armatus oceanic ltd
armatus oceanic ltd Company Information
Company Number
11775479
Next Accounts
Oct 2025
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Shareholders
alan jamieson
newcastle university holdings ltd
View AllGroup Structure
View All
Contact
Registered Address
time central 32 gallowgate, newcastle upon tyne, tyne and wear, NE1 4BF
Website
www.armatusoceanic.comarmatus oceanic ltd Estimated Valuation
Pomanda estimates the enterprise value of ARMATUS OCEANIC LTD at £59k based on a Turnover of £129.3k and 0.46x industry multiple (adjusted for size and gross margin).
armatus oceanic ltd Estimated Valuation
Pomanda estimates the enterprise value of ARMATUS OCEANIC LTD at £0 based on an EBITDA of £-78.5k and a 3.32x industry multiple (adjusted for size and gross margin).
armatus oceanic ltd Estimated Valuation
Pomanda estimates the enterprise value of ARMATUS OCEANIC LTD at £59.5k based on Net Assets of £26.8k and 2.22x industry multiple (adjusted for liquidity).
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Armatus Oceanic Ltd Overview
Armatus Oceanic Ltd is a live company located in tyne and wear, NE1 4BF with a Companies House number of 11775479. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in January 2019, it's largest shareholder is alan jamieson with a 40% stake. Armatus Oceanic Ltd is a young, micro sized company, Pomanda has estimated its turnover at £129.3k with low growth in recent years.
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Armatus Oceanic Ltd Health Check
Pomanda's financial health check has awarded Armatus Oceanic 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
1 Regular
8 Weak
Size
annual sales of £129.3k, make it smaller than the average company (£1.7m)
- Armatus Oceanic Ltd
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (7.6%)
- Armatus Oceanic Ltd
7.6% - Industry AVG
Production
with a gross margin of 24.2%, this company has a higher cost of product (46.2%)
- Armatus Oceanic Ltd
46.2% - Industry AVG
Profitability
an operating margin of -60.7% make it less profitable than the average company (5.9%)
- Armatus Oceanic Ltd
5.9% - Industry AVG
Employees
with 4 employees, this is below the industry average (16)
4 - Armatus Oceanic Ltd
16 - Industry AVG
Pay Structure
on an average salary of £49k, the company has an equivalent pay structure (£49k)
- Armatus Oceanic Ltd
£49k - Industry AVG
Efficiency
resulting in sales per employee of £32.3k, this is less efficient (£115.2k)
- Armatus Oceanic Ltd
£115.2k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (55 days)
- Armatus Oceanic Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (30 days)
- Armatus Oceanic Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Armatus Oceanic Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Armatus Oceanic Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.9%, this is a lower level of debt than the average (51.3%)
9.9% - Armatus Oceanic Ltd
51.3% - Industry AVG
ARMATUS OCEANIC LTD financials
Armatus Oceanic Ltd's latest turnover from January 2024 is estimated at £129.3 thousand and the company has net assets of £26.8 thousand. According to their latest financial statements, Armatus Oceanic Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| 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 | 4 | 5 | 2 | 4 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 3,890 | 6,511 | 6,169 | 825 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,890 | 6,511 | 6,169 | 825 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 24,795 | 175,845 | 94,681 | 25,470 | 304 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,030 | 12,761 | 1,141 | 0 | 99 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 25,825 | 188,606 | 95,822 | 25,470 | 403 |
| total assets | 29,715 | 195,117 | 101,991 | 26,295 | 403 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,935 | 6,134 | 5,734 | 3,552 | 15,047 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,935 | 6,134 | 5,734 | 3,552 | 15,047 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 83,691 | 965 | 1,500 | 1,914 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 83,691 | 965 | 1,500 | 1,914 |
| total liabilities | 2,935 | 89,825 | 6,699 | 5,052 | 16,961 |
| net assets | 26,780 | 105,292 | 95,292 | 21,243 | -16,558 |
| total shareholders funds | 26,780 | 105,292 | 95,292 | 21,243 | -16,558 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -162,781 | 92,784 | 70,352 | 25,067 | 403 |
| Creditors | -3,199 | 400 | 2,182 | -11,495 | 15,047 |
| Accruals and Deferred Income | -83,691 | 82,726 | -535 | -414 | 1,914 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
armatus oceanic ltd Credit Report and Business Information
Armatus Oceanic Ltd Competitor Analysis
Perform a competitor analysis for armatus oceanic ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.
armatus oceanic ltd Ownership
ARMATUS OCEANIC LTD group structure
Armatus Oceanic Ltd has no subsidiary companies.
Ultimate parent company
ARMATUS OCEANIC LTD
11775479
armatus oceanic ltd directors
Armatus Oceanic Ltd currently has 4 directors. The longest serving directors include Mr Peter Johnson (Jun 2019) and Mr Alan Jamieson (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Johnson | 69 years | Jun 2019 | - | Director | |
| Mr Alan Jamieson | 45 years | Jul 2019 | - | Director | |
| Mr Alan Jamieson | 47 years | Jul 2019 | - | Director | |
| Mr David Dunn | United Kingdom | 45 years | Jul 2019 | - | Director |
P&L
January 2024turnover
129.3k
-68%
operating profit
-78.5k
0%
gross margin
24.3%
-4.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
26.8k
-0.75%
total assets
29.7k
-0.85%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
armatus oceanic ltd company details
company number
11775479
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
January 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
BLU SKY TAX LIMITED
auditor
-
address
time central 32 gallowgate, newcastle upon tyne, tyne and wear, NE1 4BF
Bank
-
Legal Advisor
-
armatus oceanic 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 armatus oceanic ltd.
armatus oceanic 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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armatus oceanic ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
