Pomanda estimates the enterprise value of SHIP MIDCO LIMITED at £171.7m based on a Turnover of £194m and 0.89x industry multiple (adjusted for size and gross margin).
ship midco limitedEstimated Valuation
£1.9b
Pomanda estimates the enterprise value of SHIP MIDCO LIMITED at £1.9b based on an EBITDA of £288m and a 6.48x industry multiple (adjusted for size and gross margin).
ship midco limitedEstimated Valuation
£6.3b
Pomanda estimates the enterprise value of SHIP MIDCO LIMITED at £6.3b based on Net Assets of £2.9b and 2.13x industry multiple (adjusted for liquidity).
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Ship Midco LimitedOverview
Ship Midco Limited is a live company located in london, EC4N 8AF with a Companies House number of 07330127. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2010, it's largest shareholder is
ship holdco limited
with a 100% stake. Ship Midco Limited is a established,
mega sized company, Pomanda has estimated its turnover at
£194m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Ship Midco Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
0 Regular
3 Weak
Size
annual sales of £194m, make it larger than the average company (£4.8m)
£194m - Ship Midco Limited
£4.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Ship Midco Limited
- - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (38.3%)
17% - Ship Midco Limited
38.3% - Industry AVG
Profitability
an operating margin of 148.4% make it more profitable than the average company (5.7%)
148.4% - Ship Midco Limited
5.7% - Industry AVG
Employees
with 473 employees, this is above the industry average (27)
473 - Ship Midco Limited
27 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Ship Midco Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £410.2k, this is more efficient (£171.4k)
£410.2k - Ship Midco Limited
£171.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ship Midco Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (32 days)
4 days - Ship Midco Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ship Midco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (22 weeks)
6 weeks - Ship Midco Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.1%, this is a lower level of debt than the average (62.5%)
0.1% - Ship Midco Limited
62.5% - Industry AVG
SHIP MIDCO LIMITED financials
EXPORT
Ship Midco Limited's latest turnover from December 2023 is £194 million and the company has net assets of £2.9 billion. According to their latest financial statements, we estimate that Ship Midco Limited has 473 employees and maintains cash reserves of £257 thousand 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
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Turnover
194,017,000
167,407,000
164,418,000
Other Income Or Grants
Cost Of Sales
161,063,704
138,656,986
138,586,328
Gross Profit
32,953,296
28,750,014
25,831,672
Admin Expenses
-255,030,545
-189,003,936
-182,334,341
-1,334,399,345
8,153,890
28,327,485
56,520,430
6,528,000
25,833,000
6,176,000
23,786,000
69,526,000
Operating Profit
287,983,841
217,753,950
208,166,013
1,334,399,345
-8,153,890
-28,327,485
-56,520,430
-6,528,000
-25,833,000
-6,176,000
-23,786,000
-69,526,000
Interest Payable
5,336,000
8,036,000
28,781,000
34,022,000
101,590,000
85,485,000
133,088,000
102,154,000
106,666,000
Interest Receivable
21,984,000
11,089,000
4,204,000
5,211,000
675,000
7,000
5,158,000
7,213,000
5,542,000
6,176,000
3,474,000
Pre-Tax Profit
215,998,000
178,495,000
168,615,000
479,182,000
1,080,865,000
-8,152,000
-28,421,000
-36,252,000
183,510,000
-113,199,000
-133,722,000
-114,469,000
-172,718,000
Tax
-2,107,000
95,000
-20,268,000
20,911,000
29,936,000
21,569,000
30,566,000
33,319,000
Profit After Tax
215,998,000
176,388,000
168,615,000
479,182,000
1,080,865,000
-8,152,000
-28,326,000
-56,520,000
204,421,000
-83,263,000
-112,153,000
-83,903,000
-139,399,000
Dividends Paid
194,017,000
167,407,000
164,418,000
473,971,000
314,354,000
4,884,000
Retained Profit
21,981,000
8,981,000
4,197,000
5,211,000
766,511,000
-8,152,000
-28,326,000
-56,520,000
199,537,000
-83,263,000
-112,153,000
-83,903,000
-139,399,000
Employee Costs
6,058,000
9,560,000
6,555,000
2,946,000
Number Of Employees
473
431
462
1
1
1
1
1
1
1
1
1
6
EBITDA*
287,983,841
217,753,950
208,166,013
1,334,399,345
-8,153,890
-28,327,485
-56,520,430
-6,505,000
-25,854,000
-6,181,000
-23,899,000
-69,526,000
* 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
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Tangible Assets
4,000
1,504,468,000
1,442,043,000
1,442,015,000
1,441,993,000
1,442,513,000
Intangible Assets
12,979,000
Investments & Other
2,500,617,000
2,500,617,000
2,500,617,000
2,500,617,000
1,504,441,000
1,504,441,000
1,504,441,000
1,504,441,000
1,504,441,000
1,441,993,000
1,441,993,000
1,441,993,000
1,441,993,000
Debtors (Due After 1 year)
Total Fixed Assets
2,500,617,000
2,500,617,000
2,500,617,000
2,500,617,000
1,504,441,000
1,504,441,000
1,504,441,000
1,504,445,000
1,504,468,000
1,442,043,000
1,442,015,000
1,441,993,000
1,455,492,000
Stock & work in progress
Trade Debtors
Group Debtors
435,347,000
413,367,000
402,278,000
398,074,000
392,876,000
29,839,000
6,167,000
3,543,000
260,953,000
153,155,000
