orient worldwide (shipping) limited
orient worldwide (shipping) limited Company Information
Company Number
02632113
Website
http://fortitude-gl.comRegistered Address
cvr global llp town wall house, balkerne hill, colchester, CO3 3AD
Industry
Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)
Telephone
01268567700
Next Accounts Due
1968 days late
Group Structure
View All
Shareholders
nicholas moore 33.4%
andrew targett 22.5%
View Allorient worldwide (shipping) limited Estimated Valuation
Pomanda estimates the enterprise value of ORIENT WORLDWIDE (SHIPPING) LIMITED at £1.6m based on a Turnover of £4.6m and 0.35x industry multiple (adjusted for size and gross margin).
orient worldwide (shipping) limited Estimated Valuation
Pomanda estimates the enterprise value of ORIENT WORLDWIDE (SHIPPING) LIMITED at £122.2k based on an EBITDA of £49.7k and a 2.46x industry multiple (adjusted for size and gross margin).
orient worldwide (shipping) limited Estimated Valuation
Pomanda estimates the enterprise value of ORIENT WORLDWIDE (SHIPPING) LIMITED at £5.2m based on Net Assets of £2.3m and 2.24x industry multiple (adjusted for liquidity).
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Orient Worldwide (shipping) Limited Overview
Orient Worldwide (shipping) Limited is a live company located in colchester, CO3 3AD with a Companies House number of 02632113. It operates in the other service activities incidental to land transportation, n.e.c. sector, SIC Code 52219. Founded in July 1991, it's largest shareholder is nicholas moore with a 33.4% stake. Orient Worldwide (shipping) Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.6m with declining growth in recent years.
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Orient Worldwide (shipping) Limited Health Check
Pomanda's financial health check has awarded Orient Worldwide (Shipping) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £4.6m, make it in line with the average company (£5.4m)
£4.6m - Orient Worldwide (shipping) Limited
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (3.4%)
-28% - Orient Worldwide (shipping) Limited
3.4% - Industry AVG
Production
with a gross margin of 16.2%, this company has a higher cost of product (21.9%)
16.2% - Orient Worldwide (shipping) Limited
21.9% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (4.4%)
0.9% - Orient Worldwide (shipping) Limited
4.4% - Industry AVG
Employees
with 25 employees, this is below the industry average (32)
25 - Orient Worldwide (shipping) Limited
32 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)
- Orient Worldwide (shipping) Limited
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £183.5k, this is more efficient (£147.4k)
£183.5k - Orient Worldwide (shipping) Limited
£147.4k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (52 days)
97 days - Orient Worldwide (shipping) Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 150 days, this is slower than average (31 days)
150 days - Orient Worldwide (shipping) Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Orient Worldwide (shipping) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Orient Worldwide (shipping) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.8%, this is a lower level of debt than the average (75.1%)
66.8% - Orient Worldwide (shipping) Limited
75.1% - Industry AVG
orient worldwide (shipping) limited Credit Report and Business Information
Orient Worldwide (shipping) Limited Competitor Analysis
Perform a competitor analysis for orient worldwide (shipping) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
orient worldwide (shipping) limited Ownership
ORIENT WORLDWIDE (SHIPPING) LIMITED group structure
Orient Worldwide (Shipping) Limited has no subsidiary companies.
