Top Flight Logistics Limited

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top flight logistics limited Company Information

Live

MatureSmallDeclining

Company Number

03650480

Next Accounts

Nov 2025

Industry

Unlicensed Carriers

Directors

Paul Carter

Shareholders

top flight limited

Group Structure

View All

Contact

Registered Address

sterling house, fulbourne road, london, E17 4EE

Website

www.topflightcouriers.co.uk

top flight logistics limited Estimated Valuation

£9m

Pomanda estimates the enterprise value of TOP FLIGHT LOGISTICS LIMITED at £9m based on Net Assets of £3.5m and 2.56x industry multiple (adjusted for liquidity).

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Top Flight Logistics Limited is a live company located in london, E17 4EE with a Companies House number of 03650480. It operates in the other postal and courier activities sector, SIC Code 53202. Founded in October 1998, it's largest shareholder is top flight limited with a 100% stake. Top Flight Logistics Limited is a mature, small sized company, Pomanda has estimated its turnover at £506.7k with declining growth in recent years.

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Pomanda's financial health check has awarded Top Flight Logistics Limited a 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

Health Rating5out of 5

5 Strong

2 Regular

4 Weak

Size

annual sales of £506.7k, make it larger than the average company (£154.7k)

Growth

3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (6.4%)

EXPORT

Top Flight Logistics Limited's latest turnover from February 2024 is estimated at £506.7 thousand and the company has net assets of £3.5 million. According to their latest financial statements, Top Flight Logistics Limited has 1 employee and maintains cash reserves of £158.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Feb 2024	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Feb 2019	Feb 2018	Feb 2017	Feb 2016	Feb 2015	Feb 2014	Feb 2013	Feb 2012	Feb 2011	Feb 2010
Turnover	506,737	1,137,210	3,134,460	841,926	1,021,626	743,614	734,724	586,161	844,995	6,600,578	3,784,582	1,693,504	1,614,411	1,337,032	1,793,662
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	289,867	782,596	2,108,675	578,736	689,141	446,513	487,173	349,564	565,797	4,529,623	2,615,448	1,206,705	1,100,149	848,008	1,212,273
Gross Profit	216,870	354,614	1,025,785	263,190	332,485	297,101	247,551	236,597	279,198	2,070,954	1,169,134	486,799	514,262	489,024	581,389
Admin Expenses	130,396	-1,445,364	-528,086	195,343	221,645	171,974	175,143	206,469	242,545	1,886,594	1,048,342	403,525	478,385	411,065	488,432
Operating Profit	86,474	1,799,978	1,553,871	67,847	110,840	125,127	72,408	30,128	36,653	184,360	120,792	83,274	35,877	77,959	92,957
Interest Payable	18,000	23,243	12,810	8,269	12,900	13,101	12,588	6,791	0	0	0	0	0	0	0
Interest Receivable	9,184	13,190	1,631	158	1,321	1,160	305	93	254	2,450	2,811	616	108	13	8
Pre-Tax Profit	77,659	1,789,925	1,542,691	59,736	99,260	113,186	60,125	23,429	36,908	186,810	123,603	83,889	35,985	77,972	92,965
Tax	-19,415	-340,086	-293,111	-11,350	-18,859	-21,505	-11,424	-4,686	-7,381	-39,230	-28,429	-20,133	-9,356	-21,832	-26,030
Profit After Tax	58,244	1,449,839	1,249,580	48,386	80,401	91,681	48,701	18,743	29,526	147,580	95,174	63,756	26,629	56,140	66,935
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	58,244	1,449,839	1,249,580	48,386	80,401	91,681	48,701	18,743	29,526	147,580	95,174	63,756	26,629	56,140	66,935
Employee Costs	25,065	25,813	28,530	29,294	20,868	26,097	27,113	185,642	171,035	890,134	580,797	268,183	272,891	211,710	359,167
Number Of Employees	1	1	1	1	1	1	1	6	5	27	18	9	9	8	12
EBITDA*	87,304	1,801,015	1,553,918	67,905	110,913	125,218	72,522	30,270	36,831	184,582	121,070	83,622	36,311	78,502	92,957

