Nyk Energy Transport (atlantic) Limited

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nyk energy transport (atlantic) limited Company Information

Live

MatureMidDeclining

Company Number

02273580

Website

www.nykline.com

Registered Address

floor 19 1 cabot square, canary wharf, london, E14 4QJ

Industry

Sea and coastal freight water transport

Telephone

Next Accounts Due

December 2025

Group Structure

View All

Directors

Richard Beyer13 Years

Bryan Mowat5 Years

View All

Shareholders

nyk group europe ltd 100%

nyk energy transport (atlantic) limited Estimated Valuation

£102.1m

Pomanda estimates the enterprise value of NYK ENERGY TRANSPORT (ATLANTIC) LIMITED at £102.1m based on Net Assets of £65.2m and 1.57x industry multiple (adjusted for liquidity).

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Nyk Energy Transport (atlantic) Limited is a live company located in london, E14 4QJ with a Companies House number of 02273580. It operates in the sea and coastal freight water transport sector, SIC Code 50200. Founded in July 1988, it's largest shareholder is nyk group europe ltd with a 100% stake. Nyk Energy Transport (atlantic) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.5m with declining growth in recent years.

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Pomanda's financial health check has awarded Nyk Energy Transport (Atlantic) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

4 Strong

1 Regular

5 Weak

Size

annual sales of £8.5m, make it in line with the average company (£7.9m)

Growth

3 year (CAGR) sales growth of -37%, show it is growing at a slower rate (8.1%)

EXPORT

Nyk Energy Transport (Atlantic) Limited's latest turnover from March 2024 is £8.5 million and the company has net assets of £65.2 million. According to their latest financial statements, Nyk Energy Transport (Atlantic) Limited has 27 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	8,466,855	8,879,987	11,614,829	34,671,348	40,506,243	57,422,390	68,191,605	89,780,716	111,457,584	106,268,490	84,196,652	77,547,944	78,982,293	64,327,840	66,466,217
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	4,318,253	4,824,065	8,726,045	40,136,198	41,450,624	45,896,866	61,960,967	83,437,302	96,250,100	94,202,447	71,980,885	74,096,563	76,100,116	62,510,841	57,787,824
Gross Profit	4,148,602	4,055,922	2,888,784	-5,464,851	-944,381	11,525,524	6,230,638	6,343,414	15,207,484	12,066,043	12,215,767	3,451,382	2,882,176	1,816,999	8,678,392
Admin Expenses	4,425,856	4,103,833	4,128,966	4,277,134	3,417,329	3,226,643	3,861,524	4,400,729	5,217,878	5,452,946	3,552,599	2,765,150	2,590,527	2,500,310	2,513,160
Operating Profit	-277,254	-47,911	-1,240,182	-9,741,985	-4,361,710	8,298,881	2,369,114	1,942,685	9,989,606	6,613,097	8,663,168	686,232	291,649	-683,311	6,165,232
Interest Payable	58,907	61,263	58,121	274,934	0	379,344	0	849,430	0	0	6,872	110,287	136,021	153,636	182,077
Interest Receivable	662,896	363,650	10,995	10,997	893,681	473,438	276,486	939,677	24,786	3,997	1,249	0	1,225	78,676	4,335
Pre-Tax Profit	10,175,935	1,734,213	-21,992	-7,770,070	1,241,771	13,415,574	9,309,944	8,499,050	18,330,535	10,938,674	10,509,745	408,676	223,638	-758,270	10,907,289
Tax	-85,611	-198,712	181,433	2,050,588	630,344	-1,576,647	-714,839	-386,320	-1,770,209	-1,092,188	-2,073,338	-90,681	-33,086	-18,585	-2,197,931
Profit After Tax	10,090,324	1,535,501	159,441	-5,719,482	1,872,115	11,838,927	8,595,105	8,112,730	16,560,326	9,846,486	8,436,407	317,995	190,552	-776,855	8,709,358
Dividends Paid	9,425,071	3,455,859	6,003,770	3,637,594	21,390,844	0	14,420,694	0	6,684,257	0	0	0	0	0	0
Retained Profit	665,253	-1,920,358	-5,844,329	-9,357,076	-19,518,729	11,838,927	-5,825,589	8,112,730	9,876,069	9,846,486	8,436,407	317,995	190,552	-776,855	8,709,358
Employee Costs	3,060,006	2,733,270	2,873,861	2,787,412	2,432,085	1,834,482	2,245,973	2,652,787	3,019,109	3,584,393	2,299,475	1,742,540	1,532,382	1,379,011	1,423,794
Number Of Employees	27	28	28	28	27	25	27	33	33	36	34	21	23	16	18
EBITDA*	-277,254	-47,911	-475,966	-3,710,346	1,668,558	8,298,881	7,176,270	8,726,251	15,708,803	10,885,904	12,698,651	4,282,826	3,151,768	1,549,994	7,829,318

