south coast furnishing company limited
south coast furnishing company limited Company Information
Company Number
00492645
Website
coastfurnishingsltd.comRegistered Address
15 station road, st. ives, PE27 5BH
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Renting and operating of Housing Association real estate
Telephone
02380660011
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
m & b green limited 50%
djs browne ltd 50%
south coast furnishing company limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH COAST FURNISHING COMPANY LIMITED at £2.9m based on a Turnover of £804k and 3.63x industry multiple (adjusted for size and gross margin).
south coast furnishing company limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH COAST FURNISHING COMPANY LIMITED at £0 based on an EBITDA of £-240.4k and a 7.58x industry multiple (adjusted for size and gross margin).
south coast furnishing company limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH COAST FURNISHING COMPANY LIMITED at £16.1m based on Net Assets of £9.8m and 1.63x industry multiple (adjusted for liquidity).
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South Coast Furnishing Company Limited Overview
South Coast Furnishing Company Limited is a live company located in st. ives, PE27 5BH with a Companies House number of 00492645. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 1951, it's largest shareholder is m & b green limited with a 50% stake. South Coast Furnishing Company Limited is a mature, small sized company, Pomanda has estimated its turnover at £804k with low growth in recent years.
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South Coast Furnishing Company Limited Health Check
Pomanda's financial health check has awarded South Coast Furnishing Company Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £804k, make it smaller than the average company (£1m)
- South Coast Furnishing Company Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a similar rate (2%)
- South Coast Furnishing Company Limited
2% - Industry AVG
Production
with a gross margin of 67%, this company has a comparable cost of product (67%)
- South Coast Furnishing Company Limited
67% - Industry AVG
Profitability
an operating margin of -29.9% make it less profitable than the average company (22.5%)
- South Coast Furnishing Company Limited
22.5% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - South Coast Furnishing Company Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.4k, the company has an equivalent pay structure (£33.4k)
- South Coast Furnishing Company Limited
£33.4k - Industry AVG
Efficiency
resulting in sales per employee of £201k, this is more efficient (£163.3k)
- South Coast Furnishing Company Limited
£163.3k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is later than average (26 days)
- South Coast Furnishing Company Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 209 days, this is slower than average (32 days)
- South Coast Furnishing Company Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- South Coast Furnishing Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 107 weeks, this is more cash available to meet short term requirements (16 weeks)
107 weeks - South Coast Furnishing Company Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.1%, this is a lower level of debt than the average (63.6%)
23.1% - South Coast Furnishing Company Limited
63.6% - Industry AVG
SOUTH COAST FURNISHING COMPANY LIMITED financials
South Coast Furnishing Company Limited's latest turnover from April 2023 is estimated at £804 thousand and the company has net assets of £9.8 million. According to their latest financial statements, South Coast Furnishing Company Limited has 4 employees and maintains cash reserves of £438.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 896,090 | 801,185 | 792,392 | |||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 121,181 | 285,972 | 210,126 | |||||||||||
