oceanfab limited
oceanfab limited Company Information
Company Number
07982942
Website
-Registered Address
devonshire house, 60 goswell road, london, EC1M 7AD
Industry
Renting and leasing of passenger water transport equipment
Telephone
-
Next Accounts Due
August 2024
Group Structure
View All
Directors
Michael Ioannou11 Years
Shareholders
air boss investments ltd 100%
oceanfab limited Estimated Valuation
Pomanda estimates the enterprise value of OCEANFAB LIMITED at £0 based on a Turnover of £0 and 0.88x industry multiple (adjusted for size and gross margin).
oceanfab limited Estimated Valuation
Pomanda estimates the enterprise value of OCEANFAB LIMITED at £0 based on an EBITDA of £-3.8k and a 2.77x industry multiple (adjusted for size and gross margin).
oceanfab limited Estimated Valuation
Pomanda estimates the enterprise value of OCEANFAB LIMITED at £0 based on Net Assets of £-2.4m and 1.53x industry multiple (adjusted for liquidity).
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Oceanfab Limited Overview
Oceanfab Limited is a dissolved company that was located in london, EC1M 7AD with a Companies House number of 07982942. It operated in the renting and leasing of passenger water transport equipment sector, SIC Code 77341. Founded in March 2012, it's largest shareholder was air boss investments ltd with a 100% stake. The last turnover for Oceanfab Limited was estimated at £0.
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Oceanfab Limited Health Check
There is insufficient data available to calculate a health check for Oceanfab Limited. Company Health Check FAQs
0 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Oceanfab Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Oceanfab Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- Oceanfab Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
- - Oceanfab Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3503.3%, this is a higher level of debt than the average (85%)
- - Oceanfab Limited
- - Industry AVG
OCEANFAB LIMITED financials
Oceanfab Limited's latest turnover from December 2018 is estimated at 0 and the company has net assets of -£2.4 million. According to their latest financial statements, we estimate that Oceanfab Limited has no employees and maintains cash reserves of £15.1 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | 1,171,928 | ||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | -501,280 | ||||||
| Interest Payable | 5,957 | ||||||
| Interest Receivable | 0 | ||||||
| Pre-Tax Profit | -507,237 | ||||||
| Tax | -55 | ||||||
| Profit After Tax | -507,292 | ||||||
| Dividends Paid | 0 | ||||||
| Retained Profit | -507,292 | ||||||
| Employee Costs | 249,005 | ||||||
| Number Of Employees | 11 | 11 | 9 | ||||
| EBITDA* | -501,280 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 7,001,307 | 7,085,423 | 6,480,904 | 9,361,082 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 7,001,308 | 7,085,423 | 6,480,905 | 9,361,082 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 364,464 | 343,668 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 55,909 | 217,373 | 267,659 | 338,959 | 0 | 0 | 516,198 |
| Cash | 15,096 | 124,733 | 100,560 | 364,708 | 169,612 | 393,017 | 180,033 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 71,005 | 342,106 | 368,219 | 703,667 | 534,077 | 736,685 | 696,231 |
| total assets | 71,005 | 342,106 | 368,219 | 7,704,975 | 7,619,500 | 7,217,589 | 10,057,313 |
| Bank overdraft | 0 | 0 | 0 | 2,525 | 0 | 0 | 702,306 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 46 | 112 | 8,172 | 7,527 | 595,688 | 7,290,213 | 58,538 |
| Group/Directors Accounts | 0 | 0 | 0 | 127,133 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,487,460 | 2,755,251 | 2,700,609 | 602,292 | 0 | 0 | 0 |
| total current liabilities | 2,487,506 | 2,755,364 | 2,708,782 | 739,477 | 595,688 | 7,290,213 | 760,844 |
| loans | 0 | 0 | 0 | 8,944,105 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 8,392,455 | 737,191 | 9,798,361 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 8,944,105 | 8,392,455 | 737,191 | 9,798,361 |
| total liabilities | 2,487,506 | 2,755,364 | 2,708,782 | 9,683,582 | 8,988,143 | 8,027,404 | 10,559,205 |
| net assets | -2,416,501 | -2,413,257 | -2,340,562 | -1,978,608 | -1,368,643 | -809,815 | -501,892 |
| total shareholders funds | -2,416,501 | -2,413,257 | -2,340,562 | -1,978,608 | -1,368,643 | -809,815 | -501,892 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -501,280 | ||||||
| Depreciation | 0 | 0 | 583 | 555,518 | 520,864 | 443,800 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -55 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -161,464 | -50,286 | -71,300 | -25,505 | 20,796 | -172,530 | 516,198 |
| Creditors | -67 | -8,059 | 645 | -588,161 | -6,694,525 | 7,231,675 | 58,538 |
| Accruals and Deferred Income | -267,791 | 54,642 | 2,098,317 | 602,292 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -958,995 | ||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -127,133 | 127,133 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -8,944,105 | 8,944,105 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -8,392,455 | 7,655,264 | -9,061,170 | 9,798,361 |
| share issue | |||||||
| interest | -5,957 | ||||||
| cash flow from financing | 9,797,804 | ||||||
| cash and cash equivalents | |||||||
| cash | -109,637 | 24,172 | -264,148 | 195,096 | -223,404 | 212,984 | 180,033 |
| overdraft | 0 | 0 | -2,525 | 2,525 | 0 | -702,306 | 702,306 |
| change in cash | -109,637 | 24,172 | -261,623 | 192,571 | -223,404 | 915,290 | -522,273 |
oceanfab limited Credit Report and Business Information
Oceanfab Limited Competitor Analysis
Perform a competitor analysis for oceanfab limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in EC1M area or any other competitors across 12 key performance metrics.
oceanfab limited Ownership
OCEANFAB LIMITED group structure
Oceanfab Limited has no subsidiary companies.
Ultimate parent company
AIR BOSS INVESTMENTS LTD
#0084655
1 parent
OCEANFAB LIMITED
07982942
oceanfab limited directors
Oceanfab Limited currently has 1 director, Mr Michael Ioannou serving since Jan 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Ioannou | Cyprus | 69 years | Jan 2013 | - | Director |
P&L
December 2018turnover
0
0%
operating profit
-3.8k
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
-2.4m
0%
total assets
71k
-0.79%
cash
15.1k
-0.88%
net assets
Total assets minus all liabilities
Similar Companies
oceanfab limited company details
company number
07982942
Type
Private limited with Share Capital
industry
77341 - Renting and leasing of passenger water transport equipment
incorporation date
March 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
devonshire house, 60 goswell road, london, EC1M 7AD
last accounts submitted
December 2018
oceanfab 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 oceanfab limited.
oceanfab limited Companies House Filings - See Documents
| date | description | view/download |
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