marine innovations limited
marine innovations limited Company Information
Company Number
14534009
Website
-Registered Address
4 park lane, burton waters, lincoln, LN1 2WP
Industry
Other information technology and computer service activities
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
bradley reginald davis 100%
marine innovations limited Estimated Valuation
Pomanda estimates the enterprise value of MARINE INNOVATIONS LIMITED at £31.2k based on a Turnover of £53k and 0.59x industry multiple (adjusted for size and gross margin).
marine innovations limited Estimated Valuation
Pomanda estimates the enterprise value of MARINE INNOVATIONS LIMITED at £0 based on an EBITDA of £-46.6k and a 4.4x industry multiple (adjusted for size and gross margin).
marine innovations limited Estimated Valuation
Pomanda estimates the enterprise value of MARINE INNOVATIONS LIMITED at £0 based on Net Assets of £-46.9k and 2.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Marine Innovations Limited Overview
Marine Innovations Limited is a live company located in lincoln, LN1 2WP with a Companies House number of 14534009. It operates in the other information technology service activities sector, SIC Code 62090. Founded in December 2022, it's largest shareholder is bradley reginald davis with a 100% stake. Marine Innovations Limited is a startup, micro sized company, Pomanda has estimated its turnover at £53k with unknown growth in recent years.
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Marine Innovations Limited Health Check
Pomanda's financial health check has awarded Marine Innovations 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
2 Regular
7 Weak
Size
annual sales of £53k, make it smaller than the average company (£5m)
- Marine Innovations Limited
£5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Marine Innovations Limited
- - Industry AVG
Production
with a gross margin of 47.4%, this company has a comparable cost of product (47.4%)
- Marine Innovations Limited
47.4% - Industry AVG
Profitability
an operating margin of -88.7% make it less profitable than the average company (4.5%)
- Marine Innovations Limited
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (34)
- Marine Innovations Limited
34 - Industry AVG
Pay Structure
on an average salary of £62k, the company has an equivalent pay structure (£62k)
- Marine Innovations Limited
£62k - Industry AVG
Efficiency
resulting in sales per employee of £53k, this is less efficient (£148.1k)
- Marine Innovations Limited
£148.1k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (55 days)
- Marine Innovations Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is slower than average (32 days)
- Marine Innovations Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Marine Innovations Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (20 weeks)
1 weeks - Marine Innovations Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 449.3%, this is a higher level of debt than the average (58.7%)
449.3% - Marine Innovations Limited
58.7% - Industry AVG
MARINE INNOVATIONS LIMITED financials
Marine Innovations Limited's latest turnover from December 2023 is estimated at £53 thousand and the company has net assets of -£46.9 thousand. According to their latest financial statements, we estimate that Marine Innovations Limited has 1 employee and maintains cash reserves of £1.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | |
|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | |
|---|---|
| Tangible Assets | 1,142 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 1,142 |
| Stock & work in progress | 0 |
| Trade Debtors | 9,882 |
| Group Debtors | 0 |
| Misc Debtors | 1,036 |
| Cash | 1,380 |
| misc current assets | 0 |
| total current assets | 12,298 |
| total assets | 13,440 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 2,795 |
| Group/Directors Accounts | 47,084 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 10,500 |
| total current liabilities | 60,379 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 60,379 |
| net assets | -46,939 |
| total shareholders funds | -46,939 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 381 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 10,918 |
| Creditors | 2,795 |
| Accruals and Deferred Income | 10,500 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 47,084 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 1,380 |
| overdraft | 0 |
| change in cash | 1,380 |
marine innovations limited Credit Report and Business Information
Marine Innovations Limited Competitor Analysis
Perform a competitor analysis for marine innovations limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in LN1 area or any other competitors across 12 key performance metrics.
marine innovations limited Ownership
MARINE INNOVATIONS LIMITED group structure
Marine Innovations Limited has no subsidiary companies.
Ultimate parent company
MARINE INNOVATIONS LIMITED
14534009
marine innovations limited directors
Marine Innovations Limited currently has 2 directors. The longest serving directors include Mr Bradley Davis (Dec 2022) and Mr Rachel Davis (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bradley Davis | United Kingdom | 51 years | Dec 2022 | - | Director |
| Mr Rachel Davis | England | 53 years | Aug 2023 | - | Director |
P&L
December 2023turnover
53k
0%
operating profit
-47k
0%
gross margin
47.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-46.9k
0%
total assets
13.4k
0%
cash
1.4k
0%
net assets
Total assets minus all liabilities
Similar Companies
marine innovations limited company details
company number
14534009
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
December 2022
age
2
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
TETLEY TAX CONSULTANTS
auditor
-
address
4 park lane, burton waters, lincoln, LN1 2WP
Bank
-
Legal Advisor
-
marine innovations 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 marine innovations limited.
marine innovations limited Companies House Filings - See Documents
| date | description | view/download |
|---|
