maritime international secretariat services limited
maritime international secretariat services limited Company Information
Company Number
02550582
Next Accounts
Sep 2025
Shareholders
-
Group Structure
View All
Industry
Activities of business and employers membership organisations
Registered Address
walsingham house, 35 seething lane, london, EC3N 4AH
Website
http://imif.orgmaritime international secretariat services limited Estimated Valuation
Pomanda estimates the enterprise value of MARITIME INTERNATIONAL SECRETARIAT SERVICES LIMITED at £6.3m based on a Turnover of £7.4m and 0.86x industry multiple (adjusted for size and gross margin).
maritime international secretariat services limited Estimated Valuation
Pomanda estimates the enterprise value of MARITIME INTERNATIONAL SECRETARIAT SERVICES LIMITED at £3m based on an EBITDA of £705.7k and a 4.24x industry multiple (adjusted for size and gross margin).
maritime international secretariat services limited Estimated Valuation
Pomanda estimates the enterprise value of MARITIME INTERNATIONAL SECRETARIAT SERVICES LIMITED at £15.2m based on Net Assets of £6.2m and 2.45x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Maritime International Secretariat Services Limited Overview
Maritime International Secretariat Services Limited is a live company located in london, EC3N 4AH with a Companies House number of 02550582. It operates in the activities of business and employers membership organizations sector, SIC Code 94110. Founded in October 1990, it's largest shareholder is unknown. Maritime International Secretariat Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.4m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Maritime International Secretariat Services Limited Health Check
Pomanda's financial health check has awarded Maritime International Secretariat Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs
9 Strong
2 Regular
1 Weak
Size
annual sales of £7.4m, make it larger than the average company (£1.3m)
£7.4m - Maritime International Secretariat Services Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (4%)
13% - Maritime International Secretariat Services Limited
4% - Industry AVG
Production
with a gross margin of 83.9%, this company has a comparable cost of product (75.9%)
83.9% - Maritime International Secretariat Services Limited
75.9% - Industry AVG
Profitability
an operating margin of 5.1% make it more profitable than the average company (1.3%)
5.1% - Maritime International Secretariat Services Limited
1.3% - Industry AVG
Employees
with 32 employees, this is above the industry average (15)
32 - Maritime International Secretariat Services Limited
15 - Industry AVG
Pay Structure
on an average salary of £51.1k, the company has an equivalent pay structure (£51.1k)
- Maritime International Secretariat Services Limited
£51.1k - Industry AVG
Efficiency
resulting in sales per employee of £231k, this is more efficient (£114.9k)
£231k - Maritime International Secretariat Services Limited
£114.9k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (38 days)
16 days - Maritime International Secretariat Services Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 107 days, this is slower than average (46 days)
107 days - Maritime International Secretariat Services Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 49 days, this is more than average (19 days)
