry AVG
Employees
with 251 employees, this is above the industry average (44)
251 - Trans Global Freight Management Limited
44 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£44.4k)
£42.3k - Trans Global Freight Management Limited
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £885.6k, this is more efficient (£265.8k)
£885.6k - Trans Global Freight Management Limited
£265.8k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (50 days)
58 days - Trans Global Freight Management Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (37 days)
16 days - Trans Global Freight Management Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Trans Global Freight Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Trans Global Freight Management Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.2%, this is a higher level of debt than the average (66.4%)
82.2% - Trans Global Freight Management Limited
66.4% - Industry AVG
trans global freight management limited Credit Report and Business Information
Trans Global Freight Management Limited Competitor Analysis
Perform a competitor analysis for trans global freight management limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
trans global freight management limited Ownership
TRANS GLOBAL FREIGHT MANAGEMENT LIMITED group structure
Trans Global Freight Management Limited has 5 subsidiary companies.
Ultimate parent company
1 parent
TRANS GLOBAL FREIGHT MANAGEMENT LIMITED
01272658
5 subsidiaries
trans global freight management limited directors
Trans Global Freight Management Limited currently has 9 directors. The longest serving directors include Mr Barry Ruck (Jun 1997) and Mr Stephen Knight (May 2001).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barry Ruck | England | 65 years | Jun 1997 | - | Director |
| Mr Stephen Knight | England | 64 years | May 2001 | - | Director |
| Mr Dilsher Sen | 56 years | Feb 2007 | - | Director | |
| Mr Simon Rawlinson | United Kingdom | 56 years | Sep 2014 | - | Director |
| Mr Prasad Chogle | United Kingdom | 51 years | Sep 2014 | - | Director |
| Lee Bolsover | United Kingdom | 58 years | Sep 2014 | - | Director |
| Mr David Carpentier | United Kingdom | 51 years | Jul 2017 | - | Director |
| Mr Lee Stevenson | United Kingdom | 51 years | Jan 2023 | - | Director |
| Mr James Elston | England | 52 years | Feb 2024 | - | Director |
TRANS GLOBAL FREIGHT MANAGEMENT LIMITED financials
Trans Global Freight Management Limited's latest turnover from December 2022 is £222.3 million and the company has net assets of £7.6 million. According to their latest financial statements, Trans Global Freight Management Limited has 251 employees and maintains cash reserves of £133.9 thousand 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 222,283,161 | 233,298,414 | 208,968,746 | 194,056,751 | 189,800,333 | 203,487,932 | 170,641,509 | 163,555,412 | 146,233,793 | 120,599,711 | 108,442,839 | 93,195,773 | 86,430,447 | 52,910,065 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 200,468,535 | 215,804,442 | 197,360,680 | 182,213,327 | 178,233,139 | 191,002,928 | 158,471,930 | 150,921,547 | 133,668,317 | 108,812,581 | 97,337,939 | 82,967,944 | 76,576,583 | 44,604,326 |
| Gross Profit | 21,814,626 | 17,493,972 | 11,608,066 | 11,843,424 | 11,567,194 | 12,485,004 | 12,169,579 | 12,633,865 | 12,565,476 | 11,787,130 | 11,104,900 | 10,227,829 | 9,853,864 | 8,305,739 |
