corporate solutions (logistics) limited
corporate solutions (logistics) limited Company Information
Company Number
03459849
Next Accounts
710 days late
Directors
Shareholders
salerno holdings limited
leighton argyle
View AllGroup Structure
View All
Industry
Freight transport by road
Registered Address
c/o frp advisory trading limited, colmore row, birmingham, B3 3BD
corporate solutions (logistics) limited Estimated Valuation
Pomanda estimates the enterprise value of CORPORATE SOLUTIONS (LOGISTICS) LIMITED at £19.7m based on a Turnover of £32.4m and 0.61x industry multiple (adjusted for size and gross margin).
corporate solutions (logistics) limited Estimated Valuation
Pomanda estimates the enterprise value of CORPORATE SOLUTIONS (LOGISTICS) LIMITED at £2m based on an EBITDA of £483.6k and a 4.24x industry multiple (adjusted for size and gross margin).
corporate solutions (logistics) limited Estimated Valuation
Pomanda estimates the enterprise value of CORPORATE SOLUTIONS (LOGISTICS) LIMITED at £649.5k based on Net Assets of £241.4k and 2.69x industry multiple (adjusted for liquidity).
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Corporate Solutions (logistics) Limited Overview
Corporate Solutions (logistics) Limited is a live company located in birmingham, B3 3BD with a Companies House number of 03459849. It operates in the freight transport by road sector, SIC Code 49410. Founded in October 1997, it's largest shareholder is salerno holdings limited with a 80% stake. Corporate Solutions (logistics) Limited is a mature, large sized company, Pomanda has estimated its turnover at £32.4m with low growth in recent years.
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Corporate Solutions (logistics) Limited Health Check
Pomanda's financial health check has awarded Corporate Solutions (Logistics) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £32.4m, make it larger than the average company (£8.7m)
£32.4m - Corporate Solutions (logistics) Limited
£8.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a similar rate (2.2%)
2% - Corporate Solutions (logistics) Limited
2.2% - Industry AVG
Production
with a gross margin of 6%, this company has a higher cost of product (21%)
6% - Corporate Solutions (logistics) Limited
21% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (4.8%)
1% - Corporate Solutions (logistics) Limited
4.8% - Industry AVG
Employees
with 161 employees, this is above the industry average (66)
161 - Corporate Solutions (logistics) Limited
66 - Industry AVG
Pay Structure
on an average salary of £35.1k, the company has an equivalent pay structure (£34.7k)
£35.1k - Corporate Solutions (logistics) Limited
£34.7k - Industry AVG
Efficiency
resulting in sales per employee of £201.4k, this is more efficient (£118k)
£201.4k - Corporate Solutions (logistics) Limited
£118k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is earlier than average (59 days)
39 days - Corporate Solutions (logistics) Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (35 days)
44 days - Corporate Solutions (logistics) Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Corporate Solutions (logistics) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Corporate Solutions (logistics) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.7%, this is a higher level of debt than the average (66.1%)
96.7% - Corporate Solutions (logistics) Limited
66.1% - Industry AVG
CORPORATE SOLUTIONS (LOGISTICS) LIMITED financials
Corporate Solutions (Logistics) Limited's latest turnover from June 2021 is £32.4 million and the company has net assets of £241.4 thousand. According to their latest financial statements, Corporate Solutions (Logistics) Limited has 161 employees and maintains cash reserves of £23.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 32,429,150 | 34,143,370 | 35,564,454 | 30,126,887 | 24,549,590 | 22,248,253 | 16,250,485 | 11,834,184 | 12,281,786 | 10,875,604 | 10,851,780 | 10,569,570 |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 30,496,342 | 31,952,432 | 34,283,536 | 28,293,053 | 22,811,208 | 20,041,077 | 14,565,894 | 10,184,766 | 10,409,841 | 9,074,575 | 8,747,706 | 8,741,755 |
