Cove Communities Venture 2 Gwel An Mor Opco Limited

POWER SEARCH PRICING

SOLUTIONS

cove communities venture 2 gwel an mor opco limited Company Information

Live

MatureMidHealthy

Company Number

02498943

Website

Registered Address

1 bartholomew lane, london, EC2N 2AX

Industry

Holiday centres and villages

Telephone

Next Accounts Due

September 2024

Group Structure

View All

Directors

David Napp3 Years

Mark Seaton3 Years

View All

Shareholders

cove communities venture 2 gwel an mor propco limited 100%

cove communities venture 2 gwel an mor opco limited Estimated Valuation

£24.5m

Pomanda estimates the enterprise value of COVE COMMUNITIES VENTURE 2 GWEL AN MOR OPCO LIMITED at £24.5m based on Net Assets of £11.9m and 2.06x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Cove Communities Venture 2 Gwel An Mor Opco Limited is a live company located in london, EC2N 2AX with a Companies House number of 02498943. It operates in the holiday centres and villages sector, SIC Code 55201. Founded in May 1990, it's largest shareholder is cove communities venture 2 gwel an mor propco limited with a 100% stake. Cove Communities Venture 2 Gwel An Mor Opco Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.1m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Cove Communities Venture 2 Gwel An Mor Opco Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

5 Strong

1 Regular

6 Weak

Size

annual sales of £7.1m, make it smaller than the average company (£9m)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.9%)

EXPORT

Cove Communities Venture 2 Gwel An Mor Opco Limited's latest turnover from December 2022 is £7.1 million and the company has net assets of £11.9 million. According to their latest financial statements, Cove Communities Venture 2 Gwel An Mor Opco Limited has 131 employees and maintains cash reserves of £520 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	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	7,127,622	5,866,717	3,521,881	6,157,867	5,677,549	6,148,549	5,579,674	4,524,711	3,790,126	2,553,590	2,390,618	2,019,147	5,004,467	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,327,914	3,436,292	3,105,524	4,635,570	4,200,577	4,212,232	3,985,139	3,245,877	2,849,463	1,183,593	1,071,360	1,251,121	2,268,287	0
Gross Profit	5,799,708	2,430,425	416,357	1,522,297	1,476,972	1,936,317	1,594,535	1,278,834	940,663	1,369,997	1,319,258	768,026	2,736,180	0
Admin Expenses	5,288,315	806,714	97,753	586,623	649,980	363,368	206,978	334,841	425,073	-135,861	771,386	70,757	2,835,819	1,033,804
Operating Profit	511,393	1,623,711	318,604	935,674	826,992	1,572,949	1,387,557	943,993	515,590	1,505,858	547,872	697,269	-99,639	-1,033,804
Interest Payable	30,391	204,415	174,979	195,291	286,657	200,754	240,423	254,860	169,035	206,137	160,113	536,871	0	0
Interest Receivable	0	0	4,407	4,185	4,185	0	23,388	25,515	23,450	9,002	664	10,894	609	161
Pre-Tax Profit	481,002	1,419,296	148,032	744,568	544,520	965,195	1,170,522	707,519	370,005	1,308,723	388,423	171,292	-99,030	-1,033,643
Tax	295,876	191,004	78,226	2,351	197,836	-351,652	-136,515	-153,831	-96,109	-1,800	-133	-2,206	0	0
Profit After Tax	776,878	1,610,300	226,258	746,919	742,356	613,543	1,034,007	553,688	273,896	1,306,923	388,290	169,086	-99,030	-1,033,643
Dividends Paid	0	0	199,997	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	776,878	1,610,300	26,261	746,919	742,356	613,543	1,034,007	553,688	273,896	1,306,923	388,290	169,086	-99,030	-1,033,643
Employee Costs	2,209,719	1,593,056	1,540,292	1,662,906	1,520,104	1,184,951	1,063,076	937,442	830,853	720,970	681,344	635,692	740,546	0
Number Of Employees	131	117	120	149	141	130	85	81	78	80	74	66	44	0
EBITDA*	525,256	1,660,535	378,114	970,749	866,018	1,619,810	1,428,951	988,878	532,295	1,521,309	565,399	714,194	-81,793	-1,012,332

