wave shipping limited

Dissolved 

wave shipping limited Company Information

Share WAVE SHIPPING LIMITED

Company Number

07358065

Shareholders

curatus sa

Group Structure

View All

Industry

Sea and coastal freight water transport

 

Registered Address

peter jarman llp, 1 harbour house, shoreham-by-sea, west sussex, BN43 5HZ

wave shipping limited Estimated Valuation

£35m

Pomanda estimates the enterprise value of WAVE SHIPPING LIMITED at £35m based on a Turnover of £30.3m and 1.16x industry multiple (adjusted for size and gross margin).

wave shipping limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WAVE SHIPPING LIMITED at £0 based on an EBITDA of £-1.6k and a 3.82x industry multiple (adjusted for size and gross margin).

wave shipping limited Estimated Valuation

£1.8k

Pomanda estimates the enterprise value of WAVE SHIPPING LIMITED at £1.8k based on Net Assets of £1.3k and 1.38x industry multiple (adjusted for liquidity).

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Wave Shipping Limited Overview

Wave Shipping Limited is a dissolved company that was located in shoreham-by-sea, BN43 5HZ with a Companies House number of 07358065. It operated in the sea and coastal freight water transport sector, SIC Code 50200. Founded in August 2010, it's largest shareholder was curatus sa with a 100% stake. The last turnover for Wave Shipping Limited was estimated at £30.3m.

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Wave Shipping Limited Health Check

Pomanda's financial health check has awarded Wave Shipping Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £30.3m, make it larger than the average company (£5m)

£30.3m - Wave Shipping Limited

£5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (0.4%)

11% - Wave Shipping Limited

0.4% - Industry AVG

production

Production

with a gross margin of 21.9%, this company has a comparable cost of product (21.9%)

21.9% - Wave Shipping Limited

21.9% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (3.9%)

0% - Wave Shipping Limited

3.9% - Industry AVG

employees

Employees

with 94 employees, this is above the industry average (18)

94 - Wave Shipping Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.4k, the company has an equivalent pay structure (£52.4k)

£52.4k - Wave Shipping Limited

£52.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £322k, this is equally as efficient (£325.3k)

£322k - Wave Shipping Limited

£325.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is near the average (34 days)

32 days - Wave Shipping Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 42 days, this is slower than average (24 days)

42 days - Wave Shipping Limited

24 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wave Shipping Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)

0 weeks - Wave Shipping Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (72.1%)

100% - Wave Shipping Limited

72.1% - Industry AVG

WAVE SHIPPING LIMITED financials

EXPORTms excel logo

Wave Shipping Limited's latest turnover from August 2018 is estimated at £30.3 million and the company has net assets of £1.3 thousand. According to their latest financial statements, we estimate that Wave Shipping Limited has 94 employees and maintains cash reserves of £2.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011
Turnover30,271,2852,780,0493,469,11321,952,5210000
Other Income Or Grants00000000
Cost Of Sales23,641,0212,192,4062,747,91917,284,5530000
Gross Profit6,630,265587,643721,1944,667,9680000
Admin Expenses6,631,865587,666720,0164,666,8950000
Operating Profit-1,600-231,1781,0730000
Interest Payable00000000
Interest Receivable432323230000
Pre-Tax Profit-1,55701,2011,0960000
Tax00-240-2190000
Profit After Tax-1,55709618770000
Dividends Paid00000000
Retained Profit-1,55709618770000
Employee Costs4,924,744517,727570,7093,059,2110000
Number Of Employees941011620000
EBITDA*-1,600-231,1781,0730000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011
Tangible Assets00000000
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets00000000
Stock & work in progress00000000
Trade Debtors2,731,922259,757259,7571,874,9830000
Group Debtors00000000
Misc Debtors7,3655,0005,00000000
Cash2,0609,3679,3679,3670000
misc current assets00000000
total current assets2,741,347274,124274,1241,884,3500000
total assets2,741,347274,124274,1241,884,3500000
Bank overdraft00000000
Bank loan00000000
Trade Creditors 2,735,010257,508257,5081,882,4730000
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities5,05613,77813,77800000
total current liabilities2,740,066271,286271,2861,882,4730000
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities00000000
total liabilities2,740,066271,286271,2861,882,4730000
net assets1,2812,8382,8381,8770000
total shareholders funds1,2812,8382,8381,8770000
Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011
Operating Activities
Operating Profit-1,600-231,1781,0730000
Depreciation00000000
Amortisation00000000
Tax00-240-2190000
Stock00000000
Debtors2,474,5300-1,610,2261,874,9830000
Creditors2,477,5020-1,624,9651,882,4730000
Accruals and Deferred Income-8,722013,77800000
Deferred Taxes & Provisions00000000
Cash flow from operations-7,350-23-238,3440000
Investing Activities
capital expenditure00000000
Change in Investments00000000
cash flow from investments00000000
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue0001,0000000
interest432323230000
cash flow from financing4323231,0230000
cash and cash equivalents
cash-7,307009,3670000
overdraft00000000
change in cash-7,307009,3670000

wave shipping limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Wave Shipping Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wave shipping limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other undefined companies, companies in BN43 area or any other competitors across 12 key performance metrics.

wave shipping limited Ownership

WAVE SHIPPING LIMITED group structure

Wave Shipping Limited has no subsidiary companies.

Ultimate parent company

CURATUS SA

#0101617

1 parent

WAVE SHIPPING LIMITED

07358065

WAVE SHIPPING LIMITED Shareholders

curatus sa 100%

wave shipping limited directors

Wave Shipping Limited currently has 1 director, Ms Ruma Kissoondharry serving since Aug 2010.

officercountryagestartendrole
Ms Ruma KissoondharryMauritius62 years Aug 2010- Director

P&L

August 2018

turnover

30.3m

+989%

operating profit

-1.6k

0%

gross margin

22%

+3.62%

turnover

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

Balance Sheet

August 2018

net assets

1.3k

-0.55%

total assets

2.7m

+9%

cash

2.1k

-0.78%

net assets

Total assets minus all liabilities

wave shipping limited company details

company number

07358065

Type

Private limited with Share Capital

industry

50200 - Sea and coastal freight water transport

incorporation date

August 2010

age

15

incorporated

UK

ultimate parent company

CURATUS SA

accounts

Total Exemption Full

last accounts submitted

August 2018

previous names

N/A

accountant

PETER JARMAN LLP

auditor

-

address

peter jarman llp, 1 harbour house, shoreham-by-sea, west sussex, BN43 5HZ

Bank

-

Legal Advisor

-

wave 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 did not find charges/mortgages relating to wave shipping limited.

wave shipping 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.

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wave shipping limited Companies House Filings - See Documents

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