global freight systems limited

1.5

global freight systems limited Company Information

Share GLOBAL FREIGHT SYSTEMS LIMITED
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EstablishedSmallDeclining

Company Number

05855839

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

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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).

global freight systems limited Estimated Valuation

£246.4k

Pomanda estimates the enterprise value of GLOBAL FREIGHT SYSTEMS LIMITED at £246.4k based on an EBITDA of £88.7k and a 2.78x industry multiple (adjusted for size and gross margin).

global freight systems limited Estimated Valuation

£535.6k

Pomanda estimates the enterprise value of GLOBAL FREIGHT SYSTEMS LIMITED at £535.6k based on Net Assets of £309.9k and 1.73x industry multiple (adjusted for liquidity).

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Global Freight Systems Limited Overview

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.

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Global Freight Systems Limited Health 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 Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

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

£4m - Global Freight Systems Limited

£7.9m - Industry AVG

growth

Growth

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

-14% - Global Freight Systems Limited

5.8% - Industry AVG

production

Production

with a gross margin of 23%, this company has a comparable cost of product (23%)

23% - Global Freight Systems Limited

23% - Industry AVG

profitability

Profitability

an operating margin of 1.1% make it less profitable than the average company (5.1%)

1.1% - Global Freight Systems Limited

5.1% - Industry AVG

employees

Employees

with 24 employees, this is below the industry average (41)

24 - Global Freight Systems Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.1k, the company has an equivalent pay structure (£42.1k)

£42.1k - Global Freight Systems Limited

£42.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £167.1k, this is less efficient (£222.8k)

£167.1k - Global Freight Systems Limited

£222.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 43 days, this is near the average (51 days)

43 days - Global Freight Systems Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 64 days, this is slower than average (40 days)

64 days - Global Freight Systems Limited

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Global Freight Systems Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (17 weeks)

13 weeks - Global Freight Systems Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 84.4%, this is a higher level of debt than the average (66.4%)

84.4% - Global Freight Systems Limited

66.4% - Industry AVG

GLOBAL FREIGHT SYSTEMS LIMITED financials

EXPORTms excel logo

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 HousePomanda Estimates

Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover4,009,4685,331,8977,793,1636,395,2656,981,2034,805,9624,319,3564,314,1945,869,7235,717,8794,189,4693,009,1601,880,7870
Other Income Or Grants00000000000000
Cost Of Sales3,087,5274,131,0395,952,2914,892,2865,338,5833,537,0533,362,9873,303,5034,604,5844,482,6103,277,5072,370,6171,462,1960
Gross Profit921,9421,200,8581,840,8721,502,9791,642,6191,268,909956,3691,010,6911,265,1391,235,269911,961638,542418,5910
Admin Expenses878,3671,506,9531,745,7301,320,8151,817,1801,223,939926,203964,5711,141,4241,072,919836,438541,068357,396-99,529
Operating Profit43,575-306,09595,142182,164-174,56144,97030,16646,120123,715162,35075,52397,47461,19599,529
Interest Payable8,0753,0142,9747,2577,39035,298884498000000
Interest Receivable10,317449216393311104470693776805515304157
Pre-Tax Profit45,817-308,66092,384175,300-181,6409,77629,32945,622124,408163,12676,32897,98961,49999,686
Tax-8,7050-17,553-33,3070-3,864-7,866-17,251-26,126-37,519-18,319-25,477-17,220-27,912
Profit After Tax37,112-308,66074,831141,993-181,6405,91221,46328,37198,282125,60758,00972,51244,27971,774
Dividends Paid00000000000000
Retained Profit37,112-308,66074,831141,993-181,6405,91221,46328,37198,282125,60758,00972,51244,27971,774
Employee Costs1,009,7891,856,3331,337,4661,053,835954,280801,611667,751640,906891,121916,206669,265446,668338,5300
Number Of Employees244835282521181825261913100
EBITDA*88,736-287,684110,969183,152-173,52253,41340,62876,251141,755170,99579,079102,21774,846108,313