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Feb 2024	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Feb 2019	Feb 2018	Feb 2017	Feb 2016	Feb 2015	Feb 2014	Feb 2013	Feb 2012	Feb 2011	Feb 2010
Tangible Assets	3,320	4,150	187	234	292	365	456	570	712	890	1,112	1,390	1,738	2,172	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	3,320	4,150	187	234	292	365	456	570	712	890	1,112	1,390	1,738	2,172	0
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	90,072	249,220	757,315	141,388	169,587	149,075	162,738	94,565	120,948	904,435	150,682	184,933	243,000	217,386	270,239
Group Debtors	5,474,286	5,198,081	3,048,081	848,081	999,724	875,676	855,471	955,394	749,186	0	0	0	0	0	0
Misc Debtors	25,000	253,684	253,684	210,601	128,720	96,510	22,130	4,661	0	0	0	0	0	0	0
Cash	158,086	191,786	467,714	184,599	132,023	220,167	89,110	32,705	41,318	60,372	919,516	204,852	41,451	1,920	3,176
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	5,747,444	5,892,771	4,526,794	1,384,669	1,430,054	1,341,428	1,129,449	1,087,325	911,452	964,807	1,070,198	389,785	284,451	219,306	273,415
total assets	5,750,764	5,896,921	4,526,981	1,384,903	1,430,346	1,341,793	1,129,905	1,087,895	912,164	965,697	1,071,310	391,175	286,189	221,478	273,415
Bank overdraft	33,333	33,333	3,767	19,975	0	0	0	47,014	0	0	0	0	0	0	0
Bank loan	0	0	0	0	53,920	50,190	47,327	0	0	0	0	0	0	0	0
Trade Creditors	33,150	57,480	60,090	24,203	38,451	26,937	32,148	15,291	26,977	509,383	762,576	177,615	136,385	93,096	192,555
Group/Directors Accounts	1,988,854	1,943,570	1,517,183	359,098	390,873	327,758	278,398	259,780	276,319	0	0	0	0	0	0
other short term finances	0	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	0
other current liabilities	55,124	243,884	639,253	120,737	111,539	123,892	95,989	90,915	123,028	0	0	0	0	0	0
total current liabilities	2,110,461	2,278,267	2,220,293	524,013	594,783	528,777	453,862	413,000	426,324	509,383	762,576	177,615	136,385	93,096	192,555
loans	108,888	144,445	283,318	87,093	110,141	167,982	122,672	170,312	0	0	0	0	0	0	0
hp & lease commitments	0	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	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	5,207	13,825
provisions	0	1,038	38	45	56	69	87	0	0	0	0	0	0	0	0
total long term liabilities	108,888	145,483	283,356	87,138	110,197	168,051	122,759	170,312	0	0	0	0	0	5,207	13,825
total liabilities	2,219,349	2,423,750	2,503,649	611,151	704,980	696,828	576,621	583,312	426,324	509,383	762,576	177,615	136,385	98,303	206,380
net assets	3,531,415	3,473,171	2,023,332	773,752	725,366	644,965	553,284	504,583	485,840	456,314	308,734	213,560	149,804	123,175	67,035
total shareholders funds	3,531,415	3,473,171	2,023,332	773,752	725,366	644,965	553,284	504,583	485,840	456,314	308,734	213,560	149,804	123,175	67,035