| Admin Expenses | 20,442,034 | 13,966,859 | 10,493,628 | 11,119,144 | 11,066,551 | 11,727,019 | 11,436,176 | 11,767,852 | 11,702,582 | 11,441,955 | 10,620,898 | 9,947,622 | 9,576,157 | 8,170,392 |
| Operating Profit | 1,372,592 | 3,527,113 | 1,114,438 | 724,280 | 500,643 | 757,985 | 733,403 | 866,013 | 862,894 | 345,175 | 484,002 | 280,207 | 277,707 | 135,347 |
| Interest Payable | 146,002 | 192,126 | 106,461 | 109,438 | 80,859 | 71,914 | 49,452 | 77,521 | 73,186 | 80,735 | 75,402 | 62,268 | 59,636 | 63,839 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,179 |
| Pre-Tax Profit | 1,641,590 | 3,334,987 | 1,007,977 | 614,842 | 419,784 | 686,071 | 683,951 | 788,492 | 789,708 | 264,440 | 408,600 | 217,939 | 218,071 | 75,687 |
| Tax | -133,745 | -657,584 | -182,276 | -97,983 | -134,650 | -117,293 | -180,000 | -177,501 | -171,159 | -134,639 | -209,902 | -180,842 | -183,340 | -78,021 |
| Profit After Tax | 1,507,845 | 2,677,403 | 825,701 | 516,859 | 285,134 | 568,778 | 503,951 | 610,991 | 618,549 | 129,801 | 198,698 | 37,097 | 34,731 | -2,334 |
| Dividends Paid | 2,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -992,155 | 2,677,403 | 825,701 | 516,859 | 285,134 | 568,778 | 503,951 | 610,991 | 618,549 | 129,801 | 198,698 | 37,097 | 34,731 | -2,334 |
| Employee Costs | 10,614,190 | 8,596,469 | 6,220,382 | 6,776,373 | 6,770,651 | 6,689,244 | 6,934,234 | 7,105,225 | 7,108,402 | 6,553,003 | 6,267,014 | 5,886,251 | 5,778,191 | 5,270,022 |
| Number Of Employees | 251 | 227 | 181 | 188 | 189 | 187 | 201 | 205 | 210 | 200 | 196 | 191 | 183 | 171 |
| EBITDA* | 1,754,916 | 3,758,893 | 1,305,689 | 913,921 | 719,759 | 982,971 | 956,481 | 1,231,330 | 1,240,110 | 1,034,012 | 1,202,825 | 930,675 | 883,430 | 430,471 |
* 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,669,882 | 1,589,819 | 619,404 | 460,950 | 513,903 | 597,574 | 630,311 | 541,610 | 614,607 | 614,558 | 501,776 | 473,025 | 334,369 | 334,670 |
| Intangible Assets | 378,375 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 158,073 | 328,121 | 832,737 | 1,344,519 | 1,115,545 | 305,596 |
| Investments & Other | 189,448 | 174,448 | 174,448 | 174,448 | 174,448 | 0 | 0 | 0 | 0 | 0 | 0 | 516,296 | 516,296 | 1,752,835 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,237,705 | 1,764,267 | 793,852 | 635,398 | 688,351 | 597,574 | 630,311 | 541,610 | 772,680 | 942,679 | 1,334,513 | 2,333,840 | 1,966,210 | 2,393,101 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 35,905,022 | 53,789,462 | 36,161,402 | 24,482,683 | 24,895,061 | 29,862,950 | 24,979,167 | 21,719,184 | 22,020,030 | 14,917,634 | 11,375,994 | 10,883,117 | 10,585,386 | 7,918,631 |
| Group Debtors | 1,847,023 | 6,642,111 | 7,905,081 | 8,369,809 | 5,514,961 | 5,156,534 | 5,568,467 | 3,572,669 | 1,546,374 | 2,384,008 | 2,154,665 | 2,165,650 | 1,423,478 | 1,544,385 |
| Misc Debtors | 1,565,552 | 1,639,378 | 1,037,132 | 1,096,989 | 1,113,938 | 1,340,797 | 1,404,496 | 1,140,944 | 1,060,351 | 4,985,183 | 3,818,292 | 3,184,559 | 3,333,731 | 2,074,920 |
| Cash | 133,896 | 1,765,139 | 357,310 | 350,031 | 313,402 | 332,026 | 217,042 | 218,413 | 86,802 | 54,407 | 257,805 | 223,997 | 34,692 | 43,975 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 39,451,493 | 63,836,090 | 45,460,925 | 34,299,512 | 31,837,362 | 36,692,307 | 32,169,172 | 26,651,210 | 24,713,557 | 22,341,232 | 17,606,756 | 16,457,323 | 15,377,287 | 11,581,911 |
