direct haulage ltd
direct haulage ltd Company Information
Company Number
NI617930
Next Accounts
Aug 2025
Shareholders
ws specialist logistics ltd
Group Structure
View All
Industry
Freight transport by road
Registered Address
141 makenny road, irvinestown, enniskillen, county fermanagh, BT94 1HG
Website
-direct haulage ltd Estimated Valuation
Pomanda estimates the enterprise value of DIRECT HAULAGE LTD at £74.7k based on a Turnover of £184.4k and 0.41x industry multiple (adjusted for size and gross margin).
direct haulage ltd Estimated Valuation
Pomanda estimates the enterprise value of DIRECT HAULAGE LTD at £0 based on an EBITDA of £-5k and a 3x industry multiple (adjusted for size and gross margin).
direct haulage ltd Estimated Valuation
Pomanda estimates the enterprise value of DIRECT HAULAGE LTD at £1.9m based on Net Assets of £799k and 2.39x industry multiple (adjusted for liquidity).
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Direct Haulage Ltd Overview
Direct Haulage Ltd is a live company located in enniskillen, BT94 1HG with a Companies House number of NI617930. It operates in the freight transport by road sector, SIC Code 49410. Founded in April 2013, it's largest shareholder is ws specialist logistics ltd with a 100% stake. Direct Haulage Ltd is a established, micro sized company, Pomanda has estimated its turnover at £184.4k with declining growth in recent years.
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Direct Haulage Ltd Health Check
Pomanda's financial health check has awarded Direct Haulage Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £184.4k, make it smaller than the average company (£8.9m)
- Direct Haulage Ltd
£8.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -46%, show it is growing at a slower rate (8.9%)
- Direct Haulage Ltd
8.9% - Industry AVG
Production
with a gross margin of 14.5%, this company has a higher cost of product (22.7%)
- Direct Haulage Ltd
22.7% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (5.4%)
- Direct Haulage Ltd
5.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (58)
2 - Direct Haulage Ltd
58 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
- Direct Haulage Ltd
£40k - Industry AVG
Efficiency
resulting in sales per employee of £92.2k, this is less efficient (£135k)
- Direct Haulage Ltd
£135k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Direct Haulage Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Direct Haulage Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Direct Haulage Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (14 weeks)
26 weeks - Direct Haulage Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.3%, this is a lower level of debt than the average (61.4%)
11.3% - Direct Haulage Ltd
61.4% - Industry AVG
DIRECT HAULAGE LTD financials
Direct Haulage Ltd's latest turnover from November 2023 is estimated at £184.4 thousand and the company has net assets of £799 thousand. According to their latest financial statements, Direct Haulage Ltd has 2 employees and maintains cash reserves of £43.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 27 | 18 | 16 | 16 | 14 | 11 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 263,117 | 290,753 | 344,730 | 221,364 | 270,173 | 131,832 | 40,439 | ||||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 263,117 | 290,753 | 344,730 | 221,364 | 270,173 | 131,832 | 40,439 | ||||
| Stock & work in progress | 14,763 | 4,500 | 4,250 | 4,000 | 3,750 | 2,250 | 8,033 | ||||
| Trade Debtors | 878,614 | 826,086 | 760,692 | 424,800 | 459,750 | 223,863 | 50,162 | ||||
| Group Debtors | 791,284 | 791,284 | |||||||||
| Misc Debtors | 66,606 | 66,606 | 830,552 | 907,399 | 63,145 | 15,402 | |||||
| Cash | 43,367 | 72,005 | 84,964 | 61,516 | 80,620 | 146,033 | 120,167 | 368,456 | 75,420 | 66,582 | 65,495 |
| misc current assets | |||||||||||
| total current assets | 901,257 | 929,895 | 915,516 | 968,915 | 973,997 | 976,619 | 885,109 | 860,401 | 554,322 | 292,695 | 123,690 |
| total assets | 901,257 | 929,895 | 915,516 | 968,915 | 1,237,114 | 1,267,372 | 1,229,839 | 1,081,765 | 824,495 | 424,527 | 164,129 |
| Bank overdraft | |||||||||||
| Bank loan | 10,107 | 9,890 | 15,163 | 4,448 | |||||||
