international forwarding limited

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international forwarding limited Company Information

Share INTERNATIONAL FORWARDING LIMITED

Company Number

02162095

Shareholders

geoffrey richard ford

richard gary ford

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Group Structure

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Industry

Other transportation support activities

 

Registered Address

station road, coleshill, birmingham, west midlands, B46 1HT

international forwarding limited Estimated Valuation

£7.5m

Pomanda estimates the enterprise value of INTERNATIONAL FORWARDING LIMITED at £7.5m based on a Turnover of £10.4m and 0.72x industry multiple (adjusted for size and gross margin).

international forwarding limited Estimated Valuation

£3.9m

Pomanda estimates the enterprise value of INTERNATIONAL FORWARDING LIMITED at £3.9m based on an EBITDA of £707.5k and a 5.46x industry multiple (adjusted for size and gross margin).

international forwarding limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of INTERNATIONAL FORWARDING LIMITED at £2.4m based on Net Assets of £1.1m and 2.16x industry multiple (adjusted for liquidity).

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International Forwarding Limited Overview

International Forwarding Limited is a live company located in birmingham, B46 1HT with a Companies House number of 02162095. It operates in the other transportation support activities sector, SIC Code 52290. Founded in September 1987, it's largest shareholder is geoffrey richard ford with a 32.7% stake. International Forwarding Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10.4m with healthy growth in recent years.

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International Forwarding Limited Health Check

Pomanda's financial health check has awarded International Forwarding Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £10.4m, make it in line with the average company (£11.4m)

£10.4m - International Forwarding Limited

£11.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (12.3%)

11% - International Forwarding Limited

12.3% - Industry AVG

production

Production

with a gross margin of 35.7%, this company has a lower cost of product (24%)

35.7% - International Forwarding Limited

24% - Industry AVG

profitability

Profitability

an operating margin of 4.2% make it as profitable than the average company (5.2%)

4.2% - International Forwarding Limited

5.2% - Industry AVG

employees

Employees

with 59 employees, this is above the industry average (45)

59 - International Forwarding Limited

45 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.5k, the company has a lower pay structure (£47.2k)

£37.5k - International Forwarding Limited

£47.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £175.6k, this is less efficient (£249.4k)

£175.6k - International Forwarding Limited

£249.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 62 days, this is later than average (45 days)

62 days - International Forwarding Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 45 days, this is slower than average (37 days)

45 days - International Forwarding Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - International Forwarding Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (18 weeks)

25 weeks - International Forwarding Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68.2%, this is a higher level of debt than the average (59%)

68.2% - International Forwarding Limited

59% - Industry AVG

INTERNATIONAL FORWARDING LIMITED financials

EXPORTms excel logo

International Forwarding Limited's latest turnover from March 2024 is £10.4 million and the company has net assets of £1.1 million. According to their latest financial statements, International Forwarding Limited has 59 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover10,358,68612,277,30312,506,7027,664,8388,141,6157,781,7107,727,6797,601,5147,633,5869,025,9507,255,0836,663,7787,316,3767,174,0956,810,229
Other Income Or Grants
Cost Of Sales6,662,7157,934,2368,308,3474,965,6005,681,6765,480,7655,133,5535,359,3884,938,4246,381,7025,730,0605,284,9265,821,4255,777,4605,374,242
Gross Profit3,695,9714,343,0674,198,3552,699,2382,459,9392,300,9452,594,1262,242,1262,695,1622,644,2481,525,0231,378,8521,494,9511,396,6351,435,987
Admin Expenses3,258,7893,437,8653,259,5062,203,8742,262,1372,040,7262,394,9082,157,5792,468,6492,447,8801,433,9311,350,8261,420,6331,353,0671,388,366
Operating Profit437,182905,202938,849495,364197,802260,219199,21884,547226,513196,36891,09228,02674,31843,56847,621
Interest Payable5,90022,6544,5385,4095,3543712,2297,090
Interest Receivable774295810925929757738444696995459129
Pre-Tax Profit432,056882,843934,319490,064192,707260,516199,27584,620226,597196,41291,16128,09574,04241,79845,521
Tax-116,213-172,302-189,615-92,358-40,736-55,371-38,204-23,094-43,472-40,239-20,533-5,660-18,248-12,073-10,458
Profit After Tax315,843710,541744,704397,706151,971205,145161,07161,526183,125156,17370,62822,43555,79429,72535,063
Dividends Paid700,000800,000395,854100,000135,000102,520175,000175,000
Retained Profit-384,157-89,459348,850297,70616,971102,625161,071-113,4748,125156,17370,62822,43555,79429,72535,063
Employee Costs2,214,1842,562,4852,703,6942,546,9362,522,0791,779,7511,635,0441,619,9311,682,8791,527,4481,335,1421,432,1081,329,0211,424,0571,399,577
Number Of Employees597276656661596064605657545452
EBITDA*707,4871,137,2221,128,935619,443323,899375,184299,163181,758316,670272,643155,571100,776163,696142,426157,277

