dahabshiil transfer services ltd
dahabshiil transfer services ltd Company Information
Company Number
03538207
Website
www.dahabshiil.comRegistered Address
12 new fetter lane, london, EC4A 1JP
Industry
Other business support service activities n.e.c.
Telephone
02073751110
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
dahabshiil holdings ltd 100%
dahabshiil transfer services ltd Estimated Valuation
Pomanda estimates the enterprise value of DAHABSHIIL TRANSFER SERVICES LTD at £4m based on a Turnover of £5.2m and 0.77x industry multiple (adjusted for size and gross margin).
dahabshiil transfer services ltd Estimated Valuation
Pomanda estimates the enterprise value of DAHABSHIIL TRANSFER SERVICES LTD at £2.9m based on an EBITDA of £473.5k and a 6.07x industry multiple (adjusted for size and gross margin).
dahabshiil transfer services ltd Estimated Valuation
Pomanda estimates the enterprise value of DAHABSHIIL TRANSFER SERVICES LTD at £4.8m based on Net Assets of £2.1m and 2.27x industry multiple (adjusted for liquidity).
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Dahabshiil Transfer Services Ltd Overview
Dahabshiil Transfer Services Ltd is a live company located in london, EC4A 1JP with a Companies House number of 03538207. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 1998, it's largest shareholder is dahabshiil holdings ltd with a 100% stake. Dahabshiil Transfer Services Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £5.2m with declining growth in recent years.
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Dahabshiil Transfer Services Ltd Health Check
Pomanda's financial health check has awarded Dahabshiil Transfer Services Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £5.2m, make it larger than the average company (£3.8m)
£5.2m - Dahabshiil Transfer Services Ltd
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (3%)
-10% - Dahabshiil Transfer Services Ltd
3% - Industry AVG
Production
with a gross margin of 56.2%, this company has a lower cost of product (38.8%)
56.2% - Dahabshiil Transfer Services Ltd
38.8% - Industry AVG
Profitability
an operating margin of 8.1% make it more profitable than the average company (6.3%)
8.1% - Dahabshiil Transfer Services Ltd
6.3% - Industry AVG
Employees
with 28 employees, this is similar to the industry average (25)
28 - Dahabshiil Transfer Services Ltd
25 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
- Dahabshiil Transfer Services Ltd
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £184.3k, this is more efficient (£157.6k)
£184.3k - Dahabshiil Transfer Services Ltd
£157.6k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (44 days)
81 days - Dahabshiil Transfer Services Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (33 days)
37 days - Dahabshiil Transfer Services Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Dahabshiil Transfer Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (24 weeks)
43 weeks - Dahabshiil Transfer Services Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.8%, this is a similar level of debt than the average (63.6%)
62.8% - Dahabshiil Transfer Services Ltd
63.6% - Industry AVG
DAHABSHIIL TRANSFER SERVICES LTD financials
Dahabshiil Transfer Services Ltd's latest turnover from December 2022 is £5.2 million and the company has net assets of £2.1 million. According to their latest financial statements, Dahabshiil Transfer Services Ltd has 28 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,160,669 | 5,889,223 | 7,159,582 | 7,080,942 | 4,503,566 | 3,723,637 | 3,636,096 | 3,192,041 | 2,544,402 | 2,580,486 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 2,259,056 | 2,540,369 | 3,176,059 | 3,681,372 | 2,098,178 | 2,306,673 | 2,262,956 | 1,992,127 | 1,516,196 | 1,541,091 | ||||
| Gross Profit | 2,901,613 | 3,348,854 | 3,983,523 | 3,399,570 | 2,405,388 | 1,416,964 | 1,373,140 | 1,199,914 | 1,028,206 | 1,039,395 | ||||
| Admin Expenses | 2,481,459 | 2,553,206 | 3,209,376 | 3,993,871 | ||||||||||
