golden bay holiday village (westward ho!) ltd
golden bay holiday village (westward ho!) ltd Company Information
Company Number
05241581
Website
-Registered Address
golden bay holiday village, merley road, bideford, devon, EX39 1LB
Industry
Holiday centres and villages
Telephone
441237474161
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mary ann hall 39.4%
amy beryl martin 20.2%
View Allgolden bay holiday village (westward ho!) ltd Estimated Valuation
Pomanda estimates the enterprise value of GOLDEN BAY HOLIDAY VILLAGE (WESTWARD HO!) LTD at £4.9m based on a Turnover of £5.4m and 0.91x industry multiple (adjusted for size and gross margin).
golden bay holiday village (westward ho!) ltd Estimated Valuation
Pomanda estimates the enterprise value of GOLDEN BAY HOLIDAY VILLAGE (WESTWARD HO!) LTD at £695.9k based on an EBITDA of £205.3k and a 3.39x industry multiple (adjusted for size and gross margin).
golden bay holiday village (westward ho!) ltd Estimated Valuation
Pomanda estimates the enterprise value of GOLDEN BAY HOLIDAY VILLAGE (WESTWARD HO!) LTD at £696.8k based on Net Assets of £370.5k and 1.88x industry multiple (adjusted for liquidity).
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Golden Bay Holiday Village (westward Ho!) Ltd Overview
Golden Bay Holiday Village (westward Ho!) Ltd is a live company located in bideford, EX39 1LB with a Companies House number of 05241581. It operates in the holiday centres and villages sector, SIC Code 55201. Founded in September 2004, it's largest shareholder is mary ann hall with a 39.4% stake. Golden Bay Holiday Village (westward Ho!) Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £5.4m with declining growth in recent years.
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Golden Bay Holiday Village (westward Ho!) Ltd Health Check
Pomanda's financial health check has awarded Golden Bay Holiday Village (Westward Ho!) Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £5.4m, make it smaller than the average company (£9m)
- Golden Bay Holiday Village (westward Ho!) Ltd
£9m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6.9%)
- Golden Bay Holiday Village (westward Ho!) Ltd
6.9% - Industry AVG
Production
with a gross margin of 63.2%, this company has a comparable cost of product (63.2%)
- Golden Bay Holiday Village (westward Ho!) Ltd
63.2% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (19.7%)
- Golden Bay Holiday Village (westward Ho!) Ltd
19.7% - Industry AVG
Employees
with 18 employees, this is below the industry average (89)
18 - Golden Bay Holiday Village (westward Ho!) Ltd
89 - Industry AVG
Pay Structure
on an average salary of £20.5k, the company has an equivalent pay structure (£20.5k)
- Golden Bay Holiday Village (westward Ho!) Ltd
£20.5k - Industry AVG
Efficiency
resulting in sales per employee of £299.9k, this is more efficient (£97.6k)
- Golden Bay Holiday Village (westward Ho!) Ltd
£97.6k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is later than average (10 days)
- Golden Bay Holiday Village (westward Ho!) Ltd
10 days - Industry AVG
Creditor Days
its suppliers are paid after 141 days, this is slower than average (63 days)
- Golden Bay Holiday Village (westward Ho!) Ltd
63 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Golden Bay Holiday Village (westward Ho!) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (8 weeks)
15 weeks - Golden Bay Holiday Village (westward Ho!) Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.6%, this is a higher level of debt than the average (57.7%)
87.6% - Golden Bay Holiday Village (westward Ho!) Ltd
57.7% - Industry AVG
GOLDEN BAY HOLIDAY VILLAGE (WESTWARD HO!) LTD financials
Golden Bay Holiday Village (Westward Ho!) Ltd's latest turnover from December 2022 is estimated at £5.4 million and the company has net assets of £370.5 thousand. According to their latest financial statements, Golden Bay Holiday Village (Westward Ho!) Ltd has 18 employees and maintains cash reserves of £518.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Mar 2014 | Mar 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 323,771 | 243,971 | 682,472 | ||||||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||||
| Cost Of Sales | 56,780 | 167,076 | 468,074 | ||||||||||||
