STENA LINE LIMITED

FIRST FLOOR, 6 ARLINGTON STREET, LONDON, SW1A 1RE

Company Number: 01402237
Incorporation date: 28-Nov-1978
Status: Active
Entity type: Private Limited Company

SIC codes:
50100 Sea and coastal passenger water transport





SUMMARY

This company is 45.5 years old and is currently active. It is controlled by Stena Line (Uk) Ltd. The company has positive equity (net assets) of GBP 441 million which has increased from GBP 34 million in the previous year. The latest reported revenue figure is GBP 265.5 million which is similar to the previous year's figure of GBP 275.3 million. Retained earnings is negative (GBP -247.3 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 6 active officers (directors or partners) who are or were officers of 13 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 265,500,000 -100,000 2,800,000 100,000 700,000 3,200,000
31-Dec-2018 GBP 275,300,000 -100,000 2,800,000 100,000 700,000 3,200,000
31-Dec-2017 GBP 260,200,000 6,800,000 1,000,000 5,300,000 1,300,000 5,600,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 900,000 48,100,000 290,000,000 -247,300,000 441,000,000
31-Dec-2018 GBP 27,800,000 92,300,000 290,000,000 -257,400,000 34,000,000
31-Dec-2017 GBP 39,700,000 126,300,000 290,000,000 -229,900,000 61,500,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Douglas Alexander GRAY 22 Oct 2019 25 May 2024 1 - 0
Resigned Leslie David STRACEY 01 Jan 1999 22 Oct 2019 British 2 - 34
Resigned John Barton HIGGS 18 Oct 1995 31 Dec 1998 Company Secretary British 1 - 33
Resigned John Barton HIGGS 31 Dec 1998 1 - 33

