cruise & maritime voyages limited Company Information
Company Number
07665897
Website
www.cruiseandmaritime.comRegistered Address
c/o duff & phelps the shard, 32 london bridge street, london, SE1 9SG
Industry
Travel agency activities
Telephone
08444146140
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
cmv holdings london ltd 100%
cruise & maritime voyages limited Estimated Valuation
Pomanda estimates the enterprise value of CRUISE & MARITIME VOYAGES LIMITED at £73.4m based on a Turnover of £122.9m and 0.6x industry multiple (adjusted for size and gross margin).
cruise & maritime voyages limited Estimated Valuation
Pomanda estimates the enterprise value of CRUISE & MARITIME VOYAGES LIMITED at £9.2m based on an EBITDA of £2.8m and a 3.3x industry multiple (adjusted for size and gross margin).
cruise & maritime voyages limited Estimated Valuation
Pomanda estimates the enterprise value of CRUISE & MARITIME VOYAGES LIMITED at £112.1k based on Net Assets of £83.1k and 1.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cruise & Maritime Voyages Limited Overview
Cruise & Maritime Voyages Limited is a dissolved company that was located in london, SE1 9SG with a Companies House number of 07665897. It operated in the travel agency activities sector, SIC Code 79110. Founded in June 2011, it's largest shareholder was cmv holdings london ltd with a 100% stake. The last turnover for Cruise & Maritime Voyages Limited was estimated at £122.9m.
Upgrade for unlimited company reports & a free credit check
Cruise & Maritime Voyages Limited Health Check
Pomanda's financial health check has awarded Cruise & Maritime Voyages Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £122.9m, make it larger than the average company (£9.8m)
£122.9m - Cruise & Maritime Voyages Limited
£9.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (3.2%)
19% - Cruise & Maritime Voyages Limited
3.2% - Industry AVG
Production
with a gross margin of 7.3%, this company has a higher cost of product (22.1%)
7.3% - Cruise & Maritime Voyages Limited
22.1% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (2.8%)
1.5% - Cruise & Maritime Voyages Limited
2.8% - Industry AVG
Employees
with 140 employees, this is above the industry average (46)
140 - Cruise & Maritime Voyages Limited
46 - Industry AVG
Pay Structure
on an average salary of £20.3k, the company has a lower pay structure (£32.7k)
£20.3k - Cruise & Maritime Voyages Limited
£32.7k - Industry AVG
Efficiency
resulting in sales per employee of £877.8k, this is more efficient (£250.6k)
£877.8k - Cruise & Maritime Voyages Limited
£250.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (27 days)
0 days - Cruise & Maritime Voyages Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (35 days)
24 days - Cruise & Maritime Voyages Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cruise & Maritime Voyages Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (25 weeks)
0 weeks - Cruise & Maritime Voyages Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (73.3%)
99.8% - Cruise & Maritime Voyages Limited
73.3% - Industry AVG
CRUISE & MARITIME VOYAGES LIMITED financials
Cruise & Maritime Voyages Limited's latest turnover from December 2018 is £122.9 million and the company has net assets of £83.1 thousand. According to their latest financial statements, Cruise & Maritime Voyages Limited has 140 employees and maintains cash reserves of £746.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|
Turnover | 122,885,462 | 100,169,386 | 72,619,226 | 72,965,784 | 48,716,600 | 48,914,737 | 32,570,768 | 30,268,788 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 113,943,079 | 94,691,661 | 64,443,637 | 67,450,205 | 45,124,669 | 45,509,903 | 30,011,180 | 28,203,097 |
Gross Profit | 8,942,383 | 5,477,725 | 8,175,589 | 5,515,579 | 3,591,931 | 3,404,834 | 2,559,588 | 2,065,691 |
Admin Expenses | 7,137,741 | 5,129,467 | 5,706,099 | 4,381,629 | 3,255,653 | 3,252,587 | 2,278,318 | 8,438,595 |
Operating Profit | 1,804,642 | 348,258 | 2,469,490 | 1,133,950 | 336,278 | 152,247 | 281,270 | -6,372,904 |
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 18,939 | 11,475 |
Interest Receivable | 472 | 165 | 159 | 126 | 84 | 98 | 33 | 98 |
Pre-Tax Profit | 1,805,114 | 348,423 | 2,469,649 | 1,134,076 | 336,362 | 152,345 | 262,364 | -6,384,281 |
Tax | -40,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit After Tax | 1,764,115 | 348,423 | 2,469,649 | 1,134,076 | 336,362 | 152,345 | 262,364 | -6,384,281 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 1,764,115 | 348,423 | 2,469,649 | 1,134,076 | 336,362 | 152,345 | 262,364 | -6,384,281 |
Employee Costs | 2,839,137 | 2,523,229 | 2,142,197 | 1,975,693 | 1,504,959 | 1,522,323 | 968,110 | 988,444 |
Number Of Employees | 140 | 101 | 101 | 87 | 82 | 54 | 52 | 48 |
EBITDA* | 2,794,395 | 1,245,591 | 3,382,265 | 1,339,204 | 435,514 | 223,944 | 324,426 | -6,348,137 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 727,188 | 561,178 | 261,983 | 185,602 | 210,143 | 216,492 | 180,665 | 201,407 |
Intangible Assets | 5,224,135 | 5,984,840 | 6,745,545 | 907,200 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 4,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 10,451,323 | 6,546,018 | 7,007,528 | 1,092,802 | 210,143 | 216,492 | 180,665 | 201,407 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 864 | 2,557 | 115,681 | 2,273,724 | 52,898 | 281,778 | 66,679 | 248,633 |
