marine services top co limited
marine services top co limited Company Information
Company Number
14001260
Next Accounts
Mar 2025
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
christopher norman
nicholas warren
Group Structure
View All
Contact
Registered Address
kintyre house 70 high street, fareham, hampshire, PO16 7BB
Website
-marine services top co limited Estimated Valuation
Pomanda estimates the enterprise value of MARINE SERVICES TOP CO LIMITED at £33.5m based on a Turnover of £22.7m and 1.48x industry multiple (adjusted for size and gross margin).
marine services top co limited Estimated Valuation
Pomanda estimates the enterprise value of MARINE SERVICES TOP CO LIMITED at £22.8m based on an EBITDA of £3.6m and a 6.31x industry multiple (adjusted for size and gross margin).
marine services top co limited Estimated Valuation
Pomanda estimates the enterprise value of MARINE SERVICES TOP CO LIMITED at £2.4m based on Net Assets of £1.9m and 1.26x industry multiple (adjusted for liquidity).
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Marine Services Top Co Limited Overview
Marine Services Top Co Limited is a live company located in hampshire, PO16 7BB with a Companies House number of 14001260. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 2022, it's largest shareholder is christopher norman with a 55% stake. Marine Services Top Co Limited is a startup, large sized company, Pomanda has estimated its turnover at £22.7m with unknown growth in recent years.
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Marine Services Top Co Limited Health Check
Pomanda's financial health check has awarded Marine Services Top Co 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
4 Regular
2 Weak
Size
annual sales of £22.7m, make it larger than the average company (£18.7m)
£22.7m - Marine Services Top Co Limited
£18.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Marine Services Top Co Limited
- - Industry AVG
Production
with a gross margin of 28.2%, this company has a comparable cost of product (34.8%)
28.2% - Marine Services Top Co Limited
34.8% - Industry AVG
Profitability
an operating margin of 14.7% make it more profitable than the average company (4.6%)
14.7% - Marine Services Top Co Limited
4.6% - Industry AVG
Employees
with 87 employees, this is similar to the industry average (106)
87 - Marine Services Top Co Limited
106 - Industry AVG
Pay Structure
on an average salary of £47.8k, the company has an equivalent pay structure (£42.8k)
£47.8k - Marine Services Top Co Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £260.5k, this is more efficient (£185.3k)
£260.5k - Marine Services Top Co Limited
£185.3k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (46 days)
46 days - Marine Services Top Co Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (45 days)
30 days - Marine Services Top Co Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 24 days, this is less than average (39 days)
24 days - Marine Services Top Co Limited
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (14 weeks)
18 weeks - Marine Services Top Co Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.4%, this is a higher level of debt than the average (69.5%)
77.4% - Marine Services Top Co Limited
69.5% - Industry AVG
MARINE SERVICES TOP CO LIMITED financials
Marine Services Top Co Limited's latest turnover from June 2023 is £22.7 million and the company has net assets of £1.9 million. According to their latest financial statements, Marine Services Top Co Limited has 87 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | |
|---|---|
| Turnover | 22,660,522 |
| Other Income Or Grants | 0 |
| Cost Of Sales | 16,260,310 |
| Gross Profit | 6,400,212 |
| Admin Expenses | 3,081,240 |
| Operating Profit | 3,318,972 |
| Interest Payable | 98,512 |
| Interest Receivable | 0 |
| Pre-Tax Profit | 3,220,460 |
| Tax | -745,398 |
| Profit After Tax | 2,475,062 |
| Dividends Paid | 567,840 |
| Retained Profit | 1,907,222 |
| Employee Costs | 4,157,040 |
| Number Of Employees | 87 |
| EBITDA* | 3,615,197 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | |
|---|---|
| Tangible Assets | 711,525 |
| Intangible Assets | 1,487,075 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 2,198,600 |
| Stock & work in progress | 1,077,358 |
| Trade Debtors | 2,906,223 |
| Group Debtors | 0 |
| Misc Debtors | 520,833 |
| Cash | 1,749,496 |
| misc current assets | 0 |
| total current assets | 6,253,910 |
| total assets | 8,452,510 |
| Bank overdraft | 0 |
| Bank loan | 375,000 |
| Trade Creditors | 1,370,064 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 3,295,188 |
| total current liabilities | 5,040,252 |
| loans | 1,343,750 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 161,186 |
| total long term liabilities | 1,504,936 |
| total liabilities | 6,545,188 |
| net assets | 1,907,322 |
| total shareholders funds | 1,907,322 |
| Jun 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | 3,318,972 |
| Depreciation | 124,570 |
| Amortisation | 171,655 |
| Tax | -745,398 |
| Stock | 1,077,358 |
| Debtors | 3,427,056 |
| Creditors | 1,370,064 |
| Accruals and Deferred Income | 3,295,188 |
| Deferred Taxes & Provisions | 161,186 |
| Cash flow from operations | 3,191,823 |
| Investing Activities | |
| capital expenditure | 0 |
| Change in Investments | 0 |
| cash flow from investments | 0 |
| Financing Activities | |
| Bank loans | 375,000 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 1,343,750 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | -98,512 |
| cash flow from financing | 1,620,338 |
| cash and cash equivalents | |
| cash | 1,749,496 |
| overdraft | 0 |
| change in cash | 1,749,496 |
marine services top co limited Credit Report and Business Information
Marine Services Top Co Limited Competitor Analysis
Perform a competitor analysis for marine services top co limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in PO16 area or any other competitors across 12 key performance metrics.
marine services top co limited Ownership
MARINE SERVICES TOP CO LIMITED group structure
Marine Services Top Co Limited has 1 subsidiary company.
Ultimate parent company
MARINE SERVICES TOP CO LIMITED
14001260
1 subsidiary
marine services top co limited directors
Marine Services Top Co Limited currently has 2 directors. The longest serving directors include Mr Christopher Norman (Mar 2022) and Mr Nicholas Warren (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Norman | England | 38 years | Mar 2022 | - | Director |
| Mr Nicholas Warren | England | 46 years | Aug 2022 | - | Director |
P&L
June 2023turnover
22.7m
0%
operating profit
3.3m
0%
gross margin
28.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.9m
0%
total assets
8.5m
0%
cash
1.7m
0%
net assets
Total assets minus all liabilities
Similar Companies
marine services top co limited company details
company number
14001260
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
March 2022
age
2
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
ALLIOTT WINGHAM LTD
address
kintyre house 70 high street, fareham, hampshire, PO16 7BB
Bank
-
Legal Advisor
-
marine services top co 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 2 charges/mortgages relating to marine services top co limited. Currently there are 2 open charges and 0 have been satisfied in the past.
marine services top co 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 MARINE SERVICES TOP CO LIMITED. This can take several minutes, an email will notify you when this has completed.
marine services top co limited Companies House Filings - See Documents
| date | description | view/download |
|---|
