portsea harbour company limited
portsea harbour company limited Company Information
Company Number
01748902
Website
http://gosportferry.co.ukRegistered Address
south street, gosport, hampshire, england, PO12 1EP
Industry
Inland passenger water transport
Telephone
02392524551
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
portsmouth harbour ferry company limited 99.9%
gosport ferry ltd 0.1%
portsea harbour company limited Estimated Valuation
Pomanda estimates the enterprise value of PORTSEA HARBOUR COMPANY LIMITED at £181.1k based on a Turnover of £234k and 0.77x industry multiple (adjusted for size and gross margin).
portsea harbour company limited Estimated Valuation
Pomanda estimates the enterprise value of PORTSEA HARBOUR COMPANY LIMITED at £781.8k based on an EBITDA of £218.8k and a 3.57x industry multiple (adjusted for size and gross margin).
portsea harbour company limited Estimated Valuation
Pomanda estimates the enterprise value of PORTSEA HARBOUR COMPANY LIMITED at £1.1m based on Net Assets of £737k and 1.49x industry multiple (adjusted for liquidity).
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Portsea Harbour Company Limited Overview
Portsea Harbour Company Limited is a live company located in hampshire, PO12 1EP with a Companies House number of 01748902. It operates in the inland passenger water transport sector, SIC Code 50300. Founded in August 1983, it's largest shareholder is portsmouth harbour ferry company limited with a 99.9% stake. Portsea Harbour Company Limited is a mature, micro sized company, Pomanda has estimated its turnover at £234k with declining growth in recent years.
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Portsea Harbour Company Limited Health Check
Pomanda's financial health check has awarded Portsea Harbour Company Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
3 Weak
Size
annual sales of £234k, make it smaller than the average company (£2.8m)
£234k - Portsea Harbour Company Limited
£2.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (1.6%)
-7% - Portsea Harbour Company Limited
1.6% - Industry AVG
Production
with a gross margin of 46.8%, this company has a comparable cost of product (46.8%)
46.8% - Portsea Harbour Company Limited
46.8% - Industry AVG
Profitability
an operating margin of 82.8% make it more profitable than the average company (24.4%)
82.8% - Portsea Harbour Company Limited
24.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (54)
2 - Portsea Harbour Company Limited
54 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Portsea Harbour Company Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £117k, this is more efficient (£84.8k)
£117k - Portsea Harbour Company Limited
£84.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Portsea Harbour Company Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Portsea Harbour Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Portsea Harbour Company Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Portsea Harbour Company Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.9%, this is a similar level of debt than the average (63.4%)
57.9% - Portsea Harbour Company Limited
63.4% - Industry AVG
PORTSEA HARBOUR COMPANY LIMITED financials
Portsea Harbour Company Limited's latest turnover from March 2023 is £234 thousand and the company has net assets of £737 thousand. According to their latest financial statements, Portsea Harbour Company Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 234,000 | 198,000 | 74,000 | 295,000 | 324,000 | 462,000 | 348,000 | 359,000 | 363,000 | 376,000 | 395,000 | 431,000 | 447,000 | 457,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 196,000 | 86,000 | 2,000 | 164,000 | 199,000 | 228,000 | 264,000 | 284,000 | 296,000 | 315,000 | 339,000 | 371,000 | 393,000 | 406,000 |
| Tax | -39,000 | -30,000 | 0 | -33,000 | -41,000 | -45,000 | -32,000 | -55,000 | -62,000 | -66,000 | -80,000 | -95,000 | -106,000 | -93,000 |
| Profit After Tax | 157,000 | 56,000 | 2,000 | 131,000 | 158,000 | 183,000 | 232,000 | 229,000 | 234,000 | 249,000 | 259,000 | 276,000 | 287,000 | 313,000 |
| Dividends Paid | 0 | 0 | 0 | 900,000 | 128,000 | 95,000 | 102,000 | 113,000 | 117,000 | 120,000 | 118,000 | 375,000 | 383,000 | 0 |
| Retained Profit | 157,000 | 56,000 | 2,000 | -769,000 | 30,000 | 88,000 | 130,000 | 116,000 | 117,000 | 129,000 | 141,000 | -99,000 | -96,000 | 313,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | 2 | 2 | 3 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 338,000 | 340,000 | 346,000 | 371,000 | 357,000 | 367,000 | 413,000 | 246,000 | 173,000 | 174,000 | 188,000 | 205,000 | 225,000 | 234,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 1,245,000 | 1,154,000 | 227,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 338,000 | 1,585,000 | 1,500,000 | 598,000 | 357,000 | 367,000 | 413,000 | 246,000 | 173,000 | 174,000 | 188,000 | 205,000 | 225,000 | 234,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 1,000 | 3,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 |
| Group Debtors | 1,413,000 | 0 | 0 | 0 | 1,275,000 | 963,000 | 886,000 | 899,000 | 1,702,000 | 1,534,000 | 2,662,000 | 2,422,000 | 2,162,000 | 1,964,000 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70,000 | 35,000 | 27,000 | 22,000 | 19,000 | 0 |
