marine buildings limited
marine buildings limited Company Information
Company Number
07188583
Next Accounts
Jan 2026
Shareholders
unicorn sheet metal works ltd
margaret jean barnes
View AllGroup Structure
View All
Industry
Construction of commercial buildings
+2Registered Address
marine house norman terrace, willington quay, wallsend, tyne and wear, NE28 6SU
Website
www.marinebuildings.commarine buildings limited Estimated Valuation
Pomanda estimates the enterprise value of MARINE BUILDINGS LIMITED at £196.4k based on a Turnover of £147.4k and 1.33x industry multiple (adjusted for size and gross margin).
marine buildings limited Estimated Valuation
Pomanda estimates the enterprise value of MARINE BUILDINGS LIMITED at £512.7k based on an EBITDA of £118.4k and a 4.33x industry multiple (adjusted for size and gross margin).
marine buildings limited Estimated Valuation
Pomanda estimates the enterprise value of MARINE BUILDINGS LIMITED at £2.3m based on Net Assets of £1.4m and 1.56x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Marine Buildings Limited Overview
Marine Buildings Limited is a live company located in wallsend, NE28 6SU with a Companies House number of 07188583. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in March 2010, it's largest shareholder is unicorn sheet metal works ltd with a 75% stake. Marine Buildings Limited is a established, micro sized company, Pomanda has estimated its turnover at £147.4k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Marine Buildings Limited Health Check
Pomanda's financial health check has awarded Marine Buildings Limited a 4 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 £147.4k, make it smaller than the average company (£3.6m)
- Marine Buildings Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -48%, show it is growing at a slower rate (8.4%)
- Marine Buildings Limited
8.4% - Industry AVG
Production
with a gross margin of 36.6%, this company has a comparable cost of product (36.6%)
- Marine Buildings Limited
36.6% - Industry AVG
Profitability
an operating margin of 80.3% make it more profitable than the average company (12.2%)
- Marine Buildings Limited
12.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
- Marine Buildings Limited
11 - Industry AVG
Pay Structure
on an average salary of £43.4k, the company has an equivalent pay structure (£43.4k)
- Marine Buildings Limited
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £147.4k, this is less efficient (£228.6k)
- Marine Buildings Limited
£228.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (34 days)
- Marine Buildings Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 231 days, this is slower than average (35 days)
- Marine Buildings Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Marine Buildings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (15 weeks)
7 weeks - Marine Buildings Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.9%, this is a lower level of debt than the average (68.6%)
42.9% - Marine Buildings Limited
68.6% - Industry AVG
MARINE BUILDINGS LIMITED financials
Marine Buildings Limited's latest turnover from April 2024 is estimated at £147.4 thousand and the company has net assets of £1.4 million. According to their latest financial statements, we estimate that Marine Buildings Limited has 1 employee and maintains cash reserves of £59 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 448 | 1,279 | 1,505 | 912,886 | 923,600 | 774,987 | 893,617 | 904,280 | 750,070 | 385,733 | 341,058 | |||
| Intangible Assets | ||||||||||||||
| Investments & Other | 2,467,500 | 2,467,500 | 2,350,000 | 2,350,000 | 2,350,000 | 1,224,639 | ||||||||
| Debtors (Due After 1 year) | 14,599 | |||||||||||||
| Total Fixed Assets | 2,467,948 | 2,467,500 | 2,350,000 | 2,350,000 | 2,351,279 | 1,226,144 | 912,886 | 923,600 | 774,987 | 893,617 | 904,280 | 750,070 | 385,733 | 355,657 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 1 | 283,110 | 237,750 | 192,390 | 147,030 | 133,643 | 123,643 | 113,121 | 102,875 | 46,160 | 38,537 | 22,666 | 9 | |
| Group Debtors | ||||||||||||||
| Misc Debtors | 7,035 | 1,669 | 1,078 | 1,049 | 1,016 | 22,024 | 3,615 | |||||||
| Cash | 59,005 | 75,416 | 95,796 | 55,053 | 17,913 | 3,568 | 410,185 | 3,793 | 111,126 | 25,584 | 1,258 | 18,388 | 224 | 36,815 |
| misc current assets | 1,483 | 24,224 | ||||||||||||
| total current assets | 66,041 | 360,195 | 334,624 | 248,492 | 165,959 | 159,235 | 538,926 | 141,138 | 214,001 | 71,744 | 39,795 | 41,054 | 233 | 36,815 |
| total assets | 2,533,989 | 2,827,695 | 2,684,624 | 2,598,492 | 2,517,238 | 1,385,379 | 1,451,812 | 1,064,738 | 988,988 | 965,361 | 944,075 | 791,124 | 385,966 | 392,472 |
| Bank overdraft | 22,568 | 28,102 | 36,382 | 23,840 | 35,741 | |||||||||
| Bank loan | 45,098 | 33,026 | ||||||||||||
