britmar limited
britmar limited Company Information
Company Number
04083523
Website
http://www.britmarine.co.ukRegistered Address
5th floor, millbank tower, 21-24 millbank, london, SW1P 4QP
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
02074879717
Next Accounts Due
40 days late
Group Structure
View All
Shareholders
britmar (asia) pte ltd 100%
britmar limited Estimated Valuation
Pomanda estimates the enterprise value of BRITMAR LIMITED at £0 based on a Turnover of £-4.5m and 1.01x industry multiple (adjusted for size and gross margin).
britmar limited Estimated Valuation
Pomanda estimates the enterprise value of BRITMAR LIMITED at £0 based on an EBITDA of £-3.8m and a 3.86x industry multiple (adjusted for size and gross margin).
britmar limited Estimated Valuation
Pomanda estimates the enterprise value of BRITMAR LIMITED at £38.3m based on Net Assets of £21.2m and 1.81x industry multiple (adjusted for liquidity).
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Britmar Limited Overview
Britmar Limited is a live company located in london, SW1P 4QP with a Companies House number of 04083523. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2000, it's largest shareholder is britmar (asia) pte ltd with a 100% stake. Britmar Limited is a mature, micro sized company, Pomanda has estimated its turnover at £-4.5m with unknown growth in recent years.
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Britmar Limited Health Check
Pomanda's financial health check has awarded Britmar Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £-4.5m, make it smaller than the average company (£17.9m)
£-4.5m - Britmar Limited
£17.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Britmar Limited
- - Industry AVG
Production
with a gross margin of 36%, this company has a comparable cost of product (36%)
36% - Britmar Limited
36% - Industry AVG
Profitability
an operating margin of 85.1% make it more profitable than the average company (5.2%)
85.1% - Britmar Limited
5.2% - Industry AVG
Employees
with -24 employees, this is below the industry average (106)
- Britmar Limited
106 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Britmar Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £186.5k, this is equally as efficient (£178.4k)
- Britmar Limited
£178.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Britmar Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (48 days)
0 days - Britmar Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Britmar Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (15 weeks)
6 weeks - Britmar Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.3%, this is a similar level of debt than the average (69.8%)
63.3% - Britmar Limited
69.8% - Industry AVG
BRITMAR LIMITED financials
Britmar Limited's latest turnover from December 2022 is -£4.5 million and the company has net assets of £21.2 million. According to their latest financial statements, we estimate that Britmar Limited has no employee and maintains cash reserves of £4.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | -4,474,961 | 3,506,437 | 4,104,033 | 4,829,353 | -1,811,081 | 4,629,874 | 556,792 | -670,426 | 0 | 0 | 0 | 0 | 0 | |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 4,270,112 | 330,541 | -1,145,521 | -106,501 | -129,462 | -61,738 | 42,043 | 100,248 | ||||||
| Interest Payable | 5,400 | 17,595 | 0 | 0 | 197,588 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 285 | 965 | 2,302 | 8,299 | 14,696 | |
| Pre-Tax Profit | -4,973,206 | 1,679,622 | 3,830,840 | 4,333,823 | -2,350,827 | 4,270,112 | 329,937 | -1,165,273 | 126,647 | 232,747 | 480,856 | -123,267 | 285,940 | |
| Tax | 1,233,120 | -249,173 | -1,138,271 | -480,761 | 0 | 0 | 0 | 0 | -31,515 | -1,128 | 0 | 623,038 | -273,374 | |
