humber fishing limited
humber fishing limited Company Information
Company Number
08261031
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%
humber fishing limited Estimated Valuation
Pomanda estimates the enterprise value of HUMBER FISHING LIMITED at £14.5k based on a Turnover of £24.1k and 0.6x industry multiple (adjusted for size and gross margin).
humber fishing limited Estimated Valuation
Pomanda estimates the enterprise value of HUMBER FISHING LIMITED at £11.9m based on an EBITDA of £3.5m and a 3.37x industry multiple (adjusted for size and gross margin).
humber fishing limited Estimated Valuation
Pomanda estimates the enterprise value of HUMBER FISHING LIMITED at £11.4m based on Net Assets of £5.8m and 1.97x industry multiple (adjusted for liquidity).
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Humber Fishing Limited Overview
Humber Fishing Limited is a live company located in hessle, HU13 0EE with a Companies House number of 08261031. 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. Humber Fishing Limited is a established, micro sized company, Pomanda has estimated its turnover at £24.1k with declining growth in recent years.
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Humber Fishing Limited Health Check
Pomanda's financial health check has awarded Humber Fishing Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £24.1k, make it smaller than the average company (£14.5m)
- Humber Fishing Limited
£14.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -80%, show it is growing at a slower rate (4.8%)
- Humber Fishing Limited
4.8% - Industry AVG
Production
with a gross margin of 22.1%, this company has a comparable cost of product (22.1%)
- Humber Fishing Limited
22.1% - Industry AVG
Profitability
an operating margin of 13233.9% make it more profitable than the average company (6.7%)
- Humber Fishing Limited
6.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (22)
- Humber Fishing Limited
22 - Industry AVG
Pay Structure
on an average salary of £42.9k, the company has an equivalent pay structure (£42.9k)
- Humber Fishing Limited
£42.9k - Industry AVG
Efficiency
resulting in sales per employee of £24.1k, this is less efficient (£288.7k)
- Humber Fishing Limited
£288.7k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is near the average (37 days)
- Humber Fishing Limited
37 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Humber Fishing Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Humber Fishing Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (19 weeks)
3 weeks - Humber Fishing Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.7%, this is a lower level of debt than the average (48.5%)
39.7% - Humber Fishing Limited
48.5% - Industry AVG
HUMBER FISHING LIMITED financials
Humber Fishing Limited's latest turnover from March 2023 is estimated at £24.1 thousand and the company has net assets of £5.8 million. According to their latest financial statements, we estimate that Humber Fishing Limited has 1 employee and maintains cash reserves of £227.1 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 | 1,825,661 | 2,981,096 | ||||||||
| Other Income Or Grants | 0 | 0 | ||||||||
| Cost Of Sales | 583,871 | 1,697,004 | ||||||||
| Gross Profit | 1,241,790 | 1,284,092 | ||||||||
| Admin Expenses | 4,921 | 4,825 | ||||||||
| Operating Profit | 1,236,869 | 1,279,267 | ||||||||
| Interest Payable | 0 | 0 | ||||||||
| Interest Receivable | 0 | 0 | ||||||||
| Pre-Tax Profit | 1,991,404 | 2,073,267 | ||||||||
| Tax | -379,695 | -423,244 | ||||||||
| Profit After Tax | 1,611,709 | 1,650,023 | ||||||||
| Dividends Paid | 3,000,000 | 6,300,000 | ||||||||
| Retained Profit | -1,388,291 | -4,649,977 | ||||||||
| Employee Costs | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* | 1,291,469 | 2,106,767 |
* 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 | 864,505 | 1,109,324 | 111,584 | 166,184 | 981,184 | 1,545,568 | 2,318,352 | 3,091,136 | 3,838,920 | 4,798,650 |
| Investments & Other | 3,298,453 | 2,074,350 | 1,059,492 | 907,446 | 619,637 | 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 | 4,162,958 | 3,183,674 | 1,171,076 | 1,073,630 | 1,600,821 | 2,023,828 | 2,700,684 | 3,341,196 | 4,245,649 | 5,399,927 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,500 | 805,000 | 0 | 55,110 | 8,385 | 17,390 | 11,430 | 0 | 0 | 755,165 |
| Group Debtors | 5,051,727 | 1,397,932 | 1,893,264 | 4,268,382 | 8,005,038 | 7,981,160 | 5,061,250 | 3,987,511 | 0 | 0 |
| Misc Debtors | 187,606 | 158,597 | 115,131 | 110,111 | 2,807 | 0 | 4,961 | 149,605 | 178,561 | 0 |
