dimerco express (uk) limited
dimerco express (uk) limited Company Information
Company Number
01489004
Website
https://dimerco.com/Registered Address
14th floor 33 cavendish square, london, W1G 0PW
Industry
Other transportation support activities
Telephone
01619988211
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
foreign settlement company limited 62.5%
dimerco international logistics corporation 37.5%
dimerco express (uk) limited Estimated Valuation
The estimated valuation range for dimerco express (uk) limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £1.2m
dimerco express (uk) limited Estimated Valuation
The estimated valuation range for dimerco express (uk) limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £1.2m
dimerco express (uk) limited Estimated Valuation
The estimated valuation range for dimerco express (uk) limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £1.2m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Dimerco Express (uk) Limited AI Business Plan
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Dimerco Express (uk) Limited Overview
Dimerco Express (uk) Limited is a live company located in london, W1G 0PW with a Companies House number of 01489004. It operates in the other transportation support activities sector, SIC Code 52290. Founded in April 1980, it's largest shareholder is foreign settlement company limited with a 62.5% stake. Dimerco Express (uk) Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with declining growth in recent years.
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Dimerco Express (uk) Limited Health Check
Pomanda's financial health check has awarded Dimerco Express (Uk) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
4 Regular
7 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£10.8m)
- Dimerco Express (uk) Limited
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (8.3%)
- Dimerco Express (uk) Limited
8.3% - Industry AVG
Production
with a gross margin of 23%, this company has a comparable cost of product (23%)
- Dimerco Express (uk) Limited
23% - Industry AVG
Profitability
an operating margin of -11.4% make it less profitable than the average company (5%)
- Dimerco Express (uk) Limited
5% - Industry AVG
Employees
with 8 employees, this is below the industry average (44)
8 - Dimerco Express (uk) Limited
44 - Industry AVG
Pay Structure
on an average salary of £47.8k, the company has an equivalent pay structure (£44.4k)
£47.8k - Dimerco Express (uk) Limited
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £281.4k, this is equally as efficient (£265.8k)
- Dimerco Express (uk) Limited
£265.8k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (50 days)
- Dimerco Express (uk) Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is close to average (37 days)
- Dimerco Express (uk) Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Dimerco Express (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (14 weeks)
9 weeks - Dimerco Express (uk) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 134.5%, this is a higher level of debt than the average (66.4%)
134.5% - Dimerco Express (uk) Limited
66.4% - Industry AVG
dimerco express (uk) limited Credit Report and Business Information
Dimerco Express (uk) Limited Competitor Analysis
Perform a competitor analysis for dimerco express (uk) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
dimerco express (uk) limited Ownership
DIMERCO EXPRESS (UK) LIMITED group structure
Dimerco Express (Uk) Limited has no subsidiary companies.
Ultimate parent company
DIMERCO EXPRESS CORP
#0122811
FOREIGN SETTLEMENT COMPANY LTD
#0021510
2 parents
DIMERCO EXPRESS (UK) LIMITED
01489004
dimerco express (uk) limited directors
Dimerco Express (Uk) Limited currently has 2 directors. The longest serving directors include Yao-Huai Chien (Jun 1991) and Mr Jeffrey Shih (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Yao-Huai Chien | Taiwan | 79 years | Jun 1991 | - | Director |
| Mr Jeffrey Shih | China | 59 years | Jun 2022 | - | Director |
DIMERCO EXPRESS (UK) LIMITED financials
