admiral marine limited
admiral marine limited Company Information
Company Number
02666794
Next Accounts
Sep 2025
Shareholders
hayes parsons holdings ltd
Group Structure
View All
Industry
Non-life insurance
Registered Address
one the square, temple quay, bristol, BS1 6DG
Website
www.admiralyacht.comadmiral marine limited Estimated Valuation
Pomanda estimates the enterprise value of ADMIRAL MARINE LIMITED at £478k based on a Turnover of £818.9k and 0.58x industry multiple (adjusted for size and gross margin).
admiral marine limited Estimated Valuation
Pomanda estimates the enterprise value of ADMIRAL MARINE LIMITED at £406.1k based on an EBITDA of £63.2k and a 6.43x industry multiple (adjusted for size and gross margin).
admiral marine limited Estimated Valuation
Pomanda estimates the enterprise value of ADMIRAL MARINE LIMITED at £572.2k based on Net Assets of £349.4k and 1.64x industry multiple (adjusted for liquidity).
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Admiral Marine Limited Overview
Admiral Marine Limited is a live company located in bristol, BS1 6DG with a Companies House number of 02666794. It operates in the non-life insurance sector, SIC Code 65120. Founded in November 1991, it's largest shareholder is hayes parsons holdings ltd with a 100% stake. Admiral Marine Limited is a mature, small sized company, Pomanda has estimated its turnover at £818.9k with healthy growth in recent years.
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Admiral Marine Limited Health Check
Pomanda's financial health check has awarded Admiral Marine Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £818.9k, make it smaller than the average company (£2.1m)
- Admiral Marine Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (8.6%)
- Admiral Marine Limited
8.6% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
- Admiral Marine Limited
100% - Industry AVG
Profitability
an operating margin of 7.1% make it less profitable than the average company (17.5%)
- Admiral Marine Limited
17.5% - Industry AVG
Employees
with 5 employees, this is below the industry average (26)
5 - Admiral Marine Limited
26 - Industry AVG
Pay Structure
on an average salary of £65.3k, the company has an equivalent pay structure (£65.3k)
- Admiral Marine Limited
£65.3k - Industry AVG
Efficiency
resulting in sales per employee of £163.8k, this is equally as efficient (£163.8k)
- Admiral Marine Limited
£163.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Admiral Marine Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Admiral Marine Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Admiral Marine Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 61 weeks, this is more cash available to meet short term requirements (18 weeks)
61 weeks - Admiral Marine Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.1%, this is a lower level of debt than the average (81.4%)
67.1% - Admiral Marine Limited
81.4% - Industry AVG
ADMIRAL MARINE LIMITED financials
Admiral Marine Limited's latest turnover from December 2023 is estimated at £818.9 thousand and the company has net assets of £349.4 thousand. According to their latest financial statements, Admiral Marine Limited has 5 employees and maintains cash reserves of £835.6 thousand 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 | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 5 | 5 | 4 | 4 | 4 | 5 | 6 | 7 | |||||||
| EBITDA* |
* 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 | 7,066 | 12,028 | 1,433 | 1,430 | 384 | 1,109 | 5,112 | 12,016 | 20,372 | 29,844 | 15,707 | 22,797 | 16,515 | 23,314 | 27,427 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 7,066 | 12,028 | 1,433 | 1,430 | 384 | 1,109 | 5,112 | 12,016 | 20,372 | 29,844 | 15,707 | 22,797 | 16,515 | 23,314 | 27,427 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 10,379 | 11,753 | 11,355 | 19,878 | 10,371 | 9,049 | 7,125 | ||||||||
| Group Debtors | 219,780 | 219,780 | 19,780 | 108,590 | |||||||||||
| Misc Debtors | 837 | 998 | 840 | 36,841 | 29,712 | 30,648 | 8,223 | 11,619 | 2,708 | ||||||
| Cash | 835,629 | 797,776 | 453,385 | 490,388 | 667,596 | 373,942 | 462,982 | 472,739 | 604,244 | 520,936 | 468,606 | 581,924 | 657,993 | 402,488 | 476,625 |
| misc current assets | |||||||||||||||
| total current assets | 1,056,246 | 1,018,554 | 474,005 | 527,229 | 697,308 | 513,180 | 471,205 | 483,118 | 615,863 | 532,689 | 479,961 | 601,802 | 668,364 | 411,537 | 486,458 |
