Pomanda estimates the enterprise value of SEA-BAND LIMITED at £4.2m based on a Turnover of £8.1m and 0.52x industry multiple (adjusted for size and gross margin).
sea-band limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SEA-BAND LIMITED at £0 based on an EBITDA of £-120.3k and a 3.46x industry multiple (adjusted for size and gross margin).
sea-band limitedEstimated Valuation
£5.8m
Pomanda estimates the enterprise value of SEA-BAND LIMITED at £5.8m based on Net Assets of £3.1m and 1.89x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sea-band LimitedOverview
Sea-band Limited is a live company located in leics, LE10 0PR with a Companies House number of 03846407. It operates in the agents specialized in the sale of other particular products sector, SIC Code 46180. Founded in September 1999, it's largest shareholder is
leonard nihan
with a 35.7% stake. Sea-band Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£8.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Sea-Band Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
6 Regular
3 Weak
Size
annual sales of £8.1m, make it in line with the average company (£9.6m)
£8.1m - Sea-band Limited
£9.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (8.1%)
5% - Sea-band Limited
8.1% - Industry AVG
Production
with a gross margin of 30%, this company has a comparable cost of product (30%)
30% - Sea-band Limited
30% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (6.4%)
-1.7% - Sea-band Limited
6.4% - Industry AVG
Employees
with 32 employees, this is above the industry average (16)
32 - Sea-band Limited
16 - Industry AVG
Pay Structure
on an average salary of £61.5k, the company has an equivalent pay structure (£61.5k)
£61.5k - Sea-band Limited
£61.5k - Industry AVG
Efficiency
resulting in sales per employee of £252.5k, this is less efficient (£430.4k)
£252.5k - Sea-band Limited
£430.4k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is near the average (52 days)
60 days - Sea-band Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is close to average (26 days)
28 days - Sea-band Limited
26 days - Industry AVG
Stock Days
it holds stock equivalent to 71 days, this is in line with average (67 days)
71 days - Sea-band Limited
67 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 69 weeks, this is more cash available to meet short term requirements (16 weeks)
69 weeks - Sea-band Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.9%, this is a lower level of debt than the average (52.7%)
16.9% - Sea-band Limited
52.7% - Industry AVG
SEA-BAND LIMITED financials
EXPORT
Sea-Band Limited's latest turnover from September 2024 is estimated at £8.1 million and the company has net assets of £3.1 million. According to their latest financial statements, Sea-Band Limited has 32 employees and maintains cash reserves of £803.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
8,080,938
8,107,109
8,964,553
6,882,316
5,150,682
7,254,490
6,215,109
6,454,058
6,145,576
6,946,232
6,082,650
5,511,088
4,737,159
4,571,146
3,841,092
Other Income Or Grants
Cost Of Sales
5,655,674
5,701,602
6,402,775
4,987,323
3,624,137
5,172,887
4,465,882
4,666,510
4,410,945
5,044,819
4,555,734
4,132,950
3,538,882
3,422,170
2,795,176
Gross Profit
2,425,264
2,405,507
2,561,778
1,894,993
1,526,545
2,081,603
1,749,227
1,787,548
1,734,631
1,901,413
1,526,916
1,378,138
1,198,277
1,148,976
1,045,915
Admin Expenses
2,564,972
1,775,032
2,465,306
1,774,730
1,470,912
1,917,438
1,570,095
1,672,237
1,594,819
1,739,986
1,351,986
1,221,728
1,056,094
969,617
866,015
-647,286
Operating Profit
-139,708
630,475
96,472
120,263
55,633
164,165
179,132
115,311
139,812
161,427
174,930
156,410
142,183
179,359
179,900
647,286
Interest Payable
43,496
43,496
40,274
80,548
83,769
83,769
83,769
83,769
83,769
83,769
41,885
Interest Receivable
37,156
35,549
16,568
706
660
4,900
4,455
1,216
885
2,056
1,942
1,322
1,708
2,086
1,651
650
Pre-Tax Profit
-102,552
666,024
113,040
120,969
