esk offshore limited
esk offshore limited Company Information
Company Number
SC182302
Website
www.eskoffshore.comRegistered Address
100 union street, aberdeen, AB10 1QR
Industry
Support activities for petroleum and natural gas extraction
Telephone
01224937400
Next Accounts Due
December 2024
Group Structure
View All
Directors
Brian Campbell12 Years
Shareholders
b r campbell ltd 100%
esk offshore limited Estimated Valuation
Pomanda estimates the enterprise value of ESK OFFSHORE LIMITED at £4.6m based on a Turnover of £6.2m and 0.74x industry multiple (adjusted for size and gross margin).
esk offshore limited Estimated Valuation
Pomanda estimates the enterprise value of ESK OFFSHORE LIMITED at £1.9m based on an EBITDA of £557.4k and a 3.39x industry multiple (adjusted for size and gross margin).
esk offshore limited Estimated Valuation
Pomanda estimates the enterprise value of ESK OFFSHORE LIMITED at £2.4m based on Net Assets of £1.3m and 1.87x industry multiple (adjusted for liquidity).
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Esk Offshore Limited Overview
Esk Offshore Limited is a live company located in aberdeen, AB10 1QR with a Companies House number of SC182302. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in January 1998, it's largest shareholder is b r campbell ltd with a 100% stake. Esk Offshore Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.2m with declining growth in recent years.
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Esk Offshore Limited Health Check
Pomanda's financial health check has awarded Esk Offshore Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
6 Regular
4 Weak
Size
annual sales of £6.2m, make it smaller than the average company (£13.5m)
- Esk Offshore Limited
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (-1.6%)
- Esk Offshore Limited
-1.6% - Industry AVG
Production
with a gross margin of 22.2%, this company has a comparable cost of product (22.2%)
- Esk Offshore Limited
22.2% - Industry AVG
Profitability
an operating margin of 7.4% make it as profitable than the average company (8%)
- Esk Offshore Limited
8% - Industry AVG
Employees
with 64 employees, this is above the industry average (40)
64 - Esk Offshore Limited
40 - Industry AVG
Pay Structure
on an average salary of £67.6k, the company has an equivalent pay structure (£67.6k)
- Esk Offshore Limited
£67.6k - Industry AVG
Efficiency
resulting in sales per employee of £97.6k, this is less efficient (£195.8k)
- Esk Offshore Limited
£195.8k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (57 days)
- Esk Offshore Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (29 days)
- Esk Offshore Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is in line with average (25 days)
- Esk Offshore Limited
25 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is average cash available to meet short term requirements (10 weeks)
8 weeks - Esk Offshore Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.2%, this is a lower level of debt than the average (55.3%)
36.2% - Esk Offshore Limited
55.3% - Industry AVG
ESK OFFSHORE LIMITED financials
Esk Offshore Limited's latest turnover from March 2023 is estimated at £6.2 million and the company has net assets of £1.3 million. According to their latest financial statements, Esk Offshore Limited has 64 employees and maintains cash reserves of £107.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,361,764 | 6,278,182 | 6,980,998 | 6,027,973 | 4,246,367 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 5,982,560 | 5,078,600 | 5,527,563 | 4,657,913 | 3,155,057 | |||||||||
| Gross Profit | 1,379,204 | 1,199,582 | 1,453,435 | 1,370,060 | 1,091,310 | |||||||||
| Admin Expenses | 481,088 | 366,954 | 185,563 | 164,309 | 148,247 | |||||||||
| Operating Profit | 898,116 | 832,628 | 1,267,872 | 1,205,751 | 943,063 | |||||||||
