gulf marine contracting limited
gulf marine contracting limited Company Information
Company Number
08896554
Website
gulfmarine.co.ukRegistered Address
rohans house, 92-96 wellington road south, stockport, cheshire, SK1 3TJ
Industry
Repair and maintenance of ships and boats
Building of ships and floating structures
Telephone
01614750830
Next Accounts Due
108 days late
Group Structure
View All
Shareholders
ebrahim khani 100%
gulf marine contracting limited Estimated Valuation
Pomanda estimates the enterprise value of GULF MARINE CONTRACTING LIMITED at £2m based on a Turnover of £5.5m and 0.36x industry multiple (adjusted for size and gross margin).
gulf marine contracting limited Estimated Valuation
Pomanda estimates the enterprise value of GULF MARINE CONTRACTING LIMITED at £0 based on an EBITDA of £0 and a 3.56x industry multiple (adjusted for size and gross margin).
gulf marine contracting limited Estimated Valuation
Pomanda estimates the enterprise value of GULF MARINE CONTRACTING LIMITED at £31.1k based on Net Assets of £11.4k and 2.74x industry multiple (adjusted for liquidity).
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Gulf Marine Contracting Limited Overview
Gulf Marine Contracting Limited is a live company located in stockport, SK1 3TJ with a Companies House number of 08896554. It operates in the building of ships and floating structures sector, SIC Code 30110. Founded in February 2014, it's largest shareholder is ebrahim khani with a 100% stake. Gulf Marine Contracting Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.5m with declining growth in recent years.
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Gulf Marine Contracting Limited Health Check
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
2 Strong
1 Regular
6 Weak
Size
annual sales of £5.5m, make it smaller than the average company (£8.6m)
- Gulf Marine Contracting Limited
£8.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (0.5%)
- Gulf Marine Contracting Limited
0.5% - Industry AVG
Production
with a gross margin of 13.4%, this company has a higher cost of product (25.5%)
- Gulf Marine Contracting Limited
25.5% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Gulf Marine Contracting Limited
- - Industry AVG
Employees
with 24 employees, this is below the industry average (53)
- Gulf Marine Contracting Limited
53 - Industry AVG
Pay Structure
on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)
- Gulf Marine Contracting Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £230.9k, this is more efficient (£177.8k)
- Gulf Marine Contracting Limited
£177.8k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (47 days)
- Gulf Marine Contracting Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (40 days)
- Gulf Marine Contracting Limited
40 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 (61.9%)
99.3% - Gulf Marine Contracting Limited
61.9% - Industry AVG
GULF MARINE CONTRACTING LIMITED financials
Gulf Marine Contracting Limited's latest turnover from May 2022 is estimated at £5.5 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 24 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 | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | ||||||||
| EBITDA* |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 128,748 | 128,748 | 128,748 | 128,748 | 128,748 | 135,524 | 142,657 | 150,165 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 8,133 | 8,346 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 200,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 200,000 | 200,000 | 200,000 | 200,000 | 0 | 200,000 | 200,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 0 |
| 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 | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 7,508 | 12,176 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -200,000 | 200,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 200,000 | 0 | 0 | 200,000 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -8,133 | -213 | 8,346 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -8,133 | -213 | 8,346 |
gulf marine contracting limited Credit Report and Business Information
Gulf Marine Contracting Limited Competitor Analysis
Perform a competitor analysis for gulf marine contracting limited by selecting its closest rivals and benchmarking them against 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 directors
Gulf Marine Contracting Limited currently has 2 directors. The longest serving directors include Mr Ebrahim Khani (Feb 2014) and Mr Sina Khani (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ebrahim Khani | England | 54 years | Feb 2014 | - | Director |
| Mr Sina Khani | England | 27 years | Jan 2015 | - | Director |
P&L
May 2022turnover
5.5m
-9%
operating profit
0
0%
gross margin
13.5%
+14.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2022net assets
11.4k
0%
total assets
1.5m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
gulf marine contracting limited company details
company number
08896554
Type
Private limited with Share Capital
industry
33150 - Repair and maintenance of ships and boats
30110 - Building of ships and floating structures
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
February 2014
age
10
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
rohans house, 92-96 wellington road south, stockport, cheshire, SK1 3TJ
last accounts submitted
May 2022
gulf marine contracting 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 gulf marine contracting limited.
gulf marine contracting limited Companies House Filings - See Documents
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