Pomanda estimates the enterprise value of SKYE EXPRESS PARCELS LIMITED at £558.8k based on a Turnover of £1.3m and 0.43x industry multiple (adjusted for size and gross margin).
skye express parcels limitedEstimated Valuation
£413.7k
Pomanda estimates the enterprise value of SKYE EXPRESS PARCELS LIMITED at £413.7k based on an EBITDA of £127.8k and a 3.24x industry multiple (adjusted for size and gross margin).
skye express parcels limitedEstimated Valuation
£1.8m
Pomanda estimates the enterprise value of SKYE EXPRESS PARCELS LIMITED at £1.8m based on Net Assets of £794.8k and 2.23x industry multiple (adjusted for liquidity).
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Skye Express Parcels LimitedOverview
Skye Express Parcels Limited is a live company located in renfrew, PA4 8WF with a Companies House number of SC236088. It operates in the freight transport by road sector, SIC Code 49410. Founded in August 2002, it's largest shareholder is
josephine bernadette jamieson
with a 50% stake. Skye Express Parcels Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.3m with
declining
growth in recent years.
Pomanda's financial health check has awarded Skye Express Parcels Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£9m)
£1.3m - Skye Express Parcels Limited
£9m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (8.6%)
-11% - Skye Express Parcels Limited
8.6% - Industry AVG
Production
with a gross margin of 21.7%, this company has a comparable cost of product (21.7%)
21.7% - Skye Express Parcels Limited
21.7% - Industry AVG
Profitability
an operating margin of 8.6% make it more profitable than the average company (5.6%)
8.6% - Skye Express Parcels Limited
5.6% - Industry AVG
Employees
with 10 employees, this is below the industry average (59)
10 - Skye Express Parcels Limited
59 - Industry AVG
Pay Structure
on an average salary of £39.7k, the company has an equivalent pay structure (£39.7k)
£39.7k - Skye Express Parcels Limited
£39.7k - Industry AVG
Efficiency
resulting in sales per employee of £129.5k, this is equally as efficient (£133.4k)
£129.5k - Skye Express Parcels Limited
£133.4k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is near the average (52 days)
60 days - Skye Express Parcels Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (31 days)
38 days - Skye Express Parcels Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Skye Express Parcels Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 65 weeks, this is more cash available to meet short term requirements (14 weeks)
65 weeks - Skye Express Parcels Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.1%, this is a lower level of debt than the average (61.4%)
21.1% - Skye Express Parcels Limited
61.4% - Industry AVG
SKYE EXPRESS PARCELS LIMITED financials
EXPORT
Skye Express Parcels Limited's latest turnover from August 2023 is estimated at £1.3 million and the company has net assets of £794.8 thousand. According to their latest financial statements, Skye Express Parcels Limited has 10 employees and maintains cash reserves of £216.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
1,295,317
1,436,260
1,596,531
1,827,498
1,860,197
1,867,180
1,514,526
1,060,378
1,552,223
1,450,558
1,211,937
1,360,581
1,439,221
1,718,856
Other Income Or Grants
Cost Of Sales
1,014,710
1,132,296
1,265,884
1,464,514
1,495,514
1,498,597
1,206,231
842,847
1,258,201
1,180,266
991,458
1,109,428
1,161,304
1,346,368
Gross Profit
280,607
303,963
330,647
362,984
364,683
368,583
308,296
217,531
294,023
270,293
