Pomanda estimates the enterprise value of MARITIME BUNKERING LIMITED at £35.9m based on a Turnover of £55.1m and 0.65x industry multiple (adjusted for size and gross margin).
maritime bunkering limitedEstimated Valuation
£13m
Pomanda estimates the enterprise value of MARITIME BUNKERING LIMITED at £13m based on an EBITDA of £2.6m and a 4.92x industry multiple (adjusted for size and gross margin).
maritime bunkering limitedEstimated Valuation
£5m
Pomanda estimates the enterprise value of MARITIME BUNKERING LIMITED at £5m based on Net Assets of £2.3m and 2.16x industry multiple (adjusted for liquidity).
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Maritime Bunkering LimitedOverview
Maritime Bunkering Limited is a live company located in hull, HU1 2BN with a Companies House number of 03156664. It operates in the other transportation support activities sector, SIC Code 52290. Founded in February 1996, it's largest shareholder is
j r rix & sons ltd
with a 100% stake. Maritime Bunkering Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£55.1m with
high
growth in recent years.
Pomanda's financial health check has awarded Maritime Bunkering Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
1 Regular
5 Weak
Size
annual sales of £55.1m, make it larger than the average company (£12.3m)
£55.1m - Maritime Bunkering Limited
£12.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (12.3%)
20% - Maritime Bunkering Limited
12.3% - Industry AVG
Production
with a gross margin of 6.4%, this company has a higher cost of product (23.3%)
6.4% - Maritime Bunkering Limited
23.3% - Industry AVG
Profitability
an operating margin of 4.8% make it as profitable than the average company (5.2%)
4.8% - Maritime Bunkering Limited
5.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (47)
4 - Maritime Bunkering Limited
47 - Industry AVG
Pay Structure
on an average salary of £136.9k, the company has a higher pay structure (£47.9k)
£136.9k - Maritime Bunkering Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £13.8m, this is more efficient (£267.9k)
£13.8m - Maritime Bunkering Limited
£267.9k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (45 days)
19 days - Maritime Bunkering Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (34 days)
20 days - Maritime Bunkering Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (5 days)
3 days - Maritime Bunkering Limited
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 42 weeks, this is more cash available to meet short term requirements (16 weeks)
42 weeks - Maritime Bunkering Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.4%, this is a higher level of debt than the average (60.7%)
75.4% - Maritime Bunkering Limited
60.7% - Industry AVG
MARITIME BUNKERING LIMITED financials
EXPORT
Maritime Bunkering Limited's latest turnover from December 2023 is £55.1 million and the company has net assets of £2.3 million. According to their latest financial statements, Maritime Bunkering Limited has 4 employees and maintains cash reserves of £5.8 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
55,060,052
96,296,051
55,727,238
32,190,598
55,433,415
62,767,557
42,224,477
25,532,210
30,552,536
55,816,011
66,421,888
75,476,050
75,727,176
57,618,720
51,054,172
Other Income Or Grants
Cost Of Sales
51,548,898
90,614,087
52,900,921
30,389,255
53,547,130
60,538,838
40,665,439
24,285,088
29,369,493
54,645,671
65,566,605
74,448,706
74,814,784
56,673,527
50,071,160
Gross Profit
3,511,154
