brixham trawler agents limited
brixham trawler agents limited Company Information
Company Number
02147074
Next Accounts
Sep 2025
Industry
Marine fishing
Shareholders
south west trawler agents (holdings) limited
Group Structure
View All
Contact
Registered Address
new fish quay, brixham, south devon, TQ5 8AW
brixham trawler agents limited Estimated Valuation
Pomanda estimates the enterprise value of BRIXHAM TRAWLER AGENTS LIMITED at £10.9m based on a Turnover of £17.5m and 0.62x industry multiple (adjusted for size and gross margin).
brixham trawler agents limited Estimated Valuation
Pomanda estimates the enterprise value of BRIXHAM TRAWLER AGENTS LIMITED at £2m based on an EBITDA of £551.7k and a 3.63x industry multiple (adjusted for size and gross margin).
brixham trawler agents limited Estimated Valuation
Pomanda estimates the enterprise value of BRIXHAM TRAWLER AGENTS LIMITED at £6.4m based on Net Assets of £3m and 2.12x industry multiple (adjusted for liquidity).
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Brixham Trawler Agents Limited Overview
Brixham Trawler Agents Limited is a live company located in south devon, TQ5 8AW with a Companies House number of 02147074. It operates in the marine fishing sector, SIC Code 03110. Founded in July 1987, it's largest shareholder is south west trawler agents (holdings) limited with a 100% stake. Brixham Trawler Agents Limited is a mature, mid sized company, Pomanda has estimated its turnover at £17.5m with high growth in recent years.
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Brixham Trawler Agents Limited Health Check
Pomanda's financial health check has awarded Brixham Trawler Agents Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £17.5m, make it larger than the average company (£10.5m)
£17.5m - Brixham Trawler Agents Limited
£10.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (5.4%)
20% - Brixham Trawler Agents Limited
5.4% - Industry AVG
Production
with a gross margin of 13.4%, this company has a higher cost of product (28.2%)
13.4% - Brixham Trawler Agents Limited
28.2% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (16%)
1.1% - Brixham Trawler Agents Limited
16% - Industry AVG
Employees
with 63 employees, this is above the industry average (11)
63 - Brixham Trawler Agents Limited
11 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£41.3k)
£43.3k - Brixham Trawler Agents Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £277.3k, this is equally as efficient (£266.7k)
£277.3k - Brixham Trawler Agents Limited
£266.7k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (39 days)
15 days - Brixham Trawler Agents Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (17 days)
12 days - Brixham Trawler Agents Limited
17 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (20 days)
2 days - Brixham Trawler Agents Limited
20 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 79 weeks, this is more cash available to meet short term requirements (64 weeks)
79 weeks - Brixham Trawler Agents Limited
64 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.2%, this is a higher level of debt than the average (38.3%)
44.2% - Brixham Trawler Agents Limited
38.3% - Industry AVG
BRIXHAM TRAWLER AGENTS LIMITED financials
Brixham Trawler Agents Limited's latest turnover from December 2023 is £17.5 million and the company has net assets of £3 million. According to their latest financial statements, Brixham Trawler Agents Limited has 63 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,470,599 | 20,628,966 | 12,866,667 | 10,027,757 | 12,105,054 | 11,549,880 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 15,127,732 | 17,944,691 | 10,683,643 | 8,598,943 | 10,512,402 | 10,094,085 | |||||||||
| Gross Profit | 2,342,867 | 2,684,275 | 2,183,024 | 1,428,814 | 1,592,652 | 1,455,795 | |||||||||
| Admin Expenses | 2,151,463 | 1,769,159 | 1,514,089 | 1,594,294 | 1,324,377 | 1,315,266 | |||||||||
| Operating Profit | 191,404 | 915,116 | 668,935 | -165,480 | 268,275 | 140,529 | |||||||||
| Interest Payable | 3,692 | 1,466 | 954 | 106 | 3,024 | 10,072 | |||||||||
| Interest Receivable | 6,018 | 1,986 | 0 | 2,244 | 7,272 | 12,524 | |||||||||
| Pre-Tax Profit | 193,730 | 915,636 | 667,981 | -163,342 | 272,523 | 142,981 | |||||||||
| Tax | -72,948 | -80,996 | -177,360 | -2,550 | -44,058 | -39,425 | |||||||||
