atlas freight (uk) limited
atlas freight (uk) limited Company Information
Company Number
08907836
Next Accounts
Dec 2024
Industry
Other transportation support activities
Directors
Shareholders
sharif seedat
Group Structure
View All
Contact
Registered Address
51 coopers road, handsworth wood, birmingham, B20 2JU
Website
atlaslogistics.co.ukatlas freight (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of ATLAS FREIGHT (UK) LIMITED at £1.9m based on a Turnover of £4.2m and 0.45x industry multiple (adjusted for size and gross margin).
atlas freight (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of ATLAS FREIGHT (UK) LIMITED at £136.5k based on an EBITDA of £48k and a 2.84x industry multiple (adjusted for size and gross margin).
atlas freight (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of ATLAS FREIGHT (UK) LIMITED at £865.9k based on Net Assets of £449.6k and 1.93x industry multiple (adjusted for liquidity).
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Atlas Freight (uk) Limited Overview
Atlas Freight (uk) Limited is a live company located in birmingham, B20 2JU with a Companies House number of 08907836. It operates in the other transportation support activities sector, SIC Code 52290. Founded in February 2014, it's largest shareholder is sharif seedat with a 100% stake. Atlas Freight (uk) Limited is a established, small sized company, Pomanda has estimated its turnover at £4.2m with declining growth in recent years.
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Atlas Freight (uk) Limited Health Check
Pomanda's financial health check has awarded Atlas Freight (Uk) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £4.2m, make it smaller than the average company (£10.6m)
- Atlas Freight (uk) Limited
£10.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (10.2%)
- Atlas Freight (uk) Limited
10.2% - Industry AVG
Production
with a gross margin of 21.9%, this company has a comparable cost of product (21.9%)
- Atlas Freight (uk) Limited
21.9% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (5.1%)
- Atlas Freight (uk) Limited
5.1% - Industry AVG
Employees
with 4 employees, this is below the industry average (42)
4 - Atlas Freight (uk) Limited
42 - Industry AVG
Pay Structure
on an average salary of £42.9k, the company has an equivalent pay structure (£42.9k)
- Atlas Freight (uk) Limited
£42.9k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£238k)
- Atlas Freight (uk) Limited
£238k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is later than average (47 days)
- Atlas Freight (uk) Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (39 days)
- Atlas Freight (uk) Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is more than average (4 days)
- Atlas Freight (uk) Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (17 weeks)
31 weeks - Atlas Freight (uk) Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.9%, this is a higher level of debt than the average (64.1%)
72.9% - Atlas Freight (uk) Limited
64.1% - Industry AVG
ATLAS FREIGHT (UK) LIMITED financials
Atlas Freight (Uk) Limited's latest turnover from March 2023 is estimated at £4.2 million and the company has net assets of £449.6 thousand. According to their latest financial statements, Atlas Freight (Uk) Limited has 4 employees and maintains cash reserves of £697.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 4 | 4 | 3 | 2 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,191 | 1,130 | 20,185 | 39,315 | 59,482 | 3,521 | 446 | 2,492 | 3,199 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,191 | 1,130 | 20,185 | 39,315 | 59,482 | 3,521 | 446 | 2,492 | 3,199 |
| Stock & work in progress | 115,661 | 155,540 | 191,451 | 358,387 | 312,992 | 93,407 | 152,847 | 85,650 | 133,715 |
| Trade Debtors | 844,144 | 912,903 | 1,027,243 | 1,629,285 | 1,172,764 | 1,181,819 | 1,229,737 | 588,973 | 434,142 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,883 | 502 | 1,676 | 4,363 | 4,488 | 2,836 | 2,902 | 4,666 | 0 |
| Cash | 697,820 | 485,656 | 844,136 | 544,139 | 300,434 | 261,775 | 285,227 | 589,686 | 195,528 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,659,508 | 1,554,601 | 2,064,506 | 2,536,174 | 1,790,678 | 1,539,837 | 1,670,713 | 1,268,975 | 763,385 |