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets385,434588,848463,661471,983358,855333,742381,301188,271263,574218,77576,52788,687133,141139,152213,115
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets385,434588,848463,661471,983358,855333,742381,301188,271263,574218,77576,52788,687133,141139,152213,115
Stock & work in progress
Trade Debtors1,759,8991,820,3992,108,5221,733,8651,383,7231,492,0611,456,9201,411,3471,477,7321,384,8021,231,7081,040,2071,241,7421,380,9381,232,790
Group Debtors
Misc Debtors166,249149,35599,376287,496137,461271,988223,630108,633139,50438,442168,64692,00856,99047,76150,769
Cash1,112,8561,282,6211,667,622989,992682,611584,830359,267339,472571,998336,481204,416220,278365,631309,006121,606
misc current assets
total current assets3,039,0043,252,3753,875,5203,011,3532,203,7952,348,8792,039,8171,859,4522,189,2341,759,7251,604,7701,352,4931,664,3631,737,7051,405,165
total assets3,424,4383,841,2234,339,1813,483,3362,562,6502,682,6212,421,1182,047,7232,452,8081,978,5001,681,2971,441,1801,797,5041,876,8571,618,280
Bank overdraft
Bank loan
Trade Creditors 834,9671,013,839984,5811,178,841828,1911,144,0121,278,919894,6641,241,113876,783923,358819,7901,090,4501,179,922981,235
Group/Directors Accounts41,864129,98874,008
other short term finances
hp & lease commitments3,05218,313
other current liabilities1,414,6871,143,0341,687,9531,080,160819,080640,201338,795518,347463,509361,656174,051108,130216,229258,852210,373
total current liabilities2,291,5182,286,8612,746,5422,259,0011,647,2711,784,2131,617,7141,413,0111,704,6221,238,4391,097,409927,9201,306,6791,441,8261,209,921
loans
hp & lease commitments3,053
Accruals and Deferred Income
other liabilities
provisions44,60181,88630,70411,2507,621
total long term liabilities44,60181,88630,70411,2507,6213,053
total liabilities2,336,1192,368,7472,777,2462,270,2511,647,2711,784,2131,625,3351,413,0111,704,6221,238,4391,097,409927,9201,306,6791,441,8261,212,974
net assets1,088,3191,472,4761,561,9351,213,085915,379898,408795,783634,712748,186740,061583,888513,260490,825435,031405,306
total shareholders funds1,088,3191,472,4761,561,9351,213,085915,379898,408795,783634,712748,186740,061583,888513,260490,825435,031405,306
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit437,182905,202938,849495,364197,802260,219199,21884,547226,513196,36891,09228,02674,31843,56847,621
Depreciation270,305232,020190,086124,079126,097114,96599,94597,21190,15776,27564,47972,75089,37898,858109,656
Amortisation
Tax-116,213-172,302-189,615-92,358-40,736-55,371-38,204-23,094-43,472-40,239-20,533-5,660-18,248-12,073-10,458
Stock
Debtors-43,606-238,144186,537500,177-242,86583,499160,570-97,256193,99222,890268,139-166,517-129,967145,1401,283,559
Creditors-178,87229,258-194,260350,650-315,821-134,907384,255-346,449364,330-46,575103,568-270,660-89,472198,687981,235
Accruals and Deferred Income271,653-544,919607,793261,080178,879301,406-179,55254,838101,853187,60565,921-108,099-42,62348,479210,373
Deferred Taxes & Provisions-37,28551,18219,45411,250-7,6217,621
Cash flow from operations690,376738,5851,185,770649,888389,086395,192312,713-35,691545,389350,54436,388-117,126143,320232,37954,868
Investing Activities
capital expenditure-237,207-151,210-293,809-21,908-127,446-218,523-52,319-27,196-71,200-19,295-54,814
Change in Investments
cash flow from investments-237,207-151,210-293,809-21,908-127,446-218,523-52,319-27,196-71,200-19,295-54,814
Financing Activities
Bank loans
Group/Directors Accounts-88,12455,98074,008
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-3,052-18,31421,366
other long term liabilities
share issue370,243
interest-5,126-22,359-4,530-5,300-5,095297577384446969-276-1,770-6,961
cash flow from financing-93,25033,62169,478-5,300-5,095297577384446969-3,328-20,084384,648
cash and cash equivalents
cash-169,765-385,001677,630307,38197,781225,56319,795-232,526235,517132,065-15,862-145,35356,625187,400121,606
overdraft
change in cash-169,765-385,001677,630307,38197,781225,56319,795-232,526235,517132,065-15,862-145,35356,625187,400121,606

