chip logistics limited
chip logistics limited Company Information
Company Number
08134808
Website
www.bluechiplogistics.comRegistered Address
243 furlong road, goldthorpe, rotherham, S63 9PP
Industry
Freight transport by road
Telephone
01709361493
Next Accounts Due
June 2024
Group Structure
View All
Directors
Darren Parry7 Years
Shareholders
vass group limited 100%
chip logistics limited Estimated Valuation
Pomanda estimates the enterprise value of CHIP LOGISTICS LIMITED at £521.7k based on a Turnover of £1.8m and 0.29x industry multiple (adjusted for size and gross margin).
chip logistics limited Estimated Valuation
Pomanda estimates the enterprise value of CHIP LOGISTICS LIMITED at £64.1k based on an EBITDA of £23.7k and a 2.71x industry multiple (adjusted for size and gross margin).
chip logistics limited Estimated Valuation
Pomanda estimates the enterprise value of CHIP LOGISTICS LIMITED at £241.8k based on Net Assets of £94.9k and 2.55x industry multiple (adjusted for liquidity).
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Chip Logistics Limited Overview
Chip Logistics Limited is a dissolved company that was located in rotherham, S63 9PP with a Companies House number of 08134808. It operated in the freight transport by road sector, SIC Code 49410. Founded in July 2012, it's largest shareholder was vass group limited with a 100% stake. The last turnover for Chip Logistics Limited was estimated at £1.8m.
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Chip Logistics Limited Health Check
Pomanda's financial health check has awarded Chip Logistics Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£8.2m)
- Chip Logistics Limited
£8.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 132%, show it is growing at a faster rate (4.7%)
- Chip Logistics Limited
4.7% - Industry AVG
Production
with a gross margin of 14%, this company has a higher cost of product (20.3%)
- Chip Logistics Limited
20.3% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (4.8%)
- Chip Logistics Limited
4.8% - Industry AVG
Employees
with 9 employees, this is below the industry average (87)
- Chip Logistics Limited
87 - Industry AVG
Pay Structure
on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)
- Chip Logistics Limited
£31.5k - Industry AVG
Efficiency
resulting in sales per employee of £198.3k, this is more efficient (£115.8k)
- Chip Logistics Limited
£115.8k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is near the average (59 days)
- Chip Logistics Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (34 days)
- Chip Logistics Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Chip Logistics Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (10 weeks)
3 weeks - Chip Logistics Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.1%, this is a higher level of debt than the average (67.4%)
79.1% - Chip Logistics Limited
67.4% - Industry AVG
CHIP LOGISTICS LIMITED financials
Chip Logistics Limited's latest turnover from June 2016 is estimated at £1.8 million and the company has net assets of £94.9 thousand. According to their latest financial statements, we estimate that Chip Logistics Limited has 9 employees and maintains cash reserves of £23 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2016 | Jun 2015 | Jun 2014 | Jul 2013 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2016 | Jun 2015 | Jun 2014 | Jul 2013 | |
|---|---|---|---|---|
| Tangible Assets | 113,293 | 36,007 | 72,012 | 0 |
| Intangible Assets | 0 | 0 | 0 | 46,012 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 113,293 | 36,007 | 72,012 | 46,012 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 318,755 | 109,464 | 57,943 | 33,407 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 23,019 | 16,820 | 0 | 18,503 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 341,774 | 126,284 | 57,943 | 51,910 |
| total assets | 455,067 | 162,291 | 129,955 | 97,922 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 360,121 | 28,209 | 55,019 | 19,611 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 360,121 | 28,209 | 55,019 | 19,611 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 40,214 | 18,095 | 19,726 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 40,214 | 18,095 | 19,726 |
| total liabilities | 360,121 | 68,423 | 73,114 | 39,337 |
| net assets | 94,946 | 93,868 | 56,841 | 58,585 |
| total shareholders funds | 94,946 | 93,868 | 56,841 | 58,585 |
| Jun 2016 | Jun 2015 | Jun 2014 | Jul 2013 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 22,428 | 18,003 | 0 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 209,291 | 51,521 | 24,536 | 33,407 |
| Creditors | 331,912 | -26,810 | 35,408 | 19,611 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -40,214 | 22,119 | -1,631 | 19,726 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 6,199 | 16,820 | -18,503 | 18,503 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 6,199 | 16,820 | -18,503 | 18,503 |
chip logistics limited Credit Report and Business Information
Chip Logistics Limited Competitor Analysis
Perform a competitor analysis for chip logistics limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
chip logistics limited Ownership
CHIP LOGISTICS LIMITED group structure
Chip Logistics Limited has no subsidiary companies.
Ultimate parent company
VASS GROUP LIMITED
#0102535
1 parent
CHIP LOGISTICS LIMITED
08134808
chip logistics limited directors
Chip Logistics Limited currently has 1 director, Mr Darren Parry serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darren Parry | England | 49 years | May 2017 | - | Director |
P&L
June 2016turnover
1.8m
+367%
operating profit
1.2k
0%
gross margin
14%
+4.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2016net assets
94.9k
+0.01%
total assets
455.1k
+1.8%
cash
23k
+0.37%
net assets
Total assets minus all liabilities
chip logistics limited company details
company number
08134808
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
July 2012
age
12
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
incorporated
UK
address
243 furlong road, goldthorpe, rotherham, S63 9PP
last accounts submitted
June 2016
chip 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 2 charges/mortgages relating to chip logistics limited. Currently there are 0 open charges and 2 have been satisfied in the past.
chip logistics limited Companies House Filings - See Documents
| date | description | view/download |
|---|