49 days - Maritime International Secretariat Services Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 158 weeks, this is more cash available to meet short term requirements (65 weeks)
158 weeks - Maritime International Secretariat Services Limited
65 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.3%, this is a lower level of debt than the average (43.2%)
16.3% - Maritime International Secretariat Services Limited
43.2% - Industry AVG
MARITIME INTERNATIONAL SECRETARIAT SERVICES LIMITED financials
Maritime International Secretariat Services Limited's latest turnover from December 2023 is £7.4 million and the company has net assets of £6.2 million. According to their latest financial statements, Maritime International Secretariat Services Limited has 32 employees and maintains cash reserves of £3.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,392,359 | 7,553,823 | 7,816,186 | 5,108,401 | 4,885,330 | 3,898,564 | 3,826,677 | 5,333,222 | 3,939,427 | 3,709,314 | 3,851,758 | 3,091,799 | 2,694,464 | 2,571,578 | 2,741,987 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 1,193,104 | 989,096 | 654,236 | 807,980 | 1,232,299 | ||||||||||
| Gross Profit | 6,199,255 | 6,564,727 | 7,161,950 | 4,300,421 | 3,653,031 | ||||||||||
| Admin Expenses | 5,825,645 | 5,250,730 | 4,414,134 | 3,561,946 | 3,252,576 | ||||||||||
| Operating Profit | 373,610 | 1,313,997 | 2,747,816 | 738,475 | 400,455 | -296,575 | -51,754 | 1,589,394 | 550,583 | 525,621 | 854,489 | 338,830 | |||
| Interest Payable | |||||||||||||||
| Interest Receivable | 67,412 | 5,511 | 127 | 353 | 775 | 529 | 366 | 5,679 | 3,931 | 2,014 | 1,973 | 2,148 | 1,758 | 1,579 | 348 |
| Pre-Tax Profit | 441,022 | 1,319,508 | 2,747,943 | 738,828 | 401,230 | -296,046 | -51,388 | 1,595,073 | 554,514 | 527,635 | 856,462 | 340,978 | 14,058 | 232,529 | 205,765 |
| Tax | -104,280 | -242,680 | -621,879 | -81,265 | -10,178 | 1,270 | 10,373 | -311,479 | -133,560 | -16,034 | 15,389 | -90,792 | -10,243 | -52,909 | -40,950 |
| Profit After Tax | 336,742 | 1,076,828 | 2,126,064 | 657,563 | 391,052 | -294,776 | -41,015 | 1,283,594 | 420,954 | 511,601 | 871,851 | 250,186 | 3,815 | 179,620 | 164,815 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 336,742 | 1,076,828 | 2,126,064 | 657,563 | 391,052 | -294,776 | -41,015 | 1,283,594 | 420,954 | 511,601 | 871,851 | 250,186 | 3,815 | 179,620 | 164,815 |
| Employee Costs | 2,470,251 | 2,444,489 | 1,724,283 | 1,454,810 | 1,322,391 | 1,505,358 | |||||||||
| Number Of Employees | 32 | 28 | 25 | 23 | 23 | 23 | 20 | 20 | 24 | ||||||
| EBITDA* | 705,705 | 1,632,877 | 2,973,590 | 809,900 | 419,914 | -278,885 | -29,269 | 1,608,108 | 620,132 | 592,096 | 926,980 | 413,726 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 577,784 | 771,633 | 1,018,278 | 360,424 | 63,051 | 22,233 | 32,426 | 23,295 | 34,094 | 84,627 | 113,433 | 179,839 | 246,874 | 19,765 | 23,551 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 577,784 | 771,633 | 1,018,278 | 360,424 | 63,051 | 22,233 | 32,426 | 23,295 | 34,094 | 84,627 | 113,433 | 179,839 | 246,874 | 19,765 | 23,551 |
| Stock & work in progress | 162,761 | 237,455 | 194,009 | 164,592 | 126,802 | 89,975 | 74,305 | 61,538 | 80,059 | 135,280 | 105,616 | 99,128 | 121,154 | 101,468 | 113,115 |
| Trade Debtors | 333,804 | 159,212 | 92,270 | 116,121 | 368,335 | 569,920 | 252,879 | 246,211 | 131,153 | 670,995 | 730,004 | 212,917 | 74,244 | 92,911 | 94,666 |
| Group Debtors | 1,861,958 | 2,473,061 | 2,312,535 | 1,316,573 | 1,475,897 | ||||||||||