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	0	0	0	822,265	6,110,480	7,561,680	6,004,491	5,267,574	6,261,293	11,370,432	7,993,503	9,728,570	8,255,621	6,352,372	8,729,175
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	22,142,633	52,986,178	52,994,031	57,078,082	51,057,132	49,990,368	52,255,266	53,413,554	53,947,389	53,947,389	42,148,926	41,340,604	40,384,168	17,362,780	9,795,628
Debtors (Due After 1 year)	112,315	137,448	167,295	120,125	0	0	0	15,832	0	0	0	0	0	0	0
Total Fixed Assets	22,254,948	53,123,626	53,161,326	58,020,472	57,167,613	57,552,049	58,259,758	58,696,960	60,208,683	65,317,822	50,142,429	51,069,175	48,639,789	23,715,153	18,524,803
Stock & work in progress	0	0	0	642,078	1,622,399	1,241,757	1,627,169	1,064,756	974,654	969,057	1,633,558	1,467,435	2,058,085	1,400,074	1,123,429
Trade Debtors	1,990,261	4,886,114	5,016,494	4,832,079	3,977,299	6,372,527	3,806,537	2,087,555	7,443,831	6,645,878	4,633,933	6,207,953	3,086,821	3,704,002	2,537,933
Group Debtors	43,371,033	10,617,342	12,220,389	10,413,670	15,012,485	23,149,588	24,955,855	20,268,366	19,789,717	10,374,190	4,748,250	546,535	1,648,183	2,280,386	6,918,932
Misc Debtors	2,491,360	2,742,695	4,045,711	7,358,937	2,516,080	4,463,214	5,153,345	6,553,989	2,186,775	2,908,771	2,691,779	1,400,036	2,816,003	1,603,890	340,001
Cash	0	0	438,266	6,725,319	5,861,521	11,834,482	5,072,026	15,638,854	12,898,377	8,946,190	3,393,303	1,037,927	1,622,450	5,014,249	8,205,859
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	22,057	0	0
total current assets	47,852,655	18,246,151	21,720,861	29,972,084	28,989,784	47,061,569	40,614,932	45,613,521	43,293,356	29,844,087	17,100,825	10,659,886	11,253,600	14,002,602	19,126,153
total assets	70,107,603	71,369,777	74,882,187	87,992,556	86,157,397	104,613,618	98,874,690	104,310,481	103,502,039	95,161,909	67,243,253	61,729,061	59,893,389	37,717,755	37,650,957
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	1	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	1,979,045	501,796	501,641
Trade Creditors	3,682,846	4,774,584	5,590,638	6,575,586	6,118,804	7,043,788	6,584,572	5,787,682	6,501,959	6,212,521	3,821,839	3,973,408	1,865,082	4,242,969	1,809,624
Group/Directors Accounts	585,925	1,552,780	2,244,738	2,635,141	613,697	20,745	0	15,041	518,110	1,519,949	659,045	2,512,714	3,112,554	0	1,130,241
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	651,900	520,735	604,775	924,625	1,381,006	1,913,758	4,660,780	3,168,144	8,085,871	8,765,491	8,877,436	10,547,760	9,416,089	9,245,446	9,002,291
total current liabilities	4,920,672	6,848,099	8,440,151	10,135,352	8,113,507	8,978,291	11,245,353	8,970,868	15,105,941	16,497,961	13,358,321	17,033,883	16,372,771	13,990,212	12,443,798
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	2,000,991	2,502,012
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	29,511	140,031	182,775	0	297,433	441,352	462,893	572,268	672,140	837,566	1,046,014
total long term liabilities	0	0	0	0	29,512	140,031	182,776	0	297,433	441,353	462,894	572,269	672,140	2,838,558	3,548,027
total liabilities	4,920,672	6,848,099	8,440,151	10,135,352	8,143,019	9,118,323	11,428,129	8,970,868	15,403,374	16,939,314	13,821,214	17,606,152	17,044,911	16,828,770	15,991,825
net assets	65,186,931	64,521,678	66,442,036	77,857,203	78,014,378	95,495,295	87,446,561	95,339,614	88,098,665	78,222,595	53,422,039	44,122,909	42,848,477	20,888,985	21,659,132
total shareholders funds	65,186,931	64,521,678	66,442,036	77,857,203	78,014,378	95,495,295	87,446,561	95,339,614	88,098,665	78,222,595	53,422,039	44,122,909	42,848,477	20,888,985	21,659,132

