southern pacific securities 04-1 plc
southern pacific securities 04-1 plc Company Information
Company Number
04930716
Next Accounts
2071 days late
Directors
Shareholders
southern pacific 04-1 parent ltd
link corporate trustees (uk) limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
7th floor 21 lombard street, london, EC3V 9AH
Website
-southern pacific securities 04-1 plc Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN PACIFIC SECURITIES 04-1 PLC at £528.5k based on a Turnover of £921k and 0.57x industry multiple (adjusted for size and gross margin).
southern pacific securities 04-1 plc Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN PACIFIC SECURITIES 04-1 PLC at £8.1m based on an EBITDA of £2m and a 4.08x industry multiple (adjusted for size and gross margin).
southern pacific securities 04-1 plc Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN PACIFIC SECURITIES 04-1 PLC at £762.2k based on Net Assets of £322k and 2.37x industry multiple (adjusted for liquidity).
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Southern Pacific Securities 04-1 Plc Overview
Southern Pacific Securities 04-1 Plc is a live company located in london, EC3V 9AH with a Companies House number of 04930716. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2003, it's largest shareholder is southern pacific 04-1 parent ltd with a 100% stake. Southern Pacific Securities 04-1 Plc is a mature, small sized company, Pomanda has estimated its turnover at £921k with declining growth in recent years.
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Southern Pacific Securities 04-1 Plc Health Check
Pomanda's financial health check has awarded Southern Pacific Securities 04-1 Plc a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £921k, make it smaller than the average company (£1.7m)
£921k - Southern Pacific Securities 04-1 Plc
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (4.3%)
-10% - Southern Pacific Securities 04-1 Plc
4.3% - Industry AVG
Production
with a gross margin of 41.5%, this company has a comparable cost of product (38.5%)
41.5% - Southern Pacific Securities 04-1 Plc
38.5% - Industry AVG
Profitability
an operating margin of 214.8% make it more profitable than the average company (6.6%)
214.8% - Southern Pacific Securities 04-1 Plc
6.6% - Industry AVG
Employees
with 8 employees, this is below the industry average (18)
- Southern Pacific Securities 04-1 Plc
18 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Southern Pacific Securities 04-1 Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £115.1k, this is equally as efficient (£128.2k)
- Southern Pacific Securities 04-1 Plc
£128.2k - Industry AVG
Debtor Days
it gets paid by customers after 985 days, this is later than average (44 days)
985 days - Southern Pacific Securities 04-1 Plc
44 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Southern Pacific Securities 04-1 Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Southern Pacific Securities 04-1 Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 50 weeks, this is more cash available to meet short term requirements (23 weeks)
50 weeks - Southern Pacific Securities 04-1 Plc
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.9%, this is a higher level of debt than the average (66.9%)
98.9% - Southern Pacific Securities 04-1 Plc
66.9% - Industry AVG
SOUTHERN PACIFIC SECURITIES 04-1 PLC financials
Southern Pacific Securities 04-1 Plc's latest turnover from November 2017 is £921 thousand and the company has net assets of £322 thousand. According to their latest financial statements, we estimate that Southern Pacific Securities 04-1 Plc has 8 employees and maintains cash reserves of £10.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 921,000 | 1,130,000 | 1,129,000 | 1,267,000 | 1,387,000 | 1,801,000 | 1,911,000 | 1,912,000 | 2,591,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 539,000 | 636,000 | 697,000 | 718,000 | 820,000 | 1,368,000 | 1,358,000 | 1,348,000 | 1,939,000 |
| Gross Profit | 382,000 | 494,000 | 432,000 | 549,000 | 567,000 | 433,000 | 553,000 | 564,000 | 652,000 |
| Admin Expenses | 546,000 | ||||||||
| Operating Profit | 3,000 | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 108,000 | 165,000 | 2,000 | 3,000 | 2,000 | 3,000 | 4,000 | -117,000 | -673,000 |
| Tax | -20,000 | -31,000 | 0 | 0 | 0 | 0 | -8,000 | 5,000 | 142,000 |
| Profit After Tax | 88,000 | 134,000 | 2,000 | 3,000 | 2,000 | 3,000 | -4,000 | -112,000 | -531,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 88,000 | 134,000 | 2,000 | 3,000 | 2,000 | 3,000 | -4,000 | -112,000 | -531,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | |||||||||
| EBITDA* | 3,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 16,562,000 | 18,587,000 | 21,918,000 | 25,368,000 | 27,522,000 | 29,131,000 | 31,498,000 | 34,859,000 | 39,332,000 |
| Total Fixed Assets | 16,562,000 | 18,587,000 | 21,918,000 | 25,368,000 | 27,522,000 | 29,131,000 | 31,498,000 | 34,859,000 | 39,332,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,487,000 | 2,357,000 | 977,000 | 1,038,000 | 1,124,000 | 1,323,000 | 1,307,000 | 1,427,000 | 1,581,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,000 | 8,000 | 9,000 | 11,000 | 7,000 | 23,000 | 40,000 | 34,000 | 208,000 |