56,293
125,569
140,091
76,253
60,149
79,714
93,103
73,962
60,121
97,676
97,782
606,051
Tax
-166,506
-21,478
-22,984
-10,696
-23,858
-26,617
-14,488
-12,030
-15,943
-19,552
-17,011
-14,429
-25,396
-27,379
-169,694
Profit After Tax
-102,552
499,518
91,562
97,985
45,597
101,711
113,474
61,765
48,119
63,771
73,551
56,951
45,692
72,280
70,403
436,357
Dividends Paid
Retained Profit
-102,552
499,518
91,562
97,985
45,597
101,711
113,474
61,765
48,119
63,771
73,551
56,951
45,692
72,280
70,403
436,357
Employee Costs
1,969,463
1,891,180
1,840,944
1,484,486
1,196,795
1,241,284
1,146,000
1,160,127
973,614
960,934
823,308
798,856
633,662
647,916
605,351
Number Of Employees
32
33
34
28
24
24
24
25
21
22
19
19
15
16
16
EBITDA*
-120,300
656,729
122,732
120,263
87,234
273,024
291,919
211,985
231,273
255,024
283,798
265,729
248,731
273,825
273,053
739,699
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
345,933
362,826
389,080
413,126
429,359
457,460
382,226
325,950
322,791
333,000
353,677
366,281
371,081
328,586
42,882
54,783
Intangible Assets
71,180
152,432
233,684
314,936
396,188
477,440
558,692
639,944
721,196
802,448
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
345,933
362,826
389,080
413,126
429,359
457,460
453,406
478,382
556,475
647,936
749,865
843,721
929,773
968,530
764,078
857,231
Stock & work in progress
1,101,858
1,478,687
941,052
490,053
688,937
704,241
646,357
694,815
975,111
894,345
643,586
632,010
544,170
495,517
535,708
445,452
Trade Debtors
1,348,150
1,303,805
1,663,676
1,426,835
1,055,149
1,472,399
1,390,162
1,409,982
1,225,010
1,199,459
1,067,151
1,001,286
865,934
868,474
732,428
873,221
Group Debtors
Misc Debtors
88,335
155,426
169,859
151,406
306,938
227,417
129,827
173,891
86,823
35,000
Cash
803,654
682,569
671,677
801,003
610,794
708,922
597,627
590,501
382,230
325,466
497,079
279,691
249,075
434,056
400,383
260,069
misc current assets
total current assets
3,341,997
3,620,487
3,446,264
2,869,297
2,661,818
3,112,979
2,763,973
2,869,189
2,669,174
2,419,270
2,207,816
1,912,987
1,694,179
1,798,047
1,668,519
1,578,742
total assets
3,687,930
3,983,313
3,835,344
3,282,423
3,091,177
3,570,439
3,217,379
3,347,571
3,225,649
3,067,206
2,957,681
2,756,708
2,623,952
2,766,577
2,432,597
2,435,973
Bank overdraft
Bank loan
Trade Creditors
443,327
584,840
692,824
459,417
221,353
682,651
458,142
574,231
537,695
952,535
903,773
774,036
694,154
892,610
625,843
700,014
Group/Directors Accounts
1,348
other short term finances
hp & lease commitments
other current liabilities
158,378
203,239
444,331
218,183
362,027
436,155
409,315
549,773
526,152
total current liabilities
601,705
789,427
1,137,155
677,600
583,380
1,118,806
867,457
1,124,004
1,063,847
952,535
903,773
774,036
694,154
892,610
625,843
700,014
loans
1,288,761
1,288,761
1,288,761
1,288,761
1,288,761
1,288,761
1,288,761
1,288,761
1,288,761
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,288,761
1,288,761
1,288,761
provisions
20,280
25,389
29,210
27,406
28,365
17,798
17,798
4,917
4,917
5,905
8,913
11,228
15,305
5,166
10,233
9,841
total long term liabilities
20,280
25,389
29,210
27,406
1,317,126
1,306,559
1,306,559
1,293,678
1,293,678
1,294,666
1,297,674
1,299,989
1,304,066
1,293,927
1,298,994
1,298,602
total liabilities
621,985
814,816
1,166,365
705,006
1,900,506
2,425,365
2,174,016
2,417,682
2,357,525
2,247,201
2,201,447
2,074,025
1,998,220
2,186,537
1,924,837
1,998,616
net assets
3,065,945
3,168,497
2,668,979
2,577,417
1,190,671
1,145,074
1,043,363
929,889
868,124
820,005
756,234
682,683
625,732
580,040
507,760
437,357
total shareholders funds
3,065,945
3,168,497
2,668,979
2,577,417
1,190,671
1,145,074
1,043,363
929,889
868,124
820,005
756,234
682,683
625,732
580,040
507,760
437,357
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
-139,708
630,475
96,472
120,263
55,633
164,165
179,132
115,311
139,812
161,427
174,930
156,410
142,183
179,359
179,900
647,286
Depreciation
19,408
26,254
26,260
31,601
37,679