| Profit After Tax | -3,740,086 | 1,430,448 | 2,692,568 | 3,853,063 | -2,350,827 | 4,270,112 | 329,937 | -1,165,273 | 95,132 | 231,619 | 480,856 | 499,771 | 12,567 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -3,740,086 | 1,430,448 | 2,692,568 | 3,853,063 | -2,350,827 | 4,270,112 | 329,937 | -1,165,273 | 95,132 | 231,619 | 480,856 | 499,771 | 12,567 | |
| Employee Costs | 0 | 0 | ||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 4,270,112 | 330,541 | -1,145,521 | -106,501 | -129,462 | -61,738 | 42,043 | 100,248 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 122,318 | 0 | 0 | 15 | 3,787 | 35,050,372 | 32,680,059 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 28,878,292 | 34,449,703 | 27,562,654 | 34,097,011 | 34,002,686 | 35,042,975 | 32,680,059 | 31,984,832 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 29,000,611 | 34,449,703 | 27,562,654 | 34,097,027 | 34,006,473 | 35,050,371 | 32,680,059 | 31,984,832 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 23,967,277 | 18,919,549 | 9,753,099 | 2,876,233 | 3,251,752 | 983,499 | 1,951,248 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 47,704 | 49,192 | 77,289 | 71,831 | 32,440 | 2,403 | 4,041 | 6,881 | 0 | 1,842 | 2,479 | 870 | 0 | 0 |
| Cash | 4,448,075 | 4,386,832 | 3,390,244 | 1,531,557 | 2,878,746 | 3,731,966 | 4,739,914 | 2,887,012 | 2,221,008 | 3,771,823 | 11,628,080 | 13,468,260 | 16,935,873 | 0 |
| misc current assets | 182,053 | 63,240 | 2,100,555 | 0 | 0 | 0 | 0 | 0 | 35,158,106 | 29,737,238 | 24,429,450 | 26,145,456 | 16,384,635 | 0 |
| total current assets | 28,645,109 | 23,418,814 | 15,321,188 | 4,479,622 | 6,162,940 | 4,717,869 | 6,695,204 | 2,893,894 | 37,379,115 | 33,510,903 | 36,060,009 | 39,614,586 | 33,320,508 | 0 |
| total assets | 57,645,720 | 57,868,517 | 42,883,842 | 38,576,649 | 40,169,413 | 39,768,240 | 39,375,263 | 34,878,726 | 37,379,115 | 33,510,903 | 36,060,009 | 39,614,586 | 33,320,508 | 0 |
| Bank overdraft | 0 | 1,502,992 | 1,658,905 | 3,823,782 | 7,040,760 | 6,130,452 | 790,110 | 2,700,151 | 1 | 1 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,593,082 | 3,313,823 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,184 | 87,897 | 22 | 2,340 | 3,545 | 397 | 0 | 41,290 | 7,939 | 11,926 | 14,804 | 0 | 0 | 0 |
| Group/Directors Accounts | 35,606,266 | 29,597,839 | 13,612,179 | 13,471,972 | 14,435,429 | 0 | 0 | 19,041,367 | 12,458,280 | 17,604,843 | 24,531,505 | 28,462,055 | 21,945,003 | 0 |
| other short term finances | 333,162 | 0 | 4,532,665 | 2,029,323 | 2,544,856 | 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 |
| other current liabilities | 538,999 | 1,776,594 | 1,619,032 | 480,760 | 0 | 15,538,796 | 24,756,669 | 0 | 0 | 1,128 | 0 | 109,489 | 752,377 | 0 |
| total current liabilities | 36,482,612 | 32,965,323 | 21,422,803 | 19,808,178 | 24,024,591 | 21,669,646 | 25,546,780 | 21,782,808 | 22,059,302 | 20,931,721 | 24,546,309 | 28,571,545 | 22,697,381 | 0 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 36,482,612 | 32,965,323 | 21,422,803 | 19,808,178 | 24,024,591 | 21,669,646 | 25,546,780 | 21,782,808 | 22,059,302 | 20,931,721 | 24,546,309 | 28,571,545 | 22,697,381 | 0 |
| net assets | 21,163,108 | 24,903,195 | 21,461,039 | 18,768,471 | 16,144,823 | 18,098,595 | 13,828,483 | 13,095,918 | 15,319,812 | 12,579,182 | 11,513,700 | 11,043,041 | 10,623,128 | 0 |
| total shareholders funds | 21,163,108 | 24,903,195 | 21,461,039 | 18,768,471 | 16,144,823 | 18,098,595 | 13,828,483 | 13,095,918 | 15,319,812 | 12,579,182 | 11,513,700 | 11,043,041 | 10,623,128 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 4,270,112 | 330,541 | -1,145,521 | -106,501 | -129,462 | -61,738 | 42,043 | 100,248 | ||||||
| Depreciation | 17,805 | 0 | 16 | 3,483 | 3,771 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | 1,233,120 | -249,173 | -1,138,271 | -480,761 | 0 | 0 | 0 | 0 | -31,515 | -1,128 | 0 | 623,038 | -273,374 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 5,046,240 | 9,138,353 | 6,882,323 | -336,128 | 2,298,291 | -969,388 | 1,948,409 | 6,881 | -1,842 | -637 | 2,479 | 870 | 0 | 0 |
