Company Overview
Inchcape Shipping Services (Gibraltar) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 16 November 1922, so this is a well established company. Inchcape Shipping Services (Gibraltar) Limited has been in business for 103 years and 4 months. The accounts status is small and the accounts are next due on Wednesday 31 December 2025.
Registered Address

10 Lloyd's Avenue, London, EC3N 3AJ
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Companies House Data
Company NameINCHCAPE SHIPPING SERVICES (GIBRALTAR) LIMITED
Company Number00185767
Registered Office Address10 Lloyd's Avenue
 EC3N 3AJ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date16/11/1922
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/12/2023
Accounts Account CategorySMALL
Returns Next Due Date08/06/2017
Returns Last Made Up Date11/05/2016
Directors & Members
Show Resigned
Benjamin Harmstorf - Director
(German, 50 years old, born February 1976)
Appointed 22 December 2022
Active
Michael Walker - Director
(British, 41 years old, born September 1985)
Appointed 01 February 2021
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 1,928 1,928 1,950
Current Assets 734,940 734,940 718,253
Creditors Due Within One Year 509,632 509,632 496,656
Working Cap 225,308 225,308 221,597
Total Assets Less Current Liabilities 227,236 227,236 223,547
Long-term Liabilities 805,489 805,489 770,962
Net Assets -578,253 -578,253 -547,415
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -578,253 -578,253 -547,415
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 0.3% 0.3% 0.3%
Stocks Inventory - - -
Debtors 79.6% 79.6% 93.5%
Cash Bank In Hand 20.1% 20.1% 6.2%
Current Assets 99.7% 99.7% 99.7%
Creditors Due Within One Year 69.2% 69.2% 69.0%
Net Current Assets Liabilities 30.6% 30.6% 30.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -78.5% -78.5% -76.0%
Capital Employed - - -
Total Assets Less Current Liabilities 30.8% 30.8% 31.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Liquidity Ratio 1.4 1.4 1.4
Solvency Ratio 0.6 0.6 0.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Assets 736,868 736,868 720,203
Debt 1,315,121 1,315,121 1,267,618
Net Assets/Debt -578,253 -578,253 -547,415

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 2 December 2025 with no updates
Confirmation statement made on 10 February 2025 with no updates
Change of details for Iss Group Holdings Limited as a person with significant control on 7 February 2025
Registered office address changed from 60 Fenchurch Street London EC3M 4AD England to 10 Lloyd's Avenue London EC3N 3AJ on 7 February 2025
Change of details for Iss Group Holdings Limited as a person with significant control on 6 April 2016
Confirmation statement made on 11 May 2024 with no updates
Confirmation statement made on 11 May 2023 with no updates
Appointment of Mr Benjamin Harmstorf as a director on 22 December 2022
Director's details changed for Michael Walker on 1 December 2022
Termination of appointment of Frank Georg Opsahl Olsen as a director on 24 November 2022
Registered office address changed from 8th Floor, 60 Fenchurch Street London EC3M 4AD England to 60 Fenchurch Street London EC3M 4AD on 13 October 2022
Memorandum and Articles of Association
Confirmation statement made on 11 May 2022 with no updates
Termination of appointment of Beenadevi Mahabeer as a secretary on 7 March 2022
Change of details for Iss Group Holdings Limited as a person with significant control on 12 September 2017
Confirmation statement made on 11 May 2021 with no updates
Appointment of Michael Walker as a director on 1 February 2021
Termination of appointment of Xin Wei Austin as a director on 1 February 2021
Director's details changed for Ms Xin Wei Austin on 15 May 2020

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