| Trade Creditors | 28,140 | 280,717 | 250,051 | 85,461 | 102,134 | 297,761 | 180,526 | 22,572 | |||
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | 60,367 | 31,700 | |||||||||
| other current liabilities | 76,437 | 89,886 | 90,933 | 140,915 | 98,021 | 238,507 | |||||
| total current liabilities | 86,544 | 99,776 | 106,096 | 173,503 | 280,717 | 250,051 | 243,849 | 372,341 | 297,761 | 180,526 | 22,572 |
| loans | 15,667 | 25,679 | 30,106 | 45,552 | 555 | 50,000 | |||||
| hp & lease commitments | 171,450 | 62,317 | |||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 14,600 | 204,950 | 114,750 | 151,487 | 60,364 | 93,364 | |||||
| provisions | 49,067 | 54,191 | 65,228 | 43,098 | |||||||
| total long term liabilities | 15,667 | 25,679 | 30,106 | 60,152 | 254,017 | 168,941 | 237,233 | 155,415 | 151,487 | 60,364 | 93,364 |
| total liabilities | 102,211 | 125,455 | 136,202 | 233,655 | 534,734 | 418,992 | 481,082 | 527,756 | 449,248 | 240,890 | 115,936 |
| net assets | 799,046 | 804,440 | 779,314 | 735,260 | 702,380 | 848,380 | 748,757 | 554,009 | 375,247 | 183,637 | 48,193 |
| total shareholders funds | 799,046 | 804,440 | 779,314 | 735,260 | 702,380 | 848,380 | 748,757 | 554,009 | 375,247 | 183,637 | 48,193 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 42,036 | 72,688 | 86,182 | 55,341 | 43,585 | 32,957 | 6,221 | ||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | -14,763 | 10,513 | 250 | 250 | 250 | 1,500 | -5,783 | 8,033 | |||
| Debtors | 27,338 | -76,847 | 28,785 | 117,922 | 65,394 | 272,747 | 12,793 | 251,289 | 173,701 | 50,162 | |
| Creditors | -28,140 | -252,577 | 195,256 | 164,590 | -16,673 | -195,627 | 117,235 | 157,954 | 22,572 | ||
| Accruals and Deferred Income | -13,449 | -1,047 | -49,982 | 140,915 | -98,021 | -98,021 | -140,486 | 238,507 | |||
| Deferred Taxes & Provisions | -49,067 | -16,161 | -11,037 | 22,130 | 43,098 | ||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 217 | -5,273 | 10,715 | 4,448 | |||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | -10,012 | -4,427 | -15,446 | 45,552 | -555 | -555 | -49,445 | 50,000 | |||
| Hire Purchase and Lease Commitments | -231,817 | -231,817 | 137,800 | 94,017 | |||||||
| other long term liabilities | -14,600 | -190,350 | 204,950 | 114,750 | -151,487 | 91,123 | -33,000 | 93,364 | |||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -28,638 | -12,959 | 23,448 | -19,104 | -39,547 | 25,866 | -248,289 | 293,036 | 8,838 | 1,087 | 65,495 |
| overdraft | |||||||||||
| change in cash | -28,638 | -12,959 | 23,448 | -19,104 | -39,547 | 25,866 | -248,289 | 293,036 | 8,838 | 1,087 | 65,495 |
direct haulage ltd Credit Report and Business Information
Direct Haulage Ltd Competitor Analysis
Perform a competitor analysis for direct haulage ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in BT94 area or any other competitors across 12 key performance metrics.
direct haulage ltd Ownership
DIRECT HAULAGE LTD group structure
Direct Haulage Ltd has no subsidiary companies.
Ultimate parent company
2 parents
DIRECT HAULAGE LTD
NI617930
direct haulage ltd directors
Direct Haulage Ltd currently has 2 directors. The longest serving directors include Mr Nigel McMullan (May 2015) and Mr Alvin Johnston (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel McMullan | Northern Ireland | 45 years | May 2015 | - | Director |
| Mr Alvin Johnston | 45 years | May 2017 | - | Director |
P&L
November 2023turnover
184.4k
0%
operating profit
-5k
0%
gross margin
14.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
799k
-0.01%
total assets
901.3k
-0.03%
cash
43.4k
-0.4%
net assets
Total assets minus all liabilities
direct haulage ltd company details
company number
NI617930
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
April 2013
age
12
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
141 makenny road, irvinestown, enniskillen, county fermanagh, BT94 1HG
Bank
-
Legal Advisor
-
direct haulage 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 direct haulage ltd.
direct haulage ltd 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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direct haulage ltd Companies House Filings - See Documents
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