peninsula marine services ltd
peninsula marine services ltd Company Information
Company Number
09470181
Next Accounts
20 days late
Industry
Building of pleasure and sporting boats
Shareholders
christopher groves
Group Structure
View All
Contact
Registered Address
eastern hanger shaw way, mount batten, plymouth, devon, PL9 9XH
peninsula marine services ltd Estimated Valuation
Pomanda estimates the enterprise value of PENINSULA MARINE SERVICES LTD at £421.2k based on a Turnover of £999.4k and 0.42x industry multiple (adjusted for size and gross margin).
peninsula marine services ltd Estimated Valuation
Pomanda estimates the enterprise value of PENINSULA MARINE SERVICES LTD at £239.5k based on an EBITDA of £65.9k and a 3.63x industry multiple (adjusted for size and gross margin).
peninsula marine services ltd Estimated Valuation
Pomanda estimates the enterprise value of PENINSULA MARINE SERVICES LTD at £98.7k based on Net Assets of £42.7k and 2.31x industry multiple (adjusted for liquidity).
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Peninsula Marine Services Ltd Overview
Peninsula Marine Services Ltd is a live company located in plymouth, PL9 9XH with a Companies House number of 09470181. It operates in the building of pleasure and sporting boats sector, SIC Code 30120. Founded in March 2015, it's largest shareholder is christopher groves with a 100% stake. Peninsula Marine Services Ltd is a established, small sized company, Pomanda has estimated its turnover at £999.4k with rapid growth in recent years.
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Peninsula Marine Services Ltd Health Check
Pomanda's financial health check has awarded Peninsula Marine Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
8 Weak
Size
annual sales of £999.4k, make it smaller than the average company (£12.7m)
- Peninsula Marine Services Ltd
£12.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (6.6%)
- Peninsula Marine Services Ltd
6.6% - Industry AVG
Production
with a gross margin of 26.8%, this company has a comparable cost of product (26.8%)
- Peninsula Marine Services Ltd
26.8% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (6.9%)
- Peninsula Marine Services Ltd
6.9% - Industry AVG
Employees
with 15 employees, this is below the industry average (58)
15 - Peninsula Marine Services Ltd
58 - Industry AVG
Pay Structure
on an average salary of £37.5k, the company has an equivalent pay structure (£37.5k)
- Peninsula Marine Services Ltd
£37.5k - Industry AVG
Efficiency
resulting in sales per employee of £66.6k, this is less efficient (£117.1k)
- Peninsula Marine Services Ltd
£117.1k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is near the average (22 days)
- Peninsula Marine Services Ltd
22 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (42 days)
- Peninsula Marine Services Ltd
42 days - Industry AVG
Stock Days
it holds stock equivalent to 52 days, this is more than average (40 days)
- Peninsula Marine Services Ltd
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Peninsula Marine Services Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.3%, this is a higher level of debt than the average (70%)
89.3% - Peninsula Marine Services Ltd
70% - Industry AVG
PENINSULA MARINE SERVICES LTD financials
Peninsula Marine Services Ltd's latest turnover from March 2023 is estimated at £999.4 thousand and the company has net assets of £42.7 thousand. According to their latest financial statements, Peninsula Marine Services Ltd has 15 employees and maintains cash reserves of £1.7 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 15 | 6 | 5 | 5 | 7 | 6 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 80,575 | 58,426 | 36,070 | 17,694 | 20,612 | 24,232 | 39,771 | 36,624 |
| Intangible Assets | 2,650 | 3,525 | 4,400 | 5,500 | 6,600 | 7,700 | 0 | 9,900 |
| Investments & Other | 1,845 | 1,845 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 136,500 | 136,500 | 40,406 | 24,625 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 221,570 | 200,296 | 80,876 | 47,819 | 27,212 | 31,932 | 39,771 | 46,524 |
| Stock & work in progress | 105,352 | 53,737 | 94,358 | 67,685 | 78,185 | 54,243 | 0 | 30,000 |
| Trade Debtors | 65,221 | 65,360 | 0 | 24,764 | 7,695 | 17,097 | 68,538 | 37,578 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,926 | 5,926 | 4,926 | 4,926 | 4,926 | 4,258 | 0 | 0 |
| Cash | 1,655 | 27,206 | 24,020 | 405 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 178,154 | 152,229 | 123,304 | 97,780 | 90,806 | 75,598 | 68,538 | 67,578 |
