drysdale freight limited

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drysdale freight limited Company Information

Share DRYSDALE FREIGHT LIMITED

Company Number

SC295970

Shareholders

robin hogg drysdale

alexander william scougall

Group Structure

View All

Industry

Freight transport by road

 

Registered Address

tower farm, cockburnspath, berwickshire, TD13 5YU

drysdale freight limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of DRYSDALE FREIGHT LIMITED at £1.1m based on a Turnover of £2.1m and 0.52x industry multiple (adjusted for size and gross margin).

drysdale freight limited Estimated Valuation

£712.3k

Pomanda estimates the enterprise value of DRYSDALE FREIGHT LIMITED at £712.3k based on an EBITDA of £186.5k and a 3.82x industry multiple (adjusted for size and gross margin).

drysdale freight limited Estimated Valuation

£6.7m

Pomanda estimates the enterprise value of DRYSDALE FREIGHT LIMITED at £6.7m based on Net Assets of £2.8m and 2.39x industry multiple (adjusted for liquidity).

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Drysdale Freight Limited Overview

Drysdale Freight Limited is a live company located in berwickshire, TD13 5YU with a Companies House number of SC295970. It operates in the freight transport by road sector, SIC Code 49410. Founded in January 2006, it's largest shareholder is robin hogg drysdale with a 100% stake. Drysdale Freight Limited is a established, small sized company, Pomanda has estimated its turnover at £2.1m with declining growth in recent years.

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Drysdale Freight Limited Health Check

Pomanda's financial health check has awarded Drysdale Freight Limited a 3 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

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £2.1m, make it smaller than the average company (£9.3m)

£2.1m - Drysdale Freight Limited

£9.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (9.1%)

-2% - Drysdale Freight Limited

9.1% - Industry AVG

production

Production

with a gross margin of 22.7%, this company has a comparable cost of product (22.7%)

22.7% - Drysdale Freight Limited

22.7% - Industry AVG

profitability

Profitability

an operating margin of 0.8% make it less profitable than the average company (4.8%)

0.8% - Drysdale Freight Limited

4.8% - Industry AVG

employees

Employees

with 20 employees, this is below the industry average (60)

20 - Drysdale Freight Limited

60 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)

£40.9k - Drysdale Freight Limited

£40.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £107.1k, this is less efficient (£135.8k)

£107.1k - Drysdale Freight Limited

£135.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is near the average (52 days)

60 days - Drysdale Freight Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (31 days)

25 days - Drysdale Freight Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is more than average (1 days)

3 days - Drysdale Freight Limited

1 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 391 weeks, this is more cash available to meet short term requirements (13 weeks)

391 weeks - Drysdale Freight Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16%, this is a lower level of debt than the average (60.9%)

16% - Drysdale Freight Limited

60.9% - Industry AVG

DRYSDALE FREIGHT LIMITED financials

EXPORTms excel logo

Drysdale Freight Limited's latest turnover from April 2024 is estimated at £2.1 million and the company has net assets of £2.8 million. According to their latest financial statements, Drysdale Freight Limited has 20 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover2,142,9671,903,1192,440,2942,295,0622,123,4422,794,3083,173,4243,593,4403,420,5726,105,5196,180,0486,855,1935,690,5887,139,3464,806,969
Other Income Or Grants
Cost Of Sales1,657,5641,496,3101,920,4381,822,6951,698,6062,248,5292,546,4242,853,7282,732,9694,951,0785,031,6775,588,8894,624,1235,725,4703,779,290
Gross Profit485,404406,809519,855472,366424,835545,779627,000739,712687,6021,154,4401,148,3721,266,3041,066,4651,413,8761,027,679
Admin Expenses469,164456,382365,03930,278465,712397,601533,912509,414594,0941,051,1281,009,918810,667895,6161,194,793-501,775
Operating Profit16,240-49,573154,816442,088-40,877148,17893,088230,29893,508103,312138,454455,637170,849219,0831,529,454
Interest Payable28,12525,62516,87515,25017,50914,1837,07512,4098,955
Interest Receivable57,88146,1577,2445522281,1969026171,6611,6641,0801,2541,4681,549819
Pre-Tax Profit45,996-29,041145,185427,390-58,158135,19186,915218,50686,214104,976139,534456,891172,317220,6321,530,272
Tax-11,499-27,585-81,204-25,686-16,514-41,516-17,243-20,995-29,302-105,085-41,356-57,364-428,476
Profit After Tax34,497-29,041117,600346,186-58,158109,50570,401176,99068,97183,981110,232351,806130,961163,2681,101,796
Dividends Paid
Retained Profit34,497-29,041117,600346,186-58,158109,50570,401176,99068,97183,981110,232351,806130,961163,2681,101,796
Employee Costs817,568830,052864,370758,751719,5361,051,3591,050,6731,132,942948,6581,631,4071,646,8101,845,5961,515,4131,926,4801,362,089
Number Of Employees202123222131323530535562526748
EBITDA*186,457159,151301,642617,597157,762405,28793,088555,125478,774484,977519,517764,537491,010510,7261,826,678

