ancasta international boat sales limited Company Information
Company Number
02560541
Next Accounts
83 days late
Industry
Retail sale of sporting equipment in specialised stores
Shareholders
ancasta group ltd
Group Structure
View All
Contact
Registered Address
port hamble, satchell lane, hamble, southampton, hampshire, SO31 4QD
Website
www.ancasta.comancasta international boat sales limited Estimated Valuation
Pomanda estimates the enterprise value of ANCASTA INTERNATIONAL BOAT SALES LIMITED at £22.4m based on a Turnover of £35.2m and 0.64x industry multiple (adjusted for size and gross margin).
ancasta international boat sales limited Estimated Valuation
Pomanda estimates the enterprise value of ANCASTA INTERNATIONAL BOAT SALES LIMITED at £13.6m based on an EBITDA of £2m and a 6.64x industry multiple (adjusted for size and gross margin).
ancasta international boat sales limited Estimated Valuation
Pomanda estimates the enterprise value of ANCASTA INTERNATIONAL BOAT SALES LIMITED at £6.2m based on Net Assets of £3m and 2.07x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ancasta International Boat Sales Limited Overview
Ancasta International Boat Sales Limited is a live company located in southampton, SO31 4QD with a Companies House number of 02560541. It operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles sector, SIC Code 47640. Founded in November 1990, it's largest shareholder is ancasta group ltd with a 100% stake. Ancasta International Boat Sales Limited is a mature, large sized company, Pomanda has estimated its turnover at £35.2m with healthy growth in recent years.
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Ancasta International Boat Sales Limited Health Check
Pomanda's financial health check has awarded Ancasta International Boat Sales Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £35.2m, make it larger than the average company (£803.6k)
£35.2m - Ancasta International Boat Sales Limited
£803.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.3%)
13% - Ancasta International Boat Sales Limited
6.3% - Industry AVG
Production
with a gross margin of 22%, this company has a higher cost of product (29.6%)
22% - Ancasta International Boat Sales Limited
29.6% - Industry AVG
Profitability
an operating margin of 5.7% make it more profitable than the average company (4.3%)
5.7% - Ancasta International Boat Sales Limited
4.3% - Industry AVG
Employees
with 40 employees, this is above the industry average (24)
40 - Ancasta International Boat Sales Limited
24 - Industry AVG
Pay Structure
on an average salary of £90.6k, the company has a higher pay structure (£26.3k)
£90.6k - Ancasta International Boat Sales Limited
£26.3k - Industry AVG
Efficiency
resulting in sales per employee of £879.1k, this is more efficient (£151.1k)
£879.1k - Ancasta International Boat Sales Limited
£151.1k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (24 days)
4 days - Ancasta International Boat Sales Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (29 days)
3 days - Ancasta International Boat Sales Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 43 days, this is less than average (119 days)
43 days - Ancasta International Boat Sales Limited
119 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (16 weeks)
16 weeks - Ancasta International Boat Sales Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.8%, this is a similar level of debt than the average (76.1%)
73.8% - Ancasta International Boat Sales Limited
76.1% - Industry AVG
ANCASTA INTERNATIONAL BOAT SALES LIMITED financials
