classic shipping limited
classic shipping limited Company Information
Company Number
05027143
Website
-Registered Address
200 court road, eltham, london, SE9 4EW
Industry
Sea and coastal freight water transport
Telephone
02088578094
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
svenska orient linien ab 100%
classic shipping limited Estimated Valuation
Pomanda estimates the enterprise value of CLASSIC SHIPPING LIMITED at £1.1m based on a Turnover of £1.5m and 0.75x industry multiple (adjusted for size and gross margin).
classic shipping limited Estimated Valuation
Pomanda estimates the enterprise value of CLASSIC SHIPPING LIMITED at £0 based on an EBITDA of £-30.4k and a 2.55x industry multiple (adjusted for size and gross margin).
classic shipping limited Estimated Valuation
Pomanda estimates the enterprise value of CLASSIC SHIPPING LIMITED at £3.1m based on Net Assets of £3.2m and 0.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Classic Shipping Limited Overview
Classic Shipping Limited is a live company located in london, SE9 4EW with a Companies House number of 05027143. It operates in the sea and coastal freight water transport sector, SIC Code 50200. Founded in January 2004, it's largest shareholder is svenska orient linien ab with a 100% stake. Classic Shipping Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with high growth in recent years.
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Classic Shipping Limited Health Check
Pomanda's financial health check has awarded Classic Shipping Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
3 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£7.4m)
- Classic Shipping Limited
£7.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (6.4%)
- Classic Shipping Limited
6.4% - Industry AVG
Production
with a gross margin of 32.7%, this company has a comparable cost of product (32.7%)
- Classic Shipping Limited
32.7% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (9.5%)
- Classic Shipping Limited
9.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Classic Shipping Limited
12 - Industry AVG
Pay Structure
on an average salary of £60.9k, the company has an equivalent pay structure (£60.9k)
- Classic Shipping Limited
£60.9k - Industry AVG
Efficiency
resulting in sales per employee of £731.7k, this is equally as efficient (£731.7k)
- Classic Shipping Limited
£731.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Classic Shipping Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Classic Shipping Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Classic Shipping Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Classic Shipping Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.7%, this is a lower level of debt than the average (63.1%)
16.7% - Classic Shipping Limited
63.1% - Industry AVG
CLASSIC SHIPPING LIMITED financials
Classic Shipping Limited's latest turnover from December 2022 is estimated at £1.5 million and the company has net assets of £3.2 million. According to their latest financial statements, Classic Shipping Limited has 2 employees and maintains cash reserves of 0 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 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,427,230 | 2,614,814 | 2,794,801 | 3,604,414 | 2,712,472 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 1,227,106 | 2,347,089 | 2,247,817 | 2,638,165 | 2,988,295 | |||||||||
| Gross Profit | 200,123 | 267,725 | 546,984 | 966,248 | -275,824 | |||||||||
| Admin Expenses | -275,824 | |||||||||||||
| Operating Profit | 0 | |||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | |||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | |||||||||
| Pre-Tax Profit | 44,236 | 134,108 | 419,152 | 777,979 | -238,991 | |||||||||
| Tax | -8,957 | 14,818 | -69,069 | -165,163 | 0 | |||||||||
| Profit After Tax | 35,279 | 148,926 | 350,083 | 612,816 | -238,991 | |||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | |||||||||
| Retained Profit | 35,279 | 148,926 | 350,083 | 612,816 | -238,991 | |||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | ||||||||
| EBITDA* | 0 |
* 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 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 2,817,629 | 2,738,228 | 2,886,245 | 2,633,085 | 2,976,973 | 2,244,668 | 2,123,938 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 2,817,629 | 2,978,643 | 2,886,246 | 2,633,085 | 2,976,974 | 2,244,669 | 2,123,938 | 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 | 843,993 | 0 | 0 | 0 | 0 | 0 | 888,423 | 0 | 34,527 | 2,962,680 |
| Group Debtors | 3,889,076 | 3,968,930 | 3,663,427 | 3,924,663 | 0 | 0 | 0 | 461,835 | 398,026 | 291,345 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 521 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,889,077 | 3,968,930 | 3,663,427 | 3,924,664 | 843,993 | 1,349,245 | 0 | 461,835 | 398,026 | 291,345 | 888,423 | 0 | 34,527 | 2,963,200 |
