Stena North Sea Limited

POWER SEARCH PRICING

SOLUTIONS

stena north sea limited Company Information

Company Number

04571379

Next Accounts

Sep 2025

Directors

Michael Percy

Mikael Stenvaller

View All

Shareholders

stena (uk) ltd

Group Structure

View All

Industry

Sea and coastal passenger water transport

Registered Address

first floor 6 arlington street, london, SW1A 1RE

Website

www.stena.co.uk

stena north sea limited Estimated Valuation

£300.4m

Pomanda estimates the enterprise value of STENA NORTH SEA LIMITED at £300.4m based on an EBITDA of £60.9m and a 4.93x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Stena North Sea Limited is a live company located in london, SW1A 1RE with a Companies House number of 04571379. It operates in the sea and coastal passenger water transport sector, SIC Code 50100. Founded in October 2002, it's largest shareholder is stena (uk) ltd with a 100% stake. Stena North Sea Limited is a mature, large sized company, Pomanda has estimated its turnover at £61.9m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Stena North Sea Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

5 Strong

1 Regular

3 Weak

Size

annual sales of £61.9m, make it larger than the average company (£7.7m)

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (3.7%)

EXPORT

Stena North Sea Limited's latest turnover from December 2023 is £61.9 million and the company has net assets of £61.4 million. According to their latest financial statements, Stena North Sea Limited has 6 employees and maintains cash reserves of £86.9 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	61,949,059	61,653,463	68,114,718	76,477,993	85,048,359	94,251,926	83,671,689	80,329,408	96,269,487	113,131,373	97,667,839	82,040,641	73,829,666	54,475,143	39,568,171
Other Income Or Grants
Cost Of Sales	48,669,467	48,809,914	62,144,925	68,880,344	69,387,748	75,770,002	61,776,794	58,855,665	79,009,962	90,108,787	80,008,142	66,320,243	57,484,680	42,169,234
Gross Profit	13,279,592	12,843,549	5,969,793	7,597,649	15,660,611	18,481,924	21,894,895	21,473,743	17,259,524	23,022,586	17,659,697	15,720,398	16,344,986	12,305,909
Admin Expenses	-13,502,928	-13,321,371	-28,249,895	-57,844,790	-30,825,667	-19,052,783	-22,304,071	-22,856,521	-49,050,175	-27,092,198	-22,840,498	-18,000,587	-12,730,809	-10,558,802	-15,540,191
Operating Profit	26,782,520	26,164,920	34,219,688	65,442,439	46,486,278	37,534,707	44,198,966	44,330,264	66,309,699	50,114,784	40,500,195	33,720,985	29,075,795	22,864,711	15,540,191
Interest Payable	17,454,638	14,743,164	15,387,762	15,023,232	12,732,297	8,223,437	3,656,710	4,080,404	7,605,123	12,638,409	11,212,974	10,903,478	10,518,337	6,860,636	5,718,098
Interest Receivable	6,273,106	6,013,289	1,717,294	4,597,448	4,312,607	684,465	638,822	1,264,500	929,468	553,636	497,850	302,461	123,879	78,239	70,354
Pre-Tax Profit	15,600,988	17,435,046	20,549,221	45,150,798	36,443,869	25,781,222	27,191,823	28,129,815	45,357,715	28,565,771	29,785,072	49,162,173	18,584,352	16,200,489	9,866,570
Tax	-4,609,422	1,062,271	-7,978,066	-12,247,191	-12,037,133	-3,583,587	-2,759,715	-4,584,256	-7,887,419	-7,161,877	-6,028,136	-11,617,038	-4,297,474	-8,788,916	-2,661,329
Profit After Tax	10,991,567	18,497,317	12,571,155	32,903,607	24,406,736	22,197,635	24,432,109	23,545,559	37,470,296	21,403,893	23,756,936	37,545,135	14,286,879	7,411,573	7,205,240
Dividends Paid		73,989,267		29,568,303	60,449,050	35,835,872		132,825,644	29,493,554			11,723,329	814,996
Retained Profit	10,991,567	-55,491,950	12,571,155	3,335,305	-36,042,314	-13,638,237	24,432,109	-109,280,085	7,976,742	21,403,893	23,756,936	25,821,805	13,471,883	7,411,573	7,205,240
Employee Costs				25,596,787						32,650,876	31,115,026	23,652,922	20,983,486	17,026,942	16,173
Number Of Employees	6	6	695	641	697	749	698	663	719	887	887	758	689	513	6
EBITDA*	60,930,233	60,311,781	72,921,055	104,987,087	65,099,404	82,938,757	81,048,027	80,442,014	110,427,842	99,689,234	80,479,875	68,970,692	60,182,559	41,055,420	27,353,227

