eagle cargo services limited

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eagle cargo services limited Company Information

Share EAGLE CARGO SERVICES LIMITED

Company Number

03506948

Shareholders

ashokkumar suryakant patel

nimishaben ashok kumar patel

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Group Structure

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Industry

Other transportation support activities

 

Registered Address

ecs house 3b lamson road, rainham, essex, RM13 9YY

eagle cargo services limited Estimated Valuation

£5.7m

Pomanda estimates the enterprise value of EAGLE CARGO SERVICES LIMITED at £5.7m based on a Turnover of £9.7m and 0.59x industry multiple (adjusted for size and gross margin).

eagle cargo services limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of EAGLE CARGO SERVICES LIMITED at £1.9m based on an EBITDA of £422.7k and a 4.42x industry multiple (adjusted for size and gross margin).

eagle cargo services limited Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of EAGLE CARGO SERVICES LIMITED at £4.6m based on Net Assets of £2.1m and 2.16x industry multiple (adjusted for liquidity).

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Eagle Cargo Services Limited Overview

Eagle Cargo Services Limited is a live company located in essex, RM13 9YY with a Companies House number of 03506948. It operates in the other transportation support activities sector, SIC Code 52290. Founded in February 1998, it's largest shareholder is ashokkumar suryakant patel with a 47.6% stake. Eagle Cargo Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.7m with high growth in recent years.

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Eagle Cargo Services Limited Health Check

Pomanda's financial health check has awarded Eagle Cargo Services Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £9.7m, make it in line with the average company (£10.8m)

£9.7m - Eagle Cargo Services Limited

£10.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (13%)

30% - Eagle Cargo Services Limited

13% - Industry AVG

production

Production

with a gross margin of 24.8%, this company has a comparable cost of product (24.8%)

24.8% - Eagle Cargo Services Limited

24.8% - Industry AVG

profitability

Profitability

an operating margin of 2.1% make it less profitable than the average company (5.1%)

2.1% - Eagle Cargo Services Limited

5.1% - Industry AVG

employees

Employees

with 19 employees, this is below the industry average (44)

19 - Eagle Cargo Services Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - Eagle Cargo Services Limited

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £511k, this is more efficient (£245.1k)

£511k - Eagle Cargo Services Limited

£245.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 58 days, this is later than average (45 days)

58 days - Eagle Cargo Services Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 62 days, this is slower than average (35 days)

62 days - Eagle Cargo Services Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Eagle Cargo Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (18 weeks)

38 weeks - Eagle Cargo Services Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 53.7%, this is a similar level of debt than the average (59.5%)

53.7% - Eagle Cargo Services Limited

59.5% - Industry AVG

EAGLE CARGO SERVICES LIMITED financials

EXPORTms excel logo

Eagle Cargo Services Limited's latest turnover from May 2024 is estimated at £9.7 million and the company has net assets of £2.1 million. According to their latest financial statements, Eagle Cargo Services Limited has 19 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover9,708,7787,980,0396,399,3574,421,7553,205,9103,766,6672,987,3763,461,3243,494,7433,119,4931,785,4282,294,1761,971,2382,405,8955,815,560
Other Income Or Grants
Cost Of Sales7,298,9896,268,8404,975,7293,426,7962,485,3742,872,7102,272,2712,652,9612,716,8582,455,9621,388,9601,810,3391,547,6851,901,1854,494,306
Gross Profit2,409,7891,711,1991,423,628994,959720,535893,957715,106808,363777,884663,531396,468483,837423,554504,7101,321,254
Admin Expenses2,206,1201,599,512741,722627,026477,309752,612519,472764,561726,907499,329316,704312,261432,072373,0491,296,426
Operating Profit203,669111,687681,906367,933243,226141,345195,63443,80250,977164,20279,764171,576-8,518131,66124,828
Interest Payable59,24116,386
Interest Receivable58,38756,07011,6457736403,9861,1238123,2672,9082,4962,9122,8532,8131,429
Pre-Tax Profit202,815151,371693,551368,706243,865145,331196,75744,61454,244167,11082,259174,488-5,665134,47426,257
Tax-50,704-37,843-131,775-70,054-46,334-27,613-37,384-8,477-10,849-33,422-17,274-40,132-34,963-7,352
Profit After Tax152,111113,528561,776298,652197,531117,718159,37336,13743,395133,68864,985134,356-5,66599,51118,905
Dividends Paid
Retained Profit152,111113,528561,776298,652197,531117,718159,37336,13743,395133,68864,985134,356-5,66599,51118,905
Employee Costs917,512811,952589,427472,158389,369425,461313,088276,371256,697457,363289,085389,782316,049370,5341,115,760
Number Of Employees1918141210118771381191133
EBITDA*422,725205,086741,055409,737282,818184,230248,29656,11253,759167,91284,030176,6779,179133,70127,548

