shearwater shipping & chartering limited
shearwater shipping & chartering limited Company Information
Company Number
02684661
Next Accounts
Sep 2025
Industry
Sea and coastal freight water transport
Directors
Shareholders
biglift shipping b.v.
jon gliddon
View AllGroup Structure
View All
Contact
Registered Address
suite 101 brewery house, high street, westerham, kent, TN16 1SF
Website
www.shearwatershipping.co.ukshearwater shipping & chartering limited Estimated Valuation
Pomanda estimates the enterprise value of SHEARWATER SHIPPING & CHARTERING LIMITED at £167.6k based on a Turnover of £225k and 0.75x industry multiple (adjusted for size and gross margin).
shearwater shipping & chartering limited Estimated Valuation
Pomanda estimates the enterprise value of SHEARWATER SHIPPING & CHARTERING LIMITED at £224.4k based on an EBITDA of £95k and a 2.36x industry multiple (adjusted for size and gross margin).
shearwater shipping & chartering limited Estimated Valuation
Pomanda estimates the enterprise value of SHEARWATER SHIPPING & CHARTERING LIMITED at £122.2k based on Net Assets of £89.3k and 1.37x industry multiple (adjusted for liquidity).
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Shearwater Shipping & Chartering Limited Overview
Shearwater Shipping & Chartering Limited is a live company located in westerham, TN16 1SF with a Companies House number of 02684661. It operates in the sea and coastal freight water transport sector, SIC Code 50200. Founded in February 1992, it's largest shareholder is biglift shipping b.v. with a 80% stake. Shearwater Shipping & Chartering Limited is a mature, micro sized company, Pomanda has estimated its turnover at £225k with healthy growth in recent years.
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Shearwater Shipping & Chartering Limited Health Check
Pomanda's financial health check has awarded Shearwater Shipping & Chartering Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £225k, make it smaller than the average company (£8.1m)
- Shearwater Shipping & Chartering Limited
£8.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (8.4%)
- Shearwater Shipping & Chartering Limited
8.4% - Industry AVG
Production
with a gross margin of 34%, this company has a comparable cost of product (34%)
- Shearwater Shipping & Chartering Limited
34% - Industry AVG
Profitability
an operating margin of 41.8% make it more profitable than the average company (12.3%)
- Shearwater Shipping & Chartering Limited
12.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
1 - Shearwater Shipping & Chartering Limited
13 - Industry AVG
Pay Structure
on an average salary of £64.5k, the company has an equivalent pay structure (£64.5k)
- Shearwater Shipping & Chartering Limited
£64.5k - Industry AVG
Efficiency
resulting in sales per employee of £225k, this is less efficient (£676.3k)
- Shearwater Shipping & Chartering Limited
£676.3k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (27 days)
- Shearwater Shipping & Chartering Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (28 days)
- Shearwater Shipping & Chartering Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Shearwater Shipping & Chartering Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 73 weeks, this is more cash available to meet short term requirements (13 weeks)
73 weeks - Shearwater Shipping & Chartering Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.4%, this is a lower level of debt than the average (58.5%)
22.4% - Shearwater Shipping & Chartering Limited
58.5% - Industry AVG
SHEARWATER SHIPPING & CHARTERING LIMITED financials
Shearwater Shipping & Chartering Limited's latest turnover from December 2023 is estimated at £225 thousand and the company has net assets of £89.3 thousand. According to their latest financial statements, Shearwater Shipping & Chartering Limited has 1 employee and maintains cash reserves of £36.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 359,801 | 97,587 | 563,048 | 681,410 | 361,415 | 807,883 | 664,636 | 1,159,815 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 13,027 | 16,914 | 98,033 | 31,822 | 25,435 | 248,445 | 117,657 | 473,425 | |||||||
