minorca sailing holidays limited
minorca sailing holidays limited Company Information
Company Number
01379446
Website
www.minorcasailing.co.ukRegistered Address
58 kew road, richmond, surrey, TW9 2PQ
Industry
Tour operator activities
Telephone
02089482106
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
standard chartered nominees (c.i.) ltd 99%
hazel ann taylor 1%
minorca sailing holidays limited Estimated Valuation
Pomanda estimates the enterprise value of MINORCA SAILING HOLIDAYS LIMITED at £775.2k based on a Turnover of £1.6m and 0.49x industry multiple (adjusted for size and gross margin).
minorca sailing holidays limited Estimated Valuation
Pomanda estimates the enterprise value of MINORCA SAILING HOLIDAYS LIMITED at £0 based on an EBITDA of £-102k and a 4.05x industry multiple (adjusted for size and gross margin).
minorca sailing holidays limited Estimated Valuation
Pomanda estimates the enterprise value of MINORCA SAILING HOLIDAYS LIMITED at £171k based on Net Assets of £78.2k and 2.19x industry multiple (adjusted for liquidity).
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Minorca Sailing Holidays Limited Overview
Minorca Sailing Holidays Limited is a live company located in surrey, TW9 2PQ with a Companies House number of 01379446. It operates in the tour operator activities sector, SIC Code 79120. Founded in July 1978, it's largest shareholder is standard chartered nominees (c.i.) ltd with a 99% stake. Minorca Sailing Holidays Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.
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Minorca Sailing Holidays Limited Health Check
Pomanda's financial health check has awarded Minorca Sailing Holidays Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
4 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£11.1m)
- Minorca Sailing Holidays Limited
£11.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (-2%)
- Minorca Sailing Holidays Limited
-2% - Industry AVG
Production
with a gross margin of 20%, this company has a comparable cost of product (20%)
- Minorca Sailing Holidays Limited
20% - Industry AVG
Profitability
an operating margin of -6.8% make it less profitable than the average company (2.3%)
- Minorca Sailing Holidays Limited
2.3% - Industry AVG
Employees
with 4 employees, this is below the industry average (34)
4 - Minorca Sailing Holidays Limited
34 - Industry AVG
Pay Structure
on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)
- Minorca Sailing Holidays Limited
£43.6k - Industry AVG
Efficiency
resulting in sales per employee of £397.8k, this is equally as efficient (£397.8k)
- Minorca Sailing Holidays Limited
£397.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Minorca Sailing Holidays Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Minorca Sailing Holidays Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Minorca Sailing Holidays Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (22 weeks)
48 weeks - Minorca Sailing Holidays Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.3%, this is a similar level of debt than the average (83.2%)
77.3% - Minorca Sailing Holidays Limited
83.2% - Industry AVG
minorca sailing holidays limited Credit Report and Business Information
Minorca Sailing Holidays Limited Competitor Analysis
Perform a competitor analysis for minorca sailing holidays limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
minorca sailing holidays limited Ownership
MINORCA SAILING HOLIDAYS LIMITED group structure
Minorca Sailing Holidays Limited has 1 subsidiary company.
Ultimate parent company
MINORCA SAILING HOLIDAYS LIMITED
01379446
1 subsidiary
minorca sailing holidays limited directors
Minorca Sailing Holidays Limited currently has 2 directors. The longest serving directors include Mrs Fay Knight (Feb 2015) and Mrs Sarah Gregorowski (Feb 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Fay Knight | 46 years | Feb 2015 | - | Director | |
| Mrs Sarah Gregorowski | 43 years | Feb 2015 | - | Director |
MINORCA SAILING HOLIDAYS LIMITED financials
Minorca Sailing Holidays Limited's latest turnover from November 2023 is estimated at £1.6 million and the company has net assets of £78.2 thousand. According to their latest financial statements, Minorca Sailing Holidays Limited has 4 employees and maintains cash reserves of £224 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,506,128 | 1,593,801 | 1,722,943 | 1,769,691 | |||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 1,267,042 | 1,335,901 | 1,493,571 | 1,434,212 | |||||||||||
| Gross Profit | 239,086 | 257,900 | 229,372 | 335,479 | |||||||||||
| Admin Expenses | 237,943 | 255,119 | 226,342 | 224,920 | |||||||||||
| Operating Profit | 1,143 | 2,781 | 3,030 | 110,559 | |||||||||||
| Interest Payable | 0 | 200 | 588 | 4,145 | |||||||||||
| Interest Receivable | 2,255 | 1,713 | 731 | 1,018 | |||||||||||
| Pre-Tax Profit | 3,398 | 4,294 | 4,349 | 115,722 | |||||||||||
| Tax | -1,667 | -1,332 | -1,332 | -24,593 | |||||||||||
| Profit After Tax | 1,731 | 2,962 | 3,017 | 91,129 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | |||||||||||
| Retained Profit | 1,731 | 2,962 | 3,017 | 91,129 | |||||||||||
| Employee Costs | 134,065 | 132,573 | |||||||||||||
| Number Of Employees | 4 | 4 | 4 | 3 | 3 | 3 | 3 | ||||||||