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Douglas Alexander GRAY 01 Dec 2022 Finance Director British 10 - 21 (8.3%)
Active Sindo Dominic FERNANDEZ-ARES 30 Nov 2021 Managing Director British 6 - 00 (0.0%)
Active Sindo Dominic FERNANDEZ-ARES 30 Nov 2021 Managing Director British 6 - 11 (14.3%)
Active Ian James HAMPTON 20 Aug 2018 Chief Operating Officer Fleet & Government Affairs British 7 - 21 (11.1%)
Resigned Hans Erik NOREN 01 Feb 2016 25 May 2022 Company Director Swedish 0 - 132 (15.4%)
Active Anna Marica DERENSTRAND 13 Oct 2014 Chief Financial Officer Swedish 1 - 11 (50.0%)
Active Ulf Niklas MARTENSSON 13 Oct 2014 Chief Executive Swedish 4 - 31 (14.3%)
Resigned Bjarne Erik KOITRAND 14 Nov 2011 13 Oct 2014 Technical Operations Director Swedish 0 - 10 (0.0%)
Resigned Ola HELGESSON 01 Jun 2011 13 Oct 2014 None Swedish 0 - 1510 (66.7%)
Resigned Kenneth MACLEOD 01 Jan 2010 01 Feb 2016 Managing Director British 0 - 305 (16.7%)
Resigned Leslie David STRACEY 03 Apr 2008 30 Nov 2021 Accountant British 2 - 3419 (52.8%)
Resigned Michael Andre MCGRATH 01 Nov 2006 03 Mar 2014 Area Director Swedish 0 - 104 (40.0%)
Resigned Carl Frederik Bertil LANTZ 09 Sep 2004 01 Nov 2006 Area Director Swedish 0 - 41 (25.0%)
Resigned Per Gunnar BLOMDAHL 13 Jan 2003 30 Nov 2012 Managing Director Swedish 0 - 179 (52.9%)
Resigned John Robert AKERLUND 01 Sep 2002 29 Sep 2011 Director Technical&Human Resou Swedish 0 - 124 (33.3%)
Resigned Jan Ake Christer OLSSON 09 Oct 1998 01 Jun 2011 Finance Director Swedish 0 - 199 (47.4%)
Resigned Bo Ingemar SEVERED 06 Aug 1998 13 Jan 2003 President & Ceo Stena Line Ab Swedish 0 - 179 (52.9%)
Resigned Hakan Olof SIEWERS 03 Jun 1998 01 Sep 2002 Director Marine Operations Swedish 0 - 31 (33.3%)
Resigned John Barton HIGGS 04 Mar 1998 20 Oct 1998 Solicitor British 1 - 3312 (35.3%)
Resigned Lars Anders HEDBERG 05 Jan 1998 31 Aug 1998 Senior Vice Pres Finance - Stena Line Ab Swedish 0 - 167 (43.8%)
Resigned Maurice STOREY 22 Nov 1996 31 Mar 1998 Director-Ship & Port Management British 1 - 202 (9.5%)
Resigned Francis William OLOHAN 14 Oct 1996 25 Nov 1997 Director-Freight British 0 - 153 (20.0%)
Resigned Helen DEEBLE 14 Oct 1996 04 Jan 1998 Finance Director British 0 - 328 (25.0%)
Resigned William Gareth COOPER 14 Oct 1996 31 Dec 2006 Chairman Stena Line Uk British 0 - 239 (39.1%)
Resigned Roger Stephen THOMAS 07 May 1996 14 Oct 1996 Human Resources Director British 0 - 176 (35.3%)
Resigned Robert Alan HOLMES 29 Mar 1994 14 Oct 1996 Finance Director British 1 - 4326 (59.1%)
Resigned Robert Ewan PARK 08 Oct 1993 28 Nov 1995 Human Resources Director British 0 - 218 (38.1%)
Resigned Svante Wilhelm CARLSSON 30 Dec 1992 21 Dec 2009 Company Director Swedish 0 - 407 (17.5%)
Resigned Claes Goran STIGNE 01 Dec 1992 31 Aug 1997 Director Hotel & Retail Services Swedish 0 - 72 (28.6%)
