seven mile shipping limited
seven mile shipping limited Company Information
Company Number
06567091
Website
-Registered Address
8th floor becket house, 36 old jewry, london, EC2R 8DD
Industry
Sea and coastal freight water transport
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
cmi offshore marine ltd (ex cmi offshore (uk) limited) 100%
seven mile shipping limited Estimated Valuation
The estimated valuation range for seven mile shipping limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £851.7k
seven mile shipping limited Estimated Valuation
The estimated valuation range for seven mile shipping limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £851.7k
seven mile shipping limited Estimated Valuation
The estimated valuation range for seven mile shipping limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £851.7k
Get a detailed valuation report, edit figures and unlock valuation multiples.
Seven Mile Shipping Limited AI Business Plan
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Seven Mile Shipping Limited Overview
Seven Mile Shipping Limited is a live company located in london, EC2R 8DD with a Companies House number of 06567091. It operates in the sea and coastal freight water transport sector, SIC Code 50200. Founded in April 2008, it's largest shareholder is cmi offshore marine ltd (ex cmi offshore (uk) limited) with a 100% stake. Seven Mile Shipping Limited is a established, small sized company, Pomanda has estimated its turnover at £927.5k with rapid growth in recent years.
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Seven Mile Shipping Limited Health Check
Pomanda's financial health check has awarded Seven Mile Shipping Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £927.5k, make it smaller than the average company (£7.4m)
- Seven Mile Shipping Limited
£7.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (6.8%)
- Seven Mile Shipping Limited
6.8% - Industry AVG
Production
with a gross margin of 32.3%, this company has a comparable cost of product (32.3%)
- Seven Mile Shipping Limited
32.3% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (9.5%)
- Seven Mile Shipping Limited
9.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Seven Mile Shipping Limited
12 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Seven Mile Shipping Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £463.8k, this is less efficient (£740.7k)
- Seven Mile Shipping Limited
£740.7k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (28 days)
- Seven Mile Shipping Limited
28 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Seven Mile Shipping Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Seven Mile Shipping Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Seven Mile Shipping Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 189.6%, this is a higher level of debt than the average (61.4%)
189.6% - Seven Mile Shipping Limited
61.4% - Industry AVG
seven mile shipping limited Credit Report and Business Information
Seven Mile Shipping Limited Competitor Analysis
Perform a competitor analysis for seven mile shipping limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
seven mile shipping limited Ownership
SEVEN MILE SHIPPING LIMITED group structure
Seven Mile Shipping Limited has no subsidiary companies.
Ultimate parent company
2 parents
SEVEN MILE SHIPPING LIMITED
06567091
seven mile shipping limited directors
Seven Mile Shipping Limited currently has 2 directors. The longest serving directors include Mr Richard Keisner (Apr 2008) and Ms Athanasia Politou (Nov 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Keisner | 72 years | Apr 2008 | - | Director | |
| Ms Athanasia Politou | England | 48 years | Nov 2013 | - | Director |
SEVEN MILE SHIPPING LIMITED financials