* 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	254,751,682	264,939,091	294,498,215	313,067,500	377,373,056	436,205,877	469,550,621	389,017,975	453,375,747	593,442,319	564,578,350	597,215,318	543,283,618	489,572,127	346,760,472
Intangible Assets
Investments & Other
Debtors (Due After 1 year)			3,046,392
Total Fixed Assets	254,751,682	264,939,092	297,544,608	313,067,500	377,373,057	436,205,877	469,550,621	389,017,976	453,375,748	593,442,319	564,578,351	597,215,318	543,283,619	489,572,127	346,760,472
Stock & work in progress
Trade Debtors	10,222	11,926	8,704	61,671	18,998	3,241,355	3,659,353	135,482	122,188	236,791	168,034	255,569	314,588	392,828	131,813
Group Debtors	36,705,000	37,523,639	110,543,998	106,254,963	108,208,981	76,151,227	572,737	570,264		286,508	257,131				849,102
Misc Debtors	10,865,491	13,366,555	6,273,827	6,477,147	3,923,143	4,867,407		1,962,277	1,094,632	297,463	1,370,847	537,710	142,624	2,732,681	2,913,634
Cash	86,880,484	121,558,054	135,026,547	134,459,745	25,993,092	5,882,458	4,306,987	10,895,245	62,591,219	1,632,258	5,537,319	2,796,405	3,793,806	17,575,387	29,112
misc current assets
total current assets	134,461,198	172,460,175	251,853,077	247,253,527	138,144,214	90,142,448	8,539,078	13,563,269	63,808,039	2,453,021	7,333,333	3,589,683	4,251,019	20,700,896	3,923,662
total assets	389,212,880	437,399,267	549,397,685	560,321,027	515,517,271	526,348,325	478,089,700	402,581,245	517,183,787	595,895,340	571,911,684	600,805,002	547,534,637	510,273,024	350,684,134
Bank overdraft	5,688,730	80,928	4,352	4,225	293,610	114,675	177,990	159,392	11,896,857	1,467,937	537,710	2,525,206	1,208,639	644,663	3,450,591
Bank loan	52,112,616	50,927,676	50,842,545	49,458,477	40,438,687	9,733,918	18,797,250	18,004,958	17,976,742	23,388,387	126,747,948	31,928,096	20,704,971	18,640,586	10,960,698
Trade Creditors
Group/Directors Accounts	7,710,197	19,718,034	20,020,890	26,957,844	778,066	5,107,508	98,759,362	34,531,125	27,233,505	12,915,648	3,517,780	3,731,145	19,151,589	18,380,603	2,554,585
other short term finances
hp & lease commitments						23,320,193							1,022,819	1,349,633	912,987
other current liabilities	1,568,276	3,611,040	96,614	92,084	29,066,493	15,548,288	2,569,389	1,205,171	3,342,883	6,281,284	18,293,864	10,140,679	4,494,702	10,114,914	4,140,384
total current liabilities	67,079,819	74,337,678	70,964,401	76,512,630	70,576,857	53,824,583	120,303,992	53,900,646	60,449,987	44,053,257	149,097,304	48,325,127	46,582,722	49,130,399	22,019,246
loans	260,709,600	312,629,695	354,780,224	375,601,926	350,626,943	86,911,843	185,551,149	210,351,545	221,296,031	328,047,526	228,708,089	369,924,970	308,081,499	292,667,481	249,746,077
hp & lease commitments						240,249,955							36,612,061	37,634,066	37,624,939
Accruals and Deferred Income											5,934,349	8,853,458	12,267,318
other liabilities						2,587,349	3,027,579
provisions			15,424,318	15,361,155	2,816,925	10,459,595	25,658,648	18,622,155	17,526,754	13,860,284	13,315,357	22,601,797	13,352,893	13,674,816	13,258,127
total long term liabilities	260,709,600	312,629,696	370,204,543	390,963,082	353,443,869	340,208,744	214,237,378	228,973,701	238,822,786	341,907,812	247,957,796	401,380,227	370,313,773	343,976,365	300,629,144
total liabilities	327,789,420	386,967,374	441,168,944	467,475,712	424,020,725	394,033,327	334,541,369	282,874,347	299,272,773	385,961,069	397,055,100	449,705,354	416,896,496	393,106,764	322,648,391
net assets	61,423,460	50,431,894	108,228,741	92,845,316	91,496,546	132,314,997	143,548,330	119,706,898	217,911,014	209,934,272	174,856,585	151,099,648	130,638,142	117,166,259	28,035,743
total shareholders funds	61,423,460	50,431,894	108,228,741	92,845,316	91,496,546	132,314,997	143,548,330	119,706,898	217,911,014	209,934,272	174,856,585	151,099,648	130,638,142	117,166,259	28,035,743

