Pomanda estimates the enterprise value of EXPRESS UNITED FREIGHT LIMITED at £106.5k based on a Turnover of £320.2k and 0.33x industry multiple (adjusted for size and gross margin).
express united freight limitedEstimated Valuation
£172.9k
Pomanda estimates the enterprise value of EXPRESS UNITED FREIGHT LIMITED at £172.9k based on an EBITDA of £75.8k and a 2.28x industry multiple (adjusted for size and gross margin).
express united freight limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of EXPRESS UNITED FREIGHT LIMITED at £0 based on Net Assets of £-63.9k and 2x industry multiple (adjusted for liquidity).
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Express United Freight LimitedOverview
Express United Freight Limited is a live company located in felixstowe, IP11 2QX with a Companies House number of 01293466. It operates in the other transportation support activities sector, SIC Code 52290. Founded in January 1977, it's largest shareholder is
philip davis
with a 100% stake. Express United Freight Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£320.2k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Express United Freight 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
Health Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £320.2k, make it smaller than the average company (£11.2m)
£320.2k - Express United Freight Limited
£11.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 1225%, show it is growing at a faster rate (8.5%)
1225% - Express United Freight Limited
8.5% - Industry AVG
Production
with a gross margin of 13.2%, this company has a higher cost of product (22.8%)
13.2% - Express United Freight Limited
22.8% - Industry AVG
Profitability
an operating margin of 23.7% make it more profitable than the average company (5.1%)
23.7% - Express United Freight Limited
5.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (44)
2 - Express United Freight Limited
44 - Industry AVG
Pay Structure
on an average salary of £45.1k, the company has an equivalent pay structure (£45.1k)
£45.1k - Express United Freight Limited
£45.1k - Industry AVG
Efficiency
resulting in sales per employee of £160.1k, this is less efficient (£264.7k)
£160.1k - Express United Freight Limited
£264.7k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (50 days)
69 days - Express United Freight Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 129 days, this is slower than average (37 days)
129 days - Express United Freight Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Express United Freight Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Express United Freight Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 191.6%, this is a higher level of debt than the average (65.1%)
191.6% - Express United Freight Limited
65.1% - Industry AVG
EXPRESS UNITED FREIGHT LIMITED financials
EXPORT
Express United Freight Limited's latest turnover from December 2022 is estimated at £320.2 thousand and the company has net assets of -£63.9 thousand. According to their latest financial statements, Express United Freight Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2022
Dec 2021
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
320,215
590,129
702,025
210,705
138
Other Income Or Grants
Cost Of Sales
278,106
513,220
600,315
180,924
117
Gross Profit
42,109
76,909
101,709
29,781
20
Admin Expenses
-33,723
193,724
75,764
23,733
-13
Operating Profit
75,832
-116,815
25,945
6,048
33
Interest Payable
2,147
7,647
7,666
6,084
Interest Receivable
1,060
77
50
1
Pre-Tax Profit
74,744
-124,384
18,328
-36
33
Tax
-14,201
-3,482
-6
Profit After Tax
60,543
-124,384
14,846
-36
27
Dividends Paid
Retained Profit
60,543
-124,384
14,846
-36
27
Employee Costs
90,217
169,144
195,496
114,756
38,233
Number Of Employees
2
4
5
3
1
EBITDA*
75,832
-64,215
45,945
6,048
33
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022
Dec 2021
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
7,600
5,400
30,203
17,999
Intangible Assets
18,001
32,001
46,001
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
7,600
23,401
62,204
64,000
Stock & work in progress
10,804
42,786
Trade Debtors
60,648
52,657
19,709
31,312
27
Group Debtors
Misc Debtors
1,429
124,450
363,840
179,479
Cash
60,568
98,335
1,386
misc current assets
total current assets
62,077
248,479
524,670
212,177
27
total assets
69,677
271,880
586,874
276,177
27
Bank overdraft
718
1,859
134,841
Bank loan
Trade Creditors
98,686
318,965
444,010
54,886
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
22,103
66,168
11,809
total current liabilities
98,686
341,786
512,037
201,536
loans
44,487
50,000
64,650
hp & lease commitments
Accruals and Deferred Income
other liabilities
34,841
provisions
total long term liabilities
34,841
44,487
50,000
64,650
total liabilities
133,527
386,273
562,037
266,186
net assets
-63,850
-114,393
24,837
9,991
27
total shareholders funds
-63,850
-114,393
24,837
9,991
27
Dec 2022
Dec 2021
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
75,832
-116,815
25,945
6,048
33
Depreciation
600
6,000
Amortisation
52,000
14,000
Tax
-14,201
-3,482
-6
Stock
-10,804
10,804
42,786
Debtors
-115,030
-33,684
172,758
210,764
27
Creditors
-220,279
264,079
389,124
54,886
Accruals and Deferred Income
-22,103
10,294
54,359
11,809
Deferred Taxes & Provisions
Cash flow from operations
-54,917
233,038
270,402
-138,021
Investing Activities
capital expenditure
15,801
-12,001
-18,204
-64,000
Change in Investments
cash flow from investments
15,801
-12,001
-18,204
-64,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-44,487
-20,163
-14,650
64,650
Hire Purchase and Lease Commitments
other long term liabilities
34,841
share issue
-10,000
10,000
interest
-1,087
-7,570
-7,616
-6,083
cash flow from financing
-20,733
-27,733
-22,266
68,567
cash and cash equivalents
cash
-60,568
59,182
96,949
1,386
overdraft
-718
-134,123
-132,982
134,841
change in cash
-59,850
193,305
229,931
-133,455
express united freight 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 express united freight limited. Get real-time insights into express united freight limited's credit score, group structure and payment trends.
Express United Freight Limited Competitor Analysis
Perform a competitor analysis for express united freight limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in IP11 area or any other competitors across 12 key performance metrics.
express united freight limited Ownership
EXPRESS UNITED FREIGHT LIMITED group structure
Express United Freight Limited has no subsidiary companies.
express united road (freight) limited (December 1978)
strawbass limited (December 1977)
accountant
-
auditor
-
address
harbour place haven exchange, felixstowe, IP11 2QX
Bank
HSBC BANK PLC
Legal Advisor
-
express united freight 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 express united freight limited. Currently there are 1 open charges and 7 have been satisfied in the past.
express united freight 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 EXPRESS UNITED FREIGHT LIMITED. This can take several minutes, an email will notify you when this has completed.
express united freight limitedCompanies House Filings - See Documents