| Interest Payable | 0 | 8 | 0 | 0 | 0 | |||||||||
| Interest Receivable | 867 | 39,977 | 71,229 | 52,243 | 160,432 | |||||||||
| Pre-Tax Profit | 898,983 | 872,597 | 1,339,101 | 1,257,994 | 1,103,495 | |||||||||
| Tax | -213,373 | -220,619 | -355,293 | -348,286 | -301,784 | |||||||||
| Profit After Tax | 685,610 | 651,978 | 983,808 | 909,708 | 801,711 | |||||||||
| Dividends Paid | 670,000 | 4,435,000 | 585,000 | 990,000 | 70,000 | |||||||||
| Retained Profit | 15,610 | -3,783,022 | 398,808 | -80,292 | 731,711 | |||||||||
| Employee Costs | 5,838,040 | 4,695,145 | 5,551,239 | 4,255,137 | 2,978,105 | |||||||||
| Number Of Employees | 64 | 62 | 53 | 76 | 65 | 59 | 57 | 62 | 90 | 106 | 107 | 91 | 82 | |
| EBITDA* | 906,553 | 832,628 | 1,268,620 | 1,206,510 | 944,033 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 693,619 | 594,514 | 515,602 | 439,454 | 109,283 | 151,332 | 165,934 | 138,669 | 25,362 | 33,132 | 0 | 293 | 1,041 | 1,216 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 693,619 | 594,514 | 515,602 | 439,454 | 109,283 | 151,332 | 165,934 | 138,669 | 25,362 | 33,132 | 0 | 293 | 1,041 | 1,216 |
| Stock & work in progress | 294,210 | 99,284 | 40,000 | 6,840 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 926,879 | 478,040 | 599,780 | 903,352 | 1,196,203 | 704,208 | 657,553 | 536,754 | 1,574,736 | 642,473 | 1,105,033 | 530,764 | 1,097,441 | 487,453 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 936,600 | 604,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 10,530 | 29,935 | 29,559 | 74,161 | 8,769 | 8,029 | 8,400 | 81,170 | 0 | 124,486 | 95,838 | 63,184 | 54,814 | 377,341 |
| Cash | 107,412 | 233,119 | 96,523 | 159,067 | 181,185 | 89,126 | 107,241 | 347,686 | 369,798 | 419,885 | 254,166 | 1,713,826 | 786,954 | 949,314 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000,000 | 3,000,000 | 3,000,000 |
| total current assets | 1,339,031 | 840,378 | 765,862 | 1,143,420 | 1,386,157 | 801,363 | 1,709,794 | 1,569,610 | 1,944,534 | 1,186,844 | 1,455,037 | 5,307,774 | 4,939,209 | 4,814,108 |
| total assets | 2,032,650 | 1,434,892 | 1,281,464 | 1,582,874 | 1,495,440 | 952,695 | 1,875,728 | 1,708,279 | 1,969,896 | 1,219,976 | 1,455,037 | 5,308,067 | 4,940,250 | 4,815,324 |
| Bank overdraft | 0 | 0 | 91,194 | 32,564 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 25,488 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 81,802 | 62,183 | 24,524 | 63,468 | 29,927 | 60,150 | 47,551 | 42,167 | 603,820 | 33,586 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 4,750 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 572,687 | 364,528 | 330,053 | 381,031 | 595,119 | 241,000 | 301,517 | 231,990 | 0 | 287,620 | 576,698 | 646,706 | 677,697 | 472,479 |
| total current liabilities | 654,489 | 452,199 | 445,771 | 477,063 | 625,046 | 305,900 | 349,068 | 284,157 | 603,820 | 321,206 | 576,698 | 646,706 | 677,697 | 472,479 |
| loans | 0 | 0 | 25,488 | 59,450 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 8,312 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 3,562 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 82,178 | 64,979 | 48,879 | 24,419 | 9,171 | 14,122 | 17,944 | 14,091 | 2,943 | 4,821 | 0 | 0 | 0 | 0 |
| total long term liabilities | 82,178 | 64,979 | 74,367 | 83,869 | 12,733 | 22,434 | 17,944 | 14,091 | 2,943 | 4,821 | 0 | 0 | 0 | 0 |
| total liabilities | 736,667 | 517,178 | 520,138 | 560,932 | 637,779 | 328,334 | 367,012 | 298,248 | 606,763 | 326,027 | 576,698 | 646,706 | 677,697 | 472,479 |
| net assets | 1,295,983 | 917,714 | 761,326 | 1,021,942 | 857,661 | 624,361 | 1,508,716 | 1,410,031 | 1,363,133 | 893,949 | 878,339 | 4,661,361 | 4,262,553 | 4,342,845 |
