north star south limited
north star south limited Company Information
Company Number
00455971
Next Accounts
Sep 2025
Industry
Sea and coastal freight water transport
Shareholders
north star holdco limited
Group Structure
View All
Contact
Registered Address
columbus buildings waveney road, lowestoft, suffolk, NR32 1BN
north star south limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH STAR SOUTH LIMITED at £24.7m based on a Turnover of £33.4m and 0.74x industry multiple (adjusted for size and gross margin).
north star south limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH STAR SOUTH LIMITED at £12m based on an EBITDA of £5.1m and a 2.34x industry multiple (adjusted for size and gross margin).
north star south limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH STAR SOUTH LIMITED at £17.1m based on Net Assets of £12.5m and 1.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
North Star South Limited Overview
North Star South Limited is a live company located in suffolk, NR32 1BN with a Companies House number of 00455971. It operates in the sea and coastal freight water transport sector, SIC Code 50200. Founded in June 1948, it's largest shareholder is north star holdco limited with a 100% stake. North Star South Limited is a mature, large sized company, Pomanda has estimated its turnover at £33.4m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
North Star South Limited Health Check
Pomanda's financial health check has awarded North Star South Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £33.4m, make it larger than the average company (£8.1m)
£33.4m - North Star South Limited
£8.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (8.5%)
22% - North Star South Limited
8.5% - Industry AVG
Production
with a gross margin of 3.3%, this company has a higher cost of product (36.3%)
3.3% - North Star South Limited
36.3% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (12.1%)
-4.9% - North Star South Limited
12.1% - Industry AVG
Employees
with 39 employees, this is above the industry average (14)
39 - North Star South Limited
14 - Industry AVG
Pay Structure
on an average salary of £39.7k, the company has a lower pay structure (£64.6k)
£39.7k - North Star South Limited
£64.6k - Industry AVG
Efficiency
resulting in sales per employee of £857.3k, this is more efficient (£597.3k)
£857.3k - North Star South Limited
£597.3k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (30 days)
53 days - North Star South Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (27 days)
20 days - North Star South Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (18 days)
11 days - North Star South Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is average cash available to meet short term requirements (13 weeks)
14 weeks - North Star South Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.3%, this is a similar level of debt than the average (57.8%)
61.3% - North Star South Limited
57.8% - Industry AVG
NORTH STAR SOUTH LIMITED financials
North Star South Limited's latest turnover from December 2023 is £33.4 million and the company has net assets of £12.5 million. According to their latest financial statements, North Star South Limited has 39 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Apr 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 33,436,000 | 31,886,000 | 29,334,000 | 18,350,000 | 38,061,000 | 34,635,711 | 40,041,941 | 44,087,092 | 50,980,874 | 51,277,332 | 49,934,901 | 48,535,969 | 47,398,324 | 44,026,825 | 42,765,514 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 32,332,000 | 31,532,000 | 27,837,000 | 18,635,000 | 34,755,000 | 33,103,140 | 38,310,388 | 43,045,429 | 47,529,152 | 45,044,650 | 47,781,343 | 43,624,334 | 42,915,642 | 43,882,720 | 36,956,230 |