Ancasta International Boat Sales Limited's latest turnover from December 2022 is £35.2 million and the company has net assets of £3 million. According to their latest financial statements, Ancasta International Boat Sales Limited has 40 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 35,164,493 | 31,896,576 | 17,131,216 | 24,492,132 | 27,500,759 | 26,776,134 | 21,741,241 | 15,223,788 | 13,329,072 | 13,095,423 | 17,685,291 | 20,449,088 | 23,023,589 | 13,845,300 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 27,427,199 | 26,516,034 | 14,098,779 | 20,649,295 | 23,464,047 | 22,867,413 | 18,398,796 | 12,224,180 | 10,566,822 | 10,306,335 | 14,263,640 | 16,607,434 | 17,910,016 | 10,544,946 |
Gross Profit | 7,737,294 | 5,380,542 | 3,032,437 | 3,842,837 | 4,036,712 | 3,908,721 | 3,342,445 | 2,999,608 | 2,762,250 | 2,789,088 | 3,421,651 | 3,841,654 | 5,113,573 | 3,300,354 |
Admin Expenses | 5,722,003 | 3,869,262 | 3,047,257 | 3,824,951 | 3,591,675 | 3,395,742 | 3,305,517 | 3,029,739 | 2,800,338 | 3,236,001 | 3,662,714 | 4,083,450 | 4,035,067 | 3,210,244 |
Operating Profit | 2,015,291 | 1,511,280 | -14,820 | 17,886 | 445,037 | 512,979 | 36,928 | -30,131 | -38,088 | -446,913 | -241,063 | -241,796 | 1,078,506 | 90,110 |
Interest Payable | 29,355 | 42,634 | 18,333 | 12,138 | 3,580 | 14,006 | 16,203 | 42,807 | 61,674 | 73,292 | 71,550 | 145,216 | 74,975 | 109,091 |
Interest Receivable | 0 | 96 | 57,769 | 939 | 499 | 193 | 369 | 133 | 0 | 28,251 | 655 | 2,053 | 562 | 7,318 |
Pre-Tax Profit | 1,992,221 | 1,538,132 | 19,006 | -14,580 | 451,773 | 526,392 | 87,704 | -116,555 | -232,762 | -556,450 | -311,958 | -384,959 | 1,004,093 | -11,663 |
Tax | -370,430 | -174,749 | 7,639 | 0 | -92,484 | -53,862 | -6,234 | 18,737 | 579 | 11,019 | 14,371 | 108,754 | -290,274 | -821 |
Profit After Tax | 1,621,791 | 1,363,383 | 26,645 | -14,580 | 359,289 | 472,530 | 81,470 | -97,818 | -232,183 | -545,431 | -297,587 | -276,205 | 713,819 | -12,484 |
Dividends Paid | 500,000 | 500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31,000 | 0 |
Retained Profit | 1,121,791 | 863,383 | 26,645 | -14,580 | 359,289 | 472,530 | 81,470 | -97,818 | -232,183 | -545,431 | -297,587 | -276,205 | 682,819 | -12,484 |
Employee Costs | 3,623,065 | 2,981,362 | 2,164,865 | 2,512,222 | 2,456,420 | 2,158,435 | 1,910,276 | 1,930,008 | 1,934,204 | 2,177,480 | 2,601,093 | 2,816,087 | 2,781,954 | 2,169,599 |
Number Of Employees | 40 | 45 | 52 | 52 | 48 | 46 | 46 | 44 | 46 | 56 | 69 | 78 | 74 | 69 |
EBITDA* | 2,045,982 | 1,541,758 | 22,425 | 54,362 | 470,158 | 534,973 | 75,605 | 36,717 | 83,174 | -342,925 | -132,682 | -120,527 | 1,157,077 | 158,401 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 38,756 | 127,991 | 133,306 | 160,220 | 57,797 | 165,698 | 37,294 | 66,326 | 194,495 | 255,102 | 384,500 | 540,203 | 490,927 | 188,282 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 88,496 | 88,496 | 88,496 | 88,496 | 2,655 | 0 | 0 | 100,000 | 143,750 | 393,914 | 458,410 | 458,410 | 458,410 | 441,246 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 121,769 | 48,692 | 0 | 338,986 | 485,330 | 519,233 | 0 | 0 | 0 |
Total Fixed Assets | 127,252 | 127,991 | 133,306 | 160,220 | 57,797 | 165,698 | 85,986 | 166,326 | 677,231 | 1,134,346 | 1,362,143 | 998,613 | 949,337 | 629,528 |
Stock & work in progress | 3,286,204 | 3,215,813 | 3,902,417 | 7,356,151 | 5,790,840 | 3,374,449 | 3,373,027 | 2,536,024 | 3,084,847 | 2,664,131 | 2,014,674 | 2,323,709 | 1,997,800 | 2,047,344 |
Trade Debtors | 416,637 | 193,641 | 249,396 | 212,484 | 233,531 | 238,800 | 197,748 | 471,850 | 173,896 | 125,861 | 211,641 | 205,431 | 234,348 | 244,661 |
Group Debtors | 1,256,002 | 806,887 | 590,033 | 437,937 | 342,671 | 88,294 | 69,775 | 185,578 | 274,635 | 157,653 | 106,479 | 630,166 | 588,347 | 489,121 |
Misc Debtors | 3,746,900 | 1,778,936 | 1,835,245 | 1,164,383 | 1,341,018 | 1,856,037 | 1,313,023 | 677,351 | 659,383 | 635,238 | 456,750 | 890,124 | 648,957 | 397,437 |
Cash | 2,529,547 | 3,563,480 | 2,631,777 | 1,066,996 | 1,532,834 | 887,907 | 924,141 | 651,267 | 0 | 0 | 0 | 0 | 804,048 | 604,161 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 11,235,290 | 9,558,757 | 9,208,868 | 10,237,951 | 9,240,894 | 6,445,487 | 5,877,714 | 4,522,070 | 4,192,761 | 3,582,883 | 2,789,544 | 4,049,430 | 4,273,500 | 3,782,724 |