5,681,964
2,826,317
1,801,343
1,886,285
2,228,719
1,559,038
1,247,122
1,183,043
1,170,340
855,283
1,027,344
912,392
945,193
983,012
Admin Expenses
873,203
1,044,313
684,819
602,531
591,962
562,151
501,068
203,007
465,074
459,088
414,610
383,341
361,705
375,724
379,525
Operating Profit
2,637,951
4,637,651
2,141,498
1,198,812
1,294,323
1,666,568
1,057,970
1,044,115
717,969
711,252
440,673
644,003
550,687
569,469
603,487
Interest Payable
15,484
23,592
10,998
15,141
2,792
15,138
Interest Receivable
255,599
58,742
8,147
15,910
21,926
29,115
17,100
Pre-Tax Profit
2,893,550
4,696,393
2,134,161
1,191,130
1,305,251
1,680,542
1,072,278
1,044,115
717,969
711,252
440,673
644,003
550,687
569,469
603,487
Tax
-671,332
-901,519
-405,487
-226,351
-240,662
-327,552
-207,050
-158,647
-144,077
-153,584
-102,952
-158,182
-144,578
-158,839
-168,258
Profit After Tax
2,222,218
3,794,874
1,728,674
964,779
1,064,589
1,352,990
865,228
885,468
573,892
557,668
337,721
485,821
406,109
410,630
435,229
Dividends Paid
3,800,000
1,700,000
1,050,000
800,000
1,500,000
850,000
900,000
650,000
500,000
300,000
500,000
400,000
400,000
430,000
850,000
Retained Profit
-1,577,782
2,094,874
678,674
164,779
-435,411
502,990
-34,772
235,468
73,892
257,668
-162,279
85,821
6,109
-19,370
-414,771
Employee Costs
547,608
697,660
412,255
393,613
383,955
358,578
304,060
157,119
149,992
217,054
172,028
163,235
157,185
166,564
153,681
Number Of Employees
4
4
4
4
4
5
5
4
4
5
5
5
5
5
5
EBITDA*
2,637,951
4,637,651
2,141,498
1,198,812
1,294,323
1,666,568
1,057,970
1,044,115
717,969
711,252
440,673
644,003
550,687
569,469
603,487
* 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
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
514,706
1,104,030
518,570
303,066
423,671
608,103
147,491
252,029
225,305
278,504
419,065
513,281
67,578
24,964
17,691
Trade Debtors
2,927,177
3,887,692
4,105,960
1,739,168
3,968,721
4,233,576
3,682,814
1,908,057
750,240
2,228,534
2,459,191
3,627,960
3,157,098
3,818,675
2,932,616
Group Debtors
2,621,983
792,690
164,924
188,309
789,375
38,037
5,471
436,671
1,488,878
587,493
640,675
894,130
1,653,859
Misc Debtors
107,458
156,529
156,785
98,252
238,649
151,406
1,525
12,034
5,942
9,227
17,627
50,409
42,691
41,175
32,569
Cash
5,822,120
2,459,247
1,937,796
1,842,551
1,200,913
862,148
508,996
919,337
968,190
265,613
141,154
1,138,709
1,146,234
473,254
misc current assets
total current assets
9,371,461
10,229,481
7,511,801
3,983,037
5,996,878
6,043,542
5,130,201
3,129,494
1,955,148
3,218,549
4,525,915
5,917,852
5,054,276
5,252,198
4,636,735
total assets
9,371,461
10,229,481
7,511,801
3,983,037
5,996,878
6,043,542
5,130,201
3,129,494
1,955,148
3,218,549
4,525,915
5,917,852
5,054,276
5,252,198
4,636,735
Bank overdraft
415,321
624,611
932,727
207,968
910,830
68,597
535,624
737,279
31
632,717
534,579
1,071,779
465,783
9,592
Bank loan
Trade Creditors
2,880,533
4,433,911
4,171,163
1,610,260
3,664,457
4,029,568
3,040,799
756,791
748,217
1,463,099
3,124,684
3,605,713
3,438,642
4,468,390
3,856,979
Group/Directors Accounts
2,984,932
208,100
171,349
795,335
188,790
182,949
398,623
533,335
373,322
334,299
404,978
338,683
244,698
196,006
152,746
other short term finances
hp & lease commitments
other current liabilities
784,357
1,078,759
447,336
258,922
287,028
381,244
276,961
189,123
156,080
184,828
115,736
393,460
482,757
171,515
181,761
total current liabilities
7,065,143
6,345,381
5,722,575
2,872,485
5,051,105
4,662,358
4,252,007
2,216,528
