fenix freight limited
fenix freight limited Company Information
Company Number
08239483
Next Accounts
Jun 2025
Shareholders
sukhdev singh
Group Structure
View All
Industry
Sea and coastal freight water transport
Registered Address
unit 4 steelpark road, coombswood court, halesowen, west midlands, B62 8BF
Website
fenixfreight.comfenix freight limited Estimated Valuation
Pomanda estimates the enterprise value of FENIX FREIGHT LIMITED at £3.3m based on a Turnover of £5.3m and 0.62x industry multiple (adjusted for size and gross margin).
fenix freight limited Estimated Valuation
Pomanda estimates the enterprise value of FENIX FREIGHT LIMITED at £393.7k based on an EBITDA of £191.1k and a 2.06x industry multiple (adjusted for size and gross margin).
fenix freight limited Estimated Valuation
Pomanda estimates the enterprise value of FENIX FREIGHT LIMITED at £4.3m based on Net Assets of £3.2m and 1.38x industry multiple (adjusted for liquidity).
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Fenix Freight Limited Overview
Fenix Freight Limited is a live company located in halesowen, B62 8BF with a Companies House number of 08239483. It operates in the sea and coastal freight water transport sector, SIC Code 50200. Founded in October 2012, it's largest shareholder is sukhdev singh with a 100% stake. Fenix Freight Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.3m with healthy growth in recent years.
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Fenix Freight Limited Health Check
Pomanda's financial health check has awarded Fenix Freight Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £5.3m, make it smaller than the average company (£8.8m)
- Fenix Freight Limited
£8.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.6%)
- Fenix Freight Limited
9.6% - Industry AVG
Production
with a gross margin of 14.2%, this company has a higher cost of product (36.5%)
- Fenix Freight Limited
36.5% - Industry AVG
Profitability
an operating margin of 2.8% make it less profitable than the average company (9.9%)
- Fenix Freight Limited
9.9% - Industry AVG
Employees
with 17 employees, this is above the industry average (14)
17 - Fenix Freight Limited
14 - Industry AVG
Pay Structure
on an average salary of £64.4k, the company has an equivalent pay structure (£64.4k)
- Fenix Freight Limited
£64.4k - Industry AVG
Efficiency
resulting in sales per employee of £309.5k, this is less efficient (£552.1k)
- Fenix Freight Limited
£552.1k - Industry AVG
Debtor Days
it gets paid by customers after 122 days, this is later than average (34 days)
- Fenix Freight Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (27 days)
- Fenix Freight Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fenix Freight Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 125 weeks, this is more cash available to meet short term requirements (13 weeks)
125 weeks - Fenix Freight Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.5%, this is a lower level of debt than the average (59.1%)
19.5% - Fenix Freight Limited
59.1% - Industry AVG
FENIX FREIGHT LIMITED financials
Fenix Freight Limited's latest turnover from September 2023 is estimated at £5.3 million and the company has net assets of £3.2 million. According to their latest financial statements, Fenix Freight Limited has 17 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 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 | 17 | 13 | 13 | 16 | 19 | 21 | 21 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 152,242 | 123,887 | 3,094 | ||||||||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | 155,303 | 186,053 | 174,303 | 155,303 | 159,633 | 307,142 | 855,294 | ||||
| Total Fixed Assets | 307,545 | 309,940 | 177,397 | 155,303 | 159,633 | 307,142 | 855,294 | ||||
| Stock & work in progress | |||||||||||
| Trade Debtors | 1,765,931 | 1,285,283 | 2,531,550 | 1,001,884 | 822,400 | 901,062 | 682,744 | 1,509,858 | 1,817,585 | 538,975 | 223,600 |
| Group Debtors | |||||||||||
| Misc Debtors | 41,931 | 62,832 | 20,592 | 6,136 | |||||||
| Cash | 1,849,613 | 3,115,977 | 1,281,162 | 751,935 | 886,073 | 785,516 | 652,712 | 732,518 | 138,756 | 46,584 | 14,371 |
| misc current assets | |||||||||||
| total current assets | 3,615,544 | 4,401,260 | 3,812,712 | 1,753,819 | 1,750,404 | 1,749,410 | 1,356,048 | 2,248,512 | 1,956,341 | 585,559 | 237,971 |
