HIPPOCAMPUS MARINE LTD

C/O KEENAN CF 10TH FLOOR VICTORIA HOUSE, 15-17 GLOUCESTER STREET, BELFAST, ANTRIM, BT1 4LS

Previous name: ABCO MARINE LTD (changed on 04-Feb-2022)

Company Number: NI061604
Incorporation date: 01-Nov-2006
Status: In Administration
Entity type: Private Limited Company

SIC codes:
42910 Construction of water projects
42990 Construction of other civil engineering projects not elsewhere classified




SUMMARY

This company is 17.4 years old and is currently in administration. It is controlled by Abco Group Limited. The company has positive equity (net assets) of GBP 2.5 million which has increased from GBP 1.7 million in the previous year. The latest reported revenue figure is GBP 17.3 millionThe company has 3 active officers (directors or partners) who are or were officers of 9 other companies, 2 (22.2%) 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: 30-Apr-2022
Accounts Filed: FULL (30-Apr-2020)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
30-Apr-2019 GBP 17,295,982 1,113,636 37,740 181,329 894,567
30-Apr-2018 GBP 893,708
30-Apr-2017 GBP -410,100
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Apr-2019 GBP 10,251 8,399,740 7,492,424 43,900 80 20 2,507,402 2,507,502
30-Apr-2018 GBP 272,678 3,206,383 2,796,162 25,018 80 20 1,652,835 1,652,935
30-Apr-2017 GBP 257,439 2,496,903 2,544,475 80 20 809,127 809,227
30-Apr-2016 GBP 836,255 2,367,276 1,888,531 80 1,299,227 1,299,327
30-Apr-2013 GBP 1,205,198 2,009,175 1,456,662 148,102 100 1,641,159 1,641,259
30-Apr-2012 GBP 5,166 724,653 714,761 330,426 100 1,042,073 1,042,173

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
30-Apr-2016 GBP -25.00% -20 100 80 -946,586
* 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)
Active John Vincent Paul OSBORNE 11 Nov 2008 29 Mar 2024 Northern Irish 3 - 3
Resigned SYBAN LTD 01 Nov 2006 11 Nov 2008 65 - 245
Resigned Dorothy May KANE 01 Nov 2006 01 Nov 2006 British 0 - 5191

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Ryan Christopher MCDERMOTT 27 Aug 2018 Health And Safety Director Irish 3 - 22 (40.0%)
Active John MCGILL 27 Aug 2018 Director Irish 4 - 23 (50.0%)
Resigned Niall MC GILL 02 Nov 2008 05 Jun 2014 Marine Construction British 0 - 11 (100.0%)
Active Brendan Hugh OSBORNE 01 Dec 2007 Diver Northern Irish 2 - 11 (33.3%)
Active John Vincent Paul OSBORNE 01 Dec 2007 Diver Northern Irish 3 - 32 (33.3%)
Resigned James Geoffrey FALCONER 01 Nov 2006 01 Dec 2007 Accountant British 8 - 8338 (41.8%)
Number of active directors: 4
Average tenure of active directors: 11.0 years
Average tenure of resigned directors: 3.3 years
Average active director Dissolution Rate: 39.2%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
ABCO DIVERS LIMITED (NI034038) - Active
BELFRY PROPERTIES AND PLANT LIMITED (NI047630) - Active
HIPPOCAMPUS MARINE LTD (NI061604) - In Administration
LARCHVILLE LIMITED (NI611215) - Active
HIPPOCAMPUS NEARSHORE LIMITED (NI638401) - In Administration
JOY 10 LTD (NI664969) - Dissolved
NEAR SHORE SURVEY (NSS) LTD (NI666040) - Active
CABLE LANDFALL SUPPORT LIMITED (NI667950) - Active
ABCO MARINE SERVICES LTD (NI670545) - Active
LAKE CONSULTANCY AND TRAINING LIMITED (NI670794) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2017-11-012015-11-012014-11-012013-11-012012-11-01
ABCO GROUP LIMITEDORDINARY80
100%
0
0%
0
0%
0
0%
0
0%
JOHN OSBORNEORDINARY0
0%
40
50%
40
50%
40
40%
40
40%
BRENDAN OSBORNEORDINARY0
0%
40
50%
40
50%
40
40%
40
40%
NIALL MC GILLORDINARY0
0%
0
0%
0
0%
20
20%
20
20%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

