WILHELMSEN LINES CAR CARRIERS LTD.

C/O JAMES COWPER KRESTON THE WHITE BUILDING, 1-4 CUMBERLAND PLACE, SOUTHAMPTON, HAMPSHIRE, SO15 2NP

Company Number: 05052221
Incorporation date: 23-Feb-2004
Status: Liquidation
Entity type: Private Limited Company

SIC codes:
50200 Sea and coastal freight water transport





SUMMARY

This company is 21 years old and is currently liquidation. It is controlled by multiple entities. The company has positive equity (net assets) of USD 320.3 million which has decreased from the previous year's figure of USD 343.5 million. The latest reported revenue figure is USD 133.6 million which is down -10% on the previous year. The company has 3 active officers (directors or partners) who are or were officers of 1 other company. 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-2019
Accounts Filed: FULL (31-Dec-2017)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2017 USD 133,558,000 50,591,000 1,596,000 18,249,000 153,000 33,785,000
31-Dec-2016 USD 144,728,000 29,808,000 2,178,000 16,302,000 158,000 15,526,000
31-Dec-2015 USD 186,923,000 56,687,000 4,189,000 25,606,000 229,000 32,041,000
31-Dec-2014 USD 179,248,000 34,650,000 7,463,000 25,268,000 232,000 16,613,000
31-Dec-2013 USD 218,668,000 40,893,000 9,025,000 25,313,000 279,000 24,326,000
31-Dec-2012 USD 278,569,000 97,477,000 7,049,000 41,600,000 307,000 62,619,000
31-Dec-2011 USD 255,411,000 74,104,000 10,278,000 43,010,000 357,000 41,015,000
31-Dec-2010 USD 190,020,000 17,401,000 11,815,000 46,317,000 -358,000 -15,061,000
31-Dec-2009 USD 135,939,000 -17,596,000 13,666,000 57,695,000 -254,000 -56,310,000
31-Dec-2008 USD 275,545,000 112,118,000 32,154,000 89,763,000 517,000 53,992,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2017 USD 3,864,000 18,715,000 44,127,000 91,609,000 228,713,000 320,322,000
31-Dec-2016 USD 3,843,000 17,345,000 52,118,000 91,609,000 251,928,000 343,537,000
31-Dec-2015 USD 2,000 29,436,000 21,679,000 91,609,000 391,902,000 483,511,000
31-Dec-2014 USD 16,494,000 8,927,000 15,000 393,861,000 393,876,000
31-Dec-2013 USD 180,000 18,846,000 363,710,000 15,000 413,248,000 413,263,000
31-Dec-2012 USD 11,000 49,443,000 15,000 16,000 17,000
31-Dec-2011 USD 21,000 32,991,000 23,511,000 594,509,000 271,640,000 25,180,000 296,820,000
31-Dec-2010 USD 2,255,000 35,484,000 18,441,000 641,622,000 271,640,000 38,165,000 309,805,000
31-Dec-2009 USD 174,000 26,551,000 699,084,000 254,440,000 53,226,000 307,666,000
31-Dec-2008 USD 26,690,000 124,764,000 1,918,000 109,536,000 111,454,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2015 USD 99.98% 91,594,000 15,000 91,609,000 45,811,000
31-Dec-2012 USD -1,810,833.33% -271,625,000 271,640,000 15,000 433,066,000
31-Dec-2010 USD 6.33% 17,200,000 254,440,000 271,640,000 932,178,500
31-Dec-2009 USD 99.25% 252,522,000 1,918,000 254,440,000 464,289,000
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Michael Ian COLEBOURN 12 Nov 2007 14 Apr 2016 British 0 - 1
Resigned Andrew WILLIAMSON 23 Feb 2004 12 Nov 2007 British 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Ole Kristian BAERVAHR 25 Jul 2017 Head Of Ship Owning & Planning Norwegian 1 - 01 (100.0%)
Active Paul Jeffrey REEVES 26 Apr 2017 Managing Director Wwl Uk British 1 - 01 (100.0%)
Active Sarah Jane WALSH 14 Apr 2016 Managing Director British 1 - 01 (100.0%)
Resigned Truls JENSEN 14 Apr 2016 07 Jul 2017 Vice President Group Finance & Accounting Norwegian 0 - 11 (100.0%)
Resigned Simon Wilson HUTT 12 Oct 2015 26 Apr 2017 General Manager British 0 - 74 (57.1%)
Resigned Ross Dennis FREEMAN 07 Nov 2013 31 Jul 2015 General Manager British 0 - 21 (50.0%)
Resigned Michael COLEBOURN 23 Nov 2011 14 Apr 2016 Managing Director British 0 - 11 (100.0%)
Resigned Jan Eyvin WANG 17 Aug 2010 14 Apr 2016 Director Norwegian 0 - 11 (100.0%)
Resigned Simon Wilson HUTT 15 Jun 2009 07 Nov 2013 Director British 0 - 74 (57.1%)
Resigned John Philip SPEAKMAN 18 Jun 2008 23 Nov 2011 Managing Director British 0 - 21 (50.0%)
Resigned Thomas WILHELMSEN 14 Mar 2007 17 Aug 2010 Company Director Norwegian 0 - 21 (50.0%)
Resigned James Niall William DENHOLM 14 Mar 2007 18 Jun 2008 Company Director British 5 - 2612 (38.7%)
Resigned Arild IVERSEN 21 Apr 2005 19 Mar 2007 Senior Vice President Norwegian 0 - 11 (100.0%)
Resigned Mark SUTCLIFFE 11 Nov 2004 24 Apr 2009 General Manager British 0 - 11 (100.0%)
Resigned SWIFT INCORPORATIONS LIMITED 23 Feb 2004 23 Feb 2004 5 - 9312940789 (43.8%)
Resigned Sjur GALTUNG 23 Feb 2004 21 Apr 2005 Deputy Group Chief Executive Norwegian 0 - 11 (100.0%)
Resigned Sven Anders Bertil PETERSSON 23 Feb 2004 19 Mar 2007 Managing Director Swedish 0 - 11 (100.0%)
Resigned Sian Elizabeth HEARD 23 Feb 2004 03 Nov 2004 Solicitor In Maritime Law British 1 - 21 (33.3%)
Resigned INSTANT COMPANIES LIMITED 23 Feb 2004 23 Feb 2004 7 - 3262315223 (46.7%)
Number of active directors: 3
Average tenure of active directors: 8.1 years
Average tenure of resigned directors: 2.4 years
Average active director Dissolution Rate: 100.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
WILHELMSEN LINES CAR CARRIERS LTD. (05052221) - Liquidation