112,352,000
232,477,000
96,328,000
Misc Debtors
242,000
207,000
22,006,000
1,765,000
9,326,000
2,380,000
4,927,000
Cash
257,000
257,000
258,000
265,000
252,000
252,000
252,000
342,000
2,000
64,000
123,000
1,444,000
5,319,000
misc current assets
23,719,000
21,621,000
29,252,000
35,200,000
total current assets
435,604,000
413,624,000
402,536,000
398,339,000
393,128,000
30,091,000
6,661,000
4,092,000
282,961,000
178,703,000
143,422,000
265,553,000
141,774,000
total assets
2,936,221,000
2,914,241,000
2,903,153,000
2,898,956,000
1,897,569,000
1,534,532,000
1,511,102,000
1,508,537,000
1,787,429,000
1,620,746,000
1,585,437,000
1,707,546,000
1,597,266,000
Bank overdraft
11,250,000
Bank loan
Trade Creditors
2,106,000
2,107,000
49,000
20,000
1,000
1,872,000
277,000
2,669,000
1,944,000
Group/Directors Accounts
403,351,000
1,205,278,000
1,173,307,000
other short term finances
52,211,000
46,936,000
30,042,000
hp & lease commitments
other current liabilities
123,000
2,000
1,111,000
1,396,809,000
650,945,000
547,157,000
403,702,000
291,979,000
total current liabilities
2,106,000
2,107,000
403,474,000
1,205,329,000
1,174,438,000
1,396,810,000
705,028,000
594,370,000
436,413,000
305,173,000
loans
1,771,244,000
1,755,416,000
1,703,242,000
1,577,356,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
885,622,000
877,708,000
851,621,000
788,678,000
total liabilities
2,106,000
2,107,000
403,474,000
1,205,329,000
1,174,438,000
1,396,810,000
1,590,650,000
1,472,078,000
1,288,034,000
1,093,851,000
net assets
2,934,115,000
2,912,134,000
2,903,153,000
2,898,956,000
1,897,569,000
1,131,058,000
305,773,000
334,099,000
390,619,000
30,096,000
113,359,000
419,512,000
503,415,000
total shareholders funds
2,934,115,000
2,912,134,000
2,903,153,000
2,898,956,000
1,897,569,000
1,131,058,000
305,773,000
334,099,000
390,619,000
30,096,000
113,359,000
419,512,000
503,415,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Operating Activities
Operating Profit
287,983,841
217,753,950
208,166,013
1,334,399,345
-8,153,890
-28,327,485
-56,520,430
-6,528,000
-25,833,000
-6,176,000
-23,786,000
-69,526,000
Depreciation
23,000
-21,000
-5,000
Amortisation
-113,000
Tax
-2,107,000
95,000
-20,268,000
20,911,000
29,936,000
21,569,000
30,566,000
33,319,000
Stock
Debtors
21,980,000
11,089,000
4,204,000
5,198,000
363,037,000
23,430,000
2,659,000
-279,209,000
128,039,000
33,242,000
-113,179,000
133,602,000
101,255,000
Creditors
-1,000
2,107,000
-49,000
29,000
19,000
-1,871,000
1,595,000
-2,392,000
725,000
1,944,000
Accruals and Deferred Income
-123,000
121,000
-1,109,000
-1,395,698,000
745,864,000
103,788,000
143,455,000
111,723,000
291,979,000
Deferred Taxes & Provisions
Cash flow from operations
266,002,841
206,664,950
203,962,013
-5,198,000
971,239,345
-31,511,890
-31,971,485
-1,193,258,430
630,360,000
76,223,000
269,630,000
-14,487,000
156,461,000
Investing Activities
capital expenditure
4,000
1,504,464,000
-62,448,000
-7,000
-17,000
13,612,000
-1,455,492,000
Change in Investments
996,176,000
62,448,000
1,441,993,000
cash flow from investments
-996,176,000
4,000
1,504,464,000
-124,896,000
-7,000
-17,000
13,612,000
-2,897,485,000
Financing Activities
Bank loans
Group/Directors Accounts
-403,351,000
-801,927,000
31,971,000
1,173,307,000
Other Short Term Loans
-52,211,000
5,275,000
16,894,000
30,042,000
Long term loans
-1,771,244,000
15,828,000
52,174,000
125,886,000
1,577,356,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
996,176,000
833,437,000
160,986,000
-194,000,000
642,814,000
interest
21,984,000
11,089,000
4,204,000
5,211,000
-4,661,000
-8,029,000
-28,781,000
-34,022,000
-96,432,000
-78,272,000
-127,546,000
-95,978,000
-103,192,000
cash flow from financing
21,984,000
11,089,000
4,204,000
1,001,387,000
-408,012,000
23,481,000
3,190,000
1,139,285,000
-1,758,901,000
-57,169,000
-252,478,000
59,950,000
2,116,978,000
cash and cash equivalents
cash
-1,000
-7,000
13,000
-90,000
340,000
-62,000
-59,000
-1,321,000
-3,875,000
5,319,000
overdraft
-11,250,000
11,250,000
change in cash
-1,000
-7,000
13,000
-90,000
340,000
-62,000
-59,000
-1,321,000
7,375,000
-5,931,000
ship midco limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ship midco limited. Get real-time insights into ship midco limited's credit score, group structure and payment trends.
Perform a competitor analysis for ship midco limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in EC4N area or any other competitors across 12 key performance metrics.
82990 - Other business support service activities n.e.c.
incorporation date
July 2010
age
15
incorporated
UK
ultimate parent company
FIDELITY NATIONAL INFORMATION SERVICES.
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
c/o worldpay company secretary, the walbrook building, london, london, EC4N 8AF
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
ship midco 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 ship midco limited. Currently there are 1 open charges and 2 have been satisfied in the past.
ship midco 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 SHIP MIDCO LIMITED. This can take several minutes, an email will notify you when this has completed.
ship midco limitedCompanies House Filings - See Documents
