elite transport services limited
elite transport services limited Company Information
Company Number
02391839
Next Accounts
4362 days late
Directors
Shareholders
dale minster ltd
gary william bethel
View AllGroup Structure
View All
Industry
Freight transport by road
Registered Address
riverside house irwell street, manchester, M3 5EN
Website
http://elitetransport.co.ukelite transport services limited Estimated Valuation
Pomanda estimates the enterprise value of ELITE TRANSPORT SERVICES LIMITED at £25.9m based on a Turnover of £33.9m and 0.76x industry multiple (adjusted for size and gross margin).
elite transport services limited Estimated Valuation
Pomanda estimates the enterprise value of ELITE TRANSPORT SERVICES LIMITED at £4.7m based on an EBITDA of £881.2k and a 5.32x industry multiple (adjusted for size and gross margin).
elite transport services limited Estimated Valuation
Pomanda estimates the enterprise value of ELITE TRANSPORT SERVICES LIMITED at £2.4m based on Net Assets of £900.8k and 2.69x industry multiple (adjusted for liquidity).
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Elite Transport Services Limited Overview
Elite Transport Services Limited is a live company located in manchester, M3 5EN with a Companies House number of 02391839. It operates in the freight transport by road sector, SIC Code 49410. Founded in June 1989, it's largest shareholder is dale minster ltd with a 65% stake. Elite Transport Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £33.9m with unknown growth in recent years.
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Elite Transport Services Limited Health Check
Pomanda's financial health check has awarded Elite Transport Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £33.9m, make it larger than the average company (£6.3m)
£33.9m - Elite Transport Services Limited
£6.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Elite Transport Services Limited
- - Industry AVG
Production
with a gross margin of 12.8%, this company has a higher cost of product (19.6%)
12.8% - Elite Transport Services Limited
19.6% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (3.6%)
1.1% - Elite Transport Services Limited
3.6% - Industry AVG
Employees
with 219 employees, this is above the industry average (95)
219 - Elite Transport Services Limited
95 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£28.8k)
£31.4k - Elite Transport Services Limited
£28.8k - Industry AVG
Efficiency
resulting in sales per employee of £154.6k, this is more efficient (£108.2k)
£154.6k - Elite Transport Services Limited
£108.2k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (60 days)
57 days - Elite Transport Services Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (36 days)
24 days - Elite Transport Services Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (2 days)
1 days - Elite Transport Services Limited
2 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - Elite Transport Services Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90%, this is a higher level of debt than the average (70%)
90% - Elite Transport Services Limited
70% - Industry AVG
ELITE TRANSPORT SERVICES LIMITED financials
Elite Transport Services Limited's latest turnover from June 2011 is £33.9 million and the company has net assets of £900.8 thousand. According to their latest financial statements, Elite Transport Services Limited has 219 employees and maintains cash reserves of £3.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2011 | Jun 2010 | |
|---|---|---|
| Turnover | 33,856,699 | 28,353,706 |
| Other Income Or Grants | ||
| Cost Of Sales | 29,537,999 | 24,659,217 |
| Gross Profit | 4,318,700 | 3,694,489 |
| Admin Expenses | 3,955,753 | 3,183,185 |
| Operating Profit | 362,947 | 511,304 |
| Interest Payable | 163,313 | 169,642 |
| Interest Receivable | ||
| Pre-Tax Profit | 199,634 | 341,662 |
| Tax | -62,449 | -107,743 |
| Profit After Tax | 137,185 | 233,919 |
| Dividends Paid | 102,420 | 223,292 |
| Retained Profit | 34,765 | 10,627 |
| Employee Costs | 6,883,606 | 5,806,565 |
| Number Of Employees | 219 | 194 |
