regs4ships limited
regs4ships limited Company Information
Company Number
04430411
Next Accounts
19 days late
Directors
Shareholders
oneocean group limited
Group Structure
View All
Industry
Business and domestic software development
Registered Address
71 fenchurch street, london, EC3M 4BS
Website
www.regs4ships.comregs4ships limited Estimated Valuation
Pomanda estimates the enterprise value of REGS4SHIPS LIMITED at £1.4m based on a Turnover of £1.5m and 0.98x industry multiple (adjusted for size and gross margin).
regs4ships limited Estimated Valuation
Pomanda estimates the enterprise value of REGS4SHIPS LIMITED at £2.1m based on an EBITDA of £351k and a 5.98x industry multiple (adjusted for size and gross margin).
regs4ships limited Estimated Valuation
Pomanda estimates the enterprise value of REGS4SHIPS LIMITED at £12m based on Net Assets of £5.1m and 2.38x industry multiple (adjusted for liquidity).
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Regs4ships Limited Overview
Regs4ships Limited is a live company located in london, EC3M 4BS with a Companies House number of 04430411. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2002, it's largest shareholder is oneocean group limited with a 100% stake. Regs4ships Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.
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Regs4ships Limited Health Check
Pomanda's financial health check has awarded Regs4Ships Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£3.5m)
£1.5m - Regs4ships Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (8.4%)
-7% - Regs4ships Limited
8.4% - Industry AVG
Production
with a gross margin of 86.7%, this company has a comparable cost of product (72.3%)
86.7% - Regs4ships Limited
72.3% - Industry AVG
Profitability
an operating margin of 20% make it more profitable than the average company (3.6%)
20% - Regs4ships Limited
3.6% - Industry AVG
Employees
with 13 employees, this is below the industry average (32)
13 - Regs4ships Limited
32 - Industry AVG
Pay Structure
on an average salary of £52.8k, the company has a lower pay structure (£66.4k)
£52.8k - Regs4ships Limited
£66.4k - Industry AVG
Efficiency
resulting in sales per employee of £112.5k, this is equally as efficient (£112.5k)
£112.5k - Regs4ships Limited
£112.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Regs4ships Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 454 days, this is slower than average (44 days)
454 days - Regs4ships Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Regs4ships Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (19 weeks)
1 weeks - Regs4ships Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.7%, this is a lower level of debt than the average (61.1%)
14.7% - Regs4ships Limited
61.1% - Industry AVG
REGS4SHIPS LIMITED financials
Regs4Ships Limited's latest turnover from June 2023 is £1.5 million and the company has net assets of £5.1 million. According to their latest financial statements, Regs4Ships Limited has 13 employees and maintains cash reserves of £20 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Aug 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,463,000 | 1,904,000 | 1,609,000 | 1,806,000 | 1,929,000 | 2,349,000 | 3,141,000 | 2,603,000 | 2,367,000 | 1,947,000 | |||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 195,000 | 238,000 | 215,000 | 243,000 | 187,000 | 279,000 | 379,000 | 286,000 | 223,000 | 147,000 | |||||
| Gross Profit | 1,268,000 | 1,666,000 | 1,394,000 | 1,563,000 | 1,742,000 | 2,070,000 | 2,762,000 | 2,317,000 | 2,144,000 | 1,800,000 | |||||
| Admin Expenses | 975,000 | 1,041,000 | 1,098,000 | 1,121,000 | 1,084,000 | 1,173,000 | 1,573,000 | 1,489,000 | 1,586,000 | 1,206,000 | |||||
