r.e.m. freight limited
r.e.m. freight limited Company Information
Company Number
04957222
Next Accounts
Aug 2025
Directors
Shareholders
rodney francis edward mullins
susan lee mullins
Group Structure
View All
Industry
Freight air transport
Registered Address
78 the green, twickenham, middlesex, TW2 5AG
Website
www.remfreight.comr.e.m. freight limited Estimated Valuation
Pomanda estimates the enterprise value of R.E.M. FREIGHT LIMITED at £93.1k based on a Turnover of £203.2k and 0.46x industry multiple (adjusted for size and gross margin).
r.e.m. freight limited Estimated Valuation
Pomanda estimates the enterprise value of R.E.M. FREIGHT LIMITED at £3.8k based on an EBITDA of £1.2k and a 3.05x industry multiple (adjusted for size and gross margin).
r.e.m. freight limited Estimated Valuation
Pomanda estimates the enterprise value of R.E.M. FREIGHT LIMITED at £39.2k based on Net Assets of £13.7k and 2.87x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
R.e.m. Freight Limited Overview
R.e.m. Freight Limited is a live company located in middlesex, TW2 5AG with a Companies House number of 04957222. It operates in the freight air transport sector, SIC Code 51210. Founded in November 2003, it's largest shareholder is rodney francis edward mullins with a 75% stake. R.e.m. Freight Limited is a mature, micro sized company, Pomanda has estimated its turnover at £203.2k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
R.e.m. Freight Limited Health Check
Pomanda's financial health check has awarded R.E.M. Freight Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £203.2k, make it smaller than the average company (£12.2m)
- R.e.m. Freight Limited
£12.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (9.7%)
- R.e.m. Freight Limited
9.7% - Industry AVG
Production
with a gross margin of 14.1%, this company has a higher cost of product (20.6%)
- R.e.m. Freight Limited
20.6% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (5.3%)
- R.e.m. Freight Limited
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (36)
1 - R.e.m. Freight Limited
36 - Industry AVG
Pay Structure
on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)
- R.e.m. Freight Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £203.2k, this is less efficient (£308.7k)
- R.e.m. Freight Limited
£308.7k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (48 days)
- R.e.m. Freight Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 83 days, this is slower than average (38 days)
- R.e.m. Freight Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- R.e.m. Freight Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - R.e.m. Freight Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.5%, this is a similar level of debt than the average (67.9%)
74.5% - R.e.m. Freight Limited
67.9% - Industry AVG
R.E.M. FREIGHT LIMITED financials
R.E.M. Freight Limited's latest turnover from November 2023 is estimated at £203.2 thousand and the company has net assets of £13.7 thousand. According to their latest financial statements, R.E.M. Freight Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,580 | 2,105 | 1,155 | 1,540 | 2,050 | 2,730 | 3,637 | 1,525 | 2,050 | 2,350 | 1,725 | 2,150 | 550 | 750 | 970 |
| 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 | 1,580 | 2,105 | 1,155 | 1,540 | 2,050 | 2,730 | 3,637 | 1,525 | 2,050 | 2,350 | 1,725 | 2,150 | 550 | 750 | 970 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 52,051 | 62,208 | 70,593 | 73,909 | 54,793 | 61,088 | 64,249 | 20,674 | 14,315 | 19,710 | 14,286 | 8,929 | 14,146 | 11,957 | 25,275 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42,647 | 52,110 | 44,079 | 23,297 | 41,482 | 33,116 | 38,392 | 38,864 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 52,051 | 62,208 | 70,593 | 73,909 | 54,793 | 61,088 | 64,249 | 63,321 | 66,425 | 63,789 | 37,583 | 50,411 | 47,262 | 50,349 | 64,139 |
| total assets | 53,631 | 64,313 | 71,748 | 75,449 | 56,843 | 63,818 | 67,886 | 64,846 | 68,475 | 66,139 | 39,308 | 52,561 | 47,812 | 51,099 | 65,109 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 39,977 | 43,586 | 59,112 | 16,308 | 30,273 | 34,353 | 32,638 | 30,166 | 31,278 | 31,635 | 15,753 | 28,279 | 28,993 | 34,084 | 48,702 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 39,977 | 43,586 | 59,112 | 16,308 | 30,273 | 34,353 | 32,638 | 30,166 | 31,278 | 31,635 | 15,753 | 28,279 | 28,993 | 34,084 | 48,702 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 8,000 | 10,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 8,000 | 10,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 39,977 | 51,586 | 69,112 | 66,308 | 30,273 | 34,353 | 32,638 | 30,166 | 31,278 | 31,635 | 15,753 | 28,279 | 28,993 | 34,084 | 48,702 |
| net assets | 13,654 | 12,727 | 2,636 | 9,141 | 26,570 | 29,465 | 35,248 | 34,680 | 37,197 | 34,504 | 23,555 | 24,282 | 18,819 | 17,015 | 16,407 |
| total shareholders funds | 13,654 | 12,727 | 2,636 | 9,141 | 26,570 | 29,465 | 35,248 | 34,680 | 37,197 | 34,504 | 23,555 | 24,282 | 18,819 | 17,015 | 16,407 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 525 | 678 | 799 | 584 | 688 | 200 | 220 | 330 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -10,157 | -8,385 | -3,316 | 19,116 | -6,295 | -3,161 | 43,575 | 6,359 | -5,395 | 5,424 | 5,357 | -5,217 | 2,189 | -13,318 | 25,275 |
| Creditors | -3,609 | -15,526 | 42,804 | -13,965 | -4,080 | 1,715 | 2,472 | -1,112 | -357 | 15,882 | -12,526 | -714 | -5,091 | -14,618 | 48,702 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 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 | 0 |
| other long term liabilities | -8,000 | -2,000 | -40,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -42,647 | -9,463 | 8,031 | 20,782 | -18,185 | 8,366 | -5,276 | -472 | 38,864 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -42,647 | -9,463 | 8,031 | 20,782 | -18,185 | 8,366 | -5,276 | -472 | 38,864 |
r.e.m. freight limited Credit Report and Business Information
R.e.m. Freight Limited Competitor Analysis
Perform a competitor analysis for r.e.m. freight limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in TW2 area or any other competitors across 12 key performance metrics.
r.e.m. freight limited Ownership
R.E.M. FREIGHT LIMITED group structure
R.E.M. Freight Limited has no subsidiary companies.
Ultimate parent company
R.E.M. FREIGHT LIMITED
04957222
r.e.m. freight limited directors
R.E.M. Freight Limited currently has 1 director, Mr Rodney Mullins serving since Nov 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rodney Mullins | 68 years | Nov 2003 | - | Director |
P&L
November 2023turnover
203.2k
-16%
operating profit
1.2k
0%
gross margin
14.1%
-5.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
13.7k
+0.07%
total assets
53.6k
-0.17%
cash
0
0%
net assets
Total assets minus all liabilities
r.e.m. freight limited company details
company number
04957222
Type
Private limited with Share Capital
industry
51210 - Freight air transport
incorporation date
November 2003
age
22
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
78 the green, twickenham, middlesex, TW2 5AG
Bank
-
Legal Advisor
-
r.e.m. freight 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 r.e.m. freight limited.
r.e.m. freight 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.
Click to start generating capital raising & share issue transactions for R.E.M. FREIGHT LIMITED. This can take several minutes, an email will notify you when this has completed.
r.e.m. freight limited Companies House Filings - See Documents
| date | description | view/download |
|---|
