gordon marine & company limited
gordon marine & company limited Company Information
Company Number
04262930
Website
www.gordonmarine.co.ukRegistered Address
3rd floor, princess caroline house, southend-on-sea, essex, SS1 1JE
Industry
Other business support service activities n.e.c.
Telephone
01277222403
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
robert lindsay gordon 30%
carla gordon 30%
View Allgordon marine & company limited Estimated Valuation
Pomanda estimates the enterprise value of GORDON MARINE & COMPANY LIMITED at £1.1m based on a Turnover of £2.5m and 0.44x industry multiple (adjusted for size and gross margin).
gordon marine & company limited Estimated Valuation
Pomanda estimates the enterprise value of GORDON MARINE & COMPANY LIMITED at £0 based on an EBITDA of £-77.3k and a 3.52x industry multiple (adjusted for size and gross margin).
gordon marine & company limited Estimated Valuation
Pomanda estimates the enterprise value of GORDON MARINE & COMPANY LIMITED at £3.5m based on Net Assets of £1.4m and 2.57x industry multiple (adjusted for liquidity).
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Gordon Marine & Company Limited Overview
Gordon Marine & Company Limited is a dissolved company that was located in southend-on-sea, SS1 1JE with a Companies House number of 04262930. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2001, it's largest shareholder was robert lindsay gordon with a 30% stake. The last turnover for Gordon Marine & Company Limited was estimated at £2.5m.
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Gordon Marine & Company Limited Health Check
Pomanda's financial health check has awarded Gordon Marine & Company Limited a 3.5 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
2 Regular
5 Weak
Size
annual sales of £2.2m, make it in line with the average company (£1.9m)
- Gordon Marine & Company Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (4.2%)
- Gordon Marine & Company Limited
4.2% - Industry AVG
Production
with a gross margin of 16.7%, this company has a higher cost of product (37.7%)
- Gordon Marine & Company Limited
37.7% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (6%)
- Gordon Marine & Company Limited
6% - Industry AVG
Employees
with 3 employees, this is below the industry average (18)
3 - Gordon Marine & Company Limited
18 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
- Gordon Marine & Company Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £746.4k, this is more efficient (£127k)
- Gordon Marine & Company Limited
£127k - Industry AVG
Debtor Days
it gets paid by customers after 195 days, this is later than average (42 days)
- Gordon Marine & Company Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (35 days)
- Gordon Marine & Company Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gordon Marine & Company Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gordon Marine & Company Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.3%, this is a lower level of debt than the average (64.3%)
3.3% - Gordon Marine & Company Limited
64.3% - Industry AVG
GORDON MARINE & COMPANY LIMITED financials
Gordon Marine & Company Limited's latest turnover from October 2019 is estimated at £2.5 million and the company has net assets of £1.4 million. According to their latest financial statements, Gordon Marine & Company Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 3,747 | 504,687 | 512,672 | 16,120 | 20,150 | 22,891 | 30,689 | 37,104 | 16,758 | 20,937 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 500,000 | 500,000 | 500,000 | 500,000 | 0 | 50,000 | 50,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 3,747 | 504,687 | 512,672 | 516,120 | 520,150 | 522,891 | 530,689 | 37,104 | 66,758 | 70,937 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,388,646 | 1,199,743 | 824,280 | 861,385 | 154,397 | 207,953 | 200,469 | 184,587 | 90,148 | 117,131 | 157,899 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 243,917 | 183,558 | 142,008 | 65,305 | 84,444 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 699,560 | 540,406 | 534,279 | 415,970 | 828,690 | 728,999 | 461,414 |