Seven Mile Shipping Limited's latest turnover from December 2022 is estimated at £927.5 thousand and the company has net assets of -£1.1 million. According to their latest financial statements, Seven Mile Shipping Limited has 2 employees and maintains cash reserves of £1.5 thousand 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 | 5,324,326 | 3,531,272 | 4,828,652 | 3,879,951 | 2,345,855 | 2,061,869 | 2,754,870 | 2,985,714 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 2,331,470 | 4,380,677 | 2,824,588 | 2,235,499 | 1,135,895 | 737,536 | 1,342,619 | 0 | ||||||
| Gross Profit | 2,992,856 | -849,405 | 2,004,064 | 1,644,453 | 1,209,960 | 1,324,333 | 1,412,251 | 2,985,714 | ||||||
| Admin Expenses | 599,225 | 967,098 | 1,845,876 | 1,536,710 | 1,503,029 | 1,656,346 | 725,900 | 841,702 | ||||||
| Operating Profit | 2,393,631 | -1,816,503 | 158,188 | 107,743 | -293,069 | -332,013 | 686,351 | 2,144,012 | ||||||
| Interest Payable | 42,695 | 75,915 | 90,450 | 62,047 | 19,878 | 49,336 | 130,314 | 210,772 | ||||||
| Interest Receivable | 0 | 0 | 0 | 8 | 4 | 3 | 7 | 0 | ||||||
| Pre-Tax Profit | 3,568,130 | -1,397,482 | 67,738 | 45,705 | -312,943 | -381,346 | 556,045 | 1,933,240 | ||||||
| Tax | -358,975 | -352,670 | -406,901 | -236,023 | -234,630 | -208,116 | -275,487 | -438,909 | ||||||
| Profit After Tax | 3,209,156 | -1,750,153 | -339,163 | -190,318 | -547,573 | -589,462 | 280,558 | 1,494,331 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | 3,209,156 | -1,750,153 | -339,163 | -190,318 | -547,573 | -589,462 | 280,558 | 1,494,331 | ||||||
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Number Of Employees | 2 | 2 | 2 | 2 | ||||||||||
| EBITDA* | 2,972,059 | -940,032 | 158,188 | 1,612,859 | 645,886 | 1,259,001 | 1,398,103 | 2,866,409 |
* 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 | 1,132,044 | 0 | 446,524 | 1,322,163 | 3,147,651 | 4,958,906 | 5,410,841 | 6,097,347 | 2,770,433 | 3,999,914 | 3,062,301 | 6,353,822 | 5,767,876 | 6,576,537 |
| 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 | 1,132,045 | 0 | 446,525 | 1,322,164 | 3,147,651 | 4,958,906 | 5,410,841 | 6,097,347 | 2,770,433 | 3,999,915 | 3,062,301 | 6,353,822 | 5,767,876 | 6,576,538 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 46,090 | 0 | 762,569 | 0 | 0 | 732,145 | 801,219 | 0 | 0 | 150,343 | 584,773 | 0 | 0 | 4,411,320 |
| Group Debtors | 0 | 16,576 | 162 | 134 | 17,737 | 0 | 0 | 620,800 | 4,382,249 | 3,674,337 | 1,739,585 | 1,559,106 | 3,217,056 | 0 |
| Misc Debtors | 3,302 | 0 | 0 | 2,009 | 5,928 | 269 | 8,472 | 2,285,752 | 8,140 | 5,681 | 0 | 0 | 1 | 1 |
| Cash | 1,491 | 617,031 | 54,813 | 420 | 498 | 20,651 | 166,949 | 106 | 353,300 | 151,105 | 904 | 117 | 123 | 1,169 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 50,884 | 633,607 | 817,545 | 2,564 | 24,164 | 753,066 | 976,640 | 2,906,659 | 4,743,690 | 3,981,466 | 2,325,263 | 1,559,224 | 3,217,181 | 4,412,491 |
| total assets | 1,182,929 | 633,607 | 1,264,069 | 1,324,728 | 3,171,815 | 5,711,972 | 6,387,481 | 9,004,006 | 7,514,124 | 7,981,381 | 5,387,564 | 7,913,046 | 8,985,057 | 10,989,028 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 325,237 | 1,508,307 | 1,293,733 | 1,851,449 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,290,788 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 1,762 | 6,370 | 768,941 | 1,167,715 | 1,379 | 1,325 | 3,024,803 | 2,127,204 | 0 | 0 | 445,195 |
| Group/Directors Accounts | 2,232,762 | 1,667,678 | 2,528,724 | 2,632,236 | 3,748,378 | 1,963,574 | 1,946,447 | 5,385,474 | 5,550,274 | 2,831,967 | 830,702 | 3,178,764 | 3,118,787 | 3,045,951 |
| 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 | 10,376 | 20,103 | 4,413 | 103,137 | 7,120 | 57,819 | 56,467 | 382,345 | 251,576 | 336,039 | 308,577 | 276,391 | 340,140 | 322,421 |
| total current liabilities | 2,243,139 | 1,687,781 | 2,533,137 | 2,737,136 | 3,761,869 | 2,790,334 | 3,170,629 | 7,059,986 | 5,803,176 | 6,192,810 | 3,591,720 | 4,963,462 | 4,752,660 | 5,665,016 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,936,184 | 0 | 0 | 0 | 359,474 | 1,183,733 | 2,514,506 |