| total assets | 399,724 | 352,525 | 204,180 | 145,599 | 118,018 | 107,530 | 108,309 | 114,102 |
| Bank overdraft | 17,764 | 0 | 0 | 15,532 | 12,319 | 4,143 | 0 | 0 |
| Bank loan | 0 | 3,417 | 5,993 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 46,726 | 11,363 | 33,424 | 34,573 | 28,648 | 35,191 | 69,426 | 67,519 |
| Group/Directors Accounts | 197,873 | 237,327 | 61,288 | 76,380 | 69,021 | 0 | 0 | 0 |
| other short term finances | 5,999 | 0 | 80,000 | 3,914 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 9,177 | 0 | 0 | 0 | 0 |
| other current liabilities | 40,065 | 29,589 | 33,165 | 17,021 | 29,381 | 53,183 | 0 | 0 |
| total current liabilities | 308,427 | 281,696 | 213,870 | 156,597 | 139,369 | 92,517 | 69,426 | 67,519 |
| loans | 34,655 | 44,283 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 36,500 | 36,500 | 36,500 |
| provisions | 13,959 | 10,882 | 0 | 0 | 0 | 0 | 0 | 7,325 |
| total long term liabilities | 48,614 | 55,165 | 0 | 0 | 0 | 36,500 | 36,500 | 43,825 |
| total liabilities | 357,041 | 336,861 | 213,870 | 156,597 | 139,369 | 129,017 | 105,926 | 111,344 |
| net assets | 42,683 | 15,664 | -9,690 | -10,998 | -21,351 | -21,487 | 2,383 | 2,758 |
| total shareholders funds | 42,683 | 15,664 | -9,690 | -10,998 | -21,351 | -21,487 | 2,383 | 2,758 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 26,858 | 36,142 | 12,023 | 5,885 | 5,402 | 9,656 | ||
| Amortisation | 875 | 875 | 1,100 | 1,100 | 1,100 | 1,100 | ||
| Tax | ||||||||
| Stock | 51,615 | -40,621 | 26,673 | -10,500 | 23,942 | 54,243 | -30,000 | 30,000 |
| Debtors | -139 | 162,454 | -8,983 | 41,694 | -8,734 | -47,183 | 30,960 | 37,578 |
| Creditors | 35,363 | -22,061 | -1,149 | 5,925 | -6,543 | -34,235 | 1,907 | 67,519 |
| Accruals and Deferred Income | 10,476 | -3,576 | 16,144 | -12,360 | -23,802 | 53,183 | 0 | 0 |
| Deferred Taxes & Provisions | 3,077 | 10,882 | 0 | 0 | 0 | 0 | -7,325 | 7,325 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 1,845 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -3,417 | -2,576 | 5,993 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -39,454 | 176,039 | -15,092 | 7,359 | 69,021 | 0 | 0 | 0 |
| Other Short Term Loans | 5,999 | -80,000 | 76,086 | 3,914 | 0 | 0 | 0 | 0 |
| Long term loans | -9,628 | 44,283 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -9,177 | 9,177 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -36,500 | 0 | 0 | 36,500 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -25,551 | 3,186 | 23,615 | 405 | 0 | 0 | 0 | 0 |
| overdraft | 17,764 | 0 | -15,532 | 3,213 | 8,176 | 4,143 | 0 | 0 |
| change in cash | -43,315 | 3,186 | 39,147 | -2,808 | -8,176 | -4,143 | 0 | 0 |
peninsula marine services ltd Credit Report and Business Information
Peninsula Marine Services Ltd Competitor Analysis
Perform a competitor analysis for peninsula marine services ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in PL9 area or any other competitors across 12 key performance metrics.
peninsula marine services ltd Ownership
PENINSULA MARINE SERVICES LTD group structure
Peninsula Marine Services Ltd has 3 subsidiary companies.
Ultimate parent company
PENINSULA MARINE SERVICES LTD
09470181
3 subsidiaries
peninsula marine services ltd directors
Peninsula Marine Services Ltd currently has 2 directors. The longest serving directors include Mr Christopher Groves (Mar 2015) and Mr Royston Love (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Groves | United Kingdom | 63 years | Mar 2015 | - | Director |
| Mr Royston Love | England | 72 years | Dec 2021 | - | Director |
P&L
March 2023turnover
999.4k
+98%
operating profit
38.2k
0%
gross margin
26.8%
+5.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
42.7k
+1.72%
total assets
399.7k
+0.13%
cash
1.7k
-0.94%
net assets
Total assets minus all liabilities
peninsula marine services ltd company details
company number
09470181
Type
Private limited with Share Capital
industry
30120 - Building of pleasure and sporting boats
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
R F LOVE AND COMPANY
auditor
-
address
eastern hanger shaw way, mount batten, plymouth, devon, PL9 9XH
Bank
-
Legal Advisor
-
peninsula marine services ltd 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 peninsula marine services ltd.
peninsula marine services ltd 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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peninsula marine services ltd Companies House Filings - See Documents
| date | description | view/download |
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