* Earnings Before Interest, Tax, Depreciation and Amortisation

	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	11,899	16,315,733	16,466,645	17,967,700	17,767,010	16,939,305	16,537,984	15,531,324	15,410,932	16,098,224	16,159,331	16,158,674	16,159,055	16,163,494
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	50,000	143,014	143,014	143,014	143,014	550,014	550,014	557,143	7,143	0	0	0	0
Debtors (Due After 1 year)	0	0	74,470	0	980	0	0	0	16,078	35,040	17,879	0	0	0
Total Fixed Assets	11,899	16,365,733	16,684,129	18,110,714	17,911,004	17,082,319	17,087,998	16,081,338	15,984,153	16,140,407	16,177,210	16,158,674	16,159,055	16,163,494
Stock & work in progress	122,436	69,749	80,152	111,287	179,370	112,854	58,480	61,156	2,287	64,268	45,834	28,047	22,303	16,446
Trade Debtors	8,025	25,459	5,350	20,403	75,875	38,255	43,027	36,798	31,946	17,636	18,010	25,334	375,982	332,087
Group Debtors	22,318,175	5,698,920	2,426,988	3,047,070	2,686,842	2,796,646	1,901,995	451,327	463,642	247,680	302,127	100,859	0	0
Misc Debtors	825,150	219,339	48,679	102,526	37,815	29,556	42,880	29,714	126,469	419,871	343,711	64,665	169,018	110,790
Cash	520,010	577,323	3,180,469	347,743	530,125	551,062	96,414	963,663	133,750	758,073	4,148	148,003	179,121	64,299
misc current assets	45,885	0	0	519	0	0	0	0	0	0	0	0	0	0
total current assets	23,839,681	6,590,790	5,741,638	3,629,548	3,510,027	3,528,373	2,142,796	1,542,658	758,094	1,507,528	713,830	366,908	746,424	523,622
total assets	23,851,580	22,956,523	22,425,767	21,740,262	21,421,031	20,610,692	19,230,794	17,623,996	16,742,247	17,647,935	16,891,040	16,525,582	16,905,479	16,687,116
Bank overdraft	0	0	0	0	0	0	0	0	0	0	17,622	259,599	0	0
Bank loan	0	128,519	1,780,383	605,883	0	0	400,000	400,000	9,420,726	10,090	259,842	0	0	0
Trade Creditors	177,886	92,050	665,959	349,082	582,566	399,882	208,822	142,619	64,782	145,498	168,292	125,436	1,056,711	999,832
Group/Directors Accounts	9,181,167	386,509	26,325	71,353	336,397	474,859	203,309	323,093	15,179	0	0	722	0	0
other short term finances	0	0	78,379	60,000	60,000	88,150	255,000	170,000	0	375,000	0	0	0	0
hp & lease commitments	0	0	83,681	24,010	33,016	27,885	26,770	23,554	22,998	5,862	5,862	2,862	0	0
other current liabilities	2,147,926	2,565,413	1,669,929	777,762	502,232	721,202	373,160	302,806	329,079	452,884	488,789	407,403	0	0
total current liabilities	11,506,979	3,172,491	4,304,656	1,888,090	1,514,211	1,711,978	1,467,061	1,362,072	9,852,764	989,334	940,407	796,022	1,056,711	999,832
loans	450,802	8,868,181	8,535,590	8,271,674	8,980,000	8,800,000	8,300,000	8,675,000	0	9,420,719	9,830,803	9,840,641	0	0
hp & lease commitments	0	0	0	53,744	45,152	64,246	59,883	64,830	70,547	5,431	11,294	7,156	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	10,100,209	9,762,365
provisions	0	3,011,636	2,501,621	2,621,843	2,050,741	1,404,752	1,234,599	958,692	841,059	0	0	0	0	0
total long term liabilities	450,802	11,879,817	11,037,211	10,947,261	11,075,893	10,268,998	9,594,482	9,698,522	911,606	9,426,150	9,842,097	9,847,797	10,100,209	9,762,365
total liabilities	11,957,781	15,052,308	15,341,867	12,835,351	12,590,104	11,980,976	11,061,543	11,060,594	10,764,370	10,415,484	10,782,504	10,643,819	11,156,920	10,762,197
net assets	11,893,799	7,904,215	7,083,900	8,904,911	8,830,927	8,629,716	8,169,251	6,563,402	5,977,877	7,232,451	6,108,536	5,881,763	5,748,559	5,924,919
total shareholders funds	11,893,799	7,904,215	7,083,900	8,904,911	8,830,927	8,629,716	8,169,251	6,563,402	5,977,877	7,232,451	6,108,536	5,881,763	5,748,559	5,924,919

