Worldwide Freight Services Limited

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worldwide freight services limited Company Information

Company Number

05289823

Next Accounts

Mar 2026

Directors

Wolfgang Reiff

Shareholders

wolfgang reiff

Group Structure

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Industry

Freight transport by road

Registered Address

bracken view great burches road, benfleet, SS7 3LX

Website

https://www.wwprojectservices.co.uk

worldwide freight services limited Estimated Valuation

£255.6k

Pomanda estimates the enterprise value of WORLDWIDE FREIGHT SERVICES LIMITED at £255.6k based on a Turnover of £374.9k and 0.68x industry multiple (adjusted for size and gross margin).

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Worldwide Freight Services Limited is a live company located in benfleet, SS7 3LX with a Companies House number of 05289823. It operates in the freight transport by road sector, SIC Code 49410. Founded in November 2004, it's largest shareholder is wolfgang reiff with a 100% stake. Worldwide Freight Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £374.9k with declining growth in recent years.

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Pomanda's financial health check has awarded Worldwide Freight Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

2 Regular

6 Weak

Size

annual sales of £374.9k, make it smaller than the average company (£8.6m)

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (8.6%)

EXPORT

Worldwide Freight Services Limited's latest turnover from June 2024 is estimated at £374.9 thousand and the company has net assets of £55.6 thousand. According to their latest financial statements, Worldwide Freight Services Limited has 3 employees and maintains cash reserves of £29.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	374,927	302,979	565,309	599,235	465,162	679,481	1,169,786	3,195,481	1,193,199	1,630,517	3,276,035	1,191,756	2,025,860	3,812,842	8,635,621
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	268,305	217,160	412,858	466,757	361,890	535,044	930,338	2,541,323	946,984	1,301,076	2,667,742	900,036	1,641,767	3,036,233	6,645,650
Gross Profit	106,621	85,819	152,451	132,478	103,272	144,438	239,448	654,158	246,215	329,441	608,294	291,720	384,093	776,609	1,989,970
Admin Expenses	115,209	98,469	140,793	124,053	104,783	314,525	122,088	697,579	231,799	319,405	550,183	346,682	363,618	748,507	1,830,768
Operating Profit	-8,588	-12,650	11,658	8,425	-1,511	-170,087	117,360	-43,421	14,416	10,036	58,111	-54,962	20,475	28,102	159,202
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	2,185	1,355	0	0	0	1,217	1,323	573	1,562	1,304	771	0	0	1,501	947
Pre-Tax Profit	-6,403	-11,295	11,658	8,425	-1,511	-168,870	118,683	-42,848	15,979	11,340	58,882	-54,962	20,475	29,603	160,149
Tax	0	0	-2,215	-1,601	0	0	-22,550	0	-3,196	-2,268	-12,365	4,122	-4,135	-7,697	-44,842
Profit After Tax	-6,403	-11,295	9,443	6,824	-1,511	-168,870	96,133	-42,848	12,783	9,072	46,517	-50,840	16,340	21,906	115,307
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	2,000	0	0
Retained Profit	-6,403	-11,295	9,443	6,824	-1,511	-168,870	96,133	-42,848	12,783	9,072	46,517	-50,840	14,340	21,906	115,307
Employee Costs	157,634	155,898	94,735	88,838	88,477	89,007	84,873	797,767	287,761	390,258	723,925	245,444	236,347	833,617	1,970,810
Number Of Employees	3	3	2	2	2	2	2	19	7	10	19	8	12	23	55
EBITDA*	-8,588	-12,650	11,658	8,425	-1,511	-170,087	117,360	-43,285	14,579	12,318	60,393	-52,696	23,293	31,069	163,440