| Operating Profit | 293,000 | 625,000 | 296,000 | 442,000 | 658,000 | 897,000 | 1,189,000 | 828,000 | 558,000 | 594,000 | |||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 293,000 | 625,000 | 296,000 | 442,000 | 658,000 | 897,000 | 1,189,000 | 828,000 | 558,000 | 594,000 | |||||
| Tax | -6,000 | -118,000 | -58,000 | 126,000 | -125,000 | -171,000 | -239,000 | -17,000 | 11,000 | -91,000 | |||||
| Profit After Tax | 287,000 | 507,000 | 238,000 | 568,000 | 533,000 | 726,000 | 950,000 | 811,000 | 569,000 | 503,000 | |||||
| Dividends Paid | 700,000 | 315,000 | |||||||||||||
| Retained Profit | 287,000 | 507,000 | 238,000 | 568,000 | 533,000 | 726,000 | 950,000 | 111,000 | 569,000 | 188,000 | |||||
| Employee Costs | 687,000 | 698,000 | 656,000 | 690,000 | 695,000 | 777,000 | 973,000 | 958,000 | 1,061,000 | 800,000 | |||||
| Number Of Employees | 13 | 13 | 19 | 21 | 22 | 24 | 18 | 22 | 22 | 28 | |||||
| EBITDA* | 351,000 | 690,000 | 376,000 | 516,000 | 724,000 | 960,000 | 1,285,000 | 915,000 | 629,000 | 667,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Aug 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,000 | 15,000 | 25,000 | 42,000 | 58,000 | 76,000 | 39,000 | 41,000 | 65,000 | 163,000 | 202,801 | 196,043 | 215,870 | 224,921 | 242,562 |
| Intangible Assets | 135,000 | 141,000 | 148,000 | 169,000 | 185,000 | 166,000 | 139,000 | 153,000 | 156,000 | 84,000 | 54,292 | 69,050 | 83,884 | 98,680 | 113,476 |
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 142,000 | 156,000 | 173,000 | 211,000 | 243,000 | 242,000 | 178,000 | 194,000 | 221,000 | 247,000 | 257,093 | 265,093 | 299,754 | 323,601 | 356,038 |
| Stock & work in progress | 21,374 | ||||||||||||||
| Trade Debtors | 18,000 | 408,000 | 349,000 | 741,000 | 284,000 | 294,781 | 245,859 | 257,109 | 133,082 | 155,810 | |||||
| Group Debtors | 5,653,000 | 5,080,000 | 4,774,000 | 4,391,000 | 3,729,000 | 3,041,000 | 3,088,000 | 623,000 | 680,000 | ||||||
| Misc Debtors | 130,000 | 104,000 | 53,000 | 200,000 | 66,000 | 18,000 | 11,000 | 56,000 | 90,000 | 99,000 | 13,358 | ||||
| Cash | 20,000 | 4,000 | 39,000 | 58,000 | 87,000 | 114,000 | 459,000 | 1,370,000 | 865,000 | 915,000 | 656,491 | 311,776 | 178,534 | 93,972 | 55,056 |
| misc current assets | |||||||||||||||
| total current assets | 5,803,000 | 5,188,000 | 4,866,000 | 4,649,000 | 3,882,000 | 3,191,000 | 3,966,000 | 2,398,000 | 2,376,000 | 1,298,000 | 951,272 | 579,009 | 435,643 | 240,412 | 210,866 |
| total assets | 5,945,000 | 5,344,000 | 5,039,000 | 4,860,000 | 4,125,000 | 3,433,000 | 4,144,000 | 2,592,000 | 2,597,000 | 1,545,000 | 1,208,365 | 844,102 | 735,397 | 564,013 | 566,904 |
| Bank overdraft | 8,000 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 243,000 | 560,000 | 274,000 | 384,000 | 88,000 | 54,000 | 41,000 | 57,000 | 45,000 | 29,000 | 756,992 | 627,312 | 553,942 | 438,427 | 287,559 |
| Group/Directors Accounts | 350,000 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 631,000 | 488,000 | 437,000 | 566,000 | 441,000 | 1,891,000 | 1,273,000 | 1,051,000 | 926,000 | ||||||
| total current liabilities | 874,000 | 560,000 | 762,000 | 821,000 | 654,000 | 495,000 | 1,932,000 | 1,330,000 | 1,446,000 | 963,000 | 756,992 | 627,312 | 553,942 | 438,427 | 287,559 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 26,280 | 46,121 | 50,432 | 38,481 | 72,311 | ||||||||||
| provisions | 31,359 | 35,635 | 34,675 | 35,906 | 35,698 | ||||||||||
| total long term liabilities | 57,639 | 81,756 | 85,107 | 74,387 | 108,009 | ||||||||||
| total liabilities | 874,000 | 560,000 | 762,000 | 821,000 | 654,000 | 495,000 | 1,932,000 | 1,330,000 | 1,446,000 | 963,000 | 814,631 | 709,068 | 639,049 | 512,814 | 395,568 |
| net assets | 5,071,000 | 4,784,000 | 4,277,000 | 4,039,000 | 3,471,000 | 2,938,000 | 2,212,000 | 1,262,000 | 1,151,000 | 582,000 | 393,734 | 135,034 | 96,348 | 51,199 | 171,336 |
| total shareholders funds | 5,071,000 | 4,784,000 | 4,277,000 | 4,039,000 | 3,471,000 | 2,938,000 | 2,212,000 | 1,262,000 | 1,151,000 | 582,000 | 393,734 | 135,034 | 96,348 | 51,199 | 171,336 |
