first transpennine express limitedEstimated Valuation
£186.2m
Pomanda estimates the enterprise value of FIRST TRANSPENNINE EXPRESS LIMITED at £186.2m based on a Turnover of £50.8m and 3.67x industry multiple (adjusted for size and gross margin).
first transpennine express limitedEstimated Valuation
£74.7m
Pomanda estimates the enterprise value of FIRST TRANSPENNINE EXPRESS LIMITED at £74.7m based on an EBITDA of £7m and a 10.61x industry multiple (adjusted for size and gross margin).
first transpennine express limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of FIRST TRANSPENNINE EXPRESS LIMITED at £0 based on Net Assets of £-19.6m and 2.63x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
First Transpennine Express LimitedOverview
First Transpennine Express Limited is a live company located in london, W2 1AF with a Companies House number of 09111801. It operates in the passenger rail transport, interurban sector, SIC Code 49100. Founded in July 2014, it's largest shareholder is
first rail holdings ltd
with a 100% stake. First Transpennine Express Limited is a established,
large sized company, Pomanda has estimated its turnover at
£50.8m with
declining
growth in recent years.
Pomanda's financial health check has awarded First Transpennine Express Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £50.8m, make it larger than the average company (£7.3m)
£50.8m - First Transpennine Express Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -51%, show it is growing at a slower rate (8.1%)
-51% - First Transpennine Express Limited
8.1% - Industry AVG
Production
with a gross margin of 22.8%, this company has a comparable cost of product (22.8%)
22.8% - First Transpennine Express Limited
22.8% - Industry AVG
Profitability
an operating margin of 5.2% make it more profitable than the average company (1.9%)
5.2% - First Transpennine Express Limited
1.9% - Industry AVG
Employees
with 254 employees, this is above the industry average (108)
254 - First Transpennine Express Limited
108 - Industry AVG
Pay Structure
on an average salary of £66.8k, the company has an equivalent pay structure (£56.8k)
£66.8k - First Transpennine Express Limited
£56.8k - Industry AVG
Efficiency
resulting in sales per employee of £199.9k, this is equally as efficient (£199.8k)
£199.9k - First Transpennine Express Limited
£199.8k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (17 days)
6 days - First Transpennine Express Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (23 days)
1 days - First Transpennine Express Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - First Transpennine Express Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 20 weeks, this is average cash available to meet short term requirements (21 weeks)
20 weeks - First Transpennine Express Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 160.5%, this is a higher level of debt than the average (61.9%)
160.5% - First Transpennine Express Limited
61.9% - Industry AVG
FIRST TRANSPENNINE EXPRESS LIMITED financials
EXPORT
First Transpennine Express Limited's latest turnover from March 2024 is £50.8 million and the company has net assets of -£19.6 million. According to their latest financial statements, First Transpennine Express Limited has 254 employees and maintains cash reserves of £20.6 million 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
50,772,000
443,861,000
429,771,000
437,705,000
290,248,000
268,616,000
258,561,000
241,407,000
Other Income Or Grants
Cost Of Sales
39,211,756
335,102,975
325,006,698
368,763,608
229,675,445
205,812,156
185,153,989
168,826,864
Gross Profit
11,560,244
108,758,025
104,764,302
68,941,392
60,572,555
62,803,844
73,407,011
72,580,136
Admin Expenses
8,902,244
97,765,025
96,782,302
-4,008,608
60,572,555
62,901,844
186,861,011
72,605,136
1,107,000
Operating Profit
2,658,000
10,993,000
7,982,000
72,950,000
-98,000
-113,454,000
-25,000
-1,107,000
Interest Payable
154,000
1,084,000
3,901,000
2,144,000
239,000
Interest Receivable
627,000
670,000
43,000
323,000
370,000
395,000
180,000
108,000
Pre-Tax Profit
3,131,000
11,663,000
8,025,000
72,189,000
-3,531,000
-1,847,000
-113,513,000
83,000
-1,107,000
Tax
3,086,000
-4,945,000
2,562,000
-13,400,000
-3,054,000
710,000
19,376,000
-49,000
221,000
Profit After Tax
6,217,000
6,718,000
10,587,000
58,789,000
-6,585,000
-1,137,000
-94,137,000
34,000
-886,000
Dividends Paid
Retained Profit
6,217,000
6,718,000
10,587,000
58,789,000
-6,585,000
-1,137,000
-94,137,000
34,000
-886,000
Employee Costs
16,964,000
96,608,000
93,018,000
88,716,000
88,408,000
73,435,000
64,645,000
59,292,000
Number Of Employees
254
1,605
1,511
1,435
1,321
1,147
1,103
1,066
1
EBITDA*
7,044,000
22,639,000
16,829,000
80,679,000
5,925,000
3,130,000
-111,736,000
519,000
-1,107,000
* 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
5,675,000
11,903,000
18,586,000
24,863,000
22,951,000
13,810,000
3,947,000
Intangible Assets
26,000
197,000
359,000
2,226,000
2,438,000
2,620,000
1,873,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
5,701,000
12,100,000
18,945,000
27,089,000
25,389,000
16,430,000
5,820,000
Stock & work in progress
261,000
250,000
147,000
114,000
132,000
122,000
143,000
Trade Debtors
946,000
51,383,000
24,345,000
33,757,000
60,587,000
79,646,000
37,047,000
26,167,000
Group Debtors
27,000
