viking fishing limited
viking fishing limited Company Information
Company Number
08260896
Website
http://marsea.co.ukRegistered Address
c/o andrew marr international li, livingstone road, hessle, east yorkshire, HU13 0EE
Industry
Marine fishing
Telephone
01482642302
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
andrew marr international ltd 100%
viking fishing limited Estimated Valuation
Pomanda estimates the enterprise value of VIKING FISHING LIMITED at £76.1k based on a Turnover of £183.7k and 0.41x industry multiple (adjusted for size and gross margin).
viking fishing limited Estimated Valuation
Pomanda estimates the enterprise value of VIKING FISHING LIMITED at £6.3m based on an EBITDA of £2.8m and a 2.22x industry multiple (adjusted for size and gross margin).
viking fishing limited Estimated Valuation
Pomanda estimates the enterprise value of VIKING FISHING LIMITED at £6.8m based on Net Assets of £3.7m and 1.84x industry multiple (adjusted for liquidity).
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Viking Fishing Limited Overview
Viking Fishing Limited is a live company located in hessle, HU13 0EE with a Companies House number of 08260896. It operates in the marine fishing sector, SIC Code 03110. Founded in October 2012, it's largest shareholder is andrew marr international ltd with a 100% stake. Viking Fishing Limited is a established, micro sized company, Pomanda has estimated its turnover at £183.7k with declining growth in recent years.
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Viking Fishing Limited Health Check
Pomanda's financial health check has awarded Viking Fishing Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
5 Weak
Size
annual sales of £183.7k, make it smaller than the average company (£16.4m)
- Viking Fishing Limited
£16.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -60%, show it is growing at a slower rate (4.8%)
- Viking Fishing Limited
4.8% - Industry AVG
Production
with a gross margin of 21%, this company has a comparable cost of product (21%)
- Viking Fishing Limited
21% - Industry AVG
Profitability
an operating margin of 1537.4% make it more profitable than the average company (6.7%)
- Viking Fishing Limited
6.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
- Viking Fishing Limited
23 - Industry AVG
Pay Structure
on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)
- Viking Fishing Limited
£43.6k - Industry AVG
Efficiency
resulting in sales per employee of £183.7k, this is less efficient (£338.3k)
- Viking Fishing Limited
£338.3k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is near the average (37 days)
- Viking Fishing Limited
37 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Viking Fishing Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Viking Fishing Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (23 weeks)
7 weeks - Viking Fishing Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.2%, this is a similar level of debt than the average (47.9%)
45.2% - Viking Fishing Limited
47.9% - Industry AVG
VIKING FISHING LIMITED financials
Viking Fishing Limited's latest turnover from March 2023 is estimated at £183.7 thousand and the company has net assets of £3.7 million. According to their latest financial statements, we estimate that Viking Fishing Limited has 1 employee and maintains cash reserves of £441.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,401,473 | 2,940,245 | ||||||||
| Other Income Or Grants | 0 | 0 | ||||||||
| Cost Of Sales | 1,947,173 | 3,026,463 | ||||||||
| Gross Profit | 1,454,300 | -86,218 | ||||||||
| Admin Expenses | 5,055 | 4,823 | ||||||||
| Operating Profit | 1,449,245 | -91,041 | ||||||||
| Interest Payable | 0 | 0 | ||||||||
| Interest Receivable | 0 | 0 | ||||||||
| Pre-Tax Profit | 2,203,780 | 702,958 | ||||||||
| Tax | -419,555 | -209,051 | ||||||||
| Profit After Tax | 1,784,225 | 493,907 | ||||||||
| Dividends Paid | 0 | 3,200,000 | ||||||||
| Retained Profit | 1,784,225 | -2,706,093 | ||||||||
| Employee Costs | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* | 1,841,245 | 1,358,959 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 11,534 | 23,566 | 261,808 | 653,808 | 2,043,650 | 3,480,935 | 3,787,167 | 4,645,218 | 2,739,189 | 2,646,986 |
| Investments & Other | 2,493,450 | 1,269,348 | 1,059,489 | 907,445 | 619,636 | 478,260 | 382,332 | 250,060 | 406,729 | 601,277 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,504,984 | 1,292,914 | 1,321,297 | 1,561,253 | 2,663,286 | 3,959,195 | 4,169,499 | 4,895,278 | 3,145,918 | 3,248,263 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 19,020 | 12,320 | 12,320 | 10,545 | 10,295 | 35,340 | 40,670 | 30,850 | 259 | 30,645 |
| Group Debtors | 3,802,767 | 2,977,025 | 2,771,101 | 100,000 | 2,026,457 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,767 | 832,065 | 93,433 | 76,865 | 2 | 46,070 | 9,351 | 171,097 | 0 | 0 |