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-02-232015-02-232014-02-232013-02-232012-02-23
WILHELMSEN LINES ASORDINARY58,679,501
100%
10,000
100%
10,000
100%
287,670,534
100%
178,206,128
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

WILHELMSEN LINES CAR CARRIERS LTD.

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
2018-07-01 2018-12-31 34 15% 12% 13876
2018-01-01 2018-06-30 41 6% 12% 2231


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 50200 Sea and coastal freight water transport)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
EVERGREEN MARINE (UK) LIMITED EVERGREEN HOUSE, 160 EUSTON ROAD, LONDON, NW1 2DX 01458897 2018-12-31 1,667,312,764 -43,528,735 52241-Cargo handling for water transport activities
52243-Cargo handling for land transport activities
CARNIVAL PLC CARNIVAL HOUSE, 100 HARBOUR PARADE, SOUTHAMPTON, HAMPSHIRE, UNITED KINGDOM, SO15 1ST 04039524 2017-11-30 1,174,000,000 33,000,000 70100-Activities of head offices
METHANE SERVICES LIMITED SHELL CENTRE, LONDON, UNITED KINGDOM, SE1 7NA 00737366 2017-12-31 1,140,551,000 -2,334,465,000
BG GAS MARKETING LTD SHELL CENTRE, LONDON, UNITED KINGDOM, SE1 7NA 04246096 2017-12-31 113,938,000 1,075,128,000
BP SHIPPING LIMITED CHERTSEY ROAD, SUNBURY ON THAMES, MIDDLESEX, TW16 7BP 00140132 2017-12-31 1,007,458,000 -109,336,000
INCHCAPE SHIPPING SERVICES HOLDINGS LIMITED 60 FENCHURCH STREET, LONDON, ENGLAND, EC3M 4AD 04980958 2017-12-31 667,800,000 10,900,000
CHEVRON INTERNATIONAL TANKSHIP LIMITED 1 WESTFERRY CIRCUS, CANARY WHARF, LONDON, E14 4HA 00485028 2017-12-31 639,495,000 4,991,000
CHEVRON TANKERS LIMITED 1 WESTFERRY CIRCUS, CANARY WHARF, LONDON, E14 4HA 03884970 2017-12-31 324,971,000 -3,345,000
E D & F MAN SHIPPING LIMITED 5 MARKET YARD MEWS, 194-204 BERMONDSEY STREET, LONDON, UNITED KINGDOM, SE1 3TQ 01770285 2018-09-30 249,058,000 8,736,000
BRAZIL SHIPPING I LIMITED SHELL CENTRE, LONDON, ENGLAND, SE1 7NA 07211438 2017-12-31 219,526,000 1,789,000
AFRICA EXPRESS LINE LIMITED 30 TOWER VIEW, KINGS HILL, WEST MALLING, ENGLAND, ME19 4UY 04296141 2017-12-31 148,133,448 10,497,190
WILHELMSEN LINES CAR CARRIERS LTD. C/O JAMES COWPER KRESTON THE WHITE BUILDING, 1-4 CUMBERLAND PLACE, SOUTHAMPTON, HAMPSHIRE, SO15 2NP 05052221 2017-12-31 133,558,000 33,785,000
PRINCESS INTERNATIONAL SALES AND SERVICE LTD 6 ATHENA COURT, ATHENA DRIVE TACHBROOK PARK, WARWICK, WARWICKSHIRE, CV34 6RT 00829659 2017-12-31 101,434,919 2,649,773
CHEVRON MARINE LIMITED 1 WESTFERRY CIRCUS, LONDON, E14 4HA 04572533 2017-12-31 71,459,000 153,000
