a. f. b. logistics limited

a. f. b. logistics limited Company Information

Share A. F. B. LOGISTICS LIMITED
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EstablishedMidHealthy

Company Number

06031201

Industry

Freight transport by road

 

Directors

Joanne Best

Bradley Best

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Shareholders

a & j best holdings ltd

Group Structure

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Contact

Registered Address

units 1 b c & d, hemfield business park makerfiel, ince, wigan, WN2 2PR

a. f. b. logistics limited Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of A. F. B. LOGISTICS LIMITED at £3.7m based on a Turnover of £7.4m and 0.51x industry multiple (adjusted for size and gross margin).

a. f. b. logistics limited Estimated Valuation

£281.9k

Pomanda estimates the enterprise value of A. F. B. LOGISTICS LIMITED at £281.9k based on an EBITDA of £78.6k and a 3.59x industry multiple (adjusted for size and gross margin).

a. f. b. logistics limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of A. F. B. LOGISTICS LIMITED at £1.5m based on Net Assets of £566.3k and 2.66x industry multiple (adjusted for liquidity).

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A. F. B. Logistics Limited Overview

A. F. B. Logistics Limited is a live company located in ince, WN2 2PR with a Companies House number of 06031201. It operates in the freight transport by road sector, SIC Code 49410. Founded in December 2006, it's largest shareholder is a & j best holdings ltd with a 100% stake. A. F. B. Logistics Limited is a established, mid sized company, Pomanda has estimated its turnover at £7.4m with healthy growth in recent years.

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A. F. B. Logistics Limited Health Check

Pomanda's financial health check has awarded A. F. B. Logistics Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £7.4m, make it in line with the average company (£9m)

£7.4m - A. F. B. Logistics Limited

£9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9.1%)

10% - A. F. B. Logistics Limited

9.1% - Industry AVG

production

Production

with a gross margin of 14.7%, this company has a higher cost of product (22.8%)

14.7% - A. F. B. Logistics Limited

22.8% - Industry AVG

profitability

Profitability

an operating margin of 0.7% make it less profitable than the average company (4.9%)

0.7% - A. F. B. Logistics Limited

4.9% - Industry AVG

employees

Employees

with 30 employees, this is below the industry average (59)

30 - A. F. B. Logistics Limited

59 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)

£40.9k - A. F. B. Logistics Limited

£40.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £245.1k, this is more efficient (£132.5k)

£245.1k - A. F. B. Logistics Limited

£132.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 84 days, this is later than average (52 days)

84 days - A. F. B. Logistics Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 82 days, this is slower than average (31 days)

82 days - A. F. B. Logistics Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - A. F. B. Logistics Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (13 weeks)

6 weeks - A. F. B. Logistics Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 71.5%, this is a higher level of debt than the average (59.2%)

71.5% - A. F. B. Logistics Limited

59.2% - Industry AVG

A. F. B. LOGISTICS LIMITED financials

EXPORTms excel logo

A. F. B. Logistics Limited's latest turnover from June 2024 is estimated at £7.4 million and the company has net assets of £566.3 thousand. According to their latest financial statements, A. F. B. Logistics Limited has 30 employees and maintains cash reserves of £186.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Dec 2009
Turnover7,352,7766,764,3106,237,9695,483,7415,916,3916,762,7486,377,6134,595,3843,384,9732,949,4892,701,3292,135,2201,420,3091,383,3080
Other Income Or Grants000000000000000
Cost Of Sales6,270,3335,781,4305,337,2694,743,4905,123,7125,876,0135,537,1683,956,6112,906,9652,552,1332,363,3651,880,7291,247,0461,201,7590
Gross Profit1,082,444982,880900,700740,251792,679886,735840,445638,773478,008397,355337,963254,491173,264181,5490
Admin Expenses1,032,485934,221986,185681,364835,802951,027910,408507,618277,94191,453220,074256,802159,37184,3890
Operating Profit49,95948,659-85,48558,887-43,123-64,292-69,963131,155200,067305,902117,889-2,31113,89397,1600
Interest Payable000000000000000
Interest Receivable9,6506,9251,7522393613,0151,3926721,9081,078762905722940
Pre-Tax Profit59,60955,584-83,73359,126-42,762-61,277-68,571131,827201,975306,980117,965-2,02114,46497,4540
Tax-14,902-13,8960-11,234000-25,047-40,395-61,396-24,7730-3,471-25,3380
Profit After Tax44,70741,688-83,73347,892-42,762-61,277-68,571106,780161,580245,58493,192-2,02110,99372,1160
Dividends Paid000000000000000
Retained Profit44,70741,688-83,73347,892-42,762-61,277-68,571106,780161,580245,58493,192-2,02110,99372,1160
Employee Costs1,225,8701,425,7761,320,6981,248,5611,199,3501,358,8591,213,462418,540536,160495,769478,322357,426263,142230,3000
Number Of Employees303635363540371317161612980
EBITDA*78,59986,641-38,023118,09623,287-5,849-34,232146,521205,828333,702146,73516,80036,566105,3730

