the rix merlin tankship limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of THE RIX MERLIN TANKSHIP LIMITED at £0 based on a Turnover of £0 and 0.68x industry multiple (adjusted for size and gross margin).
the rix merlin tankship limitedEstimated Valuation
£452.6k
Pomanda estimates the enterprise value of THE RIX MERLIN TANKSHIP LIMITED at £452.6k based on an EBITDA of £203.9k and a 2.22x industry multiple (adjusted for size and gross margin).
the rix merlin tankship limitedEstimated Valuation
£95.3k
Pomanda estimates the enterprise value of THE RIX MERLIN TANKSHIP LIMITED at £95.3k based on Net Assets of £72k and 1.32x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Rix Merlin Tankship LimitedOverview
The Rix Merlin Tankship Limited is a live company located in hull, HU1 2BN with a Companies House number of 05541773. It operates in the sea and coastal freight water transport sector, SIC Code 50200. Founded in August 2005, it's largest shareholder is
j r rix & sons ltd
with a 100% stake. The Rix Merlin Tankship Limited is a mature,
unknown sized company, Pomanda has estimated its turnover at
£0 with
unknown
growth in recent years.
There is insufficient data available to calculate a health check for The Rix Merlin Tankship Limited. Company Health Check FAQs
Health Rating0out of 5
0 Strong
0 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - The Rix Merlin Tankship Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - The Rix Merlin Tankship Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - The Rix Merlin Tankship Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - The Rix Merlin Tankship Limited
- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
- - The Rix Merlin Tankship Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - The Rix Merlin Tankship Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - The Rix Merlin Tankship Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Rix Merlin Tankship Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - The Rix Merlin Tankship Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Rix Merlin Tankship Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Rix Merlin Tankship Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.2%, this is a higher level of debt than the average (57.9%)
- - The Rix Merlin Tankship Limited
- - Industry AVG
THE RIX MERLIN TANKSHIP LIMITED financials
EXPORT
The Rix Merlin Tankship Limited's latest turnover from December 2023 is estimated at 0 and the company has net assets of £72 thousand. According to their latest financial statements, we estimate that The Rix Merlin Tankship Limited has no employees and maintains cash reserves of 0 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
200,750
200,750
200,750
200,750
219,000
164,400
146,000
146,000
146,000
146,000
105,060
109,500
Other Income Or Grants
Cost Of Sales
151,867
151,488
155,323
156,945
172,228
129,180
117,086
119,244
117,005
114,950
81,056
Gross Profit
48,883
49,262
45,427
43,805
46,772
35,220
28,914
26,756
28,995
31,050
24,004
Admin Expenses
-39,889
-16,438
3,483
20,133
40,512
36,677
35,055
19,772
22,820
14,914
12,756
14,995
17,050
21,744
-9,500
Operating Profit
39,889
16,438
-3,483
28,750
8,750
8,750
8,750
27,000
12,400
14,000
14,000
14,000
14,000
2,260
9,500
Interest Payable
Interest Receivable
Pre-Tax Profit
39,889
16,438
-3,483
28,750
8,750
8,750
8,750
27,000
12,400
14,000
14,000
14,000
14,000
2,260
9,500
Tax
-9,972
-3,123
-5,462
-1,663
-1,662
5,586
-5,400
7,144
17,775
8,014
19,697
18,900
-633
-11,972
Profit After Tax
29,917
13,315
-3,483
23,288
7,087
7,088
14,336
21,600
19,544
31,775
22,014
33,697
32,900
1,627
-2,472
Dividends Paid
10,000
40,000
70,000
40,000
50,000
300,000
Retained Profit
29,917
13,315
-3,483
13,288
7,087
-32,912
14,336
-48,400
19,544
31,775
-17,986
-16,303
32,900
1,627
-302,472
Employee Costs
56,452
57,103
56,242
54,430
54,586
52,381
48,619
46,109
45,839
44,558
44,456
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
203,889
211,438
191,517
200,750
200,750
200,750
200,750
219,000
164,400
146,000
146,000
146,000
146,000
105,060
109,500
* 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
283,546
222,390
417,390
612,390
626,390
818,390
860,390
1,052,390
1,244,390
1,246,390
1,378,390
1,510,390
1,642,390
1,774,390
1,877,190
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
283,546
222,390
417,390
612,390
626,390
818,390
860,390
1,052,390
1,244,390
1,246,390
1,378,390
1,510,390
1,642,390
1,774,390
1,877,190
