edward miles removals, storage, shipping ltd
edward miles removals, storage, shipping ltd Company Information
Company Number
09235597
Website
www.edwardmiles.co.ukRegistered Address
unit 1a, colnbrook trading estat, old bath road, slough, berks, SL3 0NJ
Industry
Removal services
Telephone
02035658647
Next Accounts Due
June 2025
Group Structure
View All
Directors
Edward Miles10 Years
Shareholders
edward paul miles 51%
laura elizabeth toni miles 49%
edward miles removals, storage, shipping ltd Estimated Valuation
Pomanda estimates the enterprise value of EDWARD MILES REMOVALS, STORAGE, SHIPPING LTD at £355k based on a Turnover of £711.8k and 0.5x industry multiple (adjusted for size and gross margin).
edward miles removals, storage, shipping ltd Estimated Valuation
Pomanda estimates the enterprise value of EDWARD MILES REMOVALS, STORAGE, SHIPPING LTD at £1.2m based on an EBITDA of £253.8k and a 4.63x industry multiple (adjusted for size and gross margin).
edward miles removals, storage, shipping ltd Estimated Valuation
Pomanda estimates the enterprise value of EDWARD MILES REMOVALS, STORAGE, SHIPPING LTD at £763.5k based on Net Assets of £300.8k and 2.54x industry multiple (adjusted for liquidity).
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Edward Miles Removals, Storage, Shipping Ltd Overview
Edward Miles Removals, Storage, Shipping Ltd is a live company located in slough, SL3 0NJ with a Companies House number of 09235597. It operates in the removal services sector, SIC Code 49420. Founded in September 2014, it's largest shareholder is edward paul miles with a 51% stake. Edward Miles Removals, Storage, Shipping Ltd is a established, small sized company, Pomanda has estimated its turnover at £711.8k with healthy growth in recent years.
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Edward Miles Removals, Storage, Shipping Ltd Health Check
Pomanda's financial health check has awarded Edward Miles Removals, Storage, Shipping Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £711.8k, make it in line with the average company (£844.7k)
- Edward Miles Removals, Storage, Shipping Ltd
£844.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.7%)
- Edward Miles Removals, Storage, Shipping Ltd
6.7% - Industry AVG
Production
with a gross margin of 35.9%, this company has a comparable cost of product (35.9%)
- Edward Miles Removals, Storage, Shipping Ltd
35.9% - Industry AVG
Profitability
an operating margin of 20.3% make it more profitable than the average company (7.1%)
- Edward Miles Removals, Storage, Shipping Ltd
7.1% - Industry AVG
Employees
with 7 employees, this is below the industry average (14)
7 - Edward Miles Removals, Storage, Shipping Ltd
14 - Industry AVG
Pay Structure
on an average salary of £35.5k, the company has an equivalent pay structure (£35.5k)
- Edward Miles Removals, Storage, Shipping Ltd
£35.5k - Industry AVG
Efficiency
resulting in sales per employee of £101.7k, this is more efficient (£82.7k)
- Edward Miles Removals, Storage, Shipping Ltd
£82.7k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is later than average (20 days)
- Edward Miles Removals, Storage, Shipping Ltd
20 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is slower than average (22 days)
- Edward Miles Removals, Storage, Shipping Ltd
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Edward Miles Removals, Storage, Shipping Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Edward Miles Removals, Storage, Shipping Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.2%, this is a higher level of debt than the average (63.6%)
70.2% - Edward Miles Removals, Storage, Shipping Ltd
63.6% - Industry AVG
EDWARD MILES REMOVALS, STORAGE, SHIPPING LTD financials
Edward Miles Removals, Storage, Shipping Ltd's latest turnover from September 2023 is estimated at £711.8 thousand and the company has net assets of £300.8 thousand. According to their latest financial statements, Edward Miles Removals, Storage, Shipping Ltd has 7 employees and maintains cash reserves of £3.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 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 | 7 | 7 | 7 | 6 | 6 | 4 | 4 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 326,807 | 397,257 | 131,285 | 95,162 | 42,187 | 56,250 | 42,645 | 48,345 | 46,388 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 441,646 | 381,646 | 381,646 | 381,646 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 768,453 | 778,903 | 512,931 | 476,808 | 42,187 | 56,250 | 42,645 | 48,345 | 46,388 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 58,610 | 87,670 | 122,678 | 63,176 | 72,846 | 54,457 | 40,644 | 6,338 | 7,123 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 180,395 | 238,368 | 181,354 | 9,275 | 6,258 | 1,230 | 1,230 | 6,150 | 4,920 |
| Cash | 3,116 | 31,964 | 54,319 | 93,191 | 344,410 | 11,405 | 51,550 | 28,699 | 35,765 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 3,133 | 3,112 | 481 | 0 |