total assets | 11,362,542 | 9,686,748 | 9,342,174 | 10,398,171 | 9,298,691 | 6,611,185 | 5,963,700 | 4,688,396 | 4,869,992 | 4,717,229 | 4,151,687 | 5,048,043 | 5,222,837 | 4,412,252 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 569,614 | 387,118 | 2,840 | 190,044 | 0 | 219,298 |
Bank loan | 100,000 | 100,000 | 16,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 232,451 | 596,785 | 587,609 | 788,054 | 878,000 | 692,339 | 723,482 | 557,268 | 346,789 | 391,537 | 283,433 | 491,375 | 435,819 | 339,284 |
Group/Directors Accounts | 149,980 | 0 | 0 | 0 | 0 | 0 | 390,768 | 370,667 | 80,811 | 0 | 0 | 62,382 | 24,278 | 0 |
other short term finances | 2,591,526 | 1,911,504 | 2,926,354 | 6,866,935 | 5,248,506 | 3,124,553 | 3,211,351 | 1,733,190 | 2,651,318 | 2,420,299 | 1,779,193 | 1,676,648 | 1,808,995 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 5,050,346 | 4,830,829 | 4,328,444 | 1,770,460 | 2,184,883 | 2,169,680 | 1,486,016 | 1,956,658 | 1,053,027 | 1,017,659 | 1,029,649 | 1,259,064 | 1,350,750 | 2,915,321 |
total current liabilities | 8,124,303 | 7,439,118 | 7,859,074 | 9,425,449 | 8,311,389 | 5,986,572 | 5,811,617 | 4,617,783 | 4,701,559 | 4,216,613 | 3,095,115 | 3,679,513 | 3,619,842 | 3,473,903 |
loans | 250,000 | 766,666 | 966,666 | 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 | 100,000 | 100,000 | 100,000 | 75,000 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 |
provisions | 7,098 | 9,894 | 7,600 | 6,800 | 6,800 | 0 | 0 | 0 | 0 | 0 | 10,525 | 24,896 | 8,156 | 1,329 |
total long term liabilities | 257,098 | 388,280 | 487,133 | 3,400 | 3,400 | 0 | 0 | 0 | 0 | 100,000 | 110,525 | 124,896 | 83,156 | 101,329 |
total liabilities | 8,381,401 | 7,827,398 | 8,346,207 | 9,428,849 | 8,314,789 | 5,986,572 | 5,811,617 | 4,617,783 | 4,701,559 | 4,316,613 | 3,205,640 | 3,804,409 | 3,702,998 | 3,575,232 |
net assets | 2,981,141 | 1,859,350 | 995,967 | 969,322 | 983,902 | 624,613 | 152,083 | 70,613 | 168,433 | 400,616 | 946,047 | 1,243,634 | 1,519,839 | 837,020 |
total shareholders funds | 2,981,141 | 1,859,350 | 995,967 | 969,322 | 983,902 | 624,613 | 152,083 | 70,613 | 168,433 | 400,616 | 946,047 | 1,243,634 | 1,519,839 | 837,020 |
Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 2,015,291 | 1,511,280 | -14,820 | 17,886 | 445,037 | 512,979 | 36,928 | -30,131 | -38,088 | -446,913 | -241,063 | -241,796 | 1,078,506 | 90,110 |
Depreciation | 30,691 | 30,478 | 37,245 | 36,476 | 25,121 | 21,994 | 38,677 | 66,848 | 95,776 | 75,638 | 108,381 | 121,269 | 78,571 | 68,291 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,486 | 28,350 | 0 | 0 | 0 | 0 |
Tax | -370,430 | -174,749 | 7,639 | 0 | -92,484 | -53,862 | -6,234 | 18,737 | 579 | 11,019 | 14,371 | 108,754 | -290,274 | -821 |
Stock | 70,391 | -686,604 | -3,453,734 | 1,565,311 | 2,416,391 | 1,422 | 837,003 | -548,823 | 420,716 | 649,457 | -309,035 | 325,909 | -49,544 | 2,047,344 |
Debtors | 2,640,075 | 104,790 | 859,870 | -102,416 | -387,680 | 675,662 | 294,459 | -112,121 | 42,818 | 109,979 | -431,618 | 254,069 | 340,433 | 1,131,219 |
Creditors | -364,334 | 9,176 | -200,445 | -89,946 | 185,661 | -31,143 | 166,214 | 210,479 | -44,748 | 108,104 | -207,942 | 55,556 | 96,535 | 339,284 |
Accruals and Deferred Income | 219,517 | 502,385 | 2,557,984 | -414,423 | 15,203 | 683,664 | -470,642 | 903,631 | -64,632 | -11,990 | -229,415 | -66,686 | -1,489,571 | 2,915,321 |
Deferred Taxes & Provisions | -2,796 | 2,294 | 800 | 0 | 6,800 | 0 | 0 | 0 | 0 | -10,525 | -14,371 | 16,740 | 6,827 | 1,329 |
Cash flow from operations | -1,182,527 | 2,462,678 | 4,982,267 | -1,912,902 | -1,443,373 | 456,548 | -1,366,519 | 1,830,508 | -489,161 | -1,005,753 | 170,614 | -586,141 | -810,295 | 234,951 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 85,841 | 2,655 | 0 | -100,000 | -43,750 | -250,164 | -64,496 | 0 | 0 | 17,164 | 441,246 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 83,333 | 16,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 149,980 | 0 | 0 | 0 | 0 | -390,768 | 20,101 | 289,856 | 80,811 | 0 | -62,382 | 38,104 | 24,278 | 0 |