| Gross Profit | 1,104,000 | 354,000 | 1,497,000 | -285,000 | 3,306,000 | 1,532,571 | 1,731,553 | 1,041,663 | 3,451,722 | 6,232,682 | 2,153,558 | 4,911,635 | 4,482,682 | 144,105 | 5,809,284 |
| Admin Expenses | 2,728,000 | 3,200,000 | 2,348,000 | 1,661,000 | 16,818,000 | 3,866,191 | 3,233,531 | 3,888,919 | 2,649,384 | 2,945,880 | 3,318,974 | 3,320,766 | 3,218,365 | 3,597,713 | 3,833,106 |
| Operating Profit | -1,624,000 | -2,846,000 | -851,000 | -1,946,000 | -13,512,000 | -2,333,620 | -1,501,978 | -2,847,256 | 802,338 | 3,286,802 | -1,165,416 | 1,590,869 | 1,264,317 | -3,453,608 | 1,976,178 |
| Interest Payable | 1,044,000 | 524,000 | 470,000 | 315,000 | 194,000 | 110 | 35 | 39,064 | 0 | 15,432 | 0 | 0 | 0 | 28,418 | 12,744 |
| Interest Receivable | 0 | 0 | 0 | 0 | 9,000 | 8,946 | 3,254 | 8,451 | 129,680 | 10,510 | 38,511 | 85,389 | 166,255 | 244,293 | 181,351 |
| Pre-Tax Profit | -2,668,000 | -3,370,000 | -1,321,000 | -2,261,000 | -13,697,000 | -2,324,784 | -1,498,759 | -2,877,869 | 932,018 | 3,281,880 | -1,126,905 | 1,676,258 | 1,930,572 | -3,237,733 | 2,144,785 |
| Tax | 0 | 0 | -3,000 | -1,000 | -4,000 | -2,985 | -3,100 | -3,997 | -4,035 | -4,283 | -4,633 | -4,857 | -5,336 | -29,364 | -4,967 |
| Profit After Tax | -2,668,000 | -3,370,000 | -1,324,000 | -2,262,000 | -13,701,000 | -2,327,769 | -1,501,859 | -2,881,866 | 927,983 | 3,277,597 | -1,131,538 | 1,671,401 | 1,925,236 | -3,267,097 | 2,139,818 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,297,624 | 0 | 5,000,000 | 5,000,000 | 0 | 5,832,604 | 0 |
| Retained Profit | -2,668,000 | -3,370,000 | -1,324,000 | -2,262,000 | -13,701,000 | -2,327,769 | -1,501,859 | -2,881,866 | -10,369,641 | 3,277,597 | -6,131,538 | -3,328,599 | 1,925,236 | -9,099,701 | 2,139,818 |
| Employee Costs | 1,548,000 | 2,298,000 | 1,875,000 | 1,413,000 | 2,440,000 | 1,229,322 | 1,642,505 | 1,498,946 | 1,450,097 | 1,638,501 | 1,645,718 | 1,460,310 | 985,244 | 0 | 0 |
| Number Of Employees | 39 | 39 | 37 | 38 | 40 | 42 | 40 | 45 | 46 | 45 | 45 | 44 | 33 | ||
| EBITDA* | 5,130,000 | 5,055,000 | 4,295,000 | 1,661,000 | -8,294,000 | 3,204,318 | 5,632,466 | 5,826,958 | 9,984,394 | 11,359,077 | 3,087,126 | 5,638,776 | 4,849,494 | 1,942,744 | 6,756,391 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Apr 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 23,485,000 | 25,077,000 | 30,014,000 | 24,864,000 | 26,828,000 | 11,040,447 | 40,194,520 | 43,743,511 | 49,349,050 | 53,082,000 | 47,950,812 | 51,663,175 | 55,666,529 | 48,062,101 | 41,604,445 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 25,941,382 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,010,212 | 10,715,535 | 15,295,293 | 19,778,209 | 19,143,733 | 5,719,792 |
| Total Fixed Assets | 23,485,000 | 25,077,000 | 30,014,000 | 24,864,000 | 26,828,000 | 36,981,829 | 40,194,522 | 43,743,513 | 49,349,052 | 64,092,214 | 58,666,349 | 66,958,470 | 75,444,740 | 67,205,836 | 47,324,239 |
| Stock & work in progress | 1,048,000 | 1,141,000 | 723,000 | 519,000 | 360,000 | 631,571 | 537,179 | 336,997 | 289,789 | 435,394 | 973,084 | 1,005,479 | 1,022,366 | 741,969 | 695,575 |
| Trade Debtors | 4,920,000 | 4,709,000 | 4,870,000 | 2,962,000 | 3,821,000 | 6,991,473 | 6,768,826 | 5,089,286 | 5,731,037 | 8,960,503 | 7,024,596 | 5,505,715 | 6,270,802 | 5,042,734 | 6,499,623 |
| Group Debtors | 582,000 | 11,000 | 477,000 | 0 | 6,000 | 1,206,701 | 235,347 | 174,195 | 126,476 | 34,347 | 377,471 | 928,820 | 133,183 | 153,435 | 878,557 |
| Misc Debtors | 1,152,000 | 734,000 | 164,000 | 1,004,000 | 821,000 | 984,134 | 756,109 | 678,986 | 819,630 | 1,066,255 | 756,248 | 866,983 | 691,782 | 837,613 | 894,563 |