PACCSHIP (UK) LIMITED 128 CITY ROAD, LONDON, UNITED KINGDOM, EC1V 2NX 04290071 2017-12-31 57,422,305 0
JAMES FISHER EVERARD LIMITED FISHER HOUSE, MICHAELSON ROAD, BARROW-IN-FURNESS, CUMBRIA, UNITED KINGDOM, LA14 1HR 00562707 2017-12-31 48,285,267 6,100,316
PORT OF SHEERNESS LIMITED MARITIME CENTRE, PORT OF LIVERPOOL, L21 1LA 02639118 2018-03-31 42,700,000 14,200,000
BOSTON PUTFORD OFFSHORE SAFETY LIMITED COLUMBUS BUILDINGS WAVENEY ROAD, LOWESTOFT, SUFFOLK, UNITED KINGDOM, NR32 1BN 00455971 2017-12-31 40,041,941 -1,501,859
M & S LOGISTICS LIMITED HOPE STREET CHAPEL, HOPE STREET, SANDBACH, CHESHIRE, CW11 1BA 03597897 2017-12-31 26,176,117 830,654
HOLYHEAD TOWING COMPANY LIMITED NEWRY BEACH YARD, HOLYHEAD, ANGLESEY, LL65 1YB 00871758 2018-03-31 17,891,729 0
JD CONTAINERLIFT HOLDINGS LIMITED GALLOP HOUSE, HASLER LANE, GREAT DUNMOW, ESSEX, CM6 1XS 08457615 2017-09-30 13,269,829 0
ISS GROUP HOLDINGS LIMITED 60 FENCHURCH STREET, LONDON, ENGLAND, EC3M 4AD 03650395 2016-11-27 11,081,000 -6,411,000
CETAS SHIPPING AND LOGISTICS LTD 39 PLEXAL, HERE EAST, QUEEN ELIZABETH OLYMPIC PARK, LONDON, ENGLAND, E20 3BS 04794260 2018-07-31 10,990,583 0 52290-Other transportation support activities
SPATIAL GLOBAL LIMITED 19-20 BOURNE COURT, SOUTHEND ROAD, WOODFORD GREEN, ESSEX, UNITED KINGDOM, IG8 8HD 01311235 2017-12-31 10,322,188 0 51210-Freight air transport
52103-Operation of warehousing and storage facilities for land transport activities
53100-Postal activities under universal service obligation
W.M. SHIPPING LIMITED SUITE A, VENTURA HOUSE, VENTURA PARK ROAD, TAMWORTH, STAFFORDSHIRE,, UNITED KINGDOM, B78 3LZ 02337432 2018-02-28 8,481,603 0
AVON SHIPPING LIMITED 5TH FLOOR, 248A MARYLEBONE ROAD, LONDON, NW1 6BB 06382291 2016-12-31 8,234,556 0
TURBINE TRANSFERS LIMITED NEWRY BEACH YARD, HOLYHEAD, ANGLESEY, WALES, LL65 1YB 06810857 2018-03-31 7,865,240 0
TRADEWAY NORTH WEST LIMITED TOWN END PLACE, 146 LOWTOWN, PUDSEY, WEST YORKSHIRE, ENGLAND, LS28 9AY 04911489 2018-02-28 6,412,839 0
A.B. PLANT SHIPPING LTD 1ST FLOOR, 5 TOWN QUAY, SOUTHAMPTON, HAMPSHIRE, ENGLAND, SO14 2AQ 02118674 2017-08-31 4,918,260 0
PARADISE EXPRESS SERVICES LTD 84 BISHOP MANOR ROAD, WESTBURY-ON-TRYM, BRISTOL, ENGLAND, BS10 5BA 07317958 2018-07-31 414,356 0
ANGLO FREIGHT (UK) LTD FRP ADVISORY TRADING LIMITED MOUNTBATTEN HOUSE, GROSVENOR SQUARE, SOUTHAMPTON, SO15 2RP 08818272 2017-12-31 385,144 0 51210-Freight air transport
LISCR (UK) LIMITED THE COURTYARD SHOREHAM ROAD, UPPER BEEDING, STEYNING, WEST SUSSEX, UNITED KINGDOM, BN44 3TN 03869864 2017-12-31 376,930 0
