Holyhead Marine Services Limited in Anglesey, LL65 1YB

Description

Data updated on: 01-11-2023

Registered with number 00895484 57 years ago, Holyhead Marine Services Limited was set up as a Private Limited Company. The business actual mailing address is Newry Beach Yard, Holyhead Anglesey. The company's SIC code is 30110 and has the NACE code: Building of ships and floating structures. The business most recent filed accounts documents describe the period up to 2023/03/31 and the latest annual confirmation statement was filed on 2022/12/12.

The information we have related to this company's executives shows us a leadership of four directors: Alan D., Jeffrey C., Michael G. and John M. who became the part of the company on 2006-12-22, 2005-07-18 and 2000-04-25. In order to provide support to the directors, the firm has been utilizing the skills of Michael G. as a secretary since March 1999.

The companies that control this firm are as follows: Holyhead Boatyard Limited owns over 3/4 of company shares. This business can be reached in Holyhead at Newry Berach, LL65 1YB, Anglesey and was registered as a PSC under the registration number 724907.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-09-30	2013-09-30	2014-09-30	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	2 991 168	4 433 262	6 262 338	8 451 105

Balance Sheet
Cash Bank On Hand				910 044	2 085 984	61	148 678	166 015	476 816	555 203	471 541
Current Assets	2 689 879	4 291 640	6 373 139	9 126 470	9 275 912	9 094 854	10 020 238	11 094 806	8 303 856	9 659 225	4 016 954
Debtors	1 178 864	1 590 661	6 372 754	8 216 426	7 189 928	9 094 793	9 871 560	10 928 791	7 827 040	9 104 022	3 545 413
Net Assets Liabilities				8 451 105	9 472 378	9 365 433	10 949 453	11 870 591	8 785 184	9 916 406	4 331 830
Other Debtors	18 178					25 870	42 551	85 016	191 877	200
Property Plant Equipment				2 274 811	2 189 131	2 107 542	2 045 145	1 959 406	1 898 372	1 876 812	1 883 139
Cash Bank In Hand	762	182 340	385	910 044
Net Assets Liabilities Including Pension Asset Liability	2 991 168	4 433 262	6 262 338	8 451 105
Stocks Inventory	1 510 253	2 518 639
Tangible Fixed Assets	2 183 295	2 451 740	2 421 899	2 274 811
Trade Debtors	1 120 816	883 344	870 899	1 806 405

Capital & Reserves
Called Up Share Capital	300 000	300 000	300 000	300 000
Profit Loss Account Reserve	2 691 168	4 133 262	5 962 338	8 151 105
Shareholder Funds	2 991 168	4 433 262	6 262 338	8 451 105