| Operating Profit | 420,154 | 795,648 | 774,147 | -594,301 | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | 420,154 | 795,648 | 783,151 | -594,301 | 411,158 | -55,974 | 50,748 | 25,510 | 10,377 | 21,307 | ||||
| Tax | -92,272 | -253,764 | -236,515 | 50,322 | -89,517 | 7,101 | -10,683 | -9,264 | -4,530 | 2,692 | ||||
| Profit After Tax | 327,882 | 541,884 | 546,636 | -543,979 | 321,641 | -48,873 | 40,065 | 16,246 | 5,847 | 23,999 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 327,882 | 541,884 | 546,636 | -543,979 | 321,641 | -48,873 | 40,065 | 16,246 | 5,847 | 23,999 | ||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 28 | 30 | 33 | 45 | 46 | 43 | 40 | 37 | ||||||
| EBITDA* | 473,514 | 819,971 | 786,932 | -560,661 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 78,899 | 95,370 | 8,826 | 11,949 | 38,431 | 158,713 | 243,899 | 95,920 | 620,175 | 647,784 | 633,012 | 523,768 | 533,639 | 550,626 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 312,697 | 312,697 | 212,107 | 130,996 | 805,996 | 900,996 | 900,996 | 575,565 | 0 | 127,128 | 127,128 | 127,128 | 127,128 | 12,841 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,230 | 17,230 | 20,700 | 0 | 0 |
| Total Fixed Assets | 391,596 | 408,067 | 220,933 | 142,945 | 844,427 | 1,059,709 | 1,144,895 | 671,485 | 620,175 | 792,142 | 777,370 | 671,596 | 660,767 | 563,467 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,148,412 | 910,512 | 2,428,052 | 2,388,898 | 2,716,160 | 1,968,904 | 4,412,204 | 2,632,668 | 7,546,201 | 1,572,398 | 1,789,322 | 1,836,744 | 1,302,100 | 982,753 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,906 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,182,141 | 1,101,153 | 1,240,696 | 1,362,402 | 1,360,429 | 361,958 | 296,593 | 293,461 | 306,942 | 393,990 | 368,302 | 894,272 | 884,038 | 874,465 |
| Cash | 2,930,097 | 2,426,819 | 3,453,339 | 4,194,229 | 7,005,358 | 4,794,258 | 6,984,796 | 4,463,450 | 5,608,247 | 6,341,994 | 2,903,335 | 1,992,048 | 1,996,697 | 1,796,223 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,260,650 | 4,438,484 | 7,122,087 | 7,945,529 | 11,081,947 | 7,125,120 | 11,693,593 | 7,389,579 | 13,461,390 | 8,330,288 | 5,060,959 | 4,723,064 | 4,182,835 | 3,653,441 |
| total assets | 5,652,246 | 4,846,551 | 7,343,020 | 8,088,474 | 11,926,374 | 8,184,829 | 12,838,488 | 8,061,064 | 14,081,565 | 9,122,430 | 5,838,329 | 5,394,660 | 4,843,602 | 4,216,908 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 232,991 | 68,658 | 191,331 | 263,733 | 244,924 | 316,591 | 228,465 | 178,063 | 42,295 | 131,953 | 202,605 | 132,111 | 161,568 | 133,624 |
| Group/Directors Accounts | 3,002,599 | 2,179,964 | 0 | 0 | 0 | 0 | 0 | 0 | 12,073,994 | 7,250,738 | 3,795,503 | 3,457,514 | 2,928,126 | 2,359,078 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 297,773 | 805,259 | 5,920,819 | 7,140,507 | 10,422,460 | 5,644,812 | 9,897,160 | 5,610,270 | 93,056 | 185,017 | 240,278 | 239,237 | 214,380 | 190,525 |
| total current liabilities | 3,533,363 | 3,053,881 | 6,112,150 | 7,404,240 | 10,667,384 | 5,961,403 | 10,125,625 | 5,788,333 | 12,209,345 | 7,567,708 | 4,238,386 | 3,828,862 | 3,304,074 | 2,683,227 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 18,247 | 19,916 | 0 | 0 | 30,777 | 66,436 | 86,985 | 14,718 | 3,613 | 7,756 | 4,104 | 10,024 | 0 | 0 |
| total long term liabilities | 18,247 | 19,916 | 0 | 0 | 30,777 | 66,436 | 86,985 | 14,718 | 3,613 | 7,756 | 4,104 | 10,024 | 0 | 0 |
| total liabilities | 3,551,610 | 3,073,797 | 6,112,150 | 7,404,240 | 10,698,161 | 6,027,839 | 10,212,610 | 5,803,051 | 12,212,958 | 7,575,464 | 4,242,490 | 3,838,886 | 3,304,074 | 2,683,227 |
| net assets | 2,100,636 | 1,772,754 | 1,230,870 | 684,234 | 1,228,213 | 2,156,990 | 2,625,878 | 2,258,013 | 1,868,607 | 1,546,966 | 1,595,839 | 1,555,774 | 1,539,528 | 1,533,681 |
| total shareholders funds | 2,100,636 | 1,772,754 | 1,230,870 | 684,234 | 1,228,213 | 2,156,990 | 2,625,878 | 2,258,013 | 1,868,607 | 1,546,966 | 1,595,839 | 1,555,774 | 1,539,528 | 1,533,681 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 420,154 | 795,648 | 774,147 | -594,301 | ||||||||||
