Oceanic Saunas Limited

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oceanic saunas limited Company Information

Company Number

05090100

Next Accounts

Dec 2025

Directors

Sarah Jones

Robert Jones

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Shareholders

k.w. jones

s. jones

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Group Structure

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Industry

Wholesale of hardware, plumbing and heating equipment and supplies

Registered Address

pountney street pountney street, wolverhampton, west midlands, WV2 4HX

Website

www.oceanic-saunas.co.uk

oceanic saunas limited Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of OCEANIC SAUNAS LIMITED at £3.6m based on Net Assets of £1.8m and 2.04x industry multiple (adjusted for liquidity).

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Oceanic Saunas Limited is a live company located in west midlands, WV2 4HX with a Companies House number of 05090100. It operates in the wholesale of hardware, plumbing and heating equipment and supplies sector, SIC Code 46740. Founded in March 2004, it's largest shareholder is k.w. jones with a 94.4% stake. Oceanic Saunas Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.4m with low growth in recent years.

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Pomanda's financial health check has awarded Oceanic Saunas Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

5 Strong

2 Regular

5 Weak

Size

annual sales of £3.4m, make it smaller than the average company (£17.8m)

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (9.4%)

EXPORT

Oceanic Saunas Limited's latest turnover from March 2024 is estimated at £3.4 million and the company has net assets of £1.8 million. According to their latest financial statements, Oceanic Saunas Limited has 22 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	3,407,442	3,195,027	4,018,663	3,102,726	2,020,663	1,943,072	1,900,433	1,931,621	1,241,098	1,285,475	1,248,102	1,379,976	1,261,805	1,163,217	946,895
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	2,682,724	2,488,646	3,204,375	2,464,699	1,615,604	1,564,761	1,480,615	1,533,751	969,623	1,006,863	968,242	1,072,879	988,175	919,668	740,673
Gross Profit	724,718	706,381	814,289	638,026	405,058	378,311	419,819	397,870	271,476	278,612	279,860	307,097	273,630	243,550	206,222
Admin Expenses	419,713	393,943	561,935	447,644	264,596	208,308	345,185	364,130	172,458	285,862	171,152	329,380	267,693	196,553	-81,847
Operating Profit	305,005	312,438	252,354	190,382	140,462	170,003	74,634	33,740	99,018	-7,250	108,708	-22,283	5,937	46,997	288,069
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	118,012	97,334	17,299	1,823	1,094	6,797	4,104	1,739	2,459	2,066	2,178	1,376	1,361	1,617	631
Pre-Tax Profit	423,017	409,772	269,653	192,205	141,556	176,800	78,738	35,479	101,478	-5,184	110,886	-20,907	7,297	48,614	288,700
Tax	-105,754	-77,857	-51,234	-36,519	-26,896	-33,592	-14,960	-7,096	-20,295	0	-25,504	0	-1,897	-13,612	-80,836
Profit After Tax	317,263	331,915	218,419	155,686	114,660	143,208	63,778	28,383	81,182	-5,184	85,382	-20,907	5,400	35,002	207,864
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	317,263	331,915	218,419	155,686	114,660	143,208	63,778	28,383	81,182	-5,184	85,382	-20,907	5,400	35,002	207,864
Employee Costs	935,544	1,028,674	1,268,842	812,596	716,086	751,805	676,689	735,948	126,260	128,016	120,921	152,826	116,406	122,039	91,475
Number Of Employees	22	25	32	23	21	21	19	22	4	4	4	5	4	4	3
EBITDA*	326,207	328,666	265,220	198,048	149,091	181,123	81,243	41,291	107,189	2,286	117,529	-14,793	12,410	52,382	293,040

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	52,613	42,674	37,979	21,260	24,258	32,887	18,847	20,056	29,664	25,714	25,342	22,403	19,118	14,423	12,808
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	52,613	42,674	37,979	21,260	24,258	32,887	18,847	20,056	29,664	25,714	25,342	22,403	19,118	14,423	12,808
Stock & work in progress	137,040	147,742	343,896	331,524	95,000	67,935	169,417	104,081	194,065	362,010	270,205	347,543	317,485	287,626	300,239
Trade Debtors	582,725	281,488	325,330	209,075	196,878	226,766	214,630	226,133	181,770	167,079	175,641	165,353	255,037	167,100	115,259
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	2,136,981	2,358,730	2,221,682	2,391,297	1,253,798	934,293	878,116	763,590	627,587	356,032	470,468	400,643	149,826	394,417	252,258
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,856,746	2,787,960	2,890,908	2,931,896	1,545,676	1,228,994	1,262,163	1,093,804	1,003,422	885,121	916,314	913,539	722,348	849,143	667,756
total assets	2,909,359	2,830,634	2,928,887	2,953,156	1,569,934	1,261,881	1,281,010	1,113,860	1,033,086	910,835	941,656	935,942	741,466	863,566	680,564
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	1,147,201	1,385,739	1,815,907	2,058,595	831,059	637,666	800,104	696,732	644,341	602,108	628,165	705,717	492,006	620,696	472,696
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	0	0	0	0
total current liabilities	1,147,201	1,385,739	1,815,907	2,058,595	831,059	637,666	800,104	696,732	644,341	602,108	628,165	705,717	492,006	620,696	472,696
loans	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
Accruals and Deferred Income	0	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	0	0	0
provisions	0	0	0	0	0	0	0	0	0	1,164	744	2,860	1,190	0	0
total long term liabilities	0	0	0	0	0	0	0	0	0	1,164	744	2,860	1,190	0	0
total liabilities	1,147,201	1,385,739	1,815,907	2,058,595	831,059	637,666	800,104	696,732	644,341	603,272	628,909	708,577	493,196	620,696	472,696
net assets	1,762,158	1,444,895	1,112,980	894,561	738,875	624,215	480,906	417,128	388,745	307,563	312,747	227,365	248,270	242,870	207,868
total shareholders funds	1,762,158	1,444,895	1,112,980	894,561	738,875	624,215	480,906	417,128	388,745	307,563	312,747	227,365	248,270	242,870	207,868

