SAGA CRUISES LIMITED

3 PANCRAS SQUARE, LONDON, N1C 4AG

Previous name: ACROMAS SHIPPING LIMITED (changed on 29-Jun-2016)
Previous name: SAGA SHIPPING COMPANY LIMITED (changed on 10-Feb-2009)

Company Number: 03267858
Incorporation date: 24-Oct-1996
Status: Active
Entity type: Private Limited Company

SIC codes:
50100 Sea and coastal passenger water transport





SUMMARY

This company is 27.6 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 46.6 million which has decreased from the previous year's figure of GBP 48.2 million. The latest reported revenue figure is GBP 96.6 million which is up 10% on previous year's figure of GBP 88.4 million. The company has 6 active officers (directors or partners) who are or were officers of 38 other companies, 1 (2.6%) of which have since been dissolved or are proposed for strike off. 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: 31-Oct-2024
Accounts Filed: FULL (31-Jan-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Jan-2019 GBP 96,630,000 961,000 5,256,000
31-Jan-2018 GBP 88,359,000 3,756,000 956,000 5,128,000
31-Jan-2017 GBP 81,892,000 867,000 1,293,000 5,897,000
31-Jan-2016 GBP 86,214,000 7,155,000 1,644,000 8,586,000
31-Jan-2015 GBP 83,995,000 631,000 2,317,000
31-Jan-2014 GBP 109,584,000 14,000
31-Jan-2013 GBP 101,712,000 4,104,000 -12,816,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Jan-2019 GBP 1,545,000 96,909,000 45,997,000 1,153,000 7,000,000 21,551,000 46,628,000
31-Jan-2018 GBP 1,068,000 101,665,000 48,791,000 298,000 7,000,000 17,043,000 48,202,000
31-Jan-2017 GBP 765,000 99,282,000 40,371,000 18,000 7,000,000 12,871,000 52,528,000
31-Jan-2016 GBP 565,000 68,532,000 41,433,000 765,000 7,000,000 8,267,000 24,077,000
31-Jan-2015 GBP 697,000 53,359,000 41,437,000 7,000,000 4,903,000 11,922,000
31-Jan-2014 GBP 604,000 49,908,000 40,322,000 7,000,000 2,586,000
31-Jan-2013 GBP 1,572,000 60,808,000 51,198,000 7,000,000 2,713,000

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 Donna Louise KEMPSTER 14 Oct 2022 25 May 2024 1 - 0
Resigned Victoria HAYNES 31 Jul 2013 14 Oct 2022 British 17 - 286
Resigned Andrew Paul STRINGER 17 Aug 2012 31 Jul 2013 0 - 1
Resigned John DAVIES 11 Dec 2006 17 Aug 2012 Company Secretary British 0 - 128
Resigned Robert James SCOTT 31 Mar 2005 12 Dec 2006 1 - 94
Resigned Stuart Michael HOWARD 26 Oct 2004 30 Mar 2005 1 - 315
Resigned Richard John FRASER 09 Jan 1997 26 Oct 2004 Accountant British 0 - 59