| Cash | 1,168,000 | 2,176,000 | 974,000 | 5,399,000 | 5,325,000 | 2,575,368 | 2,897,831 | 3,455,993 | 5,443,527 | 2,549,438 | 1,303,368 | 4,127,163 | 1,776,908 | 3,823,064 | 11,102,404 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,870,000 | 8,771,000 | 7,208,000 | 9,884,000 | 10,333,000 | 12,389,247 | 11,195,292 | 9,735,457 | 12,410,459 | 13,045,937 | 10,434,767 | 12,434,160 | 9,895,041 | 10,598,815 | 20,070,722 |
| total assets | 32,355,000 | 33,848,000 | 37,222,000 | 34,748,000 | 37,161,000 | 49,371,076 | 51,389,814 | 53,478,970 | 61,759,511 | 77,138,151 | 69,101,116 | 79,392,630 | 85,339,781 | 77,804,651 | 67,394,961 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,805,000 | 2,217,000 | 1,278,000 | 2,139,000 | 2,000,000 | 689,103 | 988,023 | 796,183 | 1,294,548 | 2,002,110 | 1,478,213 | 1,145,731 | 849,333 | 0 | 0 |
| Group/Directors Accounts | 2,188,000 | 800,000 | 5,504,000 | 677,000 | 982,000 | 22,773,054 | 22,188,293 | 23,109,456 | 25,452,199 | 21,953,204 | 20,992,395 | 22,065,981 | 22,778,956 | 26,314,373 | 15,471,321 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 335,000 | 136,000 | 136,000 | 304,000 | 288,000 | 589,685 | 577,115 | 487,220 | 900,261 | 878,035 | 1,615,224 | 2,062,346 | 1,947,986 | 1,396,671 | 2,588,060 |
| total current liabilities | 4,328,000 | 3,153,000 | 6,918,000 | 3,120,000 | 3,270,000 | 24,051,842 | 23,753,431 | 24,392,859 | 27,647,008 | 24,833,349 | 24,085,832 | 25,274,058 | 25,576,275 | 27,711,044 | 18,059,381 |
| loans | 15,500,000 | 15,500,000 | 11,739,000 | 11,739,000 | 11,740,000 | 0 | 0 | 0 | 2,249,706 | 10,126,037 | 12,351,156 | 15,354,148 | 17,595,605 | 9,857,728 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,500,000 | 15,500,000 | 11,739,000 | 11,739,000 | 11,740,000 | 0 | 0 | 0 | 2,249,706 | 10,126,037 | 12,351,156 | 15,354,148 | 17,595,605 | 9,857,728 | 0 |
| total liabilities | 19,828,000 | 18,653,000 | 18,657,000 | 14,859,000 | 15,010,000 | 24,051,842 | 23,753,431 | 24,392,859 | 29,896,714 | 34,959,386 | 36,436,988 | 40,628,206 | 43,171,880 | 37,568,772 | 18,059,381 |
| net assets | 12,527,000 | 15,195,000 | 18,565,000 | 19,889,000 | 22,151,000 | 25,319,234 | 27,636,383 | 29,086,111 | 31,862,797 | 42,178,765 | 32,664,128 | 38,764,424 | 42,167,901 | 40,235,879 | 49,335,580 |
| total shareholders funds | 12,527,000 | 15,195,000 | 18,565,000 | 19,889,000 | 22,151,000 | 25,319,234 | 27,636,383 | 29,086,111 | 31,862,797 | 42,178,765 | 32,664,128 | 38,764,424 | 42,167,901 | 40,235,879 | 49,335,580 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Apr 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -1,624,000 | -2,846,000 | -851,000 | -1,946,000 | -13,512,000 | -2,333,620 | -1,501,978 | -2,847,256 | 802,338 | 3,286,802 | -1,165,416 | 1,590,869 | 1,264,317 | -3,453,608 | 1,976,178 |
| Depreciation | 6,754,000 | 7,901,000 | 5,146,000 | 3,607,000 | 5,218,000 | 5,537,938 | 7,134,444 | 8,674,214 | 9,182,056 | 8,072,275 | 4,252,542 | 4,047,907 | 3,585,177 | 5,396,352 | 4,780,213 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | -3,000 | -1,000 | -4,000 | -2,985 | -3,100 | -3,997 | -4,035 | -4,283 | -4,633 | -4,857 | -5,336 | -29,364 | -4,967 |
| Stock | -93,000 | 418,000 | 204,000 | 519,000 | 360,000 | 94,392 | 200,182 | 47,208 | -145,605 | -537,690 | -32,395 | -16,887 | 280,397 | 46,394 | 695,575 |
| Debtors | 1,200,000 | -57,000 | 1,545,000 | 3,966,000 | 4,648,000 | 1,422,026 | 1,817,815 | -734,676 | -14,394,174 | 2,197,467 | -3,722,961 | -4,277,165 | 1,696,461 | 11,184,980 | 13,992,535 |
| Creditors | -412,000 | 939,000 | -861,000 | 2,139,000 | 2,000,000 | -298,920 | 191,840 | -498,365 | -707,562 | 523,897 | 332,482 | 296,398 | 849,333 | 0 | 0 |
