oldland leisure limited

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oldland leisure limited Company Information

Share OLDLAND LEISURE LIMITED

Company Number

02019706

Shareholders

christopher john oldland

cheryl ann oldland

Group Structure

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Industry

Other amusement and recreation activities

 +1

Registered Address

unit 5 febland group ltd, itm leisure europe ltd, blackpool, lancashire, FY4 4UN

Website

-

oldland leisure limited Estimated Valuation

£456.9k

Pomanda estimates the enterprise value of OLDLAND LEISURE LIMITED at £456.9k based on a Turnover of £596.8k and 0.77x industry multiple (adjusted for size and gross margin).

oldland leisure limited Estimated Valuation

£0

Pomanda estimates the enterprise value of OLDLAND LEISURE LIMITED at £0 based on an EBITDA of £-50.2k and a 3.2x industry multiple (adjusted for size and gross margin).

oldland leisure limited Estimated Valuation

£137.3k

Pomanda estimates the enterprise value of OLDLAND LEISURE LIMITED at £137.3k based on Net Assets of £51.3k and 2.68x industry multiple (adjusted for liquidity).

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Oldland Leisure Limited Overview

Oldland Leisure Limited is a live company located in blackpool, FY4 4UN with a Companies House number of 02019706. It operates in the gambling and betting activities sector, SIC Code 92000. Founded in May 1986, it's largest shareholder is christopher john oldland with a 60% stake. Oldland Leisure Limited is a mature, small sized company, Pomanda has estimated its turnover at £596.8k with rapid growth in recent years.

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Oldland Leisure Limited Health Check

Pomanda's financial health check has awarded Oldland Leisure Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £596.8k, make it smaller than the average company (£5.2m)

£596.8k - Oldland Leisure Limited

£5.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (13%)

38% - Oldland Leisure Limited

13% - Industry AVG

production

Production

with a gross margin of 41.5%, this company has a higher cost of product (68.5%)

41.5% - Oldland Leisure Limited

68.5% - Industry AVG

profitability

Profitability

an operating margin of -8.4% make it less profitable than the average company (9.9%)

-8.4% - Oldland Leisure Limited

9.9% - Industry AVG

employees

Employees

with 9 employees, this is below the industry average (44)

9 - Oldland Leisure Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £24k, the company has an equivalent pay structure (£24k)

£24k - Oldland Leisure Limited

£24k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66.3k, this is less efficient (£88.8k)

£66.3k - Oldland Leisure Limited

£88.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is later than average (6 days)

67 days - Oldland Leisure Limited

6 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 171 days, this is slower than average (35 days)

171 days - Oldland Leisure Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Oldland Leisure Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Oldland Leisure Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 76.4%, this is a higher level of debt than the average (46.4%)

76.4% - Oldland Leisure Limited

46.4% - Industry AVG

OLDLAND LEISURE LIMITED financials

EXPORTms excel logo

Oldland Leisure Limited's latest turnover from January 2024 is estimated at £596.8 thousand and the company has net assets of £51.3 thousand. According to their latest financial statements, Oldland Leisure Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Apr 2011Apr 2010
Turnover596,841400,891318,834228,177427,414480,962607,868563,376537,9041,865,1871,519,196118,2281,839,4341,644,4582,314,330
Other Income Or Grants
Cost Of Sales349,204245,912201,829137,853261,266297,278371,211344,278328,0541,185,787987,49180,3641,349,2841,180,2151,738,766
Gross Profit247,637154,979117,00590,324166,148183,685236,657219,099209,850679,400531,70437,864490,150464,243575,564
Admin Expenses297,805131,301100,99484,294212,422216,866221,751246,344491,050684,236489,948320,517506,184481,960-427,436
Operating Profit-50,16823,67816,0116,030-46,274-33,18114,906-27,245-281,200-4,83641,756-282,653-16,034-17,7171,003,000
Interest Payable
Interest Receivable681911551,1101,8861,7001,689865
Pre-Tax Profit-50,16823,67816,0116,030-46,274-33,18114,906-27,177-281,009-4,68142,866-280,767-14,334-16,0281,003,865
Tax-4,499-3,042-1,146-2,832-9,859-281,082
Profit After Tax-50,16819,17912,9694,884-46,274-33,18112,074-27,177-281,009-4,68133,007-280,767-14,334-16,028722,783
Dividends Paid
Retained Profit-50,16819,17912,9694,884-46,274-33,18112,074-27,177-281,009-4,68133,007-280,767-14,334-16,028722,783
Employee Costs216,413181,228183,436159,969186,903190,434182,448182,13293,382259,182226,04518,510257,094253,183304,618
Number Of Employees98989999514121141417
EBITDA*-50,16823,67816,0116,030-46,274-33,18114,906-27,245-225,98846,62496,147-223,29830,56444,0541,064,111

