bw pioneer (uk) limited
bw pioneer (uk) limited Company Information
Company Number
06299335
Next Accounts
Sep 2025
Shareholders
bw offshore shipholding pte ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
128 city road, london, EC1V 2NX
Website
-bw pioneer (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of BW PIONEER (UK) LIMITED at £51.2m based on a Turnover of £44.7m and 1.15x industry multiple (adjusted for size and gross margin).
bw pioneer (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of BW PIONEER (UK) LIMITED at £374.6m based on an EBITDA of £44.6m and a 8.4x industry multiple (adjusted for size and gross margin).
bw pioneer (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of BW PIONEER (UK) LIMITED at £306.1m based on Net Assets of £143.5m and 2.13x industry multiple (adjusted for liquidity).
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Bw Pioneer (uk) Limited Overview
Bw Pioneer (uk) Limited is a live company located in london, EC1V 2NX with a Companies House number of 06299335. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2007, it's largest shareholder is bw offshore shipholding pte ltd with a 100% stake. Bw Pioneer (uk) Limited is a established, large sized company, Pomanda has estimated its turnover at £44.7m with declining growth in recent years.
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Bw Pioneer (uk) Limited Health Check
Pomanda's financial health check has awarded Bw Pioneer (Uk) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £44.7m, make it larger than the average company (£4.8m)
£44.7m - Bw Pioneer (uk) Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6.7%)
-4% - Bw Pioneer (uk) Limited
6.7% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
38.2% - Bw Pioneer (uk) Limited
38.2% - Industry AVG
Profitability
an operating margin of 22.3% make it more profitable than the average company (5.7%)
22.3% - Bw Pioneer (uk) Limited
5.7% - Industry AVG
Employees
with 261 employees, this is above the industry average (27)
- Bw Pioneer (uk) Limited
27 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Bw Pioneer (uk) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £171.1k, this is equally as efficient (£171.3k)
- Bw Pioneer (uk) Limited
£171.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Bw Pioneer (uk) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (32 days)
4 days - Bw Pioneer (uk) Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (33 days)
13 days - Bw Pioneer (uk) Limited
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 966 weeks, this is more cash available to meet short term requirements (22 weeks)
966 weeks - Bw Pioneer (uk) Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.8%, this is a lower level of debt than the average (62.6%)
3.8% - Bw Pioneer (uk) Limited
62.6% - Industry AVG
BW PIONEER (UK) LIMITED financials
Bw Pioneer (Uk) Limited's latest turnover from December 2023 is £44.7 million and the company has net assets of £143.5 million. According to their latest financial statements, we estimate that Bw Pioneer (Uk) Limited has 261 employees and maintains cash reserves of £48.8 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 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 44,666,181 | 48,934,261 | 52,196,167 | 50,691,907 | 48,722,703 | 49,360,328 | 53,942,292 | 39,717,557 | 24,028,173 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 9,957,109 | 14,516,051 | 17,532,951 | 20,563,940 | 18,310,860 | 18,678,113 | 21,288,541 | 39,662,574 | 23,999,962 | ||||||
| Interest Payable | 17,789 | 14,121 | 1,519 | 1,649 | |||||||||||