| total assets | 3,923,089 | 4,711,200 | 3,990,109 | 1,909,122 | 1,910,037 | 2,056,552 | 2,211,342 | 2,248,512 | 1,956,341 | 585,559 | 237,971 |
| Bank overdraft | 779 | 413 | |||||||||
| Bank loan | |||||||||||
| Trade Creditors | 438,636 | 1,225,960 | 1,493,290 | 959,636 | 694,928 | 999,066 | 1,024,061 | 1,436,705 | 1,637,359 | 352,828 | 142,919 |
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 326,143 | 536,055 | 488,454 | 80,370 | 68,540 | 64,899 | 12,228 | ||||
| total current liabilities | 764,779 | 1,762,015 | 1,981,744 | 959,636 | 775,298 | 1,067,606 | 1,089,739 | 1,449,346 | 1,637,359 | 352,828 | 142,919 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 187,000 | 233,261 | 61,253 | 70,327 | 25,678 | ||||||
| provisions | 252,000 | 300,000 | 558,000 | 68,135 | |||||||
| total long term liabilities | 187,000 | 252,000 | 300,000 | 558,000 | 301,396 | 61,253 | 70,327 | 25,678 | |||
| total liabilities | 764,779 | 1,762,015 | 2,168,744 | 959,636 | 1,027,298 | 1,367,606 | 1,647,739 | 1,750,742 | 1,698,612 | 423,155 | 168,597 |
| net assets | 3,158,310 | 2,949,185 | 1,821,365 | 949,486 | 882,739 | 688,946 | 563,603 | 497,770 | 257,729 | 162,404 | 69,374 |
| total shareholders funds | 3,158,310 | 2,949,185 | 1,821,365 | 949,486 | 882,739 | 688,946 | 563,603 | 497,770 | 257,729 | 162,404 | 69,374 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 42,597 | 20,983 | 3,094 | ||||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | 449,898 | -1,234,517 | 1,548,666 | 133,223 | -247,072 | -287,594 | 42,636 | -301,591 | 1,278,610 | 315,375 | 223,600 |
| Creditors | -787,324 | -267,330 | 533,654 | 264,708 | -304,138 | -24,995 | -412,644 | -200,654 | 1,284,531 | 209,909 | 142,919 |
| Accruals and Deferred Income | -209,912 | 47,601 | 488,454 | -80,370 | 11,830 | 3,641 | 52,671 | 12,228 | |||
| Deferred Taxes & Provisions | -252,000 | -48,000 | -258,000 | 489,865 | 68,135 | ||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -187,000 | 187,000 | -233,261 | 172,008 | -9,074 | 44,649 | 25,678 | ||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -1,266,364 | 1,834,815 | 529,227 | -134,138 | 100,557 | 132,804 | -79,806 | 593,762 | 92,172 | 32,213 | 14,371 |
| overdraft | -779 | 366 | 413 | ||||||||
| change in cash | -1,266,364 | 1,834,815 | 529,227 | -134,138 | 100,557 | 133,583 | -80,172 | 593,349 | 92,172 | 32,213 | 14,371 |
fenix freight limited Credit Report and Business Information
Fenix Freight Limited Competitor Analysis
Perform a competitor analysis for fenix freight limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in B62 area or any other competitors across 12 key performance metrics.
fenix freight limited Ownership
FENIX FREIGHT LIMITED group structure
Fenix Freight Limited has no subsidiary companies.
Ultimate parent company
FENIX FREIGHT LIMITED
08239483
fenix freight limited directors
Fenix Freight Limited currently has 2 directors. The longest serving directors include Mr Sukhdev Singh (Oct 2012) and Mr Jamie Nicklin (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sukhdev Singh | England | 47 years | Oct 2012 | - | Director |
| Mr Jamie Nicklin | United Kingdom | 52 years | May 2017 | - | Director |
P&L
September 2023turnover
5.3m
+15%
operating profit
148.5k
0%
gross margin
14.2%
+8.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
3.2m
+0.07%
total assets
3.9m
-0.17%
cash
1.8m
-0.41%
net assets
Total assets minus all liabilities
fenix freight limited company details
company number
08239483
Type
Private limited with Share Capital
industry
50200 - Sea and coastal freight water transport
incorporation date
October 2012
age
13
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
unit 4 steelpark road, coombswood court, halesowen, west midlands, B62 8BF
Bank
-
Legal Advisor
-
fenix freight 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 fenix freight limited. Currently there are 0 open charges and 2 have been satisfied in the past.
fenix freight 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 FENIX FREIGHT LIMITED. This can take several minutes, an email will notify you when this has completed.
fenix freight limited Companies House Filings - See Documents
| date | description | view/download |
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