| Gross Profit | 266,991 | 76,895 | 214,398 | ||||||||||||
| Admin Expenses | 309,817 | 74,068 | 163,062 | ||||||||||||
| Operating Profit | -42,826 | 2,827 | 51,336 | ||||||||||||
| Interest Payable | 14,676 | 965 | 1,383 | ||||||||||||
| Interest Receivable | 21 | 0 | 0 | ||||||||||||
| Pre-Tax Profit | -49,081 | 1,862 | 49,953 | ||||||||||||
| Tax | -4,200 | -239 | -10,973 | ||||||||||||
| Profit After Tax | -53,281 | 1,623 | 38,980 | ||||||||||||
| Dividends Paid | 0 | 0 | 55,000 | ||||||||||||
| Retained Profit | -53,281 | 1,623 | -16,020 | ||||||||||||
| Employee Costs | 46,134 | 92,502 | |||||||||||||
| Number Of Employees | 18 | 22 | 16 | 17 | 15 | 14 | 11 | ||||||||
| EBITDA* | -42,826 | 4,346 | 56,991 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Mar 2014 | Mar 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,949,450 | 1,464,214 | 1,697,557 | 2,013,363 | 1,985,780 | 1,657,004 | 1,186,830 | 1,183,705 | 0 | 0 | 16,715 | 16,962 | 22,491 | 14,952 | 5,511 |
| Intangible Assets | 54,154 | 79,150 | 104,150 | 129,150 | 154,150 | 179,150 | 204,150 | 0 | 0 | 0 | 40,000 | 40,000 | 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 | 2,003,604 | 1,543,364 | 1,801,707 | 2,142,513 | 2,139,930 | 1,836,154 | 1,390,980 | 1,183,705 | 0 | 0 | 56,715 | 56,962 | 22,491 | 14,952 | 5,511 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,750 | 4,450 | 3,870 | 4,320 | 5,976 |
| Trade Debtors | 405,564 | 303,665 | 214,034 | 319,512 | 306,830 | 263,858 | 154,455 | 301,434 | 73,529 | 205,925 | 157,825 | 144,266 | 151,142 | 148,229 | 112,983 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 63,448 | 28,534 | 27,875 | 39,465 | 21,400 | 35,228 | 23,320 | 0 | 0 | 0 | 3,110 | 3,110 | 2,444 | 2,524 | 2,350 |
| Cash | 518,124 | 549,982 | 481,179 | 190,327 | 48,142 | 43,838 | 12,551 | 0 | 216,043 | 64,997 | 389 | 1,383 | 262 | 508 | 201 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 987,136 | 882,181 | 723,088 | 549,304 | 376,372 | 342,924 | 190,326 | 319,434 | 289,572 | 270,922 | 178,074 | 153,209 | 157,718 | 155,581 | 121,510 |
| total assets | 2,990,740 | 2,425,545 | 2,524,795 | 2,691,817 | 2,516,302 | 2,179,078 | 1,581,306 | 1,503,139 | 289,572 | 270,922 | 234,789 | 210,171 | 180,209 | 170,533 | 127,021 |
| Bank overdraft | 39,600 | 29,557 | 240,375 | 24,857 | 24,457 | 23,657 | 23,149 | 0 | 0 | 0 | 16,514 | 16,271 | 7,946 | 31,315 | 19,080 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,253 | 28,429 | 0 | 0 | 0 |
| Trade Creditors | 771,292 | 583,288 | 343,140 | 487,862 | 460,032 | 377,047 | 292,131 | 1,033,190 | 213,623 | 205,089 | 117,122 | 106,219 | 83,054 | 77,626 | 63,247 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,324 | 376 | 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 | 4,473 | 6,566 | 13,237 | 8,637 | 0 |
| other current liabilities | 927,706 | 990,203 | 1,308,682 | 1,222,602 | 1,137,278 | 1,044,483 | 831,888 | 0 | 0 | 0 | 24,225 | 22,055 | 29,697 | 42,510 | 43,813 |
| total current liabilities | 1,738,598 | 1,603,048 | 1,892,197 | 1,735,321 | 1,621,767 | 1,445,187 | 1,147,168 | 1,033,190 | 213,623 | 205,089 | 202,911 | 179,916 | 133,934 | 160,088 | 126,140 |
| loans | 585,735 | 224,953 | 255,007 | 601,221 | 312,351 | 337,155 | 360,812 | 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 | 500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 248,363 | 257,671 | 266,978 | 276,285 | 541,663 | 313,479 | 43,010 | 381,652 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 47,585 | 59,941 | 44,500 | 38,676 | 26,637 | 30,920 | 34,297 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 881,683 | 542,565 | 566,485 | 916,182 | 880,651 | 681,554 | 438,119 | 382,152 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,620,281 | 2,145,613 | 2,458,682 | 2,651,503 | 2,502,418 | 2,126,741 | 1,585,287 | 1,415,342 | 213,623 | 205,089 | 202,911 | 179,916 | 133,934 | 160,088 | 126,140 |
| net assets | 370,459 | 279,932 | 66,113 | 40,314 | 13,884 | 52,337 | -3,981 | 87,797 | 75,949 | 65,833 | 31,878 | 30,255 | 46,275 | 10,445 | 881 |
| total shareholders funds | 370,459 | 279,932 | 66,113 | 40,314 | 13,884 | 52,337 | -3,981 | 87,797 | 75,949 | 65,833 | 31,878 | 30,255 | 46,275 | 10,445 | 881 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Mar 2014 | Mar 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -42,826 | 2,827 | 51,336 | ||||||||||||
