celtic cruises limited
celtic cruises limited Company Information
Company Number
04256055
Website
www.celticcruises.co.ukRegistered Address
2 the precinct, rest bay, porthcawl, CF36 3RF
Industry
Sea and coastal passenger water transport
Telephone
01446734361
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
geoffrey boerne 55%
econowind bv 24%
View Allceltic cruises limited Estimated Valuation
Pomanda estimates the enterprise value of CELTIC CRUISES LIMITED at £81.9k based on a Turnover of £119.8k and 0.68x industry multiple (adjusted for size and gross margin).
celtic cruises limited Estimated Valuation
Pomanda estimates the enterprise value of CELTIC CRUISES LIMITED at £0 based on an EBITDA of £-18.3k and a 2.67x industry multiple (adjusted for size and gross margin).
celtic cruises limited Estimated Valuation
Pomanda estimates the enterprise value of CELTIC CRUISES LIMITED at £0 based on Net Assets of £-128.5k and 1.6x industry multiple (adjusted for liquidity).
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Celtic Cruises Limited Overview
Celtic Cruises Limited is a live company located in porthcawl, CF36 3RF with a Companies House number of 04256055. It operates in the sea and coastal passenger water transport sector, SIC Code 50100. Founded in July 2001, it's largest shareholder is geoffrey boerne with a 55% stake. Celtic Cruises Limited is a mature, micro sized company, Pomanda has estimated its turnover at £119.8k with declining growth in recent years.
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Celtic Cruises Limited Health Check
Pomanda's financial health check has awarded Celtic Cruises Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £119.8k, make it smaller than the average company (£7.7m)
- Celtic Cruises Limited
£7.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (3.7%)
- Celtic Cruises Limited
3.7% - Industry AVG
Production
with a gross margin of 23.9%, this company has a comparable cost of product (23.9%)
- Celtic Cruises Limited
23.9% - Industry AVG
Profitability
an operating margin of -15.3% make it less profitable than the average company (7%)
- Celtic Cruises Limited
7% - Industry AVG
Employees
with 2 employees, this is below the industry average (34)
2 - Celtic Cruises Limited
34 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
- Celtic Cruises Limited
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £59.9k, this is less efficient (£139.1k)
- Celtic Cruises Limited
£139.1k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (14 days)
- Celtic Cruises Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (21 days)
- Celtic Cruises Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Celtic Cruises Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Celtic Cruises Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 169.1%, this is a higher level of debt than the average (65.6%)
169.1% - Celtic Cruises Limited
65.6% - Industry AVG
CELTIC CRUISES LIMITED financials
Celtic Cruises Limited's latest turnover from December 2023 is estimated at £119.8 thousand and the company has net assets of -£128.5 thousand. According to their latest financial statements, Celtic Cruises Limited has 2 employees and maintains cash reserves of 0 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 | 12 | 12 | 10 | 0 | 744 | 4,584 | 0 | 0 | 2,650 | 1,865 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 475 | 781 | 0 | |||||
| Gross Profit | 12 | 12 | 10 | 0 | 744 | 4,584 | 0 | -475 | 1,869 | 1,865 | |||||
| Admin Expenses | 7,033 | 7,822 | 9,310 | 8,205 | 8,462 | 9,194 | 9,810 | 10,246 | 12,073 | 20,175 | |||||
| Operating Profit | -7,021 | -7,810 | -9,300 | -8,205 | -7,718 | -4,610 | -9,810 | -10,721 | -10,204 | -18,310 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | -7,021 | -7,810 | -9,300 | -8,205 | -7,718 | -4,610 | -9,810 | -10,721 | -10,204 | -18,310 | |||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Profit After Tax | -7,021 | -7,810 | -9,300 | -8,205 | -7,718 | -4,610 | -9,810 | -10,721 | -10,204 | -18,310 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Retained Profit | -7,021 | -7,810 | -9,300 | -8,205 | -7,718 | -4,610 | -9,810 | -10,721 | -10,204 | -18,310 | |||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | ||||||||||
| EBITDA* | -2,848 | -2,867 | -3,181 | -3,283 | -2,398 | 1,152 | -3,552 | -3,904 | -2,754 | -10,139 |
* 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 | 185,152 | 184,979 | 145,328 | 70,931 | 59,961 | 63,612 | 67,785 | 72,728 | 78,847 | 83,769 | 89,089 | 94,851 | 101,109 | 107,926 | 115,376 |
| 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 | 185,152 | 184,979 | 145,328 | 70,931 | 59,961 | 63,612 | 67,785 | 72,728 | 78,847 | 83,769 | 89,089 | 94,851 | 101,109 | 107,926 | 115,376 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 679 | 5,274 | 9,866 | 20,442 | 22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 239 | 120 | 1 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 32 | 29 | 378 | 0 | 0 | 59 | 115 | 544 | 1,281 | 684 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 679 | 5,274 | 9,866 | 20,442 | 22 | 32 | 29 | 378 | 0 | 0 | 59 | 115 | 783 | 1,401 | 685 |