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Apr 2011Apr 2010
Tangible Assets102,056102,54464,12373,518124,445131,322154,944142,257139,713128,409107,71297,221126,981148,191159,611
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets102,056102,54464,12373,518124,445131,322154,944142,257139,713128,409107,71297,221126,981148,191159,611
Stock & work in progress7,7258,5004,7509,25010,5007,0007,000
Trade Debtors109,62570,38972,46628,21764,99886,893152,021120,05584,787401,621400,5219,020308,226328,782372,210
Group Debtors
Misc Debtors5,1226,3586,3619,1348,624
Cash54,41022,06439,794404,302350,160329,766345,922
misc current assets9,7326,6577,591
total current assets114,74776,74778,82737,35173,62296,625158,678127,646146,922432,185445,065422,572668,886665,548725,132
total assets216,803179,291142,950110,869198,067227,947313,622269,903286,635560,594552,777519,793795,867813,739884,743
Bank overdraft
Bank loan
Trade Creditors 163,78176,22259,10939,377131,524115,135167,685135,98997,82196,01592,39195,46488,61193,173154,201
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities163,78176,22259,10939,377131,524115,135167,685135,98997,82196,01592,39195,46488,61193,173154,201
loans
hp & lease commitments
Accruals and Deferred Income1,7451,6241,5752,1952,1302,1252,0692,120
other liabilities3,759
provisions25,84320,59911,7258,67510,8359,811
total long term liabilities1,7451,6241,5752,1952,1302,1252,0692,12025,84320,59911,7258,67510,8359,8113,759
total liabilities165,52677,84660,68441,572133,654117,260169,754138,109123,664116,614104,116104,13999,446102,984157,960
net assets51,277101,44582,26669,29764,413110,687143,868131,794162,971443,980448,661415,654696,421710,755726,783
total shareholders funds51,277101,44582,26669,29764,413110,687143,868131,794162,971443,980448,661415,654696,421710,755726,783
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-50,16823,67816,0116,030-46,274-33,18114,906-27,245-281,200-4,83641,756-282,653-16,034-17,7171,003,000
Depreciation55,21251,46054,39159,35546,59861,77161,111
Amortisation
Tax-4,499-3,042-1,146-2,832-9,859-281,082
Stock-7,725-7753,750-4,500-1,2503,5007,000
Debtors38,000-2,08041,476-36,271-13,271-65,12831,96635,268-316,8341,100391,501-299,206-20,556-43,428372,210
Creditors87,55917,11319,732-92,14716,389-52,55031,69638,1681,8063,624-3,0736,853-4,562-61,028154,201
Accruals and Deferred Income12149-62065556-512,120
Deferred Taxes & Provisions-25,8435,2448,8743,050-2,1601,0249,811
Cash flow from operations-48838,421-9,395-50,927-16,609-20,54711,753-40,34398,67154,272-300,73681,85144,08236,265558,020
Investing Activities
capital expenditure488-38,4219,39550,9276,87723,622-12,687-2,544-66,516-72,157-64,882-29,595-25,388-50,351-220,722
Change in Investments
cash flow from investments488-38,4219,39550,9276,87723,622-12,687-2,544-66,516-72,157-64,882-29,595-25,388-50,351-220,722
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-3,7593,759
share issue-4,0004,000
interest681911551,1101,8861,7001,689865
cash flow from financing-3,9321911551,1101,8861,700-2,0708,624
cash and cash equivalents
cash-54,41032,346-17,730-364,50854,14220,394-16,156345,922
overdraft
change in cash-54,41032,346-17,730-364,50854,14220,394-16,156345,922

oldland leisure limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Oldland Leisure Limited Competitor Analysis

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Perform a competitor analysis for oldland leisure limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in FY4 area or any other competitors across 12 key performance metrics.

oldland leisure limited Ownership

OLDLAND LEISURE LIMITED group structure

Oldland Leisure Limited has no subsidiary companies.

Ultimate parent company

OLDLAND LEISURE LIMITED

02019706

OLDLAND LEISURE LIMITED Shareholders

christopher john oldland 60%
cheryl ann oldland 40%

oldland leisure limited directors

Oldland Leisure Limited currently has 1 director, Mr Christopher Oldland serving since Dec 1990.

officercountryagestartendrole
Mr Christopher OldlandUnited Kingdom66 years Dec 1990- Director

P&L

January 2024

turnover

596.8k

+49%

operating profit

-50.2k

0%

gross margin

41.5%

+7.33%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

51.3k

-0.49%

total assets

216.8k

+0.21%

cash

0

0%

net assets

Total assets minus all liabilities

oldland leisure limited company details

company number

02019706

Type

Private limited with Share Capital

industry

93290 - Other amusement and recreation activities

92000 - Gambling and betting activities

incorporation date

May 1986

age

39

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

drivebarter limited (July 1986)

accountant

JONES HARRIS LIMITED

auditor

-

address

unit 5 febland group ltd, itm leisure europe ltd, blackpool, lancashire, FY4 4UN

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

oldland leisure 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 oldland leisure limited. Currently there are 1 open charges and 1 have been satisfied in the past.

oldland leisure limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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oldland leisure limited Companies House Filings - See Documents

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