| total assets | 42,689,198 | 65,600,357 | 46,254,777 | 34,934,910 | 32,525,713 | 37,289,881 | 32,799,483 | 27,192,820 | 25,486,237 | 23,283,911 | 18,941,269 | 18,791,163 | 17,343,497 | 13,975,012 |
| Bank overdraft | 0 | 0 | 3,107,538 | 4,901,264 | 2,094,214 | 2,619,712 | 1,718,199 | 274,713 | 859,080 | 2,743,694 | 2,152,465 | 1,615,426 | 1,543,078 | 2,075,661 |
| Bank loan | 1,183,765 | 3,757,426 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,030,180 | 17,324,359 | 17,865,078 | 15,953,847 | 18,230,233 | 15,754,825 | 14,420,647 | 15,612,965 | 15,009,487 | 10,903,614 | 10,648,821 | 11,106,090 | 9,752,502 | 6,943,955 |
| Group/Directors Accounts | 4,571,716 | 5,794,898 | 4,855,736 | 4,425,111 | 3,477,900 | 2,996,901 | 2,399,868 | 2,094,214 | 548,900 | 752,971 | 269,704 | 751,196 | 596,777 | 530,312 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 135,000 | 160,000 | 300,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 6,527 | 5,349 | 4,170 | 30,387 | 30,236 | 27,515 | 0 | 15,208 |
| other current liabilities | 20,305,927 | 30,133,909 | 14,514,063 | 4,568,027 | 4,153,564 | 11,633,775 | 10,514,384 | 5,960,641 | 6,424,297 | 6,845,846 | 3,670,509 | 3,115,943 | 3,421,837 | 2,440,304 |
| total current liabilities | 35,091,588 | 57,010,592 | 40,342,415 | 29,848,249 | 27,955,911 | 33,005,213 | 29,059,625 | 23,947,882 | 22,845,934 | 21,276,512 | 16,906,735 | 16,776,170 | 15,614,194 | 12,005,440 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 160,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 23,968 | 32,999 | 39,355 | 0 | 30,386 | 63,593 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,000 | 151,550 | 137,500 | 112,500 | 387,500 |
| other liabilities | 0 | 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 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 23,968 | 32,999 | 39,355 | 25,000 | 181,936 | 361,093 | 112,500 | 387,500 |
| total liabilities | 35,091,588 | 57,010,592 | 40,342,415 | 29,848,249 | 27,955,911 | 33,005,213 | 29,083,593 | 23,980,881 | 22,885,289 | 21,301,512 | 17,088,671 | 17,137,263 | 15,726,694 | 12,392,940 |
| net assets | 7,597,610 | 8,589,765 | 5,912,362 | 5,086,661 | 4,569,802 | 4,284,668 | 3,715,890 | 3,211,939 | 2,600,948 | 1,982,399 | 1,852,598 | 1,653,900 | 1,616,803 | 1,582,072 |
| total shareholders funds | 7,597,610 | 8,589,765 | 5,912,362 | 5,086,661 | 4,569,802 | 4,284,668 | 3,715,890 | 3,211,939 | 2,600,948 | 1,982,399 | 1,852,598 | 1,653,900 | 1,616,803 | 1,582,072 |
| 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 | 1,372,592 | 3,527,113 | 1,114,438 | 724,280 | 500,643 | 757,985 | 733,403 | 866,013 | 862,894 | 345,175 | 484,002 | 280,207 | 277,707 | 135,347 |
| Depreciation | 256,199 | 231,780 | 191,251 | 189,641 | 219,116 | 224,986 | 223,078 | 207,243 | 202,168 | 184,222 | 169,782 | 152,809 | 161,105 | 179,993 |
| Amortisation | 126,125 | 0 | 0 | 0 | 0 | 0 | 0 | 158,074 | 175,048 | 504,615 | 549,041 | 497,659 | 444,618 | 115,131 |
| Tax | -133,745 | -657,584 | -182,276 | -97,983 | -134,650 | -117,293 | -180,000 | -177,501 | -171,159 | -134,639 | -209,902 | -180,842 | -183,340 | -78,021 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -22,753,354 | 16,967,336 | 11,154,134 | 2,425,521 | -4,836,321 | 4,408,151 | 5,519,333 | 1,806,042 | 2,339,930 | 4,937,874 | 1,115,625 | 890,731 | 3,804,659 | 11,537,936 |