| Creditors | -83,713 | 87,876 | -2,318 | -1,205 | 3,148 | 397 | -41,290 | 33,351 | -3,987 | -2,878 | 14,804 | 0 | 0 | 0 |
| Accruals and Deferred Income | -1,237,595 | 157,562 | 1,138,272 | 480,760 | -15,538,796 | -9,217,873 | 24,756,669 | 0 | -1,128 | 1,128 | -752,377 | -642,888 | 752,377 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -3,977,976 | -1,119,051 | -141,289 | -131,703 | -801,790 | 21,323 | 579,251 | |||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | ||||||||||||
| Change in Investments | -5,571,411 | 6,887,049 | -6,534,357 | 94,325 | -1,040,289 | 2,362,916 | 695,227 | 31,984,832 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 5,571,411 | -6,887,049 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,593,082 | 6,279,259 | 3,313,823 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 6,008,427 | 15,985,661 | 140,207 | -963,457 | 14,435,429 | 0 | -19,041,367 | 6,583,087 | -5,146,563 | -6,926,661 | 2,586,502 | 6,517,052 | 21,945,003 | 0 |
| Other Short Term Loans | 333,162 | -4,532,665 | 2,503,342 | -515,533 | 2,544,856 | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -5,400 | -17,595 | 0 | 0 | -197,588 | 0 | 0 | 0 | 285 | 965 | 2,302 | 8,299 | 14,696 | |
| cash flow from financing | 6,336,189 | 13,447,108 | 2,643,549 | -2,708,404 | 17,179,751 | 0 | -18,638,738 | -4,068,616 | 3,778,479 | -2,778,010 | 2,998,520 | 6,445,493 | 32,570,260 | |
| cash and cash equivalents | ||||||||||||||
| cash | 61,243 | 996,588 | 1,858,687 | -1,347,189 | -853,220 | -1,007,948 | 1,852,902 | 666,004 | -1,550,814 | -7,856,257 | -5,307,793 | -3,467,613 | 16,935,873 | 0 |
| overdraft | -1,502,992 | -155,913 | -2,164,877 | -3,216,978 | 910,308 | 5,340,342 | -1,910,041 | 2,700,150 | 0 | 1 | 0 | 0 | 0 | 0 |
| change in cash | 1,564,235 | 1,152,501 | 4,023,564 | 1,869,789 | -1,763,528 | -6,348,290 | 3,762,943 | -2,034,146 | -1,550,814 | -7,856,258 | -5,307,793 | -3,467,613 | 16,935,873 | 0 |
britmar limited Credit Report and Business Information
Britmar Limited Competitor Analysis
Perform a competitor analysis for britmar limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SW1P area or any other competitors across 12 key performance metrics.
britmar limited Ownership
BRITMAR LIMITED group structure
Britmar Limited has no subsidiary companies.
Ultimate parent company
BRITMAR (ASIA) PTE LTD
#0046864
1 parent
BRITMAR LIMITED
04083523
britmar limited directors
Britmar Limited currently has 2 directors. The longest serving directors include Mr Alan Bekhor (Oct 2000) and Mr Joseph Bekhor (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Bekhor | United Kingdom | 64 years | Oct 2000 | - | Director |
| Mr Joseph Bekhor | United Kingdom | 36 years | Apr 2018 | - | Director |
P&L
December 2022turnover
-4.5m
-228%
operating profit
-3.8m
0%
gross margin
36.1%
+3.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
21.2m
-0.15%
total assets
57.6m
0%
cash
4.4m
+0.01%
net assets
Total assets minus all liabilities
britmar limited company details
company number
04083523
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
October 2000
age
24
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
dualsave limited (October 2000)
accountant
-
auditor
GERALD EDELMAN LLP
address
5th floor, millbank tower, 21-24 millbank, london, SW1P 4QP
Bank
-
Legal Advisor
-
britmar 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 6 charges/mortgages relating to britmar limited. Currently there are 2 open charges and 4 have been satisfied in the past.
britmar limited Companies House Filings - See Documents
| date | description | view/download |
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