maritime service line uk limited
maritime service line uk limited Company Information
Company Number
07018834
Website
http://mslcargo.co.ukRegistered Address
ocean house marston park, tamworth, staffordshire, B78 3HU
Industry
Cargo handling for air transport activities of division 51
Telephone
02084661566
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
cargo marketing services limited & msl msl corporate sl 75%
msl msl corporate sl 25%
maritime service line uk limited Estimated Valuation
Pomanda estimates the enterprise value of MARITIME SERVICE LINE UK LIMITED at £1.6m based on a Turnover of £2.2m and 0.73x industry multiple (adjusted for size and gross margin).
maritime service line uk limited Estimated Valuation
Pomanda estimates the enterprise value of MARITIME SERVICE LINE UK LIMITED at £8.3m based on an EBITDA of £1.3m and a 6.15x industry multiple (adjusted for size and gross margin).
maritime service line uk limited Estimated Valuation
Pomanda estimates the enterprise value of MARITIME SERVICE LINE UK LIMITED at £5.8m based on Net Assets of £2.3m and 2.57x industry multiple (adjusted for liquidity).
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Maritime Service Line Uk Limited Overview
Maritime Service Line Uk Limited is a live company located in staffordshire, B78 3HU with a Companies House number of 07018834. It operates in the cargo handling for air transport activities sector, SIC Code 52242. Founded in September 2009, it's largest shareholder is cargo marketing services limited & msl msl corporate sl with a 75% stake. Maritime Service Line Uk Limited is a established, small sized company, Pomanda has estimated its turnover at £2.2m with declining growth in recent years.
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Maritime Service Line Uk Limited Health Check
Pomanda's financial health check has awarded Maritime Service Line Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £2.2m, make it smaller than the average company (£26.4m)
- Maritime Service Line Uk Limited
£26.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (17.6%)
- Maritime Service Line Uk Limited
17.6% - Industry AVG
Production
with a gross margin of 21.5%, this company has a comparable cost of product (21.5%)
- Maritime Service Line Uk Limited
21.5% - Industry AVG
Profitability
an operating margin of 61.4% make it more profitable than the average company (4%)
- Maritime Service Line Uk Limited
4% - Industry AVG
Employees
with 8 employees, this is below the industry average (92)
8 - Maritime Service Line Uk Limited
92 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
- Maritime Service Line Uk Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £273.3k, this is more efficient (£202.7k)
- Maritime Service Line Uk Limited
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (43 days)
- Maritime Service Line Uk Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (26 days)
- Maritime Service Line Uk Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Maritime Service Line Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 434 weeks, this is more cash available to meet short term requirements (12 weeks)
434 weeks - Maritime Service Line Uk Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.6%, this is a lower level of debt than the average (78%)
9.6% - Maritime Service Line Uk Limited
78% - Industry AVG
MARITIME SERVICE LINE UK LIMITED financials
Maritime Service Line Uk Limited's latest turnover from March 2023 is estimated at £2.2 million and the company has net assets of £2.3 million. According to their latest financial statements, Maritime Service Line Uk Limited has 8 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,478,001 | 3,324,444 | 2,703,856 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 1,828,886 | 2,699,769 | 2,326,016 | ||||||||||
| Gross Profit | 649,115 | 624,675 | 377,840 | ||||||||||
| Admin Expenses | 449,183 | 499,638 | 281,224 | ||||||||||
| Operating Profit | 199,932 | 125,037 | 96,616 | ||||||||||
| Interest Payable | 169 | 0 | 0 | ||||||||||
| Interest Receivable | 18 | 17 | 33 | ||||||||||
| Pre-Tax Profit | 199,781 | 125,054 | 96,649 | ||||||||||
| Tax | -40,621 | -27,403 | -19,066 | ||||||||||
| Profit After Tax | 159,160 | 97,651 | 77,583 | ||||||||||
| Dividends Paid | 0 | 9,600 | 38,400 | ||||||||||
| Retained Profit | 159,160 | 88,051 | 39,183 | ||||||||||
| Employee Costs | 255,839 | 315,513 | |||||||||||
| Number Of Employees | 8 | 11 | 10 | 10 | 10 | 9 | 10 | 8 | 7 | ||||
| EBITDA* | 204,208 | 132,864 | 100,886 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 16,718 | 9,510 | 6,381 | 4,047 | 6,073 | 3,908 | 5,286 | 9,562 | 9,536 | 2,309 | 3,394 | 2,293 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 16,718 | 9,510 | 6,381 | 4,047 | 6,073 | 3,908 | 5,286 | 9,562 | 9,536 | 2,309 | 3,394 | 2,293 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 477,714 | 2,285,847 | 1,100,280 | 647,250 | 659,758 | 576,545 | 581,398 | 459,521 | 518,649 | 460,976 | 433,862 | 356,596 | 217,950 |
| Group Debtors | 0 | 0 | 0 | 194 | 1,305 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 17,913 | 121,693 | 76,371 | 48,639 | 44,898 | 70,477 | 28,439 | 27,461 | 17,704 | 24,264 | 0 | 0 | 0 |
| Cash | 2,026,461 | 663,554 | 811,798 | 765,822 | 712,901 | 507,444 | 527,672 | 382,687 | 187,175 | 80,836 | 110,953 | 67,655 | 51,285 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,522,088 | 3,071,094 | 1,988,449 | 1,461,905 | 1,418,862 | 1,154,466 | 1,137,509 | 869,669 | 723,528 | 566,076 | 544,815 | 424,251 | 269,235 |