| Misc Debtors | 1,115,906 | 643,355 | 514,368 | 735,400 | 218,809 | 1,033,893 | 880,109 | 363,509 | 75,458 | 145,739 | 127,324 | 60,035 | 69,114 | 811,985 | 642,692 |
| Cash | 3,371,795 | 2,537,446 | 1,807,819 | 490,759 | 388,903 | 357,148 | 1,167,322 | 2,027,438 | 1,085,636 | 479,058 | 274,651 | 408,375 | 363,574 | 296,858 | 275,614 |
| misc current assets | |||||||||||||||
| total current assets | 6,846,224 | 6,050,529 | 4,921,001 | 2,823,445 | 2,578,746 | 2,050,936 | 2,374,615 | 2,698,696 | 1,372,306 | 1,431,072 | 1,237,595 | 780,455 | 628,086 | 1,303,222 | 1,126,087 |
| total assets | 7,424,008 | 6,822,162 | 5,939,279 | 3,183,869 | 2,641,797 | 2,073,169 | 2,407,041 | 2,721,991 | 1,406,400 | 1,515,699 | 1,351,028 | 960,294 | 874,960 | 1,322,987 | 1,149,638 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 351,739 | 90,553 | 67,281 | 100,130 | 224,916 | 22,644 | 95,930 | 101,532 | 70,754 | 26,870 | 886 | ||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 754,610 | 712,601 | 881,602 | 407,010 | 397,715 | 422,411 | 388,221 | 656,554 | 655,335 | 1,175,450 | 1,548,364 | 1,542,297 | 545,149 | 948,791 | 914,361 |
| total current liabilities | 1,106,349 | 803,154 | 948,883 | 507,140 | 622,631 | 445,055 | 484,151 | 758,086 | 726,089 | 1,202,320 | 1,549,250 | 1,542,297 | 545,149 | 948,791 | 914,361 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 101,296 | 139,387 | 187,603 | ||||||||||||
| total long term liabilities | 101,296 | 139,387 | 187,603 | 672,070 | 430,070 | 422,899 | 406,000 | ||||||||
| total liabilities | 1,207,645 | 942,541 | 1,136,486 | 507,140 | 622,631 | 445,055 | 484,151 | 758,086 | 726,089 | 1,202,320 | 1,549,250 | 2,214,367 | 975,219 | 1,371,690 | 1,320,361 |
| net assets | 6,216,363 | 5,879,621 | 4,802,793 | 2,676,729 | 2,019,166 | 1,628,114 | 1,922,890 | 1,963,905 | 680,311 | 313,379 | -198,222 | -1,254,073 | -100,259 | -48,703 | -170,723 |
| total shareholders funds | 6,216,363 | 5,879,621 | 4,802,793 | 2,676,729 | 2,019,166 | 1,628,114 | 1,922,890 | 1,963,905 | 680,311 | 313,379 | -198,222 | -1,254,073 | -100,259 | -48,703 | -170,723 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 373,610 | 1,313,997 | 2,747,816 | 738,475 | 400,455 | -296,575 | -51,754 | 1,589,394 | 550,583 | 525,621 | 854,489 | 338,830 | |||
| Depreciation | 332,095 | 318,880 | 225,774 | 71,425 | 19,459 | 17,690 | 22,485 | 18,714 | 69,549 | 66,475 | 72,491 | 74,896 | 79,056 | 11,829 | 11,736 |
| Amortisation | |||||||||||||||
| Tax | -104,280 | -242,680 | -621,879 | -81,265 | -10,178 | 1,270 | 10,373 | -311,479 | -133,560 | -16,034 | 15,389 | -90,792 | -10,243 | -52,909 | -40,950 |
| Stock | -74,694 | 43,446 | 29,417 | 37,790 | 36,827 | 15,670 | 12,767 | -18,521 | -55,221 | 29,664 | 6,488 | -22,026 | 19,686 | -11,647 | 113,115 |
| Debtors | 36,040 | 356,455 | 751,079 | 105,053 | 459,228 | 470,825 | 523,268 | 403,109 | -610,123 | -40,594 | 584,376 | 129,594 | -761,538 | 167,538 | 737,358 |
| Creditors | 261,186 | 23,272 | -32,849 | -124,786 | 202,272 | -73,286 | -5,602 | 30,778 | 43,884 | 25,984 | 886 | ||||
| Accruals and Deferred Income | 42,009 | -169,001 | 474,592 | 9,295 | -24,696 | 34,190 | -268,333 | 1,219 | -520,115 | -372,914 | 6,067 | 997,148 | -403,642 | 34,430 | 914,361 |
| Deferred Taxes & Provisions | -38,091 | -48,216 | 187,603 | ||||||||||||