| Gross Profit | 346,774 | 80,673 | 465,015 | 649,588 | 335,980 | 559,438 | 546,979 | 686,390 | |||||||
| Admin Expenses | 395,509 | 387,917 | 507,403 | 512,045 | 498,466 | 459,368 | 515,058 | 655,298 | |||||||
| Operating Profit | -48,735 | -307,244 | -42,388 | 137,543 | -162,486 | 100,070 | 31,921 | 31,092 | |||||||
| Interest Payable | 0 | 0 | 1 | 0 | 0 | 2 | 34 | 0 | |||||||
| Interest Receivable | 23 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | |||||||
| Pre-Tax Profit | 73,685 | -291,529 | -40,569 | 138,768 | -160,981 | 100,348 | 33,392 | 32,702 | |||||||
| Tax | -14,223 | 2,024 | 9,117 | -26,850 | 21,895 | -21,894 | -9,790 | -11,924 | |||||||
| Profit After Tax | 59,462 | -289,505 | -31,452 | 111,918 | -139,086 | 78,454 | 23,602 | 20,778 | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 25,000 | 0 | |||||||
| Retained Profit | 59,462 | -289,505 | -31,452 | 111,918 | -139,086 | 78,454 | -1,398 | -179,222 | |||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 3 | 3 | 4 | 4 | |||||||
| EBITDA* | -46,440 | -304,439 | -38,582 | 141,758 | -160,267 | 103,603 | 37,435 | 36,757 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,976 | 1,163 | 1,551 | 1,985 | 3,771 | 5,483 | 5,163 | 6,884 | 9,179 | 11,196 | 12,777 | 6,065 | 8,284 | 16,333 | 16,980 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,400 | 3,400 | 3,400 | 3,400 | 3,400 | 3,400 | 3,400 |
| Debtors (Due After 1 year) | 2,070 | 2,070 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,046 | 3,233 | 1,551 | 1,985 | 3,771 | 5,483 | 5,163 | 6,884 | 12,579 | 14,596 | 16,177 | 9,465 | 11,684 | 19,733 | 20,380 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 12,500 | 12,500 | 0 | 12,500 | 0 | 0 | 14,979 | 0 | 21,261 | 11,267 | 0 | 2,556 | 48,293 | 75,024 | 25,030 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 62,262 | 7,197 | 7,997 | 15,736 | 10,198 | 2,455 | 3,148 | 3,829 | 5,306 | 10,970 | 35,638 | 27,630 | 87,382 | 37,534 | 57,002 |
| Cash | 36,362 | 16,823 | 60,986 | 31,926 | 189,377 | 29,330 | 30,253 | 89,103 | 36,645 | 141,509 | 183,005 | 52,558 | 128,747 | 223,514 | 301,653 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 887 | 10,036 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 111,124 | 36,520 | 68,983 | 60,162 | 199,575 | 32,672 | 58,416 | 92,932 | 63,212 | 163,746 | 218,643 | 82,744 | 264,422 | 336,072 | 383,685 |
| total assets | 115,170 | 39,753 | 70,534 | 62,147 | 203,346 | 38,155 | 63,579 | 99,816 | 75,791 | 178,342 | 234,820 | 92,209 | 276,106 | 355,805 | 404,065 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,834 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,713 | 1,680 | 1,904 | 628 | 1,449 | 652 | 0 | 1,007 | 1,918 | 45,399 | 48,515 | 52,545 | 70,894 | 92,921 | 44,039 |
| Group/Directors Accounts | 0 | 0 | 0 | 290,467 | 432,920 | 218,173 | 173,000 | 10,000 | 49,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 24,119 | 20,387 | 32,917 | 24,565 | 14,047 | 4,769 | 8,394 | 19,466 | 16,083 | 32,607 | 54,271 | 21,835 | 47,482 | 177,589 | 280,167 |
| total current liabilities | 25,832 | 22,067 | 34,821 | 315,660 | 448,416 | 223,594 | 181,394 | 30,473 | 67,001 | 78,006 | 102,786 | 74,380 | 118,376 | 277,344 | 324,206 |
| loans | 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 |
| 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 | 1,091 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,041 | 2,287 | 0 | 815 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,091 | 0 | 2,041 | 2,287 | 0 | 815 | 0 | 0 |
| total liabilities | 25,832 | 22,067 | 34,821 | 315,660 | 448,416 | 223,594 | 181,394 | 31,564 | 67,001 | 80,047 | 105,073 | 74,380 | 119,191 | 277,344 | 324,206 |
| net assets | 89,338 | 17,686 | 35,713 | -253,513 | -245,070 | -185,439 | -117,815 | 68,252 | 8,790 | 98,295 | 129,747 | 17,829 | 156,915 | 78,461 | 79,859 |