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
32,760
2,156
15,594
25,603
Cash
misc current assets
total current assets
32,760
2,156
15,594
25,603
total assets
316,306
224,546
417,390
612,390
626,390
818,390
860,390
1,052,390
1,244,390
1,246,390
1,378,390
1,510,390
1,642,390
1,789,984
1,902,793
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
51,689
153,931
328,288
505,225
510,717
686,599
668,767
838,467
969,919
966,428
1,096,472
1,190,518
1,282,657
1,444,251
1,574,914
other short term finances
hp & lease commitments
other current liabilities
192,593
28,508
26,393
23,813
27,258
24,868
28,582
31,050
17,548
18,086
16,400
12,457
4,611
total current liabilities
244,282
182,439
354,681
529,038
537,975
711,467
697,349
869,517
987,467
984,514
1,112,872
1,202,975
1,287,268
1,444,251
1,574,914
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
33,917
51,077
69,428
95,023
118,229
152,397
178,047
202,544
237,961
261,872
293,276
316,787
300,560
total long term liabilities
33,917
51,077
69,428
95,023
118,229
152,397
178,047
202,544
237,961
261,872
293,276
316,787
300,560
total liabilities
244,282
182,439
388,598
580,115
607,403
806,490
815,578
1,021,914
1,165,514
1,187,058
1,350,833
1,464,847
1,580,544
1,761,038
1,875,474
net assets
72,024
42,107
28,792
32,275
18,987
11,900
44,812
30,476
78,876
59,332
27,557
45,543
61,846
28,946
27,319
total shareholders funds
72,024
42,107
28,792
32,275
18,987
11,900
44,812
30,476
78,876
59,332
27,557
45,543
61,846
28,946
27,319
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
39,889
16,438
-3,483
28,750
8,750
8,750
8,750
27,000
12,400
14,000
14,000
14,000
14,000
2,260
9,500
Depreciation
164,000
195,000
195,000
172,000
192,000
192,000
192,000
192,000
152,000
132,000
132,000
132,000
132,000
102,800
100,000
Amortisation
Tax
-9,972
-3,123
-5,462
-1,663
-1,662
5,586
-5,400
7,144
17,775
8,014
19,697
18,900
-633
-11,972
Stock
Debtors
30,604
2,156
-15,594
-10,009
25,603
Creditors
Accruals and Deferred Income
164,085
2,115
2,580
-3,445
2,390
-3,714
-2,468
13,502
-538
1,686
3,943
7,846
4,611
Deferred Taxes & Provisions
-33,917
-17,160
-18,351
-25,595
-23,206
-34,168
-25,650
-24,497
-35,417
-23,911
-31,404
-23,511
16,227
300,560
Cash flow from operations
327,398
174,357
176,937
173,492
175,882
172,168
169,700
201,452
146,509
130,044
134,046
142,139
161,594
130,663
372,485
Investing Activities
capital expenditure
-225,156
-158,000
-150,000
-150,000
-1,977,190
Change in Investments
cash flow from investments
-225,156
-158,000
-150,000
-150,000
-1,977,190
Financing Activities
Bank loans
Group/Directors Accounts
-102,242
-174,357
-176,937
-5,492
-175,882
17,832
-169,700
-131,452
3,491
-130,044
-94,046
-92,139
-161,594
-130,663
1,574,914
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
329,791
interest
cash flow from financing
-102,242
-174,357
-176,937
-5,492
-175,882
17,832
-169,700
-131,452
3,491
-130,044
-94,046
-92,139
-161,594
-130,663
1,904,705
cash and cash equivalents
cash
overdraft
change in cash
the rix merlin tankship limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the rix merlin tankship limited. Get real-time insights into the rix merlin tankship limited's credit score, group structure and payment trends.
The Rix Merlin Tankship Limited Competitor Analysis
Perform a competitor analysis for the rix merlin tankship limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mature companies, companies in HU1 area or any other competitors across 12 key performance metrics.
the rix merlin tankship limited Ownership
THE RIX MERLIN TANKSHIP LIMITED group structure
The Rix Merlin Tankship Limited has no subsidiary companies.
The sole shareholder of The Rix Merlin Tankship Limited is J R Rix & Sons Ltd.
j r rix & sons ltd
100%
the rix merlin tankship limited directors
The Rix Merlin Tankship Limited currently has 8 directors.
The longest serving directors include
Mr Timothy Rix (Aug 2005) and
Ms Sally Rix (Dec 2005).
2 humber quays, wellington street west, hull, HU1 2BN
Bank
-
Legal Advisor
-
the rix merlin tankship 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 11 charges/mortgages relating to the rix merlin tankship limited. Currently there are 9 open charges and 2 have been satisfied in the past.
the rix merlin tankship 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 THE RIX MERLIN TANKSHIP LIMITED. This can take several minutes, an email will notify you when this has completed.
the rix merlin tankship limitedCompanies House Filings - See Documents