Other Short Term Loans | 680,022 | -1,014,850 | -3,940,581 | 1,618,429 | 2,123,953 | -86,798 | 1,478,161 | -918,128 | 231,019 | 641,106 | 102,545 | -132,347 | 1,808,995 | 0 |
Long term loans | -516,666 | -200,000 | 966,666 | 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 | -100,000 | 100,000 |
share issue | ||||||||||||||
interest | -29,355 | -42,538 | 39,436 | -11,199 | -3,081 | -13,813 | -15,834 | -42,674 | -61,674 | -45,041 | -70,895 | -143,163 | -74,413 | -101,773 |
cash flow from financing | 283,981 | -1,174,055 | -2,917,812 | 1,607,230 | 2,120,872 | -491,379 | 1,482,428 | -670,948 | 250,156 | 596,065 | -30,732 | -237,406 | 1,658,860 | 847,731 |
cash and cash equivalents | ||||||||||||||
cash | -1,033,933 | 931,703 | 1,564,781 | -465,838 | 644,927 | -36,234 | 272,874 | 651,267 | 0 | 0 | 0 | -804,048 | 199,887 | 604,161 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -569,614 | 182,496 | 384,278 | -187,204 | 190,044 | -219,298 | 219,298 |
change in cash | -1,033,933 | 931,703 | 1,564,781 | -465,838 | 644,927 | -36,234 | 272,874 | 1,220,881 | -182,496 | -384,278 | 187,204 | -994,092 | 419,185 | 384,863 |
ancasta international boat sales limited Credit Report and Business Information
Ancasta International Boat Sales Limited Competitor Analysis
Perform a competitor analysis for ancasta international boat sales limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in SO31 area or any other competitors across 12 key performance metrics.
ancasta international boat sales limited Ownership
ANCASTA INTERNATIONAL BOAT SALES LIMITED group structure
Ancasta International Boat Sales Limited has no subsidiary companies.
Ultimate parent company
2 parents
ANCASTA INTERNATIONAL BOAT SALES LIMITED
02560541
ancasta international boat sales limited directors
Ancasta International Boat Sales Limited currently has 4 directors. The longest serving directors include Mr Nicholas Griffith (Oct 1997) and Mr William Blair (Jun 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Nicholas Griffith | 59 years | Oct 1997 | - | Director | |
Mr William Blair | 53 years | Jun 2013 | - | Director | |
Mrs Kathryn Stewart | 52 years | Oct 2017 | - | Director | |
Mrs Fiona Griffith | 60 years | Sep 2018 | - | Director |
P&L
December 2022turnover
35.2m
+10%
operating profit
2m
+33%
gross margin
22.1%
+30.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3m
+0.6%
total assets
11.4m
+0.17%
cash
2.5m
-0.29%
net assets
Total assets minus all liabilities
ancasta international boat sales limited company details
company number
02560541
Type
Private limited with Share Capital
industry
47640 - Retail sale of sporting equipment in specialised stores
incorporation date
November 1990
age
34
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
ancasta boat sales limited (November 1997)
sentinel life limited (November 1992)
accountant
-
auditor
MOORE (SOUTH) LLP
address
port hamble, satchell lane, hamble, southampton, hampshire, SO31 4QD
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
ancasta international boat sales 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 205 charges/mortgages relating to ancasta international boat sales limited. Currently there are 18 open charges and 187 have been satisfied in the past.
ancasta international boat sales 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 ANCASTA INTERNATIONAL BOAT SALES LIMITED. This can take several minutes, an email will notify you when this has completed.
ancasta international boat sales limited Companies House Filings - See Documents
date | description | view/download |
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