| Depreciation | 53,360 | 24,323 | 12,785 | 33,640 | 136,307 | 136,536 | 84,648 | 32,273 | 38,658 | 34,660 | 44,640 | 30,164 | 44,508 | 25,874 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -92,272 | -253,764 | -236,515 | 50,322 | -89,517 | 7,101 | -10,683 | -9,264 | -4,530 | 2,692 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 318,888 | -1,657,083 | -82,552 | -325,289 | 1,745,727 | -2,377,935 | 1,782,668 | -4,927,014 | 5,847,619 | -169,330 | -576,862 | 565,578 | 328,920 | 1,857,218 |
| Creditors | 164,333 | -122,673 | -72,402 | 18,809 | -71,667 | 88,126 | 50,402 | 135,768 | -89,658 | -70,652 | 70,494 | -29,457 | 27,944 | 133,624 |
| Accruals and Deferred Income | -507,486 | -5,115,560 | -1,219,688 | -3,281,953 | 4,777,648 | -4,252,348 | 4,286,890 | 5,517,214 | -91,961 | -55,261 | 1,041 | 24,857 | 23,855 | 190,525 |
| Deferred Taxes & Provisions | -1,669 | 19,916 | 0 | -30,777 | -35,659 | -20,549 | 72,267 | 11,105 | -4,143 | 3,652 | -5,920 | 10,024 | 0 | 0 |
| Cash flow from operations | -282,468 | -2,995,027 | -659,121 | -3,478,971 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 100,590 | 81,111 | -675,000 | -95,000 | 0 | 325,431 | 575,565 | -127,128 | 0 | 0 | 0 | 114,287 | 12,841 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 822,635 | 2,179,964 | 0 | 0 | 0 | 0 | 0 | -12,073,994 | 4,823,256 | 3,455,235 | 337,989 | 529,388 | 569,048 | 2,359,078 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| cash flow from financing | 822,635 | 2,179,964 | 0 | 0 | 4,823,256 | 3,455,235 | 337,989 | 529,388 | 569,048 | 3,868,760 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | 503,278 | -1,026,520 | -740,890 | -2,811,129 | 2,211,100 | -2,190,538 | 2,521,346 | -1,144,797 | -733,747 | 3,438,659 | 911,287 | -4,649 | 200,474 | 1,796,223 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 503,278 | -1,026,520 | -740,890 | -2,811,129 | 2,211,100 | -2,190,538 | 2,521,346 | -1,144,797 | -733,747 | 3,438,659 | 911,287 | -4,649 | 200,474 | 1,796,223 |
dahabshiil transfer services ltd Credit Report and Business Information
Dahabshiil Transfer Services Ltd Competitor Analysis
Perform a competitor analysis for dahabshiil transfer services ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
dahabshiil transfer services ltd Ownership
DAHABSHIIL TRANSFER SERVICES LTD group structure
Dahabshiil Transfer Services Ltd has no subsidiary companies.
Ultimate parent company
1 parent
DAHABSHIIL TRANSFER SERVICES LTD
03538207
dahabshiil transfer services ltd directors
Dahabshiil Transfer Services Ltd currently has 4 directors. The longest serving directors include Mr Abdirashid Duale (Oct 2003) and Mr James Bradley (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abdirashid Duale | United Kingdom | 47 years | Oct 2003 | - | Director |
| Mr James Bradley | 71 years | Feb 2017 | - | Director | |
| Mr Abdulwahab Osman | United Kingdom | 73 years | Dec 2019 | - | Director |
| Mr Suleiman Elmi | United Kingdom | 71 years | Apr 2023 | - | Director |
P&L
December 2022turnover
5.2m
-12%
operating profit
420.2k
-47%
gross margin
56.3%
-1.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.1m
+0.18%
total assets
5.7m
+0.17%
cash
2.9m
+0.21%
net assets
Total assets minus all liabilities
dahabshiil transfer services ltd company details
company number
03538207
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 1998
age
26
accounts
Full Accounts
ultimate parent company
previous names
dahabshill transfer services ltd (June 2002)
incorporated
UK
address
12 new fetter lane, london, EC4A 1JP
last accounts submitted
December 2022
dahabshiil transfer services ltd 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 dahabshiil transfer services ltd. Currently there are 3 open charges and 1 have been satisfied in the past.
dahabshiil transfer services ltd Companies House Filings - See Documents
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