1,277,650
2,614,943
4,179,977
5,409,635
4,631,880
4,835,911
4,201,078
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
7,065,143
6,345,381
5,722,575
2,872,485
5,051,105
4,662,358
4,252,007
2,216,528
1,277,650
2,614,943
4,179,977
5,409,635
4,631,880
4,835,911
4,201,078
net assets
2,306,318
3,884,100
1,789,226
1,110,552
945,773
1,381,184
878,194
912,966
677,498
603,606
345,938
508,217
422,396
416,287
435,657
total shareholders funds
2,306,318
3,884,100
1,789,226
1,110,552
945,773
1,381,184
878,194
912,966
677,498
603,606
345,938
508,217
422,396
416,287
435,657
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
2,637,951
4,637,651
2,141,498
1,198,812
1,294,323
1,666,568
1,057,970
1,044,115
717,969
711,252
440,673
644,003
550,687
569,469
603,487
Depreciation
Amortisation
Tax
-671,332
-901,519
-405,487
-226,351
-240,662
-327,552
-207,050
-158,647
-144,077
-153,584
-102,952
-158,182
-144,578
-158,839
-168,258
Stock
-589,324
585,460
215,504
-120,605
-184,432
460,612
-104,538
26,724
-53,199
-140,561
-94,216
445,703
42,614
7,273
17,691
Debtors
-3,631,569
1,610,769
3,218,015
-2,534,874
-200,997
99,577
2,515,586
1,196,475
-1,912,779
-1,291,264
-300,166
425,398
-913,516
134,936
4,619,044
Creditors
-1,553,378
262,748
2,560,903
-2,054,197
-365,111
988,769
2,284,008
8,574
-714,882
-1,661,585
-481,029
167,071
-1,029,748
611,411
3,856,979
Accruals and Deferred Income
-294,402
631,423
188,414
-28,106
-94,216
104,283
87,838
33,043
-28,748
69,092
-277,724
-89,297
311,242
-10,246
181,761
Deferred Taxes & Provisions
Cash flow from operations
4,339,732
2,434,074
1,051,809
1,545,637
979,763
1,871,879
811,718
-296,114
1,796,240
397,000
-26,650
-307,506
558,505
869,586
-162,766
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
2,776,832
36,751
-623,986
606,545
5,841
-215,674
-134,712
160,013
39,023
-70,679
66,295
93,985
48,692
43,260
152,746
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
850,428
interest
255,599
58,742
-7,337
-7,682
10,928
13,974
14,308
-15,138
cash flow from financing
3,032,431
95,493
-631,323
598,863
16,769
-201,700
-120,404
160,013
39,023
-70,679
66,295
93,985
33,554
43,260
1,003,174
cash and cash equivalents
cash
3,362,873
521,451
95,245
641,638
338,765
353,152
-410,341
-48,853
702,577
124,459
-997,555
-7,525
672,980
473,254
overdraft
-209,290
-308,116
724,759
-702,862
842,233
-467,027
-201,655
737,248
-632,686
98,138
-537,200
605,996
465,783
-9,592
9,592
change in cash
3,572,163
829,567
-629,514
1,344,500
-503,468
820,179
-208,686
-786,101
1,335,263
26,321
-460,355
-613,521
207,197
482,846
-9,592
maritime bunkering limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for maritime bunkering limited. Get real-time insights into maritime bunkering limited's credit score, group structure and payment trends.
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maritime bunkering limited Ownership
MARITIME BUNKERING LIMITED group structure
Maritime Bunkering Limited has no subsidiary companies.
2 humber quays, wellington street west, hull, HU1 2BN
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
maritime bunkering 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 9 charges/mortgages relating to maritime bunkering limited. Currently there are 8 open charges and 1 have been satisfied in the past.
maritime bunkering 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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maritime bunkering limitedCompanies House Filings - See Documents
