Ucc 5 Limited
Registered name: UCC 5 LIMITED
Part of Springfield Shipping Limited groupUcc 5 Limited made £9.1k revenue and a £503k loss in the year to 31 Dec 2023.
Ucc 5 Limited’s revenue fell 100% to £9.1k in the year to 31 Dec 2023, with a loss of £503k 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
- Location
- Wembley, London
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
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. From the filing: “The immediate parent company is Union Crude Carriers Holdings Limited. The smallest group of undertakings for which group financial statements have been drawn up is that headed by Union Crude Carriers”
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) | £7.9m | £9.1k |
| Cost of sales | £1.9m | £66.4k |
| Gross profit | £6m | −£57.2k |
| Operating profit | £18.6m | −£499k |
| Profit before tax | £18.2m | −£503k |
| Profit after tax | £18.2m | −£503k |
| Profit (best available) | £18.2m | −£503k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 230.6% | −5508% |
| Gross margin | 75.7% | −626.5% |
| Growth (year on year) | ||
| Revenue growth | — | ▼99.9% |
| Profit growth | — | ▼102.8% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £112k | £1.4k |
| Net assets | £534k | −£445k |
| Current assets | £1.2m | £225k |
| Debtors | £1.1m | £223k |
| Deferred income | £111k | £5.5k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- −5508%
- Profit ÷ revenue.
- Gross margin
- −626.5%
- 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
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 60.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2441%
- 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
- ▼183%
- Now −£445k
- Cash at bank
- ▼99%
- Now £1.4k
- Headcount
- —
- Now 0
- Deferred income
- ▼95%
- Now £5.5k
- Fixed assets
- —
- Now —
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 Limited50–75%
- Union Consortium Limited50–75%
- Union Crude Carriers Limited75–100%
- Union Crude Carriers Holdings Limited75–100%
- Ucc 5 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Ucc 1 LimitedActive - Proposal to Strike offRev. £0 · Profit −£11.7k
- Ucc 3 LimitedRev. −£465k · Profit −£385k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£503k), 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.