marine services top co limited

marine services top co limited Company Information

Share MARINE SERVICES TOP CO LIMITED
Live 
StartupLarge

Company Number

14001260

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

£43.7m

Pomanda estimates the enterprise value of MARINE SERVICES TOP CO LIMITED at £43.7m based on a Turnover of £27m and 1.62x industry multiple (adjusted for size and gross margin).

marine services top co limited Estimated Valuation

£23.9m

Pomanda estimates the enterprise value of MARINE SERVICES TOP CO LIMITED at £23.9m based on an EBITDA of £3.8m and a 6.29x industry multiple (adjusted for size and gross margin).

marine services top co limited Estimated Valuation

£4.5m

Pomanda estimates the enterprise value of MARINE SERVICES TOP CO LIMITED at £4.5m based on Net Assets of £3.4m and 1.31x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

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 £27m with unknown growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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 4 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

5 Regular

positive_score

2 Weak

size

Size

annual sales of £27m, make it larger than the average company (£19.9m)

£27m - Marine Services Top Co Limited

£19.9m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Marine Services Top Co Limited

- - Industry AVG

production

Production

with a gross margin of 26.2%, this company has a higher cost of product (35.1%)

26.2% - Marine Services Top Co Limited

35.1% - Industry AVG

profitability

Profitability

an operating margin of 12.8% make it more profitable than the average company (4.7%)

12.8% - Marine Services Top Co Limited

4.7% - Industry AVG

employees

Employees

with 105 employees, this is similar to the industry average (107)

105 - Marine Services Top Co Limited

107 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.9k, the company has an equivalent pay structure (£45.6k)

£51.9k - Marine Services Top Co Limited

£45.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £256.8k, this is more efficient (£195.9k)

£256.8k - Marine Services Top Co Limited

£195.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is later than average (45 days)

67 days - Marine Services Top Co Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 41 days, this is close to average (43 days)

41 days - Marine Services Top Co Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 17 days, this is less than average (37 days)

17 days - Marine Services Top Co Limited

37 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (14 weeks)

12 weeks - Marine Services Top Co Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 71.6%, this is a similar level of debt than the average (68.6%)

71.6% - Marine Services Top Co Limited

68.6% - Industry AVG

MARINE SERVICES TOP CO LIMITED financials

EXPORTms excel logo

Marine Services Top Co Limited's latest turnover from June 2024 is £27 million and the company has net assets of £3.4 million. According to their latest financial statements, Marine Services Top Co Limited has 105 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023
Turnover26,961,88522,660,522
Other Income Or Grants00
Cost Of Sales19,906,75216,260,310
Gross Profit7,055,1336,400,212
Admin Expenses3,615,4533,081,240
Operating Profit3,439,6803,318,972
Interest Payable136,94098,512
Interest Receivable33,4610
Pre-Tax Profit3,336,2013,220,460
Tax-889,643-745,398
Profit After Tax2,446,5582,475,062
Dividends Paid951,760567,840
Retained Profit1,494,7981,907,222
Employee Costs5,446,0884,157,040
Number Of Employees10587
EBITDA*3,796,5213,615,197

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023
Tangible Assets2,339,145711,525
Intangible Assets1,299,8161,487,075
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets3,638,9612,198,600
Stock & work in progress941,4711,077,358
Trade Debtors5,006,7302,906,223
Group Debtors00
Misc Debtors851,126520,833
Cash1,554,0931,749,496
misc current assets00
total current assets8,353,4206,253,910
total assets11,992,3818,452,510
Bank overdraft00
Bank loan452,955375,000
Trade Creditors 2,269,2871,370,064
Group/Directors Accounts00
other short term finances00
hp & lease commitments16,3520
other current liabilities3,484,6283,219,188
total current liabilities6,223,2224,964,252
loans1,890,5401,343,750
hp & lease commitments142,8680
Accruals and Deferred Income00
other liabilities00
provisions331,956237,186
total long term liabilities2,365,3641,580,936
total liabilities8,588,5866,545,188
net assets3,403,7951,907,322
total shareholders funds3,403,7951,907,322
Jun 2024Jun 2023
Operating Activities
Operating Profit3,439,6803,318,972
Depreciation169,582124,570
Amortisation187,259171,655
Tax-889,643-745,398
Stock-135,8871,077,358
Debtors2,430,8003,427,056
Creditors899,2231,370,064
Accruals and Deferred Income265,4403,219,188
Deferred Taxes & Provisions94,770237,186
Cash flow from operations1,871,3983,191,823
Investing Activities
capital expenditure00
Change in Investments00
cash flow from investments00
Financing Activities
Bank loans77,955375,000
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans546,7901,343,750
Hire Purchase and Lease Commitments159,2200
other long term liabilities00
share issue1,675100
interest-103,479-98,512
cash flow from financing682,1611,620,338
cash and cash equivalents
cash-195,4031,749,496
overdraft00
change in cash-195,4031,749,496

marine services top co limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for marine services top co limited. Get real-time insights into marine services top co limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Marine Services Top Co Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

christopher norman 55%
nicholas warren 45%

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).

officercountryagestartendrole
Mr Christopher NormanEngland38 years Mar 2022- Director
Mr Nicholas WarrenEngland46 years Aug 2022- Director

P&L

June 2024

turnover

27m

+19%

operating profit

3.4m

+4%

gross margin

26.2%

-7.35%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

3.4m

+0.78%

total assets

12m

+0.42%

cash

1.6m

-0.11%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

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

3

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

June 2024

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

datedescriptionview/download