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets102,85737,79345,8731,6102,5984178,86018,59248,72325,90610,67114,22718,96912,974
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets102,85737,79345,8731,6102,5984178,86018,59248,72325,90610,67114,22718,96912,974
Stock & work in progress00000000000000
Trade Debtors482,909434,5341,203,9061,072,2541,405,7131,486,779941,006635,366930,039873,452646,964471,465338,928396,612
Group Debtors11,780322,400215,432210,789110,145000000000
Misc Debtors994,767947,311833,035157,16058,201184,290322,70121,633000000
Cash398,223518,833379,84752,36052,42630,48121,798105,979141,516135,709174,650147,21858,86862,692
misc current assets00000000000000
total current assets1,887,6792,223,0782,632,2201,492,5631,626,4851,701,5501,285,505762,9781,071,5551,009,161821,614618,683397,796459,304
total assets1,990,5362,260,8712,678,0931,494,1731,629,0831,701,9671,294,365781,5701,120,2781,035,067832,285632,910416,765472,278
Bank overdraft64,80152,6142,04595,472119,54999,406104,92045,163000000
Bank loan00000000000000
Trade Creditors 545,143968,437996,209702,390665,662646,269279,073111,510629,715642,786565,611424,245221,112320,404
Group/Directors Accounts0025,83940,874027,48520,00020,000000000
other short term finances00000000000000
hp & lease commitments5,5410000000000000
other current liabilities960,533922,8191,072,507141,275242,870343,498349,97585,963000000
total current liabilities1,576,0181,943,8702,096,600980,0111,028,0811,116,658753,968262,636629,715642,786565,611424,245221,112320,404
loans34,16844,168000000000000
hp & lease commitments70,4050000000000000
Accruals and Deferred Income00000000000000
other liabilities0007,50076,33339,00000000059,50060,000
provisions00000000000000
total long term liabilities104,57344,16807,50076,33339,00000000059,50060,000
total liabilities1,680,5911,988,0382,096,600987,5111,104,4141,155,658753,968262,636629,715642,786565,611424,245280,612380,404
net assets309,945272,833581,493506,662524,669546,309540,397518,934490,563392,281266,674208,665136,15391,874
total shareholders funds309,945272,833581,493506,662524,669546,309540,397518,934490,563392,281266,674208,665136,15391,874
Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit43,575-306,09595,142182,164-174,56144,97030,16646,120123,715162,35075,52397,47461,19599,529
Depreciation45,16118,41115,8279881,0398,44310,46230,13118,0408,6453,5564,74313,6518,784
Amortisation00000000000000
Tax-8,7050-17,553-33,3070-3,864-7,866-17,251-26,126-37,519-18,319-25,477-17,220-27,912
Stock00000000000000
Debtors-214,789-548,128812,170-133,856-97,010407,362606,708-273,04056,587226,488175,499132,537-57,684396,612
Creditors-423,294-27,772293,81936,72819,393367,196167,563-518,205-13,07177,175141,366203,133-99,292320,404
Accruals and Deferred Income37,714-149,688931,232-101,595-100,628-6,477264,01285,963000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-90,76082,984506,297218,834-157,7472,906-142,371-100,20245,971-15,83726,627147,33616,0184,193
Investing Activities
capital expenditure-110,225-10,331-60,0900-3,2200-7300-40,857-23,8800-1-19,646-21,758
Change in Investments00000000000000
cash flow from investments-110,225-10,331-60,0900-3,2200-7300-40,857-23,8800-1-19,646-21,758
Financing Activities
Bank loans00000000000000
Group/Directors Accounts0-25,839-15,03540,874-27,4857,485020,000000000
Other Short Term Loans 00000000000000
Long term loans-10,00044,168000000000000
Hire Purchase and Lease Commitments75,9460000000000000
other long term liabilities00-7,500-68,83337,33339,00000000-59,500-50060,000
share issue000-160,000160,0000000000020,100
interest2,242-2,565-2,758-6,864-7,079-35,194-837-498693776805515304157
cash flow from financing68,18815,764-25,293-194,823162,76911,291-83719,502693776805-58,985-19680,257
cash and cash equivalents
cash-120,610138,986327,487-6621,9458,683-84,181-35,5375,807-38,94127,43288,350-3,82462,692
overdraft12,18750,569-93,427-24,07720,143-5,51459,75745,163000000
change in cash-132,79788,417420,91424,0111,80214,197-143,938-80,7005,807-38,94127,43288,350-3,82462,692

global freight systems limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Global Freight Systems Limited Competitor Analysis

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global freight systems limited Ownership

GLOBAL FREIGHT SYSTEMS LIMITED group structure

Global Freight Systems Limited has no subsidiary companies.

Ultimate parent company

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 directors

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

officercountryagestartendrole
Ms Jasminder TiwanaEngland53 years Oct 2006- Director

P&L

October 2022

turnover

4m

-25%

operating profit

43.6k

0%

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

2m

-0.12%

cash

398.2k

-0.23%

net assets

Total assets minus all liabilities

global freight systems limited company details

company number

05855839

Type

Private limited with Share Capital

industry

52290 - Other transportation support activities

incorporation date

June 2006

age

18

accounts

Total Exemption Full

ultimate parent company

previous names

N/A

incorporated

UK

address

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

last accounts submitted

October 2022

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

charges

global freight systems limited Companies House Filings - See Documents

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