Pomanda estimates the enterprise value of WORLD EXPRESS LIMITED at £212.8k based on a Turnover of £601.2k and 0.35x industry multiple (adjusted for size and gross margin).
world express limitedEstimated Valuation
£405.2k
Pomanda estimates the enterprise value of WORLD EXPRESS LIMITED at £405.2k based on an EBITDA of £148.5k and a 2.73x industry multiple (adjusted for size and gross margin).
world express limitedEstimated Valuation
£310.3k
Pomanda estimates the enterprise value of WORLD EXPRESS LIMITED at £310.3k based on Net Assets of £116.9k and 2.66x industry multiple (adjusted for liquidity).
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World Express LimitedOverview
World Express Limited is a live company located in billericay, CM12 0EQ with a Companies House number of 05072081. It operates in the other postal and courier activities sector, SIC Code 53202. Founded in March 2004, it's largest shareholder is
abdul razak gokal
with a 50% stake. World Express Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£601.2k with
declining
growth in recent years.
Pomanda's financial health check has awarded World Express Limited 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
Health Rating5out of 5
6 Strong
3 Regular
2 Weak
Size
annual sales of £601.2k, make it larger than the average company (£248.8k)
£601.2k - World Express Limited
£248.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (3.9%)
-30% - World Express Limited
3.9% - Industry AVG
Production
with a gross margin of 30.9%, this company has a comparable cost of product (30.9%)
30.9% - World Express Limited
30.9% - Industry AVG
Profitability
an operating margin of 24.5% make it more profitable than the average company (4.3%)
24.5% - World Express Limited
4.3% - Industry AVG
Employees
with 10 employees, this is above the industry average (4)
10 - World Express Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
£30.8k - World Express Limited
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £60.1k, this is less efficient (£112.7k)
£60.1k - World Express Limited
£112.7k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (40 days)
31 days - World Express Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (27 days)
44 days - World Express Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - World Express Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 63 weeks, this is more cash available to meet short term requirements (40 weeks)
63 weeks - World Express Limited
40 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.1%, this is a similar level of debt than the average (55.5%)
58.1% - World Express Limited
55.5% - Industry AVG
WORLD EXPRESS LIMITED financials
EXPORT
World Express Limited's latest turnover from March 2024 is estimated at £601.2 thousand and the company has net assets of £116.9 thousand. According to their latest financial statements, World Express Limited has 10 employees and maintains cash reserves of £197.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
601,211
1,284,363
1,470,905
1,716,796
960,612
961,747
619,039
628,551
519,511
676,878
417,623
313,224
839,495
631,742
628,862
Other Income Or Grants
Cost Of Sales
415,369
895,731
1,023,323
1,208,148
577,797
605,426
423,906
384,196
347,197
461,797
288,277
220,767
582,535
407,917
424,203
Gross Profit
185,843
388,633
447,582
508,648
382,815
356,321
195,132
244,355
172,313
215,081
129,346
92,457
256,960
223,825
204,659
Admin Expenses
38,321
398,874
470,444
477,536
410,295
355,995
207,766
186,819
172,084
214,980
128,885
92,589
256,948
223,756
204,553
Operating Profit
147,522
-10,241
-22,862
31,112
-27,480
326
-12,634
57,536
229
101
461
-132
12
69
106
Interest Payable
38
39
Interest Receivable
7,060
1,732
293
36
2
1
15
9
3
3
3
Pre-Tax Profit
154,583
-8,509
-22,569
31,148
-27,478
327
-12,619
57,508
193
101
464
-129
12
69
106
Tax
-38,646
-5,918
-62
-11,501
-38
-21
-107
-3
-19
-30
Profit After Tax
115,937
-8,509
-22,569
25,230
-27,478
265
-12,619
46,006
154
80
357
-129
9
50
76
Dividends Paid
Retained Profit
115,937
-8,509
-22,569
25,230
-27,478
265
-12,619
46,006
154
80
357
-129
9
50
76
Employee Costs
307,848
300,153
322,596
301,622
221,355
192,718
211,573
185,642
170,486
98,904
57,612
59,596
147,503
105,855
145,455
Number Of Employees
10
10
10
10
9
7
7
6
5
3
2
2
5
4
5
EBITDA*
148,488
-8,957
-21,351
32,698
-25,501
2,033
-10,911
58,440
1,025
909
1,160
470
626
699
757
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
548
593
812
1,233
967
2,272
1,762
456
169
399
292
108
144
192
256
Intangible Assets
563
1,129
1,695
2,261
2,827
3,393
3,959
4,525
5,091
5,657
6,223
6,789
7,355
7,921
