index courier network limited

1.5

index courier network limited Company Information

Share INDEX COURIER NETWORK LIMITED
Live 
EstablishedMicroDeclining

Company Number

07837055

Registered Address

3 grazewood close, willenhall, wv125ux, WV12 5UX

Industry

Licensed Carriers

 

Telephone

-

Next Accounts Due

August 2025

Group Structure

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Directors

Craig Davies12 Years

Shareholders

jaqueline davies 33.4%

lisa lord 33.3%

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index courier network limited Estimated Valuation

£12.2k

Pomanda estimates the enterprise value of INDEX COURIER NETWORK LIMITED at £12.2k based on a Turnover of £43.4k and 0.28x industry multiple (adjusted for size and gross margin).

index courier network limited Estimated Valuation

£0

Pomanda estimates the enterprise value of INDEX COURIER NETWORK LIMITED at £0 based on an EBITDA of £-634 and a 2.02x industry multiple (adjusted for size and gross margin).

index courier network limited Estimated Valuation

£0

Pomanda estimates the enterprise value of INDEX COURIER NETWORK LIMITED at £0 based on Net Assets of £-19.4k and 2.93x industry multiple (adjusted for liquidity).

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Index Courier Network Limited Overview

Index Courier Network Limited is a live company located in wv125ux, WV12 5UX with a Companies House number of 07837055. It operates in the other postal and courier activities sector, SIC Code 53201. Founded in November 2011, it's largest shareholder is jaqueline davies with a 33.4% stake. Index Courier Network Limited is a established, micro sized company, Pomanda has estimated its turnover at £43.4k with declining growth in recent years.

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Index Courier Network Limited Health Check

Pomanda's financial health check has awarded Index Courier Network Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £43.4k, make it smaller than the average company (£1.6m)

£43.4k - Index Courier Network Limited

£1.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (6.9%)

-7% - Index Courier Network Limited

6.9% - Industry AVG

production

Production

with a gross margin of 13.6%, this company has a higher cost of product (19.3%)

13.6% - Index Courier Network Limited

19.3% - Industry AVG

profitability

Profitability

an operating margin of -1.5% make it less profitable than the average company (2.3%)

-1.5% - Index Courier Network Limited

2.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (8)

1 - Index Courier Network Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)

£34.6k - Index Courier Network Limited

£34.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £43.4k, this is less efficient (£157k)

£43.4k - Index Courier Network Limited

£157k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (34 days)

3 days - Index Courier Network Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 186 days, this is slower than average (35 days)

186 days - Index Courier Network Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Index Courier Network Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Index Courier Network Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1060.2%, this is a higher level of debt than the average (72.2%)

1060.2% - Index Courier Network Limited

72.2% - Industry AVG

INDEX COURIER NETWORK LIMITED financials

EXPORTms excel logo

Index Courier Network Limited's latest turnover from November 2023 is estimated at £43.4 thousand and the company has net assets of -£19.4 thousand. According to their latest financial statements, Index Courier Network Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012
Turnover43,38154,26233,08554,25646,96127,20521,9235,5831,35110,4458,6761,935
Other Income Or Grants000000000000
Cost Of Sales37,49647,39128,62549,08241,61723,75619,3885,0861,1929,2297,4051,641
Gross Profit5,8856,8714,4605,1745,3443,4492,5354971591,2161,271294
Admin Expenses6,51919,6726,0585,1644,4559,237244889122-1,8154,496289
Operating Profit-634-12,801-1,59810889-5,7882,291-392373,031-3,2255
Interest Payable000000000000
Interest Receivable000000211233
Pre-Tax Profit-634-12,801-1,59810889-5,7882,293-391393,033-3,2228
Tax000-2-1690-4360-8-6370-2
Profit After Tax-634-12,801-1,5988720-5,7881,857-391312,396-3,2226
Dividends Paid000000000000
Retained Profit-634-12,801-1,5988720-5,7881,857-391312,396-3,2226
Employee Costs34,57430,19163,28659,62656,53926,16428,64227,19524,82425,55127,30525,184
Number Of Employees112221111111
EBITDA*-634-12,801-1,59810889-5,7882,291-3921053,079-3,1605

