Accord Marine Service Ltd

POWER SEARCH PRICING

SOLUTIONS

accord marine service ltd Company Information

Live

EstablishedSmallDeclining

Company Number

06385752

Website

Registered Address

10 famet avenue, purley, surrey, CR8 2DN

Industry

Other business support service activities n.e.c.

Telephone

Next Accounts Due

May 2025

Group Structure

View All

Directors

Binghua Zhang17 Years

Chunhua Ge13 Years

Shareholders

binghua zhang 50%

chunhua ge 50%

accord marine service ltd Estimated Valuation

£282.4k

Pomanda estimates the enterprise value of ACCORD MARINE SERVICE LTD at £282.4k based on a Turnover of £686.8k and 0.41x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Accord Marine Service Ltd is a live company located in surrey, CR8 2DN with a Companies House number of 06385752. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2007, it's largest shareholder is binghua zhang with a 50% stake. Accord Marine Service Ltd is a established, small sized company, Pomanda has estimated its turnover at £686.8k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Accord Marine Service Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £686.8k, make it smaller than the average company (£3.6m)

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5%)

EXPORT

Accord Marine Service Ltd's latest turnover from August 2023 is estimated at £686.8 thousand and the company has net assets of -£181.2 thousand. According to their latest financial statements, Accord Marine Service Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Turnover	686,818	623,237	625,756	695,740	659,139	879,078	864,915	881,572	492,665	525,405	830,738	776,274	728,946	252,282	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	567,793	515,713	529,393	578,506	548,210	730,384	714,984	726,352	410,632	439,339	691,461	639,257	594,904	202,481	0
Gross Profit	119,025	107,524	96,364	117,234	110,930	148,694	149,931	155,220	82,033	86,066	139,276	137,017	134,042	49,800	0
Admin Expenses	132,183	121,211	52,491	129,625	113,431	164,421	168,667	194,125	147,722	69,737	150,834	147,796	148,821	68,106	-8,617
Operating Profit	-13,158	-13,687	43,873	-12,391	-2,501	-15,727	-18,736	-38,905	-65,689	16,329	-11,558	-10,779	-14,779	-18,306	8,617
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	7	14	31	89	121	66	24	40	31
Pre-Tax Profit	-13,158	-13,687	43,873	-12,391	-2,501	-15,727	-18,729	-38,891	-65,658	16,418	-11,437	-10,713	-14,755	-18,266	8,649
Tax	0	0	-8,336	0	0	0	0	0	0	-3,448	0	0	0	0	-2,422
Profit After Tax	-13,158	-13,687	35,537	-12,391	-2,501	-15,727	-18,729	-38,891	-65,658	12,970	-11,437	-10,713	-14,755	-18,266	6,227
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-13,158	-13,687	35,537	-12,391	-2,501	-15,727	-18,729	-38,891	-65,658	12,970	-11,437	-10,713	-14,755	-18,266	6,227
Employee Costs	94,551	89,500	85,017	82,636	82,015	117,247	113,867	114,363	75,447	75,239	110,458	110,094	107,784	35,229	0
Number Of Employees	2	2	2	2	2	3	3	3	2	2	3	3	3	1	0
EBITDA*	-13,158	-13,687	43,873	-12,391	-2,501	-15,727	-18,736	-38,845	-65,608	16,437	-11,414	-10,587	-14,524	-17,966	9,071

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Tangible Assets	0	0	0	57	76	102	136	181	241	322	430	574	766	1,021	1,361
Intangible Assets	0	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	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	0	0	0	57	76	102	136	181	241	322	430	574	766	1,021	1,361
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	176,136	176,136	176,792	175,783	176,002	177,102	178,801	174,800	176,065	187,594	174,800	174,800	174,800	61,899	15,000
Group Debtors	0	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	0
Cash	0	0	0	0	0	0	0	5,826	4,979	7,337	28,312	20,172	6,103	3,453	12,496
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	176,136	176,136	176,792	175,783	176,002	177,102	178,801	180,626	181,044	194,931	203,112	194,972	180,903	65,352	27,496
total assets	176,136	176,136	176,792	175,840	176,078	177,204	178,937	180,807	181,285	195,253	203,542	195,546	181,669	66,373	28,857
Bank overdraft	0	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	0
Trade Creditors	357,315	344,157	331,126	365,711	353,558	352,183	338,189	321,328	1,290	1,290	252,484	233,051	208,461	78,411	22,629
Group/Directors Accounts	0	0	0	0	0	0	0	0	281,625	229,935	0	0	0	0	0
other short term finances	0	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	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	357,315	344,157	331,126	365,711	353,558	352,183	338,189	321,328	282,915	231,225	252,484	233,051	208,461	78,411	22,629
loans	0	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	0
Accruals and Deferred Income	0	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	0
provisions	0	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	0
total liabilities	357,315	344,157	331,126	365,711	353,558	352,183	338,189	321,328	282,915	231,225	252,484	233,051	208,461	78,411	22,629
net assets	-181,179	-168,021	-154,334	-189,871	-177,480	-174,979	-159,252	-140,521	-101,630	-35,972	-48,942	-37,505	-26,792	-12,038	6,228
total shareholders funds	-181,179	-168,021	-154,334	-189,871	-177,480	-174,979	-159,252	-140,521	-101,630	-35,972	-48,942	-37,505	-26,792	-12,038	6,228