| Cash | 227,108 | 2,066,773 | 1,867,335 | 1,784,898 | 1,550,213 | 560,544 | 72,078 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,468,941 | 4,428,302 | 3,875,730 | 6,218,501 | 9,566,443 | 8,559,094 | 5,149,719 | 4,137,116 | 178,561 | 755,165 |
| total assets | 9,631,899 | 7,611,976 | 5,046,806 | 7,292,131 | 11,167,264 | 10,582,922 | 7,850,403 | 7,478,312 | 4,424,210 | 6,155,092 |
| 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 | 5,282,437 |
| Group/Directors Accounts | 3,096,790 | 3,897,130 | 2,754,041 | 3,953,133 | 3,056,966 | 3,230,002 | 2,113,302 | 3,032,233 | 1,730,592 | 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 | 731,092 | 538,295 | 964,500 | 622,442 | 743,765 | 632,068 | 599,456 | 633,489 | 552,775 | 0 |
| total current liabilities | 3,827,882 | 4,435,425 | 3,718,541 | 4,575,575 | 3,800,731 | 3,862,070 | 2,712,758 | 3,665,722 | 2,283,367 | 5,282,437 |
| 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 | 0 | 0 | 0 | 0 | 94,256 | 210,328 | 526,102 | 651,676 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 94,256 | 210,328 | 526,102 | 651,676 | 0 |
| total liabilities | 3,827,882 | 4,435,425 | 3,718,541 | 4,575,575 | 3,800,731 | 3,956,326 | 2,923,086 | 4,191,824 | 2,935,043 | 5,282,437 |
| net assets | 5,804,017 | 3,176,551 | 1,328,265 | 2,716,556 | 7,366,533 | 6,626,596 | 4,927,317 | 3,286,488 | 1,489,167 | 872,655 |
| total shareholders funds | 5,804,017 | 3,176,551 | 1,328,265 | 2,716,556 | 7,366,533 | 6,626,596 | 4,927,317 | 3,286,488 | 1,489,167 | 872,655 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 1,236,869 | 1,279,267 | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 341,319 | 54,600 | 827,500 | 824,884 | 772,784 | 772,784 | 772,784 | 959,730 | 1,450,663 | |
| Tax | -379,695 | -423,244 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,880,304 | 353,134 | -2,425,208 | -3,582,627 | 17,680 | 2,920,909 | 940,525 | 3,958,555 | -576,604 | 755,165 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,282,437 | 5,282,437 |
| Accruals and Deferred Income | 192,797 | -426,205 | 342,058 | -121,323 | 111,697 | 32,612 | -34,033 | 80,714 | 552,775 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -94,256 | -116,072 | -315,774 | -125,574 | 651,676 | 0 |
| Cash flow from operations | 3,679,040 | 5,144,827 | ||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 1,224,103 | 1,014,858 | 152,046 | 287,809 | 141,377 | 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 | -800,340 | 1,143,089 | -1,199,092 | 896,167 | -173,036 | 1,116,700 | -918,931 | 1,301,641 | 1,730,592 | 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 | -1,199,092 | 896,167 | ||||||||
| cash and cash equivalents | ||||||||||
| cash | -1,839,665 | 199,438 | 82,437 | 234,685 | 989,669 | 488,466 | 72,078 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,839,665 | 199,438 | 82,437 | 234,685 | 989,669 | 488,466 | 72,078 | 0 | 0 | 0 |
humber fishing limited Credit Report and Business Information
Humber Fishing Limited Competitor Analysis
Perform a competitor analysis for humber fishing limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other micro companies, companies in HU13 area or any other competitors across 12 key performance metrics.
humber fishing limited Ownership
HUMBER FISHING LIMITED group structure
Humber Fishing Limited has 1 subsidiary company.
Ultimate parent company
1 parent
HUMBER FISHING LIMITED
08261031
1 subsidiary
humber fishing limited directors
Humber Fishing Limited currently has 4 directors. The longest serving directors include Mr Mark Dougal (Dec 2012) and Mr Christian Marr (Dec 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Dougal | Scotland | 54 years | Dec 2012 | - | Director |
| Mr Christian Marr | 52 years | Dec 2012 | - | Director | |
| Mr Paul Farrar | Scotland | 49 years | Aug 2020 | - | Director |
| Mr David Cardno | Scotland | 43 years | Sep 2020 | - | Director |
P&L
March 2023turnover
24.1k
-100%
operating profit
3.2m
0%
gross margin
22.1%
-23.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5.8m
+0.83%
total assets
9.6m
+0.27%
cash
227.1k
-0.89%
net assets
Total assets minus all liabilities
Similar Companies
humber fishing limited company details
company number
08261031
Type
Private limited with Share Capital
industry
03110 - Marine fishing
incorporation date
October 2012
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
marsea 3 limited (November 2012)
accountant
JOHNSTON CARMICHAEL LLP
auditor
-
address
c/o andrew marr international li, livingstone road, hessle, east yorkshire, HU13 0EE
Bank
-
Legal Advisor
-
humber 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 humber fishing limited.
humber fishing limited Companies House Filings - See Documents
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