cgc couriers ltd Company Information
Company Number
09835225
Website
-Registered Address
third floor 196 deansgate, manchester, M3 3WF
Industry
Freight transport by road
Telephone
01613880882
Next Accounts Due
215 days late
Group Structure
View All
Shareholders
gavin david francis 50%
craig francis 50%
cgc couriers ltd Estimated Valuation
Pomanda estimates the enterprise value of CGC COURIERS LTD at £7.9m based on a Turnover of £17.7m and 0.45x industry multiple (adjusted for size and gross margin).
cgc couriers ltd Estimated Valuation
Pomanda estimates the enterprise value of CGC COURIERS LTD at £2.4m based on an EBITDA of £569.5k and a 4.16x industry multiple (adjusted for size and gross margin).
cgc couriers ltd Estimated Valuation
Pomanda estimates the enterprise value of CGC COURIERS LTD at £1.9m based on Net Assets of £725.5k and 2.58x industry multiple (adjusted for liquidity).
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Cgc Couriers Ltd Overview
Cgc Couriers Ltd is a live company located in manchester, M3 3WF with a Companies House number of 09835225. It operates in the freight transport by road sector, SIC Code 49410. Founded in October 2015, it's largest shareholder is gavin david francis with a 50% stake. Cgc Couriers Ltd is a young, mid sized company, Pomanda has estimated its turnover at £17.7m with rapid growth in recent years.
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Cgc Couriers Ltd Health Check
Pomanda's financial health check has awarded Cgc Couriers Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £17.7m, make it larger than the average company (£10.2m)
- Cgc Couriers Ltd
£10.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 133%, show it is growing at a faster rate (2.6%)
- Cgc Couriers Ltd
2.6% - Industry AVG
Production
with a gross margin of 13.5%, this company has a higher cost of product (20.7%)
- Cgc Couriers Ltd
20.7% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (5.2%)
- Cgc Couriers Ltd
5.2% - Industry AVG
Employees
with 30 employees, this is below the industry average (72)
30 - Cgc Couriers Ltd
72 - Industry AVG
Pay Structure
on an average salary of £35.9k, the company has an equivalent pay structure (£35.9k)
- Cgc Couriers Ltd
£35.9k - Industry AVG
Efficiency
resulting in sales per employee of £590.8k, this is more efficient (£123.8k)
- Cgc Couriers Ltd
£123.8k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (59 days)
- Cgc Couriers Ltd
59 days - Industry AVG
Creditor Days
its suppliers are paid after 102 days, this is slower than average (34 days)
- Cgc Couriers Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cgc Couriers Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Cgc Couriers Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.9%, this is a higher level of debt than the average (64.6%)
86.9% - Cgc Couriers Ltd
64.6% - Industry AVG
cgc couriers ltd Credit Report and Business Information
Cgc Couriers Ltd Competitor Analysis
Perform a competitor analysis for cgc couriers ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
cgc couriers ltd Ownership
CGC COURIERS LTD group structure
Cgc Couriers Ltd has no subsidiary companies.
Ultimate parent company
CGC COURIERS LTD
09835225
cgc couriers ltd directors
Cgc Couriers Ltd currently has 2 directors. The longest serving directors include Mr Craig Francis (Jul 2016) and Mr Gavin Francis (Nov 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Craig Francis | England | 52 years | Jul 2016 | - | Director |
Mr Gavin Francis | United Kingdom | 47 years | Nov 2016 | - | Director |
CGC COURIERS LTD financials
Cgc Couriers Ltd's latest turnover from December 2021 is estimated at £17.7 million and the company has net assets of £725.5 thousand. According to their latest financial statements, Cgc Couriers Ltd has 30 employees and maintains cash reserves of £34.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Oct 2016 | |
---|---|---|---|---|---|---|
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 | 30 | 30 | 2 | 1 | 1 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Oct 2016 | |
---|---|---|---|---|---|---|
Tangible Assets | 792,551 | 109,637 | 74,755 | 38,548 | 33,191 | 0 |
Intangible Assets | 239,584 | 18,673 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,032,135 | 128,310 | 74,755 | 38,548 | 33,191 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 4,451,811 | 1,983,693 | 659,921 | 318,920 | 386,407 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 154,873 | 537,189 | 9,003 | 0 |
Cash | 34,056 | 60,565 | 675 | 20,223 | 3,435 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,485,867 | 2,044,258 | 815,469 | 876,332 | 398,845 | 0 |
total assets | 5,518,002 | 2,172,568 | 890,224 | 914,880 | 432,036 | 0 |
Bank overdraft | 0 | 0 | 0 | 29,524 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 4,285,109 | 1,726,806 | 78,637 | 384,393 | 58,520 | 0 |
Group/Directors Accounts | 0 | 0 | 29,272 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 817,099 | 613,242 | 650,523 | 0 |
total current liabilities | 4,285,109 | 1,726,806 | 925,008 | 1,027,159 | 709,043 | 0 |
loans | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 486,535 | 91,599 | 67,664 | 0 | 45,636 | 0 |
provisions | 20,831 | 20,831 | 0 | 0 | 0 | 0 |
total long term liabilities | 507,366 | 112,430 | 67,664 | 0 | 45,636 | 0 |
total liabilities | 4,792,475 | 1,839,236 | 992,672 | 1,027,159 | 754,679 | 0 |
net assets | 725,527 | 333,332 | -102,448 | -112,279 | -322,643 | 0 |
total shareholders funds | 725,527 | 333,332 | -102,448 | -112,279 | -322,643 | 0 |
Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Oct 2016 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | 60,846 | 29,397 | 17,669 | 8,595 | 3,446 | |
Amortisation | 24,534 | 1,727 | 0 | 0 | 0 | |
Tax | ||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 2,468,118 | 1,168,899 | -41,315 | 460,699 | 395,410 | 0 |
Creditors | 2,558,303 | 1,648,169 | -305,756 | 325,873 | 58,520 | 0 |
Accruals and Deferred Income | 0 | -817,099 | 203,857 | -37,281 | 650,523 | 0 |
Deferred Taxes & Provisions | 0 | 20,831 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -29,272 | 29,272 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 394,936 | 23,935 | 67,664 | -45,636 | 45,636 | 0 |
share issue | ||||||
interest | ||||||
cash flow from financing | ||||||
cash and cash equivalents | ||||||
cash | -26,509 | 59,890 | -19,548 | 16,788 | 3,435 | 0 |
overdraft | 0 | 0 | -29,524 | 29,524 | 0 | 0 |
change in cash | -26,509 | 59,890 | 9,976 | -12,736 | 3,435 | 0 |
P&L
December 2021turnover
17.7m
+115%
operating profit
484.1k
0%
gross margin
13.5%
+3.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
725.5k
+1.18%
total assets
5.5m
+1.54%
cash
34.1k
-0.44%
net assets
Total assets minus all liabilities
cgc couriers ltd company details
company number
09835225
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
October 2015
age
9
accounts
Unaudited Abridged
ultimate parent company
previous names
brooks deliveries ltd (July 2016)
incorporated
UK
address
third floor 196 deansgate, manchester, M3 3WF
last accounts submitted
December 2021
cgc couriers 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 found 2 charges/mortgages relating to cgc couriers ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
cgc couriers ltd Companies House Filings - See Documents
date | description | view/download |
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