| Accruals and Deferred Income | 199,000 | 0 | -168,000 | 304,000 | 288,000 | 12,570 | 89,895 | -413,041 | 22,226 | -737,189 | -447,122 | 114,360 | 551,315 | -1,191,389 | 2,588,060 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,810,000 | 5,633,000 | 1,514,000 | -382,000 | -11,018,000 | 1,398,565 | 3,893,104 | 5,599,023 | 23,834,802 | 9,481,725 | 6,723,209 | 10,338,729 | 4,267,948 | -10,509,383 | -5,348,626 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 25,941,380 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,388,000 | -4,704,000 | 4,827,000 | 677,000 | 982,000 | 584,761 | -921,163 | -2,342,743 | 3,498,995 | 960,809 | -1,073,586 | -712,975 | -3,535,417 | 10,843,052 | 15,471,321 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 3,761,000 | 0 | 11,739,000 | 11,740,000 | 0 | 0 | -2,249,706 | -7,876,331 | -2,225,119 | -3,002,992 | -2,241,457 | 7,737,877 | 9,857,728 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -1,044,000 | -524,000 | -470,000 | -315,000 | -185,000 | 8,836 | 3,219 | -30,613 | 129,680 | -4,922 | 38,511 | 85,389 | 166,255 | 215,875 | 168,607 |
| cash flow from financing | 344,000 | -1,467,000 | 4,357,000 | 34,252,000 | 48,389,000 | 604,217 | -865,813 | -4,517,882 | -4,193,983 | 4,967,808 | -4,006,825 | -2,943,921 | 4,375,501 | 20,916,655 | 62,835,690 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,008,000 | 1,202,000 | -4,425,000 | 5,399,000 | 5,325,000 | -322,463 | -558,162 | -1,987,534 | 2,894,089 | 1,246,070 | -2,823,795 | 2,350,255 | -2,046,156 | -7,279,340 | 11,102,404 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,008,000 | 1,202,000 | -4,425,000 | 5,399,000 | 5,325,000 | -322,463 | -558,162 | -1,987,534 | 2,894,089 | 1,246,070 | -2,823,795 | 2,350,255 | -2,046,156 | -7,279,340 | 11,102,404 |
north star south limited Credit Report and Business Information
North Star South Limited Competitor Analysis
Perform a competitor analysis for north star south limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in NR32 area or any other competitors across 12 key performance metrics.
north star south limited Ownership
NORTH STAR SOUTH LIMITED group structure
North Star South Limited has 5 subsidiary companies.
Ultimate parent company
1 parent
NORTH STAR SOUTH LIMITED
00455971
5 subsidiaries
north star south limited directors
North Star South Limited currently has 3 directors. The longest serving directors include Mr Matthew Gordon (Jul 2020) and Mr Fraser Dobbie (Oct 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Gordon | Scotland | 48 years | Jul 2020 | - | Director |
| Mr Fraser Dobbie | Scotland | 38 years | Oct 2024 | - | Director |
| Ms Gitte Talmo | Scotland | 52 years | Dec 2024 | - | Director |
P&L
December 2023turnover
33.4m
+5%
operating profit
-1.6m
-43%
gross margin
3.4%
+197.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.5m
-0.18%
total assets
32.4m
-0.04%
cash
1.2m
-0.46%
net assets
Total assets minus all liabilities
north star south limited company details
company number
00455971
Type
Private limited with Share Capital
industry
50200 - Sea and coastal freight water transport
incorporation date
June 1948
age
76
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
boston putford offshore safety limited (December 2024)
putford enterprises limited (November 2001)
accountant
-
auditor
ANDERSON ANDERSON & BROWN AUDIT LLP
address
columbus buildings waveney road, lowestoft, suffolk, NR32 1BN
Bank
BANK OF SCOTLAND
Legal Advisor
-
north star south 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 103 charges/mortgages relating to north star south limited. Currently there are 33 open charges and 70 have been satisfied in the past.
north star south 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 NORTH STAR SOUTH LIMITED. This can take several minutes, an email will notify you when this has completed.
north star south limited Companies House Filings - See Documents
| date | description | view/download |
|---|