HIPPOCAMPUS MARINE LTD

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 42910 Construction of water projects)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
CLANCY DOCWRA LIMITED CLARE HOUSE, COPPERMILL LANE, HAREFIELD, UXBRIDGE, MIDDLESEX,, UNITED KINGDOM, UB9 6HZ 00432242 2018-03-31 263,783,368 3,370,009
STANTEC TREATMENT LIMITED SPRING LODGE 172 CHESTER ROAD, HELSBY, CHESHIRE, ENGLAND, WA6 0AR 01535477 2017-12-31 207,347,000 -13,859,000 43999-Other specialised construction activities not elsewhere classified
BARHALE LIMITED BARHALE HOUSE, BESCOT CRESCENT, WALSALL, WEST MIDLANDS, WS1 4NN 01268005 2018-06-30 179,445,000 2,015,000
BLACK & VEATCH LIMITED SPRING LODGE, 172, CHESTER ROAD, HELSBY, CHESHIRE, UNITED KINGDOM, WA6 0AR 03163649 2017-12-31 163,123,000 6,362,000 71121-Engineering design activities for industrial process and production
71122-Engineering related scientific and technical consulting activities
74901-Environmental consulting activities
J.BROWNE CONSTRUCTION COMPANY LIMITED 3175 CENTURY WAY, THORPE PARK, LEEDS, ENGLAND, LS15 8ZB 01000440 2018-03-31 36,242,548 0 43999-Other specialised construction activities not elsewhere classified
82990-Other business support service activities not elsewhere classified
CAPPAGH BROWNE LIMITED CAPPAGH HOUSE, WATERSIDE WAY, WIMBLEDON, LONDON, SW17 0HB 07449841 2018-03-31 35,324,274 0
J BROWNE DEVELOPER SERVICES LIMITED 3175 CENTURY WAY, THORPE PARK, LEEDS, ENGLAND, LS15 8ZB 09077652 2018-03-31 3,000,593 0 43999-Other specialised construction activities not elsewhere classified
82990-Other business support service activities not elsewhere classified
FAIRWEATHER UTILITY SERVICES LIMITED 39 HIGHVIEW AVENUE, CLACTON ON SEA, ESSEX, UNITED KINGDOM, CO15 4DX 09450111 2018-02-28 202,591 0
IMPERIAL KOI & CONSTRUCTION LIMITED 23 CHURCH STREET, RICKMANSWORTH, WD3 1DE 08795806 2019-01-31 175,392 0
ULLSWATER DESIGN LIMITED 328 LEACH LANE, SUTTON LEACH, ST HELENS, MERSEYSIDE, WA9 4PQ 03562160 2019-03-31 62,275 0
CAREY SHARMAN LIMITED TRAFFORD BANK WARRINGTON ROAD, MICKLE TRAFFORD, CHESTER, CHESHIRE, CH2 4ED 07684620 2018-06-30 55,574 0
MC COOL PLUMBING LTD 110A 110A MORDEN ROAD, LONDON, ENGLAND, SW19 3BP 09073126 2018-06-30 52,221 0
GLEESON SUPPORT SERVICES LTD 31 WEST STREET, SWADLINCOTE, ENGLAND, DE11 9DN 09417305 2018-02-28 49,405 0
OPUS LANARK LIMITED 18 LAKE AVENUE, LANARK, SCOTLAND, ML11 9BQ SC498925 2018-02-28 46,160 0 43210-Electrical installation
71121-Engineering design activities for industrial process and production
82110-Combined office administrative service activities
PGB RIGGING LTD. 39 PITFOUR ROAD, GLENCARSE, PERTHSHIRE, SCOTLAND, PH2 7NG SC504879 2018-05-31 23,895 0
K. B. SURVEYS LIMITED 6 WALTON PARK, PANNAL, HARROGATE, NORTH YORKSHIRE, HG3 1EJ 08847090 2018-01-31 16,474 0
BROADWATER ENVIRONMENTAL SERVICES LIMITED WEST MEAD, RATTERY, SOUTH BRENT, DEVON, TQ10 9LF 03531087 2018-03-31 300 0
QUISSANGA LIMITED UNIT 5D BLACKNEST INDUSTRIAL PARK, BLACKNEST, ALTON, HAMPSHIRE, ENGLAND, GU34 4PX 06264619 2018-05-31 0 0
SUSTAINABLE WATER ORGANIZATION LTD. THE INGENUITY LAB INGENUITY CENTRE TRIUMPH RD, NOTTINGHAM UNIVERSITY BUSINESS SCHOOL, ROOM C16, NOTTINGHAM, UNITED KINGDOM, NG7 2TU 10758513 2018-05-31 0 0 74100-specialised design activities
88990-Other social work activities without accommodation not elsewhere classified
BARHALE HOLDINGS PLC BARHALE HOUSE, BESCOTT CRESCENT, WALSALL, WEST MIDLANDS, ENGLAND, WS1 4NN 10829369 0000-00-00 0 0
CAPPAGH CONTRACTORS CONSTRUCTION (LONDON) LIMITED CAPPAGH HOUSE, WATERSIDE WAY, WIMBLEDON, LONDON, SW17 7AB 01145372 0000-00-00 0 0 42990-Construction of other civil engineering projects not elsewhere classified
MWH UK ACQUISITIONS LIMITED SPRING LODGE 172 CHESTER ROAD, HELSBY, CHESHIRE, ENGLAND, WA6 0AR 11652932 0000-00-00 0 0 43999-Other specialised construction activities not elsewhere classified

LIQUIDATION RISK (BETA)



This company is In Administration. 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 99.8% 99.8% 99.4% High
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 1.8% 3.8% 7.0% Medium
Sic code count 0.8% 3.8% 7.5% Medium
Do you have a dispute with a business?
Make it public