| total assets | 185,831 | 190,253 | 155,194 | 91,373 | 59,983 | 63,644 | 67,814 | 73,106 | 78,847 | 83,769 | 89,148 | 94,966 | 101,892 | 109,327 | 116,061 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 4,589 | 4,589 | 4,589 | 0 | 0 | 0 | 4,027 | 3,697 | 3,462 | 3,161 |
| Trade Creditors | 3,588 | 2,458 | 11,989 | 5,045 | 2,138 | 370 | 370 | 365 | 5,427 | 5,006 | 5,519 | 0 | 0 | 0 | 385 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 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 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 465 | 445 | 445 | 0 |
| total current liabilities | 3,588 | 2,458 | 11,989 | 5,045 | 2,138 | 4,959 | 4,959 | 4,954 | 5,427 | 5,006 | 5,519 | 4,492 | 4,142 | 3,907 | 3,546 |
| loans | 0 | 0 | 0 | 0 | 0 | 237,617 | 234,766 | 232,253 | 0 | 0 | 222,507 | 219,414 | 216,880 | 0 | 210,720 |
| hp & lease commitments | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 310,704 | 297,920 | 315,990 | 239,514 | 0 | 0 | 0 | 0 | 228,221 | 225,359 | 0 | 0 | 0 | 223,741 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 310,704 | 297,920 | 315,990 | 239,514 | 0 | 237,617 | 234,766 | 232,253 | 228,221 | 225,359 | 222,507 | 219,414 | 216,880 | 223,741 | 210,720 |
| total liabilities | 314,292 | 300,378 | 327,979 | 244,559 | 2,138 | 242,576 | 239,725 | 237,207 | 233,648 | 230,365 | 228,026 | 223,906 | 221,022 | 227,648 | 214,266 |
| net assets | -128,461 | -110,125 | -172,785 | -153,186 | 57,845 | -178,932 | -171,911 | -164,101 | -154,801 | -146,596 | -138,878 | -128,940 | -119,130 | -118,321 | -98,205 |
| total shareholders funds | -128,461 | -110,125 | -172,515 | -153,186 | -185,527 | -178,932 | -171,911 | -164,101 | -154,801 | -146,596 | -138,878 | -128,940 | -119,130 | -118,321 | -98,205 |
| 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 | -7,021 | -7,810 | -9,300 | -8,205 | -7,718 | -4,610 | -9,810 | -10,721 | -10,204 | -18,310 | |||||
| Depreciation | 4,173 | 4,943 | 6,119 | 4,922 | 5,320 | 5,762 | 6,258 | 6,817 | 7,450 | 8,171 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,595 | -4,592 | -10,576 | 20,420 | 22 | 0 | 0 | 0 | 0 | 0 | 0 | -239 | 119 | 119 | 1 |
| Creditors | 1,130 | -9,531 | 6,944 | 2,907 | 1,768 | 0 | 5 | -5,062 | 421 | -513 | 5,519 | 0 | 0 | -385 | 385 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -465 | 20 | 0 | 445 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,848 | -2,862 | -8,243 | -2,862 | -2,911 | 6,206 | -3,293 | -4,023 | -2,813 | -9,755 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | -4,589 | 0 | 0 | 4,589 | 0 | 0 | -4,027 | 330 | 235 | 301 | 3,161 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -237,617 | 2,851 | 2,513 | 232,253 | 0 | -222,507 | 3,093 | 2,534 | 216,880 | -210,720 | 210,720 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 12,784 | -18,070 | 76,476 | 239,514 | 0 | 0 | 0 | -228,221 | 2,862 | 225,359 | 0 | 0 | -223,741 | 223,741 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| cash flow from financing | 2,851 | 2,513 | 8,621 | 2,862 | 2,852 | -6,262 | 3,286 | 3,410 | 133,986 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | -32 | 3 | -349 | 378 | 0 | -59 | -56 | -429 | -737 | 597 | 684 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -32 | 3 | -349 | 378 | 0 | -59 | -56 | -429 | -737 | 597 | 684 |
celtic cruises limited Credit Report and Business Information
Celtic Cruises Limited Competitor Analysis
Perform a competitor analysis for celtic cruises limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in CF36 area or any other competitors across 12 key performance metrics.
celtic cruises limited Ownership
CELTIC CRUISES LIMITED group structure
Celtic Cruises Limited has no subsidiary companies.
Ultimate parent company
CELTIC CRUISES LIMITED
04256055
celtic cruises limited directors
Celtic Cruises Limited currently has 2 directors. The longest serving directors include Mr Geoffrey Boerne (Jul 2001) and Mr Nicholas Rodgers (Jul 2001).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Geoffrey Boerne | 64 years | Jul 2001 | - | Director | |
| Mr Nicholas Rodgers | 66 years | Jul 2001 | - | Director |
P&L
December 2023turnover
119.8k
-28%
operating profit
-18.3k
0%
gross margin
23.9%
+42.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-128.5k
+0.17%
total assets
185.8k
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
celtic cruises limited company details
company number
04256055
Type
Private limited with Share Capital
industry
50100 - Sea and coastal passenger water transport
incorporation date
July 2001
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
celtic cruisers limited (July 2001)
accountant
-
auditor
-
address
2 the precinct, rest bay, porthcawl, CF36 3RF
Bank
BARCLAYS BANK PLC
Legal Advisor
-
celtic cruises 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 3 charges/mortgages relating to celtic cruises limited. Currently there are 3 open charges and 0 have been satisfied in the past.
celtic cruises limited Companies House Filings - See Documents
| date | description | view/download |
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