Resigned John Robert GOVETT 01 Dec 1992 14 Oct 1996 Sales & Marketing Director British 0 - 238 (34.8%)
Resigned Adrianus Antonie VINJU 21 Jul 1992 29 Mar 1993 Managing Director Stena Line Bv Dutch 0 - 40 (0.0%)
Resigned Bo Ake LERENIUS 29 Jun 1992 05 Aug 1998 Ced Stena Line Ab Swedish 0 - 3010 (33.3%)
Resigned Rudolph Joseph Ion, Sir AGNEW 11 Jul 1991 03 May 1994 Company Director British 1 - 236 (25.0%)
Resigned Bo Ingemar SEVERED 01 Dec 1992 Travel Service Director Swedish 0 - 179 (52.9%)
Resigned Robert Alan HOLMES 14 Oct 1996 Finance Director British 1 - 4326 (59.1%)
Resigned Francis William OLOHAN 25 Nov 1997 Director-Freight British 0 - 153 (20.0%)
Resigned Robert Ewan PARK 28 Nov 1995 Human Resources Director British 0 - 218 (38.1%)
Resigned Maurice STOREY 31 Mar 1998 Director-Ship & Port Management British 1 - 202 (9.5%)
Resigned William Gareth COOPER 31 Dec 2006 Chairman Stena Line Uk British 0 - 239 (39.1%)
Resigned Svante Wilhelm CARLSSON 21 Dec 2009 Company Director Swedish 0 - 407 (17.5%)
Resigned Rudolph Joseph Ion, Sir AGNEW 03 May 1994 Company Director British 1 - 236 (25.0%)
Resigned Anita BEIJER 21 Sep 1992 Human Resources Director - Stena Line Ab Swedish 0 - 10 (0.0%)
Resigned Lars Einar Roland JOHANSSON 30 Apr 1997 Director Swedish 0 - 40 (0.0%)
Resigned Lars-Erik Gosta OTTOSSON 21 May 1992 Company Director Swedish 1 - 10 (0.0%)
Resigned Charles Denis LENOX CONYNGHAM 01 May 1992 Deputy Chairman-Sealink Stena Line British 0 - 314 (12.9%)
Resigned Lars Anders HEDBERG 31 Aug 1998 Senior Vice Pres Finance - Stena Line Ab Swedish 0 - 167 (43.8%)
Number of active directors: 6
Average tenure of active directors: 5.2 years
Average tenure of resigned directors: 3.4 years
Average active director Dissolution Rate: 16.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
SWEDISH CHAMBER OF COMMERCE FOR THE UNITED KINGDOM (00092069) - Active
STENA LINE IRISH SEA FERRIES LIMITED (00247740) - Active - Proposal to Strike off
STENA LINE LIMITED (01402237) - Active
STENA LINE PORTS LIMITED (01593558) - Active
STENA FINANCE (U.K.) LIMITED (01618875) - Active
STENA LINE (UK) LIMITED (02454575) - Active
STENA LINE MANNING SERVICES LIMITED (03242135) - Active
FREIGHT LINK SOLUTIONS LIMITED (04838153) - Active
CUSTOMSLINK LIMITED (12743047) - Active
ANGLESEY LAND HOLDINGS LIMITED (14299844) - Active
ANGLESEY FREEPORT LIMITED (14764628) - Active
STENA EVOLUTION LIMITED (14769642) - Active
STENA LINE PORTS (LOCH RYAN) LIMITED (SC286272) - Active
FRANCOIS OFFSHORE CATERING LIMITED (SC631458) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-11-262014-11-262013-11-262013-06-192012-12-18
STENA LINE (UK) LIMITEDORDINARY290,000,001
100%
223,000,001
100%
223,000,001
100%
198,000,001
100%
188,000,001
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

