the sustainable shipping initiative limited
the sustainable shipping initiative limited Company Information
Company Number
08652606
Website
http://ssi2040.orgRegistered Address
11a park street, camberley, GU15 3PQ
Industry
Sea and coastal freight water transport
Telephone
02073243626
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
-0%
the sustainable shipping initiative limited Estimated Valuation
Pomanda estimates the enterprise value of THE SUSTAINABLE SHIPPING INITIATIVE LIMITED at £236.7k based on a Turnover of £309.3k and 0.77x industry multiple (adjusted for size and gross margin).
the sustainable shipping initiative limited Estimated Valuation
Pomanda estimates the enterprise value of THE SUSTAINABLE SHIPPING INITIATIVE LIMITED at £66.2k based on an EBITDA of £19.7k and a 3.36x industry multiple (adjusted for size and gross margin).
the sustainable shipping initiative limited Estimated Valuation
Pomanda estimates the enterprise value of THE SUSTAINABLE SHIPPING INITIATIVE LIMITED at £382.2k based on Net Assets of £242.6k and 1.58x industry multiple (adjusted for liquidity).
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The Sustainable Shipping Initiative Limited Overview
The Sustainable Shipping Initiative Limited is a live company located in camberley, GU15 3PQ with a Companies House number of 08652606. It operates in the sea and coastal freight water transport sector, SIC Code 50200. Founded in August 2013, it's largest shareholder is unknown. The Sustainable Shipping Initiative Limited is a established, micro sized company, Pomanda has estimated its turnover at £309.3k with low growth in recent years.
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The Sustainable Shipping Initiative Limited Health Check
Pomanda's financial health check has awarded The Sustainable Shipping Initiative Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £309.3k, make it smaller than the average company (£7.5m)
£309.3k - The Sustainable Shipping Initiative Limited
£7.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.6%)
2% - The Sustainable Shipping Initiative Limited
6.6% - Industry AVG
Production
with a gross margin of 32.3%, this company has a comparable cost of product (32.3%)
32.3% - The Sustainable Shipping Initiative Limited
32.3% - Industry AVG
Profitability
an operating margin of 6.1% make it less profitable than the average company (9.5%)
6.1% - The Sustainable Shipping Initiative Limited
9.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - The Sustainable Shipping Initiative Limited
12 - Industry AVG
Pay Structure
on an average salary of £63.7k, the company has an equivalent pay structure (£61.3k)
£63.7k - The Sustainable Shipping Initiative Limited
£61.3k - Industry AVG
Efficiency
resulting in sales per employee of £154.7k, this is less efficient (£780.8k)
£154.7k - The Sustainable Shipping Initiative Limited
£780.8k - Industry AVG
Debtor Days
it gets paid by customers after 159 days, this is later than average (28 days)
159 days - The Sustainable Shipping Initiative Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (28 days)
0 days - The Sustainable Shipping Initiative Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Sustainable Shipping Initiative Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 70 weeks, this is more cash available to meet short term requirements (12 weeks)
70 weeks - The Sustainable Shipping Initiative Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.8%, this is a lower level of debt than the average (62.4%)
53.8% - The Sustainable Shipping Initiative Limited
62.4% - Industry AVG
THE SUSTAINABLE SHIPPING INITIATIVE LIMITED financials
The Sustainable Shipping Initiative Limited's latest turnover from December 2022 is £309.3 thousand and the company has net assets of £242.6 thousand. According to their latest financial statements, The Sustainable Shipping Initiative Limited has 2 employees and maintains cash reserves of £381.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 309,306 | 408,912 | 333,423 | 289,157 | 260,851 | 195,349 | 217,035 | 246,644 | 237,946 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 25,160 | 66,227 | 50,996 | -10,507 | 30,386 | 2,231 | 48,099 | -23,026 | 53,072 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 25,160 | 66,227 | 50,996 | -10,507 | 30,386 | 2,231 | 48,099 | -23,026 | 53,072 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 25,160 | 66,227 | 50,996 | -10,507 | 30,386 | 2,231 | 48,099 | -23,026 | 53,072 |
| Employee Costs | 127,409 | 136,052 | 90,453 | 93,662 | 83,507 | 76,269 | 51,239 | 42,340 | 3,275 |
