andrews shipping and forwarding limited
andrews shipping and forwarding limited Company Information
Company Number
05640055
Website
www.andrewsshipping.co.ukRegistered Address
178 seven sisters road, london, N7 7PX
Industry
Cargo handling for water transport activities of division 50
Operation of warehousing and storage facilities for water transport activities of division 50
Telephone
02088055588
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
spyrakis andreas spyrou 30%
despina spyrou 30%
View Allandrews shipping and forwarding limited Estimated Valuation
Pomanda estimates the enterprise value of ANDREWS SHIPPING AND FORWARDING LIMITED at £2.3m based on a Turnover of £4.2m and 0.54x industry multiple (adjusted for size and gross margin).
andrews shipping and forwarding limited Estimated Valuation
Pomanda estimates the enterprise value of ANDREWS SHIPPING AND FORWARDING LIMITED at £829.1k based on an EBITDA of £329.6k and a 2.52x industry multiple (adjusted for size and gross margin).
andrews shipping and forwarding limited Estimated Valuation
Pomanda estimates the enterprise value of ANDREWS SHIPPING AND FORWARDING LIMITED at £2m based on Net Assets of £1m and 1.88x industry multiple (adjusted for liquidity).
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Andrews Shipping And Forwarding Limited Overview
Andrews Shipping And Forwarding Limited is a live company located in london, N7 7PX with a Companies House number of 05640055. It operates in the sea and coastal freight water transport sector, SIC Code 50200. Founded in November 2005, it's largest shareholder is spyrakis andreas spyrou with a 30% stake. Andrews Shipping And Forwarding Limited is a established, small sized company, Pomanda has estimated its turnover at £4.2m with high growth in recent years.
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Andrews Shipping And Forwarding Limited Health Check
Pomanda's financial health check has awarded Andrews Shipping And Forwarding Limited a 4.5 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
3 Regular
4 Weak
Size
annual sales of £4.2m, make it smaller than the average company (£11.6m)
- Andrews Shipping And Forwarding Limited
£11.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (7.8%)
- Andrews Shipping And Forwarding Limited
7.8% - Industry AVG
Production
with a gross margin of 14.7%, this company has a higher cost of product (24.9%)
- Andrews Shipping And Forwarding Limited
24.9% - Industry AVG
Profitability
an operating margin of 7.3% make it as profitable than the average company (7.2%)
- Andrews Shipping And Forwarding Limited
7.2% - Industry AVG
Employees
with 14 employees, this is below the industry average (38)
14 - Andrews Shipping And Forwarding Limited
38 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
- Andrews Shipping And Forwarding Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £302.5k, this is equally as efficient (£340.6k)
- Andrews Shipping And Forwarding Limited
£340.6k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (40 days)
- Andrews Shipping And Forwarding Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (36 days)
- Andrews Shipping And Forwarding Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Andrews Shipping And Forwarding Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 46 weeks, this is more cash available to meet short term requirements (12 weeks)
46 weeks - Andrews Shipping And Forwarding Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.8%, this is a lower level of debt than the average (62.1%)
48.8% - Andrews Shipping And Forwarding Limited
62.1% - Industry AVG
ANDREWS SHIPPING AND FORWARDING LIMITED financials
Andrews Shipping And Forwarding Limited's latest turnover from March 2023 is estimated at £4.2 million and the company has net assets of £1 million. According to their latest financial statements, Andrews Shipping And Forwarding Limited has 14 employees and maintains cash reserves of £888.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 14 | 14 | 14 | 14 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 64,364 | 13,229 | 10,674 | 2,550 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 64,364 | 13,229 | 10,674 | 2,550 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,078,008 | 551,830 | 408,744 | 618,909 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 888,406 | 986,870 | 1,234,275 | 720,021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,966,414 | 1,538,700 | 1,643,019 | 1,338,930 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 2,030,778 | 1,551,929 | 1,653,693 | 1,341,480 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 990,570 | 794,938 | 817,602 | 773,291 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| total current liabilities | 990,570 | 794,938 | 817,602 | 773,291 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 990,570 | 794,938 | 817,602 | 773,291 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 1,040,208 | 756,991 | 836,091 | 568,189 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 1,040,208 | 756,991 | 836,091 | 568,189 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 19,781 | 2,334 | 1,884 | 450 | ||||||||||
| Amortisation | 0 | 0 | 0 | 0 | ||||||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 526,178 | 143,086 | -210,165 | 618,909 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 195,632 | -22,664 | 44,311 | 773,291 | 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 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| 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 | 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 | 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 | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -98,464 | -247,405 | 514,254 | 720,021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -98,464 | -247,405 | 514,254 | 720,021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
andrews shipping and forwarding limited Credit Report and Business Information
Andrews Shipping And Forwarding Limited Competitor Analysis
Perform a competitor analysis for andrews shipping and forwarding limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in N 7 area or any other competitors across 12 key performance metrics.
andrews shipping and forwarding limited Ownership
ANDREWS SHIPPING AND FORWARDING LIMITED group structure
Andrews Shipping And Forwarding Limited has no subsidiary companies.
Ultimate parent company
ANDREWS SHIPPING AND FORWARDING LIMITED
05640055
andrews shipping and forwarding limited directors
Andrews Shipping And Forwarding Limited currently has 4 directors. The longest serving directors include Mr Spyrakis Spyrou (Nov 2005) and Mr Andrew Spyrou (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Spyrakis Spyrou | United Kingdom | 69 years | Nov 2005 | - | Director |
| Mr Andrew Spyrou | 40 years | Nov 2018 | - | Director | |
| Ms Despina Spyrou | 64 years | Nov 2018 | - | Director | |
| Ms Kristy Spyrou | 40 years | Nov 2018 | - | Director |
P&L
March 2023turnover
4.2m
+65%
operating profit
309.8k
0%
gross margin
14.8%
-1.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1m
+0.37%
total assets
2m
+0.31%
cash
888.4k
-0.1%
net assets
Total assets minus all liabilities
Similar Companies
andrews shipping and forwarding limited company details
company number
05640055
Type
Private limited with Share Capital
industry
52241 - Cargo handling for water transport activities of division 50
52101 - Operation of warehousing and storage facilities for water transport activities of division 50
52290 - Other transportation support activities
incorporation date
November 2005
age
19
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
178 seven sisters road, london, N7 7PX
accountant
-
auditor
-
andrews shipping and forwarding 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 andrews shipping and forwarding limited.
andrews shipping and forwarding limited Companies House Filings - See Documents
| date | description | view/download |
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