STENA LINE LIMITED

no controlled companies

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-07-01 2023-12-31 40 8% 62% 78692
2023-01-01 2023-06-30 36 6% 61% 72008
2022-07-01 2022-12-31 33 7% 60% 67061
2022-01-01 2022-06-30 47 7% 61% 59465
2021-07-01 2021-12-31 36 9% 60% 53195
2021-01-01 2021-06-30 43 14% 64% 45592
2020-07-01 2020-12-31 37 10% 66% 39454
2020-01-01 2020-06-30 41 11% 73% 31917
2019-07-01 2019-12-31 38 12% 60% 25703
2019-01-01 2019-06-30 39 12% 64% 17132
2018-07-01 2018-12-31 34 8% 62% 9431
2018-01-01 2018-06-30 35 9% 59% 2233


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 50100 Sea and coastal passenger water transport)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
RCL CRUISES LTD 7, THE HEIGHTS, BROOKLANDS, WEYBRIDGE, SURREY,, BROOKLANDS, WEYBRIDGE, ENGLAND, KT13 0XW 07366612 2017-12-31 2,989,938,000 487,045,000 79110-Travel agency activities
MAGICAL CRUISE COMPANY, LIMITED 3 QUEEN CAROLINE STREET, HAMMERSMITH, LONDON, W6 9PE 03157553 2017-09-30 1,371,592,000 297,261,000
MSC CRUISE MANAGEMENT (UK) LIMITED 5 ROUNDWOOD AVENUE, STOCKLEY PARK, UXBRIDGE, MIDDLESEX, ENGLAND, UB11 1AF 09361148 2017-12-31 1,245,363,000 121,935,000
STENA LINE LIMITED FIRST FLOOR, 6 ARLINGTON STREET, LONDON, ENGLAND, SW1A 1RE 01402237 2017-12-31 260,200,000 5,600,000
CALMAC FERRIES LIMITED THE FERRY TERMINAL, GOUROCK, PA19 1QP SC302282 2018-03-31 206,952,000 4,242,000
FRED. OLSEN CRUISE LINES LIMITED 2ND FLOOR, 36, BROADWAY, LONDON, ENGLAND, SW1H 0BH 02672435 2017-12-31 202,459,000 8,226,000
STENA LINE IRISH SEA FERRIES LIMITED FIRST FLOOR, 6 ARLINGTON STREET, LONDON, ENGLAND, SW1A 1RE 00247740 2017-12-31 116,026,000 18,584,000
SAGA CRUISES LIMITED 3 PANCRAS SQUARE, LONDON, UNITED KINGDOM, N1C 4AG 03267858 2017-12-31 88,359,000 4,172,000
SOUTHAMPTON ISLE OF WIGHT AND SOUTH OF ENGLAND ROYAL MAIL STEAM PACKET COMPANY LIMITED 12 BUGLE STREET, SOUTHAMPTON, HAMPSHIRE, SO14 2JY 00002404 2017-12-31 51,481,000 14,649,000 50200-Sea and coastal freight water transport
BLUE FUNNEL CRUISES LIMITED FERRY HOUSE, CANUTE ROAD, SOUTHAMPTON, SO14 3FJ 02850257 2016-09-30 644,507 0
TIGRESS SPORT LIMITED 62 UPHILL WAY, UPHILL, WESTON-SUPER-MARE, AVON, ENGLAND, BS23 4TN 09864580 2019-01-31 144,569 0
WIND ENERGY MARINE LIMITED COBALT BUSINESS EXCHANGE COBALT PARK WAY, WALLSEND, NEWCASTLE UPON TYNE, NE28 9NZ 10345840 2018-12-31 120,000 0
FLUSHING FERRY LIMITED COVE FARM, PERRANARWORTHAL, TRURO, ENGLAND, TR3 7NZ 05861381 2018-03-31 65,122 0
CAITHNESS SEACOAST LTD 29 WHITEHOUSE PARK, WICK, CAITHNESS, KW1 4NX SC291271 2017-12-31 37,574 0
GREEN MARINE TECHNOLOGIES LIMITED 16 TOOK'S COURT, TOOK'S COURT, LONDON, ENGLAND, EC4A 1LB 04090301 2017-10-31 24,000 0
FEARLESS LIMITED 4 BACK STREET, ABBOTSBURY, WEYMOUTH, DORSET, ENGLAND, DT3 4JP 05908903 2018-06-30 11,320 0
EAST LOTHIAN SEA FISHING LTD 11 LIGNIERES WAY, DUNBAR, EAST LOTHIAN, EH42 1FD SC371381 2018-01-31 8,655 0
SOUTH COAST YACHTING LTD 1 HAWTHORN GRANGE, RAMSGATE, ENGLAND, CT12 5FZ 07595815 2018-04-30 7,644 0
COMMONWEALTH ARGOSY LTD 4 PEMBERTON TERRACE, CAMBRIDGE, ENGLAND, CB2 1JA 08585001 2018-12-31 95 0 56210-Event catering activities
63990-Other information service activities not elsewhere classified
94110-Activities of business and employers membership organizations
CELTIC CRUISES LIMITED 2 THE PRECINCT, REST BAY, PORTHCAWL, WALES, CF36 3RF 04256055 2018-12-31 12 0
BLUE OCEAN ADVENTURES LTD 45 HIGH STREET, HAVERFORDWEST, SA61 2BP 09306954 2018-11-30 0 0
COMMONWEALTH NAVIGATION LTD 4 PEMBERTON TERRACE, CAMBRIDGE, ENGLAND, CB2 1JA 08655657 2018-12-31 0 0
DHARMA MARINE LIMITED FIRST FLOOR, TEMPLEBACK, 10 TEMPLE BACK, BRISTOL, ENGLAND, BS1 6FL 07976800 2018-03-31 0 0
FINANCE MANAGER SCOTLAND LTD MERIDIAN HOUSE HATTONBURN, CLYNDER, HELENSBURGH, ARGYLL AND BUTE, G84 0QL SC265882 2018-04-30 0 0 77341-Renting and leasing of passenger water transport equipment
MARINE AND RISK CONSULTANTS LIMITED MARICO HOUSE, BRAMSHAW, SOUTHAMPTON, HAMPSHIRE, SO43 7JB 03767859 2018-03-31 0 0 50200-Sea and coastal freight water transport
50300-Inland passenger water transport
50400-Inland freight water transport
MINARD MARINE SURVEYING AND CONSULTING LTD MINARD COTTAGE SCHOOL ROAD, RHU, HELENSBURGH, UNITED KINGDOM, G84 8RS SC569064 2019-06-30 0 0 74909-Other professional, scientific and technical activities not elsewhere classified
OCEAN SAILING LIMITED PORTSMOUTH TECHNOPOLE, KINGSTON CRESCENT, PORTSMOUTH, HAMPSHIRE, PO2 8FA 07474023 2018-12-31 0 0 77341-Renting and leasing of passenger water transport equipment
CITY CRUISES LIMITED CHERRY GARDEN PIER CHERRY GARDEN STREET, ROTHERHITHE, LONDON, SE16 4TU 00312286 0000-00-00 0 0 50300-Inland passenger water transport
RED FUNNEL LIMITED 12 BUGLE STREET, SOUTHAMPTON, HAMPSHIRE, ENGLAND, SO14 2JY 10823670 0000-00-00 0 0 50200-Sea and coastal freight water transport

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
STENA LINE LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.4% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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