Global Freight Systems Limited

POWER SEARCH PRICING

SOLUTIONS

global freight systems limited Company Information

Live

EstablishedSmallDeclining

Company Number

05855839

Website

http://gfsbiz.com

Registered Address

c/o a k s advisers, 14-15 lower grosvenor place, london, SW1W 0EX

Industry

Other transportation support activities

Telephone

02088972118

Next Accounts Due

July 2024

Group Structure

View All

Directors

Jasminder Tiwana17 Years

Shareholders

global freight holdings limited 60%

woxiang investment limited 40%

global freight systems limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of GLOBAL FREIGHT SYSTEMS LIMITED at £2m based on a Turnover of £4m and 0.5x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Global Freight Systems Limited is a live company located in london, SW1W 0EX with a Companies House number of 05855839. It operates in the other transportation support activities sector, SIC Code 52290. Founded in June 2006, it's largest shareholder is global freight holdings limited with a 60% stake. Global Freight Systems Limited is a established, small sized company, Pomanda has estimated its turnover at £4m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Global Freight Systems 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

Health Rating1.5out of 5

1 Strong

3 Regular

7 Weak

Size

annual sales of £4m, make it smaller than the average company (£7.9m)

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (5.8%)

EXPORT

Global Freight Systems Limited's latest turnover from October 2022 is estimated at £4 million and the company has net assets of £309.9 thousand. According to their latest financial statements, Global Freight Systems Limited has 24 employees and maintains cash reserves of £398.2 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Turnover	4,009,468	5,331,897	7,793,163	6,395,265	6,981,203	4,805,962	4,319,356	4,314,194	5,869,723	5,717,879	4,189,469	3,009,160	1,880,787	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,087,527	4,131,039	5,952,291	4,892,286	5,338,583	3,537,053	3,362,987	3,303,503	4,604,584	4,482,610	3,277,507	2,370,617	1,462,196	0
Gross Profit	921,942	1,200,858	1,840,872	1,502,979	1,642,619	1,268,909	956,369	1,010,691	1,265,139	1,235,269	911,961	638,542	418,591	0
Admin Expenses	878,367	1,506,953	1,745,730	1,320,815	1,817,180	1,223,939	926,203	964,571	1,141,424	1,072,919	836,438	541,068	357,396	-99,529
Operating Profit	43,575	-306,095	95,142	182,164	-174,561	44,970	30,166	46,120	123,715	162,350	75,523	97,474	61,195	99,529
Interest Payable	8,075	3,014	2,974	7,257	7,390	35,298	884	498	0	0	0	0	0	0
Interest Receivable	10,317	449	216	393	311	104	47	0	693	776	805	515	304	157
Pre-Tax Profit	45,817	-308,660	92,384	175,300	-181,640	9,776	29,329	45,622	124,408	163,126	76,328	97,989	61,499	99,686
Tax	-8,705	0	-17,553	-33,307	0	-3,864	-7,866	-17,251	-26,126	-37,519	-18,319	-25,477	-17,220	-27,912
Profit After Tax	37,112	-308,660	74,831	141,993	-181,640	5,912	21,463	28,371	98,282	125,607	58,009	72,512	44,279	71,774
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	37,112	-308,660	74,831	141,993	-181,640	5,912	21,463	28,371	98,282	125,607	58,009	72,512	44,279	71,774
Employee Costs	1,009,789	1,856,333	1,337,466	1,053,835	954,280	801,611	667,751	640,906	891,121	916,206	669,265	446,668	338,530	0
Number Of Employees	24	48	35	28	25	21	18	18	25	26	19	13	10	0
EBITDA*	88,736	-287,684	110,969	183,152	-173,522	53,413	40,628	76,251	141,755	170,995	79,079	102,217	74,846	108,313

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Tangible Assets	102,857	37,793	45,873	1,610	2,598	417	8,860	18,592	48,723	25,906	10,671	14,227	18,969	12,974
Intangible Assets	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
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	102,857	37,793	45,873	1,610	2,598	417	8,860	18,592	48,723	25,906	10,671	14,227	18,969	12,974
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	482,909	434,534	1,203,906	1,072,254	1,405,713	1,486,779	941,006	635,366	930,039	873,452	646,964	471,465	338,928	396,612
Group Debtors	11,780	322,400	215,432	210,789	110,145	0	0	0	0	0	0	0	0	0
Misc Debtors	994,767	947,311	833,035	157,160	58,201	184,290	322,701	21,633	0	0	0	0	0	0
Cash	398,223	518,833	379,847	52,360	52,426	30,481	21,798	105,979	141,516	135,709	174,650	147,218	58,868	62,692
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,887,679	2,223,078	2,632,220	1,492,563	1,626,485	1,701,550	1,285,505	762,978	1,071,555	1,009,161	821,614	618,683	397,796	459,304
total assets	1,990,536	2,260,871	2,678,093	1,494,173	1,629,083	1,701,967	1,294,365	781,570	1,120,278	1,035,067	832,285	632,910	416,765	472,278
Bank overdraft	64,801	52,614	2,045	95,472	119,549	99,406	104,920	45,163	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	545,143	968,437	996,209	702,390	665,662	646,269	279,073	111,510	629,715	642,786	565,611	424,245	221,112	320,404
Group/Directors Accounts	0	0	25,839	40,874	0	27,485	20,000	20,000	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	5,541	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	960,533	922,819	1,072,507	141,275	242,870	343,498	349,975	85,963	0	0	0	0	0	0
total current liabilities	1,576,018	1,943,870	2,096,600	980,011	1,028,081	1,116,658	753,968	262,636	629,715	642,786	565,611	424,245	221,112	320,404
loans	34,168	44,168	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	70,405	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
other liabilities	0	0	0	7,500	76,333	39,000	0	0	0	0	0	0	59,500	60,000
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	104,573	44,168	0	7,500	76,333	39,000	0	0	0	0	0	0	59,500	60,000
total liabilities	1,680,591	1,988,038	2,096,600	987,511	1,104,414	1,155,658	753,968	262,636	629,715	642,786	565,611	424,245	280,612	380,404
net assets	309,945	272,833	581,493	506,662	524,669	546,309	540,397	518,934	490,563	392,281	266,674	208,665	136,153	91,874
total shareholders funds	309,945	272,833	581,493	506,662	524,669	546,309	540,397	518,934	490,563	392,281	266,674	208,665	136,153	91,874