220,479
251,153
277,917
372,487
Admin Expenses
169,492
372,366
352,947
404,125
324,773
351,596
117,566
188,027
136,881
159,863
124,858
90,910
198,572
319,534
-149,925
Operating Profit
111,115
-68,403
-22,300
-41,141
39,910
16,987
190,730
29,504
157,142
110,430
95,621
160,243
79,345
52,953
149,925
Interest Payable
1
1
3,849
9,344
5,495
Interest Receivable
11,097
4,033
267
306
2,661
2,750
644
386
680
481
397
504
597
497
183
Pre-Tax Profit
122,212
-64,370
-22,033
-40,835
42,570
19,737
191,373
29,890
153,973
101,567
90,523
160,747
79,942
53,450
150,108
Tax
-30,553
-8,088
-3,750
-36,361
-5,978
-30,794
-21,329
-20,820
-38,579
-20,785
-14,966
-42,030
Profit After Tax
91,659
-64,370
-22,033
-40,835
34,482
15,987
155,012
23,912
123,178
80,238
69,703
122,168
59,157
38,484
108,078
Dividends Paid
Retained Profit
91,659
-64,370
-22,033
-40,835
34,482
15,987
155,012
23,912
123,178
80,238
69,703
122,168
59,157
38,484
108,078
Employee Costs
397,135
642,304
827,756
1,029,164
1,019,784
1,086,879
672,972
315,413
435,963
388,537
327,244
380,460
402,664
509,148
Number Of Employees
10
17
24
30
30
33
21
10
14
13
11
13
14
18
EBITDA*
127,799
-45,721
2,424
-14,049
63,653
38,252
213,403
53,969
184,230
137,796
119,944
179,648
96,296
71,605
172,088
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
554,526
298,344
309,426
325,815
340,107
321,850
333,115
345,788
358,838
375,926
375,377
370,284
21,795
25,959
34,611
Intangible Assets
833
833
10,833
20,833
30,833
40,833
50,833
60,833
70,833
80,833
90,833
100,833
110,833
120,833
130,833
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
555,359
299,177
320,259
346,648
370,940
362,683
383,948
406,621
429,671
456,759
466,210
471,117
132,628
146,792
165,444
Stock & work in progress
Trade Debtors
214,842
215,418
240,948
212,942
242,033
231,205
237,482
204,073
234,447
227,188
195,127
191,334
192,382
198,026
169,991
Group Debtors
Misc Debtors
20,094
160,349
131,657
106,818
82,564
36,311
34,899
42,847
60,725
33,773
27,816
Cash
216,495
206,233
254,674
279,278
332,371
377,133
356,102
158,959
150,205
121,805
70,701
88,270
113,370
125,581
73,340
misc current assets
total current assets
451,431
582,000
627,279
599,038
656,968
644,649
628,483
405,879
445,377
382,766
293,644
279,604
305,752
323,607
243,331
total assets
1,006,790
881,177
947,538
945,686
1,027,908
1,007,332
1,012,431
812,500
875,048
839,525
759,854
750,721
438,380
470,399
408,775
Bank overdraft
20
Bank loan
Trade Creditors
108,278
106,488
86,938
92,508
93,222
81,422
96,209
88,076
210,915
196,260
147,779
206,553
231,387
316,430
288,140
Group/Directors Accounts
2,993
other short term finances
hp & lease commitments
other current liabilities
64,294
68,532
89,030
58,300
97,721
125,390
133,942
96,236
total current liabilities
172,572
175,020
175,968
150,808
190,943
209,805
230,151
184,332
210,915
196,260
147,779
206,553
231,387
316,430
288,140
loans
118,441
169,078
hp & lease commitments
Accruals and Deferred Income
other liabilities
58,950
41,140
41,469
215,138
6,005
12,555
provisions
39,396
2,994
4,037
5,312
6,564
1,608
2,348
3,248
4,175
5,854
3,936
1,141
1,272
1,400
total long term liabilities
39,396
2,994
4,037
5,312
6,564
1,608
2,348
3,248
63,125
165,435
214,483
216,279
1,272
7,405
12,555
total liabilities
211,968
178,014
180,005
156,120
197,507
211,413
232,499
187,580
274,040
361,695
362,262
422,832
232,659
323,835
300,695
net assets
794,822
703,163
767,533
789,566
830,401
795,919
779,932
624,920
601,008
477,830
397,592
327,889
205,721
146,564
108,080
total shareholders funds
794,822
703,163
767,533