	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	511,393	1,623,711	318,604	935,674	826,992	1,572,949	1,387,557	943,993	515,590	1,505,858	547,872	697,269	-99,639	-1,033,804
Depreciation	13,863	36,824	59,510	35,075	39,026	46,861	41,394	44,885	16,705	15,451	17,527	16,925	17,846	21,472
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	295,876	191,004	78,226	2,351	197,836	-351,652	-136,515	-153,831	-96,109	-1,800	-133	-2,206	0	0
Stock	52,687	-10,403	-31,135	-68,083	66,516	54,374	-2,676	58,869	-61,981	18,434	17,787	5,744	5,857	16,446
Debtors	17,207,632	3,388,231	-614,512	368,487	-62,945	876,555	1,470,063	-120,296	-82,092	38,500	490,869	-354,142	102,123	442,877
Creditors	85,836	-573,909	316,877	-233,484	182,684	191,060	66,203	77,837	-80,716	-22,794	42,856	-931,275	56,879	999,832
Accruals and Deferred Income	-417,487	895,484	892,167	275,530	-218,970	348,042	70,354	-26,273	-123,805	-35,905	81,386	407,403	0	0
Deferred Taxes & Provisions	-3,011,636	510,015	-120,222	571,102	645,989	170,153	275,907	117,633	841,059	0	0	0	0	0
Cash flow from operations	-19,782,474	-694,699	2,190,809	1,285,844	1,669,986	1,046,484	237,513	1,065,671	1,216,797	1,403,876	180,852	536,514	-132,894	-471,823
Investing Activities
capital expenditure	0	0	0	0	-847,238	-378,675	-308,728	-159,277	-87,024	-146,088	-179,768	-52,665	-13,407	-16,184,966
Change in Investments	-50,000	-93,014	0	0	0	-407,000	0	-7,129	550,000	7,143	0	0	0	0
cash flow from investments	50,000	93,014	0	0	-847,238	28,325	-308,728	-152,148	-637,024	-153,231	-179,768	-52,665	-13,407	-16,184,966
Financing Activities
Bank loans	-128,519	-1,651,864	1,174,500	605,883	0	-400,000	0	-9,020,726	9,410,636	-249,752	259,842	0	0	0
Group/Directors Accounts	8,794,658	360,184	-45,028	-265,044	-138,462	271,550	-119,784	307,914	15,179	0	-722	722	0	0
Other Short Term Loans	0	-78,379	18,379	0	-28,150	-166,850	85,000	170,000	-375,000	375,000	0	0	0	0
Long term loans	-8,417,379	332,591	263,916	-708,326	180,000	500,000	-375,000	8,675,000	-9,420,719	-410,084	-9,838	9,840,641	0	0
Hire Purchase and Lease Commitments	0	-83,681	5,927	-414	-13,963	5,478	-1,731	-5,161	82,252	-5,863	7,138	10,018	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	-10,100,209	337,844	9,762,365
share issue	3,212,706	-789,985	-1,847,272	-672,935	-541,145	-153,078	571,842	31,837	-1,528,470	-183,008	-161,517	-35,882	-77,330	6,958,562
interest	-30,391	-204,415	-170,572	-191,106	-282,472	-200,754	-217,035	-229,345	-145,585	-197,135	-159,449	-525,977	609	161
cash flow from financing	3,431,075	-2,115,549	-600,150	-1,231,942	-824,192	-143,654	-56,708	-70,481	-1,961,707	-670,842	-64,546	-810,687	261,123	16,721,088
cash and cash equivalents
cash	-57,313	-2,603,146	2,832,726	-182,382	-20,937	454,648	-867,249	829,913	-624,323	753,925	-143,855	-31,118	114,822	64,299
overdraft	0	0	0	0	0	0	0	0	0	-17,622	-241,977	259,599	0	0
change in cash	-57,313	-2,603,146	2,832,726	-182,382	-20,937	454,648	-867,249	829,913	-624,323	771,547	98,122	-290,717	114,822	64,299

