seastar bulk eleven limited
seastar bulk eleven limited Company Information
Company Number
13266013
Next Accounts
Sep 2025
Shareholders
seastar ship holdings limited
Group Structure
View All
Industry
Sea and coastal freight water transport
Registered Address
4th floor 100 fenchurch street, london, EC3M 5JD
Website
-seastar bulk eleven limited Estimated Valuation
Pomanda estimates the enterprise value of SEASTAR BULK ELEVEN LIMITED at £1.5m based on a Turnover of £1.7m and 0.86x industry multiple (adjusted for size and gross margin).
seastar bulk eleven limited Estimated Valuation
Pomanda estimates the enterprise value of SEASTAR BULK ELEVEN LIMITED at £3.1m based on an EBITDA of £1.1m and a 2.82x industry multiple (adjusted for size and gross margin).
seastar bulk eleven limited Estimated Valuation
Pomanda estimates the enterprise value of SEASTAR BULK ELEVEN LIMITED at £136 based on Net Assets of £103.1 and 1.32x industry multiple (adjusted for liquidity).
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Seastar Bulk Eleven Limited Overview
Seastar Bulk Eleven Limited is a live company located in london, EC3M 5JD with a Companies House number of 13266013. It operates in the sea and coastal freight water transport sector, SIC Code 50200. Founded in March 2021, it's largest shareholder is seastar ship holdings limited with a 100% stake. Seastar Bulk Eleven Limited is a startup, small sized company, Pomanda has estimated its turnover at £1.7m with unknown growth in recent years.
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Seastar Bulk Eleven Limited Health Check
Pomanda's financial health check has awarded Seastar Bulk Eleven Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
2 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£8.3m)
- Seastar Bulk Eleven Limited
£8.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Seastar Bulk Eleven Limited
- - Industry AVG
Production
with a gross margin of 34.9%, this company has a comparable cost of product (34.9%)
- Seastar Bulk Eleven Limited
34.9% - Industry AVG
Profitability
an operating margin of 62.1% make it more profitable than the average company (11.3%)
- Seastar Bulk Eleven Limited
11.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (14)
3 - Seastar Bulk Eleven Limited
14 - Industry AVG
Pay Structure
on an average salary of £64.7k, the company has an equivalent pay structure (£64.7k)
- Seastar Bulk Eleven Limited
£64.7k - Industry AVG
Efficiency
resulting in sales per employee of £565k, this is equally as efficient (£565k)
- Seastar Bulk Eleven Limited
£565k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Seastar Bulk Eleven Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Seastar Bulk Eleven Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Seastar Bulk Eleven Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Seastar Bulk Eleven Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.6%, this is a similar level of debt than the average (58.1%)
58.6% - Seastar Bulk Eleven Limited
58.1% - Industry AVG
SEASTAR BULK ELEVEN LIMITED financials
Seastar Bulk Eleven Limited's latest turnover from December 2023 is estimated at £1.7 million and the company has net assets of £103. According to their latest financial statements, Seastar Bulk Eleven Limited has 3 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 | |
|---|---|---|---|
| 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 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 26,355,797 | 3,750,000 | |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 26,355,797 | 3,750,000 | |
| Stock & work in progress | 57,709 | ||
| Trade Debtors | 48,736 | ||
| Group Debtors | 248 | ||
| Misc Debtors | 448,021 | ||
| Cash | 181,539 | ||
| misc current assets | |||
| total current assets | 249 | 736,005 | |
| total assets | 249 | 27,091,802 | 3,750,000 |
| Bank overdraft | 752,000 | ||
| Bank loan | |||
| Trade Creditors | 121,508 | 1,250,000 | |
| Group/Directors Accounts | 14,146,784 | 2,542,054 | |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 145 | 276,270 | |
| total current liabilities | 146 | 15,296,562 | 3,792,054 |
| loans | 12,048,000 | ||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | 12,048,000 | ||
| total liabilities | 146 | 27,344,562 | 3,792,054 |
| net assets | 103 | -252,760 | -42,054 |
| total shareholders funds | 103 | -252,760 | -42,054 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 35,678 | 138,725 | |
| Amortisation | |||
| Tax | |||
| Stock | -57,709 | 57,709 | |
| Debtors | -496,509 | 496,757 | |
| Creditors | -121,508 | -1,128,492 | 1,250,000 |
| Accruals and Deferred Income | -276,125 | 276,270 | |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | -14,146,784 | 11,604,730 | 2,542,054 |
| Other Short Term Loans | |||
| Long term loans | -12,048,000 | 12,048,000 | |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -181,539 | 181,539 | |
| overdraft | -752,000 | 752,000 | |
| change in cash | 570,461 | -570,461 |
seastar bulk eleven limited Credit Report and Business Information
Seastar Bulk Eleven Limited Competitor Analysis
Perform a competitor analysis for seastar bulk eleven limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in EC3M area or any other competitors across 12 key performance metrics.
seastar bulk eleven limited Ownership
SEASTAR BULK ELEVEN LIMITED group structure
Seastar Bulk Eleven Limited has no subsidiary companies.
Ultimate parent company
1 parent
SEASTAR BULK ELEVEN LIMITED
13266013
seastar bulk eleven limited directors
Seastar Bulk Eleven Limited currently has 4 directors. The longest serving directors include Mr Daniel Perrott (Mar 2021) and Mr Richard Meins (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Perrott | United Kingdom | 48 years | Mar 2021 | - | Director |
| Mr Richard Meins | United Kingdom | 70 years | Mar 2021 | - | Director |
| Mr Per Karlsen | Switzerland | 66 years | Mar 2021 | - | Director |
| Mr Per Karlsen | Switzerland | 66 years | Mar 2021 | - | Director |
P&L
December 2023turnover
1.7m
+79%
operating profit
1.1m
0%
gross margin
34.9%
-2.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
103.1
-1%
total assets
248.9
-1%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
seastar bulk eleven limited company details
company number
13266013
Type
Private limited with Share Capital
industry
50200 - Sea and coastal freight water transport
incorporation date
March 2021
age
4
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
NIGEL WILSON & CO
auditor
-
address
4th floor 100 fenchurch street, london, EC3M 5JD
Bank
-
Legal Advisor
-
seastar bulk eleven 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 found 3 charges/mortgages relating to seastar bulk eleven limited. Currently there are 3 open charges and 0 have been satisfied in the past.
seastar bulk eleven 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 SEASTAR BULK ELEVEN LIMITED. This can take several minutes, an email will notify you when this has completed.
seastar bulk eleven limited Companies House Filings - See Documents
| date | description | view/download |
|---|