Dimerco Express (Uk) Limited's latest turnover from December 2022 is estimated at £2.3 million and the company has net assets of -£265 thousand. According to their latest financial statements, Dimerco Express (Uk) Limited has 8 employees and maintains cash reserves of £180.4 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 | 6,608,093 | 2,659,796 | 4,485,003 | 3,985,373 | 3,489,955 | 4,214,009 | 2,605,177 | 2,352,874 | 3,138,567 | 3,361,876 | 4,019,036 | 4,072,502 | 3,662,401 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 6,040,593 | 2,053,859 | 3,782,998 | 3,367,006 | 2,998,025 | 3,575,744 | 2,083,272 | 1,942,994 | 2,637,431 | 2,783,918 | 3,275,641 | 3,154,978 | 2,954,106 | |
| Gross Profit | 567,500 | 605,937 | 702,005 | 618,367 | 491,930 | 638,265 | 521,905 | 409,880 | 501,136 | 577,958 | 743,395 | 917,524 | 708,295 | |
| Admin Expenses | 634,492 | 590,966 | 605,907 | 544,769 | 549,574 | 578,429 | 532,359 | 544,800 | 549,238 | 830,267 | 984,700 | 871,658 | 761,458 | |
| Operating Profit | -66,992 | 14,971 | 96,098 | 73,598 | -57,644 | 59,836 | -10,454 | -134,920 | -48,102 | -252,309 | -241,305 | 45,866 | -53,163 | |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 152 | 601 | 760 | 1,113 | 1,096 | 632 | 632 | 623 | 1,407 | 0 | 2,457 | 63 | 4,302 | |
| Pre-Tax Profit | -66,840 | 15,572 | 96,858 | 74,711 | -56,548 | 60,468 | -9,822 | -134,297 | -46,695 | -252,309 | -238,848 | 45,929 | -48,861 | |
| Tax | 0 | 0 | 0 | 0 | -126 | -126 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | -66,840 | 15,572 | 96,858 | 74,711 | -56,674 | 60,342 | -9,822 | -134,297 | -46,695 | -252,309 | -238,848 | 45,929 | -48,861 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -66,840 | 15,572 | 96,858 | 74,711 | -56,674 | 60,342 | -9,822 | -134,297 | -46,695 | -252,309 | -238,848 | 45,929 | -48,861 | |
| Employee Costs | 382,472 | 413,069 | 423,674 | 383,343 | 349,050 | 337,315 | 332,896 | 317,930 | 355,748 | 345,484 | 485,257 | 652,194 | 535,435 | 478,586 |
| Number Of Employees | 8 | 11 | 13 | 13 | 14 | 14 | 12 | 11 | 10 | 10 | 14 | 19 | 16 | 14 |
| EBITDA* | -66,512 | 15,550 | 96,583 | 74,247 | -57,308 | 61,108 | -7,985 | -131,809 | -44,843 | -250,408 | -236,016 | 51,092 | -47,530 |
* 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 | 1,212 | 2,098 | 1,152 | 709 | 760 | 1,409 | 395 | 1,667 | 3,325 | 6,226 | 4,651 | 6,552 | 9,903 | 12,526 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 6,329 | 6,329 | 6,329 | 6,329 | 6,329 | 6,329 | 6,329 | 6,329 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,212 | 2,098 | 1,152 | 709 | 760 | 1,409 | 6,724 | 7,996 | 9,654 | 12,555 | 10,980 | 12,881 | 16,232 | 18,855 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 400,270 | 1,178,423 | 673,653 | 646,529 | 435,958 | 265,836 | 417,554 | 297,658 | 175,776 | 269,908 | 348,718 | 545,854 | 780,629 | 558,363 |
| Group Debtors | 145,133 | 0 | 15,205 | 0 | 11,055 | 0 | 249,623 | 124,675 | 11,258 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 42,016 | 191,985 | 36,310 | 20,484 | 28,336 | 28,841 | 35,113 | 30,515 | 44,182 | 44,493 | 22,098 | 39,338 | 32,958 | 47,757 |
| Cash | 180,357 | 610,696 | 304,651 | 420,697 | 359,490 | 230,948 | 420,201 | 270,159 | 198,825 | 270,650 | 217,741 | 318,367 | 223,777 | 696,812 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 767,776 | 1,981,104 | 1,029,819 | 1,087,710 | 834,839 | 525,625 | 1,122,491 | 723,007 | 430,041 | 585,051 | 588,557 | 903,559 | 1,037,364 | 1,302,932 |
| total assets | 768,988 | 1,983,202 | 1,030,971 | 1,088,419 | 835,599 | 527,034 | 1,129,215 | 731,003 | 439,695 | 597,606 | 599,537 | 916,440 | 1,053,596 | 1,321,787 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 13,403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,899 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 196,081 | 470,262 | 500,295 | 317,914 | 263,940 | 220,921 | 179,842 | 289,423 | 246,586 | 306,007 | 171,127 | 334,894 | 271,680 | 241,096 |
| Group/Directors Accounts | 540,131 | 1,164,525 | 254,028 | 408,411 | 410,833 | 337,064 | 990,782 | 657,140 | 650,436 | 594,844 | 571,757 | 711,994 | 774,790 | 1,036,934 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 297,804 | 370,807 | 232,200 | 333,218 | 228,808 | 98,339 | 544,610 | 430,801 | 179,212 | 198,997 | 312,200 | 272,790 | 171,516 | 249,177 |