	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	26,782,520	26,164,920	34,219,688	65,442,439	46,486,278	37,534,707	44,198,966	44,330,264	66,309,699	50,114,784	40,500,195	33,720,985	29,075,795	22,864,711	15,540,191
Depreciation	34,147,713	34,146,861	38,701,367	39,544,648	18,613,126	45,404,049	36,849,062	36,111,751	44,118,143	49,574,450	39,979,680	35,249,707	31,106,764	18,190,709	11,813,036
Amortisation
Tax	-4,609,422	1,062,271	-7,978,066	-12,247,191	-12,037,133	-3,583,587	-2,759,715	-4,584,256	-7,887,419	-7,161,877	-6,028,136	-11,617,038	-4,297,474	-8,788,916	-2,661,329
Stock
Debtors	-3,321,408	-68,970,800	7,079,139	642,660	27,891,133	80,027,899	1,564,066	1,451,205	396,056	-975,251	1,002,736	336,066	-2,668,297	-769,040	3,894,549
Creditors
Accruals and Deferred Income	-2,042,764	3,514,426	4,530	-28,974,409	13,518,205	12,978,899	1,364,218	-2,137,712	-2,938,401	-17,946,929	5,234,076	2,232,117	6,647,106	5,974,530	4,140,384
Deferred Taxes & Provisions		-15,424,318	63,163	12,544,230	-7,642,670	-15,199,053	7,036,493	1,095,401	3,666,470	544,927	-9,286,440	9,248,904	-321,923	416,689	13,258,127
Cash flow from operations	57,599,455	118,434,960	57,931,543	75,667,057	31,046,673	-2,892,884	85,124,958	73,364,243	102,872,436	76,100,606	69,396,639	68,498,609	64,878,565	39,426,763	38,195,860
Investing Activities
capital expenditure	-23,960,304	-4,587,737	-20,132,082	24,760,908	40,219,695	-12,059,305	-117,381,708	28,246,021	95,948,429	-78,438,419	-7,342,712	-89,181,407	-84,818,255	-161,002,364	-358,573,508
Change in Investments
cash flow from investments	-23,960,304	-4,587,737	-20,132,082	24,760,908	40,219,695	-12,059,305	-117,381,708	28,246,021	95,948,429	-78,438,419	-7,342,712	-89,181,407	-84,818,255	-161,002,364	-358,573,508
Financing Activities
Bank loans	1,184,940	85,131	1,384,068	9,019,790	30,704,769	-9,063,332	792,292	28,216	-5,411,645	-103,359,561	94,819,852	11,223,125	2,064,385	7,679,888	10,960,698
Group/Directors Accounts	-12,007,837	-302,856	-6,936,954	26,179,778	-4,329,442	-93,651,854	64,228,237	7,297,621	14,317,856	9,397,868	-213,365	-15,420,444	770,986	15,826,018	2,554,585
Other Short Term Loans
Long term loans	-51,920,095	-42,150,529	-20,821,702	24,974,983	263,715,100	-98,639,306	-24,800,396	-10,944,486	-106,751,495	99,339,437	-141,216,881	61,843,471	15,414,018	42,921,404	249,746,077
Hire Purchase and Lease Commitments					-263,570,148	263,570,148						-37,634,880	-1,348,819	445,773	38,537,926
other long term liabilities					-2,587,349	-440,230	3,027,579
share issue		-2,304,897	2,812,270	-1,986,535	-4,776,138	2,404,904	-590,677	11,075,969		13,673,794		-5,360,298		81,718,943	20,830,503
interest	-11,181,532	-8,729,875	-13,670,468	-10,425,784	-8,419,690	-7,538,972	-3,017,888	-2,815,904	-6,675,655	-12,084,773	-10,715,124	-10,601,017	-10,394,458	-6,782,397	-5,647,744
cash flow from financing	-73,924,524	-53,403,026	-37,232,786	47,762,232	10,737,102	56,641,358	39,639,147	4,641,416	-104,520,939	6,966,765	-57,325,518	4,049,957	6,506,112	141,809,629	316,982,045
cash and cash equivalents
cash	-34,677,570	-13,468,493	566,802	108,466,653	20,110,633	1,575,471	-6,588,257	-51,695,974	60,958,962	-3,905,062	2,740,914	-997,401	-13,781,581	17,546,275	29,112
overdraft	5,607,802	76,576	127	-289,385	178,935	-63,315	18,598	-11,737,465	10,428,920	930,227	-1,987,496	1,316,567	563,976	-2,805,928	3,450,591
change in cash	-40,285,372	-13,545,069	566,675	108,756,038	19,931,698	1,638,786	-6,606,855	-39,958,509	50,530,042	-4,835,289	4,728,410	-2,313,968	-14,345,557	20,352,203	-3,421,479