	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Operating Activities
Operating Profit	43,575	-306,095	95,142	182,164	-174,561	44,970	30,166	46,120	123,715	162,350	75,523	97,474	61,195	99,529
Depreciation	45,161	18,411	15,827	988	1,039	8,443	10,462	30,131	18,040	8,645	3,556	4,743	13,651	8,784
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-8,705	0	-17,553	-33,307	0	-3,864	-7,866	-17,251	-26,126	-37,519	-18,319	-25,477	-17,220	-27,912
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-214,789	-548,128	812,170	-133,856	-97,010	407,362	606,708	-273,040	56,587	226,488	175,499	132,537	-57,684	396,612
Creditors	-423,294	-27,772	293,819	36,728	19,393	367,196	167,563	-518,205	-13,071	77,175	141,366	203,133	-99,292	320,404
Accruals and Deferred Income	37,714	-149,688	931,232	-101,595	-100,628	-6,477	264,012	85,963	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-90,760	82,984	506,297	218,834	-157,747	2,906	-142,371	-100,202	45,971	-15,837	26,627	147,336	16,018	4,193
Investing Activities
capital expenditure	-110,225	-10,331	-60,090	0	-3,220	0	-730	0	-40,857	-23,880	0	-1	-19,646	-21,758
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-110,225	-10,331	-60,090	0	-3,220	0	-730	0	-40,857	-23,880	0	-1	-19,646	-21,758
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	-25,839	-15,035	40,874	-27,485	7,485	0	20,000	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-10,000	44,168	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	75,946	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	-7,500	-68,833	37,333	39,000	0	0	0	0	0	-59,500	-500	60,000
share issue	0	0	0	-160,000	160,000	0	0	0	0	0	0	0	0	20,100
interest	2,242	-2,565	-2,758	-6,864	-7,079	-35,194	-837	-498	693	776	805	515	304	157
cash flow from financing	68,188	15,764	-25,293	-194,823	162,769	11,291	-837	19,502	693	776	805	-58,985	-196	80,257
cash and cash equivalents
cash	-120,610	138,986	327,487	-66	21,945	8,683	-84,181	-35,537	5,807	-38,941	27,432	88,350	-3,824	62,692
overdraft	12,187	50,569	-93,427	-24,077	20,143	-5,514	59,757	45,163	0	0	0	0	0	0
change in cash	-132,797	88,417	420,914	24,011	1,802	14,197	-143,938	-80,700	5,807	-38,941	27,432	88,350	-3,824	62,692

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for global freight systems limited. Get real-time insights into global freight systems limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for global freight systems limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

GLOBAL FREIGHT SYSTEMS LIMITED group structure

Global Freight Systems Limited has no subsidiary companies.

Ultimate parent company

GLOBAL FREIGHT HOLDINGS LIMITED

09736751

1 parent

GLOBAL FREIGHT SYSTEMS LIMITED

05855839

GLOBAL FREIGHT SYSTEMS LIMITED Shareholders

global freight holdings limited	60%
woxiang investment limited	40%

Global Freight Systems Limited currently has 1 director, Ms Jasminder Tiwana serving since Oct 2006.

officer	country	age	start	end	role
Ms Jasminder Tiwana	England	53 years	Oct 2006	-	Director

P&L

October 2022

turnover

-25%

operating profit

43.6k

gross margin

23%

+2.1%

turnover

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

Balance Sheet

October 2022

net assets

309.9k

+0.14%

total assets

-0.12%

cash

398.2k

-0.23%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

strategic shipping company limited

4.5

chain supply management and logistics limited

1.5

sea, air & land forwarding limited

worldwide freight logistics limited

aviation communication uk limited

company number

05855839

Type

Private limited with Share Capital

industry

52290 - Other transportation support activities

incorporation date

June 2006

age

accounts

Total Exemption Full

ultimate parent company

GLOBAL FREIGHT HOLDINGS LIMITED

previous names

N/A

incorporated

address

c/o a k s advisers, 14-15 lower grosvenor place, london, SW1W 0EX

last accounts submitted

October 2022

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 5 charges/mortgages relating to global freight systems limited. Currently there are 5 open charges and 0 have been satisfied in the past.

global freight systems limited Company Information

global freight systems limited Estimated Valuation

global freight systems limited Estimated Valuation

global freight systems limited Estimated Valuation

Global Freight Systems Limited Overview

Global Freight Systems Limited Health Check

GLOBAL FREIGHT SYSTEMS LIMITED financials

global freight systems limited Credit Report and Business Information

Global Freight Systems Limited Competitor Analysis

global freight systems limited Ownership

global freight systems limited directors

global freight systems limited company details

global freight systems limited Charges & Mortgages

global freight systems limited Companies House Filings - See Documents