Ultimate parent company
ORIENT WORLDWIDE (SHIPPING) LIMITED
02632113
orient worldwide (shipping) limited directors
Orient Worldwide (Shipping) Limited currently has 5 directors. The longest serving directors include Mr Patrick Moore (Jul 1991) and Mr Paul Moore (Jul 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Patrick Moore | 77 years | Jul 1991 | - | Director | |
| Mr Paul Moore | 72 years | Jul 1991 | - | Director | |
| Mr Nicholas Moore | 52 years | May 1995 | - | Director | |
| Mr Andrew Targett | England | 44 years | Aug 2016 | - | Director |
| Mr Phillip Sutherland - Moore | 54 years | Aug 2016 | - | Director |
ORIENT WORLDWIDE (SHIPPING) LIMITED financials
Orient Worldwide (Shipping) Limited's latest turnover from March 2017 is £4.6 million and the company has net assets of £2.3 million. According to their latest financial statements, Orient Worldwide (Shipping) Limited has 25 employees and maintains cash reserves of £52.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2017 | Sep 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 4,588,186 | 14,697,282 | 13,597,660 | 12,468,619 | 17,838,318 | 14,039,929 | 23,171,154 | 17,197,854 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 3,846,592 | 11,764,432 | 11,620,612 | 10,755,814 | 16,018,239 | 12,294,581 | 20,944,142 | 14,787,434 |
| Gross Profit | 741,594 | 2,932,850 | 1,977,048 | 1,712,805 | 1,820,079 | 1,745,348 | 2,227,012 | 2,410,420 |
| Admin Expenses | 701,715 | 4,072,503 | 2,255,173 | 1,797,069 | 1,385,251 | 1,577,098 | 2,588,983 | 1,614,733 |
| Operating Profit | 39,879 | -1,139,653 | -278,125 | -84,264 | 434,828 | 168,250 | -361,971 | 795,687 |
| Interest Payable | 0 | 8,893 | 4,673 | 14,598 | 2,412 | 56,333 | 30,511 | 44,938 |
| Interest Receivable | 0 | 0 | 300 | 41,132 | 996 | 643 | 1,381 | 3,422 |
| Pre-Tax Profit | 39,879 | -1,320,446 | -282,131 | -164,400 | 453,917 | 112,552 | -391,310 | 778,535 |
| Tax | -8,973 | 398,190 | 0 | -4,331 | -72,097 | -38,888 | 134,944 | -204,239 |
| Profit After Tax | 30,906 | -922,256 | -282,131 | -168,731 | 381,820 | 73,664 | -256,366 | 574,296 |
| Dividends Paid | 0 | 0 | 0 | 480,000 | 0 | 276,526 | 615,725 | 888,800 |
| Retained Profit | 30,906 | -922,256 | -282,131 | -648,731 | 381,820 | -202,862 | -872,091 | -314,504 |
| Employee Costs | 1,780,198 | 1,009,991 | 1,038,508 | 1,008,108 | 993,584 | 1,081,981 | 1,102,261 | |
| Number Of Employees | 25 | 34 | 33 | 35 | 38 | 36 | 34 | 35 |
| EBITDA* | 49,655 | -1,106,871 | -248,662 | -58,538 | 476,158 | 202,642 | -332,062 | 813,871 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2017 | Sep 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 38,661 | 48,904 | 83,231 | 78,509 | 246,956 | 86,015 | 219,301 | 191,837 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,509,816 | 4,509,816 | 4,681,716 | 5,824,799 | 5,937,056 | 6,078,480 | 5,966,687 | 6,009,619 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,548,477 | 4,558,720 | 4,764,947 | 5,903,308 | 6,184,012 | 6,164,495 | 6,185,988 | 6,201,456 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,221,327 | 1,214,112 | 2,001,085 | 2,978,042 | 3,399,790 | 2,805,140 | 3,021,342 | 4,669,411 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,121,833 | 1,100,579 | 878,733 | 91,505 | 90,299 | 152,770 | 258,890 | 173,126 |
| Cash | 52,873 | 112,528 | 357,996 | 240,127 | 439,817 | 277,529 | 788,899 | 1,524,473 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,396,033 | 2,427,219 | 3,237,814 | 3,309,674 | 3,929,906 | 3,235,439 | 4,069,131 | 6,367,010 |
| total assets | 6,944,510 | 6,985,939 | 8,002,761 | 9,212,982 | 10,113,918 | 9,399,934 | 10,255,119 | 12,568,466 |
| Bank overdraft | 0 | 0 | 0 | 1,323,958 | 827,480 | 307,495 | 0 | 0 |
| Bank loan | 125,000 | 150,000 | 0 | 0 | 818 | 0 | 0 | 0 |
| Trade Creditors | 1,589,013 | 776,173 | 1,052,585 | 2,221,116 | 2,784,880 | 2,676,123 | 3,212,452 | 4,499,560 |
| Group/Directors Accounts | 0 | 0 | 0 | 58,378 | 149,763 | 543,830 | 242,471 | 770,495 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52,476 |
| hp & lease commitments | 0 | 0 | 15,539 | 19,333 | 20,224 | 8,798 | 0 | 0 |