| total shareholders funds | 1,295,983 | 917,714 | 761,326 | 1,021,942 | 857,661 | 624,361 | 1,508,716 | 1,410,031 | 1,363,133 | 893,949 | 878,339 | 4,661,361 | 4,262,553 | 4,342,845 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 898,116 | 832,628 | 1,267,872 | 1,205,751 | 943,063 | |||||||||
| Depreciation | 96,306 | 64,545 | 54,028 | 57,560 | 56,071 | 51,096 | 44,585 | 24,051 | 10,074 | 8,437 | 0 | 748 | 759 | 970 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -213,373 | -220,619 | -355,293 | -348,286 | -301,784 | |||||||||
| Stock | 194,926 | 59,284 | 33,160 | 6,840 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 429,434 | -121,364 | -348,174 | -227,459 | 492,735 | -890,316 | 380,629 | -352,812 | 807,777 | 766,959 | 606,923 | -558,307 | 287,461 | 864,794 |
| Creditors | 19,619 | 37,659 | -38,944 | 33,541 | -30,223 | 12,599 | 5,384 | -561,653 | 570,234 | 33,586 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 208,159 | 34,475 | -50,978 | -214,088 | 354,119 | -60,517 | 69,527 | 231,990 | -287,620 | 287,620 | -70,008 | -30,991 | 205,218 | 472,479 |
| Deferred Taxes & Provisions | 17,199 | 16,100 | 24,460 | 15,248 | -4,951 | -3,822 | 3,853 | 11,148 | -1,878 | 4,821 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 252,248 | -64,922 | 1,440,643 | 775,981 | 249,934 | |||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -41,569 | 0 | 0 | -584 | -1,660 | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -41,569 | 0 | 0 | -584 | -1,660 | |||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -25,488 | 25,488 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -25,488 | -33,962 | 59,450 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | -13,062 | 13,062 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -3,562 | 3,562 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 867 | 39,969 | 71,229 | 52,243 | 160,432 | |||||||||
| cash flow from financing | 879,206 | 39,969 | 71,229 | 52,243 | 3,771,566 | |||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -125,707 | 136,596 | -62,544 | -22,118 | 92,059 | -18,115 | -240,445 | -22,112 | -50,087 | 419,885 | -1,459,660 | 926,872 | -162,360 | 949,314 |
| overdraft | 0 | -91,194 | 58,630 | 32,564 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -125,707 | 227,790 | -121,174 | -54,682 | 92,059 | -18,115 | -240,445 | -22,112 | -50,087 | 419,885 | -1,459,660 | 926,872 | -162,360 | 949,314 |
esk offshore limited Credit Report and Business Information
Esk Offshore Limited Competitor Analysis
Perform a competitor analysis for esk offshore limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
esk offshore limited Ownership
ESK OFFSHORE LIMITED group structure
Esk Offshore Limited has no subsidiary companies.
esk offshore limited directors
Esk Offshore Limited currently has 1 director, Mr Brian Campbell serving since Dec 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian Campbell | Scotland | 59 years | Dec 2011 | - | Director |
P&L
March 2023turnover
6.2m
+17%
operating profit
461.1k
0%
gross margin
22.2%
+12.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.3m
+0.41%
total assets
2m
+0.42%
cash
107.4k
-0.54%
net assets
Total assets minus all liabilities
Similar Companies
esk offshore limited company details
company number
SC182302
Type
Private limited with Share Capital
industry
09100 - Support activities for petroleum and natural gas extraction
incorporation date
January 1998
age
26
accounts
Total Exemption Full
ultimate parent company
previous names
place d'or 469 limited (April 1999)
incorporated
UK
address
100 union street, aberdeen, AB10 1QR
last accounts submitted
March 2023
esk offshore 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 esk offshore limited. Currently there are 2 open charges and 0 have been satisfied in the past.
esk offshore limited Companies House Filings - See Documents
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