| total current assets | 242,121 | 358,002 | 358,351 | 165,642 | 423,514 | 70,225 | 96,536 | 41,668 | 47,808 |
| total assets | 1,010,574 | 1,136,905 | 871,282 | 642,450 | 465,701 | 126,475 | 139,181 | 90,013 | 94,196 |
| Bank overdraft | 0 | 0 | 23,200 | 0 | 23,200 | 0 | 0 | 0 | 0 |
| Bank loan | 23,200 | 23,200 | 0 | 23,200 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 39,540 | 86,002 | 4,306 | 7,411 | 5,798 | 2,433 | 8,166 | 1,290 | 50,787 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 1,725 | 287 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 86,831 | 107,471 | 19,223 | 9,551 | 6,646 | 11,759 | 10,790 | 9,860 | 0 |
| other current liabilities | 173,540 | 198,626 | 237,331 | 164,782 | 73,510 | 61,322 | 55,161 | 47,281 | 0 |
| total current liabilities | 323,111 | 415,299 | 284,060 | 204,944 | 109,154 | 77,239 | 74,404 | 58,431 | 50,787 |
| loans | 208,658 | 261,853 | 313,380 | 342,417 | 265,315 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 120,188 | 176,033 | 23,221 | 18,817 | 0 | 7,196 | 18,249 | 29,039 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39,572 |
| provisions | 57,800 | 70,902 | 20,075 | 12,570 | 8,015 | 11,250 | 8,529 | 9,669 | 3,600 |
| total long term liabilities | 386,646 | 508,788 | 356,676 | 373,804 | 273,330 | 18,446 | 26,778 | 38,708 | 43,172 |
| total liabilities | 709,757 | 924,087 | 640,736 | 578,748 | 382,484 | 95,685 | 101,182 | 97,139 | 93,959 |
| net assets | 300,817 | 212,818 | 230,546 | 63,702 | 83,217 | 30,790 | 37,999 | -7,126 | 237 |
| total shareholders funds | 300,817 | 212,818 | 230,546 | 63,702 | 83,217 | 30,790 | 37,999 | -7,126 | 237 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 108,939 | 132,423 | 43,764 | 31,722 | 14,063 | 18,752 | 13,662 | 15,425 | 7,507 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -87,033 | 22,006 | 231,581 | -6,653 | 23,417 | 13,813 | 29,386 | 445 | 12,043 |
| Creditors | -46,462 | 81,696 | -3,105 | 1,613 | 3,365 | -5,733 | 6,876 | -49,497 | 50,787 |
| Accruals and Deferred Income | -25,086 | -38,705 | 72,549 | 91,272 | 12,188 | 6,161 | 7,880 | 47,281 | 0 |
| Deferred Taxes & Provisions | -13,102 | 50,827 | 7,505 | 4,555 | -3,235 | 2,721 | -1,140 | 6,069 | 3,600 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 60,000 | 0 | 0 | 381,646 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 23,200 | -23,200 | 23,200 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -1,725 | 1,438 | 287 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -53,195 | -51,527 | -29,037 | 77,102 | 265,315 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -76,485 | 241,060 | 14,076 | 21,722 | -12,309 | -10,084 | -9,860 | 38,899 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -39,572 | 39,572 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -28,848 | -22,355 | -38,872 | -251,219 | 333,005 | -40,145 | 22,851 | -7,066 | 35,765 |
| overdraft | 0 | -23,200 | 23,200 | -23,200 | 23,200 | 0 | 0 | 0 | 0 |
| change in cash | -28,848 | 845 | -62,072 | -228,019 | 309,805 | -40,145 | 22,851 | -7,066 | 35,765 |
edward miles removals, storage, shipping ltd Credit Report and Business Information
Edward Miles Removals, Storage, Shipping Ltd Competitor Analysis
Perform a competitor analysis for edward miles removals, storage, shipping ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in SL3 area or any other competitors across 12 key performance metrics.
edward miles removals, storage, shipping ltd Ownership
EDWARD MILES REMOVALS, STORAGE, SHIPPING LTD group structure
Edward Miles Removals, Storage, Shipping Ltd has no subsidiary companies.
Ultimate parent company
EDWARD MILES REMOVALS, STORAGE, SHIPPING LTD
09235597
edward miles removals, storage, shipping ltd directors
Edward Miles Removals, Storage, Shipping Ltd currently has 1 director, Mr Edward Miles serving since Sep 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Miles | England | 32 years | Sep 2014 | - | Director |
P&L
September 2023turnover
711.8k
-22%
operating profit
144.9k
0%
gross margin
36%
+3.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
300.8k
+0.41%
total assets
1m
-0.11%
cash
3.1k
-0.9%
net assets
Total assets minus all liabilities
edward miles removals, storage, shipping ltd company details
company number
09235597
Type
Private limited with Share Capital
industry
49420 - Removal services
incorporation date
September 2014
age
10
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
September 2023
address
unit 1a, colnbrook trading estat, old bath road, slough, berks, SL3 0NJ
accountant
J N FLANAGAN ATT (FELLOW)
auditor
-
edward miles removals, storage, shipping 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 edward miles removals, storage, shipping ltd.
edward miles removals, storage, shipping ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