| Profit After Tax | 120,782 | 834,640 | 490,621 | -165,892 | 228,465 | 103,556 | |||||||||
| Dividends Paid | 546,500 | 46,500 | 18,600 | 18,600 | 18,600 | 37,200 | |||||||||
| Retained Profit | -425,718 | 788,140 | 472,021 | -184,492 | 209,865 | 66,356 | |||||||||
| Employee Costs | 2,726,713 | 2,333,976 | 1,958,892 | 2,057,907 | 1,729,587 | 677,514 | |||||||||
| Number Of Employees | 63 | 57 | 51 | 51 | 53 | 53 | 45 | 47 | 41 | ||||||
| EBITDA* | 551,678 | 1,239,688 | 668,935 | 138,674 | 539,421 | 231,278 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,107,534 | 1,101,440 | 1,211,016 | 1,488,230 | 1,651,307 | 1,171,289 | 863,993 | 807,882 | 904,748 | 1,002,748 | 577,015 | 476,636 | 381,650 | 439,643 | 290,834 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,107,534 | 1,101,440 | 1,211,016 | 1,488,230 | 1,651,307 | 1,171,289 | 863,993 | 807,882 | 904,748 | 1,002,748 | 577,015 | 476,636 | 381,650 | 439,643 | 290,834 |
| Stock & work in progress | 116,468 | 109,388 | 95,303 | 64,749 | 58,725 | 81,915 | 72,169 | 65,065 | 80,474 | 53,892 | 113,009 | 124,777 | 92,622 | 76,506 | 67,713 |
| Trade Debtors | 758,497 | 622,802 | 553,773 | 294,159 | 558,914 | 552,166 | 474,380 | 488,008 | 286,965 | 659,951 | 648,057 | 618,113 | 1,021,241 | 865,385 | 834,959 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 273,298 | 891,554 | 479,477 | 468,797 | 533,842 | 671,593 | 421,877 | 281,037 | 282,530 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 3,182,297 | 2,869,939 | 2,416,260 | 1,648,900 | 1,557,977 | 413,960 | 1,014,809 | 790,758 | 561,041 | 472,428 | 504,329 | 742,292 | 557,686 | 135,725 | 244,094 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 518,734 | 506,286 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,330,560 | 4,493,683 | 3,544,813 | 2,476,605 | 2,709,458 | 2,238,368 | 2,489,521 | 1,624,868 | 1,211,010 | 1,186,271 | 1,265,395 | 1,485,182 | 1,671,549 | 1,077,616 | 1,146,766 |
| total assets | 5,438,094 | 5,595,123 | 4,755,829 | 3,964,835 | 4,360,765 | 3,409,657 | 3,353,514 | 2,432,750 | 2,115,758 | 2,189,019 | 1,842,410 | 1,961,818 | 2,053,199 | 1,517,259 | 1,437,600 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 536,244 | 476,053 | 521,996 | 501,724 | 591,085 | 527,874 | 441,673 | 353,381 | 184,576 | 482,376 | 651,747 | 674,311 | 853,000 | 142,354 | 330,490 |
| Group/Directors Accounts | 500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 273,965 | 162,851 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 16,189 | 45,345 | 5,787 | 5,787 | 0 | 11,335 | 33,999 | 34,000 | 33,999 | 34,371 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,027,001 | 1,276,077 | 1,051,823 | 672,056 | 759,637 | 373,003 | 471,275 | 279,294 | 205,307 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,079,434 | 1,797,475 | 1,579,606 | 1,179,567 | 1,350,722 | 912,212 | 946,947 | 666,675 | 423,882 | 516,747 | 651,747 | 674,311 | 853,000 | 416,319 | 493,341 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 19,537 | 33,604 | 9,276 | 14,743 | 0 | 0 | 11,335 | 45,334 | 79,335 | 109,371 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 172,652 | 190,906 | 299,499 | 411,077 | 522,653 | 299,281 | 277,206 | 279,187 | 296,634 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 332,335 | 49,797 | 85,763 | 55,775 | 77,690 | 27,052 |
| provisions | 132,229 | 113,178 | 194,628 | 159,649 | 157,099 | 76,738 | 79,266 | 65,830 | 70,111 | 69,467 | 49,006 | 40,145 | 39,301 | 40,229 | 32,328 |
| total long term liabilities | 324,418 | 337,688 | 503,403 | 612,469 | 679,752 | 376,019 | 403,497 | 444,005 | 1,004,969 | 1,048,706 | 591,797 | 529,763 | 472,775 | 462,690 | 424,052 |
| total liabilities | 2,403,852 | 2,135,163 | 2,083,009 | 1,792,036 | 2,030,474 | 1,288,231 | 1,350,444 | 1,110,680 | 1,428,851 | 1,565,453 | 1,243,544 | 1,204,074 | 1,325,775 | 879,009 | 917,393 |
| net assets | 3,034,242 | 3,459,960 | 2,672,820 | 2,172,799 | 2,330,291 | 2,121,426 | 2,003,070 | 1,322,070 | 686,907 | 623,566 | 598,866 | 757,744 | 727,424 | 638,250 | 520,207 |
| total shareholders funds | 3,034,242 | 3,459,960 | 2,672,820 | 2,172,799 | 2,330,291 | 2,121,426 | 2,003,070 | 1,322,070 | 686,907 | 623,566 | 598,866 | 757,744 | 727,424 | 638,250 | 520,207 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 191,404 | 915,116 | 668,935 | -165,480 | 268,275 | 140,529 | |||||||||