| Cash | 441,915 | 757,016 | 753,991 | 445,286 | 316,857 | 128,253 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,265,469 | 4,578,426 | 3,630,845 | 632,696 | 2,353,611 | 209,663 | 50,021 | 201,947 | 259 | 30,645 |
| total assets | 6,770,453 | 5,871,340 | 4,952,142 | 2,193,949 | 5,016,897 | 4,168,858 | 4,219,520 | 5,097,225 | 3,146,177 | 3,278,908 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,321,701 |
| Group/Directors Accounts | 2,459,794 | 4,059,222 | 721,331 | 194,992 | 0 | 325,947 | 1,758,042 | 3,550,827 | 2,067,010 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 600,584 | 362,467 | 796,330 | 301,011 | 534,742 | 537,337 | 538,172 | 403,080 | 376,530 | 0 |
| total current liabilities | 3,060,378 | 4,421,689 | 1,517,661 | 496,003 | 534,742 | 863,284 | 2,296,214 | 3,953,907 | 2,443,540 | 3,321,701 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 47,499 | 56,909 | 104,599 | 182,715 | 272,200 | 338,932 | 550,475 | 683,745 | 4,371 |
| total long term liabilities | 0 | 47,499 | 56,909 | 104,599 | 182,715 | 272,200 | 338,932 | 550,475 | 683,745 | 4,371 |
| total liabilities | 3,060,378 | 4,469,188 | 1,574,570 | 600,602 | 717,457 | 1,135,484 | 2,635,146 | 4,504,382 | 3,127,285 | 3,326,072 |
| net assets | 3,710,075 | 1,402,152 | 3,377,572 | 1,593,347 | 4,299,440 | 3,033,374 | 1,584,374 | 592,843 | 18,892 | -47,164 |
| total shareholders funds | 3,710,075 | 1,402,152 | 3,377,572 | 1,593,347 | 4,299,440 | 3,033,374 | 1,584,374 | 592,843 | 18,892 | -47,164 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 1,449,245 | -91,041 | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 12,032 | 0 | 392,000 | 1,450,000 | 1,437,285 | 1,437,285 | 1,211,074 | 1,161,304 | 684,797 | 707,746 |
| Tax | -419,555 | -209,051 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,144 | 944,556 | 2,689,444 | -1,849,344 | 1,955,344 | 31,389 | -151,926 | 201,688 | -30,386 | 30,645 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,321,701 | 3,321,701 |
| Accruals and Deferred Income | 238,117 | -433,863 | 495,319 | -233,731 | -2,595 | -835 | 135,092 | 26,550 | 376,530 | 0 |
| Deferred Taxes & Provisions | -47,499 | -9,410 | -47,690 | -78,116 | -89,485 | -66,732 | -211,543 | -133,270 | 679,374 | 4,371 |
| Cash flow from operations | -820,125 | 2,687,405 | ||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 1,224,102 | 209,859 | 152,044 | 287,809 | 141,376 | 95,928 | 132,272 | -156,669 | -194,548 | 601,277 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,599,428 | 3,337,891 | 526,339 | 194,992 | -325,947 | -1,432,095 | -1,792,785 | 1,483,817 | 2,067,010 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | ||||||||
| cash flow from financing | 526,339 | 194,992 | ||||||||
| cash and cash equivalents | ||||||||||
| cash | -315,101 | 3,025 | 308,705 | 128,429 | 188,604 | 128,253 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -315,101 | 3,025 | 308,705 | 128,429 | 188,604 | 128,253 | 0 | 0 | 0 | 0 |
viking fishing limited Credit Report and Business Information
Viking Fishing Limited Competitor Analysis
Perform a competitor analysis for viking fishing limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
viking fishing limited Ownership
VIKING FISHING LIMITED group structure
Viking Fishing Limited has no subsidiary companies.
Ultimate parent company
1 parent
VIKING FISHING LIMITED
08260896
viking fishing limited directors
Viking Fishing Limited currently has 4 directors. The longest serving directors include Mr Christian Marr (Dec 2012) and Mr Mark Dougal (Dec 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christian Marr | 52 years | Dec 2012 | - | Director | |
| Mr Mark Dougal | Scotland | 54 years | Dec 2012 | - | Director |
| Mr Paul Farrar | 49 years | Aug 2020 | - | Director | |
| Mr David Cardno | United Kingdom | 43 years | Sep 2020 | - | Director |
P&L
March 2023turnover
183.7k
+73%
operating profit
2.8m
0%
gross margin
21.1%
-27.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
3.7m
+1.65%
total assets
6.8m
+0.15%
cash
441.9k
-0.42%
net assets
Total assets minus all liabilities
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viking fishing limited company details
company number
08260896
Type
Private limited with Share Capital
industry
03110 - Marine fishing
incorporation date
October 2012
age
12
accounts
Small Company
ultimate parent company
previous names
marsea 1 limited (November 2012)
incorporated
UK
address
c/o andrew marr international li, livingstone road, hessle, east yorkshire, HU13 0EE
last accounts submitted
March 2023
viking fishing 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 viking fishing limited.
viking fishing limited Companies House Filings - See Documents
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