armoric freight international (holdings) limited
armoric freight international (holdings) limited Company Information
Company Number
05700008
Next Accounts
Jun 2025
Industry
Freight transport by road
Shareholders
armoric international limited
Group Structure
View All
Contact
Registered Address
14 barn close, langage industrial estate, plympton, devon, PL7 5HQ
Website
www.armoric.co.ukarmoric freight international (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of ARMORIC FREIGHT INTERNATIONAL (HOLDINGS) LIMITED at £974.1k based on a Turnover of £2.7m and 0.35x industry multiple (adjusted for size and gross margin).
armoric freight international (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of ARMORIC FREIGHT INTERNATIONAL (HOLDINGS) LIMITED at £0 based on an EBITDA of £-5 and a 3.42x industry multiple (adjusted for size and gross margin).
armoric freight international (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of ARMORIC FREIGHT INTERNATIONAL (HOLDINGS) LIMITED at £2.1m based on Net Assets of £892.7k and 2.4x industry multiple (adjusted for liquidity).
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Armoric Freight International (holdings) Limited Overview
Armoric Freight International (holdings) Limited is a live company located in plympton, PL7 5HQ with a Companies House number of 05700008. It operates in the freight transport by road sector, SIC Code 49410. Founded in February 2006, it's largest shareholder is armoric international limited with a 100% stake. Armoric Freight International (holdings) Limited is a established, small sized company, Pomanda has estimated its turnover at £2.7m with rapid growth in recent years.
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Armoric Freight International (holdings) Limited Health Check
Pomanda's financial health check has awarded Armoric Freight International (Holdings) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£8.5m)
- Armoric Freight International (holdings) Limited
£8.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 167%, show it is growing at a faster rate (8.5%)
- Armoric Freight International (holdings) Limited
8.5% - Industry AVG
Production
with a gross margin of 14.5%, this company has a higher cost of product (22.1%)
- Armoric Freight International (holdings) Limited
22.1% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (5.6%)
- Armoric Freight International (holdings) Limited
5.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (58)
2 - Armoric Freight International (holdings) Limited
58 - Industry AVG
Pay Structure
on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)
- Armoric Freight International (holdings) Limited
£39.6k - Industry AVG
Efficiency
resulting in sales per employee of £1.4m, this is more efficient (£131.4k)
- Armoric Freight International (holdings) Limited
£131.4k - Industry AVG
Debtor Days
it gets paid by customers after 137 days, this is later than average (52 days)
- Armoric Freight International (holdings) Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (30 days)
- Armoric Freight International (holdings) Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Armoric Freight International (holdings) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Armoric Freight International (holdings) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.9%, this is a lower level of debt than the average (61.4%)
13.9% - Armoric Freight International (holdings) Limited
61.4% - Industry AVG
ARMORIC FREIGHT INTERNATIONAL (HOLDINGS) LIMITED financials
Armoric Freight International (Holdings) Limited's latest turnover from September 2023 is estimated at £2.7 million and the company has net assets of £892.7 thousand. According to their latest financial statements, Armoric Freight International (Holdings) Limited has 2 employees and maintains cash reserves of £111 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,820,860 | 7,403,954 | 7,610,868 | 7,867,249 | 8,668,051 | 9,658,490 | 9,899,954 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 6,202,777 | 5,898,321 | 6,257,170 | 6,387,214 | 6,985,116 | 7,785,793 | 7,963,769 | ||||||||
| Gross Profit | 1,618,083 | 1,505,633 | 1,353,698 | 1,480,035 | 1,682,935 | 1,872,697 | 1,936,185 | ||||||||
| Admin Expenses | 1,436,123 | 1,301,549 | 1,161,677 | 1,357,981 | 1,498,062 | 1,589,114 | 1,500,124 | ||||||||
| Operating Profit | 181,960 | 204,084 | 192,021 | 122,054 | 184,873 | 283,583 | 436,061 | ||||||||
| Interest Payable | 46,841 | 48,548 | 30,859 | 29,955 | 46,065 | 64,763 | 76,164 | ||||||||
| Interest Receivable | 498 | 485 | 398 | 786 | 670 | 368 | 276 | ||||||||
| Pre-Tax Profit | 135,617 | 156,021 | 161,560 | 92,885 | 139,478 | 219,188 | 360,173 | ||||||||
