new world marine insurance consultants limited

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new world marine insurance consultants limited Company Information

Share NEW WORLD MARINE INSURANCE CONSULTANTS LIMITED

Company Number

04197101

Shareholders

mr alan edward thomas

mrs nicola karen thomas

Group Structure

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Industry

Non-life insurance

 

Registered Address

3 warners mill, silks way, braintree, essex, CM7 3GB

new world marine insurance consultants limited Estimated Valuation

£186.6k

Pomanda estimates the enterprise value of NEW WORLD MARINE INSURANCE CONSULTANTS LIMITED at £186.6k based on a Turnover of £314.9k and 0.59x industry multiple (adjusted for size and gross margin).

new world marine insurance consultants limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NEW WORLD MARINE INSURANCE CONSULTANTS LIMITED at £0 based on an EBITDA of £-124.6k and a 6.65x industry multiple (adjusted for size and gross margin).

new world marine insurance consultants limited Estimated Valuation

£374.3k

Pomanda estimates the enterprise value of NEW WORLD MARINE INSURANCE CONSULTANTS LIMITED at £374.3k based on Net Assets of £222.4k and 1.68x industry multiple (adjusted for liquidity).

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New World Marine Insurance Consultants Limited Overview

New World Marine Insurance Consultants Limited is a live company located in braintree, CM7 3GB with a Companies House number of 04197101. It operates in the non-life insurance sector, SIC Code 65120. Founded in April 2001, it's largest shareholder is mr alan edward thomas with a 51% stake. New World Marine Insurance Consultants Limited is a mature, micro sized company, Pomanda has estimated its turnover at £314.9k with declining growth in recent years.

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New World Marine Insurance Consultants Limited Health Check

Pomanda's financial health check has awarded New World Marine Insurance Consultants Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £314.9k, make it smaller than the average company (£2.2m)

£314.9k - New World Marine Insurance Consultants Limited

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (10.5%)

-19% - New World Marine Insurance Consultants Limited

10.5% - Industry AVG

production

Production

with a gross margin of 100%, this company has a comparable cost of product (100%)

100% - New World Marine Insurance Consultants Limited

100% - Industry AVG

profitability

Profitability

an operating margin of -40.2% make it less profitable than the average company (17.9%)

-40.2% - New World Marine Insurance Consultants Limited

17.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (25)

2 - New World Marine Insurance Consultants Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £66.8k, the company has an equivalent pay structure (£66.8k)

£66.8k - New World Marine Insurance Consultants Limited

£66.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £157.5k, this is equally as efficient (£157.5k)

£157.5k - New World Marine Insurance Consultants Limited

£157.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - New World Marine Insurance Consultants Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - New World Marine Insurance Consultants Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - New World Marine Insurance Consultants Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 592 weeks, this is more cash available to meet short term requirements (18 weeks)

592 weeks - New World Marine Insurance Consultants Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 8%, this is a lower level of debt than the average (78.3%)

8% - New World Marine Insurance Consultants Limited

78.3% - Industry AVG

NEW WORLD MARINE INSURANCE CONSULTANTS LIMITED financials

EXPORTms excel logo

New World Marine Insurance Consultants Limited's latest turnover from April 2024 is estimated at £314.9 thousand and the company has net assets of £222.4 thousand. According to their latest financial statements, New World Marine Insurance Consultants Limited has 2 employees and maintains cash reserves of £215.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover314,943723,820627,199586,554593,802638,257661,038555,908564,50419,94742,5939,5017,9937,70810,399
Other Income Or Grants000000000000000
Cost Of Sales00187774422290,554343,9736,54641,0743,35110,7862,5791,9082,2992,715
Gross Profit314,943723,820627,012585,779593,380347,703317,065549,362523,43016,59631,8076,9226,0855,4097,684
Admin Expenses441,410642,039604,123575,873498,114200,858212,698508,868471,14621,84332,656-23,86990,073-2,725-173,078
Operating Profit-126,46781,78122,8899,90695,266146,845104,36740,49452,284-5,247-84930,791-83,9888,134180,762
Interest Payable000001,1116,46600000000
Interest Receivable16,47614,8842,10327523401195619536596416118641,398808
Pre-Tax Profit-109,99196,66524,99310,18195,500148,411105,69741,05453,238-4,588-20831,403-83,1249,532181,569
Tax0-24,166-4,749-1,934-18,145-28,252-20,309-7,800-10,64700-7,2230-2,478-50,839
Profit After Tax-109,99172,49920,2448,24777,355120,15985,38833,25442,590-4,588-20824,180-83,1247,054130,730
Dividends Paid000000000000000
Retained Profit-109,99172,49920,2448,24777,355120,15985,38833,25442,590-4,588-20824,180-83,1247,054130,730
Employee Costs133,593297,185293,384268,208264,151141,141142,844258,505248,93649,93349,26247,25846,35545,96044,359
Number Of Employees255555555111111
EBITDA*-124,65083,98725,77912,77198,079148,178105,62341,66753,520-3,6311,21832,507-82,06410,580182,615