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
548
1,156
1,941
2,928
3,228
5,099
5,155
4,415
4,694
5,490
5,949
6,331
6,933
7,547
8,177
Stock & work in progress
Trade Debtors
52,040
125,310
174,270
241,174
119,658
132,673
87,140
78,862
30,662
75,657
24,286
23,180
93,034
84,904
80,763
Group Debtors
Misc Debtors
28,572
22,842
23,182
43,724
59,357
83,006
97,170
118,257
118,054
39,023
14,082
Cash
197,720
71,246
10,238
67,846
4,431
256
141
5,957
1,124
113
998
50
misc current assets
total current assets
278,332
219,398
207,690
352,744
183,446
215,935
184,451
203,076
149,840
75,770
63,309
38,260
93,084
84,904
80,763
total assets
278,880
220,554
209,631
355,672
186,674
221,034
189,606
207,491
154,534
81,260
69,258
44,591
100,017
92,451
88,940
Bank overdraft
1,209
Bank loan
Trade Creditors
50,576
187,536
144,751
159,414
98,504
114,170
17,546
34,687
53,931
80,055
66,646
44,584
99,881
92,324
88,863
Group/Directors Accounts
other short term finances
hp & lease commitments
591
other current liabilities
111,338
31,980
55,209
164,018
81,213
71,187
137,094
125,360
98,795
total current liabilities
161,914
219,516
199,960
323,432
179,717
185,948
154,640
160,047
153,935
80,055
66,646
44,584
99,881
92,324
88,863
loans
hp & lease commitments
591
Accruals and Deferred Income
other liabilities
760
2,248
provisions
104
113
237
237
184
244
980
839
total long term liabilities
104
113
237
237
184
835
980
839
760
2,248
total liabilities
162,018
219,629
200,197
323,669
179,901
186,783
155,620
160,886
153,935
80,815
68,894
44,584
99,881
92,324
88,863
net assets
116,862
925
9,434
32,003
6,773
34,251
33,986
46,605
599
445
364
7
136
127
77
total shareholders funds
116,862
925
9,434
32,003
6,773
34,251
33,986
46,605
599
445
364
7
136
127
77
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
147,522
-10,241
-22,862
31,112
-27,480
326
-12,634
57,536
229
101
461
-132
12
69
106
Depreciation
403
718
945
1,020
1,413
1,141
1,157
338
230
242
133
36
48
64
85
Amortisation
563
566
566
566
566
566
566
566
566
566
566
566
566
566
566
Tax
-38,646
-5,918
-62
-11,501
-38
-21
-107
-3
-19
-30
Stock
Debtors
-67,540
-49,300
-87,446
105,883
-36,664
31,369
-12,809
48,403
73,059
12,348
26,047
-55,772
8,130
4,141
80,763
Creditors
-136,960
42,785
-14,663
60,910
-15,666
96,624
-17,141
-19,244
-26,124
13,409
22,062
-55,297
7,557
3,461
88,863
Accruals and Deferred Income
79,358
-23,229
-108,809
82,805
10,026
-65,907
11,734
26,565
98,795
Deferred Taxes & Provisions
-9
-124
53
-60
-736
141
839
Cash flow from operations
119,771
59,775
-57,377
64,665
5,463
583
-3,368
6,696
599
1,949
-2,932
945
50
8,827
Investing Activities
capital expenditure
-358
-499
-524
-1,286
-108
-1,651
-2,463
-625
-349
-317
-8,828
Change in Investments
cash flow from investments
-358
-499
-524
-1,286
-108
-1,651
-2,463
-625
-349
-317
-8,828
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-1,182
1,182
other long term liabilities
-760
-1,488
2,248
share issue
1
1
interest
7,060
1,732
293
36
2
1
15
-29
-36
3
3
cash flow from financing
7,060
1,732
293
36
-1,180
1,183
15
-29
-796
-1,487
2,251
3
1
cash and cash equivalents
cash
126,474
61,008
-57,608
63,415
4,175
115
-5,816
4,833
1,011
113
-998
948
50
overdraft
-1,209
1,209
change in cash
126,474
61,008
-57,608
63,415
4,175
115
-5,816
6,042
-198
113
-998
948
50
world express limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for world express limited. Get real-time insights into world express limited's credit score, group structure and payment trends.
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world express limited Ownership
WORLD EXPRESS LIMITED group structure
World Express Limited has no subsidiary companies.
Ultimate parent company
WORLD EXPRESS LIMITED
05072081
WORLD EXPRESS LIMITED Shareholders
The largest shareholders in World Express Limited include Abdul Razak Gokal and Mrs Sayyada Gokal.
abdul razak gokal
50%
mrs sayyada gokal
50%
world express limited directors
World Express Limited currently has 1 director, Ms Sayyada Gokal serving since Mar 2004.
lakeview house 4 lake meadows, office park woodbrook crescent, billericay, essex, CM12 0EQ
Bank
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Legal Advisor
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world express 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 3 charges/mortgages relating to world express limited. Currently there are 1 open charges and 2 have been satisfied in the past.
world express 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 WORLD EXPRESS LIMITED. This can take several minutes, an email will notify you when this has completed.
world express limitedCompanies House Filings - See Documents