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets977,844599,960278,466200,484198,391180,302210,77736,9298,34711,12912,79615,3045,5886,1198,159
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets977,844599,960278,466200,484198,391180,302210,77736,9298,34711,12912,79615,3045,5886,1198,159
Stock & work in progress
Trade Debtors1,567,1361,115,3451,253,262813,877472,967613,291581,459670,964578,444300,190204,447186,672112,017191,041685,358
Group Debtors
Misc Debtors949,776935,261179,945186,802403,37740,30012,610335,07226,939
Cash1,096,0281,128,2291,363,760965,153580,882698,607364,20284,964564,676742,062421,094577,241587,501553,813571,436
misc current assets
total current assets3,612,9403,178,8352,796,9671,965,8321,457,2261,352,198958,2711,091,0001,170,0591,042,252625,541763,913699,518744,8541,256,794
total assets4,590,7843,778,7953,075,4332,166,3161,655,6171,532,5001,169,0481,127,9291,178,4061,053,381638,337779,217705,106750,9731,264,953
Bank overdraft
Bank loan
Trade Creditors 1,249,9691,231,272946,360740,225568,492621,867406,780544,049619,665607,498326,142532,007592,252632,4571,245,948
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities243,532261,423268,608127,40287,088108,12777,48058,46569,463
total current liabilities1,493,5011,492,6951,214,968867,627655,580729,994484,260602,514689,128607,498326,142532,007592,252632,4571,245,948
loans741,064312,107
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions230,115
total long term liabilities971,179312,107
total liabilities2,464,6801,804,8021,214,968867,627655,580729,994484,260602,514689,128607,498326,142532,007592,252632,4571,245,948
net assets2,126,1041,973,9931,860,4651,298,6891,000,037802,506684,788525,415489,278445,883312,195247,210112,854118,51619,005
total shareholders funds2,126,1041,973,9931,860,4651,298,6891,000,037802,506684,788525,415489,278445,883312,195247,210112,854118,51619,005
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit203,669111,687681,906367,933243,226141,345195,63443,80250,977164,20279,764171,576-8,518131,66124,828
Depreciation219,05693,39959,14941,80439,59242,88552,66212,3102,7823,7104,2665,10117,6972,0402,720
Amortisation
Tax-50,704-37,843-131,775-70,054-46,334-27,613-37,384-8,477-10,849-33,422-17,274-40,132-34,963-7,352
Stock
Debtors466,306617,399432,528124,335222,75359,522-411,967400,653305,19395,74317,77574,655-79,024-494,317685,358
Creditors18,697284,912206,135171,733-53,375215,087-137,269-75,61612,167281,356-205,865-60,245-40,205-613,4911,245,948
Accruals and Deferred Income-17,891-7,185141,20640,314-21,03930,64719,015-10,99869,463
Deferred Taxes & Provisions230,115
Cash flow from operations136,636-172,429524,093427,395-60,683342,829504,625-439,632-180,653320,103-156,8841,64547,998-20,436580,786
Investing Activities
capital expenditure-596,940-414,893-137,131-43,897-57,681-12,410-226,510-40,892-2,043-1,758-14,817-17,166-10,879
Change in Investments
cash flow from investments-596,940-414,893-137,131-43,897-57,681-12,410-226,510-40,892-2,043-1,758-14,817-17,166-10,879
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans428,957312,107
Hire Purchase and Lease Commitments
other long term liabilities
share issue3100
interest-85439,68411,6457736403,9861,1238123,2672,9082,4962,9122,8532,8131,429
cash flow from financing428,103351,79111,6457736403,9861,1238123,2672,9082,4962,9122,8562,8131,529
cash and cash equivalents
cash-32,201-235,531398,607384,271-117,725334,405279,238-479,712-177,386320,968-156,147-10,26033,688-17,623571,436
overdraft
change in cash-32,201-235,531398,607384,271-117,725334,405279,238-479,712-177,386320,968-156,147-10,26033,688-17,623571,436

eagle cargo services 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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Eagle Cargo Services Limited Competitor Analysis

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Perform a competitor analysis for eagle cargo services limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in RM13 area or any other competitors across 12 key performance metrics.

eagle cargo services limited Ownership

EAGLE CARGO SERVICES LIMITED group structure

Eagle Cargo Services Limited has no subsidiary companies.

Ultimate parent company

EAGLE CARGO SERVICES LIMITED

03506948

EAGLE CARGO SERVICES LIMITED Shareholders

ashokkumar suryakant patel 47.57%
nimishaben ashok kumar patel 32.04%
vikash ashokkumar patel 20.39%

eagle cargo services limited directors

Eagle Cargo Services Limited currently has 2 directors. The longest serving directors include Mr Ashokkumar Patel (Feb 1998) and Mr Vikash Patel (Jun 2014).

officercountryagestartendrole
Mr Ashokkumar PatelUnited Kingdom56 years Feb 1998- Director
Mr Vikash PatelUnited Kingdom35 years Jun 2014- Director

P&L

May 2024

turnover

9.7m

+22%

operating profit

203.7k

0%

gross margin

24.9%

+15.75%

turnover

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

Balance Sheet

May 2024

net assets

2.1m

+0.08%

total assets

4.6m

+0.21%

cash

1.1m

-0.03%

net assets

Total assets minus all liabilities

eagle cargo services limited company details

company number

03506948

Type

Private limited with Share Capital

industry

52290 - Other transportation support activities

incorporation date

February 1998

age

27

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

May 2024

previous names

international cargo forwarders shipping (uk) ltd (February 2000)

accountant

TAHAS & CO LTD

auditor

-

address

ecs house 3b lamson road, rainham, essex, RM13 9YY

Bank

-

Legal Advisor

-

eagle cargo 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 5 charges/mortgages relating to eagle cargo services limited. Currently there are 3 open charges and 2 have been satisfied in the past.

eagle cargo 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.

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eagle cargo services limited Companies House Filings - See Documents

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