| Jun 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Aug 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 293,000 | 625,000 | 296,000 | 442,000 | 658,000 | 897,000 | 1,189,000 | 828,000 | 558,000 | 594,000 | |||||
| Depreciation | 8,000 | 10,000 | 18,000 | 17,000 | 18,000 | 13,000 | 26,000 | 30,000 | 30,000 | 58,000 | 64,100 | 52,365 | 53,357 | 45,480 | 43,282 |
| Amortisation | 50,000 | 55,000 | 62,000 | 57,000 | 48,000 | 50,000 | 70,000 | 57,000 | 41,000 | 15,000 | 14,758 | 14,834 | 14,796 | 14,796 | 14,796 |
| Tax | -6,000 | -118,000 | -58,000 | 126,000 | -125,000 | -171,000 | -239,000 | -17,000 | 11,000 | -91,000 | |||||
| Stock | -21,374 | 21,374 | |||||||||||||
| Debtors | 599,000 | 357,000 | 236,000 | 796,000 | 718,000 | -430,000 | 2,479,000 | -483,000 | 1,128,000 | 88,219 | 48,922 | -11,250 | 110,669 | -9,370 | 155,810 |
| Creditors | -317,000 | 286,000 | -110,000 | 296,000 | 34,000 | 13,000 | -16,000 | 12,000 | 16,000 | -727,992 | 129,680 | 73,370 | 115,515 | 150,868 | 287,559 |
| Accruals and Deferred Income | 631,000 | -488,000 | 51,000 | -129,000 | 125,000 | -1,450,000 | 618,000 | 222,000 | 125,000 | 926,000 | |||||
| Deferred Taxes & Provisions | -31,359 | -4,276 | 960 | -1,231 | 208 | 35,698 | |||||||||
| Cash flow from operations | 60,000 | 13,000 | 23,000 | 13,000 | 40,000 | -218,000 | -831,000 | 1,615,000 | -347,000 | 654,430 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -350,000 | 350,000 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -26,280 | -19,841 | -4,311 | 11,951 | -33,830 | 72,311 | |||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -350,000 | 350,000 | -26,014 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 16,000 | -35,000 | -19,000 | -29,000 | -27,000 | -345,000 | -911,000 | 505,000 | -50,000 | 258,509 | 344,715 | 133,242 | 84,562 | 38,916 | 55,056 |
| overdraft | -8,000 | 8,000 | |||||||||||||
| change in cash | 16,000 | -35,000 | -19,000 | -29,000 | -27,000 | -345,000 | -911,000 | 505,000 | -42,000 | 250,509 | 344,715 | 133,242 | 84,562 | 38,916 | 55,056 |
regs4ships limited Credit Report and Business Information
Regs4ships Limited Competitor Analysis
Perform a competitor analysis for regs4ships limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC3M area or any other competitors across 12 key performance metrics.
regs4ships limited Ownership
REGS4SHIPS LIMITED group structure
Regs4Ships Limited has 1 subsidiary company.
Ultimate parent company
2 parents
REGS4SHIPS LIMITED
04430411
1 subsidiary
regs4ships limited directors
Regs4Ships Limited currently has 1 director, Mr Keith Proffitt serving since Oct 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Keith Proffitt | 53 years | Oct 2024 | - | Director |
P&L
June 2023turnover
1.5m
-23%
operating profit
293k
-53%
gross margin
86.7%
-0.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
5.1m
+0.06%
total assets
5.9m
+0.11%
cash
20k
+4%
net assets
Total assets minus all liabilities
regs4ships limited company details
company number
04430411
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
May 2002
age
23
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
June 2023
previous names
shippingregs limited (July 2002)
accountant
-
auditor
-
address
71 fenchurch street, london, EC3M 4BS
Bank
HSBC BANK PLC
Legal Advisor
-
regs4ships 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 7 charges/mortgages relating to regs4ships limited. Currently there are 0 open charges and 7 have been satisfied in the past.
regs4ships 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 REGS4SHIPS LIMITED. This can take several minutes, an email will notify you when this has completed.
regs4ships limited Companies House Filings - See Documents
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