| total assets | 1,660,699 | 1,555,731 | 2,084,691 | 2,575,489 | 1,850,160 | 1,543,358 | 1,671,159 | 1,271,467 | 766,584 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 3,279 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 427,722 | 401,866 | 910,076 | 1,280,036 | 897,915 | 577,688 | 757,132 | 482,029 | 695,520 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 712,358 | 674,259 | 721,673 | 908,712 | 612,081 | 743,653 | 785,611 | 682,636 | 0 |
| total current liabilities | 1,140,080 | 1,076,125 | 1,631,749 | 2,188,748 | 1,509,996 | 1,321,341 | 1,546,022 | 1,164,665 | 695,520 |
| loans | 32,391 | 42,391 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 38,425 | 42,604 | 48,007 | 53,409 | 58,811 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 226 | 215 | 78 | 159 | 335 | 669 | 89 | 499 | 640 |
| total long term liabilities | 71,042 | 85,210 | 98,085 | 53,568 | 59,146 | 669 | 89 | 499 | 640 |
| total liabilities | 1,211,122 | 1,161,335 | 1,729,834 | 2,242,316 | 1,569,142 | 1,322,010 | 1,546,111 | 1,165,164 | 696,160 |
| net assets | 449,577 | 394,396 | 354,857 | 333,173 | 281,018 | 221,348 | 125,048 | 106,303 | 70,424 |
| total shareholders funds | 449,577 | 394,396 | 354,857 | 333,173 | 281,018 | 221,348 | 125,048 | 106,303 | 70,424 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,199 | 20,368 | 19,931 | 21,367 | 21,002 | 2,207 | 2,046 | 2,046 | 1,598 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | -39,879 | -35,911 | -166,936 | 45,395 | 219,585 | -59,440 | 67,197 | -48,065 | 133,715 |
| Debtors | -67,378 | -115,514 | -604,729 | 456,396 | -7,403 | -47,984 | 639,000 | 159,497 | 434,142 |
| Creditors | 25,856 | -508,210 | -369,960 | 382,121 | 320,227 | -179,444 | 275,103 | -213,491 | 695,520 |
| Accruals and Deferred Income | 38,099 | -47,414 | -187,039 | 296,631 | -131,572 | -41,958 | 102,975 | 682,636 | 0 |
| Deferred Taxes & Provisions | 11 | 137 | -81 | -176 | -334 | 580 | -410 | -141 | 640 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | -7,609 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -4,179 | -5,403 | -5,402 | -5,402 | 58,811 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 212,164 | -358,480 | 299,997 | 243,705 | 38,659 | -23,452 | -304,459 | 394,158 | 195,528 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -3,279 | 3,279 | 0 | 0 |
| change in cash | 212,164 | -358,480 | 299,997 | 243,705 | 38,659 | -20,173 | -307,738 | 394,158 | 195,528 |
atlas freight (uk) limited Credit Report and Business Information
Atlas Freight (uk) Limited Competitor Analysis
Perform a competitor analysis for atlas freight (uk) limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in B20 area or any other competitors across 12 key performance metrics.
atlas freight (uk) limited Ownership
ATLAS FREIGHT (UK) LIMITED group structure
Atlas Freight (Uk) Limited has no subsidiary companies.
Ultimate parent company
ATLAS FREIGHT (UK) LIMITED
08907836
atlas freight (uk) limited directors
Atlas Freight (Uk) Limited currently has 1 director, Mr Suleman Bhattay serving since Feb 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Suleman Bhattay | England | 66 years | Feb 2014 | - | Director |
P&L
March 2023turnover
4.2m
+12%
operating profit
46.8k
0%
gross margin
22%
-0.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
449.6k
+0.14%
total assets
1.7m
+0.07%
cash
697.8k
+0.44%
net assets
Total assets minus all liabilities
atlas freight (uk) limited company details
company number
08907836
Type
Private limited with Share Capital
industry
52290 - Other transportation support activities
incorporation date
February 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
MIBSONS LIMITED
auditor
-
address
51 coopers road, handsworth wood, birmingham, B20 2JU
Bank
-
Legal Advisor
-
atlas freight (uk) 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 atlas freight (uk) limited.
atlas freight (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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