| Depreciation | 360,274 | 324,572 | 0 | 304,154 | 271,146 | 90,749 | 87,965 | 117,280 | 127,431 | 128,786 | 105,408 | 127,621 | 107,096 | 89,869 | 64,238 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -72,948 | -80,996 | -177,360 | -2,550 | -44,058 | -39,425 | |||||||||
| Stock | 7,080 | 14,085 | 30,554 | 6,024 | -23,190 | 9,746 | 7,104 | -15,409 | 26,582 | -59,117 | -11,768 | 32,155 | 16,116 | 8,793 | 67,713 |
| Debtors | -482,561 | 481,106 | 270,294 | -329,800 | -131,003 | 327,502 | 127,212 | 199,550 | -90,456 | 11,894 | 29,944 | -403,128 | 155,856 | 30,426 | 834,959 |
| Creditors | 60,191 | -45,943 | 20,272 | -89,361 | 63,211 | 86,201 | 88,292 | 168,805 | -297,800 | -169,371 | -22,564 | -178,689 | 710,646 | -188,136 | 330,490 |
| Accruals and Deferred Income | -267,330 | 115,661 | 268,189 | -199,157 | 610,006 | -76,197 | 190,000 | 56,540 | 501,941 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 19,051 | -81,450 | 34,979 | 2,550 | 80,361 | -2,528 | 13,436 | -4,281 | 644 | 20,461 | 8,861 | 844 | -928 | 7,901 | 32,328 |
| Cash flow from operations | 766,123 | 651,769 | 514,167 | 173,932 | 1,403,134 | -137,919 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -416,609 | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -416,609 | |||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -273,965 | 111,114 | 162,851 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | -43,223 | 63,886 | -5,467 | 20,530 | -11,335 | -33,999 | -34,000 | -34,000 | -30,408 | 143,742 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -332,335 | 282,538 | -35,966 | 29,988 | -21,915 | 50,638 | 27,052 |
| share issue | |||||||||||||||
| interest | 2,326 | 520 | -954 | 2,138 | 4,248 | 2,452 | |||||||||
| cash flow from financing | 459,103 | 63,406 | 21,579 | 49,668 | -8,087 | 20,453 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 312,358 | 453,679 | 767,360 | 90,923 | 1,144,017 | -600,849 | 224,051 | 229,717 | 88,613 | -31,901 | -237,963 | 184,606 | 421,961 | -108,369 | 244,094 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 312,358 | 453,679 | 767,360 | 90,923 | 1,144,017 | -600,849 | 224,051 | 229,717 | 88,613 | -31,901 | -237,963 | 184,606 | 421,961 | -108,369 | 244,094 |
brixham trawler agents limited Credit Report and Business Information
Brixham Trawler Agents Limited Competitor Analysis
Perform a competitor analysis for brixham trawler agents limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other mid companies, companies in TQ5 area or any other competitors across 12 key performance metrics.
brixham trawler agents limited Ownership
BRIXHAM TRAWLER AGENTS LIMITED group structure
Brixham Trawler Agents Limited has no subsidiary companies.
Ultimate parent company
1 parent
BRIXHAM TRAWLER AGENTS LIMITED
02147074
brixham trawler agents limited directors
Brixham Trawler Agents Limited currently has 4 directors. The longest serving directors include Mr Barry Young (Jan 2013) and Mr Mathew Bailey (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barry Young | 54 years | Jan 2013 | - | Director | |
| Mr Mathew Bailey | United Kingdom | 57 years | May 2018 | - | Director |
| Mr Neil Watson | 57 years | Jan 2019 | - | Director | |
| Mr Adam Mudge | 58 years | Nov 2020 | - | Director |
P&L
December 2023turnover
17.5m
-15%
operating profit
191.4k
-79%
gross margin
13.5%
+3.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3m
-0.12%
total assets
5.4m
-0.03%
cash
3.2m
+0.11%
net assets
Total assets minus all liabilities
brixham trawler agents limited company details
company number
02147074
Type
Private limited with Share Capital
industry
03110 - Marine fishing
incorporation date
July 1987
age
38
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
answerbudget limited (March 1988)
accountant
-
auditor
BISHOP FLEMING LLP
address
new fish quay, brixham, south devon, TQ5 8AW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
brixham trawler agents 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 brixham trawler agents limited. Currently there are 2 open charges and 0 have been satisfied in the past.
brixham trawler agents 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.
Click to start generating capital raising & share issue transactions for BRIXHAM TRAWLER AGENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
brixham trawler agents limited Companies House Filings - See Documents
| date | description | view/download |
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