| Trade Creditors | 59,191 | 19,727 | 19,847 | 20,447 | 20,091 | 29,522 | 66,349 | 19,864 | 490,734 | 538,791 | 553,560 | 398,978 | 259,515 | 280,038 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 294,673 | 623,216 | 658,262 | 646,949 | 638,023 | 383,302 | 448,132 | 459,260 | ||||||
| total current liabilities | 398,962 | 675,969 | 700,677 | 695,498 | 694,496 | 436,664 | 550,222 | 479,124 | 490,734 | 538,791 | 553,560 | 398,978 | 259,515 | 280,038 |
| loans | 536,099 | 593,268 | 636,753 | 653,788 | 673,610 | 605,998 | 617,938 | 268,479 | ||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | 1,100 | 1,075 | 1,045 | 1,916 | 1,890 | 61,812 | ||||||||
| other liabilities | 283,016 | 293,313 | 303,943 | 302,087 | 125,000 | 125,000 | ||||||||
| provisions | 151,238 | 151,238 | ||||||||||||
| total long term liabilities | 687,337 | 744,506 | 637,853 | 654,863 | 674,655 | 607,914 | 619,828 | 330,291 | 283,016 | 293,313 | 303,943 | 302,087 | 125,000 | 125,000 |
| total liabilities | 1,086,299 | 1,420,475 | 1,338,530 | 1,350,361 | 1,369,151 | 1,044,578 | 1,170,050 | 809,415 | 773,750 | 832,104 | 857,503 | 701,065 | 384,515 | 405,038 |
| net assets | 1,447,690 | 1,407,220 | 1,346,094 | 1,248,131 | 1,148,087 | 340,801 | 281,762 | 255,323 | 215,238 | 133,257 | 86,572 | 90,059 | 1,451 | -12,566 |
| total shareholders funds | 1,447,690 | 1,407,220 | 1,346,094 | 1,248,131 | 1,148,087 | 340,801 | 281,762 | 255,323 | 215,238 | 133,257 | 86,572 | 90,059 | 1,451 | -12,566 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 40 | 226 | 266 | 478 | 11,387 | 20,079 | 20,214 | 4,194 | 4,440 | 4,764 | 2,919 | |||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | -277,743 | 45,951 | 45,389 | 45,393 | -7,621 | 28,409 | 14,137 | 10,246 | 56,715 | 7,623 | 15,871 | 22,657 | -14,590 | 14,599 |
| Creditors | 39,464 | -120 | -600 | 356 | -9,431 | -36,827 | 46,485 | -470,870 | -48,057 | -14,769 | 154,582 | 139,463 | -20,523 | 280,038 |
| Accruals and Deferred Income | -328,543 | -36,146 | 11,338 | 8,956 | 253,850 | -64,804 | -71,050 | 521,072 | ||||||
| Deferred Taxes & Provisions | 151,238 | |||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 117,500 | 1,125,361 | 1,224,639 | |||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 12,072 | 33,026 | ||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -57,169 | -43,485 | -17,035 | -19,822 | 67,612 | -11,940 | 349,459 | 268,479 | ||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -283,016 | -10,297 | -10,630 | 1,856 | 177,087 | 125,000 | ||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -16,411 | -20,380 | 40,743 | 37,140 | 14,345 | -406,617 | 406,392 | -107,333 | 85,542 | 24,326 | -17,130 | 18,164 | -36,591 | 36,815 |
| overdraft | -22,568 | -5,534 | -8,280 | 12,542 | -11,901 | 35,741 | ||||||||
| change in cash | -16,411 | 2,188 | 46,277 | 45,420 | 1,803 | -394,716 | 370,651 | -107,333 | 85,542 | 24,326 | -17,130 | 18,164 | -36,591 | 36,815 |
marine buildings limited Credit Report and Business Information
Marine Buildings Limited Competitor Analysis
Perform a competitor analysis for marine buildings limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NE28 area or any other competitors across 12 key performance metrics.
marine buildings limited Ownership
MARINE BUILDINGS LIMITED group structure
Marine Buildings Limited has no subsidiary companies.
Ultimate parent company
1 parent
MARINE BUILDINGS LIMITED
07188583
marine buildings limited directors
Marine Buildings Limited currently has 2 directors. The longest serving directors include Mr Austin Barnes (Mar 2010) and Mr John Barnes (Mar 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Austin Barnes | United Kingdom | 54 years | Mar 2010 | - | Director |
| Mr John Barnes | England | 76 years | Mar 2010 | - | Director |
P&L
April 2024turnover
147.4k
-90%
operating profit
118.4k
0%
gross margin
36.7%
+0.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
1.4m
+0.03%
total assets
2.5m
-0.1%
cash
59k
-0.22%
net assets
Total assets minus all liabilities
marine buildings limited company details
company number
07188583
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
41201 - Construction of commercial buildings
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
March 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
TORGERSENS LIMITED
auditor
-
address
marine house norman terrace, willington quay, wallsend, tyne and wear, NE28 6SU
Bank
-
Legal Advisor
-
marine buildings 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 3 charges/mortgages relating to marine buildings limited. Currently there are 3 open charges and 0 have been satisfied in the past.
marine buildings 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 MARINE BUILDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
marine buildings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