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets1,291,0611,332,6161,329,4901,433,8891,335,5281,583,8741,744,8861,812,8662,074,2662,026,4042,061,9131,893,4141,818,5791,657,6811,206,486
Intangible Assets25,00050,00075,000100,000125,000150,000
Investments & Other11111
Debtors (Due After 1 year)17,60115,73517,887
Total Fixed Assets1,308,6621,348,3511,347,3771,433,8901,335,5291,583,8751,744,8871,812,8672,074,2662,051,4042,111,9131,968,4141,918,5791,782,6811,356,486
Stock & work in progress17,87418,72919,18236,16523,27720,73840,39134,91736,85518,69339,15030,65623,71111,7219,749
Trade Debtors357,551293,783466,853356,741373,864566,526565,241681,387692,062745,600776,130872,167557,903852,180537,504
Group Debtors6,999624,999624,999624,999624,999625,000
Misc Debtors90,48369,06861,88092,282223,61914,63813,18712,34824,4841,1175644,54313,896
Cash1,089,7621,115,2381,056,865874,822228,890227,15891,747269,166224,304439,962225,587206,443295,106292,254327,419
misc current assets443,001388,494413,200381,600
total current assets1,998,6711,885,3122,017,9801,748,6091,474,6491,454,0591,335,5651,622,8171,602,7051,205,3721,041,4311,109,266881,2631,170,051874,672
total assets3,307,3333,233,6633,365,3573,182,4992,810,1783,037,9343,080,4523,435,6843,676,9713,256,7763,153,3443,077,6802,799,8422,952,7322,231,158
Bank overdraft74,07146,156121,548275,537
Bank loan
Trade Creditors 114,48682,469166,449146,019103,750113,287167,283227,055197,5461,156,1921,097,8311,192,9421,278,5121,522,4951,016,469
Group/Directors Accounts17,433325,926513,215645,262
other short term finances
hp & lease commitments10,30063,33460,001330,757
other current liabilities30,35447,96279,13021,25664,03990,30951,008172,79484,170
total current liabilities144,840130,431245,579167,275167,789305,400653,7071,094,6131,533,2721,156,1921,097,8311,192,9421,278,5121,522,4951,016,469
loans250,000250,000250,000250,000250,000250,00050,000
hp & lease commitments6,36916,66653,33415,624
Accruals and Deferred Income
other liabilities30,434105,11154,16741,66771,03521,840
provisions133,398108,63496,139109,18582,536108,154101,57399,632116,960128,00692,23982,64083,53894,03890,953
total long term liabilities383,398358,634346,139359,185332,536364,523168,239152,966132,584158,440197,350136,807125,205165,073112,793
total liabilities528,238489,065591,718526,460500,325669,923821,9461,247,5791,665,8561,314,6321,295,1811,329,7491,403,7171,687,5681,129,262
net assets2,779,0952,744,5982,773,6392,656,0392,309,8532,368,0112,258,5062,188,1052,011,1151,942,1441,858,1631,747,9311,396,1251,265,1641,101,896
total shareholders funds2,779,0952,744,5982,773,6392,656,0392,309,8532,368,0112,258,5062,188,1052,011,1151,942,1441,858,1631,747,9311,396,1251,265,1641,101,896
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit16,240-49,573154,816442,088-40,877148,17893,088230,29893,508103,312138,454455,637170,849219,0831,529,454
Depreciation170,217208,724146,826175,509198,639257,109324,827360,266356,665356,063283,900295,161266,643272,224
Amortisation25,00025,00025,00025,00025,00025,00025,000
Tax-11,499-27,585-81,204-25,686-16,514-41,516-17,243-20,995-29,302-105,085-41,356-57,364-428,476
Stock-855-453-16,98312,8882,539-19,6535,474-1,93818,162-20,4578,4946,94511,9901,9729,749
Debtors87,049-168,03490,598-766,46016,3192,736-115,307-22,812594,829-29,977-95,473309,721-303,630328,572537,504
Creditors32,017-83,98020,43042,269-9,537-53,996-59,77229,509-958,64658,361-95,111-85,570-243,983506,0261,016,469
Accruals and Deferred Income-17,608-31,16857,874-42,783-26,27039,301-121,78688,62484,170
Deferred Taxes & Provisions24,76412,495-13,04626,649-25,6186,5811,941-17,328-11,04635,7679,599-898-10,5003,08590,953
Cash flow from operations127,937224,985265,7001,316,10077,479388,4046,790639,164-1,036,982608,544491,682256,318486,811631,9291,958,371
Investing Activities
capital expenditure-128,662-211,850-42,427-273,87049,707-96,09767,980-63,427-408,128-321,156-524,562-358,735-456,059-717,838-1,653,710
Change in Investments-11
cash flow from investments-128,662-211,850-42,426-273,87049,707-96,09767,980-63,428-408,128-321,156-524,562-358,735-456,059-717,838-1,653,710
Financing Activities
Bank loans
Group/Directors Accounts-17,433-308,493-187,289-132,047645,262
Other Short Term Loans
Long term loans200,00050,000
Hire Purchase and Lease Commitments-16,669-63,331-33,335-233,046346,381
other long term liabilities-30,434-74,67750,94412,500-29,36849,19521,840
share issue100
interest29,75620,532-9,631-14,698-17,281-12,987-6,173-11,792-7,2941,6641,0801,2541,4681,549819
cash flow from financing29,75620,532-9,631-14,698-51,383-184,811-176,797-376,885953,915-73,01352,02413,754-27,90050,74422,759
cash and cash equivalents
cash-25,47658,373182,043645,9321,732135,411-177,41944,862-215,658214,37519,144-88,6632,852-35,165327,419
overdraft-74,07127,915-75,392-153,989275,537
change in cash-25,47658,373182,043645,93275,803107,496-102,027198,851-491,195214,37519,144-88,6632,852-35,165327,419