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	305,005	312,438	252,354	190,382	140,462	170,003	74,634	33,740	99,018	-7,250	108,708	-22,283	5,937	46,997	288,069
Depreciation	21,202	16,228	12,866	7,666	8,629	11,120	6,609	7,551	8,171	9,536	8,821	7,490	6,473	5,385	4,971
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-105,754	-77,857	-51,234	-36,519	-26,896	-33,592	-14,960	-7,096	-20,295	0	-25,504	0	-1,897	-13,612	-80,836
Stock	-10,702	-196,154	12,372	236,524	27,065	-101,482	65,336	-89,984	-167,945	91,805	-77,338	30,058	29,859	-12,613	300,239
Debtors	301,237	-43,842	116,255	12,197	-29,888	12,136	-11,503	44,363	14,691	-8,562	10,288	-89,684	87,937	51,841	115,259
Creditors	-238,538	-430,168	-242,688	1,227,536	193,393	-162,438	103,372	52,391	42,233	-26,057	-77,552	213,711	-128,690	148,000	472,696
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	-1,164	420	-2,116	1,670	1,190	0	0
Cash flow from operations	-308,620	60,637	-157,329	1,140,344	318,411	74,439	115,822	132,207	281,217	-106,594	79,407	260,214	-234,783	147,542	269,402
Investing Activities
capital expenditure	-31,141	-20,923	-29,585	-4,668	0	-25,160	-5,400	2,057	-12,121	-9,908	-11,760	-10,775	-11,168	-7,000	-17,779
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-31,141	-20,923	-29,585	-4,668	0	-25,160	-5,400	2,057	-12,121	-9,908	-11,760	-10,775	-11,168	-7,000	-17,779
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	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	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	101	0	0	0	0	0	2	0	0	4
interest	118,012	97,334	17,299	1,823	1,094	6,797	4,104	1,739	2,459	2,066	2,178	1,376	1,361	1,617	631
cash flow from financing	118,012	97,334	17,299	1,823	1,094	6,898	4,104	1,739	2,459	2,066	2,178	1,378	1,361	1,617	635
cash and cash equivalents
cash	-221,749	137,048	-169,615	1,137,499	319,505	56,177	114,526	136,003	271,555	-114,436	69,825	250,817	-244,591	142,159	252,258
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-221,749	137,048	-169,615	1,137,499	319,505	56,177	114,526	136,003	271,555	-114,436	69,825	250,817	-244,591	142,159	252,258

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for oceanic saunas limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WV2 area or any other competitors across 12 key performance metrics.

OCEANIC SAUNAS LIMITED group structure

Oceanic Saunas Limited has no subsidiary companies.

Ultimate parent company

OCEANIC SAUNAS LIMITED

05090100

OCEANIC SAUNAS LIMITED Shareholders

k.w. jones	94.39%
s. jones	1.87%
peter kenneth jones will trust	1.87%
r. jones	0.93%
mary jones	0.93%

Oceanic Saunas Limited currently has 3 directors. The longest serving directors include Ms Sarah Jones (Feb 2013) and Mr Robert Jones (Apr 2017).

officer	age	start	end	role
Ms Sarah Jones	38 years	Feb 2013	-	Director
Mr Robert Jones	41 years	Apr 2017	-	Director
Mr Kenneth Jones	76 years	Dec 2018	-	Director

P&L

March 2024

turnover

3.4m

+7%

operating profit

305k

gross margin

21.3%

-3.8%

turnover

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

Balance Sheet

March 2024

net assets

1.8m

+0.22%

total assets

2.9m

+0.03%

cash

2.1m

-0.09%

net assets

Total assets minus all liabilities

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company number

05090100

Type

Private limited with Share Capital

industry

46740 - Wholesale of hardware, plumbing and heating equipment and supplies

incorporation date

March 2004

ultimate parent company

None

previous names

direct saunas limited (April 2014)

saunas direct limited (May 2004)

address

pountney street pountney street, wolverhampton, west midlands, WV2 4HX

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.

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oceanic saunas limited Company Information

oceanic saunas limited Estimated Valuation

oceanic saunas limited Estimated Valuation

oceanic saunas limited Estimated Valuation

Oceanic Saunas Limited Overview

Oceanic Saunas Limited Health Check

OCEANIC SAUNAS LIMITED financials

oceanic saunas limited Credit Report and Business Information

Oceanic Saunas Limited Competitor Analysis

oceanic saunas limited Ownership

oceanic saunas limited directors

oceanic saunas limited company details

oceanic saunas limited Charges & Mortgages

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oceanic saunas limited Companies House Filings - See Documents