30,000
2,254,000
7,800,000
870,000
65,000
Misc Debtors
10,862,000
54,172,000
26,173,000
9,722,000
47,179,000
24,240,000
23,320,000
4,387,000
221,000
Cash
20,615,000
51,253,000
50,298,000
64,621,000
55,968,000
82,654,000
60,913,000
44,973,000
20,000,000
misc current assets
total current assets
32,450,000
157,099,000
103,320,000
116,047,000
164,718,000
186,737,000
121,402,000
75,670,000
20,221,000
total assets
32,450,000
162,800,000
115,420,000
134,992,000
191,807,000
212,126,000
137,832,000
81,490,000
20,221,000
Bank overdraft
Bank loan
Trade Creditors
202,000
23,907,000
19,396,000
8,657,000
27,589,000
17,886,000
11,390,000
9,919,000
Group/Directors Accounts
36,955,000
44,605,000
4,744,000
4,611,000
6,413,000
10,000,000
11,198,000
963,000
other short term finances
hp & lease commitments
other current liabilities
14,926,000
114,964,000
73,734,000
112,058,000
148,585,000
180,151,000
115,089,000
50,677,000
1,107,000
total current liabilities
52,083,000
183,476,000
97,874,000
125,326,000
182,587,000
208,037,000
137,677,000
61,559,000
1,107,000
loans
45,913,000
45,913,000
46,166,000
22,267,000
15,390,000
19,704,000
19,572,000
hp & lease commitments
Accruals and Deferred Income
1,385,000
4,504,000
12,843,000
other liabilities
5,174,000
provisions
2,816,000
2,404,000
52,155,000
77,181,000
79,200,000
680,000
total long term liabilities
5,174,000
50,114,000
52,821,000
111,164,000
99,448,000
94,590,000
20,384,000
19,572,000
total liabilities
52,083,000
188,650,000
147,988,000
178,147,000
293,751,000
307,485,000
232,267,000
81,943,000
20,679,000
net assets
-19,633,000
-25,850,000
-32,568,000
-43,155,000
-101,944,000
-95,359,000
-94,435,000
-453,000
-458,000
total shareholders funds
-19,633,000
-25,850,000
-32,568,000
-43,155,000
-101,944,000
-95,359,000
-94,435,000
-453,000
-458,000
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Operating Activities
Operating Profit
2,658,000
10,993,000
7,982,000
72,950,000
-98,000
-113,454,000
-25,000
-1,107,000
Depreciation
4,360,000
11,475,000
8,475,000
7,515,000
5,713,000
3,046,000
1,607,000
544,000
Amortisation
26,000
171,000
372,000
214,000
212,000
182,000
111,000
Tax
3,086,000
-4,945,000
2,562,000
-13,400,000
-3,054,000
710,000
19,376,000
-49,000
221,000
Stock
-261,000
11,000
103,000
33,000
-18,000
10,000
-21,000
143,000
Debtors
-93,750,000
52,813,000
1,493,000
-57,357,000
4,685,000
43,584,000
29,813,000
30,333,000
221,000
Creditors
-23,705,000
4,511,000
10,739,000
-18,932,000
9,703,000
6,496,000
1,471,000
9,919,000
Accruals and Deferred Income
-100,038,000
39,845,000
-41,443,000
-44,866,000
-18,723,000
65,062,000
64,412,000
49,570,000
1,107,000
Deferred Taxes & Provisions
-2,816,000
412,000
-49,751,000
-25,026,000
-2,019,000
78,520,000
680,000
Cash flow from operations
-19,602,000
6,410,000
-12,497,000
11,054,000
-35,842,000
29,785,000
22,251,000
30,163,000
Investing Activities
capital expenditure
1,315,000
-5,247,000
-2,002,000
415,000
-7,625,000
-12,187,000
-12,328,000
-6,364,000
Change in Investments
cash flow from investments
1,315,000
-5,247,000
-2,002,000
415,000
-7,625,000
-12,187,000
-12,328,000
-6,364,000
Financing Activities
Bank loans
Group/Directors Accounts
-7,650,000
39,861,000
133,000
-1,802,000
-3,587,000
-1,198,000
10,235,000
963,000
Other Short Term Loans
Long term loans
-45,913,000
-253,000
23,899,000
6,877,000
-4,314,000
132,000
19,572,000
Hire Purchase and Lease Commitments
other long term liabilities
-5,174,000
5,174,000
share issue
213,000
155,000
-29,000
428,000
interest
473,000
670,000
43,000
-761,000
-3,531,000
-1,749,000
-59,000
108,000
cash flow from financing
-12,351,000
-208,000
176,000
-2,816,000
16,781,000
4,143,000
6,017,000
1,174,000
20,000,000
cash and cash equivalents
cash
-30,638,000
955,000
-14,323,000
8,653,000
-26,686,000
21,741,000
15,940,000
24,973,000
20,000,000
overdraft
change in cash
-30,638,000
955,000
-14,323,000
8,653,000
-26,686,000
21,741,000
15,940,000
24,973,000
20,000,000
first transpennine express 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 first transpennine express limited. Get real-time insights into first transpennine express limited's credit score, group structure and payment trends.
First Transpennine Express Limited Competitor Analysis
Perform a competitor analysis for first transpennine express limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in W 2 area or any other competitors across 12 key performance metrics.
first transpennine express limited Ownership
FIRST TRANSPENNINE EXPRESS LIMITED group structure
First Transpennine Express Limited has no subsidiary companies.
The sole shareholder of First Transpennine Express Limited is First Rail Holdings Ltd.
first rail holdings ltd
100%
first transpennine express limited directors
First Transpennine Express Limited currently has 4 directors.
The longest serving directors include
Mr Stephen Montgomery (Sep 2015) and
Mr Clive Burrows (Apr 2016).
8th floor the point, 37 north wharf road, london, W2 1AF
Bank
-
Legal Advisor
-
first transpennine express 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 first transpennine express limited.
first transpennine express 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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first transpennine express limitedCompanies House Filings - See Documents