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Mark WATKINS 21 Mar 2024 Chartered Accountant British 9 - 262 (5.7%)
Active Michael Robert HAZELL 19 Oct 2023 Company Director British 7 - 00 (0.0%)
Active Ian SIMKINS 12 Sep 2022 Company Director British 1 - 00 (0.0%)
Resigned Ian SIMKINS 12 Sep 2022 31 Jan 2024 Company Director British 2 - 228 (33.3%)
Active Andrew Joseph HARWOOD 18 Mar 2022 Director British 6 - 31 (11.1%)
Active Frances Charlotte COLLINS 13 Jan 2022 Company Director British 8 - 10 (0.0%)
Resigned Mark WATKINS 21 Jan 2021 18 Mar 2022 Chartered Accountant British 9 - 262 (5.7%)
Resigned Nick Charles STACE 03 Dec 2020 31 Jan 2022 Company Director British 0 - 50 (0.0%)
Active Nigel Owen BLANKS 01 Oct 2020 Company Director British 6 - 11 (14.3%)
Resigned Euan Angus SUTHERLAND 23 Mar 2020 28 Nov 2023 Company Director British 11 - 274 (10.5%)
Resigned Euan Angus SUTHERLAND 23 Mar 2020 28 Nov 2023 Company Director British 0 - 274 (14.8%)
Resigned James Barrington QUIN 22 Jan 2019 19 Oct 2023 Company Director British 0 - 230 (0.0%)
Resigned Stephen Adrian JENKINS 19 Sep 2018 08 Jan 2021 Company Director British 0 - 15450 (32.5%)
Resigned Richard Jakod VOGEL 24 May 2016 31 Dec 2017 Company Director German 0 - 10 (0.0%)
Resigned Jonathan Stanley HILL 25 Jan 2016 28 Sep 2018 Company Director Irish 0 - 7811 (14.1%)
Resigned Lance Henry Lowe, Hon Captain BATCHELOR 01 Jan 2016 28 Feb 2020 Group Chief Executive British 1 - 222 (8.7%)
Resigned Alan Charles DONALD 22 Sep 2014 17 Aug 2018 Director British 1 - 4121 (50.0%)
Resigned Richard Gray MEIKLE 05 Dec 2013 31 Oct 2015 Fleet Director British 0 - 61 (16.7%)
Resigned Andrew Jonathan Peter STRONG 01 Dec 2013 01 Dec 2017 Company Director British 14 - 10747 (38.8%)
Resigned Thomas ALLAN 27 Jan 2012 13 Jan 2022 International Maritime Consultant British 1 - 11 (50.0%)
Resigned Peter Robin SHAW 20 Apr 2010 25 Jun 2020 Company Director British 2 - 302 (6.3%)
Resigned Susan Mary HOOPER 06 May 2009 29 Nov 2013 Chief Executive British 2 - 273 (10.3%)
Resigned Peter FETTEN 02 Feb 2009 14 Dec 2009 Non-Executive Director German 0 - 10 (0.0%)
Resigned Ian Grant Lake COGHLAN 19 Sep 2008 16 Apr 2010 Company Director British 0 - 93 (33.3%)
Resigned Grant LAVERSUCH 01 Mar 2003 05 Apr 2013 Operations Director British 0 - 71 (14.3%)
Resigned David Sargeant EVANS 01 Mar 2003 03 Feb 2012 Technical Director British 0 - 30 (0.0%)
Resigned James Ian DUGUID 08 Mar 1999 05 Dec 2013 Company Director British 6 - 91 (6.7%)
Resigned Arthur Ross Warden FURLONG 16 Sep 1998 09 Feb 2015 Hotelier British 0 - 10 (0.0%)
Resigned Rodney CLENCH 01 Aug 1997 23 Apr 2008 Company Director British 0 - 50 (0.0%)
Resigned Ted Lewis SYKES 09 Jan 1997 14 Sep 1998 Company Director Usa 0 - 20 (0.0%)
Resigned Ronald CONOLLY 13 Dec 1996 15 Oct 2004 Director British 0 - 20 (0.0%)
Resigned TSD NOMINEES LIMITED 24 Oct 1996 13 Dec 1996 0 - 223105 (47.1%)
Resigned TSD SECRETARIES LIMITED 24 Oct 1996 09 Jan 1997 0 - 16376 (46.6%)
Number of active directors: 6
Average tenure of active directors: 1.8 years
Average tenure of resigned directors: 5.0 years
Average active director Dissolution Rate: 5.2%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