31,535
15,422
10,209
12,345
27,616
28,067
25,296
13,214
11,901
11,161
Amortisation
71,180
81,252
81,252
81,252
81,252
81,252
81,252
81,252
81,252
81,252
81,252
Tax
-166,506
-21,478
-22,984
-10,696
-23,858
-26,617
-14,488
-12,030
-15,943
-19,552
-17,011
-14,429
-25,396
-27,379
-169,694
Stock
-376,829
537,635
450,999
-198,884
-15,304
57,884
-48,458
-280,296
80,766
250,759
11,576
87,840
48,653
-40,191
90,256
445,452
Debtors
-22,746
-374,304
255,294
216,154
-337,729
179,827
-63,884
272,040
112,374
132,308
65,865
100,352
32,460
136,046
-140,793
873,221
Creditors
-141,513
-107,984
233,407
238,064
-461,298
224,509
-116,089
36,536
-414,840
48,762
129,737
79,882
-198,456
266,767
-74,171
700,014
Accruals and Deferred Income
-44,861
-241,092
226,148
-143,844
-74,128
26,840
-140,458
23,621
526,152
Deferred Taxes & Provisions
-5,109
-3,821
1,804
-959
10,567
12,881
-988
-3,008
-2,315
-4,077
10,139
-5,067
392
9,841
Cash flow from operations
87,792
-26,005
-143,680
173,270
-95,288
262,804
133,978
265,910
136,427
-98,232
314,227
136,331
-35,128
414,274
222,432
-38,813
Investing Activities
capital expenditure
-2,515
-2,214
16,233
-3,500
-112,913
-87,811
-18,581
8,332
-15,012
-23,267
-67,791
-298,918
-949,644
Change in Investments
cash flow from investments
-2,515
-2,214
16,233
-3,500
-112,913
-87,811
-18,581
8,332
-15,012
-23,267
-67,791
-298,918
-949,644
Financing Activities
Bank loans
Group/Directors Accounts
-1,348
1,348
Other Short Term Loans
Long term loans
-1,288,761
1,288,761
-1,288,761
1,288,761
Hire Purchase and Lease Commitments
other long term liabilities
-1,288,761
1,288,761
-1,288,761
1,288,761
share issue
1,288,761
1,000
interest
37,156
35,549
16,568
706
660
-38,596
-39,041
-39,058
-79,663
-81,713
-81,827
-82,447
-82,061
-81,683
-82,118
-41,235
cash flow from financing
35,808
36,897
16,568
706
660
-38,596
-39,041
-39,058
-79,663
-81,713
-81,827
-82,447
-82,061
-81,683
-82,118
1,248,526
cash and cash equivalents
cash
121,085
10,892
-129,326
190,209
-98,128
111,295
7,126
208,271
56,764
-171,613
217,388
30,616
-184,981
33,673
140,314
260,069
overdraft
change in cash
121,085
10,892
-129,326
190,209
-98,128
111,295
7,126
208,271
56,764
-171,613
217,388
30,616
-184,981
33,673
140,314
260,069
sea-band limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for sea-band limited. Get real-time insights into sea-band limited's credit score, group structure and payment trends.
Perform a competitor analysis for sea-band limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in LE10 area or any other competitors across 12 key performance metrics.
sea-band limited Ownership
SEA-BAND LIMITED group structure
Sea-Band Limited has no subsidiary companies.
Ultimate parent company
SEA-BAND LIMITED
03846407
SEA-BAND LIMITED Shareholders
The largest shareholders in Sea-Band Limited include Leonard Nihan and Elaine Bennett.
leonard nihan
35.71%
elaine bennett
32.83%
alexandra creed
15.71%
kathryn bennett
15.71%
penelope chatburn
0.01%
byron stephen chatburn
0.01%
samuel edward bennett
0.01%
christian bennett
0.01%
adam bennett
0.01%
alex chatburn
0%
sea-band limited directors
Sea-Band Limited currently has 4 directors.
The longest serving directors include
Mr Byron Chatburn (Sep 1999) and
Mr Leonard Nihan (Oct 1999).
46180 - Agents specialised in the sale of other particular products
incorporation date
September 1999
age
26
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
September 2024
previous names
N/A
accountant
-
auditor
-
address
8 hawley road, hinckley, leics, LE10 0PR
Bank
-
Legal Advisor
-
sea-band 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 5 charges/mortgages relating to sea-band limited. Currently there are 2 open charges and 3 have been satisfied in the past.
sea-band 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 SEA-BAND LIMITED. This can take several minutes, an email will notify you when this has completed.
sea-band limitedCompanies House Filings - See Documents