| 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 | 1,936,184 | 0 | 0 | 0 | 359,475 | 1,183,733 | 2,514,506 |
| total liabilities | 2,243,139 | 1,687,781 | 2,533,137 | 2,737,136 | 3,761,869 | 2,790,334 | 3,170,629 | 8,996,170 | 5,803,176 | 6,192,810 | 3,591,720 | 5,322,937 | 5,936,393 | 8,179,522 |
| net assets | -1,060,210 | -1,054,174 | -1,269,068 | -1,412,408 | -590,053 | 2,921,638 | 3,216,852 | 7,836 | 1,710,948 | 1,788,571 | 1,795,844 | 2,590,109 | 3,048,664 | 2,809,506 |
| total shareholders funds | -1,060,210 | -1,054,174 | -1,269,068 | -1,412,408 | -590,053 | 2,921,638 | 3,216,852 | 7,836 | 1,710,948 | 1,788,571 | 1,795,844 | 2,590,109 | 3,048,664 | 2,809,506 |
| 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 | 2,393,631 | -1,816,503 | 158,188 | 107,743 | -293,069 | -332,013 | 686,351 | 2,144,012 | ||||||
| Depreciation | 0 | 0 | 0 | 394,266 | 1,709,070 | 460,146 | 578,428 | 876,471 | 1,505,115 | 938,954 | 1,591,014 | 711,752 | 722,397 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -358,975 | -352,670 | -406,901 | -236,023 | -234,630 | -208,116 | -275,487 | -438,909 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 32,816 | -746,155 | 760,587 | -21,522 | -708,748 | -77,277 | -2,096,861 | -1,483,838 | 560,029 | 1,506,003 | 765,252 | -1,657,951 | -1,194,264 | 4,411,321 |
| Creditors | 0 | 0 | -1,762 | -4,608 | -762,571 | -398,774 | 1,166,336 | 53 | -3,023,478 | 897,600 | 2,127,204 | 0 | -445,195 | 445,195 |
| Accruals and Deferred Income | -9,727 | 15,690 | -98,724 | 96,017 | -50,699 | 1,352 | -325,878 | 130,769 | -84,463 | 27,462 | 32,186 | -63,749 | 17,719 | 322,421 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 5,550,403 | 321,958 | 795,894 | 1,805,393 | 2,645,087 | 1,889,404 | -1,216,205 | |||||||
| 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 | -1,290,788 | 1,290,788 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 565,084 | -861,046 | -103,513 | -1,116,142 | 1,784,805 | 17,127 | -3,439,027 | -164,800 | 2,718,307 | 2,001,265 | -2,348,062 | 59,977 | 72,836 | 3,045,951 |
| 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 | -1,936,184 | 1,936,184 | 0 | 0 | -359,474 | -824,259 | -1,330,773 | 2,514,506 |
| 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 | -42,695 | -75,915 | -90,450 | -62,039 | -19,874 | -49,333 | -130,307 | -210,772 | ||||||
| cash flow from financing | -6,708,834 | 3,033,298 | 2,889,397 | 2,122,271 | -2,974,102 | -682,708 | -1,429,644 | 6,664,860 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | -615,540 | 562,217 | 54,394 | -78 | -20,154 | -146,297 | 166,843 | -353,194 | 202,195 | 150,201 | 787 | -7 | -1,046 | 1,169 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -325,237 | -1,183,070 | 214,574 | -557,716 | 1,851,449 |
| change in cash | -615,540 | 562,217 | 54,394 | -78 | -20,154 | -146,297 | 166,843 | -353,194 | 202,195 | 475,438 | 1,183,857 | -214,581 | 556,670 | -1,850,280 |
P&L
December 2022turnover
927.5k
-18%
operating profit
-16.9k
0%
gross margin
32.3%
+19.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-1.1m
+0.01%
total assets
1.2m
+0.87%
cash
1.5k
-1%
net assets
Total assets minus all liabilities
Similar Companies
seven mile shipping limited company details
company number
06567091
Type
Private limited with Share Capital
industry
50200 - Sea and coastal freight water transport
incorporation date
April 2008
age
16
accounts
Small Company
ultimate parent company
previous names
ensco 672 limited (May 2008)
incorporated
UK
address
8th floor becket house, 36 old jewry, london, EC2R 8DD
last accounts submitted
December 2022
seven mile 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 13 charges/mortgages relating to seven mile shipping limited. Currently there are 10 open charges and 3 have been satisfied in the past.
seven mile shipping limited Companies House Filings - See Documents
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