fast despatch logistics limited
fast despatch logistics limited Company Information
Company Number
11142249
Website
fastdespatch.comRegistered Address
85a kings dyke, whittlesey, peterborough, PE7 1PG
Industry
Freight transport by road
Telephone
-
Next Accounts Due
181 days late
Group Structure
View All
Directors
Gurvinder Birk6 Years
Shareholders
gurvinder singh birk 100%
fast despatch logistics limited Estimated Valuation
Pomanda estimates the enterprise value of FAST DESPATCH LOGISTICS LIMITED at £1.5m based on a Turnover of £3.9m and 0.37x industry multiple (adjusted for size and gross margin).
fast despatch logistics limited Estimated Valuation
Pomanda estimates the enterprise value of FAST DESPATCH LOGISTICS LIMITED at £0 based on an EBITDA of £-1.4m and a 3.4x industry multiple (adjusted for size and gross margin).
fast despatch logistics limited Estimated Valuation
Pomanda estimates the enterprise value of FAST DESPATCH LOGISTICS LIMITED at £3m based on Net Assets of £1.2m and 2.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Fast Despatch Logistics Limited Overview
Fast Despatch Logistics Limited is a live company located in peterborough, PE7 1PG with a Companies House number of 11142249. It operates in the freight transport by road sector, SIC Code 49410. Founded in January 2018, it's largest shareholder is gurvinder singh birk with a 100% stake. Fast Despatch Logistics Limited is a young, small sized company, Pomanda has estimated its turnover at £3.9m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Fast Despatch Logistics Limited Health Check
Pomanda's financial health check has awarded Fast Despatch Logistics Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £3.9m, make it smaller than the average company (£9.4m)
- Fast Despatch Logistics Limited
£9.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 7260%, show it is growing at a faster rate (5.6%)
- Fast Despatch Logistics Limited
5.6% - Industry AVG
Production
with a gross margin of 14.2%, this company has a higher cost of product (21.3%)
- Fast Despatch Logistics Limited
21.3% - Industry AVG
Profitability
an operating margin of -35.1% make it less profitable than the average company (5.5%)
- Fast Despatch Logistics Limited
5.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (62)
6 - Fast Despatch Logistics Limited
62 - Industry AVG
Pay Structure
on an average salary of £37.6k, the company has an equivalent pay structure (£37.6k)
- Fast Despatch Logistics Limited
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £652.1k, this is more efficient (£126.4k)
- Fast Despatch Logistics Limited
£126.4k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (58 days)
- Fast Despatch Logistics Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 210 days, this is slower than average (33 days)
- Fast Despatch Logistics Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fast Despatch Logistics Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fast Despatch Logistics Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.8%, this is a similar level of debt than the average (63.6%)
61.8% - Fast Despatch Logistics Limited
63.6% - Industry AVG
FAST DESPATCH LOGISTICS LIMITED financials
Fast Despatch Logistics Limited's latest turnover from July 2022 is estimated at £3.9 million and the company has net assets of £1.2 million. According to their latest financial statements, Fast Despatch Logistics Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2022 | Jul 2021 | Jul 2020 | Jan 2019 | |
|---|---|---|---|---|
| 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 | 6 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2022 | Jul 2021 | Jul 2020 | Jan 2019 | |
|---|---|---|---|---|
| Tangible Assets | 2,991,500 | 2,438,500 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 713 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,992,213 | 2,438,500 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 134,209 | 1,483,019 | 0 | 2 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 1,044,785 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 134,209 | 1,483,019 | 1,044,785 | 2 |
| total assets | 3,126,422 | 3,921,519 | 1,044,785 | 2 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,932,708 | 1,353,500 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 557,038 | 0 |
| total current liabilities | 1,932,708 | 1,353,500 | 557,038 | 0 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 1,932,708 | 1,353,500 | 557,038 | 0 |
| net assets | 1,193,714 | 2,568,019 | 487,747 | 2 |
| total shareholders funds | 1,193,714 | 2,568,019 | 487,747 | 2 |
| Jul 2022 | Jul 2021 | Jul 2020 | Jan 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -1,348,810 | 1,483,019 | -2 | 2 |
| Creditors | 579,208 | 1,353,500 | 0 | 0 |
| Accruals and Deferred Income | 0 | -557,038 | 557,038 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 713 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | -1,044,785 | 1,044,785 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | -1,044,785 | 1,044,785 | 0 |
fast despatch logistics limited Credit Report and Business Information
Fast Despatch Logistics Limited Competitor Analysis
Perform a competitor analysis for fast despatch logistics limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in PE7 area or any other competitors across 12 key performance metrics.
fast despatch logistics limited Ownership
FAST DESPATCH LOGISTICS LIMITED group structure
Fast Despatch Logistics Limited has no subsidiary companies.
Ultimate parent company
FAST DESPATCH LOGISTICS LIMITED
11142249
fast despatch logistics limited directors
Fast Despatch Logistics Limited currently has 1 director, Mr Gurvinder Birk serving since Jan 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gurvinder Birk | United Kingdom | 39 years | Jan 2018 | - | Director |
P&L
July 2022turnover
3.9m
-28%
operating profit
-1.4m
0%
gross margin
14.3%
+7.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2022net assets
1.2m
-0.54%
total assets
3.1m
-0.2%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
fast despatch logistics limited company details
company number
11142249
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
January 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2022
previous names
N/A
accountant
-
auditor
-
address
85a kings dyke, whittlesey, peterborough, PE7 1PG
Bank
-
Legal Advisor
-
fast despatch logistics 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 found 11 charges/mortgages relating to fast despatch logistics limited. Currently there are 10 open charges and 1 have been satisfied in the past.
fast despatch logistics limited Companies House Filings - See Documents
| date | description | view/download |
|---|
