Pomanda estimates the enterprise value of GULF MARINE CONTRACTING LIMITED at £1.9m based on a Turnover of £5.4m and 0.34x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of GULF MARINE CONTRACTING LIMITED at £0 based on an EBITDA of £0 and a 3.16x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of GULF MARINE CONTRACTING LIMITED at £24k based on Net Assets of £11.4k and 2.12x industry multiple (adjusted for liquidity).
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Gulf Marine Contracting LimitedOverview
Gulf Marine Contracting Limited is a dissolved company that was located in stockport, SK1 3TJ with a Companies House number of 08896554. It operated in the building of ships and floating structures sector, SIC Code 30110. Founded in February 2014, it's largest shareholder was
ebrahim khani
with a 100% stake. The last turnover for Gulf Marine Contracting Limited was estimated at £5.4m.
Pomanda's financial health check has awarded Gulf Marine Contracting Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
1 Regular
6 Weak
Size
annual sales of £5.4m, make it smaller than the average company (£10.2m)
£5.4m - Gulf Marine Contracting Limited
£10.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (0.5%)
-3% - Gulf Marine Contracting Limited
0.5% - Industry AVG
Production
with a gross margin of 13.3%, this company has a higher cost of product (26%)
13.3% - Gulf Marine Contracting Limited
26% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Gulf Marine Contracting Limited
- - Industry AVG
Employees
with 23 employees, this is below the industry average (43)
23 - Gulf Marine Contracting Limited
43 - Industry AVG
Pay Structure
on an average salary of £47k, the company has an equivalent pay structure (£47k)
£47k - Gulf Marine Contracting Limited
£47k - Industry AVG
Efficiency
resulting in sales per employee of £236.7k, this is more efficient (£186k)
£236.7k - Gulf Marine Contracting Limited
£186k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (48 days)
92 days - Gulf Marine Contracting Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (42 days)
100 days - Gulf Marine Contracting Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gulf Marine Contracting Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gulf Marine Contracting Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (61%)
99.3% - Gulf Marine Contracting Limited
61% - Industry AVG
GULF MARINE CONTRACTING LIMITED financials
EXPORT
Gulf Marine Contracting Limited's latest turnover from May 2022 is estimated at £5.4 million and the company has net assets of £11.4 thousand. According to their latest financial statements, we estimate that Gulf Marine Contracting Limited has 23 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2022
May 2021
May 2020
May 2019
May 2018
Nov 2016
Nov 2015
Nov 2014
Turnover
5,444,861
6,237,636
6,133,634
6,001,759
5,715,613
5,994,038
5,558,332
390,490
Other Income Or Grants
Cost Of Sales
4,723,202
5,486,053
5,319,715
5,152,390
4,848,190
4,964,033
4,621,480
321,159
Gross Profit
721,659
751,583
813,919
849,369
867,424
1,030,005
936,852
69,331
Admin Expenses
721,659
751,583
813,919
842,619
846,910
1,065,413
911,923
37,167
Operating Profit
6,750
20,514
-35,408
24,929
32,164
Interest Payable
6,750
6,500
Interest Receivable
10
41
21
Pre-Tax Profit
14,014
-35,398
24,970
32,185
Tax
-2,663
-4,994
-6,759
Profit After Tax
11,351
-35,398
19,976
25,426
Dividends Paid
Retained Profit
11,351
-35,398
19,976
25,426
Employee Costs
1,080,587
1,249,171
1,112,692
1,134,187
1,208,080
1,130,289
973,616
80,626
Number Of Employees
23
29
25
25
27
28
24
2
EBITDA*
6,750
20,514
-35,408
32,437
44,340
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2022
May 2021
May 2020
May 2019
May 2018
Nov 2016
Nov 2015
Nov 2014
Tangible Assets
128,748
128,748
128,748
128,748
128,748
135,524
142,657
150,165
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
128,748
128,748
128,748
128,748
128,748
135,524
142,657
150,165
Stock & work in progress
Trade Debtors
1,378,364
1,375,763
1,375,564
1,374,038
1,373,870
1,374,233
1,271,864
31,549
Group Debtors
Misc Debtors
Cash
8,133
8,346
misc current assets
total current assets
1,378,364
1,375,763
1,375,564
1,374,038
1,373,870
1,374,233
1,279,997
39,895
total assets
1,507,112
1,504,511
1,504,312
1,502,786
1,502,618
1,509,757
1,422,654
190,060
Bank overdraft
Bank loan
Trade Creditors
1,295,761
1,293,160
1,292,961
1,291,435
1,291,267
1,299,753
1,176,252
163,634
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
1,295,761
1,293,160
1,292,961
1,291,435
1,291,267
1,299,753
1,176,252
163,634
loans
200,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
200,000
200,000
200,000
200,000
200,000
200,000
provisions
total long term liabilities
200,000
200,000
200,000
200,000
200,000
200,000
200,000
total liabilities
1,495,761
1,493,160
1,492,961
1,491,435
1,491,267
1,499,753
1,376,252
163,634
net assets
11,351
11,351
11,351
11,351
11,351
10,004
46,402
26,426
total shareholders funds
11,351
11,351
11,351
11,351
11,351
10,004
46,402
26,426
May 2022
May 2021
May 2020
May 2019
May 2018
Nov 2016
Nov 2015
Nov 2014
Operating Activities
Operating Profit
6,750
20,514
-35,408
24,929
32,164
Depreciation
7,508
12,176
Amortisation
Tax
-2,663
-4,994
-6,759
Stock
Debtors
2,601
199
1,526
168
1,373,870
102,369
1,240,315
31,549
Creditors
2,601
199
1,526
168
1,291,267
123,501
1,012,618
163,634
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
6,750
-64,752
-14,276
-200,254
169,666
Investing Activities
capital expenditure
-128,748
7,133
-162,341
Change in Investments
cash flow from investments
-128,748
7,133
-162,341
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-200,000
200,000
Hire Purchase and Lease Commitments
other long term liabilities
200,000
200,000
share issue
-1,000
1,000
interest
-6,750
-6,500
10
41
21
cash flow from financing
-6,750
193,500
-990
200,041
1,021
cash and cash equivalents
cash
-8,133
-213
8,346
overdraft
change in cash
-8,133
-213
8,346
gulf marine contracting limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for gulf marine contracting limited. Get real-time insights into gulf marine contracting limited's credit score, group structure and payment trends.
Perform a competitor analysis for gulf marine contracting limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in SK1 area or any other competitors across 12 key performance metrics.
gulf marine contracting limited Ownership
GULF MARINE CONTRACTING LIMITED group structure
Gulf Marine Contracting Limited has no subsidiary companies.
Ultimate parent company
GULF MARINE CONTRACTING LIMITED
08896554
GULF MARINE CONTRACTING LIMITED Shareholders
The sole shareholder of Gulf Marine Contracting Limited is Ebrahim Khani.
ebrahim khani
100%
gulf marine contracting limited directors
Gulf Marine Contracting Limited currently has 1 director, Mr Ebrahim Khani serving since Feb 2014.
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
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 gulf marine contracting limited.
gulf marine contracting limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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gulf marine contracting limitedCompanies House Filings - See Documents