Other Financial Data
Audit Fees Expenses	9 600	10 050	11 600	17 630	12 400	7 950	7 600	7 600	8 600	11 150	10 800
Taxation Compliance Services Fees				2 000	2 000	2 000	2 000	2 000	1 000	2 000	2 000
Accumulated Depreciation Impairment Property Plant Equipment				711 191	792 476	874 065	923 020	1 008 757	1 081 369	1 176 980	1 279 983
Additional Provisions Increase From New Provisions Recognised									100 000	48 764
Additions Other Than Through Business Combinations Property Plant Equipment							23 030		23 425	74 050	109 330
Administration Support Average Number Employees	12	12	12	12	11	11	12	12	12	12	13
Administrative Expenses	859 266	1 001 660	1 058 160	1 690 434	1 028 366	1 105 231	1 103 711	1 209 795	1 040 471	1 036 227	1 252 549
Amounts Owed By Related Parties				5 855 237	5 328 293	6 821 221	7 779 184	7 777 222	5 934 522	6 392 877	188 893
Amounts Owed To Related Parties				108 679
Applicable Tax Rate				20	20	19	19	19	19	19	19
Average Number Employees During Period	52	59	65	64	55	60	57	48	52	54	52
Balances With Banks				908 698	2 085 676
Bank Borrowings Overdrafts	226 887		1 146 367	26 865
Bank Overdrafts				26 865		115 035
Carrying Amount Property Plant Equipment Pledged As Security For Liabilities				2 274 811	2 189 131	2 107 542	2 045 145	1 959 406	1 898 372	1 876 812
Cash Cash Equivalents				910 044	2 085 984
Cash On Hand				1 346	308
Comprehensive Income Expense				2 188 767	1 021 273	1 393 055
Cost Sales	5 320 795	8 307 168	9 543 847	8 756 626	3 516 748	4 429 515	5 023 252	3 821 763	3 793 503	4 227 696	4 277 364
Creditors				332 751	303 023	288 117	273 212	258 307	243 402	279 939	284 911
Deferred Income				332 751	303 023	288 117	273 212	258 307	243 402	279 939	284 911
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period				-27 768	-2 234
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws					-832						-3 749
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				-27 768	-3 066	-2 287	-2 630	-7 336	-1 326	3 749	-3 749
Deferred Tax Liabilities				16 645	13 579					3 749
Depreciation Expense Property Plant Equipment				152 238	85 680	81 589	85 427	85 737	84 459	95 611	103 003
Disposals Decrease In Depreciation Impairment Property Plant Equipment					-4 395		-36 475		-11 847
Disposals Property Plant Equipment					-4 395		-36 475		-11 847
Dividends Paid						-1 500 000			-2 964 241		-6 653 187
Gain Loss On Disposals Property Plant Equipment							1 850		2 750
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss					7 759	388	-9 579	-278		-113
Government Grant Income				28 868	14 905	14 905	14 905	14 905	236 770	37 560	28 826
Gross Amount Due From Customers For Construction Contract Work As Asset				539 046	412 209	854 728	1 401 608	2 496 636	521 820	259 629	1 033 071
Gross Amount Due To Customers For Construction Contract Work As Liability				1 426 514	1 123 626	753 897	48 378	421 409	753 695	715 227	766 491
Gross Profit Loss	1 402 739	2 455 967	2 848 483	3 822 565	1 990 592	2 480 929	2 670 196	2 108 692	681 209	2 133 707	2 288 633
Increase Decrease In Existing Provisions					-2 234	-2 287	-2 630	-7 336	-1 326	3 749	-3 749
Increase Decrease In Provisions Through Adjustment In Value From Passage Time Unwinding Discount					-832
Increase From Depreciation Charge For Year Property Plant Equipment					85 680	81 589	85 427	85 737	84 459	95 611	103 003
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings					115
Interest Income On Bank Deposits						165
Interest Payable Similar Charges Finance Costs				156 723	-7 644					69	48
Loss On Financing Activities Due To Foreign Exchange Differences				156 723	-7 759
Net Current Assets Liabilities	1 142 257	2 408 972	4 240 042	6 525 690	7 599 849	7 557 300	9 186 182	10 170 818	7 240 214	8 372 046	2 781 859
Nominal Value Allotted Share Capital				300 000	300 000	300 000	300 000	300 000	300 000	300 000	300 000
Number Shares Issued Fully Paid				300 000	300 000	300 000	300 000	300 000	300 000	300 000	300 000
Operating Profit Loss	551 773	1 472 112	1 818 728	2 160 999	1 018 322	1 390 603	1 581 390	913 802	-122 492	1 135 040	1 064 910
Other Creditors						31 280	26 935	23 985	650
Other Employee Expense							1 032				1 929
Other Interest Receivable Similar Income Finance Income						165
Other Operating Income Format1				28 868	14 905	14 905	14 905	14 905	236 770	37 560	28 826
Other Payables Accrued Expenses				141 981	150 628	95 490	101 462	53 901	115 065	227 082	191 471
Other Revenue					5 635	6 608	6 395	6 333	5 780	6 656	27 750
Par Value Share		1	1	1	1	1	1	1	1	1	1
Pension Costs Defined Contribution Plan				94 957	64 412	75 382	61 307	81 248	76 904	84 318	84 338
Prepayments				15 738	10 898	25 277	57 405	56 647	13 710	18 301	29 813
Production Average Number Employees	40	47	53	52	44	49	45	36	40	42	39
Profit Loss				2 188 767	1 021 273	1 393 055	1 584 020	921 138	-121 166	1 131 222	1 068 611
Profit Loss On Ordinary Activities Before Tax	528 655	1 466 065	1 816 134	2 160 999	1 018 207	1 390 768	1 581 390	913 802	-122 492	1 134 971	1 064 862
Property Plant Equipment Gross Cost				2 986 002	2 981 607	2 981 608	2 968 163	2 968 163	2 979 741	3 053 792	3 163 122
Provisions				16 645	13 579	11 292	8 662	1 326	110 000	52 513	48 257
Provisions For Liabilities Balance Sheet Subtotal				16 645	13 579	11 292	8 662	1 326	110 000	52 513	48 257
Provisions Used									10 000	-13 000	-507
Revenue From Sale Goods				12 579 191	5 535 137	6 903 836	7 687 053	5 924 122	4 468 932	6 354 747	6 538 247