789,566
830,401
795,919
779,932
624,920
601,008
477,830
397,592
327,889
205,721
146,564
108,080
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
111,115
-68,403
-22,300
-41,141
39,910
16,987
190,730
29,504
157,142
110,430
95,621
160,243
79,345
52,953
149,925
Depreciation
16,684
12,682
14,724
17,092
13,743
11,265
12,673
14,465
17,088
17,366
14,323
9,405
6,951
8,652
12,163
Amortisation
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
Tax
-30,553
-8,088
-3,750
-36,361
-5,978
-30,794
-21,329
-20,820
-38,579
-20,785
-14,966
-42,030
Stock
Debtors
-140,831
3,162
52,845
-4,837
57,081
-4,865
25,461
-48,252
34,211
38,018
31,609
-1,048
-5,644
28,035
169,991
Creditors
1,790
19,550
-5,570
-714
11,800
-14,787
8,133
-122,839
14,655
48,481
-58,774
-24,834
-85,043
28,290
288,140
Accruals and Deferred Income
-4,238
-20,498
30,730
-39,421
-27,669
-8,552
37,706
96,236
Deferred Taxes & Provisions
36,402
-1,043
-1,275
-1,252
4,956
-740
-900
-927
-1,679
1,918
2,795
-131
-128
1,400
Cash flow from operations
272,031
-50,874
-26,536
-50,599
-12,429
15,288
196,520
68,713
132,201
128,848
11,536
117,152
-4,016
58,294
248,207
Investing Activities
capital expenditure
-272,866
-1,600
1,665
-2,800
-32,000
-1,415
-17,915
-19,416
-357,894
-2,787
-187,607
Change in Investments
cash flow from investments
-272,866
-1,600
1,665
-2,800
-32,000
-1,415
-17,915
-19,416
-357,894
-2,787
-187,607
Financing Activities
Bank loans
Group/Directors Accounts
-2,993
2,993
Other Short Term Loans
Long term loans
-118,441
-50,637
169,078
Hire Purchase and Lease Commitments
other long term liabilities
-58,950
17,810
-329
-173,669
215,138
-6,005
-6,550
12,555
share issue
2
interest
11,097
4,033
267
306
2,661
2,750
643
385
-3,169
-8,863
-5,098
504
597
497
183
cash flow from financing
11,097
4,033
267
306
-332
5,743
643
-58,565
-103,800
-59,829
-9,689
215,642
-5,408
-6,053
12,740
cash and cash equivalents
cash
10,262
-48,441
-24,604
-53,093
-44,762
21,031
197,143
8,754
28,400
51,104
-17,569
-25,100
-12,211
52,241
73,340
overdraft
-20
20
change in cash
10,262
-48,441
-24,604
-53,093
-44,762
21,031
197,163
8,734
28,400
51,104
-17,569
-25,100
-12,211
52,241
73,340
skye express parcels limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for skye express parcels limited. Get real-time insights into skye express parcels limited's credit score, group structure and payment trends.
Perform a competitor analysis for skye express parcels limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in PA4 area or any other competitors across 12 key performance metrics.
skye express parcels limited Ownership
SKYE EXPRESS PARCELS LIMITED group structure
Skye Express Parcels Limited has no subsidiary companies.
Ultimate parent company
SKYE EXPRESS PARCELS LIMITED
SC236088
SKYE EXPRESS PARCELS LIMITED Shareholders
The largest shareholders in Skye Express Parcels Limited include Josephine Bernadette Jamieson and Richard Hugh Fraser.
josephine bernadette jamieson
50%
richard hugh fraser
50%
skye express parcels limited directors
Skye Express Parcels Limited currently has 2 directors.
The longest serving directors include
Mr Richard Fraser (Aug 2002) and
Mr Barrie Jamieson (Apr 2015).
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 skye express parcels limited. Currently there are 0 open charges and 3 have been satisfied in the past.
skye express parcels 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.
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skye express parcels limitedCompanies House Filings - See Documents
