Pomanda estimates the enterprise value of CHALLENGE LOGISTICS LIMITED at £6.1m based on a Turnover of £12.4m and 0.49x industry multiple (adjusted for size and gross margin).
challenge logistics limitedEstimated Valuation
£861.1k
Pomanda estimates the enterprise value of CHALLENGE LOGISTICS LIMITED at £861.1k based on an EBITDA of £239k and a 3.6x industry multiple (adjusted for size and gross margin).
challenge logistics limitedEstimated Valuation
£11m
Pomanda estimates the enterprise value of CHALLENGE LOGISTICS LIMITED at £11m based on Net Assets of £4.6m and 2.39x industry multiple (adjusted for liquidity).
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Challenge Logistics LimitedOverview
Challenge Logistics Limited is a live company located in wigan, WN3 6PS with a Companies House number of 08981112. It operates in the freight transport by road sector, SIC Code 49410. Founded in April 2014, it's largest shareholder is
challenge recruitment group ltd
with a 100% stake. Challenge Logistics Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£12.4m with
declining
growth in recent years.
Pomanda's financial health check has awarded Challenge Logistics Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
3 Regular
6 Weak
Size
annual sales of £12.4m, make it larger than the average company (£10.4m)
£12.4m - Challenge Logistics Limited
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (9%)
-2% - Challenge Logistics Limited
9% - Industry AVG
Production
with a gross margin of 11.5%, this company has a higher cost of product (22.4%)
11.5% - Challenge Logistics Limited
22.4% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (5%)
1.9% - Challenge Logistics Limited
5% - Industry AVG
Employees
with 92 employees, this is above the industry average (63)
92 - Challenge Logistics Limited
63 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
£41k - Challenge Logistics Limited
£41k - Industry AVG
Efficiency
resulting in sales per employee of £135.3k, this is equally as efficient (£136.4k)
£135.3k - Challenge Logistics Limited
£136.4k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (52 days)
75 days - Challenge Logistics Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (31 days)
11 days - Challenge Logistics Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Challenge Logistics Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - Challenge Logistics Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.6%, this is a similar level of debt than the average (60.4%)
57.6% - Challenge Logistics Limited
60.4% - Industry AVG
CHALLENGE LOGISTICS LIMITED financials
EXPORT
Challenge Logistics Limited's latest turnover from March 2024 is £12.4 million and the company has net assets of £4.6 million. According to their latest financial statements, we estimate that Challenge Logistics Limited has 92 employees and maintains cash reserves of £160.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Turnover
12,447,504
19,869,667
30,851,500
13,409,655
12,461,169
12,157,544
9,799,651
4,390,203
4,186,093
6,745,287
Other Income Or Grants
Cost Of Sales
11,021,157
17,406,941
25,882,918
11,749,477
11,186,477
10,938,539
8,602,505
3,470,465
3,342,909
5,451,865
Gross Profit
1,426,347
2,462,726
4,968,582
1,660,178
1,274,692
1,219,005
1,197,146
919,738
843,184
1,293,422
Admin Expenses
1,191,798
704,021
1,681,453
354,690
272,710
692,141
1,185,606
941,360
700,122
1,201,562
Operating Profit
234,549
1,758,705
3,287,129
1,305,488
1,001,982
526,864
11,540
-21,622
143,062
91,860
Interest Payable
100,237
111,223
190,315
67,272
56,980
113,179
Interest Receivable
214
304
21
Pre-Tax Profit
134,312
1,647,482
3,096,814
1,238,216
945,002
413,685
11,540
-21,408
143,366
91,881
Tax
15,812
-236,469
-611,775
15,561
-126,471
-62,048
-3,163
-28,673
-19,295
Profit After Tax
150,124
1,411,013
2,485,039
1,253,777
818,531
351,637
8,377
-21,408
114,693
72,586
Dividends Paid
750,000
173,938
Retained Profit
-599,876
1,411,013
2,485,039
1,253,777
818,531
351,637
-165,561
-21,408
114,693
72,586
Employee Costs
3,776,346
5,812,013
9,160,157
1,224,234
1,134,269
1,795,198
Number Of Employees
92
148
246
116
103
100
84
38
36
59
EBITDA*
238,967
1,775,389
3,506,616
1,308,425
1,006,330
536,069
17,143
-11,999
145,713
92,212
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Tangible Assets
42,130
8,298
24,982
183,261
15,048
31,586
24,791
30,394
32,457
2,788
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
42,130
8,298
24,982
183,261
15,048
31,586
24,791
30,394
32,457
2,788
Stock & work in progress
16,500
12,500
500
Trade Debtors
2,584,963
1,665,416
4,861,982
1,973,182
1,146,241
1,598,359
891,971
868,502
892,231
1,124,067