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for stena north sea limited. Get real-time insights into stena north sea limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for stena north sea limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in SW1A area or any other competitors across 12 key performance metrics.

STENA NORTH SEA LIMITED group structure

Stena North Sea Limited has 1 subsidiary company.

Ultimate parent company

STENA AB

#0005521

STENA (UK) LIMITED

02766012

2 parents

STENA NORTH SEA LIMITED

04571379

1 subsidiary

STENA NORTH ATLANTIC LIMITED

14661951

STENA NORTH SEA LIMITED Shareholders

stena (uk) ltd

100%

Stena North Sea Limited currently has 6 directors. The longest serving directors include Mr Michael Percy (Nov 2002) and Mr Mikael Stenvaller (Apr 2015).

officer	country	age	start	end	role
Mr Michael Percy	England	75 years	Nov 2002	-	Director
Mr Mikael Stenvaller	England	51 years	Apr 2015	-	Director
Mr Ian Hampton	England	44 years	Sep 2016	-	Director
Mr Mauro Mattiuzzo	England	67 years	Dec 2017	-	Director
Ms Annika Hult	England	51 years	Jan 2021	-	Director
Mr Sindo Fernandez-Ares	England	51 years	May 2021	-	Director

P&L

December 2023

turnover

61.9m

operating profit

26.8m

+2%

gross margin

21.5%

+2.9%

turnover

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

Balance Sheet

December 2023

net assets

61.4m

+0.22%

total assets

389.2m

-0.11%

cash

86.9m

-0.29%

net assets

Total assets minus all liabilities

Similar Companies

p&o european ferries (irish sea) limited

4.5

p&o north sea ferries limited

3.5

stena line irish sea ferries limited

p&o ferries limited

2.5

house of detention limited

3.5

company number

04571379

Type

Private limited with Share Capital

industry

50100 - Sea and coastal passenger water transport

incorporation date

October 2002

ultimate parent company

STENA AB

previous names

N/A

address

first floor 6 arlington street, london, SW1A 1RE

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 69 charges/mortgages relating to stena north sea limited. Currently there are 53 open charges and 16 have been satisfied in the past.

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 STENA NORTH SEA LIMITED. This can take several minutes, an email will notify you when this has completed.

stena north sea limited Company Information

stena north sea limited Estimated Valuation

stena north sea limited Estimated Valuation

stena north sea limited Estimated Valuation

Stena North Sea Limited Overview

Stena North Sea Limited Health Check

STENA NORTH SEA LIMITED financials

stena north sea limited Credit Report and Business Information

Stena North Sea Limited Competitor Analysis

stena north sea limited Ownership

stena north sea limited directors

stena north sea limited company details

stena north sea limited Charges & Mortgages

stena north sea limited Capital Raised & Share Issues BETA

stena north sea limited Companies House Filings - See Documents