| Gross Profit | 1,932,808 | 2,190,938 | 1,280,918 | 1,833,834 | 1,738,382 | 2,207,176 | 1,684,591 | 1,649,418 | 1,871,945 | 1,801,029 | 2,104,074 | 1,827,815 |
| Admin Expenses | 1,606,816 | 1,750,279 | 968,511 | 1,664,795 | 1,476,772 | 1,595,123 | 1,598,324 | 1,312,870 | 1,687,264 | 1,687,236 | 1,946,002 | 1,203,650 |
| Operating Profit | 325,992 | 440,659 | 312,407 | 169,039 | 261,610 | 612,053 | 86,267 | 336,548 | 184,681 | 113,793 | 158,072 | 624,165 |
| Interest Payable | 4,528 | 581 | 34,070 | 16,334 | 13,554 | 10,744 | 3,499 | 8,422 | 5,312 | 3,508 | ||
| Interest Receivable | 121 | 12,761 | 4,054 | 588 | 776 | 753 | 480 | 615 | 952 | 1,704 | 1,658 | 478 |
| Pre-Tax Profit | 321,585 | 452,839 | 282,391 | 153,293 | 248,832 | 602,062 | 83,248 | 337,163 | 177,211 | 110,185 | 156,222 | 624,643 |
| Tax | -80,935 | -84,951 | -23,046 | -117,463 | -52,308 | -133,032 | -50,797 | -101,747 | -113,394 | -78,048 | -92,128 | -174,333 |
| Profit After Tax | 240,650 | 367,888 | 259,345 | 35,830 | 196,524 | 469,030 | 32,451 | 235,416 | 63,817 | 32,137 | 64,094 | 450,310 |
| Dividends Paid | 2,534,399 | 20,000 | 20,000 | 21,500 | 21,500 | 21,500 | 279,500 | |||||
| Retained Profit | -2,293,749 | 367,888 | 259,345 | 15,830 | 196,524 | 449,030 | 32,451 | 235,416 | 42,317 | 10,637 | 42,594 | 170,810 |
| Employee Costs | 5,645,864 | 2,453,677 | 2,381,610 | 1,572,345 | 1,035,616 | 910,795 | 764,766 | 583,776 | 726,296 | 685,418 | 1,231,112 | 961,150 |
| Number Of Employees | 161 | 82 | 79 | 56 | 38 | 32 | 23 | 19 | 21 | 19 | 19 | 18 |
| EBITDA* | 483,630 | 454,421 | 352,607 | 215,248 | 301,836 | 658,236 | 138,621 | 380,531 | 267,194 | 256,185 | 305,521 | 744,593 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 306,450 | 29,868 | 32,957 | 46,955 | 35,724 | 48,208 | 46,555 | 35,797 | 77,504 | 126,069 | 228,159 | 141,013 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 306,450 | 29,868 | 32,957 | 46,955 | 35,724 | 48,208 | 46,555 | 35,797 | 77,504 | 126,069 | 228,159 | 141,013 |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 3,545,452 | 4,231,468 | 5,488,048 | 5,299,367 | 4,393,436 | 3,477,433 | 2,806,151 | 2,463,169 | 2,495,663 | 2,498,697 | 2,410,817 | 2,142,774 |
| Group Debtors | 2,438,621 | 1,023,704 | 955,534 | 843,700 | 776,125 | 634,559 | 634,559 | 633,574 | 633,574 | 633,574 | 739,632 | 334,532 |
| Misc Debtors | 1,067,389 | 1,044,197 | 1,042,258 | 1,269,809 | 907,892 | 590,129 | 462,877 | 337,807 | 180,071 | 145,279 | 94,986 | 81,534 |
| Cash | 23,939 | 1,303,439 | 646,542 | 850,122 | 616,980 | 541,888 | 85,306 | 29,995 | 133,652 | 441,798 | 342,860 | 618,103 |
| misc current assets | ||||||||||||
| total current assets | 7,075,401 | 7,602,808 | 8,132,382 | 8,262,998 | 6,694,433 | 5,244,009 | 3,988,893 | 3,464,545 | 3,442,960 | 3,719,348 | 3,588,295 | 3,176,943 |
| total assets | 7,381,851 | 7,632,676 | 8,165,339 | 8,309,953 | 6,730,157 | 5,292,217 | 4,035,448 | 3,500,342 | 3,520,464 | 3,845,417 | 3,816,454 | 3,317,956 |
| Bank overdraft | 487 | |||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 3,690,969 | 3,336,655 | 4,884,654 | 4,706,314 | 3,693,429 | 2,969,523 | 2,235,263 | 1,787,397 | 2,034,414 | 2,244,167 | 2,115,590 | 1,935,437 |
| Group/Directors Accounts | 136,020 | |||||||||||
| other short term finances | 1,395,908 | |||||||||||
| hp & lease commitments | 86,428 | 19,661 | 19,661 | |||||||||
| other current liabilities | 1,785,965 | 1,760,896 | 1,113,448 | 1,693,830 | 1,144,397 | 625,999 | 553,677 | 498,888 | 507,409 | 585,572 | 539,766 | 493,111 |
| total current liabilities | 6,959,270 | 5,097,551 | 5,998,102 | 6,400,144 | 4,837,826 | 3,595,522 | 2,788,940 | 2,286,285 | 2,541,823 | 2,849,400 | 2,811,037 | 2,429,035 |
| loans | ||||||||||||
| hp & lease commitments | 117,856 | 59,693 | 79,730 | |||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | 63,349 | 1,917 | 269 | 1,157 | 5,828 | |||||||
| total long term liabilities | 181,205 | 1,917 | 269 | 1,157 | 59,693 | 79,730 | 5,828 | |||||
| total liabilities | 7,140,475 | 5,097,551 | 5,998,102 | 6,402,061 | 4,838,095 | 3,596,679 | 2,788,940 | 2,286,285 | 2,541,823 | 2,909,093 | 2,890,767 | 2,434,863 |
| net assets | 241,376 | 2,535,125 | 2,167,237 | 1,907,892 | 1,892,062 | 1,695,538 | 1,246,508 | 1,214,057 | 978,641 | 936,324 | 925,687 | 883,093 |