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012
Tangible Assets1,6252,1673977971,1971,5972,1291,4442061451930
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets1,6252,1673977971,1971,5972,1291,4442061451930
Stock & work in progress000000000000
Trade Debtors397370756155063,3794,0732043331,9431,089377
Group Debtors000000000000
Misc Debtors000000000000
Cash0000000685585281351,258
misc current assets000000000000
total current assets397370756155063,3794,0738893912,4711,2241,635
total assets2,0222,5374721,4121,7034,9766,2022,3335972,6161,4171,635
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 19,14318,1781,2165,7955,59410,0875,5252,5133862,4363,6330
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities00000000000629
total current liabilities19,14318,1781,2165,7955,59410,0875,5252,5133862,4363,633629
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income4500005000000000
other liabilities1,8453,1415,237000000000
provisions000000000000
total long term liabilities2,2953,1415,23705000000000
total liabilities21,43821,3196,4535,7956,09410,0875,5252,5133862,4363,633629
net assets-19,416-18,782-5,981-4,383-4,391-5,111677-180211180-2,2161,006
total shareholders funds-19,416-18,782-5,981-4,383-4,391-5,111677-180211180-2,2161,006
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012
Operating Activities
Operating Profit-634-12,801-1,59810889-5,7882,291-392373,031-3,2255
Depreciation000000006848650
Amortisation000000000000
Tax000-2-1690-4360-8-6370-2
Stock000000000000
Debtors27295-540109-2,873-6943,869-129-1,610854712377
Creditors96516,962-4,579201-4,4934,5623,0122,127-2,050-1,1973,6330
Accruals and Deferred Income45000-50050000000-629629
Deferred Taxes & Provisions000000000000
Cash flow from operations7543,866-5,637-400-400-5329981,864-343391-868255
Investing Activities
capital expenditure542-1,770400400400532-685-1,238-1290-2580
Change in Investments000000000000
cash flow from investments542-1,770400400400532-685-1,238-1290-2580
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities-1,296-2,0965,237000000000
share issue000000-1,00000001,000
interest000000211233
cash flow from financing-1,296-2,0965,237000-99811231,003
cash and cash equivalents
cash000000-685627-470393-1,1231,258
overdraft000000000000
change in cash000000-685627-470393-1,1231,258

index courier network 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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Index Courier Network Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for index courier network limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in WV12 area or any other competitors across 12 key performance metrics.

index courier network limited Ownership

INDEX COURIER NETWORK LIMITED group structure

Index Courier Network Limited has no subsidiary companies.

Ultimate parent company

INDEX COURIER NETWORK LIMITED

07837055

INDEX COURIER NETWORK LIMITED Shareholders

jaqueline davies 33.4%
lisa lord 33.3%
craig davies 33.3%

index courier network limited directors

Index Courier Network Limited currently has 1 director, Mr Craig Davies serving since Nov 2011.

officercountryagestartendrole
Mr Craig DaviesEngland68 years Nov 2011- Director

P&L

November 2023

turnover

43.4k

-20%

operating profit

-634

0%

gross margin

13.6%

+7.13%

turnover

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

Balance Sheet

November 2023

net assets

-19.4k

+0.03%

total assets

2k

-0.2%

cash

0

0%

net assets

Total assets minus all liabilities

index courier network limited company details

company number

07837055

Type

Private limited with Share Capital

industry

53201 - Licensed Carriers

incorporation date

November 2011

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

3 grazewood close, willenhall, wv125ux, WV12 5UX

Bank

-

Legal Advisor

-

index courier network 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 did not find charges/mortgages relating to index courier network limited.

charges

index courier network limited Companies House Filings - See Documents

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