	Feb 2024	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Feb 2019	Feb 2018	Feb 2017	Feb 2016	Feb 2015	Feb 2014	Feb 2013	Feb 2012	Feb 2011	Feb 2010
Operating Activities
Operating Profit	86,474	1,799,978	1,553,871	67,847	110,840	125,127	72,408	30,128	36,653	184,360	120,792	83,274	35,877	77,959	92,957
Depreciation	830	1,037	47	58	73	91	114	142	178	222	278	348	434	543	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-19,415	-340,086	-293,111	-11,350	-18,859	-21,505	-11,424	-4,686	-7,381	-39,230	-28,429	-20,133	-9,356	-21,832	-26,030
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-111,627	1,641,905	2,859,010	-97,961	176,770	80,922	-14,281	184,486	-34,301	753,753	-34,251	-58,067	25,614	-52,853	270,239
Creditors	-24,330	-2,610	35,887	-14,248	11,514	-5,211	16,857	-11,686	-482,406	-253,193	584,961	41,230	43,289	-99,459	192,555
Accruals and Deferred Income	-188,760	-395,369	518,516	9,198	-12,353	27,903	5,074	-32,113	123,028	0	0	0	0	0	0
Deferred Taxes & Provisions	-1,038	1,000	-7	-11	-13	-18	87	0	0	0	0	0	0	0	0
Cash flow from operations	-34,612	-577,955	-1,043,807	149,455	-85,568	45,465	97,397	-202,701	-295,627	-861,594	711,853	162,786	44,630	10,064	-10,757
Investing Activities
capital expenditure	0	-5,000	0	0	0	0	0	0	0	0	0	0	0	-2,715	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	-5,000	0	0	0	0	0	0	0	0	0	0	0	-2,715	0
Financing Activities
Bank loans	0	0	0	-53,920	3,730	2,863	47,327	0	0	0	0	0	0	0	0
Group/Directors Accounts	45,284	426,387	1,158,085	-31,775	63,115	49,360	18,618	-16,539	276,319	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-35,557	-138,873	196,225	-23,048	-57,841	45,310	-47,640	170,312	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	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	-5,207	-8,618	13,825
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	100
interest	-8,816	-10,053	-11,179	-8,111	-11,579	-11,941	-12,283	-6,698	254	2,450	2,811	616	108	13	8
cash flow from financing	911	277,461	1,343,131	-116,854	-2,575	85,592	6,022	147,075	276,573	2,450	2,811	616	-5,099	-8,605	13,933
cash and cash equivalents
cash	-33,700	-275,928	283,115	52,576	-88,144	131,057	56,405	-8,613	-19,054	-859,144	714,664	163,401	39,531	-1,256	3,176
overdraft	0	29,566	-16,208	19,975	0	0	-47,014	47,014	0	0	0	0	0	0	0
change in cash	-33,700	-305,494	299,323	32,601	-88,144	131,057	103,419	-55,627	-19,054	-859,144	714,664	163,401	39,531	-1,256	3,176

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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TOP FLIGHT LOGISTICS LIMITED group structure

Top Flight Logistics Limited has no subsidiary companies.

Ultimate parent company

TOP FLIGHT LIMITED

08959832

1 parent

TOP FLIGHT LOGISTICS LIMITED

03650480

TOP FLIGHT LOGISTICS LIMITED Shareholders

top flight limited

100%

Top Flight Logistics Limited currently has 1 director, Mr Paul Carter serving since Oct 1998.

officer	country	age	start	end	role
Mr Paul Carter		60 years	Oct 1998	-	Director

P&L

February 2024

turnover

506.7k

-55%

operating profit

86.5k

gross margin

42.8%

+37.25%

turnover

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

Balance Sheet

February 2024

net assets

3.5m

+0.02%

total assets

5.8m

-0.02%

cash

158.1k

-0.18%

net assets

Total assets minus all liabilities

Similar Companies

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company number

03650480

Type

Private limited with Share Capital

industry

53202 - Unlicensed Carriers

incorporation date

October 1998

ultimate parent company

TOP FLIGHT LIMITED

previous names

N/A

address

sterling house, fulbourne road, london, E17 4EE

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 2 charges/mortgages relating to top flight logistics limited. Currently there are 1 open charges and 1 have been satisfied in the past.

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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top flight logistics limited Company Information

top flight logistics limited Estimated Valuation

top flight logistics limited Estimated Valuation

top flight logistics limited Estimated Valuation

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