Pomanda estimates the enterprise value of TITAN BULK HAULAGE LTD at £833.3k based on a Turnover of £2.2m and 0.37x industry multiple (adjusted for size and gross margin).
titan bulk haulage ltdEstimated Valuation
£128.9k
Pomanda estimates the enterprise value of TITAN BULK HAULAGE LTD at £128.9k based on an EBITDA of £46.4k and a 2.78x industry multiple (adjusted for size and gross margin).
titan bulk haulage ltdEstimated Valuation
£688.9k
Pomanda estimates the enterprise value of TITAN BULK HAULAGE LTD at £688.9k based on Net Assets of £308.6k and 2.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Titan Bulk Haulage LtdOverview
Titan Bulk Haulage Ltd is a live company located in harlow, CM17 0NS with a Companies House number of 08822070. It operates in the freight transport by road sector, SIC Code 49410. Founded in December 2013, it's largest shareholder is
derek alan scales
with a 100% stake. Titan Bulk Haulage Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£2.2m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Titan Bulk Haulage Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £2.2m, make it smaller than the average company (£10.8m)
£2.2m - Titan Bulk Haulage Ltd
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (8.9%)
54% - Titan Bulk Haulage Ltd
8.9% - Industry AVG
Production
with a gross margin of 14.6%, this company has a higher cost of product (22.1%)
14.6% - Titan Bulk Haulage Ltd
22.1% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (5.1%)
2.1% - Titan Bulk Haulage Ltd
5.1% - Industry AVG
Employees
with 8 employees, this is below the industry average (65)
8 - Titan Bulk Haulage Ltd
65 - Industry AVG
Pay Structure
on an average salary of £40.8k, the company has an equivalent pay structure (£40.8k)
£40.8k - Titan Bulk Haulage Ltd
£40.8k - Industry AVG
Efficiency
resulting in sales per employee of £281k, this is more efficient (£141.6k)
£281k - Titan Bulk Haulage Ltd
£141.6k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (52 days)
47 days - Titan Bulk Haulage Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 132 days, this is slower than average (30 days)
132 days - Titan Bulk Haulage Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Titan Bulk Haulage Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Titan Bulk Haulage Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.5%, this is a higher level of debt than the average (60.7%)
70.5% - Titan Bulk Haulage Ltd
60.7% - Industry AVG
TITAN BULK HAULAGE LTD financials
EXPORT
Titan Bulk Haulage Ltd's latest turnover from December 2023 is estimated at £2.2 million and the company has net assets of £308.6 thousand. According to their latest financial statements, Titan Bulk Haulage Ltd has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Turnover
2,248,077
1,344,056
777,265
614,997
431,062
363,556
212,145
73,853
109,164
42,799
Other Income Or Grants
Cost Of Sales
1,920,917
1,147,634
528,943
428,154
303,420
256,326
156,153
41,565
94,873
37,624
Gross Profit
327,160
196,422
248,322
186,843
127,642
107,230
55,992
32,288
14,291
5,175
Admin Expenses
280,809
169,551
227,066
164,873
116,794
85,005
47,821
19,027
14,558
8,635
Operating Profit
46,351
26,871
21,256
21,970
10,848
22,225
8,171
13,261
-267
-3,460
Interest Payable
1,896
14,642
387
1,017
138
2,377
Interest Receivable
6
1
Pre-Tax Profit
46,351
24,974
6,614
21,583
9,831
22,087
5,794
13,261
-261
-3,459
Tax
-11,588
-4,745
-2,073
-5,034
-2,011
-4,417
-1,100
-2,225
Profit After Tax
34,763
20,229
4,541
16,549
7,820
17,670
4,694
11,036
-261
-3,459
Dividends Paid
Retained Profit
34,763
20,229
4,541
16,549
7,820
17,670
4,694
11,036
-261
-3,459
Employee Costs
326,656
311,083
10,000
103,413
68,597
67,322
32,599
32,176
31,551
30,415
Number Of Employees
8
8
1
3
2
2
1
1
1
1
EBITDA*
46,351
26,871
50,086
43,315
30,730
36,107
17,958
19,343
5,085
-957
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Tangible Assets
755,318
515,318
115,318
