inmarsat maritime ventures limited
inmarsat maritime ventures limited Company Information
Company Number
12584716
Next Accounts
Sep 2025
Industry
Satellite telecommunications activities
Shareholders
inmarsat new ventures limited
Group Structure
View All
Contact
Registered Address
50 finsbury square, london, EC2A 1HD
Website
inmarsat.cominmarsat maritime ventures limited Estimated Valuation
Pomanda estimates the enterprise value of INMARSAT MARITIME VENTURES LIMITED at £12.2m based on a Turnover of £8.5m and 1.43x industry multiple (adjusted for size and gross margin).
inmarsat maritime ventures limited Estimated Valuation
Pomanda estimates the enterprise value of INMARSAT MARITIME VENTURES LIMITED at £12.2m based on an EBITDA of £2.3m and a 5.21x industry multiple (adjusted for size and gross margin).
inmarsat maritime ventures limited Estimated Valuation
Pomanda estimates the enterprise value of INMARSAT MARITIME VENTURES LIMITED at £16.2m based on Net Assets of £5.7m and 2.87x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Inmarsat Maritime Ventures Limited Overview
Inmarsat Maritime Ventures Limited is a live company located in london, EC2A 1HD with a Companies House number of 12584716. It operates in the satellite telecommunications activities sector, SIC Code 61300. Founded in May 2020, it's largest shareholder is inmarsat new ventures limited with a 100% stake. Inmarsat Maritime Ventures Limited is a startup, mid sized company, Pomanda has estimated its turnover at £8.5m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Inmarsat Maritime Ventures Limited Health Check
Pomanda's financial health check has awarded Inmarsat Maritime Ventures Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
2 Weak
Size
annual sales of £8.5m, make it in line with the average company (£7.9m)
£8.5m - Inmarsat Maritime Ventures Limited
£7.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Inmarsat Maritime Ventures Limited
- - Industry AVG
Production
with a gross margin of 39.8%, this company has a lower cost of product (30.7%)
39.8% - Inmarsat Maritime Ventures Limited
30.7% - Industry AVG
Profitability
an operating margin of 24.7% make it more profitable than the average company (7.2%)
24.7% - Inmarsat Maritime Ventures Limited
7.2% - Industry AVG
Employees
with 21 employees, this is below the industry average (38)
- Inmarsat Maritime Ventures Limited
38 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Inmarsat Maritime Ventures Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £406k, this is more efficient (£255.1k)
- Inmarsat Maritime Ventures Limited
£255.1k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (54 days)
47 days - Inmarsat Maritime Ventures Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 173 days, this is slower than average (54 days)
173 days - Inmarsat Maritime Ventures Limited
54 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Inmarsat Maritime Ventures Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Inmarsat Maritime Ventures Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.6%, this is a lower level of debt than the average (64%)
50.6% - Inmarsat Maritime Ventures Limited
64% - Industry AVG
INMARSAT MARITIME VENTURES LIMITED financials
Inmarsat Maritime Ventures Limited's latest turnover from December 2023 is £8.5 million and the company has net assets of £5.7 million. According to their latest financial statements, we estimate that Inmarsat Maritime Ventures Limited has 21 employees and maintains cash reserves of £3.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | 8,526,985 | 15,218,379 | 23,746,360 | 0 |
| Other Income Or Grants | 0 | 0 | ||
| Cost Of Sales | 5,132,087 | 11,144,501 | ||
| Gross Profit | 3,394,898 | 4,073,878 | ||
| Admin Expenses | 1,290,591 | 376,959 | ||
| Operating Profit | 2,104,307 | 3,696,919 | 826,052 | -129,733 |
| Interest Payable | 16,653 | 205,132 | 77,663 | 0 |
| Interest Receivable | 214,215 | 290,666 | 680,434 | 0 |
| Pre-Tax Profit | 2,301,870 | 3,782,454 | 1,428,824 | -129,733 |
| Tax | -552,570 | -810,688 | -238,284 | 24,711 |
| Profit After Tax | 1,749,300 | 2,971,766 | 1,190,539 | -105,022 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | 1,749,300 | 2,971,766 | 1,190,539 | -105,022 |
| Employee Costs | 0 | 0 | 248,875 | 0 |
| Number Of Employees | ||||
| EBITDA* | 2,348,043 | 4,372,870 | 1,577,972 | -129,733 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 329,271 | 753,160 | 1,358,221 | 49,422 |
| Intangible Assets | 0 | 825,070 | 1,286,736 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 24,710 |
| Total Fixed Assets | 329,271 | 1,578,230 | 2,644,956 | 24,710 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,104,383 | 2,549,391 | 5,280,205 | 0 |