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets1,8057,2679,3608,93710,03310,3243,7655,0213,8994,9336,1998,2666,9097,3969,598
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,8057,2679,3608,93710,03310,3243,7655,0213,8994,9336,1998,2666,9097,3969,598
Stock & work in progress000000000000000
Trade Debtors00000000010,11621,6783,9543,6653,0843,654
Group Debtors000000000000000
Misc Debtors24,4915,9059,83911,0036,3757,1266,1455,2654,706000000
Cash215,344412,311288,106272,721277,765189,516210,294209,685238,757142,624120,780135,459109,035236,374323,021
misc current assets000000000000000
total current assets239,835418,216297,945283,724284,140196,642216,439214,950243,463152,740142,458139,413112,700239,458326,675
total assets241,640425,483307,305292,661294,173206,966220,204219,971247,362157,673148,657147,679119,609246,854336,273
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 57216,08116,33714,99921,44115,85865,33227,326129,86363,51068,54767,26663,687105,662181,581
Group/Directors Accounts14,41840,8535,5435,8265104,0678432,905019,0340002,10422,208
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities3,90034,78823,92630,50138,92631,04424,43738,7480000000
total current liabilities18,89091,72245,80651,32660,87750,96990,61268,979129,86382,54468,54767,26663,687107,766203,789
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions3611,3811,6181,6981,9061,9627161,0047659851,3781,4731,1621,2041,654
total long term liabilities3611,3811,6181,6981,9061,9627161,0047659851,3781,4731,1621,2041,654
total liabilities19,25193,10347,42453,02462,78352,93191,32869,983130,62883,52969,92568,73964,849108,970205,443
net assets222,389332,380259,881239,637231,390154,035128,876149,988116,73474,14478,73278,94054,760137,884130,830
total shareholders funds222,389332,380259,881239,637231,390154,035128,876149,988116,73474,14478,73278,94054,760137,884130,830
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-126,46781,78122,8899,90695,266146,845104,36740,49452,284-5,247-84930,791-83,9888,134180,762
Depreciation1,8172,2062,8902,8652,8131,3331,2561,1731,2361,6162,0671,7161,9242,4461,853
Amortisation000000000000000
Tax0-24,166-4,749-1,934-18,145-28,252-20,309-7,800-10,64700-7,2230-2,478-50,839
Stock000000000000000
Debtors18,586-3,934-1,1644,628-751981880559-5,410-11,56217,724289581-5703,654
Creditors-15,509-2561,338-6,4425,583-49,47438,006-102,53766,353-5,0371,2813,579-41,975-75,919181,581
Accruals and Deferred Income-30,88810,862-6,575-8,4257,8826,607-14,31138,7480000000
Deferred Taxes & Provisions-1,020-237-80-208-561,246-288239-220-393-95311-42-4501,654
Cash flow from operations-190,65374,12416,877-8,86694,09477,324107,841-30,242114,4162,501-15,32028,885-124,662-67,697311,357
Investing Activities
capital expenditure3,645-113-3,313-1,769-2,52200-2,295-202-3500-3,073-1,437-244-11,451
Change in Investments000000000000000
cash flow from investments3,645-113-3,313-1,769-2,52200-2,295-202-3500-3,073-1,437-244-11,451
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-26,43535,310-2835,316-3,5573,224-2,0622,905-19,03419,03400-2,104-20,10422,208
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000-95,000-106,5000000000100
interest16,47614,8842,103275234-1,111-6,3475619536596416118641,398808
cash flow from financing-9,95950,1941,8205,591-3,323-92,887-114,9093,466-18,08119,693641611-1,240-18,70623,116
cash and cash equivalents
cash-196,967124,20515,385-5,04488,249-20,778609-29,07296,13321,844-14,67926,424-127,339-86,647323,021
overdraft000000000000000
change in cash-196,967124,20515,385-5,04488,249-20,778609-29,07296,13321,844-14,67926,424-127,339-86,647323,021

new world marine insurance consultants limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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New World Marine Insurance Consultants Limited Competitor Analysis

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Perform a competitor analysis for new world marine insurance consultants limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in CM7 area or any other competitors across 12 key performance metrics.

new world marine insurance consultants limited Ownership

NEW WORLD MARINE INSURANCE CONSULTANTS LIMITED group structure

New World Marine Insurance Consultants Limited has no subsidiary companies.

Ultimate parent company

NEW WORLD MARINE INSURANCE CONSULTANTS LIMITED

04197101

NEW WORLD MARINE INSURANCE CONSULTANTS LIMITED Shareholders

mr alan edward thomas 51%
mrs nicola karen thomas 49%

new world marine insurance consultants limited directors

New World Marine Insurance Consultants Limited currently has 2 directors. The longest serving directors include Mrs Nicola Thomas (Apr 2001) and Mr Alan Thomas (Apr 2001).

officercountryagestartendrole
Mrs Nicola ThomasEngland62 years Apr 2001- Director
Mr Alan ThomasEngland66 years Apr 2001- Director

P&L

April 2024

turnover

314.9k

-56%

operating profit

-126.5k

0%

gross margin

100%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

222.4k

-0.33%

total assets

241.6k

-0.43%

cash

215.3k

-0.48%

net assets

Total assets minus all liabilities

new world marine insurance consultants limited company details

company number

04197101

Type

Private limited with Share Capital

industry

65120 - Non-life insurance

incorporation date

April 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

LAMBERT CHAPMAN LLP

auditor

-

address

3 warners mill, silks way, braintree, essex, CM7 3GB

Bank

BARCLAYS BANK PLC

Legal Advisor

-

new world marine insurance consultants 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 new world marine insurance consultants limited.

new world marine insurance consultants 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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new world marine insurance consultants limited Companies House Filings - See Documents

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