| total shareholders funds | 241,376 | 2,535,125 | 2,167,237 | 1,907,892 | 1,892,062 | 1,695,538 | 1,246,508 | 1,214,057 | 978,641 | 936,324 | 925,687 | 883,093 |
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 325,992 | 440,659 | 312,407 | 169,039 | 261,610 | 612,053 | 86,267 | 336,548 | 184,681 | 113,793 | 158,072 | 624,165 |
| Depreciation | 157,638 | 13,762 | 40,200 | 46,209 | 40,226 | 46,183 | 52,354 | 43,983 | 82,513 | 142,392 | 147,449 | 120,428 |
| Amortisation | ||||||||||||
| Tax | -80,935 | -84,951 | -23,046 | -117,463 | -52,308 | -133,032 | -50,797 | -101,747 | -113,394 | -78,048 | -92,128 | -174,333 |
| Stock | ||||||||||||
| Debtors | 752,093 | -1,186,471 | 72,964 | 1,335,423 | 1,375,332 | 798,534 | 469,037 | 125,242 | 31,758 | 32,115 | 686,595 | 2,558,840 |
| Creditors | 354,314 | -1,547,999 | 178,340 | 1,012,885 | 723,906 | 734,260 | 447,866 | -247,017 | -209,753 | 128,577 | 180,153 | 1,935,437 |
| Accruals and Deferred Income | 25,069 | 647,448 | -580,382 | 549,433 | 518,398 | 72,322 | 54,789 | -8,521 | -78,163 | 45,806 | 46,655 | 493,111 |
| Deferred Taxes & Provisions | 63,349 | -1,917 | 1,648 | -888 | 1,157 | -5,828 | 5,828 | |||||
| Cash flow from operations | 93,334 | 655,390 | -147,362 | 326,328 | 115,612 | 534,409 | 121,442 | -101,996 | -165,874 | 320,405 | -252,222 | 445,796 |
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -136,020 | 136,020 | ||||||||||
| Other Short Term Loans | 1,395,908 | |||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | 204,284 | -79,354 | -20,037 | 99,391 | ||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | -4,407 | 12,180 | -30,016 | -15,746 | -12,778 | -9,991 | -3,019 | 615 | -7,470 | -3,608 | -1,850 | 478 |
| cash flow from financing | 1,595,785 | 12,180 | -30,016 | -15,746 | -12,778 | -9,991 | -3,019 | 615 | -86,824 | -159,665 | 233,561 | 712,761 |
| cash and cash equivalents | ||||||||||||
| cash | -1,279,500 | 656,897 | -203,580 | 233,142 | 75,092 | 456,582 | 55,311 | -103,657 | -308,146 | 98,938 | -275,243 | 618,103 |
| overdraft | -487 | 487 | ||||||||||
| change in cash | -1,279,500 | 656,897 | -203,580 | 233,142 | 75,092 | 456,582 | 55,311 | -103,657 | -308,146 | 98,938 | -274,756 | 617,616 |
corporate solutions (logistics) limited Credit Report and Business Information
Corporate Solutions (logistics) Limited Competitor Analysis
Perform a competitor analysis for corporate solutions (logistics) limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in B 3 area or any other competitors across 12 key performance metrics.
corporate solutions (logistics) limited Ownership
CORPORATE SOLUTIONS (LOGISTICS) LIMITED group structure
Corporate Solutions (Logistics) Limited has no subsidiary companies.
Ultimate parent company
1 parent
CORPORATE SOLUTIONS (LOGISTICS) LIMITED
03459849
corporate solutions (logistics) limited directors
Corporate Solutions (Logistics) Limited currently has 1 director, Mr Joe Mangan serving since Mar 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joe Mangan | England | 32 years | Mar 2021 | - | Director |
P&L
June 2021turnover
32.4m
-5%
operating profit
326k
-26%
gross margin
6%
-7.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2021net assets
241.4k
-0.9%
total assets
7.4m
-0.03%
cash
23.9k
-0.98%
net assets
Total assets minus all liabilities
Similar Companies
corporate solutions (logistics) limited company details
company number
03459849
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
October 1997
age
28
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2021
previous names
rapid freight systems limited (March 2003)
accountant
-
auditor
MAZARS LLP
address
c/o frp advisory trading limited, colmore row, birmingham, B3 3BD
Bank
BARCLAYS BANK PLC
Legal Advisor
-
corporate solutions (logistics) 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 4 charges/mortgages relating to corporate solutions (logistics) limited. Currently there are 4 open charges and 0 have been satisfied in the past.
corporate solutions (logistics) 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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corporate solutions (logistics) limited Companies House Filings - See Documents
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