international forwarding limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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International Forwarding Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for international forwarding limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in B46 area or any other competitors across 12 key performance metrics.

international forwarding limited Ownership

INTERNATIONAL FORWARDING LIMITED group structure

International Forwarding Limited has no subsidiary companies.

Ultimate parent company

INTERNATIONAL FORWARDING LIMITED

02162095

INTERNATIONAL FORWARDING LIMITED Shareholders

geoffrey richard ford 32.73%
richard gary ford 32.73%
nigel parsons 25.54%
petra pike 5%
andrew grubb 4%

international forwarding limited directors

International Forwarding Limited currently has 7 directors. The longest serving directors include Mr Nigel Parsons (Jun 1992) and Ms Trisha Slater (Sep 2002).

officercountryagestartendrole
Mr Nigel Parsons57 years Jun 1992- Director
Ms Trisha Slater63 years Sep 2002- Director
Mr Robert PikeEngland53 years Aug 2007- Director
Mr Andrew Grubb48 years Jun 2017- Director
Ms Allison Gregory45 years Apr 2022- Director
Mr Richard Ford55 years Jan 2024- Director
Mr Geoffrey Ford79 years Jan 2024- Director

P&L

March 2024

turnover

10.4m

-16%

operating profit

437.2k

-52%

gross margin

35.7%

+0.86%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

1.1m

-0.26%

total assets

3.4m

-0.11%

cash

1.1m

-0.13%

net assets

Total assets minus all liabilities

international forwarding limited company details

company number

02162095

Type

Private limited with Share Capital

industry

52290 - Other transportation support activities

incorporation date

September 1987

age

38

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

March 2024

previous names

w.p.s. international limited (September 2001)

accountant

-

auditor

BALLARDS LLP

address

station road, coleshill, birmingham, west midlands, B46 1HT

Bank

BARCLAYS BANK PLC

Legal Advisor

-

international forwarding 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 international forwarding limited. Currently there are 3 open charges and 2 have been satisfied in the past.

international forwarding 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.

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international forwarding limited Companies House Filings - See Documents

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