| Depreciation | 45,440 | 44,160 | 69,076 | 34,587 | 34,838 | 29,380 | 0 | 4,179 | 1,519 | 5,655 | 7,496 | 4,985 | 1,837 | ||
| Amortisation | 24,996 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -4,200 | -239 | -10,973 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16,750 | -16,750 | 12,300 | 580 | -450 | -1,656 | 5,976 |
| Debtors | 136,813 | 90,290 | -117,068 | 30,747 | 29,144 | 121,311 | -123,659 | 227,905 | -87,406 | 44,990 | 13,559 | -6,210 | 2,833 | 35,420 | 115,333 |
| Creditors | 188,004 | 240,148 | -144,722 | 27,830 | 82,985 | 84,916 | -741,059 | 819,567 | 96,501 | 87,967 | 10,903 | 23,165 | 5,428 | 14,379 | 63,247 |
| Accruals and Deferred Income | -62,497 | -318,479 | 86,080 | 85,324 | 92,795 | 212,595 | 831,388 | 500 | -24,225 | -24,225 | 2,170 | -7,642 | -12,813 | -1,303 | 43,813 |
| Deferred Taxes & Provisions | -12,356 | 15,441 | 5,824 | 12,039 | -4,283 | -3,377 | 34,297 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -8,679 | 67,171 | |||||||||||||
| 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 | 0 | 0 | 0 | 0 | -25,253 | -25,253 | -3,176 | 28,429 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,324 | -15,324 | 14,948 | 376 | 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 | 360,782 | -30,054 | -346,214 | 288,870 | -24,804 | -23,657 | 360,812 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,473 | -4,473 | -2,093 | -6,671 | 4,600 | 8,637 | 0 |
| other long term liabilities | -9,308 | -9,307 | -9,307 | -265,378 | 228,184 | 270,469 | -338,642 | 381,652 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -14,655 | -965 | -1,383 | ||||||||||||
| cash flow from financing | -30,982 | 8,714 | 20,751 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -31,858 | 68,803 | 290,852 | 142,185 | 4,304 | 31,287 | 12,551 | -216,043 | 215,654 | 64,608 | -994 | 1,121 | -246 | 307 | 201 |
| overdraft | 10,043 | -210,818 | 215,518 | 400 | 800 | 508 | 23,149 | 0 | -16,514 | -16,514 | 243 | 8,325 | -23,369 | 12,235 | 19,080 |
| change in cash | -41,901 | 279,621 | 75,334 | 141,785 | 3,504 | 30,779 | -10,598 | -216,043 | 232,168 | 81,122 | -1,237 | -7,204 | 23,123 | -11,928 | -18,879 |
golden bay holiday village (westward ho!) ltd Credit Report and Business Information
Golden Bay Holiday Village (westward Ho!) Ltd Competitor Analysis
Perform a competitor analysis for golden bay holiday village (westward ho!) ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
golden bay holiday village (westward ho!) ltd Ownership
GOLDEN BAY HOLIDAY VILLAGE (WESTWARD HO!) LTD group structure
Golden Bay Holiday Village (Westward Ho!) Ltd has no subsidiary companies.
Ultimate parent company
GOLDEN BAY HOLIDAY VILLAGE (WESTWARD HO!) LTD
05241581
golden bay holiday village (westward ho!) ltd directors
Golden Bay Holiday Village (Westward Ho!) Ltd currently has 2 directors. The longest serving directors include Ms Mary Hall (Oct 2004) and Mrs Amy Martin (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Mary Hall | England | 65 years | Oct 2004 | - | Director |
| Mrs Amy Martin | England | 34 years | Jun 2023 | - | Director |
P&L
December 2022turnover
5.4m
+40%
operating profit
134.9k
0%
gross margin
63.2%
+4.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
370.5k
+0.32%
total assets
3m
+0.23%
cash
518.1k
-0.06%
net assets
Total assets minus all liabilities
golden bay holiday village (westward ho!) ltd company details
company number
05241581
Type
Private limited with Share Capital
industry
55201 - Holiday centres and villages
incorporation date
September 2004
age
20
accounts
Total Exemption Full
ultimate parent company
previous names
green ink company (midlands) ltd (February 2015)
incorporated
UK
address
golden bay holiday village, merley road, bideford, devon, EX39 1LB
last accounts submitted
December 2022
golden bay holiday village (westward ho!) ltd 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 4 charges/mortgages relating to golden bay holiday village (westward ho!) ltd. Currently there are 3 open charges and 1 have been satisfied in the past.
golden bay holiday village (westward ho!) ltd Companies House Filings - See Documents
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