| Tax | -27,691 | -31,259 | -25,481 | -19,659 | -34,625 | -39,242 | -75,466 | ||||||||
| Profit After Tax | 107,926 | 124,762 | 136,079 | 73,226 | 104,853 | 179,946 | 284,707 | ||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Retained Profit | 107,926 | 124,762 | 136,079 | 73,226 | 104,853 | 179,946 | 284,707 | ||||||||
| Employee Costs | 786,594 | 722,243 | 695,908 | 773,512 | 854,965 | 878,217 | 836,219 | ||||||||
| Number Of Employees | 2 | 2 | 1 | 3 | 2 | 26 | 26 | 26 | 26 | 26 | 24 | 25 | 25 | 26 | 25 |
| EBITDA* | 552,569 | 569,857 | 521,692 | 512,643 | 571,496 | 754,753 | 839,781 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 1,346,164 | 1,346,164 | 2,763,941 | 2,475,279 | 2,479,830 | 2,593,631 | 2,496,523 | 2,229,600 | 2,046,629 | 2,115,424 | 2,482,428 | 2,261,613 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Investments & Other | 100 | 100 | 100 | 100 | 100 | 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 | 100 | 100 | 100 | 1,346,264 | 1,346,264 | 2,763,941 | 2,475,279 | 2,479,830 | 2,593,631 | 2,496,523 | 2,229,600 | 2,046,629 | 2,115,424 | 2,482,428 | 2,261,614 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,036,866 | 1,035,090 | 1,071,290 | 0 | 0 | 1,386,959 | 1,371,781 | 1,537,110 | 1,384,936 | 1,378,098 | 1,179,657 | 1,169,107 | 1,437,193 | 1,625,353 | 1,703,730 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115,000 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 14,085 | 45 | 146,952 | 121,821 | 0 | 113,430 | 132,192 | 165,866 | 189,322 | 210,237 | 89,244 | 88,271 |
| Cash | 111 | 111 | 227 | 10,118 | 107,248 | 646,096 | 669,730 | 672,872 | 398,196 | 548,140 | 502,774 | 425,173 | 471,840 | 345,981 | 265,714 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,036,977 | 1,035,201 | 1,071,517 | 24,203 | 107,293 | 2,180,007 | 2,163,332 | 2,209,982 | 1,896,562 | 2,058,430 | 1,848,297 | 1,783,602 | 2,234,270 | 2,060,578 | 2,057,715 |
| total assets | 1,037,077 | 1,035,301 | 1,071,617 | 1,370,467 | 1,453,557 | 4,943,948 | 4,638,611 | 4,689,812 | 4,490,193 | 4,554,953 | 4,077,897 | 3,830,231 | 4,349,694 | 4,543,006 | 4,319,329 |
| Bank overdraft | 0 | 0 | 0 | 278,652 | 45,393 | 53,498 | 70,632 | 68,859 | 14,539 | 143,781 | 33,839 | 25,506 | 124,774 | 133,936 | 53,777 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 45,404 | 44,003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 144,381 | 142,605 | 178,905 | 7,620 | 0 | 1,047,008 | 1,106,385 | 1,133,394 | 877,875 | 915,794 | 940,806 | 1,017,514 | 1,278,811 | 1,216,098 | 1,286,064 |
| Group/Directors Accounts | 0 | 0 | 0 | 183,375 | 183,375 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115,000 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42,083 | 42,083 | 41,250 | 40,435 | 39,636 | 38,849 | 17,081 | 20,387 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 508,176 | 352,208 | 352,554 | 447,212 | 428,822 | 268,985 | 211,158 | 285,637 | 434,858 | 339,837 |
| other current liabilities | 0 | 0 | 0 | 10,151 | 14,416 | 169,118 | 245,448 | 335,062 | 307,976 | 260,316 | 213,443 | 220,717 | 304,314 | 286,906 | 359,080 |
| total current liabilities | 144,381 | 142,605 | 178,905 | 479,798 | 243,184 | 1,823,204 | 1,818,676 | 1,931,952 | 1,689,685 | 1,789,963 | 1,497,508 | 1,514,531 | 2,147,385 | 2,088,879 | 2,059,145 |
| loans | 0 | 0 | 0 | 0 | 279,489 | 323,406 | 370,651 | 415,796 | 457,778 | 500,256 | 541,830 | 582,592 | 622,689 | 682,910 | 717,299 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 498,741 | 333,329 | 283,886 | 340,674 | 398,295 | 328,141 | 182,090 | 101,829 | 373,401 | 324,369 |
| 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 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 80,936 | 71,808 | 71,096 | 82,272 | 54,581 | 23,322 | 0 | 0 | 24,878 | 25,524 |
| total long term liabilities | 0 | 0 | 0 | 0 | 279,489 | 903,083 | 775,788 | 770,778 | 880,724 | 953,132 | 893,293 | 764,682 | 724,518 | 1,081,189 | 1,067,192 |
| total liabilities | 144,381 | 142,605 | 178,905 | 479,798 | 522,673 | 2,726,287 | 2,594,464 | 2,702,730 | 2,570,409 | 2,743,095 | 2,390,801 | 2,279,213 | 2,871,903 | 3,170,068 | 3,126,337 |
| net assets | 892,696 | 892,696 | 892,712 | 890,669 | 930,884 | 2,217,661 | 2,044,147 | 1,987,082 | 1,919,784 | 1,811,858 | 1,687,096 | 1,551,018 | 1,477,791 | 1,372,938 | 1,192,992 |