Group Debtors | 10,821,799 | 5,120,911 | 3,295,360 | 2,593,449 | 1,224,991 | 491,632 | 821,646 | 0 |
Misc Debtors | 20,911,321 | 19,748,175 | 14,909,260 | 13,969,721 | 13,094,375 | 8,978,600 | 7,453,798 | 5,210,543 |
Cash | 746,236 | 3,484,219 | 347,810 | 194,602 | 96,251 | 105,310 | 8,919 | 93,013 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 32,480,220 | 28,355,862 | 18,668,111 | 19,031,496 | 14,468,515 | 9,857,320 | 8,351,042 | 5,552,189 |
total assets | 42,931,543 | 34,901,880 | 25,675,639 | 20,124,298 | 14,678,658 | 10,073,812 | 8,531,707 | 5,753,596 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 7,565,757 | 4,353,706 | 1,930,927 | 3,054,373 | 3,330,840 | 1,740,370 | 1,292,007 | 995,170 |
Group/Directors Accounts | 9,823,202 | 25,854,123 | 20,136,954 | 17,006,693 | 13,988,460 | 11,875,080 | 10,964,870 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 25,459,530 | 6,375,112 | 5,637,242 | 4,562,365 | 2,992,567 | 2,427,933 | 2,396,746 | 11,142,706 |
total current liabilities | 42,848,489 | 36,582,941 | 27,705,123 | 24,623,431 | 20,311,867 | 16,043,383 | 14,653,623 | 12,137,876 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 42,848,489 | 36,582,941 | 27,705,123 | 24,623,431 | 20,311,867 | 16,043,383 | 14,653,623 | 12,137,876 |
net assets | 83,054 | -1,681,061 | -2,029,484 | -4,499,133 | -5,633,209 | -5,969,571 | -6,121,916 | -6,384,280 |
total shareholders funds | 83,054 | -1,681,061 | -2,029,484 | -4,499,133 | -5,633,209 | -5,969,571 | -6,121,916 | -6,384,280 |
Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | 1,804,642 | 348,258 | 2,469,490 | 1,133,950 | 336,278 | 152,247 | 281,270 | -6,372,904 |
Depreciation | 229,048 | 136,628 | 152,070 | 104,454 | 99,236 | 71,697 | 43,156 | 24,767 |
Amortisation | 760,705 | 760,705 | 760,705 | 100,800 | 0 | 0 | 0 | 0 |
Tax | -40,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 11,362,341 | 6,551,342 | -516,593 | 4,464,630 | 4,620,254 | 1,409,887 | 8,342,123 | 5,459,176 |
Creditors | 3,212,051 | 2,422,779 | -1,123,446 | -276,467 | 1,590,470 | 448,363 | 1,292,007 | 995,170 |
Accruals and Deferred Income | 19,084,418 | 737,870 | 1,074,877 | 1,569,798 | 564,634 | 31,187 | 2,396,746 | 11,142,706 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 13,687,524 | -2,145,102 | 3,850,289 | -1,832,095 | -2,029,636 | -706,393 | -4,328,944 | 330,563 |
Investing Activities | ||||||||
capital expenditure | -226,174 | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | -226,174 | |||||||
Financing Activities | ||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -16,030,921 | 5,717,169 | 3,130,261 | 3,018,233 | 2,113,380 | 910,210 | 10,964,870 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||
interest | 472 | 165 | 159 | 126 | 84 | 98 | -18,906 | -11,377 |
cash flow from financing | -16,030,449 | 5,717,334 | 3,130,420 | 3,018,359 | 2,113,464 | 910,308 | 4,561,684 | -11,376 |
cash and cash equivalents | ||||||||
cash | -2,737,983 | 3,136,409 | 153,208 | 98,351 | -9,059 | 96,391 | 8,919 | 93,013 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -2,737,983 | 3,136,409 | 153,208 | 98,351 | -9,059 | 96,391 | 8,919 | 93,013 |
cruise & maritime voyages limited Credit Report and Business Information
Cruise & Maritime Voyages Limited Competitor Analysis
Perform a competitor analysis for cruise & maritime voyages limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in SE1 area or any other competitors across 12 key performance metrics.
cruise & maritime voyages limited Ownership
CRUISE & MARITIME VOYAGES LIMITED group structure
Cruise & Maritime Voyages Limited has no subsidiary companies.
Ultimate parent company
CMV TRAVEL & LEISURE GROUP LIMITED
IE574928
2 parents
CRUISE & MARITIME VOYAGES LIMITED
07665897
cruise & maritime voyages limited directors
Cruise & Maritime Voyages Limited currently has 3 directors. The longest serving directors include Mr Simon Weeks (Jun 2011) and Mr Christopher Coates (Jul 2011).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Simon Weeks | England | 61 years | Jun 2011 | - | Director |
Mr Christopher Coates | United Kingdom | 66 years | Jul 2011 | - | Director |
Mr Christian Verhounig | England | 47 years | Jul 2011 | - | Director |
P&L
December 2018turnover
122.9m
+23%
operating profit
1.8m
+418%
gross margin
7.3%
+33.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
83.1k
-1.05%
total assets
42.9m
+0.23%
cash
746.2k
-0.79%
net assets
Total assets minus all liabilities
cruise & maritime voyages limited company details
company number
07665897
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
incorporation date
June 2011
age
13
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2018
previous names
N/A
accountant
-
auditor
ELMAN WALL LIMITED
address
c/o duff & phelps the shard, 32 london bridge street, london, SE1 9SG
Bank
-
Legal Advisor
-
cruise & maritime voyages 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 2 charges/mortgages relating to cruise & maritime voyages limited. Currently there are 1 open charges and 1 have been satisfied in the past.
cruise & maritime voyages limited Companies House Filings - See Documents
date | description | view/download |
---|