| Interest Payable | 481 | 31,859 | 65,855 | |||||||||||
| Interest Receivable | 8,188 | 8,750 | 10,020 | |||||||||||
| Pre-Tax Profit | 121,181 | 662,863 | 154,321 | |||||||||||
| Tax | 46,319 | -7,331 | -29,377 | |||||||||||
| Profit After Tax | 167,500 | 655,532 | 124,944 | |||||||||||
| Dividends Paid | 0 | 900,000 | 120,000 | |||||||||||
| Retained Profit | 167,500 | -244,468 | 4,944 | |||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | ||||||
| EBITDA* | 121,401 | 286,231 | 210,430 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,641,053 | 10,641,151 | 7,693,001 | 9,192,537 | 1,060 | 1,246 | 1,466 | 1,724 | 7,554,595 | 7,554,952 | 7,555,373 | 13,298,421 | 15,180,858 | 15,181,318 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2 | 2 | 2 | 2 | 9,191,638 | 9,191,638 | 7,635,068 | 7,552,569 | 2 | 2 | 2 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,912,674 | 3,180,831 | 2,557,849 | 1 | 5,001 | 50,001 |
| Total Fixed Assets | 10,641,055 | 10,641,153 | 7,693,003 | 9,192,539 | 9,192,698 | 9,192,884 | 7,636,534 | 7,554,293 | 10,467,271 | 10,735,785 | 10,113,224 | 13,298,422 | 15,185,859 | 15,231,319 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 72,291 | 107,372 | 144,818 | 56,811 | 93,022 | 57,994 | 21,029 | 27,099 | 41,071 | 50,840 | 58,399 | 184,042 | 208,803 | 172,779 |
| Group Debtors | 1,548,014 | 1,575,145 | 1,602,129 | 2,028,845 | 1,570,723 | 1,662,870 | 1,505,144 | 3,194,942 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 86,775 | 1,853 | 41,295 | 17,041 | 41,364 | 26,631 | 22,285 | 20,842 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 438,463 | 749,388 | 2,295,715 | 875,731 | 1,402,950 | 169,691 | 243,246 | 150,959 | 449,778 | 339,586 | 336,445 | 248,268 | 252,139 | 72,527 |
| misc current assets | 0 | 0 | 17,514 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,145,543 | 2,433,758 | 4,101,471 | 2,978,428 | 3,108,059 | 1,917,186 | 1,791,704 | 3,393,842 | 490,849 | 390,426 | 394,844 | 432,310 | 460,942 | 245,306 |
| total assets | 12,786,598 | 13,074,911 | 11,794,474 | 12,170,967 | 12,300,757 | 11,110,070 | 9,428,238 | 10,948,135 | 10,958,120 | 11,126,211 | 10,508,068 | 13,730,732 | 15,646,801 | 15,476,625 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 98,074 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 152,464 | 158,526 | 159,897 | 220,358 | 191,794 | 60,674 | 58,874 | 57,047 | 566,176 | 1,066,000 | 810,486 | 738,627 | 737,706 | 685,792 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 59,336 | 50,871 | 28,035 | 49,307 | 49,039 | 430,963 | 402,963 | 489,837 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 211,800 | 209,397 | 237,932 | 269,665 | 240,833 | 491,637 | 461,837 | 644,958 | 566,176 | 1,066,000 | 810,486 | 738,627 | 737,706 | 685,792 |
| loans | 1,500,000 | 1,500,000 | 1,500,000 | 1,500,000 | 1,500,000 | 2,380,264 | 826,347 | 1,878,799 | 0 | 0 | 0 | 0 | 0 | 1,240,947 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,969,158 | 2,034,694 | 1,638,731 | 1,807,476 | 1,950,579 | 926,042 |
| provisions | 1,239,319 | 1,161,035 | 495,498 | 567,902 | 511,748 | 518,730 | 588,116 | 627,972 | 424 | 477 | 480 | 985 | 1,240 | 2,504 |
| total long term liabilities | 2,739,319 | 2,661,035 | 1,995,498 | 2,067,902 | 2,011,748 | 2,898,994 | 1,414,463 | 2,506,771 | 1,969,582 | 2,035,171 | 1,639,211 | 1,808,461 | 1,951,819 | 2,169,493 |
| total liabilities | 2,951,119 | 2,870,432 | 2,233,430 | 2,337,567 | 2,252,581 | 3,390,631 | 1,876,300 | 3,151,729 | 2,535,758 | 3,101,171 | 2,449,697 | 2,547,088 | 2,689,525 | 2,855,285 |
| net assets | 9,835,479 | 10,204,479 | 9,561,044 | 9,833,400 | 10,048,176 | 7,719,439 | 7,551,938 | 7,796,406 | 8,422,362 | 8,025,040 | 8,058,371 | 11,183,644 | 12,957,276 | 12,621,340 |
| total shareholders funds | 9,835,479 | 10,204,479 | 9,561,044 | 9,833,400 | 10,048,176 | 7,719,439 | 7,551,938 | 7,796,406 | 8,422,362 | 8,025,040 | 8,058,371 | 11,183,644 | 12,957,276 | 12,621,340 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 121,181 | 285,972 | 210,126 | |||||||||||