drysdale freight limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Drysdale Freight Limited Competitor Analysis

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Perform a competitor analysis for drysdale freight limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in TD13 area or any other competitors across 12 key performance metrics.

drysdale freight limited Ownership

DRYSDALE FREIGHT LIMITED group structure

Drysdale Freight Limited has 1 subsidiary company.

Ultimate parent company

DRYSDALE FREIGHT LIMITED

SC295970

1 subsidiary

DRYSDALE FREIGHT LIMITED Shareholders

robin hogg drysdale 100%
alexander william scougall 0%

drysdale freight limited directors

Drysdale Freight Limited currently has 3 directors. The longest serving directors include Mr Robin Drysdale (Jan 2006) and Mr Alexander Scougall (Jan 2006).

officercountryagestartendrole
Mr Robin DrysdaleUnited Kingdom77 years Jan 2006- Director
Mr Alexander ScougallScotland65 years Jan 2006- Director
Mr Robert DrysdaleScotland52 years Jan 2006- Director

P&L

April 2024

turnover

2.1m

+13%

operating profit

16.2k

0%

gross margin

22.7%

+5.97%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

2.8m

+0.01%

total assets

3.3m

+0.02%

cash

1.1m

-0.02%

net assets

Total assets minus all liabilities

drysdale freight limited company details

company number

SC295970

Type

Private limited with Share Capital

industry

49410 - Freight transport by road

incorporation date

January 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

FAIRHURST ACCOUNTANTS LTD

auditor

-

address

tower farm, cockburnspath, berwickshire, TD13 5YU

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

drysdale freight 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 1 charges/mortgages relating to drysdale freight limited. Currently there are 1 open charges and 0 have been satisfied in the past.

drysdale freight 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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drysdale freight limited Companies House Filings - See Documents

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