| EBITDA* | 881,209 | 1,010,756 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2011 | Jun 2010 | |
|---|---|---|
| Tangible Assets | 2,016,819 | 1,975,738 |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 2,016,819 | 1,975,738 |
| Stock & work in progress | 124,507 | 68,786 |
| Trade Debtors | 5,298,426 | 4,450,861 |
| Group Debtors | ||
| Misc Debtors | 1,528,022 | 1,385,078 |
| Cash | 3,286 | 2,808 |
| misc current assets | ||
| total current assets | 6,954,241 | 5,907,533 |
| total assets | 8,971,060 | 7,883,271 |
| Bank overdraft | 464,026 | 260,552 |
| Bank loan | 209,572 | 65,761 |
| Trade Creditors | 2,008,035 | 1,538,003 |
| Group/Directors Accounts | 450 | |
| other short term finances | 3,406,633 | 3,205,963 |
| hp & lease commitments | 166,769 | 263,486 |
| other current liabilities | 1,250,811 | 1,025,313 |
| total current liabilities | 7,505,846 | 6,359,528 |
| loans | 348,747 | 290,214 |
| hp & lease commitments | 106,751 | 229,543 |
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | 108,965 | 138,000 |
| total long term liabilities | 564,463 | 657,757 |
| total liabilities | 8,070,309 | 7,017,285 |
| net assets | 900,751 | 865,986 |
| total shareholders funds | 900,751 | 865,986 |
| Jun 2011 | Jun 2010 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | 362,947 | 511,304 |
| Depreciation | 518,262 | 499,452 |
| Amortisation | ||
| Tax | -62,449 | -107,743 |
| Stock | 55,721 | 68,786 |
| Debtors | 990,509 | 5,835,939 |
| Creditors | 470,032 | 1,538,003 |
| Accruals and Deferred Income | 225,498 | 1,025,313 |
| Deferred Taxes & Provisions | -29,035 | 138,000 |
| Cash flow from operations | 439,025 | -2,300,396 |
| Investing Activities | ||
| capital expenditure | -485,493 | -22,788 |
| Change in Investments | ||
| cash flow from investments | -485,493 | -22,788 |
| Financing Activities | ||
| Bank loans | 143,811 | 65,761 |
| Group/Directors Accounts | -450 | 450 |
| Other Short Term Loans | 200,670 | 3,205,963 |
| Long term loans | 58,533 | 290,214 |
| Hire Purchase and Lease Commitments | -219,509 | 493,029 |
| other long term liabilities | ||
| share issue | ||
| interest | -163,313 | -169,642 |
| cash flow from financing | 19,742 | 4,741,134 |
| cash and cash equivalents | ||
| cash | 478 | 2,808 |
| overdraft | 203,474 | 260,552 |
| change in cash | -202,996 | -257,744 |
elite transport services limited Credit Report and Business Information
Elite Transport Services Limited Competitor Analysis
Perform a competitor analysis for elite transport services limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in M 3 area or any other competitors across 12 key performance metrics.
elite transport services limited Ownership
ELITE TRANSPORT SERVICES LIMITED group structure
Elite Transport Services Limited has no subsidiary companies.
elite transport services limited directors
Elite Transport Services Limited currently has 1 director, Mr Gary Bethel serving since Jun 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Bethel | United Kingdom | 63 years | Jun 1991 | - | Director |
P&L
June 2011turnover
33.9m
+19%
operating profit
362.9k
-29%
gross margin
12.8%
-2.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2011net assets
900.8k
+0.04%
total assets
9m
+0.14%
cash
3.3k
+0.17%
net assets
Total assets minus all liabilities
elite transport services limited company details
company number
02391839
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
June 1989
age
36
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2011
previous names
duo-disk limited (July 1989)
accountant
-
auditor
-
address
riverside house irwell street, manchester, M3 5EN
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
elite transport services 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 9 charges/mortgages relating to elite transport services limited. Currently there are 4 open charges and 5 have been satisfied in the past.
elite transport services 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 ELITE TRANSPORT SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
elite transport services limited Companies House Filings - See Documents
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