| Interest Receivable | 1,477,704 | 622,624 | 2,935,310 | 5,422,834 | 10,846,311 | 9,379,225 | 5,787,451 | 3,672,889 | |||||||
| Pre-Tax Profit | 11,434,814 | 15,138,676 | 17,515,161 | 23,485,129 | 23,733,695 | 29,518,347 | 30,641,385 | 17,024,177 | 11,404,978 | ||||||
| Tax | -2,749,049 | -2,723,377 | -4,955,931 | -4,466,508 | -3,775,465 | -5,608,904 | -5,872,218 | 10,634,933 | 2,456,501 | ||||||
| Profit After Tax | 8,685,765 | 12,415,299 | 12,559,230 | 19,018,621 | 19,958,230 | 23,909,443 | 24,769,167 | 27,659,110 | 13,861,479 | ||||||
| Dividends Paid | 40,430,177 | 72,247,816 | 51,297,083 | 18,992,631 | |||||||||||
| Retained Profit | 8,685,765 | 12,415,299 | -27,870,947 | -53,229,194 | -31,338,854 | 4,916,812 | 24,769,167 | 27,659,110 | 13,861,479 | ||||||
| Employee Costs | 8,357 | 9,893 | 6,779 | 2,938 | |||||||||||
| Number Of Employees | 1 | 1 | 1 | ||||||||||||
| EBITDA* | 44,620,863 | 14,550,683 | 17,567,583 | 50,368,899 | 47,986,223 | 48,643,166 | 53,683,430 | 11,235,972 | 7,742,714 |
* 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 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 97,878,126 | 132,435,514 | 166,830,274 | 219,886,153 | 303,548,293 | 350,812,885 | 615,108,821 | 530,598,027 | 488,048,249 | ||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 96,175,436 | 105,681,075 | 310,838,417 | 218,108,759 | |||||||||||
| Total Fixed Assets | 97,878,125 | 132,435,513 | 166,830,274 | 219,886,153 | 303,548,292 | 350,812,884 | 615,108,821 | 530,598,026 | 488,048,249 | ||||||
| Stock & work in progress | 992,150 | 991,347 | 991,347 | 1,081,987 | 899,164 | 932,158 | 1,011,541 | 924,154 | 907,917 | ||||||
| Trade Debtors | 30,688,185 | ||||||||||||||
| Group Debtors | 1,597,475 | 29,468,747 | 31,133,662 | 29,591,386 | 17,450,534 | 9,840,461 | 15,788,128 | 20,481,283 | |||||||
| Misc Debtors | |||||||||||||||
| Cash | 48,756,979 | 51,575,968 | 8,166,087 | 2,133,086 | 1,198,886 | 888,855 | 1,562,242 | 337,425 | 458,584 | 1 | |||||
| misc current assets | 54,699 | 59,357 | 5,592,378 | ||||||||||||
| total current assets | 51,346,605 | 82,036,064 | 40,291,097 | 32,806,460 | 19,548,586 | 11,716,174 | 18,421,270 | 27,335,241 | 32,054,687 | 2 | |||||
| total assets | 149,224,730 | 214,471,577 | 207,121,371 | 252,692,613 | 323,096,878 | 362,529,058 | 633,530,091 | 557,933,267 | 520,102,936 | 2 | |||||
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 326,131 | 2,427,428 | 2,365,165 | 2,853,234 | 2,476,183 | 2,586,796 | 1,065,952 | 2,516,382 | 1,360,987 | ||||||
| Group/Directors Accounts | 1 | 1 | 1 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,296,673 | 1,833,912 | 4,613,891 | 1,269,966 | 16,121 | 110,157 | 3,297 | 223,694 | 306,654 | ||||||
| total current liabilities | 2,622,805 | 4,261,341 | 6,979,057 | 4,123,202 | 2,492,305 | 2,696,954 | 1,069,250 | 2,740,077 | 1,667,642 | ||||||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 6,223,192 | 13,566,750 | 18,259,884 | 19,346,924 | 9,511,944 | ||||||||||
| total long term liabilities | 3,111,596 | 6,783,375 | 9,129,942 | 9,673,462 | 4,755,972 | ||||||||||
| total liabilities | 5,734,401 | 11,044,716 | 16,108,999 | 13,796,664 | 7,248,277 | 2,696,954 | 1,069,250 | 2,740,077 | 1,667,642 | ||||||
| net assets | 143,490,329 | 203,426,861 | 191,012,372 | 238,895,949 | 315,848,600 | 359,832,105 | 632,460,841 | 555,193,191 | 518,435,294 | 2 | |||||
| total shareholders funds | 143,490,329 | 203,426,862 | 191,012,372 | 238,895,949 | 315,848,600 | 359,832,105 | 632,460,841 | 555,193,191 | 518,435,295 | 2 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 9,957,109 | 14,516,051 | 17,532,951 | 20,563,940 | 18,310,860 | 18,678,113 | 21,288,541 | 39,662,574 | 23,999,962 | ||||||