Social Security Costs	135 651	132 293	154 988	221 962	129 647	137 066	136 713	117 009	107 022	133 059	157 808
Staff Costs Employee Benefits Expense				2 560 891	1 695 211	1 743 928	1 667 340	1 538 454	1 592 856	1 757 903	1 948 893
Taxation Social Security Payable				122 299	107 482	46 996	63 574	30 122	31 148	108 097	41 879
Tax Decrease Increase From Effect Revenue Exempt From Taxation					-2 981	-2 832	-2 832	-2 832
Tax Expense Credit Applicable Tax Rate				432 200	203 641	264 246	300 464	173 622	-23 273	215 644	202 324
Tax Increase Decrease Arising From Group Relief Tax Reconciliation				-447 381	-212 587	-278 119	-309 359	-187 223		-214 277	-206 605
Tax Increase Decrease From Effect Capital Allowances Depreciation				15 031	8 796	8 955	8 954	8 954	11 366	12 819	9 758
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				150	150	5 463	143	143	143		-5 477
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward									10 438	-10 438
Tax Tax Credit On Profit Or Loss On Ordinary Activities				-27 768	-3 066	-2 287	-2 630	-7 336	-1 326	3 749	-3 749
Total Assets Less Current Liabilities	3 325 552	4 860 712	6 661 941	8 800 501	9 788 980	9 664 842	11 231 327	12 130 224	9 138 586	10 248 858	4 664 998
Total Borrowings				26 865		115 035
Trade Creditors Trade Payables				774 442	279 422	479 951	578 802	379 666	148 179	210 460	206 428
Trade Debtors Trade Receivables				1 806 405	1 438 528	1 367 697	590 812	513 270	1 165 111	2 433 015	2 293 636
Turnover Revenue				12 579 191	5 540 772	6 910 444	7 693 448	5 930 455	4 474 712	6 361 403	6 565 997
Unused Provision Reversed										-97 000
Wages Salaries	1 323 680	1 482 156	1 665 644	2 243 972	1 501 152	1 531 480	1 468 288	1 340 197	1 408 930	1 540 526	1 704 818
Company Contributions To Money Purchase Plans Directors				15 857	10 438	38 194	24 523	40 000	40 000	37 374	31 159
Director Remuneration	76 133	77 191	67 009	102 357	69 247	50 717	57 362	47 937	54 409	53 229	75 273
Number Directors Accruing Benefits Under Defined Benefit Scheme				1	1	1	1	1	1	1	1
Company Contributions To Money Purchase Schemes Directors	5 719	7 872	7 944	15 857
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1	1	1
Accruals Deferred Income After One Year	301 000	370 095	355 190	332 751
Accruals Deferred Income Within One Year	127 024	453 537	291 196	141 981
Amounts Owed By Subsidiaries		655 060	745 580	5 855 237
Amounts Owed To Subsidiaries Within One Year	505 850			108 679
Amounts Recoverable On Contracts		2 346 918	4 701 983	539 046
Bank Loans Overdrafts Finance Charges	23 118	6 047	2 594
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	2 816	11 470	1 068	15 031
Corporation Tax Due Within One Year	133 355
Creditors Due After One Year	301 000	370 095	355 190	332 751
Creditors Due Within One Year	1 547 622	1 882 668	2 133 097	2 600 780
Deferred Tax Liability	2 958	23 971	-12 942	27 768
Depreciation Tangible Fixed Assets Expense	44 379	92 693	106 313	152 238
Difference Between Accumulated Depreciation Amortisation Capital Allowances	4 128	25 980	-9 281	27 768
Expenses Not Deductible For Tax Purposes	125	118	110	150
Foreign Exchange Gain Loss Recognised In Profit Loss	42 204	67 930	-5 675	-156 723
Geographic Segment Revenue By Destination	1 219 827	585 774	781 948	494 042
Government Grant Receipts- Net	8 300	17 805	28 405	28 868
Increase Decrease In U K Tax From Origination Reversal Timing Differences	2 957	23 971	-12 942	-27 768
Interest Payable Similar Charges	23 118	6 047	2 594
Net Increase Decrease In Shareholders Funds	392 343	1 442 094	1 829 076	2 188 767
Non-taxable Income	1 750	3 503	3 279
Number Shares Allotted	300 000	300 000	300 000	300 000
Other Operating Income	8 300	17 805	28 405	28 868
Other Taxation Social Security Within One Year	33 324	40 923	91 724	122 299
Other Timing Differences	-1 170	-2 009	-3 661
Payments Received On Account Within One Year	401 486	674 528	348 027	1 426 514
Pension Costs	17 916	22 203	36 263	94 957
Pension Costs Defined Contribution Scheme	17 916	22 203
Prepayments Accrued Income Current Asset	39 870	52 257	54 292	15 738
Profit Loss For Period	392 343	1 442 094	1 829 076	2 188 767
Provisions Charged Credited To Profit Loss Account During Period		23 971		-27 768
Provisions For Liabilities Charges	33 384	57 355	44 413	16 645
Provisions Utilised During Period			12 942
Staff Costs	1 477 247	1 636 652	1 856 895	2 560 891
Standard Nominal Tax Rate	25	24	22	20
Tangible Fixed Assets Additions		374 726	76 472	5 150
Tangible Fixed Assets Cost Or Valuation	2 748 736	2 904 380	2 980 852	2 986 002
Tangible Fixed Assets Depreciation	565 441	452 640	558 953	711 191
Tangible Fixed Assets Depreciation Charged In Period		92 693	106 313	152 238
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		205 494
Tangible Fixed Assets Disposals		219 082
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	132 164	344 525	399 549	432 200
Tax On Profit Or Loss On Ordinary Activities	136 312	23 971	-12 942	-27 768
Total U K Foreign Current Tax After Adjustments Relief	133 355
Trade Creditors Within One Year	119 696	713 680	255 783	774 442
Trade Debtors After One Year			236 660	240 251
Turnover Gross Operating Revenue	6 723 534	10 763 135	12 392 330	12 579 191
U K Current Corporation Tax On Income For Period	133 355
Utilisation Tax Losses		352 610	397 448	447 381
Value Shares Allotted	300 000	300 000	300 000	300 000
Work In Progress	1 336 445	2 346 918