cldn shipholding iv ltd
cldn shipholding iv ltd Company Information
Company Number
11353432
Website
www.seatruckferries.comRegistered Address
north quay port of heysham, morecambe, lancashire, LA3 2UH
Industry
Sea and coastal freight water transport
Telephone
01772851950
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
seatruck ferries holding ltd 100%
cldn shipholding iv ltd Estimated Valuation
Pomanda estimates the enterprise value of CLDN SHIPHOLDING IV LTD at £2.5m based on a Turnover of £4.6m and 0.55x industry multiple (adjusted for size and gross margin).
cldn shipholding iv ltd Estimated Valuation
Pomanda estimates the enterprise value of CLDN SHIPHOLDING IV LTD at £3m based on an EBITDA of £1.6m and a 1.85x industry multiple (adjusted for size and gross margin).
cldn shipholding iv ltd Estimated Valuation
Pomanda estimates the enterprise value of CLDN SHIPHOLDING IV LTD at £15.3m based on Net Assets of £9.5m and 1.61x industry multiple (adjusted for liquidity).
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Cldn Shipholding Iv Ltd Overview
Cldn Shipholding Iv Ltd is a live company located in lancashire, LA3 2UH with a Companies House number of 11353432. It operates in the sea and coastal freight water transport sector, SIC Code 50200. Founded in May 2018, it's largest shareholder is seatruck ferries holding ltd with a 100% stake. Cldn Shipholding Iv Ltd is a young, small sized company, Pomanda has estimated its turnover at £4.6m with declining growth in recent years.
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Cldn Shipholding Iv Ltd Health Check
Pomanda's financial health check has awarded Cldn Shipholding Iv Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
5 Weak
Size
annual sales of £4.6m, make it smaller than the average company (£8.1m)
£4.6m - Cldn Shipholding Iv Ltd
£8.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (9%)
- Cldn Shipholding Iv Ltd
9% - Industry AVG
Production
with a gross margin of 10.1%, this company has a higher cost of product (33.3%)
10.1% - Cldn Shipholding Iv Ltd
33.3% - Industry AVG
Profitability
an operating margin of 10.1% make it as profitable than the average company (11.4%)
10.1% - Cldn Shipholding Iv Ltd
11.4% - Industry AVG
Employees
with 7 employees, this is below the industry average (13)
- Cldn Shipholding Iv Ltd
13 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Cldn Shipholding Iv Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £651.8k, this is equally as efficient (£691.8k)
- Cldn Shipholding Iv Ltd
£691.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Cldn Shipholding Iv Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Cldn Shipholding Iv Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cldn Shipholding Iv Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cldn Shipholding Iv Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.1%, this is a higher level of debt than the average (57.8%)
67.1% - Cldn Shipholding Iv Ltd
57.8% - Industry AVG
CLDN SHIPHOLDING IV LTD financials
Cldn Shipholding Iv Ltd's latest turnover from December 2023 is £4.6 million and the company has net assets of £9.5 million. According to their latest financial statements, we estimate that Cldn Shipholding Iv Ltd has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 4,562,500 | 4,562,500 | 4,562,500 | 4,575,000 | 4,150,000 | 162,500 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,100,273 | 4,009,723 | 3,573,565 | 3,379,347 | 3,318,875 | 69,183 |
| Gross Profit | 462,227 | 552,777 | 988,935 | 1,195,653 | 831,125 | 93,317 |
| Admin Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | 462,227 | 552,777 | 988,935 | 1,195,653 | 831,125 | 93,317 |
| Interest Payable | 988,481 | 736,939 | 844,568 | 931,914 | 818,582 | 34,779 |
| Interest Receivable | 0 | 0 | 0 | 0 | 1,327,219 | 0 |
| Pre-Tax Profit | -167,710 | -1,211,379 | 1,659,566 | -987,136 | 1,339,762 | -80,064 |
| Tax | -1,945 | -1,945 | -1,945 | -1,951 | -1,945 | -69 |
| Profit After Tax | -169,655 | -1,213,324 | 1,657,621 | -989,087 | 1,337,817 | -80,133 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -169,655 | -1,213,324 | 1,657,621 | -989,087 | 1,337,817 | -80,133 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 3 | |||||
| EBITDA* | 1,620,606 | 1,708,728 | 2,111,857 | 2,315,051 | 831,125 | 93,317 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 19,959,027 | 20,960,772 | 22,042,734 | 22,605,421 | 23,648,786 | 24,460,811 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 19,959,027 | 20,960,772 | 22,042,734 | 22,605,421 | 23,648,786 | 24,460,811 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 8,962,850 | 0 | 0 | 0 | 0 | 93,318 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,962,850 | 0 | 0 | 0 | 0 | 93,318 |