| Depreciation | 34,663,753 | 34,632 | 34,632 | 29,804,960 | 29,675,363 | 29,965,054 | 32,394,889 | -28,426,602 | -16,257,248 | ||||||
| Amortisation | |||||||||||||||
| Tax | -2,749,049 | -2,723,377 | -4,955,931 | -4,466,508 | -3,775,465 | -5,608,904 | -5,872,218 | 10,634,933 | 2,456,501 | ||||||
| Stock | 803 | -90,640 | 182,823 | -32,994 | -79,383 | 87,387 | 16,237 | 907,917 | |||||||
| Debtors | -27,871,272 | -1,664,915 | 1,542,276 | -84,034,584 | -1,895,566 | -211,105,009 | 88,036,503 | 207,901,857 | 30,688,185 | ||||||
| Creditors | -2,101,297 | 62,262 | -488,069 | 377,051 | -110,613 | 1,520,844 | -1,450,430 | 1,155,394 | 1,360,987 | ||||||
| Accruals and Deferred Income | 462,761 | -2,779,979 | 3,343,925 | 1,253,845 | -94,036 | 106,860 | -220,397 | -82,960 | 306,654 | ||||||
| Deferred Taxes & Provisions | -7,343,558 | -4,693,134 | -1,087,040 | 9,834,980 | 9,511,944 | ||||||||||
| Cash flow from operations | 60,760,188 | 6,081,370 | 12,928,832 | 141,220,029 | 55,446,613 | 255,846,359 | -41,983,505 | -184,974,755 | -19,729,246 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1 | 1 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 1,477,704 | 622,624 | -17,789 | 2,921,189 | 5,422,834 | 10,844,792 | 9,377,576 | 5,787,451 | 3,672,889 | ||||||
| cash flow from financing | -67,144,593 | 621,815 | -20,030,421 | -20,802,268 | -7,221,816 | -266,700,756 | 61,876,059 | 14,886,238 | 508,246,703 | 2 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | -2,818,989 | 43,409,881 | 6,033,001 | 934,200 | 310,031 | -673,387 | 1,224,817 | -121,159 | 458,583 | 1 | |||||
| overdraft | |||||||||||||||
| change in cash | -2,818,989 | 43,409,881 | 6,033,001 | 934,200 | 310,031 | -673,387 | 1,224,817 | -121,159 | 458,583 | 1 |
bw pioneer (uk) limited Credit Report and Business Information
Bw Pioneer (uk) Limited Competitor Analysis
Perform a competitor analysis for bw pioneer (uk) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in EC1V area or any other competitors across 12 key performance metrics.
bw pioneer (uk) limited Ownership
BW PIONEER (UK) LIMITED group structure
Bw Pioneer (Uk) Limited has no subsidiary companies.
Ultimate parent company
BW OFFSHORE SHIPHOLDING PTE LTD
#0131000
1 parent
BW PIONEER (UK) LIMITED
06299335
bw pioneer (uk) limited directors
Bw Pioneer (Uk) Limited currently has 2 directors. The longest serving directors include Asgeir Skjeloy (Sep 2022) and Mr Michael McAreavey (Oct 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Asgeir Skjeloy | United Kingdom | 50 years | Sep 2022 | - | Director |
| Mr Michael McAreavey | Scotland | 55 years | Oct 2024 | - | Director |
P&L
December 2023turnover
44.7m
-9%
operating profit
10m
-31%
gross margin
38.2%
-0.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
143.5m
-0.29%
total assets
149.2m
-0.3%
cash
48.8m
-0.05%
net assets
Total assets minus all liabilities
bw pioneer (uk) limited company details
company number
06299335
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2007
age
18
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
listhope limited (August 2014)
accountant
-
auditor
KPMG LLP
address
128 city road, london, EC1V 2NX
Bank
-
Legal Advisor
-
bw pioneer (uk) 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 14 charges/mortgages relating to bw pioneer (uk) limited. Currently there are 14 open charges and 0 have been satisfied in the past.
bw pioneer (uk) 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 BW PIONEER (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.
bw pioneer (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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