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	-277,254	-47,911	-1,240,182	-9,741,985	-4,361,710	8,298,881	2,369,114	1,942,685	9,989,606	6,613,097	8,663,168	686,232	291,649	-683,311	6,165,232
Depreciation	0	0	764,216	6,031,639	6,030,269	0	4,807,156	6,783,566	5,719,197	4,272,807	4,035,482	3,596,593	2,860,119	2,233,304	1,664,086
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-85,611	-198,712	181,433	2,050,588	630,344	-1,576,647	-714,839	-386,320	-1,770,209	-1,092,188	-2,073,338	-90,681	-33,086	-18,585	-2,197,931
Stock	0	0	-642,078	-980,321	380,641	-385,411	562,412	90,102	5,597	-664,501	166,124	-590,650	658,010	276,646	1,123,429
Debtors	29,581,370	-3,066,291	-1,274,921	1,218,947	-12,479,466	69,593	4,989,994	-494,581	9,491,485	7,854,876	3,919,439	603,517	-37,272	-2,208,587	9,796,866
Creditors	-1,091,737	-816,054	-984,948	456,781	-924,983	459,215	796,890	-714,277	289,438	2,390,682	-151,569	2,108,327	-2,377,887	2,433,345	1,809,624
Accruals and Deferred Income	131,165	-84,040	-319,850	-456,381	-532,752	-2,747,022	1,492,636	-4,917,727	-679,620	-111,945	-1,670,324	1,131,671	170,643	243,155	9,002,291
Deferred Taxes & Provisions	0	0	0	-29,511	-110,520	-42,744	182,775	-297,433	-143,919	-21,541	-109,375	-99,872	-165,426	-208,448	1,046,014
Cash flow from operations	-30,904,807	1,919,574	317,668	-1,927,495	12,829,473	4,707,501	3,381,326	2,814,973	3,907,411	4,860,537	4,608,481	7,319,403	125,274	5,931,401	6,569,021
Investing Activities
capital expenditure	0	0	58,049	-743,424	-4,579,069	-1,557,189	-5,544,073	-5,789,847	-610,058	-7,649,736	-2,300,415	-5,069,542	-4,763,368	143,499	-10,393,261
Change in Investments	-30,843,544	-7,853	-4,084,051	6,020,950	1,066,764	-2,264,898	-1,158,287	-533,836	0	11,798,464	808,321	956,436	23,021,387	7,567,153	9,795,628
cash flow from investments	30,843,544	7,853	4,142,100	-6,764,374	-5,645,833	707,709	-4,385,786	-5,256,011	-610,058	-19,448,200	-3,108,736	-6,025,978	-27,784,755	-7,423,654	-20,188,889
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	-1,979,045	1,477,249	155	501,641
Group/Directors Accounts	-966,855	-691,957	-390,403	2,021,444	592,951	20,745	-15,041	-503,069	-1,001,839	860,903	-1,853,668	-599,841	3,112,554	-1,130,241	1,130,241
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	-2,000,991	-501,021	2,502,012
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	0	0	-5,570,838	9,199,902	2,037,811	-3,790,193	-2,067,463	-871,781	0	14,954,070	862,723	956,437	21,768,940	6,709	12,949,774
interest	603,989	302,387	-47,126	-263,937	893,681	94,094	276,486	90,247	24,786	3,997	-5,623	-110,287	-134,796	-74,960	-177,742
cash flow from financing	-362,866	-389,570	-6,008,367	10,957,409	3,524,443	-3,675,354	-1,806,018	-1,284,603	-977,053	15,818,970	-996,568	-1,732,736	24,222,956	-1,699,358	16,905,926
cash and cash equivalents
cash	0	-438,266	-6,287,054	863,798	-5,972,961	6,762,456	-10,566,828	2,740,477	3,952,187	5,552,887	2,355,377	-584,523	-3,391,799	-3,191,610	8,205,859
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	-1	1	0
change in cash	0	-438,266	-6,287,054	863,798	-5,972,961	6,762,456	-10,566,828	2,740,477	3,952,187	5,552,887	2,355,377	-584,523	-3,391,798	-3,191,611	8,205,859