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	0	0	0	0	0	0	0	1	136	300	2,582	4,865	6,478	820	3,787
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	0	0	0	0	0	0	0	1	136	300	2,582	4,865	6,478	820	3,787
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	30,563	7,759	97,494	100,927	77,767	112,765	123,335	341,163	92,621	88,805	377,672	144,850	166,833	414,018	891,952
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	208	3,028	1,491	1,419	2,073	0	0	0	0	0	0	17,395	11,921	0	0
Cash	29,050	54,203	0	0	0	0	324,619	204,526	253,571	371,398	150,371	158,031	191,048	221,491	378,842
misc current assets	0	0	0	0	0	2,372	0	0	0	0	0	0	0	0	0
total current assets	59,821	64,990	98,985	102,346	79,840	115,137	447,954	545,689	346,192	460,203	528,043	320,276	369,802	635,509	1,270,794
total assets	59,821	64,990	98,985	102,346	79,840	115,137	447,954	545,690	346,328	460,503	530,625	325,141	376,280	636,329	1,274,581
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	637	136	27,933	43,533	27,851	61,637	220,584	414,453	172,243	299,201	378,395	209,149	192,077	494,116	1,154,274
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	3,626	2,893	0	0	0	0	0	0	0	0	0	10,279	27,650	0	0
total current liabilities	4,263	3,029	27,933	43,533	27,851	61,637	220,584	414,453	172,243	299,201	378,395	219,428	219,727	494,116	1,154,274
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	2,796	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	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	2,796	0	0	0	0	0	0	0	0	0	0	0	0
total liabilities	4,263	3,029	30,729	43,533	27,851	61,637	220,584	414,453	172,243	299,201	378,395	219,428	219,727	494,116	1,154,274
net assets	55,558	61,961	68,256	58,813	51,989	53,500	227,370	131,237	174,085	161,302	152,230	105,713	156,553	142,213	120,307
total shareholders funds	55,558	61,961	68,256	58,813	51,989	53,500	227,370	131,237	174,085	161,302	152,230	105,713	156,553	142,213	120,307

	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	-8,588	-12,650	11,658	8,425	-1,511	-170,087	117,360	-43,421	14,416	10,036	58,111	-54,962	20,475	28,102	159,202
Depreciation	0	0	0	0	0	0	0	136	163	2,282	2,282	2,266	2,818	2,967	3,738
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	500
Tax	0	0	-2,215	-1,601	0	0	-22,550	0	-3,196	-2,268	-12,365	4,122	-4,135	-7,697	-44,842
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	19,984	-88,198	-3,361	22,506	-32,925	-10,570	-217,828	248,542	3,816	-288,867	215,427	-16,509	-235,264	-477,934	891,952
Creditors	501	-27,797	-15,600	15,682	-33,786	-158,947	-193,869	242,210	-126,958	-79,194	169,246	17,072	-302,039	-660,158	1,154,274
Accruals and Deferred Income	733	97	2,796	0	0	0	0	0	0	0	-10,279	-17,371	27,650	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-27,338	47,848	0	0	-2,372	-318,464	118,769	-49,617	-119,391	219,723	-8,432	-32,364	-19,967	-158,852	380,920
Investing Activities
capital expenditure	0	0	0	0	0	0	1	-1	1	0	1	-653	-8,476	0	-8,025
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	0	1	-1	1	0	1	-653	-8,476	0	-8,025
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	5,000	0	0	0	-5,000	0	0	0	0	0	0	0	0	5,000
interest	2,185	1,355	0	0	0	1,217	1,323	573	1,562	1,304	771	0	0	1,501	947
cash flow from financing	2,185	6,355	0	0	0	-3,783	1,323	573	1,562	1,304	771	0	0	1,501	5,947
cash and cash equivalents
cash	-25,153	54,203	0	0	0	-324,619	120,093	-49,045	-117,827	221,027	-7,660	-33,017	-30,443	-157,351	378,842
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-25,153	54,203	0	0	0	-324,619	120,093	-49,045	-117,827	221,027	-7,660	-33,017	-30,443	-157,351	378,842

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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WORLDWIDE FREIGHT SERVICES LIMITED group structure

Worldwide Freight Services Limited has no subsidiary companies.

Ultimate parent company

WORLDWIDE FREIGHT SERVICES LIMITED

05289823

WORLDWIDE FREIGHT SERVICES LIMITED Shareholders

wolfgang reiff

100%

Worldwide Freight Services Limited currently has 1 director, Mr Wolfgang Reiff serving since Nov 2004.

officer	country	age	start	end	role
Mr Wolfgang Reiff	England	71 years	Nov 2004	-	Director

P&L

June 2024

turnover

374.9k

+24%

operating profit

-8.6k

gross margin

28.5%

+0.4%

turnover

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

Balance Sheet

June 2024

net assets

55.6k

-0.1%

total assets

59.8k

-0.08%

cash

29.1k

-0.46%

net assets

Total assets minus all liabilities

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company number

05289823

Type

Private limited with Share Capital

industry

49410 - Freight transport by road

50200 - Sea and coastal freight water transport

incorporation date

November 2004

ultimate parent company

None

previous names

N/A

address

bracken view great burches road, benfleet, SS7 3LX

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 1 charges/mortgages relating to worldwide freight services limited. Currently there are 1 open charges and 0 have been satisfied in the past.

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worldwide freight services limited Company Information

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