| EBITDA* | 11,201 | 14,665 | 11,857 | 120,538 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 90,316 | 95,559 | 101,770 | 108,487 | 116,458 | 124,807 | 118,952 | 124,626 | 134,217 | 122,025 | 129,334 | 137,830 | 145,557 | 157,346 | 158,796 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 2,000 | 0 | 2,000 | 0 | 0 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 90,316 | 95,559 | 101,770 | 110,487 | 116,458 | 126,807 | 118,952 | 124,626 | 136,217 | 124,025 | 131,334 | 139,830 | 147,557 | 159,346 | 160,796 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 130,420 | 94,121 | 94,969 | 104,952 | 53,272 | 92,137 | 79,280 | 77,487 | 144,390 | 188,796 | 154,684 | 222,350 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 29,690 | 7,407 | 5,268 | 36,431 | 62,815 | 63,117 | 68,209 | 59,916 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 223,981 | 254,384 | 289,060 | 200,201 | 407,071 | 451,515 | 550,509 | 521,716 | 556,384 | 486,193 | 411,604 | 290,283 | 262,632 | 495,861 | 224,801 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 253,671 | 261,791 | 294,328 | 367,052 | 564,007 | 609,601 | 723,670 | 636,904 | 648,521 | 565,473 | 489,091 | 434,673 | 451,428 | 650,545 | 447,151 |
| total assets | 343,987 | 357,350 | 396,098 | 477,539 | 680,465 | 736,408 | 842,622 | 761,530 | 784,738 | 689,498 | 620,425 | 574,503 | 598,985 | 809,891 | 607,947 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 9,915 | 9,660 | 6,311 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 283,310 | 211,842 | 139,865 | 99,271 | 135,980 | 348,389 | 127,342 |
| Group/Directors Accounts | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 2,000 | 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 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 231,787 | 135,361 | 168,744 | 212,556 | 80,198 | 135,872 | 247,048 | 166,973 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 241,702 | 145,021 | 175,055 | 214,556 | 80,198 | 137,872 | 247,048 | 168,973 | 283,310 | 211,842 | 139,865 | 99,271 | 135,980 | 348,389 | 127,342 |
| loans | 24,113 | 34,042 | 43,689 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 24,113 | 34,042 | 43,689 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 265,815 | 179,063 | 218,744 | 214,556 | 80,198 | 137,872 | 247,048 | 168,973 | 283,310 | 211,842 | 139,865 | 99,271 | 135,980 | 348,389 | 127,342 |
| net assets | 78,172 | 178,287 | 177,354 | 262,983 | 600,267 | 598,536 | 595,574 | 592,557 | 501,428 | 477,656 | 480,560 | 475,232 | 463,005 | 461,502 | 480,605 |
| total shareholders funds | 78,172 | 178,287 | 177,354 | 262,983 | 600,267 | 598,536 | 595,574 | 592,557 | 501,428 | 477,656 | 480,560 | 475,232 | 463,005 | 461,502 | 480,605 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,143 | 2,781 | 3,030 | 110,559 | |||||||||||
| Depreciation | 5,792 | 6,423 | 7,366 | 10,058 | 11,884 | 8,827 | 9,979 | 12,046 | 7,138 | 8,496 | 10,130 | 11,847 | 9,569 | 14,053 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,667 | -1,332 | -1,332 | -24,593 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 22,283 | 2,139 | -161,583 | 9,915 | -1,150 | -15,075 | 57,973 | 23,051 | 12,857 | 1,793 | -66,903 | -44,406 | 34,112 | -67,666 | 222,350 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -283,310 | 71,468 | 71,977 | 40,594 | -36,709 | -212,409 | 221,047 | 127,342 |
| Accruals and Deferred Income | 96,426 | -33,383 | -43,812 | 132,358 | -55,674 | -111,176 | 80,075 | 166,973 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -44,990 | -82,768 | 32,627 | -43,443 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 19,250 | 0 | 0 | |||||||||||
| Change in Investments | 0 | 0 | -2,000 | 2,000 | -2,000 | 2,000 | 0 | -2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 |
| cash flow from investments | 2,000 | 17,250 | 0 | 2,000 | |||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 255 | 3,349 | 6,311 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -2,000 | 2,000 | 0 | 0 | -2,000 | 2,000 | 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 | 0 |
| Long term loans | -9,929 | -9,647 | 43,689 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 2,255 | 1,513 | 143 | -3,127 | |||||||||||
| cash flow from financing | 2,255 | 1,513 | -1,857 | -1,127 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -30,403 | -34,676 | 88,859 | -206,870 | -44,444 | -98,994 | 28,793 | -34,668 | 70,191 | 74,589 | 121,321 | 27,651 | -233,229 | 271,060 | 224,801 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -30,403 | -34,676 | 88,859 | -206,870 | -44,444 | -98,994 | 28,793 | -34,668 | 70,191 | 74,589 | 121,321 | 27,651 | -233,229 | 271,060 | 224,801 |
P&L
November 2023turnover
1.6m
+165%
operating profit
-107.8k
0%
gross margin
20.1%
-10.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
78.2k
-0.56%
total assets
344k
-0.04%
cash
224k
-0.12%
net assets
Total assets minus all liabilities
Similar Companies
minorca sailing holidays limited company details
company number
01379446
Type
Private limited with Share Capital
industry
79120 - Tour operator activities
incorporation date
July 1978
age
46
accounts
Small Company
ultimate parent company
previous names
elvinward limited (December 1978)
incorporated
UK
address
58 kew road, richmond, surrey, TW9 2PQ
last accounts submitted
November 2023
minorca sailing holidays 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 did not find charges/mortgages relating to minorca sailing holidays limited.
minorca sailing holidays limited Companies House Filings - See Documents
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