| total assets | 3,889,077 | 3,968,930 | 3,663,427 | 3,924,664 | 3,661,621 | 4,327,888 | 2,886,246 | 3,094,920 | 3,375,000 | 2,536,014 | 3,012,361 | 0 | 34,527 | 2,963,200 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,849,902 | 0 | 1,887 | 512,148 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 1,677,941 | 1,544,743 | 1,856,989 | 2,326,213 | 2,597,791 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 7,359 | 14,709 | 13,542 | 266,878 | 0 | 1,205,657 | 143,531 | 125,485 | 170,612 | 5,520 | 0 | 0 | 0 | 0 |
| total current liabilities | 7,359 | 14,710 | 13,543 | 266,879 | 811,702 | 2,989,454 | 1,688,274 | 1,982,474 | 2,496,826 | 2,603,312 | 2,849,902 | 0 | 1,887 | 512,148 |
| 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 | 642,561 | 655,250 | 603,716 | 603,716 | 0 | 411,791 | 411,791 | 460,843 | 552,710 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 642,561 | 655,251 | 603,716 | 603,716 | 517,504 | 447,947 | 411,792 | 460,843 | 552,711 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 649,920 | 669,960 | 617,259 | 870,595 | 1,329,205 | 3,437,401 | 2,100,066 | 2,443,318 | 3,049,537 | 2,603,312 | 2,849,902 | 0 | 1,887 | 512,148 |
| net assets | 3,239,157 | 3,298,970 | 3,046,169 | 3,054,069 | 2,332,416 | 890,486 | 786,180 | 651,602 | 325,464 | -67,297 | 162,459 | 0 | 32,640 | 2,451,053 |
| total shareholders funds | 3,239,157 | 3,298,970 | 3,046,169 | 3,054,069 | 2,332,416 | 890,486 | 786,180 | 651,602 | 325,464 | -67,297 | 162,459 | 0 | 32,640 | 2,451,053 |
| 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 | 0 | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 161,014 | 161,014 | 132,914 | 124,876 | 0 | 0 | 0 | 0 | 405,982 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -8,957 | 14,818 | -69,069 | -165,163 | 0 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -79,854 | 305,503 | -261,236 | 3,080,670 | -396,350 | 1,240,343 | -461,835 | 63,809 | 106,681 | -597,077 | 888,422 | -34,527 | -2,928,152 | 2,962,679 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,849,902 | 2,849,902 | -1,887 | -510,261 | 512,148 |
| Accruals and Deferred Income | -7,350 | 1,167 | -253,336 | 266,878 | -1,205,657 | 1,062,126 | 18,046 | -45,127 | 165,092 | 5,520 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -12,689 | 51,534 | 0 | 603,716 | -411,791 | 0 | -49,052 | -91,867 | 552,710 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,247,305 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -1,677,941 | 133,199 | -312,246 | -469,224 | -271,578 | 2,597,791 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 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 | 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 | 0 | 0 | 0 | 0 | 0 | |||||||||
| cash flow from financing | 202,226 | -326,594 | -493,168 | -491,633 | 2,607,026 | |||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -521 | 521 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -521 | 521 |
classic shipping limited Credit Report and Business Information
Classic Shipping Limited Competitor Analysis
Perform a competitor analysis for classic shipping limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in SE9 area or any other competitors across 12 key performance metrics.
classic shipping limited Ownership
CLASSIC SHIPPING LIMITED group structure
Classic Shipping Limited has no subsidiary companies.
Ultimate parent company
SVENSKA ORIENT LINIEN AB
#0107888
1 parent
CLASSIC SHIPPING LIMITED
05027143
classic shipping limited directors
Classic Shipping Limited currently has 2 directors. The longest serving directors include Mr Claes Kjellberg (Jan 2004) and Mr Carl-Otto Dahlberg (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Claes Kjellberg | Sweden | 72 years | Jan 2004 | - | Director |
| Mr Carl-Otto Dahlberg | Sweden | 75 years | Aug 2018 | - | Director |
P&L
December 2022turnover
1.5m
+36%
operating profit
-30.4k
0%
gross margin
32.7%
+20.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3.2m
-0.02%
total assets
3.9m
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
classic shipping limited company details
company number
05027143
Type
Private limited with Share Capital
industry
50200 - Sea and coastal freight water transport
incorporation date
January 2004
age
20
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
200 court road, eltham, london, SE9 4EW
accountant
GRAVITA II LLP
auditor
-
classic shipping 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 9 charges/mortgages relating to classic shipping limited. Currently there are 0 open charges and 9 have been satisfied in the past.
classic shipping limited Companies House Filings - See Documents
| date | description | view/download |
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