| Cash | 10,280,000 | 10,145,000 | 10,645,000 | 10,352,000 | 10,325,000 | 30,592,000 | 31,033,000 | 30,522,000 | 31,920,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,769,000 | 12,510,000 | 11,631,000 | 11,401,000 | 11,456,000 | 31,938,000 | 32,380,000 | 31,983,000 | 33,709,000 |
| total assets | 29,331,000 | 31,097,000 | 33,549,000 | 36,769,000 | 38,978,000 | 61,069,000 | 63,878,000 | 66,842,000 | 73,041,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,000 | 3,000 | 3,000 | 3,000 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 10,205,000 | 10,324,000 | 10,507,000 | 10,659,000 | 0 | 0 | 9,240,000 | 8,653,000 | 8,293,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 338,000 | 354,000 | 417,000 | 414,000 | 10,812,000 | 30,533,000 | 20,871,000 | 20,987,000 | 21,014,000 |
| total current liabilities | 10,546,000 | 10,681,000 | 10,927,000 | 11,076,000 | 10,812,000 | 30,533,000 | 30,111,000 | 29,640,000 | 29,307,000 |
| loans | 18,412,000 | 20,151,000 | 22,522,000 | 25,595,000 | 28,071,000 | 30,443,000 | 33,677,000 | 37,108,000 | 43,528,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 51,000 | 31,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 18,463,000 | 20,182,000 | 22,522,000 | 25,595,000 | 28,071,000 | 30,443,000 | 33,677,000 | 37,108,000 | 43,528,000 |
| total liabilities | 29,009,000 | 30,863,000 | 33,449,000 | 36,671,000 | 38,883,000 | 60,976,000 | 63,788,000 | 66,748,000 | 72,835,000 |
| net assets | 322,000 | 234,000 | 100,000 | 98,000 | 95,000 | 93,000 | 90,000 | 94,000 | 206,000 |
| total shareholders funds | 322,000 | 234,000 | 100,000 | 98,000 | 95,000 | 93,000 | 90,000 | 94,000 | 206,000 |
| Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 3,000 | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -20,000 | -31,000 | 0 | 0 | 0 | 0 | -8,000 | 5,000 | 142,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,901,000 | -1,952,000 | -3,513,000 | -2,236,000 | -1,824,000 | -2,368,000 | -3,475,000 | -4,801,000 | 41,121,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -16,000 | -63,000 | 3,000 | -10,398,000 | -19,721,000 | 9,662,000 | -116,000 | -27,000 | 21,014,000 |
| Deferred Taxes & Provisions | 20,000 | 31,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -8,159,000 | ||||||||
| Investing Activities | |||||||||
| capital expenditure | 3,533,000 | 2,317,000 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 3,533,000 | 2,317,000 | |||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 3,000 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -119,000 | -183,000 | -152,000 | 10,659,000 | 0 | -9,240,000 | 587,000 | 360,000 | 8,293,000 |
| Long term loans | -1,739,000 | -2,371,000 | -3,073,000 | -2,476,000 | -2,372,000 | -3,234,000 | -3,431,000 | -6,420,000 | 43,528,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -1,858,000 | -2,554,000 | -3,225,000 | 8,186,000 | -2,372,000 | -12,474,000 | -2,844,000 | -6,060,000 | 52,558,000 |
| cash and cash equivalents | |||||||||
| cash | 135,000 | -500,000 | 293,000 | 27,000 | -20,267,000 | -441,000 | 511,000 | -1,398,000 | 31,920,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 135,000 | -500,000 | 293,000 | 27,000 | -20,267,000 | -441,000 | 511,000 | -1,398,000 | 31,920,000 |
southern pacific securities 04-1 plc Credit Report and Business Information
Southern Pacific Securities 04-1 Plc Competitor Analysis
Perform a competitor analysis for southern pacific securities 04-1 plc by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EC3V area or any other competitors across 12 key performance metrics.
southern pacific securities 04-1 plc Ownership
SOUTHERN PACIFIC SECURITIES 04-1 PLC group structure
Southern Pacific Securities 04-1 Plc has no subsidiary companies.
Ultimate parent company
APEX GROUP LTD
#0070197
2 parents
SOUTHERN PACIFIC SECURITIES 04-1 PLC
04930716
southern pacific securities 04-1 plc directors
Southern Pacific Securities 04-1 Plc currently has 1 director, Mr Colin Benford serving since Jul 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Benford | United Kingdom | 63 years | Jul 2015 | - | Director |
P&L
November 2017turnover
921k
-18%
operating profit
2m
0%
gross margin
41.5%
-5.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2017net assets
322k
+0.38%
total assets
29.3m
-0.06%
cash
10.3m
+0.01%
net assets
Total assets minus all liabilities
southern pacific securities 04-1 plc company details
company number
04930716
Type
Public limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
November 2017
previous names
southern pacific securities i plc (January 2004)
duchessdale plc (December 2003)
accountant
-
auditor
-
address
7th floor 21 lombard street, london, EC3V 9AH
Bank
BARCLAYS BANK PLC
Legal Advisor
-
southern pacific securities 04-1 plc 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 did not find charges/mortgages relating to southern pacific securities 04-1 plc.
southern pacific securities 04-1 plc 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.
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southern pacific securities 04-1 plc Companies House Filings - See Documents
| date | description | view/download |
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