mts freight solutions ltd
mts freight solutions ltd Company Information
Company Number
08742098
Next Accounts
Jul 2025
Directors
Shareholders
myles theodore simmons
clare helen wilkinson
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
unit 9 headcorn road, staplehurst, tonbridge, TN12 0DT
Website
http://speedyfreight.co.ukmts freight solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of MTS FREIGHT SOLUTIONS LTD at £508.6k based on a Turnover of £922.1k and 0.55x industry multiple (adjusted for size and gross margin).
mts freight solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of MTS FREIGHT SOLUTIONS LTD at £0 based on an EBITDA of £-57.9k and a 4.04x industry multiple (adjusted for size and gross margin).
mts freight solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of MTS FREIGHT SOLUTIONS LTD at £0 based on Net Assets of £-12.1k and 2.13x industry multiple (adjusted for liquidity).
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Mts Freight Solutions Ltd Overview
Mts Freight Solutions Ltd is a live company located in tonbridge, TN12 0DT with a Companies House number of 08742098. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2013, it's largest shareholder is myles theodore simmons with a 50% stake. Mts Freight Solutions Ltd is a established, small sized company, Pomanda has estimated its turnover at £922.1k with declining growth in recent years.
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Mts Freight Solutions Ltd Health Check
Pomanda's financial health check has awarded Mts Freight Solutions Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
5 Weak
Size
annual sales of £922.1k, make it smaller than the average company (£3.8m)
- Mts Freight Solutions Ltd
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (5.4%)
- Mts Freight Solutions Ltd
5.4% - Industry AVG
Production
with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)
- Mts Freight Solutions Ltd
37.9% - Industry AVG
Profitability
an operating margin of -6.3% make it less profitable than the average company (6%)
- Mts Freight Solutions Ltd
6% - Industry AVG
Employees
with 6 employees, this is below the industry average (24)
6 - Mts Freight Solutions Ltd
24 - Industry AVG
Pay Structure
on an average salary of £48.6k, the company has an equivalent pay structure (£48.6k)
- Mts Freight Solutions Ltd
£48.6k - Industry AVG
Efficiency
resulting in sales per employee of £153.7k, this is equally as efficient (£153.7k)
- Mts Freight Solutions Ltd
£153.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mts Freight Solutions Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mts Freight Solutions Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mts Freight Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mts Freight Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 153%, this is a higher level of debt than the average (61.5%)
153% - Mts Freight Solutions Ltd
61.5% - Industry AVG
MTS FREIGHT SOLUTIONS LTD financials
Mts Freight Solutions Ltd's latest turnover from October 2023 is estimated at £922.1 thousand and the company has net assets of -£12.1 thousand. According to their latest financial statements, Mts Freight Solutions Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 6 | 5 | 9 | 8 | 8 | 8 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 242 | 2,164 | 4,461 | 6,656 | 8,053 | 75 | ||||
| Intangible Assets | 1,302 | 9,512 | 17,722 | 25,932 | 27,642 | |||||
| Investments & Other | 1,659 | |||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 242 | 3,466 | 13,973 | 24,378 | 35,644 | 27,717 | ||||
| Stock & work in progress | 14,235 | 9,472 | ||||||||
| Trade Debtors | 7,066 | 26,978 | 26,978 | |||||||
| Group Debtors | ||||||||||
| Misc Debtors | 22,618 | 140,268 | 188,872 | 147,382 | 28,457 | 100 | ||||
| Cash | 3,197 | 15,272 | 614 | 10,187 | ||||||
| misc current assets | 171 | 11,821 | ||||||||