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for nyk energy transport (atlantic) limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in E14 area or any other competitors across 12 key performance metrics.

NYK ENERGY TRANSPORT (ATLANTIC) LIMITED group structure

Nyk Energy Transport (Atlantic) Limited has 3 subsidiary companies.

Ultimate parent company

NIPPON YUSEN KABUSHIKI KAISHA

#0010892

NYK GROUP EUROPE LIMITED

03452566

2 parents

NYK ENERGY TRANSPORT (ATLANTIC) LIMITED

02273580

3 subsidiaries

NYK LNG TRANSPORT UK 5 LIMITED

05250349

NYK LNG TRANSPORT UK 6 LIMITED

05250371

NYK LNG SHIPMANAGEMENT (UK) LIMITED

04478437

NYK ENERGY TRANSPORT (ATLANTIC) LIMITED Shareholders

nyk group europe ltd

100%

Nyk Energy Transport (Atlantic) Limited currently has 5 directors. The longest serving directors include Mr Richard Beyer (Apr 2011) and Mr Bryan Mowat (Apr 2019).

officer	country	age	start	end	role
Mr Richard Beyer	England	55 years	Apr 2011	-	Director
Mr Bryan Mowat	England	56 years	Apr 2019	-	Director
Mr Kazunori Nagai	England	57 years	Feb 2022	-	Director
Mr Takeshi Nakano	England	50 years	Apr 2024	-	Director
Mr Yoshiki Kawagoe	England	47 years	Oct 2024	-	Director

P&L

March 2024

turnover

8.5m

-5%

operating profit

-277.3k

+479%

gross margin

49%

+7.28%

turnover

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

Balance Sheet

March 2024

net assets

65.2m

+0.01%

total assets

70.1m

-0.02%

cash

net assets

Total assets minus all liabilities

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4.5

company number

02273580

Type

Private limited with Share Capital

industry

50200 - Sea and coastal freight water transport

incorporation date

July 1988

ultimate parent company

NIPPON YUSEN KABUSHIKI KAISHA

previous names

nyk lng (atlantic) limited (May 2012)

nyk bulkship (europe) limited (August 2008)

address

floor 19 1 cabot square, canary wharf, london, E14 4QJ

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 10 charges/mortgages relating to nyk energy transport (atlantic) limited. Currently there are 10 open charges and 0 have been satisfied in the past.

nyk energy transport (atlantic) limited Company Information

nyk energy transport (atlantic) limited Estimated Valuation

nyk energy transport (atlantic) limited Estimated Valuation

nyk energy transport (atlantic) limited Estimated Valuation

Nyk Energy Transport (atlantic) Limited Overview

Nyk Energy Transport (atlantic) Limited Health Check

NYK ENERGY TRANSPORT (ATLANTIC) LIMITED financials

nyk energy transport (atlantic) limited Credit Report and Business Information

Nyk Energy Transport (atlantic) Limited Competitor Analysis

nyk energy transport (atlantic) limited Ownership

nyk energy transport (atlantic) limited directors

nyk energy transport (atlantic) limited company details

nyk energy transport (atlantic) limited Charges & Mortgages

nyk energy transport (atlantic) limited Companies House Filings - See Documents