autofreight limited

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autofreight limited Company Information

Share AUTOFREIGHT LIMITED

Company Number

02572416

Shareholders

joanne elizabeth wood

john joseph christopoher wood

Group Structure

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Industry

Other transportation support activities

 

Registered Address

unit 1 grove farm, frog grove lane, guildford, GU3 3HD

autofreight limited Estimated Valuation

£357.3k

Pomanda estimates the enterprise value of AUTOFREIGHT LIMITED at £357.3k based on a Turnover of £712k and 0.5x industry multiple (adjusted for size and gross margin).

autofreight limited Estimated Valuation

£695.9k

Pomanda estimates the enterprise value of AUTOFREIGHT LIMITED at £695.9k based on an EBITDA of £184.9k and a 3.76x industry multiple (adjusted for size and gross margin).

autofreight limited Estimated Valuation

£474.9k

Pomanda estimates the enterprise value of AUTOFREIGHT LIMITED at £474.9k based on Net Assets of £201.4k and 2.36x industry multiple (adjusted for liquidity).

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Autofreight Limited Overview

Autofreight Limited is a live company located in guildford, GU3 3HD with a Companies House number of 02572416. It operates in the other transportation support activities sector, SIC Code 52290. Founded in January 1991, it's largest shareholder is joanne elizabeth wood with a 50% stake. Autofreight Limited is a mature, small sized company, Pomanda has estimated its turnover at £712k with rapid growth in recent years.

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Autofreight Limited Health Check

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

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £712k, make it smaller than the average company (£11.1m)

£712k - Autofreight Limited

£11.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (12.3%)

30% - Autofreight Limited

12.3% - Industry AVG

production

Production

with a gross margin of 24.4%, this company has a comparable cost of product (24.4%)

24.4% - Autofreight Limited

24.4% - Industry AVG

profitability

Profitability

an operating margin of 22.5% make it more profitable than the average company (5.2%)

22.5% - Autofreight Limited

5.2% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (44)

3 - Autofreight Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)

£46.6k - Autofreight Limited

£46.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £237.3k, this is equally as efficient (£249.1k)

£237.3k - Autofreight Limited

£249.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 62 days, this is later than average (46 days)

62 days - Autofreight Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is quicker than average (37 days)

31 days - Autofreight Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Autofreight Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (19 weeks)

29 weeks - Autofreight Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 50.8%, this is a lower level of debt than the average (58.5%)

50.8% - Autofreight Limited

58.5% - Industry AVG

AUTOFREIGHT LIMITED financials

EXPORTms excel logo

Autofreight Limited's latest turnover from March 2024 is estimated at £712 thousand and the company has net assets of £201.4 thousand. According to their latest financial statements, Autofreight Limited has 3 employees and maintains cash reserves of £73.6 thousand 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
Turnover712,004415,274389,553322,137288,039220,551202,654274,173328,418393,173344,191245,684289,083167,492398,071
Other Income Or Grants
Cost Of Sales538,273323,861303,925246,368219,928167,213153,507209,772255,964307,662267,031191,966224,822130,705296,844
Gross Profit173,73191,41385,62875,76968,11153,33849,14764,40072,45385,51277,16053,71864,26136,786101,227
Admin Expenses13,698121,25846,31231,12358,60143,42522,81365,555150,53583,65761,18341,09354,44712,63094,298
Operating Profit160,033-29,84539,31644,6469,5109,91326,334-1,155-78,0821,85515,97712,6259,81424,1566,929
Interest Payable17,28721,47816,9058,062306
Interest Receivable6,7207,9671,555128302121558844352637346340829217
Pre-Tax Profit149,467-43,35523,96736,7129,54110,12526,489-1,067-77,6392,38116,35113,08810,22224,4496,640
Tax-37,367-4,554-6,975-1,813-1,924-5,033-500-3,761-3,141-2,658-6,846
Profit After Tax112,100-43,35519,41329,7377,7288,20121,456-1,067-77,6391,88112,5909,9477,56417,6036,640
Dividends Paid8,600
Retained Profit112,100-43,35519,41329,7377,7288,20121,456-1,067-77,6391,88112,5909,9477,56417,603-1,960
Employee Costs139,75287,80082,41478,06876,03637,95576,34376,40069,31969,39870,59270,12669,73533,807101,817
Number Of Employees322221222222213
EBITDA*184,903-4,68258,21454,90220,39422,11935,4923,047-69,64612,42327,94523,67816,38232,19010,460

