B Crystal Limited
Registered name: B CRYSTAL LIMITED
Part of Springfield Shipping Limited groupB Crystal Limited made £5.2m revenue and £1.7m profit in the year to 31 Dec 2023.
B Crystal Limited’s revenue grew 63% to £5.2m in the year to 31 Dec 2023, with £1.7m profit and 0 employees. The company is classified under “sea and coastal freight water transport” and is based in Wembley; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Wembley, London
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £3.2m | £5.2m |
| Cost of sales | £424k | £479k |
| Gross profit | £2.8m | £4.8m |
| Operating profit | −£414k | £2.5m |
| Profit after tax | −£948k | £1.7m |
| Profit (best available) | −£948k | £1.7m |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −29.6% | 32.7% |
| Gross margin | 86.8% | 90.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▲63.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £151k | £120k |
| Net assets | £4.9m | £6.6m |
| Fixed assets | £12.9m | £0 |
| Current assets | £691k | £6.8m |
| Debtors | £0 | £801k |
| Deferred income | £53.3k | £221k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 32.7%
- Profit ÷ revenue.
- Gross margin
- 90.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.3%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲35%
- Now £6.6m
- Cash at bank
- ▼20%
- Now £120k
- Headcount
- —
- Now 0
- Deferred income
- ▲314%
- Now £221k
- Fixed assets
- ▼100%
- Now £0
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Springfield Shipping Limitedultimate parent50–75%
- Union Maritime Limited75–100%
- Marylebone Holdco Limited75–100%
- B Crystal Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Uml Wellington LimitedRev. £25.1m · Profit £27.9m
- Uml Ampleforth LimitedRev. £21.1m · Profit £23.2m
- Uml Westmore LimitedRev. £7.9m · Profit £2.4m
- Uml Picton LimitedRev. £7.7m · Profit £1.7m
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Casper Shipping LimitedMiddlesbrough · Sea and coastal freight water transport
- Revenue
- £5.5m
- Profit
- £422k
- Staff
- 51
- Senator International Freight Forwarding LimitedDerby · Sea and coastal freight water transport
- Revenue
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- Profit
- £314k
- Staff
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- Norbulk Shipping U.K. LimitedLondon · Sea and coastal freight water transport
- Revenue
- £3.5m
- Profit
- £377k
- Staff
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- Heidmar UK LimitedLondon · Sea and coastal freight water transport
- Revenue
- £3.3m
- Profit
- £288k
- Staff
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- GPS Marine Contractors LimitedRochester · Sea and coastal freight water transport
- Revenue
- £10.1m
- Profit
- £411k
- Staff
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- First Klass Shipping Specialist LtdBirmingham · Sea and coastal freight water transport
- Revenue
- £2.5m
- Profit
- £179k
- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £1.7m), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.