| Creditors | -8,294,179 | -540,719 | 1,911,231 | -2,276,386 | 2,475,408 | 1,334,178 | -1,192,318 | 603,478 | 4,105,873 | 254,793 | -457,269 | 1,353,588 | 2,808,547 | 6,943,955 |
| Accruals and Deferred Income | -9,827,982 | 15,619,846 | 9,946,036 | 414,463 | -7,480,211 | 1,119,391 | 4,553,743 | -463,656 | -446,549 | 3,048,787 | 568,616 | -280,894 | 706,533 | 2,827,804 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 6,252,364 | 1,213,100 | 1,826,546 | -3,471,506 | 416,627 | -1,088,904 | -1,381,427 | -612,391 | 2,388,345 | -734,921 | -11,355 | 931,796 | 410,511 | -1,413,727 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 15,000 | 0 | 0 | 0 | 174,448 | 0 | 0 | 0 | 0 | 0 | -516,296 | 0 | -1,236,539 | 1,752,835 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -2,573,661 | 3,757,426 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,223,182 | 939,162 | 430,625 | 947,211 | 480,999 | 597,033 | 305,654 | 1,545,314 | -204,071 | 483,267 | -481,492 | 154,419 | 66,465 | 530,312 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -135,000 | -25,000 | -140,000 | 300,000 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -160,000 | 160,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -30,495 | -7,853 | -5,177 | 13,138 | -30,235 | -30,486 | 91,108 | -15,208 | 15,208 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -146,002 | -192,126 | -106,461 | -109,438 | -80,859 | -71,914 | -49,452 | -77,521 | -73,186 | -80,735 | -75,402 | -62,268 | -59,636 | -59,660 |
| cash flow from financing | -3,942,845 | 4,504,462 | 324,164 | 837,773 | 400,140 | 494,624 | 248,349 | 1,462,616 | -264,119 | 237,297 | -772,380 | 203,259 | 291,621 | 2,070,266 |
| cash and cash equivalents | ||||||||||||||
| cash | -1,631,243 | 1,407,829 | 7,279 | 36,629 | -18,624 | 114,984 | -1,371 | 131,611 | 32,395 | -203,398 | 33,808 | 189,305 | -9,283 | 43,975 |
| overdraft | 0 | -3,107,538 | -1,793,726 | 2,807,050 | -525,498 | 901,513 | 1,443,486 | -584,367 | -1,884,614 | 591,229 | 537,039 | 72,348 | -532,583 | 2,075,661 |
| change in cash | -1,631,243 | 4,515,367 | 1,801,005 | -2,770,421 | 506,874 | -786,529 | -1,444,857 | 715,978 | 1,917,009 | -794,627 | -503,231 | 116,957 | 523,300 | -2,031,686 |
P&L
December 2022turnover
222.3m
-5%
operating profit
1.4m
-61%
gross margin
9.9%
+30.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
7.6m
-0.12%
total assets
42.7m
-0.35%
cash
133.9k
-0.92%
net assets
Total assets minus all liabilities
trans global freight management limited company details
company number
01272658
Type
Private limited with Share Capital
industry
52290 - Other transportation support activities
incorporation date
August 1976
age
48
accounts
Full Accounts
ultimate parent company
previous names
trans global air limited (January 2001)
trans-global air limited (December 1979)
incorporated
UK
address
woodlands 79 high street, greenhithe, kent, DA9 9RD
last accounts submitted
December 2022
trans global freight management 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 8 charges/mortgages relating to trans global freight management limited. Currently there are 1 open charges and 7 have been satisfied in the past.
trans global freight management limited Companies House Filings - See Documents
| date | description | view/download |
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