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Operating Activities
Operating Profit	-13,158	-13,687	43,873	-12,391	-2,501	-15,727	-18,736	-38,905	-65,689	16,329	-11,558	-10,779	-14,779	-18,306	8,617
Depreciation	0	0	0	0	0	0	0	60	81	108	144	192	255	340	454
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	-8,336	0	0	0	0	0	0	-3,448	0	0	0	0	-2,422
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	0	-656	1,009	-219	-1,100	-1,699	4,001	-1,265	-11,529	12,794	0	0	112,901	46,899	15,000
Creditors	13,158	13,031	-34,585	12,153	1,375	13,994	16,861	320,038	0	-251,194	19,433	24,590	130,050	55,782	22,629
Accruals and Deferred Income	0	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	0
Cash flow from operations	0	0	-57	-19	-26	-34	-5,876	282,458	-54,079	-250,999	8,019	14,003	2,625	-9,083	14,278
Investing Activities
capital expenditure	0	0	57	19	26	34	45	0	0	0	0	0	0	0	-1,815
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	57	19	26	34	45	0	0	0	0	0	0	0	-1,815
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	-281,625	51,690	229,935	0	0	0	0	0
Other Short Term Loans	0	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	0
Hire Purchase and Lease Commitments	0	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	0
share issue	0	0	0	0	0	0	-2	0	0	0	0	0	1	0	1
interest	0	0	0	0	0	0	7	14	31	89	121	66	24	40	31
cash flow from financing	0	0	0	0	0	0	5	-281,611	51,721	230,024	121	66	25	40	32
cash and cash equivalents
cash	0	0	0	0	0	0	-5,826	847	-2,358	-20,975	8,140	14,069	2,650	-9,043	12,496
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	-5,826	847	-2,358	-20,975	8,140	14,069	2,650	-9,043	12,496

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for accord marine service ltd. Get real-time insights into accord marine service ltd'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 accord marine service ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CR8 area or any other competitors across 12 key performance metrics.

ACCORD MARINE SERVICE LTD group structure

Accord Marine Service Ltd has no subsidiary companies.

Ultimate parent company

ACCORD MARINE SERVICE LTD

06385752

ACCORD MARINE SERVICE LTD Shareholders

binghua zhang	50%
chunhua ge	50%

Accord Marine Service Ltd currently has 2 directors. The longest serving directors include Binghua Zhang (Oct 2007) and Chunhua Ge (May 2011).

officer	country	age	start	end	role
Binghua Zhang	United Kingdom	51 years	Oct 2007	-	Director
Chunhua Ge	United Kingdom	50 years	May 2011	-	Director

P&L

August 2023

turnover

686.8k

+10%

operating profit

-13.2k

gross margin

17.4%

+0.45%

turnover

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

Balance Sheet

August 2023

net assets

-181.2k

+0.08%

total assets

176.1k

cash

net assets

Total assets minus all liabilities

Similar Companies

evolved media solutions (uk) limited

3.5

dhr capital limited

2.5

zotefoams operations limited

trimo uk limited

2.5

ramsdales surveyors ltd

company number

06385752

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

October 2007

ultimate parent company

None

previous names

N/A

address

10 famet avenue, purley, surrey, CR8 2DN

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 accord marine service ltd.

accord marine service ltd Company Information

accord marine service ltd Estimated Valuation

accord marine service ltd Estimated Valuation

accord marine service ltd Estimated Valuation

Accord Marine Service Ltd Overview

Accord Marine Service Ltd Health Check

ACCORD MARINE SERVICE LTD financials

accord marine service ltd Credit Report and Business Information

Accord Marine Service Ltd Competitor Analysis

accord marine service ltd Ownership

accord marine service ltd directors

accord marine service ltd company details

accord marine service ltd Charges & Mortgages

accord marine service ltd Companies House Filings - See Documents