| Cash | 0 | 0 | 0 | 0 | 12,000 | 18,000 | 25,000 | 16,000 | 3,000 | 20,000 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,413,000 | 0 | 0 | 0 | 1,288,000 | 984,000 | 913,000 | 917,000 | 1,777,000 | 1,591,000 | 2,691,000 | 2,446,000 | 2,183,000 | 1,966,000 |
| total assets | 1,751,000 | 1,585,000 | 1,500,000 | 598,000 | 1,645,000 | 1,351,000 | 1,326,000 | 1,163,000 | 1,950,000 | 1,765,000 | 2,879,000 | 2,651,000 | 2,408,000 | 2,200,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,952,000 | 1,849,000 | 1,500,000 | 1,130,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42,000 | 34,000 | 26,000 | 21,000 | 17,000 | 0 |
| Group/Directors Accounts | 900,000 | 923,000 | 923,000 | 0 | 295,000 | 0 | 0 | 0 | 944,000 | 851,000 | 121,000 | 121,000 | 121,000 | 121,000 |
| 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 | 49,000 | 20,000 | 8,000 | 31,000 | 26,000 | 63,000 | 114,000 | 81,000 | 8,000 | 39,000 | 59,000 | 75,000 | 80,000 | 155,000 |
| total current liabilities | 949,000 | 943,000 | 931,000 | 31,000 | 321,000 | 63,000 | 114,000 | 81,000 | 994,000 | 924,000 | 2,158,000 | 2,066,000 | 1,718,000 | 1,406,000 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 65,000 | 62,000 | 45,000 | 45,000 | 33,000 | 27,000 | 39,000 | 39,000 | 29,000 | 31,000 | 40,000 | 45,000 | 51,000 | 59,000 |
| total long term liabilities | 65,000 | 62,000 | 45,000 | 45,000 | 33,000 | 27,000 | 39,000 | 39,000 | 29,000 | 31,000 | 40,000 | 45,000 | 51,000 | 59,000 |
| total liabilities | 1,014,000 | 1,005,000 | 976,000 | 76,000 | 354,000 | 90,000 | 153,000 | 120,000 | 1,023,000 | 955,000 | 2,198,000 | 2,111,000 | 1,769,000 | 1,465,000 |
| net assets | 737,000 | 580,000 | 524,000 | 522,000 | 1,291,000 | 1,261,000 | 1,173,000 | 1,043,000 | 927,000 | 810,000 | 681,000 | 540,000 | 639,000 | 735,000 |
| total shareholders funds | 737,000 | 580,000 | 524,000 | 522,000 | 1,291,000 | 1,261,000 | 1,173,000 | 1,043,000 | 927,000 | 810,000 | 681,000 | 540,000 | 639,000 | 735,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 25,000 | 25,000 | 25,000 | 23,000 | 156,000 | 22,000 | 15,000 | 15,000 | 15,000 | 14,000 | 17,000 | 22,000 | 21,000 | 19,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -39,000 | -30,000 | 0 | -33,000 | -41,000 | -45,000 | -32,000 | -55,000 | -62,000 | -66,000 | -80,000 | -95,000 | -106,000 | -93,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 168,000 | 91,000 | 927,000 | -1,049,000 | 310,000 | 78,000 | -13,000 | -873,000 | 203,000 | -1,120,000 | 245,000 | 263,000 | 217,000 | 1,966,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -42,000 | 8,000 | 8,000 | 5,000 | 4,000 | 17,000 | 0 |
| Accruals and Deferred Income | 29,000 | 12,000 | -23,000 | 5,000 | -37,000 | -51,000 | 33,000 | 73,000 | -31,000 | -20,000 | -16,000 | -5,000 | -75,000 | 155,000 |
| Deferred Taxes & Provisions | 3,000 | 17,000 | 0 | 12,000 | 6,000 | -12,000 | 0 | 10,000 | -2,000 | -9,000 | -5,000 | -6,000 | -8,000 | 59,000 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -23,000 | 0 | 923,000 | -295,000 | 295,000 | 0 | 0 | -944,000 | 93,000 | 730,000 | 0 | 0 | 0 | 121,000 |
| 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 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -23,000 | 0 | 923,000 | -295,000 | 295,000 | 0 | 0 | -944,000 | 93,000 | 730,000 | 0 | 0 | 0 | 543,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | -12,000 | -6,000 | -7,000 | 9,000 | 13,000 | -17,000 | 20,000 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,952,000 | 103,000 | 349,000 | 370,000 | 1,130,000 |
| change in cash | 0 | 0 | 0 | -12,000 | -6,000 | -7,000 | 9,000 | 13,000 | -17,000 | 1,972,000 | -103,000 | -349,000 | -370,000 | -1,130,000 |
portsea harbour company limited Credit Report and Business Information
Portsea Harbour Company Limited Competitor Analysis
Perform a competitor analysis for portsea harbour company limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in PO12 area or any other competitors across 12 key performance metrics.
portsea harbour company limited Ownership
PORTSEA HARBOUR COMPANY LIMITED group structure
Portsea Harbour Company Limited has no subsidiary companies.
Ultimate parent company
2 parents
PORTSEA HARBOUR COMPANY LIMITED
01748902
portsea harbour company limited directors
Portsea Harbour Company Limited currently has 2 directors. The longest serving directors include Mr Adam Brown (Jun 2019) and Mr Philip Theobald (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Brown | 45 years | Jun 2019 | - | Director | |
| Mr Philip Theobald | 39 years | Aug 2024 | - | Director |
P&L
March 2023turnover
234k
+18%
operating profit
193.8k
0%
gross margin
46.9%
+0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
737k
+0.27%
total assets
1.8m
+0.1%
cash
0
0%
net assets
Total assets minus all liabilities
portsea harbour company limited company details
company number
01748902
Type
Private limited with Share Capital
industry
50300 - Inland passenger water transport
incorporation date
August 1983
age
41
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON UK LLP
address
south street, gosport, hampshire, england, PO12 1EP
Bank
HSBC BANK PLC
Legal Advisor
-
portsea harbour 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 2 charges/mortgages relating to portsea harbour company limited. Currently there are 1 open charges and 1 have been satisfied in the past.
portsea harbour company limited Companies House Filings - See Documents
| date | description | view/download |
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