SOUTHAMPTON ISLE OF WIGHT AND SOUTH OF ENGLAND ROYAL MAIL STEAM PACKET COMPANY LIMITED (00002404) - Active
SAGA GROUP LIMITED (00638891) - Active
ST&H GROUP LIMITED (00720588) - Active
SAGA CRUISES II LIMITED (00926444) - Active
ISLE OF WIGHT CHAMBER OF COMMERCE (01150487) - Active
ST&H LIMITED (02174052) - Active
CUSTOMERKNECT LIMITED (02289304) - Active
PATRICIA WHITE'S PERSONAL HOME CARE LIMITED (02344555) - Active
SAGA LEISURE LIMITED (02421829) - Active
DRIVELINE EUROPE LIMITED (02554477) - Active
SAGA CRUISES LIMITED (03267858) - Active
RED FUNNEL (PENSION TRUSTEES) LIMITED (03322292) - Active
COUNTRY COUSINS (HORSHAM) LIMITED (03625920) - Active
DRIVELINE TRAVEL LIMITED (04637231) - Active
SAGA CRUISES I LIMITED (04734182) - Active
ISLE OF WIGHT HOLIDAYS LIMITED (05349642) - Active
SPIRIT OF ADVENTURE LIMITED (05671806) - Active
STEAM COFFEE COMPANY LIMITED (05812344) - Active
FALCON ACQUISITIONS LIMITED (06238324) - Active
DRIVELINE GROUP LIMITED (06263309) - Active
SAGA HOLIDAYS LIMITED (06372714) - Active
SAGA SHIPPING COMPANY LIMITED (06372747) - Active
TITAN TRANSPORT LIMITED (06372780) - Active
SAGA CRUISES III LIMITED (06564417) - Active
SAGA CRUISES IV LIMITED (07397446) - Liquidation
SAGA CRUISES BDF LIMITED (07417975) - Active
THE BIG WINDOW CONSULTING LIMITED (07787626) - Active
SAGA MID CO LIMITED (08804262) - Active
SAGA PLC (08804263) - Active
SAGA HEALTHCARE LIMITED (09216699) - Liquidation
SAGA RETIREMENT VILLAGES LIMITED (09377862) - Active
SAGA CRUISES V LIMITED (09839927) - Active
SAGA CRUISES VI LIMITED (09841297) - Active
HYTHE AND SOUTHAMPTON FERRY COMPANY LIMITED (10601286) - Active
RED FUNNEL LIMITED (10823670) - Active
BENNETTS MOTORCYCLING SERVICES LIMITED (11453343) - Active
SAGA CREWING SERVICES LIMITED (11763463) - Active
COUNTRY COUSINS HOMECARE AGENCIES LTD (12087784) - Active
SAGA TRAVEL GROUP (UK) LIMITED (12102155) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2021-03-292020-03-232016-07-062015-07-062014-07-06
ST&H GROUP LIMITEDORDINARY7,009,075
100%
7,000,000
100%
0
0%
0
0%
0
0%
ST&H LIMITEDORDINARY0
0%
0
0%
7,000,000
100%
0
0%
0
0%
ACROMAS HOLIDAYS LIMITEDORDINARY0
0%
0
0%
0
0%
7,000,000
100%
7,000,000
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2016-10-252016-10-222016-10-052016-07-20
SAGA CRUISES LIMITEDORDINARY1
100%
1
100%
1
100%
1
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SAGA CRUISES LIMITED

Controlled companies below

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
2023-08-01 2024-01-31 26 5% 28% 82243
2023-02-01 2023-07-31 22 4% 19% 76022
2022-08-01 2023-01-31 24 7% 20% 69157
2022-02-01 2022-07-31 38 7% 33% 62731
2021-08-01 2022-01-31 13 5% 22% 56264
2021-02-01 2021-07-31 11 2% 5% 49585
2020-08-01 2021-01-31 18 5% 16% 42829
2020-02-01 2020-07-31 24 1% 16% 36077
2019-08-01 2020-01-31 15 1% 24% 29225
2019-02-01 2019-07-31 10 0% 8% 21420
2018-08-01 2019-01-31 15 1% 25% 13581
2018-02-01 2018-07-31 15 1% 28% 6664


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
SAGA CRUISES LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.2% 6.7% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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