speedy freight holdings limited
speedy freight holdings limited Company Information
Company Number
13452348
Next Accounts
Aug 2025
Shareholders
michael robert smith
nominee of bgf investments lp
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
puro house, unit 2 the pavilions, cranford drive, knutsford busine, cheshire, WA16 8ZR
Website
-speedy freight holdings limited Estimated Valuation
Pomanda estimates the enterprise value of SPEEDY FREIGHT HOLDINGS LIMITED at £93.8m based on a Turnover of £56.6m and 1.66x industry multiple (adjusted for size and gross margin).
speedy freight holdings limited Estimated Valuation
Pomanda estimates the enterprise value of SPEEDY FREIGHT HOLDINGS LIMITED at £23.7m based on an EBITDA of £3.4m and a 6.93x industry multiple (adjusted for size and gross margin).
speedy freight holdings limited Estimated Valuation
Pomanda estimates the enterprise value of SPEEDY FREIGHT HOLDINGS LIMITED at £7.5m based on Net Assets of £5.8m and 1.31x industry multiple (adjusted for liquidity).
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Speedy Freight Holdings Limited Overview
Speedy Freight Holdings Limited is a live company located in cheshire, WA16 8ZR with a Companies House number of 13452348. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in June 2021, it's largest shareholder is michael robert smith with a 52.4% stake. Speedy Freight Holdings Limited is a startup, large sized company, Pomanda has estimated its turnover at £56.6m with unknown growth in recent years.
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Speedy Freight Holdings Limited Health Check
Pomanda's financial health check has awarded Speedy Freight Holdings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £56.6m, make it larger than the average company (£18.8m)
£56.6m - Speedy Freight Holdings Limited
£18.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Speedy Freight Holdings Limited
- - Industry AVG
Production
with a gross margin of 13.8%, this company has a higher cost of product (34.7%)
13.8% - Speedy Freight Holdings Limited
34.7% - Industry AVG
Profitability
an operating margin of 1.2% make it less profitable than the average company (4.6%)
1.2% - Speedy Freight Holdings Limited
4.6% - Industry AVG
Employees
with 96 employees, this is similar to the industry average (102)
96 - Speedy Freight Holdings Limited
102 - Industry AVG
Pay Structure
on an average salary of £59.9k, the company has a higher pay structure (£43k)
£59.9k - Speedy Freight Holdings Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £589.2k, this is more efficient (£186.8k)
£589.2k - Speedy Freight Holdings Limited
£186.8k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (45 days)
66 days - Speedy Freight Holdings Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (45 days)
19 days - Speedy Freight Holdings Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Speedy Freight Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - Speedy Freight Holdings Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79%, this is a higher level of debt than the average (69%)
79% - Speedy Freight Holdings Limited
69% - Industry AVG
SPEEDY FREIGHT HOLDINGS LIMITED financials
Speedy Freight Holdings Limited's latest turnover from November 2023 is £56.6 million and the company has net assets of £5.8 million. According to their latest financial statements, Speedy Freight Holdings Limited has 96 employees and maintains cash reserves of £804.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | |
|---|---|---|
| Turnover | 56,562,913 | 101,194,566 |
| Other Income Or Grants | ||
| Cost Of Sales | 48,768,603 | 87,359,291 |
| Gross Profit | 7,794,310 | 13,835,275 |
| Admin Expenses | 7,113,796 | 6,644,344 |
| Operating Profit | 680,514 | 7,190,931 |
| Interest Payable | 1,166,694 | 2,055,566 |
| Interest Receivable | 7,155 | 21,785 |
| Pre-Tax Profit | -1,895,874 | 3,149,947 |
| Tax | 63,606 | -1,078,096 |
| Profit After Tax | -1,832,268 | 2,071,851 |
| Dividends Paid | 764,000 | |
| Retained Profit | -2,596,268 | 2,071,851 |
| Employee Costs | 5,753,070 | 5,439,276 |
| Number Of Employees | 96 | 94 |
| EBITDA* | 3,425,303 | 9,925,995 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | |
|---|---|---|
| Tangible Assets | 1,505,093 | 1,113,880 |
| Intangible Assets | 12,759,866 | 14,473,376 |
