Britam Shipping Ltd
07365418
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 23/09/2025
Due 07/10/2026
Industry
Officers
Mark Stuart Bigley
director · Since 07/05/2024
British
Richard George Harris
director · Since 07/05/2024
British
Peter Anthony Neary
director · Since 01/11/2017
British
Former
Robert Paul Clarke
director · Resigned 07/05/2024
CompanyRankvs 1780+ SIC 50200 peers75
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£28.1M
Annual revenue
Net Worth
£3.7M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Profit Before Tax
£785k
Bottom line earnings
Net Current Assets
£3.7M
Working capital
Current Assets
£9.7M
Current Liabilities
£5.9M
Fixed Assets
£40k
Debtors
£8.3M
Cost of Sales
£23.4M
Gross Profit
£4.7M
Admin Expenses
£3.9M
Operating Profit
£782k
Profit After Tax
£659k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.62 | +£2.3M |
| 2021 | 1.48 | — |
Derived from filed accounts. Not audited figures.