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for cove communities venture 2 gwel an mor opco limited. Get real-time insights into cove communities venture 2 gwel an mor opco limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for cove communities venture 2 gwel an mor opco limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in EC2N area or any other competitors across 12 key performance metrics.

COVE COMMUNITIES VENTURE 2 GWEL AN MOR OPCO LIMITED group structure

Cove Communities Venture 2 Gwel An Mor Opco Limited has no subsidiary companies.

Ultimate parent company

COVE COMMUNITIES HOLIDAY PARK INVESTMENT

#0152992

COVE COMMUNITIES VENTURE 2 GWEL AN MOR PROPCO LIMITED

06672882

2 parents

COVE COMMUNITIES VENTURE 2 GWEL AN MOR OPCO LIMITED

02498943

COVE COMMUNITIES VENTURE 2 GWEL AN MOR OPCO LIMITED Shareholders

cove communities venture 2 gwel an mor propco limited

100%

Cove Communities Venture 2 Gwel An Mor Opco Limited currently has 4 directors. The longest serving directors include Mr David Napp (Mar 2021) and Mr Mark Seaton (Mar 2021).

officer	country	age	start	end	role
Mr David Napp	United Kingdom	63 years	Mar 2021	-	Director
Mr Mark Seaton		52 years	Mar 2021	-	Director
Mr Darren Scutter	Jersey	49 years	Jan 2024	-	Director
Mrs Despina Don-Wauchope	Jersey	55 years	Jun 2024	-	Director

P&L

December 2022

turnover

7.1m

+21%

operating profit

511.4k

-69%

gross margin

81.4%

+96.41%

turnover

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

Balance Sheet

December 2022

net assets

11.9m

+0.5%

total assets

23.9m

+0.04%

cash

520k

-0.1%

net assets

Total assets minus all liabilities

Similar Companies

grange court (hoburne) limited

beverley parks (paignton) limited

warren farm holiday centre limited

flamborough holidays limited

britanic industries limited

company number

02498943

Type

Private limited with Share Capital

industry

55201 - Holiday centres and villages

incorporation date

May 1990

accounts

Audit Exemption Subsidiary

ultimate parent company

COVE COMMUNITIES HOLIDAY PARK INVESTMENT

previous names

landish consultants limited (August 2022)

last accounts submitted

December 2022

address

1 bartholomew lane, london, EC2N 2AX

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 13 charges/mortgages relating to cove communities venture 2 gwel an mor opco limited. Currently there are 3 open charges and 10 have been satisfied in the past.

cove communities venture 2 gwel an mor opco limited Company Information

cove communities venture 2 gwel an mor opco limited Estimated Valuation

cove communities venture 2 gwel an mor opco limited Estimated Valuation

cove communities venture 2 gwel an mor opco limited Estimated Valuation

Cove Communities Venture 2 Gwel An Mor Opco Limited Overview

Cove Communities Venture 2 Gwel An Mor Opco Limited Health Check

COVE COMMUNITIES VENTURE 2 GWEL AN MOR OPCO LIMITED financials

cove communities venture 2 gwel an mor opco limited Credit Report and Business Information

Cove Communities Venture 2 Gwel An Mor Opco Limited Competitor Analysis

cove communities venture 2 gwel an mor opco limited Ownership

cove communities venture 2 gwel an mor opco limited directors

cove communities venture 2 gwel an mor opco limited company details

cove communities venture 2 gwel an mor opco limited Charges & Mortgages

cove communities venture 2 gwel an mor opco limited Companies House Filings - See Documents