| Investments & Other | ||
| Debtors (Due After 1 year) | 39,824 | 23,864 |
| Total Fixed Assets | 14,304,783 | 15,611,120 |
| Stock & work in progress | ||
| Trade Debtors | 10,284,886 | 11,893,083 |
| Group Debtors | ||
| Misc Debtors | 1,963,294 | 2,260,983 |
| Cash | 804,442 | 797,513 |
| misc current assets | ||
| total current assets | 13,052,622 | 14,951,579 |
| total assets | 27,357,405 | 30,562,699 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 2,651,718 | 835,670 |
| Group/Directors Accounts | ||
| other short term finances | 2,318,390 | 1,860,966 |
| hp & lease commitments | 409,874 | 219,837 |
| other current liabilities | 5,238,249 | 7,229,268 |
| total current liabilities | 10,618,231 | 10,145,741 |
| loans | 9,650,000 | 10,650,000 |
| hp & lease commitments | 748,140 | 624,383 |
| Accruals and Deferred Income | 141,667 | |
| other liabilities | ||
| provisions | 588,424 | 652,030 |
| total long term liabilities | 10,986,564 | 12,068,080 |
| total liabilities | 21,604,795 | 22,213,821 |
| net assets | 5,752,610 | 8,348,878 |
| total shareholders funds | 5,752,610 | 8,348,878 |
| Nov 2023 | Nov 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | 680,514 | 7,190,931 |
| Depreciation | 423,519 | 177,610 |
| Amortisation | 2,321,270 | 2,557,454 |
| Tax | 63,606 | -1,078,096 |
| Stock | ||
| Debtors | -1,889,926 | 14,177,930 |
| Creditors | 1,816,048 | 835,670 |
| Accruals and Deferred Income | -2,132,686 | 7,370,935 |
| Deferred Taxes & Provisions | -63,606 | 652,030 |
| Cash flow from operations | 4,998,591 | 3,528,604 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | ||
| Other Short Term Loans | 457,424 | 1,860,966 |
| Long term loans | -1,000,000 | 10,650,000 |
| Hire Purchase and Lease Commitments | 313,794 | 844,220 |
| other long term liabilities | ||
| share issue | ||
| interest | -1,159,539 | -2,033,781 |
| cash flow from financing | -1,388,321 | 17,598,432 |
| cash and cash equivalents | ||
| cash | 6,929 | 797,513 |
| overdraft | ||
| change in cash | 6,929 | 797,513 |
speedy freight holdings limited Credit Report and Business Information
Speedy Freight Holdings Limited Competitor Analysis
Perform a competitor analysis for speedy freight holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in WA16 area or any other competitors across 12 key performance metrics.
speedy freight holdings limited Ownership
SPEEDY FREIGHT HOLDINGS LIMITED group structure
Speedy Freight Holdings Limited has 2 subsidiary companies.
Ultimate parent company
SPEEDY FREIGHT HOLDINGS LIMITED
13452348
2 subsidiaries
speedy freight holdings limited directors
Speedy Freight Holdings Limited currently has 5 directors. The longest serving directors include Mr Michael Smith (Jun 2021) and Mr Michael Smith (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Smith | England | 55 years | Jun 2021 | - | Director |
| Mr Michael Smith | United Kingdom | 55 years | Jun 2021 | - | Director |
| Mr Matthew Widdall | 52 years | Jul 2021 | - | Director | |
| Mr Richard Francis | England | 64 years | Jul 2021 | - | Director |
| Mr John Munnelly | United Kingdom | 49 years | Jul 2021 | - | Director |
P&L
November 2023turnover
56.6m
-44%
operating profit
680.5k
-91%
gross margin
13.8%
+0.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
5.8m
-0.31%
total assets
27.4m
-0.1%
cash
804.4k
+0.01%
net assets
Total assets minus all liabilities
Similar Companies
speedy freight holdings limited company details
company number
13452348
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
June 2021
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
AZETS AUDIT SERVICES
address
puro house, unit 2 the pavilions, cranford drive, knutsford busine, cheshire, WA16 8ZR
Bank
-
Legal Advisor
-
speedy freight holdings 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 3 charges/mortgages relating to speedy freight holdings limited. Currently there are 2 open charges and 1 have been satisfied in the past.
speedy freight holdings 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.
Click to start generating capital raising & share issue transactions for SPEEDY FREIGHT HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
speedy freight holdings limited Companies House Filings - See Documents
| date | description | view/download |
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