| total current liabilities | 1,034,016 | 2,005,594 | 986,523 | 1,059,543 | 903,581 | 669,727 | 1,715,234 | 1,377,364 | 1,076,234 | 1,099,848 | 1,055,084 | 1,319,678 | 1,217,986 | 1,532,106 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 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 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,034,016 | 2,005,594 | 986,523 | 1,059,543 | 903,581 | 669,727 | 1,715,234 | 1,377,364 | 1,076,234 | 1,099,848 | 1,055,084 | 1,319,678 | 1,217,986 | 1,532,106 |
| net assets | -265,028 | -22,392 | 44,448 | 28,876 | -67,982 | -142,693 | -586,019 | -646,361 | -636,539 | -502,242 | -455,547 | -403,238 | -164,390 | -210,319 |
| total shareholders funds | -265,028 | -22,392 | 44,448 | 28,876 | -67,982 | -142,693 | -586,019 | -646,361 | -636,539 | -502,242 | -455,547 | -403,238 | -164,390 | -210,319 |
| 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 | -66,992 | 14,971 | 96,098 | 73,598 | -57,644 | 59,836 | -10,454 | -134,920 | -48,102 | -252,309 | -241,305 | 45,866 | -53,163 | |
| Depreciation | 480 | 579 | 485 | 649 | 336 | 1,272 | 2,469 | 3,111 | 3,259 | 1,901 | 5,289 | 5,226 | 5,633 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | -126 | -126 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -782,989 | 645,240 | 58,155 | 191,664 | 180,672 | -407,613 | 249,442 | 221,632 | -83,185 | -56,415 | -214,376 | -228,395 | 207,467 | 606,120 |
| Creditors | -274,181 | -30,033 | 182,381 | 53,974 | 43,019 | 41,079 | -109,581 | 42,837 | -59,421 | 134,880 | -163,767 | 63,214 | 30,584 | 241,096 |
| Accruals and Deferred Income | -73,003 | 138,607 | -101,018 | 104,410 | 130,469 | -446,271 | 113,809 | 251,589 | -19,785 | -113,203 | 39,410 | 101,274 | -77,661 | 249,177 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -603,178 | 38,758 | 63,303 | 67,063 | -55,013 | -184,232 | 64,809 | -127,830 | 33,249 | -160,389 | 156,867 | -203,452 | -163,377 | |
| Investing Activities | ||||||||||||||
| capital expenditure | -1,938 | -2,603 | -5,479 | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -6,329 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,329 |
| cash flow from investments | -1,938 | -2,603 | -11,808 | |||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -624,394 | 910,497 | -154,383 | -2,422 | 73,769 | -653,718 | 333,642 | 6,704 | 55,592 | 23,087 | -140,237 | -62,796 | -262,144 | 1,036,934 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 |
| share issue | ||||||||||||||
| interest | 152 | 601 | 760 | 1,113 | 1,096 | 632 | 632 | 623 | 1,407 | 0 | 2,457 | 63 | 4,302 | |
| cash flow from financing | 910,649 | -153,782 | -1,662 | 74,882 | -152,622 | 334,274 | 7,336 | 56,215 | 24,494 | 59,763 | -60,339 | -262,081 | 879,778 | |
| cash and cash equivalents | ||||||||||||||
| cash | -430,339 | 306,045 | -116,046 | 61,207 | 128,542 | -189,253 | 150,042 | 71,334 | -71,825 | 52,909 | -100,626 | 94,590 | -473,035 | 696,812 |
| overdraft | 0 | 0 | 0 | 0 | -13,403 | 13,403 | 0 | 0 | 0 | 0 | 0 | 0 | -4,899 | 4,899 |
| change in cash | -430,339 | 306,045 | -116,046 | 61,207 | 141,945 | -202,656 | 150,042 | 71,334 | -71,825 | 52,909 | -100,626 | 94,590 | -468,136 | 691,913 |
P&L
December 2022turnover
2.3m
-66%
operating profit
-256.5k
0%
gross margin
23%
+167.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-265k
+10.84%
total assets
769k
-0.61%
cash
180.4k
-0.7%
net assets
Total assets minus all liabilities
dimerco express (uk) limited company details
company number
01489004
Type
Private limited with Share Capital
industry
52290 - Other transportation support activities
incorporation date
April 1980
age
44
accounts
Small Company
ultimate parent company
previous names
dimerco express london limited (January 1998)
incorporated
UK
address
14th floor 33 cavendish square, london, W1G 0PW
last accounts submitted
December 2022
dimerco express (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 5 charges/mortgages relating to dimerco express (uk) limited. Currently there are 0 open charges and 5 have been satisfied in the past.
dimerco express (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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