| total assets | 28,921,877 | 20,960,772 | 22,042,734 | 22,605,421 | 23,648,786 | 24,554,129 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 1,455,929 | 0 | 18,702,921 | 1,722,604 | 1,625,348 | 1,721,959 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 10,549,547 | 1,586,166 | 1,408,001 | 142,532 | 859,435 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 72,485 | 1,945 | 5,593 | 7,318 | 11,326 | 34,843 |
| total current liabilities | 12,077,961 | 1,588,111 | 20,116,515 | 1,872,454 | 2,496,109 | 1,756,802 |
| loans | 7,337,827 | 18,659,766 | 0 | 20,464,369 | 19,894,992 | 22,877,459 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 7,337,827 | 18,659,766 | 0 | 20,464,369 | 19,894,992 | 22,877,459 |
| total liabilities | 19,415,788 | 20,247,877 | 20,116,515 | 22,336,823 | 22,391,101 | 24,634,261 |
| net assets | 9,506,089 | 712,895 | 1,926,219 | 268,598 | 1,257,685 | -80,132 |
| total shareholders funds | 9,506,089 | 712,895 | 1,926,219 | 268,598 | 1,257,685 | -80,132 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 462,227 | 552,777 | 988,935 | 1,195,653 | 831,125 | 93,317 |
| Depreciation | 1,158,379 | 1,155,951 | 1,122,922 | 1,119,398 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,945 | -1,945 | -1,945 | -1,951 | -1,945 | -69 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 8,962,850 | 0 | 0 | 0 | -93,318 | 93,318 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 70,540 | -3,648 | -1,725 | -4,008 | -23,517 | 34,843 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -7,273,649 | 1,703,135 | 2,108,187 | 2,309,092 | 898,981 | 34,773 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 1,455,929 | -18,702,921 | 16,980,317 | 97,256 | -96,611 | 1,721,959 |
| Group/Directors Accounts | 8,963,381 | 178,165 | 1,265,469 | -716,903 | 859,435 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -11,321,939 | 18,659,766 | -20,464,369 | 569,377 | -2,982,467 | 22,877,459 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -988,481 | -736,939 | -844,568 | -931,914 | 508,637 | -34,779 |
| cash flow from financing | 7,071,739 | -601,929 | -3,063,151 | -982,184 | -1,711,006 | 24,564,640 |
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
cldn shipholding iv ltd Credit Report and Business Information
Cldn Shipholding Iv Ltd Competitor Analysis
Perform a competitor analysis for cldn shipholding iv ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in LA3 area or any other competitors across 12 key performance metrics.
cldn shipholding iv ltd Ownership
CLDN SHIPHOLDING IV LTD group structure
Cldn Shipholding Iv Ltd has no subsidiary companies.
Ultimate parent company
CLDN LINKS SA
#0075189
2 parents
CLDN SHIPHOLDING IV LTD
11353432
cldn shipholding iv ltd directors
Cldn Shipholding Iv Ltd currently has 5 directors. The longest serving directors include Mr Alistair Eagles (May 2018) and Mrs Ann Hamilton (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alistair Eagles | 54 years | May 2018 | - | Director | |
| Mrs Ann Hamilton | 60 years | Sep 2020 | - | Director | |
| Mr Florent Maes | England | 40 years | Nov 2022 | - | Director |
| Mr Dirk Hooybergs | England | 58 years | Nov 2022 | - | Director |
| Mr Gary Walker | 59 years | Jul 2024 | - | Director |
P&L
December 2023turnover
4.6m
0%
operating profit
462.2k
-16%
gross margin
10.2%
-16.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
9.5m
+12.33%
total assets
28.9m
+0.38%
cash
0
0%
net assets
Total assets minus all liabilities
cldn shipholding iv ltd company details
company number
11353432
Type
Private limited with Share Capital
industry
50200 - Sea and coastal freight water transport
incorporation date
May 2018
age
6
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
seatruck shipholding iv ltd (March 2024)
last accounts submitted
December 2023
address
north quay port of heysham, morecambe, lancashire, LA3 2UH
accountant
-
auditor
DELOITTE NI LIMITED
cldn shipholding iv 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 found 9 charges/mortgages relating to cldn shipholding iv ltd. Currently there are 9 open charges and 0 have been satisfied in the past.
cldn shipholding iv ltd Companies House Filings - See Documents
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