modular movements ltd
modular movements ltd Company Information
Company Number
09093879
Website
www.modularmovements.comRegistered Address
44 newdown road, scunthorpe, south humberside, DN17 2TX
Industry
Freight transport by road
Telephone
01724281175
Next Accounts Due
August 2024
Group Structure
View All
Shareholders
modular logistics group limited 100%
modular movements ltd Estimated Valuation
Pomanda estimates the enterprise value of MODULAR MOVEMENTS LTD at £4.6m based on a Turnover of £10.8m and 0.42x industry multiple (adjusted for size and gross margin).
modular movements ltd Estimated Valuation
Pomanda estimates the enterprise value of MODULAR MOVEMENTS LTD at £3.7m based on an EBITDA of £930.5k and a 3.93x industry multiple (adjusted for size and gross margin).
modular movements ltd Estimated Valuation
Pomanda estimates the enterprise value of MODULAR MOVEMENTS LTD at £3.6m based on Net Assets of £1.4m and 2.55x industry multiple (adjusted for liquidity).
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Modular Movements Ltd Overview
Modular Movements Ltd is a live company located in south humberside, DN17 2TX with a Companies House number of 09093879. It operates in the freight transport by road sector, SIC Code 49410. Founded in June 2014, it's largest shareholder is modular logistics group limited with a 100% stake. Modular Movements Ltd is a established, mid sized company, Pomanda has estimated its turnover at £10.8m with healthy growth in recent years.
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Modular Movements Ltd Health Check
Pomanda's financial health check has awarded Modular Movements Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £10.8m, make it larger than the average company (£9m)
- Modular Movements Ltd
£9m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.2%)
- Modular Movements Ltd
6.2% - Industry AVG
Production
with a gross margin of 21.6%, this company has a comparable cost of product (21.6%)
- Modular Movements Ltd
21.6% - Industry AVG
Profitability
an operating margin of 8.6% make it more profitable than the average company (5.5%)
- Modular Movements Ltd
5.5% - Industry AVG
Employees
with 5 employees, this is below the industry average (59)
5 - Modular Movements Ltd
59 - Industry AVG
Pay Structure
on an average salary of £37.9k, the company has an equivalent pay structure (£37.9k)
- Modular Movements Ltd
£37.9k - Industry AVG
Efficiency
resulting in sales per employee of £2.2m, this is more efficient (£127.3k)
- Modular Movements Ltd
£127.3k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (57 days)
- Modular Movements Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (33 days)
- Modular Movements Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Modular Movements Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - Modular Movements Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.3%, this is a higher level of debt than the average (64%)
72.3% - Modular Movements Ltd
64% - Industry AVG
MODULAR MOVEMENTS LTD financials
Modular Movements Ltd's latest turnover from November 2022 is estimated at £10.8 million and the company has net assets of £1.4 million. According to their latest financial statements, Modular Movements Ltd has 5 employees and maintains cash reserves of £91.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 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 | 5 | 18 | 35 | 42 | 66 | 72 | 74 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 22,207 | 50,972 | 79,737 | 108,500 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 22,207 | 50,972 | 79,737 | 108,500 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,903,461 | 1,782,382 | 1,654,273 | 1,743,203 | 1,439,975 | 1,378,073 | 1,423,578 | 1,315,546 |
| Group Debtors | 1,388,914 | 909,594 | 693,494 | 445,361 | 324,832 | 378,079 | 0 | 0 |
| Misc Debtors | 750,117 | 297,175 | 291,767 | 388,404 | 229,514 | 200,136 | 479,492 | 0 |
| Cash | 91,202 | 23,703 | 128,506 | 77,008 | 52,537 | 43,503 | 44,531 | 13,688 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,133,694 | 3,012,854 | 2,768,040 | 2,653,976 | 2,046,858 | 1,999,791 | 1,947,601 | 1,329,234 |
| total assets | 5,133,694 | 3,012,854 | 2,768,040 | 2,653,976 | 2,069,065 | 2,050,763 | 2,027,338 | 1,437,734 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,019,060 | 831,091 | 811,929 | 679,157 | 396,003 | 658,116 | 584,417 | 1,199,748 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 16,013 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 206,525 | 35,793 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,741,789 | 1,294,419 | 1,421,604 | 1,624,080 | 1,549,045 | 1,278,985 | 1,247,780 | 0 |
| total current liabilities | 2,967,374 | 2,161,303 | 2,233,533 | 2,303,237 | 1,945,048 | 1,937,101 | 1,848,210 | 1,199,748 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 745,248 | 185,620 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 745,248 | 185,620 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,712,622 | 2,346,923 | 2,233,533 | 2,303,237 | 1,945,048 | 1,937,101 | 1,848,210 | 1,199,748 |
| net assets | 1,421,072 | 665,931 | 534,507 | 350,739 | 124,017 | 113,662 | 179,128 | 237,986 |
| total shareholders funds | 1,421,072 | 665,931 | 534,507 | 350,739 | 124,017 | 113,662 | 179,128 | 237,986 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 22,207 | 28,765 | 28,765 | 35,324 | |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,053,341 | 349,617 | 62,566 | 582,647 | 38,033 | 53,218 | 587,524 | 1,315,546 |
| Creditors | 187,969 | 19,162 | 132,772 | 283,154 | -262,113 | 73,699 | -615,331 | 1,199,748 |
| Accruals and Deferred Income | 447,370 | -127,185 | -202,476 | 75,035 | 270,060 | 31,205 | 1,247,780 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -16,013 | 16,013 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 730,360 | 221,413 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 67,499 | -104,803 | 51,498 | 24,471 | 9,034 | -1,028 | 30,843 | 13,688 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 67,499 | -104,803 | 51,498 | 24,471 | 9,034 | -1,028 | 30,843 | 13,688 |
modular movements ltd Credit Report and Business Information
Modular Movements Ltd Competitor Analysis
Perform a competitor analysis for modular movements ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
modular movements ltd Ownership
MODULAR MOVEMENTS LTD group structure
Modular Movements Ltd has no subsidiary companies.
Ultimate parent company
1 parent
MODULAR MOVEMENTS LTD
09093879
modular movements ltd directors
Modular Movements Ltd currently has 5 directors. The longest serving directors include Ms Michelle Peterson (Jun 2014) and Mr Jeremy Cross (Jul 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Michelle Peterson | England | 46 years | Jun 2014 | - | Director |
| Mr Jeremy Cross | England | 55 years | Jul 2014 | - | Director |
| Mr Martin Swan | 55 years | Nov 2017 | - | Director | |
| Leigh Skelton | 35 years | Apr 2021 | - | Director | |
| Mrs Tyler Baxter | 30 years | May 2024 | - | Director |
P&L
November 2022turnover
10.8m
+47%
operating profit
930.5k
0%
gross margin
21.6%
+4.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
1.4m
+1.13%
total assets
5.1m
+0.7%
cash
91.2k
+2.85%
net assets
Total assets minus all liabilities
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modular movements ltd company details
company number
09093879
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
June 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
44 newdown road, scunthorpe, south humberside, DN17 2TX
last accounts submitted
November 2022
modular movements 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 modular movements ltd.
modular movements ltd Companies House Filings - See Documents
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