| total current assets | 22,789 | 140,268 | 188,872 | 150,579 | 35,523 | 11,821 | 42,350 | 26,978 | 14,849 | 19,659 |
| total assets | 22,789 | 140,268 | 188,872 | 150,579 | 35,765 | 15,287 | 56,323 | 51,356 | 50,493 | 47,376 |
| Bank overdraft | 6,553 | 9,961 | 8,386 | 1,378 | 15,398 | 2,524 | 6,513 | |||
| Bank loan | ||||||||||
| Trade Creditors | 46,548 | |||||||||
| Group/Directors Accounts | 78 | 78 | 31,737 | |||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 7,545 | 59,823 | 117,848 | 120,525 | 41,428 | 18,110 | 49,808 | 48,475 | 14,182 | |
| total current liabilities | 14,098 | 69,784 | 126,234 | 121,903 | 56,826 | 20,634 | 49,886 | 55,066 | 45,919 | 46,548 |
| loans | 20,779 | 21,333 | 28,667 | 28,622 | ||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | 847 | 1,331 | 1,610 | |||||||
| total long term liabilities | 20,779 | 21,333 | 28,667 | 28,622 | 847 | 1,331 | 1,610 | |||
| total liabilities | 34,877 | 91,117 | 154,901 | 150,525 | 56,826 | 20,634 | 50,733 | 56,397 | 47,529 | 46,548 |
| net assets | -12,088 | 49,151 | 33,971 | 54 | -21,061 | -5,347 | 5,590 | -5,041 | 2,964 | 828 |
| total shareholders funds | -12,088 | 49,151 | 33,971 | 54 | -21,061 | -5,347 | 5,590 | -5,041 | 2,964 | 828 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 242 | 1,922 | 2,297 | 2,297 | 2,219 | 2,500 | 8 | |||
| Amortisation | 1,302 | 8,210 | 8,210 | 8,210 | 8,210 | |||||
| Tax | ||||||||||
| Stock | -14,235 | 4,763 | 9,472 | |||||||
| Debtors | -117,650 | -48,604 | 41,490 | 111,859 | 35,523 | -27,078 | 100 | 26,978 | ||
| Creditors | -46,548 | 46,548 | ||||||||
| Accruals and Deferred Income | -52,278 | -58,025 | -2,677 | 79,097 | 23,318 | -31,698 | 1,333 | 34,293 | 14,182 | |
| Deferred Taxes & Provisions | -847 | -484 | -279 | 1,610 | ||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | -1,659 | 1,659 | ||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -78 | -31,659 | 31,737 | |||||||
| Other Short Term Loans | ||||||||||
| Long term loans | -554 | -7,334 | 45 | 28,622 | ||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -3,197 | 3,197 | -15,272 | 15,272 | -614 | -9,573 | 10,187 | |||
| overdraft | -3,408 | 1,575 | 7,008 | -14,020 | 12,874 | 2,524 | -6,513 | 6,513 | ||
| change in cash | 3,408 | -1,575 | -10,205 | 17,217 | -12,874 | -17,796 | 21,785 | -7,127 | -9,573 | 10,187 |
mts freight solutions ltd Credit Report and Business Information
Mts Freight Solutions Ltd Competitor Analysis
Perform a competitor analysis for mts freight solutions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in TN12 area or any other competitors across 12 key performance metrics.
mts freight solutions ltd Ownership
MTS FREIGHT SOLUTIONS LTD group structure
Mts Freight Solutions Ltd has no subsidiary companies.
Ultimate parent company
MTS FREIGHT SOLUTIONS LTD
08742098
mts freight solutions ltd directors
Mts Freight Solutions Ltd currently has 1 director, Mr Myles Simmons serving since Oct 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Myles Simmons | England | 51 years | Oct 2013 | - | Director |
P&L
October 2023turnover
922.1k
+32%
operating profit
-57.9k
0%
gross margin
38%
-0.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-12.1k
-1.25%
total assets
22.8k
-0.84%
cash
0
0%
net assets
Total assets minus all liabilities
mts freight solutions ltd company details
company number
08742098
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
unit 9 headcorn road, staplehurst, tonbridge, TN12 0DT
Bank
-
Legal Advisor
-
mts freight solutions ltd 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 mts freight solutions ltd.
mts freight solutions ltd 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 MTS FREIGHT SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
mts freight solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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