| other current liabilities | 2,921,841 | 3,782,016 | 3,720,638 | 81,534 | 160,878 | 107,148 | 152,024 | 425,672 |
| total current liabilities | 4,635,854 | 4,708,189 | 4,788,762 | 3,704,319 | 3,944,043 | 3,643,394 | 3,606,947 | 5,748,203 |
| loans | 0 | 0 | 0 | 1,136,987 | 1,136,987 | 1,136,987 | 1,836,987 | 1,136,987 |
| hp & lease commitments | 0 | 0 | 13,993 | 30,264 | 42,745 | 11,230 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 13,993 | 1,167,251 | 1,179,732 | 1,148,217 | 1,836,987 | 1,136,987 |
| total liabilities | 4,635,854 | 4,708,189 | 4,802,755 | 4,871,570 | 5,123,775 | 4,791,611 | 5,443,934 | 6,885,190 |
| net assets | 2,308,656 | 2,277,750 | 3,200,006 | 4,341,412 | 4,990,143 | 4,608,323 | 4,811,185 | 5,683,276 |
| total shareholders funds | 2,308,656 | 2,277,750 | 3,200,006 | 4,341,412 | 4,990,143 | 4,608,323 | 4,811,185 | 5,683,276 |
| Mar 2017 | Sep 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 39,879 | -1,139,653 | -278,125 | -84,264 | 434,828 | 168,250 | -361,971 | 795,687 |
| Depreciation | 9,776 | 32,782 | 29,463 | 25,726 | 41,330 | 34,392 | 29,909 | 18,184 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -8,973 | 398,190 | 0 | -4,331 | -72,097 | -38,888 | 134,944 | -204,239 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 28,469 | -565,127 | -189,729 | -420,542 | 532,179 | -322,322 | -1,562,305 | 4,842,537 |
| Creditors | 812,840 | -276,412 | -1,168,531 | -563,764 | 108,757 | -536,329 | -1,287,108 | 4,499,560 |
| Accruals and Deferred Income | -860,175 | 61,378 | 3,639,104 | -79,344 | 53,730 | -44,876 | -273,648 | 425,672 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -35,122 | -358,588 | 2,411,640 | -285,435 | 34,369 | -95,129 | -195,569 | 692,327 |
| Investing Activities | ||||||||
| capital expenditure | 599 | -34,185 | 118,683 | -9,336 | -7,436 | -58,838 | -13,066 | |
| Change in Investments | 0 | -171,900 | -1,143,083 | -112,257 | -141,424 | 111,793 | -42,932 | 6,009,619 |
| cash flow from investments | 172,499 | 1,108,898 | 230,940 | 132,088 | -119,229 | -15,906 | -6,022,685 | |
| Financing Activities | ||||||||
| Bank loans | -25,000 | 150,000 | 0 | -818 | 818 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -58,378 | -91,385 | -394,067 | 301,359 | -528,024 | 770,495 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -52,476 | 52,476 |
| Long term loans | 0 | 0 | -1,136,987 | 0 | 0 | -700,000 | 700,000 | 1,136,987 |
| Hire Purchase and Lease Commitments | 0 | -29,532 | -20,065 | -13,372 | 42,941 | 20,028 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | -8,893 | -4,373 | 26,534 | -1,416 | -55,690 | -29,130 | -41,516 |
| cash flow from financing | -25,000 | 111,575 | -2,079,078 | -79,041 | -351,724 | -434,303 | 90,370 | 7,916,222 |
| cash and cash equivalents | ||||||||
| cash | -59,655 | -245,468 | 117,869 | -199,690 | 162,288 | -511,370 | -735,574 | 1,524,473 |
| overdraft | 0 | 0 | -1,323,958 | 496,478 | 519,985 | 307,495 | 0 | 0 |
| change in cash | -59,655 | -245,468 | 1,441,827 | -696,168 | -357,697 | -818,865 | -735,574 | 1,524,473 |
P&L
March 2017turnover
4.6m
-69%
operating profit
39.9k
-103%
gross margin
16.2%
-19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2017net assets
2.3m
+0.01%
total assets
6.9m
-0.01%
cash
52.9k
-0.53%
net assets
Total assets minus all liabilities
Similar Companies
orient worldwide (shipping) limited company details
company number
02632113
Type
Private limited with Share Capital
industry
52219 - Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)
incorporation date
July 1991
age
33
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
cvr global llp town wall house, balkerne hill, colchester, CO3 3AD
last accounts submitted
March 2017
orient worldwide (shipping) 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 8 charges/mortgages relating to orient worldwide (shipping) limited. Currently there are 4 open charges and 4 have been satisfied in the past.
orient worldwide (shipping) limited Companies House Filings - See Documents
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