| total assets | 2,522,088 | 3,087,812 | 1,997,959 | 1,468,286 | 1,422,909 | 1,160,539 | 1,141,417 | 874,955 | 733,090 | 575,612 | 547,124 | 427,645 | 271,528 |
| Bank overdraft | 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 |
| Trade Creditors | 10,563 | 984,020 | 579,987 | 324,945 | 428,887 | 269,866 | 292,757 | 312,457 | 354,334 | 333,634 | 411,969 | 343,343 | 234,703 |
| Group/Directors Accounts | 15,823 | 113,617 | 90,782 | 39,939 | 30,329 | 15,331 | 51,876 | 51,231 | 58,286 | 10,000 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 216,216 | 844,394 | 243,750 | 120,859 | 106,496 | 104,885 | 125,951 | 88,714 | 46,169 | 57,640 | 0 | 0 | 0 |
| total current liabilities | 242,602 | 1,942,031 | 914,519 | 485,743 | 565,712 | 390,082 | 470,584 | 452,402 | 458,789 | 401,274 | 411,969 | 343,343 | 234,703 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 689 | 1,033 | 743 | 1,004 | 1,912 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 689 | 1,033 | 743 | 1,004 | 11,912 | 0 | 0 | 0 | 0 |
| total liabilities | 242,602 | 1,942,031 | 914,519 | 485,743 | 566,401 | 391,115 | 471,327 | 453,406 | 470,701 | 401,274 | 411,969 | 343,343 | 234,703 |
| net assets | 2,279,486 | 1,145,781 | 1,083,440 | 982,543 | 856,508 | 769,424 | 670,090 | 421,549 | 262,389 | 174,338 | 135,155 | 84,302 | 36,825 |
| total shareholders funds | 2,279,486 | 1,145,781 | 1,083,440 | 982,543 | 856,508 | 769,424 | 670,090 | 421,549 | 262,389 | 174,338 | 135,155 | 84,302 | 36,825 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 199,932 | 125,037 | 96,616 | ||||||||||
| Depreciation | 5,426 | 4,514 | 3,138 | 3,084 | 2,674 | 1,793 | 2,447 | 4,276 | 7,827 | 4,270 | 1,418 | 1,379 | 760 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -40,621 | -27,403 | -19,066 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,911,913 | 1,230,889 | 480,568 | -9,878 | 58,939 | 37,185 | 122,855 | -49,371 | 536,353 | 51,378 | 77,266 | 138,646 | 217,950 |
| Creditors | -973,457 | 404,033 | 255,042 | -103,942 | 159,021 | -22,891 | -19,700 | -41,877 | 354,334 | -78,335 | 68,626 | 108,640 | 234,703 |
| Accruals and Deferred Income | -628,178 | 600,644 | 122,891 | 14,363 | 1,611 | -21,066 | 37,237 | 42,545 | 46,169 | 57,640 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -689 | -344 | 290 | -261 | -908 | 1,912 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 212,718 | -28,477 | 9,747 | ||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | -97,794 | 22,835 | 50,843 | 9,610 | 14,998 | -36,545 | 645 | -7,055 | 58,286 | 10,000 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,000 | 10,000 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -151 | 17 | 33 | ||||||||||
| cash flow from financing | -17,206 | 242,641 | 10,033 | ||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 1,362,907 | -148,244 | 45,976 | 52,921 | 205,457 | -20,228 | 144,985 | 195,512 | 187,175 | -30,117 | 43,298 | 16,370 | 51,285 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,362,907 | -148,244 | 45,976 | 52,921 | 205,457 | -20,228 | 144,985 | 195,512 | 187,175 | -30,117 | 43,298 | 16,370 | 51,285 |
maritime service line uk limited Credit Report and Business Information
Maritime Service Line Uk Limited Competitor Analysis
Perform a competitor analysis for maritime service line uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
maritime service line uk limited Ownership
MARITIME SERVICE LINE UK LIMITED group structure
Maritime Service Line Uk Limited has no subsidiary companies.
Ultimate parent company
MSL MSL CORPORATE SL
#0136042
2 parents
MARITIME SERVICE LINE UK LIMITED
07018834
maritime service line uk limited directors
Maritime Service Line Uk Limited currently has 9 directors. The longest serving directors include Mr Juan Olarieta (Sep 2009) and Mrs Tracey Bennett (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Juan Olarieta | England | 45 years | Sep 2009 | - | Director |
| Mrs Tracey Bennett | England | 57 years | Mar 2014 | - | Director |
| Mr Michael Frearson | 58 years | Mar 2014 | - | Director | |
| Mr Hector Taleb | Argentina | 58 years | Oct 2021 | - | Director |
| Mr Franco Mercante | Argentina | 43 years | Oct 2021 | - | Director |
| Mr Gustavo Barcia Exposito | Uruguay | 56 years | Oct 2021 | - | Director |
| Mr Gustavo Barcia Exposito | Uruguay | 56 years | Oct 2021 | - | Director |
| Mr Franco Mercante | Argentina | 43 years | Oct 2021 | - | Director |
| Mr Rodrigo Vazquez | United States | 49 years | Oct 2021 | - | Director |
P&L
March 2023turnover
2.2m
-83%
operating profit
1.3m
0%
gross margin
21.5%
-8.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.3m
+0.99%
total assets
2.5m
-0.18%
cash
2m
+2.05%
net assets
Total assets minus all liabilities
maritime service line uk limited company details
company number
07018834
Type
Private limited with Share Capital
industry
52242 - Cargo handling for air transport activities of division 51
incorporation date
September 2009
age
15
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
ocean house marston park, tamworth, staffordshire, B78 3HU
last accounts submitted
March 2023
maritime service line 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 did not find charges/mortgages relating to maritime service line uk limited.
maritime service line uk limited Companies House Filings - See Documents
| date | description | view/download |
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