| Depreciation | 98 | 115 | 135 | 158 | 56 | 220 | 259 | 304 | 357 | 421 | 495 | 879 | 960 | 963 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 46,319 | -7,331 | -29,377 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 22,710 | -103,872 | -314,455 | 397,588 | -42,386 | 199,037 | -1,694,425 | 289,138 | -277,926 | 615,423 | 2,432,205 | -29,761 | -8,976 | 222,780 |
| Creditors | -6,062 | -1,371 | -60,461 | 28,564 | 131,120 | 1,800 | 1,827 | -509,129 | -499,824 | 255,514 | 71,859 | 921 | 51,914 | 685,792 |
| Accruals and Deferred Income | 8,465 | 22,836 | -21,272 | 268 | -381,924 | 28,000 | -86,874 | 489,837 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 78,284 | 665,537 | -72,404 | 56,154 | -6,982 | -69,386 | -39,856 | 627,548 | -53 | -3 | -505 | -255 | -1,264 | 2,504 |
| Cash flow from operations | -70,903 | 1,848,422 | 500,171 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | -9,191,636 | 0 | 1,556,570 | 82,499 | 7,552,567 | 0 | 0 | 2 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | -50,000 | 50,000 | 0 | 0 | 0 | -98,074 | 98,074 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -880,264 | 1,553,917 | -1,052,452 | 1,878,799 | 0 | 0 | 0 | 0 | -1,240,947 | 1,240,947 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,969,158 | -65,536 | 395,963 | -168,745 | -143,103 | 1,024,537 | 926,042 |
| share issue | ||||||||||||||
| interest | 7,707 | -23,109 | -55,835 | |||||||||||
| cash flow from financing | 1,561,625 | -1,173,635 | -679,020 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -310,925 | -1,546,327 | 1,419,984 | -527,219 | 1,233,259 | -73,555 | 92,287 | -298,819 | 110,192 | 3,141 | 88,177 | -3,871 | 179,612 | 72,527 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -310,925 | -1,546,327 | 1,419,984 | -527,219 | 1,233,259 | -73,555 | 92,287 | -298,819 | 110,192 | 3,141 | 88,177 | -3,871 | 179,612 | 72,527 |
south coast furnishing company limited Credit Report and Business Information
South Coast Furnishing Company Limited Competitor Analysis
Perform a competitor analysis for south coast furnishing company limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in PE27 area or any other competitors across 12 key performance metrics.
south coast furnishing company limited Ownership
SOUTH COAST FURNISHING COMPANY LIMITED group structure
South Coast Furnishing Company Limited has 2 subsidiary companies.
Ultimate parent company
SOUTH COAST FURNISHING COMPANY LIMITED
00492645
2 subsidiaries
south coast furnishing company limited directors
South Coast Furnishing Company Limited currently has 2 directors. The longest serving directors include Mrs Fruma Browne (May 1991) and Mr Michael Green (May 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Fruma Browne | United Kingdom | 77 years | May 1991 | - | Director |
| Mr Michael Green | United Kingdom | 78 years | May 1991 | - | Director |
P&L
April 2023turnover
804k
-20%
operating profit
-240.5k
0%
gross margin
67%
+1.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
9.8m
-0.04%
total assets
12.8m
-0.02%
cash
438.5k
-0.41%
net assets
Total assets minus all liabilities
south coast furnishing company limited company details
company number
00492645
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68201 - Renting and operating of Housing Association real estate
incorporation date
March 1951
age
73
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
April 2023
previous names
N/A
accountant
THOMAS QUINN
auditor
-
address
15 station road, st. ives, PE27 5BH
Bank
-
Legal Advisor
-
south coast furnishing company limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 12 charges/mortgages relating to south coast furnishing company limited. Currently there are 4 open charges and 8 have been satisfied in the past.
south coast furnishing company limited Companies House Filings - See Documents
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