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets154,95557,38875,51573,29944,74246,32355,91016,80733,74841,75255,30652,84950,22630,50945,567
Intangible Assets1754757751,075
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets154,95557,38875,51573,29944,74246,32355,91016,80733,74841,75255,30653,02450,70131,28446,642
Stock & work in progress17,54120,607
Trade Debtors122,43047,69567,93439,09147,35140,22624,89637,19936,57832,60548,58028,21815,10314,74515,631
Group Debtors
Misc Debtors58,55866,933111,841121,63321,57525,96213,6754,9003,126
Cash73,577182,425192,508222,13632,87927,72628,78433,03337,492139,87770,61178,708106,56156,44960,461
misc current assets
total current assets254,565297,053372,283382,860101,80593,91467,35575,13274,070172,482119,191106,926139,20591,80179,218
total assets409,520354,441447,798456,159146,547140,237123,26591,939107,818214,234174,497159,950189,906123,085125,860
Bank overdraft
Bank loan
Trade Creditors 46,37359,47047,81556,48921,58023,70813,05231,87160,64189,41851,56249,60589,50830,25129,645
Group/Directors Accounts
other short term finances52,20052,20052,20045,600
hp & lease commitments
other current liabilities31,63914,65317,9978,19832,97131,96132,02513,95820,984
total current liabilities130,212126,323118,012110,28754,55155,66945,07745,82960,64189,41851,56249,60589,50830,25150,629
loans72,608130,311184,366218,714
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions5,3108,51712,77513,9268,5018,80110,622
total long term liabilities77,918138,828197,141232,6408,5018,80110,622
total liabilities208,130265,151315,153342,92763,05264,47055,69945,82960,64189,41851,56249,60589,50830,25150,629
net assets201,39089,290132,645113,23283,49575,76767,56646,11047,177124,816122,935110,345100,39892,83475,231
total shareholders funds201,39089,290132,645113,23283,49575,76767,56646,11047,177124,816122,935110,345100,39892,83475,231
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit160,033-29,84539,31644,6469,5109,91326,334-1,155-78,0821,85515,97712,6259,81424,1566,929
Depreciation24,87025,16318,89810,25610,88412,2069,1584,2028,43610,56811,79310,7536,2687,7343,231
Amortisation175300300300300
Tax-37,367-4,554-6,975-1,813-1,924-5,033-500-3,761-3,141-2,658-6,846
Stock-17,541-3,06620,607
Debtors66,360-65,14719,05191,7982,73827,617-3,5285,5213,973-15,97520,36213,115358-4,01218,757
Creditors-13,09711,655-8,67434,909-2,12810,656-18,819-28,770-28,77737,8561,957-39,90359,25760629,645
Accruals and Deferred Income16,986-3,3449,799-24,7731,010-6418,06713,958-20,98420,984
Deferred Taxes & Provisions-3,207-4,258-1,1515,425-300-1,82110,622
Cash flow from operations81,85864,51834,583-28,31014,4251,34943,857-17,286-102,39665,7545,779-14,94075,689-11,62942,332
Investing Activities
capital expenditure-122,437-7,036-21,114-38,813-9,303-2,619-48,26112,739-4322,986-14,250-13,376-25,9857,324-50,173
Change in Investments
cash flow from investments-122,437-7,036-21,114-38,813-9,303-2,619-48,26112,739-4322,986-14,250-13,376-25,9857,324-50,173
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans 6,60045,600
Long term loans-57,703-54,055-34,348218,714
Hire Purchase and Lease Commitments
other long term liabilities
share issue77,191
interest-10,567-13,511-15,350-7,9343021215588443526373463408292-289
cash flow from financing-68,270-67,566-43,098256,380302121558844352637346340829276,902
cash and cash equivalents
cash-108,848-10,083-29,628189,2575,153-1,058-4,249-4,459-102,38569,266-8,097-27,85350,112-4,01260,461
overdraft
change in cash-108,848-10,083-29,628189,2575,153-1,058-4,249-4,459-102,38569,266-8,097-27,85350,112-4,01260,461

autofreight 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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Autofreight Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for autofreight limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in GU3 area or any other competitors across 12 key performance metrics.

autofreight limited Ownership

AUTOFREIGHT LIMITED group structure

Autofreight Limited has no subsidiary companies.

Ultimate parent company

AUTOFREIGHT LIMITED

02572416

AUTOFREIGHT LIMITED Shareholders

joanne elizabeth wood 50%
john joseph christopoher wood 50%

autofreight limited directors

Autofreight Limited currently has 2 directors. The longest serving directors include Mrs Joanne Wood (Apr 2016) and Mr John Wood (Apr 2016).

officercountryagestartendrole
Mrs Joanne WoodUnited Kingdom41 years Apr 2016- Director
Mr John WoodUnited Kingdom41 years Apr 2016- Director

P&L

March 2024

turnover

712k

+71%

operating profit

160k

0%

gross margin

24.5%

+10.85%

turnover

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

Balance Sheet

March 2024

net assets

201.4k

+1.26%

total assets

409.5k

+0.16%

cash

73.6k

-0.6%

net assets

Total assets minus all liabilities

autofreight limited company details

company number

02572416

Type

Private limited with Share Capital

industry

52290 - Other transportation support activities

incorporation date

January 1991

age

34

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

d & m smith limited (November 2005)

classic vehicle collections limited (November 2002)

accountant

HOOKINS ACCOUNTANTS

auditor

-

address

unit 1 grove farm, frog grove lane, guildford, GU3 3HD

Bank

-

Legal Advisor

-

autofreight 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 did not find charges/mortgages relating to autofreight limited.

autofreight 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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autofreight limited Companies House Filings - See Documents

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