| Group Debtors | 9,775,944 | 3,881,613 | 11,062,571 | 464,213 |
| Misc Debtors | 234,652 | 996,896 | 2,600,829 | 0 |
| Cash | 3,785 | 0 | 0 | 6,178,625 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 11,118,765 | 7,427,901 | 18,943,606 | 6,642,838 |
| total assets | 11,448,036 | 9,006,131 | 21,588,562 | 6,667,548 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,433,578 | 4,668,837 | 926,661 | 593,946 |
| Group/Directors Accounts | 568,466 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 2,731,057 | 0 | 15,429,351 | 6,178,625 |
| total current liabilities | 5,733,101 | 4,668,837 | 16,356,014 | 6,772,571 |
| loans | 16,652 | 420,104 | 8,283,470 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 46,173 | 14,381 | 10,590 | 0 |
| total long term liabilities | 62,826 | 434,486 | 4,147,030 | 0 |
| total liabilities | 5,795,928 | 5,103,323 | 20,503,044 | 6,772,571 |
| net assets | 5,652,108 | 3,902,808 | 1,085,518 | -105,023 |
| total shareholders funds | 5,652,108 | 3,902,808 | 1,085,518 | -105,022 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 2,104,307 | 3,696,919 | 826,052 | -129,733 |
| Depreciation | 204,375 | 426,917 | 563,057 | 0 |
| Amortisation | 39,361 | 249,034 | 188,862 | 0 |
| Tax | -552,570 | -810,688 | -238,284 | 24,711 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 3,687,079 | -11,515,706 | 18,454,683 | 488,923 |
| Creditors | -2,235,258 | 3,742,175 | 332,716 | 593,946 |
| Accruals and Deferred Income | 2,731,057 | -15,429,351 | 9,250,726 | 6,178,625 |
| Deferred Taxes & Provisions | 31,792 | 3,791 | 10,590 | 0 |
| Cash flow from operations | -1,364,015 | 3,394,503 | -7,520,964 | 6,178,626 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 568,466 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -403,452 | -7,863,366 | 8,283,470 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 197,562 | 85,534 | 602,771 | 0 |
| cash flow from financing | 362,576 | -7,932,307 | 8,886,241 | 0 |
| cash and cash equivalents | ||||
| cash | 3,785 | 0 | -6,178,625 | 6,178,625 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 3,785 | 0 | -6,178,625 | 6,178,625 |
inmarsat maritime ventures limited Credit Report and Business Information
Inmarsat Maritime Ventures Limited Competitor Analysis
Perform a competitor analysis for inmarsat maritime ventures limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EC2A area or any other competitors across 12 key performance metrics.
inmarsat maritime ventures limited Ownership
INMARSAT MARITIME VENTURES LIMITED group structure
Inmarsat Maritime Ventures Limited has no subsidiary companies.
Ultimate parent company
CONNECT BIDCO LTD
#0114604
2 parents
INMARSAT MARITIME VENTURES LIMITED
12584716
inmarsat maritime ventures limited directors
Inmarsat Maritime Ventures Limited currently has 8 directors. The longest serving directors include Mr David Pudge (May 2020) and Mr Rupert Pearce (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Pudge | United Kingdom | 59 years | May 2020 | - | Director |
| Mr Rupert Pearce | England | 60 years | Oct 2020 | - | Director |
| Ms Alison Horrocks | United Kingdom | 62 years | Oct 2020 | - | Director |
| Ms Alison Horrocks | England | 62 years | Oct 2020 | - | Director |
| Mr Jason Smith | England | 56 years | Aug 2023 | - | Director |
| Mr Benjamin Palmer | England | 53 years | Aug 2023 | - | Director |
| Mr Robert Blair | United States | 50 years | Aug 2023 | - | Director |
| Ms Shawn Duffy | United States | 54 years | Aug 2023 | - | Director |
P&L
December 2023turnover
8.5m
-44%
operating profit
2.1m
-43%
gross margin
39.9%
+48.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
5.7m
+0.45%
total assets
11.4m
+0.27%
cash
3.8k
0%
net assets
Total assets minus all liabilities
Similar Companies
inmarsat maritime ventures limited company details
company number
12584716
Type
Private limited with Share Capital
industry
61300 - Satellite telecommunications activities
incorporation date
May 2020
age
4
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
redbudbay limited (October 2020)
accountant
-
auditor
-
address
50 finsbury square, london, EC2A 1HD
Bank
-
Legal Advisor
-
inmarsat maritime ventures 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 inmarsat maritime ventures limited.
inmarsat maritime ventures 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.
Click to start generating capital raising & share issue transactions for INMARSAT MARITIME VENTURES LIMITED. This can take several minutes, an email will notify you when this has completed.
inmarsat maritime ventures limited Companies House Filings - See Documents
| date | description | view/download |
|---|