WEST COAST DEVELOPMENT SERVICES LIMITED MIKE GOULD, HOLYHEAD BOATYARD, NEWRY BEACH YARD, HOLYHEAD, ANGLESEY, WALES, LL65 1YB 04111846 2018-03-31 310,250 0
SMITHS PILOTAGE & CONSULTANCY LIMITED 2 TALLAND CLOSE, HARTLEPOOL, ENGLAND, TS27 3NB 08223999 2018-03-31 124,597 0
SERMARINE SHIPPING LTD BRITANNIA HOUSE, 11 GLENTHORNE ROAD, LONDON, W6 0LH 08935103 2018-03-31 122,030 0
TJR SHIPBROKERS LIMITED 61 STATION ROAD, SUDBURY, ENGLAND, CO10 2SP 07550728 2018-03-31 74,614 0
CPORTS LTD MR F M TODD, BLUEBRIDGE COACH HOUSE, COLCHESTER ROAD, HALSTEAD, ESSEX, CO9 1QG 06823243 2018-03-31 25,481 0
PAUL STANNEY MARINE CONSULTANCY LTD. 13 SHIRLEY CHURCH ROAD, CROYDON, SURREY, CR0 5EF 04141548 2019-01-31 23,200 0
SOLORSHIPPING LIMITED 34 EMBLETON WAY, BUCKINGHAM, ENGLAND, MK18 1FJ 08042677 2019-04-30 16,715 0
HAMBLE YACHT DELIVERY LIMITED 36 LODGE DRIVE, DIBDEN PURLIEU, SOUTHAMPTON, HAMPSHIRE, SO45 4LX 02173287 2018-03-31 6,645 0
COASTAL LEISURE LIMITED 1ST FLOOR CHILWORTH POINT, 1 CHILWORTH ROAD, SOUTHAMPTON, HAMPSHIRE, ENGLAND, SO16 7JQ 03214116 2017-09-30 4,346 0 96090-Other service activities not elsewhere classified
ALLIED SHIPPING COMPANY LTD 105 SAFFRON PLATT, GUILDFORD, SURREY, GU2 9XY 05038017 2018-02-28 1,450 0
DBZ SERVICES LIMITED LEONARD CURTIS HOUSE ELMS SQUARE BURY NEW ROAD, WHITEFIELD, GREATER MANCHESTER, M45 7TA 09713870 2018-08-31 0 0 51210-Freight air transport
GRF MARINE LTD 71-75 SHELTON STREET, COVENT GARDEN, LONDON, UNITED KINGDOM, WC2H 9JQ 09754528 2018-08-31 0 0
PERMA CONTAINER (UK) LINE LIMITED G & G C - CHARTERED ACCOUNTANTS, THE BUSINESS CENTRE, 758 GREAT CAMBRIDGE ROAD, ENFIELD, MIDDLESEX, EN1 3GN 04376927 2018-02-28 0 0
HOLYHEAD WORKBOATS LIMITED NEWRY, BEACH YARD, HOLYHEAD, ANGLESEY, LL65 1YB 07341750 0000-00-00 0 0
JAMES FISHER AND SONS PUBLIC LIMITED COMPANY FISHER HOUSE, MICHAELSON ROAD, BARROW-IN-FURNESS, CUMBRIA, UNITED KINGDOM, LA14 1HR 00211475 0000-00-00 0 0 70100-Activities of head offices
JAMES FISHER TANKSHIPS HOLDINGS LIMITED FISHER HOUSE, MICHAELSON ROAD, BARROW-IN-FURNESS, CUMBRIA, UNITED KINGDOM, LA14 1HR 01044203 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Liquidation. Statistically, such companies have a VERY HIGH 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
Company status 100.0% 99.4% 99.9% High
Other companies Active in the same sector 1.0% 2.3% 6.7% Medium
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% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
Do you have a dispute with a business?
Make it public