Group Debtors
7,598,089
7,333,238
18,755,936
7,348,372
4,982,879
3,620,098
1,727,489
826,186
539,553
Misc Debtors
441,249
1,224,997
1,072,069
1,493,992
787,734
614,252
644,426
127,801
114,842
Cash
160,584
115,832
135,990
165,920
253,426
34,004
6,393
58,470
113,117
8,471
misc current assets
total current assets
10,784,885
10,339,483
24,825,977
10,981,466
7,170,280
5,866,713
3,270,279
1,897,459
1,672,243
1,133,038
total assets
10,827,015
10,347,781
24,850,959
11,164,727
7,185,328
5,898,299
3,295,070
1,927,853
1,704,700
1,135,826
Bank overdraft
3,795,204
1,680,113
733,681
Bank loan
1,494,060
1,021,221
Trade Creditors
352,662
213,921
991,800
382,007
1,910,457
528,870
836,205
442,915
356,446
1,063,140
Group/Directors Accounts
3,293,204
2,424,081
14,704,192
6,919,542
3,378,971
2,677,877
1,491,916
655,361
149,794
other short term finances
hp & lease commitments
other current liabilities
2,579,665
2,516,877
1,575,202
759,943
551,242
655,178
228,644
657,528
1,004,590
total current liabilities
6,225,531
5,154,879
21,066,398
9,555,552
6,861,891
5,542,038
3,290,446
1,755,804
1,510,830
1,063,140
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
10,533
2,075
4,747
34,820
2,859
4,214
4,214
6,078
6,491
total long term liabilities
10,533
2,075
4,747
34,820
2,859
4,214
4,214
6,078
6,491
total liabilities
6,236,064
5,156,954
21,071,145
9,590,372
6,864,750
5,546,252
3,294,660
1,761,882
1,517,321
1,063,140
net assets
4,590,951
5,190,827
3,779,814
1,574,355
320,578
352,047
410
165,971
187,379
72,686
total shareholders funds
4,590,951
5,190,827
3,779,814
1,574,355
320,578
352,047
410
165,971
187,379
72,686
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Operating Activities
Operating Profit
234,549
1,758,705
3,287,129
1,305,488
1,001,982
526,864
11,540
-21,622
143,062
91,860
Depreciation
4,418
16,684
219,487
2,937
4,348
9,205
5,603
9,623
2,651
352
Amortisation
Tax
15,812
-236,469
-611,775
15,561
-126,471
-62,048
-3,163
-28,673
-19,295
Stock
-16,500
4,000
12,000
500
Debtors
400,650
-14,466,336
13,874,441
3,898,692
1,084,145
2,568,823
1,441,397
275,863
422,559
1,124,067
Creditors
138,741
-777,879
609,793
-1,528,450
1,381,587
-307,335
393,290
86,469
-706,694
1,063,140
Accruals and Deferred Income
62,788
941,675
815,259
208,701
-103,936
426,534
-428,884
-347,062
1,004,590
Deferred Taxes & Provisions
8,458
-2,672
-30,073
31,961
-1,355
-1,864
-413
6,491
Cash flow from operations
64,116
16,166,380
-9,584,621
-3,862,494
1,072,010
-1,975,603
-1,448,375
-552,868
-13,132
11,490
Investing Activities
capital expenditure
-38,250
-61,208
-171,150
12,190
-16,000
-7,560
-32,320
-3,140
Change in Investments
cash flow from investments
-38,250
-61,208
-171,150
12,190
-16,000
-7,560
-32,320
-3,140
Financing Activities
Bank loans
-1,494,060
472,839
1,021,221
Group/Directors Accounts
869,123
-12,280,111
7,784,650
3,540,571
701,094
1,185,961
836,555
505,567
149,794
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-279,580
-850,000
100
interest
-100,237
-111,223
-190,315
-67,272
-56,980
-113,179
214
304
21
cash flow from financing
768,886
-12,391,334
5,820,695
3,946,138
815,335
1,072,782
836,555
505,781
150,098
121
cash and cash equivalents
cash
44,752
-20,158
-29,930
-87,506
219,422
27,611
-52,077
-54,647
104,646
8,471
overdraft
-3,795,204
3,795,204
-1,680,113
946,432
733,681
change in cash
44,752
3,775,046
-3,825,134
-87,506
1,899,535
-918,821
-785,758
-54,647
104,646
8,471
challenge logistics limited 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 challenge logistics limited. Get real-time insights into challenge logistics limited's credit score, group structure and payment trends.
Perform a competitor analysis for challenge logistics limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in WN3 area or any other competitors across 12 key performance metrics.
challenge logistics limited Ownership
CHALLENGE LOGISTICS LIMITED group structure
Challenge Logistics Limited has no subsidiary companies.
The sole shareholder of Challenge Logistics Limited is Challenge Recruitment Group Ltd.
challenge recruitment group ltd
100%
challenge logistics limited directors
Challenge Logistics Limited currently has 5 directors.
The longest serving directors include
Mr Thomas Cropper (Apr 2014) and
Mr Richard Cropper (Apr 2014).
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 9 charges/mortgages relating to challenge logistics limited. Currently there are 4 open charges and 5 have been satisfied in the past.
challenge logistics 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.
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challenge logistics limitedCompanies House Filings - See Documents