| total shareholders funds | 89,338 | 17,686 | 35,713 | -253,513 | -245,070 | -185,439 | -117,815 | 68,252 | 8,790 | 98,295 | 129,747 | 17,829 | 156,915 | 78,461 | 79,859 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -48,735 | -307,244 | -42,388 | 137,543 | -162,486 | 100,070 | 31,921 | 31,092 | |||||||
| Depreciation | 877 | 388 | 434 | 941 | 1,196 | 1,828 | 1,721 | 2,295 | 2,805 | 3,806 | 4,215 | 2,219 | 3,533 | 5,514 | 5,665 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -14,223 | 2,024 | 9,117 | -26,850 | 21,895 | -21,894 | -9,790 | -11,924 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 55,065 | 13,770 | -20,239 | 18,038 | -7,929 | -15,672 | 14,298 | -22,738 | 4,330 | -13,401 | 5,452 | -105,489 | 23,117 | 30,526 | 82,032 |
| Creditors | 33 | -224 | 1,276 | -821 | 1,449 | 652 | -1,007 | -911 | -43,481 | -3,116 | -4,030 | -18,349 | -22,027 | 48,882 | 44,039 |
| Accruals and Deferred Income | 3,732 | -12,530 | 8,352 | 10,518 | 5,653 | -3,625 | -11,072 | 3,383 | -16,524 | -21,664 | 32,436 | -25,647 | -130,107 | -102,578 | 280,167 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,041 | -246 | 2,287 | -815 | 815 | 0 | 0 |
| Cash flow from operations | -35,453 | -368,791 | -41,090 | 140,149 | -77,694 | -92,727 | -56,577 | 267,007 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,400 | 0 | 0 | 0 | 0 | 0 | 0 | 3,400 |
| 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 | 0 | 0 | -290,467 | -142,453 | 259,920 | 45,173 | 163,000 | -39,000 | 49,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 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 | -1,091 | 1,091 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 23 | 0 | -1 | 0 | 0 | -2 | -34 | 5 | |||||||
| cash flow from financing | -37,886 | 249,000 | -1 | 0 | 0 | -2 | -34 | 259,086 | |||||||
| cash and cash equivalents | |||||||||||||||
| cash | 19,539 | -44,163 | 29,060 | -157,451 | 159,124 | -923 | -58,850 | 52,458 | -104,864 | -41,496 | 130,447 | -76,189 | -94,767 | -78,139 | 301,653 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,834 | 6,834 | 0 |
| change in cash | 19,539 | -44,163 | 29,060 | -157,451 | 159,124 | -923 | -58,850 | 52,458 | -104,864 | -41,496 | 130,447 | -76,189 | -87,933 | -84,973 | 301,653 |
shearwater shipping & chartering limited Credit Report and Business Information
Shearwater Shipping & Chartering Limited Competitor Analysis
Perform a competitor analysis for shearwater shipping & chartering limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in TN16 area or any other competitors across 12 key performance metrics.
shearwater shipping & chartering limited Ownership
SHEARWATER SHIPPING & CHARTERING LIMITED group structure
Shearwater Shipping & Chartering Limited has no subsidiary companies.
Ultimate parent company
BIGLIFT SHIPPING BV
#0092299
1 parent
SHEARWATER SHIPPING & CHARTERING LIMITED
02684661
shearwater shipping & chartering limited directors
Shearwater Shipping & Chartering Limited currently has 1 director, Mr Jonathan Gliddon serving since Apr 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Gliddon | United Kingdom | 51 years | Apr 2019 | - | Director |
P&L
December 2023turnover
225k
+1%
operating profit
94.1k
0%
gross margin
34%
+4.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
89.3k
+4.05%
total assets
115.2k
+1.9%
cash
36.4k
+1.16%
net assets
Total assets minus all liabilities
shearwater shipping & chartering limited company details
company number
02684661
Type
Private limited with Share Capital
industry
50200 - Sea and coastal freight water transport
incorporation date
February 1992
age
32
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
ranchu gold limited (December 1993)
accountant
SUMER AUDITCO LIMITED
auditor
-
address
suite 101 brewery house, high street, westerham, kent, TN16 1SF
Bank
HSBC BANK PLC
Legal Advisor
-
shearwater shipping & chartering 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 shearwater shipping & chartering limited.
shearwater shipping & chartering limited Capital Raised & Share Issues BETA
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shearwater shipping & chartering limited Companies House Filings - See Documents
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