ab shipping services limited
ab shipping services limited Company Information
Company Number
13042852
Next Accounts
Sep 2025
Shareholders
ab shipping holding b.v.
Group Structure
View All
Industry
Cargo handling for water transport activities of division 50
Registered Address
55 baker street, london, W1U 7EU
Website
-ab shipping services limited Estimated Valuation
Pomanda estimates the enterprise value of AB SHIPPING SERVICES LIMITED at £3.4m based on a Turnover of £6.3m and 0.54x industry multiple (adjusted for size and gross margin).
ab shipping services limited Estimated Valuation
Pomanda estimates the enterprise value of AB SHIPPING SERVICES LIMITED at £559.2k based on an EBITDA of £223.9k and a 2.5x industry multiple (adjusted for size and gross margin).
ab shipping services limited Estimated Valuation
Pomanda estimates the enterprise value of AB SHIPPING SERVICES LIMITED at £398.8k based on Net Assets of £238.3k and 1.67x industry multiple (adjusted for liquidity).
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Ab Shipping Services Limited Overview
Ab Shipping Services Limited is a live company located in london, W1U 7EU with a Companies House number of 13042852. It operates in the cargo handling for water transport activities sector, SIC Code 52241. Founded in November 2020, it's largest shareholder is ab shipping holding b.v. with a 100% stake. Ab Shipping Services Limited is a young, mid sized company, Pomanda has estimated its turnover at £6.3m with unknown growth in recent years.
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Ab Shipping Services Limited Health Check
Pomanda's financial health check has awarded Ab Shipping Services Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
7 Weak
Size
annual sales of £6.3m, make it smaller than the average company (£13.4m)
£6.3m - Ab Shipping Services Limited
£13.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ab Shipping Services Limited
- - Industry AVG
Production
with a gross margin of 14.2%, this company has a higher cost of product (22.7%)
14.2% - Ab Shipping Services Limited
22.7% - Industry AVG
Profitability
an operating margin of 3.5% make it less profitable than the average company (5.1%)
3.5% - Ab Shipping Services Limited
5.1% - Industry AVG
Employees
with 4 employees, this is below the industry average (36)
4 - Ab Shipping Services Limited
36 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Ab Shipping Services Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£271.7k)
£1.6m - Ab Shipping Services Limited
£271.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ab Shipping Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
0 days - Ab Shipping Services Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ab Shipping Services 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 - Ab Shipping Services Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.8%, this is a higher level of debt than the average (59.3%)
76.8% - Ab Shipping Services Limited
59.3% - Industry AVG
AB SHIPPING SERVICES LIMITED financials
Ab Shipping Services Limited's latest turnover from December 2023 is £6.3 million and the company has net assets of £238.3 thousand. According to their latest financial statements, Ab Shipping Services Limited has 4 employees and maintains cash reserves of £1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 6,325,154 | 6,803,870 | 5,445,752 |
| Other Income Or Grants | |||
| Cost Of Sales | 5,427,213 | 5,255,258 | 3,954,422 |
| Gross Profit | 897,941 | 1,548,611 | 1,491,330 |
| Admin Expenses | 674,034 | 80,143 | 82,367 |
| Operating Profit | 223,907 | 1,468,468 | 1,408,963 |
| Interest Payable | 26,134 | 12,026 | 2,674 |
| Interest Receivable | 995 | ||
| Pre-Tax Profit | 198,768 | 1,456,442 | 1,406,289 |
| Tax | -41,431 | -279,811 | -267,195 |
| Profit After Tax | 157,337 | 1,176,631 | 1,139,094 |
| Dividends Paid | 1,258,600 | 968,225 | |
| Retained Profit | 157,337 | -81,969 | 170,870 |
| Employee Costs | |||
| Number Of Employees | 4 | 4 | 4 |
| EBITDA* | 223,907 | 1,468,468 | 1,408,963 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | |||
| Trade Debtors | 84,089 | 560,455 | |
| Group Debtors | 1,016,755 | 387,289 | |
| Misc Debtors | 8,116 | 167,438 | 2,084 |
| Cash | 1,014 | 427,920 | 15,141 |
| misc current assets | |||
| total current assets | 1,025,885 | 679,447 | 964,971 |
| total assets | 1,025,885 | 679,447 | 964,971 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 2,775 | 430 | 1,289 |
| Group/Directors Accounts | 52,141 | 191,298 | 4,177 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 732,709 | 406,795 | 788,625 |
| total current liabilities | 787,625 | 598,524 | 794,092 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 787,625 | 598,524 | 794,092 |
| net assets | 238,260 | 80,923 | 170,878 |
| total shareholders funds | 238,260 | 80,923 | 170,878 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 223,907 | 1,468,468 | 1,408,963 |
| Depreciation | |||
| Amortisation | |||
| Tax | -41,431 | -279,811 | -267,195 |
| Stock | |||
| Debtors | 773,344 | -698,302 | 949,829 |
| Creditors | 2,344 | -859 | 1,289 |
| Accruals and Deferred Income | 325,914 | -381,830 | 788,625 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | -262,610 | 1,504,270 | 981,853 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | -139,157 | 187,121 | 4,177 |
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | -25,139 | -12,026 | -2,674 |
| cash flow from financing | -164,296 | 167,109 | 1,511 |
| cash and cash equivalents | |||
| cash | -426,906 | 412,779 | 15,141 |
| overdraft | |||
| change in cash | -426,906 | 412,779 | 15,141 |
ab shipping services limited Credit Report and Business Information
Ab Shipping Services Limited Competitor Analysis
Perform a competitor analysis for ab shipping services limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in W1U area or any other competitors across 12 key performance metrics.
ab shipping services limited Ownership
AB SHIPPING SERVICES LIMITED group structure
Ab Shipping Services Limited has no subsidiary companies.
Ultimate parent company
AB SHIPPING HOLDING BV
#0106715
1 parent
AB SHIPPING SERVICES LIMITED
13042852
ab shipping services limited directors
Ab Shipping Services Limited currently has 4 directors. The longest serving directors include Mr Peter Bontrup (Nov 2020) and Mr Abraham Bontrup (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Bontrup | Netherlands | 50 years | Nov 2020 | - | Director |
| Mr Abraham Bontrup | Netherlands | 48 years | Nov 2020 | - | Director |
| Pierre-Edern Lalanne | United Kingdom | 45 years | Dec 2023 | - | Director |
| Mr Kaziwe Kaulule | England | 45 years | Aug 2024 | - | Director |
P&L
December 2023turnover
6.3m
-7%
operating profit
223.9k
-85%
gross margin
14.2%
-37.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
238.3k
+1.94%
total assets
1m
+0.51%
cash
1k
-1%
net assets
Total assets minus all liabilities
Similar Companies
ab shipping services limited company details
company number
13042852
Type
Private limited with Share Capital
industry
52241 - Cargo handling for water transport activities of division 50
incorporation date
November 2020
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
55 baker street, london, W1U 7EU
Bank
-
Legal Advisor
-
ab shipping services 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 ab shipping services limited.
ab shipping services 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.
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ab shipping services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