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 830 | 1,580 | 1,391 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 830 | 1,580 | 1,391 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 135,173 | 137,617 | 144,977 | 156,508 | 173,713 | 108,670 | 185,056 | 182,615 | 24,059 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 8,000 | 6,825 | 4,984 | 3,975 | 3,022 | 3,021 | 3,295 | 3,828 | 40,763 |
| Cash | 381,340 | 320,845 | 236,757 | 142,667 | 142,472 | 115,648 | 88,780 | 88,978 | 9,429 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,295 |
| total current assets | 524,513 | 465,287 | 386,718 | 303,150 | 319,207 | 227,339 | 277,131 | 275,421 | 92,546 |
| total assets | 525,343 | 466,867 | 388,109 | 303,150 | 319,207 | 227,339 | 277,131 | 275,421 | 92,546 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 408 | 1,483 | 6,334 | 19 | 7,280 | 10,243 | 4,436 | 64,194 | 19,979 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 282,297 | 247,906 | 230,524 | 202,876 | 201,165 | 136,720 | 194,550 | 181,181 | 19,495 |
| total current liabilities | 282,705 | 249,389 | 236,858 | 202,895 | 208,445 | 146,963 | 198,986 | 245,375 | 39,474 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 282,705 | 249,389 | 236,858 | 202,895 | 208,445 | 146,963 | 198,986 | 245,375 | 39,474 |
| net assets | 242,638 | 217,478 | 151,251 | 100,255 | 110,762 | 80,376 | 78,145 | 30,046 | 53,072 |
| total shareholders funds | 242,638 | 217,478 | 151,251 | 100,255 | 110,762 | 80,376 | 78,145 | 30,046 | 53,072 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 953 | 1,115 | 685 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,269 | -5,519 | -10,522 | -16,252 | 65,044 | -76,660 | 1,908 | 121,621 | 64,822 |
| Creditors | -1,075 | -4,851 | 6,315 | -7,261 | -2,963 | 5,807 | -59,758 | 44,215 | 19,979 |
| Accruals and Deferred Income | 34,391 | 17,382 | 27,648 | 1,711 | 64,445 | -57,830 | 13,369 | 161,686 | 19,495 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash and cash equivalents | |||||||||
| cash | 60,495 | 84,088 | 94,090 | 195 | 26,824 | 26,868 | -198 | 79,549 | 9,429 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 60,495 | 84,088 | 94,090 | 195 | 26,824 | 26,868 | -198 | 79,549 | 9,429 |
the sustainable shipping initiative limited Credit Report and Business Information
The Sustainable Shipping Initiative Limited Competitor Analysis
Perform a competitor analysis for the sustainable shipping initiative limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the sustainable shipping initiative limited Ownership
THE SUSTAINABLE SHIPPING INITIATIVE LIMITED group structure
The Sustainable Shipping Initiative Limited has no subsidiary companies.
Ultimate parent company
THE SUSTAINABLE SHIPPING INITIATIVE LIMITED
08652606
the sustainable shipping initiative limited directors
The Sustainable Shipping Initiative Limited currently has 9 directors. The longest serving directors include Ms Katharine Palmer (Aug 2013) and Mr Simon Bennett (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Katharine Palmer | England | 49 years | Aug 2013 | - | Director |
| Mr Simon Bennett | England | 67 years | Sep 2014 | - | Director |
| Mr Alastair Fischbacher | United Kingdom | 71 years | Oct 2016 | - | Director |
| Mr David Peel | England | 70 years | May 2017 | - | Director |
| Mr John Bang | England | 57 years | Mar 2018 | - | Director |
| Mr Guy Campbell | England | 57 years | Jun 2020 | - | Director |
| Ms Oriana Brine | England | 35 years | Dec 2020 | - | Director |
| Mr Robert Haggquist | England | 44 years | Nov 2023 | - | Director |
| Mr Christopher Fee | England | 40 years | Nov 2023 | - | Director |
P&L
December 2022turnover
309.3k
-24%
operating profit
18.8k
0%
gross margin
32.3%
+19.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
242.6k
+0.12%
total assets
525.3k
+0.13%
cash
381.3k
+0.19%
net assets
Total assets minus all liabilities
the sustainable shipping initiative limited company details
company number
08652606
Type
Private Ltd By Guarantee w/o Share Cap
industry
50200 - Sea and coastal freight water transport
incorporation date
August 2013
age
11
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
11a park street, camberley, GU15 3PQ
last accounts submitted
December 2022
the sustainable shipping initiative 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 the sustainable shipping initiative limited.
the sustainable shipping initiative limited Companies House Filings - See Documents
| date | description | view/download |
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