85,382
79,528
69,409
39,171
24,327
21,409
10,011
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
755,318
515,318
115,318
85,382
79,528
69,409
39,171
24,327
21,409
10,011
Stock & work in progress
92,000
45,000
Trade Debtors
289,948
179,428
14,242
13,418
204,813
14,527
1,636
9,000
2,400
Group Debtors
Misc Debtors
114,369
232,200
219,757
17,999
4,364
4,364
Cash
10,194
1,779
558
misc current assets
total current assets
289,948
179,428
206,369
291,442
233,175
222,812
18,891
16,194
10,779
2,958
total assets
1,045,266
694,746
321,687
376,824
312,703
292,221
58,062
40,521
32,188
12,969
Bank overdraft
39,926
29,316
25,546
29,549
10,952
Bank loan
Trade Creditors
698,010
409,273
49,973
44,793
17,014
5,535
34,908
15,428
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
27,117
48,282
9,660
20,774
28,565
32,205
total current liabilities
698,010
409,273
67,043
127,571
79,999
67,337
45,052
32,205
34,908
15,428
loans
hp & lease commitments
Accruals and Deferred Income
11,600
11,600
other liabilities
27,020
provisions
total long term liabilities
38,620
11,600
total liabilities
736,630
420,873
67,043
127,571
79,999
67,337
45,052
32,205
34,908
15,428
net assets
308,636
273,873
254,644
249,253
232,704
224,884
13,010
8,316
-2,720
-2,459
total shareholders funds
308,636
273,873
254,644
249,253
232,704
224,884
13,010
8,316
-2,720
-2,459
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Operating Activities
Operating Profit
46,351
26,871
21,256
21,970
10,848
22,225
8,171
13,261
-267
-3,460
Depreciation
28,830
21,345
19,882
13,882
9,787
6,082
5,352
2,503
Amortisation
Tax
-11,588
-4,745
-2,073
-5,034
-2,011
-4,417
-1,100
-2,225
Stock
-92,000
47,000
45,000
Debtors
110,520
65,059
-132,073
13,267
10,363
203,921
12,891
-3,000
6,600
2,400
Creditors
288,737
409,273
-49,973
5,180
27,779
11,479
5,535
-34,908
19,480
15,428
Accruals and Deferred Income
-15,517
-21,165
38,622
-11,114
-7,791
-3,640
32,205
Deferred Taxes & Provisions
Cash flow from operations
212,980
442,823
61,948
23,816
35,021
-168,543
5,862
17,415
17,965
12,071
Investing Activities
capital expenditure
-240,000
-400,000
-58,766
-27,199
-30,001
-44,120
-24,631
-9,000
-16,750
-12,514
Change in Investments
cash flow from investments
-240,000
-400,000
-58,766
-27,199
-30,001
-44,120
-24,631
-9,000
-16,750
-12,514
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
27,020
share issue
-1,000
850
194,204
1,000
interest
-1,896
-14,642
-387
-1,017
-138
-2,377
6
1
cash flow from financing
27,020
-2,896
-13,792
-387
-1,017
194,066
-2,377
6
1,001
cash and cash equivalents
cash
-10,194
8,415
1,221
558
overdraft
-39,926
10,610
3,770
-4,003
18,597
10,952
change in cash
39,926
-10,610
-3,770
4,003
-18,597
-21,146
8,415
1,221
558
titan bulk haulage ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for titan bulk haulage ltd. Get real-time insights into titan bulk haulage ltd's credit score, group structure and payment trends.
Perform a competitor analysis for titan bulk haulage ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in CM17 area or any other competitors across 12 key performance metrics.
titan bulk haulage ltd Ownership
TITAN BULK HAULAGE LTD group structure
Titan Bulk Haulage Ltd has no subsidiary companies.
Ultimate parent company
TITAN BULK HAULAGE LTD
08822070
TITAN BULK HAULAGE LTD Shareholders
The sole shareholder of Titan Bulk Haulage Ltd is Derek Alan Scales.
derek alan scales
100%
titan bulk haulage ltd directors
Titan Bulk Haulage Ltd currently has 1 director, Mr Derek Scales serving since Dec 2013.
unit 11 holts court, threshers bush, harlow, essex, CM17 0NS
Bank
-
Legal Advisor
-
titan bulk haulage 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 titan bulk haulage ltd.
titan bulk haulage 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 TITAN BULK HAULAGE LTD. This can take several minutes, an email will notify you when this has completed.
titan bulk haulage ltdCompanies House Filings - See Documents
