graig ship management limited
graig ship management limited Company Information
Company Number
02962034
Next Accounts
Mar 2025
Directors
Shareholders
vouvray acquisition ltd
Group Structure
View All
Industry
Building of ships and floating structures
Registered Address
1st floor, 63, queen victoria street, london, EC4N 4UA
Website
www.graig.comgraig ship management limited Estimated Valuation
Pomanda estimates the enterprise value of GRAIG SHIP MANAGEMENT LIMITED at £3.5m based on a Turnover of £1.6m and 2.29x industry multiple (adjusted for size and gross margin).
graig ship management limited Estimated Valuation
Pomanda estimates the enterprise value of GRAIG SHIP MANAGEMENT LIMITED at £25.1k based on an EBITDA of £1.4k and a 17.58x industry multiple (adjusted for size and gross margin).
graig ship management limited Estimated Valuation
Pomanda estimates the enterprise value of GRAIG SHIP MANAGEMENT LIMITED at £524.8k based on Net Assets of £197k and 2.66x industry multiple (adjusted for liquidity).
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Graig Ship Management Limited Overview
Graig Ship Management Limited is a dissolved company that was located in london, EC4N 4UA with a Companies House number of 02962034. It operated in the building of ships and floating structures sector, SIC Code 30110. Founded in August 1994, it's largest shareholder was vouvray acquisition ltd with a 100% stake. The last turnover for Graig Ship Management Limited was estimated at £1.6m.
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Graig Ship Management Limited Health Check
Pomanda's financial health check has awarded Graig Ship Management Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£14.9m)
£1.6m - Graig Ship Management Limited
£14.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (2.2%)
-18% - Graig Ship Management Limited
2.2% - Industry AVG
Production
with a gross margin of 73.9%, this company has a lower cost of product (25.4%)
73.9% - Graig Ship Management Limited
25.4% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (4.4%)
-0.9% - Graig Ship Management Limited
4.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (92)
1 - Graig Ship Management Limited
92 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Graig Ship Management Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£166.3k)
£1.6m - Graig Ship Management Limited
£166.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Graig Ship Management Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Graig Ship Management Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Graig Ship Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (4 weeks)
1 weeks - Graig Ship Management Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.5%, this is a lower level of debt than the average (68.6%)
15.5% - Graig Ship Management Limited
68.6% - Industry AVG
GRAIG SHIP MANAGEMENT LIMITED financials
Graig Ship Management Limited's latest turnover from December 2019 is £1.6 million and the company has net assets of £197 thousand. According to their latest financial statements, Graig Ship Management Limited has 1 employee and maintains cash reserves of £1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,551,000 | 1,862,000 | 2,279,000 | 2,834,000 | 2,194,576 | 1,712,552 | 1,375,041 | 971,317 | 803,876 | 857,993 | 717,126 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 405,000 | 79,680 | |||||||||
| Gross Profit | 1,146,000 | 1,862,000 | 2,279,000 | 2,834,000 | 2,194,576 | 1,712,552 | 1,375,041 | 971,317 | 724,195 | 857,993 | 717,126 |
| Admin Expenses | 2,345,028 | 2,042,981 | 1,951,801 | 1,619,848 | 1,654,884 | ||||||
| Operating Profit | -969,987 | -1,071,664 | -1,227,606 | -761,855 | -937,758 | ||||||
| Interest Payable | |||||||||||
| Interest Receivable | 49 | ||||||||||
| Pre-Tax Profit | -41,000 | 127,000 | 420,000 | -1,353,000 | -1,051,100 | -1,381,999 | -969,987 | -1,071,664 | -1,227,606 | -761,854 | -937,709 |
| Tax | 27,000 | -7,000 | 54,905 | ||||||||
| Profit After Tax | -14,000 | 120,000 | 420,000 | -1,353,000 | -1,051,100 | -1,381,999 | -969,987 | -1,071,664 | -1,227,606 | -761,854 | -882,804 |
| Dividends Paid | |||||||||||
| Retained Profit | -14,000 | 120,000 | 420,000 | -1,353,000 | -1,051,100 | -1,381,999 | -969,987 | -1,071,664 | -1,227,606 | -761,854 | -882,804 |
| Employee Costs | 1,138,000 | ||||||||||
| Number Of Employees | 1 | 13 | |||||||||
| EBITDA* | -969,987 | -1,071,664 | -1,227,606 | -761,855 | -937,758 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,000 | 16,000 | 28,000 | 23,000 | 16,332 | 21,234 | |||||
| Intangible Assets | |||||||||||
| Investments & Other | 6,000 | 342,000 | 431,818 | 528,778 | 529,827 | 342,418 | 139,771 | ||||
| Debtors (Due After 1 year) | 7,000 | ||||||||||
| Total Fixed Assets | 7,000 | 22,000 | 28,000 | 365,000 | 448,151 | 550,012 | 529,827 | 342,418 | 139,771 | ||
| Stock & work in progress | 853 | 819 | 1,172 | 1,169 | 628 | 78,402 | 74,032 | ||||
| Trade Debtors | 27,000 | 176,000 | 103,930 | 63,628 | 38,445 | 118,267 | 179,002 | 123,014 | 11,619 | ||
| Group Debtors | 214,000 | 90,000 | 14,000 | 560,000 | 28,838 | 22,776 | 494,035 | 315,478 | 157,493 | 76,450 | 114,353 |