| misc current assets | 1,333 | 37,983 | 42,810 | 30,399 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,389,979 | 1,481,643 | 1,050,648 | 1,033,792 | 919,262 | 832,803 | 734,748 | 600,557 | 918,838 | 846,130 | 619,313 |
| total assets | 1,389,979 | 1,485,390 | 1,555,335 | 1,546,464 | 1,435,382 | 1,352,953 | 1,257,639 | 1,131,246 | 955,942 | 912,888 | 690,250 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32,230 | 13,072 | 15,448 | 1,643 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,659 | 36,607 | 90,641 | 105,164 | 146,776 | 101,874 | 117,978 | 135,399 | 166,686 | 203,545 | 118,737 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 15,659 | 36,607 | 90,641 | 105,164 | 146,776 | 101,874 | 117,978 | 167,629 | 179,758 | 218,993 | 120,380 |
| loans | 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 |
| Accruals and Deferred Income | 1,980 | 12,267 | 15,096 | 34,847 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 77 | 77 | 455 |
| total long term liabilities | 1,980 | 12,267 | 15,096 | 34,847 | 0 | 0 | 0 | 0 | 77 | 77 | 455 |
| total liabilities | 17,639 | 48,874 | 105,737 | 140,011 | 146,776 | 101,874 | 117,978 | 167,629 | 179,835 | 219,070 | 120,835 |
| net assets | 1,372,340 | 1,436,516 | 1,449,598 | 1,406,453 | 1,288,606 | 1,251,079 | 1,139,661 | 963,617 | 776,107 | 693,818 | 569,415 |
| total shareholders funds | 1,372,340 | 1,436,516 | 1,449,598 | 1,406,453 | 1,288,606 | 1,251,079 | 1,139,661 | 963,617 | 776,107 | 693,818 | 569,415 |
| Oct 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 6,220 | 7,038 | 7,798 | 10,697 | 14,085 | 5,732 | 7,568 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 380,808 | 435,822 | 4,445 | 783,691 | -72,695 | 91,928 | 15,882 | 94,439 | -26,983 | -40,768 | 157,899 |
| Creditors | -74,982 | -54,034 | -14,523 | -41,612 | 44,902 | -16,104 | -17,421 | -31,287 | -36,859 | 84,808 | 118,737 |
| Accruals and Deferred Income | -13,116 | -2,829 | -19,751 | 34,847 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -77 | 0 | -378 | 455 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | -500,000 | 0 | 0 | 0 | 500,000 | -50,000 | 0 | 50,000 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | -699,560 | 159,154 | 6,127 | 118,309 | -412,720 | 99,691 | 267,585 | 461,414 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -32,230 | 19,158 | -2,376 | 13,805 | 1,643 |
| change in cash | 0 | 0 | 0 | -699,560 | 159,154 | 6,127 | 150,539 | -431,878 | 102,067 | 253,780 | 459,771 |
gordon marine & company limited Credit Report and Business Information
Gordon Marine & Company Limited Competitor Analysis
Perform a competitor analysis for gordon marine & company limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gordon marine & company limited Ownership
GORDON MARINE & COMPANY LIMITED group structure
Gordon Marine & Company Limited has no subsidiary companies.
Ultimate parent company
GORDON MARINE & COMPANY LIMITED
04262930
gordon marine & company limited directors
Gordon Marine & Company Limited currently has 4 directors. The longest serving directors include Mr Robert Gordon (Feb 2002) and Miss Lydia Gordon (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Gordon | 81 years | Feb 2002 | - | Director | |
| Miss Lydia Gordon | 43 years | Mar 2019 | - | Director | |
| Miss Anna Gordon | England | 41 years | Mar 2019 | - | Director |
| Mrs Carla Gordon | England | 79 years | Mar 2019 | - | Director |
P&L
October 2019turnover
2.5m
+61%
operating profit
-77.3k
0%
gross margin
16.9%
+0.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2019net assets
1.4m
-0.05%
total assets
1.4m
-0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
gordon marine & company limited company details
company number
04262930
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
August 2001
age
23
accounts
Micro-Entity Accounts
ultimate parent company
previous names
augurship limited (March 2002)
augurship 214 limited (March 2002)
incorporated
UK
address
3rd floor, princess caroline house, southend-on-sea, essex, SS1 1JE
last accounts submitted
October 2019
gordon marine & company 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 gordon marine & company limited.
gordon marine & company limited Companies House Filings - See Documents
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