| total assets | 1,063,312 | 1,030,582 | 475,438 | 528,659 | 697,692 | 514,289 | 476,317 | 495,134 | 636,235 | 562,533 | 495,668 | 624,599 | 684,879 | 434,851 | 513,885 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 5,754 | 157 | 5,756 | 1,883 | 17,060 | 13,206 | 6,073 | 6,982 | 14,941 | 431,884 | 361,985 | 461,457 | 485,062 | 216,831 | 307,544 |
| Group/Directors Accounts | 25,747 | 31,463 | 11,662 | 82,105 | 167,472 | 1,906 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 679,840 | 722,768 | 351,962 | 368,805 | 413,636 | 290,855 | 370,106 | 391,188 | 492,526 | ||||||
| total current liabilities | 711,341 | 754,388 | 369,380 | 452,793 | 598,168 | 305,967 | 376,179 | 398,170 | 507,467 | 431,884 | 361,985 | 461,457 | 485,062 | 216,831 | 307,544 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 2,619 | 2,619 | 279 | 279 | 481 | 1,570 | 2,972 | 1,172 | 2,011 | 3,704 | 1,686 | 2,776 | 3,262 | ||
| total long term liabilities | 2,619 | 2,619 | 279 | 279 | 481 | 1,570 | 2,972 | 1,172 | 2,011 | 3,704 | 1,686 | 2,776 | 3,262 | ||
| total liabilities | 713,960 | 757,007 | 369,380 | 452,793 | 598,447 | 306,246 | 376,660 | 399,740 | 510,439 | 433,056 | 363,996 | 465,161 | 486,748 | 219,607 | 310,806 |
| net assets | 349,352 | 273,575 | 106,058 | 75,866 | 99,245 | 208,043 | 99,657 | 95,394 | 125,796 | 129,477 | 131,672 | 159,438 | 198,131 | 215,244 | 203,079 |
| total shareholders funds | 349,352 | 273,575 | 106,058 | 75,866 | 99,245 | 208,043 | 99,657 | 95,394 | 125,796 | 129,477 | 131,672 | 159,438 | 198,131 | 215,244 | 203,079 |
| 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 | |||||||||||||||
| Depreciation | 5,003 | 2,312 | 562 | 655 | 768 | 3,818 | 7,150 | 11,130 | 10,882 | 9,321 | 8,041 | 9,529 | 6,179 | 7,817 | 8,787 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -161 | 200,158 | -16,221 | 7,129 | -109,526 | 131,015 | -2,156 | -1,240 | -134 | 398 | -8,523 | 9,507 | 1,322 | -784 | 9,833 |
| Creditors | 5,597 | -5,599 | 3,873 | -15,177 | 3,854 | 7,133 | -909 | -7,959 | -416,943 | 69,899 | -99,472 | -23,605 | 268,231 | -90,713 | 307,544 |
| Accruals and Deferred Income | -42,928 | 370,806 | -16,843 | -44,831 | 122,781 | -79,251 | -21,082 | -101,338 | 492,526 | ||||||
| Deferred Taxes & Provisions | 2,619 | -279 | -202 | -1,089 | -1,402 | 1,800 | -839 | -1,693 | 2,018 | -1,090 | -486 | 3,262 | |||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -5,716 | 19,801 | -70,443 | -85,367 | 165,566 | 1,906 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 37,853 | 344,391 | -37,003 | -177,208 | 293,654 | -89,040 | -9,757 | -131,505 | 83,308 | 52,330 | -113,318 | -76,069 | 255,505 | -74,137 | 476,625 |
| overdraft | |||||||||||||||
| change in cash | 37,853 | 344,391 | -37,003 | -177,208 | 293,654 | -89,040 | -9,757 | -131,505 | 83,308 | 52,330 | -113,318 | -76,069 | 255,505 | -74,137 | 476,625 |
admiral marine limited Credit Report and Business Information
Admiral Marine Limited Competitor Analysis
Perform a competitor analysis for admiral marine limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in BS1 area or any other competitors across 12 key performance metrics.
admiral marine limited Ownership
ADMIRAL MARINE LIMITED group structure
Admiral Marine Limited has no subsidiary companies.
Ultimate parent company
2 parents
ADMIRAL MARINE LIMITED
02666794
admiral marine limited directors
Admiral Marine Limited currently has 2 directors. The longest serving directors include Mr James Woollam (May 2018) and Mr Benjamin Leah (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Woollam | England | 44 years | May 2018 | - | Director |
| Mr Benjamin Leah | England | 45 years | May 2018 | - | Director |
P&L
December 2023turnover
818.9k
+6%
operating profit
58.2k
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
349.4k
+0.28%
total assets
1.1m
+0.03%
cash
835.6k
+0.05%
net assets
Total assets minus all liabilities
admiral marine limited company details
company number
02666794
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
November 1991
age
34
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
CORRIGAN ACCOUNTANTS LIMITED
auditor
-
address
one the square, temple quay, bristol, BS1 6DG
Bank
-
Legal Advisor
-
admiral marine 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 admiral marine limited.
admiral marine 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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admiral marine limited Companies House Filings - See Documents
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