| Cash flow from operations | 905,183 | 796,351 | 2,200,561 | 470,301 | 91,257 | -803,206 | -828,866 | 944,038 | 675,685 | 240,062 | 358,458 | 1,212,514 | |||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 67,412 | 5,511 | 127 | 353 | 775 | 529 | 366 | 5,679 | 3,931 | 2,014 | 1,973 | 2,148 | 1,758 | 1,579 | 348 |
| cash flow from financing | 67,412 | 5,511 | 127 | 353 | 775 | 529 | 366 | 5,679 | -50,091 | 2,014 | 185,973 | -1,401,852 | -53,613 | -56,021 | -335,190 |
| cash and cash equivalents | |||||||||||||||
| cash | 834,349 | 729,627 | 1,317,060 | 101,856 | 31,755 | -810,174 | -860,116 | 941,802 | 606,578 | 204,407 | -133,724 | 44,801 | 66,716 | 21,244 | 275,614 |
| overdraft | |||||||||||||||
| change in cash | 834,349 | 729,627 | 1,317,060 | 101,856 | 31,755 | -810,174 | -860,116 | 941,802 | 606,578 | 204,407 | -133,724 | 44,801 | 66,716 | 21,244 | 275,614 |
maritime international secretariat services limited Credit Report and Business Information
Maritime International Secretariat Services Limited Competitor Analysis
Perform a competitor analysis for maritime international secretariat services limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in EC3N area or any other competitors across 12 key performance metrics.
maritime international secretariat services limited Ownership
MARITIME INTERNATIONAL SECRETARIAT SERVICES LIMITED group structure
Maritime International Secretariat Services Limited has no subsidiary companies.
Ultimate parent company
MARITIME INTERNATIONAL SECRETARIAT SERVICES LIMITED
02550582
maritime international secretariat services limited directors
Maritime International Secretariat Services Limited currently has 9 directors. The longest serving directors include Mr Guy Platten (Aug 2018) and Ms Kiran Khosla Wolsey (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Guy Platten | England | 60 years | Aug 2018 | - | Director |
| Ms Kiran Khosla Wolsey | England | 62 years | Nov 2018 | - | Director |
| Mr Lasse Kristoffersen | Norway | 52 years | Jun 2019 | - | Director |
| Mr Gerardo Borromeo | England | 65 years | Sep 2020 | - | Director |
| Mr Themis Papadopoulos | England | 50 years | Jun 2021 | - | Director |
| Ms Yuen Yang | England | 59 years | Jun 2021 | - | Director |
| Mr Emanuele Grimaldi | Italy | 68 years | Jun 2022 | - | Director |
| Mr John Denholm | 68 years | Jun 2023 | - | Director | |
| Mr Metin Duzgit | England | 48 years | Jun 2024 | - | Director |
P&L
December 2023turnover
7.4m
-2%
operating profit
373.6k
-72%
gross margin
83.9%
-3.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6.2m
+0.06%
total assets
7.4m
+0.09%
cash
3.4m
+0.33%
net assets
Total assets minus all liabilities
maritime international secretariat services limited company details
company number
02550582
Type
Private Ltd By Guarantee w/o Share Cap
industry
94110 - Activities of business and employers membership organisations
incorporation date
October 1990
age
35
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
MHA
address
walsingham house, 35 seething lane, london, EC3N 4AH
Bank
NATIONWIDE BUILDING SOCIETY
Legal Advisor
-
maritime international secretariat services 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 did not find charges/mortgages relating to maritime international secretariat services limited.
maritime international secretariat services 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 MARITIME INTERNATIONAL SECRETARIAT SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
maritime international secretariat services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