| Misc Debtors | 3,000 | 8,000 | 20,000 | 32,000 | 35,454 | 29,404 | 36,287 | 27,387 | 89,101 | 35,292 | 25,097 |
| Cash | 1,000 | 151,000 | 146,000 | 174,000 | 158,359 | 5,700 | 115,446 | 64,141 | 55,435 | 21,488 | 168,709 |
| misc current assets | |||||||||||
| total current assets | 226,000 | 249,000 | 207,000 | 942,000 | 327,434 | 122,329 | 685,386 | 526,442 | 481,659 | 334,647 | 393,811 |
| total assets | 233,000 | 271,000 | 235,000 | 1,307,000 | 775,585 | 672,340 | 1,215,213 | 868,860 | 621,430 | 334,647 | 393,811 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 5,000 | 49,000 | 24,730 | 10,653 | 37,543 | 40,488 | 16,465 | 5,823 | 650 | ||
| Group/Directors Accounts | 49,000 | 54,000 | 13,447,000 | 13,007,269 | 11,378,901 | 9,420,732 | 7,527,426 | 7,074,947 | 5,546,164 | 4,633,682 | |
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 36,000 | 11,000 | 85,000 | 139,000 | 127,538 | 75,295 | 50,209 | 63,276 | 31,733 | 32,144 | 33,659 |
| total current liabilities | 36,000 | 60,000 | 144,000 | 13,635,000 | 13,159,538 | 11,464,850 | 9,508,484 | 7,631,190 | 7,123,145 | 5,584,132 | 4,667,991 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | |||||||||||
| total liabilities | 36,000 | 60,000 | 144,000 | 13,635,000 | 13,159,538 | 11,464,850 | 9,508,484 | 7,631,190 | 7,123,145 | 5,584,132 | 4,667,991 |
| net assets | 197,000 | 211,000 | 91,000 | -12,328,000 | -12,383,952 | -10,792,509 | -8,293,271 | -6,762,330 | -6,501,716 | -5,249,485 | -4,274,181 |
| total shareholders funds | 197,000 | 211,000 | 91,000 | -12,328,000 | -12,383,952 | -10,792,509 | -8,293,271 | -6,762,330 | -6,501,716 | -5,249,485 | -4,274,181 |
| 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 | -969,987 | -1,071,664 | -1,227,606 | -761,855 | -937,758 | ||||||
| Depreciation | 16,000 | 13,000 | 16,000 | 7,000 | 5,764 | 923 | |||||
| Amortisation | |||||||||||
| Tax | 27,000 | -7,000 | 54,905 | ||||||||
| Stock | -853 | 33 | -353 | 3 | 542 | -77,775 | 4,370 | 74,032 | |||
| Debtors | 126,000 | 37,000 | -707,000 | 599,778 | 52,413 | -452,959 | 107,636 | 35,536 | 190,840 | 83,687 | 151,069 |
| Creditors | -5,000 | -44,000 | 24,270 | 14,077 | -26,890 | -2,945 | 24,023 | 10,642 | 5,173 | 650 | |
| Accruals and Deferred Income | 25,000 | -74,000 | -54,000 | 11,462 | 52,243 | 25,086 | -13,067 | 31,543 | -411 | -1,515 | 33,659 |
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | -1,093,638 | -1,052,176 | -1,330,440 | -846,254 | -1,073,645 | ||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | -6,000 | 6,000 | -342,000 | -89,818 | -96,959 | -1,049 | 187,409 | 202,647 | 139,771 | ||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -49,000 | -5,000 | -13,393,000 | 439,731 | 1,628,368 | 1,958,169 | 1,893,306 | 452,478 | 1,528,783 | 912,482 | 4,633,682 |
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | 49 | ||||||||||
| cash flow from financing | -49,000 | -5,000 | -1,394,000 | 1,848,683 | 1,088,025 | 840,930 | 1,332,352 | 1,263,528 | 1,504,158 | 699,032 | 1,242,354 |
| cash and cash equivalents | |||||||||||
| cash | -150,000 | 5,000 | -28,000 | 15,641 | 152,659 | -109,746 | 51,305 | 8,706 | 33,947 | -147,221 | 168,709 |
| overdraft | |||||||||||
| change in cash | -150,000 | 5,000 | -28,000 | 15,641 | 152,659 | -109,746 | 51,305 | 8,706 | 33,947 | -147,221 | 168,709 |
graig ship management limited Credit Report and Business Information
Graig Ship Management Limited Competitor Analysis
Perform a competitor analysis for graig ship management limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in EC4N area or any other competitors across 12 key performance metrics.
graig ship management limited Ownership
GRAIG SHIP MANAGEMENT LIMITED group structure
Graig Ship Management Limited has no subsidiary companies.
Ultimate parent company
AI MISTRAL & CY SCA
#0104065
2 parents
GRAIG SHIP MANAGEMENT LIMITED
02962034
graig ship management limited directors
Graig Ship Management Limited currently has 1 director, Mr Edward McDermott serving since Aug 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward McDermott | England | 55 years | Aug 2017 | - | Director |
P&L
December 2019turnover
1.6m
-17%
operating profit
-14.6k
0%
gross margin
73.9%
-26.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
197k
-0.07%
total assets
233k
-0.14%
cash
1k
-0.99%
net assets
Total assets minus all liabilities
graig ship management limited company details
company number
02962034
Type
Private limited with Share Capital
industry
30110 - Building of ships and floating structures
incorporation date
August 1994
age
31
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2019
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
1st floor, 63, queen victoria street, london, EC4N 4UA
Bank
BARCLAYS BANK PLC
Legal Advisor
-
graig ship management 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 10 charges/mortgages relating to graig ship management limited. Currently there are 8 open charges and 2 have been satisfied in the past.
graig ship management 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 GRAIG SHIP MANAGEMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
graig ship management limited Companies House Filings - See Documents
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