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Dec 2009
Tangible Assets91,862108,234142,372177,608208,378188,576104,47869,22016,38655,38571,77549,62168,01930,9370
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets91,862108,234142,372177,608208,378188,576104,47869,22016,38655,38571,77549,62168,01930,9370
Stock & work in progress000000000000000
Trade Debtors1,711,2731,503,7111,508,3881,332,6351,249,5101,452,5111,499,0271,349,247730,290550,294563,462434,464253,894239,5510
Group Debtors000000000000000
Misc Debtors000000000000020,3630
Cash186,425181,19995,813184,557294,231427,427376,444180,358357,088406,06425,1435,105110,982117,7410
misc current assets000000000000000
total current assets1,897,6981,684,9101,604,2011,517,1921,543,7411,879,9381,875,4711,529,6051,087,378956,358588,605439,569364,876377,6550
total assets1,989,5601,793,1441,746,5731,694,8001,752,1192,068,5141,979,9491,598,8251,103,7641,011,743660,380489,190432,895408,5920
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1,423,2521,271,5431,266,6601,131,1541,236,3651,509,9981,360,156910,461522,180588,439461,159387,210316,443336,4740
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities1,423,2521,271,5431,266,6601,131,1541,236,3651,509,9981,360,156910,461522,180588,439461,159387,210316,443336,4740
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities0000000003,30024,80120,75233,20300
provisions000000000000000
total long term liabilities0000000003,30024,80120,75233,20300
total liabilities1,423,2521,271,5431,266,6601,131,1541,236,3651,509,9981,360,156910,461522,180591,739485,960407,962349,646336,4740
net assets566,308521,601479,913563,646515,754558,516619,793688,364581,584420,004174,42081,22883,24972,1180
total shareholders funds566,308521,601479,913563,646515,754558,516619,793688,364581,584420,004174,42081,22883,24972,1180
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Dec 2009
Operating Activities
Operating Profit49,95948,659-85,48558,887-43,123-64,292-69,963131,155200,067305,902117,889-2,31113,89397,1600
Depreciation28,64037,98247,46259,20966,41058,44335,73115,3665,76127,80028,84619,11122,6738,2130
Amortisation000000000000000
Tax-14,902-13,8960-11,234000-25,047-40,395-61,396-24,7730-3,471-25,3380
Stock000000000000000
Debtors207,562-4,677175,75383,125-203,001-46,516149,780618,957179,996-13,168128,998180,570-6,020259,9140
Creditors151,7094,883135,506-105,211-273,633149,842449,695388,281-66,259127,28073,94970,767-20,031336,4740
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations7,84482,305-78,270-81,474-47,345190,509265,683-109,202-80,822412,75466,913-93,00319,084156,5950
Investing Activities
capital expenditure-12,268-3,844-12,226-28,439-86,212-142,541-70,989-68,20033,238-11,410-51,000-713-59,755-39,1500
Change in Investments000000000000000
cash flow from investments-12,268-3,844-12,226-28,439-86,212-142,541-70,989-68,20033,238-11,410-51,000-713-59,755-39,1500
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000000-3,300-21,5014,049-12,45133,20300
share issue00000000000013820
interest9,6506,9251,7522393613,0151,3926721,9081,078762905722940
cash flow from financing9,6506,9251,7522393613,0151,392672-1,392-20,4234,125-12,16133,9132960
cash and cash equivalents
cash5,22685,386-88,744-109,674-133,19650,983196,086-176,730-48,976380,92120,038-105,877-6,759117,7410
overdraft000000000000000
change in cash5,22685,386-88,744-109,674-133,19650,983196,086-176,730-48,976380,92120,038-105,877-6,759117,7410

a. f. b. logistics 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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A. F. B. Logistics Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for a. f. b. logistics limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in WN2 area or any other competitors across 12 key performance metrics.

a. f. b. logistics limited Ownership

A. F. B. LOGISTICS LIMITED group structure

A. F. B. Logistics Limited has no subsidiary companies.

Ultimate parent company

1 parent

A. F. B. LOGISTICS LIMITED

06031201

A. F. B. LOGISTICS LIMITED Shareholders

a & j best holdings ltd 100%

a. f. b. logistics limited directors

A. F. B. Logistics Limited currently has 3 directors. The longest serving directors include Mrs Joanne Best (Jul 2007) and Mr Bradley Best (May 2010).

officercountryagestartendrole
Mrs Joanne Best54 years Jul 2007- Director
Mr Bradley Best35 years May 2010- Director
Mr Andrew Best61 years Jan 2015- Director

P&L

June 2024

turnover

7.4m

+9%

operating profit

50k

0%

gross margin

14.8%

+1.32%

turnover

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

Balance Sheet

June 2024

net assets

566.3k

+0.09%

total assets

2m

+0.11%

cash

186.4k

+0.03%

net assets

Total assets minus all liabilities

a. f. b. logistics limited company details

company number

06031201

Type

Private limited with Share Capital

industry

49410 - Freight transport by road

incorporation date

December 2006

age

19

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

June 2024

previous names

N/A

accountant

ADVANCE CHARTERED ACCOUNTANTS

auditor

-

address

units 1 b c & d, hemfield business park makerfiel, ince, wigan, WN2 2PR

Bank

-

Legal Advisor

-

a. f. b. logistics 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 4 charges/mortgages relating to a. f. b. logistics limited. Currently there are 4 open charges and 0 have been satisfied in the past.

a. f. b. logistics 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 A. F. B. LOGISTICS LIMITED. This can take several minutes, an email will notify you when this has completed.

a. f. b. logistics limited Companies House Filings - See Documents

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