| total shareholders funds | 892,696 | 892,696 | 892,712 | 890,669 | 930,884 | 2,217,661 | 2,044,147 | 1,987,082 | 1,919,784 | 1,811,858 | 1,687,096 | 1,551,018 | 1,477,791 | 1,372,938 | 1,192,992 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 181,960 | 204,084 | 192,021 | 122,054 | 184,873 | 283,583 | 436,061 | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 420,831 | 278,197 | 427,822 | 370,609 | 365,773 | 329,671 | 390,589 | 386,623 | 471,170 | 403,720 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -27,691 | -31,259 | -25,481 | -19,659 | -34,625 | -39,242 | -75,466 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,776 | -36,200 | 1,057,205 | 14,040 | -1,533,866 | 40,309 | -43,508 | 38,744 | -11,924 | 164,767 | -12,906 | -404,001 | 47,833 | -77,404 | 1,792,001 |
| Creditors | 1,776 | -36,300 | 171,285 | 7,620 | -1,047,008 | -59,377 | -27,009 | 255,519 | -37,919 | -25,012 | -76,708 | -261,297 | 62,713 | -69,966 | 1,286,064 |
| Accruals and Deferred Income | 0 | 0 | -10,151 | -4,265 | -154,702 | -76,330 | -89,614 | 27,086 | 47,660 | 46,873 | -7,274 | -83,597 | 17,408 | -72,174 | 359,080 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -80,936 | 9,128 | 712 | -11,176 | 27,691 | 31,259 | 23,322 | 0 | -24,878 | -646 | 25,524 |
| Cash flow from operations | 574,234 | 426,951 | 448,457 | 552,091 | 544,281 | 650,129 | 642,982 | ||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -450,717 | -523,777 | 69,217 | 149,992 | 381 | -640,401 | -338,496 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -450,717 | -523,777 | 69,217 | 149,992 | 381 | -640,401 | -338,496 | ||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | -45,404 | 1,401 | 44,003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -183,375 | 0 | 183,375 | 0 | 0 | 0 | 0 | 0 | 0 | -115,000 | 115,000 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -42,083 | 0 | 833 | 815 | 799 | 787 | 21,768 | -3,306 | 20,387 |
| Long term loans | 0 | 0 | 0 | -279,489 | -43,917 | -47,245 | -45,145 | -41,982 | -42,478 | -41,574 | -40,762 | -40,097 | -60,221 | -34,389 | 717,299 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | -1,006,917 | 321,380 | 49,097 | -151,446 | -39,231 | 229,991 | 203,878 | 5,782 | -420,793 | 144,053 | 664,206 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -46,343 | -48,063 | -30,461 | -29,169 | -45,395 | -64,395 | -75,888 | ||||||||
| cash flow from financing | -127,219 | 141,169 | 133,453 | -177,696 | -389,641 | 41,963 | 2,234,289 | ||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | -116 | -9,891 | -97,130 | -538,848 | -23,634 | -3,142 | 274,676 | -149,944 | 45,366 | 77,601 | -46,667 | 125,859 | 80,267 | 265,714 |
| overdraft | 0 | 0 | -278,652 | 233,259 | -8,105 | -17,134 | 1,773 | 54,320 | -129,242 | 109,942 | 8,333 | -99,268 | -9,162 | 80,159 | 53,777 |
| change in cash | 0 | -116 | 268,761 | -330,389 | -530,743 | -6,500 | -4,915 | 220,356 | -20,702 | -64,576 | 69,268 | 52,601 | 135,021 | 108 | 211,937 |
armoric freight international (holdings) limited Credit Report and Business Information
Armoric Freight International (holdings) Limited Competitor Analysis
Perform a competitor analysis for armoric freight international (holdings) limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in PL7 area or any other competitors across 12 key performance metrics.
armoric freight international (holdings) limited Ownership
ARMORIC FREIGHT INTERNATIONAL (HOLDINGS) LIMITED group structure
Armoric Freight International (Holdings) Limited has 1 subsidiary company.
Ultimate parent company
2 parents
ARMORIC FREIGHT INTERNATIONAL (HOLDINGS) LIMITED
05700008
1 subsidiary
armoric freight international (holdings) limited directors
Armoric Freight International (Holdings) Limited currently has 2 directors. The longest serving directors include Mr Kevin Willcock (Feb 2022) and Ms Katherine Lewis (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Willcock | England | 51 years | Feb 2022 | - | Director |
| Ms Katherine Lewis | England | 51 years | Feb 2022 | - | Director |
P&L
September 2023turnover
2.7m
+10%
operating profit
-5.8
0%
gross margin
14.6%
+1.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
892.7k
0%
total assets
1m
0%
cash
111
0%
net assets
Total assets minus all liabilities
armoric freight international (holdings) limited company details
company number
05700008
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
February 2006
age
18
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2023
previous names
N/A
accountant
MARK HOLT & CO LIMITED
auditor
-
address
14 barn close, langage industrial estate, plympton, devon, PL7 5HQ
Bank
-
Legal Advisor
-
armoric freight international (holdings) 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 armoric freight international (holdings) limited. Currently there are 1 open charges and 2 have been satisfied in the past.
armoric freight international (holdings) limited Companies House Filings - See Documents
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